Benzinga Buzz: Kim Denies Ozempic Use, But Not Tracy Morgan. Plus: Hurricane Hilary
Portfolio Pulse from Anthony Noto
Rumors about Kim Kardashian using Novo Nordisk's weight-loss medicine Ozempic have been denied by the celebrity. However, comedian Tracy Morgan openly admitted to using the drug for his weight loss journey. Other news includes the impact of Hurricane Hilary on the Writers Guild of America's picket line, an offer made to striking SAG-AFTRA actors by Walt Disney's chief Bob Iger, and Microsoft's plan to close the Xbox 360's online store in 2024.
August 20, 2023 | 11:01 pm
News sentiment analysis
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NEGATIVE IMPACT
Microsoft plans to close the Xbox 360's online store in 2024, which could potentially impact the company's gaming segment.
The closure of the Xbox 360's online store could potentially lead to a decrease in revenue from the gaming segment, which may negatively impact Microsoft's stock in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Walt Disney's chief Bob Iger has made an offer to striking SAG-AFTRA actors, which could potentially impact the company's operations.
The outcome of the offer made to the striking actors could potentially impact Disney's operations and its stock. However, the direction of the impact is uncertain at this point.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 60
POSITIVE IMPACT
Novo Nordisk's weight-loss drug Ozempic is in the spotlight due to rumors about its use by celebrities. While Kim Kardashian denied using the drug, Tracy Morgan admitted to its use.
The news about celebrities using Novo Nordisk's Ozempic could potentially increase interest in the drug, which may positively impact the company's stock in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80