Kim Kahn

The move comes nearly a year after Rodney McMillan stepped down following an internal investigation into conduct deemed inconsistent with company policy.

And the Wegovy saga continues.

Novo Nordisk filed a lawsuit against hims and hers, accusing the telehealth platform of violating its rights to a key U.S.

patent for the weight loss drug.

Hims called the suit a blatant attack targeting millions of Americans who rely on compounded medications for access to personalized care.

Looking to the economy, Chinese regulators are urging major financial institutions to curb their exposure to U.S.

treasuries, citing concentration risk and market volatility.

Bloomberg reports officials have advised banks to limit new purchases of U.S.

government bonds and ask firms with large existing positions to gradually reduce their holdings.

The guidance, delivered in recent weeks to some of China's largest banks, does not apply to China's official state holdings of U.S.

treasuries.

And Bloomberg says regulators frame the move as risk diversification, not a geopolitical signal and not a loss of confidence in U.S.

creditworthiness.

Chinese banks held about $298 billion in dollar-denominated bonds as of September.

In other news of note, the Seattle Seahawks took home the Lombardi Trophy on Super Sunday, but are they also bringing home the bacon for investors?

The Super Bowl indicator says an NFC win is bullish for stocks, while an AFC champion can foreshadow a weaker year.

The theory dates back to the late 1970s and ties to the old split between the NFL and AFL before the 1970 merger.

According to Investopedia, from 1967 to 2025, the indicator has been right about 71% of the time.

But since 2005, accuracy has fallen to around 40%, so maybe don't build a portfolio around it.

And for the record, the biggest prop bet payout was Seahawks rookie tight end A.J.