Stock Movers: Oracle-TikTok Deal, Kenvue Autism Link, Pfizer's Obesity Drug Acquisition, and H-1B Visa Changes

Oracle and TikTok Algorithm Security

• 🚀 Oracle shares are up following news that it will create and secure a new US version of TikTok's algorithm.
• 💡 Oracle will manage data from US users in a secure cloud, implementing controls to prevent foreign adversary interference.

Kenvue's Stock Decline Amid Autism Link Report

• 📉 Kenvue shares have fallen significantly after a Washington Post report linking Tylenol's active ingredient to autism.
• ⚠️ Officials reportedly plan to warn pregnant women against using Tylenol unless medically necessary, a concern previously raised by RFK.
• 🧠 Kenvue stated that independent science shows acetaminophen does not cause autism and expressed concern over the health risks of such warnings.

Pfizer Acquires Obesity Drug Startup Metsera

• 💊 Pfizer is acquiring Metsera Inc. for approximately $4.9 billion to strengthen its obesity drug pipeline.
• 📈 Metsera's drug is a once-monthly injection, making it an attractive target for Pfizer after its own weight-loss drug faced setbacks.
• 🎯 This acquisition aims to help Pfizer compete with Eli Lilly and Novo Nordisk in the lucrative obesity drug market.

Real Estate Industry Consolidation

• 🏠 Anywhere Real Estate and Compass are set to merge, signaling industry consolidation due to a prolonged period of lackluster home sales.
• 📊 Anywhere Real Estate, which owns brands like Century 21 and Coldwell Banker, is merging with Compass, the current number one and two brokerages by volume.
• 🧩 Despite the merger, the combined firm will still control less than a quarter of the US home sales volume, highlighting the industry's fragmentation.

H-1B Visa Program Overhaul

• 🇺🇸 The Mag 7 stocks (Amazon, Microsoft, Meta) remain largely unchanged amidst news of changes to the H-1B visa program.
• 💰 President Trump signed a proclamation introducing a $100,000 fee for H-1B visa applications to curb overuse and address concerns about displacing US workers.