Taylor Swift Shatters Record for First-Week Album Sales, J&J Separates Orthopedics Business

Taylor Swift's Record-Breaking Album Sales

• 🎤 Taylor Swift has shattered U.S. records by selling over four million copies of her 12th studio album, "The Life of a Showgirl," in its first week.
• 🏆 This monumental achievement surpasses the decade-long record previously held by Adele.
• 📊 The sales figures encompass both direct album sales and streaming activity.

Johnson & Johnson's Financial Performance and Restructuring

• 📈 Johnson & Johnson reported earnings and revenue that beat street expectations.
• 💰 Adjusted earnings per share were $2.80, exceeding the expected $2.76, with revenue reaching $23.99 billion against a $23.8 billion consensus.
• 🚀 The company is raising its full-year 2025 revenue outlook to $93.7 billion at the midpoint.
• 🏥 J&J also announced plans to separate its orthopedics business, which will operate as Dew Cthus, a transaction expected to be completed within 18 to 24 months.
• 💼 This standalone business accounts for approximately 9-10% of J&J's overall sales, around $9.2 billion.
• 🗣️ Johnson & Johnson CEO Duato is scheduled to join CNBC to discuss these developments further.