CEO of Ozempic, Calibrate’s prescription startup, steps down as investors rapidly shrink the size of its consumer business

CEO of Ozempic, Calibrate's prescription startup, steps down as investors rapidly shrink the size of its consumer business

Calibrates founder and CEO Isabelle Kenyon is stepping down as CEO and will no longer oversee day-to-day operations. Carsten Snejbjerg Bloomberg/Getty Images; Calibrate Calibrate, the weight loss startup backed by Founders Fund and Tiger Global, is making changes to its management team as investors restructure the company, according to an investor letter, internal correspondence seen …

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Google stock is losing a market capitalization the size of Nike in one of the five worst declines in Wall Street history

Google stock is losing a market capitalization the size of Nike in one of the five worst declines in Wall Street history

Published: October 25, 2023 at 16:58 ET Alphabet Inc.’s Wednesday stock sell-off. caused the fifth-largest one-day decline in market value of any U.S. company in history. Alphabets GOOG GOOGL shares fell 9.5% on Wednesday’s action, according to Dow Jones Market Data, wiping $166.64 billion in market value from Google’s parent company. The decline in market …

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