At WIRED’s “The Big Interview,” Mark Cuban explained that his low-price drug company, Cost Plus Drugs, prioritizes affordability over profit as a public benefit corporation. Cuban, along with co-founder Alex Oshmyansky, launched the online pharmacy in 2022 to disrupt the pharmaceutical industry by offering over 2,300 prescription medications at reduced prices. By marking up base prices by 15% and adding on pharmacy charges, Cost Plus Drugs aims to ensure all Americans can access essential medications without financial burden.
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Why Nvidia Rallied More Than 24% in May
Shares of Nvidia (NASDAQ: NVDA) surged 24.1% in May, as reported by S&P Global Market Intelligence. The increase was driven by a significant rally in technology stocks following eased tariff tensions between the U.S. and China, which coincided with Nvidia's earnings beat late in the month; however, the post-earnings gain represented only a fraction of the overall May increase. Additionally, the Trump administration's agreements for substantial AI chip sales to the United Arab Emirates and...
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