Medicare announces the first 10 drugs selected for price negotiations, marking a historic step towards making healthcare more affordable. President Biden and Vice President Harris show support.
Chinese stocks climb as government reduces stamp duty, restricts new listings, and eases margin rules. Hang Seng Index rises 1%, Alibaba and JD.com gain in local trading.
Loop Capital analyst upgrades Netflix stock, citing strong competitive position and potential growth. Rivals' pricing strategies and decline of traditional TV contribute to Netflix's advantage. Continued dominance predicted.