Business

Hims & Hers Responds to FTC Lawsuit

Updated 2026-08-18 14:40 UTC 1 source Neutral

Hims & Hers CEO Andrew Dudum addressed the FTC's lawsuit in a CNBC interview, explaining how the company operates. Meanwhile, Kalshi seeks to launch new financial products, expanding its market presence.

Coverage timeline — 2 articles

CNBC

Hims & Hers CEO says FTC lawsuit misunderstands how the company works

Hims & Hers CEO Andrew Dudum spoke to CNBC about the FTC's lawsuit against the company, compounded GLP-1 drugs and AI.

2026-08-18 14:20 UTC

CNBC

Kalshi seeks to launch ‘perps’ on equity indexes as it moves in on traditional exchanges' turf

The company is seeking to launch a "US500" perp tied to the MerQube U.S. Large Cap Index, according to a regulatory filing.

2026-08-18 14:22 UTC