Novo Nordisk CEO defends economics of Wegovy pill as lower prices weigh on sales; shares fall 5%
Wall Street isn't convinced the Ozempic maker has a promising path back to sustainable growth as competition from Eli Lilly intensifies.
Independent coverage of UK markets, FCA policy and institutional trading
Wall Street isn't convinced the Ozempic maker has a promising path back to sustainable growth as competition from Eli Lilly intensifies.
Pinterest shares fell 7% in extended trading on Tuesday after the company reported better-than-expected earnings and revenue but issued lukewarm sales guidance.
Lucid Group missed Wall Street's second-quarter expectations as the electric vehicle manufacturer conducts an "operational reset" amid leadership changes and cost-cutting efforts.
U.S.-traded shares of Novo Nordisk dropped about 6% on Tuesday after the Danish drugmaker released guidance that appeared to disappoint investors.
Not only did results outpace expectations on both the top and bottom lines, but we also got a boost to full-year guidance.
DuPont's results and guidance aren't as bad as the market's initial reaction suggested.
The bank pointed to the fact that Shawbrook was a high-growth, high-profit specialist UK digital bank with a strong track record of delivering outsized returns of 18-19%, regardless of interest rate a…
Most investors start their stock search by chasing what’s already working. They scan for the biggest gainers, follow headlines about hot sectors, or buy whatever name keeps appearing in their social m…
Saudi Aramco on Tuesday reported a jump in second-quarter profit, following a period of severe disruption through the Strait of Hormuz amid the sprawling Middle East conflict.
Oil prices turn lower as Bessent says U.S. may have Iran deal "today or tomorrow"
Oil prices turn lower as Bessent says U.S. may have Iran deal "today or tomorrow"
Gold has corrected sharply after its best two-year run in decades, but the secular bull market remains in place.
Oil prices turn lower as Bessent says U.S. may have Iran deal "today or tomorrow"
Oil prices turn lower as Bessent says U.S. may have Iran deal "today or tomorrow"
Oil prices turn lower as Bessent says U.S. may have Iran deal "today or tomorrow"
Oil prices turn lower as Bessent says U.S. may have Iran deal "today or tomorrow"
Moreover, Houthi forces in Yemen—which are aligned with Iran—now say that they will block seaborne traffic through the Strait of Bab el Mandeb, which lies at the southern end of the Red Sea and accoun…
The algorithmic trading market is growing fast, projected to more than double from $18.8 billion in 2025 to $43.2 billion by 2034. AI trading bots now execute the majority of volume on global equity m…
A sharp rally in quantum computing stocks is drawing renewed investor attention to speculative tech, as markets shift focus to earnings season and capital spending trends.
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Market moves: The S & P 500 …
Coinbase shares dropped in extended trading on Thursday after the crypto platform posted a wider-than-expected loss for the second quarter, underscoring the continued troubles resulting from a deepeni…
Cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) reported Q2 CY2026 results beating Wall Street’s revenue expectations, with sales up 19.6% year on year to $200.6 billion. On the other …
You have undoubtedly heard about the recent massive spike in RAM prices. RAM for consumer devices like desktops, laptops, graphics cards, and smartphones (DDR, GDDR, and LPDDR memory) has skyrocketed …
Ferrari is bumping up its 2026 guidance after beating Wall Street's second-quarter expectations amid healthy demand for the famed Italian sports car brand's products.