Novo Nordisk's Wegovy Sales Beat Expectations
The pharmaceutical giant narrowed its full-year guidance after its blockbuster Wegovy weight-loss drug beat sales expectations in the third quarter.
The pharmaceutical giant narrowed its full-year guidance after its blockbuster Wegovy weight-loss drug beat sales expectations in the third quarter.
The German chemical and consumer-goods company, which owns brands including Persil and Schwarzkopf, reported higher sales and backed expectations for the year.
The Danish jeweler now sees 2024 sales coming in toward the high end of its previous forecast despite a sluggish environment for luxury goods.
Commerzbank raised its full-year outlook after net profit came in ahead of analysts’ expectations.
The Japanese auto giant cut its annual forecast for group vehicle sales after its second-quarter profit more than halved due partly to weaker sales globally.
UniCredit lifted its earnings guidance for the year after reporting a net profit increase that exceeded expectations.
The French lender reported a better-than-expected fall in net profit and confirmed its guidance for the year.
The real-estate company posted a net loss of 592 million euros for the first nine months of 2024, and continues to expect its full-year result to reach the upper end of its guidance range.
Some further weakening in Treasurys seems likely if a “red wave” scenario comes to fruition in the U.S. with Republicans winning the presidency, the Senate and the House, Pepperstone said.
The greenback has rallied across the board as U.S. election results strengthen the bull case for currency, Pepperstone said.
Investors are wading into trades linked to a potential Trump victory, sending shares of DJT and Tesla higher.
The Japanese automaker cut its annual forecasts for car sales and net profit after posting a drop in first-half earnings due partly to weakness in its auto business in China.
Gold was being weighed by a stronger U.S. dollar as investors eye the election results, said Phillip Nova. Spot gold last down 0.15% at $2,740.24/oz.
Hong Kong shares extended losses at midday as investors braced for the U.S. election results. Investors were concerned about the threat of China tariffs if Trump wins the election, Saxo said.
The move follows months of disagreement over the handling of the wars in Gaza and Lebanon.
Brent crude oil futures were 0.5% lower at $75.14/barrel. Continued uncertainty around the outcome of the U.S. election was making oil prices jumpy, with U.S. foreign policy a potential driver for oil markets near term, the Commonwealth Bank of Australia said.
The news organization had warned that its election-forecasting tool might not be operational; some staffers debate the merits of the labor action.
President Claudia Sheinbaum says she won’t comply with any ruling made by the Supreme Court over a judicial system shake-up.
Writers for the Journal’s opinion pages react as the polls close and the votes are counted.
Chief Executive Devin Nunes said the company continues to explore additional possibilities for growth such as potential mergers and acquisitions, including in the realm of fintech.
The artificial intelligence search company is raising $500 million in its fourth funding round this year.
Let’s hope a leader of the 2017 “resistance” responds well if Trump wins again.
Take a deep breath, America. Remember, we made it through 1968.
Students discuss what the election means to them.
Elon Musk has much to target as government employment has surged.