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Novo Nordisk stock plunges 20% after a trial of its latest weight loss drug disappoints

Novo Nordisk’s stock suffered its biggest one-day slide on record after its latest obesity drug trial disappointed investors hoping for…

Micron stock drops 17% on warning of weaker demand for consumer chips

Micron Technology stock tumbled Thursday after the company gave disappointing guidance and warned of weakness in consumer chip markets. Advertisement…

Broadcom soars 23% to a $1 trillion valuation after earnings as the company eyes big AI opportunity ahead

Broadcom shares soared on Friday, pushing the chipmaker’s valuation above $1 trillion for the first time ever. Advertisement The stock…

South Korea stocks pummeled amid government turmoil following declaration of martial law

Advertisement South Korean stocks plunged on Tuesday after the country’s president proclaimed martial law was in effect. The country’s stock…

Weight loss drug makers still have huge upside, and the market overreacted to RFK Jr. named to top health role, BMO says

Advertisement Shares of pharmaceutical companies that produce popular weight loss drugs have tumbled since president-elect Donald Trump named Robert F.…

4 things to know about Trump Media’s move to buy an unprofitable crypto platform

Advertisement Donald Trump’s media firm could soon offer cryptocurrency trading, with the Truth Social parent company reportedly in talks to…

EV makers slide on report Trump wants to scrap EV tax credit

Advertisement Electric-vehicle stocks dropped on Thursday after a report said President-elect Donald Trump’s transition team was looking at doing away…

Hertz’s failed Tesla bet keeps getting worse as weak earnings challenge its stock

Advertisement Hertz shares plunged as much as 12% on Tuesday after the company turned in its fourth quarterly loss in…

Tesla short-sellers have lost $8 billion since Donald Trump’s election win

Advertisement Investors betting against Tesla have lost $7.8 billion since Donald Trump’s election win last week. That’s according to data…

Trump’s tax cuts could boost S&P 500 earnings by 20% over the next 2 years, Goldman Sachs says

Advertisement President-elect Donald Trump’s proposed tax cuts could boost S&P 500 earnings by more than 20%, Goldman Sachs said. Strategists…