Stock Market
Strong Demand for Wegovy and Ozempic: Novo Nordisk Q3 Sales Surge by 33%, 47% Operating Profit Growth
Novo Nordisk, Europe’s most valuable company in 2023, announced on Friday a significant upward revision of its full-year sales and operating profit outlook, surpassing market...
Wells Fargo Emerges Strong in Third Quarter, Sets Sights on Promising 2023
Wells Fargo, the fourth-largest U.S. bank, outperformed market projections in the third quarter of 2023, unveiling robust profits that surpassed analysts’ estimates. The financial giant...
UAW Escalates Stand-Up Strikes, Big Three on Alert
In a surprising turn of events, United Auto Workers (UAW) President Shawn Fain announced a shift in the union’s strike strategy on Friday, catching industry...
BlackRock Inc Beats Profit Estimates but Sees Shares Dip by 1%
BlackRock Inc, the world’s leading asset management firm, reported a 1% drop in shares on Friday, despite surpassing third-quarter profit projections. The company registered net...
Bank of America Warns: Surge in Bond Yields Challenges Market Resilience
In a stark warning to investors, Bank of America strategist Michael Hartnett has raised concerns over the recent surge in bond yields and its potential...
Profits Soar for JPMorgan Chase, Citigroup, and Wells Fargo in Third Quarter
JPMorgan Chase (JPM), Citigroup (C), and Wells Fargo (WFC) announced notable profit gains in the third quarter, underscoring the robust performance of major banks amid...
Kaiser Permanente Healthcare Workers End Historic Strike
In a significant development for the US healthcare sector, tens of thousands of Kaiser Permanente healthcare workers concluded their month-long strike on Friday, following successful...
Citigroup Posts Strong Third-Quarter Profits, Surpassing Analyst Predictions
In a robust display of financial strength, Citigroup reported strong third-quarter profits that surpassed analyst expectations, driven by a resurgence in investment banking and trading...
$69 Billion Monumental Acquisition of Activision Blizzard by Microsoft Marks the Largest-Ever Gaming Industry Merger
Microsoft (MSFT) made history on Friday with its record-breaking $69 billion acquisition of video game giant Activision Blizzard (ATVI). This landmark merger has officially become...
US Stocks Rally on Strong Bank Earnings Amid Middle East Tensions
US stocks surged at the opening bell on Friday, fueled by robust earnings reports from major banks and tempered by escalating tensions in the Middle...
