As FAANG stocks diverge following a mixed bag of earnings, CNBC Pro asks analysts and investors what’s next for the tech giants.
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FAANG stocks had a mixed first quarter. Here’s what Wall Street sees ahead for the tech titans
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European stocks nudge higher amid U.S.-Iran ceasefire uncertainty
The Euronext NV stock exchange in Paris. Nathan Laine | Bloomberg | Getty Images Shares in Europe nudged higher on Friday morning as the fragile ceasefire between the U.S. and Iran continues to test investors’ nerves. Shortly after the opening bell, the pan-European Stoxx 600 index was seen trading up 0.2%, with most sectors in […]
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Eli Lilly market share drops, Novo Nordisk holds firm as generic weight-loss drugs flood India
The Eli Lilly and Novo Nordisk logos. Mike Blake | Tom Little | Reuters The market share of India’s most popular weight‑loss drugmaker, Eli Lilly, slipped in March, while rival Novo Nordisk held steady even as Indian generic drugmakers flooded the market with lower‑priced copies. Eli Lilly’s Indian market share in the GLP‑1 category of […]
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Oil edges higher as U.S.-Iran ceasefire fails to boost traffic via Strait of Hormuz
A maze of crude oil pipes and valves is pictured during a tour by the Department of Energy at the Strategic Petroleum Reserve in Freeport, Texas. Richard Carson | Reuters Oil prices edged higher in choppy trading Friday as tensions around the Strait of Hormuz deepened, with the vital shipping lane still largely closed despite […]
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