business news
Stocks making the biggest moves midday: Novo Nordisk, Palantir, AES, Rocket and more
Check out the companies making headlines before the bell: Novo Nordisk — The maker of obesity drug Wegovy’s U.S. stock fell about 13% after unexpectedly warning that fiscal 2026 sales will be hurt by lower drug prices in the U.S. even as it anticipates more patients will use its popular GLP-1 drug. Novo Nordisk said […]
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Novo Nordisk shares tumble after company forecasts sales declines this year
Novo Nordisk‘s U.S. shares plummeted Tuesday after the company said it sees sales and profit growth declining this year, hit by lower prices in the U.S. and loss of exclusivity for its blockbuster Wegovy and Ozempic in China, Brazil and Canada. The company published the forecast as it reported full-year 2025 sales, ahead of the […]
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House Republicans move toward reopening U.S. government
US Speaker of the House Mike Johnson, Republican from Louisiana, speaks as he leads a news conference with House Republican leadership at the US Capitol in Washington, DC, on February 3, 2026. Roberto Schmidt | Afp | Getty Images House Speaker Mike Johnson said he’s optimistic the three-day partial shutdown of much of the U.S. […]
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Trump says India will stop buying Russian oil. Shadow fleet vessels are still unloading sanctioned crude at its ports
The oil tanker “Grinch” (R), suspected of belonging to the Russian’s shadow fleet, is seen outside the coast of Martigues near the port of Marseille-Fos on January 25, 2026, as it’s surveilled by the French Navy. Thibaud Moritz | Afp | Getty Images President Donald Trump announced a U.S. trade deal with India on Monday […]
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Musk’s xAI, SpaceX combo is the biggest merger of all time, valued at $1.25 trillion
Elon Musk’s rocket maker SpaceX has acquired his artificial intelligence startup xAI in a deal that will value the company at $1.25 trillion, CNBC’s David Faber confirmed Tuesday. The record-setting transaction is the largest merger of all time and values SpaceX at $1 trillion and xAI at $250 billion, according to documents viewed by CNBC. […]
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Who is Josh D’Amaro, Disney’s next CEO?
The Walt Disney Company has a new CEO — Josh D’Amaro. The chairman of Disney’s experiences division, which includes the company’s theme parks, cruise line, resorts and consumer products, was named to succeed long-time CEO Bob Iger. He will be the eighth CEO in Disney’s more than 100-year history. D’Amaro, 54, joined Disney in 1998 […]
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Teradyne stock pops on earnings beat driven by AI demand
Cheng Xin | Getty Images News | Getty Images Teradyne stock popped on Tuesday after the company beat fourth-quarter estimates thanks to strong artificial intelligence demand. The robotics company reported adjusted earnings of $1.80 per share, exceeding the $1.37 per share expected by analysts surveyed by LSEG. Revenue totaled $1.08 billion, topping a forecast of […]
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AI will supercharge sports team valuations, says Arctos Partners’ Charles
A version of this article appeared in CNBC’s Inside Alts newsletter, a guide to the fast-growing world of alternative investments, from private equity and private credit to hedge funds and venture capital. Sign up to receive future editions, straight to your inbox. The rise of artificial intelligence is likely to boost the valuations of sports teams and […]
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