Business
Holiday air travel, Novo Nordisk trial results, ‘Wicked: For Good’ debut and more in Morning Squawk
John Williams, president and chief executive officer of the Federal Reserve Bank of New York, during a farewell symposium for former De Nederlandsche Bank NV President Klaas Knot at the central bank headquarters in Amsterdam, Netherlands, on Friday, Oct. 3, 2025. Lina Selg | Bloomberg | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to […]
Read More
Stocks making the biggest moves premarket: Novo Nordisk, Tesla, Alphabet, Oscar Health & more
Check out the companies making the biggest moves in premarket trading: Novo Nordisk — Shares tumbled 10% after the Danish pharmaceutical company’s trial for Alzheimer’s disease failed to meet its main goal of slowing the disease’s progression. Tesla — CEO Elon Musk said on X that the company is close to finalizing its latest artificial-intelligence […]
Read More
Novo Nordisk shares plunge 10% after Alzheimer’s drug trial fails to hit key target
The Novo Nordisk A/S headquarters in Bagsvaerd, Denmark, on Wednesday, Nov. 5, 2025. Nichlas Pollier | Bloomberg | Getty Images Shares of Novo Nordisk on Monday fell as much 11% after the Danish drug pharmaceutical company said a highly-anticipated trial for Alzheimer’s disease failed to meet its main goal. The trial tested whether semaglutide — the […]
Read More
European defense stocks slide as U.S., Ukraine make progress on peace plan
A Rheinmetall MAN Military Vehicle on Nov. 20, 2024, in Donetsk Oblast, Ukraine. Yan Dobronosov | Global Images Ukraine | Getty Images European defense stocks fell on Monday, extending declines as Ukraine and the U.S. made progress on peace proposals over the weekend. The Stoxx Europe Aerospace and Defense index was 0.7% lower during morning deals, […]
Read More
‘Wicked: For Good’ soars to $150 million domestic opening
Ariana Grande and Cynthia Erivo star in Universal’s “Wicked: For Good.” Universal Universal’s “Wicked: For Good” defied gravity at the box office, snaring an estimated $150 million from domestic ticket sales. It marks the second-highest opening weekend for a film released in 2025, just behind Warner Bros.’ “A Minecraft Movie,” which tallied $163 million back […]
Read More
Mining giant BHP makes renewed takeover bid for rival Anglo American, source says
Bloomberg | Bloomberg | Getty Images Mining company BHP has made a renewed takeover approach to rival Anglo American, a source familiar with the matter told Reuters on Sunday, just months after the London-listed miner agreed merger plans with Canada’s Teck Resources to create a global copper-focused heavyweight. Anglo American declined to comment. BHP did […]
Read More
‘Stakes are high.’ With shutdown over, airlines predict record numbers of travelers this Thanksgiving
A travelers check flight information at LAX as the shutdown passes the one-month mark, leaving essential workers unpaid in Los Angeles, California, on November 5, 2025. Grace Hie Yoon | Anadolu | Getty Images U.S. airlines are predicting another record Thanksgiving holiday travel period and are upbeat now that the travel-snarling government shutdown has ended. […]
Read More
Microsoft faces uphill climb to turn enterprise dominance into widespread AI chatbot adoption
Microsoft CEO Satya Nadella speaks at Microsoft Build AI Day in Jakarta, Indonesia, on April 30, 2024. Adek Berry | AFP | Getty Images On Microsoft’s earnings call last month, CEO Satya Nadella boasted about the company’s artificial intelligence products, and said over 150 million people are using its Copilot assistant for productivity, cybersecurity, coding […]
Read More
Trump claims California’s $20 fast-food minimum wage hurts businesses. The truth is a lot more complicated
U.S. President Donald Trump delivers remarks at the McDonald’s Impact Summit at the Westin Hotel in Washington, D.C., U.S., Nov. 17, 2025. Evelyn Hockstein | Reuters President Donald Trump on Monday said that California Gov. Gavin Newsom is “laying siege on the minimum wage.” Trump’s comments at the McDonald’s Impact Summit likely referred to California’s […]
Read More
Stocks making the biggest moves midday: Oracle, Bath & Body Works, Gap and more
Check out the companies making the biggest moves midday: Oracle — The AI stock fell 4% as investors remained worried about valuations tied to AI continued to dump stocks. Those declines added to Oracle’s and Nvidia’s steep weekly losses. Bath & Body Works — The retailer fell 5%, adding to its 24.8% plunge from Thursday, […]
Read More