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Novo Nordisk Rebounds as FDA Vows Crackdown on Wegovy Copycats
Novo Nordisk B shares surged 5.29% after Hims & Hers halted its $49 compounded version of Wegovy, with the FDA pledging action against unauthorized copycats. The stock remains down roughly 20% over five sessions amid pricing uncertainty.
Linde Shares Face Pressure After JPMorgan Downgrade, Focus Turns to Pricing Outlook
Linde stock fell 2.53% to $448.07 Friday after JPMorgan cut its rating to Neutral, citing valuation and flat sequential pricing. Investors await U.S. jobs data and company conferences this week.
Inditex Initiates Share Repurchase Ahead of March Earnings
Inditex shares edged higher Friday after announcing a €180 million buyback program for employee incentives, with full-year results due March 11.
Thermo Fisher Shares End Week Lower Amid Research Funding Concerns
Thermo Fisher Scientific closed Friday at $542.83, down 6.7% for the week as investors weigh pressure from academic research funding cuts. The company's 2026 outlook projects adjusted earnings of $24.22 to $24.80 per share.
GE Vernova Surges 5.6% as Energy Infrastructure Demand Fuels Rally
GE Vernova shares climbed to $779.35 amid a broader market rally, buoyed by new wind orders and a strategic alliance. Analysts highlight the early-stage energy infrastructure cycle but note wind segment risks.
MUFG Shares Surge as Japan Election Outcome Fuels Bond Yield and Yen Speculation
Mitsubishi UFJ Financial Group's stock rose sharply following Prime Minister Sanae Takaichi's election victory, reigniting market bets on higher bond yields and a weaker yen. Traders are closely monitoring Bank of Japan signals and bank bond portfolio risks.
Shell Halts Kazakhstan Investments Amid Legal Disputes, Posts Mixed Q4 Results
Shell paused new Kazakhstan investments due to legal disputes over project costs, reported $3.3B Q4 profit below estimates, and will switch auditors to PwC from 2027. Shares edged up 0.2%.
Circle Shares Surge 14% on Polymarket's Switch to Native USDC on Polygon
Circle Internet Group's stock jumped nearly 14% after Polymarket announced plans to transition from bridged USDC.e to Circle-issued native USDC on Polygon. The move comes amid heightened U.S. regulatory scrutiny of prediction markets.
T-Mobile Shares Decline Ahead of Key Earnings and Strategy Update
T-Mobile US stock fell 2.2% on Friday, underperforming the broader market and telecom peers as investors await the company's quarterly results and capital markets day presentation on February 11.
SAP Share Buyback Commences as Company's Self-Holding Surpasses 5% Threshold
SAP has initiated its €10 billion share repurchase program after its ownership of its own stock exceeded 5%. The company's U.S. ADRs gained 3% in after-hours trading.