Latest News
Novo Nordisk Shares Rebound as Hims Halts Wegovy Copycat After FDA Pressure
Novo Nordisk's Class B shares surged 5.3% after Hims & Hers discontinued its compounded Wegovy pill following U.S. regulatory warnings. The stock had dropped nearly 8% when the copycat launched.
Amgen Reaches 52-Week Peak on Friday; Investors Eye Inflation Data and Drug Pricing
Amgen shares surged 4.5% to close at $384.32 on Friday, achieving a new 52-week high. Market participants are monitoring upcoming U.S. inflation figures and developments in drug pricing.
Linde Shares Slide on 2026 Guidance, JPMorgan Downgrade
Linde stock fell 2.5% after issuing 2026 EPS guidance below consensus. JPMorgan downgraded the stock, while Morgan Stanley and UBS raised price targets.
Inditex Initiates €180M Share Buyback, Stock Nears €58 Level
Inditex shares gained 0.78% to €57.14 as the company launched a €180 million share repurchase program. Investors now await full-year results scheduled for March 11.
GE Vernova Surges 5.6% on Wind Orders and Acquisition Close
GE Vernova shares climbed nearly 6% Friday following new U.S. wind repower orders and completion of a major transformer acquisition. Investors await key U.S. economic data next week.
T-Mobile Shares Dip Ahead of Key Financial Outlook and Earnings Report
T-Mobile US stock declined 2.2% to $197.39 Friday, underperforming the broader market as investors await the company's updated 2026-27 targets and Q4 earnings on Feb. 11.
MUFG Shares Gain as Bond Strategy and Election Loom Over Tokyo Trading
Mitsubishi UFJ Financial Group's stock advanced 2.5% in Tokyo, with the bank eyeing renewed JGB purchases despite significant paper losses. Markets await Japan's election outcome and Bank of Japan policy signals.
Shell Announces Auditor Switch, Kazakhstan Investment Pause Amid Ongoing Buybacks
Shell has selected PwC as its new auditor starting in 2027 and will halt new investments in Kazakhstan due to legal disputes. The company continues its share repurchase program.
Reliance Industries Gains on Australian Beverage Acquisition Ahead of Market Reopening
Reliance Industries shares rose 0.5% to 1,450.80 rupees Friday after its consumer unit acquired a majority stake in Australia's Goodness Group Global. The stock remains 10% below its 52-week high.
China Mobile A-Shares Dip as BeiDou Satellite Service and Tax Hike Weigh on Telecom Outlook
China Mobile's A-shares edged lower ahead of the weekend, with investors eyeing the rollout of BeiDou satellite messaging and potential margin pressure from a higher VAT rate on telecom services.