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Discussions to replace Novo Nordisk CEO have been ongoing for weeks, board chair says
COPENHAGEN, May 16 (Reuters) - Discussions between Novo Nordisk NOVOb.CO and the Novo Nordisk Foundation that controls the company regarding a CEO change have been ongoing for the past few weeks, the company's board Chair Helge Lund told Reuters on Friday.
Reuters
Fri, May 16
Amazon Delivers Fantastic Updates for Artificial Intelligence (AI) Stock Investors
Amazon (NASDAQ: AMZN) sees no signs of slowing demand for AI services.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue »*Stock prices used were the afternoon prices of May 12, 2025. The video was published on May 14,...
The Motley Fool
Fri, May 16
US STOCKS-Wall Street set to continue strong weekly showing as trade, inflation jitters ease
May 16 (Reuters) - Wall Street's main indexes were set to open higher on Friday, building on this week's gains fueled by a U.S.-China tariff truce and tamer inflation data, while a vote on President Donald Trump's sweeping tax legislation was also in focus.
Reuters
Fri, May 16
NYSE Content Advisory: Pre-Market update + NYSE celebrates 233 years forward
NEW YORK, May 16, 2025 /PRNewswire/ -- The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today's NYSE Pre-market update for market insights before trading begins. Kristen Scholer delivers the pre-market update on May 16t...
PR Newswire
Fri, May 16
MIDEAST STOCKS-Dubai and Abu Dhabi end week in positive territory as Trump wraps Gulf tour
May 16 (Reuters) - Dubai's main share index .DFMGI rose to a record high on Friday, settling up 1.05%, as a slew of business deals between the United Arab Emirates and the United States boosted investor confidence.President Donald Trump on his last stop of a Gulf tour on Friday said that the...
Reuters
Fri, May 16
Inozyme Pharma rises over 175% on $270 million buyout deal with BioMarin
** Shares of rare disease therapy developer Inozyme Pharma INZY.O rise 179% to $3.96 premarket ** BioMarin Pharma BMRN.O says that it has entered into an agreement to buy Inozyme Pharma for $4 per share in an all-cash transaction for a total consideration of around $270 million** The deal is expecte...
Reuters
Fri, May 16
Here's Why Data Center Equipment Company and Nvidia Partner Vertiv Soared This Week
Shares in data center equipment company and Nvidia partner Vertiv Holdings (NYSE: VRT) rose by 12% in the week ending Friday morning. The move was prompted by positive newsflow for the artificial intelligence (AI)/data center sector. Here's the lowdown.Tariff de-escalation and a boost to American in...
The Motley Fool
Fri, May 16
Vistra gains on $1.9 bln natural gas facilities deal
** Shares of utility co Vistra Corp VST.N up 3.6% premarket to $157.51 after acquisition news** Irving, Texas-based Vistra said late Thurs it would buy seven natural gas generation facilities from Lotus Infrastructure Partners for $1.9 bln, to help meet growing power demand** Gas plants are located ...
Reuters
Fri, May 16
Best Stock to Buy Right Now: Constellation Brands vs. Anheuser-Busch InBev
It's a matchup between two of the world's largest brewing companies with diverging fortunes in 2025. Shares of Constellation Brands (NYSE: STZ) are down 15% year to date as of this writing amid uncertainties regarding its import-heavy beer portfolio and the effect of tariffs on its U.S. market posit...
The Motley Fool
Fri, May 16
Why Fluence Energy Stock Was Flying High This Week
In the trading sessions following the release of its fiscal second quarter of 2025 earnings report, Fluence Energy (NASDAQ: FLNC) stock was the recipient of not one, but two analyst price target raises. That helped raise the value of its shares; according to data compiled by S&P Global Market Intell...
The Motley Fool
Fri, May 16
Can AMD Close the Gap With Nvidia in the Data Center Market?
Nvidia (NASDAQ: NVDA) boasts an estimated 90% market share of the data center market, an opportunity AMD (NASDAQ: AMD) is desperate to capture.Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue »*Stock prices used were...
The Motley Fool
Fri, May 16
Why Viasat Stock Was Racing Higher This Week
Satellite and telecom equipment specialist Viasat's (NASDAQ: VSAT) stock was ascending sharply this week, thanks to its involvement with a top name in private-sector space exploration. By the time the stock market had closed shop on Thursday, Viasat's share price had risen by 17%, according to data ...
The Motley Fool
Fri, May 16
Why Kohl's Stock Jumped Almost 25% This Week
Shares of discount retailer Kohl's (NYSE: KSS) rallied 24.7% this week through Thursday trading, according to data from S&P Global Market Intelligence.Kohl's stock had been under pressure this year, not only because tariffs threatened a portion of its apparel business, but also due to continued reve...
The Motley Fool
Fri, May 16
Street View: Walmart positioned as strong tariff hedge with strategic edge
** Walmart WMT.N will have to start raising prices later this month due to high cost of tariffs, executives said on Thursday, in a clear signal that U.S. President Donald Trump's trade war is filtering through to the American economy** Median PT of 44 brokerages covering the stock is $108 - data...
Reuters
Fri, May 16
The Smartest Growth Stock to Buy With $250 Right Now
A brewing trade war between the United States and China has, at least for now, de-escalated following an agreement that will temporarily dial back tariffs the two countries had levied against each other. E-commerce giant Amazon (NASDAQ: AMZN) rallied on the news -- over half the goods on its platfor...
The Motley Fool
Fri, May 16
Why Astera Labs Stock Was on Fire This Week
A professional pundit got notably more bullish on Astera Labs (NASDAQ: ALAB) on Monday, and that set quite a positive tone for the semiconductor company's stock in the subsequent trading days. According to data compiled by S&P Global Market Intelligence, the shares were trading up by almost 30% week...
The Motley Fool
Fri, May 16
Novo Nordisk slips as CEO steps down amid market challenges
** Shares of Danish weight-loss drug maker Novo Nordisk NOVOb.CO, NVO.N fall nearly 4% on Copenhagen stock exchange, and are down 5.4% in US pre-market trade** Novo Nordisk says Lars Fruergaard Jørgensen is stepping down as CEO, but will stay on for a while to ensure a smooth transition** Co says th...
Reuters
Fri, May 16
Vsee Health Inc
expected to post a loss of 9 cents a share - Earnings Preview
Vsee Health Inc VSEE.OQ VSEE.O is expected to report resultson May 19 (estimated) for the period ending December 31 2024The Boca Raton Florida-based company is expected to report revenue of $3.522 million, according to the estimate from one analyst, based on LSEG data.LSEG's mean analyst estim...
Reuters
Fri, May 16
U.S. STOCKS ON THE MOVE-Constellation Brands, Senseonics, Estee Lauder
The Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https://refini.tv/3dKUyB8U.S. stock index futures rose on Friday, keeping Wall Street on track to end the week on a positive note, marked by a U.S.-China tariff truce and soft inflation data, while investors focused...
Reuters
Fri, May 16
Flowers Foods Inc reports results for the quarter ended March 31 - Earnings Summary
Flowers Foods Inc FLO.N reported quarterly adjusted earnings of 35 cents per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 37 cents. The mean expectation of eight analysts for the quarter was for earnings of 38 cents per share. Wall ...
Reuters
Fri, May 16
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