Danish drugmaker Novo Nordisk on Wednesday posted another quarter of rapid profit growth, though the story for once wasn’t its wildly popular weight-loss drugs.Danish drugmaker Novo Nordisk on Wednesday posted another quarter of rapid profit growth, though the story for once wasn’t its wildly popular weight-loss drugs. Danish drugmaker Novo Nordisk on Wednesday posted another quarter of rapid profit growth, though the story for once wasn’t its wildly popular weight-loss drugs.
Author: MAK Gojar
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Central banks stretched their gold-buying streak to a 15th consecutive year in 2024, contributing to rise in total demand for the precious metal to its highest annual level on record — with no sign of an end this year to their “hunger” for gold, according to the World Gold Council.Central banks stretched their gold-buying streak to a 15th consecutive year in 2024, contributing to rise in total demand for the precious metal to its highest annual level on record — with no sign of an end this year to their “hunger” for gold, according to the World Gold Council. Central banks…
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AMD did not break out a specific revenue number or forecast for its AI chips, a move that is bothering investors.AMD did not break out a specific revenue number or forecast for its AI chips, a move that is bothering investors. AMD did not break out a specific revenue number or forecast for its AI chips, a move that is bothering investors.
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Hard pass on this ideaHard pass on this idea Hard pass on this idea
Major tax-prep providers like Intuit’s TurboTax and H&R Block say they can do “simple” federal income-tax returns for free. The IRS also has two different free filing options equipped for these types of returns.Major tax-prep providers like Intuit’s TurboTax and H&R Block say they can do “simple” federal income-tax returns for free. The IRS also has two different free filing options equipped for these types of returns. Major tax-prep providers like Intuit’s TurboTax and H&R Block say they can do “simple” federal income-tax returns for free. The IRS also has two different free filing options equipped for these types of returns.
President Trump’s trade-war tactics have been tough for investors to parse, especially as stocks zigzagged to start the week amid mixed messages from the bond market.President Trump’s trade-war tactics have been tough for investors to parse, especially as stocks zigzagged to start the week amid mixed messages from the bond market. President Trump’s trade-war tactics have been tough for investors to parse, especially as stocks zigzagged to start the week amid mixed messages from the bond market.
The lawsuite claims he “improperly” took ownership of the Las Vegas property where the former NFL player died in April 2024.The lawsuite claims he “improperly” took ownership of the Las Vegas property where the former NFL player died in April 2024. The lawsuite claims he “improperly” took ownership of the Las Vegas property where the former NFL player died in April 2024.
Kevin Costner has fiercely denied romance rumors with Jennifer Lopez, so where is the Hollywood star hunkering down?Kevin Costner has fiercely denied romance rumors with Jennifer Lopez, so where is the Hollywood star hunkering down? Kevin Costner has fiercely denied romance rumors with Jennifer Lopez, so where is the Hollywood star hunkering down?
A measure of calm returned to financial markets on Tuesday, even as tensions continued to linger between the Trump administration and ChinaA measure of calm returned to financial markets on Tuesday, even as tensions continued to linger between the Trump administration and China A measure of calm returned to financial markets on Tuesday, even as tensions continued to linger between the Trump administration and China
China also announced an investigation into Alphabet’s Google alleging the American technology giant had violated the country’s anti-monopoly law.China also announced an investigation into Alphabet’s Google alleging the American technology giant had violated the country’s anti-monopoly law. China unveiled a series of retaliatory measures against the U.S. on Tuesday, shortly after U.S. tariffs on Chinese goods took effect, raising concerns of a broader trade war between the world’s two largest economies. China’s Finance Ministry said Tuesday it will impose additional tariffs of 15% on coal and liquefied natural gas imports from the U.S. and 10% higher duties on American crude…
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Pharmaceutical company Merck & Co. Inc. (NYSE: MRK) reported a sharp increase in adjusted earnings for the fourth quarter of 2024, aided by a 7% increase in sales. Fourth-quarter worldwide sales increased 7% year-over-year to $15.6 billion, with Pharmaceutical and Animal Health revenues growing 7% and 9% respectively. The company reported a net profit of $3.74 billion or $1.48 per share for the December quarter, compared to a loss of $1.23 billion or $0.48 per share in the prior-year period. On an adjusted basis, earnings climbed to $1.72 per share in Q4 from $0.03 per share in the fourth quarter…
Chipotle earnings beat estimates as restaurant traffic rises again.Chipotle earnings beat estimates as restaurant traffic rises again. In this article CMG Follow your favorite stocksCREATE FREE ACCOUNT A Chipotle restaurant stands in Manhattan, New York City, on Feb. 6, 2024. Spencer Platt | Getty Images Chipotle Mexican Grill on Tuesday said traffic to its restaurants keeps rising, helping the company top analysts’ estimates for its quarterly earnings. However, the burrito chain disappointed investors with its same-store sales forecast for 2025 and commentary about weaker January traffic. Shares of the company fell more than 4% in extended trading. Here’s what the…
Trump slapped a 10% tariff on China this week.
Music streaming platform Spotify Technology (NYSE: SPOT) reported a profit for the fourth quarter of 2024, compared to a loss last year, aided by a double-digit increase in revenues. Total revenue increased to EUR4.24 billion in the fourth quarter from EUR3.67 billion in the prior-year period. The company had 675 million monthly active users at the end of the quarter, up 12%. Net income attributable to the company was EUR367 million, or EUR1.76 per share in Q4, compared to a loss of EUR70 million or EUR0.36 per share in the corresponding quarter last year. For the first quarter of 2025,…
Match Group announced Zillow co-founder Spencer Rascoff as its new CEO in a release Tuesday.Match Group announced Zillow co-founder Spencer Rascoff as its new CEO in a release Tuesday. FILE PHOTO: Spencer Rascoff, co-founder and executive chairman of dot.LA, speaks during the Montgomery Summit in Santa Monica, California, U.S., on Wednesday, March 4, 2020. Patrick T. Fallon | Bloomberg | Getty Images Match Group announced on Tuesday that Zillow co-founder Spencer Rascoff will serve as its new CEO. Rascoff, who has served as a member of the online dating company’s board since March 2024, will replace Bernard Kim in the…