Novo Nordisk slides while Moderna pops: Tale of two pharma stocks

Yahoo Finance
Under Armour is collapsing — And Kevin Plank has to take the blame
The Under Armour meltdown continues.
Reuters
Russian court seizes Deutsche Bank, Commerzbank assets as part of lawsuit
MOSCOW (Reuters) -A Russian court has ordered that Deutsche Bank's and Commerzbank's assets, accounts, property and shares be seized in Russia as part of a lawsuit involving the German banks, court documents showed. The banks were among the guarantor lenders under a contract for the construction of a gas processing plant in Russia with Germany's Linde, which was terminated due to Western sanctions. The St Petersburg arbitration court has barred Deutsche Bank from exercising its 100% interest in the authorised capital of its Russian subsidiary, as well as Deutsche Bank Technology Center LLC.
Investing.com
The 'Magnificent 7' term needs to be retired after Q1 earnings: Goldman Sachs
Goldman Sachs has observed a significant shift among the top technology companies, often dubbed the "Magnificent 7," following their first-quarter results.
Moneywise
Fed up with 'higher for longer' interest rates? Take rate cuts into your own hands with these 3 money moves
Consumers still have some control where their money goes.
GOBankingRates
Tony Robbins: 5 Ways the Average Joe Can Build Wealth
Financial influencer Tony Robbins spoke in a recent NewsNation interview about how the average Joe now has access to investment opportunities that were available only to rich investors and hedge funds...
BBC
Post Office: Fujitsu sacked top boss at height of Horizon scandal
Global president Rod Vawdrey then returned to Australia and made millions in a "train wreck" float.
The Smart Investor
Top Stock Market Highlights of the Week: Singapore Airlines, Google and OpenAI
We review the latest earnings from Singapore’s flagship carrier and look at the latest technological updates from a software giant. The post Top Stock Market Highlights of the Week: Singapore Airlines, Google and OpenAI appeared first on The Smart Investor.
Reuters
Sony and Apollo move ahead with Paramount bid process but reticent about earlier plan, NYT reports
The companies are, however, backing away from an initial plan to make an all-cash $26 billion offer for Paramount, the newspaper said. Reuters reported this month that Paramount was in talks to open its books to a consortium of the Sony movie unit and the U.S. buyout firm. CNBC later reported that Sony was rethinking its bid, sending Paramount's shares tumbling and helping the Japanese firm's shares surge after upbeat earnings.
Fortune
American stock markets have dominated global trading for most of the last 120 years. Here’s how other big economies measure up
U.S. markets have fended off challenges from China and Japan.
Yahoo Finance
Markets brace for Nvidia earnings: What to know this week
A crucial earnings report from AI leader Nvidia greets a stock market that hit new records last week.
Barrons.com
Gold Is at Record Levels. Its Future Still Looks Bright.
Yukon Cornelius, the self-proclaimed greatest prospector from the north in the TV movie Rudolph the Red-Nosed Reindeer, would be thrilled to learn that this year’s bull run in gold shows no signs of slowing down. Other precious metals such as silver stand to gain too, for many of the same reasons. Gold tends to do well during times of dollar weakness.
Fortune
Disgruntled Boeing investors take aim at $33 million pay for ex-CEO amid ongoing safety issues
Shareholders grill executives, as questions abound over Boeing's way forward.
South China Morning Post
China is key market for Singaporean biotech start-up's stomach cancer early diagnosis kit
Mainland China will become the largest single market for Singaporean diagnostics start-up Mirxes' core product, a stomach cancer detection kit that was key to the company's development, according to Zhou Lihan, its CEO and co-founder. The biotechnology firm, which launched the world's first molecular diagnostic kit for early detection of gastric cancer in 2019, refiled its draft prospectus for a Hong Kong initial public offering in April with the target of raising at least US$100 million for a v
Reuters
Morning Bid: China clouds darken market mood
Broadly speaking, the global backdrop for Asian markets is still bright, with investors confident that the Fed will soon cut U.S. interest rates keeping the dollar, bond yields and volatility in check, and boosting risk assets. But there's a cloud that shows no sign of lifting: China. The economic "data dump" from Beijing on Friday showed that China's recovery is sputtering - investment growth slowed, retail sales expanded at the slowest pace since late 2022, and new home prices fell at the fastest rate in nine years.
Zacks
Time to Buy Nvidia's Stock as Q1 Earnings Approach Next Week?
Another quarter of monstrous growth from Nvidia could certainly propel markets higher so let's see if it's time to buy stock in the chip giant ahead of its Q1 results on Wednesday, May 22.
GOBankingRates
I’m a Self-Made Millionaire: 8 Reasons I Always Purchase and Never Rent or Lease
Sure, renting has its perks. You can pick up and move as soon as your lease ends. You also delegate all the maintenance and repair work to your landlord. Be Aware: 7 Ways People Destroy the Value...
CNN Business
Wealthy Americans are starting to spend more carefully
Americans with deep pockets have played a growing role in powering the US economy with their spending. But their days of splurging like there’s no tomorrow might be coming to an end.
GOBankingRates
I’m a Super Saver: Here’s Why I Regret Being So Extreme Saving Money
Most people spend too much and save too little of their paycheck. But it's possible to go too far in the opposite direction. Read next: 26 Ways To Make $1,000 Fast -- In a Week or Less Learn...
GOBankingRates
5 Frugal Habits of Robert Kiyosaki
According to data from the Federal Reserve of St. Louis, Americans saved only 3.6% of their disposable income for the month of February. This is down from the 5.4% amount a decade ago and much lower...
France 24
Russian court seizes millions of euros worth of German bank assets
A Russian court has ordered that Deutsche Bank's and Commerzbank's assets, accounts, property and shares be seized in Russia as part of a lawsuit involving the German banks, court documents showed. The banks were among the guarantor lenders under a contract for the construction of a gas processing plant in Russia with Germany's Linde, which was terminated due to Western sanctions.The lawsuits were filed by St Petersburg-based RusChemAlliance, a joint venture 50% owned by Russian gas giant Gazpro

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