Novo Nordisk Stakeholder Reports $9 Billion In Income Due To Robust Weight Loss Drug Sales

Novo Holdings, the controlling shareholder of weight loss drugmaker Novo Nordisk A/S (NYSE:NVO), reported Wednesday income and investment returns of 60 billion Danish kroner (around $8.68 billion) for 2024. Novo Holdings owns 28.1% shares in Novo Nordisk. Dividends and the share repurchase programs of the Novo Group companies (Novo Nordisk and Novonesis) totaled 23 billion Danish […]

Tesla To $345? Here Are 10 Top Analyst Forecasts For Friday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page. Morgan Stanley cut Arm Holdings plc (NASDAQ:ARM) price target from $175 to $150. Morgan Stanley analyst Lee Simpson maintained an Overweight rating. Arm Holdings shares […]

Here’s How Much You Would Have Made Owning Schlumberger Stock In The Last 5 Years

Schlumberger (NYSE:SLB) has outperformed the market over the past 5 years by 8.68% on an annualized basis producing an average annual return of 25.91%. Currently, Schlumberger has a market capitalization of $58.05 billion. Buying $100 In SLB: If an investor had bought $100 of SLB stock 5 years ago, it would be worth $321.42 today […]

Tech Sector To See Major Impact From Tariffs

Gene Munster, managing partner at Deepwater Asset Management, has expressed concern over the potential impact of new tariffs on the tech sector, particularly on “Mag Seven” stocks. What Happened: Speaking to CNBC on Monday, Munster noted that most of the “Mag Seven” tech stocks have been on a downward trend this year, with Meta being the only exception. He anticipates […]

Tether Is Now ‘Too Big To Fail,’ Says Anthony Pompliano: Here’s Why

Anthony Pompliano said on his show this week that Tether (CRYPTO: USDT), the world’s largest stablecoin issuer, has become “too big to fail” due to its expanding role in the U.S. financial system. What Happened: Addressing his followers on X, Pompliano emphasized that Tether’s growing demand for U.S. Treasuries has positioned it as a critical […]

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Top 3 Real Estate Stocks That May Plunge In Q1

January 27, 2025

As of Jan. 27, 2025, three stocks in the real estate sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions. The RSI is a momentum indicator, which compares a stock’s strength on days when prices go up to its strength on days when prices […]
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