Key TakeawaysAfter rising in premarket trading, Novo Nordisk's U.S.-listed shares fell after the market opened Wednesday as its third-quarter sales fell short of estimates despite continued growth form weight-loss drugs Ozempic and Wegovy.Sales rose 21% from the same time last year, but analysts had expected them to rise a bit higher.The Danish drugmaker also narrowed its full-year projections for revenue and operating profit. After rising in premarket trading, Novo Nordisk's (NVO) U.S.-listed shares fell a ...

KEY TAKEAWAYSShares of Tesla are jumping as much as 14% in premarket trading Wednesday on investor bets that the electric vehicle (EV) maker run by Elon Musk will be a major beneficiary of Donald Trump’s return to the presidency.Tesla CEO Musk, an outspoken Trump backer, is expected to become a prominent adviser to the president and has been constantly tweeting his support.Tesla's prospects under a Trump presidency are less clear-cut given Trump's pro-tariff stance that may hit China sales and less green-fo ...

Key TakeawaysNovo Nordisk's U.S.-listed shares rose Wednesday morning as third-quarter profits beat estimates and sales of Ozempic and Wegovy continued to grow.Sales rose 21% from the same time last year, but analysts had expected them to rise a bit higher.The Danish drugmaker also narrowed its full-year projections for revenue and operating profit. Novo Nordisk's (NVO) U.S.-listed shares rose Wednesday morning as it reported better third-quarter profits than expected, though sales of its drugs including po ...

Key TakeawaysShares of industrial technology and engineering company Emerson Electric popped higher Tuesday.The company reported better-than-expected quarterly sales and profit boosted by its Intelligent Devices segment.Emerson also announced plans to acquire the remaining stake in industrial software firm AspenTech. Emerson Electric (EMR) shares surged 7% on Tuesday, securing one of the top performances in the S&P 500, after the provider of automation equipment, industrial software, and engineering product ...

Core Insights - Wynn Resorts shares fell significantly after the company reported third-quarter results that missed profit and sales forecasts, primarily due to a slowdown in Las Vegas operations [1][2] - The company reported a third-quarter loss of $0.29 per share, with adjusted earnings of $0.90 per share, both below analysts' expectations. Revenue increased by 1.3% year-over-year to $1.69 billion, but still fell short of forecasts [1][2] Financial Performance - Las Vegas operating revenue declined by 1.9% to $607.2 million, while adjusted EBITDAR dropped by 7.7% to $202.7 million [2] - Mixed results were observed in Macau, with operating revenue increasing by 19.3% at Wynn Macau, but declining by 1% at Wynn Palace. Encore Boston Harbor saw a 1.8% increase in revenue [2] Investments and Future Outlook - The company invested $18.2 million in a joint venture under construction in the UAE, which is expected to become a significant tourism destination according to CEO Craig Billings [2] - Wynn Resorts shares experienced a nearly 10% drop in trading and have lost over 5% of their value since the beginning of the year [2]

Key TakeawaysArcher-Daniels-Midland said it will again restate results as it has discovered more concerns about its accounting practices. The company also canceled a conference call with analysts after releasing a preliminary third quarter earnings report that showed profit well below estimates.CEO Juan Luciano blamed softer than anticipated market conditions and the speed of ADM's improvement efforts. Shares in Archer-Daniels-Midland (ADM) sank as the maker of agricultural commodities canceled an earnings ...

Key TakeawaysTaco Bell sales help offset weakness in other Yum! Brands franchises, boosting shares of the company.Same-store sales at Taco Bell advanced 4%, while they dropped 4% at KFC and Pizza Hut.CEO David Gibbs said the fast-food restaurant chain's results were impacted by geopolitical conflicts and a weak consumer environment. Shares of Yum! Brands (YUM) advanced as the restaurant chain operator got a boost from its Taco Bell franchise. In the third quarter, Taco Bell same-store sales rose 4%. That h ...

Key TakeawaysNvidia shares rose Tuesday, pushing the chipmaker back into the top spot on the list of the world's most valuable companies by market capitalization, ahead of Apple.Nvidia, Apple, and Microsoft have battled for the title this year as the only three companies with a market capitalization over $3 trillion.Demand for Nvidia's chips to power artificial intelligence technology has surged, sending Nvidia's revenue and stock price to record highs this year. Nvidia (NVDA) shares rose Tuesday, pushing t ...

Key TakeawaysBoeing's machinists union voted to approve a third contract agreement, ending a crippling strike at the plane maker that has lasted nearly two months.Members of the International Association of Machinists accepted an offer that included 38% pay increases, along with a ratification bonus that workers can elect to use as part of their retirement savings. Boeing’s latest proposal received the support of 59% of the votes cast by union members. Boeing's (BA) machinists union voted to approve a third ...

Key TakeawaysBoeing's shares are rising in premarket trading Tuesday, after a union voted to approve a third contract agreement—ending a strike at the plane maker that has lasted nearly two months.Members of the International Association of Machinists accepted an offer that included 38% pay increases, along with a ratification bonus that workers can elect to use as part of their retirement savings. Boeing’s latest proposal received the support of 59% of the votes cast by union members. Boeing's (BA) shares ...