Market Movers: Alphabet Nears $4 Trillion, Novo Nordisk Soars on Drug Trial, UK Faces Tax Shifts

Key TakeawaysAlphabet (GOOGL) is on the cusp of reaching a $4 trillion market capitalization for the first time, driven by an AI-fueled rally that has seen its stock surge nearly 70% this year.Novo Nordisk (NVO) shares jumped 3.8% following positive updates from its Amycretin trial, which demonstrated up to 14.5% weight loss at 36 weeks and significantly reduced HBA(1c) levels in up to 89.1% of participants.The UK government is poised to introduce a tourist tax for English cities and reportedly plans to cut ...