News

Novo Nordisk (NYSE:NVO) is considering acquisitions to strengthen its weight-loss drug pipeline and expand into related therapeutic areas as competition increases, Chief Executive Mike Doustdar said on Tuesday. Speaking to CNBC’s Squawk Box Europe, Doustdar said the Danish pharmaceutical company was examining opportunities to address gaps in its portfolio, including acquiring medicines that could complement or outperform treatments developed internally.

Sept 22 (Reuters) - The combination of a buzzy reception for Meta's new AI assistant Muse and softer oil prices was enough to give stocks a lift to start the week, with Mark Zuckerberg's firm surging more than 11% on demand for its new agent ‌on Monday. The broader AI stock universe, which has been wavering all month over apocalyptic AI disaster warnings, lapped it up too.

Investing.com - The Nasdaq 100 posted its best session since early August on Monday, surging 2.8% to a record close as investors concluded that AI-driven earnings growth has made the Federal Reserve's latest rate hike a secondary concern.

By Aditya Soni and Kenneth Li SAN FRANCISCO/NEW YORK, Sept 22 (Reuters) - Companies betting AI devices will usher in a post-smartphone era are fueling privacy fears around the globe that could slow

By Gertrude Chavez-Dreyfuss NEW YORK, Sept 22 (Reuters) - The market for highly rated corporate credit has split in two: bonds issued by AI-related firms are being met with caution, while those sold

The approval gives physicians an alternative to uncoated balloons and Boston Scientific’s paclitaxel-coated device.

Why Muse is the new darling of Meta investors.

Nasdaq futures were flat after a global rally in AI-linked stocks stalled in European trade, and oil prices reversed course to fall on rising hopes for a diplomatic settlement to reopen Hormuz.

US stock futures were little changed on Tuesday following a rally in technology shares during the previous session. Investors were monitoring President Donald Trump’s upcoming address to the United Nations, comments from a Federal Reserve official on interest rates and the launch of a new artificial intelligence chip by Alibaba.

AMD CEO Lisu Su has been crushing it at a chip company that almost went bust when she walked in the door as a top executive in 2012.

These companies depend on consumer spending.

Nvidia Corp.’s sinking stock valuation is sending a warning signal about the chipmaker’s prospects for maintaining its booming profit growth.

The Federal Reserve’s recent rate hike has pushed bond yields higher, so investors now face better income from cash and bonds but more uncertainty over what to own next. That shift can leave strong, cash rich businesses trading at modest valuations as attention swings to fixed income. This article highlights three such quality stocks that still appear overlooked on our value screen. The stocks highlighted below are just a starting sample, as the same process surfaced 27 more businesses with...

By Amanda Cooper LONDON, Sept 22 (Reuters) - Technology shares got a boost from a resurgence of optimism over AI on Tuesday, while the broader equity market struggled to make much headway as oil rose

Kevin Warsh introduced a new element to the Federal Open Market Committee’s (FOMC) fight against inflation.

$192 billion Meta Platforms added this much to its market value on Monday after the release of a new AI agent helped the stock mark its largest one-day percentage gain in more than a year. Read more on the big day for tech stocks here.

Tuesday Fed speakers: Vice Chair Philip Jefferson, New York Fed President John Williams, Richmond Fed President Thomas Barkin. Meetings: U.N. general debate opens Economic data: Richmond Fed business activity survey, Johnson Redbook retail sales, money stock measures, ADP weekly employment report Earnings: AutoZone (a.

Alibaba has rolled out its most powerful chip yet, doubling down on its bid to control the software and hardware that power its artificial-intelligence ambitions.

Alibaba has rolled out its most powerful chip yet, doubling down on its bid to control the software and hardware that power its artificial-intelligence ambitions.

Anna Edwards, Guy Johnson and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."

IonQ looks primed to skyrocket in the next few years.

Max Neukirchen, Global Co-Head of Payments at JPMorgan, discusses the business opportunities in India's merchant payments sector. He speaks with Menaka Doshi at the sidelines of the JPMorgan India Conference in Mumbai.

<p>The Fed's rate hike capped a shift that's been building for months.</p>

WHATS NEWS BUSINESS FINANCE Paramount reached a settlement with state attorneys general that clears the way for its $81 billion merger with Warner Bros. Discovery that is poised to reshape Hollywood. Investors bid up the price of Meta Platform’s shares, setting the tone for Monday’s session, which saw the S&P 500, Nasdaq and Dow rise 1.

Asian shares mostly rose early Tuesday, as the market mood turned positive from the overnight rally on Wall Street. Hong Kong's Hang Seng gained nearly 0.6% to 25,185.26, while the Shanghai Composite rose 0.4% to 3,964.45. Wall Street climbed to the edge of its all-time high Monday.

Tencent Holdings Ltd. launched its latest and best image-generation model on the same day as rival Alibaba Group Holding Ltd. kicked off its AI conference, signaling intent to catch up to industry leaders like ByteDance Ltd.

A private meeting with Amgen management left Morgan Stanley with a very different read than the broader market’s.

BEIJING, Sept 22 (Reuters) - Alibaba Group plans to train a new artificial intelligence model with 5 trillion to 10 trillion parameters, Chief Executive Eddie Wu said on Tuesday, as the Chinese

Sandisk’s AI surge has created a very different problem

Alibaba Group Holding Ltd. is rolling out what it calls China’s most powerful AI chip, an accelerator to compete with Nvidia Corp. and underpin a massive expansion of data center capacity in coming years.