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Deutsche Bank Downgrades Novo Nordisk to Sell After 70% Stock Plunge

Deutsche Bank downgraded Novo Nordisk to sell on Thursday after the Ozempic maker's stock fell roughly 70% from its peak amid rising competition.

Bank of Korea Raises Rate to 3% in Second Straight Hike

The Bank of Korea raised its benchmark rate 25 basis points to 3.0% on Thursday, a second straight hike backed by a chip-led export boom.

Warsh Cuts Fed Statement to 130 Words, Drops All Rate-Cut Language

Fed Chair Kevin Warsh shortened the post-meeting statement to 130 words from 341, removing all mention of future rate cuts and hinting at higher-for-longer

Trump Demands FCC Punish NBC Host, Treasury Bars Reporters From G20

Trump called for FCC punishment of NBC host Kristen Welker on Sunday as the Treasury barred NYT, WSJ and Bloomberg reporters from G20 events.

Bessent Says U.S. Will Sanction Another Bank Over Iran Ties This Week

Treasury Secretary Scott Bessent said the U.S. will sanction another bank this week to clamp down on Iran transactions, ahead of G20 meetings in North Caro

NextChange Enters the Crowded Crypto Exchange Market With an Ambitious Trading and Payments Strategy

The emerging digital-asset platform is combining cryptocurrency trading, fiat services and a global payment card as it seeks to compete in an industry dominated by established exchanges.

FAA Proposes Seat Inspections on Hundreds of Boeing 737 MAX Jets Over Installation Flaw

The FAA has proposed inspections of 453 Boeing 737 MAX aircraft after finding improperly installed seats, adding to ongoing safety scrutiny of the model.

Hilton Raises Annual Revenue Forecast on Strong Luxury Hotel Demand

Hilton has raised its full-year revenue forecast, citing strong demand for luxury accommodations and rising hotel room rates across its global portfolio.

Boeing Reports Wider Second-Quarter Loss as Air Force One Charge Weighs on Results

Boeing reported a larger-than-expected second-quarter loss after taking a $280 million charge on its delayed Air Force One presidential aircraft program.

UPS Stock Rallies After Earnings Beat, Raised Outlook as Amazon Cuts Wind Down

UPS shares jumped after quarterly earnings beat estimates and the company raised its full-year revenue outlook as Amazon volume cuts and layoffs wound down

Cadence, Welltower Among Stocks Posting Biggest After-Hours Moves on Earnings

Cadence Design Systems, Welltower and Rambus were among the biggest movers in extended U.S. trading following fresh quarterly earnings reports.

Trump Praises Fed Chair Warsh While Pressing for World’s Lowest Interest Rates

President Trump praised Fed Chairman Kevin Warsh as 'fantastic' while pressing for the world's lowest interest rates and criticizing other Fed officials.

JetBlue Overhauls Fare Structure, Retiring Core Brand for Segmented Ticket Options

JetBlue is retiring its Core economy brand and introducing tiered fares from basic economy to first class as airlines lean into segmented pricing.

SanDisk’s $42 Billion Backlog Fuels Rally as Memory Stock Valuations Draw Scrutiny

SanDisk shares climbed on a reported $42 billion backlog as investors questioned whether memory stock valuations have outpaced fundamentals amid the AI boo

Oil Prices Slide as US-Iran Talks Fuel Hopes of Lasting De-escalation

Crude prices fell as Trump touted 'friendly talks' with Iran and Netanyahu arrived in Washington, raising hopes of ending the five-month conflict.

South Korea’s KOSPI and Wall Street Tech Grow Increasingly Intertwined as Chip Ties Deepen

South Korea's KOSPI has grown tightly correlated with the Nasdaq 100 as Samsung and SK Hynix ride surging AI memory-chip demand, raising volatility concern

Apple Overtakes Nvidia to Reclaim Title of World’s Most Valuable Company

Apple has surpassed Nvidia to become the world's most valuable company, ending the chipmaker's reign atop the market amid the AI boom.

Baker Hughes Beats Earnings as AI Power Demand Offsets Weaker 2026 Oilfield Spending

Baker Hughes topped earnings forecasts as AI data centre demand for power equipment offset a warning that oil and gas producers will cut spending in 2026.

Circle Shares Climb After Acquiring Blockchain Patents From IBM

Circle has acquired a portfolio of blockchain patents from IBM, boosting its shares and strengthening its intellectual property in the stablecoin sector.

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