Here’s why the Novo Nordisk stock has crashed by 70%

Here’s why the Novo Nordisk stock has crashed by 70%

Novo Nordisk stock price has suffered a harsh reversal this year as the company’s woes have escalated. It plunged to a low of DKK 267.50 on Monday, down by over 70% from its highest point in 2024, with its market cap falling to DKK 4.64 trillion to DKK 1.24 trillion today.  Why Novo Nordisk stock […]

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 US stocks open in the green: S&P 500 climbs 0.8%, Nasdaq up 1%

US stocks open in the green: S&P 500 climbs 0.8%, Nasdaq up 1%

USs stocks rose on Monday, with Alphabet driving a broader rebound as the market attempted to stabilise after a sharp November decline driven by fading enthusiasm for artificial intelligence stocks. Major indices gained ground heading into the Thanksgiving holiday week, though volatility remains a concern given thinning trading volumes and persistent questions around elevated valuations. […]

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 Bitcoin and other crypto assets sink in flight from risk

Bitcoin and other crypto assets sink in flight from risk

Bitcoin and ether slumped to multi-month lows on Friday, with cryptocurrencies swept up in a broader flight from riskier assets as investors worried about lofty tech valuations and bets on near-term U.S. interest rate cuts faded. Bitcoin, the world’s largest cryptocurrency, fell 5.5% to a seven-month low of $81,668. Ether slid more than 6% to […]

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