Category: Top Story

Novo Nordisk (NYSE:NVO) announced a corporate rebranding initiative under which it will use “Novo” as its everyday operating name while retaining Novo Nordisk A/S as its legal global company name. The pharmaceutical company also introduced a new tagline, “Lasting Health Starts Now,” alongside a cultural framework called “The Novo Way.” The updated visual identity will…

Micron Technology (NASDAQ:MU) shares fell 5.2% in pre-market trading on Monday to $924.90 as semiconductor stocks declined amid renewed debate over the pace of artificial intelligence development and broader market concerns. The shares were trading approximately 26% below their 52-week high of $1,255. Investors are also awaiting Micron’s fiscal fourth-quarter results, scheduled for September 30,…

Broadcom (NASDAQ:AVGO) shares fell 3.2% in pre-market trading on Monday to $350.48 as semiconductor stocks declined following calls from technology executives for a slower pace of advanced artificial intelligence development. The decline came as investors assessed the potential implications of a change in the pace of AI development for semiconductor companies with exposure to data-centre…

Adobe (NASDAQ:ADBE) shares rose 2.2% in pre-market trading as investors continued to assess the software company’s fiscal third-quarter 2026 results and updated full-year guidance. Adobe reported record quarterly revenue and earnings above consensus estimates. The company also raised its forecasts for full-year revenue and adjusted earnings per share. The shares remained below their 52-week high…

Intel Corporation (NASDAQ:INTC) shares fell 6.4% in pre-market trading on Monday as semiconductor and AI-linked stocks declined following comments from technology executives about the pace of advanced artificial intelligence development. Anthropic CEO Dario Amodei published an essay over the weekend calling for a coordinated slowdown in frontier AI development, arguing that AI capabilities were progressing…

Early delivery lead times for Apple (NASDAQ:AAPL)’s iPhone 18 Pro and Pro Max are generally shorter than those recorded during last year’s iPhone 17 launch, according to JPMorgan, which said the data could partly reflect consumers waiting for Apple’s planned foldable device. Apple announced the iPhone 18 series on September 9, with pre-orders for the…

Dell Technologies (NYSE:DELL) shares rose 11.98% on Friday to close at a record $567.29 after RBC Capital Markets initiated coverage of the company with an outperform rating. RBC set a price target of $640 for Dell, citing the company’s server order backlog and demand for infrastructure designed for artificial intelligence workloads. The stock’s Friday advance…

HSBC raised its year-end 2026 target for the S&P 500 to 8,100 from 7,650, citing corporate earnings that have exceeded its previous expectations. Strategist Nicole Inui said the revision was driven mainly by earnings. First-half 2026 earnings-per-share growth was close to 40%, while HSBC expects growth of more than 25% during the second half. The…