Novo Nordisk just made a move that rattled Wall Street. The company slashed U.S. prices for Wegovy and warned investors that sales and profits could drop by as much as 13% this year. Shares plunged hard, wiping nearly $50 billion off its market value in a single trading session. CEO Mike Doustdar called the financial hit “painful but necessary,” framing it as an investment...
Category : Investment
Investment
Novo Nordisk just made a move that rattled Wall Street. The company slashed U.S. prices for Wegovy and warned investors that sales and profits could drop by as much as 13% this year. Shares plunged hard, wiping nearly $50 billion off its market value in a single trading session. CEO Mike Doustdar called the financial hit “painful but necessary,” framing it as an investment...
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Investment
AI spending is exploding, but profits are not. That gap is now impossible to ignore. According to recent executive surveys, almost nobody is seeing serious financial gains from AI. Less than 1% report a strong profit impact. Most see tiny improvements that barely move the needle. However, this is not a tech failure. The tools work, the models run, and the issue sits higher...