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Microsoft stock slumps more than 6% on disappointing revenue outlook newsthirst.

Satya Nadella, CEO of Microsoft, speaking on CNBC’s “Squawk Box” outside the World Economic Forum in Davos, Switzerland, on Jan. 22, 2025. Gerry Miller | CNBC Microsoft shares dropped more than 6% after issuing weak current-quarter guidance after the bell Wednesday. The software giant topped Wall Street’s fiscal second-quarter estimates, posting earnings of $3.23 per…

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Novo Nordisk shares plunge 20% after disappointing trial results; Lilly jumps newsthirst.

Boxes of Ozempic and Wegovy made by Novo Nordisk are seen at a pharmacy. Hollie Adams | Reuters Shares of Danish pharmaceutical giant Novo Nordisk plummeted roughly 20% on Friday after reporting results in a late-stage trial for its experimental CagriSema weight loss drug that missed expectations. The maker of the wildly popular Wegovy obesity…

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