More in Financial News

• 

  Ozempic maker Novo Nordisk lowers growth outlook for its weight loss drugs as pricing pressures mount

  Novo Nordisk is currently locked in a bidding war with Pfizer for U.S. biotech...

• 

  California voters pass Prop 50 to redraw the state’s congressional maps, CBS News projects

  California voters have passed Proposition 50, CBS News projects, approving a measure backed by...

• 

  Democrats win big on Election Night in key races

  President Donald Trump said that the reason that Republicans lost big was because he...

• 

  SoftBank wipes out about $32 billion in market cap as Asian AI stocks slide on valuation jitters

  The frenzy around AI has sparked concerns that markets could be in the midst...