Life sciences company Bio-Techne (NASDAQ:TECH) reported Q4 CY2024 results topping the market’s revenue expectations, with sales up 9% year on year to $297 million. Its non-GAAP profit of $0.42 per share was 9.3% above analysts’ consensus estimates.
Novo Nordisk's U.S.-listed shares are rising 4% in premarket trading after the Ozempic and Wegovy maker's better-than-estimated quarterly results offset slower 2025 sales growth projections amid "intensifying competition."
Corporate earnings and economic data continue to support the path higher for stocks in 2025.
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(Bloomberg) -- Copper held this week’s gains in London, with investors weighing the impact of the US-China trade war. Chinese markets reopened following the Lunar New Year break.Most Read from BloombergState Farm Seeks Emergency California Rate Hike After FiresTransportation Memos Favor Places With Higher Birth and Marriage RatesNYC’s Newest Transit Leader Builds a Worker-Driven StrategyNew York’s First ‘Passive House’ School Is a Model of Downtown DensityWhen French Communists Went on a Brutali
SHANGHAI/HONG KONG (Reuters) -China's stocks and currency came under pressure as markets returning from a week-long break were greeted by a new trade dispute with the United States and ructions in the global artificial intelligence sector. Tariffs so far have been less than what the Trump administration had initially indicated and relief was evident in Hong Kong, where Chinese stocks rallied this week. Meanwhile, enthusiasm around China's artificial intelligence company DeepSeek bolstered AI stocks.
(Bloomberg) -- Chinese stocks fell as investors responded to heightened trade tensions upon their return from a week-long holiday.Most Read from BloombergState Farm Seeks Emergency California Rate Hike After FiresTransportation Memos Favor Places With Higher Birth and Marriage RatesNYC’s Newest Transit Leader Builds a Worker-Driven StrategyNew York’s First ‘Passive House’ School Is a Model of Downtown DensityWhen French Communists Went on a Brutalist Building BoomThe CSI 300 Index dropped 0.6% o
AMD shares fell by nearly 9% in after-hours trading, but the chipmaker is talking up a strong second half to 2025.
SYDNEY/SEOUL (Reuters) -Shares of a small Japanese technology firm shot up nearly 60% on its first day of trade on Wednesday, while Seoul's largest initial public offering (IPO) in three years tanked almost 10% as volatility driven by geopolitics again gripped Asia's equity markets. South Korea's LG CNS shares dropped from opening bell and traded in negative territory for the session, failing to arrest the recent trend of weak debuts for the Seoul market. Shares of Next Generation Technology - the first IPO debut of 2025 in Tokyo - traded 58% higher before paring some gains across the day.
British investors yanked a net 640 million pounds ($799 million) from equity funds in January, ending a long run of inflows, as UK-focused funds suffered their sixth-biggest monthly net withdrawals on record, funds network Calastone said on Wednesday. After a wave of bullish sentiment in late 2024 when investors poured money into equity, bond and mixed asset funds, Calastone said UK investors started 2025 "in a more pessimistic mood." UK-focused funds lost 1.07 billion pounds of cash, despite British shares hitting record highs, Calastone said.