U.S. stock futures are pointing higher to end the week; U.S.-listed shares of Novo Nordisk (NVO) are falling after the pharma firm said CEO Lars Fruergaard Jørgensen is stepping down; Charter Communications (CHTR) shares are jumping after it agrees to buy cable rival Cox Communications in a deal that values the privately held firm at $34.5 billion; Applied Materials (AMAT) shares are sinking after it reported another drop in revenue from China; and Meta Platforms (META) reportedly is pushing back the launch of its "Behemoth" AI model. Here's what investors n🅺eed to know today.
1. US Stock Futures Point Higher to End Week
U.S. stock futures are pointing higher to end the week as investors await the latest consumer sentiment survey results. 澳洲幸运5开奖号码历史查询:S&P 500 futures are up by 0.3% as the benchmark index looks to extend its 澳洲幸运5开奖号码历史查询:four-session winning streak. 澳洲幸运5开奖号码历史查询:Dow Jones Industrial Average and Nasdaq futures are pointing higher by roughly similar percentages. Bitcoin (BTCUSD) is ⭕moving higher to trade at just ꦺunder $104,000, and oil futures also are rising. Gold futures and the 10-year Treasury yield are declining.
2. No✨vo Nordisk Stock Falls on News CEO Step♋ping Down
Pharmaceutical firm Novo Nordisk (NVO) announced that CEO Lars Fruergaard Jørgensen 澳洲幸运5开奖号码历史查询:will step down from the Danish maker of blockbuster weight-loss drugs 澳洲幸运5开奖号码历史查询:Ozempic and Wegovy. The company said it was in the process of searching for a replacement and that Jørgensen "will continue as CEO for a period to support a smooth transition to new leadership." The change comes days after the company posted mixed quarterly results and 澳洲幸运5开奖号码历史查询:lowered it🦩s 2025 revenue and profit outlook. U.S.-listed shares of Novo Nordisk, which are down 50% over the past year, are falling m𒀰ore than 5% in premarket trading.
3. Cha꧟rter Communications to Merge Wit🀅h Rival Cable Firm Cox
Charter Communications (CHTR) shares are surging nearly 7% after it agreed to 澳洲幸运5开奖号码历史查询:acquire rival cable 💟provider Cox ♋Communications in a deal that values the privately held firm at $34.5 billion. Charter CEO Chris Winfrey would retain his role atop the combined company, which would take on the Cox Communications name within a year of closing. Charter Communications shares are 22% higher this yea𒅌r entering Friday.
4. Meta Platforms Delaying Launch of 'Behemoth' AI Model, Report Says
Meta Platforms (META) reportedly is pushing back the launch of its "Behemoth" AI model amid concerns about whether 澳洲幸运5开奖号码历史查询:enough improvements have been made compared with previous versions. The Facebook parent had originally planned to roll out the new version of its large language model in April, in conjunction with its LlamaCon event for AI developers, The Wall Street Journal reported. Meta sꦓhares, up about 10% this year entering Fri⛎day, were flat in premarket trading.
5. Applied⛎ Materials Stock꧃ Sinks on Weak China Sales
Applied Materials (AMAT) shares are falling 5% in premarket trading after the semiconductor equipment maker 澳洲幸运5开奖号码历史查询:missed fiscal second-quarter rev🐻enue expectations on weak sales in China. The firm reported a 7% year-over-year revenue increase to $7.1 billion, below analysts' expectations. It was the 澳洲幸运5开奖号码历史查询:third straight quarter that the company's China sales fell from a year earlier.