Novo Shares Drop on Wegovy Sales Miss, Profit Forecast Cut | The Opening Trade 08/07

Bloomberg Television
Bloomberg Television
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Published 2024-08-07
Japanese stocks soar and the Yen slumps after dovish comments from the BOJ, as the central bank moves to calm market turmoil. Novo Nordisk bumps up its sales outlook thanks to blockbuster diabetes and weight-loss drugs, but an impairment charge weighs on bottom line guidance. Kamala Harris takes aim at key battleground states after picking Governor Tim Walz as running mate to take on Donald Trump. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Kriti Gupta.

Chapters:
00:00:00 - Intro
00:01:10 - The Agenda: Maersk, Novo Earnings, UK Riots, Harris Picks Walz for VP
00:19:51 - Goldman Sachs CEO Doesn't See Emergency Fed Rate Cut
00:24:06 - Maersk CEO on US Recession Possibility
00:36:39 - Siemens Energy Raises Targets Again
00:46:08 - European Open
01:06:15 - Novo Nordisk Cuts Profit Forecast
01:12:15 - Cyprus President Christodoulides on Emergency Evacuation Plan From Lebanon
01:26:05 - Puma Shares Fall
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