On this episode of Stock Movers:
-Palantir (PLRT) shares rise following a revenue forecast for fiscal 2026 that significantly exceeded Wall Street expectations, a boost for the data analytics company after its shares have gotten off to a lackluster start so far this year.
-Novo Nordisk (NVO) shares fall after the drug company said its sales will drop this year as its blockbusters Ozempic and Wegovy face ever-tougher competition and the company gets hit by the US government’s push to cut drug prices.
-NXPI Semiconductors (NXPI) falls after the chipmaker reported slightly slower growth in the automotive market than anticipated last quarter as the company pursues a comeback.
-FedEx (FDX) shares extended a record run after two Wall Street analysts raised their calls to the equivalent of a buy, saying the shipping giant will benefit from efforts to boost its European business and a solid economic backdrop.
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