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The Marked Chart Wire · Business
Estee Lauder
The beauty giant outlined its long-term financial goals, projecting moderate yearly increases in core sales and significant boosts to adjusted profit per share through fiscal 2030.
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Estee Lauder
Estee Lauder reported fiscal first quarter adjusted earnings per share of $0.72, beating the $0.51 estimate. The company raised its full year 2027 adjusted EPS guidance to $3.20 to $3.45.
Novo Nordisk
Novo Nordisk has improved its financial outlook, citing sustained demand for its obesity treatments Wegovy and Ozempic.
Meta Bond Sale
Meta has started its debut euro bond sale after completing a $15 billion US debt deal.
Joby Aviation
Joby Aviation CEO JoeBen Bevirt stated that aircraft demand is higher than the company can currently build. The stock, which has fallen more than 66 percent, faces a production ramp test in its third-quarter earnings report scheduled for Wednesday.
AMD
Advanced Micro Devices booked a $1 billion quarterly expense related to warrants issued to OpenAI and Meta.
Novo Nordisk
Novo Nordisk shares climbed 6 percent after the company reported quarterly earnings that exceeded expectations. Sales of its Wegovy pill surpassed estimates, prompting the drugmaker to raise its outlook.
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