U.S. Stocks Movement | Novartis Pharmaceuticals rises over 3% pre-market as Q2 earnings beat expectations

格隆汇2026/07/21 08:14

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Golden Ten Data July 21st｜A certain exchange rose 3.77% in pre-market trading, closing at $155.2. In terms of news, the exchange announced second-quarter results that were better than market expectations. The strong performance of its new-generation anti-cancer drug offset the impact of generic drugs on its blockbuster heart medication Entresto, signaling the company's return to a growth trajectory. The financial report shows that in the second quarter, sales increased by 3% year-on-year to $14.408 billion, exceeding the expected $14.042 billion; core operating profit was $5.94 billion, surpassing the expected $5.34 billion; core earnings per share were $2.41, higher than the expected $2.13.

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OPEC's monthly report shows that Saudi Arabia's average daily crude oil production in October rose to 10.56 million barrels, just several hundred thousand barrels lower than the pre-war level in February and slightly above its quoted limit under the OPEC framework. Iraq's daily output in October also reached approximately 4.9 million barrels, a new high since the outbreak of war. Meanwhile, after the UAE exited OPEC and began competing in the market independently, both the UAE and Saudi Arabia recently slashed their official December cargo prices for Asian buyers, intensifying the competitive landscape.

华尔街见闻•2026/11/11 17:31