
Novo Nordisk CEO to step down, citing market challenges
CNBC's Angelica Peebles joins 'Squawk on the Street' to discuss a new leadership shakeup at drug-maker Novo Nordisk.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


CNBC
27 minutes ago
- CNBC
Palantir CEO Karp says AI is dangerous and 'either we win or China will win'
Palantir CEO Alex Karp said the artificial intelligence arms race between the U.S. and China will culminate in one country coming out on top. "My general bias on AI is it is dangerous," Karp told CNBC's "Squawk on the Street" on Thursday. "There are positive and negative consequences, and either we win or China will win." Karp has been a vocal advocate for U.S AI dominance. He told CNBC in January that the country needs to "run harder, run faster" in an "all-country effort" to develop more advanced AI models. In a recent letter to shareholders, he also touted Palantir's commitment to equipping and enhancing U.S. defense interests. The billionaire tech CEO said Thursday that the U.S. currently has a leg up in the AI race and Palantir is leading the way in making companies more secure and efficient with its tools. "There is no economy in the world with this kind of corporate leadership which is willing to pivot, which understands technologies, which is willing to look at new things, but also has deep domain expertise," he said. "Our allies in the West, in Europe, are going to have to learn from us." Shares of the Denver-based data analytics and AI software firm outperformed in 2024 and have continued their ascent in 2025 as investors bet on their software and work with key government contractors and agencies. The stock is up 74% this year, but investors have to shell out on a higher earnings multiple than its tech peers. "You don't like the price, exit," Karp said on Thursday in response. Karp also asserted that the company is "not surveilling Americans" in response to recent New York Times report that Palantir is helping the Trump administration gather data on Americans.


CNBC
an hour ago
- CNBC
Alex Karp on Teletracking partnership: Using our platform to invest in scale
Alex Karp, Palantir CEO, and Chris Johnson, Teletracking co-CEO, joins 'Squawk on the Street' to discuss if Palantir's business can sustain its growth, Teletracking's business in light of its recent partnership and much more.


CNBC
an hour ago
- CNBC
Melius on Broadcom earnings: We see good things coming
Ben Reitzes, Melius Research head of technology research, joins 'Squawk on the Street' to discuss what to expect from Broadcom's quarterly earnings results.