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Novo Nordisk’s weight-loss drug sales are slumping so much that the entire nation of Denmark could see an export slowdown

Sales of Novo Nordisk’s obesity drugs have slowed to the point that the company’s home country, Denmark, sees an export slowdown on the horizon.

The Danish Economic Councils, the country’s economic watchdog, released a report on Tuesday saying Danish exports will grow less than expected, in part because of Novo’s recent sales slump paired with its efforts to offshore production away from its home country. Novo is the second-largest company in Europe and plays an outsized role in Denmark’s economy.

Novo’s sales of its blockbuster diabetes and weight-loss drugs, Ozempic and Wegovy, have dropped amid fierce competition from newer drugs. That slowdown has weighed on its stock price, which led the company to oust its CEO.

Novo’s sales of its blockbuster diabetes and weight-loss drugs, Ozempic and Wegovy, have dropped amid fierce competition from newer drugs. That slowdown has weighed on its stock price, which led the company to oust its CEO.

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Reddit alien stock exchange

Reddit’s advertising business is getting bigger. It’s already booming.

The platform will plow more money into its ad offerings as it cements itself as a “trove of human intelligence.”

Tom Jones6/22/26
world

Solar generated more power than coal for the first time in US history

At the same time that the Trump administration is pushing further toward coal power, announcing plans only last week to invest almost $700 million into reviving the industry, a key renewable energy source has just hit a major milestone in the US.

New data from energy think tank Ember, released Wednesday, shows that solar supplied 12.8% of US energy generation in May — marking not only the highest share ever recorded for the clean energy source, but also the first time that solar has generated more monthly energy than coal in the US, which supplied 12.2%.

Coal vs Solar May 2026
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