Alphabet Falls, Qualcomm Drops, Novo Nordisk Falls on Hims & Hers Report

On this episode of Stock Movers:- Alphabet (GOOGL) falls after the Google parent forecast full year 2026 capital expenditures of up to $185 billion, far exceeding consensus estimates. Analysts said the jump in spending may concern some investors, while others said it underscored the company’s confidence with AI.- Qualcomm (QCOM) shares drop. Qualcomm gave a lackluster revenue forecast for the current period, citing concern that component shortages will hurt consumer demand by driving prices up.- Novo Nordisk (NVO) shares fall. This came after a report that Hims & Hers Health Inc. will begin offering a version of its new weight loss pill at a lower price. The telehealth firm will offer a copycat version of the drug starting at $49 a month through a subscription program.See omnystudio.com/listener for privacy information.