ADVFN US – Market Content Editor
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Novo Nordisk Semaglutide Trial Shows 40.4% of Children Moved Below Obesity BMI Threshold
Novo Nordisk (NYSE:NVO) said on Monday that 40.4% of children with obesity who received once-weekly semaglutide in its phase 3 STEP Young trial achieved a body mass index below the obesity threshold after 68 weeks. The study enrolled 165 children aged 6 to under 12 with obesity. Participants received either semaglutide or placebo alongside lifestyle…
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Five Market Events to Watch This Week: U.S. Inflation, ECB Rates, Iran and Earnings
U.S. inflation figures, the European Central Bank’s interest-rate decision and developments in the Iran conflict are among the main events for markets this week, alongside earnings reports from Oracle (NYSE:ORCL) and Adobe (NASDAQ:ADBE). The U.S. trading week will be shortened by Monday’s holiday. Investors will then turn to economic data and central bank policy, with…
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Novartis Shares Fall After Pelacarsen Misses Primary Goal in Late-Stage Heart Trial
Novartis AG (NYSE:NVS) shares fell more than 3% on Monday after the drugmaker said its experimental cardiovascular treatment pelacarsen did not meet the primary endpoint of a late-stage clinical trial. The company said on Friday that the Lp(a)HORIZON trial, which enrolled more than 8,000 patients with elevated levels of lipoprotein(a), or Lp(a), did not demonstrate…
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At Least Five Killed in Amazon Prime Air Cargo Plane Crash at Miami Airport
At least five people were killed after an Amazon (NASDAQ:AMZN) Prime Air cargo aircraft overran a runway while landing at Miami International Airport on Sunday and struck several vehicles, according to local officials. Prime Air Flight 7598 overran the airport’s diagonal runway shortly before 2 p.m. EDT (1800 GMT), officials said at a news conference.…
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Nvidia CEO Jensen Huang Says ‘AGI Has Arrived’ Following OpenAI GPT-6 Astra Launch
Nvidia (NASDAQ:NVDA) Chief Executive Jensen Huang said artificial general intelligence has arrived, pointing to OpenAI’s GPT-6 Astra as a milestone in the development of artificial intelligence systems. “AGI has arrived,” Huang wrote in a post on X on Sunday, congratulating OpenAI on the launch of Astra. OpenAI has described Astra as its most intelligent and…
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Gold Falls Below $4,400 as U.S. Jobs Data Keeps Fed Rate Hike Expectations Elevated
Gold prices fell below $4,400 an ounce on Monday as stronger-than-expected U.S. employment data kept expectations for a Federal Reserve interest-rate increase elevated, while investors looked ahead to inflation figures due later this week. At 02:34 ET (06:34 GMT), spot gold fell 0.8% to $4,396.29 an ounce, while gold futures declined 0.8% to $4,441.85. Silver…
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Oil Prices Trade Near Six-Week Highs as U.S.-Iran Attacks Keep Hormuz Flows in Focus
Oil prices traded close to six-week highs on Monday as further attacks involving the United States and Iran kept attention on crude shipments through the Strait of Hormuz and other Middle Eastern shipping routes. Brent crude futures were down 9 cents, or 0.1%, at $96.19 a barrel at 0822 GMT, after reaching $97.93 earlier in…
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Oil Rises on U.S.-Iran Strikes as Markets Await U.S. Inflation Data: Dow Jones, S&P, Nasdaq, Wall Street Futures
Oil prices rose on Monday after further military exchanges between the United States and Iran increased attention on shipping through the Strait of Hormuz, while investors looked ahead to U.S. inflation data later this week. U.S. stock markets were due to remain closed for a holiday, leaving investors focused on geopolitical developments and upcoming economic…
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Citi and ANZ raise Brent crude forecasts amid Middle East supply disruptions
Citi and ANZ have raised their Brent crude oil price forecasts as disruptions to Middle East supplies continue to affect the global oil market. Citi increased its third-quarter 2026 Brent forecast to $86 per barrel. The bank described the current situation, including a U.S. blockade of Iran and reduced oil flows through the Strait of…
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Evercore expects softer third-quarter investment banking and trading guidance
Evercore said third-quarter capital markets indicators are tracking below expectations, with the firm anticipating investment banking and trading guidance from banks to come in below consensus estimates. In its August 2026 Capital Markets Monthly report, Evercore said investment banking volumes declined 6% year over year in July as lower debt capital markets activity offset increases…