ADVFN US – Market Content Editor

Novo Nordisk (NYSE:NVO) has asked a U.S. court to issue a preliminary injunction that would immediately block a series of weight-loss and diabetes drug advertisements from Eli Lilly (NYSE:LLY), intensifying the legal dispute between the two pharmaceutical companies. The latest filing marks a further escalation in the battle between the rivals as competition in the…

Deckers Brands (NYSE:DECK) shares slipped 3.5% in premarket trading on Friday despite the footwear company reporting record first-quarter revenue, beating earnings expectations and raising its full-year profit outlook. Investors appeared to focus instead on the company’s unchanged revenue guidance, which came in slightly below Wall Street forecasts and tempered enthusiasm following the otherwise strong quarterly…

Tenet Healthcare (NYSE:THC) shares climbed 14.6% in premarket trading on Friday after the healthcare provider delivered stronger-than-expected second-quarter results and significantly increased its full-year outlook, reinforcing investor confidence despite recent concerns surrounding the hospital sector. The Dallas-based operator outperformed Wall Street expectations on both earnings and revenue, prompting a sharp positive reaction from the market.…

Gold prices edged lower on Friday, although the precious metal remained on track to post its first weekly gain in three weeks as geopolitical uncertainty continued to support demand despite expectations that U.S. interest rates could remain elevated for longer. At 02:14 ET (06:14 GMT), spot gold (XAU/USD) declined 0.5% to $4,030.55 per ounce, while…

Oil prices eased on Friday but remained firmly on track for significant weekly advances as investors continued to monitor growing geopolitical risks in the Middle East and the potential for further disruptions to global energy supplies. Both Brent and U.S. West Texas Intermediate (WTI) crude were set to record substantial weekly gains despite profit-taking following…