ADVFN US – Market Content Editor

Shares of Novo Nordisk A/S (NYSE:NVO) gained 2.8% in premarket trading on Monday after the European Medicines Agency (EMA) authorized an update to the Rybelsus label, highlighting cardiovascular benefits for adults with type 2 diabetes. The revised labeling for oral semaglutide (Rybelsus) is based on findings from the SOUL clinical trial, which demonstrated that the…

President Donald Trump has suggested altering the U.S. corporate reporting schedule, advocating a shift from quarterly to semi-annual filings. He argued the change could save money and allow company leaders to focus more on operations. In a post on his Truth Social account, Trump wrote, “Companies and Corporations should no longer be forced to ’Report’…

U.S. equities trading near historic peaks signal that investors believe weakness in the labor market may prove fleeting, Goldman Sachs analysts said Monday. In a client note, the bank pointed out that stocks have continued to climb even as several recent data releases suggest the American job market is softening and overall growth could be…

Monte Rosa Therapeutics (NASDAQ:GLUE) shares surged in premarket trading Monday, climbing 65.3% to $7.94 after the biotech firm announced a new collaboration with Novartis (NYSE:NVS) to develop molecular glue degraders (MGDs) targeting immune-mediated diseases. The Boston-based company said Novartis will gain an exclusive license to one undisclosed discovery target and hold options to license two…

Shares of VF Corporation (NYSE:VFC) edged higher Monday after the company said it has signed a definitive agreement to divest its Dickies brand to Bluestar Alliance in an all-cash deal worth $600 million. The transaction, expected to close before the end of 2025, will allow VF to bring down its debt load and should boost…

Alaska Air (NYSE:ALK) cautioned on Monday that its third-quarter adjusted profit will likely come in at the lower end of its previously forecast range of $1.00 to $1.40 per share, citing elevated fuel costs and ongoing operational headwinds during the busy summer season. In a filing, the airline explained that refining margins on the U.S.…

Envirotech Vehicles, Inc. (NASDAQ:EVTV) surged 60% on Monday following the unveiling of what the company says is the first U.S.-made drone capable of carrying 1,500 pounds, with applications in both agriculture and firefighting. The advanced transportation and defense technology firm said the new model can deliver payloads of up to 1,500 pounds — a figure…

Shares of Hims & Hers (NYSE:HIMS) moved lower in premarket trading on Monday, following comments from U.S. Food and Drug Administration (FDA) Commissioner Martin Makary, who said the company’s Super Bowl advertisement broke federal rules by promoting weight-loss treatments without mentioning potential risks. By 06:55 ET (10:55 GMT), the stock was down 2.8%. In an…

Tesla (NASDAQ:TSLA) surged in premarket trading Monday, climbing about 6%, after CEO Elon Musk revealed he had scooped up nearly $1 billion worth of the company’s shares on the open market. Regulatory filings show Musk acquired 2.57 million Tesla shares on September 12, paying between $372.37 and $396.54 per share. The buying spree has pushed…

Semiconductor stocks tied to the auto and industrial sectors fell sharply on Monday after China announced fresh investigations into the U.S. chip industry, coinciding with ongoing trade negotiations between Washington and Beijing in Madrid. Texas Instruments (NASDAQ:TXN) dropped 3.1%, ON Semiconductor (NASDAQ:ON) lost 2%, NXP Semiconductors (NASDAQ:NXPI) declined 3.5%, and Analog Devices (NASDAQ:ADI) slipped 3%.…