ADVFN US – Market Content Editor

Shares of Lightwave Logic (NASDAQ:LWLG) jumped as much as 30% in premarket trading on Thursday after the company announced a development agreement with Tower Semiconductor focused on advancing high-speed optical modulator technology. Under the partnership, Tower and Lightwave Logic will work together to integrate Lightwave Logic’s compact, energy-efficient modulator reference designs—targeting bandwidths of 110GHz and…

Shares of Hims & Hers Health (NYSE:HIMS) climbed as much as 7.2% in premarket trading on Thursday, building on a 10% surge recorded during Wednesday’s session. The stock is now on track to post gains for a fourth consecutive day. By the close of trading on Wednesday, the company’s shares had already surged about 64%…

Eli Lilly (NYSE:LLY) said compounded weight-loss treatments that combine vitamin B12 with the active ingredient used in its Zepbound drug may pose health risks because of a newly identified impurity formed during preparation, according to a public letter released by the U.S. pharmaceutical company on Thursday. The letter, based on Lilly’s testing of compounded products,…

Tesla (NASDAQ:TSLA), the company led by Elon Musk, has been cleared to begin supplying electricity directly to households in the United Kingdom after receiving approval from the country’s energy regulator on Thursday. The move introduces a new competitor to the market at a time when consumers are increasingly concerned about rising energy bills. Regulator Ofgem…

Petco Health and Wellness Company (NASDAQ:WOOF) reported a quarterly loss and declining sales for the fourth quarter, while projecting only modest revenue growth for the year ahead. Despite the weaker earnings performance, the company’s shares surged about 16% in premarket trading after its adjusted EBITDA outlook came in above analyst expectations. The pet retailer posted…

Oil prices climbed sharply early Thursday, briefly pushing back above the key $100-per-barrel threshold as fresh signs of disruption in energy markets emerged amid the ongoing U.S.-Israel conflict with Iran. Although crude later gave up part of its gains following continued discussion about emergency stockpile releases by major economies, prices still remained firmly higher on…

Gold prices moved lower during Asian trading on Thursday, dropping back into the range that has held for more than a week as the ongoing U.S.-Israel conflict with Iran continued to support oil prices and the U.S. dollar. Although bullion remained largely confined between $5,000 and $5,200 per ounce, it continued to show some resilience…