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Eli Lilly easily tops quarterly estimates, raises outlook as Zepbound and Mounjaro sales surge
Eli Lilly now expects 2026 revenue to come in between $85 billion and $87 billion, up from previous guidance of $82 billion to $85 billion.
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CVS blows past estimates, hikes guidance as insurance unit continues to improve
CVS also announced a new collaboration with Eli Lilly that will make Zepbound and Foundayo accessible to eligible patients on the CVS Health app.
SpaceX shares sink after first earnings report reveals huge AI spending plans
Elon Musk told investors that people were "underestimating" his company.
AMD sinks 5% despite earnings beat, strong data center revenue
The chip giant has been a big beneficiary of the AI boom, with stock trading 132% up so far in 2026.
Uber issues weaker-than-expected bookings, earnings forecasts for third quarter
Uber's earnings were in line with estimates, but the company's guidance for the third quarter trailed expectations.
Disney tops earnings estimates as parks and streaming offer a boost
Disney reported growth at its domestic theme parks and cruises despite mounting macroeconomic uncertainty for consumers.
SpaceX dives 12% after AI spending surge rattles investors
CEO Elon Musk said SpaceX would hit $1 trillion in annual revenue in 2030 versus a previous forecast of 2031 as he looked to strike an bullish tone.
AMD sinks 7% despite earnings beat, strong data center revenue
The chip giant has been a big beneficiary of the AI boom, with stock trading 132% up so far in 2026.
Abdul El-Sayed emerges as likely winner in Michigan Democratic Senate primary
Abdul El-Sayed is the likely winner in the Michigan Democratic Senate primary, setting up a context with former Rep. Mike Rogers in the November gener...
Stock bears obliterated as Nasdaq 100 logs top 10 bullish stat of past decade
"Pessimists threw in the towel and optimism was running amok today," said Nations Indexes president Scott Nations.
Oil prices move higher after Yemen's Iran-backed Houthis claim Saudi tanker strike
Crude prices rose Wednesday after Yemen's Houthis claimed they had struck a Saudi Arabian oil tanker in the Red Sea.
Fed's Kashkari says 'now is the time to start slowly moving' rates up
Kashkari was one of three dissenters at last week's Federal Open Market Committee meeting.
Warren presses Lutnick over UAE access to sensitive U.S. tech after Trump crypto investment
Sen. Elizabeth Warren asked Howard Lutnick to explain eased UAE export controls after UAE-linked entities invested in the Trump family's crypto ventur...
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We're adding to our position in a chipmaker as the AI trade regains its footing
The stock is still well below levels it traded at last month after earnings.
AMD sinks 8% in premarket trading despite beating expectations
The chip giant has been a big beneficiary of the AI boom, with stock trading 132% up so far in 2026.
GM, Chinese automaker extend joint venture for 20 years despite geopolitical tensions with U.S.
GM said the deal will focus on domestic sales of Buick and Cadillac models in China and exporting Chevrolet products built in China for non-U.S. marke...
The IRS is getting better at spotting crypto tax mistakes. Here's what it means for investors
Many investors who hold cryptocurrency like bitcoin and ether have a difficult time figuring out how much tax to pay on transactions.