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Eli Lilly Defends Obesity Drug Pipeline Amid Retatrutide Lawsuits
Eli Lilly shares rose 0.5% as the company filed six lawsuits against unauthorized sellers of its experimental obesity drug retatrutide, reinforcing its commitment to pipeline integrity.
EnerSys Surges 15% on Q1 Earnings Blowout
EnerSys (ENS) shares soared 15% premarket after Q1 adjusted EPS of $3.66 crushed estimates, though revenue only edged up 4.8%.
IREN Gains on Microsoft's First AI Data Center Acceptance
IREN shares jumped 4.76% in premarket after Microsoft accepted the first 50MW of a $9.7B AI infrastructure deal, marking a key milestone.
Rocket Shares Edge Up as Mortgage Rates Hit 3-Week Low
Rocket Companies (RKT) edged up 0.8% in premarket trading as mortgage rates dropped to a three-week low, but the company's Q3 revenue outlook remains down 5.8% from Q2.
Dell Shares Surge as Lenovo's AI Results Signal Robust Server Demand
Dell (DELL) gains 4% premarket as Lenovo's AI revenue surge confirms strong server demand, with shares trading above the average analyst target.
Stellantis Faces Inventory Pressure Despite Police Charger Buzz
Stellantis (STLA) saw a surge in Dodge police Charger searches, but a thin 1.8% margin and 93-day inventory keep analysts cautious.
Cerebras Shares Tumble 18% as GAAP-Core Gap Tests Rich Valuation
Cerebras (CBRS) shares slid 18% premarket as GAAP Q2 revenue missed estimates, despite core revenue beat. Rich 54x sales valuation leaves little room for accounting discrepancies.
Delta Stock Dips as Atlanta Cancellation Searches Surge; Cost Pressures Mount
Delta Air Lines (DAL) shares slipped 0.53% as Google searches for Atlanta cancellations surged past 50,000, highlighting operational concerns amid strong revenue growth and rising costs.
Kroger Stock: 137 New Stores Could Offset 60 Closures
Kroger (KR) may add 137 net new stores via the Giant Eagle acquisition, offsetting 60 closures and expanding its footprint by 5.1%.
Small-Cap Index Notches Record Close Ahead of Key Inflation Data
The Russell 2000 closed at an all-time high, extending its 2026 lead over the S&P 500. Thursday's PPI report will test whether easing rate concerns can sustain the small-cap rally.