Latest News
Lilly's Q2 Growth Hinges on Mounjaro, Zepbound as Sales Projection Leans Heavily on Weight-Loss Franchise
Eli Lilly (LLY) is set to report Q2 earnings Wednesday, with Mounjaro and Zepbound expected to contribute 98% of revenue growth. Pre-market shares rose 2.2% after a five-day slide.
Bluejay Diagnostics Stock Jumps 47% Premarket Despite Warrant Hurdles
Bluejay Diagnostics (BJDX) shares soared 47% premarket, but the rally leaves the stock below the warrant strike price, complicating financing plans.
Uber's Cash Conversion Under the Microscope Ahead of Q2 Results
Uber (UBER) reports Q2 earnings amid concerns that booking growth isn't translating into cash, as it prepares a $14.8B Delivery Hero acquisition.
Amazon's $71B Wipeout: Bezos Sale Plan Clouds AWS Growth
Amazon shares dropped 2.32%, erasing $71B in market value, as Jeff Bezos' planned sale of 15M shares offset strong AWS growth.
Ondas Surges $781M in Two Days Ahead of Q2 Report
Ondas Inc. (ONDS) added $781M in market cap over two days, fueled by the appointment of ex-Mossad chief David Barnea, ahead of its Q2 earnings on August 13.
Autonomix Medical Stock Rockets 434% on Delayed Patent Disclosure
Autonomix Medical (AMIX) shares skyrocketed 434% on Tuesday following a delayed patent announcement. The stock later fell 37.7% in premarket trading.
Digital Turbine Stock Soars 28% on Strong Q1 and Raised Guidance
Digital Turbine (APPS) surged 28% premarket after Q1 revenue and EBITDA beat, with raised FY2027 guidance highlighting improved margins.
Snap Stock Soars 15% on Subscription Strength in Q2
Snap shares surged 15% after Q2 results showed subscription revenue powering growth, with other revenue up 84.7% year-over-year.
Intel's 10.8% Surge Masks Foundry Losses: Recovery Still Unproven
Intel shares surged 10.8% on Tuesday, but the rally masks persistent foundry losses. External customers contribute just 5.1% of foundry revenue, and the division lost $2.1B in Q2. AMD fell premarket despite strong results.
Nokia Shares Rebound on AI Orders, Focus Shifts to Conversion
Nokia's shares rebound as AI orders surge to €3.8B, but the key test is converting these orders into revenue without eroding margins.
Novo Nordisk Slips 4% as Profit Beat Fails to Quell Wegovy Worries
Novo Nordisk shares dropped 4% in Copenhagen after Q2 profit beat estimates, but concerns over Wegovy and pipeline setbacks weighed on sentiment.
Grab Unveils $750M Buyback as Q2 Revenue Climbs 22%
Grab Holdings announced a $750 million buyback and raised its full-year outlook after Q2 revenue grew 22% to $997 million, though adjusted free cash flow fell 35%.