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HotEli Lilly
Shares of Eli Lilly climbed to a record level at the open following the company's decision to raise its earnings outlook.
Part of a series: Eli Lilly stock reaches record level after earnings
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HotEli Lilly
Eli Lilly is set to report third-quarter results, with analysts expecting revenue to exceed forecasts due to resilient demand for Zepbound and Mounjaro.
HotEli Lilly
Eli Lilly is scheduled to release its third-quarter financial results, with performance expected to be driven by its obesity and diabetes medications.
Defense Contracts
The U.S. Army chose Lockheed Martin to build a new air and missile defense system. The total project value is estimated at $1.08 billion.
HotAlphabet Earnings
Alphabet shares fell 13 percent, wiping out about $500 billion in value, after quarterly free cash flow turned negative due to high AI costs. Revenue missed expectations, and the company plans an $85 billion equity raise.
HotServiceNow
ServiceNow stock experienced its largest intraday decline since 2016, dropping 22 percent on Wednesday.
HotAnalyst Ratings
Wall Street firms updated ratings after earnings, with Microsoft targets rising on Azure growth. Alphabet and Fortinet faced downgrades or target cuts due to search and product growth concerns.
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