Eli Lilly stock LLY gained 6% on Wednesday after delivering a stronger-than-expected second quarter as robust demand for its blockbuster GLP-1 medicines Mounjaro and Zepbound lifted revenue and profit well above Wall Street expectations. This has prompted the drugmaker to raise its full-year revenue outlook. The company reported adjusted earnings per share of $8.38, comfortably
Broadcom stock has jumped to its highest level since June 4 as investors buy the dip in technology companies. AVGO jumped to $418, up by 17% from its lowest point in July and 45% above the year-to-date low. This article explains why the stock will continue rising and possibly move above the year-to-date high of
World Chain has announced the launch of full block access lists, becoming the first production Layer-2 blockchain network to stream EIP-7928 block access lists within every flashblock. The feature is scheduled to go live on World Chain Mainnet on Aug. 17 and is designed to improve transaction throughput without increasing hardware requirements for validators. According
The S&P 500 Index and its top ETFs like VOO and SPY jumped on Monday and are nearing their record highs. It jumped to 7,600 points, its highest level since June 3 of this year. This article explains several reasons why the index and its ETFs have more gains to go. S&P 500 Index to
Caterpillar (CAT) shares climbed more than 9% in premarket trading on Tuesday after the construction and mining equipment maker raised its full-year revenue forecast, and beat second-quarter earnings estimates as its power segment continues to benefit from rising data center spending. The company now expects full-year revenue to grow in the mid-to-high teens percentage range,
Lumentum stock jumped by over 13% in the premarket session after a highly bullish statement from Mizuho. LITE soared to $881, continuing a recovery that started on July 29 when it bottomed at $594. So, will this rally continue amid the rising valuation concerns? Lumentum stock jumps after crucial upgrade LITE stock has done well
SpaceX SPCX investors are bracing for one of the biggest earnings-driven moves ever seen for a newly listed company, with options traders pricing a swing of roughly $225 billion in the company’s market value ahead of its first quarterly results on Tuesday. According to Reuters, options imply that SpaceX shares could move about 15% in
Bitget today highlighted key findings from a new independent DeFiLlama research report examining the rapid growth and evolving market structure of tokenized equities. According to the report, tokenization’s active market capitalization has grown by more than 140% in 2026, increasing from $814 million at the beginning of the year to nearly $2 billion at the
SpaceX stock will be in focus later today as the company reports its first earnings since going public. Shares rose to $114.45 on Monday, recovering modestly from their record low of $104. Investors are now watching closely to see whether the inaugural earnings report will provide the catalyst for the stock to extend its rebound
US stocks opened higher on Tuesday as strong earnings from Palantir Technologies and Caterpillar reinforced investor confidence in artificial intelligence-driven spending, while easing oil prices on hopes of a diplomatic breakthrough in the Middle East supported broader market sentiment. The Dow Jones Industrial Average rose about 694 points, or 1.31%. The S&P 500 gained 0.57%,