Eli Lilly's stock surged 3.9% after an outstanding Q3 earnings report, surpassing analysts' expectations with $7.02 per share and $17.6 billion in sales. The company raised its yearly guidance, signaling strong growth potential.
Meta's shares dropped over 12% due to a staggering $16 billion tax charge, marking its biggest loss in years. Meanwhile, Microsoft and Alphabet reported mixed quarterly results, with Alphabet hitting a record revenue.
Chipotle's shares dropped more than 15% in after-hours trading after the chain slashed its sales forecast for the third consecutive quarter, citing ongoing macroeconomic challenges affecting consumer behavior.
Eli Lilly's third-quarter results exceeded estimates, driven by strong demand for Zepbound and Mounjaro. The company raised its revenue forecast, fueling a 5% rise in shares. Discover how Eli Lilly is maintaining its lead in the competitive obesity drug market.
Nvidia has reached a historic milestone, becoming the first company valued at $5 trillion, fueled by an AI chip frenzy. While the tech giant thrives, concerns about an impending AI bubble loom large.
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Nvidia has achieved a historic milestone, becoming the first company to reach a $5 trillion market value, fueled by the AI boom. As shares soar and concerns about an AI bubble grow, the tech landscape is witnessing unprecedented changes.
Microsoft has once again crossed the $4 trillion mark in valuation, joining Nvidia in a rare elite club as AI investments soar. OpenAI's transformation into a public benefit corporation with Microsoft backing fuels this surge.
The Nikkei 225 reached a record high above 51,000, boosted by positive U.S.-Japan trade talks and expectations of another Federal Reserve rate cut. Trump's historic meeting with Takaichi is signaling a shift in Japan's economic policies.
Stocks reached record highs as the AI sector gains momentum. Nvidia's new partnerships and positive earnings reports set the stage for a pivotal Fed interest rate decision.
