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Lilly said the products being sold on the black market are unverified, unapproved, and not worth the risk.
Lumentum’s red-hot earnings revive the AI trade, this crypto platform is buying gold like a central bank, Quantinuum’s results, and more news to start your day.
With CPI dropping at 8:30 AM and the Strait of Hormuz near shutdown, Wall Street faces a pivotal morning that could swing stocks sharply in either direction, and analysts at Deutsche Bank, Oppenheimer, Berenberg, and others are already repositioning ahead of the numbers.
US equity futures were edging higher pre-bell Wednesday as traders looked forward to the latest nati
Eli Lilly has filed six new lawsuits against U.S. entities that it alleges are selling a version of the company’s investigational weight-loss drug on the black market.
Nebius Group surpassed second-quarter revenue estimates on Wednesday as booming demand for AI infrastructure and cloud services helped the company win larger contracts and raise prices for computing capacity, sending its shares up 12% in premarket trading. The Amsterdam-based AI infrastructure firm reported total revenue of $582.3 million for the quarter ended June, compared with analysts' average estimate of $572.75 million, according to data compiled by LSEG. Revenue at its core AI cloud business, which accounted for about 98% of group revenue, rose more than 500%.
S&P 500 futures climbed 0.3% and Nasdaq 100 futures rose 0.7% before the morning's consumer price index release
SMCI stock surged in pre-market trade to levels not seen since late June.
The Mediterranean fast-casual chain also said sales are rebounding after a cyclospora outbreak briefly dented results
Automakers are fairly stable in pre-market trading as traders are waiting on the CPI figures. At this point, the markets are waiting to get a read on inflation as well.
T1 Energy Inc. (NYSE:TE) shares gained 3.
Avino Silver (ASM) delivered earnings and revenue surprises of 0.00% and -14.42%, respectively, for the quarter ended June 2026. Do the numbers hold clues to what lies ahead for the stock?
Ahead of an approval filing, the drugmaker is amping up a fight against sellers who claim to offer versions of its highly anticipated “triple-G” weight loss medicine.
Meta Platforms (META) is set to go to trial in California federal court over claims that it made Fac
Investing.com -- Goldman Sachs said in a note Wednesday that investors will focus on several key issues when Nvidia reports its latest quarterly results on August 26, from its newly announced financing platform to the shape of its Rubin product ramp.
As AI data centers and upgrades to the electrical grid copper grid lift demand, Southern Copper explores a fresh breakout.
The telecom company is staking its future on open models, both to control token cost and protect its proprietary data.
Find insight on Samsung Electronics, Life360, CoreWeave and more in the latest Market Talks covering technology, media and telecom.
At Carnival, CFO David Bernstein made a commitment to investors: He wouldn’t leave until the company repaid its pandemic-era debt. Now, nearly five years after the cruise operator’s first ship returned to sea, Bernstein said he and other Carnival insiders have delivered. Having kept his word, the CFO plans to stay put.
Consumer price index inflation data, out at 8:30 a.m. ET, may further dampen odds of a Federal Reserve rate hike in September following Friday's weak July jobs reports. S&P 500 futures are slightly higher ahead of the CPI inflation report, holding just off record highs despite inching lower on Monday and Tuesday. Wall Street expects the overall CPI to rise 0.1%, lowering the 12-month headline inflation rate to 3.4% from 3.5%, according to the Econoday consensus forecast.
LOGISTICS REPORT NEWSLETTER General Motors is setting up a $4.5 billion safety net designed to keep critical components flowing through supply-chain troubles, The Wall Street Journal’s Sharon Terlep writes.
By Mike Dolan Aug 12 (Reuters) - What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets It's inflation day stateside and an important moment for Federal
(Bloomberg) -- One of the stock market’s favorite momentum plays from earlier this year is re-emerging as rising confidence in artificial intelligence spending sends the shares of optical component makers soaring again.Most Read from BloombergPhoebe Gates Knew Phia Shopping App Took Credit for Sales It Didn’t DriveFive Takeaways From Zuckerberg’s 6,500-Word Manifesto on AITata Sons Chairman to Step Down, Deepening Leadership TurmoilTrump Weighs Call for Capital Gains Tax Cuts as Midterm BoostPak
📈 Follow our live markets data and coverage. Tonight’s $1 billion Powerball drawing is one of the biggest ever, but inflation has helped pump it up. Rising bond yields increase the value of the optional annuity that makes up that official jackpot.
By Diana Novak Jones Aug 12 (Reuters) - Meta Platforms will face a coalition of state attorneys general in a California federal court trial beginning on Wednesday over claims it engineered Facebook
Aug 12 (Reuters) - Meta Platforms, Google's YouTube, TikTok parent ByteDance and Snap Inc are facing thousands of lawsuits brought by states, school districts and individuals alleging they
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