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Friday, February 6, 2026

Eli Lilly Stock Soars on Robust Sales Outlook Fueled by Weight-Loss Drug Demand

Eli Lilly's stock surges on strong 2026 sales outlook, driven by high demand for its weight-loss drugs Mounjaro and Zepbound. Competitor Novo Nordisk sees stock decline.

Sony Surges Past Expectations: Q3 Earnings Soar 22%, Full-Year Outlook Boosted

Sony reports a 22% surge in Q3 operating profit, exceeding expectations and leading to an upgraded full-year financial outlook, driven by strong performance in gaming and music divisions.

Shell Reports Weakest Quarterly Profit in Nearly Five Years, Yet Boosts Shareholder Returns

Shell reports its weakest quarterly profit in nearly five years but maintains a $3.5 billion buyback and increases its dividend, despite falling oil prices and rising debt.

Aarav Shen

Aarav Shen is an esteemed journalist with over 15 years of experience reporting on business, finance, and economics. With a rich background that spans from Southeast Asia to the heart of Wall Street, Aarav offers a piercing global perspective on market dynamics and economic policy. His work, recognized for its depth and clarity, has shaped international dialogue, making him a trusted voice in a complex industry. Currently based in Hong Kong, he distills intricate financial trends into compelling narratives for a worldwide audience.

Microsoft Cuts 6,000 Jobs Globally in Organizational Restructuring

Microsoft has announced a significant restructuring effort that includes laying off approximately 6,000 employees, representing about 3% of its global workforce. The job cuts...

Spirit Airlines Introduces Premium Seating and Cardholder Perks in 2025 Strategy Shift

Spirit Airlines announced the rollout of new premium offerings aimed at attracting more upscale leisure travelers. The airline will begin installing an extra-legroom seating...

Hertz Shares Drop 17% Following Q1 Losses and $250 Million Stock Offering

Hertz Global shares fell sharply on Tuesday after the rental car company posted weaker-than-expected first-quarter earnings and announced a $250 million stock offering aimed...

YouTube to Stream NFL Week 1 Game for Free in Global First

YouTube will stream its first-ever full National Football League game live and for free on September 5, marking a significant milestone in sports broadcasting....

American Eagle Writes Down $75M in Inventory Amid Falling Sales

American Eagle has announced a $75 million inventory write-down tied to unsold spring and summer merchandise and has withdrawn its full-year guidance for fiscal...

Tech Stocks Soar $837 Billion After U.S.-China Tariff Pause

The so-called "Magnificent 7" group of major tech stocks saw a dramatic surge in market value, adding a combined $837.5 billion on Monday following...

U.S. Tariff Revenue Hits Record High in April Amid Soaring Customs Duties

Receipts from U.S. tariffs surged to a record high in April, as the financial impact of President Donald Trump’s trade measures began to materialize...

Honda Profits Tumble as Tariffs Impact Outlook and Future Earnings Forecast

Honda reported a steep decline in its fourth-quarter operating profit, missing analyst expectations as the Japanese automaker braces for the continued impact of U.S....

Stock Futures Drop Ahead of Inflation Data After Major Market Rally

Stock futures declined early Tuesday, following a significant rally the previous day, as investors awaited a closely watched inflation report. Dow Jones Industrial Average...

UK Artists Oppose AI Copyright Reforms, Demand Stronger Protections

A group of prominent British musicians, including Elton John and Dua Lipa, are urging the U.K. government to reconsider its approach to copyright laws...

KindlyMD Merges with Nakamoto Holdings in $710M Crypto Deal

Shares of KindlyMD soared by 250% on Monday following the announcement of its merger with Nakamoto Holdings, a bitcoin investment company founded by David...

Trump Sons’ Bitcoin Mining Company Set to Go Public via Merger

A bitcoin mining company backed by President Donald Trump's sons, Eric Trump and Donald Trump Jr., is set to go public on the Nasdaq...

Trump Talks to Tim Cook as U.S. and China Suspend Tariffs

President Donald Trump shared that he had spoken with Apple CEO Tim Cook following the announcement that the U.S. and China had agreed to...

Perplexity AI in Talks for $500 Million Raise at $14 Billion Valuation

Perplexity AI is in advanced discussions to raise $500 million in funding, with a valuation of $14 billion. Accel, a venture capital firm based...

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