Eli Lilly’s stock jumps as first-quarter profit tops estimates amid strong sales of Mounjaro, Zepbound
Eli Lilly shares popped early Tuesday after the drugmaker reported first-quarter profit that topped estimates amid strong demand for diabetes and weight-loss drugs.
Coca-Cola’s Q1 results beat top and bottom line estimates boosted by ‘dynamic backdrop’
The Coca-Cola Co. reported better-than-expected first-quarter results before market open Tuesday, boosted by what the beverage giant described as “a dynamic backdrop.”
Labor costs rise at fastest pace in year and a half, ECI shows, in setback to Fed effort to tame inflation
The cost of labor for U.S. companies accelerated in the first quarter at the fastest pace in a year and a half, complicating the Federal...
Logitech shares jump on surprise guidance, as demand stirs for computer products
Logitech results have stirred hopes for consumer buying of computer and gaming equipment.
Burger King’s parent company to invest $300 million more to modernize restaurants
Restaurant Brands edged past earnings expectations with its latest results on Tuesday while announcing plans to invest further in Burger King remodels.
Home prices hit new all-time high, Case-Shiller says, ‘in the face of economic uncertainty’
The Case-Shiller 20-city home-price index rose 6.4% year-on-year in February.
Home prices soar even higher in February, despite higher mortgage rates, says S&P Case-Shiller
It marked another increase after the prior month's annual gain of 6%, and the fastest rate of price growth since November 2022.
Samourai Wallet co-founder released on $1M bond after pleading not guilty
Samourai Wallet founders have been charged with money laundering and operating an unlicensed business. Keonne Rodriguez, one of the co-founders, was released on a $1M...
BTC slips amid poor debut for Hong Kong spot ETFs
Bitcoin fell to under $62,000 after spiking past $64,700 earlier as Hong Kong spot Bitcoin and Ethereum ETFs began trading. Data showed trading volumes hit...