Eli Lilly on Tuesday raised its full-year guidance as second-quarter profit jumped 85% from the same period a year ago on strong sales from the pharmaceutical giant's diabetes treatment Mounjaro and other drugs.
The company now expects full-year revenue of between $33.4 billion and $33.9 billion, up from a previous forecast of $31.2 billion to $31.7 billion. Eli Lilly also increased its adjusted earnings guidance to a range of $9.70 to $9.90 per share
My friend says she cannot trade stocks using eTrade anymore after it was sold to MS. I doubt about what she said. Should Etrade automatically transfer all the stocks position from eTRADE to MS? Do eTRADE customers need to use only trading tools provided by MS? Any experience?
Other than META and AMZN nearly 85-90% of my portfolio MANY of them leaders and up a lot YTD had awful reactions to earnings this quarter. Did any notable growth stocks thrive and go higher in your portfolio? I had a great last 3 months, nearly all wiped away after this quarter's earnings results
A story:
bought the fashion stock BooHoo (LON:BOO) at a really high price back in 2021 when i got swept up in the hype. Since then im down around 85% on an initial 5k investment.
I have 0 plans to retire any time soon (have a 25 year time horizon) and have I and have 90% of my investments in a world ETF so this where the bulk of my money is which i regularly contribute to.
The question is considering my long time horizon when is it sensible
I believe sharing knowledge grows a community so I’ll share mine.
I start with a business I can understand to see how they operate. The space they operate in. The competition. 1. I search to see if their gross margins are at least 25% 2. I look to see if the payout ratio is <70% 3. Identify a moat through reading company annual reports 4. Read income statement to see if revenue is increasing in 3,5,10 year span 5. Identify if operating income is incre
NEE hits 52 weeks low and I'm thinking of buying. Anyone has some interesting thoughts on the stock?
I started monitoring this stock last year as I like the ideas of adding green energy to my portfolio but always had something better to buy.
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I have most of my money in index funds, but I do reserve a percentage of my portfolio for individual stocks.
I have had some winners like Nvidia and Upstart recently. But I’ve had some losers that have gone bankrupt and basically to 0 recently too like Proterra (PTRA) and Appharvest (APPH). I’m worried that some of my other speculative picks like Jumia (JMIA), Lucid (LCID), and Opendoor( OPEN) are going belly up and bankrupt soon.
Luckily all the
In a major sports betting deal, ESPN has cut a $2 billion deal with casino owner Penn Entertainment to launch ESPN Bet, a branded sportsbook. ESPN Bet will launch this fall in the 16 states where Penn has sports b
"Absent any alarming new data between now and mid-September, I believe we may be at the point where we can be patient and hold rates steady and let the monetary policy actions we have taken do their work," Harker said in a speech in Philadelphia.
Philadelphia Federal Reserve Bank President Patrick Harker said Tuesday that the Federal Reserve may be at a point where the central bank ca
Moody’s cut the credit ratings of a host of small and mid-sized U.S. banks late Monday and placed several big Wall Street names on negative review.
The firm lowered the ratings of 10 banks by one rung, while major lenders Bank of New York Mellon, U.S. Bancorp, State Street, Truist Financial, Cullen/Frost Bankers and Northern Trust are now under review for a potential downgrade.
Moody’s also changed its outlook to negative for 11 banks, including Ca