Eli Lilly on Thursday reported first-quarter earnings and revenue that blew past estimates and hiked its full-year sales outlook by $2 billion, as demand for its blockbuster weight loss drug Zepbound and diabetes treatment Mounjaro spiked again. The pharmaceutical giant now expects 2026 revenue to come in between $82 billion and $85 billion, up from…
The Samsung exhibition stand features the prominent ”A new era of mobile agentic AI” slogan by the South Korean company Samsung Electronics. Joan Cros | Nurphoto | Getty Images Samsung Electronics reported an over eight-fold increase in first-quarter operating profits on Thursday, hitting a new record and beating analysts’ estimates on the explosive growth of…
To Kevin M. Warsh, the Federal Reserve’s more than $6 trillion portfolio of government bonds and mortgage-backed securities is emblematic of everything that has gone wrong at the institution he hopes to lead. The Fed’s decision to expand its portfolio by so much and so quickly since the 2008 global financial crisis has stoked inflation,…
Facade of a Taco Bell Cantina restaurant in Danville, California, Jan. 8, 2026. Smith Collection | Gado | Archive Photos | Getty Images Yum Brands on Wednesday reported quarterly earnings and revenue that topped analysts’ expectations, fueled by another strong quarter for Taco Bell. Here’s what the company reported compared with what Wall Street was expecting, based…
The Pentagon is formally seeking congressional authorization to codify the “Department of War” moniker, estimating it will cost taxpayers approximately $52.5 million. The figure is substantially lower than the Congressional Budget Office’s projection in January, which estimated the rebrand could reach as much as $125 million if it were adopted “broadly and rapidly.” In a…
A UPS driver sits in his truck on April 15, 2026 in the Flatbush neighborhood of the Brooklyn borough in New York City. Michael M. Santiago | Getty Images United Parcel Service on Tuesday posted first-quarter earnings results that beat on the top and bottom lines. Shares of the delivery giant sank roughly 5% in…
Procter & Gamble on Friday reported quarterly earnings and revenue that topped analysts’ expectations, as volume for its products grew for the first time in a year. But looking ahead, executives warned about uncertainty caused by the war with Iran, like the effects on the company’s input costs and consumer spending. P&G will not provide a forecast…
Lip-Bu Tan, CEO of Intel Corp., departs following a meeting at the White House in Washington, Aug. 11, 2025. Alex Wroblewski | Bloomberg | Getty Images Intel reported first-quarter earnings Thursday that blew past Wall Street’s expectations, as the struggling chipmaker shows signs of a revival. Shares of the U.S. chipmaker jumped 19% in after-hours…
South Korean memory chip giant SK Hynix posted yet another quarter of record profit and revenue on Thursday, as prices for its products continue to surge amid strong AI demand. While its earnings were broadly in line with estimates, revenue missed forecasts. Here are SK Hynix’s first-quarter results versus LSEG smart estimates, which are weighted toward…
A Southwest Airlines Boeing 737 airplane lands at Los Angeles International Airport after arriving from Chicago on March 7, 2026. Kevin Carter | Getty Images Southwest Airlines forecast second-quarter earnings below analyst estimates, citing higher fuel prices, while holding off on updating its full-year 2026 forecast. Southwest expects to earn between 35 cents and 65…
