Eli Lilly to release late-stage data on next-generation weight loss drug retatrutide in 2025, earlier than expected
Eli Lilly expects to provide results from a study in people with obesity and osteoarthritis of the knee in 2025.
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Amazon set to pass Walmart in revenue for first time
Analysts surveyed by LSEG are expecting Amazon to report revenue of $187 billion for its latest quarter on Thursday.
How Calvin Klein and Tommy Hilfiger got caught in Trump's trade war with China
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The owner of Calvin Klein and Tommy Hilfger has been placed on China's unreliable entities list, which could force it to cease operations in the region.
Bessent says Trump is focused on the 10-year Treasury yield and won't push the Fed to cut rates
The Treasury secretary said the current strategy is using the levers of fiscal policy to keep rates low.
UBS believes the trade battle with China will get worse. Beware these tariff-sensitive stocks
These stocks in particular face downside risk if the U.S. and China ramp up their tit-for-tat conflict, according to the Wall Street bank.
Amazon set to report earnings after the bell
The company is expected to show strong operating income growth, reflecting CEO Andy Jassy's efforts to rein in expenses.
AMD shares drop more than 6%, close at lowest since 2023 on disappointing data center revenue
Advanced Micro Devices shares fell on Wednesday after the chipmaker under-delivered on Wall Street's estimates for its important data center business.
Ford beats earnings expectations but forecasts tougher year ahead
Ford Motor beat Wall Street's top- and bottom-line expectations for the fourth quarter but forecast a tougher year ahead for the company.
Trump's China tariff increase will affect Ford and GM vehicles, billions of dollars in auto parts
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The biggest impact on vehicles is on Ford Motor's Lincoln Nautilus and General Motors' Buick Envision.
Qualcomm tops estimates for earnings and revenue on strong smartphone demand
Qualcomm reported first-quarter earnings Wednesday that beat consensus expectations on both the top and bottom line.
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