Briefs

Eli Lilly and Co. (NYSE:LLY) is set to release its second-quarter earnings on August 7. According to Benzinga Pro data, analysts are anticipating adjusted earnings of $5.56 per share and sales of $14.4 billion. Expectations are slightly higher for the quarter, primarily driven by the...

Kazia Therapeutics (NASDAQ:KZIA) on Wednesday reported preliminary results from the first patient in its Phase 1b trial evaluating a combination regimen of Paxalisib, Merck & Co Inc’s (NYSE:MRK) Keytruda (pembrolizumab), and standard chemotherapy after completing Cycle 1 (21 days) of...

Johnson & Johnson (NYSE:JNJ) is set to release its second-quarter earnings on Wednesday, July 16. According to Benzinga Pro data, analysts estimate adjusted earnings of $2.68 per share and sales of $22.85 billion. While overall estimates for 2025 and beyond show only slight increases, investor...

BofA Securities analyst Wamsi Mohan observed that from 2006 to 2024, server market revenues grew at a 9% compound annual rate, while unit volumes rose by 4% annually. Looking ahead, he expects artificial intelligence to drive most of the revenue growth in the server market over the next six years....

Rhythm Pharmaceuticals, Inc. (NASDAQ:RYTM) on Wednesday released topline results from its Phase 2 trial evaluating bivamelagon (formerly LB54640), an investigational oral melanocortin-4 receptor (MC4R) agonist, in patients with acquired hypothalamic obesity. Hypothalamic obesity is a rare type of...

JPMorgan analyst Mark Strouse upgraded Bloom Energy Corp (NYSE:BE) to Overweight from Neutral, raising the price forecast from $18 to $33. According to Strouse, the unexpected eligibility of fuel cells for 48E tax credits under the finalized OBBB legislation could lead to upside in revenue and...

Workhorse Group, Inc. (NASDAQ:WKHS), a technology company specializing in electric vehicles and drone technology for last-mile delivery, is currently experiencing significant volatility in its stock price. On Wednesday, the stock traded close to three times its 50-day moving average of $1.07. This...

BofA Securities analyst Ruplu Bhattacharya initiated coverage on Super Micro Computer (NASDAQ:SMCI) with an Underperform rating and a price target of $35 on Wednesday. Bhattacharya resumed coverage of Super Micro with an Underperform rating and a price objective of $35 (~29% potential downside...

Gilead Sciences, Inc. (NASDAQ:GILD) on Wednesday announced a strategic partnership agreement with the Global Fund to Fight AIDS, Tuberculosis and Malaria to supply lenacapavir — Gilead’s twice-yearly injectable HIV-1 capsid inhibitor — for the prevention of HIV as pre-exposure prophylaxis (...

Exxon Mobil Corp. (NYSE:XOM), one of the world’s largest publicly traded international oil and gas companies, has seen its stock price climb approximately 9% over the past month. This recent surge has been primarily fueled by a recovery in global oil prices and a resurgence of investor...

Microsoft Corporation (NASDAQ:MSFT) is getting a boost from Oppenheimer analyst Brian Schwartz, who has upgraded the tech giant's stock rating to Outperform with a forecast of $600. As the company navigates the rapidly evolving landscape of artificial intelligence (AI), Schwartz believes Microsoft...

JPMorgan analyst Michael Rehaut reiterated the Underweight rating on LGI Homes, Inc. (NASDAQ:LGIH), lowering the price forecast from $52 to $47. On July 4, the company announced it closed on 457 homes in June 2025, lower than 571 homes in June 2024. As of June 30, 2025, LGI Homes had 146 active...

British smartphone chip designer Arm Holdings (NASDAQ:ARM) trades above its 50-day moving average of $134.91. The stock surged 20% year-to-date, 39% in the last three months. The tech-heavy NASDAQ 100 Index (dominated by Nvidia (NASDAQ: NVDA), Microsoft (NASDAQ:MSFT), and Apple (NASDAQ:AAPL)),...

China Automotive Systems, Inc. (NASDAQ:CAAS) shares are trading higher on Wednesday following the company’s announcement that it has begun mass production of its second-generation electro-hydraulic power steering system for heavy-duty vehicles. Developed by its subsidiary Shashi Jiulong, the...

ServiceNow, Inc. (NYSE:NOW) unveiled an expanded partnership with iconic automotive brand Ferrari N.V. (NYSE:RACE) on Wednesday. The collaboration enhances Ferrari’s digital operations, specifically supporting its Hypercar team following a win at the World Endurance Championship. As the...