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Eli Lilly’s CEO stated that 700,000 new seniors began GLP-1 treatments following Medicare obesity drug coverage in July, with 70% using Lilly medications.
Affirm Holdings stock closed nearly unchanged Friday after the buy-now-pay-later firm reported strong earnings, with CEO Max Levchin citing elevated gas prices as a concern for U.S. consumers.
BYD shares declined nearly 5% in Hong Kong after the automaker reported first-half net profit fell 20.5% due to fierce competition and weak domestic demand in China’s auto market.
Broadcom issued an optimistic fiscal 2027 forecast and highlighted expanding business with artificial intelligence laboratories, sending shares higher in extended trading.
Zscaler beat fiscal Q4 earnings expectations and issued upbeat forward guidance, but the cloud security stock fell as investors weighed the results.
Lululemon shares fell 20% in premarket trading after the apparel retailer reported declining revenue and comparable sales, along with significantly reduced full-year guidance.
