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Eli Lilly shares rally on a fresh DTC partnership with CVS Health. A strong Q2 release and impressive future guidance is driving LLY stock higher as well.
Healthcare stocks were higher late Wednesday afternoon, with the NYSE Healthcare Index and the State

<body><p>STORY: :: Disney's sales and profit rise, boosted by the success of ‘Toy Story 5’</p><p>:: $1 Billion</p><p>"Toy story five was another monumental blockbuster for Disney."// "The movie has brought in more than $1 billion in box office this year. This lifts the franchise to total franchise value just in the box office alone to over $4 billion, which is what makes it a significant, franchise for Disney."</p><p>:: Dawn Chmielewski/Entertainment business correspondent</p><p>"And Disney is unique in the world of entertainment in that it can take characters and stories that are really resonating with audiences and find a way to, to, to monetize that fan affection in a variety of ways. Disney in its its quarterly earnings results, which were reported on on Wednesday morning, noted that the arrival of Toy Story five in theaters fueled interest in the earlier films, so there's been more than 2,000,000,000 hours worth of streaming on Disney Plus. It spurred toy sales through Disney's consumer products. Line. So consumer product sales were reached a high a five year high during the quarter. So that, too is spurred by Toy Story. And it also brought people to the theme parks and onto cruise ships where where kids have a chance to interact with Buzz and Woody and Jessie."//</p><p>:: Disney and TikTok have reached a short-form video-sharing deal</p><p>"Disney and TikTok announced a content sharing deal just before Disney reported its earnings early Wednesday morning. The deal is novel in this respect. Disney will allow TikTokers who are fans of Disney to begin using its its characters and video in their TikTok videos, which will be distributed not just on TikTok but also on Disney Plus, which has a new, a new category of, vertical video clips called verts."//</p><p>"So these TikTok videos, which will come to the service in the coming months, will be kind of a celebration of Disney's various, characters and stories." </p><p>CEO Josh D'Amaro, who took over in March, highlighted his strategy to invest in franchises like Toy Story to reach audiences outside the box office in a lengthy earnings letter to shareholders on Wednesday.</p><p>Separately, Disney and TikTok announced a deal on Wednesday that will allow TikTok creators to use characters and scenes from Disney movies and TV shows in short-form videos, the first agreement of its kind between the social media platform and a traditional media company.</p><p>The company reported revenue of $25.2 billion in the quarter, up 7% from last year, but shy of Wall Street's forecasts of $25.4 billion, according to analysts surveyed by LSEG.</p><p>Disney's per-share earnings rose 28% from a year ago to an adjusted $2.06, beating forecasts of $1.86 a share.</p></body>
Flutter Entertainment announced the resignation of its longtime CEO Peter Jackson when it reported second-quarter earnings on Wednesday. Despite a nine-year tenure that saw Flutter grow from a $2 billion U.K.-focused business to a $16 billion international betting titan, Jackson isn’t going out on a high note. Shares of the world’s largest betting firm and FanDuel parent company were down as much as 14% Wednesday after the firm reported mixed results and reduced its full-year guidance.
Key takeawaysEli Lilly’s second-quarter revenue surged 48 per cent to US$22. 97 billion, beating Wall Street expectations by more than US$2 billion.
Strategy’s (NASDAQ: $MSTR) high-yielding preferred stock (NASDAQ: $STRC) is recovering as the serial cryptocu...
Even though PayPal never directly addressed Stripe's recent buyout offer in its earnings report, the message was clear: It's too low.
The company, pressed by investors to generate revenue from AI, says its offering will cost less than popular alternatives.
Tech stocks were mixed late Wednesday afternoon, with the State Street Technology Select Sector SPDR
Eligible Visa Direct clients can now prefund accounts and send payouts in stablecoins, expanding Visa's latest push to bring blockchain-based payments into its global network.
CringeMart looks to serve the 4 million customers who buy a condom every 37 seconds, and one very committed shopper who placed 659 orders
Yahoo Finance Senior Business Reporter Brooke DiPalma dives into the crypto market and bitcoin (BTC-USD) using AlphaSpace
Investors will want to know more about future plans following its second top leadership change in a year.
The share price puts this company in stock-split territory, but it may need to go even higher before management considers one.
Amazon recently joined an exclusive group of companies with market caps worth more than $3 trillion.
Walmart Inc (NYSE:WMT, XETRA:WMT)'s upcoming second quarter earnings report could act as a positive catalyst for the stock despite expectations for slower comparable sales growth, according to UBS analysts, which argued that investors are focusing too heavily on a single metric rather than the...
Chinese memory maker CXMT went public and gained nearly 500% on its opening day.
A few sectors have dominated the market this year, and healthcare isn’t one of them. Many stocks in the sector look ready to gain.
Strategy plans to sell more Bitcoin to cover its buybacks and preferred stock dividends.
Spanish Investor's Buffett-Style Strategy Surges as Value Makes a Comeback
Shopify Surprises Wall Street as Q2 Revenue Jumps 34%
Alphabet's (GOOG, GOOGL) Google announced new roles for DeepMind Chief Executive Demis Hassabis amid
Astera Labs stock spiked 12.7% on Tuesday after the company surpassed Wall Street's targets in its latest earnings announcement. Investors could buy Astera Labs at the current price or use options to potentially buy shares of the semiconductor company for a discount. Astera Labs is a fabless semiconductor company that designs high-speed connectivity solutions for data centers and AI infrastructure.
Priority access may reduce a costly deployment risk
Falling energy prices may not solve the inflation problem
XLV's lower costs and broader holdings delivered 30% more growth over five years, while BBH's concentrated biotech focus offers higher single-stock upside.
Elon Musk told a crowd at Tesla's Texas Gigafactory that currency itself will become pointless within a decade, and economists are lining up on both sides of whether that claim deserves serious analysis or a spot on his list of famously missed deadlines.
Technical progress still needs a credible path to revenue.