Nasdaq edges back from its record as chip companies and Eli Lilly slump [Los Angeles Times (CA)]
Eli Lilly and Company (LLY)
Last eli lilly and company earnings: 4/23 06:25 am
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Source: Los Angeles Times
The Standard & Poor's 500 slipped 0.3% after drifting between small gains and losses several times, though it's still near its all-time high set this month. The Dow Jones industrial average edged down by 0.2% while the Nasdaq composite slipped 0.6% from its own record set the day before. Alphabet climbed 2.8% after beating analysts' forecasts for profit in the latest quarter, thanks largely to the performance of its Google business. It's the latest of the highly influential group of stocks known as the “Magnificent Seven” to top high expectations for growth. They'll need to, because critics say their prices have climbed too quickly, even if artificial intelligence technology is creating a boom. Computer chip companies have been some of the biggest winners of the AI rush, but Advanced Micro Devices helped drag down stocks across the industry after reporting profit for the latest quarter that only matched analysts' expectations. It also gave a forecast range for revenue for the end
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LLY
News
- Eli Lilly and Company (NYSE: LLY) had its price target lowered by analysts at Barclays PLC from $1,025.00 to $975.00. They now have an "overweight" rating on the stock.MarketBeat
- Eli Lilly and Company (NYSE:LLY): Among The 10 Best S&P 500 Stocks to Buy According to Hedge Funds [Yahoo! Finance]Yahoo! Finance
- Buy, Sell, Or Hold LLY Stock At $850? [Forbes]Forbes
- Eli Lilly and Company (NYSE: LLY) had its price target lowered by analysts at Bank of America Co. from $1,150.00 to $1,100.00. They now have a "buy" rating on the stock.MarketBeat
- Stock movers: Alphabet, Super Micro, Eli Lilly and more [TheStreet.com]TheStreet.com
LLY
Earnings
- 10/30/24 - Miss
LLY
Sec Filings
- 10/30/24 - Form 10-Q
- 10/30/24 - Form 8-K
- 10/23/24 - Form SC
- LLY's page on the SEC website