The Western Conference battle heats up Wednesday with Seattle Sounders hosting Austin FC at Lumen Field and Portland Timbers squaring off against San Diego FC. With playoff spots tightening, every point is gold right now. Which Western clubs make their move tonight?
Lilly obliterated Q2 estimates: $23B revenue (+48% YoY), EPS of $8.38 vs the $6.07 consensus. Mounjaro alone hauled in $9.9B (up 91%) and Zepbound added $4.9B in U.S. weight-loss revenue. Full-year guidance raised to $85โ87B. With GLP-1 demand still accelerating globally, is the best of the Lilly trade still ahead โ or fully priced in? Not financial advice.
The June nonfarm payrolls report is the biggest macro event of the week, dropping at 8:30am ET this morning. Street consensus is +115K jobs vs May's strong +172K, with unemployment expected to hold at 4.3%. ADP already rang the warning bell Wednesday โ just 98K private payrolls vs 110K expected, the softest read in months. A miss could revive Fed rate-cut bets and lift rate-sensitives; a hot number could push the dollar higher and pressure tech. Not financial advice. Bullish or bearish heading into the print?