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Eli Lilly on Thursday reported third-quarter earnings and revenue that topped estimates and hiked its full-year outlook, as the company continued to see strong demand for its blockbuster weight loss drug Zepbound and diabetes treatment Mounjaro.Shares of the company rose more than 3% on Thursday.The pharmaceutical giant now expects its fiscal 2025 revenue to come in between $63 billion and $63.5 billion, up from previous guidance of $60 to $62 billion. Eli Lilly also expects full-year adjusted profit to come in between $23 and $23.70 per share, rising from its previous outlook of $21.75 to $23 a share.Eli Lilly said…

LEAD PICTUREThis report is from this week’s CNBC’s “Inside India” newsletter, which brings you timely, insightful news and market commentary on the emerging powerhouse. Subscribe here.The big story31-year-old Aarushi Kilawat is a fashion entrepreneur from India’s Jaipur, a small city with less than 5 million residents — a far cry from Indian metropolises like Mumbai, Delhi and Bengaluru.Her brand, The Loom Art, works with over 500 artisans to make apparel from handwoven or hand-embroidered fabrics found across India’s small towns since 2018.These clothes end up in high-end stores of Mumbai, India’s financial capital, with a population of over 20 million, and…

Jamie Redknapp has called on Liverpool to show character as they look to recover from a sixth defeat in seven matches after their Carabao Cup exit at the hands of Crystal Palace on Wednesday.Arne Slot’s decision to make 10 changes and leave star players out of the squad against Palace backfired at Anfield, with Redknapp calling it a “big mistake”. The result extends Liverpool’s dreadful run and it doesn’t get any easier for the reigning Premier League champions with games against Aston Villa, Real Madrid and Man City in the next week.Speaking on Sky Sports, when asked about Slot’s team…

U.S. President Donald Trump speaks to members of the media aboard Air Force One on October 30, 2025 in flight.Andrew Harnik | Getty Images News | Getty ImagesShares of U.S.-listed rare earths miners rallied on Thursday after China agreed to delay the introduction of further export controls as part of an agreement reached between President Donald Trump and Chinese leader Xi Jinping.Critical Metals jumped nearly 7% in the premarket, USA Rare Earth rose around 6% and Energy Fuels was up 3%. MP Materials and NioCorp Developments, meanwhile, were both seen around 3% higher.The moves come shortly after Trump declared that…

Merck on Thursday reported third-quarter earnings and revenue that topped estimates as it saw strong demand for its cancer immunotherapy Keytruda.The drugmaker also narrowed its full-year profit outlook to reflect lower estimated tariff costs, among other factors. Shares of Merck closed flat on Thursday. Sales of Keytruda topped $8 billion for the first time in a quarter, rising 10% from the same period a year ago. Revenue from the drug of $8.14 billion came in just slightly under the $8.24 billion analysts were expecting, according to StreetAccount estimates. The results come as Merck slashes $3 billion in costs by the end…

A general view of a Tim Hortons Drive-Thru coffeehouse and restaurant at Lakeside Retail Park on February 5, 2024 in Grays, United Kingdom.John Keeble | Getty ImagesRestaurant Brands International on Thursday reported quarterly earnings and revenue that beat analysts’ expectations, fueled by growth of its international restaurants and Tim Hortons.Combined, the two divisions account for roughly 70% of the company’s earnings, according to CEO Josh Kobza.Like many restaurants, the company has seen low- and middle-income consumers spend less on dining in recent quarters. Diners didn’t change their behavior in the third quarter, but executives credited sticking to their strategy and avoiding the…

UNIVERSAL STUDIOS, ORLANDO, FLORIDA, UNITED STATES – 2019/07/18: Comcast sign logo in the wall of a building at Universal Studios. (Photo by Roberto Machado Noa/LightRocket via Getty Images)Roberto Machado Noa | Lightrocket | Getty ImagesComcast topped Wall Street earnings and revenue estimates for the third quarter on Thursday, but revealed widespread pressures in its broadband unit that spooked investors.The company said it lost 104,000 domestic broadband customers during the period, bringing its total subscriber base to roughly 31.4 million. This marked the fourth quarter in a row that Comcast failed to grow its broadband customer base. Earlier this year the company…

U.S. Treasury yields pushed higher on Thursday as investors studied the Federal Reserve’s second interest rate reduction this year and the outlook for the central bank’s next policy meeting in December.The benchmark 10-year Treasury yield climbed more than 3 basis points to 4.089%. The 2-year Treasury note yield was also higher by more than 2 basis points to 3.61%. The 30-year bond yield added more than 4 basis points to 4.644%.One basis point equals 0.01%, or 1/100th of 1%, and yields and prices move inversely to one another.Investors weighed the central bank’s latest interest rate cut made Wednesday, which lowered its benchmark fed funds overnight lending rate…

Pedestrians wear protective face masks while passing stores and cafes on Rue Montorgueil in Paris, France, on Wednesday, Aug. 26, 2020.Bloomberg | Bloomberg | Getty ImagesThe euro zone economy eked out 0.2% growth in the third quarter, just beating expectations, according to flash data from Eurostat on Thursday.Economists polled by Reuters had anticipated the bloc’s economy to expand by 0.1% between July and September.The euro was up 0.16% against the dollar, at $1.1618, following the data. Growth in the single currency area was boosted by Spain and France, with the former reporting a 0.6% expansion in the third quarter and the latter registering 0.5% growth…

Brian Roberts, chairman and CEO of Comcast, attends the annual Allen & Co. Media and Technology Conference in Sun Valley, Idaho, July 9, 2025.David A. Grogan | CNBCComcast clued investors in to its potential M&A aspirations on Thursday. In short, executives think a deal could get done, despite recent naysaying.Comcast is among the interested parties in a potential deal for Warner Bros. Discovery. WBD — the owner of TNT Sports, CNN, HBO, Warner Bros. studio and other media assets — officially put itself up for sale after “receiving interest from multiple parties,” WBD CEO David Zaslav said in a statement…