Tag Archives: Offsetting

Amazon (AMZN) crushed Q3 estimates with better-than-expected net sales, profits, and subscription revenues, and more importantly, a beat on the company’s AWS, all of which offset compressed margins and launched shares sharply higher in after-hours trading. The e-commerce giant earned Source link

Key Takeaways Results from a late-stage trial of Eli Lilly’s experimental weight loss pill were disappointing, sending shares of the drugmaker tumbling. The study found average weight loss from the treatment was below that of rival Novo Nordisk’s Wegovy. The news offset Lilly’s much better-than-expected quarterly results and guidance boost. Ely Lilly (LLY) shares sank 14% Thursday when the pharmaceutical …