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Eli Lilly on Thursday hiked its 2025 guidance and posted second-quarter earnings that topped estimates on strong demand for its blockbuster weight loss and diabetes drugs.The company raised its fiscal 2025 sales guidance to $60 billion to $62 billion, from a previous outlook of $58 billion to $61 billion on underlying strength across its business. The pharmaceutical giant also expects its adjusted fiscal 2025 earnings to come in between $21.75 and $23, up from previous guidance of $20.78 to $22.28 per share. Eli Lilly said the guidance reflects President Donald Trump’s existing tariffs as of Aug. 7, but does not include his planned…
by Lacey Pfalz Last updated: 10:55 AM ET, Thu August 7, 2025 Cruise line Crystal has announced that the Crystal Symphony will undergo a three-week drydock this November, during which public spaces and two suite categories will be refreshed ahead of the line’s second annual Wellness Retreat sailings. The ship’s Aquamarine and Sapphire Classic suites on Deck 10 will be refurbished with new furniture that closely aligns with the ship’s 2023 renovation. Designed by De Wave Group, guests will also see new carpet and wall coverings in these suites. Their existing layout and separate bathtub/shower bathroom configuration will stay the same. …
Elad Gil isn’t just ahead of the curve — he practically lives there. Before most of the world had even asked ChatGPT its first question, Gil was writing early checks into companies like Perplexity, Character.AI, and Harvey. And that’s just a slice of the story. His track record includes seed or Series A investments in more than 30 unicorns and involvement with some of the most iconic names in tech — Stripe, Airbnb, Coinbase, Instacart, Notion, Figma, Flexport, GitLab, and many more. This October, Gil takes the Disrupt Stage at TechCrunch Disrupt 2025 in San Francisco for a fireside chat…
Warren Buffett, Bill and Melinda Gates, in an interview on May 5, 2015CNBCA version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.In June 2010, Bill Gates, Melinda French Gates and Warren Buffett started what could be described as the world’s most ambitious fundraising drive. After promising to give away the vast majority of their wealth, the trio asked their ultra-wealthy peers to pledge at least half of their assets to charity during their lifetimes or in their estates.In…
AI startup Perplexity is powering a new AI-powered search engine on Truth Social, President Donald Trump’s social media platform. The search engine, dubbed Truth Search AI, is already available on the web version of Truth Social, with public Beta testing on its iOS and Android apps planned for “the near future.” Trump Media said in a press release that Perplexity’s tech provides “direct, contextually accurate answers with transparent citations” which will help Truth Social “exponentially increase the amount of information available” to users. Nonetheless, the social media platform maintains control over which sources of information the AI search engine draws…
Facebook Tweet Email Link Israel’s security cabinet is meeting to decide on a full reoccupation of Gaza, a move that would mark a major escalation of the conflict after nearly two years of war in the territory. Despite international pressure, opposition from the Israeli military and domestic fears the operation will endanger hostages, Prime Minister Benjamin Netanyahu has pushed for a complete takeover of the besieged enclave. In an interview with Fox News shortly before the security cabinet meeting, Netanyahu was asked whether Israel plans to take military control of all of Gaza. “We intend to,” Netanyahu said. He claimed…
WASHINGTON (AP) — President Donald Trump plans to sign an executive order requiring colleges to submit data to prove they do not consider race in admissions, according to a fact sheet shared by the White House ahead of the Thursday signing.In 2023, the Supreme Court ruled against the use of affirmative action in admissions but said colleges may still consider how race has shaped students’ lives if applicants share that information in their admissions essays. Trump’s Republican administration is accusing colleges of using personal statements and other proxies to consider race.The executive order is similar to parts of settlement agreements…
Warner Bros. Discovery’s earnings got a boost from its film studios after a handful of box-office hits during the second quarter.The period from April though June saw the releases of “A Minecraft Movie,” “Sinners,” “Final Destination: Bloodlines” and “F1,” which together generated $2 billion in the global box office to date, the company said Thursday.WBD reported total revenue for the studios segment — which also includes distributing TV content — increased 55% during the quarter to $3.8 billion, with theatrical revenue up 38%, excluding the impact of foreign currency exchange, because of the higher box-office revenue.Adjusted earnings before interest, taxes,…
Racing fans now have the option to purchase a single-day ticket for the Formula 1 Heineken Las Vegas Grand Prix event.A variety of grandstand and general admission ticket choices will be available to the public starting August 14 at 10 a.m. PDT for the 2025 race taking place November 20-22. American Express-the official partner of F1 is offering card members Amex Presale Tickets beginning August 6 at 10 a.m. PDT through August 8 at 9:59 PDT. “Offering single-day ticket options is an important part of our efforts to make race weekend more accessible—especially for local fans,” said Emily Prazer, President…
Duolingo announced on Wednesday that it beat its quarterly revenue estimates, even though the company faced widespread backlash for choosing to embrace generative AI over human workers. Duolingo stock rose almost 30% on the news. In April, CEO Luis von Ahn shared that Duolingo would become an “AI-first” company, phasing out its use of contract workers. He also discouraged teams from hiring more employees, unless the team is unable to automate more of its work. With the use of generative AI, Duolingo introduced 148 new language courses, more than doubling its previous offerings. “Without AI, it would take us decades…