10 things to watch in the stock market Friday including Eli Lilly defense and Tesla's shakeup
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Several analysts on Wall Street came to the defense of Eli Lilly, and a Tesla executive leading its supercomputer team is leaving.
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August 8, 2025
12:53 PM
CNBC
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The 's 10 things to watch Friday, Aug. 8 — Today's was written by Jeff Marks, director of portfolio analysis 1
The S & P 500 is pointing to a higher open this morning after a modest pullback yesterday, keeping the index on track for a positive week
The Dow, after a sharp reversal yesterday, also was on track for a positive open. 2
Several analysts def name Eli Lilly after yesterday's 14% plunge on disappointing data for its obesity pill
Morgan Stanley called it "overdone
JPMorgan said the pullback creates a "compelling entry point." Goldman Sachs said the sell-off implies the pill is an impaired asset, which simply isn't the case
We downgraded Lilly yesterday
Lilly s were up 1.7% in the premarket. 3. s of The Trade Desk sank 30% this morning
The digital advertising company beat analyst estimates on revenue and adjusted EBITDA, but guided for slowing revenue growth in the third quarter
Bank of America double downgraded s to underperform, citing an uncertain trajectory from here and competitive pressures from name Amazon . 4
Texas Roadhouse posted strong second-quarter same-store sales growth and said the third quarter is off to a better-than-expected start
However, beef inflation is eating into fits, but that should not have been a surprise to anyone
We reiterated our hold-equivalent rating last night in our analysis for members. 5
Tesla is up its Dojo supercomputer team, Bloomberg News reported, as leader Peter Bannon leaves the electric vehicle maker
As a result, the report said Tesla will increase its reliance on name Nvidia and peer AMD for computing power. 6. s of Expedia surged nearly 15% this morning after the travel company reported a strong second-quarter earnings beat and raised its full-year outlook for bookings, revenue and operating fitability
Ad sales helped helped drive the results. 7
Take-Two Interactive's bookings exceed the high end of guidance
The -game publisher reaffirmed that "Grand Theft Auto 6" is due out May 26, 2026
There were no on pricing for the long-awaited game, which is more than a decade in the making. s popped more than 4%. 8
Pinterest s fell nearly 13% this morning after a mixed quarter
The digital pinboard's revenue slightly beat expectations but earnings per came up a few cents short
Global monthly active users were better than expected, but missed in the U.S. and Canada. 9
Melius Re increased its price target on name Apple price target to $260 a from $240
The firm also raised its fiscal 2026 earnings per estimates thanks to higher gross margins
Apple s have climbed 8.4% over the past two sessions ing its U.S. investment pledges . 10. stock Meta Platforms turned to PIMCO and Blue Owl Capital to lead a $29 billion financing deal to help fund its data center development
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