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JPMorgan is Overweight on Broadcom (AVGO), PT of USD 580/shr. writing "Ignore The Noise - TPU v9 2nm ASIC Program On Track For CY28 Ramp - NO Delays; Secures Next Four Generations of TPU (And Increasing Revenues) On Prior GOOG/AVGO Five-Year Agreement"

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U.S. Markets

Eli Lilly (LLY) Q2 2026 (USD): Adj. EPS 8.38 (exp. 6.01), Revenue 23bln (exp. 20.7bln)

LLYGeopolitics

Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement

Geopolitics

The draft agreed to by Iranian and Omani negotiators awaits final approval from Iran’s supreme leader, two regional officials told The Associated Press on Wednesday