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FedEx (FDX) initiates calendar 2026 adjusted EPS from cont. ops guidance of between USD 16.90-18.10, management says this implies around a 20% adjusted EPS growth in the June through December transition year as moves to a December 31st fiscal year-end

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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