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Bank of America (BAC) expects Q2 sales and trading revenue to rise about 15% Y/Y

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CEO said the bank has used more of its balance sheet to support trading and invested in technology, after promoting Denis Manelski and Soofian Zuberi as global markets co-heads.

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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