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Cato (NYSE:CATO) reported a substantial increase in its first-quarter net income for fiscal 2026, significantly bolstered by a millions-of-dollars tariff refund, even as management cautioned that macroeconomic pressures are weighing on its consumer base.

Eli Lilly (NYSE:LLY) announced historic topline results from its Phase 3 TRIUMPH-1 clinical trial, showing that its next-generation investigational drug, retatrutide, helped adults with obesity or overweight lose an average of up to 30.3% of their body weight.

Iran's Supreme Leader says its enriched uranium must stay in the country, Reuters is reporting this morning. Those headlines sent oil prices higher. On Wednesday President Donald Trump said the US was in the "final stages" with Iranian diplomacy. Bloomberg's Annmarie Hordern reports.

Kontoor Brands (NYSE:KTB) has signed a definitive agreement to sell its iconic Lee® apparel business to Authentic Brands Group in a transaction valued at up to $1 billion, marking a significant strategic shift for the apparel manufacturer.

Advanced Drainage Systems (NYSE:WMS) reported a 9.9% increase in net sales for the fourth quarter of fiscal 2026, driven by growth in its core stormwater segment and recent acquisition volume, even as transaction and restructuring costs dragged down its bottom-line net income.

Advance Auto Parts (NYSE:AAP) reported a significant turnaround in operating profitability for the first quarter of 2026, leveraging steady retail transactions and a cleaner operational cost profile to move past heavy restructuring expenses from the prior year.

Deere & Company (NYSE:DE) reported a 5% increase in worldwide net sales and revenues for the fiscal second quarter of 2026, beating consensus Wall Street projections despite persistent cyclical cooling and shifting volume dynamics in the global agricultural sector.

AH Realty Trust (NYSE:AHRT) completed the sale of nine multifamily properties to affiliates of Harbor Group International for a gross transaction price of $485 million, advancing its long-term strategic pivot away from residential real estate.

Shoe Carnival (NASDAQ:SCVL) slipped into a GAAP net loss for the first quarter of 2026, weighed down by one-time executive transition costs and asset write-offs related to a strategic overhaul of its retail store fleet.

Equity Residential (NYSE:EQR) and AvalonBay Communities announced a definitive agreement on Thursday to combine in an all-stock merger of equals, forming a massive domestic rental housing operator with unprecedented institutional scale.

ZKH Group (NYSE:ZKH) reported broad top-line expansion and significant structural improvements in profitability for the first quarter of 2026, driven by a steady influx of enterprise buyers using its digital procurement network.

SpaceX filed publicly for what stands to be the largest-ever initial public offering, revealing billions in losses and a super-voting share plan allowing Elon Musk to keep the company under his control. The rocket, satellite and artificial intelligence giant has reported a net loss of $4.28 billion on revenue of $4.69 billion for the first quarter. Some investors remain doubtful whether the sum of Musk's aspirations for SpaceX are worth valuing at as much as $2 trillion. Bloomberg's Charlie Wells discusses on "The Pulse with Francine Lacqua."