Eli Lilly, Caterpillar, and Google all posted strong results in the latest earnings round, with their stocks rising sharply on the news. Eli Lilly's gains were driven by surging demand for its weight-loss drug portfolio, which pushed revenue and profits above expectations. Caterpillar reported solid numbers, suggesting continued strength in industrial and construction equipment demand. Google's parent Alphabet also surged, signaling robust advertising or cloud revenue, though specific figures were not provided in the source. The weight-loss drug category has become one of the fastest-growing segments in pharmaceuticals, and Eli Lilly's results reinforce that commercial momentum. Caterpillar's performance is often read as a proxy for broader infrastructure and capital spending cycles. Google's jump adds to evidence that digital advertising has held up better than feared. Investors will watch whether Eli Lilly raises full-year guidance on the back of weight-loss drug demand, and whether Google's strength holds across its next quarter.
Indian startups raised $5.2 billion across 501 deals in H1 2026, down 9% in value but up 7% in deal count year-on-year, per the Inc42 Indian Tech Startup Funding Report. The drop is driven by fewer mega-rounds, while AI funding surged 317% and growth-stage deal activity hit a multi-year high.
The BSE Sensex fell 893 points and the Nifty 50 shed 279 points on June 30, 2026, wiping out roughly Rs 6 lakh crore in investor wealth in a single session. Both indices dropped 1.16%, closing at 76,200.68 and 23,824.10 respectively.
Kotak Mahindra Bank shares fell nearly 3% to Rs 397.6 after CEO Ashok Vaswani announced plans to exit the bank. Investor concern now centres on succession timing and whether the bank's ongoing digital and deposit-growth strategy will stay on track.
South Korea's Kospi dropped 3% at Monday's open while Japan's Nikkei fell 1%, as escalating US-Iran conflict triggered a broad risk-off move across Asian markets. South Korea's heavy reliance on Middle East oil imports makes it especially vulnerable to geopolitical shocks of this kind.
