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NASDAQ:RVTY 10 January 2026

Lilly’s TuneLab AI drug platform lands in Schrödinger LiveDesign as biotech access broadens

Lilly’s TuneLab AI drug platform lands in Schrödinger LiveDesign as biotech access broadens

Schrödinger will integrate Eli Lilly’s AI drug discovery platform, TuneLab, into its LiveDesign software, giving biotech teams direct access to Lilly’s predictive models. Revvity and Benchling also announced deals to offer TuneLab through their platforms. Lilly and Revvity will jointly fund access for select users, using federated learning to protect data. BigHat Biosciences will collaborate with Lilly to improve antibody developability models.

Stock Market Today

  • Reliance Industries Posts Strong Earnings Amid Share Dilution and One-Off Gains
    May 1, 2026, 1:54 AM EDT. Reliance Industries Limited posted robust profits, with a 16% net income increase over 12 months. However, the company's shares increased by 6.5%, diluting earnings per share (EPS), which also rose 16%. This dilution may limit shareholder value despite profit growth. Unusual items contributed ₹89 billion to last year's net profit, raising concerns about sustainability as such gains often do not recur. Analysts and investors should monitor EPS trends closely, as persistent profit gains without EPS growth might not translate into long-term share price appreciation. The firm's earnings growth annualized at 22% over three years, but caution remains on future results due to one-off profit boosts.

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Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 01.05.2026

1 May 2026
LIVEMarkets rolling coverageStarted: May 1, 2026, 12:00 AM EDTUpdated: May 1, 2026, 2:04 AM EDT Reliance Industries Posts Strong Earnings Amid Share Dilution and One-Off Gains May 1, 2026, 1:54 AM EDT. Reliance Industries Limited posted robust profits, with a 16% net income increase over 12 months. However, the company's shares increased by 6.5%, diluting earnings per share (EPS), which also rose 16%. This dilution may limit shareholder value despite profit growth. Unusual items contributed ₹89 billion to last year's net profit, raising concerns about sustainability as such gains often do not recur. Analysts and investors should monitor EPS trends
Sandisk Stock Falls After Blowout Q3 Earnings as AI Storage Rally Hits a High Bar

Sandisk Stock Falls After Blowout Q3 Earnings as AI Storage Rally Hits a High Bar

1 May 2026
Sandisk shares dropped about 6% in after-hours trading Thursday despite reporting fiscal Q3 revenue of $5.95 billion, up 251% from a year earlier, and net income of $3.62 billion. The company announced a $6 billion buyback and forecast Q4 revenue of up to $8.25 billion. Gross margin rose to 78.4%. Shares had closed at $1,096.51 before slipping to about $1,030.
Apple Stock Slips After Earnings Beat as iPhone Supply Snag Clouds $100 Billion Buyback

Apple Stock Slips After Earnings Beat as iPhone Supply Snag Clouds $100 Billion Buyback

1 May 2026
Apple reported fiscal Q2 revenue of $111.2 billion and earnings of $2.01 per share, beating analyst estimates. The board approved a $100 billion share buyback and raised the dividend. Shares fell about 1% after hours as iPhone sales missed forecasts and chip supply remained tight. Investors are watching for clarity on AI strategy and the upcoming CEO transition to John Ternus.
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