- Shares of The Bank of Nova Scotia (BNS) jumped 7.1% after the company reported third-quarter fiscal 2025 earnings of $1.37 per share, beating the Zacks Consensus Estimate of $1.28 per share.
- Semtech Corporation’s (SMTC) shares soared 15.1% after the company reported second-quarter fiscal 2026 earnings of $0.41 per share, surpassing the Zacks Consensus Estimate of $0.4 per share.
- Shares of Eli Lilly and Company (LLY) gained 5.9% after the company said that its experimental drug cut body weight in diabetes patients by 10.5%.
- EchoStar Corporation’s (SATS) shares surged 70.3% after AT&T Inc. (T) said it will buy certain wireless spectrum licenses from the company for $23 billion.
Beyond Nvidia: AI's Second Wave Is Here
The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. Little-known AI firms tackling the world's biggest problems may be more lucrative in the coming months and years.
See "2nd Wave" AI stocks now >>AT&T Inc. (T) : Free Stock Analysis Report
Eli Lilly and Company (LLY) : Free Stock Analysis Report
Semtech Corporation (SMTC) : Free Stock Analysis Report
EchoStar Corporation (SATS) : Free Stock Analysis Report
Bank of Nova Scotia (The) (BNS) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
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