--- title: "Nasdaq Falls Over 100 Points; Eli Lilly Shares Gain On Upbeat Earnings" type: "News" locale: "en" url: "https://longbridge.com/en/news/294991938.md" description: "U.S. stocks traded mixed with the Nasdaq falling over 100 points, while the Dow rose 0.79%. Eli Lilly shares gained over 5% after beating Q2 earnings and sales estimates. Digital Turbine surged 43%, Bloomin’ Brands rose 35%, and Flotek Industries gained 27% on strong results. Conversely, Tigo Energy dropped 43% and Limbach Holdings fell 27% due to weak guidance. Commodities saw oil down 0.4% and gold up 2.5%. European and Asian markets mostly closed higher." datetime: "2026-08-05T15:58:17.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/294991938.md) - [en](https://longbridge.com/en/news/294991938.md) - [zh-HK](https://longbridge.com/zh-HK/news/294991938.md) --- # Nasdaq Falls Over 100 Points; Eli Lilly Shares Gain On Upbeat Earnings U.S. stocks traded mixed midway through trading, with the Nasdaq Composite falling over 100 points on Wednesday. The Dow traded up 0.79% to 54,514.16 while the NASDAQ fell 0.44% to 26,467.77. The S&P 500 also fell, dropping, 0.07% to 7,731.26. **Leading and Lagging Sectors** Materials shares jumped by 2% on Wednesday. In trading on Wednesday, energy stocks fell by 1.1%. **Top Headline** **Eli Lilly And Co** (NYSE:LLY) shares gained over 5% on Wednesday after the company reported better-than-expected second-quarter financial results. Eli Lilly reported quarterly earnings of $8.38 per share which beat the analyst consensus estimate of $6.01 per share. The company reported quarterly sales of $22.974 billion which beat the analyst consensus estimate of $20.725 billion. **Equities Trading UP**            - **Digital Turbine Inc (NASDAQ:APPS)** shares shot up 43% to $13.68 after the company reported better-than-expected first-quarter financial results and raised its FY27 sales guidance above estimates. - Shares of **Bloomin’ Brands Inc** (NASDAQ:BLMN) got a boost, surging 35% to $12.03 after the company reported better-than-expected second-quarter financial results and raised its FY26 EPS guidance. - **Flotek Industries Inc (**NYSE:FTK) shares were also up, gaining 27% to $35.75 after the company reported better-than-expected second-quarter financial results and raised its FY26 sales guidance above estimates. **Equities Trading DOWN** - **Tigo Energy Inc (**NASDAQ:TYGO) shares dropped 43% to $1.17 after the company reported mixed second-quarter results and cut its FY26 sales guidance below estimates. - Shares of **Limbach Holdings Inc (**NASDAQ:LMB) were down 27% to $56.60 after the company reported worse-than-expected second-quarter financial results. - **Advantage Solutions Inc** (NASDAQ:ADV) was down, falling 28% to $30.01 following second-quarter results. **Commodities** In commodity news, oil traded down 0.4% to $75.46 while gold traded up 2.5% at $4,254.50. Silver traded up 3.5% to $62.355 on Wednesday, while copper rose 0.5% to $6.6770. **Euro zone** European shares were mostly higher today. The eurozone’s STOXX 600 gained 0.2%, while Spain’s IBEX 35 Index rose 0.2% London’s FTSE 100 gained 0.2%, Germany’s DAX gained 0.2%, while France’s CAC 40 slipped 0.01%. **Asia Pacific Markets** Asian markets closed higher on Wednesday, with Japan’s Nikkei 225 gaining 3.66%, Hong Kong’s Hang Seng index rising 0.24%, China’s Shanghai Composite rising 1.47% and India’s BSE Sensex rising 0.19%. **Economics** - U.S. private businesses added 44,000 jobs in July, compared to a revised 95,000 gain in the previous month and down from market estimates of 70,000. - The S&P Global composite PMI surged to 54.5 in July from 51.9 in the previous month, exceeding the preliminary reading of 53.6. - The ISM services PMI rose to 54.1 in July from 54 in June and down from market estimates of 54.5. _Photo via Shutterstock_ ### Related Stocks - [LMB.US](https://longbridge.com/en/quote/LMB.US.md) - [APPS.US](https://longbridge.com/en/quote/APPS.US.md) - [FTK.US](https://longbridge.com/en/quote/FTK.US.md) - [LLY.US](https://longbridge.com/en/quote/LLY.US.md) - [BLMN.US](https://longbridge.com/en/quote/BLMN.US.md) - [TYGO.US](https://longbridge.com/en/quote/TYGO.US.md) - [GLDW.US](https://longbridge.com/en/quote/GLDW.US.md) - [ELIS.US](https://longbridge.com/en/quote/ELIS.US.md) - [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md) - [IAU.US](https://longbridge.com/en/quote/IAU.US.md) - [GLDM.US](https://longbridge.com/en/quote/GLDM.US.md) - [QQQM.US](https://longbridge.com/en/quote/QQQM.US.md) - [QQQ.US](https://longbridge.com/en/quote/QQQ.US.md) - [UGL.US](https://longbridge.com/en/quote/UGL.US.md) - [LLYZ.US](https://longbridge.com/en/quote/LLYZ.US.md) - [UCO.US](https://longbridge.com/en/quote/UCO.US.md) - [SCO.US](https://longbridge.com/en/quote/SCO.US.md) - [DIA.US](https://longbridge.com/en/quote/DIA.US.md) - [GLL.US](https://longbridge.com/en/quote/GLL.US.md) - [SGOL.US](https://longbridge.com/en/quote/SGOL.US.md) - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [ELIL.US](https://longbridge.com/en/quote/ELIL.US.md) - [LLYX.US](https://longbridge.com/en/quote/LLYX.US.md) - [GLD.US](https://longbridge.com/en/quote/GLD.US.md) - [GOLD.AU](https://longbridge.com/en/quote/GOLD.AU.md) - [BNO.US](https://longbridge.com/en/quote/BNO.US.md) - [USOI.US](https://longbridge.com/en/quote/USOI.US.md) - [USO.US](https://longbridge.com/en/quote/USO.US.md) - [DDM.US](https://longbridge.com/en/quote/DDM.US.md) - [UDOW.US](https://longbridge.com/en/quote/UDOW.US.md) - [DOG.US](https://longbridge.com/en/quote/DOG.US.md) - [SDOW.US](https://longbridge.com/en/quote/SDOW.US.md) - [DXD.US](https://longbridge.com/en/quote/DXD.US.md) - [ONEQ.US](https://longbridge.com/en/quote/ONEQ.US.md) - [QQEW.US](https://longbridge.com/en/quote/QQEW.US.md) - [QQQE.US](https://longbridge.com/en/quote/QQQE.US.md) - [TQQQ.US](https://longbridge.com/en/quote/TQQQ.US.md) - [QLD.US](https://longbridge.com/en/quote/QLD.US.md) - [PSQ.US](https://longbridge.com/en/quote/PSQ.US.md) - [SQQQ.US](https://longbridge.com/en/quote/SQQQ.US.md) - [QID.US](https://longbridge.com/en/quote/QID.US.md) - [518850.CN](https://longbridge.com/en/quote/518850.CN.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [ADV.US](https://longbridge.com/en/quote/ADV.US.md) - [00HSI.HK](https://longbridge.com/en/quote/00HSI.HK.md) - [ADVWW.US](https://longbridge.com/en/quote/ADVWW.US.md) ## Related News & Research - [Community Financial Services Group LLC Acquires 1,774 Shares of Eli Lilly and Company $LLY](https://longbridge.com/en/news/295504105.md) - [Sarasin & Partners LLP Sells 11,349 Shares of Eli Lilly and Company $LLY](https://longbridge.com/en/news/295214848.md) - [Eli Lilly SVP Finance & CAO Donald A. 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