Citius Oncology Beats Fiscal Q3 EPS

Citius Oncology (Nasdaq: CTOR) said it is expanding its LYMPHIR launch team, adding 21 field commercial professionals and eight medical science liaisons, with nationwide onboarding expected by August 2026. The buildout was facilitated by May 2026 financing and executed by EVERSANA. The company cites near 100% payer coverage and expects continued order and patient adoption growth in 2H 2026.

Stock futures edged higher after Monday’s decline as investors awaited AI-related earnings. Oil prices wavered after hopes for an Iran deal faded. Intel (INTC) raised its stock offering to $20B, pricing about 210.53M shares at $95. Riot Platforms (RIOT) jumped after results and a $9.1B, 20-year Anthropic compute deal. Several AI-linked earnings were scheduled.

Jefferies analyst Akash Tewari upgraded Eli Lilly (LLY) to a Buy, raising its price target to $1,440 from $1,115.68. The article cites Q2 results: revenue about $23B vs $20.7B consensus, EPS $8.38 vs $6.68, and raised FY2026 guidance to $85-87B. It also notes Mounjaro and Zepbound beats and UK approval of Foundayo.

Pfizer agreed to a $44 million class-action settlement over Chantix, alleging the drug was contaminated with a nitrosamine due to alleged failures to follow current good manufacturing practices. The deal covers U.S. and territory purchases from Sept. 29, 2015 to Sept. 17, 2021, with claims due by Sept. 14, 2026, and a final approval hearing set for Oct. 13, 2026.

The U.S. Space Force’s Space Systems Command awarded a second task order under its Space-Based Sensing and Targeting portfolio totaling $615 million, as part of three initial firm-fixed-price other transaction agreements. Awardees include Rocket Lab and STR LLC, plus a third unnamed company. The program aims to diversify vendors and develop airborne moving-target indicator capabilities for the Joint Force.

Oracle is preparing another round of layoffs, according to Business Insider citing internal documents and people familiar with the plans. The company cut about 21,000 jobs, or 13%, in fiscal 2026 ended May 31. Oracle says AI adoption may reduce workforce. It invested $55.7B in infrastructure, recorded $1.84B severance, and expects ~$70B capex plus ~$40B more funding.