Moderna Lowers 2025 Revenue Forecast but Beats Q3 Expectations
Moderna cut its 2025 revenue forecast due to weak U.S. COVID-19 vaccine sales but beat Wall Street’s Q3 estimates, lifting shares premarket.
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Lyft Forecasts Strong Growth as Bookings Surge and Global Expansion Gains Momentum
Lyft projects up to $5.13 billion in Q4 bookings, signaling strong growth, expanding into Europe via Freenow, and boosting customer loyalty with new rewards and luxury ride options.
SoftBank Eyes Marvell in Potential $100B Chip Industry Mega-Deal
SoftBank explored acquiring US chipmaker Marvell Technology to combine with Arm Holdings, eyeing AI chip market dominance in what could be the semiconductor industry's largest-ever deal.
Oscar Health Posts $137M Q3 Loss But Eyes 2026 Profitability Return
Oscar Health reports third quarter loss amid rising healthcare costs but plans return to profitability in 2026 through rate increases and market expansion in ACA insurance space.
Schwab Acquires Forge Global for $660M to Democratize Private Markets
Charles Schwab is acquiring Forge Global for $660 million to make investing in private companies easier and more accessible. This deal aims to bring private market opportunities to more eligible investors.
DigitalOcean Soars on Stellar Q3 Results and BofA Double Upgrade
On Wednesday, DigitalOcean (DOCN) stock jumped 18% to $45.81 after the company crushed earnings expectations and received a double upgrade from Bank of America.