Comcast Slides After CFO Says Q3 Broadband Losses Unlikely to Improve
Comcast fell after its CFO said Q3 broadband losses won’t improve year over year, citing fiber pricing, faster overbuild, and weaker Orlando demand.
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#Event-Driven Stocks↓
Meta Extends Rally After Rolling Out Muse Personal AI Agent
Meta’s Muse AI agent can shop, send emails and book travel, while analysts say it could take market share from Amazon and Alphabet and pose a potential threat to Shopify.
Lyft Names Longtime Executive Michael Brous as New CFO After Erin Brewer Retires
Analysts remain cautious on scale.
Analog Devices to Buy Alif Semiconductor for $1.35 Billion, Adding On-Device AI
The deal adds on-device AI to ADI’s analog chips for robots, sensors and wearables.
Chime to Buy Stride Bank for $590 Million and Bring Banking In-House
Stride becomes Chime Bank, N.A. $100M+ synergies expected. Immediately accretive. Closes H1 2027.
Circle Buys Tazapay to Speed Up USDC Payments Into Local Banks
Circle will pay about $400 million in stock for Tazapay, adding 100+ local payout markets and last-mile banking rails to speed USDC adoption.