Moderna, JFrog, TransMedics, Ubiquiti And Other Big Stocks Moving Higher On Friday
U.S. stocks rose, Nasdaq gained ~400 points. Moderna jumped 9.1% on strong Q3 results and higher FY26 guidance; other stocks rallied on results and deals.
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Shares of AI cloud services companies are trading lower after reports suggesting that OpenAI's annualized revenue is approximately $20 billion less than previously indicated, which may dampen the demand outlook for suppliers of turnkey compute capacity.
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