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Shares of Lyft Inc. fell on Wednesday after the company revealed its intention to acquire the bikeshare business of Serveo in Spain. The deal will expand Lyft's micromobility operations into Europe for the first time.
Shares of Widepoint Corp. fell sharply on Wednesday after a regulatory filing revealed that a company director had sold 15,000 shares of common stock. The sale preceded a 12.2% drop in the company's stock price.
European planemaker Airbus reported delivering 351 aircraft in the first half of the year, a 15% increase from the same period in 2025. The company remains on track to meet its annual delivery goals despite persistent supply chain challenges.
The price of Bitcoin fell on Wednesday following an escalation in tensions between the United States and Iran, which dampened investor appetite for risk assets. The decline coincided with remarks from U.S. President Donald Trump declaring a ceasefire agreement with Tehran was 'over.'
U.S. crude oil stockpiles increased by 3 million barrels last week, contrary to analyst predictions for a decrease, according to a report from the Energy Information Administration. Meanwhile, inventories of gasoline and distillates both fell.
Shares of Definium Therapeutics rallied after investment firm Stifel doubled its price target for the stock to $60. The upgrade was prompted by stronger-than-expected Phase 3 clinical data for the company's lead depression drug candidate, DT120.
Shares of digital infrastructure company TeraWulf rebounded sharply, climbing over 11% as multiple analysts raised their price targets following a transformative 20-year lease agreement with AI firm Anthropic.
France's competition authority has directed Meta Platforms to re-enter negotiations with French media groups regarding unpaid fees for the use of their online content. The order comes after talks stalled, leaving publishers without payment since the beginning of 2025.
Shares of insurance technology company Lemonade Inc. fell on Wednesday after Morgan Stanley downgraded the stock to "Equalweight," citing valuation concerns following a recent surge in price.
