U.S. stocks on the move: Cloudflare, Unity, TeraWulf
NET•Cloudflare rose after beating third-quarter revenue, Unity gained after reportedly holding recent buyout talks with Silver Lake and PIF, and TeraWulf rebounded after a third-quarter revenue beat.
1. Cloudflare and Unity
Cloudflare rose after third-quarter revenue beat estimates. Unity gained after reportedly holding recent buyout talks with Silver Lake and PIF.
2. Other stock moves
Airbnb, Humana and Moderna rose after raising annual outlooks, while Microchip Technology fell as its weak gross margin outlook overshadowed a chip-sector rebound. Inovio and Orchestra BioMed slipped after announcing stock offerings; Vistra rose after topping its EBITDA estimate and raising its 2026 forecast, and Under Armour cut its annual gross margin growth target.
3. Market context
The Nasdaq was set to open higher as chip stocks attempted to recover from the previous session’s selloff, which the article linked to concerns about tougher AI regulation. The jobs report also raised interest-rate hike concerns.
