Friday, November 6, 2026
US nonfarm payrolls up by 165,000 in October
Total nonfarm payroll employment in the United States increased by 165,000 in October, the Bureau of Labor Statistics said in its report published on Friday. At the same time, September's gain was raised by 31,000 to 60,000.
https://breakingthenews.net/Article/US-nonfarm-payrolls-up-by-165000-in-October/67506085
Moderna surges 13% after raising 2026 guidance
Shares of Moderna Inc. jumped more than 13% during premarket trading on Friday after the pharmaceutical company reported its third-quarter earnings and lifted its full 2026 outlook.
Moderna said it now expects its full-year revenue growth to range between 15% and 25%, up from its previous guidance of up to 10%. In addition, the company said its third-quarter revenue rose 29% compared to the same period last year to $1.3 billion, far exceeding analysts' forecasts.
Moderna's stock soared 13.57% at 7:08 am ET to go for $274.22 apiece.
https://breakingthenews.net/Article/Moderna-surges-13-after-raising-2026-guidance/67505447
Alphabet acquires $548M stake in Qualcomm
Google's parent company, Alphabet Inc., revealed on Friday in a United States Securities and Exchange Commission (SEC) filing that it acquired a stake worth nearly $548 million in its long-time partner, Qualcomm Inc.
The filing shows that Alphabet bought approximately 3 million Qualcomm shares in the third quarter. The news comes as Qualcomm steps up efforts to boost its emerging data center business in an attempt to become one of the leading providers in the rapidly growing artificial intelligence infrastructure sector.
Qualcomm's stock rose 2.77% to sell for $161.09 per share in premarket trading at 8:08 am ET, while Alphabet's share was down 0.15%, going for $282.16 apiece at the same time.
https://breakingthenews.net/Article/Alphabet-acquires-dollar548M-stake-in-Qualcomm/67505932