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Obesity Drugs
Eli Lilly and Hims & Hers announced a partnership to distribute FDA-approved obesity treatments through Hims' telehealth platform. Foundayo starts at $149 per month, while Zepbound is priced at $299 per month.
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Hims & Hers
Hims & Hers expanded its benefits program to 14 partners by adding Grüns, Medjet, Tonal, and Viome. The company stated it keeps no margin on these negotiated discounts.
OpenAI
OpenAI is said to have reduced its fundraising goal from $30 billion to $20 billion and lowered its valuation target to $1.25 trillion. Investors including MGX and SoftBank are scaling back commitments ahead of a potential IPO.
Anthropic IPO
Market participants are said to be weighing a valuation between $1.2 trillion and $1.3 trillion for a potential initial public offering by the AI company.
Tesla
Elon Musk stated that Tesla will wind down Cybertruck manufacturing at its Texas facility around mid-2027 to boost robotaxi output. US sales of the truck fell 48 percent in 2025, falling short of the 250,000 unit goal set by Musk.
Qualcomm
Alphabet acquired a stake in Qualcomm during the third quarter as the chipmaker pursues $15 billion in data center revenue by 2029. Amazon secured rights to buy up to $60 billion in Qualcomm AI chips.
Moderna
Moderna reported third-quarter revenue of $1.313 billion, up 29 percent year over year, and returned to GAAP profitability. The company increased its 2026 revenue growth forecast to 15-25 percent and cut R&D spending plans.
Fast headlines, summarized. Not verified and not advice. Check the full story before you act.