Hims & Hers Health Inc. stock jumped 14%, extending a week-long rally of over 73%, after Barclays said investors are underestimating growth from new products. The firm raised its price target to $29 as the company partnership with Novo Nordisk removes legal uncertainty and expands opportunities in weight-loss drugs.

German automaker Porsche said it plans to cut further jobs after posting a 91% year-over-year drop in profit for 2025. Around 2,000 temporary jobs have already been slashed. "We'll streamline our management structure...and cut back on bureaucracy," CEO Michael Leiters said. Profits were largely impacted by a writedown on reversing its electric car strategy amid a sales slump in China.

Papa John's (PZZA) stock surged 18% after a report that Qatari-backed Irth Capital Management submitted a take-private bid valued at $47 per share. The offer represents a 44% premium to Tuesday's closing price and values the pizza chain at about $1.5 billion. The Wall Street Journal cited sources familiar with the matter regarding the potential acquisition.

Shares of Velo3D Inc. (VELO) surged over 20% after CEO Dr Arun Jeldi and a director converted debt into equity, reducing outstanding debt by 60% to $10 million. The CEO purchased and converted a $5 million note at a significant premium to the current share price. Retail investors cheered the insider confidence, with the company entering fiscal 2026 focused on scaling its platform.

The refill booking system of Indane, LPG brand of Indian Oil, has crashed across the country after call volumes surged to 8 to 10 times the usual levels, Moneycontrol reported. This comes after demand for domestic cylinders rose amid the supply disruption triggered by Middle East war. The company has urged consumers to use alternative booking channels like WhatsApp booking.

Elon Musk said Tesla Inc. and xAI are building 'Digital Optimus', an AI system powered by Grok that can interpret screen activity and perform real-time computer actions. Musk said the system will analyse the last few seconds of screen, keyboard, and mouse activity to respond instantly.

Vivek Ramaswamy-backed Strive bought $50 million of Strategy STRC preferred stock and added 179 Bitcoin, taking its holdings to about 13,311 BTC. Michael Saylor said the move shows the Bitcoin capital stack is taking shape. Strive said income from STRC will support its Bitcoin-linked SATA product, whose dividend rate was raised to 12.75%.

Actelis Networks Inc. shares surged about 50% after the firm received a major order from a government entity in Japan to supply its MetaLight networking units. The systems will upgrade transportation, utilities, and public safety infrastructure by delivering fiber-like speeds using existing copper wiring.

US-based medical equipment maker Stryker, worth $132 billion, was hit by an Iranian cyberattack on Wednesday, WSJ reported. The logo of Iran-linked hacking group Handala, which reportedly said the attack was in response to the Minab school bombing, began appearing on Stryker's login pages. Employees said mobiles and laptops, configured to connect to Stryker's technology systems, were wiped clean.

Vitalik Buterin warned that AI agents are not yet ready to safely make crypto payments, citing security risks in automated systems. He said malicious data in the Ethereum Name Service could trick AI agents into sending funds to attackers. While leaders like Brian Armstrong believe AI agents will increasingly use crypto wallets, Buterin said security and decentralization challenges remain.