Zaid Admani
๐ค SpeakerAppearances Over Time
Podcast Appearances
And if this vaccine works out, this could be a big deal for Moderna.
The company has struggled since the COVID vaccine boom faded.
Profits have dried up and the stock lost more than 60% of its value over the past five years.
But investors are starting to believe that Moderna may finally have a second act, one that actually makes money outside of a pandemic.
The trial data was released on Tuesday and the stock jumped 16% on Wednesday and it's up another 5% in pre-market trading today.
Now on the flip side, Ubisoft is getting absolutely crushed this morning.
Shares of the video game publisher are plummeting after the company announced a major restructuring that includes canceling six video game projects and shutting down multiple studios.
And they warned that the restructuring will lead to an operating loss in 2026.
You know, Ubisoft has been struggling for years due to delays, weak launches, and rising development costs.
In fact, the stock has lost over 90% of its value in the last five years, and it's down another 30% this morning.
Now, management says the short-term pain will be worth it and that the company is refocusing on what actually works, which is big open-world franchises like Assassin's Creed.
So I guess we're going to see a lot more Assassin's Creed come out of Ubisoft.
Now, I haven't played Assassin's Creed in like five years though, so let me know in the comments if Assassin's Creed is still any good.
Let's wrap the show with a fun fact.
Spotify is rolling out a new AI feature called Prompted Playlist, and it's basically chat GPT, but for making playlists.
Spotify will now let premium users in the US and Canada tell the app what they wanna hear in plain English, and Spotify will create a playlist around it.
Spotify says the AI will build the playlist around the prompt using your listening history, music trends, and cultural context.
You can even set rules like telling it to avoid certain artists or have the playlist refreshed daily or weekly so it doesn't get stale.
Now I'm looking forward to trying it out.
I'm gonna have Spotify make me a playlist for a good earnings week and maybe also a playlist for a bad earnings week.