Eli Lilly to Acquire Drug Developer Ventyx for $1.2 Billion, Expanding in Autoimmune Field

Samsung Electronics reported a net profit of 75.21 trillion KRW for the third quarter, compared to an estimated 89.06 trillion KRW. The operating profit for the third quarter was 107.44 trillion KRW. Third-quarter sales reached 195.25 trillion KRW. Chip sales for the third quarter amounted to 147.1 trillion KRW. Samsung plans to announce its shareholder return plan at the end of January, with plans to distribute a 30 trillion KRW cash dividend for the third quarter.

DoorDash's core intention in acquiring Instacart is to extend the user access and delivery network established through food delivery to the larger-scale household supermarket shopping scenario. The deal originated from Instacart exploring a sale and contacting potential buyers such as Uber and DoorDash. By October 26, multiple media outlets reported both parties had entered deep negotiations, with the potential transaction valued at approximately $17 billion.

The Federal Reserve maintained its interest rates at 3.75%~4.00%. Combined with Oracle’s strong growth guidance and SK Hynix’s record profits, the S&P 500 index rose for the third consecutive day, and the Nasdaq closed up 0.27%. Market focus is shifting to earnings reports from major tech companies.

MicroStrategy has passed the bylaws amendment with a 99.3% approval rate, establishing a daily cumulative dividend mechanism for four preferred stocks including STRF. This move, together with a $204.9 million buyback plan, aims to address the risk of removal from the MSCI index and stabilize stock price volatility.