Business — Page 109

Net revenue fell 3.5% to $3.216 billion for the quarter ended Sept. 30, while the board approved a 20% increase in the recurring dividend for calendar 2027.

Third-quarter income from the investment rose 103% from the prior quarter, while Pinnacle’s preliminary CET1 ratio reached 10.01%.

Membership revenue rose 121% to $240.5 million in the nine months through June, before the smart-ring maker postponed its planned Nasdaq IPO.

Cross-border stablecoin transfers totaled $220.3 billion over the 12 months ending June 2026, up 77.5% from the preceding period.

The completed transaction used U.S. Bank’s USBDC stablecoin on the Stellar blockchain.

The tokenized fund is separate from Janus Henderson’s U.S.-listed JAAA ETF and is available to eligible non-U.S. professional investors.

The airline assumes fuel will average about $4.70 per gallon and forecasts an adjusted loss of $0.50 to $1.10 per diluted share.

The miner kept FY27 shipment guidance at 197 million to 207 million metric tons, subject to the negotiations.

The increase is roughly $400 million from July’s estimate, while the company kept its fiscal 2027 core EPS guidance at $6.89 to $7.11 per share.

The company expects fourth-quarter gross margin to fall to about 33% from 38% in the third quarter as freight and transportation costs weigh on results.

The planned proof of concept covers card-linked purchases, wallet transfers and cross-border trade settlement; the companies have not named a token or testing timetable.

The model assumes a parallel 100-basis-point rate increase and an unchanged balance sheet. Management expects mid-single-digit loan growth for the fiscal year, with a softer December quarter.

Extra one-for-one share distributions would depend on Class C's 30-day average price and a 10% annualized shareholder return from Sept. 10, 2026.

JupiterExchange runs on Solana and routes orders across liquidity sources. Revolut has more than 80 million customers worldwide.

Group sales reached CHF 16.13 billion. Pharmaceuticals Division sales topped the consensus forecast by CHF 350 million.

Readers can swap tokens while reading articles without leaving Decrypt’s platform.

The legal AI company serves more than 140,000 legal professionals across over 80 markets and has more than 2,400 law firm and in-house legal team customers.

The $1.783 billion estimate is 3% to 5% above consensus. Atlassian plans to release results Nov. 5.

Sixteen percent have launched digital-asset initiatives. Fireblocks and the MENA Fintech Association plan to discuss stablecoin integration on Wednesday, Oct. 28.

Goldman Sachs modeled $23 billion in borrowing for existing orders, but the estimates use different assumptions. CoreWeave’s $104 billion backlog represents future revenue, not cash already collected.

The U.S. storage subsidiary had considered a Nasdaq listing as early as 2027, while some SK hynix shareholders raised dilution concerns.

Visits also exceeded equivalent sale-day levels from a year earlier by 4.5%; Kohl’s outlook calls for fiscal 2026 net and comparable sales to decline 1.5% to flat.

The exchange lifted its non-GAAP cost range after closing LeveL Markets, while 23/5 trading remains targeted for Dec. 6, 2026.

The bank also expects modest expansion in its FTE net interest margin. Its outlook assumes one additional 25-basis-point rate hike in early December.

Changes to physical sites will vary, and some spaces could be restricted as early as Friday, Oct. 23. Microsoft has not identified affected locations.

The preliminary framework points to mid- to high-single-digit growth. Third-quarter revenue was $2.638 billion, up from $2.458 billion a year earlier.

The stock reached $166.85, its highest intraday level since Feb. 27, as the company posted 4% organic sales growth for the quarter ended Sept. 30.

The expansion follows a 1,000-person pilot across finance, operations and product; about 80% of early users worked outside engineering.

The company also raised its cash-from-operations outlook to about $1.90 billion and kept its capital expenditure forecast at about $550 million.

The bank expects further strength in Palantir’s U.S. government and commercial businesses. The company forecasts third-quarter revenue of $2.160 billion to $2.164 billion.

The initiative connects teams building on Arbitrum One and Robinhood Chain with investors and ecosystem partners.

The U.S. agreement covers Taco Bell, Taco Bell Cantina and Live Más Cafe, with PepsiCo continuing as beverage partner in Canada, the United Kingdom, Ireland and Thailand.

The 500 MW portfolio spans three facilities. TransAlta will continue overseeing operations under a long-term asset management agreement.

Nokia booked €1.5 billion in AI and cloud orders in the third quarter, while sales to those customers rose 126% year over year as reported.

The startup plans to automate molecule testing, a drug development stage traditionally handled by Chinese firms.

The Cardano Foundation is sponsoring 25 places in the four-week Advanced Track, priced at €199 per seat.

The $0.8710-per-share payment is due Nov. 9 to holders of record Nov. 6. SATS carries a 15% annual dividend rate on a $100 stated amount.

The opportunity pairs that revenue with more than $525 million in adjusted EBITDA and a margin above 15%.

Family Plan members have seven days after a notice to verify they live with the plan manager. Missing the window requires an individual plan and blocks entry to another Family or Duo plan for 12 months.

The U.K. joint venture is owned equally by Shell and ExxonMobil. The process is at an early stage, with no buyer identified.