Business — Page 13

A Nov. 4 filing listed multiple trades at prices ranging from $64.705 to $64.735 per share.

Marvell's all-stock deal has an enterprise value of about $115 billion, while the Philadelphia Semiconductor Index slid 3.37% and most crypto-linked stocks also fell.

Net debt fell to $6 billion, and the company is targeting leverage in the low 1x range by the end of 2026.

U.S. businesses can send USD Coin and Open USD to external wallets; New York businesses can join a waitlist.

Credit assets make up about three-quarters of real-world assets deposited on decentralized lending platforms, while only a small share of tokenized Treasuries is used for lending.

Management also reaffirmed a $10 billion gross fundraising and deployment goal across 2026 and 2027 combined.

Revenue increased 13.3% to ¥737.1 billion for the six months ended Sept. 30. Nippon Sanso kept its fiscal 2027 forecast unchanged.

Higher realized petroleum prices and production growth are expected to support the quarter, while supply fears and risk premiums could add a lift in Q4.

The platform combines remote computing for graphics-heavy work with live sessions shared by people and AI agents.

Net result rose to $2.3 million, while average monthly active users fell 14% to 3.2 million.

Each token is backed one-for-one by an underlying share. At a New York event around Oct. 29, Giang Bui discussed liquidity, distribution and interoperability.

Profit for the period rose 21% to GEL 661.906 million, while diluted EPS advanced 22.6% to GEL 15.42.

The company expects about 700 on its platform by year-end 2026, with Zoox and Motional planned for Las Vegas and a Bay Area launch targeted for early 2027.

Apple topped its prior $351.74 high on Nov. 4. Bernstein raised its target to $380, while JPMorgan lowered its target to $355.

Average hourly earnings rose 25.9% over the same period. CPI inflation has stayed above the Federal Reserve’s 2% target for 67 consecutive months.

Consensus estimates call for earnings per share of $0.18 and revenue of $8.61 billion.

Sales increased 5.8% in the six months ended Sept. 30, while operating profit and profit attributable to owners of the parent fell.

The outlook follows a raised 2026 adjusted EPS floor of $8.20 and third-quarter adjusted EPS of $2.09.

Deribit supplies liquidity for more than 20 assets, with BTC, ETH and USDC available as collateral.

Revenue climbed 2.8% to $488.7 million, but adjusted EBITDA fell 4.3% amid higher costs.

The consensus revenue estimate is $80.78 million, 12.3% above the year-earlier quarter.

Employers also announced plans to hire 444,692 workers, up 57% from October 2025.

The all-stock deal includes up to $150 million in performance-based earnouts. IonQ had separately signed an agreement with QuantumCT for more than 150 hours of quantum cloud computing.

The platform accepts Bitcoin (BTC), Ether (ETH) and USDC as collateral. More assets will be added.

The company also projected $40 million to $50 million for the fourth quarter and expects to commission North Carolina plant upgrades by year-end.

EBITDA totaled $7.7 million, up 62.6% from the first quarter of fiscal 2026.

The company sold 1,355 electric vehicles in October, down 71.2% from a year earlier. Its U.S. sales totaled 174,123 vehicles for the month.

The provider of outsourced solutions to consumer-packaged-goods brands and retailers expects restructuring to yield about $25 million in near-term annualized net savings after investment.

The company forecast fourth-quarter revenue of $299 million to $302 million, implying 24.8% year-over-year growth at the midpoint.

The forecast implied a 4.5% year-over-year earnings decline. Results were scheduled before markets opened Nov. 4.

Revenue rose 16% from a year earlier, while adjusted net income was C$0.66 per fully diluted share.

The extension adds two years of contracted revenue tied to 352 megawatts of IT capacity. The original lease had a stated base-term value of $9.8 billion.

The company will keep a 30% stake and use $500 million in after-tax proceeds to reduce debt.

The fields currently produce about 300,000 to 328,000 barrels per day combined; the plan's first target is 450,000 barrels per day.

Second-quarter production of separated neodymium-praseodymium products rose 41% year over year, while sales climbed 127% to 1,006 metric tons.

The agreement lifts Avolon’s unfilled 737 MAX orders above 240. Firm lessor orders for the 737-10 passed 230 in 2026 as of Nov. 4, five times the model’s year-end 2025 backlog.

The German defense company lowered its sales and operating-margin targets, citing delays to military projects and ammunition deliveries.

Third-quarter adjusted EBITDA and earnings per share each increased 12%, excluding reportable catastrophes.

GAAP earnings per share was €2.95, compared with €4.30 a year earlier, while Group EBITDA increased 2.0%.

FUSD is backed by tokenized short-term U.S. Treasury securities and compliant money market funds.