Business — Page 158

The company held 848,250 Bitcoin as of Monday, 4,947 BTC above a modeled total without first-half STRC-funded purchases.

The pending private placement would add 10 million shares at $33 each and raise Berkshire’s stake to about 4%.

Gilead will use Vir’s PRO-XTEN platform to discover and develop cancer drugs under an agreement valued at up to nearly $1.9 billion.

The New York startup’s software uses double-entry accounting to check transactions before money moves. The Series A closed in mid-2025.

The 702-megawatt project near Cheyenne would supply Google’s proposed data center under a 20-year power purchase agreement.

The brokerage platform plans to expand the service to the United States. The companies are also exploring equity financing through Ripple Prime.

The Kraken parent expects the deal to support deposits, lending and card services for European customers after regulatory approval.

USDrf launched on Cardano on Oct. 1. Holders can stake the dollar-linked token for sUSDrf, which is designed to provide variable returns.

AscendEX cited authorization requirements, while BitMart and BitMEX gave different reasons. The cases do not show users shifting to THORChain.

The research agreement is with the Space Warfare Directorate at Kirtland Air Force Base in New Mexico.

Arrowhead Pharmaceuticals said early-stage data for ARO-MAPT led it to declare initial clinical validation of its TRiM delivery platform.

The Stage 1 engagement will analyze preclinical work, data from four clinical trials and public biomedical datasets to seek patient biomarkers and possible new uses for INmune Bio, Inc.’s drug candidate.

Workers were scheduled to vote on the proposal Oct. 14. A rejection would start a strike Oct. 15.

The planned refinery in Panjin, Liaoning province, is designed to process 300,000 barrels of crude a day. Its adjacent chemical plant targets annual production of 1.65 million metric tons of ethylene and 2 million met…

The deal is expected to close in 2027, subject to regulatory approvals. Payward Banking would gain a route to offer deposits, lending and other services across four EU markets.

The agreements cover 2.46 million American depositary shares or pre-funded warrants, plus warrants for up to 3.69 million additional shares.

JPMorgan Chase posted $15.3 billion in net income, while Goldman Sachs reported $5.29 billion for the quarter ended Sept. 30, 2026.

The tally includes 35 Buy ratings and two Holds among 37 analysts. J.P. Morgan’s Samik Chatterjee reaffirmed a $625 target on Oct. 13.

The company spent $235 million on the purchase, CEO Matt Cole said.

Net premiums written reached $22.3 billion, up 4.3% year over year but $210 million below estimates.

Fastenal Company reported earnings and revenue above analyst estimates, with stronger manufacturing demand and growing sales to large customers.

Lightspeed led the round. Zaria monitors crypto collateral and provides backup loans for structured financing deals.

Payward co-CEO David Ripley also joined a discussion on digital assets and artificial intelligence at AI & Digital Bridge 2026.

Libervant is a diazepam buccal film used to treat seizures. Aquestive shares rose in premarket trading Wednesday.

The company’s common shares are expected to begin trading under the new name on the TSX Venture Exchange on Oct. 19, 2026, with the BER.H symbol unchanged.

The London cybersecurity startup is developing AI agents that test enterprise systems and retest fixes within customer-approved limits.

The company raised its fiscal 2026 revenue guidance from $5 million to $8 million to $10 million to $11 million. Separately, an Army division is seeking information from potential rare earth magnet suppliers.

The plan targets pre-IPO shares in artificial intelligence companies.

The service launched with $150 million in USDS liquidity. Spark’s net protocol returns also exceeded $4 million in the third quarter as returns tied to Spark Savings USDT growth moved above funding costs.

Faraday Future Intelligent Electric will receive shares from FF EAI Robotics Ecosystem Inc. priced at $2.246 each, about 50% above FFR’s closing price.

The bank raised its rating to outperform from neutral and set a $130 price target, 33% above Tuesday’s close.

India received 0.59 million tonnes from Oman as U.S. deliveries fell 60.7% to 0.34 million tonnes. EU underground gas storage was 72% full on Oct. 1, 2026.

The payment is scheduled for Nov. 13. Shareholders must be on record by Oct. 30, which is also the ex-dividend date.

The Canadian company will support scenario development at NATO’s Joint Warfare Centre in Stavanger, Norway.

The plan would create two independent, publicly traded companies through the separation of its Integrated Upstream and Gathering business.

GAAP earnings per share came to $0.02. Medical market sales increased 209% to $3.11 million.

The bank sees potential pressure on the grocer’s earnings power and valuation over the next 12 to 18 months.

The average rate for a 30-year fixed mortgage with a conforming balance rose to 7.50% from 7.49% as total applications fell 2.75%.

Revenue rose 15.5% year over year, and net cash from operating activities reached $421.6 million.

Revenue grew 6.8% year over year, while non-GAAP earnings per share came in at $1.08 and net interest income rose 8%.