Business — Page 164

The zero-coupon debt would fund the Barber Lake project and expansion of the company’s high-performance computing data-center business.

The proposed financing includes $850 million of zero-coupon convertible senior notes due in 2032 and a $150 million purchase option.

The agreement would create ArcheNova Technology, with the combined company slated for a Nasdaq listing.

The program covers SUNS common stock through Dec. 31, 2027 and will take effect upon the closing of an unspecified transaction.

The senior convertible notes would mature in 2031. SentinelOne has also raised fiscal 2027 revenue guidance to $1.202 billion-$1.207 billion.

The $911.6 billion asset manager is working with Prometheum to offer blockchain-based fund share classes through traditional brokerages and financial advisers in early 2027.

The seed investment will support stablecoin-based cross-border payments, account services and digital-asset custody across Latin America.

The new multi-year agreement continues D-Wave’s existing quantum manufacturing relationship with SkyWater Technology.

The system-on-chip targets battery management, motor control and industrial robotics, with license revenue expected over the next six months.

Eighty-eight percent of banks have allocated or plan to allocate 2026 budgets for digital asset infrastructure, while 68% plan to work with crypto-native companies.

The banks are arranging a planned $5 billion loan for the AI cloud services company. The term loan would cover Volta AI’s lease costs for Bitdeer data centers.

Revenue reached $18.68 billion, up 23.1% from a year earlier, while annualized return on average common shareholders’ equity was 18.7%.

The company’s full-year 2026 revenue outlook is $365 million to $375 million, compared with a $370.27 million consensus estimate.

Global space-economy investment could exceed the milestone for the first time, while defense spending and infrastructure construction support capital growth.

The deal adds cellumation’s software-driven celluveyor platform to Symbotic’s supply-chain robotics portfolio.

The board unanimously approved the additional authorization, expanding the retailer’s existing capacity for stock repurchases.

Third-quarter revenue reached $25.4 billion, while non-GAAP earnings per share came to $2.59 and the 2026 sales outlook increased to $101.2 billion.

The zero-coupon convertible bonds would repay Bitcoin-backed debt and fund share buybacks, with no direct allocation for new Bitcoin purchases.

The expanded partnership adds traditional hotel development to a brand previously focused mainly on vacation ownership and residences.

CEO Connor Teskey described AI infrastructure as Brookfield’s biggest theme, spanning data centers, power generation, compute capacity, grids and fiber networks.

The company increased its payout 1% from CAD 0.7325, with payment scheduled for Nov. 13 to shareholders of record Oct. 30.

U.S. same-store sales improved from a year earlier, but delivery sales declined and international sales fell 0.4% excluding currency effects.

The firm plans to shift most of its capital allocation to direct equity and raise its maximum investment per deal to $5 million.

Shares closed at $163.46 on Oct. 12 after an Oct. 9 eligibility date for up to 328.4 million shares and renewed focus on Starlink’s mobile plans.

Third-quarter revenue reached $50.9 billion, up 8.1% year over year but $320 million below expectations.

The deal adds more than 140 professionals and extends Accenture Song’s capabilities across the United Kingdom and Ireland.

Wells Fargo’s revenue rose 2% year over year to $21.87 billion but came in $450 million below estimates. GAAP EPS exceeded expectations by $0.01.

The five-year, zero-interest convertible bonds would repay Bitcoin-backed loans and fund a new share-repurchase program without selling the company’s Bitcoin holdings.

Stephen H. Rusckowski purchased the shares for approximately $3.48 million as Oracle reported strong cloud growth, negative free cash flow and plans for $40 billion in fiscal 2027 financing.

The deal would add industrial drone inspection and software to Beam Global’s energy and infrastructure business, with a potential 2026 earn-out of up to $3.8 million.

JPMorgan Chase, Goldman Sachs, Citigroup and Wells Fargo report Tuesday, followed by Bank of America and Morgan Stanley on Wednesday.

Third-quarter revenue reached $25.4 billion, up 5.8% from a year earlier and in line with expectations.

Domino’s Pizza, Inc. posted $1.19 billion in third-quarter 2026 revenue, $20 million above estimates, while diluted EPS exceeded expectations by $0.21.

The network supports RLUSD across more than 190 countries and more than 80 currencies, but the figures do not establish new demand for XRP.

Third-quarter gross profit reached £190.5 million, marking the company’s first quarterly growth since the fourth quarter of 2022.

The five-year, zero-coupon bonds are scheduled for issuance Oct. 29 and listing on the Singapore Exchange.

Ruth Porat outlined continued AI infrastructure spending while emphasizing responsible use, energy demand and labor transition concerns.

Disney offered $20 million for selected intellectual property rights, but not the entire platform. Character.AI could shut down if no buyer agrees to continue operating it.

The proposed expansion would add about 3 million barrels per day above the pipeline’s current maximum capacity and offer another route to global markets.

The zero-coupon bonds mature in 2031, with proceeds earmarked for debt repayment and a buyback of up to 97.94 million shares.