Business — Page 179

The agreement for USFM’s proposed business combination with Twin Vee was initially entered into July 12.

A reported $40 billion debt plan could include $10 billion in bank loans and $30 billion in investment-grade debt, with a possible closing in 2027.

The Russian securities exchange plans to begin the service under new regulations after continued testing ahead of the scheduled launch.

Comparable-store net sales increased 0.5% year over year during the five-week fiscal period ended Oct. 3, 2026.

Non-GAAP earnings per share beat expectations by $0.29, while operating cash flow improved sharply from the year-earlier period.

SoFiUSD will settle debit and credit card transactions between institutions, while merchants and cardholders continue using existing payment systems.

The platform offers institutional clients exposure to U.S.-listed equities, indices and digital assets following Ripple’s $1.25 billion acquisition of Hidden Road.

Ryde Group Ltd. posted first-half GAAP earnings per share of negative $0.07. The figures were released Oct. 8 at 6:19 a.m. ET (10:19 UTC).

Revenue rose 13.8% from the prior quarter and 36.7% from a year earlier as artificial-intelligence demand remained strong.

The medical-device company posted non-GAAP earnings of negative 4 cents per share and reaffirmed its fiscal 2026 outlook.

The newly added AVA will be permanently retained and will not be sold or transferred.

Executive Vice President Stella Li pointed to a lack of certainty and visibility in overseas markets as the Chinese automaker expands internationally.

The company expects to close its Armada Acquisition Corp. II combination on or about Oct. 9, subject to closing conditions and Nasdaq requirements.

The proposed 30-year financing would expand U.S. production of silicon carbide and gallium nitride semiconductors for defense and communications applications.

Completing the banking union and simplifying capital rules are central to improving the sector’s efficiency without reducing overall capital requirements.

Heat and rainfall deficits lowered European crop forecasts, reduced productivity and could add more than 1 percentage point to food-price inflation in 2027.

First-half revenue reached ¥5,460.27 billion, down 2.8% year over year. The company reaffirmed its full-year outlook.

The Australian AI data-center operator planned to raise up to $5.5 billion, while existing shareholder Maas Group Holdings suffered a record share-price drop.

The proposed model separates custody, collateral, execution, yield and risk management as stablecoin reserves and tokenized assets reshape digital-asset markets.

September revenue fell 13.69% from August but rose 1.97% year over year, while nine-month revenue reached NT$469.391 billion.

The partnership aims to integrate Solana-based stablecoin payments across Samsung’s large device ecosystem and expand everyday blockchain use.

The partnership links GPT-6 models with Jira, Confluence, Bitbucket and Atlassian’s Rovo AI tools, with a guide released Oct. 8.

Coinbase is developing infrastructure for banks and other financial firms, with Prime offering custody, financing, staking and liquidity access.

The service will support institutional and eligible corporate clients holding Bitcoin, stablecoins and tokenized real-world assets under local regulatory requirements.

The contracts cover AKAM, VKTX, H100, FOXA, INTU and CT. A trading contest with a 1 billion HTX-token prize pool runs through Oct. 15.

The crypto and fintech investment firm plans to complete its formal dissolution on Jan. 31, 2027, after launching in October 2023 with $1 billion in deployable capital.

The crypto investment firm’s backers will pursue separate strategies after the company winds down. Its formal liquidation is scheduled for Jan. 31, 2027.

Huawei’s consumer revenue rose 1.6% to CNY344.473 billion in 2025, while intelligent automotive solutions revenue increased 72.1%.

Revenue rose 50% year over year and exceeded the LSEG SmartEstimate of NT$1.46 trillion as AI demand drove semiconductor sales.

IMMIX announced $3.5 million in funding from Crane Venture Partners, BTSE and Portfolio Ventures. Its technology has processed more than $25 billion in customer trading volume since 2024.

An estimated 511,619 barrels of oil and 350.25 million cubic feet of natural gas per day were shut in across the Gulf as of Wednesday noon ET.

User Bitcoin balances rose 0.91% between Sept. 1 and Oct. 1, while Ether, Tether and BNB holdings declined, according to Binance’s October reserve data.

Lisa Su said AMD’s MI455X accelerator uses 432 gigabytes of HBM4, up 50% from the previous model’s 288 gigabytes of HBM3E.

The firm maintained its buy rating, citing high-bandwidth memory demand, supply constraints and about $150 billion in unfulfilled contracts.

The USDGO Plus SP fund targets crypto derivatives funding-rate spreads and returned 16.67% since inception through Oct. 7, before fees.

Loopscale will not issue a separate token after the merger, while its points program will continue until redemption begins later this year.

The service combines spot and derivatives positions in one portfolio with a single margin health score and set of requirements.

The funding gives the AI-agent developer fresh capital as it resumes independent operations following the blocked acquisition.

The Samsung Wallet feature is scheduled for the final week of October and will support transfers to compatible wallets and eligible bank accounts in more than 60 countries.

Ripple Prime is financing funds tied to Nvidia, Sandisk and major indexes through total return swaps, expanding the company’s institutional lending business.