Business — Page 52

CEO Simon Gerovich also expressed support for Binance and said Bitcoin’s network has operated as designed since 2009.

Chairman and CEO Phil Green said Cullen/Frost sees Texas in a phase of substantial economic growth.

Revenue rose 4.5% year over year, and assets under management totaled $36.2 billion at Sept. 30, 2026.

Anthropic plans to use the Nscale-operated facility. Nvidia’s previously disclosed guarantees carry maximum gross exposure of $108.5 billion.

Retail sales rose 2.3% from a year earlier, with growth slowing.

Preliminary third-quarter sales rose 23.2% year over year, with Industrial Technology & Data Solutions sales up 37.8%.

The company reaffirmed a normalized EBITDA margin target above 33% and free cash flow target of about $1.8 billion.

The company is seeking $100 million to $120 million in unlevered free cash flow this year and aims for leverage of 2.5 times or less in the second half of 2027.

The regular quarterly payment is unchanged from the previous quarter. Shareholders of record Dec. 1 are eligible for both distributions.

The bank targets high-single-digit loan growth in 2026 and 2027, but says competitive pricing could pull the margin below 4%.

Revenue increased 1.1% from a year earlier, while adjusted EBITDA reached approximately $353 million.

The payment to King Yuan Electronics is intended to support new U.S. facilities and equipment, with high-volume production targeted for April 2027.

Cloud providers now buy roughly twice Apple’s NAND volume, while prices have climbed above 30 cents per gigabyte from about 5 cents in 2023.

Revenue reached $545.3 million, while EBITDA from direct operations rose to $261.2 million from $195.3 million a year earlier.

The airline forecasts 2026 GAAP EPS of about $10.60 and estimates a $0.60-per-share headwind from lower deferred-revenue recognition in 2027.

Ethena said the updated attestation put USDe’s collateralization ratio above 101% and that no backing funds were held directly at Binance or another centralized trading platform.

The reported problems involved web, mobile and API services. A separate analyst theory about more than $130 million in Aave-linked exposure has not confirmed a liquidity crisis.

He Yi said Binance is improving withdrawal service and related address controls, with further progress to come through official channels.

Deposits remain unaffected while the exchange upgrades withdrawal service and related address controls.

Cash and equivalents reached A$32.3 million with no debt, and its Bitcoin treasury was valued at A$26.5 million. DigitalX also completed a 120 million-share buyback and plans to seek approval for another.

GPU and AI infrastructure sales rose nearly 160% year over year in Q3.

The company expects net interest margin to stay flat over the next few quarters as excess Capital One deposits add about $700 million to average cash assets.

The utility lowered its 2026 adjusted EPS range to $3.18 to $3.28 per diluted share while maintaining long-term earnings and dividend growth guidance of 5% to 7%.

The automaker now expects 67,000 to 70,000 vehicle deliveries in 2026 and sees its R2 model accounting for most fourth-quarter deliveries.

NVIDIA's Vera Rubin shipments are expected to rise month by month in the fourth quarter, while Advanced Micro Devices has begun sourcing specialized high-capacitance MLCCs for MI450.

The project cited a security incident involving unlocked team tokens and plans to keep TOWN available on its platform and supported decentralized exchanges.

An analyst separately speculated that alleged exposure of more than $130 million tied to Aave could create liquidity pressure. No liquidity crisis has been confirmed.

The plan covers optimization of about one billion cubic feet per day of firm transportation. Antero also expects to achieve $140 million of its $300 million margin-enhancement target by mid-2027.

The share issuance is expected to give Nvidia about 4.54% of Naver and make it the company's third-largest shareholder.

The fund holds power generation and data center assets and co-invests alongside Partners Group’s flagship direct infrastructure investments.

Third-quarter revenue rose 8.3% year over year, and the company reaffirmed its fiscal 2026 Rule of 20 guidance.

The company also projects total revenue of $1.29 billion to $1.32 billion and expects cash flow breakeven in 2026.

The listed amounts are worth about $2.18 billion at the Oct. 29 close; Emilie Choi’s plan also covers an undetermined number of future shares.

Chen said Coinbase and Deribit confirmed their assets were safe after completing internal reviews.

Intel’s $0.25 fourth-quarter adjusted EPS outlook trailed the $0.43 consensus, even after third-quarter adjusted EPS beat estimates at $0.52.

Third-quarter revenue rose 8% to $416 million, while non-GAAP EPS advanced 22% and organic constant-currency revenue grew 9%.

PennyMac reported Q3 adjusted net income of $56 million, or $1.05 per share, and net income of $29 million, or $0.54 per diluted share.

Bitcoin and Ether reserve ratios were 100.35% and 100.00%, with on-chain balances slightly above net account balances.

The USDT-settled contracts trade 24/7, and Bitget now supports 392 stock-contract underlyings.

The free Boston and online event begins at 6 p.m. ET, with registration required and in-person seating limited.