Business — Page 60

Metals.io launched borrowing on Monarch Sept. 9, 2026, with Morpho powering the service and USDC as the initial loan asset.

The agreement sets a $65-per-share price and requires at least 75% of the consideration to be paid in cash.

Revenue fell 2.4% from a year earlier but beat estimates at $492 million. Adjusted earnings also topped estimates, reaching 11 cents per share.

The board can choose a ratio from 1-for-50 to 1-for-100 or abandon the proposal. The vote itself does not put a split into effect.

The company posted GAAP earnings of $1.15 per share and forecast fiscal 2027 revenue of $1.4 billion to $1.5 billion.

Holders of record at the close of business Nov. 9 are eligible for payment Nov. 23. The dividend implies a 4.93% forward yield at TPG’s $44.59 share price as of 8:31 a.m. ET (12:31 UTC).

The U.S. Department of Agriculture announced the project selections Oct. 22 through a program aimed at expanding the domestic fertilizer supply.

Revenue rose 5.6% year over year to $2.84 billion, while the company forecast adjusted 2026 earnings of $8.50 to $9.50 per share.

Revenue rose 11.4% year over year to $390 million, while net income attributable to Pagaya shareholders reached $49.7 million.

Third-quarter free cash flow was negative $9.07 billion, versus $2.70 billion expected. A close down more than 9.77% would mark Alphabet's largest earnings-day decline since 2004.

The integration connects Gate CrossEx institutional clients to venues including Binance and OKX, with a unified margin pool.

Third-quarter revenue rose 39% to $24.397 billion, led by Mounjaro and Zepbound sales.

The company lifted its adjusted earnings per diluted share range to about $9.50 to $9.75 while keeping its $270 million to $310 million revenue forecast unchanged.

Revenue rose 10.1% year over year and exceeded estimates by $3.49 million. GAAP earnings per share beat estimates by 1 cent.

He called neocloud providers a small part of the AI ecosystem. CoreWeave recorded $640 million in net interest expense in the second quarter.

The definitive agreement is subject to regulatory approvals, and ICE would operate the market and clearing structure.

Search & other missed analysts’ estimates for a second consecutive quarter, while Alphabet said its year-over-year query growth rate reached a five-year high.

Third-quarter revenue rose 7.2% year over year to $13.1 billion, and non-GAAP earnings per share reached $1.35.

Revenue totaled $2.19 billion, down 4.4% year over year, and missed estimates by $40 million.

The Norton parent lifted its annual revenue and earnings outlook. CEO Vincent Pilette said the company recorded its highest retention rate.

Non-GAAP EPS reached $6.06, beating estimates by $1.03. Remaining performance obligations were $41.8 billion, and total backlog was $63.7 billion.

Revenue rose 1.9% year over year, and portfolio occupancy reached 96.6%.

Net loss attributable to the trust totaled $327 million for the quarter.

Strategy reported holdings of 847,666 BTC after adding 1,666 BTC in a purchase disclosed Monday.

Non-GAAP earnings per share was 28 cents. Fortrea forecast 2026 revenue of $2.665 billion to $2.690 billion and adjusted EBITDA of $210 million to $218 million.

The French-law fund is marketed as Smart Cash; a Sept. 18 snapshot showed its basket was 99.9% large-cap U.S. equities.

Nine-month revenue rose 92.97% to 31.85 billion yuan, while third-quarter profit fell 19% from the prior quarter.

qinbafrank also estimates adjusted earnings of $0.40 to $0.45 a share and forecasts fourth-quarter revenue and adjusted earnings guidance midpoints between $17.1 billion and $17.5 billion and $0.44 and $0.50 a share.

The preliminary range starts at 77 million boe and has a mean of 128 million boe. Equinor is studying a possible subsea connection to existing infrastructure.

Strategy is scheduled to release its third-quarter results after U.S. markets close Thursday and hold a webinar at 5 p.m. ET.

Cash was $30.1 million at quarter-end. Adjusted EBITDA rose nearly 30% year over year to $8.6 million.

Strijers also put retail access in early November. Institutional access is expected in the fourth quarter, and Coinbase will announce retail availability separately.

Third-quarter non-GAAP EPS was $1.12, 22 cents above company guidance, while revenue reached $2.9 billion.

The insurer plans to release results for the quarter ended Sept. 30 on Thursday, Oct. 29. A prerecorded management webcast is scheduled for approximately 8:30 a.m. ET (12:30 UTC).

The proposed 24-hour platform would run on Hyperliquid and requires CFTC approval before launch.

Revenue reached $9.37 billion, down 3.2% from a year earlier. Home sales revenue totaled $8.4 billion on 22,915 closings.

Revenue rose 58.6% year over year, while net income attributable to PBF Energy totaled $1.53 billion, up from $170.1 million.

Revenue reached $20.7 billion, in line with estimates. Enterprise operating cash flow totaled $4.4 billion, and enterprise cash was $7.9 billion at quarter-end.

Revenue reached $6.76 billion, while organic bookings increased 20% across all segments.

Adjusted earnings reached $1.10 per share, one cent above expectations, while net revenue missed estimates by $10 million.