Business — Page 69

Service sales rose 8% to $2.616 billion, while adjusted operating profit fell $6 million to $626 million.

The firm said it could not independently verify reports of a possible price increase for the chip-packaging technology.

Ripple reshared Jack McDonald’s post announcing that the stablecoin was live on Coinbase on Oct. 28.

Serious delinquency rates for single-family and multifamily loans rose to 0.62% in Q3.

Intuit also sold participation interests tied to $2.1 billion in unpaid loan principal during fiscal 2026, compared with $543 million a year earlier.

The quarter ended Sept. 23, 2026, after comparable sales rose 5% in the fourth quarter of fiscal 2026.

The MIP-35 discussion proposal sets limits at 40 million USDx units and 150 million MNT, below the previous cycle’s 52 million USDx and 200 million MNT.

Mithril founder Cody Tranbarger has joined Anthropic, where the research includes two programs targeting rare forms of muscular dystrophy.

The company’s adjusted earnings and revenue topped consensus estimates, and it raised its full-year financial guidance.

Etsy beat Wall Street expectations for revenue and earnings and adjusted its EBITDA outlook for the year.

CEO Sergio Ermotti said UBS will continue engaging with the government over proposed new capital requirements. Shares traded 0.64% lower at $46.49 in premarket trading Wednesday.

Synchrony and Experian joined as strategic investors, bringing Casap’s total funding since its 2023 launch to $90 million.

Six climate-specialist funds had raised $546 million by Aug. 18. Separately, climate-tech companies received $40.5 billion in venture and growth investment during 2025.

The financing includes an $18.5 million Series A led by Norwest and a seed round whose amount was not disclosed. Circuit Mind plans to expand its teams and establish a U.S. headquarters.

Its graph has more than 70 integrations and lets external AI agents access connected security and IT data through the Model Context Protocol.

Adjusted earnings per share fell 3.5% year over year to $1.08, beating the $1.02 consensus estimate by 6 cents.

Non-GAAP earnings were 18 cents per share, 24 cents above estimate, as revenue rose 53% from the corresponding 2025 quarter.

The planned rollout includes one-for-one conversions with U.S. dollars and dollar-denominated stablecoins, plus collateral support on Coinbase Global Exchange.

At launch, the feature was available to Pro and VIP users, with access for all users planned over the next few days.

Customers can convert U.S. dollars and other supported dollar-denominated stablecoins into RLUSD at a 1:1 rate. Coinbase Global Exchange trading and collateral use are planned for later.

The Oct. 26 expansion adds tools for cash positioning, forecasts, reconciliation, liquidity management and payments.

Greylock Partners and Craft Ventures joined the round. Upwind plans to put the funding toward engineering research and development, sales and marketing.

The company provides software and services related to 3D printing.

Revenue was $1.46 billion, in line with the estimate.

Quarterly results beat analyst expectations, while the company’s forecast for the quarter underway was slightly lower than expected.

Underlying profit rose to €3.848 billion from €3.768 billion in Q2. Earnings per share were €0.23.

CoinFund led the $4.87 million seed round. The India-focused platform offers contracts tied to more than 50 U.S. stocks.

JPMorgan Chase is slated to lead U.S. retail sales. Anthropic’s public S-1 describes some overseas retail offerings but leaves the share count and price blank.

Both measures topped average Wall Street estimates in the fiscal first quarter, while the company kept its adjusted EBIT margin outlook unchanged.

Non-GAAP diluted EPS from continuing operations was $1.06, while consolidated gross merchandise volume rose 58.9% to $912 million.

The customer will continue using Forward Air for a substantial part of the services the company currently provides to it.

The application delivery and security company posted results that exceeded expectations.

The award was made on behalf of the Canadian Department of National Defence through its Strategic Medical Countermeasures Program.

Revenue rose in both operating segments. The company also announced an executive transition.

Revenue reached $7.28 billion, up 12% year over year, and exceeded estimates by $20 million.

The announcement follows third-quarter net returns above $4 million as returns linked to Spark Savings' USDT balances moved above funding costs.

Revenue and GAAP earnings per share from continuing operations declined from the year-earlier quarter. Liquidity totaled $733.1 million.

The package combines dividends and stock buybacks. Memory and AI-linked shares moved higher in U.S. premarket trading Wednesday.

BYD hopes the tracks will help create an auto culture in China.

The installment of *VENU Capital Conversations* featured founder, Chairman and CEO J.W. Roth.