Business — Page 86

Infrastructure accounted for $90.5 million across seven deals as Bitcoin, Ether and total crypto market value fell during the week.

PUMP will move to 60%, while POLYX and ONG will each rise to 30%. The changes cover cross-margin products and Binance’s Unified Account programs.

Employees will receive Shinhan-issued tokens through GIWA Wallet and scan QR codes to pay at a merchant inside Shinhan Card’s headquarters.

The company projects diluted earnings per share of $0.62 to $0.70 and expects low-single-digit sequential revenue growth after adjusting for billing days.

Lee did not quantify the increase and expects semiconductor prices to keep rising more slowly than in 2026.

CEO Mike Olosky said the company expects to share details in the coming weeks. Third-quarter sales rose 2.3% to $638.1 million, while operating margin slipped to 22.1%.

The filing lists $11.555 billion in second-quarter sales and $974 million in operating profit.

The company is discussing pre-IPO financing at a $4 billion to $5 billion valuation and has more than nine million customers.

The company also forecast fourth-quarter adjusted EBITDA of $4.2 million to $4.4 million and separately projected an annualized run rate above $17 million.

Its first next-generation spacecraft is due at Spaceport America in New Mexico on Oct. 28, marking a shift toward flight-test preparation.

The acquisition would pair Classiq’s quantum algorithm software with Intel’s silicon-based qubit hardware. It is expected to close in the first half of 2027.

Bitnomial would create and clear the markets, while NinjaTrader Clearing would carry client accounts under the proposed structure.

The company swung from a second-quarter loss as adjusted EBITDA reached $454.7 million; Data Centers adjusted EBITDA rose to $68.7 million.

The offshore driller lowered the top end of its adjusted EBITDA outlook and raised its 2026 capital spending guidance.

Diluted earnings were 87 cents per share, and operating margin was 34.6%. Netflix projected fourth-quarter revenue of $13.442 billion.

A $9.9 million charge-off was tied to one out-of-market borrower relationship, which still had about $1.5 million in loans outstanding at quarter-end.

Operating revenue rose 32.4% to $1.038 billion, while operating expenses increased 40.2%. Average economic fuel cost climbed 57.4% to $4.10 per gallon.

The company’s earnings call is scheduled for Wednesday morning. Its latest results showed revenue growth alongside lower year-over-year margins in both major segments.

The company also forecast GAAP diluted earnings of $0.67 to $0.87 per share and non-GAAP diluted earnings of $0.83 to $1.03.

An agreement could come as soon as Wednesday, Oct. 28, but the talks could still fall apart; neither company has announced a definitive deal or disclosed payment terms.

Net profit rose 15% year over year to $63.2 million. Earnings per share were unchanged from a year earlier and fell 16% from the prior quarter.

Eligible clients can access the dollar-settled contracts through Kraken Pro, with collateral shared across futures products and portfolio margin enabled by default.

The proposed $0.20-per-unit financing would raise $650,000 to $800,000, but the company did not specify a currency.

Net proceeds may go toward general corporate purposes, including repayment of $300 million in notes due Nov. 15, 2026.

The additional split would bring the aggregate ratio to 1-for-100, with split-adjusted trading expected to start at the market open.

People familiar with the conversations said discussions with Apollo Global Management, TPG and Blackstone took place earlier in 2026 but did not lead to a formal sale process.

The charge applies separately to the Bitcoin (BTC) Balance and Dollar Balance after 12 consecutive months without user-initiated activity.

Customers transfer USD Coin (USDC) or MXNB into a noncustodial wallet before lending through Morpho. Advertised maximum returns vary with borrower demand and are not guaranteed.

The filing marks a new IPO development, while Pyth’s index provides a 24/7 market reference tied to Anthropic.

Synthetic trading contracts implied a $1.86 trillion to $1.88 trillion valuation, but they do not represent company shares.

The unaudited six-month results showed a $2.16 million net loss and a gross margin of 40.2%.

A new special-purpose vehicle will buy Broadcom XPU accelerators and networking gear, then lease the equipment to Anthropic. Deliveries are scheduled to begin in 2027.

The Oct. 27 reduction includes employees and contractors. The company has not named the affected operations or roles.

The board authorized the extension Oct. 20; the company said approximately $70 million worth of shares had been repurchased as of its Oct. 26 announcement.

Net income reached $38.637 million and basic and diluted earnings per share were $1.03 for the quarter ended Sept. 30, 2026. The board also declared a $0.31-per-share dividend.

The company expects the charge to reduce GAAP and adjusted earnings per share by about $11.

Net interest margin reached 4.53%, while community banking loans grew 9.6% from a year earlier.

The company added a record 2.2 million products during the quarter and raised its 2026 outlook for adjusted net revenue and adjusted EBITDA.

A new vehicle will purchase Broadcom AI accelerators and networking equipment, then lease them to Anthropic. Deliveries are expected to begin in 2027.

Shareholders of record at the close of business Nov. 11 are eligible for the payment. The quarterly rate remains at the level set in July.