Track market-moving stories before they get noisy

The latest cuts affect fewer than 1,000 corporate employees as Amazon continues reshaping its retail organization. Summary

They follow a broader round of 30,000 job cuts initiated over the past year.

Amazon.com Inc. (AMZN, Financials), the e-commerce and cloud computing behemoth, is trimming another wave of corporate jobs as it continues to recalibrate a workforce that ballooned during the epidemic.

The most recent cuts impact a few hundred white-collar staff, mostly inside Amazon's Stores group that runs the company's primary e-commerce business.

The cuts include sections of the retail operation, including as customer service, marketplace support, selling partner services and engineering. Employees in U.S., U.K. and India were impacted.

Amazon said it made changes in portions of the Stores division because the new structure would better serve its aims.

The layoffs are relatively tiny in comparison to the wider 30,000-job decrease that began over the last year, but they underscore Amazon's ongoing emphasis on efficiency.

The company's continuous work force changes are partially a reflection of how quickly Amazon employed during the epidemic when online shopping demand increased, said Executive Chairman Jeff Bezos.

The real concern for investors is not so much about the current 1,000 jobs, but whether periodic restructuring can make Amazon's sprawling retail business more effective without slowing growth or hurting customer experience.

The layoffs also landed amid Amazon's Prime Big Deal Days shopping extravaganza, placing the company's cost discipline in the spotlight alongside one of its key seasonal retail pushes.

The next catalyst will be Amazon's next set of financial reports, when investors may look for indications that continuing cost cuts are translating to improved retail profitability.

Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.

Click for the complete disclosure

The investor argues that Big Tech's data center buildout may be driven as much by the race for market control as by immediate computing demand. Summary

Microsoft shares are up about 9.5% this year, according to the report.

Microsoft Corp. (MSFT, Financials), the software and cloud computing business, is confronting a familiar conundrum with a sharper edge: How much AI infrastructure expenditure is too much?

"Microsoft may be using its huge spending plans and financial metrics as a lever, and Wall Street is not looking closely enough at the numbers," investor Michael Burry (Trades, Portfolio) says. He's worried about the tech industry more generally.

“Microsoft, Amazon, Alphabet and Meta are aggressively investing in data centers because they expect AI to reinforce their market power,” Burry believes. He cited OpenAI, Anthropic and Oracle as firms making significant investments to try to join that club as well.

The debate matters because AI infrastructure is now one of the biggest capital commitments confronting Big Tech. Investors have largely bought into such outlays on the assumption that demand for computer power will continue to increase.

Burry is challenging the premise, not providing evidence that Microsoft's expenditure will not provide enough returns.

This is vital. The true test for shareholders will be whether Microsoft can leverage its growing AI infrastructure into enough Azure, Copilot and other AI-related income to justify the cash it takes.

Microsoft shares have risen around 9.5% this year, the report said. The next catalyst will be Microsoft earnings, especially what management says about AI demand, infrastructure investments and the rewards from that investment.

Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.

Click for the complete disclosure

Boeing's (BA -0.79%) backlog lies at the heart of the stock's investment case. It allows management to unlock significant value for investors. Simply put, the stock has upside potential if management can execute better operationally.

That hasn't always been the case at Boeing in recent years, but there are tangible signs of improvement under CEO Kelly Ortberg, and the company's trajectory is in the right direction.

Image source: Boeing.

The overwhelming majority of the backlog is at Boeing Commercial Airplanes (BCA), which represents more than 6,200 aircraft. It's a huge number, and despite increased 737 MAX production in 2026, the backlog rose by $33 billion in the first half of 2026. The BCA backlog accounted for slightly more than $29 billion of that overall increase.

Premium Feature

Moneyball Superscore

47/100

Today's Change

(

-0.79

%) $

-1.50

Current Price

$

188.32

Boeing continues to win orders and grow its backlog. Moreover, Wall Street expects Boeing to generate $97.9 billion in revenue this year.

Data source: Boeing presentations. Chart by author.

The backlog is positive and negative The backlog presents an opportunity for Boeing, but its duration speaks volumes about the company's difficulties in recent years. Its filings at the Securities and Exchange Commission (SEC) said: "We expect approximately 21% to be converted to revenue through 2027 and approximately 62% through 2030, with the remainder thereafter. Significant uncertainty remains about when backlog will convert into revenue."

That's a relatively long duration, meaning that it will take time to convert into earnings and cash flow. It's concerning for two reasons:

It contains some aircraft that aren't even certified yet, such as the wide-body 777X and the longer 737-10 narrow-body. The long duration reflects the bottlenecks and challenges that Boeing has in ramping up aircraft production. What it means for investors Boeing's backlog is not without risk, but the fact that 737 MAX production has gone from the low 30s per month at the start of 2025 to a target of stabilizing at 47 per month is a very positive sign. As long as Boeing can keep making progress on this front, investors will have reason to believe it can deliver on its backlog.

Lee Samaha has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Boeing. The Motley Fool has a disclosure policy.

Nvidia (NVDA -0.74%) shares have risen by 29% in 2026 (as of Oct. 5). This continues a monster winning streak that has seen the shares increase by more than 1,110% over the past five years, catapulting the business to a $5.8 trillion market capitalization.

There's one obvious reason this artificial intelligence (AI) stock is a screaming buy in October. There's also one reason to be wary.

Image source: The Motley Fool.

Valuation is one reason why Nvidia looks like a no-brainer buying opportunity this month. Shares currently trade at a forward price-to-earnings ratio of 24.9. This is what the market is asking you to pay for a dominant business that posted year-over-year revenue and net income growth of 106% and 126%, respectively, in the most recent fiscal quarter (Q2 2027 ended July 26).

The ongoing AI build-out, measured by the five big hyperscalers on track to easily exceed $1 trillion in capital expenditures in 2027, is unprecedented. Nvidia has gained the most financially from this surge in spending.

Premium Feature

Moneyball Superscore

95/100

Today's Change

(

-0.74

%) $

-1.77

Current Price

$

237.47

It's also wise for investors to be a bit cautious, however. No one has the slightest idea about how long this AI build-out boom will last. Durability is the biggest unknown variable. If the hyperscalers don't see adequate returns on invested capital, the impact will be felt up the value chain. Demand for Nvidia's graphics processing units would be under pressure, which would adversely affect the stock price.

The market isn't forgiving when it comes to decelerating growth trends.

Neil Patel has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Nvidia. The Motley Fool has a disclosure policy.

Delta Air Lines, Inc. (NYSE:DAL) will release third-quarter earnings before the opening bell on Friday, Oct. 9.

Analysts expect the air carrier to report quarterly earnings of $1.76 per share, up from $1.71 per share a year ago. The consensus estimate for DAL’s quarterly revenue is $18.92 billion. It reported $16.67 billion last year, according to Benzinga Pro.

Ahead of quarterly earnings, Susquehanna analyst Christopher Stathoulopoulos maintained a Positive rating on Delta Air and lowered the price target from $105 to $100, while Bernstein analyst David Vernon maintained an Outperform rating and cut the price target from $106 to $100.

With the recent buzz around Delta Air Lines, some investors may be eyeing potential gains from the company’s dividends. Currently, Delta Air Lines has an annual dividend yield of 1.04%, with a quarterly dividend of 21.5 cents per share (86 cents a year).  

So, how can investors exploit its dividend yield to pocket a regular $500 monthly?

To earn $500 per month, or $6,000 annually, from dividends alone, you would need an investment of about $578,882, or around 6,977 shares. For a more modest $100 per month ($1,200 per year), you would need $115,743 or about 1,395 shares.

To calculate: Divide the desired annual income ($6,000 or $1,200) by the dividend ($0.86 in this case). So, $6,000 / $0.86 = 6,977 ($500 per month), and $1,200 / $0.86 = 1,395 shares ($100 per month).

Note that dividend yield can change on a rolling basis, as dividend payments and stock prices both fluctuate over time.

How that works: The dividend yield is computed by dividing the annual dividend payment by the stock’s current price.

For example, if a stock pays an annual dividend of $2 and is currently priced at $50, the dividend yield would be 4% ($2/$50). However, if the stock price increases to $60, the dividend yield drops to 3.33% ($2/$60). Conversely, if the stock price falls to $40, the dividend yield rises to 5% ($2/$40).

Similarly, changes in dividend payments can affect the yield. If a company increases its dividend, the yield will also increase, provided the stock price stays the same. Conversely, if the dividend payment decreases, so will the yield.

DAL Price Action: Delta Air Lines shares fell 0.8% to close at $82.97 on Wednesday.

Photo via Shutterstock

© 2026 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Eight justices must decide whether federal law blocks Boulder's state claims, leaving a possible deadlock. Summary

The ruling could reshape litigation exposure far beyond one Colorado lawsuit.

Exxon Mobil XOM, the integrated oil-and-gas producer, traded at $163.66, down approximately 0.5% at 12.09pm EST on October 7, as a Supreme Court case put climate liability back in focus. According to AP's reporting, the dispute could shape whether Boulder and other communities can pursue damages against oil producers. The stakes stretch well beyond one local lawsuit.

The court heard arguments on October 5 in Suncor Energy v. Commissioners of Boulder County, docket 25-170. Exxon and Suncor argue that federal law blocks Boulder's state claims. Boulder argues it wants compensation for local damage and allegedly misleading conduct. That distinction matters: the justices must consider whether those claims can proceed despite federal authority over emissions.

Justice Samuel Alito's recusal leaves eight justices participating. A tie would leave Colorado's ruling intact and let the case continue; a ruling favoring the producers could narrow the path for similar lawsuits. Meanwhile, the valuation graphic puts Exxon 24.55% above its $131.40 GF Value estimate, suggesting the shares already carry a substantial premium. Investors have two questions to weigh: how far the legal precedent reaches, and how much valuation cushion remains.

Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.

Click for the complete disclosure

Cisco just posted its fifth straight earnings beat while AI infrastructure orders piled up, but the real question is whether the valuation still leaves room to run or whether this rally has already priced in the upside.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

The 24/7 Wall St. price target for Cisco Systems (NASDAQ:CSCO | CSCO Price Prediction) is $132.90 over the next 12 months. Shares trade at $117.71 this morning, so the target means 12.9% upside. The model gives Cisco a buy rating with high confidence.

24/7 Wall St. Price Target Summary Metric Value Current Price $117.71 Price Target from 24/7 Wall St. $132.90 Upside 12.9% Recommendation BUY Confidence Level 90% Cisco has changed from a slow-growth dividend payer into one of the cleaner ways to own AI networking. Our target sits a bit below the consensus analyst target of $136.16 because the model reduces mega-cap upside on purpose. Even so, it points higher from here.

AI Orders Fueled a 55.6% Rally This Year Cisco is up 10.48% over the past week, 8.2% over the past month and 55.6% year to date. Shares sit 9% below the 52-week high of $129.38 and 79.4% above the low of $65.60.

Fiscal Q4 revenue came in at $17.25 billion, up 17.6% and ahead of the $16.83 billion estimate. Non-GAAP EPS of $1.22 exceeded the $1.17 consensus, Cisco’s fifth straight beat. AI infrastructure orders reached $9.3 billion for fiscal 2026. Management forecast fiscal 2027 revenue to $72.2 billion to $73.4 billion and EPS to $5.05 to $5.11.

Why Bulls See $139 and Beyond Our bull case reaches $139.29. Hyperscaler AI revenue is expected to hit $7.5 billion in fiscal 2027. Cisco also holds three P200 scale-across design wins, and Wi-Fi 7 now makes up more than 50% of wireless orders.

CEO Chuck Robbins said, “We believe we’re only at the beginning of this super cycle.” Analysts agree: 5 rate Cisco a Strong Buy, 14 a Buy and 9 a Hold, and none rate it a Sell.

Margin Pressure Is the Risk to Watch Our bear case comes to at $110.74. Non-GAAP gross margin slid to 66.3% from 68.4%, and the CFO warned of “a slight gross margin headwind” through fiscal 2027.

Price increases added about five points to Q4 growth, which flatters volume. To be fair, operating margin still rose to 35.9% from 34.3%. Cash fell 23.8%, but that reflects $12.7 billion returned to shareholders.

Cisco Looks Cheap Next to Arista and HPE Arista Networks (NYSE:ANET) is Cisco’s most direct AI data-center rival. Arista increased revenue 37.69% last quarter but trades at 77x earnings. Cisco trades at an implied 27x trailing and 23x forward earnings.

Hewlett Packard Enterprise (NYSE:HPE) is now a larger enterprise networking rival after buying Juniper Networks. Its networking revenue increased 74.9%, a figure raised by the deal, while its non-GAAP operating margin was 16.2%. The 24/7 Wall St. price target looks conservative against both peers.

Company P/E Latest Qtr Revenue Growth Non-GAAP Op. Margin Cisco 27 17.6% 35.9% Arista 77 37.69% 49.9% HPE 1,643 32.72% 16.2% Cisco Price Prediction 2026-2030 The 24/7 Wall St. price target of $132.90 comes with a buy rating and 90% confidence. What tips the scale for me is AI growth at a valuation far below Arista’s (we rounded up seven companies driving the AI data-center expansion, from power to networking, which you can find here).

The setup strengthens if hyperscaler AI revenue tracks toward $7.5 billion while operating margin holds near 35%. It weakens if gross margin compression speeds up or hyperscaler orders stall. On the current data, Cisco’s new growth phase looks real.

The 24/7 Wall St. price target model projects where Cisco could trade, assuming current growth and market conditions hold.

Year Price Target from 24/7 Wall St. 2026 $121.63 2027 $133.14 2028 $146.53 2029 $160.22 2030 $171.46 The projections assume Cisco keeps executing on Silicon One, optics and security. Big moves either way could come from changes in hyperscaler capital spending or tariff policy.

Contact [email protected] for any questions or corrections.

Vancouver, British Columbia--(Newsfile Corp. - October 8, 2026) - StrikePoint Gold Inc. (TSXV: SKP) (OTCQB: STKXF) ("StrikePoint" or the "Company") is pleased to announce that it has completed its previously announced acquisition (the "Transaction") of the Northumberland Gold Project ("Northumberland" or the "Project") located in Nevada's Walker Lane, from subsidiaries of Newmont Corporation ("Newmont") (NYSE: NEM). Trading has resumed following closing of the Transaction and will reflect the consolidation, announced on September 29, 2026.

StrikePoint Gold Highlights:

The Northumberland Gold Project hosts an independent mineral resource estimate ("MRE") of 2.86 million oz ("Moz") of gold equivalent ("AuEq") in the indicated category and 1.57 Moz of AuEq* in the inferred category contained within 67 million tonnes ("Mt") and 31 Mt, respectively.* For grades by individual metals, see Table 1 below, which includes the basis of the AuEq calculation. Brownfields site on private land potentially simplifies permitting: The current MRE for Northumberland is contained on private property which previously hosted open pit production.StrikePoint is funded to significantly advance Northumberland. With approximately C$90M in working capital post closing and related costs the Company is positioned to rapidly advance the Project. Regional Exploration Package: In addition to the known mineral resources at Northumberland, numerous near-pit and property-wide exploration targets offer potential for further additions to the mineral resource.Exploration Opportunities: Northumberland has not been explored since approximately 2010, when the gold price was much lower. Drill Permits in Place: Five separate drill permits are currently in place and are expected to facilitate rig mobilization and efficient exploration on both private and public land, subject to applicable permit transfer or replacement requirements.Strong Shareholder Base: Tembo Capital, Ithaki and Blackrock combined own more than 40% of the Company, and new shareholders represent more than 90% of the current shareholders of the Company. Michael G. Allen, President and CEO of StrikePoint, said "Northumberland represents a transformational acquisition for StrikePoint. While the current resource is significant, I am particularly excited by the exploration potential seen to date. We anticipate commencing drilling within a month with the goal of expanding and infilling the existing mineral resource. In addition, new untested targets are emerging and may be drilled in 2027. I would like to thank all the talented individuals that helped with the effort to acquire the Northumberland Gold Project and I look forward to the first exploration efforts on the Project in over 15 years."

The Northumberland Gold Project

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/5044/318008_94462ddf54d0ab84_002full.jpg

References to active mines and other mineral projects is for illustration purposes only. There can be no assurances the Company will achieve comparable results.

Project Location & Infrastructure

Northumberland is located approximately 150 kilometers by road from Tonopah, Nevada. Access is via paved highway and all-weather county road. Northumberland is located within the Walker Lane of Nevada. The Walker Lane is a prolific mineral trend with significant historical production, new discoveries (including AngloGold's Arthur Gold Project as well as Centerra's Goldfield Project, both currently under construction) and operational mines including the Round Mountain Mine operated by Kinross. Northumberland's mineralization is considered to be Carlin-style: sediment hosted with fine disseminated gold. References to other mining projects and operations are for geographic context only and are not intended to imply comparable economics, resources, or production potential.

Project History

Gold was initially discovered at Northumberland in the late 1800s. Significant oxide mineralization was discovered in the 1930s and was mined intermittently by various operators until 1991. Interests in the property were transferred to Nevada Western Gold LLC, which became a subsidiary of New West Gold in 2005. Fronteer Gold acquired Nevada Western's interest in Northumberland in 2007, before Fronteer, including Northumberland, was acquired by Newmont in 2011.

Initial Mineral Resource Estimate

The current MRE represents StrikePoint's initial MRE for the Project. The available drilling information includes 1,511 reverse-circulation and 37 core holes, drilled by previous operators of the Project, including Cyprus Mines Corporation, Western States Minerals Corporation, Newmont USA Limited, and Fronteer Development Group Inc. StrikePoint has not yet carried out any drilling or exploration activities at the Project.

The MRE was prepared by Mr. Hebert Lopes Oliveira, B.Sc., P.Geo., Principal Resource Geologist at SLR Consulting (Canada) Ltd. ("SLR"), who is an independent Qualified Person ("QP") for the purposes of National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101"). The MRE has an effective date of July 31, 2026 and uses the CIM (2019) Estimation of Mineral Resources and Mineral Reserves (MRMR) Best Practice guidelines and the CIM (2014) definitions for Mineral Resources. SLR has estimated a mineral resource as follows:

Indicated Resource: 67,008 kt containing 2.71 Moz of gold ("Au") grading at 1.26 g/t Au with 11.60 Moz of silver ("Ag") grading at 5.38 g/t Ag. Combined, the gold and silver indicated mineral resource equates to 2.86 Moz of AuEq* at an average grade of 1.33 g/t AuEq*. Inferred Resource: 30,967 kt containing 1.52 Moz of gold at a grade of 1.53 g/t Au with 4.26 Moz of silver at a grade of 4.28 g/t Ag. Combined, the gold and silver inferred mineral resource equates to 1.57 Moz of AuEq* at an average grade of 1.58 g/t AuEq*. * For grades by individual metals, see Table 1 below, which includes the basis of the AuEq calculation.

Table 1: Northumberland Resource Estimate (Effective Date of July 31, 2026)

Category Tonnage
(kt) Grade
(g/t Au) Grade
(g/t Ag) Grade
(g/t AuEq*) Contained Metal
(Au oz) Contained Metal
(Ag oz) Contained Metal
(AuEq* oz) Indicated 67,008 1.26 5.38 1.33 2,709,000 11,599,000 2,857,000 Inferred 30,967 1.53 4.28 1.58 1,519,000 4,260,000 1,568,000 Notes: The MRE was prepared by Mr. Hebert Lopes Oliveira, B.Sc., P.Geo., Principal Resource Geologist at SLR, who is an independent Qualified Person (QP) for the purposes of National Instrument 43-101 Standards of Disclosure for Mineral Projects (NI 43-101). This is the initial MRE for StrikePoint, and reflects revised price, cost, and technical assumptions over historical MREs, which should not be relied on. The MRE incorporates the CIM (2019) Estimation of Mineral Resources and Mineral Reserves (MRMR) Best Practice guidelines and the CIM (2014) definitions were followed for Mineral Resources. Metallurgical recoveries consider oxidation state as defined by sulphide content: < 0.5% (oxide) and ≥ 0.5% (fresh), and further subdivide fresh material into low, medium and high preg robbing categories as estimated from preg robbing values (PRV) and assumed as follows: Oxide material: 75% for both Au and Ag Fresh, low PRV material: 90% Au; 70% Ag Fresh, medium PRV material: 80% Au; 60% Ag Fresh, high PRV material: 60% Au; 40% Ag Gold Equivalent (AuEq) = Au(g/t) + (Ag(g/t) x (Ag price x Ag recovery / Au price x Au recovery)).Mineral Resources are estimated at variable AuEq cut-off grades based on long term prices of US$3,500 per gold ounce and US$55 per silver ounce and Au and Ag recoveries by material type as follows: 0.16 g/t (oxide); 0.31 g/t (fresh, low PRV); 0.35 g/t (fresh, medium PRV); and 0.47 g/t (fresh, high PRV). Mineral Resources are reported within an optimized pit shell, using the following assumptions: Overall pit slope angles of 45° Mining costs of US$2.12/tonne (t) mined G&A costs of US$1.35/t milled Processing costs of US$12/t milled (oxide); US$30/t milled (sulphide) In situ bulk density is 2.6 t/m3. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. There are no Mineral Reserves at Northumberland. This Mineral Resource estimate includes Inferred Mineral Resources which have had insufficient work to classify them as Indicated Mineral Resources. It is uncertain but reasonably expected that Inferred Mineral Resources could be upgraded to Indicated Mineral Resources with continued exploration. Numbers may not add or multiply accurately due to rounding. The effective date of the Mineral Resource Estimate for Northumberland is July 31, 2026 The QP is not aware of any environmental, permitting, legal, title, taxation, socio-economic, marketing, political, or other relevant factors not discussed in this news release and the Technical Report that could materially affect the Mineral Resource estimate. Table 2: Pit Optimization Parameters and Calculation of Marginal Cut-Off Grades

Parameter Units Non Preg-
Robbing (Oxides) Low Preg-
Robbing Medium Preg-
Robbing High Preg-
Robbing Gold Price US$/oz3,500 3,500 3,500 3,500 Gold Payability %99.5 99.5 99.5 99.5 Selling Cost (Transport & Refining) US$/oz Au5.00 5.00 5.00 5.00 NSR Price US$/oz Au3,495 3,495 3,495 3,495 Metallurgical Recovery %75 90 80 60 Unit Operating Costs (Process + G&A) US$/t milled13.35 31.35 31.35 31.35 Marginal Cut-off Grade g/t0.16 0.31 0.35 0.47 The Northumberland deposit is open in multiple directions, and the property package has targets that may be subject to future exploration. Any potential expansion of the MRE would be subject to the results of further exploration.

Qualified Person Statement

All technical data and scientific data, as disclosed in this news release, have been reviewed and approved by Michael G. Allen, P.Geo., President and CEO of the Company. Mr. Allen is a qualified person as defined under the terms of NI 43-101.

About StrikePoint

StrikePoint is a Vancouver-based multi-asset gold exploration company focused on acquiring, defining and developing precious metals resources in the Western United States. StrikePoint's flagship project is the 100% owned Northumberland Gold Project located in Nevada's Walker Lane. In addition to Northumberland, StrikePoint owns a portfolio of exploration properties in Nevada, including the Hercules and Cuprite Gold Projects.

About Nevada

Nevada is one of the most globally recognized mining jurisdictions in the world, with over 218 Moz Au produced to date. Multiple large mining companies operate mines in the state, including Nevada Gold Mines (Barrick/Newmont), Kinross, SSR Mining, McEwen Mining, and Integra Resources.

ON BEHALF OF THE BOARD OF DIRECTORS OF STRIKEPOINT GOLD INC.

"Michael G. Allen"

Michael G. Allen
President, Chief Executive Officer & Director

For more information, please contact:      StrikePoint Gold Inc. Michael G. Allen, President, CEO & Director Knox Henderson, Head of Investor RelationsT: (604) 374-8381 T: (604) 551-2360E: [email protected] E: [email protected]: www.strikepointgold.com Cautionary Statement on Forward-Looking Information

Certain statements made and information contained herein may constitute "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian and United States securities legislation. These statements and information are based on facts currently available to the Company and there is no assurance that actual results will meet management's expectations. Forward-looking statements and information are characterized by such terms as "anticipate", "target", "estimate", "plan", "expect", "potential", variants of these words and other similar words, phrases, or statements that certain events or conditions "could", "may", "will", or "would" occur. These forward-looking statements or information relate to, among other things: the intended use of the Company's balance sheet; the payment of the contingent consideration to Newmont following completion of a Feasibility Study and the achievement of certain commercial production milestones at Northumberland; the MRE, including the potential upgrade of Inferred Mineral Resources to Indicated Mineral Resources with continued exploration; the Company's exploration and development plans for Northumberland and the results thereof, including the exploration targets described herein and the potential expansion of the MRE; the potential for the location of the MRE on private land to simplify permitting; and the expectation that existing drill permits will facilitate rig mobilization and efficient exploration, and the transfer or replacement of such permits following closing; the timing of the commencement of drilling, and the results thereof; and the assumptions used to define the mineral resources, including costs and assumed recoveries.

Such forward-looking information and statements are based on numerous assumptions, including, among others, that the MRE will not be materially revised, that further exploration at Northumberland will produce results consistent with management's expectations, that the Company will complete a Feasibility Study and achieve certain commercial production milestones at Northumberland as currently contemplated, that existing drill permits will be successfully transferred or replaced following closing, that required permits and approvals will be obtained on a timely basis, that trading in the Shares will resume on the TSXV within the timeframe anticipated by management, and that the Company will have access to sufficient capital to fund its planned exploration and development activities. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.

All of the forward-looking statements made in this document are qualified by these cautionary statements. Important factors that could cause actual results to differ materially from the Company's plans or expectations include risks relating to: business integration risks; the accuracy of the MRE, which is based on assumptions regarding metal prices, cut-off grades, recoveries and other parameters that may prove incorrect; the fact that Mineral Resources are not Mineral Reserves and do not have demonstrated economic viability; the risk that further exploration will not result in the delineation of additional mineral resources at Northumberland or the upgrade of Inferred Mineral Resources to Indicated Mineral Resources; delays in, or failure to complete, a Feasibility Study or achieve certain commercial production milestones at Northumberland, which would affect the timing of the contingent payments to Newmont; the risk that existing drill permits may not be successfully transferred or replaced following closing; delays in the resumption of trading in the Shares; fluctuations in gold and silver prices; market conditions and access to capital; and other risks associated with the mining industry, including permitting, environmental, title and regulatory risks. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, forecast or intended and readers are cautioned that the foregoing list is not exhaustive of all factors and assumptions which may have been used. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking information. Accordingly, there can be no assurance that forward-looking information will prove to be accurate and forward-looking information is not a guarantee of future performance. Readers are advised not to place undue reliance on forward-looking information. The forward-looking information contained herein speaks only as of the date of this document. The Company disclaims any intention or obligation to update or revise forward-looking information or to explain any material difference between such and subsequent actual events, except as required by applicable law.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note for U.S. Investors Concerning Mineral Resources

This news release has been prepared in accordance with the requirements of the securities laws in effect in Canada, which differ from the requirements of United States securities laws. The terms "mineral resource", "measured mineral resource", "indicated mineral resource" and "inferred mineral resource" are defined in and required to be disclosed by NI 43-101; however, these terms are not defined terms under the U.S. Securities and Exchange Commission ("SEC") modernization rules, known as "S-K 1300", and are normally not permitted to be used in reports and registration statements filed with the SEC. Investors are cautioned not to assume that all or any part of a "measured mineral resource", "indicated mineral resource" or "inferred mineral resource" will ever be upgraded to a higher category or converted into mineral reserves in accordance with S-K 1300. "Inferred mineral resources" have a great amount of uncertainty as to their existence, and great uncertainty as to their economic and legal feasibility. Under Canadian rules, estimates of inferred mineral resources may not form the basis of feasibility or pre-feasibility studies, except in rare cases. Investors are cautioned not to assume that all or any part of an inferred mineral resource exists or is economically or legally mineable. Disclosure of "contained ounces" in a mineral resource is permitted disclosure under Canadian regulations; however, the SEC normally only permits issuers to report mineralization that does not constitute "reserves" by SEC S-K 1300 standards as in place tonnage and grade without reference to unit measures. Accordingly, information contained in this news release contains descriptions of the Company's mineral deposits that may not be comparable to similar information made public by U.S. companies subject to the reporting and disclosure requirements under the United States federal securities laws and the rules and regulations thereunder.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/318008

Source: StrikePoint Gold Inc.

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

Contact Us

Tesla drivers can now pay 30% less for miles driven with FSD (Supervised) v14 Lite engaged

, /PRNewswire/ -- Lemonade (NYSE: LMND) today announced that its Autonomous Car insurance now supports more Tesla vehicles. Drivers in Arizona, Colorado, and Tennessee with HW3 and the new FSD (Supervised) v14 Lite can now save 30% on miles driven with FSD engaged. Tesla drivers with HW4 and FSD v14.2 or newer continue to save 50% on those miles.

FSD Lite is Tesla's adaptation of its v14 software for vehicles equipped with HW3, Tesla's previous-generation onboard computer. According to Tesla, the build distills the driving behavior of Tesla's v14 software into the camera and configuration of AI3, addressing challenging driving scenarios with improved proactive and reactive responsiveness.

"Tesla has done something remarkable with v14 Lite by taking the intelligence from its newest hardware and making it available to owners of older Teslas," said Shai Wininger, President and Co-Founder of Lemonade. "We're excited to launch our support for the new FSD Lite with three states today, and more coming soon."

Lemonade Autonomous Car uses Tesla's Fleet API, which gives Lemonade access to vehicle data with a customer's permission, to distinguish between FSD (Supervised) engaged and human-driven miles and price each accordingly.

Tesla owners in Arizona, Colorado, and Tennessee can enroll in Autonomous Car pricing at tesla.lemonade.com/fsd. Additional savings are available when bundled with Lemonade Renters, Pet, or Home insurance.

*Full Self-Driving (Supervised) requires active driver supervision and does not make the vehicle autonomous.

About Lemonade

Lemonade's mission is to become the most loved insurance company in the world. As a customer-centric tech company, we created an insurance experience across Renters, Home, Pet, Car, and Life that is smart, instant, and delightful. Our team of 1,300+ Lemonade Makers make it possible for over 3M customers throughout the US, UK and Europe to get coverage instantly, with nearly half of claims paid in a matter of seconds. Powered by AI and social impact, Lemonade is a purpose-built, technology-first insurance carrier. A Certified B-Corp, our commitment to social impact is embedded in every aspect of the company, and our Giveback program, which donates a percentage of leftover premiums to nonprofits selected by our community, has donated over $12M to organizations in need.

SOURCE Lemonade, Inc.

Micron Stock Keeps Soaring. Here's Why Investors Should Watch the Buybacks Instead Summary

Micron stock is soaring on AI-driven memory demand, but management appears more focused on buybacks than splitting the shares

Micron Technology MU is leaning toward returning excess cash through share repurchases rather than using a stock split as its four-digit share price draws attention.

The memory-chip maker ended fiscal 2026 with $133.19 billion in revenue and $84.97 billion in GAAP net income. Operating cash flow reached $89.68 billion, versus $17.53 billion a year earlier.

Micron said its current buyback authorization stands at $2.2 billion and that it expects to increase capital returns beginning Dec. 9. Chief Financial Officer Mark Murphy said the company plans to seek additional authorization in the near term.

The cash buildup reflects demand for memory used in artificial intelligence systems. Micron has signed 26 strategic customer agreements, which it estimates will represent more than 35% of revenue through 2030. The company expects fiscal 2027 free cash flow to remain strong while funding higher manufacturing and R&D spending.

A stock split could lower the price of each share without changing the company’s overall value. For now, management’s stated priority is reducing the share count through repurchases. Shares climbed 4.06% to $1,088 in Wednesday trading.

Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.

Click for the complete disclosure

The final Micron (NASDAQ: MU) dividend of 2026 is coming later this month, when the technology company is once again going to reward its shareholders with some passive income.

Specifically, fourth-quarter Micron stock dividend has been declared to be paid on October 29, 2026, with the ex-dividend date as of October 14.

As in the previous quarter, Micron shareholders will receive $0.15 for each share they hold, meaning 100 MU shares are going to net a total of $15 in the final quarter of 2026.

With Micron stock trading around $1,088, a 100-share position would currently be worth approximately $108,800. That means the upcoming $15 dividend represents a quarterly cash yield of roughly 0.014% on a 100-share position at that price.

Micron’s next dividend. Source: Dividend.com

Looking at the figure, it is obvious that Micron’s dividend remains relatively small compared with the stock’s market value. However, the company has nevertheless raised its quarterly payout to $0.15 in 2026 from $0.115 in 2025, giving investors hope the number could go up even more next year.

Micron dividend 2026 As of October 9, the company offers a dividend yield of 0.06%, significantly below the 1.37% average yield for technology stocks. However, this highlights the fact that Micron is primarily viewed as a growth stock rather than a traditional income investment. 

Indeed, its forward payout ratio stands at just 0.35%, indicating that only a very small portion of the company’s earnings is currently being returned to shareholders through dividends.

Likewise, the next dividend follows reports of a record fiscal 2026. Notably, the company reported $133.19 billion in full-year revenue and $84.97 billion in GAAP net income, while fourth-quarter revenue reached record levels amid strong demand for memory used in artificial intelligence (AI) and data-center applications.

As MU shares have also surged sharply over the past year, the recent financial results also prompted a wave of bullish Micron stock price revisions, which argued the market has not yet fully grasped the chipmaker’s long-term potential.

Featured image via Shutterstock

Best Crypto Exchange for Intermediate Traders and Investors

Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals.

0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

Copy top-performing traders in real time, automatically.

eToro USA is registered with FINRA for securities trading.

30+ million Users worldwide

Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

Join Finbold's newsroom, become a Sales Executive today! Apply now to join Finbold as a crypto/finance news writer!

Vancouver, British Columbia--(Newsfile Corp. - October 8, 2026) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") announces that total production in the third quarter of 2026 from the Company's four producing underground mines in Mexico, namely, the Santa Elena Silver/Gold Mine ("Santa Elena"), the Los Gatos Silver Mine ("Los Gatos") (the Company holds a 70% interest in the Los Gatos Joint Venture that owns the mine), the San Dimas Silver/Gold Mine ("San Dimas"), and the La Encantada Silver Mine ("La Encantada") reached 3.4 million silver ("Ag") ounces, 29,552 gold ("Au") ounces, 13.3 million pounds of zinc ("Zn"), 7.8 million pounds of lead ("Pb") and 221,111 pounds of copper ("Cu").

Q3 2026 PRODUCTION HIGHLIGHTS

Silver Production (72% of guidance midpoint): The Company produced 3.4 million silver ounces in the quarter, reaching 72% of the 2026 revised guidance midpoint. The lower production was mostly driven by a labour dispute at San Dimas, which impacted the operations by 12 days in Q3 2026.

Silver Sales: The Company sold 3.5 million silver ounces in the quarter, on an attributable basis (4.0 million silver ounces on a 100% basis for Los Gatos), compared to 3.4 million ounces in the second quarter of 2026 (3.9 million on a 100% basis).

Gold Production (75% of guidance midpoint): The Company produced 29,552 gold ounces in Q3 2026, aligned to the Company's revised 2026 guidance, despite the labour disruptions at San Dimas.

Gold Sales: The Company sold 31,934 gold ounces in the quarter, compared to 32,681 ounces in the second quarter of 2026.

Continued Active Exploration: During the third quarter, the Company completed a total of approximately 78,475 metres ("m") of drilling across its mines in Mexico and the Jerritt Canyon Gold Mine in Nevada, USA ("Jerritt Canyon"). During the quarter, up to 33 drill rigs were active consisting of six rigs at Los Gatos, eight rigs at Santa Elena, 13 rigs at San Dimas, two rigs at La Encantada and four rigs at Jerritt Canyon.

Safety Performance: The consolidated Total Reportable Incident Frequency Rate ("TRIFR") was 0.61, while the Lost Time Incident Frequency Rate ("LTIFR") was 0.10, maintaining First Majestic as a leader amongst its peer group.

Sustainability Efforts: The Company received an aggregate score of 50 across multiple environmental, social and corporate governance topics in S&P Global's annual Corporate Sustainability Assessment published at the end of September. This score places the Company in the top 17% of mining companies globally.

"First Majestic remains focused on meeting its production guidance and, with a focus on controlling costs, looks forward to delivering enhanced profitability to investors through the rest of the year," said Keith Neumeyer, CEO. "Despite labour disruptions at San Dimas impacting operations and production, our team is working diligently to resolve the situation and return to normal operations as quickly as possible. At Santa Elena and Los Gatos, our mill and mine expansion projects continue to advance on schedule, with both expected to be completed in the near term. Meanwhile, La Encantada delivered another strong quarter of production. At Jerritt Canyon, the restart is progressing well and is ahead of plan in several key areas. We are accelerating recruitment efforts and site preparation activities as we work toward bringing this asset back into production and positioning it to make a meaningful contribution to the Company's future financial performance."

Attributable Consolidated Production Details:

Q3Q3Y/Y
Q2Q/Q20262025ChangeAttributable Consolidated Production Results2026Change1,088,708997,0029%Ore processed/tonnes milled1,040,3145%3,440,4473,863,673(11)%Silver ounces produced3,799,823(9)%29,55235,681(17)%Gold ounces produced34,660(15)%13,277,26413,894,548(4)%Zinc pounds produced16,484,603(19)%7,839,1827,653,7332%Lead pounds produced9,023,177(13)%221,111241,475(8)%Copper pounds produced252,938(13)%Consolidated production values include attributable ounces from the Los Gatos Silver Mine (70%).Q3 2026 Mine-by-Mine Production Details:

MineOre ProcessedTonnes per DayTonnes per Operating 
DayAg 
Grade (g/t)Au 
Grade (g/t)Ag 
RecoveryAu 
RecoveryAg Oz ProducedAu Oz ProducedLos Gatos (100%)323,8413,5593,9942000.1886%48%1,778,826893Los Gatos (70%)226,6892,4912,7962000.1886%48%1,245,178625Santa Elena286,3823,1473,360582.1469%94%368,33318,489San Dimas229,1882,5193,2241331.5188%93%859,86910,386La Encantada346,4493,8073,9181320.0166%90%967,06752Certain amounts shown in this table may not add exactly to the total amount due to rounding differences.The metal prices used to calculate the silver equivalent ounces were as follows: silver: $52.00/oz, gold: $3,900/oz, lead: $0.90/lb., zinc: $1.35/lb, and copper: $4.80/lb.Los Gatos Silver Mine (reported on a 70% attributable basis):

During the third quarter, Los Gatos produced 1,245,178 ounces of silver, 13,277,264 pounds of zinc, 7,839,182 pounds of lead, 221,111 pounds of copper and 625 ounces of gold. While ore processed and milled increased 6% in the quarter compared to Q3 2025, production at Los Gatos was partially offset by lower silver grades, and slightly lower lead and zinc recoveries.

The mill processed a total of 226,689 tonnes of ore (3,994 tonnes per operating day "tpod" on a 100% basis), with head grades of 200 g/t silver, 3.82% zinc, 1.93% lead and 0.18 g/t gold. Management continues to focus on achieving sustainably higher mill throughput at Los Gatos by increasing mining rates toward a sustained increase in ore throughput of 4,000 tpod on a 100% basis in the second half of 2026.

Silver, zinc, lead and gold recoveries during the quarter averaged 86%, 70%, 81% and 48%, respectively.

During the quarter, up to six surface drill rigs completed 10,074 m of drilling on the property. Drilling continued at the Central Deeps and Northwest Deeps zones, as well as several greenfield targets. Drilling also commenced at Southeast Deeps to test the open extensions of the mineralized zone.

Santa Elena Silver/Gold Mine:

Santa Elena produced 368,333 ounces of silver, and 18,489 ounces of gold during the quarter representing decreases of 11% and 12% year-over-year, respectively. The decline in production was primarily attributable to lower silver and gold grades, partially offset by increased mill throughput and improved metallurgical recoveries, compared to the prior year period.

The mill processed 286,382 tonnes of ore (3,360 tpod) in the third quarter, 3% higher than the same period last year, and down 6% from record throughput of 305,369 tonnes in Q2 2026, as the Company continues advancing its 3,500 tpd expansion project with planned downtime related to equipment installation for the project. A record milling month was achieved in August, with 104,000 tonnes processed and daily throughput rates frequently exceeding 3,600 tpod. Silver and gold head grades averaged 58 g/t and 2.14 g/t, respectively.

Silver and gold recoveries during the quarter improved to 69% and 94%, respectively, compared to 65% and 92% in the same period last year.

During the quarter, eight drill rigs, consisting of five surface rigs and three underground rigs, completed 19,511 m of drilling on the property. Drilling focused on the conversion of Inferred Mineral Resources to Indicated Mineral Resources at Santo Niño and Winter, as well as testing new targets in brownfield exploration.

San Dimas Silver/Gold Mine:

San Dimas produced 859,869 ounces of silver and 10,386 ounces of gold, representing a decrease of 41%, and 26%, respectively, when compared to the same period last year. The lower production was primarily attributable to reduced grades due to the impact of an ongoing labour dispute that slowed throughput of fresh ore in the quarter.

The mill processed a total of 229,188 tonnes of ore, a slight decrease of 2% compared to Q3 2025, with average silver and gold grades of 133 g/t and 1.51 g/t, respectively.

Silver and gold recoveries during the quarter averaged 88% and 93%, respectively, consistent with 88% and 92%, respectively, in the same period last year.

During the quarter, up to 13 drill rigs consisting of five surface rigs and eight underground rigs completed 29,493 m of drilling focused on the Coronado, Carmen Escobosa, Elia and Convención veins, with targets spanning across the exploration pipeline (Mineral Resource expansion and Mineral Resource conversion). Drill results from San Dimas' 2026 exploration program were released during the quarter, demonstrating Inferred to Indicated resource-conversion, and resource-addition results through multiple high-grade silver and gold intercepts across the district, plus expansion of the exploration activity footprint (see news release dated September 9, 2026).

La Encantada Silver Mine:

During the quarter, La Encantada produced 967,067 ounces of silver, representing a 68% increase compared to Q3 2025, driven primarily by a 32% increase in silver grades and a 27% increase in ore processed. Production at La Encantada improved significantly due to improved ore flow and mine development rates, and process optimization resulting from key initiatives implemented in 2025.

The mill processed a total of 346,449 tonnes of ore, a 27% increase over the same period last year, with an average silver grade of 132 g/t, compared to 100 g/t in the same period last year.

Silver recovery for the quarter was 66%, consistent with Q3 2025.

During the quarter, one surface and one underground drill rig completed 3,114 m of drilling on the property. The Company is concurrently testing new exploration targets and potential near-term mineralization expansion areas.

Jerritt Canyon Gold Mine:

Preparations to re-start the Jerritt Canyon Gold Mine continue to advance positively during the quarter. The Company remains on track to begin production from Jerritt Canyon in H2 2027.

Surface and Plant Infrastructure: BBA Consultants USA LP ("BBA") progressed through the second phase of engineering and process plant inspections. A Metso Loesche Vertical Roller Mill ("VRM") was selected as a key component of Jerritt Canyon's restart strategy. The VRM will begin to arrive on site in H1 2027 and will upgrade existing infrastructure with a more efficient and lower cost processing platform.

Rehabilitation and Development: Our underground contractor, Cementation, has safely completed 5,965 m of underground rehabilitation year-to-date to establish numerous diamond drill locations and support the operational restart. Development of some stope access drives also commenced in the quarter.

People: The hiring of key roles at site is progressing to plan. Notable hires during the quarter included Human Resources and Health and Safety Managers.

Technical Studies: The development and optimization of the re-start mine plan continues to progress well. This work is now being led by a dedicated Jerritt Canyon technical team, with the support of Stantec Consulting Services Inc. ("Stantec").

Exploration Drilling: During the quarter, up to two reverse circulation surface drill rigs and two underground core drill rigs completed approximately 16,284 m of drilling. Surface drilling focused on defining the historical deepest open pit mining depth within partially backfilled pits, while increasing confidence level on in-situ mineralization along the Central and Northern mineralized trends. Underground drilling targeted areas identified as having potential for early mining.

Q3 2026 EARNINGS AND DIVIDEND ANNOUNCEMENT

The Company plans to release its unaudited financial results for the third quarter of 2026, and announce its third-quarter dividend payment and shareholder record and payable dates for such dividend payment, before markets open on November 5, 2026.

CONFERENCE CALL ANNOUNCEMENT

The Company will host a conference call and webcast on Thursday, November 5, 2026, at 9:00 a.m. (PT) / 11:00 a.m. (ET) to provide investors and analysts with a business update, and to discuss its production and financial results for Q3 2026.

To participate in the conference call, please use the following dial-in numbers:

Canada & USA Toll-Free:+1-833-752-3407Outside of Canada & USA:+1-647-846-2866Toll-Free UK:+44-20-3514-3188Participants should dial-in at least 15 minutes prior to the start of the call to ensure placement in the conference on time.

A live webcast of the call will be accessible through the "November 5, 2026 Webcast Link" on the First Majestic home page at www.firstmajestic.com. A webcast archive will be available approximately one hour after the end of the event and will be accessible for three months through the same link as the live event.

A recording of the conference call will be available for telephone replay approximately one hour after the end of the event by calling:

USA & Canada Toll-Free:+1-855-669-9658Outside of Canada & US:+1-412-317-0088Access Code:2372437The telephone replay will be available for seven days following the end of the event.

RENEWAL OF SHARE REPURCHASE PROGRAM

The Company is also pleased to announce that the Toronto Stock Exchange ("TSX") has accepted for filing First Majestic's Notice of Intention to Make a Normal Course Issuer Bid (the "Share Repurchase Program") to be transacted through the facilities of the TSX and/or through Canadian alternative trading systems.

Pursuant to the Share Repurchase Program, First Majestic may, during the 12-month period commencing October 14, 2026, and ending on or before October 13, 2027, purchase up to 10,000,000 of its common shares ("Shares"), being approximately 2% of the Company's 493,080,912 issued and outstanding Shares as of September 30, 2026. First Majestic may purchase up to a daily maximum of 413,612 Shares (being 25% of the average daily trading volume of the Shares for the last six calendar months, which was 1,654,449 Shares), subject to the TSX rules permitting block purchases.

Under the Share Repurchase Program, other than purchases made by way of exempt offer, all purchases of Shares will be made by First Majestic on the open market through the facilities of the TSX and/or other Canadian alternative trading systems. The price that the Company will pay for any Shares will be the prevailing market price of such Shares at the time of acquisition. Any purchases under the Share Repurchase Program will depend on future market conditions, and any Shares purchased by the Company will be cancelled. Purchases under the Share Repurchase Program will be made by First Majestic's broker further to instructions from First Majestic and based upon the parameters prescribed by the TSX and by applicable law.

Under First Majestic's current normal course issuer bid, which commenced on October 14, 2025 and expires on October 13, 2026, the Company has repurchased a total of 1,700,000 shares for cancellation through open market purchases at a volume weighted average price of CDN$23.38. The Company had received TSX approval to purchase up to 24,500,000 common shares under the current program.

First Majestic believes that, from time to time, the market price of its Shares may not fully reflect the underlying value of the Company's business and its future business prospects. The Company believes that at such times the purchase of Shares would be in the best interests of the Company. Such purchases are expected to benefit all shareholders by increasing their proportionate equity interest in the Company.

QUALIFIED PERSONS

Gonzalo Mercado, P.Geo., the Company's Vice President of Exploration and Technical Services and a "Qualified Person" as defined under National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical information contained in this news release.

ABOUT FIRST MAJESTIC

First Majestic is a publicly traded mining company focused on silver and gold production in Mexico and the United States. The Company presently owns and operates four producing underground mines in Mexico: the Santa Elena Silver/Gold Mine, the Los Gatos Silver Mine (the Company holds a 70% interest in the Los Gatos Joint Venture that owns and operates the mine), the San Dimas Silver/Gold Mine, and La Encantada Silver Mine, as well as a portfolio of development and exploration assets, including the Jerritt Canyon Gold Mine, which the Company is currently in the process of re-starting.

First Majestic is proud to own and operate its own minting facility, First Mint, LLC, and to offer a portion of its silver production for sale to the public. Bars, ingots, coins and medallions are available for purchase online at http://www.firstmint.com/, at some of the lowest premiums available.

FIRST MAJESTIC SILVER CORP.

"signed"

Keith Neumeyer, CEO

Non-GAAP Financial Measures

This news release includes reference to certain financial measures which are not standardized measures under the Company's financial reporting framework. These measures include cash costs per silver equivalent ounce and all-in sustaining cost (or "AISC") per silver equivalent ounce. The Company believes that these measures, together with measures determined in accordance with IFRS, provide investors with an improved ability to evaluate the underlying performance of the Company. These measures are widely used in the mining industry as a benchmark for performance but do not have any standardized meaning prescribed under IFRS, and therefore they may not be comparable to similar measures disclosed by other companies. The data is intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS. For a complete description of how the Company calculates such measures and a reconciliation of certain measures to GAAP terms please see "Non-GAAP Measures" in the Company's most recent management discussion and analysis filed on SEDAR+ at www.sedarplus.ca and EDGAR at www.sec.gov and which is incorporated by reference herein.

Cautionary Note Regarding Forward-Looking Statements

This news release contains "forward‐looking information" and "forward-looking statements" under applicable Canadian and U.S. securities laws (collectively, "forward‐looking statements"). These statements relate to future events or the Company's future performance, business prospects or opportunities that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management made in light of management's experience and perception of historical trends, current conditions and expected future developments. Forward-looking statements in this news release include, but are not limited to, statements with respect to: the Company's expectations of completing the mill and mine expansion projects at Santa Elena and at Los Gatos in the near term; the Company achieving a sustained increase in ore throughput at Los Gatos of 4,000 tpod on a 100% basis in the second half of 2026; timing for the resolution of the labour dispute at San Dimas; timing for the arrival of the VRM at Jerritt Canyon and for the re-start of operations at the mine; timing for the release of the Company's financial results for the third quarter of 2026 and the announcement of details relating to the Company's dividend payment for the third quarter of 2026; details regarding the Company's investor conference call in November 2026 to discuss its Q3 2026 production and financial results; and timing for the commencement of the renewed Share Repurchase Program, purchase of Shares under such program and the cancellation of Shares purchased under such program. Assumptions may prove to be incorrect and actual results and future events may differ materially from those anticipated. Consequently, guidance cannot be guaranteed. As such, investors are cautioned not to place undue reliance upon guidance and forward-looking statements as there can be no assurance that the plans, assumptions or expectations upon which they are placed will occur. All statements other than statements of historical fact may be forward‐looking statements. Statements concerning proven and probable mineral reserves and mineral resource estimates may also be deemed to constitute forward‐looking statements to the extent that they involve estimates of the mineralization that will be encountered as and if the property is developed, and in the case of measured and indicated mineral resources or proven and probable mineral reserves, such statements reflect the conclusion based on certain assumptions that the mineral deposit can be economically exploited. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives or future events or performance (often, but not always, using words or phrases such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "project", "predict", "forecast", "potential", "target", "intend", "could", "might", "should", "believe" and similar expressions) are not statements of historical fact and may be "forward‐looking statements".

Actual results may vary from forward-looking statements. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results to materially differ from those expressed or implied by such forward-looking statements, including but not limited to: the duration and effects of global health crises, such as pandemics, on our operations and workforce, and the effects on global economies and society; general economic conditions including inflation risks; actual results of exploration activities; conclusions of economic evaluations; changes in project parameters as plans continue to be refined; commodity prices; variations in ore reserves, grade or recovery rates; actual performance of plant, equipment or processes relative to specifications and expectations; accidents; labour relations; social and labour unrest; relations with local communities; changes in national or local governments; changes in applicable legislation, rules or regulations and the application and enforcement thereof; delays in obtaining approvals or financing or in the completion of development or construction activities; exchange rate fluctuations; requirements for additional capital; government regulation; environmental risks; reclamation expenses; outcomes of pending litigation; limitations on insurance coverage as well as those factors discussed in the section entitled "Description of the Business - Risk Factors" in the Company's most recent Annual Information Form for the year ended December 31, 2025 filed with the Canadian securities regulatory authorities under the Company's SEDAR+ profile at www.sedarplus.ca, and in the Company's Annual Report on Form 40-F for the year ended December 31, 2025 filed with the United States Securities and Exchange Commission on EDGAR at www.sec.gov/edgar. Although First Majestic has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.

The Company believes that the expectations reflected in these forward‐looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking statements included herein should not be unduly relied upon. These statements speak only as of the date hereof. The Company does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by applicable laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/318032

Source: First Majestic Silver Corp.

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

Contact Us

Transaction high-grades Devon’s portfolio, monetizes at an attractive valuation and enhances financial flexibility  | Source: Devon Energy Corporation

HOUSTON, Oct. 08, 2026 (GLOBE NEWSWIRE) -- Devon Energy Corp. (NYSE: DVN) today announced it has entered into a definitive agreement to sell its Eagle Ford assets to Crescent Energy Company for total consideration of $4.2 billion in cash, subject to customary closing adjustments.

“This sale is a direct outcome of our ongoing portfolio review, and it sharpens our focus on the highest-return, longest-duration assets,” said Clay Gaspar, President and Chief Executive Officer. “Over the past several years, we have leveraged technology to lower costs and increase productivity while coring up our Eagle Ford acreage footprint, and the attractive price agreed to reflects both the quality of the assets and that work. Selling a relatively mature asset into a strong commodity price environment improves our go-forward capital efficiency and allows us to accelerate share buybacks, strengthen our balance sheet and increase long-term value for shareholders.”

TRANSACTION HIGHLIGHTS

Asset details: The Eagle Ford assets to be sold consist of approximately 90,000 net acres in Karnes, DeWitt, and Gonzales Counties, Texas. The assets represent approximately 4% of Devon's total BOE production.Attractive valuation: The $4.2 billion purchase price fully reflects the value of Devon’s Eagle Ford production and inventory and is accretive on a per share basis to Free Cash Flow and Net Asset Value.Portfolio high-grading and improved capital efficiency: The divestiture lengthens Devon’s inventory life, lowers the go-forward corporate breakeven and reduces the corporate base production decline rate.Financial flexibility: After-tax proceeds will be used to accelerate share repurchases and to strengthen the balance sheet through debt reduction. “This transaction is our strategy at work,” added Gaspar. “We acted decisively and countercyclically while navigating a volatile macro environment and received a price above our internal hold case, including potential strategic upside. This divestiture builds on the accretive steps taken in 2026 – combining with Coterra, adding premier Delaware Basin inventory in the federal lease sale and investing in the Solitude pipeline to integrate our gas production from wellhead to market. This marks meaningful progress in our disciplined portfolio review. We remain focused on improving the quality and longevity of our portfolio, expanding our margins and enhancing long-term value per share.”

TIMING AND ADVISORS

The transaction has an effective date of July 1, 2026 and is expected to close around year-end 2026, subject to regulatory approvals and customary closing conditions. Devon will provide additional details, including the impact on its outlook, with its third-quarter 2026 results on November 5, 2026 and conference call and webcast on November 6, 2026.

RBC Richardson Barr is serving as exclusive financial advisor and Kirkland & Ellis LLP is serving as legal advisor to Devon.  

ABOUT DEVON ENERGY

Devon Energy is a leading oil and gas producer in the U.S. with a diversified multi-basin portfolio headlined by a world-class acreage position in the Delaware Basin. Devon’s disciplined cash-return business model is designed to achieve strong returns, generate free cash flow and return capital to shareholders, while focusing on safe and sustainable operations. For more information, please visit www.devonenergy.com.

FORWARD-LOOKING STATEMENTS

This press release includes “forward-looking statements” within the meaning of the federal securities laws. Such statements include those concerning strategic plans, our expectations and objectives for future operations, as well as other future events or conditions, and are often identified by use of the words and phrases “expects,” “believes,” “will,” “would,” “could,” “continue,” “may,” “aims,” “likely to be,” “intends,” “forecasts,” “projections,” “estimates,” “plans,” “expectations,” “targets,” “opportunities,” “potential,” “anticipates,” “outlook” and other similar terminology. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Devon expects, believes or anticipates will or may occur in the future are forward-looking statements. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond our control. Consequently, actual future results could differ materially and adversely from our expectations due to a number of factors, including, but not limited to: the delay or failure to consummate the transaction due to unsatisfied closing conditions or otherwise; the actual amount of proceeds received due to purchase price adjustments, and the ultimate use of those proceeds; changes in commodity prices, market conditions or other circumstances that could negatively impact Devon’s ability to complete the anticipated share repurchases and debt reductions; and any of the other risks and uncertainties discussed in Devon’s 2025 Annual Report on Form 10-K (the “2025 Form 10-K”) or other filings with the Securities and Exchange Commission (“SEC”).

The forward-looking statements included in this press release speak only as of the date of this press release, represent management’s current reasonable expectations as of the date of this press release and are subject to the risks and uncertainties identified above as well as those described elsewhere in the 2025 Form 10-K and in other documents we file from time to time with the SEC. We cannot guarantee the accuracy of our forward-looking statements, and readers are urged to carefully review and consider the various disclosures made in the 2025 Form 10-K and in other documents we file from time to time with the SEC. All subsequent written and oral forward-looking statements attributable to Devon, or persons acting on its behalf, are expressly qualified in their entirety by the cautionary statements above. We do not undertake, and expressly disclaim, any duty to update or revise our forward-looking statements based on new information, future events or otherwise.

Cantor's $425 target follows record quarterly revenue and wider margins, yet the stock is retreating. Summary

A bullish equipment forecast still leaves Lam accountable for converting AI investment into earnings.

Lam Research LRCX, the semiconductor etching-and-deposition equipment supplier, received a higher price target from Cantor Fitzgerald, yet shares stood at $325.815, down approximately 2.42% at 11.59am EST in the October 7 snapshot. The firm lifted its target to $425 from $320, pointing to AI logic, advanced packaging and high-bandwidth memory. That is a bigger vote of confidence. The stock still lost ground.

The operating numbers give the bullish argument some muscle. Lam reported June-quarter revenue of $6.72 billion, up 15.1% from the previous quarter. Non-GAAP gross margin climbed 210 basis points to 52%, while operating margin increased 340 basis points to 38.4%. Sales grew, and Lam kept more profit from each dollar. That strengthens the case that AI investment is reaching its bottom line.

Cantor's target rose 32.8% and implies roughly 30.4% upside from the October 7 price. But the valuation picture adds friction: shares sit 106.68% above the displayed GF Value™ estimate of $157.64, suggesting substantial growth expectations are already priced in. The analyst target and valuation estimate tell different stories. For the bullish case to hold, advanced-chip investment must keep delivering enough growth to overcome softer mature-node spending and export restrictions.

Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.

Click for the complete disclosure

The final frontier may just become the next great economic engine for the global economy. Space Exploration Technologies (SPCX -2.51%) is increasing its launch cadence at a rapid clip, with satellites and other orbital technologies taking over the night sky. And yet, with a market cap of $2.3 trillion, SpaceX is trading at a premium, even relative to the space economy's growth potential.

One space stock that may be undervalued is Rocket Lab (RKLB -4.18%). Morgan Stanley has a $105 price target on the stock, which is currently trading at $75. Here's why Rocket Lab has such growth potential, and whether it is a buy right now.

Premium Feature

Moneyball Superscore

81/100

Today's Change

(

-4.18

%) $

-3.14

Current Price

$

71.92

Expansive launch contracts SpaceX and Blue Origin may get all the headlines, but Rocket Lab is making a ton of progress as another commercial launch player. It currently has the small Electron rocket, which has won niche contracts for its precision in launch services. Rocket Lab just signed a 20-mission contract with Synspective, its largest contract ever, which will run through 2031.

These long-term deals are why Rocket Lab boasts an order backlog of $2.36 billion, or more than twice its current revenue.

To better compete with SpaceX, Rocket Lab will need to secure deals for its larger Neutron rocket, which is currently undergoing testing. Management has touted tentative deals for the Neutron, which will have a much larger payload capacity than the Electron, but it needs to prove the rocket can reliably reach orbit for customers.

Still, Rocket Lab has one of the best safety track records in the space industry, and is likely to grow even faster once it gets the Neutron regularly making trips to space.

Image source: Getty Images.

Complementary services Rocket Lab may be undervalued for its launch capabilities, but its real kicker may be the little-discussed push into space services.

These include its recent acquisition of Iridium Communications, which is poised to close soon. Iridium gives Rocket Lab the capability to build its own satellite internet service to compete with SpaceX, and it could be the only competitor with launch and satellite capabilities comparable to SpaceX's.

If Rocket Lab can successfully move into this subsector of the space economy, it has major growth potential from here. Not only can it generate revenue by increasing its launch frequency with the Electron and Neutron, but it can also begin sending its own satellites into orbit. SpaceX generates more than $10 billion in trailing revenue from Starlink alone, while Rocket Lab's consolidated sales were $769 million.

Is Rocket Lab stock a buy? Compared to SpaceX's $2.2 trillion market cap, Rocket Lab's $43.5 billion market cap looks rather small. However, this does not mean Rocket Lab is automatically a buy; it only means investors are trading it at a large discount to SpaceX at the moment.

With trailing revenue of $769 million, Rocket Lab has a price-to-sales ratio (P/S) near 50, which makes it a very expensive stock compared to the broad market indexes. Plus, it is not profitable at the moment and is burning through cash.

To believe Rocket Lab is a buy at these prices, an investor needs to believe there is a long runway for growth through launches, as well as a successful move into space services such as satellite internet. This is not a stock you buy and hope it goes up next year, but one you buy and hold for more than a decade. Rocket Lab has a strong track record of growth in the space economy, but it will need to maintain this momentum during the next 10 years and beyond to continue delivering gains for shareholders.

Using multiple vendors across Kratos’ OpenSpace’s fully virtualized platform proves that space can support terrestrial-level interoperability and scale  | Source: Kratos Defense & Security Solutions, Inc.

SAN DIEGO, Oct. 08, 2026 (GLOBE NEWSWIRE) -- Kratos Defense & Security Solutions, Inc. (Nasdaq: KTOS), a technology company specializing in defense, national security, and global markets, today announced that it has successfully demonstrated end-to-end connectivity across a native, multi-vendor 5G NR NTN (New Radio Non-Terrestrial Network) using Kratos’ OpenSpace®, the industry’s first fully virtualized and software-defined satellite ground system platform. This demonstration showcased the benefits of virtualization in supporting the level of interoperability and scale necessary for satellite operators to provide seamless 5G services.

A virtualized ground system offers the most advantageous path forward for operators seeking flexibility and scalability. OpenSpace’s software-defined architecture allows satellite systems to behave more like terrestrial 5G infrastructure, enabling operators to dynamically scale services, reduce hardware dependencies and adopt multi‑vendor solutions that best support mission, performance and cost requirements. Multi-vendor support gives operators the ability to choose the best software for a service and the best cost-performance option for a given beam or region and more.

In this demonstration with Korea-based satellite operator KT SAT and other partners, Kratos proved connectivity across a native 5G NR Non-Terrestrial Network consisting of an OpenSpace RAN (Radio Access Network), Druid Software’s Raemis 5G Core and GCT Semiconductor Holding’s (NYSE: GCTS) GDM7275X-based 5G UE (User Equipment). This integrated system performed cell search and successfully registered with the Druid Raemis core to establish two-way communication and validate multi-vendor interoperability.

“KT SAT is committed to advancing 5G NTN solutions in the satellite industry,” said Sungho Choi, KT SAT CTO. “By bringing partners together and supporting this demonstration, we’re accelerating the ecosystem and proving that interoperable, multi‑vendor 5G systems are not just theoretical, they are happening now.”

“Our goal with OpenSpace has always been to give satellite operators the flexibility and interoperability that 5G promises,” said Jennifer Barber, Senior Director of Product Management 5G NTN Solutions at Kratos. “This collaboration is an important step toward open, multi‑vendor 5G NTN deployments. We’re pleased to work with KT SAT and our partners in driving 5G development forward in the industry.”

About Kratos Defense & Security Solutions
Kratos Defense & Security Solutions, Inc. (NASDAQ: KTOS) is a technology, products, system and software company addressing the defense, national security, and commercial markets. Kratos makes true internally funded research, development, capital and other investments, to rapidly develop, produce and field solutions that address our customers’ mission critical needs and requirements. At Kratos, affordability is a technology, and we seek to utilize proven, leading-edge approaches and technology, not unproven bleeding edge approaches or technology, with Kratos’ approach designed to reduce cost, schedule and risk, enabling us to be first to market with cost effective solutions. We believe that Kratos is known as an innovative disruptive change agent in the industry, a company that is an expert in designing products and systems up front for successful rapid, large quantity, low-cost future manufacturing which is a value-add competitive differentiator for our large traditional prime system integrator partners and also to our government and commercial customers. Kratos intends to pursue program and contract opportunities as the prime or lead contractor when we believe that our probability of win (PWin) is high and any investment required by Kratos is within our capital resource comfort level. We intend to partner and team with a large, traditional system integrator when our assessment of PWin is greater or required investment is beyond Kratos’ comfort level. Kratos’ primary business areas include virtualized ground systems for satellites and space vehicles including software for command & control (C2) and telemetry, tracking and control (TT&C), jet powered unmanned aerial drone systems, hypersonic vehicles and rocket systems, propulsion systems for drones, missiles, loitering munitions, supersonic systems, space craft and launch systems, C5ISR and microwave electronic products for missile, radar, missile defense, space, satellite, counter UAS, directed energy, communication and other systems, and virtual & augmented reality training systems for the warfighter. For more information, visit www.KratosDefense.com and follow Kratos on LinkedIn and X.

Notice Regarding Forward-Looking Statements
Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are made on the basis of the current beliefs, expectations and assumptions of the management of Kratos and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Kratos undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Kratos believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Kratos in general, see the risk disclosures in the Annual Report on Form 10-K of Kratos for the year ended December 28, 2025, and in subsequent reports on Forms 10-Q and 8-K and other filings made with the SEC by Kratos.

Press Contact:
Claire Cantrell
[email protected]

Investor Information:
877-934-4687
[email protected]

, /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce the following recent activity in its private loan portfolio. During the third quarter of 2026, Main Street originated new or increased commitments in its private loan portfolio totaling $157.2 million and funded total investments across its private loan portfolio with a cost basis totaling $162.0 million.

The following represent notable new private loan commitments and investments during the third quarter of 2026:

$30.0 million in a first lien senior secured term loan, $16.9 million in a first lien senior secured revolver, $18.8 million in a first lien senior secured delayed draw term loan and $1.1 million in equity to a distributor of medium-voltage cables and accessories; $35.2 million in a first lien senior secured term loan, $6.4 million in a first lien senior secured revolver, $12.8 million in a first lien senior secured delayed draw term loan and $1.6 million in equity to a provider of manufacturer representation and power systems integration services; and $17.9 million in a first lien senior secured term loan, $5.3 million in a first lien senior secured revolver and $1.6 million in equity to a manufacturer of industrial mixing equipment. As of September 30, 2026, Main Street's private loan portfolio included total investments at cost of approximately $2.1 billion across 86 unique companies. The private loan portfolio, as a percentage of cost, included 92.6% invested in first lien senior secured debt investments and 7.4% invested in equity investments or other securities.

ABOUT MAIN STREET CAPITAL CORPORATION
Main Street (www.mainstcapital.com) is a principal investment firm that primarily provides customized long-term debt and equity capital solutions to lower middle market companies and debt capital to private companies owned by or in the process of being acquired by a private equity fund. Main Street's portfolio investments are typically made to support management buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in diverse industry sectors. Main Street seeks to partner with entrepreneurs, business owners and management teams and generally provides customized "one-stop" debt and equity financing solutions within its lower middle market investment strategy. Main Street seeks to partner with private equity fund sponsors and primarily invests in secured debt investments in its private loan investment strategy. Main Street's lower middle market portfolio companies generally have annual revenues between $10 million and $150 million. Main Street's private loan portfolio companies generally have annual revenues between $25 million and $500 million.

Main Street, through its wholly-owned portfolio company MSC Adviser I, LLC dba Main Street Capital Partners ("MSCP Adviser"), also maintains an asset management business through which it manages investments for external parties. MSCP Adviser is registered as an investment adviser under the Investment Advisers Act of 1940, as amended.

Contacts:
Main Street Capital Corporation
Dwayne L. Hyzak, CEO, [email protected]
Ryan R. Nelson, CFO, [email protected]
713-350-6000

Dennard Lascar Investor Relations
Ken Dennard / [email protected]
Zach Vaughan / [email protected]
713-529-6600

SOURCE Main Street Capital Corporation

Markel International launches new chemical, oil & gas related energy property offering for small to midsize US-domiciled businessesPR Newswire

LONDON, Oct. 8, 2026

, /PRNewswire/ -- Markel Insurance, the insurance operation within Markel Group Inc. NYSE:MKL, has announced the launch of its Chemical, Oil & Gas related Energy Property (CORE) offering, and the appointment of Candice Walker to Head of First-Party Energy and Michael McClain as Senior Underwriter – Energy.

The launch strengthens Markel's US First-Party Energy proposition, providing a dedicated property solution for small to midsize US-domiciled businesses across the chemical, oil, gas and broader energy sectors, including industrial organic chemicals, petrochemicals, natural gas transmission and storage, terminals, gas processing, and midstream and downstream operations.

Designed for a diverse range of onshore energy and energy-adjacent engineered risks, the new offering provides tailored cover for property damage, business interruption and, on selected risks, equipment breakdown. Clients will also benefit from protection against natural catastrophe exposures, including flood, windstorm and earthquake, with limits of up to US$50 million on both a primary and excess-of-loss basis.

Walker will lead the development of the new offering, working closely with Markel International's existing Midstream and Downstream underwriting teams to deliver a dedicated solution for US-domiciled risks. Her team will assess, price and underwrite a broad range of businesses, from smaller operations to complex US onshore businesses, while maintaining strong underwriting discipline and service levels.

Walker has more than 20 years of experience in the property insurance sector and has been with Markel since 2015. She joined the organisation's US Environmental & Casualty team as a Senior Underwriter before progressing to Director, Property & Marine and later, Senior Director, First Party – West Region. During that time, she partnered with product leaders and underwriting teams to develop tailored insurance solutions and implement technical underwriting strategies for clients across the United States.

Walker commented: "Energy businesses are navigating a complex risk landscape, driven by increasing natural catastrophe events, operational disruptions and a challenging economic environment. Our new product offering provides US-based brokers and clients with a tailored solution, designed around their evolving risk exposures, while offering greater access to Markel's specialist underwriting, claims and engineering expertise through a long-term, committed partner."

Based in Texas, McClain will report to Walker as Senior Underwriter – Energy. In his new position, he will support the continued development and evolution of the CORE offering. Guiding the direction of Markel's Midstream and Downstream US portfolios, McClain will help strengthen broker and client relationships within the businesses' First-Party Energy portfolio.

Most recently, McClain served as Manager of Technical Operations at Tomorrow RNG, a subsidiary gas group of Enbridge Inc, where he led the organisation's Technical Operations team and worked within the Senior Leadership team to establish and implement corporate standards and processes. Prior to this, McClain held various senior roles at Aethon Energy, LLC, a privately held gas producer and midstream group, across facilities, construction and production. In these positions, he executed multimillion-dollar oil and gas infrastructure projects and was responsible for asset planning and development in Aethon's largest East Texas premises.

On McClain's appointment, Walker said: "We're delighted to welcome Michael to our First-Party Energy team here in the US. With his impressive engineering background, operations experience and strong track record in managing multimillion energy infrastructure projects, he'll bring valuable technical insight to our underwriting."

She added: "I look forward to working closely with Michael so that we can continue providing an unrivalled service for our brokers, clients and trading partners, while we position ourselves for long-term profitable growth."

About Markel Insurance
We are Markel Insurance, a leading global specialty insurer with a truly people-first approach. As the insurance operations within the Markel Group Inc. (NYSE: MKL), we leverage a broad array of capabilities and expertise to create intelligent solutions for the most complex specialty insurance needs. However, it is our people – and the deep, valued relationships they develop with colleagues, brokers and clients – that differentiates us worldwide.

View original content to download multimedia:https://www.prnewswire.com/news-releases/markel-international-launches-new-chemical-oil--gas-related-energy-property-offering-for-small-to-midsize-us-domiciled-businesses-302901273.html

SOURCE Markel

CHICAGO, Oct. 08, 2026 (GLOBE NEWSWIRE) -- TransUnion (NYSE: TRU) today launched TransUnion First Look Functionality for Mortgage, enabling mortgage lenders to review credit insights before purchasing scores. The innovation follows TransUnion's recent extension of 99-cent VantageScore® 4.0 mortgage pricing through 2028, with no charge when lenders pull it alongside a FICO® Score. Combined, these advancements help lenders improve origination efficiency, reduce costs and align credit spending more closely with loan progression.

Traditional mortgage workflows often require lenders to purchase credit scores early, even when the underlying credit data often provides the necessary information to determine whether a loan should advance, follow a streamlined path, or be removed from consideration. Whether using a soft-pull solution such as TruVision® Early Access Soft Check or a traditional hard-pull workflow, lenders frequently need multiple scores throughout the origination process. Purchasing those scores before they are needed can lead to unnecessary fallout costs for lenders.

“Mortgage lenders face sustained pressure to control costs and operate more efficiently without compromising underwriting decisions. TransUnion First Look Functionality for Mortgage allows lenders to start with credit report insights and add additional score-based decisioning only when needed,” said Satyan Merchant, senior vice president and mortgage business leader at TransUnion. “First Look Functionality provides insight earlier in the lending journey, directs resources toward the most promising opportunities and creates a more efficient path from application to closing.” 

With TransUnion First Look Functionality for Mortgage, lenders can evaluate early-stage risk by purchasing either a credit report alone or a credit report with the score of their choice, then request additional score(s) only when needed. Lenders do not incur the cost of a second credit report when adding additional score(s) when all eligibility and matching conditions are met. Additionally, TransUnion First Look Functionality for Mortgage is compatible with government-sponsored enterprises (GSEs) and the Federal Housing Administration (FHA) automated underwriting workflows, enabling seamless implementation without requiring changes to existing selling guidelines or policies.

Available for both soft- and hard-pull workflows and through mortgage resellers, lenders can capture efficiencies without redesigning existing processes. For instance, through Early Access Soft Check, lenders can assess borrower eligibility earlier by using the TransUnion credit report along with VantageScore 4.0, in addition to indicators on the credit report such as bankruptcy risk, streamlined-program eligibility and other underwriting considerations, before another score is needed.

Trended credit data and optional solutions like TruVision Alternative Credit Attributes and TruVision Income and Employment Verification can also provide additional insight in both soft and hard-pull workflows while helping reduce unnecessary credit expenses and maintain decision quality.

  Learn more about TransUnion First Look Functionality for Mortgage.

About TransUnion (NYSE: TRU)

TransUnion is a global information and insights company with over 13,000 associates operating in more than 30 countries. We make trust possible by ensuring each person is reliably represented in the marketplace. We do this with a Tru™ picture of each person: an actionable view of consumers, stewarded with care. Through our acquisitions and technology investments, we have developed innovative solutions that extend beyond our strong foundation in core credit into areas such as marketing, fraud, risk and advanced analytics. As a result, consumers and businesses can transact with confidence and achieve great things. We call this Information for Good® — and it leads to economic opportunity, great experiences and personal empowerment for millions of people around the world.

http://www.transunion.com/business

ContactDave Blumberg TransUnionE-maildavid.blumberg@transunion.comTelephone312-972-6646

Multi-year $2 billion agreement will expand capacity for advanced packaging ecosystem and support growing demand for AI and high-performance computing technologies  | Source: GlobalFoundries Inc.

MALTA, N.Y., Oct. 08, 2026 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) today announced a manufacturing agreement with TSMC to establish a U.S.-based supply of silicon interposers for TSMC's CoWoS® advanced packaging ecosystem. Under the agreement, GF will provide manufacturing service to TSMC, and add fabrication capacity at its Malta, New York facility, supporting growing demand for high-performance computing and AI systems. The agreement provides a foundation to expand capacity over time as customer demand grows.

GF expects to expand capacity at its Malta facility and establish the first U.S.-based source of silicon interposers supporting advanced packaging technologies, including embedded deep trench capacitor components. The additional manufacturing capacity will provide greater scale and flexibility for delivering advanced packaging solutions across multiple product generations.

“Advanced packaging is becoming increasingly critical to delivering the performance, power efficiency and scale required for next-generation AI systems,” said Ed Kaste, senior vice president of CMOS Business at GF. “By providing manufacturing service using GF’s trusted U.S. manufacturing footprint, we are creating a secure, scalable source of essential advanced-packaging elements that will help customers accelerate innovation and strengthen the semiconductor supply chain.”

Volume production is expected to begin ramping at GF's Malta site during the first half of 2028. The agreement has an initial term of five years and provides a framework for future capacity expansion.

About GF
GlobalFoundries (GF) is a leading manufacturer of essential semiconductors, enabling AI at scale from the cloud to the physical world. Through deep partnerships with customers, GF delivers differentiated, power-efficient and high-performance solutions for automotive, aerospace and defense, data center, smart mobile devices, internet of things and other high-growth markets. With global manufacturing operations across the U.S., Europe and Asia, GF is a trusted and holistic technology partner for customers around the world. GF’s talented, global team remains focused every day on security, longevity and sustainability. For more information, visit www.gf.com. 

Forward-looking information
This press release includes “forward-looking statements” that reflect our current expectations and views of future events. These forward-looking statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995 and include but are not limited to, statements regarding our financial outlook, future guidance, product development, business strategy and plans, and market trends, opportunities and positioning. These statements are based on current expectations, assumptions, estimates, forecasts, projections and limited information available at the time they are made. Words such as “expect,” “anticipate,” “should,” “believe,” “hope,” “target,” “project,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “might,” “could,” “intend,” “shall,” "outlook," "on track" and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements are subject to a broad variety of risks and uncertainties, both known and unknown. Any inaccuracy in our assumptions and estimates could affect the realization of the expectations or forecasts in these forward-looking statements. For example, our business could be impacted by geopolitical conditions such as the ongoing political and trade tensions with China and the continuation of conflicts in the Middle East and Ukraine; ongoing political developments in the United States, and in particular, any political and policy-related changes that may impact our industry and the market generally, such as the imposition of trade controls, tariffs and counter-tariffs between the United States and its trade partners and new legislation; the market for our products may develop or recover more slowly than expected or than it has in the past; we may fail to achieve the full benefits of our strategic optimization efforts; our operating results may fluctuate more than expected; there may be significant fluctuations in our results of operations and cash flows related to our revenue recognition or otherwise; a network or data security incident that allows unauthorized access to our network or data or our customers’ data could result in a system disruption, loss of data or damage our reputation; we could experience interruptions or performance problems associated with our technology, including a service outage; global economic conditions could deteriorate, including due to rising inflation and any potential recession; the expected benefits of our announced partnerships may fail to materialize; and we may fail to achieve the anticipated results or benefits from funding received (including awards under the U.S. CHIPS and Science Act and New York State Green CHIPS) and our expected results and planned or further expansions and operations may not proceed as planned if funding we expect to receive is delayed or withheld for any reason. It is not possible for us to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results or outcomes to differ materially from those contained in any forward-looking statements we may make. Moreover, we operate in a competitive and rapidly changing market, and new risks may emerge from time to time. You should not rely upon forward-looking statements as predictions of future events. These statements are based on our historical performance and on our current plans, estimates and projections in light of information currently available to us, and therefore you should not place undue reliance on them.

Although we believe that the expectations reflected in our statements are reasonable, we cannot guarantee that the future results, levels of activity, performance or events and circumstances described in the forward-looking statements will be achieved or occur. Moreover, neither we, nor any other person, assumes responsibility for the accuracy and completeness of these statements. Recipients are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date such statements are made and should not be construed as statements of fact. Except to the extent required by federal securities laws, we undertake no obligation to update any information or any forward-looking statements as a result of new information, subsequent events or any other circumstances after the date hereof, or to reflect the occurrence of unanticipated events. For a discussion of potential risks and uncertainties, please refer to the risk factors and cautionary statements in our 2025 Annual Report on Form 20-F, current reports on Form 6-K and other reports filed with the Securities and Exchange Commission (SEC). Copies of our SEC filings are available on our Investor Relations website, investors.gf.com, or from the SEC website, www.sec.gov.

Media Contact:
Stephanie Gonzalez
[email protected]

SummaryThe Hershey Company is rated a 'Buy' for its strong brands, resilient profitability, and attractive valuation well below historical norms.HSY offers a 3.6% dividend yield, supported by a robust balance sheet and a well-covered payout ratio of 78%.Management expects earnings and margin recovery into 2027, driven by pricing power, brand investment, and growth in salty snacks.Risks include cocoa price volatility and potential consumer pushback on higher prices, but HSY's diversified portfolio and disciplined pricing provide resilience.Looking for a portfolio of ideas like this one? Members of iREIT®+HOYA Capital get exclusive access to our subscriber-only portfolios. Learn More » Richard Drury/DigitalVision via Getty Images

Now is a great time to be a value and income investor. This is particularly the case for stocks in the consumer staples sector, which has been under pressure due to inflation. While the headwinds facing consumers

23.63K Followers

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in HSY over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

I am not an investment advisor. This article is for informational purposes and does not constitute as financial advice. Readers are encouraged and expected to perform due diligence and draw their own conclusions prior to making any investment decisions.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Acquisition of HistoryMaker Homes, Texas' longest-standing production homebuilder, significantly expands Century Communities' market presence, community count, and lot pipeline in Dallas-Fort Worth, the nation's largest new home market

, /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS)—a top national homebuilder, industry leader in online home sales, and featured on America's Most Trustworthy Companies by Newsweek and U.S. News & World Report's Best Companies to Work For—today announced it has acquired substantially all of the assets of HMH Lifestyles, L.P., doing business as HistoryMaker Homes. Founded in 1949 in Fort Worth and headquartered in Grapevine, HistoryMaker Homes is Texas' longest-standing production homebuilder and builds exclusively in the Dallas-Fort Worth metroplex. The acquisition significantly deepens Century Communities' position in the market, tripling its community count and meaningfully expanding the Company's lot pipeline.

"HistoryMaker Homes gives us the scale, land position, and local talent to accelerate our growth in Dallas-Fort Worth, one of the largest housing markets in the country," said Rob Francescon, Chief Executive Officer of Century Communities.

"HistoryMaker has earned the trust of Texas homebuyers for more than 75 years, and its product and lot pipeline fit squarely with our strategy of building depth in our existing markets. We're proud to welcome the HistoryMaker team to the Century family, and we thank Nelson Mitchell for entrusting us with the next chapter of a company his family has built over five generations," said Jim Francescon, Executive Vice President of Century Communities.

"For five generations, my family has been proud to build quality new homes—supported by a best-in-class team—that Texas families could count on," said Nelson Mitchell, Chief Executive Officer of HistoryMaker Homes. "As we looked to the future, it was important to find a partner that shares our commitment to quality, integrity and the customer experience, and that would give our people room to grow. Century Communities is that partner. I'm confident our team, our homeowners, and our trade partners are in great hands, and I look forward to seeing the HistoryMaker legacy continue as part of Century."

Century Communities' existing Dallas-Fort Worth operations will combine with HistoryMaker Homes to form a single division based in Grapevine, with HistoryMaker division leadership and team members joining Century Communities. Construction, sales, and closings will continue as scheduled, and homebuyers under contract will continue working with their local HistoryMaker Homes team.

As part of the transaction, Century Communities will also maintain an ongoing land relationship with Jabez Development, HistoryMaker's sister land development company. Jabez will complete land development on select communities for Century, and the companies expect to pursue additional land opportunities together in Dallas-Fort Worth.

Vestra Advisors served as the exclusive financial advisor for HistoryMaker Homes.

About Century Communities
Century Communities, Inc. (NYSE: CCS) is one of the nation's largest homebuilders and a recognized industry leader in online home sales. Newsweek has named the Company one of America's Most Trustworthy Companies for four consecutive years. Century Communities has also been designated as one of U.S. News & World Report's Best Companies to Work For (2025–2026). Through its Century Communities and Century Complete brands, Century's mission is to build attractive, high-quality homes at affordable prices to provide its valued customers with A HOME FOR EVERY DREAM®. Century is engaged in all aspects of homebuilding — including the acquisition, entitlement and development of land, along with the construction, innovative marketing and sale of quality homes designed to appeal to a wide range of homebuyers. The Company operates in 16 states and over 45 markets across the U.S., and also offers mortgage, title, insurance brokerage, and escrow services in select markets through its Inspire Home Loans, Parkway Title, IHL Home Insurance Agency, and IHL Escrow subsidiaries. To learn more about Century Communities, please visit www.centurycommunities.com.

About HistoryMaker Homes
Founded in 1949, HistoryMaker Homes is Texas' oldest homebuilder and has completed approximately 25,000 quality homes for Texas families over its more than 75-year history. For five generations, the family-owned company has built its reputation on quality, integrity, and a commitment to creating homes and communities where families can thrive. Following the transaction with Century Communities, HistoryMaker's sister companies—Jabez Development, a residential land development company, and ONM Living, a build-to-rent company—will remain independently owned and continue operations, carrying forward the family's long-standing commitment to real estate development and investment in Texas.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and, as such, may involve known and unknown risks, uncertainties and assumptions. Forward-looking statements may be identified by the use of words such as "anticipate," "believe," "expect," "estimate," "plan," "outlook," and "project" and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking statements are based on historical information available at the time the statements are made and are based on management's reasonable belief or expectations with respect to future events, and are subject to risks and uncertainties, many of which are beyond the Company's control, that could cause actual performance or results to differ materially from the belief or expectations expressed in or suggested by the forward-looking statements. Forward-looking statements speak only as of the date on which they are made and the Company undertakes no obligation to update any forward-looking statement to reflect future events, developments or otherwise, except as may be required by applicable law. Investors are referred to the Company's Annual Report on Form 10-K for additional information regarding the risks and uncertainties that may cause actual results to differ materially from those expressed in any forward-looking statement.

SOURCE Century Communities, Inc.

Venture Visionary Partners LLC acquired a new stake in shares of Blue Owl Capital Inc. (NYSE:OWL – Free Report) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 396,722 shares of the company’s stock, valued at approximately $3,606,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in OWL. RDST Capital LLC grew its stake in shares of Blue Owl Capital by 22.1% in the 1st quarter. RDST Capital LLC now owns 7,648,935 shares of the company’s stock valued at $69,835,000 after buying an additional 1,383,450 shares during the period. Bank of New York Mellon Corp acquired a new position in Blue Owl Capital during the 2nd quarter worth approximately $54,883,000. Renaissance Technologies LLC boosted its holdings in Blue Owl Capital by 2,107.1% in the first quarter. Renaissance Technologies LLC now owns 6,065,200 shares of the company’s stock worth $55,375,000 after acquiring an additional 5,790,400 shares in the last quarter. Capital Research Global Investors boosted its holdings in Blue Owl Capital by 225.7% in the fourth quarter. Capital Research Global Investors now owns 4,299,836 shares of the company’s stock worth $64,240,000 after acquiring an additional 2,979,567 shares in the last quarter. Finally, Estuary Capital Management LP grew its stake in Blue Owl Capital by 338.9% in the first quarter. Estuary Capital Management LP now owns 4,197,297 shares of the company’s stock valued at $38,321,000 after acquiring an additional 3,241,040 shares during the period. Institutional investors own 35.85% of the company’s stock.

Blue Owl Capital Stock Performance OWL stock opened at $9.07 on Thursday. The business has a 50-day simple moving average of $10.84 and a two-hundred day simple moving average of $9.92. The company has a market capitalization of $14.15 billion, a P/E ratio of 75.63, a price-to-earnings-growth ratio of 1.07 and a beta of 1.35. Blue Owl Capital Inc. has a 52-week low of $7.95 and a 52-week high of $17.33.

Blue Owl Capital (NYSE:OWL – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The company reported $0.22 EPS for the quarter, hitting the consensus estimate of $0.22. Blue Owl Capital had a return on equity of 23.14% and a net margin of 2.71%.The firm had revenue of $693.56 million during the quarter, compared to the consensus estimate of $693.15 million. As a group, sell-side analysts forecast that Blue Owl Capital Inc. will post 0.88 earnings per share for the current fiscal year. Blue Owl Capital Announces Dividend The business also recently declared a quarterly dividend, which was paid on Thursday, August 27th. Investors of record on Thursday, August 13th were issued a dividend of $0.23 per share. The ex-dividend date was Thursday, August 13th. This represents a $0.92 annualized dividend and a yield of 10.1%. Blue Owl Capital’s dividend payout ratio is 766.67%.

Wall Street Analysts Forecast Growth OWL has been the subject of several recent research reports. BMO Capital Markets boosted their price objective on Blue Owl Capital from $11.00 to $12.00 and gave the company an “outperform” rating in a report on Monday, August 3rd. The Goldman Sachs Group increased their target price on Blue Owl Capital from $9.50 to $10.50 and gave the stock a “neutral” rating in a report on Monday, August 3rd. Capital One Financial set a $12.00 price target on shares of Blue Owl Capital in a research report on Monday, August 3rd. UBS Group restated a “neutral” rating and set a $9.50 price target on shares of Blue Owl Capital in a research note on Thursday, June 11th. Finally, TD Cowen restated a “buy” rating on shares of Blue Owl Capital in a report on Thursday, August 6th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, Blue Owl Capital presently has an average rating of “Moderate Buy” and an average target price of $13.56.

Check Out Our Latest Stock Analysis on Blue Owl Capital

Blue Owl Capital Company Profile (Free Report)

Blue Owl Capital Inc (NYSE: OWL) is a global alternative asset manager that provides private-market investment solutions to institutional investors, financial professionals and private wealth clients. The company manages capital across credit, real assets and other alternative investment strategies.

Its credit business focuses on areas such as direct lending, technology lending and opportunistic credit, providing financing to middle-market companies and other borrowers. Blue Owl’s GP Strategic Capital business supplies long-term capital solutions to private-market investment managers, while its real estate platform invests in strategies including net lease and real estate credit.

Blue Owl was formed in 2020 through the combination of Owl Rock Capital Partners and Dyal Capital Partners and became a publicly traded company in 2021.

Featured Articles Five stocks we like better than Blue Owl Capital Skydance Just Became a Media Giant—With an $80 Billion Debt Load Could Velo3D Be the Next Defense Buyout Target? Penguin Solutions Is Soaring as AI Memory Demand Explodes Alphabet’s Chart Is Coiling—and the Fundamentals May Be Ready to Back It Up

Receive News & Ratings for Blue Owl Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Blue Owl Capital and related companies with MarketBeat.com's FREE daily email newsletter.

September 2026 ADV reaches $359 billion as Broadridge builds on DLR's institutional scale with newly launched DLX

, /PRNewswire/ -- Broadridge (NYSE: BR), global Fintech leader, today announced that its Distributed Ledger Repo (DLR) processed an average of $359 billion in daily repo transactions during September, with volumes totaling $7.5 trillion. The daily average increase demonstrates the continued scale of tokenized securities financing activity as Broadridge expands its digital asset infrastructure beyond repo through its recently launched fully integrated, end-to-end tokenization and digital asset infrastructure platform, DLX.

"DLR has demonstrated that tokenized market infrastructure can operate at the scale and consistency required for core institutional activity," said Horacio Barakat, Global Head of Digital Innovation at Broadridge. "That real-world foundation is allowing us to take the next step with DLX, extending the infrastructure and operating experience we've built in repo to a broader range of assets and workflows. This makes it possible for institutions to bring tokenization into more parts of their business through infrastructure that seamlessly connects with how markets already operate."

Building on the proven infrastructure and institutional experience behind DLR, DLX extends Broadridge's capabilities beyond securities financing into a broader, multi-asset platform spanning issuance, trading, settlement, servicing, custody, governance and distribution. Through a modular, multi-chain architecture and common operating layer connecting traditional and on-chain activity, DLX helps financial institutions integrate tokenized assets into existing operating models while reducing operational complexity.

To learn more about DLR, the world's largest institutional platform for settling tokenized real assets, visit Broadridge's DLR.

About Broadridge's Tokenization Solutions

Broadridge enables on-chain proxy voting and governance, digital asset infrastructure including post trade, wallets and custody, and the scaling of digital asset capabilities across multiple asset classes. Broadridge's governance platform serves all models of tokenized securities, including issuer-listed models, synthetic securities issued outside the United States, and third-party tokenized shares within the United States, helping ensure investors receive the same rights and protections regardless of how assets are structured or owned.

DLX is Broadridge's tokenization platform, designed to help financial institutions operate across the lifecycle of tokenized securities. It brings together solutions spanning issuance, trading, financing, settlement and servicing, including its Distributed Ledger Repo (DLR) solution, the world's largest institutional platform for settling tokenized real assets, tokenizing over $359 billion a day. DLR supports repo transactions, intraday repo activity, collateral movements, settlement and servicing needs through established scale, critical market knowledge and technology designed for real-world market operations. As tokenization gains momentum across financial services, Broadridge is abstracting away the complexity and enabling a unified experience across traditional and digital assets.

About Broadridge

Broadridge is a global technology leader with trusted expertise and transformative technology, helping clients and the financial services industry operate, innovate, and grow. We power investing, governance, and communications for our clients – driving operational resiliency, elevating business performance, and transforming investor experiences.

Broadridge's technology and operations platforms process and generate over 8 billion communications annually and underpin the daily average trading of over $18 trillion in tokenized and traditional securities globally. A certified Great Place to Work®, Broadridge is part of the S&P 500® Index, employing approximately 16,000 associates in 28 countries. For more information about us, please visit www.broadridge.com.

Broadridge Contacts:

Investors:
[email protected]           

Media: 
[email protected]

SOURCE Broadridge Financial Solutions, Inc.

SOMERVILLE, Mass., Oct. 08, 2026 (GLOBE NEWSWIRE) -- DeepHealth, Inc., a global leader in AI-powered health informatics and a wholly owned subsidiary of RadNet, Inc. (NASDAQ: RDNT), today announced new findings published in European Radiology supporting that AI applications within DeepHealth’s Prostate MR Solution1 could help clinicians decide more confidently which men may need a prostate biopsy, particularly when MRI findings are uncertain.2

Prostate cancer is the second most commonly diagnosed cancer among men worldwide, with an estimated 1.55 million new cases in 2024.3 MRI helps clinicians assess whether prostate cancer may be present, but some findings remain uncertain.4   A biopsy involves collecting small tissue samples to check for cancer and, if found, assess its grade. While biopsies are essential for diagnosis, they are invasive and can sometimes find no cancer or only low-grade disease that may not need treatment.4,5 Reducing unnecessary biopsies can spare some men related risks and help focus care on those most likely to benefit.

The international, multicenter study retrospectively analyzed prostate MRI exams performed between 2014 and 2025 in Germany, the Netherlands and the United States. The study included 787 men already undergoing clinical evaluation for suspected prostate cancer, of whom 380 had clinically significant disease. Scans were acquired on equipment from five different manufacturers, supporting the vendor-neutral performance of DeepHealth’s AI across diverse imaging environments. The study found that an approach combining radiologists’ MRI assessments with AI risk classification could have avoided 149 biopsies (18.9%) in this biopsied population, while still maintaining 98.4% sensitivity of identifying clinically significant prostate cancer.2

DeepHealth’s Prostate MR Solution integrates automated lesion detection and risk classification, intelligent gland segmentation with PSA density calculation and PI-RADS-compliant reporting into one seamless platform. The solution integrates with more than 11 fusion biopsy systems to eliminate manual data transfer and support radiologists at every critical decision point.

“These findings show how AI applications within our Prostate MR Solution can support clinicians at one of the most consequential decision points in prostate care,” said Niccolò Stefani, M.D., Business and Product Leader, Clinical AI, DeepHealth. “Our aim is to help care teams make more informed decisions about the next step for each patient. As part of our broader clinical AI portfolio, our Prostate MR Solution is designed to bring additional insight into the clinical workflow, with clinical judgment at the center.”

“When an MRI finding is uncertain, deciding whether to recommend a biopsy can be difficult,” said Francesco Giganti, M.D., Professor of Radiology at University College London and senior author of the study. “Our findings suggest that AI could provide another piece of evidence to help clinicians make that decision. The opportunity is to use DeepHealth’s Prostate MR Solution to better identify which men may benefit from a biopsy, with the final medical decision remaining with the clinical team.”

The Prostate MR Solution is part of DeepHealth’s broader Radiology AI Suite, which brings together clinical AI, intelligent workflow and performance analytics capabilities across breast, neurological, thoracic, musculoskeletal, thyroid, prostate, abdominal and pelvic imaging. By connecting these capabilities on a single platform, DeepHealth can help imaging organizations bring AI into everyday care and support clinicians across the imaging workflow, strengthening diagnostic confidence and operational efficiency.

Read the study in European Radiology.

About DeepHealth  
DeepHealth is a wholly owned subsidiary of RadNet, Inc. (NASDAQ: RDNT) and serves as the umbrella brand for RadNet’s Digital Health segment.  DeepHealth provides AI-powered health informatics with the aim of empowering breakthroughs in care through imaging.  DeepHealth leverages advanced AI for operational efficiency and improved clinical outcomes in breast, chest, musculoskeletal, neuro, prostate and thyroid health.  At the heart of DeepHealth’s portfolio is a cloud-native operating system – DeepHealth OS – that unifies data across the clinical and operational workflow.  Thousands of imaging centers and radiology departments around the world use DeepHealth solutions to enable earlier, more reliable and more efficient disease detection, including in large-scale cancer screening programs.  DeepHealth’s human-centered, intuitive technology aims to push the boundaries of what’s possible in healthcare. Learn more at deephealth.com. 

About RadNet, Inc. 
RadNet, Inc. is a leading national provider of freestanding, fixed-site diagnostic imaging services in the United States based on the number of locations and annual imaging revenue.  RadNet has a network of owned and/or operated outpatient imaging centers.  RadNet’s imaging center markets include Arizona, California, Delaware, Florida, Idaho, Indiana, Maryland, New Jersey, New York, Texas and Virginia.  In addition, RadNet provides radiology information technology and artificial intelligence solutions marketed under the DeepHealth brand, teleradiology professional services and other related products and services to customers in the diagnostic imaging industry globally.  Together with contracted radiologists, and inclusive of full-time and per diem employees and technologists, RadNet has over 12,000 team members.  Learn more at radnet.com. 

Forward Looking Statements
This communication contains certain “forward-looking statements” within the meaning of the safe harbour provisions of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements can be identified by words such as: “anticipate,” “believe,” “could,” “estimate,” “expect,” “forecast,” “intend,” “may,” “outlook,” “plan,” “potential,” “possible,” “predict,” “project,” “seek,” “should,” “target,” “will” or “would,” the negative of these words, and similar references to future periods. Examples of forward-looking statements include statements regarding our technology’s ability to stage-shift disease through proactive, timely intervention and discussions regarding our product features and future product offerings and capabilities. Actual results could differ materially from those currently anticipated due to a number of risks and uncertainties, many of which are beyond RadNet’s control.

Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on management’s current beliefs, expectations and assumptions regarding the future of RadNet’s business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of RadNet’s control. RadNet’s actual results and financial condition may differ materially from those indicated in the forward-looking statements as a result of various factors. Neither RadNet, nor any of its directors, executive officers, or advisors, provide any representation, assurance or guarantee that the occurrence of the events expressed or implied in any forward-looking statements will actually occur, or if any of them do occur, what impact they will have on the business, results of operations or financial condition of RadNet. Should any risks and uncertainties develop into actual events, these developments could have a material adverse effect on RadNet’s business and the ability to realize the expected benefits of the technology. Risks and uncertainties that could cause results to differ from expectations include, but are not limited to: (1) the ability to recognize the anticipated benefits of the technology, and (2) the risk of legislative, regulatory, economic, competitive, and technological changes, and other risks and uncertainties described in the “Risk Factors,” “Management’s Discussion and Analysis,” and other sections of our filings with the Securities and Exchange Commission, including our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. The foregoing review of important factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included elsewhere. Additional information concerning risks, uncertainties and assumptions can be found in RadNet’s filings with the Securities and Exchange Commission (the “SEC”), including the risk factors discussed in RadNet’s most recent Annual Report on Form 10-K, as updated by its Quarterly Reports on Form 10-Q and future filings with the SEC.

Forward-looking statements included herein are made only as of the date hereof and, except as required by applicable law, RadNet does not undertake any obligation to update any forward-looking statements, or any other information in this communication, as a result of new information, future developments or otherwise, or to correct any inaccuracies or omissions in them which become apparent. All forward-looking statements in this communication are qualified in their entirety by this cautionary statement.

DeepHealth Media Contact
Andra Axente
Director of Communications
+31614440971
[email protected]

RadNet Media Contacts 
Jane Mazur 
Senior Vice President, Corporate Communications 
+1 585-355-5978 
[email protected]

Mark Stolper
Executive Vice President and Chief Financial Officer
+1 310-445-2800

References

DeepHealth Prostate MRI Solution is CE Mark Class IIb (EU MDR). FDA 510(k) cleared (US). DeepHealth Prostate MR Solution comprises multiple applications including DeepHealth Prostate AI and DeepHealth Viewer. DeepHealth Viewer is manufactured by eRAD, Inc. and distributed by DeepHealth, Inc.Guenzel K, Poirot MG, van Loon A, et al. Multicentre evaluation of artificial intelligence risk classification for detection of clinically significant prostate cancer on biparametric MRI. European Radiology. 2026.International Agency for Research on Cancer. Global Cancer Observatory: Prostate cancer fact sheet. GLOBOCAN 2024.European Association of Urology. EAU Guidelines on Prostate Cancer. 2026. Chapter 5: Diagnostic Evaluation. Available at: https://uroweb.org/guidelines/prostate-cancer/chapter/diagnostic-evaluation. Accessed September 29, 2026.American Cancer Society. Tests for Prostate Cancer. Available at: https://www.cancer.org/cancer/types/prostate-cancer/detection-diagnosis-staging/how-diagnosed.html. Accessed September 29, 2026.