Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Coinbase official logo (public domain, Wikimedia Commons) — CryptoBriefing brand treatment
CryptoQuant has reported that the Coinbase Premium, a key indicator of Bitcoin’s price dynamics across exchanges, has hit its lowest level in four years. This metric measures the price difference of Bitcoin between Coinbase, a major U.S.-based exchange, and Binance. A negative Coinbase Premium suggests weaker spot buying pressure in the U.S. market, reflecting broader sentiment shifts. The last time it reached similar levels was after the collapse of FTX in November 2022, a period marked by significant market volatility and negative sentiment.
Key Takeaways The decline in the Coinbase Premium appears to suggest reduced spot buying interest for Bitcoin on U.S. exchanges, which could imply broader market caution. Historical parallels, such as the post-FTX period, suggest that this indicator might reflect negative sentiment in the market, affecting not just Bitcoin but potentially other cryptocurrencies like Ethereum. The market for Ethereum reaching $10,000 by the end of 2026 currently reflects low confidence, with only a 1% probability implied by current pricing. What to Watch Market participants will be observing whether the negative trend in Coinbase Premium persists, as it may indicate continued weakness in U.S.-based demand for Bitcoin. Key developments in regulatory environments or significant announcements from major players in the cryptocurrency space could impact sentiment. Additionally, any changes in the Ethereum market, particularly related to ETF flows or technological upgrades, could influence the current pricing dynamics. Market observers will look for indications of a shift in sentiment or potential catalysts that could alter the current negative outlook.
Term Structure
Contract Odds Δ since publish Volume 24h December 31, 2026 0.8% — — View market → December 31, 2026 1% — — View market → December 31, 2026 1.2% — — View market → December 31, 2026 1.8% — — View market → December 31, 2026 3.9% — — View market → January 1 2027 8.5% — — View market → January 1 2027 3.1% — — View market → January 1 2027 0.9% — — View market → January 1 2027 1.7% — — View market → January 1 2027 1.9% — — View market → January 1 2027 2.9% — — View market → January 1 2027 5% — — View market → January 1 2027 11.7% — — View market → January 1 2027 2.2% — — View market → January 1 2027 1.3% — — View market → January 1 2027 5.5% — — View market → January 1 2027 19% — — View market → January 1 2027 20.5% — — View market → January 1 2027 1.8% — — View market → January 1 2027 46.5% — — View market →
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Aave froze new deposits and borrowing across its DAO-operated V3 and V4 markets on October 29, 2026, after reports of a security incident affecting Binance-affiliated wallets. In its initial statement, Aave said its contracts were unaffected and positions remained overcollateralized. Withdrawals and repayments stayed available.
The restriction also blocks borrowers from adding collateral. The incident response account on Aave’s forum says that, while reserves remain frozen, repaying debt is the available way to improve a position’s health factor. Liquidations continue. Borrowers cannot rely on the usual alternative of depositing more collateral to protect a position during a price decline.
What the freeze permits
No market was paused, according to the response account. A freeze stops new supply and borrowing, including transactions from the exploiter, while leaving existing users able to repay and withdraw. The same restrictions apply to ordinary depositors attempting to add funds to a frozen reserve.
Withdrawals depend on available liquidity. Aave’s withdrawal documentation says suppliers can withdraw the underlying assets and accrued interest only when enough liquidity remains in the pool. Assets already borrowed are unavailable for withdrawal until liquidity returns. The interface asks users to check available liquidity before submitting the transaction.
Collateral places another constraint on withdrawals. The documentation says that supplied tokens supporting an active borrow position may require a partial repayment or additional collateral before withdrawal. The incident restriction removes the additional-collateral option for frozen reserves. A borrower seeking to withdraw pledged assets has to account for the remaining debt as well as the amount displayed under supplies.
Aave’s repayment documentation permits full or partial repayment through protocol contracts or a frontend. A confirmed repayment reduces debt and improves the health factor; fully repaying a borrow position releases its collateral for withdrawal or other uses. Repayment and withdrawal remain separate actions with their respective conditions.
The repayment workflow also requires the correct token authorization. For non-base tokens, the documentation says the Aave Pool may need approval to transfer tokens from the wallet. An approval can take the form of a transaction, which incurs a network fee, or a signature, which does not. Users select the borrowed token under the dashboard’s borrowing section and confirm the repayment in their wallet.
Aave’s liquidation rules allow liquidation when a position’s health factor falls below 1. The documentation allows up to 50% of total debt to be liquidated when the health factor is above 0.95 and both collateral and debt are worth at least $2,000 each. It allows up to 100% when the health factor is 0.95 or below, or either side of the position is worth less than $2,000.
The liquidator receives collateral equal to the repaid debt plus a liquidation bonus. Partial liquidations must leave at least $1,000 each in collateral and debt; otherwise, the position must be cleared fully under the documented dust rule. A borrower can still lose collateral to liquidation while new borrowing is frozen.
Why responders froze markets broadly
The response account describes a joint war room involving Aave Labs, TokenLogic and Certora. Its rationale for freezing across markets was that the exploiter could swap stolen funds into any listed asset. Restricting only the originally stolen tokens would have left other assets available for new supply and borrowing.
Responders also considered how they would reverse the restrictions. According to the account, the guardian can reverse a freeze, whereas cutting supply and borrow caps would have required a governance vote and about five days to restore. The freeze gave responders a faster reversal path, without tying reopening to that governance timetable.
Aave Labs’ engineering team helped prepare and simulate the freeze transactions before they were proposed to guardian multisigs for signing and execution. The response account describes a coordinated operation across networks.
Horizon was the exception. The account says its RWA market remained open because all its collateral is permissioned and could not be used by the exploiter. That is the market involved in the site’s earlier coverage of Chainlink’s weekend RWA pricing with Aave Horizon. The response attributed the exemption to collateral access restrictions.
Binance’s investigation and the reopening conditions
Binance’s security incident update described a preliminary investigation into a potentially compromised DevOps engineer’s laptop. The exchange said that access may have allowed an attacker into a service container to submit unauthorized withdrawal transactions. Binance reported finding no evidence of a wallet private-key leak and said a technical postmortem would follow once the investigation and verification were complete.
The exchange temporarily suspended deposits and withdrawals during security checks, revoked the affected address authorization and engaged law enforcement and blockchain intelligence partners to trace and recover funds. Those exchange-level transfer restrictions are separate from Aave’s reserve freeze, under which withdrawals remain permitted subject to liquidity and collateral requirements.
Binance said it would cover losses using its SAFU fund and company funds. It also committed to publishing an updated Proof of Reserves after remediation. The exchange described its explanation of how the breach occurred as an initial finding.
Aave’s response account says responders are following the exploiter’s wallet cluster on Ethereum, Arbitrum, Optimism and Avalanche, watching for interactions with Aave and monitoring the Chainlink feeds used by the protocol. It also identifies utilization as a reopening consideration: without new supply, large withdrawals can push utilization and borrow rates higher, while repayments bring them down.
The stated plan is a staged unfreeze coordinated with Aave Labs and other service providers. Markets are to remain frozen until the exploiter’s funds stop moving and responders obtain more clarity on containment from Binance. The response account gives no fixed reopening date.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
BNB Chain: Its network and bridge contracts were not affected by the Binance security incident, and on-chain funds remain safe.
According to an official statement from BNB Chain, BNB Smart Chain, opBNB, BNB Greenfield, and BNB Chain’s bridge contracts were not impacted by the recent Binance security incident, with all services running normally. On-chain funds on the network remain secure. BNB Chain stated it will support Binance and the team that has been addressing the security incident since last night. It emphasized that security and industry trust require collective efforts from all parties, and it will continue collaborating with ecosystem partners to safeguard this shared trust.
3 minutes ago
Analysis: Binance is currently replenishing its holdings of stolen altcoins, and may purchase tokens including XRP, SOL, UNI and others.
According to Binance CEO He Yi’s disclosure, Binance is acquiring altcoins that exactly match its stolen assets via over-the-counter (OTC) and on-exchange trading to complete its Proof of Reserves (PoR) process, and will update on progress once purchases are finalized. Combined with this statement and the already disclosed stolen asset records, these include 233.46 million XRP (valued at ~$296 million), 970,500 SOL (~$96 million), and 46.4 million TRX (~$16 million). Additionally, the hacker has dumped seven tokens—UNI, ENA, PEPE, LINK, AAVE, ONDO, WLD—converting them into 70,480 ETH for a total transaction value of ~$158.25 million. The dump amounts for UNI, ENA, PEPE, and LINK stand at ~$39.63 million, ~$33.93 million, ~$31.66 million, and ~$26.05 million respectively. Other stolen assets also include 74.56 million ARB (~$11.54 million), 714.911 million FUN (~$6.29 million), 87.853 million ZAMA (~$6.02 million), 3.602 million ZRO (~$5.69 million), and 3.382 billion RSR (~$5.02 million).
3 minutes ago
Analysis: Traders purchase Bitcoin put options following the Binance hack, with strike prices concentrated between $74,000 and $78,000
After the Binance hack, large traders ramped up their positions in Bitcoin put options for hedging. Nicolas Quatravaux, head of Europe, Middle East and Africa (EMEA) at Paradigm, said that within 8 hours of the incident, the notional value of BTC block trades on the platform reached roughly $590 million, equivalent to half of the related block trading volume on Deribit in the same period, with trades clearly skewed toward put options.
The first large trade took place at 20:38 UTC, before the news was made public: a purchase of put options covering 250 BTC, expiring October 31, with a strike price of $78,000, with a notional size of around $20 million. Three minutes later, another buy of the same contract incurred a cost about 35% higher.
Buy orders were mainly concentrated on strike prices between $74,000 and $78,000, with most expiring this week and mid-November. Notably, two put option trades expiring mid-November with a strike price of $74,000 each covered 1,000 BTC, totaling a notional size of around $155 million.
The report argues that this move is more of a hedge against further short-term pullbacks rather than a bet on an extreme market crash. Meanwhile, call options expiring in March were still being traded in the market, indicating not all traders are taking a defensive stance. Standard Chartered warned that market weakness could persist, and a new market bottom may not form until incident details are clarified and relevant exchanges and protocols unfreeze the involved tokens.
3 minutes ago
CZ: Token recovery efforts appear to have commenced, and Binance can naturally accumulate various tokens via transaction fees.
Binance founder CZ posted that the recovery of token assets appears to have started. He added that when users trade on Binance, they pay trading fees in the traded cryptocurrency, leading the exchange to naturally accumulate various tokens listed on its platform. CZ also emphasized: "User fund security!"
3 minutes ago
Trump: The war with Iran will end soon, no matter what form it takes.
U.S. President Donald Trump said the war with Iran will end soon, by whatever means.
3 minutes ago
CZ responds to Bitcoin's resilience amid market downturns: Traditional market declines typically weigh on the crypto market, yet Bitcoin has demonstrated remarkable resilience.
Binance founder CZ has responded to community discussions about Bitcoin’s resistance to price declines, stating that the leading cryptocurrency’s performance is quite surprising given the larger drops seen in traditional financial markets today. Historically, downturns in traditional markets weigh on crypto prices as investors sell assets to hoard cash, but Bitcoin has shown remarkable resilience this time. Earlier, some community users noted that a $6 billion+ hack on the world’s largest crypto exchange would likely trigger a sharp Bitcoin price slump, yet the token only fell around 3% that day—leading many to believe the market bottom may be approaching.
Vancouver, British Columbia--(Newsfile Corp. - October 30, 2026) - EraNova Metals Inc. (TSXV: NOVA) (OTCQB: STXPF) (the "Company" or "EraNova") is pleased to announce a non-brokered private placement (the "Private Placement") of up to 6,769,231 units of the Company ("Units") at a price of $0.13 per Unit for gross proceeds of up to $880,000.
Each Unit will consist of one common share of the Company (a "Common Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder to acquire one additional Common Share at a price of $0.25 per Common Share for a period of 3 years following the date of issuance.
The Company intends to use the net proceeds from the Private Placement to support initiatives aimed at expanding EraNova's corporate profile and investor awareness in international markets, strengthening its technical and operational team, advancing exploration target definition and undertaking preparatory work for a planned summer 2027 drill program at its flagship Ruby Creek Property, and for general working capital purposes.
It is anticipated that certain directors, officers or other insiders of the Company will acquire Units under the Private Placement. Such participation will be considered a "related party transaction" within the meaning of the TSX Venture Exchange Policy 5.9 (the "Policy") and Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101") adopted in the Policy. The Company intends to rely on exemptions from the formal valuation and minority shareholder approval requirements of MI 61-101 contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 in respect of related party participation in the Private Placement as neither the fair market value (as determined under MI 61-101) of the subject matter of, nor the fair market value of the consideration for, the transaction, insofar as it involves related parties, is expected to exceed 25% of the Company's market capitalization (as determined under MI 61-101).
Closing of the Private Placement is expected to occur as soon as practicable and may take place in one or more tranches. No finders' fees will be paid in connection with the Private Placement.
The Private Placement is subject to certain conditions, including but not limited to, the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange. All securities issued under the Private Placement will be subject to a four-month and one-day statutory hold period in accordance with applicable securities laws.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any U.S. state securities laws and may not be offered or sold in the United States or to U.S. persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
Corporate Update
The Company also announces the appointment of Yana Silina, the Company's current Chief Financial Officer, as Corporate Secretary, effective October 31, 2026, replacing Ms. Marion McGrath. Ms. Silina will continue in her role as Chief Financial Officer while assuming the additional responsibilities of Corporate Secretary. EraNova thanks Ms. McGrath for her service and contributions to the Company.
About EraNova Metals Inc.
EraNova Metals is a Canadian mineral exploration and development company focused on advancing precious and base metal projects across western Canada.
The Company's flagship asset is the Ruby Creek Property, a 29,700-hectare land package near Atlin, BC that hosts both the Adanac Molybdenum Project, a development-stage deposit supported by a NI 43-101 Preliminary Economic Assessment, and the Atlin Discovery Project, – which has a growing pipeline of high-grade copper, gold, silver and tungsten targets across the broader district-scale property.
EraNova also holds two additional 100%-owned assets: the Big Ledge Zinc-Lead Project, located 57 km south of Revelstoke, BC, and the South Thompson Nickel Project in west-central Manitoba.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This news release contains certain "forward-looking information" and "forward-looking statements" within the meaning of applicable Canadian securities legislation (collectively, "forward-looking statements"). Such forward-looking statements in this release include, but are not limited to, statements regarding: the completion and timing of the Private Placement; the anticipated use of proceeds; the advancement of the Ruby Creek Project; and future exploration plans, objectives or outcomes.
Forward-looking statements are based on a number of assumptions believed by management to be reasonable at the time such statements are made, any of which may prove to be incorrect. Assumptions have been made regarding, among other things, that: the Private Placement will be completed on the terms described herein; all necessary regulatory approvals, including those of the TSX Venture Exchange, will be obtained in a timely manner; the use of proceeds of the Private Placement as currently anticipated; the availability of financing, labour, equipment and supplies; the accuracy of geological interpretations; and general business and economic conditions.
Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements. These risk factors include, but are not limited to: the risk that the Private Placement may not be completed as anticipated or at all; that required regulatory approvals may not be obtained in a timely manner or at all; changes in market conditions or commodity prices; risks related to exploration, development and operations; the risk that costs may exceed budget; risks related to permitting and environmental regulation; uncertainty in geological interpretations; financing risks; and other risks disclosed in the Company's public disclosure documents available under the Company's profile on SEDAR+.
Forward-looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this news release. Although the Company 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 does not undertake any obligation to update or revise any forward-looking statements, except as required by applicable law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/321698
Source: EraNova Metals Inc.
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PRINCETON, N.J., Oct. 30, 2026 (GLOBE NEWSWIRE) -- Integra LifeSciences Holdings Corporation (Nasdaq: IART), a global leader in medical technology, today announced its participation in the 2026 Congress of Neurological Surgeons (CNS) Annual Meeting, taking place October 31-November 4 in Washington, D.C. At this year's meeting, Integra will showcase its comprehensive neurosurgery portfolio through interactive educational experiences, hands-on training and technologies that support neurosurgeons across the continuum of care.
Conference attendees are invited to visit Integra at Booth 341 and participate in the CNS Skills Showdown, an interactive, educational experience that allows surgeons to test and refine procedural skills while learning about innovative neurosurgical technologies.
In addition, Integra will host a mobile hands-on laboratory on-site on Tuesday, November 3, providing attendees with practical product training opportunities across key areas of neurosurgical care, including:
Aurora® Surgiscope® SystemDuraGen®Dural Graft Matrices, Durepair® Dura Regeneration Matrix and dural repair solutionsCUSA® Clarity Ultrasonic Surgical Aspirator SystemNeurocritical care technologies and intracranial pressure (ICP) monitoring solutions "As a practicing neurosurgeon, I've seen how hands-on experience and peer collaboration help turn innovation into meaningful advances in patient care,” said Ray Turner, M.D., corporate vice president and chief medical officer, Integra LifeSciences. “Some of the most important conversations in our field happen when surgeons share what they’re seeing in practice, challenge conventional thinking and learn from each other's experiences. Integra technologies have long been part of my go-to toolkit, and I’m proud to stand behind products I also rely on in my own practice.”
An estimated 13.8 million patients worldwide require neurosurgical intervention each year, underscoring the importance of continued innovation, education, and collaboration across the specialty.1 Integra's neurosurgery portfolio includes technologies spanning neurocritical care, cerebrospinal fluid management, dural repair, visualization and tissue resection. The portfolio brings together established technologies such as the CUSA Clarity, celebrating 20 years within Integra's neurosurgery portfolio, alongside newer innovations such as Aurora® Surgiscope® System.
About Integra LifeSciences
Integra LifeSciences (Nasdaq: IART) is a global medical technology leader dedicated to restoring lives. We are advancing transformational care through impactful innovation in neurosurgery and tissue reconstruction, specialized fields that demand exceptional expertise and precision. Our portfolio of highly differentiated, gold-standard technologies is trusted by healthcare professionals to deliver transformative care. For the latest news and information about Integra LifeSciences and its products, please visit www.integralife.com.
Investor Relations Contact:
Chris Ward
(609) 772-7736
[email protected]
Media Contact:
Laurene Isip
(609) 208-8121
[email protected]
1 Dewan MC, Rattani A, Fieggen G, et al. Global neurosurgery: the current capacity and deficit in the provision of essential neurosurgical care. Executive Summary of the Global Neurosurgery Initiative at the Program in Global Surgery and Social Change. Journal of Neurosurgery. 2018;130(4):1055-1064. doi:10.3171/2017.11.JNS171500.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f5acb50e-642f-413f-b559-d31a2a5e52d6
Aurora® Surgiscope ® System
Aurora® Surgiscope ® System
O'Reilly Automotive remains a Hold as robust fundamentals are offset by a stretched valuation. Q3 saw strong 7.2% U.S. comp sales growth and 10%+ professional segment gains, but margin expansion was aided by a one-off tariff refund. International expansion, especially in Mexico and Canada, offers a long growth runway, though near-term impact is limited.
NEW YORK, Oct. 30, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into lululemon athletica inc. (NASDAQ:LULU) for potential securities fraud after significant stock drops.
If you invested in Lululemon, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/lululemon-class-action-lawsuit.
Key Details of the Lululemon ($LULU) Class Action Investigation:
Investigation Overview: Securities fraud investigation relating to Lululemon’s misrepresentations about the strength of its growth and overall business healthLargest Stock Drop: September 4, 2026 – 17.4% Stock DropAction: Contact BFA Law to discuss your rights
Why is Lululemon Being Investigated for Securities Fraud?
Lululemon is being investigated for securities fraud following significant stock drops. The decline in Lululemon’s stock price caused significant losses to investors.
Lululemon is a designer, distributor, and retailer of technical athletic apparel, footwear, and accessories. Lululemon’s apparel includes pants, shorts, tops, and jackets designed for athletic activities, as well as fitness-oriented apparel and accessories.
BFA is investigating whether Lululemon misled investors about the strength of its growth and overall business health.
Why did Lululemon’s Stock Drop?
On April 22, 2026, after market close, Lululemon announced that Heidi O’Neill would be appointed as CEO effective September 8, 2026. Analysts expressed skepticism that O’Neill was well-suited for this role given her background.
On this news, the price of Lululemon stock declined by $21.79 per share, or 13.3%, from a closing price of $163.45 per share on April 22, 2026, to a closing price of $141.66 per share on April 23, 2026.
Then, on June 4, 2026, after market close, Lululemon disclosed that gross margins were down 4% year-over-year. Further, sales trends slowed at the end of the quarter due to both negative media commentary about Lululemon’s products and underwhelming results from new product launches.
On this news, the price of Lululemon stock declined by $10.96 per share, or 8.6%, from a closing price of $124.92 per share on June 4, 2026 to a closing price of $114.23 per share on June 5, 2026.
Then, on September 3, 2026, after market close, Lululemon announced a year-over-year revenue decline of 4.3%, including a 10% decline in same-store sales a 20% decline in Lululemon’s core products—leggings and women’s tops—during the quarter. Management lowered FY26 revenue, operating margins, EPS guidance, and issued fiscal 3Q26 EPS guidance which was 60% below analysts’ expectations.
On this news, the price of Lululemon stock declined by $21.16 per share, or 17.4%, from a closing price of $121.77 per share on September 3, 2026 to a closing price of $100.61 per share on September 4, 2026.
Click here for more information: https://www.bfalaw.com/cases/lululemon-class-action-lawsuit.
What Can You Do?
If you invested in Lululemon, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360, and “SuperLawyers” by Thomson Reuters.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”
BFA’s notable successes include a recovery of over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
Highlights Knife River’s Widening Margin Gap with Peers and Calls for Commitment to at Least 22% Adjusted EBITDA Margins by FY2029
Calls for Greater Board Accountability and More Rigorous Management Incentives Aligned with Shareholder Commitments
NEW YORK--(BUSINESS WIRE)--Starboard Value LP (together with its affiliates, “Starboard”), a stockholder of Knife River Corporation (“Knife River” or the “Company”) (NYSE: KNF), today announced that it has delivered a letter to the Company’s Board of Directors.
The full text of Starboard's letter to the Company can be viewed here.
About Starboard Value LP
Starboard Value LP is an investment adviser with a focused and differentiated fundamental approach to investing in publicly traded companies. Starboard invests in deeply undervalued companies and actively engages with management teams and boards of directors to identify and execute on opportunities to unlock value for the benefit of all shareholders.
HOUSTON, Oct. 30, 2026 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced the redemption of all $236 million aggregate principal amount outstanding of its 8.625% Senior Notes due 2030 (the “2030 Notes”). The notes are being redeemed at 100% of their principal amount, plus accrued and unpaid interest, using cash on hand.
The redemption further optimizes Weatherford’s capital structure, reduces Weatherford’s gross debt by $236 million, and is expected to reduce annualized cash interest expense by approximately $20 million. Following the redemption, none of Weatherford’s current outstanding debt is scheduled to mature for approximately the next seven years, providing significant financial flexibility to support the Company’s strategic priorities.
Anuj Dhruv, Weatherford’s Executive Vice President and Chief Financial Officer, commented, “This redemption is another step in strengthening our financial foundation and reflects the disciplined approach we continue to take toward capital allocation. Retiring higher-cost debt lowers our interest expense, extends our maturity runway, and gives us greater flexibility to invest in the opportunities that create the most value for Weatherford and our shareholders.”
About Weatherford
Weatherford is a global energy services company that helps customers drill smarter, complete wells more effectively, and maximize production across the entire well lifecycle. With a differentiated portfolio of market-leading solutions, integrated technologies, and a broad global customer footprint across six continents, we blend advanced engineering, digital intelligence, and world-class field expertise to reduce risk, improve performance, and maximize the value of customer assets. Together, we elevate every operation, delivering stronger wells, sharper decisions, and better energy for the world. Visit weatherford.com for more information and connect with us on social media.
Forward-Looking Statement
This news release contains projections and forward-looking statements concerning expectations regarding future financial results. Such statements are only estimates based upon the current beliefs of Weatherford’s management and are subject to significant risks, assumptions, and uncertainties. Should one or more of these risks or uncertainties materialize, or underlying assumptions prove incorrect, actual results may vary materially from those indicated in our forward-looking statements. These risks and uncertainties are more fully described in Weatherford’s reports and registration statements filed with the Securities and Exchange Commission, including the risk factors described in the Company’s Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Accordingly, you should not place undue reliance on any of the Company’s forward-looking statements. Any forward-looking statement speaks only as of the date on which such statement is made, and the Company undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law.
For Investors:
Luke Lemoine
Senior Vice President, Corporate Development & Investor Relations
+1 713-836-7777 [email protected]
Curve DAO [CRV] recorded a sharp decline of 17.08% in the last 24 hours at press time, continuing to extend its recent decline as selling pressure intensified. Meanwhile, Spot trading volume surged 182% to $94.49 million, highlighting increased market participation during the sell-off.
The rapid volume increase along with the declining prices together pointed to aggressive selling as opposed to renewed buying interest. Additionally, the derivatives analytics also revealed another concerning development as market participants reduced their exposure.
Notably, the decline also coincided with a broader crypto market crash, as the Fear and Greed Index fell to 38, reflecting growing investor fear.
Derivatives surge, but traders abandon CRV positions
The trading volume on CRV derivatives rose 126.53% to $221.82 million as of writing, reflecting increased volatility in the Futures markets.
Despite increased trading, Open Interest (OI), however, declined 19.23% to $110.77 million, suggesting a considerable decrease in active positions. These contrasting figures implied investors closed their positions instead of committing fresh capital to the market.
Generally, declining OI during a sudden price decline usually points toward position unwinding and potential liquidations. Such developments often tend to go hand-in-hand with periods of market uncertainty as leveraged traders exit the market.
Source: CRV Open Interest on CoinGlass
Exchange reserves shrink despite CRV’s steep decline
At the time of writing, the token’s Exchange Reserves fell 15.58% to $120.9 million in 24 hours, highlighting a significant reduction in exchange-held token value.
However, it is also worth noting that the reserve decline also reflected CRV’s falling price, which limits conclusions about actual token withdrawals. On the other hand, the Spot Netflows, meanwhile, remained predominantly negative, with October 30 recording roughly $218,990 in net outflows.
Typically, continued negative netflows imply reduced immediate selling availability as traders transfer tokens away from exchanges.
Despite these withdrawals, however, CRV’s price continued declining, suggesting that existing selling pressure had overwhelmed potential accumulation. This divergence raised questions on whether the reduced exchange supply could eventually be of help in stabilizing CRV price.
Source: CRV Exchange Reserve USD on CryptoQuant
Can CRV defend its next critical support?
CRV’s technical structure on the daily chart confirmed a breakdown below $0.30, a region that previously supported several price recoveries. The bears pushed prices toward $0.2739 following the breakdown, bringing the next major support at $0.2372 into the spotlight.
Furthermore, the RSI indicator dropped to 30.24 as of writing, nearing the oversold territory and reflecting intense bearish pressure. Besides, the indicator’s position below its moving average further highlighted the fading buying strength.
The MACD indicator validated the bearish outlook, with its line falling to below the signal line, and the negative histogram expanding to -0.0030.
Ultimately, CRV remained vulnerable after losing the $0.30 support zone, while the declining Open Interest and bearish indicators strengthened the downside risks.
Even though the exchange outflows offered potential relief, the bears still retained control, and failure to recover the $0.30 support could expose CRV to further losses toward $0.2372.
Source: CRV/USDT Chart on TradingView
Final Summary
CRV’s 17% crash coincided with falling Open Interest and persistent market fear.
CRV could extend losses toward $0.2372 unless buyers reclaim the $0.30 level.
CHICAGO--(BUSINESS WIRE)--Exelon Corporation (Nasdaq: EXC) today reported its financial results for the third quarter of 2026. “Exelon's third-quarter results reflect disciplined investment and consistent performance across our utilities – a strategy that helped prevent outages during a summer of severe weather and kept customer rates below the national average," said Exelon President and Chief Executive Officer Calvin Butler. "Meanwhile, The Exelon Promise continues to guide our efforts to kee.
Defense Budget Expansion: 3 Mid-Cap Names in a Sweet Spot Huntington Ingalls Industries NYSE: HII reported record third-quarter 2026 revenue of approximately $3.5 billion, up 10.8% from a year earlier, as growth at its Newport News and Ingalls shipyards drove higher shipbuilding sales. Diluted earnings per share rose to $5.48 from $3.68 in the prior-year quarter, while net earnings increased to $217 million from $145 million.
President and Chief Executive Officer Chris Kastner said the company’s shipbuilding revenue reached about $2.8 billion during the quarter, a 14% year-over-year increase. The performance led HII to raise its 2026 shipbuilding revenue outlook to between $10.5 billion and $10.7 billion, while maintaining its shipbuilding operating-margin forecast of 6% to 6.5%.
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U.S. Shipbuilding Revival: 3 Stocks to Watch Now “Our portfolio turnover and throughput increases continue to drive incremental margin expansion,” Kastner said, adding that the midpoint of the shipbuilding margin range would represent a 35-basis-point improvement from 2025.
Contract awards lift backlog HII recorded $32.4 billion in new contract awards during the quarter, bringing total backlog to $86.2 billion. The awards included contracts for Block VI Virginia-class submarines, the second Columbia-class submarine, and long-lead materials for CVN-82.
These 3 Underrated ETFs Could Boom in 2026The company also finalized a $5.1 billion contract for the refueling and complex overhaul of the USS Harry S. Truman, or CVN-75, at the end of September. Chief Financial Officer Tom Stiehle said the award was not included in the third-quarter awards or backlog figures and will be recognized in fourth-quarter results.
Kastner said approximately 90% of expected shipbuilding revenue through 2030 was already under contract. He said the company’s priorities are execution, workforce growth, throughput improvement and delivery of ships and mission technologies.
Shipyard progress and workforce efforts At Newport News, the CVN-79 John F. Kennedy completed preliminary acceptance trials and remains on track for final delivery in 2027, according to Kastner. The CVN-80 and CVN-81 aircraft carriers are progressing, while SSN-800 Arkansas, the company’s final Block IV Virginia-class submarine, is expected to be delivered later in 2026.
At Ingalls, HII is preparing three ships for delivery: LPD-30 Harrisburg in 2026, followed by LHA-8 Bougainville and DDG-129 Jeremiah Denton in 2027. Kastner said LPD-30 had gone to sea for trials, while the shipyard continued testing work on the other two vessels.
Shipbuilding throughput rose about 9% year to date compared with 2025. Kastner said Newport News was executing in line with expectations, while Ingalls experienced a slower labor recovery after wage increases introduced near the end of the first quarter. Still, Ingalls added a net 576 shipbuilders during the third quarter, its highest net increase in 10 quarters.
Across both yards, HII hired more than 6,000 shipbuilders year to date. Enrollment at its apprentice schools surpassed 800, up 14% from the prior year. The company also expects distributed shipbuilding to grow more than 30% year over year.
Mission Technologies raises margin outlook Mission Technologies generated $792 million of third-quarter revenue, slightly above the prior-year period, and reported a 2.4-times book-to-bill ratio on $1.9 billion of awards. Segment operating income rose to $71 million from $34 million, while operating margin expanded to 9% from 4.3%.
The segment’s performance benefited from a milestone related to testing HII’s ROMULUS offering for the Navy’s Medium Unmanned Surface Vessel program, higher unmanned-systems volumes and increased equity income from nuclear and environmental joint ventures, Stiehle said.
Mission Technologies President Andy Green highlighted several strategic awards, including the $2.2 billion STINGRAI program supporting U.S. Southern Command’s intelligence, surveillance and reconnaissance capabilities; a follow-on production order for Lionfish unmanned underwater vehicles; and an award for 10 ROMULUS 150-foot unmanned surface vessels.
The segment also received a $332 million, five-year Air Force contract for enterprise artificial intelligence capabilities, including analytics and data engineering. HII expanded its Massachusetts autonomous-systems production facility by 25% to support manufacturing, testing and integration capacity for unmanned systems.
Given year-to-date results, HII raised Mission Technologies’ full-year operating-margin outlook to about 6% and EBITDA-margin expectation to about 9%. It maintained the segment’s revenue guidance of $3 billion to $3.2 billion, with Stiehle saying the midpoint was the most likely outcome based on the company’s current view.
Cash flow and margin outlook Third-quarter cash from operations totaled $520 million, while free cash flow was $429 million after $91 million in net capital expenditures. HII ended the quarter with $387 million in cash and approximately $2.1 billion of liquidity.
Stiehle said free cash flow exceeded the company’s prior quarterly expectation largely because of the timing of receipts and disbursements, though HII did not change its full-year free-cash-flow forecast. The company expects cumulative free cash flow of $1.2 billion to $1.3 billion across 2026 and 2027.
Looking ahead, management said it expects continued incremental improvement in shipbuilding margin in 2027. Kastner said he continues to view shipbuilding as a business that should ultimately generate returns on sales of 9% to 10%, while Stiehle said the company expects a transition toward a greater share of post-COVID work by the end of 2027.
About Huntington Ingalls Industries (NYSE:HII)Huntington Ingalls Industries, Inc NYSE: HII is an American defense company that designs, builds, maintains and modernizes ships for the U.S. Navy and other government customers. Its shipbuilding activities include nuclear-powered aircraft carriers, submarines, amphibious assault ships, destroyers and other surface vessels, along with fleet sustainment and modernization services.
HII operates through its Newport News Shipbuilding and Ingalls Shipbuilding divisions. Newport News Shipbuilding is involved in the construction and maintenance of nuclear-powered aircraft carriers and submarines, while Ingalls Shipbuilding builds surface combatants and amphibious ships.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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If you own 1,000 units of Enterprise Products Partners (EPD +2.60%), you'd collect $560 each quarter, or $2,240 per year. That's at the master limited partnership's (MLP) current distribution rate of $0.56 per quarter ($2.24 annually), a 5.7% yield at its recent unit price. It's the kind of steady paycheck income investors want from a pipeline business.
It's easy to take this income for granted. The MLP's recent third-quarter report is a good time to ask a harder question: Does it generate enough cash to comfortably cover this payment? Here's a look at what the high-yield dividend stock's recent earnings tell us about the safety of its payout.
Image source: The Motley Fool.
How much cash covers the payout?Enterprise measures its ability to pay distributions using distributable cash flow (DCF), which approximates the cash the business generates after covering the maintenance of its existing pipelines and plants. In the third quarter, DCF from normal operations was $2.3 billion, up 27% from a year ago. That covered its current distribution by 1.9 times, leaving $1.1 billion to spare. The pipeline company can use its retained cash to invest in growth, repurchase units, and retire debt.
That cushion has widened over the past year, even though Enterprise has continued to increase its distribution (2.8% growth over the last 12 months; it's its 28th straight year of raising the payout). A year ago, the MLP covered its payout by 1.5 times, allowing it to retain $635 million in cash.
$38.49+$0.98 (+2.60%)
NYSE · As of 4:00 PM ET 10/29/26
Free cash flow adds a tougher testI like to dig a little deeper than just distribution coverage. Pipeline companies invest heavily to expand. I want to see that a company is producing enough cash to cover its payout and at least half of its growth capital expenditures. That way it's not putting too much pressure on its balance sheet or issuing dilutive equity to fund its growth.
During the third quarter, the MLP's capital expenditures were around $1.1 billion. That was right in line with its excess cash flow after paying distributions, meaning it covered 100% of growth-related investment spending. That's a very strong result.
It enabled the MLP to maintain one of the strongest balance sheets in the sector (it's the only midstream energy infrastructure company with A-/A3 credit ratings). Enterprise ended the third quarter with a leverage ratio of 2.9x, at the lower end of its 2.75x-3.25x target range. That's allowing it to return additional cash to investors through its unit repurchase program ($112 million in the third quarter and $437 million over the last 12 months).
Where things could go wrongThree things could narrow the cushion. First, part of the recent strength comes from a hot export market. Management said global conflicts are driving strong overseas demand for U.S.-produced natural gas liquids and other products. If that demand falls, margins could, too. Second, borrowing costs are climbing due to higher interest rates. If rates keep rising, coverage could narrow. Finally, Enterprise currently has $6.3 billion of growth capital projects it expects will enter service through the first quarter of 2029. If it significantly boosts growth-related capital spending, it could start outspending cash flow again.
A bankable income streamFor income-focused investors, I'd consider Enterprise's current payout to be rock-solid. It's generating more than enough cash to cover its distribution, and even funded 100% of its capital spending with internally generated cash in the third quarter. On top of that, it has the strongest financial profile in the sector. That makes it a well-funded payout for investors willing to deal with the potential tax complications of investing in an MLP that issues a Schedule K-1 Federal tax form each year.
NEW YORK, Oct. 30, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that it is investigating the going private merger whereby Penske Automotive Group, Inc. (NYSE: PAG) is being taken private by its controlling stockholders, Roger Penske and Mitsui & Co., Ltd. Penske is incorporated in Delaware.
If you are a current shareholder of Penske, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/penske-investigation.
Key Details of the Penske ($PAG) Investigation:
Investigation Overview: Breaches of Fiduciary Duty in connection with the merger under which Roger Penske and Mitsui will acquire the public stock of Penske for $212.00 per shareAction: Contact BFA Law to discuss your rights Why is the Penske Transaction being Investigated?
Penske Automotive Group, Inc. (“Penske”) is a company that is controlled by two majority stockholders—Roger Penske (via “Penske Corporation”) and Mitsui & Co., Ltd. (“Mitsui”). Those two stockholders alone control 72.3% of the company’s voting power.
Penske’s initial disclosures have reported that the company utilized a special committee to evaluate the merger and that the merger is conditioned on the approval of the public stockholders at an upcoming stockholder vote. Penske has not yet disclosed the full details of the process that resulted in the merger, and key questions about whether those protective mechanisms were effective remain unanswered.
BFA is investigating whether the terms of the merger comply with Delaware law, including whether the $212.00 per share price is a fair price for the public stockholders’ shares of Penske stock.
Click here for more information:
https://www.bfalaw.com/cases/penske-investigation
What Can You Do?
If you are a current holder of Penske stock, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
Submit your information by visiting:
https://www.bfalaw.com/cases/penske-investigation
Or contact:
Adam McCall
[email protected]
212.789.3619
Why Bleichmar Fonti & Auld LLP?
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”
Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.
For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
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Attorney advertising. Past results do not guarantee future outcomes.
The Binance hack could accelerate a shift in crypto trading toward decentralized exchanges, benefiting Uniswap over the longer term, according to Standard Chartered’s global head of digital assets research, Geoffrey Kendrick.
In an email shared with Cointelegraph, Kendrick said the breach should drive further growth in decentralized exchanges’ share of trading relative to centralized platforms, though investors should wait until after the impact of the Binance attack has time to play out in the markets.
“I would encourage investors to re-engage with Uniswap,” said Kendrick. “The decentralized exchange (DEX) has never had any exploits, and the hack of the largest centralized exchange (CEX), in Binance, should see the ratio of DEX to CEX trading continue to increase.”
CoinGecko research shows that the top 10 spot DEX-to-CEX ratio was 23.5% in the second quarter of 2026, climbing 2.1 percentage points from the first quarter of 2026.
Kendrick said he retains his $100 price target for Uniswap (UNI) for 2030, but said the Binance hack is “another reason why that forecast may end up being too low.”
The forecast builds on Standard Chartered’s earlier thesis that assets locked in DeFi could reach $2.7 trillion by 2030, with Uniswap emerging as a key trading venue for tokenized assets.
Looking at the broader implications of the Binance hack, Kendrick said he expects there will be further negative price action in the near term.
Cointelegraph reported that cryptocurrency markets extended their decline early Friday following the Binance hack, with BNB down more than 8% over 24 hours and Bitcoin trading near $77,000. Decentralized finance tokens also declined. Aave’s AAVE fell 11.3% to $118.54, while Uniswap’s UNI dropped 10.4% to $6.48, according to CoinGecko.
“Only after assets are unfrozen and more detail of the hack emerges will we find a new base,” said Kendrick.
Live updates: Binance says $6.3B hack involved compromised engineer’s laptop
A recent security breach involving Binance, the world’s largest centralized cryptocurrency exchange, may fuel increased adoption of decentralized trading platforms, according to Geoffrey Kendrick, global head of digital assets research at Standard Chartered.
Shift toward decentralized exchangesKendrick stated that the incident with Binance is likely to accelerate the migration of crypto traders to decentralized exchanges (DEXs) like Uniswap. He noted that Uniswap has never experienced an exploit and suggested that its share of overall crypto trading could see further gains against centralized exchanges (CEXs) as a result of recent events.
“I would encourage investors to re-engage with Uniswap,” Kendrick remarked. “The hack of the largest CEX in Binance should see the ratio of DEX to CEX trading continue to increase.”
I would encourage investors to re-engage with Uniswap. The decentralized exchange has never had any exploits, and the hack of Binance should see the ratio of DEX to CEX trading continue to increase.
Recent data from CoinGecko illustrates this trend: in the second quarter of 2026, the DEX-to-CEX spot trading volume ratio among the top 10 exchanges reached 23.5%. This marked an increase of 2.1 percentage points compared to the first quarter of 2026.
PeriodTop 10 DEX-to-CEX Spot RatioQ1 202621.4%Q2 202623.5%Mini dictionary: Uniswap is a leading decentralized exchange (DEX) built on the Ethereum blockchain, allowing peer-to-peer cryptocurrency trading without an intermediary and utilizing automated market maker protocols.
Price targets and outlookLooking ahead, Kendrick maintained his $100 price target for Uniswap’s governance token (UNI) by 2030. He commented that the Binance hack further supports this estimate and may even indicate that the target is conservative.
Standard Chartered’s projection is based on the expectation that assets locked in decentralized finance (DeFi) could reach $2.7 trillion by 2030, positioning Uniswap as a critical venue for trading tokenized assets.
Kendrick warned that the immediate aftermath of the Binance incident is likely to result in additional price pressure across the crypto market. He anticipates that further clarity on the hack and the unfreezing of assets will be necessary before the market can stabilize.
Only after assets are unfrozen and more detail of the hack emerges will we find a new base.
Market reactionFollowing the breach, Bitcoin prices hovered near $77,000 while Binance Coin (BNB) fell over 8% in 24 hours. Other major decentralized finance tokens also experienced double-digit losses: Aave’s AAVE dropped 11.3% to $118.54 and Uniswap’s UNI fell 10.4% to $6.48, according to CoinGecko.
Binance confirmed that the attack involved the compromise of an engineer’s laptop, with the total loss estimated at $6.3 billion. The company is providing live updates as the situation continues to develop.
Analysis: Binance is currently replenishing its holdings of stolen altcoins, and may purchase tokens including XRP, SOL, UNI and others.
According to Binance CEO He Yi’s disclosure, Binance is acquiring altcoins that exactly match its stolen assets via over-the-counter (OTC) and on-exchange trading to complete its Proof of Reserves (PoR) process, and will update on progress once purchases are finalized. Combined with this statement and the already disclosed stolen asset records, these include 233.46 million XRP (valued at ~$296 million), 970,500 SOL (~$96 million), and 46.4 million TRX (~$16 million). Additionally, the hacker has dumped seven tokens—UNI, ENA, PEPE, LINK, AAVE, ONDO, WLD—converting them into 70,480 ETH for a total transaction value of ~$158.25 million. The dump amounts for UNI, ENA, PEPE, and LINK stand at ~$39.63 million, ~$33.93 million, ~$31.66 million, and ~$26.05 million respectively. Other stolen assets also include 74.56 million ARB (~$11.54 million), 714.911 million FUN (~$6.29 million), 87.853 million ZAMA (~$6.02 million), 3.602 million ZRO (~$5.69 million), and 3.382 billion RSR (~$5.02 million).
3 minutes ago
Synthetix: Has recovered the SNX tokens stolen from Binance, and will return them upon request.
Synthetix issued a statement noting that the SNX tokens stolen from Binance have been recovered by the Synthetix Protocol DAO, and are now safely held in the Protocol DAO’s Safe wallet. The protocol added that it has notified Binance, and will return the relevant tokens once it receives Binance’s request.
3 minutes ago
Analysis: Traders purchase Bitcoin put options following the Binance hack, with strike prices concentrated between $74,000 and $78,000
After the Binance hack, large traders ramped up their positions in Bitcoin put options for hedging. Nicolas Quatravaux, head of Europe, Middle East and Africa (EMEA) at Paradigm, said that within 8 hours of the incident, the notional value of BTC block trades on the platform reached roughly $590 million, equivalent to half of the related block trading volume on Deribit in the same period, with trades clearly skewed toward put options.
The first large trade took place at 20:38 UTC, before the news was made public: a purchase of put options covering 250 BTC, expiring October 31, with a strike price of $78,000, with a notional size of around $20 million. Three minutes later, another buy of the same contract incurred a cost about 35% higher.
Buy orders were mainly concentrated on strike prices between $74,000 and $78,000, with most expiring this week and mid-November. Notably, two put option trades expiring mid-November with a strike price of $74,000 each covered 1,000 BTC, totaling a notional size of around $155 million.
The report argues that this move is more of a hedge against further short-term pullbacks rather than a bet on an extreme market crash. Meanwhile, call options expiring in March were still being traded in the market, indicating not all traders are taking a defensive stance. Standard Chartered warned that market weakness could persist, and a new market bottom may not form until incident details are clarified and relevant exchanges and protocols unfreeze the involved tokens.
3 minutes ago
CZ: Token recovery efforts appear to have commenced, and Binance can naturally accumulate various tokens via transaction fees.
Binance founder CZ posted that the recovery of token assets appears to have started. He added that when users trade on Binance, they pay trading fees in the traded cryptocurrency, leading the exchange to naturally accumulate various tokens listed on its platform. CZ also emphasized: "User fund security!"
3 minutes ago
Trump: The war with Iran will end soon, no matter what form it takes.
U.S. President Donald Trump said the war with Iran will end soon, by whatever means.
3 minutes ago
CZ responds to Bitcoin's resilience amid market downturns: Traditional market declines typically weigh on the crypto market, yet Bitcoin has demonstrated remarkable resilience.
Binance founder CZ has responded to community discussions about Bitcoin’s resistance to price declines, stating that the leading cryptocurrency’s performance is quite surprising given the larger drops seen in traditional financial markets today. Historically, downturns in traditional markets weigh on crypto prices as investors sell assets to hoard cash, but Bitcoin has shown remarkable resilience this time. Earlier, some community users noted that a $6 billion+ hack on the world’s largest crypto exchange would likely trigger a sharp Bitcoin price slump, yet the token only fell around 3% that day—leading many to believe the market bottom may be approaching.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.
Standard Chartered has predicted that the $6.3 billion Binance hack could push more cryptocurrency trading toward decentralized exchanges, with Uniswap expected to benefit as investors reconsider their reliance on centralized platforms.
Summary
Standard Chartered’s Geoffrey Kendrick expects the $6.3 billion Binance hack to encourage more cryptocurrency trading on decentralized exchanges, particularly Uniswap, once the initial market disruption settles.
Kendrick has maintained his $100 price target for Uniswap’s UNI token by 2030 and believes the Binance breach could strengthen the case for a higher valuation.
CoinGecko data showed that the trading volume ratio between the top 10 decentralized and centralized spot exchanges reached 23.5% in the second quarter of 2026, up 2.1 percentage points from the previous quarter.
Standard Chartered expects cryptocurrency prices to face further losses before stabilizing, with Kendrick pointing to the release of frozen assets and more details about the Binance attack as factors to watch.
Uniswap’s UNI fell more than 10% following the hack, while Hyperliquid’s HYPE gained approximately 15% after ICE announced plans to develop a regulated US perpetual futures market with Trade.xyz.
According to comments shared with cryptomedia, Geoffrey Kendrick, Standard Chartered’s global head of digital assets research, believes the security breach could encourage traders to move toward decentralized exchanges, or DEXs, once the initial market reaction has settled.
However, Kendrick warned that cryptocurrency prices could face further losses before the market stabilizes, as investigators continue examining the attack and efforts to recover the stolen funds remain underway.
His outlook comes after the October 29 breach at Binance, which affected approximately $6.3 billion in cryptocurrency and prompted the exchange to suspend deposits and withdrawals while conducting security checks.
Standard Chartered expects Binance hack to benefit Uniswap
Kendrick believes decentralized exchanges could attract more trading activity following the attack, particularly as investors assess the risks of keeping their assets on centralized platforms.
He specifically pointed to Uniswap as a potential beneficiary and encouraged investors to reconsider the decentralized exchange once the immediate market disruption has passed.
“I would encourage investors to re-engage with Uniswap,” Kendrick said, adding that the platform’s security record and the attack on Binance could help decentralized exchanges capture a larger share of cryptocurrency trading.
The analyst maintained his $100 price target for Uniswap’s UNI token by 2030, although he suggested the latest incident could strengthen the case for an even higher valuation.
Kendrick described the Binance hack as “another reason why that forecast may end up being too low.”
His projection follows Standard Chartered’s earlier forecast that the total value of assets locked in decentralized finance could reach $2.7 trillion by 2030.
Under that outlook, Uniswap could become an important trading venue for tokenized assets as more financial products move onto blockchain networks.
The bank’s prediction concerns the longer term, however, and Kendrick has not suggested that decentralized exchanges will immediately benefit from the market disruption caused by the hack.
DEX trading volumes have gained ground against centralized exchanges
Decentralized exchanges had already been gaining market share before the Binance attack, according to cryptocurrency market data published earlier this year.
CoinGecko’s second-quarter industry report showed that the trading volume ratio between the top 10 spot decentralized and centralized exchanges reached 23.5% in the second quarter of 2026, up 2.1 percentage points from the previous quarter.
The figures came despite a decline in trading activity across both types of platforms during the period.
Spot trading volume on the 10 largest decentralized exchanges fell 26.5% to $408.9 billion, while centralized exchanges recorded $1.95 trillion in volume, a decline of 27.9% from the first quarter.
Uniswap remained the largest decentralized spot exchange during the quarter, accounting for 41.2% of trading volume among the top 10 platforms tracked by CoinGecko.
Its trading volume stood at $168.5 billion, down 21.4% from the previous quarter, while PancakeSwap followed with $80.7 billion.
The figures show that decentralized exchanges gained ground against centralized competitors even as trading activity declined across the cryptocurrency market.
Binance nevertheless remained the largest centralized spot exchange, with a 38.7% share of trading volume among the top 10 platforms during the second quarter.
Binance hack leaves crypto market under pressure
The latest comments from Standard Chartered came as cryptocurrency prices fell following the Binance security breach, with several major tokens recording losses.
Bitcoin traded near $77,000 on Friday, while Binance’s BNB token fell more than 8% over 24 hours, according to market data cited by Cointelegraph.
Decentralized finance tokens were caught in the selling as well. Uniswap’s UNI dropped 10.4% to $6.48, while Aave’s AAVE declined 11.3% to $118.54.
In separate comments reported by CoinDesk, Kendrick said the market could face further selling before cryptocurrency prices establish a more stable trading range.
“I suspect the negative price action still has some way to go,” he said.
He expects the market to find a new base only after more information about the Binance attack becomes available and frozen assets are released.
The incident involved unauthorized transactions from Binance-controlled wallets, with investigators tracing the attack to compromised transaction authorization controls.
As previously reported by crypto.news, blockchain security firm Blockaid identified 50 Ethereum EIP-7702 authorizations submitted in a single transaction, one of which successfully targeted Binance’s heavily used hot wallet.
Binance’s preliminary investigation pointed to a potentially compromised DevOps engineer’s laptop, although the exchange said it had found no evidence that a wallet private key had been leaked.
The company reported that approximately $3 billion in affected assets had been frozen and pledged to cover customer losses using its Secure Asset Fund for Users and company reserves.
Hyperliquid gains as other DEX tokens decline
While most decentralized exchange tokens fell following the Binance hack, Hyperliquid’s HYPE moved in the opposite direction.
The token gained approximately 15%, according to CoinDesk, following news that Intercontinental Exchange, the parent company of the New York Stock Exchange, had partnered with Trade.xyz to develop a regulated perpetual futures market in the United States.
Under the proposed Hyperliquid partnership, the companies plan to offer round-the-clock trading in contracts tied to stocks, indexes, commodities, foreign exchange and cryptocurrencies.
The project remains subject to approval from the Commodity Futures Trading Commission, and the companies have not announced a launch date.
Trade.xyz said its existing markets on Hyperliquid had processed more than $650 billion in cumulative trading volume over the past year. ICE is making a strategic investment in the company, although the financial terms have not been disclosed.
Uniswap price has fallen 3.99% to $6.73 on October 30 after the attacker behind the Binance hack reportedly sold 7.02 million UNI tokens worth $39.63 million, adding to selling pressure across the cryptocurrency market.
Summary
Uniswap fell 3.99% to $6.73 on October 30, leaving UNI down 23.48% over the past month.
Lookonchain reported that the Binance attacker sold 7.02 million UNI for $39.63 million.
The attacker converted seven stolen altcoins into 70,480 ETH worth $158.25 million.
Standard Chartered’s Geoffrey Kendrick sees a possible long-term benefit for decentralized exchanges despite the sell-off.
UNI faces support around 6.25–6.50, while $7.00 and $7.50 remain important resistance levels.
According to blockchain analytics platform Lookonchain, the attacker converted the stolen UNI into Ethereum at an average price of $5.65 per token. The sale formed part of a larger operation involving seven cryptocurrencies, which generated 70,480 ETH valued at $158.25 million.
UNI recovered from an intraday low of $6.27 but remained below its previous trading range. The token has lost 7.62% over seven days and 23.48% in the past month, with daily trading volume reaching $1.32 billion.
Binance hacker sells $39.63 million in Uniswap tokens
The selling began after unauthorized transfers from Binance-controlled wallets on October 29. On-chain investigators tracked millions of UNI leaving addresses connected to the exchange before appearing in transactions that exchanged the tokens for ETH.
An initial investigation identified 3.86 million UNI sold through 23 transactions, leaving another 3.16 million tokens in the receiving wallet. Subsequent monitoring showed the attacker had completed the sale of all 7.02 million UNI.
The hacker disposed of other cryptocurrencies during the same operation. These included 217.5 million ENA worth $33.93 million, 7.77 trillion PEPE valued at $31.66 million, and 2.57 million LINK worth $26.05 million.
AAVE, ONDO and WLD accounted for the remaining sales, with the attacker collecting the proceeds in ETH. UNI represented the largest individual sale among the seven assets.
The transactions took place while Bitcoin and other major cryptocurrencies were falling.
Standard Chartered sees potential benefit for Uniswap
Despite the latest price weakness, Standard Chartered’s global head of digital assets research, Geoffrey Kendrick, believes the Binance breach could eventually benefit decentralized exchanges.
In comments reported by Cointelegraph, Kendrick argued that traders may become more interested in platforms where they retain control of their assets, instead of keeping funds with centralized exchanges.
“I would encourage investors to re-engage with Uniswap,” Kendrick said, maintaining his $100 UNI price target for 2030.
The analyst suggested that the Binance incident could help decentralized exchanges capture a larger share of cryptocurrency trading. He nevertheless expects further market weakness before prices establish a more stable base.
JUST IN: Standard Chartered analyst says Binance hack could accelerate DEX adoption and lift Uniswap
Analyst Geoffrey Kendrick says the incident may drive more traders toward decentralized exchanges, adding that his $100 price target for $UNI by 2030 could prove too… pic.twitter.com/KCLyvdmFcr
— crypto.news (@cryptodotnews) October 30, 2026
As crypto.news reported in June, Kendrick’s original forecast rested partly on expectations that tokenized assets would bring more trading activity into decentralized finance.
Uniswap’s existing fee mechanism provides another part of that argument. Following governance changes introduced in December 2025, the protocol began directing certain trading fees toward UNI purchases and token burns.
An August examination of Uniswap’s fees detailed how the system removes tokens from circulation as eligible protocol revenue accumulates. The amount burned depends on actual fee collections and the applicable settings across liquidity pools.
UNI price remains under pressure
Uniswap’s latest daily chart showed a recovery from $6.26 toward $6.72, although the token remained below its late-September highs above $10.
The Balance of Power indicator stood at 0.39, suggesting buyers had gained some ground during the session. However, the Chaikin Money Flow reading of -0.01 pointed to nearly balanced capital flows, with a slight selling bias.
Uniswap price chart, source: crypto.news
The latest rebound therefore has limited confirmation from money-flow indicators. UNI needs stronger buying activity to recover the ground lost during October.
On the derivatives side, the token has another trading venue following the launch of CME futures on October 19. The exchange offers standard and micro UNI futures contracts, giving traders regulated exposure to the token’s price.
Uniswap price analysis: can UNI reclaim $7?
At $6.73 at press time, UNI faces immediate resistance around $7.00, followed by $7.50 and $8.00. A sustained move above $7.50 would improve the short-term chart structure after several weeks of falling prices.
Meanwhile, crypto analyst Crypto With Gopal identified a possible double-top formation on the five-minute chart, with two rejected attempts near $6.88.
$UNI / USDT – 5M
Uniswap is printing a textbook Double Top pattern 👀📉
Price has faced rejection twice near $6.88, forming strong resistance. The neckline around $6.73 is under pressure, signaling potential bearish continuation.
— Crypto With Gopal (@cryptowithgopal) October 30, 2026
The analyst placed the neckline around $6.73 and identified $6.55 as a potential downside target if the pattern breaks. Resistance on that shorter timeframe sits between $6.85 and $6.90.
On the daily chart, the 6.25–6.50 region remains the immediate support area. Losing that zone could expose $6.00, while the longer-term 200-day moving average near $5.60 represents a lower technical level.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
DFINITY has linked the Internet Computer (ICP) to Anthropic's Claude via a connector, letting developers and businesses build on-chain infrastructure through chat prompts.
@Dfinity has connected the Internet Computer ($ICP) with Anthropic's @claudeai platform, allowing developers and businesses to create full-stack decentralized infrastructure through chat prompts.
Through Claude's connector registry, users can create cloud infrastructure, build decentralized enterprise client portals, and continuously deploy smart contracts from a chat window. The integration converts chat prompts into on-chain infrastructure, a step that could make building on-chain applications as simple as sending a command.
How the ICP Connector WorksThe integration relies on the Model Context Protocol (MCP), a standard that lets AI assistants interact with outside services.
Access is controlled through Internet Identity, the network's authentication system.
DFINITY says the setup requires little technical knowledge.
What Connectors Mean for Claude UsersConnectors are a standard feature of Anthropic's platform. That permission model matters for blockchain use, where actions can be difficult to reverse.
The Claude launch follows a similar move toward other AI tools. The foundation is positioning the network as infrastructure for AI-driven development.
The practical reach of the Claude integration will depend on how many developers adopt it and how well the connector handles production deployments. Details on usage have not been published.
SourcesICP MCP: Official MCP connector by DFINITY
Use connectors to extend Claude's capabilities (Anthropic Support)
MILWAUKEE--(BUSINESS WIRE)--Sensient Technologies Corporation (NYSE: SXT), a leading provider of flavors and colors for the food, pharmaceutical, and personal care markets, today reported financial results for the third quarter ended September 30, 2026. Third Quarter Consolidated Results Reported revenue increased 10.6% to $455.8 million in the third quarter of 2026 versus last year's third quarter results of $412.1 million. On a local currency basis(1), revenue increased 10.2%. Reported operat.
Investors seeking exposure to modern financial markets must choose between high-growth digital assets and steady, analytical data. Coinbase Global (COIN -1.07%) and Morningstar (MORN +3.57%)represent two very different investment philosophies.
Coinbase serves as a primary hub for crypto trading and infrastructure, while Morningstar offers indispensable ratings and research tools for traditional investors. Comparing these firms clarifies whether you prefer the volatility of new financial rails or the reliable demand for established investment research and data platforms.
The case for Coinbase GlobalCoinbase operates a comprehensive platform for trading, storing, and utilizing digital assets. The company has established itself as a leader among fintech stocks by diversifying its revenue streams beyond simple transaction fees. A key part of this strategy involves its relationship with Circle to support USDC, a stablecoin that generates significant interest income for the company.
In its latest annual report, filed for FY 2025, revenue reached nearly $7.2 billion, an increase of approximately 9.4% from the prior year. The company reported net income of nearly $1.3 billion, down from roughly $2.6 billion in FY 2024. This performance reflects the company's ability to maintain profitability even as it navigates changing market conditions and fluctuating trading volumes.
As of its December 2025 balance sheet, the debt-to-equity ratio, which measures a company's total debt relative to its shareholder equity, was roughly 0.5x. The current ratio, a measure of a company's ability to pay short-term obligations with its current assets, was approximately 2.3x. Free cash flow was nearly $2.4 billion, though note that stock-based compensation accounted for roughly 34.6% of operating cash flow, inflating reported cash generation since SBC is a non-cash expense added back in the cash flow statement.
The case for MorningstarMorningstar provides independent investment insights and technology to a wide range of clients, including wealth managers and institutional asset owners. The company's business model relies on subscription-based data products such as Morningstar Direct and specialized private-market data through PitchBook. It also earns revenue from asset management services and credit ratings for fixed-income security issuers.
In its latest annual report, filed for FY 2025, the firm's revenue reached nearly $2.4 billion, representing approximately 7.5% growth over the previous year. Net income for the period was close to $374.2 million, up slightly from the roughly $369.9 million reported in FY 2024. This consistent growth highlights the steady demand for reliable financial data and independent research from professional and retail investors alike.
As of its December 2025 balance sheet, the company's debt-to-equity ratio was approximately 1.2x. The current ratio stood at nearly 1.0x, indicating that current assets are roughly equal to the company's short-term liabilities. Free cash flow for the year was close to $442.6 million, providing the company with ample capital to continue reinvesting in its proprietary data technology and global AI initiatives.
Risk profile comparisonCoinbase Global faces significant risks due to the extreme price volatility of digital assets like Bitcoin (BTC -3.42%). Since transaction fees account for a large share of revenue, a sharp decline in trading volume or asset prices can lead to rapid revenue declines. The company also operates in an uncertain regulatory environment where potential enforcement actions or changes in asset classification could limit its operational capabilities or lead to costly litigation.
Morningstar must manage reputational risks arising from potential conflicts of interest between its rating services and its asset management business. It also competes against large-scale providers like MSCI (MSCI +2.25%) and S&P Global (SPGI +2.52%)for market share in financial data and indexes. Furthermore, the company faces operational risks as it integrates AI into its products and remains heavily reliant on the strategic decisions of its majority owner.
Valuation comparisonMorningstar appears to be the more conservatively valued option for investors, given its significantly lower earnings and sales multiples relative to Coinbase.
MetricCoinbase GlobalMorningstarForward P/E55.1x18.1xP/S ratio7.1x3.3xValuation metrics include those sourced from Financial Modeling Prep (FMP) and may differ from those of other data providers.
The P/S ratio measures a company's market value against its sales over the past twelve months. The Forward P/E provides a comparison of the stock price against future earnings estimates.
When comparing Coinbase and Morningstar, investors should consider a few key factors. Let's have a look at them and see what that tells us about each stock.
To start, there's growth. Morningstar, for its part, has recorded steady growth. The company has averaged 10.2% year-over-year revenue growth over the last five years, and in its most recent quarter, it registered 8.9%. Coinbase, on the other hand, has delivered volatile growth figures. Overall, its revenue growth has averaged an impressive 31.4% over the last five years. However, its growth has been anything but steady. It has oscillated between a high of 327% in 2022 and a low of -75% in 2023. Therefore, Morningstar gains an edge in this category for its consistency.
Another factor to consider is each company's profitability. Similar to growth, there is a major consistency gap between the two stocks. Morningstar has an average operating margin of 17%, and in recent quarters, it has grown to 24.1%. Coinbase, on the other hand, has seen its operating margin swing wildly from highs of 45% to lows of -60.3%, giving investors little confidence that the company can deliver steady profits. Consequently, that's another edge to Morningstar.
Last, there's valuation. Given Coinbase's difficulty in producing profits, let's examine each stock's price-to-sales (P/S) ratio. Morningstar has a P/S ratio of 3.3x, while Coinbase's is 7.1x. In other words, an investor pays roughly twice as much when buying Coinbase stock versus Morningstar stock for each $1 of sales. Yet again, Morningstar has an advantage.
In summary, these two stocks have very different profiles. Morningstar has a solid track record of revenue growth, profitability, and a lower valuation. Coinbase has volatile sales and profits and a higher valuation. In a head-to-head matchup, many investors will favor Morningstar's stability.
New York, New York--(Newsfile Corp. - October 30, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Compass, Inc. ("Compass" or the "Company") (NYSE: COMP) on behalf of investors that purchased or otherwise acquired Compass common stock in direct exchange for Anywhere securities pursuant to the S-4 registration statement, 424B3 prospectus, and related oral communications (collectively, with materials incorporated therein, the "Offering Materials"), issued in connection with the January 2026 stock-for-stock exchange by which Compass acquired and merged with Anywhere (the "Merger").
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If you are an investor in Compass and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.
DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than December 8, 2026 for an opportunity to be lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.
The complaint alleges that the Offering Materials falsely attested that Defendants were making (and would continue to make) "reasonable best efforts to obtain [] authorizations and consents" "from certain regulatory authorities" and "to take, or cause to be taken, all appropriate actions and [. . .] all things necessary, proper or advisable under applicable law (including any antitrust laws) to consummate and make effective the merger at the earliest practicable date."
These representations, according to the complaint, were inaccurate because, in truth, "Defendants secretly hired Mike Davis-a lobbyist, lawyer, and ally of President Donald Trump-to obtain potentially illicit access to high-level Trump Administration Department of Justice ("DOJ") officials to circumvent the standard merger review process."
At the commencement of this action, according to the complaint, Compass stock closed at $9.19 per share-a decline of over 28% from the approximately $12.84 share price on the exchange date for the Merger.
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WHY CONTACT KAPLAN FOX?
Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.
Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America-the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act-$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.
For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.
If you have any questions about this Notice, your rights, or your interests, please contact:
Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.
New York, New York--(Newsfile Corp. - October 30, 2026) - Kaplan Fox & Kilsheimer LLP announces that a class action lawsuit has been filed against Triller Group Inc. ("Triller" or the "Company") (OTC Pink: ILLR) (OTC Pink: ILLRW) on behalf of investors that purchased or otherwise acquired Triller securities between October 16, 2024 and December 29, 2025 (the "Class Period").
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If you are an investor in Triller and have suffered losses, you may CLICK HERE to contact us. You may also contact Kaplan Fox by emailing [email protected] or by calling (646) 315-9003.
DEADLINE REMINDER: If you are a member of the proposed Class, you may move the court no later than December 14, 2026 for an opportunity to be lead plaintiff for the purported class. If you have losses we encourage you to contact us to learn more about the lead plaintiff process. You need not seek to become a lead plaintiff in order to share in any possible recovery.
According to the complaint, on October 15, 2024, Triller, formerly known as AGBA Group Holding Limited, completed a merger, including the purported acquisition of Bare Knuckle Fighting Championship ("BKFC").
The complaint alleges that throughout the Class Period, Defendants made false and/or misleading statements and/or failed to disclose that (i) Triller's control over and consolidation of BKFC was tenuous, overstated, and/or non-existent; (ii) Triller could not timely file one or more of its periodic financial reports with the SEC as required by the NASDAQ's listing requirements, in part, because of accounting issues related to the foregoing; (iii) as a result of all the foregoing, Triller was at an increased risk of being delisted from the NASDAQ; and (iv) accordingly, Triller's disclosure controls and procedures were deficient, the full scope and severity of issues with its financial controls were understated, and the overall benefits of the Merger were overstated.
The truth allegedly began to emerge on March 31, 2025 when Triller filed a Form NT 10-K, disclosing its inability to timely file its annual report on Form 10-K for the quarter and year ended December 31, 2024. On this news, the price of Triller stock fell $1.40 per share, or 17.95%, to close at $6.40 per share on April 1, 2025.
Then, on December 30, 2025, according to the complaint, Triller issued a press release confirming the suspension of trading on the Nasdaq Stock Market and delisting of the Company's securities stemming from the Company not having been able to file two periodic reports by a December 24, 2025 deadline. Further, the Company's press release attributed the filing delay "to one remaining technical matter involving the consolidation of accounts for a U.S.-based operation within Triller Group [i.e., BKFC]."
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WHY CONTACT KAPLAN FOX?
Kaplan Fox & Kilsheimer LLP is a nationally recognized law firm focused on complex litigation, with offices in New York, Oakland, Los Angeles, Chicago, and New Jersey. Founded in 1956, the firm has spent more than 50 years prosecuting securities, antitrust, and consumer protection actions in federal and state courts nationwide, recovering more than $10 billion for clients and the classes it has represented.
Kaplan Fox is widely regarded as one of the nation's premier plaintiffs' securities litigation firms and has received recognition from Chambers and Partners, Benchmark Litigation, Super Lawyers, and Lawdragon. Serving as lead or co-lead counsel in many landmark cases, the firm has secured some of the largest recoveries in the history of securities litigation, including a $2.425 billion recovery on behalf of Bank of America shareholders in In re Bank of America—the largest recovery ever obtained for claims under Section 14(a) of the Securities Exchange Act—$800 million recovered for the Arkansas Teacher Retirement System and other pension funds in ATRS v. Allianz Global Investors, and a $475 million settlement in In re Merrill Lynch.
For decades, Kaplan Fox has represented public pension funds, institutional investors, businesses, and individuals in high-stakes litigation. Through its successful advocacy and precedent-setting victories, the firm has helped shape important areas of securities and corporate law while advancing accountability and protecting investor interests.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules. Past results do not guarantee future outcomes.
If you have any questions about this Notice, your rights, or your interests, please contact:
Contacting or submitting information to Kaplan Fox & Kilsheimer LLP does not create an attorney-client relationship, nor an obligation on the part of Kaplan Fox to retain you as a client.
Software stocks are entering the current earnings season with several growth drivers in their favor. Businesses continue to spend on digital transformation, while artificial intelligence (AI) is moving beyond experimentation and becoming an important part of daily operations. Companies are beginning to see practical benefits from generative AI and the emerging wave of agentic AI, which can perform tasks with limited human intervention. Meanwhile, cloud computing, software-as-a-service (SaaS), hybrid work solutions and digital payments continue to support industry growth.
This favorable backdrop suggests that software companies with strong execution and AI exposure could once again outperform analysts’ expectations. Against this setting, Affirm Holdings, Inc. (AFRM - Free Report) , Paylocity Holding Corporation (PCTY - Free Report) , Block, Inc. (XYZ - Free Report) and BILL Holdings, Inc. (BILL - Free Report) stand out as companies with the potential to deliver earnings beats.
What’s Going in Favor of Software Stocks?AI adoption remains a key growth driver for the software industry. Businesses are increasingly using AI-powered tools for voice recognition, infrastructure monitoring, spending management and other essential operations. Demand for collaboration platforms, communication software, telehealth solutions and learning management systems also remains healthy as companies continue to modernize their workplaces and services. The shift toward AI is particularly encouraging for software providers that can demonstrate measurable improvements in productivity and cost savings.
Cloud computing provides another important tailwind. The growing number of Internet of Things (IoT) devices, expanding augmented and virtual reality applications, and wider adoption of 5G networks are increasing the need for scalable cloud-based solutions. Businesses are also investing in remote desktop software, natural language processing tools and productivity platforms. These trends create opportunities for software companies to generate recurring revenues and deepen customer relationships.
Cybersecurity spending is another source of support. As cyberattacks become more frequent and sophisticated, businesses are placing greater emphasis on cloud-native security solutions. Companies are also moving away from traditional hardware-heavy infrastructure toward software-defined systems that offer greater flexibility, easier scaling and potentially lower operating costs. Software providers that help customers address security risks while controlling expenses could benefit from this shift.
The industry's move toward customer-focused platforms is also helping sustain demand. Modern software solutions allow customers to automate routine tasks and manage operations with less manual support from vendors. Flexible, usage-based pricing makes it easier for businesses to adjust spending as their needs change, while subscription models provide software companies with a more predictable revenue stream. These advantages are particularly attractive to small and medium-sized businesses (SMBs), which continue to adopt cloud-based tools to improve efficiency without making large upfront investments.
How to Identify Potential Outperformers?With so many software companies competing for investor attention, identifying those most likely to beat earnings estimates can be challenging. However, our proprietary methodology makes this task simple.
You could narrow down your choices by looking at stocks that have the perfect combination of two key elements — a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold).
Earnings ESP is our proprietary methodology for determining stocks that have the maximum chances of beating estimates in their next earnings announcement. It is the percentage difference between the Most Accurate Estimate and the Zacks Consensus Estimate. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Our research shows that for stocks with this favorable mix of ingredients, the odds of a positive earnings surprise are as high as 70%.
Top BetsAffirm Holdings is slated to report first-quarter fiscal 2027 results on Nov. 5. The company carries a Zacks Rank #3 and has an Earnings ESP of +14.49%. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for first-quarter revenues is pegged at $1.22 billion, which calls for a year-over-year increase of 30.3%. The consensus mark for earnings stands at 35 cents per share, indicating a year-over-year jump of 52.2%.
Affirm is benefiting from the growing adoption of its buy now, pay later solutions among online merchants and consumers. The company is currently available on 80 of the top 250 e-commerce websites, highlighting significant opportunities for further merchant penetration. Expanding relationships with major payment service providers, growing merchant integrations and increasing consumer preference for flexible payment options are expected to support gross merchandise volume growth.
Affirm’s growth prospects are benefiting from increasing adoption of the Affirm Card and expansion into offline commerce. Consumers using the Affirm Card spend approximately twice as much as average Affirm consumers, highlighting the product’s potential to drive higher engagement and transaction volumes.
Paylocity will report first-quarter fiscal 2027 results on Nov. 5. The company carries a Zacks Rank #3 and has an Earnings ESP of +2.07%. The Zacks Consensus Estimate for first-quarter revenues is pegged at $442.4 million, which calls for a year-over-year increase of 8.4%. The consensus mark for earnings stands at $1.93 per share, indicating a 10.3% year-over-year improvement.
Paylocity's integrated human capital management platform remains a key competitive advantage. Its solutions help mid-sized businesses manage payroll, human resources and related processes through a connected platform. Once these tools become part of a customer's daily operations, switching to another provider can be difficult. This creates opportunities for recurring revenues, customer retention and further product adoption.
AI is becoming an increasingly important part of Paylocity's growth strategy. Rather than limiting AI to a stand-alone feature, the company is integrating it into HR, finance and IT workflows. Ignite AI introduces specialized agents across payroll, time management and recruiting, while the Ignite AI Hub helps administrators manage AI adoption. The April 2026 acquisition of Grayscale expanded its AI-powered recruiting automation capabilities, and the July 2026 acquisition of Aidora added AI-native leave management tools. These investments are improving the platform's appeal, increasing customer engagement and creating opportunities for additional revenues.
Block is scheduled to report third-quarter 2026 results on Nov. 3. The company currently carries a Zacks Rank #3 and has an Earnings ESP of +1.67%. The Zacks Consensus Estimate for third-quarter revenues is pegged at $6.63 billion, which calls for a year-over-year increase of 8.4%. The consensus mark for earnings stands at $1.02 per share, indicating a rise of 88.9% from the year-ago quarter’s earnings of 54 cents.
Block's strength lies in its ability to serve both businesses and individual consumers. Square provides merchants with payment processing and business management tools, while Cash App offers consumers a range of financial services. This combination gives Block multiple ways to generate revenues and creates opportunities to cross-sell products across its ecosystem. Greater engagement across both platforms could also improve customer retention and monetization.
The company's growth strategy extends beyond transaction processing. Block continues to invest in technology and partnerships to make its commerce platform more useful to businesses across different industries. Collaborations with Birch Coffee, GOLFTEC and Steak Escape illustrate the platform's adoption across varied business categories. As more businesses join its ecosystem, Block appears well-positioned to sustain healthy growth and potentially outperform earnings expectations.
BILL Holdings is scheduled to report first-quarter fiscal 2027 results on Nov. 5. The company carries a Zacks Rank #3 and has an Earnings ESP of +0.15%. The Zacks Consensus Estimate for first-quarter revenues is pegged at $438.7 million, which calls for a year-over-year increase of 10.9%. The consensus mark for earnings stands at 98 cents per share, indicating a year-over-year rise of 60.7%.
BILL is benefiting from demand among SMBs for simpler ways to manage accounts payable, accounts receivable and other financial operations. Its platform helps businesses automate routine financial tasks, reduce manual work and improve visibility into cash flows. This focus on an essential business function can support customer retention and recurring revenues as more SMBs adopt digital financial tools.
AI is another potential growth driver. BILL is working to make its products easier to use and more automated, with the goal of helping customers complete financial tasks more efficiently. Its offerings include BILL Cash Account, Supplier Payments Plus and BILL W-9 Agent, which support different aspects of business financial management. These innovations could strengthen the company's value proposition and encourage customers to use more of its services.
BILL's balance sheet and ability to generate free cash flow also provide the financial flexibility to invest in product development and expand its platform.
HOUSTON--(BUSINESS WIRE)---- $HESM--Hess Midstream LP (NYSE: HESM) (“Hess Midstream” or the “Company”) today reported third quarter 2026 net income of $179.1 million compared with net income of $175.5 million for the third quarter of 2025. After deduction for noncontrolling interests, net income attributable to Hess Midstream was $99.4 million, or $0.77 basic earnings per Class A share, compared with $0.75 basic earnings per Class A share in the third quarter of 2025. Hess Midstream generated Adjusted EB.
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At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +23.82% per year. These returns cover a period from January 1, 1988 through October 5, 2026. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Zacks may license the Zacks Mutual Fund rating provided herein to third parties, including but not limited to the issuer.
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Third-quarter 2026 GAAP net income of $1.30 per share; operating earnings (non-GAAP) of $1.28 per shareCompany expects to be in top half of 2026 operating EPS guidance range; reaffirms existing operating earnings, credit, dividend, and long-term growth guidance RICHMOND, Va.--(BUSINESS WIRE)--Dominion Energy, Inc. (NYSE: D), today announced unaudited net income determined in accordance with Generally Accepted Accounting Principles (GAAP, or reported earnings) for the three months ended Sept. 30, 2026, of $1.2 billion ($1.30 per share) compared with net income of $1.0 billion ($1.16 per share) for the same period in 2025.
Operating earnings (non-GAAP) for the three months ended Sept. 30, 2026, were $1.1 billion ($1.28 per share), compared to operating earnings of $921 million ($1.06 per share) for the same period in 2025.
Differences between GAAP and operating earnings for the period include gains and losses on nuclear decommissioning trust funds, mark-to-market impact of economic hedging activities, nonregulated asset impairments, and other adjustments. Details of operating earnings as compared to prior periods, business segment results and detailed descriptions of items included in reported earnings but excluded from operating earnings can be found on Schedules 1, 2, 3, and 4 of this release.
Guidance
The company expects to be in the top half of the 2026 operating earnings guidance range of $3.45 to $3.69 per share and reaffirms existing operating earnings, credit, dividend, and long-term growth guidance.
Webcast today
The company will host its third-quarter 2026 earnings call at 11 a.m. ET on Friday, Oct. 30, 2026. Management will discuss matters of interest to financial and other stakeholders including recent financial results.
A live webcast of the conference call, including accompanying slides and other financial information, will be available on the investor information pages at investors.dominionenergy.com.
For individuals who prefer to join via telephone, domestic callers should dial 1-833-309-3473 and international callers should dial 1-785-838-9251. The conference ID for the telephonic earnings call is DOMINION. Participants should dial in 10 to 15 minutes prior to the scheduled start time.
A replay of the webcast will be available on the investor information pages by the end of the day October 30. A telephonic replay of the earnings call will be available beginning at about 2 p.m. ET on October 30. Domestic callers may access the recording by dialing 1-800-757-4768. International callers should dial 1-402-220-7227. The passcode for the replay is 17292.
Important note to investors regarding operating, reported earnings
Dominion Energy uses operating earnings (non-GAAP) as the primary performance measurement of its results for public communications with analysts and investors. Operating earnings are defined as reported earnings adjusted for certain items. Dominion Energy also uses operating earnings internally for budgeting, for reporting to the Board of Directors, for the company’s incentive compensation plans, and for its targeted dividend payouts and other purposes. Dominion Energy management believes operating earnings provide a more meaningful representation of the company’s fundamental earnings power. In providing its operating earnings guidance, the company notes that there could be differences between expected reported earnings and estimated operating earnings for matters such as, but not limited to, the mark-to-market impact of economic hedging activities, gains and losses on nuclear decommissioning trust funds, market-related impacts on pension and other postretirement benefit plans, acquisitions, divestitures, or extreme weather events and other natural disasters. At this time, Dominion Energy management is not able to estimate the aggregate impact of these items on future period reported earnings. Accordingly, Dominion Energy is not able to provide a corresponding GAAP equivalent for its operating earnings guidance.
About Dominion Energy
Dominion Energy (NYSE: D), headquartered in Richmond, Va., provides regulated electricity service to 3.6 million homes and businesses in Virginia, North Carolina, and South Carolina, and regulated natural gas service to 500,000 customers in South Carolina. The company is one of the nation’s leading developers and operators of regulated offshore wind and solar power and the largest producer of carbon-free electricity in New England. The company’s mission is to provide the reliable, affordable, and increasingly clean energy that powers its customers every day. Please visit DominionEnergy.com to learn more.
This release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that are subject to various risks and uncertainties. Factors that could cause actual results to differ include, but are not limited to: risks and uncertainties that may impact the ability of the parties to complete the proposed merger with NextEra Energy at all, or within the anticipated terms and time frames, including the ability to obtain applicable regulatory approvals and any associated terms and conditions of such approvals and any other events or changes in circumstances that could give rise to the termination of the merger agreement by either party; the impacts of the proposed merger with NextEra Energy, including certain covenants in the merger agreement, and any related uncertainties and disruptions on Dominion Energy’s business, including on its ability to hire and retain employees and/or on its relationships with regulators and other governmental agencies, customers, suppliers, vendors and/or other third parties; unusual weather conditions and their effect on energy sales to customers and energy commodity prices; extreme weather events and other natural disasters; extraordinary external events, such as the pandemic health event resulting from COVID-19; federal, state and local legislative and regulatory developments; changes in or interpretations of federal and state tax laws and regulations; changes to regulated rates collected by Dominion Energy; changes in rules for RTOs and ISOs in which Dominion Energy joins and/or participates; risks associated with entities in which Dominion Energy shares ownership with third parties, such as a 50% noncontrolling interest in the Coastal Virginia Offshore Wind (CVOW) commercial project, including risks that result from lack of sole decision making authority, disputes that may arise between Dominion Energy and third-party participants and difficulties in exiting these arrangements; timing and receipt of regulatory approvals necessary for planned construction or expansion projects and compliance with conditions associated with such regulatory approvals; the inability to complete planned construction projects within time frames initially anticipated; risks and uncertainties that may impact the ability to construct the CVOW commercial project within the currently proposed timeline, or at all, and consistent with current cost estimates along with the ability to recover such costs from customers; risks and uncertainties associated with the timely receipt of future capital contributions, including optional capital contributions, if any, from the noncontrolling financing partner associated with the construction of the CVOW commercial project; changes to federal, state, and local environmental laws and regulations, including those related to climate change; cost of environmental strategy and compliance, including cost related to climate change; changes in implementation and enforcement practices of regulators relating to environmental standards and litigation exposure for remedial activities; unplanned outages at facilities in which Dominion Energy has an ownership interest; risks associated with the operation of nuclear facilities; changes in operating, maintenance or construction costs; the availability of nuclear fuel, natural gas, purchased power or other materials utilized by Dominion Energy to provide electric generation, transmission and distribution and/or gas distribution services; additional competition in Dominion Energy’s industries; changes in technology; changes in demand for Dominion Energy’s services; risks and uncertainties associated with increased energy demand or significant accelerated growth in demand due to new data centers, including the concentration of data centers primarily in Loudoun County, Va., and the ability to obtain regulatory approvals, environmental and other permits to construct new facilities in a timely manner; the technological and economic feasibility of large-scale battery storage, carbon capture and storage, small modular reactors, hydrogen, and/or other clean energy technologies; receipt of approvals for, and timing of, closing dates for acquisitions and divestitures; impacts of acquisitions, divestitures, transfers of assets by Dominion Energy to joint ventures, or retirements of assets based on asset portfolio reviews; adverse outcomes in litigation matters or regulatory proceedings; counterparty credit and performance risk; fluctuations in energy-related commodity prices; fluctuations in interest rates; changes in rating agency requirements or credit ratings and their effect on availability and cost of capital; capital market conditions, including the availability of credit and the ability to obtain financing on reasonable terms; and political and economic conditions, including tariffs, inflation and deflation. Other risk factors are detailed from time to time in Dominion Energy’s quarterly reports on Form 10-Q and most recent annual report on Form 10-K filed with the U.S. Securities and Exchange Commission.
News Category: Corporate & Financial
Consolidated Statements of Income (GAAP)
Dominion Energy, Inc.
Consolidated Statements of Income *
Unaudited (GAAP Based)
Three Months Ended
Nine Months Ended
September 30,
September 30,
(millions, except per share amounts)
2026
2025
2026
2025
Operating Revenue
$
5,617
$
4,527
$
15,116
$
12,413
Operating Expenses
Electric fuel and other energy-related purchases
1,603
1,337
4,524
3,245
Purchased electric capacity
106
36
255
63
Purchased gas
40
31
236
221
Other operations and maintenance(1)
1,089
980
3,917
2,857
Depreciation and amortization
722
609
1,968
1,771
Other taxes
215
195
653
598
Total operating expenses
3,775
3,188
11,553
8,755
Income (loss) from operations
1,842
1,339
3,563
3,658
Other income (expense)
271
432
952
884
Interest and related charges
623
527
1,739
1,513
Income (loss) from continuing operations including noncontrolling interests before income tax expense (benefit)
1,490
1,244
2,776
3,029
Income tax expense (benefit)
215
216
385
476
Net Income (loss) from continuing operations
1,275
1,028
2,391
2,553
Net Income (loss) from discontinued operations
(1
)
-
(3
)
-
Net Income (loss) including noncontrolling interests
1,274
1,028
2,388
2,553
Noncontrolling interests
114
22
267
122
Net Income (loss) attributable to Dominion Energy
$
1,160
$
1,006
$
2,121
$
2,431
Amounts attributable to Dominion Energy
Net Income (loss) from continuing operations
$
1,161
$
1,006
$
2,124
$
2,431
Net Income (loss) from discontinued operations
(1
)
-
(3
)
-
Net Income (loss) attributable to Dominion Energy
$
1,160
$
1,006
$
2,121
$
2,431
Reported Income (loss) per common share from continuing operations - diluted
$
1.30
$
1.16
$
2.37
$
2.81
Reported Income (loss) per common share from discontinued operations - diluted
-
-
-
-
Reported Income (loss) per common share - diluted
$
1.30
$
1.16
$
2.37
$
2.81
Average shares outstanding, diluted
882.1
855.4
881.4
853.6
Schedule 1 - Segment Reported and Operating Earnings
Unaudited
Three Months Ended September 30,
Nine Months Ended September 30,
(millions, except per share amounts)
2026
2025
Change
2026
2025
Change
REPORTED EARNINGS(1)
$
1,160
$
1,006
$
154
$
2,121
$
2,431
$
(310
)
Pre-tax loss (income)(2)
(37
)
(146
)
109
661
(146
)
807
Income tax(2)
16
61
(45
)
(84
)
88
(172
)
Adjustments to reported earnings
(21
)
(85
)
64
577
(58
)
635
OPERATING EARNINGS (non-GAAP)
$
1,139
$
921
$
218
$
2,698
$
2,373
$
325
By segment:
Dominion Energy Virginia
$
862
$
679
$
183
$
2,202
$
1,789
$
413
Dominion Energy South Carolina
230
168
62
461
429
32
Contracted Energy
134
165
(31
)
284
321
(37
)
Corporate and Other
(87
)
(91
)
4
(249
)
(166
)
(83
)
$
1,139
$
921
$
218
$
2,698
$
2,373
$
325
Earnings Per Share (EPS)(3):
REPORTED EARNINGS(1)
$
1.30
$
1.16
$
0.14
$
2.37
$
2.81
$
(0.44
)
Adjustments to reported earnings (after-tax)
(0.02
)
(0.10
)
0.08
0.65
(0.07
)
0.72
OPERATING EARNINGS (non-GAAP)
$
1.28
$
1.06
$
0.22
$
3.02
$
2.74
$
0.28
By segment:
Dominion Energy Virginia
$
0.98
$
0.79
$
0.19
$
2.51
$
2.10
$
0.41
Dominion Energy South Carolina
0.26
0.20
0.06
0.52
0.50
0.02
Contracted Energy
0.15
0.19
(0.04
)
0.32
0.38
(0.06
)
Corporate and Other
(0.11
)
(0.12
)
0.01
(0.33
)
(0.24
)
(0.09
)
$
1.28
$
1.06
$
0.22
$
3.02
$
2.74
$
0.28
Common Shares Outstanding (average, diluted)
882.1
855.4
881.4
853.6
Schedule 2 - Reconciliation of 2026 Reported Earnings to Operating Earnings
2026 Earnings (Nine Months Ended September 30, 2026)
The $661 million pre-tax net loss of the adjustments included in 2026 reported earnings, but excluded from operating earnings, is primarily related to the following items:
$315 million net market benefit primarily associated with $438 million from nuclear decommissioning trusts (NDT) offset by $123 million in economic hedging activities. $95 million of regulated asset retirements and other charges (benefits) primarily due to a net charge associated with Virginia Power’s share of costs not expected to be recovered from customers on the Coastal Virginia Offshore Wind (CVOW) Commercial project. $719 million of nonregulated asset impairments and other charges (benefits) primarily due to an $820 million charge associated with nonregulated renewable natural gas facilities and a $79 million charge associated with certain nonregulated solar generation facilities offset by a $195 million benefit related to the revision of asset retirement obligations at Millstone nuclear power station. (millions, except per share amounts)
1Q26
2Q26
3Q26
4Q26
YTD 2026(4)
Reported earnings
$
621
$
340
$
1,160
$
2,121
Adjustments to reported earnings(1):
Pre-tax loss (income)
335
363
(37
)
661
Income tax (benefit)
(109
)
9
16
(84
)
226
372
(21
)
-
577
Operating earnings (non-GAAP)
$
847
$
712
$
1,139
$
-
$
2,698
Common shares outstanding (average, diluted)
880.1
882.1
882.1
881.4
Reported earnings per share(2)
$
0.69
$
0.37
$
1.30
$
2.37
Adjustments to reported earnings per share(2)
0.26
0.42
(0.02
)
0.65
Operating earnings (non-GAAP) per share(2)
$
0.95
$
0.79
$
1.28
$
-
$
3.02
(1) Adjustments to reported earnings are reflected in the following table:
1Q26
2Q26
3Q26
4Q26
YTD 2026
Pre-tax loss (income):
Net loss (gain) on NDT funds
$
154
$
(495
)
$
(97
)
$
(438
)
Mark-to-market impact of economic hedging activities
40
69
14
123
Merger related costs
-
13
26
39
Discontinued operations
1
1
2
4
DEV severe weather impacts
120
(4
)
3
119
Regulated asset retirements and other charges (benefits)
(58
)
153
-
95
Nonregulated asset impairments and other charges (benefits)
78
626
15
719
$
335
$
363
$
(37
)
$
-
$
661
Income tax expense (benefit):
Tax effect of above adjustments to reported earnings(3)
(109
)
9
16
(84
)
$
(109
)
$
9
$
16
$
-
$
(84
)
Schedule 3 - Reconciliation of 2025 Reported Earnings to Operating Earnings
2025 Earnings (Twelve Months Ended December 31, 2025)
The $112 million pre-tax net income of the adjustments included in 2025 reported earnings, but excluded from operating earnings, is primarily related to the following items:
$485 million net market benefit primarily associated with $507 million from nuclear decommissioning trusts (NDT) and $131 million on pension and other postretirement benefit (OPEB) plans offset by $153 million in economic hedging activities. $258 million of regulated asset retirements and other charges primarily associated with Virginia Power’s share of costs not expected to be recovered from customers on the Coastal Virginia Offshore Wind (CVOW) Commercial project. (millions, except per share amounts)
1Q25
2Q25
3Q25
4Q25
YTD 2025(4)
Reported earnings
$
665
$
760
$
1,006
$
567
$
2,998
Adjustments to reported earnings(1):
Pre-tax loss (income)
217
(217
)
(146
)
34
(112
)
Income tax (benefit)
(79
)
106
61
(8
)
80
138
(111
)
(85
)
26
(32
)
Operating earnings (non-GAAP)
$
803
$
649
$
921
$
593
$
2,966
Common shares outstanding (average, diluted)
852.2
853.2
855.4
860.4
855.3
Reported earnings per share(2)
$
0.77
$
0.88
$
1.16
$
0.65
$
3.45
Adjustments to reported earnings per share(2)
0.16
(0.13
)
(0.10
)
0.03
(0.03
)
Operating earnings (non-GAAP) per share(2)
$
0.93
$
0.75
$
1.06
$
0.68
$
3.42
(1) Adjustments to reported earnings are reflected in the following table:
1Q25
2Q25
3Q25
4Q25
YTD 2025
Pre-tax loss (income):
Net loss (gain) on NDT funds
$
133
$
(289
)
$
(259
)
$
(92
)
$
(507
)
Mark-to-market of pension and OPEB plans
-
-
-
(131
)
(131
)
Mark-to-market impact of economic hedging activities
(22
)
21
47
107
153
Discontinued operations
1
2
2
4
9
DEV severe weather impacts
82
24
-
-
106
Regulated asset retirements and other charges
23
25
64
146
258
$
217
$
(217
)
$
(146
)
$
34
$
(112
)
Income tax expense (benefit):
Tax effect of above adjustments to reported earnings(3)
(79
)
106
61
(8
)
80
$
(79
)
$
106
$
61
$
(8
)
$
80
Schedule 4 - Reconciliation of 3Q26 Earnings to 3Q25
Preliminary, Unaudited
Three Months Ended
Nine Months Ended
September 30,
September 30,
2026 vs. 2025
2026 vs. 2025
(millions, except per share amounts)
Increase / (Decrease)
Increase / (Decrease)
Reconciling Items
Amount
EPS
Amount
EPS
Change in reported earnings (GAAP)
$
154
$
0.14
$
(310
)
$
(0.44
)
Change in Pre-tax loss (income)(1)
109
0.13
807
0.92
Change in Income tax(1)
(45
)
(0.05
)
(172
)
(0.20
)
Adjustments to reported earnings
$
64
$
0.08
$
635
$
0.72
Change in consolidated operating earnings (non-GAAP)
$
218
$
0.22
$
325
$
0.28
Dominion Energy Virginia
Weather
$
55
$
0.06
$
84
$
0.10
Customer usage and other factors
19
0.02
44
0.05
2025 Biennial Review impacts(2)
137
0.16
347
0.41
Rider equity return
112
0.13
275
0.32
Electric capacity expense
(48
)
(0.06
)
(124
)
(0.15
)
Storm damage and service restoration
(16
)
(0.02
)
(30
)
(0.04
)
Planned outage costs
(6
)
(0.01
)
(18
)
(0.02
)
Nuclear production tax credits
(17
)
(0.02
)
(48
)
(0.06
)
Depreciation and amortization
(16
)
(0.02
)
(36
)
(0.04
)
Salaries, wages, and benefits & administrative costs
(33
)
(0.04
)
(81
)
(0.09
)
Interest expense, net
(12
)
(0.01
)
(5
)
(0.01
)
Other
8
0.03
5
0.02
Share dilution
-
(0.03
)
-
(0.08
)
Change in contribution to operating earnings
$
183
$
0.19
$
413
$
0.41
Dominion Energy South Carolina
Weather
$
36
$
0.04
$
31
$
0.04
Customer usage and other factors
19
0.02
42
0.05
Customer-elected rate impacts
1
-
(1
)
-
Base & RSA rate case impacts
46
0.05
59
0.07
Capital cost rider
(1
)
-
(5
)
(0.01
)
Depreciation and amortization
(16
)
(0.02
)
(29
)
(0.03
)
Salaries, wages, and benefits & administrative costs
(3
)
-
(3
)
-
Interest expense, net
(7
)
(0.01
)
(11
)
(0.01
)
Other
(13
)
(0.01
)
(51
)
(0.07
)
Share dilution
-
(0.01
)
-
(0.02
)
Change in contribution to operating earnings
$
62
$
0.06
$
32
$
0.02
Contracted Energy
Margin
$
22
$
0.03
$
100
$
0.12
Planned Millstone outages(3)
3
-
7
0.01
Unplanned Millstone outages(3)
(2
)
-
(5
)
(0.01
)
Depreciation and amortization
(7
)
(0.01
)
(39
)
(0.05
)
Salaries, wages, and benefits & administrative costs
(3
)
-
(11
)
(0.01
)
Interest expense, net
(10
)
(0.01
)
(41
)
(0.05
)
Renewable energy investment tax credits
(43
)
(0.05
)
(33
)
(0.04
)
Renewable energy production tax credits(4)
36
0.04
57
0.07
Other
(27
)
(0.04
)
(72
)
(0.09
)
Share dilution
-
-
-
(0.01
)
Change in contribution to operating earnings
$
(31
)
$
(0.04
)
$
(37
)
$
(0.06
)
Corporate and Other
Interest expense, net
$
(19
)
$
(0.02
)
$
(115
)
$
(0.14
)
Equity method investments
2
-
7
0.01
Pension and other postretirement benefit plans
4
-
15
0.02
Corporate service company costs
(2
)
-
(4
)
-
Other
19
0.03
14
0.01
Share dilution
-
-
-
0.01
Change in contribution to operating earnings
$
4
$
0.01
$
(83
)
$
(0.09
)
Change in consolidated operating earnings (non-GAAP)
$
218
$
0.22
$
325
$
0.28
Change in adjustments included in reported earnings(1)
New York, New York--(Newsfile Corp. - October 30, 2026) - Rosen Law Firm, a global investor rights law firm, announces an investigation of potential breaches of fiduciary duties by the directors and officers of Monolithic Power Systems, Inc. (NASDAQ: MPWR).
If you currently own shares of Monolithic Power stock, please visit the firm's website at https://rosenlegal.com/cases/monolithic-power-systems-inc/join for more information. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at [email protected].
Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered billions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
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NEW YORK, Oct. 30, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Six Flags Entertainment Corporation (NYSE:FUN) for potential securities fraud after its significant stock drop.
If you invested in Six Flags securities, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/six-flags-class-action-lawsuit.
Key Details of the Six Flags ($FUN) Class Action Investigation:
Investigation Overview: Securities fraud relating to Six Flags’ statements about its focus on safety, maintenance, and ride reliability.Stock Decline: October 13, 2026 – 14.4% Stock DropAction: Contact BFA Law to discuss your rights Why is Six Flags Being Investigated for Securities Fraud?
Six Flags is the largest regional amusement resort operator in North America, with 20 amusement parks, 14 water parks and nine resort properties in the U.S., Canada, and Mexico.
BFA is investigating whether Six Flags misled investors about its focus on safety, maintenance, and ride reliability.
Why did Six Flags’ Stock Drop?
On October 12-13, 2026, various news outlets reported that a man died and several others were injured aboard Six Flags’ Goliath roller coaster in Georgia. After the fatal incident, Six Flags announced the temporary closure of 10 roller coasters, including Goliath, across various amusement parks.
Following the news, Six Flags shares fell approximately 14.4% on October 13, 2026.
Click here for more information: https://www.bfalaw.com/cases/six-flags-class-action-lawsuit.
What Can You Do?
If you invested in Six Flags securities, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “Super Lawyers” by Thomson Reuters.
Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”
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For more information about BFA and its attorneys, please visit https://www.bfalaw.com.
Exclusive licensing agreement with Elegen and acquisition of SynPlexity strengthen gene synthesis capabilities, expand high-throughput discovery workflows, and position GENEWIZ for long-term growth
, /PRNewswire/ -- Azenta, Inc. (Nasdaq: AZTA) today announced strategic investments to advance the next phase of growth for its GENEWIZ business. Building on its trusted brand, scientific expertise, global commercial engine, and operational infrastructure, Azenta is expanding its capabilities through an exclusive licensing agreement with Elegen Corp., a developer of advanced cell-free DNA manufacturing technology, and the acquisition of SynPlexity Inc., a synthetic biology company providing high-throughput gene libraries for biological discovery.
The license agreement with Elegen brings into the GENEWIZ portfolio an innovative cell-free DNA synthesis platform designed to improve DNA quality, delivery speed, and manufacturing scalability. Its capabilities include sequence-verified DNA constructs and templates to simplify preparation for downstream experiments, including antibody discovery. The compact production workflows also enable regional capacity to be added close to customers to respond to demand as needed.
Azenta has also acquired SynPlexity, adding pooled gene assembly technology that provides thousands of full-length gene variants in a single library. These capabilities address the increasing scale of biological design by enabling researchers to efficiently build and test large numbers of candidates, including AI-generated designs.
"These strategic investments strengthen the competitive position of GENEWIZ by expanding the products and capabilities we can bring to customers and are key to accelerating our growth," said Trey Martin, President, Multiomics at Azenta. "By combining these advanced technologies with our global infrastructure and existing gene-to-antibody portfolio, we are building a differentiated platform poised to accelerate the next era of biologics discovery and development."
Since its founding in New Jersey in 1999, GENEWIZ has built a global sequencing and gene synthesis business grounded in scientific expertise, customer focus, and operational excellence. These investments complement and extend that foundation into higher-growth applications across synthetic biology, protein engineering, and AI-enabled drug discovery.
Additional details will be provided during Azenta's fourth quarter fiscal 2026 earnings call.
About Azenta Life Sciences
Azenta, Inc. (Nasdaq: AZTA) is a leading provider of life sciences solutions worldwide, enabling life science organizations around the world to bring impactful breakthroughs and therapies to market faster. Azenta provides a full suite of reliable cold-chain sample management solutions and multiomics services across areas such as drug development, clinical research and advanced cell therapies for the industry's top pharmaceutical, biotech, academic and healthcare institutions globally. Our global team delivers and supports these products and services through our industry-leading brands, including GENEWIZ, FluidX, Ziath, 4titude, Limfinity, Freezer Pro, and Barkey.
Azenta is headquartered in Burlington, MA, with operations in North America, Europe and Asia. For more information, please visit www.azenta.com
About Elegen
Elegen uses proprietary cell-free technologies to build longer, higher-quality DNA on a faster timeline for agricultural, chemical, healthcare, and pharma industries.
About SynPlexity
SynPlexity is a DNA assembly technology company providing products and services centered on large, multiplexed libraries for functional screening, drug discovery, therapeutics, and other applications.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding Azenta's plans to develop, integrate, manufacture and commercialize products using the licensed and acquired technologies and the anticipated benefits of the transactions, including expected improvements in gene synthesis capabilities, expansion of the GENEWIZ offerings and markets, customer adoption and demand, and financial, operational and strategic benefits. Actual results could differ materially from those expressed or implied due to risks and uncertainties, including Azenta's ability to transfer, validate, integrate and scale the technologies, achieve expected technical and commercial performance, protect relevant intellectual property and realize the anticipated benefits, as well as the risks described under "Risk Factors" in Azenta's Annual Report on Form 10-K for the fiscal year ended September 30, 2025, as updated or supplemented by subsequent Quarterly Reports on Form 10-Q and other filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date made, and Azenta undertakes no obligation to update them except as required by law.
INVESTOR CONTACT for Azenta Life Sciences:
Yvonne Perron
Vice President, Financial Planning & Analysis, and Investor Relations
[email protected]
Maria Isabel Cuartas
Manager, Investor Relations
[email protected]
MarketBeat Week in Review – 10/19 - 10/23Hyatt Hotels NYSE: H reported third-quarter results marked by stronger-than-expected system-wide RevPAR growth, higher fees and a record development pipeline, while management acknowledged continuing demand pressure in Mexico and the Middle East.
System-wide comparable RevPAR rose 7.2% year over year on a constant-currency basis, exceeding the company’s expectations. Hyatt Chairman, President and Chief Executive Officer Mark Hoplamazian said the increase was driven primarily by demand from high-end travelers, continued luxury portfolio strength, and some benefit from the FIFA World Cup in July and the timing of Jewish holidays in September.
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Halliburton Gains Traction: Multiyear Upcycle AheadAverage daily rates increased across all brand categories and accounted for nearly 80% of RevPAR growth, according to Hyatt. The company said it gained 100 basis points of market share year to date, supported by gains in average-rate index.
U.S., International Demand and Segment Trends U.S. RevPAR increased 8.2% in the quarter, including an estimated 50-basis-point benefit from the FIFA World Cup. Select-service hotel RevPAR rose 6.8%, which Hyatt attributed to stronger business-transient demand and easier comparisons with the prior year.
4 Stocks With Demand So Sticky That the AI Sell-Off Barely Touched Them at AllBusiness-transient RevPAR grew about 1% during the quarter, though growth accelerated to more than 4% in September. Group RevPAR rose 8%, aided in part by FIFA-related demand and the holiday-calendar shift. Leisure-transient RevPAR increased about 10%, led again by luxury hotels and resorts.
Outside the U.S., RevPAR rose nearly 6%. Asia Pacific excluding Greater China posted growth of more than 10%, while Greater China RevPAR increased 2.1%. Europe RevPAR rose 4.3%, and Americas RevPAR excluding the U.S. climbed 9.2%, supported by Caribbean resort demand.
The Middle East was a notable exception, with RevPAR declining 3% as strong domestic travel partly offset a 40% drop in international inbound travel. Hyatt expects fourth-quarter results in the region to be weaker because of seasonality and the ongoing geopolitical conflict.
Hyatt’s all-inclusive portfolio faced continued pressure in Cancun, where demand declined by more than 10%. Net Package RevPAR for the all-inclusive business fell 2.5%, though strong demand in the Caribbean and other areas of Mexico helped offset the weakness. Chief Financial Officer Joan Bottarini said Hyatt’s Cancun all-inclusive resorts gained 400 basis points of market share year to date despite the disruption.
Fees, EBITDA and Capital Returns Gross fees increased 15.2% to $327 million, ahead of Hyatt’s expectations. The company cited managed-hotel performance, new hotel openings, new management agreements from the Playa portfolio, and the timing of non-RevPAR fees.
Adjusted EBITDA rose more than 19% year over year after adjusting for asset sales. Hyatt’s distribution segment, however, declined from the prior year and fell short of expectations as Mexico demand and lower flight capacity were weaker than anticipated. The business also continued to be affected by softer demand for four-star properties.
As of Sept. 30, Hyatt had approximately $1.8 billion of total liquidity, including $1.3 billion of available revolving-credit capacity. During the quarter, the company returned about $161 million to shareholders through dividends and share repurchases, bringing year-to-date capital returns to $336 million. Hyatt had about $1.4 billion remaining under its repurchase authorization.
Outlook Raised Despite Regional Headwinds Hyatt raised its full-year system-wide RevPAR growth outlook to 5% to 5.5%, including expected U.S. RevPAR growth of 5% to 6%. It expects international RevPAR growth to be slightly below the U.S. rate for the year.
Full-year net rooms growth is expected to be about 6%. Gross fees are projected to increase 10% to 11%, or to $1.32 billion to $1.335 billion. Adjusted EBITDA is expected to rise 14% to 17%, reaching $1.17 billion to $1.20 billion. Adjusted free cash flow guidance was maintained at $580 million to $630 million. Full-year shareholder capital returns are now expected to total $375 million to $425 million. Bottarini said the company expects approximately $30 million of full-year fee pressure from Mexico and the Middle East relative to its original fourth-quarter guidance, while the combined impact to EBITDA from those issues and the distribution business totals about $60 million. Hyatt also previously identified a $15 million headwind tied to hotel closures in Jamaica. Management currently expects those hotels to reopen in late first quarter or early second quarter of 2027.
Looking toward 2027, Hyatt said booking trends at Americas all-inclusive resorts are up in the high single digits for the first quarter, while air capacity into Cancun is improving. The company also cited a recovery in airlift to Jamaica and continued strength in the Dominican Republic.
Pipeline Reaches Record Level Hyatt ended the quarter with a record development pipeline of about 158,000 rooms, up 12% from a year earlier. Year-to-date signings increased 70%, while construction starts rose more than 40%.
Third-quarter net rooms growth was 3.9%, excluding rooms from the Playa Hotels acquisition that were removed from Hyatt’s room count in the fourth quarter of 2025. Openings included Thompson Seville in Spain and Hyatt Vivid Punta Cana. Hyatt opened 14 upper-midscale hotels during the quarter and expects more than half of its annual openings to occur in the fourth quarter.
Hoplamazian said Hyatt’s newer upper-midscale brands—Hyatt Studios, Hyatt Select and Unscripted by Hyatt—have more than 150 hotels in the pipeline. More than half of U.S. signings for Hyatt’s Essentials brands during the quarter were in markets new to the company.
Management also discussed technology investments intended to accelerate conversions. Hoplamazian said Hyatt has used artificial intelligence to reduce the turnaround time for conversion property-improvement plans from several weeks to one day, and is developing an end-to-end platform spanning deal sourcing through hotel ramp-up.
Hyatt continues to pursue asset sales, including the Hyatt Grand Central New York, while seeking to retain long-term management or franchise agreements. The company also said it expects its recently announced loyalty collaboration with Delta Air Lines to create dual-earning opportunities for customers, with further details expected when Hyatt reports fourth-quarter results.
About Hyatt Hotels (NYSE:H)Hyatt Hotels Corporation is a global hospitality company that develops, owns, manages, franchises and licenses hotels, resorts, vacation properties and other lodging-related businesses. Its portfolio serves business and leisure travelers across full-service, select-service, luxury, lifestyle, wellness, all-inclusive and extended-stay segments.
The company operates a broad collection of brands, including Park Hyatt, Grand Hyatt, Hyatt Regency, Andaz, Thompson Hotels, Hyatt Centric, Hyatt Place, Hyatt House, Miraval, Alila, Destination by Hyatt and The Unbound Collection by Hyatt.
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].
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Scott Watson named senior vice president and group president, Industrial Technologies and Services North America and EMEIA; Shaun Carlson named senior vice president and group president, Precision and Science Technologies segment Appointments are internal promotions, reflecting the depth of Ingersoll Rand’s leadership bench and the company’s commitment to developing leaders from within Mike Weatherred to retire; will serve in an advisory role through May 2028 Thoughtful succession planning supports continuity as the company advances its growth strategy to deliver global end-to-end solutions Board approves new employment agreement with Chairman and Chief Executive Officer Vicente Reynal DAVIDSON, N.C.--(BUSINESS WIRE)--Ingersoll Rand Inc. (NYSE: IR), a global provider of mission-critical flow creation and life science and industrial solutions, today announced leadership appointments that reflect the scale of its businesses and position the company for its next phase of growth.
“These appointments reflect the growth of our businesses and the depth of our leadership talent across Ingersoll Rand." -Vicente Reynal, Ingersoll Rand Chairman and CEO
Share Scott Watson has been named senior vice president and group president, Industrial Technologies and Services (IT&S) North America and EMEIA, and Shaun Carlson has been named senior vice president and group president, Precision and Science Technologies (P&ST) segment. Both leaders will report to Vicente Reynal, chairman and chief executive officer.
The company’s businesses have grown significantly in scale and complexity, driven in part by more than 80 acquisitions completed since 2020. That growth has created one of the broadest portfolios of mission-critical technologies backed by a global footprint. These appointments sharpen accountability for commercial execution and operating performance, and position the company to bring the full breadth of its portfolio to customers through end-to-end solutions.
Watson has led the Life Science Technologies platform, transforming it into a growth business. He brings more than 20 years of leadership experience across the life sciences and industrial sectors, including time at McKinsey & Company and in senior roles leading sourcing, manufacturing, and supply chain organizations.
Carlson has led the Precision Technologies platform, where he has driven greater discipline, focus, and execution rigor while strengthening the foundation for long-term growth. He has more than 20 years of commercial and operational leadership experience, including nearly a decade at Dover Corporation, a global industrial manufacturer.
The appointments follow the planned retirement of Mike Weatherred, senior vice president, Precision and Science Technologies segment, Demand Generation, and Execution. Weatherred will support the transition of his responsibilities and then serve in an advisory role, supporting commercial and other projects through May 2028. Ingersoll Rand Execution Excellence (IRX), the company’s process for driving high performance, has become deeply embedded across the organization. Together with the company’s ownership mindset, IRX has been foundational to Ingersoll Rand’s success and will remain central to how the company operates in the new structure.
“These appointments reflect the growth of our businesses and the depth of our leadership talent across Ingersoll Rand,” said Reynal. “Scott and Shaun are proven operators who have delivered results, and their leadership in these roles will position us to move faster, execute with greater focus, and better serve our customers. I want to thank Mike for his many contributions to Ingersoll Rand, and we are fortunate to continue to benefit from his counsel.”
In addition, the Board of Directors has approved a new employment agreement with Reynal, extending his leadership and reinforcing the Board’s confidence in the company’s long-term direction.
“Vicente has built a great company,” said William P. Donnelly, lead independent director of Ingersoll Rand. “In his nearly 10 years as CEO, he has assembled a strong portfolio of businesses, developed a deep bench of leaders, and created a culture where every employee thinks and acts like an owner. The Board and Vicente share an ambitious vision for what Ingersoll Rand can become, and we are excited to have him lead the company into its next phase of growth.”
About Ingersoll Rand Inc.
Ingersoll Rand Inc. (NYSE: IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to Making Life Better for our employees, customers, shareholders, and planet. Customers lean on us for exceptional performance and durability in mission‑critical flow creation and life science and industrial solutions. Supported by over 80 respected brands, our products and services excel in the most complex and harsh conditions. For more information, visit IRCO.com.
Forward-Looking Statements
This news release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements related to the expectations of Ingersoll Rand Inc. (the “Company” or “Ingersoll Rand”), regarding the performance of its business, its financial results, its liquidity and capital resources and other non-historical statements. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “forecast,” “outlook,” “target,” “endeavor,” “seek,” “predict,” “intend,” “strategy,” “plan,” “may,” “could,” “should,” “will,” “would,” “will be,” “on track to,” “will continue,” “will likely result,” “guidance” or the negative thereof or variations thereon or similar terminology generally intended to identify forward-looking statements. All statements other than historical facts are forward-looking statements.
These forward-looking statements are based on Ingersoll Rand’s current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from these current expectations. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. The inclusion of such statements should not be regarded as a representation that such plans, estimates, or expectations will be achieved. Important factors that could cause actual results to differ materially from such plans, estimates or expectations include, among others, (1) adverse impact on our operations and financial performance due to geopolitical tensions, natural disaster, catastrophe, cyber events, or other events outside of our control; (2) unexpected costs, charges, or expenses resulting from completed and proposed business combinations; (3) uncertainty of the expected financial performance of the Company; (4) failure to realize the anticipated benefits of completed and proposed business combinations; (5) the ability of the Company to implement its business strategy; (6) difficulties and delays in achieving revenue and cost synergies; (7) inability of the Company to retain and hire key personnel; (8) evolving legal, regulatory, and tax regimes; (9) changes in general economic and/or industry specific conditions; (10) actions by third parties, including government agencies; and (11) other risk factors detailed in Ingersoll Rand’s most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”), as such factors may be updated from time to time in its periodic filings with the SEC, which are available on the SEC’s website at http://www.sec.gov. The foregoing list of important factors is not exclusive.
Any forward-looking statements speak only as of the date of this release. Ingersoll Rand undertakes no obligation to update any forward-looking statements, whether as a result of new information or developments, future events or otherwise, except as required by law. Readers are cautioned not to place undue reliance on any of these forward-looking statements.
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.
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TL;DR: Kamino has launched a dedicated Backpack Market on Solana allowing eligible users to post selected Backpack Securities tokenized equities as collateral for USDC borrowing. For Solana DeFi, the new market is a concrete example of tokenization gaining a use beyond holding or trading a representation of a stock.
Kamino has launched a dedicated Backpack Market on Solana allowing eligible users to post selected Backpack Securities tokenized equities as collateral for USDC borrowing. The initial group covers tokens referencing Micron, SK Hynix, SpaceX and SanDisk. The assets are represented as backed one-to-one by securities or security entitlements within Backpack’s regulated structure, while the lending terms are managed by Kamino’s market mechanism and risk curator Allez Labs. The announcement provides a new use for tokenized investment exposure, but it does not turn borrowing against volatile assets into a risk-free product.
The event and the market response
A collateralized loan lets an investor retain exposure to an asset while accessing cash against part of its value. Onchain protocols implement this with smart contracts, collateral ratios, liquidation thresholds and pricing feeds. Kamino describes the Backpack Market as isolated, which is designed to contain exposure to problems arising in separate lending pools. Each eligible token has risk settings that reflect liquidity and oracle coverage. The actual borrowing capacity can vary materially by asset, and maintaining collateral above liquidation thresholds remains the user’s responsibility.
Why the development matters to the crypto market
For Solana DeFi, the new market is a concrete example of tokenization gaining a use beyond holding or trading a representation of a stock. Borrowing against assets can deepen financial activity, but it can also amplify losses if users overextend. The listed tokenized equities are not ordinary Solana-native cryptocurrencies, and their value still depends on underlying securities and the custody arrangement. Traders should distinguish tokens issued by Backpack from the lending infrastructure supplied by Kamino, and scrutinize the risk of sharp price gaps after trading holidays.
Collateralized lending creates real economic exposure even when transactions are executed by code. A borrower may want liquidity without selling an investment, while lenders expect payment for taking risk. Both sides depend on reliable prices, appropriately conservative borrowing limits and an orderly liquidation process. Tokenization introduces another layer: the collateral may represent a security whose underlying market is not open all day. Comparing a DeFi loan with a traditional margin account is useful, provided readers also account for smart-contract risks, redemption restrictions and the absence of the same customer protections.
What the headline does not establish
Tokenized equities bring a difficult timing issue to lending protocols. A blockchain operates through weekends and holidays, but the prices of many underlying shares are established during conventional market sessions. When price feeds hold the most recent market value while an exchange is shut, fresh information can accumulate without changing the displayed collateral ratio. On reopening, a large price adjustment may push a position into liquidation. The market also carries issuer, custody, smart-contract and legal risks that cannot be summarized by a token symbol.
What to watch next
Watch actual supplied collateral, borrowing demand and how the system performs during its first significant gap between closed equity markets and active blockchain trading. Loan-to-value settings and liquidation history will reveal more than the initial list of supported tickers.
Synthetix: Has recovered the SNX tokens stolen from Binance, and will return them upon request.
Synthetix issued a statement noting that the SNX tokens stolen from Binance have been recovered by the Synthetix Protocol DAO, and are now safely held in the Protocol DAO’s Safe wallet. The protocol added that it has notified Binance, and will return the relevant tokens once it receives Binance’s request.
9 minutes ago
Analysis: Traders purchase Bitcoin put options following the Binance hack, with strike prices concentrated between $74,000 and $78,000
After the Binance hack, large traders ramped up their positions in Bitcoin put options for hedging. Nicolas Quatravaux, head of Europe, Middle East and Africa (EMEA) at Paradigm, said that within 8 hours of the incident, the notional value of BTC block trades on the platform reached roughly $590 million, equivalent to half of the related block trading volume on Deribit in the same period, with trades clearly skewed toward put options.
The first large trade took place at 20:38 UTC, before the news was made public: a purchase of put options covering 250 BTC, expiring October 31, with a strike price of $78,000, with a notional size of around $20 million. Three minutes later, another buy of the same contract incurred a cost about 35% higher.
Buy orders were mainly concentrated on strike prices between $74,000 and $78,000, with most expiring this week and mid-November. Notably, two put option trades expiring mid-November with a strike price of $74,000 each covered 1,000 BTC, totaling a notional size of around $155 million.
The report argues that this move is more of a hedge against further short-term pullbacks rather than a bet on an extreme market crash. Meanwhile, call options expiring in March were still being traded in the market, indicating not all traders are taking a defensive stance. Standard Chartered warned that market weakness could persist, and a new market bottom may not form until incident details are clarified and relevant exchanges and protocols unfreeze the involved tokens.
9 minutes ago
CZ: Token recovery efforts appear to have commenced, and Binance can naturally accumulate various tokens via transaction fees.
Binance founder CZ posted that the recovery of token assets appears to have started. He added that when users trade on Binance, they pay trading fees in the traded cryptocurrency, leading the exchange to naturally accumulate various tokens listed on its platform. CZ also emphasized: "User fund security!"
9 minutes ago
Trump: The war with Iran will end soon, no matter what form it takes.
U.S. President Donald Trump said the war with Iran will end soon, by whatever means.
9 minutes ago
CZ responds to Bitcoin's resilience amid market downturns: Traditional market declines typically weigh on the crypto market, yet Bitcoin has demonstrated remarkable resilience.
Binance founder CZ has responded to community discussions about Bitcoin’s resistance to price declines, stating that the leading cryptocurrency’s performance is quite surprising given the larger drops seen in traditional financial markets today. Historically, downturns in traditional markets weigh on crypto prices as investors sell assets to hoard cash, but Bitcoin has shown remarkable resilience this time. Earlier, some community users noted that a $6 billion+ hack on the world’s largest crypto exchange would likely trigger a sharp Bitcoin price slump, yet the token only fell around 3% that day—leading many to believe the market bottom may be approaching.
9 minutes ago
After being liquidated, "Maji" reloaded $250,000 to go long, bringing the total value of his long positions to around $5.88 million.
According to on-chain analyst Yu Jin’s monitoring, after all ETH long positions were liquidated this morning, crypto figure Huang Licheng, nicknamed "Big Brother Ma Ji", deposited 250,000 USDC to go long again in the afternoon. He currently holds long positions in ETH, HYPE, and BTC totaling approximately $5.88 million. This time, he still used high leverage, with the liquidation price for his ETH position standing at $2,161—only about $86 below the market price at that time. Ma Ji has been trading on Hyperliquid for nearly a year and a half, with a cumulative trading volume of $15.86 billion and a total accumulated loss of roughly $37.05 million.
TL;DR: Mirae Asset Securities’ Hong Kong unit announced the completion of a tokenized funding-note issuance on Solana for eligible institutional investors. For Solana markets, the headline provides another institutional blockchain use case distinct from trading memecoins or decentralized exchange tokens.
Mirae Asset Securities’ Hong Kong unit announced the completion of a tokenized funding-note issuance on Solana for eligible institutional investors. The instrument consists of six-month US dollar floating-rate notes issued under the firm’s $3 billion Guaranteed Structured Note Programme, with Marketnode acting as an authorized distributor. Mirae said it handled token issuance, payments and lifecycle processes using in-house technology. The $3 billion number describes the overall programme ceiling, not the amount of this individual sale, which the announcement did not specify.
The event and the market response
The deal illustrates how an established securities product can be represented on a public blockchain without abandoning its private-placement framework. Mirae retains responsibility for the obligation and its servicing, while the token provides a digital holding and distribution format for eligible participants. The notes were not offered to an unrestricted retail audience. Interest payment mechanics, redemption and investor eligibility remain governed by the terms of the security, irrespective of how the ownership record moves across infrastructure.
Why the development matters to the crypto market
For Solana markets, the headline provides another institutional blockchain use case distinct from trading memecoins or decentralized exchange tokens. The network is being used as part of a securities distribution process, but the economic value accrues initially to participants holding the notes and parties servicing them. Tokenized issuance may produce fees and activity, yet it is not a direct price target for SOL. Analysts should track whether comparable issues recur and whether they generate measurable settlement transactions rather than assume the full programme limit is onchain.
An institutional buyer will evaluate the cost of connecting a new rail to its existing systems before celebrating the technology. That includes identity checks, transaction reporting, asset servicing, reconciliation and recovery procedures when something goes wrong. A smaller but repeatable workflow can be commercially more valuable than an enormous theoretical market size. In this case, progress should be measured against the promised operational improvement and the conditions attached to it. Without usage figures, no one can reliably turn a partnership or infrastructure milestone into a forecast of investment returns.
Tokenized finance is often described as a single market, but it covers quite different instruments: cash-like balances, securities, private credit and other claims. Each has different settlement and counterparty risks. Institutional adoption becomes meaningful when service providers can explain who owes what, how a holder exits a position and what happens during a dispute. The detail matters as much as speed. A sound launch can be the beginning of a larger change, although the step from successful integration to widespread, economically useful activity is rarely automatic.
What the headline does not establish
Several important terms are absent from the public announcement, including the issue size, specific coupon, investor identities and evidence of a secondary market. A tokenized security can be difficult to transfer if holders face eligibility checks or if no approved counterparty is willing to buy it. Marketnode’s involvement may support institutional distribution, but it does not establish automatic liquidity. The announcement should therefore be understood as an executed private issuance and technical milestone, not evidence that ordinary Solana users can purchase the notes freely.
What to watch next
The next useful disclosures are the size and pricing of future note issues, permitted transfer arrangements and actual settlement or redemption results. Repeated transactions would help establish that the technology can support a durable product line.
Primary source: Official statement / source documentation.
written by the News Desk and edited by Samuel Rae.
The cryptocurrency market saw one of its biggest selloffs today, wiping out $1.54 billion in leveraged positions as Bitcoin, Ethereum, Solana, and XRP prices tumbled. Meanwhile, the crash erased nearly $64 billion from the global market as its market cap fell to $2.71 trillion, triggered primarily by a major security breach and hack on Binance
Binance Hack Triggers $1.54 billion in LiquidationsAccording to CoinGlass, 237,314 traders were liquidated over the past 24 hours, wiping out a total of $1.54 billion in positions. Traders betting on higher prices suffered the biggest losses, with $1.29 billion in forced closures, accounting for 83.8% of total liquidations.
Meanwhile, short traders also faced heavy liquidations, losing $252.83 million, or around 16.5% of total liquidations. Binance recorded $754.6 million in liquidations, accounting for 49.2% of the market-wide total.
The selloff followed Binance’s reported security breach, which the exchange estimated affected around $6.3 billion in assets.
Meanwhile, Binance pledged to cover the losses and temporarily suspended deposits and withdrawals while conducting security checks.
Bitcoin, ETH, SOL, XRP Traders Take the Biggest HitBitcoin recorded the highest liquidations, with $498.92 million in positions closed. Long positions accounted for 81.2% of those losses as the price fell below key psychological levels.
Ethereum followed with $359.41 million in liquidations, 84.6% of which came from long positions. Together, Bitcoin and Ether accounted for more than half of all forced closures.
Meanwhile, Solana traders lost another $82.75 million, while XRP liquidations reached $38.46 million.
Other major losses included Hyperliquid at $31.71 million, Zcash at $25.21 million, and BNB at $23.42 million.
The price decline added to the pressure. Bitcoin dropped to $76,460 before recovering toward $78,500. Ether briefly fell below $2,200 and later traded near $2,240. Solana touched $98, while XRP dropped to $1.26.
Story Ends Here
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NEW YORK, Oct. 30, 2026 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Fluence Energy, Inc. (NASDAQ:FLNC) and certain of the company’s senior executives for securities fraud after significant stock drops resulting from potential violations of the federal securities laws.
If you invested in Fluence, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/fluence-class-action-lawsuit.
Key Details of the Fluence ($FLNC) Class Action:
Lead Plaintiff Deadline: November 27, 2026Alleged Misconduct: Securities fraud alleging Fluence misrepresented the status of its manufacturing operations and ability to achieve its revenue and EBITDA guidanceLargest Alleged Stock Drop: February 5, 2026 – 34.6% Stock DropCourt: U.S. District Court for the Southern District of New YorkAction: Contact BFA Law to discuss your rights Investors have until November 27, 2026 to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Fluence securities. The class action is pending in the U.S. District Court for the Southern District of New York. It is captioned Hatweek v. Fluence Energy, Inc. et al., No. 26-cv-8475.
Why is Fluence Being Sued for Securities Fraud?
Fluence is a provider of energy storage systems and optimization software for the renewable energy and energy storage industries.
According to the complaint, Fluence provided record breaking fiscal year 2026 revenue guidance and significantly increased adjusted EBITA guidance based on its purported ability to capitalize on surging demand for data centers. Fluence assured investors that it had contracted with multiple key production facilities to fulfill demand.
As alleged, Defendants failed to disclose that several new contract manufacturing facilities were not completed, not operational, and/or not capable of producing at the volumes Fluence’s guidance provided.
Why did Fluence’s Stock Drop?
On February 4, 2026, Fluence reported a net loss of $62.6 million and a GAAP gross profit margin of 4.9%, a 6.5% decline year over year, due to “additional estimated costs on two projects” located outside the U.S.
On this news, Fluence’s stock dropped $10.04 per share, or 34.6%, from a closing price of $28.99 per share on February 4, 2026, to $18.95 per share on February 5, 2026.
On August 5, 2026, Fluence reported “weaker than expected revenue” and slashed revenue and adjusted EBITDA guidance because of “production delays at new contract manufacturing facilities.”
On this news, Fluence’s stock dropped $1.02 per share, or 7.2%, from a closing price of $14.23 per share on August 5, 2026, to $13.21 per share on August 6, 2026.
On September 16, 2026, Fluence issued a mid-quarter guidance update and further slashed revenue and adjusted EBITDA guidance because of “delays in the ramp-up of our contract manufacturing facility.”
On this news, Fluence’s stock dropped $1.39 per share, or 15.4%, from a closing price of $9.05 per share on September 16, 2026, to $7.66 per share on September 17, 2026.
Click here for more information: https://www.bfalaw.com/cases/fluence-class-action-lawsuit.
What Can You Do?
If you invested in Fluence, you may have legal options and are encouraged to submit your information to the firm.
All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.
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Most recently, The Legal 500 awarded BFA the most client satisfaction accolades of any plaintiff’s securities litigation law firm, with clients noting: “[t]here is no better service provider in the practice area,” “[t]he interest of the client is always front and center,” and “[t]here isn’t a better firm in this space.” One testimonial described the firm as “nimble and entrepreneurial,” with a “relentless focus on adding value for clients.”
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Arthur J. Gallagher & Co. (AJG) Q3 2026 Earnings Call October 29, 2026 5:15 PM EDT
Company Participants
J. Gallagher - Chairman & CEO
Douglas Howell - Corporate VP & CFO
Conference Call Participants
Elyse Greenspan - Wells Fargo Securities, LLC, Research Division
Mark Hughes - Truist Securities, Inc., Research Division
Dean Criscitiello - Wolfe Research, LLC
Michael Zaremski - BMO Capital Markets Equity Research
Andrew Kligerman - TD Cowen, Research Division
Charles Peters - Raymond James & Associates, Inc., Research Division
Yaron Kinar - Mizuho Securities USA LLC, Research Division
David Motemaden - Evercore ISI Institutional Equities, Research Division
Meyer Shields - Keefe, Bruyette, & Woods, Inc., Research Division
Presentation
Operator
Good afternoon, and welcome to Arthur J. Gallagher & Company's Third Quarter 2026 Earnings Conference Call. [Operator Instructions] Today's call is being recorded. If you have any objections, you may disconnect at this time.
Some of the comments made during this conference call, including answers given in response to questions, may constitute forward-looking statements within the meaning of the securities laws. The company does not assume any obligation to update information or forward-looking statements provided on this call. These forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially.
Please refer to the information concerning forward-looking statements and Risk Factors sections contained in the company's most recent 10-K, 10-Q and 8-K filings for more details on such risks and uncertainties. In addition, for reconciliations of non-GAAP measures discussed on this call as well as other information regarding these measures, please refer to the earnings release and other materials in the Investor Relations section of the company's website.
It is now my pleasure to introduce J. Patrick Gallagher, Jr., Chairman and CEO of Arthur J. Gallagher & Company. Mr. Gallagher, you may begin.
