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Strive closes upsized $630m SATS offering as Bitcoin treasury strategy accelerates
Strive raised $630 million through 15% SATS preferred stock as $ASST climbed. See how the deal could fuel more Bitcoin purchases and reshape risk.
Brave Bison reaches 35.2% in System1 takeover as final deadline nears
Brave Bison has increased its confirmed position toward satisfying the System1 takeover acceptance condition to 35.20%, but substantial shareholder opposition and a widening dispute over the offer's valuation leave the ÂŁ50 million-plus transaction uncertain ahead of a 26 October deadline.
Lockheed Martin advances 150km ER GMLRS as US Army approves production
Lockheed Martin has completed soldier-led operational testing of its Extended-Range Guided Multiple Launch Rocket System, bringing a 150-kilometre precision weapon closer to deployment as military customers focus on manufacturing scale.
Anduril’s A$1.7bn Ghost Shark gains strike capability as Australia targets exports
Australia has unveiled mine-laying, autonomous aerial strike and underwater logistics capabilities for Ghost Shark, moving Anduril’s A$1.7 billion naval programme beyond vehicle production toward a broader undersea warfare system.
Tradeweb to acquire Trumid for $1.97bn as electronic bond trading consolidates
Tradeweb Markets Inc. has agreed to acquire electronic credit trading platform Trumid for approximately $1.97 billion, expanding its presence across the corporate bond lifecycle while targeting stronger institutional liquidity, automation and earnings growth.
3M expands Amazon AI deal as $6bn sales milestone unlocks share warrants
3M Company has expanded its commercial relationship with Amazon around optical connectivity and data centre materials, introducing warrants tied to as much as $6 billion in cumulative product sales over seven years. The agreement coincides with improving industrial margins and an upgraded 2026 earnings outlook.
HFCL profit jumps 448%, but can record margins fund its next growth phase?
HFCL reported â‚ą2,541.79 crore in quarterly revenue and a 25.89% EBITDA margin, supported by surging demand for optical connectivity products. However, its â‚ą1,800 crore manufacturing expansion, rising working-capital requirements and elevated stock valuation make cash conversion a critical test of future returns.
ABB orders surge 40% to $12bn as AI power demand drives record quarter
ABB Ltd reported record quarterly orders of $12.06 billion and operating profitability above 20%, while announcing a $495 million investment in a Mitsubishi Electric joint venture. Strong data centre demand is supporting growth, but investors are increasingly questioning the durability of artificial intelligence infrastructure expenditure.
Is climate risk turning home insurance into a mortgage and property-value problem?
Evidence from the United States, United Kingdom and Australia suggests physical climate risk is spreading beyond insurance premiums into property values, mortgage access and bank credit exposure. The emerging financial question is whether insurability is becoming part of what determines a home's liquidity and value.
UltraTech Cement profit rises 21% as capacity reaches 210mt and wires expansion begins
UltraTech Cement Limited reported an 18.9% increase in September-quarter net sales and a 21.3% rise in profit after tax as domestic cement volumes expanded, while its new Ultravolt wires business opened another front in India's building materials market.