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Latest Financial and Business News

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Forward Industries Grows SOL Holdings to approximately 8.7 Million SOL, Increasing SOL per Share to 0.0824

Forward Industries, Inc. announced a significant increase in its Solana (SOL) holdings, growing them by 2.7% to 8.7 million SOL as of November 9, 2026. This pushed SOL per share to 0.0824, a 2.3% rise in just over a month. The company also secured a $50 million credit facility and committed up to $50 million to USHP, a tokenized liquid index product for US home prices, aiming to further accelerate its SOL accumulation strategy.

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Datacentrex Q3 Revenue Falls to $1.74M, Net Loss Widens to $2.61M

Datacentrex (Nasdaq: DTCX) reported a significant decline in its third-quarter 2026 revenue to $1.74 million and a widened net loss of $2.61 million, according to its Form 10-Q filing. The company also disclosed a $30 million equity investment in ELNG Equity LLC and a digital asset portfolio, alongside rising operating expenses primarily driven by depreciation and amortization. The financial results indicate declining revenue, compressed gross margins, and increased operational costs, with the ELNG investment introducing a new concentrated asset position and the digital asset holdings adding volatility.

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Upexi Reports Fiscal First Quarter 2027 Financial Results

Upexi, Inc. (NASDAQ: UPXI) announced its financial results for the fiscal first quarter ended September 30, 2026, reporting a net income of $89.1 million, or $0.68 per diluted share, driven largely by unrealized gains on digital assets. The company strengthened its balance sheet by increasing its Solana treasury to approximately 2.35 million SOL and reducing the interest rate on its BitGo borrowings, which is expected to lower annual interest expense by about $2.3 million. Total revenue for the quarter was $3.5 million, with digital asset revenue contributing $3.1 million.

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AVAX One Announces Elimination of All Convertible Debt and Additional Share Repurchases

AVAX One Technology Ltd. announced it has eliminated all remaining convertible debt from its balance sheet, totaling approximately $970,000, bringing its total convertible debt balance to zero. This follows the elimination of over $14.9 million in debt during the third quarter of 2026. Additionally, the company repurchased 710,000 common shares in October 2026, continuing its $40 million share repurchase program and demonstrating a commitment to disciplined capital allocation and shareholder value.

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Armada and Johnson Controls launch Galleon Forge Two in Dublin, bringing sovereign AI infrastructure production to Europe

Armada and Johnson Controls have launched Galleon Forge Two in Dublin, initiating Europe's first sovereign AI infrastructure manufacturing operation. This facility, the second of its kind, produces Leviathan modular data centers, with the first unit already completed for Fossefall in Norway. The partnership aims for 500 MW capacity by 2027 and establishes a model for nations to build and control their AI infrastructure locally.

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Dell Jumps 11% as AI Server Stocks Rebound From a Rough Month; Super Micro Surges 8%, Hewlett Packard Enterprise Advances 6%

Dell Technologies and other AI server stocks like Super Micro Computer and Hewlett Packard Enterprise saw significant rebounds, with Dell surging 11%. This recovery follows a post-election sell-off and was buoyed by CoreWeave's strong earnings and raised guidance, which reignited investor confidence in the AI sector. Despite recent political and supply chain concerns, Dell's record $95 billion AI backlog indicates robust demand for its AI-optimized servers.

Stocks

Symbol Price Change %Change
PARAW 0.0040 0.0003 8.1081%
MACIU 9.1400 0.8200 9.8558%
NSAIW 0.0520 0.0070 15.5556%
SMX 19.2500 9.9000 105.8824%
PEPG 4.6100 2.2200 92.8870%
Symbol Price Change %Change
NXXT 0.1870 -2.4230 -92.8352%
LICN 0.0418 -0.2632 -86.3115%
IHRT 0.6190 -1.1510 -65.0282%
MVST 0.2202 -0.3973 -64.3401%
BMGL 1.9300 -3.4700 -64.2593%
Symbol Price Change %Change
NVDA 168.8900 -9.7800 -5.4738%
MI 0.4065 0.1602 65.0426%
SOXL 56.0600 -0.1400 -0.2491%
SHFS 0.0159 -0.0089 -35.8871%
INLF 0.5450 0.2430 80.4636%

Latest News

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T3 Defense Secures Exclusive Israeli Distribution Rights for Copting GmbH Tethered Drone System

T3 Defense Inc., through its subsidiary Nimbus Drones Technologies Ltd., has secured exclusive Israeli distribution rights for Copting GmbH's Falkawn-BOS tethered drone system. This agreement expands Nimbus's product portfolio into persistent aerial surveillance and is expected to create new equipment sales and recurring service opportunities, potentially contributing meaningfully to Nimbus's revenue in 2027. The system will serve defense, homeland security, emergency response, critical infrastructure, and public safety customers in Israel.

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Corning stock jumps as Jefferies sees AI fiber demand driving growth

Corning shares rose 4% after Jefferies initiated coverage with a "buy" rating and a $134 price target, citing strong fiber optics demand driven by AI data centers. The firm anticipates Corning's Optical business will scale significantly by 2028, supported by multi-year agreements with hyperscalers and telecommunications carriers. This positive outlook contrasts with earlier caution from other analysts, despite Corning's strong Q3 2026 earnings and revenue beat.

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Corning stock jumps as Jefferies sees AI fiber demand driving growth

Corning shares jumped after Jefferies initiated coverage with a "buy" rating and a $134 price target, citing strong growth prospects driven by high fiber optics demand from AI data centers. The investment firm highlighted Corning's market position and multi-year agreements, expecting its Optical business to scale significantly by 2028 as fiber technology integrates further into data center equipment. This positive outlook comes despite other analysts previously being divided on the stock, with some reducing price targets following Corning's strong Q3 results, which exceeded revenue and earnings estimates.

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Barrick Mining files IPO for a new company to hold its North American gold assets

Barrick Mining Corp. has filed paperwork for an initial public offering (IPO) of a new company, American Barrick Gold Corp., which will manage its North American gold assets. The net proceeds from this offering are expected to be distributed back to Barrick shareholders. American Barrick Gold Corp. is slated to trade on the New York Stock Exchange under the symbol ABGC, with no current plans for a Canadian listing.

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Orion180 Insurance Group Inc. Announces Third Quarter 2026 Results

Orion180 Insurance Group Inc. (NASDAQ: OIG) announced strong financial results for the third quarter ended September 30, 2026, including a 72% increase in managed premiums in-force to $678 million and a 32% rise in net income to $11 million year-over-year. The company also highlighted the successful completion of its initial public offering in September 2026. CEO Kenneth Gregg attributed the growth to their differentiated business model, comprehensive homeowners solutions, and proprietary MY180 tech platform, positioning Orion180 for continued market share gains and shareholder value.

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SGOV Yields 3.63%. Can Johnson & Johnson or Verizon Pay Retirees More?

This article compares the income potential of the iShares 0-3 Month Treasury Bond ETF (SGOV) with two traditional dividend stocks, Johnson & Johnson (JNJ) and Verizon (VZ), for retirees. While SGOV's yield fluctuates with Treasury rates and offers state tax benefits, JNJ boasts a 64-year dividend raise streak with a lower initial yield and VZ provides a higher yield but with significant debt concerns. The optimal choice depends on a retiree's time horizon, risk tolerance, and tax situation, often leading to a combination of these options.

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Bally’s revenue rises 21% in Q3 as debt, casino projects and regulatory pressures persist

Bally’s Corp. reported a 21% year-over-year increase in third-quarter revenue to $807.6 million, primarily driven by its Intralot operations. The company continues to face significant challenges, including financing issues, regulatory scrutiny, and delays in major development projects like its Chicago and Las Vegas casinos, while also navigating debt and an acquisition delay in the UK.

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Proposed Dominion-NextEra Merger Enters the Final Stages

Virginians have until Thursday to comment on the proposed $67 billion all-stock merger between Florida-based NextEra Energy and Richmond-based Dominion Energy, which would create the nation's largest regulated utility. While unions and the Virginia Chamber of Commerce support the deal, citing economic benefits and job creation, political leaders are divided, with some opposing it due to concerns about ratepayers and energy costs. The State Corporation Commission, which staff members have recommended against the merger, is expected to make a final decision by January 11, 2027.

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HCA HEALTHCARE NAMED A BEST EMPLOYER FOR VETERANS BY MILITARY TIMES FOR SEVENTH CONSECUTIVE YEAR

HCA Healthcare has been recognized by Military Times as a Best for Vets Employer for the seventh consecutive year, acknowledging its efforts to support veterans, service members, and military spouses in their careers. Since 2012, HCA Healthcare has hired over 75,000 military-connected individuals and is contributing $200,000 to organizations supporting veterans and military families in honor of Veterans Day. The company also offers programs like SkillBridge and a Military Colleague Network to aid in career transition and ongoing support.

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Evergy vs. Otter Tail: Which Utility Dividend Is Safer for Retirement?

This article compares Evergy (EVRG) and Otter Tail (OTTR) as dividend investment options for retirement, focusing on yield, dividend growth, and risk. Evergy is preferred for retirees seeking immediate income due to its higher yield and predictable earnings from regulated utility operations and data center demand. Otter Tail offers faster dividend growth and lower debt but carries higher risk due to its exposure to the volatile plastics manufacturing market.