Markets

Frankfurt Stocks Fall on ECB Rate Hike and Oil Surge
Germany's DAX declined 0.84% after the ECB raised its deposit rate to 2.5% and inflation forecasts, while Middle East tensions drove crude prices higher and weighed on industrial shares.

Brent crude breaches $100 as Middle East tensions compress Strait of Hormuz flows
Brent crude settled at $101.21 a barrel Wednesday, the highest close since April, as vessel traffic through the Strait of Hormuz fell below 2 million barrels per day amid renewed US-Iran strikes.

European Stocks Slide After ECB Rate Hike as Oil Stays Above $100
The ECB's second interest-rate increase this year failed to calm markets. Brent crude remains above $100 and inflation concerns weighed on European equities, with mining stocks leading losses.

Harworth Group Receives Increased Takeover Offer at 177.5p
The UK property firm said its board is reviewing a revised cash bid of 177.5 pence per share from Peel Pepper (UK) Limited, up from 172.5p, and advised shareholders to take no action.

ARK Invest Buys $34M of Meta, Sells $6.7M in CrowdStrike on Sept. 21
Cathie Wood's ARK ETFs added roughly $34 million in Meta stock and trimmed positions in CrowdStrike and other holdings during trading on Monday.

Gauzy Receives Nasdaq Delisting Notice, Plans Appeal
The company said its shares closed below $1 for 30 straight days and it failed to file its 2025 Form 20‑F, triggering two Nasdaq listing rule violations. Gauzy intends to request a hearing before the Nasdaq Hearings Panel to stay any delisting action.

Hycroft Mining Advances Underground Development, Adds Two Drill Rigs
Nevada-based miner updates metallurgical testing and processing plans while unveiling a refreshed brand and website.

Newcleo Completes SPAC Merger, Begins Nasdaq Trading
Newcleo plc raises $247 million in SPAC deal, valuing the nuclear technology firm at $2.4 billion ahead of Nasdaq listing.

Elemental Royalty acquires $290M asset portfolio from Orion
Elemental Royalty Corporation secures five streams and royalties in U.S., Guinea, Mexico, and New Zealand, closing in Q4 2026 after equity and cash payment.

First Internet Bancorp Declares $0.06 Quarterly Dividend
The board of First Internet Bancorp approved a $0.06 per-share dividend, reflecting its $5.6 billion asset base as of June 30, 2026.

Toro Corp. to Spinoff AI OKTO Corp. on Oct. 1
Toro Corp. has set October 1, 2026 as the record date for its spinoff of AI OKTO Corp., with shareholders receiving one AI OKTO share for every eight Toro shares held.

Georgia Power, Google Secure $900M Nuclear Uprate Deal for Grid Expansion
Google will subscribe to extended uprates at Georgia Power’s Vogtle and Hatch nuclear plants, unlocking 96 MW of capacity and generating $900M in customer benefits over the project’s lifespan.

US Tech Stocks Lead Gains Amid KI Hype and Oil Price Drops
US indices advanced sharply on Monday, driven by tech stocks and falling oil prices, while diplomatic hopes and Meta’s KI launch boosted select sectors.

American Savings Bank completes IPO and over-allotment option
American Savings Bank, a Hawaii-based bank, completed its IPO on September 17, selling 8.06 million shares at $16 each. Underwriters exercised their option to purchase an additional 1.21 million shares.

Kimberly Boynton Joins NBT Bancorp Board as Healthcare and Real Estate Expert
NBT Bancorp Inc. announced Kimberly A. Boynton’s appointment to its board of directors, bringing over two decades of executive experience in healthcare, finance, and commercial real estate.

Industrial Logistics Properties Trust Names Anthony Paula as New CFO
RMR Group executive replaces Tiffany Sy at industrial logistics REIT; transition takes effect Oct. 1 amid portfolio expansion across 39 states.

Taltson Critical Minerals appoints CFO, raises $85,000 in private placement
The Vancouver‑based explorer named Casey Forward as chief financial officer and closed a $85,000 non‑brokered private placement of 2.125 million units, with an insider buying 23.5% of the issue.

PACS Group Appoints Patrick Murphy as New Chief Legal Officer
Patrick Murphy takes over as Chief Legal Officer and Corporate Secretary, succeeding John Mitchell who retired after 15 years at the company.

Bitcoin rallies past $86K as shorts liquidate, but leverage risks remain
Short-seller positions forced out of the market as Bitcoin approaches $90K, but traders warn of heightened risk from rapidly expanding leverage exposure.

Roche receives EU approval for Susvimo, eyeing new market opportunities
Pharmaceutical giant Roche has obtained EU approval for its eye medication Susvimo, opening up new sales channels and bringing the stock back into focus.

Vireo Growth acquires Nevada dispensary for $500K in cash and shares
Minneapolis-based Vireo Growth completed a $500,000 acquisition of M3 Wellness in Nevada, paying $290,000 in cash and issuing subordinate voting shares at a $15.12 valuation.

Forward Industries Boosts Solana Treasury Holdings by 357K SOL
Austin-based Forward Industries added approximately 357,000 SOL to its treasury between August 4 and September 20, raising its total holdings to about 8.16 million SOL—roughly 1.39% of Solana’s circulating supply.

Nyxoah appoints interim CFO, reaffirms 2026 revenue and margin guidance
Nyxoah SA said President International Loïc Moreau will serve as interim chief financial officer after John Landry's departure on Oct. 2, and confirmed its 2026 revenue, margin and expense targets.

Vicor Raises Q3 Revenue Guidance on Licensing Royalties
Andover-based Vicor Corporation boosted its third-quarter revenue outlook by more than a decade, citing royalties from a recent licensing deal on its Vertical Power Delivery technology.

Qnity Electronics Added to PHLX Semiconductor Sector Index
The Wilmington-based chip maker joins the benchmark index tracking the 30 largest eligible U.S. semiconductor companies, following its NYSE listing.

