Alcoa Shares Rise 5.8% as Third-Quarter Net Income More Than Doubles
Alcoa posted $483 million in attributable net income, while revenue fell 7% sequentially and adjusted EPS declined to $1.82 from $2.12.
Day: October 17, 2026
BlackRock sells $71.78 million in Bitcoin as ETF redemptions pile up
Institutional sentiment shifts, impacting Bitcoin’s market dynamics and highlighting the influence of ETF flows on cryptocurrency valuations. The post BlackRock sells $71.78 million in Bitcoin as ETF redemptions pile up appeared first on Crypto Briefing.
S&P Ex-AI Index Gains 2.4% as S&P 500 Falls Nearly 1%
The 3.29-percentage-point gap puts the index on pace for its second-largest weekly lead since early 2024.
Third Point Urges Strata Critical Medical to Explore a Sale
Third Point CEO Daniel S. Loeb disclosed ownership of 5,126,511 shares, or 5.8% of the company, with an aggregate acquisition cost of $24,452,374.
Jensen Huang Says AI Could Need One Billion Times More Compute Than Last Year
He tied the estimate to reasoning workloads and wider AI use, while citing land, power and component constraints on expansion in 2027.
CLPS Revenue Climbs 6.6% in Fiscal Second Half as GAAP Loss Widens
The company posted a $0.44 GAAP loss per share and projected fiscal 2027 sales growth of 5% to 10%, subject to exchange-rate effects.
Private Bancorp of America Posts $1.97 GAAP EPS, Misses Estimates
Third-quarter revenue reached $35.5 million, beating expectations by $430,000.
Nine Blockchain Groups Unite as Quantum Threat Hangs Over Bitcoin
A new coalition of nine blockchain organizations is tackling a problem that could eventually put roughly 6.4 million bitcoin at risk, including an estimated 1.1 million BTC associated with Satoshi Nakamoto. Launched this week, the Quantum Alliance wants to establish common security standards before powerful quantum computers can crack the digital signatures protecting cryptocurrency wallets. […]
Biomerica, Inc. Posts $1.23 Million Fiscal First-Quarter Loss as Sales Fall 8%
Net sales totaled $1.265 million for the quarter ended Aug. 31. Cash and cash equivalents rose to $2.733 million from $1.308 million at May 31.
Unique Wealth, LLC Discloses About $10.4 Million in Bitcoin ETF Exposure
The filing lists about $5.3 million in Bitwise Bitcoin ETF shares and $2.1 million in BlackRock’s iShares Bitcoin Trust as of Sept. 30.
