Market News
Reddit Shares Fall 29.22% as Company Warns Users Could Decline
Shares of Reddit closed at US$91.73 on October 30, 2026, down $37.87, or 29.22%, from the previous close of $129.60, in the first trading session after the company reported third-quarter results and forecast fourth-quarter revenue of $1,000 million to $1,030…
SVRN Faces Nasdaq Delisting Over Unfiled 2025 Annual Report
SVRN, Inc., the Nasdaq-listed digital asset treasury company formerly known as OceanPal Inc. , said in an October 30, 2026 announcement that it received a letter that day from the Listing Qualifications Department of The Nasdaq Stock Market LLC stating…
InsCorp Q3 Revenue Grows 12% as Board Declares $0.12 Dividend
InsCorp, Inc., the Nashville-based bank holding company for INSBANK, reported unaudited results on October 30, 2026 for the third quarter ended September 30, 2026, posting fully diluted earnings per share of $0.73 as revenue grew 12% year over year, and…
Mondelēz Agrees to Acquire Majority Stake in Undercover Snacks
Mondelēz International has signed an agreement to acquire a majority stake in Undercover Snacks, the East Hanover, New Jersey-based maker of chocolate-covered and frosted quinoa crisps. Mondelēz first disclosed the agreement on October 29, 2026, in its third-quarter 2026 results…
OCI Shareholders Approve Orascom Combination and Euronext Delisting
OCI N.V. said in a company announcement on 30 October 2026 that its Extraordinary General Meeting approved all resolutions put to a vote, including the resolutions relating to the proposed business combination with Orascom Construction PLC (the “Combination”) and the…
Palo Alto Networks Urges Caution on Unsolicited $450 Tutanota Mini-Tender
Palo Alto Networks has received notice of an unsolicited “mini-tender” offer from Tutanota LLC to purchase up to 250,000 shares of the company’s common stock at a price of $450.00 per share in cash, and the company is recommending that…
Verra Mobility Q3 Revenue Slips 1% as It Moves to End Avis Budget Contract
Verra Mobility Corporation on October 30, 2026 reported total revenue of $258.9 million for the third quarter ended September 30, 2026, a decrease of 1% from $261.9 million in the prior-year period, and net income of $40.4 million, according to…
Standard Motor Products Q3 Adjusted EPS Rises 13.2% to $1.54
Standard Motor Products, Inc. reported consolidated net sales of $507.8 million for the third quarter ended September 30, 2026, compared with $498.8 million a year earlier, and its board of directors approved a quarterly dividend of 33 cents per share,…
BLS: Civilian Worker Pay Costs Climbed 0.8% Through September 2026
Compensation costs for civilian workers increased 0.8 percent, seasonally adjusted, for the three-month period ending in September 2026, the U.S. Bureau of Labor Statistics reported Friday, October 30, 2026, in its quarterly Employment Cost Index news release (USDL-26-1620). Wages and…
Cboe Q3 Diluted EPS Rises 43% to Record $4.08 as Guidance Lifts
Cboe Global Markets reported record diluted earnings per share of $4.08 for the third quarter of 2026 on October 30, 2026, a 43 percent increase from $2.85 in the same period of 2025, as net revenue rose 18 percent to…
Lear Q3 Adjusted EPS Rises 33% to $3.71 on 2% Revenue Growth
Lear Corporation reported third quarter 2026 results on October 30, 2026, posting sales of $5.8 billion, up 2% from $5.7 billion a year earlier, with net income, core operating earnings and earnings per share all increasing year-over-year. The Southfield, Michigan-based…
Texas Community Bancshares Buys Bank of San Jacinto County for $9.5 Million
Texas Community Bancshares, Inc. and The Banc of San Jacinto County Bancshares, Inc. announced on October 29, 2026 that they have entered into a definitive merger agreement under which Texas Community Bancshares will acquire SJCB in an all-cash transaction. SJCB’s…
BMO Completes Transportation and Vendor Finance Sale to Stonepeak
BMO Financial Group announced on October 29, 2026 that it has closed the sale of its Transportation Finance and Vendor Finance businesses to Stonepeak, a transaction first announced on May 11, 2026. At closing, BMO transferred approximately 75% (C$11 billion)…
Narragansett Bancorp Expects November 2 IPO Closing and Nasdaq Debut
Narragansett Bancorp, Inc., the proposed holding company for BayCoast Bank, announced on October 29, 2026 that all final regulatory approvals have been received to complete the bank’s two-tier holding company reorganization and the company’s related stock offering. The Swansea, Massachusetts-based…
Roblox Q3 Revenue Rises 16% as Bookings Fall 12% to $1.7 Billion
Roblox Corporation reported third-quarter 2026 revenue of $1,572 million on October 29, 2026, up 16% from $1,360 million a year earlier, while bookings declined 12% year-over-year to $1,697 million from $1,922 million (all figures U.S. dollars), according to the company’s…
