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Democrat Abdul El-Sayed has won Michigan’s closely watched U.S. Senate race, defeating Republican Mike Rogers and becoming the country’s first Muslim senator.
His victory comes as Democrats secured control of the upper chamber on Tuesday, giving the party a decisive Senate majority.
Google defends school AI rules amid political criticism
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Democrat Troy Jackson defeated five-term Republican Sen. Susan Collins in Maine, flipping a Republican-held seat and adding to Democratic gains in the 2026 midterms.
Jackson, 58, a former Maine Senate president and fifth-generation logger, secured the Democratic nomination in July after Graham Platner
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Earnings Call Insights: Super Micro Computer, Inc. (SMCI) Q1 FY2027
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Earnings Call Insights: CeriBell, Inc. (CBLL) Q3 2026
CEO Xingjuan Chao highlighted Q3 growth and commercial execution, saying, “Q3 marked another strong quarter for CeriBell as we delivered revenue of $29.3 million, growing approximately 30% year-over-year.” She tied the quarter to two core drivers: “adoption
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Earnings Call Insights: Madrigal Pharmaceuticals (MDGL) Q3 2026
CEO William Sibold framed the quarter around accelerating demand and market expansion, saying, “The business is performing exceptionally well. Rezdiffra is growing rapidly, and the MASH market is accelerating.” He highlighted Q3 net sales of $431
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Earnings Call Insights: Black Rifle Coffee Company (BRCC) Q3 2026
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Earnings Call Insights: ReNew Energy Global Plc (RNW) Q2 fiscal 2027
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As Election Day arrives, Seeking Alpha analysts looking at the political landscape largely agree that the bigger market drivers are likely to remain interest rates, inflation, AI spending and geopolitics.
A specific post-midterms trade remains predictably elusive.
But beneath that
Raised FY2026 revenue guidance to $52M–$57M (vs. $46.89M); maintained FY2026 adjusted EBITDA loss guidance of $400M–$445M.
Earnings Call Insights: Allison Transmission Holdings, Inc. (ALSN) Q3 2026
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Victims of the Oct. 29 hack that stole approximately $6.3 billion in digital assets from crypto exchange operator Binance will be made whole using company funds, the exchange operator announced the day after the hack.
Richard Teng, Co-CEO of Binance, said in a video statement posted on X that the company has already used $5 billion to purchase the affected digital assets, including USDC, USDT, BTC, and others, through market and over-the-counter purchases.
“Most of what we earn from day-to-day operations is held in crypto assets and then is reinvested into the business and security,” he said. “Because we believe in crypto and the long-term value of this industry, this is precisely why we are able to absorb a loss of this size immediately with our own money.”
Binance plans to release a full proof-of-reserves report by Nov. 2. Until then, it has paused withdrawals to investigate, rebuild, and retest its entire infrastructure. The move has frozen an estimated $3 billion in digital assets, including $2.3 billion in stablecoins such as USDT and USDC, according to CoinDesk.
Binance initially said the hacker gained access to its system via a compromised laptop belonging to a DevOps engineer, but further investigation revealed that the hot wallet hack, which is used for regular transactions, was far more complex and involved multiple breach points.
“The attacker used a self-destruct mechanism that destroyed tooling and tracers as they ran, which makes it more difficult for us to trace and investigate,” said Teng. “The attacker used a known multi-signature protocol, EIP 7702, to obtain on-chain execution approval of a hot wallet. The delegation did not pass through our normal approval controls.”
“The attacker sold about 325 million USDT to market makers within minutes of receiving it,” said Ari Redbord, global head of policy at TRM Labs. “This shows how quickly stolen funds can reach unsuspecting counterparties.”
CFOs of firms with stablecoins frozen by Binance should prepare to prove that the frozen assets belong to their companies by providing copies of account agreements, every deposit and withdrawal address, transaction hashes, statements, and approval logs.
“Treasury should own that file, and copies should live on your own systems, since a custodian’s platform can go dark during an incident,” said Redbord. “When issuers like Tether and Circle freeze funds, the paper trail decides who gets them back.”
He also suggested that every corporate treasury have its custodian commit to five things in writing: a set time to inform you of an incident, clear legal title to the company’s assets that is separate from the custodian’s title, reviewable insurance and audit controls, systems divided by chain and wallet type, and round-the-clock cooperation with stablecoin issuers and law enforcement.
“This hack showed what that cooperation can do, because issuers froze about $2.7 billion within hours,” said Redbord. “Test it before you need it.”
Rob Daly writes about the economy and fintech. You can reach him at rdaly@gfmag.com
In October 2026, we increased our stock repurchase authorization by $100 million, increasing the remaining repurchase authorization to $144 million as of the date
Q4 guidance calls for 400 to 475 transactions, $100 million to $120 million in revenue, and sequential adjusted EBITDA improvement. The company ended Q3 with $12.1 million in unrestricted cash, estimated $55 million of equity in its inventory, and approximately $251 million of undrawn inventory financing capacity, most of it uncommitted.
Grab reports mixed Q3 results; raises FY26 outlook
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Earnings Call Insights: Hinge Health (HNGE) Q3 2026
“Q3 saw strong top line performance and all-time highs on profitability. Revenue came in at $235 million… Gross margin came in at 88%… operating income came in at $77 million… Free cash flow, excluding onetime acquisition-related payments, was $120
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Earnings Call Insights: Jazz Pharmaceuticals (JAZZ) Q3 2026
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Earnings Call Insights: Fabrinet (FN) Q1 fiscal 2027
CEO Seamus Grady said the quarter was “an excellent start to fiscal 2027,” highlighting “first quarter revenue that was well above our guidance range” and “record non-GAAP earnings per share of $4.34.”
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