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Kioxia Stock Split Triggers Margin Call Crisis as Year-End Deadline Looms
Kioxia’s 3-for-1 stock split lowered entry barriers but trapped margin traders. Retail investors face year-end liquidation deadlines, risking cascade selling in the memory chip maker’s shares.
Kioxia Stock Split Draws Retail Margin Traders Into Year-End Squeeze
Kioxia’s 3-for-1 stock split lowered entry costs for retail investors, but margin traders now face year-end liquidation pressure as shares fall 50% from June highs.
Goldman Sachs Lifts Steadfast Stake to 7.48% with 83.2M Shares
Goldman Sachs raises Steadfast Group stake to 7.48% with 83.2 million shares. Meyka grades SDF.AX B+, targeting A$4.53 yearly. What this means for investors.
Honda Develops Wireless EV Charging for Highways, Tests Begin 2027
Honda develops wireless charging system for moving EVs with Taisei. Tests planned for Tateyama Expressway in fiscal 2027. Technology supports speeds up to 120 km/h and large commercial vehicles.
Russian Plague Lab Worker Dies; 189 Under Quarantine in Siberia
A researcher at Russia’s Irkutsk Anti-Plague Institute died October 2. Nearly 189 people are under medical observation. U.S. officials are monitoring the suspected pneumonic plague case.
Kioxia Stock Splits 3-for-1 on October 5 as Tokyo Exchange Pushes Lower Entry Prices
Kioxia splits stock 3-for-1 on Sept 29. Tokyo Exchange pushed 760+ firms to split since 2022 to lower entry prices below 500,000 yen for retail investors and new NISA participants.
Philippines-Singapore Cable Restored After October 2 Outage
Philippines-Singapore submarine cable outage on October 2 disrupted internet for PLDT, Globe, and Converge users. The C2C cable was restored by October 3 after telcos rerouted 300Gbps of traffic.
NVIDIA DGX Spark 64GB Launches at $4,999 as Memory Costs Bite
NVIDIA launches 64GB DGX Spark at $4,999 on October 23 via Acer, ASUS, Dell, Gigabyte, HP, and MSI. The 128GB model now costs $6,950, up from $3,999 launch price, driven by memory cost inflation.
Dodgers Beat Braves 5-3 in NLDS Game 1 as Ohtani Manages Injuries
Dodgers beat Braves 5-3 in NLDS Game 1 on October 3. Ohtani plays despite knee and biceps injuries. Series continues Sunday with Game 2 at 8 p.m. ET.