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Citi Tops Global IPO Underwriting, Overtakes Goldman Sachs in 2026
Citigroup takes top spot in global IPO underwriting through September 2026, ahead of Goldman Sachs, after advising on SK Hynix $26.5B and SpaceX $86B listings.
Suboo Fashion Label Collapses into Liquidation with $655k Debt
Suboo, the Australian fashion label worn by Gigi Hadid and Kendall Jenner, has collapsed into liquidation with $655,000 in debts after 14 years in business.
SiriusXM Comedy Backlash: 66% of Comedians Cut as Maniscalco Takes Over October 6
SiriusXM replaced Raw Comedy with Sebastian Maniscalco’s channel, cutting 537 comedians from rotation. Working comics lost $15-per-spin royalties. Patton Oswalt, Michelle Wolf, and others demand restoration.
ASOS Stock Plunges 14% After Hackers Send Ransom Demand via App
ASOS shares fell 14% after hackers sent customers a ransom demand via push notification on October 6. The company says payment data was not affected and its website remains operational.
Rakuten Stock Slides as 101M Member Data Breach Claim Surfaces October 6
Rakuten denies a claim that 101 million member records are being sold on the dark web for $700. The company separately confirmed a breach of its cloud storage service affecting 15,382 accounts.
GMO Research & AI Loses 950,000 Records in Cyberattack; Points Stolen
GMO Research & AI confirms 950,000 personal records leaked via infoQ survey site; 2.87 million yen in points stolen. Company will reimburse all fraudulent exchanges.
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.