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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.
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.
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.
Lexus NX Gets Major Overhaul: New Design, EV Range Doubles to 140km
Lexus refreshes the 2026 NX with sharper styling, 25% stiffer floor, new hybrid systems, and plug-in hybrid EV range jumping from 87km to 140km. Launch planned for late 2026.
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.
Ken Griffin’s $3B Carnegie Mellon Gift Reshapes Miami Real Estate October 03
Ken Griffin donated $3 billion to Carnegie Mellon University to build a Miami campus on 35 acres purchased for $1.1 billion. The gift is the largest in higher education history and has sparked a commercial real estate boom in Wynwood.
Samsung Galaxy S27 Ultra to Cost $1,399, Up $100 From S26 Ultra
Samsung Galaxy S27 Ultra leaks reveal 218-gram weight, 5,700mAh battery, redesigned camera, and $1,399 starting price. Phone launches early 2027 with Exynos 2700 chipset.