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Lseg Raises 2026 Outlook, Expands Private Credit Push With $3.54 Billion Octus Deal

by Neeraj Jain | Oct 22, 2026 | General

London Stock Exchange Group plc (OTC:LSEGY) on Thursday provided its third-quarter 2026 trading update and raised its outlook for fiscal 2026. Separately, the company announced it will acquire Octus, a provider of credit solutions, for a cash consideration of $3.535...

MSC Industrial CEO Says Turnaround Is Taking Hold After Record Quarter

by Kaustubh Bagalkote | Oct 22, 2026 | General

MSC Industrial Direct Co. Inc. (NYSE:MSM) reported better-than-expected fiscal fourth-quarter earnings and revenue Thursday, driven by higher sales and improved profitability. The industrial supplies distributor reported adjusted earnings of $1.45 per share, beating...

Bernie Moreno Pushes to Expand Trump’s Investment Accounts to Americans Under 40, Calls Proposal a ‘Game-Changer’

by Shomik Sen Bhattacharjee | Oct 22, 2026 | General

Republican Sen. Bernie Moreno (R-Ohio) plans to introduce legislation to expand President Donald Trump’s investment accounts to Americans under 40, arguing that broader eligibility could help working families buy homes, repay student loans and build long-term wealth....

QuantumScape CEO Says AI Data Center Customers Want Batteries ‘In Volume’ As Company Ramps Up Production

by Lekha Gupta | Oct 22, 2026 | General

QuantumScape Corp. (NASDAQ:QS) stock rose in premarket trading Thursday after the solid-state battery developer reported a smaller-than-expected third-quarter loss and outlined plans to expand production to meet growing demand from AI data centers and other markets....

Google’s Ex-CEO Says China Trails US by 6 Months in AI Race, but Could Still Win Due to This Strategy: ‘We’re Already Losing’

by Namrata Sen | Oct 22, 2026 | General

Former CEO of Alphabet Inc.‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, Eric Schmidt, said China trails the U.S. in the AI race by roughly six months, but it could still be the winner. In a podcast called In Good Company, hosted by Nicolai Tangen, CEO of Norges Bank...
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