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Nasdaq Hits Fresh Ground on Chip and Software Strength as Dow, Small Caps Lag for the Week

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VANCOUVER, BC, Oct. 3, 2026 /PRNewswire/ — Stock Preachers News Commentary – Big technology names pulled the Nasdaq Composite to a weekly gain while the Dow Jones Industrial Average and Russell 2000 closed the week in the red, underscoring a narrow rally as the quarter turned over. The S&P 500 slipped from its prior week’s close despite a strong Friday session. Volatility eased, with the VIX down on the day, while crude oil fell sharply and the 10-year Treasury yield ticked higher. Several companies issued contracts, guidance updates, and acquisition news during the stretch. Active Companies from around the markets with current developments this week include: RTX (NYSE: RTX), Integra LifeSciences Holdings Corporation (Nasdaq: IART), Trilogy Metals Inc. (NYSE American: TMQ), Phillips Edison & Company, Inc. (Nasdaq: PECO), and Axogen, Inc. (Nasdaq: AXGN).

The Dow Jones Industrial Average closed at 51,094.96, up 0.33% on the day but down 1.42% for the week, with an RSI14 of 38.1 signaling a weakening trend. The S&P 500 finished at 7,719.34, up 0.69% on the day though down 0.31% for the week, while the Nasdaq Composite jumped 1.18% on the day to 27,188.02 and gained 0.44% for the week. The Russell 2000 rose 0.97% on the day to 2,833.74 but slipped 0.13% for the week.

The CBOE Volatility Index fell to 15.58, down 0.81 on the day and 0.49 for the week, while the Nasdaq-100 Volatility Index closed at 21.93, down 0.58 on the day but up 1.06 for the week. WTI crude oil dropped 2.48% on the day and 2.19% for the week to $90.57 a barrel, while natural gas rose 1.69% on the day to $3.02 per MMBtu.

Gold eased 0.85% on the day to $4,166.60 an ounce, essentially flat for the week, while silver fell 0.53% on the day and 1.33% for the week to $60.40. Copper gained 1.07% on the day to $6.55 a pound. The US 10-year Treasury yield rose 2 basis points on the day and 8 basis points for the week to 5.26%, and the euro weakened 0.64% on the day against the dollar.

The full report includes the week’s key support and resistance levels for each major index along with additional company news and sentiment from the week.

CONTINUED… Read this and more news for RTX (NYSE: RTX), Integra LifeSciences Holdings Corporation (Nasdaq: IART), Trilogy Metals Inc. (NYSE American: TMQ), Phillips Edison & Company, Inc. (Nasdaq: PECO), and Axogen, Inc. (Nasdaq: AXGN) at: https://stockpreachers.com/articles/big-tech-carries-the-tape-while-the-dow-limps-to-friday/

In other industry developments and happenings in the market this week include:

RTX (NYSE: RTX) Raytheon, an RTX business, secured a five-year contract with two additional option years valued up to $24.4 billion for Standard Missile-6 interceptors, aimed at increasing availability of the multi-mission munition for the U.S. Navy.

“SM-6’s multi-mission capability is vital to our customer, and Raytheon is intensely focused on meeting the demand,” said Phil Jasper, Raytheon President. “By continuously investing in our operations and facilities, we are removing constraints and boosting capacity to ensure we deliver this critical capability our sailors depend on.”

The company said SM-6 is the only combat-proven weapon capable of anti-air warfare, anti-surface warfare and ballistic missile defense, and has invested in workforce growth, industrial partnerships and automation to support higher output. Read the release.

Integra LifeSciences Holdings Corporation (Nasdaq: IART) Integra LifeSciences provided preliminary third quarter results and updated full-year 2026 guidance, citing continued impact from a July flooding event at its Cincinnati facility. The company expects third quarter revenue of approximately $410 million to $412 million and adjusted earnings per diluted share of $0.55 to $0.59.

“Our third quarter results were impacted by the July flooding event at our Cincinnati facility,” said Stuart Essig, Chairman and Chief Executive Officer. “Our teams have made significant progress executing recovery plans and supporting customers.”

The company updated its full-year 2026 revenue outlook to a range of $1.634 billion to $1.654 billion from $1.654 billion to $1.695 billion, and lowered adjusted EPS guidance to $2.30 to $2.40 from $2.40 to $2.50, while still expecting $190 million to $200 million in operating cash flow for the year.

Trilogy Metals Inc. (NYSE American: TMQ) Trilogy Metals reported a cash balance of $31.2 million as of August 31, 2026, with adjusted working capital of $30.3 million, and announced the closing of a $35.6 million strategic equity investment from the Department of War on September 11, 2026.

The company reported third quarter net income of $0.2 million compared to a net loss of $1.7 million a year earlier, while the nine-month period showed a net loss of $13.2 million versus a $7.5 million loss in the prior year period.

“The third quarter and the weeks that followed have been transformational for Trilogy Metals,” said Tony Giardini, President and CEO. “With a defined permitting timeline, the investment by the U.S. Government, and a clear line of sight to a Record of Decision, Arctic is well positioned to become a cornerstone of a secure, domestic copper supply chain.” Read the release.

Phillips Edison & Company, Inc. (Nasdaq: PECO) Phillips Edison & Company reaffirmed its full year 2026 earnings guidance and increased its gross acquisitions guidance to a range of $600 million to $700 million from $500 million to $600 million, after acquiring $459.7 million in assets and selling $174.0 million year to date through September 30, 2026.

The reaffirmed midpoint of full year 2026 Nareit FFO per diluted share guidance represents 6.3% year-over-year growth, while Core FFO guidance midpoint represents 6.2% growth and same-center NOI guidance midpoint represents 3.7% growth.

“We’re pleased to reaffirm our guidance for full year 2026 Core FFO per share growth, which reflects 6.2% year-over-year growth at the midpoint,” said Jeff Edison, Chairman and Chief Executive Officer. “We’re able to do this while maintaining balance sheet strength and a disciplined approach to investing that have always defined PECO.”

Axogen, Inc. (Nasdaq: AXGN) Axogen completed its acquisition of BioCircuit Technologies, adding NerveTape, which the company describes as the first FDA cleared device for sutureless peripheral nerve repair.

“NerveTape represents a new standard of care as the first sutureless nerve repair option, one that is simpler, faster, and more effective than microsuturing,” said Michael Dale, President and Chief Executive Officer of Axogen.

The company expects BioCircuit to contribute approximately $6 million to fourth-quarter 2026 revenue and approximately $34 million to 2027 revenue, which was not included in Axogen’s full-year 2026 guidance of at least 24% revenue growth. Axogen continues to expect gross margin of at least 73% and to be free cash positive for the full year.

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Tin Leg Introduces New General Manager to Lead The Next Phase of Growth

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ST. PETERSBURG, Fla., Oct. 13, 2026 /PRNewswire/ — Squaremouth, the leading travel insurance marketplace, has hired Jennifer Spindler as General Manager of their leading travel insurance brand, Tin Leg.

Spindler brings more than 25 years of insurance industry leadership, with expertise in building and launching new insurance products and driving strategic growth. Before joining Tin Leg, she served as the Chief Product Officer at Specialty Program Group (SPG), the parent company of Squaremouth and Tin Leg. She also previously held leadership positions at Lemonade, PURE Insurance, Chubb, and AIG.

As General Manager, Spindler will lead Tin Leg’s product development and distribution strategy.

“Jennifer has an impressive background in the insurance industry, and a proven ability to turn customer and market needs into products and growth opportunities,” shares Rupa Mehta, CEO of Squaremouth. “Tin Leg’s strong reputation is built on keeping travelers at the forefront of everything we do, and Jennifer will help us continue to build on that foundation as we move into the brand’s next chapter.”

“I’m excited to join Tin Leg at this stage of the brand’s growth,” shares Spindler. “Tin Leg has an impressive foundation, and I look forward to building on it by identifying new opportunities through product development and additional distribution channels in order to provide comprehensive travel protection to more travelers.”

Tin Leg was founded in 2014 by the experts behind Squaremouth, drawing on more than 20 years of marketplace experience to create a product focused on comprehensive coverage, competitive value, and an easier experience for travelers.

Since launching, Tin Leg has helped over 400,000 travelers protect their travel investments and continues to demonstrate significant growth and ongoing evolution.

Known for award-winning customer service, 24/7 emergency support, and its dedicated claims team, Tin Leg holds some of the highest customer satisfaction ratings of any insurance provider on Squaremouth.com.

Learn more about Tin Leg and its travel insurance product portfolio at tinleg.com.

About Tin Leg
Since 2014, Tin Leg has provided affordable travel insurance built on over 20 years of marketplace expertise from its parent company, Squaremouth. A four-time 2026 U.S. News Award winner, Tin Leg offers tailored plans for any trip type, backed by reputable underwriters including Berkshire Hathaway, Starr, and Spinnaker.

Contact
Lauren McCormick
Manager of PR at Tin Leg & Squaremouth
press@tinleg.com

 

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abrdn Asia-Pacific Income Fund VCC Announces Normal Course Issuer Bid

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TORONTO, Oct. 13, 2026 /CNW/ — abrdn Asia-Pacific Income Fund VCC (TSX: FAP) (UEN: T21VC0235H) (the “Company”), a closed-end investment company trading on The Toronto Stock Exchange (“TSX”), announced today that the TSX has accepted notice of its intention to make a normal course issuer bid (“NCIB”), through which the Company will make open market purchases of its ordinary shares on the TSX, other designated exchanges and/or other Canadian alternative trading systems.  During the bid, which will commence on October 15, 2026 and end no later than October 14, 2027, the Company may purchase up to 1,664,763 ordinary shares, which is 5% of the total of the Company’s 33,295,277 ordinary shares issued and outstanding as of October 6, 2026. Repurchases made under the NCIB during any 30-day period will not exceed 2% of the issued and outstanding ordinary shares. The actual number of ordinary shares purchased, the time of the purchases and the prices at which the shares will be bought will depend upon future market conditions. The Company will cancel shares purchased under the bid. 

The Company has also entered into an automatic repurchase plan (“ARP”) with its broker, in order to facilitate repurchases of its ordinary shares. Under the Company’s ARP, the broker may repurchase ordinary shares under the NCIB at times when the Company would ordinarily not be permitted to repurchase its securities due to regulatory restrictions and customary self-imposed black-out periods. Purchases will be made by the broker based on the purchasing parameters agreed upon by the Company and the broker and in accordance with the rules of the TSX, applicable securities laws and the terms of the ARP. Outside of the Company’s self-imposed blackout periods, ordinary shares may also be purchased under the NCIB at the discretion of the Company.

The Company’s directors believe that from time to time the purchase of ordinary shares of the Company may be a worthwhile investment for the Company that should benefit continuing shareholders.  The Company’s directors believe that normal course issuer bid purchases of ordinary shares for cancellation may reduce the discount that may exist between the market price of the shares and the Company’s net asset value per share.

For the avoidance of doubt, the Company’s existing annual redemption feature remains unchanged and is not affected by the implementation of the NCIB.

Under the Company’s existing annual redemption program, shareholders have the opportunity to redeem up to 100% of their shares if the applicable Trading Discount Percentage for the 12-month period ending on the last Business Day of December exceeds 12.0%. The annual redemption feature and the NCIB serve distinct purposes and will operate independently. The NCIB provides the Company with the ability to repurchase shares in the open market for cancellation when the Board and management determine that such purchases are in the best interests of the Company and its continuing shareholders, including when shares trade at a discount to net asset value. The NCIB does not modify, limit, suspend, or replace any shareholder rights under the annual redemption program.

Closed-end funds are traded on the secondary market through one of the stock exchanges. The market price of a fund’s shares is determined by supply and demand and may be greater than (a “premium”) or less than (a “discount”) the fund’s net asset value (NAV). A fund’s investment return and principal value will fluctuate, and investors may receive more or less than their original investment upon the sale of shares. There is no assurance that a fund will achieve its investment objective. Past performance is not indicative of future results.

The trading price of a closed-end fund’s shares may be influenced by various factors, including market conditions, investor sentiment, and other external forces, and is not directly controlled by the fund, its Board of Directors, or its investment adviser. As a result, shares may trade at a premium to or discount from NAV at any given time. A premium to NAV may not be sustained, and a discount to NAV may increase or decrease over time. Investors should consider these risks when purchasing or selling closed-end fund shares.

Shareholders whose fund shares trade at a premium to NAV and who participate in the fund’s dividend reinvestment plan should be aware that distributions may be reinvested at prices above NAV, which may adversely affect investment results.

About Aberdeen Investments

Aberdeen Investments and Aberdeen Investments Global are the registered marketing names in Canada for abrdn Canada Limited, and abrdn Investments Luxembourg S.A. abrdn Canada Limited (“abrdn”) is registered as a Portfolio Manager and Exempt Market Dealer in all provinces and territories of Canada as well as an Investment Fund Manager in the provinces of Ontario, Quebec, and Newfoundland and Labrador.

Aberdeen Investments is among the world’s largest asset managers, with decades of experience overseeing closed-end funds dating back to the 1980s. As of June 30, 2026, the firm had approximately $527 billion in assets under management. Closed-end funds represent a core component of Aberdeen Investments’ client franchise in both the U.S. and global markets. Aberdeen and its affiliates currently manage 28 closed-end funds – 17 available in the U.S. and 11 outside the U.S. – totaling $28.3 billion in assets as of June 30, 2026.

For Shareholders Holding Shares Directly with the Fund (Non-Brokerage Accounts):
Computershare Trust Company, N.A.
1-800-992-6341
Investor Center

For Shareholders Holding Shares Through a Brokerage Account:
Please contact your financial advisor, broker, or the brokerage firm through which your shares are held.

abrdn Asia-Pacific Income Fund VCC | Aberdeen

SOURCE abrdn Asia-Pacific Income Fund VCC

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CfC St. Moritz Returns in January 2027 with Canton Network Co-Founder Yuval Rooz; Binance Co-Founder CZ; Franklin Templeton CEO Jenny Johnson; and DRW CEO Don Wilson Among Headline Speakers

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The application-only conference will bring together 250 investors, industry leaders and decision-makers at Suvretta House from January 13–15, 2027

ST. MORITZ, Switzerland, Oct. 13, 2026 /PRNewswire/ — CfC St. Moritz, the highly curated digital assets conference for investors and decision-makers, will return to the Swiss Alps from January 13-15, 2027, convening 250 leaders from across digital assets, traditional finance, technology, investment and policy.

Held at the iconic Suvretta House in St. Moritz, the conference returns as the convergence of digital assets and traditional finance accelerates and as institutional adoption, tokenization and AI reshape global markets. CfC St. Moritz is known for providing an intimate setting for the C-level leaders shaping the future of the financial system to exchange perspectives, forge partnerships and explore the trends defining its next chapter. With strict participant selection criteria and high demand for conference tickets, just 12% of applicants secure a seat.

The speaker lineup for the CfC St. Moritz 2027 so far includes:

Ambre Soubiran, Co-Founder and CEO at KaikoAnthony Scaramucci, Founder and Managing Partner at SkyBridge CapitalBrett Tejpaul, Co-CEO of Coinbase InstitutionalCarlos Domingo, Co-Founder and CEO at SecuritizeCarolyn Weinberg, Chief Product and Innovation Officer at BNYCatherine Chen, Head of VIP & Institutional at BinanceCharles Cascarilla, CEO and Co-Founder of PaxosChangpeng “CZ” Zhao, Co-Founder and former CEO at BinanceDon Wilson, Founder and CEO at DRWFred Thiel, Chairman and CEO at MARA HoldingsJenny Johnson, President and CEO at Franklin TempletonKay Swinburne, Baroness Swinburne, Member of the House of Lords of the UKMathias Imbach, Co-Founder and Group CEO of SygnumMichael Blaugrund, VP of Strategic Initiatives at Intercontinental Exchange (ICE)Nag Bharatula, Founder & Senior Portfolio Manager of G-20 GroupPeter Kerstens, Adviser at the European CommissionWai Lum Kwok, Senior Executive Director at Abu Dhabi Global Market (ADGM)Yat Siu, Co-Founder and Executive Chairman at Animoca BrandsYuval Rooz, Co-Founder and CEO at Digital Asset; Co-Founder of Canton Network

The 2027 edition marks a new chapter for the conference, with Canton Network joining as main partner following three years of involvement with CfC St. Moritz. The expanded partnership reflects the organizations’ shared focus on connecting traditional and digital finance and advancing the real-world adoption of blockchain technology.

Yuval Rooz, Co-Founder and CEO of Digital Asset and Co-Founder of the Canton Network, said: “Having attended CfC St. Moritz for several years, I’ve seen firsthand what makes this gathering unique. It brings together leaders from traditional finance, digital assets, technology and policy at a time when these worlds are becoming increasingly interconnected. That closely reflects what we are building at Canton: infrastructure that enables markets and institutions to connect and operate across a more integrated financial system. We’re proud to deepen our longstanding relationship with CfC St. Moritz as main partner and look forward to returning in January.”

Nicolo Stöhr, CEO of CfC St. Moritz, said: “Our ambition has always been to create an environment where industry leaders can have meaningful conversations and build lasting relationships. As traditional finance and digital assets continue to converge, bringing these different perspectives together has never been more relevant, and many of the conversations we have been having for years are becoming real strategic decisions for institutions, investors and policymakers. We’re looking forward to welcoming an exceptional group back to St. Moritz in 2027 and creating the space for the discussions that will shape the year ahead.”

For 2027, CfC St. Moritz will further strengthen the conference environment by introducing the Suvretta House Rules, establishing confidentiality as the default across conference sessions and conversations. The decision to introduce new confidentiality guidelines is intended to encourage even more open and candid exchange in a now truly private environment.

Ahead of the main conference, the CfC St. Moritz Pre-Opening will return on January 11–12, 2027. The two-day program brings participants together before the formal agenda begins through a series of curated outdoor activities and informal gatherings across the Engadin Valley, creating additional opportunities to build relationships away from the conference stage.

Applications to attend CfC St. Moritz 2027 will open on October 14, 2026. Further details on the 2027 agenda, speakers and partners will be announced in the coming months.

About the CfC St. Moritz

The CfC St. Moritz is an intimate circle of hand-picked opinion leaders and investors in the private and unique setting of the Swiss Alps. The annual application-only conference fosters a culture of genuine connection and deliberately admits a maximum of only 250 international UHNWI, family offices, funds, and institutional investors, uniting the traditional finance sector and the crypto industry. Founded in 2017, CfC St. Moritz has since held nine in-person conferences in St. Moritz, one in Half Moon Bay, California, two virtual conferences during the pandemic, and several smaller events.

www.cfc-stmoritz.com | LinkedIn | Twitter | Instagram

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