Hyperliquid whales net $48M on 200% XPL rally, amid manipulation allegations

Meta Platforms (META) is reorganizing its communications leadership, promoting Tucker Bounds to head global communications and moving David Ginsberg to an AI product role. The changes aim to strengthen public messaging and AI integration amid regulatory challenges and legal settlements, including a $16.7B youth safety case.

Moody's upgraded Petco Health and Wellness Company's (WOOF) rating to B2 from B3, citing operational improvements and debt reduction. The company has scaled back promotions, overhauled products, and expanded higher-margin services. Moody's expects adjusted leverage to stay around 3.5x debt-to-EBITDA and interest coverage at 1.5x over the next 12-18 months. Petco's annual revenue is approximately $6.0 billion.

Coca-Cola officer Jennifer Mann plans to sell 184,117 shares, valued at $16.2M, on September 28, 2026. The shares are linked to a cash exercise of stock options. Morgan Stanley Smith Barney LLC is the broker.

Blackstone's (BX) longtime private equity head Joe Baratta is leaving at year-end, according to Bloomberg. Baratta, who joined in 1998, will not be replaced. Blackstone manages $450B in assets, with Schwarzman and Gray remaining as top executives. Recent leadership changes include departures in real estate and growth strategy.

Meta Platforms Inc. is launching a new AI business unit, Meta Enterprise Platform, led by former MongoDB CEO CJ Desai. The unit will focus on enterprise AI services, including Muse AI agents and APIs. MongoDB's shares fell over 18% following Desai's departure. Meta's new LLM, Muse Spark 1.3, outperformed competitors in benchmarks and is designed for cost-efficiency.

Acuity Brands (AYI) stock fell 4.3% after William Blair downgraded it to Market Perform, citing weak demand, rising costs, and downside risk to fiscal 2027 EPS estimates, now projected at $20.50–$22.00. The firm noted delays in orders and competitive pricing pressure in the ABL segment. The broader market also declined, amplifying the sell-off. AYI's stock opened at $300.01 and partially recovered to $305.59.