Why is Hoyne Bancorp stock surging 7% today?

Oracle plans to buy power from Wisconsin's Point Beach Nuclear Plant for its $15B AI data center, aiming to save customers $300M in fuel costs (2027-2033). The deal, pending regulatory approval, could reduce rate hikes but details are pending. We Energies seeks to extend its power purchase agreement with the plant.

Nasdaq, Inc. (NDAQ) will add Moderna to the Nasdaq-100 Index, replacing Warner Bros. Discovery, effective Oct. 9, 2026. This change reflects Moderna's market position relative to its peers, according to Nasdaq.

Nike (NKE) reported a 26% decline in Chinese sales, leading to a 8.5% stock drop. The company plans a restructuring to save $2.5B by 2031, including layoffs. Nike's dividend yield is 4.76%, and its GF Value suggests a 51.6% undervaluation. Insider sales totaled $771,333 in the last three months.

CScale, a Silicon Valley data center optical interconnect startup, launched after securing $145M in Series C funding. Investors include Nvidia and Intel Capital.

Lyft agreed to pay $272 million to settle a California lawsuit alleging wage theft by misclassifying drivers as contractors. The settlement, pending approval, is the largest of its kind in the state. Lyft claims the case predates Prop 22, which allows driver classification as contractors. Uber, also named, continues to contest the allegations.

GM reported Q3 U.S. sales of 670,974 vehicles, down 6% YoY due to EV market contraction and discontinued models. Top sellers like Chevrolet Silverado and Equinox maintained strong demand. GM highlighted growth in full-size pickups, small SUVs, and fleet sales. The company plans to launch next-gen Silverado and Sierra in Q4. Chevrolet Trax sales rose 16%, while Cadillac expanded its luxury EV market lead.