Viking Global Technologies adopts new name, continues trading as CEIN on OTCQB

Hyperliquid Strategies tripled its share buyback program to $100 million, with shares trading below net asset value. The company holds $HYPE tokens and its stock, $PURR, trades at a 0.89x multiple to NAV. The buyback aims to retire 3.8% of shares, offering per-share accretion. The decision reflects a balance between buybacks and $HYPE accumulation, with potential impacts on staking yields and NAV.

Strawberry Fields REIT CEO highlighted growth strategy, 100% rent collection, and operator financial health. The company focuses on skilled nursing facilities, benefiting from aging demographics and regulatory barriers. It closed a $200M credit line, has low leverage, and trades at a discount to peers due to limited liquidity. The company generates $74M in AFFO, with a 10.5x AFFO valuation.

SK Group Chairman Chey Tae-won's visits to a New York steakhouse have drawn attention to SK hynix's (000660.KS) plans for a NAND flash plant in New York state via its subsidiary Solidigm. SK hynix has halted Solidigm's IPO plans due to market conditions but remains committed to investment. The plant aims to diversify production and meet local manufacturing demands.

Braskem (BVMF) and creditors are close to a $11bn debt restructuring deal, with proposals involving equity injections and debt-to-equity conversions. Creditors' plan includes $4bn in initial capital, while Braskem's proposal totals $5bn. Both sides have until November 22 to finalize the agreement, with Petrobras (NYSE:PBR) and IG4 Capital Group retaining control under Braskem's plan.

Samsung Electro-Mechanics, a Samsung Group subsidiary, received investments from Nvidia (2.6 trillion won) and Tesla (1.1 trillion won) for AI semiconductor production. The company produces MLCC and FC-BGA, crucial for AI data centers and semiconductors. Nvidia and Tesla aim to secure stable substrate supplies for their AI and automotive technologies.

Strategy increased its preferred-share repurchase authorization to $3 billion. The company spent $193 million on share buybacks and acquired 267 BTC in the same period. Perpetual preferred shares have no fixed maturity, potentially easing refinancing pressure and attracting yield-seeking investors.