DSS, INC. (DSS): Entry into a Material Definitive Agreement

DSS, Inc. (NYSE American: DSS) said it has withdrawn its previously filed Form S-1 registration statement with the SEC. The company attributed the decision to a review of current market conditions and deal terms, concluding the offering would not reflect its view of shareholder value. DSS said it will keep evaluating financing options and noted no change in business outlook.

Visa (V) deposited $405M into its U.S. litigation escrow account, reducing Class B share conversion rates and trimming the fully diluted Class A share count. This move, part of its U.S. retrospective responsibility plan, is EPS-accretive. Visa reported Q3 2026 net revenue of $11.6B (up 14% YoY) and GAAP net income of $5.6B, with $6.2B returned to shareholders via buybacks and dividends. However, litigation provisions and rising expenses present challenges.

Alibaba (9988.HK) plans to expand its AI cloud infrastructure to 20GW by 2032, up from 15GW previously announced. The company has invested heavily in AI, with capital expenditure reaching 190 billion yuan by June 2026. Alibaba's free cash flow turned negative in FY2026 due to AI investments, but its e-commerce segment remains profitable. The company raised HK$800 billion in August 2026 for AI investments, but its share price fell.

Riot Platforms repaid a $200 million crypto-backed debt to Coinbase Credit, releasing pledged bitcoin, USDC, and cash. The company is shifting its focus to AI and high-performance computing, securing a $9.1 billion deal with Anthropic. As of June 30, 2026, Riot had 5,821 bitcoin as collateral, about half of its holdings.

Uber was ordered to pay $40 million to a family after their daughter, Emily Normandin-Parker, was killed following being kicked out of an Uber car on a freeway. The driver, Vu Tran, argued he was an independent contractor, but the judge ruled Uber was responsible. Uber disputes the decision, stating they believe the arbitrator was wrong. The family rejected an earlier $20 million settlement offer, saying it was never about money.

Sandisk (SNDK) announced a $14 billion buyback, adding to its $15.5 billion authorization. The company reported a 51% sales jump and 77% net profit margin. Sandisk's memory products are in demand for AI infrastructure, with projected 30.6% CAGR growth in the AI industry through 2033, according to Grand View Research.