Yimutian Regains Compliance With Nasdaq Minimum Stockholders' Equity Requirement

Yimutian Inc. (Nasdaq: YMT) said Nasdaq’s Hearings Panel granted its request to transfer its listing from the Nasdaq Global Market to the Nasdaq Capital Market. The decision followed a July 8, 2026 hearing and is tied to meeting bid price and stockholders’ equity conditions by Sept. 29, 2026 and Sept. 30, 2026.

Meta Platforms (META) announced a stock split alongside its Q3 results. Revenue rose 26% YoY to $64.6B, while operating income fell 37% YoY to $13B due to a $9.89B legal charge. EPS increased 265% YoY to $3.83. The company plans to issue Class C non-voting shares to fund AI initiatives, including its Muse AI agent, which has seen strong adoption.

TeraWulf's stock hit a six-month low, down 60% since June, as the company expanded its credit line to $400 million for AI data center expansion. It secured a 20-year lease with Anthropic for 401 megawatts, expecting $19 billion in revenue. Morgan Stanley arranged the financing. WULF stock closed at $11.32, down 3.1% this week.

Hyperliquid Strategies expanded its share buyback program to $100M, with $72M remaining, as HYPE token fell 23% from its high. The buyback targets PURR shares, not HYPE tokens. Hyperliquid faces competition in RWA futures from Binance and OKX, with its market share dropping to 26%. HYPE is trading at $75.46, with key support at $75 and resistance at $80.

Getty Images filed for Chapter 11 bankruptcy, announcing a restructuring plan to go private. The company faces debt and AI competition. Koch Equity Development will invest $533M, with up to $143M in interim financing. Getty aims to complete the process by 2026, with normal operations continuing. The move follows the collapse of a merger with Shutterstock.

Ford, GM, and Stellantis shares declined during the week ending Oct. 23. GM's drop coincided with its earnings report and a $20 billion buyback announcement. The decline may reflect market reaction to earnings and broader sector trends.