BuildDirect announces non-brokered private placement of up to $5M (BDCTF:OTCMKTS)

Alphabet (GOOGL) shares rose 0.34% to $289.14 after committing $10B to buy Anthropic shares at IPO. Anthropic set a $70-$78/share range. Seven companies, including Nvidia, AMD, and Microsoft, are buying $26B of nonvoting shares.

Marriott International declared a quarterly dividend of $0.73, yielding 0.7%. It raised its 2026 capital return target to $4.8B, including buybacks. Q3 revenue grew, with adjusted EBITDA at $1.51B. Full-year EPS guidance is $12.07-$12.14. Risks include negative book value and regional RevPAR declines.

Goldman Sachs, Citigroup, Banco Santander, and Deutsche Bank have each committed approximately $270M to a joint stablecoin venture, according to Bloomberg News. The project involves 21 global financial institutions. The investment highlights growing interest in digital currencies among traditional banks.

Toyota Motor (TM) announced a plan to return up to 14 trillion yen ($89 billion) to shareholders over five years, including share buybacks and increased dividends. The company raised its annual profit forecast and reported strong hybrid vehicle sales. Shares surged 17% in Tokyo. Investors will watch if Toyota can balance shareholder returns with investments in new technologies and robotics.

PepsiCo plans to cut around 1,000 jobs in North America to streamline operations, according to a letter from CEO Ram Krishnan. The company aims to simplify its structure and improve coordination. PepsiCo has faced challenges in North America, including sluggish soda sales and higher input costs, leading to a revised 2026 core earnings per share growth forecast of 2.5% to 3.5%.

Solvay S.A. successfully priced a €500 million 7-year senior unsecured bond offering with a 4.75% annual coupon, attracting over 4 times oversubscription. The notes, rated BBB- by S&P, will mature in 2033 and are expected to list on the Luxembourg Stock Exchange. Proceeds will be used for general corporate purposes, including partial refinancing of €750 million bonds due in 2028. Solvay also launched a tender offer to repurchase up to €375 million of its existing bonds.