Powerus, a defense tech company specializing in autonomous drones, went public on Nasdaq through a merger on October 1, 2026. Within a day, its shares were tokenized and made tradable on the Solana blockchain, allowing investors to trade the stock 24/7 outside traditional brokerage hours. This move highlights a shift in financial markets where blockchain technology is used to increase the portability and accessibility of conventional equities. Powerus aims to scale its autonomous systems business with the public listing, while the tokenization experiment signals a new era of integrating blockchain with traditional capital markets.
Powerus' public listing and tokenization on Solana provide context for digital asset markets. As of Oct 03, 2026 02:51 WIB, 13 of 50 major cryptocurrencies on Pluang rose while 36 fell. Notable moves include SAND up 38.62% at Rp1.101 with a 95% buy order activity, BAL up 11.14% at Rp16.297, and SXP down 46.27% at Rp37, with typical hold times ranging from 85 to 123 days.
NetApp's stock price target was increased from $215 to $260 following its robust fiscal 2027 Q1 results, which included $2.03 billion in revenue and $2.58 non-GAAP earnings per share, both exceeding estimates. The company is advancing its AI infrastr...
NextEra Energy and partners are developing Project Star, a $22.3 billion natural gas-powered energy campus in Encinal, Texas, aimed at powering a large data center and supplying the grid. The campus will have 6.47 gigawatts of generation capacity, wi...
UBS has increased its price target for G-III Apparel Group to $27.00 from $26.00, reflecting confidence in the company's financial health and market position. Although the current share price slightly exceeds UBS's target, other analysts see potentia...
Enerflex secured a contract to build about 450 megawatts of natural gas-fired power units for a North American data center developer, with deliveries starting in 2027 and completing in 2028. The company’s 2026 capital spending includes $15 million fo...
Kenorland Minerals has issued a total of 45,794 shares at $2.498 each to Sumitomo Metal Mining Canada and Centerra Gold to allow them to maintain their 10.1% and 9.9% ownership stakes, respectively. This issuance raised approximately $114,393 in gros...
