Finance news on October 22, 2026

1. 0101:32 UTC

   Bank OZK's real estate book shrinks as payoffs rise

   2 outlets · first: Yahoo Finance Banking

   Machine summary The bank posted $164.3M in third-quarter profit, down 9% year over year, and cut its 2026 loan growth forecast to 3% to 5%.

   1. RESG total commitments stand at $25.4B, down $9.1B from their March 2024 peak, according to the bank's disclosures
   2. Third-quarter profit was $164.3M, a 9% drop year-over-year, and shares closed at $48.09 on October 21, 2026, up 4.2%
   3. Bank OZK trimmed its 2026 loan growth forecast to between 3% and 5%.

   Reported by Yahoo Finance and Bisnow.

   • Real Estate Specialties Group (RESG)
   • Bank OZK

2. 0202:00 UTC

   Tiger Brokers Singapore receives SIAS best retail broker award

   2 outlets · first: Pr Newswire Markets Mostly press releases

   Machine summary Tiger Brokers (Singapore) announced it was named Best Retail Broker in Singapore at the SIAS Investors' Choice Awards 2026, with CEO Ian Leong accepting at a 21 October ceremony at Orchard Hotel Singapore. In the same announcement, the company reported Q2 2026 trading volume in Singapore up 92 percent year-on-year and orders up 46 percent, with active trading accounts rising for a tenth consecutive quarter.

   1. Tiger Brokers Singapore announced it received the Best Retail Broker in Singapore award at the SIAS Investors' Choice Awards 2026, with CEO Ian Leong accepting at a ceremony on 21 October 2026 at Orchard Hotel Singapore.
   2. According to the company, its Singapore trading volume rose 92 percent year-on-year in the second quarter of 2026, and orders grew 46 percent over the same period.
   3. The company states active trading accounts increased for a tenth consecutive quarter as of Q2 2026; no absolute account figures were disclosed.
   4. SIAS and Singapore Management University jointly developed the brokerage evaluation criteria, with SMU conducting qualitative research across six areas including technology, disclosure and security, and customer service, the announcement says.
   5. The MAS-led Equities Market Review Group published its final report in November 2025 with measures to widen retail access, the announcement states.

   Reported by Pr Newswire and Yahoo Finance.

   • Singapore Management University (SMU)
   • SIAS Investors' Choice Awards 2026
   • Securities Investors Association (Singapore) (SIAS)

3. 0316:49 UTC

   Coverage recordSeeking Alpha: “Elon Musk makes $1B investment in Skydance - Semafor”

   2 outlets · first: Seeking Alpha Markets

   Reports ran between 16:49 and 17:36 UTC on Oct 22.

   The outlets that reported this event are listed with links to their reports; no summary of ours passed our automated checks for it, which says nothing about the event (how they work).

   Reported by Seeking Alpha and techcrunch.com.

   • Elon Musk
   • Semafor

4. 0417:28 UTC

   Wyndham raises revenue floor, guides $740M-$745M adjusted EBITDA

   2 outlets · first: Seeking Alpha Earnings

   Machine summary Wyndham Hotels & Resorts reported Q3 2026 net revenue of $410 million, up 7%, and adjusted EBITDA of $207 million, which the company described as 5% comparable-basis growth. Full-year adjusted EBITDA guidance was set at $740 million to $745 million and net revenue at $1.48 billion to $1.50 billion, with the bottom of the range raised. US RevPAR grew 6% in the quarter while China RevPAR declined 10%, which the company attributed to softer tier-two city travel demand.

   1. Q3 2026 net revenue was $410 million, up 7%, which Wyndham attributed to RevPAR and net rooms growth plus higher franchise and ancillary fees
   2. Adjusted EBITDA was $207 million, a 5% comparable-basis increase the company linked to higher underlying royalty revenues; adjusted diluted EPS was $1.43, up 9% on a comparable basis
   3. US RevPAR grew 6% year over year while global RevPAR rose 2% in constant currency, a 400 basis point sequential improvement from Q2 2026; China RevPAR fell 10% on softer tier-two city demand
   4. Global pipeline reached 264,000 rooms, which Wyndham called a record for the 25th consecutive quarter, with an approximately 30% FeePAR premium; system size was 864,400 rooms excluding Revo, up 4%
   5. Wyndham repurchased $91 million of stock in the quarter (1.2 million shares at an average $73.39), paid $32 million in dividends at $0.43 per share, and reported $269 million of year-to-date free cash flow

   Reported by Seeking Alpha and Motley Fool.

   • Wyndham Hotels & Resorts
   • Revo

5. 0513:00 UTC

   Slingshot raises $27M and pursues a carrier acquisition

   2 outlets · first: Crunchbase News Markets

   Machine summary Slingshot Insurance raised $27 million in seed funding co-led by Rally Ventures and Skyward Group and told Crunchbase News it is pursuing an acquisition that would let it back policies itself. The company currently earns revenue as a technology provider while outside insurers carry the risk, according to the report. Slingshot says Vertical Insure, its first client, has over 750,000 customers, with premiums averaging $25.

   1. Slingshot Insurance raised $27 million in seed funding, co-led by Rally Ventures and Skyward Group, Crunchbase News reported exclusively
   2. Rally Ventures also co-founded the Minneapolis startup and has co-founded roughly eight portfolio companies, the report states
   3. According to Slingshot, Vertical Insure, its inaugural customer and design partner, provides coverage to over 750,000 customers with an average premium of $25.
   4. According to CEO Ethan Genteman, the firm is working toward an acquisition that would enable it to underwrite its own policies; at present, it generates income as a technology provider that partners with external insurers.
   5. Insurance industry veteran Jim Hays participated in the round and will join Slingshot's board, the report states

   Reported by Crunchbase News and news.lavx.hu.

   • Embedded Insurance
   • Slingshot Insurance
   • Rally Ventures
   • Skyward Group
   • Vertical Insure

6. 0600:58 UTC

   Lam Research posts record $8.2 billion quarter as margins cross 40%

   1 outlet · first: Motley Fool Earnings

   Machine summary Lam Research reported $8.2 billion in revenue for its September 2026 quarter, which the company described as 54% growth versus the same period in 2025, alongside a record 52.4% non-GAAP gross margin and a 40.2% non-GAAP operating margin. Non-GAAP diluted EPS was $2.20, free cash flow was $3.2 billion, and the company allocated $1 billion to share repurchases with $3 billion remaining on its board-authorized program. For calendar year 2026, management estimated that wafer fab equipment spending would be in the mid $150 billion range, and preliminary expectations it gave for calendar year 2027 were above $200 billion.

   1. For the quarter ending September 2026, Lam Research posted revenue of $8.2 billion, a figure the company characterized as a 22% rise from the prior quarter and a 54% increase compared with the corresponding period of 2025.
   2. Non-GAAP gross margin was 52.4%, described by the company as an all-time record, and non-GAAP operating margin reached 40.2%, which the transcript calls the first time above 40% in company history
   3. Memory systems revenue was 46% of total systems revenue, a record dollar level the company said grew 120% versus the prior year; foundry systems revenue was also 46% and logic and other was 8%
   4. For calendar year 2026, wafer fab equipment spending was estimated by management at the mid $150 billion range, and preliminary expectations for calendar year 2027 pointed to more than $200 billion.
   5. Chief Executive Officer Tim Archer said the company now expects cumulative Aether-related revenue of approximately $2.5 billion by the end of the decade, about $1 billion above prior expectations

   Reported by Motley Fool and The Motley Fool Team.

   • Lam Research
   • Aether

Each summary and its key facts are a machine summary of the reports linked under it; the outlets, times and counts come from those reports' own records. How a rundown is built.