Markets

On September 18, 2025, a U.S. court ruled against Gold Reserve Ltd. in its bid to acquire PDVH shares, granting the Special Master’s request to terminate Gold Reserve’s share purchase agreement with Dalinar Energy and proceed with a SPA with Elliott’s Amber Energy. The judge emphasized that this decision aligned paperwork with the Special Master’s recommendation and didn’t reflect a final decision on the superior bid. A written order is forthcoming. The case involves competing bids for PDVH shares from Gold Reserve and Elliott.

PA Health & Wellness, a Centene subsidiary, earned a top ranking in NCQA’s 2025 Health Plan Ratings, placing among the top 14 Medicaid plans nationally. This reflects their commitment to accessible, high-quality healthcare in Pennsylvania. The ranking is based on clinical quality, member experience, and health outcomes. PA Health & Wellness emphasizes preventative care, chronic condition management, and innovative care models, including participation in the Community HealthChoices Program and partnerships with local organizations. They utilize data analytics for personalized care and improved patient engagement.

Duff & Phelps Utility and Infrastructure Fund Inc. (DPG) announced its latest dividend payments for common stock. The fund will distribute $0.07 per share with ex-dates of October 31, November 28 and December 31, 2025, and payable dates in November and December of 2025, and January 2026. The fund operates under a managed distribution plan distributing all available investment income and may distribute realized capital gains or return of capital to maintain a consistent monthly distribution.

Cars.com reports a surge in EV demand as the federal tax credit deadline of September 30, 2025 approaches. 78% of EV shoppers consider the credit a key factor, with 47% accelerating purchases. Demand for new EVs is up 33% year-over-year, and used EV demand increased by 22%. Cars.com highlights top EV picks like the Hyundai Ioniq 6/5 and Kia EV9. Used EV inventory has jumped 38%, with faster sales and dropping Tesla prices. Automakers are also focusing on more affordable EV models.

Sivers Semiconductors announced an $8.3 million directed share issue to Swedish and international institutional investors, managed by Pareto Securities AB. Funds will accelerate R&D (60%), support strategic investments like acquisitions and talent (20%), and optimize capital structure (20%). The company is focusing on high-growth markets in SATCOM and AI data centers and aims to strengthen its position through strategic partnerships, expanded product offerings, and a growing customer pipeline. Board members and the CEO intend to participate in the offering.

Amentum announced a significant expansion in the UK, creating 3,000 jobs over four years due to growing demand in nuclear power and defense. This follows discussions between Amentum’s CEO, the U.S. President, and the UK Prime Minister, emphasizing transatlantic partnerships. Amentum is a key partner in UK nuclear projects like Hinkley Point C and Sizewell C, and provides services for the Royal Navy’s submarine fleet. The expansion includes investments in digital engineering, AI, and automation.

Palo Alto Networks (PANW) launched “Be A Genius. Deploy Bravely,” an AI-driven marketing campaign featuring historical innovators. Utilizing tools like Google Veo and Gemini, PANW significantly reduced ad production time from nine months to one week and costs from millions to under $1,000 per ad. AI was also used to predict ad effectiveness. The campaign, appearing on platforms like CNBC and LinkedIn, signals a move towards AI in marketing, mirroring a broader industry trend of AI adoption. PANW emphasizes the security of AI initiatives with its Prisma® AIRS™ platform.

Palo Alto Networks launched an AI-driven marketing campaign, “Be A Genius. Deploy Bravely,” showcasing AI’s potential while promoting secure AI deployment. The campaign, featuring AI-generated ads of historical innovators, achieved significant cost and time savings, reducing production timelines from nine months to one week per ad, and costing less than $1,000 per ad. Palo Alto Networks aims to demonstrate AI’s transformative power and position itself as a leader in secure AI adoption, aligning with their AI security platform, Prisma® AIRS™.

Kennedy Wilson will acquire Toll Brothers’ interests in apartment and student housing assets for $347 million, adding over $5 billion of assets under Kennedy Wilson management. This includes $2.2B AUM through acquired stakes in 18 properties, and $3B AUM through managing 20 properties for Toll Brothers. Kennedy Wilson also gains a pipeline of 29 development sites representing $3.6B in potential capital. The acquisition includes the Toll Brothers Apartment Living management team and establishes a strategic partnership for future deal referrals. The transaction is expected to close in October 2025.

Regency Silver Corp. (RSMXF) will commence a 4,500-meter drill program at its Dios Padre project the week of September 25th, 2025, contracted to Bylsa Drilling. The program, consisting of 6-8 holes, aims to expand on previous high-grade gold, copper, and silver discoveries, including intercepts up to 38.0 meters of 7.36 g/t gold. The company has secured permits and prepared drill pads, seeking to refine the geological model and demonstrate continuity of high-grade zones for future resource estimation.