SeaStar Medical Holding Corporation (Nasdaq: ICU) entered definitive agreements on October 2, 2026 for the immediate cash exercise of about 854,002 previously issued warrants from June 2025, July 2025 and August 2025. The exercise price was reduced from $6.38 to $7.62 per share to $3.866 per share. The company expects aggregate gross proceeds of approximately $3.3 million, before deducting placement agent fees and other offering expenses.

Amazon’s AWS revenue rose 36.7% year over year, supported by a $496 billion backlog that offers strong visibility into future cloud and AI demand. Advertising revenue increased 26% to $19.8 billion, while North America retail margins climbed to 7.9%. The company plans roughly $220 billion of capital spending in 2026, which could pressure cash flow in the near term even as profit expansion absorbs the valuation impact.

Saudi Aramco CEO Amin Nasser warned that global oil inventories are at extremely low levels, saying Western countries’ emergency reserve releases amount to the “last major tool in the box.” The comments came after G7 nations said they would release 100 million barrels of crude oil and fuel to ease pressure on diesel prices. Even so, diesel prices have remained elevated, while oil has held near $102 per barrel.

Seven OPEC+ members decided on Sunday to keep their November oil output targets unchanged, with combined required production totaling about 31.0 million barrels a day. Saudi Arabia’s target is 10.478 million barrels a day, Russia’s 9.949 million, and Iraq’s 4.431 million. Shipping through the Strait of Hormuz remained extremely low, averaging about 3.7 vessels a day in September, far below the prewar 68. OPEC+’s monitoring committee warned that repairing damaged energy infrastructure is slow and costly.

Saudi Aramco CEO Amin Nasser said global oil inventories have been depleted. He said rebuilding stockpiles could take up to two years even if Middle East exports recover. Nasser described current inventory levels as “scarily thin,” pointing to ongoing supply tightness.

HDFC Bank said it has appointed former ICICI managing director and CEO Anup Bagchi as its next chief executive, succeeding Sashidhar Jagdishan when his term ends on Oct. 26, 2026. Jagdishan’s tenure included the bank’s 2023 merger with its parent and other controversies, including fines on senior executives and a U.S. securities class action lawsuit. Bagchi takes over with the stock down 27% from its end-of-last-year high and net interest margins easing to 3.34% in March 2026 from 4.1% in 2023.

Wealth manager TEAM will acquire Hedley & Company Stockbrokers Limited for total consideration of £3m, to be paid in cash and TEAM shares. The deal comprises £1.5m payable at completion and £1.5m in deferred consideration. Lancashire-based Hedley & Co has around £383m in assets, including roughly £173m in funds under management. The transaction is subject to regulatory approval.

Gulf oil exports are recovering, but attacks on tankers continue and shipping costs are surging. To draw sailors to high-risk routes, shipowners are paying bonuses of up to $25,000. The payouts are adding to upward pressure on global oil prices.