Market Signal Briefing

XRP’s Quiet Accumulation Phase: Why Weak Price Action May Be Setting the Stage for a Bigger MoveAccording to market analyst Diana, XRP may look fragile on the surface, but on-chain data tells a different story. While short-term traders focus on price candles, the market is shifting toward strategic positioning, where smart money accumulates as retail interest cools.

XRP is currently trading around $2.08, per CoinCodex data, holding firmly within the key $2.00–$2.08 accumulation zone. 

Source: CoinCodexWell, the chart might signal weakness, an apparent downtrend marked by fading momentum, compressed volatility, and seemingly stagnant price action. But this quiet, uneventful phase is precisely what fuels doubt and shakes out impatient traders, even as strategic positioning often unfolds beneath the surface amid XRP holding the psychological price of $2. 

Technically, XRP is exhibiting conditions that often precede major price moves. Volatility is deeply compressed, with a clear Bollinger Band squeeze and a subdued Average True Range (ATR). 

History shows these phases are short-lived. Markets don’t stay quiet, they coil. While these indicators don’t predict direction, they strongly suggest pressure is building for a decisive expansion.

One of the most underappreciated signals is sentiment. Google Trends data shows XRP at just 18, an indication of near-absent retail interest. While that’s hardly a bullish headline, it is a textbook bottoming signal. 

Historically, major accumulation phases form when retail attention fades, media coverage dries up, and market excitement disappears. That silence is often when long-term players step in quietly, building positions without pushing prices higher.

Liquidity dynamics reinforce this view. A larger pool of liquidity sits below the current price, increasing the probability of downside sweeps or stop-hunts. These moves are designed to flush out weak hands before a meaningful expansion unfolds. It’s a familiar crypto pattern: shake out first, then move decisively.

Well, XRP’s apparent weakness may be deceptive. Despite an uninspiring chart, compressed volatility, fading retail interest, and deliberate liquidity positioning all point to quiet accumulation beneath the surface. For experienced market participants, this isn’t a panic zone, it’s a preparation zone.

ConclusionXRP may look stagnant, but beneath the surface, a strategic accumulation is underway. Compressed volatility, fading retail interest, and discreet liquidity flows indicate smart money is quietly positioning for a potential breakout. Well, this quiet phase could be the calm before the next major move.

With investors' artificial intelligence focus turning to agentic AI, UiPath stock could be a long-term winner.

Generative AI, the first widely accessible iteration of artificial intelligence, is still growing rapidly, but intrepid investors are already pondering what's next. The answer now appears to be agentic AI.

Understanding what agentic AI is doesn't require a computer science or an engineering degree. It simply refers to computer programs and robots that can -- once instructed to do something within their scope -- operate autonomously, accomplishing tasks at a human level with limited or no human oversight.

If agentic AI takes off, this stock could mint millionaires. Image source: Getty Images.

Understanding UiPath's agentic AI proposition Due to agentic AI technology being in its infancy, there aren't many pure-play investment opportunities in it -- but UiPath (PATH 3.77%) is one. Alone, that may be enough for some investors to swoon over the stock's millionaire-maker potential, and that perspective is enhanced by its 14% gain over the past year to a market capitalization of $8.2 billion as of Thursday. Notably, it was significantly higher earlier this month, prior to a volatile dip that appeared to have been triggered by the market taking note of the CEO's sales of the stock. That said, UiPath has a long way to go before it gets anywhere close to the pantheon of the most extensively held and well-known AI stocks.

Only time will tell whether UiPath can ascend to large- or megacap territory, but it is clear that the company is establishing a position of dominance in robotic process automation (RPA). With RPA, software-based robots automate mundane tasks that have traditionally been performed by humans, including data entry, file sorting, and transaction processing.

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That's not robots performing surgeries or traveling in space, but the proof is in the pudding when it comes to demand for UiPath's agentic AI services. As of the end of its most recent fiscal quarter, the company had nearly 10,900 customers, with more than 2,500 of them providing annualized renewal run rates (ARRs) of at least $100,000.

The ARR and revenue metrics are pointing in the right direction when it comes to UiPath's potential to mint millionaires among its shareholders. In its fiscal 2026 third quarter, which ended Oct. 31, ARR increased 11% year over year while sales rose 16%.

The company's client/partner roster is also impressive, featuring notable names such as Alphabet, Microsoft, and OpenAI.

UiPath offers big clients and big growth potential -- all with a market cap that's barely more than $8 billion.

Todd Shriber has positions in Alphabet. The Motley Fool has positions in and recommends Alphabet, Microsoft, and UiPath. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.

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Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

The Japanese trading house agreed to acquire Aethon's shale gas assets for $5.2 billion, its biggest acquisition ever.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Artificial intelligence startup Anthropic has appointed former Microsoft executive Irina Ghose as its managing director for India, the company said on Friday.

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Tigo MLPE technology and hybrid inverters of Italian manufacturer Weco are now certified to work together to enhance design flexibility, system performance, and seamless integration.

MONTEVARCHI, Italy--(BUSINESS WIRE)--Tigo Energy, Inc. (NASDAQ: TYGO) (“Tigo” or “Company”), a leading provider of intelligent solar and energy software solutions, today announced the Company has signed a certificate of compatibility with Weco S.r.l., documenting the compatibility between Tigo Flex MLPE products and hybrid solar inverters from Weco. The certification covers certain single-phase and three-phase Weco products and members of the Tigo TS4-A and TS4-X product families, when properly designed and installed. Together, these products are designed to deliver high-quality, enhanced value through a system that generates and manages solar energy more efficiently and delivers the features residential energy customers demand.

“The compatibility between our inverter solutions and Tigo optimizers represents a significant step forward for the entire industry, and confirms our commitment to simplifying the work of solar professionals,” said Federico Cusumano, R&D manager at Weco S.r.l. “Thanks to this certification, designers and installers can now benefit from greater sizing flexibility to optimize system configurations according to the precise requirements of each customer site. Together, Weco and Tigo are delivering a more integrated, intelligent energy ecosystem focused on long-term value for the end customer.”

The use of Tigo MLPE technology with hybrid inverters, such as those provided by Weco, enhances overall solar performance, particularly in installations that include partial shading, module mismatch, or constraints inherent to residential rooftop architecture and layout. With optimization from Tigo, solar systems become more efficient, versatile, and capable of delivering stable energy production even under non-ideal conditions. Tigo and Weco will host a joint webinar where installers can gain deeper insight into the two companies' product portfolios and explore real-world case studies that demonstrate how the technologies work together.

“For Tigo, this announcement is first and foremost about giving installers greater control at the module level without adding complexity to system design,” said Gal Bauer, senior director of validation, growth, and product management at Tigo Energy. “Certified compatibility with Weco inverters ensures that Tigo Flex MLPE technology can be deployed exactly where it delivers the most value, while maintaining a smooth commissioning process and predictable system behavior. This is yet another concrete example of how Tigo continues to build an open ecosystem that prioritizes safety, flexibility, and long-term system performance.”

A complete list of Weco products certified for use with Tigo MLPE products is available at the Tigo MLPE compatibility page, here. Installers are invited to sign up for the joint technical webinar with Tigo and Weco representatives here, scheduled for Thursday, Feb. 5 at 4:30 p.m. CET. Information about the Tigo TS4 range of Flex MLPE can be found on the Tigo product page, and commercial inquiries can be made via the sales contact form, here. For further information about Weco solutions, please visit the official Weco website.

About Tigo Energy

Founded in 2007, Tigo Energy, Inc. (Nasdaq: TYGO) is a worldwide leader in the development and provider of smart hardware and software solutions that enhance safety, increase energy yield, and lower operating costs of residential, commercial, and utility-scale solar systems. Tigo combines its Flex MLPE (Module Level Power Electronics) and solar optimizer technology with intelligent, cloud-based software capabilities for advanced energy monitoring and control. Tigo MLPE products maximize performance, enable real-time energy monitoring, and provide code-required rapid shutdown at the module level. The company also develops and manufactures products such as inverters and battery storage systems for the residential solar-plus-storage market. For more information, please visit www.tigoenergy.com.

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Intuit CEO Sasan Goodarzi joins 'The Claman Countdown' to discuss the upcoming tax season, changes to the tax code and look into how Intuit is utilizing artificial intelligence. #taxseason #taxchanges #bigbeautifulbill #taxreform #intuit #fintech #artificialintelligence #aitaxes #consumerbenefits #financialtechnology #useconomy

It's releasing new products at a dizzying pace.

As artificial intelligence (AI) innovation accelerates, Nvidia (NVDA +2.13%) is stepping up its progress. It made several important announcements recently, bringing out new technology and solidifying its position as the dominant player in AI infrastructure.

Investors who invested $10,000 in Nvidia a few years ago have been well rewarded, and if they invested early enough, they're millionaires today. But can $10,000 invested in Nvidia stock still make you a millionaire?

Image source: Nvidia.

Underpinning AI development Nvidia is known for its graphics processing units (GPUs), the semiconductors that drive generative AI. However, it's increasingly producing vertically stacked AI products that are more powerful and bring clients deeper into its ecosystem.

Management had announced the newest line of products, Vera Rubin, several months ago. However, at the tech industry's biggest annual trade show in Las Vegas last week, CEO Jensen Huang provided a detailed look at what it is. He described it as the company's "first extreme-codesigned, six‑chip AI platform," meaning it uses many interconnected parts that run efficiently to accelerate and lower the costs of inference and training. This platform is useful for data centers, which are the company's biggest growth driver today, and it's where the greatest AI development is happening.

He also spoke about several other new programs and products in the works, including open models that serve different fields, singling out Alpamayo, an open-source model to drive AI progress in autonomous vehicles.

Nvidia has relationships with most of the big tech companies, specifically hyperscalers like Microsoft and Amazon, and they rely on its power to drive their ambitions in AI. As Nvidia releases more of these vertical product lines that all work together, these clients are likely to increase their engagement with Nvidia products, creating higher barriers to entry for potential competitors.

Can Nvidia keep up its growth? The market is somewhat concerned about how long Nvidia can keep up its fantastic growth, which is one of the reasons the stock has been roughly flat over the past few months despite gaining 1,000% over the past three years.

So far, it has consistently delivered incredible performance. In the 2026 fiscal third quarter (ended Oct. 26), revenue increased 66% year over year, which is really an impressive feat for any company. Gross margin was a high 73.4%, and earnings per share were $1.30, up from $1.08 last year.

Nvidia reports 2026 fiscal fourth-quarter earnings on Feb. 25. Although there could be plenty of reasons the stock moves before that, investors are likely waiting to hear about the next update before deciding to push the stock higher or lower.

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$10,000 to $1 million is a massive gain If you had invested $10,000 in Nvidia stock 10 years ago, you'd have $2.5 million today, or a 25,300% gain. Turning $10,000 into $1 million is a 10,000% gain, and it's a rare stock that can achieve that, even over a long period of time.

Nvidia is still growing quickly, but it's already a large company, and maintaining high growth over an increasingly large base will become more challenging. For example, if it could maintain a compound annual growth rate (CAGR) of 50% over the next 10 years, it would surpass $10 trillion in sales.

Even in that fantastical scenario, though, the total at the end of the decade would be only 5 times higher than today's. And even if you cut the price-to-sales ratio in half from today's 24 to 12, you wouldn't get anywhere near a 10,000% gain for the stock. Even over a longer period of time, it seems highly unrealistic.

At this point in its journey, I wouldn't expect Nvidia to be your ticket to millionaire status from a $10,000 investment. However, it's likely to grow as it drives AI development and protects its moat, and it can serve other worthy purposes in a well-diversified portfolio.

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Phoenix Sky Harbor gate launch celebration marks new nonstop service connecting travelers to Taipei and Asian destinations through STARLUX-American Airlines Partnership

PHOENIX & TAIPEI, Taiwan--(BUSINESS WIRE)--Taiwan-based luxury carrier STARLUX Airlines touched down today in the Valley of the Sun, inaugurating its highly anticipated nonstop service between Taipei and Phoenix. The new route marks Phoenix as STARLUX’s fifth U.S. destination—after Los Angeles, San Francisco, Seattle, and Ontario, California—and its first in the American Southwest.

Flight JX026 arrived at 17:40 at Phoenix Sky Harbor International Airport (PHX) to a water arch salute, followed by a launch celebration before the return flight, JX025, departed for Taipei at 22:45.

“Today, STARLUX delivers our promise to Phoenix,” said Glenn Chai, Chief Executive Officer of STARLUX Airlines. “We are truly grateful and proud to realize this vision. Phoenix represents a vibrant and fast-growing market with tremendous business and tourism potential. Today’s launch reflects our confidence in the region and our commitment to strengthening travel and trade links ties between the U.S. Southwest, Taiwan, and the broader Asia-Pacific region.”

A Milestone for Phoenix

“This is a milestone event for the City of Phoenix,” said Mayor Kate Gallego. “STARLUX was the first to commit to ending Phoenix being the only major American city without non-stop service to and from Asia. STARLUX’s new service between Phoenix and Taipei opens the door to expanded tourism, stronger business relationships, and new opportunities for companies looking to invest in our fast-growing and vibrant region. It further strengthens Phoenix’s position as a global city and builds upon our partnership with one of Asia’s most dynamic and vital economies. We’re grateful to STARLUX and its leadership for their investment, confidence, and commitment to our community. Their presence in Phoenix helps bring jobs, economic growth, and a brighter future for all who call our city home.”

“We’re excited to welcome STARLUX to Phoenix Sky Harbor,” added Aviation Director Chad Makovsky. “This new Phoenix-Taipei route provides our travelers with the much-desired service to Asia. It not only offers travelers a chance to explore Taiwan, but to experience the entire Asia region. This new route also supports jobs, brings further economic benefits, and creates new opportunities for our airport and all of Arizona. STARLUX was the first airline to commit to nonstop service between Taiwan and Phoenix, and we sincerely appreciate their partnership, investment, and commitment to bringing this important service to our region.”

STARLUX and American Airlines – Enhanced Transpacific Travel

Through its partnership with American Airlines, STARLUX connects travelers from more than 40 U.S. cities via Phoenix to Taipei, and onward to 26 Asian destinations. This partnership enhances transpacific travel options, providing coordinated schedules and a seamless journey with the high level of comfort and service STARLUX is known for.

Inaugural Celebration at Phoenix Sky Harbor

To commemorate the launch, STARLUX held an inaugural ceremony shortly after Flight JX026’s arrival. The event featured a ribbon-cutting, a commemorative aircraft model exchange, and light refreshments, highlighting the start of an exciting new chapter in the airline’s U.S. expansion.

Speakers included Phoenix Mayor Kate Gallego; Phoenix Sky Harbor International Airport CEO Chad Makovsky; American Airlines Managing Director of Alliances Jeff Ogar; Alaska Airlines Managing Director of Partnerships & International Alex Judson; and STARLUX Airlines CEO Glenn Chai. The speakers underscored the route’s significance in strengthening cultural, economic, and aviation ties between Phoenix and Taiwan, and highlighted their shared commitment to providing travelers with greater connectivity, premium service, innovation, and expanded opportunities for cross-Pacific exchange. STARLUX operates the Phoenix-Taipei route three times weekly--Tuesdays, Thursdays, and Sundays--using its next-generation Airbus A350-900 aircraft. Here is the schedule:

Flight No.

Route

Days of Operation

Departure Time

Arrival Time

JX025

Phoenix-Taipei

Tue, Thu, Sun

22:45

04:55+2

JX026

Taipei-Phoenix

20:45

17:40

Note: Please refer to the STARLUX Airlines official website for the latest schedule and related information.

About STARLUX Airlines

Founded on the philosophy that luxury should be available to everyone, not just the elite, Taiwan-based STARLUX is a boutique international airline serving a total of 31 destinations across the US, Japan, Macau, Vietnam, Thailand, Philippines, Malaysia, and Singapore. STARLUX passengers traveling between North America and Asia are able to enjoy an easy transfer in Taipei with its five US destinations: Los Angeles, San Francisco, Seattle, Ontario, California, and Phoenix. Recognized globally for its excellence, STARLUX has been awarded Skytrax 5-Star Airline status, earned the APEX Five Star Global Airline Awards, and received a 7-Star PLUS Safety Rating from AirlineRatings. STARLUX prioritizes safety and offers unparalleled service with the goal of making flying a truly luxurious and unforgettable experience. For more information, visit https://www.starlux-airlines.com/en-US, or on our US social channels Facebook and Instagram.

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January 16, 2026 01:00 ET  | Source: BridgeBio Pharma, Inc.

The transaction is part of our strategy to lower interest expense, reduce dilution, and significantly extend debt maturityOffering priced at 0.75% interest rate and 45% conversion premium PALO ALTO, Calif., Jan. 15, 2026 (GLOBE NEWSWIRE) -- BridgeBio Pharma, Inc. (Nasdaq: BBIO) (the “Company,” “we” or “BridgeBio”), a new type of biopharmaceutical company focused on genetic diseases, announced today the pricing of $550 million aggregate principal amount of 0.75% convertible senior notes due 2033 (the “notes”) in a private offering (the “offering”) to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). In connection with the offering, the Company granted the initial purchasers an option to purchase up to an additional $82.5 million aggregate principal amount of notes. The sale of the notes is expected to close on January 21, 2026, subject to customary closing conditions.

The Company estimates that the net proceeds from the sale of the notes will be approximately $538.4 million (or approximately $619.3 million if the initial purchasers exercise their option to purchase additional notes in full), after deducting the initial purchasers’ discounts and estimated offering expenses payable by the Company.

The Company intends to use the net proceeds from the offering to repurchase, settle future conversion obligations in respect of or repay at maturity a portion of the Company’s 2.50% convertible senior notes due 2027 (the “2027 notes”) on or before the maturity date of the 2027 notes and for general corporate purposes, which may include working capital, capital expenditures and/or debt repayment. No assurance can be given as to how much, if any, of the 2027 notes will be repurchased with the net proceeds from the offering, the terms on which they will be repurchased or the timing of any such repurchases. This press release does not constitute an offer to purchase the 2027 notes.

The Company intends to use approximately $82.5 million of cash on hand to repurchase approximately 1.1 million shares of its common stock from certain purchasers of the notes in privately negotiated transactions effected through one of the initial purchasers or an affiliate thereof and entered into concurrently with the pricing of the notes, at a price per share equal to the last reported sale price of the common stock on the Nasdaq Global Select Market on January 15, 2026 (such transactions, the “share repurchases”). The share repurchases could increase (or reduce the size of any decrease in) the market price of the Company’s common stock prior to, concurrently with or shortly after the pricing of the notes, and may have resulted in a higher initial conversion price for the notes. The Company cannot predict the magnitude of such market activity or the overall effect it will have on the market price of the notes and/or the market price of the Company’s common stock.

The notes will bear interest at a rate of 0.75% per year, payable semi-annually in arrears on February 1 and August 1 of each year, beginning August 1, 2026. The notes will mature on February 1, 2033, unless earlier converted, redeemed or repurchased. Prior to November 1, 2032, the notes will be convertible only upon satisfaction of certain conditions and during certain periods. Thereafter, the notes will be convertible at any time until the close of business on the second scheduled trading day immediately preceding the maturity date. The notes will be convertible at the option of the holders, subject to certain conditions and during certain periods, into cash, shares of the Company’s common stock or a combination of cash and shares of the Company’s common stock, with the form of consideration determined at the Company’s election.

The conversion rate will initially be 9.0435 shares of the Company’s common stock per $1,000 principal amount of notes (equivalent to an initial conversion price of approximately $110.58 per share of the Company’s common stock). The initial conversion price of the notes represents a premium of approximately 45% over the last reported sale price of the Company’s common stock the Nasdaq Global Select Market of $76.26 per share on January 15, 2026.

The Company may not redeem the notes prior to February 6, 2030. On or after February 6, 2030 and on or before the 21st scheduled trading day immediately before the maturity date of the notes, the Company may redeem for cash all or any portion of the notes, at its option at any time, and from time to time, if the last reported sale price per share of the Company’s common stock has been at least 130% of the conversion price for a specified period of time and certain other conditions are satisfied. The redemption price will be equal to 100% of the principal amount of the notes being redeemed, plus accrued and unpaid interest to, but excluding, the redemption date.

Holders of the notes will have the right to require the Company to repurchase all or a portion of their notes at 100% of their principal amount, plus any accrued and unpaid interest, upon the occurrence of certain events.

When issued, the notes will be the Company’s senior unsecured obligations and will rank senior in right of payment to any of the Company’s unsecured indebtedness that is expressly subordinated in right of payment to the notes; equal in right of payment to any of the Company’s unsecured indebtedness that is not so subordinated; effectively junior in right of payment to any of the Company’s secured indebtedness and obligations, to the extent of the value of the assets securing such indebtedness; and structurally junior to all indebtedness and other liabilities (including trade payables) of the Company’s subsidiaries.

The notes and the shares of common stock issuable upon conversion of the notes, if any, are not being registered under the Securities Act, or the securities laws of any other jurisdiction. The notes and the shares of common stock issuable upon conversion of the notes, if any, may not be offered or sold in the United States except in transactions exempt from, or not subject to, the registration requirements of the Securities Act and any applicable state securities laws.

This press release does not constitute an offer to sell or a solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

About BridgeBio

BridgeBio Pharma, Inc. (BridgeBio; Nasdaq: BBIO) is a new type of biopharmaceutical company founded to discover, create, test, and deliver transformative medicines to treat patients who suffer from genetic diseases. BridgeBio’s pipeline of development programs ranges from early science to advanced clinical trials. BridgeBio was founded in 2015 and its team of experienced drug discoverers, developers and innovators are committed to applying advances in genetic medicine to help patients as quickly as possible.

Forward-Looking Statements

This press release contains forward-looking statements. Statements in this press release may include statements that are not historical facts and are considered forward-looking within the meaning of Section 27A of the Securities Act and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), which are usually identified by the use of words such as “anticipates,” “believes,” “continues,” “estimates,” “expects,” “hopes,” “intends,” “may,” “plans,” “projects,” “remains,” “seeks,” “should,” “will,” and variations of such words or similar expressions. We intend these forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 27A of the Securities Act and Section 21E of the Exchange Act. These forward-looking statements, including statements relating to whether we will issue the notes, the terms of the notes, any potential repayments of our 2027 notes, the anticipated use of the net proceeds from the offering and the expectations regarding the effect of the share repurchases, reflect our current views about our plans, intentions, expectations and strategies, which are based on the information currently available to us and on assumptions we have made.

Although we believe that our plans, intentions, expectations and strategies as reflected in or suggested by those forward-looking statements are reasonable, we can give no assurance that the plans, intentions, expectations or strategies will be attained or achieved. Furthermore, actual results may differ materially from those described in the forward-looking statements and will be affected by a number of risks, uncertainties and assumptions, including, but not limited to, those risks set forth in the Risk Factors section of our Annual Report on Form 10-K for the year ended December 31, 2024 and our other filings with the U.S. Securities and Exchange Commission. Moreover, we operate in a very competitive and rapidly changing environment in which new risks emerge from time to time. These forward-looking statements are based upon the current expectations and beliefs of our management as of the date of this press release, and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Except as required by applicable law, we assume no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

BridgeBio Media Contact:
Bubba Murarka, Executive Vice President

[email protected](650)-789-8220

BridgeBio Investor Contact:
Chinmay Shukla, Senior Vice President, Strategic Finance

[email protected] Source: BridgeBio Pharma, Inc.

Robinhood CIO Stephanie Guild shares her outlook for 2026 on 'Making Money.' #fox #media #us #usa #new #news #foxbusiness #makingmoney #economy #gdp #markets #investing #finance #stocks #wallstreet #business #growth #outlook #trading #money #wealth #jobs

The logo of Taiwan Semiconductor Manufacturing Company (TSMC) is displayed at its fabrication plant in Kaohsiung, Taiwan, June 7, 2025. REUTERS/Ann Wang/File Photo Purchase Licensing Rights, opens new tab

Jan 16 (Reuters) - The U.S. and Taiwan reached a trade deal on Thursday under which Taiwanese companies will invest $250 billion to boost production of semiconductors, energy and artificial intelligence in the United States.

The agreement includes $100 billion already committed by semiconductor giant TSMC (2330.TW), opens new tab in 2025, with more to come, according to U.S. Commerce Secretary Howard Lutnick.

Sign up here.

TSMC, the world’s largest contract chipmaker, hinted at plans to build more manufacturing capacity in the U.S. during its January 15 earnings call, but did not elaborate on any additional investment beyond the $165 billion it has already committed.

Following are details of TSMC’s U.S. investments:

* January 2026: TSMC says it has completed the purchase of a second parcel of land in the U.S. state of Arizona to support its expansion plan and give it more flexibility to respond to strong AI-related demand. The plan would enable TSMC to scale up an independent gigafab cluster in Arizona.

* March 2025: TSMC says it will expand its U.S. investment to a total of $165 billion, including three additional fabs, two advanced packaging facilities and an R&D centre.

* April 2024: The Taiwan contract chipmaker announces plans for a third fab in Arizona, lifting total investment beyond $65 billion.

* December 2022: TSMC says it will add a second fab at its Arizona site, raising total planned investment to $40 billion.

* May 2020: TSMC announces an initial investment of $12 billion as part of plans to build its first advanced semiconductor fabrication plant in Arizona.

MANUFACTURING IN ARIZONA:

First fab: The facility is up and running, with volume production starting in the fourth quarter of 2024, using 4-nanometre technology.

Second fab: Construction of the second fab completed, with tool move-in and installation planned for 2026. The fab will utilize 3-nanometre process technology, with volume production expected in the second half of 2027.

Third fab: Groundbreaking took place in April 2025, with the facility set to produce 2-nanometre and more advanced process technologies and volume production targeted by the end of the decade.

Fourth, fifth and sixth fabs, two advanced packaging facilities and one R&D centre: TSMC is in the process of applying for permits to begin construction of its fourth fab and first advanced packaging plant. No other timeline has been provided.

CUSTOMERS:

Apple (AAPL.O), opens new tab, Nvidia (NVDA.O), opens new tab, AMD (AMD.O), opens new tab and Qualcomm (QCOM.O), opens new tab are customers of TSMC’s Arizona fabs. In April 2025, Apple CEO Tim Cook said Apple is TSMC Arizona’s first and largest customer. In October 2025, TSMC Arizona began volume production of Nvidia’s Blackwell GPUs using its advanced N4P process.

Reporting by Wen-Yee Lee; Editing by Anne Marie Roantree and Mrigank Dhaniwala

Our Standards: The Thomson Reuters Trust Principles., opens new tab

HOUSTON--(BUSINESS WIRE)--Chevron Corporation (NYSE: CVX) by its subsidiary, Chevron Mediterranean Limited (CML), and the working interest owners of the Leviathan natural gas reservoir have reached a Final Investment Decision (FID) to expand the production capacity of the strategic Leviathan production platform located offshore Israel.

“Chevron is a leading energy player in the Eastern Mediterranean where we are focused on natural gas production and exports. Our operations are critical to meeting the growing energy needs of local and regional markets,” said Clay Neff, president of Chevron Upstream.

“Our decision to invest in the expansion of Leviathan’s production capacity reflects our confidence in the future of energy in the region. Pragmatic U.S. and regional energy policies are helping to strengthen energy security across the Eastern Mediterranean and foster an environment that encourages investment in the Middle East and globally.”

The Leviathan expansion project is expected to come online towards the end of this decade.

The project includes drilling three additional offshore wells, adding additional subsea infrastructure, and enhancing the treatment facilities on the Leviathan production platform as we progress towards increasing total gas delivery to Israel and the region to approximately 21 billion cubic meters (BCM) annually from the Leviathan reservoir.

“This milestone demonstrates our ongoing commitment to partner with the State of Israel to develop natural gas resources and provide essential energy to millions of people in Israel, Egypt and Jordan,” said Jack Baker, managing director of Chevron’s Eastern Mediterranean region.

The Leviathan production platform is located approximately 10 kilometers offshore Dor, Israel.

Leviathan working interest owners include Chevron Mediterranean Limited as operator (39.66%), NewMed Energy (45.34%), and Ratio Energies (15%).

In addition to Leviathan, Chevron’s assets in the Eastern Mediterranean include the Tamar gas producing field (offshore Israel), and the Aphrodite gas field which is currently in development (offshore Cyprus). Chevron is also the operator of 2 Egyptian exploration blocks and is in a non-operated joint venture (NOJV) in one Egyptian exploration block (in the Mediterranean Sea).

About Chevron

Chevron is one of the world’s leading integrated energy companies. We believe affordable, reliable and ever-cleaner energy is essential to enabling human progress. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry. We aim to grow our oil and gas business, lower the carbon intensity of our operations and grow new energies businesses. More information about Chevron is available at www.chevron.com.

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XRP just recorded a $10.63 million Spot ETF inflow in one session, pushing total ETF-held assets to $1.56 billion and reinforcing institutional demand.

This steady allocation suggests long-term positioning rather than short-term speculation. 

ETF inflows arriving during a corrective phase indicate confidence despite muted price action. Institutions appear comfortable accumulating while volatility stays compressed. 

However, price has not yet responded decisively. That gap between demand and price often emerges before directional expansion. 

Meanwhile, the consistency of ETF buying matters more than the single-day figure itself. Repeated inflows gradually absorb available supply. As a result, institutional presence continues to grow beneath the surface. 

XRP remains trapped inside a descending channel XRP continued trading within a clearly defined descending channel on the daily chart, keeping the broader structure corrective.

Price recently bounced from the lower channel boundary, showing that buyers still defended that zone. 

However, sellers remained active near the upper channel area, preventing trend resolution. Until price reclaims that region, the downside structure will persist. 

Key demand sat around the $2.05–$2.10 region, while resistance remained layered between $2.35 and $2.65. 

Meanwhile, the RSI rebounded toward the mid-range, signaling stabilizing momentum after extended weakness. However, it has not entered overbought territory, suggesting improving conditions, not a confirmed reversal. 

Therefore, momentum supports consolidation rather than breakout. Structure still dictates direction, and RSI must push decisively higher to validate any channel escape.

Source: TradingView

Exchange outflows hint at tightening liquid supply Spot exchange data showed net outflows of $7.41 million, signaling XRP continues to leave centralized venues. 

This movement typically reflects reduced intent to sell immediately. Instead, this time, holders appear to shift assets into custody. As supply on exchanges declines, available liquidity tightens. 

This process often supports price stability during corrective phases. Importantly, these outflows align with ETF accumulation rather than contradict it. Both flows suggest accumulation across different market segments. 

However, reduced exchange balances alone do not trigger rallies. Price still needs structural confirmation. Even so, persistent outflows reduce downside acceleration risk. Sellers face a less readily available supply. 

NVT ratio warns of stretched valuation XRP’s Network Value to Transactions ratio has increased by 4.46%, pushing the metric to 177.25. This rise indicates market value is expanding faster than on-chain transaction activity. 

Such conditions often appear during consolidation rather than breakout phases. Network usage has not yet accelerated to support higher valuation. 

As a result, upside momentum may face friction. However, NVT does not signal immediate reversals. Instead, it highlights where price may pause until activity improves. 

Therefore, elevated NVT reinforces the idea of range-bound behavior. XRP may require stronger on-chain participation before sustaining any structural breakout.

Funding Rates cool as leverage resets Funding Rates have declined by 43.13%, signaling a significant reduction in leveraged positioning. 

Traders now show less appetite for aggressive directional bets. This shift lowers the liquidation risk across the market. Consequently, volatility compression becomes more likely. 

Importantly, funding has not turned deeply negative. Short conviction remained limited. Instead, leverage appeared to reset rather than flip bearish.

Historically, such conditions favor spot-driven moves over derivatives-led spikes. 

As leverage pressure fades, price action stabilizes. Therefore, funding data supports balance and consolidation, not trend acceleration or breakdown.

Conclusively, XRP showed clear signs of accumulation through ETF inflows and exchange outflows, yet price remained constrained by structure. 

Momentum stabilized, leverage cooled, and supply tightened. However, the descending channel still controlled direction. Until XRP breaks that structure, accumulation alone cannot drive a sustained rally.

Final Thoughts Accumulation continues quietly, but XRP still needs structural confirmation to unlock upside.  Until the descending channel breaks, price strength remains controlled and corrective.

Bitcoin has shown renewed bullish momentum in recent sessions, pushing price back toward the $97,000 level after weeks of persistent selling pressure. For much of the recent consolidation, the market struggled under distribution from short-term participants and cautious positioning from traders who remained uncertain about the broader trend.

That dynamic now appears to be shifting. While price action alone does not confirm a full trend reversal, the latest rebound suggests that downside pressure is easing and that buyers are becoming more willing to absorb available supply.

This improvement in price behavior is supported by on-chain context rather than pure speculation. A quick insight from a CryptoQuant analyst highlights a rare development in market sentiment: the Bitcoin Bull Score Index has dropped to 20, a level that has historically appeared only a handful of times over the past several years. Such readings typically reflect deeply pessimistic conditions, when bullish signals across multiple indicators are scarce.

Paradoxically, these environments often coincide with transitional phases rather than sustained declines. When bearish sentiment becomes widespread and measurable optimism disappears, markets tend to become increasingly sensitive to even modest improvements in demand.

Over the past six years, the Bitcoin Bull Score Index has fallen to levels of 20 or lower only seven times. The market is now experiencing the seventh occurrence, placing the current environment among the rarest sentiment regimes in Bitcoin’s history.

This index aggregates multiple on-chain and market indicators to assess whether conditions favor bullish continuation or reflect broad-based weakness. Readings near 20 indicate that very few bullish signals are active at the same time, highlighting a market dominated by caution rather than optimism.

Bitcoin Bull Score Index | Source: CryptoQuant Historically, such extremes have tended to appear during transitional phases. They often emerge late in corrections, when selling pressure has largely played out, but confidence has not yet returned. This does not guarantee an immediate reversal. However, it does suggest that downside momentum is becoming increasingly fragile, as most participants who wanted to de-risk have already done so.

The timing of this signal is particularly relevant as Bitcoin approaches a critical psychological zone near $100,000. This level represents both a major round-number resistance and a key reference point for short-term and long-term holders.

The coming weeks will be decisive. A sustained push toward and above $100K, accompanied by improving breadth in on-chain indicators, would likely mark a shift away from defensive positioning. Conversely, failure at this level could reinforce consolidation and prolong uncertainty.

Bitcoin’s weekly chart shows a market attempting to reassert strength after a prolonged corrective phase, with price now trading around the $96,000–$97,000 zone. This area is technically important, as it aligns with a former consolidation range that acted as support during mid-2025 and later flipped into resistance after the November breakdown. The recent rebound suggests buyers are willing to defend higher lows, but confirmation remains incomplete.

Bitcoin testing key resistance level below $100K | Source: BTCUSDT chart on TradingView From a trend perspective, Bitcoin is still trading below the declining 50-week moving average, which currently caps upside attempts. This level has acted as dynamic resistance during previous bear-to-neutral transitions. And will be a critical area to reclaim for trend continuation.

Below the price, the 100-week moving average continues to slope upward and has provided structural support during the recent pullbacks. Reinforcing the idea that the broader market structure remains intact despite short-term weakness.

Volume behavior is also notable. The rebound toward $97,000 occurred without a major expansion in volume, revealing that the move may still lack strong conviction. This supports the view that the current advance could be a recovery leg within a larger consolidation rather than the start of an impulse.

If Bitcoin can consolidate above $95,000 and eventually reclaim the 50-week moving average, the probability of a continuation toward the $105,000–$110,000 region increases. Failure to hold this zone would expose the market to renewed downside tests toward the mid-$80,000s. Keeping the broader consolidation unresolved.

Featured image from ChatGPT, chart from TradingView.com 

Sui has published a post-mortem explaining the six-hour network outage on Jan. 14, confirming a consensus bug halted activity but user funds were safe.

Summary

Sui confirmed a consensus divergence among validators caused its Jan. 14 mainnet outage. The network halted for about six hours while safety mechanisms prevented inconsistent state. Validators deployed a fix and fully restored normal operations later the same day. Sui has published a post-mortem detailing the cause of the network outage that disrupted mainnet activity on Jan. 14, 2026, temporarily stopping transactions and checkpoint certification across the blockchain.

In a blog post published on Jan. 16, the team said the issue was caused by a divergence in internal consensus among validators. It stressed that the interruption was not linked to heavy network usage, external attacks, or security breaches, and that user funds remained safe throughout the incident.

What went wrong According to Sui (SUI), an edge-case bug in the way consensus commits were processed caused validators to reach different conclusions when handling certain conflicting transactions. As a result, validators began producing different checkpoint candidates, making it impossible to reach the stake-weighted agreement required to certify a new checkpoint.

When validators detected that a significant portion of the stake was signing conflicting checkpoint data, the network halted by design. This pause prevented an inconsistent state from being finalized, even though it meant block production and transaction execution stopped.

Transaction submissions timed out during the outage, but read-only queries kept serving the final certified state. 

On-chain activity was halted and an estimated $1 billion in value remained temporarily inactive during the roughly six-hour disruption. No certified transactions were reversed, nor did forks take place despite the halt.

Recovery and improvements Recovery began once the root cause was identified. Validators removed the incorrect consensus data, applied a fix to the commit logic, and replayed the chain from the point of divergence.

After a successful canary deployment by Mysten Labs validators, the wider validator set upgraded and resumed checkpoint signing, allowing the network to return to normal operation later that day.

Sui said the incident confirmed that its safety-first design worked as intended by prioritizing consistency over uptime. At the same time, the team acknowledged the need to shorten recovery times. 

Improved automation for validator operations, increased testing to identify similar consensus edge cases before they reach the mainnet, and early detection of checkpoint inconsistencies are among the planned changes. 

Following a brief incident in late 2024, the Jan. 14 outage was the second major disruption on Sui since its launch in 2023. SUI’s price saw limited volatility, suggesting the market largely viewed the issue as operational rather than structural.

The Dydx ecosystem rebounded strongly in the second half of 2025, with trading volumes peaking at $34.3 billion in the fourth quarter after a midyear slump.

Analysts suggest the market is pausing rather than reversing, with Bitcoin moving out of a long consolidation phase.

TLDR: West Virginia proposes allocating up to 10% of state funds to Bitcoin, signaling sovereign-level confidence in BTC. A $750B+ market cap requirement effectively makes Bitcoin the only eligible digital reserve asset. SB143 positions Bitcoin alongside gold as a long-term hedge against inflation and fiscal instability. Staking provisions redefine Bitcoin reserves as productive, yield-aware treasury assets. West Virginia has taken a bold step toward formal Bitcoin adoption. A newly proposed bill, SB143, would allow the state to allocate up to 10% of public funds into Bitcoin and gold as inflation hedges. 

With strict market-cap thresholds and staking provisions, the bill signals a shift in how governments may treat Bitcoin—not as speculative crypto, but as a sovereign-grade reserve asset.

SB143 Establishes Bitcoin as a State-Level Digital Reserve Senate Bill 143 authorizes the West Virginia Treasury to invest a portion of state funds into assets. Especially those designed to protect against inflation, explicitly naming Bitcoin and gold. 

The most consequential clause in the bill is the requirement that any digital asset considered must maintain an average market capitalization above $750 billion. This single condition effectively excludes every cryptocurrency except Bitcoin.

NEW: 🇺🇸 West Virginia proposes allocating 10% of state funds to #Bitcoin.

📜 Bill SB143 empowers the Treasury to invest in $BTC & gold as an inflation hedge, mandating a $750B+ market cap, effectively making Bitcoin the sole digital reserve asset, while also allowing staking. pic.twitter.com/hdH22vwmnJ

— Bitcoin.com News (@BitcoinNews) January 15, 2026

This makes BTC the sole eligible digital reserve asset under the proposal. This design reflects a deliberate policy choice. 

Rather than embracing the broader crypto market, West Virginia is drawing a firm distinction between speculative digital assets and monetary instruments suitable for public balance sheets. 

Bitcoin’s fixed supply, deep liquidity, and increasing institutional recognition place it closer to gold than to high-risk venture assets. By framing BTC as “digital gold,” the bill aligns with a growing narrative that Bitcoin’s primary role is value preservation in an era of persistent inflation and expanding sovereign debt.

If enacted, SB143 would place West Virginia among the first U.S. states to formally integrate Bitcoin into treasury strategy. A signal that BTC is transitioning from a fringe asset to a recognized component of sound money policy.

Staking, Custody, and a New Model for Public Finance Beyond allocation, SB143 introduces a significant evolution in how public reserves may be managed. The bill allows staking, enabling the state to earn yield on its Bitcoin holdings while retaining ownership. 

This reframes Bitcoin from a passive hedge into a productive reserve asset, aligning it more closely with how treasuries think about bonds, gold leasing, and other yield-generating instruments.

Equally important are the custody requirements. The legislation mandates secure, government-controlled private key management, emphasizing operational rigor, accountability, and risk management. 

Bitcoin, under this framework, is treated not as a speculative technology experiment but as critical financial infrastructure requiring institutional-grade safeguards. Taken together, these provisions suggest that SB143 is less about crypto enthusiasm and more about monetary sovereignty. 

In positioning Bitcoin alongside gold, West Virginia is asserting that reserve diversification in the 21st century now includes cryptographic scarcity. If adopted, the bill could serve as a blueprint for other states.

Ethereum network activity has shown a sharp increase in new users, with “activity retention” almost doubling over the past month, according to crypto on-chain analytics platform Glassnode.

Month-over-month “activity retention” shows a sharp spike in the new cohort, “indicating a surge in first-time interacting addresses over the past 30 days,” Glassnode reported on Thursday.

It added that this reflects a notable influx of new wallets engaging with the Ethereum network, “rather than activity being driven solely by existing participants.”

New activity retention, or new network addresses, has spiked from just over 4 million to around 8 million addresses this month. 

Activity retention measures how many users continue to be active over time, essentially showing whether users stick around and continue using the network, rather than showing up once and disappearing.

Ethereum activity retention spikes to all-time high. Source: GlassnodeDaily transactions on Ethereum hit highsOver the last year, the number of active addresses on the Ethereum network has more than doubled from around 410,000 accounts recorded this time last year to over 1 million on January 15, according to Etherscan. 

Meanwhile, the number of daily transactions on Ethereum spiked to an all-time high of 2.8 million on Thursday, marking an increase of 125% since the same time last year. 

Macroeconomics outlet Milk Road reported on Thursday that this was due to an explosion of stablecoin usage on Ethereum while fees are collapsing.

“That’s the result of Ethereum pushing execution to L2s while keeping settlement secure on L1. That’s what scalable financial infrastructure actually looks like,” it stated.

Stablecoin usage on Ethereum is at an all-time high amid record-low fees. Source: Token Terminal “A lot to be optimistic about” with EthereumConfidence and sentiment around Ethereum are improving. “There’s a lot to be optimistic about when looking at Ethereum,” Justin d'Anethan, head of research at Arctic Digital, told Cointelegraph. 

“Near term, indicators that have been pushed into oversold territory have turned up and seem to hint at much higher prices, fueled by renewed capital inflows into ETFs, stablecoins, and native crypto protocols,” he added. 

Ethereum’s network activity has surged as daily transactions climb past 2 million while staking has reached nearly 36 million ETH, observed Nick Ruck, director of LVRG Research.

“These strong on-chain fundamentals, combined with sustained ETF inflows and growing ecosystem optimism, position ETH for a potential breakout above current resistance levels in the near term as liquidity tightens amid heightened institutional participation with recent scaling upgrades boosting speed and lowering gas fees,” he added.

All of this heightened network activity and sentiment should be bullish for the blockchain’s token. “There’s a lot of compression taking place with ETH, and that’s likely to break out in the coming week,” said MN Fund founder Michaël van de Poppe on Thursday.

Ether (ETH) prices tapped a two-month high of $3,400 on Wednesday, but had retreated slightly to trade around $3,300 during early trading on Friday morning. 

Magazine: Trump rules out SBF pardon, Bitcoin in ‘boring sideways’: Hodler’s Digest

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Short-term price action is driven by technical positioning, with $2.13 acting as a key resistance level.

Journalist

Posted: January 16, 2026

Bitcoin OGs have reduced their selling pressure, further boosting the crypto asset’s recovery odds. These are investors who showed early conviction in BTC, including early miners, developers, and first adopters. 

Some of these investors purchased BTC when the price was below $100 and subsequently made a massive profit after holding for over 5 years. 

The explosive Bitcoin [BTC] run this cycle attracted profit-taking from this cohort, a move some analysts said partially slowed the asset’s momentum in 2025. 

However, at press time, the selling pressure from Bitcoin OGs had dropped from a 90-day average of 3,000 BTC in 2024 to 1,000 BTC as of 2026 – A 73% decline in two years.  

Source: CryptoQuant

Institutional demand surpasses mined BTC So far, 2026’s market shifts have been positive for BTC. Notably, the massive selling pressure in late 2025 from long-term holders (Investors who held BTC for more than 5 months), ETF outflows, and excessive leverage has largely been reset. 

This has provided the structural foundation for a solid recovery. In fact, the current institutional demand for BTC is nearly five times its new supply, or the BTC miners mint. 

As of mid-January 2026, institutions have absorbed 30k BTC, way more than the freshly minted 5.7k BTC. 

Source: Bitwise

A similar trend was observed in 2025 and 2024 when ETFs debuted. In fact, JPMorgan analysts predicted that crypto inflows will surge in 2026, following a record $130 billion in 2025. The analysts wrote, 

“The rebound in institutional flows we project for 2026 is likely to be facilitated by the passage of additional crypto regulations such as the Clarity Act in the U.S., which is likely to trigger further institutional adoption of digital assets as well as fresh institutional activity.”

Will BTC’s recovery extend itself? Here, it’s worth stating that the True MVRV, an oscillator that identifies key market cycles and investor sentiment shifts, bottomed out near 1.0 and recovered to 1.1. 

Past recovery patterns at the same level have revealed that shifts (local tops) occurred when the oscillator surged towards 1.5 (mid-range) or 2.0.

In other words, if the current recovery extends itself, it could cool off if MVRV climbs to 1.5 or 2. At press time, BTC was trading at $95.5k, up 18% from Q4 2025’s low of $80.6k. 

Source: CryptoQuant 

Final Thoughts Selling pressure from early Bitcoin investors who began holding over five years ago has fallen by 73%. Recovery could extend itself if the macro landscape supports it, but it could cool off if the True MVRV shifts at 1.5.