Market Signal Briefing

Stock futures pointed higher before a tech outage halted trading ahead of the shortened trading session; stock markets will close at 1 p.m. ET today, while bond markets end trading at 2 p.m. ET; major retailers are on the rise ahead of today’s Black Friday shopping day; and the SEC is investigating investment bank Jefferies (JEF) over its ties to bankrupt auto parts maker First Brands Group. Here's what you need to know today.

Major US Stock Indexes on Pace for Best Week Since June
With stock futures pointing higher of a tech outage, the major indexes could be on pace for their biggest weekly gains since June. Futures associated with the Nasdaq were up 0.2% before the outage. The tech-focused index has added about 4.2% for the first three sessions of the holiday-shortened week. S&P 500 and Dow Jones Industrial Average futures edged about 0.1% higher recently, with those indexes up 3.2% and 2.6%, respectively, for the week so far. The price of Bitcoin traded around $91,400 after breaking the $90,000 level on Wednesday. Gold futures moved up to $4,221 an ounce. The yield on the 10-year Treasury note, which impacts a range of consumer loans, was little changed at around 4%. Oil futures moved higher to $59.08 a barrel.

CME Group Trading Halted Over Data Center Cooling Issue
Futures trading on some Chicago Mercantile Exchange markets ground to a halt over a data center issue. “Due to a cooling issue at CyrusOne data centers, our markets are currently halted. Support is working to resolve the issue in the near term and will advise clients of Pre-Open details as soon as they are available,” the CME Group website said this morning. It later posted that its BrokerTec EU markets were open and trading, while other CME Group markets remained closed.

Markets Close Early Today Following Thanksgiving Holiday
Traders returning from the Thanksgiving holiday won’t have a full session today, as markets are operating on shortened hours. The stock market closes at 1 p.m. ET, while the bond market closes at 2 p.m. ET. Markets return to a full schedule next week, with the next breaks in trading coming for the Christmas and New Year’s holidays.

Black Friday Arrives With Record Holiday Spending Expected
Consumer confidence may be wavering, but retailers are betting shoppers might propel holiday spending to record levels as the Black Friday shopping day arrives. The Friday after Thanksgiving has traditionally been one of the busiest shopping days of the year, with many retailers promoting sales and specials. The National Retail Federation is projecting that consumers could push total holiday shopping season sales totals over $1 trillion for the first time. Consumers will also find deals online as e-commerce sellers prepare for the upcoming “Cyber Monday” sales day, with Salesforce projecting that the “cyber week” sales from Thanksgiving through Monday could reach $78 billion. Shares of retailers Walmart  (WMT), Target (TGT), Amazon (AMZN) and Macy’s (M) all pointed higher in premarket trading.

SEC Investigates Jefferies Ties to First Brands Group
The Securities and Exchange Commission is investigating investment banker Jefferies Financial Group (JEF) over its ties to bankrupt auto parts maker First Brands Group, The Financial Times reported. The SEC is looking into whether Jefferies gave investors in its Point Bonita fund enough information about their exposure to First Brands, which filed for bankruptcy in December. Jefferies CEO Rich Handler has said that the bank believes it was defrauded by First Brands, the report showed. Shares of Jefferies were lower in premarket trading.

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You’ve seen the chart. You’ve heard the pitch. "AMD (NASDAQ:AMD) is the next Nvidia."

It is the most seductive narrative in tech. NVDA (NASDAQ:NVDA) is the $4 Trillion King, so surely the Prince in waiting (AMD) is next in line for the throne. But if you look at the numbers today, that narrative falls apart.

Hand of a man installing an AMD Firepro Graphical Processing Unit (GPU), aka graphics card, in a cryptocurrency mining computer for mining the Bitcoin alternative Monero, San Ramon, California, August 29, 2018. (Photo by Smith Collection/Gado/Getty Images)

Getty Images

AMD isn't just "second place." By some metrics, it is more expensive than Nvidia.

Nvidia: Trades at 38x consensus earnings while growing revenue at 65%+AMD: Trades at 55x consensus 2025 earnings while growing revenue at 32%.You are paying a champagne price for a beer budget company. So, why on earth would you buy it?

It’s not because they are "catching up" on speed. And it’s certainly not because of "supply constraints" (a myth we need to bust).

There is only one real reason to own AMD stock today. It has nothing to do with performance, and everything to do with Economics.

Busting Flimsy Bull Arguments

First, let’s clear the brush. You need to ignore the standard excuses bulls make for AMD’s valuation.

The "Supply Constraint" Myth You often hear, "AMD could have sold billions more if only they had the supply!" Don’t believe it. When a product is truly supply-constrained (like the H100), the price goes up. Nvidia sells chips for $30,000 to $40,000. AMD sells its rival chip for $10,000 – $15,000. If you have to discount your product by 50% to move units, you don't have a supply problem. You have a demand problem.

The "Margin Excuse" Bulls argue AMD’s margins are low because of "startup costs" or "U.S. manufacturing." The reality is colder. Nvidia keeps roughly 65 cents of every dollar as profit because they sell a luxury good. AMD keeps about 24 cents because they sell a commodity. That isn't a temporary glitch; that is their place in the food chain.

The Only Real Reason - Inference Utility

If you want to make money on AMD, you have to stop viewing them as an "Nvidia Killer" and start viewing them as the "Southwest Airlines of AI."

Nvidia is Delta. It’s premium, expensive, and necessary for the hardest routes. But sometimes, you just need to get 500 people from point A to point B as cheaply as possible.

Here is the 3-part math that makes AMD a buy.

The "Memory Loophole" (One Chip vs. Two)

A critical factor in commercial AI is Memory Capacity, which can sometimes be more impactful than raw speed, especially for deployment. Massive AI models, such as Llama-3 70B, are memory-intensive.

The Nvidia Cost: To run this huge model, you have to chain two H100s together. That doubles your hardware bill.The AMD Hack: The MI300X chip comes with 192GB of memory. You can fit the entire model on one chip with room to spare.For a CFO at Meta or Microsoft, the math is undeniable: Why buy two chips when one will do? This memory advantage could make AMD much more compelling from the standpoint of "Total Cost of Ownership."

The Shift from Lab to Factory

For three years, the money was in Training (teaching the AI). That is R&D work, and you spare no expense—so you buy Nvidia. Now, we are entering the era of Inference (using the AI). That is, "Cost of Goods Sold."

When AI becomes a boring daily utility—generating reports or summarizing meetings—companies will ruthlessly cut costs.

Training: Requires a Ferrari (Nvidia).Inference: Requires a Bus (AMD). AMD doesn't need to be faster; it just needs to be cheaper per mile. And right now, it is.The "Strategic Hostage" Premium

Big Tech knows Nvidia’s margins—70% gross, 50% net—aren’t something they want to pay forever. If Nvidia stays the only real supplier, prices can go wherever Nvidia decides. They can raise prices to $50,000 tomorrow.

Big Tech is effectively funding AMD to stay alive. They are writing checks not just for chips, but for insurance—to ensure a second option exists to keep Nvidia’s pricing power in check. You aren't just betting on AMD's engineering; you are betting on Big Tech's need for a duopoly.

The Verdict

Don't buy AMD expecting them to build a better Ferrari. Buy AMD because the world is about to need a lot of buses.

MORE FOR YOU

As AI moves from a science experiment to a low-margin business utility, the "Memory Monster" (MI300X) is an important chip that makes the math work for the people paying the bills.

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SummaryPollard Banknote (PBL:CA) remains undervalued despite recent operational setbacks, trading at just 5.7x EBITDA and offering long-term upside potential.
PBL:CA secured two major 12-year contracts with the Belgian National Lottery and California Lottery, adding over $50 million in annual recurring revenue.
Wall Street appears to underestimate the full upside from these contracts, with my projections pointing to higher FY 2026 EPS and revenue than consensus.
With a fair value target of $27.50–$30.50 and a total return potential of 40–56%, I rate PBL:CA a Strong Buy for patient investors.
Jupiterimages/PHOTOS.com>> via Getty Images

Unlike Brightstar (BRSL), my call on small-cap Pollard Banknote (PBL:CA) is taking its sweet time to really pay off.

The quarter took a hit from a messy ERP rollout, a pricier-than-expected integration of recent buys like

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.

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RENO, Nev., Nov. 28, 2025 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) (“Dragonfly Energy” or the “Company”), an industry leader in energy storage and maker of Battle Born Batteries®, brings to market the Battle Born® Power Station Series, the company’s debut line of all-in-one portable power stations designed for demanding professional and off-grid applications. The Battle Born® Power Station 3000 and Battle Born® Power Station Pro 5000 expand the Company’s product portfolio into fully integrated, industrial-grade power systems built for reliable performance in the field.

The Battle Born Power Station Series is engineered for demanding environments where consumer-grade portable power products fall short. Each unit delivers quiet, emissions-free power in a durable, weatherproof design built to withstand shock, vibration, and harsh outdoor conditions. Safe for both indoor and outdoor use, the systems provide dependable power in enclosed spaces, remote job sites, emergency response scenarios, and other environments where fuel-powered generators are impractical. With no fuel, fumes, or routine engine maintenance, the units offer a long-term alternative to gas and diesel generators, providing consistent performance while significantly reducing operational costs over time. For many users, the savings on fuel and maintenance alone can deliver a strong return on investment.

The Battle Born Power Station 3000 delivers 3,000 watts of continuous output with 2.5 kilowatt-hours of LiFePO₄ energy storage, supporting tools, equipment, and portable job-site power needs. The larger Power Station Pro 5000 provides 5,000 watts of continuous output, 5.1 kilowatt-hours of storage, and high-capacity solar charging capabilities for more intensive commercial and industrial workloads. Both models are assembled in North America using premium components and backed by a 30-month limited warranty.

“These new products allow us to bring Battle Born reliability into environments where generators have long been the only option,” said Tyler Bourns, chief marketing officer at Dragonfly Energy. “We believe these industrial-grade power stations bring trusted performance to applications where portable, dependable power has traditionally been difficult to achieve.”

Pre-orders for both models are now open with special Black Friday introductory pricing available through Cyber Monday. Initial shipments are targeted to begin in the first quarter of 2026.

For more information and to purchase, visit Battle-Born.com.

For more information about Dragonfly Energy and its innovative energy solutions, visit DragonflyEnergy.com. 

About Dragonfly Energy
Dragonfly Energy Holdings Corp. (Nasdaq: DFLI) is a comprehensive lithium battery technology company, specializing in cell manufacturing, battery pack assembly, and full system integration. Through its renowned Battle Born Batteries® brand, Dragonfly Energy has established itself as a frontrunner in the lithium battery industry, with hundreds of thousands of reliable battery packs deployed in the field through top-tier OEMs and a diverse retail customer base. At the forefront of domestic lithium battery cell production, Dragonfly Energy's patented dry electrode manufacturing process can deliver chemistry-agnostic power solutions for a broad spectrum of applications, including energy storage systems, electric vehicles, and consumer electronics. The Company's overarching mission is the future deployment of its proprietary, nonflammable, all-solid-state battery cells.

To learn more about Dragonfly Energy and its commitment to clean energy advancements, visit investors.dragonflyenergy.com.

Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical statements of fact and statements regarding the Company's intent, belief, or expectations, including, but not limited to, statements regarding the Battle Born Power Stations, Battle Born Batteries or the Company, the Company's future results of operations and financial position, planned products and services, business strategy and plans, market size and growth opportunities, competitive position and technological and market trends. Some of these forward-looking statements can be identified by the use of forward-looking words, including "may," "should," "expect," "intend," "will," "estimate," "anticipate," "believe," "predict," "plan," "targets," "projects," "could," "would," "continue," "forecast" or the negatives of these terms or variations of them or similar expressions.

These forward-looking statements are subject to risks, uncertainties, and other factors (some of which are beyond the Company's control) which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Such factors include those set forth in the sections entitled "Risk Factors" and "Cautionary Note Regarding Forward-Looking Statements" in the Company's Annual Report on Form 10-K for the year ended December 31, 2024, and in the Company's subsequent filings with the SEC available at www.sec.gov. If any of these risks materialize or any of the Company's assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that the Company presently does not know or that it currently believes are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. All forward-looking statements contained in this press release speak only as of the date they were made. Except to the extent required by law, the Company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.

Photos:

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/f135e17f-c300-4987-a7d9-db6d15331450

Investor Relations
Eric Prouty
Szymon Serowiecki
AdvisIRy Partners
[email protected]

Media Relations
Margaret Skillicorn
RAD Strategies Inc.
[email protected]

Source: Dragonfly Energy Holdings Corp.

VANCOUVER, British Columbia, Nov. 28, 2025 (GLOBE NEWSWIRE) -- Leviathan Metals Corp. (“Leviathan” or the “Company”) (LVX – TSXV, LVXFF – OTC, 0GP – FSE) is pleased to announce closing of its previously announced transaction (the “Transaction”) with Cura Exploration Botswana Corp. (“Cura”). The Transaction was carried out by way of an amalgamation under the laws of the Province of British Columbia pursuant to the terms of an amalgamation agreement dated September 11, 2025 (as amended on October 31, 2025) between the Company, 1555801 B.C. Ltd., (“Subco”) a wholly owned subsidiary of the Company, and Cura (the “Amalgamation Agreement”). Pursuant to the Amalgamation Agreement, Subco amalgamated with Cura and all of the issued and outstanding securities of Cura were exchanged for securities of the Company on a one-to-one basis. Cura is the 100% owner of the Kalahari Copper and Uranium Exploration Portfolios in Botswana.

As previously announced, Cura recently completed the acquisition of all of the shares of Afri Energy Pty Ltd., AfriMetals No. 1 Pty Ltd and AfriMetals No. 2 Pty Ltd., (the “AfriMetals Entities”) which are the holders of certain copper and uranium prospecting licenses in Botswana (the “Properties”) in accordance with the terms of the share purchase agreements (the “Share Purchase Agreements”)i, with the AfriMetals Entities and the shareholders of the AfriMetals Entities (the “Sellers”).

The key asset of the AfriMetals Entities is the land package commonly referred to as the Central Project (“Central”), which directly adjoins MMG’s Khoemacau group of deposits and discoveries (“Khoemacau”), (combined Measured and Indicated Mineral Resources of 94Mt @1.8% Cu and 22 g/t Ag and Inferred Mineral Resources of 188Mt @1.6% Cu and 20 g/t Agii) on the Kalahari Copper Belt (the “KCB”) which, together with the nearby Banana Zone, Zone 6 and Ophion (combined Measured and Indicated Mineral Resources of 33Mt @1.4% Cu and 21 g/t Ag and Inferred Mineral Resources of 141Mt @0.9% Cu and 10 g/t Ag) were acquired by MMG Ltd in 2023 for US$1.9 billion.

Central displays similar large-scale geological characteristics to those observed at Khoemacau, making the property prospective for a Tier 1 copper discovery. Specifically, all known KCB copper deposits – including those of Khoemacau – occur at or close to a well-understood stratigraphic contact (namely the interface between the D’Kar and Ngwako Pan Formations) on the flanks or hinges of kilometer-scale antiforms or “domes”, typically within secondary folds, shears or other structural trap-sites which focused the mineralizing fluids. Central boasts around 24 kilometers of this contact, mostly around the main domal structure referred to as the Hyena Hills dome, as supported by high resolution ground magnetic data collected in 2023 and 2024. The Hyena Hills dome is the next dome south from those hosting the Khoemacau deposits and discoveries; each of the other domes at Khoemacau hosts at least two copper deposits or discoveriesiii.

In addition, the AfriMetals Entities hold an extensive portfolio of uranium prospecting licenses, also in Botswana. Most prominently the Serule Uranium Project is situated immediately adjacent and ‘down-dip’ of the Letlhakane Uranium Project (Indicated Mineral Resources of 71.6Mt @ 360ppm U3O8 and Inferred Mineral Resources of 70.6Mt @ 363ppm U3O8 containing 56.8 and 56.9Mlbs U3O8 in these categories respectivelyiv) acquired via a AUD$64 million merger by Lotus Resources in 2023. Drilling in 2024 at Serule demonstrated the presence of a mineralized zone which appears to be approximately 4 kilometers in width. Of the 8 holes drilled in 2014, six have mineralized intervals with the most prominent being 10m @ 415ppm U3O8.

Botswana is a politically stable pro-mining investment jurisdiction – ranked #2 in Africa by the Fraser Institute (2024), enjoying investor-friendly legislation, a highly proficient and well-educated workforce, and first world infrastructure – set up to support mining, which is a pivotal and widely-accepted national economic driver. The Properties cover approximately 9600 square kilometers of prospective copper and uranium tenurev.

Highlights of the Acquisition

Pursuant to the terms of the Amalgamation Agreement, the Company acquired 100% of the issued and outstanding (i) common shares of Cura (including, for certainty all subscription shares of Cura) in exchange for 37,000,000 common shares of the Company (the “Leviathan Shares”) and (ii) common share purchase warrants of Cura (the “Cura Warrants”) in exchange for 5,500,000 common share purchase warrants of the Company (a “Leviathan Warrant”), with each such Leviathan Warrant having terms and conditions identical to the Cura Warrants, being a term of two years and an exercise price of C$0.15.

Additionally, pursuant to the Transaction, Leviathan assumed the obligation under the Share Purchase Agreements to pay certain milestone payments (the “Milestone Payments”) to the Sellers under the Share Purchase Agreements by way of a future issuance of up to 16,500,000 Leviathan Shares to such parties subject to certain targets being satisfied. The Milestone Payments consist of 8,250,000 Leviathan Shares issuable upon the preparation of a mineral resource estimate of measured resources, indicated resources, inferred resources or any combination thereof of at least 40 Mlbs U3O8 at a grade of at least 250 ppm U3O8 (Resource Estimate) within certain of the Properties and 8,250,000 Leviathan Shares issuable upon the preparation of a mineral resource estimate of measured resources, indicated resources, inferred resources or any combination thereof at least 15 Mt of copper at a grade of at least 1.75% CuEq (Resource Estimate) within certain of the Properties.

The securityholders of Cura that participated in the August 2025 $0.25 common share private placement will not be subject to any TSX Venture Exchange (the “TSXV”) escrow or resale restrictions. The remaining common shares and warrants of Leviathan issued in connection with the Transaction will be subject to escrow or resale restrictions in accordance with the policies of the TSXV. 23,000,000 common shares and 5,500,000 warrants are subject to a TSXV Form 5D Escrow Agreement and will be released in tranches as follows: 10% on November 28, 2025, and 15% every six months thereafter, with the final release scheduled for November 28, 2028.

In consideration of the AfriMetals Entities, Cura paid a total of US $1,688,863 (approximately C$2,268,630) in cash consideration to the Sellers. In addition, Cura has cash on hand of approximately C$765,000 and incurred expenses of C$93,000 in connection with preparation of the technical reports pursuant to National Instrument 43-101 – Standards of Disclosure for Mineral Projects related to the Properties.

The Leviathan Shares issued to the former shareholders of Cura are valued (in accordance with TSXV Policy 5.3) at C$8,947,500 (net of cash held by Cura at closing). The variation between the price paid by Cura to the AfriMetals Entities and that paid to the former Cura shareholders is in the view of management due to the fact that Cura and the AfriMetals Entities entered in binding agreements in December 2024 and that market perception for copper and uranium assets have improved since such date and the purchase price paid by Leviathan was in shares whereas the consideration paid by Cura to the AfriMetals Entities was in cash.

The Properties consist of the following:

3 copper prospecting licenses held by Innovation Surveyors (Pty) Ltd., a wholly owned subsidiary of the AfriMetals No. 1 Pty Ltd, of which one is active (the Central Project) and two are pending renewal;5 copper prospecting licenses held by GCM Resources (Pty) Ltd., a wholly owned subsidiary of AfriMetals No. 2 Pty Ltd., of which two are active and three are pending renewal; and10 uranium prospecting licenses held by Afri-Uranium (Pty) Ltd., a wholly owned subsidiary of Afri Energy Pty Ltd., of which three are active (including the Serule Uranium Project), and the remaining are pending renewal. The renewals are subject to the receipt of regulatory approvals. While management’s expectation is that such renewals will be granted, there is no certainty that such renewals will be granted in a timely manner or at all. The Properties are held under Prospecting Licenses (“PLs”) as defined in the Botswana Mines and Minerals Act No. 17 of 1999 as subsequently amended by the Mines and Minerals (Amendment) Act of 2024 (together, the “MMA”). A PL in Botswana is granted for a term of three years and may be renewed three times upon demonstration of exploration progress and effort. Each renewal is valid for two years. At the end of the initial term (for the first renewal), a reduction of the area by at least 50% is required; for subsequent renewals, the size reduction should be by half, or a lesser portion, as the Minister may agree to. The MMA specifies that a renewal application for a PL be submitted no later than three months prior to the expiry of any given PL, and requires the presentation of a report on prospecting operations carried out and the direct costs incurred thereby, and a statement of a proposed program of prospecting operations to be carried out during the period of renewal and the estimated cost thereof. Notwithstanding the above, the Minister may also renew a prospecting license for a further period or periods beyond the initial four periods where a discovery has been made. In the cases of the Central and Serule Projects all of the constituent prospecting licenses are in effect. In the cases of those licenses pending renewal these are considered either non-core or immaterial; renewals are subject to the receipt of regulatory approvals for which Leviathan expects an outcome in the near term. If the licenses are not renewed, it may lead to the license expiring or the loss of tenure.

Each of Innovation Surveyors (Pty) Ltd. and GCM Resources (Pty) Ltd. has granted a 1% net smelter return royalty on the copper prospecting licenses (either the “Innovation Royalty” or the “GCM Royalty”) to their former shareholders. Each of the Innovation Royalty and GCM Royalty may be entirely repurchased with a one-time payment of US $2,000,000.

In the event any mining license area covers leased land, the Company will need to obtain consent of the landholder, which may require compensation to be paid by the Company. If the Company cannot obtain consent of the landholder, the Company will be required to obtain regulatory approval in respect of the leased land.

There will be no Change of Control of Leviathan nor Change of Management.

The current exploration plans of the Company do not include any geothermal drilling and blasting. Any geothermal drilling or blasting will require the Company to obtain regulatory approvals.

The consideration payable in connection with the Transaction was determined by arm’s length negotiation between the Company and Cura. To the best of the knowledge of the Company, Cura and the AfriMetals Entities are arms’ length parties. The Transaction is an arm’s length transaction and is not expected to result in the creation of a new “Control Person” of the Company pursuant to the policies of the TSXV.

The Company received final approval of the Transaction from the TSXV.

Readers are cautioned that information in respect of Khoemacau, Banana Zone and Letlhakane Uranium Project (collectively the “Adjacent Properties”) is not indicative of the mineralization that may or may not be found on the Properties and readers should not rely on such information with respect to the Adjacent Properties when assessing the Properties. There is no assurance that the Properties will yield scientific, technical or other information or results similar to that of the Adjacent Properties. The QP has not verified these estimates or the data that supports them and that the information is not necessarily indicative of the mineralization that may or may not be present on the Properties. The estimates were prepared under an acceptable Foreign Code (the Australasian JORC Code, 2012 edition) and are not reported under the CIM Definitions. Under this Code, Measured, Indicated and Inferred Mineral Resource categories are the equivalents of the same categories as defined by the CIM definitions; it is not expected that the same mineral resources if reported under CIM would be materially different.

Qualified Person and Data Verification

Andrew Pedley (Pr. Sci. Nat.), a qualified person under National Instrument 43-101 – Standards of Disclosure for Mineral Projects, has approved the scientific and technical information contained in this news release relating to the Central Project and the Serule Uranium Project. Mr. Pedley is an independent consultant for Leviathan.

Neither the Qualified Person nor Leviathan has verified the scientific, technical or other information disclosed in respect of the Adjacent Properties.

About Leviathan Metals Corp.

Leviathan Metals Corp., previously known as Leviathan Gold Ltd., is a Canadian-based mineral exploration company listed on the TSXV (LVX) and Germany (0GP).

On behalf of the Company
Luke Norman, Chief Executive Officer and Director

For further information, please visit the Company website www.leviathanmetals.com, the Company’s profile on SEDAR+ at www.sedarplus.com, or contact:

Luke Norman,
Direct: (778) 238-2333
Toll Free: 1(888)-875-8832
Email: [email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No securities regulatory authority has either approval or disapproved of the contents of this press release.

Forward-Looking Statements

Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Leviathan cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by many material factors, many of which are beyond Leviathan’s control. Such factors include, among other things: risks and uncertainties relating to whether exploration activities on the Company’s properties will result in commercially viable quantities of mineralized materials; the possibility of changes to project parameters as plans continue to be refined; the ability to execute planned exploration and future drilling programs; the ability to obtain qualified workers, financing, permits, approvals, and equipment in a timely manner or at all and on reasonable terms; changes in commodity and securities markets; non-performance by contractual counterparties; and general business, geopolitical and economic conditions. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Although Leviathan has attempted to identify important risks and factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors and risks that cause actions, events or results not to be as anticipated, estimated or intended. Consequently, undue reliance should not be placed on such forward-looking statements. In addition, all forward-looking statements in this press release are given as of the date hereof. Leviathan disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws. The forward-looking statements contained herein are expressly qualified by this disclaimer.

_____________________________
i originally executed on December 16, 2024 and subsequently amended and restated on March 25, 2025.
ii Mineral Resources and Reserve Statement as at 30 June 2024 prepared by MMG and are reported in accordance with the guidelines in the 2012 Edition of the Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves (2012 JORC Code) and Chapter 18 of the Rules Governing the Listing of Securities on The Stock Exchange (the “Standards”) of HongKongLimited. See: https://www.mmg.com/wp-content/uploads/2024/12/June_2024_MROR_Executive_Summary.pdf
iii Khoemacau Copper Project, Botswana. HKEX Competent Persons Report dated May 24, 2024 prepared in accordance with the Standards by ERM Australian Consultants PTY LTD. See https://www.mmg.com
iv Independent Resource Estimate dated December 2024 prepared by Lotus Resources and Nowden Optiro in accordance with the Standards – See – https://lotusresources.com.au/projects/mineral-resources-and-ore-reserves
v pending renewal of certain non-core tenure.

November 28, 2025 7:30 AM EST | Source: North Peak Resources Ltd.
Calgary, Alberta--(Newsfile Corp. - November 28, 2025) - North Peak Resources Ltd. (TSXV: NPR) (OTCQB: NPRLF) (the "Company" or "North Peak") announces that Mr. Jim O'Neill has been appointed Chief Financial Officer and Corporate Secretary of the Company, with immediate effect, succeeding Mr. Andrew Dunlop who has stepped down from those positions with the Company.

Mr. O'Neill has over 30 years of experience as a finance executive with multinational businesses operational in Canada, USA, the UK, Turkey, and Kenya. He has extensive public company financial management and governance experience including junior mining exploration, development, and operations, in addition to project management, manufacturing and distribution businesses. He has also worked alongside members of management and certain directors of the Company in other stock exchange listed companies.

"The Board would like to thank Andrew for his work over the last year and wish him the best in his future endeavors," added Rupert Williams, Chief Executive Officer of the Company.

About North Peak

The Company is a Canadian-based gold exploration and development company listed on the TSX Venture Exchange under the symbol "NPR" and the OTCQB under the symbol "NPRLF". Launched by the founding team behind both Kirkland Lake Gold and Rupert Resources, the team has a strong track record of acquiring mining assets, applying modern exploration techniques and taking them into operational mines. In 2025 North Peak fully acquired the Prospect Mountain Property which sits in the middle of the historic high-grade gold and polymetallic mining camp of Eureka Nevada within the gold prolific Battle Mountain/Eureka trend.

For further information, please contact:

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS: This press release includes certain "forward-looking statements" under applicable Canadian securities legislation. Forward-looking statements include, but are not limited to, timing and completion of any drilling and work programs on the Prospect Mountain Property, estimates of mineralization from drilling, sampling and geophysical surveys, geological information projected from drilling and sampling results and the potential quantities and grades of the target zones, the potential for minerals and/or mineral resources and reserves, and statements regarding the plans, intentions, beliefs, and current expectations of the Prospect Mountain Property and the Company that may be described herein. Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such information can generally be identified by the use of forward-looking wording such as "may", "expect", "estimate", "anticipate", "intend", "believe" and "continue" or the negative thereof or similar variations. Readers are cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are based will occur.

By their nature, forward-looking statements involve numerous assumptions, known and unknown risks and uncertainties, both general and specific, that contribute to the possibility that the predictions, estimates, forecasts, projections and other forward-looking statements will not occur. These assumptions, risks and uncertainties include, among other things, the state of the economy in general and capital markets in particular, accuracy of assay results, geological interpretations from drilling results, timing and amount of capital expenditures; performance of available laboratory and other related services, future operating costs, and the historical basis for current estimates of potential quantities and grades of target zones, as well as those risk factors discussed or referred to in the Company's Management's Discussion and Analysis for the year ended December 31, 2024 and the quarter ended September 30, 2025, available at www.sedarplus.ca, many of which are beyond the control of the Company. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

The forward-looking statements contained in this press release are made as of the date of this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Additionally, the Company undertakes no obligation to comment on the expectations of, or statements made by, third parties in respect of the matters discussed above.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276250

November 28, 2025 7:30 AM EST | Source: Lara Exploration Ltd.
Vancouver, British Columbia--(Newsfile Corp. - November 28, 2025) - Lara Exploration Ltd. (TSXV: LRA) ("Lara" or the "Company") is pleased to report that the purchase and sale agreement with Atlantica do Brasil Mineração Ltda. ("Atlantica") announced on October 14, 2025, has closed.

The Company's wholly owned Brazilian subsidiary has now acquired an exploration license adjacent to Lara's Planalto Copper-Gold Project in the Carajás Mineral Province in northern Brazil. The 345-hectare license lies along strike from and has the potential to add to Lara's Silica Cap resource.

On closing, the Company issued 164,777 common shares to Atlantica at a deemed price of CAD$2.2758 per share, such shares to be subject to a voluntary hold period of one year following closing.

Lara has agreed to drill a minimum of 2,000 metres and to prepare a NI-43-101-compliant Technical Report ("TR") by the end of 2027. Under the terms agreed with Atlantica, Lara will make the following additional staged payments, based predominantly upon exploration success:

By December 2027, Lara will pay a Success Fee equivalent to US$0.06/lb of copper contained in Measured and Indicated Resources in the TR.By December 2028, Lara will pay an additional Success Fee on the same terms on any additional Measured and Indicated Resources included in an updated TR.On any additional Measured and Indicated Resources estimated in any subsequent TR after the end of 2028, the Success Fee will be calculated at a rate of US$0.08/lb of copper.The Success Fee can be paid in installments annually, in either cash or Lara shares at Lara's discretion, with a maximum of US$1.25 million due in any one year. There is a minimum payment of US$500,000 regardless of the resource size discovered due at the end of 2027. It is a condition of the acquisition that Atlantica will not become an insider of Lara as a result of the receipt of shares of Lara under the Agreement, and Lara will not issue more than 5,000,000 shares to Atlantica without the prior approval of the TSX Venture Exchange.

Atlantica and an underlying vendor will each be entitled to a 1% net smelter return royalty on any production derived from the license.

About Lara Exploration

Lara is an exploration company, focused on advancing its 100%-owned Planalto Copper-Gold Project in the Carajás mining district in northern Brazil. It is anticipated that Planalto will be developed as a conventional open pit mine with a low strip-ratio, processing 8 Mtpa via a conventional crushing and grinding circuit followed by froth flotation. A single saleable chalcopyrite concentrate with a minor gold credit is to be transported internationally to third-party smelters. During the first 6 years, the PEA production schedule produces on average 36 kt (79 million lb) of copper and 7.2 koz of gold per year, and over an 18-year mine life, Planalto will produce 560 kt (1.2 billion lb) of copper and 111 koz gold. The project is located on private farmland, 4 km from the state highway with high tension powerlines alongside and close to two major Carajás mining towns within excellent infrastructure. A NI 43.101 Preliminary Economic Assessment and Mineral Resource Estimate are detailed in reports filed on November 17, 2025 and October 17, 2024 respectively. The Company also holds a diverse portfolio of prospects, deposits and royalties in Brazil, Peru and Chile. Lara's common shares trade on the TSX Venture Exchange under the symbol "LRA".

For further information on Lara Exploration Ltd. please consult our website www.laraexploration.com, or contact Chris MacIntyre, VP Corporate Development, at +1 416 703 0010.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.

Cautionary Statement on Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation based on expectations, estimates and projections as at the date of this news release. Any statement that involves predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance are not statements of historical fact and constitute forward-looking information. This news release may contain forward-looking information pertaining to the Planalto Copper-Gold Project, including, among other things, the ability to identify additional resources and reserves (if any) and exploit such resources and reserves on an economic basis; the preparation of a Preliminary Economic Assessment; the conduct of additional drilling; and upgrading of current mineral resource estimates.

Forward-looking information is not a guarantee of future performance and is based upon a number of estimates and assumptions of management, in light of management's experience and perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances, including, without limitation, assumptions about: favourable equity and debt capital markets; the ability and timing of funding to advance the development of the Planalto Project and pursue planned exploration and development; future spot prices of copper, gold and other minerals; the timing and results of exploration and drilling programs; the accuracy of mineral resource estimates; production costs; political and regulatory stability; the receipt of governmental and third party approvals; licenses and permits being received on favourable terms; sustained labour stability; stability in financial and capital markets; availability of mining equipment and positive relations with local communities and groups. There is no assurance that all or any of the Warrants will be exercised. Forward-looking information involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Factors that could cause actual results to differ materially from such forward-looking information are set out in the Company's public disclosure record on SEDAR+ (www.sedarplus.ca) under the Company's issuer profile. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward- looking information, whether as a result of new information, future events or otherwise, other than as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/276199

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in CNQ over 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.

Paul Dergarabedian, Comscore senior media analyst, joins 'Squawk Box' to discuss the box office outlook.

ALMATY, Kazakhstan, Nov. 28, 2025 (GLOBE NEWSWIRE) -- On the 27th March 2025 Joint Stock Company Kaspi.kz (“Kaspi.kz” NASDAQ: KSPI) signed a share purchase agreement with Rabobank Group, relating to the purchase of Rabobank's Turkish subsidiary Rabobank A.Ş.

As the AI trade fizzles, major technology stocks have seen month-to-date declines of as much as 37%.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of AVD either through stock ownership, options, or other derivatives. 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.

HomeMarketsCitrini Research sees an array of companies potentially benefiting from a shift away from Nvidia’s GPUsPublished: Nov. 28, 2025 at 7:44 a.m. ET

Google's AI microchips have increasingly been in the spotlight. Photo: PAU BARRENA/AFP/GETTY IMAGESThe apparent success of Google’s Gemini 3 launch, a program running on its tensor processing units (TPU) rather than Nvidia’s general processing units (GPU), means some analysts are focusing on the potential beneficiaries of this trend becoming more widespread.

And Citrini Research is asking this question: What if the AI hardware narrative shifts from Nvidia’s NVDA dominance to other challengers, Alphabet GOOG foremost among them, expanding the TPU ecosystem?

LOS ANGELES, Nov. 28, 2025 (GLOBE NEWSWIRE) -- The DJS Law Group reminds investors of a class action lawsuit against WPP plc (“WPP” or “the Company”) (NYSE: WPP) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Shareholders who purchased shares of WPP during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.

CLASS PERIOD: February 27, 2025 to July 8, 2025

DEADLINE: December 8, 2025

CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. WPP misled investors about its ability to forecast its revenue and growth, claiming it had a strong basis for projections. The Company failed to achieve its projections on new client wins and existing client retention. Based on these facts, WPP’s public statements were false and materially misleading throughout the class period.

If you are a shareholder who suffered a loss, contact us to participate.

NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. There is no cost or obligation to you to participate in this case.

WHY DJS LAW GROUP? DJS Law Group’s primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.

Join the case to recover your losses.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

CONTACT:

David J. Schwartz

DJS Law Group

274 White Plains Road, Suite 1

Eastchester, NY 10709

Phone: 914-206-9742

Email: [email protected]

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.

About Jamie Ashcroft
Jamie Ashcroft, the News Editor for Proactive UK, has developed an impressive career in financial journalism, focusing on the small-cap sector for over fourteen years. Before joining the Proactive team, he was a stockbroker during the global financial crisis, a role that complemented his educational background - a first-class degree in Business and Economics and qualifications in software design and development.
As one of the early external hires at Proactive in 2009, Jamie contributed... Read more

About the publisher
Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists.

Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth.

We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors.

The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies.

Use of technology
Proactive has always been a forward looking and enthusiastic technology adopter.

Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows.

Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation.

Read this before you think of buying Plug Power stock.

The highest price target for Plug Power (PLUG +1.54%) stock on Wall Street is $7 per share. The hydrogen stock is currently trading below $2 per share as of the time of this writing, and that's after the stock's 140%-plus run-up in the past six months.

You'd think Plug Power makes for a compelling investment case. Instead, I'll give you three compelling reasons why you should forget this stock.

Image source: Getty Images.

Plug Power is a loss-making company
Plug Power was founded in 1997 and shipped its first fuel-cell system for stationary power in 1999. That's also the year when it became a publicly listed company. In 2023, Plug Power outlined ambitious goals, projecting revenue to reach $1.2 billion in the year, $6 billion by 2027, and a whopping $20 billion by 2030.

Here's where things stand now: Plug Power generated only $629 million in revenue in 2024, down 29% from 2023. Worse yet, Plug Power has never turned a profit.

It's hard to be an investor in a company that hasn't been able to make money in over two decades of its existence. Although Plug Power expects to become profitable "overall" by the end of 2028, it's a big "if." In the nine months ended Sept. 30, 2025, Plug Power reported a net loss of $785 million.

Today's Change

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Plug Power needs a lot of money
Plug Power's growth hangs largely on its ability to generate cash. With the company burning cash instead, it has relied heavily on debt and stock issues to raise funds. This single chart illustrates the point.

PLUG data by YCharts

Plug Power recently raised additional funds to repay its existing high-cost debt and refinance a portion of its other loans, aiming to reduce its interest expenses. However, the company still has a long way to go before it can generate positive cash flows and bolster its balance sheet. Worse yet, Plug Power's latest announcement raises concerns about its growth plans.

Plug Power pauses a major growth program
Plug Power was banking on a $1.66 billion loan guarantee that it received from the Department of Energy in early 2025. That was, however, under the Biden administration. President Donald Trump paused funding for Biden's clean energy initiatives, putting growth plans for companies like Plug Power in limbo.

The DOE loan was a lifeline for Plug Power as it would have financed the development of several green hydrogen plants, helping Plug Power produce green hydrogen internally and reduce reliance on third-party purchases.

In November, Plug Power announced that it is suspending activities related to the DOE loan program and warned investors that this move could lead to the DOE terminating the loan commitment if deemed necessary, potentially limiting the company's future access to federal funding.

That also means a pause on Plug Power's ambitious hydrogen production plans. I believe this is a significant setback, one that should prompt investors to reassess their investment in Plug Power stock.

For Immediate ReleasesChicago, IL – November 28, 2025 – Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog includeMeta Platforms (META - Free Report) , Alphabet (GOOGL - Free Report) and Amazon (AMZN - Free Report) .

Here are highlights from Friday’s Analyst Blog:Meta Platforms' Ad Revenue Growth Picks Up: More Upside Ahead?Meta Platforms generates most of its revenues from advertising. In the third quarter of 2025, advertising revenues accounted for 98.6% of Family of Apps revenues and 97.7% of third-quarter total revenues. Advertising revenues jumped 25.6% year over year to $50.08 billion. The third-quarter 2025 advertising revenue growth was better than the second-quarter’s 21.5% year-over-year growth and the first-quarter’s 16.2% year-over-year growth.

Advertising revenues benefited from the total number of ad impressions served across Meta Platforms’ services, which increased 14%. Impression growth was healthy across all regions, driven by engagement and user growth, particularly on video surfaces. The average price per ad increased 10% year over year, benefiting from increased advertiser demand, largely driven by improved ad performance in the third quarter of 2025.

Improvement in AI ranking systems is driving advertising revenues. Meta Platforms’ initiatives to unify different models into simpler, more general models, which drive both better performance and efficiency. Annual run rate for META’s completely end-to-end AI-powered ad tools passed $60 billion at the end of the third quarter of 2025.

Meta Platforms and its advertising peers, Alphabet and Amazon, are expected to absorb more than 50% of the projected global ad spending this year and 56.2% in 2026. Meta Platforms has a strong pipeline of ad supply opportunities on both Threads and WhatsApp Status over the long term.

Ads are now running globally in Feed on Threads, and META plans to optimize the ad formats and performance before increasing supply. META’s Advantage+ creative suite is gaining traction, with the number of advertisers using at least one of its video generation features going up 20% on a sequential basis as adoption of image animation and video expansion continues to scale.

META Faces Tough Competition in Ad SpaceMeta Platforms is facing tough competition from Alphabet and Amazon.

Alphabet in the third quarter of 2025 reported revenues of $74.18 billion, which increased 12.6% year over year and accounted for 85.2% of total revenues. Search and other revenues accounted for 76.3% of Google Advertising revenues. YouTube’s advertising revenues improved 15% year over year to $10.26 billion. The search business is benefiting from AI infusion.

In the third quarter of 2025, Amazon’s advertising revenues increased 24% year over year to $17.7 billion. The company announced partnerships allowing advertisers to buy ad space on Netflix, Spotify, and SiriusXM Media through Amazon Ads, expanding its advertising reach beyond its own properties. The strong performance in advertising reflected successful AI-powered optimization of the platform and growing market share in digital advertising, providing a high-margin revenue stream that supports investments in other parts of the business.

META’s Share Price Performance, Valuation & EstimatesMeta Platforms shares have jumped 11.6% in the trailing 12 months, outperforming the broader Zacks Computer and Technology sector’s return of 27.9%.

Meta Platforms stock is trading at a premium, with a forward 12-month price/sales of 6.96X compared with the broader sector’s 6.61X. META has a Value Score of C.

The Zacks Consensus Estimate for 2025 earnings is pegged at $28.17 per share, up four cents over the past 30 days, suggesting 18.1% year-over-year growth.

Meta Platforms, Inc. price-consensus-chart | Meta Platforms, Inc. Quote

Meta Platforms currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Why Haven't You Looked at Zacks' Top Stocks?Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year.

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Note: Sheraz Mian heads the Zacks Equity Research department and is a well-regarded expert of aggregate earnings. He is frequently quoted in the print and electronic media and publishes the weekly Earnings Trends and Earnings Previewreports. If you want an email notification each time Sheraz publishes a new article, please click here>>>

Media Contact

Zacks Investment Research

800-767-3771 ext. 9339

[email protected]                                     

https://www.zacks.com                                                 

Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance  for information about the performance numbers displayed 

Paris, FRANCE, Nov. 28, 2025 (GLOBE NEWSWIRE) --

North Atlantic France SAS successfully completes the acquisition of a controlling stake in Esso Société Anonyme Française SA and of 100% of ExxonMobil Chemical France SAS, two independent companies of the ExxonMobil group

Successful completion of the acquisition by North Atlantic France SAS (“North Atlantic France”) of the 82.89% controlling interest of ExxonMobil France Holding SAS (“ExxonMobil”) in French listed company Esso Société Anonyme Française SA (“Esso S.A.F.”) at €26.19 per share and 100% of unlisted company ExxonMobil Chemical France SAS (“EMCF”) Clearance of both French Foreign Direct Investment authorization and EU Foreign Subsidies Regulation Esso S.A.F. now operating under its new name: North Atlantic EnergiesNorth Atlantic reaffirms its long-term commitment to the Gravenchon site, its employees, and France’s energy and industrial futureMandatory tender offer to be launched for the remaining Esso S.A.F. shares at €28.931 per share Paris, FRANCE – November 28, 2025 – North Atlantic France today announces the successful closing of its acquisition of an 82.89% controlling interest in Esso S.A.F. at €26.19 per share and 100% of EMCF from ExxonMobil following a competitive auction process initiated in 2024.

The transaction has received all required regulatory approvals, including French foreign direct investment authorization and clearance under the EU Foreign Subsidies Regulation. As of today’s closing, Esso S.A.F. is renamed North Atlantic Energies, paving the way for the beginning of a new chapter for a key player of France’s energy and industrial landscape.

Ted Lomond, President and CEO of North Atlantic Group, said:

“This acquisition represents a major step forward in North Atlantic’s international expansion. Over the past four decades, we have successfully transformed and operated complex industrial assets across Canada, combining safety, performance, and sustainability. We bring that same commitment to France, where we aim to invest for the long term and support the energy transition. With the creation of North Atlantic Energies, we are proud to establish a bridge between North America and Europe which reflects our ambition to build a premier transatlantic energy group.”

Simon Fenner, President of North Atlantic France, added:

“Today marks the start of a new chapter for North Atlantic Energies, and a strong signal of our long-term confidence in the Gravenchon site and its teams. I am proud of all the teams involved in making this transition a success, and of our shared ambition to strengthen Gravenchon’s position as a world-class industrial platform in the years to come. We see major opportunities to invest, to grow, and to contribute to the vitality of the Normandy region and to France’s energy and industrial future.”

North Atlantic will ensure that North Atlantic Energies sustains its commitment to maintaining the highest standards of product quality and service, and to sustaining trusted relationships with its customers across France and beyond. North Atlantic Energies will also continue to collaborate with ExxonMobil under long-term supply and technology agreements that ensure operational continuity while supporting innovation and reliability.

Next steps

In accordance with French securities law, North Atlantic France will implement a simplified tender offer (the “Offer”) for the remaining North Atlantic Energies shares not already held by North Atlantic France, at an Offer price of €28.93 per share. In this context, and as previously disclosed, the board of directors of Esso S.A.F, now North Atlantic Energies, has appointed Ledouble SAS, represented by Ms. Agnès Piniot and Mr. Romain Delafont, as an independent expert to issue a fairness opinion on the financial terms of the Offer which North Atlantic France intends to file with the AMF upon completion of the independent expert's work. North Atlantic France also intends to implement a squeeze-out procedure if the conditions are met at the end of the Offer.

MEDIA CONTACTS

France: Brunswick Group - [email protected]
Hugues Boëton: +33 6 79 99 27 15
Paul Priam: +33 6 84 39 09 89

Canada: Mark Duggan - [email protected]
+1-709-687-3136

ABOUT NORTH ATLANTIC
For nearly four decades, North Atlantic has been a market leader in the retail gas and convenience sector, as well as the residential, commercial, and wholesale fuel industries in Newfoundland and Labrador. Recently, through a joint venture with Suncor Energy, North Atlantic expanded its retail division into Nova Scotia and Prince Edward Island, through North Sun Energy. As managing partner, North Atlantic operates 110 fuel retail sites across all three provinces. North Atlantic has ambitious plans for future growth and development in strategic locations across the region.

Known for its expertise in acquiring and delivering exceptional products, North Atlantic caters to both domestic and industrial sectors while also serving global clients through their marine bunkering distribution channels.

North Atlantic is committed to strategic growth to deliver innovative and green energy solutions aligned with evolving global needs. By driving industry progress, North Atlantic is supporting new skills and new jobs for this dynamic landscape. North Atlantic remains committed to providing exceptional energy, fuel and convenience retail initiatives that enhance customer experience while fostering economic growth in the communities they serve in Canada and beyond.

1 The difference between the €28.93 per share Offer price and the €26.19 per share block purchase price reflects the exclusion, for purposes of the price offered to minority shareholders, of the downward purchase price adjustment agreed with ExxonMobil in respect of certain post‑closing social liabilities, as previously disclosed on September 24, 2025 and November 10, 2025.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of OZK either through stock ownership, options, or other derivatives. 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.

November 28, 2025 06:10 ET

 | Source:

Range Resources Corporation

FORT WORTH, Texas, Nov. 28, 2025 (GLOBE NEWSWIRE) -- RANGE RESOURCES CORPORATION (NYSE: RRC) today announced that its Board of Directors declared a quarterly cash dividend on its common stock for the fourth quarter. A dividend of $0.09 per common share is payable on December 26, 2025 to stockholders of record at the close of business on December 12, 2025.

RANGE RESOURCES CORPORATION (NYSE: RRC) is a leading U.S. independent natural gas and NGL producer with operations focused in the Appalachian Basin. The Company is headquartered in Fort Worth, Texas.  More information about Range can be found at www.rangeresources.com.

SOURCE: Range Resources Corporation

Range Investor Contact:

Laith Sando, SVP – Corporate Strategy & Investor Relations
817-869-4267
[email protected]

Analysts are expecting this beaten-down stock to double in the coming year, but can it deliver?

Figma (FIG +1.77%), a provider of cloud-based collaborative design tools that enable its customers to create websites, applications, and other digital products, has witnessed a roller-coaster ride on the stock market since it went public on July 31.

Shares of the company shot up a remarkable 250% on the day of its initial public offering (IPO). However, investor enthusiasm has gone for a toss since then. Figma dipped below its IPO price last week. It has lost a whopping 72% of its value after July 31, driven mainly by concerns about its rich valuation and slowing growth.

However, with the stock pulling back substantially since going public, is now a good time to consider buying it? Analysts, as it turns out, are expecting this tech stock to regain its mojo and jump impressively in the coming year. Let's see if Figma could indeed live up to such expectations.

Image source: Getty Images.

Figma is expected to step on the gas
Figma holds a 12-month median price target of $69, according to 10 analysts that cover the stock. That's just over double its current stock price.

The good part is that Figma's latest results suggest it may be able to come out of the tailspin it has witnessed since its IPO. The company's third-quarter 2025 earnings were released on Nov. 5, and there were quite a few positive takeaways. Figma not just beat Wall Street's expectations but also raised its 2025 guidance.

Figma's revenue increased by 38% from the year-ago period to $274 million, exceeding the higher end of its guidance range. This solid showing can be attributed to the new products and features launched by the company, which are helping it attract new customers and also get more business from existing ones. The company introduced over 50 new features in Q3, including an artificial intelligence (AI)-powered tool called Figma Make.

Users can convert their ideas into a functional prototype design with a written prompt. Figma Make helps users create apps and websites, and can be integrated with the company's other products. Another notable development is the integration of Figma's tools with ChatGPT. Users of the popular OpenAI chatbot can enter a prompt and ask it to be executed in Figma. Additionally, ChatGPT will suggest Figma to users when relevant.

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This partnership could be a big deal for Figma, considering that ChatGPT has over 800 million monthly users, and especially considering that OpenAI CEO Sam Altman suggests there are ways to monetize such integrations. What's more, Figma's AI tools are gaining terrific traction among customers. As CEO Dylan Field remarked on the latest earnings conference call:

Figma Make is speeding up. By September, approximately 30% of customers spending $100,000 or more in ARR were creating in Figma Make on a weekly basis, and that number has continued to grow.

Management added that Figma Make helped it close the third quarter with 540,000 paid customers, up from 450,000 at the end of Q1. Additionally, there was a 27% sequential increase in the number of customers that signed multiyear deals with the company in Q3. So, it wasn't surprising to see Figma report an increase of two percentage points in its net dollar retention rate to 131%.

The growth in this metric points toward an improvement in the adoption of Figma's solutions by its existing customers. So, Figma seems to be pulling the right strings to get back on track. Higher spending by existing customers, along with the addition of new customers who could go on to secure larger contracts in the future, may lead to a solid improvement in the company's bottom line in the long run.

But what about the valuation?
While Figma's growth was healthy last quarter, investors may wonder if the stock is attractive enough to buy right now. After all, the stock's price-to-sales ratio of 17 is still at a premium when compared to the U.S. technology sector's average of 8.4. However, it may be able to justify that premium.

Figma's updated 2025 revenue guidance of just over $1 billion implies a 40% increase from last year. Even analysts have become a tad bullish about its prospects going forward.

FIG Revenue Estimates for Current Fiscal Year data by YCharts

If Figma continues to add new customers at a healthy clip and wins more business from existing ones, it could end up delivering better-than-expected results in the coming year. Moreover, the company estimates that it is sitting on an addressable opportunity worth $33 billion in the global software design market.

So, there is a good chance Figma stock will indeed head higher in the coming year, as analysts are projecting. That's why now may be a good time to start accumulating this tech stock following its sharp post-IPO decline.

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