Market Signal Briefing

Bitcoin volatility remains a feature of the crypto investing landscape

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The recent drop in the price of bitcoin, and by extension the wider cryptoasset ecosystem, contains several important lessons for investors. For contextual purposes the price per bitcoin briefly dropped below $100,000 in November for the first since June before recovering some stability. Bitcoin, and the cryptoasset community more broadly, is no stranger to volatility or longish periods of bearish performance. Seasoned investors who have experienced prior downturns such as 2018-2019 and the post-FTX collapse drawdown will understand that volatility remains an embedded aspect of the cryptoasset class. Even following the change in administration in Washington D.C. and the flurry of policy changes that have benefited the crypto sector, adoption among both individuals and institutions remain a work in progress.

Given the ongoing geo-political tensions, trade disputes, and government shutdown that continues to paralyze decision-making at the policy level it is interesting to note how well both crypto and equity markets have dealt with these challenges. As with any bearish downturn or even a short-turn drop in price, however, there are lessons that can – and should be – learned from recent market volatility.

Let’s take a look at several lessons and takeaways that crypto investors should keep in mind as crypto volatility returns, policy makers remain sidelined, and the market continues to mature.

AI & Crypto Continue To Be LinkedWhile AI and automated trading bots have long been dominant in the traditional financial markets and ecosystems, the integration of AI within the crypto sector is accelerating. In the period of just a few weeks in 2025 the market capitalization of AI crypto agents jumped 29% to over $31 billion, and outperformed manual traders by between 15-25% during that same period. For the cryptoasset sector, which has experienced volatility through its history, having bots that are available 24/7 to continuously analyze market patterns, refine trading strategies, and leverage these insights to mitigate risk as well as improving forecasting ability, the benefits are quantifiable and only increasing.

Even more pointedly the intersection between the crypto mining sector and the AI industry has accelerated via recent deals due to the fact that both industries require energy, processing power, and the facilities to host these server farms. As both sectors continue to experience wider adoption among institutional users the power demand, and become lumped together within the broader technology asset class, trading patterns and fund flows continue to merge.

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Investors need to simply look at the recent sell-off of (potentially) over-inflated AI valuations and the associated crypto drawdown to see evidence of this convergence.

Crypto Is A Risk-On AssetFollowing the approval of the spot bitcoin ETF by the SEC in January 2024 a primary driving force behind the following rally and increase in price of bitcoin and other cryptoassets has been the inflow of institutional funds into the space. Many of the forecasts put forward by TradFi institutions for bitcoin were built on the assumption that ETF fund flows would continue to increase as larger buyers continued to enter the space. As geo-political tensions and trade disputes have continued to escalate, however, the impact on crypto trading patterns and volumes have reflected this. With newer investors, including both institutional and retail investors, having entered the space more recently during the bull market, losses and drawdowns are highlighting the risk-on nature of bitcoin and crypto at large.

As the fund flows into ETFs have slowed recently, larger wallets (holders) of bitcoin have been incrementally selling, and the number of retail wallets have increased this has created a sentiment that is incrementally less bullish than previously forecasted. With the direction of rate decisions at the Federal Reserve uncertain, economic data declining in quality, and trade tensions increasing while the government shutdown continues the risk-on nature of crypto – built on the previous 12 months of positive sentiment and gains – is exposing investors to downside risk as economic conditions remain volatile.

Volatility Remains A FeatureVolatility remains an embedded feature of the cryptoasset ecosystem, rather than a bug that needs to be hedged and/or mitigated out of the marketplace. Despite the recent policy progress, institutional investment and fund flows, and the general pivot in the United States to a pro-technology (including both AI and crypto) the crypto sector remains an emerging asset class. To put the size of the market in context, the crypto sector is worth in excess of $3 trillion, which represents significant growth, but pales in comparison to the trading volume and market capitalization of more established asset classes.

Highlighting this reality is the fact that the price of bitcoin, the gold-standard of crypto from an institutional investing perspective, routinely moves up and down by double-digit percentages. Such volatility would be the cause of incessant market analysis and media commentary if experienced by a leading equity, but for crypto investors this volatility remains a familiar and embedded aspect of the investing thesis. Crypto has come a long way in terms of investor education, policy wins, and investing fund flows but volatility, driven by either market forces or external forces, remains a feature as the market continues to mature.

New XRP address growth has declined sharply, signaling weakening investor participation and limited demand for the token.Long-term holders’ profits have fallen as the MVRV ratio dips, increasing the risk of mild selling pressure.XRP could consolidate between $2.28 and $2.13 unless renewed inflows push the price above $2.36 resistance.XRP has traded sideways for several days, struggling to find momentum amid weak market conditions. The lack of bullish signals across the broader crypto sector has left the token consolidating near key support levels.

Adding pressure, investor participation, and profitability are all declining, hinting at potential downside risks.

XRP Investors Pull BackNew XRP addresses have seen a noticeable drop, reflecting waning interest from fresh investors. Earlier this month, new wallet creation surged to a four-month high but has since fallen sharply to around 6,336. This cooling growth signals that new buyers see little incentive to invest in XRP at current levels.

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Such a decline in participation can weaken liquidity and stall price recovery. Without an influx of new capital, the demand needed to push XRP higher may be missing. If this trend continues, the altcoin could remain rangebound.

Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.

XRP New Addresses. Source: GlassnodeThe MVRV Long/Short Difference currently sits near 3%, reflecting shrinking profits for long-term holders (LTH). Historically, positive readings indicate healthy profitability, while declining values point to eroding gains. The recent dip suggests that even experienced investors are seeing lower returns from their holdings.

If long-term holders start realizing profits or exiting positions, this could add selling pressure to XRP’s price. Sustained declines in the MVRV ratio often coincide with reduced confidence, increasing the likelihood of minor corrections.

XRP MVRV Long/Short Difference. Source: SantimentXRP Price May Need A PushXRP is trading at $2.32, holding above the crucial $2.28 support level. The altcoin has made multiple attempts to breach $2.36 but has struggled to sustain momentum amid weak investor participation.

Given the current on-chain and technical setup, XRP could continue consolidating between $2.28 and $2.13 if selling pressure grows. A break below $2.13 would reinforce the bearish outlook and delay recovery.

XRP Price Analysis. Source: TradingViewHowever, if investor confidence improves and inflows strengthen, XRP could successfully flip $2.36 into support. This move would open the path toward $2.45 or even $2.52, signaling renewed bullish sentiment and invalidating the current bearish thesis.

Disclaimer

In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

Journalist

Posted: November 10, 2025

Key Takeaways
Why is BNB dropping this week?
BNB is down nearly 10% after failing to recover above $1,000.

What’s happening in the derivatives market?
Open interest remains flat near $866M, showing that traders are cautious and not taking big leveraged positions in either direction.

Binance Coin [BNB] is sliding again. The coin is down almost 10% this week, and the Derivatives market is confirming the hesitation.

Source: CoinMarketCap

The timing is awkward too: Binance Co-Founder CZ publicly reacted to news of a presidential pardon with visible surprise, insisting he has no connection to the Trumps.

BNB momentum fades
BNB has dropped nearly 10% this week, and the technicals align with that slowdown.

On the daily chart, price failed to recover above the $1,000 zone, while volume remained muted. Traders appeared unwilling to chase dips.

Source: TradingView

RSI was near 41, which is bearish but not washed-out enough to indicate capitulation. Meanwhile, MACD remained deep in negative territory, so the downtrend was still dominant at press time.

Put simply, this is controlled weakness. But without a surge in demand, BNB risks drifting lower before seeing meaningful support.

Derivatives stay quiet
Open Interest has barely moved this week, holding near $866 million. The chart showed a flatline that is indicative of traders’ hesitation.

Source: Coinalyze

The Aggregated Funding Rates also moved close to 0.0005%, showing a lack of leverage pressure from either longs or shorts. There’s no big money betting aggressively in either direction.

Despite BNB’s price drop, Derivatives traders seem content to wait things out, keeping activity subdued and momentum weak at press time.

CZ speaks out during controversy

After 40 days of political gridlock, the US federal government appears close to reopening, and crypto traders are once again betting that history may repeat itself.

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Summarize this article with:

In one week, spot ETFs backed by ether (ETH) saw about $508M in withdrawals, while Bitcoin ETFs also recorded notable outflows. The movement is not trivial. It reflects market sentiment, risk management arbitrage, and how institutional investors are now recalibrating their exposure to crypto assets.

In Brief

Ethereum spot ETFs register $508M outflows, while Bitcoin also sees withdrawals
The movement reflects institutional rotation: beta reduction, ETH/BTC arbitrage and more tactical risk management
In the short term, these flows weigh on spot but create entry windows, to be monitored via basis/funding.

$508M Exits from Ethereum and Bitcoin ETFs, Sign of Arbitrage and Tactical Caution
A spot ETF is not just a market note: it captures real flows, backed by reserves of underlying assets. As JPMorgan points out, client interest in spot Bitcoin ETFs is intensifying, signaling a redeployment of demand towards spot exposure. When investors lighten up, the issuer mechanically reduces its positions in ether or bitcoin. Result: capital contracts on one side, reinjects on the other, and liquidity reorganizes at the pace of institutional arbitrage.

The fact that Ethereum and Bitcoin record simultaneous outflows suggests a collective move. No panic. Rather a quick normalization of risk. Traders reduce, take profits, lighten the delta. In short, they become tactical again.

ETF withdrawals can temporarily weigh on the spot price. Not systematically: it all depends on order book depth and hedges already in place via futures and options. But, marginally, these flows matter and accelerate internal rotations between assets, including between ether and bitcoin.

Institutional Caution: Defensive Tactic or Assumed Rotation?
Analysts see it as short-term caution. That is consistent. When macro visibility becomes murky, the reflex is to reduce beta exposure, keep higher conviction positions. The ETF becomes the ideal control. One click, one allocation moves.

But one should not confuse withdrawals with disenchantment. An ETF outflow may be only the visible leg of a broader strategy: taking profit on spot, reopening via derivatives, buying options in the distribution tail. In other words, closing with one hand, re-encoding risk with the other. It’s clean, efficient, measurable.

Moreover, the ETH/BTC relationship remains central. When the market anticipates a phase of bitcoin dominance (narrative “digital reserve”, deeper institutional demand), it is logical to see arbitrage disadvantaging ETH in the short term. Then, often, the balance rebalances when approaching catalysts specific to the Ethereum ecosystem. Patience and granularity.

Market Consequences
Massive withdrawals concentrated over a few sessions can thin out order books. This creates “price gaps.” For a patient operator, these gaps are entry windows. Not in all-in mode. In ladder mode. Step by step. With smart stops and adjusted sizes.

The basis/funding spread between spot and derivatives: outflows from ETFs, combined with easing funding, signal selling pressure being absorbed. If the basis remains positive but more measured, the market catches its breath.

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Evans S.

Fascinated by Bitcoin since 2017, Evariste has continuously researched the subject. While his initial interest was in trading, he now actively seeks to understand all advances centered on cryptocurrencies. As an editor, he strives to consistently deliver high-quality work that reflects the state of the sector as a whole.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.

Mysten Labs has rolled out Mysticeti v2, a major upgrade to its consensus protocol that significantly enhances the performance of the Sui blockchain. The update introduces faster transaction processing, lower resource consumption, and improved network resilience — further positioning Sui as one of the most efficient and scalable Layer-1 blockchains in the industry.

Journalist

Posted: November 10, 2025

Key Takeaways
Is there evidence that sentiment has turned bullish for Dogecoin?
No, the Elon Musk post a few days ago and the recent price bounce saw a brief spike in social media engagement, but nothing sustained to reverse the downtrend.

What should DOGE traders expect now?
The $0.18-$0.19 was a key resistance zone and a rejection from here was underway, with the next price targets being $0.15 and $0.13.

Dogecoin [DOGE] and the memecoin market have shed 31% in value over the past month, according to CoinMarketCap data. Elon Musk’s post on X saw a social media buzz that price did not follow.

The decline in Open Interest in recent hours was accompanied by a retest of a resistance zone at $0.18. In the past 24 hours, DOGE was down by 2.67%, and its OI is down 3.66%. It signaled short-term bearishness.

Is this a signal for traders to go short? AMBCrypto examined the price charts to forecast the next move and also plot where its invalidation lies.

The rejection at KEY support shows a bearish Dogecoin

Source: DOGE/USDT on TradingView

Last week’s bearish forecast proved right, and a Dogecoin price move to $0.15 has materialized. At the time of writing, the rejection from the $0.18 level was a sign that the bears were still in power on the 1-day timeframe.

Lower-timeframe metrics supported this bias: both Open Interest and short-term price performance showed persistent selling pressure.

The daily timeframe has a bearish structure and a steady downtrend in the OBV. The MFI also signaled that sellers were in control.

Together, they showed why the $0.18 former support would likely be the beginning of a downward move that reaches $0.15 again, and possibly as low as the $0.13 support.

The bearish structure would be broken if Dogecoin can climb back above $0.209.

Liquidity data hints at ONE last squeeze
The 2-week Liquidation Heatmap highlighted the presence of liquidity overheat at $0.19 and $0.204. These short liquidations might be targeted before a price drop toward $0.13.

Watch out for a trend shift on the 1-day timeframe’s OBV, combined with a move past $0.209, for the beginning of an uptrend.

Until then, a potential bounce, even as high as $0.204, would be for selling.

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion

Akashnath S is a Senior Journalist and Technical Analysis expert at AMBCrypto. He specializes in dissecting price action, identifying key market trends through advanced chart patterns, and forecasting both short-term and long-term asset trajectories.
His distinct analytical method is grounded in his academic training as a Chemical Engineer. This background provides him with a systematic, process-oriented approach to market data, enabling him to analyze the complex dynamics of financial markets with precision and objectivity.
Having actively covered the cryptocurrency space since the landmark 2017 market cycle, Akashnath possesses years of experience navigating both bull and bear markets. This seasoned perspective is critical to his insightful reporting on market volatility and evolution.
As an active market participant, Akashnath enhances his analysis with crucial, hands-on experience. This practical application of his technical skills ensures his insights are not merely theoretical, but are also relevant and actionable for an audience looking to understand and navigate trading opportunities. He is dedicated to educating readers on the nuances of technical analysis, empowering them with the knowledge to make more informed financial decisions.

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Key Points:

Rift raises $8 million from Paradigm for native Bitcoin on Ethereum.Aims to enhance cross-chain BTC trades.Potentially disrupts DeFi models relying on wrapped BTC.
Rift, a peer-to-peer Bitcoin trading protocol, announced securing $8 million from Paradigm to enhance native Bitcoin trading on Ethereum and other platforms, aiming for a seamless cross-chain experience.

This funding could redefine Bitcoin’s role in DeFi by enabling direct trading without wraps, potentially impacting liquidity pools and existing wrapped Bitcoin models.

Rift Raises $8M to Integrate Bitcoin with Ethereum
Rift’s recent announcement highlights a significant milestone in its mission to integrate native Bitcoin trading with Ethereum, backed by an $8 million investment from Paradigm. The project aims to enable direct Bitcoin interoperability without the need for wrapped tokens. This development represents a potential shift in the crypto landscape, as it eliminates additional custodial risks associated with wrapped assets.

The investment is a strategic move to boost Bitcoin’s integration into Ethereum’s ecosystem and could pioneer new pathways for digital asset transactions.

Market reactions have been noticeably positive, with increased engagement from developers and community members across Ethereum and the broader DeFi ecosystem. Although no official responses have been issued by major crypto figures such as Arthur Hayes or CZ, the community’s excitement suggests that this project is viewed as a major technical advancement.

Expected Impact on DeFi and Market Dynamics
Did you know? Rift’s initiative to integrate native Bitcoin trading on Ethereum mirrors previous technological strides like RenVM. However, Rift’s method signifies advancement due to the non-custodial nature, mitigating previous risks linked with wrapped tokens, potentially altering long-standing approaches in DeFi.

Bitcoin is trading at $104,740.50 with a market cap of $2.09 trillion, reflecting a 2.39% over the past 24 hours, as per CoinMarketCap. Its dominance remains at 59.24%, despite a decline in value over the past 90 days by 11.70%. Trading volume reached $56.61 billion over the last day, marking a 5.90% increase.

Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 21:47 UTC on November 9, 2025. Source: CoinMarketCap

Experts from the Coincu research team suggest that Rift’s innovation could lead to significant disruptions in traditional DeFi mechanics, particularly those relying on synthetic BTC assets. Such a shift might result in increased regulatory scrutiny as native cross-chain protocols gain traction in large transaction volumes.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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The Bitcoin market has been in a state of uncertainty over the past few weeks, following its uncharacteristically negative performance in October. While the general market sentiment suggests that the end of the bull cycle might be near, the latest on-chain data indicates that the premier cryptocurrency might merely be undergoing a reset. According to a blockchain firm’s report, the recent sluggishness seems to be setting the stage for the coin’s next major move.

BTC Not In A Cycle Exhaustion Phase: XWIN
In the latest Quicktake post on the CryptoQuant platform, XWIN Research Japan revealed that the current situation of Bitcoin looks less like the end of a cycle and more like a restructuring phase. The DeFi firm believes that the market foundations are being reset after the clearing out of excess leverage in recent weeks.

Supporting the claim of reduced leverage, XWIN Research highlighted that open interest in the Bitcoin future market has reduced significantly since late October. This decline in open interest signals the exit of short-term traders from their leveraged positions.

The blockchain firm noted that, in past cycle peaks, leveraged trades often increased even at high price levels. However, this euphoric buildup of market positions is not currently the case for Bitcoin, meaning that a cycle top is likely not what is being witnessed.

Source: CryptoQuant
Furthermore, XWIN Research Japan said that the Bitcoin price is currently lacking momentum and not missing structural support. The blockchain firm pinpointed declining demand from United States institutional investors—as spotlighted by the negative Coinbase Premium Index—as one of the factors behind the lack of momentum.

As of this writing, Bitcoin is valued at around $101,930, reflecting no significant movement in the past 24 hours. The flagship cryptocurrency is deep in the red on the weekly timeframe, though, having suffered an 8% price decline in the last seven days.

Bitcoin Market Shows Both Strengths And Weaknesses
Despite the weakened institutional demand for BTC, XWIN Research highlighted some positive signs that could contribute to the cryptocurrency’s eventual recovery. For instance, the DeFi firm revealed that Bitcoin exchange reserves remain at multi-year lows, meaning that a limited supply is still available.

Additionally, stablecoin liquidity is gradually flowing back into the market; this means that purchasing power is also returning, and investors might just be waiting for the right time. However, XWIN Research noted that, despite the obvious market resilience, the current sentiment suggests a range-bound movement in the short term.

The price of BTC on the daily timeframe | Source: BTCUSDT chart on TradingView
Featured image from iStock, chart from TradingView

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Opeyemi Sule is a passionate crypto enthusiast, a proficient content writer, and a journalist at Bitcoinist. Opeyemi creates unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi enjoys reading poetry, chatting about politics, and listening to music, in addition to his strong interest in cryptocurrency.

5 minutes ago

The cheap network fees are a boon for traders but could signal long-term fundamental issues with Ethereum's revenue generation model.

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Gas fees on the Ethereum layer-1 blockchain dropped to just 0.067 Gwei on Sunday, amid a lull in the crypto markets sparked by October’s historic market crash.

The average price for executing a swap on Ethereum is just $0.11, non-fungible token (NFT) sales carry a fee of $0.19, bridging a digital asset to another blockchain network will cost users $0.04, and onchain borrowing costs $0.09 at the time of this writing, according to Etherscan.

Ethereum network transaction fees hit a recent high of 15.9 Gwei on October 10, the day of the market flash crash that caused some altcoins to shed over 90% of their value within 24 hours.

However, by October 12, fees dropped back down to just 0.5 Gwei and mostly remained well below 1 throughout October and November. 

Ethereum layer-1 gas prices over the last month. Source: EtherscanInvestors and traders may take advantage of the low transaction fees to execute onchain transactions on the base layer. However, analysts and crypto industry executives warn that the excessively low fees might spell trouble for the Ethereum ecosystem.

The Ethereum base layer has seen a loss of revenue since 2024During the 2021 bull run, transaction fees on the Ethereum layer-1 could cost users $150 or more during times of network congestion.

However, following the Ethereum Dencun upgrade in March 2024, which lowered transaction fees for Ethereum’s layer-2 scaling networks, fees contracted significantly, causing Ethereum’s revenue to decline by 99%.

Ethereum layer-1 network fees 2023-2025. Source: Token TerminalCritics say the low network fees are unsustainable for any blockchain network and present both financial and security challenges due to the lack of revenue to incentivize validators or miners to process transactions and secure the blockchain.

Because fees are responsive to user demand, low fees and revenues could also signal that users are moving away from a particular blockchain network.

Ethereum, in particular, has chosen a scaling strategy that relies on an ecosystem of separate layer-2 networks, which represents a double-edged sword, according to research from crypto exchange Binance.

While layer-2 networks allow Ethereum to scale and compete with newer, high-throughput chains, the Layer-2 networks are also cannibalizing revenue from the base layer, creating additional competition for Ethereum within its own ecosystem.

Magazine: How Ethereum treasury companies could spark ‘DeFi Summer 2.0’

Key Takeaways Rigetti Computing is a leader in the red-hot quantum computing industry.Rigetti is one a mission to tackle humanity's most pressing problems. However, Rigetti remains primarily R&D focused presently.
What is Quantum Computing?What is quantum computing? Quantum computing is expected to be the next generation of computing, an improved version of a classical computer. Today’s computers store information as 0 (off) or 1 (on), flipping between each.  Conversely, in a process called superposition, quantum computers can use both 0 and 1 at the simultaneously. An excellent metaphor for understanding quantum computing imagining a house where children are playing hide-and-go-seek. In this example, envision the children searching each room as today’s computers, with each room, nook, and cranny needing to be searched individually. Meanwhile, rather than checking each room individually, a quantum computer can search the entire house at once.

Quantum computers are not necessarily faster than traditional computers in every aspect. However, for certain complex problems. Quantum computers can solve problems that would take a conventional computer millions of years.

Rigetti Computing Company OverviewZacks Rank #3 (Hold) stock Rigetti Computing ((RGTI - Free Report) ) is a leader in the scorching-hot quantum computing industry group. Rigetti builds industry-leading “superconducting quantum chips” which can be used for finance, logistics, and scheduling applications. The company’s website states its mission as to “Build the world’s most powerful computers to help solve humanity’s most important and pressing problems.”

Rigetti Earnings Preview·       When: Rigetti will report Q3 2025 earnings on Monday, November 10th, after the US stock market closes.

·       Wall Street Expectations: Zacks Consensus Analyst Estimates suggest that revenue will be a tepid $2.39 million in Q3, while EPS will be $-0.05.

·       EPS Track Record: RGTI has a mixed EPS track record. The company has matched Wall Street expectations twice, missed once, and has beaten once as a public company.

Image Source: Zacks Investment Research

·       Implied Move: The options market suggests a post-eps move of ~14%.

Rigetti: What to Know about EPSRigetti management acknowledges that the company is still mainly in the R&D stage. In other words, unlike most companies, Rigetti will not be judged primarily by its earnings results relative to Wall Street expectations, but instead by news partnerships, technological advances, and forward-looking statements.

Rigetti Performance & Technical ViewOver the past year, investors have looked beyond Rigetti’s unproven earnings and sales track record and have instead bet on the future technology of quantum computing. RGTI has been a momentum trader’s dream, with shares soaring some 2,261% over the past year. After the last explosive thrust higher, RGTI shares are testing the rising 50-day moving average – an intermediate trend filter investors should be monitoring.

Image Source: TradingView

Bottom Line

Quantum computing promises to transform how complex problems are solved. As Q3 EPS approaches, Rigetti sits at the forefront of this next-generation technological revolution.

The ongoing probe into its data gathering practices is casting a dark cloud over its stock.

AppLovin (APP 0.24%) posted its third-quarter earnings report on Nov. 5. The adtech company's revenue surged 68% year over year to $1.41 billion and exceeded analysts' expectations by $70 million. Its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) jumped 90% to $1.16 billion, while its earnings per share (EPS) rose 96% to $2.45 and cleared the consensus forecast by $0.06.

Those year-over-year growth rates notably exclude its mobile gaming business, which it sold to Tripledot Studios this July, from both periods. On a sequential basis, it expects its revenue to rise 12% to 14% in the fourth quarter as its adjusted EBITDA increases 11% to 14%.

Image source: Getty Images.

That outlook also surpassed analysts' estimates, but the ongoing Securities and Exchange Commission (SEC) probe of its data collection practices likely capped its post-earnings gains. Let's see how that investigation might impact AppLovin's business and weigh down its stock.

How did AppLovin evolve over the past three years?
AppLovin was originally a mobile game publisher. But in 2022, it acquired the mobile adtech company MoPub and the connected TV advertising company Wurl to expand its digital advertising business. In 2023, it launched its artificial intelligence (AI)-powered Axon ad discovery platform. As it helped more mobile developers monetize their apps, its growth accelerated.

AppLovin subsequently expanded its advertising ecosystem into non-gaming markets (like e-commerce marketplaces and connected TV services), and launched a new self-service platform that allowed advertisers to manage their own ad campaigns. That AI-driven advertising business became its core growth engine and offset the sluggish growth of its legacy gaming business. That's why it sold its entire mobile gaming business for $400 million in cash last year.

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It even placed a bid to buy TikTok's international business from ByteDance earlier this year, but it could struggle to outbid bigger potential suitors like Amazon, Microsoft, and Oracle (which already hosts TikTok's U.S. user data). The SEC probe could also hurt its chances of winning that bid.

Why is the SEC investigating AppLovin?
Over the past year, several prolific short-sellers claimed AppLovin's data collection strategies violated app store policies. They accused it of impermissibly pulling user IDs from other apps run by Alphabet's Google, Meta Platforms, Snap, TikTok, Reddit, and others to craft its own targeted ads. Most of those allegations targeted its AI-driven Axon platform.

AppLovin denied those allegations, but its stock stumbled in early October after Bloomberg claimed the SEC was probing its data collection services. In its latest 10-Q filing, it admitted that if those claims are successful, its "business, financial condition, and results of operations could be adversely affected." It warns that even if those claims are eventually resolved in its favor, the costs of defending itself "could divert the resources of our management and our board of directors" and throttle its growth.

Why do investors need to keep an eye on the SEC probe?
From 2024 to 2027, analysts still expect AppLovin's revenue and adjusted EBITDA to grow at a CAGR of 27% and 42%, respectively. Most of that growth should be driven by Axon's AI-powered targeted ads and its self-service advertising platform. With an enterprise value of $209 billion, AppLovin trades at 28 times next year's revenue and 34 times its adjusted EBITDA. Those valuations seem reasonable, but they're pinned to the expectations that Axon's AI-powered adtech platform will expand and evolve.

But if the SEC probe escalates into a full-blown lawsuit, AppLovin's valuations will likely decline as the regulators cast dark clouds over Axon's future. AppLovin's insiders sold more than 4 times as many shares as they sold over the past three months, and that chilly insider sentiment suggests that its shares could remain under pressure for the foreseeable future. AppLovin could still have a lot of long-term growth potential, but investors shouldn't go all-in on its stock until it fully addresses these issues. That said, it might still be worth nibbling on as a speculative play on the secular expansion of the AI-powered adtech market.

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Total Company Revenue increased 13.4% to $522.9 million in the third quarter of 2025 from $461.1 million in the third quarter of 2024; Revenue from the Digital Health reportable segment (inclusive of intersegment revenue) increased 51.6% to $24.8 million in the third quarter of 2025 from $16.4 million in the third quarter of 2024Total Company Adjusted EBITDA(1) was $84.9 million in the third quarter of 2025 as compared with $73.7 million in the third quarter of 2024, an increase of 15.2%; Digital Health reportable segment Adjusted EBITDA(1) increased 6.9% to $3.5 million in the third quarter of 2025 from $3.2 million in the third quarter of 2024Total Company Adjusted EBITDA(1) margins increased by 26 bps to 16.2% in the third quarter of 2025 as compared with 16.0% in the third quarter of 2024Adjusting for unusual or one-time items in the quarter, Adjusted Diluted Earnings Per Share(3) was $0.20 for the third quarter of 2025; This compares with Adjusted Diluted Earnings Per Share(3) of $0.18 for the third quarter of 2024In the third quarter of 2025, aggregate advanced imaging (MRI, CT and PET/CT) procedural volumes increased 13.0% and same-center advanced imaging procedural volumes increased 9.9% as compared with the third quarter of 2024As of September 30, 2025, we had a cash balance of $804.7 million and Net Debt to Adjusted EBITDA(1) ratio of approximately 1.0xRadNet revises full-year 2025 guidance levels to increase Imaging Center Revenue and Adjusted EBITDA(1) ranges and Digital Health Revenue ranges
LOS ANGELES, Nov. 09, 2025 (GLOBE NEWSWIRE) -- RadNet, Inc. (NASDAQ: RDNT), a national leader in providing high-quality, cost-effective outpatient diagnostic imaging services and a premier global developer of digital health solutions, today reported financial results for its third quarter of 2025.

Dr. Howard Berger, President and Chief Executive Officer of RadNet, commented, “The business continues to demonstrate strong growth and record results in each of the Imaging Center and Digital Health reportable operating segments. Total Company Revenue grew 13.4% and Adjusted EBITDA(1) grew 15.2% as compared with last year’s third quarter, resulting in Adjusted EBITDA(1) margin expansion of 26 basis points. Contributing to the achievement of these results were the continued focus on creating capacity at existing centers, new center openings, ongoing business mix shift towards advanced imaging, tuck-in acquisitions, increased reimbursement from commercial and capitated payors, the expansion of health system joint ventures and an acceleration of Digital Health Revenue growth.”

Dr. Berger continued, “During the quarter, we experienced strong aggregate and same-center advanced imaging procedural volume growth. Aggregate advanced imaging procedural volumes increased 13.0% and same-center advanced imaging grew 9.9% relative to last year’s third quarter. As a result, RadNet’s advanced imaging business mix increased 153 basis points from last year’s third quarter, from 26.7% of all procedures in the third quarter of 2024 to 28.2% in the third quarter of 2025.”

“Given the positive trends we are experiencing in virtually all aspects of the business and the strong financial performance of the third quarter, we are revising upwards certain guidance levels in anticipation of financial results that we believe will exceed both original expectations and the adjustments we made to the guidance ranges upon releasing first and second quarter 2025 results. We have increased 2025 Imaging Center guidance ranges for Revenue and Adjusted EBITDA(1) and have raised Revenue Guidance for the Digital Health operating segment,” added Dr. Berger.

“RadNet’s balance sheet remains strong. At third quarter end, we had a cash balance of $804.7 million and a leverage ratio of Net Debt to Adjusted EBITDA(1) of approximately 1.0. This liquidity position provides the financial flexibility to continue to drive organic growth and to pursue attractive strategic acquisitions of both imaging centers and digital health targets,” concluded Dr. Berger.

Third Quarter Financial Results

For the third quarter of 2025, RadNet reported Total Company Revenue of $522.9 million and Adjusted EBITDA(1) of $84.9 million. Revenue increased $61.7 million (or 13.4%) and Adjusted EBITDA(1) increased $11.2 million (or 15.2%) as compared with the third quarter of 2024.

For the third quarter of 2025, RadNet reported Digital Health Revenue (inclusive of intersegment revenue) of $24.8 million and Adjusted EBITDA(1) of $3.5 million. Revenue increased $8.4 million (or 51.6%) and Adjusted EBITDA(1) increased $223,000 (or 6.9%) as compared with the third quarter of 2024.

Unadjusted for unusual or one-time items impacting the third quarter, Total Company Net Income for the third quarter of 2025 was $5.4 million as compared with a Total Company Net Income of $3.2 million for the third quarter of 2024. Fully diluted Net Income Per Share for the third quarter of 2025 was $0.07, compared with a fully diluted Net Income Per Share of $0.04 in the third quarter of 2024, based upon a weighted average number of diluted shares outstanding of 77.4 million shares in 2025 and 75.2 million shares in 2024.

There were a number of unusual or one-time items impacting the third quarter including: $2.6 million of non-cash loss from interest rate swaps; $1.4 million in severance expense related to cost-savings initiatives; $621,000 expense related to leases for de novo facilities under construction that have yet to open their operations; $5.5 million of non-capitalized research and development expenses related to the DeepHealth Cloud OS and AI solutions; $2.1 million of acquisition transaction costs; and $2.8 million of lease abandonment charges. Adjusting for the above items, Total Company Adjusted Earnings(3) was $15.8 million and diluted Adjusted Earnings Per Share(3) was $0.20 during the third quarter of 2025. This compares with Total Company Adjusted Earnings(3) of $13.3 million and diluted Adjusted Earnings Per Share(3) of $0.18 during the third quarter of 2024.

For the third quarter of 2025, as compared with the prior year’s third quarter, MRI volume increased 14.8%, CT volume increased 9.4% and PET/CT volume increased 21.1%. Overall volume, taking into account routine imaging exams, inclusive of x-ray, ultrasound, mammography and other exams, increased 6.9% over the prior year’s third quarter. On a same-center basis, including only those centers which were part of RadNet for both the third quarters of 2025 and 2024, MRI volume increased 11.5%, CT volume increased 6.7% and PET/CT volume increased 14.9%. Overall same-center volume, taking into account routine imaging exams, inclusive of x-ray, ultrasound, mammography and other exams, increased 4.9% over the prior year’s same quarter

Nine Month Financial Results

For the first nine months of 2025, RadNet reported Total Company Revenue of $1,492.5 million and Adjusted EBITDA(1) of $212.5 million. Revenue increased $139.9 million (or 10.3%) and Adjusted EBITDA(1) increased $8.1 million (or 3.9%) as compared with the first nine months of 2024.

For the first nine months of 2025, RadNet reported Digital Health Revenue (inclusive of intersegment revenue) of $64.8 million and Adjusted EBITDA(1) of $10.6 million. Revenue increased $17.9 million (or 38.2%) and Adjusted EBITDA(1) increased $548,000 (or 5.5%) as compared with the first nine months of 2024.

Unadjusted for one-time or unusual items, Total Company Net Loss for the first nine months of 2025 was $18.1 million as compared with a Total Company Net Loss of $2.6 million for the first nine months of 2024. Fully diluted Net Loss Per Share for the nine month period of 2025 was $(0.24), compared with a Net Loss Per Share of $(0.04) in the nine month period of 2024, based upon a weighted average number of diluted shares outstanding of 74.7 million shares in 2025 and 72.6 million shares in 2024.

2024 Guidance Update

RadNet amends its previously announced guidance levels as follows:

Imaging Center Segment      Original Guidance RangeRevised Guidance Range After Q1 ResultsRevised Guidance Range After Q2 ResultsRevised Guidance Range After Q3 ResultsTotal Net Revenue$1,825 - $1,875 million$1,835 - $1,885 million$1,850 - $1,900 million$1,900 - $1,930 millionAdjusted EBITDA(1)$265 - $273 million$268 - $276 million$271 - $279 million$276 - $284 millionCapital Expenditures(a)$140 - $150 million$145 - $155 million$152 - $162 million$157 - $167 millionCash Interest Expense(b)$35 - $40 million$35 - $40 million$35 - $40 million$31 - $36 millionFree Cash Flow(2)$70 - $80 million$70 - $80 million$70 - $80 million$70 - $80 million      (a) Net of proceeds from the sale of equipment and New Jersey Imaging Network capital expenditures.
(b) Net of payments received from counterparties on interest rate swaps and interest income from our cash balance recorded in Other Income.

Digital Health Segment        Original
Guidance RangeRevised
Guidance Range After
Q1 ResultsRevised
Guidance Range After
Q2 ResultsRevised
Guidance Range After
Q3 Results      Total Net Revenue (inclusive of intersegment revenue) $80 - $90 million$80 - $90 million$80 - $90 million$85 - $95 million      Adjusted EBITDA(1) Before Non-Capitalized R&D - DeepHealth Cloud OS & Generative AI $15 - $17 million$15 - $17 million$15 - $17 million$15 - $17 million      Non-Capitalized R&D - DeepHealth Cloud OS & Generative AI $16 - $18 million$16 - $18 million$17 - $19 million$18 - $20 million      Capital Expenditures $3 - $5 million$3 - $5 million$2 - $4 million$3 - $5 million      Free Cash Flow(2) Before Non-Capitalized R&D - DeepHealth Cloud OS & Generative AI $11 - $13 million$11 - $13 million$11 - $13 million$10 - $12 million      Free Cash Flow(2) After Non-Capitalized R&D - DeepHealth Cloud OS & Generative AI $(5) - $(8) million$(5) - $(8) million$(5) - $(8) million$(6) - $(9) million
       Dr. Berger explained, “Based upon the consistent outperformance of the first three quarters of this year relative to our projections, we have increased guidance ranges of our core Imaging Center reporting segment for Revenue and Adjusted EBITDA(1). With respect to the Digital Health reportable segment, we updated the Revenue guidance range upwards, due in part to the contribution of iCAD Revenue beginning in mid-July. We have kept our Digital Health Adjusted EBITDA(1) guidance range unchanged.”

Conference Call for Tomorrow

Dr. Howard Berger, President and Chief Executive Officer, and Mark Stolper, Executive Vice President and Chief Financial Officer, will host a conference call to discuss its third quarter 2025 results on Monday, November 10th, 2025 at 7:30 a.m. Pacific Time (10:30 a.m. Eastern Time).

Conference Call Details:

Date: Monday, November 10, 2025
Time: 10:30 a.m. Eastern Time
Dial-In Number: 844-826-3035
International Dial-In Number: 412-317-5195

It is recommended that participants dial in approximately 5 minutes prior to the start of the 10:30 a.m. call. There will also be simultaneous and archived webcasts available at https://viavid.webcasts.com/starthere.jsp?ei=1740003&tp_key=5e6a1fc906 or http://www.radnet.com under the “Investors” menu section and “News Releases” sub-menu of the website. An archived replay of the call will also be available and can be accessed by dialing 844-512-2921 from the U.S., or 412-317-6671 for international callers, and using the passcode 10204112.

About RadNet, Inc.

RadNet, Inc. is a leading provider of outpatient diagnostic imaging services in the United States, with a network of 407 owned and operated imaging centers. The company’s markets include Arizona, California, Delaware, Florida, Maryland, New Jersey, New York and Texas. In addition, RadNet provides radiology information technology and artificial intelligence solutions marketed under the DeepHealth brand, teleradiology professional services and other related products and services to customers in the diagnostic imaging industry. Together with contracted radiologists, and inclusive of full-time and per diem employees and technologists, RadNet has over 11,000 team members. For more information, visit www.radnet.com.

Forward Looking Statements

This press release contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are expressions of our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, and anticipated future conditions, events and trends. Forward-looking statements can generally be identified by words such as: “anticipate,” “intend,” “plan,” “goal,” “seek,” “believe,” “project,” “estimate,” “expect,” “strategy,” “future,” “likely,” “may,” “should,” “will” and similar references to future periods. Forward-looking statements in this press release include, among others, statements about our anticipated business results, balance sheet and liquidity and our future liquidity, burn rate and our continuing ability to service or refinance our current indebtedness.

Forward-looking statements are neither historical facts nor assurances of future performance. Because forward-looking statements relate to the future, they are inherently subject to uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not place undue reliance on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following:

the availability and terms of capital to fund our business;our ability to service our indebtedness, make principal and interest payments as those payments become due and remain in compliance with applicable debt covenants, in addition to our ability to refinance such indebtedness on acceptable terms;changes in general economic conditions nationally and regionally in the markets in which we operate;the availability and terms of capital to fund the expansion of our business and improvements to our existing facilities;our ability to maintain our current credit rating and the impact on our funding costs and competitive position if we do not do so;our ability to acquire, develop, implement and monetize technology, digital health initiatives, artificial intelligence algorithms and applications;volatility in interest and exchange rates, or credit markets;the adequacy of our cash flow and earnings to fund our current and future operations;changes in service mix, revenue mix and procedure volumes;delays in receiving payments for services provided;increased bankruptcies among our partner physicians or joint venture partners;the impact of the political environment and related developments on the current healthcare marketplace and on our business, including with respect to the future of the Affordable Care Act;the extent to which the ongoing implementation of healthcare reform, or changes in or new legislation, regulations or guidance, enforcement thereof by federal and state regulators or related litigation result in a reduction in coverage or reimbursement rates for our services, or other material impacts to our business;closures or slowdowns and changes in labor costs and labor difficulties, including stoppages affecting either our operations or our suppliers’ abilities to deliver supplies needed in our facilities;the occurrence of hostilities, political instability or catastrophic events;the emergence or reemergence of and effects related to future pandemics, epidemics and infectious diseases; andnoncompliance by us with any privacy or security laws or any cybersecurity incident or other security breach by us or a third party involving the misappropriation, loss or other unauthorized use or disclosure of confidential information.
Any forward-looking statement contained in this current report is based on information currently available to us and speaks only as of the date on which it is made. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that we may make from time to time, whether as a result of changed circumstances, new information, future developments or otherwise, except as required by applicable law.

Regulation G: GAAP and Non-GAAP Financial Information

This release contains certain financial information not reported in accordance with GAAP. The Company uses both GAAP and non-GAAP metrics to measure its financial results. The Company believes that, in addition to GAAP metrics, these non-GAAP metrics assist the Company in measuring its cash-based performance. The Company believes this information is useful to investors and other interested parties because it removes unusual and nonrecurring charges that occur in the affected period and provides a basis for measuring the Company’s financial condition against other quarters. Such information should not be considered as a substitute for any measures calculated in accordance with GAAP, and may not be comparable to other similarly titled measures of other companies. Non-GAAP financial measures should not be considered in isolation from, or as a substitute for, financial information prepared in accordance with GAAP. Reconciliation of this information to the most comparable GAAP measures is included in this release in the tables which follow.

CONTACTS:

RadNet, Inc.
Mark Stolper, 310-445-2800
Executive Vice President and Chief Financial Officer

RADNET, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED BALANCE SHEETS(IN THOUSANDS EXCEPT SHARE AND PER SHARE DATA)     September 30, 2025 December 31, 2024 (unaudited)  ASSETS   CURRENT ASSETS   Cash and Cash equivalents$804,716  $740,020 Accounts receivable 210,548   185,821 Due from affiliates 12,362   41,869 Prepaid expenses and other current assets 50,151   51,542 Total current assets 1,077,777   1,019,252 PROPERTY, EQUIPMENT AND RIGHT-OF-USE ASSETS   Property and equipment, net 780,502   694,791 Operating lease right-of-use assets 675,330   639,740 Total property, plant, equipment and right-of-use assets 1,455,832   1,334,531 OTHER ASSETS   Goodwill 827,532   710,663 Other intangible assets 124,912   81,351 Deferred financing costs 1,829   2,265 Investment in joint ventures 129,127   104,057 Deferred tax assets, net 5,261   - Deposits and other 43,009   34,571 Total Assets$3,665,279  $3,286,690     LIABILITIES AND EQUITY   CURRENT LIABILITIES   Accounts payable, accrued expenses and other$419,207  $351,464 Due to affiliates 61,748   43,650 Deferred revenue 8,170   3,288 Current operating lease liability 60,335   56,618 Current portion of notes payable 25,454   24,692 Total current liabilities 574,914   479,712 LONG-TERM LIABILITIES   Long-term operating lease liability 690,935   655,979 Notes payable, net of current portion 1,070,886   991,574 Deferred tax liability, net -   22,230 Other non-current liabilities 14,585   3,785 Total liabilities 2,351,320   2,153,280 EQUITY   RadNet, Inc. stockholders' equity:   Common stock - $0.0001 value, 200,000,000 shares authorized; 77,032,154 and 74,036,993 shares issued and outstanding at September 30, 2025 and December 31, 2024, respectively 8   7 Additional paid-in-capital 1,147,402   988,147 Accumulated other comprehensive loss 5,970   (9,061)Accumulated deficit (94,840)  (76,785)Total RadNet, Inc.'s Stockholders' equity: 1,058,540   902,308 Noncontrolling interests 255,419   231,102 Total Equity 1,313,959   1,133,410 Total liabilities and equity$3,665,279  $3,286,690      RADNET, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENT OF OPERATIONS(IN THOUSANDS EXCEPT FOR SHARE AND PER SHARE DATA)(unaudited) Three Months Ended September 30, Nine Months Ended September 30, 2025
 2024
 2025
 2024
        REVENUE       Service fee revenue$491,426  $427,579  $1,398,838  $1,247,513 Revenue under capitation arrangements 31,443   33,563   93,660   105,050 Total service revenue 522,869   461,142   1,492,498   1,352,563 OPERATING EXPENSES       Cost of operations, excluding depreciation and amortization 450,379   391,800   1,332,944   1,169,113 Lease abandonment charges 2,819   -   8,330   - Depreciation and amortization 39,799   34,979   111,275   101,822 Loss (gain) on sale and disposal of equipment and other 1,042   148   3,168   735 Severance costs 1,441   304   2,614   797 Total operating expenses 495,480   427,231   1,458,331   1,272,467 INCOME (LOSS) FROM OPERATIONS 27,389   33,911   34,167   80,096 OTHER INCOME AND EXPENSES       Interest expense 17,355   19,427   51,783   61,776 Equity in earnings of joint ventures (3,567)  (3,595)  (10,522)  (11,308)Non-cash change in fair value of interest rate hedge 2,371   6,755   6,433   7,429 Debt restructuring and extinguishment expenses -   147   -   8,909 Other (income) expenses (9,044)  (5,414)  (24,520)  (16,248)Total other (income) expenses 7,115   17,320   23,174   50,558 INCOME (LOSS) BEFORE INCOME TAXES 20,274   16,591   10,993   29,538 Provision for income taxes (6,385)  (4,335)  (3,807)  (4,927)NET INCOME (LOSS) 13,889   12,256   7,186   24,611 Net income (loss) attributable to noncontrolling interests 8,472   9,047   25,241   27,163 NET INCOME (LOSS) ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS$5,417  $3,209  $(18,055) $(2,552)        BASIC NET INCOME (LOSS) PER SHARE ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS$0.07  $0.04  $(0.24) $(0.04)        DILUTED NET INCOME (LOSS) PER SHARE ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS$0.07  $0.04  $(0.24) $(0.04)WEIGHTED AVERAGE SHARES OUTSTANDING       Basic 75,950,350   73,494,709   74,703,658   72,587,321 Diluted 77,388,477   75,165,435   74,703,658   72,587,321          RADNET, INC. AND SUBSIDIARIESCONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS(IN THOUSANDS)(unaudited) Nine Months Ended September 30, 2025
 2024
CASH FLOWS FROM OPERATING ACTIVITIES   Net income$7,186  $24,611 Adjustments to reconcile net income to net cash provided by operating activities:   Depreciation and amortization 111,275   101,822 Noncash operating lease expense 44,605   45,516 Equity in earnings of joint ventures, net of dividends (4,590)  (10,308)Amortization of deferred financing costs and loan discount 2,242   2,336 Loss on sale and disposal of equipment 3,168   735 Loss on extinguishment of debt -   2,080 Lease abandonment charges 8,330   - Amortization of cash flow hedge 2,273   8,242 Non-cash change in fair value of interest rate swap 6,433   7,429 Stock-based compensation 46,276   21,368 Loss on impairment -   1,200 Change in fair value of contingent consideration -   1,974 Changes in operating assets and liabilities, net of assets acquired and liabilities assumed in purchase transactions:   Accounts receivable (20,476)  (35,369)Other current assets 2,093   4,738 Other assets (2,764)  (7,388)Deferred taxes 2   4,834 Operating leases (48,760)  (40,497)Deferred revenue 3,934   (255)Accounts payable, accrued expenses and other 53,429   57,426 Net cash provided by operating activities 214,656   190,494 CASH FLOWS FROM INVESTING ACTIVITIES   Purchase of imaging facilities and other acquisitions, net of cash acquired (66,464)  (37,748)Purchase of property and equipment and other (162,221)  (145,164)Proceeds from sale of equipment 75   151 Equity contributions in existing and purchase of interest in joint ventures (4,147)  (1,496)Collection of notes receivable 2,832   - Net cash used in investing activities (229,925)  (184,257)CASH FLOWS FROM FINANCING ACTIVITIES   Principal payments on notes and leases payable (5,229)  (4,296)Payments on Term Loan Debt (15,504)  (688,375)Proceeds from issuance of new debt, net of issuing costs 99,001   863,815 Purchase of noncontrolling interests by third party 2,389   7,569 Payments on contingent consideration and holdbacks -   (3,614)Distributions paid to noncontrolling interests (3,313)  (2,423)Proceeds from sale of economic interests in majority owned subsidiary, net of taxes -   8,641 Proceeds from issuance of common stock -   218,385 Proceeds from issuance of common stock upon exercise of options 2,258   367 Net cash provided by financing activities 79,602   400,069 EFFECT OF EXCHANGE RATE CHANGES ON CASH 363   40 NET INCREASE IN CASH AND CASH EQUIVALENTS 64,696   406,346 CASH AND CASH EQUIVALENTS, beginning of period 740,020   342,570 CASH AND CASH EQUIVALENTS, end of period 804,716   748,916     SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION   Cash paid during the period for interest$53,679  $57,227 Cash paid during the period for income taxes$3,480  $2,202      RADNET, INC. AND SUBSIDIARIESRECONCILIATION OF GAAP NET INCOME ATTRIBUTABLE TO RADNET, INC. COMMON SHAREHOLDERS TO ADJUSTED EBITDA(IN THOUSANDS) Three Months Ended September 30, Nine Months Ended September 30, 2025
 2024
 2025
 2024
        Net income (loss) attributable to RadNet, Inc. common stockholders$5,417  $3,209  $(18,055) $(2,552)Income taxes 6,385   4,335   3,807   4,927 Interest expense 17,355   19,427   51,783   61,776 Severance costs 1,441   304   2,614   797 Depreciation and amortization 39,799   34,979   111,275   101,822 Non-cash employee stock-based compensation 9,041   4,723   46,276   21,369 Loss (gain) on sale and disposal of equipment and other 1,042   148   3,168   735 Non-cash change in fair value of interest rate hedge 2,371   6,755   6,433   7,429 Other expenses (income) (9,044)  (5,414)  (24,520)  (16,248)Non-Capitalized R&D - DeepHealth Cloud OS & Generative AI 5,486   3,345   13,835   9,977 Lease abandonment charges 2,819   -   8,330   - Loss (gain) on extinguishment of debt and related expenses -   147   -   8,909 Non-cash change to contingent consideration -   -   -   1,974 Non-operational rent expenses 621   1,287   2,459   3,119 Acquisition transaction costs 2,136   417   5,109   417         Adjusted EBITDA - RadNet, Inc.$84,869  $73,662  $212,514  $204,451         NOTE       Adjusted EBITDA - Imaging Center Segment 81,417   70,433   201,948   194,433 Adjusted EBITDA - Digital Health Segment 3,452   3,229   10,566   10,018          PAYMENTS BY PAYOR CLASS        Third Quarter  2025
   Commercial Insurance 57.3%Medicare 23.6%Capitation 6.0%Medicaid 2.6%Workers Compensation/Personal Injury 2.2%Other* 8.4%Total 100.0%   * Includes management fee, teleradiology and Digital Health financial reporting unit revenue.    RADNET PAYMENTS BY MODALITY                    Third Quarter Full Year Full Year Full Year  2025
 2024
 2023
 2022
         MRI 38.4% 37.1% 36.8% 36.8%CT 15.4% 15.9% 16.8% 17.5%PET/CT 8.8% 7.2% 6.4% 5.8%X-ray 5.4% 6.0% 6.5% 6.7%Ultrasound 13.4% 13.6% 12.9% 12.6%Mammography 15.2% 16.4% 16.0% 15.3%Nuclear Medicine 0.8% 1.0% 0.8% 0.9%Other 2.5% 2.7% 3.9% 4.5%  100.0% 100.0% 100.0% 100.0%          PROCEDURES BY MODALITY*       Third Quarter Third Quarter  2025 2024     MRI 512,861 446,596CT 290,975 265,874PET/CT 22,817 18,844Nuclear Medicine 8,965 9,282Ultrasound 705,347 650,322Mammography 496,465 484,357X-ray and Other 889,888 862,732     Total 2,927,318 2,738,007     * Volumes include wholly owned and joint venture centers.      RADNET, INC. AND SUBSIDIARIESSCHEDULE OF ADJUSTED EARNINGS AND EARNINGS PER SHARE(3)(IN THOUSANDS EXCEPT SHARE DATA)(unaudited)               Three Months Ended   September 30, September 30,   2025
 2024
      NET INCOME (LOSS) ATTRIBUTABLE TO RADNET, INC.     COMMON STOCKHOLDERS$5,417  $3,209               Non-cash impact of cash flow hedges (i) 2,587   8,111   Severance costs 1,441   304   Non-operational rent expenses (iii) 621   1,287   Non-capitalized R&D - DeepHealth cloud OS & generative AI 5,486   3,345   Acquisition transaction costs 2,136   417   Debt amendment fee -   147   Lease abandonment charges 2,819   -         Total adjustments - loss (gain) 15,090   13,611   Subtract tax impact of Adjustments (ii) (4,753)  (3,552)  Tax effected impact of adjustments 10,337   10,059       TOTAL ADJUSTMENT TO NET INCOME ATTRIBUTABLE     TO RADNET, INC. COMMON SHAREHOLDERS 10,337   10,059       ADJUSTED NET INCOME (LOSS) ATTRIBUTABLE TO RADNET, INC.     COMMON STOCKHOLDERS 15,754   13,268       WEIGHTED AVERAGE SHARES OUTSTANDING     Diluted 77,388,477   75,165,435       ADJUSTED DILUTED NET INCOME PER SHARE     ATTRIBUTABLE TO RADNET, INC. COMMON STOCKHOLDERS$0.20  $0.18       (i) Impact is the sum of (a) the loss in fair value of the hedges during the quarter of $2,371 in 2025 and loss of $6,755 in 2024 and (b) the amortization of the accumulation of the changes in fair value out of Other Comprehensive Income that existed prior to the hedges becoming ineffective of $216 in 2025 and $1,356 in 2024.
(ii) Tax effected using 31.5% blended federal and state effective tax rate for 2025 and 26.1% for 2024.
(iii) Represents rent expense associated with de novo sites under construction prior to them becoming operational.
       Footnotes

(1) The Company defines Adjusted EBITDA as earnings before interest, taxes, depreciation and amortization, each from continuing operations and adjusted for losses or gains on the sale of equipment, other income or loss, debt extinguishments and non-cash equity compensation. Adjusted EBITDA includes equity earnings in unconsolidated operations and subtracts allocations of earnings to non-controlling interests in subsidiaries, and is adjusted for non-cash or extraordinary and one-time events taken place during the period.

Adjusted EBITDA is reconciled to its nearest comparable GAAP financial measure. Adjusted EBITDA is a non-GAAP financial measure used as analytical indicator by RadNet management and the healthcare industry to assess business performance, and is a measure of leverage capacity and ability to service debt. Adjusted EBITDA should not be considered a measure of financial performance under GAAP, and the items excluded from Adjusted EBITDA should not be considered in isolation or as alternatives to net income, cash flows generated by operating, investing or financing activities or other financial statement data presented in the consolidated financial statements as an indicator of financial performance or liquidity. As Adjusted EBITDA is not a measurement determined in accordance with GAAP and is therefore susceptible to varying methods of calculation, this metric, as presented, may not be comparable to other similarly titled measures of other companies.

(2) As noted above, the Company defines Free Cash Flow as Adjusted EBITDA less total Capital Expenditures (whether completed with cash or financed) and Cash Interest Expense. Free Cash Flow is a non-GAAP financial measure. The Company uses Free Cash Flow because the Company believes it provides useful information for investors and management because it measures our capacity to generate cash from our operating activities. Free Cash Flow does not represent total cash flow since it does not include the cash flows generated by or used in financing activities. In addition, our definition of Free Cash Flow may differ from definitions used by other companies.

Free Cash Flow should not be considered a measure of financial performance under GAAP, and the items excluded from Adjusted EBITDA should not be considered in isolation or as alternatives to net income, cash flows generated by operating, investing or financing activities or other financial statement data presented in the consolidated financial statements as an indicator of financial performance or liquidity. As Adjusted EBITDA is not a measurement determined in accordance with GAAP and is therefore susceptible to varying methods of calculation, this metric, as presented, may not be comparable to other similarly titled measures of other companies.

(3) The Company defines Adjusted Earnings (Loss) Per Share as net income or loss attributable to RadNet, Inc. common stockholders and excludes losses or gains on the disposal of equipment, loss on debt extinguishments, bargain purchase gains, severance costs, loss on impairment, loss or gain on swap valuation, gain on extinguishment of debt, unusual or non-recurring entries that impact the Company’s tax provision and any other non-recurring or unusual transactions recorded during the period.

Adjusted Earnings (Loss) Per Share is reconciled to its nearest comparable GAAP financial measure. Adjusted Earnings (Loss) Per Share is a non-GAAP financial measure used as analytical indicator by RadNet management and the healthcare industry to assess business performance. Adjusted Earnings Per Share should not be considered a measure of financial performance under GAAP, and the items excluded from Adjusted Earnings Per Share should not be considered in isolation or as alternatives to net income, cash flows generated by operating, investing or financing activities or other financial statement data presented in the consolidated financial statements as an indicator of financial performance or liquidity. As Adjusted Earnings Per Share is not a measurement determined in accordance with GAAP and is therefore susceptible to varying methods of calculation, this metric, as presented, may not be comparable to other similarly titled measures of other companies.

, /PRNewswire/ --

Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Jasper Therapeutics, Inc. (NASDAQ: JSPR) between November 30, 2023 and July 3, 2025, both dates inclusive (the "Class Period"), of the important November 18, 2025 lead plaintiff deadline.

So what: If you purchased Jasper Therapeutics securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the Jasper Therapeutics class action, go to https://rosenlegal.com/submit-form/?case_id=45109 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 18, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

Details of the case: According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) Jasper lacked the controls and procedures necessary to ensure that the third-party manufacturers on which it relied were manufacturing products in full accordance with  cGMP regulations and otherwise suitable for use in clinical trials; (2) the foregoing failure increased the risk that results of ongoing studies would be confounded, thereby negatively impacting the regulatory and commercial prospects of Jasper's products, including briquilimab; (3) the foregoing increased the likelihood of disruptive cost-reduction measures; (4) accordingly, Jasper's business and/or financial prospects, as well as briquilimab's clinical and/or commercial prospects, were overstated; and (5) as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Jasper Therapeutics class action, go to https://rosenlegal.com/submit-form/?case_id=45109 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

      Laurence Rosen, Esq.
      Phillip Kim, Esq.
      The Rosen Law Firm, P.A.
      275 Madison Avenue, 40th Floor
      New York, NY 10016
      Tel: (212) 686-1060
      Toll Free: (866) 767-3653
      Fax: (212) 202-3827
      [email protected]
      www.rosenlegal.com

SOURCE THE ROSEN LAW FIRM, P. A.

Vistra has been drawing lots of attention among utilities, especially after its recent 15% sell-off from an all-time high.

In a state known for its love of big things, Irving, Texas-based Vistra (VST +3.46%) fits right in.

Not only is the company one of the largest non-regulated power generators in North America, it's also a major player in the nuclear space (operating six reactors, licensed for 60 years)  and a huge power producer supplying both the wholesale and retail electricity markets.

Another big thing about Vistra right now are its market returns, which currently rank it third best of 31 stocks in the Utilities Select Sector SPDR Fund (XLU +1.39%) with a 40% year-to-date gain through Nov. 3. That's more than double the performance of the sector and the broader S&P 500.

Image source: Getty Images.

And since the market lows in early April, Vistra's outperformance has been even wider, as its stock has essentially doubled in seven months, while gaining 750% over the past three years, and more than 1,000% in total returns since 2020.

Right place, right time
Part of Vistra's outsized growth has to do with market sentiment -- being in the right sector at the right time -- which is supported by the Utility Sector's 20% YTD gain, which ranks it second, behind only the Technology Select Sector ETF (XLK 0.35%).

Another big part of its advance has to do with the fact that as a so-called merchant generator, Vistra does not earn the typical regulated rates of return that come with the public utility commission oversight that its monopoly style peers face, but rather, can sell power at market prices, to both wholesale buyers as well as its own base of 5 million retail customers.

Today's Change

(

3.46

%) $

6.38

Current Price

$

191.00

Of course, free markets move up and down but at a time when demand for power is rising -- due in part to the surge in new artificial intelligence (AI) projects -- and new power supply is limited and slow to develop, the case for high prices is strong.

Risk vs. reward
Vistra investors do need to be aware of the unpredictability of regulatory risk and fluctuations in commodity prices related to fuel for its plants and wholesale electric prices. They also need to acknowledge interest rate risk, which is consistent with any capital-intensive industry that carries significant debt.

In addition, there's also the reality that Vistra is not cheap, with a forward price-to-earnings (P/E) ratio of 29 times and forward price-to-sales (P/S) ratio of 3.4 times expected results over the coming 12 months. Both of the figures land Vistra in the mid-80th percentile range, meaning those valuation metrics have only been higher about 15% of the time.

All in, Vistra's recent reality has not gone unnoticed and continues to enjoy the support of utility industry analysts, with 85% (17 of 20) who cover Vistra currently rating it a buy, with an average 12-month price of $225, implying about 20% upside from current levels.

Buy the dip?
Compared to the utility sector's 2.5% average yield, not to mention the group's top payout of 5% to 6%, Vistra's 0.5% dividend is tiny. Even so, Koyfin data shows the company has increased it for five consecutive years and, with a dividend payout ratio of just 20%, can easily afford to pay it -- and likely continue to increase it.

That said, Vistra investors have been more than compensated with triple-digit stock price gains over the past three to five years, and are not likely involved with it as an income play. Over the short-term, however, the past three months has seen Vistra's stock slide about 11% at a time when the utility sector rose 3.5% and the S&P 500 added about 8.5%. Investors looking and waiting for a good entry point should take note that shares of Vistra have fallen 15% since hitting an all-time high of $219 on Sept. 25.

Vistra will update investors on Thursday Nov. 6, when it reports its third-quarter earnings results.

VanEck Bitcoin ETF (HODL +2.88%) and iShares Bitcoin Trust ETF (IBIT +2.83%) both aim to track the price of Bitcoin (BTC +2.51%) as closely as possible, offering investors a straightforward way to access the cryptocurrency’s performance. This comparison breaks down their costs, returns, risks, and key characteristics to help clarify which may align better for investors with different priorities.

Snapshot (cost & size)MetricHODLIBITIssuerVanEckISharesExpense ratio0.20%0.25%AUM$2.0 billion$88.0 billionHODL is slightly more affordable, with a 0.20% expense ratio compared to IBIT’s 0.25% (as reported by Financial Modeling Prep). However, IBIT’s AUM is significantly larger.

What's insideIBIT’s primary holding is bitcoin, with small amounts of cash also included.—reflecting its goal to match bitcoin’s price performance. The fund is relatively new (1.8 years old) but has already reached $88.0 billion in AUM as of November 3, 2025, and its top holdings list includes only bitcoin and small amounts of cash. There are no embedded quirks or leverage resets to watch for.

HODL, from VanEck, is similarly straightforward with just one holding: bitcoin, accounting for 100% of assets. Sector breakdowns are not reported, but like the iShares Bitcoin Trust ETF, the VanEck Bitcoin ETF tracks the price of bitcoin passively and has no notable quirks or added complexity. Both funds are designed for pure bitcoin exposure, differing mainly in size, liquidity, and fee structure.

For more guidance on ETF investing, check out the full guide at this link.

Foolish takeExchange-traded funds with larger assets under management tend to offer lower expense ratios than smaller funds that can't employ economies of scale. That is not the case with these two Bitcoin ETFs. The VanEck Bitcoin ETF is waiving all sponsor fees for the first $2.5 billion of the trust's assets through Jan. 10, 2026.

As of Nov. 3, 2025, the VanEck Bitcoin ETF had a market value of $1.96 billion, so there's still time to scoop up shares of the ETF without paying any fees. After Jan. 10, the fund will charge a 0.2% fee. The iShares Bitcoin Trust ETF manages over $85.3 billion worth of Bitcoin but it has a relatively large 0.25% expense ratio.

Despite charging a larger fee, the iShares Bitcoin Trust ETF isn’t delivering a more impressive performance. During the 12 months ended Nov. 4, 2025, it rose by 45.16%. Over the same time frame, the VanEck Bitcoin ETF delivered a slightly better 45.47% return.

GlossaryETF (Exchange-Traded Fund): An investment fund traded on stock exchanges, holding assets like stocks or commodities.
Spot bitcoin exposure: Direct investment in bitcoin, aiming to match its current market price without using derivatives.
Assets Under Management (AUM): The total market value of assets that a fund manages on behalf of investors.
Expense ratio: The annual fee, as a percentage of assets, that a fund charges to cover operating costs.
Beta: A measure of a fund's volatility compared to the overall market; higher beta means greater risk and potential return.
Max drawdown: The largest percentage drop from a fund’s peak value to its lowest point over a specific period.
Liquidity: How easily an asset or fund can be bought or sold without affecting its price.
Passive tracking: A strategy where a fund aims to replicate the performance of a specific index or asset, rather than outperform it.
Leverage reset: The process of adjusting a leveraged fund’s exposure, typically daily, to maintain a set leverage ratio.

Artificial intelligence (AI) is advancing rapidly, but it faces significant constraints in power availability and physical space for data centers.

$125,000 Per Hour Grassroots Final Batch Velocity, in a $20B+ VC-Flooded 2025 Market
November 09, 2025 1:53 PM EST | Source: Krown Technologies LLC
Monroe, Louisiana--(Newsfile Corp. - November 9, 2025) - Krown Network, the quantum-secured, bootstrapped Layer 1 blockchain, sold out its final pre-sale batch of $500,000 in just over 4 hours - delivering a scorching $125,000 per hour fundraising velocity that surpasses industry legends.

This raise burst surpasses Ethereum's full 2014 ICO, which raised at a velocity of $18,162 per hour. Krown's speed eclipses it by seven times that rate in head-to-head final timeframes, while BTC was mined at a negligible value in 2009, gradually increasing to under 1,000 wallets by mid-2010, with no significant capital influx.

Krown: $125,000/hour
Ethereum ICO: $18,162/hour
Bitcoin (2009-2011): $0/hour

Ethereum's ICO was tainted with a 12% pre-mine for the founders and the foundation, fueling early concerns about centralization. Krown, by contrast, bootstrapped $3M with zero VC interference, echoing Bitcoin's grassroots purity while channeling Ethereum's visionary scale - all in a 2025 crypto VC market exploding past $20 billion year-to-date, where over 90% of Layer 1 funding hides behind private VC deals and vesting schedules.

Krown's traction extends beyond ETH and BTC. This final batch velocity outruns foundational ICOs like Cardano (16 months at ~$5,399/hour) and Fantom (3 months at ~$18,519/hour), proving bootstrapped innovation still thrives amid hype-driven projects and coins.

In a year where crypto startups raked in billions through centralized exchanges and VCs, Krown's community-fueled raise signals a return to decentralized roots.

"This velocity isn't luck; it's validation of quantum-secured innovation," declared Krown CEO James Stephens. "While giants retrofit for tomorrow's threats, Krown launches ready - with $500K vanishing in hours, fully liquid, and community-owned. "With MainNet igniting on January 3, 2026, and 70% of $KROWN supply staked pre-launch, Krown isn't chasing history - it's rewriting the playbook.

Positioning for MainNet Launch

Krown's pre-sale success fuels momentum toward its MainNet launch on January 3, 2026, when the native $KROWN token will power the Camelot Ecosystem, including the recently launched Qastle hot wallet and upcoming KrownDEX - the world's first quantum-secured decentralized exchange. With 70% of the supply already staked pre-launch, Krown is poised for explosive post-MainNet growth, integrating quantum entropy from equity partner, Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) (FSE: 34Q0), to safeguard against both classical and quantum threats.

About Krown Technologies, Inc.

Krown Technologies, Inc. develops advanced blockchain, fintech, and quantum-secured products within the Camelot Ecosystem, delivering practical, enterprise-grade blockchain solutions that merge DeFi, AI, gaming, and post-quantum security.

About Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) (FSE: 34Q0)

Quantum eMotion Corp. is a Canadian deep-tech company commercializing Quantum Random Number Generator (QRNG) solutions for cybersecurity, blockchain, and fintech. Its QRNG2 hardware produces true quantum entropy to secure data and transactions against classical and post-quantum threats. Website: https://quantumemotion.com

Forward-Looking Information

This release may contain forward-looking statements relating to fundraising velocity, community growth, MainNet launch, and market positioning. Actual results may differ due to factors beyond Krown Technologies' control, including market conditions and technological developments.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/273761

We'll also see earnings reports from Oklo, Cisco, Tencent, On Holding, and more. This week's scheduled releases of the consumer and producer price indexes have been preempted by the government shutdown.

November 09, 2025 2:07 PM EST | Source: The Rosen Law Firm PA
New York, New York--(Newsfile Corp. - November 9, 2025) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of V.F. Corporation (NYSE: VFC) between October 30, 2023 and May 20, 2025, both dates inclusive (the "Class Period"), of the important November 12, 2025 lead plaintiff deadline.

SO WHAT: If you purchased V.F. Corporation securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the V.F. Corporation class action, go to https://rosenlegal.com/submit-form/?case_id=44811 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 12, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants disseminated materially false and misleading statements and/or concealed material adverse facts concerning the true state of V.F. Corporation's turnaround plans. Specifically, defendants provided investors with material information concerning V.F. Corporation's turnaround plan ("Reinvent"), which in part focused on efforts to return the Vans brand to positive growth. The lawsuit alleges that defendants concealed that additional significant reset actions would be necessary to return the Vans brand to growth, and would result in significant setbacks to Vans' revenue growth trajectory. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the V.F. Corporation class action, go to https://rosenlegal.com/submit-form/?case_id=44811 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/273728

NEW YORK, Nov. 09, 2025 (GLOBE NEWSWIRE) --

WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Telix Pharmaceuticals Ltd. (NASDAQ: TLX) resulting from allegations that Telix may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Telix securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=43778 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

WHAT IS THIS ABOUT: On July 22, 2025, Telix disclosed receipt of a subpoena from the U.S. Securities and Exchange Commission, which was “seeking various documents and information primarily relating to the Company’s disclosures regarding the development of the Company's prostate cancer therapeutic candidates.”

On this news, Telix’s American Depositary Share (“ADS”) price fell 10.44% on July 23, 2025.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. At the time Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

Contact Information:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Law Firm, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
        Fax: (212) 202-3827
        [email protected]
        www.rosenlegal.com

Shares of NVIDIA (Nasdaq: NVDA) dropped 7.1% this week, sinking sharply after hitting a high of $211.34 on Monday morning.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

Michael Saylor’s Strategy may be preparing another Bitcoin purchase as Goldman Sachs forecasts a wave of interest rate cuts by mid-2026. The Strategy founder’s latest post, captioned “Best continue,” comes as the investment bank expects monetary easing to begin as early as December.

Saylor’s Post Sparks Speculation Of Fresh Bitcoin Accumulation
Saylor’s Strategy now holds 641,205 BTC, valued at around $65.45 billion. With an average cost of $74,064 per coin, the firm is sitting on roughly $18 billion in unrealized gains. The chart shared by Saylor shows 85 separate Bitcoin purchases. Last week, Strategy increased its BTC holdings with a $21 million purchase.

His post immediately reignited speculation that another accumulation phase may be underway. This follows Saylor’s direct call to buy more Bitcoin as the leading cryptocurrency traded around $101,000.

₿est Continue pic.twitter.com/gDnOoBH7Ad

— Michael Saylor (@saylor) November 9, 2025

Each previous orange marker on Saylor’s graph represented a Bitcoin purchase, even during heavy downturns in 2022. The consistent buying lowered the firm’s cost basis, giving Strategy one of the strongest long-term positions among corporate Bitcoin holders.

Goldman Sachs Sees Three More Fed Rate Cuts
At the same time, Goldman Sachs predicts a major policy shift that could support Bitcoin’s next leg higher. The bank’s chief U.S. economist, David Mericle, said the Federal Reserve is likely to cut rates three times between December 2025 and June 2026, bringing the federal funds rate down to 3–3.25%.

Goldman’s forecast contrasts Fed Chair Jerome Powell’s cautious optimism regarding any rate cuts this year. According to him, inflation is dropping and the labor market is weakening. Even with the cautious wording from Powell, the bank analysts still believe there are still reasons for additional rate cuts.

Reduction in interest rates normally increases liquidity and risk appetite in the market, which most traders consider as being bullish to cryptocurrencies. Lower interest rates and decreasing bond yields usually encourage more investors to purchase assets such as Bitcoin.

Bitcoin is currently being traded at $103,352 with an increase of 1.04% in the last 24 hours as presented by the TradingView.

The XRP community is buzzing once again after Vincent Van Code, a prominent developer and longtime supporter of the token, issued an extraordinarily bullish forecast—claiming that XRP could one day soar to $5,000 per coin “that quickly.”

Journalist

Posted: November 9, 2025

Key Takeaways
Why did FET fall this week?
Overbought signals and $13 million Open Interest drop triggered outflows and profit-taking.

What suggests a rebound ahead?
Spot inflows of $6.5 million, RSI near 48, and MACD’s bullish crossover hint recovery potential.

Artificial Superintelligence Alliance [FET] saw a wave of outflows, leading to a steep 14% decline in six days. Market sentiment stayed bearish, with monthly outflows down 40%.

The recent drawdown, while dragging investments notably lower, could be a simple corrective move. Here’s what AMBCrypto’s analysis found.

Overbought territory pushes FET lower
Market analysis revealed that FET’s recent price drop was triggered as the asset entered overbought territory and liquidity outflow surged.

The Bollinger Bands chart showed that FET traded within the overbought zone, marked with a circle on the chart below. This zone is reached when the price crosses above the green line — historically a strong liquidity wall — where large sell orders typically cluster.

Source: TradingView

Outflows from the Derivatives market also intensified the decline, as open interest dropped sharply in the last 24 hours.

Data from CoinGlass showed that over $13.2 million in contract positions were closed, with $1.4 million coming from liquidations.

Ideally, the price was moving toward the middle Bollinger Band at $0.2588, which could provide support and aid a potential rebound.

However, if this level fails to hold, FET could slide further toward the lower band at $0.1837, which has historically acted as a key support level.

Interestingly, the data indicates that the decline could merely be corrective, with a potential rally likely to follow.

A short corrective phase
This phase may simply be a short-term correction, as market sentiment shows quick liquidity returning to the market.

CoinGlass’s Spot Exchange NetFlow data showed that amid the price decline, Spot investors spent over $6.5 million scooping up FET within two days — suggesting buying activity could extend into the new week.

Source: CoinGlass

While Open Interest dropped $13 million, the Funding Rate climbed to 0.0083%, showing long traders continued paying shorts.

That positioning often signals confidence in a rebound.

Momentum is slow, but bulls show signs of revival
Technical indicators such as the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD) showed that selling pressure persists but is fading.

The RSI has slipped slightly below 50, signaling weakened buying momentum. However, the MACD is trending upward, indicating that bullish sentiment remains active — a potential sign of recovery.

Source: TradingView

If the RSI makes an upward reversal and the MACD continues to trend into the positive zone, FET could be primed for a rebound.