Market Signal Briefing

Oriole Resources PLC (AIM:ORR) CEO Martin Rosser talked with Proactive about the company’s latest agreement with BCM International and its impact on gold exploration projects in Cameroon.

The agreement secures $900,000 in cash and a further $300,000 in direct drilling expenditure, providing full funding for a 2,950-metre maiden drilling program at the Mbe North target. Rosser said the deal was “a clear validation of our exploration strategy in Cameroon” and underlined BCM’s continued confidence in the Bibemi and Mbe projects.

Rosser described the partnership with BCM as one based on shared commitment and technical expertise, highlighting that BCM’s operational and financial support allows Oriole to progress drilling and metallurgical work without shareholder dilution.

The Mbe North program, expected to commence in December, aims to convert an exploration target of 370,000 to 605,000 ounces of gold into a maiden JORC-compliant resource. This follows a previously reported 870,000-ounce JORC Inferred resource at nearby Mbe South, which Rosser described as “a transformational step” for the company.

Looking ahead, Oriole will continue preparatory work at Mbe North, conduct metallurgical testing at Bibemi, and advance its exploitation licence application in Cameroon.

Proactive: Martin, very good to speak with you. What does the completion agreement with BCM International mean for Oriole Resources and your projects in Cameroon?

Martin Rosser: Well, firstly good morning to you and good morning to viewers. And delighted to expand on today's important announcement. So the completion agreement represents an important milestone for Oriole Resources. It further strengthens our partnership with BCM International. It provides $900,000 in cash payments and with $300,000 in direct drilling expenditure, full funding for the next phase of exploration at Mbe, which will be a 2,950 metre maiden drilling program at Mbe North.

The agreement reflects BCM’s continued confidence in the potential of both Bibemi and Mbe, and it's a clear validation of our exploration strategy in Cameroon. And, emphatically, the quality of the assets that we've developed there and have made great progress with.

Proactive: Martin, how would you describe the partnership with BCM and the value it brings to advancing both the Bibemi and Mbe projects?

Martin Rosser: Our partnership with BCM is built on shared commitment, technical expertise and a long-term vision to unlock value in Cameroon’s gold potential. BCM brought significant mining operational capability and financial strength, enabling us to accelerate the drilling and metallurgical work at the projects without shareholder dilution. By meeting the commitments under the earn-in structure, BCM will earn a 50% interest in both projects, aligning our interests fully as we move forward towards resource growth and potential mine development.

So it's a very strong relationship. We've thoroughly enjoyed working together with them, and we look forward to the continuing mutual benefit that we have with them.

Proactive: Now, can you tell us a bit more about the upcoming Mbe North drilling program and what you're hoping to achieve?

Martin Rosser: So the Mbe North program, as I mentioned, will comprise 2,950 metres of diamond drilling. We expect it to begin in December this year. The aim is to convert the current exploration target that we have there — of 370,000 ounces to 605,000 ounces range of contained gold — into a maiden JORC-compliant resource for the Mbe North target.

This program follows the success we've already achieved at Mbe-01 South, located just 700 metres away, where we recently reported the excellent initial 870,000 ounces of JORC Inferred resource. The Mbe North program will build on that success and is targeting further resource growth and demonstrating the scalability of the very substantial Mbe gold system that we have already identified.

Proactive: Martin, how significant is the Mbe South maiden JORC resource in shaping Oriole’s future exploration plans?

Martin Rosser: Well, the maiden resource at Mbe South was a transformational step for the company. It provided the first independently verified measure of the gold potential within our Cameroon portfolio. And it gives us a strong platform to expand upon that. The resource not only validates our geological model, but also gives us the confidence to target nearby zones — as in Mbe North, as mentioned — with greater precision. It is a key building block in our longer-term goal of defining a multi-million ounce gold district in Cameroon.

Proactive: What can shareholders and investors expect from Oriole over the coming months, Martin?

Martin Rosser: Well, we expect a very active period ahead. In the short term, we will be doing the preparation work for the Mbe North drilling program while progressing additional metallurgical test work at Bibemi. At the same time, we’ll intensify our discussions with the Cameroon government around the exploitation licence application. And we look forward to doing that very soon.

Combined with the cash payments from BCM, this agreement will strengthen our balance sheet and it positions us to deliver meaningful progress across our portfolio as we move with considerable confidence into 2026.

Proactive: Martin, I hope you'll continue to keep us updated with your progress. Thank you very much for the update today.

Q3: 2025-11-07 Earnings SummaryEPS of $0.24 misses by $0.03

 |

Revenue of

$5.11B

(0.14% Y/Y)

misses by $98.05M

TELUS Corporation (T:CA) Q3 2025 Earnings Call November 7, 2025 11:00 AM EST

Company Participants

Robert Mitchell - Head of Investor Relations
Darren Entwistle - President, CEO & Director
Doug French - Executive VP & CFO
Zainul Mawji - EVP & President of Telus Consumer Solutions
Navin Arora - EVP and President of Business Solutions, Health, Agriculture, Consumer Goods & Partner Solutions

Conference Call Participants

Maher Yaghi - Scotiabank Global Banking and Markets, Research Division
Jerome Dubreuil - Desjardins Securities Inc., Research Division
Vince Valentini - TD Cowen, Research Division
Drew McReynolds - RBC Capital Markets, Research Division
Stephanie Price - CIBC Capital Markets, Research Division
Matthew Griffiths - BofA Securities, Research Division

Presentation

Operator

Good day, everyone. And welcome to the TELUS 2025 Q3 Earnings Conference Call. I would like to introduce your speaker, Robert Mitchell. Please go ahead.

Robert Mitchell
Head of Investor Relations

Good morning, everyone. Thank you for joining us today. Our third quarter 2025 results news release, MD&A, financial statements and detailed supplemental investor information were posted on our website earlier this morning. On our call today, we'll begin with remarks by Darren and Doug. For the Q&A portion, we will be joined by Zainul, Navin, Jason, Tobias, Hesham. Briefly prepared remarks, slides and answers to questions contain forward-looking statements. Actual results could vary from these statements. The assumptions on which they are based and the material risks that could cause them to differ are outlined in our public filings with securities commissions in Canada and the U.S., including in our third quarter 2025 and our annual 2024 MD&A.

With that, over to you, Darren.

Darren Entwistle
President, CEO & Director

Thank you, Robbie, and hello, everyone. In the third quarter of 2025, TELUS delivered another period of strong customer growth and financial performance, powered by our team's relentless focus on operational excellence. Our results showcase the compelling value

Recommended For You

Several companies are racing to claim the coveted $1 trillion market cap, backed by strong fundamentals. 

In today’s environment, where artificial intelligence, automation, and digital infrastructure are reshaping global industries, a handful of major corporations are positioning themselves for outsized growth.

In this case, Finbold has identified the following two stocks with the potential to reach $1 trillion in market capitalization by 2026.

Oracle (NYSE: ORCL)
Oracle (NYSE: ORCL) currently has a market capitalization of $682.08 billion, meaning the company would need to add about $317.92 billion, a 46.61% increase, to reach $1 trillion. That growth target may seem ambitious, but Oracle’s ongoing transition from traditional enterprise software to cloud and AI infrastructure gives it a credible shot.

In its most recent quarterly report, the technology giant posted $14.9 billion in revenue, with cloud services growing 28% year-over-year and its remaining performance obligations (RPO) swelling to an impressive $455 billion, a sign of massive contracted demand. 

The company has also launched its AI Data Platform and AI Database 26AI while strengthening multicloud partnerships with Google Cloud and Microsoft Azure. 

These efforts, coupled with potential multi-year AI infrastructure deals—such as a reported $20 billion agreement with Meta, highlight its growing presence in the enterprise AI space.

At the same time, Oracle’s partnership with AMD to deploy tens of thousands of GPUs for AI workloads adds further momentum. If the company can efficiently convert its backlog into revenue while managing capital-intensive data center expansion, its valuation could climb significantly. 

At the close of the last market session, ORCL stock was trading at $239, down 1.86%. Year to date, the stock has gained 44%.

ORCL YTD stock price chart. Source: Finbold
Walmart (NYSE: WMT)
Walmart  (NYSE: WMT) currently commands a market capitalization of $817.93 billion. To hit the $1 trillion mark, it needs an additional $182.07 billion, representing about 22.26% growth from current levels. As of press time, the retail stock was trading at $102.59, up 13.5% year to date.

WMT YTD stock price chart. Source: Finbold
That target may be within reach as the retail giant accelerates its digital transformation and supply-chain modernization. 

Walmart is rolling out Bluetooth-enabled sensors on roughly 90 million grocery pallets across its U.S. operations to enhance product freshness, reduce waste, and streamline logistics. 

Alongside this, the retailer is deepening its automation push through a major partnership with Symbotic, expanding robotics deployment across distribution centers. Meanwhile, its drone delivery service with Alphabet’s Wing Aviation is scaling from a handful of stores to more than 100 nationwide, enhancing last-mile fulfillment capabilities.

The company’s introduction of AI “Super Agents” aims to elevate customer service, supplier coordination, and internal operations, reflecting Walmart’s growing embrace of artificial intelligence. 

Together, these initiatives are expected to boost operational efficiency, expand e-commerce penetration, and lift profitability over time. 

Featured image via Shutterstock

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

NEAR, RENDER, DOT, and VET are among the other double-digit gainers today.

Bitcoin’s price dipped below $100,000 once again yesterday, but the bulls managed to step up and didn’t allow another breakdown.

Many altcoins have rebounded in a more impressive manner, including ETH, which neared $3,500 again, and XRP, which is above $2.30.

BTC Bounces Above $102K
The business week began on the wrong foot for the primary cryptocurrency. It tapped $111,000 last Sunday, but the bears took complete control of the market on Monday and didn’t let go for days. At first, the asset slipped to $104,000, and after a brief and unsuccessful recovery attempt, it started to lose value once again on Tuesday.

The culmination occurred when it slumped below $100,000 for the first time since June and bottomed at just under $99,000. It bounced off in the following days but was quickly stopped at $104,000 on Wednesday. The overall bearish sentiment continued, and BTC dipped to a five-digit price territory once again on Friday.

This time, the bulls managed to intervene before bitcoin dropped to $99,000. Its recovery attempt was similar as the asset jumped to $104,000 on Friday evening. It has been unable to continue upward and now sits about a grand and a half lower.

Its market cap has rebounded to nearly $2.050 trillion on CG, while its dominance over the alts has dumped from 58.2% to 57.6% in a day.

BTCUSD. Source: TradingView
FIL on the Rise
The declining BTC dominance means one thing – many altcoins have outperformed it. FIL is the undisputed leader, with a massive 50% surge that has pushed it to over $3.30 as of press time. On a weekly scale, the asset has gained more than 110%.

NEAR follows suit with a 22% pump. RENDER, VET, DOT, UNI, LTC, and WLD complete the double-digit price gainer club.

Many of the larger-cap alts have posted impressive increases over the past day as well. ETH is up by 5% to nearly $3,450, while XRP has reclaimed $2.30 after a 5.6% pump. BNB is close to $1,000, while DOGE has surged by more than 9%. ADA, LINK, SUI, XLM, and AVAX are also well in the green.

The total crypto market cap has recovered more than $100 billion daily and is up to $3.550 trillion now.

Cryptocurrency Market Overview. Source: QuantifyCrypto

Although XRP is experiencing a shorter-term bullish sentiment, long-term technical indicators suggest the asset may be entering a new bear cycle.

This possible bear cycle follows more than five years of trading within a long-term upward channel that began after the March 9, 2020 COVID flash crash, according to insights from TradingShot shared in a TradingView post on November 7.

XRP price analysis chart. Source: TradingView
The analyst highlighted key technical indicators confirming this shift. Notably, XRP recently broke below the 50-week moving average (MA), a critical support line that has historically marked trend continuation or reversal points. 

Last month’s flash crash briefly touched the 100-week moving average before recovering, mirroring price behavior observed in previous bear cycles.

At the same time, XRP’s July 14, 2025 all-time high coincided with the 2.5 Fibonacci extension level, matching the previous cycle’s peak from April 2021. 

Similar weekly RSI patterns and the recent 1W MA50 breach strongly suggest a bearish phase is underway. Historical precedent indicates that such patterns often lead to sharp downward moves.

XRP next price levels to watch 
Now, according to TradingShot, XRP could target the $0.90 level, aligning with the 0.618 Fibonacci retracement from the previous bear cycle and the 1M MA100. A potential entry point for long positions may emerge when the weekly RSI approaches oversold territory below 30, signaling a possible bottom.

Bearish sentiment is further supported by whale transactions signaling possible large-scale selling. On-chain data tracked by Whale Alert indicates that over the past 24 hours, more than 190 million XRP, worth roughly $448 million, moved between Gemini and unknown wallets. 

Such large transfers often signal potential market activity, fueling speculation that XRP’s price could see short-term volatility as traders react to institutional positioning.

This bearish sentiment comes even as Ripple continues to make notable deals. In this case, Ripple has announced a $500 million strategic investment at a $40 billion valuation, backed by top institutional investors including Citadel, Fortress, and Pantera Capital. The funding follows a record year and a $1 billion tender offer, with Ripple also repurchasing over 25% of its shares.

XRP price analysis
By press time, XRP was trading at $2.31, up over 4% in the past 24 hours, though it has plunged over 7% in the past week.

XRP seven-day price chart. Source: Finbold
XRP’s current price remains well below both the 50-day SMA ($2.65) and 200-day SMA ($2.65), confirming strong bearish momentum. The token is in a clear downtrend, having lost support from these key moving averages. 

Meanwhile, the 14-day RSI at 43.51 is neutral, neither oversold nor overbought, indicating no immediate exhaustion in selling pressure but also no strong bullish reversal signal yet.

Featured image via Shutterstock

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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.

The Filecoin price continues its explosive recovery, climbing over 51% in the past 24 hours. This surge follows yesterday’s massive 110% rally, which lifted the token from $1.8 to $3.9 before stabilizing near $3.3. Consequently, market optimism around decentralized storage assets has intensified. Meanwhile, Grayscale’s FIL coin holdings have reached an all-time high, highlighting growing institutional confidence in Filecoin’s long-term potential. 

Filecoin Price Breaks Out After Ending Multi-Month Downtrend
The Filecoin value  now trades near $3.26, holding firm after an incredible 110% rebound on November 7. The token soared from $1.8 to $3.9 before cooling off and finding balance around $3.3. That breakout ended months of pressure from a long downward channel that had kept the market subdued since early 2025.

Since then, buyers have shown renewed confidence, stepping back in after a long stretch of hesitation. The $3.2 level, which used to block every rally attempt, has flipped into a strong support zone, creating a new foundation for the FIL coin price. Meanwhile, $3.9 has become the next major barrier that bulls are now eyeing with determination.

If accumulation keeps building between $3.2 and $3.3, Filecoin could be quietly setting up for another leg higher — possibly reaching toward $5 before year-end. This recovery shows a shift in sentiment and suggests that Filecoin’s long period of stagnation might finally be coming to an end.

FIL/USDT 1-Day Chart (Source: TradingView)
Filecoin Golden Cross Setup in Progress
The 50-day moving average continues to rise toward the 200-day line, hinting at a developing golden cross formation that could confirm a long-term trend reversal. Specifically, such a crossover often signals the beginning of a sustained bullish phase. 

Although the 200-day line remains slightly downward, the narrowing gap shows improving strength and growing buyer control. Additionally, holding above $3.25 could keep short-term momentum alive and attract more accumulation. 

Furthermore, consistent buying at these levels might fuel further recovery in the FIL coin price, aligning with an optimistic Filecoin price prediction. Altogether, these signs suggest that Filecoin’s technical structure is improving, setting the stage for a prolonged uptrend.

Filecoin Golden Cross Chart (Source: TradingView)
Grayscale’s Expanding Filecoin Bet Strengthens Institutional Confidence
Grayscale’s steady accumulation underscores Filecoin’s growing recognition as a leading decentralized storage asset. Over the past two years, the investment firm has expanded its FIL coin holdings to more than 2.2 million tokens, marking a record high in November. 

Interestingly, the Grayscale Filecoin Trust now trades above $3 per share, which is higher than FIL’s spot value — a sign that investors are paying a premium. This behavior indicates strong conviction that Filecoin’s real worth exceeds its current market price. 

Meanwhile, the recent U.S.–China trade revisions, including reduced tariffs and renewed trade commitments, have eased global economic uncertainty. This development has boosted risk sentiment, which often benefits crypto assets like Filecoin. 

As macro conditions stabilize, liquidity could continue flowing into digital assets. Therefore, if this institutional buildup persists, the Filecoin price may remain supported above $3 and extend its ongoing uptrend.

Summary 
Filecoin’s recent breakout above key resistance levels has reignited investor confidence. Moreover, the sustained accumulation near $3.2 highlights strong market conviction in its ongoing recovery. The improving technical structure, backed by institutional support, strengthens the case for a continued climb toward $5. If this positive sentiment persists, the Filecoin price could maintain its upward trajectory well into the coming months.

Solana Foundation manager Vibhu Norby jumped into a heated XRP discussion on X, adding a sharp dose of humor to an already intense online conversation. The debate began when Tradeship University founder Cameron Scrubs urged followers to sell all their other crypto assets and buy XRP.

U.S. President Donald J. Trump has reaffirmed his administration's goal of making the United States the global leader in Bitcoin and digital assets, declaring that the “war on crypto” is officially over.

Trump Media's $2 billion Bitcoin treasury acquired at $118,000 faces mounting losses as BTC tests the critical 50-week EMA support at $100,887, while analysts monitor resistance levels between $106,000 and $120,000.

XRP recovered 4.59% to $2.3140 as Canary Capital, Bitwise, Franklin Templeton, and 21Shares filed amended S-1s to circumvent SEC delays from the government shutdown, positioning for potential November launches while the token trades below key moving averages ahead of a potential death cross.

Key NotesOne X user pointed out that the Fort Knox gold reserve audit is still stalling.Changpeng Zhao responded, stating that gold is difficult to verify.He tagged Peter Schiff, suggesting a jab at the recognized Bitcoin critic.
Binance founder Changpeng ‘CZ’ Zhao has come at popular Bitcoin (BTC) critic Peter Schiff with a strong argument against gold. In a November 8 post on X, the crypto pioneer stated plainly that the traditional metal asset is “difficult to verify.” His statement comes as questions arose on X about the stalled 2025 Fort Knox audit push.

What Happened to the Fort Knox Gold Audit?
There appear to be discussions regarding the verifiability of gold reserves in comparison to the transparency of digital assets like Bitcoin. An American X user pointed out the lack of progress on auditing the United States’ gold reserves at Fort Knox.

Precisely, he asked, “What ever happened to the audit at Fort Knox?” and to this, CZ responded, “Gold is difficult to verify.”

He tagged Peter Schiff to this post, suggesting a possible jab. Schiff is a well-known gold advocate and economist who seizes every opportunity to slam the flagship cryptocurrency Bitcoin. Then, on one hand, is CZ, who believes that Bitcoin could surpass gold in the future.

Gold is difficult to verify, @PeterSchiff 😆

— CZ 🔶 BNB (@cz_binance) November 8, 2025

The US Treasury’s gold reserves reportedly total 261.5 million troy ounces, with 147.3 million ounces stored at Fort Knox. Some sources claim that the last time this reserve saw a comprehensive audit was way back in 1953, about 72 years ago. There have been periodic calls for transparency, but until this day, no full audits have been made.

Tokenized Gold is Not Physical Gold
CZ’s jab is likely aimed at pointing out gold’s lack of verifiability as a weakness compared to crypto.

As an asset based on blockchain technology, Bitcoin and other cryptocurrencies promote transparency by offering a record of all transactions.

The gold-Bitcoin rivalry is extending significantly within the financial sector. In October, Schiff announced his plan to enter the Real-world Assets (RWAs) tokenization space by launching a tokenized gold product. Through this product, users can buy and transfer gold digitally. CZ quickly chipped in, citing that tokenized gold is not the same as having physical gold on-chain.

The Binance founder cautioned investors about the limitations of tokenized gold, noting that it relies on trust in a third party to deliver the actual asset. Interestingly, this could happen several decades later, even amid management changes or geopolitical disruptions.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

Binance News, Bitcoin News, Cryptocurrency News, News

Benjamin Godfrey is a blockchain enthusiast and journalist who relishes writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desire to educate people about cryptocurrencies inspires his contributions to renowned blockchain media and sites.

Godfrey Benjamin on X

TLDR:

Bitcoin whales sold 470,000 BTC worth $50B since January.
ETFs recorded $64B inflows in 2024, with $240M added on Nov 7.
Volatility fell 40% below prior cycles as institutional control grew.
On-chain data indicates consolidation, not speculative overheating.

Bitcoin’s largest holders have liquidated around $50 billion in Bitcoin since January, creating one of the biggest wealth transfers in crypto history. Despite the heavy selling, the market has shown unusual stability, with prices holding firm above $100,000. 

Previous whale sell-offs triggered massive crashes, but the current market absorbed the pressure without major drawdowns. Analysts say the shift signals a structural transformation in Bitcoin’s supply and demand dynamics.

Per the latest price data from CoinGecko at press time, BTC trades at $102,505. The token has recorded some recovery of the daya surging by 2.49%. Over the week however, the asset has seen a 6.75% decline. The volume sits at about $82 billion.

Bitcoin price on CoinGecko
Institutional Demand Redefines Market Behavior
Data compiled by Shanaka Anslem Perera shows that institutional investors such as BlackRock, Strategy, and major ETFs absorbed the released supply. Year-to-date ETF inflows hit $64 billion, reversing six straight days of $660 million in outflows with a $240 million rebound on November 7. 

Strategy now holds 641,000 BTC, while corporate treasuries added 131,000 coins in the second quarter alone. ETFs also accumulated an additional 111,000 BTC, reflecting deep institutional participation.

Perera noted that when institutions control supply, market volatility compresses sharply. Corrections that once averaged 80% now flatten to around 30%. 

Volatility has dropped roughly 40% below previous cycles, and miners earning $48.6 million daily after the halving are choosing to hold reserves instead of selling. This pattern signals a maturing market with longer investment horizons.

On-chain indicators point to mid-cycle consolidation rather than speculative excess. The Pi Cycle Top indicator sits inactive near $114,000, with its next signal expected around $205,600. The MVRV Z-Score remains low at 2.06, far from the 5.0 threshold associated with euphoria. 

Similarly, the Puell Multiple of 0.95 and 71% of supply in profit suggest healthy accumulation rather than overvaluation.

BITCOIN’S SILENT REVOLUTION: $50 BILLION VANISHED WITHOUT A TRACE

Old guard Bitcoin whales just executed the largest wealth transfer in crypto history. 470,000 coins dumped since January. $50 billion in raw selling pressure. Zero crash.

Price locked above $100,000.

Every… pic.twitter.com/d5g1BkQxq5

— Shanaka Anslem Perera ⚡ (@shanaka86) November 8, 2025

Analysts Outline Bitcoin’s Three Probable Paths
JPMorgan projects Bitcoin could rise toward $170,000 as ETF inflows expand and rate cuts push yields below 4.5%. Perera’s models outline three scenarios by mid-2026: a bull extension, a consolidation range, and a bearish reversal. 

A bull extension, carrying a 60% probability, depends on sustained weekly inflows above $1 billion. Consolidation could occur if buying matches selling, while a downturn may follow if whale liquidations exceed 500,000 BTC yearly.

The Bitcoin-to-gold ratio of 0.05 suggests a 70% upside to historical norms, supporting long-term accumulation. Perera describes the current phase as a “generational handoff” from retail traders to corporate balance sheets. 

Institutions now anchor Bitcoin’s market structure, replacing speculative cycles with structural stability. As distribution meets absorption, markets recalibrate, building the foundation for the next major expansion.

6 minutes ago

Zcash (ZEC) soared more than 400% over the past month, climbing above $700 before easing to $548 amid a rally in privacy-focused cryptocurrencies.

45

BitMEX co-founder Arthur Hayes has revealed that Zcash (ZEC) is now the second-largest holding in his family office Maelstrom, trailing only Bitcoin (BTC).

“Due to the rapid ascent in price, ZEC is now the 2nd largest *LIQUID* holding in MaelstromFund portfolio behind BTC,” he wrote in a Friday post on X.

The disclosure comes amid a sharp rally in Zcash, which has climbed from a low of $137 to over $730 in the past month, representing an increase of more than 400%.  

Other privacy coins have also posted strong weekly gains, with Dash (DASH), Decred (DCR) and ZKsync (ZK) all gaining more than 100%. However, major cryptocurrencies like Bitcoin (BTC) and Ether (ETH) have remained range-bound amid broader market uncertainty.

Zcash drops 12% after massive rallyAt the time of writing, ZEC trades at $548, down about 11.8% in the past 24 hours, with a market capitalization of $8.9 billion, according to CoinMarketCap. Trading activity remains elevated, with 24-hour volume up 139% to $4.63 billion.

ZEC drops after massive rally. Source: CoinMarketCapZcash’s circulating supply stands at 16.28 million ZEC, with a maximum supply cap of 21 million. The token’s fully diluted valuation (FDV) is around $11.5 billion.

Zcash’s hybrid model, which supports both transparent and shielded transactions, has made it a more palatable option. Like Bitcoin, it has a fixed supply of 21 million coins and is secured by a proof-of-work (PoW) mechanism.

Zcash’s comeback driven by grassroots privacy movementZcash Foundation executive director Alex Bornstein said the recent resurgence of Zcash has been entirely organic, fueled by rising public concern over government surveillance and data control. Speaking on Cointelegraph’s Chain Reaction show, Bornstein noted that the renewed interest reflects a “powerful narrative” around digital privacy and financial autonomy.

Bornstein clarified that the Zcash Foundation, a US-registered nonprofit, had “absolutely nothing to do” with the wave of renewed attention surrounding ZEC. “We were surprised to see when these mentions started popping up. Then to see that kind of wave just start to spread and then crest was extraordinary,” he said.

Magazine: Bitcoin OG Kyle Chassé is one strike away from a YouTube permaban

ARK Invest’s founder and CEO, Cathie Wood, reiterated her long-term optimism for Bitcoin in the November edition of In the Know podcast. 

Despite recent market fluctuations, she confirmed that her $1 million price projection for Bitcoin remains unchanged.

Wood pointed to the rapid expansion of stablecoins, whose combined value has now exceeded $300 billion, as evidence of a major evolution within the digital asset sector. 

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She explained that while the rise of stablecoins could moderate Bitcoin’s short-term performance, their success reinforces the overall credibility and maturity of the crypto ecosystem.

Bitcoin vs. Gold: $1 million predictionComparing Bitcoin’s trajectory to that of gold, Wood remarked that the precious metal’s market value has roughly doubled in recent years. She suggested that Bitcoin has the potential to match or even surpass half of gold’s market capitalization, which supports ARK Invest’s continued positive stance.

Wood also acknowledged that current liquidity pressures are weighing on the digital asset market but anticipates conditions to improve around mid-December, following updates from the Federal Reserve and new U.S. employment figures.

She concluded that Bitcoin’s status as “digital gold” is strengthening amid growing institutional involvement and a stabilizing macroeconomic environment, which she believes will lay the groundwork for another phase of growth heading into 2026.

Earlier, Wood reaffirmed her optimistic outlook on Bitcoin, predicting a base price of $650,000 by 2030, with the possibility of reaching as high as $1.5 million under more favorable circumstances. Wood, a prominent advocate for Bitcoin who began investing in the cryptocurrency in 2015, attributes her confidence to two primary factors driving its growth.

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This past week, BTC fell below the $100,000 mark for the first time since June 22. Bitcoin's price action has now begun to show early indications of stability. 

With renewed spot demand close to the $100,000 psychological level, where buyers have continuously reappeared, the market is currently leaning neutral-to-slightly bullish.

Chainalysis has observed that stablecoins are quickly replacing Bitcoin as the preferred digital currency for money laundering by fraudsters.

Eli Lilly (LLY 1.39%) and Berkshire Hathaway (BRK.A +1.14%) (BRK.B +1.20%) don't have a lot in common. The former is a pharmaceutical giant, while the latter is a diversified holding company with subsidiaries across many different sectors, from energy to transportation.

However, both are among the largest corporations in the world. Be rkshire Hathaway currently has the edge with a market cap of just over $1 trillion, making it a member of the elite trillion-dollar club. Lilly, with a market cap of $800 billion, could overtake it in the next five years, though, while also joining this exclusive clique. Here's why Eli Lilly has a better medium-term outlook.

Image source: Getty Images.

Eli Lilly's significant growth prospects
The market for weight management drugs is soaring; Eli Lilly has established itself as a leader in this niche and is already reaping the benefits. The company's tirzepatide, sold under the brand name Zepbound for treating obesity, is helping drive fast-growing sales. Over the next five years, Lilly's revenue and earnings should continue growing much faster than those of the average pharmaceutical giant.

On top of that, the drugmaker could have other clinical and regulatory catalysts. Eli Lilly is racing toward regulatory approval for orforglipron, which could become one of the first oral GLP-1 medications approved for weight management. The medicine should carve out a decent niche as an option for patients who don't like needles.

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On the clinical front, Lilly is developing retatrutide, a medicine whose approach could revolutionize the GLP-1 space, because it mimics the action of three gut hormones. Retatrutide's performance in phase 2 studies was so strong that, in a published paper, researchers said that only bariatric surgeries seemed to match its level of efficacy. If it shines again in phase 3 clinical trials, that could jolt Eli Lilly's share price.

Berkshire Hathaway's challenges
Meanwhile, Berkshire Hathaway's performance through the end of the decade could be unimpressive. Here are two reasons.

First, with Warren Buffett stepping down as CEO by the end of this year, the company's long-term future seems uncertain to many. Investors will want the new generation of leaders, including the new CEO, Greg Abel, to prove themselves. That won't be easy, and it might take a few years.

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Second, Berkshire's largest holding, Apple, is also facing headwinds. The iPhone maker has to deal with significant tariffs that may cut into its profits, while its trillion-dollar tech peers have an edge in the artificial intelligence (AI) market. Apple may still be an attractive long-term bet (and I believe it is). But its performance over the next few years might not be the kind that will help Berkshire Hathaway -- which has a little over a fifth of its $257.2 billion portfolio invested in Apple -- impress investors.

Is Berkshire Hathaway still a buy?
Berkshire Hathaway's diversification, culture, and investment philosophy should still make it a great long-term buy, but investors might have to be patient as the company begins delivering outstanding market-beating returns again. Through 2030, Eli Lilly could outperform it enough to be worth more. 

Meta Platforms is growing rapidly, but its spending is raising red flags.

Meta Platforms (META +0.50%) tumbled 15.2% in the three days since reporting third-quarter 2025 earnings. As of market close on Nov. 3, Meta is down 1.5% in the second half of 2025 compared to a 15.9% gain in the S&P 500 and a 24.7% surge in the Nasdaq Composite.

Here's why the recent sell-off is overblown, and why Meta remains one of the best opportunities for long-term investors seeking growth stocks at reasonable valuations.

Image source: Getty Images.

The AI investment cycle is maturing
History doesn't repeat in the stock market, but it rhymes all the time. When presented with a new and exciting theme that could make investors rich, the market often initially reacts like Dopey from Snow White in the diamond mine. Eyes light up, and greedy vapors overtake logic. Traders gamble on stock prices rather than investing in shares of companies with long-term intentions.

During this period, companies are rewarded for throwing money at ideas that fit that theme. It's been happening with artificial intelligence (AI), quantum computing, and nuclear energy. In recent years, the same dynamic has affected electric vehicle stocks, cloud computing, software-as-a-service companies, fintech, and plenty of other themes.

Over time, skepticism counteracts euphoria, and valuations come down. The companies that can translate spending into earnings growth can become huge winners, emerging from the ashes of countless losers.

The sell-off in Meta Platforms marked a turning point in investor sentiment toward AI. The stock sold off mainly because operating expenses are outpacing revenue growth -- leading to lower operating margins. Investors prefer when a company is growing operating income faster than revenue because it means converting more sales into profit -- a sign of efficiency.

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Meta can afford to swing big and sometimes miss
It's good for investors to be critical of AI spending. In fact, it's probably healthy for the market overall if companies are rewarded for strategic spending on AI rather than just throwing money at ideas and hoping it sticks. But the sell-off in Meta is overblown for a few key reasons -- the most important being that Meta can absolutely afford to bet big on bold ideas.

Despite ramping capital expenditures, Meta still exited the most recent quarter with $15.6 billion more in cash, cash equivalents, and marketable securities than long-term debt. And although operating expenses grew faster than revenue, Meta's operating margins were still impressive at 40% in the recent quarter compared to 43% in Q3 2024.

Even with higher Family of Apps (Instagram, Facebook, WhatsApp, Messenger) spending, Meta can still afford to lose billions every quarter on Reality Labs -- which includes big bets on virtual and augmented reality like Mega Quest and Ray-Ban Meta smart glasses. Similar to Q3 2024, Meta reported more than $4.4 billion in negative operating income from Reality Labs in its latest quarter. Without that loss, its margins would be even better.

If Meta cared only about its quarterly results, its operating margins would probably rival Nvidia's. But long-term investors care more about earnings growth years from now than near-term results.

AI investments are already paying off
Meta's spending is sizable, yet purposeful. Meta is building its own data centers, specifically designed to handle AI workloads. If it really wanted to cut costs, it could keep relying heavily on third-party data centers. But Meta is building out its own infrastructure for the long term.

For several years now, it has proven that its AI spending is paying off through increased engagement and content, specifically on Instagram. Higher user engagement and content creation make Instagram a more appealing destination for advertising spending.

On its third-quarter earnings call, Meta said that ad impressions grew 14% -- driven by engagement and user growth. And the average price per ad grew 10% due to higher advertiser demand and better ad performance.

Advertisers care more about generating a return on advertising spending than total viewership. To fulfill that need, Meta continues to improve its algorithm to align content feeds and advertisements with user interests. Meta specializes in positioning ads in front of potential buyers and supporting advertisers with detailed analytics -- which leads to elite conversion rates.

Meta is a great value for long-term investors
The sell-off in Meta shows that investors are demanding focused AI spending, which is healthy for the market overall. However, Meta remains one of the best long-term growth stocks to buy because it can afford to take risks on its AI spending. By improving engagement and creating AI-driven tools for advertisers, Meta is laying the groundwork for a long runway of future growth in mobile-first advertising on Instagram.

Meta has an impeccable balance sheet and high margins despite blowing billions on Reality Labs each quarter. Last week's sell-off pushed Meta's price-to-earnings ratio under 30 to 28.2 and its forward P/E down to just 24. This means that on a forward P/E basis, Meta is now the least expensive of the "Magnificent Seven" or the "Ten Titans" -- which are Meta plus Nvidia, Apple, Microsoft, Alphabet, Amazon, Broadcom, Tesla, Oracle, and Netflix.

All told, Meta stands out as a great buy for growth investors looking for a cash cow at a good value.

Fans of football and ‘Dancing With the Stars' are hooking up antennas to stay tuned in.

November 08, 2025 6:06 AM EST | Source: Bleichmar Fonti & Auld
New York, New York--(Newsfile Corp. - November 8, 2025) - Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against DexCom, Inc. (NASDAQ: DXCM) and certain of the Company's senior executives for securities fraud after significant stock drops resulting from the potential violations of the federal securities laws.

If you invested in DexCom, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/dexcom-inc-class-action-lawsuit.

Investors have until December 26, 2025, to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in DexCom securities. The case is pending in the U.S. District Court for the Southern District of New York and is captioned Prime v. DexCom, Inc., et al., No. 1:25-cv-08912.

Why Was DexCom Sued Under the Federal Securities Laws?

DexCom manufactures continuous glucose monitoring ("CGM") systems, including the Dexcom G6 and its flagship Dexcom G7.

During the relevant period, DexCom touted the reliability and accuracy of the G7, claiming it was "the most accurate CGM" on the market. The company also told investors that enhancements it made to the G7 were "making it even better" and "enrich[ing] the experiences" of its customers.

As alleged, in truth, DexCom made unauthorized design changes to the G6 and G7, which reduced the accuracy of the devices and exposed customers to potentially life-threatening health risks, and the company ignored safety issues to keep costs down.

The Stock Declines as the Truth Is Revealed

Between March and October 2025, DexCom faced multiple setbacks tied to G6 and G7 quality issues, each triggering significant stock declines. On March 7, 2025, the company disclosed it received an FDA warning letter regarding manufacturing and quality control concerns, which caused DexCom stock to decline $7.12 per share, or more than 9%.

When the FDA published the letter on March 25, 2025, revealing DexCom had modified the G6 and G7 without approval, and that the modifications reduced the accuracy of the products and put customers' health at risk, DexCom stock fell another $3.19 per share, or more than 4%, over two trading days.

Then, on September 18, Hunterbrook published "Dexcom's Fatal Flaws," a report based on FDA documents, and the accounts of doctors, patients, and DexCom employees, which revealed "G7 users have been hospitalized and died" and that "Dexcom staff say corporate culture put margins over safety." The Hunterbrook report caused a nearly 12% drop of $8.99 per share over two trading days.

Click here for more information: https://www.bfalaw.com/cases/dexcom-inc-class-action-lawsuit.

What Can You Do?

If you invested in DexCom you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/dexcom-inc-class-action-lawsuit

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named "Elite Trial Lawyers" by the National Law Journal, among the top "500 Leading Plaintiff Financial Lawyers" by Lawdragon, "Titans of the Plaintiffs' Bar" by Law360 and "SuperLawyers" by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/dexcom-inc-class-action-lawsuit

Attorney advertising. Past results do not guarantee future outcomes.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/273539

November 08, 2025 6:07 AM EST | Source: Bleichmar Fonti & Auld
New York, New York--(Newsfile Corp. - November 8, 2025) - Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Synopsys, Inc. (NASDAQ: SNPS) and certain of the Company's senior executives for securities fraud after a significant stock drop resulting from the potential violations of the federal securities laws.

If you invested in Synopsys, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/synopsys-inc-class-action-lawsuit.

Investors have until December 30, 2025, to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Synopsys securities. The class action is pending in the U.S. District Court for the Northern District of California and is captioned Kim v. Synopsys, Inc., et al., No. 3:25-cv-09410.

Why Was Synopsys Sued for Securities Fraud?

Synopsys provides design automation software products used to design and test integrated circuits. The Company's Design IP segment, which provides pre-designed silicon components to semiconductor companies, has been the Company's fastest-growing segment, growing from 25% of its revenue in 2022, to 31% in 2024.

During the relevant period, Synopsys told investors that its customers "rely on Synopsys IP to minimize integration risk and speed time to market" and that it was seeing "strength in Europe and South Korea." Synopsys also stated it was "continuing to develop and deploy[] AI into our products and the operations of our business."

As alleged, in truth, the Company's Design IP customers began to require additional customization for IP components, which was deteriorating the economics of its Design IP business and jeopardizing its business model.

The Stock Declines as the Truth Is Revealed

On September 9, 2025, Synopsys released its Q3 2025 financial results, revealing its "IP business underperformed expectations." The Company reported revenue for its Design IP segment of $425.9 million, a 7.7% decline year-over-year and net income of $242.5 million, a 43% year-over-year decline. The Company revealed that its Design IP customers require "more and more customization," which "takes longer" and requires "more resources." As a result, the Company stated it was having "an ongoing dialogue with our customers" regarding changing its business model. This news caused the price of Synopsys stock to fall $217.59 per share, or nearly 36%, from $604.37 per share on September 9, 2025, to $387.78 per share on September 10, 2025.

Click here for more information: https://www.bfalaw.com/cases/synopsys-inc-class-action-lawsuit.

What Can You Do?

If you invested in Synopsys you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/synopsys-inc-class-action-lawsuit

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named "Elite Trial Lawyers" by the National Law Journal, among the top "500 Leading Plaintiff Financial Lawyers" by Lawdragon, "Titans of the Plaintiffs' Bar" by Law360 and "SuperLawyers" by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/synopsys-inc-class-action-lawsuit

Attorney advertising. Past results do not guarantee future outcomes.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/273547

November 08, 2025 6:08 AM EST | Source: Bleichmar Fonti & Auld
New York, New York--(Newsfile Corp. - November 8, 2025) - Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Stride, Inc. (NYSE: LRN) for potential violations of the federal securities laws.

If you invested in Stride, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/stride-inc-class-action-lawsuit.

Why Is Stride Being Investigated for Securities Fraud?

Stride is an education technology company that provides an online platform to students throughout the U.S. During the relevant period, Stride stated it was seeing "record demand" for its products and services and that its customers and potential customers "continue to choose us in record numbers." Stride also told investors it was continuing to invest in its career platform and programs.

In truth, it appears Stride was in the midst of severely unpopular platform changes that resulted in admittedly poor customer experiences and that drove students away from the platform.

Why Did Stride's Stock Drop?

On October 28, 2025, Stride revealed that its growth rate fell short of expectations because of poorly executed upgrades to its learning and technology platforms. The Company stated that the upgrades created a "poor customer experience" that resulted in "higher withdrawal rates," "lower conversion rates," and drove students away. Stride estimated the impact caused approximately 10,000-15,000 fewer enrollments and stated that, because of this, its outlook is "muted" compared to prior years.

This news caused the price of Stride stock to drop $83.48 per share, or more than 54%, from a closing price of $153.53 per share on October 28, 2025, to $70.05 per share on October 29, 2025.

Click here for more information: https://www.bfalaw.com/cases/stride-inc-class-action-lawsuit.

What Can You Do?

If you invested in Stride you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/stride-inc-class-action-lawsuit

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named "Elite Trial Lawyers" by the National Law Journal, among the top "500 Leading Plaintiff Financial Lawyers" by Lawdragon, "Titans of the Plaintiffs' Bar" by Law360 and "SuperLawyers" by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/stride-inc-class-action-lawsuit

Attorney advertising. Past results do not guarantee future outcomes.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/273545

November 08, 2025 6:09 AM EST | Source: Bleichmar Fonti & Auld
New York, New York--(Newsfile Corp. - November 8, 2025) - Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Jamf Holding Corp.'s (NASDAQ: JAMF) board of directors for potential breaches of their fiduciary duties to shareholders in connection with a potential take-private sale of Jamf that would cash out every stockholder for $13.05 per share.

If you are a current shareholder of Jamf, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/jamf-holding-corp-take-private-investigation.

Why is Jamf being Investigated?

On October 29, 2025, Jamf announced that it had agreed to be acquired by Francisco Partners Management, L.P. ("FP") for $13.05 per share. This price may represent an unfairly low price being paid to Jamf stockholders and may be the result of conflicts of interest between the Jamf board of directors, FP, and Vista Equity Partners ("Vista").

Vista exercises significant power over Jamf, owning 34.4% of the outstanding stock, and having contractual rights to appoint four out of the nine members of the Jamf board of directors. The board of directors of Jamf did not employ an independent special committee to evaluate the transaction. While the deal is conditioned on a stockholder vote, the Company has not excluded Vista from that vote.

BFA Law is investigating Jamf's board of directors and Vista to ascertain whether they have breached fiduciary duties to Jamf stockholders in connection with the contemplated transaction.

Click here for more information: https://www.bfalaw.com/cases/jamf-holding-corp-take-private-investigation.

What Can You Do?

If you are a current holder of Jamf you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:

https://www.bfalaw.com/cases/jamf-holding-corp-take-private-investigation

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named "Elite Trial Lawyers" by the National Law Journal, among the top "500 Leading Plaintiff Financial Lawyers" by Lawdragon, "Titans of the Plaintiffs' Bar" by Law360 and "SuperLawyers" by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.'s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.

https://www.bfalaw.com/cases/jamf-holding-corp-take-private-investigation

Attorney advertising. Past results do not guarantee future outcomes.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/273541

Nvidia and Palantir are two of the biggest names in AI investing.

Palantir (PLTR +1.66%) and Nvidia (NVDA +0.04%) are two of the biggest names in artificial intelligence (AI). Neither company is competing with the other, as Palantir is a software play while Nvidia provides accelerated computing hardware to run AI workloads. The two recently announced a partnership, and this is massive news for both companies.

For Nvidia, it integrated Palantir Ontology into its graphics processing units (GPUs). This integrated technology stack will be far more efficient and unlock new capabilities for Palantir's customers who deploy Nvidia's GPUs.

Time will tell how this impacts both businesses, but I'm only interested in buying one stock in this partnership.

Which one has my eye? Let's find out.

Image source: Getty Images.

Palantir's business will be more sustainable over the long run
Palantir is a software business, and each year its customers must pay the subscription fee to continue running its AI-powered data analytics software. With Palantir's software becoming increasingly more integrated into its clients' operations, this makes the software more and more sticky each year. As a result, Palantir is likely locking in customers for the foreseeable future.

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Nvidia's computing business is a bit different. For Nvidia to continue growing, it must continue selling new GPUs each year. Right now, this isn't a problem, as it's releasing a new iteration about every year with performance that makes the previous years' model look obsolete.

Eventually, we'll reach a performance barrier and have the necessary AI computing capacity built out to operate as an AI-integrated society. When that happens, Nvidia's sales will fall as it will only be funding incremental computing capacity buildout and replacing outdated and burnt-out computing units.

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This makes Palantir's business far more sustainable over the long run, and I'd rather own it than Nvidia. However, there's one factor that makes me wary of Palantir's future, and it all comes down to stock valuation.

Nvidia's stock price is far more reasonable
While picking a successful company is one thing, ensuring that you pay the right price for it is another. Even the best company bought at the wrong price can turn into a disastrous investment, and that's exactly where I see Palantir's stock right now.

PLTR PE Ratio (Forward 1y) data by YCharts

Despite similar growth rates, Palantir is valued at a far higher premium than Nvidia. With Nvidia trading at about 30 times next year's earnings, it's far more reasonable than Palantir, which is trading at 224 times 2026's earnings.

While I'm OK giving Palantir some premium due to its stickier customer base and rapidly expanding product line, the premium investors must pay to own the stock today is far too great.

For Palantir to return to a reasonable valuation level, let's say 50 times trailing earnings, it would need to sustain incredible growth for a long time. If it can continue growing revenue at a compounded annual growth rate (CAGR) of about 50% (an incredible feat) over the next five years, that would give it annual revenue of $26 billion. At a profit margin of 35% with a 50 times earnings valuation, that would value the stock at $457 billion. Considering Palantir's market cap today is about $450 billion, that doesn't leave room for a lot of growth over the next five years.

Meanwhile, Nvidia is slated to post monster revenue growth as well, with global data center capital expenditures expected to rise from $600 billion in 2025 to $3 trillion to $4 trillion. So, while Palantir is still trying to grow into its premium price tag, Nvidia will be able to convert all of its growing business directly into stock price performance. This makes Nvidia the better stock pick over the next five years, even if Palantir's business continues to excel (and I think it will).

Analyst’s Disclosure:I/we have a beneficial long position in the shares of AMZN, SHOP either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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