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2025-10-16 20:34 4mo ago
2025-10-16 16:30 4mo ago
NETCLASS TECHNOLOGY INC Announces Updated Earnings Results for the First Half of Fiscal Year 2025 stocknewsapi
NTCL
SINGAPORE and HONG KONG, Oct. 16, 2025 (GLOBE NEWSWIRE) -- NETCLASS TECHNOLOGY INC (Nasdaq: NTCL; the “Company” or “NetClass”), a leading B2B smart education IT solutions provider with offices in Shanghai, Hong Kong, Singapore and Tokyo, today corrected its unaudited condensed consolidated financial results previously announced on September 30, 2025. The financial results have not been reviewed by an independent certified public accountant for the six months ended March 31, 2025.
2025-10-16 20:34 4mo ago
2025-10-16 16:30 4mo ago
Stifel Financial Schedules Third Quarter 2025 Financial Results Conference Call stocknewsapi
SF
October 16, 2025 16:30 ET

 | Source:

Stifel Financial Corporation

ST. LOUIS, Oct. 16, 2025 (GLOBE NEWSWIRE) -- Stifel Financial Corp. (NYSE: SF) will release its third quarter financial results before the market opens on Wednesday, October 22, 2025. The company will host a conference call to review the results at 9:30 a.m. Eastern time that same day. The conference call may include forward-looking statements.

All interested parties are invited to listen to Stifel Chairman and CEO Ronald J. Kruszewski by dialing (866) 409-1555 and referencing participant ID 2769458. A live audio webcast of the call, as well as a presentation highlighting the company’s results, will be available through Stifel’s website, www.stifel.com. For those who cannot listen to the live broadcast, a replay of the broadcast will be available through the above-referenced website beginning approximately one hour following the completion of the call.

Stifel Company Information
Stifel Financial Corp. (NYSE: SF) is a financial services holding company headquartered in St. Louis, Missouri, that conducts its banking, securities, and financial services business through several wholly owned subsidiaries. Stifel’s broker-dealer clients are served in the United States through Stifel, Nicolaus & Company, Incorporated, including its Eaton Partners and Miller Buckfire business divisions; Keefe, Bruyette & Woods, Inc.; and Stifel Independent Advisors, LLC; in Canada through Stifel Nicolaus Canada Inc.; and in the United Kingdom and Europe through Stifel Nicolaus Europe Limited. The Company’s broker-dealer affiliates provide securities brokerage, investment banking, trading, investment advisory, and related financial services to individual investors, professional money managers, businesses, and municipalities. Stifel Bank and Stifel Bank & Trust offer a full range of consumer and commercial lending solutions. Stifel Trust Company, N.A. and Stifel Trust Company Delaware, N.A. offer trust and related services. To learn more about Stifel, please visit the Company’s website at www.stifel.com. For global disclosures, please visit https://www.stifel.com/investor-relations/press-releases.

Stifel Investor Relations Contact
Joel Jeffrey, Senior Vice President
(212) 271-3610 direct
[email protected]
2025-10-16 20:34 4mo ago
2025-10-16 16:30 4mo ago
FSI ANNOUNCES THIRD QUARTER 2025 REVENUE stocknewsapi
FSI
TABER, ALBERTA, Oct. 16, 2025 (GLOBE NEWSWIRE) -- FLEXIBLE SOLUTIONS INTERNATIONAL, INC. (NYSE-AMERICAN: FSI), is the developer and manufacturer of biodegradable polymers for oil extraction, detergent ingredients and water treatment as well as crop nutrient availability chemistry. Flexible Solutions also manufactures biodegradable and environmentally safe water and energy conservation technologies. In addition, FSI is increasing its presense in the food and nutrition supplement manufacturing markets. Today the Company announces third quarter (Q3), 2025 revenue.

Sales were up in Q3, 2025 compared to Q3, 2024. Flexible Solutions’ top line revenue increased to $10.539 million (Q3, 2025) from $9.315 (Q3, 2024), up approximately 13% year over year.

Mr. Dan O’Brien, CEO, comments, “Resumption of growth in difficult conditions, especially in agriculture, shows great effort by our team. We will attempt to repeat this in Q4 while looking forward to full scale food grade production in 2026.”

Complete financial results will be available after market close on Friday November 14, 2025, concurrent with the Company’s SEC third quarter filings. A conference call will be scheduled for 8:00 am Pacific Time, 11:00 am Eastern Time, the following business day, Monday November 17, 2025 See the FSI November 14, 2025 financials news release for the dial in numbers.

About Flexible Solutions International

Flexible Solutions International, Inc. (www.flexiblesolutions.com), based in Taber, Alberta, is an environmental technology company. The Company’s NanoChem Solutions Inc. subsidiary specializes in biodegradable, water-soluble products utilizing thermal polyaspartate (TPA) biopolymers. TPA beta-proteins are manufactured from the common biological amino acid, L-aspartic and have wide usage including scale inhibitors, detergent ingredients, water treatment and crop enhancement. Along with TPA, this division started producing other crop enhancement products as well. In 2022, the Company entered the food and nutrition markets by obtaining FDA food grade approval for the Peru IL plant. The other divisions manufacture energy and water conservation products for drinking water, agriculture, industrial markets and swimming pools throughout the world.

Safe Harbor Provision

The Private Securities Litigation Reform Act of 1995 provides a "Safe Harbor" for forward-looking statements. Certain of the statements contained herein, which are not historical facts, are forward looking statement with respect to events, the occurrence of which involve risks and uncertainties. These forward-looking statements may be impacted, either positively or negatively, by various factors. Information concerning potential factors that could affect the company is detailed from time to time in the company's reports filed with the Securities and Exchange Commission.

Flexible Solutions International
6001 54th Ave, Taber, Alberta, CANADA T1G 1X4

Company Contacts
Jason Bloom
Toll Free: 800.661.3560
Fax: 403.223.2905
Email: [email protected]

To find out more information about Flexible Solutions and our products please visit www.flexiblesolutions.com

If you have received this news release by mistake or if you would like to be removed from our update list please reply to: [email protected]
2025-10-16 20:34 4mo ago
2025-10-16 16:30 4mo ago
Malibu Boats, Inc. Announces Earnings Release Date and Conference Call Information for First Quarter Fiscal 2026 Financial Results stocknewsapi
MBUU
October 16, 2025 16:30 ET

 | Source:

Malibu Boats, Inc.

LOUDON, Tenn., Oct. 16, 2025 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq: MBUU) announced today that it will release its first quarter fiscal 2026 financial results on Thursday, October 30, 2025, before the market opens. Following the release, the company’s management will host a conference call to discuss the results at 8:30 a.m. Eastern Time on the same day.

The call will be hosted by Malibu’s Chief Executive Officer, Steve Menneto, and Chief Financial Officer, Bruce Beckman.

Investors and analysts are invited to listen to the conference call by dialing (844) 695-5523 or (412) 317-0699. Alternatively, interested parties can listen to a live webcast of the conference call by logging on to the Investor Relations section on the Company’s website at https://malibuboatsinc.com/investor-information/events-presentations. A replay of the webcast will also be archived on the Company’s website for twelve months.

About Malibu Boats, Inc.

Based in Loudon, Tennessee, Malibu Boats, Inc. (MBUU) is a leading designer, manufacturer and marketer of a diverse range of recreational powerboats, including performance sport, sterndrive and outboard boats. Malibu Boats, Inc. is the market leader in the performance sport boat category through its Malibu and Axis boat brands, the leader in the 20’ - 40’ segment of the sterndrive boat category through its Cobalt brand, and in a leading position in the saltwater fishing boat market with its Pursuit and Cobia offshore boats and Pathfinder, Maverick, and Hewes flats and bay boat brands. A pre-eminent innovator in the powerboat industry, Malibu Boats, Inc. designs products that appeal to an expanding range of recreational boaters, fisherman and water sports enthusiasts whose passion for boating is a key component of their active lifestyles. For more information, visit www.malibuboats.com, www.axiswake.com, www.cobaltboats.com, www.pursuitboats.com, or www.maverickboatgroup.com.

Contacts

Malibu Boats, Inc.
[email protected]
2025-10-16 20:34 4mo ago
2025-10-16 16:30 4mo ago
iRhythm Technologies to Report Third Quarter 2025 Financial Results on October 30, 2025 stocknewsapi
IRTC
October 16, 2025 16:30 ET

 | Source:

iRhythm

SAN FRANCISCO, Oct. 16, 2025 (GLOBE NEWSWIRE) -- iRhythm Technologies, Inc. (NASDAQ:IRTC), a leading digital health care company focused on creating trusted solutions that detect, prevent, and predict disease, today announced that it will release financial results for the third quarter 2025 after the close of trading on Thursday, October 30, 2025. The company’s management team will host a corresponding conference call beginning at 1:30 p.m. PT / 4:30 p.m. ET.

Interested parties may access a live and archived webcast of the conference call on the “Quarterly Results” section of the company’s investor website at investors.irhythmtech.com.

About iRhythm Technologies, Inc.
iRhythm is a leading digital health care company that creates trusted solutions that detect, predict, and prevent disease. Combining wearable biosensors and cloud-based data analytics with powerful proprietary algorithms, iRhythm distills data from millions of heartbeats into clinically actionable information. Through a relentless focus on patient care, iRhythm’s vision is to deliver better data, better insights, and better health for all.

Investor Contact
Stephanie Zhadkevich
[email protected]

Media Contact
Kassandra Perry
[email protected]
2025-10-16 20:34 4mo ago
2025-10-16 16:31 4mo ago
APPLOVIN REMINDER: Bragar Eagel & Squire, P.C. Reminds AppLovin Long-Term Stockholders to Contact the Firm Regarding Ongoing Investigation stocknewsapi
APP
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In AppLovin (APP) To Contact Him Directly To Discuss Their Options

If you purchased or acquired stock in AppLovin between May 10, 2023 to March 26, 2025 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648.

NEW YORK, Oct. 16, 2025 (GLOBE NEWSWIRE) --

What’s Happening:

Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against AppLovin Corporation (NASDAQ:APP) on behalf of long-term stockholders following a class action complaint that was filed against AppLovin on March 5, 2025 with a Class Period from May 10, 2023 to March 26, 2025. Our investigation concerns whether the board of directors of AppLovin have breached their fiduciary duties to the company. Details:

The AppLovin class action lawsuit alleges that defendants throughout the Class Period created the false impression that AppLovin’s enhanced AXON 2.0 digital ad platform, in addition to its “cutting-edge AI technologies,” would more efficiently match advertisements to mobile games, in addition to expanding into web-based marketing and e-commerce. In truth, AppLovin was exploiting advertising data from Meta Platforms and using manipulative practices that forced unwanted apps on customers via a “backdoor installation scheme” which inaccurately inflated installation numbers, and, in turn, its profit figures, the complaint alleges. The AppLovin class action lawsuit further alleges that on February 26, 2025, analyst research reports emerged stating that AppLovin was reverse engineering and exploiting advertising data from Meta Platforms. The reports further alleged AppLovin was utilizing manipulative practices to artificially inflate their own ad click-through and app download rates, such as by having ads click on themselves or utilizing design gimmicks to trigger forced shadow downloads, erroneously inflating installation numbers and, in turn, its profit figures, the complaint alleges. On this news, the price of AppLovin shares fell by more than 12%, the AppLovin class action lawsuit alleges. Next Steps:

If you are a long-term stockholder of AppLovin, have information, would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brandon Walker or Marion Passmore by email at [email protected], by telephone at (212) 355-4648, or by filling out this contact form. There is no cost or obligation to you. About Bragar Eagel & Squire, P.C.:

Bragar Eagel & Squire, P.C. is a nationally recognized law firm with offices in New York, South Carolina, and California. The firm represents individual and institutional investors in commercial, securities, derivative, and other complex litigation in state and federal courts across the country. For more information about the firm, please visit www.bespc.com. Attorney advertising. Prior results do not guarantee similar outcomes.

Follow us for updates on LinkedIn, X, and Facebook, and keep up with other news by following Brandon Walker, Esq. on LinkedIn and X.

Contact Information:

Bragar Eagel & Squire, P.C.
Brandon Walker, Esq.
Marion Passmore, Esq.
(212) 355-4648
[email protected]
www.bespc.com
2025-10-16 20:34 4mo ago
2025-10-16 16:32 4mo ago
Elanco to Host Investor Day on December 9 stocknewsapi
ELAN
, /PRNewswire/ -- Elanco Animal Health, Inc. (NYSE: ELAN) will host an Investor Day on Tuesday, December 9, 2025, from approximately 9 a.m. to 12 p.m. Eastern Time in New York City. The event will feature presentations from Elanco's senior leadership team on the company's strategic priorities, financial outlook, and innovation pipeline – defining Elanco's new era of growth.

Advance registration for the in-person event is required; institutional investors and analysts interested in attending should contact [email protected]. Registration and access for the live webcast and related materials will be available on Elanco's Investor Events and Presentations website. A replay will be available on the website following the event.

ABOUT ELANCO
Elanco Animal Health Incorporated (NYSE: ELAN) is a global leader in animal health dedicated to innovating and delivering products and services to prevent and treat disease in farm animals and pets, creating value for farmers, pet owners, veterinarians, stakeholders, and society as a whole. With 70 years of animal health heritage, we are committed to breaking boundaries and going beyond to help our customers improve the health of animals in their care, while also making a meaningful impact on our local and global communities. At Elanco, we are driven by our vision of Food and Companionship Enriching Life and our purpose – all to Go Beyond for Animals, Customers, Society, and Our People. Learn more at www.elanco.com.

Investor Contact: Tiffany Kanaga (765) 740-0314 [email protected]
Media Contact: Colleen Parr Dekker (317) 989-7011 [email protected] 

SOURCE Elanco Animal Health

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2025-10-16 19:34 4mo ago
2025-10-16 14:31 4mo ago
Bitcoin risks falling under $100,000 as Trump confirms US-China tradewar cryptonews
BTC
Bitcoin risks falling under $100,000 as Trump confirms US-China tradewar Oluwapelumi Adejumo · 58 seconds ago · 3 min read

Institutional investors shift towards safe havens, causing short-term Bitcoin volatility as US-China trade tensions rise.

Oct. 16, 2025 at 7:30 pm UTC

3 min read

Updated: Oct. 16, 2025 at 2:19 pm UTC

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

The trade war that once rattled global markets has returned, and Bitcoin is part of the battlefield this time.

On Oct. 15, President Donald Trump declared that the United States was now in a trade war with China, saying:

“We’re in a [trade war] now. We have 100% tariffs. If we didn’t have tariffs, we would have no defense. They’ve used tariffs on us.”

This confirmation cements a week of tension after he threatened to slap 100% tariffs on Chinese imports.

Notably, that threat had signaled the start of a monetary standoff with ripple effects reaching deep into global markets.

As a result, traditional equities tumbled, while digital assets erased roughly $20 billion in open interest within 24 hours.

Data from CoinGlass shows that Bitcoin and Ethereum led the decline, extending what had already been one of the rare “red Octobers” for the top cryptocurrencies.

How does this impact Bitcoin?Tariffs work like a stealth tax, making imports more expensive, raising input costs, stoking inflation, and pressuring central banks to keep interest rates higher for longer. That combination often drains liquidity from risk assets like Bitcoin.

In 2018, similar tariff announcements triggered waves of volatility that pushed Bitcoin below $6,000. The pattern is repeating in 2025.

Institutional investors are gradually shifting toward defensive positions in gold, Treasury bills, and short-duration bonds.

On the other hand, Bitcoin, which still trades like a high-beta macro asset, becomes collateral damage in that flight to safety.

Yet, the situation now carries an added layer of complexity.

Unlike the 2018 cycle, Bitcoin is no longer a retail-driven instrument but a regulated asset class with deep ETF exposure and transparent derivatives markets.

Still, CoinShares‘ head of research James Butterfill had warned in February that the immediate impact of tariffs would be “undeniably negative” for Bitcoin.

Butterfill explained that tariffs slow growth, raise inflation expectations, and spark risk aversion. In this market situation, Bitcoin reacts to liquidity trends, resulting in short-term volatility.

Already, traders increasingly believe that the chances of a continued Bitcoin uptrend are slim this month.

On Polymarket, the odds of Bitcoin hitting $130,000 by month’s end fell below the probability of it retreating to $95,000, reflecting how macro policy is dictating digital-asset sentiment.

Bitcoin Price Movement Odds on Polymarket (Source: Degen News)However, Butterfill also pointed out that the top crypto recovers faster than equities in a stagflation scenario.

He said:

“In the long term, Bitcoin’s role as a hedge could be strengthened, especially if tariff policies lead to economic instability.”

Structural shiftMeanwhile, analysts at Bitunix told CryptoSlate that Trump’s confirmation has escalated the two nations’ economic confrontation and reshaped global risk appetite.

The effect, they said, is twofold: a short-term liquidity shock and a medium-term structural pivot in how capital views decentralized assets.

In the immediate term, heightened uncertainty drives institutions to de-risk. Funds rebalance toward cash equivalents and gold, sparking broad sell-offs in high-liquidity markets like crypto.

According to them, leveraged traders facing margin calls would accelerate the cascade. Notably, that is precisely what triggered last week’s $20 billion liquidation wave.

But beyond the initial turbulence lies a different calculus. If the trade war remains limited to tariffs and export controls, weaker global growth could depress crypto demand.

However, Bitcoin could reemerge as a geopolitical hedge if the confrontation extends into financial settlement systems. In this situation, the US might introduce restrictions on cross-border dollar access or payment rails, forcing investors to seek alternatives.

In that scenario, digital assets transition from “risk assets” to “alternative reserves.” As the Bitunix team explained:

“The erosion of confidence in the US dollar system could reinforce Bitcoin’s narrative as a ‘de-dollarization’ and ‘alternative value reserve’ asset, creating structural support.”

Mentioned in this article

Latest China Stories Latest Bitcoin Stories Press Releases
2025-10-16 19:34 4mo ago
2025-10-16 14:34 4mo ago
SharpLink Raises $76.5M at a Premium — What's the Endgame for Its ETH Treasury? cryptonews
ETH
SharpLink Gaming, Inc. (Nasdaq: SBET), one of the world's largest corporate holders of Ether, announced it has raised $76.5 million through a registered direct equity offering priced at $17 per share — a 12% premium to its closing price of $15.15 on October 15.
2025-10-16 19:34 4mo ago
2025-10-16 14:40 4mo ago
Bonk price trades below its 200 Daily MA with weakness: why price can trade lower cryptonews
BONK
Bonk price continues to trade below its 200-day moving average, signaling weakness and the potential for a deeper correction if the current resistance zone remains intact in the short term.

Summary

Bonk trades below the 200-day moving average and point of control resistance.
Structural weakness suggests potential for further downside toward value area low.
Reclaiming 200-day MA on strong volume is key for any bullish recovery.

After a sharp capitulation event, Bonk’s (BONK) price action remains under pressure as it struggles to reclaim the 200-day moving average. This level, which now aligns with the daily resistance at the point of control, has become a key structural barrier preventing any meaningful bullish recovery.

The failure to reclaim this dynamic resistance suggests that sellers still dominate the market, and until the structure shifts, the probability of further downside remains high.

Bonk price key technical points

Major Resistance: 200-day moving average in confluence with the daily point of control.
Major Support: Value area low and high-time-frame support below the current structure.
Market Structure: Trading below the 200-day moving average confirms continued weakness and bearish control.

BONKUSDT (1D) Chart, Source: TradingView
Bonk’s price currently trades below its 200-day moving average, a level that often separates bullish continuation from bearish decline. The confluence between this moving average and the daily resistance around the point of control creates a strong rejection cluster. Historically, such zones serve as heavy resistance areas where price action tends to stall or reverse without significant volume expansion.

Following the earlier capitulation move, price briefly attempted to reclaim this resistance but failed to maintain a daily close above it. Since then, every attempt to retest the 200-day moving average has resulted in rejection, signaling the persistence of bearish pressure. The structure now implies that, without a successful breakout and close above this region, the market remains vulnerable to further downside rotation.

The next area of interest lies near the value area low, which coincides with a daily high time frame support. This level represents the likely destination for price if weakness continues. A retest of this region may also establish a potential re-accumulation phase, where the market consolidates before deciding on the next major directional move.

However, for a bullish reversal to take form, Bonk must reclaim the 200-day moving average and close decisively above the daily resistance. Doing so would signal a structural shift and open the probability for an upward rotation toward higher targets.

What to expect in the coming price action
As long as Bonk remains below the 200-day moving average, the probability of a deeper move toward the value area low remains elevated. Sustained trading below this level will likely result in a prolonged consolidation or re-accumulation phase before any new rally can develop.

Conversely, a strong daily close above the 200-day moving average would invalidate this bearish outlook and confirm renewed bullish intent.
2025-10-16 19:34 4mo ago
2025-10-16 14:44 4mo ago
Ether retail longs metric hits 94%, but optimism could be a classic bull trap cryptonews
ETH
Key takeaways:

Retail traders hold 94% long positions on Ether, often a contrarian indicator.

ETH funding on Binance remains healthy, with leverage moderate and not euphoric.

BitMine continues accumulating with over 300,000 ETH added to the reserve this week.

Ether (ETH) continues to trade below the crucial $4,000 threshold, struggling to establish bullish directional momentum following last Friday’s flash crash. The altcoin consolidated between its 50, 100, and 200-day exponential moving averages (EMAs), a technical zone that highlighted the ongoing tug-of-war between short-term and long-term market trends.

ETH one-day chart. Source: Cointelegraph/TradingViewRetail ETH longs dominate the futures market, but carry a contrarian outlookDespite the mixed technical setup, retail traders appeared to be betting aggressively on further upside. Data from trading resource Hyblock Capital outlined Ether’s True Retail Accounts (TRAs) long percentage has reached the 90th percentile, one of the highest levels across major crypto assets. Hyblock said,

“True Retail Accounts Long% is getting high among quite a few coins, noting percentile readings of 94% for Bitcoin, 90% for Ether, and 86% for Solana.”Surprisingly, the firm added that retail long positioning is inversely correlated with price, at -0.86 for ETH, implying that as retail longs reach extreme highs, the likelihood of a reversal grows.

True retail long % on Binance for BTC, ETH, SOL, and HYPE. Source: Hyblock Capital/XThe 90th percentile for ETH longs suggested that retail sentiment is heavily skewed toward optimism (i.e., expecting prices to rise). Historically, extreme retail positioning, especially when it reaches outlier territory (e.g., 90th percentile), can act as a contrarian indicator.

This is because it may signal overcrowding in long positions, potentially leading to a reversal if retail traders start taking profits or getting liquidated.

Speaking on the derivatives market, crypto analyst Pelin Ay offered a more nuanced view of the market’s structure, noting that funding rates remain positive but restrained, signaling a market dominated by longs but not yet euphoric. 

Ay explained that current funding levels between 0.01%–0.03% indicated a healthy mid-phase uptrend, far below overheated bull-phase levels of 0.1%–0.2% seen in 2021. The analyst added that moderate leverage and improving spot demand could set the stage for a renewed rally toward $4,500–$5,000, while any sudden surge in funding above 0.05% could mark overcrowded longs and trigger short-term pullbacks.

Ether funding rate on Binance. Source: CryptoQuantInstitutional treasuries buy the Ether dipLarge-scale ETH holders are also taking advantage of the recent pullback. Data showed that BitMine Immersion Technologies, chaired by Tom Lee, accumulated 104,336 ETH worth around $417 million on Thursday. 

This added to BitMine’s earlier acquisition of over 202,000 ETH on Sunday, with the current market value of its ETH reserve coming at $9.3 billion. Despite recent volatility, Lee has reiterated his year-end target of $10,000 per ETH, supported by increasing institutional and spot market demand.

Bitmine ETH reserve. Source: Strategicethreserve.xyzThis article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
2025-10-16 19:34 4mo ago
2025-10-16 14:48 4mo ago
Sorare CEO Remains Bullish on Ethereum Despite Shift to Solana cryptonews
ETH
Fantasy sports platform Sorare is making headlines once again, as it transitions from Ethereum to Solana while maintaining confidence in Ethereum's long-term potential. CEO Nicolas Julia has described the move as an “upgrade,” emphasizing scalability, user experience, and consumer-focused growth as the driving factors behind this strategic shift.
2025-10-16 19:34 4mo ago
2025-10-16 14:49 4mo ago
Andreessen Horowitz's a16z Crypto invests $50M in Solana liquid staking protocol Jito cryptonews
JTO SOL
A16z Crypto, the blockchain investment arm of venture capital firm Andreessen Horowitz, has invested $50 million in Jito, a liquid staking protocol that underpins the Solana network.

The deal will grant a16z an undisclosed allotment of Jito’s native tokens at a discounted rate, according to a Fortune report Thursday.

Brian Smith, executive director of the Jito Foundation, told Cointelegraph that the Jito Foundation has “an exceptionally long time horizon,” and the investment “will allow the Foundation to work to make Solana the home for internet capital markets well into the next decade.”

Jito is a Solana-based liquid staking protocol launched in 2022 that lets users stake SOL tokens to earn rewards while retaining liquidity through its token, JitoSOL. The Jito Foundation oversees the protocol’s governance and token distribution, while Jito Labs serves as its core developer and infrastructure provider.

Andreessen Horowitz (a16z) is a Silicon Valley venture capital firm known for backing leading technology and crypto startups. Its blockchain-focused arm, a16z Crypto, invests in Web3 infrastructure, decentralized finance and blockchain technologies.

The deal follows a $55 million token purchase by a16z in LayerZero, a Canada-based crosschain messaging protocol, made on April 17. The same month, the firm led a $25 million investment round into Miden, a zero-knowledge (ZK) proof-powered blockchain from Polygon Labs.

US regulators debate liquid stakingLiquid staking, a process that allows users to stake tokens to secure a proof-of-stake blockchain and earn yield while receiving a tradable derivative token, has been at the center of regulatory debate in the United States this year, and Jito Labs has played a role in pushing the conversation.

Rebecca Rettig, chief legal officer at Jito Labs, led the first team to meet with the Trump administration. Smith said her work on securing clearer guidance around liquid staking paves the way for JitoSOL's inclusion in ETFs and ETPs — a “key part of the bull thesis for JTO.”

On July 31, Jito Labs joined asset managers VanEck and Bitwise in urging the SEC to allow liquid staking within eight proposed Solana exchange-traded products (ETPs). The group said liquid staking tokens provide a more capital-efficient and resilient way to incorporate staking into ETP structures.

Roughly a week later, on Aug. 5, the SEC’s Division of Corporate Finance released guidance clarifying that some forms of liquid staking do not constitute securities offerings, although it depends “on the facts and circumstances.” 

While many crypto and DeFi communities viewed the statement as a positive development, not all SEC officials shared the sentiment. Commissioner Caroline Crenshaw criticized the guidance, saying it “muddies the waters” and urged liquid staking providers to move forward carefully.

Jito liquid staking total value locked. Source: DefillamaDespite ongoing regulatory uncertainty, liquid staking protocols have become a core component of the decentralized finance ecosystem.

According to data from DefiLlama, Jito’s liquid staking protocol currently holds about $2.8 billion in total value locked (TVL), compared with $1.9 billion for Solana competitor Marinade and roughly $33.9 billion for Lido, Ethereum’s leading liquid staking platform.

In July, crypto fintech platform MoonPay entered the ring, announcing the launch of a Solana liquid staking program offering users an annual yield of up to 8.49% on their SOL holdings.

Source: MoonPayMagazine: Have your stake and earn fees too: Tushar Aggarwal on double dipping in DeFi
2025-10-16 19:34 4mo ago
2025-10-16 14:50 4mo ago
Peter Schiff claims BTC could not live up to the debasement trade, and is not a viable alternative of the US dollar cryptonews
BTC
Peter Schiff came out with another statement critical of BTC, stating the digital asset could not replace gold and was not a viable alternative to the US dollar.
2025-10-16 19:34 4mo ago
2025-10-16 14:50 4mo ago
DeFi Dev Corp Adds 86K SOL as Treasury Value Hits $426 Million cryptonews
SOL
DeFi Development Corp (DFDV) has expanded its Solana holdings following a new purchase of 86,307 SOL, reinforcing its commitment to long-term Solana accumulation. The company, listed on Nasdaq, continues to position itself as a pioneer in institutional Solana exposure. 

According to the press release, the acquisition, completed at an average price of $110.91 per SOL, brings its total holdings to 2,195,926 SOL. This represents a 4.7% increase in its treasury position, now valued at approximately $426 million.

Long-Term Strategy Strengthens Solana ExposureThe company confirmed that the newly acquired tokens would be staked across multiple validators, including its own Solana-based nodes. This approach is expected to generate sustainable yield and enhance overall returns from staking rewards. The firm’s updated metrics show 28,888,178 shares outstanding, equating to 0.076 SOL per share, or roughly $14.67 in value.

Additionally, the company outlined that it still has 2,978,578 warrants pending exercise. Once completed, the total share count could reach 31.9 million. Despite this potential dilution, management expects its Solana per share (SPS) ratio to remain above pre-financing levels. 

This reinforces confidence that future capital deployment into Solana will sustain shareholder value. Consequently, the strategy aims to maintain SPS stability even with further treasury expansion.

Solana Market Faces Short-Term PressureAt press time, Solana trades near $189.47 after a 4.05% daily decline and a 13.7% weekly drop. Despite the correction, the broader outlook remains bullish. 

Data from SolanaFloor shows record momentum in Solana futures on CME Group. Since March, over 730,000 contracts worth $34 billion have been traded, with open interest surpassing $2.1 billion in September. This marks Solana as the fastest futures product to double its open interest beyond $1 billion since launch.

Analysts Eye Massive Cup and Handle BreakoutSource: X

According to Bitcoinsensus, Solana’s weekly chart reveals a confirmed Cup and Handle breakout, ending a two-year consolidation phase. The breakout occurred above the $185–$195 resistance range, signaling the potential start of a strong continuation rally. If volume remains consistent, analysts anticipate targets between $600 and $900 in the medium term, with extended projections toward $1,200–$1,500.
2025-10-16 19:34 4mo ago
2025-10-16 14:56 4mo ago
He Styled Billionaire Celebrities by Day and Ran a Bitcoin Scam at Night cryptonews
BTC
Police searched for celebrity hairstylist Jawed Habib over a ₹5–7 crore Bitcoin fraud but failed to locate him amid widening probes.Habib and his son allegedly used their fame to lure 100–400 investors with false 50%–75% yearly returns via Follicle Global Company.The case adds to India’s rising crypto crime wave, with billions lost globally and major 2025 breaches like WazirX’s $230 million hack.Indian police could not find celebrity hairstylist Jawed Habib when they executed a search warrant for him in $800,000 cryptocurrency fraud case affecting hundreds of investors.

Authorities accuse Habib and his son of promoting a fraudulent investment scheme that promised investors unusually high annual returns on investments in Bitcoin and Binance tokens.

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Sponsored

Celebrity Hair Stylist Linked to Crypto Ponzi SchemeIndian authorities escalated the investigation into a multi-crore cryptocurrency fraud targeting hairstylist Jawed Habib, his son Anos Habib, and an associate for a scam worth up to $800,000.

Police failed to find Habib at his residence on Wednesday after executing a search warrant.

Jawed Habib Receiving a Business Leadership Award In 2023 Authorities strongly indicate that the scheme’s core entity, Follicle Global Company (FLC), operated as a family business. This alleged crime is a high-yield investment fraud disguised as a crypto opportunity. 

Apparently, the father-son duo utilized Habib’s powerful celebrity status to establish trust with investors. They allegedly lured between 100 and 400 people with the prospect of exorbitant 50% to 75% annual earnings.

These earnings were supposedly generated from investments in Bitcoin and BNB (promoted as Binance tokens) made through FLC.

Sponsored

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As of this month, police have lodged over 30 First Information Reports against the Habibs and issued a lookout notice to prevent their flight from the country.

Crypto Crimes Sweep IndiaThis high-profile case is part of a larger trend of recent major Bitcoin and crypto scams in India.

In August, Indian police convicted 14 people, including a former politician and police officer, for their involvement in a 200 Bitcoin extortion case dating back to 2018. All were convicted and sentenced to life imprisonment.

In July, a major security breach occurred at India’s leading cryptocurrency exchange, WazirX. The hack resulted in the theft of over $230 million in digital assets. 

The social engineering attack happened on a multi-signature wallet after attackers deceived the key holders into approving a malicious transaction.

Overall, these incidents in India reflect a broader global surge in crypto crime, with 2025 on track to be the most devastating year on record for stolen funds.

By mid-year, criminals have stolen over $2.17 billion globally. According to Chainalysis, this amount already surpasses the total lost in 2024.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
2025-10-16 19:34 4mo ago
2025-10-16 14:59 4mo ago
Dogecoin Registers 1,564.8% Liquidation Imbalance Amid Hourly Bloodbath cryptonews
DOGE
The Dogecoin derivatives market has remained bearish since the massive October 10 bloodbath, keeping bulls consistently underwater. 

Over the last hour, a massive $1.81 million has been liquidated in long positions as price volatility remains extreme, according to data provided by Coinglass.

The single-sided liquidation spotlighted during the period shows Dogecoin traders betting short on the meme coin barely suffered a considerable portion of the total liquidation, as only $108,740 was wiped in shorts within the hour.

HOT Stories

1,564.8% liquidation imbalance stuns DOGE derivatives market With Dogecoin remaining on the bearish side of the market, its hourly liquidation heat map shows that futures short position traders have recorded a 1,564.8% liquidation imbalance against long position traders.

The wild liquidation imbalance comes amid a negative trading session where overleveraged positions were exposed to heightened liquidation risk as the broad crypto market continues to face a troubling bloodbath.

Amid the bearish liquidation trend, Dogecoin was spotted as one of the top losers among the top 10 cryptocurrencies by market capitalization, surpassing Bitcoin and Ethereum in daily price declines. Notably, Dogecoin’s price was seen changing hands at $0.1924, marking a 3.42% decline in the last 24 hours.

Dogecoin dips 20.87%After trading at notable highs during the first week of October, the leading memecoin has suddenly flipped to the other side of the market, sparking doubts among investors.

Following the massive price dips witnessed on October 10, Dogecoin has continued to face deeper corrections, with its price struggling to retain the $0.20 level.

Over the last 24 hours, the meme coin has dropped from a peak of $0.2012 to an intraday low of $0.1882. While this trend has persisted for the past week, Dogecoin’s price has recorded a massive 20.87% decrease over the last seven days.

Source: CoinMarkatCapWhile this bearish sentiment has lingered for longer than usual, Dogecoin appears to be showing no signs of recovery, causing holders to trade their assets with caution.

Nonetheless, analysts believe there is hope for Dogecoin to witness a possible price reversal, but only if ecosystem bulls trigger a substantial buying volume that could fuel a sustained price surge.
2025-10-16 19:34 4mo ago
2025-10-16 15:00 4mo ago
Dogecoin Adoption: Food Chain With Over 4,000 Locations Announces DOGE Payments cryptonews
DOGE
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Dogecoin (DOGE) continues to expand its digital footprint in real-world transactions as the cryptocurrency prepares to enter the mainstream sectors of dining and hospitality. In a groundbreaking move, House of Doge, the corporate arm of the Dogecoin Foundation, has partnered with a leading hospitality payments platform to enable DOGE payments across thousands of restaurants. This initiative represents a significant step toward establishing Dogecoin as a practical payment option for everyday consumers while also generating new revenue streams for the ecosystem.

InKind To Integrate DOGE Payments Across The Food Chain
According to a press release on Tuesday, House of Doge has signed a letter of intent with inKind, a nationwide hospitality payments and rewards platform with over 3 million app users. The partnership will make Dogecoin the first cryptocurrency accepted across InKind’s large-scale restaurant network. 

Once implemented, Dogecoin holders will be able to use the inKind app to pay for dining, drinks, and hospitality experiences at more than 4,750 restaurants, cafes, bars, and nightclubs across the United States. This collaboration marks a major milestone in both cryptocurrency and meme coin adoption, giving DOGE tangible utility for daily transactions as it integrates seamlessly into an established hospitality ecosystem for everyday users.

The integration is supported by the recent merger of Brag House Holdings, Inc. and House of Doge, which provides the operational and technological infrastructure needed to make DOGE payments possible at scale. According to Marco Margiotta, CEO of House of Doge, the partnership not only enables Dogecoin to enter the $1.5 trillion US hospitality market but also provides the meme coin’s community with real, everyday utility for their holdings. 

InKind’s platform, known for connecting restaurants with loyal patrons through prepaid dining credit and rewards, will reportedly offer additional incentives for crypto enthusiasts to adopt Dogecoin for real-world use. The partnership is also expected to create potential recurring revenue through merchant processing fees. By enabling DOGE payments in such a wide-reaching network, House of Doge aims to strengthen the currency’s practical relevance while encouraging more users to engage with the digital asset.

House Of Doge Pushes For Global Dogecoin Adoption
In addition to expanding payments, House of Doge is advancing Dogecoin adoption on a global scale through its upcoming NASDAQ listing via a recent merger with Brag House Holdings. Analysts report that the strategic move provides the merged entity with $50 million in capital to develop further real-world DOGE payment infrastructure across restaurants, gaming, and entertainment. 

It also positions DOGE within a structured financial ecosystem supported by institutional expertise, data insights, licensing, and treasury management, including 837 million DOGE (approximately $159 million at current levels) in custody. The NASDAQ listing would signify a pivotal moment for Dogecoin, blending grassroots meme coin energy with institutional innovation. The merger also equips House of Doge with tools to scale Dogecoin adoption globally, driving both liquidity and utility in various sectors.

DOGE trading at $0.19 on the 1D chart | Source: DOGEUSDT on Tradingview.com
Featured image from Getty Images, chart from Tradingview.com

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Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts.
Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.
2025-10-16 19:34 4mo ago
2025-10-16 15:00 4mo ago
Bitmine Exec And Crypto Founder Agree That Ethereum Price Is Headed For $10,000, Here's Why cryptonews
ETH
In a recent discussion on the Bankless YouTube podcast hosted by David Hoffman, two of the crypto industry’s most respected figures—Tom Lee, the Chairman of BitMine, and Arthur Hayes, founder and former CEO of BitMEX—shared remarkably bullish outlooks for the Ethereum price. Both executives forecasted that Ethereum could soar to $10,000 or higher by year’s end, driven by fundamental growth and shifting market dynamics. Their comments, made after BTC reached new all-time highs above $126,000, have added fresh momentum and optimism that the upcoming Q4 bull rally could center on ETGH. 

Ethereum Price Breakout And Roadmap To $10,000
During the Bankless podcast, Hayes was the first to respond when asked for his End of the Year (EOY) price expectations for both Ethereum and Bitcoin. Without hesitation, the BitMEX founder projected that ETH could climb to $10,000 and BTC to $250,000 before the year closes. When pressed on whether Ethereum could realistically more than double in just over two months, Hayes answered confidently that it could, emphasizing the strength of the current market momentum.

Lee’s response to the same question was even more optimistic. Despite the recent crypto market flash crash, the BitMine Chairman placed his Ethereum target between $10,000 and $12,000 and shared a similarly bullish view for Bitcoin, predicting a range between $200,000 and $250,000. When asked why he believes Ethereum could reach such a high valuation in the short term and if such rapid price appreciation might be unsustainable, Lee dismissed concerns, noting that ETH has been consolidating since its 2021 peak. 

He argued that the market would not become overheated once it reaches $10,000, but rather could enter a new phase of price discovery, underpinned by strong fundamentals and innovative developments within the ecosystem. He also stated $10,000 is not the cycle top for Ethereum, and forthcoming developments in 2026 could create room for further price growth. 

Ethereum’s Growing Role Beyond Bitcoin’s Shadow
As the interview progressed, the discussion turned toward the evolving dynamics between Bitcoin, Ethereum, and the broader crypto market. Turning his attention to Hayes, Hoffman asked whether Ethereum should be compared to Bitcoin or other smart contracts within the Decentralized Finance (DeFi) space. The BitMEX founder replied that he sees Bitcoin as money and Ethereum as “compute.” He described ETH as the “computing reference asset” of the crypto space, noting that the altcoin is positioned above the rest of the crypto landscape in terms of technology.  

Lee agreed, but added that he views Ethereum as both money and a computing asset. He defined Bitcoin as digital gold and ETH as an architectural foundation for innovation, particularly in areas such as Wall Street and Artificial Intelligence (AI). The BitMine Chairman underscored that Ethereum’s growth trajectory is not dependent on competing with Bitcoin but rather on expanding its own utility and adoption.

ETH trading at $4,051 on the 1D chart | Source: ETHUSDT on Tradingview.com
Featured image from Getty Images, chart from Tradingview.com
2025-10-16 19:34 4mo ago
2025-10-16 15:00 4mo ago
This Solana's Code Points To A Rally To $253, But There's A Catch cryptonews
SOL
Solana (CRYPTO: SOL) is locked in a critical battle at the $186 support zone as nearly $400 million in outflows pressure the market, threatening to drag the token lower.

The selloff comes just as Andreessen Horowitz's a16z crypto arm throws a $50 million lifeline into Solana staking giant Jito Foundation.

Solana Faces $186 Test As Flows Turn Negative

SOL Key Technical Levels (Source: TradingView)

Solana is under pressure after failing to sustain above $200, with the price hovering near $188 on Thursday. 

Charts show SOL retesting the lower end of its symmetrical consolidation, with $186 support aligning with the 200-day EMA.

This level is a key pivot since a breakdown could open retracements toward $172 and $143 Fibonacci levels.

On the upside, resistance stands between $199 and $208, where the 50-day and 100-day EMAs intersect.

SOL Netflows (Source: Coinglass)

Exchange data from Coinglass shows that Solana has recorded nearly $400 million in cumulative outflows across the past three sessions.

This includes more than $110 million in outflows on Oct. 16 alone. 

Persistent withdrawals suggest profit-taking and reduced short-term liquidity, which could limit near-term recovery attempts.

A16z Bets $50M On Solana Staking Protocol JitoJito Foundation, a Solana-based staking and validator protocol, raised $50 million through a private token sale led by Andreessen Horowitz's a16z crypto, the firm said on Thursday.

According to the foundation, proceeds will fund the expansion of Jito's open-source validator infrastructure and its liquid staking product, JitoSOL, which holds over $3.2 billion in market capitalization. 

The investment follows Jito's launch of its Block Assembly Marketplace (BAM) in September, an infrastructure layer designed to optimize transaction ordering and validator efficiency.

"This isn't just about scaling," said Brian Smith, president of Jito Foundation, in a press release. 

"It's about helping everyone on Solana extract more value while making the network more transparent and programmable", he added.

Read Next:

Trump Family Reportedly $1 Billion In Profit From Crypto Ventures
Image: Shutterstock

Market News and Data brought to you by Benzinga APIs

© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
2025-10-16 19:34 4mo ago
2025-10-16 15:02 4mo ago
Ripple Accelerates Growth With $1 Billion G-Treasury Acquisition cryptonews
XRP
TL;DR

Ripple acquires GTreasury for $1 billion, completing its third major purchase in 2025 following Hidden Road and Rail.
The integration will enable Ripple to optimize cross-border payments, unlock trapped corporate capital, and access the global repo market.
GTreasury brings over four decades of treasury expertise, offering solutions in risk management, FX, compliance, and audits.

Ripple closed the acquisition of GTreasury for $1 billion, marking its third major deal in 2025 after purchasing Hidden Road for $1.25 billion and the stablecoin platform Rail for $200 million.

The deal aims to expand Ripple’s access to the global corporate treasury market, facilitate real-time cross-border payments, and optimize capital management for large enterprises.

What GTreasury Brings
Headquartered in Chicago, GTreasury brings more than forty years of experience supporting treasury operations for international brands, offering widely recognized solutions in risk management, foreign exchange, compliance, and audit frameworks.

GTreasury’s platform will allow Ripple to integrate advanced treasury capabilities with its blockchain infrastructure, enabling clients to process instant payments, unlock capital trapped in traditional systems, and access the multi-trillion-dollar repo market through prime broker Hidden Road.

Brad Garlinghouse explained that corporate capital has long been immobilized in slow and costly systems, limiting access to new markets and causing unnecessary delays. Combining Ripple’s and GTreasury’s capabilities will allow finance teams to optimize capital usage, reduce costs, and unlock new growth opportunities.

The first phase of the integration will focus on cross-border payments and short-term asset performance. Subsequently, the offering is expected to expand into corporate products that combine treasury and blockchain, enhancing interoperability and efficiency in financial management. GTreasury considers this acquisition a “watershed moment,” as it allows companies to move from simply managing capital to actively deploying it for real returns.

Ripple Is Building a New Financial Ecosystem
Ripple aims to create a robust ecosystem connecting payment solutions, stablecoins, and advanced financial services, establishing its presence in high-value corporate markets. The initiative aligns with the pursuit of greater regulatory clarity and efficiency in the financial industry, a challenge the company has actively addressed through litigation and dialogue with authorities.

The formal closing of the deal is expected in the coming months. Until then, Ripple will continue positioning itself as a key player in modernizing corporate treasury management and advancing blockchain adoption
2025-10-16 19:34 4mo ago
2025-10-16 15:08 4mo ago
Bitcoin At $108,000 While Dogecoin, Ethereum, XRP Extend Losses cryptonews
BTC DOGE ETH XRP
Bitcoin fell below $110,000 on Thursday as ETF outflows continue and nervous sentiment remains.

CryptocurrencyTickerPriceBitcoin(CRYPTO: BTC)$108,574.22Ethereum(CRYPTO: ETH)$3,899.85Solana(CRYPTO: SOL)$188.91XRP(CRYPTO: XRP)$2.35Dogecoin(CRYPTO: DOGE)$0.1901Shiba Inu(CRYPTO: SHIB)$0.00001009Notable Statistics:

Coinglass data shows 209,757 traders were liquidated in the past 24 hours for $693.09 million.       
In the past 24 hours, top losers include Zcash (CRYPTO: ZEC), Story (CRYPTO: IP) and Plasma (CRYPTO: XPL).
Polymarket bettors now give a 60% chance, up from 40% on Oct. 14, of Bitcoin falling below $100,000 before 2026.
Notable Developments:

Corporate Bitcoin Adoption Surged 40% In Q3: Report
BlackRock To Launch Revamped Money Market Fund For Serving Stablecoin Issuers
Peter Thiel, Palmer Luckey, And Joe Lonsdale Backed Crypto-Friendly Erebor Bank Gets Preliminary Nod From US Regulator
Dogecoin Tests 19 Cents As Thumzup Media Weighs DOGE Rewards Integration
IMF Warns Global Debt Nears 100% Of GDP: Could Bitcoin Be The World’s Safe Haven?
Trader Notes: Matthew Hyland noted that after last week's crash, Bitcoin's major liquidity levels below the current price have been cleared, with most remaining liquidity now above.

Michael van de Poppe highlighted that rising gold prices are bullish for Bitcoin.

Gold's market cap has grown to $30 trillion from $10 trillion three years ago. If Bitcoin were to match gold's valuation, it could potentially increase of around 15 times.

Altcoin Sherpa expects Bitcoin to trade sideways between $100,000–$115,000 in the near term, likely consolidating around the 200-day EMA.

Ted Pillows emphasized that Bitcoin is consolidating post-crash amid extreme negative sentiment and panic selling, which are typical signs of a market bottom rather than a top.

Read Next:

Bitcoin’s Line In The Sand Is $106,800: What Happens If It Gets Crossed?
Image: Shutterstock

Market News and Data brought to you by Benzinga APIs

© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
2025-10-16 19:34 4mo ago
2025-10-16 15:09 4mo ago
Bitcoin Fills Weekly CME Gap To Mirror 2024 Reversal Pattern – $130K Next? cryptonews
BTC
Bitcoin completed its weekly CME gap fill between $109,680 and $111,310 mirroring the October 2024 reversal pattern that preceded a two-month rally to $108,000, as gold's RSI reaches unprecedented 92 and funding rates flip negative with analysts projecting $130,000 target by year-end.
2025-10-16 19:34 4mo ago
2025-10-16 15:10 4mo ago
Dogecoin Price Prediction: DOGE Volumes Rise as It Drops Below $0.20 cryptonews
DOGE
DOGE/USD Daily (Binance) – Source: TradingView

The bullish target in this case would be around $0.34, while the bearish target would sit at $0.17. This means that DOGE’s upside potential exceeds the downside risk at the time.

Meanwhile, if we drop below $0.17, the next step for DOGE could be the $0.15 area. This has been a key area of demand in the past from which the top meme coin has bounced strongly.

The Relative Strength Index (RSI) favors this bearish outlook as it has moved below the mid-line and down the 14-day moving average as well. If negative momentum accelerates, that means a 12% potential loss in the short term.

On the flip side, if DOGE bounces off any of these levels, the upside potential would be quite high. At a point when altcoin season seems to have started (BNB Coin making new ATHs every week and ETH standing above $4,000), meme coins could start playing catch-up at some point.

Friday’s Cash Overshadows Major Tailwinds for DOGE
Dogecoin already has its own ETF, and it could soon have its corporate treasury. This token meets the criteria to become the poster child of a new era for meme coins. All that it takes is a spark to set the whole thing on fire.

Corporate treasuries for many different altcoins have been launched this year. However, this would be the first for Dogecoin (DOGE) if the merger goes through. HoD reportedly holds around 837 million tokens, valued at $160 million at today’s price.

House of Doge has partnered with Robinhood, 21 Shares, and CleanCore Solutions to expand Dogecoin’s ecosystem through the launch of products that generate yield for token holders.

The market has dismissed the importance of the news, but once market sentiment picks up, this could drive higher demand toward DOGE, as it means that institutional adoption is rising.
2025-10-16 19:34 4mo ago
2025-10-16 15:15 4mo ago
Bitcoin's Hashrate Nears Peak as Mining Difficulty Finally Eases cryptonews
BTC
Bitcoin miners finally caught a breather at block height 919,296 as mining difficulty eased up for the first time since June. The difficulty dipped 2.73%, landing at a still-hefty 146.72 trillion. After Brutal Months, Bitcoin Miners Breathe Easier With 2.73% Difficulty Cut With bitcoin prices sliding amid the difficulty cranking up to 150.
2025-10-16 19:34 4mo ago
2025-10-16 15:15 4mo ago
ZEC is now available on the Solana network through the newly launched Zolana bridge cryptonews
SOL ZEC
ZEC is now available on Solana, with trading pairs on decentralized exchange Raydium. ZEC is drawing in a new wave of traders, as the confidentiality narrative switches to Solana.
2025-10-16 19:34 4mo ago
2025-10-16 15:18 4mo ago
Bitcoin Fear and Greed Index Plummets From 71 to 24 in Just Days cryptonews
BTC
TL;DR:

The fear and greed index fell to 24, its lowest level of the year, reflecting market nervousness.
Bitwise claims that selling pressure has run its course and that the current scenario favors BTC accumulation ahead of a potential rally in the fourth quarter.
While small investors are increasing their purchases, miners have transferred 51,000 BTC to exchanges, suggesting potential selling pressure. Still, stability near $110,000 suggests that institutional demand could be supporting the market.

Investor confidence in Bitcoin is experiencing one of its most fragile moments of the year. The Crypto Fear and Greed Index plummeted to 24, its lowest level in twelve months, after recently reaching 71 in “greed” territory. The drop reflects an abrupt shift in market sentiment, marked by uncertainty and a decline in the price of BTC to $108,226, while interest in Google searches for the cryptocurrency also hit a multi-month low.

Bitwise sees fear as an opportunity to accumulate BTC
Despite the decline in sentiment, Bitwise argues that the current fear could be a signal to accumulate, not retreat. Its research team — led by André Dragosch, Max Shannon, and Ayush Tripathi — argues that selling pressure has peaked. According to their analysis, trade tensions between the United States and China caused an increase in risk aversion that affected global markets, including Bitcoin’s recent correction.

Bitwise’s weekly report highlighted that perpetual futures liquidations reached a record drop of nearly $11 billion in open interest, an event that “significantly exhausted selling pressure” and created a contrarian buying window. Dragosch compared this scenario to the unwinding of the yen carry trade in August 2024, noting that current sentiment levels historically precede phases of seasonal strength in the fourth quarter.

On-chain data partially supports this view. Glassnode observed an increase in accumulation by small and medium holders, with balances of 1 to 1,000 BTC, offsetting lower activity from large investors. However, CryptoQuant recorded that miners transferred 51,000 BTC (about $5.7 billion) to exchanges, which could anticipate sales. In addition, more than 265,000 BTC were liquidated in the last month, the largest outflow since January 2025.

Still, the price stability around $110,000 suggests that institutional demand could be absorbing the excess supply. Bitwise believes the market is in transition: from panic to re-accumulation, a pattern that has historically marked the beginning of bull cycles.
2025-10-16 19:34 4mo ago
2025-10-16 15:21 4mo ago
StableX acquires Chainlink crypto in stablecoin play cryptonews
LINK
StableX acquires Chainlink tokens as part of its second major crypto asset purchase, following its investment in FLUID.

Summary

StableX announced the acquisition of Chainlink crypto due to its importance for stablecoins
The acquisition is the second purchase after StableX purchased FLUID tokens
StableX is executing a $100M strategy focused on acquiring tokens that power the stablecoins

Stablecoins are going mainstream, as are the crypto networks that power them. On Thursday, Oct. 16, Nasdaq-traded firm StableX Technologies announced its purchase of Chainlink (LINK) tokens. The move is part of a $100 million strategy focused on crypto tokens that power the stablecoin ecosystem.

According to StableX, Chainlink (LINK) is a key element of the DeFi infrastructure powering stablecoins. For this reason, the acquisition aligns with its strategy to become a pure-play investment in stablecoin infrastructure.

“Our investment in Chainlink (LINK) represents a cornerstone of StableX’s strategy and the future of the stablecoin ecosystem,” said James Altucher, StableX’s Digital Treasury Asset Manager. “We believe Chainlink is uniquely positioned to ride the growth in the stablecoin industry, powering critical functions such as price feeds and proof-of-reserve verification for leading issuers like USDT and USDC.”

Chainlink key for stablecoins: StableX
According to StableX, Chainlink is key for stablecoins for several reasons. For one, Chainlink provides real-time data that helps stablecoins remain pegged to their underlying assets across DeFi protocols. Moreover, Chainlink directly works on stablecoin proof-of-reserves. It also has several high-profile institutional partnerships, giving it credibility.

“With partnerships spanning Swift, UBS, S&P, and the U.S. Department of Commerce, Chainlink is rapidly becoming the data backbone of both decentralized and traditional finance. Holding a dominant 68% share of the decentralized oracle market, LINK was a must-own asset as we build the only pure-play portfolio dedicated to stablecoins,”

This acquisition follows StableX’s investment in FLUID. StableX did not disclose how many Chainlink tokens it bought in its press release.
2025-10-16 19:34 4mo ago
2025-10-16 15:25 4mo ago
Bitcoin Price Slips Below $108,000: Peter Schiff Anticipates ‘Brutal' Bear Market, CZ Responds cryptonews
BTC
The Bitcoin price continues to face challenges as the cryptocurrency has resumed its downtrend, struggling to maintain momentum above the $115,000 mark. This price point has proven to be a significant resistance level in the short term. 

Amid these fluctuations, Bitcoin skeptic Peter Schiff took to social media platform X (formerly Twitter) to declare, “Gold is eating Bitcoin’s lunch.” 

Schiff Calls For HODLers To Sell ‘Fool’s Gold
In his post, Schiff highlighted that Bitcoin has experienced a 32% decline when priced in gold since its peak in August, predicting a “brutal” bear market ahead. Schiff urged HODLers to reconsider their investments, suggesting they sell their “fool’s gold” and invest in the tangible asset of gold instead, or risk financial ruin.

In response to Schiff’s assertions, Changpeng Zhao, the former CEO of Binance, offered a sarcastic retort. He noted, “ We should have listened to him, two months ago, out of the 16 years in bitcoin’s existence. About 1% of the time.”

Zhao reminded followers that Bitcoin has surged from a mere $0.004 to approximately $110,000 USD over the years, underscoring the cryptocurrency’s long-term potential despite current challenges.

Expert Predicts Positive October For Bitcoin 
Schiff has continued to voice his skepticism about Bitcoin’s viability as a substitute for the US dollar or as “digital gold.” He argues that many HODLers are in denial about the realities of the market, a mindset he believes will lead to significant losses.

Contrasting Schiff’s bearish outlook, experts like Timothy Peterson have offered a more optimistic perspective. Peterson’s updated AI forecast for Bitcoin, suggests there is still a 75% probability that October could be a positive month for Bitcoin, with the potential for prices to close above $114,000.

As of this writing, the market’s leading cryptocurrency is trading at approximately $108,280, having dipped toward $107,500 earlier on Thursday. It currently stands 13% below all-time high levels. 

The daily chart shows BTC’s price trending downwards. Source: BTCUSDT on TradingView.com
Featured image from DALL-E, chart from TradingView.com 
2025-10-16 19:34 4mo ago
2025-10-16 15:27 4mo ago
Crypto stocks tank as Bitcoin retreats below $110k cryptonews
BTC
Crypto stocks face renewed pressure on October 16, 2025 amid a fresh pullback for Bitcoin, with the benchmark digital asset’s price slipping below $110,000 on Thursday.

Summary

Crypto stocks, including MARA, Riot Platforms and Strategy, fell as Bitcoin price retreated under $110,000.
BTC fell to below $108,000 while major crypto stocks slipped 10-14%.
Macro factors, including trade tensions and government shutdown, put pressure on crypto related public companies.

The downturn for crypto stocks, which had MARA, Bitfarms and Riot among top losers, came amid a dip for stocks. After opening higher on Thursday, U.S. stocks wavered as investors reacted to the latest U.S.-China trade war tensions and ongoing government shutdown.

Bitcoin (BTC) dropped as cryptocurrencies mirrored Wall Street, and its retreat to lows of $107,642 triggered declines for BTC-related publicly-traded companies.

Bitcoin’s value fell to under $105,000 on October 10 as a crypto bloodbath wiped out over $19 billion in leveraged positions. However, bulls quickly rallied to above $115,000, as sentiment held bullish earlier in the week.

The top crypto has again pared gains as its price falls below $108k – with negative action cascading to shares of publicly traded companies. With these public companies heavily tied to crypto mining, treasury holdings and such, the dip in BTC reflects in their trading.

Bitcoin price chart. Source: crypto.news
Top crypto stocks plummet
Bitfarms Ltd. (BITF), whose shares had tumbled 14.4% by midday trading, led the carnage. The Toronto-based miner’s stock hovered around CAD 7.75. Meanwhile, MARA traded at $20.28, about 11% down on the day, and Nasdaq-listed Riot Platforms (RIOT) slid nearly 10%, with its stock price dipping to $20.

Other crypto stocks feeling the heat include Hut 8 Mining Corp. (HUT), down 6% to $50.77. Elsewhere, Strategy, the world’s largest corporate holder of BTC, traded 3.5% down at $286.47. Michael Saylor shared the chart below showing MSTR performance compared to other stocks and BTC.

NYSE-listed Circle Internet Group Inc, the company behind the USDC stablecoin, was down 3.8% at $129.37. The stock of Coinbase, the U.S.-based crypto exchange behemoth, hovered around $333, with its shares down 0.98%. 

Macroeconomic factors continue to hinder bulls, the crypto market remains largely upbeat ahead of potential interest rate cuts by the Federal Reserve. In this case, correlation with equities and vulnerability to external shocks will likely provide the backdrop for short-term Bitcoin price trajectory.
2025-10-16 19:34 4mo ago
2025-10-16 15:31 4mo ago
Elon Musk: ‘You can't fake energy.' Has Bitcoin finally gone green enough for Tesla? cryptonews
BTC
Elon Musk: ‘You can’t fake energy.’ Has Bitcoin finally gone green enough for Tesla? Andjela Radmilac · 14 seconds ago · 3 min read

Data says 52% of Bitcoin mining runs on sustainable power, but Musk’s checkout button is still dark.

Oct. 16, 2025 at 8:30 pm UTC

3 min read

Updated: Oct. 16, 2025 at 4:03 pm UTC

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

Elon Musk recently revived the “51 % renewables” benchmark, stating that the energy backing Bitcoin “can’t be faked.”

The reference is to his earlier promise that Tesla would resume accepting Bitcoin payments once at least half of mining energy came from clean or low-carbon sources.

However, now that the latest data suggests the network may have crossed that threshold, Tesla still hasn’t re-enabled BTC checkout. Why?

Has Bitcoin passed the bar yet?According to the Cambridge Centre for Alternative Finance’s 2025 Digital Mining Industry Report, sustainable energy now powers approximately 52.4 % of surveyed Bitcoin mining activity.

Of that, 42.6 % is from renewables (hydro, wind, solar, etc.) and 9.8 % from nuclear or other low-carbon sources. In parallel, fossil fuel contributions have shifted: natural gas now accounts for 38.2 % (up from ~25 % in 2022), and coal has fallen to 8.9 % (down from ~36.6 %).

Charts showing the electricity consumption for surveyed miners by energy source as of April 2025 (Source: University of Cambridge Digital Mining Industry Report)If Musk’s promise is taken literally, Bitcoin may already exceed the 51 % “sustainable energy” bar, at least as measured by Cambridge’s survey of firms that cover roughly 48 % of global mining capacity.

But this is only half the story. The wording matters: Musk has referenced renewables (50 %) in earlier comments, though in later tweets he says “51 % renewable” or “energy you can’t fake.” The Cambridge figure lumps renewables + nuclear; the pure renewables share is lower (42.6 %).

So, BTC may still fall short depending on the rigidity of Musk’s definition.

Moreover, the Cambridge approach is survey-based and covers only a subset of miners. Off-grid operations, curtailed renewables, regional idiosyncrasies, and temporal mismatches (when renewables produce more or less relative to mining demand) complicate the picture.

Alternate models, such as those based on grid carbon intensity or energy tracing, often yield more conservative estimates of renewable share. That divergence means even a nominal “pass” is subject to debate.

So why hasn’t Tesla flipped the switch?Even granting that Bitcoin may now qualify under Musk’s sustainability test, Tesla has not re-enabled BTC payments. Several pragmatic and symbolic hurdles remain.

The first is due diligence. Musk previously stated that Tesla would only restart payments once he saw “reasonable (~50 %) clean energy usage … and a trend toward increasing that number.” That wording implies he is looking for persistence, not a one-off data point.

A single report showing 52 % sustainable energy may not satisfy his requirement for a verified and sustained upward trend in Bitcoin’s energy mix.

Another factor is definition clarity. Tesla would need to decide whether “sustainable” includes nuclear and low-carbon sources or strictly renewables like hydro, wind, and solar. The Cambridge data combines these categories, but Musk’s earlier phrasing referenced renewables specifically.

Without a universally accepted definition, any decision to resume BTC payments risks being accused of greenwashing.

There is also the issue of merchant and market risk. Accepting Bitcoin exposes Tesla to price volatility, complex accounting treatment, and potential regulatory complications.

Even if the company immediately converts BTC receipts to fiat, fluctuations between order placement and settlement introduce financial uncertainty that may not be worth the effort for a car manufacturer operating on thin margins.

Brand optics add another layer. Tesla’s image is built on environmental credibility, and even a minor backslide in Bitcoin’s energy profile could trigger backlash from investors and ESG-minded customers. The company may prefer to err on the side of caution rather than face renewed criticism if mining activity shifts back toward fossil-heavy regions.

Finally, operational integration cannot be ignored. To bring Bitcoin payments back online, Tesla would need to rebuild wallet infrastructure, transaction pipelines, and conversion mechanisms. That requires engineering resources and internal approvals: steps that are far from trivial for a global manufacturer already balancing multiple product launches and software initiatives.

Taken together, these factors suggest that clearing the 51 % renewable threshold is not enough on its own. For Musk, the test seems to be as much about confidence, consistency, and perception as about raw data. Until those align, Tesla’s checkout page is likely to stay crypto-free.

What this means for adoptionFrom a narrative standpoint, Musk’s reengagement wields influence. If Bitcoin can credibly cleave to a cleaner energy mix and major commercial counterparts like Tesla begin transacting again, it would reinforce a more sustainable narrative for crypto.

Yet Tesla’s continued off-chain status despite claims suggests Musk views the promise as conditional, not automatic. The test is as much about optics, risk control, and narrative as it is about simple metrics.

For now, Bitcoin’s claimed “51 %+ sustainable” status offers a compelling rebuttal to critics, but until checkouts return, it remains more of a symbolic win than a commercial one.

Mentioned in this article

Latest Bitcoin Stories Press Releases
2025-10-16 18:34 4mo ago
2025-10-16 14:10 4mo ago
PPL Trades Above 50 & 200-Day SMAs: How to Play the Stock? stocknewsapi
PPL
Key Takeaways PPL is trading above its 50 and 200-day SMAs, signaling a bullish technical trend.The company plans $20B in infrastructure investments from 2025-2028 to enhance reliability.PPL targets $175M in O&M cost cuts by 2026 and annual dividend hikes of 6-8% through 2028.
PPL Corporation ((PPL - Free Report) ) is trading above its 50 and 200-day simple moving averages (SMAs), signaling a bullish trend. The firm has repositioned itself as a U.S.-focused energy company after the divestiture of the international operation. Data centers are creating fresh demand in its service region.

PPL has a well-defined long-term capital investment strategy aimed at strengthening and expanding its infrastructure to ensure the delivery of safe, reliable and affordable energy. The company’s ongoing cost-saving initiatives are expected to enhance its profit margins.

PPL 50 and 200 Day SMAs
Image Source: Zacks Investment Research

The 50 and 200-day SMAs are key indicators for traders and analysts to identify support and resistance levels. It is considered particularly important as this is the first marker of a stock’s uptrend or downtrend.

In the past year, the company’s shares have gained 17.3% compared with the Zacks Utility- Electric Power industry’s 11.6% rise. PPL has outperformed the S&P 500’s growth of 16% and the Zacks Utilities sector’s rise of 9.6%.

Another utility in the same space, Dominion Energy ((D - Free Report) ), having substantial clean energy generation capability, has gained 3.2% in the past 12 months.

Price Performance (1 year)
Image Source: Zacks Investment Research

Should you consider adding PPL to your portfolio only based on positive price movements? Let us delve deeper and find out the factors that can help investors decide whether it is a good entry point to add PPL stock to their portfolios.

Factors Acting as Tailwinds for PPL StockPPL Corporation’s capital investment strategy is primarily centered on infrastructure development projects across generation, transmission and distribution. Thanks to these ongoing investments in system reliability, customers have been experiencing fewer outages. The company plans to invest $20 billion between 2025 and 2028 to enhance operations further and maintain the delivery of high-quality service to its customers.

In the 2025-2028 time period, PPL plans to invest $8 billion in electric and gas distribution investments to improve the quality of services and $6 billion in electric transmission investments to strengthen the reliability and resiliency of the electricity grid. PPL is using smart grid technology to provide better services and efficiently cater to the increasing demand coming from its expanding customer base.

More than 60% of PPL’s capital investment plan is subject to “contemporaneous recovery,” which reduces the impact of regulatory lag on earnings for investments. The recovery of capital expenditures quickly allows the company to fund long-term projects easily.

PPL is also working to reduce its operating and maintenance (O&M) costs by at least $150 million by 2025 and $175 million by 2026. In 2024, PPL achieved $130 million in savings from the 2021 baseline.

PPL’s Pennsylvania and Kentucky service regions continue to attract data centers’ interest. These data centers are creating demand for PPL services and will continue to generate demand in the future, as well as boosting its performance. New data center requests have increased in Pennsylvania and Kentucky to 50 gigawatts (“GW”) and 8.5 GW over the 2026-2034 period, respectively.

PPL’s Earnings Estimates Moving NorthPPL Corporation expects its 2025 earnings per share in the range of $1.75-$1.87. The Zacks Consensus Estimate for PPL’s 2025 and 2026 earnings per share indicates an increase of 2.2% and 2.04%, respectively, in the past 60 days.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for Dominion Energy’s 2025 earnings per share remained unchanged in the past 60 days, while the earnings estimate for 2026 has increased 0.28% in the same time period.

PPL Increases Value of Its ShareholdersThe company has been distributing dividends to its shareholders for a long time and plans to increase dividends annually in the range of 6-8% at least through 2028, subject to the board’s approval. The company’s current quarterly dividend rate is 27.25 cents, resulting in an annual dividend of $1.09 per share. The current dividend yield is 2.88% better than the S&P 500 group’s yield of 1.48%.

PPL has raised dividends for its shareholders four times in the past five years. Check PPL’s dividend history here.

Duke Energy ((DUK - Free Report) ), operating in the same space, has been investing regularly to provide high-quality services to its customers. The company also distributes dividends to its shareholders. The current annual dividend rate of Duke Energy is $4.26 per share, reflecting a dividend yield of 3.33%.

PPL Stock Returns Lower Than the IndustryPPL’s trailing 12-month return on equity (“ROE”) of 8.81% is lower than the industry average of 10.35%. Return on equity, a profitability measure, reflects how effectively a company utilizes its shareholders’ funds to generate income.

Image Source: Zacks Investment Research

Duke Energy’s current ROE is 9.85%, lower than its industry.

PPL Stock Trades at a PremiumPPL Corporation is currently valued at a premium compared with its industry on a forward 12-month P/E basis. The stock is trading at P/E F12M of 19.3X compared with its industry’s 15.65X.

Image Source: Zacks Investment Research

Wrapping UpPPL is well-positioned to benefit from growing energy demand across service areas, while its cost-saving initiatives are expected to continue supporting margin expansion. Additionally, the company’s ability to recover more than 60% of its capital expenditures in real time provides flexibility to efficiently fund long-term projects.

However, PPL’s shares currently trade at a premium and its returns remain slightly below the industry average. So, the new investors should wait for a better entry point to add this Zacks Rank #3 (Hold) stock to their portfolio.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
 
2025-10-16 18:34 4mo ago
2025-10-16 14:10 4mo ago
Can Rigetti's 264% Year-to-Date Rally Hold as Quantum Race Heats Up? stocknewsapi
RGTI
Key Takeaways Rigetti's 264% rise is fueled by U.S. Air Force and Novera system orders signaling real-world demand.New ties with C-DAC and Montana State boost Rigetti's reach in global research and quantum services.Despite strong momentum, Rigetti's small revenue base and continued losses pose near-term challenges.
Rigetti Computing (RGTI - Free Report) staggering 264% year-to-date surge has turned heads across the quantum investing landscape, and for good reason. The company has strung together a series of meaningful wins that suggest its technology may finally be gaining commercial traction. Key catalysts include new purchase orders for its 9-qubit Novera systems and a U.S. Air Force Research Laboratory contract focused on hybrid quantum-classical computing, both signaling growing real-world demand beyond the research phase. Equally important, Rigetti’s progress on chiplet-based architecture has reignited investor optimism around its scalability and cost efficiency, positioning it as a leaner, more focused player in an increasingly competitive field.

The optimism is also reflected in the company’s expanding global footprint. Recent collaborations with India’s Centre for Development of Advanced Computing (C-DAC) and Montana State University highlight Rigetti’s push to broaden its reach and strengthen its presence in key research markets. These partnerships enhance credibility and open new opportunities for its quantum cloud services and hardware business. Still, the stock’s steep rise has sparked debate among investors about whether this is the start of a real turnaround or just a short-term rally driven by hype.

While Rigetti’s momentum is strong, its revenue base remains small and losses continue. With the quantum computing race heating up, Rigetti now faces the challenge of proving that its recent wins can translate into sustained growth and financial stability.

Peers UpdatesIonQ (IONQ - Free Report) has strengthened its quantum roadmap with the acquisitions of Oxford Ionics and Lightsynq, enhancing its ion-trap and photonic interconnect technologies to improve system scalability and performance. The deals also expand IonQ’s intellectual property portfolio, now surpassing 1,000 total assets — a clear sign of deepening competitive moats.

These strategic moves position IonQ to accelerate both quantum computing and networking capabilities, giving it a head start as demand for hybrid quantum solutions rises. Together, these developments underscore IonQ’s shift from pure research toward commercial deployment and ecosystem leadership in the fast-evolving quantum market.

Arqit Quantum (ARQQ - Free Report) continues to carve its niche in quantum-safe encryption, recently joining the Oracle Defense Ecosystem to strengthen its presence across secure government and enterprise networks. It was also selected by the UK’s NCSC to support post-quantum cryptography migration — a major credibility boost in cybersecurity circles.

Additionally, Fabric Networks licensed Arqit’s NetworkSecure platform to deploy quantum-safe encryption at scale, signaling real-world adoption of its technology. These milestones mark steady progress toward commercial validation, even as Arqit focuses on translating partnerships into sustainable revenue growth.

Rigetti’s Price Performance, Valuation and EstimatesShares of RGTI have gained 263.8% in the year-to-date period compared with the industry’s growth of 17%.

Image Source: Zacks Investment Research

From a valuation standpoint, Rigetti trades at a price-to-book ratio of 32.88, above the industry average. RGTI carries a Value Score of F.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for Rigetti’s 2025 earnings implies a significant 86.1% rise from the year-ago period.

Image Source: Zacks Investment Research

The company currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
2025-10-16 18:34 4mo ago
2025-10-16 14:10 4mo ago
Avery Dennison to Report Q3 Earnings: What's in Store for the Stock? stocknewsapi
AVY
Key Takeaways Avery Dennison will announce 3Q25 results before market open on Oct. 22.Estimates indicate $2.22B in revenues, up 1.5% y/y, and an EPS of $2.32, down 0.4%.Higher input costs may weigh on margins despite stronger volumes and cost-saving efforts.
Avery Dennison Corporation (AVY - Free Report) is scheduled to report third-quarter 2025 results before the opening bell on Oct. 22, 2025.

The Zacks Consensus Estimate for AVY’s third-quarter revenues is pegged at $2.22 billion, indicating a 1.5% rise from the year-ago reported figure.

The consensus estimate for AVY’s earnings has moved down in the past 60 days. The consensus estimate is pegged at $2.32 per share, indicating a year-over-year dip of 0.4%.

Image Source: Zacks Investment Research

AVY’s Earnings Surprise HistoryAvery Dennison’s earnings beat the Zacks Consensus Estimates in three of the trailing four quarters and missed in one, the average surprise being 0.4%.

Image Source: Zacks Investment Research

What the Zacks Model Unveils for Avery DennisonOur proven model does not conclusively predict an earnings beat for AVY this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. But that is not the case here, as you can see below.

You can uncover the best stocks before they are reported with our Earnings ESP Filter.

Earnings ESP: Avery Dennison has an Earnings ESP of -0.39%.

Zacks Rank: AVY currently carries a Zacks Rank #3.

Factors Likely to Have Shaped AVY’s Q3 PerformanceAvery Dennison’s third-quarter results are likely to have reflected improved volumes in both its segments. However, higher raw material, labor and freight costs are expected to have impacted the company’s margins. The impacts are anticipated to have been offset by AVY’s productivity improvement and cost-saving actions.

Our model predicts the Materials Group segment’s revenues to rise 1.1% year over year in the quarter to $1.51 billion. The upside will be driven by growth in the base business and high-value categories led by specialty labels. Our estimate for the Materials Group segment’s adjusted operating profit is pinned at $219 million, indicating a year-over-year fall of 1.4%.

Normalized growth in apparel is expected to have aided the Solutions Group segment's growth. Also, the Intelligent Labels adoption is increasing in new categories, which is likely to have aided the segment’s quarterly performance. Our model predicts the Solutions Group segment’s revenues to be $695 million, indicating an increase of 1.4% from the prior-year quarter’s actual.

Our estimate for the segment’s operating profit is pinned at $74 million, indicating a decrease of 4.4% from the year-ago quarter’s reported figure.

Avery Dennison Stock’s Price PerformanceAVY shares have dipped 25.4% in the past year compared with the industry’s decline of 34.6%.

Image Source: Zacks Investment Research

Stocks That Warrant a LookHere are some companies with the right combination of elements to post an earnings beat in their upcoming releases.

Hubbell Incorporated (HUBB - Free Report) , slated to release third-quarter 2025 results on Oct. 28, has an Earnings ESP of +0.12% and a Zacks Rank of 2 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for Hubbell’s third-quarter 2025 earnings is pegged at $5.00 per share, suggesting a year-over-year rise of 11.4%. Hubbell has a trailing four-quarter average surprise of 2.3%.

Illinois Tool Works Inc. (ITW - Free Report) , slated to release third-quarter 2025 results on Oct. 24, has an Earnings ESP of +0.84% and a Zacks Rank of 3 at present.

The Zacks Consensus Estimate for Illinois Tool Works’ third-quarter 2025 earnings is pegged at $2.69 per share, suggesting a year-over-year rise of 1.5%. ITW has a trailing four-quarter average surprise of 2.3%.

Otis Worldwide Corporation (OTIS - Free Report) , set to release third-quarter 2025 results on Oct. 29, has an Earnings ESP of +0.02% and a Zacks Rank of 3 at present.

The Zacks Consensus Estimate for Otis Worldwide’s third-quarter 2025 earnings is pegged at $1.00 per share, suggesting a year-over-year rise of 4.2%. Otis Worldwide has a trailing four-quarter average surprise of 0.2%.
2025-10-16 18:34 4mo ago
2025-10-16 14:11 4mo ago
ROSEN, SKILLED INVESTOR COUNSEL, Encourages MoonLake Immunotherapeutics Investors to Secure Counsel Before Important Deadline in Securities Class Action – MLTX stocknewsapi
MLTX
NEW YORK, Oct. 16, 2025 (GLOBE NEWSWIRE) --

WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of common stock of MoonLake Immunotherapeutics (NASDAQ: MLTX) between March 10, 2024 and September 29, 2025, both dates inclusive (the “Class Period”). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 15, 2025.

SO WHAT: If you purchased MoonLake common stock 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 MoonLake class action, go to https://rosenlegal.com/submit-form/?case_id=45681 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 December 15, 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. 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 complaint, throughout the Class Period, defendants made false and/or misleading statements, as well as failed to disclose material facts, regarding the distinction between the Nanobodies and monoclonal antibodies, including that: (1) SLK and BIMZELX share the same molecular targets (the inflammatory cytokines IL-17A and IL-17F); (2) SLK’s distinct Nanobody structure would not confer a superior clinical benefit over the traditional monoclonal structure of BIMZELX; (3) SLK’s distinct Nanobody structure supposed tissue penetration would not translate to clinical efficacy; and (4) based on the foregoing, defendants lacked a reasonable basis for their positive statements regarding SLK’s purported superiority to monoclonal antibodies. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the MoonLake Immunotherapeutics class action, go to https://rosenlegal.com/submit-form/?case_id=45681 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
2025-10-16 18:34 4mo ago
2025-10-16 14:13 4mo ago
HCLTech and Zscaler Expand Partnership for AI-Powered Security and Network Transformation stocknewsapi
ZS
SAN JOSE, Calif & NOIDA, India--(BUSINESS WIRE)--HCLTech, a leading global technology company, and Zscaler™, a leader in cloud security, announced the expansion of their strategic partnership to provide AI-powered network transformation and enhanced zero-trust security services to enterprises worldwide.

Under the new partnership scope, Zscaler's Zero Trust Exchange™ platform has been integrated with HCLTech's Cybersecurity Fusion Center (CSFC) platform. HCLTech’s AI capabilities, including SecOps and Responsible AI guardrails within HCLTech AI Force and AI Foundry are key to this partnership. This collaboration aims to enhance enterprise resilience and achieve business outcomes with a cloud-first, scalable security solution.

HCLTech's Universal Managed Detection and Response (UMDR) services now integrate with Zscaler Internet Access™ (ZIA™), Zscaler Private Access™ (ZPA™) and other Zscaler components, providing context-rich threat detection, advanced analytics and faster response powered by AI and automation. Other key highlights of the joint offering include ROI-driven secure network transformation, end-to-end managed security services, Secure Access Service Edge (SASE) and zero-trust maturity assessments.

"Today's enterprises need a robust foundation for digital trust and resilience," said Amit Jain, EVP and Global Head of Cybersecurity at HCLTech. "Our partnership with Zscaler, now enhanced with joint AI-driven capabilities, enables global businesses to modernize securely and confidently. With over two decades of comprehensive cybersecurity expertise, HCLTech is uniquely positioned to deliver value through AI-enhanced operations and outcome-focused network security transformation services."

"Zscaler's zero-trust architecture and cloud-native approach are designed for the needs of today's digital-first enterprises," said Mike Rich, CRO and President Global Sales, Zscaler. "Together with HCLTech, we are enabling organizations to simplify and accelerate their secure digital transformation journeys—with cloud-delivered services that reduce complexity, enhance user experience and strengthen their overall cyber resilience."

According to the HCLTech Global Cyber Resilience Study, global security leaders identified implementing zero trust and Secure Access Service Edge (SASE) architectures as one of their near-term top strategic priorities. The expanded HCLTech and Zscaler partnership directly addresses this demand, empowering enterprises to move beyond legacy architectures and adopt a secure, intelligent and agile security framework at scale.

About HCLTech

HCLTech is a global technology company, home to more than 226,600 people across 60 countries, delivering industry-leading capabilities centered around AI, digital, engineering, cloud and software, powered by a broad portfolio of technology services and products. We work with clients across all major verticals, providing industry solutions for Financial Services, Manufacturing, Life Sciences and Healthcare, High Tech, Semiconductor, Telecom and Media, Retail and CPG, Mobility and Public Services. Consolidated revenues as of 12 months ending September 2025 totaled $14.2 billion. To learn how we can supercharge progress for you, visit hcltech.com.
2025-10-16 18:34 4mo ago
2025-10-16 14:14 4mo ago
Praxis Precision's tremor-drug trial succeeds where others have failed. The stock is skyrocketing. stocknewsapi
PRAX
HomeIndustriesPharmaceuticalsShares of Praxis Precision Medicines have hit their highest intraday level since March 2022Published: Oct. 16, 2025 at 2:14 p.m. ET

Shares of biopharmaceutical company Praxis Precision Medicines Inc. are soaring, boosted by the successful trial of a new drug to treat movement disorders.

The drug, ulixacaltamide, targets essential tremor, a difficult-to-treat nervous-system condition that causes rhythmic shaking and can affect any part of the body, but typically affects hands.

About the Author

James Rogers is a Financial Columnist for MarketWatch.

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2025-10-16 18:34 4mo ago
2025-10-16 14:15 4mo ago
AMC Networks CEO: 'What we see is there's two different customers' stocknewsapi
AMCX
AMC Networks Kristin Dolan discusses how there are “two different customers” when it comes to streaming and linear TV consumption during this week's CNBC Sport videocast.
2025-10-16 18:34 4mo ago
2025-10-16 14:15 4mo ago
Meta to shut down Messenger desktop apps for Mac and Windows stocknewsapi
META
Image Credits:Nikolas Kokovlis/NurPhoto / Getty Images

11:15 AM PDT · October 16, 2025

Meta is shutting down Messenger’s standalone desktop apps for Windows and Mac on December 15, the company confirmed to TechCrunch on Thursday.

Starting December 15, users will no longer be able to log into the apps and will be automatically redirected to the Facebook website to access Messenger.

“If you’re using the Messenger desktop apps, you’ll get an in-app notification once the deprecation process begins,” a Messenger help page reads. “You will have 60 days to use the Mac Messenger app before it is fully deprecated. Once the 60 days are over, you’ll be blocked from using the Mac Messenger app. We encourage you to delete the app since it will no longer be usable.”

Meta’s plan to wind down these desktop apps was first spotted by Appleinsider.

The company is now alerting users of the upcoming change to give them time to familiarize themselves with other options. For example, Windows users can use the Facebook desktop app, and both Windows and Mac users can access Messenger online.

Meta is encouraging users to activate secure storage and to set up a PIN to save their chat history before moving to the web version. Once users transition to Facebook.com, their chat history will be available on all platforms. Users can check if they have secure storage turned on by clicking the settings icon above their profile picture and then selecting “Privacy & safety, and then clicking “End-to-end encrypted chats.” From there, they need to click “Message storage” to check if “Turn on secure storage” is turned on.

The move comes a year after Meta replaced the native Messenger app with a Progressive Web App back in September 2024. Of course, Meta’s decision to discontinue the desktop apps altogether will likely see some backlash from avid users of the apps.

Aisha is a consumer news reporter at TechCrunch. Prior to joining the publication in 2021, she was a telecom reporter at MobileSyrup. Aisha holds an honours bachelor’s degree from University of Toronto and a master’s degree in journalism from Western University.

You can contact or verify outreach from Aisha by emailing [email protected] or via encrypted message at aisha_malik.01 on Signal.

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2025-10-16 18:34 4mo ago
2025-10-16 14:16 4mo ago
Reasons to Add HealthEquity Stock to Your Portfolio for Now stocknewsapi
HQY
Key Takeaways HealthEquity delivered solid Q2 fiscal 2026 results, driven by strong top-and-bottom-line growth.HSA assets rose 12% year over year to $33.1B, with 10M accounts and rising member engagement.AI tools and mobile innovations boosted efficiency, speed, and customer satisfaction across platforms.
HealthEquity, Inc. (HQY - Free Report) has been gaining from its business model and strategy. The optimism, led by a solid second-quarter fiscal 2025 performance and strength in Health Savings Accounts (HSAs), is expected to contribute further. However, data security threats are major concerns.

In the past six months, the Zacks Rank #2 (Buy) company’s shares have risen 9.5% compared with 3.8% growth of the industry. The S&P 500 has increased 28.3% during the said time frame.

The renowned provider of technology-enabled services platforms for healthcare savings and spending decisions has a market capitalization of $8.1 billion. The company projects 21.7% growth over the next five years and expects to witness continued improvements in its business. HealthEquity’s earnings surpassed the Zacks Consensus Estimate in three of the trailing four quarters and missed once, the average surprise being 11.1%.

Image Source: Zacks Investment Research

Reasons Favoring HQY’s GrowthExpansion of Health Savings Accounts: HealthEquity has experienced significant growth in its HSA offerings. As of July 31, 2025, the total number of Health Savings Accounts (HSAs) for which HealthEquity served as a non-bank custodian was 10 million, up 6% year over year. HealthEquity reported 782,000 HSAs with investments as of July 31, 2025, up 10% year over year. Total accounts, as of April 30, 2025, were 17.1 million. This uptick included total HSAs and 7.2 million CDBs.

Total HSA assets were $33.1 billion at the end of July 31, 2025, up 12% year over year. This included $17 billion of HSA cash and $16.1 billion of HSA investments. Deposits held on behalf of HealthEquity’s clients to facilitate the administration of its CDBs, from which the company generates custodial revenues, were $0.8 billion as of July 31, 2025.

AI & Digital Innovation Drive Scalable Efficiency: HQY is making rapid progress in its AI and mobile-first transformation, already seeing tangible benefits from its AI-powered claims adjudication system, which processes reimbursements faster, cuts servicing costs, and boosts member satisfaction. The company is piloting Agentic AI in voice channels to automate interactions and reduce wait times, while the full cloud migration of its V5 platform has significantly improved response speed, stability, and reliability.

Alongside this, HQY’s secure mobile app and passkey authentication are enhancing security and engagement, with features like app-based multifactor authentication, digital wallet integration and mobile investing deepening member involvement and driving higher transaction volumes. Together, these initiatives are strengthening HQY’s efficiency, customer loyalty and long-term margin potential.

Strong Q2 Results: HealthEquity exited second-quarter fiscal 2026 with better-than-expected results. The company witnessed solid top-line and bottom-line performances in the reported quarter. Solid growth in HSAs also drove the top line. The solid uptick in total HSA assets in the reported quarter is promising. Significant improvements in operating and gross margins also bode well.

A Factor That May Offset HQY’s GainsData Security Threats: HealthEquity deals with a high level of sensitive personal and financial data, making the security of its technology platforms critical to operations. While the company has made progress, fraud remains an ongoing cost and operational focus. In fiscal second-quarter 2026, it still reimbursed members approximately $1.2 million for fraud-related incidents, though overall fraud-related service costs declined sequentially.

Despite sequential declines in fraud incidents throughout 2025, the risk remains that any material breach could lead to loss of sensitive information, theft or loss of actual funds, litigation, indemnity obligations, and reputational harm. Such outcomes could disrupt operations and erode client confidence, adversely impacting HealthEquity’s business.

Estimate TrendHealthEquity has been witnessing a positive estimate revision trend for fiscal 2026. Over the past 60 days, the Zacks Consensus Estimate for earnings per share (EPS) has moved 13 cents upward to $3.86.

The Zacks Consensus Estimate for third-quarter fiscal 2026 revenues is pegged at $319.9 million, implying a 6.5% rise from the year-ago reported number. The consensus mark for fiscal third-quarter EPS is pinned at 90 cents, implying a 15.9% improvement year over year.

Other Key PicksSome other top-ranked stocks in the broader medical space are Masimo (MASI - Free Report) , Merit Medical System (MMSI - Free Report) and West Pharmaceutical Services (WST - Free Report) . Each stock presently carries a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Masimo shares have lost 10.4% so far this year compared with the industry’s 7.4% decline. Estimates for the company’s 2025 earnings per share have increased 1.3% to $5.30 in the past 30 days.

MASI’s earnings beat estimates in each of the trailing four quarters, the average surprise being 13.8%. In the last reported quarter, it posted an earnings surprise of 8.1%.

Estimates for Merit Medical’s 2025 earnings per share have increased 0.8% to $3.63 in the past 60 days. Shares of the company have lost 13.8% so far this year against the industry’s 1.1% growth.

MMSI’s earnings surpassed estimates in each of the trailing four quarters, the average surprise being 12.92%. In the last reported quarter, it delivered an earnings surprise of 17.44%.

Estimates for West Pharmaceutical’s 2025 earnings per share have increased 1.2% to $6.74 in the past 60 days. Shares of the company have lost 18.2% so far this year against the industry’s 1% growth.

WST’s earnings beat estimates in each of the trailing four quarters, the average surprise being 16.81%. In the last reported quarter, it delivered an earnings surprise of 21.85%.
2025-10-16 18:34 4mo ago
2025-10-16 14:16 4mo ago
TLN Stock's Strategic Acquisitions to Boost Long-Term Prospects stocknewsapi
TLN
Key Takeaways Talen Energy expands capacity to 14 GW with acquisitions of Moxie Freedom and Guernsey plants.New natural gas assets enhance efficiency, diversify revenues and support cleaner power generation.TLN's ROIC of 9.27% beats the industry average and shares surged 158.7% over the past year.
Talen Energy Corporation ((TLN - Free Report) ) continues to expand its operations and increase clean energy generation capabilities through strategic acquisitions. The company’s focus on clean, reliable and flexible power generation positions it favorably in the evolving U.S. energy landscape, where demand is being driven by data centers, electrification and grid reliability needs.

The decision to acquire the Moxie Freedom Energy Center and the Guernsey Power Station significantly expands Talen Energy’s capacity and geographic footprint within key competitive power markets.

Following the acquisitions, Talen Energy’s total generation capacity is expected to rise to 14 gigawatts (“GW”) from its current capacity of 10.7 GW. Both natural gas-fired facilities are strategically located in high-demand regions and equipped with modern and efficient technology, which will support stable cash flows and strengthen the company’s generation portfolio.

The addition of these assets complements Talen Energy’s existing infrastructure and provides valuable operational synergies, including lower maintenance costs and enhanced fuel efficiency. These acquisitions also diversify Talen Energy’s revenue base and bolster the ability to deliver more clean and reliable electricity to its customers.

In the long run, these moves enhance Talen Energy’s transition toward a more sustainable energy mix. With disciplined capital allocation, systematic hedging and an active share repurchase program, Talen Energy is well-positioned to deliver sustained shareholder value and capitalize on the growing demand for dependable, low-carbon electricity solutions.

Acquisitions Support Alternate Energy StocksStrategic acquisitions allow alternative energy companies to increase capacity, broaden their asset base and adopt advanced technologies. Such transactions enhance efficiency, expand market presence and speed up the shift toward renewables, driving stronger growth prospects and long-term value creation for shareholders.

Bloom Energy ((BE - Free Report) ) enhances its clean power portfolio through acquisitions that expand the solid oxide fuel cell technology and manufacturing capabilities. These deals help the company reduce costs, boost efficiency and strengthen its position in the distributed energy market.

Constellation Energy ((CEG - Free Report) ) benefits from acquiring complementary clean energy assets, increasing its generation capacity and advancing leadership in carbon-free electricity production.

TLN Stock Returns Better Than Its IndustryThe return on invested capital (“ROIC”) measures how well a company generates returns on the money it invests. ROIC is a key indicator of a company's profitability and operational efficiency. The ROIC of the company indicates that it is investing money more efficiently than peers in the industry.

Talen Energy’s ROIC has outperformed the industry average in the trailing 12 months. ROIC for TLN was 9.27% compared with the industry average of 1.85%.

Image Source: Zacks Investment Research

TLN Stock Trades at a DiscountTLN is currently trading at a discounted valuation compared with its industry, with the forward 12-month price-to-earnings (P/E) ratio of 22.67X. The industry is currently trading at 25.07X.

Image Source: Zacks Investment Research

Price Performance Shares of Talen Energy have registered an upsurge of 142.2% in the past year compared with the Zacks Alternative Energy - Other industry’s rise of 49.9%.

Image Source: Zacks Investment Research

TLN's Zacks RankTalen Energy currently has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
2025-10-16 18:34 4mo ago
2025-10-16 14:16 4mo ago
Oracle stock rises as company confirms Meta cloud deal stocknewsapi
META ORCL
Oracle shares jumped as much as 5% on Thursday as it indicated that it expects more business in core categories and confirmed a cloud-computing deal with social media company Meta.

The maker of database software sees $20 billion in artificial intelligence-powered database and AI data platform revenue in the 2030 fiscal year, up from $2.4 billion in fiscal 2025 and $3 billion in fiscal 2026.

"You see the change in these numbers that it's a little bit easier for us to find supply, not this year or next year, but in subsequent years," Clay Magouyrk, one of Oracle's two new CEOs, told analysts Thursday at the company's AI World conference in Las Vegas. "So as we're able to find that supply, customers contract for it, we see immense demand, and then we go about delivering that to customers."

Magouyrk said that in 30 days during the current quarter, Oracle contracted $65 billion in new cloud infrastructure commitments.

"It was across seven different contracts from four different customers," Magouyrk said. "None of those customers are OpenAI. I know some people are questioning sometimes, 'Hey, is it just OpenAI? The reality is, we think OpenAI is a great customer, but we have many customers."

Facebook owner Meta is one of the four customers, he said. Bloomberg reported in September that the two companies were discussing a $20 billion deal.

The deal with Meta comes amid a flurry of spending by tech companies to invest in the infrastructure for their AI initiatives. Meta in July said that it expects to spend between $66 billion and $72 billion this year in capital expenditures.

In recent years, Oracle has expanded its cloud infrastructure division that competes with the likes of Amazon and Google. At the same time, Oracle has started offering its database in clouds other than its own.

Oracle secured a commitment from OpenAI in excess of $300 billion in July.

watch now
2025-10-16 18:34 4mo ago
2025-10-16 14:19 4mo ago
CSE Bulletin: Name Change - Algernon Pharmaceuticals Inc. (AGN) stocknewsapi
AGNPF
October 16, 2025 2:19 PM EDT | Source: Canadian Securities Exchange (CSE)
Toronto, Ontario--(Newsfile Corp. - Le 16 octobre/October 2025) - Algernon Pharmaceuticals Inc. has announced a name change to Algernon Health Inc.

Shares will begin trading under the new name and with a new CUSIP number on October 20, 2025.

The symbol will remain the same.

Disclosure documents are available at www.thecse.com.

Please note that all open orders will be cancelled at the end of business on October 17, 2025. Dealers are reminded to re-enter their orders.

_________________________________

Algernon Pharmaceuticals Inc. a annoncé un changement de nom pour Algernon Health Inc.

Les actions commenceront à être négociées sous ce nouveau nom et avec un nouveau numéro CUSIP à compter du 20 octobre 2025.

Le symbole restera le même.

Les documents d'information sont disponibles sur www.thecse.com.

Veuillez noter que tous les ordres ouverts seront annulés à la fin des heures d'ouverture le 17 octobre 2025. Il est rappelé aux courtiers de ressaisir leurs ordres.

Effective Date/ Date Effective : Le 20 OCT 2025 Symbol/ Symbole : AGN New CUSIP/ Nouveau CUSIP : 01559C 10 6 New ISIN/ Nouveau ISIN : CA 01559C 10 6 8 Old/Vieux CUSIP & ISIN : 01559R400/CA01559R4008
2025-10-16 18:34 4mo ago
2025-10-16 14:19 4mo ago
ASML: Riding Jevon's Paradox To The Moon stocknewsapi
ASML
Analyst’s Disclosure:I/we have a beneficial long position in the shares of ASML 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.
2025-10-16 18:34 4mo ago
2025-10-16 14:21 4mo ago
New York Jobs CEO Council Names Accenture Chair and CEO Julie Sweet Chair stocknewsapi
ACN
NEW YORK--(BUSINESS WIRE)--Founded in 2020 by JPMorganChase Chairman and Chief Executive Officer Jamie Dimon, the New York CEO Jobs Council has worked with employers to hire more than 50,000 low-income New Yorkers into living-wage jobs at their companies, including nearly 10,000 recent graduates of the City University of New York (CUNY).

As the organization continues its mission to provide New Yorkers pathways to economic mobility, it makes its first leadership transition naming Accenture Chair and Chief Executive Officer Julie Sweet Chair. Dimon will move into the role of Founding Chair and member of the Executive Committee. IBM Chairman and Chief Executive Officer Arvind Krishna and EY Global Chair and CEO Janet Truncale have also been appointed to the committee as Vice Chair and Audit Chair, respectively.

A coalition of more than 25 of New York’s largest employers, the Jobs Council works with education partners, local government and community organizations to provide on-ramps to economic mobility and ensure that the city’s future workforce is skilled and competitive. The Council is more than halfway to its target of hiring 100,000 low-income New Yorkers into career-ladder jobs across industries including technology, healthcare, finance and professional services.

“As companies reinvent with new technologies and new ways of working, we must also reinvent how we create opportunity—by building pathways that connect education to careers and break down barriers to access,” Sweet said. “The New York Jobs CEO Council has already helped more than 50,000 New Yorkers secure well-paying jobs, and I look forward to serving as Chair and collaborating with our member CEOs to expand that impact.”

“Julie has been an asset to the Jobs Council since the start and is a leading force in the way organizations—and their people—must reinvent as technology evolves. Her deep commitment to skills and workforce development at Accenture will help to drive meaningful impact for the Jobs Council,” Dimon said. “As the Jobs Council continues to expand opportunity and prepare New Yorkers for the jobs of the future, I know Julie will bring the same fervor and discipline she brings to Accenture.”

“Technology is transforming industries and jobs. The Jobs Council is ensuring that transformation benefits all New Yorkers,” Krishna said. “It equips people with the skills and access they need to thrive in the digital economy. I’m proud to support that mission as Vice Chair.”

“The New York Jobs CEO Council is creating pathways to economic mobility by equipping New Yorkers with the skills and opportunities they need to thrive in a changing working world,” Truncale said. “These efforts are critical, and it is a privilege to help shape a future-ready workforce that empowers people, businesses and communities.”

“The Jobs Council is unique because we have engaged leaders—including Julie, Jamie, Arvind and Janet—who are willing to invest their time and resources to redesign the opportunity landscape,” New York Jobs CEO Council Executive Director Kiersten Barnet said. “They’re committed to driving the long-term, systemic change required to ensure that every New Yorker has a pathway to a family-sustaining career.”

About the New York Jobs CEO Council

The New York Jobs CEO Council is a nonprofit membership intermediary that works to scale sustainable, market-driven workforce development solutions that benefit both job seekers and businesses. Led by CEOs of large employers, the Jobs Council is committed to hiring 100,000 under-resourced New Yorkers into in-demand careers, including 25,000 recent graduates from the City University of New York (CUNY). Over four years, Jobs Council employers have hired 52,000 low-income New Yorkers into living-wage jobs at their companies, including nearly 10,000 recent CUNY graduates. Jobs Council activities are rooted in the belief that stronger employment outcomes are required to drive sustainable and inclusive economic growth in New York City. Current member companies include Accenture, AIG, Amazon, American Express, Aon, Bank of America, BlackRock, Bloomberg, Citi, ConEdison, Deloitte, EY, Google, IBM, JPMorganChase, KPMG, Mastercard, Memorial Sloan Kettering Cancer Center, Mount Sinai, NewYork-Presbyterian, Northwell Health, PwC, Ralph Lauren, TD Bank, The Travelers Companies, Inc., Tishman Speyer, and Wells Fargo. We invite interested companies to contact the Jobs Council directly at [email protected].
2025-10-16 18:34 4mo ago
2025-10-16 14:21 4mo ago
Low Duration Bond ETF FLDR Joins $1 Billion AUM ETF Club stocknewsapi
FLDR
The $1 billion AUM threshold is a big one for ETFs, and can indicate a fund has risen into a new tier. That news could arrive at just the right time for the Fidelity Low Duration Bond Factor ETF (FLDR). The strategy could intrigue as rates are about to change, with the fund providing exposure to both floating-rate and fixed-rate debt. That could put FLDR in a stronger position in its own space, poised to outperform.

See more: More Than Dividends: 3 Surprising Stocks in FDVV

FLDR charges a 15 basis point (bps) fee for its approach. The strategy tracks the Fidelity Low Duration Investment Grade Factor Index. That index includes U.S. investment-grade floating-rate notes and U.S. Treasuries maturing in seven to 10 years. Specifically, it looks to maintain a duration of one year or less.

Low Duration Bond ETF FLDR in 2025
That approach has helped the strategy return 6.3% over the last one year period, according to ETF Database data. The low duration bond ETF has added almost $50 million in flows over the last month, as well, speaking to its new milestone in AUM. That represents a significant nearly $400 million increase since the start of 2025, with the fund entering the year at $658 million in AUM.

So, what use case might the fund have moving forward? FLDR can provide some helpful income for curious investors. The low duration bond ETF offered a 4.68% 30-day SEC yield as of September 10. It also offers a 4.87% distribution yield (TTM) as well. That income could prove a big help if portfolio turbulence rises to end 2025 and entering 2026.

FLDR could be a solid option in that short/ultrashort space, thanks to its blended exposure to floating-rate investment grade credit and fixed-rate longer duration Treasuries. For those looking at the category, FLDR has entered a new tier among low duration bond ETF funds that deserves attention.

For more news, information, and strategy, visit the ETF Investing Channel.

Fidelity Investments® is an independent company unaffiliated with VettaFi LLC (“VettaFi”). These articles do not form any kind of legal partnership, agency affiliation, or similar relationship between VettaFi and Fidelity Investments, nor is such a relationship created or implied by the articles herein. VettaFi LLC is the author and owner of these articles.

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2025-10-16 18:34 4mo ago
2025-10-16 14:21 4mo ago
First Horizon Q3 Earnings Top Estimates on Y/Y NII & Fee Income Growth stocknewsapi
FHN
Key Takeaways First Horizon's Q3 adjusted EPS of 51 cents beat estimates and rose from 42 cents a year earlier.
Revenue grew 7.4% year over year to $889 million, driven by gains in NII and non-interest income.Loan and deposit balances slipped slightly, while credit quality showed mixed performance.
First Horizon Corporation’s (FHN - Free Report) third-quarter 2025 adjusted earnings per share (excluding notable items) of 51 cents surpassed the Zacks Consensus Estimate of 45 cents. This compares favorably with 42 cents in the year-ago quarter.

Results benefited from a rise in net interest income (NII) and non-interest income, along with provision benefits. However, a decline in loan and deposit balances acted as a headwind.

Net income available to its common shareholders (GAAP basis) was $254 million, up 19.2% year over year.

FHN’s Revenues & Expenses RiseTotal quarterly revenues were $889 million, which rose 7.4% year over year. Also, the top line surpassed the Zacks Consensus Estimate by 5.1%.

NII increased nearly 7.5% year over year to $674 million. Additionally, the net interest margin increased 24 basis points from the prior-year quarter to 3.55%.

Non-interest income was $215 million, up 7.5% from the year-ago level.

Non-interest expenses increased 7.8% year over year to $551 million. The increase was due to a rise in almost all cost components, except for amortization of intangible assets.

The efficiency ratio was 61.92%, up from the year-ago period’s 61.89%. An increase in the efficiency ratio indicates a deterioration in profitability.

FHN’s Loans & Deposits Balances DecreaseTotal period-end loans and leases, net of unearned income, were $63.05 billion, which decreased slightly from the end of the previous quarter. Total period-end deposits of $65.52 billion also declined moderately.

FHN’s Credit Quality: Mixed BagNon-performing loans and leases of $605 million increased 4.7% from the prior-year period.

As of Sept. 30, 2025, the ratio of total allowance for loans and lease losses to loans and leases was 1.23%, down from 1.32% in the prior-year quarter. The allowance for loan and lease losses of $777 million fell 5.6% from the year-ago period.

First Horizon witnessed net charge-offs of $26 million, which increased 8.3% on a year-over-year basis. Moreover, the company recorded provision benefits of $5 million in the third quarter, against a provision for credit losses of $35 million in the prior-year quarter.

FHN’s Capital Ratios DeteriorateAs of Sept. 30, 2025, the Common Equity Tier 1 ratio was 11%, down from 11.2% reported at the end of the year-ago quarter.

The total capital ratio was 13.8%, down from the year-ago quarter’s 14.2%. The tier 1 leverage ratio was 10.5%, also down from 10.6% in the year-ago quarter.

Our Viewpoint on FHNFirst Horizon benefited from higher NII and non-interest income, as well as provision benefits. However, the slight declines in loan and deposit balances pose some concern.

First Horizon Corporation Price, Consensus and EPS SurpriseEarnings Dates & Expectations of Bank StocksFifth Third Bancorp (FITB - Free Report) is scheduled to release third-quarter 2025 earnings on Oct. 17.

The consensus estimate for FITB’s quarterly earnings has been revised downward to 87 cents per share over the past seven days.

Huntington Bancshares Inc. (HBAN - Free Report) is also slated to report third-quarter 2025 results on Oct. 17.

Over the past seven days, the Zacks Consensus Estimate for HBAN’s quarterly earnings has been unchanged at 38 cents per share.
2025-10-16 18:34 4mo ago
2025-10-16 14:21 4mo ago
Molina Healthcare Set for Q3 Earnings: Revenue Gains, But Profit Pains stocknewsapi
MOH
Key Takeaways Molina Healthcare is set to report Q3 2025 results on Oct. 22, after the closing bell.Q3 EPS is estimated at $3.97, down 33.9% year over year, on revenues of $10.9 billion.Higher costs and lower investment income cloud earnings despite premium growth.
Healthcare plan provider, Molina Healthcare, Inc. (MOH - Free Report) , is set to report third-quarter 2025 results on Oct. 22, 2025, after the closing bell. The Zacks Consensus Estimate for the to-be-reported quarter’s earnings is currently pegged at $3.97 per shareon revenues of $10.9 billion. 

The third-quarter earnings estimate remained stable over the past 60 days. The bottom-line projection indicates a year-over-year decrease of 33.9%. However, the Zacks Consensus Estimate for quarterly revenues suggests year-over-year growth of 5.4%.

Image Source: Zacks Investment Research

For full-year 2025, the Zacks Consensus Estimate for Molina Healthcare’s revenues is pegged at $44.54 billion, implying a rise of 9.6% year over year. However, the consensus mark for 2025 earnings per share is pegged at $18.87, indicating a decline of 16.7% on a year-over-year basis.

Molina Healthcare beat the consensus estimate in two of the last four quarters and missed twice, with the average surprise being negative 2.2%. This is depicted in the figure below.

Q3 Earnings Whispers for MOHOur proven model does not conclusively predict an earnings beat for the company this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold) increases the odds of an earnings beat. That’s not the case here.

MOH has an Earnings ESP of 0.00% and carries a Zacks Rank #4 (Sell). You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

What’s Shaping MOH’s Q3 Results?The Zacks Consensus Estimate for premiums indicates growth of 6.3% year over year in the third quarter, while our model estimate suggests a 5.3% increase. The consensus estimate for the Medicare premiums is $1.5 billion, up 8% year over year.

While Medicaid membership is expected to have decreased 2.8% year over year, MOH’s Medicare membership is projected to witness 6.5% growth. Furthermore, the Zacks Consensus Estimate for the Marketplace membership suggests a 60.8% increase from the year-ago period.

However, the consensus mark for the medical care ratio (MCR) in Marketplace is pegged at 84.67% in the to-be-reported quarter, up from 73% a year ago. The consensus mark for total MCR is pegged at 90.32%, up from 89.20% a year ago.

Along with this, rising costs and lower investment income make an earnings beat uncertain. The Zacks Consensus Estimate for investment income indicates a 15.3% decline year over year. Our model estimate for third-quarter total operating expenses suggests a more than 6% increase from the year-ago period, due to higher medical care costs and G&A expenses.

Stocks That Warrant a LookWhile an earnings beat looks uncertain for Molina Healthcare, here are some companies from the broader Medical space that you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat this time around:

Select Medical Holdings Corporation (SEM - Free Report) has an Earnings ESP of +8.58% and a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for Select Medical’s bottom line for the to-be-reported quarter of 18 cents per share has witnessed one upward revision against no downward movement over the past week. The consensus mark for Select Medical’s revenues is pegged at $1.32 billion.

CVS Health Corporation (CVS - Free Report) has an Earnings ESP of +0.28% and a Zacks Rank of 2.

The Zacks Consensus Estimate for CVS Health’s bottom line for the to-be-reported quarter is pegged at $1.36, signaling 24.8% growth from a year ago. CVS Health’s earnings beat estimates in each of the past four quarters, with an average surprise of 22.6%.

Envista Holdings Corporation (NVST - Free Report) has an Earnings ESP of +4.26% and a Zacks Rank of 3.

The Zacks Consensus Estimate for Envista’s bottom line for the to-be-reported quarter indicates 125% year-over-year growth. Envista’s earnings beat estimates in each of the trailing four quarters, with an average surprise of 16.5%.
2025-10-16 18:34 4mo ago
2025-10-16 14:21 4mo ago
Goldman Sachs Earnings Tell: Markets Seem Okay stocknewsapi
GS
The Goldman Sachs Group Today

GS

The Goldman Sachs Group

$760.39 -7.54 (-0.98%)

As of 02:34 PM Eastern

This is a fair market value price provided by Polygon.io. Learn more.

52-Week Range$439.38▼

$825.25Dividend Yield2.10%

P/E Ratio15.45

Price Target$769.40

Investment banking revenues rose 42% on an annual basis for The Goldman Sachs Group Inc. NYSE: GS, which is only one of the key factors retail investors need to consider now that the financial sector is starting to report its quarterly earnings results.

This matters because banks—and their health—have historically been significant drivers of economic sentiment and, consequently, the behavior of the broader S&P 500.

Goldman Sachs, being primarily an investment banking firm, can be a barometer for the economy’s direction. Their performance tends to shape investor sentiment across the broader S&P 500, and Goldman’s results are particularly telling of corporate strength, even if they don’t fully reflect the consumer cycle.

While commercial banks better represent Main Street, Goldman Sachs' focus on investment banking and wealth management reveals trends in business confidence and high-net-worth investing. These segments provide valuable context for investors trying to forecast where the economy—and market—could head next.

Affluent Investors Keep Wheels Turning
The bank’s quarterly earnings press release indicates wealth management fees increased by 17% compared to last year, reaching over $2.9 billion. This increase is driven by higher asset prices under custody, which is understandable given that the S&P 500 and NASDAQ 100 indexes now trade near all-time high valuations.

A second aspect of this growth is the fees collected, a function of the total assets held. However, this also indicates no decrease in the number of affluent clients choosing Goldman for their management solutions. This willingness to remain in a market which some may call “expensive” shows that there is still a higher risk appetite to hold stocks.

But not just any stock. Large-cap companies typically benefit the most when major banks' wealth management divisions expand significantly. Looking at the SPDR S&P 500 ETF Trust's NYSEARCA: SPY top holdings today, names like NVIDIA Co. NASDAQ: NVDA, Microsoft Corp. NASDAQ: MSFT, and Apple Inc. NASDAQ: AAPL will likely see the benefits of this available capital in terms of price action.

Credit and Liquidity are Healthy, Supporting Higher Market Prices
The Goldman Sachs Group Stock Forecast Today12-Month Stock Price Forecast:
$769.40
-1.45% Downside

Hold
Based on 19 Analyst Ratings

Current Price$780.71High Forecast$855.00Average Forecast$769.40Low Forecast$600.00The Goldman Sachs Group Stock Forecast Details

Apart from the technology sector being a potential focus for these wealth management clients, Goldman also reported a significantly lower credit-loss provision of $339 million, compared to $397 million for the same quarter last year.

The bank did note that these provisions were primarily focused on credit card portfolios, rather than corporate debt.

This means that the average American consumer may be struggling a bit, but that could also represent an opportunity for a rebound now that the Federal Reserve (the Fed) is looking to cut interest rates further during the remainder of 2025, so a look into the Consumer Discretionary Select Sector SPDR Fund NYSEARCA: XLY might be in order.

On the other hand, corporate debt and credit showed no slowing or negative signs, as debt and equity underwriting fees rose to just under $2.7 billion (42% higher than last year). Typically, chief financial officers (CFOs) choose to undertake these underwritings when they feel confident about the future economic prospects of their respective industry and company.

All told, Goldman Sachs reported very healthy earnings per share (EPS) growth, with a $37.75 figure surpassing last year’s $28.98 by 30.3%. Despite all this positive news, the stock is down roughly 4.3% following the results' release.

However, this might not be a company-specific issue but a market-wide theme, as the S&P 500 is also down by nearly one percent on the same morning. The emergence of geopolitical problems between the United States and China may create a potential dip-buying opportunity in financial stocks.

Why buy the dip? Goldman Sachs also increased its stock buyback program by $2 billion this quarter and boosted its dividend payout to $4 per share, which is higher than the $3 paid during the same quarter last year.

Buybacks and dividends, driven by double-digit growth rates across the bank’s business, show strong and steady financials for Goldman Sachs and the companies and clients that support it. These results favor the S&P 500, provided no external factors arise, such as tariffs and further geopolitical issues.

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2025-10-16 18:34 4mo ago
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