Market Signal Briefing

MIRAMAR, Fla., Oct. 16, 2025 (GLOBE NEWSWIRE) -- HCW Biologics Inc. (the “Company”) (NASDAQ: HCWB), a U.S.-based clinical-stage biopharmaceutical company focused on discovering and developing innovative immunotherapies to extend healthspan by targeting the link between chronic inflammation and disease, is pleased to announce its participation in the upcoming 2025 Maxim Growth Summit, taking place from October 22nd to 23rd at The Hard Rock Hotel NYC. This prestigious event brings together industry leaders, innovators, and premier institutions to explore the latest trends and advancements across several industries.

Dr. Hing C. Wong, the Company’s Founder and Chief Executive Officer, will be meeting with institutional investors in a one-on-one format, and senior Maxim analysts during the event.

Keynote speakers include Larry Kudlow (Broadcaster, Fox News) and Christopher Ruddy (CEO, Newsmax Media). The conference will also feature roundtable discussions with CEOs from small and mid-cap companies, moderated by Maxim Research Analysts. Roundtable discussions will cover a range of sectors, including biotechnology, stem cell therapy, ophthalmology, artificial intelligence, energy and mining, drones, and more.

For more information and a complete agenda of the Maxim Growth Summit, please visit www.maximgrp.com/2025-growth-summit.

About HCW Biologics:

HCW Biologics Inc. (NASDAQ: HCWB) is a clinical-stage biopharmaceutical company developing proprietary immunotherapies to treat diseases promoted by chronic inflammation, especially age-related and senescence-associated diseases. The Company’s immunotherapeutics represent a new class of drugs that it believes have the potential to fundamentally change the treatment of cancer and many other diseases and conditions that are promoted by chronic inflammation — and in doing so, improve patients’ quality of life and potentially extend longevity. Chronic inflammation, including inflammaging, is believed to be a significant contributing factor to senescence-associated diseases and conditions that diminish healthspan, including many types of cancer, autoimmune diseases, and neurodegenerative diseases, as well as many indications that impact quality-of-life that are not life-threatening. The Company’s lead product candidate, HCW9302, was developed using the Company’s legacy TOBI™ (Tissue factOr-Based fusIon) platform. The Company has created another drug discovery technology, the TRBC platform, which is not based on Tissue Factor. The TRBC platform has the capability to construct immunotherapeutics that not only activate and target immune responses but are also equipped with receptors that specifically target cancerous or infected cells. This platform is a versatile scaffold that enables the creation of multiple classes of immunotherapeutic compounds: Class I: Multi-Functional Immune Cell Stimulators; Class II: Second-Generation Immune Checkpoint Inhibitors; Class III: Multi-Specific Targeting Fusions and Enhanced Immune Cell Engagers. These novel immunotherapeutics are being developed for treatment of a wide range of disease indications, including oncology, autoimmune diseases, and improving quality of life conditions. The Company has constructed over 50 molecules using the TRBC platform. Further preclinical evaluation studies are currently being conducted for these molecules the Company has selected based on promising preclinical data. The Company has two licensing programs in which it has licensed exclusive rights for some of its proprietary molecules. See the Company Pipeline at https://hcwbiologics.com/pipeline/

About Maxim Group LLC

Maxim Group LLC is a full-service investment banking, securities and wealth management firm headquartered in New York. The independent and employee-owned firm provides a full array of financial services including investment banking; private wealth management; and global institutional equity, fixed-income and derivatives sales & trading, equity research and prime brokerage services. Maxim Group LLC is a registered broker-dealer with the U.S. Securities and Exchange Commission (SEC) and the Municipal Securities Rulemaking Board (MSRB) and is a member of FINRA, SIPC, and NASDAQ. To learn more about Maxim Group LLC, visit maximgrp.com.

Forward Looking Statements:

Statements in this press release contain “forward-looking statements” that are subject to substantial risks and uncertainties. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “expect,” “believe,” “will,” “may,” “should,” “estimate,” “project,” “outlook,” “forecast” or other similar words and include the actual success and potency of the Company’s TRBC platform molecules. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. Factors that could cause actual results to differ include, but are not limited to, the risks and uncertainties that are described in the section titled “Risk Factors” in the annual report on Form 10-K filed with the United States Securities and Exchange Commission (the “SEC”) on March 28, 2025, the latest Form 10-Q filed with the SEC on August 18, 2025 and in other filings filed from time to time with the SEC.

Company Contact:

Rebecca Byam
Chief Financial Officer
HCW Biologics Inc.
[email protected]

Key Takeaways Patterson-UTI Energy will announce Q3 earnings on Oct. 22, with EPS forecasted at a loss of 9 cents.PTEN's operating costs are projected to fall nearly 50%, reflecting its focus on financial discipline.PTEN's consensus estimates for Q3 earnings and revenues have stayed unchanged over the past week.
Patterson-UTI Energy, Inc. (PTEN - Free Report) is set to report third-quarter earnings on Oct. 22. The Zacks Consensus Estimate for earnings is pegged at a loss of 9 cents per share and the same for revenues is pinned at $1.17 billion.

Let us delve into the factors that are likely to have influenced PTEN’s performance in the to-be-reported quarter. Before that, it is worth taking a look at the company’s performance in the last reported quarter.

Highlights of PTEN’s Q2 Earnings & Surprise HistoryPTEN recorded an adjusted net loss of 6 cents per share in second-quarter 2025, missing the Zacks Consensus Estimate of a loss of 4 cents. The year-over-year decline was mainly caused by weak performance in the Drilling Services, Completion Services and Other Services segments. However, Houston, TX-based oil and gas drilling company’s total revenues of $1.2 billion beat the Zacks Consensus Estimate by 0.3%.

PTEN’s earnings missed the consensus estimate in each of the trailing four quarters, delivering an average negative surprise of 17.50%. 

This is depicted in the graph below:   

PTEN Stock’s Trend in Estimate RevisionThe Zacks Consensus Estimate for third-quarter 2025 earnings has not witnessed any movement in the past seven days. The estimated loss of 9 cents per share indicates a decline from the break-even earnings reported in the year-ago period. The Zacks Consensus Estimate for revenues implies a deterioration of 13.56% from the year-ago period.

Factors to Consider Ahead of PTEN’s Q3 ReleasePTEN makes money by helping oil and gas companies find and extract oil and natural gas. The company does this by drilling wells, completing those and providing the tools needed for these processes.

The decrease in PTEN's costs is likely to have improved its bottom line. The company’s operating costs and expenses are predicted to reach $1.2 billion in the third quarter, which is 49.7% down from the year-ago period’s level. This highlights the company’s commitment to optimizing operations and exercising financial prudence amid a tough market landscape.

Its direct operating costs are expected to decrease from $1 billion to $885.2 million in the same time frame. Furthermore, the company’s depreciation, depletion, amortization and impairment costs are anticipated to decrease from $374.7 million to $230.3 million.

On a bearish note, PTEN's revenues are likely to have suffered in the quarter to be reported. The Zacks Consensus Estimate for third-quarter revenues is down from the year-ago quarter’s $1.4 billion. This can be attributed to the poor performance of the Completion Services, Drilling Services, Drilling Products and Other segments.

While revenues are expected to have declined across multiple segments, PTEN’s cost-control measures are likely to have helped cushion the financial impact in the upcoming quarterly results.

What Does Our Model Predict About PTEN?The proven Zacks model does not conclusively predict an earnings beat for Patterson-UTI Energy 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. However, that is not the case here.

PTEN’s Earnings ESP: Earnings ESP, which represents the difference between the Most Accurate Estimate and the Zacks Consensus Estimate, for this company is -15.24%.

You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Zacks Rank of PTEN:  PTEN currently carries a Zacks Rank #3.

Stocks to ConsiderHere are some firms from the energy space that you may want to consider, as these have the right combination of elements to post an earnings beat this season.

Archrock, Inc. (AROC - Free Report) has an Earnings ESP of +7.32% and a Zacks Rank #2 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

Archrock is set to announce its earnings on Oct. 28, following the close of market trading. The company is a leading provider of natural gas compression services to customers in the oil and natural gas industry throughout the United States. Archrock’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, delivering an average surprise of 6.5%. Valued at around $4.25 billion, Archrock’s shares have gained 15.6% in a year.

Antero Midstream (AM - Free Report) is slated to release its earnings on Oct. 29 after the closing bell. The company currently has an Earnings ESP of +2.46% and a Zacks Rank #3.

Antero Midstream is a midstream energy company that provides gathering, compression, processing and water handling services to support natural gas and natural gas liquids production, primarily for Antero Resources in the Appalachian Basin. In the past four quarters, AM’s earnings beat the Zacks Consensus Estimate twice, reported one break-even earnings and missed once, resulting in an average surprise of 1.13%. Valued at around $8.61 billion, AM’s shares have gained 19.7% in a year.

Transocean (RIG - Free Report) has an Earnings ESP of +18.42% and a Zacks Rank #3 at present. It is scheduled to release earnings on Oct. 29.

Transocean is a leading offshore drilling contractor that provides drilling services for oil and gas wells worldwide. The company’s earnings beat the Zacks Consensus Estimate thrice in the trailing four quarters and missed once, delivering an average negative surprise of 195.83%. Valued at around $2.94 billion, Transocean’s shares have lost 17.5% in a year.

Key Takeaways Halliburton is expected to post Q3 earnings of $0.50 per share on $5.4 billion in revenues.North American and Mexican operations remain soft, pressuring the company's revenue outlook.HAL's Zeus IQ automation platform supports efficiency gains and long-term digital growth.
Halliburton Company ((HAL - Free Report) ) is set to release third-quarter results on Oct. 21. The Zacks Consensus Estimate for the to-be-reported quarter is pegged at a profit of 50 cents per share on revenues of $5.4 billion.

Let’s delve into the factors that might have influenced the oilfield service firm’s performance in the September quarter. But it’s worth taking a look at HAL’s previous-quarter performance first.

Highlights of Q2 Earnings & Surprise HistoryIn the last reported quarter, this Houston, TX-based provider of technical products and services to drillers of oil and gas wells met the consensus mark, reflecting softer activity in the North American region, partly offset by international growth. Halliburton reported adjusted net income per share of 55 cents, the same as the Zacks Consensus Estimate. Revenues of $5.5 billion beat the Zacks Consensus Estimate by 1.1%.

HAL matched the Zacks Consensus Estimate thrice in the last four quarters and missed in the other. This is depicted in the graph below:

Halliburton Company Price and EPS Surprise

Halliburton Company price-eps-surprise | Halliburton Company Quote

Trend in Estimate RevisionThe Zacks Consensus Estimate for the third-quarter bottom line has remained unchanged in the past seven days. The estimated figure indicates a 31.5% fall year over year. The Zacks Consensus Estimate for revenues, meanwhile, suggests a 5.3% decrease from the year-ago period.

Factors to ConsiderHalliburton’s North America revenues declined 9% year over year in the second quarter of 2025, marking the eighth straight quarterly drop and highlighting persistent regional weakness. The decrease was mainly due to weak customer activity and softer pricing in pressure pumping. The company noted that North American markets are likely to remain challenging, with limited clarity on customer budgets. Due to this soft operating environment, we expect third-quarter sales from the region to be $2.1 billion, suggesting an 11.2% drop on a year-over-year basis.

Halliburton is also facing some challenges in Mexico, which is slowing down its international growth. In the second quarter of 2025, revenues from Latin America fell by a significant 11% year over year after falling 19% in the previous three-month period. The latest decline was primarily on account of a business slowdown in Mexico. Management admits that conditions in Mexico are still difficult, and they don't expect things to improve anytime soon. Going by our model, the company’s third-quarter Latin America revenues are likely to be $940.4 million, down almost 11% from the year-ago period.

However, as a respite to the company, its pivot to digitalization and integrated services is gaining traction. The company’s growing technological edge, especially in its completions segment, is a key factor supporting its long-term upside. The company’s Zeus IQ platform, an autonomous, closed-loop hydraulic fracturing system, marks a significant step forward in automation and efficiency. By utilizing real-time reservoir feedback to guide fracturing without human intervention, Zeus IQ enhances well productivity and safety. This not only deepens client relationships but also ensures more stable and recurring revenues.

What Does Our Model Say?The proven Zacks model does not conclusively predict an earnings beat for Halliburton for the third quarter. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of a beat. But that’s not the case here.

You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Earnings ESP: Earnings ESP, which represents the difference between the Most Accurate Estimate and the Zacks Consensus Estimate, is -2.61%.

Zacks Rank: HAL currently carries a Zacks Rank #4 (Sell).

Stocks to ConsiderWhile an earnings beat looks uncertain for Halliburton, here are some firms from the energy space that you may want to consider on the basis of our model:

Core Laboratories ((CLB - Free Report) ) has an Earnings ESP of +5.26% and a Zacks Rank #3. The firm is scheduled to release earnings on Oct. 22.

Core Laboratories has a market capitalization of $536 million. Carrying a Value Score of B, Core Laboratories has lost 36.5% in a year.

Transocean Ltd. ((RIG - Free Report) ) has an Earnings ESP of +18.42% and a Zacks Rank #3. The firm is scheduled to release earnings on Oct. 29.

The Zacks Consensus Estimate for Transocean’s 2025 earnings per share indicates 107.7% year-over-year growth. Valued at nearly $3 billion, Transocean has lost 22.3% in a year.

HF Sinclair Corporation ((DINO - Free Report) ) has an Earnings ESP of +21.03% and a Zacks Rank #1. The firm is scheduled to release earnings on Oct. 30.

You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for HF Sinclair’s 2025 earnings per share indicates 261.4% year-over-year growth. Valued at $9.8 billion, HF Sinclair has gained 17.3% in a year.

HomeIndustriesAutomobilesThe Chinese electric-vehicle maker was sued by Singapore’s sovereign wealth fund over claims it juiced its numbersPublished: Oct. 16, 2025 at 9:26 a.m. ET

Shares of Chinese electric-vehicle company Nio Inc. are falling Thursday after a lawsuit from Singapore’s sovereign wealth fund revived years-old allegations of fraud.

The wealth fund, GIC Private Limited, filed a lawsuit in the Southern District of New York in late August naming the carmaker, as well as its Chief Executive William Li and former Chief Financial Officer Steven Feng, as defendants. The allegations center on Nio’s NIO relationship with the “superficially independent” battery-asset company Weineng, which was controlled by Nio.

About the Author

William Gavin is a tech reporter for MarketWatch. He is based in New York.

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Retailer shares America's favorite candies ahead of Halloween CINCINNATI , Oct. 16, 2025 /PRNewswire/ -- The Kroger Co. (NYSE: KR) today shared a ghostly guide to become the ultimate Halloween host and claim the "best house on the block" title this scary season. For a holiday that is all treats and no tricks, follow the retailers top five list to creep it real on beggar's night.

AI-enabled provider operations amassed 73% of Healthtech mega-deals in 2025

, /PRNewswire/ -- With increased adoption of AI-enabled solutions, provider operations is attracting more venture capital (VC) investment than any other Healthtech sector in 2025, according to the latest report from Silicon Valley Bank (SVB), a division of First Citizens Bank. Accounting for 44% of overall Healthtech investment, provider operations – activities that support the delivery of healthcare, such as scheduling, documentation, and billing – is boosting the Healthtech sector to account for its highest investment levels since 2022. To date, $5.5B has been invested in healthcare provider operations and with a full year projection of $8.25B, the sub-sector is on pace to surpass its 2021 record of $7.8B. 

"Healthtech has undergone a dramatic shift as AI adoption has significantly boosted investment in provider operations," said Jennifer Friel Goldstein, Head of Relationship Management for Technology & Healthcare Banking at Silicon Valley Bank. "The sector has traditionally been focused on clinical care but there is a new focus on front and back-office tools as AI helps to streamline these operations. Some of the biggest opportunities for AI in healthcare are to solve business problems, not medical care problems. Companies are leveraging AI solutions to improve inefficiencies that allow for more critical matters, like patient care, to be prioritized."

According to the data, alternative care accounted for 42% of Healthtech investment dollars in 2021 compared to just 9% today. Meanwhile, provider operations, which accounted for 19% of investment four years ago, is now accounting for almost half.

The 6th edition of SVB's Future of Healthtech Report provides a detailed analysis of the Healthtech market, including investment trends, sector evolution, and the growing importance of AI in reshaping healthcare.

Numbers to Know:

$5.5B was invested in activities that support the delivery of healthcare such as scheduling, documentation, and billing
~42% boost in seed-stage AI valuations since 2021
32 M&A deals in provider operations in 2025
52% of the deals in 2025 have been in AI
$18.5B is expected to be the total investment in Healthtech by year-end

Additional key findings from the Future of Healthtech 2025 report include:

Generalist investors such as Andreessen Horowitz, General Catalyst, and GV have added a significant valuation premium of 22% to mega-deals, which represent 38% of total Healthtech investment this year
Of the nearly $1.5B already invested in 2025, 40% went to just a single company, Abridge
Physicians trust AI most for work efficiency (75%) and trust it least for patient privacy (15%)
Consolidation through M&A has become the most realistic exit strategy, with 2025 on pace to see record highs of 13 Healthtech PE exits

Goldstein, along with other leaders from the SVB Life Science and Healthcare team, will be sharing the report at the upcoming 2025 HLTH conference from October 19-22. SVB's Raysa Bousleiman, Vice President for Venture Capital Relationship Management in Life Sciences and Healthcare, will also be on a panel at HLTH discussing The Trillion Dollar Blind-Spot.

Learn More
To read the complete Future of Healthtech 2025 report, click here: Future of Healthtech 2025 Report: Key VC Investment Drivers

A leader in providing market insights about the innovation economy, SVB has produced 16 new market reports to-date in 2025. For the complete library of SVB's signature reports, please visit Market Research Industry Trends & Insights | Silicon Valley Bank (svb.com)

About Silicon Valley Bank
Silicon Valley Bank (SVB), a division of First Citizens Bank, is the bank of some of the world's most innovative companies and investors. SVB provides commercial banking to companies in the technology, life science and healthcare, private equity and venture capital industries. SVB operates in centers of innovation throughout the United States, serving the unique needs of its dynamic clients with deep sector expertise, insights and connections. SVB's parent company, First Citizens BancShares, Inc. (NASDAQ: FCNCA ), is a top 20 U.S. financial institution with more than $200 billion in assets. First Citizens Bank, Member FDIC. Learn more at svb.com

SOURCE Silicon Valley Bank

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, /PRNewswire/ -- Today, Mopar offers an early look at a second new concept for the 2025 SEMA (Specialty Equipment Market Association) Show in Las Vegas, Nov. 4-7. Mopar has prepared a wide and wild array of customized vehicles and hundreds of quality-tested, factory-backed performance parts and accessories for its display area in the South Hall of the Las Vegas Convention Center.

Mopar
Mopar is the global name for Stellantis genuine parts and authentic accessories.

Today, Mopar offers an early look at a second new concept for the 2025 SEMA (Specialty Equipment Market Association) Show in Las Vegas, Nov. 4-7. Mopar has prepared a wide and wild array of customized vehicles and hundreds of quality-tested, factory-backed performance parts and accessories for its display area in the South Hall of the Las Vegas Convention Center.

A simple combination of the words MOtor and PARts, Mopar offers exceptional service, parts and customer-care. Born in 1937 as the name of a line of antifreeze products, Mopar has evolved over more than 88 years to represent both complete vehicle care and authentic performance for owners and enthusiasts worldwide.

Mopar made its mark in the 1960s during the muscle-car era with performance parts to enhance speed and handling for both on-road and racing use. Later, Mopar  expanded to include technical service and customer support, and today integrates service, parts and customer-care operations in order to enhance customer and dealer support worldwide.

Complete information on Mopar is available at www.mopar.com and the Mopar blog at blog.mopar.com. For more information regarding Stellantis (NYSE: STLA), please visit www.stellantis.com.

Follow Mopar and company news and video on:
Company blog: blog.stellantisnorthamerica.com
Media website: media.stellantisnorthamerica.com
Mopar brand: www.mopar.com/
Mopar blog: blog.mopar.com/ 
Facebook: www.facebook.com/mopar
Instagram: www.instagram.com/officialmopar
Twitter: twitter.com/OfficialMOPAR
YouTube: www.youtube.com/c/mopar or www.youtube.com/StellantisNA

SOURCE Stellantis

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Ottawa, Oct. 16, 2025 (GLOBE NEWSWIRE) -- The global food waste management market size stood at USD 77.63 billion in 2024 with a forecasted growth trajectory from USD 81.78 billion in 2025 to USD 132.17 billion by 2034, according to a report published by Towards FnB, a sister firm of Precedence Research.

The market has experienced significant growth in recent years, driven by increasing awareness of sustainability, government initiatives, and the adoption of advanced technologies for waste reduction and management. These factors ultimately lead to a healthier environment.

Note: This report is readily available for immediate delivery. We can review it with you in a meeting to ensure data reliability and quality for decision-making.

Access the Full Study Instantly | Download Sample Pages of the Report Now@ https://www.towardsfnb.com/download-sample/5873

Key Highlights of the Food Waste Management Market

By region, North America led the food waste management market with largest share of 35% in 2024, whereas the Asia Pacific is expected to grow in the foreseeable period.By solution type, the collection and logistics segment captured the maximum share of 28% in 2024, whereas the software and analytics segment is expected to grow in the forecast period.By end user, the municipalities and government programs segment dominated the market with biggest share of 40% in 2024, whereas the foodservice and catering segment is expected to grow in the expected timeframe.By technology method, the aerobic composting segment led the market with largest share of 30% in 2024, whereas the on-site systems segment is expected to grow in the foreseeable period.By business model, the municipal contracted services and tipping fees segment led the food waste management market in 2024, whereas the software as a service and analytics segment is expected to grow in the foreseeable period.
Improving Technology, helping the Growth of the Food Waste Management Market

The food waste management market is growing due to increased environmental awareness, strict government regulations, and advancing technology to convert waste into useful resources. Strict and mandatory government regulations help a region to maintain cleanliness and lower waste. Also, it allows consumers to manage and reduce food waste accordingly.

The food waste management market involves the collection, diversion, processing, and redistribution of food instead of throwing it away. The market also focuses on factors such as front-of-the-supply-chain prevention, onsite reduction solutions, collection and logistics, biological processing, rendering, thermal conversion, and enabling software and services. The market also involves contributions from municipal programs, retail and food service solutions, and value chain recovery.

New Trends of Food Waste Management Market

Technological innovations such as smart bins, AI-powered sorting systems, and IoT sensors, which are helpful for real-time monitoring, are one of the major factors for the growth of the food waste management market.High importance on converting waste into useful resources such as animal feed, energy, and compost is another major factor for the growth of the market.Strict government policies to reduce waste and convert it into useful resources are one of the major sources of growth of the food waste management market.Collaboration of NGOs, businesses, and government initiatives to redirect surplus food to the needy instead of discarding it is a noble and essential method of food recycling, rather than turning it into waste. Recent Developments in Food Waste Management Market

In September 2025, Ikea and waste management company Vanguard Renewables announced their partnership on a pilot program of converting food waste into clean resources such as natural gas and low-carbon fertilizer for agricultural use. (Source- https://www.esgdive.com)In April 2025, in India, the Bihar government announced the launch of the ‘Integrated Solid Waste Management’ project in Patna on a public-private partnership mode for processing and disposal of garbage at a landfill. (Source- https://timesofindia.indiatimes.com) Government Policies of Different Countries for Food Waste Management

India- the country has rules such as the Solid Waste Management Rules, 2016, and schemes such as GOBAR-Dhan to convert organic waste into energy and compost.France and Italy have made it mandatory for supermarkets to donate surplus food rather than waste it, and they receive tax deductions as a benefit to motivate the policy.Australia invests in food rescue organizations as part of its national strategy and is also the first country to commit to halving food waste by 2030.Norway - the country has signed an agreement with the food industry to halve food waste.United Nations - the Sustainable Development Goal (SDG) 12.3 aims to halve per capita global food waste by 2030.
View Full Market Intelligence@ https://www.towardsfnb.com/insights/food-waste-management-market

Trade Analysis of the Food Waste Management Market: Import & Export Statistics

The food-waste management market has expanded rapidly as governments, municipalities, and large food companies invest in collection, treatment, and circular-economy solutions (composting, anaerobic digestion/biogas, depackaging, in-vessel composters, food-waste disposers, and software/platforms). 

Top Exporters (who supply the world with food-waste management technologies & services)

Germany & Netherlands

European suppliers, led by specialist engineering firms in Germany and the Netherlands, export in-vessel composters, depackaging systems, and turnkey anaerobic digestion (AD) plants to municipal and industrial customers worldwide; Europe’s circular-economy focus and strong engineering base make these countries top technology exporters. 
United States

U.S. firms are major exporters of commercial/industrial food-waste disposers, waste-to-energy engineering services, and SaaS platforms for waste tracking and supply-chain redistribution (food-rescue logistics). North American technology and service providers also export project development capabilities for AD and composting. 
China & Southeast Asia 

China and regional OEMs supply low-to-mid-cost food-waste shredders, in-sink disposers, and packaged composting units at scale for emerging markets and export to neighboring countries, while Southeast Asian countries also export bulk depackaging and pre-treatment equipment. 
Denmark / UK / France

Denmark, the UK, and France are notable exporters of high-efficiency AD/biogas equipment, process control systems, and farm-scale digesters, benefiting from strong domestic deployment and turnkey export projects into Europe and non-EU markets. 
Top Importers/Demand Hubs

North America (U.S. & Canada) — Strong municipal and corporate demand for organics diversion programs, commercial composting, and on-site food-waste processing for large hotels, universities, and healthcare facilities.European Union — aggressive landfill diversion and circular-economy policies have driven AD, depackaging, and advanced composting imports across EU member states; the EU remains a major buyer of specialized processing lines and consultancy services. In East Asia & Southeast Asia, rapid urbanization and rising municipal budgets for waste infrastructure are increasing imports of compact digesters, commercial composters, and depackaging lines. Middle East & Latin America — growing interest in waste-to-energy projects and industrial composting, often financed via public-private partnerships and imported turnkey solutions.  Impact of AI in the Food Waste Management Market

Artificial intelligence (AI) is revolutionizing the food waste management market by enhancing prevention, optimization, and sustainability across the food supply chain. One of the biggest challenges in this sector is accurately predicting and managing surplus food. AI is addressing this by using predictive analytics to forecast demand, monitor inventory, and minimize overproduction. By analyzing historical sales, weather patterns, and consumption data, AI enables manufacturers, retailers, and food service providers to align production with actual demand, significantly reducing waste at the source.

In food processing and storage, AI-powered sensors and computer vision systems detect spoilage, contamination, and expiration risks in real time, ensuring that unsafe food is identified early and diverted to appropriate waste streams or recycling processes. AI is also driving innovation in food redistribution, connecting surplus food from producers or restaurants to charities through intelligent matching platforms. In waste treatment, machine learning models optimize composting, anaerobic digestion, and energy recovery processes, improving efficiency and yield.

Access the Full Study Instantly | Download Sample Pages of the Report Now@ https://www.towardsfnb.com/download-sample/5873

Top Products in the Food Waste Management Market 

Solution / Product TypePrimary Function / Role in Food Waste ManagementTypical Use Cases / ExamplesAnaerobic Digestion & Biogas SystemsDigest organic waste in oxygen-free environment to produce methane (biogas) + digestate (fertilizer)Industrial food processors, municipal organics, farms converting waste to energyComposting / Aerobic Treatment SystemsBreak down organic waste using oxygen and microbes to produce compost / soil amendmentsFood service waste, institutional kitchens, community composting facilitiesWaste Sorting & Preprocessing EquipmentSeparate, de-package, screen contaminants before downstream processingOptical sorters, shredders, de-packagers, conveyorsSmart Sensors & Monitoring / Analytics SoftwareMeasure, monitor, and analyze waste streams, detect spoilage or inefficienciesIoT sensors in bins, AI/ML tools tracking kitchen waste, dashboards for waste reductionThermal / Incineration / Pyrolysis Conversion SystemsConvert waste (especially non-compostable fractions) via heat to energy, syngas, or biocharMixed waste streams, non-recyclable organics, residualsValue-Added Conversion ProductsTransform processed waste into marketable productsAnimal feed, biofertilizer, insect protein, bioplastics, specialty chemicalsWaste Rescue / Redistribution PlatformsDigital platforms to redistribute unsold/edible food to minimize wasteApps / marketplaces for surplus food (restaurants, groceries)Compact / Kitchen-Scale SolutionsSmall systems usable at the source (restaurants / hotels / homes) to reduce volume or process food scrapsElectric food digesters, countertop composters, in-kitchen grindersDehydration / Drying & Pulverization EquipmentReduce moisture to shrink volume and stabilize organic wasteDryers, pulverizers, fluid bed dryers, vacuum dryingReverse Vending & Bottle / Packaging Return SystemsCollect and incentivize return of food/packaging containers to reduce waste burdenReverse vending machines, deposit-return systems
Food Waste Management Market Dynamics

What Are the Growth Drivers of Food Waste Management Market?

Growing environmental awareness is a major factor in the growth of the food waste management market. The food waste management helps to lower the negative impact on the environment, such as greenhouse gas emissions and resource depletion. Stringent government policies compel food and beverage industries to invest in food waste management machines to convert waste into resources, further fueling the growth of the food waste management market. The circular economy is another major factor aiding waste conversion into useful resources and transforming waste into innovative creations.  

Challenges

What are the Restrictions Observed by the Food Waste Management Market?

A few restrictions obstruct the growth of the food waste management market. High capital costs, infrastructure gaps, ineffective processing, financial issues, government-mandatory policies, and other similar issues are some of the major problems observed in the growth of the market. The high capital investment required to adopt technological machinery for converting waste into useful resources is one of the major issues faced by the market.

Opportunity

How Does Food Waste Conversion Into Renewable Sources Pose a Strong Opportunity for the Market?

Converting food waste into renewable resources like biogas and other forms of renewable energy is a major growth factor in the food waste management market. It helps to lower the volume of waste and create a renewable source of energy without any carbon footprint. Hence, it is a healthy activity for the environment and an ideal step for improved sustainability. The aerobic digestion procedure uses bacteria in an oxygen-free environment to break down organic matter into gas, which is useful for generating electricity and further fueling the growth of the food waste management market.

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Food Waste Management Market - Value Chain Analysis

1. Waste Collection & Segregation

The process begins with food waste generation at farms, processors, retailers, HoReCa, and households. Companies specializing in waste logistics and segregation systems collect organic residues, expired products, and by-products. Key value drivers include source separation efficiency, traceability systems (IoT bins, sensors), and regulatory compliance with waste disposal norms. Upstream value is captured by firms offering smart collection infrastructure and integrated waste-tracking services that reduce landfill dependency.

2. Processing & Conversion

This is the core value-creation stage, transforming organic waste into animal feed, compost, biogas, biofertilizers, or bio-based chemicals. Advanced technologies, such as anaerobic digestion, pyrolysis, enzymatic treatment, and fermentation, enhance yield and minimize emissions. High capital investment and operational expertise in waste valorization determine competitiveness. Value capture is highest among companies integrating closed-loop models that recover energy or nutrients from waste streams while meeting sustainability targets (e.g., carbon credits).

3. Distribution & Resource Recovery

Processed outputs are distributed to energy utilities, agriculture, packaging, and chemical industries as renewable inputs or secondary raw materials. Success depends on market linkage creation, product certification (organic, renewable), and compliance with environmental standards. Partnerships with municipalities, food manufacturers, and energy firms strengthen revenue stability. This stage captures value by monetizing recovered resources, offering circular-economy solutions, and helping clients meet ESG goals and waste-diversion mandates.

Food Waste Management Market Regional Analysis

North America Dominated the Food Waste Management Market in 2024

North America led the food waste management market in 2024, mainly due to factors such as food spoilage, excess production, insufficient cold-chain infrastructure, strict food-grading criteria, uniform date labeling practices, and fluctuating consumer demand. The US and Canada play a major role in the growth of the market in the region, as these countries have several programs to handle food waste effectively and convert it into useful resources. The region also follows sustainable technologies such as anaerobic digestion for the conversion of waste into energy, further fueling the growth of the market.

Asia Pacific Is Observed to Be the Fastest Growing Region in the Foreseen Period

Asia Pacific is observed to be the fastest-growing region in the foreseen period due to government initiatives and schemes that help manage food waste and convert it into useful resources. Urbanization, rising population, growing awareness of environmental protection, and strict government regulations also help to fuel the growth of the market. The food and beverage sector of the Asia Pacific is massive, leading to significant food waste and challenges in waste management. Hence, sustainable initiatives to convert food waste into sustainable energy resources in the Asia Pacific are fueling the growth of the food waste management market.

Food Waste Management Market Report Scope

Report AttributeKey StatisticsBase Year2024Forecast Period2025 to 2034Growth Rate from 2025 to 2034CAGR of 5.44%Market Size in 2025USD 81.78 BillionMarket Size in 2026USD 86.18 BillionMarket Size by 2034USD 132.17 BillionDominated RegionNorth AmericaFastest Growing RegionAsia PacificRegions CoveredNorth America, Europe, Asia-Pacific, Latin America and Middle East & Africa
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Food Waste Management Market Segmental Analysis

Solution Analysis

The collection and logistics segment dominated the food waste management market in 2024, representing the initial collection of waste before any treatment or management procedures. The segment also focuses on government support and initiatives to lower waste and ensure its proper disposal for ideal collection. Collection and logistics also play a vital role in the growth of the market by facilitating the easy collection of waste from homes, eateries, and food production plants, helping them discard the waste properly and utilize it for resourceful purposes.

The software and analytics segment is expected to grow in the foreseen period as technological advancements offer multiple benefits for food waste management, including data-driven operations, enhanced efficiency, reduced expenses, and smoother food supply chains. With the help of AI, IoT, and data analytics, businesses can track food waste, manage inventory, organize the collection methods, and aid in waste reduction and its efficient management, further fueling the growth of the food waste management market. Technological advancements also help to forecast waste production, increase traceability, and enhance the effectiveness of the waste management program.  

End User Analysis

The municipalities and government programs segment led the food waste management market in 2024 due to its essential role in collecting and managing food waste efficiently. Governments globally have made various rules and regulations to manage and reduce food waste. Rules such as ceasing disposal of organic waste in landfills and mandatory composting and recycling of waste have helped the growth of the market. Governments also support public and private partnerships for efficient waste collection and management, further fueling the growth of the market.

The foodservice/restaurants and catering segment is expected to grow in the foreseeable period, as these sectors face significant food waste at each operational step. Hence, to manage food waste efficiently and sustainably places immense pressure on these sectors. Hence, they try to follow certain steps and schemes to manage the huge amount of food waste efficiently.

Technology Analysis

The aerobic composing segment led the food waste management market in 2024 due to its affordability, ecological advantages, and its capability to turn waste into nutrient-dense compost. The procedure involves turning organic waste into nutrient-dense compost, while landfills help manage waste sustainably and maintain climatic conditions. The procedure is environment-friendly and hence is also essential for lowering greenhouse gas emissions. It helps in creating compost rich in potassium, phosphorus, and nitrogen.

The on-site system segment is expected to grow in the foreseen period due to its affordability, logistical support, and high sustainability objectives, all of which contribute to the growth of the food waste management market. An on-site processing unit helps businesses save money by reducing waste collection frequency, lowering additional costs, eliminating landfill disposal expenses, and generating useful byproducts such as compost, biofuel, and biogas, which support market growth and promote sustainability.

Business Model Analysis

The municipal contracted services and tipping fees segment led the food waste management market in 2024 due to its substantial volume, developed infrastructure, and financial framework required for easy waste collection. Local contracts provide a reliable source of income through disposal fees to contractors. The segment focuses on the fixed source of income for contractors, further fueling the growth of the market.

The software as a service and analytics segment is expected to grow in the foreseeable period as it focuses on essential industry challenges, scalable, and data-informed solutions. The segment also helps to lower the additional management and operational costs compared to manual procedures, further fueling the growth of the market. The SaaS model offers significant scalability for multi-location companies ranging from small restaurant chains to global entrepreneurs.

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Additional Topics Worth Exploring:

Tea Market: The global tea market size is projected to expand from USD 30.25 billion in 2025 to USD 54.68 billion by 2034, growing at a CAGR of 6.8% during the forecast period from 2025 to 2034Beverage Packaging Market: The global beverage packaging market size is projected to reach USD 271.80 billion by 2034, growing from USD 173.71 billion in 2025, at a CAGR of 5.1% during the forecast period from 2025 to 2034.Gluten Free Food Market: The global gluten free food market size increasing from USD 14.25 billion in 2025 and is expected to surpass USD 33.59 billion by 2034, with a projected CAGR of 10% during the forecast period from 2025 to 2034.Canned Wines Market: The global canned wines market size is expected to increase from USD 127.88 million in 2025 to USD 332.46 million by 2034, growing at a CAGR of 11.2% throughout the forecast period from 2025 to 2034.Plant-Based Protein Market: The global plant-based protein market size is projected to expand from USD 20.33 billion in 2025 and is expected to reach USD 43.07 billion by 2034, growing at a CAGR of 8.7% during the forecast period from 2025 to 2034.Bakery Product Market: The global bakery product market size is rising from USD 507.46 billion in 2025 to USD 821.62 billion by 2034. This projected expansion reflects a CAGR of 5.5% during the forecast period from 2025 to 2034.Personalized Nutrition Market: The global personalized nutrition market size is forecasted to expand from USD 17.92 billion in 2025 to USD 61.56 billion by 2034, growing at a CAGR of 14.7% during the forecast period from 2025 to 2034.Coconut Products Market: The global coconut products market size is expected to climb from USD 14.18 billion in 2025 to approximately USD 33.71 billion by 2034, growing at a CAGR of 10.1% during the forecast from 2025 to 2034.Pet Food Market: The global pet food market size is expected to increase from USD 113.02 billion in 2025 to USD 167.97 billion by 2034, growing at a CAGR of 4.5% throughout the estimated timeframe from 2025 to 2034.Fresh Produce Market: The global fresh produce market size is projected to grow from USD 3,707 billion in 2025 to approximately USD 5,653 billion by 2034. This anticipated growth represents a CAGR of 4.80% during the forecast period from 2025 to 2034. Top Companies in the Food Waste Management Market

Darling Ingredients: Converts food waste and animal by-products into bio-ingredients, renewable energy, and feed additives, leading in circular bioeconomy applications.Anaergia: Specializes in anaerobic digestion and biogas recovery systems, transforming organic waste into renewable energy and fertilizer.Covanta: Operates waste-to-energy facilities that convert municipal and food waste into electricity and steam, reducing landfill dependence and greenhouse gas emissions.Novamont: Develops compostable materials and supports compost valorization systems, integrating bioplastics innovation with food waste composting infrastructure.Enerkem: Focuses on thermal recycling and advanced biofuel production by converting non-recyclable waste into synthetic fuels and chemicals.BioHiTech Global: Provides on-site food waste processing and data analytics solutions through aerobic digesters and cloud-based monitoring systems.Winnow Solutions: Offers AI-powered analytics tools to help commercial kitchens measure, track, and reduce food waste through real-time insights.Leanpath: Designs automated systems and smart scales that help hospitality and foodservice operators identify and prevent food waste at the source.Spoiler Alert: A B2B software platform that helps food manufacturers and distributors resell or donate surplus inventory to reduce financial and environmental losses.Feeding America: The largest U.S. hunger-relief and food redistribution network, rescuing and redistributing surplus food to millions through local partnerships.FareShare: A leading UK-based charity network that collects surplus food from suppliers and redistributes it to community organizations and charities.Olio: A mobile food-sharing app that connects households and local businesses to share surplus food, promoting community-level waste reduction.Karma: A consumer-facing food rescue marketplace enabling restaurants and retailers to sell surplus food directly to customers at discounted prices.AgriProtein: Pioneers insect-based bioconversion, using black soldier fly larvae to transform food waste into high-protein animal feed and organic fertilizer.Local/Regional Composters & Organics CDMOs: Comprise numerous specialized facilities handling composting, anaerobic digestion, and soil amendment production at municipal and regional levels.Specialist Equipment Suppliers: Provide industrial composters, biodigesters, and dewatering systems for efficient on-site food waste management across commercial and institutional sectors. Segments Covered in the Report

By Solution Type / Service Offering 

Collection & Logistics (Municipal & Commercial hauling)curbside organics pickup, route optimisation, transfer stations Composting (Aerobic; municipal & commercial)in-vessel, windrow, community composting Anaerobic Digestion (AD) & Biogas (energy recovery) wet AD for food waste, co-digestion with biosolids Food Rescue & Redistribution (prevention / donation)food banks, marketplace apps, corporate rescue programs Rendering & Animal Feed ConversionThermal Processing / Pyrolysis / Waste-to-Energy Software, Analytics & IoT (waste tracking, prevention)Consulting, Lab & Value-added Services (e.g., carbon crediting, certification) By End User/Generator 

Municipalities & Government ProgramsFood Retail & Supermarkets Foodservice / Restaurants & CateringFood & Beverage Manufacturing / ProcessorsAgriculture & Farms (on-farm waste) Other (events, institutions) By Technology/Processing Method 

Aerobic Compostinglarge municipal windrow & in-vessel systems plus commercial composters Anaerobic Digestion / BiogasThermal Conversion (incineration, pyrolysis, gasification)Rendering / High-temperature processing for feed/ingredients Mechanical-Biological Treatment / Pre-treatmentIn-situ / On-site systems (e.g., in-kitchen biodigesters) Other / Emerging (black soldier fly / insect bioconversion) By Business Model/Revenue Stream

Municipal contracted services & tipping feesEnergy & biogas sales (AD) & renewable creditsCompost / soil amendment sales & circular productsFood rescue / donation cost savings & tax incentives Software-as-a-Service & analyticsConsulting & certification services  By Region

North America

U.S.Canada Asia Pacific

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Europe

GermanyUKFranceItalySpainSwedenDenmarkNorway Latin America

BrazilMexicoArgentina
Middle East and Africa (MEA)

South AfricaUAESaudi ArabiaKuwait Thank you for exploring our insights. For more targeted information, customized chapter-wise sections and region-specific editions such as North America, Europe, or Asia Pacific—are also available upon request.

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From XRP price views to the latest Ripple partnerships - here's the latest.

Despite the overall market uncertainty in the past week or so, the Brad Garlinghouse-spearheaded company made the headlines with a few big partnerships.

Ripple’s New Endeavors
As CryptoPotato reported earlier this week, Ripple has tapped Immunefi to boost institutional adoption of its XRP Ledger network. The strategic collaboration between the two aims to enhance the security of the XRPL Lending Protocol, which is categorized as a major step in Ripple’s enterprise-focused blockchain strategy. It offers pooled lending and underwritten credit natively on the network, and it’s designed to automate the full loan lifecycle, from issuance to repayments.

The company also expanded its African reach by partnering with South Africa’s Absa Bank, allowing the latter to integrate Ripple’s custody technology for managing tokenized assets, including cryptocurrencies.

The benefits for the two parties are as follows: the bank will utilize Ripple’s institutional-grade technology, while the US-based company will advance its mission to integrate digital assets into mainstream financial operations across the continent. This follows a previous collaboration that enabled Ripple to deploy its native stablecoin in some African regions.

Last month, we announced RLUSD live on the African continent…and today so is Ripple Custody through our partnership with Absa Bank, one of South Africa’s leading financial institutions! https://t.co/0ZcrGWlZNT

— Monica Long (@MonicaLongSF) October 15, 2025

ETF Developments
Following the closure of the legal case against the US SEC, the XRP Army has been solely focused on the ETF front. Current data from Polymarket shows that the chances for approvals of spot XRP ETFs by the end of the year are close to 100%. However, the US regulator is yet to grant a single green light, and this is unlikely to occur anytime soon due to the ongoing shutdown of the Federal government.

In the meantime, Volatility Shares has used the opportunity to file for new types of ETFs. As reported yesterday, the company has submitted numerous applications to launch leveraged ETFs tracking the performance of several assets, including XRP.

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Ripple Expands African Footprint Through Strategic Partnership with Absa Bank

XRP Price Plunged 20% Amid Significant Whale Inflows to Binance

Ripple (XRP) Gains 160% After $20B Liquidation Shocker – What Lies Ahead?

Following the calamity that occurred last Friday, largely due to excessive leverage by traders, Scott Melker (better known as The Wolf Of All Streets) described these products as the “worst idea ever.”

XRP Price Update and Alert
Speaking of the market-wide crash that took place less than a week ago, it’s worth noting XRP’s performance during and since then. The asset plunged massively and tapped a multi-year bottom at below $1 (on some exchanges). Although it bounced off alongside the rest of the market immediately, it has failed to stage a notable recovery above $2.50.

It struggles below that level as of press time, while whales’ behaviour could hint at another price drop in the future. These large market participants disposed of more than 2.2 billion tokens in just a few days during and after the meltdown.

Analysts are split when trying to determine XRP’s next move. According to ERGAG CRYPTO, citing the asset’s wedge pattern, a significant move is expected, with an upswing at 57% and a breakdown at 43%.

Fed cut bets hit 96.7% — Bitcoin price prediction hints at renewed upside momentum and institutional buying power.

Bitcoin options market shows a significant rise in trading volume betting on a price decline.Greeks.live reports over $1.15 billion has moved into speculative OTM put options.On-chain data confirms speculative leverage, not organic demand, is driving price movements.Recent data from the Bitcoin options market indicates a significant increase in trading volume betting on a price decline over the past 24 hours.

Greeks.live, a crypto options analytics firm, noted a significant trend. A post on X on Thursday showed that more than $1.15 billion has poured into out-of-the-money (OTM) put options.

Key Data Points to a Growing Bearish SentimentThe firm explained that bearish bets have noticeably increased over the last 24 hours, with 28% of total options volume flowing into OTM put options. OTM put options are highly speculative positions that benefit from a substantial future drop in asset price.

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BTC Option Flow-2025/10/16. Source: Greeks.liveThe options contract’s implied volatility has turned more negative this week. It has reached levels similar to those seen on October 11, the day after a significant market crash.

Greeks.live noted that the cryptocurrency market has experienced extreme volatility since news of President Trump’s tariff war broke last Friday, causing a rapid swing between bullish and bearish sentiment. The firm believes the market’s focus is shifting toward a bearish outlook.

This trend in the options market suggests that large-scale liquidity providers and market makers are pricing in a considerable risk of a price drop. While Bitcoin’s technical trend remains intact, Greeks.live recommends buying put options as a suitable hedging tool in the current climate.

On-Chain Data Echoes Bearish SignsCryptoQuant analyst TeddyVision pointed to a similar sentiment in stablecoin flows. He views stablecoins as the “arteries” of crypto liquidity, with most flows heading toward Bitcoin. However, he warns against confusing spot and derivatives trading.

USDC : Exchange Netflow(Total) – Spot Exchanges. Source: CryptoQuantTeddyVision highlighted two distinct trends from August 1 to mid-October 2025. An analysis of the 30-day SMA of stablecoin net inflows to exchanges shows that capital used for actual asset purchases has decreased, while liquidity supporting leveraged derivatives like futures and perpetual contracts has increased.

“It shows that price growth is not being driven by organic demand but by speculative leverage and synthetic exposure—through derivatives and ETF—linked capital rotation. In short, the engine is still running, but it’s running on fumes.”

Disclaimer

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No U.S. spot Bitcoin ETFs generated net inflows on Oct. 15, contrasting just one Ethereum ETF that registered net outflows.

Fetch.ai CEO Humayun Sheikh will fund a class action after Ocean Protocol’s abrupt exit from the ASI Alliance triggered a sharp FET sell-off.Ocean’s withdrawal ends the AI coalition with SingularityNET and Fetch.ai, exposing fractures over governance and token merger strategy.The split deepens legal and reputational risks for decentralized AI projects as exchanges adjust listings and users seek compensation.Fetch.ai CEO Humayun Sheikh has announced plans to personally fund a class action lawsuit following Ocean Protocol’s sudden withdrawal from the Artificial Superintelligence Alliance (ASI).

The Ocean Protocol decided to exit the decentralized AI coalition that once united Fetch.ai, SingularityNET, and Ocean Protocol under a shared token vision.

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Fetch.ai CEO Humayun Sheikh Plans Class Action After Ocean Protocol’s ASI Alliance ExitIn a post on X (Twitter), Sheikh urged affected FET holders to prepare evidence of financial losses linked to Ocean’s exit. He committed to funding a class action in three or possibly more jurisdictions, with a dedicated channel planned for users to submit claims.

If you are or were a holder of $fet and have lost money during this Ocean action be ready with your evidence. I am personally funding a class action in 3 or possibly more jurisdictions. I will be setting up a channel for all to submit your claims. Hold tight and be ready!

— Humayun (@HMsheikh4) October 16, 2025
The statement comes as the FET price dropped almost 10% in 24 hours, trading at $0.2954 on CoinGecko at the time of writing.

FET Price Performance. Source: CoinGeckoThe sell-off has been ongoing, exacerbated by Ocean Protocol Foundation’s decision to withdraw all its directors and membership positions from the ASI Alliance.

The decision effectively ends its participation in the coalition formed earlier this year to build a unified AI and Web3 ecosystem.

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Against this backdrop, Binance announced plans to cease support for deposits of Ocean Protocol via the Ethereum network starting October 20 at 03:00 UTC.

“After this time, any OCEAN deposits sent via ERC20 will not be credited to users’ accounts and may lead to asset loss,” Binance articulated.

BeInCrypto first reported on October 9 that the Ocean Protocol Foundation’s exit raised serious questions about the long-term alignment and trust among ASI’s founding members.

Diverging Visions and Community Backlash While Ocean did not cite specific reasons for its withdrawal, community discussions point to internal rifts and diverging visions over the future of AI tokenization and data ownership.

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Ocean officially joined the ASI Alliance in March 2024, with around 81% of its total OCEAN supply swapped for FET by July. However, roughly 270 million OCEAN tokens, held by more than 37,000 wallets, remained unconverted.

This suggested significant resistance from community members who preferred to retain the original token and governance model.

This resistance may have influenced Ocean’s decision to withdraw, as the foundation refocuses on its decentralized data infrastructure mission, rather than merging into the broader AGI-driven economy championed by Fetch.ai and SingularityNET.

Critics within the ASI community have accused Ocean of exploiting the alliance for visibility while contributing little to the unified ecosystem. Others described the move as a “Trojan horse” act that disrupted months of cooperative development.

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In my opinion, the Ocean protocol is like a Trojan horse agent that has infiltrated the ASI_Alliance.
We will not forget the damage you have caused to this major project. History shows that traitors meet their end! pic.twitter.com/HHZlwbY2xI

— Black__1 (@Black146901146) October 9, 2025
Since the split, OCEAN’s price has plunged from a March 2024 peak above $1.00 to roughly $0.2625, while the foundation announced plans to buy back and burn OCEAN tokens using project profits. This measure is aimed at supporting long-term value.

Ocean Protocol (OCEAN) Price Performance. Source: CoinGeckoThe network also called upon exchanges to consider relisting OCEAN afresh.

“Any exchange that has de-listed $OCEAN may assess whether they would like to re-list the $OCEAN token. Acquirors can currently exchange for $OCEAN on Coinbase, Kraken, UpBit, Binance US, Uniswap and SushiSwap,” the protocol stated.

Meanwhile, Sheikh’s planned class action could mark a new chapter in legal and reputational uncertainty for the decentralized AI sector. It also discusses how alliances and token mergers should be governed.

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.

Thu, 16/10/2025 - 12:02

Shiba Inu sellers are losing steam, with more than 200 billion being actively removed from exchanges

Cover image via www.freepik.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

Shiba Inu on-chain data has shown an unexpected change: approximately 263 billion SHIB have been removed from exchanges in the past day, indicating a sharp reversal in investor sentiment after weeks of intense sell pressure. Since traders seem to be putting money back into cold storage, which is usually an indication of waning short-term sell interest, the move represents a significant shift in sentiment.

Exchanges losing SHIBThe exchange netflow has decreased by -292 billion SHIB, while the exchange reserve has decreased by 0.35%, leaving approximately 82.66 trillion SHIB on centralized platforms, according to the most recent CryptoQuant and on-chain data. At the same time, the number of active addresses increased by almost 1%, indicating that holders are once again interested in and active on the chain.

SHIB/USDT Chart by TradingViewTiming is especially crucial. The price of SHIB experienced a sharp decline recently, plunging below the crucial $0.0000115 support and hitting lows close to $0.0000095 before modestly rising to between $0.0000104 and $0.0000105. These significant withdrawals occurred at the same time as the rebound, suggesting that whales or long-term investors may be starting to accumulate at lower levels once more.

HOT Stories

SHIB still trappedTechnically, the chart continues to display SHIB trapped inside a descending wedge structure, with the 200-day EMA hovering above as a ceiling and resistance stacking close to $0.0000122-$0.0000133. Until the asset recovers these critical levels, the overall downward trend will continue. In the short term, though, the increase in outflows might prevent more downward pressure.

Looking at sentiment, this might be an early accumulation signal after billions of tokens were thrown onto exchanges in a panic earlier in October. After a protracted correction, the move back toward self-custody indicates that investors are now setting themselves up for stabilization or a possible recovery.

However, optimism must be measured. Compared to the early October sell-off, volume is lower, and the RSI is still in the neutral-to-oversold range, suggesting consolidation rather than a confirmed reversal.

To put it briefly, the departure of 263 billion SHIB from exchanges might be the first tangible indication of a supply reduction since the sell-off started. If maintained, it might give SHIB a platform to regain its momentum, but the crucial test before any bullish narrative can take root is still regaining the $0.0000115 zone.

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During the recent crypto market sell-off that was triggered by Trump’s tariffs on China, the crypto market witnessed significant declines. The market saw over $19 billion in liquidations, marking one of the largest single-day losses in crypto history. While Bitcoin dropped below $105k levels, major altcoins also saw steep declines.

Solana Handles High Volume Despite Market StressThe crypto sell-off was a real stress test for major blockchains, which revealed key differences between Solana and Ethereum under pressure.

Notably, Solana proved resilient, handling around 1,200–1,300 transactions per second even during the peak of the chaos, with block confirmations taking just 400–450 milliseconds. Fees spiked briefly to 20–30 cents but quickly dropped back below a cent. 

The network remained stable throughout, with no major slowdowns or congestion, which highlighted Solana’s ability to perform under extreme market stress.

Ethereum’s Network Slows and Fees SpikeHowever, Ethereum struggled during the market turmoil, processing only about 13–15 transactions per second on its base layer, with block times stretching to 14–15 seconds. Gas fees shot above $500 per transaction at peak congestion, effectively pricing out most users and stalling wallets and DeFi operations. 

While Solana remained fully functional, which shows that recent improvements like Firedancer, QUIC, and stake-weighted QoS boosted the network’s performance.

“When users are priced out and transactions can’t clear, the network might as well be offline. Under high load, blockchains must remain accessible, affordable, and reliable,” treasury firm DefiDevCorp said. 

When the largest liquidation event in crypto history hit last Friday, $ETH choked, but $SOL didn’t.

During peak stress, Solana sustained 1,225 TPS, finalized blocks in 350ms, and saw average fees peak at just $0.25 before quickly returning below $0.01.

Ethereum struggled to… pic.twitter.com/OMzWsxmXFh

— DeFi Dev Corp. (DFDV) (@defidevcorp) October 13, 2025 Zero Issues With SolanaCrypto researcher Aylo also shared his experience during the market crash. He had assets and DeFi positions open on both Solana and Ethereum and reported zero issues using Solana. In contrast, he noted that Ethereum, on the other hand, was unusable due to high costs during the market crash, and wallet services like Rabby also went down.

He shared that Solana proved to be the most reliable and performant chain under heavy load, although it is not fully reflected in its current valuation.

I had assets and DeFi positions open on both Solana and Ethereum when shit hit the fan last Friday.

I had zero issues using Solana.

Ethereum was unusable due to the costs as it always is during market crashes + Rabby also went down.

ETH maxis should be much angrier about…

— Aylo (@alpha_pls) October 13, 2025 This shows how Solana’s high-throughput design handles extreme market stress better than Ethereum’s more security-focused base layer.

Solana’s Resilience Under PressureAlthough Ethereum’s scaling solutions like Arbitrum and Base work well in normal times, its mainnet can choke during market panic moments. However, Solana, built for speed from the ground up, handles stress smoothly. 

With over 20 months of uptime since early 2023, it is proving that under pressure, raw speed and reliability can rival even Ethereum’s massive, decentralized ecosystem.

If these trends continue, Solana’s reliability during market chaos could make it more appealing to traders, developers, and DeFi protocols than Ethereum.

While both the networks have their own strengths, as Ethereum stands out for its decentralization and long track record, while Solana is built for speed and low transaction costs, the recent market crash emphasized how reliability and performance under stress are becoming key factors for consideration. 

Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

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The founder and CEO of Polygon recently highlighted the network's growth, stating that Polygon's presence in Europe rivals its dominance in Southeast Asia and Latin America. This expansion was underscored by the announcement that ODDO BHF, a 175-year-old French banking giant, launched its Euro-backed stablecoin, EUROD, exclusively on Polygon.

Roger Ver, one of Bitcoin’s (BTC) earliest and most controversial champions, has agreed to pay $49.9 million to resolve a U.S. tax evasion case, according to a Department of Justice (DOJ) filing released October 14.

The settlement comes through a deferred prosecution agreement, which closes the door on mail fraud and tax evasion charges stemming from Ver’s decision to renounce U.S. citizenship in 2014.

Why the IRS went after ‘Bitcoin Jesus’
Ver, often called “Bitcoin Jesus” for distributing BTC freely in the early 2010s to spread adoption, failed to properly disclose the full size of his Bitcoin fortune when he expatriated.

By law, individuals who give up U.S. citizenship must pay an “exit tax” on all global assets. Prosecutors said Ver intentionally concealed holdings, causing a $16.8 million federal tax loss.

Adding in fraud penalties and accrued interest, his liability swelled to nearly $50 million.

U.S. citizenship change sparked tax clash
The California-born investor became a citizen of St. Kitts and Nevis in 2014 and filed his expatriation-related returns in 2016. The DOJ said those filings deliberately understated his Bitcoin wealth, violating federal tax rules.

Despite his status as a leading crypto evangelist, Ver’s omission placed him in direct conflict with the IRS at a time when regulators were sharpening their focus on digital assets.

Authorities warn crypto investors
U.S. officials stressed that digital asset holders face the same obligations as traditional taxpayers.

“Whether you deal in dollars or digital assets, you must file accurate tax returns and pay what you owe,” said Associate Deputy Attorney General Ketan D. Bhirud.

The settlement spares Ver from prison time but forces him to surrender a large portion of his crypto fortune, with the deal closing a decade-long dispute, but it also cements the IRS’s stance that cryptocurrency profits, no matter how early, remain taxable and enforceable.

October 16, 2025 7:25 AM EDT | Source: Canstar Resources Inc.
Toronto, Ontario--(Newsfile Corp. - October 16, 2025) - Canstar Resources Inc. (TSXV: ROX) ("Canstar" or the "Company") reports that the 2025 trenching program at Canstar's Mary March project, located in Newfoundland's historic Buchans Mining District, has advanced to the final stages. Trenching exposed more than 20 metres of footwall mineralization, containing thin lenses of high-grade base metal mineralization in bedrock. Identification of copper-, lead- and zinc-rich zones is encouraging as they potentially represent the up-dip extension of mineralization first identified in 1999/2000 in drill hole MM-294-03, extending it 130 metres to the surface and 80 metres to the northeast. This discovery further confirms the project's potential to host very high-grade volcanogenic massive sulphide ("VMS") mineralization.

Highlights

Bedrock samples from two trenches4, 125m apart, exposed a strongly mineralized zone containing semi-massive pyrite-sphalerite-galena-chalcopyrite lenses. The presence of these sulphide minerals has been confirmed by various portable X-ray fluorescence device ("pXRF") spot analyses, which returned maximum yields up to +30% zinc, 3% lead and 4% copper.1 Analysis of one sample providing readings ranging from 16.9% to 31.57% zinc and 0.17% to 3.08% lead. A separate sample had readings ranging from 0.81% to 4.28% copper.

High-grade lenses, containing pyrite-sphalerite-galena-chalcopyrite stringers, occur in a zone of lower-grade footwall mineralization, at least 20 m thick.

This style of mineralization closely resembles mineralization intercepted in drill hole MM-294-03, which intercepted 20.6 m grading 3.02% zinc and 1.08% lead.

The trenching program produced 130 samples in total, sent for whole rock geochemistry and assaying, the results of which the Company will release when available.

This prospect is located 590m west of the Mary March intercept (9.63 metres grading 4.2 g/t gold, 122 g/t silver, 10.1% zinc, 1.8% lead, and 0.64% copper2) and is believed to be part of the same mineralizing system.

Mineralized zones occur in proximity to newly mapped chargeability anomalies, strengthening confidence in chargeability surveys for defining drill targets.

The Mary March project, located in the historic Buchans district, remains one of the least explored parts of one of the world's highest-grade VMS camps.

Detailed mapping and re-logging of historic drill holes are currently ongoing; results will be used in geological modelling and data integration by Terra AI.

The results of this season's programs will be used to refine drill targets for exploration drilling expected to commence at the beginning of the 2026 exploration season.

"Our trenching results reinforce why we are so excited about Mary March," said Juan Carlos Girón Jr., President & CEO of Canstar Resources. "We know from historical work that this district has hosted some of the highest-grade VMS deposits globally, and these new exposures provide further, direct evidence of high-grade mineralization in new areas. They also coincide with recently defined geophysical anomalies, illustrating how our geology-first, data-driven approach, led by Dr. Harold Gibson, is steadily converging toward high-confidence drill targets. We're very pleased with the quality of the work and continue building momentum across our Newfoundland exploration portfolio."

Program Update

The Company is trenching and conducting geological mapping across priority targets to better characterize surface mineralization and structure. All historic drilling on the project has now been digitized and spatially verified, providing a robust foundation for the construction of a geological model. A detailed graphic relogging and geochemistry program is ongoing to develop a thorough understanding of the volcanic stratigraphy, alteration, mineralization and structural deformation of the area. This dataset will be used with Terra AI's machine-learning platform to refine target generation ahead of drilling.

Canstar's technical team analyzed the trenching samples in the field with a pXRF device to obtain preliminary geological observations, project analysis, and vectoring. These readings are preliminary and selective, measuring only a tiny fraction of the most mineralized portions of hand samples. Assay results from accredited laboratories will be reported when available.1

Project Context

The Buchans mining district produced five major deposits between the 1920s and 1980s3 with average ore grades of 14.51% zinc, 7.56% lead, 1.33% copper, 126 g/t silver, and 1.37 g/t gold – exceeding 20% combined base metals. These deposits also produced over 60 million oz of silver and more than 700,000 oz of gold. Mary March, situated in an underexplored sector of this prolific belt, continues to demonstrate potential for similar high-grade, polymetallic mineralization.

Next Steps

Canstar has almost completed mapping and channel sampling of the mineralized trenches and intends to ship the final samples for assay within the week. The Company plans to integrate all new and historical data into its 3-D model and finalize drill targeting in collaboration with Terra AI. Pending results, the Company anticipates a first-phase drill program during the 2026 exploration season, subject to additional permitting and conditions.

Acquisition of Newfoundland Mining Claims

The Company has entered into option agreements dated September 25, 2025 (the "Option Agreements") with certain arm's length parties (each, an "Optionor") to acquire an undivided 100% legal and beneficial interest in certain mineral licenses located in Newfoundland and Labrador, Canada.

The new acquisitions expand Canstar's land position in the Mary March area of the Buchans District, Central Newfoundland, one of Canada's most prolific volcanogenic massive sulphide ("VMS") camps. These licenses directly adjoin the Mary March project, a polymetallic VMS target prospective for copper, zinc, lead, gold, and silver, and extend Canstar's footprint over areas of strong geophysical anomalism, including part of a ~1.2 km IP chargeability trend recently identified and being trenched by the Company.

The additions increase Canstar's strategic control of highly prospective ground within the Buchans VMS corridor, strengthening its district-scale position and aligning with the Company's strategy to consolidate and systematically explore key VMS belts in Newfoundland. The newly acquired claims are geologically analogous to those hosting significant historical mineralization within the camp, including the nearby Mary March and Buchans deposits.

Under the terms of the agreements:

Canstar has been granted an option to acquire a 100% undivided interest in mineral licenses 037025M, 038219M, 038658M, and 038582M, comprising a total of twenty-nine (29) mineral claims located in Newfoundland and Labrador.

To maintain the option in good standing, Canstar will make aggregate payments of $71,000 in cash and issue 350,000 common shares of the Company over a three-year period. Upon exercise of the option, each Optionor will retain a 2.0% net smelter returns ("NSR") royalty on their respective license, one-half (1.0%) of which may be repurchased by the Company for $1,000,000.

All securities issued pursuant to the Option Agreements will be subject to a statutory hold period of four months and one day from the date of issuance. The transactions remain subject to TSX Venture Exchange approval.

Qualified Person

Bob Patey, P.Geo, VP Exploration for Canstar and a Qualified Person as defined in NI 43-101, has reviewed and approved the scientific and technical information in this news release.

Acknowledgement

Canstar acknowledges the financial support of the Junior Exploration Assistance ("JEA") Program from the Government of Newfoundland and Labrador Department of Industry, Energy and Technology, which has been a valuable contribution to the exploration programs on the Company's Buchans-Mary March and Golden Baie projects.

About Canstar Resources Inc.

Canstar Resources Inc. (TSXV: ROX) is an exploration company focused on critical minerals and gold. The Company's 100%-owned Golden Baie Project (489.5 km2) hosts high-grade gold and antimony showings along a major mineralized structure that also hosts a large number of gold deposits. The Buchans and Mary March projects (122.5 km2) are located within the world-class, past-producing VMS zinc-, copper-, and silver-rich Buchans Mining Camp and boast high-grade zinc and copper discoveries.

Notes

pXRF readings are screening-level only and are not a substitute for assaying. The pXRF model used is a V2MR Vanta Max from Evident Scientific, calibrated at the factory and monitored for accuracy using three certified reference materials.Reported by Phelps Dodge in 1999 : 9.63 metres grading 4.2 g/t gold, 122 g/t silver, 10.1% zinc, 1.8% lead, and 0.64% copperHistorical production source: Zinc and Lead, Mineral Commodities of Newfoundland and Labrador, Geological Survey of Newfoundland and Labrador, Compiled by R.J. Wardle, 2008Trench MM25-TR-05 534,221m E 5,408,899m N azimuth 135, Trench MM25-TR-06 533,984m E 5,408,671m N Azimuth 140. Coordinates are in NAD 27, Zone 21 NNeither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release contains "forward-looking statements" that are not historical facts. Forward-looking statements relate to future events or performance and include, but are not limited to: the objectives, scope, and anticipated benefits of the $11.5 million joint venture with VMSC; expectations that geological mapping, relogging, LiDAR surveys, and geophysical modelling will identify and refine VMS drill targets; planned trenching, drilling, and other exploration activities; interpretations of geological similarities to the historic Buchans deposits; and the expected completion of a revised geological model and definitive joint venture agreements.

Such statements are based on current assumptions and subject to known and unknown risks and uncertainties that may cause actual results to differ materially, including: failure to complete the definitive JV agreement; geological interpretations proving inaccurate; exploration activities not yielding expected results; delays or inability to commence planned programs; permitting or logistical challenges; and general exploration, market, and commodity price risks. Additional risks are described in the Company's public filings on SEDAR+.

The Company does not guarantee that forward-looking statements will prove accurate, and actual results may differ materially. Forward-looking information is provided as of the date of this news release, and the Company undertakes no obligation to update or revise it except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270672

Pernod Ricard SA (OTCPK:PRNDY) Q1 2026 Sales Call October 16, 2025 3:00 AM EDT

Company Participants

Florence Tresarrieu
Hélène de Tissot - Executive Vice President of Finance & Tech

Conference Call Participants

Edward Mundy - Jefferies LLC, Research Division
Laurence Whyatt - Barclays Bank PLC, Research Division
Sanjeet Aujla - UBS Investment Bank, Research Division
Trevor Stirling - Sanford C. Bernstein & Co., LLC., Research Division
Chris Pitcher - Rothschild & Co Redburn, Research Division

Presentation

Florence Tresarrieu

Good morning to all of you. We're very pleased to welcome you today to our Pernod Ricard Q1 FY '26 sales call. I'm in the room with Hélène de Tissot, Group CFO. Hélène will take you through the numbers with some opening remarks. And after that, we're going to take your questions. Hélène, over to you.

Hélène de Tissot
Executive Vice President of Finance & Tech

Good morning, Florence. Good morning, everyone, and thank you for joining today's Fiscal Year '26 Q1 sales. So we are reporting today a 7.6% decline in organic net sales for our first quarter. As flagged in our recent full year communication, the slow start to this year was expected with 4 key reasons. First, in the U.S., and while we are encouraged to see that sellout performance in the U.S. is continuing to improve related to the market, our U.S. net sales have declined in Q1, amplified by inventory adjustments.

Second, the sharp contraction of sales in China in the context of continuing macroeconomic and consumer sentiment weakness, and also reflecting the impact of some trade inventory adjustments. The impact of the technical effects in those 2 markets on our Q1 means that the underlying performance is significantly better than on net sales by circa 3 points. Third, strong underlying growth in India, though with sales negatively impacted by excise policy changes in Maharashtra State

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Purchase price represents an approximate 6.6x multiple on Adjusted EBITDA for the  trailing twelve months ended June 30, 2025

, /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") announced today that it has reached an agreement to sell the operations of MGM Northfield Park to private equity funds managed by Clairvest Group Inc. (TSX: CVG) ("Clairvest") for $546 million in cash, subject to customary purchase price adjustments.

"I want to thank our MGM Northfield Park employees who have consistently delivered world-class gaming and entertainment experiences to our guests. This is a great property with great opportunity ahead," said Bill Hornbuckle, CEO & President, MGM Resorts International. "At MGM Resorts, our vision is to be the world's premiere gaming entertainment company. To achieve this vision, we're focused on growing our digital business, developing our international expansion opportunities, and continuing to invest in our leading integrated resorts domestically."

For the twelve months ended June 30, 2025, MGM Northfield Park reported Adjusted EBITDAR of approximately $137 million1.  At the closing of the transaction, MGM Resorts' master lease agreement with VICI, which currently includes MGM Northfield Park, will be amended to reduce annual rent by $54 million2. The Company expects estimated net cash proceeds after taxes and transaction costs to be approximately $420 million. 

"This is an excellent result for MGM Resorts and demonstrates consistency in driving transaction multiples at meaningful premiums over where MGM Resorts currently trades. The divestiture underscores MGM Resorts' exceptional financial stewardship, delivering substantial value well beyond the original acquisition price," said Jonathan Halkyard, CFO & Treasurer, MGM Resorts International. "We appreciate VICI, as the real estate owner of MGM Northfield Park, working constructively with Clairvest to facilitate a new lease agreement." 

MGM Growth Properties LLC ("MGP") acquired the Hard Rock Rocksino Northfield Park in July 2018. In 2019, MGM Resorts acquired the operations from MGP for $275 million plus purchase price adjustments and rebranded the property as MGM Northfield Park. 

The transaction is expected to close in the first half of 2026, subject to the receipt of regulatory approvals and other customary closing conditions.

Jefferies LLC and SMBC Nikko Securities America, Inc. served as advisors and Weil, Gotshal & Manges LLP served as legal counsel to MGM Resorts.

About MGM Resorts International
MGM Resorts International (NYSE: MGM) is an S&P 500® global gaming and entertainment company with national and international locations featuring best-in-class hotels and casinos, state-of-the-art meetings and conference spaces, incredible live and theatrical entertainment experiences, and an extensive array of restaurant, nightlife and retail offerings. MGM Resorts creates immersive, iconic experiences through its suite of Las Vegas-inspired brands. The MGM Resorts portfolio encompasses 31 unique hotel and gaming destinations globally, including some of the most recognizable resort brands in the industry. The Company's 50/50 venture, BetMGM, LLC, offers sports betting and online gaming in North America through market-leading brands, including BetMGM and partypoker, and the Company's subsidiary, LV Lion Holding Limited, offers sports betting and online gaming through market-leading brands in several jurisdictions throughout Europe and Brazil. The Company is currently pursuing targeted expansion in Asia through an integrated resort development in Japan. Through its Focused on What Matters philosophy, MGM Resorts commits to creating a more sustainable future, while striving to make a bigger difference in the lives of its employees, guests, and in the communities where it operates. The global employees of MGM Resorts are proud of their company for being recognized as one of FORTUNE® Magazine's World's Most Admired Companies®. For more information, please visit us at www.mgmresorts.com. Please also connect with us @MGMResortsIntl on X as well as Facebook and Instagram.

Forward Looking Statements
Statements in this release that are not historical facts are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and involve risks and/or uncertainties, including those described in the Company's public filings with the Securities and Exchange Commission. Forward-looking statements can be identified by the use of forward-looking terminology such as "believes," "expects," "could," "may," "will," "should," "seeks," "likely," "intends," "plans," "pro forma," "projects," "estimates" or "anticipates" or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events or trends and that do not relate solely to historical matters. The Company has based forward-looking statements on management's current expectations and assumptions and not on historical facts. Examples of these statements include, but are not limited to, the Company's expectations regarding the closing of the sale and any benefits expected to be received from the sale, including the Company's expected net cash proceeds. Forward-looking statements depend on assumptions, data or methods that may be incorrect or imprecise, and the Company may not be able to realize them. The Company does not guarantee that the transaction or other events described herein will happen as described (or that they will happen at all). These forward-looking statements involve a number of risks and uncertainties. Among the important factors that could cause actual results to differ materially from those indicated in such forward-looking statements include risks related to the Company's ability to complete the transaction on the terms described herein or all, the satisfaction of the closing conditions to which the completion of the transaction is subject, including, but not limited to, the receipt of regulatory approvals, which could delay or prevent the completion of the transaction, the effects of economic conditions and market conditions in the markets in which the Company operates and competition with other destination travel locations throughout the United States and the world, the design, timing and costs of expansion projects, risks relating to international operations, permits, licenses, financings, approvals and other contingencies in connection with growth in new or existing jurisdictions and additional risks and uncertainties described in the Company's Form 10-K, Form 10-Q and Form 8-K reports (including all amendments to those reports). In providing forward-looking statements, the Company is not undertaking any duty or obligation to update these statements publicly as a result of new information, future events or otherwise, except as required by law. If the Company updates one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those other forward-looking statements.

Non-GAAP Financial Measures
This press release includes Adjusted EBITDAR for MGM Northfield Park, which is a "non-GAAP financial measure" as defined in Regulation G under the Securities Exchange Act of 1934, as amended. For a reconciliation of LTM Adjusted EBITDAR to net income see footnote 1 to this press release. This press release also includes a multiple based on LTM Adjusted EBITDA. LTM Adjusted EBITDA is LTM Adjusted EBITDAR less cash rent of $54 million (for more information on cash rent see footnote 2 of this press release).

(1)

Calculated as net income of $56.3 million, adjusted for $0.9 million of interest expense, $14.4 million of depreciation expense, $0.2 million of property transactions, net, and $65.2 million of rent expense associated with triple-net operating leases.

(2)

Represents initial agreed cash rent of $53 million, which is subject to a 2% escalator on May 1, 2026. On this date, the rent will increase to $54 million.

MGM RESORTS CONTACTS

Investment Community:
SARAH ROGERS, Senior Vice President of Corporate Finance
(702) 730-3942, [email protected] 

HOWARD WANG, Vice President of Investor Relations
(702) 693-8711, [email protected]

News Media:
BRIAN AHERN, Executive Director of Communications
[email protected]

SOURCE MGM Resorts International

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Vancouver, BC, Oct. 16, 2025 (GLOBE NEWSWIRE) -- First American Uranium Inc. (CSE: URM) (FSE: IOR) (OTCPK: FAUMF) (“First American Uranium”, or the “Company”) is pleased to announce that, further to its news release dated October 7, 2025, it has completed the acquisition (the “Acquisition”) of a 100% legal and beneficial interest in certain mineral properties comprising a strategic land package in the Grenville Province of Quebec (the “Properties”), pursuant to the terms of a property purchase agreement (the “Agreement”) dated October 6, 2025, among the Company and a group of arm’s length vendors (the “Vendors”).

Under the terms of the Agreement, the Vendors transferred to the Company a 100% interest in the Properties, free and clear of all encumbrances. As consideration, the Company issued an aggregate of 4,020,000 common shares (the “Consideration Shares”) at a deemed issuance price of $0.85 per Consideration Share to the Vendors upon closing. The Consideration Shares will be allocated among the Vendors in varying amounts, corresponding to their respective ownership interests in the Properties.

The Consideration Shares will be issued pursuant to exemptions from the prospectus requirements of applicable Canadian securities laws and will be subject to a statutory hold period of four months and one day from the date of issuance.

This Acquisition marks First American Uranium’s initial entry into Quebec, regarded as a mining-friendly jurisdiction, with the Properties located in the Grenville Province – a region that the Company believes is recognized for its elevated number of rare earth elements (“REE”), niobium (“Nb”), and nickel-copper (“Ni-Cu”) occurrences.

The Properties host multiple high-priority showings, including;

Blanchette-1 (REE & Ni-Cu): A grab sample collected by Quebec government geologists returned 2.7% Total Rare Earth Elements (TREE), including 4,090 ppm neodymium (Nd). On this same outcrop, A nickel-copper quartz vein sample returned 0.25% Cu and 0.1% Ni, hosted in a highly deformed paragneiss associated with gabbro boudins. Blanchette-2 (REE): A grab sample collected by Quebec government geologists returned 0.17% Total Rare Earth Elements (TREE), including notable concentrations of Ce and Nd, as well as elevated Zr, Nb, Th, and Y. Bardy (REE): A grab sample collected by Quebec government geologists returned 0.68% TREE, including 1,150 ppm Nd, hosted in a granitic pegmatite 40cms to 4m wide. Seigneurie Deposit (Nb-REE): Originally drilled by SOQUEM in 1978, the area hosts pegmatites up to 50 metres wide, which remain largely unexplored and unassayed for REE and Nb. In 2010, a local prospector collected grab samples, one of which returned 3,190 ppm Nb and 4,031 ppm Total Rare Earth Elements (TREE). In addition to the 39 claims covering 2,240 hectares acquired under the Agreement, the Company has separately staked an additional 480 claims covering 27,696 hectares in and around the Properties. Collectively, this land package now totals 519 claims covering 29,936 hectares.

Niobium and rare earth elements are critical for applications in defense and aerospace, including jet engine superalloys, hypersonic missile systems, rocket nozzles, and advanced super conducting technologies such as qubits for quantum computing. Securing these resources in stable, North American jurisdictions is increasingly important as governments work to strengthen domestic supply chains.

Though the Company has not directly applied for any specific funding programs or grants, it intends to explore non-dilutive funding opportunities with agencies such as the U.S Department of Energy, Department of Defense, and Export-Import Bank of the United States (EXIM). These opportunities could help accelerate development in alignment with U.S critical mineral policies and support the Company’s potential contribution to U.S defense and energy security initiatives.

“This acquisition marks an important step for our company as we look to deliver critical minerals and rare earth elements supply into North America,” said Murray Nye, Chief Executive Officer of First American Uranium. “These Grenville Province Properties allow us to extend our strategy into the critical minerals space in a time where the need to secure domestic supply chains has never been greater. Our team is excited to work with all stakeholders to advance the exploration and development of these assets and bring to market a critical minerals company for Canada.”

The Acquisition strategically expands the Company’s exploration portfolio within a highly prospective region of the Grenville Province. The addition of these assets is expected to strengthen the Company’s growth pipeline, enhance its regional presence, and create long-term opportunities for shareholder value through ongoing exploration and development.

For additional details regarding the Properties, please see the Company’s news release dated October 7, 2025, available under the Company’s profile on www.sedarplus.ca.

ABOUT FIRST AMERICAN URANIUM INC.

First American Uranium Inc. is a North American mineral exploration company focused on the acquisition and development of precious, base, and critical mineral assets. Its portfolio includes the Silver Lake property in British Columbia’s Omineca Mining Division and a recently acquired land package in Quebec’s Grenville Province. The Quebec properties add exposure to rare earth elements (REE), niobium (Nb), and nickel-copper (Ni-Cu) occurrences, expanding the Company’s footprint into critical minerals that are strategically important for energy and defense applications.

ON BEHALF OF THE BOARD OF DIRECTORS:

Murray Nye
Chief Executive Officer

1055 West Georgia Street, Suite 1500
Vancouver, BC V6E 0B6
Canada

For further information, please contact:

Murray Nye, CEO
Email: [email protected]
Phone: +1 (416) 300-7398

CSE:URM
OTCPK:FAUMF
FSE:IOR

This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States. The securities described herein have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any applicable state securities laws, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws, or pursuant to an available exemption from such registration requirements.

Forward-Looking Statements

This news release contains “forward-looking statements” within the meaning of applicable Canadian securities legislation. All statements in this release, other than statements of historical fact, that address events, results, outcomes or developments that the Company expects, anticipates or intends to occur in the future, or that otherwise reflect management’s expectations or beliefs about future events, are forward-looking statements. Forward-looking statements are generally, but not always, identified by the use of words and phrases such as “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “potential,” “opportunity,” “strategy,” “target,” “forecast” and similar expressions, or statements that events, conditions or results “will,” “would,” “may,” “could,” or “should” occur or be achieved.

Forward-looking statements in this release include, but are not limited to: (i) statements regarding the Properties and their mineral prospectivity; (ii) the Company’s planned exploration, development and evaluation activities on the Properties; (iii) the anticipated benefits of the Acquisition, including the expansion of the Company’s exploration portfolio, increased exposure to critical mineral targets, and the potential to enhance long-term shareholder value; and (iv) the potential for the Grenville Province to host significant rare earth element, niobium, nickel-copper or other critical mineral deposits. Such forward-looking statements are based on the Company’s current plans, intentions, expectations and beliefs and are subject to certain assumptions, including, without limitation, assumptions that required regulatory approvals will be obtained in a timely manner, that financing will be available on reasonable terms, and that exploration results will continue to support the prospectivity of the Properties.

Although the Company believes the expectations expressed in such forward-looking statements are reasonable, such statements are not guarantees of future performance or outcomes and actual results may differ materially from those expressed or implied in the forward-looking statements. Factors that could cause actual results to differ materially from those anticipated include, but are not limited to: the timing and receipt of required regulatory approvals; changes in commodity prices and market conditions; the availability of capital and financing on acceptable terms; general economic, business and political conditions; risks inherent in mineral exploration and development, including operational risks, geological uncertainties, environmental risks and accidents; changes in government regulation or policy; and the speculative nature of mineral exploration and development. Additional information regarding risks and uncertainties faced by the Company is available in the Company’s public disclosure record on SEDAR+ (www.sedarplus.ca).

Readers are cautioned that forward-looking statements are not guarantees of future performance, and undue reliance should not be placed on them. The forward-looking statements contained in this release are made as of the date hereof and are based on information currently available and management’s beliefs, estimates, expectations and opinions at that time. Except as required by applicable securities laws, the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Qualified Person

The scientific and technical information contained in this news release has been prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). Clyde McMillan, P.Geo., a consultant to the Company and a Qualified Person as defined under NI 43-101, has reviewed and approved the technical information contained herein.

The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release and has neither approved nor disapproved the contents of this press release

ROBESONIA, Pa., Oct. 16, 2025 (GLOBE NEWSWIRE) -- Blaqclouds, Inc., a Nevada corporation (OTC: BCDS), is proud to announce that it has been officially approved as a Made by Ape licensee, joining a select group of creators and companies granted permission to use the “Made by Apes” designation in alignment with the BAYC and MAYC ecosystem. You can confirm Blaqclouds’ listing here: Made by Ape Bodega Listing

This designation recognizes Blaqclouds as part of the Made by Ape community, a unique Web3 licensing platform created by Yuga Labs that enables holders of Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC) NFTs to legally commercialize their Ape-based projects under an authenticated license.

Why is this Made by Ape Authorized Licensee Important?

Funding opportunities

LFG Ventures: An initiative within ApeChain, LFG Ventures provides funding to promising MBA-licensed projects and businesses. The initiative is designed to be sustainable, covering its own expenses through DeFi strategies while offering funding, often in exchange for revenue-sharing agreements.Swamproots Builder Initiative: As part of the ApeCo, the Swamproots Builder Initiative funds on-chain projects that help create a sustainable future for ApeChain and the ApeCoin community. The initiative funds a diverse range of projects from dApps to gaming, with funding distributed as grantees complete key milestones.ApeCoin ApeChain Grants: Made by Apes businesses can directly apply for funding through the official ApeChain proposal process (APPs). This decentralized process allows community members to vote on which projects receive funding from the ApeChain treasury.Delegated ApeCoin: In September 2024, Yuga Labs announced it would delegate 6.5 million $APE to Made by Apes license holders once ApeChain goes live. In Q3 2025, ApeCo went live. This delegation gives MBA builders a greater voice within the ApeChain ecosystem. Legitimacy & Compliance: As an approved licensee, Blaqclouds can safely use the Made by Ape branding in its products and marketing, assuring users that the company is recognized in the BAYC and MAYC ecosystem.Transparency & Authenticity: Licenses are recorded on-chain, and licensees appear in the “Bodega” directory, which functions as a public registry of vetted Ape-based projects. Partnership opportunities

Strategic Collaborations with Yuga Labs: One of the most powerful opportunities within the Made by Apes (MBA) ecosystem comes from direct partnerships with Yuga Labs. A prime example is Bored Brewing Co., an MBA brand that collaborated with both Yuga Labs and BAPE to launch the official Bored Ape Beer — setting a precedent for future co-branded ventures.Premier Access to ApeFest Events: MBA brands are frequently featured at flagship events like ApeFest, which serve as launchpads for innovation and visibility. At ApeFest 2024, a dedicated pitch competition for MBA projects drew attention from across the Web3 space and cultivated invaluable real-world connections. With ApeFest 2025 set for Las Vegas, MBA brands can anticipate even greater exposure and engagement.Embedded Community Support: The BAYC Council and affiliated community groups actively promote MBA brands through newsletters, social content, and IRL events. Monthly highlights give both new and established builders a platform to connect with thousands of BAYC holders and supporters.Ecosystem Brand Collaborations: The MBA network attracts top-tier partners from across Web3. For instance, Blaqclouds, a leading crypto payments company, has partnered with ApeGames and Bored Trading Co. to support and power payment solutions for MBA-certified businesses.Verified Brand Identity On-Chain: Each Made by Apes project is authenticated via an on-chain certification, giving customers and partners a verifiable mark of trust. This blockchain-verified credential strengthens a brand’s reputation and helps differentiate it in an increasingly crowded Web3 market.Amplified Marketing and Visibility: MBA brands benefit from official communications, newsletters, and community-driven media, unlocking broad exposure at no additional cost. This access to a highly engaged and loyal audience gives MBA licensees unmatched marketing firepower within the Web3 space. “Securing our MBA license is a powerful validation of our mission at Blaqclouds,” said Shannon Hill, CEO of Blaqclouds. “Being officially recognized as a Made by Apes licensee gives us an on-chain seal of authenticity that connects us directly to one of the most culturally significant communities in Web3. This milestone empowers our efforts to bridge Web2 utility with decentralized identity and payment solutions — giving over 160,000 $APE wallet holders real-world spendability and granting the 480+ MBA projects immediate access to ZEUSxPay for accepting APE as a form of decentralized payment. It’s not just a license — it’s a strategic alliance with the future of tokenized commerce.”

About Blaqclouds, Inc.
Blaqclouds bridges traditional finance and decentralized ecosystems, building seamless, real-world blockchain applications that simplify commerce and payments. Its mission is to make spending crypto as easy, trusted, and usable as traditional currency.

Flagship consumer applications include:
- ShopWithCrypto.io – Crypto-to-gift card commerce
- ZEUSxPay.io – Web3 payments and merchant plugins
- DEX.ZEUSx.io – EVM-compatible decentralized exchange
- ApolloWallet.io – Secure, consumer-grade blockchain wallet

For a full list of platforms and solutions from Blaqclouds Nevada and Wyoming, visit: www.blaqclouds.io.

Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Blaqclouds, Inc. to accomplish its stated plan of business. Blaqclouds, Inc. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward-looking statements included herein, the inclusion of such information should not be regarded as a representation by Blaqclouds Inc. or any other person.

This press release also contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve certain risks and uncertainties that may cause actual results to differ materially. Blaqclouds, Inc. assumes no obligation to update or revise any forward-looking statements.

Media Contact
Blaqclouds, Inc.
c/o www.theAlley.io  
Email: [email protected]
Phone: 307-323-4430
Website: www.blaqclouds.io

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/aa4902a3-7d68-41ef-b879-ab1d6bff8ca8