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The maker of affordable high-performance mobile processors has made an unlikely leap into territory largely controlled by a much more prolific competitor.

Long-standing lines that have distinguished chipmakers from one another are being crossed. Namely, Qualcomm (QCOM +2.05%) -- largely focused on computing processors for mobile devices -- is entering the artificial intelligence arena that Nvidia (NVDA 0.04%) dominates. The company said as much on Monday, unveiling two new processors purpose-built for AI data centers.

The question is, will Qualcomm's unlikely foray into the business prove disruptive to Nvidia, and, for that matter, relative newcomer Advanced Micro Devices (AMD +0.68%)?

Maybe. But, first things first.

Qualcomm enters the artificial intelligence chip fray
OK, it's not exactly a jaw-dropping shocker. The $2.4 billion acquisition of AI inferencing specialist Alphawave Semi, announced in June, was explicitly touted as a deal that "provides key assets for Qualcomm's expansion into data centers." And, considering Global Market Insights' forecast of 15% annual growth in the worldwide data center chip market from around $16 billion now to more than $60 billion by 2034, there's just too much money on the table to pass up.

Nevertheless, seeing confirmation of a specific product makes it very real for existing and would-be shareholders. That's why Qualcomm stock jumped more than 11% on Monday in response to the news.

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And it's encouraging news to be sure. The AI200 chip-based accelerator cards (and racks) expected to debut next year will offer "superior memory capacity for fast generative AI inference at high performance per dollar per watt." The AI250 slated for launch the following year will do the same, but even better, putting Qualcomm squarely in a space other than the high-performance mobile processor market, where it's been focused for years now.

Simply getting into a business, of course, doesn't necessarily mean the industry is interested in abandoning more proven providers and purchasing your technology instead. Do Nvidia and its shareholders (and to a lesser degree, AMD and its investors) have something to worry about here?

A significant shift in the industry's infrastructure preferences
There's no outright confirmed figure of Nvidia's share of the artificial intelligence accelerator market. Given its early entry in the race with purpose-built processors, however, no one seems to dispute estimates that the number could be as high as 90%.

This sort of commanding lead can't last forever, though. A competitor largely just needs to step up its design and marketing efforts to make a dent in Nvidia's dominance.

That's what AMD finally did in earnest late last year, unveiling its MI325X chip meant to compete with Nvidia's Blackwell processors, which -- at the time anyway -- were its AI data center workhorse. And it's done reasonably well with this lineup. AMD's second-quarter data center revenue of $3.2 billion was up 14% year over year despite headwinds in China, proving Nvidia's grip on the market isn't exactly ironclad.

Image source: Getty Images.

That's not the only proof that Nvidia can be beaten on the artificial intelligence data center front either. Data center owners/operators like Amazon, Alphabet's Google, and Microsoft are also increasingly bypassing Nvidia and instead opting to work directly with chip developers like Broadcom (AVGO 1.82%) and Marvell Technology (MRVL +5.86%) to manufacture their own custom silicon. Google's Tensor processing units, serving as the digital brain for several of its training and inference platforms, were actually co-developed with Broadcom, for instance. Notably, artificial intelligence newcomer Anthropic is a key user of Google's cloud-provided Tensor technology.

Kevin Scott, Microsoft's chief technology officer, has again stated that his company aims to increase its use of proprietary AI chips, thus decreasing its dependence on Nvidia's commercial offerings.

None of this dynamic is of any tangible benefit to Qualcomm, just as none of it poses a direct or immediate threat to Nvidia. Indirectly, however, at the very least, it confirms that Nvidia's leadership of the AI semiconductor market is fading. There are finally alternatives out there that key players in the industry are choosing. Qualcomm's entry into the race only adds to the mix of choices that chip away at Nvidia's dominance.

Chipping away at the long-standing bullish argument
The challenge for investors here is largely just one of timing and relativity.

Clearly, competitors are coming to the market, but it could take years for the entire AI data center industry to wean itself from Nvidia's wares, which it's become very familiar with. And the artificial intelligence hardware market is also still growing like crazy in the meantime. Even if it's winning less business in the future, Nvidia could still win enough of this growth to continue pumping up its top and bottom lines. Ditto for AMD.

Read between the lines, though, through a more nuanced lens. Like weight-loss drugs, e-commerce, solar panels, electric vehicles, and a slew of other industries, the capitalism-driven marketplace isn't going to let a single powerhouse dominate a lucrative business like this one forever.

It's a prospective problem for Nvidia shareholders largely because much of the stock's premium pricing of late has been rooted in its dominance of the AI processor market. Now that reason is starting to crumble, even if only a little for now. Sheer uncertainty can take a surprisingly sizable toll on any stock's value.

That being said, while Qualcomm's entry into the artificial intelligence chip business is yet another argument against sticking with a stake in Nvidia, in and of itself, it isn't a reason to step into a position in Qualcomm. Although it has one customer lined up -- Saudi Arabia's AI company Humain -- other players may not be in any particular hurry to test-drive its fairly new tech. The company's foray into this market is simply going to further democratize the AI chip industry.

Robinhood's stock has been skyrocketing this year and it has plenty of levers to pull on for even more growth in the future.

Robinhood Markets (HOOD +6.31%) went public just over four years ago, and it has already grown to a market cap of around $130 billion. It has established itself as a top trading platform, especially among young investors. In just the past 12 months, the stock has climbed more than 420%.

The business has been thriving as its platform makes it easy to trade stocks and crypto, and even place wagers on prediction markets. It has expanded in size and with so much growth under its belt already and a lot more still on the horizon, the stock looks unstoppable. Could it potentially join the trillion-dollar club by 2030?

How Robinhood's stock could hit a $1 trillion valuation
Although $1 trillion in market cap would be a significant increase from where the business is today, I believe it is a possibility. For one thing, Robinhood has generated explosive growth in recent years, and if that trend can continue, its valuation would be sure to rise along with it.

The business has gone from being unprofitable as recently as 2023 to now generating impressive profit margins of around 40%. If the business can continue to scale and expand into more prediction markets (it recently launched markets for the NFL and college football), its earnings could skyrocket.

The stock is also highly popular with retail investors, which can often push valuations higher than they otherwise would be based on just fundamentals alone. Currently, Robinhood's price-to-earnings multiple is over 70; investors are clearly bullish on the business and its long-term growth potential.

While it may not be an easy path to get to $1 trillion (Robinhood would need to rise close to 670% in value from where it is today), the stock's performance this year is a terrific example of how hot it can get in a short amount of time. And with ample growth opportunities to tap into in crypto, stock trading, and prediction markets, I think it's entirely possible that Robinhood could join the trillion-dollar club by the end of the decade -- but that doesn't mean it's a sure thing by any means.

What could derail its growth
As promising as the future looks for Robinhood, there are obstacles that could get into the stock's way. A big one is the overall sentiment in the market. Robinhood is doing well this year, and it comes at a time when meme stocks and risky investments are hot buys. When Robinhood went public in 2021, it also benefited from similar trends.

However, by 2022, when the stock market went into a tailspin due to rising inflation, meme stocks and growth stocks all suffered big declines. That year, Robinhood's stock lost more than half of its value. If there's a similar downturn ahead in the markets, another big correction could take place in the near future. Valuations are high right now and investors are growing concerned about the possibility of a bubble in the market.

If economic conditions worsen and the country falls into a recession, there may not be much speculative buying and trading on Robinhood's platform or anywhere else for that matter. Even if it ends up recovering, a big drop in value could make it difficult for the stock to rebound and reach a $1 trillion market cap by 2030.

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Is Robinhood a good stock to buy today?
I think Robinhood's stock can and eventually will reach a $1 trillion valuation, simply because of how popular it is with retail investors, which is a key ingredient for any stock to be generate massive returns these days. But at the same time, a lot would have to go right for it to get to such a large valuation by the end of the decade.

If you're a long-term investor who's willing to hang on for multiple years, this growth stock can still make an excellent investment, regardless of how quickly Robinhood rises in value. With strong margins and growth prospects, it has the potential to generate significant returns.

Even after its rapid rise this month, this meme stock is incredibly cheap right now.

 While 2025 has been a great year for many stocks, it hasn't been kind to Krispy Kreme (DNUT 1.10%). The doughnut company had tumbled from about $10 a share at the start of the year to just $3.26 a share as of Oct. 20.

Since then, though, the stock price has jumped by more than 25%.

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Have investors finally decided Krispy Kreme was too cheap to ignore? Could there be further gains ahead for the troubled doughnut maker? Or is something else going on? 

Yes, it's still cheap...
Even after Krispy Kreme's recent share price gain, the stock is now sitting just shy of $4 a share. That's down about 60% year to date and down by 77% from its 2024 high.

There's no denying that this stock is cheap. It's currently trading at a price-to-sales ratio of about 0.4, which is much cheaper than most of its peers. Starbucks (SBUX 2.74%), for example, trades at a P/S ratio of 2.6, while McDonald's (MCD 1.32%) has a P/S ratio of 8.4.

Even more astonishing is the company's price-to-book ratio, which compares its market cap to its book value, which is the value of the company's total assets minus its liabilities (in other words, what the company is worth on paper today, which may be very different from its expected future value). Krispy Kreme's price-to-book ratio is currently 0.98. When a company's price-to-book value is less than 1, the market is valuing the business at less than the current value of its assets. In theory, that means that if Krispy Kreme went out of business today, and all its assets were liquidated, the shareholders would get more than the current value of their shares.

...for a reason
The thing is, stocks don't trade at this kind of discount unless investors are concerned about the underlying business' future ability to make money. And Krispy Kreme has given investors plenty of reasons to be concerned recently.

The company's second-quarter earnings report was a disaster, with a 13.5% decline in revenue to $379.8 million and an unadjusted net loss of $441.1 million. Even on an adjusted basis, its EBITDA of $20.1 million was down 63.3% from the prior-year period.

Krispy Kreme's management claimed the quarter was an outlier, pointing to asset impairments stemming from the ending of its distribution partnership with McDonald's, which had failed to generate sufficient profits. The drop in revenue largely stemmed from the recently completed sale of its Insomnia Cookies business. However, even after adjusting for those high-impact circumstances, organic revenue still declined -- although only by 0.8%.

Management withdrew its full-year guidance, citing market uncertainty, and now says it intends to "begin recouping profitability," which doesn't really inspire much confidence in the business.

Image source: Getty Images.

Meme stock status
In spite of its poor numbers and uncertain outlook, Krispy Kreme's share price moves have been incredibly erratic thanks to its status as a meme stock. In fact, meme stock trading was the reason for its recent 26% surge in price, which came as posts about the company surged in Reddit channels like r/ShortSqueeze and r/WallStreetBets. Similar surges came in July and September, but quickly fizzled.  

If the meme stock traders were trying to force a short squeeze, their efforts seem to have been ineffective. Short interest in the company actually ticked upward after the price jump, indicating that more investors expect the stock to fall from its present value.

If Krispy Kreme weren't such a fickle meme stock, it might actually look attractive from a value perspective. With the problematic McDonald's partnership now off the books and shares trading below book value, a case could be made for the stock as a turnaround play, although I'd prefer to hear some more concrete turnaround plans from management first.

However, Krispy Kreme is a meme stock, and given the recent jumps in both price and short interest, smart long-term investors should probably steer clear of it for now.

You could pick up shares today and pay less than Buffett did! The big question is, should you?

Billionaire Warren Buffett is a lifelong proponent of value investing, famously counseling in 1989 that "It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price." So when he adds a new company to his Berkshire Hathaway (BRK.B 0.14%) portfolio, you know he thinks it's a solid business that's worth the price he paid.

Or, better yet, an even cheaper price.

Right now, one of the latest batch of Berkshire stock buys is trading for less than Berskhire paid for it. But before you race out to buy shares of Pool Corp (POOL 3.66%), there are some things you should know.

Here's what's changed between then and now.

Buffett takes a dip
Berkshire often buys stocks in batches, often dipping his toes in first before diving in with a big buy. That's exactly what he did with Pool Corp.

It first bought shares in Q3 2024, purchasing just 404,057 shares, which had a market value of "only" $152.2 million at the time. In Q4, it made another small purchase of 194,632 shares, bringing his total stake to just over $200 million, or 1.6% of the company.

In 2025, though, Berkshire got more aggressive, buying 865,311 new shares in Q1. Then, in Q2, it really backed up the truck, picking up nearly 2 million more shares, bringing Berkshire's total stake in Pool to over $1 billion, or 9.2% of the company.

Now it's a "skinnier dip?"
We don't know exactly how much Berkshire paid for each of his Pool shares. But we do know the overall share price range of the stock during each quarter in which Buffett bought the stock. And that data proves that today's investors have a leg up on Buffett.

The lowest Berkshire could have paid for its shares in Q3 2024 was $296.17/share. By Q4, the price had gone higher, and the least it could have paid was $339.32/share. During Q1 2025, Pool's price slipped sharply, and shares could be had for $314.92 apiece near the end of the quarter. Finally, in Q2, when the biggest buy occurred, the stock's low was $285/share.

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Right now, shares of Pool are trading at just $283.08/share -- lower than any price Berkshire could have paid. That means investors should pile into the stock right away and beat Buffett at his own game, right?

Well, not necessarily...

Why shares took a dive
Pool Corp, as the name suggests, sells pools. In fact, it's the world's largest wholesaler of pools, pool equipment, parts, and supplies. Its stock price surged during the pandemic lockdowns as demand for at-home leisure options -- like backyard pools -- surged. The end of the lockdown era, followed quickly by rising mortgage rates and falling home construction starts, saw Pool's revenue plummet and prompted growth-focused investors to head for the exits.

The market for new pool installations is still soft and will likely remain soft until the housing market picks back up. That said, only 14% of Pool's revenue comes from selling new pools. Approximately 64% of its revenue comes from servicing, maintaining, and repairing existing pools, which tends to be stable, recurring revenue. However, the market seems unlikely to reward Pool until new installations begin to pick up, so investors should expect further near-term share price stagnation.

But Buffett doesn't focus on the near term. He likes to buy and hold for the long term. With Pool currently trading at a below-average valuation of 26x trailing earnings and offering a 1.73% dividend yield, it's easy to see why Buffett would buy. Like-minded investors who are willing to accept some near-term volatility in exchange for long-term stability and slow-but-steady growth may want to consider buying Pool at its current price. However, it may be smarter to put your money elsewhere and wait to buy Pool until the housing market is showing more signs of an imminent thaw.

NEW YORK, Nov. 02, 2025 (GLOBE NEWSWIRE) --

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Savara Inc. (NASDAQ: SVRA) between March 7, 2024 and May 23, 2025, both dates inclusive (the “Class Period”), of the important November 7, 2025 lead plaintiff deadline.

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

WHAT TO DO NEXT: To join the Savara class action, go to https://rosenlegal.com/submit-form/?case_id=44874 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 7, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

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

DETAILS OF THE CASE: According to the lawsuit, defendants made false and/or misleading statements and/or failed to disclose that: (1) the MOLBREEVI (a clinical trial for the treatment of a rare lung disease) Biologics License Application (“BLA”) lacked sufficient information regarding MOLBREEVI’s chemistry, manufacturing, and/or controls; (2) accordingly, the FDA was unlikely to approve the MOLBREEVI BLA in its current form; (3) the foregoing made it unlikely that Savara would complete submission of the MOLBREEVI BLA within the timeframe that Savara had represented to investors; (4) the delay in MOLBREEVI’s regulatory approval increased the likelihood that Savara would need to raise additional capital; and (5) as a result, defendants’ public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Savara class action, go to https://rosenlegal.com/submit-form/?case_id=44874 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

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

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

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

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

Contact Information:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Law Firm, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
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Competition could cut into Nvidia's revenue in the next few years.

Nvidia (NVDA 0.20%) stock has been going like gangbusters for the last few years. The company's dominant position in making graphics processing units (GPUs) to power data centers and run high-level artificial intelligence (AI) programs allowed Nvidia to become the biggest company in the world by market cap.

Nvidia stock is up 1,390% in the last three years alone. An investment of $10,000 in October 2022 would have given you a balance of $148,800 today.

I expect Nvidia to continue to do well, but it's going to face pressure. Competitor Advanced Micro Devices is pushing to get market share in the GPU market as well. It just signed a deal with OpenAI to provide several generations' worth of GPUs. Alphabet, Amazon, Microsoft, Meta Platforms, and Tesla are all working on in-house chips of their own. And Chinese companies are working on their own chips.

Image source: Getty Images.

So, while Nvidia has more than a 90% market share in the GPU market today, that may not be the case for long. But I see another company that I think has a great chance to outperform Nvidia over the next three years. And it's not a Nvidia competitor. It's a partner.

The company that could outpace Nvidia
Taiwan Semiconductor Manufacturing (TSM 0.90%) holds a place similar to Nvidia -- it is the leading fabricator for semiconductor chips. Essentially, Nvidia and its competitors design GPUs and other products, and TSMC builds them. Nvidia's CEO, Jensen Huang, calls TSMC's fabrication process "magic."

TSMC produced more than 11,800 different products in 2024, using 288 separate processes. Sixty percent of the company's revenue comes from making 3 nanometer (nm) and 5 nm chips, which are essential to semiconductor manufacturing. Semiconductor makers, like Nvidia and AMD, value smaller and smaller circuits because the more a company can put on a chip, the more powerful it is. TSMC is one of only a handful of fabricators making 3 nm chips at scale, and it's planning to mass-produce 2 nm chips this year.

Statista reports that TSMC has about 70% of the semiconductor fabrication market today. And the best part? That will likely not change substantially. TSMC makes Nvidia chips, but they also make chips for AMD, Amazon, Apple, Alphabet, and Qualcomm, among others.

So, no matter what company bites into Nvidia's dominant market share, they will likely be coming to TSMC to fabricate the chips.

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Trade issues and other barriers
There's been a lot of talk this year about trade barriers, tariffs, and other headwinds that can potentially damage the semiconductor market. President Donald Trump, like his predecessor, has been firm on wanting to encourage semiconductor development and fabrication in the U.S. If you remember, it was during the Biden administration that Congress passed the CHIPS act to spur development on U.S. soil.

That's why its significant that TSMC is diversifying its fabrication locations, investing $165 billion into adding capacity in Arizona where it's currently making Nvidia Blackwell chips. TSMC is building six fabrication plants in the north Phoenix area.

Fabricating chips in the U.S. will be important as U.S. companies look for ways to avoid tariffs -- and White House difficulties -- by manufacturing chips on U.S. soil. CEO C.C. Wei said in October the company will continue to invest in Taiwan but would speed up its production expansion and technology upgrades on U.S. soil.

TSMC's dynamic growth bodes well for the next three years.
Another reason I like TSMC stock: Taiwan Semiconductor's revenue is already on a sharp upswing, holding steady at 36% year-over-year growth.

Month

Net Revenue

Year-Over-Year Change

January 2025

$9.59 billion

39.5%

February 2025

$8.50 billion

43.1%

March 2025

$9.35 billion

46.5%

April 2025

$11.43 billion

48.1%

May 2025

$10.48 billion

39.6%

June 2025

$8.63 billion

26.9%

July 2025

$10.57 billion

25.8%

August 2025

$10.98 billion

33.8%

September 2025

$10.10 billion

31.4%

Total

$90.42 billion

36.4%

Source: TSMC. Revenue converted from New Taiwan dollars.

The company is consistently hitting $10 billion per month in revenue, and issued guidance for the fourth quarter to bring in $32.2 billion to $33.4 billion in revenue, with an operating margin of about 50%.

Those are dynamic numbers -- and I have a lot of confidence that they will continue. So does Wall Street, as TSMC's revenue estimates have steadily risen through the year. Next year's revenue is expected to be more than $147 billion.

TSM Revenue Estimates for Next Fiscal Year data by YCharts.

If you're looking for a company that can beat Nvidia for the next three years, look to the company that's making their chips -- as well as their competitors'. That's TSMC.

Patrick Sanders has positions in Nvidia. The Motley Fool has positions in and recommends Advanced Micro Devices, Alphabet, Amazon, Meta Platforms, Microsoft, Nvidia, Qualcomm, Taiwan Semiconductor Manufacturing, and Tesla. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.

— HUTCHMED unveils its innovative ATTC platform, potentially providing precision oncology with synergistic dual-mechanism of action —

FILE PHOTO: People walk past an installation depicting a barrel of oil with the logo of the Organization of the Petroleum Exporting Countries (OPEC) during the COP29 United Nations climate change conference in Baku, Azerbaijan, November 19, 2024. REUTERS/Maxim Shemetov/File Photo Purchase Licensing Rights, opens new tab

SummaryOPEC+ agrees to small output increase in DecemberOPEC+ pauses production hikes in Q1Trump says he is not considering strikes within VenezuelaUkraine drone attack strikes Russia's Tuapse portSINGAPORE, Nov 3 (Reuters) - Oil prices climbed in early Asian trade on Monday after OPEC+ decided to hold off production hikes in the first quarter of next year, easing rising fears of a supply glut.

Brent crude futures rose 47 cents, or 0.73%, to $65.24 a barrel by 2336 GMT after closing 7 cents higher on Friday. U.S. West Texas Intermediate crude was at $61.43 a barrel, up 45 cents, or 0.74%, after settling up 41 cents in the previous session.

Sign up here.

The Organization of the Petroleum Exporting Countries and their allies, known as OPEC+, agreed on Sunday to raise output by 137,000 barrels per day in December, the same as for October and November.

"Beyond December, due to seasonality, the eight countries also decided to pause the production increments in January, February, and March 2026," the group said in a statement.

RBC Capital analyst Helima Croft said: "There is ample ground for a cautious approach given the uncertainty over the Q1 supply picture and the anticipated demand softness."

She added that Russia remains a key supply wild card in the wake of the U.S. imposing sanctions on Rosneft and Lukoil as well as the ongoing strikes on Russian energy infrastructure.

A Ukrainian drone attack struck on Sunday the Tuapse port, one of Russia's main Black Sea oil ports, causing a fire and damaging at least one ship.

Brent and WTI fell more than 2% for a third straight month in October, hitting a five-month low on October 20 on fears of a supply glut and economic concerns about U.S. tariffs.

Analysts are holding their oil price forecasts largely unchanged as rising OPEC+ output and lacklustre demand offset geopolitical risks to supply, a Reuters poll showed. Estimates of oil market surplus ranged anywhere from 0.19 to 3 million bpd.

The Energy Information Administration reported on Friday that U.S. crude oil output rose 86,000 bpd to a record 13.8 million bpd in August.

On Friday, President Donald Trump denied he was considering strikes inside Venezuela amid intensifying expectations that Washington may soon expand drug-trafficking-related operations.

Reporting by Florence Tan in Singapore; Editing by Nia Williams

Our Standards: The Thomson Reuters Trust Principles., opens new tab

Galaxy Digital facilitated a $9 billion Bitcoin sale for an early investor.Institutions now dominate Bitcoin accumulation through ETF infrastructure.Analysts call it Bitcoin’s “silent IPO” — a shift to market maturity.Galaxy Digital executed a $9 billion Bitcoin sale for a Satoshi-era investor in July 2025, one of the largest crypto exits to date. This event signals a new era, as early Bitcoin adopters distribute coins to meet rising institutional demand without disrupting the market.

This ongoing shift marks Bitcoin’s transition into a more mature and stable market. Institutional capital now dominates, as on-chain data shows dormant wallets reactivating throughout 2025. The asset’s evolution from speculative play to global financial infrastructure continues to accelerate.

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The Mechanics of Bitcoin’s Distribution PhaseBitcoin’s current consolidation resembles the post-IPO stages in traditional equities, where early backers gradually exit as institutions enter.

In a Subtack post, Jeff Park, an advisor at Bitwise, describes this as a “silent IPO,” which lets original holders distribute Bitcoin through ETF infrastructure. Unlike previous downturns shaped by regulation or failures, today’s distribution happens under strong macro conditions and growing institutional interest.

On-chain data reflects the trend. Dormant wallets that were inactive for years began moving coins in mid-2025. For example, in October 2025, a wallet that had been inactive for three years transferred $694 million in Bitcoin, highlighting broader wallet reactivations during the year.

Blockchain analytics firm Bitquery also tracked numerous wallets that had been dormant for over a decade, becoming active in 2024 and 2025.

Crucially, this distribution is patient, not panic-driven. Sellers target high-liquidity windows and institutional partners to minimize price impact.

The Galaxy Digital transaction demonstrates this approach, where over 80,000 Bitcoin were moved during estate planning for an early investor, all without destabilizing the market.

Historically, such consolidation phases in traditional finance last six to 18 months. Companies like Amazon and Google experienced similar periods after their IPOs, as founders and venture investors made room for long-term institutional investors.

Bitcoin’s ongoing consolidation since early 2025 signals a comparable shift from retail pioneers to professional asset managers.

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Institutional Adoption Accelerates as Early Holders ExitThis handoff from early holders to institutions relies heavily on the expansion of ETF infrastructure. Since the launch of spot Bitcoin ETFs in early 2024, institutional inflows have surged.

CoinShares research reported that as of Q4 2024, investors managing over $100 million collectively held $27.4 billion in Bitcoin ETFs, a 114% quarterly gain. Institutional investors accounted for 26.3% of Bitcoin ETF assets, up from 21.1% the prior quarter.

North American crypto adoption increased by 49% in 2025, driven primarily by institutional demand and the introduction of new ETF products, according to Chainalysis. This growth ties directly to the accessibility of spot ETFs, a familiar option for cautious investors.

Still, market penetration remains early. River’s Bitcoin Adoption Report reveals that only 225 of over 30,000 global hedge funds held Bitcoin ETFs in early 2025, with an average allocation of just 0.2%.

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This gap between interest and allocation demonstrates how institutional integration is just beginning. Still, the trend remains upward. Galaxy Digital ended Q2 2025 with roughly $9 billion in combined assets under management and stake, a 27% quarterly increase—thanks in part to rising crypto prices and the record-setting Bitcoin sale. Its digital assets division delivered $318 million in adjusted gross profit, and trading volumes jumped 140%, as detailed in Galaxy’s Q2 2025 financial results.

The crypto lending ecosystem also expanded. According to Galaxy’s leverage research, Q2 2025 saw $11.43 billion in growth, bringing total crypto-collateralized lending to $53.09 billion.

This 27.44% quarterly rise signals strong demand for institutional-grade infrastructure that supports large transactions and wealth strategies.

Psychological De-Risking and the New Bitcoin Holder ProfileThe logic behind early holder exits goes beyond profit-taking. Hunter Horsley, CEO of Bitwise, highlights that early Bitcoin investors remain bullish but prioritize psychological risk management after life-changing gains.

On X (Twitter), he explained that many clients aim to preserve their wealth while keeping some long-term Bitcoin exposure.

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We have many clients with immense amounts of Bitcoin.

Imo- it’s not that they no longer believe in BTC. It’s more timing and peace of mind:

They’ve got 100-1000x more wealth. They want to make sure it stays that way. They expect it will go higher but can also have periods of…

— Hunter Horsley (@HHorsley) November 2, 2025
Strategies include swapping spot Bitcoin for ETFs to gain custodial peace of mind, or borrowing from private banks without selling.

Others write call options for income and set price targets for partial liquidations. These approaches signal smart wealth management and continued potential upside, not pessimism.

Bloomberg ETF analyst Eric Balchunas confirmed on X that original holders are selling actual Bitcoin, not just ETF shares. He likened these early risk-takers to “The Big Short” investors, who were first to spot opportunities and are now reaping the rewards.

Agree OGs are the ones selling (vs ETF paper btc conspiracy theories) and agree they saw something no one else did a la the Big Short dudes and deserve the rewards.

— Eric Balchunas (@EricBalchunas) November 2, 2025
As institutional ownership expands, Bitcoin’s volatility is projected to decrease, thanks to a broader distribution across pension funds and investment advisors.

This supports greater market stability and draws additional conservative capital. As a result, Bitcoin continues to shift from a speculative asset to a foundational monetary tool in global finance.

Disclaimer

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Seventeen years after the publication of its whitepaper, Bitcoin (BTC) has completed a remarkable journey — from being dismissed as “hacker money” to becoming a recognized pillar of the global financial system. What began on October 31, 2008, as an idea by the pseudonymous Satoshi Nakamoto has grown into a trillion-dollar ecosystem influencing governments, corporations, and financial markets worldwide.

Bitcoin whales are sending positive signals to the entire market after a prolonged period of sideways trading.

As of 8:30 a.m. Eastern on Sunday, Bitcoin is trading at $110,300, stirring lively discussions among prediction markets about its potential performance in November.

Ethereum (ETH) posted a solid performance in the latest trading session, gaining 1.50% to reach $3,822.60 amid a 19% surge in trading volume compared to the seven-day average. The increase in participation suggested renewed trader interest, though the asset faced a late-session rejection near a critical resistance zone between $3,860 and $3,880.

Prominent market analyst Ted Pillows has highlighted the immediate key price levels in the Ethereum market using data on liquidity heatmap. This analysis follows a turbulent price display over the past week during which Ethereum prices fell by 1.64%.

Ethereum Traders Brace For Potential Sweep Before Reversal 
In an X post on November 1, Pillows shares data from Coinglass on the Ethereum liquidity heatmap, identifying significant resting liquidity on both sides of the current price action.

Notably, the upper band, which lies between $3,900 and $4,200, represents a heavy concentration of limit orders as many traders are positioning themselves for potential selling activity once ETH revisits this area. Therefore, this price range acts as a major resistance zone critical for market bulls to reclaim in any potential push for a sustained uptrend.

On the downside, there is also a notable liquidity cluster around $3,750 acting as a potential magnet for price and a key support area in a price crash situation.

Source: @TedPillows on X
Looking at this setup, Ted Pillows postulated that Ethereum could be setting up for a liquidity sweep, a common pattern where price dips into an area of high liquidity to trigger stop losses and fill bids before reversing upward. If this scenario plays out, a short-term move toward $3,750 could precede a sharp rebound, potentially targeting the $3,900–$4,200 resistance region once more.

With present market prices around $3,800, Ethereum could be eyeing a potential short-term gain of 10% gain but not without an initial correction and significant levels of long and short liquidations.

ETH Treasuries Close October With 550k Netflow Despite Offloading Fears
In other news, Ethereum treasury companies continue to display a strong market confidence despite fears of a possible sale amid the heavy price volatility seen in the last month. According to data from CoinMarketCap, Ethereum prices fell by 13.34% in the past month as the broader crypto market struggled amid various macro influences. 

Despite this negative performance, blockchain analytics firm Sentora reports that ETH treasuries registered a net inflow of 550,000 ETH. Although this figure falls well below the 1.5 million ETH inflows observed in August, it remains significant, underscoring investors’ continued confidence in Ethereum’s long-term value proposition.

At press time, Ethereum trades at $3,873, reflecting a minor 0.44% gain in the past 24 hours. Meanwhile, the daily trading volume is down by 53.83% and valued at $17.57 billion.

ETH trading at $3,874 on the daily chart | Source: ETHUSDT chart on Tradingview.com 
Featured image from iStock, chart from Tradingview

Walmart and Costco have outperformed the S&P 500 over the past five years, but onestands out as the better long-term buy today.

People have to spend their money somewhere, and many are choosing budget-friendly favorites, Walmart (WMT 1.03%) and Costco (COST 0.80%). These retail giants generate almost $1 trillion in combined revenue each year, but they have different business models.

Costco focuses on membership warehouses and has 914 locations worldwide . You don't need a membership to enter one of Walmart's 10,750 retail stores , but you do need a membership to enter one of the company's 600 Sam's Club locations . Both retailers use their scale to offer affordable prices on various products, including essentials like groceries.

Both retail giants have outperformed the S&P 500 over the past five years. Some investors may want to diversify into both stocks, but if you could only choose Walmart or Costco, there is a clear winner.

Walmart gets digital
Walmart's business strategy has revolved around opening as many discount retail stores as possible. That formula has worked well for decades, but Walmart's future growth opportunities come from e-commerce and online ads.

E-commerce sales increased by 25% globally in the second quarter, as Walmart continues to penetrate into Amazon's (AMZN +9.77%) domain. The company's retail chain works to its advantage since store-fulfilled pickup and delivery are the driving forces behind Walmart's e-commerce success.

Walmart's global advertising business is also growing quickly, showing a 46% year-over-year improvement in the second quarter. It's still a small part of Walmart's overall business. Advertising accounted for $4.4 billion of Walmart's $681.0 billion in fiscal 2024 revenue. However, advertising has higher margins than Walmart's retail business, which can translate into higher net income growth.

Costco retains customers better than most retailers

Image source: Getty Images.

Costco doesn't have as many stores as Walmart, but its customers come back more often and spend more money. That's based on Costco's rising comparable sales growth, a metric that shows how much Costco's existing stores grew year-over-year. In other words, a retailer can't game this number by doubling their store count in a short period of time.

Costco posted 5.7% same-store sales growth in Q4 FY25 . International stores are growing at a faster rate than Costco's U.S. locations, which is a common trend among retail giants. You can also find the same trend with Walmart's comparable sales growth, but Walmart's growth rate is lower than Costco's, coming in at 4.3% year-over-year in the second quarter.

The wholesaler also has a growing e-commerce segment that was up by 15.6% compared to last year. Costco's September report indicates that the business is still growing at a healthy clip, with comparable sales up by 5.7% year-over-year . September's sales report is the first one that lumps e-commerce into the new "Digitally Enabled" segment, which includes all sales initiated with a digital device, whether it's fulfilled at a warehouse or a distribution center. Costco Travel sales are also included in this metric, which was up by 26.1% compared to September 2024.

Choosing between Walmart and Costco
Walmart and Costco are the two clear leaders in the retail industry, offering a wide range of affordable products. Both stocks have outperformed the S&P 500 over the past five years and give dividends to their shareholders.

Costco delivered 8% year-over-year revenue growth in its fourth quarter, which edged out Walmart's 4.8% year-over-year revenue growth rate. Costco also has higher comparable sales growth than Walmart.

Revenue growth is a key factor when comparing stocks, but it doesn't tell the whole story. Walmart's growing advertising business gives the company a better shot at expanding its profit margins in the long run. Higher profit margins can help Walmart grow its net income faster than Costco, even if Costco continues to deliver higher revenue growth.

Walmart's net income jumped by 56% year-over-year in the second quarter, which was much higher than Costco's 10.9% year-over-year net income improvement. This difference partially explains why Walmart has been the better-performing stock year-to-date.

Investors also have to consider each stock's valuation, and if you're looking at the popular P/E ratio, Walmart is the clear winner. Walmart currently trades at a 40 P/E ratio compared to Costco's 51 P/E ratio.

While Costco has higher revenue growth, Walmart's profits are growing at a faster rate, and WMT shares have a low valuation. Combining that with Walmart's high-margin advertising growth makes WMT stock the better buy right now.

Now could be the time to pick up shares in the struggling fast-casual chain before a potential turnaround.

Chipotle Mexican Grill's (CMG 2.61%) struggles continued in the third quarter -- on Wednesday, it delivered a report that revealed another quarter of lackluster same-store sales, and management lowered its guidance for the year. That sent the stock plunging. It's now down by about 45% year to date.

But is that decline a buying opportunity or should investors run for the hills?

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Struggles continue
After two straight quarters of falling comparable-restaurant sales, Chipotle did see same-store sales tick up slightly by 0.3% in Q3. Transactions edged down 0.8%, but its average check size rose 1.1%.

The company said that people from low- to middle-income households have significantly reduced the frequency of their visits to Chipotle, and it estimates that those demographics account for about 40% of its customers. It said consumers between the ages of 25 and 35, in particular, have cut back on their discretionary spending. It also said that promotions and discounting across the industry have intensified, as has menu innovation among its competitors.

Towards the end of July and into August, the chain saw a marked step down in transactions. An increase in marketing spending and the introduction of carne asada and red chimichurri in early October helped a bit, but it has seen softness increase in recent weeks.

As a result, Chipotle is now expecting its same-store sales to be down by a low single-digit percentage for the year. That compares to an earlier outlook of flat comparable-restaurant sales. Management also walked back its guidance that it would return to mid-single-digit same-store sales growth in 2026, saying that its outlook now will depend on the consumer landscape. Instead, it will focus on getting the number of transactions up while keeping price increases to a minimum.

Overall, Chipotle's revenue rose by 7.5% to $3 billion in the quarter, while adjusted earnings per share (EPS) increased by 7.4% to $0.29. That was pretty much in line with analysts' expectations.

Restaurant-level operating margins slipped by 100 basis points to 24.5%. This is an important metric, as it measures how profitable the individual restaurants are. This metric could remain under pressure next year, as the company does not anticipate price increases to keep up with inflationary pressures, which will cut into its gross margin.

The company continued to add new locations. It now expects to open between 315 and 345 restaurants this year, and between 350 and 370 in 2026. Between 10 and 15 of the new locations next year will be in international markets with partners, as it slowly begins to expand outside of North America.

Image source: Getty Images

Is it time to buy the dip?
Chipotle continues to face a difficult environment, but from my own recent experiences, it also continues to not help itself. It has ballooned in size, and now, it needs to keep better track of how some of its locations are being run. This is especially true if Chipotle indeed wants to become more guest-centric.

It still should have levers to pull to eventually help drive same-store sales back upward. These include finally coming up with some strong dessert options, as well as perhaps offering breakfast items. For now, management seems content to focus on using technology to help improve efficiency.

Meanwhile, it still has plenty of opportunity for expansion. Management sees the potential to have as many as 7,000 locations in the U.S., versus the around 4,000 restaurants it has today. Meanwhile, it's still just dipping its toe into international markets.

From a valuation standpoint, the stock now trades at a forward price-to-earnings (P/E) multiple of about 24 based on 2026 estimates. That's one of the cheapest valuations it has been at in years. However, I wouldn't say it's in the bargain bin yet.

All in all, I think Chipotle can be turned around, but it may take some time. Considering its current valuation, I think investors can start accumulating shares on this dip, but I'd be ready to buy more on any further decline.

SummaryMonotaRO, the Japanese business-to-business (B2B) e-commerce platform, was the largest detractor during the quarter.Pawn shop operator FirstCash was the top contributor during the quarter.Aggregates producer Martin Marietta Materials was a top contributor for the period. KanawatTH/iStock via Getty Images

The following segment was excerpted from the Aristotle Global Equity Advisory Q3 2025 Commentary.

Contributors and Detractors for 3Q 2025 Relative Contributors Relative Detractors FirstCash (FCFS) MonotaRO (OTCPK:MONOY) Cameco (CCJ) Nemetschek (OTCPK:NEMTF)

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Beyond Meat is Wall Street's latest meme stock, echoing similarities to prior darlings like GameStop and AMC. Despite it becoming a new trader favorite, smart investors clearly see Beyond Meat's structural issues.

Strong quarterly results weren't enough to stop EBay stock from selling off.

EBay (EBAY 3.03%) stock got hit hard in this week's trading despite a better-than-expected quarterly report from the company. The e-commerce specialist's share price sank 16.4% in the week.

EBay published its third-quarter results on Oct. 29 and reported sales and earnings for the period that outperformed Wall Street's forecasts. Unfortunately, the company showed some margin weakness in the quarter -- and its forward guidance wound up leading to big sell-offs.

Image source: Getty Images.

Q3 beats couldn't prevent sell-offs for EBay stock
EBay notched non-GAAP (adjusted) earnings per share (EPS) of $1.36 on revenue of $2.82 billion in Q3, beating the average Wall Street analyst estimate's call for per-share earnings of $1.33 on revenue of $2.73 billion. Sales were up roughly 9% year over year in the period, and adjusted EPS rose 14% compared to last year's quarter. The company's operating margin declined from 23.1% in last year's quarter to 20.4% in this year's period, and its adjusted operating margin declined from 27.2% to 27.1%.

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What's next for EBay?
EBay actually issued better-than-expected sales guidance for Q4, with its target for sales between $2.83 billion and $2.89 billion coming in well ahead of the average Wall Street target for sales of $2.79 billion in the period. Unfortunately, the revenue guidance came with a pretty significant catch.

For Q4, EBay is guiding for adjusted EPS to be between $1.31 and $1.36. Meanwhile, the average analyst estimate had called for adjusted per-share earnings of $1.39. So, while the business expects to post strong sales this quarter, weakness for margins is causing investors to assign lower valuation multiples to the stock.

Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends eBay. The Motley Fool has a disclosure policy.

Lumen's momentum in the AI space is powering incredible gains for the stock.

Lumen (LUMN 0.58%) stock closed out this week's trading with big gains despite volatile trading Friday. The company's share price surged 27.1% higher across the stretch.

Lumen's valuation soared this week on the heels of a new partnership with Palantir and the announcement of two other deals. The company actually saw a significant pullback after it published its third-quarter earnings, but the stock regained ground after an initial valuation contraction.

Image source: Getty Images.

Lumen rallies on big partnership news
On Oct. 23, Lumen announced that it had entered a partnership with Palantir to support next-generation artificial intelligence (AI) network technologies for enterprises. The bullish momentum from the announcement extended into this week's trading.

Lumen then published a press release on Oct. 28 announcing that it was partnering with QTS Data Centers and would be providing infrastructure technologies to support the company's 16 data centers across the country. The next day, Lumen announced it was teaming up with Commvault on initiatives to improve enterprise data security.

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Lumen shares wobbled following the company's Q3 release
Lumen issued its Q3 report after the market closed on Oct. 31, and shares pulled back the next day despite the company posting stronger-than-anticipated results. The business posted a non-GAAP (adjusted) loss of $0.20 per share on sales of $3.09 billion, topping the average analyst estimates for an adjusted loss of $0.27 on revenue of $3.04 billion.

While the Q3 print came in better than expected, some investors were hoping that the company would raise its full-year performance targets in response to sales momentum for the company's private-connectivity-fabric services. Shares lost ground early in Friday's trading but bounced back as the day progressed, allowing the stock to close out the week with huge gains.

Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Palantir Technologies. The Motley Fool has a disclosure policy.

HomeIndustriesEnergyPublished: Nov. 2, 2025 at 3:27 p.m. ET

The eight nations of OPEC+ announced Sunday they will pause oil-production hikes in the first quarter of 2026, following a modest increase in December, as part of an effort to avoid a glut of crude.

The group of major oil producers, led by Saudi Arabia, said Sunday they will boost output in December by 137,000 barrels a day, the same production boost announced for October and November. But they said they would “pause the production increments” from January to March, “due to seasonality.” The first quarter generally shows weaker demand.

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Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Quantum (QMCO) To Contact Him Directly To Discuss Their Options

If you purchased or acquired securities in Quantum between November 15, 2024, and August 18, 2025 and would like to discuss your legal rights, call Bragar Eagel & Squire partner Brandon Walker or Marion Passmore directly at (212) 355-4648.

Click here to participate in the action.

NEW YORK, Nov. 02, 2025 (GLOBE NEWSWIRE) --

What’s Happening:

Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, announces that a class action lawsuit has been filed against Quantum Corporation (“Quantum” or the “Company”) (NASDAQ:QMCO) in the United States District Court for the District of Colorado on behalf of all persons and entities who purchased or otherwise acquired Quantum securities between November 15, 2024, and August 18, 2025, both dates inclusive (the “Class Period”).Investors have until November 3, 2025 to apply to the Court to be appointed as lead plaintiff in the lawsuit. Allegation Details:

According to the lawsuit, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Quantum Corporation improperly recognized revenue during the fiscal year ended March 31, 2025; (2) as a result, Quantum Corporation would need to restate its previously filed financial statements for the fiscal third quarter ended December 31, 2024; and (3) as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all times. When the true details entered the market, the lawsuit claims that investors suffered damages.
Next Steps:

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

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

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

Contact Information:

Bragar Eagel & Squire, P.C.
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(212) 355-4648
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BERKELEY, Calif., Nov. 02, 2025 (GLOBE NEWSWIRE) -- Caribou Biosciences, Inc. (Nasdaq: CRBU), a leading clinical-stage CRISPR genome-editing biopharmaceutical company, today announced that it will hold a webcast beginning at 8:00 am ET on Monday, November 3, 2025, to report new data from the ANTLER phase 1 clinical trial evaluating vispacabtagene regedleucel (vispa-cel; formerly CB-010), an allogeneic anti-CD19 CAR-T cell therapy, in patients with relapsed or refractory B cell non-Hodgkin lymphoma (r/r B-NHL) and report the first clinical data from the CaMMouflage Phase 1 clinical trial evaluating CB-011, an allogeneic anti-BCMA CAR-T cell therapy, in patients with r/r multiple myeloma. The Company will also report its anticipated pivotal phase 3 trial design for vispa-cel and next steps for the continued clinical development of CB-011.

Geopolitical dynamics caused some big swings for BlackSky stock this week.

BlackSky (BKSY +7.32%) stock suffered a double-digit pullback over the last week of trading. The satellite tech company's share price declined 10.7% across the stretch.

BlackSky saw a valuation contraction this week in response to U.S.-China trade news. On the other hand, the stock did see some recovery momentum in Friday's session following indications that the war between Russia and Ukraine doesn't have an easy end in sight. Even with the pullback, BlackSky stock is up roughly 96% year to date.

Image source: Getty Images.

BlackSky stock sinks amid easing of U.S.-China tensions
President Donald Trump met with Chinese President Xi Jinping in South Korea this week, and the two leaders were able to get a trade deal done at their meeting. While the trade agreement between the two countries was less comprehensive than some investors were hoping for, it does signal a near-term de-escalation in the trade war and other sources of geopolitical tensions. BlackSky provides satellite-based intelligence for military operations, and its stock has seen gains in conjunction with tense dynamics between the U.S. and China.

Russia-Ukraine news prompted some recovery for BlackSky stock
Despite sell-offs for most of the week, BlackSky stock saw rebound momentum in Friday's trading as new developments in the war between Russia and Ukraine hit the wire. Ukraine carried out strikes on Russian oil pipelines on Friday, and news emerged that Russia would be ramping up its bombing campaigns. Talks between the U.S. and Russia regarding nuclear arms also deteriorated. BlackSky has been providing satellite intel services to aid Ukraine's war effort, and it could continue to win contracts related to the conflict.

Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.