Market Signal Briefing

The move aims to boost the price of the Nasdaq-listed stock to appeal to large mutual funds with “minimum stock price threshold limitations.”

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider ANI Pharmaceuticals (ANIP - Free Report) . This company, which is in the Zacks Medical - Biomedical and Genetics industry, shows potential for another earnings beat.

This drugmaker has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 27.26%.

For the last reported quarter, ANI came out with earnings of $1.8 per share versus the Zacks Consensus Estimate of $1.38 per share, representing a surprise of 30.43%. For the previous quarter, the company was expected to post earnings of $1.37 per share and it actually produced earnings of $1.7 per share, delivering a surprise of 24.09%.

Price and EPS Surprise

With this earnings history in mind, recent estimates have been moving higher for ANI. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the company is positive, which is a great sign of an earnings beat, especially when you combine this metric with its nice Zacks Rank.

Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

ANI currently has an Earnings ESP of +1.15%, which suggests that analysts have recently become bullish on the company's earnings prospects. This positive Earnings ESP when combined with the stock's Zacks Rank #2 (Buy) indicates that another beat is possibly around the corner.

With the Earnings ESP metric, it's important to note that a negative value reduces its predictive power; however, a negative Earnings ESP does not indicate an earnings miss.

Many companies end up beating the consensus EPS estimate, though this is not the only reason why their shares gain. Additionally, some stocks may remain stable even if they end up missing the consensus estimate.

Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider AerCap (AER - Free Report) . This company, which is in the Zacks Transportation - Equipment and Leasing industry, shows potential for another earnings beat.

This airplane leasing company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 19.86%.

For the last reported quarter, AerCap came out with earnings of $2.83 per share versus the Zacks Consensus Estimate of $2.75 per share, representing a surprise of 2.91%. For the previous quarter, the company was expected to post earnings of $2.69 per share and it actually produced earnings of $3.68 per share, delivering a surprise of 36.80%.

Price and EPS Surprise

With this earnings history in mind, recent estimates have been moving higher for AerCap. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the company is positive, which is a great sign of an earnings beat, especially when you combine this metric with its nice Zacks Rank.

Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

AerCap has an Earnings ESP of +0.56% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #2 (Buy), it shows that another beat is possibly around the corner. The company's next earnings report is expected to be released on October 29, 2025.

Investors should note, however, that a negative Earnings ESP reading is not indicative of an earnings miss, but a negative value does reduce the predictive power of this metric.

Many companies end up beating the consensus EPS estimate, but that may not be the sole basis for their stocks moving higher. On the other hand, some stocks may hold their ground even if they end up missing the consensus estimate.

Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Weatherford (WFRD - Free Report) . This company, which is in the Zacks Oil and Gas - Field Services industry, shows potential for another earnings beat.

This oilfield service company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 54.26%.

For the most recent quarter, Weatherford was expected to post earnings of $0.97 per share, but it reported $1.87 per share instead, representing a surprise of 92.78%. For the previous quarter, the consensus estimate was $0.89 per share, while it actually produced $1.03 per share, a surprise of 15.73%.

Price and EPS Surprise

Thanks in part to this history, there has been a favorable change in earnings estimates for Weatherford lately. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the stock is positive, which is a great indicator of an earnings beat, particularly when combined with its solid Zacks Rank.

Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Weatherford has an Earnings ESP of +2.39% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #2 (Buy), it shows that another beat is possibly around the corner. The company's next earnings report is expected to be released on October 21, 2025.

Investors should note, however, that a negative Earnings ESP reading is not indicative of an earnings miss, but a negative value does reduce the predictive power of this metric.

Many companies end up beating the consensus EPS estimate, but that may not be the sole basis for their stocks moving higher. On the other hand, some stocks may hold their ground even if they end up missing the consensus estimate.

Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider HCI Group (HCI - Free Report) . This company, which is in the Zacks Insurance - Property and Casualty industry, shows potential for another earnings beat.

This property and casualty insurance holding company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 17.52%.

For the last reported quarter, HCI Group came out with earnings of $5.18 per share versus the Zacks Consensus Estimate of $4.47 per share, representing a surprise of 15.88%. For the previous quarter, the company was expected to post earnings of $4.49 per share and it actually produced earnings of $5.35 per share, delivering a surprise of 19.15%.

Price and EPS Surprise

Thanks in part to this history, there has been a favorable change in earnings estimates for HCI Group lately. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the stock is positive, which is a great indicator of an earnings beat, particularly when combined with its solid Zacks Rank.

Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

HCI Group currently has an Earnings ESP of +87.40%, which suggests that analysts have recently become bullish on the company's earnings prospects. This positive Earnings ESP when combined with the stock's Zacks Rank #2 (Buy) indicates that another beat is possibly around the corner.

With the Earnings ESP metric, it's important to note that a negative value reduces its predictive power; however, a negative Earnings ESP does not indicate an earnings miss.

Many companies end up beating the consensus EPS estimate, though this is not the only reason why their shares gain. Additionally, some stocks may remain stable even if they end up missing the consensus estimate.

Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Bank of America Corporation (NYSE:BAC) is trading higher on Wednesday. The company reported earnings that exceeded analyst estimates. It also increased its forecast.

At least for now, the move higher has stalled at around $52.70. There was resistance at this price before. This is why Bank of America is our Stock of the Day.

Stocks often encounter resistance at levels that have previously been resistance.

As you can see on the chart, there was resistance around $47 in November. There was also resistance in February.

The same thing happened with the $48.50 level. It was resistance in June and then again in July.

Resistance can form at a previous peak when people who bought shares regret doing so when the price drops soon after. Some of them decide to hold onto their losing positions.

Read Also: USA Rare Earth (USAR) Stock Is Falling Wednesday: What’s Driving The Action?

However, they also decide that if they ever have the chance to exit the position at breakeven, they will.

As a result, if and when the stock rallies back to its purchase price, they will place sell orders. If there is a large number of these sell orders, it will cause resistance to form.

Now, Bank of America is hitting resistance around $52.75. As you can see on the chart, this level was at resistance in September. Remorseful buyers selling their stocks have, at least for now, put a top on the price.

Experienced traders recognize the importance of trading and investment psychology in the market. The chart of Bank of America shows how remorseful or regretful buyers can create resistance at former resistance levels.

Sometimes, earnings or fundamentals, such as P/E Ratios, can influence the price of a stock. But most of the time, the moves are the result of emotions and psychology. Traders who understand the importance of these aspects in trading have an edge over those who don't.

Read Next: Soybean Short Squeeze: Cooking Oil Stocks Pop After Trump Targets China

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October 15, 2025 1:15 PM EDT | Source: First Nordic Metals Corp.
Toronto, Ontario--(Newsfile Corp. - October 15, 2025) - First Nordic Metals Corp. (TSXV: FNM) (FNSE: FNMC SDB) (OTCQX: FNMCF) (FSE: HEG0) ("First Nordic") is pleased to announce the closing of its previously announced non-brokered private placement (the "Non-Brokered Private Placement") and its "best efforts" brokered private placement (the "Brokered Private Placement" and together with the Non-Brokered Private Placement, the "Offerings") of subscription receipts raising aggregate gross proceeds of approximately C$80 million.

Pursuant to the Non-Brokered Private Placement, First Nordic issued 178,947,368 subscription receipts (the "Non-Brokered Subscription Receipts") at a price of C$0.38 per Non-Brokered Subscription Receipt (the "Offering Price"), for aggregate gross proceeds of approximately C$68,000,000.

The Brokered Private Placement was led by Desjardins Capital Markets ("Desjardins"), as lead agent and sole bookrunner, for and on behalf of a syndicate of agents including H&P Advisory Limited and Haywood Securities Inc. (collectively, the "Agents"). Pursuant to the Brokered Private Placement, First Nordic issued a total of 31,578,947 subscription receipts (the "Brokered Subscription Receipts") at the Offering Price, for aggregate gross proceeds of approximately C$12,000,000.

On September 14, 2025, First Nordic and Mawson Finland Limited ("Mawson") entered into a definitive arrangement agreement (the "Arrangement Agreement") pursuant to which First Nordic agreed to acquire all the issued and outstanding common shares of Mawson by way of a plan of arrangement (the "Transaction", with First Nordic following completion of the Transaction referred to herein as "NordCo Gold"). Refer to the press release of First Nordic and Mawson dated September 15, 2025 for further details on the Transaction.

Each Brokered Subscription Receipt and Non-Brokered Subscription Receipt (together, the "Subscription Receipts") entitle the holders thereof to receive, for no additional consideration and without further action on part of the holder thereof, at the effective time of the Transaction, one (1) common share of NordCo Gold (to be adjusted to reflect a 4:1 consolidation to be completed by First Nordic prior to completion of the Transaction (the "Consolidation"), such shares being, the "NordCo Gold Shares"). The Subscription Receipts are subject to a statutory four-month hold period; however, the underlying NordCo Gold Shares will not be subject to a statutory hold period under applicable Canadian securities laws once issued in connection with the completion of the Transaction.

Proceeds from the Offerings will be used to fund exploration programs across the combined portfolio of NordCo Gold, for costs related to the Transaction and for working capital and general corporate purposes.

The proceeds of the Offerings, net of certain expenses and 50% of the Agents' Fee (as defined below), are held in escrow pending the satisfaction of the escrow release conditions, including the satisfaction of the conditions to the closing of the Transaction, and certain other customary conditions.

In connection with the Non-Brokered Private Placement, First Nordic will pay aggregate cash finder's fees of C$258,000 to certain finders and will issue an aggregate of 1,091,273 NordCo Gold Shares (to be adjusted to reflect the Consolidation) (the "Finder Shares") to certain other finders, in each case, for their efforts in placing subscriptions under such financing (collectively, the "Finders' Fees"). In addition, First Nordic will issue an aggregate of 3,568,563 NordCo Gold Shares (to be adjusted to reflect the Consolidation) (the "Corporate Advisory Shares") to an advisor in connection with providing corporate advisory services for the Non-Brokered Private Placement (the "Corporate Advisory Fee"). In connection with the Brokered Private Placement, First Nordic will pay the Agents a cash commission of C$720,000, being 6.0% of the gross proceeds of the Brokered Private Placement (the "Agents' Fee"). Payment of the Finders' Fees, Corporate Advisory Fee and the remainder of the Agents' Fee will be made upon the release from escrow of the proceeds of the Offerings. The Finder Shares and the Corporate Advisory Shares will be issued at a deemed price per share equal to the Offering Price and will be subject to a four-month statutory hold period under applicable Canadian securities laws

Certain insiders of First Nordic subscribed for a total of 1,447,650 Non-Brokered Subscription Receipts under the Non-Brokered Private Placement. Each subscription by an insider of First Nordic is considered a "related party transaction" of First Nordic within the meaning of TSXV Policy 5.9 and Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). Subscriptions by insiders of First Nordic in the Non-Brokered Private Placement are exempt from the formal valuation requirement of MI 61-101 in reliance on Section 5.5(a) of MI 61-101 and the minority shareholder approval requirement of MI 61-101 in reliance on Section 5.7(1)(a) as the fair market value of the Non-Brokered Private Placement, insofar as it involves subscriptions from such insiders, is not more than 25% of First Nordic's market capitalization.

Stikeman Elliott LLP acted as counsel for First Nordic in connection with the Offerings. Peterson McVicar LLP acted as counsel for Mawson in connection with the Offerings. Wildeboer Dellelce LLP acted as counsel for the Agents in connection with the Brokered Private Placement.

The Offerings, including payment of the Finders' Fees and Corporate Advisory Fee in connection therewith, remain subject to the final acceptance of the TSX Venture Exchange (the "TSXV").

The Subscription Receipts have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any State in which such offer, solicitation or sale would be unlawful.

Transaction Update

Mawson has called a special meeting of its shareholders to approve the Transaction on December 4, 2025 (the "Meeting"). Subject to receipt of the approval of 66⅔% of the votes cast by Mawson shareholders at the Meeting, approval of the Ontario Superior Court of Justice (Commercial List), final acceptance of the TSXV of the Arrangement and satisfaction or waiver of the other closing conditions set out in the Arrangement Agreement, the Transaction is expected to close in December 2025.

About First Nordic Metals Corp.

First Nordic Metals Corp. is a Canadian-based gold exploration company, consolidating assets in Sweden and Finland, with a vision to create Europe's next gold camp. First Nordic's flagship asset is the Barsele gold project in northern Sweden, a joint venture project with senior gold producer Agnico Eagle Mines Limited. Immediately surrounding the Barsele project, First Nordic is 100%-owner of a district-scale license position comprised of two additional projects (Paubäcken, Storjuktan), which combined with Barsele, total approximately 80,000 hectares on the Gold Line greenstone belt. Additionally, in northern Finland, First Nordic is the 100%-owner of a district-scale position covering the entire underexplored Oijärvi greenstone belt, including the Kylmäkangas deposit, the largest known gold occurrence on this belt.

Neither 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 news release. No securities regulatory authority has reviewed or approved of the contents of this news release.

Forward-looking Information:

All statements, trend analysis and other information contained in this press release about anticipated future events or results constitute forward-looking statements. Forward-looking statements are often, but not always, identified using words such as "seek", "anticipate", "believe", "plan", "estimate", "expect" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions. All statements, other than statements of historical fact, included herein, including, without limitation, statements regarding the intended use of proceeds of the Offerings; payment of the Finders' Fees and the Corporate Advisory Fee and the issuance of the Finders' Shares and the Corporate Advisory Shares; statements relating to the Consolidation; and receipt of final acceptance of the TSXV. Although the forward-looking statements contained in this news release are based upon what management believes, or believed at the time, to be reasonable assumptions, First Nordic cannot assure readers that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Such factors include, among others, risks relating to the timing and ability of First Nordic to obtain and the timing of the approval of relevant regulatory bodies, if at all; risks relating to property interests; risks related to access to First Nordic's projects; risks inherent in mineral exploration, including the fact that any particular phase of exploration may be unsuccessful; geo-political risks; the global economic climate; metal prices; environmental risks; political risks; and community and nongovernmental actions. Neither First Nordic nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking statements. First Nordic does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law.

NOT FOR DISTRIBUTION TO UNITED STATES NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270537

Jeff Bezos’ ownership stake in Amazon has fallen below 10% for the first time in the company’s history — marking a milestone in the billionaire’s decades-long relationship with the e-commerce giant he built from a Seattle garage.

The Amazon founder disclosed in a Tuesday securities filing that he now holds roughly 9% of the company’s outstanding shares after unloading more than 100 million shares over the past year.

A year ago, Bezos controlled about 10.1% of the company, according to regulatory records. When Amazon went public in 1997, he owned more than 43%.

Jeff Bezos’ ownership stake in Amazon has fallen below 10% for the first time in the company’s history. Getty Images
Bezos’ latest divestments are part of a broader stock-selling spree that began after he stepped down as CEO in 2021 and handed day-to-day operations to successor Andy Jassy.

At that time, he still held about 14% of the company, filings show.

In February, Bezos filed to sell 25 million shares — a move that would net roughly $5 billion based on Amazon’s stock price at the time.

A subsequent filing in August revealed plans for another 25 million-share sale worth an estimated $5.4 billion.

He also donated more than 500,000 Amazon shares to charity in recent months, according to SEC disclosures.

Amazon’s stock has soared 38% since late April, giving Bezos an ideal window to cash out portions of his holdings.

A year ago, Bezos controlled about 10.1% of the company, according to regulatory records. When Amazon went public in 1997, he owned more than 43% of it. AFP via Getty Images
The boom came as investors bet heavily on the company’s artificial intelligence push and cost-cutting drive under Jassy.

Even factoring in the sell-offs, Bezos remains one of the world’s richest individuals, with Bloomberg placing his net worth at about $240 billion. That trails the fortunes of only Tesla CEO Elon Musk and French luxury titan Bernard Arnault.

Bezos’ exit from Amazon’s corner office has freed him to focus on other ventures, including The Washington Post, which he bought in 2013, and his aerospace company, Blue Origin.

Both have undergone management shakeups in recent months as he looks to reboot performance.

At a New York Times conference last year, Bezos said “turning around The Washington Post” was among his top priorities.

Bezos’ ex-wife, philanthropist MacKenzie Scott, has also been trimming her Amazon stake. A regulatory filing viewed by Bloomberg this month showed that Scott cut her holdings by about 42% over the past year. Getty Images
“I have a bunch of ideas, and I am working on that right now,” he said.

“We saved The Washington Post once — this will be the second time.”

Under Bezos, the Washington Post has undergone a sweeping overhaul this year, merging key newsroom divisions, cutting about 4% of its staff and shifting to a digital-first approach amid falling subscriptions.

Bezos also refocused the opinion section around themes of free markets, patriotism and personal liberty — prompting both leadership shakeups and subscription cancellations.

The 60-year-old mogul — who married former TV anchor Lauren Sánchez in a star-studded Venice wedding in June attended by Oprah Winfrey and Leonardo DiCaprio — has become a regular presence in Los Angeles social and business circles.

Bezos has regularly used stock sales to fund his space ambitions for Blue Origin and for other private projects. He previously said he intends to give away most of his wealth during his lifetime.

The 60-year-old mogul married former TV anchor Lauren Sánchez in a star-studded Venice wedding in June. ZUMAPRESS.com
His ex-wife, philanthropist MacKenzie Scott, has also been trimming her Amazon stake.

A Tuesday regulatory filing viewed by Bloomberg showed that Scott cut her holdings by about 42% — roughly $12.6 billion — over the past year.

Scott, who walked away with 4% of Amazon in their 2019 divorce, now owns about 81 million shares. The 55-year-old has donated more than $19 billion to charitable causes since the split.

Bezos’ gradual pullback from Amazon contrasts sharply with his early years, when his stake represented nearly half of the company. He serves as executive chairman and retains significant influence even as his ownership stake approaches single digits.

When Amazon went public at $18 per share in 1997, it raised about $54 million and instantly made Bezos a multimillionaire.

His holdings soared in value through the dot-com boom and subsequent waves of expansion that transformed the online bookseller into a trillion-dollar global powerhouse.

Bezos’ latest divestments are part of a broader stock-selling spree that began after he stepped down as CEO in 2021. AFP via Getty Images
After 27 years at the helm, Bezos stepped aside as CEO in July 2021 and handed control to Jassy — a longtime lieutenant who led Amazon Web Services.

Since taking over, Jassy has made his own mark by expanding the company’s sports-rights portfolio, including a blockbuster Thursday Night Football deal and a new pact with the NBA expected to begin later this month.

Bezos’ share sales this year have been executed through prearranged 10b5-1 trading plans, a mechanism designed to prevent insider trading by scheduling transactions in advance.

Neither Bezos nor Amazon immediately responded to Post requests for comment Wednesday.

LOS ANGELES, Oct. 15, 2025 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP reminds investors of the upcoming November 18, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Quanex Building Products Corporation (“Quanex” or the “Company”) (NYSE: NX) securities between December 12, 2024 and September 5, 2025, inclusive (the “Class Period”).

IF YOU SUFFERED A LOSS ON YOUR QUANEX INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS UNDER THE FEDERAL SECURITIES LAWS.

What Happened?
On September 4, 2025, after the market closed, Quanex announced financial results for the third quarter of the 2025 fiscal year. Among other things, the Company disclosed “operational issues related to the legacy Tyman window and door hardware business in Mexico that are ongoing” which “impacted results more than expected during the third quarter of 2025.” Specifically, the Company reported a diluted EPS of ($6.04), compared to $0.77 in the prior year period and an adjusted EBIDTA of $70.30. The Company further disclosed that it was “adjusting for lower expected volumes and pushing out the timing of when [it] expect[s] to realize procurement savings” from the integration of the Tyman business.

Then, on September 5, 2025, the Company held an earnings call pursuant to the Company’s third quarter 2025 financial results. During the earnings call, Chief Executive Officer, George Wilson (“Wilson”) explained “operational challenges” in the Tyman facility in Mexico “negatively impacted EBITDA in the Hardware Solutions segment by almost $5 million in the third quarter alone.” Wilson further explained that the issue was previously “identified midyear” as it got “deeper into the integration” with Tyman, and described how the systems used to “anticipate and plan for tooling repairs” were significantly deficient, indicating it was near “nonexistent.” Wilson stated because Quanex was “underinvested” in “the tooling condition and the equipment condition” it “had to make some changes and fix some things before it was catastrophic.”

On this news, Quanex’s stock price fell $2.73, or 13.1%, to close at $18.18 per share on September 5, 2025, on unusually heavy trading volume. The stock price continued to decline on the subsequent trading day, falling $1.98 or 10.9%, to close at $16.20 per share on September 8, 2025, on unusually heavy trading volume.

What Is The Lawsuit About?
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors: (1) the Company’s procedures and policies regarding tooling and equipment maintenance in its Tyman Mexico facility were significantly “underinvested”; (2) as a result, the Company’s tooling and equipment conditions had significantly degraded to near “catastrophic” levels; (3) that, as a result of the foregoing, the Company was likely to incur significant costs, “pushing out the timing” of expected benefits from the Tyman integration; (4) that Quanex had previously identified the foregoing issues; and (5) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

If you purchased or otherwise acquired Quanex securities during the Class Period, you may move the Court no later than November 18, 2025 to request appointment as lead plaintiff in this putative class action lawsuit.

Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Charles Linehan, Esq.,
Glancy Prongay & Murray LLP,
1925 Century Park East, Suite 2100,
Los Angeles California 90067
Email: [email protected]
Telephone: 310-201-9150,
Toll-Free: 888-773-9224
Visit our website at www.glancylaw.com.
Follow us for updates on LinkedIn, Twitter, or Facebook.

If you inquire by email, please include your mailing address, telephone number and number of shares purchased.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact Us:
Glancy Prongay & Murray LLP,
1925 Century Park East, Suite 2100
Los Angeles, CA 90067
Charles Linehan
Email: [email protected]
Telephone: 310-201-9150
Toll-Free: 888-773-9224
Visit our website at: www.glancylaw.com.

Key Takeaways Royal Gold sold 48,000 GEOs in Q3 2025, up 18% from the prior quarter.Average realized gold, silver and copper prices rose sequentially in Q3.The Zacks Consensus Estimate projects Q3 EPS of $2.19, up from $1.47 a year earlier.
Royal Gold, Inc. (RGLD - Free Report) issued a stream segment sales update for third-quarter 2025. In the quarter, RGLD Gold AG — the fully owned subsidiary of Royal Gold — sold 48,000 gold equivalent ounces (GEOs), comprising 38,600 ounces of gold, 594,500 ounces of silver and 1,200 tons of copper related to its streaming agreements.

This marks an increase from 40,600 GEOs sold in the second quarter of 2025 but a dip from 53,800 GEOs sold in the third quarter of 2024.

RGLD Sees Q/Q Rise in Metal PricesThe average realized price of gold was $3,415 per ounce in the third quarter compared with $3,248 per ounce in second-quarter 2025. The average realized price of silver stood at $37.90 per ounce, up from the second quarter’s $32.91. Average realized copper prices were $9,660 per ton, up 4.9% sequentially. The company ended the quarter with 19,000 ounces of gold and 379,200 ounces of silver in inventory.

In the third quarter of 2024, the average realized price of gold was $2,459 per ounce. The average realized price of silver stood at $29.10 per ounce, and the average realized copper price was $9,141 per ton.

In the third quarter of 2025, the cost of sales came in at $653 per GEO compared with the prior quarter’s $596.

Royal Gold’s Results Continue to Benefit From Higher PricesIn second-quarter 2025, Royal Gold generated record revenues of $210 million, up 20.4% year over year. The upside was driven primarily by higher metal prices and gold production from Peñasquito and Manh Choh. However, the gains were partially offset by lower gold sales from Xavantina.

Stream revenues were $133 million and royalty revenues were $77 million in the June-end quarter. Stream revenues increased 8.3% year over year, whereas royalty revenues improved 49.7%.

Royal Gold reported adjusted earnings per share of $1.81 in second-quarter 2025, beating the Zacks Consensus Estimate of $1.70. The bottom line increased 45% year over year.

Royal Gold’s third-quarter revenues will also likely reflect the impacts of year-over-year increases in gold, silver and copper prices that will help offset the impact of lower sales compared to the prior-year quarter.

The Zacks Consensus Estimate for the company’s third-quarter earnings is pegged at $2.19. Notably, RGLD reported earnings of $1.47 in the third quarter of 2024.

Royal Gold has a four-quarter trailing earnings surprise of 8.9%, on average.

RGLD Stock’s Price PerformanceIn the past year, the company’s shares have gained 36.9% compared with the industry’s growth of 86.6%.

Image Source: Zacks Investment Research

Royal Gold’s Zacks Rank & Stocks to ConsiderRGLD currently has a Zacks Rank #4 (Sell).

Some better-ranked stocks from the basic materials space are DRDGOLD Limited (DRD - Free Report) , Agnico Eagle Mines (AEM - Free Report) and Carpenter Technology Corporation (CRS - Free Report) . While DRD sports a Zacks Rank #1 (Strong Buy) at present, AEM and CRS have a Zacks Rank #2 (Buy) each. You can see the complete list of today’s Zacks #1 Rank stocks here.

The consensus estimate for DRDGOLD’s 2025 earnings is pegged at $1.62 per share. The estimate indicates year-over-year growth of 13.3%. DRDGOLD’s shares have surged 175% in a year.

The consensus estimate for Agnico Eagle Mines’ 2025 earnings is pegged at $6.94 per share. The estimate indicates year-over-year growth of 64.1%. It has an average trailing four-quarter earnings surprise of 10%. Agnico Eagle Mines’ shares have surged 121% in a year.

The Zacks Consensus Estimate for Carpenter Technology’s 2025 earnings is pegged at $9.53 per share, indicating year-over-year growth of 23.7%. Carpenter Technology’s shares jumped 52.3% last year.

October 15, 2025 1:23 PM EDT | Source: Canagold Resources Ltd.
Vancouver, British Columbia--(Newsfile Corp. - October 15, 2025) - Canagold Resources Ltd. (TSX: CCM) (OTCQB: CRCUF) (FSE: CANA) ("Canagold" or the "Company") is pleased to announce the appointment of Mr. Collen Middleton, as Vice President Permitting and Compliance.

"I am very pleased to welcome Collen to the Canagold team," said Catalin Kilofliski, CEO of Canagold. "He brings a strong track record in navigating complex regulatory processes and a deep commitment to responsible resource development. The addition of a second senior permitting officer to support Mr. Chris Pharness, Senior Vice President of Sustainability and Permitting, further strengthens our permitting expertise and overall team permitting capacity. We remain fully committed to advancing the New Polaris permitting process efficiently and through meaningful stakeholder engagement."

Collen Middleton is a Registered Professional Biologist with over 20 years of experience in environmental consulting and regulatory permitting across western Canada. His work spans metals and coal mining, major infrastructure, and energy projects. Specializing in pre-development permitting and consultation, he has supported both industry and Indigenous governments. With a background in soil and water science, reclamation, and wetlands, Collen has shared his expertise widely through conferences and served four years on the Board of the Alberta Society of Professional Biologists.

About Canagold

Canagold Resources Ltd. is an advanced development company dedicated to advancing the New Polaris Project through feasibility, permitting, and production stages. Additionally, Canagold aims to expand its asset base by acquiring advanced projects, positioning itself as a leading project developer. With a team of technical experts, the Company is poised to unlock substantial value for its shareholders.

"Catalin Kilofliski"
_____________________

Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/270551

LOS ANGELES, Oct. 15, 2025 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP reminds investors of the upcoming November 3, 2025 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Quantum Corporation (“Quantum” or the “Company”) (NASDAQ: QMCO) securities between November 15, 2024, and August 18, 2025, inclusive (the “Class Period”).

IF YOU SUFFERED A LOSS ON YOUR QUANTUM INVESTMENTS, CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING CLAIMS TO RECOVER YOUR LOSS UNDER THE FEDERAL SECURITIES LAWS.

What Happened?
On June 30, 2025, Quantum disclosed that it would be unable to timely file its annual financial report for the fiscal year 2025 as it is “reviewing its accounting related to certain revenue contracts as well as the application of standalone selling price under applicable accounting standards.”

On this news, Quantum’s stock price fell $1.00, or 10.03%, to close at $8.97 per share on June 30, 2025, thereby injuring investors.

Then, on August 8, 2025, Quantum announced that its third quarter 2024 financial statements “should no longer be relied upon” due to “deficiencies in the Company’s internal control over financial reporting and the Company’s disclosure controls and procedures that constituted material weaknesses.” The Company further disclosed that the affected financial statements would be restated to show a new decrease of approximately $3.9 million in revenue.

On this news, Quantum’s stock price fell $0.14, or 1.79%, to close at $7.66 per share on August 11, 2025.

Then, on August 18, 2025, Quantum disclosed that its CEO would be resigning from the role after only five months in the position.

On this news, Quantum’s stock price fell $0.61, or 8.2%, to close at $6.83 per share on August 19, 2025, thereby injuring investors further.

What Is The Lawsuit About?
The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and/or misleading statements, as well as failed to disclose material adverse facts about the Company’s business, operations, and prospects. Specifically, Defendants failed to disclose to investors that: (1) Quantum improperly recognized revenue during the fiscal year ended March 31, 2025; (2) as a result, Quantum would need to restate its previously filed financial statements for the fiscal third quarter ended December 31, 2024; and (3) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

If you purchased or otherwise acquired Quantum securities during the Class Period, you may move the Court no later than November 3, 2025 to request appointment as lead plaintiff in this putative class action lawsuit.

Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:
Charles Linehan, Esq.,
Glancy Prongay & Murray LLP,
1925 Century Park East, Suite 2100,
Los Angeles California 90067
Email:  [email protected]
Telephone: 310-201-9150,
Toll-Free: 888-773-9224
Visit our website at www.glancylaw.com.
Follow us for updates on LinkedIn, Twitter, or Facebook.

If you inquire by email, please include your mailing address, telephone number and number of shares purchased.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact Us:
Glancy Prongay & Murray LLP,
1925 Century Park East, Suite 2100
Los Angeles, CA 90067
Charles Linehan
Email:  [email protected]
Telephone: 310-201-9150
Toll-Free: 888-773-9224
Visit our website at: www.glancylaw.com.

Key Takeaways Centrus Energy posted $227.6M in 1H25 revenues, down 2% year over year.LEU segment's revenues fell 8% with no uranium sales, offsetting 66% growth in Technical revenues.2025 revenues are projected at $454M, driven by SWU strength and uranium sales later in the year.
Centrus Energy (LEU - Free Report)  reported total revenues of $227.6 million in the first half of 2025, reflecting a 2% decline year over year. This was mainly attributed to lower results in its Low-Enriched Uranium segment due to the absence of uranium sales during this period. The segment’s weak performance offset the 66% surge in the Technical segment’s revenues.

The company’s Low-Enriched Uranium segment generates revenues from the sales of the Separative Work Units (SWU) component of low-enriched uranium, natural uranium hexafluoride, uranium concentrates and products. Revenues in the first half of 2025 for the segment were reported at $177 million, an 8% decline year over year. This mainly resulted from SWU revenues, at $177 million, which was 8% higher than the $163 million in the first half of 2024. A 24% increase in the average price of SWU sold was offset by a 12% decrease in the volume of SWU sold. In contrast, the company did not generate any uranium revenues in the first half, in contrast to the $29.9 million of uranium revenues in the first half of 2024.

In 2024, Centrus Energy’s total revenues climbed 38% to $442 million. Of this, the LEU segment’s revenues contributed $349.9 million, with uranium revenues jumping 70% year over year. This was aided by a 50% increase in the average price of uranium sold and a 13% increase in the sales volume. SWU revenues were up 19% in 2024 and the Technical segment’s revenues were up 80% to $92.1 million.

Uranium prices had been under pressure earlier this year due to oversupply and uncertain demand. Prices surged to $83.50 per pound in September, the highest in nearly a year, fueled by growing expectations of expanded nuclear power capacity, fresh purchases by physical uranium funds and policy initiatives. The United States has announced it would boost its strategic uranium reserve. India aims to boost its nuclear capacity to at least 100 GW by 2047, and the United States plans to quadruple its nuclear capacity to 400 GW by 2050.

The U.S. and the U.K. governments recently signed the Technology Prosperity Deal, which seeks to accelerate reactor approvals and aid the U.K. in achieving complete independence from Russian nuclear fuel by the end of 2028. Additionally, with Cameco (CCJ - Free Report) lowering its 2025 guidance and Kazatomprom reducing its output by 10% for next year, supply concerns have been triggered, supporting prices.

Against this favorable backdrop, Centrus Energy’s 2025 revenues are expected to reach $454 million, suggesting a 2.75% increase year over year. These factors include ongoing strength in the SWU and Technical segment and uranium sales in the back half of the year.

How Did Peers Fare in 1H25?Energy Fuels Inc. (UUUU - Free Report) reported revenues of $21 million in the first half of 2025, marking a 38% plunge from the year-ago period. The decline was mainly due to lower uranium sales as a result of contract delivery timing and the decision to retain uranium in inventory amid low prices. Revenues from Heavy Mineral Sands were $15.82 million for the six months ended June 30, 2025, providing partial support.

Energy Fuels sold 50,000 pounds of uranium in the spot market, generating $3.85 million, at an average price of $77 per pound in the first half of 2025. Notably, the company sold 400,000 pounds of uranium in the first half of 2024, with a weighted-average sales price of $84.76 per pound.

Energy Fuels plans uranium sales of 350,000 pounds this year.  This, however, did not consider any spot sales the company may make in case prices go up.

Cameco’s total revenues in the first half of 2025 increased 35% year over year to CAD 1,666 million ($1,184 million). Uranium revenues were up 27% to CAD 1,324 million ($941 million), driven by a 16% rise in sales volume and an increase of 10% in the Canadian dollar average realized price, which benefited from fixed-price contracts, even though U.S. dollar spot prices fell 24%.

Cameco has delivered 15.6 million pounds of uranium so far in 2025, reaching the halfway mark of its full-year target of 31-34 million pounds.

LEU’s Price Performance, Valuation & EstimatesCentrus Energy shares have soared 494.8% so far this year compared with the industry’s 27.3% growth.

Image Source: Zacks Investment Research

LEU is trading at a forward 12-month price/sales multiple of 14.59X, a significant premium to the industry’s 3.67X. It has a Value Score of F.

Image Source: Zacks Investment Research

The Zacks Consensus Estimate for Centrus Energy’s 2025 earnings is pegged at $4.32 per share, indicating a 3.4% year-over-year decline. The same for 2026 is $3.25, indicating a decline of 24.7%.

Here is how the EPS estimates for 2025 and 2026 have been revised over the past 60 days.

Image Source: Zacks Investment Research

The company currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Meta Platforms Inc (NASDAQ:META, ETR:FB2A, SWX:FB) is planning a $1.5 billion investment in an AI-focused data center in Texas, part of a broader effort to develop extensive AI infrastructure across the United States, the company announced on Wednesday.

The Texas facility is one of several locations under consideration, including Louisiana and Wyoming, with potential total investments reaching up to $200 billion.

The El Paso, Texas site is notable for leveraging a deregulated energy market to secure approximately 1,800 MW of renewable energy, highlighting Meta’s focus on sustainable energy use and grid modernization.

The project aligns with the company’s larger strategy of deploying large-scale data center campuses dedicated to artificial intelligence computing.

It supports the company’s goal of scaling AI compute capacity in 2025 and beyond.

Meta CEO Mark Zuckerberg has outlined plans to invest $60 billion to $65 billion in AI infrastructure in 2025, concentrating on data centers and servers.

The company aims to bring 1 gigawatt of compute online this year and deploy over 1.3 million GPUs by the end of 2025.

Separately, it was also announced on Wednesday that Meta has partnered with UK-based chip designer Arm Holdings PLC (NASDAQ:ARM) to develop specialized small language models (SLMs) optimized for on-device and edge AI computing, allowing complex tasks to be performed directly on devices such as smartphones.

The collaboration involves optimizing AI frameworks like PyTorch and ExecuTorch and tailoring Meta’s Llama large language models (LLMs) to run efficiently on Arm CPUs.

“AI’s next era will be defined by delivering efficiency at scale,” Arm CEO Rene Haas said in a statement. “Partnering with Meta, we’re uniting Arm’s performance-per-watt leadership with Meta’s AI innovation to bring smarter, more efficient intelligence everywhere — from milliwatts to megawatts.” 

Shares of Meta added 0.4% at about $711 following the updates, while Arm’s US-listed shares gained 0.2% at $168.

U.S. Treasury Secretary Bessent on Wednesday said that the recent stock market decline will not influence Washington's China policy, while Bitcoin (CRYPTO: BTC) languishes around $111,000 as traders hope for a potential October rebound.

Bessent Rejects Market Pressure, Calls For Allied ResponseSpeaking during IMF World Bank Week, Bessent said investors were overly focused on the latest market pullback and trade friction with Beijing. 

"The market lately has been more concerned about trade than the government shutdown," she noted, adding that recent rare-earth export restrictions from China were part of a broader geopolitical play.

Bessent said China's retaliatory stance stemmed from an August threat by a "lower-level trade person" and confirmed that the U.S. and its allies plan a coordinated response. 

"This is China versus the world," she said. "We have things more powerful than the rare-earth export controls they want to put on."

She added that Washington is working closely with Europe, Australia, Canada, India, and "the Asian democracies" to ensure that "bureaucrats in China cannot manage the supply chain or manufacturing process for the rest of the world."

‘We Won't Negotiate Because The Market Is Down'Asked about the recent market decline, Bessent dismissed suggestions that the administration's trade stance would soften. 

"If we have to take strong measures against the Chinese, it won't be because the stock market is going down," she said.

Bessent emphasized that President Donald Trump's strategy of reshoring critical industries — including semiconductors, shipbuilding, and pharmaceuticals — remains a central goal. 

"We don't want to decouple with China, but this rare-earth export control is a sign of decoupling," she said, calling the issue "decades in the making."

She also confirmed that the planned Trump-Xi meeting remains on schedule, citing continued "high-level communication" and "an excellent relationship between the two leaders."

Bitcoin Eyes Breakout As Uptober Momentum Builds

BTC Key Technical Levels (Source: TradingView)

Bitcoin has slipped back toward $111,000 but continues to respect its broader ascending trendline, preserving its bullish market structure. 

The $108,000–$110,000 zone remains a key demand area, repeatedly attracting dip buyers.

Momentum indicators have stabilized, with a move above $116,800 likely to signal renewed strength. 

Should buyers regain control, resistance at $124,500 and $128,000 could come into play later this month.

A confirmed breakout above those levels could unlock a larger rally, potentially targeting the $150,000 region in the coming months.

Meanwhile, Solana (CRYPTO: SOL) and other DeFi-linked tokens may benefit from risk-off rotation, with analysts watching for potential 10–15% gains if liquidity flows toward blockchain-based alternatives.

Read Next:

Waymo Eyes London As Next Stop In Global Driverless Expansion
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Quick Facts:

1️⃣ Representative Troy Downing (R-Mont.) introduced a bill codifying Trump’s Executive Order 14330.
2️⃣ The executive order opens the $12T 401(k) market to crypto investors.
3️⃣ Both the executive order and the bill are infrastructure plays, setting up other projects like Bitcoin Hyper ($HYPER) for long-term growth.

Did you hear about US President Donald Trump’s move to open the $12T 401(k) retirement market to crypto?

When the news broke weeks ago, there was the usual doubt about what the exact outcome would be. Now we’re one step closer to finding out; U.S. Republicans are pushing legislation to enshrine in law President Trump’s executive order that allows crypto exposure in 401(k) plans.

It’s not a stretch to say that the move could utterly transform the crypto market, and not just for Bitcoin and Ethereum. The size of the 401(k) market is so large that even a small percentage of the total assets being moved to crypto would significantly reshape the current crypto economy.

The trickle-down impact would extend beyond $BTC and $ETH, opening the door for key infrastructure projects, such as Bitcoin Hyper ($HYPER), to gain momentum.

From Executive Order to Federal Law
Earlier this year, Trump issued Executive Order 14330, instructing the Department of Labor to permit ‘alternative assets,’ including digital assets, in retirement plans if fiduciaries deem them appropriate.

With the order, Trump cracked open the door for crypto to enter the 401(k) and broader retirement market in the US. That’s a huge market segment – by one estimate, the total funds held by all retirement accounts exceed $45T.

And defined contribution plans – mostly 401(k)s – account for $13T of that market.

However, even executive orders from Donald Trump lack permanence; they can be overturned or modified by future administrations. To address that, Representative Troy Downing has introduced the Retirement Investment Choice Act, a one-page bill that would give Trump’s guidelines the ‘force and effect of law.’

If enacted, this bill would permanently bind the retirement rule into federal statute.

Under the original executive order, the Labor Department has 180 days to propose rule changes that would allow plan sponsors to include cryptocurrencies and other alternative assets.

However, it’s not all easy-going. Real-world challenges, including the ongoing government shutdown, could delay the process.

Meanwhile, nine members of Congress have urged the SEC to accelerate implementation, pointing out that it’s not simply about the size of the 401(k) market cap; nearly 90M investors currently lack access to alternative assets under existing rules.

Open the Capital Floodgates for Crypto
The implications for capital flows into digital assets are eye-watering. If even just 1 % of U.S. 401(k) assets were allocated to crypto, analysts estimate it could funnel $122B into crypto markets. That figure climbs to approximately $360B if allocations reach 3%.

It’s not like there isn’t already an institutional appetite: BlackRock’s IBIT spot Bitcoin ETF just passed the $100B AUM mark and shows little sign of slowing down. The total AUM of the $BTC ETF sits around $160B, with impressive growth over the past year.

What Crypto 401(k)s Mean for Altcoins
The best options to buy focus not just on short-term plays, but on long-term infrastructure. That’s exactly the kind of approach that fits hand-in-glove with Trump’s executive order and the new bill.

By incorporating crypto into retirement accounts, the financial industry could simultaneously boost the development and stability of digital assets. The move could achieve:

Broader institutional legitimization: Including crypto in retirement portfolios could shift perceptions, reducing the stigma associated with volatility and risk.
Greater capital dispersion: As ETFs covering altcoins become available (from Bitcoin to Ethereum and Solana), investors should diversify, supporting a wider range of protocols.
Reduced correlation to speculative markets: Retirement allocations tend to be longer-term and more stable, which could cushion crypto markets from extreme short-term swings.

Viewed that way, Trump’s executive order and Downing’s proposed bill are actually infrastructure plays, setting the stage for crypto to enter its next growth phase.

That’s where Bitcoin Hyper ($HYPER) comes in, bringing its own upgrade to Bitcoin’s limited architecture.

Bitcoin Hyper ($HYPER) – Whale Buys Boost Infrastructure Play, Raise $23.7M for Bitcoin Layer 2
Bitcoin is big, bad, and the poster child for crypto.

Too bad it’s not exactly what the original white paper intended.

Satoshi entitled the whitepaper a ‘Peer-to-Peer Electronic Cash System.’ While Bitcoin has succeeded wildly as a store of value, it hasn’t performed as well as an actual payment system.

That’s partly because Bitcoin is secure, stable, and slow. A low throughput and limited TPS (averaging 7) pales in comparison to Visa’s 65K TPS, or even the several thousand TPS offered by Solana.

Bitcoin Hyper ($HYPER) addresses these weaknesses by utilizing a canonical bridge to the Solana Virtual Machine, thereby combining Bitcoin’s stability with Solana’s flexibility.

The resulting hybrid architecture utilizes the bridge to wrap $BTC onto the Bitcoin Hyper Layer 2, where it can be used for everything from DeFi to microtransactions, thanks to the SVM’s vastly higher throughput and lower fees.

What is Bitcoin Hyper? It’s the upgrade Bitcoin needed, and there’s an immense amount of buzz around the project with whale buys pouring in:

$379K whale buy
$274K whale buy
$74.9K whale buy

Our own price prediction thinks the token has a legitimate chance to move from $0.013115 to $0.32 by the end of the year. If 2339% gains sound decent to you, learn how to buy Bitcoin Hyper.

Visit the $HYPER presale page to learn more.

In the meantime, while the path from bill introduction to law is uncertain, the momentum is clear: political actors are aligning behind bringing digital assets into mainstream retirement investing.

Should the Retirement Investment Choice Act pass, the steady trickle of crypto adoption could become a flood, reshaping capital flows, investor behavior, and the very architecture of crypto markets – just like Bitcoin Hyper aims to do with Bitcoin.

As always, do your own research. This isn’t financial advice.

Authored by Bogdan Patru for Bitcoinist – https://bitcoinist.com/trump-crypto-401ks-are-here-bitcoin-hyper-can-benefit

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.

Crypto-Native Traders, Not TradFi, Drove Bitcoin’s Largest Deleveraging EventRoughly $12 billion in futures positions were wiped out on Friday, marking a major shift in market structure and potentially signaling a bottom.Updated Oct 15, 2025, 3:37 p.m. Published Oct 15, 2025, 3:36 p.m.

Friday was the largest liquidation event on a nominal basis in crypto history. The scale of deleveraging is best understood by looking at open interest (OI) — the total value of outstanding futures and perpetual contracts that have not yet been settled.

Glassnode's data shows before Friday’s sell-off, bitcoin open interest stood at around $70 billion, an all-time high. This equated to roughly 560,000 BTC worth of futures positions. Following the deleveraging, OI fell to about $58 billion, or approximately 481,000 BTC.

Because USD-denominated OI is influenced by bitcoin’s price which dropped from $122,000 to $107,000 during the event looking at OI in BTC terms provides a more accurate picture of the scale of the deleveraging.

Data from Glassnode shows that Friday marked the largest single-day deleveraging event for bitcoin in USD terms, with more than $10 billion wiped from OI in a single day. In BTC terms, it was the second-largest deleveraging event on record, trailing only the COVID crash in March 2020. However, it’s important to note that bitcoin was trading near $5,000 back then, compared to $122,000 which significantly impacts the comparison in nominal terms.

Futures OI One Day Change (Glassnode)

Breaking the data down by exchange shows where the deleveraging came from. The Chicago Mercantile Exchange (CME) the largest venue for bitcoin futures typically used by institutional investors saw little change, with OI holding steady at around 145,000 BTC.

In contrast, Binance, the second-largest futures exchange, experienced a significant reduction, with OI plunging from $16 billion (130,000 BTC) to $12 billion (105,000 BTC). This suggests that the deleveraging was concentrated primarily within the crypto-native trading ecosystem, rather than being driven by traditional finance participants.

Historically, large single-day or short-term drops in open interest of this magnitude have often coincided with market bottoms. Previous examples include the March 2020 COVID crash, the summer 2021 sell-off during China’s mining ban, and the collapse of FTX in November 2022.

More For You

Crypto Trading Volumes Fall 17.5% in September Despite Record Open Interest

Combined spot and derivatives volumes fell 17.5% in September, continuing a four-year seasonal trend

What to know:

Trading activity falls 17.5% in September slowdown: Combined spot and derivatives volumes dropped to $8.12 trillion, marking the first decline after three months of growth. September has now seen reduced trading volume for the fourth consecutive year.Open interest reaches record high despite derivatives market share decline: Total open interest surged 3.2% to $204 billion and peaked at an all-time high of $230 billion during the month.Altcoins on CME outperform as Bitcoin and Ether futures decline: While CME's total derivatives volume stayed flat at $287 billion (-0.08%), SOL futures jumped 57.1% to $13.5 billion and XRP futures rose 7.19% to $7.84 billion. BTC and ETH futures fell 4.05% and 17.9% respectively.View Full Report

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Stellar’s XLM Holds Firm as Institutional Interest Grows Amid Volatile Session

Stellar’s native token weathered sharp intraday swings, buoyed by strong institutional demand and surging volumes tied to WisdomTree’s new crypto ETP

What to know:

XLM traded within a narrow $0.02 band between $0.33 and $0.34 over the past 24 hours, rebounding swiftly from brief declines as traders took profits following a short-term breakout.Trading volumes nearly doubled to 44.04 million, spurred by Stellar’s inclusion in WisdomTree’s new exchange-traded product, drawing heightened interest from professional investors.Despite volatility, XLM held critical support around $0.33 — a level now viewed as pivotal for sustaining upward momentum in the sessions ahead.Read full story

The partnership will utilize Aptos' layer-1 blockchain to distribute digital rewards, with a focus on real-world utility rather than speculation. Oct 15, 2025, 3:50 p.m.

Indian telecom giant Reliance Jio is partnering with Aptos Foundation and Aptos Labs to bring blockchain-based rewards to its more than 500 million customers.

Jio, the country's largest mobile network operator, plans to integrate Aptos’ layer-1 blockchain to distribute digital rewards through its telecom services. The move was announced by the company’s general manager and business head, Pawas Chandra, at the “Aptos Experience” event.

Aptos is known for its high-speed, low-cost infrastructure, which is designed to handle heavy transaction loads, a necessary feature for operating at Jio’s massive scale. Per Chandra, the blockchain-based rewards are now in a beta testing phase, and “about” 9.4 million users are experimenting with them.

The companies said the system will focus on real-world utility, not speculation. The goal, according to the announcement, is to integrate blockchain into the practical aspects of daily digital life.

Aptos Labs will provide the technical support needed to build and manage the platform.

AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.

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Crypto Trading Volumes Fall 17.5% in September Despite Record Open Interest

Combined spot and derivatives volumes fell 17.5% in September, continuing a four-year seasonal trend

What to know:

Trading activity falls 17.5% in September slowdown: Combined spot and derivatives volumes dropped to $8.12 trillion, marking the first decline after three months of growth. September has now seen reduced trading volume for the fourth consecutive year.Open interest reaches record high despite derivatives market share decline: Total open interest surged 3.2% to $204 billion and peaked at an all-time high of $230 billion during the month.Altcoins on CME outperform as Bitcoin and Ether futures decline: While CME's total derivatives volume stayed flat at $287 billion (-0.08%), SOL futures jumped 57.1% to $13.5 billion and XRP futures rose 7.19% to $7.84 billion. BTC and ETH futures fell 4.05% and 17.9% respectively.View Full Report

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Backpack Expands to SEC-Registered Tokenized Stocks With Superstate Partnership

The crypto exchange is integrating Superstate’s Opening Bell platform to offer natively tokenized public equities for investors outside the U.S.

What to know:

Backpack is adding SEC-registered U.S. equities into its trading venue, embedding Superstate's tokenized stock platform.The new offering will allow non-U.S. users to trade tokenized shares of public companies onchain.These equities are issued under U.S. securities law, offering traders the same rights as traditional shares.Read full story

TL,DR

Nansen, a blockchain analytics firm, has partnered with Sanctum to launch a new liquid staking token.
The new token, nxSOL, aims to offer a more secure and transparent staking solution on the Solana network.
The collaboration combines Nansen’s data expertise with Sanctum’s staking infrastructure.

Nansen, the blockchain analytics platform, has unveiled its new strategic alliance with Sanctum, a pioneering protocol in the Solana ecosystem. The collaboration aims to launch an innovative liquid staking token (LST) called nxSOL.

This collaboration marks a significant event, as it combines Nansen’s deep expertise in on-chain data analysis with Sanctum’s robust staking infrastructure, promising to usher in a new era for investors on the Solana network.

The main objective of this initiative is to offer users a more secure, transparent, and efficient staking option. The new token, nxSOL, is backed by a basket of high-quality validators, meticulously selected through Nansen’s rigorous performance and reliability analysis.

This data-driven approach seeks to mitigate the risks associated with traditional staking and provide users with greater peace of mind when delegating their SOL assets.

Transparency and Security as Fundamental Pillars
The value proposition of Nansen’s liquid staking on Solana through nxSOL is centered on total transparency. Users will have access to detailed, real-time updated dashboards, developed by Nansen, that will allow them to monitor the performance of the validators backing their LST.

This feature not only democratizes access to crucial information but also fosters a healthier and more competitive staking ecosystem on the network. The partnership between Nansen and Sanctum not only introduces a new financial product but also sets a higher standard for security and due diligence in the liquid staking space.

With the launch of nxSOL, participants in the Solana ecosystem now have a powerful tool to optimize their staking strategies, backed by two of the most respected names in their respective fields.

New York — Aptos Labs co-founder and chief executive Avery Ching outlined a sweeping plan to bring capital markets on-chain through what he described as a “Global Trading Engine”, during his keynote address at Aptos Experience 2025 in New York.

The new framework, designed to merge blockchain efficiency with institutional-grade infrastructure, aims to position the Aptos network as the backbone for next-generation financial systems — a move that underscores the industry’s shift from experimentation to full-scale adoption.

“Blockchain is entering the heart of global finance,” Ching said, speaking before hundreds of developers, investors, and institutional partners. “Aptos is no longer just a Layer-1 chain — it’s becoming the infrastructure for real-world value movement.”

He cited a series of performance milestones: over 330 live projects, 3.5 billion transactions processed, and a network total value locked exceeding $1 billion. The Aptos blockchain, launched three years ago, now records block creation times of 85 milliseconds, soon to be reduced to under 50 milliseconds with the upcoming Velociraptor upgrade. “That’s 400 times faster than Solana and more than 300 times faster than Base,” Ching noted, adding that Aptos’ throughput “now approaches the physical limits of information transfer.”

Beyond speed, Ching emphasized fairness and composability — key principles for what he called “the next era of transparent, high-frequency trading.” Aptos is developing encryption-based transaction ordering to prevent MEV (miner extractable value) manipulation and experimenting with dark pool-like privacy features for institutional users.

The “Global Trading Engine” architecture integrates spot, derivatives, and yield markets into a unified on-chain framework. According to Ching, this model would allow large trading firms, custodians, and decentralized protocols to operate in a shared liquidity environment while retaining regulatory compliance.

Joining Ching on stage, Pawas Chandra, General Manager and Business Head at Jio Sphere, described how the Indian telecom giant is already using Aptos infrastructure for its on-chain rewards program, TrueCoin, which has surpassed 9.4 million users. “Aptos is the first blockchain that truly understands enterprise execution,” Chandra said.

Ching also highlighted Aptos’ growing roster of institutional partners — including PayPal Ventures, BlackRock, Franklin Templeton, and Apollo Global Management — as evidence that traditional finance is converging with blockchain infrastructure.

“The goal is simple,” he said. “To build one public network that can power real-time, transparent capital markets for the entire world.”

The presentation marks a pivotal moment for the Aptos ecosystem, as the company pivots from Web3 experimentation to infrastructure deployment in regulated markets. Industry observers expect forthcoming announcements on cross-chain connectivity, institutional integrations, and further performance upgrades to shape Aptos’ 2026 roadmap.

<Copyright ⓒ TokenPost, unauthorized reproduction and redistribution prohibited>

USDT0 and XAUT0, cross-chain bridged versions of Tether's USDT stablecoin and its gold token, have launched on Solana.

TLDR:

Bitcoin remains bullish, holding key range, while altcoins show early signs of strong cycle recovery.
Recent liquidation events have created potential entry points for traders focusing on altcoins.
Ethereum flipped a 1,300-day resistance into support, signaling possible tail-cycle momentum.
Traders are advised to scale in slowly, targeting mid-range reclaim or clear breakout triggers.

Crypto traders are watching the market closely as Bitcoin maintains its position within a critical range. Analysts suggest prices could be in the late cycle phase, with at least one more leg of growth possible. 

Altcoins are beginning to show strength, mirroring patterns observed in previous cycles. Market participants are cautious, scaling positions carefully to avoid sudden losses. Recent volatility has highlighted the importance of timing and strategic entry points.

Bitcoin Price Movement and Market Cycle
According to CryptoAmsterdam on Twitter, Bitcoin’s structure remains bullish despite minor dips. Analysts warn of potential traps where traders buy back in at elevated levels after a rebound. 

Bitcoin’s weekly close below the range high support would require reassessment of positions. However, reclaiming this range could extend the bullish trajectory. Traders are currently advised to monitor key levels before adding significant exposure.

CryptoAmsterdam notes that Bitcoin accumulation earlier in the cycle focused on long-term positions, while altcoins are now the primary target. Traders anticipate a potential retracement that could fill previous wicks. 

Market outlook + positioning

1. Market outlook
2. How I plan to position

The big trap is that you are a) bullish but b) there's a 100-300% wick below you, and prices are kinda in the middle of nowhere.

Perfect recipe for people to get chopped up (again), you feel or felt fomo… pic.twitter.com/sshlKZWOLC

— CryptoAmsterdam (@damskotrades) October 15, 2025

The market may not always follow historical patterns, but probabilities suggest a continuation of bullish momentum for Bitcoin. Timing and caution remain crucial as traders look for entry triggers.

Altcoin Cycle and Positioning Strategy
Altcoins are gaining attention as Bitcoin dominance begins to wane. Historically, altcoins outperform during the tail end of the cycle, often lagging behind Bitcoin’s moves. 

Ethereum and other major altcoins have reclaimed key support zones, showing potential for a strong rebound. CryptoAmsterdam highlights Total 3 and other altcoin ranges as strategic zones for scaling in.

Traders are advised to consider their current exposure before increasing positions. CryptoAmsterdam reports partial fills occurred during recent dips, emphasizing the need for patience. 

Entry triggers include reclaiming mid-range levels, bullish breakouts, or local trendline breaks. Specific tokens like CRV, HYPE, and PUMP are mentioned as examples of setups that could yield gains if key conditions align.

Recent liquidation events, compared to historical crashes like COVID-19, offer insights into altcoin behavior. While not identical, patterns suggest early-cycle opportunities. 

Traders should use macro structure and local chart levels to cope with volatility. The approach focuses on slow scaling rather than aggressive full allocation.

18h05 ▪
5
min read ▪ by
Mikaia A.

Summarize this article with:

Ethereum could soon experience its most decisive hours. In a crypto market that multiplies contradictory signals, two emblematic figures maintain a prophecy: ETH will reach $10,000. Approaching 2025, Tom Lee and Arthur Hayes cling to this forecast like a heading. Conviction, calculation, or bluff? Hard to say. The market is jittery, cycles are shortening, but some believe the king of smart contracts hasn’t said its last word. At this level of play, every detail counts.

In brief

Ethereum aims for $10,000, according to Tom Lee and Arthur Hayes, despite market doubts.
The $3,800 technical support remains a decisive pivot for a bullish ETH rebound.
Network updates like Fusaka fuel hopes for a new structural rise of Ethereum.
Institutional accumulation and the decline of reserves on exchanges confirm a foundational dynamic.

Two Prophets in the Turmoil: Tom Lee and Arthur Hayes Keep the Course
Even after a crypto crash that swallowed more than $19 billion in liquidations, Lee and Hayes refuse to revise their stance. Ethereum, they claim, is ready for a surge towards $10,000. And fast.

During the Bankless podcast, Tom Lee stated that such a move would not be a market excess:

Ethereum’s basically been basing for four years now, just broke out of the range, so to me, it wouldn’t be a blow off top, but rather seeking essentially price discovery at a new level.

Arthur Hayes goes even further in the comparison by describing Ethereum as a decentralized equivalent of Nvidia or AWS. According to him, the network sells block space used to host trusted applications, power artificial intelligence systems, and settle financial transactions, including those of Wall Street.

A powerful storytelling, certainly, but one that is debated. ETH is currently trading at $4,150, still far from that mythical threshold. Prophets or daredevils? The market remains indecisive.

Field Analysis: Ethereum in Search of Concrete Catalysts
The technical and fundamental bases of the Ethereum ecosystem give analysts food for thought. On one side, a solid support around $3,800 acts as a cushion. On the other, resistance at $4,550 awaits bullish confirmation. Between the two: nervousness.

Analyst Michaël van de Poppe shows some optimism, provided the chart shows a clear bullish structure. He notes that the ETH/BTC pair dropped to 0.032 and that a higher low would be necessary to consider a new movement towards the highs.

On fundamentals, signals are clearer. Ethereum ETFs could attract $30 billion by mid-2025. The network also dominates 54% of stablecoin tokenization, nearly $247 billion. CoinGlass reminds that Ethereum has generated an average of +21.36% in Q4 since 2016. Such performance would project ETH around $5,000, still far from the grail, but promising.

Updates Pectra and Fusaka are eagerly awaited: optimized scalability, reduced fees, staking yield at 4-5%. Enough to nurture hopes… but not yet enough.

Ethereum: Between Summit Promises and Ground Reality
ETH certainly has the wind in its sails, but the timing remains unclear. While some dream of an imminent bull run, others see current signals as just a technical rebound. Between inflated ambitions and cautious analyses, the market plays the clock.

The positions of major holders are however clear: whales and institutions accumulate. Trading volume on supports exceeds $60 billion. ETH reserves on platforms continue to decline (16 million units), indicating holders expect a sustained rise. 

Even Citigroup, more moderate, targets ETH at $4,300. EMJ Capital validates the $10,000 goal. A prophecy that could become self-fulfilling.

A Few Key Numbers to Remember:

ETH Price at $4,150 at the time of writing;
54% of tokenized stablecoins circulate on Ethereum;
Only 16 million ETH in reserves on exchanges;
Up to $726.6 million inflows in one day into Ethereum ETFs;
Volume > $60 billion on support levels in early October.

While the crypto industry searches for its bearings, some assets surprise. BNB, Binance’s native crypto, has just reached a new ATH, in the middle of the storm. Proof that each token follows its own tempo. If Ethereum dreams of the skies, others prefer to trace their paths quietly.

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Mikaia A.

La révolution blockchain et crypto est en marche ! Et le jour où les impacts se feront ressentir sur l’économie la plus vulnérable de ce Monde, contre toute espérance, je dirai que j’y étais pour quelque chose

DISCLAIMER

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

Bill Morgan, a prominent pro-crypto lawyer, has joined a recent debate on XRP’s use case as a means of payment, where he confirmed in a recent X post that he has personally used XRP to make a direct payment.

The post came in response to a viral poll on X (formerly Twitter), created as a community survey asking whether members of the XRP community have ever used XRP to directly pay for a product or service.

XRP as a viable means of paymentThe survey emphasized that direct payments could be made either via a POS system where available or through a supported debit/credit card such as Uphold or Gemini. Bill Morgan issued a simple and straightforward “Yes” to the question, further stirring discussions about XRP’s real-world utility.

HOT Stories

Morgan’s response strongly confirms XRP’s viability for real payments, signaling the asset’s growing real-world adoption amid recurring market uncertainties.

With Ripple pushing the leading altcoin to efficiently serve institutional and cross-border payments, XRP is increasingly gaining credibility as a true payment digital asset.

Although XRP has recently faced a massive price correction that sent its price back to the $1 level, investors appear to be staying resilient regarding the asset’s long-term prospects, thanks to its growing adoption as a medium of payment.

XRP payments drop 36% in 24 hoursDespite the positive enthusiasm stirred by the poll and Bill Morgan’s confirmation, XRP has yet to recover in its payment activity amid the negative price trend facing the broader crypto market in recent days.

With XRP struggling to reclaim $2.50, the altcoin has seen a notable decline in its on-chain activities, as data from on-chain analytics platform XRPSCAN shows that XRP payments have fallen from 659,316 transactions recorded yesterday to 421,488 today.

While this marks a 36.08% decline in XRP payments, it appears the negative market trend has stirred doubts, causing holders to hold back on using XRP for payments.

Nonetheless, many perceive this as a short-term fluctuation in usage and remain confident in XRP’s long-term adoption, which continues to look promising.

XRP price is struggling to reclaim the 200-day moving average, raising the probability of a potential rejection toward the $2 high time frame support if resistance continues to hold.

Summary

XRP faces strong resistance at the 200-day moving average and $2.72 level.
Recent bounce from $2 shows buyers defending key structural support.
Continued rejection could extend correction before any bullish recovery.

After a volatile series of moves across the broader market, the XRP (XRP) price has failed to reclaim a critical resistance level represented by its 200-day moving average. This region remains a decisive technical barrier that has repeatedly capped bullish momentum in previous cycles.

With upcoming SEC decisions on spot XRP ETFs, investors are watching to see if approvals could reignite XRP’s weak price momentum. The latest price action reflects both structural exhaustion and uncertainty, as bulls attempt to maintain control above the $2 psychological level while bears defend the 200-day moving average near $2.72.

XRP price key technical points

Major Resistance: 200-day moving average aligned with $2.72 high time frame resistance.
Major Support: $2 region serving as structural support following the capitulation move.
Market Structure: Failure to reclaim resistance confirms a potential bearish retest setup.

XRPUSDT (1D) Chart, Source: TradingView
The current price structure in XRP highlights a textbook example of a bearish retest pattern. After testing and failing to close above the 200-day moving average, the market is showing early signs of rejection. This dynamic is significant because it demonstrates a loss of bullish continuation strength at a region that historically separates accumulation from distribution phases.

Technically, the 200-day moving average remains a key long-term trend indicator. A decisive close above it often signals sustained bullish continuation, while rejection below it frequently marks the beginning of deeper corrections. The confluence between this moving average and the $2.72 high time frame resistance further intensifies its importance.

The recent rebound from $2 indicates that buyers are still defending key structural zones. However, unless the price can reclaim $2.72 with strong volume confirmation, the risk of another leg lower remains elevated. A move back toward $2 would likely complete a broader range formation, creating a symmetrical consolidation zone between high and low time frame levels.

Such consolidation could serve as a base for a future breakout, but only after a proper retest of liquidity on both sides of the range.

What to expect in the coming price action
If XRP continues to close below the $2.72 resistance and fails to reclaim the 200-day moving average, the market could see a retracement back toward $2. This region is expected to act as strong support once again, but a failure to hold it may open the door for a deeper correction toward lower time frame levels.

Conversely, a breakout and confirmed close above $2.72 would invalidate the bearish setup and could reignite bullish momentum toward the $3 region in the medium term.