Finex logo
Finex Intelligence

Market Signal Briefing

Real-time pulse of financial headlines curated from 2 premium feeds.

Last news saved at Mar 11, 12:32 47m ago Cron last ran Mar 11, 12:32 47m ago 2 sources live
Switch language
82,142 Stories ingested Auto-fetched market intel nonstop.
320 Distinct tickers Symbols referenced across the feed
stockne... Trending sources stocknewsapi • cryptonews
Hot tickers
BTC XRP ETH DOGE BNO DBO
Surfacing from current coverage
Details Saved Published Title Source Tickers
2025-10-03 01:30 5mo ago
2025-10-02 20:27 5mo ago
Nord Precious Metals Announces Amendment to Its Non-Brokered LIFE Financing stocknewsapi
CCWOF
October 02, 2025 8:28 PM EDT | Source: Nord Precious Metals Mining Inc.
Coquitlam, British Columbia--(Newsfile Corp. - October 2, 2025) - Nord Precious Metals Mining Inc. (TSXV: NTH) (OTCQB: CCWOF) (FSE: 4T9B) (the "Company" or "Nord") further to the Company's news release dated September 15, 2025, the Company has amended its previously filed Listed Issuer Financing Exemption ("LIFE") Offering Document.

The Company will now be raising 13,056,041 units at a price of $0.12 per share for gross proceeds of $1,566,724 through the LIFE Offering Document. In addition, the Company intends to complete a financing by way of a non-brokered private placement of up to 20,277,292 units at a price of $0.12 per share for gross proceeds of $2,433,275 whereby Research Capital Corporation (the "Finder") are the exclusive finders assisting with the Offering.

Each Unit will consist of one common share of the Company ("Common Share") and one common share purchase warrant of the Company ("Warrant"). Each Warrant will entitle the holder to purchase an additional Common Share at an exercise price of $0.155 for a period of five years following the closing of the Offering.

Nord's primary business objective over the next 12 months is to increase the silver resource at the Castle East property and identify potential economics of tailings processing and metal recovery from tailings.

Nord intends to use the net proceeds from the Offering to test tailings recovery through the Ontario Ministry's unique Recovery Permit and continue pilot scale testing of the Re-2Ox process with SGS Lakefield. Diamond drilling will continue on the Castle East Property to test new targets and, using new intersections, update the Company's Resource Estimate.

Over the next 12 months, Nord expects to:

Advance Castle East targeting and resource work. Begin the fall drill program guided by the recent 3D model, reinterpretation and incorporate results into the next resource update. (Press Release, August 26, 2025).Submit Recovery Permit materials and prepare potential tolling templates. Finalize the single-application approach that may include potential toll processing of adjacent properties, and standardize commercial tolling templates for district tailings owners.Progress Re-2Ox from bench to pilot with SGS Lakefield. Complete arsenic-balance work, unit-op selection, and pilot-ready testwork; maintain refinery optionality under the non-binding MOU. (Press Releases, 2018; February 6, 2025; June 2025).fund administrative expenses including legal, audit, overhead and consulting fees for the ensuing 12 months.The Units will be offered for sale pursuant to the Listed Issuer Financing Exemption under Part 5A of National Instrument 45-106 - Prospectus Exemptions ("NI 45-106"). as amended by Coordinated Blanket Order 45-935 - Exemptions from Certain Conditions of the Listed Issuer Financing Exemption and Section 2.3 of the Offering is being made in all provinces of Canada (except Quebec) and other qualifying jurisdictions, including the United States. The Units offered under the Listed Issuer Financing Exemption will be immediately "free-trading" under applicable Canadian securities laws. Units sold to subscribers resident in the United States will be subject to additional restrictions on trade.

The amended offering document (the "Amended Offering Document") related to this Offering that can be accessed under the Company's profile at www.sedarplus.ca and at the Company's website at www.nordpreciousmetals.com. Prospective investors should read this Amended Offering Document before making an investment decision.

The Offering is anticipated to close on or around October 9, 2025 ("Closing"), or such later date as the Company may determine. The Closing is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals, including the approval of the TSX Venture Exchange.

The Finders will receive a cash commission of 8% of the aggregate gross proceeds of the Offering from subscribers introduced to the Company by the Finders and such number of finder's warrants (the "Finder's Warrants") as is equal to 8% of the number of Units sold under the Offering to subscribers introduced to the Company by the Finders. Each Finder's Warrant entitles the holder to purchase one Common Share at an exercise price equal to the Offering Price for a period of 5 years from the date of the Closing.

In connection with the Offering, the Company has entered into an Advisory Agreement with Research Capital Corporation (the "Advisor"), pursuant to which the Advisor provided financial advisory, consulting, and support services in connection with the Offering (the "Advisory Services"). In consideration for the Advisory Services, the Company will pay the Advisor a work fee equal to $25,000 (the "Fee") and issue 175,000 advisor shares (the "Advisor Shares") at a deemed price of $0.12 per share. The Advisor Shares will be subject to a four month and one day hold period in accordance with Canadian securities laws.

The Finder Warrants and the Advisor Shares are subject to a four month and a day hold period pursuant to applicable Canadian Securities Laws.

About Nord Precious Metals Mining Inc.

Nord Precious Metals Mining Inc. operates the only permitted high-grade milling facility in the historic Cobalt Camp of Ontario, where the Company has established a unique position integrating high-grade silver discovery with strategic metals recovery operations. The Company's flagship Castle property encompasses 63 sq. km of exploration ground and the past-producing Castle Mine, complemented by the Castle East discovery where drilling has delineated 7.56 million ounces of silver in Inferred resources grading an average of 8,582 g/t Ag (250.2 oz/ton).

Nord's integrated processing strategy leverages the synergistic value of multiple metals. High-grade silver recovery supports the economics of extracting critical minerals including cobalt, nickel, and other battery metals, while the company's proprietary Re-2Ox hydrometallurgical process enables production of technical-grade cobalt sulphate and nickel-manganese-cobalt (NMC) formulations. This multi-metal approach, combined with established infrastructure including TTL Laboratories and underground mine access, positions Nord to capitalize on both precious metals markets and the growing demand for battery materials.

The Company maintains a strategic portfolio of battery metals properties in Northern Quebec including its 35% ownership in Coniagas Battery Metals Inc. (TSXV: COS) as well as the St. Denis-Sangster lithium project comprising 260 square kilometers of prospective ground near Cochrane, Ontario.

More information is available at www.nordpreciousmetals.com.

"Frank J. Basa"
Frank J. Basa, P. Eng.
Chief Executive Officer

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

Caution Regarding Forward-Looking Statements
This news release may contain forward-looking statements which include, but are not limited to, comments that involve future events and conditions, which are subject to various risks and uncertainties. Except for statements of historical facts, comments that address resource potential, upcoming work programs, geological interpretations, receipt and security of mineral property titles, availability of funds, and others are forward-looking. Forward-looking statements are not guarantees of future performance and actual results may vary materially from those statements. General business conditions are factors that could cause actual results to vary materially from forward-looking statements. The Company does not undertake to update any forward-looking information in this news release or other communications unless required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/268981
2025-10-03 01:30 5mo ago
2025-10-02 20:28 5mo ago
KinderCare (KLC) Faces Investor Lawsuit Over IPO After Allegations of Child Neglect Surface - Hagens Berman stocknewsapi
KLC
KLC Investors with Losses Encouraged to Contact Hagens Berman Before Oct. 14th, 2025 Deadline

, /PRNewswire/ -- A new securities class action lawsuit has been filed against KinderCare Learning Companies, Inc. (NYSE: KLC) and its executives, alleging the company misled investors during its October 2024 Initial Public Offering (IPO). The lawsuit, styled Gollapalli v. KinderCare Learning Companies, Inc., et al., seeks to represent investors who purchased KLC common stock in or traceable to the company's IPO. 

The lawsuit claims that KinderCare's IPO documents painted a false and misleading picture of the company's operations. While the company described its services as providing "the highest quality care possible" in a "safe, nurturing and engaging environment," the complaint alleges these statements were contradicted by a documented history of serious safety and care failures that were concealed from investors.

Hagens Berman urges KinderCare investors who suffered substantial losses to contact the firm now.

Class Period: Purchasers in KinderCare October 2024 IPO
Lead Plaintiff Deadline: Oct. 14, 2025
Visit:www.hbsslaw.com/investor-fraud/klc
Contact the Firm Now: [email protected]
                                        844-916-0895

Federal Subsidies and Unforeseen Risks

The lawsuit highlights that more than 30% of KinderCare's revenues come from federal subsidies, making the alleged omissions particularly significant. According to the complaint, the company's failure to disclose a history of child neglect and harm exposed it to a material, undisclosed risk of legal and regulatory action that could threaten this major revenue source.

Since the IPO, KinderCare's stock has performed poorly, dropping from its offering price of $24 per share to lows near $9 per share. The lawsuit attributes this decline to the market's realization that the company's positive statements were unfounded.

Hagens Berman's Investor Investigation

National plaintiffs' rights firm Hagens Berman is investigating these claims and encourages investors who purchased KLC stock in the IPO and suffered losses to consider their legal options. The firm is focused on the extent to which the company's alleged history of safety and care failures was concealed from the public, leading to an artificially inflated IPO price and subsequent investor losses.

"Our investigation is focused on the fundamental disconnect between how KinderCare presented itself to investors in its IPO and the alleged reality of its operations. The lawsuit claims investors were sold on a promise of 'high-quality care' while being kept in the dark about a history of safety and neglect issues. We are focusing on whether this alleged failure to disclose key risks to the business and revenue streams constitutes a violation of the U.S. securities laws."

If you invested in KinderCare and have substantial losses, or have knowledge that may assist the firm's investigation, submit your losses now »

If you'd like more information and answers to frequently asked questions about the KinderCare case and our investigation, read more »

Whistleblowers: Persons with non-public information regarding KinderCare should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].

About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw. 

SOURCE Hagens Berman Sobol Shapiro LLP

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+

Newsrooms &

Influencers

9k+

Digital Media

Outlets

270k+

Journalists

Opted In

Also from this source
2025-10-03 01:30 5mo ago
2025-10-02 20:33 5mo ago
CoreWeave's Valuation Soars on Meta Partnership, But Is It Overheating? stocknewsapi
CRWV
CoreWeave just signed a $14 billion deal with Meta.

Few stocks are as directly exposed to artificial intelligence as CoreWeave (CRWV 0.72%). The AI cloud infrastructure company reinvented itself, transitioning from a crypto mining company by repurposing its GPUs to provide AI computing power to customers like Microsoft, Nvidia, and OpenAI.

With the AI boom in full swing, that business model has led to jaw-dropping growth. In its second quarter, its revenue jumped 206% to $1.21 billion, showing how fast demand for its services is ramping up.

Now, CoreWeave just got another shot in the arm as the stock jumped 12% on Tuesday after announcing another blockbuster deal, this time with Meta Platforms (META 1.30%).

Image source: Getty Images.

What's happening with CoreWeave and Meta?
Meta is committing to spend up to $14.2 billion through 2032 on cloud computing capacity from CoreWeave, with an option to expand its commitment.

The deal comes at a time when Meta has been ramping up its spending on AI, seeing it as a must-win for its future. In June, Meta acquired a 49% stake in Scale AI, a data-labeling start-up, and poached its CEO, Alexandr Wang, to run its new AI lab.

On the same day that the CoreWeave news came out, Meta also announced that it's buying the chip start-up Rivos, which designs chips based on RISC-V architecture, an alternative to those used by leading CPU architecture designers Arm, Intel, and AMD. Rivos is also expected to help Meta build out full-stack AI systems.

For CoreWeave, the deal builds on the earlier momentum it earned when it signed an expanded $6.5 billion agreement with OpenAI in September, bringing its total contract with OpenAI to $22.4 billion.

The drumbeat of positive news for AI includes rival Nebius's $17 billion deal with Microsoft, Oracle's huge cloud computing forecast, and CoreWeave's own wins, including OpenAI, Meta, and a $6.3 billion deal with Nvidia, in which it will buy any of CoreWeave's unused capacity, effectively backstopping the company's growth.

Those news items, and improving sentiment around CoreWeave, sparked a recovery in the stock last month. After falling by more than 50% from its peak in June, CoreWeave jumped more than 50% off its lows early in September.

Is CoreWeave overvalued?
CoreWeave is a challenging stock to value. The company is delivering phenomenal top-line growth, but it's also reporting huge losses. The company's business model is risky. It's borrowing billions of dollars to buy Nvidia GPUs and build out the infrastructure to provide next-generation AI computing.

That high-interest debt has also led CoreWeave to pay significant interest expense, set to be above $1 billion this year, essentially preventing CoreWeave from turning a profit.

For most stocks, to determine an appropriate valuation, you just look at the numbers. However, CoreWeave is in a class of its own. Given its growth rate, in which revenue is still tripling, the upside potential for the stock is tremendous, and conventional cloud computing businesses like Amazon Web Services and Microsoft Azure have shown how profitable cloud computing can be at scale.

Rather than parsing the numbers for CoreWeave to determine whether the stock is overvalued, investors are better off considering the future of the AI boom. If the massive capex buildout continues, including on CoreWeave's infrastructure, the stock is a good bet to be a winner. At a market cap of $66 billion, the stock still has room to move higher.

However, if the AI boom turns into a bubble and spending suddenly slows, CoreWeave is likely to plunge. While it's locked in multi-billion-dollar deals with the likes of Meta, the company will need more of those to turn profitable and justify its current valuation.

Either way, expect the volatility in the stock to continue.

Jeremy Bowman has positions in Amazon, Arm Holdings, Meta Platforms, and Nvidia. The Motley Fool has positions in and recommends Amazon, Intel, Meta Platforms, Microsoft, Nvidia, and Oracle. The Motley Fool recommends Nebius Group and recommends the following options: long January 2026 $395 calls on Microsoft, short January 2026 $405 calls on Microsoft, and short November 2025 $21 puts on Intel. The Motley Fool has a disclosure policy.
2025-10-03 01:30 5mo ago
2025-10-02 20:36 5mo ago
Bank Earnings in Focus as Q3 Earnings Season Takes Center Stage stocknewsapi
C JPM WFC
Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>

Here are the key points:

For 2025 Q3, total S&P 500 index earnings are expected to be up +5.5% from the same period last year on +6.1% higher revenues.The positive revisions trend makes the overall setup for the Q3 earnings season favorable, but it raises the odds of actual results coming up short of expectations. In other words, it is reasonable to worry whether expectations for the period are too high, particularly for the Tech and Finance sectors. For the Magnificent 7 group, Q3 earnings are expected to be up +12.1% from the same period last year on +14.7% higher revenues, which would follow the group’s +26.4% earnings growth on +15.5% revenue growth in the preceding period.For the 19 S&P 500 members that have recently reported quarterly results for their fiscal quarters ending in August (part of the Q3 tally), total earnings are up +11.9% from the same period last year on +7.2% higher revenue, with 73.7% beating EPS estimates and 78.9% beating revenue estimates.Bank Earnings Set to Give a Good Read on the EconomyJPMorgan (JPM - Free Report) , Wells Fargo (WFC - Free Report) , and Citigroup (C - Free Report) will kick off the September-quarter reporting cycle for the Finance sector before the market opens on Tuesday, October 14th. These stocks have been impressive performers lately, even after taking into account their weakness in recent days, as the chart below shows.

Image Source: Zacks Investment Research

There is justifiable optimism in the market about these banks’ business prospects. Loan demand is expected to accelerate, and the peak in delinquencies is now behind us. On the capital market’s front, deal pipelines are seen as steadily getting stronger, and trading activities remain robust. A favorable monetary policy and regulatory backdrop contribute to the positive narrative surrounding JPMorgan, Citigroup, Wells Fargo, and others in the space.

On the other hand, there is uncertainty about the magnitude of moderation in economic growth resulting from the new tariff regime. Recent public commentary from management teams has broadly been positive, which has helped drive estimates higher for the group. But it will be hard for these stocks to sustain their recent positive momentum unless management teams are able to validate the market’s optimistic expectations.

JPMorgan is expected to report $4.79 per share in earnings on $44.66 billion in revenues, representing year-over-year growth rates of +9.6% and +4.7%, respectively. Estimates for the period have steadily moved up, with the current $4.79 estimate up +2.1% over the past month and +6.7% over the past three months. Estimates for Citigroup and Wells Fargo have not increased by the same magnitude, but the revisions trend has nevertheless been positive for them as well.

For the Zacks Finance sector as a whole, Q3 earnings are expected to increase by +10.1% from the same period last year on +5.8% higher revenues, as the chart below shows.

Image Source: Zacks Investment Research

The Earnings Big Picture Positive Q3 results and reassuring management commentary from these banks will help sustain the favorable revisions trend that has been in place lately.

For 2025 Q3, the expectation is for earnings growth of +5.5% on +6.1% revenue gains. We have consistently shown in this space how Q3 estimates have steadily increased since the quarter began.

A comparable trend has been at play with respect to estimates for the last quarter of the year, when S&P 500 earnings are expected to increase by +7.2% on +6.7% higher revenues. The chart below shows how Q4 estimates have evolved over the last couple of months.

Image Source: Zacks Investment Research

Some of the same sectors that have been enjoying a favorable revisions trend for Q3 are in play for Q4 as well, particularly the Tech, Finance, and Energy sectors.

The chart below shows expectations for 2025 Q3 in terms of what was achieved in the preceding four periods and what is currently expected for the next three quarters.

Image Source: Zacks Investment Research

The chart below shows the overall earnings picture for the S&P 500 index on an annual basis.

Image Source: Zacks Investment Research

The aforementioned favorable revisions trend validates the market’s rebound from the April lows. However, the trend can only be sustained if Q3 earnings results and management guidance for Q4 and beyond confirm it.
2025-10-03 01:30 5mo ago
2025-10-02 20:41 5mo ago
Pacific Ridge Announces Digital Marketing Agreement stocknewsapi
PEXZF
October 02, 2025 8:41 PM EDT | Source: Pacific Ridge Exploration Ltd.
Vancouver, British Columbia--(Newsfile Corp. - October 2, 2025) - Pacific Ridge Exploration Ltd. (TSXV: PEX) (OTCQB: PEXZF) (FSE: PQW) ("Pacific Ridge" or the "Company") has entered into an agreement with IRP Holdings Corporation (dba IRPub) ("IRPub") for a digital marketing awareness campaign (the "IRPub Agreement").

The IRPub Agreement has a three-month term, commencing October 1, 2025, and ending December 31, 2025, under which the Company will pay IRPub US$150,000. Paul Ruffolo is the CEO of IRPub and is based in Pennsylvania. IRPub and its principals are arm's length to Pacific Ridge and to the best knowledge of the Company, IRPub did not own any securities of Pacific Ridge as of the date of the Agreement. The services provided by IRPub will include a digital marketing awareness campaign on behalf of the Company across IRPub's network and other mediums of online digital traffic. The IRPub Agreement is subject to TSX Venture Exchange approval.

Pacific Ridge is also pleased to provide further information regarding the Capital Analytica Agreement (see news release dated September 15, 2025). Jeff French is the President of Capital Analytica and is based in British Columbia. Capital Analytica and its principals are arm's length to the Company and to the best knowledge of Pacific Ridge, Capital Analytica did not own any securities of the Company as of the date of the Agreement. The services provided by Capital Analytica will include capital markets consultation, social media consultation regarding engagement and enhancement, social sentiment reporting, social engagement reporting, dissemination of company news releases, monitoring discussion forums, and disseminating corporate videos. The Capital Analytica Agreement is subject to TSX Venture Exchange approval.

About Pacific Ridge

A Fiore Group company, Pacific Ridge's goal is to become British Columbia's leading copper exploration company. The Kliyul copper-gold project, located in the prolific Quesnel terrane close to existing infrastructure, is the Company's flagship project. In addition to Kliyul, Pacific Ridge's project portfolio includes the RDP copper-gold project, the Chuchi copper-gold project, the Onjo copper-gold project, and the Redton copper-gold project, all located in B.C. The Company would like to acknowledge that its B.C. projects are in the traditional, ancestral and unceded territories of the Gitxsan Nation, McLeod Lake Indian Band, Nak'azdli Whut'en, Takla Nation, and Tsay Keh Dene Nation.

On behalf of the Board of Directors,

"Blaine Monaghan"

Blaine Monaghan
President & CEO
Pacific Ridge Exploration Ltd.

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

Forward-Looking Information: This release includes certain statements that may be deemed "forward-looking statements". All statements in this release, other than statements of historical facts, which address exploration drilling and other activities and events or developments that Pacific Ridge Exploration Ltd. ("Pacific Ridge") expects to occur, are forward-looking statements. Although Pacific Ridge believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those forward-looking statements. Factors that could cause actual results to differ materially from those in forward looking statements include market prices, exploration successes, and continued availability of capital and financing and general economic, market or business conditions. These statements are based on a number of assumptions including, among other things, assumptions regarding general business and economic conditions, that one of the options will be exercised, the ability of Pacific Ridge and other parties to satisfy stock exchange and other regulatory requirements in a timely manner, the availability of financing for Pacific Ridge's proposed programs on reasonable terms, and the ability of third party service providers to deliver services in a timely manner. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Pacific Ridge does not assume any obligation to update or revise its forward-looking statements, whether because of new information, future events or otherwise, except as required by applicable law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/268985
2025-10-03 01:30 5mo ago
2025-10-02 20:41 5mo ago
Bank Earnings in Focus as Q3 Earnings Season Takes Center Stage stocknewsapi
C JPM WFC
Note: The following is an excerpt from this week’s Earnings Trends report. You can access the full report that contains detailed historical actual and estimates for the current and following periods, please click here>>>

Here are the key points:

For 2025 Q3, total S&P 500 index earnings are expected to be up +5.5% from the same period last year on +6.1% higher revenues.The positive revisions trend makes the overall setup for the Q3 earnings season favorable, but it raises the odds of actual results coming up short of expectations. In other words, it is reasonable to worry whether expectations for the period are too high, particularly for the Tech and Finance sectors. For the Magnificent 7 group, Q3 earnings are expected to be up +12.1% from the same period last year on +14.7% higher revenues, which would follow the group’s +26.4% earnings growth on +15.5% revenue growth in the preceding period.For the 19 S&P 500 members that have recently reported quarterly results for their fiscal quarters ending in August (part of the Q3 tally), total earnings are up +11.9% from the same period last year on +7.2% higher revenue, with 73.7% beating EPS estimates and 78.9% beating revenue estimates.Bank Earnings Set to Give a Good Read on the EconomyJPMorgan (JPM - Free Report) , Wells Fargo (WFC - Free Report) , and Citigroup (C - Free Report) will kick off the September-quarter reporting cycle for the Finance sector before the market opens on Tuesday, October 14th. These stocks have been impressive performers lately, even after taking into account their weakness in recent days, as the chart below shows.

Image Source: Zacks Investment Research

There is justifiable optimism in the market about these banks’ business prospects. Loan demand is expected to accelerate, and the peak in delinquencies is now behind us. On the capital market’s front, deal pipelines are seen as steadily getting stronger, and trading activities remain robust. A favorable monetary policy and regulatory backdrop contribute to the positive narrative surrounding JPMorgan, Citigroup, Wells Fargo, and others in the space.

On the other hand, there is uncertainty about the magnitude of moderation in economic growth resulting from the new tariff regime. Recent public commentary from management teams has broadly been positive, which has helped drive estimates higher for the group. But it will be hard for these stocks to sustain their recent positive momentum unless management teams are able to validate the market’s optimistic expectations.

JPMorgan is expected to report $4.79 per share in earnings on $44.66 billion in revenues, representing year-over-year growth rates of +9.6% and +4.7%, respectively. Estimates for the period have steadily moved up, with the current $4.79 estimate up +2.1% over the past month and +6.7% over the past three months. Estimates for Citigroup and Wells Fargo have not increased by the same magnitude, but the revisions trend has nevertheless been positive for them as well.

For the Zacks Finance sector as a whole, Q3 earnings are expected to increase by +10.1% from the same period last year on +5.8% higher revenues, as the chart below shows.

Image Source: Zacks Investment Research

The Earnings Big Picture Positive Q3 results and reassuring management commentary from these banks will help sustain the favorable revisions trend that has been in place lately.

For 2025 Q3, the expectation is for earnings growth of +5.5% on +6.1% revenue gains. We have consistently shown in this space how Q3 estimates have steadily increased since the quarter began.

A comparable trend has been at play with respect to estimates for the last quarter of the year, when S&P 500 earnings are expected to increase by +7.2% on +6.7% higher revenues. The chart below shows how Q4 estimates have evolved over the last couple of months.

Image Source: Zacks Investment Research

Some of the same sectors that have been enjoying a favorable revisions trend for Q3 are in play for Q4 as well, particularly the Tech, Finance, and Energy sectors.

The chart below shows expectations for 2025 Q3 in terms of what was achieved in the preceding four periods and what is currently expected for the next three quarters.

Image Source: Zacks Investment Research

The chart below shows the overall earnings picture for the S&P 500 index on an annual basis.

Image Source: Zacks Investment Research

The aforementioned favorable revisions trend validates the market’s rebound from the April lows. However, the trend can only be sustained if Q3 earnings results and management guidance for Q4 and beyond confirm it.
2025-10-03 01:30 5mo ago
2025-10-02 20:44 5mo ago
Cracker Barrel ends partnership with consulting firm behind logo change after intense backlash stocknewsapi
CBRL
Cracker Barrel is ending its partnership with Prophet, the consulting firm behind its failed rebrand.

The chain faced intense backlash after unveiling a new logo and redesigned stores that longtime fans said stripped away what they loved most about the brand.

Cracker Barrel’s restaurants, long known for their kitschy Americana décor, were recast in a style critics called drab and soulless.

The uproar grew after the company dropped its iconic logo of an elderly man leaning on a barrel.

A March press release said Prophet was hired to redesign Cracker Barrel restaurants and lead a new brand marketing campaign.

At the time, the company said: “In collaboration with Cracker Barrel, they are focused on shaping a new brand vision that will enhance market share while preserving the company’s unique heritage. This new strategy will inform brand communication, restaurant redesigns, brand marketing campaigns and a redefined employee value proposition.”

Cracker Barrel recently bowed to customer feedback after they responded negatively to a rebrand. BACKGRID
Separately, Prophet CEO Michael Dunn pledged $4 million in 2020 for the firm’s DEI initiatives, saying the company would “bring in Black team members across every level of the firm,” hire a DEI-specific recruiter and provide $4 million in pro bono work to social justice organizations, according to a 2020 blog post.

Fox News Digital found no evidence that Prophet’s DEI commitments were connected to Cracker Barrel’s rebranding.

In August, the brand unveiled its new logo, which dropped the illustration of a man – “Uncle Herschel” – resting his arm on top of a wooden barrel, a folksy image that has embodied the brand’s Southern hospitality for the last 56 years. Some interpreted the change as an appeal to the woke movement.

A March press release said Prophet was hired to redesign Cracker Barrel restaurants and lead a new brand marketing campaign. BACKGRID
The logo change sparked a backlash that wiped over $140 million off the chain’s market value at the height of the crisis as customer outrage and investor unease fueled what became the steepest losing streak in months. Shares are down over 7% year-to-date.

President Donald Trump even weighed in, calling on the chain to return to its roots.

“Cracker Barrel should go back to the old logo, admit a mistake based on customer response (the ultimate Poll), and manage the company better than ever before,” Trump wrote in an Aug. 26 post on Truth Social.

“They got a Billion Dollars worth of free publicity if they play their cards right. Very tricky to do, but a great opportunity. Have a major News Conference today. Make Cracker Barrel a WINNER again,” Trump added.

Later that day, Cracker Barrel reversed its plans.

“We thank our guests for sharing your voices and love for Cracker Barrel. We said we would listen, and we have. Our new logo is going away and our ‘Old Timer’ will remain,” the company posted on X.

In May, Cracker Barrel, beloved for its Southern comfort food, front-porch rocking chairs and gift shop filled with knickknacks and old-fashioned sweets, launched an ambitious overhaul of its 660-plus restaurants – an effort that quickly backfired.

The sweeping makeover included “decluttered” dining rooms, a revamped menu and other changes aimed at updating a brand long rooted in nostalgia.
2025-10-03 01:30 5mo ago
2025-10-02 20:52 5mo ago
Ondas Holdings: Autonomous Infrastructure In Place For Inflection, But Valuation Warrants Vigilance stocknewsapi
ONDS
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2025-10-03 01:30 5mo ago
2025-10-02 20:58 5mo ago
Delays to Trump's UAE chips deal frustrate Nvidia's Jensen Huang, officials, WSJ reports stocknewsapi
NVDA
By Reuters

October 3, 20251:03 AM UTCUpdated ago

A smartphone with a displayed NVIDIA logo is placed on a computer motherboard in this illustration taken March 6, 2023. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab

Oct 2 (Reuters) - A multibillion-dollar deal to send Nvidia's

(NVDA.O), opens new tab artificial-intelligence chips to the United Arab Emirates is stuck in neutral nearly five months after it was signed, frustrating CEO Jensen Huang and some senior administration officials, the Wall Street Journal reported on Thursday.

Sign up here.

Reporting by Shivani Tanna in Bengaluru; Editing by Alan Barona

Our Standards: The Thomson Reuters Trust Principles., opens new tab
2025-10-03 01:30 5mo ago
2025-10-02 21:00 5mo ago
NextGen Digital Platforms Inc. Responds to OTC Markets Request on Recent Promotional Activity stocknewsapi
NXTDF
October 02, 2025 21:00 ET

 | Source:

NextGen Digital Platforms Inc.

Vancouver, B.C., Oct. 02, 2025 (GLOBE NEWSWIRE) -- NextGen Digital Platforms Inc. (CSE:NXT) (OTCQB:NXTDF) (FSE:Z12) (“NextGen” or the “Company”) a digital asset and fintech platform bridging traditional capital markets with Web3 infrastructure, announces that it has been requested by OTC Markets Group Inc. ("OTC Markets") to issue this statement about promotional activity concerning its common shares (the "Shares") traded on the OTCQB Venture Market ("OTCQB") (operated by OTC Markets).

On September 29, 2025, OTC Markets informed the Company that it became aware of certain promotional activities concerning the Company and its Shares traded on the OTCQB, including the distribution of two newsletters (collectively, the "Promotional Materials") published by Gold Standard Media LLC (“GSM”), discussing the Company, its Bittensor business, and the digital assets market generally.

On July 28, 2025, the Company entered into an advertising agreement with GSM, whereby GSM would provide investor relations and advertising services to the Company. The Company was therefore aware of GSM's promotional activities respecting the Company since July 28, 2025. Accordingly, the Promotional Materials were paid for by the Company through its engagement of GSM.

The engagement of GSM, the nature of the relationship between the Company and GSM, as well as the compensation paid to GSM, was publicly disclosed in a news release on July 25, 2025, which can be found under the Company's profile on SEDAR+ (www.sedarplus.ca).

The Company provided GSM with publicly available sources of information for its marketing materials and management reviewed and approved the materials prepared by GSM prior to their dissemination, including to ensure factual accuracy. The Company does not believe the statements in the Promotional Materials were materially false or misleading. However, the Company notes that investing in the Company's securities involves certain risks and uncertainties which investors should review prior to making any investment decision. The Company encourages all investors to undertake proper due diligence and carefully consider all investment decisions. The Company directs potential investors to rely solely on its filings and disclosures made with the Canadian Securities Administrators, available at www.sedarplus.ca.

The Company does not believe the promotional activities were the primary factor in any increase in trading volume in the common shares. Rather, the Company believes the promotional materials drew attention to the Company, causing an increase in investor interest and awareness of the Company.

After inquiry of management, other than as disclosed herein, no directors and control persons, its officers, directors or controlling shareholders, or any third-party service providers have, directly or indirectly, been involved with the creation, distribution, or payment of promotional materials related to the Company and its securities.

Except as disclosed below, after inquiry of management, its officers, directors, any controlling shareholders, or any third-party service providers, the Company is not aware of any purchases or sales of the Shares in the past 90 days:

The CEO of the Company purchased 300,000 shares.

The Company has engaged the following third-party service providers to provide investor relations services, public relations services, marketing, or other related service within the last twelve months: Gold Standard Media, LLC (July 28, 2025), Tafin GmbH (May 15, 2025), Global One Media Group Pte. Ltd. (January 1,2025), Independent Trading Group (ITG), Inc. (December 17, 2024), and Machai Capital Inc. (December 17, 2024).

The Company has not issued Shares, or convertible instruments allowing conversion to equity securities, at prices constituting, at the time of issuance of such shares or convertible instruments, at a discount to the then current market price.

About NextGen Digital Platforms Inc.

NextGen Digital Platforms Inc. (CSE:NXT) (OTCQB:NXTDF) (FSE:Z12) is a publicly listed fintech and digital asset company that provides investors with exposure to a diversified portfolio of Web3 technologies, blockchain infrastructure, and digital assets. The Company is committed to developing innovative financial structures that align with the future of decentralized finance while prioritizing transparency, regulatory compliance, and shareholder value creation. NextGen also operates PCSections.com, an e-commerce platform and a hardware-as-a-service business supporting the artificial intelligence sector, called Cloud AI hosting.

For More Information:

Matthew Priebe, Chief Executive Officer
(647) 296-1994
https://nextgendigitalplatforms.com/
[email protected]

The Exchange does not accept responsibility for the adequacy or accuracy of this release.

This press release includes certain "forward-looking information" within the meaning of applicable Canadian securities legislation. All statements contained herein, other than statements of historical fact, including, without limitation, those relating to the Company’s growth strategy, the potential impact of its TAO purchase and staking activities, expected revenue generation, and other future plans, constitute “forward-looking information.” Forward-looking information is frequently identified by words such as "expects," "anticipates," "believes," "intends," and similar expressions or statements that events, conditions, or results "will", "may", "could", or "should" occur or be achieved.

There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation to update forward-looking statements herein except as required by applicable securities laws. Investors are cautioned against attributing undue certainty to forward-looking statements herein.

Investors are encouraged to consult the Company's public filings available on SEDAR+ for a comprehensive discussion of risk factors relevant to its business and operations.
2025-10-03 01:30 5mo ago
2025-10-02 21:01 5mo ago
Chevron vs. Exxon Stock: Which Oil Giant is the Better Investment? stocknewsapi
CVX XOM
Falling back towards $60 a barrel, the recent surge in crude oil prices was short-lived, with it being noteworthy that these levels are below the threshold for peak profitability.

However, Chevron (CVX - Free Report)  and Exxon Mobil (XOM - Free Report)  are at the forefront of companies that can still capitalize, making it a worthy topic of which oil giant may be the better investment at the moment.

Although there are some caveats, both have optimized their operations to thrive even with crude prices being suppressed this year. Correlating with such, Exxon and Chevron control over 20% of the global oil and gas integrated operations market.

Being the largest U.S. oil firms, Exxon currently has a market cap of over $477 billion, followed by Chevron at $267 billion.  

Image Source: Zacks Investment Research

Chevron & Exxon’s Operational ExcellenceExcelling in upstream oil production (exploration & extraction) as well as oil refining, Chevron and Exxon have maintained their dominance by focusing on high-return projects while maintaining disciplined capital spending.

Exxon especially stands out in this regard, having more than $15 billion in cash & equivalents and $447.59 billion in total assets compared to $177.63 billion in total liabilities.

Image Source: Zacks Investment Research

While Chevron’s cash pile of $4 billion isn’t as mesmerizing, its total assets of $250.82 billion are nicely above it total liabilities of $103.56 billion.

Image Source: Zacks Investment Research

Sector HeadwindsDespite their strong balance sheets, Chevron and Exxon haven’t been immune to headwinds that have affected the broader energy sector, including layoffs and reduced hiring due to falling oil prices and rising input costs.

Notably, Chevron has announced it will reduce its workforce by 20% through 2026, and Exxon is cutting 2,000 positions as part of a restructuring. Furthermore, Exxon’s profit most recently dipped to a four-year low during Q2 to $1.64 per share, with Chevron’s Q2 EPS falling to $1.77 compared to $2.55 in the comparative quarter.

Performance & Valuation ComparisonYear to date, Chevron stock is up a modest +6% which has edged Exxon’s +4% and their Zacks Oil and Gas-Integrated-International Market’s +5%.

From a longer-term view, Chevron and Exxon have been very viable investments although they have trailed the broader market’s YTD return of +15%.

In the last five years, Exxon stock is still sitting on industry-leading gains of +230% with Chevron shares up over +100%, trailing the Oil and Gas-Integrated-International Market’s +140% but edging the benchmark S&P 500.

Image Source: Zacks Investment Research

At 20X and 16X forward earnings, respectively, CVX and XOM do trade at premiums to the industry average of 10.6X but are the clear-cut leaders in the space and offer pleasant discounts to the S&P 500. 

Although they also trade above the industry’s 0.6X price to forward sales multiple, CVX and XOM are still under the preferred level of less than 2X, and the S&P 500’s 5.6X.

Image Source: Zacks Investment Research

CVX & XOM Dividend ComparisonKnown for their enticing dividends, Chevron’s 4.43% annual yield is roughly on par with the industry average and tops Exxon’s 3.54%. These yields impressively edge the S&P 500’s 1.09% average.

Image Source: Zacks Investment Research

Bottom LineFor now, Chevron and Exxon stock both land a Zacks Rank #3 (Hold). Given what has been a prolonged suppression in crude prices, there could be better entry points to invest in these oil conglomerates.

Optimistically, this may present appealing opportunities for long-term investors who may prefer Exxon stock, given its industry-leading returns in the last five years, although those seeking higher income in the portfolio may favor Chevron.
2025-10-03 01:30 5mo ago
2025-10-02 21:04 5mo ago
Ryoncil® Receives J-Code From Medicare & Medicaid Services (CMS) Facilitating Reimbursement and Broader Patient Access stocknewsapi
MESO
October 02, 2025 21:04 ET

 | Source:

Mesoblast Limited

NEW YORK, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Mesoblast Limited (Nasdaq:MESO; ASX:MSB), global leader in allogeneic cellular medicines for inflammatory diseases, today announced that a specific Healthcare Common Procedure Coding System (HCPCS) J-Code assigned to Ryoncil® (remestemcel-L-rknd) by United States Medicare & Medicaid Services (CMS) became active for billing and reimbursement on October 1, 2025.1 Formal recognition by CMS is a significant milestone for Ryoncil® as the product becomes easier to bill and pay for.

The new permanent J-Code, J3402, provides a standardized, clear, permanent, and specific billing pathway for Ryoncil® by Medicaid, facilitating reimbursement and broader patient access for this important therapy. Additionally, commercial payers look to the permanent J-code to update their coverage systems.

Ryoncil® is the first mesenchymal stromal cell (MSC) product approved by the U.S. Food and Drug Administration (FDA) for any indication, and the only product approved for children under age 12 with steroid-refractory acute graft-versus-host disease (SR-aGvHD).2

Mesoblast Chief Executive Dr. Silviu Itescu said: “A permanent J-Code is a critical element for successful commercialization of rare disease products, ensuring more efficient billing and enabling timely access to Ryoncil® for children with life-threatening SR-aGvHD.”

Healthcare providers can begin using J3402 for claims submitted on or after October 1, 2025. For detailed coding and billing guidance, providers are encouraged to consult ryoncil.com.3

About Mesoblast
Mesoblast (the Company) is a world leader in developing allogeneic (off-the-shelf) cellular medicines for the treatment of severe and life-threatening inflammatory conditions. The therapies from the Company’s proprietary mesenchymal lineage cell therapy technology platform respond to severe inflammation by releasing anti-inflammatory factors that counter and modulate multiple effector arms of the immune system, resulting in significant reduction of the damaging inflammatory process.

Mesoblast’s Ryoncil® (remestemcel-L-rknd) for the treatment of steroid-refractory acute graft versus host disease (SR-aGvHD) in pediatric patients 2 months and older is the first FDA-approved mesenchymal stromal cell (MSC) therapy. Please see the full Prescribing Information at www.ryoncil.com.

Mesoblast is committed to developing additional cell therapies for distinct indications based on its remestemcel-L and rexlemestrocel-L allogeneic stromal cell technology platforms. Ryoncil® is being developed for additional inflammatory diseases including SR-aGvHD in adults and biologic-resistant inflammatory bowel disease. Rexlemestrocel-L is being developed for heart failure and chronic low back pain. The Company has established commercial partnerships in Japan, Europe and China.

About Mesoblast intellectual property: Mesoblast has a strong and extensive global intellectual property portfolio, with over 1,000 granted patents or patent applications covering mesenchymal stromal cell compositions of matter, methods of manufacturing and indications. These granted patents and patent applications are expected to provide commercial protection extending through to at least 2041 in major markets.

About Mesoblast manufacturing: The Company’s proprietary manufacturing processes yield industrial-scale, cryopreserved, off-the-shelf, cellular medicines. These cell therapies, with defined pharmaceutical release criteria, are planned to be readily available to patients worldwide.

Mesoblast has locations in Australia, the United States and Singapore and is listed on the Australian Securities Exchange (MSB) and on the Nasdaq (MESO). For more information, please see www.mesoblast.com, LinkedIn: Mesoblast Limited and Twitter: @Mesoblast

References / Footnotes

https://www.cms.gov/files/document/r13425cp.pdfPlease see the full Prescribing Information at www.ryoncil.com.Coding and coverage decisions are made by payers, and coverage cannot be guaranteed.
Forward-Looking Statements
This press release includes forward-looking statements that relate to future events or our future financial performance and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. We make such forward-looking statements pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. Forward-looking statements should not be read as a guarantee of future performance or results, and actual results may differ from the results anticipated in these forward-looking statements, and the differences may be material and adverse. Forward-looking statements include, but are not limited to, statements about: the initiation, timing, progress and results of Mesoblast’s preclinical and clinical studies, and Mesoblast’s research and development programs; Mesoblast’s ability to advance product candidates into, enroll and successfully complete, clinical studies, including multi-national clinical trials; Mesoblast’s ability to advance its manufacturing capabilities; the timing or likelihood of regulatory filings and approvals, manufacturing activities and product marketing activities, if any; the commercialization of Mesoblast’s RYONCIL for pediatric SR-aGVHD and any other product candidates, if approved; regulatory or public perceptions and market acceptance surrounding the use of stem-cell based therapies; the potential for Mesoblast’s product candidates, if any are approved, to be withdrawn from the market due to patient adverse events or deaths; the potential benefits of strategic collaboration agreements and Mesoblast’s ability to enter into and maintain established strategic collaborations; Mesoblast’s ability to establish and maintain intellectual property on its product candidates and Mesoblast’s ability to successfully defend these in cases of alleged infringement; the scope of protection Mesoblast is able to establish and maintain for intellectual property rights covering its product candidates and technology; estimates of Mesoblast’s expenses, future revenues, capital requirements and its needs for additional financing; Mesoblast’s financial performance; developments relating to Mesoblast’s competitors and industry; and the pricing and reimbursement of Mesoblast’s product candidates, if approved. You should read this press release together with our risk factors, in our most recently filed reports with the SEC or on our website. Uncertainties and risks that may cause Mesoblast’s actual results, performance or achievements to be materially different from those which may be expressed or implied by such statements, and accordingly, you should not place undue reliance on these forward-looking statements. We do not undertake any obligations to publicly update or revise any forward-looking statements, whether as a result of new information, future developments or otherwise.

Release authorized by the Chief Executive.

For more information, please contact:

Corporate Communications / Investors Paul Hughes T: +61 3 9639 6036   Media – Global  Allison Worldwide Emma Neal T: +1 603 545 4843 E: [email protected]   Media – Australia BlueDot Media Steve Dabkowski T: +61 419 880 486 E: [email protected] 
2025-10-03 01:30 5mo ago
2025-10-02 21:15 5mo ago
Univest Securities, LLC Announces Closing of $8.5 Million Public Offering for its Client Cheer Holding, Inc. (NASDAQ: CHR) stocknewsapi
CHR
New York, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Univest Securities, LLC (“Univest”), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the closing of Public Offering (the “Offering”) of approximately $8.5 million for its client Cheer Holding, Inc. (NASDAQ: CHR) (“Cheer Holding” or the “Company”), a leading provider of advanced mobile internet infrastructure and platform services.

The offering is comprised of 12,686,565 units (each a “Unit”), consisting of one Class A ordinary share of the Company, par value $0.001 per share (the “Class A Ordinary Shares”), or in lieu thereof, a pre-funded warrant, one series A warrant to purchase one Class A Ordinary Share (each, a “Series A Warrant”) and one series B warrant to purchase one Class A Ordinary Share (each, a “Series B Warrant”). The public offering price of the Units is $0.67 per Unit. Each of the Series A Warrants and the Series B Warrants will have an exercise price of $0.7035 per Class A Ordinary Share and be exercisable beginning on the date of the issuance date and ending on the one year anniversary of the issuance date. In addition, a holder of the Series B Warrant may also effect a “zero exercise price” option at any time while the Series B Warrants are outstanding. Under the zero exercise price option, the holder of Series B Warrants will receive 5.1235 Class A Shares for each Series B Warrant exercised.

The aggregate gross proceeds to the Company were approximately $8.5 million, before deducting placement agent fees and other estimated expenses payable by the Company, excluding the exercise of any warrants offered. The Company intends to use the net proceeds from the offering for general working capital purposes and other general corporate purposes, including sales and marketing expenses for user acquisition.

Univest Securities, LLC acted as the sole placement agent.

The securities described above were offered by the Company pursuant to a registration statement on Form F-1 (File No. 333-289372) previously filed and declared effective by the Securities and Exchange Commission (the “SEC”) on September 30, 2025. A final prospectus supplement and accompanying prospectus describing the terms of the proposed offering were filed with the SEC and are available on the SEC's website located at http://www.sec.gov. Electronic copies of the final prospectus supplement and the accompanying prospectus may be obtained, by contacting Univest Securities, LLC at [email protected], or by calling +1 (212) 343-8888.

This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sales of such securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. Copies of the prospectus supplement relating to the registered direct offering, together with the accompanying base prospectus, can be obtained at the SEC's website at www.sec.gov.

About Univest Securities, LLC

Registered with FINRA since 1994, Univest Securities, LLC provides a wide variety of financial services to its institutional and retail clients globally including brokerage and execution services, sales and trading, market making, investment banking and advisory, and wealth management. It strives to provide clients with value-add service and focuses on building long-term relationships with its clients. As a prominent name on Wall Street, Univest has successfully raised over $1.5 billion in capital for issuers across the globe since 2019 and has completed approximately 100 transactions spanning a wide array of investment banking services in various industries, including technology, life sciences, industrial, consumer goods, etc. For more information, please visit: www.univest.us.

About Cheer Holding, Inc.

As a preeminent provider of next-generation mobile internet infrastructure and platform services in China, Cheer Holding is dedicated to building a digital ecosystem that integrates “platforms, applications, technology, and industry” into a cohesive digital eco-system, thereby creating a new, open business environment for web3.0 that leverages AI technology. The Company is developing a 5G+VR+AR+AI shared universe space that builds on cutting-edge technologies including blockchain, cloud computing, extended reality, and digital twin.

Cheer Holding’s portfolio includes a wide range of products and services, such as CHEERS Telepathy, CHEERS Video, CHEERS e-Mall, CHEERS Open Data, CheerReal, CheerCar, CheerChat, Polaris Intelligent Cloud, AI-animated short drama series, short video matrix, variety show series, Livestreaming, and more. These offerings provide diverse application scenarios that seamlessly blend “online/offline” and “virtual/reality” elements.

With “CHEERS+” at the core of Cheer Holding’s digital ecosystem, the Company is committed to utilizing innovative product applications and technologies to drive its long-term sustainable and scalable growth. For more information, please visit the Company’s website: http://ir.gsmg.co/.

Forward-Looking Statements

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and the completion of the initial public offering on the anticipated terms or at all, and other factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. Univest Securities LLC and the Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

For more information, please contact:

Univest Securities, LLC
Edric Guo
Chief Executive Officer
75 Rockefeller Plaza, Suite 18C
New York, NY 10019
Phone: (212) 343-8888
Email: [email protected] 
2025-10-03 01:30 5mo ago
2025-10-02 21:16 5mo ago
The drug price deal between Pfizer and the Trump administration was built on down-to-the-wire team negotiations, building on a relationship between CEO Albert Bourla and President Trump stocknewsapi
PFE
Down-to-the wire team negotiations capped a long dance between President Trump and CEO Albert Bourla.
2025-10-03 01:30 5mo ago
2025-10-02 21:20 5mo ago
Apple removes ICE tracking apps after Trump AG pressure stocknewsapi
AAPL
Apple on Thursday night said that it was removing apps from its App Store that can be used to track U.S. Immigration and Customs Enforcement agents.

The move came after pressure on the company from Attorney General Pam Bondi.

"We created the App Store to be a safe and trusted place to discover apps," Apple said in a statement to NBC News.

"Based on information we've received from law enforcement about the safety risks associated with ICEBlock, we have removed it and similar apps from the App Store," the company said.

Fox Business first reported Apple's move.

Bondi, in a statement to Fox News Digital, said, "We reached out to Apple today demanding they remove the ICEBlock app from their App Store — and Apple did so."

"ICEBlock is designed to put ICE agents at risk just for doing their jobs, and violence against law enforcement is an intolerable red line that cannot be crossed," Bondi said in the statement.

"This Department of Justice will continue making every effort to protect our brave federal law enforcement officers, who risk their lives every day to keep Americans safe," she said.

This is breaking news. Please refresh for updates.
2025-10-03 01:30 5mo ago
2025-10-02 21:23 5mo ago
Grifols: Significant Upside Likely Materializing stocknewsapi
GRFS
SummaryGrifols demonstrates strong recovery, with leverage reduced to 4.2x and dividend reinstated, supporting a renewed investment case.GRFS posted robust Q2 2025 results: 7% revenue growth, 12.5% EBITDA growth, and near-record margins, reinforcing its global plasma leadership.Valuation remains compelling, with a new price target of €23/share and a 'BUY' rating, reflecting over 100% potential upside in coming years.Risks include leverage and technological disruption, but fundamentals, improved FCF, and market position justify continued confidence in GRFS.Looking for a helping hand in the market? Members of iREIT®+HOYA Capital get exclusive ideas and guidance to navigate any climate. Learn More » Victor Golmer/iStock Editorial via Getty Images

I've been covering Grifols (NASDAQ:GRFS) for over 2 years. While I initially started out somewhat more dubious, what the company has done over the past few quarters, and over the last annual, reinforces my investment thesis from my

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

While this article may sound like financial advice, please observe that the author is not a CFA. It may be structured as such, but it is not financial advice. Investors are required and expected to do their own due diligence and research prior to any investment.
They generally are not appropriate for someone with limited capital, limited investment experience, or a lack of understanding for the necessary risk tolerance involved. I own the European/Scandinavian tickers (not the ADRs) of all European/Scandinavian companies listed in my articles.
I own the Canadian tickers of all Canadian stocks I write about. Please note that investing in European/Non-US stocks comes with withholding tax risks specific to the company's domicile as well as your personal situation. Investors should always consult a tax professional as to the overall impact of dividend withholding taxes and ways to mitigate these.

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

Recommended For You
2025-10-03 00:30 5mo ago
2025-10-02 18:04 5mo ago
BNB Price Rally: Can Bulls Push Beyond $1,200 cryptonews
BNB
Binance Coin (BNB) is once again making headlines in the crypto market as it reclaims the crucial $1,000 support level. Following Kazakhstan's announcement of its first crypto reserve fund, which named BNB as its debut investment, the token has gained renewed momentum.
2025-10-03 00:30 5mo ago
2025-10-02 18:30 5mo ago
Google's Gemini AI Predicts Huge Gains for XRP, Pi Coin, and Shiba Inu by the End of 2025 cryptonews
PI SHIB XRP
Gemini AI predicts that XRP, Pi Coin, and Shiba Inu have positioned for outsized returns as Bitcoin has approached records, U.S. policy has clarified stablecoin rules, legal outcomes and ETFs have aided sentiment, and technical patterns plus network updates have supported gains.
2025-10-03 00:30 5mo ago
2025-10-02 18:36 5mo ago
Why Is Dogecoin Up 13.4% This Week? cryptonews
DOGE
The meme coin is flying this week.

Dogecoin (DOGE 4.11%) is moving higher this week, up 13.4% as of 6:03 p.m. ET on Thursday, as measured from last Friday at 4 p.m. The move comes as the S&P 500 and the Nasdaq-100 gained 1.1% and 1.6%, respectively.

As Bitcoin goes, so too does most of the crypto market -- Dogecoin included. While this doesn't always hold, it's usually a fair bet that if it's a big week for the original crypto, it'll be a positive week for the meme coin as well.

That's what is happening here. Bitcoin is up nearly 10% this week as investors react to the U.S. government shutdown. The coin is often touted as "digital gold," making it attractive in times of uncertainty.

Image source: Getty Images.

Dogecoin is a risky asset
Despite the fact that Dogecoin often gets a bump when Bitcoin trades higher, over time, its value is anything but tied together. Dogecoin is highly speculative, and its value is essentially driven by hype. It wasn't created to be a serious investment, and it shouldn't be considered one now. With a meme coin like Dogecoin, the bottom can fall out at any moment, and its price could plummet.

In the long run, Bitcoin is a much better choice.

Johnny Rice has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Bitcoin. The Motley Fool has a disclosure policy.
2025-10-03 00:30 5mo ago
2025-10-02 18:40 5mo ago
Officials Warn Against Using Seized BTC to Fill UK Fiscal Gap Amid Legal Uncertainty cryptonews
BTC
The UK Treasury is reportedly considering keeping most of the 61,000 bitcoins seized from Chinese fraudsters in 2018, potentially to help address fiscal shortfalls. However, officials have warned against relying on the crypto due to the likelihood of a lengthy legal battle.
2025-10-03 00:30 5mo ago
2025-10-02 18:48 5mo ago
Uptober Boost: DOGE Rockets 11% in a Week, More Ahead? cryptonews
DOGE
Dogecoin breaks resistance with 11% weekly gains. Analysts see higher lows and strong momentum, eyeing $0.34 as the next target.

Dogecoin (DOGE) was trading around $0.26 at press time, having gained 7% over the last 24 hours and 11% over the past seven days. This price action is turning heads as October begins with some hints of the momentum being a little stronger.

Daily Breakout Signals Shift
Analyst Trader Tardigrade reported that DOGE closed above a descending resistance trendline on the daily chart. The move was confirmed by the Relative Strength Index (RSI), which also broke above its downtrend.

Source: Trader Tardigrade/X
Notably, the daily candle close above resistance is the first clear signal of a potential trend shift. Tardigrade described it as “a strong start for Uptober,” pointing to renewed momentum after weeks of sideways movement.

On the 8-hour chart, Tardigrade highlighted a repeating setup where tight consolidation phases have been followed by sharp breakouts. Previous examples in July and mid-September led to strong upward moves.

The most recent consolidation around $0.23 has now broken upward. Projections from the chart suggest DOGE could test the $0.34 level if the same structure repeats.

$Doge/8-hour

Tight consolidation with a Breakout leads to a massive surge 🔥 pic.twitter.com/TdemaAZI6q

— Trader Tardigrade (@TATrader_Alan) October 2, 2025

Higher Lows Add to Bullish Case
Daan Crypto Trades noted that DOGE has been forming higher lows since the April 2025 bottom. The meme coin is trading above the 200-day EMA ($0.22) and 200-day MA ($0.203), with both levels acting as dynamic support.

You may also like:

Dogecoin (DOGE) Rally Lacks Retail Mania – And That Might Be Bullish

Major Crypto Unlock for this Week: SOL, AVAX, and DOGE Face $790M Supply Surge

12 Best Meme Coins to Watch in July 2025

He explained,

“$DOGE held where it should have and put in a higher low just like most majors.”

Resistance levels sit at $0.39688 and $0.43481, making them key zones to watch if DOGE continues its pattern of higher highs and higher lows.

Source: Daan Crypto Trades/X
Futures Data Shows Steady Build-Up
Byzantine General observed that DOGE is maintaining higher lows on the futures chart, supported by a gradual rising trendline. They commented,

“I just realised that $DOGE is making higher and higher lows… Maybe DOGE is cooking something.”

Supporting metrics show open interest has eased, reducing leverage in the market. Funding rates across exchanges remain balanced, while trading volumes are steady but lower than late 2024 peaks. Liquidations remain contained, indicating fewer forced sell-offs.

Source: Byzantine General/X
By this combination, DOGE is amassing momentum, with the base tending to be more stable as both spot price action and futures data point toward increasing potential for an extended rally.

Tags:
2025-10-03 00:30 5mo ago
2025-10-02 18:55 5mo ago
XRP Price Prediction: SWIFT Partners With Ethereum Firm – Is Ripple Losing the Payments Race It Started? cryptonews
ETH XRP
A bullish XRP price prediction is gaining traction again as Ripple's long-term position looks increasingly strong – despite SWIFT's recent partnership with Ethereum development firm Consensys.The banking network is now testing blockchain-based payments with over 30 major institutions across 16 countries.
2025-10-03 00:30 5mo ago
2025-10-02 19:00 5mo ago
Analyst Shares ‘Realistic' XRP Price Prediction For 2025 – It's In The Double-Digits cryptonews
XRP
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The crypto market is full of bold claims, but one analyst is sharing a view that he calls both realistic and possible for the XRP price. The popular crypto commentator’s focus is on XRP and what its price might look like in 2025. At the center of his outlook is the idea that the right mix of factors could send the XRP price to much higher levels than it has seen in years.

Jake Claver Predicts XRP Price Could Reach $10–$13 By Year-End
The respected voice in the crypto community recently gave his thoughts on where XRP might be heading. In a video shared on X, Claver explained that clear market signals unfolding in the months ahead could drive XRP to a price between $10 and $13 by the end of this year.

Claver’s main reason for this prediction is the expected approval of XRP Exchange-Traded Funds (ETFs). According to him, once these funds are approved, they could bring in fresh streams of money and open new demand, helping XRP finally move into double-digit prices.

Claver stated that October will be a key month, as the SEC may decide on the ETFs during that time. Institutional demand would start flowing in, and this added momentum could give the XRP price the strong push it needs to reach this forecasted $10–$13 price range.

ETFs And Other Catalysts May Push It Even Higher
While Claver sees ETFs as the main driver, he does not stop there. He explained that other factors could help XRP climb beyond the $13 mark, with possible highs reaching $20 or even $25 if conditions turn out to be more favorable than expected.

Claver says the future looks promising for the XRP price because blockchain technology continues to improve. As XRP becomes more useful in everyday life, it will naturally attract more attention and demand from everyday traders, as well as institutions such as banks and investment firms that are beginning to enter the market. 

If blockchain upgrades continue, adoption increases, and institutions stay active in the market, XRP could realistically hit the $10–$13 range. Claver also noted that XRP’s journey isn’t just about reaching the price range. Investors watching both retail trends and institutional moves may find new opportunities as the market evolves. 

According to Claver, these trends make XRP a token worth following closely in the coming months. With the broader market involvement, he believes XRP could create more momentum, and if the trend continues, the token may climb to higher price levels in the months ahead.

If everything aligns, the ETFs, technological progress, and rising adoption, then the XRP price has a real chance of moving significantly higher. His outlook is that a price of $10 to $13 is a reasonable and realistic target, but he does not rule out even more ambitious levels. 

Price ready to retest $3 | Source: XRPUSDT on Tradingview.com
Featured image created with Dall.E, chart from Tradingview.com

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.

Sign Up for Our Newsletter!
For updates and exclusive offers enter your email.

I'm Sandra White, a writer at Bitcoinist, and I provide the latest updates on the world of cryptocurrencies. I believe crypto a gateway to a new order and I have made it my life's mission to help educate as much people as possible.
When I'm not at work, I love listening to music, learning new things, and dream of traveling around the world.
2025-10-03 00:30 5mo ago
2025-10-02 19:00 5mo ago
Users Can Now Swap Cardano Across 20+ Chains as Hoskinson Reacts cryptonews
ADA
Cardano (ADA), one of the largest proof-of-stake blockchains, has just unlocked a major cross-chain functionality. On September 30, the NEAR Protocol announced that Cardano has been integrated into its NEAR Intents platform, enabling ADA holders to seamlessly swap their tokens across more than 20 blockchains.
2025-10-03 00:30 5mo ago
2025-10-02 19:00 5mo ago
Bitcoin Sharpe-Like Ratio Shows Market In Wait-and-See Mode At $119,000 cryptonews
BTC
As Bitcoin (BTC) steadily makes its way toward its current all-time high (ATH) of $124,128, optimism seems to be returning to the market. However, fresh data from Binance shows that BTC’s gains barely outweigh the risks posed by the digital asset’s volatility.

Bitcoin Maintaining A Risk-Reward Balance
According to a CryptoQuant Quicktake post by contributor Arab Chain, latest data from Binance – the world’s leading cryptocurrency trading platform in terms of liquidity – suggests that BTC is currently maintaining a risk-reward balance.

Specifically, the Sharpe-like ratio on Binance currently stands at 0.18, a figure very close to neutral territory. To explain, a Sharpe-like ratio measures how much return an investment generates relative to the risk it takes, similar to the Sharpe ratio but often using adjusted benchmarks or risk measures.

When the Sharpe-like ratio is above 0.5, investing in Bitcoin becomes attractive since the potential returns outweigh the risks. On the contrary, a negative reading of the ratio discourages investors from taking risks, since volatility exceeds returns.

During 2024, when the cryptocurrency market was largely weak and volatile, the Sharpe-like ratio spent most of the time in the negative territory. In contrast, the ratio reached elevated levels, signaling a strong uptrend, at the beginning of 2025.

Currently, the Bitcoin market is trading between the two extremes – the market is neither dangerous nor in a powerful uptrend. Notably, the market appears to be in a phase of equilibrium and accumulation, as it trades close to $119,000. Arab Chain added:

The latest figures show that the 30-day average return stands at just 0.26%, highlighting that the market is not delivering outsized gains; investors entering now are likely to see only modest profits relative to risk. Meanwhile, 30-day volatility is around 1.37%, which indicates a natural, moderate level of price fluctuation – not excessively calm but not alarmingly unstable either.

Source: CryptoQuant
BTC Needs A Catalyst For Next Leg Up
The CryptoQuant analyst added that the BTC market is currently awaiting a bullish catalyst or strong inflows to extend its uptrend. However, if the Sharpe-like ratio falls below zero again, then a period of price correction may follow.

On the flipside, the ratio sustaining above 0.5 for several days – coupled with a price breakout above the $120,000 to $122,000 range on healthy volume – would suggest a fresh upward trend for the top cryptocurrency by market cap.

Recent on-chain data hints toward a potential rally setup for BTC. Notably, the short-term holder (STH) spent output profit ratio (SOPR) recently recovered slightly to 0.995.

That said, Bitcoin must defend the important $90,000 support level to avoid entering a new bear market. At press time, BTC trades at $118,788, up 1.3% in the past 24 hours.

Bitcoin trades at $118,788 on the daily chart | Source: BTCUSDT on TradingView.com
Featured image from Unsplash, charts from CryptoQuant and TradingView.com
2025-10-03 00:30 5mo ago
2025-10-02 19:03 5mo ago
XRP Analyst: SWIFT “Isn't Picking Sides” On Integration cryptonews
XRP
SWIFT’s strategy isn’t about picking one winner, but rather striving for universal connectivity across miscellaneous ledgers.

Published:
October 2, 2025 │ 10:16 PM GMT

Created by Gabor Kovacs from DailyCoin

The most recent independent research by the cryptic market watcher SMQKE puts all eyes on Ripple’s XRP Ledger once again. According to SMQKE, SWIFT’s recent bold declaration of building a stand-alone blockchain doesn’t mean the major-scale financial conglomerate is not partnering with other blockchains.

XRP Or HBAR? SWIFT Doesn’t Have To Pick Sides..A while ago, SWIFT revealed XRP & Hedera Hashgraph (HBAR) testing for Q4 of 2025, which could solve the long-term issue of long payment processing times between borders, as well as better fee efficiency. Indeed, a transaction on Ripple’s own XRP Ledger typically costs around $0.00003, or the base fee of $0.00001 XRP.

On the other hand, SWIFT’s current financial messaging system costs around $20 – $50 per transaction, often taking up three to four days to clear. So, a direct integration between XRP Ledger & SWIFT could dramatically reduce both the processing windows & the transaction costs, while an Eastnets representative showed how XRP is working with SWIFT via a third-party solution.

Third Parties Implemented XRP On SWIFT Already?As an ISO 20022-compatible asset, Ripple (XRP) coin can be moved throughout the SWIFT network via PaymentSafe, which is sort of an universal translator for converting various payments formats on & off-ramp. Via the Straight-Trough Processing (STP) framework, PaymentSafe enables XRP support on SWIFT without much hassle as a bridge currency.

Garnering over $155 trillion in annualized transaction volume, SWIFT is set to give an opinion on whether Ripple’s XRP Ledger or Hedera Hashgraph (HBAR) have higher chances of succeeding, but it’s fair to say that Ripple’s XRP Ledger hosts hefty transfer volumes every day, often reaching beyond $10 billion, while the competing HBAR Network revolves around $200 million per day.

Discover DailyCoin’s hottest crypto news:
Pi Network’s DeFi Beast Awakens: DEX & AMM Reinforce Pi Coin
Polymarket Prepares U.S. Return After Securing CFTC Approval

People Also Ask:What does “SWIFT isn’t picking sides” mean in the context of XRP integration hype?

SWIFT’s neutrality suggests it’s exploring multiple technologies, including but not limited to XRP, without committing exclusively to any single solution, despite community speculation.

Why is XRP’s potential SWIFT integration a hot topic?

XRP’s integration could revolutionize cross-border payments by leveraging its low-cost, high-speed transactions, challenging SWIFT’s traditional dominance in global finance.

What recent developments fuel this discussion?

SWIFT’s September 2025 announcement of a blockchain-based ledger with over 30 financial institutions reignites debates, as XRP’s ISO 20022 compliance positions it as a candidate, though not confirmed.

How does Eastnet’s PaymentSafe factor into this?

Eastnets platform, connecting Ripple’s technology with SWIFT, hints at indirect integration possibilities, fueling community hopes despite no direct SWIFT-XRP confirmation.

What’s the broader market impact of this uncertainty?

The ambiguity keeps XRP’s price volatile, with investors weighing potential upside against regulatory and competitive risks in the evolving cross-border payment landscape.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.
2025-10-03 00:30 5mo ago
2025-10-02 19:05 5mo ago
Perp DEXs Smash $1 Trillion Monthly Volume as Aster and Hyperliquid Drive Growth cryptonews
ASTER HYPE
TL;DR

Perpetual futures DEXs surpassed the $1 trillion mark in monthly volume, hitting $1.226T in September, up 48% from August.
Aster led with $493.61B and nearly half the market, followed by Hyperliquid with over $280B and Lighter DEX with $164.4B in private beta.
Aster generated $121M in fees in just one week, outpacing Circle and closing in on Tether, while Hyperliquid added $23M.

Decentralized perpetual futures exchanges crossed the $1 trillion monthly volume threshold for the first time, underscoring the market’s rapid expansion.

According to DeFiLlama data, perpetual trading platforms in the DeFi space processed $1.226 trillion over the past 30 days, a 48% increase from the $707.6 billion recorded in August.

Aster Leads Market Activity
The surge was fueled by Aster and Hyperliquid, which became the central drivers of onchain derivatives activity. Aster took the lead with $493.61 billion, nearly half of the entire market, while Hyperliquid recorded more than $280 billion over the same period.

Lighter DEX, still in private beta, surprised observers after reaching $164.4 billion and securing third place. Other projects such as EdgeX, Pacifica, and Bybit-affiliated Apex Protocol contributed a combined $116 billion.

In terms of fee generation, Aster outperformed Circle and closed in on Tether. Over the past week, it brought in $121 million, compared to Circle’s $56 million and just $34 million short of Tether. Hyperliquid generated $23 million and remained among the top five revenue-generating protocols in the market.

Formerly known as APX Finance, Aster rebranded after merging with Astherus and with the backing of YZi Labs. Positioned as a Binance-adjacent perp DEX, it attracted significant liquidity and pushed its token to a fully diluted valuation of $14.6 billion, currently trading at $1.82.

Hyperliquid Remains the Dominant DEX
Despite Aster’s rapid rise, Hyperliquid continues to dominate with roughly 70% of the perp DEX market share. The platform has consistently posted record-breaking activity, including $248 billion in 24-hour trading volume in May and $106 million in revenue in August — the highest figure across DeFi protocols. Its HYPE token trades at $49.63 with a fully diluted valuation of $49.5 billion.

The growth of perpetual DEXs also puts them in direct comparison with Binance, the leading centralized exchange. Over the last 24 hours, Binance Futures reported $83 billion in trading volume, while Aster and Hyperliquid combined for $78 billion despite being barely a year old, compared to Binance’s six years of operation
2025-10-03 00:30 5mo ago
2025-10-02 19:15 5mo ago
Will a Europe-US BTC reserve race actually happen? cryptonews
BTC
Will a Europe-US BTC reserve race actually happen? Gino Matos · 43 mins ago · 3 min read

Sweden’s opposition and a US lawmaker floated national Bitcoin reserves: here’s what would need to pass, and how it could reprice BTC.

Oct. 3, 2025 at 12:14 am UTC

3 min read

Updated: Oct. 3, 2025 at 12:57 am UTC

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

Swedish opposition MPs from the Sweden Democrats filed a parliamentary motion on Oct. 2, urging the government to explore a national Bitcoin (BTC) reserve.

The proposal is framed as diversification alongside kronor and gold, seeded partly with seized crypto. Additionally, it holds explicit skepticism about central bank digital currencies (CBDCs).

On the same day, Rep. Nick Begich renewed his push for a “Strategic Bitcoin Reserve,” referring back to the BITCOIN Act reintroduced in March and proposing a five-year path to acquire up to one million BTC using “budget-neutral” mechanisms.

Taken together, the clustered signals indicate that politicians in two advanced economies are testing sovereign BTC exposure within the same news cycle.

If words turn to actionA US federal purchase program sized at 1 million BTC would equal approximately 4.76% of Bitcoin’s fixed 21 million supply and cost roughly $120 billion, for $120,000 per BTC.

Even a smaller pilot tranche would mechanically withdraw liquid supply, raise term scarcity, and tighten the float available to private buyers, effects that past state accumulations have hinted at.

El Salvador’s on-chain reserve, now slightly over 6,260 BTC, accounts for only about 0.03% of the total supply. However, its visibility made the idea of sovereign BTC ownership a real possibility to policymakers.

Sweden’s motion did not specify a target size, but its logic mirrors other proposals, including the Czech central bank governor’s suggestion to allocate up to 5% of FX reserves to Bitcoin. The move by the Czech central bank would funnel approximately €7 billion, or roughly 63,000 BTC at a price of $120,000, equivalent to 0.3% of the total supply.

Cross-geo, the political signals rhyme even if the legal mechanics differ. Sweden’s motion routes through the Riksdag, and if taken up by the government, would likely be referred to the finance ministry and central bank for feasibility work alongside existing gold and foreign exchange frameworks.

In the US, Congress can legislate purchases and governance while leveraging March’s executive order that established a federal Bitcoin reserve and digital asset stockpile.

The BITCOIN Act notes funding via Fed remittances and balance sheet revaluation tools to avoid direct appropriations. Sub-national experiments also matter to sentiment, as New Hampshire authorized up to 5% of state funds to be invested in precious metals and large-cap digital assets.

Abroad, Pakistan has established a national reserve as part of a broader mining and data center program. None of these is the same as a G7 central bank buying BTC outright, but together they map a vector rather than an anecdote.

Potential steps and resultsThe policy steps that would actually move macro relationships are straightforward and powerful.

First, there is a statutory authority to purchase and hold Bitcoin as a reserve asset, with clear mandates for custody, auditing, and reporting. Once a paramount sovereign can buy programmatically rather than opportunistically, supply absorption becomes predictable.

Second is a funding rule, whether budget-neutral mechanisms in the US or rebalancing rules in Europe, that automates the bid across cycles.

Third is a disclosure cadence similar to that of FX reserves data. Suppose markets can anchor on scheduled sovereign prints. In that case, BTC’s sensitivity to real yields can fall as “policy demand” partially replaces “risk appetite” demand, similar to how official sector gold buying has damped gold’s beta to rates at the margin.

Finally, reserve management guidelines that permit lending, swaps, or strategic liquidity provision would pull Bitcoin into the plumbing of public finance, broadening the set of price-insensitive balance sheets on the bid.

The upshot is that credible, sovereign demand would tend to weaken the historical inverse correlation between BTC and real yields during accumulation windows, with the sign and magnitude depending on the size and transparency of the program.

Sizing the ideas on the table gives perspective. The US proposal would amount to 4.76% of the supply.

Meanwhile, El Salvador’s disclosed holdings surpassed 6,260 BTC. The Czech governor’s experiment would capture 0.3% of the supply.

The US federal government already controls a sizable amount of BTC from forfeitures, roughly 200,000 BTC, according to tallies shared by White House crypto czar David Sacks. The amount translates to nearly 1% of the supply.

As a result, formalizing part of that as strategic reserves would not be “new” demand, but changing the mandate could alter global patterns.

Considering Bitcoin’s fixed supply and the global signals, a reserve race between the US and Europe is a plausible outcome. The test is whether parliaments and Congress convert talking points into purchase authority, funding rules, and disclosures that markets can model.

If they do, the repricing won’t just be about Bitcoin increasing in value because governments are buying. It will be about a new class of structurally price-insensitive actors refactoring how Bitcoin trades against real yields, FX, and risk assets.

Mentioned in this articleLatest Sweden StoriesLatest Bitcoin Stories
2025-10-03 00:30 5mo ago
2025-10-02 19:28 5mo ago
Tether's $1 Billion Bitcoin Buy Triggers Market Bubble Concerns cryptonews
BTC USDT
In the world of cryptocurrency, few events make headlines as much as large-scale Bitcoin purchases. Tether, the issuer of the largest stablecoin USDT, has surge intense debate after confirming a $1 billion Bitcoin acquisition, equivalent to around 8,800 BTC, in the third quarter of 2025.
2025-10-03 00:30 5mo ago
2025-10-02 19:29 5mo ago
Bitcoin Investment Powers Durov's Lifestyle, Not Telegram cryptonews
BTC
Ted Hisokawa
Oct 03, 2025 00:29

Telegram founder Pavel Durov disclosed that his primary wealth originates from early Bitcoin investments rather than his messaging platform.

In a stunning revelation that reshapes perceptions of tech billionaire wealth, Telegram founder Pavel Durov disclosed that his lavish lifestyle has been entirely funded by early Bitcoin investments rather than his globally dominant messaging platform.

Speaking candidly about his financial strategy, Durov revealed he purchased several thousand Bitcoin in 2013 at approximately $700 per coin, investing several million dollars in what many considered a risky digital experiment at the time.

The Contrarian Bet That Paid Off
While most tech entrepreneurs extract wealth from their successful ventures, Durov took the opposite approach. He maintained his Bitcoin holdings even as prices crashed below $200, demonstrating unwavering conviction in the cryptocurrency's long-term potential.

"I believed this was how money should work," Durov explained, emphasizing Bitcoin's resistance to government confiscation and political censorship. His decision to hold rather than sell during the brutal bear market of 2014-2015 now appears prescient, with Bitcoin currently trading at multiples of his original purchase price.

The revelation comes as a surprise to industry observers who assumed Telegram's massive user base translated into personal wealth for its founder. Instead, Durov characterized his messaging empire as a "money-losing operation" that only achieved profitability in 2024.

Telegram's Delayed Profitability Journey
Despite boasting over 950 million active users globally, Telegram struggled financially for over a decade. The platform's commitment to user privacy meant rejecting traditional advertising models that monetize personal data, forcing Durov to subsidize operations from his personal fortune.

"We had to innovate extensively to reach profitability without resorting to exploiting user data," Durov noted, highlighting the platform's principled approach to business.

The breakthrough came through premium subscriptions and in-app payment systems. Telegram now counts over 15 million paid subscribers and generated more than $500 million from premium features this year alone.

Dr. Sarah Chen, a blockchain economist at Stanford University, views Durov's strategy as validation of early cryptocurrency adoption. "His experience demonstrates how Bitcoin served as a store of value during the extended development phase of his primary business venture," Chen observed.

Million-Dollar Bitcoin Prediction
Durov's confidence in Bitcoin extends far beyond his personal financial success. He predicts the cryptocurrency will eventually reach $1 million per coin, driven by continued government monetary expansion and Bitcoin's fixed supply cap of 21 million coins.

"Governments keep printing money while nobody's printing Bitcoin," Durov stated, highlighting the fundamental scarcity that underpins his bullish outlook.

This prediction aligns with growing institutional adoption and increasing recognition of Bitcoin as a hedge against monetary debasement. Michael Rodriguez, senior analyst at Crypto Capital Management, suggests Durov's track record lends credibility to such forecasts.

"When someone who's successfully navigated both tech entrepreneurship and early cryptocurrency adoption makes predictions, the market pays attention," Rodriguez commented.

The TON Blockchain Legacy
Beyond Bitcoin, Durov's cryptocurrency involvement extends to The Open Network (TON), originally developed as Telegram's native blockchain. Despite regulatory challenges that forced Telegram to distance itself from the project, TON has evolved into a significant ecosystem supporting NFT trading and decentralized applications.

The network's native token, Toncoin, reached $8.25 in mid-2024 before declining, yet Durov considers the project a success, particularly in NFT adoption metrics.

Privacy-First Wealth Strategy
Durov's financial approach reflects his broader philosophy on privacy and decentralization. By maintaining wealth in Bitcoin rather than traditional financial instruments, he demonstrates practical application of the principles underlying Telegram's privacy-focused messaging service.

This strategy proved particularly valuable during his recent legal challenges in France, where traditional asset freezing mechanisms would have posed greater risks to conventionally held wealth.

As cryptocurrency adoption accelerates among high-net-worth individuals, Durov's decade-long experience provides a compelling case study for digital asset wealth preservation strategies.

The Telegram founder's journey from early Bitcoin adopter to tech billionaire illustrates how cryptocurrency investments can provide financial independence for entrepreneurs pursuing long-term, mission-driven ventures that prioritize user value over immediate profitability.

Image source: Shutterstock

pavel durov
bitcoin investment
telegram ceo
cryptocurrency holdings
bitcoin price prediction
crypto wealth
digital assets
blockchain technology
2025-10-03 00:30 5mo ago
2025-10-02 19:30 5mo ago
Ripple Highlights RLUSD's Role in Africa's Breakaway From Legacy Finance Chains cryptonews
RLUSD XRP
Ripple's RLUSD stablecoin is unlocking a new era of financial access in Africa, driving faster payments, beating inflation, and bridging banking gaps with blockchain precision.
2025-10-03 00:30 5mo ago
2025-10-02 19:33 5mo ago
‘Horse has left the barn:' ETHZilla bets big on Ethereum's stablecoin play cryptonews
ETH
ETHZilla CEO McAndrew Rudisill has revealed he made the decision to go all in on Ethereum after seeing its potential in the nearly trillion-dollar global remittance market.

Two months later, his formerly floundering biotechnology company is now the eighth-largest public Ethereum treasury in the world.

“Ethereum is effectively a gateway for money supply globally to transmit in US dollars,” ETHZilla CEO McAndrew Rudisill told Cointelegraph.

The company began life as Life Sciences Corp, a Nasdaq-listed biotechnology firm, which rebranded as ETHZilla Corporation in July, shortly after the US President Donald Trump signed the GENIUS Act into law, aiming to establish rules for stablecoins. 

“There are a lot of real-world asset applications that you’re going to be able to use Ethereum for, and they are on their way right now,” he said, noting Ethereum’s function as a store of value as well. 

ETHZilla is the eighth-largest Ether (ETH) treasury company out of 69 listed and holds over 102,000 tokens.

Rudisill said the company decided to move ahead with Ether specifically because the “race is on right now,” to determine which blockchain is the best, and the “horse has left the barn,” on Ethereum.  

Since pivoting into Ether, ETHZilla Corporation has acquired over 102,000 tokens for its treasury. Source: StrategicEtherReserve“A lot of the new networks that have been created on layer 2s are actually going to be networks that interface with what we would call traditional finance activities in the world today, whether it be structured credit, all kinds of Wall Street applications.”ETHZilla wants “as much Ether as possible”BitMine Immersion Technologies is the largest Ether treasury company, with 2.65 million tokens, worth over $11 billion, and has set a goal of holding 5% of the token supply.

Rudisill said ETHZilla doesn’t have a set number in mind but wants to acquire “as much Ether as possible,” and put it to “work in a variety of different L2 protocols,” to generate “substantially higher yield” than normal staking.

Source: ETHZilla“We are taking the cash from the Ether to be deployed to buy more and effectively help further build out the L2 network, because that’s ultimately what’s going to allow Ethereum to expand,” Rudisill said.

“The reason ETHZilla exists is because we want to be that bridge between what’s going on with traditional finance and what’s going on in the digital finance world. So having a lot of Ethereum helps us to do that.” Ether price will rise off back of stablecoin growthEther is trading hands for $4,148, according to CoinGecko, and has been moving between $3,846 and $4,226 over the last seven days.

Rudisill predicts that a price of $20,000 for Ether in the next few years isn’t entirely unreasonable, because the price has been in a consolidation pattern for years and is poised to break out on the back of stablecoin growth.

“Once it breaks through $5,000, I think it’s actually going to be a function of the underlying base load on the infrastructure just being so tight that it’s going to push each level up one. And I think we’re actually there right now.”The GENIUS Act is still awaiting final regulations before implementation, but analysts have also predicted it will be a key driver for the market.

Meanwhile, there are already $158 billion in stablecoin transactions on the Ethereum network, according to data analytics platform DefiLlama, compared to $77 billion on the second-largest network, Tron. 

More Ether companies will likely pop up  In total, Ether treasury companies hold 5.5 million Ether — around 4.54% of the token supply. Rudisill speculates that there may be more companies taking the plunge, but is also skeptical that all will survive in the long term. 

“I think there’s going to be a wide disparity in quality, management teams, and I think there’s many that don’t really have a business model that’s built around it to sustain the business,” he said.

At the same time, Rudisill thinks more governments will start to get involved in crypto too as they battle to avoid missing the boat.

“There’s a general acceptance that the financial infrastructure that we have in a lot of places is antiquated, and they do recognize that and if they don’t sort of get involved in what’s going on with digital assets, then they’re going to get left behind,” Rudisill said.

“And that’s why, I think you’ve seen large banks and financial institutions and people start talking about other digital assets and accepting Bitcoin as collateral, just because we’re in a transition period globally.” Founded in 2016 as a clinical-stage biotechnology firm, Life Sciences went public in 2020, but after its initial public offering, the stock plunged by over 99% in the last five years. 

The sharp decline was attributed mainly to a lack of revenue and mounting losses, but since ETHZilla’s Ether pivot, the stock has registered a gain of 44% for the year, with its best-performing month coming in August when it rocketed to $10.70.

Since its pivot into crypto, ETHZilla stock has registered a 44% gain year-to-date. Source: Google Finance Rudisill said that while it’s true many small public companies without a clear path forward either get restructured or delisted, ETHZilla is different.

“We are not just a crypto treasury play, we are building a cash-flow generating layer-2 protocol business with over $1 billion in assets,” he said.

“Our focus is on long-term technology development and real utility, not short-term financial maneuvers. The rebrand and pivot reflect a clear strategy for growth and innovation, not a reactionary move to stock performance.”Magazine: Meet the Ethereum and Polkadot co-founder who wasn’t in Time
2025-10-03 00:30 5mo ago
2025-10-02 19:48 5mo ago
Crypto Price Prediction Today October 2 – XRP, Pepe, Dogecoin cryptonews
DOGE PEPE XRP
The market is picking up even more steam today, making the crypto price prediction for these 3 alts very bullish.
2025-10-03 00:30 5mo ago
2025-10-02 20:00 5mo ago
Ethereum 150% Surge Against Bitcoin Loses Steam After 40 Days cryptonews
BTC ETH
The phenomenal +150% run that saw Ethereum dramatically outperform Bitcoin has officially hit the brakes. After fueling the recent altcoin mini-season, the crucial ratio has stalled out completely, exhibiting 40 days of stagnation. With the main engine of the altcoin market now idling, the initial euphoria is fading, raising serious concerns about the stability and short-term future of nearly every asset outside of BTC.

Is Ethereum Entering A Healthy Accumulation Phase?
The powerful momentum behind altcoins has evaporated following the stagnation of the ETH/BTC ratio. A full-time crypto trader and investor, Daan Crypto Trades has highlighted that after a monumental +150% run from its low against Bitcoin, ETH performance has completely stalled for the last 40 days. This pause immediately translates into palpable weakness across the board, with momentum-driven sentiment turning sour quickly as most altcoins start to retrace what they gained in the months prior.

While altcoin traders prefer to see their tokens rally, the analyst views the current shift as a necessary and potentially healthy correction. He suggests that it’s beneficial that BTC is absorbing some of the bid and liquidity again as it works to pull the entire market out of its current slump consolidation.

ETH fading momentum against BTC | Source: Chart from Daan Crypto Trades on X
Daan Crypto Trades identifies the ETH/BTC ratio as being in “no man’s land” currently, adding that he would only regain interest in the pair if it moved back above the 0.041 level or a decisive retest of the 0.032 level.

However, the expert concluded that whatever ETH does against BTC will remain the primary barometer for the overall health of the altcoin market and the BTC Dominance trend. Therefore, this key pair should be monitored closely.

Reversal Signals Strengthen On The 4-Hour Chart
Technical analyst GeoMetric is calling the end of the market slump, basing his bullish forecast on clear signals from his proprietary Gaussian Breakout screener. According to GeoMetric, BTC, ETH, and most Altcoins have all successfully broken out of their Gaussian channels on the 4H chart. The expert views this as a firm confirmation of a reversal, provided these assets can maintain their position above the mid-line of the channel.

GeoMetric noted that BTC has flipped bullish on almost every major time frame except for the 3-day chart, which is the last holdout. Also, he has expressed his focus on the time frame for now. While considering this as a relief and great start to October overall, the market has finally turned the corner after a difficult week, characterized by liquidations, widespread capitulation, and generally terrible sentiment.

He acknowledges the difficulty of maintaining a positive outlook when the market is collapsing. “As convinced as I was, it’s never easy bull posting amidst the FUD and asking everyone to hold the line, and it takes a lot out of me,” GeoMetric stated.

ETH trading at $4,373 on the 1D chart | Source: ETHUSDT on Tradingview.com
Featured image from Getty Images, chart from Tradingview.com
2025-10-03 00:30 5mo ago
2025-10-02 20:00 5mo ago
Zcash – Can ZEC's 58% rally set the stage for $200 breakout? cryptonews
ZEC
Journalist

Posted: October 3, 2025

Key Takeaways
What fueled ZEC’s rally?
Zcash jumped 58% as market cap crossed $2.3 billion, with Futures Taker CVD showing strong buyer-side dominance.

Can Zcash’s momentum hold?
The breakout cleared $100 resistance, but neutral Spot indicators left sustainability uncertain without broader market inflows.

Zcash [ZEC] stunned the market with a 58% rally, at press time, in the past 24 hours, lifting its price near $146.

The surge pushed its circulating market cap to a record $2.27 billion, drawing fresh attention to the privacy-focused token.

AMBCrypto will break down what this milestone means, how Futures market data reflects trader positioning, and whether technical charts support a sustained move past the $100 level.

ZEC circulating market cap reaches record high
Crossing the $2 billion mark is more than just a key achievement for ZEC.

Market capitalization reflected not only price movement but also overall network valuation and setting a new all-time high suggested that investor confidence in ZEC had been strengthening. 

For a token that usually sits outside top-tier attention, this milestone signaled a shift in perception. Traders suggested it could open the door to further inflows and higher resistance tests.

Source: Token Terminal

Futures tilt toward buyers
Adding to the bullish outlook, CryptoQuant’s Futures Taker Cumulative Volume Delta (CVD) data indicated clear buyer dominance in leveraged markets.

The metric highlighted how buy-side volume outweighed sell-side flows, suggesting conviction behind ZEC’s rally.

Even so, the size of buyer dominance remained below levels seen in ZEC’s earlier bull runs. That suggested leverage supported the rally, but conviction had not yet reached euphoric levels.

Spot indicators stayed neutral at press time, leaving traders to watch whether futures-driven pressure would spill into ZEC’s spot market.

Source: CryptoQuant

Zcash technicals also lean bullish
By contrast, TradingView charts showed ZEC extended its three-day surge after breaking out of a consolidation channel. Clearing the $100 psychological resistance left traders eyeing $200 if momentum persisted.

Daily Bollinger Bands widened to their highest in years, at press time, confirming heavy volatility. That pointed to continuation potential, but also warned of retracement risk as gaps remained below.

At the same time, the Stochastic Momentum Index hovered above 60, showing strong momentum but not yet extreme exhaustion.

The bias leaned bullish, though traders flagged cautionary signals of overextension.

Source: TradingView

Momentum or overextension?
The combination of a new market cap peak and Futures market buyer dominance painted a constructive short-term outlook for ZEC.

If the momentum continues, traders and investors alike could see further price appreciation in the coming days. 

However, sustainability remains the key question. Without follow-through from broader market conditions and Spot activity, rallies driven primarily by futures traders can risk quick reversals.
2025-10-03 00:30 5mo ago
2025-10-02 20:00 5mo ago
$2B USDT Just Minted On Ethereum: Fresh Liquidity For Uptober? cryptonews
ETH USDT
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Ethereum continues to assert its dominance in the crypto market as another USDT mint bolsters its position as the leading blockchain for stablecoin activity. While Tron has long competed for stablecoin market share, Ethereum remains the chain with the highest USDT supply, now holding an impressive $78.5 billion worth of Tether onchain.

This new mint underscores Ethereum’s critical role in the digital asset ecosystem. As the backbone for decentralized finance (DeFi), institutional flows, and exchange liquidity, the crypto giant consistently attracts stablecoin issuances that fuel both spot and derivatives markets. The growing supply also highlights its resilience as the network of choice for major issuers like Tether, despite higher transaction costs compared to other blockchains.

The timing is especially important as the broader market transitions into a new phase. Bitcoin’s recent momentum has reignited optimism, and ETH appears to be following closely, supported by strong fundamentals. Analysts point out that stablecoin growth not only signals higher liquidity but also reinforces adoption across DeFi protocols, NFT marketplaces, and tokenized assets.

USDT Mint On Ethereum Sparks Uptober Hopes
The market just received a major boost in liquidity after blockchain analytics platform Arkham Intelligence reported that $2,000,000,000 USDT was minted on Ethereum. Large-scale mints of Tether are often interpreted as signals of incoming market activity, as they provide new liquidity that can flow into Bitcoin, Ethereum, and altcoins. Historically, similar events have preceded sharp price moves, as traders and institutions deploy stablecoin reserves into spot markets.

Tether Minting $2B USDT on Ethereum | Source: Arkham
Many analysts believe this fresh $2B injection could be the catalyst for the long-awaited “Uptober” rally. Uptober is a term widely used in the crypto community to describe Bitcoin and Ethereum’s strong seasonal performance in October. Data shows that October has historically delivered some of the best monthly returns for crypto, with multiple cycles marking the start of major bull runs during this period. Investors often anticipate this seasonal tailwind, creating a self-reinforcing momentum effect as capital enters the market.

Ethereum’s role in this dynamic is crucial. As the primary chain for USDT issuance, Ethereum benefits directly from the increase in on-chain liquidity. Higher stablecoin balances on Ethereum often translate into greater activity across DeFi protocols, exchanges, and staking platforms, strengthening its position as the backbone of crypto adoption.

If history repeats itself, this $2B USDT mint could mark the beginning of Uptober’s bullish phase—supporting not only Ethereum but the broader crypto market. Analysts will be watching closely to see how quickly this liquidity enters the system and whether it helps sustain upward momentum through October and beyond.

Ethereum Pushes Toward $4,400 After Bounce
Ethereum (ETH) is trading around $4,380 after staging a strong recovery from recent lows near $4,000. The daily chart shows ETH regaining momentum, with price breaking back above the 50-day moving average (blue) and testing the $4,400 resistance zone. This level is significant, as it marked repeated rejection points throughout September, and a decisive breakout could open the door to $4,600 and higher.

ETH testing critical resistance | Source: BTCUSDT chart on TradingView
The broader structure remains bullish. Ethereum continues to trade above the 100-day (green) and 200-day (red) moving averages, which have acted as long-term support throughout 2024 and 2025. These moving averages reinforce the market’s upward bias, suggesting that the recent correction was more of a consolidation phase than the start of a broader reversal.

Momentum indicators are also improving, with buyers stepping in aggressively after ETH briefly dipped below $4,100 last week. The sharp rebound suggests strong demand around that zone, and short-term traders will be watching whether $4,300 can now act as a support base.

Featured image from ChatGPT, chart from TradingView.com

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.
2025-10-03 00:30 5mo ago
2025-10-02 20:01 5mo ago
Crypto Market Prediction: XRP Ready for $3, Bitcoin (BTC) Can't Handle It, Is Shiba Inu (SHIB) Ready for $0.00002? cryptonews
BTC SHIB XRP
Cover image via www.freepik.com

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

Uptober continues with explosive rallies here and there: XRP is readying to break $3, Bitcoin is barely handling the enormous buying support it is facing and Shiba Inu might finally be ready for $0.00002.

XRP can smell $3Right now, XRP is hovering just below $3, one of the most important resistance levels on its daily chart. Even though the asset has recovered from recent lows thanks to bullish momentum, the technical setup indicates that XRP may soon face a make-or-break moment. On the daily chart, short-term buyers are pushing the price toward the descending trendline resistance as XRP rises back above its 50-day EMA. 

XRP/USDT Chart by TradingViewThis level is very close to the crucial $3 threshold and has consistently rejected XRP since its peak in July. Selling pressure is particularly strong in this area due to the presence of a distinct downward-sloping resistance line and convergent moving averages. Despite the fact that interest in the asset has returned, the moderate volume indicates that there is not enough explosive confirmation to indicate a real breakout.

HOT Stories

The RSI, on the other hand, is at about 55, giving XRP some leeway for growth while simultaneously indicating traders' caution. Higher levels at $3.20 and $3.50 might become possible if XRP can decisively break through the $3 resistance. The chart does, however, clearly indicate that this zone will serve as a barrier.

If the price does not break $3, it might retrace back toward $2.84 or even lower to $2.61. In the past, XRP has had difficulty holding onto gains above $3 in the absence of powerful catalysts, and the momentum of Bitcoin continues to dominate the market today. If there are no notable volume inflows or fundamental news, XRP might experience yet another severe rejection.

Bitcoin overheatingBitcoin is on its way to hitting the $120,000 mark. A warning sign for the rally, though, is that Bitcoin is now approaching overbought conditions on a number of time frames, which raises the possibility of a pullback.

Bitcoin has surged above the 50 and 100 EMAs on the daily chart, demonstrating strong momentum following its recovery from support around $112,000. The RSI is currently above 70, indicating that the rally may be ahead of itself, even though momentum is still strong. Although volume has also increased during the surge, indicating that buyers are actively driving prices higher, these parabolic movements frequently result in temporary exhaustion.

BTC/USDT Chart by TradingViewIt is interesting to note that increased uncertainty in conventional markets is accompanied by this most recent rally. The U.S. government shutdown this week has caused volatility in the bond and equity markets. Bitcoin has historically done well in these times, and investors have used it as a substitute hedge. Indeed, when the previous U.S. government shutdown occurred, Bitcoin also saw a significant surge as traders sought assets outside of traditional finance.

The key resistance level, which serves as both a psychological barrier and a possible profit-taking zone, is currently at $120,000. The next targets for Bitcoin, if it can cleanly break above this level, are between $124,000 and $126,000. On the downside, the 200 EMA is close to $106,500, which would act as a deeper reset level if momentum wanes and $114,000 provides immediate support.

Shiba Inu's key confrontationAs it moves closer to the $0.000012 resistance level, Shiba Inu is confronted with one of its most crucial technical moments in months. This level could dictate the token’s course over the next 1-2 months, making it more than just another price checkpoint.

The daily chart shows that, following weeks of sideways consolidation, SHIB has recovered well from support around $0.0000114, regaining bullish momentum. As the price moves closer to the upper limit of its symmetrical triangle pattern, the 50 and 100 EMAs are serving as immediate obstacles.

SHIB is currently testing the $0.000012 zone, which has historically served as both strong support and resistance. A decisive breakout above this level could open the doors to $0.0000136 and $0.000014, aligning with the descending trendline resistance from earlier peaks. During this climb, volume has started to rise, albeit not dramatically, indicating cautious optimism among traders rather than pure euphoria.

The RSI, meanwhile, is slightly above 50, suggesting that the market is balanced and has potential for both upward continuation and correction should momentum wane. The downside risk is a return to the $0.0000114-$0.0000112 support range if SHIB is unable to break through $0.000012 with conviction. The consolidation phase would be prolonged by such a rejection, possibly postponing any breakout attempts until late October or early November.

Given the bullish sentiment on the larger cryptocurrency market, particularly with Bitcoin regaining its higher levels, and October (also known as Uptober) historically favoring rallies, SHIB’s current test is very important. Restoring retail flows into the token and solidifying bullish sentiment could be achieved by a successful breach of $0.000012.
2025-10-02 23:30 5mo ago
2025-10-02 19:01 5mo ago
Howmet (HWM) Stock Slides as Market Rises: Facts to Know Before You Trade stocknewsapi
HWM
In the latest trading session, Howmet (HWM - Free Report) closed at $191.08, marking a -1.93% move from the previous day. This move lagged the S&P 500's daily gain of 0.06%. Meanwhile, the Dow gained 0.17%, and the Nasdaq, a tech-heavy index, added 0.39%.

Coming into today, shares of the maker of engineered products for the aerospace and other industries had gained 11.67% in the past month. In that same time, the Aerospace sector gained 4.81%, while the S&P 500 gained 3.94%.

The investment community will be paying close attention to the earnings performance of Howmet in its upcoming release. The company is slated to reveal its earnings on October 30, 2025. The company is forecasted to report an EPS of $0.9, showcasing a 26.76% upward movement from the corresponding quarter of the prior year. In the meantime, our current consensus estimate forecasts the revenue to be $2.04 billion, indicating a 11.3% growth compared to the corresponding quarter of the prior year.

For the annual period, the Zacks Consensus Estimates anticipate earnings of $3.57 per share and a revenue of $8.12 billion, signifying shifts of +32.71% and +9.35%, respectively, from the last year.

Investors should also pay attention to any latest changes in analyst estimates for Howmet. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Howmet presently features a Zacks Rank of #2 (Buy).

Looking at valuation, Howmet is presently trading at a Forward P/E ratio of 54.53. For comparison, its industry has an average Forward P/E of 26.16, which means Howmet is trading at a premium to the group.

It is also worth noting that HWM currently has a PEG ratio of 2.53. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Aerospace - Defense industry had an average PEG ratio of 2.22 as trading concluded yesterday.

The Aerospace - Defense industry is part of the Aerospace sector. This industry currently has a Zacks Industry Rank of 138, which puts it in the bottom 45% of all 250+ industries.

The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
2025-10-02 23:30 5mo ago
2025-10-02 19:02 5mo ago
Warner Bros. Discovery: Stock Price Action Points To A Market Valuation Weakness stocknewsapi
WBD
Analyst’s Disclosure:I/we have a beneficial long position in the shares of WBD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Disclaimer: I am not an investment advisor and this is not a recommendation to buy or sell a security. Investors are recommended to read all of the company's filings and press releases as well as do their own research to determine if the company fits their own investment objectives and risk portfolios.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2025-10-02 23:30 5mo ago
2025-10-02 19:07 5mo ago
Why Saudi Arabia bought EA in world's biggest gaming deal stocknewsapi
EA
From a $55 billion gaming takeover to the NFL's surprising shake-ups, here's what's moving money and markets in the sports world. This week on Yahoo Finance Sports Report, host Joe Pompliano takes a look at some of this week's biggest headlines in the sports business world that you and your portfolio need to know.
2025-10-02 23:30 5mo ago
2025-10-02 19:09 5mo ago
Alphabet Prepares to Sell Life Sciences Unit Verily stocknewsapi
GOOG GOOGL
Alphabet has been preparing for two years to sell its life sciences unit, Verily, a company executive told a court Thursday (Oct. 2).

Testifying as a defense witness in the Justice Department’s antitrust case against another Alphabet business unit, Google, which involves the company’s advertising technology, Heather Adkins, Google’s vice president of security engineering, said Verily has been working to move from Google’s own infrastructure to Google Cloud, Bloomberg reported Thursday.

“We are in the process of helping them become an independent company,” Adkins said, speaking of Verily, according to the report.

This is the first time a Google executive has said the company aims to spin off Verily, the report said.

A Verily spokesperson told Bloomberg, per the report: “At the end of 2024, we finalized a long planned separation to our own technical and operational infrastructure from Google, so that we can continue to grow as an independent company within Alphabet,” and added that they do not comment on nonpublic information.

Alphabet led a $1 billion investment round for Verily in September 2022. Verily said at the time that the capital would be used “to support a variety of the company’s core initiatives focused on real-world evidence generation, healthcare data platforms, research and care, and the underlying technology that drives this work.”

Advertisement: Scroll to Continue

Verily also said at the time that it would consider future investments in strategic partnerships, global business development and acquisitions.

It was reported in August that Verily laid off staff and wound down its medical devices program as part of a shift of its focus to artificial intelligence (AI) and data infrastructure.

The move mirrored Alphabet’s efforts to cut costs in some areas and boost its investment in AI, TechCrunch said in that report.

In June, Verily said in a press release that it extended its partnership with Vanderbilt University Medical Center to provide researchers with cloud-based access to analyze biomedical data through the National Institutes of Health All of Us Research Program’s Researcher Workbench program.

The company said its curation and enrichment capabilities support a research ecosystem made up of proprietary and third-party datasets that can be accessed and analyzed.
2025-10-02 23:30 5mo ago
2025-10-02 19:10 5mo ago
Vireo Growth Inc. Enters into Definitive Agreements to Acquire Outstanding Senior Secured Convertible Notes of Schwazze stocknewsapi
VREOF
– Transaction reflects continuation of Vireo’s M&A strategy and is expected to close later this month –

October 02, 2025 19:10 ET

 | Source:

Vireo Growth Inc.

MINNEAPOLIS, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Vireo Growth Inc. ("Vireo" or the "Company") (CSE: VREO; OTCQX: VREOF) today announced that it has entered into definitive agreements to acquire approximately 86% of the outstanding senior secured convertible notes (the “Notes”) of public U.S. multi-state cannabis operator, Medicine Man Technologies Inc. (dba “Schwazze”) from third-party noteholders. The Notes will be acquired at a price substantially below par value, for total consideration of approximately $62 million payable in subordinate voting shares of the Company at closing, at a deemed price per share of $0.54.

The transaction is expected to close later this month. Completion of the transaction is subject to customary conditions, including receipt of necessary approvals.

About Vireo Growth Inc.

Vireo was founded in 2014 as a pioneering medical cannabis company. Vireo is building a disciplined, strategically aligned, and execution-focused platform in the industry. This strategy drives our intense local market focus while leveraging the strength of a national portfolio. We are committed to hiring industry leaders and deploying capital and talent where we believe it will drive the most value. Vireo operates with a long-term mindset, a bias for action, and an unapologetic commitment to its customers, employees, shareholders, industry collaborators, and the communities it serves. For more information about Vireo, visit www.vireogrowth.com.

Contact Information

Joe Duxbury
Chief Accounting Officer
[email protected]

Forward-Looking Statement Disclosure

This press release contains “forward-looking information” within the meaning of applicable United States and Canadian securities legislation. To the extent any forward-looking information in this press release constitutes “financial outlooks” within the meaning of applicable United States or Canadian securities laws, this information is being provided as preliminary financial results; the reader is cautioned that this information may not be appropriate for any other purpose and the reader should not place undue reliance on such financial outlooks. Forward-looking information contained in this press release may be identified by the use of words such as “should,” “believe,” “estimate,” “would,” “looking forward,” “may,” “continue,” “expect,” “expected,” “will,” “likely,” “subject to,” and variations of such words and phrases, or any statements or clauses containing verbs in any future tense and includes statements regarding the Company’s M&A strategy, the timing of the close of the acquisition of the Notes, if closing occurs at all; and the receipt of necessary approvals and satisfaction of other customary conditions. These statements should not be read as guarantees of future performance or results. Forward-looking information includes both known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of the Company or its subsidiaries to be materially different from any future results, performance, or achievements expressed or implied by the forward-looking statements or information contained in this press release. Forward-looking information is based upon a number of estimates and assumptions of management, believed but not certain to be reasonable, in light of management’s experience and perception of trends, current conditions, and expected developments, as well as other factors relevant in the circumstances, including assumptions in respect of current and future market conditions, the current and future regulatory environment, and the availability of licenses, approvals and permits.

Although the Company believes that the expectations and assumptions on which such forward-looking information is based are reasonable, the reader should not place undue reliance on the forward-looking information because the Company can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. Forward-looking information is subject to a variety of risks and uncertainties that could cause actual events or results to differ materially from those projected in the forward-looking information. Such risks and uncertainties include, but are not limited to: risks related to the timing and content of adult-use legislation in markets where the Company currently operates; current and future market conditions, including the market price of the subordinate voting shares of the Company; risks related to epidemics and pandemics; federal, state, local, and foreign government laws, rules, and regulations, including federal and state laws and regulations in the United States relating to cannabis operations in the United States and any changes to such laws or regulations; operational, regulatory and other risks; execution of business strategy; management of growth; difficulties inherent in forecasting future events; conflicts of interest; risks inherent in an agricultural business; risks inherent in a manufacturing business; liquidity and the ability of the Company to raise additional financing to continue as a going concern; the Company’s ability to meet the demand for flower in its various markets; risk of failure in the lawsuit with Verano and the cost of that litigation; our ability to dispose of our assets held for sale at an acceptable price or at all; and risk factors set out in the Company's Form 10-K for the year ended December 31, 2024, which is available on EDGAR with the U.S. Securities and Exchange Commission and filed with the Canadian securities regulators and available under the Company's profile on SEDAR+ at www.sedarplus.com.

The statements in this press release are made as of the date of this release. Except as required by law, we undertake no obligation to update any forward-looking statements or forward-looking information to reflect events or circumstances after the date of such statements.
2025-10-02 23:30 5mo ago
2025-10-02 19:16 5mo ago
Onto Innovation (ONTO) Laps the Stock Market: Here's Why stocknewsapi
ONTO
In the latest trading session, Onto Innovation (ONTO - Free Report) closed at $139.83, marking a +1.89% move from the previous day. The stock outperformed the S&P 500, which registered a daily gain of 0.06%. At the same time, the Dow added 0.17%, and the tech-heavy Nasdaq gained 0.39%.

Prior to today's trading, shares of the maker of semiconductor manufacturing equipment had gained 33.68% outpaced the Computer and Technology sector's gain of 8.78% and the S&P 500's gain of 3.94%.

Analysts and investors alike will be keeping a close eye on the performance of Onto Innovation in its upcoming earnings disclosure. In that report, analysts expect Onto Innovation to post earnings of $0.89 per share. This would mark a year-over-year decline of 33.58%. Alongside, our most recent consensus estimate is anticipating revenue of $218.24 million, indicating a 13.47% downward movement from the same quarter last year.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $4.92 per share and a revenue of $992.52 million, indicating changes of -7.87% and +0.53%, respectively, from the former year.

Additionally, investors should keep an eye on any recent revisions to analyst forecasts for Onto Innovation. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.

Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Onto Innovation is currently a Zacks Rank #4 (Sell).

Looking at valuation, Onto Innovation is presently trading at a Forward P/E ratio of 27.91. This represents no noticeable deviation compared to its industry average Forward P/E of 27.91.

Also, we should mention that ONTO has a PEG ratio of 0.93. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As of the close of trade yesterday, the Nanotechnology industry held an average PEG ratio of 0.93.

The Nanotechnology industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 235, positioning it in the bottom 5% of all 250+ industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.
2025-10-02 23:30 5mo ago
2025-10-02 19:16 5mo ago
Hamilton Insurance (HG) Stock Sinks As Market Gains: Here's Why stocknewsapi
HG
In the latest trading session, Hamilton Insurance (HG - Free Report) closed at $24.15, marking a -1.51% move from the previous day. This move lagged the S&P 500's daily gain of 0.06%. Meanwhile, the Dow gained 0.17%, and the Nasdaq, a tech-heavy index, added 0.39%.

Coming into today, shares of the provider of insurance and reinsurance services had gained 0.74% in the past month. In that same time, the Finance sector gained 0.8%, while the S&P 500 gained 3.94%.

The investment community will be paying close attention to the earnings performance of Hamilton Insurance in its upcoming release. The company's earnings per share (EPS) are projected to be $0.51, reflecting a 31.08% decrease from the same quarter last year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $612.29 million, up 19.39% from the year-ago period.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $0 per share and a revenue of $2.76 billion, indicating changes of 0% and +18.28%, respectively, from the former year.

Investors might also notice recent changes to analyst estimates for Hamilton Insurance. These recent revisions tend to reflect the evolving nature of short-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.

Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Hamilton Insurance is holding a Zacks Rank of #3 (Hold) right now.

With respect to valuation, Hamilton Insurance is currently being traded at a Forward P/E ratio of 7.76. This expresses a discount compared to the average Forward P/E of 10.07 of its industry.

The Insurance - Multi line industry is part of the Finance sector. With its current Zacks Industry Rank of 82, this industry ranks in the top 34% of all industries, numbering over 250.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
2025-10-02 23:30 5mo ago
2025-10-02 19:16 5mo ago
MakeMyTrip (MMYT) Surpasses Market Returns: Some Facts Worth Knowing stocknewsapi
MMYT
In the latest close session, MakeMyTrip (MMYT - Free Report) was up +2.17% at $94.34. The stock's change was more than the S&P 500's daily gain of 0.06%. Meanwhile, the Dow gained 0.17%, and the Nasdaq, a tech-heavy index, added 0.39%.

Prior to today's trading, shares of the online travel company had lost 7.69% lagged the Computer and Technology sector's gain of 8.78% and the S&P 500's gain of 3.94%.

The investment community will be paying close attention to the earnings performance of MakeMyTrip in its upcoming release. The company is expected to report EPS of $0.45, up 25% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $264.28 million, up 25.26% from the year-ago period.

For the full year, the Zacks Consensus Estimates project earnings of $2.16 per share and a revenue of $1.19 billion, demonstrating changes of +38.46% and +21.79%, respectively, from the preceding year.

Investors should also take note of any recent adjustments to analyst estimates for MakeMyTrip. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Currently, MakeMyTrip is carrying a Zacks Rank of #3 (Hold).

In terms of valuation, MakeMyTrip is currently trading at a Forward P/E ratio of 42.75. Its industry sports an average Forward P/E of 14.77, so one might conclude that MakeMyTrip is trading at a premium comparatively.

The Internet - Delivery Services industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 169, positioning it in the bottom 32% of all 250+ industries.

The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
2025-10-02 23:30 5mo ago
2025-10-02 19:16 5mo ago
Medpace (MEDP) Stock Declines While Market Improves: Some Information for Investors stocknewsapi
MEDP
Medpace (MEDP - Free Report) closed the most recent trading day at $536.17, moving -1.42% from the previous trading session. This change lagged the S&P 500's daily gain of 0.06%. On the other hand, the Dow registered a gain of 0.17%, and the technology-centric Nasdaq increased by 0.39%.

Heading into today, shares of the provider of outsourced clinical development services had gained 13.02% over the past month, outpacing the Medical sector's gain of 5.06% and the S&P 500's gain of 3.94%.

Investors will be eagerly watching for the performance of Medpace in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on October 22, 2025. The company is forecasted to report an EPS of $3.49, showcasing a 15.95% upward movement from the corresponding quarter of the prior year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $640.76 million, up 20.14% from the year-ago period.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $13.99 per share and a revenue of $2.46 billion, indicating changes of +10.77% and +16.83%, respectively, from the former year.

Any recent changes to analyst estimates for Medpace should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.

Our research shows that these estimate changes are directly correlated with near-term stock prices. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. At present, Medpace boasts a Zacks Rank of #3 (Hold).

Valuation is also important, so investors should note that Medpace has a Forward P/E ratio of 38.88 right now. This expresses a premium compared to the average Forward P/E of 17.12 of its industry.

It's also important to note that MEDP currently trades at a PEG ratio of 3.42. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Medical Services industry had an average PEG ratio of 1.64 as trading concluded yesterday.

The Medical Services industry is part of the Medical sector. With its current Zacks Industry Rank of 135, this industry ranks in the bottom 46% of all industries, numbering over 250.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
2025-10-02 23:30 5mo ago
2025-10-02 19:16 5mo ago
Kyndryl Holdings, Inc. (KD) Rises Higher Than Market: Key Facts stocknewsapi
KD
Kyndryl Holdings, Inc. (KD - Free Report) closed the most recent trading day at $30.51, moving +1.63% from the previous trading session. The stock's performance was ahead of the S&P 500's daily gain of 0.06%. On the other hand, the Dow registered a gain of 0.17%, and the technology-centric Nasdaq increased by 0.39%.

The stock of company has fallen by 6.22% in the past month, lagging the Business Services sector's gain of 0.95% and the S&P 500's gain of 3.94%.

The investment community will be paying close attention to the earnings performance of Kyndryl Holdings, Inc. in its upcoming release. The company is forecasted to report an EPS of $0.39, showcasing a 3800% upward movement from the corresponding quarter of the prior year. Meanwhile, our latest consensus estimate is calling for revenue of $3.84 billion, up 1.78% from the prior-year quarter.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $2.2 per share and revenue of $15.65 billion, indicating changes of +84.87% and +3.92%, respectively, compared to the previous year.

Any recent changes to analyst estimates for Kyndryl Holdings, Inc. should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.

Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the past month, there's been a 1.28% fall in the Zacks Consensus EPS estimate. As of now, Kyndryl Holdings, Inc. holds a Zacks Rank of #5 (Strong Sell).

Investors should also note Kyndryl Holdings, Inc.'s current valuation metrics, including its Forward P/E ratio of 13.63. For comparison, its industry has an average Forward P/E of 22.1, which means Kyndryl Holdings, Inc. is trading at a discount to the group.

We can also see that KD currently has a PEG ratio of 2.72. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. By the end of yesterday's trading, the Technology Services industry had an average PEG ratio of 1.83.

The Technology Services industry is part of the Business Services sector. At present, this industry carries a Zacks Industry Rank of 63, placing it within the top 26% of over 250 industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.
2025-10-02 23:30 5mo ago
2025-10-02 19:16 5mo ago
Copart, Inc. (CPRT) Stock Slides as Market Rises: Facts to Know Before You Trade stocknewsapi
CPRT
Copart, Inc. (CPRT - Free Report) closed the most recent trading day at $44.57, moving -1.15% from the previous trading session. This change lagged the S&P 500's daily gain of 0.06%. Meanwhile, the Dow gained 0.17%, and the Nasdaq, a tech-heavy index, added 0.39%.

The stock of company has fallen by 6.3% in the past month, lagging the Business Services sector's gain of 0.95% and the S&P 500's gain of 3.94%.

The upcoming earnings release of Copart, Inc. will be of great interest to investors. On that day, Copart, Inc. is projected to report earnings of $0.41 per share, which would represent year-over-year growth of 10.81%. Our most recent consensus estimate is calling for quarterly revenue of $1.21 billion, up 5.48% from the year-ago period.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $1.72 per share and revenue of $4.96 billion. These totals would mark changes of +8.18% and +6.76%, respectively, from last year.

It is also important to note the recent changes to analyst estimates for Copart, Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.

Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 0.58% lower within the past month. At present, Copart, Inc. boasts a Zacks Rank of #4 (Sell).

Looking at valuation, Copart, Inc. is presently trading at a Forward P/E ratio of 26.27. For comparison, its industry has an average Forward P/E of 34.12, which means Copart, Inc. is trading at a discount to the group.

The Auction and Valuation Services industry is part of the Business Services sector. This group has a Zacks Industry Rank of 213, putting it in the bottom 14% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
2025-10-02 23:30 5mo ago
2025-10-02 19:16 5mo ago
Halliburton (HAL) Stock Dips While Market Gains: Key Facts stocknewsapi
HAL
Halliburton (HAL - Free Report) closed the most recent trading day at $24.38, moving -2.09% from the previous trading session. The stock's change was less than the S&P 500's daily gain of 0.06%. Meanwhile, the Dow gained 0.17%, and the Nasdaq, a tech-heavy index, added 0.39%.

Coming into today, shares of the provider of drilling services to oil and gas operators had gained 15.33% in the past month. In that same time, the Oils-Energy sector gained 0.54%, while the S&P 500 gained 3.94%.

The upcoming earnings release of Halliburton will be of great interest to investors. The company's earnings report is expected on October 21, 2025. The company's upcoming EPS is projected at $0.5, signifying a 31.51% drop compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $5.39 billion, down 5.31% from the year-ago period.

For the full year, the Zacks Consensus Estimates project earnings of $2.11 per share and a revenue of $21.43 billion, demonstrating changes of -29.43% and -6.6%, respectively, from the preceding year.

Any recent changes to analyst estimates for Halliburton should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.

Based on our research, we believe these estimate revisions are directly related to near-term stock moves. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.

The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.45% downward. Halliburton currently has a Zacks Rank of #4 (Sell).

Valuation is also important, so investors should note that Halliburton has a Forward P/E ratio of 11.81 right now. This denotes a discount relative to the industry average Forward P/E of 17.47.

The Oil and Gas - Field Services industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 140, putting it in the bottom 44% of all 250+ industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
2025-10-02 23:30 5mo ago
2025-10-02 19:16 5mo ago
Dow Inc. (DOW) Beats Stock Market Upswing: What Investors Need to Know stocknewsapi
DOW
Dow Inc. (DOW - Free Report) closed at $23.69 in the latest trading session, marking a +2.78% move from the prior day. The stock outperformed the S&P 500, which registered a daily gain of 0.06%. Elsewhere, the Dow saw an upswing of 0.17%, while the tech-heavy Nasdaq appreciated by 0.39%.

Shares of the materials science have depreciated by 3.68% over the course of the past month, underperforming the Basic Materials sector's gain of 4.89%, and the S&P 500's gain of 3.94%.

Market participants will be closely following the financial results of Dow Inc. in its upcoming release. The company plans to announce its earnings on October 23, 2025. In that report, analysts expect Dow Inc. to post earnings of -$0.27 per share. This would mark a year-over-year decline of 157.45%. Meanwhile, the latest consensus estimate predicts the revenue to be $10.19 billion, indicating a 6.34% decrease compared to the same quarter of the previous year.

Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.89 per share and revenue of $40.96 billion. These totals would mark changes of -152.05% and -4.67%, respectively, from last year.

It is also important to note the recent changes to analyst estimates for Dow Inc. These revisions help to show the ever-changing nature of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.

The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 7.31% lower. As of now, Dow Inc. holds a Zacks Rank of #4 (Sell).

The Chemical - Diversified industry is part of the Basic Materials sector. This industry, currently bearing a Zacks Industry Rank of 232, finds itself in the bottom 7% echelons of all 250+ industries.

The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.