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2026-03-09 05:19 1d ago
2026-03-08 23:30 1d ago
Double, Double, Oil and Trouble: Crude Hits $116 and Here's What It Means stocknewsapi
COP CVX XOM
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

© Golden Dayz / Shutterstock.com

Crude oil is sitting at $116 per barrel right now, and for the energy sector, that number carries significant weight. The last time Brent crude touched this level was March 2022, when it hit $117.25 in the wake of the Russia-Ukraine invasion. Before that, you have to go back to 2011 and 2012 to find comparable prices. This is not normal territory.

To understand what $116 oil means for the majors, you need to know where they were just a few months ago. Chevron’s average Brent crude realization in Q4 2025 was $64 per barrel, down from $75 per barrel a year prior. ConocoPhillips averaged $42.46 per BOE in Q4 2025, a 19% decline year-over-year. These companies built their 2026 plans around a much softer price deck. Now the deck has been reshuffled entirely.

The Baseline Was Already Strong ExxonMobil (NYSE:XOM) delivered $82.31 billion in Q4 2025 revenue and record full-year production of 4.7 million barrels of oil equivalent per day, all at prices well below current levels. CEO Darren Woods framed the structural story clearly on the earnings call: “Our transformed company will continue to build on this success in 2026, with higher structural earnings power, stronger mix, lower breakevens, and a portfolio designed to perform across commodity cycles.”

Chevron (NYSE:CVX) CFO Eimear Bonner put a number on the resilience: “Adjusted free cash flow was up over 35% year over year even with oil prices down nearly 15%.” The company also disclosed that its diversified portfolio carries a dividend and capex breakeven below $50 Brent. At $116, that breakeven is a distant memory.

ConocoPhillips (NYSE:COP) actually missed Q4 estimates, with reported EPS of $1.02 against a $1.09 estimate. But investors looked past the backward-looking miss. The stock has climbed 26.01% year-to-date through March 6, essentially in line with Exxon’s 26.52% YTD gain and Chevron’s 25.85%.

What $116 Actually Changes The operational leverage here is real. Exxon guided for $27 to $29 billion in 2026 capex and a $20 billion share repurchase plan built on conservative price assumptions. Chevron’s 2026 free cash flow guidance from its TCO asset alone assumed $6 billion at $70 Brent. Every dollar above that assumption drops almost entirely to the bottom line. COP has committed to returning 45% of cash flow from operations to shareholders, which means higher oil prices would increase the dollar amount of those distributions based on the formula.

The trio of Exxon, Chevron, and ConocoPhillips entered 2026 having already restructured their cost bases for a lower-price world. They cut costs, locked in production records, and set capital return targets assuming prices well below where crude trades today. At $116 oil, the math gets significantly more favorable across all three. All three companies entered 2026 having restructured their cost bases for a lower-price world, and the year-to-date gains of 26.52% for Exxon, 25.85% for Chevron, and 26.01% for ConocoPhillips reflect how markets have responded to the surge in crude prices.
2026-03-09 05:19 1d ago
2026-03-08 23:35 1d ago
ROSEN, NATIONAL TRIAL LAWYERS, Encourages Paysafe Limited Investors to Secure Counsel Before Important Deadline in Securities Class Action – PSFE stocknewsapi
PSFE
NEW YORK, March 08, 2026 (GLOBE NEWSWIRE) --

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Paysafe Limited (NYSE: PSFE) between March 4, 2025 and November 12, 2025, inclusive (the “Class Period”), of the important April 7, 2026 lead plaintiff deadline.

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

WHAT TO DO NEXT: To join the Paysafe class action, go to https://rosenlegal.com/submit-form/?case_id=2745 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 7, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

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

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Paysafe’s ecommerce business had significant exposure to a single high risk client; (2) as a result, Paysafe’s credit loss reserves and/or write-offs were understated; (3) Paysafe had an undisclosed issue with higher risk Merchant Category Codes, making its client services difficult to bank; (4) the foregoing issues were likely to have a material negative impact on Paysafe’s revenue growth and overall revenue mix; (5) as a result, Paysafe was unlikely to meet its own previously issued financial guidance for fiscal year 2025; and (6) as a result of the foregoing, defendants’ positive statements about Paysafe’s  business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Paysafe class action, go to https://rosenlegal.com/submit-form/?case_id=2745 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

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

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

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

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

Contact Information:

        Laurence Rosen, Esq.
        Phillip Kim, Esq.
        The Rosen Law Firm, P.A.
        275 Madison Avenue, 40th Floor
        New York, NY 10016
        Tel: (212) 686-1060
        Toll Free: (866) 767-3653
        Fax: (212) 202-3827
        [email protected]
        www.rosenlegal.com
2026-03-09 05:19 1d ago
2026-03-08 23:39 1d ago
ROSEN, SKILLED INVESTOR COUNSEL, Encourages KDDI Corporation Investors to Inquire About Securities Class Action Investigation - KDDIY stocknewsapi
KDDIY
New York, New York--(Newsfile Corp. - March 8, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of KDDI Corporation (OTC Pink: KDDIY) resulting from allegations that KDDI may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased KDDI securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=52883 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

WHAT IS THIS ABOUT: On February 6, 2026, KDDI posted an announcement on its website entitled "Notice Regarding Expectation that Disclosure of Earnings Report for the Third Quarter of the Fiscal Year Ending March 2026 Will Exceed the 45-Day Period Following the End of Such Quarter." The announcement stated that KDDI has "decided to postpone the disclosure of its earnings report" and that the reason for postponement was due to uncertainties regarding the quarterly results, in light of a previously announced internal investigation.

On this news, KDDI American Depositary Receipts (under the ticker symbol "KDDIY") fell 11.4% on February 6, 2026.

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

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

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

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/287722

Source: The Rosen Law Firm PA

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

Contact Us
2026-03-09 05:19 1d ago
2026-03-08 23:46 1d ago
ROSEN, NATIONAL INVESTOR COUNSEL, Encourages Lufax Holding Ltd Investors to Inquire About Securities Class Action Investigation - LU stocknewsapi
LU
New York, New York--(Newsfile Corp. - March 8, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of Lufax Holding Ltd (NYSE: LU) resulting from allegations that Lufax may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased Lufax securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=53703 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

WHAT IS THIS ABOUT: On January 27, 2025, Lufax filed with the Securities and Exchange Commission a current report on Form 6-K. Attached to the current report as an exhibit was an announcement which stated that Lufax's board had proposed to remove Lufax's auditors, and that there was a possible delay in the publication of Lufax's 2024 annual report (which in fact did occur).

On this news, Lufax American Depositary Shares ("ADSs") fell 13.8% on January 27, 2025.

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

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

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

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/287723

Source: The Rosen Law Firm PA

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

Contact Us
2026-03-09 05:19 1d ago
2026-03-08 23:50 1d ago
WeRide and Geely Farizon to Deliver 2,000 Purpose-Built Robotaxi GXRs by 2026, Advancing Large-Scale Global Commercialization stocknewsapi
WRD
GUANGZHOU, China, March 08, 2026 (GLOBE NEWSWIRE) -- WeRide (NASDAQ: WRD, HKEX: 0800), a global leader in autonomous driving technology, today signed an expanded strategic cooperation agreement with Geely’s Zhejiang Farizon New Energy Commercial Vehicle Group (Geely Farizon). The two companies announced plans to deliver 2,000 upgraded, purpose-built, mass-produced Robotaxi GXRs by 2026, advancing WeRide's progress toward large-scale global Robotaxi commercialization.

As part of the signing ceremony, the companies also showcased the upgraded Robotaxi GXR. The new model is scheduled to officially roll off the production line in the third quarter of 2026. As of January 2026, WeRide's global Robotaxi fleet had 1,023 vehicles. With the addition of 2,000 new Robotaxi GXRs, WeRide expects its global operating Robotaxi fleet to surpass 2,600 Robotaxis this year, marking steady progress toward its vision of tens of thousands of vehicles by 2030.

Equipped with WeRide’s latest GEN8 autonomous driving system, the new Robotaxi GXR delivers a substantial upgrade over the previous generation. GEN8, built around WeRide’s self-developed Sensor Suite 8.0 (SS8.0), enhances vehicle safety, consistency, and long-term operational reliability. Its thousand-line LiDAR increases point-cloud resolution by 17 times and extends detection range to 600 meters – two to three times that of mainstream industry solutions.

This ultra-long-range capability provides over 70% more reaction time for safer decision-making in high-speed scenarios, enabling the Robotaxi GXR to recognize road conditions earlier and more accurately detect small obstacles and fast-moving hazards. GEN8 also maintains stable perception in heavy rain or dense fog, ensuring safe, all-weather autonomous driving performance.

Leveraging Farizon’s advanced AI-enabled drive-by-wire chassis, along with its mature supply chain and production management system, the Robotaxi GXR delivers major gains in manufacturing efficiency, reducing vehicle assembly time from one hour to under 10 minutes. Total vehicle cost is expected to decrease by another 15%, driven by WeRide’s continued cost-innovation efforts.

“This deepened strategic collaboration between WeRide and Geely Farizon marks our shift from a product-level partnership to an integrated ecosystem, and is a significant milestone in WeRide’s global Robotaxi deployment. By combining technological leadership with high-efficiency mass production, we will accelerate commercial rollout of the Robotaxi GXR across key markets, including China, the Middle East, Southeast Asia, and Europe – delivering safer, more reliable, and more accessible autonomous mobility worldwide,” said Dr. Tony Han, Founder and CEO of WeRide.

“Our partnership with WeRide is not only a precise integration of technology and resources, but also a clear example of Farizon’s strategic transformation from manufacturing to providing comprehensive ‘intelligent manufacturing + services’ solutions. Moving forward, leveraging Farizon’s leading R&D capabilities, standardized intelligent manufacturing, and smart assembly capacity, we will establish a highly reliable and adaptable intelligent manufacturing foundation for the mass production and delivery of the purpose-built GXR model, providing strong support for the large-scale deployment of L4 autonomous driving technology,” said Mike Fan, CEO of Farizon New Energy Commercial Vehicle Group.

This strategic upgrade builds on a proven Robotaxi business model. In October 2024, WeRide launched the mass-produced Robotaxi GXR developed on Farizon’s SuperVAN platform. Four months later, it began fully driverless commercial operations in Beijing, followed by Guangzhou in August 2025. Today, the GXR operates fully driverless Robotaxi commercial services in Guangzhou, Beijing, and Abu Dhabi, and offers public passenger services in Dubai and Riyadh, with fully driverless operations set to launch in Dubai later this month. In Singapore, the GXR is completing trial operations ahead of public launch on April 1, 2026. With this expanding global footprint, WeRide’s Robotaxi business is now moving toward wider commercial deployment across multiple markets.

About WeRide

WeRide is a global leader and a first mover in the autonomous driving industry, as well as the first publicly traded Robotaxi company. Our autonomous vehicles have been tested or operated in over 40 cities across 11 countries. We are also the first and only technology company whose products have received autonomous driving permits in eight markets: China, the UAE, Singapore, France, Switzerland, Saudi Arabia, Belgium, and the US. Empowered by the smart, versatile, cost-effective, and highly adaptable WeRide One platform, WeRide provides autonomous driving products and services from L2 to L4, addressing transportation needs in the mobility, logistics, and sanitation industries. WeRide was named to Fortune's 2025 Change the World and 2025 Future 50 lists.

About Farizon

Farizon New Energy Commercial Vehicle Group is the commercial vehicle sector of Geely Holding Group. With the support of Geely Holding Group's Central Research Institute, Farizon New Energy Commercial Vehicle Group has founded China's largest new energy commercial vehicle research institute. It is responsible for the R&D of a new generation of green and intelligent commercial vehicle products based on passenger vehicle technology. It has formed two core technology routes of “Methanol + Electric”. Farizon has become China’s first commercial vehicle brand to offer a full range of new energy product. Farizon is committed to becoming a comprehensive intelligent and green transportation technology service provider.

Farizon has won the annual champion of the new energy commercial vehicle industry for four consecutive years. Farizon launched its “30111” Strategy, committing to achieve 1 million annual sales by 2030 and becoming a global new energy commercial vehicle group that ranks first in domestic commercial vehicle sales and first in global new energy commercial vehicle sales.

For more information regarding Farizon New Energy Commercial Vehicle Group please refer to the official website at https://global.geelycv.com/.

Media Contact

[email protected]

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to,” and similar statements. Statements that are not historical facts, including statements about WeRide’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in WeRide’s filings with the U.S. Securities and Exchange Commission and announcements on the website of the Hong Kong Stock Exchange. All information provided in this press release is as of the date of this press release. WeRide does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/45c09f7e-c9ff-4a3c-9b44-3f188bd47940
2026-03-09 05:19 1d ago
2026-03-08 23:52 1d ago
ROSEN, TOP-RANKED INVESTOR COUNSEL, Encourages DNOW Inc. Investors to Inquire About Securities Class Action Investigation - DNOW stocknewsapi
DNOW
New York, New York--(Newsfile Corp. - March 8, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, continues to investigate potential securities claims on behalf of shareholders of DNOW Inc. (NYSE: DNOW) resulting from allegations that DNOW may have issued materially misleading business information to the investing public.

SO WHAT: If you purchased DNOW securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.

WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=53946 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

WHAT IS THIS ABOUT: On February 20, 2026, StockStory published an article entitled "Why DNOW (DNOW) Shares Are Getting Obliterated Today." The article stated that DNOW shares fell "after the company reported disappointing fourth-quarter 2025 financial results, which included a significant loss and missed Wall Street's expectations."

On this news, DNOW's stock fell 19.1% on February 20, 2026.

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

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

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

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/287724

Source: The Rosen Law Firm PA

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

Contact Us
2026-03-09 05:19 1d ago
2026-03-09 00:00 1d ago
Better Stock to Buy Now: Micron or Nvidia? stocknewsapi
MU NVDA
Micron's stock has seen a surge in interest recently. Nvidia is still the company to beat in the AI realm.
2026-03-09 05:19 1d ago
2026-03-09 00:00 1d ago
Lobe Sciences Announces Appointment of Mr. Mirza Rahimani, CPA, CA as Chief Financial Officer stocknewsapi
LOBEF
VANCOUVER, BC / ACCESS Newswire / March 9, 2026 / Lobe Sciences Ltd. (Lobe) (CSE:LOBE)(OTCQB:LOBEF)(Frankfurt:LOBE) is a Canadian public biopharmaceutical company incorporated in British Columbia, with principal executive offices in Florida. The Company identifies and advances therapeutic programs addressing significant unmet medical needs. Lobe is pleased to announce the promotion of Mr. Mirza Rahimani to Chief Financial Officer, effective March 2, 2026. Mr. Rahimani has been working with the Company since December 1, 2025, providing financial advisory services to management and the Board of Directors, and is now assuming the role of Chief Financial Officer.

Mr. Rahimani is a seasoned finance executive with over fifteen years of experience in accounting, financial reporting, corporate governance, and corporate development. His experience includes supporting early and growth-oriented companies through complex transactions, debt and equity financings, mergers and acquisitions, and ongoing public-company compliance requirements.

Mr. Rahimani has served in senior finance roles across a range of industries including life sciences, mining, and technology, and has extensive experience working with public companies. His background includes advising management teams and boards on financial reporting under IFRS and US GAAP, strengthening internal control frameworks, and supporting corporate development initiatives and strategic transactions. He has held Director and Officer positions with several publicly listed Canadian companies.

Dr. Frederick Sancilio, Chairman and Chief Executive Officer of the Company commented, "We are very pleased to promote Mirza to the position of Chief Financial Officer after working closely with him over the past several months, during which he has served as a financial advisor to both me and the Board. Mirza has already developed a strong understanding of the Company's strategy and operations. He brings extensive experience in public-company financial reporting, corporate governance and corporate development, and his background supporting growth-oriented companies through strategic transactions, financings and regulatory compliance will be an important asset as we continue to advance the Company's strategy and create value for our shareholders."

Mr. Rahimani is a Chartered Professional Accountant (CPA, CA) and holds a Bachelor of Commerce degree from the Sauder School of Business at the University of British Columbia. He succeeds Mr. Yong Yao, who previously served as the Company's Chief Financial Officer through an arrangement with Century Biolabs Inc.

NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ACCURACYOR ADEQUACY OF THIS NEWS RELEASE.

About Lobe Sciences Ltd.

Lobe Sciences Ltd. is a biopharmaceutical company advancing programs in diseases with unmet medical needs. The Company is pursuing strategic development through its subsidiaries, including a majority interest in Cynaptec Pharmaceuticals, Inc. and wholly owned subsidiary Applied Lipid Technologies, Inc. (formerly Altemia, Inc.).

For Further Information

Dr. Frederick D. Sancilio
Chief Executive Officer
Lobe Sciences Ltd.
Email: [email protected]
Phone: +1 (949) 505-5623
Website: www.lobesciences.com

Cautionary Statement Regarding "Forward-Looking" Information

This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts, including statements regarding future estimates, plans, objectives, timing, assumptions or expectations of future performance, including, without limitation: the Company's belief that its strengthened working capital position will reduce liquidity risk and enhance the Company's ability to execute on its business development initiatives; the Company's belief that its operational and financial stabilization program will position the Company to pursue value-accretive transactions and financing alternatives aligned with shareholder interests; the Company's belief that L-130 will have therapeutic use at sub-hallucinogenic doses and that in addition to the treatment of Chronic Cluster Headaches, L-130 may have additional therapeutic uses; the Company's intention to evaluate other strategic opportunities consistent with its business strategy; the Company's expectation that it will further strengthen its corporate infrastructure and advance its core development programs through disciplined milestone execution are forward-looking statements and contain forward-looking information. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should" or "would" or occur.

Forward-looking statements are based on certain material assumptions and analysis made by the Company and the opinions and estimates of management as of the date of this press release, including, among other things, that: a strengthened working capital position will reduce liquidity risk and enhance the Company's ability to execute on its business development initiatives; the Company's operational and financial stabilization program will position the Company to pursue value-accretive transactions and financing alternatives aligned with shareholder interests; L-130 will have therapeutic use at sub-hallucinogenic doses and that in addition to the treatment of Chronic Cluster Headaches, L-130 may have additional therapeutic uses; the Company will have the financial and operational resources to evaluate other strategic opportunities consistent with its business strategy; the Company will be able to further strengthen its corporate infrastructure and achieve its business milestones on the timelines anticipated, among others. These forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements or forward-looking information. Important risks that may cause actual results to vary, include, without limitation, the risk that: a strengthened working capital position will not reduce liquidity risk or enhance the Company's ability to execute on its business development initiatives; the Company's operational and financial stabilization program will be insufficient to allow the Company to pursue value-accretive transactions and financing alternatives aligned with shareholder interests; the Company may not have the financial and operational resources to evaluate other strategic opportunities consistent with its business strategy; L-130 fails to demonstrate therapeutic use at sub-hallucinogenic doses, fails to effectively treat Chronic Cluster Headaches or demonstrate other therapeutic uses; the Company will have the financial and operational resources to evaluate other strategic opportunities consistent with its business strategy; the Company will be unable to further strengthen its corporate infrastructure or achieve its business milestones or do so on the timelines anticipated.

Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.

SOURCE: Lobe Sciences Ltd.
2026-03-09 05:19 1d ago
2026-03-09 00:08 1d ago
Lost Investment in Gossamer Bio, Inc. (GOSS)? Levi & Korsinsky Launches Securities Fraud Investigation stocknewsapi
GOSS
New York, New York--(Newsfile Corp. - March 9, 2026) - Levi & Korsinsky notifies investors that it has commenced an investigation into Gossamer Bio, Inc. ("Gossamer Bio, Inc.") (NASDAQ: GOSS) concerning potential violations of the federal securities laws.

Seralutinib was Gossamer Bio's lead pipeline candidate and the PROSERA study was the Company's pivotal Phase 3 trial evaluating the drug in pulmonary arterial hypertension. The Company had publicly characterized the PROSERA patient population as well-suited to demonstrate a treatment effect.

During the Q1 2025 earnings call on May 15, 2025, CEO Faheem Hasnain stated that baseline characteristics were "precisely what we have targeted" and that the Company was "more optimistic than ever about the likelihood of achieving positive results." Management also claimed "over 90% power given the sample size." The trial reached its planned enrollment target but the primary efficacy endpoint did not achieve the prespecified level of statistical significance.

If you suffered a loss on your Gossamer Bio, Inc. securities and would like to explore a potential recovery under the federal securities laws, Learn More About the Investigation or contact Joseph E. Levi, Esq. via email at [email protected] or call (212)363-7500 to speak to our team of experienced shareholder advocates.

WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (212)363-7500
Fax: (212)363-7171

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/287726

Source: Levi & Korsinsky, LLP
2026-03-09 05:19 1d ago
2026-03-09 00:09 1d ago
Lost Money on Stellantis N.V. (STLA)? Contact Levi & Korsinsky About Investigation stocknewsapi
STLA
New York, New York--(Newsfile Corp. - March 9, 2026) - Levi & Korsinsky notifies investors that it has commenced an investigation into Stellantis N.V. ("Stellantis N.V.") (NYSE: STLA) concerning potential violations of the federal securities laws.

A review of the timeline highlights a sequence of signals that preceded the February 6 disclosure. On January 31, 2026, Wall Street Zen downgraded STLA to Sell. On February 3, Morgan Stanley followed with a downgrade to Equal-Weight, referencing an "investment lag." On February 5, a report indicated that Stellantis was seeking European cash to offset tariff-related headwinds, hinting at cash-flow stress. Yet the company's most recent earnings call--Q3 2025 on October 30, 2025--was over 90 days old, and no interim update or Form 8-K addressed the deterioration in EV program assumptions that would culminate in the 22 billion charge. In other words, more than three months elapsed between the last earnings discussion and the write-down disclosure, during which the company's forward-looking EV narrative remained intact.

The February 6 announcement marked a stark reversal. Management conceded that the pace of EV adoption had been overestimated, prompting a strategic reset that included suspending the 2026 dividend and placing the dividend policy under review. Shares declined approximately 28% on the NYSE in a single session, representing what multiple outlets described as the worst trading day in the stock's history.

The investigation is focused on whether Stellantis' public communications during the period between the Q3 2025 earnings call and the February 6 disclosure accurately reflected the company's internal understanding of the viability and valuation of its EV assets.

If you suffered a loss on your Stellantis N.V. securities and would like to explore a potential recovery under the federal securities laws, Learn More About the Investigation or contact Joseph E. Levi, Esq. via email at [email protected] or call (212)363-7500 to speak to our team of experienced shareholder advocates.

WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (212)363-7500
Fax: (212)363-7171

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/287727

Source: Levi & Korsinsky, LLP

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2026-03-09 05:19 1d ago
2026-03-09 00:11 1d ago
Did Gartner, Inc. (IT) Mislead Investors? Levi & Korsinsky Investigates stocknewsapi
IT
New York, New York--(Newsfile Corp. - March 9, 2026) - Levi & Korsinsky notifies investors that it has commenced an investigation into Gartner, Inc. (NYSE: IT) ("Gartner, Inc.") concerning potential violations of the federal securities laws.

SEC Regulation G and Item 10(e) of Regulation S-K establish disclosure requirements for companies presenting non-GAAP financial measures. These rules require that adjusted metrics be reconciled to the most directly comparable GAAP measure and that GAAP results receive equal or greater prominence. The regulations aim to prevent companies from using adjusted presentations to obscure underlying performance trends.

Gartner's February 3, 2026 fourth quarter earnings release presented a narrative that emphasized the company's earnings-per-share beat relative to analyst estimates. However, the same release disclosed that revenue fell short of consensus expectations and that the company was issuing a full-year 2026 outlook that demonstrated a year-over-year decline. The investigation will examine the relative prominence given to each metric in the company's communications.

The company had previously guided investors to expect adjusted EPS of at least $12.65 for 2025, with CFO Craig Safian noting that the guidance was based on 78 million shares and assumed "repurchases to offset dilution." Gartner repurchased more than $1 billion of stock during Q3 2025, reducing share count by 6% year-over-year. The investigation will examine whether the EPS guidance and share-count assumptions were realistic given management's knowledge of revenue trends.

Following the earnings release, Gartner shares declined more than 20% in midday trading, reaching a new 52-week low below $160. Trading volume increased significantly above normal levels.

If you suffered a loss on your Gartner, Inc. securities and would like to explore a potential recovery under the federal securities laws, Learn More About the Investigation or contact Joseph E. Levi, Esq. via email at [email protected] or call (212)363-7500 to speak to our team of experienced shareholder advocates.

WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (212)363-7500
Fax: (212)363-7171

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/287734

Source: Levi & Korsinsky, LLP
2026-03-09 05:19 1d ago
2026-03-09 00:11 1d ago
Potential Securities Fraud: Levi & Korsinsky Investigates Driven Brands Holdings Inc. (DRVN) stocknewsapi
DRVN
New York, New York--(Newsfile Corp. - March 9, 2026) - Levi & Korsinsky notifies investors that it has commenced an investigation into Driven Brands Holdings Inc. ("Driven Brands Holdings Inc.") (NASDAQ: DRVN) concerning potential violations of the federal securities laws.

Throughout FY 2025, Driven Brands management reiterated specific financial guidance on successive quarterly earnings calls. On the Q4 2024 call (February 25, 2025), CFO Mike Diamond guided for revenue of $2.05 billion to $2.15 billion, adjusted EBITDA of $520 million to $550 million, and adjusted diluted EPS of $1.15 to $1.25. On the Q1 call (May 6, 2025) and Q2 call (August 5, 2025), Driven Brands reiterated the same outlook ranges. On the Q3 call (November 4, 2025), the Company narrowed guidance to revenue of $2.1 billion to $2.12 billion, adjusted EBITDA of $525 million to $535 million, and adjusted EPS of $1.23 to $1.28 -- characterizing the narrowing as reflecting "strong third-quarter performance."

On February 25, 2026, instead of delivering the FY 2025 results investors had been guided to expect, the Company announced a delay of the earnings release and disclosed that prior fiscal results would be restated. DRVN shares opened down 40% on the news.

If you suffered a loss on your Driven Brands Holdings Inc. securities and would like to explore a potential recovery under the federal securities laws, Learn More About the Investigation or contact Joseph E. Levi, Esq. via email at [email protected] or call (212)363-7500 to speak to our team of experienced shareholder advocates.

WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (212)363-7500
Fax: (212)363-7171

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/287728

Source: Levi & Korsinsky, LLP

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2026-03-09 05:19 1d ago
2026-03-09 00:13 1d ago
Investigation Underway: Coty Inc. (COTY) - Contact Levi & Korsinsky Over Securities Law Violations stocknewsapi
COTY
New York, New York--(Newsfile Corp. - March 9, 2026) - Levi & Korsinsky notifies investors that it has commenced an investigation into Coty Inc. ("Coty Inc.") (NYSE: COTY) concerning potential violations of the federal securities laws.

Coty's quarterly loss stands out within the global beauty and personal care sector, an industry that has generally posted resilient consumer demand over the past two years. Peers such as Estée Lauder, L'Oréal, and Shiseido reported stable or improving margins in their most recent quarters, making Coty's $126.9 million deficit a notable outlier. The company's like-for-like revenue declined approximately 3% in the quarter, a reversal from the low-single-digit growth the company had guided investors to expect. The magnitude of the EPS shortfall--a 22% miss relative to consensus--placed Coty among the widest negative earnings surprises in the mid-cap consumer space for the reporting period, suggesting the gap between the company's public outlook and its internal trajectory may have been significant.

Alongside the earnings miss, Coty withdrew its full-year FY 2026 guidance and unveiled a new "Coty. Curated." turnaround strategy under interim CEO Markus Strobel, aimed at refocusing the portfolio on core brands. The simultaneous retraction of forward-looking targets and introduction of a restructuring plan compounded the negative reaction among investors and analysts.

Prior to the announcement, Coty's management had expressed optimism about the second quarter during the Q1 FY 2026 earnings call on November 6, 2025. CEO Sue Nabi stated the company expected to be at the "more favorable end of our guidance range" for Q2. The contrast between that characterization and the reported loss has drawn scrutiny.

If you suffered a loss on your Coty Inc. securities and would like to explore a potential recovery under the federal securities laws, Learn More About the Investigation or contact Joseph E. Levi, Esq. via email at [email protected] or call (212)363-7500 to speak to our team of experienced shareholder advocates.

WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (212)363-7500
Fax: (212)363-7171

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/287731

Source: Levi & Korsinsky, LLP

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

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2026-03-09 05:19 1d ago
2026-03-09 00:13 1d ago
Lost Money on Hub Group, Inc. (HUBG)? Contact Levi & Korsinsky to Protect Your Rights stocknewsapi
HUBG
New York, New York--(Newsfile Corp. - March 9, 2026) - Levi & Korsinsky notifies investors that it has commenced an investigation into Hub Group, Inc. (NASDAQ: HUBG) ("Hub Group, Inc.") concerning potential violations of the federal securities laws.

On February 3, 2026, Hub Group reached a 52-week high of $48.96 per share. Three days later, following the accounting error announcement, shares were trading near $37--a loss of roughly $12 per share in a matter of hours. For an investor holding 10,000 shares, that represents an approximate $120,000 decline in portfolio value.

The analyst community responded with unusual urgency. Stifel, which had maintained a Buy rating and $52 price target, reversed course entirely, downgrading Hub Group to Sell and cutting its target to $27--a 48% reduction. Analyst commentary pointed to the accounting error as a fundamental blow to confidence in the company's reported financials. Baird similarly moved from Outperform to Neutral, reducing its target from $47 to $29, a 38% cut. Both downgrades were issued on the morning of February 6, adding selling pressure to an already declining stock.

Notably, the Q4 2025 earnings headline was not itself negative--Hub Group reported earnings per share of $0.45 versus a consensus estimate of $0.44, and revenue was described as having "topped estimates." However, the positive quarterly result was entirely overshadowed by the restatement disclosure, which affects three prior quarters and an estimated $77 million in understated costs. The disconnect between the modest earnings beat and the 23% stock decline illustrates the market's assessment that the accounting issue is far more consequential than a single quarter's results.

If you suffered a loss on your Hub Group, Inc. securities and would like to explore a potential recovery under the federal securities laws, Learn More About the Investigation or contact Joseph E. Levi, Esq. via email at [email protected] or call (212)363-7500 to speak to our team of experienced shareholder advocates.

WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (212)363-7500
Fax: (212)363-7171

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/287735

Source: Levi & Korsinsky, LLP
2026-03-09 05:19 1d ago
2026-03-09 00:15 1d ago
Did Ralliant Corporation (RAL) Mislead Investors? Levi & Korsinsky Investigates stocknewsapi
RAL
New York, New York--(Newsfile Corp. - March 9, 2026) - Levi & Korsinsky notifies investors that it has commenced an investigation into Ralliant Corporation ("Ralliant Corporation") (NYSE: RAL) concerning potential violations of the federal securities laws.

On January 30, 2026--five days before revealing a $1.4 billion goodwill impairment and reduced FY 2026 guidance--Ralliant's board of directors declared a regular quarterly dividend of $0.05 per share. Dividend declarations are widely understood by investors as signals of financial health and management confidence in future cash flows. The decision to proceed with a dividend within days of reporting a historic loss raises questions about the board's assessment of the company's financial position at the time of the declaration.

The FY 2026 guidance issued alongside the Q4 results projected earnings of $2.22 to $2.42 per share, with revenue expectations below the analyst consensus. The guidance indicated that the conditions underlying the impairment--whether they involve declining demand, contract losses, competitive pressures, or other factors--were expected to weigh on performance well beyond the fourth quarter. Yet in the weeks leading up to the announcement, there were also reports discussing technology partnership updates that were cast in a favorable light, raising the question of whether optimistic forward-looking statements were balanced by appropriate risk disclosure.

The gap between the FY 2026 EPS midpoint of $2.32 and the consensus expectations that prevailed before the announcement represents a meaningful shortfall. If the factors driving the reduced outlook--such as margin compression, increased investment requirements, or softening end-market demand--were identifiable during prior quarters, management's silence on those issues during the Q3 2025 earnings call and any subsequent investor communications takes on added significance.

Additionally, the timing of institutional trading activity warrants examination. STRS Ohio's 95.6% stake reduction--involving roughly 58,434 shares--was filed on February 5 but may reflect trading decisions made in close proximity to the earnings release. While 13-F filings are reported on a delayed basis, the magnitude of the position liquidation, combined with the timing, has drawn scrutiny from market observers.

The investigation is focused on whether Ralliant and its executives disclosed all material facts known to them about the company's deteriorating outlook in a timely manner, and whether any forward-looking statements or corporate actions--including the dividend declaration and commentary on strategic partnerships--were consistent with what management knew about the business at the time those statements were made and those actions were taken.

If you suffered a loss on your Ralliant Corporation securities and would like to explore a potential recovery under the federal securities laws, Learn More About the Investigation or contact Joseph E. Levi, Esq. via email at [email protected] or call (212)363-7500 to speak to our team of experienced shareholder advocates.

WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (212)363-7500
Fax: (212)363-7171

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/287732

Source: Levi & Korsinsky, LLP

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

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2026-03-09 05:19 1d ago
2026-03-09 00:15 1d ago
Shareholders Alert: Investigation Into Camping World Holdings, Inc. (CWH) - Contact Levi & Korsinsky to Protect Your Rights stocknewsapi
CWH
New York, New York--(Newsfile Corp. - March 9, 2026) - Levi & Korsinsky notifies investors that it has commenced an investigation into Camping World Holdings, Inc. (NYSE: CWH) ("Camping World Holdings, Inc.") concerning potential violations of the federal securities laws.

During the Q3 2025 earnings call on October 29, 2025, CEO Marcus Lemonis stated: "I'm encouraged by our company's financial performance in the quarter, growing adjusted EBITDA by over 40% to $95.7 million." On the same call, Lemonis told investors: "I believe we can have another record year of combined new and used unit volume growth." CFO Tom Kirn guided for Q4 tailwinds including "$4-5 million" in Good Sam loyalty breakage benefits and "$4-5 million of F&I actuarial benefits." The Company then set an adjusted EBITDA floor of approximately $310 million for 2026.

On February 24, 2026, CWH reported a Q4 2025 GAAP loss of $109.1 million and also announced the suspension of its quarterly dividend. CWH shares fell approximately 16.5% following the disclosure.

If you suffered a loss on your Camping World Holdings, Inc. securities and would like to explore a potential recovery under the federal securities laws, Learn More About the Investigation or contact Joseph E. Levi, Esq. via email at [email protected] or call (212)363-7500 to speak to our team of experienced shareholder advocates.

WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (212)363-7500
Fax: (212)363-7171

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/287736

Source: Levi & Korsinsky, LLP
2026-03-09 05:19 1d ago
2026-03-09 00:17 1d ago
Lost Money on ICON Public Limited Company (ICLR)? Possible Fraud - Contact Levi & Korsinsky Today stocknewsapi
ICLR
New York, New York--(Newsfile Corp. - March 9, 2026) - Levi & Korsinsky notifies investors that it has commenced an investigation into ICON Public Limited Company ("ICON Public Limited Company") (NASDAQ: ICLR) concerning potential violations of the federal securities laws.

The magnitude of the single-day decline wiped out billions of dollars of shareholder value and represented one of the largest percentage drops in the CRO sector in recent years. Prior to the disclosure, ICLR had traded in a range that reflected investor confidence in the company's reported financial trajectory and full-year 2025 guidance. The abruptness of the sell-off suggests the market had not priced in any risk of a revenue overstatement or an earnings-release delay. Analyst consensus heading into the fourth quarter had been calibrated to the company's stated full-year revenue range of $8.05 billion to $8.1 billion and adjusted EPS guidance of $13.00 to $13.20--figures that management affirmed as recently as October 23, 2025, without qualification.

The disclosure that prompted the sell-off was concise: the company stated it had identified a preliminary revenue overstatement of under two percent per year for fiscal years 2023 and 2024 and would delay the release of its Q4 and full-year 2025 results. CEO Barry Balfe had previously told investors the company's performance was "broadly in line with expectations" and that he expected "conditions to remain broadly similar throughout the rest of the year." CFO Nigel Clerkin had reported Q3 2025 revenue of $2.043 billion with a year-over-year increase of 0.6 percent, a comparison drawn from the now-questioned prior-year figures.

In the quarters preceding the disclosure, ICON had repurchased $750 million of its own stock and its board had approved a new $1 billion buyback authorization, signaling confidence in the company's financial position. A January 7, 2026 filing stated that full-year 2026 guidance would be issued "alongside the release of our fourth quarter and full-year 2025 results"--a timeline that was rendered moot by the subsequent delay announcement.

If you suffered a loss on your ICON Public Limited Company securities and would like to explore a potential recovery under the federal securities laws, Learn More About the Investigation or contact Joseph E. Levi, Esq. via email at [email protected] or call (212)363-7500 to speak to our team of experienced shareholder advocates.

WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (212)363-7500
Fax: (212)363-7171

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/287730

Source: Levi & Korsinsky, LLP

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

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2026-03-09 05:19 1d ago
2026-03-09 00:19 1d ago
Fraud Investigation Opened: Levi & Korsinsky Investigates Alight, Inc. (ALIT) on Behalf of Shareholders stocknewsapi
ALIT
New York, New York--(Newsfile Corp. - March 9, 2026) - Levi & Korsinsky notifies investors that it has commenced an investigation into Alight, Inc. (NYSE: ALIT) ("Alight, Inc.") concerning potential violations of the federal securities laws.

Alight's Q4 2025 results landed below the low end of the Company's own full-year 2025 guidance range. On the Q3 2025 earnings call on November 5, 2025, CFO Jeremy Heaton told investors the Company expected full-year 2025 EPS of $0.54 to $0.58 and revenue between $2.25 billion and $2.28 billion. The Q4 2025 report disclosed results that fell short of those figures, with revenue declining 4% year over year.

The earnings release also coincided with previously undisclosed leadership changes at the CEO and CFO level -- transitions that had not been referenced on either the Q2 or Q3 2025 earnings calls. The Company additionally announced that its quarterly dividend would be replaced. These developments came after CEO David Guilmette stated on November 5, 2025: "We are intensely focused on execution and improving our top-line performance and remain confident in our position for the long term."

If you suffered a loss on your Alight, Inc. securities and would like to explore a potential recovery under the federal securities laws, Learn More About the Investigation or contact Joseph E. Levi, Esq. via email at [email protected] or call (212)363-7500 to speak to our team of experienced shareholder advocates.

WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (212)363-7500
Fax: (212)363-7171

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/287737

Source: Levi & Korsinsky, LLP
2026-03-09 05:19 1d ago
2026-03-09 00:19 1d ago
ATTENTION PRCT Investors: Securities Fraud Investigation Underway - Contact Levi & Korsinsky stocknewsapi
PRCT
New York, New York--(Newsfile Corp. - March 9, 2026) - Levi & Korsinsky notifies investors that it has commenced an investigation into PROCEPT BioRobotics Corporation ("PROCEPT BioRobotics Corporation") (NASDAQ: PRCT) concerning potential violations of the federal securities laws.

On the Q3 2025 earnings call on November 4, 2025, CFO Kevin Waters reaffirmed the $325.5 million revenue target and stated the company was "maintaining handpiece average selling prices to be approximately $3,200." CEO Larry Wood added that investments in strategic priorities were "not expect[ed] ... to impede our progress toward achieving profitability." At the time of these statements, the Company had implemented a pricing-discipline initiative that eliminated historical bulk-purchase discounts -- a change that directly reduced realized average selling prices on the Company's core product line.

The guidance did not quantify or disclose the revenue impact of this pricing change. When Q4 2025 results were released, actual revenue fell $17.4 million short of the guided figure, and FY 2026 guidance of $410 million to $430 million also came in below analyst consensus. The stock lost roughly 15% of its value in a single session.

If you suffered a loss on your PROCEPT BioRobotics Corporation securities and would like to explore a potential recovery under the federal securities laws, Learn More About the Investigation or contact Joseph E. Levi, Esq. via email at [email protected] or call (212)363-7500 to speak to our team of experienced shareholder advocates.

WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (212)363-7500
Fax: (212)363-7171

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/287733

Source: Levi & Korsinsky, LLP

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

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2026-03-09 05:19 1d ago
2026-03-09 00:21 1d ago
Ongoing Eos Energy Enterprises, Inc. (EOSE) Investigation: Protect Your Rights - Contact Levi & Korsinsky stocknewsapi
EOSE
New York, New York--(Newsfile Corp. - March 9, 2026) - Levi & Korsinsky notifies investors that it has commenced an investigation into Eos Energy Enterprises, Inc. ("Eos Energy Enterprises, Inc.") (NASDAQ: EOSE) concerning potential violations of the federal securities laws.

Levi & Korsinsky, LLP is investigating whether Eos Energy Enterprises may have made materially inaccurate statements to investors regarding its production capacity and product performance. During the Q3 2025 earnings call on November 6, 2025, COO John Mahaz stated that the Company's "automated battery line operated at 15% capacity utilization of its full 2-igawatt potential" and that the Company expected to ship three times Q3 volume in Q4. CEO Joe Mastrangelo stated the Company's round-trip efficiency was "in the mid-80s to the low 90s" across a wide operating range and that "there's no other technology that can deliver that type of performance." Q4 2025 revenue came in at $58 million, well below management's projections, and the Company's 2026 guidance landed materially below prior expectations.

The investigation focuses on whether the Company's statements about battery efficiency, production outlook, and commercial pipeline had a reasonable basis at the time they were made.

If you suffered a loss on your Eos Energy Enterprises, Inc. securities and would like to explore a potential recovery under the federal securities laws, Learn More About the Investigation or contact Joseph E. Levi, Esq. via email at [email protected] or call (212)363-7500 to speak to our team of experienced shareholder advocates.

WHY LEVI & KORSINSKY: Over the past 20 years, Levi & Korsinsky LLP has established itself as a nationally-recognized securities litigation firm that has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. The firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States. Attorney Advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
33 Whitehall Street, 27th Floor
New York, NY 10004
[email protected]
Tel: (212)363-7500
Fax: (212)363-7171

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/287729

Source: Levi & Korsinsky, LLP

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2026-03-09 05:19 1d ago
2026-03-09 00:24 1d ago
Oil soars 25%, gold drops as Iran war jolts global commodity markets stocknewsapi
AAAU BAR BNO DBO DBP DGL GLD GLDM GUSH IAU IEO OIH OIL OUNZ PXJ SGOL UCO UGL USO XOP
3D-printed oil pump jack and barrels in front of a rising stock graph appear in this illustration, taken March 2, 2026. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab

SummaryCompaniesBrent up 25%, on track for biggest one-day gain everGold prices drop over 2% on firmer dollar, US rate outlookMalaysian palm oil jumps 9%; CBOT, China soybean oil rallyAluminium rises on supply disruptions; copper, tin declineSINGAPORE, March 9 (Reuters) - Oil prices surged around 25% on Monday to their highest since mid-2022, with Brent on track ‌for a record one-day gain, while gold fell 2% as an escalating Iran war squeezed world energy supplies, boosted the dollar and dampened hopes of interest-rate cuts.

Agriculture markets, led by edible oils, rose as they took their cue from oil prices due to the extensive use ​of vegetable oils in making biofuels. Aluminium firmed on supply worries even as other metals faced headwinds from ​a stronger dollar.

The Reuters Power Up newsletter provides everything you need to know about the global energy industry. Sign up here.

"The violent reaction stems from the markets seeing no obvious offramp in the escalating ⁠Middle East conflict, now a high-stakes standoff where neither side appears willing to blink first," Tony Sycamore, IG market ​analyst, said in a note.

"The risk of more lasting economic damage continues to build by the day."

Iran on Monday named Mojtaba Khamenei ​to succeed his father Ali Khamenei as Supreme Leader, signalling that hardliners remain firmly in charge in Tehran a week into its conflict with the United States and Israel.

SOARING OIL LIFTS VEGOILS, GRAINSBrent was on track for its biggest one-day gain ever in both percentage and ​absolute terms as the expanding U.S.-Israeli war with Iran led some major Middle Eastern oil producers to cut supplies and ​on fears of prolonged disruption to shipping through the Strait of Hormuz chokepoint.

Brent crude futures climbed to a high of $119.50 per barrel ‌and U.S. ⁠West Texas Intermediate (WTI) to $119.48 a barrel.

"...the situation appears to be deteriorating further," ING analysts said in a note. "In addition, upstream oil production has started to shut in, with producers facing storage constraints. Iraq, Kuwait, and the UAE began reducing oil production."

In agricultural markets, Malaysian palm oil rose 9% and Chicago soybean oil climbed to its highest since late 2022, buoyed by ​the crude oil rally. Wheat ​rose to its highest ⁠since June 2024 and corn prices hit a 10-month high.

Gold fell more than 2% as a stronger dollar weighed on greenback-priced bullion, while higher energy costs fuelled inflation concerns and further ​dimmed the prospects for near‑term reductions in interest rates.

The dollar hovered near a three-month ​high hit last ⁠week, making bullion more expensive for holders of other currencies.

Oil-driven inflation fears and delayed rate-cut expectations likely strengthened U.S. yields and the dollar, outweighing safe-haven demand and pushing gold down.

ALUMINIUM JUMPS ON SUPPLY DISRUPTIONSAluminium soared to its highest in four years as ⁠supply concerns ​due to the Middle East war intensified.

Benchmark three-month aluminium on the London ​Metal Exchange hit its highest since March 2022 at $3,544 per ton.

Qatari smelter Qatalum and Aluminium Bahrain (ALBH.BH), opens new tab have already declared force majeure on shipments amid rising ​tensions in the Middle East.

Other base metals were weighed down by a firmer dollar.

Reporting by Naveen Thukral; Editing by Muralikumar Anantharaman

Our Standards: The Thomson Reuters Trust Principles., opens new tab
2026-03-09 05:19 1d ago
2026-03-09 00:27 1d ago
ORCL Investors Have Opportunity to Lead Oracle Corporation Securities Fraud Lawsuit stocknewsapi
ORCL
, /PRNewswire/ --

Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Oracle Corporation (NYSE: ORCL) between June 12, 2025, and December 16, 2025, inclusive (the "Class Period"), of the important April 6, 2026 lead plaintiff deadline.

So what: If you purchased Oracle common stock during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

What to do next: To join the Oracle class action, go to https://rosenlegal.com/submit-form/?case_id=51135 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 6, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

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

Details of the case: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Oracle's AI infrastructure strategy would result in massive increases in capital expenditures ("CapEx") without equivalent, near-term growth in revenue; (2) Oracle's substantially increased spending created serious risks involving Oracle's debt and credit rating, free cash flow, and ability to fund its projects, among other concerns; and (3) as a result, defendants' representations about Oracle's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Oracle class action, go to https://rosenlegal.com/submit-form/?case_id=51135 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

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

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

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

Contact Information:

      Laurence Rosen, Esq.
      Phillip Kim, Esq.
      The Rosen Law Firm, P.A.
      275 Madison Avenue, 40th Floor
      New York, NY 10016
      Tel: (212) 686-1060
      Toll Free: (866) 767-3653
      Fax: (212) 202-3827
      [email protected]
      www.rosenlegal.com

SOURCE THE ROSEN LAW FIRM, P. A.
2026-03-09 05:19 1d ago
2026-03-09 00:30 1d ago
The Trade Desk Is Reinventing Itself, but Will It Be Enough? stocknewsapi
TTD
The Trade Desk (TTD 1.75%) didn't just report fourth-quarter 2025 earnings. It signaled a shift.

For years, the company operated like a precision growth machine. Revenue consistently beat expectations. Margins expanded, and customer retention stayed above 95%.

But 2025 changed the tone. Competition intensified. Execution wobbled. And during its Q4 earnings call, management made something clear: The Trade Desk is evolving.

The question heading into 2026 isn't whether the company is still strong. It is. The real question is whether this reinvention strengthens its moat or simply reflects a tougher operating environment.

Image source: Getty Images.

From flawless execution to operational reset The Trade Desk delivered a record year in 2025, with revenue almost reaching the $3 billion milestone. That milestone matters since companies behave differently at scale.

On the Q4 call, CEO Jeff Green acknowledged the need to simplify workflows, upgrade go-to-market structures, and streamline client interactions. The company expanded its "Deal Desk" capabilities to help advertisers better manage supply agreements. It invested in improving user experience, billing systems, and reporting clarity.

Those aren't cosmetic upgrades. They signal a company transitioning from fast growth to a scaled platform.

For investors, that transition cuts both ways. Scale brings durability and leverage. But it also introduces complexity. The question becomes whether The Trade Desk can retain its agility while operating as a multibillion-dollar enterprise.

Today's Change

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-0.52

Current Price

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29.27

Kokai is no longer a beta experiment Perhaps the biggest takeaway from 2025: Kokai, the company's AI-enabled platform, is now the core engine.

Management stated that nearly all clients are running campaigns through Kokai. That shifts the narrative. The debate is no longer about adoption; it's about results.

The company highlighted measurable improvements in campaign efficiency: lower cost per acquisition, stronger reach efficiency, and improved engagement metrics.

But this is where expectations rise. When 100% of clients use the same AI layer, differentiation depends on continuous improvement. Advertisers won't reward novelty. They reward measurable performance.

If Kokai consistently drives better outcomes than competing demand-side platforms (DSPs) -- especially those tied to large ecosystems -- The Trade Desk's reinvention looks strategic. If performance converges, The Trade Desk's moat narrows.

Audience Unlimited: A subtle but important shift One of the more interesting developments from Q4 was the introduction of Audience Unlimited.

Green described it as a structural shift in how advertisers use data -- reducing traditional friction around data costs and enabling more flexible activation through AI.

On the surface, this sounds incremental. But strategically, it may not be.

If The Trade Desk can become the orchestration layer for retail data, identity signals, and audience insights across the open internet, it moves beyond media buying into data infrastructure. That could increase advertiser stickiness and deepen integration into workflows.

In a world where Amazon, Alphabet, and Meta Platforms control both inventory and data, becoming the neutral data layer could be powerful.

But it also requires execution. Data partnerships must expand. Retail integrations must deepen. And advertisers must see measurable lift.

The open internet bet is getting harder Green also emphasized a crucial macrodynamic: In 2025, ad supply grew faster than demand. In theory, that benefits objective platforms like The Trade Desk. Advertisers can optimize across more inventory and avoid being tied to single platforms.

That argument makes sense -- especially in oversupplied markets.

But the counterweight remains significant. Amazon continues expanding its DSP footprint. Its partnerships with major streaming platforms give it direct access to authenticated, connected-TV supply. Google and Meta continue embedding AI into closed ecosystems supported by unmatched first-party data.

The Trade Desk still plays a critical role in enabling diversification outside those walls. But the walls are getting taller. Reinvention alone doesn't solve supply access risk. Partnerships and execution will.

What does it mean for investors? The Trade Desk remains a high-quality business with strong retention, meaningful innovation, and exposure to structural growth in digital advertising.

But 2025 made one thing clear: The company no longer operates in a forgiving environment.

It is reinventing itself not because it is in trouble, but because the industry around it is changing, making The Trade Desk less of an automatic buy.

Sometimes reinvention lays the groundwork for the next leg of growth. Sometimes it signals a tougher chapter ahead. 2026 will likely tell us which one this is.
2026-03-09 05:19 1d ago
2026-03-09 00:56 1d ago
Live Nation nears settlement in US antitrust lawsuit, Bloomberg News reports stocknewsapi
LYV
By Reuters

March 9, 20264:56 AM UTCUpdated 13 mins ago

A Live Nation sign stands next to an office building along Hollywood Blvd, after the U.S. Department of Justice and a group of states filed an antitrust lawsuit against Live Nation... Purchase Licensing Rights, opens new tab Read more

CompaniesMarch 9 (Reuters) - Live Nation ​Entertainment (LYV.N), opens new tab is ‌close to settling ​a ​federal antitrust lawsuit ⁠accusing ​the company ​of illegally monopolizing the ​live ​music industry, Bloomberg ‌News ⁠reported on Monday, citing ​sources.

Reuters ​could ⁠not immediately ​verify the ​report.

Make sense of the latest ESG trends affecting companies and governments with the Reuters Sustainable Switch newsletter. Sign up here.

Reporting ⁠by Angela ⁠Christy ​in ​Bengaluru; Editing by ​Mrigank Dhaniwala

Our Standards: The Thomson Reuters Trust Principles., opens new tab
2026-03-09 05:19 1d ago
2026-03-09 01:08 1d ago
Governments' actions in response to oil price surge and the escalating Middle East conflict stocknewsapi
BNO DBO GUSH IEO OIH OIL PXJ UCO USO XOP
A map showing the Strait of Hormuz and Iran is seen behind a 3D printed oil pipeline in this illustration taken June 22, 2025. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab

March 9 - Oil prices have soared while share markets have skidded on fears that the escalating U.S.-Israeli war on ​Iran will squeeze energy supplies and hamstring industries ‌around the world.

Following are actions that governments are taking or plan to take to reduce the impact of the war on ​their economies.

The Reuters Power Up newsletter provides everything you need to know about the global energy industry. Sign up here.

SOUTH KOREA PLANS FUEL CAPSouth Korean President ​Lee Jae Myung said on Monday that authorities ⁠would cap domestic fuel prices for the first time ​in nearly 30 years. The country will also look ​for sources of energy beyond supplies shipped via the Strait of Hormuz, and a 100 trillion won ($67 billion) market-stabilisation programme should be ​expanded if needed, he added.

JAPAN TELLS NATIONAL OIL ​RESERVE SITE TO PREP FOR RELEASEThe Japanese government instructed a national oil ‌reserve ⁠storage site to prepare for a possible release of crude, Akira Nagatsuma, a member of the Centrist Reform Alliance opposition party, told Reuters on Sunday.

Details such as ​the timing of ​the release ⁠remain unclear, Nagatsuma said.

VIETNAM TO REMOVE FUEL IMPORT TARIFFSVietnam is planning to remove import tariffs ​on fuels to ensure supplies amid disruptions, ​the ⁠government said, adding that the measure is expected to last until the end of April.

BANGLADESH TO CLOSE ALL UNIVERSITIESBangladesh ⁠will close ​all universities from Monday, bringing forward ​the Eid al-Fitr holidays as part of emergency measures to conserve ​electricity and fuel.

Compiled by Edwina Gibbs; Editing by Lincoln Feast

Our Standards: The Thomson Reuters Trust Principles., opens new tab
2026-03-09 04:19 1d ago
2026-03-08 23:18 1d ago
Ethereum Price Extends Pullback, $1,920 Support Now Under Threat cryptonews
ETH
Ethereum price started a fresh decline below $2,000. ETH is now correcting gains above $1,920 and might decline further in the near term.

Ethereum started a downside correction below the $2,020 zone. The price is trading below $2,000 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $2,020 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,000 zone. Ethereum Price Dips Further Ethereum price started a fresh decline after it failed to stay above $2,020, like Bitcoin. ETH price declined below $2,000 to enter a bearish zone.

Besides, there was a break below a key bullish trend line with support at $2,020 on the hourly chart of ETH/USD. The pair even dipped below $1,920. A low was formed at $1,912, and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $2,200 swing high to the $1,912 low.

Ethereum price is now trading below $1,980 and the 100-hourly Simple Moving Average. If the bulls remain in action above $1,920, the price could attempt another increase. Immediate resistance is seen near the $1,980 level.

Source: ETHUSD on TradingView.com The first key resistance is near the $2,020 level. The next major resistance is near the $2,050 level or the 50% Fib retracement level of the downward move from the $2,200 swing high to the $1,912 low. A clear move above the $2,050 resistance might send the price toward the $2,120 resistance. An upside break above the $2,120 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,200 resistance zone or even $2,250 in the near term.

More Losses In ETH? If Ethereum fails to clear the $2,020 resistance, it could start a fresh decline. Initial support on the downside is near the $1,920 level. The first major support sits near the $1,880 zone.

A clear move below the $1,880 support might push the price toward the $1,850 support. Any more losses might send the price toward the $1,810 region. The main support could be $1,750.

Technical Indicators

Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone.

Hourly RSI – The RSI for ETH/USD is now below the 50 zone.

Major Support Level – $1,920

Major Resistance Level – $2,020
2026-03-09 04:19 1d ago
2026-03-08 23:25 1d ago
Oil futures surge 20% past $110 as war fears hammer Asian stocks, bitcoin steady near $67K cryptonews
BTC
Nikkei drops more than 6%, and Kospi slides about 8% as traders price supply disruption risk, while prediction markets show strong odds of $120 crude. Mar 9, 2026, 3:25 a.m.

Oil futures surged above $110 a barrel Monday as escalating tensions in the Middle East rattled global markets, sending Asian stocks sharply lower, with all of the region's markets opening deep in the red, even as bitcoin held steady near $67,000.

West Texas Intermediate crude jumped roughly 17% in 24 hours. Japan's Nikkei 225 fell more than 6% and South Korea's Kospi dropped about 8% as traders repriced energy costs across import-dependent economies.

The rally centers on the risk that fighting could restrict oil flows near the Strait of Hormuz, the chokepoint through which roughly 20% of global crude supply passes daily. Prediction markets on Polymarket assign a 76% probability that crude reaches $120 by the end of March.

Bitcoin traded around $67,000 with little sign of panic selling. Ether and solana posted modest gains, suggesting crypto markets have so far treated the spike as an energy-specific shock rather than a broad risk-off event.

Not all traders are convinced the move has legs. Funding rates on oil perpetual futures turned negative on Hyperliquid, indicating significant positioning for a pullback even as spot prices climb.

Markets still see little chance of an imminent rate cut.

Contracts on Polymarket show a roughly 98% probability that the Federal Reserve leaves rates unchanged at its March 18 meeting, with only about a 12% chance of a 25-basis-point cut by the end of April.

A sustained rally in crude would reinforce inflation pressures, something that the Fed would have to consider when setting rates.

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

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Disrupting a Stagnant Market: Pudgy Penguins is utilizing a "Negative CAC" model to challenge the traditional $31.7B licensed toy industry by treating physical merchandise as a profitable user acquisition tool rather than just a final product.More For You

Bitcoin tumbles below $66,000 as oil prices explode nearly 20% higher

4 hours ago

There was little sign over the weekend of any de-escalation in the war against Iran.

What to know:

Oil has opened the week trading nearly 20% higher after no sign of any cooling in the war against Iran.The spike in oil prices has sent bitcoin and stocks sharply lower.
2026-03-09 04:19 1d ago
2026-03-08 23:30 1d ago
What Happened to Tesla's 43,770 BTC? On-Chain Data Reveals Full Story Behind Its Crypto Moves cryptonews
BTC
Tesla's $1.5 billion bitcoin bet produced early profits, huge sales during the 2022 crypto crash, and a lasting corporate crypto footprint, as blockchain analysis shows Elon Musk's company still holds a significant stash. Arkham Traces Tesla's $1.
2026-03-09 04:19 1d ago
2026-03-08 23:49 1d ago
Bitcoin correlation with tech stocks overblown: NYDIG cryptonews
BTC
Bitcoin’s recent parallel movement with US software stocks is more of a case of shared exposure to macro events, rather than any structural convergence, according to financial services company NYDIG.

In the past week, Bitcoin (BTC) rallied alongside US software stocks, leading many to claim the cryptocurrency was a proxy for the sector, Greg Cipolaro, the head of research at NYDIG, said in a note on Friday.

“While the visual fit of their indexed price is compelling, the conclusion that Bitcoin and software equities have structurally converged, or that they share common exposure to themes such as AI or quantum risk, is overstated,” he said.

Cipolaro added the tandem rally “more plausibly reflects shared exposure to the current macro regime, specifically long-duration, liquidity-sensitive risk assets, rather than evidence of a structural convergence between Bitcoin and software equities.”

Bitcoin’s price is “unexplained by equities”Bitcoin’s correlation with software stocks has increased on a 90-day rolling basis since its all-time high above $126,000 in early October, but Cipolaro said its correlations with the S&P 500 and Nasdaq have also recently risen, indicating that “the change is not isolated to software stocks.”

However, even with Bitcoin’s correlations to software stocks and the two indices, “the majority of Bitcoin’s price movement remains unexplained by equities,” Cipolaro added.

He said that, statistically measured, only a quarter of Bitcoin’s price movements are explained by a correlation to the stock market, while at least 75% of its movements are affected by drivers outside traditional stock indices.

Bitcoin’s correlation with major indices on a 90-day rolling basis. Source: NYDIGCipolaro said it appears Bitcoin is not being priced as a hedge against macroeconomic conditions, which explains “the ongoing frustration around Bitcoin’s failure to ‘act like gold’ despite the digital gold label.”

He added that traders appear to be allocating to assets along a risk curve, rather than buying Bitcoin for a “distinct monetary thesis.”

Cipolaro argued, however, that Bitcoin has a distinct market structure and economic drivers, pointing to its network activity and adoption trends, along with regulatory and policy developments that make it different from other assets.

“That differentiation supports bitcoin’s role as a portfolio diversifier,” he said. “While cross-asset correlations with equities are currently elevated, they remain far from determinative of bitcoin’s returns.”

Magazine: Bitcoin may take 7 years to upgrade to post-quantum — BIP-360 co-author

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy https://cointelegraph.com/editorial-policy
2026-03-09 04:19 1d ago
2026-03-09 00:00 1d ago
Chainlink attracts capital as rivals bleed – LINK's move above $9. cryptonews
LINK
Journalist

Posted: March 9, 2026

Crypto markets look weak again, and fear still moves faster than conviction.

Between the 5th and 6th of March, money flowed out of major crypto assets fast. Bitcoin, Ethereum, XRP, and Solana all took hits as traders turned cautious. LINK, however, refused to go down with the rest.

That divergence mattered. While broad capital exited the market, Chainlink kept attracting money. Therefore, the asset started to stand out for the right reasons, not because of hype, but because it refused to crack.

So, what exactly kept Chainlink in that conversation?

Chainlink ranks among top crypto projects  Chainlink stayed near the top where serious projects usually lived, not where noise survived.

According to Santiment, Chainlink ranked third in crypto development activity over the last 30 days. MetaMask USD took the top spot, while Hedera ranked second. Therefore, LINK remained among the few names still showing real building strength.

Source: Santiment

That ranking said something ugly about the rest of the market. Many tokens demanded attention, but fewer actually earned it through visible work. Meanwhile, Chainlink kept showing up where it mattered, inside the data.

LINK recorded inflows while major crypto assets saw outflows This was where the story stopped being talked and started becoming pressure.

On the 5th of March, LINK recorded inflows of 1.93 million. On the 6th of March, it recorded another 935.31 thousand in inflows.

However, those same sessions hit the broader market with aggressive outflows across major assets.

Source: SoSoValue

That made the contrast impossible to ignore. Bitcoin [BTC], Ethereum [ETH], Ripple[XRP], and Solana[SOL] all struggled to hold investor demand. Meanwhile, LINK absorbed capital on two straight days, even as the rest of the market tasted pain.

What proves Chainlink is ready to follow through in price action? The chart showed structure, and structure usually mattered more than noise.

Chainlin [LINK] formed an ascending triangle, which kept pressure building beneath flat resistance. The 9.17 level acted as the ceiling, while 8.30 marked the next likely tap on ascending support. Therefore, buyers still had a level worth defending.

Source: TradingView

Momentum indicators also showed slight improvement, even if the signal remained weak. The RSI hinted that bearish pressure had started to ease, while the MACD began turning slightly positive too. However, bulls still lacked full control, so the setup had not confirmed a clean breakout yet.

That was where the tension sat. LINK had the fuel from inflows and development activity, but the price still needed to respond properly.

Failure to hold 8.30 would weaken the case sharply, while a stronger move above resistance would start validating the broader strength.

Final Summary Chainlink showed unusual strength as development activity stayed high and capital kept flowing in.
LINK still needed to defend 8.30 before on-chain strength could fully translate into price action.
2026-03-09 03:19 1d ago
2026-03-08 20:11 1d ago
Bitcoin Drops 2% as Oil Hits $130 and Stock Futures Tumble cryptonews
BTC
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Bitcoin took a hit March 9. The world’s biggest cryptocurrency fell 2% to just above $22,000 as oil prices rocketed and U.S. stock futures dropped hard, creating a pretty messy market mood that’s got traders on edge.

Oil prices went crazy. Brent crude shot up to $130 per barrel – a level we haven’t seen in nearly a decade – thanks to geopolitical tensions that are messing with supply lines and making everyone nervous about energy. The surge comes at a time when global markets are already jittery, and energy costs are becoming a major headache for investors trying to figure out what’s next. Analysts say the oil spike could stick around for a while, which would be bad news for economic growth and could pump up inflation even more.

Energy costs matter big time.

U.S. stock futures got hammered too. The Dow Jones and S&P 500 futures both dropped over 1% in pre-market trading, with investors basically bracing for a rough day ahead. The uncertainty around economic conditions is making people pretty cautious about where to put their money, and it’s showing up across all kinds of assets.

Crypto markets followed the same ugly pattern. Ethereum fell nearly 3% to around $1,550, and other digital assets took similar beatings in what looks like a broad market retreat. The correlation between cryptocurrencies and traditional financial markets keeps getting stronger, which means Bitcoin can’t really hide when everything else is falling apart. Traders who thought crypto might be a safe haven are finding out that’s not really the case when global markets get spooked.

Market participants are waiting for more data. Economic indicators coming out later this week might give some clarity on where interest rates and inflation are headed. Central banks are under a microscope as they try to balance growth and stability – not an easy job when oil prices are going nuts and everyone’s worried about the economy.

Bitcoin’s future depends on lots of factors. Some investors still believe in the digital currency’s long-term prospects, but short-term moves are clearly tied to what’s happening with the broader economy. The connection between energy prices and market sentiment is becoming impossible to ignore. Related coverage: Bitcoin Holders Who Wait Three Years.

No official comments yet from major financial institutions or regulators about current market conditions. Investors are looking for guidance and maybe some interventions that could calm things down, but so far they’re not getting much help from the usual sources.

The Federal Reserve is front and center for investors right now. The central bank’s upcoming meeting could signal how it plans to deal with rising inflation while oil costs are surging. Market participants want to see if the Fed will get more aggressive with monetary policy to fight inflation. Whatever the Fed decides could have big implications for both traditional and digital asset markets.

Tesla’s stock fell nearly 2% in pre-market trading. The company has Bitcoin investments, so crypto market swings can hit its financial performance. Investors are watching closely to see how Tesla handles these dual exposures when the economic climate gets volatile.

Goldman Sachs analysts think the correlation between Bitcoin and macroeconomic factors like oil prices and interest rates will probably keep growing. They point out that Bitcoin’s recent moves have pretty much mirrored risk assets, showing that the cryptocurrency is increasingly being treated as part of the broader financial landscape rather than something separate. The evolving relationship makes predicting Bitcoin’s trajectory more complex.

There’s no official statement from the U.S. Department of Energy about potential measures to counter rising oil prices. The lack of a clear strategy leaves markets uncertain about future energy costs and their effects across various sectors. Investors remain on edge, waiting for announcements that could provide some direction. For more details, see MicroStrategy Plans Fresh Bitcoin Buy as.

The European Central Bank also finds itself in focus as it prepares for next week’s policy meeting. Analysts are speculating about potential shifts in monetary policy in response to inflationary pressures made worse by rising energy costs. The ECB’s decision could ripple through global financial markets, including cryptocurrencies.

Coinbase reports increased trading volumes amid the market volatility. The exchange sees a big rise in both buy and sell orders for Bitcoin and Ethereum, highlighting the heightened investor interest and uncertainty currently hitting the crypto market.

Gold prices climbed modestly to $1,960 per ounce as investors sought safe-haven assets. The preference for gold during uncertain times shows its role as a traditional hedge against inflation and market instability.

MicroStrategy faces scrutiny as its stock price drops 3% in early trading. The company’s substantial Bitcoin holdings make it vulnerable to crypto price swings, and investors are assessing how current market conditions affect its financial health.

Post Views: 11
2026-03-09 03:19 1d ago
2026-03-08 20:30 1d ago
XRP's Billions in Dormant Liquidity Highlight Untapped Payment Potential Across XRPL cryptonews
XRP
XRP is gaining renewed bullish momentum as growing attention around XRP Ledger utility and the RLUSD stablecoin fuels optimism that the network could potentially evolve into a powerful engine for everyday global payments.
2026-03-09 03:19 1d ago
2026-03-08 21:00 1d ago
Bitcoin MACD Drops To Bearish Level Not Seen Since 2022 — Crypto Winter Incoming? cryptonews
BTC
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

The price of Bitcoin has struggled to muster a sustained upward climb over the last few weeks, with the latest one failing around the $74,000 mark in the past week. However, the premier cryptocurrency seems to have deeper problems than failed price recovery attempts. According to a crypto market expert, the Bitcoin price is at a stage reminiscent of the bearish period of 2022.

Is BTC About To Witness A Repeat Of 2022? In a March 8 post on the X platform, Chartered Market Technician Tony Severino shared an interesting insight into the current situation of the Bitcoin market. The crypto pundit hypothesized that the world’s largest cryptocurrency might have to endure a bearish period associated with the Terra (LUNA) ecosystem crash in 2022.

The rationale behind this evaluation is the steady decline in the Moving Average Convergence Divergence (MACD) indicator on BTC’s two-week price chart. MACD is a prominent momentum indicator used in technical analysis to identify trend direction, momentum changes, and potential entry and exit positions.

Typically, the Moving Average Convergence Divergence indicator has two lines: the MACD line (green) and the signal line (red), and a histogram, which reflects the distance between the two aforementioned lines. The histogram, which is the primary momentum indicator, is currently signaling a strong bearish momentum.

This observation is because the histogram bars are expanding, signaling rising momentum in the current direction (which is bearish because the bars are below the neutral or zero line). According to Severino, the MACD indicator is even expanding to levels not seen since 2022, when the Terra (LUNA) ecosystem collapse sent bearish shockwaves through the entire crypto market.

2W Bitcoin LMACD momentum is around the same point before the Luna collapse in 2022

It’s possible something nasty is coming

How are you managing your risk? And do you even know how? pic.twitter.com/SFzsYJxiZc

— Tony Severino, CMT (@TonySeverinoCMT) March 8, 2026

Source: @TonySeverinoCMT on X The crypto market analyst said, “it is possible that something nasty is coming,” suggesting that another crypto winter might be imminent. After Terra’s collapse in May, the premier cryptocurrency would have fallen from above $50,000 to around $30,000 — about a 40% decline — by July 2022.

However, it is important to note that the market might have already priced in what is currently being seen in the MACD indicator, which is often considered a lagging indicator. Moreover, Bitcoin has already lost nearly 30% of its value so far in 2026.

Bitcoin Price At A Glance At the time of this writing, the price of BTC stands at around $67,520, reflecting no significant movement in the past 24 hours.

The price of BTC on the daily timeframe | Source: BTCUSDT chart on TradingView Featured image by DALL-E, chart from TradingView

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.

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Opeyemi Sule is a passionate crypto enthusiast, a proficient content writer, and a journalist at Bitcoinist. Opeyemi creates unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi enjoys reading poetry, chatting about politics, and listening to music, in addition to his strong interest in cryptocurrency.
2026-03-09 03:19 1d ago
2026-03-08 22:00 1d ago
Bitcoin Has Only a 5% Chance of Hitting $150,000 by June, According to Prediction Markets -- Here's Why I'm Not Taking Those Odds at Face Value cryptonews
BTC
Given the recent price performance of Bitcoin (BTC 1.77%), it's not surprising that prediction market traders are remarkably bearish on this cryptocurrency's future prospects. Right now, they are giving Bitcoin only a 5% chance (as of March 5) of hitting $150,000 by the end of June.

On the surface, that makes sense. After all, Bitcoin is down more than 40% from its all-time high of $126,000 just a few months ago. At a current price of $71,000, Bitcoin would need to more than double to hit the $150,000 mark. Despite all that, there's reason to be optimistic about Bitcoin in 2026.

What do options traders think? Prediction markets offer useful data and can be used to help estimate the statistical probability of any real-world event actually happening. Yet, there's arguably better data coming from the Bitcoin derivatives market, where Wall Street traders are making big bets on the future price of Bitcoin.

Image source: Getty Images.

There, the sentiment appears to be much more bullish on Bitcoin. Take the Bitcoin options market, for example. Traders appear to be aggressively positioning for a price surge by the end of March. Options traders are buying March 27 expiry Bitcoin call options with strike prices of $80,000 and $90,000.

If Bitcoin can get to the $90,000 level within the next 30 days, the outlook for 2026 will change dramatically. Most likely, the odds of Bitcoin hitting a price target of $150,000 by the end of June will spike accordingly, and the narrative will shift. Investors will start talking about a potential rebound for the world's largest cryptocurrency.

Bitcoin historical data It's also worth taking a peek at historical data for Bitcoin. Historically, the cryptocurrency has averaged a 27% gain in Q2. That includes a rise of 30% last year, when Bitcoin also turned in a stinker of a quarter at the start of the year.

Today's Change

(

-1.77

%) $

-1191.79

Current Price

$

66094.00

Moreover, if you dig into the month-by-month data, there's also a glimmer of hope. Historically, Bitcoin has averaged a gain of 11% in March, 14% in April, and 8% in May.

Admittedly, that might not be enough to get Bitcoin to the $150,000 price level by the end of June. But just do the math. If Bitcoin can follow its typical trajectory during the next three months, a price of $90,000 is firmly within reach.

That might explain why options traders are positioning for the same type of price move. To use an analogy, Bitcoin is potentially a coiled spring just waiting to bounce back.

Should you bet against Bitcoin? Although I'm increasingly bullish on Bitcoin for the long haul, it's highly improbable that Bitcoin can make its way to the $150,000 price level by midyear. In fact, Bitcoin might even have a tough time climbing back to the $100,000 price level by then.

If you are thinking about buying Bitcoin now, you must adopt a long-term, buy-and-hold mindset. During the past decade, Bitcoin has been one of the top-performing assets in the world, and I expect a similar performance in the next decade.
2026-03-09 03:19 1d ago
2026-03-08 22:00 1d ago
Bitcoin overtakes gold in U.S. ownership – Yet BTC hinges on THIS level cryptonews
BTC
Journalist

Posted: March 9, 2026

Bitcoin continued trading sideways as confidence slowly returned, even as market caution remained elevated.

Recent ownership data from the U.S. hinted at a deeper structural shift in demand. Buyers appeared active again, but the signal differed from previous cycles.

The question now centered on what the data truly revealed.

The market did not behave like a dead cycle.

Each dip drew renewed interest, and every rebound triggered strong reactions. That dynamic reflected a tense standoff between rising demand and lingering fear.

Ownership shift toward Bitcoin On the 7th of March, an analysis shared by Bitcoin Teddy reported that over 50 million Americans owned Bitcoin, compared to roughly 37 million who owned gold.

Source: X

The difference stood out. Gold had centuries of trust behind it, yet Bitcoin surpassed it in owner count.

Even so, ownership figures alone did not translate to total market value. Gold’s aggregate U.S. holdings still exceeded Bitcoin’s significantly.

However, the data hinted at something else. Retail investors appeared increasingly willing to treat Bitcoin as a reserve asset alongside traditional stores of value.

Coinbase Premium signals strong US Bitcoin demand According to fresh data from CryptoQuant, Coinbase Premium showed that U.S. investors had stepped in aggressively and were buying Bitcoin [BTC].

Source: CryptoQuant

That premium mattered because it reflected spot demand from American buyers willing to pay more. In particular, it suggested real conviction, not empty noise.

Therefore, the market had started to feel that pressure again.

This was where the story sharpened. U.S. money did not return politely. It usually arrived with force, and Bitcoin often reacted fast when that happened.

However, demand alone never guaranteed safety. It only raised the stakes.

Can BTC hold $63,700? According to Alphractal analyst Joao Wedson, Bitcoin needed to hold $63,700 to avoid a fresh downside move in the market.

Source: X

Below that level, the next risk zones stood at $57,000, $52,400, and $48,700. Those levels were dynamic and changed daily with blockchain behavior.

Therefore, they were not fixed targets, but they were serious warnings.

But did Bitcoin have the strength to hold above $65,000 right then? The answer looked like yes.

However, the incoming week starting on the 9th of March will decide whether that strength could survive through inflows.

If the week opened in green with massive inflows, Bitcoin would likely continue showing strength. However, if flows turned red and outflows returned, weakness would persist. The bulls only hoped that the latter outcome did not play out.

Final Summary Over 50 million Americans reportedly own Bitcoin, surpassing the roughly 37 million Americans who hold gold. Strong U.S. demand suggested growing confidence in Bitcoin despite ongoing market caution.
2026-03-09 03:19 1d ago
2026-03-08 22:06 1d ago
Bitcoin Crashes Below $66,000 as Oil Prices Explode cryptonews
BTC
📊
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Bitcoin crashed hard Monday. The digital currency fell below $66,000 for the first time in weeks as crude oil prices went absolutely wild, surging nearly 20% and sending shockwaves through global markets that nobody saw coming.

Oil traders can’t catch their breath right now. Crude prices hit levels we haven’t seen in months, with West Texas Intermediate jumping to $105 per barrel and Brent crude not far behind. Energy markets are basically in panic mode as the Middle East conflict keeps getting worse, and Iran’s involvement pretty much guarantees things won’t calm down anytime soon. Supply chain experts are already warning about potential disruptions that could push prices even higher.

Crypto investors got hammered.

Bitcoin’s drop reflects the broader risk-off sentiment that’s gripping markets everywhere you look. When oil spikes this hard and this fast, investors typically dump anything that seems risky, and crypto definitely fits that bill. Ethereum also took a beating, falling about 8% in the same timeframe, while smaller altcoins got crushed even harder.

The Federal Reserve is watching all of this very carefully, and Fed officials are probably having emergency calls right now about what rising oil prices mean for inflation. Jerome Powell’s team was already dealing with stubborn price pressures, and now they’ve got this energy shock to worry about. Interest rate decisions just got a lot more complicated, and traders are already betting the Fed might have to stay more aggressive than anyone wanted.

Wall Street opened ugly Monday morning. The Dow dropped 400 points in early trading, while the S&P 500 fell about 2%. Energy stocks are getting hit hard despite higher oil prices – seems counterintuitive, but investors are worried about recession risks if crude stays this elevated. Companies like ExxonMobil and Chevron are down despite the obvious benefit from higher prices.

Iran keeps making things worse. The conflict shows zero signs of cooling off, and diplomatic efforts aren’t really going anywhere meaningful. International mediators are trying to broker some kind of ceasefire, but regional tensions are so high that markets aren’t buying any optimistic headlines.

Goldman Sachs just revised their forecasts Monday afternoon. The bank now expects oil to stay above $100 per barrel for weeks, maybe months, depending on how the Middle East situation plays out. For Bitcoin, Goldman analysts said they’re “cautiously bearish” in the near term, citing correlation with traditional risk assets during times of geopolitical stress. See also: Bitcoin Hits ,000 Then Crashes as.

European markets got slammed too. The FTSE 100 dropped 2.1%, while Germany’s DAX fell even harder. Christine Lagarde at the European Central Bank issued a statement Monday saying the ECB is “closely monitoring” energy price developments and their impact on eurozone inflation. The ECB’s next meeting on March 28 will definitely address these concerns.

OPEC members are scrambling to figure out their next move. The organization has an emergency meeting scheduled for March 15, and Saudi Arabia is reportedly pushing for increased production to calm markets. But other OPEC members aren’t so sure – some see this as an opportunity to maximize revenues while prices are sky-high.

But traders aren’t convinced OPEC can fix this mess quickly.

The Chicago Mercantile Exchange saw massive volume in oil futures Monday, with April contracts hitting $105 and May contracts not far behind. Trading volume was nearly triple normal levels, showing just how frantic things got. Energy traders are basically betting that supplies will stay tight for months.

Japan’s Nikkei closed down 1.8% as Asian markets reacted to the overnight chaos. The yen strengthened against the dollar – typical safe-haven behavior when global markets go haywire. Japanese officials didn’t comment on potential intervention, but currency watchers are keeping close tabs on any moves. For more details, see US Oil Output Hits Records But.

Russia stays silent on production increases. The Kremlin hasn’t said anything about ramping up output to help stabilize global prices, and that silence is making traders even more nervous. Moscow’s got its own reasons for keeping prices elevated, and they’re not exactly motivated to help Western economies right now.

The Department of Energy said Monday it’s “evaluating all options” regarding strategic petroleum reserves. That’s bureaucrat-speak for potentially releasing emergency supplies if prices keep climbing. The Strategic Petroleum Reserve holds about 370 million barrels, but tapping it would be a pretty dramatic move.

Bitcoin mining companies are getting crushed in this selloff. Marathon Digital and Riot Platforms both fell more than 12% Monday as investors worried about energy costs eating into mining profits.

Marathon Digital’s stock plunged to $18.50, its lowest level since January, while Riot Platforms hit $11.20 before recovering slightly. Higher electricity costs from surging energy prices could slash mining margins by 15-20%, according to JPMorgan analysts who cover the sector.

Several major cryptocurrency exchanges reported unusually heavy trading volume Monday, with Coinbase processing roughly $8.2 billion in transactions compared to typical daily volumes around $3 billion. Binance saw similar spikes as retail investors rushed to either buy the dip or cut their losses amid the market chaos.

Post Views: 14
2026-03-09 03:19 1d ago
2026-03-08 22:16 1d ago
Bitcoin, Ethereum Slide, XRP, Dogecoin Steady As Iran War Spooks Investors: Popular Chartist Says This Indicator Acting As 'Ceiling' For BTC Price cryptonews
BTC DOGE ETH XRP
Leading cryptocurrencies slid alongside stock futures and commodities Sunday overnight as the ongoing Middle East conflict kept investors on edge. Cryptocurrency 24-Hour Gains +/- Price (Recorded at 9:20 p.m.
2026-03-09 03:19 1d ago
2026-03-08 22:30 1d ago
Ripple's Coinbase Futures Access Move Signals Growing Institutional Momentum cryptonews
XRP
Ripple expands institutional crypto futures access by integrating Coinbase Derivatives contracts into its prime brokerage platform, opening regulated trading opportunities for global clients and linking deeper liquidity with a rapidly growing institutional derivatives market.
2026-03-09 03:19 1d ago
2026-03-08 22:33 1d ago
Bittensor Rises 3.29% to Lead Altcoin Gainers — Daily Movers Mar 9 cryptonews
TAO
Breaking Signal·Market Impact: Low

Bittensor (TAO) rose 3.29% to $183.63 on Monday, topping the gainers chart, according to CoinGecko data. Stable (STABLE) fell 7.13% to $0.0257 to pace decliners. TAO’s market cap stood at $1.76B, while STABLE’s was $532.93M.

Top Gainers Bittensor (TAO) gained 3.29% to $183.63, lifting its market cap to $1.76B. Bittensor runs a decentralized machine-learning network where miners contribute models to earn TAO. The token secures the network and pays performance-based rewards. Mining subnets compete to produce model outputs scored by the protocol. AI-linked tokens remain actively traded, keeping liquidity in TAO elevated.

Pi Network (PI) added 3.03% to $0.2149, bringing its market cap to $2.07B. No specific news has been tied to the move. The project promotes smartphone-based mining and a broad user community. PI continues to trade on several exchanges, reflecting steady interest at a multi‑billion valuation. Its advance placed it second on the day’s gainer board by percentage.

KuCoin (KCS) rose 1.82% to $7.98, for a market cap of $1.05B. KCS is KuCoin’s exchange token, offering trading fee discounts and buyback‑burn mechanics tied to platform revenue. Its deflationary design aims to align token value with exchange activity. The day’s advance kept KCS among the billion‑dollar cohort as exchange tokens moved in different directions.

Morpho (MORPHO) climbed 1.69% to $1.87, pushing its market cap to $1.02B. Morpho is an Ethereum lending optimizer that pairs users peer‑to‑peer and routes to underlying money markets like Aave and Compound. Traders pointed to broader altcoin rotation. Governance for the protocol is driven by the MORPHO token and its DAO. The move keeps MORPHO just over the $1B capitalization threshold.

Pump.fun (PUMP) gained 1.31% to $0.001916, valuing the token at a $1.13B market cap. Pump.fun operates a Solana‑based launchpad for meme coins and experiments in on‑chain token creation. Activity on Solana has fueled frequent token launches, feeding attention to PUMP. The token’s gain rounded out a session where all five gainers carried $1B‑plus market values.

Top Losers Stable (STABLE) dropped 7.13% to $0.0257, with a market cap of $532.93M. The slide arrived without a clear headline catalyst. Despite its name, STABLE does not trade at a $1 peg. The move left STABLE as the session’s largest decliner among mid‑caps by market value.

OKB fell 4.82% to $98.01, taking its market cap to $2.06B. OKB is the exchange token of OKX, used for fee tiers, access to sales programs, and periodic buybacks and burns. The decline contrasted with a gain in KuCoin’s KCS, showing divergence across exchange tokens. At just under $100, OKB’s price retreat was among the sharper large‑cap pullbacks on the day.

Worldcoin (WLD) slid 4.28% to $0.3600, for a market cap of $1.04B. Worldcoin seeks proof‑of‑personhood via its iris‑scanning Orb devices and issues WLD to verified users. There was little in the way of project‑specific developments during the session. WLD’s dip placed it near the middle of the loser list by magnitude.

Cosmos Hub (ATOM) declined 3.90% to $1.71, placing its market cap at $849.27M. ATOM secures the Cosmos Hub, anchors Inter‑Blockchain Communication (IBC), and governs staking and treasury parameters. The move left ATOM under the billion‑dollar mark despite its central role in cross‑chain routing via IBC. The token remains a bellwether for interoperability narratives in crypto.

Quant (QNT) fell 3.75% to $61.80, giving it a market cap of $898.87M. Quant develops Overledger, middleware aimed at connecting enterprise systems with multiple blockchains. QNT features a capped supply and is used for network access and licensing within the ecosystem. The pullback left QNT just shy of a $900M valuation to close the session’s loser slate.

Market Outlook The session’s range was defined by Bittensor’s 3.29% gain at $183.63 and Stable’s 7.13% slide to $0.0257. Four other gainers rose between 1.31% and 3.03%, while the remaining losers fell 3.75%–4.82%. Exchange tokens split, with KCS up 1.82% and OKB down 4.82%.

Into the next session, watch whether Bitcoin can hold key round numbers and if AI‑linked momentum via TAO persists. Divergence among exchange tokens bears monitoring, and any macro data releases could influence risk appetite across majors and mid‑caps.

SourcesCoinGecko

This article was written with AI assistance and reviewed by the The Currency analytics editorial team. Information presented is sourced from publicly available reports. The Currency analytics strives for accuracy but cannot guarantee completeness. This article does not constitute financial advice.

Post Views: 2
2026-03-09 03:19 1d ago
2026-03-08 22:44 1d ago
Bitcoin Price Sinks Below $68K, Downside Targets Come Into Focus cryptonews
BTC
Bitcoin price started a fresh decline below $68,500 and $68,000. BTC is now consolidating and might struggle to start a recovery wave above $68,500.

Bitcoin started a fresh decline after it settled above the $69,500 zone. The price is trading below $68,000 and the 100 hourly simple moving average. There was a break below a major bullish trend line with support at $68,900 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might dip again if it trades below the $65,500 and $65,000 levels. Bitcoin Price Starts Another Decline Bitcoin price failed to extend its increase above the $68,500 zone. BTC started a fresh decline after it settled below the $68,000 support zone.

The bears pushed the price below $67,500 and $67,200. Besides, there was a break below a major bullish trend line with support at $68,900 on the hourly chart of the BTC/USD pair. Finally, the price tested the $65,500 zone. A low was formed at $65,646, and the price is now consolidating losses.

Bitcoin is now trading below $68,000 and the 100 hourly simple moving average. If the price remains stable above $65,500, it could attempt a fresh increase. Immediate resistance is near the $67,000 level. The first key resistance is near the $67,600 level and the 23.6% Fib retracement level of the downward move from the $74,062 swing high to the $65,646 low.

Source: BTCUSD on TradingView.com A close above the $67,600 resistance might send the price further higher. In the stated case, the price could rise and test the $68,800 resistance. Any more gains might send the price toward the $68,800 level. The next barrier for the bulls could be $69,850 or the 50% Fib retracement level of the downward move from the $74,062 swing high to the $65,646 low.

More Losses In BTC? If Bitcoin fails to rise above the $68,000 resistance zone, it could start another decline. Immediate support is near the $65,500 level. The first major support is near the $65,000 level.

The next support is now near the $63,500 zone. Any more losses might send the price toward the $62,000 support in the near term. The main support now sits at $61,200, below which BTC might struggle to recover in the near term.

Technical indicators:

Hourly MACD – The MACD is now gaining pace in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level.

Major Support Levels – $65,500, followed by $65,000.

Major Resistance Levels – $68,000 and $68,800.
2026-03-09 03:19 1d ago
2026-03-08 22:47 1d ago
Why Bitcoin, Ethereum and XRP Prices Are Not Crashing Today? cryptonews
BTC ETH XRP
Cryptocurrencies defied a sweeping global market selloff on Monday as a catastrophic oil supply shock and escalating U.S.-Iran tensions sent equities tumbling, with Bitcoin, Ethereum and XRP each posting modest gains even as Wall Street futures pointed to one of the worst openings in recent memory.

Crypto Holds as Equities Crater

Bitcoin traded at $66,124.97, up 1.65% over 24 hours. Ethereum added 1.08% to change hands at $1,944.62, while XRP outperformed both, climbing 1.47% over seven days to $1.34. The crypto market capitalization stood at $2.28 trillion, a striking contrast to equity futures showing the Nasdaq off 1.56%, the S&P 500 down 1.65%, the Dow shedding 2%, and the Russell 2000 hemorrhaging 3.8%.

The Oil Shock Behind the Chaos

Crude oil surged 21% at the open, with West Texas Intermediate hitting $110.99 per barrel for the first time since June 2022, now up 65% since the outbreak of the U.S.-Iran war. The trigger was the effective closure of the Strait of Hormuz, through which roughly one-fifth of the world’s daily oil supply normally flows. 

With pipeline bypass capacity capped at 6.8 million barrels per day against a trapped flow of 19.8 million, analysts estimate a structural daily deficit of 12.7 million barrels. In nine days, an estimated 200 million barrels have failed to reach global markets. Iraq, Iran and Kuwait have collectively halted millions of barrels in daily production. Saudi Arabia’s Ras Tanura refinery is offline. Qatar has suspended approximately 20% of global LNG supply.

A Leadership Vacuum in Tehran

Compounding the instability, Iran’s Assembly of Experts formally declared Mojtaba Khamenei as Supreme Leader on Monday, triggering street protests in Tehran and a sharp response from Washington, where President Trump had previously called a dynastic succession “unacceptable.”

Why Digital Assets Are Diverging

Against that backdrop, crypto’s divergence from equities has drawn attention. Bitcoin’s institutional positioning as a store of value is attracting defensive flows that traditionally move into gold. With oil driving inflation expectations higher, assets outside the traditional financial system are drawing fresh interest. 

The Crypto Fear & Greed Index at 17 signals extreme fear, a reading historically associated with accumulation rather than further selling. Crucially, digital assets carry no exposure to the physical infrastructure at the center of this crisis.

There are no refineries to go offline, no tankers to reroute. In a shock defined entirely by the vulnerability of physical supply chains, that detachment is proving, for now, to be an advantage.

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

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2026-03-09 03:19 1d ago
2026-03-08 23:02 1d ago
Bitcoin slumps to $66,000 as oil price spike rattles Asian stock markets cryptonews
BTC
The price of bitcoin (BTC) fell following last week's brief rally, as a spike in oil prices weighed on Asian equity markets on Monday.

According to The Block's bitcoin price page, the cryptocurrency dropped 1.87% in the past 24 hours to trade at $66,010 at the time of writing. This is a 10% slide from the recent peak of $73,500 recorded on March 5. 

This pullback brought bitcoin back to levels seen before the short-lived surge, which aligns with research firm CryptoQuant's previous analysis that last week's price action was more of a "relief rally" than a start of a new bull cycle.

"BTC’s move to $66K is driven by a macro-driven pullback," said Dominick John, analyst at Zeus Research. "Elevated geopolitical risk, particularly the lack of de-escalation in the Middle East, pushed markets into a more risk-off posture, while rising oil prices are adding to inflation concerns and tightening global financial conditions."

Oil shock Due to persisting tensions in the Middle East, the price of crude oil surged past $110 per barrel, rising 22% on the day, and 72% in the past month, according to Trading Economics. 

U.S. President Donald Trump commented on Sunday that a short-term surge in oil prices is "a very small price to pay," adding that prices would stabilize once "the destruction of the Iran nuclear threat is over."

"The rising price of oil is a major factor in driving up inflation and could drag down global economic growth, given that it is used as an input for so many products across different industries," said Jeff Mei, COO at BTSE. "This concern is what is causing bitcoin to dip. That being said, bitcoin's price has proven to be more resilient than in past bear markets, and this could be because of the larger makeup of institutional holders this time around."

The rise in oil prices has affected major Asian stock markets, particularly in economies heavily dependent on crude imports. Japan's Nikkei has plunged 7% after Monday's market open, while South Korea's KOSPI has dropped 7.9%. Hong Kong's Hang Seng Index has fallen 2.7%, and the Shanghai Composite Index has declined 1.4%.

In recent years, bitcoin has become increasingly correlated with equities market, displaying sensitivity to geopolitical volatility. The Block's 30-day Pearson correlation for bitcoin shows that it has a 88% correlation to the Nasdaq Composite as of March 6.

What to watch for Additionally, bitcoin exchange-traded fund flows have recently turned negative, putting pressure on the base asset price. The funds saw $576.6 million in net outflows last Thursday and Friday combined.

Zeus Research's John said $65,000 acts as the near-term support for bitcoin as the market digests macro volatility, while the $68,000-$69,000 range represents a key resistance zone. A break above that level would help restore short-term bullish momentum, he said.

"Potential catalysts include continued ETF inflows, clearer crypto regulation, and improving macro liquidity if central banks begin easing. Together, these factors could drive more institutional capital into the market," John said, adding that traders should watch for this week's U.S. consumer price index report and initial jobless claims to gauge the level of inflation in the country.

"Until the global geopolitical situation improves, it is unlikely to see any stability or optimism to drive a risk-on sentiment that would push for higher crypto prices," said Nick Ruck, director at LVRG Research.

Disclaimer: The Block is an independent media outlet that delivers news, research, and data. As of November 2023, Foresight Ventures is a majority investor of The Block. Foresight Ventures invests in other companies in the crypto space. Crypto exchange Bitget is an anchor LP for Foresight Ventures. The Block continues to operate independently to deliver objective, impactful, and timely information about the crypto industry. Here are our current financial disclosures.

© 2026 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
2026-03-09 02:19 1d ago
2026-03-08 20:35 1d ago
VIEW Oil surges 20% as Iran war fuels supply fears stocknewsapi
BNO DBO GUSH IEO OIH OIL PXJ UCO USO XOP
SINGAPORE, March 9 (Reuters) - Oil prices surged about 20% in early trade on Monday, hitting their highest since July 2022, as the expanding U.S.-Israeli war with Iran led some major Middle East oil producers to cut supplies and on concerns of ​prolonged disruption to shipping through the Strait of Hormuz.

COMMENTARY:

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DANIEL HYNES, SENIOR COMMODITY STRATEGIST, ANZ, SYDNEY"I think prices have ‌rallied this morning on the reports that Middle East producers are now reducing output due to storage facilities filling up fast."

"I certainly think the spectre now of Middle Eastern producers curtailing output is going to keep those prices elevated. The next flag will be whether it eventually reaches a ​point where they have to start shutting in oil wells, which not only further impacts output but also delays a ​response once the conflict eases. That would potentially sustain those prices for much longer."

VISHNU VARATHAN, HEAD ⁠OF MACRO RESEARCH, ASIA EX-JAPAN, MIZUHO, SINGAPORE"A sudden supply shock reverberates well beyond just who is a net energy exporter and ​importer. There are acute supply chain effects beyond how just price eats into margins. Even for a place like Indonesia (where) it is ​not unusual to see street protests if pump prices go up."

"Asia takes the brunt of the sharp escalation in oil prices and there are few places to run and hide. The dollar has to be the one outperforming, given Japan and Korea's exposures here and the sharp pain that ​can be expected from Brent at $107."

SAUL KAVONIC, HEAD OF ENERGY RESEARCH AT MST MARQUEE"The market had been complacent about the scope ​and duration of the war and associated supply disruptions until last Friday.

"Its a case of the oil market who cried wolf. After three years ‌of geopolitical ⁠risk premia rising only to fail to translate to supply disruptions, the market became complacent about the current events.

"But this existential Iran war is the energy crisis scenario that has been wargamed for 50 years, finally coming to fore."

BMI, A UNIT OF FITCH SOLUTIONS"Our baseline scenario is the conflict in Iran will be large but short-lived, though there is a clear risk of a prolonged ​war. Among emerging markets, the ​economic impact will be felt ⁠most clearly in the Gulf Cooperation Council, reflecting the shock's adverse impact on trade, logistics, tourism and investment."

"First, Pakistan and India are most vulnerable as they are energy importers with relatively high exposure ​to the Strait of Hormuz. Second, outside of physical trade disruption, Egypt and Turkiye are ​most exposed. This ⁠is due to their high energy import bill, fragile external positions, large energy subsidies and unanchored inflation. Third, commodity producing economies in Sub-Saharan Africa and Latin America are least at risk, including Nigeria, Ghana and Peru."

MICHAEL MCCARTHY, CHIEF OPERATING OFFICER, MOOMOO, SYDNEY"The threats to attack refineries ⁠are ​very concerning. Because it threatens the worst of all economic worlds. Cutting off ​15%-20% of the world's oil supply not only slows down every economy globally, but it introduces an inflation impulse. And inflation plus slowing growth is stagflation, and ​that's an economic disaster."

Reporting by Rae Wee, Tom Westbrook, Emily Chow, Katya Golubkova; Editing by Tony Munroe, Rashmi Aich and Sumana Nandy

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2026-03-09 02:19 1d ago
2026-03-08 21:01 1d ago
Meet the Artificial Intelligence (AI) Stock I Just Purchased stocknewsapi
NVDA
With the market suddenly turning bearish on some of the best artificial intelligence (AI) stocks in the market, I decided now is the perfect time to take action and buy some shares. The company I bought most recently is fairly popular and has been a top AI pick for a long time. However, one of the greatest pieces of investing advice I've ever heard came from Peter Lynch, who noted, "Sometimes the best stock to buy is one you already own."

I agree with that philosophy, which is why I recently purchased Nvidia (NVDA 2.94%) stock before earnings. While I may be somewhat disappointed that Nvidia's stock didn't soar following earnings, and could have gotten it for cheaper if I waited, I'm confident in its long-term prospects and believe it's still a great buy today.

Image source: Getty Images.

AI spending isn't slowing down The biggest reason some of the big tech stocks are down alongside Nvidia is the market's growing skepticism of AI spending. The big four hyperscalers alone are slated to spend about $650 billion on capital expenditures this year, with the vast majority of that going toward AI aspirations. There has been a ton of innovation with AI over recent months, and it doesn't look to be slowing down anytime soon. However, what's missing are the massive revenue streams needed to justify this spending, and that's what has the market concerned. If there is no real return on investment, why are they spending so much? The reality is, none of these companies can afford to be left behind. If they choose not to invest in AI, and it turns out to be the real deal, it will be nearly impossible to catch up, obsoleting their business in just a handful of years. So each of them chooses to continue spending.

Nvidia receives a huge cut of that spending for its graphics processing units (GPUs), so if the hyperscalers decreased their AI spending, its business would be harmed. But the reality is, nobody is slowing down; they're speeding up. This is showcased by Nvidia's latest quarterly results, where its revenue growth actually accelerated from the previous two quarters.

NVDA Revenue (Quarterly YoY Growth) data by YCharts

Considering Nvidia generated $68.1 billion in revenue during Q4 of fiscal year 2026 (ending Jan. 25), this growth rate is nearly unbelievable. It also gives me confidence that Nvidia is still going strong and the AI surge shows no signs of weakening.

While the market may want more tempered spending, Nvidia forecasts global data center capital expenditures of $3 trillion to $4 trillion by 2030. That's a far cry from where we're at now, and Nvidia will make shareholders a ton of money along the way if its vision of what the future holds pans out.

Today's Change

(

-2.94

%) $

-5.39

Current Price

$

177.95

It's also a screaming deal.

Nvidia's valuation is polarizing There's a huge debate around Nvidia's stock: Should you use trailing earnings or forward earnings?

Trailing earnings are far more concrete, as they measure where the business has already been. However, you lose the forward-looking aspect of the market, which is a big deal when a company is growing as fast as Nvidia. On the flip side, there's no guarantee that Nvidia will achieve the analysts' goals that set the stage for forward earnings valuation. Each of these metrics has its flaws; the question is, Which do you believe more accurately portrays Nvidia as an investment?

NVDA PE Ratio data by YCharts

To me, valuing Nvidia on forward earnings makes the most sense because I believe that the AI build-out will be a multiyear opportunity and Nvidia has plenty of growth left in the tank. As a result, it looks like a screaming buy at these levels, and investors should consider adding more to their portfolios.
2026-03-09 02:19 1d ago
2026-03-08 21:26 1d ago
Union Pacific: Solid Choice For Steady Growth With Decent Dividend stocknewsapi
UNP
3.34K Followers

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

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-03-09 02:19 1d ago
2026-03-08 21:48 1d ago
China consumer inflation hits three-year high as producer deflation eases stocknewsapi
FXI KWEB MCHI
China's consumer inflation recorded the biggest jump in more than three years, as an extended holiday bolstered spending while deflation in factory-gate prices moderated.

The consumer price index rose 1.3% in February from a year earlier, China's National Bureau of Statistics data showed Monday, beating economists' forecast for a 0.8% increase in a Reuters poll. The increase followed a 0.2% growth in January, marking the strongest rebound since January 2023, according to LSEG data.

Prices rose 1% month on month, above economists' expectations for a 0.5% rise.

China's producer price index slumped 0.9% from a year ago, better than economists' expectations of a 1.2% fall, official data showed, moderating from a 1.4% drop in January.

In a top economic policy-setting meeting last week, Beijing kept its annual consumer inflation target steady at "around 2%" for 2026. First set in 2025, that's the lowest level in more than two decades as Chinese policymakers sought to bolster domestic demand and rein in aggressive price wars sweeping across many industries.

The inflation target acts more as a ceiling than a target to be realized. In 2025, consumer prices were flat overall, while core inflation, which excludes food and energy prices, rose 0.7% as consumer confidence remained soft.

Beijing also lowered its GDP growth target this year to a range of 4.5% to 5%, the least ambitious target on record going back to the early 1990s, as officials acknowledged persistent deflationary pressures and heightened geopolitical uncertainty.

To bolster domestic spending, Chinese officials dedicated 250 billion yuan ($36.2 billion) in the fiscal budget this year to subsidize a consumer trade-in program — down from 300 billion yuan in 2025 — along with a 100 billion yuan government fund to support private investment and consumer spending.

"The pace [of these stimulus measures] will remain incremental," said Larry Hu, chief China economist at Macquarie, noting that while policymakers see weak consumption as a structural issue to be addressed, the need for "aggressive consumption stimulus is low" with exports and manufacturing seen to continue powering the growth.

"The main swing factor is exports," Hu said in a note last Thursday. "If exports remain strong, policymakers may continue to tolerate weak domestic consumption. Conversely, if exports falter, they will step up domestic stimulus to defend the GDP target."

This is breaking news. Please refresh for updates.
2026-03-09 02:19 1d ago
2026-03-08 21:56 1d ago
Oil Surges, Asian Equities Slump Amid Growing Middle East Conflict stocknewsapi
BNO DBO GUSH IEO OIH OIL PXJ UCO USO XOP
Oil jumped above $100 a barrel, while Japan's Nikkei Stock Average slid 6.7%, amid intensified concerns over petroleum supply disruptions.
2026-03-09 02:19 1d ago
2026-03-08 22:00 1d ago
CME Group Announces First Trades for South Asia Crude Palm Oil (Fastmarkets) Futures stocknewsapi
CME
, /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced a total of 100 contracts of the South Asia Crude Palm Oil (Fastmarkets) futures traded as a block between Avere Commodities and Olam Agri, brokered by ICAP, on March 5, 2026. CME Group launched its four new South Asia edible oil futures contracts, which are available for trading, on March 2, 2026.

"We're pleased to see early industry support for our new South Asia edible oils futures contracts," said John Ricci, Managing Director and Global Head of Agricultural Products, CME Group. "The addition of these contracts provides South Asian market participants with enhanced price discovery and risk management capabilities and will further support their investment and hedging strategies." 

"At Avere, our traders and management team are always exploring new products and expanding the markets in which we participate," said Preston MacKenzie, Senior Trader, Vegetable Oils, Avere Commodities. "CME Group's exchange-cleared products that represent cash markets are great tools to add to our portfolio."

"Being the largest shippers of vegetable oils to India, we embrace the addition of another tool to optimize our hedging strategies," said Rix Hufman, Senior Tropical Oils Trader at Olam Agri.

"We're proud to be the first firm to broker this new product," said James Mckay, Co-Head, APAC Ags, Softs & Biofuels at ICAP. "It's an important first step in developing new and innovative ways for our customers to manage their risk in these volatile and ever-changing markets."

"As these new soybean and palm oil futures contracts take off, IVPA is proud to be part of a historical innovation that makes effective risk management possible for the Indian vegetable oils industry," said Sudhakar Desai, President of the Indian Vegetable Oil Producers' Association (IVPA). "We envision these becoming the global benchmarks that other major destinations adopt for buying and selling CIF India contracts."

The four new cash-settled products launched on March 2, 2026 include two outright contracts and two spread contracts that are based on the Fastmarkets Soyoil CFR India and Crude Palm Oil CFR West Coast India assessments:

South Asia Soybean Oil (Fastmarkets) Futures South Asia Crude Palm Oil (Fastmarket) Futures South Asia Soybean Oil (Fastmarkets) vs. CBOT Soybean Oil Futures South Asia Crude Palm Oil (Fastmarkets) vs. USD Malaysian Crude Palm Oil Futures For more information on these products, please visit http://www.cmegroup.com/south-asia.

As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, cryptocurrencies, energy, agricultural products and metals.  The company offers futures and options on futures trading through the CME Globex platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform.  In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing. 

CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex, and E-mini are trademarks of Chicago Mercantile Exchange Inc.  CBOT and Chicago Board of Trade are trademarks of Board of Trade of the City of Chicago, Inc.  NYMEX, New York Mercantile Exchange and ClearPort are trademarks of New York Mercantile Exchange, Inc.  COMEX is a trademark of Commodity Exchange, Inc. BrokerTec is a trademark of BrokerTec Americas LLC and EBS is a trademark of EBS Group LTD. The S&P 500 Index is a product of S&P Dow Jones Indices LLC ("S&P DJI"). "S&P®", "S&P 500®", "SPY®", "SPX®", US 500 and The 500 are trademarks of Standard & Poor's Financial Services LLC; Dow Jones®, DJIA® and Dow Jones Industrial Average are service and/or trademarks of Dow Jones Trademark Holdings LLC. These trademarks have been licensed for use by Chicago Mercantile Exchange Inc. Futures contracts based on the S&P 500 Index are not sponsored, endorsed, marketed, or promoted by S&P DJI, and S&P DJI makes no representation regarding the advisability of investing in such products. All other trademarks are the property of their respective owners. 

CME-G

SOURCE CME Group
2026-03-09 02:19 1d ago
2026-03-08 22:00 1d ago
Exxon & Chevron Jump While Berkshire Drops on Sunday Night stocknewsapi
BRK-A BRK-B CVX XOM
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As oil futures rocket past $100 per barrel tonight, the market is splitting in two. Tech and diversified holdings are getting crushed, while pure-play energy names are surging.

Let’s explore some of the biggest movers on Sunday night. Tech companies like NVIDIA and Apple are getting badly bruised, but energy stocks are rallying.

Exxon (XOM): Up 3.6% After Hours Exxon Mobil (NYSE:XOM) is up 3.6% in after-hours trading as WTI crude futures spike 18% above $100 per barrel. That oil move flows almost directly into Exxon’s earnings and free cash flow. Its Permian Basin operations hit a record 1.8M barrels of oil equivalent per day in Q4, and Guyana offshore assets and Golden Pass LNG give it diversified exposure across the oil price curve. Exxon was already up 26.52% YTD and 45.33% over the past year heading into tonight. Sustained $100 oil would represent a significant tailwind relative to the price assumptions embedded in current analyst models.

Chevron (CVX): Up 3.5% After Hours Chevron (NYSE:CVX) is up 3.5% after hours, similarly powered by the oil surge. Its asset mix, including the Permian, Kazakhstan’s Tengiz field, and deepwater Gulf of Mexico, gives it broad leverage to elevated crude. Chevron delivered a record full-year operating cash flow of $33.9B in 2025 and returned $27.1B to shareholders, and is up 25.85% YTD and 29.81% over the past year heading into tonight’s move.

Berkshire Hathaway (BRK-B): Down 1.3% After Hours Berkshire Hathaway (NYSE:BRK-B) is down 1.3% tonight, which looks paradoxical given its Chevron stake. But its largest holding is Apple, which is sinking alongside the broader tech selloff. GEICO, BNSF Railroad, and consumer-facing businesses also face real headwinds in an oil-shock slowdown. Berkshire is down 0.73% YTD while Exxon and Chevron are up over 25% each, illustrating why diversified conglomerates lag pure-play energy in a spike.

Tonight’s rotation is textbook oil shock dynamics. Nasdaq futures are down 2.1%, the Dow is down 1.9%, and S&P 500 futures are off 1.8%. The key question is whether $100+ oil is a sustained regime or a geopolitical headline spike. Whether $100+ oil represents a sustained regime or a short-term spike will determine how durable tonight’s energy sector gains prove to be.
2026-03-09 02:19 1d ago
2026-03-08 22:00 1d ago
AI agents won't replace you, they need you: Box CEO says stocknewsapi
BOX
Box CEO Aaron Levie discusses how artificial intelligence agents will help boost productivity, not replace jobs, on ‘The Claman Countdown.'