Market Signal Briefing

Crypto commentator Zach Rector argues that XRP’s months-long malaise is nearing a turning point, contending that selling pressure has largely run its course and that a fresh wave of institutional demand is lining up on the other side of the ledger. “XRP sellers are exhausted,” Rector said in a video analysis published late on October 9, adding that “the downside action and the consolidation that we’ve seen over the past few months is coming to an end and the suits are now getting ready to sell it with slideshow presentations.”

Reasons To Be Bullish On XRP
Rector’s central thesis is that structurally constrained float and prospective exchange-traded products could catalyze a supply squeeze. He framed the timeline around a US government shutdown, asserting that approval activity would not resume until after a reopening: “ETFs are set to go live for XRP as soon as the government shutdown ends. No, I am not anticipating the SEC to approve the ETFs while the government is shut down.” He characterized the post-shutdown period as a potential “tidal wave of XRP, crypto, and other related ETFs,” while acknowledging that the precise sequencing depends on regulators returning to normal operations.

Pointing to what he sees as a template in other assets, Rector highlighted a recent trading episode he attributed to BlackRock’s Ethereum ETF. In his telling, “Jane Street… spark[ed] a massive momentum ignition selloff just in time for BlackRock’s ETF to buy the most Ether in 2 months,” with $437 million of inflows arriving on a day of heavy price weakness.

“While they’re hitting the sell button, panicking… the investors at BlackRock are saying, ‘Thank you very much,’” he said. He extrapolated from this to XRP, claiming “the suits have the champagne on ice cuz they know that they’re about to go break records with the XRP ETFs.”

Beyond the ETFs, Rector emphasized on-chain and DeFi dynamics that he believes reduce liquid supply. He cited activity around Flare’s FXRP mechanism, describing wallet flows and escrowed balances as visible on public ledgers: “So far, Flare has already locked up almost $60 million worth of XRP. That’s equivalent to about 20 million XRP.”

Rector broadened his supply-tightening thesis to digital asset treasury (DAT) companies, asserting they had “already actually acquired 10% of the overall Ethereum supply” and were now “coming for XRP.”

XRP Momentum Builds
He also alluded to tokenization and payments initiatives he associates with Ripple and the XRP Ledger, asserting that “they really are going to tokenize on the XRP Ledger” and bring “flows of liquidity that are valued in the trillions of dollars” onto the network. As evidence of institutional momentum, he pointed to European and Middle Eastern developments.

Citing a post from VanEck’s Matthew Sigel, he said “Luxembourg becomes the first EU sovereign wealth fund to buy Bitcoin with a 1% position via ETF,” and noted recent meetings between Ripple executives and Luxembourg’s finance minister. He also referenced Ripple’s expansion in the Middle East, including Bahrain, as reinforcing an institutional pipeline.

On market structure, Rector said the recent intraday push lower found support above a level he is monitoring. “I zoomed out… to when we last back tested $2.70 just to show you… support,” he said, noting a visit to “about 2.77… people are front running that $2.70 level… we’re up to $2.81.”

For investors worried that a peak is already in, he pushed back: “Was that the end of the XRP bull run? Did I just miss the top at 3.66? Absolutely not… imagine thinking that now’s the time to sell when Wall Street’s about to start selling it for you.”

Rector’s explicit forward targets were sweeping. He said newcomers could “still… triple it up at least by next year,” and that a “10x” remained plausible under his “$20 to $30 base case,” characterizing “double-digit XRP” as “easily done.”

Throughout, he tied the outlook to a cluster of catalysts—“ETFs, digital asset treasury companies, and institutional adoption”—and to what he regards as a steady constriction of tradable float via DeFi lockups. “That’s what leads to a supply shock,” he said. “This party’s just getting started.”

At press time, XRP traded at $2.815.

XRP price, 1-day chart | Source: XRPUSDT on TradingView.com
Featured image created with DALL.E, chart from TradingView.com

Cover image via U.Today

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

Bears are trying to seize the initiative in the second part of Friday, according to CoinStats.

XPL chart by CoinStatsXPL/USDThe price of Plasma (XPL) has declined by 10% over the last 24 hours.

Image by TradingViewOn the hourly chart, the rate of XRP is going down after a local support breakout of $0.7036. If the daily bar closes far from that mark, the drop is likely to continue to new lows.

Image by TradingViewOn the longer time frame, the picture is also bearish. In this case, traders should focus on the daily candle's closure in terms of yesterday's bar's low. 

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If it happens below $0.70, traders may witness an ongoing correction.

Image by TradingViewFrom the midterm point of view, the situation is not clear enough, as XPL has been just listed on the exchange recently. However, if the weekly candle closes below $0.8282, traders might keep controlling the initiative on the market.

XPL is trading at $0.6750 at press time.

Bitcoin dropped sharply, with the price breaking below $119,000 on Friday as stocks and crypto reacted to President Donald Trump’s comments about China.

Summary

Bitcoin fell sharply on Friday to touch lows of $118,500 amid losses on Wall Street.
Dow Jones plunged more than 500 points, with U.S. stocks sliding amid broader market downturn.
Losses across stocks and crypto followed President Donald Trump’s latest comments on China, including threats to cancel a planned meeting with Xi Jinping.

Bitcoin’s price, which had moved to $122,000 as U.S. stocks opened higher, slumped as the equity market plummeted in reaction to Trump’s criticism of China regarding global rare-earth metals.

What did Trump say?
On Friday, Trump took to his Truth Social account to comment on what he termed China’s increasingly hostile stance on rare-earth metals.

According to Trump, Beijing has dispatched letters to various countries threatening further export controls on rare earths. Trump threatened to cancel an anticipated meeting with China’s Xi Jinping.

“We have been contacted by other Countries who are extremely angry at this great Trade hostility, which came out of nowhere. Our relationship with China over the past six months has been a very good one, thereby making this move on Trade an even more surprising one. I have always felt that they’ve been lying in wait, and now, as usual, I have been proven right!” Trump posted.

He noted that China isn’t the only one with monopoly positions, as the U.S. does too, and said its position is “much stronger and far-reaching.” Trump also mentioned an upcoming meeting with Xi.

“I was to meet President Xi in two weeks, at APEC, in South Korea, but now there seems to be no reason to do so.”

Bitcoin retests $118,500 level
As the Dow Jones tanked by over 500 points, Bitcoin (BTC) fell more than 2% to near $118,560 across major exchanges. 

The benchmark cryptocurrency traded just under the $119,000 mark at the time of writing. However, with Trump’s latest salvo against China triggering jitters around a potential new trade war between the United States and China, it is likely that bears could eye further downside.

Bitcoin’s daily trading volume was up 13% to over $74 billion.

Cover image via U.Today

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

Dogecoin is in the spotlight as a popular crypto trader predicts a moonshot for its price, which might take its price higher by as much as 2,700%.

In a recent tweet, crypto trader Kaleo reveals his bullish target for Dogecoin, drawing from Bitcoin.

Kaleo predicts a target of $6.942 for each Dogecoin, calculated from his projection for the Bitcoin price.

HOT Stories

"Kaleo, isn't this a little too bullish?"

Let's do some math! My target for Bitcoin this cycle is >$500K. That's >$10T mcap.

Last bull market, Dogecoin hit nearly 10% of BTC's mcap.

10% of $10T is $1T. $1T mcap for Dogecoin = ~$6.9420 per $DOGE.

— K A L E O (@CryptoKaleo) October 10, 2025 The underlying basis for Kaleo's prediction is that Dogecoin reached nearly 10% of Bitcoin's market cap in the last bull cycle. With Bitcoin currently trading above $120,000 with a market capitalization of $2.4 trillion, Kaleo revealed a target for the Bitcoin price this cycle to be $500,000, which gives a target of $10 trillion market cap by extrapolation.

If this is so, Kaleo believes that since Dogecoin reached 10% of Bitcoin's market cap in the last bull cycle, such a historical tendency might repeat itself.

Calculating 10% of his $10 trillion market cap target for Bitcoin, the crypto trader arrives at a potential $1 trillion market cap for Dogecoin, which by extrapolation would yield a $6.9420 price target per each DOGE coin.

Kaleo wrote in a tweet: "Let's do some math!  My target for Bitcoin this cycle is >$500K. That's >$10T mcap. Last bull market, Dogecoin hit nearly 10% of BTC's mcap.10% of $10T is $1T.  $1T mcap for Dogecoin = ~$6.9420 per DOGE."

At press time, Dogecoin's price was $0.249; a price target of $6.942 implies Dogecoin would need to increase by 2,732%.

Dogecoin news This week, Houseof Doge announced a new milestone in Dogecoin's Treasury move: 710 million DOGE have now been accumulated by Cleancore.

In a tweet, House of Doge, the official corporate arm of the Dogecoin Foundation, provided an update on the Official Dogecoin Treasury established in partnership with CleanCore Solutions.

As of Oct. 6, 2025, through its Official Dogecoin Treasury Partner CleanCore, the House of Doge Treasury now holds more than 710,000,000 DOGE, with over $20 million in unrealized gains, marking another milestone on its journey toward the one billion DOGE target.

A combination of early unlocks, whale dumping, and panic contributed to a major WLFI price crash.

Summary

WLFI price dropped more than 20% intraday, extending a multi-week downturn
A combination of early unlocks and whale dumping contributed to the decline
The WLFI team also made controversial decisions to freeze hundreds of wallets

World Financial Liberty (WLFI) traded at one point lower by more than 30%, extending a brutal multi-week sell-off that has erased nearly half of the token’s market cap. On Friday, October 10, the World Liberty Financial token, linked to the Trump family, traded as low as $0.1405 before bouncing back to $0.1459.

The crash extended a multi-week decline, during which it lost nearly half of its value from the multi-month high of $0.252 on September 21. Still, even after its peak, the token did not decline as rapidly as it did on October 10.

Several other projects associated with Donald Trump are also falling as a result of the panic. Official Trump (TRUMP) memecoin lost 3.1% during the day, compounding a monthly loss of 18%. TrumpCoin (DJT), which has no connection with the Trump family, fell 38.4% the same day.

Why did the WLFI token price collapse?
Several catalysts contributed to the steep decline of the WLFI token. The most likely explanation is the lingering effects of early WLFI unlocks. Notably, the project unlocked 20% of all presale tokens on September 1, the same day that trading started.

This contributed to an explosion of liquidity, and many early investors sold. However, not all were so lucky, as the token launch was embroiled in a controversy with one of its biggest backers, Justin Sun. Sun, who has close business ties with World Liberty Financial, said that the WLFI team froze his tokens, which eroded trust in the project.

WLFI also sold 100 million tokens to Bitcoin mining firm Hut 8 for $25 million on October 4. While the transaction was relatively minor compared to the token’s $3.6 billion market cap, it might have contributed to fears of insider selling.

Analysts present a case that ZEC may still be undervalued – Zcash price predictions now eye new highs as the privacy coin narrative heats up.

The bitcoin price dropped to the $118,000s range today after President Trump announced plans to raise tariffs on Chinese goods in response to China’s export controls on rare earth metals. 

Bitcoin price is down roughly 2.3% in the past 24 hours and about 6% since reaching a record high above $126,000 just four days ago.

President Trump threatened a “massive” increase in tariffs on Chinese goods, signaling a sharp escalation in the U.S.-China trade tensions and casting doubt on a planned APEC meeting with President Xi. This came after China imposed new limits on rare earth and related technology trade. 

“I was to meet President Xi in two weeks, at APEC, in South Korea, but now there seems to be no reason to do so,” Trump said on Truth Social. 

China requires foreign companies to obtain special approval to export products containing even trace amounts of Chinese rare earth elements, which are essential for items ranging from jet engines and electric vehicles to laptops and phones. 

Trade talks between China and the U.S. this year have addressed rare earths, TikTok, and tariffs, with over three rounds held so far. Following May talks in Geneva, the U.S. said China had agreed to ease some of its rare earth export restrictions.

All markets reacted negatively, echoing the sentiment from April when President Trump’s ‘Liberation Day’ tariffs rattled markets. The tariffs in April, via Executive Order 14257, declared a trade deficit emergency, imposing sweeping U.S. import duties.

Bitcoin price reaction Bitcoin kicked off October with a surge, reaching all-time highs above $126,000 in the first week. In the past few days, the price had pulled back to the $121,000 range.

Some analysts point to signs that the bitcoin market has entered what many describe as the “euphoria phase” of the current bull cycle.

If the historical pattern holds, bitcoin’s current euphoria phase may carry it toward the $180,000–$200,000 zone before sentiment shifts. 

Bitcoin has surged more than 30% since the start of the year, buoyed by sustained inflows into U.S.-listed Bitcoin exchange-traded funds, renewed investor confidence in digital assets, and expectations that the Federal Reserve will move toward cutting interest rates. 

Crypto-related stocks, like Circle (CRCL), Robinhood (HOOD), Coinbase (COIN), and MicroStrategy (MSTR), declined 3%-6% at times throughout the day.

Micah Zimmerman

Micah first discovered Bitcoin in 2018 but remained a skeptic on the sidelines for too long. Since 2021, he has covered crypto and business and now works as a junior news reporter for Bitcoin Magazine, based in North Carolina.

HBAR Tumbles 6% Amid Volume Surge as Wider Market CapitulatesTraders exit positions as cryptocurrency breaks key technical levels amid broader market uncertainty.Updated Oct 10, 2025, 4:54 p.m. Published Oct 10, 2025, 4:54 p.m.

Hedera Hashgraph’s HBAR token came under heavy institutional selling pressure over the 24-hour trading period ending October 10, with prices fluctuating within a volatile 6% range between $0.21 and $0.22. Despite early resilience that saw HBAR climb toward intraday highs near $0.22, the digital asset reversed sharply in the final trading hour, as institutional investors initiated broad-based selloffs that erased earlier gains.

Trading data pointed to exceptional activity during this selloff, with volumes surging to 262.49 million—nearly six times higher than the session’s 47.32 million average. Analysts identified the 3:00 PM hour on October 10 as the inflection point, where the heaviest liquidation occurred. The abrupt spike in volume and price pressure suggested coordinated selling by institutional players, possibly as part of broader portfolio rebalancing.

STORY CONTINUES BELOW

Technically, HBAR broke through multiple short-term support levels during this final hour, with price action stabilizing only as trading activity ceased in the closing minutes. The sharp drop and subsequent lull may reflect temporary liquidity constraints or trading desk closures as institutions moved to limit exposure ahead of potential regulatory updates.

HBAR/USD (TradingView)

Technical Analysis for Corporate InvestorsKey resistance levels formed around $0.22-$0.22 where institutional buying interest repeatedly failed to materialize at higher price levels.Corporate support emerged around the $0.21-$0.21 range before being decisively broken during the final hour's institutional selling wave.The most significant institutional liquidation occurred during the 3:30-3:35 PM window, where corporate trading volume spiked to over 12.80 million and 16.90 million respectively.Price action declined from $0.21 to a session low of $0.21, before corporate buyers attempted a modest recovery to $0.21 by 3:44 PM.Institutional trading activity ceased entirely during the final four minutes (3:56-3:59 PM), suggesting corporate trading desk closures or temporary liquidity constraints ahead of regulatory developments.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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Total Crypto Trading Volume Hits Yearly High of $9.72T

Sep 9, 2025

Combined spot and derivatives trading on centralized exchanges surged 7.58% to $9.72 trillion in August, marking the highest monthly volume of 2025

What to know:

Combined spot and derivatives trading on centralized exchanges surged 7.58% to $9.72 trillion in August, marking the highest monthly volume of 2025Gate exchange emerged as major player with 98.9% volume surge to $746 billion, overtaking Bitget to become fourth-largest platformOpen interest across centralized derivatives exchanges rose 4.92% to $187 billionView Full Report

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Trump Tariff Threat on China Sends Bitcoin Tumbling Below $119K

1 hour ago

Cryptos came under pressure as a potential U.S.-China trade war once again on the table.

What to know:

Cryptocurrencies fell sharply in late morning U.S. action on Friday after President Trump floated plans for increasing tariffs on Chinese goods as a response to rare earth metals export controls.Bitcoin plunged back below $119,000, with other major cryptocurrencies like ETH and SOL also tumbling.Crypto-related stocks, including Circle (CRCL), Robinhood (HOOD) and Coinbase (COIN) declined 5%-6%.Read full story

Cardano price holds $0.76 support, hinting at a bullish rally. Strong confluence and the Hydra upgrade spark renewed optimism for ADA’s next upward move.

Summary

Support confluence at $0.70–$0.76 confirmed by Fibonacci, POC, and Bollinger Bands.
HYDRA upgrade boosts network speed and scalability.
Bullish structure intact with potential rally toward $1.44.

After a brief corrective phase, Cardano’s (ADA) price has stabilized at a critical support zone, forming the foundation for a potential reversal. The $0.70–$0.76 area has emerged as a key confluence region supported by Fibonacci retracements, the Point of Control (POC), and Bollinger Band support.

Meanwhile, the recent rollout of Hydra Node 1, Cardano’s long-awaited scaling solution, has added a powerful fundamental catalyst, paving the way for faster and cheaper transactions across the network. With the new roadmap now unveiled, ADA is on breakout watch as bullish momentum begins to build.

Cardano price key technical points

Support Zone: Strong confluence between the 0.618 Fibonacci level, Point of Control, and lower Bollinger Band around $0.70–$0.76.
Market Structure: Higher-low formation remains intact within the ongoing bullish structure.
Resistance Target: Potential upside rotation toward $1.44 resistance if the support holds.

ADAUSDT (1D) Chart, Source: TradingView
Cardano’s recent correction has brought price action back into a high-traffic zone where multiple technical indicators align. The 0.618 Fibonacci retracement, often referred to as the “Golden Pocket,” coincides with the POC, the area where most trading activity has taken place, and the lower edge of the Bollinger Bands. This convergence creates a strong demand zone where buyers have historically stepped in.

The ongoing defense of this support zone suggests that the market is establishing another higher low within its macro uptrend. If this region continues to hold, the probability of a rotation toward higher levels increases significantly. A successful bounce from here would confirm the bullish continuation pattern, potentially setting the stage for ADA to test $1.00 before extending toward the major resistance at $1.44.

Momentum indicators such as RSI and MACD are also showing early signs of reversal from oversold levels, while trading volume remains steady, suggesting that selling pressure may be exhausting. As long as daily candle closes remain above $0.70, the broader market structure stays firmly bullish.

BREAKING NEWS:

CARDANO UNLEASHES HYDRA NODE 1.0 😱😱😱

The long-awaited scaling protocol has officially launched bringing lightning-fast, low-cost transactions to the #Cardano network.

During testing, Hydra reached over 1,000,000 TPS

How many TPS do you think Hydra will hit… pic.twitter.com/SZxkLP6DOv

— Mintern (@MinswapIntern) October 9, 2025

Beyond the technical picture, Cardano has recently deployed Hydra Node 1, a major leap in its long-term scalability roadmap. Hydra introduces lightning-fast and low-cost transaction capabilities, addressing one of the network’s most significant limitations. This upgrade not only enhances Cardano’s efficiency but also strengthens its competitive positioning against other layer-1 blockchains such as Solana and Ethereum.

The combination of robust technical support and a strong fundamental catalyst creates a dual-layered bullish outlook. If market sentiment aligns with this development, ADA could be primed for an extended rally in the sessions ahead.

What to expect in the coming price action
As long as Cardano maintains support above the $0.70–$0.76 range, the technical and fundamental confluence favors a bullish continuation. A confirmed breakout above $0.90 would likely accelerate momentum toward $1.00 and $1.44 in the medium term.

However, a daily close below $0.70 would invalidate the bullish scenario and signal potential range-bound behavior.

According to Coinbase’s internal metrics shared by community figure Moonkie, XRP drew 32,000 searches on the exchange in the past 24 hours, making it the most searched token on the platform.

Bitcoin trailed with 26,000 searches, BNB pulled 22,000, and Ethereum recorded 18,000. The spike in search activity comes amid rising debate about whether retail interest will turn into real buying pressure.

Search Interest Surges
Based on reports, search trends can sometimes foreshadow market moves. Traders and new investors often look up tokens before placing orders.

Some observers tied the rush of queries to hopes for an XRP-focused spot ETF, with a final SEC decision originally expected later this month.

The US government shutdown has been flagged as a factor that could delay the regulator’s timeline. Also, the SEC’s adoption of Generic Listing Standards has blurred strict deadlines, leaving approval windows more flexible than before.

XRP is the most searched asset on Coinbase in the past 24h pic.twitter.com/bRsAnZCCqH

— moonkie 🌙 (@xmoonkie) October 8, 2025

Strong Yearly Gains, Recent Pullback
XRP has enjoyed a remarkable run over the past year. Price climbed from about $0.51 to $2.82, a jump that equals roughly 440% growth.

Reports show XRP outpaced Bitcoin by 162% and beat Ethereum by 188% over that same period, numbers that have captured investor attention. Still, momentum has cooled a bit.

XRP slipped below $3 and is trading at $2.81 now, down 5% across the last week and down 1.05% in the past 24 hours.

XRPUSD now trading at $2.81. Chart: TradingView
Trading Volume Lags
Volume figures underline mixed market signals. Market screens show XRP’s 24-hour volume fell to $4.50 billion. Of that, $180 million — about 3.90% — was recorded on Coinbase.

On the exchange, XRP ranks as the fourth most traded asset, behind Solana, Ethereum, and Bitcoin, which posted $265 million, $578 million, and $716 million respectively.

Coinbase’s reserve of XRP rose to 16 million tokens, marking a 3% increase when compared with the figure reported on October 6, 2025.

Whales Are Selling
Large holders are adding pressure. Based on Whale Flow data using a 30-day moving average, roughly $50 million worth of XRP leaves whale wallets every day.

For this metric, whales are those holding more than 1,000 tokens. CryptoQuant charts have shown sustained net outflows since early 2024, which analysts say could keep the market biased toward selling even if ETF news turns out positive.

Featured image from Getty Images, chart from TradingView

Intel on Thursday announced its new Panther Lake processors slated to debut in laptops next year. CNBC's Kristina Partsinevelos has the details.

The stock market stumbled Friday after President Donald Trump threatened a sweeping increase in tariffs on Chinese imports, sending equity indices and risk sentiment sharply lower.

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"Some very strange things are happening in China! They are becoming very hostile and sending letters to countries throughout the world that they want to impose export controls on every element of production involving rare earths," Trump wrote on Truth Social.

"I was to meet President Xi in two weeks at APEC in South Korea, but now there seems to be no reason to do so."

Trump said he would "financially counter" Beijing's move, adding that for every element China has monopolized, "we have two."

Crucially for markets, the president hinted that a "massive increase of tariffs" on Chinese goods entering the U.S. was among several measures under consideration.

The announcement rattled global markets. By 12:25 p.m. ET, the Nasdaq 100 fell nearly 2% to below 24,600 points, while the Dow Jones Industrial Average slipped about 400 points, or 1%, to below 46,000.

Advanced Micro Devices (NASDAQ:AMD) led tech decliners, dropping 7% after a spectacular week that had put it on track for its best weekly performance since 2016.

Chinese stocks were hit particularly hard, with JD.com Inc. (NASDAQ:JD), Alibaba Group Holding Ltd. (NYSE:BABA), Baidu Inc. (NASDAQ:BIDU) and PDD Holdings Inc. (NASDAQ:PDD) each falling roughly 4% or more.

The iShares China Large-Cap ETF (NYSE:FXI) sank 3.2%.

The U.S. dollar weakened, while gold prices rebounded above $4,000 per ounce as investors sought safety. Bitcoin (CRYPTO: BTC) also came under pressure, falling 1.6% to trade below $120,000.

Friday’s Performance In Major U.S. Indices, ETFsMajor IndicesPriceChg %• Dow Jones45,957.81-0.9%• S&P 5006,650.37-1.3%• Russell 20002,427.07-1.7%• Nasdaq 10024,642.87-1.8%S&P 500’s Top 5 Gainers On FridayNameChg %PepsiCo, Inc. (NASDAQ:PEP)+3.53%Philip Morris International Inc. (NYSE:PM)+2.37%Verisk Analytics, Inc. (NASDAQ:VRSK)+2.30%CVS Health Corporation (NYSE:CVS)+2.08%Erie Indemnity Company (NASDAQ:ERIE)+2.08%S&P 500’s Top 5 Losers On FridayNameChg %The Mosaic Company (NYSE:MOS)-7.57%Block, Inc. (NYSE:XYZ)-6.70%Advanced Micro Devices, Inc. -6.70%Synopsys, Inc. (NASDAQ:SNPS)-5.74%Robinhood Markets, Inc. (NASDAQ:HOOD)-5.47%Read Now:

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LOS ANGELES, Oct. 10, 2025 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Snap, Inc., (“Snap” or the "Company") (NYSE: SNAP) investors off a class action on behalf of investors that bought securities between April 29, 2025 and August 5, 2025, inclusive (the “Class Period”). Snap investors have until October 20, 2025 to file a lead plaintiff motion.

Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 844-767-8529 or email: [email protected], to discuss their legal rights, or join the case via https://portnoylaw.com/snap-inc. The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors’ options for pursuing claims to recover their losses.

CASE ALLEGATIONS: Snap operates as a technology company.

The Snap class action lawsuit alleges that defendants misled investors by creating the false impression that they had reliable information regarding Snap’s expected advertising revenue and growth, while publicly attributing uncertainty to broader macroeconomic conditions. In reality, according to the complaint, Snap’s optimistic statements about advertising growth and earnings potential were unfounded, as they relied too heavily on execution capabilities the company was already failing to meet. At the time defendants blamed external factors, Snap was in fact experiencing the effects of a significant internal execution error.

The Snap class action lawsuit further alleges that on August 5, 2025, defendants reported disappointing second quarter 2025 financial results, revealing that advertising revenue had slowed sharply due in part to Snap “shipping a change that caused some campaigns to clear the auction at substantially reduced prices.” On this news, Snap’s stock price fell more than 17%, according to the complaint.

The Portnoy Law Firm represents investors in pursuing claims caused by corporate wrongdoing. The Firm’s founding partner has recovered over $5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.

Lesley F. Portnoy, Esq.
Admitted CA, NY and TX Bar
[email protected]
310-692-8883
www.portnoylaw.com

Attorney Advertising

New Space Reflects Firm's Commitment to Elevating the Advisor and Client Experience in a Unique, Collaborative Environment

, /PRNewswire/ -- Prudential Advisors, the retail arm of Prudential Financial, Inc. (NYSE: PRU), with more than 3,000 financial advisors and fee-based financial planners, today announced the opening of one of its firms' new offices at 101 Crawfords Corner Road, within the iconic Bell Works campus in Holmdel, New Jersey. The Greater NJ Financial Group's new 6,564-square-foot space will serve as a location for financial advisors to meet with clients, as well as collaborate with field leaders as Prudential Advisors continues to attract top-tier advisor talent.

Prudential Advisors: Bell Works Office

Called the country's only "metroburb," the Bell Works campus offers natural light amid open spaces. A vibrant mix of shops, restaurants and community events create an inspiring environment for connection and growth.

"This new office is yet another example of how Prudential Advisors is growing, continuing to serve the needs of its financial advisors and clients, and is setting a new standard in the industry," said Patrick Hynes, President of Prudential Advisors. "Bell Works gives us the perfect backdrop for building stronger relationships with clients and showcasing our commitment to attracting experienced financial advisors who want a collaborative and energizing place to grow their practice."

Leading the new Holmdel office will be:

Rob Nigro, CFP®, ChFC®, RICP®, Managing Director of The Greater NJ Financial Group
Zoe Nuccio, Senior Business Support Specialist
Kristian Lydon, CFP®, Regional Director
Maddie Brooks, Regional Director
Kyle Possessky, Sales Support Administrator
Kerri Shave, Sales Support Administrator
The Bell Works location was strategically selected to provide financial advisors with a dynamic, modern workspace that fosters collaboration and innovation while offering convenient access for clients throughout Central New Jersey.

Prudential Advisors offers flexibility that lets financial advisors choose the affiliation model best suited for their practice and clients.

ABOUT PRUDENTIAL ADVISORS

Prudential Advisors supports the growth and success of more than 3,000 financial advisors and fee-based financial planners, across the country as they offer more than 3.5 million Americans a full range of financial advice and solutions, backed by local field leaders and associates in our headquarters. The business enables financial advisors to help individuals and families work toward their financial goals through personalized advice and comprehensive solutions. For more information about Prudential Advisors' Greater NJ Financial Group, please visit the firm site at Greater New Jersey Financial Group.

ABOUT PRUDENTIAL

Prudential Financial, Inc. (NYSE: PRU), a global financial services leader and premier active global investment manager with approximately $1.5 trillion in assets under management as of Dec. 31, 2024, has operations in the United States, Asia, Europe, and Latin America. Prudential's diverse and talented employees help make lives better and create financial opportunity for more people by expanding access to investing, insurance, and retirement security. Prudential's iconic Rock symbol has stood for strength, stability, expertise, and innovation for 150 years. For more information, please visit news.prudential.com.

MEDIA CONTACT

Mike Klein

732-742-4032

[email protected]

SOURCE Prudential Advisors

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A shifting rate picture may be inviting investors to revisit their fixed income allocations, but rates alone don’t drive the deep-seated appeal of securitized debt. VettaFi’s recent Fixed Income symposium explored a few opportunity sets for investors in debt offerings, with securitized a standout category that can provide potentially greater returns than staid allocation to corporates, for example.

See more: Diversifying Abroad? Don’t Ignore Emerging Markets Upside

The VettaFi Fixed Income Symposium’s segment “A Focus on Securitized Debt” saw leaders from DoubleLine and Fidelity Investments join VettaFi Head of Research Todd Rosenbluth to talk about the category’s merits right now. DoubleLine Capital portfolio manager Andrew Hsu and Fidelity Investments securitized manager Franco Castagliuolo joined Rosenbluth to discuss.

Securitized Debt Investing in 2025
The duo pointed to the sheer size of the securitized debt market as an important consideration for investors. Nearing some $10 trillion, they noted, investors have plenty of options therein — including countless offerings not correlated with other fixed income selections.

“You have a very diverse landscape of asset classes that you can actually invest in,” Castagliuolo said. “What I find so fascinating about it is it’s debt that literally impacts all of our lives on a regular basis, right from financing your house to the shopping mall that you’re buying your groceries at to the car that is being bought in your family.”

The category’s ability to provide those differently correlated returns is a key draw, he noted. For Castagliuolo, bond portfolio theory emphasizes that point. In his words, that theory says that asset classes that aren’t perfectly correlated with other assets. Investors can “move out farther on the efficient frontier in terms of quality of returns.”

For Hsu, the key driver for the category comes from its reduced credit risk — in some cases, that risk is nonexistent. Government guarantees, he said, make securitized a low risk category that can still perform.

“The one thing I would say is, why should investors be interested in this space?” Hsu said. “It is a very liquid market. It’s very sizable. Trading is constant, even in the most difficult of times. But despite it not having credit risk, there is spread associated with this asset.”

“So a simplistic way to think about it is, for an investor who’s looking for a safe asset, such as treasuries, they should consider agency securitized products, or agency mortgage backed securities, agency CMBS, because it gives you some of those benefits, liquidity, safety, but also has this excess spread associated with it,” he added.

ETF Opportunities in Securitized
How might that relate, then, to the current market situation? While many investors may initially be revisiting their fixed income allocations because of the Fed’s cut, investors may want to think much longer term, Castagliuolo said.

“Most investors are exposed to two to three hundred Fed meetings over their career,” he said. “Don’t try not to become too obsessed about, are they going to go once or twice this year?”

The category, he added, has about two million securities in it. That far outpaces the five to 10 thousand corporate bonds available to investors, he said. That, and the intense focus provided, speak to the merits of active investing in securitized debt, per Castagliuolo.

Fidelity Investments offers its Fidelity Investment Grade Securitized Debt ETF (FSEC) for a 36 basis point fee. The securitized debt ETF actively invests in securitized debt of any maturity in both residential and commercial categories. The fund has returned 7% YTD, beating both its ETF Database Category and FactSet Segment averages.

Looking ahead, securitized debt could provide a strong medium to long term opportunity set. For those looking to diversify their fixed income portfolio outside of corporates and munis, an ETF like FSEC may intrigue.

For more news, information, and strategy, visit the ETF Investing Content Hub.

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October 10, 20253:54 PM UTCUpdated ago

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(NOVOb.CO), opens new tab has cut its cell therapy division, which has been trying to find a cure for type 1 diabetes, Bloomberg News reported on Friday, citing a statement.

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October 10, 2025 11:57 AM EDT | Source: Magma Silver Corp.
Vancouver, British Columbia--(Newsfile Corp. - October 10, 2025) - Magma Silver Corp. (TSXV: MGMA) (OTCQB: MAGMF) (FSE: BC21) (WKN: A411DV) (the "Company" or "Magma") announces the grant of 1,850,000 incentive stock options (the "Stock Options") to certain of its directors, officers, consultants, and employees pursuant to the Company's Stock Option Plan. The options are exercisable for a period of five years at CAD$0.20 per share.

About Magma Silver Corp.

Magma Silver Corp. is a natural resources exploration company focused on acquiring, exploring, developing, and operating precious metal mining projects. Listed on the TSV Venture Exchange ("MGMA"), OTCQB ("MAGMF"), and Frankfurt Exchange ("BC21"), the Company's primary focus is on exploring and developing the advanced Niñobamba silver-gold project in the mining-friendly country of Peru. Niñobamba spans an 8 km mineralized corridor in a prolific geological belt of both a high-sulphidation and low-sulfidation epithermal system. Extensive exploration by Newmont Corporation, AngloGold Ashanti Limited, Bear Creek Mining Corporation and Rio Silver, has demonstrated significant resource potential with over CAD$14.5 million invested to date. Magma Silver is advancing its Niñobamba project using modern geological modelling and a strategic development plan. The property has excellent infrastructure, strong relationships with local communities and a regional technical team with over 50 years of mining experience in Peru.

For more information, please visit our website at www.magmasilver.com.

Reader Advisory

This news release may contain forward-looking information within the meaning of applicable securities laws. All information and statements other than statements of current or historical facts contained in this news release are forward-looking information. Forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed here and elsewhere in Magma Silver Corp.'s periodic filings with Canadian securities regulators. When used in this news release, words such as "will", "could", "plan", "estimate", "expect", "intend", "may", "potential", "should," and similar expressions are forward-looking statements. The information provided in this document is necessarily summarized and may not contain all available material information. Forward-looking statements include those in relation to (i) the accuracy of the Newmont internal assessment and the Company's ability to match future results with the Newmont results. Although the Company believes the expectations reflected in such forward-looking statements are based on reasonable assumptions, it can't make any assurances that its expectations will be achieved. Such assumptions may prove incorrect. Although the Company has attempted to identify important factors that could cause actual results, performance, or achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause results, performance, or achievements not to be as anticipated, estimated, or intended. There can be no assurance that such information will prove to be accurate or that management's expectations or estimates of future developments, circumstances, or results will materialize. As a result of these risks and uncertainties, no assurance can be given that any events anticipated by the forward-looking information in this news release will transpire or occur, or, if any of them do so, what benefits the Company will derive therefrom. Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this news release are made as of the date of this news release, and the Company disclaims any intention or obligation to update or revise such information, except as required by applicable law.

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/269994

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

Disclaimer: I am not an investment advisor or professional. This article is my own personal opinion and is not meant to be a recommendation of the purchase or sale of stock. The investments and strategies discussed within this article are solely my personal opinions and commentary on the subject. This article has been written for research and educational purposes only. Anything written in this article does not take into account the reader’s particular investment objectives, financial situation, needs, or personal circumstances and is not intended to be specific to you. Investors should conduct their own research before investing to see if the companies discussed in this article fit into their portfolio parameters. Just because something may be an enticing investment for myself or someone else, it may not be the correct investment for you.

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.

, /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Cepton, Inc. ("Cepton" or "the Company") (NASDAQ: CPTN) and certain of its officers.

Class Definition

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Cepton securities between July 29, 2024 and January 6, 2025, both dates inclusive (the "Class Period"). Such investors are encouraged to join this case by visiting the firm's site: bgandg.com/CPTN.

Case Details

The Complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, the Complaint alleges that Defendants made false and/or misleading statements and/or failed to disclose that: (1) Cepton had received a credible third-party bid valuing Cepton at more than double the Koito Acquisition; (2) Cepton's Board of Directors failed to meaningfully explore the foregoing offer and failed to disclose its terms when recommending that Cepton's shareholders approve the Koito Acquisition; (3) consequently, Cepton's shareholders were deprived of the opportunity to meaningfully consider whether to accept or reject the Koito Acquisition; and (4) as a result, Defendants' public statements were materially false and misleading at all relevant times.

What's Next?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm's site: bgandg.com/CPTN. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660. If you suffered a loss in Cepton you have until December 8, 2025, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

There is No Cost to You

We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys' fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.

Follow us for updates on LinkedIn, X, Facebook, or Instagram.

Attorney advertising. Prior results do not guarantee similar outcomes.

Contact
Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | [email protected]

SOURCE Bronstein, Gewirtz & Grossman, LLC

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October 10, 2025 12:00 ET

 | Source:

Aedifica

Please find below a press release from Aedifica (a public regulated real estate company under Belgian law, listed on Euronext Brussels and Euronext Amsterdam), regarding a publication relating to a transparency notification.

Attachments

Press release EN

Communiqué de presse FR

Persbericht NL

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July 30, 2025 01:30 ET
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Source: Aedifica

Please find below Aedifica’s 2025 half year financial report. Robust operational performance driving strong results EPRA Earnings* amounted to €123.3 million (+4% compared to 30 June 2024), or...

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July 18, 2025 02:00 ET
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Source: Aedifica

More information is available on Aedifica’s website via the link below and can be accessed subject to the usual restrictions. Press release ENCommuniqué de presse FRPersbericht NL ...

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NEW YORK, Oct. 10, 2025 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Quanex Building Products Corporation (“Quanex” or “the Company”) (NYSE: NX) and certain of its officers.

Class Definition

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Quanex securities between December 12, 2024 and September 5, 2025, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/NX.

Case Details

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

What's Next?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/NX. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 332-239-2660. If you suffered a loss in Quanex you have until November 18, 2025, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

There is No Cost to You

We represent investors in class actions on a contingency fee basis. That means we will ask the court to reimburse us for out-of-pocket expenses and attorneys’ fees, usually a percentage of the total recovery, only if we are successful.

Why Bronstein, Gewirtz & Grossman

Bronstein, Gewirtz & Grossman, LLC is a nationally recognized firm that represents investors in securities fraud class actions and shareholder derivative suits. Our firm has recovered hundreds of millions of dollars for investors nationwide.

Follow us for updates on LinkedIn, X, Facebook, or Instagram.

Attorney advertising. Prior results do not guarantee similar outcomes.

Contact

Bronstein, Gewirtz & Grossman, LLC
Peretz Bronstein or Nathan Miller
332-239-2660 | [email protected]

Key Takeaways U.S. apartment rents fell 0.3% in Q3 2025, marking the first July-September decline since 2009.High supply and slower job growth pushed occupancy down to 95.4%, ending five quarters of gains.AvalonBay, Equity Residential, Essex and UDR are still expected to see modest revenue and FFO growth in Q3.
After two years of robust growth, the U.S. apartment market has finally hit a pause, with rent growth slipping into negative territory in the third quarter of 2025. According to RealPage data, effective asking rents fell 0.3% between July and September, the first rent cut between July and September since 2009. In the year-ending third quarter, rents slipped 0.1%. The slowdown reflects a cooling economy.

This brings our focus on residential REITs like AvalonBay Communities, Inc. (AVB - Free Report) , Equity Residential (EQR - Free Report) , Essex Property Trust, Inc. (ESS - Free Report) and UDR, Inc. (UDR - Free Report) and makes us wonder about their performance in the third quarter. However, prior to that, we need to delve deeper into data from RealPage and check these landlords’ chances of growth despite broader macro uncertainty.

Demand Slows, Supply Catches UpAbout 637,000 market-rate apartments were absorbed in the year-ending third quarter of 2025. While still healthy by long-term standards, it is a clear step down from the record nearly 784,900 units absorbed in the year-ending second quarter of 2025. “Sluggish new lease activity” is the culprit, said RealPage Chief Economist Carl Whitaker, pointing to weaker job growth and more cautious consumer behavior as key factors behind the shift amid an uncertain economic backdrop.

While demand cooled, construction of roughly 474,800 units was completed nationwide over the past year, including 105,500 in the third quarter alone. That’s below last year’s peak but still well above normal supply levels. With so many new units hitting the market, landlords have had to compete harder to fill vacancies. Occupancy slipped to 95.4% in the quarter, down 30 basis points and ending five consecutive quarters of gains.

To attract renters, concessions became more common, with 22% of properties offering discounts averaging 6.2%. Operators are increasingly prioritizing occupancy over pricing power, suggesting rent softness may persist until concessions taper off. Interestingly, resident retention rose year over year, as renters chose to stay put amid economic uncertainty.

Regional Winners and LosersThe rent cuts haven’t hit every region equally. Markets that built aggressively during the boom, especially across the South and West, are seeing the steepest declines. Rents dropped nearly 8% in Denver and Austin and around 5% in Phoenix and San Antonio. Meanwhile, tourism-driven cities such as Las Vegas, Orlando, Nashville and San Diego are softening too, as travelers spend less and local economies cool.

In contrast, markets with lighter construction pipelines, such as the Midwest and Northeast, have held up better. Tech-heavy coastal hubs like San Francisco, New York and San Jose even saw modest rent growth, likely helped by return-to-office policies and limited new deliveries.

A Cooling Market but Not a CrisisDespite the slowdown, the broader picture isn’t alarming. Demand is still running above the decade average, and most tenants are staying put. Retention rates are even rising as people avoid moving during uncertain times. What’s happening now looks more like a normalization after an extraordinary run than a downturn.

How Are Residential REITs Placed Ahead of Q3 Earnings?AvalonBay Communities: AVB has established itself as a leading player in the residential REIT sector, with a strong portfolio of high-quality apartment communities. The company's geographic diversification, focus on both suburban and urban properties and disciplined capital allocation have positioned it favorably.

In an operating update, AvalonBay Communities provided a constructive update, noting that same-store residential revenue growth for July and August 2025 was in line with expectations set when it published its current outlook.

AvalonBay is set to announce its third-quarter 2025 earnings on Oct. 29, after market close. The Zacks Consensus Estimate of $772.14 million for third-quarter revenues suggests a 5.15% year-over-year increase. The Zacks Consensus Estimate for the quarterly core FFO per share of $2.81 implies year-over-year growth of 2.55%.

Equity Residential: EQR boasts a portfolio of high-quality apartment units in some of the key markets of the United States with an affluent tenant base. It has an established presence in Boston, New York, Washington, D.C., Seattle, San Francisco and Southern California, and an expanding presence in Denver, Atlanta, Dallas/Ft. Worth and Austin. The company benefits from limited resident turnover. The high cost of home ownership in its markets and the company’s diversification efforts into suburban markets to capture rising demand are encouraging. A focus on technology to drive margin expansion augurs well.

In September, Equity Residential reaffirmed that its operations remain within guidance. The REIT reported that its same-store revenue growth is on track, and it continues to expect to generate same-store revenue growth of 2.6% to 3.2% and physical occupancy of 96.4% for full-year 2025. Additionally, EQR reaffirmed its blended rate growth forecast of 2.2% to 2.8% for the third quarter. The company noted about wrapping up its peak leasing season with sustained high occupancy levels and solid resident retention.

Equity Residential is scheduled to release its third-quarter 2025 earnings on Oct. 28, after market close. Currently, the Zacks Consensus Estimate for EQR’s quarterly revenues stands at $781.41 million, indicating a 4.42% increase year over year. The Zacks Consensus Estimate for the quarterly normalized FFO per share of $1.02 suggests year-over-year growth of 4.08%.

Essex Property Trust: This residential REIT’s substantial exposure to the West Coast market has offered ample scope to enhance its top line. The West Coast is home to several innovation and technology companies that drive job creation and income growth. This region has higher median household incomes, an increased percentage of renters than owners and favorable demographics. Also, due to the high cost of homeownership, the transition from renter to homeowner is difficult, making renting apartment units a more flexible and viable option.

In its September investor presentation, Essex reported that its superior same-property revenue and core FFO per share growth compared with peers has been largely fueled by continued strength in Northern California. The company also reaffirmed that same-property revenue growth remains in line with full-year expectations, which call for sub-3% growth in the third quarter and an uptick to above 3% in the fourth quarter.

Essex Property Trust is set to announce its third-quarter 2025 earnings results on Oct. 29, after market close. The Zacks Consensus Estimate for quarterly revenues is currently pegged at $475.51 million. This suggests a 5.51% year-over-year rise. The Zacks Consensus Estimate for the quarterly core FFO per share of $3.97 also calls for year-over-year growth of 1.53%.

UDR: This residential REIT stands in a strong position to capitalize on its well-diversified portfolio, which includes a balanced mix of high-quality Class A and B properties across coastal and Sunbelt markets. Steady rental housing demand in these regions, supported by favorable demographic shifts, should work to its advantage. Additionally, the company’s use of technology to streamline operations and boost margins strengthens its long-term growth outlook.

UDR’s September investor presentation highlighted that key operating metrics, across revenue and expense growth, were tracking as expected relative to the midpoints of its improved full-year outlook.

UDR is set to announce its third-quarter 2025 earnings results on Oct. 29, after market close. The Zacks Consensus Estimate for quarterly revenues is currently pegged at $430.13 million. This indicates a 2.37% year-over-year rise. The consensus mark for FFO as adjusted per share of 63 cents calls for a 1.61% change year over year.

Here’s how AVB, EQR, ESS and UDR have performed over the past six months.

Price Performance

Image Source: Zacks Investment Research

Currently, AvalonBay, Equity Residential, Essex Property Trust and UDR carry a Zacks Rank of 3 (Hold) each. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Note: Anything related to earnings presented in this write-up represents funds from operations (FFO) — a widely used metric to gauge the performance of REITs.

Key Takeaways Novo Nordisk will acquire Akero Therapeutics for $4.7B plus a contingent $6 per share payment.The deal gives NVO access to Akero's EFX, a late-stage FGF21 analog for MASH with fibrosis regression data.The acquisition advances NVO's goal to broaden its cardiometabolic portfolio beyond semaglutide therapies.
Novo Nordisk (NVO - Free Report) continues to derive the bulk of its revenue from its blockbuster semaglutide (GLP-1 RA) therapies, Wegovy for obesity and Ozempic for type II diabetes (T2D). Together, the drugs generated DKK 101.41 billion in the first half of 2025, representing about 65% of total sales. However, this heavy dependence has made the company vulnerable to competitive pressures. In July 2025, Novo Nordisk trimmed its full-year sales and profit outlook amid slower-than-expected demand for Wegovy and Ozempic, driven by intensifying competition from arch-rival Eli Lilly’s (LLY - Free Report) tirzepatide-based drugs, Mounjaro (T2D) and Zepbound (obesity), as well as growing use of compounded semaglutide in the United States.

To offset these headwinds, Novo Nordisk is pursuing acquisitions and licensing deals to expand its obesity and cardiometabolic pipeline with differentiated assets.

Novo Nordisk recently announced plans to acquire Akero Therapeutics (AKRO - Free Report) for $4.7 billion, plus a potential $6 per share contingent payment tied to U.S. regulatory approval of Akero Therapeutics’ lead pipeline candidate, efruxifermin (EFX). The deal grants Novo Nordisk access to AKRO’s EFX, which is a late-stage FGF21 analog. It is the only investigational therapy to show significant fibrosis regression in a phase II study in patients with compensated cirrhosis due to metabolic dysfunction-associated steatohepatitis (MASH). EFX is currently being evaluated in a phase III program across pre-cirrhotic and cirrhotic MASH populations, positioning it as a potential first- and best-in-class therapy for this obesity-linked liver disease.

Expected to close around the turn of the year, the acquisition highlights Novo Nordisk’s strategy to expand into adjacent metabolic conditions that closely align with its diabetes and obesity franchises, given that more than 80% of MASH patients are overweight or obese. Following the news, Akero Therapeutics' stock gained 16.3% on Thursday.

In May, Novo Nordisk signed a $2.2 billion deal with Septerna for the development and commercialization of oral small-molecule medicines for treating obesity, diabetes, and other cardiometabolic diseases. In March, NVO signed an exclusive global licensing deal worth up to $2 billion with The United Laboratories for UBT251, a first-in-class GLP-1/GIP/glucagon triple agonist in early-stage development for obesity and T2D, bolstering its next-generation pipeline. Earlier this year, Novo Nordisk also expanded its AI-driven partnership with Valo Health to discover and develop up to 20 new drug programs in obesity, T2D and cardiovascular disease, a deal valued at up to $4.6 billion in milestone payments, further strengthening its innovative pipeline in cardiometabolic therapies.

Overall, Novo Nordisk’s proactive deal-making and R&D expansion in 2025 signal a clear strategic shift toward pipeline diversification and long-term resilience, as the company seeks to mitigate its reliance on semaglutide and secure sustained growth in an increasingly competitive diabetes and obesity landscape.

Competition Heating Up in the Obesity SpaceEli Lilly is Novo Nordisk’s fierce competitor in the diabetes/obesity space. Despite being on the market for less than three years, Mounjaro and Zepbound have become LLY’s key top-line drivers. In the first half of 2025, the drugs generated combined sales of $14.7 billion, accounting for 52% of Eli Lilly’s total revenues. LLY’s Mounjaro and Zepbound follow a dual mechanism of action as a GIP and GLP-1 RA.

Several other companies, like Viking Therapeutics (VKTX - Free Report) , are also making rapid progress in the development of GLP-1-based candidates in their clinical pipeline. Viking Therapeutics’ dual GIPR/GLP-1 RA, VK2735, is being developed both as oral and subcutaneous formulations for the treatment of obesity. In August 2025, VKTX announced mixed top-line results from a mid-stage study evaluating the safety and efficacy of the oral formulation of VK2735, which caused the stock to drop significantly. Phase III obesity studies with the subcutaneous formulation of VK2735 have also been initiated.

NVO Stock’s Price, Valuation & EstimatesYear to date, Novo Nordisk shares have lost 31.7% against the industry’s 7.8% growth. The company has also underperformed the sector and the S&P 500 during the same time frame, as seen in the chart below.

NVO Stock Underperforms the Industry, Sector & the S&P 500Image Source: Zacks Investment Research

Novo Nordisk is trading at a discount to the industry, as seen in the chart below. Going by the price/earnings ratio, the company’s shares currently trade at 14.62 forward earnings, which is lower than 15.88 for the industry. The stock is trading much below its five-year mean of 29.25.

NVO Stock ValuationImage Source: Zacks Investment Research

Earnings estimates for 2025 have deteriorated from $3.89 to $3.68 per share over the past 60 days. During the same time frame, Novo Nordisk’s 2026 earnings per share estimates have declined from $4.24 to $4.04.

NVO Estimate MovementImage Source: Zacks Investment Research

Novo Nordisk currently carries a Zacks Rank #5 (Strong Sell).

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

Velan Inc. (TSX:VLN:CA) Q2 2026 Earnings Call October 10, 2025 8:00 AM EDT

Company Participants

Rishi Sharma - Chief Financial & Administrative Officer
James Mannebach - CEO & Chairman

Conference Call Participants

Alessandro Ciarnelli

Presentation

Operator

Good morning, ladies and gentlemen, and welcome to the Velan Inc. Q2 Financial Results Conference Call. [Operator Instructions] This call is being recorded on Friday, October 10, 2025.

I would now like to turn the conference over to Rishi Sharma, Chief Financial Officer. Please go ahead.

Rishi Sharma
Chief Financial & Administrative Officer

Thank you, operator. Good morning. Thank you for joining us on our conference call. Let's start by discussing the disclaimer from our related Investor Relations presentation, which is available on our website in the Investor Relations section.

As usual, the first paragraph mentions that the presentation provides an analysis of our consolidated results for the second quarter ended August 31, 2025. The Board of Directors approved these results yesterday, October 9, 2025. The second paragraph refers to non-IFRS and supplementary financial measures, which are defined and reconciled at the end of the presentation.

The last paragraph addresses forward-looking information, which is subject to risks and uncertainties that are not guaranteed to occur. Forward-looking statements contained in this presentation are expressly qualified by this cautionary statement. Finally, unless indicated otherwise, all amounts are expressed in U.S. dollars, and all financial metrics discussed are from continuing operations.

I will now turn the call over to Jim Mannebach, Chairman of the Board and CEO of Velan.

James Mannebach
CEO & Chairman

Thank you, Rishi, and good morning, good afternoon, good evening, everyone. Please turn to Slide 4 for a general overview of the second quarter of fiscal 2026. Velan reported adjusted EBITDA of $3.4 million and operating income of $400,000 on sales of $67.6 million during the period. Our performance in the quarter, which fell

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