Market Signal Briefing

, /PRNewswire/ -- Penske Automotive Group, Inc. (NYSE: PAG), a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers today announced it will release financial results for the three and nine months ended September 30, 2025, on the morning of Wednesday, October 29, 2025.  

An investor presentation and earnings press release will be accessible beginning the morning of October 29, 2025, in the Investors section of the Penske Automotive Group website at www.penskeautomotive.com.

A conference call and audio webcast to discuss these results will be held later that day as follows:

WHEN:           

Wednesday, October 29, 2025

TIME:             

2:00 PM Eastern Daylight Time

WEBCAST: 

To access the live webcast of the conference call, please visit

https://events.q4inc.com/attendee/569127626

Note:  Listeners should access the webcast 10-15 minutes before the call begins

PHONE:         

United States, please dial (800) 715-9871 (Conf. ID: 9658297)

International, please dial (646) 307-1963  (Conf. ID: 9658297)

Note:  Callers should dial-in approximately 10-15 minutes before the call begins

REPLAY:     

A webcast replay of the conference call will be available for 7 days beginning at
approximately 5:00 PM on the day of the call.  To access the webcast replay, please visit
https://investors.penskeautomotive.com/events-and-presentations

About Penske Automotive

Penske Automotive Group, Inc., (NYSE: PAG) headquartered in Bloomfield Hills, Michigan, is a diversified international transportation services company and one of the world's premier automotive and commercial truck retailers. PAG operates dealerships in the United States, the United Kingdom, Canada, Germany, Italy, Japan, and Australia and is one of the largest retailers of commercial trucks in North America for Freightliner. PAG also distributes and retails commercial vehicles, diesel and gas engines, power systems, and related parts and services principally in Australia and New Zealand. PAG employs over 28,400 people worldwide. Additionally, PAG owns 28.9% of Penske Transportation Solutions ("PTS"), a business that employs nearly 43,000 people worldwide, manages one of the largest, most comprehensive and modern trucking fleets in North America with over 414,000 trucks, tractors, and trailers under lease, rental, and/or maintenance contracts and provides innovative transportation, supply chain, and technology solutions to its customers. PAG is a member of the S&P Mid Cap 400, Fortune 500, Russell 1000, and Russell 3000 indexes. For additional information, visit the Company's website at www.penskeautomotive.com.

Inquiries should contact:

Shelley Hulgrave

Executive Vice President and

Chief Financial Officer

248-648-2812

[email protected]          

Anthony Pordon
Executive Vice President - Investor Relations        
and Corporate Development
248-648-2540
[email protected]

SOURCE Penske Automotive Group, Inc.

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SAN FRANCISCO, Oct. 10, 2025 (GLOBE NEWSWIRE) -- Serve Robotics Inc. ("Serve" or the "Company") (Nasdaq: SERV), a leading autonomous sidewalk delivery company, announced today that the Company has entered into securities purchase agreements with certain institutional investors for the purchase and sale of 6,250,000 shares of common stock, pursuant to a registered direct offering, expected to result in gross proceeds of approximately $100.0 million, before deducting placement agent fees and other offering expenses. The offering is expected to close on or about October 14, 2025, subject to the satisfaction of customary closing conditions.

The Company intends to use net proceeds from the offering for general corporate purposes, including working capital.

Northland Capital Markets acted as the sole placement agent for the transaction. Oppenheimer & Co. Inc. and Wedbush Securities Inc. are serving as capital markets advisors to the Company.

The offering is being made pursuant to an effective shelf registration statement on Form S-3 (File No. 333-285614), which was declared effective by the Securities and Exchange Commission (the “SEC”) on March 14, 2025. A final prospectus supplement and the accompanying prospectus relating to the registered direct offering will be filed with the SEC and will be available on the SEC's website located at http://www.sec.gov. Additionally, when available, electronic copies of the final prospectus supplement and the accompanying prospectus may be obtained, when available, from Northland Securities, Inc., 150 South Fifth Street, Suite 3300, Minneapolis, MN.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Serve Robotics

Serve Robotics develops advanced, AI-powered, low-emissions sidewalk delivery robots that endeavor to make delivery sustainable and economical. Spun off from Uber in 2021 as an independent company, Serve has completed over 100,000 deliveries for enterprise partners such as Uber Eats and 7-Eleven. Serve has scalable multi-year contracts to deploy up to 2,000 delivery robots across multiple U.S. markets.

For further information about Serve Robotics (Nasdaq: SERV), please visit www.serverobotics.com or follow us on social media via X (Twitter), Instagram, or LinkedIn @serverobotics.

Safe Harbor Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Serve intends such forward-looking statements to be covered by the safe harbor provisions for forward-looking statements contained in Section 21E of the Exchange Act. These forward-looking statements can be about future events, including statements regarding Serve's intentions, objectives, plans, expectations, assumptions and beliefs about future events, including Serve's expectations with respect to the financial and operating performance of its business, its capital position, and future growth. The words "anticipate", "believe", "expect", "project", "predict", "will", "forecast", "estimate", "likely", "intend", "outlook", "should", "could", "may", "target", "plan", “on track” and other similar expressions can generally be used to identify forward-looking statements. Indications of, and guidance or outlook on, future earnings or financial position or performance are also forward-looking statements. Any forward-looking statements in this press release are based on management's current expectations of future events and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in or implied by such forward-looking statements. Risks that contribute to the uncertain nature of the forward-looking statements include those risks and uncertainties set forth in Serve's Annual Report on Form 10-K for the year ended December 31, 2024, filed with the United States Securities and Exchange Commission (the "SEC") and in its subsequent filings filed with the SEC. All forward-looking statements contained in this press release speak only as of the date on which they were made. Serve undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made.

October 10, 2025 7:00 AM EDT | Source: Nickel 28 Capital Corp
Toronto, Ontario--(Newsfile Corp. - October 10, 2025) - Nickel 28 Capital Corp. (TSXV: NKL) (FSE: 3JC0) ("Nickel 28" or the "Company") is pleased to announce the pending receipt of its ninth cash distribution from the Ramu joint venture.

Nickel 28 has received confirmation of a cash distribution for H1 2025 operating performance of approximately US$1.4 million in respect of its 8.56% joint-venture interest in the Ramu Nickel-Cobalt project in Papua New Guinea, which is operated by Metallurgical Corporation of China. Nickel 28 also received confirmation of the repayment of US$2.5 million of Nickel 28's portion of the remaining Ramu joint venture partner construction debt, reducing Nickel 28's attributable balance to approximately US$34.9 million. The timing of receipt of the distributions remains to be confirmed but is anticipated to occur during October 2025.

Nickel 28 Chief Executive Officer, Mr. Craig Lennon commented: "The cash distribution received, and the loan repayment made was impacted by reduced production in the first half of 2025, however with a full six months of uninterrupted production expected in the second half of 2025 we would expect a better result in six months' time, assuming commodity prices remain the same or improve. As we have detailed previously, the first half of 2025 was impacted by the mechanical failure of one of the two blowers in the acid plant at Ramu's HPAL facility that reduced production from mid-November 2024 through to mid-February 2025. As previously mentioned, all three HPAL trains completed their annual maintenance in the first half of 2025."

Mr. Lennon also noted: "Projects within our royalty portfolio are progressing well, with an article published recently on the Dumont Nickel project, indicating positive developments on a power allocation. As well, Giga Metals has announced that it is undertaking a geophysics program at its flagship Turnagain project in northern British Columbia, and Australian Mines announce a targeted ~1,000m drilling program at its Flemington Project in NSW, Australia. While the projects still have some time until they are in production, these activities are all positive developments for Nickel 28's royalty portfolio.

About Nickel 28

Nickel 28 Capital Corp. is a nickel-cobalt producer through its 8.56% joint-venture interest in the producing, long-life and world-class Ramu Nickel-Cobalt Operation located in Papua New Guinea. Ramu provides Nickel 28 with significant attributable nickel and cobalt production thereby offering our shareholders direct exposure to two metals which are critical to the adoption of electric vehicles. In addition, Nickel 28 manages a portfolio of 10 nickel and cobalt royalties on development and exploration projects in Canada, Australia and Papua New Guinea.

Cautionary Note Regarding Forward-Looking Statements

This news release contains certain information which constitutes 'forward-looking statements' and 'forward-looking information' within the meaning of applicable Canadian securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as "may", "should", "anticipate", "expect", "potential", "believe", "intend" or the negative of these terms and similar expressions. Forward-looking statements in this news release include, but are not limited to: statements and figures with respect to the operational and financial results of the Ramu project (including the total amount of the anticipated distribution (and the timing thereof)); statements related to the repayment of the Company's Ramu operating debt (and the timing thereof); statements related to the Company's attributable cash flow (and the receipt and timing thereof); and statements with respect to the business and assets of the Company and its strategy going forward. Readers are cautioned not to place undue reliance on forward-looking statements. Forward-looking statements involve known and unknown risks and uncertainties, most of which are beyond the Company's control. Should one or more of the risks or uncertainties underlying these forward-looking statements materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results, performance or achievements could vary materially from those expressed or implied by the forward-looking statements.

The forward-looking statements contained herein are made as of the date of this release and, other than as required by applicable securities laws, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. The forward-looking statements contained in this release are expressly qualified by this cautionary statement.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No securities regulatory authority has either approved or disapproved of the contents of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/269804

October 10, 2025 07:00 ET

 | Source:

Inspire Medical Systems

MINNEAPOLIS, Oct. 10, 2025 (GLOBE NEWSWIRE) -- Inspire Medical Systems, Inc. (NYSE: INSP) (Inspire), a medical technology company focused on the development and commercialization of innovative, minimally invasive solutions for patients with obstructive sleep apnea (OSA), today published Inspire V clinical outcomes data from its Singapore clinical study as well as the Company’s limited market release in the United States including single site experience at two leading centers. These data will be presented at the American Otolaryngology-Head and Neck Surgery (AAO-HNS) and International Surgical Sleep Society (ISSS) meetings being conducted in Indianapolis between October 9 and October 14.

“We are incredibly excited to publish first-time clinical evidence on the Inspire V system. The design of the Inspire V system captures experience built over 25 years with Inspire therapy including over 100,000 patients implanted, and we are proud to provide the initial data from this advanced platform,” stated Tim Herbert, Chairman and Chief Executive Officer of Inspire Medical Systems. “Our initial experience raises the bar for what a successful therapy needs to achieve for both safety and efficacy. The data show that the Inspire V system provides very high and consistent patient adherence of over six hours per night which a patient’s physician can monitor with our SleepSync™ patient management platform.”

“The data presented at the ISSS/AAO-HNS meetings in Indianapolis this weekend demonstrate the benefits that Inspire therapy brings to the many patients struggling with OSA,” stated Paul Hoff, M.D., M.S., Inspire Vice President, Senior Medical Director. “The strong safety, superior respiratory sensing, and increased adherence, combined with a 20% reduction in surgical times and features designed to enhance patient comfort, demonstrate a truly significant advancement with the Inspire V system.”

The Inspire V system trial conducted in Singapore at two centers was the initial experience with the new device. The study included 44 patients who received the Inspire V system and are being followed for six months post implant. The surgeons demonstrated a 20% reduction in surgical times as compared to their Inspire IV case times and 100% of the procedures were completed successfully. A key feature of the Inspire V system is that the respiratory sensing is internal to the neurostimulator, eliminating the need for the pressure sensing lead required with prior generations. The Inspire design provides for closed-loop stimulation to optimize therapy outcomes, and the primary endpoint of this Inspire V study was to measure the inspiratory phase overlap percentage (IPOP), which measures how well inspiration is covered by stimulation. The results showed the Inspire V device to be superior to the Inspire IV device (Inspire V IPOP of 87.1% vs 79.4% for Inspire IV with a non-inferiority margin of 4.6%). Important secondary measures included patient adherence to therapy of all 44 patients averaged 5.5±1.7 hours/night at a mean of 246 days post-implant, as well as the median reduction in the Apnea Hypopnea Index (AHI), as measured by overnight polysomnography (PSG), to be 34.4 events/hour at baseline to 8.3 events/hour at month six for the 37 patients who have completed this clinical visit to date. The safety profile was equally strong with only two patients requiring post-operative antibiotics for wound care that resolved within two weeks following the procedure. Once the remaining patients complete their six-month visit, these data will be submitted for publication.

In the United States, the Company conducted a limited market release evaluation of the Inspire V system at 10 leading centers with 101 patients. All device procedures were completed successfully with no serious adverse events, and all patients continue to use their Inspire therapy. At the 60-day check, all 101 patients were using their therapy with an average stimulation amplitude of 1.7 volts and an average usage of 6.8 hours/night. At the subsequent sleep study, data on the first 34 patients demonstrated a median reduction in AHI from 30 to 4.5 events/hours, noting that these are therapeutic values. With these 34 patients, the average amplitude remained steady at 1.7 volts and therapy adherence remained consistent at 6.7 hours/night.

The limited market release also provided single-site results from two of the centers. Dr. Phil Huyett from the Massachusetts Eye and Ear Infirmary in Boston reported that for his first nine patients, all procedures were completed successfully with an average surgical implant time of 34.5 minutes for a standard Inspire placement, and slightly longer for revised techniques. Dr. Nic Beckmann at Colorado ENT and Allergy in Colorado Springs reported an increase in implant volume with Inspire V due to the shorter procedure times averaging 12 implants per surgery day compared to an average of 9 cases per surgery day with Inspire IV. Dr. Beckmann also discussed the current reimbursement levels as well as the proposed 2026 Medicare reimbursement for the Inspire V CPT code.

Sessions of Interest

Friday, October 10

7:00 a.m. – 8:00 a.m. ET: Next Generation Hypoglossal Nerve Stimulation for the Treatment of Obstructive Sleep Apnea: Results of the Inspire V Study (Ryan Soose, M.D., Tom Kaffenberger, M.D., Nic Beckmann, D.O., F.A.A.O.A., Phil Huyett, M.D.)
Sunday, October 12

2:30 p.m. – 3:30 p.m. ET: Next Generation Hypoglossal Nerve Stimulation for the Treatment of Obstructive Sleep Apnea: Results of the Inspire V Study (Nic Beckmann, D.O., F.A.A.O.A., Maria Suurna, M.D., Mark Aloia, Ph.D., Michael Coleman)
About Inspire Medical Systems
Inspire is a medical technology company focused on the development and commercialization of innovative, minimally invasive solutions for patients with obstructive sleep apnea. Inspire’s proprietary Inspire therapy is the first and only FDA, EU MDR, and PDMA-approved neurostimulation technology that provides a safe and effective treatment for moderate to severe obstructive sleep apnea.

For additional information about Inspire, please visit www.inspiresleep.com.

About AAO-HNS
The American Academy of Otolaryngology–Head and Neck Surgery (AAO-HNS) is one of the world’s largest organizations representing specialists who treat the ears, nose, throat, and related structures of the head and neck. Otolaryngologist–head and neck surgeons diagnose and treat medical disorders that are among the most common affecting patients of all ages in the United States and around the world. Those medical conditions include chronic ear disease, hearing and balance disorders, hearing loss, sinusitis, snoring and sleep apnea, allergies, swallowing disorders, nosebleeds, hoarseness, dizziness, and tumors of the head and neck as well as aesthetic and reconstructive surgery and intricate micro-surgical procedures of the head and neck. The Academy has approximately 13,000 members.

About ISSS
The International Surgical Sleep Society (ISSS) is dedicated to improving equitable care for all patients with sleep disordered breathing through collaboration, research, education, advocacy and innovation and has over 600 global members.

Forward Looking Statements

This press release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts are forward-looking statements, including, those relating to the strength and potential benefit of the Inspire V system clinical data. Forward-looking statements involve inherent risks and uncertainties, and important factors could cause actual results to differ materially from those anticipated, including the factors identified under “Risk Factors” and "Management's Discussion and Analysis of Financial Condition and Results of Operations“ in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024, as updated in our Quarterly Report on Form 10-Q for the quarter ended June 30, 2025, and as such factors may be updated from time to time in our other filings with the SEC, which are accessible on the SEC’s website at www.sec.gov and the Investors page of our website at www.inspiresleep.com. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update them in light of new information or future events.

Investor and Media Contact
Ezgi Yagci
Vice President, Investor Relations
[email protected]
617-549-2443

October 10, 2025 7:00 AM EDT | Source: Gunnison Copper Corp.
Phoenix, Arizona--(Newsfile Corp. - October 10, 2025) - Gunnison Copper Corp. (TSX: GCU) (OTCQB: GCUMF) (FSE: 3XS0) ("Gunnison" or the "Company") is pleased to announce a non-brokered private placement (the "Offering") for gross proceeds of up to C$15 million from the sale of up to 33,333,333 units of the Company (each, a "Unit") at a price of C$0.45 per Unit. Red Cloud Securities Inc. will be acting as a finder in connection with the Offering.

Each Unit will consist of one common share of the Company (each, a "Common Share") and one-half of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant will entitle the holder thereof to purchase one Common Share at a price of C$0.65 at any time for a period of 36 months following the issue date.

The Company intends to use to use the net proceeds from the Offering for drilling, metallurgical testing and permitting activities that will be incorporated in a pre-feasibility study for the Gunnison Copper Project, funding US head office general and administrative expenses, partial repayment of outstanding debt due to Nebari, and for general working capital purposes.

Subject to compliance with applicable regulatory requirements and in accordance with National Instrument 45-106 - Prospectus Exemptions ("NI 45-106"), up to 24,858,878 Units (the "LIFE Units") will be offered for sale to purchasers in all of the provinces of Canada, except Québec (the "Canadian Selling Jurisdictions") pursuant to the listed issuer financing exemption under Part 5A of NI 45-106, as amended by Coordinated Blanket Order 45-935 - Exemptions from Certain Conditions of the Listed Issuer Financing Exemption (the "Listed Issuer Financing Exemption"). The securities issuable pursuant to the sale of the LIFE Units are expected to be immediately freely tradeable under applicable Canadian securities legislation if sold to purchasers resident in Canada.

The up to 8,474,455 Units not sold pursuant to the Listed Issuer Financing Exemption (the "Non-LIFE Units") will be offered: (a) by way of private placement in the Canadian Selling Jurisdictions pursuant to applicable exemptions from the prospectus requirements under applicable Canadian securities laws; (b) in the United States or to, or for the account or benefit of, U.S. persons, by way of private placement pursuant to the exemptions from the registration requirements provided for under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"); and (c) in jurisdictions outside of Canada and the United States on a private placement or equivalent basis, in each case in accordance with all applicable laws, provided that no prospectus, registration statement or other similar document is required to be filed in such jurisdiction. The securities issuable pursuant to the sale of Non-LIFE Units will be subject to a four-month hold period in Canada pursuant to applicable Canadian securities laws.

The closing of the Offering is expected to occur on or around October 29, 2025 and is subject to receipt of all necessary regulatory approvals including the Toronto Stock Exchange (the "TSX"). Finder's fees will be payable in accordance with the policies of the TSX.

There is an offering document related to the Units being sold pursuant to the Listed Issuer Financing Exemption that can be accessed under the Company's profile at www.sedarplus.ca and on the Company's website at www.gunnisoncopper.com. Prospective Canadian investors purchasing under the Listed Issuer Financing Exemption should read this offering document before making an investment decision.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the U.S. Securities Act or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

ABOUT GUNNISON COPPER

Gunnison Copper Corp. is a multi-asset pure-play copper developer and producer that controls the Cochise Mining District (the district), containing 12 known deposits within an 8 km economic radius, in the Southern Arizona Copper Belt.

Its flagship asset, the Gunnison Copper Project, has a Measured and Indicated Mineral Resource containing over 831.6 million tons with a total copper grade of 0.31% (Measured Mineral Resource of 191.3 million tons at 0.37% and Indicated Mineral Resource of 640.2 million tons at 0.29%), and a preliminary economic assessment ("PEA") yielding robust economics including an NPV8% of $1.3 billion, IRR of 20.9%, and payback period of 4.1 years. It is being developed as a conventional operation with open pit mining, heap leach, and SX/EW refinery to produce finished copper cathode on-site with direct rail link.

The PEA is preliminary in nature and includes Inferred Mineral Resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that the conclusions reached in the PEA will be realized. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability.

In addition, Gunnison's Johnson Camp Asset, which is now in production, is fully funded by Nuton LLC, a Rio Tinto Venture, with a production capacity of up to 25 million lbs of finished copper cathode annually.

Other significant deposits controlled by Gunnison in the district, with potential to be economic satellite feeder deposits for Gunnison Project infrastructure, include Strong and Harris, South Star, and eight other deposits.

For additional information on the Gunnison Project, including the PEA and mineral resource estimate, please refer to the Company's technical report entitled "Gunnison Project NI 43-101 Technical Report Preliminary Economic Assessment" dated effective November 1, 2024 and available on SEDAR+ at www.sedarplus.ca.

Dr. Stephen Twyerould, Fellow of AUSIMM, President and CEO of the Company is a Qualified Person as defined by NI 43-101. Dr. Twyerould has reviewed and is responsible for the technical information contained in this news release.

For more information on Gunnison, please visit our website at www.GunnisonCopper.com.

For further information regarding this press release, please contact:

Gunnison Copper Corp.
Concord Place, Suite 300, 2999 North 44th Street, Phoenix, AZ, 85018

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS:

Certain statements contained in this release constitute forward-looking information within the meaning of applicable Canadian securities laws. Such forward-looking statements relate the completion of the Offering or any tranche thereof; the number of securities to be issued under the Offering and the gross proceeds received; the timing of the closing of the Offering; the payment of any finders fees and the form thereof; the use of net proceeds from the Offering; the intention to deploy the Nuton® technology at the Johnson Camp mine and future production therefrom; the continued funding of the stage 2 work program by Nuton; the details and expected results of the stage two work program; future production and production capacity from the Company's mineral projects; the results of the preliminary economic assessment on the Gunnison Project; and the exploration and development of the Company's mineral projects.

In certain cases, forward-looking information can be identified by the use of words such as "plans", "expects" or "does not expect", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might", "occur" or "be achieved" suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Forward-looking information contained in this news release is based on certain factors and assumptions regarding, among other things, the TSX approves the Offering, the timing of closing the Offering, Nuton will continue to fund the stage 2 work program, the availability of financing to continue as a going concern and implement the Company's operational plans, the estimation of mineral resources, the realization of resource and reserve estimates, copper and other metal prices, the timing and amount of future development expenditures, the estimation of initial and sustaining capital requirements, the estimation of labour and operating costs (including the price of acid), the availability of labour, material and acid supply, receipt of and compliance with necessary regulatory approvals and permits, the estimation of insurance coverage, and assumptions with respect to currency fluctuations, environmental risks, title disputes or claims, and other similar matters. While the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.

Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include risks related to the Company not obtaining adequate financing to continue operations, Nuton failing to continue to fund the stage 2 work program, the breach of debt covenants, risks inherent in the construction and operation of mineral deposits, including risks relating to changes in project parameters as plans continue to be redefined including the possibility that mining operations may not be sustained at the Gunnison Copper Project, risks related to the delay in approval of work plans, variations in mineral resources and reserves, grade or recovery rates, risks relating to the ability to access infrastructure, risks relating to changes in copper and other commodity prices and the worldwide demand for and supply of copper and related products, risks related to increased competition in the market for copper and related products, risks related to current global financial conditions, risks related to current global financial conditions on the Company's business, uncertainties inherent in the estimation of mineral resources, access and supply risks, risks related to the ability to access acid supply on commercially reasonable terms, reliance on key personnel, operational risks inherent in the conduct of mining activities, including the risk of accidents, labour disputes, increases in capital and operating costs and the risk of delays or increased costs that might be encountered during the construction or mining process, regulatory risks including the risk that permits may not be obtained in a timely fashion or at all, financing, capitalization and liquidity risks, risks related to disputes concerning property titles and interests, environmental risks and the additional risks identified in the "Risk Factors" section of the Company's reports and filings with applicable Canadian securities regulators.

Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking information is made as of the date of this news release. Except as required by applicable securities laws, the Company does not undertake any obligation to publicly update or revise any forward-looking information.

NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/269937

, /PRNewswire/ -- Lennar Corporation (NYSE: LEN and LEN.B) ("Lennar"), one of the nation's leading homebuilders, announced today its offer to exchange the approximately 20% it owns of the total outstanding shares of Millrose Properties, Inc. (NYSE: MRP) ("Millrose") for outstanding shares of Lennar Class A common stock (the "Exchange Offer"). In February 2025, Lennar completed the spin-off of Millrose through a distribution of approximately 80% of Millrose's stock to Lennar stockholders.

The Exchange Offer begins immediately and will expire on November 7, 2025, unless extended or terminated. The Exchange Offer enables Lennar stockholders to exchange shares of Lennar Class A common stock for shares of Millrose Class A common stock at a 6% discount, subject to an upper limit of 4.1367 shares of Millrose Class A common stock per share of Lennar Class A common stock tendered and accepted in the Exchange Offer.

Lennar will determine the ratio at which shares of Lennar Class A common stock and shares of Millrose Class A common stock will be exchanged by reference to the arithmetic average of the daily volume-weighted average prices of shares of Lennar Class A common stock and Millrose Class A common stock on the NYSE during the three consecutive trading days ending on and including the second trading day preceding the expiration date of the Exchange Offer, which are expected to be November 3, November 4 and November 5, 2025, if the Exchange Offer is not extended or terminated. The final exchange ratio, reflecting the number of shares of Millrose Class A common stock that tendering stockholders will receive for each share of Lennar Class A common stock accepted in the Exchange Offer, will be announced by press release by 9:00 a.m., New York City time, on the trading day immediately preceding the expiration date of the Exchange Offer (which expiration date, if the Exchange Offer is not extended or terminated, will be November 7, 2025). The final exchange ratio, when announced, and a daily indicative exchange ratio beginning on the third trading day of the Exchange Offer period, will also be available at www.envisionreports.com/lennarexchange.

The Exchange Offer is being registered under the Securities Act of 1933 in a registration statement on Form S-4 (the "Registration Statement") filed by Millrose with the Securities and Exchange Commission ("SEC") today. The terms and conditions of the Exchange Offer are contained in the prospectus included in that Registration Statement (the "Prospectus") and a tender offer statement on Schedule TO filed by Lennar with the SEC today. Copies of the Prospectus, together with documents with which to tender shares, are being sent or made available to all Lennar Class A stockholders.

The Exchange Offer cannot be completed until the Registration Statement becomes effective. The SEC has announced that during the current U.S. federal government shutdown, the SEC will not declare registration statements effective. If the shutdown does not end by the anticipated November 7, 2025 expiration date, Lennar will either have to extend the expiration date or withdraw the Exchange Offer. If the shutdown is still in effect at midnight on October 31, 2025, Lennar will announce by 11:59 pm on October 31, 2025 whether it will (1) extend the Exchange Offer and, if so, the extended expiration date, or (2) terminate the Exchange Offer.

The completion of the Exchange Offer is subject to certain conditions. Lennar can withdraw the Exchange Offer at any time before it accepts tendered shares.

Lennar currently owns 33,298,764 shares of Millrose Class A common stock as of October 7, 2025, representing approximately 20% of the outstanding shares of Millrose Class A common stock. Lennar is offering to exchange up to all of these shares for outstanding shares of Lennar Class A common stock. If the Exchange Offer is consummated but not fully subscribed, Lennar intends to dispose of the shares of Millrose Class A common stock that were not exchanged through a subsequent spin-off, split-off, public offering, private sale or any combination of these potential transactions. If Lennar stockholders tender shares that would entitle them to receive more shares of Millrose Class A common stock than Lennar owns, Lennar will accept only a pro-rata portion of the shares that are tendered by each Lennar stockholder.

The Exchange Offer is voluntary for Lennar Class A stockholders. No action is necessary for Lennar Class A stockholders who choose not to participate. No offer is being made to holders of Lennar Class B common stock, and such holders are not eligible to participate in the Exchange Offer.

Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC are serving as dealer managers for the Exchange Offer. Vestra Advisors, LLC is acting as exclusive financial advisor to Millrose.

About Lennar
Lennar Corporation, founded in 1954, is one of the nation's leading builders of quality homes for all generations. Lennar builds affordable, move-up and active adult homes primarily under the Lennar brand name. Lennar's Financial Services segment provides mortgage financing, title and closing services primarily for buyers of Lennar's homes and, through LMF Commercial, originates mortgage loans secured primarily by commercial real estate properties throughout the United States. Lennar's Multifamily segment is a nationwide developer of high-quality multifamily rental properties. LENX drives Lennar's technology, innovation and strategic investments.

Forward-Looking Statements
This communication contains certain statements about Lennar and Millrose that are forward-looking statements. Forward-looking statements are based on current expectations and assumptions regarding Lennar's and Millrose's respective businesses, the economy and other future conditions. In addition, the forward-looking statements contained in this communication may include statements about the expected effects on Lennar and Millrose of the Exchange Offer, the anticipated timing and benefits of the Exchange Offer, Lennar's and Millrose's anticipated financial results, and other statements that are not historical facts.

Because forward-looking statements relate to the future, by their nature, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and are detailed more fully in Lennar's and Millrose's respective periodic reports filed from time to time with the SEC, the Registration Statement relating to the Exchange Offer and the Prospectus forming a part of it, the Schedule TO and other Exchange Offer documents filed by Lennar or Millrose, as applicable, with the SEC. Additionally, the possibility that the ongoing U.S federal government shutdown will cause the SEC not to be able to declare the Registration Statement effective before the expected expiration of the Exchange Offer may cause the anticipated timing and completion of the Exchange Offer to differ materially from what is described in this press release. Such uncertainties, risks and changes in circumstances could cause actual results to differ materially from those expressed or implied in such forward-looking statements. Forward-looking statements included herein are made as of the date hereof, and neither Lennar nor Millrose undertakes any obligation to update publicly such statements to reflect subsequent events or circumstances, except to the extent required by applicable securities laws. Investors should not put undue reliance on forward-looking statements.

Additional Information and Where to Find It
This communication is for informational purposes only and is not an offer to sell or exchange, a solicitation of an offer to buy or exchange any securities and a recommendation as to whether investors should participate in the Exchange Offer. Millrose has filed with the SEC a Registration Statement on Form S-4 that includes the Prospectus. The Exchange Offer is made solely by the Prospectus. The Prospectus contains important information about the Exchange Offer, Lennar, Millrose and related matters, and Lennar will deliver the Prospectus to holders of Lennar Class A common stock. INVESTORS AND SECURITYHOLDERS ARE URGED TO READ THE PROSPECTUS AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC BEFORE MAKING ANY INVESTMENT DECISION, BECAUSE THEY CONTAIN IMPORTANT INFORMATION. None of Lennar, Millrose or any of their respective directors or officers or the dealer managers appointed with respect to the Exchange Offer makes any recommendation as to whether you should participate in the Exchange Offer.

Lennar has filed with the SEC a Schedule TO, which contains important information about the Exchange Offer.

Holders of Lennar Class A common stock may obtain copies of the Prospectus, the Registration Statement, the Schedule TO and other related documents, and any other information that Lennar and Millrose file electronically with the SEC free of charge at the SEC's website at http://www.sec.gov. Holders of Lennar Class A common stock will also be able to obtain a copy of the Prospectus by clicking on the appropriate link on www.envisionreports.com/lennarexchange.

Lennar has retained Georgeson LLC as the information agent for the Exchange Offer. To obtain copies of the Prospectus and related documents, or for questions about the terms of the Exchange Offer or how to participate, you may contact the information agent at +1 (888) 624-7035 (toll-free for stockholders, banks and brokers) or +1 (218) 209-2908 (all others outside the United States and Canada).

Contact:
Ian Frazer
Investor Relations
Lennar Corporation
(305) 485-4129

SOURCE Lennar Corporation

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Global fintech and capital-markets veteran to drive Zeta Network's institutional expansion and digital-asset treasury strategy

, /PRNewswire/ -- Zeta Network (Nasdaq: ZNB), today announced the appointment of Patrick Ngan as Chief Investment Officer (CIO), effective on October 8, 2025. In this role, Mr. Ngan will oversee Zeta Network's global investment and institutional digital-asset treasury strategy, with a mandate to enhance compliance, institutional governance, risk management, and transparency consistent with U.S. public-company standards.

Mr. Ngan is a seasoned executive with more than two decades of cross-border experience in investment banking, corporate finance, fintech, and blockchain infrastructure. Earlier in his career, he held senior positions in equity capital markets at UBS, ABN AMRO, and Huatai International, advising on IPOs, capital-markets transactions and M&A financings across Asia and the United States.

As an entrepreneur, Mr. Ngan co-founded Nova Vision Acquisition Corp (Nasdaq: NOVVU) and successfully led its IPO on Nasdaq, culminating in a landmark business combination in 2024. He also co-founded and served as CEO of Alchemy Pay, a cryptocurrency payment platform bridging fiat and digital payments globally, and co-founded QFPay International, a leading digital-payment solutions provider with operations across Asia and the Middle East. Mr. Ngan holds an Executive Management diploma from the Graduate School of Business, Stanford University, an MSc. in Accounting and Finance from the University of Southampton, UK, and a BA (Hons.) in Accounting and Finance from the University of Plymouth, UK.

"Patrick brings the ideal combination of capital-markets discipline, fintech innovation, and global execution experience to Zeta Network," said Samantha Huang, Chief Executive Officer of Zeta Network. "His appointment is expected to strengthen our treasury framework, accelerate our institutional growth and reinforce our commitment to transparency, governance, and long-term value creation."

"Our goal is to build a resilient, transparent, and institutionally credible digital-asset treasury," said Patrick Ngan, Chief Investment Officer of Zeta Network. "We will apply rigorous governance, conservative risk frameworks, and robust disclosure practices to uphold the trust and confidence of investors, regulators and partners."

As Chief Investment Officer, Mr. Ngan will lead key initiatives including:

Governance & Compliance — establishing board-approved investment policies, valuation frameworks, and disclosure standards aligned with U.S. regulatory public-company requirements;
Institutional Partnerships — expanding relationships with asset managers, custodians, and execution venues to enhance transparency, liquidity and scalability;
Strategic Capital Formation — driving cross-border financing, M&A, and capital-markets initiatives to support Zeta Network's long-term growth and integration strategy.

Forward-Looking Statements

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company's goals and strategies; the Company's future business development; risks associated with managing and investing in digital assets; changes in technology; economic conditions; reputation and brand; the impact of competition and pricing; government regulations; the ability of Zeta Network Group to meet NASDAQ listing standards in connection with the consummation of the transaction contemplated therein; and other risks and uncertainties described herein, as well as those risks and uncertainties discussed from time to time in other reports and other public filings with the Securities and Exchange Commission by Zeta Network Group. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward–looking statements to reflect events or circumstances that arise after the date hereof unless required by applicable laws, regulations or rules.

SOURCE Zeta Network Group

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Nutriband initiates commercial worldwide brand name development for its lead product, an abuse deterrent transdermal system.

Nutriband has partnered with Brand Institute, Inc, the global leader in pharmaceutical and healthcare-related brand name and identity development.

ORLANDO, Fla., Oct. 10, 2025 (GLOBE NEWSWIRE) -- Nutriband Inc. (NASDAQ:NTRB)(NASDAQ:NTRBW), a company engaged in the development of prescription transdermal pharmaceutical products, today announced that through its 4P Therapeutics subsidiary, it has signed an agreement with Brand Institute, Inc, the global leader in pharmaceutical and healthcare-related brand name and identity development services to develop the worldwide commercial brand name and visual identity for its lead product, an abuse deterrent fentanyl transdermal system. This product utilizes Nutriband’s AVERSA™ abuse deterrent transdermal technology and has the development name AVERSA™ FENTANYL.

AVERSA™ FENTANYL has the potential to be the world’s first abuse-deterrent opioid patch designed to deter abuse and misuse and reduce the risk of accidental exposure of opioids such as fentanyl.

Developing a proprietary brand name for a prescription drug product is a critical element in drug product development because the end users (doctors, pharmacists, patients) must be able to easily distinguish a proprietary name from other drug names that are phonetically similar (sound-alike names) or similar in their spelling or appearance (look-alike names). In addition, if the drug name is otherwise confusing or misleading, the patient might receive the wrong product and the subsequent medication error could lead to significant harm to the patient.

Brand Institute has been leading the market for over 20 years with a 75% share of drug name approvals globally, including 87% of FDA approved names in 2024. BI has been responsible for many of the opioid chronic pain product brand names approved by FDA, and a majority of the abuse deterrent opioid product brand names approved in the United States.

Drug Safety Institute (DSI), a wholly owned regulatory subsidiary of Brand Institute, will provide regulatory services, solutions and support on the project. DSI is led by former officials from US Food & Drug Administration (FDA), European Medicines Agency (EMA), Health Canada (HC), United States Adopted Name Council (USAN), and World Health Organization (WHO) who co-authored the naming guidance documents while with their former respective agencies.

Nutriband’s AVERSA™ abuse-deterrent technology is utilized to incorporate aversive agents into transdermal patches to prevent the abuse, diversion, misuse, and accidental exposure of drugs with abuse potential including opioids and stimulants. The AVERSA™ abuse deterrent technology is protected by a broad international intellectual property portfolio with patents issued in 46 countries including the United States, Europe, Japan, Korea, Russia, China, Canada, Mexico, and Australia.

About AVERSA™ Abuse-Deterrent Transdermal Technology

Nutriband's AVERSA™ abuse-deterrent transdermal technology incorporates aversive agents into transdermal patches to prevent the abuse, diversion, misuse, and accidental exposure of drugs with abuse potential. The AVERSA™ abuse-deterrent technology has the potential to improve the safety profile of transdermal drugs susceptible to abuse, such as fentanyl, while making sure that these drugs remain accessible to those patients who really need them. The technology is covered by a broad intellectual property portfolio with patents granted in the United States, Europe, Japan, Korea, Russia, China, Canada, Mexico, and Australia.

About Nutriband, Inc.

We are primarily engaged in the development of a portfolio of transdermal pharmaceutical products. Our lead product under development is an abuse-deterrent fentanyl patch incorporating our AVERSA™ abuse-deterrent technology. AVERSA™ technology can be incorporated into any transdermal patch to prevent the abuse, misuse, diversion, and accidental exposure of drugs with abuse potential.

The Company's website is www.nutriband.com. Any material contained in or derived from the Company's websites or any other website is not part of this press release.

About Brand Institute, Inc., and wholly owned regulatory subsidiary, Drug Safety Institute

Brand Institute is the global leader in pharmaceutical and healthcare-related name development, with a portfolio of over 5,000 marketed healthcare brand names and 1,800 USAN/INN nonproprietary names for nearly 1,600 clients. The company partners on over 75% of pharmaceutical brand and nonproprietary name approvals globally every year with healthcare manufacturers. Drug Safety Institute is composed of former naming regulatory officials from global government health agencies, including Food and Drug Administration (FDA), European Medicines Agency (EMA), Health Canada (HC), American Medical Association (AMA), and the World Health Organization (WHO). These regulatory experts co-authored the name review guidelines while with their former respective agencies, with many responsible for ultimately approving (or rejecting) brand name applications to ensure safety and prevent medication errors. To learn more about Brand Institute's capabilities and experience, please visit www.brandinstitute.com and contact your local Brand Institute representative.

Forward-Looking Statements

Certain statements contained in this press release, including, without limitation, statements containing the words ‘'believes," "anticipates," "expects" and words of similar import, constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements involve both known and unknown risks and uncertainties. The Company's actual results may differ materially from those anticipated in its forward-looking statements as a result of a number of factors, including those including the Company's ability to develop its proposed abuse-deterrent fentanyl transdermal system and other proposed products, its ability to obtain patent protection for its abuse technology, its ability to obtain the necessary financing to develop products and conduct the necessary clinical testing, its ability to obtain Federal Food and Drug Administration approval to market any product it may develop in the United States and to obtain any other regulatory approval necessary to market any product in other countries, including countries in Europe, its ability to market any product it may develop, its ability to create, sustain, manage or forecast its growth; its ability to attract and retain key personnel; changes in the Company's business strategy or development plans; competition; business disruptions; adverse publicity and international, national and local general economic and market conditions and risks generally associated with an undercapitalized developing company, as well as the risks contained under "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in the Company's Form S-1, Forms 10-K’s and Forms 10-Q’s, and the Company's other filings with the Securities and Exchange Commission. Except as required by applicable law, we undertake no obligation to revise or update any forward-looking statements to reflect any event or circumstance that may arise after the date hereof.

Contact Information:

Nutriband Inc.
Phone: 407-377-6695
Email: [email protected]

SOURCE: Nutriband Inc.

TORONTO, ON / ACCESS Newswire / October 10, 2025 / McFarlane Lake Mining Limited (CSE:MLM)(OTCQB:MLMLF) ("McFarlane Lake" or the "Company"), a Canadian gold exploration and development company, is pleased to announce that it closed the final tranche (the "Final Tranche") of its previously announced non-brokered private placement offering of units (the "Units") at a price of $0.15 per Unit and flow-through shares (the "FT Shares") of the Company at a price of $0.15 per FT Share (the "Offering"). The Company closed the first tranche of the Offering on September 26, 2025.

The year 2025 can easily be remembered for a gold rally. Gold bullion ETF SPDR Gold Trust (GLD - Free Report) is up 51.7% so far this year (as of Oct. 8, 2025). Over the past month, the ETF has surged more than 11%. In comparison, the S&P 500 is up 15% this year and 3.7% in the past month.

In an environment marked with global instability, geopolitical tensions and the strong likelihood of Fed rate cuts, investors are flocking to gold as a reliable safe-haven asset. The current U.S. government shutdown has sparked demand for this safe-haven metal even more.

Dalio Recommends 15% Gold AllocationBridgewater Associates founder Ray Dalio advised investors to allocate up to 15% of their portfolios to gold, even as the precious metal surged past $4,000 an ounce, as quoted on CNBC. Dalio stressed on gold’s unique role as a hedge against monetary debasement and geopolitical uncertainty.

“Gold is a very excellent diversifier in the portfolio,” Dalio said Tuesday at the Greenwich Economic Forum in Connecticut. “If you look at it from a strategic asset allocation perspective, you would probably have something like 15% of your portfolio in gold… because it is one asset that does very well when the typical parts of the portfolio go down.”

Meanwhile, DoubleLine Capital CEO Jeffrey Gundlach has also advocated a high gold allocation — up to 25% of a portfolio — referring to inflationary pressures and a weaker dollar as reasons to favor the metal, as quoted on the same CNBC article.

Is History of 1970s Back?Dalio compared today’s market environment to the early 1970s, a period of high inflation, heavy government spending, and growing debt, which hurt confidence in paper assets and fiat currencies.

While Fed rate cuts could cut the value of the greenback now, the strong supply of debt also makes debt instruments unappealing.

Central Banks’ DemandA key driver has been surging central bank demand, especially from BRICS nations and emerging economies that are actively working to diversify away from the U.S. dollar. This global de-dollarization trend has resulted in record levels of sovereign gold purchases.

Central banks added a net 19t to global gold reserves in August, as quoted on the World Gold Council.China’s central bank pushed its buying streak to an 11th consecutive month in September. Per a report from Reuters, investment bank Goldman Sachs boosted its gold price forecast for December 2026 to US$4,900 per ounce from US$4,300 on Monday, due to inflows from Western exchange-traded funds and the likelihood of further central bank purchases, as quoted on the South China Morning Post.

Gold to Hit $10,000 by 2030?Gold could reach $10,000 an ounce by 2030, per market expert Ed Yardeni, as quoted on Business Insider. That price target implies the precious metal rising about 151% in the next five years. President Trump's tariffs, his attempts to pressure the Fed to lower interest rates, and China's real estate woes are expected to push gold higher, per Yardeni.

Bitcoin’s recent price decline has drawn major attention after a veteran crypto trader—often called an “OG” in the Bitcoin community—placed a massive leveraged short worth $438 million on the decentralized exchange Hyperliquid. The position involved 3,600 BTC and was executed overnight as Bitcoin’s price briefly fell below $120,000, according to on-chain data from blockchain analyst LookOnChain.

The liquidation point for the trade sits at $139,900, meaning the position would face forced closure if Bitcoin’s price rebounds to that level. The term “OG” refers to early adopters of Bitcoin who have typically held large amounts of BTC since its inception, giving this move additional weight in the market.

This same whale reportedly sold 3,000 BTC on the spot market earlier in the week and offloaded nearly 36,000 BTC a month ago to diversify into Ethereum (ETH), signaling a possible strategic reallocation of holdings.

At the time of writing, Bitcoin was trading around $121,700—recovering slightly from its overnight low. Despite the whale’s short position, overall market sentiment remains positive. Data from crypto analytics firm Velo shows annualized funding rates for BTC perpetuals hovering near 5%, suggesting traders still maintain a bullish outlook.

The move has stirred debate among analysts. Some interpret the short as a hedge by a long-term holder seeking to protect profits, while others see it as a potential signal of incoming volatility. Nevertheless, Bitcoin continues to display resilience amid heavy whale activity and ongoing institutional interest.

With growing speculation and leveraged bets shaping market sentiment, traders and investors are keeping a close eye on Bitcoin’s next move as it consolidates near the $120,000 mark.

<Copyright ⓒ TokenPost, unauthorized reproduction and redistribution prohibited>

The cryptocurrency market is buzzing with optimism as Canary Capital, a prominent asset manager, recently amended its S-1 filings for proposed Litecoin (LTC) and Hedera (HBAR) spot exchange-traded funds (ETFs). This final round of amendments signals the approach of SEC review, and market participants are increasingly anticipating approval.

Crypto markets got hammered Thursday night as the never-ending US government shutdown spooked investors away from anything risky.

AI and high-performance computing demand fuel fresh gains, with miners eyeing a potential $100 billion market cap by year-end 10 de out. de 2025, 9:24 a.m.

Traduzido por IABitcoin BTC$121,828.67 miners are extending gains in pre-market trading as the artificial intelligence and high-performance computing (AI/HPC) boom accelerates, particularly benefiting those pivoting their operations toward AI infrastructure.

IREN (IREN) is up 4% at $66 after a 6% rise on Thursday, now up more than 520% year-to-date. TerraWulf (WULF) is 5% higher pre-market after a 10% surge on Thursday, bringing its YTD gain to 150%. Other notable movers include Cipher Mining (CIFR) CleanSpark (CLSK) and Bitfarms (BITF), which all trade 2%-4% higher in pre-market.

STORY CONTINUES BELOW

The total market capitalization of the miners is nearing $90 billion, according to Farside data, and on this current trend could surpass $100 billion by year-end if current momentum continues.

The sector is also benefiting from broader trends, with Bloomberg reporting that Microsoft’s (MSFT) data center shortages will persist into 2026 due to soaring cloud and AI demand.

Despite adding as much as two gigawatts of new capacity, Microsoft is still struggling to scale infrastructure quickly enough to meet demand. As the growing demand for high-performance infrastructure continues, this is boosting optimism around bitcoin miners expanding into AI and data centers.

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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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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Bitcoin is not the only cryptocurrency that's surging right now.

Bitcoin (BTC -0.36%) set another all-time high on Monday, Oct. 6, breaking the $125,000 barrier and leading to a surge in cryptocurrency prices. The cryptocurrency market cap -- the total value represented by cryptocurrencies -- also topped a record $4.38 trillion, up more than 12% in 30 days.

There was already a lot of optimism in crypto markets about what's been dubbed "Uptober," a month that's often ended up in the green. Then came the federal government shutdown, which fueled gains in assets such as crypto, gold, and silver as investors sought alternatives and ways to hedge against uncertainty. In contrast, the U.S. dollar index (DXY) is down about 9% year to date.

Image source: Getty Images.

As I write this (Oct. 7), every single non-stablecoin cryptocurrency in the top 20 by market cap has risen during the past seven days. Here are three to keep on your radar.

1. Ethereum
Ethereum (ETH -0.34%) has surged more than 9% in the past week, though it fell short of setting a new all-time high. Ethereum -- the first ever smart-contract crypto -- continues to dominate decentralized finance (DeFi) and stablecoins. More than half the total $300 billion of stablecoins was issued on Ethereum.

On Oct. 6, Grayscale announced a U.S. first: Two of its spot Ethereum exchange-traded products would enable staking. Staking is a way that investors can generate yield by tying up their assets and contributing to network security. Investors can now earn returns on staked Ethereum through the Grayscale Ethereum Trust (ETHE -4.20%) and Grayscale Ethereum Mini Trust ETF (ETH -4.21%).

2. BNB
More than riding on Bitcoin's coattails, BNB (BNB -1.71%) is making its own waves this month. The multi-faceted token is up about 30% in the past week, having just set its own high of more than $1,300. BNB is being driven higher by multiple tailwinds, including growth in decentralized finance and institutional adoption.

Originally called Binance Coin, BNB has evolved far beyond its original use as a token for the Binance crypto exchange. BNB is the native coin for the BNB Smart Chain, a popular smart-contract ecosystem that accounts for 6% of the total value locked (TVL) across all DeFi protocols. Its TVL is up 24% during the past month, according to DefiLlama.

BNB is surging on the back of several pieces of news, including that it was the first purchase made by Kazakhstan's government-backed Alem Crypto Fund. The fund -- created in strategic partnership with Binance Kazakhstan -- aims to create a financial reserve by investing in digital assets.

It's worth noting that in 2023, Binance founder Changpeng Zhao pleaded guilty to violating money laundering laws. He served four months in prison and the new chief executive officer, Richard Teng, has since faced the task of giving Binance a more regulatory-friendly face. Even so, in 2024, Forbes estimated that Zhao owned more than 60% of the BNB in circulation.

3. Solana
Although Solana (SOL -0.59%) has benefited from surging crypto prices this year, it has lagged a little as institutional funds favored Bitcoin and Ethereum. That may change if (or when) various spot Solana ETFs get the green light. Unfortunately, the government shutdown could delay that process. It isn't clear if the Securities and Exchange Commission will approve any crypto ETFs while operating a skeleton crew.

Nonetheless, Solana is up 9% during the past week. It seems to be taking a growing share of the real-world asset tokenization market, which allows ownership of anything from real estate to equities and art to be recorded on the blockchain. This could prove transformative for cryptocurrencies.

According to RWA.xyz, Solana is in seventh place in terms of the value of tokenized assets on its chain. However, with an increase of almost 40% in the past month, it's also growing faster than any of the top-10 networks. If Solana, with its reputation for speedy transactions and low fees, can show financial institutions it is also secure, its chain may have another day in the sun.

Look beyond the wave
Faced with economic uncertainty, government shutdowns, and a falling dollar, it's understandable for investors to look for alternatives. And as cryptocurrencies become more mainstream with an influx of institutional and corporate capital alongside real-world use cases, they become more viable.

However, these are still high-risk investments. It's only a few years since the industry's last dramatic crash that saw the collapse of popular exchanges and platforms. And transparency and reporting in crypto markets is a long way from publicly listed stocks.

There are lots of good reasons to add cryptocurrency to your portfolio, particularly if you manage the risk by ensuring it only makes up a small percentage of your overall investments. When prices are surging as they are now, one way to avoid making emotional financial decisions is to be clear on your long-term investment thesis before you hit the buy button.

Emma Newbery has positions in BNB, Ethereum, and Solana. The Motley Fool has positions in and recommends Bitcoin, Ethereum, and Solana. The Motley Fool has a disclosure policy.

Ethereum is hovering around the $4.3K range. The ETH market has seen liquidations totalling $152.91M.

Key NotesFollowing a healthy pullback, SOL price is showing signs of a bullish pattern, eyeing a strong breakout past $240.Grayscale’s proposed Solana ETF (GSOL) awaits SEC approval and will come with a 0.35% management fee.JPMorgan estimates the ETF could attract $1.5 billion in first-year inflows, reflecting growing institutional interest in Solana.
SOL

SOL
$220.3

24h volatility:
0.5%

Market cap:
$120.24 B

Vol. 24h:
$7.05 B

, the native cryptocurrency of Solana, is once again under the grip of broader market volatility. SOL price is now testing a crucial support at $220, and faces a make-or-break situation. On the other hand, optimism around the Solana ETF is growing as digital asset manager Grayscale files for an S-1 amendment for its Grayscale Solana Trust (GSOL).

SOL Price Tests a Crucial Support, Will a Rebound Follow?
Over the past month, SOL price has seen strong volatility and has oscillated in the range of $190 and $250. With almost nil returns over the past month, Solana is once again trading at a crucial support level at $220.

Crypto analyst Ali Martinez said that the $217 level will be a key pivot point for Solana. This will determine whether the cryptocurrency rebounds higher or faces a potential breakdown. Martinez noted that price action around this zone will likely set the tone for Solana’s next major move.

$217 will decide whether Solana $SOL rebounds or breaks down! pic.twitter.com/woo51tGpYy

— Ali (@ali_charts) October 10, 2025

Crypto analyst BitGuru noted that SOL price is showing a bullish pattern formation following a healthy pullback, signaling potential upside momentum. The analyst highlighted that SOL is holding firm around the $220 level, adding that a breakout above the $240 resistance zone could open the door for a move toward $253. However, as per the image below, if SOL slips under $200, the next stop could be at $190.

$SOL showing a change of pattern as it forms a bullish structure after a healthy pullback.

Price is holding strong around $226, and if it breaks above the $240 resistance zone, we could see a move toward $253 next. Momentum is building. pic.twitter.com/hMp1RZgjb4

— BitGuru 🔶 (@bitgu_ru) October 9, 2025

Grayscale Solana ETF Awaits Approval
The US Securities and Exchange Commission will take a final call on the Grayscale Solana ETF (GSOL) expected on Oct. 10. The crypto asset manager has disclosed plans to charge a 0.35% management fee for the proposed fund, according the SEC filing.

Grayscale is awaiting SEC approval to list GSOL on NYSE Arca, though the process has been delayed amid the ongoing US government shutdown. Earlier this week, Grayscale also partnered with Figment for institutional staking for Solana.

Banking giant JPMorgan estimates that Solana exchange-traded funds (ETFs) could attract approximately $1.5 billion in inflows within their first year of trading. Matt Hougan, Chief Investment Officer at Bitwise, said traditional finance (TradFi) investors are becoming increasingly bullish not only on Bitcoin but also on Solana.

Hougan added that Solana ETFs are expected to launch within the next few weeks, with expectations of strong investor demand and inflows once trading begins.

Pepenode (PEPENODE) Gains Traction for Meme Coin Mining
Pepenode (PEPENODE) is making waves in the crypto space, offering users a platform to engage in virtual mining of memecoins. Pepenode’s gamified mining system allows participants to rig, earn rewards, and burn supply, positioning the project as one of the best crypto presales of 2025.

The project has seen a sharp increase in funding, growing from $544,648.31 a month ago to $1,781,485.88 raised to date. The current token price stands at $0.0010962.

Presale Stats:

Current price: $0.0010962.
Amount raised: $1.78 million.
Ticker: PEPENODE.

Pepenode promises up to 3,022% in staking rewards, making it highly attractive for early participants. Purchases can be made using credit or debit cards as well as cryptocurrencies, broadening accessibility for a diverse range of investors. Want to learn more? Read our article about how to buy PEPENODE.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

Solana (SOL) News, Market News

Bhushan is a FinTech enthusiast and holds a good flair in understanding financial markets. His interest in economics and finance draw his attention towards the new emerging Blockchain Technology and Cryptocurrency markets. He is continuously in a learning process and keeps himself motivated by sharing his acquired knowledge. In free time he reads thriller fictions novels and sometimes explore his culinary skills.

Bhushan Akolkar on X

The Bombay High Court has upheld CoinSwitch's right to recover stolen digital assets following the infamous WazirX hack that rocked the Indian crypto market in 2024. The decision strengthens exchange accountability and sets a key precedent for investor protection in the country's rapidly evolving crypto ecosystem.

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The Cardano price has drawn renewed attention as recent technical patterns and network updates converge to signal a potential turning point. The ADA price has displayed steady compression within a narrowing structure, suggesting that a decisive move could soon emerge. Meanwhile, the release of Hydra 1.0 has amplified bullish sentiment around Cardano’s long-term growth narrative.

Cardano Price Action: Can ADA Break the Symmetrical Triangle for a 165% Rally?
The Cardano price has been consolidating within a symmetrical triangle pattern for nearly a year, reflecting a balance between sell pressure and buyer resilience. 

The structure shows that ADA has consistently formed higher lows since November 2024, with each rebound tightening the price range toward a potential breakout. The current Cardano market price trades at $0.81, sitting just above the $0.75 support zone that could serve as a launch point if buying interest intensifies.

Meanwhile, the upper resistance level at $0.96 remains the first critical barrier for bulls to overcome. A clear weekly close above it could open the path toward $1.30 and possibly $2.00, as projected by the triangle’s measured move. 

The DMI indicator highlights growing bullish control, with the +DI line trending higher at 23 than –DI at 14, reflecting increasing strength from buyers. 

However, mild sell pressure persists near the upper range, hinting that consolidation may continue before a clean breakout occurs. Overall, if ADA sustains higher lows, the long-term Cardano price prediction leans toward a bullish continuation.

ADA/USDT 1-Week Chart (Source: TradingView)
Hydra 1.0 Ignites Cardano’s Scalability Race—A New Chapter for ADA
Hydra 1.0’s release marks a defining moment for Cardano, introducing lightning-fast and low-cost transactions that could elevate its blockchain capabilities. 

During testing, Hydra achieved over one million transactions per second, setting a new performance benchmark for the network. This upgrade enhances Cardano’s scalability and positions it among the most efficient Layer-1 platforms in the market.

Notably, the rollout has triggered renewed excitement within the Cardano community, reflecting confidence in ADA’s long-term prospects. 

In addition, REX Shares and Osprey Funds recently filed for 21 crypto ETFs—including one tied to Cardano —signaling institutional confidence in its ecosystem. Developers have also confirmed plans to expand Hydra’s features, ensuring smoother integration across decentralized applications.

Therefore, with improved scalability, regulatory interest, and a strengthening technical outlook, Hydra 1.0 could act as a key catalyst propelling the Cardano price higher as network adoption accelerates.

Summary
Cardano’s technical chart and Hydra 1.0 fundamentals point toward an encouraging convergence of signals for the coming months. A sustained close above $0.96 could confirm bullish control, while support at $0.75 remains the key defense zone. If both levels hold in favor of buyers, ADA may target the $2 mark in the mid-term. Backed by a robust upgrade and improving on-chain utility, the Cardano price appears well-positioned for a strong recovery phase.

Published
23 seconds ago on
October 10, 2025

After making its new all-time high on Monday the Bitcoin price has continued to retrace back to lower levels, albeit slowly. Already having dipped just below $120,000, could this have been the bottom? The next horizontal support is at $118,000, but will the price get there?

Break of trend is awaited

Source: TradingView

After making that all-time high at the beginning of the week, the $BTC price has kept the market salivating at the thought of a return to it, and a surge up to the next price level. In that vein of thought, this current retracement does look like a pause before the bulls are let loose again.

In the 4-hour chart above, it can be seen that the price has been following a downward trend, with a decent-length candle wick to the downside that almost tagged the 0.382 Fibonacci level. It may be that this was indeed the local bottom. 

The first signs that this trend is about to change would be a break of the descending trendline in the price action with a confirmation above. This would likely be validated by the indicator lines in the Stochastic RSI crossing back up, and the indicator line in the RSI crossing up above its own downtrend line.

Pros and cons of current inverse head and shoulders pattern 

Source: TradingView

In the daily time frame it’s still all about the formation of an inverse head and shoulders pattern. The right shoulder looks relatively small, but this does not invalidate the pattern. In fact, this could just suggest that buyers are not allowing the price to fall further before they step in - a very bullish scenario. What will be important is to see a decisive close above the neckline with increased volume to validate the pattern. 

Just one point of concern to take note of is that generally the left and right shoulders should take a roughly similar amount of time to form. As it stands, if the $BTC price goes up to the neckline from here, this would mean that the right shoulder would have completely formed in the space of a week or so, while the left shoulder took over 4 weeks. This potentially much shorter formation period could suggest that there hasn’t been sufficient consolidation, possibly leading to a weaker breakout or an invalidation of the pattern.

It’s now or never for Bitcoin

Source: TradingView

The above weekly chart for the $BTC price illustrates the whole of the bull market. It can be seen that higher highs and higher lows have continued throughout. The green arc shows the smooth parabolic movement of the price as the increase becomes steeper.

Four touches of the 8-year ascending trendline have now been made in quick succession. This compares with the first touch at the top of the 2017 bull market, and one more touch during the 2021 bull market. The curve is rising into the trendline, and the space for the price action is narrowing. Yes, there could conceivably be a further slide in the price from here, but with the $BTC price resetting after becoming overbought, an oversold condition is now approaching.

It’s now or never. There are only two ways for the price to go. To fall down through the parabolic curve and enter a bear market, or to break up beyond the ascending trendline and go into a potentially huge blow-off top, and final stage of the bull market. Which will it be?

Disclaimer: 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.

On-chain data shows the Bitcoin mega whales are still in a phase of distribution despite the other cohorts shifting to buying.

Bitcoin Mega Whales Have Continued To Sell During This Rally
According to the latest weekly report from Glassnode, the Bitcoin Accumulation Trend Score suggests a resurgence in buying among the investors. This on-chain indicator basically tells us whether the BTC holders are buying or selling.

The metric calculates its value by not only looking at the balance changes happening in the wallets of the investors, but also accounting for the size of the wallets themselves. This means that the behavior of the larger entities has a larger influence on the score.

When the value of the indicator is above 0.5, it implies the large investors (or alternatively, a large number of small hands) are participating in accumulation. The closer is the indicator to 1, the stronger is this behavior.

On the other hand, the metric being under the threshold suggests distribution is the dominant behavior among BTC holders. The zero mark serves as the extreme level for this side of the scale.

Now, here’s the chart shared by Glassnode in the report that shows the trend in the Bitcoin Accumulation Trend Score separately for the various investor cohorts:

The value of the metric seems to be the highest for the sharks | Source: Glassnode’s The Week Onchain – Week 40, 2025
As displayed in the above graph, the Bitcoin Accumulation Trend Score assumed a neutral-distribution value across the market in mid-September, but a shift has occurred recently.

The sharks, investors holding between 100 to 1,000 BTC, were the first to pivot to buying. And it wasn’t just any degree of accumulation, but a strong one, with the metric sitting close to 1.

The 10 to 100 BTC cohort followed soon after, though its Accumulation Trend Score has still not achieved a value as high as the sharks’. Together, the buying from these mid-sized holders appears to be what backed the recent price surge to a new all-time high (ATH).

Very recently, the retail investors (below 1 BTC and 1 to 10 BTC groups) have also embraced accumulation, potentially attracted by the hype of the Bitcoin bull run.

While sharks and smaller entities have been accumulating, the top end of the scale has shown a different behavior. The whales (1,000 to 10,000 BTC) have continued to hold a neutral behavior, neither buying nor selling, while the largest of entities on the network, those holding above 10,000 BTC, have been in stark contrast to the sharks with their Accumulation Trend Score sitting deep in the distribution zone.

It now remains to be seen how long these Bitcoin holders, popularly called the mega whales, will continue their selloff, and whether they will provide impedance to the run.

BTC Price
At the time of writing, Bitcoin is floating around $120,900, down 2.5% over the last 24 hours.

The trend in the price of the coin over the last five days | Source: BTCUSDT on TradingView
Featured image from Dall-E, Glassnode.com, chart from TradingView.com

Shorts stack, liquidity piles - BTC's weekly drama unfolds.

Cardano forms a key triangle pattern as analysts mark $0.69 as a potential buy zone before a possible breakout toward $2.

Cardano (ADA) is trading near $0.81 at press time, with a daily volume of $1.4 billion. It has slipped slightly in the past 24 hours and is down about 5% over the past week.

Consequently, traders are watching a chart pattern that may set up a larger move. If the price pulls back, $0.69 is being marked as a possible buy zone.

Triangle Pattern Signals Potential Move
Crypto analyst Ali Martinez shared a 12-hour chart showing ADA compressing inside a symmetrical triangle. The formation began in late 2024 and is approaching a point where a clear move is likely. Martinez pointed to $0.69 as a possible support level, also aligned with the 62% Fibonacci retracement zone.

Everything’s lining up for Cardano $ADA! $0.69 is the dip to buy before $2. pic.twitter.com/3xQGEN3xWT

— Ali (@ali_charts) October 10, 2025

Interestingly, upside predictions are illustrated in the chart as $1.28, $1.58, and $1.86, with each amount being equal to Fibonacci extensions. The formation is indicative of a gradual rise in trading, and the construction is supporting the idea of further levels if the support is maintained.

Key Levels in Focus as Price Compresses
Jonathan Carter also posted a daily chart showing ADA forming higher lows and lower highs, creating a symmetrical triangle. He noted that the 50-day moving average (MA 50) is acting as resistance. The price is hovering just below this level, near $0.80. A break above could open room toward $0.96, $1.15, and $1.50.

Carter highlighted consistency in price movements close to $0.76 as a confirmation that the trendline is still valid. His recommendation was to wait for a closing above the MA 50 before considering the possibility of upward movement. The RSI is still among the neutral levels, indicating there is space for both ways, based on momentum and volume.

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Cardano Hits 1M Transactions but is ADA’s Price Finally About to Break $1?

$0.84 Barrier Crushed: Experts Say Cardano (ADA) Could Be Just Getting Started

Cardano (ADA) News Today: September 4th

Source: Jonathan Carter/X
Market Sentiment and Wallet Activity
Data from CoinGlass shows ADA’s long-to-short ratio at 0.93. The figure suggests short positions still outnumber longs, showing a cautious stance among traders on futures platforms.

Source: Coinglass
Meanwhile, ADA Orca, a core developer in the Cardano ecosystem, flagged a drop in active wallets. They posted that unique wallets have fallen to about 1,000 from over 8,000 in late 2024. “Most heartbreaking Cardano chart of all,” they wrote, referring to a visible drop in network participation.

In technical development, the team behind Cardano introduced the Hydra Node version 1.0.0. This upgrade signifies the transition from testing to complete readiness for the Layer-2 protocol. Scalability and performance of the network are the main advantages the Hydra solution offers, which will be particularly useful as the activity on the network increases over time.

Diversified end markets could make this AI stock popular in the long run, and that could send its shares soaring.

The rapid expansion of artificial intelligence (AI) technology has brought several companies into the limelight in the past few years. For instance, Nvidia, which is in the business of designing semiconductors, became an instantly recognizable name thanks to the role it plays in the proliferation of AI.

But AI adoption is still in its early phases. There are likely to be more companies that will become famous thanks to this technology, and buying them before they become household names could be rewarding for investors in the long run. 

Let's take a closer look at a company that isn't as famous as Nvidia yet but has the potential to follow in the chip giant's footsteps to become a household name in the next five years.

This AI company has the potential to be a household name by 2030
Advanced Micro Devices (AMD -1.25%) has been playing second fiddle to Nvidia so far in the market for AI chips. However, investors would do well to note that the former could become a bigger AI name thanks to its diversified businesses.

Nvidia's AI chips are primarily deployed in data centers for running AI workloads in the cloud. The company also sells consumer-oriented graphics processing units (GPUs) that are used in personal computers (PCs) and workstations for tackling graphics-intensive workloads. AMD also caters to both these markets. It sells central processing units (CPUs) and GPUs that power PCs, and is also trying to cut its teeth in the AI data center market.

But then, the scope of its business goes beyond data centers and PCs. AMD also sells semi-custom processors that are deployed in two popular gaming consoles, along with embedded processors that go into various applications such as automotive, healthcare, robotics, and industrial markets. AMD, therefore, is likely to have a bigger reach as its chips are capable of powering a wider range of devices in the future.

For instance, reports suggest that AMD has already been selected to make the semi-custom processors for the next generation of gaming consoles from Sony and Microsoft. These consoles, which are expected to hit the market within the next three years, are expected to pack AI-powered features. AMD's console processor is likely to enhance the resolution of the games that will run in the next generation of gaming consoles to deliver a more immersive gameplay experience.

Meanwhile, AMD is already reaching more customers with the help of its AI-centric PC CPUs. The company offers CPUs capable of running AI workloads locally on PCs, which is one of the reasons why it grabs a bigger share of this market. Specifically, AMD's client CPU market share stood at 23.9% in the second quarter of 2025 as compared to 21.1% in the same period last year.

Its revenue share increased by a much more handsome 9.8 percentage points from the year-ago period to 27.8%. This is an indicator of AMD's robust pricing power and the fact that customers are willing to pay more for its AI-focused Ryzen processors. As such, don't be surprised to see AMD reaching more customers with the help of its AI-capable CPUs.

In all, AMD's solid presence in consoles, which are expected to get an AI-powered boost when the next generation arrives, along with its rising share of the AI PC market, could help it become a household AI stock by the end of the decade.

Throw in the fact that AMD can win more business in the data center GPU market thanks to its aggressive product roadmap and partnerships with the likes of Oracle, which is rapidly deploying more data centers across the globe, and there is a good chance that it could come out of Nvidia's shadow and become a popular AI stock in the long run.

In fact, AMD just received a major boost in the AI data center market thanks to OpenAI. The ChatGPT maker will buy AMD's Instinct data center GPUs to build 6 gigawatts of compute capacity starting next year. AMD stock rocketed higher following this announcement, and there is a good chance that it can sustain this momentum in the long run.

AMD's valuation makes it a solid buy right now
AMD has a price/earnings-to-growth ratio (PEG ratio) of just 0.52 based on its projected annual earnings growth rate for the next five years, as per Yahoo! Finance. The PEG ratio is a forward-looking valuation metric that takes a company's future earnings growth into account, and a reading of less than 1 means that the company is undervalued with respect to the growth that it is anticipated to deliver.

AMD's PEG ratio clearly tells us that it is undervalued based on the potential growth that it could clock through 2030. So, buying AMD right now could be a smart thing to do for the long run, as its presence in consumer-facing markets that are embracing AI (such as gaming consoles and PCs), along with a potential improvement in its data center market share, is likely to bump up its growth rate in the future.

All this could contribute toward making AMD more popular and send this semiconductor stock soaring in the long run.

Harsh Chauhan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Advanced Micro Devices, Microsoft, Nvidia, and Oracle. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy.

A special perk for Costco Wholesale's highest tier of cardholders has some members in an uproar -- but it's put smiles on the faces of management and investors.

For the last three years, the evolution of artificial intelligence (AI) has captivated the attention of Wall Street and investors. In Sizing the Prize, the analysts at PwC pegged the potential global impact of AI at $15.7 trillion by the turn of the decade. Numbers this large are bound to garner the attention of investors.

But this sky-high estimate from PwC still significantly lags the worldwide addressable opportunity for the retail industry by 2035. Market Business Insights is projecting a 4.44% compound annual growth rate for the global retail industry through 2035, which would peg its addressable market at $52.7 trillion in 10 years.

Although retail is a generally low-margin and highly competitive arena, the few companies that do stand out tend to become superstars on Wall Street. Think Amazon, Walmart, and Costco Wholesale (COST 3.05%), for example.

Image source: Costco Wholesale.

Though all three of these retail goliaths possesses well-defined competitive advantages, their operating approach is anything but static. The ability to change and adapt to meet the needs of consumers is a necessity of the retail landscape -- and arguably no company knows this better than warehouse club Costco.

Costco's value approach has won over shoppers
In some instances, size isn't everything in corporate America. But for retailers, size tends to provide a meaningful competitive edge. In Costco's case, it's used its size and deep pockets to deliver deals that drive members into its stores.

Being able to buy products in bulk can lower the per-unit cost for each item, which in turns allows Costco to consistently undercut local stores and even national grocery chains on price. Though the margins on basic need goods (e.g., produce and toiletries) are often razor-thin, Costco's management team understands that these necessity items are what drive traffic into its stores on a regular basis.

This value proposition can also be found in Costco's food court. The cost of the company's famous hot dog combo has been pinned at $1.50 for more than four decades due to the cult-like attraction of this deal. In 2009, the company transitioned to its in-house Kirkland Signature brand to supply hot dogs for its combo deal in an effort to keep costs down and its members happy.

But the biggest edge of all for Costco is its membership-driven operating model. Depending on the tier, members are paying $65 or $130 each year to shop in its warehouses. This is high-margin revenue that flows almost directly to Costco's bottom line, and it also provides an added margin buffer when the company is undercutting its rivals on price.

If consumers are spending $65 or $130 annually for the right to shop at a warehouse, you can rest assured they're going to be making most or all of their big-dollar purchases there to get as much out of their membership as possible.

However, changes have been commonplace for Costco Wholesale in its more than four decades of operation -- and they're not always well-received by its members.

Image source: Getty Images.

A controversial new policy has some members in an uproar and management thrilled
Over the last year or so, Costco has made a handful of meaningful changes. It increased annual membership fees for Gold Star/Business and Executive cardholders from $60 to $65 and $120 to $130, respectively, as well as required members to scan their card or a QR code when entering its stores. Seeing as how this was the first membership fee increase in seven years, cardholders didn't put up much of a fuss.

But changes made to Costco's shopping hours, which affords special treatment to Executive members, has definitely created an uproar.

In June, the company announced plans to introduce special early shopping hours for Executive cardholders seven days a week. On weekdays and Sundays, Costco would open its doors for Executive members from 9 a.m. to 10 a.m. On Saturdays, a 30-minute window of 9 a.m. to 9:30 a.m. exists for these top-tier cardholders to shop.

Though Costco doesn't offer a U.S. breakdown of its Gold Star/Business vs. Executive memberships, it does do so globally. It closed out its fiscal year (Aug. 31, 2025) with 81 million paying members, 38.7 million of which were Executive cardholders. This means tens of millions of Gold Star members can't shop in the company's U.S. warehouses during these special hours.

What's more, Costco introduced a $10 monthly credit on qualifying Instacart orders of $150 or more for its top class of cardholders. This is in addition to the 2% back they can receive each year (up to $1,250) on purchases.

While some Gold Star/Business members aren't happy with these new perks (specifically the special shopping hours) for Executive cardholders, Costco's management team and Wall Street are all smiles.

During the company's fiscal fourth-quarter conference call with Wall Street analysts, CEO Ron Vachris directly addressed this controversial new policy, as well as the decision to extend hours for all members on Saturday evenings in U.S. warehouses:

To increase value and convenience for our members, on June 30, we added Executive Member exclusive operating hours in the morning and an additional hour on Saturday evenings for all members in our U.S. warehouses. We estimate these incremental hours have added about 1% to weekly U.S. sales since implementation.

A 1% bump in sales might not sound like much, until you realize that a 1% boost in sales can generate close to $3 billion in added annual revenue for the company. That's not chump change!

Furthermore, even though Executive cardholders account for "just" 47.8% of worldwide memberships, they were responsible for 74.2% of net sales during the fiscal fourth quarter. It's in Costco's financial interest to keep its highest tier of cardholders happy, even if newly implemented policies annoy entry-level members.

With management seeing evidence of membership upgrades a little over a month after firmly implementing its special shopping hours policy, there's little question that this controversial policy change is here to stay.

Sean Williams has positions in Amazon. The Motley Fool has positions in and recommends Amazon, Costco Wholesale, and Walmart. The Motley Fool recommends Instacart. The Motley Fool has a disclosure policy.