Finex logo
Finex Intelligence

Market Signal Briefing

Wire-ready dashboard awaiting your first source connection.

Last news saved at Mar 30, 13:54 1mo ago Cron last ran Mar 30, 13:54 1mo ago Awaiting first source
Switch language
91,488 Stories ingested Auto-fetched market intel nonstop.
0 Distinct tickers Add sources to start tracking symbols
Trending sources Waiting for fresh intel
Hot tickers Surfacing from current coverage
Details Saved Published Title Source Tickers
2025-10-09 09:02 6mo ago
2025-10-09 05:00 6mo ago
Goldstorm Metals Completes Geophysical & Rock Geochemical Surveys on the Crown Property and Provides Drilling Update on the Electrum Property, located in the Golden Triangle of British Columbia stocknewsapi
GSTMF
Vancouver, British Columbia--(Newsfile Corp. - October 9, 2025) - Goldstorm Metals Corp. (TSXV: GSTM) (FSE: B2U) ("Goldstorm" or the "Company") is pleased to provide an update on the 2025 exploration activities at its 100% owned Crown and Electrum Properties, covering over 16,000 hectares directly south of Seabridge Gold's KSM Project and Newmont's Brucejack Mine. Click link to view: Crown and Electrum locations.
2025-10-09 09:02 6mo ago
2025-10-09 05:00 6mo ago
4 Top AI-Powered Healthcare Stocks stocknewsapi
BSX OPRX VEEV ZEPP
SummaryHealthcare stocks quietly outperformed the market in the past 30 days as headlines centered on the government shutdown over the extension of Affordable Care Act tax credits for 2026.The AI in healthcare market is expected to reach $504B by 2032, driven by an aging population, medical data explosion, job shortages, and consumer demand for self-care technology.Healthcare companies are increasingly deploying AI in drug discovery, diagnostics, imagery, robot-assisted surgery, and hospital administration.SA Quant identified four Strong Buy stocks selling AI-powered solutions to boost productivity and enhance product offerings.I am Steven Cress, Head of Quantitative Strategies at Seeking Alpha. I manage the quant ratings and factor grades on stocks and ETFs in Seeking Alpha Premium. I also lead Alpha Picks, which selects the two most attractive stocks to buy each month, and also determines when to sell them. ArtemisDiana/iStock via Getty Images

Riding the AI-Healthcare Boom The S&P 500 performance has been mixed as the government shutdown continues, with Democrats and Republicans deadlocked over extending Affordable Care Act tax credits. The S&P 500 and Nasdaq both snapped week-long winning streaks, sliding a day

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given that any particular security, portfolio, transaction or investment strategy is suitable for any specific person. The author is not advising you personally concerning the nature, potential, value or suitability of any particular security or other matter. You alone are solely responsible for determining whether any investment, security or strategy, or any product or service, is appropriate or suitable for you based on your investment objectives and personal and financial situation. Steven Cress is the Head of Quantitative Strategy at Seeking Alpha. Any views or opinions expressed herein may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank.

Recommended For You
2025-10-09 08:02 6mo ago
2025-10-09 03:00 6mo ago
Lake Victoria Gold Announces Imwelo Area C Drilling Underway: 4,000 m to Finalize Pit Design & Grow Ounces stocknewsapi
LVGLF
October 09, 2025 3:00 AM EDT | Source: Lake Victoria Gold Ltd.
Vancouver, British Columbia--(Newsfile Corp. - October 9, 2025) - Lake Victoria Gold Ltd. (TSXV: LVG) (OTCQB: LVGLF) (FSE: E1K) ("LVG" or the "Company") is pleased to announce that drilling is underway on a 4,000-metre, multi-purpose program at the fully permitted Imwelo Gold Project in northwestern Tanzania. The first of approximately 24 planned holes has commenced at Area C, the location of the Company's planned initial open pit at Imwelo.

The program integrates reverse-circulation (RC) pre-collars with diamond core (DD) tails to reduce cost and cycle time while capturing the geotechnical and geological data required for final pit design and mine scheduling.

Program Objectives

Final pit design & geotechnical: Collect oriented core and rock-mass data to refine slope angles, wall support requirements, and ramp geometry; complete in-pit geotechnical domains for the final pit shells.Resource confidence & conversion: Infill shallow gaps to improve confidence in near-surface mineralization and, where supported by results, upgrade Inferred to Indicated categories and increase the Measured inventory in areas of sparse coverage.Resource growth: Test down-dip extensions at ~100 m and ~200 m vertical depths and step-outs along strike to the west beyond the current pit limits.Grade-control readiness: Generate data to plan close-spaced, shallow grade-control drilling to support early mining and ROM stockpile development.Metallurgy: Collect representative core for confirmatory test work across oxide-transition-fresh domains to validate recoveries and inform early mine sequencing.Marc Cernovitch, President & CEO, commented: "Kicking off drilling at Area C is a tangible step toward first production at Imwelo. This program is designed to tighten our final pit design, convert ounces where appropriate, and set up grade-control so that once construction begins we can move quickly into pre-strip and stockpiling. With a low-capex build plan and a fully permitted project, each metre drilled reduces risk and advances Imwelo along the development path."

Program Design & First Hole

Shallow infill: Eight holes will target gaps near the eastern and western pit margins and one central area, with intersections planned at approximately 25 m and 50 m vertical depth to tighten lateral pit boundaries.Depth extensions: Thirteen holes are planned on ~100 m section spacing to test the mineralized lodes at approximately 150 m and 200 m below surface, with the objective of upgrading classification down-dip and assessing the case for a future underground phase following the open-pit operation (currently envisioned at ~18-24 months of pit life).Western step-outs: Three holes are positioned west of a north-northeast-trending dyke-filled fault that truncates Area C at its western end; the structure is interpreted to offset mineralization 50-70 m to the north. These holes will test for continuity across the displacement.Hanging wall/foot wall potential: All holes are designed to drill completely through the existing modelled zone to evaluate additional hanging wall and footwall lodes not included in the current historical resource and pit design.First hole — IMWRD_005: Drilling has commenced on IMWRD_005, designed to intersect the Area C mineralization at ~120 m vertical depth near the western end of the zone. The hole is planned as an RC pre-collar to ~80 m, followed by a ~150 m DD tail to a projected final depth of ~230 m.

Context - select historical results (Area C, western end):

IMWRC-037: 2.0 m @ 5.06 g/t Au from 15 m and 6.8 m @ 14.6 g/t Au from 33.2 mIMWRC-038: 2.0 m @ 7.5 g/t Au from 22 mNotes: Intervals are down-hole lengths; true widths are unknown. Source: Measured Group Pty Ltd., Geology and Resource Estimate Report - Imwelo Project, Tanzania, May 2017.

Seth Dickinson, B.E. (Mining), Chief Operating Officer, added: "We've engineered this campaign to answer the last technical questions: slope angles, ramp geometry, and continuity down-dip and to the west. By combining RC with diamond tails we keep costs down without compromising core data quality. The work also builds the dataset we need for grade-control design and early mining, while testing the deeper potential that could support a follow-on underground phase."

Program Highlights (what to watch):

Western step-outs: Test continuity across the dyke-fault; success could extend the open-pit shell to the west.Down-dip holes (~100 m & ~200 m): Target resource conversion (Inf→Ind) and evaluate underground potential beneath Area C.Geotech core: Oriented DD for slope angles/ramp geometry to finalize pit design parameters.Met test work: Composites across oxide/transition/fresh to confirm recoveries and fine-tune early mine scheduling.The Company expects to provide periodic updates on drilling progress and initial assay results once received and validated under LVG's QA/QC protocols.

Cautionary Note on Production Decision
Although Imwelo has been the subject of JORC-compliant PEA, PFS and updated PFS work, these foreign-code studies are not current under NI 43-101. The Company has not completed a feasibility study on Imwelo that establishes mineral reserves demonstrating economic and technical viability and is not treating the JORC-based estimates or analyses as current under CIM Definition Standards. Any decision to commence production is not based on a feasibility study of mineral reserves and therefore involves increased uncertainty and a higher risk of economic and technical failure. There is no certainty that the planned low-capex open-pit operation will be economically viable or that production will occur as anticipated. Risks include, without limitation, variations in grade and recovery, unexpected geotechnical or metallurgical challenges, cost overruns, funding availability, and operational, regulatory or permitting risks.

Qualified Person
The scientific and technical information in this news release has been reviewed and approved by David Scott, Pr. Sci. Nat., who is a Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Mr. Scott is a Director and Officer of the Company.

Investor Relations Engagements
Lake Victoria Gold Ltd. has retained Market IQ Media Group Incorporated ("MIQ") & Sidis Holdings ("SIDIS") to provide investor relations and capital markets advisory services. The engagements are for an initial term of 6 months, renewable by mutual agreement, and may be terminated by either party on 30 days' notice. MIQ & SIDIS will receive a fee of $100,000 each. MIQ & SIDIS are arm's length to the Company. To the Company's knowledge, MIQ & SIDIS do not own or control any securities of the Company. The engagements are subject to acceptance by the TSX Venture Exchange.

About Lake Victoria Gold (LVG):
Lake Victoria Gold is a rapidly growing gold exploration and development company listed on the TSX Venture Exchange under the symbol LVG. Leveraging our unique position and experience, the Company is principally focused on growth and consolidation in the highly prolific and prospective Lake Victoria Goldfield in Tanzania.

The Company has a 100% interest in the Tembo project which has over 50 thousand meters of drilling and is located adjacent to Barrick's Bulyanhulu Mine. The Company also holds a 100% interest in the Imwelo Project which is a fully permitted gold project west of AngloGold Ashanti's Geita Gold Mine. With historical resource estimates and a 2021 pre-feasibility study, the project is fully permitted for mine construction and production, positioning it as a near-term development opportunity.

LVG has assembled a highly experienced team with a track record of developing, financing, and operating mining projects in Africa with management, directors and partners owning more than 60% of the shares. Notably, the Company is grateful for the validation that comes with the support and equity investment from Barrick and recent strategic partnership with Taifa Group.

Taifa Group (a diverse group of companies with interests in amongst others, Mining, Telecoms, Oil & Gas, Agri Business, Pharmaceuticals and Leather) has entered into an agreement with the Company to obtain an equity stake in the Company and through its wholly owned subsidiary Taifa Mining (a wholly Tanzanian owned company), or other nominees. Taifa Mining will also carry out all the contract mining and civil works for the Imwelo project. Taifa Mining is Tanzania's largest mining contractor with over 30 years mining related experience. Taifa have been the contractor of choice to most mines in Tanzania and have maintained long and successful relationships with companies such as Petra, De Beers, Barrick, and AngloGold Ashanti. In addition, Taifa also owns the largest fleet of mining equipment in Tanzania. As a company, Taifa is committed to adopting and adhering to the latest internationally recognized standards throughout all aspects of its business.

On Behalf of the Board of Directors of the Company,

Simon Benstead
Executive Chairman & CFO
Phone: +1 604-685-9316
Email: [email protected]

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 NEWS RELEASE.

Cautionary Statement Regarding Forward-Looking Information
This news release includes certain "forward-looking information" within the meaning of applicable Canadian securities legislation, including: future exploration and development plans with respect to the Imwelo Project, contract work on the Imwelo Project by Taifa Mining, securing additional financing for the development costs of the Imwelo project, the closing of the acquisition of the Imwelo Project and the concurrent financing, including the satisfaction of the closing conditions thereunder, and receipt of all regulatory approvals, including the approval of the TSX Venture Exchange for the acquisition and financing. All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, although not always, identified by words such as "expect", "plan", "anticipate", "project", "target", "potential", "schedule", "forecast", "budget", "estimate", "intend" or "believe" and similar expressions or their negative connotations, or that events or conditions "will", "would", "may", "could", "should" or "might" occur. All such forward-looking statements are based on the opinions and estimates of management as of the date such statements are made.

Forward-looking statements necessarily involve assumptions, risks and uncertainties, certain of which are beyond LVG's control, including risks associated with or related to: the completion of the acquisition of the Imwelo project, the concurrent financing and related transactions, including receipt of all regulatory approvals and third-party consents, the volatility of metal prices and LVG's common shares; changes in tax laws; the dangers inherent in exploration, development and mining activities; the uncertainty of reserve and resource estimates; not achieving development or production, cost or other estimates; actual exploration or development plans and costs differing materially from the Company's estimates; the ability to obtain and maintain any necessary permits, consents or authorizations required for mining activities; environmental regulations or hazards and compliance with complex regulations associated with mining activities; climate change and climate change regulations; fluctuations in exchange rates; the availability of financing; financing and debt activities; operations in foreign and developing countries and the compliance with foreign laws, including those associated with operations in Tanzania and including risks related to changes in foreign laws and changing policies related to mining and local ownership requirements or resource nationalization generally, including in response to the COVID-19 outbreak; remote operations and the availability of adequate infrastructure; fluctuations in price and availability of energy and other inputs necessary for mining operations; shortages or cost increases in necessary equipment, supplies and labour; regulatory, political and country risks, including local instability or acts of terrorism and the effects thereof; the reliance upon contractors, third parties and joint venture partners; challenges to title or surface rights; the dependence on key personnel and the ability to attract and retain skilled personnel; the risk of an uninsurable or uninsured loss; adverse climate and weather conditions; litigation risk; competition with other mining companies; community support for LVG's operations, including risks related to strikes and the halting of such operations from time to time; conflicts with small scale miners; failures of information systems or information security threats; the ability to maintain adequate internal controls over financial reporting as required by law; compliance with anti-corruption laws, and sanctions or other similar measures; social media and LVG's reputation; and other risks disclosed in the Company's public filings.

LVG's forward-looking statements are based on the opinions and estimates of management and reflect their current expectations regarding future events and operating performance and speak only as of the date hereof. LVG does not assume any obligation to update forward-looking statements if circumstances or management's beliefs, expectations or opinions should change other than as required by applicable law. There can be no assurance that forward-looking statements will prove to be accurate, and actual results, performance or achievements could differ materially from those expressed in, or implied by, these forward-looking statements. Accordingly, no assurance can be given that any events anticipated by the forward-looking statements will transpire or occur, or if any of them do, what benefits or liabilities

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/269733
2025-10-09 08:02 6mo ago
2025-10-09 03:00 6mo ago
BlackBerry SecuSUITE Expands to Windows Devices, Extending Sovereign-Grade Protection Across the Digital Workplace stocknewsapi
BB
WATERLOO, ON / ACCESS Newswire / October 9, 2025 / BlackBerry Limited (NYSE:BB)(TSX:BB) today announced the expansion of BlackBerry® SecuSUITE® to Windows® devices, extending sovereign-grade secure communications trusted by governments and critical enterprises to include laptops and workstations. This expansion will enable secure voice, messaging, and file sharing across mobile devices, laptops, and desktops, delivering the same assured protection through a consistent, adoptable workflow.
2025-10-09 08:02 6mo ago
2025-10-09 03:00 6mo ago
ASE Technology Holding Co., Ltd. Announces Monthly Net Revenues* stocknewsapi
ASX
, /PRNewswire/ -- ASE Technology Holding Co., Ltd. (NYSE: ASX, TAIEX: 3711, "ASEH" or the "Company"), announces its unaudited consolidated net revenues for September and 3rd quarter of 2025.

CONSOLIDATED NET REVENUES (UNAUDITED)

Sept

Aug

Sept

Sequential

YoY

(NT$ Million)

2025

2025

2024

Change

Change

Net Revenues

60,561

56,466

55,579

+7.3 %

+9.0 %

Sept

Aug

Sept

Sequential

YoY

(US$ Million)

2025

2025

2024

Change

Change

Net Revenues

1,995

1,899

1,739

+5.1 %

+14.7 %

Q3

Q2

Q3

Sequential

YoY

(NT$ Million)

2025

2025

2024

Change

Change

Net Revenues

168,569

150,750

160,105

+11.8 %

+5.3 %

Q3

Q2

Q3

Sequential

YoY

(US$ Million)

2025

2025

2024

Change

Change

Net Revenues

5,663

4,838

4,956

+17.1 %

+14.3 %

Net revenues for ATM assembly, testing and material business are as follows:

ATM NET REVENUES (UNAUDITED)

Sept

Aug

Sept

Sequential

YoY

(NT$ Million)

2025

2025

2024

Change

Change

Net Revenues

34,997

33,510

29,172

+4.4 %

+20.0 %

Sept

Aug

Sept

Sequential

YoY

(US$ Million)

2025

2025

2024

Change

Change

Net Revenues

1,153

1,127

913

+2.3 %

+26.3 %

Q3

Q2

Q3

Sequential

YoY

(NT$ Million)

2025

2025

2024

Change

Change

Net Revenues

100,289

92,565

85,791

+8.3 %

+16.9 %

Q3

Q2

Q3

Sequential

YoY

(US$ Million)

2025

2025

2024

Change

Change

Net Revenues

3,371

2,972

2,655

+13.4 %

+26.9 %

*This press release is intended to comply with Taiwan regulatory requirements.

Safe Harbor Notice:
This press release contains "forward-looking statements" within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Although these forward-looking statements, which may include statements regarding our future results of operations, financial condition or business prospects, are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on these forward-looking statements, which apply only as of the date of this press release. The words "anticipate," "believe," "estimate," "expect," "intend," "plan" and similar expressions, as they relate to us, are intended to identify these forward-looking statements in this press release. These forward-looking statements are necessarily estimates reflecting the best judgment of our senior management and our actual results of operations, financial condition or business prospects may differ materially from those expressed or implied by the forward-looking statements for reasons including, among others, risks associated with cyclicality and market conditions in the semiconductor or electronic industry; changes in our regulatory environment, including our ability to comply with new or stricter environmental regulations and to resolve environmental liabilities; demand for the outsourced semiconductor packaging, testing and electronic manufacturing services we offer and for such outsourced services generally; the highly competitive semiconductor or manufacturing industry we are involved in; our ability to introduce new technologies in order to remain competitive; international business activities; our business strategy; our future expansion plans and capital expenditures; the strained relationship between the Republic of China and the People's Republic of China; general economic and political conditions; the recent shift in United States trade policies; possible disruptions in commercial activities caused by natural or human-induced disasters; fluctuations in foreign currency exchange rates; and other factors. For a discussion of these risks and other factors, please see the documents we file from time to time with the Securities and Exchange Commission, including the 2024 Annual Report on Form 20-F filed on March 27, 2025.

Investor Relations Contact:
[email protected]
Tel: +886.2.6636.5678
https://www.aseglobal.com

SOURCE ASE Technology Holding Co., Ltd.

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

440k+

Newsrooms &

Influencers

9k+

Digital Media

Outlets

270k+

Journalists

Opted In

Also from this source
2025-10-09 08:02 6mo ago
2025-10-09 03:00 6mo ago
Humanoid Global Enters into Memorandum of Understanding with Torus Talent to Establish Strategic Partnership for Talent Recruitment stocknewsapi
TRMNF
October 09, 2025 03:00 ET

 | Source:

Humanoid Global Holdings Corp.

Vancouver, BC, Oct. 09, 2025 (GLOBE NEWSWIRE) -- Humanoid Global Holdings Corp. (“Humanoid Global” or the “Company”) (CSE:ROBO, FWB:0XM1, OTCQB:RBOHF), a publicly traded investment issuer focused on building and accelerating a portfolio of pioneering companies in the humanoid robotics and embodied AI sector, is pleased to announce that it has entered into a Memorandum of Understanding (“MOU”) with Torus Talent Consultants LTD (“Torus Talent”).

Founded in 2020, Torus Talent is a Vancouver-based recruitment and consulting firm that specializes in sourcing top engineers and technical professionals for companies across North America, including those in the robotics and advanced technology industries, with additional networks in the United Kingdom, Europe, and Latin America. Torus Talent began with core engineering disciplines including electronics, mechanics, software, and data. It has since expanded into specialized roles in robotics, artificial intelligence, and research and development. This enables companies to work with one trusted partner as their technology moves from early design to real-world use.

“We are delighted to partner with Torus Talent, whose deep expertise in recruitment will be instrumental in scaling our portfolio companies as they navigate the talent demands of the rapidly evolving humanoid robotics ecosystem,” said Shahab Samimi, CEO of Humanoid Global. “This collaboration underscores our commitment to building high-caliber teams that drive innovation and accelerate market adoption in embodied AI.”

Torus Talent partners with robotics and high-tech companies at every stage of growth, from emerging startups to established industry leaders, helping them build teams that can move ideas from prototype to production. By understanding each company’s full range of technical needs, from hardware and control systems to software and data, Torus Talent connects them with engineers and leaders who can make an immediate impact. Torus Talent uses targeted outreach and structured evaluation to ensure each hire aligns with both the technical goals and the culture of the organization.

Torus Talent uses a people-first approach and flexible service options to provide timely, high-quality hiring support through close collaboration with company leadership. This strategic partnership is expected to enable Humanoid Global’s portfolio companies to access the skilled engineering talent they need to accelerate innovation and scale within the growing field of humanoid robotics.

“Torus Talent is excited to establish a selective partnership with the forward-thinking group at Humanoid Global,” said Freddy Rawji, President of Torus Talent. “We believe the team at Humanoid Global has the brightest minds with a clear mission and values. The clarity of their purpose and direction will allow us to attract and retain the brightest minds in robotics and AI.”

The strategic partnership outlined in the MOU between Humanoid Global and Torus Talent establishes a framework for Torus Talent to support Humanoid Global’s portfolio companies through comprehensive recruitment services. Torus Talent will leverage its network to identify and present qualified candidates for key technical, operational, and leadership roles, assisting portfolio companies throughout the full recruitment process from outreach to placement. Working closely with Humanoid Global, Torus Talent will ensure hiring strategies align with each company’s business growth, research, and development priorities.

Humanoid Global will not be legally bound to complete the strategic partnership until it has received board approval and entered into a definitive agreement (the “Definitive Agreement”) setting out the full terms and conditions of the MOU. The MOU will remain in effect until the earlier of the execution of the Definitive Agreement or ninety days from the date of the MOU. If the Definitive Agreement is not executed by the end of this period, the MOU will automatically terminate and have no further force or effect. Additional details regarding the Definitive Agreement and the strategic partnership will be provided in a subsequent news release.

-##-

About Humanoid Global Holdings Corp.

Humanoid Global Holdings Corp.  (CSE:ROBO, FWB:0XM1, OTCQB:RBOHF) (“Humanoid Global” or the “Company”) is a publicly traded investment issuer building a portfolio of pioneering companies in the growing humanoid robotics and embodied AI sector, investing in and accelerating their growth. It serves as a global investment platform providing liquidity and access to an actively managed portfolio spanning the value chain of this emerging ecosystem, including advanced software, hardware, and enabling technologies. Led by a team with a proven track record of scaling transformative technologies globally, the Company takes a long-term, partnership-oriented approach. It provides capital and strategic consultation on go-to-market strategies, regulatory pathways, and transaction advisory, while facilitating introductions to customers, suppliers, and strategic partners.

Learn more:
https://www.humanoidglobal.ai/

For further information, please contact:

Shahab Samimi
Chief Executive Officer

[email protected]
[email protected]
(604) 602-0001

CSE:ROBO
OTCQB:RBOHF
FWB:0XM1

ON BEHALF OF MANAGEMENT

Shahab Samimi
Chief Executive Officer

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

Forward-Looking Information

This news release contains certain statements that may be considered “forward-looking information” within the meaning of applicable Canadian securities legislation. All statements in this release, other than statements of historical fact, that address events, developments or performance that the Company expects to occur in the future are forward-looking statements. Forward-looking statements are generally, but not always, identified by words such as “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “potential,” “targets,” “strategy,” “opportunity,” “will,” “would,” “may,” “could,” or “should,” and similar expressions.

Forward-looking information in this news release includes, but is not limited to: (i) statements regarding the Memorandum of Understanding between Humanoid Global and Torus Talent; (ii) the establishment and implementation of the proposed strategic partnership; (iii) the negotiation, execution, and potential completion of a Definitive Agreement; (iv) the anticipated scope of recruitment and talent-acquisition services to be provided by Torus Talent; (v) the expected benefits of the partnership to Humanoid Global’s portfolio companies; and (vi) the Company’s broader business strategy, growth plans and future expectations.

Although Humanoid Global believes the assumptions and expectations reflected in such forward-looking statements are reasonable, such statements are not guarantees of future performance. Forward-looking statements are subject to a variety of known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to differ materially from those expressed or implied in the statements. These factors include, among others, the ability of the parties to negotiate and enter into definitive agreements on the terms contemplated or at all; the timing and receipt of any required regulatory or corporate approvals; changes in market conditions; general business, economic and competitive factors; and the risks described in the Company’s public disclosure record available on SEDAR+ (www.sedarplus.ca).

Readers are cautioned not to place undue reliance on forward-looking statements. The forward-looking statements contained in this release are made as of the date hereof and are based on information currently available and management’s beliefs, estimates, expectations and opinions at that time. Except as required by applicable securities laws, the Company undertakes no obligation to update or revise any forward-looking statements should circumstances or management’s estimates or opinions change.
2025-10-09 08:02 6mo ago
2025-10-09 03:00 6mo ago
Porsche's 9-month sales fall globally, China leads slump stocknewsapi
POAHY VWAGY
People look at the Porsche Taycan GTS electric vehicle (EV) during a media day for the Auto Shanghai show in Shanghai, China April 23, 2025. REUTERS/Go Nakamura Purchase Licensing Rights, opens new tab

CompaniesOct 9 (Reuters) - Germany luxury sports carmaker Porsche

(P911_p.DE), opens new tab said on Thursday its sales fell globally in the first nine months of 2025, blaming challenging market conditions and intense competition for a 26% slump in the Chinese market.

The carmaker delivered around 70,836 vehicles globally between July and September, roughly a 6% drop from last year's level according to a calculation by Reuters.

Sign up here.

In North America, its biggest market, sales grew by around 4.7% in the same period, according to calculations.

Between January and September it delivered 212,509 vehicles worldwide.

"We expect the market environment to remain challenging

in the future," Matthias Becker, member of the executive board for sales and marketing at Porsche AG, said in a statement.

The Stuttgard-based firm cut its outlook in September due to weaker demand, pressure in key market China and higher U.S. tariffs.

Reporting by Paolo Laudani, Editing by Friederike Heine

Our Standards: The Thomson Reuters Trust Principles., opens new tab
2025-10-09 08:02 6mo ago
2025-10-09 03:02 6mo ago
Prediction: This Unstoppable Stock Will Join Nvidia, Microsoft, Apple, and Alphabet in the $3 Trillion Club Before 2028 stocknewsapi
AMZN
A trio of growth drivers and a long history of strong execution will secure this company's membership in an elite fraternity.

The U.S. economy has undergone a paradigm shift over the past two decades. In 2005, the two largest publicly traded companies in the U.S., when measured by market cap, were energy giant ExxonMobil at $392 billion and industrial bellwether General Electric worth $375 billion. Now, just 20 years later, technology companies spearheading advances in artificial intelligence (AI) rule the roost.

Four household names top the list. AI chipmaker Nvidia is the frontrunner at $4.5 trillion (as of this writing), regularly climbing to new heights. Cloud and software provider Microsoft takes up second place, worth $3.9 trillion. iPhone maker Apple is nipping at Microsoft's heels at $3.8 trillion, and search pioneer Alphabet rounds out the top four at $3 trillion.

With a market cap of nearly $2.4 trillion, it seems almost a foregone conclusion that Amazon (AMZN 1.55%) will soon join the fold. The company has numerous growth drivers that continue to defy detractors, and the vast opportunity represented by AI will likely take the company over the finish line into the $3 trillion club.

Image source: Getty Images.

A rare triple threat
What sets Amazon apart from the competition is its triad of successful businesses. While it's impressive for a company to have even one industry-leading business, Amazon has two and a third that's a strong contender in its field.

First up is Amazon's flagship e-commerce platform. The company made its fortune as a pioneer in the nascent e-commerce space in 1994, before ultimately earning the moniker of "Everything Store" and becoming the world's largest online retailer. Amazon is also the world's second-largest retailer, behind just Walmart.

Results from the second quarter help illustrate the overall magnitude of the company's success. Net sales of $167.7 billion increased 13% year over year, with 61% of the topline coming from digital retail or third-party seller services. This fueled net income of $18.2 billion, up 35%.

Amazon's second industry-leading business -- and by far its most important segment -- is Amazon Web Services (AWS), the company's cloud infrastructure services business. AWS provides on-demand computing solutions, software applications, AI, and more.

The company continues to dominate the space it pioneered in 2002, with an estimated 30% of the market, followed by Microsoft Azure and Google Cloud, with 20% and 13%, respectively, according to Statista. Furthermore, the cloud segment continues to grow at a respectable clip, up 17% year over year in the second quarter. AWS generated 19% of Amazon's revenue and 58% of operating income for the first six months of 2025, helping to fund the company's other growth initiatives.

Last but certainly not least is Amazon's fast-growing advertising business, which is fueled by its valuable product search, as well as Amazon Prime Video, live sports programming, Fire TV, and the company's live-streaming gaming platform, Twitch. Advertising revenue of $15.7 billion increased 23% year-over-year in the second quarter, accounting for 9% of total revenue. These statistics place Amazon third in the race for digital advertising dominance, behind only Google and Meta Platforms.

If that trio of successful businesses wasn't enough, Amazon is also one of the foremost authorities on AI, with more than 1,000 generative AI services and apps in development or already available for its cloud customers, and plans to offer many more. "AI will be a substantial catalyst," according to CEO Andy Jassy.

The path to $3 trillion
Amazon has a market cap of roughly $2.35 trillion (as of this writing), so its stock price will only need to increase by roughly 27% to reach $3 trillion. According to Wall Street, Amazon is expected to generate revenue of $708 billion in 2025, giving it a forward price-to-sales (P/S) ratio of 3. Assuming its P/S remains constant, Amazon would need revenue of roughly $902 billion annually to support a $3 trillion market cap.

Wall Street is currently predicting Amazon's growth will clock in at roughly 10% annually over the next five years. If the company achieves that benchmark, it could achieve a $3 trillion market cap as soon as 2028. However, given its history of strong execution, that target us likely conservative and I predict the company will make the grade sooner.

Finally, at 34 times earnings, Amazon trades at a premium compared to a multiple of 31 for the S&P 500. That said, the company has delivered stock price gains of 712% over the past decade, far exceeding the 239% gains S&P 500. This helps illustrate why Amazon represents a compelling opportunity as it marches toward $3 trillion.

Danny Vena has positions in Alphabet, Amazon, Apple, Meta Platforms, Microsoft, and Nvidia. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Meta Platforms, Microsoft, Nvidia, and Walmart. The Motley Fool recommends GE Aerospace and 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.
2025-10-09 08:02 6mo ago
2025-10-09 03:05 6mo ago
BioNxt Completes "Fast-Track" US Track One Patent Filing for Sublingual Delivery of Cladribine for the Treatment of Multiple Sclerosis stocknewsapi
BNXTF
VANCOUVER, BC / ACCESS Newswire / October 9, 2025 / BioNxt Solutions Inc. ("BioNxt" or the "Company") (CSE:BNXT)(OTCQB:BNXTF)(FSE:BXT), a bioscience innovator specializing in next-generation drug delivery technologies, today announced that it has completed a Track One priority patent filing with the U.S. Patent and Trademark Office (USPTO) for its proprietary sublingual thin-film cladribine formulation (BNT23001), designed for the treatment of multiple sclerosis (MS). The Track One patent filing also covers sublingual drug products for the treatment of many other neurological autoimmune diseases, including myasthenia gravis and lupus nephritis.
2025-10-09 08:02 6mo ago
2025-10-09 03:06 6mo ago
Prediction: Meta Platforms and This "Magnificent Seven" Peer Will Be 2026's Blockbuster Stock-Split Stocks stocknewsapi
META MSFT
Social media titan Meta Platforms and one of its Magnificent Seven peers have meaningful retail investor ownership, which is the spark that could ignite a stock-split announcement in the new year.

Though artificial intelligence (AI) has hogged the spotlight on Wall Street in each of the last three years, it's not the only trend that's helped lift the benchmark S&P 500 and growth-focused Nasdaq Composite to record highs. Investor euphoria for influential businesses conducting stock splits has been another important upside catalyst for the stock market.

A stock split is an event that allows a publicly traded company to cosmetically alter its share price and outstanding share count by the same factor. These adjustments are purely superficial in the sense that they have no impact on a company's market cap or operating performance.

Despite these changes being superficial, investors view stock splits very different, depending on whether they're designed to raise or lower a company's share price. Reverse splits, which aim to increase a public company's share price, are often shunned by investors. Companies conducting this type of split are usually doing so to avoid delisting from a major stock exchange.

Image source: Getty Images.

At the other end of the spectrum, investors gravitate to businesses announcing and completing forward splits. This type of split, which is designed to make a company's shares more nominally affordable for everyday investors, is undertaken by businesses that are out-innovating their peers and executing with precision.

Furthermore, companies enacting forward splits have a history of handily outperforming the S&P 500 in the 12 months following their split announcement. This is why investors are always on the lookout for Wall Street's next blockbuster stock-split stocks.

While there's no way to tell, with any concrete certainty, which stocks will split next, social media titan Meta Platforms (META 0.65%) and one of its "Magnificent Seven" peers look ideally positioned to become the headline stock-split stocks of 2026.

Meta Platforms is perfectly positioned to announce a forward split
There's more to picking out the next blockbuster stock-split stock than a high share price. In order for a company's board of directors to propose a split, there typically needs to be substantive ownership by retail investors. Most stocks with share prices of $500 or higher fail this portion of the sniff test -- but Meta Platforms doesn't.

Meta is the only member of the Magnificent Seven that's never completed a split. More importantly, over 28% of its outstanding shares are held by "non-institutional" investors. With a share price that's been consistently above $700 for the last four months, it's not hard to imagine that everyday investors who can't buy fractional shares through the broker may be somewhat constrained. This is a recipe that warrants a potential stock split in the coming year.

Beyond having the characteristics to incent a stock split, there's a good probability Meta stock will increase in value over time due to a handful of catalysts working in its favor.

First and foremost, Meta is an ad-driven business. While all the hoopla for the time being has to do with Meta's AI spending and the build-out of its AI-accelerated data center, it's collecting almost 98% of its net sales from ads tied to its family of apps, which includes Facebook, WhatsApp, Instagram, Threads, and Facebook Messenger.

Advertising is a highly cyclical industry that benefits from the disproportionate nature of economic cycles. Since World War II ended 80 years ago, the average U.S. recession has lasted about 10 months, while the typical expansion has endured five years. This is a recipe for ad spending to expand over time.

Additionally, Meta Platforms coaxed an average of 3.48 billion daily active users to its family of apps during the month of June. No social media company comes particularly close to giving advertisers access to this many users, which allows Meta to command quite a lot of ad-pricing power.

Meta's balance sheet gives it plenty of flexibility, as well. Closing out June with more than $47 billion in cash, cash equivalents, and marketable securities, and pacing around $99 billion in full-year operating cash flow for 2025, puts it in the driver's seat to aggressively invest in game-changing technologies, such as AI and the metaverse.

Image source: Getty Images.

It's time for Microsoft's first stock split since 2003
The other high-flying Magnificent Seven stock that looks to have a clear path to a forward stock split in 2026 is none other than Microsoft (MSFT 0.18%), the world's second-largest public company by market value behind Nvidia.

Unlike Meta, Microsoft is no stranger to conducting stock splits to make its shares more nominally affordable for retail investors. Since going public in March 1986, it's completed nine forward splits (seven of the 2-for-1 variety, and two 3-for-2 splits). However, the last of these splits occurred in February 2003.

The two catalysts here are that Microsoft's share price has soared well above $500, and more than 33% of its outstanding shares are held by retail investors. Although the ability to purchase fractional shares has become more common for online brokers, a share price north of $500 is well above where Microsoft had previously split its stock in the days prior to fractional-share purchases.

Similar to Meta, Microsoft's high share price and retail investor ownership represent only part of the story. The company's foundational operating segments should also lead to big-time upside in its stock.

Microsoft's key operating segment is cloud infrastructure service Azure, which is incorporating generative AI solutions and large language model applications for its subscribers. The addition of AI solutions has reaccelerated Azure's year-over-year growth firmly back into the 30%-plus range.

But what investors often overlook with Microsoft is the value that its legacy operating segments provide. While Windows and Office aren't growing like they once were, these are exceptionally high-margin software segments capable of generating boatloads of operating cash flow. Windows is still the leading operating systems for desktops. Microsoft can redirect the cash it generates from these legacy operations to faster-growing initiatives, such as AI, or use this capital to make earnings-accretive acquisitions.

Not to sound like a broken record, but Microsoft's cash balance is impressive, too. It closed out its fiscal year (June 30, 2025) with $94.6 billion in cash, cash equivalents, and short-term investments, and collected more than $136 billion in cash from operations in fiscal 2025.

The table is set for Microsoft to join Meta Platforms as Wall Street's likeliest blockbuster stock-split stocks of 2026.

Sean Williams has positions in Meta Platforms. The Motley Fool has positions in and recommends Meta Platforms, Microsoft, and Nvidia. 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.
2025-10-09 08:02 6mo ago
2025-10-09 03:06 6mo ago
OP Life Assurance Becomes First Life Insurance Company to Go-Live With Guidewire Jutro Digital Platform stocknewsapi
GWRE
COPENHAGEN, Denmark--(BUSINESS WIRE)--OP Financial Group - the largest financial services group in Finland and a provider of banking and insurance services - and Guidewire (NYSE: GWRE) announced that OP Life Assurance Ltd has become the first insurer in Europe and the first life insurance company globally to successfully go-live with the support of Guidewire Jutro Digital Platform (JDP), providing its sales teams with enhanced digital capabilities.

In recent years, OP Life Assurance has deployed Guidewire PolicyCenter and Guidewire BillingCenter on Guidewire Cloud Platform to drive a comprehensive transformation of its term life insurance line of business. It has now further enhanced the capabilities of their sales channels by implementing Guidewire Jutro Digital Platform, making it easier for OP Life Assurance to convert new business, increase partner engagement, and ensure customer retention.

Jutro enables insurers to reduce time‑to‑market by letting them update products and features once, then instantly expose those changes across all digital intake points and partner channels. With its built-in design system, it allows rapid design, testing and deployment of customer‑facing digital journeys without rebuilding underlying infrastructure. Guidewire partner CGI supported the latest OP Life Assurance implementation process.

OP Life Assurance Deputy CEO, Katja Taponen, said: “Less than 10% of Finns currently have life insurance, indicating a significant protection gap among our consumers. We wanted to bridge this gap by making a simple, clear life insurance product offering available to our customers through various digital channels.

“We are proud to be the first life insurance company to go live with Guidewire, which has helped us to realise our ambition of innovation in IT thanks to the Guidewire Cloud Platform and Jutro Digital Platform. Now, customers can purchase the new life insurance as well as covers for critical illness and temporary or permanent disability not only through our digital channel but also from insurance sales agents.”

Will McAllister, Senior Vice President and Managing Director of EMEA at Guidewire, said: “This milestone for OP Life Assurance is testament to the partnership that we have developed in recent years and the hard work of all the teams involved. OP Life Assurance is among a growing number of insurers that are using Jutro to tap into new sales channels, reducing the risk of forfeiting market share to competitors. It enables insurers to build apps that are reusable and brandable, plus any experience that customers build with Jutro has native integration to Guidewire’s core policy, claims and billing system. We look forward to continuing to support OP Life Assurance on the transformation journey.”

About OP Financial Group and OP Life Assurance

OP Financial Group is Finland’s largest financial services group, with more than two million owner-customers and over 14,000 employees. We provide a comprehensive range of banking and insurance services for personal and corporate customers. OP Financial Group consists of OP cooperative banks, its central cooperative OP Cooperative, and the latter's subsidiaries and affiliates. Our mission is to promote the sustainable prosperity, security and wellbeing of our owner-customers and operating region. Together with our owner-customers, we have been building Finnish society and a sustainable future for 120 years now. www.op.fi

OP Life Assurance Ltd provides life insurance services, services for saving through insurance, and pension solutions for businesses. Its mission is to prompt and help customers to prepare for their own and their families’ future.

About Guidewire Software

Guidewire is the platform P&C insurers trust to engage, innovate, and grow efficiently. More than 570 insurers in 43 countries, from new ventures to the largest and most complex in the world, rely on Guidewire products. With core systems leveraging data and analytics, digital, and artificial intelligence, Guidewire defines cloud platform excellence for P&C insurers.

We are proud of our unparalleled implementation record, with 1,700+ successful projects supported by the industry’s largest R&D team and SI partner ecosystem. Our marketplace represents the largest partner community in P&C, where customers can access hundreds of applications to accelerate integration, localization, and innovation.

For more information, please visit www.guidewire.com and follow us on X and LinkedIn.

NOTE: For information about Guidewire’s trademarks, visit https://www.guidewire.com/legal-notices.
2025-10-09 08:02 6mo ago
2025-10-09 03:10 6mo ago
Tesla's New Robotaxi-Ready Models Strengthen the Bull Case for the Stock stocknewsapi
TSLA
Cheaper vehicle trims with the latest self-driving hardware could widen Tesla's addressable market and feed its autonomy ambitions.

After a tough first half of 2025, Tesla (TSLA 1.32%) is back in the spotlight. The company recently posted record third-quarter deliveries, and this week it unveiled "Standard" versions of the Model 3 and Model Y.

The electric-vehicle maker's timely launch of models priced below $40,000 may not only help sales trends in the near term, but it will also put more vehicles with self-driving technology on the road. This is important because Tesla is currently piloting an autonomous ride-sharing service called Robotaxi, which the company will eventually allow customers to deploy their self-driving-equipped cars into the fleet as part of a revenue-sharing program. In other words, these cheaper models -- assuming they help the company sell more vehicles -- are ultimately expanding the reach of the company's future Robotaxi service.

Image source: Getty Images.

Lower entry prices, same autonomy technology
On Tuesday, Tesla added new Standard variants to its two best-selling vehicles. These new standard versions of Model Y and Model 3, which can both drive over 300 miles on a single charge, boast starting prices of $39,990 and $36,990, respectively. Importantly, these trims ship with Tesla's camera-based hardware platform, which enables Full Self-Driving (Supervised) -- a feature that customers can activate via a subscription. In other words, even the lower-priced versions keep buyers on the same autonomy-ready path as premium trims.

Cheaper, self-driving-equipped models enhance the bull case for Tesla stock for two reasons.

First, affordability expands the pool of potential buyers. Cheaper entry points can nudge potential buyers who were unsure and could even potentially attract entirely new prospective customers. Additionally, the lower price is particularly relevant after the recent expiration of the federal $7,500 electric vehicle tax credit.

Second, every new car delivered with the latest self-driving hardware grows the base of vehicles that could eventually be deployed in Tesla's robotaxi network (when the software is ready and regulations allow). And on this note, Tesla's limited pilot of the Robotaxi program in Austin today shows that this isn't just a Tesla shareholder pipedream anymore; real-world testing is underway, even if it is still restricted.

A key catalyst
Recently, Tesla posted shocking third-quarter delivery numbers that obliterated analyst estimates. Vehicles during the period came in at about 497,100 -- a company record and up more than 7% year over year.

But there's a downside to posting such a good Q3. Deliveries for the quarter, which were positively impacted by a pull-forward in demand as customers scrambled to buy a Tesla before the $7,500 electric vehicle credit expired on Sep. 30, far exceeded production. The company produced a total of 447,450 units during the quarter (compared to deliveries of more than 497,000). This lag, combined with the lack of a $7,500 incentive, will likely weigh on fourth-quarter deliveries.

Thankfully, however, Tesla's new standard versions of Model Y and Model 3 should help offset at least some of the challenges associated with demand for the quarter (whether they help contribute to the period's production and delivery numbers is unclear).

Importantly, investors should note that though these new standard models are available to order today, the first deliveries won't occur until later this year. For the new standard Model Y, Tesla's website shows availability beginning in the November to December timeframe. The website shows standard Model 3 availability beginning in the December 2025 to January 2026 timeframe.

While it's unclear how much the two new models will help Q4, one thing is clear: They'll almost certainly help boost volume in 2026 -- and their included self-driving hardware means they will help grow the company's Robotaxi-ready fleet. Ultimately, lower-priced, robotaxi-ready Tesla models support the long-term investment case for the growth stock. Lower entry points can accelerate fleet growth and shipping autonomy-capable hardware across that fleet bolsters the software monetization opportunity.

But there are some key risks for investors to keep in mind. The Robotaxi pilot is still limited in scope, and it's always possible that its rollout and the required regulatory approvals take longer than expected. Additionally, lower-cost models could pressure Tesla's profit margins. And finally, Tesla's valuation is high, with shares trading at more than 250 times earnings as of this writing. This means that much of the excitement surrounding lower-cost models, self-driving technology, and Robotaxi is already priced in.

Daniel Sparks and/or his clients have positions in Tesla. The Motley Fool has positions in and recommends Tesla. The Motley Fool has a disclosure policy.
2025-10-09 08:02 6mo ago
2025-10-09 03:13 6mo ago
HSBC shares slide 6% from peaks on Hang Seng buyout move stocknewsapi
HSBC
By Reuters

October 9, 20257:17 AM UTCUpdated ago

Item 1 of 2 A man walks past a HSBC bank branch in the City of London, Britain November 12, 2014. REUTERS/Stefan Wermuth

[1/2]A man walks past a HSBC bank branch in the City of London, Britain November 12, 2014. REUTERS/Stefan Wermuth Purchase Licensing Rights, opens new tab

Oct 9 (Reuters) - HSBC

(HSBA.L), opens new tab shares fell 6% in London from near record levels after the British bank announced plans to buy out minorities in its majority-held Hang Seng Bank

(0011.HK), opens new tab subsidiary in a deal worth around $13.6 billion.

"While strategic rationale is compelling, and this seems a sensible overall use of capital, we expect investors will query why now and at this price," Citi analyst Andrew Coombs wrote.

Sign up here.

Hang Seng Bank has come under fire for its performance and exposure to property markets in Hong Kong and mainland China.

HSBC was the biggest faller on the FTSE 100

(.FTSE), opens new tab in early morning and set for its largest one-day drop since early April. The stock is still up over 25% so far in 2025.

Reporting by Danilo Masoni; Editing by Amanda Cooper

Our Standards: The Thomson Reuters Trust Principles., opens new tab
2025-10-09 08:02 6mo ago
2025-10-09 03:15 6mo ago
Palantir Stock Investors Just Got Great News From Wall Street stocknewsapi
PLTR
Bank of America analyst Mariana Perez Mora recently raised her target price on Palantir to $215 per share, the highest forecast on Wall Street.

Palantir Technologies (PLTR 0.76%) is one of the most popular artificial intelligence (AI) stocks on the market, especially among retail investors. Shares have advanced 140% year to date, after skyrocketing 340% last year. And the company recently got a big vote of confidence from a Wall Street analyst.

Mariana Perez Mora, who covers aerospace and defense at Bank of America, recently raised her target price to $215 per share, up from $180 per share. Mora's forecast is now the most bullish on Wall Street, and it implies 17% upside from the current share price of $183.

Here's what investors should know about Palantir.

Image source: Getty Images.

Palantir is a leader in artificial intelligence platforms
In her recent note, Bank of America analyst Mariana Perez Mora highlighted two qualities that differentiate Palantir. First, the company uses what it calls forward-deployed engineers (FDEs), developers that work directly with specific clients to build custom solutions. FDEs are a particularly compelling value proposition as more companies look to integrate artificial intelligence into workflows.

Second, Palantir designed its software around an ontology, a framework that serves as the digital twin of an organization. Think of an ontology as a cause-and-effect diagram that uses digital information to define the relationship between physical objects. It lets clients easily troubleshot, automate, and optimize business processes with artificial intelligence.

In short, whereas most analytics tools are built around data, Palantir designed its software around a decision-making framework. Chief Technology Officer Shyam Sankar told analysts on the second-quarter earnings call, "Our foundational investments in ontology and infrastructure have positioned us uniquely to deliver on AI demand."

Indeed, Forrester Research ranked Palantir as the technology leader in its most recent report on artificial intelligence and machine learning (ML) platforms, awarding its AIP platform higher scores than similar products from Amazon, Microsoft, and Alphabet. And IDC ranked the company as the market leader in its latest report on decision intelligence software.

Bank of America says Palantir's revenue could reach $18 billion annually by 2030
Palantir currently earns the majority of its revenue from government customers, and that business segment has regained its momentum due to demand for AI among defense and intelligence agencies. Government revenue growth has accelerated in six consecutive quarters and adoption is expanding beyond the U.S.

NATO earlier this year acquired Palantir's Maven Smart System, an AI-powered warfighting platform already used across the U.S. military to improve battlefield targeting and supply chains. More recently, Palantir struck a five-year, 750 million-pound deal with the U.K. Ministry of Defense to help the U.K. military develop AI capabilities. That is the largest government contract outside the U.S. to date.

Mora at Bank of America thinks that momentum will continue as more countries consider the Maven Smart System. She estimates government revenue will reach $8 billion annually by 2030. However, Mora expects commercial revenue to eclipse that figure, reaching $10 billion by the end of the decade, as enterprises choose to buy Palantir's AI operating system rather than build their own.

To summarize, Mora believes demand for artificial intelligence will be a major catalyst for Palantir, pushing total revenue to $18 billion annually by 2030. To put that in context, the company reported $3.4 billion in revenue over the last 12 months, so her forecast implies revenue growth of 35% annually over the next five-plus years.

Palantir is the most expensive stock in the S&P 500 several times over
Palantir is well positioned for future growth. Grand View Research estimates the data analytics market will expand at 29% annually through 2030, driven by demand for artificial intelligence and machine learning tools. As the market leader in decision intelligence software with deep expertise in AI/ML, Palantir is likely to report faster revenue growth than the overall market.

However, that still doesn't justify the current valuation of 134 times sales. For context, the next closest stock in the S&P 500 is AppLovin with a price-to-sales multiple of 39. That means Palantir could lose 70% of its market value and still be the most expensive stock in the index.

Consider this scenario: If Bank of America is correct in forecasting $18 billion in revenue in 2030, Palantir would still trade at 24 times sales by that point if its stock price does not change at all. Only eight stocks in the S&P 500 currently have valuations above 24 times sales, so Palantir would still be one of the most expensive stocks in the index (by current standards) without any share price appreciation in the next five-plus years.

Here's the bottom line: Palantir is an excellent business, but the stock is wildly overvalued. That does not mean shares will decline anytime soon. Palantir could very well reach Mora's target price of $215 per share. But the risk-reward profile is undoubtedly skewed to the downside, so investors should make the prudent choice and look elsewhere. There are plenty of other AI stocks with more favorable risk-reward profiles.

Bank of America is an advertising partner of Motley Fool Money. Trevor Jennewine has positions in Amazon and Palantir Technologies. The Motley Fool has positions in and recommends Alphabet, Amazon, Microsoft, and Palantir Technologies. 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.
2025-10-09 08:02 6mo ago
2025-10-09 03:16 6mo ago
Hang Seng Bank shares surge 30% on HSBC bid to privatise in major HK buyout stocknewsapi
HSNGY
Hang Seng Bank shares surged nearly 30% on Thursday after parent company HSBC Holdings Plc announced plans to take the lender private in a deal valuing it at more than HK$290 billion (over $37 billion).
2025-10-09 08:02 6mo ago
2025-10-09 03:20 6mo ago
Visible Alpha Breakdown Of U.S. Airlines' Third Quarter Earnings Expectations stocknewsapi
AAL ALK DAL JBLU LUV UAL
SummaryUS airlines will kick off third quarter earnings season on October 9, with Delta reporting first, followed by peers through to JetBlue on October 28.Delta Air Lines and United Airlines Holdings are expected to deliver modest revenue growth of 2–3%, underpinned by higher capacity and resilient traffic.Capacity and traffic expectations for Q3 2025 indicate that airlines are maintaining robust passenger volumes, with total revenue passenger miles across major carriers projected at 278.8 billion, while total available seat miles are expected to rise to 328.9 billion.US airlines are poised for moderate earnings, with expectations for Q3 2025 looking considerably weaker than Q3 2024. murat4art/iStock via Getty Images

US airlines will kick off third quarter earnings season on Thursday, October 9, with Delta reporting first, followed by peers through to JetBlue on Tuesday, October 28. Visible Alpha’s consensus estimates highlight mixed expectations across key players in the industry, with

Recommended For You
2025-10-09 08:02 6mo ago
2025-10-09 03:21 6mo ago
Generali's Alleanza and Banca Generali units ink 'insurbanking' deal stocknewsapi
ARZGF ARZGY
The Generali logo is seen on the company's Tower, designed by Iraqi-British architect Zaha Hadidat, at the Milan's CityLife district, Italy November 5, 2018. REUTERS/Stefano Rellandini/File Photo Purchase Licensing Rights, opens new tab

MILAN, Oct 9 (Reuters) - Italy's biggest insurer Generali

(GASI.MI), opens new tab said on Thursday it would start offering the 1.9 million clients of its Alleanza Assicurazioni unit banking products provided by its private banking arm Banca Generali

(BGN.MI), opens new tab.

Generali said its two subsidiaries would strike an "insurbanking" partnership allowing insurer Alleanza's 10,000 agents, of which almost a third are also financial advisers, to offer customers current accounts and investment products.

Sign up here.

Generali said the accord aimed to help Alleanza increase its market share and diversify its sources of revenue, while Banca Generali would develop its asset management business by running the funds Alleanza would start offering its customers through new insurance policies.

Reporting by Valentina Za, editing by Gianluca Semeraro

Our Standards: The Thomson Reuters Trust Principles., opens new tab
2025-10-09 08:02 6mo ago
2025-10-09 03:27 6mo ago
Gerresheimer's shares fall 11% after another outlook cut stocknewsapi
GRRMF
Vials produced by Gerresheimer are displayed at the annual Drug, Chemical & Associated Technologies Association (DCAT) week in New York City, U.S. March 19, 2024. REUTERS/Patrick Wingrove Purchase Licensing Rights, opens new tab

CompaniesOct 9 (Reuters) - Shares in Gerresheimer

(GXIG.DE), opens new tab fell 11% on Thursday, a day after the German packaging and medical equipment maker cut its 2025 guidance for the third time this year.

Its shares were trading at 33.2 euros ($38.58) at 0710 GMT and at the bottom of the German midcap index

(.MDAXI), opens new tab.

Sign up here.

The profit warning comes amid slowing demand for personal care and beauty products that has weighed on consumer goods companies.

Gerresheimer, which makes rounded jars for creams and roll-on bottles for deodorants, expects organic revenues to decline between 2-4% year-on-year, after previously expecting between 0-2% growth.

Its shares have lost almost half of their value since January, also taking a knock from an investigation started by Germany's financial regulator which alleged accounting rule violations.

($1 = 0.8607 euros)

Reporting by Paolo Laudani in Gdansk, Editing by Matthias Williams

Our Standards: The Thomson Reuters Trust Principles., opens new tab
2025-10-09 08:02 6mo ago
2025-10-09 03:29 6mo ago
Zephyr to expand Rocky Mountain footprint with new investment stocknewsapi
ZPHRF
Zephyr Energy PLC (AIM:ZPHR, OTCQB:ZPHRF) has agreed a new investment, picking up a stake in 13 new wells in the US Rocky Mountain region.

The deal is under Zephyr's US$100 million strategic partnership with a US-based investor, and the acquisition will be completed via its Zephyr Hawk LLC vehicle.

It will see the investor fund 100% of the capital investment for the wells, with total capex forecast at around US$2.5 million.

"We believe that these will be the first of many, with additional similar investments already in our existing asset base," said chief executive Colin Harrington.

"Our goal is to drive additional, non-dilutive cash flow growth across our non-operated portfolio, and we look forward to securing further accretive opportunities in due course."
2025-10-09 08:02 6mo ago
2025-10-09 03:30 6mo ago
Where Will Nvidia Be in 5 Years? stocknewsapi
NVDA
The company could see huge gains in market value.

The past five years have been big for Nvidia (NVDA 2.18%). The company saw revenue explode higher, advancing more than 600% over that time period, and the stock price followed as it increased a mind-boggling 1,200%. The reason for this performance is clear: Nvidia got in early on a market that is worth billions of dollars today and may reach the trillion-dollar mark by the end of this decade.

I'm talking about the artificial intelligence (AI) market. Nvidia designed its graphics processing units (GPUs) to suit the needs of AI -- and those high-performance chips so far have been unbeatable. Meanwhile, Nvidia expanded its offerings into other products and services for AI customers to truly accompany them along the entire AI path.

So now the question investors might ask, especially at a time when everyone is talking about the scale-up of AI infrastructure, is: Where will Nvidia be in five years? Let's find out.

Image source: Nvidia.

Fueling major AI tasks
Nvidia spent the past five years building up its AI strengths and its reputation as the place to go for the fastest GPUs around -- speed and general efficiency are important to customers because the faster they complete their AI projects, the sooner they can benefit from them. This has prompted customers, especially big tech players, to pile into Nvidia GPUs. These chips fuel major AI tasks, like the training and inferencing of models, so they are a critical part of any AI data center.

And this brings me to the subject of the infrastructure scale-up -- we're seeing this phase now and it should last into the next few years. In fact, Nvidia chief Jensen Huang expects AI infrastructure spending to reach as much as $4 trillion by the end of the decade. And since data centers need GPUs, Nvidia is likely to win big as companies from Alphabet to Meta Platforms pour more investment into the AI buildout. (Both of these tech giants recently said they were increasing capital spending this year to support their AI investments.)

A commitment to innovation
While Nvidia is serving this demand, it will also do something that's key to maintaining its dominance, and that's releasing GPU updates, from the Vera Rubin system set for release next year to others to follow on an annual basis. This commitment to innovation should make it difficult for rivals to get in the way -- and customers' interest in accessing the most powerful chips available should keep them coming back to Nvidia.

At the same time, other significant projects might unfold. For example, Nvidia's work in robotics may progress, opening the door to what Huang has called a trillion-dollar market.

One of the first significant uses for Nvidia chips in robotics will be in the area of self-driving cars, according to Huang -- Nvidia's chips would train the software and power features in the car. Nvidia is steadily progressing here as it's signed on automakers from Mercedes-Benz to Toyota for its self-driving platforms.

A $10 trillion market cap
All of this could power Nvidia's earnings and share price higher -- even driving this company to $10 trillion in market value as I recently predicted. As I mentioned in that article, Nvidia would have to generate about $380 billion in annual sales in 2030 to keep its price-to-sales ratio in line with today's level.

This is something Nvidia clearly could accomplish, even if growth slows from the pace we've seen in recent quarters. In the latest quarter, revenue climbed 56%, and gains have been in the double- or triple-digits over the past few years. Considering the strong demand right now for Nvidia's GPUs as well as forecasts for AI infrastructure spending, it's unlikely that any slowdown in growth would be extreme.

So, with all of this in mind, where will Nvidia be in five years? I expect the company will continue to see double-digit growth in revenue thanks to its GPUs and related products, and Nvidia may even see significant progress in new growth areas like robotics. All of this could maintain its position as the world's biggest company and push it to a $10 trillion market cap five years from now.

Adria Cimino has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Meta Platforms, and Nvidia. The Motley Fool has a disclosure policy.
2025-10-09 08:02 6mo ago
2025-10-09 03:30 6mo ago
West Red Lake Gold Hits New High-Grade Gold Lens in Lower Main Austin with 139.45 g/t Au over 7.8m, 74.70 g/t Au over 8.7m and 18.31 g/t Au over 7.5m stocknewsapi
WRLGF
VANCOUVER, British Columbia, Oct. 09, 2025 (GLOBE NEWSWIRE) -- West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG) (OTCQB: WRLGF) is pleased to report drill results from its 100% owned Madsen Mine located in the Red Lake Gold District of Northwestern Ontario, Canada.

Shane Williams, President & CEO, stated, “We are only just beginning to get the underground drills into the lower portions of the main Austin Zone and we are already being rewarded with very high-grade, broad intercepts of gold mineralization – very similar to the high-grade lenses we have been defining in South Austin. Our team is the first to get underground drills and mine crews back into these deeper parts of the orebody since this area was historically mined in the 1950’s and early 60’s. As expected, there is significant ounce and tonnage potential remaining at depth in the Madsen orebody. We anticipate continued success in lower Austin as the drills continue to discover and define more lenses of high-grade mineralization adjacent to our active mine development.”

The drill results featured in this news release are focused on the high-grade Austin Zone, which currently contains an Indicated mineral resource of 914,200 ounces (“oz”) grading 6.9 grams per tonne (“g/t”) gold (“Au”), with an additional Inferred resource of 104,900 oz grading 6.5 g/t Au.

These results were drilled from the 12 Level in the Madsen Mine at approximately 600 meters (“m”) depth and demonstrate the potential for discovery of additional high-grade lenses of gold mineralization in the main Austin Zone very similar to those that have already been delineated in the South Austin zone during 2025 (see press releases dated August 12, 2025, May 27, 2025 and February 26, 2025). The lower Austin zone will continue to be a key focus of drilling for the remainder of 2025.

Figure 2 below includes a long section which summarizes the top three intercepts in the Austin 12-4860 station from this current press release, as well as the top three highlights announced in 2025 from infill drilling stations in the new high-grade panel within the South Austin Zone. It’s important to note that the new intercepts in Austin fall along a similar plunge line as those in South Austin suggesting up to 600 meters of continuity within this high-grade panel.

AUSTIN ZONE HIGHLIGHTS:

Hole MM25D-12-4860-004 Intersected 7.75m @ 139.45 g/t Au, from 37.00m to 44.75m, Including 0.6m @ 17.49 g/t Au, from 37.55m to 38.15m, Also including 2m @ 532.25 g/t Au, from 39.15m to 41.15m. This high-grade intercept was complimented by visible gold spatially associated with quartz-pyrrhotite-arsenopyrite veining and strong silicification (Figure 1).

Figure 1. Visible gold showing in hole MM25D-12-4860-004 at 40.8m downhole depth.

Hole MM25D-12-4860-005 Intersected 8.7m @ 74.70 g/t Au, from 37.1m to 45.8m, Including 3m @ 134.58 g/t Au, from 37.1m to 40.1m, Also including 4.9m @ 49.73 g/t Au, from 40.9m to 45.8m.
Hole MM25D-12-4860-002 Intersected 7.45m @ 18.31 g/t Au, from 39.65m to 47.10m, Including 0.5m @ 254.49 g/t Au, from 39.65m to 40.15m.
Hole MM25D-12-4860-006 Intersected 2.95m @ 21.18 g/t Au, from 45.05m to 48.00m, Including 1m @ 57.67 g/t Au, from 46m to 47m.
Hole MM25D-12-4860-009 Intersected 3.9m @ 13.00 g/t Au, from 48.45m to 52.35m, Including 1m @ 44.62 g/t Au, from 50m to 51m.
Visible gold was also observed in holes MM25D-12-4860-001 and -007 within significant intercepts as outlined below in Table 1.
TABLE 1. Significant intercepts (>3 g/t Au) from drilling at Austin Zone.

Hole IDTargetFrom (m)To (m)Length (m)*Au (g/t)MM25D-12-4860-001Austin47.0048.001.004.75AND     Austin
52.2057.004.805.19Incl.     54.0055.001.0013.92AND     Austin77.5078.501.003.72AND     Austin87.0088.301.304.99MM25D-12-4860-002Austin
39.6547.107.4518.31Incl.     39.6540.150.50254.49AND     Austin
50.1052.702.607.50Incl.     50.1051.201.1015.49MM25D-12-4860-003Austin40.0046.856.853.44MM25D-12-4860-004Austin
37.0044.757.75139.45Incl.     37.5538.150.6017.49Also Incl.     39.1541.152.00532.25MM25D-12-4860-005Austin
37.1045.808.7074.70Incl.     37.1040.103.00134.58Also Incl.     40.9045.804.9049.73AND     Austin46.8047.300.504.30MM25D-12-4860-006Austin
36.2039.002.804.92Incl.     37.7038.250.5510.24AND     Austin
45.0548.002.9521.18Incl.     46.0047.001.0057.67AND     Austin50.0051.001.003.77MM25D-12-4860-007Austin57.0058.001.007.16MM25D-12-4860-008Austin49.0049.800.803.19AND     Austin53.0053.500.503.44MM25D-12-4860-009Austin42.7043.200.504.87AND     Austin45.5046.000.505.54AND     Austin
48.4552.353.9013.00Incl.     50.0051.001.0044.62MM25D-12-4860-010Austin
40.0041.751.757.92Incl.     40.0040.850.8511.43AND     Austin44.0044.950.953.95AND     Austin54.3555.300.953.36MM25D-12-4860-011Austin38.9540.001.055.45AND     Austin43.0044.001.004.14AND     Austin52.8053.550.753.46MM25D-12-4860-012Austin41.7542.350.605.03AND     Austin58.8560.201.355.16MM25D-12-4860-013Austin
49.3553.454.106.72Incl.     50.6551.150.5010.03MM25D-11-4420-014Austin55.1056.351.253.56AND     Austin62.9563.850.903.64MM25D-11-4420-015Austin
62.0064.702.709.39Incl.     62.9063.750.8518.30AND     Austin66.2068.001.803.79 *The “From-To” intervals in Table 1 are denoting overall downhole length of the intercept. True thickness has not been calculated for these intercepts but is expected to be ≥ 70% of downhole thickness based on intercept angles observed in the drill core. Internal dilution for composite intervals does not exceed 1m for samples grading <0.1 g/t Au.  TABLE 2: Drill collar summary for holes reported in this News Release.

Hole IDTargetEastingNorthingElev (m)Length (m)AzimuthDipMM25D-12-4860-001Austin4358655646717-15093.00904MM25D-12-4860-002Austin4358655646716-15090.00973MM25D-12-4860-003Austin4358655646716-15090.001043MM25D-12-4860-004Austin4358645646716-15090.001103MM25D-12-4860-005Austin4358655646716-15090.001152MM25D-12-4860-006Austin4358655646716-15067.501203MM25D-12-4860-007Austin4358655646716-15191.8095-2MM25D-12-4860-008Austin4358655646716-15190.0099-4MM25D-12-4860-009Austin4358655646716-15190.00105-4MM25D-12-4860-010Austin4358655646716-15190.40111-4MM25D-12-4860-011Austin4358645646716-15175.00118-3MM25D-12-4860-012Austin4358645646716-15178.00123-3MM25D-12-4860-013Austin4358655646717-15193.0096-9MM25D-12-4860-014Austin4358655646717-151120.0097-16MM25D-12-4860-015Austin4358655646716-151117.0098-18  DISCUSSION

Like the other mineralized domains that comprise the Madsen Mine, the Austin structures are hosted within broad, kilometer-scale planar alteration and deformation corridors that have been repeatedly reactivated during gold mineralization and subsequent deformation and metamorphism.

At the deposit scale the Austin, South Austin, North Austin, and McVeigh Zones are locally folded and structurally dismembered by transposition and rotation into the penetrative S2 Foliation. In addition to this intense deformation overprint, the mineralized veins and alteration have been subjected to the relatively high temperatures of amphibolite facies metamorphism, which led to extensive recrystallization and growth of the skarn-like replacement mineral assemblage of diopside-amphibole-quartz-biotite.

All significant gold mineralization on the mine property is demonstrably early relative to the most significant, penetrative deformation (D2) and metamorphic events. The North Austin Zone displays ‘mine-style’ alteration and mineralization and consists of multiple mineralized domains defined over a strike length of 0.5km. Mineralization remains open at depth and along strike to the northeast.

In drill core, or at underground face exposures, gold-bearing zones at the Madsen Mine are best identified visually by fine (sub-millimetre) grains of free gold within strong alteration and veining. All high-grade intervals generally contain visible gold on drill core exteriors, although numerous examples exist of high-grade assays where visible gold was only identified within the interior (cut surface) of the core samples. Apart from the presence of free gold, pervasive silicification (locally accompanied by discrete quartz veining) and quartz-carbonate or diopside veining are the best indicators that a given interval is within a high-grade zone along/within the mineralized structure.

The current underground drilling program at the Madsen Mine is focused on further definition of near-term mining inventory, as well as growth of the current mineral resource. Drilling has been focused on the more continuous and higher-grade portions of the Austin, South Austin, North Austin and McVeigh Zones. This will continue to be the strategy through 2025.

High resolution versions of all the figures contained in this press release can be found at the following web link: https://westredlakegold.com/october-9th-nr-figures/.

FIGURE 2. Long section highlighting top three intercepts from current press release in 12-4860 Austin. Figure also highlights previously announced 2025 results from South Austin. New South Austin high-grade panel has been outlined in red[1].

[1] Mineral resources are estimated at a cut-off grade of 3.38 g/t Au and a gold price of US1,800/oz. Please refer to the technical report entitled “NI 43-101 Technical Report and Prefeasibility Study for the Madsen Mine, Ontario, Canada”, prepared by SRK Consulting (Canada) Inc. and dated January 7, 2025. A full copy of the SRK report is available on the Company’s website and on SEDAR+ at www.sedarplus.ca.

FIGURE 3. Austin plan view drill section showing assay highlights for Holes MM25D-12-4860-001 through -015.

FIGURE 4. Austin section view showing assay highlights for Holes MM25D-12-4860-001, -007 and -013.

FIGURE 5. Austin section view showing assay highlights for Holes MM25D-12-4860-002, -008, -014 and -015.

FIGURE 6. Austin section view showing assay highlights for Holes MM25D-12-4860-003 and -009.

FIGURE 7. Austin section view showing assay highlights for Holes MM25D-12-4860-004 and -010.

FIGURE 8. Austin section view showing assay highlights for Holes MM25D-12-4860-005 and -011.

FIGURE 9. Austin section view showing assay highlights for Holes MM25D-12-4860-006 and -012.

QUALITY ASSURANCE/QUALITY CONTROL

Drilling completed underground at the Madsen Mine consists of BQ-sized diamond drill core for definition drill programs and oriented NQ-sized diamond drill core for exploration focused drilling. All drill holes are systematically logged, photographed, and sampled by a trained geologist at the Madsen Mine core processing facility. Minimum allowable sample length is 0.5m. Maximum allowable sample length is 1.5m. Control samples (certified standards and uncertified blanks), along duplicates, are inserted at a target 5% insertion rate. Results are assessed for accuracy, precision, and contamination on an ongoing basis. The BQ-sized drill core is whole core sampled. The NQ-sized drill core is then cut lengthwise utilizing a diamond blade core saw along a line pre-selected by the geologist. To reduce sampling bias, the same side of drill core is sampled consistently utilizing the orientation line as reference. For those samples containing visible gold (“VG”), a trained geologist supervises the cutting/bagging of those samples, and ensures the core saw blade is ‘cleaned’ with a dressing stone following the VG sample interval. Bagged samples are then sealed with zip ties and transported by Madsen Mine personnel directly to SGS Natural Resource’s Facility in Red Lake, Ontario for assay.

Samples are then prepped by SGS, which consists of drying at 105°C and crushing to 75% passing 2mm. A riffle splitter is then utilized to produce a 500g course reject for archive. The remainder of the sample is then pulverized to 85% passing 75 microns from which 50g is analyzed by fire assay and an atomic absorption spectroscopy (AAS) finish (SGS Code GO-FAA50V10). Samples returning gold values > 100 g/t Au are reanalyzed by fire assay with a gravimetric finish on a 50g sample (SGS Code GO_FAG50V). Samples with visible gold are also analyzed via metallic screen analysis (SGS code: GO_FAS50M). For multi-element analysis, samples are sent to SGS’s facility in Burnaby, British Columbia and analyzed via four-acid digest with an atomic emission spectroscopy (ICP-AES) finish for 33-element analysis on 0.25g sample pulps (SGS code: GE_ICP40Q12). SGS Natural Resources analytical laboratories operates under a Quality Management System that complies with ISO/IEC 17025.

The Madsen Mine deposit presently hosts a National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) Indicated resource of 1.65 million ounces (“Moz”) of gold grading 7.4 g/t Au within 6.9 Mt, and an Inferred resource of 0.37 Moz of gold grading 6.3 g/t Au within 1.8 Mt. Mineral resources are estimated at a cut-off grade of 3.38 g/t Au and a gold price of US$1,800/oz. Mineral resources as stated are inclusive of mineral reserves. Mineral resources that are not mineral reserves do not have demonstrated economic viability. The Madsen Mine also contains Probable reserves of 478 thousand ounces (“koz”) of gold grading 8.16 g/t Au within 1.87 Mt. Mineral reserve estimates are based on a gold price of US$1,680/oz. Please refer to the technical report entitled “NI 43-101 Technical Report and Prefeasibility Study for the Madsen Mine, Ontario, Canada”, prepared by SRK Consulting (Canada) Inc. and dated January 7, 2025 (the “Madsen Report”). The Madsen Resource Estimate has an effective date of December 31, 2021, and excludes depletion of mining activity during the period from January 1, 2022, to the mine closure on October 24, 2022, as it has been deemed immaterial and not relevant for the purpose of the Madsen Report. A full copy of the Madsen Report is available on the Company’s website and on SEDAR+ at www.sedarplus.ca.

The technical information presented in this news release has been reviewed and approved by Will Robinson, P.Geo., Vice President of Exploration for West Red Lake Gold and the Qualified Person for exploration at the West Red Lake Project, as defined by NI 43-101 “Standards of Disclosure for Mineral Projects”.

ABOUT WEST RED LAKE GOLD MINES

West Red Lake Gold Mines Ltd. is a mineral exploration company that is publicly traded and focused on advancing and developing its flagship Madsen Gold Mine and the associated 47 km2 highly prospective land package in the Red Lake district of Ontario. The highly productive Red Lake Gold District of Northwest Ontario, Canada has yielded over 30 million ounces of gold from high-grade zones and hosts some of the world's richest gold deposits. WRLG also holds the wholly owned Rowan Property in Red Lake, with an expansive property position covering 31 km2 including three past producing gold mines - Rowan, Mount Jamie, and Red Summit.

ON BEHALF OF WEST RED LAKE GOLD MINES LTD.

“Shane Williams”

Shane Williams
President & Chief Executive Officer

FOR FURTHER INFORMATION, PLEASE CONTACT:

Gwen Preston
Vice President Communications
Tel: (604) 609-6132
Email: [email protected] or visit the Company’s website at https://www.westredlakegold.com

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.

CAUTIONARY STATEMENT AND FORWARD-LOOKING INFORMATION

Certain statements contained in this news release may constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking information generally can be identified by words such as “anticipate”, “expect”, “estimate”, “forecast”, “planned”, and similar expressions suggesting future outcomes or events. Forward-looking information is based on current expectations of management; however, it is subject to known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from the forward-looking information in this news release and include without limitation, statements relating to the potential production of mining operations at the Madsen Mine; any untapped growth potential in the Madsen deposit or Rowan deposit; and the Company’s future objectives and plans. Readers are cautioned not to place undue reliance on forward-looking information.

Forward-looking information involves numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking information. These risks and uncertainties include, among other things, market volatility; the state of the financial markets for the Company’s securities; fluctuations in commodity prices; and changes in the Company’s business plans. Forward-looking information is based on a number of key expectations and assumptions, including without limitation, that the Company will continue with its stated business objectives and its ability to raise additional capital to proceed. Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking information. Accordingly, readers should not place undue reliance on forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Additional information about risks and uncertainties is contained in the Company’s management’s discussion and analysis for the year ended December 31, 2024, and the Company’s annual information form for the year ended December 31, 2024, copies of which are available on SEDAR+ at www.sedarplus.ca.

The forward-looking information contained herein is expressly qualified in its entirety by this cautionary statement. Forward-looking information reflects management’s current beliefs and is based on information currently available to the Company. The forward-looking information is made as of the date of this news release and the Company assumes no obligation to update or revise such information to reflect new events or circumstances, except as may be required by applicable law.

For more information on the Company, investors should review the Company’s continuous disclosure filings that are available on SEDAR+ at www.sedarplus.ca.

Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/66b934e1-dde8-43fd-8632-c266f913bce9
https://www.globenewswire.com/NewsRoom/AttachmentNg/1613810a-4232-474c-86b3-f9bdcbaee13b
https://www.globenewswire.com/NewsRoom/AttachmentNg/8b38807b-9d25-47cb-9c3d-13176f1c080c
https://www.globenewswire.com/NewsRoom/AttachmentNg/907c8de5-c468-4f7a-9a31-8f0f4ea6ddb1
https://www.globenewswire.com/NewsRoom/AttachmentNg/34fc7a3e-9ce8-4ff9-8134-3f1d1ae86860
https://www.globenewswire.com/NewsRoom/AttachmentNg/d6b8d427-f9f1-40df-90f4-cf4f9d301788
https://www.globenewswire.com/NewsRoom/AttachmentNg/0b4a4ffd-fa15-49a5-9c2b-c434a7b5c75b
https://www.globenewswire.com/NewsRoom/AttachmentNg/815fcfc7-1d3f-4cea-8e16-f52817271875
https://www.globenewswire.com/NewsRoom/AttachmentNg/2f1ba193-7492-4979-9243-348b594c3187
https://www.globenewswire.com/NewsRoom/AttachmentNg/f8d1007a-22b2-441b-973d-ff608bcde579
2025-10-09 08:02 6mo ago
2025-10-09 03:30 6mo ago
YLD: A Step Ahead Of Traditional High-Yield ETFs stocknewsapi
YLD
SummaryYLD joins the boom of active ETFs, presenting itself as a solution in the high-yield field, a segment that, in my opinion, must be approached actively.YLD employs a concentrated, high-conviction credit selection strategy, focusing on B/BB-rated bonds and selective CCC exposure to generate alpha.It does so by keeping a duration anchored to the benchmark, but actively selecting securities within the reference credit pool.This has generated an outperformance, especially on the price return: an element that, in my opinion, reflects a certain credit screening ability, despite working for 20% in the CCC segment. PM Images/DigitalVision via Getty Images

I really appreciate the wave of actively managed ETFs in recent years.

Sure, for some ETFs it’s just an excuse to increase the Total Expense Ratio (TER), but in some segments, in my opinion, real

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

The author expresses only personal opinions and does not provide financial advice. The content is for informational purposes only and should not be considered as investment recommendations. The author assumes no responsibility for any investment decisions made based on this article. Always conduct your own research or consult with a financial advisor before making any investment choices. The author makes no guarantees regarding the data, and the user agrees that the author shall not be held liable for the user's use of the data.

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

Recommended For You
2025-10-09 08:02 6mo ago
2025-10-09 03:40 6mo ago
HSBC stock slumps after $14 billion bet on Hong Kong — at a hefty premium stocknewsapi
HSBC
HomeIndustriesPublished: Oct. 9, 2025 at 3:40 a.m. ET

HSBC said it's trying to buy the shares of Hang Seng Bank that it doesn't already hold at a 30% premium. Photo: peter parks/Agence France-Presse/Getty ImagesHSBC Holdings on Thursday said it was offering a 30% premium to buy just over the one-third of Hang Seng Bank it didn’t already own.

The offer of HK$155 per share, entirely in cash, would boost HSBC earnings as it would remove the minority interest earnings deduction from Hang Seng Bank, the U.K.-based bank said. In the first half, Hong Kong represented at least 30% of HSBC’s profits before tax.

About the Author

Steven Goldstein is based in London and responsible for MarketWatch's coverage of financial markets in Europe, with a particular focus on global macro and commodities. Previously, he was Washington bureau chief, directing MarketWatch's economic, political and regulatory coverage. Follow Steve on Twitter: @MKTWgoldstein.

Partner Center
2025-10-09 08:02 6mo ago
2025-10-09 03:44 6mo ago
Cipher Mining Stock Soars 7% After-Hours On Phase 1 Completion Of Mega Mining Data Center stocknewsapi
CIFR
Cipher Mining, Inc. (NASDAQ:CIFR) shares soared in Wednesday's after-hours trading as the Bitcoin (CRYPTO: BTC) mining firm confirmed the completion of the first phase of its ambitious Black Pearl data center.

CIFR is poised for a potential breakout. See what is driving the movement here.

CIFR Stock Soars After Operational MilestonesThe stock jumped over 7% after the market’s close, extending its double-digit rally from the regular trading session.

Cipher confirmed that Phase I of its Black Pearl facility in Texas is complete, delivering 10.1 exahashes per second of self-mining hashrate. The company achieved an operating hashrate of 23.6 EH/s.

See Also: Bitcoin (BTC) Price Predictions: 2025, 2026, 2030

Additionally, it reported mining approximately 251 BTC in September, including 19 BTC produced through joint-venture data centers.

Cipher, having a market capitalization of $6.89 billion, builds and operates industrial-scale data centers for BTC mining and high-performance computing activities.

Price Action: At the time of writing, BTC was exchanging hands at $122,038.50, up 0.33% in the last 24 hours, according to data from Benzinga Pro.

Shares of Cipher rallied 7.16% in after-hours trading after closing 11.75% higher at $17.60 during Wednesday’s regular trading session. The stock has skyrocketed nearly 280% in 2025.

CIFR demonstrated a very high Momentum score as of this writing. Want to know how it compares to larger Bitcoin mining companies such as MARA Holdings Inc. (NASDAQ:MARA)? Visit Benzinga Edge Stock Rankings.

Read Next: 

Bitcoin To Reach $750,000 In The Next 5 Years, Pantera Capital's Dan Morehead Says
Photo courtesy: Shutterstock

Market News and Data brought to you by Benzinga APIs

© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
2025-10-09 08:02 6mo ago
2025-10-09 03:51 6mo ago
TSMC revenues beat forecasts as AI drives demand stocknewsapi
TSM
Chip-making colossus Taiwan Semiconductor Manufacturing Co (NYSE:TSM) said its revenues for the third quarter were up 30% on last year, beating the average analyst forecast, as the artificial intelligence market drove demand.

Revenue for September came in at T$330.98 billion (US$10.85 billion), down 1.4% from August 2025 but an increase of 31.4% on a year earlier, powered by production of microchips in extremely high volumes for customers led by Apple, Nvidia, Qualcomm, AMD, Broadcom and Intel.

For the nine months of the year to date, revenue totalled T$2.763 trillion (US$90.53 billion), which is 36.4% higher than the same period in 2024.

For the third quarter, revenue came to T$989.92 billion (US$32.47 billion), according to Reuters.

Analysts were expecting revenues of T$973.26 billion, on average, per LSEG data, while TSMC guided to a Q3 range of $31.8 billion to $33 billion in July.

TSMC said it will report full quarterly earnings on October 16, including new guidance.

In July, the company's Taipei-listed shares closed above a US$1 trillion market valuation, propelled by booming demand for chips used in AI, joining the ranks of the world’s most valuable companies alongside Nvidia, Apple, Alphabet and Meta.
2025-10-09 08:02 6mo ago
2025-10-09 03:52 6mo ago
Target Corporation Still Lacks Growth Drivers, But Valuation Has Already Priced In Too Many Risks stocknewsapi
TGT
SummaryTarget Corporation is upgraded to a cautious buy as valuation becomes increasingly attractive despite ongoing headwinds and muted growth prospects.TGT trades at historically low multiples, with downside risks likely priced in, and offers a compelling 5.12% dividend yield supported by sustainable payouts.Recent quarters show stabilizing sales declines and robust fundamentals, including strong cash flow, prudent debt management, and improving product category trends.Technicals remain bearish, but overselling has created new buying opportunities, making TGT appealing for value-focused investors seeking long-term upside.Getty Images

The price of Target Corporation (NYSE:TGT) has already dropped by 16% since my initial coverage more than two months ago. This justifies my cautious stance and hold rating even if the stock has already plunged by nearly

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in TGT over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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

Recommended For You
2025-10-09 08:02 6mo ago
2025-10-09 04:00 6mo ago
Share Buyback Transaction Details October 2 – October 8, 2025 stocknewsapi
WTKWY
PRESS RELEASE                                        

Share Buyback Transaction Details October 2 – October 8, 2025

Alphen aan den Rijn – October 9, 2025 - Wolters Kluwer (Euronext: WKL), a global leader in professional information solutions, software and services, today reports that it has repurchased 405,600 of its own ordinary shares in the period from October 2, 2025, up to and including October 8, 2025, for €45.5 million and at an average share price of €112.30.

These repurchases are part of the share buyback program announced on February 26, 2025, under which we intend to repurchase shares for €1 billion during 2025.

The cumulative amounts repurchased in the year to date under this program are as follows:

Share Buyback 2025

PeriodCumulative shares repurchased in period Total consideration
(€ million)Average share price
(€)2025 to date 6,137,291854.8139.28 For the period starting July 31, 2025, up to and including November 3, 2025, we have engaged a third party to execute €363 million of buybacks on our behalf, within the limits of relevant laws and regulations (in particular Regulation (EU) 596/2014) and the company’s Articles of Association.

Shares repurchased are added to and held as treasury shares and will be used for capital reduction purposes through share cancelation.

Further information is available on our website:

Download the share buyback transactions excel sheet for detailed individual transaction information.Weekly reports on the progress of our share repurchases.Overview of share buyback programs. For more information about Wolters Kluwer, please visit: www.wolterskluwer.com.

###

About Wolters Kluwer

Wolters Kluwer (EURONEXT: WKL) is a global leader in information solutions, software and services for professionals in healthcare; tax and accounting; financial and corporate compliance; legal and regulatory; corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services.

Wolters Kluwer reported 2024 annual revenues of €5.9 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 21,900 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.

Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX, Euro Stoxx 50 and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt (ADR) program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY).

For more information, visit www.wolterskluwer.com, follow us on LinkedIn, Facebook, YouTube and Instagram.

MediaInvestors/AnalystsStefan KloetMeg GeldensAssociate DirectorVice PresidentGlobal CommunicationsInvestor Relations  [email protected]@wolterskluwer.com Forward-looking Statements and Other Important Legal Information
This report contains forward-looking statements. These statements may be identified by words such as “expect”, “should”, “could”, “shall” and similar expressions. Wolters Kluwer cautions that such forward-looking statements are qualified by certain risks and uncertainties that could cause actual results and events to differ materially from what is contemplated by the forward-looking statements. Factors which could cause actual results to differ from these forward-looking statements may include, without limitation, general economic conditions; conditions in the markets in which Wolters Kluwer is engaged; conditions created by pandemics; behavior of customers, suppliers, and competitors; technological developments; the implementation and execution of new ICT systems or outsourcing; and legal, tax, and regulatory rules affecting Wolters Kluwer’s businesses, as well as risks related to mergers, acquisitions, and divestments. In addition, financial risks such as currency movements, interest rate fluctuations, liquidity, and credit risks could influence future results. The foregoing list of factors should not be construed as exhaustive. Wolters Kluwer disclaims any intention or obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Elements of this press release contain or may contain inside information about Wolters Kluwer within the meaning of Article 7(1) of the Market Abuse Regulation (596/2014/EU). Trademarks referenced are owned by Wolters Kluwer N.V. and its subsidiaries and may be registered in various countries.

2025.10.09 Share Buyback Transactions Oct 2 - 8 2025
2025-10-09 07:02 6mo ago
2025-10-09 02:00 6mo ago
Solana Market Analysis: $2.8B Revenue Milestone Fuels Bullish Case Despite Recent Pullback cryptonews
SOL
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Solana (SOL) slipped to $221 at press time, down 3.9% in the last 24 hours after failing to hold above $230. The move follows a quick retrace from this week’s $238 high and a break below the 100-hour MA near $225.

Near term, traders are watching $218–$212 as the first support band (deeper bids near $210–$215), while $230–$235 caps rebounds, with a heavier $245–$250 supply zone above.

If bulls reclaim $230 on strong volume, momentum could re-target $245; a daily close below $212 risks a slide toward $200. Despite the dip, SOL continues to print higher-lows on the multi-week trend, keeping the broader uptrend viable.

SOL's price trends sideways on the daily chart. Source: SOLUSD on Tradingview
$2.8B Annual Solana Revenue Supports Fundamental Strength
Beyond price, Solana’s fundamentals are flashing green. A new analyst report tallies $2.85 billion in annualized on-chain revenue over the past year, $240 million per month on average, peaking at $616 million in January during the memecoin frenzy.

Trading platforms are the flywheel, contributing 30% ($1.12B), with apps like Photon and Axiom at times generating $260M in a single month. Thanks to sub-$0.01 fees and high throughput, Solana’s revenue run-rate has outpaced Ethereum’s early-cycle trajectory and coincides with 1.2–1.5 million daily active addresses.

DeFi metrics back the story; $13B TVL, 6x YoY growth in stablecoin volumes, and >$500M in tokenized RWA activity signal of durable, non-speculative usage. Upcoming performance upgrades (e.g., Firedancer) aim for dramatic latency and throughput gains, reinforcing the network’s moat for high-frequency DeFi.

Institutional Access, SOL ETFs, and the Q4 Setup
Institutional participation is also expanding on multiple fronts. Public balance sheets reportedly hold $4B in SOL, while staking-enabled trust products and pending U.S. spot SOL ETF applications (from issuers including Fidelity, VanEck, Grayscale, Franklin Templeton, 21Shares, and Bitwise) could unlock the next leg of demand.

Several filings face October deadlines, and prediction markets handicap a very high probability of approval by year-end. In the near term, price may remain choppy as leverage resets across crypto, but Solana’s revenue scale, user growth, and pipeline of upgrades provide a sturdy backdrop.

For traders, the roadmap is straightforward: hold $218–$212 to preserve the bullish structure; flip $230, then $245, to revive momentum. For long-term investors, the multi-billion-dollar revenue milestone and rising institutional rails keep the $300+ debate alive once risk appetite returns.

Cover image from ChatGPT, SOLUSD chart from Tradingview

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
2025-10-09 07:02 6mo ago
2025-10-09 02:00 6mo ago
Digital Asset Treasury Firm Helius Plans to Acquire 5% of Solana Worth Over $6 Billion: Report cryptonews
SOL
The success of a DAT relies on a “technically sound currency” and a “strong management team,” said Joseph Chee, who heads Helius Solana Company (HSDT).
2025-10-09 07:02 6mo ago
2025-10-09 02:02 6mo ago
TRUMP Coin ETF appears on DTCC list but token remains 90% below all-time high cryptonews
$TRUMP
Canary Capital’s spot Trump Coin ETF is the latest to be added to the Depository Trust & Clearing Corporation’s National Securities Clearing Corporation list ahead of a potential approval.

Summary

Canary Capital’s Trump Coin ETF has been added to the DTCC clearing list.
TRUMP price briefly rallied earlier in the day but failed to regain momentum.

DTCC updated its clearing list on Oct. 9 to add the Trump Coin ETF under the ticker TRPC, completing a key operational step in the ETF launch process. With this in place, the only regulatory hurdle remaining is approval from the U.S. Securities and Exchange Commission, which would officially clear the product for trading in U.S. markets.

DTCC’s National Securities Clearing Corporation list | Source: DTCC
For those unaware, the DTCC is a major clearing and settlement provider for U.S. securities that handles the post-trade processes for exchange-traded funds, including clearing, settlement, and custody.

Over the past months, a number of altcoin-linked ETFs from issuers such as Fidelity Investments and Canary Capital have been added to the DTCC’s eligible securities list, including proposed products tied to Solana, XRP, Polkadot, Hedera, and Sui. 

However, even as the industry remains optimistic that most of these altcoin ETFs will eventually receive the green light, progress has stalled due to the ongoing U.S. government shutdown. 

TRUMP price fails to pick up pace
Canary Capital filed its S-1 registration for a spot ETF tracking the Official Trump meme coin in late August, aiming to offer institutional investors exposure to the politically themed meme coin that has been publicly endorsed by the Trump family and promoted by President Donald Trump himself.

More recently, unnamed sources have reported that Fight Fight Fight LLC, the issuer of the TRUMP meme coin, is looking to raise funds to establish a digital asset treasury company that would focus on accumulating Trump-linked tokens, including the Official Trump token.

However, such developments, although generally bullish for an asset, have done little to revive investor interest around the Trump meme coin, which remains roughly 90% below its all-time price of $73.43, which was hit right after the token launched in January.

Today, the token briefly rallied to an intraday high of $7.85 before cooling off to settle around $7.80 at press time, with gains of 3% recorded in the past 24 hours. But it still lacked the momentum to reclaim previous levels, as trading volume dropped over 22% during the same period.

TRUMP token has remained under pressure mainly due to market uncertainty around the project and an influx of new meme tokens competing for attention.
2025-10-09 07:02 6mo ago
2025-10-09 02:09 6mo ago
Why Bitcoin's Rally Has Room to Run This Month cryptonews
BTC
In brief
Realized profits have fallen 50% since July, signaling restrained selling pressure.
Long-term holders’ profit margins remain well below overheated cycle levels.
Derivatives traders are clustering around $120,000 call options, reinforcing bullish sentiment.
Bitcoin's push to new record highs this week isn’t letting up, with on-chain data and derivatives activity revealing a market built on stable foundations rather than speculative excess.

The current market run still has momentum as profit-taking remains below prior cycle peaks despite Bitcoin setting numerous all-time highs this year, according to CryptoQuant’s latest weekly report.

Kicking off what has historically been Bitcoin's strongest month, dubbed "Uptober," the original crypto has sparked a broad market rally, with capital rotating into older altcoins.

Questions now arise over the sustainability of the historic run for digital assets—a peek at on-chain data tells the story.

Bitcoin holders have realized just $30 billion in profits over the past 30 days, according to CryptoQuant, representing a 50% decline from July's peak of $63 billion and falling well below the $78 billion and $99 billion levels seen during the March and December 2024 market tops.

The conviction extends to Bitcoin's long-term holders, whose realized profit margins currently stand at 129%—far below the 300% threshold that typically signals market exhaustion.

"Currently, $120,000 to $140,000 call options remain the most heavily concentrated contracts, with the $120,000 key level seeing the highest concentration of Bitcoin positions," Adam Chu, chief researcher at GreeksLive, told Decrypt.

He explained that major players are clustering around out-of-the-money calls—options contracts that only become profitable if Bitcoin's price rises above specific strike prices.

"Market maker gamma levels remain low, meaning minor price fluctuations have limited impact," Chu noted, adding that $110,000 serves as crucial support while new highs could trigger accelerated buying activity.

The convergence of disciplined holding patterns and sophisticated bullish positioning points toward sustained upward momentum.

"Personally, I still believe October's market conditions will be favorable," Chu said, noting that multiple seasoned institutional traders have expressed optimism about the fourth quarter in their discussions.

Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
2025-10-09 07:02 6mo ago
2025-10-09 02:11 6mo ago
Is Sui price gearing up for a rally as network TVL hits $2.6B peak? cryptonews
SUI
Sui price may be on the verge of a steep recovery as its decentralized finance ecosystem gains traction.

Summary

Sui’s DeFi TVL reached an all-time high of $2.6 billion, supported by consistent DEX volumes.
Technical indicators remain neutral, suggesting price consolidation before the next major move.
Upcoming SuiPlay 0X1 launch and potential ETF traction could drive renewed interest and price strength in Q4.

Sui traded around $3.48 at press time, up 1.3% over the last 24 hours as the network’s DeFi ecosystem reached a new high. The token has moved between $3.44 and $3.69 this week, showing little volatility. It remains down 2.3% on the week and up just 0.7% over the past month — still 34% below its January peak of $5.35.

Trading activity has eased, with daily volume falling 20.7% to $1.02 billion. According to CoinGlass data, open interest in Sui (SUI) futures increased slightly by 0.26% to $1.79 billion, while derivatives volume fell 22.5% to $3.14 billion.

This mix indicates that traders are holding onto their existing ones instead of adding new positions, which is a sign of consolidation rather than capitulation.

Sui TVL reaches new peak
Sui’s on-chain growth remains strong.  Sui is among the top DeFi ecosystems by capital, with total value locked hitting an all-time high of $2.61 billion, according to DefiLlama data. 

For the last three months, monthly DEX volumes have remained consistent at about $13 billion. The network’s stablecoin market capitalization has almost doubled since late September, now at $925 million.

Sui price upcoming catalysts
For the remainder of 2025, a number of catalysts are lined up. Later this year, the Mysten Labs-developed SuiPlay 0X1 gaming console will go on sale for $599. With the handheld’s direct integration with the Sui blockchain, players can enjoy seamless Web3 gaming with dynamic NFTs and zkLogin. Its release might increase network activity and draw in new users.

In DeFi, the upcoming SuiDEX mainnet launch aims to unify liquidity across existing protocols like Cetus, which currently holds more than half of Sui’s DEX market share. Additional enhancements could increase liquidity and yield opportunities, such as Ethena’s suiUSDe synthetic dollar and Suilend’s Steamm AMM.

Adoption by institutions is also gaining traction. Grayscale has been drawing investments into its SUI Trust, while Nasdaq and 21Shares are pushing for SUI exchange-traded funds. Real-world payment usage may also be supported by Fireblocks’ custody integration and xPortal’s Sui-branded Mastercard, particularly in Asian markets.

Sui price technical analysis
Sui’s daily chart shows a sideways trend within the Bollinger Bands, with prices holding near the mid-band around $3.48. While the lower band provides support at $3.09, the upper resistance is located close to $3.76.

Sui daily chart. Credit: crypto.news
The majority of technical indicators, such as the relative strength index at 50, Stochastic at 65, and commodity channel index at 27, are neutral and indicate a balance between buyers and sellers. The MACD is slightly bullish, but momentum is showing some weakness.

SUI may fall toward $3.10, where the 200-day moving average provides strong support, if it is unable to hold $3.40. However, if it breaks above $3.75, it may target $4.00–$4.20.
2025-10-09 07:02 6mo ago
2025-10-09 02:12 6mo ago
Block introduced Square Bitcoin to allow merchants to accept BTC payments cryptonews
BTC
Block introduced Square Bitcoin to allow merchants to accept BTC payments.
2025-10-09 07:02 6mo ago
2025-10-09 02:20 6mo ago
Ethereum Foundation creates Privacy Cluster team to strengthen onchain privacy cryptonews
ETH
Ethereum Foundation has formed the Privacy Cluster, a 47-member team of researchers, engineers, and cryptographers led by Igor Barinov.
2025-10-09 07:02 6mo ago
2025-10-09 02:30 6mo ago
Bitcoin Marches Toward $150K as Dollar Confidence Crumbles Worldwide, Expert Says cryptonews
BTC
Bitcoin's powerful rally underscores accelerating institutional adoption, fueled by capital inflows, clearer regulation, policy tailwinds, and rising demand as investors embrace it as a core macro and reserve asset.
2025-10-09 07:02 6mo ago
2025-10-09 02:31 6mo ago
Zcash price extends rally with 31% jump but technicals show signs of exhaustion cryptonews
ZEC
Zcash price has continued its rally, but overbought signals and soaring open interest suggest its explosive surge may be nearing exhaustion.

Summary

ZEC up 31% in 24 hours and 244% this month amid renewed privacy demand.
Derivatives volume up 75%, open interest up 54%, indicating rising leverage.
RSI above 73 hints at short-term exhaustion despite strong uptrend.

Zcash is trading at $171.84, up 31% in the past 24 hours. The coin has gained 40% in a week and is now 244% higher over the past month, giving it a market cap of $2.8 billion. Its price touched $179.46, the highest since 2021.

Trading activity continues to rise. Daily volume climbed 22.4% to $664.5 million, while data from CoinGlass shows derivatives volume jumped 75.7% to $1.18 billion.

A 54.4% increase in Zcash (ZEC) open interest to $227.2 million indicates that traders are placing more leveraged bets. Short-term gains may be supported by this, but if prices decline, there is a greater chance of abrupt liquidations.

Privacy narrative drives renewed demand
Zcash’s rally is part of a broader comeback for privacy-focused coins. Interest in anonymous transactions has increased as a result of growing concerns about blockchain surveillance and governmental oversight.

Leading commentators, such as Naval Ravikant, have hailed Zcash as “insurance against Bitcoin,” igniting online debates. Retail attention and trading volumes surpassed $1 billion earlier this week as a result of the more than 1,000% increase in ZEC mentions on X.

Additionally, institutional confidence is growing. Since its launch in early October, Grayscale’s Zcash Trust has amassed approximately $46 million in ZEC, providing accredited investors with a controlled means of increasing their exposure. This move has improved liquidity and reinforced ZEC’s legitimacy in the eyes of traditional finance.

The network activity of Zcash is also improving. Zashi wallet downloads on iOS have surpassed 12,000, while shielded transactions have risen 15.5% month over month. ZEC has been connected to more than 20 blockchains through cross-chain integrations such as THORSwap and Zashi CrossPay, which have handled over $9.5 million in private swaps.

Zcash price technical analysis
Although ZEC’s chart still appears bullish, there are early indications of exhaustion. Overbought signs are indicated by the commodity channel index at 109.35 and the relative strength index at 73.22.

ZCash daily chart. Credit: crypto.news
The Williams %R at -11.09 suggests that buyers might be losing steam, but the awesome oscillator and MACD are still positive, confirming upward momentum.

The price is still above all of the major moving averages, indicating that the overall trend is still in place. The 200-day SMA at $47.17 shows how far the rally has gone, while the 10-day EMA ($139.88) and 20-day SMA ($98.83) now act as short-term support.

Although the average directional index at 60.75 shows a strong, established trend, there may be a possible cooling-off period prior to a new rally. Failure to hold $165 could result in a correction toward $150–$155, while a clear break above $180 could pave the way toward $200.
2025-10-09 07:02 6mo ago
2025-10-09 02:32 6mo ago
Ethereum Becomes BlackRock's New Focus Amid Institutional Shift cryptonews
ETH
The crypto market is undergoing a major narrative shift as traditional finance giants embrace blockchain technology. Leading the charge is BlackRock, the world’s largest asset manager, which appears to be broadening its focus beyond Bitcoin and leaning heavily into Ethereum and real-world asset tokenization.

This surge of institutional enthusiasm, recently discussed in an Altcoin Daily video, signals a new era for digital assets one where Wall Street’s capital could reshape the future of decentralized finance (DeFi).

While BlackRock CEO Larry Fink has long referred to Bitcoin as “digital gold,” the firm’s tone has recently pivoted toward Ethereum’s expanding role in global finance.

In a recent CNBC interview, Jay Jacobs, BlackRock’s Head of U.S. Equity ETFs, emphasized how the company views Ethereum as the “core engine” of next-generation finance.

“Tokenization, stablecoins, and blockchain-powered markets will redefine how assets are traded and most of that innovation traces back to Ethereum,” Jacobs explained.

He elaborated that tokenizing real-world assets such as stocks, bonds, or real estate can dramatically reduce costs and settlement time, bringing new efficiency to capital markets.

BlackRock’s spot Ethereum ETF has already attracted strong investor inflows, reflecting growing institutional demand for Ethereum exposure. As Jacobs summarized, this trend could make blockchain technology “the next big leap for global finance.”

SWIFT and Global Banks Integrate Ethereum-Based SolutionsAdding to this narrative, Ethereum co-founder Joe Lubin, who also serves as the CEO of ConsenSys, confirmed that SWIFT, the world’s largest interbank network, is now integrating Ethereum-based blockchain solutions.

“We’re witnessing a clear sentiment shift among global banks,” Lubin said. “Financial institutions now view blockchain as the bridge between traditional finance (TradFi) and decentralized finance (DeFi).”

This marks a historic milestone for blockchain adoption, as institutions that once deemed DeFi too risky are now actively building on Ethereum’s infrastructure. The move suggests that the institutional blockchain adoption cycle is entering a more mature and mainstream phase.

Solana and Bitcoin Join the Institutional Adoption TrendThe conversation didn’t stop with Ethereum. Bitwise CIO Matt Hougan described Solana (SOL) as “one of the strongest setups I’ve seen in eight years,” citing rising ETF optimism, increased developer activity, and a rapidly expanding DeFi ecosystem.

Analysts predict that Solana’s price could rally to the $290–$345 range if Solana ETFs gain regulatory approval this quarter. This optimism positions Solana as a leading contender in the next phase of institutional crypto adoption.

Meanwhile, Bitcoin continues to solidify its status as digital gold, with ETF holdings surpassing 1.47 million BTC. Analysts project that if the current institutional Bitcoin adoption pace continues, prices could soar between $600,000 and $1.3 million per BTC over the next cycle.

Never Miss a Beat in the Crypto World!Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

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

Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
2025-10-09 07:02 6mo ago
2025-10-09 02:34 6mo ago
Bitcoin Crash Off the Table as Four-Year Cycle is Dead: Arthur Hayes cryptonews
BTC
Arthur Hayes argues that Bitcoin’s traditional four-year market cycle has ended, as current shifts in global monetary policy indicate expanding fiat liquidity. Oct 9, 2025, 6:34 a.m.

Bitcoin BTC$122,162.01 is unlikely to enter a bear market in the coming months as supportive monetary conditions are expected to prevail, effectively rendering the traditional four-year halving cycle obsolete, according to Arthur Hayes, chief investment officer and co-founder of Maelstrom.

In an essay titled "Long Live the King!" published Thursday, Arthur Hayes argued that the primary catalyst behind previous bitcoin bear markets in 2014, 2018, and 2022 was monetary tightening in major economies, not the four-year halving cycle. On each of these occasions, bitcoin’s price plunged by 70% to 80% from its bull market peak.

STORY CONTINUES BELOW

CoinDesk made a similar point in 2023, explaining that BTC's four-year bull-bear cycle centred around mining reward halvings is actually tied to fluctuations in fiat money supply and liquidity, rather than the halving events alone.

"As the four-year anniversary of this fourth cycle is upon us, traders wish to apply the historical pattern and forecast an end to this bull run,” Hayes wrote, explaining that the four-year cycle is dead and the impending fiat liquidity deluge will keep the bull market going.

The halving cycleHalving refers to the programmed reduction in the per-block BTC emission every four years.

Since its inception in 2009, BTC has typically followed a roughly four-year cycle, characterized by a bull run leading up to and following the quadrennial reward halving, followed by an intense bear market that usually begins 16 to 18 months after the halving event.

The most recent, fourth Bitcoin halving occurred in April 2024. Hence, some market participants may be concerned that BTC's uptrend will soon peak, potentially paving the way for a year-long bear market.

This time is differentThe ongoing bull market is likely to continue, invalidating the four-year cycle because monetary conditions are expected to remain accommodative, with money supply growth likely to accelerate rather than contract.

The U.S. government and its central bank are already in an easing mode and Japan could soon join the fray as the new PM is a big believer in the ultra-stimulatory Abenomics strategy.

"In the U.S., newly elected President Trump wants to run the economy hot. He routinely speaks about America growing in order to reduce its debt load," Hayes noted. "Trump also speaks about lowering the cost of housing to release trillions of dollars of trapped home equity because of the rapid rise in housing prices post-2008."

The Federal Reserve cut interest rates by 25 basis points to around 4% in September 2025 and is expected to implement further reductions totaling up to 100 basis points over the next 12 months, signaling a more accommodative monetary stance.

Lastly, Hayes noted that although China may not be as stimulatory as in previous Bitcoin bull runs, Beijing’s focus on ending deflation suggests it is unlikely to drain fiat liquidity, supporting continued price gains for BTC.

Hayes summed up this outlook by saying: "Listen to our monetary masters in Washington and Beijing. They clearly state that money shall be cheaper and more plentiful. Therefore, Bitcoin continues to rise in anticipation of this highly probable future."

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.

More For You

Total Crypto Trading Volume Hits Yearly High of $9.72T

Sep 9, 2025

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

What to know:

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

More For You

XRP Rejected at $2.93, Tests $2.85 Support After Failed Breakout

1 hour ago

A fresh supply zone formed at $2.92–$2.93, while the $2.85 floor is now under scrutiny as macro headwinds weigh on flows.

What to know:

XRP spiked above $2.90 before profit-taking reversed gains, closing at $2.85.A new supply zone formed at $2.92–$2.93, with $2.85 now under scrutiny as a potential floor.Traders are watching macroeconomic factors and regulatory developments for future price movement.Read full story
2025-10-09 07:02 6mo ago
2025-10-09 02:40 6mo ago
Arthur Hayes: Bitcoin 4-Year Cycle Is Now Dead cryptonews
BTC
Key NotesArthur Hayes claims that Bitcoin’s four-year cycle is obsolete, replaced by liquidity-driven trends.Global monetary expansion, not halvings, now drives BTC’s bull markets.US rate cuts, Treasury injections, and Chinese easing create a favorable environment.
BitMEX co-founder Arthur Hayes believes that Bitcoin’s traditional four-year market cycle, long tied to halving events, is no longer relevant in today’s macro-driven world.

In a detailed blog post, Hayes explained that while the pattern once helped traders forecast bull and bear phases, it has become obsolete. Instead, Bitcoin price movements are now dictated by global liquidity conditions, especially monetary policy in the United States and China.

Hayes argued that previous market peaks didn’t occur because a cycle “ended” after four years, but because global money supply tightened.

Bitcoin’s price, he said, has always aligned with the expansion and contraction of liquidity, particularly the availability of dollars and yuan, rather than any fixed halving schedule.

New Drivers of the Bitcoin Market
According to Hayes, the current market cycle diverges sharply from historical norms. The US Treasury has injected roughly $2.5 trillion into markets by drawing funds from the Federal Reserve’s Reverse Repo program and issuing new Treasury bills.

At the same time, US President Donald Trump has pushed for easier monetary policy, indicating a willingness to “run the economy hot” to boost growth and reduce debt burdens.

In addition, the Federal Reserve has pivoted toward rate cuts despite inflation staying above target. Futures markets now price in a 94% probability of a rate cut in October and an 80% chance of another in December.

This policy shift, Hayes noted, ensures that liquidity remains abundant, which is an essential condition for Bitcoin’s continued uptrend.

Liquidity, Not Halvings, Drives the Market
Historically, Bitcoin’s bull markets coincided with global monetary expansion. The first major rally came during the Federal Reserve’s quantitative easing and a surge in Chinese credit, both of which ended when money printing slowed in 2013.

The next boom, the 2017 ICO era, was a result of China’s credit growth and yuan devaluation. Likewise, the 2020–2021 rally was powered by massive US liquidity injection during the pandemic.

Hayes believes the current cycle follows the same liquidity logic. With both Washington and Beijing showcasing easier financial conditions, Bitcoin remains well-positioned to benefit.

Market Outlook
Bitcoin is currently trading at around $122,000, slightly below its recent all-time high of $126,000. Inflows into BlackRock’s iShares Bitcoin Trust (IBIT) continue to play a major role in sustaining momentum, recording $899 million in inflows on Oct. 7.

Interestingly, on Oct. 8, Bitcoin spot ETFs recorded a total net inflow of $441 million, marking eight consecutive days of net inflows. 

On October 8, Bitcoin spot ETFs recorded a total net inflow of $441 million, marking eight consecutive days of net inflows. Ethereum spot ETFs saw a total net inflow of $69.05 million, also extending their eight-day streak of inflows.
https://t.co/Hj2Gs49bWa pic.twitter.com/BZCdctwUtn

— Wu Blockchain (@WuBlockchain) October 9, 2025

Data from CryptoQuant shows that open interest on Binance fell nearly 8% after reaching a record $15.07 billion, suggesting traders are taking profits and reducing leverage.

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.

Bitcoin News, Cryptocurrency News, News

A crypto journalist with over 5 years of experience in the industry, Parth has worked with major media outlets in the crypto and finance world, gathering experience and expertise in the space after surviving bear and bull markets over the years. Parth is also an author of 4 self-published books.

Parth Dubey on LinkedIn
2025-10-09 07:02 6mo ago
2025-10-09 02:42 6mo ago
Ethereum Foundation Expands Privacy Push With Dedicated Research Cluster cryptonews
ETH
The Foundation framed privacy as essential to Ethereum’s credibility. Blockchains are transparent by design, but widespread adoption requires that users and institutions have the option to transact, govern, and build without exposing sensitive data.Updated Oct 9, 2025, 6:52 a.m. Published Oct 9, 2025, 6:42 a.m.

The Ethereum Foundation is making privacy a formal pillar of its roadmap, expanding research efforts into a dedicated cluster that now covers private payments, proofs, identity, and enterprise use cases.

Ethereum has supported privacy research through its Privacy and Scaling Explorations (PSE) team since 2018, with experiments like Semaphore for anonymous signaling, MACI for private voting, zkEmail and zkTLS, and the Anon Aadhaar project.

STORY CONTINUES BELOW

These have become reference points for developers across the ecosystem, spawning hundreds of forks and integrations.

The new “privacy cluster,” coordinated by Igor Barinov, brings these experiments under a single umbrella alongside new initiatives, per a Wednesday blog post.

Those include private reads and writes for payments and interactions, portable proofs for identity and asset ownership, zkID systems for selective disclosure, UX work to normalize privacy tools, and Kohaku, an SDK and wallet designed to make strong cryptography usable by default.

An Institutional Privacy Task Force is also part of the cluster, translating compliance and operational requirements into specifications that larger enterprises can test.

The Foundation framed privacy as essential to Ethereum’s credibility. Blockchains are transparent by design, but widespread adoption requires that users and institutions have the option to transact, govern, and build without exposing sensitive data.

More than 700 privacy-focused projects exist across the broader crypto ecosystem, but Ethereum’s size means its primitives often set standards that others adopt. If the Foundation can deliver credible tools that balance privacy with neutrality and compliance, it could define how the next cycle of applications is built.

Meanwhile, privacy remains politically charged. Regulators have targeted mixers and shielded transactions, and developers are aware that features enabling confidential use can just as easily enable illicit finance.

That’s why the Foundation’s approach of open-source research, institution-facing task forces, and tools aimed at everyday users can be considered cautious but deliberate.

More For You

The Protocol: 77% of Bitcoin Holders Have Never Used BTCFi, Survey Reveals

14 hours ago

Also: Ethereum Fusaka Upgrade on Holesky, DoubleZero Goes Live and Bee Maps Raises $42M.

What to know:

This article is featured in the latest issue of The Protocol, our weekly newsletter exploring the tech behind crypto, one block at a time. Sign up here to get it in your inbox every Wednesday.

Read full story
2025-10-09 07:02 6mo ago
2025-10-09 02:46 6mo ago
Solana treasury company Helius eyes 5% of supply, public listing to boost strategy cryptonews
SOL
Solana treasury company Helius is ramping up its digital asset strategy with a bold plan to acquire 5% of all SOL tokens and a strategic push toward public listing in Hong Kong.

Summary

Solana treasury company Helius plans to accumulate over 5% of SOL supply, worth over $6 billion.
The firm recently rebranded as Solana Company and targets a Hong Kong listing within six months.
Solana Company currently holds 2.2 million SOL and aims to deploy $15 million in cash to expand its crypto treasury.

Helius Medical Technologies, now rebranded as Solana Company, is intensifying its treasury strategy. Executive Chairman Joseph Chee revealed this in a recent interview, stating that the company plans to acquire up to 5%, around over $6 billion of the total Solana supply, to position itself as a major institutional holder within the ecosystem.

Chee also announced plans to pursue a secondary public listing in Hong Kong within the next six months, pending market capitalization and regulatory benchmarks. “We will come here as soon as possible,” he stated, signaling a strategic move to align with Asia’s growing crypto infrastructure.

The executive justified the company’s preference for a Solana treasury over an Ethereum-based one, citing Solana’s higher transaction throughput, over 1,500 transactions per second, which he believes offers superior scalability and cost-efficiency. He added that the emphasis on performance aligns with the company’s broader commitment to long-term ecosystem growth.

Meanwhile, the firm has secured backing from institutions such as, Pantera Capital, Xia Yan Capital, and formalized a partnership with the Solana Foundation to drive ecosystem-level development across Asia.

Solana treasury bids gain traction
The latest move builds on Solana Company’s recent report that it now holds over 2.2 million SOL (SOL), and intends to deploy $15 million in cash to expand its digital asset treasury.

The growing institutional interest in SOL reflects a broader shift beyond Bitcoin and Ethereum as firms explore next-gen blockchains for treasury diversification. Collectively, Solana digital asset treasury firms (DATs) now hold 17.8 million SOL, accounting for 3.10% of total supply. 

Forward Industries leads with 6.822 million SOL, followed by Sharps Technology with 2.140 million SOL. Other notable institutions include DeFi Development Corp., and Upexi, which also holds over 2 million SOL.

This aggressive accumulation of Solana by institutional players signals a maturing crypto market, where diversification beyond to other digital assets is becoming the norm. As more public firms push towards owning high-performance blockchain assets like SOL, its role as a strategic treasury asset may increase, potentially affecting the growth of the ecosystem in the coming years.
2025-10-09 07:02 6mo ago
2025-10-09 02:57 6mo ago
Mantle Price Rockets to ATH, Can it Hit $3.15? cryptonews
MNT
In the past few hours Mantle price smashed a new all-time high, marking a new shake-up in the industry. Giving a gist about the trend, Mantle (MNT) has quietly staged one of the most powerful rallies. It has exploded 20.13% today to $2.75 and gained nearly 44% over the past week. 

Successively, Mantle’s market cap now stands at $8.99 billion. Thanks to a striking combination of technical breakouts and surging demand from RWA tokenization and exchange momentum. With trading volumes topping $817 million and a fresh ATH of $2.85 charted just hours ago, MNT’s performance has caught global investors’ attention.

What’s Driving This Surge? First, Mantle’s debut of its compliance-friendly RWA “Tokenization-as-a-Service” platform at Token2049 has slingshot the project into the limelight. Institutions are chasing $16T+ in RWA deals, and Mantle has carved out a niche as a trustworthy yield platform. The launch of USD1 stablecoin has injected $2.6B in fresh liquidity, amplifying MNT’s DeFi footprint. 

Second, Bybit’s partnership with Mantle made MNT much more popular, adding over 20 trading pairs and new ways to use MNT for trading, savings, and as collateral. As a result, Mantle’s trading volume jumped from $125 million to $612 million. And its derivatives trading interest shot up by 26% in just one day.

While the rally is powered by real adoption and volume, ~48% of supply held by Mantle’s treasury could present centralization risks. For now, the blend of technicals, exchange integration, and RWA moves creates a potent bullish cocktail.

Mantle Price AnalysisDiving into Mantle’s price action, today’s bullish breakout marks a critical phase. The token left behind its 50-day and 200-day moving averages in a textbook golden cross. Which signals the end of its long bear market and fueling new optimism.

Successively, Mantle’s RSI sits in an overbought territory. Meanwhile, the MACD continues to display bullish divergence, with momentum expected to persist as long as volume remains above recent averages.

That being said, jumping to targets, the immediate resistance is at $2.73. The current swing high remains the firewall before Mantle can attempt further climbs to $3.15 and potentially $3.68. On the flip side, a break below $2.60 might trigger a snap-back to $2.36, as profit-taking becomes likely with such sharp gains.

FAQSWhy did Mantle surge to a new ATH?

Mantle’s price jumped due to its RWA platform launch, Bybit exchange expansion, and a massive spike in trading and stablecoin liquidity.

Is Mantle’s rally sustainable or at risk of a drop?

If Mantle holds above $2.60 with strong volume, upside moves towards $3.15 to $3.68 are possible. A drop below $2.60 may see profit-taking down to $2.36.

What’s the biggest risk for Mantle holders now?

Mantle’s treasury holds 47.8% of supply, sudden moves or technical failures could trigger sharp price corrections if investor sentiment shifts.

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

Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
2025-10-09 07:02 6mo ago
2025-10-09 02:57 6mo ago
Just In: DeFi Dev Corp Launches Japan's First Solana Treasury Company, SOL Price Reacts cryptonews
SOL
Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

DeFi Dev Corp has announced the creation of Japan’s first Solana Treasury firm in partnership with Superteam Japan. In reaction, the SOL price recorded gains amid positive sentiment.

DeFi Dev Corp Expands Solana Treasury Footprint in Asia
In an official press release, Nasdaq-listed DeFi Development Corp confirmed the launch of DFDV JP, a Solana treasury in Japan. This was finalized in partnership with Superteam Japan.

This marks its second major expansion in Asia following the rollout of DFDV KR in South Korea. The company described the initiative as part of its broader “Treasury Accelerator Program.” This is designed to help institutions establish and manage Solana-based digital asset treasuries.

“We’re excited to partner with Superteam Japan to launch the first Solana Digital Asset Treasury in the country,” said Parker White, COO & CIO of DeFi Dev Corp. “Japan remains one of the most forward-thinking regions for blockchain innovation and digital asset regulation.”

Under the Treasury Accelerator model, the firm provides strategic and technical support to help firms adopt Solana treasury systems. This includes validator infrastructure, balance sheet seeding, and ecosystem integration.  

The partnership with Superteam Japan uses its local knowledge and community connections. Superteam hosted “SuperTokyo,” the biggest Solana event in Japan, and worked with banks like Minna Bank and Fireblocks on stablecoin projects.

Superteam Japan’s Country Lead, Hisashi Oki, called the collaboration a “defining milestone” for the country’s blockchain sector. 

“By working with DeFi Dev Corp, we’re opening a clear gateway for Japanese investors and enterprises to participate directly in Solana’s growth,” he said.

The launch follows the company’s last reported SOL purchase. The Solana treasury firm added 196,141 tokens at an average price of $202.76 each. This purchase increased the company’s total holdings to 2,027,817 SOL, now valued at approximately $427 million.

Momentum Builds as SOL Price Breaks Key Levels
According to CoinMarketCap data, the SOL price rose by 3.56% to $227.40 in the last 24 hours, outperforming the broader crypto market’s 0.69% gain.

Source: CoinMarketCap; SOL Price Daily Chart
Analysts say that if SOL holds above $229.49, bulls could target $238.56. However, failure to maintain support at $222.17 could trigger a short-term correction to $214.84.

Adding to the bullish setup, Bitwise amended its Solana ETF filing to include staking provisions and lower fees. The final decision deadline is October 16, but experts anticipate that the SEC will approve multiple SOL-based ETFs this week.

Lark Davis, founder of Wealth Mastery, shared that institutional appetite for Solana is rapidly increasing, stating that the SEC approval for a Solana ETF appears increasingly likely.

Notably, Solana ETPs attracted $706 million in weekly inflows. This is a record high that has pushed total assets under management (AUM) for Solana ETPs above $5.1 billion, more than double the previous record set in July.

Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.

Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.
2025-10-09 07:02 6mo ago
2025-10-09 03:00 6mo ago
BNB Price Soars 600% From Bear Market Lows, Eyeing $1,980 As Next Target cryptonews
BNB
The cryptocurrency landscape is witnessing a remarkable shift, with the BNB price emerging as a standout performer among the top ten cryptocurrencies by market capitalization. 

Over the past week, Binance Coin has surged by 30%, propelling its price to a new all-time high just shy of $1,350. This latest rally translates to a major 600% increase from its last bear market lows.

Binance Coin Becomes Third-Largest Cryptocurrency 
The recent momentum has been particularly noteworthy, as the BNB price eyes to turn the $1,300 mark as its new support for further upside movements, retracing only 2% from its peak after its record-breaking rally on Tuesday. 

This minimal pullback signals a lack of sustained selling pressure and suggests that further upside potential remains on the horizon. If this trend continues, analysts are eyeing new price targets for BNB.

The uptrend has also witnessed BNB surpass both XRP and Tether’s USDT, reclaiming its status as the third-largest cryptocurrency, trailing only behind Ethereum (ETH) and Bitcoin (BTC). 

This has been in part, attributed to CEA Industries Inc., which recently announced it has acquired over $600 million worth of BNB, holding 480,000 tokens at an average cost of $860 each. 

The daily chart shows BNB’s uptrend. Source: BNBUSDT on TradingView.com
CEA’s ambition to become a major player in the BNB ecosystem, is also highlighted on its roadmap with plans to own 1% of the total Binance Coin supply by the end of the year.

David Namdar, CEO of CEA Industries, commented on the recent surge, stating, “BNB’s all-time highs are a clear validation that the global markets are waking up to the inherent value, credibility, scale, and utility of both the asset and underlying ecosystem.” 

The company’s CEO further emphasized that Binance Coin should be viewed not merely as a token, but as a central component of a “highly integrated network.”

BNB Price Eyes Fibonacci Targets Of $1,486 And $1,983
Market expert Lark Davis has also added to the growing bullish sentiment surrounding the cryptocurrency’s rally on social media site X (formerly Twitter), noting that BNB is now firmly in price discovery mode, which could lead to further significant gains as the anticipated demand continues to grow. 

According to the expert’s analysis, the next major Fibonacci targets for the BNB price are set at $1,486 for the 2.618 level and $1,983 for the 3.618 level, indicating a strong possibility for continued upward momentum.

This implies that if this scenario plays out, the coming days of months could see additional increases for the BNB price of 14% and a major 52% in the case of breaching $1,900.

Featured image from DALL-E, chart from TradingView.com 
2025-10-09 07:02 6mo ago
2025-10-09 03:00 6mo ago
Binance's YZi Labs unveils $1B fund to boost BNB ecosystem! cryptonews
BNB
Journalist

Posted: October 9, 2025

Key Takeaways
Why is BNB seeking an ecosystem overhaul? 
It seems the chain wants to position itself as more than just a gambling scene. 

Will it lift BNB higher? 
If the explosive chain traction continues, the $1.5K could be reachable

The BNB chain ecosystem is doubling down on expansion. YZi Labs, the investment vehicle of Binance’s founder Changpeng Zhao (CZ), has announced a $1B Builder Fund to support founders in the ecosystem. 

The fund targets builders in DeFi, AI, tokenization, decentralized science (DeSci), and more, according to Ella Zhang, Head of YZi Labs.

She added that the chain is the ‘next phase of digital infrastructure’ with ‘real distribution’, citing its 460 million user base and recent network improvements. 

The update was timely, just after BNB printed a new ATH and an explosive memecoin season that allowed it to top weekly DEX volume. 

Ready to rival Solana?
Despite record on-chain traction, the ecosystem has been criticized for potentially offering nothing but gambling via memecoins. 

According to a community member and pseudonymous crypto commentator, Frank Degods, the ecosystem had everything needed to pump tokens.

However, it may struggle to ship out solutions that address real pain points.  

Source: X

The YZi Labs update arrived at a crucial moment, likely aiming to reposition the chain beyond its reputation as a gambling hub and counter such perceptions.

According to the firm, the chain is now faster and more cost-efficient—making it an ideal environment for developers and builders.

“The Maxwell Hardfork in May further improved network performance, cutting block times to 0.75 seconds and lowering its transaction fees to 0.05 Gwei, attracting a large inflow of users and builders to the BNB ecosystem.”

Despite recent updates, the chain’s Developer Activity has been declining since May, highlighting a slowdown in network development during the second half of 2025.

Source: Santiment

Compared to Solana, the Developer Activity surged in 2025 but eased in Q4. However, since late September, the metric recovered, illustrating steady network growth. 

Source: Santiment 

That said, in terms of DEX volume, BNB raked in $16B while Solana [SOL] ranked second with a $15B this week. 

Interestingly, this wasn’t the first time BNB chain flipped Solana in memecoin traction. It pulled a similar outperformance earlier in the year, 

Source: DeFiLlama

If the traction extends and BNB defends the $1K, the $1.5K price level could be the next bullish target. 

Source: BNB/USDT, TradingView 
2025-10-09 06:02 6mo ago
2025-10-09 00:58 6mo ago
XRP ETF News: Wall Street Quietly Accumulates While SEC's XRP ETF Approval Date Nears cryptonews
XRP
XRP price is trading around $2.86 today, holding firm despite the broader crypto market turbulence. Traders remain cautious yet curious, closely watching how upcoming regulatory decisions and XRP ETF approvals could shape the token’s next major move.

Over the past 24 hours, XRP has fluctuated between $2.75 and $2.88, showing clear signs of price consolidation. Institutional investors appear to be quietly increasing their exposure, with over $928 million worth of XRP now sitting in institutional wallets. This growing accumulation suggests that XRP’s next chapter could hinge on critical events later this month.

Market Outlook: XRP Balancing Between Hope and HesitationAfter years of uncertainty surrounding its legal battle with the U.S. SEC, XRP has not only managed to stay relevant but has also gained traction among institutional players.

The sentiment remains mixed; retail investors are cautious after recent liquidations, while institutional traders are strategically positioning for potential upside.

Recent data reveals over $1.9 billion in XRP-related liquidations, yet at the same time, CME XRP futures open interest surpassed $1 billion, signaling a notable increase in institutional activity.

“Institutional investors aren’t backing away from XRP, they’re positioning for what’s next,” said a market analyst from Canary Capital.

XRP ETF Hopes Spark Optimism Among Traders and InstitutionsThe biggest source of optimism in the XRP market right now is the series of XRP ETF applications awaiting approval from the U.S. Securities and Exchange Commission (SEC).

Top financial firms, including Grayscale, 21Shares, Bitwise, WisdomTree, and Canary Capita,l have filed for spot XRP ETFs, marking a significant step toward mainstream adoption.

Some firms are also exploring innovative ETF structures, such as yield-based XRP ETFs using covered call strategies, designed to appeal to traditional investors seeking stable, yield-generating crypto exposure.

Legal expert Bill Morgan recently highlighted that GraniteShares filed for an XRP ETF offering 3x long and 3x short leveraged exposure to XRP’s price.

“Leveraged XRP ETFs are the next logical step,” Morgan noted. “We already see them for Bitcoin, Ethereum, and Solana; now XRP is entering that same league.”

This move places XRP alongside the top-tier digital assets in institutional markets and could pave the way for massive capital inflows once regulatory clarity arrives.

All Eyes on October: XRP ETF Approval and Ripple Bank Charter ApprovalBetween October 18 and October 25, the SEC is expected to announce its decisions on six major XRP ETF applications. At the same time, Ripple’s application for a U.S. national bank charter is under active review.

If approved, these two developments could redefine XRP’s role, transforming it from a digital asset to a regulated, institutional-grade financial instrument.

“October could be the most pivotal month in XRP’s history,” said one industry analyst. “Even a single ETF approval could shift sentiment and bring in billions in fresh liquidity.”

Even if only one of these approvals goes through, it would likely boost market confidence and draw new investors seeking regulated exposure to XRP.

XRP: The “Dark Horse” of Wall Street’s Crypto RaceMany analysts now view XRP as the dark horse of Wall Street, an asset often underestimated but increasingly recognized for its strong fundamentals and real-world use cases.

Estimates suggest XRP ETF inflows could reach between $5–8 billion, potentially matching early Bitcoin ETF performance. Ripple’s established global payment network spanning 70 countries and partnerships with over 1,000 financial institutions further strengthen this outlook.

“If ETFs and Ripple’s charter both go through, XRP won’t just be another crypto; it’ll be a financial bridge between blockchain and the banking world,” remarked a senior analyst at Galaxy Research.

Still, skeptics warn that without full regulatory clarity, enthusiasm could wane quickly. Yet, for now, XRP remains one of the most closely watched assets in the market, quietly positioning itself for what could be a transformative fourth quarter.

Never Miss a Beat in the Crypto World!Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.

FAQsWhen will the XRP ETF be approved?

The SEC is expected to announce decisions on multiple XRP ETF applications between October 18 and 25, 2025, a pivotal period for the token’s institutional future.

What is the XRP price prediction?

Analysts project significant upside for XRP, with potential targets between $10-$20, driven by anticipated ETF approvals and Ripple’s expanding global banking network.

Is XRP a good investment?

Many analysts are bullish, citing growing institutional accumulation, multiple ETF filings, and Ripple’s real-world banking partnerships as strong long-term fundamentals.

How will an XRP ETF affect the price?

An XRP ETF could unlock billions in institutional capital, creating a supply squeeze and potentially triggering a significant price rally based on historical ETF inflow multipliers.

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

Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
2025-10-09 06:02 6mo ago
2025-10-09 01:00 6mo ago
Bitcoin Is The Standard Now: Outperform It, Or Get Left Behind – CEO cryptonews
BTC
Bitcoin's climb shows no signs of stopping, and one of crypto's loudest bulls says the rally could keep running as long as governments keep expanding the money supply.
2025-10-09 06:02 6mo ago
2025-10-09 01:00 6mo ago
Bitcoin & Altcoin OI Forming Same Warning Setup As Dec 2024, Analyst Says cryptonews
BTC
A cryptocurrency analyst has pointed out how the Open Interest for Bitcoin and the altcoins is forming a setup that previously led to a market downturn.

Bitcoin & Altcoins Have Seen A Jump In Open Interest Recently
In a new post on X, CryptoQuant community analyst Maartunn has discussed about the latest trend in the Open Interest for Bitcoin and the altcoins. This indicator measures the total amount of positions related to a given asset or group of assets that are currently open on all centralized derivatives exchanges. It takes into account both long and short positions.

When the value of the Open interest rises, it means speculative interest in the market is going up as traders are opening up fresh positions. Generally, new positions come with more leverage for the sector, so volatility can go up following a jump in the metric. On the other hand, the indicator going down implies investors are either pulling back on risk or getting forcibly liquidated by their platform. Such a washout of leverage typically results in greater market stability.

Now, here is the chart shared by Maartunn that shows the trend in the Open Interest for Bitcoin and that for all altcoins combined over the last couple of years:

The metric appears to have gone up for both asset classes in recent days | Source: @JA_Maartun on X
As is visible in the above graph, the Bitcoin Open Interest has witnessed a notable increase alongside the latest price rally, implying investors have been opening up new bets on the derivatives market. This isn’t an unusual trend, as rallies tend to attract attention to the cryptocurrency, especially in the case of a run like the latest one, which has taken the coin to a fresh all-time high (ATH).

The scale and speed of the increase can be worth monitoring, however, as such conditions can make the market prone to a liquidation squeeze. Another factor that can be worth noting is that the altcoin Open Interest has also shot up at the same time, indicating speculative activity across the sector has ramped up.

From the chart, it’s visible that something like this also occurred in December 2024. “Back then, it led to months of sideways chop followed by a 30%+ drop,” notes the analyst.

The market could already be starting to feel the effects of heating in the Open Interest as Bitcoin and the altcoins have gone through notable volatility in the past day.

BTC plunged from above $125,000 to below $121,000 in the matter of a few hours, before recovering back near $123,000. Others, like Ethereum, are yet to make any significant recovery from the plunge.

This volatility resulted in liquidations of almost $644 million in the cryptocurrency derivatives market, according to data from CoinGlass.

The numbers related to the liquidations in the last 24 hours | Source: CoinGlass
BTC Price
At the time of writing, Bitcoin is trading around $122,900, up over 5% in the last week.

The trend in the price of the coin over the last five days | Source: BTCUSDT on TradingView
Featured image from Dall-E, CoinGlass.com, charts from TradingView.com
2025-10-09 06:02 6mo ago
2025-10-09 01:08 6mo ago
Dogecoin (DOGE) Weakens Again – Bulls On Alert As Downside Risks Resurface cryptonews
DOGE
Dogecoin started a fresh decline below the $0.260 zone against the US Dollar. DOGE is now consolidating and might dip further if it stays below $0.2550.

DOGE price started a fresh decline below the $0.2550 level.
The price is trading below the $0.2550 level and the 100-hourly simple moving average.
There is a bearish trend line forming with resistance at $0.2570 on the hourly chart of the DOGE/USD pair (data source from Kraken).
The price could extend losses if there is a move below $0.2420.

Dogecoin Price Trims Gains
Dogecoin price started a fresh decline after it closed below $0.2620, like Bitcoin and Ethereum. DOGE declined below the $0.260 and $0.2550 support levels.

The price even traded below $0.2450. A low was formed near $0.2430, and the price recently attempted a recovery wave. There was a move above the 50% Fib retracement level of the downward move from the $0.2701 swing high to the $0.2431 low.

However, the bears were active near the $0.260 resistance and the 61.8% Fib retracement level of the downward move from the $0.2701 swing high to the $0.2431 low. Besides, there is a bearish trend line forming with resistance at $0.2570 on the hourly chart of the DOGE/USD pair.

Dogecoin price is now trading below the $0.2550 level and the 100-hourly simple moving average. If there is a recovery wave, immediate resistance on the upside is near the $0.2550 level. The first major resistance for the bulls could be near the $0.2570 level and the trend line.

Source: DOGEUSD on TradingView.com
The next major resistance is near the $0.260 level. A close above the $0.260 resistance might send the price toward the $0.2780 resistance. Any more gains might send the price toward the $0.2840 level. The next major stop for the bulls might be $0.2920.

More Losses In DOGE?
If DOGE’s price fails to climb above the $0.2550 level, it could continue to move down. Initial support on the downside is near the $0.2470 level. The next major support is near the $0.2420 level.

The main support sits at $0.2350. If there is a downside break below the $0.2350 support, the price could decline further. In the stated case, the price might slide toward the $0.2120 level or even $0.2050 in the near term.

Technical Indicators

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

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

Major Support Levels – $0.2420 and $0.2350.

Major Resistance Levels – $0.2550 and $0.2600.
2025-10-09 06:02 6mo ago
2025-10-09 01:09 6mo ago
Binance Smart Chain (BSC) Ecosystem Faces Pullback, BNB Falls Almost 4% cryptonews
BNB BSC
Binance Smart Chain tokens pulled back Thursday, with BNB down 3.4% and meme coins Binance Life and PALU plunging 9.5% and 35% respectively.