Market Signal Briefing

It is hard to escape talk of an AI bubble. Yet Wedbush insists we are still in the foothills of what it calls an “AI capex super cycle”.

The broker argues that rather than a replay of the dotcom bust, today looks more like 1996, with the real growth spurt still ahead.

The point is simple. Big Tech is pouring money into artificial intelligence infrastructure and others are now joining the party. Wedbush estimates almost $350 billion of capital spending by US technology giants this year, with governments in the Middle East and the UK starting to follow suit.

Microsoft Corp (NASDAQ:MSFT), Amazon.com Inc (NASDAQ:AMZN) and Google remain at the centre, but the ripple effect is spreading across chips, software and data centres.

Nvidia Corp (NASDAQ:NVDA, ETR:NVD) is singled out as the prime beneficiary, with demand for its graphics processors continuing to exceed expectations.

But Wedbush also highlights names such as Palantir, which it says could reach a $1 trillion market capitalisation in two to three years as enterprises look for ways to deploy AI at scale.

The worry for some is that valuations already look stretched. Wedbush counters that investors who focused narrowly on near-term earnings multiples would have missed out on every major technology growth story of the past two decades.

With chief information officers racing to avoid being left behind, the analysts see trillions of dollars of additional investment still to come and believe the technology bull market has at least another two to three years to run.

Key points:

Solid inflows into spot Bitcoin ETFs show that bulls are back in the driver’s seat and a rally to a new all-time high is likely.

BNB is leading the altcoin recovery, with several altcoins poised to break above their overhead resistance levels.

Bitcoin (BTC) rose close to $123,900 on Friday, continuing its march toward the all-time high of $124,474. BTC’s recovery is backed by solid demand from the bulls, and the US spot BTC exchange-traded funds recorded $2.25 billion in inflows since Monday, according to Farside Investors data.

Analysts expect BTC to surge to a new all-time high. Capriole Investments founder Charles Edwards told Cointelegraph that BTC could skyrocket to $150,000 before the end of the year as investors seek safe-haven investments alongside gold.

Crypto market data daily view. Source: Coin360While all signs point to a possible continuation of the uptrend, some analysts are cautious. Trader Roman said in a post on X that the relative strength index (RSI) indicator on BTC’s chart is exhibiting a bearish divergence on both the weekly and monthly time frames. Roman cautioned traders to be “careful holding here.”

Could BTC soar to a new all-time high, triggering a rally in altcoins? Let’s analyze the charts of the top 10 cryptocurrencies to find out.

Bitcoin price predictionBTC surged above the $117,500 overhead resistance on Wednesday, indicating that the buyers are back in command.

BTC/USDT daily chart. Source: Cointelegraph/TradingViewThe BTC/USDT pair has reached near the all-time high of $124,474, where the bears are expected to mount a strong defense. If the price turns down sharply from the current level of $124,474 and breaks below $117,500, it signals that the bears are active at higher levels. The Bitcoin price may then remain between $107,000 and $124,474 for a while longer.

Instead, if buyers drive the price above $124,474, it signals the resumption of the uptrend. The pair may then rally to $141,948.

Ether price predictionEther (ETH) closed above the 20-day exponential moving average ($4,309) on Wednesday and reached the resistance line on Friday.

ETH/USDT daily chart. Source: Cointelegraph/TradingViewThe 20-day EMA has started to turn up gradually, and the RSI has risen into the positive territory, signaling a slight edge to the bulls. Sellers will attempt to halt the recovery at the resistance line, but if the buyers prevail, the ETH/USDT pair could retest the all-time high at $4,957.

The bears will have to pull the price below the 20-day EMA to weaken the bullish momentum. The Ether price could then drop to $4,060.

XRP price predictionBuyers pushed XRP (XRP) above the downtrend line on Thursday but were unable to achieve a close above it.

XRP/USDT daily chart. Source: Cointelegraph/TradingViewBuyers are again attempting to maintain the XRP price above the downtrend line. If they succeed, the bearish descending triangle pattern will be invalidated. The XRP/USDT pair may then climb to $3.20 and later to $3.38.

This optimistic view will be negated in the near term if the price turns down and breaks below the moving averages. That suggests the breakout above the downtrend line may have been a bull trap. 

BNB price predictionBNB (BNB) skyrocketed to a new all-time high above $1,084 on Thursday and extended the up move on Friday.

BNB/USDT daily chart. Source: Cointelegraph/TradingViewThe BNB/USDT pair has broken above the ascending channel pattern, signaling a pickup in bullish momentum. There is minor resistance at $1,173, but if this level is crossed, the rally could extend to $1,252.

The breakout level from the channel and the 20-day EMA ($1,004) are likely to act as strong supports on the downside. Sellers will have to drag the BNB price below $930 to suggest that the pair may have topped out in the short term.

Solana price predictionBuyers pushed Solana (SOL) back above the uptrend line on Wednesday, suggesting that the corrective phase may be over.

SOL/USDT daily chart. Source: Cointelegraph/TradingViewAny pullback from the current level is likely to find support at the 20-day EMA ($220). If that happens, the SOL/USDT pair could rally to the overhead resistance of $260. Sellers are expected to defend the $260 level with all their might because a close above it could catapult the Solana price to $295.

Sellers will have to tug the price below the 50-day simple moving average ($212) to make a comeback.

Dogecoin price predictionDogecoin (DOGE) closed above the 20-day EMA ($0.24) on Wednesday, indicating a slight edge to the bulls.

DOGE/USDT daily chart. Source: Cointelegraph/TradingViewAlthough the DOGE/USDT pair remains stuck inside a large range between $0.14 and $0.29, the price action is forming an ascending triangle pattern. Buyers will have to achieve a close above $0.29 to complete the bullish setup. DOGE may then rally to the pattern target of $0.39.

The bullish pattern will be invalidated if the bears pull the price below the uptrend line. That suggests the pair may extend its consolidation for some more time.

Cardano price predictionCardano’s (ADA) recovery rose above the 50-day SMA ($0.86) on Thursday, indicating that the selling pressure is reducing.

ADA/USDT daily chart. Source: Cointelegraph/TradingViewBuyers will have to propel the Cardano price above the resistance line to suggest that the correction may be over. The ADA/USDT pair could then attempt a rally to $1.02, where the bears are expected to step in.

Contrarily, if the price turns down from the current level or the resistance line and breaks below the 20-day EMA ($0.84), it suggests that the bears are selling on rallies. The pair may then slump to the $0.75 support.

Hyperliquid price predictionHyperliquid (HYPE) surged above the moving averages on Thursday, indicating solid buying at lower levels.

HYPE/USDT daily chart. Source: Cointelegraph/TradingViewThe relief rally is expected to face selling at the 61.8% Fibonacci retracement level of $51.87. If the price turns down from $51.87 but bounces off the moving averages, it suggests that the sentiment has turned bullish. The HYPE/USDT pair could then ascend to $59.41.

On the contrary, if the price turns down and breaks below the moving averages, it signals that the bears are active at higher levels. The Hyperliquid price could then tumble to $43 and thereafter to $39.68.

Chainlink price predictionChainlink (LINK) rose above the 20-day EMA ($22.35) on Wednesday, but the bulls are facing resistance near the downtrend line.

LINK/USDT daily chart. Source: Cointelegraph/TradingViewIf the price skids and remains below the 20-day EMA, it suggests that the LINK/USDT pair could stay inside the descending channel pattern for a few more days.

The first sign of strength will be a break and close above the downtrend line. If that happens, the Chainlink price could rally to $26 and, after that, to $27. Sellers will attempt to halt the up move at $27, but if the bulls prevail, the rally could reach $30.94.

Sui price predictionSui (SUI) climbed above the moving averages on Wednesday, indicating that the selling pressure is reducing.

SUI/USDT daily chart. Source: Cointelegraph/TradingViewIf buyers maintain the price above the moving averages, the SUI/USDT pair could climb to the downtrend line. Sellers are expected to defend the downtrend line aggressively because a break above it could propel the Sui price to $4.20 and subsequently to $4.44.

On the contrary, if the price turns down and breaks below the moving averages, it suggests that the bears have not given up. The pair may then tumble to the $3.26 to $3.06 support zone.

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Bitcoin is heavily riding the renewed bullish wave observed across the broader crypto industry, and its price has now reclaimed the pivotal $120,000 price level. Heightened selling pressure from investors and traders seems to have followed the ongoing upward action in BTC’s price.

Massive Profit-Taking Frenzy Hits Bitcoin
Investors are currently exhibiting a worrying trend as Bitcoin gains notable upside traction in a positive crypto market condition. In a quick-take post on the CryptoQuant platform, Caueconomy, a market expert and investor, highlighted that Bitcoin investors are rushing to lock in gains during the newfound rally.

Following weeks of erratic trading, the price recovery of Bitcoin has sparked profit-taking at levels not seen in months, with traders and long-term holders grabbing hold of the trend. This spike in realized profits demonstrates both renewed market confidence and cautious positioning, as investors strike a balance between the appeal of rising prices and the memory of previous volatility.

Data from the Bitcoin Realized Profit and Loss metric shows that the crypto king has registered several landmarks in profit-taking in 2025 alone. On Wednesday, as Bitcoin prices spiked further, profit-taking levels exceeded $3.7 billion.

BTC investors are taking profit | Source: Chart from CryptoQuant on X
According to the market expert, this massive figure marks the fifth-largest profit-taking volume recorded since the year began. The pattern indicates that the most recent surge in Bitcoin is bringing liquidity back into the market and testing investor confidence in how long the momentum can last.

While this high level of profit-taking may impact spot selling pressure, Caueconomy noted that it does not yet show that short-term investors make up a sizable majority of the market. Expressing his expectations on the notable profit-taking, the expert stated that the market might see this volume increase in the upcoming weeks.

BTC’s Price Action Moving In A Range
Amid the current uptrend in Bitcoin’s price, market expert and author Darkfost reported that the crypto king continues to move within a range. The range represents an area where the market is usually flooded with optimism whenever the price hits the upper bound, and vice versa. Meanwhile, the consensus turns to predicting a bear market as it gets closer to the lower bound.

In the crypto market, this pattern is frequently seen during periods of market pause and consolidation. These are times that are especially good at creating doubt, while the market itself is not doing much. 

Darkfost has outlined multiple price zones within the $105,000-$119,000 range of the Rectangle pattern where supply is being exchanged in the chart. Typically, higher values in certain zones reflect stronger investors’ interest in those zones.

During periods like this, Darkfost outlines that the ideal strategy usually is to do nothing and wait for confirmation. It’s important to note that over 20% of today’s Bitcoin trading volume has occurred beyond $105,000, which is a very intriguing indication of genuine investor activity even when BTC holdings are above $100,000.

BTC trading at $119,903 on the 1D chart | Source: BTCUSDT on Tradingview.com
Featured image from Pixabay, chart from Tradingview.com

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Godspower Owie is my name, and I work for the news platforms NewsBTC and Bitcoinist. I sometimes like to think of myself as an explorer since I enjoy exploring new places, learning new things, especially valuable ones, and meeting new people who have an impact on my life, no matter how small. I value my family, friends, career, and time. Really, those are most likely the most significant aspects of every person's existence. Not illusions, but dreams are what I pursue.

BNB hit a new all-time high as meme coins on BSC, including GIGGLE, FOUR, and Aster, posted strong gains linked to CZ.GIGGLE and FOUR surged over 80% in 24 hours, while Aster saw more modest growth due to mixed sentiment on its fundamentals.Analysts suggest BSC could challenge Solana in the meme coin sector, with its organic community driving long-term ecosystem growth.BNB reached a new all-time high today, as several BSC meme coins rose dramatically in the last few hours. All the largest gains came from tokens linked to Changpeng “CZ” Zhao.

These tokens had differing gains, but they share a common origin and lift each other up. Together, they help build an organic meme coin community, which is a crucial advantage for any blockchain in that sector.

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Meme Coins Boost BNBSome analysts have recently theorized that BSC (BNB Smart Chain) could overtake Solana in the meme coin sector. Today, BNB’s price spiked to reach a new all-time high, fueling bullish sentiment.

It seems like several BSC meme coins helped fuel this rise, as several prominent tokens all rose today:

GIGGLE Price Performance. Source: CoinGeckoSpecifically, three BNB toks, GIGGLE, FOUR, and Aster all posted huge price jumps in the last few days. Moreover, all these tokens bear a direct connection to CZ, the former CEO of Binance.

This common relationship can help explain how the blockchain’s organic meme community spurs runaway growth.

CZ Connections ExplainedGIGGLE is based on Giggle Academy, an education initiative that CZ launched himself. Although it doesn’t look like CZ has directly posted about the platform in a few days, his public association still serves as the token’s origin and bedrock of support.

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FOUR, another BNB meme coin, has a similar backstory. Before CZ’s dog Broccoli caused a flurry of meme tokens based on the dog’s name, there was a race to guess the dog’s name.

Four.meme, a BSC meme coin launchpad, hosted a contest to anticipate this name, offering to add prominence to any asset that guessed correctly. This brought FOUR itself into the limelight.

Aster is a relatively new token on the BSC network, but CZ’s open affection for the phas brought it a lot of notoriety. He claimed that the decentralized perpetuals exchange was a solid project, allowing it to briefly overtake Hyperliquid.

However, this prominence did not last, as critics disparaged the project’s fundamentals and long-term relevance.

This may explain why Aster posted the most modest gains of these leading assets. BNB is still surging, and all its leading meme coins are surging too, but Aster had the slowest increase.

Whereas GIGGLE and FOUR rose 90% and 80% in the last 24 hours, respectively, Aster did not see a dramatic spike upwards.

Aster Price Performance. Source: CoinGeckoNonetheless, this data is very instructive. Binance is the most popular exchange in the world, after all. Even if it has distanced its branding from BNB, there’s still a bone-deep connection, and BSC meme coins can benefit from this.

The ecosystem has an engaged and dedicated meme coin community, which is a critical component of long-term growth.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

Bitcoin hit a six-week high of $123,742 on Friday, following a 13.5% jump from its local low of around $108,600 a week ago.

Bitcoin (BTC) has climbed above $119,000, extending its steady upward momentum and drawing fresh interest from institutional investors. The move follows several sessions of stable trading, with analysts now turning their attention toward a potential test of $130,000 in the weeks ahead.

Defying the long-standing trend, a huge pile of SHIB tokens flooded global crypto exchanges. What’s behind it?

Published:
October 3, 2025 │ 4:58 PM GMT

Created by Kornelija Poderskytė from DailyCoin

Surprisingly, Shiba Inu’s (SHIB) crypto exchange reserves just broke through $1 billion, despite dropping below this mark on September 25. At first glance, this could hint at Shiba Inu custodians taking profits or depositing the dog-embossed meme coin to swap for other coins.

Conversely, the crypto whale metrics paint a completely different image, with the Chaikin Money Flow (CMF) sitting at 0.27 on the 4-hour technical price charts. This defies the long-term trend of SHIB’s exchange reserves gradually, or sometimes drastically, decreasing. Yesterday, nearly 248 billion SHIB coins entered crypto platforms, raising some eyebrows among the SHIB Army.

Shiba Inu’s Exchange Stash Spikes: Two Sides Of The StoryStarting with 191 trillion available on exchanges in October, 2022, the figures were slashed in half, now with approximately 84 trillion tokens on-hand, in comparison to the overall left supply of SHIB 584.7 trillion, according to Shiba Inu’s burn tracker. One of the most notable drops occurred at the beginning of this year.

Back in December, 2024, Shiba Inu coin (SHIB) tacked on the yearly high of $0.000033, but the market dynamics took nearly a month to respond. Coming into the New Year festivities, SHIB’s reserves quickly plummeted from 104 trillion to 106 trillion, while reserves dropped below 100 trillion for the first time ever later in March.

All in all, it’s fair to say that pouring tokens into exchanges typically results in a price short-fall. On the contrary, SHIB’s rally in September, 2024 acted opposite, as portrayed in CryptoQuant’s charts. Given that the crypto whale support sustains at these levels, the demand of the asset can overshadow any profit-taking action.

Explore DailyCoin’s popular crypto news:
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HBAR ETF On Ice: SEC’s Bare-Bones Squad Battles Shutdown Blues

People Also Ask:What drives Shiba Inu exchange reserves lower?

Holders withdrew 284 billion+ SHIB tokens yesterday to self-custody or stake, slashing reserves from 190 trillion in 2023 to 84.5 trillion now.

How do falling reserves affect SHIB supply?

They tighten available supply on exchanges, reducing sell pressure and signaling strong holder conviction.

What bullish signals emerge from this trend?

Reserves hit 2-year lows, often preceding accumulation and rallies; analysts eye an “Uptober” breakout above $0.000013.

Could rising inflows reverse the momentum?

Yes, recent 284 billion SHIB inflows signal potential sell-offs, capping gains near $0.000012 resistance.

What price impact follows low reserves historically?

Past drops fueled 25%+ surges; expect similar if SHIB breaks resistance amid Q4 optimism.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

Bitcoin (BTC) is headed for a new all-time high after breaking out from $120,000 to $123,000 within hours. BTC got a boost from a short squeeze, as well as hints at bringing back legalized crypto trading to Russia. 

Bitcoin (BTC) was unstoppable ahead of the weekend, breaking out from $120,000 to over $123,900 within hours. BTC is now seen as capable of reaching a new all-time high, probably targeting $126,000. 

BTC gained positions rapidly, causing up to $100M in short liquidations within hours | Source: Coingecko
The rally followed the weekly futures expiration event, which may have caused some downward pressure on the price. Without the expiration looming, BTC was free to chart a new rally, with trading volumes at a one-month peak of $78B. 

The high-volume rally indicated a strong overall sentiment for BTC, as the asset expanded by more than 12% over the past week. BTC set up a local bottom for September at $107,000, based on both derivative liquidity and spot accumulation. 

BTC then quickly returned to the $122,000 range, with expectations for additional attempts to break new price records. The current rally happened during a time of neutral sentiment based on the fear and greed index, showing BTC was ready to rally even without excessive greed. The main driver was the accumulation of short liquidity that could be attacked and liquidated.

BTC futures trade at a premium
During the recent rapid rally, price reports showed disparities between exchanges. Binance’s USDT pair had a premium, reaching over $123,990. 

Futures markets are showing even larger premiums to the spot price, with Binance futures at $124,616. However, on Aster, the BTC futures traded at $120,242. The most liquid Binance trading pair was also trading at a premium, reaching $127,579. 

The climb to $123,000 tracked the liquidations of short positions. The other option for BTC was a dip to $118,000 to liquidate long positions. Most of the short liquidity has been taken, and BTC is still threatening a dip as low as $110,000.

The recent BTC price move liquidated almost all short positions above $123,000 | Source: Coinglass
The rapid price expansion caused $72.97M in liquidations for the past hour. BTC rallied ahead of other altcoins, as ETH and other assets remained near their usual range. The BTC rally, however, helped BNB break to a new all-time peak above $1,167.

Is retail BTC trading coming back to Russia? 
BTC had multiple triggers for the current rally, but the news about Russia allowing retail trading has added to the hype. Reports have surfaced of the Moscow stock exchange, the country’s largest market operator, calling on regulators to bring back retail crypto trading. 

Russia has been one of the regions with broad crypto adoption, though it has been excluded from international trading due to sanctions. 

It remains uncertain how much BTC would be mopped up by potential Russian buyers. BTC has once again shown its appeal as an asset during times of economic turbulence. 

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The native token of the largest DeFi lending protocol is showing strong momentum despite short-term profit taking above $290. Oct 3, 2025, 6:03 p.m.

Aave AAVE$287.14, the native token of the largest decentralized finance (DeFi) lending protocol, strongly rebounded from last week's lows breaking through key resistance levels on Friday afternoon.

The token gained another 2% over the past 24 hours and is up 6% this week. It has established support at the $284-$285 levels, while it's currently consolidating around $290.

STORY CONTINUES BELOW

The move occurred as the broader crypto market rallied, with gains across the board and bitcoin BTC$121,561.75 breaking above $122,000, inching closer to its August record high. The broader DeFi market also accelerated, hitting a $219 billion in assets across protocols, a fresh record level, DeFiLlama data shows.

Total value locked across DeFi protocols at record highs. (DeFiLlama)

Deposits on Aave also climbed to a record $74 billion, cementing its top position among DeFi protocols, per DeFiLlama data. The platform enjoyed fresh inflows due to a recent partnership with up-and-coming stablecoin-focused chain Plasma. The Plasma lending market on Aave swelled above $6 billion in less than a week.

Technical Analysis Shows Strong MomentumTechnical indicators point to upside potential despite short-term profit-taking pressure at current levels, the CoinDesk Data research model shows. However, resistance levels hold firm between $290-$294 following repeated rejections.

Price gains 2.33% in 24-hour session.Trading range spans $15.17 between $279.16 and $294.33 extremes.Volume spikes to 143,188 units, well above 37,000 average.Support level confirmed at $284-$285.Resistance zone established between $290-$294.Intraday high reaches $290.37 before reversal.Consolidation pattern develops at current levels.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

XLM Consolidates in Tight Range After Early Volatility

1 hour ago

XLM briefly pushed higher on Oct. 3 before sharp selling erased gains, highlighting resistance near $0.41 even as Bitcoin.com Wallet integration expands Stellar’s reach.

What to know:

XLM climbed to $0.4041 before sliding back to $0.4015 on heavy sell pressure after 14:00 UTC.More than 1.4M tokens traded in one minute, validating resistance at the $0.41 level.Bitcoin.com Wallet integration broadens access to Stellar’s ecosystem, while October’s seasonality has historically supported crypto prices.Read full story

20h05 ▪
4
min read ▪ by
Luc Jose A.

Summarize this article with:

While financial markets waver under the weight of monetary uncertainties and political tensions, a bold projection revives the debate. Bitcoin could reach $135,000, according to Standard Chartered. In a recent note, the British bank disrupts established scenarios by stating that the current market dynamics invalidate historical post-halving patterns. This change of tone, coming from a major player in traditional finance, revitalizes bullish expectations as BTC enters a new phase of acceleration.

In Brief

Standard Chartered expects Bitcoin could reach $135,000 very soon, even $200,000 by the end of 2025.
The bank challenges a historical cyclical model that predicted a post-halving drop.
Contrary to expectations, Bitcoin remains above $120,000 after the April 2024 halving.
This dynamic fits within a seasonal bullish trend nicknamed ‘Uptober’.

A Historical Model Disrupted According to Standard Chartered
In a shared note, Geoff Kendrick, global head of crypto research at Standard Chartered, questions one of the most entrenched cyclical patterns in crypto market analysis: the drop in bitcoin prices 18 months after a halving.

“Bitcoin has departed from a pattern that, until now, saw prices fall 18 months after the halving”, he observes. However, this cycle should have, according to this logic, triggered a notable retreat by this year’s end, following the April 2024 halving. This is evidently not the case. Bitcoin remains strong, even accelerating, breaking through the $120,000 mark this week.

This dynamic seems to confirm that the crypto market is escaping its old structural benchmarks. To support this idea, several factual elements reinforce the thesis of a new post-halving paradigm :

Bitcoin currently trades at $120,606, up 1.71 % over 24 hours ;

The price already reached $120,286 the day before, marking a nearly 8 % increase over the week ;

This rise fits into a trend nicknamed “Uptober”, well known among observers for its typical bullish momentum in the last quarter.

Kendrick points out that this trajectory is unprecedented compared to the post-halving cycle observed in 2018–2019, where the market remained inert despite a U.S. government shutdown similar to the current one.

Massive Flows into Bitcoin ETFs
Beyond cyclical considerations, Standard Chartered highlights a fundamental element in the current bitcoin rise: institutional demand. In his note, Geoff Kendrick specifies that net inflows into Bitcoin ETFs now reach $58 billion, including $23 billion generated in 2025 alone.

He states : “I anticipate at least an additional $20 billion by year-end, an amount that would make my forecast of $200,000 for bitcoin at that deadline possible”. The analyst thus suggests that the current dynamic could not only lead to a peak of $135,000 but potentially to $200,000 by the end of the year, should the flows continue.

Looking ahead, several implications can be considered. First, this rise in institutional participants could contribute to reducing bitcoin’s historical volatility while increasing its correlation with global macroeconomic indicators. Next, the increase in flows toward ETFs fuels a form of financial legitimization of BTC, likely to attract capital still on the fringes of the crypto market in this thrilling year-end.

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Luc Jose A.

Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019.
Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.

Shiba Inu (CRYPTO: SHIB) is up 6% on the week, with a potential bigger breakout in the making.

CryptocurrencyTickerPriceMarket Cap7-Day TrendShiba Inu(CRYPTO: SHIB)$0.00001262 $7.4 billion+6.2% Dogecoin(CRYPTO: DOGE)$0.2584 $39 billion+11.6% Pepe(CRYPTO: PEPE)$0.00001013 $4.3 billion+7.3% Trader Notes: Crypto trader EtherNasyonal noted that SHIB is in an "accumulation phase," calling it the potential "calm before the storm."

Crypto trader CW highlighted that a breakout above the $0.000013 sell wall could propel SHIB to $0.0000155.

Statistics: Shibburn data shows the burn rate surging by 494.9%, with 1.6 million SHIB destroyed in the past 24 hours.

CryptoQuant data shows that nearly 284 billion SHIB tokens were moved between exchanges in the past day, raising questions about whether holders are preparing to cash out or positioning for further accumulation.

Community News: Shibarium confirmed it has recovered from a major bridge exploit that disrupted operations and threatened user assets.

After a 10-day recovery effort with cybersecurity firm Hexens.io, developers reinforced security, rescued the compromised assets, restored checkpointing, and rolled out fixes across Devnet, Puppynet, and Mainnet.

The exploit involved fake checkpoints and the malicious staking of 4.6 million BONE, which broke Heimdall's link.

Read Next: 

Shiba Inu Gains 5% On First ‘Uptober’ Day: What Does Technical Analysis Predict?
Image: Shutterstock

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© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

Marathon Digital Holdings Inc. (NASDAQ:MARA) gained 3.7% on Friday after reporting a September Bitcoin (CRYPTO: BTC) production of 736 BTC and disclosing its treasury rose to 52,850 BTC.

Marathon Mines 736 BTC In September As Treasury Swells To 52,850The company said its September output increased 4% from August, with 218 blocks mined.

Despite noting it was a net seller of bitcoin during the month, Marathon's overall holdings grew from 50,639 BTC in August to 52,850 BTC by the end of September, according to public data.

Marathon positions itself not only as a leading bitcoin miner but also as one of the largest corporate treasuries, second only to Strategy Inc. (NASDAQ:MSTR), which holds more than 640,000 BTC.

MARA Stock Forms Cup-And-Handle With $26 Breakout TargetMARA stock price has been carving out a bullish cup-and-handle structure since early September. 

Price is now testing neckline resistance around $20–21, a level aligned with a descending trendline from late 2024.

A decisive close above this zone would confirm the breakout pattern, potentially targeting $24–26, with extended upside toward $28.

Read also: Bitcoin Rockets To $123,000 As Standard Chartered Forecasts $135,000 Target

Moving Averages And RSI Strength Back Marathon RallyThe 20-day EMA at $17.56 and 50-day EMA at $16.88 are rising, while the 100- and 200-day EMAs sit near $16.50, reinforcing support levels. 

If the stock retreats, the $17 region remains the first defensive floor.

The RSI stands at 65, indicating strong momentum without immediate overbought signals. Traders will watch closely as the stock approaches critical resistance.

Read Next:

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This trader turned $68,700 into $9.4 million by betting on BNB Chain’s viral ‘4’ memecoin Oluwapelumi Adejumo · 18 seconds ago · 2 min read

This unlikely memecoin windfall reflects the pitfalls and promises of speculative social sentiment trading.

Oct. 3, 2025 at 7:15 pm UTC

2 min read

Updated: Oct. 3, 2025 at 7:08 pm UTC

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

An unknown crypto trader has made one of the most unlikely fortunes of the year, turning a $68,700 bet into roughly $9.4 million by backing a token that originated from a social media hack.

On Oct. 3, blockchain analytics firm Lookonchain reported that the trader bought 63.07 million units of a Binance Smart Chain token called “4” on Oct. 1 for 68 BNB.

Within two days, the value of that stash had multiplied by over 135x, leaving the holder with an unrealized gain of roughly $9.3 million. This remarkable profit once again highlights the extremes of memecoin speculation.

Unlike conventional cryptocurrencies, these tokens often lack underlying utility and trade almost entirely on social sentiment. Their volatility makes them risky, yet the potential for exponential gains continues to draw new investors.

4 memecoin origin storyThe “4” memecoin token has an unusual backstory. On Oct. 1, attackers hijacked the official BNB Chain X account and used it to distribute phishing links.

BNB Chain later reported that ten malicious links were shared during the breach, resulting in approximately $8,000 in total losses across networks, with one user incurring a loss of up to $6,500.

Yu Xiang, founder of blockchain security firm Slowmist, connected the attack to Inferno Drainer. He said:

“[This is] another phishing operation related to the notorious Inferno Drainer phishing group. Judging by one of the phishing wallet addresses, the number of victims might be a few dozen

Inferno Drainer is a notorious group known for offering “drainer-as-a-service” kits. These tools enable scammers to create fake websites and accounts that are designed to siphon funds in exchange for a share of the stolen assets.

Meanwhile, the attackers had also launched the “4” memecoin during the exploit, selling their initial holdings for around $4,000. They then manipulated the market to push up prices and staged another exit for $22,000 before abandoning the project.

In many cases, this would have been the end of the story. However, instead of collapsing, the token found new life. Crypto traders consolidated liquidity, effectively taking the project out of the attacker’s hands and transforming it into a community-led asset.

That unexpected shift fueled a price surge. Market tracker Dexscreener shows that “4” gained nearly 200% in the last 24 hours, trading at $0.1775 with a market capitalization above $150 million as of press time.

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Entergy (ETR - Free Report) , which belongs to the Zacks Utility - Electric Power industry, could be a great candidate to consider.

When looking at the last two reports, this power company has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 23.82%, on average, in the last two quarters.

For the most recent quarter, Entergy was expected to post earnings of $1.05 per share, but it reported $0.91 per share instead, representing a surprise of 15.38%. For the previous quarter, the consensus estimate was $0.62 per share, while it actually produced $0.82 per share, a surprise of 32.26%.

Price and EPS Surprise

Thanks in part to this history, there has been a favorable change in earnings estimates for Entergy lately. In fact, the Zacks Earnings ESP (Expected Surprise Prediction) for the stock is positive, which is a great indicator of an earnings beat, particularly when combined with its solid Zacks Rank.

Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Entergy has an Earnings ESP of +4.23% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #3 (Hold), it shows that another beat is possibly around the corner.

Investors should note, however, that a negative Earnings ESP reading is not indicative of an earnings miss, but a negative value does reduce the predictive power of this metric.

Many companies end up beating the consensus EPS estimate, though this is not the only reason why their shares gain. Additionally, some stocks may remain stable even if they end up missing the consensus estimate.

Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Hershey (HSY - Free Report) , which belongs to the Zacks Food - Confectionery industry.

This chocolate bar and candy maker has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 13.77%.

For the most recent quarter, Hershey was expected to post earnings of $1.21 per share, but it reported $1.01 per share instead, representing a surprise of 19.80%. For the previous quarter, the consensus estimate was $1.94 per share, while it actually produced $2.09 per share, a surprise of 7.73%.

Price and EPS Surprise

For Hershey, estimates have been trending higher, thanks in part to this earnings surprise history. And when you look at the stock's positive Zacks Earnings ESP (Expected Surprise Prediction), it's a great indicator of a future earnings beat, especially when combined with its solid Zacks Rank.

Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Hershey has an Earnings ESP of +1.61% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #3 (Hold), it shows that another beat is possibly around the corner. The company's next earnings report is expected to be released on October 30, 2025.

When the Earnings ESP comes up negative, investors should note that this will reduce the predictive power of the metric. But, a negative value is not indicative of a stock's earnings miss.

Many companies end up beating the consensus EPS estimate, though this is not the only reason why their shares gain. Additionally, some stocks may remain stable even if they end up missing the consensus estimate.

Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? Parker-Hannifin (PH - Free Report) , which belongs to the Zacks Manufacturing - General Industrial industry, could be a great candidate to consider.

This maker of motion and control products has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 5.87%.

For the most recent quarter, Parker-Hannifin was expected to post earnings of $7.69 per share, but it reported $7.08 per share instead, representing a surprise of 8.62%. For the previous quarter, the consensus estimate was $6.73 per share, while it actually produced $6.94 per share, a surprise of 3.12%.

Price and EPS Surprise

For Parker-Hannifin, estimates have been trending higher, thanks in part to this earnings surprise history. And when you look at the stock's positive Zacks Earnings ESP (Expected Surprise Prediction), it's a great indicator of a future earnings beat, especially when combined with its solid Zacks Rank.

Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Parker-Hannifin currently has an Earnings ESP of +1.54%, which suggests that analysts have recently become bullish on the company's earnings prospects. This positive Earnings ESP when combined with the stock's Zacks Rank #3 (Hold) indicates that another beat is possibly around the corner.

With the Earnings ESP metric, it's important to note that a negative value reduces its predictive power; however, a negative Earnings ESP does not indicate an earnings miss.

Many companies end up beating the consensus EPS estimate, though this is not the only reason why their shares gain. Additionally, some stocks may remain stable even if they end up missing the consensus estimate.

Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering GSK (GSK - Free Report) , which belongs to the Zacks Medical - Biomedical and Genetics industry.

When looking at the last two reports, this drug developer has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 7.23%, on average, in the last two quarters.

For the most recent quarter, Glaxo was expected to post earnings of $1.23 per share, but it reported $1.12 per share instead, representing a surprise of 9.82%. For the previous quarter, the consensus estimate was $1.08 per share, while it actually produced $1.13 per share, a surprise of 4.63%.

Price and EPS Surprise

For Glaxo, estimates have been trending higher, thanks in part to this earnings surprise history. And when you look at the stock's positive Zacks Earnings ESP (Expected Surprise Prediction), it's a great indicator of a future earnings beat, especially when combined with its solid Zacks Rank.

Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high as seven.

The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate for the quarter; the Most Accurate Estimate is a version of the Zacks Consensus whose definition is related to change. The idea here is that analysts revising their estimates right before an earnings release have the latest information, which could potentially be more accurate than what they and others contributing to the consensus had predicted earlier.

Glaxo has an Earnings ESP of +0.20% at the moment, suggesting that analysts have grown bullish on its near-term earnings potential. When you combine this positive Earnings ESP with the stock's Zacks Rank #3 (Hold), it shows that another beat is possibly around the corner. The company's next earnings report is expected to be released on October 29, 2025.

Investors should note, however, that a negative Earnings ESP reading is not indicative of an earnings miss, but a negative value does reduce the predictive power of this metric.

Many companies end up beating the consensus EPS estimate, though this is not the only reason why their shares gain. Additionally, some stocks may remain stable even if they end up missing the consensus estimate.

Because of this, it's really important to check a company's Earnings ESP ahead of its quarterly release to increase the odds of success. Make sure to utilize our Earnings ESP Filter to uncover the best stocks to buy or sell before they've reported.

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NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF continues its investigation into Five Below, Inc. (NasdaqGS: FIVE).

On July 16, 2024, the Company disclosed that “[c]omparable sales decreased 5.0% versus the restated and comparable period ended July 15, 2023,” and that “[a]s a result, [Five Below] now expects sales for the fiscal second quarter ending August 3, 2024 to be in the range of $820 million to $826 million and assumes an approximate 6% to 7% decrease in comparable sales,” and also announced the sudden departure of the Company’s President and CEO.

Thereafter, the Company and certain of its executives were sued in a securities class action lawsuit, charging them with failing to disclose material information during the Class Period, violating federal securities laws. Recently, the court presiding over that case denied the Company’s motion to dismiss in part, allowing the case to move forward.

KSF’s investigation is focusing on whether Five Below’s officers and/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws.

If you have information that would assist KSF in its investigation, or have been a long-term holder of Five Below shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-833-938-0905 or email KSF Managing Partner Lewis Kahn ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqgs-five/ to learn more.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors - in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, New Jersey, and a representative office in Luxembourg.

TOP 10 Plaintiff Law Firms - According to ISS Securities Class Action Services

To learn more about KSF, you may visit www.ksfcounsel.com.

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Another historic session is unfolding on Wall Street, where every major index surged to new records by midday trading on Friday, even as Washington's shutdown dragged into its third day.

BENSALEM, Pa., Oct. 03, 2025 (GLOBE NEWSWIRE) -- Law Offices of Howard G. Smith reminds investors that class action lawsuits have been filed on behalf of shareholders of the following publicly-traded companies. Investors have until the deadlines listed below to file a lead plaintiff motion.

Investors suffering losses on their investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in these class actions at (215) 638-4847 or by email to [email protected].

Quanex Building Products Corporation (NYSE: NX)
Class Period: December 12, 2024 – September 5, 2025
Lead Plaintiff Deadline: November 18, 2025

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

Jasper Therapeutics, Inc. (NASDAQ: JSPR)
Class Period: November 30, 2023 – July 3, 2025
Lead Plaintiff Deadline: November 18, 2025

The complaint alleges that throughout the Class Period the defendants made false and/or misleading statements and/or failed to disclose that: (1) Jasper lacked the controls and procedures necessary to ensure that the third-party manufacturers on which it relied were manufacturing products in full accordance with cGMP regulations and otherwise suitable for use in clinical trials; (2) the foregoing failure increased the risk that results of ongoing studies would be confounded, thereby negatively impacting the regulatory and commercial prospects of the Company’s products, including briquilimab; (3) the foregoing increased the likelihood of disruptive cost-reduction measures; (4) accordingly, the Company’s business and/or financial prospects, as well as briquilimab’s clinical and/or commercial prospects, were overstated; and (5) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

KBR, Inc. (NYSE: KBR)
Class Period: May 6, 2025 – June 19, 2025
Lead Plaintiff Deadline: November 18, 2025

The complaint alleges that throughout the Class Period the defendants made false and/or misleading statements and/or failed to disclose that: (1) Despite the knowledge that TRANSCOM had, for months, had material concerns with HomeSafe’s ability to fulfill the Global Household Goods Contract, Defendants claimed that the partnership was without issue, and would ramp up in future quarters; and (2) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

RCI Hospitality Holdings, Inc. (NASDAQ: RICK)
Class Period: December 15, 2021 – September 16, 2025
Lead Plaintiff Deadline: November 20, 2025

The complaint alleges that throughout the Class Period the defendants made false and/or misleading statements and/or failed to disclose that: (1) Defendants engaged in tax fraud; (2) Defendants committed bribery to cover up the fact that they committed tax fraud; (3) as a result, Defendants understated the legal risk facing the Company; and (4) as a result, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

To be a member of these class actions, you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about these class actions, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215) 638-4847 or by email to [email protected], or visit our website at www.howardsmithlaw.com.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
[email protected]
www.howardsmithlaw.com

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Kimco Realty Corporation (NYSE:KIM) has emerged as one of the most opportunistic shopping center REITs. Its valuation, relative to the sector and on an absolute scale, has gotten cheaper. At today’s price, one is no longer paying a premium for Kimco’s scale, yet they retain significant advantages of scale, such as Kimco’s reduced frictional cost of operations, as it now has the lowest deal gestation period in the business. I rate Kimco a "Strong Buy."

Gestation Period As A Key Indicator Of Negotiating Power In Real Estate Leasing Prologis’ CFO Tim Arndt described at a 9/10/25 BofA Global Real Estate conference roundtable discussion that deal-making has actually slowed down in industrial leasing:

We call it gestation and that number typically sits in the mid-40s days. Now I think one thing you should expect to see when we report the third quarter, and I don't know this number yet, but I bet we're going to see gestation pretty long. I thought we're going to see 50 -- I wonder if we could have a 6 in front of it in terms of days and that's actually going to be reflective of the consternation that's sitting in the pipeline, which is that there's a lot of deals sitting there.

Industrial demand is there with a high number of tenant property tours, but throughout 2025, it has taken tenants a very long time to pull the trigger.

I believe that has to do with the somewhat elevated vacancy in the sector. There is no fear among potential tenants that vacancies will dry up and they will be left without real estate. So they drag their feet until everything aligns, and they decide to occupy.

Kimco’s CEO, Connor Flynn, described a very different situation for retail:

Since our last earnings call, we haven't seen any slowdown in leasing velocity or tenant demand, quite the opposite. Retailers are actively pursuing space, accelerating deals to meet their store opening mandates and focusing tightly on well-located, high-performing centers just like Kimco owns.

Unlike industrial, which has almost 9% vacancy nationally, shopping centers are filling up. High-quality spaces in particular are approaching full occupancy, such that tenants know they could miss out on space entirely if they don’t act quickly.

Connor continues:

In today's tight supply backdrop, delaying new store openings mean losing share to a competitor, and our pipeline reflects that urgency. Recent highlights just a 5-store Sprouts package, we executed in under a month multi-site T.J. Maxx deals turned around in just 10 days. That's a new record for us, demonstrate the pace that's now possible with the right platform and the right technology.

Scarcity of high-quality real estate is really starting to work in retail landlords’ favor.

Scarcity Is An Enduring Driver Usually, when conditions of scarcity percolate in retail, the solution is to just build new properties. Yet that is not happening in shopping centers, which haven’t had a material new supply since 2010.

Even now, as high demand is making shopping centers a hot sector, supply remains quite minimal.

Why?

Cost-to-build is too high relative to current rental rates. Depending on location, size, and specs, it costs somewhere between $300 and $600 per square foot to build and outfit a new shopping center.

The average rent per square foot among retail REITs is $20.33. The average NOI margin is somewhere around 70%, so that is about $14 per foot in NOI.

In today’s interest rate environment, it simply doesn’t pencil to develop at $300-$600 a foot to get $14 per foot in NOI.

Note that existing rents, which is where the $20.33 average figure comes from, are substantially lower than rent on new signings. New leases are being signed closer to $27-$30 per foot.

Even at the new lease rate, developments don’t underwrite well.

So, supply will remain constrained until such a time that market rental rates rise substantially.

This to me suggests that retail REITs have 2 significant chunks of revenue growth ahead.

The mark-to-market as lease rates move from existing contracts at $20.33 average to current market rates closer to the high $20s. An increase to market rates up to a level that restores supply/demand equilibrium by making developments viable. The level of market rent that facilitates construction will, of course, vary by market and property specs, but I would estimate it is at least $35 a foot.

It may take a long time, as current leases for the industry have staggered maturity over the next 10 or so years, and some even have option renewals that could take it beyond that. Over time, however, rental rates for the sector should move from $20.33 on average to closer to $35 on average.

It is a slow but considerable tailwind for the sector.

For Kimco specifically, the tight supply and high-demand manifest three positive changes:

Fast filling of vacancies. Significantly higher rents. Shorter gestation times. Party City, JOANN, and Big Lots were significant tenants for many REITs, and each announced bankruptcy and/or store closures in a wave. These big box vacancies alarmed shopping center REIT investors, causing most of the sector and Kimco to drop in the last year.

SA

Historically, sudden and unexpected vacancies can be devastating. Not only is the revenue stream lost, but the REIT then has the negative carry of still having to pay maintenance and taxes on a vacant box. Further, there can be co-tenancy clauses that reduce the rent of in-line tenants if the anchor space is dark.

Thus, it is understandable why so many investors were concerned by the announcements.

However, this environment is different.

For the first time in 30 years, existing leases are more of a liability than an asset. Existing leases are allowing tenants to stay at that $20.33 per foot average, and in the case of big boxes, the rental rates are often even lower than that.

But once the tenants declare bankruptcy and stop paying rent, the landlord gets to kick them out and replace them. The “liability” of the lease is eliminated, allowing the REIT to bring in a new tenant far before the former lease expiry.

At the same BofA conference, Connor Flynn described the re-leasing process:

Over 90% of the boxes vacated by Party City, JOANN and Big Lots have been executed at large double-digit rent spreads. This has helped expand our signed but not open pipeline to $66 million, which will provide meaningful future cash flow growth as 88% of that will commence by the end of next year.

That is quick backfill and substantially higher rent. Additionally, the culling of weak tenants has concentrated KIM into strong tenants. Connor went on to say:

The watch list is the smallest it's ever been.

REITs keep a running tab of tenants they view as being at risk of potential vacancy. KIM is now projecting very few tenant problems in the near to medium term.

With minimal churn, new leases and lease rollups should accrete directly to the bottom line. We see KIM’s growth coming primarily from 2 sources.

Commencement of SNO leases. Rollups as leases expire. KIM has $66 million in annual base rent from SNO leases. $45 of that will commence by the end of 2026. The SNO leases represent roughly 10 cents per share in AFFO accretion.

Rollups look to be 7%-ish on renewals and 30+ percent on new leases.

Turning once again to the same conference call, Connor provided updated leasing info:

It's a good combination of new leasing spreads being in that like 30-plus percent range and renewal spreads being high single digits.

It is a rare treat to get fresh leasing data in mid-September. Usually, we would have to wait until the 3Q25 earnings report.

Kimco’s Operational Advantage KIM has spent a good deal of effort and capital developing leasing tools. They attribute the speediness of recent lease negotiations to the tools, and it seems this could be an enduring advantage.

Shopping centers have traditionally been considered “full” at around 95% occupancy, as there is frictional vacancy related to the time it takes to get tenants in and out. However, with the gestation sped up by KIM’s proprietary tools and quick deal-making, they may be able to lower that friction and achieve a higher peak occupancy.

This means less money spent on tenant turnover and more time spent collecting rent.

The deal curve is being compressed. That's why I mentioned the T.J. Maxx. That's why I mentioned the Sprouts deals. Those are the fastest we've ever done and a lot of the tools we're using today allow us to expedite that deal curve.

Valuation While KIM’s stock price has been down in the past year, its asset value has increased considerably.

S&P Global Market Intelligence

It is now trading at a 16.6% discount to NAV.

Relative value has also improved, with KIM trading right at the sector median leverage-adjusted AFFO multiple.

2nd Market Capital

In my opinion, the shopping center REIT sector is broadly undervalued at 15.4X AFFO. Given the embedded rental rate growth discussed earlier in the article, I think the sector should trade closer to 18X.

I suspect the reason for the cheap multiple is a rear-view mirror perspective of risk. If we look at the last 30 years, shopping centers have been a reasonably high-risk sector.

Vacancies used to be devastating, and the sector suffered during the Financial Crisis as well as during COVID.

Fundamental dynamics have changed. The wave of big box vacancies that hit in the last year would have previously been highly dilutive, but with high tenant demand for space and a paucity of new supply, such bankruptcies have been almost an accretive event. In fact, when the new leases commence, mostly in 2026, it will be AFFO accretive.

It is a drastically better fundamental landscape for shopping centers than in previous eras. The multiple of the stocks has not yet been adjusted. I think the whole sector will outperform, and Kimco is among the better-positioned within the sector.

Investors might want to bet on Micron (MU - Free Report) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.

The upward trend in estimate revisions for this chipmaker reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool -- the Zacks Rank -- is principally built on this insight.

The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008.

For Micron, strong agreement among the covering analysts in revising earnings estimates upward has resulted in meaningful improvement in consensus estimates for the next quarter and full year.

The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate:

12 Month EPS

Current-Quarter Estimate RevisionsThe company is expected to earn $3.75 per share for the current quarter, which represents a year-over-year change of +109.5%.

Over the last 30 days, the Zacks Consensus Estimate for Micron has increased 26.69% because seven estimates have moved higher compared to no negative revisions.

Current-Year Estimate RevisionsFor the full year, the company is expected to earn $16.58 per share, representing a year-over-year change of +100.0%.

The revisions trend for the current year also appears quite promising for Micron, with nine estimates moving higher over the past month compared to no negative revisions. The consensus estimate has also received a boost over this time frame, increasing 27.14%.

Favorable Zacks RankThanks to promising estimate revisions, Micron currently carries a Zacks Rank #1 (Strong Buy). The Zacks Rank is a tried-and-tested rating tool that helps investors effectively harness the power of earnings estimate revisions and make the right investment decision.

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

Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500.

Bottom LineInvestors have been betting on Micron because of its solid estimate revisions, as evident from the stock's 47.9% gain over the past four weeks. As its earnings growth prospects might push the stock higher, you may consider adding it to your portfolio right away.

Robinhood Markets, Inc. (HOOD - Free Report) could be a solid choice for investors given the company's remarkably improving earnings outlook. While the stock has been a strong performer lately, this trend might continue since analysts are still raising their earnings estimates for the company.

The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this company, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool -- the Zacks Rank -- is principally built on this insight.

The five-grade Zacks Rank system, which ranges from a Zacks Rank #1 (Strong Buy) to a Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record of outperformance, with Zacks #1 Ranked stocks generating an average annual return of +25% since 2008.

Consensus earnings estimates for the next quarter and full year have moved considerably higher for Robinhood Markets, Inc., as there has been strong agreement among the covering analysts in raising estimates.

The chart below shows the evolution of forward 12-month Zacks Consensus EPS estimate:

12 Month EPS

Current-Quarter Estimate RevisionsThe company is expected to earn $0.47 per share for the current quarter, which represents a year-over-year change of +176.5%.

Over the last 30 days, three estimates have moved higher for Robinhood Markets while one has gone lower. As a result, the Zacks Consensus Estimate has increased 14.56%.

Current-Year Estimate RevisionsFor the full year, the company is expected to earn $1.73 per share, representing a year-over-year change of +58.7%.

In terms of estimate revisions, the trend for the current year also appears quite encouraging for Robinhood Markets. Over the past month, three estimates have moved higher compared to one negative revision, helping the consensus estimate increase 11.4%.

Favorable Zacks RankThe promising estimate revisions have helped Robinhood Markets earn a Zacks Rank #1 (Strong Buy). The Zacks Rank is a tried-and-tested rating tool that helps investors effectively harness the power of earnings estimate revisions and make the right investment decision.

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

Our research shows that stocks with Zacks Rank #1 (Strong Buy) and 2 (Buy) significantly outperform the S&P 500.

Bottom LineWhile strong estimate revisions for Robinhood Markets have attracted decent investments and pushed the stock 41.6% higher over the past four weeks, further upside may still be left in the stock. So, you may consider adding it to your portfolio right away.

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NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed merger of Barinthus Biotherapeutics plc (NasdaqGM: BRNS) and Clywedog Therapeutics, Inc. Under the terms of the proposed transaction, Barinthus shareholders will receive one share of common stock in the new combined company for each American Depositary Share or ordinary share owned, and Clywedog shareholders will receive 4.358932 shares of common stock in the new combined company for each common or preferred share owned. KSF is seeking to determine whether the merger and the process that led to it are adequate, or whether the merger is fair to Barinthus shareholders.

If you would like to discuss your legal rights regarding the proposed transaction, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ([email protected]) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgm-brns/ to learn more.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

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A Chevron logo outside the Chevron building in Houston, Texas, U.S. August 19, 2025. REUTERS/Kaylee Greenlee/File Photo Purchase Licensing Rights, opens new tab

SummaryCompaniesInfrastructure mostly inherited from Noble Midstream buyAssets generate $200 mln of EBITDASale comes as Chevron aims to boost financial performance, prioritize cashNEW YORK, Oct 3 (Reuters) - Chevron

(CVX.N), opens new tab is selling a collection of pipeline assets in the Denver-Julesburg shale basin that are likely to fetch more than $2 billion, people familiar with the matter said.

Investment bankers at Bank of America

(BAC.N), opens new tab have been working in recent weeks to solicit potential interest in the infrastructure, which was largely inherited from the oil major's acquisition of Noble Energy in 2020 and its subsequent full takeover of Noble's midstream business a year later, said the sources, who asked not to be named because the talks are private.

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Collectively, the assets generate around $200 million of earnings before interest, taxes, depreciation and amortization (EBITDA), some of the people added. Based on sales of similar assets, Chevron can expect to fetch upwards of $2 billion.

A sale is not guaranteed, and Chevron could ultimately retain some or all of the assets, the people cautioned.

Chevron did not respond to a comment request. Bank of America declined comment.

Chevron is one of the largest producers of oil and gas in the Denver-Julesburg basin, which predominantly covers Colorado but also parts of Wyoming.

While clinching its $55 billion acquisition of Hess in July after a long legal battle with Exxon Mobil

(XOM.N), opens new tab was a major victory, Chevron has been grappling with how to control costs, compete with rivals, and maintain financial performance, all against an uncertain oil price outlook.

It is in the midst of shedding up to 20% of its global workforce. Chief Executive Mike Wirth told an August 1 analyst call it would challenge itself to divest assets that take money away from more profitable prospects.

Deal activity in U.S. midstream has been robust, even as the Trump administration has moved to make building pipelines easier. While much has been driven by strategic players, reengaging in acquisitions after a period focused on debt reduction, private equity firms have also been keen buyers of assets.

In recent weeks, MPLX

(MPLX.N), opens new tab agreed to buy privately-owned Northwind Midstream for $2.4 billion and sell assets in the Rockies for $1 billion. Plains All American

(PAA.O), opens new tab announced a $1.6 billion deal to buy a stake in the company which owns the EPIC Crude pipeline.

Reporting by David French in New York
Editing by Nick Zieminski
Editing by Nick Zieminski

Our Standards: The Thomson Reuters Trust Principles., opens new tab