Market Signal Briefing

Investors in Fortis Inc. (FTS - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the Mar 20, 2026 $30.00 Put had some of the highest implied volatility of all equity options today.

What is Implied Volatility?Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the other. It could also mean there is an event coming up soon that may cause a big rally or a huge sell off. However, implied volatility is only one piece of the puzzle when putting together an options trading strategy.

What do the Analysts Think?Clearly, options traders are pricing in a big move for Fortis share, but what is the fundamental picture for the company? Currently, Fortis is a Zacks Rank #3 (Hold) in the Utility - Electric Power Industry that ranks in the Bottom 40% of our Zacks Industry Rank. Over the last 60 days, two analysts have increased their estimates for the current quarter, while none have revised their estimates downward. The net effect has taken our Zacks Consensus Estimate for the current quarter to move from 73 cents per share to 76 cents per share in the same time period.

Given the way analysts feel about Fortis right now, this huge implied volatility could mean there’s a trade developing. Often times, options traders look for options with high levels of implied volatility to sell premium. This is a strategy many seasoned traders use because it captures decay. At expiration, the hope for these traders is that the underlying stock does not move as much as originally expected.

Key Takeaways AG surged 335.9% in the past year but slipped 5.8% last week.IPG Photonics stock is up 98.1% over the past year but fell 11.5% last week.Encore Capital Group shares climbed 102.1% in a year but dropped 5.6% last week. The broader U.S. equity markets witnessed intense volatility over the past few days, as concerns related to crude oil prices across the globe escalated with the intense war between the United States and Iran continuing for nearly a fortnight. As oil prices touched $120 a barrel, alarm bells were raised, sending shockwaves throughout global bourses. However, the proposed release of the largest oil reserves by the International Energy Agency appeared to soothe the nerves, cooling the soaring oil prices.

With President Trump predicting that the war is likely to end very soon, markets regained much of the lost value. Amid the vagaries of the market, investors often seek to employ time-tested winning strategies to fetch sustained profits. One of the most successful game plans to beat the blues is to bet on momentum stocks, like First Majestic Silver Corp. (AG - Free Report) , IPG Photonics Corporation (IPGP - Free Report) and Encore Capital Group, Inc. (ECPG - Free Report) when value or growth investing fails to generate the desired profits.

This approach primarily tends to follow the adage, “the trend is your friend.” At its core, momentum investing is “buying high and selling higher.” It is based on the idea that once a stock establishes a trend, it is more likely to continue in that direction because of the momentum that is already behind it. Momentum investing is a way to profit from the general human tendency to extrapolate current trends into the future. It is based on that gap in time before the mean reversion occurs, i.e., before prices become rational again.

Momentum strategies have been known to be alpha-generative over a long period and across market stages. Therefore, this strategy is quite tricky to implement, as detecting these trends is no child’s play. Here, we have created a strategy to help investors get in on these fast movers and rake in handsome gains. Our screen will help you benefit from long-term price momentum and a short-term pullback in price.

Screening Parameters for Momentum Anomaly StocksPercentage Change in Price (52 Weeks) = Top #50: This selects the top 50 stocks with the best percentage price change over the last 52 weeks. This parameter ensures we get the best stocks that have appreciated steadily over the past year.

Percentage Change in Price (1 Week) = Bottom #10: From the above 50 stocks, we then choose those that are also among the 10 worst performers over a short one-week period. This parameter picks the ones that have witnessed a short-term pullback in price.

Zacks Rank #1: Stocks sporting a Zacks Rank #1 (Strong Buy) have a proven history of outperformance irrespective of the market conditions. You can see the complete list of today’s Zacks #1 Rank stocks here.

Momentum Style Score of B or Better: A top Momentum Style Score knocks out a lot of the screening process, as it takes into account several factors that include volume change and performance relative to its peers. It indicates when the timing is best to grab a stock and take advantage of its momentum with the highest probability of success. Stocks with a Momentum Score of A or B, when combined with a Zacks Rank #1 or 2 (Buy), handily outperform other stocks.

Current Price greater than $5: The stocks must all be trading at a minimum of $5.

Market Capitalization = Top #3000: We have chosen stocks that are among the top 3000 in terms of market value to ensure the stability of price.

Average 20-Day Volume greater than 100,000: A substantial trading volume ensures that these stocks are easily tradable.

Here are three of the nine stocks that made it through this screen:

Headquartered in Vancouver, Canada, First Majestic engages in the acquisition, exploration, development and production of mineral properties in North America. The company focuses on silver and gold production in Mexico and the United States.

The stock has jumped a whopping 335.9% in the past year but declined 5.8% in the past week. First Majestic has a Momentum Score of B.

Headquartered in Marlborough, MA, IPG Photonics offers high-power fiber lasers and amplifiers used primarily in materials processing and other diverse applications. The company sells and markets its products to original equipment manufacturers, system integrators and end users through a direct sales force, as well as through agreements with independent sales representatives and distributors.

The stock has soared 98.1% in the past year but lost 11.5% in the past week. IPG Photonics has a Momentum Score of A.

Headquartered in San Diego, CA, Encore Capital Group provides debt recovery solutions and other related services for consumers across financial assets worldwide. Through its subsidiaries around the globe, the company purchases portfolios of consumer receivables from major banks, credit unions and utility providers.

The stock has surged 102.1% in the past year but lost 5.6% in the past week. Encore Capital Group has a Momentum Score of A.

Oracle Corporation (ORCL) has regained the market's confidence as bulls retake decisive control, driven by robust execution and stabilization after recent volatility. ORCL's deepening partnership with OpenAI anchors a >$550B backlog, but execution risks and AI leadership shifts remain key points to watch closely. Management's guidance targets $90B revenue by FY2027 (up 35% from $67B), with improving free cash flow margins and profitability by FY2029. Visibility is now much clearer.

TEMPE, AZ / ACCESS Newswire / March 11, 2026 / Hemisphere GNSS, a brand of CNH (NYSE:CNH), together with Calian Group Ltd. (TSX:CGY), proudly announce the release of the new A65 GNSS (global navigation satellite system) antenna, a jointly developed, next generation solution engineered to deliver exceptional accuracy, superior interference protection, and robust GNSS tracking performance. Created through a close collaboration between Hemisphere GNSS and Calian, the A65 is designed as a direct, drop-in replacement for the widely deployed A45 antenna, offering users a seamless upgrade path to the latest precision technology.

"We are proud to partner with Calian to bring the A65 GNSS antenna to market," said Miles Ware, Director of Product Management at Hemisphere GNSS. "This program represents a true team effort, combining Calian's world‑class antenna engineering with our commitment to delivering reliable, high‑performance positioning solutions to our customers."

The collaboration reflects a shared focus on combining advanced radio frequency (RF) design with real‑world application insight to address increasingly complex GNSS operating environments, with both teams working closely from the earliest stages of development to meet demanding original equipment manufacturer (OEM) performance requirements.

"The A65 demonstrates the value of pairing Hemisphere's application expertise with Calian's advanced GNSS engineering," said Ken MacLeod, Director of Product Management at Calian. "Our XF Filtering® technology and next‑generation antenna architecture enable OEMs like Hemisphere to deliver exceptional performance in some of the world's most challenging RF environments."

A Collaborative Design Driven by Industry Leaders

The A65 was developed through a joint effort between Hemisphere GNSS and Calian, leveraging the strengths of both organizations. The antenna architecture itself, including the stacked patch quad feed element and RF front end, was engineered by Calian. Hemisphere GNSS contributed application expertise, system integration requirements, and performance validation within real world machine control, agriculture, marine, and survey environments.

The result is a precision antenna that delivers:

Outstanding multipath suppression

Highly consistent phase center variation

Accurate tracking across GPS (L1/L2/L5), Galileo (E1/E5/E6), BeiDou (B1/B2/B3), GLONASS (G1/G2/G3), NavIC L5, QZSS, and L-band correction services

Lower power consumption and broad voltage compatibility

Together, Hemisphere and Calian ensured the A65 meets demanding field requirements while exceeding the performance benchmarks of the A45.

Calian XF Filtering® for Industry Leading Interference Rejection

A major advancement of the A65 is the integration of Calian's XF Filtering®, incorporated through the Hemisphere-Calian engineering partnership. This next-generation interference mitigation system rejects out-of-band energy at the antenna level, significantly improving signal quality in RF-challenging environments.

Calian XF Filtering® provides protection against:

4G / 5G cellular transmissions

Ligado and adjacent band interference sources

Broadband marine and aviation systems

Industrial and urban RF noise

By combining Calian's advanced filtering technology with Hemisphere GNSS's application-level expertise, the A65 delivers cleaner signals, improved reliability, and more stable performance in harsh real-world environments.

A Seamless Drop-in Replacement for the A45

Building on the legacy of the trusted A45 antenna, the A65 provides:

Same mechanical footprint

Same connector location and mounting configuration

Rugged, weather resistant design

Yet the collaboration between Hemisphere GNSS and Calian elevates performance through:

Expanded GNSS band support

Integrated Calian XF Filtering®

Improved noise figure and reduced power draw

Enhanced shock, vibration, and environmental durability

Customers can upgrade immediately with no system redesign required.

Engineered for Rugged Field Use

Validated through Hemisphere GNSS field testing and Calian engineering qualification, the A65 includes:

IP69K environmental protection

High impact LEXAN™ radome and robust metallic base

Low noise amplifier (LNA) with high gain (2.5 dB NF, 28-30 dB gain)

15 kV electrostatic discharge (ESD) protection

-40°C to +85°C operating range

This ensures long-term performance across agriculture, survey, machine control, marine, and fixed-reference installations.

Availability

The A65 GNSS antenna is available now through Hemisphere GNSS. OEM module versions based on the same Calian engineered design are also offered for integrators requiring embedded solutions.

________________________________________

About Hemisphere GNSS

Hemisphere GNSS delivers innovative satellite positioning technologies to precision agriculture, marine, survey, and machine control markets. Through strong partnerships and a focus on high performance solutions, Hemisphere continues to advance reliable, accurate GNSS positioning for professional users worldwide. Hemisphere is a subsidiary of CNH Industrial (NYSE:CNH), a world-class equipment, technology and services company specializing in Agriculture and Construction. www.hemispheregnss.com

________________________________________

About Calian's GNSS Solutions

For over 40 years, Calian has delivered mission-critical solutions when failure is not an option. Trusted worldwide, we empower organizations in critical industries to overcome obstacles, manage risks and drive progress. By combining the expertise of our people, proven industry insight, cutting-edge technology, bold innovation and global reach, we deliver tailored solutions that solve complex challenges. Headquartered in Ottawa, Canada, with over 6,000 people around the world, Calian's solutions protect lives, strengthen security, foster global connectivity and drive economic progress, making a lasting impact where and when it matters most. www.calian.com

For more information, please contact:

Hemisphere GNSS
Phone: +1 (480) 348-6380
Email: [email protected]

SOURCE: Hemisphere GNSS

A month has gone by since the last earnings report for Waters (WAT - Free Report) . Shares have lost about 8.4% in that time frame, underperforming the S&P 500.

Will the recent negative trend continue leading up to its next earnings release, or is Waters due for a breakout? Well, first let's take a quick look at the latest earnings report in order to get a better handle on the recent catalysts for Waters Corporation before we dive into how investors and analysts have reacted as of late.

Waters Q4 Earnings Surpass Estimates, Revenue Rise Y/YWaters reported fourth-quarter 2025 non-GAAP earnings of $4.53 per share, which beat the Zacks Consensus Estimate by 0.67% and increased 10.5% year over year.

Net sales of $932.4 million topped the Zacks Consensus Estimate by 0.55%. The figure increased by 7% on a reported basis and 6% on a constant currency (cc) basis year over year.

Waters’ Q4 Top Line in DetailWAT operates under two organized segments: Waters and TA. The Waters segment generated sales worth $823.9 million, up 8% on a reported basis and 7% on a cc basis, year over year. Sales in the TA segment were $108.4 million, flat year over year on both a reported and cc basis.

Products & Services: The division comprises three segments: Instruments, Services and Chemistry. Instrument sales were $432.9 million, up 3% year over year on a reported and cc basis. Services sales were $329.1 million, which increased 9% year over year on a reported basis and 8% at cc. Chemistry sales were $170.3 million, which grew 13% on a reported basis and 12% at cc, year over year. The Services and Chemistry segments jointly generated recurring revenues of $499.5 million, up 10% year over year on a reported basis and 9% at cc.

Waters serves three end markets: Pharmaceutical, Industrial, and Governmental & Academic. The Pharmaceutical market generated sales of $540.6 million, which increased 8% on a year-over-year basis, reportedly, and 7% at cc. Industrial sales were $284.5 million, up 8% year over year on a reported and cc basis. Government & Academic sales decreased 2% reportedly and 3% at cc to $107.3 million.

Waters’ operating regions include Asia, the Americas and Europe. Asia generated sales of $283.9 million, up 4% and 11% on a reported and cc basis, respectively. Americas sales were $332.4 million, which increased 4% in both reported and cc terms. Europe generated sales of $315.9 million, which increased 13% reportedly and 4% at cc.

WAT’s Q4 Operating DetailsIn the fourth quarter of 2025, non-GAAP selling and administrative expenses were $191 million, up 13.3% year over year. As a percentage of net sales, the figure increased 120 basis points (bps) on a year-over-year basis.

Research and development expenses of $50.1 million, up 8.3% year over year. As a percentage of net sales, the figure expanded 10 bps year over year.

The adjusted operating margin was 35.2%, which contracted 20 bps year over year.

Waters Balance Sheet & Cash FlowAs of Dec. 31, 2025, cash and cash equivalents were $587.8 million, up from $459.1 million as of Sept. 27.

Waters generated cash from operations of $164.5 million in the reported quarter. The company reported a free cash flow of $125.2 million.

WAT Offers Q126 and FY26 GuidanceWaters expects first-quarter sales growth between 7% and 9% on a cc basis. Sales on an organic reported basis and reported basis are expected to be in the range of $718-$731 million and $1.19 billion to $1.21 billion, respectively.

Waters expects first-quarter 2026 non-GAAP earnings to be in the range of $2.25-$2.35 per share. This indicates year-over-year growth of approximately 0.0% to 4.4%.

For 2026, Waters expects cc sales growth between 5.5% and 7%. Sales on an organic reported basis and reported basis are expected to be in the range of $3.35-$3.40 billion and $6.40 billion to $6.45 billion, respectively.

Waters expects non-GAAP earnings in the $14.30 to $14.50 per share range. This reflects year-over-year growth of approximately 8.9% to 10.4%.

How Have Estimates Been Moving Since Then?Since the earnings release, investors have witnessed a downward trend in estimates revision.

The consensus estimate has shifted -9.42% due to these changes.

VGM ScoresAt this time, Waters has a subpar Growth Score of D, however its Momentum Score is doing a bit better with a C. Charting a somewhat similar path, the stock was allocated a score of D on the value side, putting it in the bottom 40% for value investors.

Overall, the stock has an aggregate VGM Score of D. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Interestingly, Waters has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months.

Performance of an Industry PlayerWaters is part of the Zacks Medical - Instruments industry. Over the past month, Hologic (HOLX - Free Report) , a stock from the same industry, has gained 0.5%. The company reported its results for the quarter ended December 2025 more than a month ago.

Hologic reported revenues of $1.05 billion in the last reported quarter, representing a year-over-year change of +2.5%. EPS of $1.04 for the same period compares with $1.03 a year ago.

Hologic is expected to post earnings of $1.08 per share for the current quarter, representing a year-over-year change of +4.9%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.

Hologic has a Zacks Rank #4 (Sell) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of B.

It has been about a month since the last earnings report for Sally Beauty (SBH - Free Report) . Shares have lost about 3.7% in that time frame, underperforming the S&P 500.

Will the recent negative trend continue leading up to its next earnings release, or is Sally Beauty due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important catalysts.

Sally Beauty Raises Low End of FY26 EPS View on Q1 Earnings BeatSally Beauty reported fiscal first-quarter 2026 results, wherein the top line came slightly below the Zacks Consensus Estimate, while the bottom line beat the Zacks Consensus Estimate, and both increased year over year.

SBH’s Q1 Performance: Key Metrics and InsightsSally Beauty’s adjusted earnings were 48 cents per share, which came above the Zacks Consensus Estimate of 47 cents. The metric increased 12% from 43 cents per share in the year-ago period.

The company reported consolidated net sales of $943 million compared with the Zacks Consensus Estimate of $944 million. The metric increased 0.6% from $937.9 million posted in the year-ago period. Consolidated comparable sales remained flat year over year.

Global e-commerce sales grew 11% to $111 million, forming 11.7% of total net sales.

Sally Beauty’s Margin & Cost DetailsThe company’s adjusted gross margin expanded 50 basis points to 51.3%. Adjusted selling, general and administrative expenses rose to $404 million, up $6 million from last year.

Adjusted operating earnings were $80 million, which came at the higher end of the management’s guidance. The adjusted operating margin was at 8.5%.

SBH’s Sales Insights by SegmentsSally Beauty Supply: Net sales in this segment rose 1.2% year over year to $531.6 million. Comparable sales climbed 0.1%, and the operating margin declined by 50 basis points to 14.7%. The segment’s gross margin expanded 20 basis points to 59.8%.

Beauty Systems Group: Net sales declined 0.2% to $411.6 million. Comparable sales were down 0.2%, while the operating margin expanded 90 basis points to 13.1%, supported by a 50-basis-point improvement in gross margin to 40.2%.

Sally Beauty’s Financial Health SnapshotSBH ended the fiscal first quarter with cash and cash equivalents of $157.2 million, long-term debt, including capital leases of $842.5 million and total stockholders’ equity of $823.6 million.

In the fiscal first quarter, cash flow from operations was $93 million, with free cash flow of $57 million. The company used cash to repay $20 million of term loan B debt and repurchased 1.4 million shares for $21 million, ending the quarter with net debt leverage of 1.5x.

What to Expect From SBH in the Future?The company raised the lower end of its fiscal 2026 EPS guidance, while reiterating the rest of the outlook.

Management expects consolidated net sales of $3.71-$3.77 billion and comparable sales growth expected to be flat to up 1%. The adjusted operating earnings are anticipated to come in the range of $328-$342 million. Management now envisions adjusted diluted EPS of $2.02-$2.10 compared with the earlier view of $2.00-$2.10. Free cash flow is projected at $200 million, with roughly half allocated to capital expenditures of about $100 million.

For the second quarter of fiscal 2026, consolidated net sales are guided to be $895-$905 million, with comparable sales growth of 0.5-1.5%. Adjusted operating earnings are projected at $68-$71 million, with SG&A returning to a more normalized quarterly pattern and stable expense trends over a two-year period. Adjusted diluted EPS is expected to be 39-42 cents for the second quarter. 

How Have Estimates Been Moving Since Then?In the past month, investors have witnessed a downward trend in fresh estimates.

The consensus estimate has shifted -9.16% due to these changes.

VGM ScoresAt this time, Sally Beauty has a nice Growth Score of B, though it is lagging a lot on the Momentum Score front with a D. However, the stock was allocated a grade of A on the value side, putting it in the top 20% for value investors.

Overall, the stock has an aggregate VGM Score of A. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. Notably, Sally Beauty has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

A month has gone by since the last earnings report for ON Semiconductor Corp. (ON - Free Report) . Shares have lost about 11.6% in that time frame, underperforming the S&P 500.

Will the recent negative trend continue leading up to its next earnings release, or is ON Semiconductor Corp. due for a breakout? Well, first let's take a quick look at the latest earnings report in order to get a better handle on the recent drivers for ON Semiconductor Corporation before we dive into how investors and analysts have reacted as of late.

ON Semiconductor's Q4 Earnings Beat Estimates, Revenues Down Y/Yonsemi reported fourth-quarter 2025 non-GAAP earnings of 64 cents per share, which beat the Zacks Consensus Estimate by 3.23% but plunged 32.6% year over year.

Revenues of $1.53 billion missed the Zacks Consensus Estimate by 0.19% and decreased 11.2% on a year-over-year basis.

ON’s Q4 Quarter DetailsPower Solutions Group's revenues of $724.2 million (contributed 47.3% to revenues) decreased 10.5% year over year. Analog & Mixed Group revenues of $556.3 million (36.4% of revenues) decreased 8.9% on a year-over-year basis. Intelligent Sensing Group revenues of $249.6 million (16.3% of revenues) decreased 17.5% year over year.

 Non-GAAP gross margin was 38.2% compared with 45.3% reported in the year-ago quarter.

Non-GAAP operating expenses decreased 12.2% year over year to $282 million. As a percentage of revenues, operating expenses decreased 20 bps year over year.

Non-GAAP operating margin was 19.8% compared with 26.7% reported in the year-ago quarter.

ON’s Balance Sheet & Cash FlowAs of Dec. 31, 2025, ON had cash and cash equivalents of $2.55 billion compared with $2.87 billion as of Oct. 3, 2025. Long-term debt, as of Dec. 31, 2025, was $2.98 billion, down 11.1% sequentially.

Fourth-quarter 2025 cash flow from operations amounted to $554.5 million compared with the previous quarter’s reported figure of $418.7 million.

Free cash flow amounted to $485.4 million compared with free cash flow of $372.4 million in the previous quarter.

ON Offers Q1 GuidanceFor the first quarter of 2026, onsemi expects revenues between $1.44 billion and $1.54 billion. Non-GAAP gross margin is projected to be in the range of 37.5-39.5%.

Non-GAAP operating expenses are expected to be in the range of $285-$300 million.

Non-GAAP earnings are expected to be between 56 cents and 66 cents per share.

How Have Estimates Been Moving Since Then?Since the earnings release, investors have witnessed a upward trend in fresh estimates.

VGM ScoresCurrently, ON Semiconductor Corp. has a subpar Growth Score of D, however its Momentum Score is doing a bit better with a C. Following the exact same course, the stock has a grade of C on the value side, putting it in the middle 20% for value investors.

Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been broadly trending upward for the stock, and the magnitude of these revisions looks promising. Interestingly, ON Semiconductor Corp. has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

It has been about a month since the last earnings report for Becton Dickinson (BDX - Free Report) . Shares have lost about 4.5% in that time frame, underperforming the S&P 500.

But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Becton Dickinson due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the latest earnings report in order to get a better handle on the important catalysts.

BD Q1 Earnings Beat Estimates, Margins UpBD delivered adjusted earnings per share of $2.91 in the first quarter of fiscal 2026, down 15.2% year over year. The figure topped the Zacks Consensus Estimate by 3.4%.

The adjustments include expenses related to purchase accounting adjustments and restructuring costs, among others.

GAAP earnings per share for the quarter was $1.34, reflecting an uptick of 28.8% from the year-ago figure.

BDX’s Revenues in DetailBD registered revenues of $5.25 billion in the fiscal first quarter, up 1.6% year over year on a reported basis. The figure surpassed the Zacks Consensus Estimate by 2%.

At constant exchange rate (CER), revenues climbed 0.4% year over year.

Robust performances by the majority of the segments drove the top-line improvement.

New BD revenues (which reflect the separation of its Biosciences and Diagnostic Solutions business and combination with Waters Corp.) were $4.49 billion, up 3.5% and 2.5% on a reported basis and at CER, respectively.

BD’s Segment DetailsEffective Oct. 1, 2025, BD reorganized its organizational units into five distinct, separately-managed segments, which are based on the nature of its product and service offerings.

In the quarter under review, Medical Essentials segment reported revenues of $1.59 billion, up 0.6% from the year-ago quarter on a reported basis, but down 0.6% at CER.

Revenues in the Connected Care segment totaled $1.13 billion, up 5.5% year over year on a reported basis and 4.7% at CER.

BioPharma Systems segment generated revenues of $429 million, up 2.7% from the year-ago quarter on a reported basis and 1% at CER.

BD Interventional segment generated revenues of $1.33 billion, up 5.8% from the year-ago quarter on a reported basis and 5.1% at CER.

BD Life Sciences segment generated revenues of $766 million, down 8.3% from the year-ago quarter on a reported basis and 10.5% at CER.

BDX’s Geographic ResultsIn the first quarter of fiscal 2026, revenues in the United States improved 2.6% year over year to $3.16 billion.

International revenues grossed $2.09 billion, up 0.2% from the year-ago quarter on a reported basis, but down 2.8% at CER.

BD’s Margin AnalysisIn the quarter under review, BD’s gross profit increased 7.9% year over year to $2.41 billion. The gross margin expanded 266 basis points (bps) to 45.9%.

Selling and administrative expenses increased 5.7% year over year to $1.39 billion. R&D expenses decreased 10.8% year over year to $306 million. Adjusted operating expenses of $1.69 billion rose 2.3% year over year.

Adjusted operating profit totaled $712 million, reflecting a 24% increase from the year-ago quarter. The adjusted operating margin in the fiscal first quarter expanded 245 bps to 13.6%.

BDX’s Financial PositionBD exited first-quarter fiscal 2026 with cash and cash equivalents and short-term investments of $751 million compared with $649 million at the fiscal 2025-end. Total debt (including current debt obligations) at the end of the fiscal first quarter was $19.54 billion compared with $19.18 billion at the fiscal 2025-end.

Net cash provided by continuing operating activities at the end of first-quarter fiscal 2026 was $657 million compared with $693 million a year ago.

Meanwhile, BD has a consistent dividend-paying history, with its five-year annualized dividend growth being 5.47%.

BD’s Fiscal 2026 GuidanceBD has provided guidance for fiscal 2026 for New BD.

BD projects its full fiscal year revenues to grow above low single-digit on a reported basis, while it expects them to grow at low single-digit at CER.

For the full fiscal year, adjusted earnings per share is anticipated to be in the range of $12.35-$12.65. The Zacks Consensus Estimate is pegged at $14.84.

How Have Estimates Been Moving Since Then?In the past month, investors have witnessed a downward trend in estimates revision.

The consensus estimate has shifted -16.86% due to these changes.

VGM ScoresCurrently, Becton Dickinson has a average Growth Score of C, a grade with the same score on the momentum front. Charting a somewhat similar path, the stock has a grade of B on the value side, putting it in the top 40% for value investors.

Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. It's no surprise Becton Dickinson has a Zacks Rank #4 (Sell). We expect a below average return from the stock in the next few months.

It has been about a month since the last earnings report for Cleveland-Cliffs (CLF - Free Report) . Shares have lost about 22.3% in that time frame, underperforming the S&P 500.

But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Cleveland-Cliffs due for a breakout? Well, first let's take a quick look at its latest earnings report in order to get a better handle on the recent catalysts for Cleveland-Cliffs Inc. before we dive into how investors and analysts have reacted as of late.

Cleveland-Cliffs' Q4 Earnings Beat, Revenues Miss EstimatesCleveland-Cliffs' fourth-quarter 2025 adjusted loss was 43 cents per share. The figure was narrower than the Zacks Consensus Estimate of a loss of 62 cents. It reported an adjusted loss of 68 cents per share in the prior-year quarter.

Revenues remained essentially flat year over year at $4,313 million in the quarter. The top line missed the Zacks Consensus Estimate of $4,620.9 million.

Operational HighlightsThe company reported Steelmaking revenues of roughly $4.15 billion for the fourth quarter, down around 0.3% year over year.

The average net selling price per net ton of steel products was $993 in the quarter, up around 2% year over year. However, the metric missed the consensus estimate of $1,004.

External sales volumes for steel products were roughly 3.77 million net tons, down around 1.5% year over year. The figure fell short of the consensus estimate of 4.01 million net tons.

Financial PositionCleveland-Cliffs ended the fourth quarter with cash and cash equivalents of $57 million, down around 14% from the prior quarter. Long-term debt decreased 10% sequentially to $7,253 million.

As of Dec. 31, 2025, the company had $3.3 billion in total liquidity.

OutlookThe company issued full-year 2026 guidance. Capital expenditures are expected to be approximately $700 million. Selling, general and administrative (SG&A) expenses are forecast be around $575 million.

The company targets steel unit cost reductions of about $10 per net ton from 2025. Depreciation, depletion and amortization expenses have been projected at roughly $1.1 billion. Cash pension and Other Post-Employment Benefits payments and contributions are expected to be approximately $125 million.

How Have Estimates Been Moving Since Then?In the past month, investors have witnessed a downward trend in estimates review.

The consensus estimate has shifted -131.11% due to these changes.

VGM ScoresAt this time, Cleveland-Cliffs has a average Growth Score of C, a score with the same score on the momentum front. However, the stock was allocated a grade of F on the value side, putting it in the bottom 20% quintile for this investment strategy.

Overall, the stock has an aggregate VGM Score of F. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been broadly trending downward for the stock, and the magnitude of these revisions indicates a downward shift. It's no surprise Cleveland-Cliffs has a Zacks Rank #4 (Sell). We expect a below average return from the stock in the next few months.

A month has gone by since the last earnings report for Aecom Technology (ACM - Free Report) . Shares have lost about 12% in that time frame, underperforming the S&P 500.

Will the recent negative trend continue leading up to its next earnings release, or is Aecom due for a breakout? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.

AECOM Q1 Earnings Lag Estimates, Revenues Down Y/Y, Backlog Up Y/YAECOM reported first-quarter 2025 results, where earnings missed the Zacks Consensus Estimate and declined on a year-over-year basis. Both revenues and net service revenues (NSR) increased from the prior-year quarter.

Delving Deeper Into AECOM’s Q1 ResultsThe company reported adjusted earnings per share (EPS) of $1.29, which missed the consensus mark of $1.41 by 8.5% and decreased 1.5% from the prior-year quarter.

Revenues of $4.01 billion declined 4.6% year over year to $3.8 billion. NSR of $1.85 billion increased 2.7% year over year.

Total backlog at the fiscal first-quarter end was a new record high of $25.96 billion, up 9% from the year-ago period, highlighted by a solid 1.5x book-to-burn ratio. This marks the 21st consecutive quarter with a book-to-burn ratio above 1.0, reflecting sustained demand. Additionally, the company’s pipeline of opportunities reached an all-time high, which increased by double digits. This growth is being driven by strong growth across both the Americas and International segments, which is creating more project opportunities. Also, AECOM’s design backlog rose 7.6%.

AECOM’s Segment DetailsAmericas’ revenues were $3 billion during the reported quarter, down 4% from the prior-year quarter’s levels primarily due to a reduction in pass-through revenue. NSR of $1.1 billion moved up 9% year over year.

Adjusted operating income of $214 million was up 9% year over year. Adjusted operating margin (on an NSR basis) expanded 120 basis points (bps) year over year to a new high of 19.9%. This growth was driven by the ongoing execution of initiatives to deliver expanding operating leverage, as well as strong execution and growth.

The total backlog at the end of the fiscal first quarter was $18 billion compared with $17.5 billion a year ago.

International revenues were down 5% year over year to $854 million. Nonetheless, NSR remained unchanged year over year at $736 million.

Adjusted operating income remained unchanged year over year at $81 million. Adjusted operating margin (on an NSR basis) moved up 20 bps year over year to 11%. This rise was caused by a combination of strong execution, operational efficiencies, and a focus on high-returning markets and clients.

The total backlog at the end of the fiscal first quarter was $7.93 billion, up from $6.37 billion a year ago.

AECOM Capital reported an operating loss of $1.1 million during the period.

Operating Highlights of AECOMAdjusted segment operating profit amounted to $264 million, up 10% from the year-ago quarter. The segment’s adjusted operating margin improved 100 bps to 16.4%.

Adjusted EBITDA rose 6% year over year to $287 million. Adjusted EBITDA margin of 16.4% also rose 80 bps year over year.

Liquidity & Cash Flow of AECOMAt the end of the fiscal first quarter, AECOM’s cash and cash equivalents totaled $1.25 billion, down from $1.59 billion at fiscal 2024-end. The total debt (excluding unamortized debt issuance costs) as of Dec. 31, 2025, was $2.738 billion, down from $2.744 billion at Sept. 30, 2025.

At the fiscal first-quarter end, operating cash flow decreased 54% year over year to $70 million. Adjusted free cash flow also declined 62% to $42 million year over year.

AECOM Revises FY26 GuidanceAECOM is more optimistic about fiscal 2026 performance and has raised its earnings expectations, mainly because of solid performance in the design business, a capital allocation strategy and a record backlog and project pipeline, which improves revenue visibility for the year.

It is now expecting adjusted EPS in the range of $5.85-$6.05 (prior expectation was between $5.65 and $5.85). This indicates a 12% improvement from fiscal 2025 levels on a constant-currency basis, considering the midpoint of the guidance.

AECOM expects adjusted EBITDA in the range of $1,270-$1,305 million (prior expectation was between $1,265 and $1,305 million). This indicates 7% year-over-year growth at the midpoint.

Free cash flow is still expected to be approximately $400 million. ACM is expecting a segment-adjusted operating margin of 16.8% and an adjusted EBITDA margin of 17.0%, both of which are broadly consistent with prior expectations.

In addition, the company reaffirmed its long-term financial targets, including achieving a 20%+ margin exit rate by fiscal 2028 and delivering adjusted EPS growth at a 15%+ CAGR from fiscal 2026 through fiscal 2029.

How Have Estimates Been Moving Since Then?In the past month, investors have witnessed a upward trend in fresh estimates.

The consensus estimate has shifted 12.77% due to these changes.

VGM ScoresCurrently, Aecom has a average Growth Score of C, though it is lagging a bit on the Momentum Score front with a D. However, the stock was allocated a score of B on the value side, putting it in the top 40% for this investment strategy.

Overall, the stock has an aggregate VGM Score of B. If you aren't focused on one strategy, this score is the one you should be interested in.

OutlookEstimates have been trending upward for the stock, and the magnitude of this revision looks promising. It comes with little surprise Aecom has a Zacks Rank #2 (Buy). We expect an above average return from the stock in the next few months.

It has been about a month since the last earnings report for Arch Capital Group (ACGL - Free Report) . Shares have lost about 1.7% in that time frame, outperforming the S&P 500.

But investors have to be wondering, will the recent negative trend continue leading up to its next earnings release, or is Arch Capital due for a breakout? Well, first let's take a quick look at the most recent earnings report in order to get a better handle on the recent drivers for Arch Capital Group Ltd. before we dive into how investors and analysts have reacted as of late.

Arch Capital Tops Q4 Earnings Estimates on Solid Underwriting

Arch Capital Group Ltd. reported fourth-quarter 2025 operating income of $2.98 per share, which beat the Zacks Consensus Estimate by 19.7%. The bottom line increased 31.9% year over year. ACGL’s quarterly results benefited from higher premiums in its Insurance segment, improved net investment income, stronger underwriting performance and investment gains. These positives were partially offset by higher taxes.

Behind the HeadlinesGross premiums written increased 1.1% year over year to $4.8 billion. Net premiums earned rose 2.7% year over year to $4.3 billion on higher premiums earned in its Insurance segment. The figure marginally missed the Zacks Consensus Estimate. Pre-tax net investment income increased 7.2% year over year to $434 million, exceeding the Zacks Consensus Estimate of $416.6 million and our estimate of $398.5 million. The increase primarily reflected growth in average invested assets, partially driven by strong operating cash flows.

Operating revenues of $4.7 billion increased 4.4% year over year, driven by higher net premiums earned and net investment income. Revenues surpassed the Zacks Consensus Estimate by 2%. Pre-tax current accident year catastrophic losses for the company’s insurance and reinsurance segments, net of reinsurance and reinstatement premiums, were $164 million.

Arch Capital’s underwriting income increased 32.3% year over year to $827 million. The combined ratio, representing the percentage of premiums paid out as claims and expenses, improved 440 basis points to 80.6, beating the Zacks Consensus Estimate of 83.0 and our model estimate of 84.5.

Segmental ResultsInsurance: Gross premiums written increased 2.3% year over year to $2.5 billion. Net premiums written declined 4% year over year to $1.9 billion, primarily due to the timing of ceded written premium accruals related to the MCE acquisition in the prior-year quarter and changes in business mix reflecting different net-to-gross retention levels. Net premiums written also came in below our estimate of $2.2 billion. Underwriting income of $119 million was nearly four times higher than the year-ago level, though it fell short of our estimate of $168.2 million. The combined ratio improved 450 basis points year over year to 94.0, marginally above the Zacks Consensus Estimate of 93.9.

Reinsurance: Gross premiums written increased marginally by 0.2% year over year to $1.9 billion. Net premiums written declined 5.2% year over year to $1.5 billion, primarily reflecting the non-renewal of a large transaction. The figure was below our estimate of $1.6 billion. Underwriting income totaled $458 million, up 39.6% year over year. The combined ratio improved 600 basis points year over year to 77.0, significantly better than the Zacks Consensus Estimate of 80.4.

Mortgage: Gross premiums written declined 1.5% year over year to $326 million. Net premiums written decreased 3.6% year over year to $267 million, primarily reflecting lower U.S. monthly and single premium volume. Net premiums written exceeded our estimate of $261.7 million. Underwriting income declined 6.4% year over year to $250 million. The combined ratio deteriorated 30 basis points year over year to 13.7, though it remained well below the Zacks Consensus Estimate of 21.2.

Financial UpdateArch Capital exited the quarter with cash and cash equivalents of $993 million, up 1.4% year over year. Total debt was $2.7 billion as of Dec. 31, 2025, slightly higher than the 2024-end level. Book value per share was $65.11 as of Dec. 31, 2025, reflecting an increase of 22.6% from the year-ago figure. Annualized operating return on average common equity expanded 220 basis points year over year to 18.9%.

Net cash provided by operating activities was $1.4 billion in 2025, down 10.7% year over year. During the fourth quarter of 2025, ACGL repurchased $798 million worth of its common shares.

Full-Year HighlightsFor 2025, Arch Capital reported an operating income of $9.84 per share, which beat the Zacks Consensus Estimate by 5%. The figure improved 6% year over year. Total revenues of $18.8 billion beat the consensus mark by 0.5% and increased 12.9% year over year. The combined ratio deteriorated 30 basis points to 82.8, though it was better than our model estimate of 84.8.

How Have Estimates Been Moving Since Then?Since the earnings release, investors have witnessed a flat trend in estimates revision.

VGM ScoresCurrently, Arch Capital has a subpar Growth Score of D, though it is lagging a bit on the Momentum Score front with an F. However, the stock was allocated a score of B on the value side, putting it in the top 40% for this investment strategy.

Overall, the stock has an aggregate VGM Score of C. If you aren't focused on one strategy, this score is the one you should be interested in.

Outlook Arch Capital has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.

Performance of an Industry PlayerArch Capital belongs to the Zacks Insurance - Property and Casualty industry. Another stock from the same industry, Allstate (ALL - Free Report) , has gained 3.2% over the past month. More than a month has passed since the company reported results for the quarter ended December 2025.

Allstate reported revenues of $17.27 billion in the last reported quarter, representing a year-over-year change of +3.4%. EPS of $14.31 for the same period compares with $7.67 a year ago.

For the current quarter, Allstate is expected to post earnings of $7.16 per share, indicating a change of +102.8% from the year-ago quarter. The Zacks Consensus Estimate has changed +3.8% over the last 30 days.

Allstate has a Zacks Rank #1 (Strong Buy) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of A.

Shiba Inu price faces pressure after $333K in leveraged positions were liquidated in 24 hours. Over 59 billion SHIB tokens wiped out amid broad crypto market turbulence.

Shiba Inu has faced intense selling pressure over the past 24 hours. Market volatility triggered the liquidation of more than 59 billion SHIB tokens, worth approximately $333,860 in leveraged positions. The broader crypto market recorded $248.35 million in total liquidations during the same period, underscoring a wave of risk-off sentiment across digital assets.

At press time, SHIB trades around $0.00000581, retreating from a short-lived rally that pushed the token to a daily high of $0.000006063. Despite the pullback, the token remains up 0.99% over the past 24 hours and 4.99% over the past week. Over the past 30 days, however, SHIB is still down 2.90%.

Long Traders Bear the Brunt of LiquidationsThe majority of losses fell on traders holding long positions. According to CoinGlass data, long liquidations reached approximately $240,440, equivalent to roughly 42.75 billion SHIB tokens. Short liquidations accounted for the remaining $93,420, representing around 16.61 billion tokens.

The sequence of events reflects classic liquidation dynamics. SHIB staged a relief rally after hovering near $0.0000053 for most of the week. As the token climbed above $0.000006, short sellers were squeezed out of their positions first. The rally then reversed sharply, catching long traders off guard and triggering a second wave of forced closures.

Across the broader crypto market, approximately 87,099 traders were liquidated in the past 24 hours. Ethereum recorded the largest share of liquidations at around $2.38 million, followed by Bitcoin at approximately $1.51 million. The largest single liquidation event occurred on Hyperliquid. Overall, long positions accounted for $135.8 million in losses, while short positions totaled $112.54 million.

Key Technical Levels That Will Define SHIB's Next MoveShiba Inu currently trades below its 50-day and 100-day exponential moving averages (EMAs), which sit at $0.00000638 and $0.00000726, respectively. These levels represent meaningful overhead resistance. Until the token closes above them on a sustained basis, the technical picture remains bearish.

Immediate support lies near $0.0000052. A break below this level could expose SHIB to further downside. Conversely, a decisive push above the $0.00000726 EMA resistance would signal a potential shift in momentum and could mark the beginning of a new bullish phase for the token.

The current consolidation around $0.0000056 suggests the market is in a state of indecision. Buyers are attempting to defend the recent gains from the rally, while sellers continue to apply pressure following the sharp reversal.

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Newton Gitonga covers cryptocurrencies, blockchain, and digital finance. He specializes in breaking down complex trends with clear, data-driven reporting. His work focuses on market analysis, technical insights, and the evolving role of altcoins in shaping global markets.

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Quick Overview Table of Contents

Quick OverviewRipple and XRP as Core ComponentsMastercard’s Continued Cryptocurrency ExpansionGet 3 Free Stock Ebooks Mastercard unveiled a Crypto Partner Program featuring more than 85 participants such as Binance, PayPal, and Ripple. The initiative seeks to bridge blockchain innovations with Mastercard’s established worldwide payment systems. Primary applications focus on international money transfers, B2B transactions, and worldwide payment distributions. Ripple’s XRP token serves as a crucial component for enabling rapid cross-border transaction liquidity. This strategy aligns with comparable initiatives from competitor Visa, which has been exploring stablecoin payment settlements. Mastercard has introduced its latest Crypto Partner Program, assembling over 85 organizations from both the cryptocurrency and payments industries.

🚨Mastercard just launched a Crypto Partner Program with 85+ companies.

And the list includes some of the biggest names in the industry:

PayPal, Ripple, Circle, Gemini, Paxos and even Binance.

The goal: connect on-chain payments with the existing global payments… pic.twitter.com/cZl35ghEcO

— Marcel van Oost (@oost_marcel) March 11, 2026

The initiative received official confirmation on March 11, 2026. Participating entities encompass cryptocurrency platforms, blockchain innovators, financial technology companies, and banking institutions like Binance, Circle, Ripple, Gemini, PayPal, and Paxos.

The primary objective centers on integrating blockchain-powered transaction systems with conventional payment infrastructure currently utilized by financial institutions, retailers, and end users.

Mastercard’s infrastructure reaches beyond 200 nations and regions worldwide. According to the payment processor, blockchain-based transactions can achieve meaningful scale only through integration with such comprehensive global networks.

The initiative concentrates on particular applications where cryptocurrency adoption is already showing momentum. These sectors encompass international fund transfers, corporate payment solutions, and high-volume international disbursements.

Participating organizations will collaborate directly with Mastercard development teams to create new offerings. These solutions will merge blockchain capabilities such as automated smart contract payments and digitized assets with traditional payment frameworks.

Ripple and XRP as Core Components Ripple’s XRP cryptocurrency serves as a fundamental element within this partnership. XRP was engineered specifically for efficient, economical cross-border fund movements and supplies liquidity for global transactions.

Binance and PayPal contribute substantial established customer networks to the collaboration. Their participation may accelerate mainstream acceptance of blockchain payment solutions among regular consumers and commercial enterprises.

Mastercard has previously established its Crypto Credential initiative. This framework guarantees that payments processed through its infrastructure comply with regulatory mandates and security protocols.

The program provides all collaborators with access to collaborative platforms. Within these spaces, they can coordinate with fellow partners and Mastercard’s extensive ecosystem of banking partners and retail merchants.

Mastercard’s Continued Cryptocurrency Expansion This represents just one chapter in Mastercard’s cryptocurrency journey. The corporation has previously enabled cryptocurrency-connected debit cards, invested in blockchain ventures via its Start Path incubator program, and developed compliance management tools for financial institutions.

Visa has pursued comparable strategies. The company has collaborated with stablecoin providers and blockchain organizations to pilot settlement processes using digital currencies.

Major financial institutions have likewise been investigating tokenized bank deposits and blockchain-powered transaction networks. This momentum from payment processors demonstrates increasing institutional appetite for digital assets throughout the finance industry.

Nevertheless, incorporating digital currencies into mainstream commerce presents significant challenges. Success demands unified technical specifications, governmental regulation, and infrastructure capable of functioning across numerous jurisdictions.

Mastercard maintains that its extensive history in international payment processing positions it uniquely to connect these distinct ecosystems. The program went live with confirmed participants already operational as of March 11, 2026.

Hyperliquid emerged as one of the growing exchanges in February. For the previous month, centralized markets saw an outflow of activity, affecting Binance with a 16% outflow of volumes. 

Hyperliquid accounted for some of the trading volume in February, while centralized exchanges slowed. Overall trading activity declined by 11.5%, with the biggest outflows on the spot market. 

Derivative activity contracted by only 0.7% in February, as volumes and open interest were already lowered following last October’s market crash. 

Hyperliquid expanded its activity by 24% Hyperliquid expanded its activity by 24%, extending a trend in which activity shifted to perpetual futures DEXs. For February, Hyperliquid was the top exchange by monthly growth, followed by Gate with 20% expansion, and Deribit with 16%, according to recent research. 

MEXC lost 43% of its derivative volume, while HTX and Bitget declined by 6%. For derivative trading, the expansion and shift to other markets offset the decline in previously hot venues. MEXC declined after a series of social media attacks. As Cryptopolitan reported, users claimed some of their funds were being held by the exchange, further fueling fear and distrust.

Spot exchanges marked the most significant decline. Uniswap declined by 64%, HTX lost 37% of volumes, while Binance declined by 16%. Spot markets accounted for only a fraction of derivative trading, with a total of $830B compared with $3.38T for derivatives.

The recent decline extended the five-month streak of lower CEX volumes, reflecting some of the worst consecutive months in the crypto market. The decline followed consecutive net declines in the BTC price, resulting in monthly losses in January and February for the first time in history.

Trading shifted to Bitfinex, up 12.5%, OKX expanded its activity by 8.4%, and Coinbase added 5.1%. Coinbase also afforded a small BTC premium, signaling a tentative return of US-based buyers. 

Binance maintains the deepest market depth across most markets, serving as a signal for retail and whale activity. The exchange was still the leader, with over $341B in trading volume in February, down from over $400B in January. 

Coinbase came in second with $64B in trading volume in February, up from $61B in January. 

Web traffic to exchanges declined in February Web traffic to the top exchange sites contracted by 8.8% in February compared to January 2026. Activity increased on Upbit (+21%) and Bitfinex.

HTX declined by 36%, while Crypto.com saw a 30% outflow of visitors. 20% fewer traders visited Kraken. The recent outflow follows weakened altcoin sentiment, as well as a shift to DeFi lending, stablecoin yield or holding, and prediction market activity.

Some of the traffic shifted to prediction platforms, which took over some of the roles of centralized markets. While fees and on-chain usage remain robust, the current market shows a decline in enthusiasm among traders, who are seeking alternative markets and liquidity sources. 

Bitcoin price reacted positively as US CPI inflation conformed to market expectations, as traders stayed in wait-and-see mode.

Bitcoin (BTC) broke back above $70,000 around Wednesday’s Wall Street open as US inflation data soothed anxious markets.

Key points:

Bitcoin bounces around a narrow range as US inflation data offers a modest tailwind.

Oil prices stay lower as an emergency release of 400 million barrels is confirmed.

BTC price expectations focus on future liquidations in the mid-$60,000 zone.

Bitcoin edges higher as CPI matches expectationsData from TradingView showed BTC price action eking out modest gains, while failing to match local highs from the day prior.

BTC/USD 1-hour chart. Source: Cointelegraph/TradingView
The February print of the US Consumer Price Index (CPI) was in line with expectations at 2.4% year-on-year, per data from the Bureau of Labor Statistics (BLS). 

“Over the last 12 months, the all items index increased 2.4 percent before seasonal adjustment,” it confirmed in an official statement.

US CPI 12-month % change. Source: BLS
This was a relief for risk assets already on edge over geopolitical instability and its potential impact on inflation. The Middle East conflict and global oil supply squeeze, however, were likely only to be truly reflected in March’s inflation data.

“The market will now await March's data,” trading resource The Kobeissi Letter thus wrote in a response on X.

Other recent inflation gauges missed anticipated levels both to the upside and downside, making for a shaky overall picture of inflationary forces even before events in Iran.

Oil, a key risk factor for CPI going forward, stayed below the $90 mark on the day as the International Energy Agency (IEA) approved the emergency release of 400 million barrels — the largest such release ever recorded. 

CFDs on WTI crude oil one-hour chart. Source: Cointelegraph/TradingViewTrader eyes BTC price “breakout upwards” in MarchWith price still rangebound, Bitcoin market participants chose not to bet big up or down.

“Very simple; buy the lower bounds, sell the higher bounds,” trader, analyst, and entrepreneur Michaël van de Poppe told X followers. 

“I still think we'll see that breakout upwards in this month to test higher grounds, but if not, I'm a buyer on lower levels.”BTC/USDT four-hour chart. Source: Michaël van de Poppe/X
Trader Lennaert Snyder eyed downside liquidity for a potential local low, suggesting that this could come at around $65,000.

$BTC is compressing pre-CPI.

Bitcoin swept ~$71,563 liquidity and rejected like I mentioned yesterday.

I'm already in some shorts, and I'm willing to add if we get a MSB by losing the ~$69,268 low.

My short target will be the liquidity at ~$65,957. Letting 10% open for a… pic.twitter.com/DN3rb9lTha

— Lennaert Snyder (@LennaertSnyder) March 11, 2026 Data from monitoring resource CoinGlass put 24-hour crypto market liquidations at $240 million, with short positions accounting for a larger slice of the total.

Crypto liquidation history (screenshot). Source: CoinGlassThis 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. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on this information.

Across Protocol is considering a C‑Corp pivot that lets ACX holders swap tokens for equity in AcrossCo or USDC, testing whether token-era DAOs migrate to traditional cap tables.

Summary

Across proposes creating U.S. C‑Corp AcrossCo, offering ACX holders a six‑month window to swap tokens 1:1 for equity or redeem for USDC at a 30‑day average price.​ The structure channels larger wallets directly into AcrossCo and smaller ones through a free SPV, aiming to meet U.S. cap‑table and accreditation rules without abandoning decentralization entirely.​ Backed by 51 million dollars in prior raises and a heavily drawdown token, the move could become a template for DeFi bridges seeking real contracts, clearer cash flows, and institutional capital. Cross-chain bridge Across Protocol is exploring a radical restructuring that would let ACX token holders swap their tokens for equity in a new U.S. C‑Corp, AcrossCo, or redeem for stablecoins, marking one of the clearest tests yet of how DeFi projects adapt to regulatory and institutional pressure. The team has launched a “temperature check” proposal to gauge community appetite before moving to a formal on‑chain vote.​

Under the plan, AcrossCo would become the core operating company for the protocol, while ACX holders gain two main options over a six‑month window: exchange ACX 1:1 for equity in AcrossCo, or cash out by redeeming ACX for USDC at the token’s average market price over a month. Larger holders would be able to convert directly into equity, whereas smaller holders would route through a free special purpose entity to pool and manage their stake. The structure is designed to satisfy regulatory requirements around cap tables and accredited investors while still preserving an on‑ramp for the long tail of tokenholders.​

Co‑founder Hart Lambur said that if feedback is supportive, the team will initiate a formal governance vote two weeks after the temperature check ends, with a simple majority deciding the outcome. Across has framed the move as a response to the practical limits of the current DAO structure, pointing to issues around enforceable contracts, counterparty risk, and the absence of a clear legal wrapper as institutional demand for bridging and liquidity infrastructure grows. In other words, the protocol wants to look and behave more like a traditional software company to the outside world, even if parts of the stack remain decentralized under the hood.

Capital backing is already in place. Across has raised a total of 51 million dollars across two token rounds, including a 41 million dollar raise led by Paradigm with Bain Capital Crypto, Coinbase Ventures, and Multicoin Capital participating. ACX currently trades near 0.035 dollars, up roughly 4% over the past 24 hours but down about 84% over the past year, underscoring the pressure on token‑only models in a market that increasingly rewards clear cash‑flow rights and legal protections.​

If approved, Across’s restructuring could become a template for late‑cycle DeFi projects seeking to square token‑based governance with real‑world compliance and institutional onboarding. It would also sharpen the debate over whether DAO tokens are long‑term ownership instruments or transitional mechanisms on the way to more conventional equity structures, especially for infrastructure servicing exchanges, trading firms, and custodians. For now, the critical question is whether ACX holders value legal clarity and equity upside more than the ideological purity of remaining fully token‑native.

Bitcoin (CRYPTO: BTC) is trading sideways, with investors' weakening conviction conviction pointing to a psychologically difficult phase of the market cycle. Why Investors Are Getting Jittery Data from CryptoQuant suggests the market is currently in a highly uncertain phase marked more by hesitation than conviction.

Even though Bitcoin has suffered a 50% drawdown, the US exchange-traded funds (ETFs) tied to the leading cryptocurrency are showing rather remarkable resilience. 

Rather impressive capital injections are pushing the year-to-date flows to the brink of turning positive. 

Bloomberg Senior ETF Analyst Eric has noted that ETFs currently hold a combined 1.28 million Bitcoin. This, of course, makes them the largest collective holder in the world. 

HOT Stories

Even though there was a painful streak of outflows, their buyers are seemingly refusing to capitulate. 

As reported by U.Today, Balchunas also recently praised the resilience of XRP ETFs as "really impressive" (considering that they were launched into a massive market correction). 

Current Bitcoin ETF flows According to the latest SoSoValue market data, the funds recorded a robust daily total net inflow of $250.92 million. They bring the cumulative lifetime net inflow to $55.79 billion.

This capital injection pushed the total net assets held across all U.S. Bitcoin ETFs to $90.02 billion. This makes up more than 6% of Bitcoin's total global market capitalization. 

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The total value traded across these instruments reached $3.60 billion for the day,   

In late January and early February, the funds suffered a brutal capitulation phase with $817.87 million net outflow on Jan. 29 and a subsequent $544.94 million loss on Feb. 4. 

However, the tide definitively turned in late February and early March. 

March 4, for instance, brought a massive $461.77 million inflow. This helped to offset earlier losses. 

The performance of Bitcoin ETFs remains volatile, but one thing does not change: BlackRock's iShares Bitcoin Trust (IBIT) continues to absolutely dominate the sector. On March 10 alone, IBIT absorbed $185.76 million in fresh inflows.  

An Oil Scare Near Hormuz Showed How Fast Bitcoin Reverts to a Risk TradeWhile Bitcoin has rebounded and held above $70,000 over the last 48 hours, the acute phase of the latest oil shock showed the market’s first instinct: sell crypto when inflation fear rises, and the path to easier money gets harder.

Still, why does the price of oil even matter for Bitcoin? Few Bitcoin miners use oil to power machines, so shouldn't Bitcoin be detached from energy volatility?

Well, on March 9, Bitcoin fell to a seven-day low as Brent crude surged and traders cut exposure across risk assets.

You see, energy pricing is a major factor in determining inflation, which Bitcoin is meant to be a hedge against. That axiom, however, has become a long-running debate.

The move did not settle whether Bitcoin can protect holders from inflation over the long term. It did, however, clarify something narrower and more immediate.

In the first phase of a war-driven oil scare, traders treated Bitcoin like a liquidity-sensitive macro asset rather than a refuge. Fresh attacks near the Strait of Hormuz and the threat of wider shipping disruption pushed oil higher before any fully confirmed physical closure of the route.

The Strait of Hormuz still carries about 20 million barrels a day of oil and oil products and nearly 20% of global LNG trade.

The surge lifted the energy risk premium, revived inflation concerns, and hardened the market’s view that central banks may have less room to ease.

The direct Bitcoin link appeared in both price action and flows.

U.S. spot Bitcoin ETFs recorded net outflows of $227.9 million on March 5 and $348.9 million on March 6. Flows then flipped to inflows of $167.1 million on March 9 and $246.9 million on March 10 as oil cooled and reserve-release discussions gained traction.

Bitcoin’s market cap fell from about $1.453 trillion on March 5 to about $1.322 trillion on March 9, a roughly $131 billion drop. By March 11, the asset had rebounded to around $70,200, up about 0.9% over 24 hours, 1.3% over seven days, and 2.0% over 30 days.

It's now clear that real-world inflation panic, especially when it arrives through oil and shipping risk, still pushes Bitcoin to trade like a risk asset first.

The rebound indicates the selloff belonged to the acute shock window, when traders reacted to higher energy costs, tighter financial conditions, and a rapid repricing of macro risk.

DateSignalBitcoin responseWhat changedFeb. 27Brent averaged $71Bitcoin was still trading in a calmer macro backdropOil risk premium was limitedMarch 5-6Oil shock intensified, inflation fear roseETF flows turned to -$227.9 million and -$348.9 millionTraders cut exposureMarch 9Brent reached $94 on averageBitcoin hit a seven-day lowAcute inflation scare peakedMarch 9-10Reserve-release discussions and de-escalation signals increasedETF flows swung to +$167.1 million and +$246.9 million, based on flowsBitcoin rebounded with broader risk appetiteMarch 11Three commercial vessels were reportedly hit near HormuzBitcoin traded back above $70,000The situation shifted from panic to watchfulnessHormuz Still Hits Bitcoin Even if the U.S. Does Not Need Many of Its BarrelsThe United States does not need to import large volumes of crude through Hormuz for Bitcoin to feel the shock. EIA data shows the U.S. imported about 0.5 million barrels a day of crude and condensate through the strait in 2024, equal to roughly 2% of U.S. petroleum liquids consumption.

The familiar “America is energy independent” shorthand, therefore, offers limited guidance in this situation. Physical dependence is low, but financial exposure remains significant.

Hormuz remains the world’s primary oil chokepoint.

The IEA estimates flows through the strait at roughly 20 million barrels a day in 2025, about a quarter of global seaborne oil trade. Bypass capacity is only about 3.5 million to 5.5 million barrels a day.

The route also carries LNG exports from Qatar and the UAE equal to nearly one-fifth of global LNG trade. Asia absorbs most of that exposure. EIA data shows about 84% of Hormuz crude and condensate flows and 83% of LNG flows move to Asian markets.

However, benchmark pricing does not remain confined to Asia. Brent resets globally, as do freight costs, insurance pricing, airline fuel assumptions, and inflation expectations.

Those pricing shifts reach Bitcoin through macro channels.

When oil rises quickly, traders begin pricing in stickier inflation and less urgency for rate cuts.

U.S. five-year breakeven inflation rose from 2.46% on March 4 to 2.56% on March 6 and March 9, before easing slightly to 2.53% on March 10.

We're talking about market expectations here, not the final verdict on inflation, and they shifted before any full physical shortage at the pump appeared.

The timing is important.

The latest U.S. CPI data, at 2.4% year-over-year, largely predates the latest oil shock.

Yet, the war now keeps the issue alive ahead of the March 17–18 Federal Open Market Committee meeting.

If oil holds in the high $80s or $90s instead of retreating, inflation expectations may shift again. That environment makes it harder for policymakers to signal easier financial conditions, and speculative trades tend to react quickly.

Bitcoin sits within that category.

The asset still benefits from long-run scarcity narratives and periodic distrust of fiat systems. During an abrupt oil scare, however, traders often reduce positions in liquid and volatile assets first.

Shipping risk can therefore tighten Bitcoin’s macro backdrop before any American refinery faces a crude shortage.

The ETF Wrapper Has Made the Macro Transmission Faster and Easier to ReadMarch volatility also highlighted how much Bitcoin’s market structure has changed. The ETF era has not insulated crypto from macro stress. Instead, it has made the impact easier to measure in real time.

When the oil scare intensified, money left U.S. spot products quickly. When pressure eased, the same wrapper showed buyers returning just as rapidly.

This provides a clearer signal than older exchange-based narratives centered on offshore leverage or crypto-native sentiment.

The sequence is straightforward. On March 5 and March 6, net flows across U.S. spot Bitcoin ETFs were sharply negative. By March 9 and March 10, those flows had turned positive again.

The reversal followed the same macro pattern visible in oil. Risk assets sold off amid rising inflation fears, then recovered after discussions about reserve releases and signs of de-escalation eased pressure.

IEA Executive Director Fatih Birol said all options, including emergency stock releases, were discussed. Member countries hold more than 1.2 billion barrels of public emergency reserves plus another 600 million barrels of industry stocks under government obligation.

The possibility of reserve releases helped establish a potential ceiling for the most extreme oil outcomes. That shift encouraged buyers to return to Bitcoin.

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The initial reaction resembled a conventional sell-the-risk trade; it also carried a measurable cost.

The roughly $131.5 billion decline in Bitcoin’s market cap between March 5 and March 9 provides a concrete measure of how quickly an external shipping shock can erase value from crypto markets.

The market recovered part of that decline once crude prices cooled. Even so, the drawdown highlighted Bitcoin’s sensitivity to the same inflation and interest-rate dynamics that affect high-beta equities.

The oil surge also puts pressure on gasoline, travel, and household budgets. In the U.K., the OBR warned the crisis could push inflation to 3% by the end of 2026, one percentage point above its earlier projection.

One narrow waterway can therefore influence fuel costs, inflation expectations, central-bank policy signals, and Bitcoin demand within the same week.

What Traders Need to Watch Before the Fed MeetsThe next phase depends on several immediate variables.

Traders should monitor whether attacks on commercial shipping continue, whether insurers and tanker operators avoid the route, and whether emergency stock discussions turn into formal action.

Also, whether Brent holds in the high $80s and $90s or falls further, and whether ETF inflows remain positive.

The March 17–18 FOMC meeting is the next major checkpoint.

It will not resolve the oil market, but it could clarify whether policymakers treat the latest energy shock as temporary noise or a complication for the easing path.

EIA’s base case still points to lower oil later in the year. Its March outlook projects Brent averaging $91 in the second quarter of 2026 before falling to $70 in the fourth quarter and $64 in 2027. The forecast assumes global inventories rise by 1.9 million barrels a day in 2026 and 3.0 million barrels a day in 2027.

Standard Chartered, by contrast, raised its 2026 Brent average forecast to $70 from $63.50, citing upside risk if conflict damages production or shipping further.

JPMorgan has warned that if Hormuz remains effectively closed for more than 25 days, storage constraints could force Gulf producers into shut-ins, or involuntary production stoppages.

That range leaves multiple possible outcomes.

The base case assumes disruption without catastrophe, enough tension to keep inflation expectations elevated but not enough to trigger a sustained collapse in flows.

A bullish outcome for Bitcoin would involve oil retreating further, stronger confidence that reserves can cap prices, and steady ETF inflows.

A bearish outcome would involve renewed attacks, persistent shipping avoidance, and crude moving back toward triple digits.

The tail risk involves a prolonged effective closure that forces production shut-ins across Gulf producers and keeps the inflation impulse alive long enough to shift policy expectations more sharply.

ScenarioEditorial probabilityOil pathBitcoin read-throughKey triggerBase45%Brent holds around $85-$95Choppy trade, risk asset first, hedge secondSerious disruption, but no sustained collapse in flowsBull25%Brent falls toward $75-$85ETF inflows improve and Bitcoin rebounds with broader riskDe-escalation developments hold and reserve fears easeBear20%Brent returns to $100-$120Bitcoin revisits stress levels from the weekend scareAttacks persist and shipping avoidance hardensTail risk10%Extreme squeeze, broader reporting has floated $120-$150Forced-liquidity selling overwhelms any “hard money” bidEffective closure lasts long enough to trigger shut-insFor now, the clearest take is that the inflation-hedge narrative faced a real-time test.

Inflation concerns driven by oil prompted traders to sell Bitcoin during the initial shock.

The rebound above $70,000 shows how quickly sentiment can reverse once crude prices cool and supply fears ease.

The next test arrives with the Fed meeting on March 17–18, and any developments affecting shipping through Hormuz.

If oil remains elevated, the tension between Bitcoin’s hedge narrative and its behavior as a macro risk asset will remain unresolved.

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MetaMask has integrated the Uniswap API as a core swap provider, routing in-wallet trades through Uniswap v2, v3, v4, and UniswapX across 16+ networks for deeper, CEX-like liquidity.

Summary

MetaMask now routes swaps through the Uniswap API, tapping v2, v3, v4, and UniswapX liquidity across more than 16 networks directly from the wallet UI.​ The API already underpins routing for Uniswap’s own products plus OKX, Talos, Fireblocks, Anchorage Digital, and Ledger, giving MetaMask users institutional-grade pricing and depth. With Uniswap’s protocol volume surpassing 40 trillion dollars, the link positions MetaMask as default EVM wallet and Uniswap as default DEX backend, squeezing centralized venues and rival aggregators. MetaMask has integrated the Uniswap API as one of its core swap providers, allowing users to route trades directly through Uniswap v2, v3, v4, and UniswapX from within the wallet across more than 16 networks. The move tightens the link between the most widely used self-custodial wallet and the largest on-chain DEX liquidity venue, effectively turning MetaMask into a front-end for Uniswap’s full routing stack rather than just a generic swap aggregator.​

According to the announcement, MetaMask selected the Uniswap API based on liquidity depth, pricing efficiency, and infrastructure reliability across supported chains. The same API already powers swap flows for Uniswap Labs’ own products, as well as institutional and retail platforms including OKX, Talos, Fireblocks, Anchorage Digital, and Ledger, giving it a track record with both exchanges and custody providers. For end users, this means tighter spreads and deeper routing for volatile or long-tail assets without leaving the wallet.​

The scale is non-trivial: cumulative historical trading volume through the Uniswap protocol has now exceeded 40 trillion dollars, underscoring how much order flow and price discovery sits on its pools. By plugging that liquidity into MetaMask’s native swap UX, the integration effectively reduces friction between retail order flow and DeFi’s largest AMM infrastructure. In practical terms, MetaMask users get a more “CEX-like” experience on-chain: one click to quote and execute across fragmented pools and versions.

For developers, the Uniswap API remains free to integrate, with no subscription or per-call fees; teams can generate API keys via the Uniswap developer platform and tap into the same routing engine now wired into MetaMask. That pricing model keeps barriers low for wallets, fintechs, and trading tools that want industrial-grade routing without building their own infrastructure or paying SaaS-style tolls. Over time, this could consolidate more of the retail swap stack around Uniswap’s infra, even as liquidity at the protocol level remains open and permissionless.​

Strategically, the MetaMask–Uniswap link pushes the ecosystem a step closer to a de facto standard: MetaMask as the default EVM wallet, Uniswap as the default DEX backend. For centralized venues and competing aggregators, the risk is that a growing share of high-intent order flow never touches their rails, instead going straight from self-custody into Uniswap liquidity via wallet-native swaps. For users, the incentive is simple: fewer hops, deeper liquidity, and reduced reliance on centralized intermediaries for everyday trading.

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

Dogecoin surged 26,548% in futures volume on BitMEX signaling derivatives market activity, but buyers remain on the sidelines as the Dogecoin price stays in the red.

According to CoinGlass data, Dogecoin futures volume rose on BitMEX crypto exchange to $90.64 million, a 26,548% increase in the last 24 hours. This translated to a broader 44% increase in volumes across the derivatives market.

At the time of writing, DOGE was down 2.57% in the last 24 hours to $0.0933 in dull market trading on Wednesday.

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Investors are considering a sticky February inflation report as the newly released consumer price index increased a seasonally adjusted 0.3% for the month, putting the 12-month inflation rate at 2.4%, according to Bureau of Labor Statistics data. Both numbers matched the Dow Jones consensus forecast and remained above the Federal Reserve’s inflation target of 2% to reach price stability.

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Other economic data due this week includes housing starts and weekly initial jobless claims on Thursday, and the personal consumption expenditures index, which is the Fed’s preferred gauge of inflation on Friday. The Fed is widely expected to hold rates steady at next week’s meeting.

Dogecoin priceDogecoin was rejected following a sharp increase to $0.10 on Wednesday. Dogecoin seems to be forming resistance slightly above $0.10 as Dogecoin tested price points at $0.104 and $0.106 on Feb. 25 and March 4, respectively, but had a failed breakout.

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The daily RSI is slightly below 50, hinting at potential sideways trading and a slight advantage to bears.

The same sideways trading scenario presents on the four-hour chart, with the setup leading to a potential 37% move.

A drop from $0.09 increases the risk of a drop to $0.08. Crypto sentiment is slowly improving as the Fear and Greed index is at 24/100, moving into "fear" territory after more than a month stuck in the "extreme fear" zone.

Fresh Coinglass data shows ETH and BTC trapped between opposing liquidation bands, where a few hundred dollars either way can unleash over 1.9 billion dollars in forced flows.

Summary

For ETH, shorts face roughly 958 million dollars in liquidations above 2,153 dollars, while a drop below 1,951 dollars risks about 907 million dollars in long wipeouts across major CEXs. For BTC, a break below 66,724 dollars could trigger around 1.304 billion dollars in long liquidations, whereas a move above 73,613 dollars exposes about 1.296 billion dollars in shorts to forced buybacks. These bands now act as hard risk parameters for traders, shaping options gamma, perp funding, and basis trades, with any breach best viewed as flow-driven liquidation events rather than fresh macro narratives. Fresh Coinglass data puts hard numbers on where the next violent squeeze in Ethereum (ETH) and Bitcoin (BTC) is likely to trigger as open interest stacks up around key liquidation bands on major centralized exchanges. For traders, the message is simple: you are now trading inside a tightly wired range where a few hundred dollars either way can flip billions in forced flows.

#BTC liquidation heatmap (24 hour)

shows stacked liquidity on both sides.

Major short liquidation cluster: $71k–$72k
Additional liquidity: $70.5k
Large long liquidation pool: $68.8k–$69k

Price is currently sitting between liquidity pockets.

Expect volatility as BTC hunts the… pic.twitter.com/F6qeKfdJzw

— CoinGlass (@coinglass_com) March 11, 2026 On Ethereum, the immediate danger for shorts sits just above the market. If ETH breaks through 2,153 dollars, cumulative short liquidation intensity on mainstream CEXs jumps to roughly 958 million dollars, implying a reflexive move where forced buybacks can accelerate spot upside and drag perp funding positive. On the downside, a clean break below 1,951 dollars would flip the script, with about 907 million dollars in long positions at risk of forced closure across major venues. In practice, that defines a regime: bulls are defending the mid-range to avoid a cascading long wipeout, while bears risk getting steamrolled if price grinds and then spikes through the upper trigger.

Bitcoin’s liquidation map is even more concentrated in notional terms. According to the same Coinglass snapshot, if BTC falls below 66,724 dollars, cumulative long liquidation intensity across major exchanges reaches approximately 1.304 billion dollars, putting over-levered dip-buyers directly in the firing line. Conversely, a breakout above 73,613 dollars would expose about 1.296 billion dollars in shorts to forced buying, setting up a classic short-squeeze scenario into new highs. With BTC currently oscillating around the 70,000 dollar area, both triggers sit within a reachable band for a single high-volatility session.​

For directional traders and market makers, these levels are not just trivia, they are risk parameters. Option desks will lean on these zones when calibrating gamma and skew, while basis traders will watch for funding and futures premia to dislocate as liquidation flows hit the tape. For retail, the takeaway is brutal but clear: size leverage as if both liquidation bands will eventually get tagged, and treat any breakout through them as a flow-driven event first, a “new narrative” second.

Crypto analyst Doctor Profit has provided insights into what to expect from the Bitcoin price after it dropped below $70,000 over the weekend. This comes as the leading crypto continues to face pressure due to the U.S.-Iran war and volatile oil prices. 

What To Expect From The Bitcoin Price In an X post, Doctor Profit said that he expects the Bitcoin price to move sideways between $57,000 and $87,000. The analyst noted that this sideways price action is not bullish but a preparation for what is coming in the next few months for the leading crypto. He predicts that BTC could drop to between $50,000 and $44,000 in the coming months. 

Doctor Profit also noted that the Bitcoin price is mirroring the 2022 price action, when BTC fell 52% from its all-time high (ATH) before rising 44% from its low, then falling again. As such, the leading crypto is expected to follow the same fractal and rally to the upside in the coming months, then drop below $60,000. 

Source: Chart from Doctor Profit on X The analyst said that market psychology supports a relief bounce, as the fear and greed index is currently at an extreme level of fear. As such, the Bitcoin price could move in the opposite direction, with many expecting a decline. Doctor Profit added that before the next leg down, the market needs to create additional liquidity in the downside and take the liquidity that was built to the upside. 

The Bitcoin price, however, continues to face huge resistance at the $70,000 level, negating any sustained rally. BTC also faces pressure amid the Iran war, which continues to make oil prices volatile. The leading crypto had climbed to as high as $71,000 yesterday but sharply dropped below $70,000 following reports that Iran was moving to deploy Naval mines at the Strait of Hormuz. 

Another Local Bottom Could Form Between $57,000 and $60,000 Doctor Profit said he considers $57,000 to $60,000 the local bottom but not the macro bottom, and expects this area to be tested multiple times. The analyst described this range as where it makes sense to buy. He also believes that there is no reason to sell at the moment because upside potential remains. 

Doctor Profit said that the largest and most aggressive long-term bets will be placed much lower between the $50,000 level and into the low $40,000. This is where the analyst plans to re-enter the market with “serious size” ahead of the next bull cycle. This is also the area he expects the Bitcoin price to form a macro bottom. 

The analyst expects the Bitcoin price to drop to the $50,000 to $40,000 range between September and October later this year. In the meantime, he predicts that BTC will continue to see a “long and boring” sideways price action. 

At the time of writing, the Bitcoin price is trading at around $69,800, down in the last 24 hours, according to data from CoinMarketCap.

BTC trading at $69,696 on the 1D chart | Source: BTCUSDT on Tradingview.com Featured image from Pixabay, chart from Tradingview.com

Uranium Energy Today

UEC

Uranium Energy

$14.65 +0.17 (+1.18%)

As of 10:31 AM Eastern

This is a fair market value price provided by Massive. Learn more.

52-Week Range$3.85▼

$20.34Price Target$16.53

Uranium Energy Corp’s NYSEAMERICAN: UEC uptrend resumed following the Q2 fiscal year 2026 (FY2026) earnings report because it reaffirmed the robust outlook. As the largest and among the most advanced domestic uranium miners and vertically integrated suppliers, it is well positioned in a world where rare-earth metals are in high demand, and their development is government-supported. The takeaways for investors include rapid operational scaling, imminent approval to commence expanded operations, and an unhedged strategy delivering nuclear-powered margins. 

Among the company’s attractions is its focus on operational quality and margins. Highlights from Q2 FY2026 include the cost-per-pound and average selling price, which are sustained in the low $40s in the first case and averaged $101 per pound, well over the spot average, in the second. The impact on the outlook is substantial, as the company sits on roughly 1.5 million pounds of supply and is on track to ramp production exponentially over the coming years. Profitability is only a matter of time, just around the corner. As it stands, analysts forecast full-year adjusted profits in the subsequent fiscal year and hypergrowth over the next few years. 

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Analysts Support UEC Price Action While Pointing to Record Highs The trends remain bullish and unlikely to change, given the news and operational updates. The few commentaries released expressed caution due to near-term profitability headwinds but remained generally optimistic.

Uranium Energy Stock Forecast Today12-Month Stock Price Forecast:
$15.66
8.12% Upside

Moderate Buy
Based on 9 Analyst Ratings

Current Price$14.48High Forecast$19.75Average Forecast$15.66Low Forecast$10.50Uranium Energy Stock Forecast Details

As it stands, MarketBeat tracks nine analysts rating the stock, with a consensus of Moderate Buy, and price targets have been increasing. The consensus price target offers only 7.5% upside following the Q2 FY2026 release, but the trend points to the high end of the range, pegged at $19.75. The $19.75 target is just shy of record levels and is likely to be surpassed as expansion projects come online. 

Institutional activity is another factor pointing to record-high levels. The group owns more than 60% of the stock, providing solid support, and has been accumulating over the trailing-12-month period.

The balance shifted to distribution in calendar Q3 2025, but only marginally; otherwise, the group bought at a $2-to-$1 pace over the 12-month period, with activity ramping in Q1 calendar year 2026. The balance in Q1 2026 is closer to $5-to-$1, suggesting this group is among those buying after the Q2 FY2026 results were released. 

Uranium Energy Corp Has Catalysts and Tailwinds in 2026 UEC catalysts in 2026 include the formation of the United States Uranium Refining and Conversion Corp. It will convert yellowcake uranium produced by UEC into uranium hexafluoride gas, a critical step in the uranium enrichment process. Uranium must be in gaseous form to enrich the targeted isotopes; the move positions the company as the leading, vertically integrated uranium operator with both mining and conversion capabilities. 

UEC tailwinds include government policy and its financial strength. Numerous policies, including the designation of uranium as a critical mineral, provide domestic mining and production security, along with necessary funding to assist industry development. Balance sheet highlights, including the massive inventory stockpile, suggest this company has the capacity to execute its strategy and increase capacity profitably. Aside from the nearly 1.5 million pounds of inventory, the company has over $800 million in liquid capital and no debt. 

UEC Price Action Confirms Trend After Q2 FY2026 Release UEC price action has been volatile but otherwise in an uptrend since early 2025. The early 2026 action pulled back to a critical support level that was confirmed as support in mid-March. The likely outcome is that the UEC stock price will rebound as the year progresses, potentially hitting all-time highs by mid-year. The critical resistance point as calendar Q1 2026 draws to a close is the 30-day exponential moving average, near $15. A move above that level will signal a shift in near-term dynamics, affirming the market's outlook for a retest of its all-time highs. 

Risks include the short-sellers, who have piled into this stock this year. Short interest is not astronomically high at 9%, but it has risen significantly over the past three months, presenting a headwind for the market. If this persists, UEC stock may struggle to move above the critical moving average and hold the move if it does. 

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ATLANTA, March 11, 2026 (GLOBE NEWSWIRE) -- A shareholder class action lawsuit has been filed against Camping World Holdings, Inc. (“Camping World”) (NYSE: CWH). The lawsuit alleges that Defendants issued false and misleading statements and/or failed to disclose material adverse facts regarding Camping World’s business, operations, and prospects, including allegations that: (i) Camping World overstated its ability to "surgically manage [its] inventory" to optimize profit using "data analytics"; (ii) Camping World overstated the retail demand of consumers it was experiencing and/or reasonably expected; (iii) as a result, Camping World would require "strict, corrective inventory management objectives," negatively impacting gross profit and margins; and (iv) Camping World's inadequate systems and processes prevented it from ensuring reasonably accurate disclosures and/or guidance, including about the health of its balance sheet and/or the ability to manage Selling, General & Administrative expenses.

If you purchased Camping World shares between April 29, 2025 and February 24, 2026, and experienced a significant loss on that investment, you are encouraged to discuss your legal rights by contacting Corey D. Holzer, Esq. at [email protected], by toll-free telephone at (888) 508-6832, or by visiting the firm’s website at www.holzerlaw.com/case/camping-world/ for more information.

The deadline to ask the court to be appointed lead plaintiff in the case is May 11, 2026.

Holzer & Holzer, LLC, an ISS top rated securities litigation law firm for 2021, 2022, 2023, and 2025, dedicates its practice to vigorous representation of shareholders and investors in litigation nationwide, including shareholder class action and derivative litigation. Since its founding in 2000, Holzer & Holzer attorneys have played critical roles in recovering hundreds of millions of dollars for shareholders victimized by fraud and other corporate misconduct. More information about the firm is available through its website, www.holzerlaw.com, and upon request from the firm. Holzer & Holzer, LLC has paid for the dissemination of this promotional communication, and Corey Holzer is the attorney responsible for its content.  

CONTACT:
Corey Holzer, Esq.
(888) 508-6832 (toll-free)
[email protected]