Market Signal Briefing

STAFFORD, Texas, Dec. 22, 2025 (GLOBE NEWSWIRE) -- Greenwich LifeSciences, Inc. (Nasdaq: GLSI) (the "Company"), a clinical-stage biopharmaceutical company focused on its Phase III clinical trial, FLAMINGO-01, which is evaluating Fast Track designated GLSI-100, an immunotherapy to prevent breast cancer recurrences, today provided additional updates on FLAMINGO-01 and the Company's corporate strategy.

Vancouver, British Columbia--(Newsfile Corp. - December 22, 2025) - International Lithium Corp. (TSXV: ILC) (OTCQB: ILHMF) (FSE: IAH) (the "Company" or "ILC") will hold its 2025 Annual General Meeting today, December 22, at 9.30 a.m. Pacific Time. At that meeting, John Wisbey, Chairman and CEO, will make the following statement:

"Good morning, and welcome to the 2025 Annual General Meeting of International Lithium Corp. ("ILC" or the "Company"). I would like to share a few comments on the year-to-date and the outlook ahead before proceeding with formalities.

"In summary, 2025 has been a successful year for ILC, improved further by a major turnround in the lithium market from June onwards. The Company completed the sale of its Avalonia property in Ireland, and made a major advance in Southern Africa through obtaining an option to acquire an 80% interest in the company owning the important Karibib project in Namibia. It is important to note that ILC has become much more than a lithium company, and the expansion into other critical minerals will be especially notable if ILC exercises its option in Namibia. As well as lithium, the Karibib project contains the largest declared rubidium resource in Africa, and also enough cesium that, when refined, would meet a year of global demand. Rubidium and cesium are both valuable critical metals with multiple commercial uses.

"The year for the lithium market has been one of two halves. In H1 2025, the lithium price, and that of related minerals such as spodumene, continued to be very weak, reaching a low in June of circa 10% of the 2023 highs. This, combined with the resultant impact on share prices, was painful for every company in the lithium sector, including ILC. However, in H2 2025, the position has seen a considerable improvement.

"While much of the commodity market's focus has been on gold, silver and platinum, the rebound in lithium prices has not been widely reported and has been largely overlooked. Yet in H2 2025, the spodumene price has risen by more than 100%, outperforming all precious metals. Most of that gain has come in Q4 2025. The main benchmark lithium carbonate price Li2CO3 has risen by around 65% from its June 2025 lows. If this trend continues, it will be very positive for the lithium sector.

"The Company's flagship Raleigh Lake project in Ontario, Canada is again, at today's prices for spodumene, an economically viable project even if ILC were to focus solely on lithium. Moreover, it also carries a significant rubidium resource, and one of ILC's goals in 2026 is to put a formal economic value on that rubidium resource, as we did in the PEA for lithium two years ago.

"In September 2025, ILC announced that it had acquired an option to buy Lepidico's 100% interest in Lepidico Mauritius for C$975,000. This brings with it an 80% interest in the Namibian company that owns 100% of the Karibib Lithium, Rubidium and Cesium project. As announced at the time, this is a major project that has received substantial investment and, indeed, reached the Definitive Feasibility Study stage under JORC in 2020. If the option is exercised, ILC will have a major stake in the largest declared rubidium resource in Africa and one of the largest in the world. There is also enough cesium at Karibib that, when refined, could meet a year of world demand. We are still waiting for the outcome of an arbitration case that Lepidico is engaged in and will decide whether or not to exercise the option shortly after receiving that result.

Lepidico's 80% ownership of Karibib resulted from its 2019 acquisition of TSXV-listed Desert Lion Energy in exchange for shares and other securities valued at that time at AUD$ 22.9 million (approximately CAD$20.7 million). Since acquiring the company in 2019, Lepidico invested a further AUD$ 12.1 million (approximately CAD$ 10.9 million) in the Karibib project, excluding central group overheads, with a significant portion directed towards drilling, an environmental study and subsequently a Definitive Feasibility Study and a further Resource Estimate.

This project could become highly important to ILC in 2026, and the Company's Southern Africa strategy will hopefully also be supplemented by progress on the announced Zimbabwe EPO applications.

"The Company completed the sale of the Avalonia project in Ireland to a subsidiary of its partner, Ganfeng Lithium, whereby ILC also retains a 2% Net Smelter Royalty. The total of C$2.5m generated from this was used to advance the investment in the Namibian project and other ongoing initiatives.

Outlook

"The good work done in 2025, and the upturn in the lithium market, gives a strong possibility of 2026 being a successful period for ILC. As well as extra work at the flagship Raleigh Lake project in Canada, if ILC exercises its option to buy Lepidico Mauritius, it will, at Karibib in Namibia, have a project that could otherwise have taken several years and tens of millions of dollars to bring a similar greenfield project to the same stage, let alone the time to identify such a project. Karibib would bring ILC not only lithium, but also a world-class resource in rubidium and one of the larger cesium deposits not controlled by a Chinese company.

"Lithium and spodumene prices are now back up to the level where mine development is economically viable at Canadian prices. If their rise continues, this will be positive for ILC and the lithium industry overall. ILC's additional focus on rubidium and cesium gives further strings to its bow that could turn ILC into a much larger company.

"In closing, I would like to take this opportunity to wish all of our valued shareholders, advisors and other stakeholders a Merry Christmas and a happy, healthy and prosperous New Year."

On behalf of the Company,

John Wisbey
Chairman and CEO
www.internationallithium.ca

_______________________________________________________________________________________

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

Cautionary Statement Regarding Forward-Looking Information

Except for statements of historical fact, this news release or other releases contain certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information or forward-looking statements in this or other news releases may include: the timing of completion of any offering and the amount to be raised, the likelihood or otherwise of the Company exercising its option on Lepidico Mauritius, the outcome of arbitration involving Lepidico Namibia, the effect of results of anticipated production rates, the timing and/or anticipated results of drilling on the Karibib or Raleigh Lake or Firesteel or Wolf Ridge projects, the expectation of resource estimates, preliminary economic assessments, feasibility studies, lithium or rubidium or copper recoveries, modeling of capital and operating costs, results of studies utilizing various technologies at the company's projects, the Company's budgeted expenditures, future plans for expansion in Southern Africa and planned exploration work on its projects, increased value of shareholder investments in the Company, the potential from the Company's third party earn-out or royalty arrangements, the future demand for lithium, rubidium, cesium and copper, and assumptions about ethical behaviour by our joint venture partners or third party operators of projects or royalty partners. Such forward-looking information is based on assumptions and subject to a variety of risks and uncertainties, including but not limited to those discussed in the sections entitled "Risks" and "Forward-Looking Statements" in the interim and annual Management's Discussion and Analysis which are available at www.sedarplus.ca. While management believes that the assumptions made are reasonable, there can be no assurance that forward-looking statements will prove to be accurate. Should one or more of the risks, uncertainties or other factors materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking information. Forward-looking information herein, and all subsequent written and oral forward-looking information are based on expectations, estimates and opinions of management on the dates they are made that, while considered reasonable by the Company as of the time of such statements, are subject to significant business, economic, legislative, and competitive uncertainties and contingencies. These estimates and assumptions may prove to be incorrect and are expressly qualified in their entirety by this cautionary statement. Except as required by law, the Company assumes no obligation to update forward-looking information should circumstances or management's estimates or opinions change.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/278761

Source: International Lithium Corp.

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NEW YORK, Dec. 22, 2025 (GLOBE NEWSWIRE) -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized investor-rights law firm, announces that a class action lawsuit has been filed against Jayud Global Logistics Ltd. (NASDAQ: JYD) and certain of its officers.

This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Jayud securities between April 21, 2023 and April 30, 2025, both dates inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: bgandg.com/JYD.

Jayud Case Details

The Complaint alleges that throughout the Class Period, Defendants made materially false and/or misleading statements and failed to disclose material adverse facts about the Company’s business, operations, and the true nature of the trading activity in its securities. Specifically, the Complaint alleges that Defendants failed to disclose to investors:

(1) that Jayud was the subject of a fraudulent stock promotion scheme involving social media-based misinformation and impersonated financial professionals; 
(2) that insiders and/or affiliates used offshore or nominee accounts to facilitate the coordinated dumping of shares during a price inflation campaign; 
(3) that Jayud’s public statements and risk disclosures omitted any mention of the false rumors and artificial trading activity driving the stock price; and 
(4) that, as a result of the foregoing, Defendants’ positive statements about the Company’s business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

What's Next for Jayud Investors?

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: bgandg.com/JYD. or you may contact Peretz Bronstein, Esq. or his Client Relations Manager, Nathan Miller, of Bronstein, Gewirtz & Grossman, LLC at 917-590-0911. If you suffered a loss in Jayud you have until January 19, 2026, to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as lead plaintiff.

No Cost to Jayud Investors

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

Why Bronstein, Gewirtz & Grossman, LLC for Jayud Securities Class Action?

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

"Our practice centers on restoring investor capital and ensuring corporate accountability, which serves to uphold the essential integrity of the marketplace," said Peretz Bronstein, Founding Partner of Bronstein, Gewirtz & Grossman, LLC.

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

Contact Info

Peretz Bronstein, Esq. or Nathan Miller
Bronstein, Gewirtz & Grossman, LLC
917-590-0911 | [email protected]

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Prior results do not guarantee similar outcomes.

SAN DIEGO--(BUSINESS WIRE)--The law firm of Robbins Geller Rudman & Dowd LLP is investigating potential violations of U.S. federal securities laws involving Fermi Inc. (NASDAQ: FRMI) focused on whether Fermi and certain of its executives made false and/or misleading statements and/or failed to disclose material information to investors.

If you have information that could assist in the Fermi investigation or if you are a Fermi investor who suffered a loss and would like to learn more, you can provide your information here: https://www.rgrdlaw.com/cases-fermi-inc-investigation-frmi.html

You can also contact attorneys J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at [email protected].

THE COMPANY: Fermi is developing a large electric generation campus for AI data centers. On September 30, 2025, Fermi conducted its initial public offering, issuing approximately 32.5 million shares of common stock to the public at the offering price of $21.00 per share. The IPO’s offering document represented that “[o]n September 19, 2025, [Fermi] entered into a letter of intent . . . with an investment grade-rated tenant (the ‘First Tenant’) to lease a portion of the Project Matador Site on a triple-net basis for an initial lease term of twenty years, with four renewal terms of five years each.” In November 2025, Fermi further announced that the First Tenant entered into an Advance in Aid of Construction Agreement (“AICA”), pursuant to which the First Tenant agreed, subject to certain conditions, to advance up to $150 million to fund construction costs.

THE REVELATION: On December 12, 2025, Fermi revealed that “[o]n December 11, 2025, the First Tenant notified [Fermi] that it is terminating the AICA, but the parties continue to negotiate the terms of a lease agreement at Project Matador pursuant to the letter of intent.” After this news, the price of Fermi stock fell more than 33%, closing at $10.09 per share – well below the IPO price.

ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world’s leading law firms representing investors in securities fraud and shareholder litigation. Our Firm has been ranked #1 in the ISS Securities Class Action Services rankings for four out of the last five years for securing the most monetary relief for investors. In 2024, we recovered over $2.5 billion for investors in securities-related class action cases – more than the next five law firms combined, according to ISS. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs’ firms in the world, and the Firm’s attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information: https://www.rgrdlaw.com/services-litigation-securities-fraud.html

Past results do not guarantee future outcomes.

Services may be performed by attorneys in any of our offices.

SAN DIEGO, Dec. 22, 2025 (GLOBE NEWSWIRE) -- The law firm of Robbins Geller Rudman & Dowd LLP announces that purchasers or acquirers of Freeport-McMoRan Inc. (NYSE: FCX) publicly traded securities between February 15, 2022 and September 24, 2025, both dates inclusive (the “Class Period”), have until Monday, January 12, 2026 to seek appointment as lead plaintiff of the Freeport-McMoRan class action lawsuit. Captioned Reed v. Freeport-McMoRan Inc., No. 25-cv-04243 (D. Ariz.), the Freeport-McMoRan class action lawsuit charges Freeport-McMoRan as well as certain of Freeport-McMoRan’s top current and former executives with violations of the Securities Exchange Act of 1934.

If you suffered substantial losses and wish to serve as lead plaintiff of the Freeport-McMoRan class action lawsuit, please provide your information here:

https://www.rgrdlaw.com/cases-freeport-mcmoran-inc-class-action-lawsuit-fcx.html

You can also contact attorneys J.C. Sanchez or Jennifer N. Caringal of Robbins Geller by calling 800/449-4900 or via e-mail at [email protected].

CASE ALLEGATIONS: Freeport-McMoRan engages in the mining of mineral properties in North America, South America, and Indonesia. Freeport-McMoRan operates the Grasberg Copper and Gold Mine in Papua, Indonesia, in which the Indonesian government holds a commercial interest, according to the complaint.

The Freeport-McMoRan class action lawsuit alleges that throughout the Class Period defendants made false and/or misleading statement and/or failed to disclose that: (i) Freeport-McMoRan did not adequately ensure safety at the Grasberg Block Cave mine in Indonesia; (ii) the lack of proper safety precautions constituted a heightened risk that could foreseeably lead to the death of Freeport-McMoRan’s workers; and (iii) this constituted an undisclosed heightened risk of regulatory, litigation, and reputational risk.

The Freeport-McMoRan class action lawsuit further alleges that on September 9, 2025, Freeport-McMoRan disclosed that “a large flow of wet material from a production drawpoint occurred at one of five production blocks in the Grasberg Block Cave underground mine,” which “blocked access to certain areas within the mine, restricting evacuation routes for seven team members.” Freeport-McMoRan further allegedly disclosed that “[m]ining operations in the Grasberg minerals district have been temporarily suspended to prioritize the safe evacuation of the seven contractor workers.” On this news, the price of Freeport-McMoRan stock fell nearly 6%, according to the complaint.

Then, on September 24, 2025, the complaint further alleges that Freeport-McMoRan revealed that “two team members . . . were regrettably fatally injured in the September 8th incident,” “[e]xtensive efforts are ongoing in the search for five [PT Freeport Indonesia (“PTFI”)] team members who remain missing,” and “mining operations in the Grasberg minerals district have been temporarily suspended since September 8th.” Freeport-McMoRan allegedly further disclosed that “PTFI production in 2026 could potentially be approximately 35% lower than pre-incident estimates.” On this news, the price of Freeport-McMoRan stock fell nearly 17%, according to the complaint.

Finally, on September 25, 2025, the Freeport-McMoRan class action lawsuit alleges that Bloomberg published an article entitled “Freeport Mine Setback Risks Fraying Relations With Indonesia,” which stated, in pertinent part, that “[a] halt in production at the giant Grasberg copper mine in Indonesia looks set to strain the fractious relationship between Freeport-McMoRan Inc. and its host nation, at a time when the Jakarta government was already looking to take greater control.” The complaint alleges that on this news, the price of Freeport-McMoRan stock fell more than 6%.

THE LEAD PLAINTIFF PROCESS: The Private Securities Litigation Reform Act of 1995 permits any investor who purchased or acquired Freeport-McMoRan publicly traded securities during the Class Period to seek appointment as lead plaintiff in the Freeport-McMoRan class action lawsuit. A lead plaintiff is generally the movant with the greatest financial interest in the relief sought by the putative class who is also typical and adequate of the putative class. A lead plaintiff acts on behalf of all other class members in directing the Freeport-McMoRan investor class action lawsuit. The lead plaintiff can select a law firm of its choice to litigate the Freeport-McMoRan shareholder class action lawsuit. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff of the Freeport-McMoRan class action lawsuit.

ABOUT ROBBINS GELLER: Robbins Geller Rudman & Dowd LLP is one of the world’s leading law firms representing investors in securities fraud and shareholder litigation. Our Firm has been ranked #1 in the ISS Securities Class Action Services rankings for four out of the last five years for securing the most monetary relief for investors. In 2024, we recovered over $2.5 billion for investors in securities-related class action cases – more than the next five law firms combined, according to ISS. With 200 lawyers in 10 offices, Robbins Geller is one of the largest plaintiffs’ firms in the world, and the Firm’s attorneys have obtained many of the largest securities class action recoveries in history, including the largest ever – $7.2 billion – in In re Enron Corp. Sec. Litig. Please visit the following page for more information:

https://www.rgrdlaw.com/services-litigation-securities-fraud.html

Past results do not guarantee future outcomes. 
Services may be performed by attorneys in any of our offices. 

Contact:
        Robbins Geller Rudman & Dowd LLP
        J.C. Sanchez, Jennifer N. Caringal
        655 W. Broadway, Suite 1900, San Diego, CA 92101
        800-449-4900
        [email protected]

, /PRNewswire/ -- Honeywell (NASDAQ: HON) today released supplemental 2024 and year-to-date 2025 financial information to reflect its updated business segment structure expected to become effective for the first quarter of 2026, which it previously announced on October 22, 2025.

The company also announced today that it will report its Advanced Materials business unit as discontinued operations beginning the fourth quarter of 2025, following the successful spin of Solstice Advanced Materials (NASDAQ: SOLS) on October 30, 2025. As a result, the company adjusts its full-year and fourth quarter 2025 guidance, and otherwise re-affirms its expectations for fourth quarter performance.

In addition, Honeywell is providing an update on its previously disclosed Flexjet-related litigation matters, which it expects will result in a one-time charge in the fourth quarter. This charge will not impact the company's non-GAAP financial metrics or guidance. Any potential settlements of these litigation matters are anticipated to include one-time cash payments totaling approximately $470 million in the aggregate to the involved parties.

Supplemental Financial Information
In the attached supplemental financial information, Honeywell provides historical financial information consistent with its previously announced new business segment structure (anticipated to begin in the first quarter of 2026) and reports its Advanced Materials business unit, previously part of Energy and Sustainability Solutions, as discontinued operations beginning in the fourth quarter of 2025. Corporate expenses previously allocated to Advanced Materials will be included as part of Corporate and All Other segment profit of Honeywell.

The new business segment structure aligns to the company's go-forward strategy for its automation business ahead of the planned spin-off of its Aerospace business in the second half of 2026. The structure will consist of four reportable business segments: Aerospace Technologies, Building Automation, Process Automation and Technology, and Industrial Automation. The three automation segments will each further report two business units aligned to the business models through which the company delivers value for its customers. Reporting for Aerospace Technologies is unchanged.

Honeywell Adjusts 2025 Outlook
As a result of the reclassification of Advanced Materials to discontinued operations, Honeywell adjusts its full-year and fourth quarter adjusted sales, segment margin, adjusted earnings per share, and free cash flow guidance. Excluding the reclassification, there is no change to the company's expectations for its fourth quarter non-GAAP financial guidance. A summary of the change in guidance is provided in tables 1 and 2 below.

TABLE 1: FULL-YEAR 2025 GUIDANCE RECONCILIATION1

October Guidance

Impact from Advanced Materials
Discontinued Operations

Current Guidance3

Adjusted Sales2,3

$40.7B - $40.9B

($3.2B)

$37.5B - $37.7B

Organic3 Growth

~6%

~0%

~6%

Segment Margin

22.9% - 23.0%

~(0.4%)

22.5% - 22.6%

Expansion

Up 30 - 40 bps

Up 40 - 50 bps

Adjusted Earnings Per Share4

$10.60 - $10.70

~($0.90)

$9.70 - $9.80

Operating Cash Flow

$6.4B - $6.8B

~($0.5B)

$5.9B - $6.3B

Free Cash Flow3

$5.2B - $5.6B

~($0.4B)

$4.8B - $5.2B

TABLE 2: FOURTH QUARTER GUIDANCE RECONCILIATION1

October Guidance

Impact from Advanced Materials
Discontinued Operations

Current Guidance3

Adjusted Sales2,3

$10.1B - $10.3B

($0.3B)

$9.8B - $10.0B

Organic3 Growth

8% - 10%

~0%

8% - 10%

Segment Margin

22.5% - 22.8%

~Neutral

22.5% - 22.8%

Expansion

Up 160 - 190 bps

Up 210 - 240 bps

Adjusted Earnings Per Share4

$2.52 - $2.62

~($0.04)

$2.48 - $2.58

1

Segment margin and adjusted EPS are non-GAAP financial measures. Management cannot reliably predict or estimate, without unreasonable effort, the impact and timing on future operating results arising from items excluded from segment margin and adjusted EPS. We therefore, do not present a guidance range, or a reconciliation to, the nearest GAAP financial measures of operating margin or EPS.

2

Adjusted Sales is a non-GAAP financial measure and reflects an adjustment to add back approximately $310 million reported as a contra revenue accounting reduction to GAAP Sales as a result of the potential settlements of the Flexjet-related litigation matters. Previously provided October Guidance for Sales did not reflect any such adjustments.

3

See additional information at the end of this release regarding non-GAAP financial measures.

4

Adjusted EPS guidance excludes items identified in the non-GAAP reconciliation of adjusted EPS at the end of this release, and any potential future one-time items that we cannot reliably predict or estimate such as pension mark-to-market. Tax rates used for the impacts of Advanced Materials discontinued operations are based on preliminary estimates.

Flexjet-Related Litigation Matters Update
Honeywell is providing an update with respect to the previously disclosed Flexjet-related litigation matters. The company is in ongoing settlement negotiations with Flexjet and the other parties to the litigation matters. Based on negotiations to date, Honeywell expects to record a one-time charge within its Aerospace Technologies segment in the fourth quarter of 2025 that will reduce GAAP sales (due to contra-revenue accounting) and operating income by approximately $310 million and $370 million, respectively. However, this charge will not impact Honeywell's non-GAAP financial metrics. The company further expects that any settlements will include one-time cash payments to the parties to the Flexjet-related litigation matters totaling approximately $470 million in the aggregate. There can be no assurance that any settlements will be reached, and the foregoing financial impacts are subject to change based on the final terms of any such settlements.

For additional information, please see our Current Report on Form 8-K, filed with the SEC on December 22, 2025, available at http://www.sec.gov.

About Honeywell
Honeywell is an integrated operating company serving a broad range of industries and geographies around the world, with a portfolio that is underpinned by our Honeywell Accelerator operating system and Honeywell Forge platform. As a trusted partner, we help organizations solve the world's toughest, most complex challenges, providing actionable solutions and innovations for aerospace, building automation, industrial automation, process automation, and process technology, that help make the world smarter and safer as well as more secure and sustainable. For more news and information on Honeywell, please visit www.honeywell.com/newsroom.

Additional Information
Honeywell uses our Investor Relations website, www.honeywell.com/investor, as a means of disclosing information which may be of interest or material to our investors and for complying with disclosure obligations under Regulation FD. Accordingly, investors should monitor our Investor Relations website, in addition to following our press releases, SEC filings, public conference calls, webcasts, and social media.

Forward Looking Statements
We describe many of the trends and other factors that drive our business and future results in this release. Such discussions contain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, including statements related to the proposed separation of Automation and Aerospace Technologies, the realignment of the Company's reportable business segments, the Company's full year guidance, the accounting impact of any potential settlements of the Flexjet-related litigation matters, and the evaluation of strategic alternatives for the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses. Forward-looking statements are those that address activities, events, or developments that we or our management intend, expect, project, believe, or anticipate will or may occur in the future. They are based on management's assumptions and assessments in light of past experience and trends, current economic and industry conditions, expected future developments, and other relevant factors, many of which are difficult to predict and outside of our control, including the Company's realignment of its reportable business segments, the Company's current expectations, estimates, and projections regarding the proposed separation of Automation and Aerospace Technologies, the accounting impact of any potential settlements of the Flexjet-related litigation matters, and the evaluation of strategic alternatives for the Productivity Solutions and Services and Warehouse and Workflow Solutions businesses. They are not guarantees of future performance, and actual results, developments, and business decisions may differ significantly from those envisaged by our forward-looking statements. We do not undertake to update or revise any of our forward-looking statements, except as required by applicable securities law. Our forward-looking statements are also subject to material risks and uncertainties, including ongoing macroeconomic and geopolitical risks, such as changes in or application of trade and tax laws and policies, including the impacts of tariffs and other trade barriers and restrictions, lower GDP growth or recession in the U.S. or globally, supply chain disruptions, capital markets volatility, inflation, and certain regional conflicts, that can affect our performance in both the near- and long-term. In addition, no assurance can be given that any plan, initiative, projection, goal, commitment, expectation, or prospect set forth in this release can or will be achieved. These forward-looking statements should be considered in light of the information included in this release, our Form 10-K, and other filings with the SEC. Any forward-looking plans described herein are not final and may be modified or abandoned at any time.

This release contains financial measures presented on a non-GAAP basis. Honeywell's non-GAAP financial measures used in this release are as follows:

Segment profit, on an overall Honeywell basis;
Segment profit margin, on an overall Honeywell basis;
Organic sales growth;
Adjusted sales;
Free cash flow; and
Adjusted earnings per share.

Management believes that, when considered together with reported amounts, these measures are useful to investors and management in understanding our ongoing operations and in the analysis of ongoing operating trends. These measures should be considered in addition to, and not as replacements for, the most comparable GAAP measure. Certain measures presented on a non-GAAP basis represent the impact of adjusting items net of tax. The tax-effect for adjusting items is determined individually and on a case-by-case basis. Refer to the Appendix attached to this release for reconciliations of non-GAAP financial measures to the most directly comparable GAAP measures.

Appendix

Non-GAAP Financial Measures

The following information provides definitions and reconciliations of certain non-GAAP financial measures presented in this press release to which this reconciliation is attached to the most directly comparable financial measures calculated and presented in accordance with generally accepted accounting principles (GAAP).

Management believes that, when considered together with reported amounts, these measures are useful to investors and management in understanding our ongoing operations and in the analysis of ongoing operating trends. These measures should be considered in addition to, and not as replacements for, the most comparable GAAP measure. Certain measures presented on a non-GAAP basis represent the impact of adjusting items net of tax. The tax-effect for adjusting items is determined individually and on a case-by-case basis. Other companies may calculate these non-GAAP measures differently, limiting the usefulness of these measures for comparative purposes.

Management does not consider these non-GAAP measures in isolation or as an alternative to financial measures determined in accordance with GAAP. The principal limitations of these non-GAAP financial measures are that they exclude significant expenses and income that are required by GAAP to be recognized in the consolidated financial statements. In addition, they are subject to inherent limitations as they reflect the exercise of judgments by management about which expenses and income are excluded or included in determining these non-GAAP financial measures. Investors are urged to review the reconciliation of the non-GAAP financial measures to the comparable GAAP financial measures and not to rely on any single financial measure to evaluate Honeywell's business.

Organic Sales Percent Change

We define organic sales percentage as the year-over-year change in adjusted sales from continuing operations relative to the comparable period, excluding the impact on sales from foreign currency translation, and acquisitions, net of divestitures, for the first 12 months following the transaction date. We believe this measure is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends.

A quantitative reconciliation of reported sales percent change to organic sales percent change has not been provided for the forward-looking measure of organic sales percent change because management cannot reliably predict or estimate, without unreasonable effort, the fluctuations in global currency markets that impact foreign currency translation, nor is it reasonable for management to predict the timing, occurrence and impact of acquisition and divestiture transactions, all of which could significantly impact our reported sales percent change.

Honeywell International Inc.

Reconciliation of Expected Sales to Expected Adjusted Sales

(Unaudited)

(Dollars in billions)

Three Months Ended
December 31, 2025 (E)

Twelve Months Ended
December 31, 2025 (E)

Sales

~$9.5 - $9.7

~$37.2 - $37.4

Flexjet-related litigation matters1

~0.3

~0.3

Adjusted sales

~$9.8 - $10.0

~$37.5 - $37.7

1

For the three and twelve months ended December 31, 2025, reflects an approximately $310 million impact to sales due to contra revenue accounting as a result of a pending settlement with an existing customer.

We define adjusted sales as sales from continuing operations less the sales impact of the Flexjet-related litigation matters. Management  considers the nature and significance of these litigation matters to be unusual and not indicative of the Company's ongoing performance.

We believe that adjusted sales is a non-GAAP measure that is useful to investors and management as a measure of ongoing operations and in analysis of ongoing operating trends.

Honeywell International Inc.

Reconciliation of Operating Income to Segment Profit, Calculation of Operating Income and Segment Profit Margins

(Unaudited)

(Dollars in millions)

Three Months Ended

December 31, 2024

Twelve Months Ended

December 31, 2024

Continuing
Operations

Discontinued
Operations1

Continuing
Operations

Discontinued
Operations1

Operating income

$             1,521

$                224

$             6,449

$                992

Stock compensation expense2

39

2

189

5

Repositioning, Other3,4

58

15

265

27

Pension and other postretirement service costs5

16

1

61

4

Amortization of acquisition-related intangibles6

139

1

411

4

Acquisition-related costs7

—

—

25

—

Indefinite-lived intangible asset impairment2

—

—

48

—

Impairment of assets held for sale

94

—

219

—

Segment profit

$             1,867

$                243

$             7,667

$             1,032

Operating income

$             1,521

$                224

$             6,449

$                992

÷ Net sales

$             9,169

$                919

$           34,717

$             3,781

Operating income margin %

16.6 %

24.4 %

18.6 %

26.2 %

Segment profit

$             1,867

$                243

$             7,667

$             1,032

÷ Net sales

$             9,169

$                919

$           34,717

$             3,781

Segment profit margin %

20.4 %

26.4 %

22.1 %

27.3 %

1

Effective October 30, 2025, Honeywell completed the spin-off of its Advanced Materials business into an independent, publicly traded company, Solstice Advanced Materials. The Advanced Materials business had historically been part of the Energy and Sustainability Systems reportable segment. In connection with the spin-off, the Advanced Materials business is reported as discontinued operations in all periods presented.

2

Included in Selling, general and administrative expenses.

3

Includes repositioning, asbestos, environmental expenses, equity income adjustment, and other charges.

4

Included in Cost of products and services sold and Selling, general and administrative expenses.

5

Included in Cost of products and services sold, Research and development expenses, and Selling, general and administrative expenses.

6

Included in Cost of products and services sold.

7

Included in Other (income) expense. Includes acquisition-related fair value adjustments to inventory and third-party transaction and integration costs.

We define operating income as net sales less total cost of products and services sold, research and development expenses, impairment of assets held for sale, and selling, general and administrative expenses. We define segment profit, on an overall Honeywell basis, as operating income, excluding stock compensation expense, pension and other postretirement service costs, amortization of acquisition-related intangibles, certain acquisition- and divestiture-related costs and impairments, and repositioning and other charges. We define segment profit margin, on an overall Honeywell basis, as segment profit divided by net sales. We believe these measures are useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends.

A quantitative reconciliation of operating income to segment profit, on an overall Honeywell basis, has not been provided for all forward-looking measures of segment profit and segment profit margin included herein. Management cannot reliably predict or estimate, without unreasonable effort, the impact and timing on future operating results arising from items excluded from segment profit, particularly pension mark-to-market expense as it is dependent on macroeconomic factors, such as interest rates and the return generated on invested pension plan assets. The information that is unavailable to provide a quantitative reconciliation could have a significant impact on our reported financial results. To the extent quantitative information becomes available without unreasonable effort in the future, and closer to the period to which the forward-looking measures pertain, a reconciliation of operating income to segment profit will be included within future filings.

Acquisition amortization and acquisition- and divestiture-related costs are significantly impacted by the timing, size, and number of acquisitions or divestitures we complete and are not on a predictable cycle and we make no comment as to when or whether any future acquisitions or divestitures may occur. We believe excluding these costs provides investors with a more meaningful comparison of operating performance over time and with both acquisitive and other peer companies.

Honeywell International Inc.

Reconciliation of Earnings per Share to Adjusted Earnings per Share

(Unaudited)

Three Months Ended

December 31, 2025 (E)

Twelve Months Ended

December 31, 2025 (E)

Earnings per share of common stock from continuing operations - diluted1

$1.79 - $1.89

$9.23 - $9.33

Pension mark-to-market expense

No Forecast

No Forecast

Amortization of acquisition-related intangibles2

0.20

0.72

Acquisition-related costs3

0.02

0.05

Divestiture-related costs

No Forecast

No Forecast

Impairment of assets held for sale4

—

0.02

Loss on sale of business5

—

0.04

Gain related to Resideo indemnification and reimbursement agreement termination6

—

(1.25)

Adjustment to estimated future environmental liabilities7

—

0.25

Loss on expected settlement of divestiture of asbestos liabilities8

—

0.17

Flexjet-related litigation matters9

0.47

0.47

Adjusted earnings per share of common stock from continuing operations - diluted

$2.48 - $2.58

$9.70 - $9.80

1

For the three and twelve months ended December 31, 2025, expected earnings per share utilizes weighted average shares of approximately 639 million and 643 million, respectively.

2

For the three and twelve months ended December 31, 2025, expected acquisition-related intangibles amortization includes approximately $130 million and $460 million, net of tax benefit of approximately $35 million and $110 million, respectively.

3

For the three and twelve months ended December 31, 2025, the expected adjustment for acquisition-related costs, which is principally comprised of third-party transaction and integration costs and acquisition-related fair value adjustments to inventory, is approximately $15 million and $35 million, net of tax benefit of approximately $5 million and $10 million, respectively.

4

For the twelve months ended December 31, 2025, the expected impairment charge of assets held for sale is $15 million, without tax benefit.

5

For the twelve months ended December 31, 2025, the expected adjustment for loss on sale of the personal protective equipment business is $28 million, net of tax benefit of $2 million.

6

For the twelve months ended December 31, 2025, the expected gain related to the Resideo indemnification and reimbursement agreement termination is $802 million, without tax expense.

7

In the three months ended September 30, 2025, the Company enhanced its process for estimating environmental liabilities at sites undergoing active remediation, which led to earlier recognition of the estimated probable liabilities and an increase to estimated environmental liabilities. For the twelve months ended December 31, 2025, the expected adjustment is $161 million, net of tax benefit of $50 million.

8

For the twelve months ended December 31, 2025, the expected adjustment for loss on expected settlement of divestiture of asbestos liabilities is $112 million, net of tax benefit of $36 million.

9

For the three and twelve months ended December 31, 2025, the expected charge for the Flexjet-related litigation matters is approximately $300 million, net of tax benefit of $70 million. Management considers the nature and significance of these litigation matters to be unusual and not indicative of the Company's ongoing performance.

We define adjusted earnings per share as diluted earnings per share from continuing operations adjusted to exclude various charges as listed above. We believe adjusted earnings per share is a measure that is useful to investors and management in understanding our ongoing operations and in analysis of ongoing operating trends. For forward-looking information, management cannot reliably predict or estimate, without unreasonable effort, the pension mark-to-market expense or the divestiture-related costs. The pension mark-to-market expense is dependent on macroeconomic factors, such as interest rates and the return generated on invested pension plan assets. The divestiture-related costs are subject to detailed development and execution of separation restructuring plans for the announced separation of Automation and Aerospace Technologies. We therefore do not include an estimate for the pension mark-to-market expense or divestiture-related costs. Based on economic and industry conditions, future developments, and other relevant factors, these assumptions are subject to change.

Acquisition amortization and acquisition- and divestiture-related costs are significantly impacted by the timing, size, and number of acquisitions or divestitures we complete and are not on a predictable cycle and we make no comment as to when or whether any future acquisitions or divestitures may occur. We believe excluding these costs provides investors with a more meaningful comparison of operating performance over time and with both acquisitive and other peer companies.

Honeywell International Inc.

Reconciliation of Expected Cash Provided by Operating Activities to Expected Free Cash Flow

(Unaudited)

(Dollars in billions)

Twelve Months Ended

December 31, 2025 (E)

Cash provided by operating activities from continuing operations

~$5.9 - $6.3

Capital expenditures

~(1.0)

Spin-off and separation-related cost payments

~0.1

Resideo indemnification and reimbursement agreement termination payment

~(1.6)

Impact of expected settlement of divestiture of asbestos liabilities

~1.4

Free cash flow from continuing operations

~$4.8 - $5.2

We define free cash flow as cash provided by operating activities from continuing operations less cash for capital expenditures and excluding spin-off and separation-related cost payments, the Resideo indemnification and reimbursement agreement termination payment, and the cash payment for settlement of divestiture of asbestos liabilities.

We believe that free cash flow is a non-GAAP measure that is useful to investors and management as a measure of cash generated by operations that will be used to repay scheduled debt maturities and can be used to invest in future growth through new business development activities or acquisitions, pay dividends, repurchase stock, or repay debt obligations prior to their maturities. This measure can also be used to evaluate our ability to generate cash flow from operations and the impact that this cash flow has on our liquidity.

Contacts:

Media

Investor Relations

Stacey Jones

Sean Meakim

(980) 378-6258

(704) 627-6200

[email protected]

[email protected]

SOURCE Honeywell

, /PRNewswire/ -- Brand Engagement Network, Inc. (Nasdaq: BNAI) ("BEN" or the "Company"), a developer of secure and governed multimodal artificial intelligence solutions for regulated industries, today announced that it reduced outstanding liabilities by approximately $2.5 million during the fourth quarter of 2025 through a series of debt-to-equity conversions, negotiated settlements, and payments.

On December 20, 2025, several long-term investors entered into conversion agreements with the Company, converting an aggregate of $1,250,004 of debt and other liabilities into equity at a conversion price of $2.10 per share. The conversions included $899,934 in loans and $350,070 in short-term liabilities.

As previously announced on December 18, 2025, the Company completed the conversion of $504,684 of affiliate debt into equity at a conversion price of $2.10 per share.

In addition to these debt-to-equity conversions, the Company executed other liability-reduction initiatives during the quarter, including a $250,010 reduction in accounts payable and the satisfaction of vendor-related obligations totaling approximately $487,306.

Collectively, these actions reduced the Company's outstanding liabilities by approximately $2,492,004 during the fourth quarter of 2025. The Company believes these actions further strengthen its capital structure and support long-term operational and strategic flexibility.

Additional information regarding these transactions is included in a Current Report on Form 8-K filed with the U.S. Securities and Exchange Commission.

About Brand Engagement Network, Inc.
Brand Engagement Network, Inc. (BEN) (Nasdaq: BNAI) develops secure, governed multimodal artificial intelligence solutions designed for regulated industries. The Company's technology enables intelligent, compliant engagement across conversational AI, voice, avatar, and digital interfaces, supporting enterprise requirements for trust, governance, and scalability. Visit www.brandengagementnetwork.com.

Forward-Looking Statements 
Certain statements in this communication constitute "forward-looking statements" within the meaning of the federal securities laws, including statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements reflect management's current expectations, assumptions, and beliefs regarding future events and are subject to risks, uncertainties, and changes in circumstances that could cause actual results to differ materially from those expressed or implied. Such risks and uncertainties include, but are not limited to, those described in Part I, Item 1A (Risk Factors) of the Company's Annual Report on Form 10-K for the year ended December 31, 2024, and in other filings made by the Company with the Securities and Exchange Commission. Forward-looking statements speak only as of the date made, and the Company undertakes no obligation to update them except as required by law.

SOURCE Brand Engagement Network, Inc. (BEN)

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The share price of Chinese electric vehicle (EV) maker Nio (NIO +1.22%) has fallen to $4.95, more than 35% off its 2025 high and less than $2 away from its all-time lows.

Given how quickly the automaker has been growing its sales, it might seem like a no-brainer buy at the current stock price. But there are three big risks ahead for Nio. Investors should consider them carefully before buying the stock, even at this discounted price.

Image source: Getty Images.

Risk No. 1: Profitability remains elusive for Nio
Nio's revenue has been soaring as its sales have grown by impressive double-digit percentages. In November, the company made 36,275 vehicle deliveries, a year-over-year increase of 76.3%. That's not far off from its record-setting October deliveries of 40,397 vehicles, a 92.6% year-over-year increase.

Despite these record delivery numbers and impressive year-over-year growth, Nio isn't profitable. In fact, the more vehicles it sells, the worse its profitability numbers seem to get. After posting a net loss of $813.6 million in 2021, its net losses grew to $1.6 billion in 2022, $2.2 billion in 2023, and $3 billion in 2024, all while its revenue soared from $5.6 billion to $9.1 billion.

However, the company might be turning things around. Its quarterly net losses shrank sequentially over the last three periods, and management reportedly aims to make the fourth quarter the first-ever profitable quarter. If it succeeds, shares will likely rise; if not, they are likely to fall further.

Even if Nio manages to eke out a single profitable quarter, competition in the Chinese EV market is continuing to heat up, so maintaining that profitability may get even more difficult as time goes on.

Risk No. 2: Vanishing incentives
The Chinese government pulled out all the stops to help jump-start the country's electric car industry, offering substantial purchase subsidies for EVs through 2022 and currently offering full tax exemptions for purchasing a vehicle. However, those exemptions are gradually being phased out, starting next month.

Instead of offering a tax exemption on the full purchase price of an EV up to RMB 30,000 (about $4,260), the government will only offer a 50% exemption worth up to about $2,130 in 2026 and 2027. After that, the exemptions are set to expire.

Here in the U.S., we saw the impact that the removal of tax incentives could have on EV sales when the $7,500 tax credits were phased out at the end of September, and EV sales plummeted in October and November. The same thing could easily happen to Nio's sales in 2026, which could have a big impact on its revenue and its share price.

That said, Nio has deliberately targeted the lower-end EV market by offering several less-expensive vehicles and its signature battery swap program, which reduces the purchase price of a vehicle even further. Thus, the reduced tax incentives are likely to go further when buying a Nio, which might improve its competitive standing relative to other Chinese automakers. But there's no guarantee that even an improved competitive standing will be enough to offset a likely drop in overall purchases.

Today's Change

(

1.22

%) $

0.06

Current Price

$

4.99

Risk No. 3: Trade barriers
Part of the growth thesis for Nio is its aggressive international expansion efforts. While the vast majority of its cars are sold in China, it has already launched sales and service networks in five European countries and is planning to expand into seven more.

However, in late 2024, the E.U. implemented stiff tariffs on Chinese EVs, calling them "unfairly subsidized." These tariffs, which range from 17% to 35.3%, are a huge barrier for all Chinese EV makers that sell in Europe, but are especially problematic for a carmaker like Nio, which leans heavily on affordability. The tariffs aren't set to expire for five years, which throws the EV maker's European strategy into doubt.

Is Nio stock worth a look?
Given how risky Nio looks right now, it's no wonder it's trading at less than $5, which translates to just 1.1 times trailing sales.

While it's possible that Nio will manage to turn in a profitable fourth quarter and then navigate the competitive landscape and the vanishing tax incentives in the Chinese EV market to maintain that profitability, there's a lot that could go wrong. Investors should be aware of the risks and should only put money they can afford to lose into this speculative stock.

, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Inspire Medical Systems, Inc. ("Inspire" or "the Company") (NYSE: INSP) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company's securities between August 6, 2024 and August 4, 2025, inclusive (the "Class Period"), are encouraged to contact the firm before January 5, 2026.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Inspire repeatedly assured investors that it was fully prepared for every aspect of the Inspire V launch, touting high demand in the market. In truth, the Company's Inspire V launch was disastrous and was met with weak demand. The Company ignored basic steps that help ensure the quick adoption of new devices by clinicians. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Inspire, investors suffered damages.

Join the case to recover your losses

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

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

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]

SOURCE The Schall Law Firm

About Jamie Ashcroft
Jamie Ashcroft, the News Editor for Proactive UK, has developed an impressive career in financial journalism, focusing on the small-cap sector for over fourteen years. Before joining the Proactive team, he was a stockbroker during the global financial crisis, a role that complemented his educational background - a first-class degree in Business and Economics and qualifications in software design and development.
As one of the early external hires at Proactive in 2009, Jamie contributed... Read more

About the publisher
Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists.

Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth.

We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors.

The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies.

Use of technology
Proactive has always been a forward looking and enthusiastic technology adopter.

Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows.

Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation.

, /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Synopsys, Inc. ("Synopsys " or "the Company") (NASDAQ: SNPS) violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Shareholders who purchased shares of SNPS during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.

CLASS PERIOD: December 4, 2024 to September 9, 2025

DEADLINE: December 30, 2025

CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Synopsys increased its focus on artificial intelligence customers at the expense of its Design IP Business. Based on the Company's focus on AI, "certain road map and resource decisions" were not likely to "yield their intended results." Based on these facts, Synopsys' public statements were false and materially misleading throughout the class period.

If you are a shareholder who suffered a loss, contact us to participate .

NEXT STEPS FOR SHAREHOLDERS : Once you register as a shareholder who purchased shares during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. There is no cost or obligation to you to participate in this case.

WHY DJS LAW GROUP?  DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.

Join the case to recover your losses.

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

CONTACT:

David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: [email protected]

SOURCE DJS Law Group LLP

Stock futures rose across the board in the U.S. as the tech-led rally continued into the holiday-shortened trading week.

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

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

SANTA CLARA, Calif., Dec. 22, 2025 (GLOBE NEWSWIRE) -- Ambarella, Inc. (NASDAQ: AMBA), an edge AI semiconductor company, today announced in advance of CES its reaffirmed commitment to advancing the drone market with high-performance, low-power system-on-chips (SoCs) that combine industry-leading video processing with on-device artificial intelligence (AI). As drones evolve from “flying cameras” to intelligent robotic platforms with higher autonomy, Ambarella is investing in technologies that help drone makers deliver higher image quality, lower latency decision-making, and more autonomous capabilities without relying on constant cloud connectivity.

A History Rooted in Aerial Imaging
Ambarella has a long-standing heritage in video compression and image signal processing that helped define modern aerial imaging. Over the past decade, the company’s SoCs have been widely adopted across camera-centric form factors, including products that demand stabilized, high-resolution video, efficient power consumption and consistent performance in dynamic lighting conditions. This foundation in imaging has positioned Ambarella to support the next wave of drone innovation, where video quality and on-device AI compute intelligence increasingly converge.

Edge AI is Becoming Central to Drones and Ambarella is Positioned to Win
Across the industry, drones are rapidly incorporating AI “on the edge” inside these edge-endpoint devices to reduce latency, improve reliability, enhance safety and enable real-time understanding of the environment. By running AI locally on the drone, manufacturers can deliver capabilities such as intelligent subject tracking, obstacle awareness, scene understanding and event detection while minimizing backhaul bandwidth and supporting operation in connectivity-challenged environments.

Ambarella’s CVflow® AI architecture and large portfolio of its CV families of SoCs, now in their third generation, are designed to bring advanced computer vision and deep learning inference to power and thermally constrained devices like drones, pairing AI acceleration with robust imaging pipelines to help OEMs build more capable airborne systems.

“Drones are quickly transforming into intelligent edge aerial robots, capturing, processing and understanding the world in real time,” said Fermi Wang, President and CEO of Ambarella. “Ambarella’s heritage in high-quality imaging, combined with our CVflow AI roadmap, enables drone makers to push more autonomy and more insight onto the drone itself, where every millisecond and every milliwatt matters.”

Commercial, Consumer and Prosumer Drone Use Cases Rising and Ambarella is Expanding its Focus
As regulations mature and organizations seek safer, faster and more cost-effective workflows, commercial, consumer and prosumer drone deployments continue to broaden. Applications such as infrastructure inspection, construction and surveying, precision agriculture, energy and utilities, public safety, and industrial site monitoring are driving demand for smarter sensing and actionable intelligence at the point of capture. Ambarella is actively exploring and expanding several engagements across these segments where customers increasingly value edge AI for real-time detection, classification, central domain control and decision support, alongside premium imaging for recording video to document 360 views of the flight path, as well as taking photos.

Antigravity Deploys Ambarella CV5 in Antigravity A1 – World’s First 360 Drone¹.
As a recent example of next-generation drone innovation, Antigravity is leveraging Ambarella’s CV5 AI SoC for 8K imaging, as well as this SoC’s internal CVflow AI accelerator to do on-device inferencing, highlighting how advanced video processing and on-device intelligence can be integrated in a modern aerial platform to deliver a differentiated user experience.

“The Antigravity A1 reflects our ambition to push drone imaging forward, capturing more detail, more reliably, in more situations,” said Antigravity CEO Michael Shabun. “By leveraging Ambarella’s CV5 SoC for high-quality imaging with its integrated CVflow architecture for on-device AI acceleration and inferencing, we can deliver intelligent capabilities at the edge while staying focused on efficiency and performance.”

Ambarella’s Drone-Forward Priorities
Ambarella’s ongoing drone innovation is centered on helping drone vendors deliver:

Cinematic, compute-driven imaging with advanced ISP capabilities for challenging real-world conditions.On-device AI for perception and real-time understanding with reduced latency and bandwidth dependence.L1 to L4 levels of autonomous robotics capabilities.Efficient AI performance-per-watt, to support longer flight time and compact designs with minimized thermal-management components.A scalable AI SoC roadmap that will drive higher levels of autonomy for drones in the future.
Demonstrations
Ambarella will be demonstrating the capabilities of its CV5 AI SoC by providing visitors with the opportunity to try the Antigravity A1 drone at its invitation-only exhibition during CES, which takes place in Las Vegas the week of January 5th. For more information or to schedule a demo tour, please contact your Ambarella representative or visit www.ambarella.com/products/aiot-industrial-robotics.

About Ambarella
Ambarella’s products are used in a wide variety of edge AI and human vision applications, including video security, advanced driver assistance systems (ADAS), electronic mirrors, telematics, driver/cabin monitoring, autonomous driving, edge infrastructure, drones and other robotics applications. Ambarella’s low-power systems-on-chip (SoCs) offer high-resolution video compression, advanced image and radar processing, and powerful deep neural network processing to enable intelligent perception, sensor fusion and planning. For more information, please visit www.ambarella.com.

Ambarella Contacts

Media contact: Muneyb Minhazuddin, [email protected], +1 408-400-1466Investor contact: Louis Gerhardy, [email protected], +1 408-636-2310Sales contact: https://www.ambarella.com/contact-us/
All brand names, product names, or trademarks belong to their respective holders. Ambarella reserves the right to alter product and service offerings, specifications, and pricing at any time without notice. © 2025 Ambarella. All rights reserved.

¹ The term "world's first" refers to the fact that, as of July 28, 2025, Antigravity has announced the market's first 8K all-in-one 360 drone. It captures high-quality 360 video directly without the need for an external 360 camera attachment. The drone features a built-in 360 camera, supports real-time data transmission, and allows users to adjust shooting parameters on the fly.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d1284de4-30d5-416f-ba65-2c7c4f6eaf3f

Antigravity A1
The world’s first 360 Drone from Antigravity built on Ambarella CV5

TORONTO, Dec. 22, 2025 (GLOBE NEWSWIRE) -- BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the estimated annual reinvested capital gains distributions for the iShares ETFs listed on the TSX or Cboe Canada for the 2025 tax year. Please note that these are estimated amounts only as of December 15, 2025 and could change if the iShares Funds experience subscriptions or redemptions prior to the ex-dividend date or due to other factors.

These estimates are for the annual non-cash capital gains distributions, which are typically reinvested in additional units of the respective funds at the year-end, and do not include estimates of ongoing monthly, quarterly, semi-annual, or annual cash distribution amounts. The additional units will be immediately consolidated with the previously outstanding units such that the number of outstanding units following the distribution will equal the number of units outstanding prior to the distribution.

BlackRock Canada expects to announce the final annual reinvested distribution amounts on or about December 29, 2025, for all funds. The record date for the 2025 annual distributions will be December 30, 2025, payable on January 5, 2026. The actual taxable amounts of reinvested and cash distributions for 2025, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc. or “CDS”) in early 2026. BlackRock Canada expects to announce the final monthly, quarterly, semi-annual, and annual cash distribution amounts, as applicable, for 2025, on or about December 29, 2025, for all funds.

Details regarding the “per unit” distribution amounts are as follows:

Fund NameFund
TickerEstimated Annual Reinvested Capital Gains Distribution
Per UnitiShares 1-10 Year Laddered Corporate Bond Index ETFCBH0.00000iShares 1-5 Year Laddered Corporate Bond Index ETFCBO0.00000iShares S&P/TSX Canadian Dividend Aristocrats Index ETFCDZ1.66653iShares Equal Weight Banc & Lifeco ETFCEW0.76061iShares Gold Bullion ETFCGL0.00000iShares Gold Bullion ETFCGL.C0.00000iShares Global Real Estate Index ETFCGR0.00000iShares International Fundamental Index ETFCIE1.08684iShares Global Infrastructure Index ETFCIF2.89527iShares Japan Fundamental Index ETF (CAD-Hedged)CJP2.71248iShares 1-5 Year Laddered Government Bond Index ETFCLF0.00000iShares 1-10 Year Laddered Government Bond Index ETFCLG0.00000iShares US Fundamental Index ETFCLU2.16977iShares US Fundamental Index ETFCLU.C2.78757iShares Premium Money Market ETF(2)CMR0.00600iShares Global Agriculture Index ETFCOW2.38368iShares S&P/TSX Canadian Preferred Share Index ETFCPD0.00000iShares Canadian Fundamental Index ETFCRQ1.11300iShares US Dividend Growers Index ETF (CAD-Hedged)CUD2.58536iShares Convertible Bond Index ETFCVD0.00000iShares Emerging Markets Fundamental Index ETFCWO1.02000iShares Global Water Index ETFCWW1.23519iShares Global Monthly Dividend Index ETF (CAD-Hedged)CYH0.18287iShares Canadian Financial Monthly Income ETFFIE0.31037iShares ESG Balanced ETF PortfolioGBAL1.07946iShares ESG Conservative Balanced ETF PortfolioGCNS0.67823iShares ESG Equity ETF PortfolioGEQT1.78369iShares ESG Growth ETF PortfolioGGRO1.66202iShares Bitcoin ETFIBIT0.28380iShares Bitcoin ETF(1)IBIT.U0.20402iShares Silver Bullion ETFSVR0.00000iShares Silver Bullion ETFSVR.C0.00000iShares U.S. Aerospace & Defense Index ETFXAD1.16006iShares U.S. Aggregate Bond Index ETFXAGG0.21558iShares U.S. Aggregate Bond Index ETF(1)XAGG.U0.15613iShares U.S. Aggregate Bond Index ETF (CAD-Hedged)XAGH0.00000iShares Core MSCI All Country World ex Canada Index ETFXAW0.41894iShares Core MSCI All Country World ex Canada Index ETF(1)XAW.U0.30933iShares Core Balanced ETF PortfolioXBAL0.46947iShares Core Canadian Universe Bond Index ETFXBB0.00000iShares S&P/TSX Global Base Metals Index ETFXBM0.00000iShares Core Canadian Corporate Bond Index ETFXCB0.00000iShares ESG Advanced Canadian Corporate Bond Index ETFXCBG0.00000iShares U.S. IG Corporate Bond Index ETFXCBU0.00000iShares U.S. IG Corporate Bond Index ETF(1)XCBU.U0.00000iShares S&P Global Consumer Discretionary Index ETF (CAD-Hedged)XCD0.00000iShares Canadian Growth Index ETFXCG5.22120iShares China Index ETFXCH0.00000iShares Semiconductor Index ETFXCHP0.00000iShares Global Clean Energy Index ETFXCLN0.49921iShares Core Conservative Balanced ETF PortfolioXCNS0.21075iShares S&P/TSX SmallCap Index ETFXCS1.27446iShares ESG Advanced MSCI Canada Index ETFXCSR2.72150iShares Canadian Value Index ETFXCV1.61517iShares Core MSCI Global Quality Dividend Index ETFXDG0.39473iShares Core MSCI Global Quality Dividend Index ETF(1)XDG.U0.28849iShares Core MSCI Global Quality Dividend Index ETF (CAD-Hedged)XDGH0.00000iShares Core MSCI Canadian Quality Dividend Index ETFXDIV0.86478iShares Genomics Immunology and Healthcare Index ETFXDNA0.00000iShares Global Electric and Autonomous Vehicles Index ETFXDRV0.00000iShares ESG Advanced MSCI EAFE Index ETFXDSR0.50778iShares Core MSCI US Quality Dividend Index ETFXDU1.22853iShares Core MSCI US Quality Dividend Index ETF(1)XDU.U0.89393iShares Core MSCI US Quality Dividend Index ETF (CAD-Hedged)XDUH0.59442iShares Canadian Select Dividend Index ETFXDV1.40026iShares J.P. Morgan USD Emerging Markets Bond Index ETF (CAD-Hedged)XEB0.00000iShares Core MSCI Emerging Markets IMI Index ETFXEC0.00000iShares Core MSCI Emerging Markets IMI Index ETF(1)XEC.U0.00000iShares Core MSCI EAFE IMI Index ETFXEF0.33452iShares Core MSCI EAFE IMI Index ETF(1)XEF.U0.24420iShares S&P/TSX Capped Energy Index ETFXEG0.00000iShares MSCI Europe IMI Index ETF (CAD-Hedged)XEH0.00000iShares S&P/TSX Composite High Dividend Index ETFXEI0.65403iShares MSCI Emerging Markets Index ETFXEM0.00000iShares MSCI Emerging Markets ex China Index ETFXEMC0.00000iShares Jantzi Social Index ETFXEN0.00000iShares Core Equity ETF PortfolioXEQT0.32711iShares ESG Aware MSCI Canada Index ETFXESG1.19105iShares S&P/TSX Energy Transition Materials Index ETFXETM0.00000iShares MSCI Europe IMI Index ETFXEU0.00000iShares Exponential Technologies Index ETFXEXP3.56592iShares Core MSCI EAFE IMI Index ETF (CAD-Hedged)XFH0.00000iShares Core Canadian 15+ Year Federal Bond Index ETFXFLB0.00000iShares Flexible Monthly Income ETFXFLI0.00000iShares Flexible Monthly Income ETF(1)XFLI.U0.00000iShares Flexible Monthly Income ETF (CAD-Hedged)XFLX0.00000iShares S&P/TSX Capped Financials Index ETFXFN0.00000iShares Floating Rate Index ETFXFR0.00000iShares Core Canadian Government Bond Index ETFXGB0.00000iShares S&P/TSX Global Gold Index ETFXGD0.00000iShares Global Government Bond Index ETF (CAD-Hedged)XGGB0.00000iShares S&P Global Industrials Index ETF (CAD-Hedged)XGI0.00000iShares Core Growth ETF PortfolioXGRO0.44033iShares Cybersecurity and Tech Index ETFXHAK2.91694iShares Canadian HYBrid Corporate Bond Index ETFXHB0.00000iShares Global Healthcare Index ETF (CAD-Hedged)XHC0.00000iShares U.S. High Dividend Equity Index ETF (CAD-Hedged)XHD1.87355iShares U.S. High Dividend Equity Index ETFXHU2.25218iShares U.S. High Yield Bond Index ETF (CAD-Hedged)XHY0.00000iShares Core S&P/TSX Capped Composite Index ETFXIC0.00000iShares India Index ETFXID0.39708iShares U.S. IG Corporate Bond Index ETF (CAD-Hedged)XIG0.00000iShares 1-5 Year U.S. IG Corporate Bond Index ETF (CAD-Hedged)XIGS0.00000iShares MSCI EAFE® Index ETF (CAD-Hedged)XIN0.00000iShares Core Income Balanced ETF PortfolioXINC0.00000iShares S&P/TSX Capped Information Technology Index ETFXIT3.45109iShares S&P/TSX 60 Index ETFXIU0.00000iShares Core Canadian Long Term Bond Index ETFXLB0.00000iShares S&P/TSX Capped Materials Index ETFXMA0.00000iShares S&P U.S. Mid-Cap Index ETFXMC0.00000iShares S&P U.S. Mid-Cap Index ETF(1)XMC.U0.00000iShares S&P/TSX Completion Index ETFXMD0.00000iShares S&P U.S. Mid-Cap Index ETF (CAD-Hedged)XMH0.00000iShares MSCI Min Vol EAFE Index ETFXMI0.00000iShares MSCI Min Vol EAFE Index ETF (CAD-Hedged)XML0.00000iShares MSCI Min Vol Emerging Markets Index ETFXMM0.00000iShares MSCI Min Vol USA Index ETF (CAD-Hedged)XMS0.88682iShares MSCI USA Momentum Factor Index ETFXMTM0.92366iShares MSCI Min Vol USA Index ETFXMU2.82177iShares MSCI Min Vol USA Index ETF(1)XMU.U2.05881iShares MSCI Min Vol Canada Index ETFXMV2.12711iShares MSCI Min Vol Global Index ETFXMW0.37734iShares MSCI Min Vol Global Index ETF (CAD-Hedged)XMY0.00000iShares S&P/TSX North American Preferred Stock Index ETF (CAD-Hedged)XPF0.00000iShares High Quality Canadian Bond Index ETFXQB0.00000iShares MSCI USA Quality Factor Index ETFXQLT0.00000iShares NASDAQ 100 Index ETF (CAD-Hedged)XQQ1.35769iShares NASDAQ 100 Index ETFXQQU0.00000iShares NASDAQ 100 Index ETF(1)XQQU.U0.00000iShares Canadian Real Return Bond Index ETFXRB0.00000iShares S&P/TSX Capped REIT Index ETFXRE0.00000iShares ESG Aware Canadian Aggregate Bond Index ETFXSAB0.00000iShares Core Canadian Short Term Bond Index ETFXSB0.00000iShares Conservative Short Term Strategic Fixed Income ETFXSC0.00000iShares Conservative Strategic Fixed Income ETFXSE0.00000iShares ESG Aware MSCI EAFE Index ETFXSEA0.70078iShares ESG Aware MSCI Emerging Markets Index ETFXSEM0.54309iShares Core Canadian Short Term Corporate Bond Index ETFXSH0.00000iShares ESG Advanced 1-5 Year Canadian Corporate Bond Index ETFXSHG0.00000iShares 1-5 Year U.S. IG Corporate Bond Index ETFXSHU0.32222iShares 1-5 Year U.S. IG Corporate Bond Index ETF(1)XSHU.U0.23082iShares Short Term Strategic Fixed Income ETFXSI0.00000iShares Core Canadian Short-Mid Term Universe Bond Index ETFXSMB0.00000iShares S&P U.S. Small-Cap Index ETFXSMC0.00000iShares S&P U.S. Small-Cap Index ETF (CAD-Hedged)XSMH0.00000iShares Core S&P 500 Index ETF (CAD-Hedged)XSP0.00000iShares S&P 500 3% Capped Index ETF (CAD-Hedged)XSPC0.00000iShares S&P/TSX Capped Consumer Staples Index ETFXST0.74912iShares ESG Aware Canadian Short Term Bond Index ETFXSTB0.00000iShares 0-5 Year TIPS Bond Index ETF (CAD-Hedged)XSTH0.00000iShares 0-5 Year TIPS Bond Index ETFXSTP0.16596iShares 0-5 Year TIPS Bond Index ETF(1)XSTP.U0.11954iShares U.S. Small Cap Index ETF (CAD-Hedged)XSU0.00000iShares ESG Aware MSCI USA Index ETFXSUS0.72009iShares 20+ Year U.S. Treasury Bond Index ETF (CAD-Hedged)XTLH0.00000iShares 20+ Year U.S. Treasury Bond Index ETFXTLT0.19366iShares 20+ Year U.S. Treasury Bond Index ETF(1)XTLT.U0.14613iShares Core S&P Total U.S. Stock Market Index ETF (CAD-Hedged)XTOH0.00000iShares Core S&P Total U.S. Stock Market Index ETFXTOT0.00000iShares Core S&P Total U.S. Stock Market Index ETF(1)XTOT.U0.00000iShares Diversified Monthly Income ETFXTR0.36871iShares Core S&P U.S. Total Market Index ETF (CAD-Hedged)XUH0.00000iShares Core S&P 500 Index ETFXUS0.00000iShares Core S&P 500 Index ETF(1)XUS.U0.00000iShares S&P 500 3% Capped Index ETFXUSC0.00000iShares S&P 500 3% Capped Index ETF(1)XUSC.U0.00000iShares S&P U.S. Financials Index ETFXUSF0.00000iShares ESG Advanced MSCI USA Index ETFXUSR2.28403iShares S&P/TSX Capped Utilities Index ETFXUT1.13042iShares Core S&P U.S. Total Market Index ETFXUU0.00000iShares Core S&P U.S. Total Market Index ETF(1)XUU.U0.00000iShares MSCI USA Value Factor Index ETFXVLU0.00000iShares MSCI World Index ETFXWD0.00000    (1) Distribution per unit amounts are in U.S. dollars for IBIT.U, XAGG.U, XAW.U, XCBU.U, XDG.U, XDU.U, XEC.U, XEF.U, XFLI.U, XMC.U, XMU.U, XQQU.U, XSHU.U, XSTP.U, XTLT.U, XTOT.U, XUS.U, XUSC.U, and XUU.U.

(2) For iShares Premium Money Market ETF (CMR), the distribution amount may include an income component.

Further information on the iShares ETFs can be found at http://www.blackrock.com/ca.

Forward-looking information

This notice contains forward-looking statements with respect to the annual reinvested capital gains distributions for the iShares ETFs. By their nature, these forward-looking statements involve risks and uncertainties that could cause the actual distributions to differ materially from the estimated distributions set forth in this notice. Factors that could cause the actual distributions to differ from the estimated distributions include, but are not limited to, the actual amounts of distributions received by the iShares ETFs, portfolio transactions, currency hedging transactions, and subscription and redemption activity.

About BlackRock
BlackRock’s purpose is to help more and more people experience financial well-being. As a fiduciary to investors and a leading provider of financial technology, we help millions of people build savings that serve them throughout their lives by making investing easier and more affordable. For additional information on BlackRock, please visit www.blackrock.com/corporate.

About iShares ETFs
iShares unlocks opportunity across markets to meet the evolving needs of investors. With more than twenty years of experience, a global line-up of approximately 1,700 exchange traded funds (ETFs) and approximately US$5.2 trillion in assets under management as of September 30, 2025, iShares continues to drive progress for the financial industry. iShares funds are powered by the expert portfolio and risk management of BlackRock.

iShares® ETFs are managed by BlackRock Canada.

Commissions, trailing commissions, management fees and expenses all may be associated with investing in iShares ETFs. Please read the relevant prospectus before investing. The funds are not guaranteed, their values change frequently and past performance may not be repeated. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. 

Standard & Poor’s® and S&P® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”). Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). TSX is a registered trademark of TSX Inc. (“TSX”). All of the foregoing trademarks have been licensed to S&P Dow Jones Indices LLC and sublicensed for certain purposes to BlackRock Fund Advisors (“BFA”), which in turn has sub-licensed these marks to its affiliate, BlackRock Asset Management Canada Limited (“BlackRock Canada”), on behalf of the applicable fund(s). The index is a product of S&P Dow Jones Indices LLC, and has been licensed for use by BFA and by extension, BlackRock Canada and the applicable fund(s). The funds are not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P, any of their respective affiliates (collectively known as “S&P Dow Jones Indices”) or TSX, or any of their respective affiliates. Neither S&P Dow Jones Indices nor TSX make any representations regarding the advisability of investing in such funds.

MSCI is a trademark of MSCI, Inc. (“MSCI”). The ETF is permitted to use the MSCI mark pursuant to a license agreement between MSCI and BlackRock Institutional Trust Company, N.A., relating to, among other things, the license granted to BlackRock Institutional Trust Company, N.A. to use the Index. BlackRock Institutional Trust Company, N.A. has sublicensed the use of this trademark to BlackRock. The ETF is not sponsored, endorsed, sold or promoted by MSCI and MSCI makes no representation, condition or warranty regarding the advisability of investing in the ETF.

Contact for Media:
Sydney Punchard
Email: [email protected]

HomeStock IdeasQuick Picks & Lists

SummaryThe S&P 500 experienced sharp swings in 2025 due to shifts in trade policy, AI speculation, and rate cuts, while corporate profits remained resilient.Broader AI adoption and steady economic growth are expected to drive double-digit earnings growth in the S&P 500 in 2026.Tech is expected to dominate earnings growth again next year, but more sectors are projected to contribute.Heading into the New Year, I selected five Strong Buy stocks with high earnings growth expectations and heavy analyst coverage, spanning the materials, energy, tech, financials, and healthcare sectors.I am Steven Cress, Head of Quantitative Strategies at Seeking Alpha. I manage the quant ratings and factor grades on stocks and ETFs in Seeking Alpha Premium. I also lead Alpha Picks, which selects the two most attractive stocks to buy each month, and also determines when to sell them. Thapana Onphalai/iStock via Getty Images

Registration is now open for our Top Stocks for 2026 event with Steven Cress, featuring his newest list of high-conviction picks designed to target long-term performance. Steve's previous Top Stocks lists have demonstrated an impressive track record, so

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

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

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

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

Alvin Lang
Dec 22, 2025 09:06

Bitcoin Cash technical analysis points to $625 BCH price target within 3 weeks, with current momentum indicators supporting bullish continuation from $580 base.

BCH Price Prediction Summary
• BCH short-term target (1 week): $606 (+4.5%)
• Bitcoin Cash medium-term forecast (1 month): $580-$625 range

• Key level to break for bullish continuation: $600
• Critical support if bearish: $536 (SMA 200 confluence)

Recent Bitcoin Cash Price Predictions from Analysts
The analyst community shows remarkable consensus on Bitcoin Cash's near-term trajectory. This BCH price prediction analysis reveals that major forecasting platforms are aligned on upside potential, with CoinCodex projecting $606.58 by today's close, while MidForex's AI-driven model targets $590.93 as the average trading range.

Changelly's Bitcoin Cash forecast mirrors this optimism with a $602.94 target, creating a tight prediction cluster between $590-$607. MEXC News provides the broadest BCH price target range of $580-$625, suggesting 15-20% upside potential over the next three weeks. This convergence among independent analysts strengthens the bullish case, as contrarian views remain notably absent from recent predictions.

The consistency across multiple prediction models indicates institutional confidence in Bitcoin Cash's technical setup, particularly after the recent consolidation phase around $535.60 that established a solid foundation for the current rally.

BCH Technical Analysis: Setting Up for Bullish Breakout
Bitcoin Cash technical analysis reveals a compelling setup for continued upside momentum. Trading at $580, BCH sits comfortably above all major moving averages, with the SMA 7 ($578.14) and SMA 20 ($576.07) providing immediate support. The critical factor supporting our BCH price prediction is the decisive break above the SMA 50 ($538.59) and SMA 200 ($536.86), confirming the transition from bearish to bullish market structure.

The RSI reading of 53.32 positions Bitcoin Cash in the neutral zone with significant room for expansion before reaching overbought levels. This provides ammunition for the next leg higher without immediate momentum exhaustion concerns. The MACD histogram at 0.5129 confirms bullish momentum acceleration, while the MACD line ($11.43) trading well above the signal line ($10.92) suggests continued buying pressure.

Within the Bollinger Bands framework, BCH's position at 0.55 indicates healthy momentum without extreme overextension. The upper band at $615.67 represents the immediate technical resistance, aligning closely with analyst price targets around $606-$625.

Volume analysis from Binance shows $21.2 million in 24-hour trading, providing sufficient liquidity to support the forecasted price movements. The daily ATR of $36.53 suggests normal volatility levels, supporting controlled price appreciation rather than speculative spikes.

Bitcoin Cash Price Targets: Bull and Bear Scenarios
Bullish Case for BCH
Our primary Bitcoin Cash forecast targets $625 within the next 2-3 weeks, representing a 7.8% gain from current levels. This BCH price target aligns with the 52-week high at $624.90, creating a natural resistance zone that could trigger profit-taking.

The path to $625 requires a clean break above $600, which would activate the next wave of momentum buyers. Technical confluence suggests this level could be reached within 5-7 trading days, given the current momentum profile. A sustained move above $625 would open the door to the $650-$670 zone, though this falls outside our immediate forecast window.

Key bullish catalysts include maintaining support above the $576 SMA 20 level and RSI expansion above 60, which would confirm momentum acceleration. Volume expansion above $30 million daily would provide additional confirmation of institutional interest.

Bearish Risk for Bitcoin Cash
The primary risk to our bullish BCH price prediction centers on a breakdown below the critical $536 support zone, where the SMA 50 and SMA 200 converge. A decisive break of this level would invalidate the bullish structure and target the $500 psychological support.

Further downside risk extends to $482, representing the key support level identified in our technical framework. This scenario would require broader cryptocurrency market weakness and could materialize if Bitcoin experiences significant selling pressure.

Warning signals include RSI dropping below 45, MACD histogram turning negative, and daily volume spiking above $40 million on downward moves, indicating panic selling rather than healthy correction.

Should You Buy BCH Now? Entry Strategy
Current levels around $580 present a favorable risk-reward setup for those considering whether to buy or sell BCH. Our Bitcoin Cash technical analysis suggests scaling into positions between $575-$585, with the SMA 20 at $576 providing dynamic support.

For conservative traders, waiting for a pullback to the $570-$575 zone offers better entry positioning while maintaining exposure to the bullish thesis. Aggressive buyers can enter at market with stops placed below $565, representing a 2.6% risk for potential 7.8% upside to the primary BCH price target.

Position sizing should reflect the medium confidence level of this prediction, suggesting 2-3% portfolio allocation for most retail investors. Professional traders might consider 5-7% allocation given the favorable technical setup and analyst consensus.

Stop-loss placement below $536 provides the optimal balance between giving the trade room to work while protecting against structural breakdown. This level represents approximately 7.6% downside risk from current prices.

BCH Price Prediction Conclusion
Our comprehensive Bitcoin Cash forecast projects a high-probability move to $625 over the next 2-3 weeks, supported by bullish technical indicators and strong analyst consensus. The BCH price prediction carries medium confidence given the neutral RSI positioning and recent consolidation above key moving averages.

Critical indicators to monitor include the $600 breakout level for bullish confirmation and the $576 SMA 20 support for early warning of potential weakness. Volume expansion above current levels would strengthen conviction in the upside targets, while a break below $565 would warrant reassessment of the bullish thesis.

The timeline for this Bitcoin Cash forecast spans 15-21 trading days, with intermediate targets at $590 (1 week) and $606 (2 weeks) providing stepping stones toward the primary $625 objective. Success depends on broader cryptocurrency market stability and continued institutional interest in major altcoins.

Image source: Shutterstock

bch price analysis
bch price prediction

The majority of the Uniswap community has voted in favor of “UNIfication,” a governance proposal that will reshape the protocol’s tokenomics and introduce a new system for burning UNI tokens using revenue collected from trading fees.

Summary

Over 69 million UNI votes have backed the UNIfication proposal.
A two-day time lock will follow before protocol fees are activated and automated UNI burns begin.
100 million UNI tokens will be burnt from the protocol’s treasury. 

As of presstime, the proposal has over 69 million votes in favor of the sweeping tokenomics overhaul, much higher than the 40 million vote threshold that was required for the measure to pass. The Uniswap community had been eagerly anticipating the vote, and the quorum was met less than three days after voting opened on Dec. 20. The process is set to close on Dec. 25.

With such a strong majority in favor, the proposal is expected to go live after a mandatory two-day timelock period, following which the protocol fee switch would be enabled on the Unichain mainnet and subsequently rolled out across supported pools.

At its core, the UNIfication proposal aims to tighten UNI’s long-term supply by setting up an automated system that uses protocol earnings to regularly buy back and burn tokens.

A total of 100 million UNI from the treasury would be removed from circulation to account for the tokens that “would have been burned if fees were on from the beginning,” the proposal notes.

At the same time, the proposal would roll out a new incentive system called Protocol Fee Discount Auctions, which is expected to help liquidity providers earn more from their trades.

The proposal will also introduce several structural changes by transferring the responsibilities of the Uniswap Foundation to Uniswap Labs. Furthermore, a growth budget of 20 million UNI per year will be established to support development, integrations, and partnerships.

UNI price rallies
UNI price has risen over 25% since voting for the UNification proposal opened earlier this week.

As previously reported by crypto.news, retail buying activity, as well as increased demand from large token holders, has helped support the recent price gains.

However, the token faced some headwinds over the past few days in response to the ongoing crypto market downturn that has seen leading cryptocurrencies plunge below key levels. When writing, UNI was trading at $6.17 according to CoinGecko, down 1.3% in the past 24 hours.

Hyperliquid Labs has firmly denied insider trading allegations after on-chain activity sparked community concern over a wallet shorting the HYPE token.

The clarification comes at a sensitive moment for the decentralized perpetuals exchange, just days before validators vote on a proposal that could permanently remove nearly $1 billion worth of HYPE from circulation.

Sponsored

Hyperliquid Addresses Wallet Allegations Ahead of Landmark HYPE Burn VoteThe controversy emerged after traders flagged a wallet believed to be linked to the Hyperliquid team that appeared to be shorting HYPE during recent unlock periods.

According to Hyperliquid, the address in question, 0x7ae4c156e542ff63bcb5e34f7808ebc376c41028, does not belong to any current employee or contractor.

The individual controlling the wallet was reportedly terminated in the first quarter of 2024, well before the token activity that triggered renewed scrutiny in December.

“Building a transparent financial future requires a foundational commitment to ethical conduct and legal clarity,” Hyperliquid Labs said. “All individuals associated with Hyperliquid Labs, including employees and contractors, are bound by strict ethical standards regarding the HYPE token.”

The statement outlined a comprehensive trading policy, including a full ban on derivatives trading involving HYPE by team members, whether short or long, and a zero-tolerance stance on insider trading.

Sponsored

“Integrity is non-negotiable at Hyperliquid Labs,” the team added. “Any violation of these policies is grounds for immediate termination and potential legal proceedings.”

Addressing the specific wallet directly, Hyperliquid said, “This individual is no longer associated with Hyperliquid Labs, and their actions do not reflect our team’s standards or values.”

The team framed the clarification as part of its responsibility to remain aligned with the long-term health of the ecosystem, particularly as HYPE’s market profile continues to expand.

Hyperliquid Discord Communication. Source: Hyperliquid Discord ChannelSponsored

Upcoming Validator Vote Could Permanently Burn $1 Billion in HYPE TokensThe timing is notable. Hyperliquid is simultaneously approaching a pivotal governance decision that could reshape its token economics.

The Hyper Foundation has proposed a validator vote to formally recognize all HYPE tokens accumulated by the Assistance Fund as burned. The vote concludes on December 24.

The Hyper Foundation is proposing a validator vote to formally recognize the Assistance Fund HYPE as burned, removing the tokens permanently from the circulating and total supply.

For context, the Assistance Fund converts trading fees to HYPE in a fully automated manner as part…

— Hyper Foundation (@HyperFND) December 17, 2025
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The Assistance Fund converts protocol trading fees into HYPE in an automated process and holds the tokens in a system address without a private key, making them inaccessible without a hard fork.

“$1 billion HYPE tokens could be burned. Hyperliquid wants validators to vote on burning nearly $1B in HYPE tokens from the Assistance Fund. The vote runs through December 24 and could remove over 10% of HYPE from circulating and total supply,” wrote analysts at Coin Bureau.

Supporters argue the proposal is consistent with Hyperliquid’s broader operating model. The protocol famously raised no venture capital, conducted a 31% airdrop at genesis, and has processed over $3.4 trillion in trading volume with a lean team of roughly 11 employees.

As the insider trading allegations collide with a landmark supply decision, the coming days may prove decisive for Hyperliquid’s credibility, governance reputation, and long-term positioning in the decentralized derivatives market.

XRP Price Today: Sitting on a Dangerous Line$XRP is currently trading in what can only be described as a high-risk technical zone. After a strong rally earlier in 2025, the XRP chart now shows a prolonged downtrend, with price compressing just above the $1.6–$1.8 support area.

XRP/USDT 1D - TradingView

This zone has acted as a temporary floor multiple times over recent weeks. However, repeated tests of the same support usually weaken it — and that’s exactly what the current structure suggests.

The market is no longer trending strongly; instead, XRP is drifting lower while volatility compresses, a classic setup for a decisive move.

The $1.8 Level: Broken, Reclaimed, But Losing StrengthThe attached charts clearly show that $1.8 has already been broken several times recently. Each time, those moves turned into fakeouts, with price quickly reclaiming the level and pushing back above it.

XRP/USDT 2H - TradingView

While that may look bullish at first glance, technically it tells a different story:

Buyers are still defending the zoneBut each bounce is weaker than the lastLower highs continue to form under descending resistanceThis is not accumulation — it’s distribution under pressure.

As long as XRP holds above $1.8 on daily closes, downside remains limited. But the margin for error is shrinking fast.

Why the $1.6 Zone Is the Real Line in the SandThe $1.6 area is far more critical than $1.8.

If XRP loses $1.6 with a confirmed daily close, the chart opens up aggressively to the downside. There is very little structural support below, which is why the risk accelerates quickly.

Based on historical price action and visible liquidity zones on the chart, the next downside targets would be:

$1.20 – prior consolidation and demand zone$1.00 – major psychological level$0.80 – last major structural support before the 2024 baseOnce below $1.6, XRP would likely enter a fast-moving bearish leg, not a slow grind.

Descending Trendline Pressure Is Still in ControlAnother key element visible on the chart is the descending trendline that has capped XRP’s price since its local top near $3.5.

Every meaningful bounce has been rejected at that trendline, reinforcing the bearish structure. Until XRP reclaims that diagonal resistance — ideally above $2.5–$2.7 — the broader trend remains downward biased.

Momentum indicators also reflect this uncertainty, with oscillators bouncing but failing to produce sustained trend reversals.

XRP/USD 1D - TradingView

Everything Now Depends on Crypto Market SentimentXRP is no longer trading in isolation. The broader crypto market’s behavior will likely decide whether this support holds or breaks.

Key sentiment drivers include:

Bitcoin holding or losing its major support zonesOverall market liquidity and risk appetiteAbsence of strong bullish catalysts for altcoinsIf the broader market stabilizes or turns higher, XRP could once again defend $1.8 and attempt a relief rally.
If sentiment deteriorates, $1.6 will not hold.

In weak markets, altcoins like XRP tend to break support faster and harder than Bitcoin.

Strategy founder Michael Saylor has predicted that Bitcoin (BTC) will reach $1 million per coin within a ten-year window. The billionaire backed the largest cryptocurrency to outperform gold by 10x  in the coming years to become the de facto safe-haven asset. 

Bitcoin On The Highway To $1 Million
Michael Saylor, founder of Strategy (formerly MicroStrategy), has doubled down on his prediction for Bitcoin, tipping the asset to have a meteoric ten-year run. According to Saylor, a BTC price of $1 million per coin is “inevitable,” forecasting the asset to reach the milestone in a decade.

Saylor shared his thoughts in a recent interview with Sky News following his keynote address at Bitcoin MENA 2025. Per Saylor, Bitcoin’s incoming meteoric run will see its market capitalization surge from $2 trillion to $20 trillion over a ten-year window, while backing the premier cryptocurrency to reach $200 trillion.

When quizzed on Bitcoin and gold, Saylor pitched his tent with the premier cryptocurrency. While conceding that gold will still be relevant in 20 years, Saylor noted that Bitcoin will emerge as the leading safe-haven asset.

“I expect Bitcoin to emerge as the dominant digital monetary network in the world, and it is the world’s reserve capital,” said Saylor. “I don’t think gold will do that. I think that Bitcoin will be 10X bigger than gold.”

Despite Saylor’s predictions, gold has outperformed Bitcoin in 2025, with the yellow metal up over 60% year-to-date. Meanwhile, Bitcoin is down by nearly 5% from its price at the start of 2025 after erasing its yearly gains in a steep correction in Q4.

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Unfazed by the asset’s short-term price performance, Saylor’s Strategy is on a Bitcoin buying spree. At press time, Strategy holds 671,268 BTC with the company ramping up its purchases in recent weeks, defying Bitcoin’s correction.

Bullish Predictions For BTC
Michael Saylor is not the only one forecasting bullish predictions for Bitcoin. Cardano founder Charles Hoskinson has also tipped BTC to reach $1 million in the near future, projecting a 250,000 projection by the end of 2026.

Ark Invest’s Cathie Wood is backing a Bitcoin valuation above $1 million by 2030, noting that the asset will ignore its traditional four-year cycle in the coming years. Amid the optimistic predictions, Schiff has issued grim warnings for Bitcoin’s price, while others are pointing to rising quantum computing risks as long-term concerns for the asset.

Midnight, Cardano’s privacy-focused token, hits a record high as major exchange listings boost volume, liquidity and trader interest despite ADA’s muted DeFi activity.

Summary

Midnight’s price and volume surged to a record high after new listings on Binance, Bybit and Kraken drove liquidity and narrowed spreads across order books.​
Technicals show a clean breakout above the four-hour trendline with support forming in a lower range, while leverage remains moderate and liquidation risk contained.​
On-chain data suggests capital rotating from Cardano DeFi into Midnight as investors bet on zero-knowledge privacy infrastructure tied to Charles Hoskinson’s ecosystem.

Midnight Token Reaches Record High as Exchange Listings Drive VolumeMidnight, a privacy-focused token linked to the Cardano blockchain, reached a record high as trading volume surged following listings on major cryptocurrency exchanges, according to market data.

Midnight price
The token rose sharply over a 24-hour period, with trading activity indicating participation from both retail and institutional traders, according to trading desk reports. The price reached its highest level since the token’s launch.

By trading volume, Midnight ranked as the fourth most traded cryptocurrency globally, surpassing several established tokens, according to exchange data. The figures reflected elevated capital turnover across multiple platforms.

Technical indicators showed the token breaking above the upper trendline on the four-hour chart, according to market analysts. While some profit-taking occurred at certain price levels, the overall price structure remained stable, with support established in a defined lower range as liquidity conditions improved following exchange listings.

Binance, Bybit, and Kraken recently introduced trading pairs for Midnight. Order book depth increased across trading venues and bid-ask spreads narrowed during high-volume sessions, facilitating price discovery, according to exchange data.

Midnight operates as Cardano’s first privacy-focused partner chain and utilizes zero-knowledge proofs for programmable data protection, according to the project’s documentation. The technology appeals to users seeking privacy solutions designed for regulatory compliance.

The token’s association with Cardano founder Charles Hoskinson contributed to investor interest, according to market observers. Cardano’s research-driven approach influenced sentiment and contributed to capital inflows despite short-term volatility.

The surge in Midnight contrasted with activity on Cardano’s main chain, where total value locked declined slightly in recent sessions, according to blockchain analytics. Market observers suggested liquidity may be rotating from Cardano decentralized finance applications into Midnight markets. Such divergence is common with new token listings, as early-stage assets often attract speculative inflows while established networks may lag temporarily, according to analysts.

On-chain data showed capital inflows remained positive for Midnight, with limited selling pressure, according to blockchain analytics providers. Derivatives data indicated moderate use of leverage, which reduced immediate liquidation risk in the event of a price pullback.

Midnight’s performance reflected growing interest in privacy infrastructure as regulatory pressure and debates around data protection have brought zero-knowledge solutions into focus, according to industry analysts.

Traders anticipate increased volatility around key resistance levels, according to market commentary. Sustained trading volume could support consolidation and further price gains, while aggressive profit-taking could trigger sharp pullbacks, analysts said.