Cardano's recent updates look unremarkable when read one by one: a ratified long-term vision, a stricter constitution, better governance indexing, a formal-verification push, and new treasury guardrails.
However, they point to a larger shift when taken together.
At the same time, Europe's MiCA regime is pushing crypto toward greater accountability, while Cardano is positioning itself as one of the most governable chains in the market.
The ecosystem is assembling rules that are harder to bend, treasury flows that are easier to monitor, governance data that are easier to index, and smart contracts that are easier to verify.
In a market still obsessed with growth, Cardano may be trying to win the race for credibility with enterprises, public institutions, and tokenized-asset projects that need visible controls.
The boring infrastructure crypto may need nextOver seven weeks, Cardano shipped a coordinated stack. On Jan. 21, DReps ratified the Cardano 2030 Vision with 67.8% approval, representing 3.77 billion ADA, framing the chain around “mission-critical applications.”
DateUpdateWhat changedWhy it mattersJan. 21Cardano 2030 Vision ratified67.8% approval, 3.77B ADAFrames chain around “mission-critical applications”Jan. 22–24Constitution ratified / took effectImmutable links, self-contained treasury withdrawalsStronger governance evidence trailJan. 2026Reeve audit attestationFinancial audit attested on-chainConcrete auditability hookFeb. 3Yaci Store 2.0Governance-state derivationGovernance becomes machine-readableFeb. 6Formal-verification toolEarly access announcedHigh-assurance development storyFeb.–Mar.Treasury guardrails / 2026 budget300M ADA proposed limit, milestone payments, compliance checksTreasury discipline and oversightOne day later, the updated constitution passed with roughly 79% support and took effect on Jan. 24, adding mandatory immutable links for off-chain documents and requiring treasury withdrawals to be self-contained.
That same month, the Cardano Foundation announced that a financial audit was cryptographically secured and attested directly on-chain using Reeve, describing it as a global first.
By Feb. 3, Yaci Store 2.0 added governance-state derivation, enabling applications to track proposals and calculate rewards directly. Three days later, the development team announced early access to an automated formal verification tool.
February brought treasury discipline into sharper focus. Intersect proposed a 300 million ADA net change limit through July 2027 as a constitutional guardrail required before future treasury movements.
The 2026 budget framework emphasizes vendor compliance checks, smart contract-based milestone payments, and transparent oversight.
Delivery Assurance staff audit milestones. A proposed multi-signature “stop-payment” authority could freeze disbursements if milestones are not met.
Read together, those moves look less like housekeeping and more like a bid to make Cardano easier for auditors, administrators, and regulated counterparties to reason about. Cardano is trying to turn proceduralism into a product.
Why legibility became a featureThe market backdrop now favors infrastructure that can survive supervision.
ESMA's guidance makes clear that MiCA creates uniform EU market rules for crypto assets, with transparency, disclosure, authorization, and supervision requirements.
Only authorized firms may provide crypto-asset services in the EU, with the reverse solicitation exemption narrowly construed.
That context makes Cardano's recent emphasis on immutable governance records, self-contained treasury withdrawals, milestone-gated disbursements, and verifiable reporting look strategic.
The chain is assembling features that fit a more compliance-heavy market and may make it easier for regulated actors to operate on or around the infrastructure.
There is also a real asset-side reason this matters. McKinsey's 2030 tokenization model centers on roughly $2 trillion in tokenized financial assets in the base case.
A chart compares current tokenized asset values to McKinsey's 2030 forecast, showing $2 trillion projected growth in tokenized financial assets.Current market data shows tokenization is no longer hypothetical: distributed RWA value stands at $26.54 billion, tokenized US Treasuries at $11 billion, and stablecoins at $313 billion.
Institutions are already choosing rails, and the next question is what properties those rails need.
Reeve provides the most concrete institutional hook. The Foundation describes it as a trust layer that anchors financial events to Cardano, creating immutable, independently verifiable evidence suitable for auditors, regulators, and stakeholders.
That moves “auditability” from aspiration to operating example.
Governance becoming machine-readable matters for similar reasons. Institutions need rules that can be queried, monitored, and reconciled by software. A chain whose governance state is easier to derive is easier to supervise and integrate.
The automatic formal verification tool reinforces the same theme: Cardano aims to make “high assurance” cheaper and more commonplace.
The bet behind the buildBitcoin won the first institutional phase by becoming an acceptable asset to hold. The next institutional phase concerns which chains become acceptable systems for running things.
For that second phase, the questions shift from custody and exposure to audit trails, administrative controls, and measurable governance. Cardano is trying to compete on those terms.
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The strategy becomes clearer when you look at what the ecosystem is trying to attract.
USDCx went live on the Cardano mainnet on Feb. 27. The Foundation's Spring 2026 accelerator cohort is explicitly RWA- and institutional-flavored: tokenized commodities, regulated digital asset issuance, climate-finance workflows, institutional staking and custody, and an asset-referenced token built with MiCA alignment in mind.
Those moves bridge governance rhetoric to real deployment questions. The old anti-Cardano argument was that it was too slow, too formal, too procedural. In a speculative cycle, those traits looked like drag. In a supervision-heavy cycle, they may look like prerequisites.
The real binary tension: fast chains optimize for experimentation, liquidity, and iteration speed.
Governable chains optimize for traceability, treasury discipline, and evident clarity. Crypto may be entering a phase where those two optimization functions diverge.
The market that could validate this thesis does not exist yetThis cannot read like a victory lap, because Cardano has not won the market that would validate the thesis.
A horizontal bar chart shows real-world asset distribution by blockchain, with Ethereum leading at $15.3 billion while Cardano ranks outside the top ten.RWA.xyz's Mar. 9 league table is led by Ethereum ($15.3 billion), BNB Chain ($2.6 billion), Liquid ($1.8 billion), Solana ($1.7 billion), and Stellar ($1.3 billion). Cardano does not appear in that top-10 snapshot.
The counterargument: auditability may be a good narrative, but liquidity, distribution, and existing institutional integrations still live elsewhere. Cardano may be building the right controls for the next phase and still fail to capture the flows if institutions decide they would rather add compliance wrappers to already dominant ecosystems.
There is also execution risk embedded in the governance model itself. The proposed treasury guardrails, milestone contracts, and stop-payment authorities are proposals, not proven workflows.
If the multi-stakeholder approval process becomes slow or contentious, the very controls designed to attract institutions could repel builders who need faster iteration cycles.
What decides the outcomeThe question is whether a more regulated crypto market will reward the things Cardano spent years building.
The evidence to watch: whether treasury withdrawals actually run through milestone smart contracts, whether Reeve expands beyond Foundation use cases, whether USDCx meaningfully improves on-chain dollar liquidity, and whether any of the accelerator cohort's institutional projects reach production scale.
If tokenization trends toward McKinsey's $4 trillion upside and MiCA-style supervision becomes a template rather than a regional exception, Cardano's recent stack reads as early positioning. If visible failures elsewhere make “governable infrastructure” more valuable, the brand could shift from “slow chain” to “high-assurance public infrastructure.”
The bear case: tokenization grows, but institutions mostly stay on Ethereum, private rails, or ecosystems that already dominate RWA distribution. Cardano's governance becomes admired but not monetized.
The real test will come when the next wave of regulated capital needs to choose among infrastructure options.
Cardano is betting that when compliance becomes non-negotiable, chains built to be legible from the start will beat chains retrofitting controls onto architectures designed for speed.
That bet has not paid off yet. But the pieces are now in place to find out whether it will.
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2026-03-10 14:261mo ago
2026-03-10 09:441mo ago
US prosecutors request new trial for Tornado Cash co-founder Roman Storm
U.S. prosecutors plan to pursue a retrial for Tornado Cash developer Roman Storm after a jury issued a mixed verdict in the previous trial. The case has gained attention because it has the potential to set the stage for the legal accountability of decentralized software developers. U.S. prosecutors are seeking a retrial for Roman Storm, the co-founder of the cryptocurrency mixing service Tornado Cash. This comes after a federal jury issued a mixed verdict in the previous trial. The case has received considerable attention in the cryptocurrency industry because it has the potential to set the stage for the legal accountability of decentralized software developers. Prosecutors in Manhattan are seeking a retrial for Roman Storm on two counts after the jury failed to reach a unanimous verdict in the previous trial.
The Letter For The Retrial Jay Clayton wrote to Katherine Polk Failla on Monday and asked her to arrange for a retrial of Roman Storm on charges of conspiracy to commit money laundering and conspiracy to violate sanctions. The government suggested the period between Oct. 5 and Oct. 12 for the trial, indicating that it could take around three weeks for the process to end. The letter indicated that the government was ready to retry the case as early as between March and May. However, Storm’s defense attorneys indicated to the prosecutors that they could only participate in the process as late as 2026.
During the earlier trial, the jurors found Storm guilty of conspiring to run an unlicensed money transmitting business in association with the crypto mixer known as Tornado Cash. However, the jury did not arrive at a unanimous decision regarding the money laundering charge and sanctions conspiracy charge, which means that these charges are eligible for retrial. Storm continues to stand by his plea of not guilty and had previously moved to dismiss the money transmitting charge. His legal representatives had argued that the prosecution failed to prove that he intended to help illicit actors use his platform. Clayton’s letter also stated that Storm’s legal representatives argued it was premature to seek a retrial until the court resolves the motion to dismiss, scheduled for argument in early April.
Crypto Industry Watches Legal Implications for DeFi Developers Tornado Cash is now a closely watched legal case in the cryptocurrency and decentralized finance spaces. This is because the outcome is thought to have implications for the interpretation of the liability of developers in decentralized software systems. It has been observed that the prosecutors used federal money transmitter laws as the basis for the prosecution of the developer of the Tornado Cash protocol. The jury has since convicted Storm of running an unlicensed money transmitting business.
Meanwhile, the jurors were unable to make a decision on the money laundering conspiracy and sanctions violation charges against Tornado Cash. These unresolved charges give the prosecution the option of holding a retrial for the unresolved charges against Tornado Cash. Legal experts say that a retrial could help determine the extent of liability for developers of open-source financial technologies. Other analysts have cautioned that expansive interpretations of current financial laws could confuse the development of decentralized finance products. Pro-privacy groups have highlighted Tornado Cash’s role as an open-source privacy protocol on blockchain networks.
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2026-03-10 14:261mo ago
2026-03-10 09:451mo ago
Tornado Cash's Roman Storm Could Face 40 Years as Government Seeks New Trial
Federal prosecutors in Manhattan want another chance to convict Tornado Cash developer Roman Storm, asking a judge to schedule a retrial this October on two criminal counts where jurors failed to reach a unanimous decision last year.
The request, filed Monday in the Southern District of New York, would reopen one of the most consequential legal battles over the boundaries of software development and criminal liability in the cryptocurrency industry.
The case centers on Tornado Cash, a decentralized crypto mixer designed to obscure the origin and destination of blockchain transactions.
Prosecutors argue the tool enabled large-scale illicit finance. Storm and his supporters argue the government is attempting to criminalize open-source code.
Storm’s first trial ended in August with a mixed outcome. A Manhattan jury convicted him of conspiracy to operate an unlicensed money-transmitting business but deadlocked on two other charges: conspiracy to commit money laundering and conspiracy to violate sanctions.
Those unresolved counts carry the heaviest penalties. A conviction on both could expose Storm to as much as 40 years in federal prison.
In their letter to Judge Katherine Polk Failla, prosecutors said a retrial date should be set now to avoid scheduling delays. They proposed a start in early or mid-October and estimated a new trial would last about three weeks.
Storm remains free on bail while the case continues.
A mixed policy shift in Washington The retrial request arrives during a shift in the federal government’s public posture toward digital assets.
Last year, Deputy Attorney General Todd Blanche circulated a memo stating that the Justice Department “is not a digital assets regulator.” The guidance instructed prosecutors to avoid cases that attempt to impose regulatory frameworks through criminal charges against platforms, wallets, and similar infrastructure.
The memo also cautioned against targeting developers for the conduct of users who interact with decentralized tools.
At the same time, the U.S. Department of the Treasury has softened its language around privacy tools on public blockchains. In a March 2026 report to Congress under the GENIUS Act, Treasury acknowledged that digital asset mixers can serve legitimate purposes.
According to the report, lawful users may rely on such tools to shield sensitive financial information, including personal wealth, business payments, charitable donations, and consumer spending patterns.
Storm helped create Tornado Cash in 2019 as a privacy protocol for the Ethereum network. Unlike custodial mixers, the protocol operates through smart contracts rather than a centralized service operator.
Federal authorities have argued the tool facilitated more than $1 billion in illicit transactions, including activity tied to the North Korean hacking group known as the Lazarus Group.
Roman Storm: Making code a crime Storm’s defense maintains that developers cannot control how decentralized software is used after deployment.
In a post on X following news of the retrial request, Storm said the first jury heard four weeks of evidence before failing to reach consensus on the two most serious charges.
“A jury of 12 Americans heard four weeks of evidence and deadlocked,” he wrote. “No verdict on money laundering. No verdict on sanctions violations.”
Storm framed the retrial effort as an attempt to redefine the legal status of code.
“The government’s response?” he wrote. “Try again to make writing code a crime.”
Micah Zimmerman
Micah first discovered Bitcoin in 2018 but remained a skeptic on the sidelines for too long. Since 2021, he has covered crypto and business and now works as a news reporter for Bitcoin Magazine, based in North Carolina.
2026-03-10 14:261mo ago
2026-03-10 09:451mo ago
Vitalik Buterin pushes for Frame Transactions as Ethereum devs debate account abstraction
Ethereum’s developer community is currently debating on how to implement native account abstraction (AA) as planning for the upcoming Hegota hard fork continues.
Several proposals have emerged in recent weeks, with EIP-8141, known as “Frame Transactions,” gaining attention. The proposal has been formally introduced as a possible main feature of the upgrade.
Following the discussion, Vitalik Buterin publicly responded to the proposal, stating that Frame Transactions could support a wider range of privacy and censorship-resistant use cases while potentially simplifying wallet architecture.
Native account abstraction debate gains momentum The push for native account abstraction has intensified over the past month, with multiple Ethereum Improvement Proposals introduced.
EIP-8141 proposes a model known as Frame Transactions, which differs from traditional transaction formats by removing embedded signature fields. Instead, signatures and authorization logic are passed as data to smart contracts that validate transactions.
The proposal introduces a new opcode, APPROVE, that enables smart contracts to authorize sending transactions, paying gas, or both.
In addition, this design enables transaction authorization to be processed by programmable logic rather than fixed transaction fields. According to the proposal, this structure is capable of supporting alternative signature systems, conditional gas sponsorship and privacy-focused transaction mechanisms.
https://t.co/8L45rn3Zgx
— Derek Chiang | ZeroDev (@decentrek) March 9, 2026
For example, gas sponsorship could be arranged through contracts that pay network fees in return for token transfers, while authorization logic could be implemented using multisignature or alternative cryptographic schemes.
At the same time, the model presents new operational challenges. Due to the possibility of executing smart contract code during transaction validation, Ethereum clients would need additional protection against denial-of-service attacks from mempools.
Frame Transactions versus Tempo Transactions The debate over native account abstraction implies two distinct design philosophies in Ethereum development.
One approach, represented by Tempo Transactions, is to embed commonly used account abstraction features directly into the protocol. These include gas abstraction, atomic batching multiple operations, transaction scheduling, and sponsored transaction fees.
Tempo-style transactions organize these features right into the transaction format. Fields like arrays of calls allow for atomic batching, and timestamp parameters can be used to support scheduled execution. Another signature field allows a third party to cover the gas costs by co-signing the transaction.
Developers promoting this model contend that having features built right into the protocol is simpler to integrate and enhances the user experience. However, the approach may be somewhat extensible because new features would require protocol upgrades.
Frame Transactions takes the opposite approach by having generalized primitives instead of predefined features. Authorization and gas payment logic can be implemented in smart contracts, allowing developers to create custom systems for signatures, permissions, and transaction validation.
Vitalik Buterin highlights privacy and wallet design implications Responding to the ongoing discussion, Vitalik Buterin stated that Frame Transactions could also enable privacy-focused applications to operate without the need for public transaction broadcasters.
According to Buterin, the design enables privacy systems such as Railgun and other protocols to directly interact with network functionality, such as FOCIL, while preserving censorship resistance.
It's a good post, and thanks for your contributions to improving frame txs!
I would also add:
* Frame txs are also meant to cover a long-tail of privacy and censorship resistance use cases. They enable Railgun, PP, etc to work without public broadcaster intermediaries, and…
— vitalik.eth (@VitalikButerin) March 9, 2026
He also identified potential changes to the wallet architecture. Buterin said the idea of “every wallet being a smart contract” has already been successfully implemented in other ecosystems, citing Bitcoin’s multisignature wallet design.
In his opinion, wallets built using EIP-8141 could be relatively simple and execute only a few operations, as Bitcoin scripts do.
Buterin said that many wallet features currently implemented in large smart contracts, such as transaction batching and signature hash calculations, could be moved out of wallet code using the proposed structure.
Pioneers await additional upgrades and potential ecosystem expansion this week.
Pi Network, a crypto project often surrounded by controversy, has been drawing renewed attention lately after the Core Team announced a series of upgrades and key developments.
In the days ahead, further updates may emerge that could influence PI’s price.
What Happened and What’s Next? Earlier this month, the team behind the project revealed that the protocol v19.9 migration was successfully completed, while the next version, v20.2, is scheduled for release later this week, or around March 12.
Another notable development was the newly revealed case study showing how Pi Nodes could be leveraged as a distributed network for AI computing and model training.
Beyond the expected protocol upgrade, the community’s attention has shifted to March 14, widely known as Pi Day for its symbolic resemblance to the mathematical constant π (3.14). In 2025, Pi Network expanded its ecosystem around that date, with many speculating that a similar move might occur this year.
Some community members hope for a major listing on Pi Day, whereas others believe a key announcement from the Core Team is more likely.
PI Remains Trending The native token of Pi Network is among the best performers from crypto’s top 100, with its price surging by roughly 30% over the past week. A few days ago, it briefly climbed to a three-month peak of $0.23, while currently it is worth $0.22 (per CoinGecko’s data).
You may also like: Bitcoin (BTC) Plunges Before the FOMC Meeting, Pi Network (PI) Soars by 15%: Market Watch Its impressive rise naturally drew the attention of traders and investors, pushing PI into the spotlight. At one point, it even became the top-trending cryptocurrency on CoinGecko. Although the token has cooled off slightly, it remains among the platform’s 15 most-searched digital assets.
Top Trending Cryptocurrencies, Source: CoinGecko Sell-Off on the Way? Over the past few days, there has been an evident shift of PI tokens from self-custody to centralized exchanges. Data shows that approximately 4.8 million coins have been transferred to trading venues in the last 24 hours alone, thus bringing the total number to 454.1 million. This doesn’t directly imply a short-term price collapse, although the development is often interpreted as a pre-sale step.
PI Exchange Supply, Source: piscan.io Moreover, PI’s Relative Strength Index (RSI) briefly crossed above the bearish mark of 70 and remains quite close to it. This means that the asset has entered overbought territory and could be headed for a pullback. Conversely, anything below 30 is considered a buying opportunity.
PI RSI, Source: RSI Hunter Tags:
2026-03-10 14:261mo ago
2026-03-10 09:481mo ago
Adam Back Hints at Who Is Quietly Accumulating Bitcoin During This Rally
As Bitcoin targets $72,000, Adam Back analyzes "financial flywheel" driving massive market orders. Explore the institutional players quietly accumulating BTC.
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
While Bitcoin is trying to rewrite local highs, one of the main ideologues of the crypto industry and CEO of Blockstream Adam Back pointed to potential drivers of the rally by posting a meme with a bright green button, labeled “Buy Green.” Back hinted that a vacuum of unprecedented scale may currently be operating in the market, leaving the price almost no chance for a deep correction.
Identifying drivers of $71,000 breakoutAt the moment, the technical picture for the BTC/USDT pair confirms Back’s theory. After a powerful impulse in the first half of the day, the price broke the psychological barrier around $71,000 per BTC and entered a resistance zone.
BTC/USD 1-Minute Chart, Source: TradingViewAs Back himself suggests, the character of the candles indicates that purchases may be coming from Strategy and from capital inflows through new instruments such as the STRC network. It is also possible, though this remains only an assumption of Back's, that Michael Saylor has switched to a mode of market orders, buying Bitcoin directly through the order book.
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Why is this happening right now? Back emphasizes that companies such as Strategy have created a unique financial flywheel. By issuing shares and debt instruments with double-digit yields and higher, they obtain liquidity that is immediately converted into BTC. This process may create a supply squeeze in which exchange reserves cannot keep up with institutional demand.
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At the moment BTC is trading around $70,500. If buyers manage to hold the support zone, the next objective could be consolidation above $72,000, which would open the path to levels not seen by Bitcoin since February, at the beginning of 2026.
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2026-03-10 14:261mo ago
2026-03-10 09:491mo ago
Pi Network Price UP ahead of Pi Day: More Upside to $0.24?
The information provided in this article is for informational purposes only and does not constitute financial advice. Cryptocurrency investments carry a high degree of risk. Always conduct your own research.
Pi Network (PI) rises 2.15% to $0.221. Speculation around Pi Day on March 14 and the v20.2 upgrade is fueling bullish momentum for the mobile-mining token.
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Published: 03/10/2026
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Categories: Altcoin
Pi Network (PI) is currently trading at $0.221, marking a 2.15% increase in the last 24 hours. This price movement aligns with a broader recovery in the digital asset market but is significantly amplified by the upcoming Pi Day on March 14. As the community anticipates major roadmap updates and ecosystem milestones, the token has managed to sustain its position above critical psychological support levels.
Pi coin price in USDIs Pi Coin Bullish?For traders asking if $Pi can break its current resistance, the short-term outlook remains cautiously bullish. The convergence of a major protocol upgrade on March 12 and the annual Pi Day celebration provides a strong fundamental backdrop for a potential move toward $0.24.
Why is Pi Coin UP?The Pi Network is a social cryptocurrency and developer platform that allows mobile users to mine PI tokens without draining battery life. Unlike traditional Proof-of-Work assets like $Bitcoin, Pi uses a consensus mechanism based on the Stellar Consensus Protocol (SCP).
Currently, the network is in its "Open Network" transition phase. The primary drivers for today's price action include:
Protocol v20.2 Upgrade: A mandatory node update set for completion by March 12, 2026.Pi Day Speculation: The annual March 14 event where the Core Team historically announces major utility updates or Mainnet progress.Market Beta: Pi is benefiting from a 3.48% rise in Bitcoin, showing a positive correlation with market leaders.Crypto taxes made simple: Compare the top-rated tools for 100% compliance and efficiency
Pi Day and Network UpgradesThe current rally is a classic "buy the rumor" scenario. Daily trading volumes have surged to approximately $39 million, indicating a sharp increase in retail participation.
The v20.2 TransitionThe Core Team has moved the deadline for the v20.2 protocol upgrade to March 12. This upgrade is essential for the network's stability and is rumored to be a precursor for the launch of Pi Decentralized Exchange (DEX) tools. Successful implementation is expected to reduce network latency and prepare the infrastructure for higher transaction throughput.
Market Sentiment and Social BuzzAccording to data from Santiment, social volume for Pi Network has spiked in the first week of March. While increased "social whispering" often precedes a local top, the proximity to a scheduled event (Pi Day) suggests that the speculative premium may hold until the actual announcements are made.
Pi Coin Analysis: Resistance and Support LevelsFrom a technical perspective, PI is showing signs of a bullish pennant formation on the daily chart.
If PI holds above the $0.20 support, the probability of a retest of the $0.24 level before March 14 remains high. However, an RSI reading near 70 suggests the asset is approaching overbought territory, increasing the risk of a "sell the news" correction post-event.
Level TypePrice RangeTechnical SignificanceImmediate Resistance$0.237 – $0.240Previous local high and supply zone.Major Resistance$0.285200-day Exponential Moving Average (EMA).Key Support$0.200 – $0.204100-day EMA and psychological floor.Secondary Support$0.186Historical demand zone.
2026-03-10 14:261mo ago
2026-03-10 09:501mo ago
XRP Bulls Step In as Long Positions and Buying Pressure Surge
XRP Long Positions Climb as Investors Turn Increasingly BullishInvestor confidence in XRP is gaining momentum as traders ramp up their bullish exposure to the asset.
Market analyst CryptoBull reports that long positions on XRP are steadily climbing, while net buying activity continues to accelerate.
This dual trend signals a clear shift in market behavior, investors are not just holding but actively accumulating, positioning themselves ahead of potential price volatility and upside movement.
Notably, the surge in long positions suggests traders are increasingly betting on higher XRP prices. In derivatives markets, a long position reflects expectations that an asset’s value will rise, and when these positions grow alongside rising net buying, it typically signals strengthening market sentiment and growing investor conviction.
Nevertheless, XRP still faces notable headwinds. Roughly $50.8 billion worth of supply remains in unrealized losses, highlighting lingering pressure in the market despite the improving bullish positioning.
Well, CryptoBull notes that the current trend suggests buyers are steadily gaining control of the market.
Instead of remaining on the sidelines, traders are actively accumulating XRP, signaling growing confidence that the asset may be gearing up for a major move. Rising buying pressure often reinforces key support levels and can accelerate bullish momentum if demand continues to strengthen.
XRP Traders Turn Bullish as Rising Long Positions Signal Potential BreakoutAccording to CoinCodex data, XRP was trading at $1.39, placing the token in a critical consolidation zone following recent market volatility.
Source: CoinCodexDespite remaining below previous highs, the current price level may be attracting accumulation from investors who view the pullback as a potential entry point ahead of a possible breakout.
Why does this matter? Well, rising long positions in XRP signal growing trader optimism, with investors positioning for a potential bullish phase.
CryptoBull views this increase as an early indicator of shifting sentiment, suggesting confidence in XRP’s fundamentals and technical setup.
Broader crypto market activity is also improving, with higher liquidity and stabilizing trading volumes reigniting interest from both retail and institutional participants. However, analysts caution that rising long exposure can heighten volatility, if the market moves against leveraged traders, liquidations could trigger sharp swings.
Despite this risk, CryptoBull highlights that XRP’s net buying is accelerating, reflecting more aggressive investor positioning.
Trading at $1.39, XRP is showing strong defense of the key $1.40 floor while tightening price compression hints at a potential breakout. The coming sessions may be decisive in determining whether bullish sentiment transforms into sustained upward momentum.
ConclusionRising long positions and accelerating net buying signal a growing bullish sentiment for XRP. With investors actively accumulating around $1.39, the market may be setting the stage for stronger momentum.
While volatility remains, early positioning by traders highlights the potential for a significant breakout, making XRP’s near-term moves closely watched.
2026-03-10 14:261mo ago
2026-03-10 09:511mo ago
Bitcoin Once Surged 2,200% After This Key Signal That Just Flashed: Is History Repeating?
The same analyst also noted that BTC is currently running the "oldest playbook in markets."
Merlijn The Trader, a popular crypto analyst on X, indicated that quantitative tightening had just ended, which has historically preceded massive bitcoin rallies.
He has remained highly bullish on BTC’s mid- to long-term price trajectory, noting that the cryptocurrency is currently in its second phase of manipulation before it heads back above $100,000.
QT Ending: BTC to Millions of $? Although the official QT ending was determined to be December 1, 2025, Merlijn focused on the more macro bitcoin picture, comparing the same scenario from 2019. At the time, the US Fed also pivoted from its monetary strategy, which was among the propellers behind bitcoin’s surge from a $3,000 low to a $69,000 high within a few years.
He believes the macro trigger and the demand zones are the same now, and noted that if BTC maintains the $70,000 level, the “rally begins.” If it drops below $60,000, then the accumulation extends.
If BTC is to stage such a remarkable rally now of 2,200%, its price tag would skyrocket to over $1.6 million per unit. Needless to say, it sounds rather unimaginable now, but bitcoin has proven in the past that it tends to prove people wrong.
QUANTITATIVE TIGHTENING JUST ENDED. AGAIN.
Last time QT ended in 2019, Bitcoin went from $3K to $69K.
Same macro trigger. Same demand zone. Right now.
Above $70K: the rally begins.
Below $60K: accumulation extends.
The Fed just fired the starting gun.
Most people missed it. pic.twitter.com/7pKUq1sQdG
— Merlijn The Trader (@MerlijnTrader) March 10, 2026
In a separate post, the analyst noted that bitcoin’s accumulation phase is done, and the asset is in its second stage of manipulation, which is “happening now.” Phase 3 would be the distribution, where BTC will head into a six-digit price territory. He noted that $65,000 is the “last stop before the final phase.”
You may also like: Winklevoss Twins Are Selling Bitcoin Again? Arkham Flags Big BTC Transfer to Gemini Bitcoin’s Leverage Ratio Drops Sharply – Is a Healthier Market Reset Underway? Analyst Sees Market Shift as Key Binance Bitcoin Index Drops to 0.35 “Hold it: the move begins. Lose it: manipulation isn’t finished yet,” he added.
$80K Next? As BTC climbed to $71,000 earlier today, Michaël van de Poppe commented that $75,000 should be next, followed by $80,000 this month. While focusing on the more short-term price moves of BTC, the analyst warned that this is “not a V-shape type of recovery, but easily a mean reversion bounce on higher timeframes.”
Interestingly, he argued that the altcoins would perform more impressively during this phase.
There we go.
Markets are breaking upwards, and #Bitcoin is already at $71K.
I think that we’ll see $75K and potentially $80K during this month.
Not a V-shape type of recovery, but easily a mean reversion bounce on higher timeframes.
I would assume that #Altcoins will be… pic.twitter.com/aQXV5Wliej
— Michaël van de Poppe (@CryptoMichNL) March 10, 2026
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2026-03-10 14:261mo ago
2026-03-10 09:581mo ago
Bitcoin price attempts $70K base formation as open interest drops across exchanges
Bitcoin price is stabilizing near $70,000 as declining derivatives leverage and falling retail inflows hint at a possible base forming in the market.
Summary
Bitcoin is trading near $70,000, close to the upper end of its weekly range. Retail inflows to Binance have dropped sharply while open interest across exchanges continues to trend lower, signaling reduced leverage. Technical indicators show BTC consolidating between $67K and $71K as volatility tightens ahead of a potential breakout. At press time, Bitcoin (BTC) was trading at $70,718, up 4.2% over the past 24 hours. The asset is now near the top of its recent weekly range thanks to the move.
Following February’s volatility, Bitcoin has shown signs of consolidation over the last seven days, trading between $65,962 and $73,669. The cryptocurrency is still 46% below its October 2025 all-time high of $127,080 despite the recent upswing.
Alongside the price increase, market activity has increased. With a 49% rise and a 24-hour trading volume of $53.8 billion for BTC, traders appear to be returning to the market.
Derivatives data also shows rising activity. According to CoinGlass data, Bitcoin futures trading volume increased 13% to $76 billion, while open interest climbed 5.72% to $46 billion.
Despite the short-term increase, longer-term data show that leverage across exchanges has been trending lower.
Retail flows and leverage show cooling market conditions A Mar. 10 report from CryptoQuant contributor Amr Taha points to a sharp decline in retail Bitcoin inflows to Binance over the past month.
The analysis tracks cumulative Bitcoin deposits to the exchange over 30 days, separating activity from smaller investors and large holders. According to the data, retail inflows to Binance dropped significantly between Feb. 6 and Mar. 10.
During that period, retail deposits fell from around $14.1 billion to roughly $6.3 billion, a drop of about $7.8 billion. The current level is the lowest recorded since mid-May 2024, suggesting smaller investors are sending fewer coins to exchanges.
Open interest across derivatives markets has also been declining. The report notes that several major exchanges have seen a reduction in futures positioning in recent weeks.
Bitcoin open interest on Binance was $3.45 billion on March 10, down from the $3.8 billion level noted on April 7, 2025. That earlier reading coincided with a period when Bitcoin formed a major market bottom.
According to Taha, widespread drops in open interest often signify a reduction in traders’ leverage. Once excessive speculation is removed from the market, periods of deleveraging can occasionally result in more stable price action.
Bitcoin price technical analysis From a technical standpoint, Bitcoin is still recovering from the sharp decline seen in February. The price is still below the 20-day moving average, which is the midline of the Bollinger Bands. This level often acts as resistance when markets are trying to recover from a downtrend.
Bitcoin daily chart. Credit: crypto.news At the same time, the chart shows that Bitcoin is moving sideways between $67,000 and $71,000, indicating that the market may be establishing a base following the recent sell-off. Several recent candles have longer wicks and smaller bodies, which shows hesitancy among traders.
Volatility has also started to contract. Bollinger Bands are gradually narrowing, a pattern that comes before a more significant shift in either direction.
Momentum indicators show a slight improvement. The relative strength index is now hovering around 50, a neutral reading, having recovered from oversold levels near 20–30 during February’s decline.
$66,000 to $67,000 continues to be the crucial support range for Bitcoin in the near future. Holding this level could help maintain the current consolidation structure.
On the upside, $71,000 to $72,000 stands as the next resistance area. A break above that range could signal stronger recovery momentum, while rejection there may keep Bitcoin trading sideways in the near term.
2026-03-10 14:261mo ago
2026-03-10 10:021mo ago
Here's why Shiba Inu Coin price is on the cusp of a rebound
Shiba Inu Coin price rose by 7% on March 10 as the crypto market rallied and as the burn rate jumped by over 162%.
Summary
Shiba Inu price rose by over 7% on Tuesday as crypto prices rebounded. The coin’s burn rate jumped by 162% to 6.5 million. It has formed a highly bullish falling wedge pattern, pointing to an eventual rebound. Shiba Inu (SHIB) token was trading at $0.0000058, a few points slightly above the year-to-date low of $0.00000525. It remains 83% below its highest point in 2025.
On the positive side, the coin’s burn rate jumped by 162% to over 6.58 million in the last 24 hours. The circulating supply has dropped to 585 billion after 410 billion were burned from the initial supply. A token burn reduces a coin’s circulating supply and its inflation.
Meanwhile, futures data shows that activity in the market is doing well. The futures open interest rose to $62.8 million on Wednesday, up sharply from last week’s low of $53 million. Rising open interest is a sign that demand is rising in the futures market.
Shiba Inu’s volume in the spot market has also continued rising this week. It jumped to over $143 million, up from below $100 million last week.
Another potential catalyst for the token is the latest developments in the Middle East, where Donald Trump is seeking to de-escalate the crisis after the stock market dropped and crude oil prices surged to the highest point since 2022.
Shiba Inu Coin price technical analysis SHIB price chart | Source: crypto.news A look at the three-day chart shows that the coin has remained in a bear market this year. This decline, however, is losing momentum as evidenced by the Average Directional Index, which has moved sideways since January.
On the positive side, the coin has formed a large falling wedge pattern, which is made up of two descending and converging trendlines. There are signs that the two lines are nearing their confluence, which is where bullish breakouts normally happens.
At the same time, the Stochastic Relative Strength Index has moved upwards from 20 in January to 55 today. That is a sign that it has formed a bullish divergence pattern.
Therefore, the most likely SHIB price prediction is bullish, with the next key target being at the 50-day Exponential Moving Average level at $0.0000080. The bullish view will become invalid if it drops below the year-to-date low.
2026-03-10 14:261mo ago
2026-03-10 10:051mo ago
Whale Already Holding Long Position Buys ETH, Price Spike?
A whale wallet has bought 10,158 ETH at an individual price of around $2,069. BTC and ETH just recorded a recovery from recent losses. Price projections are optimistic. A crypto whale has accumulated ETH by spending USDT. Another whale had earlier withdrawn BTC from platforms. Both actions have triggered speculation around the rise in their respective prices. This is further drawn from the current surge in BTC and ETH price along with a stronger projection for the next 3 months.
Whale Buys ETH, Withdraws BTC A crypto whale reportedly spent USDT worth approximately $21 million to buy Ethereum tokens. The whale accumulated 10,158 ETH at an individual price of around $2,069, applicable at the time of the transaction.
According to Onchain Lens, the whale wallet now holds long positions in BTC and ETH for around $83.57 million. The leverage stands at 20x, and the holding carries a floating profit of over $3 million.
BTC comes into the picture also because another whale wallet, after 9 months of being asleep, withdrew 404.38 bitcoins. They were valued at approximately $27.65 million at the time of withdrawal, which was executed from Binance and OKX.
Both these activities have triggered speculation around the possible HODLing. Or, around the possible bull run in the days to come.
BTC and ETH Record Recovery Both, BTC and ETH have made notable recoveries from recent lows. For starters, Bitcoin tokens are trading at $70,925.73, up by 4.30% over the last 24 hours. It briefly teased exchanging hands at $71k but fell short by a marginal distance.
Two major technicals, Oscillators and Moving Averages, are signalling a sentiment to buy the flagship token.
Ethereum tokens are trading at $2,064.40, up by 3.105 in 24 hours. The second-ranked cryptocurrency in terms of the market cap also teased breaching the $2.1k mark before falling short by a small margin.
Oscillators are signaling a sentiment to buy the token, but Moving Averages are highlighting neutral sentiments for Ether. Needless to say, the wisest decision is to do thorough research and risk assessment before crypto investments.
Price Projection Price projections for BTC and ETH are bullish. Bitcoin tokens are estimated to reach $78,840 in 1 month. This would be a jump of around 10.74% from the current value, amid the volatility of 2.52%. BTC price prediction for the next 3 months underlines the possibility for price correction as it can retrace to $74,907.
The situation for Ethereum tokens is slightly different. ETH price prediction shows a progressive upward trajectory to $3,896.54 in the next 3 months. It could first record a 14.44% surge to $2,345.80 in the next 30 days.
Highlighted Crypto News Today:
BNB Bulls Battle for Control: More Upside or Another Dip?
Curious by nature, Ankur's core topic is Web3, but he's a versatile writer who can cover many more subjects. If you catch up with him in his free time, you'll find discussions often center around different movies and TV series. He's an easy person to talk to—you can literally chat with him about anything.
2026-03-10 14:261mo ago
2026-03-10 10:081mo ago
Shiba Inu Price Surges 5% as $38K in Short Liquidations Fuel SHIB Recovery
Shiba Inu surges 5.17% to $0.00000572 as $38,680 in short liquidations hit bearish traders. Bollinger Bands signal a major SHIB move ahead.
Shiba Inu staged a sharp recovery on Tuesday, climbing to an intraday high of $0.00000575. The rebound follows a week of consecutive losses that dragged the token to a low of $0.00000522. At the time of writing, SHIB traded at $0.00000572, up 5.17% in the past 24 hours. The move caught bearish traders off guard, triggering a wave of forced liquidations across the derivatives market.
The broader crypto market mirrored the recovery. Risk appetite returned as traders reassessed recent sell-offs. Major tokens gained ground alongside SHIB, pointing to a market-wide shift in short-term sentiment.
Short Sellers Bear the Brunt of LiquidationsData from CoinGlass reveals that Shiba Inu recorded $48,260 in total liquidations during the rally. Short positions dominated the losses. Of that figure, $38,680, equivalent to 6.3 billion SHIB, came from short liquidations. Long liquidations accounted for just $9,580.
The imbalance is stark. Traders who had bet against SHIB were caught unprepared as prices reversed. This pattern extended beyond SHIB. Across the entire crypto market, $327 million in positions were liquidated. Short positions made up $200 million of that total, confirming that bearish bets were broadly unwound during Tuesday's price surge.
SHIB has now fully reversed its weekly losses. The token is up 8.02% over the past seven days, erasing the damage from three straight weeks of price declines.
Technical Signals Point to a Potential BreakoutShiba Inu's weekly Bollinger Bands are narrowing. This technical pattern, known as a squeeze, often precedes a significant price move in either direction. The contraction follows the recent string of weekly losses, suggesting the token may be building pressure ahead of a decisive shift.
Key resistance levels are now in focus. The immediate target sits at $0.00000587, with a secondary level at $0.00000653. On the downside, $0.00000526 serves as the nearest support. A break above resistance could open the door for further gains, while a failure to hold support may renew selling pressure.
On-chain and derivatives data point to growing interest following the sell-off. However, analysts note that conviction has yet to fully return to the market. Traders appear to be waiting for clearer direction before committing to larger positions.
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Latest Shiba Inu News Today (SHIB)
2026-03-10 14:261mo ago
2026-03-10 10:121mo ago
Cardano at Key Price Juncture as Bollinger Bands Tighten, Where to Next?
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Cardano is currently in a "trapped" scenario, according to the Bollinger Bands indicator, with traders now watching the next price move.
Bollinger Bands are volatility bands placed two standard deviations above and below the 20-period (day or week) simple moving average of the price.
The scenario for Cardano on the daily chart is presented with price constricted below the midline, which is the 20-day MA and the lower band of the Bollinger range.
HOT Stories
ADA/USD Daily Chart, Image By TradingViewAs seen on the daily charts, the Bollinger Bands have narrowed since February as Cardano stayed in sideways trading.
Cardano has consolidated in a broad range between $0.22 and $0.312 since February, as bulls and bears engage in a tussle.
A narrowing band suggests declining volatility, which might be a signal that the market is coiling and preparing energy for the next big move in either direction.
What's next? At the time of writing, ADA was up 3.44% in the last 24 hours to $0.2633, in line with the broader market recovery. Major tokens snapped back on Tuesday as optimism rippled through risk markets.
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Cardano's price recovery is expected to face selling at the 20-day MA, currently at $0.27, with ADA only reaching a high of $0.267 in the early Tuesday session. A price climb past $0.27 and $0.30, which mark the midline and the upper band of the Bollinger range, might signal a potential short-term trend change.
On the other hand, support is expected at $0.24, the lower band of the Bollinger range, which the price has tested a handful of times since March.
Cardano fundamentals stay positiveYesterday, Cardano announced the release of the Programmable Tokens Platform, a key to unlocking tokenization and further growth of stablecoins on Cardano.
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In a key follow-up to its roadmap, the Cardano Foundation continues to facilitate the progress of CIP-0113, a standard to enable token issuers to attach programmable rules to Cardano native assets, allowing tokenized instruments to meet compliance and operational requirements.
A major milestone for interoperability was announced in February through the integration with LayerZero on Cardano.
2026-03-10 14:261mo ago
2026-03-10 10:131mo ago
B.Riley Launches Strategy (MSTR) Coverage With Bullish Outlook on Massive Bitcoin Position
TLDRHow Strategy Funds Its Bitcoin BuyingRecent Performance and RatingsGet 3 Free Stock Ebooks B.Riley launched Strategy (MSTR) coverage with a Buy recommendation and $175 per share price objective The company owns roughly 721,000 Bitcoin — representing approximately 3.4% of the cryptocurrency’s total circulating supply — with an average cost basis near $76,000 Shares now trade at 1.2x net asset value, significantly lower than the 3.4x multiple reached during 2024 The firm maintains $2.25 billion in cash reserves, sufficient to fund approximately 30 months of interest payments and dividend commitments Company leadership announced 22.8% Bitcoin Yield performance alongside an $8.9 billion Bitcoin dollar gain for 2025 B.Riley launched coverage of Strategy (MSTR) on March 10, assigning a Buy recommendation with a $175 price objective.
Strategy Inc, MSTR
The investment firm highlighted Strategy’s “unmatched scale, institutional credibility, and disciplined capital markets execution” as primary factors supporting the positive rating.
Strategy operates as the largest Bitcoin treasury corporation globally. Current holdings as of March 6 total approximately 721,000 Bitcoin — equivalent to roughly 3.4% of the entire Bitcoin supply in circulation — accumulated at an aggregate cost approaching $55 billion.
This translates to an average acquisition cost of approximately $76,000 per Bitcoin.
With shares currently trading at $138.95, the company’s valuation stands at 1.2 times modified net asset value. This represents a substantial decline from the approximately 3.4 times multiple observed at the 2024 peak. B.Riley interprets this valuation compression as creating a favorable buying opportunity.
Broader Wall Street sentiment aligns with a positive outlook on the shares. The consensus recommendation is Buy, although analyst price targets demonstrate considerable variation — spanning from $185 at the conservative end to $705 at the upper extreme. Benchmark maintains that $705 projection, recently confirming its Buy stance based on sum-of-the-parts valuation modeling that incorporates anticipated Bitcoin accumulation through December 2026.
How Strategy Funds Its Bitcoin Buying Strategy has established what management describes as a “digital credit platform” utilizing six distinct securities — including common stock plus five series of perpetual preferred equity instruments carrying dividend rates between 8% and 11.5%.
The corporation maintains a $2.25 billion cash position, providing approximately 30 months of coverage for its annual interest expense and dividend payment requirements.
Recently, Strategy added 17,994 additional Bitcoin to its treasury using proceeds from equity sales. The transaction generated $1.28 billion through the company’s at-the-market distribution program — comprising $899.5 million from 6.33 million Class A common shares and $377.1 million from 3.78 million preferred shares.
CEO Michael Saylor has publicly affirmed the company maintains a hold strategy with no intention to liquidate its Bitcoin position, while continuing systematic acquisitions.
Recent Performance and Ratings For 2025, company management achieved a 22.8% Bitcoin Yield metric along with an $8.9 billion Bitcoin dollar gain.
Strategy secured its inaugural S&P credit rating of B- with stable outlook during Q3 2025, marking a significant achievement for an organization with this distinctive balance sheet composition.
As a Nasdaq 100 index component, the stock gains exposure to substantial passive investment flows.
Shares advanced 7.6% in recent trading as Bitcoin staged a recovery, lifting cryptocurrency-adjacent equities throughout the sector.
InvestingPro’s current analysis indicates the stock is trading close to its Fair Value estimate.
B.Riley’s $175 price target positions toward the more conservative end of Wall Street’s range, suggesting a measured perspective on valuation multiples despite the firm’s Buy recommendation.
2026-03-10 14:261mo ago
2026-03-10 10:151mo ago
Bitmine (BMNR) Transfers $19.5M in ETH to Coinbase Prime Following Massive Accumulation Spree
Key HighlightsSignificant Valuation DeclineUnderstanding Coinbase Prime’s RoleGet 3 Free Stock Ebooks On Tuesday, Bitmine transferred approximately 9,600 ETH valued at $19.5M to Coinbase Prime hot wallets across two transactions These transfers shouldn’t be interpreted as guaranteed selling activity — Coinbase Prime serves as an institutional custody solution The company recently completed its biggest weekly ETH acquisition of 2026, adding 60,976 ETH to its reserves Bitmine’s total ETH position now surpasses 4.5 million tokens The company’s holdings have decreased from approximately $16B at peak value to roughly $2.25B, mirroring ETH’s market downturn On Tuesday, Bitmine Immersion Technologies executed two distinct transactions sending roughly 9,600 ether to Coinbase Prime hot wallets, as revealed by on-chain tracking data from Arkham.
The initial transaction involved 5,300 ETH with an estimated value of $10.75 million. Several hours later, a second movement of 4,308 ETH worth approximately $8.74 million took place.
Both asset movements were channeled through a transitional wallet before arriving at Coinbase Prime. This routing pattern is typical for institutional custody procedures.
Bitmine Immersion Technologies, Inc., BMNR
The transaction attracted significant attention since substantial on-chain movements frequently trigger investor concern. The standard worry remains consistent — could this signal an imminent sell-off?
For this situation, that’s unlikely. Coinbase Prime operates as an institutional service platform designed for custody, staking capabilities, collateral administration, and over-the-counter trading. Simply moving assets to this platform doesn’t indicate an impending liquidation.
The sequence of events deserves consideration. These transfers occurred mere days following Bitmine’s announcement of its largest weekly ETH acquisition in 2026. The company added 60,976 ETH during the previous week, elevating its aggregate holdings beyond the 4.5 million token threshold.
Company Chairman Thomas Lee stated the organization was aggressively accumulating because it perceives the market is experiencing the “late stages of a mini-crypto winter.” This perspective indicates the company views present pricing levels as advantageous entry points rather than signals to liquidate positions.
Significant Valuation Decline Bitmine’s ETH holdings reached a valuation peak of approximately $16 billion during October 2024. Current valuations stand at roughly $2.25 billion.
This decline isn’t attributable to asset liquidation. Balance records from Arkham demonstrate the reduction correlates directly with ETH’s price depreciation rather than significant token outflows.
The company currently faces estimated unrealized losses totaling $7.8 billion on its holdings. While this represents a substantial figure, it mirrors the wider ETH market conditions rather than indicating a strategic pivot.
At publication time, Ether was trading at $2,042, showing a 2.8% daily increase.
Understanding Coinbase Prime’s Role Coinbase Prime provides enterprise-level services — including custody solutions, lending programs, and substantial block transactions executed outside public exchanges.
Moving Ethereum to this platform provides Bitmine with operational versatility. Potential applications include staking optimization, collateral administration, or consolidating assets under institutional-grade custody.
Bitmine hasn’t issued any official communication clarifying the transfer’s specific purpose.
What remains evident is the company’s unchanged strategic direction. Bitmine has consistently expanded its ETH position, and leadership has publicly characterized this period as opportune for accumulation.
Tuesday’s two transactions, representing $19.5 million in ETH value, mark the most recent on-chain movement from the world’s largest publicly identified ether holder.
ETH registered a 2.8% increase for the day, trading at $2,042 at time of publication.
2026-03-10 14:261mo ago
2026-03-10 10:161mo ago
One Analyst Calls XRP Extremely Oversold, Another Plans to Short It
The bearish analyst outlined at which price levels he wants to short XRP.
The weekly RSI levels for XRP have declined to their most oversold territory since at least 2022, said popular market commentator EGRAG CRYPTO, adding that this might be a proper entry zone.
While their chart reviews the broader XRP picture, another analyst weighed in on the asset’s daily gains today, noting that he wants to short it only after it reaches a certain level.
Most Oversold in History? Known for his detailed and mostly bullish analysis on several large cryptocurrencies, but with the main focus on XRP, EGRAR’s latest chart on the cross-border token indicated that the asset is “entering the most oversold region” in its history right now.
They explained that when XRP has plunged to such RSI levels, it has historically bottomed, as was the case in 2014, 2015, 2018, 2020, and 2022. This means that the token has not seen such oversold numbers in four years.
However, EGRAR disclosed that although XRP has indeed reached a macro bottom at similar levels, it does not mean that “the exact bottom prints immediately,” but it’s entering its final phase, which looks like this:
Final liquidity sweep Sideways accumulation Gradual reversal “This is why many experienced investors start accumulating in this region instead of trying to perfectly time the bottom,” they added before asking: “When XRP weekly RSI is in the most oversold zone in its entire history… is this the worst time to buy? Or, one of the best times to start accumulating?”
XRP Weekly RSI. Source: EGRAG Crypto on X Or, Maybe Short XRP? While EGRAG’s analysis focuses on XRP’s macro picture, Crypto Tony weighed in on the asset’s most recent price performance and whether he sees a potential for a trend reversal in the short-term. The token dumped to $1.21 last week, rebounded to $1.55, where it was rejected, and has remained within a tighter range between $1.34 and $1.48 since then.
It jumped to $1.42 earlier today, and Crypto Tony saw an upcoming opportunity to short the upper boundary of this range at $1.47-$1.48. However, XRP was rejected for now and remains around $1.40 as of press time, which is a level that the bulls “need to flip into support,” and they haven’t done it decisively yet.
You may also like: Ripple Holders Alert: 60% of XRP Circulating Supply Currently Underwater Analyst Tells XRP Holders to Tune Out War Talk and Watch Key Price Levels Ripple ETFs Bleed Out Weekly as XRP Was Rejected at $1.45 $XRP / $USD – Update
I would love a spike up to $1.47 range high to then look for shorts. Bulls need to flip $1.40 into support to make this happen pic.twitter.com/U0SrpuCbvz
Shareholders approved all proposals of the Board of Directors Severin Schwan re-elected as Chairman of the Board of Directors; all other Board members standing for election were confirmed39th consecutive dividend increase to CHF 9.80 per shareExchange of non-voting equity securities (Genussscheine) for Participation Certificates approved Basel, 10 March 2026 – Roche (SIX: RO, ROG; OTCQX: RHHBY) announced today that its shareholders approved all proposals of the Board of Directors at its Annual General Meeting. The 594 shareholders in attendance, who represented 77,22% of the total 106,691,000 shares, approved the Annual Financial Statements and Consolidated Financial Statements for 2025, the Remuneration Report and the Sustainability Report for 2025.
Dr Severin Schwan was re-elected as Chairman of the Board of Directors by 97,75% of the votes. Addressing the shareholders in a speech, he said:
“The past year was a very successful one for Roche. With our long-term focus, we at Roche are on track — scientifically, financially, and strategically. By combining our expertise in Diagnostics and Pharmaceuticals under one roof, we will continue to have a competitive advantage in the future — one that benefits millions of patients around the world.”
In addition, the shareholders approved an increase in the dividend for the past financial year to 9.80 Swiss francs (gross) per share and non-voting equity security. This is the 39th consecutive dividend increase. The shareholders also authorised the discharge of the members of the Board of Directors and the Corporate Executive Committee.
The shareholders approved the total bonuses of the Corporate Executive Committee for the 2025 financial year by 95,18% of votes. They also approved a maximum total future remuneration by 94,77% of votes for the Board of Directors and by 90,18% of votes for the Corporate Executive Committee until the 2027 Annual General Meeting.
In addition to Severin Schwan, all other members of the Board of Directors were re-elected to the Board of Directors for a one-year term:
Mr André HoffmannDr Jörg Duschmalé Dr Patrick FrostMs Anita HauserProfessor Dr Akiko IwasakiProfessor Dr Richard P. LiftonDr Jemilah MahmoodDr Mark Schneider Additionally, Lubomira Rochet was elected to the Board of Directors for a one-year term.
The following Board members were re-elected to the Remuneration Committee for a one-year term:
Dr Jörg Duschmalé Ms Anita HauserProfessor Dr Richard P. Lifton The Annual General Meeting appointed KPMG AG as statutory auditors for the 2026 financial year and Testaris AG as independent proxy until the conclusion of the 2027 Annual General Meeting.
The Annual General Meeting approved a partial amendment of the articles of incorporation (§6 letter f and §12 subsection 2). The shareholders approved a decrease in the share capital through a reduction of the nominal value of each bearer share from CHF 1.00 to CHF 0.001.
The shareholders further approved the exchange of Genussscheine for Participation Certificates. As a result of the exchange, Participation Certificates will replace Genussscheine as non-voting equity security in the capital structure of Roche. The Participation Certificates will be listed at SIX Swiss Exchange and carry a new International Securities Identification Number (CH1499059983), a new Valor (149.905.998) and ticker symbol (“ROP”), which are different from those previously used for the Genussscheine.
The last trading day at SIX Swiss Exchange of the Genussscheine is foreseen to be 16 March 2026. The first trading day of the Participation Certificates is expected to be 17 March 2026.
Holders of printed certificates representing Roche equity securities (“Home Custodians”) are urged to submit their printed certificates, together with the remaining dividend vouchers, to a depository bank promptly for conversion into intermediated securities. This will ensure smooth future dividend payments to current Home Custodians and avoid a potential loss of dividend claims. Dividends will be forfeited if not claimed within five years.
For additional details on the exchange of Genussscheine for Participation Certificates, please refer to the announcement of the Roche’s Board of Directors’ on 22 July 2025, the invite to the AGM 2026, the Listing Prospectus, the information document and consult the dedicated FAQ section available here.
The address by Chairman of the Board of Directors Severin Schwan to shareholders will be available at https://www.roche.com/about/governance/annual-general-meetings.
About Roche
Founded in 1896 in Basel, Switzerland, as one of the first industrial manufacturers of branded medicines, Roche has grown into the world’s largest biotechnology company and the global leader in in-vitro diagnostics. The company pursues scientific excellence to discover and develop medicines and diagnostics for improving and saving the lives of people around the world. We are a pioneer in personalised healthcare and want to further transform how healthcare is delivered to have an even greater impact. To provide the best care for each person we partner with many stakeholders and combine our strengths in Diagnostics and Pharma with data insights from the clinical practice.
For over 125 years, sustainability has been an integral part of Roche’s business. As a science-driven company, our greatest contribution to society is developing innovative medicines and diagnostics that help people live healthier lives. Roche is committed to the Science Based Targets initiative and the Sustainable Markets Initiative to achieve net zero by 2045.
Genentech, in the United States, is a wholly owned member of the Roche Group. Roche is the majority shareholder in Chugai Pharmaceutical, Japan.
For more information, please visit www.roche.com.
All trademarks used or mentioned in this release are protected by law.
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Phone: +41 61 688 8888 / e-mail: [email protected]
Monroe Capital Corporation Announces $13.0 Million Increase in Special Pre-Merger Closing Distribution for Monroe Capital Corporation Stockholders Resulting in a $15.9 Million ($0.75 per share) Total Pre-Merger Closing Distribution
Horizon Technology Finance Corporation Announces Intent to Supplement Regular Monthly Distributions for Combined Company Stockholders for Two Quarters Following Closing of the Merger March 10, 2026 09:15 ET | Source: Monroe Capital Corporation
CHICAGO, March 10, 2026 (GLOBE NEWSWIRE) -- Monroe Capital Corporation (NASDAQ: MRCC) (“MRCC”) today announced its intent to increase the amount of its final special distribution payable to legacy MRCC stockholders of record as of a time prior to the closing of its previously announced merger (the “Merger”) with Horizon Technology Finance Corporation (“HRZN”) by $13.0 million ($0.61 per share), contingent upon MRCC stockholder approval of the Merger and related closing conditions. As previously announced, following the Merger, HRZN will be the surviving public entity and will continue to be managed by Horizon Technology Finance Management LLC (“HTFM”) and trade on the NASDAQ under the symbol “HRZN”.
In addition, to create near-term value for the combined company stockholders, including MRCC legacy stockholders, HRZN’s Board of Directors has announced its intent to use HRZN’s current undistributed taxable earnings (i.e., spillover income) of $27.6 million as of December 31, 2025 to supplement HRZN’s regular monthly distributions to the combined company’s stockholders for two quarters following the closing of the Merger (the “HRZN Supplemental Distributions”), subject to the closing of the Merger and the HRZN Board’s declaration of the distributions. HRZN anticipates that the HRZN Supplemental Distributions for the first quarter post-closing will be in the range of at least $0.02 to $0.04 per share per month. In its consideration of declaration of any HRZN Supplemental Distributions, the HRZN Board will consider, among other things, (1) HRZN’s ongoing compliance with asset coverage ratio requirements under the Investment Company Act of 1940, (2) HRZN’s compliance with applicable financial and other operating covenants under HRZN’s financing agreements, and (3) HRZN’s general investment performance and available liquidity, as well as general market conditions at the time.
Increased Final MRCC Distribution
In addition to MRCC’s planned pre-Merger closing distribution to MRCC stockholders of MRCC’s undistributed taxable earnings (the “Final MRCC Tax Distribution”), which totaled $2.9 million ($0.14 per share) as of December 31, 2025, MRCC intends to pay to legacy MRCC stockholders a one-time cash distribution of $13.0 million ($0.61 per share) (the “Supplemental MRCC Distribution” and, together with the Final MRCC Tax Distribution, the “Pre-Merger Closing Distribution”) following MRCC’s sale for cash of substantially all of its assets to Monroe Capital Income Plus Corporation (“MCIP”), the Monroe Capital platform's privately offered business development company. The Pre-Merger Closing Distribution is expected to be approximately $15.9 million ($0.75 per share) in total.
The Pre-Merger Closing Distribution will be sourced from the net proceeds received by MRCC from MCIP in the pre-Merger asset sale, which will occur immediately prior to the Merger pending requisite stockholder approval and completion of other closing conditions. The Pre-Merger Closing Distribution will be payable to MRCC stockholders of record as of a time prior to effectiveness of the Merger.
Payment of the Pre-Merger Closing Distribution is contingent upon the closing conditions set forth in the definitive agreement relating to the asset sale and merger, including (1) receipt of MRCC stockholder approval of the MRCC proposals relating to the transactions to be voted on at MRCC’s special meeting of stockholders currently scheduled for March 13, 2026 and (2) receipt of HRZN stockholder approval of the HRZN proposals relating to the transactions to be voted on at HRZN’s special meeting of stockholders currently scheduled for March 13, 2026, each as described in MRCC and HRZN’s joint proxy statement/prospectus.
Management Commentary
“We are pleased to announce the planned increase in MRCC’s final special distribution to MRCC’s legacy stockholders and the HRZN Board of Directors’ intent to supplement the combined company’s regular monthly distributions for two quarters post-closing, which will provide enhanced value to MRCC’s stockholders,” said Theodore L. Koenig, Chairman & Chief Executive Officer of Monroe Capital. “These value enhancements were announced following discussions with each of the MRCC and HRZN Boards of Directors and their special committees. We appreciate our stockholders’ support and constructive engagement throughout this process and believe that these enhancements deliver increased near-term value to MRCC stockholders while maintaining the full long-term benefits of the transaction.”
Michael P. Balkin, Chief Executive Officer of Horizon Technology Finance, added, “We believe the enhancements are helpful for ensuring MRCC stockholder support for the merger and demonstrate our commitment to completing this compelling transaction. We will work carefully and strategically to deploy the proceeds of the merger and our available leverage, investing thoughtfully and deliberately with the goal of creating meaningful long-term benefits for our shareholders, including the potential for higher earnings and greater portfolio diversification.”
MRCC Special Meeting of Stockholders
The MRCC special meeting is currently scheduled for March 13, 2026, at 2:30 p.m., ET. MRCC urges its stockholders to cast their votes by following the instructions outlined in the joint proxy statement/prospectus. Stockholders of MRCC can also access the virtual meeting and vote by going to the following website: www.virtualshareholdermeeting.com/MRCC2025SM2, or by calling 1-800-690-6903 and providing the control number which is listed in the proxy card received.
Stockholders who have already voted do not need to recast their votes. Stockholders who have not already voted or wish to change their vote are encouraged to do so using the instructions provided in their voting instruction form or proxy card.
MRCC investors with questions about the transactions or how to vote their shares may contact MRCC’s proxy solicitor, Broadridge, at 833-501-4817. Additional information is available at www.proxyvote.com.
About Monroe Capital Corporation
Monroe Capital Corporation is an externally managed, publicly traded BDC (NASDAQ: MRCC) that primarily invests in senior, unitranche and junior secured debt of U.S. middle-market companies. Its investment adviser is Monroe Capital BDC Advisors, LLC, a registered investment adviser and affiliate of Monroe Capital LLC.
Forward-Looking Statements
Some of the statements in this communication constitute forward-looking statements because they relate to future events, future performance or financial condition of MRCC or HRZN or the proposed sale of assets by MRCC to MCIP and the proposed merger of MRCC with and into HRZN. All statements, other than historical facts, including but not limited to statements regarding the expected timing of the closing of the proposed transactions; the expected timing or amount of payments of dividends or distributions by MRCC and/or HRZN, including all or any portion of the Pre-Merger Closing Distribution or the HRZN Supplemental Distributions; the ability of the parties to complete the proposed transactions considering the various closing conditions; the expected benefits of the proposed transactions such as improved operations, enhanced revenues and cash flow, growth potential, market profile and financial strength; the competitive ability and position of the surviving companies following completion of the proposed transactions; and any assumptions underlying any of the foregoing, are forward-looking statements. Forward-looking statements concern future circumstances and results and other statements that are not historical facts and are sometimes identified by the words “may,” “will,” “should,” “potential,” “intend,” “expect,” “endeavor,” “seek,” “anticipate,” “estimate,” “overestimate,” “underestimate,” “believe,” “could,” “project,” “predict,” “continue,” “target” or other similar words or expressions. Forward-looking statements are based upon current plans, estimates and expectations that are subject to risks, uncertainties and assumptions. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove to be incorrect, actual events and results may vary materially from those indicated or anticipated by such forward-looking statements. The inclusion of such statements should not be regarded as a representation that such plans, estimates or expectations will be achieved. Certain factors could cause actual results and conditions to differ materially from those projected, including, without limitation, the uncertainties associated with (i) the timing or likelihood of the proposed transactions closing; (ii) the expected synergies and savings associated with the proposed transactions; (iii) the ability to realize the anticipated benefits of the proposed transactions; (iv) the possibility that one or more of the various closing conditions to the transactions may not be satisfied or waived on a timely basis or otherwise, including risks that a governmental entity may prohibit, delay or refuse to grant approval for the consummation of the proposed transactions, may require conditions, limitations or restrictions in connection with such approvals or that the required approvals by the shareholders of MRCC and/or HRZN may not be obtained; (v) the possibility that competing offers or acquisition proposals will be made; (vi) risks related to diverting management's attention from ongoing business operations; (vii) the combined company’s plans, expectations, objectives and intentions, as a result of the transactions; (viii) the future operating results and net investment income, net asset value or distribution projections of MRCC, HRZN or, following the closing of the transactions, the combined company; (ix) the ability of HTFM to implement its future plans with respect to the combined company; (x) the expected financings and investments and additional leverage that MRCC, HRZN or, following the closing of the transactions, the combined company may seek to incur in the future; (xi) the adequacy of the cash resources and working capital of MRCC, HRZN or, following the closing of the transactions, the combined company; (xii) the risk that shareholder litigation in connection with the proposed transactions may result in significant costs of defense and liability; (xiii) changes in the economy, financial markets and political environment, including the impacts of inflation and interest rates; (xiv) risks associated with possible disruption in the operations of MRCC and/or HRZN or the economy generally due to terrorism, war or other geopolitical conflict, natural disasters, tariffs or public health crises and epidemics; (xv) future changes in laws or regulations (including the interpretation of these laws and regulations by regulatory authorities); (xvi) conditions in MRCC’s and HRZN’s operating areas, particularly with respect to business development companies or regulated investment companies; and (xvii) other considerations that may be disclosed from time to time in MRCC’s and HRZN's publicly disseminated documents and filings. There is no assurance that the market price of HRZN’s shares, either absolutely or relative to net asset value, will increase as a result of any share repurchases, to the extent effectuated, or that any repurchase plan will enhance shareholder value over the long term. HRZN and MRCC have based the forward-looking statements included in this communication on information available to them on the date hereof, and neither HRZN, MRCC nor their affiliates assume any obligation to update any such forward-looking statements. Although HRZN and MRCC undertake no obligation to revise or update any forward-looking statements, whether as a result of new information, future events or otherwise, you are advised to consult any additional disclosures that HRZN and MRCC may make directly to you or through reports that they have filed with the Securities and Exchange Commission (the “SEC”), or in the future may file with the SEC, including the Joint Proxy Statement and the Registration Statement (each as defined below), annual reports on Form 10-K, quarterly reports on Form 10-Q and current reports on Form 8-K.
Additional Information and Where to Find It
This communication relates to the proposed asset sale between MRCC and MCIP and the proposed merger of HRZN and MRCC, as well as certain related matters (the “Proposals”). In connection with the Proposals, HRZN has filed with the SEC a registration statement on Form N-14 (File No. 333-290114) (the “Registration Statement”) that contains a combined joint proxy statement for HRZN and MRCC and a prospectus of HRZN (the “Joint Proxy Statement”), and HRZN and MRCC have mailed the Joint Proxy Statement to their respective shareholders. The Joint Proxy Statement and the Registration Statement each contain important information about HRZN, MRCC, and the Proposals. This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act of 1933, as amended. SHAREHOLDERS OF HRZN AND MRCC ARE URGED TO READ THE JOINT PROXY STATEMENT, THE REGISTRATION STATEMENT, AND OTHER DOCUMENTS THAT ARE FILED OR WILL BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT HRZN, MRCC, AND THE PROPOSALS.
Investors and security holders will be able to obtain the documents filed with the SEC free of charge at the SEC’s website, http://www.sec.gov or, for documents filed by HRZN, from HRZN’s website at https://ir.horizontechfinance.com/ and, for documents filed by MRCC, from MRCC’s website at https://ir.monroebdc.com/. No information contained on either of HRZN’s or MRCC’s website is incorporated by reference in this communication and you should not consider that information to be part of this communication.
Participants in the Solicitation
HRZN, its directors, certain of its executive officers and certain employees and officers of HTFM or Monroe Capital LLC (“Monroe Capital”) and their affiliates may be deemed to be participants in the solicitation of proxies from the shareholders of MRCC and HRZN in respect of the Proposals. Information about the directors and executive officers of HRZN is set forth in its definitive proxy statement on Schedule 14A for its 2025 Annual Meeting of Stockholders, which was filed with the SEC on April 17, 2025 (as modified by the amendment to the definitive proxy statement on Schedule 14A for its 2025 Annual Meeting of Stockholders filed with the SEC on May 15, 2025, the “HRZN Proxy Statement”), and in the Joint Proxy Statement, each as modified or supplemented by any Form 3 or Form 4 filed with the SEC since the date of the Joint Proxy Statement or HRZN Proxy Statement, as applicable. MRCC, its directors, certain of its executive officers and certain employees and officers of Monroe Capital BDC Advisors, LLC or Monroe Capital and their affiliates may be deemed to be participants in the solicitation of proxies from the shareholders of MRCC and HRZN in respect of the Proposals. Information about the directors and executive officers of MRCC is set forth in its proxy statement for its 2025 Annual Meeting of Stockholders (the “MRCC Proxy Statement”), which was filed with the SEC on April 21, 2025, and in the Joint Proxy Statement, each as modified or supplemented by any Form 3 or Form 4 filed with the SEC since the date of the Joint Proxy Statement or MRCC Proxy Statement, as applicable. Information regarding the persons who may, under the rules of the SEC, be considered participants in the solicitation of the HRZN and MRCC shareholders in respect of the proposed transactions and related shareholder approvals is contained in the Registration Statement, including the Joint Proxy Statement included therein, and will be contained in other relevant materials when such documents become available. These documents may be obtained free of charge from the sources indicated above.
No Offer or Solicitation
This document is not, and under no circumstances is it to be construed as, a prospectus or an advertisement, and the communication of this document is not, and under no circumstances is it to be construed as, an offer to sell or a solicitation of an offer to purchase any securities in HRZN or MRCC or in any fund or other investment vehicle managed by Monroe Capital or any of its affiliates.
Revenues of $263.5 million for the quarter ended January 25, 2026; operating earnings of $8.2 million; and net loss from continuing operations of $0.2 million (0.00 $ per share).Adjusted operating earnings before depreciation and amortization(1) of $33.1 million for the quarter ended January 25, 2026; adjusted operating earnings(1) of $17.5 million; and adjusted net earnings from continuing operations(1) of $6.7 million ($0.08 per share).Subsequent to the closing of the first quarter of fiscal year 2026, announcement of the closing of the sale of the Packaging Business.Appointment of Sam Bendavid as Chief Executive Officer, effective April 6, 2026. (1) Please refer to the "Non-IFRS Financial Measures" section of this press release for a definition of these measures.
MONTRÉAL, March 10, 2026 (GLOBE NEWSWIRE) -- Transcontinental Inc. (TSX: TCL.A TCL.B) announces its results for the first quarter of fiscal year 2026 ended January 25, 2026.
"The closing of the sale of our packaging activities allows us to begin a new chapter of our history and focus our resources on our retail services and printing activities, as well as our educational publishing activities," said Thomas Morin, President and Chief Executive Officer of TC Transcontinental.
"The recent acquisitions in our in-store marketing activities enabled us to partially offset the slowdown in our traditional activities as well as the impact of strategic price concessions to secure our traditional activities. Despite a challenging start to our fiscal year, we remain confident that we will deliver adjusted operating earnings before depreciation and amortization from continuing operations for fiscal year 2026 that will be similar to fiscal year 2025 at the consolidated level. Lastly, building on the three acquisitions we completed last year and aligned with our growth strategy in growth activities that include in-store marketing, we expect to close another acquisition in this segment in the next few weeks, and I am confident in our growth plan."
"Furthermore, the sale of our packaging activities will contribute to reducing significantly our net indebtedness during fiscal year 2026," added Donald LeCavalier, Executive Vice President and Chief Financial Officer of TC Transcontinental. "Our balance sheet is solid, and we are well positioned to benefit from growth opportunities in our retail services and printing activities as well as in our educational publishing activities."
Financial Highlights
(for continuing operations, in millions of dollars, except per share amounts)
Q1-2026
Q1-2025 Variation
in %
Restated(1) Revenues$263.5 $257.7 2.3%Operating earnings before depreciation and amortization 26.1 36.7 (28.9)Adjusted operating earnings before depreciation and amortization(2) 33.1 40.3 (17.9)Operating earnings 8.2 18.8 (56.4)Adjusted operating earnings(2) 17.5 23.4 (25.2)Net earnings (loss) (0.2) 4.8 (104.2)Net earnings per share — 0.06 (100.0)Adjusted net earnings(2) 6.7 8.2 (18.3)Adjusted net earnings per share(2) 0.08 0.10 (20.0) (1) Please refer to the "Discontinued Operations and Reclassification of Comparative Figures" section and Table #2 in the "Accounting Restatements" section of the Management’s Discussion and Analysis for an explanation of the restated data presented above.
(2) Please refer to the "Reconciliation of Non-IFRS Financial Measures" section of this Press Release for the adjusted data presented above.
Results for the First Quarter of Fiscal Year 2026
Revenues increased by $5.8 million, or 2.3%, from $257.7 million in the first quarter of fiscal year 2025 to $263.5 million in the first quarter of fiscal year 2026. This increase is mostly attributable to our recent acquisitions and the favourable exchange rate effect, partially mitigated by lower volume and price concessions in the Retail Services and Printing Sector.
Operating earnings before depreciation and amortization decreased by $10.6 million, or 28.9%, from $36.7 million in the first quarter of fiscal 2025 to $26.1 million in the first quarter of fiscal 2026. This decrease is mainly due to lower volume and price concessions in the Retail Services and Printing Sector, an increase in asset impairment charges and the unfavourable impact of incentive compensation reflecting, among others, the increase in share price, partially offset by our recent acquisitions and the favourable exchange rate effect.
Adjusted operating earnings before depreciation and amortization decreased by $7.2 million, or 17.9%, from $40.3 million in the first quarter of fiscal 2025 to $33.1 million in the first quarter of fiscal 2026. This decrease is mainly due to lower volume and price concessions in the Retail Services and Printing Sector and the unfavourable impact of incentive compensation reflecting, among others, the increase in share price, partially offset by our recent acquisitions and the favourable exchange rate effect.
Net earnings (loss) from continuing operations decreased by $5.0 million, or 104.2%, from earnings of $4.8 million in the first quarter of fiscal year 2025 to a loss of $0.2 million in the first quarter of fiscal year 2026. This decrease is mainly due to the previously explained decline in operating earnings before depreciation and amortization, partially mitigated by lower income taxes and, to a lesser extent, the decrease in financial expenses. On a per share basis, net earnings attributable to shareholders of the Corporation from continuing operations decreased by 100.0%, from $0.06 to nil, respectively.
Adjusted net earnings decreased by $1.5 million, or 18.3%, from $8.2 million in the first quarter of fiscal year 2025 to $6.7 million in the first quarter of fiscal year 2026. This decrease is mainly due to the previously explained decline in adjusted operating earnings before depreciation and amortization, partially mitigated by lower income taxes and, to a lesser extent, the decrease in financial expenses. On a per share basis, adjusted net earnings from continuing operations decreased by 20.0%, from $0.10 to $0.08, respectively.
For more detailed financial information, please see the Management’s Discussion and Analysis for the first quarter of fiscal year 2026 ended January 25, 2026, as well as the financial statements in the “Investors” section of our website at www.tc.tc.
Outlook
The closing of the sale of our Packaging Business represents a key milestone for TC Transcontinental. This transaction will allow us to focus our resources on our Retail Services & Printing and Educational Publishing activities.
We anticipate lower volume in our traditional activities, including book printing which experienced very high growth in fiscal year 2025. This decrease should be partially offset by growth in our in-store marketing activities, including the positive impact of acquisitions.
At the consolidated level, we expect adjusted operating earnings before depreciation and amortization from continuing operations for fiscal year 2026 to remain stable compared to fiscal year 2025.
Lastly, we expect to continue generating significant cash flows from operating activities, which will enable us to continue to reduce net indebtedness while investing in our growth. We also expect our adjusted net indebtedness ratio to increase over the next two quarters before improving in the fourth quarter of fiscal year 2026.
Non-IFRS Financial Measures
In this document, unless otherwise indicated, all financial data are prepared in accordance with International Financial Reporting Accounting Standards ("IFRS") and the term "dollar", as well as the symbol "$" designate Canadian dollars.
In addition, in this press release, we also use certain non-IFRS financial measures for which a complete definition is presented below and for which a reconciliation to financial information in accordance with IFRS is presented in the "Reconciliation of Non-IFRS Financial Measures" section and in Note 4 "Segmented Information" to the condensed interim consolidated financial statements for the first quarter ended January 25, 2026.
Terms UsedDefinitionsAdjusted operating earnings before depreciation and amortizationOperating earnings before depreciation and amortization including realized gains (losses) on non-designated foreign exchange contracts and excluding restructuring and other costs (revenues) as well as impairment of assets.
This measure is used to assess the operating performance of the Corporation and its sectors on a comparable basis.Adjusted operating earningsOperating earnings including realized gains (losses) on non-designated foreign exchange contracts and excluding restructuring and other costs (revenues), amortization of intangible assets arising from business combinations as well as impairment of assets.
This measure is used to better assess the current operating performance of the Corporation and its sectors on a comparable basis.Adjusted income taxesIncome taxes before income taxes on restructuring and other costs (revenues), amortization of intangible assets arising from business combinations, impairment of assets as well as the recognition of previous years tax assets of an acquired company.Adjusted net earningsNet earnings (loss) from continuing operations before restructuring and other costs (revenues), amortization of intangible assets arising from business combinations and impairment of assets, net of related income taxes as well as the recognition of previous years tax assets of an acquired company.
This measure is used to assess the financial performance of the Corporation and its sectors on a comparable basis.Net indebtednessTotal of long-term debt, of current portion of long-term debt, of lease liabilities and of current portion of lease liabilities, less cash.
This measure is used to calculate the net indebtedness ratio.Adjusted net indebtednessNet indebtedness including long-term debt, current portion of long-term debt, lease liabilities and current portion of lease liabilities reclassified to liabilities held for sale.
This measure is used to calculate the adjusted net indebtedness ratio.Net indebtedness ratioNet indebtedness divided by the last 12 months’ adjusted operating earnings before depreciation and amortization.
This ratio is used by the Corporation to measure its ability to repay its debts and assess its financial leverage.Adjusted net indebtedness ratioAdjusted net indebtedness divided by the last 12 months' adjusted operating earnings before depreciation and amortization, including adjusted operating earnings before depreciation and amortization from discontinued operations.
This ratio is used by the Corporation to measure its ability to repay its debts and assess its financial leverage.
Reconciliation of Non-IFRS Financial Measures
The financial information has been prepared in accordance with IFRS. However, financial measures used, namely adjusted operating earnings before depreciation and amortization, adjusted operating earnings margin before depreciation and amortization, adjusted operating earnings, adjusted operating earnings margin, adjusted income taxes, adjusted net earnings from continuing operations, adjusted net earnings per share from continuing operations, net indebtedness, adjusted net indebtedness, the net indebtedness ratio and the adjusted net indebtedness ratio, for which a reconciliation is presented in the following table, are not defined by IFRS. They may be calculated differently and may not be comparable to similar measures presented by other companies. We believe that many of our readers analyze the financial performance of the Corporation’s activities based on these non-IFRS financial measures as such measures may allow for easier comparisons between periods. These measures should be considered as a complement to financial performance measures in accordance with IFRS. They do not substitute and are not superior to them.
The Corporation also believes that these measures are useful indicators of the performance of its operations and its ability to meet its financial obligations. Furthermore, management also uses some of these non-IFRS financial measures to assess the performance of its activities and managers.
Reconciliation of operating earnings from continuing operations - First quarter Three months ended January 25, 2026 January 26, 2025(in millions of dollars) RestatedOperating earnings$8.2 $18.8Excluding Restructuring and other costs 3.5 3.6Amortization of intangible assets arising from business combinations(1) 2.3 1.0Impairment of assets 3.5 —Adjusted operating earnings$17.5 $23.4Depreciation and amortization(2) 15.6 16.9Adjusted operating earnings before depreciation and amortization$33.1 $40.3 (1) Amortization of intangible assets arising from business combinations includes our customer relationships, educational book titles, non-compete agreements, trade names with finite useful lives and rights of first refusal.
(2) Depreciation and amortization excludes the amortization of intangible assets arising from business combinations.
Reconciliation of operating earnings - First quarter for the Retail Services and Printing Sector Three months ended January 25, 2026 January 26, 2025(in millions of dollars) RestatedOperating earnings$22.3 $26.9Excluding Restructuring and other costs 2.4 3.1Amortization of intangible assets arising from business combinations(1) 2.1 0.6Impairment of assets 3.5 —Adjusted operating earnings$30.3 $30.6Depreciation and amortization(2) 9.3 10.5Adjusted operating earnings before depreciation and amortization$39.6 $41.1 (1) Amortization of intangible assets arising from business combinations includes our customer relationships, non-compete agreements and trade names with finite useful lives.
(2) Depreciation and amortization excludes the amortization of intangible assets arising from business combinations.
Reconciliation of operating earnings - First quarter for the Other Sector Three months ended January 25, 2026 January 26, 2025(in millions of dollars) RestatedOperating earnings$(14.1) $(8.1)Excluding Restructuring and other costs 1.1 0.5 Amortization of intangible assets arising from business combinations(1) 0.2 0.4 Adjusted operating earnings$(12.8) $(7.2)Depreciation and amortization(2) 6.3 6.4 Adjusted operating earnings before depreciation and amortization$(6.5) $(0.8) (1) Amortization of intangible assets arising from business combinations includes our rights of first refusal and educational book titles.
(2) Depreciation and amortization excludes the amortization of intangible assets arising from business combinations.
Reconciliation of net earnings from continuing operations - First quarter Three months ended January 25, 2026 January 26, 2025(in millions of dollars, except per share amounts) RestatedNet earnings (loss)$(0.2) $4.8 Excluding Restructuring and other costs 3.5 3.6 Tax on restructuring and other costs (0.9) (0.9)Amortization of intangible assets arising from business combinations(1) 2.3 1.0 Tax on amortization of intangible assets arising from business combinations (0.6) (0.3)Impairment of assets 3.5 — Tax on impairment of assets (0.9) — Adjusted net earnings$6.7 $8.2 Net earnings attributable to shareholders of the Corporation per share $— $0.06 Adjusted net earnings per share$0.08 $0.10 Weighted average number of shares outstanding 83.6 84.2 (1) Amortization of intangible assets arising from business combinations includes our customer relationships, educational book titles, non-compete agreements, trade names with finite useful lives and rights of first refusal.
Reconciliation of net indebtedness As at January 25, 2026 As at October 26, 2025(for continuing operations, in millions of dollars, except for ratios) RestatedLong-term debt$438.3 $417.6 Current portion of long-term debt 252.2 253.2 Lease liabilities 49.6 91.1 Current portion of lease liabilities 12.1 25.5 Cash (43.0) (47.0)Net indebtedness$709.2 $740.4 Adjusted operating earnings before depreciation and amortization (last 12 months)$204.7 $211.9 Net indebtedness ratio3.46x 3.49x Reconciliation of adjusted net indebtedness (last 12 months) As at January 25, 2026 As at October 26, 2025(in millions of dollars, except for ratios) RestatedNet indebtedness$709.2 $740.4 Including Long-term debt held for sale 1.1 — Lease liabilities held for sale 53.7 — Adjusted net indebtedness$764.0 $740.4 Adjusted operating earnings before depreciation and amortization - continuing operations$204.7 $211.9 Including these items from discontinued operations Operating earnings 107.1 145.9 Realized gains on non-designated foreign exchange contracts(1) 0.6 0.8 Excluding these items from discontinued operations Restructuring and other costs (revenues) 25.7 (30.7)Amortization of intangible assets from business combinations(2) 44.9 54.4 Depreciation and amortization(3) 69.2 83.3 Adjusted operating earnings before depreciation and amortization including discontinued operations$452.2 $465.6 Adjusted net indebtedness ratio1.69x 1.59x (1) To mitigate the impact of foreign currency fluctuations when consolidating the Packaging Sector's earnings, the Corporation sometimes uses foreign exchange contracts. These contracts are not designated as part of a hedge accounting relationship, and resulting exchange gains or losses are added to adjusted operating earnings and adjusted operating earnings before depreciation and amortization.
(2) Amortization of intangible assets arising from business combinations include our customer relationships.
(3) Depreciation and amortization excludes the amortization of intangible assets arising from business combinations.
Dividend
Following the sale of the Packaging Business completed on March 6, 2026, and subject to the approval of some changes by the shareholders of the Corporation at the Annual and Special meeting of shareholders to be held on March 10, 2026, the Corporation intends to declare a special distribution of $20.00 per share on Class A Subordinate Voting Shares and Class B Shares.
Additional information
Conference Call
Upon releasing its results for the first quarter of fiscal year 2026, the Corporation will hold a conference call for the financial community on March 10, 2026, at 4:00 p.m. The dial-in numbers are 1-289-514-5100 or 1-800-717-1738. Media may hear the call in listen-only mode or tune in to the simultaneous audio broadcast on TC Transcontinental’s website, which will then be archived for 30 days. For media requests or interviews, please contact Laurence Boucicault, Senior Advisor, Corporate Communications of TC Transcontinental, at 438-226-0469.
Profile
Founded 50 years ago and 4,000 employees strong, Transcontinental Inc. (TSX: TCL.A TCL.B), known under the TC Transcontinental brand, is a Canadian retail marketing services company, Canada's largest printer, and the Canadian leader in French-language educational publishing. Driven by the vision of a more informed, educated and prosperous society, TC Transcontinental propels its clients' success across the retail, education, book and information industries. With agility, creativity and boldness, we design and deliver innovative, high-value products and services.
The Corporation's revenues from continuing operations were $1.1 billion for the fiscal year ended October 26, 2025. Until the sale of its Packaging Sector to ProAmpac, which was completed on March 6, 2026, the Corporation was also a North American leader in flexible packaging with approximately 3,600 employees, and revenues from the Corporation's discontinued operations were $1.6 billion for the fiscal year ended October 26, 2025. For more information, please visit www.tc.tc.
Forward-looking Statements
Our public communications often contain oral or written forward-looking statements which are based on the expectations of management and inherently subject to a certain number of risks and uncertainties, known and unknown. By their very nature, forward-looking statements are derived from both general and specific assumptions. The Corporation cautions against undue reliance on such statements since actual results or events may differ materially from the expectations expressed or implied in them. Forward-looking statements may include observations concerning the Corporation's objectives, strategy, anticipated financial results and business outlook. The Corporation's future performance may also be affected by a number of factors, many of which are beyond the Corporation's will or control. These factors include, but are not limited to the impact of digital product development and adoption, the impact of changes in the participants in the distribution of newspapers and printed advertising materials and the disruption in their activities resulting mainly from labour disputes, including at Canada Post, the impact of regulations or legislation regarding door-to-door distribution on the printing of paper flyers or printed advertising materials, inflation and recession risks, economic conditions and geopolitical uncertainty, environmental risks as well as adoption of new regulations or amendments and changes to consumption habits, risk of an operational disruption that could be harmful to its ability to meet deadlines, the worldwide outbreak of a disease, a virus or any other contagious disease could have an adverse impact on the Corporation’s operations, the ability to generate organic long-term growth and face competition, a significant increase in the cost of raw materials, the availability of those materials and energy consumption could have an adverse impact on the Corporation’s activities, the ability to complete business acquisitions and disposals and properly integrate acquisitions, cybersecurity, data protection, warehousing and usage, the impact of digital product development and adoption on the demand for printed products other than flyers, the failure of patents, trademarks and confidentiality agreements to protect intellectual property, a difficulty to attract and retain employees in the main operating sectors, the safety and quality of packaging products used in the food industry, bad debts from certain customers, import and export controls, duties, tariffs or taxes, exchange rate fluctuations, increase in market interest rates with respect to its financial instruments as well as availability of capital at a reasonable cost, the legal risks related to its activities and the compliance of its activities with applicable regulations, the impact of major market fluctuations on the solvency of defined benefit pension plans, changes in tax legislation and disputes with tax authorities or amendments to statutory tax rates in force, the impact of impairment tests on the value of assets and a conflict of interest between the controlling shareholder and other shareholders. The main risks, uncertainties and factors that could influence actual results are described in the Management's Discussion and Analysis for the fiscal year ended October 26, 2025 and in the latest Annual Information Form.
Unless otherwise indicated by the Corporation, forward-looking statements do not take into account the potential impact of non-recurring or other unusual items, nor of disposals, business combinations, mergers or acquisitions which may be announced or entered into after the date of March 10, 2026. The forward-looking statements in this press release are made pursuant to the “safe harbour” provisions of applicable Canadian securities legislation. The forward-looking statements in this release are based on current expectations and information available as at March 10, 2026. Such forward-looking information may also be found in other documents filed with Canadian securities regulators or in other communications. The Corporation's management disclaims any intention or obligation to update or revise these statements unless otherwise required by the securities authorities.
For information:
CONSOLIDATED STATEMENTS OF EARNINGS Unaudited (in millions of Canadian dollars, unless otherwise indicated and per share data) Three months ended
January 25, 2026 January 26, 2025 Restated Revenues $263.5 $257.7 Operating expenses 230.4 217.4 Restructuring and other costs 3.5 3.6 Impairment of assets 3.5 — Operating earnings before depreciation and amortization 26.1 36.7 Depreciation and amortization 17.9 17.9 Operating earnings 8.2 18.8 Net financial expenses 9.3 9.7 (Loss) earnings before income taxes (1.1) 9.1 (Recovery) Income taxes (0.9) 4.3 Net (loss) earnings from continuing operations (0.2) 4.8 Net earnings from discontinued operations 30.1 51.9 Net earnings 29.9 56.7 Non-controlling interests 0.2 0.1 Net earnings attributable to shareholders of the Corporation$29.7 $56.6 Net earnings attributable to shareholders of the Corporation per share - basic and diluted Continuing operations $— $0.06 Discontinued operations0.36 0.61 $0.36 $0.67 Weighted average number of shares outstanding - basic and diluted (in millions) 83.6 84.2 CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOMEUnaudited(in millions of Canadian dollars) Three months ended January 25, 2026 January 26, 2025 Restated
Net earnings$29.9 $56.7 Other comprehensive (loss) income Items that may be subsequently reclassified to net earnings Net change related to cash flow hedges Net change in the fair value of designated derivatives - foreign exchange risk6.0 (10.0)Net change in the fair value of designated derivatives - interest rate risk0.6 1.4 Reclassification of the net change in the fair value of designated derivatives recognized in net earnings during the period0.4 2.0 Related income taxes (recovery)1.8 (1.8) 5.2 (4.8) Cumulative translation differences Net unrealized exchange (losses) gains on the translation of the financial statements of foreign operations(31.0)54.1 Reclassification to net earnings of net exchange gains on the translation of the financial statements of foreign operations during the period— (8.2)Net gains (losses) on hedge of the net investment in foreign operations8.3 (24.4)Related income taxes0.6 1.5 (23.3)20.0 Items that will not be reclassified to net earnings Changes related to defined benefit plans Actuarial (losses) gains on defined benefit plans(1.8)0.6 Related income taxes (recovery)(0.5)0.1 (1.3)0.5 Other comprehensive (loss) income(19.4)15.7 Comprehensive income$10.5 $72.4 Comprehensive income from continuing operations$2.0 $1.6 Comprehensive income from discontinued operations8.5 70.8 CONSOLIDATED STATEMENTS OF CHANGES IN EQUITYUnaudited(in millions of Canadian dollars) Accumulated
other
Non-
Share
Contributed
Retained
comprehensive
controlling
Total
capital
surplus
earnings
income
Total
interests
equity
Balance as at October 26, 2025 - As reported $611.4 $0.9 $1,258.3 $42.3 $1,912.9 $5.9 $1,918.8 Restatement — — (8.7) — (8.7) — (8.7)Balance as at October 26, 2025 - Restated 611.4 0.9 1,249.6 42.3 1,904.2 5.9 1,910.1 Net earnings — — 29.7 — 29.7 0.2 29.9 Other comprehensive loss — — — (19.4) (19.4) — (19.4)Shareholders' contributions and distributions to shareholders Dividends — — (18.8) — (18.8) — (18.8)Balance as at January 25, 2026 $611.4 $0.9 $1,260.5 $22.9 $1,895.7 $6.1 $1,901.8 Balance as at October 27, 2024 - As reported $619.2 $0.9 $1,237.5 $51.7 $1,909.3 $5.5 $1,914.8 Restatement — — (8.3) — (8.3) — (8.3)Balance as at October 27, 2024 - Restated 619.2 0.9 1,229.2 51.7 1,901.0 5.5 1,906.5 Net earnings - Restated — — 56.6 — 56.6 0.1 56.7 Other comprehensive income — — — 15.7 15.7 — 15.7 Shareholders' contributions and distributions to shareholders Share repurchases and related income taxes (7.8) — 8.8 — 1.0 — 1.0 Dividends — — (18.9) — (18.9) — (18.9)Balance as at January 26, 2025 - Restated $611.4 $0.9 $1,275.7 $67.4 $1,955.4 $5.6 $1,961.0 CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
Unaudited
(in millions of Canadian dollars)
As at As at January 25, 2026 October 26, 2025 Restated Current assets Cash $43.0 $47.0 Accounts receivable 187.0 468.1 Income taxes receivable 7.8 7.2 Inventories 95.0 372.7 Prepaid expenses and other current assets 26.3 25.0 Assets held for sale 2,153.6 12.0 2,512.7 932.0 Property, plant and equipment 130.6 725.5 Right-of-use assets 49.7 98.5 Intangible assets 126.6 328.0 Goodwill 396.2 1,179.5 Deferred taxes 41.7 47.3 Other assets 16.3 30.0 $3,273.8 $3,340.8 Current liabilities Accounts payable and accrued liabilities $211.6 $435.2 Income taxes payable 1.8 3.5 Deferred revenues and deposits 23.7 14.5 Current portion of long-term debt 252.2 253.2 Current portion of lease liabilities 12.1 25.5 Liabilities held for sale 252.2 — 753.6 731.9 Long-term debt 438.3 417.6 Lease liabilities 49.6 91.1 Deferred taxes 35.0 69.1 Other liabilities 95.5 121.0 1,372.0 1,430.7 Equity Share capital 611.4 611.4 Contributed surplus 0.9 0.9 Retained earnings 1,260.5 1,249.6 Accumulated other comprehensive income 22.9 42.3 Attributable to shareholders of the Corporation 1,895.7 1,904.2 Non-controlling interests 6.1 5.9 1,901.8 1,910.1 $3,273.8 $3,340.8 CONSOLIDATED STATEMENTS OF CASH FLOWS
Unaudited
(in millions of Canadian dollars)
January 25, 2026
January 26, 2025
Restated
Operating activities Net earnings$29.9 $56.7 Less : Net earnings from discontinued operations30.1 51.9 Net (loss) earnings from continuing operations$(0.2)$4.8 Adjustments to reconcile net earnings and cash flows from operating activities: Impairment of assets3.5 — Depreciation and amortization17.9 17.9 Financial expenses on long-term debt and lease liabilities8.1 11.7 Net gains on disposal of assets(0.4)(0.2)(Recovery) Income taxes(0.9)4.3 Net foreign exchange differences and other0.3 0.5 Cash flows generated by operating activities before changes in non-cash operating items and income taxes paid28.3 39.0 Changes in non-cash operating items(10.8)(36.4)Income taxes paid(6.7)(5.6)Cash flows from operating activities of continuing operations10.8 (3.0) Investing activities Business combinations, net of acquired cash(0.2)— Acquisitions of property, plant and equipment(5.1)(3.6)Disposals of property, plant and equipment and other0.6 0.1 Increase in intangible assets(6.8)(7.2)Cash flows from investing activities of continuing operations(11.5)(10.7) Financing activities Reimbursement of long-term debt(0.6)(0.5)Net increase in credit facilities28.0 — Financial expenses paid on long-term debt and credit facilities(7.7)(8.2)Repayment of principal on lease liabilities(3.6)(3.4)Interest paid on lease liabilities(0.4)(0.5)Dividends(18.8)(18.9)Shares repurchased— (16.3)Cash flows from financing activities of continuing operations(3.1)(47.8) Effect of exchange rate changes on cash denominated in foreign currencies(0.7)5.4 Net change in cash from continuing operations(4.5)(56.1)Net change in cash from discontinued operations0.5 144.0 Cash at beginning of the period47.0 185.2 Cash at end of period$43.0 $273.1 Non-cash investing activities Net change in capital asset acquisitions financed by accounts payable$(2.4)$(0.5)
2026-03-10 13:261mo ago
2026-03-10 09:151mo ago
Hilton Introduces the Hilton AI Planner, Advancing the Future of Curated Travel Discovery
MCLEAN, Va.--(BUSINESS WIRE)--Hilton today announced its new Hilton AI Planner, a generative AI–powered digital concierge that helps travelers explore the company's global portfolio of hotels and plan memorable stays with Hilton. The introduction of the Hilton AI Planner, now in beta testing at hilton.com, addresses the growing use of AI tools for travel planning and underscores Hilton's long-standing commitment to innovation and investment in technologies that enhance the guest experience. The.
2026-03-10 13:261mo ago
2026-03-10 09:151mo ago
Horizon Technology Finance Corporation Announces Intent to Supplement Regular Monthly Distributions for Combined Company Stockholders Following Merger With Monroe Capital Corporation
FARMINGTON, Conn.--(BUSINESS WIRE)--Horizon Technology Finance Corporation (NASDAQ: HRZN) (“HRZN”), an affiliate of Monroe Capital LLC, today announced its Board of Directors' intent to supplement HRZN's regular monthly distributions to HRZN stockholders following the closing of the pending merger (the “Merger”) between HRZN and Monroe Capital Corporation (“MRCC”). As previously announced, following the Merger, HRZN will be the surviving public entity and will continue to be managed by Horizon.
2026-03-10 13:261mo ago
2026-03-10 09:151mo ago
Smart Eye Secures Two Additional Driver Monitoring System Design Wins with European Truck OEM
GOTHENBURG, SWEDEN / ACCESS Newswire / March 10, 2026 / Smart Eye (STO:SEYE)(OTC PINK:SMTEF)(FRA:SE9) will supply its DMS software for two new truck models from an existing European customer. The estimated revenue of the order is SEK 15 million based on product life cycle projections.
Smart Eye, a global leader in Driver Monitoring System (DMS) software for the automotive industry, has been selected to provide its technology for two upcoming truck models from a major European truck manufacturer.
The project was secured together with a global Tier 1 supplier and builds on Smart Eye's established relationship with the manufacturer. The OEM has already integrated Smart Eye's DMS software across several vehicle programs and is now expanding its use to two additional truck models.
Production of the new truck models equipped with Smart Eye's DMS is scheduled to begin in 2028. Based on projected product life cycle volumes, the estimated revenue from the program is SEK 15 million.
"These two new vehicle models were expected, but are nevertheless very welcome," said Martin Krantz, CEO and Founder of Smart Eye. "We look forward to continuing our collaboration with this important customer. Having successfully delivered our first two projects together, we expect to do more business going forward."
Smart Eye has now received a total of 372 design wins from 24 OEMs. The combined estimated lifetime value from current design wins is now larger than SEK 8.790 billion. The estimated value over the product lifecycle from possible additional design wins with all 24 manufacturers is SEK 5.690 billion.
Smart Eye is the leading provider of Human Insight AI, technology that understands, supports and predicts human behavior in complex environments. The company is on a mission to bridge the gap between humans and machines for a safe and sustainable future. Supported by Affectiva and iMotions - companies it acquired in 2021 - Smart Eye's multimodal software and hardware solutions provide unparalleled insight into human behavior.
In automotive, Smart Eye's driver monitoring systems and interior sensing solutions improve road safety and the mobility experience. The company's eye tracking technology and iMotions biosensor software platform are also used in behavioral research to enable advanced research in academic and commercial sectors. In media analytics, Affectiva's Emotion AI provides the world's largest brands and market researchers with a deeper understanding of how consumers engage with content, products, and services.
Founded in 1999, Smart Eye is a global company headquartered in Sweden, with customers including NASA, Nissan, Boeing, Honeywell, Volvo, GM, BMW, Polestar, Geely, Harvard University, 28 percent of the Fortune Global 500 companies, and over 1,300 research organizations around the world.
Visit www.smarteye.ai for more information.
Visit our investor web for more financial information: https://smarteye.se/investors/
Smart Eye is listed on the Nasdaq First North Growth Market. The Company's Certified Adviser is Bergs Securities AB.
This information is information that Smart Eye is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out above, at 2026-03-10 14:00 CET.
Attachments
Smart Eye Secures Two Additional Driver Monitoring System Design Wins with European Truck OEM
SOURCE: Smart Eye
2026-03-10 13:261mo ago
2026-03-10 09:151mo ago
Matthews International Obtains Important Clarity On Matthews' Right to Sell DBE Equipment
Arbitrator Reaffirms Matthews's Right to Develop, Produce, Market and Sell Proprietary Dry Battery Electrode Solutions to Third Parties
Company Provides Clarity Regarding Recent Favorable Arbitration Decision in Its Litigation with Tesla
, /PRNewswire/ -- For the second time in twelve months, an arbitrator has recognized Matthews International Corporation's (NASDAQ GSM: MATW) ("Matthews" or the "Company") right to develop, produce, market and sell its proprietary dry battery electrode ("DBE") solutions to third parties. Specifically, on February 13, 2026, an arbitrator entered an interim decision providing additional clarity regarding Matthews' ownership of and rights in "DBE" technology that Matthews has been developing over the past two decades. Matthews successfully defeated Tesla's most meaningful claims as the arbitrator issued an interim decision denying the broad injunctive relief requested by Tesla and rejecting Tesla's attempts to prohibit the Company from selling Matthews' proprietary DBE technology and equipment.
Instead, the interim decision includes a narrow injunction preventing Matthews from using certain parts in dry battery electrode machines. Matthews already has replacement parts, and thus the injunction is not expected to materially impede Matthews' operations or sales. Importantly, this most recent ruling provides further clarity for Matthews and its customers on a going forward basis.
With the support of these rulings, Matthews will continue to sell DBE equipment and provide state-of-the-art technology offerings to its customers. This includes Matthews' next generation multi-roll calendering machine. Further, the Company's intellectual property is protected by multiple foundational patents (including US Patent Nos. US12136727, US12237494, US12334534 and US12418017) that prevent other companies from improperly claiming for themselves DBE solutions developed by Matthews.
Matthews looks forward to continuing to advance the battery manufacturing industry and supporting customers with their future roadmaps in support of the secular trend of electrification.
About Matthews International Corporation
Matthews International Corporation operates through two core global businesses – Industrial Technologies and Memorialization. Both are focused on driving operational efficiency and long-term growth through continuous innovation and strategic expansion. The Industrial Technologies segment evolved from our original marking business, which today is a leading global innovator committed to empowering visionaries to transform industries through the application of precision technologies and intelligent processes. The Memorialization segment is a leading provider of memorialization products, including memorials, caskets and cremation and incineration equipment, primarily to cemetery and funeral home customers that help families move from grief to remembrance. In addition, the Company also has a significant investment in Propelis, a brand solutions business formed through the merger of SGK and SGS & Co. Propelis delivers integrated solutions including brand creative, packaging, print solutions, branded environments, and content production. Matthews International has over 4,300 employees in 15 countries on four continents that are committed to delivering the highest quality products and services.
Forward-looking Information
Any forward-looking statements contained in this release are included pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, but are not limited to, statements regarding the expectations, hopes, beliefs, intentions or strategies of Matthews International Corporation and its consolidated subsidiaries (collectively "Matthews" or the "Company") regarding the future, including statements regarding the anticipated benefits and risks associated with the joint venture transaction with Peninsula Parent LLC, d.b.a. Propelis Group ("Propelis") and the timing thereof, and may be identified by the use of words such as "expects," "believes," "intends," "projects," "anticipates," "estimates," "plans," "seeks," "forecasts," "predicts," "objective," "targets," "potential," "outlook," "may," "will," "could" or the negative of these terms, other comparable terminology and variations thereof. Such forward-looking statements involve known and unknown risks and uncertainties that may cause the Company's actual results in future periods to be materially different from management's expectations, and no assurance can be given that such expectations will prove correct. Factors that could cause the Company's results to differ materially from the results discussed in such forward-looking statements principally include risks to our ability to achieve the anticipated benefits of the joint venture transaction with Propelis that closed in fiscal year 2025, changes in domestic or international economic conditions, changes in foreign currency exchange rates, changes in interest rates, changes in the cost of materials used in the manufacture of the Company's products, including changes in costs due to adjustments to tariffs, any impairment of goodwill or intangible assets, environmental liability and limitations on the Company's operations due to environmental laws and regulations, disruptions to certain services, such as telecommunications, network server maintenance, cloud computing or transaction processing services, provided to the Company by third-parties, changes in mortality and cremation rates, changes in product demand or pricing as a result of consolidation in the industries in which the Company operates, or other factors such as supply chain disruptions, labor shortages or labor cost increases, changes in product demand or pricing as a result of domestic or international competitive pressures, ability to achieve cost-reduction objectives, unknown risks in connection with the Company's acquisitions, divestitures, and business combinations, cybersecurity concerns and costs arising with management of cybersecurity threats, effectiveness of the Company's internal controls, compliance with domestic and foreign laws and regulations, technological factors beyond the Company's control, impact of pandemics or similar outbreaks, or other disruptions to our industries, customers, or supply chains, the impact of global conflicts, such as the current war between Russia and Ukraine, and conflicts and related sanctions or trade restrictions involving Venezuela, the Company's plans and expectations with respect to its exploration, and contemplated execution, of various strategies with respect to its portfolio of businesses, the Company's plans and expectations with respect to its Board of Directors, and other factors described in the Company's Annual Report on Form 10-K and other periodic filings with the U.S. Securities and Exchange Commission.
Matthews International Corporation
Corporate Office
Two NorthShore Center
Pittsburgh, PA 15212-5851
Phone: (412) 442-8200
Contact: Daniel E. Stopar
Chief Financial Officer and Treasurer
SOURCE Matthews International Corporation
2026-03-10 13:261mo ago
2026-03-10 09:151mo ago
Gas Prices Are Already Up 56 Cents Per Gallon—But The Spike Could Slow Soon
ToplineThe price of a gallon of gas has risen 56 cents on average since President Donald Trump attacked Iran over a week ago, data from AAA shows, and experts are split on if it will continue its steep rise or taper off amid drastic changes in the international market.
A drop of gasoline falls from the nozzle of a pump.
AFP via Getty Images
Key FactsAAA on Tuesday reported an average national price of $3.539 for a gallon of regular gas, up 55.9 cents from the average price of $2.98 on Feb. 26, two days before the U.S. and Israel launched strikes on Iran.
The price of diesel has risen even more sharply, jumping 26.7%—to $4.78 from $3.77—one week ago.
California has the highest average regular gas price of any state as of Tuesday, according to AAA, at $5.29 per gallon, followed by $4.69 in Washington state and $4.29 in Nevada.
Average gas prices jumped the steepest in the last week in Indiana (58 cents per gallon), Florida (57 cents), Michigan (55 cents) and Ohio (55 cents), according to Gas Buddy petroleum analyst Patrick De Haan.
Only one state still had an average gas price of below $3 per gallon on Tuesday, according to AAA: Kansas at $2.96.
Get Forbes Breaking News Text Alerts: We’re launching text message alerts so you'll always know the biggest stories shaping the day’s headlines. Text “Alerts” to (201) 335-0739 or sign up here: joinsubtext.com/forbes.
What To Watch ForDe Haan on Monday estimated the average price of regular fuel would reach $4 per gallon in the next month—an increase of more than $1 since Trump first attacked Iran—but on Tuesday walked back his comments after oil prices steeply dropped Monday afternoon into Tuesday. The price of a barrel spiked to $120 on Monday before dropping sharply to around $93 following a comment from Trump that the war in Iran would come to an end "very soon.” Oil was back down to around $88 on Tuesday morning, supporting the idea gas prices could soon top out, but the issue was further complicated when United Arab Emirates’ Ruwais refinery, which can process over 900,000 barrels of oil per day, was shut down due to a drone strike. The price of oil rose slightly on the news.
Key BackgroundThe conflict in Iran is driving up oil prices in part by impacting production (facilities in Saudi Arabia, Qatar and Iraq were all forced to pause operations last week) but primarily by interrupting transportation. Iran has major influence over the Strait of Hormuz—the only sea passage from the oil-rich Persian Gulf to the open ocean through which more than 20% of the world's daily oil demand flows. A number of shipping companies have said they won’t proceed through the passage due to the threat of violence, and traffic has been at a virtual standstill for more than a week. While Iran can’t shut down the strait altogether, the country has attacked nearby commercial ships and its Revolutionary Guards have said any U.S. or Israeli ships in the strait will be targeted, and as of Sunday ships linked to Iran were the only commercial vessels that had made the crossing in the 24 hours before. Finance ministers from the Group of Seven nations spoke on Monday to discuss the possible release of emergency oil reserves in an attempt to stabilize prices, but reportedly there was “broad consensus” to hold off for now. Energy ministers from G7 nations are expected to discuss the issue Tuesday morning.
How Much Oil Is Held In Reserve?Together, the G7 countries hold more than 1.4 billion barrels of oil in reserve. The United States has the largest stockpile at 415.4 million barrels in the Strategic Petroleum Reserve as of Feb. 27, with another 440 million barrels in private hands.
Crucial Quote"If Iran does anything that stops the flow of Oil within the Strait of Hormuz, they will be hit by the United States of America TWENTY TIMES HARDER than they have been hit thus far," Trump recently said on social media.
Further ReadingForbesGas Prices Hit $3.47 Per Gallon As Crude Oil Soars To Highest Level Since 2022By Siladitya Ray
ForbesIran War: Hegseth Expects ‘More Casualties’ But Reiterates Trump’s ‘Surrender’ Demand As Tehran Appoints New LeaderBy Siladitya RayForbesSeventh U.S. Service Member Dies In Iran War After Sustaining Injuries In AttackBy Zachary Folk
2026-03-10 13:261mo ago
2026-03-10 09:151mo ago
United Natural Foods (UNFI) Surpasses Q2 Earnings Estimates
United Natural Foods (UNFI - Free Report) came out with quarterly earnings of $0.62 per share, beating the Zacks Consensus Estimate of $0.51 per share. This compares to earnings of $0.22 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of +21.00%. A quarter ago, it was expected that this organic and specialty foods distributor would post earnings of $0.39 per share when it actually produced earnings of $0.56, delivering a surprise of +43.59%.
Over the last four quarters, the company has surpassed consensus EPS estimates four times.
United Natural, which belongs to the Zacks Food - Miscellaneous industry, posted revenues of $7.95 billion for the quarter ended January 2026, missing the Zacks Consensus Estimate by 2.51%. This compares to year-ago revenues of $8.16 billion. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
United Natural shares have added about 15.4% since the beginning of the year versus the S&P 500's decline of 0.7%.
What's Next for United Natural?While United Natural has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for United Natural was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is $0.66 on $8.05 billion in revenues for the coming quarter and $2.11 on $32.24 billion in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Food - Miscellaneous is currently in the bottom 21% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
Another stock from the same industry, Armanino Foods of Distinction Inc. (AMNF - Free Report) , has yet to report results for the quarter ended December 2025.
This company is expected to post quarterly earnings of $0.13 per share in its upcoming report, which represents no change from the year-ago quarter. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Armanino Foods of Distinction Inc.'s revenues are expected to be $19.4 million, up 4.9% from the year-ago quarter.
2026-03-10 13:261mo ago
2026-03-10 09:151mo ago
Can Accelerating ZeroFlap Optics Ramp Buoy Credo's Growth Trajectory?
Key Takeaways Credo Technology launches ZeroFlap optics to improve stability in large-scale AI data center networks.CRDO says ZeroFlap AECs deliver up to 1,000x reliability of laser optics while using about half the power.Credo began shipments to Tensor Way and is qualifying ZeroFlap with three hyperscaler and Neocloud customers. Credo Technology Group (CRDO - Free Report) has introduced ZeroFlap optics, a new generation of optical transceivers designed to improve stability in large-scale AI networks. Recently, Credo reported fiscal third-quarter revenue of $407 million, representing 201.5% year-over-year growth, fueled by strong adoption of its high-speed connectivity solutions, particularly in AI and hyperscale data center deployments.
ZeroFlap optics represents Credo’s next step into optical connectivity technologies. ZeroFlap AECs deliver as much as 1,000x the reliability of commodity laser-based optics while requiring roughly half the power. Management noted that ZeroFlap Optics is ahead of schedule, with production shipments to Tensor Way and ongoing qualification with three more hyperscaler and Neocloud customers.
Data centers currently face long cluster startup times and reliability problems caused by unstable links in standard laser-based transceivers. ZeroFlap optics are built to solve these issues by combining hardware, optics, firmware and pilot software with switch-level SDKs. This setup allows for ongoing link telemetry and automatic detection and correction of potential link failures before they affect clusters, greatly enhancing network reliability. From a total addressable market perspective, these can provide optical connectivity across all distances within data centers. Strong customer interest is expected to lead to a major production increase starting in the first quarter of fiscal 2027 and continuing throughout the year.
In the long run, as AI infrastructure scales toward 800G and 1.6T networks, ZeroFlap could become a meaningful growth engine, potentially positioning Credo as a key supplier of reliable optical connectivity for the next generation of AI data centers. With management projecting more than 50% revenue growth for fiscal 2027, its adoption could become a major catalyst behind this strong outlook. However, CRDO operates in a highly competitive market that includes major semiconductor players, such as Marvell Technology (MRVL - Free Report) and Broadcom Inc. (AVGO - Free Report) .
CRDO’s Competitive Connectivity LandscapeBroadcom is experiencing strong momentum fueled by growth in AI semiconductors and continued success with its VMware integration. Strong demand for its networking products and custom AI accelerators (XPUs) bodes well. AVGO’s AI networking solutions are gaining traction. In the first quarter of fiscal 2026, AI networking revenues jumped 60% year over year and represented one-third of total AI revenues. For the fiscal second quarter, AI networking is expected to accelerate further and grow to 40% of total AI revenues. AVGO expects OpenAI to deploy the first-generation XPU in 2027 at more than one gigawatt of compute capacity.
Marvell is experiencing solid growth across its core franchises and AI infrastructure segments, including scale-out and scale-across deployments, while investing to unlock new revenue streams in the emerging AI scale-up market. It is capitalizing on the rising demand for high-speed connectivity, such as 800G and 1.6T optical interconnects. These solutions are gaining traction as AI workloads require faster communication between GPUs and data centers. Based on the current growth trend, MRVL predicts that its interconnect business will grow more than 50% in fiscal 2027. Management pointed to broader customer traction, accelerating bookings and improved visibility into future growth.
CRDO Price Performance, Valuation and EstimatesShares have gained 167.5% in the past year compared with the Electronics-Semiconductors industry’s growth of 63.4%.
Image Source: Zacks Investment Research
Regarding the forward 12-month Price/Sales ratio, CRDO is trading at 11.13, higher than the Electronic-Semiconductors sector’s multiple of 7.56.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for CRDO earnings for fiscal 2026 has been revised up over the past 60 days.
Image Source: Zacks Investment Research
CRDO currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
2026-03-10 13:261mo ago
2026-03-10 09:151mo ago
AT&T's Rally Still Has Legs - Higher Capex/Acquisitions Drive Renewed Growth
Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
The analysis is provided exclusively for informational purposes and should not be considered professional investment advice. Before investing, please conduct personal in-depth research and utmost due diligence, as there are many risks associated with the trade, including capital loss.
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.
2026-03-10 13:261mo ago
2026-03-10 09:161mo ago
Silynxcom Receives Approximately $100,000 Order for Elite Military Units in the Middle East
Netanya, Israel, March 10, 2026 (GLOBE NEWSWIRE) -- Silynxcom Ltd. (NYSE American: SYNX) (“Silynxcom” or the “Company”), a manufacturer and developer of ruggedized tactical communication headset devices, today announced that it has received two purchase orders for approximately $100,000 from elite military units in the Middle East for the Company’s maintenance services.
The current service orders are part of a framework contract with these customers and follow previous orders placed by these units for the Company’s advanced tactical systems. The Company continues to solidify its position among leading defense organizations and elite units seeking advanced and innovative tactical equipment for defense and communication.
Silynxcom’s tactical systems provide combat-proven awareness and seamless radio connectivity in some of the world’s most demanding environments.
About Silynxcom Ltd.
Silynxcom Ltd. develops, manufactures, markets, and sells ruggedized tactical communication headset devices as well as other communication accessories, all of which have been field-tested and combat-proven. The Company’s in-ear headset devices, or In-Ear Headsets, are used in combat, the battlefield, riot control, demonstrations, weapons training courses, and on the factory floor. The In-Ear Headsets seamlessly integrate with third party manufacturers of professional-grade ruggedized radios that are used by soldiers in combat or by police officers in leading military and law enforcements units. The Company’s In-Ear Headsets also fit tightly into the protective gear to enable users to speak and hear clearly and precisely while they are protected from the hazardous sounds of combat, riots or dangerous situations. The sleek, lightweight, In-Ear Headsets include active sound protection to eliminate unsafe sounds, while maintaining ambient environmental awareness, giving their customers 360° situational awareness. The Company works closely with its customers and seek to improve the functionality and quality of the Company’s products based on actual feedback from soldiers and police officers “in the field.” The Company sells its In-Ear Headsets and communication accessories directly to military forces, police and other law enforcement units. The Company also deals with specialized networks of local distributors in each locale in which it operates and has developed key strategic partnerships with radio equipment manufacturers.
For additional information about the company please visit: https://silynxcom.com
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other federal securities laws and are subject to substantial risks and uncertainties. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. For example, the Company uses forward-looking statements when it discusses the benefits and advantages of the Company’s products and that the Company continues to solidify its position among leading defense organizations and elite units seeking advanced and innovative tactical equipment for defense and communication. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in the Company’s Annual Report on Form 20-F for the year ended December 31, 2024 filed with the U.S. Securities and Exchange Commission (the “SEC”) on May 13, 2025, and other documents filed with or furnished to the SEC which are available on the SEC’s website, www.sec.gov. The Company cautions you not to place undue reliance on any forward-looking statements, which speak only as of the date they are made. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Analyst’s Disclosure: I/we have a beneficial long position in the shares of AMZN, NVDA, AVGO 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.
2026-03-10 13:261mo ago
2026-03-10 09:161mo ago
Citigroup sees mid-teens growth in first-quarter investment banking fees
Citi Bank logo appears in this illustration taken December 1, 2025. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab
March 10 (Reuters) - Citigroup (C.N), opens new tab expects mid-teens percentage growth in its investment banking fees in the first quarter, CEO Jane Fraser said on Tuesday.
Markets revenue is also expected to grow in the mid-teens percentage, Fraser said at the RBC conference.
The Week in Breakingviews newsletter offers insights and ideas from Reuters' global financial commentary team. Sign up here.
Reporting by Utkarsh Shetti in Bengaluru
Our Standards: The Thomson Reuters Trust Principles., opens new tab
2026-03-10 13:261mo ago
2026-03-10 09:181mo ago
Williams Leadership to Share Insights on Energy Infrastructure and Innovation at CERAWeek 2026
A leading supplier of materials that are essential for the manufacturing of semiconductor chips and related electronics, Applied Materials (NASDAQ:AMAT) has shed about 11% over the past week, pulling back from a recent high near $372 to around $328 as of Monday morning. Retail sentiment, measured on a 0-to-100 scale from Reddit activity, sits at a composite score of 58 (neutral), down from bullish readings of 68-72 that dominated various investing communities in early March and mid-February. The debate: Is Applied Materials a legitimate picks-and-shovels AI winner, or is it priced for a cycle closer to its peak than its beginning?
The February earnings report gave bulls real ammunition as Applied Materials posted non-GAAP EPS of $2.38, beating the consensus of $2.21, while CEO Gary Dickerson declared on the call: “We expect to grow our semiconductor equipment business over 20 percent this calendar year.” DRAM now accounts for 34% of Semiconductor Systems revenue, up from 27% a year ago, all free cash flow surged 91% year over year to $1.04 billion.
The “ATH on Zero Growth” Problem Applied Materials Can’t Shake Bears have pointed to the stock’s significant run, even as revenue fell 2.1% year over year in the most recent quarter, with skepticism that the valuation is justified by current fundamentals.
The bears have real data to work with:
This infographic evaluates Applied Materials (AMAT) as an AI investment, presenting its social sentiment score and key financial drivers. It highlights both positive and negative factors influencing its market perception. China accounts for 30% of total revenue, a persistent geopolitical risk Applied Materials paid a $253 million settlement with the U.S. Commerce Department over export controls compliance Operating income fell about 30% year over year despite the EPS beat, with net income boosted by items outside core operations Wall Street Conviction vs. Retail Caution Looking ahead, 28 of 37 analysts rate AMAT a Buy or Strong Buy, with zero sell ratings and a consensus price target of around $411. A previously bullish Wall Street consensus has only grown more confident. Yet retail sentiment holds at a neutral 59, and the stock trades at a P/E of 33x, leaving little margin if AI capex slows. According to Finviz, the Zacks Consensus Estimate for AMAT’s current-year earnings increased 14% over the past month to $10.97, though brokerage recommendations carry institutional bias and limited predictive value on their own.
The next test is Q2 FY2026 guidance, where Applied Materials has projected revenue of approximately $7.2 – $8.2 billion and non-GAAP EPS of approximately $2.64. Whether the AI memory cycle has legs beyond 2026 will determine if this pullback reflects a temporary correction or the beginning of a longer-term trend.
Data Sources
Applied Materials Q1 FY2026 earnings call transcript and financial results (February 12, 2026) Reddit sentiment data aggregated across r/stocks and r/options (February 13 – March 8, 2026) Fuse API prediction sentiment composite and analyst consensus dashboard (March 9, 2026) Finviz / Zacks: “Wall Street Analysts Think Applied Materials (AMAT) Is a Good Investment: Is It?” (March 9, 2026)
2026-03-10 13:261mo ago
2026-03-10 09:201mo ago
Ideal Power Reports Fourth Quarter and Full Year 2025 Financial Results
, /PRNewswire/ -- Ideal Power Inc. (Nasdaq: IPWR) ("Ideal Power," the "Company," "we," "us" or "our"), developer and provider of its innovative and widely patented B-TRAN® bidirectional semiconductor power switch, reports results for its fourth quarter and full year ended December 31, 2025.
"We're excited to have signed two new customer agreements for the development of B-TRAN®-enabled solutions addressing focus applications that span solid-state circuit protection for data centers, renewable energy and energy storage systems, grid, electric vehicles and charging infrastructure," said David Somo, President and Chief Executive Officer of Ideal Power. "We detailed the Company's strategy, commercial opportunities, priorities and expectations on our recent Business Update Webcast Call. It's a plan designed to accelerate commercialization and deliver increased value to our shareholders and our customers. Now that we have set out a clear path, our focus is on disciplined execution."
Key Fourth Quarter and Recent Highlights
Execution to our B-TRAN® commercial roadmap continues, including:
Appointed David Somo as Chief Executive Officer, President and board director. Mr. Somo has a proven track record of driving revenue growth with extensive experience in worldwide sales, marketing, business development, corporate strategy, M&A, and product development, with full business P&L responsibility. Announced multi-year strategic cooperation agreement with Lazzen for the design, development, and worldwide sales of B-TRAN®-enabled circuit protection solutions including solid-state circuit breakers (SSCBs), battery disconnect units, and electric vehicle (EV) contactors. Lazzen's first B-TRAN®-enabled SSCB is expected to target AI data center customers. Signed Letter of Intent with a power module maker in Asia to manufacture and offer B-TRAN®-based power modules for sale to their customers. Engaged with Stellantis on potential development program for EV contactors. Expect remaining deliverables under existing purchase order from Stellantis for custom development and packaged B-TRAN® devices targeting EV applications to be completed by mid-2026. B-TRAN® Patent Estate: Currently at 100 issued B-TRAN® patents with 48 of those issued outside of the United States and 78 pending B-TRAN® patents. Current geographic coverage includes North America, China, Taiwan, Japan, South Korea, India, and Europe. Financial Highlights
Raised $12.6 million in estimated net proceeds from a public offering and concurrent private placement closed on February 25, 2026. The financing was led by the Company's largest existing institutional shareholders, with participation from Ideal Power insiders, including our Chief Executive Officer, David Somo. Cash and cash equivalents totaled $6.1 million at December 31, 2025. Cash used in operating and investing activities in the fourth quarter of 2025 was $2.2 million compared to $2.6 million in the fourth quarter of 2024. Cash used in operating and investing activities in the full year 2025 was $9.6 million compared to $9.2 million in the full year 2024. No long-term debt was outstanding at December 31, 2025. Operating expenses in the fourth quarter of 2025 were $1.9 million compared to $2.8 million in the fourth quarter of 2024 driven primarily by lower stock-based compensation expense and personnel costs. Operating expenses in the full year 2025 were $10.9 million compared to $11.1 million in the full year 2024 driven primarily by lower stock-based compensation expense, largely offset by higher semiconductor foundry costs. Net loss in the fourth quarter of 2025 was $1.9 million compared to $2.6 million in the fourth quarter of 2024. Net loss in the full year 2025 was $10.6 million compared to $10.4 million in the full year 2024. Strategic Priorities
The Company has set the following strategic priorities:
Continue adding new opportunities to the sales funnel. Drive initial revenue ramp by converting sales opportunities in the funnel to design-ins and custom development agreements. Secure production order(s) with Lazzen for first solid-state circuit breaker products and expand solutions to address additional markets and applications. Complete remaining deliverables under Stellantis purchase order and continue to advance opportunities for EV contactors and battery disconnect units with global automakers. Continue to explore strategic investment opportunities with global market leaders. Conference Call and Webcast: Fourth Quarter and Full Year 2025
The Company will hold a conference call on Tuesday, March 10, 2026 at 10:00 AM Eastern Time to discuss its results and host a question-and-answer session. Analysts and investors may pose questions for management during the live conference call.
Interested persons may access the live conference call by dialing 877-545-0523 (U.S./Canada callers) or 973-528-0016 (international callers), using passcode 969034. It is recommended that participants call or log in 10 minutes ahead of the scheduled start time to ensure proper connection. An operator will register your name and organization. An audio replay will be available one hour after the live call until Midnight on March 24, 2026 by dialing 877-481-4010 using passcode 53712.
The live webcast and interactive Q&A will be accessible on the Company's Investor Relations website under the Events tab HERE. The webcast will be archived on the Company's website for future viewing.
Ideal Power Business Update: Recent Conference Call and Webcast
Management hosted a Business Update Webcast Call on February 26, 2026 which detailed the Company's strategy, commercial opportunities, priorities and expectations. The webcast with interactive Q&A is available for viewing on the Company's Investor Relations website HERE.
About Ideal Power Inc.
Ideal Power (Nasdaq: IPWR) is the developer and provider of its innovative and widely patented B-TRAN® bidirectional semiconductor power switch. B-TRAN® offers compelling advantages over conventional technologies and addresses the demanding standards of today's solid-state circuit protection and intelligent power delivery systems. It features very low conduction losses that deliver improved power efficiency, thereby reducing energy consumption and providing cost savings. The unique bidirectional capability of B-TRAN® simplifies the design, control and diagnostics of solid-state power solutions while enabling smaller, lower cost systems. B-TRAN® delivers compelling advantages for a broad spectrum of applications including solid-state circuit breakers, static transfer switches, battery disconnect units and EV contactors that are widely used in data centers, industrial power systems, energy grid and storage systems, and electric vehicles and charging infrastructure. For more information, visit the Company's website at www.IdealPower.com, on LinkedIn, on Twitter, and on Facebook.
Safe Harbor Statement
All statements in this release that are not based on historical fact are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. While Ideal Power's management has based any forward-looking statements included in this release on its current expectations, the information on which such expectations were based may change. Such forward-looking statements include, but are not limited to, statements regarding the strategic cooperation agreement with the Lazzen for the design, development, and worldwide sales of B-TRAN®-enabled circuit protection solutions, the expectation that Lazzen's first SSCB product featuring B-TRAN® will target AI data center customers, the potential development program for EV contactors with Stellantis, and the anticipated timing of deliverables under the purchase order from Stellantis. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties and other factors, many of which are outside of our control that could cause actual results to materially differ from such statements. Such risks, uncertainties, and other factors include, but are not limited to, the success of our B-TRAN® technology, including whether the patents for our technology provide adequate protection and whether we can be successful in maintaining, enforcing and defending our patents, our inability to predict with precision or certainty the pace and timing of development and commercialization of our B-TRAN® technology, the rate and degree of market acceptance for our B-TRAN®, the impact of global health pandemics on our business, supply chain disruptions, and the expected performance of future products incorporating our B-TRAN®, and uncertainties set forth in our quarterly, annual and other reports filed with the Securities and Exchange Commission. Furthermore, we operate in a highly competitive and rapidly changing environment where new and unanticipated risks may arise. Accordingly, investors should not place any reliance on forward-looking statements as a prediction of actual results. We disclaim any intention to, and undertake no obligation to, update or revise forward-looking statements, except as required by applicable law.
Ideal Power Investor Relations Contact
Jeff Christensen
Darrow Associates Investor Relations
[email protected]
703-297-6917
IDEAL POWER INC.
Balance Sheets
(unaudited)
December 31,
2025
December 31,
2024
ASSETS
Current assets:
Cash and cash equivalents
$
6,129,049
$
15,842,850
Accounts receivable, net
24,000
692
Inventory
9,700
96,406
Prepayments and other current assets
377,901
356,658
Total current assets
6,540,650
16,296,606
Property and equipment, net
376,717
415,232
Intangible assets, net
2,687,466
2,611,998
Right of use asset
397,397
483,497
Other assets
44,459
19,351
Total assets
$
10,046,689
$
19,826,684
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Accounts payable
$
408,398
$
104,117
Accrued expenses
471,329
374,012
Current portion of lease liability
93,435
82,681
Total current liabilities
973,162
560,810
Long-term lease liability
309,900
403,335
Other long-term liabilities
886,538
1,007,375
Total liabilities
2,169,600
1,971,520
Stockholders' equity:
Common stock
8,539
8,337
Additional paid-in capital
125,927,443
125,327,300
Treasury stock
(13,210)
(13,210)
Accumulated deficit
(118,045,683)
(107,467,263)
Total stockholders' equity
7,877,089
17,855,164
Total liabilities and stockholders' equity
$
10,046,689
$
19,826,684
IDEAL POWER INC.
Statements of Operations
(unaudited)
Quarter Ended
December 31,
Year Ended
December 31,
2025
2024
2025
2024
Revenue
$
-
$
5,408
$
37,728
$
86,032
Cost of revenue
-
5,926
60,408
93,409
Gross loss
-
(518)
(22,680)
(7,377)
Operating expenses:
Research and development
786,038
1,593,515
6,047,211
6,207,218
General and administrative
1,010,792
913,495
3,766,790
3,608,536
Sales and marketing
150,717
251,052
1,096,508
1,248,044
Total operating expenses
1,947,547
2,758,062
10,910,509
11,063,798
Loss from operations
(1,947,547)
(2,758,580)
(10,933,189)
(11,071,175)
Interest income, net
49,566
162,806
354,769
653,362
Net loss
$
(1,897,981)
$
(2,595,774)
$
(10,578,420)
$
(10,417,813)
Net loss per share – basic and fully diluted
$
(0.21)
$
(0.29)
$
(1.16)
$
(1.28)
Weighted average number of shares
outstanding – basic and fully diluted
9,169,248
9,043,901
9,135,261
8,165,485
IDEAL POWER INC.
Statements of Cash Flows
(unaudited)
Year Ended December 31,
2025
2024
Cash flows from operating activities:
Net Loss
$
(10,578,420)
$
(10,417,813)
Adjustments to reconcile net loss to net cash used in operating activities:
Depreciation and amortization
371,419
341,045
Amortization of right of use asset
86,100
75,476
Write-off of inventory
35,987
-
Write-off of capitalized patents
34,363
62,073
Write-off of property and equipment
6,759
15,371
Gain on lease termination
-
(15,319)
Stock-based compensation
729,173
1,596,254
Decrease (increase) in operating assets:
Accounts receivable
(23,308)
69,308
Inventory
50,719
(14,956)
Prepaid expenses and other current assets
(46,351)
119,915
Increase (decrease) in operating liabilities:
Accounts payable
304,281
(300,981)
Accrued expenses and other liabilities
(23,520)
(198,898)
Lease liability
(82,681)
(74,055)
Net cash used in operating activities
(9,135,479)
(8,742,580)
Cash flows from investing activities:
Purchase of property and equipment
(119,481)
(197,266)
Acquisition of intangible assets
(330,013)
(309,162)
Net cash used in investing activities
(449,494)
(506,428)
Cash flows from financing activities:
Net proceeds from issuance of common stock and pre-funded warrants
-
15,724,818
Exercise of options and warrants
110
1,120,514
Payment of taxes upon vesting of restricted stock units
(128,938)
(228,309)
Net cash provided by (used in) financing activities
(128,828)
16,617,023
Net Increase (decrease) in cash and cash equivalents
(9,713,801)
7,368,015
Cash and cash equivalents at beginning of year
15,842,850
8,474,835
Cash and cash equivalents at end of year
$
6,129,049
$
15,842,850
SOURCE IDEAL POWER INC.
2026-03-10 13:261mo ago
2026-03-10 09:201mo ago
Global Mofy Integrates OpenClaw AI Agent Framework into Core Production Pipeline, Powering Its AI-Driven Content Production Strategy
BEIJING, March 10, 2026 (GLOBE NEWSWIRE) -- Global Mofy AI Limited (the “Company” or “Global Mofy”) (Nasdaq: GMM), a generative AI-driven technology solutions provider engaged in virtual content production and the development of 3D digital assets, today announced that it has completed the deployment and integration of the open-source AI agent framework OpenClaw into its internal core content production workflows. This implementation marks an important step forward in the Company’s AIGC (Artificial Intelligence Generated Content) production infrastructure and lays a technological foundation for its next phase of AI-driven content production strategy.
As generative AI evolves from standalone tools toward integrated production systems, demand for more automated and scalable content creation capabilities continues to grow across the digital content industry. Global Mofy stated that the deployment of OpenClaw is primarily intended to enhance internal production efficiency by integrating key processes such as script parsing, multimodal interface orchestration, format conversion, and automated content processing. By streamlining these functions, the system reduces operational friction caused by switching between different tools and enables a more cohesive and efficient production pipeline. The Company emphasized that the AI agent system is currently designed to support internal content production operations and is not intended to be offered externally as a standalone AI agent solution.
The intelligent agent engine has already been deployed across several internal use cases. In content production, the system can automatically generate storyboards based on planning inputs and invoke multimodal APIs to process and assemble digital assets, improving efficiency from concept to final output. This capability supports scalable production across a broad range of digital content projects, including film and television visual effects, digital cultural tourism experiences, XR applications, advertising, and gaming content. In addition, the system continuously monitors trending topics across online platforms to generate data-driven topic recommendations, enabling creative teams to respond more quickly to evolving audience interests. Meanwhile, to manage the growing volume of AIGC-generated materials, the system organizes content through tagging and structured data management to build a searchable content database. This database operates in coordination with the Company’s existing 3D digital asset library, gradually forming a reusable content resource pool and further strengthening the assetization of digital content production.
Given that content development involves significant volumes of proprietary creative materials and intellectual property, Global Mofy has adopted an enterprise-grade cloud sandbox architecture in deploying OpenClaw. This configuration ensures strict isolation between the AI agent operating environment and the Company’s core databases, enhancing the security and compliance of content data while maintaining strong system performance.
Mr. Haogang Yang, Chairman and Chief Executive Officer of Global Mofy, commented, “AI technology is evolving from ‘Chat’ to ‘Work.’ Deploying OpenClaw represents an important step in strengthening our AI-driven content production capabilities. By automating complex cross-tool execution processes, we aim to allow creators to focus more on creativity, aesthetics, and storytelling. As our internal AIGC production pipeline continues to mature, we are also advancing the next phase of our strategy to explore how more sophisticated AI-driven content production capabilities can empower a broader digital content ecosystem.”
About Global Mofy AI Limited
Global Mofy AI Limited (Nasdaq: GMM) is a generative AI-driven technology solutions provider engaged in virtual content production, and the development of digital assets for the digital content industry. Utilizing its proprietary “Mofy Lab” technology platform, which consists of interactive 3D and artificial intelligence (“AI”) technology, the Company creates high-definition virtual versions of a wide range of physical world objects in 3D ranging from characters, objects to scenes and more. The digital assets can be used in different applications, including movies, TV series, AR/VR, animation, advertising, gaming, and more. Global Mofy Metaverse is one of the leading digital asset banks in China, which consists of more than 150,000 high-precision 3D digital assets. For more information, please visit www.globalmofy.ai or ir.globalmofy.cn.
Forward-Looking Statement
This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions, our ability to keep pace with new technology and changing market needs, and the competitive environment of our business. These and other factors may cause our actual results to differ materially from any forward-looking statement. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
For more information, please contact:
Global Mofy AI Ltd.
Investor Relations Department [email protected]
2026-03-10 13:261mo ago
2026-03-10 09:201mo ago
VivoPower Announces New Stock Ticker “VIVO” and Corporate Name Change in Alignment with its Business Focus on AI Data Centers
LONDON, March 10, 2026 (GLOBE NEWSWIRE) -- VivoPower International PLC (Nasdaq: VVPR) ("VivoPower" or the "Company"), a leading B Corp-certified global developer and owner of powered land and data center infrastructure for AI compute applications, today announced that, effective March 16, 2026, before the open of trading on the Nasdaq stock market, its stock will be traded under the ticker “VIVO”. The Company has also changed its name to VivoPower PLC. Both changes reflect the Company’s business focus on building, owning, and leasing powered land and data center infrastructure for AI compute applications.
The name change does not affect the rights of shareholders, and no action is required from current shareholders.
VivoPower’s scope is land, power, and real-estate infrastructure, with technology and operations remaining under the domain of the lessor. VivoPower aggregates the scarcest input in the data center value chain—power-secured land, and monetizes through long-term, bankable lease contracts with sovereign nations, hyperscalers, neocloud players, and other tenants.
About VivoPower
Originally founded in 2014 and listed on Nasdaq since 2016, VivoPower is an award-winning B Corporation with a global footprint spanning the United Kingdom, Australia, North America, Europe, the Middle East, and Southeast Asia. Today, VivoPower’s mission is to be the independent, trusted partner for sovereign nations that develop and operate sustainable data center infrastructure, ensuring sovereign control over power, data, and national intelligence. In doing so, VivoPower helps sovereign nations bridge the gap between their energy assets and their AI ambitions by providing the Power-to-X infrastructure necessary to build and control their own domestic intelligence hubs.
Forward-Looking Statements
This communication includes certain statements that may constitute "forward-looking statements" for purposes of the U.S. federal securities laws. Forward-looking statements include, but are not limited to, statements that refer to projections, forecasts, or other characterizations of future events or circumstances, including any underlying assumptions. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intends," "may," "might," "plan," "possible," "potential," "predict," "project," "should," "would" and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements may include, for example, statements about the achievement of performance hurdles, or the benefits of the events or transactions described in this communication and the expected returns therefrom. These statements are based on VivoPower's management's current expectations or beliefs and are subject to risk, uncertainty, and changes in circumstances. Actual results may vary materially from those expressed or implied by the statements herein due to changes in economic, business, competitive and/or regulatory factors, and other risks and uncertainties affecting the operation of VivoPower's business. These risks, uncertainties and contingencies include changes in business conditions, fluctuations in customer demand, changes in accounting interpretations, management of rapid growth, intensity of competition from other providers of products and services, changes in general economic conditions, geopolitical events and regulatory changes, and other factors set forth in VivoPower's filings with the United States Securities and Exchange Commission. The information set forth herein should be read in light of such risks. VivoPower is under no obligation to, and expressly disclaims any obligation to, update or alter its forward-looking statements whether as a result of new information, future events, changes in assumptions or otherwise.
LOS ANGELES, March 10, 2026 (GLOBE NEWSWIRE) -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Masonite International Corporation (“Masonite” or “the Company”) (NYSE: DOOR) 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 June 5, 2023 and February 8, 2024, inclusive (the “Class Period”), are encouraged to contact the firm before April 7, 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. Masonite was aware of multiple acquisition offers from Owens Corning to purchase all outstanding shares of the Company even as it initiated share repurchases from investors. The acquisition offers the Company received were at a share price well above the price it was repurchasing shares from current shareholders. 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 Masonite, 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
2026-03-10 13:261mo ago
2026-03-10 09:211mo ago
SHAREHOLDER REMINDER: Berger Montague Reminds CoreWeave, Inc. (NASDAQ: CRWV) Investors of the March 13, 2026 Deadline
PHILADELPHIA, March 10, 2026 (GLOBE NEWSWIRE) -- National plaintiffs’ law firm Berger Montague PC announces that a class action lawsuit has been filed against CoreWeave, Inc. (NASDAQ: CRWV) (“CoreWeave” or the “Company”) on behalf of investors who purchased or otherwise acquired CoreWeave securities during the period from March 28, 2025 through December 15, 2025 (the “Class Period”), inclusive.
Investor Deadline: Investors who purchased CoreWeave securities during the Class Period may, no later than March 13, 2026, seek to be appointed as a lead plaintiff representative of the class. To learn your rights, CLICK HERE.
Headquartered in Livingstone, NJ, CoreWeave is an AI cloud computing company that delivers cutting-edge AI infrastructure and proprietary software.
Following the Company’s March 2025 initial public offering of shares at $40, reaching $183.58 by June 20, 2025, defendants described demand for CoreWeave’s offerings as “robust” and “unprecedented.”
The lawsuit alleges misrepresentations regarding CoreWeave’s ability to meet customer demand and understated risks associated with reliance on a single third-party data center provider. When the truth was revealed, beginning in October 2025, investors suffered significant losses.
If you are a CoreWeave investor and would like to learn more about this action, CLICK HERE or please contact Berger Montague: Andrew Abramowitz at [email protected] or (215) 875-3015, or Caitlin Adorni at [email protected] or (267)764-4865.
About Berger Montague
Berger Montague is one of the nation’s preeminent law firms focusing on complex civil litigation, class actions, and mass torts in federal and state courts throughout the United States. With more than $2.4 billion in 2025 post-trial judgments alone, the Firm is a leader in the fields of complex litigation, antitrust, consumer protection, defective products, environmental law, employment law, securities, and whistleblower cases, among many other practice areas. For over 55 years, Berger Montague has played leading roles in precedent-setting cases and has recovered over $50 billion for its clients and the classes they have represented. Berger Montague is headquartered in Philadelphia and has offices in Chicago; Malvern, PA; Minneapolis; San Diego; San Francisco; Toronto, Canada; Washington, D.C., and Wilmington, DE.
For more information or to discuss your rights, please contact:
Key Takeaways Barrick generated $7.7B operating cash flow in 2025 and returned $2.4B via dividends and buybacks.B lifted its dividend 140% to 42 cents per share while adding a new payout policy.B shares jumped 55.8% in six months and trade at a forward P/E of 12.23, below the industry average. Barrick Mining Corporation (B - Free Report) is leveraging its robust cash generation and solid balance sheet to consistently return value to its shareholders, reinforcing its standing as a capital return-focused gold producer. Barrick generated strong operating cash flows in 2025, with a significant portion funneled back to investors.
At the end of fourth-quarter 2025, Barrick’s cash and cash equivalents were around $6.7 billion. It generated strong operating cash flows of roughly $2.7 billion in the fourth quarter, up 13% year over year, while free cash flow rose 9% to around $1.6 billion. For full-year 2025, operating cash flow surged 71% to around $7.7 billion, and free cash flow shot up 194% to $3.9 billion.
Barrick returned $2.4 billion to its shareholders in 2025 through dividends and buybacks. It repurchased shares worth $1.5 billion during 2025, including $500 million in the fourth quarter. The company increased its dividend to 42 cents per share for the fourth quarter of 2025, marking a 140% increase over the third quarter. It also announced a new dividend policy that targets a total payout of 50% of attributable free cash flow on an annualized basis. It offers a dividend yield of 3.7% at the current stock price with a payout ratio of 29%. A ratio below 60% is a good indicator that the dividend will be sustainable.
Backed by strong liquidity and reliable cash flows, the company is well placed to pursue compelling exploration and development opportunities while sustaining shareholder returns and supporting organic growth.
Among its major peers, Newmont Corporation (NEM - Free Report) distributed $3.4 billion to its shareholders through dividends and share repurchases in 2025. Newmont announced an increased dividend of 26 cents per share for the fourth quarter of 2025. NEM executed $3.6 billion from $6 billion of buyback authorization as of Feb. 19, 2026.
Agnico Eagle Mines Limited (AEM - Free Report) is capitalizing on its strong free cash flow to boost shareholder value through dividends and share buybacks. Agnico Eagle returned around $1.4 billion to its shareholders in 2025 through dividends and share buybacks. AEM raised its quarterly dividend by 12.5% to 45 cents per share.
B’s Price Performance, Valuation & EstimatesBarrick’s shares have surged 55.8% in the past six months compared with the Zacks Mining – Gold industry’s rise of 43.5%, courtesy of the gold price rally.
Image Source: Zacks Investment Research
From a valuation standpoint, B is currently trading at a forward 12-month earnings multiple of 12.23, a roughly 5.3% discount when stacked up with the industry average of 12.91X. It carries a Value Score of B.
Image Source: Zacks Investment Research
The Zacks Consensus Estimate for B’s 2026 and 2027 earnings implies a year-over-year rise of 49.6% and 19%, respectively. The EPS estimates for 2026 and 2027 have been trending higher over the past 60 days.
Image Source: Zacks Investment Research
2026-03-10 13:261mo ago
2026-03-10 09:211mo ago
Does Agnico Eagle's Premium Valuation Justify Buying the Stock Now?
Key Takeaways Agnico Eagle trades at a 30.8% forward P/E premium over the industry average.AEM advances key projects like Odyssey, Hope Bay and Detour Lake to boost future output.Strong liquidity, debt reduction and rising earnings estimates underscore AEM's growth outlook. Agnico Eagle Mines Limited (AEM - Free Report) is currently trading at a forward price/earnings of 16.88X, a roughly 30.8% premium to the Zacks Mining – Gold industry average of 12.91X. AEM is also trading at a premium to its gold mining peers, Barrick Mining Corporation (B - Free Report) , Newmont Corporation (NEM - Free Report) and Kinross Gold Corporation (KGC - Free Report) . Agnico Eagle has a Value Score of D. Barrick Mining and Kinross Gold have a Value Score of B, each, while Newmont has a Value Score of C.
AEM’s P/E F12M Vs. Industry, B, NEM & KGC Image Source: Zacks Investment Research
AEM's shares have performed impressively on the bourses over the past year, thanks to a surge in gold prices to record highs and its forecast-topping earnings performance on higher realized prices and strong production. Its shares have popped 123.5% over a year, underperforming the industry’s 132.9% rise while topping the S&P 500’s increase of 24%. Barrick Mining, Newmont and Kinross Gold have rallied 148.3%, 169.4% and 191.1%, respectively, over the same period.
AEM’s One-year Price Performance Image Source: Zacks Investment Research
Agnico Eagle has been trading above the 200-day simple moving average (SMA) since March 4, 2024, suggesting a long-term uptrend. The stock is also currently trading above the 50-day SMA. The 50-day SMA continues to read higher than the 200-day SMA, indicating a bullish trend.
Agnico Eagle’s Shares Trade Above 50-Day SMA Image Source: Zacks Investment Research
Let’s take a look at AEM’s fundamentals to better analyze how to play the stock.
AEM Stock Poised for Growth on Advancement of Key ProjectsAgnico Eagle is focused on executing projects that are expected to provide additional growth in production and cash flows. It is advancing its key value drivers and pipeline projects, including the Odyssey project in the Canadian Malartic Complex, Detour Lake, Hope Bay, Upper Beaver and San Nicolas.
The Hope Bay Project, with proven and probable mineral reserves of 3.4 million ounces, is expected to play a significant role in generating cash flow in the years to come. The processing plant expansion at Meliadine was completed and commissioned in the second half of 2024, with mill capacity expected to increase to roughly 6,250 tons per day. At Canadian Malartic, Agnico Eagle is advancing the transition to underground mining with the construction of the Odyssey mine and executing other opportunities to beef up annual production. Production from East Gouldie is expected to commence from the ramp in the first quarter of 2026.
At Hope Bay, drilling results at Patch 7 also suggest the potential for mineral resource expansion. Moreover, drilling at the Marban deposit, added through the acquisition of O3 Mining, focuses on mineral reserve and mineral resource expansion. AEM also continued to work on a feasibility study at San Nicolas. At Detour Lake, AEM advanced the development of the exploration ramp during the fourth quarter.
The merger with Kirkland Lake Gold established Agnico Eagle as the industry's highest-quality senior gold producer. The integrated entity now has an extensive pipeline of development and exploration projects to drive sustainable growth. It also has the financial flexibility to fund a strong pipeline of growth projects.
AEM’s Solid Financial Health Supports Capital AllocationAEM has a robust liquidity position and generates substantial cash flows, which enable it to maintain a strong exploration budget, finance a strong pipeline of growth projects, pay down debt and drive shareholder value. Its operating cash flow was roughly $2.1 billion in the fourth quarter, up around 87% from the year-ago quarter. Operating cash flow for full-year 2025 was a record $6.8 billion, driven by operational efficiencies.
AEM recorded fourth-quarter free cash flow of roughly $1.3 billion, more than doubling the prior-year figure of $570 million. For the full year, free cash flow was a record $4.4 billion, up 105% year over year. The upside was backed by the strength in gold prices and robust operational results. The company remains focused on paying down debt using excess cash, with total long-term debt reducing by roughly $950 million in 2025, ending the year with $196 million.
The company ended 2025 with a significant net cash position of nearly $2.7 billion, driven by the increase in cash position and reduction in debt. AEM also returned around $1.4 billion to its shareholders in 2025 through dividends and share buybacks. It raised its quarterly dividend by 12.5% to 45 cents per share.
Higher gold prices are expected to boost AEM’s profitability and drive cash flow generation. While gold prices have fallen from their January 2026 highs, they remain favorable. Heightened geopolitical strains, a weaker U.S. dollar, fresh tariff threats and renewed concerns over the independence of the Federal Reserve drove bullion to a record high of nearly $5,600 per ounce in late January. This was followed by a brief pullback to below $4,900 per ounce due to aggressive profit-booking and a rebound in the U.S. dollar after hitting a four-year low. Bargain hunting following the massive selloff again pushed up prices to above $5,000 per ounce.
Gold gained strength recently, surging past $5,400 per ounce on March 2, on strong safe-haven demand, after the United States and Israel started joint strikes on Iran, leading to a major escalation. Gold prices have again pulled back from that level, partly due to a stronger U.S. dollar and reduced expectations of Federal Reserve rate cuts amid inflation worries, currently hovering above $5,100 per ounce.
Sustained central bank purchases and persistent safe-haven demand tied to prevailing geopolitical tensions due to the ongoing war in the Middle East, along with broader macroeconomic uncertainties, are likely to continue to support gold prices.
AEM offers a dividend yield of 0.8% at the current stock price. It has a five-year annualized dividend growth rate of 2.6%. AEM has a payout ratio of 19%.
AEM’s Earnings Estimates Moving HigherThe Zacks Consensus Estimate for AEM’s 2026 earnings has been going up over the past 60 days. The consensus estimate for 2027 earnings has also been revised upward over the same time frame.
The Zacks Consensus Estimate for 2026 earnings is currently pegged at $13.28, suggesting year-over-year growth of 60.4%. Earnings are expected to grow roughly 1.4% in 2027.
Image Source: Zacks Investment Research
How Should Investors Play AEM Stock?With a strong pipeline of growth projects and solid financial health, AEM presents a compelling investment case for those seeking exposure to the gold mining space. Elevated gold prices should also boost AEM’s profitability and drive cash flow generation. A healthy growth trajectory and rising earnings estimates are the other positives. AEM’s premium valuation is also justified, considering its healthy earnings growth prospects and solid fundamentals. We advise investors to bet on this Zacks Rank #1 (Strong Buy) stock now.
You can see the complete list of today’s Zacks #1 Rank stocks here.
2026-03-10 13:261mo ago
2026-03-10 09:251mo ago
Inspired Entertainment (INSE) Reports Q4 Loss, Lags Revenue Estimates
Inspired Entertainment (INSE - Free Report) came out with a quarterly loss of $0.18 per share versus the Zacks Consensus Estimate of $0.25. This compares to earnings of $2.33 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an earnings surprise of -172.00%. A quarter ago, it was expected that this company would post earnings of $0.3 per share when it actually produced earnings of $0.28, delivering a surprise of -6.67%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
Inspired Entertainment, which belongs to the Zacks Technology Services industry, posted revenues of $77.2 million for the quarter ended December 2025, missing the Zacks Consensus Estimate by 0.73%. This compares to year-ago revenues of $83 million. The company has topped consensus revenue estimates two times over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
Inspired Entertainment shares have lost about 10.9% since the beginning of the year versus the S&P 500's decline of 0.7%.
What's Next for Inspired Entertainment?While Inspired Entertainment has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock?
There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.
Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.
Ahead of this earnings release, the estimate revisions trend for Inspired Entertainment was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
It will be interesting to see how estimates for the coming quarters and the current fiscal year change in the days ahead. The current consensus EPS estimate is breakeven on $61.41 million in revenues for the coming quarter and $0.54 on $281.48 million in revenues for the current fiscal year.
Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Technology Services is currently in the bottom 25% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.
One other stock from the same industry, Peraso (PRSO - Free Report) , is yet to report results for the quarter ended December 2025.
This semiconductor technology company is expected to post quarterly loss of $0.16 per share in its upcoming report, which represents a year-over-year change of -23.1%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.
Peraso's revenues are expected to be $3 million, down 18.5% from the year-ago quarter.
2026-03-10 13:261mo ago
2026-03-10 09:251mo ago
Should You Continue to Hold DGX Stock in Your Portfolio?
Key Takeaways DGX expands advanced diagnostics; AD-Detect Alzheimer's tests saw double-digit growth in Q4 2025.DGX drives growth through acquisitions, including Spectra Labs assets and earlier deals like LifeLabs.Quest Diagnostics hit its 3% cost-savings goal with AI and automation but ended 2025 with $5.17B debt. Quest Diagnostics (DGX - Free Report) is well-poised to grow in the coming quarters owing to its investments in advanced diagnostics to deliver and scale innovative services. The company’s growth strategy includes value-creating, strategically aligned acquisitions using disciplined investment criteria. Strong cost-management efforts through automation and AI technologies are also highly promising. Yet, a debt-laden balance sheet and macroeconomic pressures raise concerns for Quest Diagnostics’ operations.
In the past year, this Zacks Rank #3 (Hold) stock has rallied 16.5% compared with the industry’s 8.2% growth and the S&P 500 composite’s 23.2% rise.
The renowned provider of diagnostic information services has a market capitalization of $21.89 billion. Quest Diagnostics has an earnings yield of 5.32%. The company’s earnings surpassed estimates in each of the trailing four quarters, delivering an average surprise of 2.83%.
Factors Favoring DGXStrong Potential of Advanced Diagnostics: Quest Diagnostics focuses on five major clinical areas — advanced cardiometabolic, autoimmune, brain health, oncology, and women's and reproductive health — to enable growth across its customer channels. In brain health, the AD-Detect blood test portfolio for Alzheimer's disease sustained double-digit growth in the fourth quarter of 2025, supported by higher provider adoption. Quest Diagnostics also launched a new Aβ42/40 and p-tau-217 panel to aid in identifying amyloid brain pathology in symptomatic patients.
Image Source: Zacks Investment Research
In oncology, the company continues to build its presence in blood-based minimal residual disease (MRD) testing. Quest Diagnostics also received the FDA’s breakthrough device designation for its Haystack MRD test. DGX also commenced separate trials with Mass General Brigham and Rutgers Cancer Institute to further research Haystack MRD's clinical utility as a guide in making post-operative therapy decisions. In the long term, Quest Diagnostics plans to sustain the growth momentum in each of the five areas.
Progress With Acquisition Strategy: Quest Diagnostics’ strategy includes generating growth through value-creating, strategically aligned acquisitions using disciplined investment criteria. In 2025, the company completed the acquisition of select clinical testing assets of Fresenius Medical Care's wholly owned Spectra Laboratories, a leading provider of renal-specific laboratory testing services in the United States. With this acquisition, Quest Diagnostics will be positioned to provide dialysis-related clinical testing to independent dialysis clinics previously served by Spectra Laboratories.
2024 saw the closing of eight acquisitions, including LifeLabs, which expanded the company’s foothold in Canada, and Allina Health’s select lab assets.
Strategic Imperative to Drive Operational Excellence: In 2025, Quest Diagnostics achieved its target of 3% annual cost savings and productivity improvements through the Invigorate cost-savings program. The company deploys automation and AI technologies to improve quality, service, efficiency and the workforce experience.
Quest Diagnostics announced Epic as its technology partner for Project Nova. By deploying a suite of Epic solutions, including Beaker, MyChart and Care Everywhere, DGX aims to deliver deeper, more connected insights with easier, faster and more efficient experiences. Quest Diagnostics teamed up with Google Cloud to streamline data management and employ GenAI to personalize customer and employee experiences.
What Ails DGX?Escalating Debt Level: At the end of the fourth quarter of 2025, long-term debt totaled $5.17 billion, while the cash and cash equivalent balance was only $420 million. The current portion of the debt was $504 million. The times interest ratio, which indicates the company’s capacity to pay interest, was 6% in the quarter.
Unstable Macroeconomic Backdrop: As the U.S. healthcare system continues to evolve, Quest Diagnostics faces several inherent risks. Government payers, such as Medicare and Medicaid, have taken steps to reduce the utilization and reimbursement of healthcare services, including clinical testing services. Meanwhile, the industry-wide trend of consolidation has resulted in larger insurance plans with significant bargaining power, making it difficult for Quest Diagnostics to negotiate fee arrangements and possibly limiting access to its newer innovative solutions. With the new U.S. administration in place, any changes in U.S. healthcare regulation could have a material adverse effect on the company’s business.
DGX Stock Estimate TrendThe Zacks Consensus Estimate for Quest Diagnostics’ 2026 earnings per share (EPS) has increased 1.8% to $10.60 in the past 30 days.
The consensus estimate for the company’s 2026 revenues is pegged at $11.75 billion. This suggests 6.5% growth from the year-ago reported number.
Key PicksSome better-ranked stocks in the broader medical space are Globus Medical (GMED - Free Report) , Intuitive Surgical (ISRG - Free Report) and Edwards Lifesciences (EW - Free Report) .
Globus Medical has an earnings yield of 4.9%, well ahead of the industry’s -0.7% yield. Its earnings surpassed estimates in three of the trailing four quarters and missed on one occasion, the average surprise being 18.8%. The company’s shares have rallied 19.5% against the industry’s 3.7% fall in the past year.
GMED sports a Zacks Rank #1 (Strong Buy) at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
Intuitive Surgical, sporting a Zacks Rank #1, has an earnings yield of 2.1% against the industry’s -0.7% yield. Shares of the company have risen 1.5% against the industry’s 3.7% fall. ISRG’s earnings topped estimates in each of the trailing four quarters, the average surprise being 13.2%.
Edwards Lifesciences, carrying a Zacks Rank #2 (Buy) at present, has an earnings yield of 3.6% against the industry’s -0.7% yield. Shares of the company have climbed 23.2% against the industry’s 3.7% decline. EW’s earnings beat estimates in three of the trailing four quarters and missed on one occasion, the average surprise being 5.5%.
2026-03-10 12:251mo ago
2026-03-10 07:331mo ago
Stablecoin market expands, bitcoin rallies as Iran war panic cools
Your day-ahead look for March 10, 2026 Mar 10, 2026, 11:33 a.m.
A U.S. fighter jet touches down following an attack on Iran. (U.S. Navy via Getty Images modified by CoinDesk)What to know: If you're not already subscribed to the newsletter email, click here.
By Omkar Godbole (All times ET unless indicated otherwise)
The stablecoin market is expanding again, led by USDC, and bitcoin's BTC$70,616.65 rally is gathering steam.
The panic over the Iran war has cooled in the past 24 hours after President Donald Trump said the conflict could be over soon. The result: Bitcoin, which held resilient through the turmoil, has rallied past $70,000, up over 4%. The CoinDesk 20 Index, ether (ETH), solana (SOL), and XRP (XRP) are up 3% to 5%, and smaller coins like HYPE, ZEC, and RENDER rallying 7% to 11%.
The market capitalization of USDC, the second-largest dollar-pegged cryptocurrency, is fast closing on the record high of $78.6 billion, extending a recovery from the late-January low of $70.9 billion. Stablecoin leader USDT's supply has risen to $184 billion from the late-February low of $183.5 billion.
This upswing in supply of top coins pegged to the U.S. dollar indicates the dry powder sitting on the sidelines is increasing and could be deployed to fund new crypto purchases as the rally extends. ETF inflows are supportive of a continued bullish trend as well.
Some indicators, however, still call for caution. The Coinbase Premium Index, which measures the gap between bitcoin prices on the Nasdaq-listed Coinbase (COIN) exchange and offshore giant Binance, remains negative, a sign that demand from U.S. investors is still lagging. Historically, bull runs have seen sustained Coinbase premiums.
In traditional markets, oil has fallen back below $100, which supports continued stability in all risk assets, including cryptocurrencies. The dollar index and Treasury yields have also pulled back from recent highs. Stay alert!
Read more: For analysis of today's activity in altcoins and derivatives, see Crypto Markets Today
What to WatchFor a more comprehensive list of events this week, see CoinDesk's "Crypto Week Ahead".
CryptoMarch 10: Succint to host an announcement.MacroMarch 10, 9:00 a.m.: U.S. existing home sales for February est. 3.9M (Prev. 3.91M)Earnings (Estimates based on FactSet data)Nothing scheduled.Token EventsFor a more comprehensive list of events this week, see CoinDesk's "Crypto Week Ahead".
Governance votes & callsAavegotchi DAO is conducting ballot 1and 2 of a multi-sig signer election, asking token holders to choose one signer from various nominees. Voting ends March 10.Ssv.network DAO is voting to cancel DIP-46 and reallocate the originally approved $15 million development budget, splitting it into $14.9 million for DVT and $100,000 as a retroactive research grant. Voting ends March 10.Realtoken Ecosystem Governance DAO is voting to temporarily pause interest rates on the RMM (Real Estate Monetary Fund) to zero for 15 days. Voting ends March 10.UnlocksNo major unlocks.Token LaunchesNo major token launches.ConferencesFor a more comprehensive list of events this week, see CoinDesk's "Crypto Week Ahead".
Day 2 of 5: Policy Week 2026 (Sydney, Australia)Market MovementsBTC is up 2.56% from 4 p.m. ET Monday at $70,734.01 (24hrs: +4.60%)ETH is up 1.68% at $2,061.24 (24hrs: +3.38%)CoinDesk 20 is up 2.02% at 2,015.27 (24hrs: +4.08%)Ether CESR Composite Staking Rate is up 17 bps at 2.81%BTC funding rate is at 0.0024% (2.6105% annualized) on BinanceDXY is unchanged at 98.84Gold futures are up 2.02% at $5,194.10Silver futures are up 6.50% at $89.50Nikkei 225 closed up 2.88% at 54,248.39Hang Seng closed up 2.17% at 25,959.90FTSE 100 is up 1.84% at 10,437.86Euro Stoxx 50 is up 2.94% at 5,852.45DJIA closed on Monday up 0.50% at 47,740.80S&P 500 closed up 0.83% at 6,795.99Nasdaq Composite closed up 1.38% at 22,695.95S&P/TSX Composite closed up 0.32% at 33,189.30S&P 40 Latin America closed up 1.61% at 3.532,70U.S. 10-Year Treasury rate is unchanged at 4.14%E-mini S&P 500 futures are unchanged at 6,823.00E-mini Nasdaq-100 futures are unchanged at 25,100.25E-mini Dow Jones Industrial Average futures are unchanged at 47,948.00Bitcoin StatsBTC Dominance: 59.53% (0.77%)Ether-bitcoin ratio: 0.02905 (-0.27%)Hashrate (seven-day moving average): 1,008 EH/sHashprice (spot): $31.06Total fees: 2.52 BTC / $171,578CME Futures Open Interest: 103,205 BTCBTC priced in gold: 13.7 oz.BTC vs gold market cap: 4.76%Technical AnalysisSOL's daily chart. (TradingView)The chart shows SOL's daily price action in candlestick format since August last year. The token is again trapped in a back-and-forth trading range, this time between $75 and $90, mimicking the October and December-January pattern.The next move depends on the direction in which the range is ultimately resolved. A bullish resolution could bring a quick-fire rally above $100, while a breakdown would suggest continuation of the broader bearish trend. Crypto EquitiesCoinbase Global (COIN): closed on Monday at $199.79 (+1.30%), +3.46% at $206.70 in pre-marketCircle Internet Group (CRCL): closed at $111.84 (+9.74%), +2.18% at $114.28Galaxy Digital (GLXY): closed at $21.50 (+4.57%), +3.09% at $22.16MARA Holdings (MARA): closed at $8.66 (+8.11%), +2.31% at $8.86Riot Platforms (RIOT): closed at $14.70 (+3.78%), +2.52% at $15.07Core Scientific (CORZ): closed at $15.16 (+2.02%), +1.45% at $15.38CleanSpark (CLSK): closed at $9.61 (+4.34%), +2.29% at $9.83Exodus Movement (EXOD): closed at $10.83 (-0.64%)CoinShares Bitcoin Miners ETF (WGMI): closed at $37.33 (+3.49%)Bullish (BLSH): closed at $36.06 (+3.15%), +1.14% at $36.47Crypto Treasury Companies
Strategy (MSTR): closed at $138.95 (+4.06%), +3.25% at $143.46Strive Asset Management (ASST): closed at $8.51 (-2.18%), +4.58% at $8.90Sharplink (SBET): closed at $7.60 (+3.26%), +1.71% at $7.73Upexi (UPXI): closed at $0.97 (+7.78%), +6.19% at $1.03Lite Strategy (LITS): closed at $1.20 (+5.26%)ETF FlowsSpot BTC ETFs
Daily net flows: $167.1 millionCumulative net flows: $55.52 billionTotal BTC holdings ~ 1.28 millionSpot ETH ETFs
Daily net flows: -$51.3 millionCumulative net flows: $11.61 billionTotal ETH holdings ~ 5.73 millionSource: Farside Investors
While You Were SleepingTrump sends mixed signals on when the Iran war might end (The New York Times): Facing pressure after a surge in energy prices, President Trump said the war would be over “very soon.” He later said the fighting would go on for at least another week.Iraq becomes battleground for U.S. forces once again (The Wall Street Journal): The U.S. is targeting militias that have carried out dozens of drone and rocket attacks in a show of support for Iran.AI tokens rally after Nvidia open-source agent plan, outpacing CoinDesk 20 (CoinDesk): Cryptocurrencies linked to artificial intelligence after reports that Nvidia is preparing a new open-source platform for autonomous AI agents. The broader AI token sector rose about 4.8%.Western powers rally to defend Gulf state from Iranian attacks (Bloomberg): The move comes after Iran responded to U.S. and Israel strikes by firing missiles and drones at the United Arab Emirates, Bahrain, Qatar and other Gulf nations, disrupting oil production.More For You
CoinDesk Research looks into how Pudgy Penguins disrupts traditional toys market via a phygital model. With 2M+ units sold, they scale via global partnerships and events.
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Bitcoin stays calm while other markets panic: key levels to watch
Mar 9, 2026
Your day-ahead look for March 9, 2026
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2026-03-10 12:251mo ago
2026-03-10 07:341mo ago
Bitcoin, Ethereum, XRP, Dogecoin Up 5% After Trump Signals Iran Conflict De-Escalation
Bitcoin climbed back above $70,000 on Tuesday as easing geopolitical tensions and renewed ETF inflows lifted sentiment across the crypto market.
Bitcoin ETFs saw $167 million in net inflows on Monday, while Ethereum ETFs reported $51.3 million in net outflows.
The meme coin sector is up 5% to a market capitalization of $32 billion.
Trader Commentary:
Titan of Crypto said Bitcoin's rally is encouraging but warned that a confirmed trend reversal would require reclaiming the 38.2% Fibonacci retracement level near $74,500.
Crypto Tony highlighted $88 as a key level for Solana. If the price reaches that level, the market could either face rejection or break above it, a move that might trigger stronger upside momentum.
Cryptoinsightuk sees XRP funding rates have been negative 31 of the past 39 days, a pattern last seen in April 2025 before the asset rallied to new all-time highs. A similar setup also appeared during the 2022 market lows, when XRP traded between $0.28 and $0.55.
Crypto chart analyst Ali Martinez added that Dogecoin is consolidating within a triangle pattern, a structure that often precedes a breakout. Based on the formation, the setup points to a potential 37% move once the breakout occurs.
Image: Shutterstock
Market News and Data brought to you by Benzinga APIs
Privately held manufacturing firm GIGA has increased its Bitcoin holdings to 1,252 BTC after acquiring 38 BTC last month, the company disclosed on Monday.
GIGA said the purchase supports its treasury strategy, using Bitcoin as a long-term reserve asset to enhance financial resilience. The firm made its first BTC purchase last July, acquiring 1,129 coins.
With Bitcoin trading at $70,654 at press time, GIGA’s stash is now valued at around $88 million. This positions the firm as the eighth-largest private holder of Bitcoin, while among public and private companies combined, GIGA ranks 46th in Bitcoin holdings, per BitcoinTreasuries.NET.
In early 2026, GIGA joined Bitcoin For Corporations as an Executive Member, showcasing how Bitcoin balance sheets support industrial growth in construction technology.
Disclosure: This article was edited by Vivian Nguyen. For more information on how we create and review content, see our Editorial Policy.
2026-03-10 12:251mo ago
2026-03-10 07:371mo ago
Top Ethereum Price Predictions as Analyst Claims ETH Is Back in the Discount Zone
Modest increase, major bull run, or new pullback: what's next for ETH?
Despite the turbulence over the past few weeks caused by geopolitical tension and other factors, Ethereum (ETH) managed to stabilize above $2,000.
Multiple industry participants expect the asset to post substantial gains in the near future, with some suggesting that the current levels provide a great buying opportunity.
New ATH in the Making? The cryptocurrency market, which has been on a rollercoaster lately, experienced a significant revival today (March 10) after US President Donald Trump claimed the war with Iran “is very complete, pretty much.” ETH followed the green wave and is currently trading around $2,070, up 3% on a daily basis.
According to the popular market observer who goes by the moniker Merlijn The Trader on X, the second-largest cryptocurrency has returned to “the discount zone.” He believes the ongoing structure mirrors that of 2023, which was followed by a bull run.
In his view, holding the crucial $2,000 mark could lead to a major rally to almost $10,000, whereas losing it would mean that “the discount zone extends lower.”
For his part, X user James argued that ETH’s performance is similar to NVIDIA “before it melted faces.” That said, he expects the digital asset to follow the footsteps of the AI giant and explode to a new all-time high in the coming years.
Satoshi Flipper is also bullish, albeit making a more modest prediction. The trader thinks that a potential resolution to the military conflict between the USA (supported by Israel) and Iran could drive ETH to $2,500.
You may also like: Is Ethereum Waking Up? Binance ETH Turnover Hits 6-Month High as Volatility Returns Buterin Says Ethereum’s Biggest Bottlenecks Are State Tree and VM, Proposes Deep Fix The $6.1M Wallet: Inside LinkedIn Founder Reid Hoffman’s Ethereum Holdings Certain on-chain indicators support the optimistic scenario. Some X users, for instance, revealed that whales continue to accumulate ETH: a development that reduces the number of tokens available on the open market and could trigger a rally (should demand remain constant or head north). The actions of large investors are also closely monitored by smaller players, who may follow suit and inject fresh capital into the ecosystem.
It is worth noting that Tom Lee’s BitMine is a notable whale that plays a main role in the buying spree. Most recently, the company purchased almost 61,000 ETH for approximately $123 million, thus increasing its total holdings to 4,535,563 coins.
Another Downtrend on the Horizon? Contrary to the bullish predictions observed above, some analysts and traders expect ETH to head south soon. X user Crypto Tony said they await a potential rejection at around $2,060 “to short this down again.”
For his part, Ted predicted that ETH could soar to $2,400 if reclaiming the $2,150 level. After that, though, he sees “a decent chance” that the asset would dump toward new lows.
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2026-03-10 12:251mo ago
2026-03-10 07:371mo ago
A single crypto trader is sitting on a $194 million bet that bitcoin and ether will keep climbing
A single crypto trader is sitting on a $194 million bet that bitcoin and ether will keep climbingWhales on Hyperliquid are piling into leveraged bitcoin and ether longs as BTC rallies to $71K, fueling bets the cryptocurrency will break above $75,000. Mar 10, 2026, 11:37 a.m.
Crypto traders on the perpetuals exchange Hyperliquid are placing increasingly aggressive leveraged bets that bitcoin will break above $75,000 after a sharp rally at the start of the week.
Bitcoin climbed to around $71,000 on Tuesday, up from roughly $65,000 when BTC futures opened on Sunday evening. The move has reignited calls for a retest of recent highs after being rejected near $74,000 last week.
Onchain data shows several large traders — often referred to as “whales” — opening highly leveraged long positions on Hyperliquid as prices rise.
One trader is holding ether (ETH) and bitcoin BTC$70,592.97 long positions worth $194 million with unrealized profit and loss standing at around $6.5 million. Another account has $103 million worth of long positions across a multitude of trading pairs, betting on a broader crypto breakout as opposed to a major-dominated rally.
Positions on Hyperliquid are typically opened with leverage, allowing traders to amplify exposure. One wallet, for example, opened a series of trades using 20x leverage, meaning a $1 million account could control a $20 million bitcoin position. This trader opened 20x leveraged longs on 600 BTC worth about $42.5 million while simultaneously taking a 20x long position on 20,000 ETH valued at roughly $41.2 million.
HyperLiquid positions (Coinmarketman)The whale also appears to be accumulating ether in spot markets. Data shows the address spent $21 million in USDC to purchase 10,158 ETH at an average price of $2,067 shortly before opening the derivatives positions.
Other nine-figure long positions demonstrate one thing: Crypto traders are confident this breakout will stick and won't be a bull trap like last week.
A separate wallet, 0x985f, is taking a different macro stance. The address deposited $9.5 million in USDC into Hyperliquid within a five-hour window before opening 20x leveraged short positions on oil futures, including roughly $8.17 million in crude oil (CL) contracts and $6.15 million in Brent oil.
The same trader also opened short positions across several crypto tokens, including HYPE, PUMP, XPL, APT and ASTER, suggesting a broader bearish stance on select altcoins while large traders concentrate bullish bets on bitcoin and ether.
The positioning highlights how decentralized derivatives platforms such as Hyperliquid have become a hub for large leveraged bets during periods of strong bitcoin momentum.
A break above $75,000 could force short sellers to cover and accelerate the rally, while a move lower would quickly test the conviction of traders piling into nine-figure leveraged longs.
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Disrupting a Stagnant Market: Pudgy Penguins is utilizing a "Negative CAC" model to challenge the traditional $31.7B licensed toy industry by treating physical merchandise as a profitable user acquisition tool rather than just a final product.More For You
Traders snapped up nearly 600,000 BTC as bitcoin dipped below $70,000, blockchain data show
10 minutes ago
Glassnode data shows strong demand during bitcoin’s recent correction, with 200,00 BTC purchased over the past two weeks.
What to know:
Nearly 600,000 BTC were accumulated in the $60,000 to $70,000 range during bitcoin’s latest correction.Data from Checkonchain shows around 60% of the circulating supply, is currently in profit, implying about 40% has a cost basis above $70,000.
2026-03-10 12:251mo ago
2026-03-10 07:381mo ago
Ripple Hosts XRP, XRP Ledger and RLUSD Under One Roof: Reece Merrick
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Ripple Labs has decided to become a single global payment platform where banks and companies can use XRP, XRP Ledger and RLUSD. Ripple’s Managing Director, Middle East & Africa, Reece Merrick, shared the update while highlighting the achievements made by the firm in the cryptocurrency space, providing financial services.
Institutional Infrastructure Powers Ripple’s Global ExpansionNotably, Ripple’s different services in the global financial space have been catering to the needs of different categories of users. Traditionally, banks allow users to make fiat payments, while a crypto exchange enables the trade of digital assets.
The safe storage of crypto assets is handled by a custodian, while a liquidity provider engages in currency conversion. Merrick maintains that Ripple now wants to replace all that fragmented system with ‘multiple vendors’ with one platform.
That is, Ripple will become a ‘one-stop shop’ meant to handle all forms of financial transactions using its established infrastructure. So, instead of users juggling different platforms or moving between vendors, Ripple alone will meet their diverse needs.
This could be payments in fiat currencies like U.S. dollars, euros, yen, among others. Ripple will also handle cryptocurrencies, stablecoins like RLUSD, and custody services to secure storage of digital assets.
Merrick assured that Ripple has built institutional scale platform to handle all these services under one roof. He assures that Ripple’s infrastructure could cater to banks, fintechs, and large financial institutions.
Ripple’s capacity is in the over $100 billion that it has processed for users while operating in over 60 markets. The firm has also provided 51 real-time rails, that is, payment networks that enable instant transfers across the globe at a fast speed.
Interestingly, Ripple does all of these by complying with regulatory authorities as it currently holds over 75 licenses in countries where it operates. Ripple’s USD stablecoin (RLUSD) has also gained traction in the broader crypto space, hitting over $1 billion in market cap within one year.
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Africa as Key Growth Market for Ripple’s StablecoinsOne notable region where Ripple is leveraging its RLUSD is the African fintech market.
Reece Merrick says Africa has an over 9% adoption rate of stablecoins for cross-border payments in trade and financial inclusion.
Hence, Ripple has partnered with businesses in the region, including Chipper Cash, Yellow Card, and VALR, to tap into the growing market in Africa.
Ripple’s strategy is to bridge the digital asset liquidity gap and also offer solutions to specific challenges in the region.
2026-03-10 12:251mo ago
2026-03-10 07:381mo ago
Royal Government of Bhutan Moves 175 BTC as Bitcoin Price Reclaims $71,000
The Royal Government of Bhutan has transferred 175 BTC, according to Arkham. The transaction had a value of nearly $11.85 million as Bitcoin traded above $69,000. The move came from one of the government’s primary holding wallets, which has been active since the start of the year.
This was Bhutan’s first transfer since last month, when the government moved about $6.8 million in Bitcoin. With the latest sale, total Bitcoin outflows for the year reached more than $42 million. Arkham stated that “Bhutan periodically sells portions of its Bitcoin in clips of $5 million to $10 million,” which matches the pace seen across recent months.
Last year, the government carried out much larger transfers. In July, it moved more than $60 million in several days. Holdings were reduced from more than 11,000 BTC as Bitcoin prices later shifted from last year’s highs.
Bhutan’s Bitcoin Holdings and ManagementBhutan’s current Bitcoin holdings stand near 5,400 BTC. These reserves are valued around $372 million to $374 million, depending on the market price. Druk Holding & Investments manages the assets. The fund oversees several national enterprises and acts as the principal financial arm of the state.
Bhutan gathered much of its position through mining powered by hydroelectric energy. This allowed the country to build digital reserves with renewable resources. Mining continues to support the national treasury while transfers help manage liquidity needs.
Bhutan remains among the largest sovereign holders of Bitcoin. It currently ranks seventh based on publicly viewed wallets.
Bitcoin traded near $68,500 during Bhutan’s transfer. Markets saw fresh movement after a comment from former U.S. President Donald Trump regarding conflict developments in Iran. He said, “War is very much complete in Iran,” which drew quick responses across commodities and crypto markets. Oil prices fell soon after his statement, while Bitcoin moved higher.
Analyst Michaël van de Poppe noted the change in market tone. He said that Bitcoin moving back above $71,000 showed early progress as higher lows continued to form.
Source: X
Concurrently, according to Glassnode data, the trading activity in the spot market remained softer, yet several indicators suggested a more stable environment. As per analysts at Glassnode, the futures open interest increased as some traders added leverage.
In addition, the funding rates have turned sharply negative, which points to stronger demand for short positions. Moreover, the BTC perpetual contract flows showed rising buy-side activity, which is a precursor of a bullish recovery towards $70,000.
2026-03-10 12:251mo ago
2026-03-10 07:421mo ago
Over 6.3 Billion SHIB Shorts Liquidated Amid Market Imbalance
Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Shiba Inu rebounded to a high of $0.00000575 on Tuesday, extending a recovery from a low of $0.00000522 following the sell-off in the past week.
Major tokens rebounded on Tuesday as optimism on risk markets increased. At the time of writing, SHIB was up 5.47% in the last 24 hours to $0.00000567.
The price increase caught bearish traders unawares, with shorts being majorly liquidated in a market imbalance.
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According to CoinGlass data, Shiba Inu saw a total $48,260 in liquidations; short liquidations account for the majority at $38,680, or 6.3 billion SHIB. Long liquidations only account for $9,580.
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This liquidation imbalance follows a broader trend on the market, with shorts mostly wiped out amid the latest price recovery.
According to CoinGlass data, a total of $327 million was liquidated in crypto positions across the entire market; short positions accounted for $200 million of this figure.
Shiba Inu price actionShiba Inu reversed a four-day drop and began to rise on Monday. The recovery extends on Tuesday with Shiba Inu reaching $0.000000575. The dog coin has reversed weekly losses, up 7.4% in the last seven days.
On-chain and derivatives indicators indicate the market is eyeing a rise after the recent sell-off, though conviction has yet to fully return.
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Analysts believe that the market "already absorbed the negatives and priced them in," with the next move now being awaited.
This week awaits a slew of economic data, with investors bracing for February inflation data due Wednesday, followed by the January personal consumption expenditures index and JOLTS job openings figures on Friday.
The Shiba Inu Bollinger Bands are contracting on the weekly chart. This classic technical signal suggests the meme coin might be consolidating for a potentially major move. The narrowing of the bands follows consecutive weekly price drops, with the SHIB price falling in the last three weeks.
The next resistance targets for Shiba Inu in the short term are at $0.00000587 and $0.00000653, while support is expected at $0.00000526.