Market Signal Briefing

NEW YORK--(BUSINESS WIRE)--Labaton Keller Sucharow LLP (“Labaton”) announces that, on November 25, 2025, it filed a securities class action lawsuit (the “Complaint”) on behalf of its client Boston Retirement System (“Boston”) against DexCom, Inc. (“DexCom” or the “Company”) (NASDAQ: DXCM) and certain DexCom officers (collectively, “Defendants”). The action, which is captioned Boston Retirement System v. DexCom, Inc., No. 25-cv-03284 (S.D. Cal Nov. 25, 2025) asserts claims under Sections 10(b) a.

Key Takeaways
Kohl's shares hit their highest point since July 2024 on Tuesday after the retailer's third-quarter results topped estimates.The results come a day after Kohl's said interim chief executive Michael Bender is officially its permanent CEO, after previous head executive Ashley Buchanan was fired for cause earlier this year.

Kohl's (KSS) shares soared Tuesday after the retailer reported a surprise profit and better-than-expected sales, a day after removing the "interim" tag from CEO Michael Bender's title.

The company said Tuesday it earned an adjusted $0.10 per share, well above the $0.19 adjusted loss per share that analysts had projected, according to estimates compiled by Visible Alpha. Revenue came in at $3.58 billion and comparable store sales fell 1.7% from the same time a year ago, each better than Wall Street had anticipated.

The stock gained 43% to finish the session at $22.42, its highest level since July 2024. This marked the second time this year that Kohl's shares gained about 40% in a single trading session. When it last happened in July, the stock seemed to have become the latest meme play, as that surge came in the absence of any news.

Why This Matters to Investors
Kohl's previous CEO Ashley Buchanan unveiled a turnaround plan early in his tenure, focused on re-centering the retailer's efforts on product categories that it knows consumers love, and emphasize its role as a value destination. However, Buchanan was fired just months into his tenure, leaving Bender as interim CEO to continue implementing the plan.

"These results are a direct reflection of the progress we are making against our 2025 initiatives, reinforcing our confidence as we continue to move in the right direction," Bender said.

Bender officially became the permanent CEO Monday, after serving as the interim head executive since the start of May, when previous CEO Ashley Buchanan was fired. Just a few months into his tenure, Buchanan was dismissed for cause over allegations that he had improperly funneled business to a vendor that included a personal contact.

Kohl's has had some success with its turnaround plan, focusing on catering to customers looking for things like jewelry and private label products, as it also topped estimates last quarter.

With today's massive gain, Kohl's shares are up 60% since the start of the year, far outpacing the performance of major retail sector stocks and the benchmark S&P 500 index.

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[email protected]

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Funding provided by the American Water Charitable Foundation

CAMDEN, N.J.--(BUSINESS WIRE)--The American Water Charitable Foundation, a philanthropic non-profit organization established by American Water (NYSE: AWK), the largest regulated water and wastewater utility company in the U.S., and New Jersey American Water announced today the recipients of its 2025 Community Advancement Grant, offered through the Foundation’s State Strategic Impact Grant Program. This year, the Foundation awarded $25,000 to 10 distinguished organizations to help expand access to opportunities and promote progress for individuals with limited access to programs or services throughout New Jersey.

“A Hand to Hold is truly honored to receive this grant from the American Water Charitable Foundation and New Jersey American Water. This support comes at a crucial time for our organization and will directly strengthen our impact, enabling us to reach more youth and families in Camden,” said Ayana Baker, Executive Director of A Hand to Hold Inc. “We intend to use these funds to expand our enrichment programs, provide essential resources, and continue creating safe spaces where young people feel seen, supported, and valued.”

This year’s grants will be used in various ways to develop and implement programs, training or community-related projects in the communities we serve.

The 2025 Community Advancement Grant recipients include:

A Hand to Hold, Inc. – Expand Pathways to Success and Youth Hygiene Pantry Initiatives Program

Domestic Abuse & Sexual Assault Crisis Center of Warren County – Increase community access to programs and services

Feeding Hands, Inc. – Expand Kids in the Kitchen healthy cooking program

HABcore, Inc. – Expand services supporting affordable housing

Hairy’s Dog House – Expand outreach programs for children in hospitals

JPELITE Enterprise – Expand initiatives for Young Engineers Enrichment Program

Meeting Essential Needs with Dignity, Inc. (MEND) – Extend Mobile Market program to the community

New Jersey Blind Citizen Association, Inc. – Improve quality of life for the visually impaired

Tara’s Happy Boxes – Expand wellness services for children

VET4U, LLC – Increase outreach program for homeless veterans

“The Community Advancement Grant Program continues to strengthen communities across New Jersey by supporting organizations committed to meaningful impact,” said Mark McDonough, president of New Jersey American Water and American Water Charitable Foundation board member. “These grants honor the exceptional efforts of our 2025 recipients and reaffirm our shared dedication to expanding opportunity, deepening community connections, and building a brighter, more resilient future for all.”

Funding for the Community Advancement Grant Program is provided by the American Water Charitable Foundation, as part of its State Strategic Impact Grant Program, focused on high-impact projects and initiatives throughout American Water’s national footprint. State Strategic Impact grants are part of the Foundation’s Keep Communities Flowing Grant Program, focused on three pillars of giving: Water, People and Communities.

For more information about New Jersey American Water and the Community Advancement grant program, please visit www.newjerseyamwater.com.

About American Water

American Water (NYSE: AWK) is the largest regulated water and wastewater utility company in the United States. With a history dating back to 1886, We Keep Life Flowing® by providing safe, clean, reliable, and affordable drinking water and wastewater services to more than 14 million people with regulated operations in 14 states and on 18 military installations. American Water's 6,700 talented professionals leverage their significant expertise and the company’s national size and scale to achieve excellent outcomes for the benefit of customers, employees, investors and other stakeholders.

For more information, visit amwater.com and join American Water on LinkedIn, Facebook, X and Instagram.

About American Water Charitable Foundation

The American Water Charitable Foundation, a philanthropic non-profit organization established by American Water, focuses on three pillars of giving: Water, People, and Communities. Since 2012, the Foundation has invested more than $20 million in funding through grants and matching gifts to support eligible organizations in communities served by American Water. The Foundation is funded by American Water shareholders and has no impact on customer rates. For more information, visit amwater.com/awcf.

About New Jersey American Water

New Jersey American Water, a subsidiary of American Water, is the largest regulated water utility in the state, providing safe, clean, reliable and affordable water and wastewater services to approximately 2.9 million people. For more information, visit www.newjerseyamwater.com and follow New Jersey American Water on LinkedIn, Facebook, X, and Instagram.

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November 25, 2025 16:46 ET

 | Source:

Abitibi Metals Corp.

Not for distribution to U.S. news wire services or dissemination in the United States.

LONDON, Ontario, Nov. 25, 2025 (GLOBE NEWSWIRE) -- Abitibi Metals Corp. (CSE: AMQ) (OTCQB: AMQFF) (FSE: FW0) (“Abitibi” or the “Company”) has announced today that it has entered into an agreement with a syndicate of underwriters led by BMO Capital Markets, as sole bookrunner, and Haywood Securities, as co-lead, under which the underwriters (the "Underwriters") have agreed to buy on bought deal basis 12,300,000 charity flow-through common shares (the “Charity Flow-Through Common Shares”), at a price of C$0.57 per Charity Flow-Through Common Share and 8,580,000 hard dollar common shares (the “Common Shares”), at a price of C$0.35 per Common Share, for total gross proceeds of approximately C$10 million (the “Offering”). The Company has granted the Underwriters an option, exercisable at the offering price for a period of 30 days following the closing of the Offering, to purchase up to an additional 15% of the Offering to cover over-allotments, if any.

Each Charity Flow-Through Common Share will qualify as a “flow-through share” within the meaning of subsection 66(15) of the Income Tax Act (Canada) and, in respect of eligible Québec resident subscribers, section 359.1 of the Taxation Act (Québec).

The offering is expected to close on or about December 16, 2025 and is subject to Abitibi receiving all necessary regulatory approvals.

The gross proceeds from the Charity Flow-Through Common Shares will be used for continued advancement of the Company’s B26 Polymetallic Deposit and the net proceeds from the Common Shares for general corporate purposes.

The Charity Flow-Through Common Shares and Common Shares will be offered by way of a short form prospectus in all of the provinces of Canada, and may also be offered by way of private placement in the United States.

The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

About Abitibi Metals Corp.

Abitibi Metals Corp. is dedicated to acquiring and exploring mineral properties within Quebec, with a particular emphasis on high-quality base and precious metal assets that offer significant potential for growth and expansion.

Forward-looking statement:

This news release contains certain statements, which may constitute “forward-looking information" within the meaning of applicable securities laws. Forward-looking information involves statements that are not based on historical information but rather relate to future operations, strategies, financial results or other developments on the B26 Project or otherwise. Forward-looking information is necessarily based upon estimates and assumptions, which are inherently subject to significant business, economic and competitive uncertainties and contingencies, many of which are beyond the Company's control and many of which, regarding future business decisions, are subject to change. These uncertainties and contingencies can affect actual results and could cause actual results to differ materially from those expressed in any forward-looking statements made by or on the Company's behalf. Although Abitibi has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. All factors should be considered carefully, and readers should not place undue reliance on Abitibi's forward-looking information. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “expects,” “estimates,” “anticipates,” or variations of such words and phrases (including negative and grammatical variations) or statements that certain actions, events or results “may,” “could,” “might” or “occur”. Mineral exploration and development are highly speculative and are characterized by a number of significant inherent risks, which may result in the inability of the Company to successfully develop current or proposed projects for commercial, technical, political, regulatory or financial reasons, or if successfully developed, may not remain economically viable for their mine life owing to any of the foregoing reasons, among others. There is no assurance that the Company will be successful in achieving commercial mineral production and the likelihood of success must be considered in light of the stage of operations.

For more information, please contact Jon Deluce (CEO & President, Director) at 226-271-5170, email [email protected], or visit https://www.abitibimetals.com.

Gold isn’t the only commodity that might be worth keeping a closer eye on right now. Recent insights from the team at Sprott Asset Management examined why advisors and investors may want to look for opportunities to enhance uranium exposure. According to the Sprott report, this is due to an ever-growing gap between uranium supply and demand. 

Already in 2025, the Sprott report found that supply is falling far behind ongoing demand. Currently uranium supplies are facing a deficit of 5.4 million pounds, according to Sprott. 

This gap is projected to only grow in the years to come. Sprott’s report expects that by 2024, the uranium supply deficit will expand to about 197.0 million pounds. The deficit isn’t coming from a lower mine production, but from uranium production not being able to keep up with skyrocketing demand. 

Some may be wondering where the rising demand for uranium is coming from, exactly. Growing AI adoption and corporate interest is fueling part of the demand. Increased AI innovation and adoption requires stronger infrastructure, fueling demand for uranium and other critical materials. 

Furthermore, demand and interest in clean energy isn’t going away any time soon. One of the solutions for more climate-friendly energy has been to lean into nuclear energy, which requires more uranium to power operations. 

This creates an interesting buy opportunity for advisors and investors. With demand for uranium set to outpace supply, those with exposure to uranium and its miners could be poised to benefit. 

Fueling the Uranium Demand With URNM
The Sprott Uranium Miners ETF (URNM) can help investors gain focused exposure to the uranium industry. URNM provides exposure to both physical uranium and its miners, all within a singular ETF wrapper. 

This approach could very well pay off if the supply-demand gap for uranium further widens in the years to come. URNM’s investments in miners and physical uranium provide multiple avenues to capitalize on growing demand. 

In the meantime, the fund is still posting compelling results this year. As of October 31, 2025, the fund’s NAV has increased 59.89% year-to-date. 

For more news, information, and analysis, visit the Gold/Silver/Critical Minerals Content Hub.

VettaFi LLC (“VettaFi”) is the index provider for URNM, for which it receives an index licensing fee. However, URNM is not issued, sponsored, endorsed, or sold by VettaFi, and VettaFi has no obligation or liability in connection with the issuance, administration, marketing, or trading of URNM.

“Bullish” refers to an outlook or sentiment that a particular stock, sector, or the overall market is expected to rise in value.

The North Shore Global Uranium Mining Index includes companies primarily involved in uranium mining, exploration, production, and holding physical uranium—tilted toward junior miners.

The Nasdaq Sprott Junior Uranium Miners Index (NSURNJ) tracks the performance of small‑ and mid‑cap global companies engaged in uranium mining, exploration, development, production, royalties, or supply.

An investor should consider the investment objectives, risks, charges, and expenses carefully before investing. To obtain a Prospectus, which contains this and other information, contact your financial professional or call 888.622.1813. Read the Prospectus carefully before investing, which can also be found by clicking one of the links below.

Past performance is no guarantee of future results.  One cannot invest directly in an index.

Funds that emphasize investments in small/mid-cap companies will generally experience greater price volatility. Diversification does not eliminate the risk of investment losses. ETFs are considered to have continuous liquidity because they allow an individual to trade throughout the day. A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses, affect the Fund’s performance.

Sprott Asset Management USA, Inc. is the Investment Adviser to the ETFs. ALPS Distributors, Inc. is the Distributor for the ETFs and is a registered broker-dealer and FINRA Member. ALPS Distributors, Inc. is not affiliated with Sprott Asset Management USA, Inc. or VettaFi.

Exchange Traded Funds (ETFs):  SETM, LITP, URNM, URN, COPP, COPJ, NIKL, SGDM, SGDJ, SLVR, GBUG, METL

Physical Bullion Funds:PHYS, PSLV, CEF, and SPPP.

Gold and precious metals are referred to with terms of art like store of value, safe haven and safe asset. These terms should not be construed to guarantee any form of investment safety. While “safe” assets like gold, Treasuries, money market funds and cash generally do not carry a high risk of loss relative to other asset classes, any asset may lose value, which may involve the complete loss of invested principal.

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SAN DIEGO, Nov. 25, 2025 (GLOBE NEWSWIRE) --

Company: Fiserv, Inc. (NASDAQ: FISV) is a Milwaukee, Wisconsin-based global payments and financial technology provider.

What is the class period? July 23, 2025 and October 29, 2025

What is the case about? Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Fiserv, Inc. during the class period because the Company allegedly misled investors regarding its 2025 financial growth.

For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.

What are the allegations? According to the complaint, in July 2025, Fiserv revised its 2025 guidance, including lowering its organic revenue growth guidance based on a review, termed a “re-underwrit[ing],” of the Company’s new initiatives and products. The Company told investors that although certain of those initiatives and projects were delayed, they were fundamentally sound.

However, the complaint alleges that Fiserv’s representations to the market in July 2025 were false and misleading. On October 29, 2025, Fiserv announced disappointing third quarter 2025 financial results and admitted that the Company’s 2025 guidance disclosed in July 2025 was based on “assumptions . . . which would have been objectively difficult to achieve even with the right investment and strong execution.” In addition, Fiserv disclosed that it had during the third quarter conducted a full review of its new initiatives and products—conceding that the prior “re-underwrit[ing]” was incomplete—and “made the decision to deprioritize the short-term revenue and expense initiatives.” On this news, the price of Fiserv’s common stock plummeted $55.57 per share, or 44%, from a closing price of $126.17 per share on October 28, 2025 to a closing price of $70.60 on October 29, 2025.

What can you do now? You may be eligible to participate in the class action against Fiserv, Inc. Shareholders who wish to serve as lead plaintiff for the class must submit their papers to the court by January 5, 2026. The lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here.

All representation is on a contingency fee basis. Shareholders pay no fees or expenses.

About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002.

To be notified if a class action against Fiserv, Inc. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today.

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November 25, 2025 15:25 ET

 | Source:

StorageVault Canada Inc.

 THE PROSPECTUS IS ACCESSIBLE THROUGH SEDAR+

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

TORONTO, Nov. 25, 2025 (GLOBE NEWSWIRE) -- STORAGEVAULT CANADA INC. (“StorageVault”) (SVI-TSX) is pleased to announce that, further to its November 12, 2025 news release, it has obtained a receipt for the final short form prospectus (the “Prospectus”) filed with the securities regulatory authorities in each of the provinces of Canada, in connection with the offering of listed senior unsecured hybrid debentures due December 31, 2030, for gross proceeds of $50,000,000 (the “Offering”). The closing of the Offering is subject to customary regulatory approvals, including the approval of the Toronto Stock Exchange (“TSX”).

Delivery of the Prospectus and any amendments thereto will be satisfied in accordance with the “access equals delivery” provisions of applicable Canadian securities legislation. A copy of the Prospectus may be obtained on SEDAR+ at www.sedarplus.ca and from CIBC Capital Markets at 161 Bay Street, 5th Floor, Toronto, ON M5J 2S8 or by telephone at 416-956-6378 or by email at [email protected] or from: Scotiabank at 40 Temperance Street, 6th Floor, Toronto, Ontario M5H 0B4, Attention: Equity Capital Markets or by phone at 416-863-7704 or by email at [email protected]. The Prospectus contains important detailed information about StorageVault and the Offering. Prospective investors should read the Prospectus, and any amendments thereto, and the other documents StorageVault has filed on SEDAR+ at www.sedarplus.ca before making an investment decision.

The securities offered pursuant to the Offering have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, (the “1933 Act”) and may not be offered, sold or delivered, directly or indirectly, in the United States, or to, or for the account or benefit of, “U.S. persons” (as defined in Regulation S under the 1933 Act), except pursuant to an exemption from the registration requirements of the 1933 Act. This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States or to, or for the account or benefit of, U.S. persons.

About StorageVault Canada Inc.
StorageVault owns and operates 265 storage locations across Canada. StorageVault owns 232 of these locations plus over 5,000 portable storage units representing over 13.2 million rentable square feet on 768 acres of land. StorageVault also provides last mile storage and logistics’ solutions and professional records management services, ‎such as document and media storage, imaging and shredding services.

For further information, contact Mr. Steven Scott or Mr. Iqbal Khan:

Tel: 1-877-622-0205

[email protected]

Follow us:

Instagram: @accessstorageca @depotiumminientrepot @sentinelstorageca @cubeitportablestorage
Facebook: /AccessStorageCA /Depotium /SentinelStorageCanada /Cubeit /FlexSpaceLogistics

Forward-Looking Information: This news release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. All statements, other than statements of historical fact, included herein are forward-looking information. In particular, this news release contains forward-looking information regarding: the Offering, including statements regarding the receipt of all regulatory and TSX approvals for the Offering‎. There can be no assurance that such forward-looking information will prove to be accurate, and actual results and future events could differ materially from those anticipated in such forward-looking information. This forward-looking information reflects StorageVault’s current beliefs, estimates, forecasts and projections and is based on information currently available to StorageVault and on assumptions StorageVault believes are reasonable. These assumptions include, but are not limited to, assumptions regarding: all conditions to completion of the Offering being satisfied or waived, including obtaining TSX final approval for the Offering and the listing of the Debentures. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of StorageVault to be materially different from those expressed or implied by such forward-looking information. Such risks and other factors may include, but are not limited to: general business, economic, competitive, political and social uncertainties; general capital market conditions and market prices for securities; delay or failure to receive third party or regulatory approvals; the actual results of StorageVault’s future operations; competition; changes in legislation, including environmental legislation, affecting StorageVault; the timing and availability of external financing on acceptable terms; conclusions of economic evaluations and appraisals; lack of qualified, skilled labour or loss of key individuals; and the impact that the imposition of trade tariffs, particularly from the United States, may have on the global economy, and the economy in Canada in particular. A description of additional risk factors that may cause actual results to differ materially from forward-looking information can be found in StorageVault’s disclosure documents on the SEDAR+ website at www.sedarplus.ca. Although StorageVault has attempted to identify important risks and factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Readers are cautioned that the foregoing list of factors is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking information as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Forward-looking information contained in this news release is expressly qualified by this cautionary statement. The forward-looking information contained in this news release represents the expectations of StorageVault as of the date of this news release and, accordingly, is subject to change after such date. However, StorageVault expressly disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities law.

SAN DIEGO, Nov. 25, 2025 (GLOBE NEWSWIRE) --

Company: Baxter International Inc. (NYSE: BAX) is a global company that develops, manufactures, and markets medical products used in hospitals and other healthcare facilities.

What is the class period? February 23, 2022 and July 30, 2025

What is the case about? Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Baxter International, Inc. because the Company Mislead Investors Regarding the Safety of its Novum LVP.

For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.

What are the allegations? According to the complaint, during the class period, defendants failed to disclose that: (a) the Novum LVP (a device used for the controlled delivery of intravenous (“IV”) fluids that carry medications, blood products, and nutrients to patients) suffered systemic defects that caused widespread malfunctions, including underinfusion, overinfusion, and complete non-delivery of fluids, which exposed patients to risks of serious injury or death; (b) Baxter was notified of multiple device malfunctions, injuries, and deaths from these defects; (c) Baxter’s attempts to address these defects through customer alerts were inadequate remedial measures, when design flaws persisted and continued to cause serious harm to patients; (d) as a result, there was a heightened risk that customers would be instructed to take existing Novum LVPs out of service and that Baxter would completely pause all new sales of these pumps; and (e) based on the foregoing, Baxter’s statements about the safety, efficacy, product rollout, customer feedback and sales prospects of the Novum LVPs were materially false and misleading.

Plaintiff alleges that on July 31, 2025, Baxter announced the suspension of all new Novum LVP sales, informing investors that it would “voluntarily and temporarily pause shipments and planned installations of the Novum LVP” and that the Company was “unable to currently commit to an exact timing for resuming shipment and installation for Novum LVPs.” On this news, Baxter stock dropped 22.4%, closing at $21.76 on July 31, 2025.

What are the next steps? You may be eligible to participate in the class action against Baxter International, Inc. Shareholders who wish to serve as lead plaintiff for the class must submit their papers to the court by December 15, 2025. The lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here.

All representation is on a contingency fee basis. Shareholders pay no fees or expenses.

About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002.

To be notified if a class action against Baxter International, Inc. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today.

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SAN DIEGO, Nov. 25, 2025 (GLOBE NEWSWIRE) --

Company: MoonLake Immunotherapeutics (MLTX) is a Swiss clinical-stage biotechnology company focused on inflammatory diseases driven by interleukin-17 (IL-17), particularly in dermatology and rheumatology.

What is the class period? March 10, 2024 - September 29, 2025

What is the case about? Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired MoonLake Immunotherapeutics common stock because the Company allegedly misled investors regarding the efficacy of its drug candidate.

For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.

What are the allegations: According to the complaint, during the class period, defendants disclose material facts, regarding the distinction between the Nanobodies and monoclonal antibodies, including that: (1) that SLK (MoonLake's phase 2 drug) and BIMZELX (the FDA approved drug against which SLK would have to demonstrate superior efficacy) share the same molecular targets (the inflammatory cytokines IL-17A and IL-17F); (2) that SLK’s distinct Nanobody structure would not confer a superior clinical benefit over the traditional monoclonal structure of BIMZELX; (3) SLK’s distinct Nanobody structure supposed increased tissue penetration would not translate to clinical efficacy; and (4) based on the foregoing, defendants lacked a reasonable basis for their positive statements regarding SLK’s purported superiority to monoclonal antibodies.

Plaintiff alleges that on September 28, 2025, MoonLake announced week-16 results from its Phase 3 VELA program. The results showed that SLK failed to demonstrate competitive efficacy relative to BIMZELX. Following the announcement, MoonLake’s stock price cratered, falling $55.75 per share, or 89.9%, to close at $6.24 on September 29, 2025.

What can I do now? You may be eligible to participate in the class action against MoonLake Immunotherapeutics. Shareholders who wish to serve as lead plaintiff for the class must submit their papers to the court by December 15, 2025. The lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here.

All representation is on a contingency fee basis. Shareholders pay no fees or expenses.

Who is Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002.

To be notified if a class action against MoonLake Immunotherapeutics settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today.

Attorney Advertising. Past results do not guarantee a similar outcome.

Warner Bros Discovery has asked potential buyers to submit improved offers by December 1, Bloomberg News reported on Tuesday, citing people familiar with the matter.

Retailer H&M will shutter two large Manhattan stores in January, according to postings on the state Labor Department web site.

The doomed stores are at 18 Church St. at the World Trade Center and 150 E. 86th St. The closings will dump a total of 55,000 square feet of space on the market at a time when the Big Apple’s retail scene, although improving from the worst months of the pandemic, continues to struggle at some locations.

The H&M store at 150 E. 86th St. Closures here and at the World Trade Center will dump a total of 55,000 square feet of space on the market. G.N. Miller/New York Post
The shutdowns are part of Swedish-owned H&M’s plan to close about 200 of more than 4,300 stores it operates globally as part of a cost-cutting effort.

More From Steve Cuozzo
Eight H&M locations will be left in the city after the Manhattan store closures.

SAN DIEGO, Nov. 25, 2025 (GLOBE NEWSWIRE) --

Company: Primo Brands Corporation (NYSE: PRMB) purports to be a leading North American branded beverage company focused on healthy hydration, offering responsibly sourced products across multiple formats, channels, and price points, and for a wide range of consumer occasions. Its products are distributed in every U.S. state and in Canada.

Who is part of the class the case represents? The case purportedly represents stockholders who purchased or otherwise acquired (i) the common stock of Primo Water Corporation between June 17, 2024 through November 8, 2024, and/or (ii) the common stock of Primo Brands Corporation between November 11, 2024 through November 6, 2025.

What is the case about? Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who fall within the class because the Company allegedly misled investors regarding the merger between Primo Water Corporation and Blue Triton Brands.

For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.

The Allegations: According to the complaint, on June 17, 2024, Primo Water and Blue Triton Brands announced they had agreed to merge in a “[t]ransformative all-stock transaction” and that the combined company is expected to have “significant financial and operating leverage” and “enhanced distribution capabilities” that positioned the combined company “for sustained long-term growth.” The deal closed on November 8, 2025.

The complaint alleges that during the class period, defendants spoke positively about the merger and merger integration process; however, the merger integration between the companies was tracking poorly due to, among other things, technology and service issues. Moreover, contrary to defendants’ statements assuring investors that the execution was “flawless,” the Company was having major supply disruptions which would negatively impact customers and thus the Company’s financial results.

Plaintiff alleges that on November 6, 2025, Primo Brands revealed that it was replacing its CEO and that the Company was slashing its full year 2025 net sales and adjusted EBITDA guidance.   During the corresponding conference call, the newly appointed CEO admitted that the Company “probably moved too far too fast on some of the various integration work streams” and that “[t]here’s no doubt that speed impacted our ability to get through a lot of the warehouse closures and route realignment without disruption.” On this news, the price of the Company’s common stock declined $8.20 per share, or more than 36%, from a close of $22.66 per share on November 5, 2025, to close at $14.46 per share on November 7, 2025, wiping out $2.0 billion in market capitalization in two trading days.

What Now: You may be eligible to participate in the class action against Primo Brands Corporation. Shareholders who wish to serve as lead plaintiff for the class must file their papers with the court by January 12, 2026. The lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here.

All representation is on a contingency fee basis. Shareholders pay no fees or expenses.

About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002.

To be notified if a class action against Primo Brands Corporation settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today.

Attorney Advertising. Past results do not guarantee a similar outcome.

TORONTO, Nov. 25, 2025 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte Ltd. (“Abaxx Singapore”), the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarkets™ Podcast, today announced that the U.S. Commodity Futures Trading Commission (“CFTC”) has granted Abaxx Exchange registration as a Foreign Board of Trade (“FBOT”).

The registration permits U.S.-based futures commission merchants (FCMs), brokers, and trading firms to directly access Abaxx Exchange’s regulated markets for the first time, marking a significant milestone in the Company’s commercial expansion. With this designation, Abaxx’s physically-deliverable futures markets are now open to the world’s largest derivatives trading community, accelerating participation across the Company’s growing suite of benchmark contracts.

A New Access Point for Global Commodity Trade

Abaxx’s growing suite of centrally-cleared commodity futures and derivatives provides better price discovery and risk management tools for the commodities critical to the transition to a lower-carbon economy — spanning energy, environmental, battery materials, and precious metals markets.

Abaxx markets include the only physically-backed LNG forward curves currently trading in the global market; the only physically-deliverable, U.S. dollar-denominated gold kilobar futures contract based in Singapore; the first physically-deliverable, U.S. dollar-denominated lithium carbonate benchmarks outside China; and the first financially-settled contracts indexed to the utilization of installed wind capacity in Germany. Built around the realities of modern commodity trade, each Abaxx benchmark addresses practical challenges that today’s market participants face in price discovery, hedging, and risk management.

“FBOT registration positions Abaxx to bring direct U.S. participation into the commodity benchmarks of the energy transition,” said Joe Raia, Chief Commercial Officer at Abaxx Exchange. “With this access, U.S. commercial players can participate in benchmarks anchored in real physical trade flows — expanding participation and liquidity in Abaxx markets and extending smarter markets to the world’s largest futures trading community.”

“Our clients are increasingly seeking access to regulated venues that reflect the evolution of global commodity trade,” added Tom Anderson, SVP, Group CFO & COO at ADM Investor Services. “Abaxx’s FBOT registration provides an additional pathway for our U.S. participants to engage with those opportunities.”

“We welcome Abaxx Exchange’s Foreign Board of Trade registration and the access it provides our North American commodity futures clients to trade these new markets,” added Randall Fenlon, Global Co-Head of Energy, Commodities & Shipping at BGC Group.

Abaxx’s full suite of energy, environmental, battery materials and precious metals futures is available for trading from 1000 to 2400 SGT (14 hours), Monday to Friday, except for Singapore public holidays. View products, connected clearing and broker firms, and request market access at abaxx.exchange/resources/start-trading.

About Abaxx Technologies
Abaxx Technologies is building Smarter Markets: markets empowered by better tools, better benchmarks, and better technology to drive market-based solutions to the biggest challenges we face as a society, including the energy transition.

In addition to developing and deploying financial technologies that make communication, trade, and transactions easier and more secure, Abaxx is the majority shareholder of Abaxx Singapore, the owner of Abaxx Exchange and Abaxx Clearing, and the parent company of wholly owned subsidiary Abaxx Spot Pte. Ltd., the operator of Abaxx Spot.

Abaxx Exchange delivers the market infrastructure critical to the shift toward an electrified, low-carbon economy through centrally-cleared, physically-deliverable futures contracts in LNG, carbon, battery materials, and precious metals, meeting the commercial needs of today’s commodity markets and establishing the next generation of global benchmarks.

Abaxx Spot modernizes physical gold trading through a physically-backed gold pool in Singapore. As the first instance of a co-located spot and futures market for gold, Abaxx Spot enables secure electronic transactions, efficient OTC transfers, and is designed to support physical delivery for Abaxx Exchange’s physically-deliverable gold futures contract, providing integrated infrastructure to deliver smarter gold markets.

Adaptive Infrastructure closes critical gaps in post-trade infrastructure by providing a unified custodial foundation across environmental markets and digital title assets. Incorporated in Barbados and regulated by the Financial Services Commission of Barbados, the company delivers institutional-grade custody, settlement, and transfer agency services designed to reduce risk and improve reliability across asset classes.

For more information, visit abaxx.tech | abaxx.exchange | abaxxspot.com | basecarbon.com | smartermarkets.media

For more information about this press release, please contact:

Steve Fray, CFO
Tel: +1 647-490-1590

Media and investor inquiries:

Abaxx Technologies Inc.
Investor Relations Team
Tel: +1 246 271 0082
E-mail: [email protected]

Cautionary Statement Regarding Forward-Looking Information

This press release includes certain “forward-looking statements” and “forward-looking information” (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities laws. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “believe”, “anticipate”, “estimate”, “project”, “intend”, “expect”, “may”, “will”, “plan”, “should”, “would”, “could”, “target”, “purpose”, “goal”, “objective”, “ongoing”, “potential”, “likely” or the negative thereof or similar expressions.

In particular, this press release contains forward-looking statements including, without limitation, statements regarding the growth of certain energy sectors, regulatory approvals and registrations required for Abaxx Exchange, the expansion of Abaxx's products into new markets and associated benefits to Abaxx and the utilization of Abaxx's products by market participants. Forward-looking statements are based on the reasonable assumptions, estimates, analyses and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. Such factors impacting forward-looking information include, among others: risks relating to the global economic climate; dilution; Abaxx’s limited operating history; future capital needs and uncertainty of additional financing; the competitive nature of the industry; currency exchange risks; the need for Abaxx to manage its planned growth and expansion; the effects of product development and need for continued technology change; protection of proprietary rights; the effect of government regulation and compliance on Abaxx and the industry; acquiring and maintaining regulatory approvals for Abaxx’s products and operations; the ability to list Abaxx’s securities on stock exchanges in a timely fashion or at all; network security risks; the ability of Abaxx to maintain properly working systems; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; and volatile securities markets impacting security pricing unrelated to operating performance. In addition, particular factors which could impact future results of the business of Abaxx include but are not limited to: operations in foreign jurisdictions; protection of intellectual property rights; contractual risk; third-party risk; clearinghouse risk; malicious actor risks; third- party software license risk; system failure risk; risk of technological change; dependence of technical infrastructure; and changes in the price of commodities, capital market conditions, restriction on labor and international travel and supply chains, and the risk factors identified in the Company’s most recent management discussion and analysis filed on SEDAR+. Abaxx has also assumed that no significant events occur outside of Abaxx’s normal course of business.

Abaxx cautions that the foregoing list of material factors is not exhaustive. In addition, although Abaxx has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, or intended. When relying on forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Abaxx has assumed that the material factors referred to in the previous paragraphs will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking statements and information contained in this press release represents the expectations of Abaxx as of the date of this press release and, accordingly, is subject to change after such date. Abaxx undertakes no obligation to update or revise any forward-looking statements and information, whether as a result of new information, future events or otherwise, except as required by law. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements and information. Cboe Canada does not accept responsibility for the adequacy or accuracy of this press release.

On a day when the tech sector is doing its best to prop up market sentiment, some of its biggest names are lagging behind.

Strasbourg, France, November 25, 2025, 7:45 p.m. CET – Transgene (Euronext Paris: TNG) has requested Euronext Paris to suspend trading of its shares (ISIN: FR0005175080) as of Wednesday, November 26, 2025, before the markets open, pending the publication of the results of its capital increase.

Trading on Euronext Paris is expected to resume on Thursday, November 27, 2025, at the opening of the markets.

***

Contacts

Transgene: Media:Investors & Analysts:Caroline ToschLucie LarguierCorporate and Scientific Communications ManagerChief Financial Officer (CFO)+33 (0)3 68 33 27 38Nadege [email protected] Relations Analyst
and Financial Communications OfficerMEDiSTRAVA+33 (0)3 88 27 91 00/03Frazer Hall/Sylvie [email protected]+ 44 (0)203 928 6900 [email protected]  About Transgene 

Transgene (Euronext: TNG) is a biotechnology company that designs and develops immunotherapy products for cancer treatment. Transgene's portfolio consists of several viral vector-based immunotherapies in clinical development. TG4050, the Company's lead candidate, is the first individualized treatment from the myvac® platform and has demonstrated clinical proof of concept in patients with head and neck cancer treated in an adjuvant setting. The company is developing other viral vector-based candidates such as BT-001, an oncolytic virus based on the patented virus of the invir.IO® platform, which is in clinical development. The company is conducting other research programs based on its viral vector technology to support the development of its portfolio of candidates.
With myvac®, therapeutic vaccination enters the field of precision medicine with innovative, patient-specific immunotherapy. This immunotherapy makes it possible to integrate tumor mutations identified and selected using artificial intelligence provided by its partner NEC into a viral vector.
Invir.IO®, a platform developed from Transgene's expertise in viral vector engineering, enables the design of a new generation of multifunctional oncolytic viruses.
For more information, visit www.transgene.com.
Follow us on X (formerly Twitter): @TransgeneSA, LinkedIn: @Transgene, and Bluesky: @Transgene
Transgene forward-looking statements

This press release contains forward-looking statements and/or information that may be subject to a number of risks and uncertainties, such that actual results may differ materially from those anticipated. There can be no assurance (i) that the results of preclinical studies and previous clinical trials will be predictive of the results of the clinical trials currently underway, (ii) that regulatory approvals for Transgene's therapies will be obtained, or (iii) that the Company will find partners to develop and commercialize its therapies within a reasonable timeframe and on satisfactory terms. The occurrence of these risks could have a material adverse effect on the Company's business, prospects, financial condition, results, or developments. For a description of the risks and uncertainties that could affect the Company's results, financial condition, performance, or achievements and thus cause a deviation from the forward-looking statements, please refer to the section "Risk Factors" " section of the Universal Registration Document filed with the AMF, available on the AMF website (www.amf-france.org) and the Company's website ( (www.transgene.com)), and in the 2025 half-year financial report available on the Company's website (www.transgene.com). Forward-looking statements are valid only as of the date of this document, and Transgene undertakes no obligation to update these forward-looking statements, even if new information becomes available in the future.

Disclaimer

This press release does not constitute an offer to sell or the solicitation of an offer to purchase any of the Company's common shares, and may not be issued or distributed in any jurisdiction where such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
The distribution of this press release may be subject to legal or regulatory restrictions in certain jurisdictions. Any person who comes into possession of this press release should inform themselves of and comply with such restrictions.
This press release is an advertisement and not a prospectus within the meaning of Regulation (EU) 2017/1129 of the European Parliament and of the Council of June 14, 2017 (as amended, the "Prospectus Regulation"). Any decision to purchase shares should be made solely on the basis of publicly available information about the Company.

France
In France, the offering of Transgene shares described below will be carried out as part of (i) a capital increase reserved for specific categories of beneficiaries, in accordance with Article L. 225-138 of the French Commercial Code and applicable regulatory provisions, (ii) a public offering, mainly intended for individuals via the PrimaryBid platform, in accordance with Article L. 225-136 of the French Commercial Code.

European Economic Area
With regard to the Member States of the European Economic Area, no action has been taken and will be taken to allow a public offering of the shares referred to in this press release that would require the publication of a prospectus in any of the Member States. Consequently, the shares may not be offered and will not be offered in any of the Member States, except in accordance with the exemptions provided for in Article 1(4) of the Prospectus Regulation or in other cases where the Company is not required to publish a prospectus under Article 3 of the Prospectus Regulation and/or the regulations applicable in that Member State.

United Kingdom
This press release and the information contained herein are intended solely for persons located (x) outside the United Kingdom or (y) in the United Kingdom who are investment professionals falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as amended (the "Order"), (ii) "high net worth entities" and other persons falling within Article 49(2)(a) to (d) of the Order ("high net worth companies, unincorporated associations, etc." ) or (iii) persons to whom an invitation or inducement to participate in an investment activity (within the meaning of section 21 of the Financial Services and Markets Act 2000) may be lawfully communicated or transmitted (the persons referred to in paragraphs (y)(i), (y)(ii) and (y)(iii) being collectively referred to as "Eligible Persons"). Any invitation, offer or agreement to subscribe for or purchase financial securities referred to in this press release is only available to Eligible Persons. Any person who is not an Eligible Person should not act or rely on this press release or its contents.

United States of America
This press release may not be distributed, directly or indirectly, in the United States. This press release and the information contained herein do not constitute an offer to subscribe or purchase, or a solicitation of an order to purchase or subscribe for, securities in the United States or in any other jurisdiction in which the transaction may be subject to restrictions. Securities may not be offered or sold in the United States without registration or an exemption from registration under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act"). Transgene's securities have not been and will not be registered under the U.S. Securities Act, and the Company does not intend to make a public offering in the United States.

MiFID
MIFID II Product governance/target market: for the sole purposes of the requirements of Article 9.8 of Delegated Directive (EU) 2017/593 on the product approval process, the assessment of the target market for Transgene shares has led to the conclusion, with regard to the type of clients criterion only, that: (i) the type of clients for whom the shares are intended is eligible counterparties and professional clients [and retail clients], each as defined in Directive 2014/65/EU, as amended ("MiFID II"); and (ii) all distribution channels for Transgene shares to eligible counterparties and professional clients [and retail clients] are appropriate. Any person subsequently offering, selling or recommending Transgene shares (a "distributor") should take into consideration the assessment of the type of clients; however, a distributor subject to MiFID II is responsible for conducting its own assessment of the target market with respect to Transgene shares and determining the appropriate distribution channels.

General
The distribution of this press release may be subject to legal or regulatory restrictions in certain jurisdictions. Any person who comes into possession of this press release should inform themselves of and comply with any such restrictions.
Any decision to subscribe for or purchase shares or other securities of Transgene should be made solely on the basis of publicly available information about Transgene. This information is not the responsibility of Van Lanschot Kempen NV or Swiss Life Private Bank and has not been independently verified by Kempen or Swiss Life Private Bank.

20251125_PR_Suspension-Trading_TNG_EN

Coursera, Inc. (COUR) Discusses Business Outlook and Product Strategy in Education Technology November 25, 2025 1:00 PM EST

Company Participants

Gregory Hart - CEO, President & Director

Conference Call Participants

Ryan MacDonald - Needham & Company, LLC, Research Division

Presentation

Ryan MacDonald
Needham & Company, LLC, Research Division

Good afternoon, everyone. My name is Ryan MacDonald. I lead Needham's EdTech research efforts here at the firm. Thank you all for joining us today for this virtual fireside chat between myself and Coursera's CEO, Greg Hart. We've got about 40 minutes to go through a wide variety of topics around the business and outlook and product strategy and all the good stuff. And so we'll be jumping into that.

But if you do have questions for Greg, you can send me an e-mail Ryan -- [email protected], and we'll save a few minutes at the end to get those asked and answered. But with that, we'll jump right in.

And Greg, thank you so much for joining us today.

Gregory Hart
CEO, President & Director

Thank you very much, Ryan. It's a pleasure to be here. Excited for the conversation.

Question-and-Answer Session

Ryan MacDonald
Needham & Company, LLC, Research Division

Absolutely, me as well. So since stepping into the role in this past February, why don't you sort of give investors sort of an overview of sort of what surprised you most about Coursera and the education industry more broadly? And are there certain aspects that give you reinforcement to your conviction and the opportunity when you joined the company?

Gregory Hart
CEO, President & Director

Great question. Maybe I'll start just by talking a little bit about what attracted me to Coursera because I think it's relevant to your question. And part of it is that I saw a lot of -- even though I

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Thor is Growing in Size! ESTES PARK, CO / ACCESS Newswire / November 25, 2025 / Taranis Resources Inc. ("Taranis" or the "Company") (TSXV:TRO)(OTCQB:TNREF) is providing an update on exploration activities at Thor.

LunarCrush data indicate XRP social activity has risen with U.S.-listed ETFs from Bitwise, Grayscale, Rex Osprey, and Teucrium now trading, tying higher mentions and engagement to product launches even as Galaxy Score and sentiment readings remain choppy.

Bitcoin's (CRYPTO: BTC) historical top, bottom, and overall cycle structure are widely misunderstood, which is why the current cycle bears little resemblance to anything traders saw in 2021, a prominent analyst claims.

What Happened: In a new X post, analyst Kevin argues that Bitcoin's true cycle peak occurred in April 2021, not November.

He notes that nearly every major framework, technical indicators, on-chain signals, macro conditions, money flows, sentiment, and momentum, all topped in April.

The July–November 2021 move, he says, was a classic bear-market rally: low volume, weak inflows, and a failure by most altcoins to make new highs.

He also points to the heavily promoted Elon Musk, Jack Dorsey, Cathie Wood Bitcoin podcast, which aired precisely at the July 2021 bottom, as evidence that the rally was more narrative-driven than structurally strong.

After the post gained traction, a trader asked Kevin whether he meant the bull market was over or just starting. Kevin clarified that he is only presenting analysis, not offering investment advice.

Also Read: Bitcoin May Become Irrelevant In The Next Bear Market, Viral Essay Argues

Why It Matters: In a recent podcast, Kevin emphasized that this cycle is fundamentally different: for the first time in Bitcoin's history, global net liquidity has been falling for multiple years — pressured by inflation, aggressive rate hikes, and quantitative tightening.

That macro squeeze has suppressed money flow, momentum, and upside potential throughout this cycle.

Looking forward, he sees two potential paths:

Liquidity breaks higher in 2026, snapping the four-year cycle and sending Bitcoin up after a near-term bottom.
The four-year cycle holds: Bitcoin experiences a shallow bear market, then rallies once monetary policy finally eases.
The key signals to watch now: inflation trends, PMI shifts, Fed rate cuts, the end of QT, and the appointment of a new Fed chair.

Kevin concluded that Bitcoin's setup looks better than prior week based on improving market conditions. Spot volume is rising while perp volume and open interest are declining. Funding rates are slightly lower, and premiums, still negative, are starting to recover.

Read Next:

Bitcoin, Ethereum, XRP, Dogecoin Edge 1% Higher On Tuesday
Image: Shutterstock

Market News and Data brought to you by Benzinga APIs

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

In November 2025, Bitcoin Core, the primary software for the Bitcoin network, successfully completed its first external security audit. This significant milestone revealed no critical vulnerabilities, underscoring the software's robustness while introducing new testing methodologies that aim to fortify the digital currency's infrastructure.

In brief
Metaplanet has taken out a $130 million loan to buy more Bitcoin.
This move comes following Bitcoin's recent dive, down 30% since setting a new high in early October.
Metaplanet's stock is up, but a number of digital asset treasuries are suffering.
Japanese Bitcoin treasury Metaplanet's stock is up just as the Tokyo Stock Exchange-listed firm doubled down Tuesday on its BTC-stockpiling master plan. 

Metaplanet was trading more than 2% higher after announcing that it would use its Bitcoin holdings as collateral to secure a $130 million loan to buy even more of the asset. Year-to-date, Metaplanet shares have risen by nearly 5%, according to Yahoo Finance data. 

"Funds allocated to the Bitcoin Income Generation business will be used as collateral for selling Bitcoin options to earn premium income," the company said in a Tuesday filing. 

The firm—which has been dubbed "Asia's MicroStrategy" by some investors and is one of the world's biggest crypto treasuries—pivoted from its core hotel and technology business to start buying Bitcoin in 2024. It now holds 30,823 BTC worth about $2.7 billion at today's BTC price. It aims to acquire 210,000 Bitcoin, or 1% of the overall supply, by 2027.

The loan comes at a time when crypto prices have taken a hit and digital asset treasuries are on wobbly footing: A plunge this quarter in digital asset prices has highlighted concerns among skeptics of the treasury strategy pioneered by Strategy—formerly MicroStrategy—in 2020.

The amount of digital asset treasuries surged this year as companies wanting to copy Strategy bought Bitcoin and other digital coins and tokens as a way to boost their stock prices. 

Bitcoin's price crashed last week, and is now sitting 30% below its October record of $126,080, according to CoinGecko. It recently stood at nearly $87,516, down 1% over a 24-hour period.

Myriad users are feeling optimistic again with Bitcoin rebounding from a recent low of about $81,000 last week. Users of the prediction market—which is owned by Decrypt's parent company, Dastan—give Bitcoin a 67% chance of next rising to a price of $100,000 rather than falling to $69,000.

Strategy, which allows shareholders to gain exposure to Bitcoin without the risks involved in holding it directly, is the largest corporate holder of the digital coin, with 649,870 BTC worth about $57 billion at today's prices. 

But the firm's stock (MSTR) is down significantly this year—by 41%—leading some analysts to raise concerns that it could be excluded from certain equity indices next year.

Strategy co-founder and Executive Chairman Michael Saylor said last week that the firm’s “conviction in Bitcoin is unwavering” amid speculation over potential delistings, and that it continues to buy and hold BTC—though it notably did not announce its usual weekly purchase on Monday.

Metaplanet is pushing ahead, too, and looking for new ways to raise capital to buy more Bitcoin. Just last week, it announced plans to issue a product that would pay investors dividends as an additional funding mechanism.

Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.

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

Texas has made history as the first U.S. state to purchase Bitcoin for its treasury. On November 20, the state acquired $10 million worth of Bitcoin, launching its Strategic Bitcoin Reserve.

Texas Treasury’s Strategic Bitcoin Move
The buy occurred via BlackRock’s spot Bitcoin ETF, IBIT, at an average price of $87,000 per BTC. In a recent X post, the acquisition was confirmed by Lee Bratcher, the President of Texas Blockchain Council which stated that it was due to diligent monitoring of market prospects by the team at Texas Treasury.

Comptroller Kelly Hancock and the investments team have been instrumental in making this decision. According to Bratcher, they closely followed Bitcoin’s market movements before taking the step to invest.

While Texas plans to self-custody its BTC in the future, it opted for the Crypto ETF for now. The ETF provides a compliant and accessible entry point as the state works on its custody framework.

This purchase comes on the heels of Texas’ legislative recognition of Bitcoin as a strategic reserve asset. The action will make Texas a leader among states in digital asset adoption and set precedent for how governments can engage with cryptocurrencies.

Bitcoin Pullback: A Prime Buying Opportunity?
The decision to purchase Bitcoin comes as the cryptocurrency market faces a pullback. Experts see this as a prime buying opportunity.

As Coingape reported ealier, Eric Trump called it a great time to buy Bitcoin, describing the asset as “the greatest of our time.” This pullback is seen as a chance for institutions and governments to enter at a favorable price, boosting Bitcoin’s legitimacy in the global economy.

Texas is the latest example of government focus on digital assets. Now, the state is setting an example by adopting BTC into its financial strategy.

If the trend of cryptocurrency momentum continues, Texas’ move may motivate other states to do likewise. This change of approach might affect the way in which public institutions handle and invest digital currencies in future.

Journalist

Posted: November 26, 2025

Key Takeaways
What’s driving renewed interest in World Liberty Financial?
WLFI whales accumulated nearly 300 million tokens as the price reclaimed EMA20 and EMA50.

What threatens WLFI’s rebound?
Positive Spot Netflow showed stronger selling, raising the risk of a pullback toward EMA20 support.

The broader market’s multi-week decline eased, and several mid-caps showed early signs of stabilization. World Liberty Financial joined that list after posting its first meaningful recovery structure in weeks.

That shift drew whales back into accumulation as traders attempted to position early for a possible trend reversal.

Whales are aggressively accumulating WLFI
After stepping back from the market, whales have returned to accumulate World Liberty Financial [WLFI]. According to Lookonchain, a newly created wallet, 0xd947, withdrew 47.18 million WLFI, worth $6.95 million, from Binance. 

Source: Lookonchain

On top of that, a second whale accumulated 165.79 million WLFI worth $25 million over three days.

In total, these two whales accumulated $31.95 million worth of WLFI. Often, whale accumulation during a period of uncertainty indicates confidence in the asset’s prospects. 

Interestingly, these whale purchases were not an isolated case, as whales significantly increased capital deployment. 

Source: Nansen

In fact, Nansen data showed 178 million WLFI added by Top Holders in the past 24 hours. By contrast, the three-day accumulation reached 298 million WLFI, showing sustained appetite during uncertain conditions.

Historically, stronger whale inflows created upward pressure by tightening the circulating supply.

WLFI team sold TRX holdings
Strangely, while whales had been actively accumulating, the World Liberty Financial team reduced exposure to other assets.

According to on-chain data from Onchain Lens, the team deposited 40.59 million TRON [TRX], worth $11.25 million, into HTX. The team bought these tokens for $9.94 million and has now realized a $1.4 million profit. 

Source: Onchain Lens

When projects sell secondary assets, it suggests the team is managing liquidity through external assets. 

Thus, the team could access external assets for operational funds rather than sell its own tokens. Usually, this is a sign of confidence in the native coin and a neutral-to-bullish signal for WLFI holders.

Price recovery meets resistance tests
WLFI posted four consecutive higher closes after bottoming at $0.11. The token reclaimed the EMA20 and EMA50 at press time, strengthening early momentum.

At press time, WLFI traded at $0.157, up 0.85% daily and 12.3% weekly.

Source: TradingView

The Directional Movement Index showed a bullish crossover on the 24th of November, with the positive index at 20.67 above the negative index at 15.49.

Even so, bulls must protect the structure for continuation.

A daily close above the EMA50 at $0.1524 would keep momentum intact and open the path toward $0.18.

However, Spot Netflow turned positive, signaling rising sell pressure. CoinGlass data showed $1.66 million in positive Netflow, compared with –$500k one day earlier.

If sellers expand, WLFI could revisit the EMA20 near $0.1439.

Source: CoinGlass

TL;DR

BTC’s rebound emerges from oversold conditions, but the price remains under key resistance.
Analysts warn of a possible bearish flag pointing to a re-test in the $79,000 zone.
Bitcoin’s divergence from tech stocks (MAG7) adds macro uncertainty to the market.

The recent shakeout in the Bitcoin price provided a brief breather to the market, exiting oversold conditions evident on the 4-hour chart. The Relative Strength Index (RSI) moved out of the 30 zone towards neutral territory, and the MACD histogram has turned green for the first time since last week, signaling a decrease in the bearish trend.

However, analysts consider this technical rebound a fragile Bitcoin rally, as the price continues to trade below a key trendline resistance. While some traders are confident the market has found its bottom, others are actively preparing for a new downside slope before a truly strong and sustained demand returns.

There is division among the technical analysis community about the immediate direction. Market strategist Ali identified the current pattern as a potential bearish flag on the lower timeframes.

If this pattern is confirmed, the analyst argues that Bitcoin could re-test the $79,000 zone, a level that coincides with the next major liquidity pocket below recent lows. The analyst further warned of a growing on-chain selling risk, noting that the indicator has started to climb again, which historically is a red flag when investors aggressively start taking profits instead of absorbing dips.

In contrast, the view of trader Michaël van de Poppe is more constructive, highlighting that the Bitcoin rebound looks promising if the price manages to stabilize, consolidate, and then attack nearby resistance levels in the upcoming sessions. His focus is on securing a solid base before expecting any real bullish continuation.

Risk of a Drop and the Disconnection from Traditional Markets
A factor adding uncertainty and capturing market attention is Bitcoin’s growing divergence from the MAG7 tech stocks (the big AI-driven companies), which has widened significantly since the October 10th liquidation event. While these stocks continue to perform positively, Bitcoin sharply decoupled to the downside, suggesting that macroeconomic enthusiasm alone is not enough to drive cryptocurrencies up in the short term.

The outcome of this struggle—whether a decisive move up or a drop to $79,000—will depend on whether Bitcoin can reclaim and hold above short-term resistance, if on-chain selling pressure moderates, and if institutional flows return before year-end.

For now, the dominant theme remains volatility, with traders preparing for a tense fight between buyers defending the long-term structure and short-term speculators capitalizing on the uncertainty of the fragile Bitcoin rebound.

Texas has become the first U.S. state to obtain bitcoin exposure with public funds, allocating $10 million to its new Strategic Bitcoin Reserve. Texas formally entered the bitcoin arena on Nov. 20, 2025, when officials deployed $10 million of surplus budget funds to acquire bitcoin exposure via Blackrock's IBIT exchange-traded-fund (ETF).