Market Signal Briefing

Everyone's favorite coin is back like it never left. The U.S. SEC has officially approved ETFs for Solana, Litecoin, and Hedera, even with the government shutdown happening in the background.Bitwise's Solana Staking ETF is set to begin trading on NYSE Arca today, October 28, marking the first U.S. ETP with full spot SOL exposure.

In brief
Bitcoin trading at $115,542, nearly 1% above the critical $114,200 monthly open level.
Technical indicators show bullish momentum after a major correction earlier this month.
Sentiment on prediction markets remains strong, but the upcoming Fed meeting and trade talks with China could swing things in either direction.
It’s been an up and down month of October for Bitcoin traders and investors, despite the seasonal promise of "Uptober" gains.

Historically, October has been good for Bitcoin holders, posting a green month 10 out of the last 12 years and delivering average gains of more than 20%. At the moment, Bitcoin stands at a relatively meager +1.14% for the month, according to data from Coinglass.

Bitcoin spiked above $123,000 in early October before plummeting to $107,000 mid-month—a 13% correction that wiped out weeks of gains in a matter of days. Since then, bulls have been grinding back, recovering to current levels around $115,000.

Currently trading at $115,542, Bitcoin has managed to hold above this critical threshold despite choppy price action throughout October. The question now facing traders: Will Uptober live up to its name and see Bitcoin finish in the green?

Traditional markets are firing on all cylinders, with the S&P 500 hitting fresh record highs above 6,900 points on Tuesday. Investors are pricing in a potential quarter-point rate cut when the Federal Reserve announces its decision Wednesday, which would bring rates down to the 3.75%-4.00% range—typically bullish territory for risk assets like crypto.

Adding fuel to the rally, Treasury Secretary Scott Bessent hinted at a framework for resolving U.S.-China trade tensions ahead of a meeting between Presidents Donald Trump and Xi Jinping next week. This combination of dovish monetary policy and easing geopolitical risks has propelled the risk-on sentiment that crypto markets typically track.

Perhaps most tellingly for Bitcoin's immediate prospects: spot Bitcoin ETFs recorded their third consecutive day of inflows, pulling in $149 million as of yesterday.

Bitcoin ETF inflows. Image: Farside InvestorsWhen institutional money flows into Bitcoin through regulated products, it typically signals conviction from larger players—the kind of demand that supports price stability.

Bitcoin technical breakdown: Bulls building strengthSo, will Bitcoin end the month in the green or red?

Since the time window for our forecast is short, we used the four-hour candlestick setup for our analysis.

The short-term chart shows a bullish structure that suggests Bitcoin is more likely to hold—and potentially extend—its gains above $114,200 than to break below it. At least in the immediate future, prices seem to have broken past the resistance line that marked the correction (the dotted red line in the chart below) and bounced back up in an ascending channel (the dotted green lines in the chart).

Bitcoin price data. Image: TradingviewThe Average Directional Index, or ADX, sits at 32.14, marked as "strong" on the chart. This indicator measures trend strength, regardless of direction, on a scale from 0 to 100. Readings above 25 confirm an established trend, and anything above 30 suggests powerful momentum. When ADX crosses above 25 and keeps climbing, it typically signals that the trend has legs and is likely to persist rather than quickly reverse.

The Relative Strength Index, or RSI, at 69.05 tells an interesting story. RSI measures momentum by comparing the magnitude of recent gains to recent losses, with readings above 70 indicating overbought conditions where profit-taking often emerges. At 69, Bitcoin is approaching that zone but hasn't quite reached it—so it has room to run in the next three days, before another reaching overbought territory, triggering a correction on algorithmic trading setups.

Exponential Moving Averages, EMAs, tell traders where price supports and resistances are by taking the average price of an asset over the short, medium, and longer term. With Bitcoin, the 50-period EMA (the average price over the last 50 four-hour trading sessions) is below the 200-period EMA, generating a "short" signal in the four-hour timeframe.

This configuration—sometimes called a "death cross" when it occurs—typically signals bearish market structure, as it means short-term prices are averaging below long-term prices. However, current price action is trading well above both moving averages, with the EMA 50 moving upwards signaling a potential golden cross (crossing above the EMA 200 for a bullish setup).

The Squeeze Momentum Indicator is flashing "bullish Impulse" with a "long" signal. This indicator, developed by trader John Carter, identifies periods when volatility compresses (like a spring being squeezed) before explosive moves. When the squeeze "fires" with bullish momentum, it signals that the compression phase has ended and directional movement is beginning. The "bullish Impulse" status means not only has the squeeze fired, but momentum is accelerating to the upside. Traders typically interpret this as a high-probability setup for continued gains, especially when combined with other confirming indicators like rising ADX.

Finally, the Ichimoku Cloud analysis shows Bitcoin is trading above the clouds (prices are stronger than the preceding trading sessions) with the future cloud forecasted as bullish. For traders unfamiliar with this Japanese charting technique, think of the cloud as a dynamic support/resistance zone. When price trades above a bullish-tilted cloud with expanding momentum, it typically indicates trend continuation rather than reversal.

Finally, if Bitcoin respects the current price support, even at its lowest point, it would be $622 above the opening price it registered on October 1. Just 0.5% above the target, but still more than 0.

Green is more likelyCan Bitcoin close October above $114,200? The technical evidence suggests it can. If the trend continues, this Uptober may end up as a short-bodied doji—wild price swings in between, but more or less where it started. In other words, it may end up being a small gain, but still positive.

With BTC currently trading 1.2% above that level and showing strong trend confirmation across multiple indicators, the path of least resistance appears to be sideways to higher rather than a breakdown below monthly open prices.

The immediate support zone sits around $114,000-$114,500, which aligns with the monthly open and recent consolidation areas. For Bitcoin to close October in the red, it would need to break through this support zone and hold below it for the remaining days of the month—a scenario that seems unlikely given the current ADX reading, bullish momentum indicators, and supportive macro backdrop.

At the moment, sentiment also remains broadly bullish, with traders on Myriad—a prediction market developed by Decrypt's parent company Dastan—pricing in a 70% chance that Bitcoin continues upwards towards $120K before falling back down to $100K. Those odds now look quite different than they did six days ago, when traders were predicting a 56% chance Bitcoin would fall to $100K.

However, traders should remain aware that the Fed's policy announcement on Wednesday represents a binary risk event. While markets are pricing in a 25 basis point cut, any hawkish language about future rate path could trigger short-term volatility. The key will be whether Bitcoin can maintain support above $114,000 during any Fed-related turbulence.

Key levels to watch:

Immediate support at $114,000-$114,500 (monthly open zone),
Strong support at $112,000 (recent consolidation low),
Immediate resistance at $116,000 (recent rejection point),
Strong resistance at $118,000-$120,000 (psychological barrier and volume gap)
Disclaimer

The views and opinions expressed by the author are for informational purposes only and do not constitute financial, investment, or other advice.

mark

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

Bitcoin is steady around the $114,000 level, supported by optimism over new ETF launches, increased whale activity, and growing institutional accumulation.

CryptocurrencyTickerPriceBitcoin(CRYPTO: BTC)$113,966Ethereum(CRYPTO: ETH)$4,052Solana(CRYPTO: SOL)$196.15XRP(CRYPTO: XRP)$2.63Dogecoin(CRYPTO: DOGE)$0.1978Shiba Inu(CRYPTO: SHIB)$0.00001018Notable Statistics:

Coinglass data shows 117,644 traders were liquidated in the past 24 hours for $306.66 million.       
In the past 24 hours, top losers include Humanity Protocol, Zcash and OFFICIAL TRUMP.
Notable Developments:

How This Bitcoin, Ethereum Whale Made $14M With A 100% Hit Rate
Trump Media To Challenge Polymarket, Kalshi? DJT Stock Surges On Prediction Market Announcement
PayPal Announces OpenAI Partnership: $80 Breakout Line Now In Play
Solana’s First USStaking ETF Could Be ‘Huge’, Bitwise’s Matt Hougan Saysv
Metaplanet’s Announces $500M Bitcoin Buybacks: Can It Lift BTC Above $116,000?
HBAR Token Rallies 8% Ahead Of Nasdaq ETF Debut — Anthony Scaramucci Describes It As The ‘Sound Of Inevitability’
Trader Notes: Crypto trader Moustache compared Bitcoin's current setup to 2023 before its major rally, suggesting that sentiment is overly bearish and a wave of euphoria and higher prices could follow after the FOMC meeting.

IncomeSharks noted that Bitcoin remains indecisive but sees potential for a bullish November, advising patience and allowing the market to determine direction.

Altcoin Sherpa said he plans to stay long on spot Bitcoin ahead of the FOMC, seeing little reason for a sharp drop unless something drastic occurs.

A dip to the $110,000–$111,000 range would be a strong buy-the-dip opportunity, closing the CME gap.

Crypto trader Jelle observed Bitcoin retesting the $116,000 level, maintaining a steady approach, waiting for either a higher low to go long or confirmation above resistance.

Read Next: 

Bitcoin Dominance Nears ‘Explosive Phase’—Here’s What It Means For You
Image: Shutterstock

Market News and Data brought to you by Benzinga APIs

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

9 minutes ago

A strong first-day haul positions Bitwise’s Solana fund as a test case for US appetite toward staking-based crypto ETFs after new SEC clarity.

84

Investor appetite for staking-focused exchange-traded funds (ETFs) in the United States appears strong, with Bitwise’s new Solana product seeing substantial inflows on its first day of trading.

The Bitwise Solana Staking ETF (BSOL), which began trading on Tuesday, has already attracted roughly $222.8 million in assets, according to Bloomberg Intelligence senior ETF analyst Eric Balchunas.

Balchunas characterized the size as significant for a newly launched crypto ETF, indicating increasing institutional engagement and confidence in staking strategies.

Source: Eric BalchunasBitwise previously launched a Solana staking exchange-traded product in Europe last year, but the US version faced delays due to regulatory uncertainty surrounding staking activities.

BSOL — the first US Solana ETF — offers investors exposure to Solana (SOL) and an estimated 7% yield derived from staking rewards on the network.

As Cointelegraph reported, the launch follows the REX-Osprey Solana Staking ETF (SSK) on June 30, which saw around $12 million in first-day trading volume.

Both launches came after the US Securities and Exchange Commission’s Division of Corporation Finance issued a May 29 staff statement clarifying that certain proof-of-stake (PoS) activities do not constitute securities offerings under federal law.

A follow-up statement in August expanded those conditions to include certain liquid staking activities.

Institutional demand for crypto ETFs remains strongFollowing the blockbuster debut of US spot Bitcoin (BTC) ETFs in early 2024 — and the slower but ultimately substantial inflows into Ether (ETH) ETFs — analysts say attention is now shifting toward alternative crypto assets.

In January, JPMorgan projected that upcoming Solana and XRP (XRP) ETFs could draw billions of dollars in inflows within their first six months of trading, potentially even outpacing Ether’s early performance.

The bank’s forecast was based on comparable adoption rates of Bitcoin and Ether funds, estimating $3 billion to $6 billion in inflows for SOL funds and $4 billion to $8 billion for XRP products.

JPMorgan estimates potential inflows into SOL and XRP ETFs. Source: JPMorgan

Key Takeaways
How long has Bitcoin held above $100,000?
Bitcoin has stayed above $100K for nearly a year, its longest sustained profit period ever.

What are traders expecting next?
Institutions are betting on volatility as Bitcoin trades between $107K and $122K ahead of key U.S. data.

Bitcoin [BTC] has spent almost a year holding above $100,000, but the market’s gone quiet.

No one’s sure which way it’ll move next, and fresh money has slowed to a trickle. For now, BTC seems stuck in neutral, waiting for something to shake it loose.

Where do we go from here?

A calm like never before
In past bull cycles, Bitcoin’s euphoric peaks were brief.

Price would soar to new highs, only to crash as quickly, leaving investors trapped at the top. This time, it’s different.

Source: Alphractal

Data from Alphractal shows Bitcoin has spent nearly a year above $100K with minimal drawdowns, making this the longest sustained profit period in its history.

Source: Alphractal

The number of “days at a loss” has fallen to multi-year lows, which means most holders are still in profit and not rushing to sell.

As Joao Wedson of Alphractal notes, this cycle flipped the script, with consolidation coming before euphoria. Echoing that view, Farzam Ehlani, CEO of VALR, told AMBCrypto,

“Bitcoin’s move back above $115,000 is more than just another relief rally. It marks the beginning of another price discovery phase in the current market cycle after one of the most aggressive deleveraging phases seen in crypto market history.”

He added that whales have resumed accumulation at scale, while leverage has been flushed from the system. These conditions are usually followed by upside moves.

Bet on big moves, not directions

Source: CryptoQuant

The XRP price recently saw a sharp drop that was very scary for many traders, and some in the crypto market think the chart looks weak now. However, an analyst on X, Cryptoinsightuk, disagrees. The analyst explains that XRP is not bearish right now, even after the 50% flash crash, and the price can still move higher when liquidity returns.

Low Downside Liquidity And Weekly Chart Still Looks Fine For The XRP Price
Cryptoinsightuk says that XRP has “no downside liquidity.” The analyst explains that sellers are not strong, so there is very little liquidity sitting below the current price level. It does not mean the XRP price will stay still, although it may move up and down for now. At some point, exchanges and market makers may push the price higher into deeper liquidity, where they can make money.

Source: X
The analyst says that the flash crash does not damage the weekly chart. The weekly picture still shows a normal trend even after the sharp fall. He notes that online discussions are focusing on the monthly chart and using it to claim that XRP is weak, but the monthly chart alone is only one timeframe and not enough to call the price truly bearish. The slight drop shows weakness only on lower timeframes, not in the broader market structure, and Cryptoinsightuk believes the bigger structure is still pointing up, which is a key reason he does not see a bearish trend forming even after the 50% flash crash.

Source: X
The analyst’s comment about market makers also gives hope to traders who worry that the XRP price will keep falling. When market makers see better opportunities at higher price levels, the price often moves up to where they want to make profits. It gives XRP a path to recovery later, rather than staying low. He keeps pointing to the weekly chart because it shows that XRP still holds its larger bullish setup even after the fear caused by the flash crash.

Higher Timeframes Look Strong, And RSI Fractal Points To A Move Up
Cryptoinsightuk further adds that higher timeframes are always more reliable for reading price trends and recommends looking at the XRP price chart over the past three months. In his view, the three-month chart looks good and supports a strong long-term trend. 

Source: X
He also looks at the daily RSI, and it recently hit an oversold area. When this happened the last time, the XRP price later saw a strong move up. The analyst shared a fractal a few weeks ago that shows what a new “measured move” could look like if this same pattern repeats. 

Source: X
The fractal suggests the XRP price could rise again from here. The oversold RSI signal suggests that buyers could return and push the price higher in the future. 

Price continues to grind up slowly | Source: XRPUSDT on Tradingview.com
Featured image created with Dall.E, chart from Tradingview.com

Crumbling alliance: Ocean Protocol goes out with a bang, crushing FET's price & enraging the AI crypto community.

Western Union launches USDPT on Solana, bridging fiat and crypto for faster, cheaper global transfers by 2026.

Izabela Anna2 min read

28 October 2025, 08:08 PM

Western Union is preparing to enter the stablecoin market through the introduction of its U.S. Dollar Payment Token (USDPT), built on the Solana blockchain and issued by Anchorage Digital Bank. The company said the initiative will support its goal of merging traditional finance with digital assets, offering faster, lower-cost cross-border transfers. The project also includes a new Digital Asset Network that aims to simplify how users send, receive, and spend money globally.

Expanding Global Money Movement with SolanaAccording to Western Union, USDPT will serve as a bridge between fiat and crypto, supporting real-world payments and treasury operations. The Solana network was chosen for its scalability and low transaction costs, enabling rapid transfers that align with the firm’s high-volume remittance infrastructure. Anchorage Digital Bank will oversee issuance and custody, ensuring security and compliance across jurisdictions.

Western Union’s President and CEO Devin McGranahan stated that the project represents a strategic step in redefining financial accessibility. “Our Digital Asset Network and USDPT will be an enabler in achieving our mission to make financial services accessible to people everywhere,” McGranahan said. He added that Western Union’s collaboration with Solana and Anchorage Digital strengthens its ability to offer compliant digital payments and cash off-ramps worldwide.

Building a Bridge Between Digital and Traditional FinanceThe company plans to roll out USDPT in the first half of 2026, with tokens accessible through partner exchanges. This launch will expand the company’s reach into the digital economy while preserving trust through regulatory oversight. 

Western Union believes the new ecosystem can reshape global remittances by linking the U.S. dollar to local spending markets, promoting faster and more reliable transfers at reduced costs.

Besides improving customer access, Western Union aims to attract partners seeking a secure and interoperable digital payments platform. The Digital Asset Network is expected to connect wallets, agents, and payment providers into a unified system. By integrating blockchain efficiency with Western Union’s compliance infrastructure, the company intends to position itself at the forefront of digital financial transformation.

Solana Price Outlook: Analyst Targets $252Source: X

Meanwhile, Solana (SOL) trades near $197.51 after a brief pullback of 1.69% in 24 hours. Analyst MartyParty noted that Solana’s one-hour chart shows bullish momentum after confirming a double-bottom reversal between $167 and $175. The breakout above $190 signals potential continuation toward resistance at $210, with projected targets of $252 and $258.

ENRICH your inbox with our best storiesDon’t miss out and join our newsletter to get the latest,
well-curated news from the crypto world!

Izabela Anna

Izabela Anna is a knowledgeable freelance journalist, who boasts over five years of experience covering the cryptocurrency market. Her tenure has seen her navigate through the ebbs and flows of multiple market cycles, giving her a deep understanding within. Her journalistic focus lies in dissecting price action dynamics, scrutinizing the on-chain landscape, and providing insights from a technical perspective, making her a trusted voice in the realm of cryptocurrency reporting.

Read more about

Latest Solana (SOL) News Today

Q3: 2025-10-27 Earnings SummaryEPS of $0.23 misses by $0.01

 |

Revenue of

$2.18B

(-0.68% Y/Y)

beats by $38.91M

NOV Inc. (NYSE:NOV) Q3 2025 Earnings Call October 28, 2025 11:00 AM EDT

Company Participants

Amie D’Ambrosio - Director of Investor Relations
Clay Williams - Chairman & CEO
Rodney Reed - Senior VP & CFO
Jose Bayardo - President, COO & Director

Conference Call Participants

James Rollyson - Raymond James & Associates, Inc., Research Division
Marc Bianchi - TD Cowen, Research Division
Arun Jayaram - JPMorgan Chase & Co, Research Division
Stephen Gengaro - Stifel, Nicolaus & Company, Incorporated, Research Division
Doug Becker - Capital One Securities, Inc., Research Division

Presentation

Operator

Good day, and thank you for standing by. Welcome to NOV Third Quarter 2025 Earnings Conference Call [Operator Instructions] Please be advised that today's conference is being recorded. I would now like to turn the call over to Amie D'Ambrosio, Director of Investor Relations. Please go ahead.

Amie D’Ambrosio
Director of Investor Relations

Welcome, everyone, to NOV's Third Quarter 2025 Earnings Conference Call. With me today are Clay Williams, our Chairman and CEO; Jose Bayardo, our President and COO; and Rodney Reed, our Senior Vice President and CFO. Before we begin, I would like to remind you that some of today's comments are forward-looking statements within the meaning of the federal securities laws. They involve risks and uncertainty, and actual results may differ materially. No one should assume these forward-looking statements remain valid later in the quarter or later in the year.

For a more detailed discussion of the major risk factors affecting our business, please refer to our latest Forms 10-K and 10-Q filed with the Securities and Exchange Commission. Our comments also include non-GAAP measures. Reconciliations to the nearest corresponding GAAP measures are in our earnings release available on our website. On a U.S. GAAP basis, for the third quarter of 2025, NOV reported revenues of $2.18 billion and a net income of $42 million or $0.11 per fully diluted share.

Recommended For You

October 28, 2025 2:52 PM EDT | Source: Magnum Goldcorp Inc.
West Vancouver, British Columbia--(Newsfile Corp. - October 28, 2025) - Magnum Goldcorp Inc. (TSXV: MGI) (the "Company" or "Magnum") is pleased to announce that further to its press release dated June 23 it has entered into a definitive Amalgamation Agreement (the "Agreement") dated October 27, 2025 with Atlantico Energy Metals Inc. ("Atlantico") to acquire all of the outstanding shares of Atlantico (the "Transaction").

The Transaction

Pursuant to the terms of the Agreement, the Company will acquire all of the outstanding shares in the capital of Atlantico (the "Atlantico Shares") which are issued and outstanding immediately prior to the closing of the Transaction (the "Closing") in consideration for units of the Company (each a "Consideration Unit") at a deemed price equal to the greater of $0.10 per Consideration Unit and the minimum price permitted by the TSX Venture Exchange (the "TSXV"). Each Consideration Unit will consist of one common share in the capital of the Company and one transferrable warrant (each a "Warrant"). Each Warrant will entitle the holder to acquire an additional Share (a "Warrant Share") at a price of $0.20 for a period of 24 months from the date of Closing (the "Closing Date").

Prior to Closing, Atlantico intends to complete a private placement to raise gross proceeds of up to $1,380,000 (the "Offering") by issuing up to 13,780,000 Atlantico Shares (the "Atlantico Financing Shares") at a price of $0.10 per Atlantico Financing Share. The proceeds of the Offering will be used for the Transaction expenses, exploration expenses, for investor relations and marketing expenses and for general and administrative expenses before and after the Transaction. The Atlantico Financing may be closed in one or more tranches and the Atlantico Financing Shares will be exchanged for Consideration Units in the Transaction. Finder's fees may be paid in connection with the Atlantico Financing and in connection with the Transaction.

Prior to completion of the Transaction, the Company anticipates seeking shareholder approval for the de-listing of its common shares from the TSXV and seeking a listing on the Canadian Securities Exchange (the "CSE") following completion of the Transaction.

Completion of the Transaction remains subject to a number of conditions including without limitation receipt of all necessary approvals from the shareholders of the parties and all applicable stock exchanges and regulatory authorities, and such other conditions as are customary in transactions of this nature.

Please refer to the Company's press release dated June 23, 2025 for further details regarding the Transaction and Atlantico.

Cautionary Note

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

Completion of the Transaction is subject to a number of conditions, including but not limited to, TSXV acceptance and if applicable pursuant to TSXV Requirements, disinterested shareholder approval. Where applicable, the Transaction cannot close until the required shareholder approval is obtained. There can be no assurance that the Transaction will be completed as proposed or at all.

Investors are cautioned that, except as disclosed in the management information circular or filing statement to be prepared in connection with the Transaction, any information released or received with respect to the Transaction may not be accurate or complete and should not be relied upon. Trading in the securities of the Company should be considered highly speculative.

The TSX Venture Exchange Inc. has in no way passed upon the merits of the proposed Transaction and has neither approved nor disapproved the contents of this press release.

For further information visit the Company's website at www.magnumgoldcorp.com.

Magnum Goldcorp Inc.

"Douglas L. Mason"
_______________________________________
Douglas L. Mason, Chief Executive Officer

This press release contains "forward-looking information" and "forward-looking statements" within the meaning of applicable securities legislation. The forward-looking statements herein are made as of the date of this press release only, and the Company and Atlantico do not assume any obligation to update or revise them to reflect new information, estimates or opinions, future events or results or otherwise, except as required by applicable law. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budgets", "scheduled", "estimates", "forecasts", "predicts", "projects", "intends", "targets", "aims", "anticipates" or "believes" or variations (including negative variations) of such words and phrases or may be identified by statements to the effect that certain actions "may", "could", "should", "would", "might" or "will" be taken, occur or be achieved. These forward-looking statements include, among other things, statements relating to: (a) the business plans of the Company following completion of the Transaction (the "Resulting Issuer") (b) the completion of Transaction and the Atlantico Financing and (c) the listing of the Resulting Issuer on the CSE,; and

Such forward-looking statements are based on a number of assumptions of the management of Innovation and the management of the Company, including, without limitation, that (i) the parties will obtain all necessary corporate, shareholder and regulatory approvals and consents required for the completion of the Transaction (including TSXV/CSE approval), (ii) the Atlantico Financing will be completed, (iii) the Transaction will be completed on the terms and conditions and within the timeframes expected by each of the Company and Atlantico, (iv) the Resulting Issuer will be listed on the CSE, as anticipated and (vi) there will be no adverse changes in applicable regulations or TSXV/CSE policies that impact the Transaction.

Additionally, forward-looking information involve a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of the Company, Atlantico or the Resulting Issuer to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: (A) there can be no assurances that the Company and Atlantico will obtain all requisite approvals for the Transaction, including the approval of the Company's shareholders, or the approval of the TSXV or CSE (which may be conditional upon amendments to the terms of the Transaction), or that the Transaction will be completed on the terms and conditions contained in the LOI, or at all, (B) there can be no assurances as to the completion of or the actual gross proceeds raised in connection with the Atlantico Financing, (C) the parties and the completion of the Transaction may be adversely impacted by changes in legislation, changes in TSXV or CSE policies, political instability or general market conditions, (D) risks relating to the current global trade war, or (E) financing may not be available when needed or on terms and conditions acceptable to the Resulting Issuer.

Such forward-looking information represents the best judgment of the management of Atlantico and the management of the Company based on information currently available. No forward-looking statement can be guaranteed and actual future results may vary materially. Accordingly, readers are advised not to place undue reliance on forward-looking statements or information. Neither the Company nor Atlantico, nor any of their representatives make any representation or warranty, express or implied, as to the accuracy, sufficiency or completeness of the information in this press release.

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/272275

Year-to-date net income exceeds the 2024 result for the same period by $3.3 million. See associated, unaudited summary consolidated financial data for additional information.

Nvidia CEO Jensen Huang said on Tuesday that the artificial intelligence chip leader will build seven new supercomputers for the Energy Department, and said the company has $500 billion in bookings for its AI chips.

The first company to be worth more than $4 trillion, Nvidia is at the core of the global rollout of AI. It is striking deals around the world while also navigating a US-China trade war that could determine which country’s technology is most used around the world.

Investors are looking for clarity on what chips the tech company will be able to sell to the vast Chinese market, but Huang kicked off a keynote address at the company’s GTC event in the US capital by praising policy by President Trump while announcing new products and deals.

Nvidia CEO Huang kicked off a keynote address at the company’s GTC event in the US capital by praising policy by President Trump while announcing new products and deals. AP
These included network technology that will let Nvidia AI chips work with quantum computers.

The supercomputers Nvidia is building for the Energy Department will in part help the United States maintain and develop its nuclear weapons arsenal.

The supercomputers will also be used to research alternative energy sources such as nuclear fusion.

The largest of the supercomputers for the Department of Energy will be built with Oracle and contain 100,000 of Nvidia’s Blackwell chips.

“Putting the weight of the nation behind pro-energy growth completely changed the game,” Huang said. “If this didn’t happen, we could have been in a bad situation, and I want to thank President Trump for that.”

Nvidia shares were up 3.3% at $197.82 on Tuesday afternoon.

The supercomputers Nvidia is building for the Energy Department will in part help the United States maintain and develop its nuclear weapons arsenal. AFP via Getty Images
Nvidia also announced new details with Finnish telecom equipment maker Nokia to target the AI communications market. 

Nvidia will invest $1 billion for a 2.9% stake in Nokia and it also introduced a new product line called Arc, designed to work with telecommunications equipment.

Huang said Nvidia will work with Nokia to improve the power efficiency of the company’s base stations for 6G, the next generation of wireless data technology.

“We’re going to take this new technology and we’ll be able to upgrade millions of base stations around the world,” Huang said.

Altogether the company has $500 billion in bookings for its Blackwell and Rubin chips over the next five quarters, the CEO said.

Nvidia also announced a partnership with Palantir Technologies, a company that works closely with the US government. However, the focus of Nvidia’s partnership was on Palantir’s commercial business, where Nvidia will help it speed up solving logistics problems for companies such as home improvement retailer Lowe’s. Such corporate work was a longtime stronghold of Intel.

Altogether the company has $500 billion in bookings for its Blackwell and Rubin chips over the next five quarters, the CEO said. AFP via Getty Images
Nvidia announced a new self-driving car technology platform called Hyperion. Huang said that Nvidia is partnering with Uber to create a network of Robotaxis. “This is going to be a new computing platform for us, and I’m expecting it to be quite successful,” Huang said.

“These announcements all show Nvidia’s ability to extend its reach beyond its core data center customers,” said Gil Luria, analyst at D.A. Davidson. “While these projects pale in comparison to the capex by the hyperscalers such as Microsoft, Amazon, Google and Meta, they could create new markets for Nvidia down the line.”

Huang took the stage in a packed conference hall as Trump continued his tour of Asia this week ahead of his expected meeting with Chinese President Xi Jinping on Thursday.

President Trump is expected to meet with Chinese President Xi Jinping on Thursday. AP
The flow of advanced technology between the two nations is likely to be at the center of trade discussions, with access to Nvidia’s chips a key issue.

Nvidia’s annual GTC event is being held for the first time in Washington, DC, a sign that the company is pursuing work with the government and contractors clustered around the capital.

At its last GTC in California in March, Nvidia laid out its chip road map for the next year.

The US government is focused on AI and expanding its computing power. On Monday, Nvidia competitor Advanced Micro Devices unveiled a $1 billion partnership with the Department of Energy to construct two supercomputers that will tackle large scientific problems ranging from nuclear power to cancer treatments to national security.

Former President Joe Biden clamped down on sales of Nvidia’s most advanced chips to China, but Trump has wavered in his policy in his second term, at first restricting exports of Nvidia’s AI chips designed for the China market before reversing course in July.

Nvidia’s annual GTC event was held for the first time in Washington, DC, a sign that the company is pursuing work with the government and contractors clustered around the capital. AFP via Getty Images
Huang has argued that Nvidia needs access to some $50 billion in potential sales from the Chinese market to fund US-based research and development to maintain his company’s edge.

Reuters has previously reported that Chinese developers still want Nvidia’s chips, despite pressure from Beijing to purchase domestic chips from Huawei Technologies Co.

Nvidia outlined how it is making chips in Arizona at TSMC’s facilities, and assembling servers in Texas and networking gear in California. “We are manufacturing in America again — it is incredible. The first thing that President Trump asked me is, ‘bring manufacturing back,'” Huang said.

Key Takeaways Buenaventura Mining will report third-quarter 2025 results on Oct. 30 after market close.Q3 revenues are projected at $363 million, up 9.7%, with EPS estimated to climb 41.4% year over year.Higher gold, silver and copper prices likely offset lower gold and copper sales volumes in the quarter.
Buenaventura Mining (BVN - Free Report) is scheduled to report third-quarter 2025 results on Oct. 30, after market close.

The Zacks Consensus Estimate for Buenaventura Mining’s third-quarter total sales is pegged at $363 million, indicating a 9.7% rise from the year-ago quarter. 

The consensus mark for earnings has moved up 17.1% in the past 60 days and currently stands at 41 cents per share. It indicates 41.4% growth from the prior-year quarter.

Image Source: Zacks Investment Research

Buenaventura Mining’s Earnings Surprise HistoryBVN’s earnings beat the Zacks Consensus Estimate in three of the trailing four quarters but missed in one. The company has a trailing four-quarter earnings surprise of 14.63%, on average. The trend is shown in the chart below.

Image Source: Zacks Investment Research

What the Zacks Model Unveils for BVN StockOur proven model does not predict an earnings beat for Buenaventura Mining this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. That is not the case here, as you can see below.

You can uncover the best stocks before they’re reported with our Earnings ESP Filter.

Earnings ESP: Buenaventura Mining has an Earnings ESP of 0.00%.

Zacks Rank: BVN currently sports a Zacks Rank of 1. You can see the complete list of today’s Zacks #1 Rank stocks here.

Factors Likely to Have Shaped Buenaventura Mining’s Q3 PerformanceThe company recently released its third-quarter 2025 production and sales figures as well as the average realized metal prices, which provide an insight into how it fared in the quarter.

Gold production from direct operations was 30,894 ounces in the third quarter, down 15% compared with the year-ago quarter. Including Coimolache, the total gold produced was 34,950 ounces, down 12%. BVN sold 32,438 ounces of gold in the third quarter of 2025, which marked a 16% year-over-year decline.  

Buenaventura Mining produced around 4.28 million ounces of silver from total direct operations, reflecting a 1% year-over-year rise. Including Coimolache, silver production was 4.07 million ounces. Buenaventura Mining also produced 4,874 MT of lead, 6,989 MT of zinc and 12,770 MT of copper in the quarter. 

Silver sales volumes were up 6% at 4.12 million ounces, lead sales were up 3% to 4,586 MT, while zinc sales volumes remained flat. Copper sales were at 14,223 MT, 9% lower than the prior year.

The quarter benefited from a favorable pricing environment. The company stated that average realized gold prices surged 43% year over year to $3,594 per ounce.

Silver prices averaged around $40.81 per ounce in the quarter, up 36% year over year. Copper prices were up 6% year over year, while lead and zinc prices were down 9% and 2%, respectively.

Overall, the sharp rise in gold, silver and copper prices, along with the increase in sales volume for silver and lead, is expected to have more than offset the impact of lower gold and copper sales. This is expected to reflect on Buenaventura Mining’s results in the quarter.

BVN Stock’s Price PerformanceShares of Buenaventura Mining have gained 86.7% so far this year compared with the industry’s 104.8% growth.

Image Source: Zacks Investment Research

Stocks Poised to Beat EstimatesAgnico Eagle Mines Limited (AEM - Free Report) , scheduled to release third-quarter earnings on Oct. 29, has an Earnings ESP of +11.44% and a Zacks Rank of 2.

Agnico Eagle Mines’ earnings for the third quarter are pegged at $1.76 per share, indicating a year-over-year jump of 54.4%. Agnico Eagle Mines has a trailing four-quarter average earnings surprise of 10%.

Pan American Silver Corp. (PAAS - Free Report) , slated to release third-quarter 2025 earnings on Nov. 12, has an Earnings ESP of +2.21% and carries a Zacks Rank of 3 at present.

The Zacks Consensus Estimate for Pan American Silver’s earnings for the third quarter is pegged at 51 cents per share. The estimate indicates a 59% increase from the earnings of 32 cents per share reported in the year-ago quarter. Pan American Silver has a trailing four-quarter average earnings surprise of 45.2%.

CSW Industrials, Inc. (CSW - Free Report) , slated to release second-quarter fiscal 2026 earnings on Oct. 30, has an Earnings ESP of +1.10% and a Zacks Rank of 3 at present.

The consensus mark for CSW Industrials’ earnings is pegged at $2.73 per share. It indicates a year-over-year rise of 20.8%. CSW Industrials has a trailing four-quarter average earnings surprise of 5.6%.

Investors in Choice Hotels International, Inc. (CHH - Free Report) need to pay close attention to the stock based on moves in the options market lately. That is because the Dec. 19, 2025 $140 Call had some of the highest implied volatility of all equity options today.

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

What do the Analysts Think?Clearly, options traders are pricing in a big move for Choice Hotels International shares, but what is the fundamental picture for the company? Currently, Choice Hotels International is a Zacks Rank #3 (Hold) in the Hotels and Motels industry that ranks in the Bottom 25% of our Zacks Industry Rank. Over the last 60 days, one analyst has increased the earnings estimates for the current quarter, while three have dropped their estimates. The net effect has taken our Zacks Consensus Estimate for the current quarter from $2.21 per share to $2.19 in that period.

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

Looking to Trade Options?Check out the simple yet high-powered approach that Zacks Executive VP Kevin Matras has used to close recent double and triple-digit winners. In addition to impressive profit potential, these trades can actually reduce your risk.

Click to see the trades now >>

NEW YORK, Oct. 28, 2025 (GLOBE NEWSWIRE) --

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of KBR, Inc. (NYSE: KBR) between May 6, 2025 and June 19, 2025, both dates inclusive (the “Class Period”), of the important November 18, 2025 lead plaintiff deadline in the securities class action first filed by the Firm.

SO WHAT: If you purchased KBR securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the KBR class action, go to https://rosenlegal.com/submit-form/?case_id=42136 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than November 18, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) despite the knowledge that the U.S. Department of Defense’s Transportation Command (TRANSCOM) had, for months, had material concerns with HomeSafe’s ability to fulfill the Global Household Goods Contract, defendants claimed that the partnership was without issue, and would ramp up in future quarters; and (2) as a result, defendants’ statements about KBR’s business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the KBR class action, go to https://rosenlegal.com/submit-form/?case_id=42136 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.

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

-------------------------------

Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com

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

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

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

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

Key Takeaways Sherwin-Williams posted Q3 earnings of $3.35 per share, up 5.3% year over year.Q3 revenues rose 3.2% to $6.36B, driven by higher Paint Stores segment sales and pricing.SHW now expects 2025 adjusted EPS of $11.25-$11.45 with low single-digit sales growth.
The Sherwin-Williams Company (SHW - Free Report) reported third-quarter 2025 earnings of $3.35 per share, up around 5.3% from $3.18 in the year-ago quarter.

Barring one-time items, adjusted earnings were $3.59 per share, which beat the Zacks Consensus Estimate of $3.46.

Sherwin-Williams posted revenues of $6,358.2 million, up around 3.2% year over year. The figure beat the Zacks Consensus Estimate of $6,210.8 million.

SHW’s Q3 Segmental ReviewThe Paint Stores Group segment registered net sales of $3,836.8 million in the third quarter, up around 5.1% year over year. The figure beat the Zacks Consensus Estimate of $3,724 million. The segment's net sales grew, driven by higher selling prices. Profits also increased from leverage on selling, general and administrative expenses.

Net sales in the Consumer Brands Group segment declined 2.6% year over year to $770.1 million, beating the consensus estimate of $740 million. The segment's net sales decreased due to soft DIY demand in North America and Latin America. However, increased net sales in Europe partially offset the decline.

Net sales in the Performance Coatings Group went up roughly 1.7% year over year to around $1,750 million in the reported quarter, beating the consensus estimate of $1,744 million. The segment's net sales increased, driven by volume growth, incremental sales from acquisitions and favorable foreign currency translation, offset by unfavorable region and business sales mix.

FinancialsDuring the first nine months of 2025, the company generated $2.36 billion in net operating cash and returned $2.13 billion to its shareholders through dividends and stock repurchases of 4.5 million shares. As of Sept. 30, 2025, Sherwin-Williams had the authorization to buy back 30 million shares of its common stock through open market purchases.

Q4 & 2025 Outlook by Sherwin-WilliamsFor the fourth quarter and full-year 2025, the company anticipates net sales to be up by a low to mid-single-digit and by a low-single-digit percentage, respectively. The effective tax rate is expected to be in the low 20% range for 2025. Net income per share is projected to range between $10.16 and $10.36, while adjusted net income per share is forecasted in the band of $11.25 to $11.45 for the full year. The full-year outlook takes into account the Suvinil acquisition, which closed on Oct. 1.

SHW’s Price PerformanceShares of Sherwin-Williams have lost 6.2% in the past year compared with the industry’s 7.4% decline.

Image Source: Zacks Investment Research

SHW’s Zacks Rank & Key PicksSHW currently carries a Zacks Rank #3 (Hold).

Some better-ranked stocks worth a look in the basic materials space are Royal Gold, Inc. (RGLD - Free Report) , Avino Silver & Gold Mines Ltd. (ASM - Free Report) and Fortuna Mining Corp. (FSM - Free Report) .

Royal Gold is scheduled to report third-quarter results on Nov. 5. The Zacks Consensus Estimate for RGLD’s third-quarter earnings is pegged at $2.30 per share. RGLD’s earnings beat the Zacks Consensus Estimate in each of the last four quarters, with the average surprise being 8.95%. Royal Gold currently flaunts a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Avino Silver is slated to report third-quarter results on Nov. 6. The Zacks Consensus Estimate for third-quarter earnings is pegged at 3 cents per share. ASM’s earnings beat the Zacks Consensus Estimate in each of the last four quarters, with the average surprise being 141.67%. Avino Silver carries a Zacks Rank #2 (Buy) at present.

Fortuna Mining is scheduled to report third-quarter results on Nov. 5. FSM carries a Zacks Rank #2 at present. Fortuna Mining’s earnings beat the consensus estimate in one of the last four quarters and missed thrice.

Q3: 2025-10-27 Earnings SummaryEPS of $2.63 beats by $0.47

 |

Revenue of

$8.52B

(14.47% Y/Y)

beats by $366.39M

Nucor Corporation (NYSE:NUE) Q3 2025 Earnings Call October 28, 2025 10:00 AM EDT

Company Participants

Chris Jacobi
Leon Topalian - President, CEO & Chairman of the Board
Stephen Laxton - CFO, Treasurer & Executive VP
John Hollatz - Executive Vice President of Fabricated Construction Products
David Sumoski - Chief Operating Officer
Noah Hanners - Executive Vice President of Sheet Products
Randy Spicer - Executive Vice President of Bar & Rebar Fabrication Products
Brad Ford - Executive Vice President of Plate & Structural Products

Conference Call Participants

Alexander Hacking - Citigroup Inc., Research Division
William Peterson - JPMorgan Chase & Co, Research Division
Lawson Winder - BofA Securities, Research Division
Timna Tanners - Wells Fargo Securities, LLC, Research Division
Philip Gibbs - KeyBanc Capital Markets Inc., Research Division
Katja Jancic - BMO Capital Markets Equity Research
Andrew Jones - UBS Investment Bank, Research Division
Tristan Gresser - BNP Paribas Exane, Research Division

Presentation

Operator

Good morning, and welcome to Nucor's Third Quarter 2025 Earnings Call. [Operator Instructions] And today's call is being recorded. [Operator Instructions] At this time, I would like to introduce Chris Jacobi, Director of Investor Relations. You may begin your call.

Chris Jacobi

Thank you, and good morning, everyone. I'm excited to join you this morning as the newest member of the Nucor IR team and welcome you to our third quarter earnings review and business update. Leading our call today is Leon Topalian, Chair, President and CEO; along with Steve Laxton, Executive Vice President and CFO. Other members of the Nucor executive team are also here with us today and may participate during the Q&A portion of the call.

Yesterday, we posted our third quarter earnings release and investor presentation to Nucor's IR website. We encourage you to access these materials as we will cover portions of them during the call. Today's discussion will include the use of non-GAAP financial measures

Recommended For You

Cisco offers a NVIDIA Cloud Partner-compliant reference architecture based on new data center switching solutions, providing customers ultimate flexibility as they build critical AI infrastructure.

News Summary:

With the new Cisco N9100 series switch, Cisco now offers neocloud and sovereign cloud customers a NVIDIA Cloud Partner-compliant reference architecture, delivering a unified operating model with the flexibility of NX-OS or SONiC.
Cisco is introducing the Cisco Cloud Reference Architecture for neocloud and sovereign cloud customers; the new offering is based on the tenets of the NVIDIA Cloud Partner reference architecture and utilizes Cisco Silicon One-based switches with embedded NVIDIA Spectrum-X capabilities.
For enterprises, Cisco strengthens the Secure AI Factory with NVIDIA through advancements in compute, security, networking, observability, and new ecosystem partnerships.
Cisco, NVIDIA, and other telecom industry partners unveil the first AI-native wireless stack for 6G, empowering telecom providers with a network transition path for the AI era.

, /PRNewswire/ -- GTC -- Cisco (NASDAQ: CSCO) today introduced major advancements to accelerate secure, scalable AI across market segments. Leading the announcements is the Cisco N9100, the first NVIDIA partner-developed data center switch based on NVIDIA Spectrum-X Ethernet switch silicon. With this switch, Cisco is offering a NVIDIA Cloud Partner-compliant reference architecture for neocloud and sovereign cloud deployments. For enterprise customers, Cisco Secure AI Factory with NVIDIA, strengthens protection and visibility across AI deployments with new security and observability integrations. To pave the way for next-generation connectivity in the telecom industry, Cisco, NVIDIA and additional partners unveiled the industry's first AI-native wireless stack for 6G. Together, these innovations offer neocloud, enterprise, and telecom customers the flexibility and interoperability to efficiently build, manage and secure AI infrastructure at scale.

"We're at the beginning of the largest data center build-out in history," said Jeetu Patel, President and Chief Product Officer, Cisco. "The infrastructure that will power the agentic AI applications and innovation of the future requires new architectures designed to overcome today's constraints in power, computing, and network performance. Together, Cisco and NVIDIA are leading the way in defining the technologies that will power these AI-ready data centers in all their varieties, from emerging neoclouds, to global service providers, to enterprises, and beyond." 

"NVIDIA Spectrum-X Ethernet delivers the performance of accelerated networking for Ethernet," said Gilad Shainer, SVP of Networking at NVIDIA. "Working with Cisco's Cloud Reference Architectures and NVIDIA Cloud Partner design principles, customers can choose to deploy Spectrum-X Ethernet using the newest Cisco N9100 series or Cisco Silicon One based switches to build open, high-performance AI networks."

A Portfolio for Any AI Workload
Back-end and front-end Ethernet-based networks must be flexible enough to keep pace with rapid AI innovation, integrate seamlessly with existing infrastructure, and be simple to deploy and manage. Orderable before the end of the year, the Cisco N9100 series switches offer a choice of Cisco NX-OS or SONiC operating systems, advancing Ethernet for AI networks and offering greater flexibility in how neocloud and sovereign cloud customers build their AI infrastructure. With the N9100 as a foundation, Cisco will offer a NVIDIA Cloud Partner-compliant reference architecture. Cisco's portfolio of Nexus data center switching solutions provides a unified operating model through Cisco Nexus Dashboard, across Silicon One, Cloud-scale ASICs, and now switches built on Spectrum-X Ethernet switch silicon. 

Additionally, for neocloud and sovereign cloud customers, the Cisco Cloud Reference Architecture is based on the design tenets of NVIDIA's Cloud Partner reference architecture and utilizes Cisco's Silicon One and Cloud-scale ASIC offerings. The reference architecture will also include the recently introduced Cisco 8223 based on the Silicon One P200 for scale-across networks, NVIDIA BlueField-4 DPUs, and NVIDIA ConnectX-9 SuperNICs.

Cisco Secure AI Factory with NVIDIA: Built for Performance, Security, Resiliency
Since its unveiling at GTC in March 2025, the Cisco Secure AI Factory with NVIDIA has led the industry in offering enterprises a comprehensive architecture for AI infrastructure that puts security and observability at the forefront without sacrificing performance. With Cisco AI PODs and Cisco Silicon One-powered Nexus switching as a foundation, Cisco today is delivering new capabilities and features across:

Security and Observability - Cisco AI Defense now integrates with NVIDIA NeMo Guardrails to deliver robust cybersecurity for AI applications. Cisco AI Defense is orderable for on-premises data-plane deployment enabling security and AI teams to protect AI models and applications, limiting the sensitive data that leaves their organization's data centers. Also available, Splunk Observability Cloud helps teams to monitor the performance, quality, security, and cost of their AI application stack—including real-time insights into AI infrastructure health with Cisco AI PODs—while Splunk Enterprise Security extends this visibility to protect AI workloads.
● Core AI Infrastructure - Cisco Isovalent is now validated for inference workloads on AI PODs, enabling enterprise grade, high-performance Kubernetes networking. Cisco Nexus Hyperfabric AI with a new cloud-managed Cisco G200 Silicon One switch that delivers high-density 800G Ethernet, is now orderable as a deployment option in AI PODs. Cisco UCS 880A M8 rack servers with NVIDIA HGX B300, and the Cisco UCS X-Series modular servers with NVIDIA RTX PRO 6000 Blackwell Server Edition GPUs are also now orderable as part of AI PODs. This enables high-performance GPU support for a wide range of workloads including generative AI fine-tuning, inference and more.
Ecosystem expansion - NVIDIA Run:ai software is available through Cisco and its partners, enabling intelligent AI workload and GPU orchestration capabilities. Nutanix Kubernetes Platform (NKP) solution is now a supported Kubernetes platform, and Nutanix Unified Storage (NUS) solution is now a supported storage option, with Nutanix Enterprise AI (NAI) solution as the interoperable software component that simplifies building and operating containerized inference services.
Government-Ready - Cisco is collaborating with NVIDIA and aligning to the new NVIDIA AI Factory for Government, a full-stack end-to-end reference design for AI workloads deployed in highly regulated environments.

The First AI-native Wireless Stack – with Cisco at its Core
As AI moves from smartphones to more connected things – augmented reality glasses, connected cars and robotics – wireless networks face mounting demand to support billions of connections at unprecedented scale and efficiency. To meet this challenge, Cisco, NVIDIA, and additional telecom partners have developed the first American AI-RAN stack for mobile networks that integrates sensing and communication, with multiple pre-6G applications being showcased at NVIDIA GTC DC. It allows telecom providers to infuse AI into their mobile networks, starting with 5G advanced services and establishes the groundwork for 6G. The stack combines Cisco's user plane function and 5G core software with the NVIDIA AI Aerial platform, creating a foundation that enables physical AI and integrated sensing with unmatched efficiency and security. 

Cisco and NVIDIA: Moving AI Forward, Together
Cisco and NVIDIA's collaboration continues to accelerate, driven by a shared vision of an AI-powered future that is scalable, observable, and secure. The advancements announced today are a testament to Cisco's relentless pursuit of innovation, that will accelerate AI adoption across enterprises, neoclouds and telecom providers.

Industry Reactions:
"The real challenge in AI infrastructure isn't just performance—it's maintaining operational sanity as you scale from dozens to thousands of GPUs. Cisco's approach with NX-OS and Nexus Dashboard creates a single pane of glass across our entire AI fabric, whether we're optimizing inference latency in the front-end or maximizing training throughput in the back-end. That operational simplicity translates directly to faster deployments and lower TCO." – Xiaohe Hu, CEO, Infrawaves

"Cisco's N9100 series powered by NVIDIA Spectrum-X Ethernet switch silicon, provides a solution for high-performance, open infrastructure to meet our AI cloud demands. The capability to run NX-OS or SONiC under a unified operating model on Nexus Dashboard delivers more flexibility to our customers with operational simplicity. Its enterprise-grade networking with the scale and agility of the cloud — exactly what the next generation of AI workloads requires." – Yih Leong Sun, Head of Infra, GMI Cloud

 "As the demand for computing power continues to grow, our GPU clusters are expanding rapidly in scale. In ultra-large-scale GPU networks, we face various challenges such as congestion management and load balance. Cisco's NCP compliant reference architecture with N9100 Series switch provides us with the desired performance and openness out of the box. With the Cisco Nexus platform, we can fully leverage the AI networking capabilities of NVIDIA Spectrum-X Ethernet switch silicon without incurring additional operational or development costs and seamlessly integrate with our existing systems. We look forward to partnering with Cisco on this exciting journey ahead." – Junfeng Cheng, Head of Networking Infrastructure, Xiaohongshu (RedNote)

"World Wide Technology (WWT) clients know and trust Cisco networking in the enterprise data center. Bringing that together with the innovation of NVIDIA Spectrum-X Ethernet technology extends the value of our clients' investment in the data center to now include AI workloads. This will be critical as our clients look to scale AI in the enterprise data center." — Neil Anderson, VP and CTO Cloud, Infrastructure and AI Solutions at World Wide Technology (WWT)

"BlueSky Compute is excited to be one of the first Neoclouds to deploy Cisco's N9100 series switches for the scale-out fabric in our AI training clusters- powering our vision to turn AI into ROI for the world's enterprises by building larger, more interconnected B300 clusters, faster. Cisco's NCP compliant reference architecture based on N9100 Series switch while maintaining the operational simplicity with Nexus Dashboard is a game-changer." – Ian Hartley, CEO Bluesky Compute

"We've deployed thousands of GPUs across our customers' AI infrastructure, and network complexity has been our biggest scaling challenge. Cisco's Nexus N9100 series platform based on NVIDIA Spectrum-X Ethernet switch silicon directly addresses this with NCP RA compliance - giving us the performance we need with the openness we require. The unified Nexus operating model is particularly compelling as it maintains consistent operations. This flexibility to meet customers where they are, rather than forcing architectural decisions, is reshaping how customers approach AI infrastructure." – Thomas Berger, Computacenter

"Shanghaj Lichan Co., Ltd., as an NVIDIA Cloud Partner, offers a comprehensive full-stack solution that integrates both hardware and software to power AI-driven cloud services. Our services include end-to-end capabilities, from consulting and planning, to testing, deployment, and implementation, as well as ongoing operations and maintenance. We are excited about the upcoming launch of the Cisco N9100 Series . We believe its unified operating model with Nexus Dashboard and NCP-compliant reference architecture will simplify deployments and scale our AI infrastructure more efficiently. This solution is designed to accelerate innovation, reduce costs, and deliver large-scale capabilities to our customers faster than ever before." – Wendy Wu, Chairman, Shanghai Lichan Technology Co., Ltd.

Additional Resources:

Executive blog: Cisco Drives AI Networking Innovation with NVIDIA by Will Eatherton, SVP, Data Center, Internet & Cloud Infrastructure Engineering, Cisco
Executive Blog: Avatar Cisco Nexus Delivers New AI Innovations with NVIDIA by Murali Gandluru, VP , Data Center Networking, Cisco
Executive Blog: From AI Pilots to Production: Building Infrastructure That Makes AI Real by Jeremy Foster, SVP, Data Center Compute, Cisco
Executive Blog: Leading the Next Era of Intelligent Connectivity by Masum Mir, SVP & GM, Cisco Provider Mobility
Product blog: Cisco AI Defense Integrates with NVIDIA AI Enterprise Software to Secure AI Applications Using NVIDIA NeMo Guardrails
Product blog: Unlocking AI Performance: Splunk Observability for Cisco Secure AI Factory with NVIDIA
NVIDIA AI Factory for Government
NVIDIA RTX PRO 6000 Blackwell Server Edition Series GPUs
NVIDIA HGX B300
NVIDIA BlueField DPUs

About Cisco
Cisco (NASDAQ: CSCO) is the worldwide technology leader that is revolutionizing the way organizations connect and protect in the AI era. For more than 40 years, Cisco has securely connected the world. With its industry leading AI-powered solutions and services, Cisco enables its customers, partners and communities to unlock innovation, enhance productivity and strengthen digital resilience. With purpose at its core, Cisco remains committed to creating a more connected and inclusive future for all. Discover more on The Newsroom and follow us on X at @Cisco.

Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco's trademarks can be found at http://www.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word 'partner' does not imply a partnership relationship between Cisco and any other company.

Disclaimer: Many of the products and features mentioned are still in development and will be made available as they are finalized, subject to ongoing evolution in development and innovation. The timeline for their release is subject to change.

SOURCE Cisco Systems, Inc.

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+

Newsrooms &

Influencers

9k+

Digital Media

Outlets

270k+

Journalists

Opted In

Corporate Bitcoin buying hits year-to-date lows, and Coinbase warns that only one Ethereum DAT is keeping the institutional demand afloat.

REX-Osprey XRP ETF (XRPR) Stats – Source: REX-Osprey Website

This company would join VivoPower International in the list of XRP-focused treasuries that have already carried out their strategies, while multiple other publicly listed firms like Trident Digital Tech Holdings are negotiating with investors to launch similar initiatives.

Meanwhile, the REX-Osprey XRP ETF (XRPR) has surpassed the $110 million mark in assets under management, as institutional interest for altcoins keeps growing.

Although Trump temporarily derailed altcoin season, XRP’s daily chart still points to an ongoing consolidation. These technical setups tend to indicate accumulation by market participants, and could anticipate a big boost in the price.

What XRP needs at the time is another catalyst that manages to push the price above its all-time high. Ethereum (ETH) and BNB Coin (BNB) have paved the way, as these two have already reached new price records during this cycle.

XRP could play catch-up at some point, and the only reason why this move has been delaying seems to be that the market is taking a breather following the massive 500% rally that the token experienced between October 2024 and January 2025.

XRP Eyes Trend Line Breakout as RSI Sends Buy Signal
The daily chart shows that XRP climbed above the 200-day exponential moving average (EMA) in the past few days, favoring a bullish long-term outlook for the token.

22 minutes ago

Éric Ciotti of the Union of the Right for the Republic led the charge in a motion for a resolution to ban CBDCs and promote stablecoins in France.

197

Lawmakers in France are set to review a proposal that could have significant implications for the country’s adoption of digital currencies, from stablecoins to Bitcoin (BTC).

In a motion for a resolution introduced on Wednesday, Éric Ciotti of the Union of the Right for the Republic led a proposal for France’s national assembly to ban the digital euro, potentially being pioneered by the European Central Bank and instead promote “the dissemination of euro stablecoins and investment in crypto-assets.”

The motion cited the US’ efforts to ban central bank digital currencies (CBDCs) and promote stablecoins through the GENIUS Act signed into law in July.

“This proposed European resolution therefore calls on the Government to advocate for the future European prudential framework specific to cryptoasset exposures to deviate specifically from the 2022 Basel standard to facilitate the pledging of cryptoassets, while maintaining the objective of a substantial overhaul of these rules within the Basel Committee,” said the motion.

Source: French National AssemblyThe proposal did not explicitly mention establishing a national BTC reserve, but reports suggested that Ciotti intended to have the French government hold 2% of the total supply of the cryptocurrency, worth about $48 billion at the time of publication. Such a move would also follow the US government’s efforts to establish strategic BTC and crypto reserves, in part by using tokens seized through criminal cases.

The motion, which as of Tuesday did not appear to have been considered by French lawmakers, was the latest in the country’s national assembly, potentially affecting policy on crypto and Bitcoin. In August, the political party Rassemblement National reportedly pushed for the French government to mine BTC using surplus energy from the country’s nuclear power plants.

Another country adopting crypto reserve policies?In addition to the US government’s efforts under President Donald Trump to develop BTC and crypto stockpiles — which could potentially be bolstered by a $14-billion seizure earlier this month — other countries have been exploring options

Kyrgyzstan’s lawmakers reportedly began exploring the creation of a digital asset reserve following discussions with former Binance CEO Changpeng “CZ” Zhao, who works as an adviser to the government’s crypto committee. Meanwhile, one of the economic hubs in Bhutan said in January that it planned to set up a strategic crypto reserve, using BTC and other tokens.

Magazine: Mysterious Mr Nakamoto author: Finding Satoshi would hurt Bitcoin

REX-Osprey XRP ETF (XRPR) has surged past $100 million in assets just weeks after launch, signaling soaring institutional demand for XRP exposure.

Brian Njuguna2 min read

28 October 2025, 05:25 PM

Source: ShutterstockREX-Osprey XRP ETF Surpasses $100 Million, Signaling Strong Institutional DemandThe REX-Osprey XRP ETF has made a powerful debut, surpassing $100 million in assets in less than a month since its September 18 launch, a clear sign that institutional demand for XRP is accelerating despite U.S. regulatory uncertainty.

XRPR, listed on the Cboe BZX Exchange, is the first U.S.-listed fund offering direct exposure to XRP, the digital asset powering Ripple’s payments network. 

By tracking the spot price of XRP, the ETF gives professional and retail investors a compliant, regulated vehicle to access one of the crypto market’s most established altcoins, without the need for self-custody or unregulated exchanges.

Notably, the fund’s swift growth has positioned it as a key barometer for U.S. investor interest in XRP and altcoin exposure more broadly. XRPR’s rapid inflows rival early adoption levels seen with other digital asset ETFs such as Grayscale’s Ethereum Trust and Bitwise’s Bitcoin Fund during their initial launches.

Bolstering XRPR’s explosive momentum is the SEC’s temporary freeze on six competing XRP ETF applications amid the U.S. government shutdown. With reviews paused for firms like VanEck and Galaxy Digital, REX-Osprey enjoys a powerful first-mover advantage, seizing market share and investor attention while rivals remain on hold.

XRP has thrived under the spotlight, holding steady between $2.60 and $2.70 amid surging derivatives volume and growing optimism over future ETF approvals. Analysts say XRPR’s explosive debut could become the model for next-generation crypto ETFs, particularly those extending beyond Bitcoin and Ethereum.

Therefore, XRPR’s breakout success confirms that institutional demand for XRP is real and accelerating. As the SEC shutdown stalls rival ETF approvals, REX-Osprey’s early lead cements XRPR as the definitive benchmark for U.S. XRP investment demand.

ConclusionIn just weeks, the REX-Osprey XRP ETF has done more than hit a milestone, it has validated XRP’s role in institutional portfolios and signaled a clear shift toward regulated crypto exposure beyond Bitcoin and Ethereum. 

With competitors stalled by SEC delays, XRPR’s early lead cements it as the benchmark for mainstream XRP demand. If its momentum holds, this launch could mark the dawn of a new era for altcoin ETFs, one led by XRP at the crossroads of traditional finance and digital assets.

ENRICH your inbox with our best storiesDon’t miss out and join our newsletter to get the latest,
well-curated news from the crypto world!

Brian Njuguna

Brian Njuguna is a seasoned crypto journalist at Coinpaper, specializing in blockchain innovation, market trends, and regulatory developments. With a background in economics and years of experience covering the digital asset space, Brian delivers sharp, data-driven insights that cut through the hype. His reporting bridges global crypto narratives with emerging market perspectives, making complex topics accessible to a wide audience.

Read more about

Latest Cryptocurrencies News TodayXRP (Ripple) News

Western Union said Tuesday that it release a stablecoin via the Solana blockchain in 2026.

The international payments company said in a joint announcement with the Solana Foundation that the new digital token will be called USDPT and issued by Anchorage Digital Bank.

"Western Union will provide users with access to digital assets, and we look forward to enabling the ability to send, receive, spend and hold USDPT through a seamless user experience supported by our global compliance and risk capacities," the announcement read.

This is a breaking news story and will be updated. 

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