(ISRG.O), opens new tab on Tuesday reported better-than-expected third-quarter profit and revenue, driven by growing demand for its surgical robots used in minimally invasive procedures.
Shares of the Sunnyvale, California-based company surged 17% in extended trading.
Sign up here.
The company, known for its da Vinci robotic systems, has seen steady growth as hospitals work through a backlog of deferred procedures and expand access to minimally invasive care.
The medical device maker slightly raised its adjusted gross profit margin forecast for 2025 to between 67% and 67.5% from between 66% and 67%.
The updated range includes an estimated impact from tariffs of 0.7% of revenue, plus or minus 10 basis points, compared with the previously estimated impact of 1% of revenue.
More than 80% of the instruments and accessories for the company's da Vinci system are produced at Intuitive's facility in Mexico, while the company also operates in China and other international markets.
The company now expects worldwide da Vinci-assisted procedures to increase about 17% to 17.5% in 2025, compared with its previous range of 15.5% to 17%.
On an adjusted basis, the medical device maker earned $2.40 per share for the quarter ended September 30, beating analysts' estimates of $1.98 per share, according to LSEG data.
The company reported revenue of $2.51 billion for the third quarter, compared with analysts' estimates of $2.40 billion.
Reporting by Kamal Choudhury in Bengaluru; Editing by Anil D'Silva
Our Standards: The Thomson Reuters Trust Principles., opens new tab
2025-10-21 20:551mo ago
2025-10-21 16:441mo ago
Roche Holding AG (RHHBY) Shareholder/Analyst Call Transcript
Roche Holding AG (OTCQX:RHHBY) Shareholder/Analyst Call October 21, 2025 11:00 AM EDT
Company Participants
Bruno Eschli - Head of Investor Relations
Nilesh Mehta - Global Franchise Head - Ophthalmology
Chris Brittain - Global Head of Ophthalmology Product Development & VP
Conference Call Participants
Nisha Acharya
César Briceño
Michael Leuchten - Jefferies LLC, Research Division
Peter Verdult - BNP Paribas Exane, Research Division
James Quigley - Goldman Sachs Group, Inc., Research Division
Steve Scala - TD Cowen, Research Division
Matthew Weston - UBS Investment Bank, Research Division
Presentation
Operator
My name is Henrik, and I'm the technical operator for today's call. Kindly note that the webinar is being recorded. [Operator Instructions] One last remark. If you would like to follow the presented slides on your end as well, please feel free to go to roche.com/investors to download the presentation.
At this time, it's my pleasure to introduce you to Bruno Eschli, Head of Investor Relations. Bruno, the stage is yours.
Bruno Eschli
Head of Investor Relations
Thanks, Henrik. Could I have the first slide, please? Thank you. So welcome to our seventh IR event for this year, where we will focus on the latest clinical results from our ophthalmology portfolio, which got presented last week at ASOPRS and AAO.
And let me quickly take you through today's agenda. The event will go for 60 minutes, I assume around 40 minutes for the presentation, and then we have 20 minutes for Q&A. If we go top down, then our first presentation will be given by Nilesh Mehta, our franchise head, ophthalmology and global product strategy. Nilesh will provide a quick introduction to our IL-6 development programs in ophthalmology.
Thereafter, our second speaker then will be Dr. Nisha Acharya. Dr. Nisha Acharya is an Elizabeth C. Proctor Distinguished Professor of Ophthalmology, Epidemiology & Biostatistics at the University of California San Francisco and Director of the Uveitis and
Recommended For You
2025-10-21 20:551mo ago
2025-10-21 16:441mo ago
Lockheed Martin Corporation (LMT) Q3 2025 Earnings Call Transcript
Q3: 2025-10-21 Earnings SummaryEPS of $6.95 beats by $0.60
|
Revenue of
$18.61B
(8.80% Y/Y)
beats by $87.54M
Lockheed Martin Corporation (NYSE:LMT) Q3 2025 Earnings Call October 21, 2025 11:00 AM EDT
Company Participants
Maria Lee - VP, Treasurer & Investor Relations
James Taiclet - Chairman, President & CEO
Evan Scott - Senior VP & CFO
Conference Call Participants
Douglas Harned - Sanford C. Bernstein & Co., LLC., Research Division
Seth Seifman - JPMorgan Chase & Co, Research Division
Kenneth Herbert - RBC Capital Markets, Research Division
Gavin Parsons - UBS Investment Bank, Research Division
Scott Deuschle - Deutsche Bank AG, Research Division
Richard Safran - Seaport Research Partners
Peter Skibitski - Alembic Global Advisors
Myles Walton - Wolfe Research, LLC
Kristine Liwag - Morgan Stanley, Research Division
Gautam Khanna - TD Cowen, Research Division
Robert Stallard - Vertical Research Partners, LLC
Michael Ciarmoli - Truist Securities, Inc., Research Division
Scott Mikus - Melius Research LLC
Sheila Kahyaoglu - Jefferies LLC, Research Division
Peter Arment - Robert W. Baird & Co. Incorporated, Research Division
Presentation
Operator
Good day, and welcome, everyone, to the Lockheed Martin Third Quarter 2025 Earnings Results Conference Call. Today's call is being recorded.
[Operator Instructions]
At this time, for opening remarks and introductions, I would like to turn the call over to Maria Ricciardone, Vice President, Treasurer and Investor Relations. Please go ahead.
Maria Lee
VP, Treasurer & Investor Relations
Thank you, Sarah, and good morning. I'd like to welcome everyone to our third quarter 2025 earnings conference call. Joining me today on the call are Jim Taiclet, our Chairman, President and Chief Executive Officer; and Evan Scott, our Chief Financial Officer.
Statements made today that are not historical facts are considered forward-looking statements and are made pursuant to the safe harbor provisions of federal securities laws. Actual results may differ materially from those projected in the forward-looking statements. Please see Lockheed Martin's SEC filings, including our 2024 annual report on Form 10-K and subsequent quarterly reports on Form 10-Q for
Recommended For You
2025-10-21 20:551mo ago
2025-10-21 16:451mo ago
Perpetua Resources Breaks Ground on the Stibnite Gold Project
The Project has the Only American Reserve of Critical Mineral Antimony
American Antimony Needed to Counter Chinese Export Ban
, /PRNewswire/ - Perpetua Resources Corp. (Nasdaq: PPTA) (TSX: PPTA) ("Perpetua Resources" or "Perpetua" or the "Company") announced that the Company is breaking ground on early works construction for the Stibnite Gold Project (the "Project") today. This milestone achievement comes after the Company posted $139 million in construction phase financial assurance for the Stibnite Gold Project and received Notice from the U.S. Forest Service ("USFS") that the requirements of 2025 Record of Decision ("ROD") necessary to start construction had been satisfied, the Plan of Operations had been signed, and the Project could enter construction.
Perpetua Resources Breaks Ground on the Stibnite Gold Project (CNW Group/Perpetua Resources Corp.)
"Today, we break ground on the Stibnite Gold Project," said Jon Cherry, Perpetua Resources President and CEO. "As America's answer to China's antimony export bans, we are focused on swiftly and safely bringing our antimony and gold project into development. After nine years of permitting, Stibnite can once again serve this country's national interest. We are proud of our work to bring this essential project online to provide critical resources while restoring an abandoned mine site. With our reclamation performance bond to reclaim the work we undertake at the Project site in place, we officially started early works construction today and are making good on our promises to Idaho and America."
Perpetua Resources received the Final ROD in January 2025 and in September 2025, received its conditional Notice to Proceed from USFS indicating that the requirements of the ROD necessary to start construction have been satisfied, and that construction may commence upon the Company posting financial assurance. On October 17, 2025, the Company posted financial assurance secured with cash on hand in order to commence early works construction at the Project and expects to replace the current arrangements with other non-cash financial assurance arrangements prior to or in connection with finalizing the full financing package for the Project.
The Stibnite Gold Project moves into development after nine years of rigorous permitting approvals, a combined award of $80 million in Department of War funds, and prioritization under the Trump Administration's Transparency Project initiative. The Project hosts America's only reserve of the critical mineral antimony, a key component in defense and industrial applications, and we believe is the nearest-term opportunity to meet defense and commercial demand.
In addition to the Project's strategic significance producing antimony, the Project is projected to be one of the highest-grade open-pit gold mines in the United States, with gold reserves of approximately 4.8 million ounces, and is expected to produce approximately 450,000 ounces of gold annually over its first four years of production. The Project is also designed to clean up legacy contamination, reconnect fish to their native spawning grounds, and restore habitat at the historical Stibnite mine site in central Idaho.
Perpetua anticipates more than 950 direct jobs during the construction period and more than 550 direct jobs during operations. In September 2025, Perpetua received a preliminary project letter and indicative term sheet from the U.S. Export Import ("EXIM") Bank's Make More in America and China Transformational Export Programs to support $2 billion in debt financing and expects final EXIM Board consideration by the spring of 2026.
FORWARD-LOOKING INFORMATION
Investors should be aware that the U.S. EXIM Letter of Interest ("LOI"), PPL and indicative term sheet are non-binding and conditional, and do not represent a financing commitment. A funding commitment, if any, is conditional upon successfully completing the due diligence and underwriting process, which may not be completed on the expected timeline, or at all. If the Company's application is approved, there can be no assurance that the U.S. EXIM financing will be for the full amount indicated in the LOI or the increased amount requested in the application, or that the approved U.S. EXIM financing will be sufficient for the Company to commence construction of the Project. Further, release of funding under any such commitment would be subject to the satisfaction of certain conditions and covenants by the Company.
Investors should be aware that the Stibnite Gold Project's designation as a Transparency Project and inclusion in the FAST-41 Program does not imply endorsement of, or support for, the Stibnite Gold Project by the federal government, or create a presumption that the Stibnite Gold Project will be approved, favorably reviewed by any agency or receive federal funding. The designation of a project as a Transparency Project and inclusion in the FAST-41 Program may be reconsidered based on updated information.
Statements contained in this news release that are not historical facts are "forward-looking information" or "forward-looking statements" (collectively, "Forward-Looking Information") within the meaning of applicable Canadian securities legislation and the United States Private Securities Litigation Reform Act of 1995. Forward-Looking Information includes, but is not limited to, expected replacement of financial assurance arrangements; expected commercial demand for antimony and the Company's ability to supply it; the occurrence of the expected benefits from the Project, including providing a domestic source of antimony, national defense benefits, creation of jobs, and environmental benefits; and the number and nature of jobs expected to be created. In certain cases, Forward-Looking Information can be identified by the use of words and phrases or variations of such words and phrases or statements such as "anticipate", "expect", "plan", "likely", "believe", "intend", "forecast", "project", "estimate", "potential", "could", "may", "will", "would" or "should". In preparing the Forward-Looking Information in this news release, Perpetua Resources has applied several material assumptions, including, but not limited to, that the Company's proposed financing package will be sufficient to finance permitting, pre-construction and construction of the Stibnite Gold Project or that the Company will be able to secure alternate financing if necessary; that the Company will be able to replace the financial assurance bond on acceptable terms and on the anticipated timeline; and that the current exploration, development, environmental and other objectives concerning the Project can be achieved and that its other corporate activities will proceed as expected. Forward-Looking Information involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Perpetua Resources to be materially different from any future results, performance or achievements expressed or implied by the Forward-Looking Information. Accordingly, readers should not place undue reliance on Forward-Looking Information. For further information on these and other risks and uncertainties that may affect the Company's business, see the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of the Company's filings with the U.S. Securities and Exchange Commission (the "SEC"), which are available at www.sec.gov and with the Canadian securities regulators, which are available at www.sedarplus.com. Except as required by law, Perpetua Resources does not assume any obligation to release publicly any revisions to Forward-Looking Information contained in this news release to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.
Cautionary Statement Regarding Reserve and Technical Information
The reserves information in respect of the Stibnite Gold Project in this news release is based upon information contained in the technical report titled "Stibnite Gold Project, Feasibility Study Technical Report, Valley County, Idaho" dated effective December 22, 2020 and issued January 27, 2021 (the "2020 Feasibility Study"), which is summarized in the Company's Technical Report Summary, dated as of December 31, 2021, and amended as of June 6, 2022 (the "TRS"). Such information is as of December 30, 2020 and is subject to the assumptions, exclusions and qualifications set forth in the 2020 Feasibility Study and the TRS. The 2020 Feasibility Study was prepared in accordance with National Instrument 43-101 – Standards of Disclosure for Mineral Projects and the TRS was prepared in accordance with the mining property disclosure rules specified in Subpart 1300 promulgated by the SEC. For additional information regarding the TRS and the 2020 Feasibility Study, as well as the Company's 2025 supplemental financial update, investors are encouraged to refer to the Company's Form 10-K for its fiscal year 2024, filed with the SEC on March 19, 2025. Data regarding domestic antimony reserves based on U.S. Geological Survey, Mineral Commodity Summaries, dated as of January 2025.
SOURCE Perpetua Resources Corp.
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
440k+
Newsrooms &
Influencers
9k+
Digital Media
Outlets
270k+
Journalists
Opted In
2025-10-21 20:551mo ago
2025-10-21 16:451mo ago
Rosen Law Firm Announces Investigation of Breaches of Fiduciary Duties by the Directors and Officers of Danaher Corporation - DHR
, /PRNewswire/ -- Rosen Law Firm, a global investor rights law firm, continues to investigate potential breaches of fiduciary duties by the directors and officers of Danaher Corporation (NYSE: DHR).
If you currently own shares of Danaher stock, please visit the firm's website at https://rosenlegal.com/submit-form/?case_id=17717 for more information. You may also contact Phillip Kim of Rosen Law Firm toll free at 866-767-3653 or via email at [email protected].
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. 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.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, 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
SOURCE THE ROSEN LAW FIRM, P. A.
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
440k+
Newsrooms &
Influencers
9k+
Digital Media
Outlets
270k+
Journalists
Opted In
2025-10-21 20:551mo ago
2025-10-21 16:451mo ago
Apple's Still Got It: Why iPhone 17 Signals A Comeback (Upgrade)
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.
2025-10-21 20:551mo ago
2025-10-21 16:461mo ago
Sachem Head says Entain's stock could double in a few years
Scott Ferguson, Managing Partner and Portfolio Manager for Sachem Head Capitol Management speaks during the SALT conference in Manhattan, New York City, U.S., September 13, 2022. REUTERS/David 'Dee' Delgado/File Photo Purchase Licensing Rights, opens new tab
CompaniesNEW YORK, Oct 21 (Reuters) - Sachem Head Capital Management expects sports betting and gambling company Entain's
(ENT.L), opens new tab shares could double in the coming years, fueled by increased demand and better returns from a joint venture with hospitality, sports and entertainment company MGM
(MGM.N), opens new tab.
"Time is on your side," Sachem Head founder Scott Ferguson said at the 13D Monitor Active Passive-Investment Summit in New York on Tuesday, adding "you are getting paid to wait for BetMGM to inflect."
Sign up here.
BetMGM is the joint venture between Entain and MGM that lets customers bet on football, baseball, soccer, basketball, hockey games and more.
Sachem Head is one of four activist investors that have placed bets on Entain. Between them, they could push Entain to explore strategic options that could include Entain buying all of BetMGM, merging with MGM or having MGM buy all of BetMGM.
The other investors include Keith Meister's Corvex Management, Ricky Sandler's Eminence Capital and Malcolm Levine's Dendur Capital, Ferguson said at the conference. Representatives for the hedge funds confirmed the investments.
At the same time, even if Entain were to do nothing, investors could benefit, Ferguson said. "Aligned investors will help the company explore all strategic options. But worst case, we are comfortable with the status quo."
The BetMGM joint venture was created in 2018 and while it lagged competitors Flutter and DraftKings for a time, the outlook is improving.
"Investors are getting BetMGM for free," Ferguson said, noting that increased legalization of sports betting would open up new markets and that BetMGM is now making better choices on its spending. While it overinvested in expensive sports marketing like costly Super Bowl ads in the past, it is now concentrating on higher returns on investment.
Entain, a UK company, is worth nearly $7 billion and its stock price, which closed at $10.88 on Monday, could zoom as high as $27 in 2028, Ferguson said, citing the "bull case scenario." In the last five years, the stock price has lost 21%.
Reporting by Svea Herbst-Bayliss; Editing by Nia Williams
Our Standards: The Thomson Reuters Trust Principles., opens new tab
2025-10-21 20:551mo ago
2025-10-21 16:491mo ago
Civeo Announces Third Quarter 2025 Earnings Conference Call
HOUSTON--(BUSINESS WIRE)--Civeo Corporation (NYSE:CVEO) announced today that it has scheduled its third quarter 2025 earnings conference call for Friday October 31st, at 7:30 a.m. Central Time (8:30 a.m. Eastern Time). During the call, Civeo will discuss financial and operating results for the third quarter 2025, which will be released before the market opens on Friday, October 31, 2025.
By Phone:
Dial 877-423-9813 inside the U.S. or 201-689-8573 internationally and ask for the Civeo call or provide the conference ID: 13756815# at least 10 minutes prior to the start time.
A replay will be available through November 10th by dialing 844-512-2921 inside the U.S. or 412-317-6671 internationally and using the conference ID 13756815#.
By Webcast:
Connect to the webcast via the Events and Presentations page of Civeo's Investor Relations website at www.civeo.com.
Please log in at least 10 minutes in advance to register and download any necessary software.
A webcast replay will be available after the call.
About Civeo:
Civeo Corporation is a leading provider of hospitality services with prominent market positions in the Canadian oil sands and the Australian natural resource regions. Civeo offers comprehensive solutions for lodging hundreds or thousands of workers with its long-term and temporary accommodations and provides food services, housekeeping, facility management, laundry, water and wastewater treatment, power generation, communications systems, security and logistics services. Civeo currently owns and operates a total of 28 lodges and villages in North America and Australia with an aggregate of approximately 27,500 rooms. In addition, Civeo operates and provides hospitality services at 24 customer-owned locations with approximately 19,500 rooms. Civeo is publicly traded under the symbol CVEO on the New York Stock Exchange. For more information, please visit Civeo's website at www.civeo.com.
Resistance Tests Loom
The falling 10-day moving average at $59.00 stands as the first dynamic resistance. Its recent history calls for confirmation from other indicators. Today’s high tested a prior support level as resistance, which held firm, alongside the lower boundary of a former falling bull wedge—both hinting buyers haven’t fully seized control. A retest of $56.41 remains possible absent a breakout above today’s high.
Falling Wedge Breakout Potential
Since the sharp October 10 decline, crude has traced a small falling wedge pattern, characteristic of declining consolidation. A confirmed bullish reversal could drive a rapid advance, targeting the wedge’s top at $60.28, followed by the prior $60.64 low (also a 78.6% Fibonacci retracement). The falling 20-day average at $61.03, nearing this level, adds significance; it rejected an early October swing high and may do so again.
Support Zone Context
The $56.41 low, anchoring the $55.23-$56.47 support zone, held steady, with the hammer suggesting the post-October 10 decline’s sharper angle may be easing. This zone’s historical weight strengthens its role as a potential floor, but upside follow-through is critical to confirm buyer conviction.
Outlook and Triggers
A close above $57.90 validates the hammer, targeting $60.28 and potentially $61.03. Without it, $56.41 faces retesting. A decisive move past $58.51 could aim for $65.65, but $59.00 will challenge bulls. Today’s close holds the key—strength signals a shift, while weakness keeps the wedge in play.
For a look at all of today’s economic events, check out our economic calendar.
2025-10-21 19:541mo ago
2025-10-21 15:261mo ago
Take Back Tesla campaign urges shareholders to reject Musk $1 trillion pay plan
A day ahead of Tesla's quarterly earnings report, a coalition of unions and corporate watchdogs wants investors to focus their attention on matters of governance.
On Tuesday, a group that includes the American Federation of Teachers and Public Citizen launched a website for Take Back Tesla, a campaign urging shareholders to vote against a new pay package for CEO Elon Musk that would net him nearly $1 trillion worth of stock and expand his control over the company.
Tesla's board floated the pay proposal in September, saying the largest ever CEO pay plan was appropriate and necessary to lock Musk in for a decade. The plan is up for a shareholder vote at the company's annual meeting next month.
On the Take Back Tesla website, the group calls the outsized package "outrageous," in part because Musk's "political activities have damaged Tesla's brand and distracted him from leadership at Tesla." The site says the plan doesn't require Musk to focus more on the automaker than his political interests or other business endeavors.
The site also encourages the general population to petition state treasurers and other financial officers, who oversee funds on behalf of workers and retirees, to reject the plan. The coalition plans to share materials online that teach investors how to vote their shares or influence fund managers who vote on their behalf.
"Public pension funds are significant shareholders in Tesla, and the asset managers who invest those funds have even larger holdings," the site says. "That's our money and we should tell the people who invest it for us that we want them to vote to hold Musk and Tesla Board members accountable."
Additional groups in the coalition include Americans for Financial Reform, the Communication Workers of America, corporate watchdog group Ekō, People's Action and Stop the Money Pipeline.
Tesla didn't immediately respond to a request for comment.
Top proxy firms ISS and Glass Lewis have recommended against authorizing the $1 trillion pay plan, which was disclosed amid a tense battle over Musk's previous 2018 pay package, which amounted to about $56 billion in stock when it vested.
Following those firms' suggestions, Tesla wrote in a post that, "ISS and Glass Lewis have recommended against Tesla's proposals time and time again since the 2018 CEO Performance Award was introduced." The company added that shareholders who sold would "have missed out on our market capitalization soaring by 20x from March 2018 to August 2025."
watch now
The Delaware Court of Chancery ruled early last year that the 2018 plan was improperly granted by Tesla, with the judge finding that the company hid crucial details from shareholders and that Musk had controlled board members rather than negotiating with them for a fair deal.
Musk appealed the matter to the Delaware State Supreme Court and is seeking to get the 2018 CEO pay package reinstated.
Around the time that plan was rescinded, in January 2024, Musk wrote on his social network X, "I am uncomfortable growing Tesla to be a leader in AI & robotics without having ~25% voting control." The new plan would add 12% to his stake over the next decade.
Musk had already started artificial intelligence startup xAI in March 2023, taking some ex-Tesla employees with him, and was developing Grok, a would-be challenger to OpenAI's ChatGPT.
By May 2025, Musk said he was committed to running Tesla for at least five more years.
New York City Comptroller Brad Lander, who oversees a $300 billion pension fund, said he "vociferously opposes this pay package" and says other public fiduciaries should do the same.
"Most of the time we've held Tesla stock, it has been a solid investment, it's grown over time, and that's why we haven't chosen to dump it," Lander, who also serves as finance and accountability chief for the city, said in an interview. Lander said that he's preferred to "hold on to it and participate in shareholder engagement to address the concerns we have."
Lander manages funds that own about $1.1 billion worth of Tesla, based on holdings reported in August.
He said he views Tesla's board he as "insufficiently independent," and that it's allowed Musk to be an "absentee CEO." The company has also failed to hit its marks when it comes to robotaxis and self-driving technology, Lander said.
The stock has rallied of late after a brutal start to the year, but it's still underperforming its tech peers and the S&P 500 and Nasdaq in 2025.
Musk has "been an inconsistent CEO at best," Lander said, "and the pay package is like a ransom attempt after volatile stock performance and destroying consumer confidence."
Tesla is scheduled to report third-quarter results after the close of regular trading on Wednesday. Analysts are expecting revenue growth of 4.2% from a year earlier to $26.24 billion, according to LSEG, following two straight year-over-year declines.
watch now
2025-10-21 19:541mo ago
2025-10-21 15:271mo ago
Healthy Returns: A key step forward for Novo Nordisk's GLP-1 pill
A version of this article first appeared in CNBC's Healthy Returns newsletter, which brings the latest health-care news straight to your inbox. Subscribe here to receive future editions.
A closely watched pill from Novo Nordisk just scored an approval for another use: slashing cardiovascular risks.
The step further confirms that highly popular GLP-1s, both oral and injectable versions, have other health benefits beyond regulating blood sugar and promoting weight loss.
The Food and Drug Administration on Friday cleared oral semaglutide for lowering the risk of major cardiovascular complications, such as heart attack, stroke or cardiovascular death in people with type 2 diabetes and who are at high risk of experiencing those events. In the late-stage SOUL trial, a 14-milligram dose of the pill reduced the risk of those complications by 14% at four years compared to a placebo.
Oral semaglutide, sold under the name Rybelsus for diabetes, has been on the market since 2019 and remains the only approved GLP-1 pill. Semaglutide is also the active ingredient in Novo Nordisk's blockbuster obesity injection Ozempic and obesity treatment Wegovy, the latter of which is also approved for heart health in people with obesity and established cardiovascular disease.
"Having an oral GLP-1 therapy to help improve glycemic control was an innovation in and of itself," said Dr. John Buse, director of the University of North Carolina School of Medicine Diabetes Care Center and steering committee co-chair of the SOUL trial, in a statement. "This new indication, based on the SOUL data, marks even further advancement and showcases the versatility of semaglutide while expanding options for millions of people."
But all eyes are on another FDA decision that is slated to come by year-end: whether to approve oral semaglutide for obesity. Patients using blockbuster weight loss drugs are eager for a more convenient option that could ease the supply shortfalls and access hurdles created by the pricey weekly injections currently dominating it.
Oral semaglutide is slated to be the first-ever GLP-1 pill approved for the treatment of obesity, but a competitor from Eli Lilly called orforglipron is not too far behind it. In August, Eli Lilly CEO Dave Ricks said the company hopes to launch its pill globally "this time next year."
Wall Street is watching to see which pill could win more market share, as they both have their own advantages. For example, in obesity trials, the efficacy of Eli Lilly's pill appeared to come in slightly below that of Novo Nordisk's oral semaglutide.
But while Novo Nordisk's pill is a peptide medication, orforglipron is a small-molecule drug.
That means Eli Lilly's pill is absorbed more easily in the body and doesn't require dietary restrictions like Novo Nordisk's does. Some analysts have also said that orforglipron will be easier to manufacture at scale, which is crucial as demand for obesity and diabetes injections outpaces supply.
Both Novo Nordisk and Eli Lilly are studying their pills in other areas. Novo Nordisk is examining oral semaglutide in patients with Alzheimer's disease. Meanwhile, Eli Lilly is studying orforglipron in separate trials in patients with obstructive sleep apnea and hypertension.
We'll be watching both pills closely, so stay tuned for our coverage.
Feel free to send any tips, suggestions, story ideas and data to Annika at a new email: [email protected].
Latest in health care: Mark Cuban gives Trump credit on drug prices, trashes PBMs and gets called out by oneMark Cuban says his startup Cost Plus Drugs will be one of the offerings on TrumpRx when the Trump administration's new drug platform launches next year.
While the billionaire entrepreneur said he is still not a fan of the president, he gives him credit for trying to cut drug prices, and hopes the administration will go even further. Along with direct-to-consumer sales, Cuban hopes the government will require insurers to apply cash purchases for drugs toward patients' deductibles.
I got a chance to sit down with Cuban at the HLTH conference in Las Vegas on Sunday for a wide-ranging conversation on drug prices. He co-founded Cost Plus three years ago as a shot across the bow at pharmacy benefit managers, or PBMs, and he's still railing against the middlemen. He contends they're "ripping you off" and driving drug costs higher.
Well, on Monday one of the big PBMs called out Cuban on his claims. CVS sent me a fact sheet comparing its TrueCost rebate pass-through PBM model for employers with Cost Plus prices. Among the examples, the generic cholesterol drug Atorvastatin costs about $6 on the CVS plan, and $10 on Cost Plus.
During a session on stage, CVS Health Chief Technology Officer Tilak Mandadi told me that Cuban's claims about PBMs are "bulls--t," pointing to savings on generic drugs that the company offers employers through TrueCost.
He and Chief Medical Officer Dr. Amy Compton-Phillips argued that PBM rebates are not driving increased drug costs, but rather it's the drugmakers who set high prices on specialty and brand name drugs. What's more, they told me, many of those same pharmaceutical companies use CVS' PBM rebate services to try to rein in costs for their own employees.
What were the odds that things would get spicy in Vegas? You can bet that debate will continue beyond Sin City.
Here's an edited version of my conversation with Mark Cuban.
Speaking of drug prices, could Novo Nordisk strike the next drug pricing deal?Novo Nordisk U.S. President Dave Moore confirmed his company is "right now in active dialogue" with the Trump administration over so-called most favored nation pricing for its popular GLP-1 drugs Ozempic and Wegovy.
Last week, President Donald Trump said he'd like to get the cash price of Ozempic down to $150, while Centers for Medicare & Medicaid Administrator Dr. Mehmet Oz noted that nothing had been settled yet.
During a sitdown at HLTH, Moore would not provide any specifics on the pricing discussions with the administration on most-favored nation pricing or the Inflation Reduction Act Medicare price negotiations, which are just wrapping up this month. But he said the company wants to work with the administration to provide more access for patients.
"I think there's some like mindedness from the president and the administration that we also want to make sure that our medicines are available," Moore said, adding that he could see the company's Novocare direct-to-consumer site being part of TrumpRx.
"If we can partner with that … I think it's a really positive step forward," he said.
Novocare Pharmacy, the direct sales platform that launched earlier this year, currently accounts for about 11% of the company's Wegovy sales. Rival Eli Lilly's direct-to-consumer site LillyDirect accounts for 35% of new sales of weight loss drug Zepbound. Having both on TrumpRx could raise the profile of the companies' cash sales programs even more.
Those discussions are happening just as Novo Nordisk is ramping up its manufacturing facilities in North Carolina in anticipation of its Wegovy pill being approved by the FDA. Moore said the company is making sure it will be able to meet demand when the time comes.
Watch my conversation with Moore here.
Feel free to send any tips, suggestions, story ideas and data to Bertha at [email protected].
2025-10-21 19:541mo ago
2025-10-21 15:271mo ago
JetBlue: Expect Valuation Correction If JetForward Transformation Continues To Gain Traction
Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in JBLU over 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.
2025-10-21 19:541mo ago
2025-10-21 15:271mo ago
Netflix and Comcast May Bid on Parts of Warner Bros. Discovery
Netflix Inc and Comcast Corp., are among the companies interested in Warner Bros.' movie and TV studios, according to people familiar with their thinking who asked not to be identified discussing private information.
2025-10-21 19:541mo ago
2025-10-21 15:271mo ago
CleanSpark shares retreat after bitcoin miner announces pivot to AI computing: CNBC Crypto World
On today's episode of CNBC Crypto World, bitcoin crosses back above $113,000 Tuesday morning as crypto continued its recovery from the October sell-off. Plus, CleanSpark shares retreat from Monday's rally after the company announced an expansion into AI computing services.
2025-10-21 19:541mo ago
2025-10-21 15:281mo ago
Boeing receives US Army orders for nine Chinook helicopters worth $461 million
A Boeing logo is seen before the opening of the 55th International Paris Airshow at Le Bourget Airport near Paris, France, June 13, 2025. REUTERS/Benoit Tessier Purchase Licensing Rights, opens new tab
Oct 21 (Reuters) - Boeing
(BA.N), opens new tab said on Tuesday it had received orders for nine CH-47F Block II Chinook helicopters from the U.S. Army via two contract awards worth $461 million.
The order increases the number of CH-47F Block II aircraft under contract to 18, Boeing said.
Sign up here.
Reporting by Anshuman Tripathy in Bengaluru; Editing by Anil D'Silva
Our Standards: The Thomson Reuters Trust Principles., opens new tab
2025-10-21 19:541mo ago
2025-10-21 15:291mo ago
Piper Sandler: Biotech Isn't Rebounding, But There Is A Regional Bank Consolidation Angle
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.
2025-10-21 19:541mo ago
2025-10-21 15:301mo ago
Slide Insurance Holdings Investigation: Johnson Fistel has Commenced an Investigation on Behalf of Slide Insurance Shareholders
, /PRNewswire/ -- Shareholder rights law firm Johnson Fistel, PLLP is investigating whether Slide Insurance Holdings, Inc. (NASDAQ: SLDE) or any of its executive officers violated securities laws by misrepresenting or failing to disclose material information to investors.
What is this all about?
Shares of Slide Insurance have fallen over 25% since the Company's June IPO. On September 30, a Manatee Research report alleged that Slide's underwriting margins are driven by claim denials and delays, rather than the "proprietary technology" previously touted by the Company. The report also claims that Florida regulators ordered the removal of three senior executives due to prior roles at a failed insurer, though all three remain in place.
What if I purchased Slide securities?
If you purchased securities and suffered significant losses on your investment, join our investigation now:
Click Here to Join the Investigation
Or for more information, contact Jim Baker at [email protected] or (619) 814-4471.
There is no cost or obligation to you.
About Johnson Fistel, PLLP:
Johnson Fistel, PLLP is a nationally recognized shareholder rights law firm with offices in California, New York, Georgia, Idaho, and Colorado. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonfistel.com.
Achievements:
In 2024, Johnson Fistel was honored to be ranked in the Top 10 Plaintiff Law Firms by the ISS Securities Class Action Services. This recognition underscores our effectiveness in advocating for investors, having recovered approximately $90,725,000 for aggrieved clients in cases where we served as lead or co-lead counsel. This notable accomplishment marks the eighth occasion our firm has been recognized as a top plaintiffs' securities law firm in the United States, as determined by the total dollar value of final recoveries.
Attorney advertising.
Past results do not guarantee future outcomes.
Services may be performed by attorneys in any of our offices.
Johnson Fistel, PLLP has paid for the dissemination of this promotional communication, and Frank J. Johnson is the attorney responsible for its content.
Contact:
Johnson Fistel, PLLP
501 W. Broadway, Suite 800, San Diego, CA 92101
James Baker, Investor Relations or Frank J. Johnson, Esq., (619) 814-4471
[email protected] or [email protected]
SOURCE Johnson Fistel, PLLP.
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
440k+
Newsrooms &
Influencers
9k+
Digital Media
Outlets
270k+
Journalists
Opted In
2025-10-21 19:541mo ago
2025-10-21 15:301mo ago
California's Chance: Allow Global Brands and the Plastic Industry Invest in Proof, Not Punishment (NASDAQ: SMX)
NEW YORK, NY / ACCESS Newswire / October 21, 2025 / California is progressive, which in many cases can be a good thing. However, by flexing that posture, they also seldom miss a chance to make a statement or initiate a lawsuit.
2025-10-21 19:541mo ago
2025-10-21 15:351mo ago
Dream Residential REIT Announces Court Approval of Acquisition by Morgan Properties
This press release contains forward-looking information that is based upon assumptions and is subject to risks and uncertainties as indicated in the cautionary note contained within this press release.
TORONTO--(BUSINESS WIRE)--DREAM RESIDENTIAL REAL ESTATE INVESTMENT TRUST (TSX: DRR.U, TSX: DRR.UN) (“Dream Residential REIT” or the “REIT”) announced today that the Ontario Superior Court of Justice (Commercial List) has issued a final order approving the proposed acquisition of the REIT by an affiliate of Morgan Properties, LP (“Morgan Properties”) pursuant to a plan of arrangement under the Business Corporations Act (Ontario) (the “Transaction”). On closing of the Transaction, unitholders of the REIT and Class B unitholders of DRR Holdings LLC (collectively, the “Unitholders”) will receive cash consideration of US$10.80 per unit of the REIT (“Trust Unit”) and per Class B unit of DRR Holdings LLC (“Class B Unit” and together with the Trust Units, the “Units”), as described in more detail in the REIT’s management information circular dated September 17, 2025.
The Transaction is expected to close in late 2025 following satisfaction of all conditions to closing, provided that the Transaction will not close earlier than the date on which Morgan Properties obtains certain agency financing or December 19, 2025, whichever date is first. The Transaction is not subject to a financing condition.
Registered Unitholders who have questions or require assistance submitting their Units in connection with the Transaction may direct their questions to Computershare Investor Services Inc., who is acting as depositary in connection with the Transaction, by telephone at 1-800-564-6253 (toll-free in North America) or (514) 982-7555 (outside North America), or by facsimile at (416) 263-9394 or 1-888-453-0330, or by email at [email protected].
About Dream Residential REIT
Dream Residential REIT is an unincorporated, open-ended real estate investment trust established and governed by the laws of the Province of Ontario. The REIT owns a portfolio of garden-style multi-residential properties, primarily located in three markets across the Sunbelt and Midwest regions of the United States. For more information, please visit www.dreamresidentialreit.ca.
About Morgan Properties
Established in 1985 by Mitchell Morgan, Morgan Properties is a national real estate investment and management company headquartered in Conshohocken, Pennsylvania, with a corporate office in Rochester, New York. Jonathan and Jason Morgan represent the next-generation leaders growing the platform and overseeing the business operations. Morgan Properties and its affiliates pursue a diversified investment strategy focusing on multifamily common equity, commercial mortgage-backed B-Piece securities, preferred equity, and whole loans. Morgan Properties and its affiliates own and manage a multifamily portfolio comprising over 100,000 units across more than 360 communities in 22 states. Morgan Properties is one of the nation’s largest private multifamily owners. Additionally, Morgan Properties has made investments in commercial mortgage-backed B-Piece securities backed by over US$40 billion in multifamily loans. With over 2,500 employees, Morgan Properties prides itself on its quick decision-making capabilities, strong capital relationships, and proven operational expertise. For more information, please visit www.morgan-properties.com.
Forward-looking information
This press release contains forward-looking information within the meaning of applicable securities legislation. Such forward-looking information includes, but is not limited to, information and statements concerning the Transaction and the terms thereof and the anticipated closing of the Transaction including the timing thereof. There can be no assurance that the proposed Transaction will be completed or that it will be completed on the terms and conditions contemplated in this press release. The proposed Transaction could be modified, restructured or terminated in accordance with its terms. Forward-looking information generally can be identified by the use of forward-looking terminology such as “will”, “expect”, “believe”, “plan” or “continue”, or similar expressions suggesting future outcomes or events. Forward-looking statements are based on information available at the time they are made, underlying estimates and assumptions made by management and management’s good faith belief with respect to future events, performance and results. Such assumptions include, without limitation, expectations and assumptions concerning the market price of the Trust Units, and the anticipated benefits of the Transaction to Unitholders. Although Dream Residential REIT believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward-looking statements and information because Dream Residential REIT cannot give assurance that they will prove to be correct. By its nature, such forward-looking information is subject to a number of assumptions, risks and uncertainties, many of which are beyond Dream Residential REIT’s control and could cause actual results to differ materially from those that are disclosed in or implied by such forward-looking information. These assumptions include, but are not limited to, the Transaction will be completed on the terms currently contemplated; the Transaction will be completed in accordance with the timing currently expected; and all conditions to the completion to the Transaction will be satisfied or waived and the arrangement agreement relating to the Transaction will not be terminated prior to the completion of the Transaction. These risks and uncertainties include, but are not limited to, risks inherent in the real estate industry; financing risks; inflation, interest and currency rate fluctuations; global and local economic and business conditions; risks associated with unexpected or ongoing geopolitical events; imposition of duties, tariffs and other trade restrictions; changes in law; tax risks; competition; environmental and climate change risks; insurance risks; cybersecurity; and public health crises and epidemics. All forward-looking information in this press release speaks as of the date of this press release. Dream Residential REIT does not undertake to update any such forward-looking information whether as a result of new information, future events or otherwise, except as required by law. Additional information about these assumptions, risks and uncertainties is contained in Dream Residential REIT’s filings with securities regulators, including its latest Annual Information Form and Management’s Discussion and Analysis. These filings are also available on the REIT’s website at www.dreamresidentialreit.ca.
More News From Dream Residential REIT
Back to Newsroom
2025-10-21 19:541mo ago
2025-10-21 15:351mo ago
Lantheus Holdings, Inc. (LNTH) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
, /PRNewswire/ -- The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Lantheus Holdings, Inc. ("Lantheus" or the "Company") (NASDAQ: LNTH).
IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN LANTHEUS HOLDINGS, INC. (LNTH), CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE NOVEMBER 10, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.
Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at [email protected], by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.
What Is The Lawsuit About?
The complaint filed alleges that, between February 26, 2025 and August 5, 2025, Defendants failed to disclose to investors that: (1) Lantheus did not have an accurate understanding of the pricing and competitive dynamics of Pylarify's market; and (2) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
Contact Us To Participate or Learn More:
If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact:
Howard G. Smith, Esq.,
Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020,
Call us at: (215) 638-4847
Email us at: [email protected],
Visit our website at: www.howardsmithlaw.com.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contact Us:
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
[email protected]
www.howardsmithlaw.com
SOURCE Law Offices of Howard G. Smith
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
440k+
Newsrooms &
Influencers
9k+
Digital Media
Outlets
270k+
Journalists
Opted In
2025-10-21 19:541mo ago
2025-10-21 15:351mo ago
JANA PARTNERS, TRAVIS KELCE, AND LEADING EXECUTIVES INVEST IN SIX FLAGS ENTERTAINMENT
Becomes One of the Largest Six Flags Shareholders Believes Six Flags Offers Opportunity for Significant Shareholder Value Creation NEW YORK , Oct. 21, 2025 /PRNewswire/ -- JANA Partners ("JANA") today announced that it has partnered with Super Bowl Champion Travis Kelce as well as consumer executive Glenn Murphy and technology executive Dave Habiger, (the "Group") in an investment in Six Flags Entertainment Corporation (NYSE: FUN) ("Six Flags" or the "Company"). The Group collectively owns an economic interest of approximately 9%.
2025-10-21 19:541mo ago
2025-10-21 15:361mo ago
Semler Scientific Inc. (SMLR) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
, /PRNewswire/ -- The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Semler Scientific Inc. ("Semler" or the "Company") (NASDAQ: SMLR).
IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN SEMLER SCIENTIFIC INC. (SMLR), CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE OCTOBER 28, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.
Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at [email protected], by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.
What Is The Lawsuit About?
The complaint filed alleges that, between March 10, 2021 and April 15, 2025, Defendants failed to disclose to investors that: (1) Semler did not disclose a material investigation by the United States Department of Justice into violations of the False Claims Act, while discussing possible violations of the False Claims Act (and aggressive DOJ enforcement thereof) in hypothetical terms; and (2) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
Contact Us To Participate or Learn More:
If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact:
Howard G. Smith, Esq.,
Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020,
Call us at: (215) 638-4847
Email us at: [email protected],
Visit our website at: www.howardsmithlaw.com.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contact Us:
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
[email protected]
www.howardsmithlaw.com
SOURCE Law Offices of Howard G. Smith
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
440k+
Newsrooms &
Influencers
9k+
Digital Media
Outlets
270k+
Journalists
Opted In
2025-10-21 19:541mo ago
2025-10-21 15:361mo ago
More to the U.S. economy than just the AI trade, says Alliance Bernstein's Jim Tierney
Jim Tierney, Alliance Bernstein CIO of U.S. concentrated growth, joins 'Power Lunch' to discuss how important earnings will be for equity markets, Tierney's thoughts on the American consumer and much more.
2025-10-21 19:541mo ago
2025-10-21 15:381mo ago
Jasper Therapeutics, Inc. (JSPR) Shareholders Who Lost Money Have Opportunity to Lead Securities Fraud Lawsuit
, /PRNewswire/ -- Glancy Prongay & Murray LLP announces that investors with losses have opportunity to lead the securities fraud class action lawsuit against Jasper Therapeutics, Inc. ("Jasper" or the "Company") (NASDAQ: JSPR).
IF YOU SUFFERED A LOSS ON YOUR JASPER INVESTMENTS, CLICK HERE BEFORE NOVEMBER 18, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT
What Is The Lawsuit About?
The complaint filed alleges that, between November 30, 2023 and July 3, 2025, Defendants failed to disclose to investors that: (1) Jasper lacked the controls and procedures necessary to ensure that the third-party manufacturers on which it relied were manufacturing products in full accordance with cGMP regulations and otherwise suitable for use in clinical trials; (2) the foregoing failure increased the risk that results of ongoing studies would be confounded, thereby negatively impacting the regulatory and commercial prospects of the Company's products, including briquilimab; (3) the foregoing increased the likelihood of disruptive cost-reduction measures; (4) accordingly, the Company's business and/or financial prospects, as well as briquilimab's clinical and/or commercial prospects, were overstated; and (5) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.
Charles Linehan, Esq.,
Glancy Prongay & Murray LLP,
1925 Century Park East, Suite 2100,
Los Angeles California 90067
Email: [email protected]
Telephone: 310-201-9150 (Toll-Free: 888-773-9224)
Visit our website at www.glancylaw.com.
Follow us for updates on LinkedIn, Twitter, or Facebook.
If you inquire by email, please include your mailing address, telephone number and number of shares purchased.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contact Us:
Glancy Prongay & Murray LLP,
1925 Century Park East, Suite 2100,
Los Angeles, CA 90067
Charles Linehan
Email: [email protected]
Telephone: 310-201-9150
Toll-Free: 888-773-9224
Visit our website at: www.glancylaw.com.
SOURCE Glancy Prongay & Murray LLP
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
440k+
Newsrooms &
Influencers
9k+
Digital Media
Outlets
270k+
Journalists
Opted In
2025-10-21 19:541mo ago
2025-10-21 15:381mo ago
General Motors shares surge 8% as tariff outlook improves
General Motors lifted its financial outlook for the year and slightly lowered its expected hit from tariffs, as the automaker awaits expected relief on tariffs in the U.S. while confronting a weakening market for electric vehicles.
The company now expects its annual adjusted core profit to be between $12.0 billion to $13.0 billion, compared with its prior estimate of $10.0 billion to $12.5 billion. The Detroit automaker said tariffs would hit its bottom line less than anticipated, lowering its updated impact to a range of $3.5 billion to $4.5 billion, from a previous $4 billion to $5 billion.
Shares rose about 8% in premarket trading. GM’s outlook hike lifted crosstown peer Ford and U.S.-listed shares of Stellantis nearly 2% each in premarket trade.
EARNINGS TOP WALL ST EXPECTATIONSGM’s quarterly adjusted earnings per share dropped to $2.80, beating LSEG analysts’ expectation of $2.31.
Subscribe to the Daily newsletter.Fast Company's trending stories delivered to you every day
The auto giant earlier this month took a $1.6 billion charge from changes to its EV strategy. At the end of September, a $7,500 tax credit on battery-powered models went away, and there has been further loosening of regulations around vehicle emissions.
In a letter to shareholders, GM CEO Mary Barra said she expects the company to incur future charges related to EVs.
“By acting swiftly and decisively to address overcapacity, we expect to reduce EV losses in 2026 and beyond,” she said.
Revenue for the quarter ended September marginally fell to $48.6 billion from a year earlier.
U.S. car sales have stayed strong despite uncertainty around the tariffs, rising 6% in the third quarter. While automakers have largely avoided raising sticker prices to offset their tariff costs, American car shoppers have continued to opt for pricier models and added features.
TARIFF RELIEF FOR U.S. AUTO INDUSTRYGM said it plans to mitigate 35% of its anticipated tariff hit. There is relief on the horizon for many U.S. automakers, after U.S. President Donald Trump approved an order to expand credits for U.S. auto and engine production, allowing companies to receive a credit equal to 3.75% of the suggested retail price for U.S. assembled vehicles through 2030 to offset import tariffs on parts.
“I also want to thank the President and his team for the important tariff updates they made on Friday. The MSRP offset program will help make U.S.-produced vehicles more competitive over the next five years,” Barra said in a letter to shareholders.
Global companies have flagged more than $35 billion in costs from U.S. tariffs heading into third-quarter earnings.
Investors are still waiting on trade deals to be ironed out with Mexico and Canada, analysts noted, as well as with South Korea, a major exporter of cars for GM.
Automakers have been ramping up U.S. investments to offset Trump’s levies. GM announced in June that it would invest $4 billion at three U.S. facilities in Michigan, Kansas, and Tennessee. The automaker imports about half of the vehicles it sells in the U.S., mainly from Mexico and South Korea.
Stellantis earlier this month said it plans to invest $13 billion in the U.S. over the next four years.
GM SCALES BACK EV AMBITIONSBarra in 2021 announced the company’s ambition to produce only EVs by 2035, a goal she has since stopped referencing publicly, instead saying customer demand will guide the automaker’s lineup.
Sales of EVs were strong for GM and across the industry in the third quarter, as shoppers raced to take advantage of the tax credit, but they still comprised less than 10% of the company’s overall sales.
To spur consumer demand, GM planned to offer a program that would have allowed its dealers to continue offering the tax credit on EV leases. It has since backtracked on the initiative following backlash from lawmakers, including Republican Senator Bernie Moreno of Ohio, a former car dealer.
Ford also scrapped its program with the same aim. Other automakers, including Hyundai and Stellantis, are offering incentives to slash the prices consumers pay for their EVs.
—Nora Eckert and Nathan Gomes, Reuters
The extended deadline for Fast Company’s Most Innovative Companies Awards is tonight, October 14, at 11:59 p.m. PT. Apply today.
2025-10-21 19:541mo ago
2025-10-21 15:401mo ago
Coca-Cola earnings tops estimates, CFO talks pricing, the consumer, and global demand
About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance
2025-10-21 19:541mo ago
2025-10-21 15:401mo ago
Coinbase acquires investment platform Echo in $375 million deal
Crypto heavyweight Coinbase said on Tuesday it has bought investment platform Echo in a nearly $375 million cash-and-stock deal, aiming to bring fundraising tools to its platform.
Dealmaking within the digital assets industry has picked up pace this year as a crypto-friendly Trump administration encourages companies to expand their business in the U.S.
Last week, cryptocurrency exchange Kraken unveiled a $100 million deal for futures exchange Small Exchange, paving the way to launch a fully U.S.-based derivatives suite.
Echo’s platform makes raising capital and investing more accessible to the crypto community through private and public token sales.
Subscribe to the Daily newsletter.Fast Company's trending stories delivered to you every day
“We want to create more accessible, efficient, and transparent capital markets,” Coinbase said in a blog post.
While Coinbase will start with crypto token sales via Echo’s Sonar platform, the company later plans on expanding support to tokenized securities and real-world assets.
Echo was founded by crypto trader Jordan Fish, widely known by his “Cobie” pseudonym. The platform has helped crypto projects raise more than $200 million since its launch two years ago.
In May, Coinbase had struck a $2.9 billion deal for crypto options provider Deribit, plugging a gap in its derivatives portfolio and strengthening its international presence.
—Arasu Kannagi Basil, Reuters
The extended deadline for Fast Company’s Most Innovative Companies Awards is tonight, October 14, at 11:59 p.m. PT. Apply today.
, /PRNewswire/ -- Glancy Prongay & Murray LLP announces that investors with losses have opportunity to lead the securities fraud class action lawsuit against C3.ai, Inc. ("C3.ai" or the "Company") (NYSE: AI).
IF YOU SUFFERED A LOSS ON YOUR C3.AI INVESTMENTS, CLICK HERE BEFORE OCTOBER 21, 2025 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE SECURITIES FRAUD LAWSUIT
What Is The Lawsuit About?
The complaint filed alleges that, between February 26, 2025 and August 8, 2025, Defendants failed to disclose to investors that: (1) C3.ai's optimistic reports of growth, earnings potential, and anticipated margins fell short of reality as they relied far too heavily on the health and effectiveness of the Company's CEO; (2) Despite repeated assurances, the Company's CEO had not sufficiently recovered from his ailments to act in the same capacity for C3.ai as he had previously; and (3) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.
Charles Linehan, Esq.,
Glancy Prongay & Murray LLP,
1925 Century Park East, Suite 2100,
Los Angeles California 90067
Email: [email protected]
Telephone: 310-201-9150 (Toll-Free: 888-773-9224)
Visit our website at www.glancylaw.com.
Follow us for updates on LinkedIn, Twitter, or Facebook.
If you inquire by email, please include your mailing address, telephone number and number of shares purchased.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contact Us:
Glancy Prongay & Murray LLP,
1925 Century Park East, Suite 2100,
Los Angeles, CA 90067
Charles Linehan
Email: [email protected]
Telephone: 310-201-9150
Toll-Free: 888-773-9224
Visit our website at: www.glancylaw.com.
SOURCE Glancy Prongay & Murray LLP
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
440k+
Newsrooms &
Influencers
9k+
Digital Media
Outlets
270k+
Journalists
Opted In
2025-10-21 19:541mo ago
2025-10-21 15:431mo ago
Amazon Will Pay $2.5 Billion for Misleading Customers Into Amazon Prime Subscriptions
Our expert, award-winning staff selects the products we cover and rigorously researches and tests our top picks. If you buy through our links, we may get a commission. Reviews ethics statement
Amazon settles its FTC lawsuit, and agrees to pay billions for "tricking" customers into Prime subscriptions.
Macy Meyer Writer II
Macy is a writer on the AI Team. She covers how AI is changing daily life and how to make the most of it. This includes writing about consumer AI products and their real-world impact, from breakthrough tools reshaping daily life to the intimate ways people interact with AI technology day-to-day. Macy is a North Carolina native who graduated from UNC-Chapel Hill with a BA in English and a second BA in Journalism. You can reach her at [email protected].
Expertise Macy covers consumer AI products and their real-world impact Credentials
Macy has been working for CNET for coming on 2 years. Prior to CNET, Macy received a North Carolina College Media Association award in sports writing. 3 min read
In September, Amazon settled its case with the Federal Trade Commission over whether it had misled customers who signed up for Amazon Prime. The $2.5 billion settlement is one of the largest consumer protection settlements in US history, and while Amazon did not admit to wrongdoing, it's still changing things.
The FTC said $1.5 billion will go into a fund to repay eligible subscribers, with the remaining $1 billion collected as a civil penalty. The settlement requires Amazon to add a "clear and conspicuous" option to decline Prime during checkout and to simplify the cancellation process.
"Amazon and our executives have always followed the law, and this settlement allows us to move forward and focus on innovating for customers," Mark Blafkin, Amazon senior manager, said in a statement. "We work incredibly hard to make it clear and simple for customers to both sign up or cancel their Prime membership, and to offer substantial value for our many millions of loyal Prime members around the world."
Don't miss any of our unbiased tech content and lab-based reviews. Add CNET as a preferred Google source.
Why was the FTC suing Amazon?The FTC filed suit against Amazon in 2023, accusing it of using "dark patterns" to nudge people into Prime subscriptions and then making it too hard to cancel. The FTC maintained Amazon was in violation of Section 5 of the FTC Act and the Restore Online Shoppers' Confidence Act.
"Specifically, Amazon used manipulative, coercive or deceptive user-interface designs known as 'dark patterns' to trick consumers into enrolling in automatically renewing Prime subscriptions," the FTC complaint states.
Who is eligible for Amazon's big payout?Amazon's legal settlement is limited to customers who enrolled in Amazon Prime between June 23, 2019, and June 23, 2025. It's also restricted to customers who subscribed to Prime using a "challenged enrollment flow" or who enrolled in Prime through any method but were unsuccessful in canceling their memberships.
The FTC called out specific enrollment pages, including Prime Video enrollment, the Universal Prime Decision page, the Shipping Option Select page and the Single Page Checkout. To qualify for a payout, claimants must also not have used more than 10 Amazon Prime benefits in any 12-month period.
Customers who signed up via those challenged processes and did not use more than three Prime benefits within one year will be paid automatically by Amazon within 90 days. Other eligible Amazon customers will need to file a claim, and Amazon is required to send notices to those people within 30 days of making its automatic payments.
Customers who did not use a challenged sign-up process but instead were unable to cancel their memberships will also need to file claims for payment.
How much will the Amazon payments be?Payouts to eligible Amazon claimants will be limited to a maximum of $51. That amount could be reduced depending on the number of Amazon Prime benefits you used while subscribed to the service. Those benefits include free two-day shipping, watching shows or movies on Prime Video or Whole Foods grocery discounts.
2025-10-21 19:541mo ago
2025-10-21 15:451mo ago
Adamera Reports on its Talisman Tungsten Property, Washington State - Plans to Offer the Project for Joint Venture
Vancouver, British Columbia – October 21, 2025 – TheNewswire - Adamera Minerals Corp. (TSX-V: ADZ; OTC: DDNFF) ("Adamera" or the "Company") reports that it will offer for joint venture its Talisman Copper -Silver - Tungsten Property, located near Laurier, Washington, which includes the historic Talisman tungsten mine. Talisman is not core to the Company’s business, although in light of increased demand for critical minerals the project warrants exploration. Adamera has conducted a mineral potential review of the property where grades of 0.35–1.0% WO₃ have been reported. (1)
Why Tungsten?
Tungsten is considered a critical mineral by many countries and organizations, including the United States, the European Union, Canada and the United Kingdom. Its critical status is due to its importance in ballistics, aerospace and technology. Tungsten has unique properties including its extreme hardness and high melting point. It has not been mined commercially in the USA since 2015, with most supplies being sourced from China.
Work by Adamera on the Talisman Property has focused on the presence of high-grade copper and silver mineralization. Limited attention has been paid to historically mined tungsten-bearing (scheelite) skarn zones in the Talisman Tungsten Mine. The mine was a key tungsten producer during World War II, supplying strategic metal for U.S. military applications. Specifically, scheelite occurs in garnet-epidote skarn along the contact between limestone and intrusive rocks. Selected samples from the workings contain between 0.35 and 1.0 % WO₃, with local samples reported to assay higher. (1) In addition to high-grade tungsten, smelter records from the Talisman Mine report high-grade copper and silver averaging 5% and 103 g/t, respectively. Specific zones also contained Pb up to 20% and Zn up to 11%. (1) (2)
“The Talisman Property is a critical minerals opportunity. Our work confirms the presence of a polymetallic mineralized system that contains tungsten, copper, silver, lead, zinc and bismuth. Such mineralization has been observed at shallow depths. Our work paid little attention to tungsten on a stand-alone basis. What did attract our interest was a newly recognized copper-silver target. Exploration has demonstrated that the mineralizing system extends well beyond the old tungsten mine workings, with clear potential for the discovery of a much larger polymetallic deposit” states Mark Kolebaba, President and CEO of Adamera Minerals Corp.
Surface sampling, mapping, and geophysical interpretation by Adamera demonstrate that the copper, silver, zinc and lead mineralization extends well beyond the historic mine and is suggestive that tungsten may do the same. Recent exploration on the property highlights several significant metal values as listed in Table 1:
Significant Range
Metal
From
To
Copper
0.54%
4.6%
Silver
1.0 g/t
1000 g/t
Zinc
0.50%
6.90%
Lead
0.44%
12.80%
Table 1. – Shows range of significant values of various metals in rock samples on the property that are located 700 to 1500 metres from the mine. Zones with elevated tungsten (100 to 2600 ppm) and Bismuth (100 to 2850 ppm) have been identified and not yet followed up.
The Talisman Mine is hosted within carbonate rocks intruded by granite and diorite bodies, forming extensive skarn alteration along contact zones. Adamera’s mapping has outlined:
A 1.5-kilometre mineralized corridor with copper-silver-lead-zinc +/-tungsten occurrences;
Multiple magnetic anomalies coinciding with surface mineralization;
Continuity of alteration and mineralization beyond the historic mine workings.
The Company believes the skarn system remains open along strike and at depth, with significant untested potential beneath a likely barren rock unit. A drill program has been prepared to test below and along strike of the former mine workings, targeting both high-grade scheelite zones and associated copper-silver-bearing sulphides. Additional work will include: systematic soil and rock geochemistry focusing on tungsten and detailed EM survey.
Plan is to Joint Venture the Property
The Talisman Property represents one of the few known past-producing tungsten sites in Washington State, now recognized as having strong potential for re-development under modern critical-minerals initiatives. The combination of historical tungsten production and newly identified copper-silver enrichment positions Talisman as a strategic exploration asset in a geopolitically secure jurisdiction. The current plan is to entertain joint venture proposals to continue exploration on the property, allowing the Company to focus on its gold assets.
Gordon Gibson (P.Geo.), qualified person under NI 43-101, is an independent consultant that has reviewed and approved data associated with this release.
Rock samples were analyzed at Act Labs.
About Adamera
Adamera Minerals Corp. is exploring for a high-grade gold deposit in Canada and USA.
Neither 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. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. Statements in this press release, other than purely historical information, including statements relating to the Company’s future plans and objectives or expected results, may include forward-looking statements. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in resource exploration and development. As a result, actual results may vary materially from those described in the forward-looking statements.
2025-10-21 19:541mo ago
2025-10-21 15:461mo ago
SCHD ETF: REIT Dividends Too Attractive To Exclude
Analyst’s Disclosure:I/we have a beneficial long position in the shares of SCHD either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2025-10-21 19:541mo ago
2025-10-21 15:491mo ago
Ex-Fed insider warns of systemic 'liquidity crisis,' sees gold sell-off as a major 'distress signal'
Jeremy Szafron joins Kitco News as an anchor and producer from Kitco’s Vancouver bureau.
Jeremy is a seasoned journalist with a diverse background covering entertainment, current affairs and finance.
Jeremy began his career in 2006 as a Journalist at CTV (Canada’s largest network), initially engaging audiences as an entertainment reporter before pivoting to business reporting focusing on mining and small-caps. His macro-financial and market trends analysis made him a sought-after commentator on CTV Morning Live and a regular on CTV News Network.
A notable milestone in Jeremy's career was his 2010 Vancouver Olympic Games coverage, highlighting the Olympic community and hosting segments from various Country Houses at the games. Building on this experience, Jeremy developed an online video news program for PressReader, launching them into a new direction. PressReader is a digital newsstand with 8,000 newspaper and magazine editions in 60 languages from more than 120 countries.
In 2012, Jeremy ventured into his own digital media project, creating The Green Scene Podcast, swiftly gaining over 400,000 subscribers and establishing himself as a key voice in the emerging cannabis industry. Following this success, he launched Investor Scene and Initiate Research, news platforms providing exclusive market insights and deal-flow opportunities in mining and Canadian small-caps.
Jeremy has also worked as a market strategist and investor relations consultant with various publicly traded companies in the mining, energy, CPG, and tech industries.
A graduate of Concordia University with a BA in Journalism, Jeremy's academic background laid the foundation for his diverse and dynamic career. Now, as an Anchor at Kitco News, Jeremy will continue to inform a global audience of the latest developments and critical themes in finance and commodities.
2025-10-21 19:541mo ago
2025-10-21 15:501mo ago
DeepMarkit Update on Proposed Acquisition of Prospect Prediction Markets
Calgary, Canada – October 21, 2025 – TheNewswire - DeepMarkit Corp. ("DeepMarkit" or the "Company") (TSXV: MKT) (OTC: MKTDF) (FRA: DEP) wishes to provide an update with respect to the previously announced proposed acquisition (the "Acquisition") of all of the issued and outstanding securities of Prospect Prediction Markets Inc. ("Prospect") and the concurrent non-brokered private placement of common shares of the Company (the "Private Placement").
In accordance with TSX Venture Exchange (the "Exchange") Policy 5.3 – Acquisitions and Dispositions of Non-Cash Assets, the trading of the common shares of the Company on the Exchange was halted on September 16, 2025 pending Exchange review of the Acquisition. The Exchange has conditionally accepted the Acquisition and trading will resume at market open on Wednesday, October 22, 2025.
The Company continues to work expeditiously to complete the Acquisition and Private Placement. Please see the Company’s news release of September 16, 2025 for additional information. The Company expects to issue a comprehensive news release at a later date disclosing additional details of the Acquisition and about Prospect.
Completion of the Acquisition and Private Placement remain subject to Exchange approval.
About DeepMarkit
DeepMarkit Corp. is a technology company with subsidiaries active in blockchain, artificial intelligence, and tokenization. Through First Carbon Corp., the Company operates MintCarbon.io, a web-based platform that facilitates the minting of carbon offsets into NFTs or other secure tokens. DeepMarkit's common shares are listed on the TSX Venture Exchange under the "MKT" stock symbol, on the OTC market in the United States under the "MKTDF" symbol and on the Frankfurt Stock Exchange under the "DEP" symbol.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.
Statements in this press release may contain forward-looking information. Any statements that are contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements, including, without limitation, statements with respect to the anticipated date of the resumption of trading of the common shares of the Company, the approval of the Acquisition and Private Placement by the Exchange, the timing of the delivery of documents to the Exchange, and statements with respect to the business plans of DeepMarkit and Prospect generally. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of DeepMarkit. The reader is cautioned not to place undue reliance on any forward-looking information.
The forward-looking statements contained in this press release are made as of the date of this press release and DeepMarkit does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise, except as required by securities law. In addition, forward-looking statements and forward-looking information contained herein are subject to the risks generally applicable to DeepMarkit, including the business risks described in DeepMarkit's annual management discussion & analysis filings, available under DeepMarkit's profile at SEDAR+ (www.sedarplus.ca).
NOT FOR DISSEMINATION IN THE UNITED STATES
2025-10-21 19:541mo ago
2025-10-21 15:501mo ago
ATTENTION NASDAQ: CPTN INVESTORS: Contact Berger Montague About a Cepton, Inc. Class Action Lawsuit
, /PRNewswire/ -- National plaintiffs' law firm Berger Montague PC announces a class action lawsuit against Cepton, Inc. (NASDAQ: CPTN) ("Cepton" or the "Company") on behalf of investors who purchased or sold Cepton shares during the period of July 29, 2024 through January 6, 2025 (the "Class Period").
Investor Deadline: Investors who purchased or sold Cepton securities during the Class Period may, no later than December 8, 2025, seek to be appointed as a lead plaintiff representative of the class. To learn your rights, CLICK HERE .
Cepton is a lidar technology company headquartered in San Jose, California. Having been acquired by Koito Manufacturing Co., Ltd. ("Koito") in January 2025, Cepton's stock is no longer publicly traded.
The lawsuit alleges that when seeking shareholder approval of Koito's merger proposal, which valued Cepton shares at $3.17 per share, Cepton and its senior executives failed to disclose the existence of a credible third-party acquisition bid that valued the Company at more than double the price of the Koito proposal.
Four months after the merger closed, former shareholders sued Cepton's senior officers in the Delaware Court of Chancery. In September 2025, when a redacted amended complaint filed in that Delaware action became publicly available, investors learned of the existence of documents indicating that the Company's proxy materials for the Koito acquisition had concealed material information from shareholders, including a competing bid.
According to the Delaware suit, Cepton's Board of Directors did not meaningfully explore the competing offer, nor did it disclose its terms when recommending that shareholders approve the Koito transaction. As a result, shareholders were denied a fair opportunity to assess the proposed deal. Furthermore, the Delaware complaint alleges that Cepton's CEO suffered from conflicts of interest with respect to the Koito proposal.
If you are a Cepton investor and would like to learn more about this action, CLICK HERE or please contact Berger Montague: Andrew Abramowitz at [email protected] or (215) 875-3015, or Caitlin Adorni at [email protected] or (267)764-4865.
About Berger Montague
Berger Montague, with offices in Philadelphia, Minneapolis, Delaware, Washington, D.C., San Diego, San Francisco, Chicago, Malvern, PA, and Toronto has been a pioneer in securities class action litigation since its founding in 1970. Berger Montague has represented individual and institutional investors for over five decades and serves as lead counsel in courts throughout the United States.
For more information or to discuss your rights, please contact:
Andrew Abramowitz
Senior Counsel
Berger Montague
(215) 875-3015
[email protected]
Caitlin Adorni
Director of Portfolio & Institutional Client Monitoring Services
Berger Montague
(267) 764-4865
[email protected]
SOURCE Berger Montague
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Aave Rebounds Above $230 Confirming Double-Bottom ReversalOn the news front, Aave said it would expand its collateral assets with Maple Finance's institutional-grade yield tokens. Oct 21, 2025, 5:45 p.m.
The governance token of Aave AAVE$231.76, the world's largest decentralized lending protocol, advanced 2.5% on Tuesday afternoon above $230, recovering from an overnight selloff.
The token pushed through key resistance levels, confirming a double-bottom support zone between $220 and $221.13 and triggering a reversal as volume spiked nearly 90% above daily averages, according to CoinDesk Research’s analytics model. The breakout above $224.50 signaled renewed buying interest, capped by institutional accumulation in the final minutes of trading.
The move happened as the broader crypto market bounced, as a selloff in gold and silver pointed to renewed appetite for risk assets.
Aave also unveiled Tuesday a partnership with Maple Finance (SYRUP) to onboard institutional-grade assets as new forms of collateral. The integration will start with syrupUSDT, followed by syrupUSDC — products backed by Maple’s managed yield strategies — to be used for borrowing across Aave’s lending markets, beginning with its Plasma and core markets.
The collaboration aims to bridge institutional capital and DeFi liquidity. Maple, which manages billions in onchain lending volume, brings allocators and borrowers seeking consistent yield. Aave, with over $3.2 trillion in lifetime deposits since its 2020 launch, offers the liquidity depth to absorb that demand.
For users, this means higher-quality collateral and more stable borrow demand. For the protocol, it could support Aave’s variable-rate model through a broader base of non-volatile, creditworthy assets. In a volatile macro environment, the move signals a shift toward more predictable, capital-efficient lending mechanics in DeFi.
Technical analysisKey technical levels signal a potential reversal for AAVE, CoinDesk Research's analysis model suggested.
Support/Resistance: Double-bottom support holds at $220.00-$221.13 zone.Volume Analysis: Massive 87% surge above daily average during breakdown followed by concentrated accumulation. Chart Patterns: Downtrend with lower highs reversed by double-bottom formation and decisive breakout above $224.50 resistance confirms reversal potential.Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
More For You
Stablecoin payment volumes have grown to $19.4B year-to-date in 2025. OwlTing aims to capture this market by developing payment infrastructure that processes transactions in seconds for fractions of a cent.
View Full Report
More For You
XRP Spikes 3% as Gold Slips and Bitcoin Extends Gains
Ripple’s ongoing $1 billion capital raise continued to support sentiment among professional traders seeking exposure to regulated-linked tokens.
What to know:
XRP outperformed major altcoins, briefly reclaiming the $2.50 mark before profit-taking occurred.Traders shifted from defensive assets to riskier ones as geopolitical tensions eased and U.S. inflation data lightened.Institutional interest in XRP was bolstered by Ripple's capital raise and anticipation of SEC's ETF decisions.Read full story
2025-10-21 18:531mo ago
2025-10-21 13:451mo ago
Why Is Crypto Market Up Today? Bitcoin Teases $114k
The crypto market, led by Bitcoin (BTC) and Ethereum (ETH), is on the rise. The total crypto market cap edged 2.17% higher on Tuesday, October 21, during the mid-North America session, to hover about $3.83 trillion at press time.
Bitcoin Leads the Crypto PumpAccording to Coinpedia’s market data, Bitcoin price gained around 3% to reach a range high of about $113,996 before retracing to trade around $113,542 at press time. Bitcoin’s daily average trading volume gained 48% to hover around $78.4 billion at press time.
Ethereum price led the wider altcoin market in today’s gains. The large-cap altcoin, with a market cap of around $495 billion, rallied over 4% to trade above $4,100 at press time.
Main Reasons Why the Crypto Market is Up TodayHigh Institutional Demand amid Capital Rotation from Gold and Silver The demand for crypto assets, led by BTC and ETH, will skyrocket as gold and Silver investors rotate their profits. Notably, Gold and Silver spot prices dropped over 4% on Tuesday after hinting at a possible reversal pattern, which is characterized by double tops in the daily timeframe.
Historically, Bitcoin and the wider crypto market pump after Gold topped out, fueled by capital rotation.
Fed’s Crypto Integration TalksOn Tuesday, Federal Reserve Governor Chris Waller announced the central bank is proposing a new type of limited-access master account dubbed “skinny master account”. Notably, the skinny master account is expected to be given to innovative fintechs and banks led by crypto firms such as Ripple Labs, Kraken, and Anchorage.
Such a move would heavily influence the crypto liquidity and volume in the long term.
Leveraged Short Squeeze ImpactFollowing the sudden crypto market rebound on Tuesday, more than $537 million was liquidated from leveraged traders. Out of the total crypto liquidations, about $300 million involved short traders, thus fueling the impact of a short squeeze.
The crypto short squeeze happened as the fear and greed index suggested high fear of further capitulation from most traders.
Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
2025-10-21 18:531mo ago
2025-10-21 13:461mo ago
Bitcoin Flushes Out Leverage, Investors Start Quiet Accumulation
Solana Mobile has announced the end of software and security updates for its flagship Saga smartphone, marking an abrupt conclusion to the blockchain-integrated device’s lifecycle just two years after launch.
According to a post on their website, the decision means existing users will no longer receive firmware or security patches, exposing devices to potential risks and compatibility issues as newer apps evolve. Customer assistance will now be limited to general inquiries, signaling the complete phase-out of active product support.
Short Run for Solana’s Blockchain PhoneLaunched in May 2023, the Saga was envisioned as a step toward mainstream Web3 adoption. It offered native crypto wallet integration, decentralized app access, and freedom from traditional app store restrictions. The phone was produced by OSOM, a California-based hardware firm, in collaboration with Solana Mobile, a subsidiary of Solana Labs.
However, the device’s commercial performance fell short. Initially priced at $1,000, it was later reduced to $599 after slow sales.
Despite a surge of interest from Solana enthusiasts, only about 20,000 units were sold, missing the initial 50,000-unit target. Comparatively, the Saga’s two-year lifespan appears short against competitors Apple and Google typically provide at least five to seven years of updates.
From Web3 Innovation to Memecoin PhenomenonInterestingly, the Saga’s most enduring legacy may not be its blockchain integration but its unexpected role in Solana’s memecoin boom. Each unit shipped with a preloaded crypto wallet that became a prime destination for token airdrops. Developers used these wallets to reward early adopters and drive community engagement.
As the memecoin frenzy escalated in late 2023, some of these tokens surged in value, at times surpassing the phone’s original retail cost severalfold. Consequently, unopened Saga phones now trade for up to three times their retail value on secondary markets.
Solana’s Price OutlookSource: X
While the phone project winds down, Solana’s native token (SOL) continues to show resilience. The asset trades at $194.21 with a market cap exceeding $106 billion. Analyst Daniel Ramsey noted that Solana has consolidated below its $210–$250 resistance zone for 579 days.
He said the long accumulation phase could precede a major breakout toward $400–$450 if the token closes above $250. As long as SOL holds above the $145 base level, Ramsey believes bullish momentum remains intact.
2025-10-21 18:531mo ago
2025-10-21 13:481mo ago
Gold slips from $4,300 peak as miners crash, Bitcoin rebounds 8%
Tether CEO Paolo Ardoino declared that USDT's “trajectory to 500 million users” makes it “the ultimate social network” for programmable money, as the token's market cap climbs to about $182 billion. USDT's 500M-User Trajectory and Today's $182B Float On Tuesday, Oct.
2025-10-21 18:531mo ago
2025-10-21 13:551mo ago
BlackRock Draws Bitcoin Whales Closer to Wall Street Power
A new regulation allows exchanging BTC for ETF shares without generating immediate taxes.
BlackRock and Bitwise report an increase in investors looking to integrate their cryptocurrencies into the traditional financial system.
Investors gain access to collateral, loans, and better estate planning by converting their Bitcoin.
A quiet but significant trend is reshaping the relationship between cryptocurrencies and traditional finance (TradFi). Large Bitcoin holders move wealth to ETFs en masse, using a recently approved mechanism that allows them to integrate into the Wall Street system without needing to sell their digital assets.
Financial giants like BlackRock and Bitwise are facilitating this migration. The key change occurred in July when a regulatory modification approved “in-kind” transactions for Bitcoin products. This process allows an investor to hand over their Bitcoin directly to the fund in exchange for shares of the ETF.
The main advantage is that this conversion is generally considered tax-neutral, as it does not involve an exchange of cash or record a sale. In essence, a volatile and decentralized digital asset becomes a recognized line item on a brokerage statement, easier to use as collateral, pledge, or transfer to heirs.
BlackRock, through its IBIT ETF, has already facilitated more than $3 billion in these conversions, according to Robbie Mitchnick, its head of digital assets. Bitwise Asset Management confirms it receives daily inquiries about this process.
From Digital Wallets to Private Banking Services
The key question is: why are large Bitcoin holders moving wealth to ETFs? The answer is convenience and legitimacy. By converting their holdings into ETF shares, investors maintain their exposure to the cryptocurrency, but they transform it into something the financial system recognizes.
Once inside a brokerage account, that Bitcoin (now in ETF form) can be used as collateral for loans or included in estate plans.
Teddy Fusaro, president of Bitwise (manager of the BITB ETF), illustrated the benefit: an investor with $1 million on a wealth management platform and $5 million in Bitcoin on a ledger is treated like a $1 million client. “If you bring your $5 million worth of Bitcoin into an ETF... you qualify for a much higher level of service,” he explained.
This trend marks the latest reinvention for Bitcoin. Born as a revolt against financial institutions, it is now being absorbed by them. As Wes Gray of Alpha Architect noted, “The great irony, of course, is that Bitcoin was born to escape traditional finance, and now its biggest holders are trying to get back in.”
2025-10-21 18:531mo ago
2025-10-21 13:551mo ago
Bitcoin (BTC) Explodes to Almost $114K, Leaving $550 Million in Liquidations
The largest single liquidated position was valued at around $14.5 million.
The primary cryptocurrency, which was underperforming earlier today, took another turn to the upside with its price soaring from under $109,000 to nearly $114,000 in a matter of hours.
BTC Price, Source: TradingView
The impressive green candle comes shortly after the Federal Reserve’s meeting, during which the central bank revealed it was looking into “payment accounts” that would grant crypto and fintech companies access to Fed payment rails.
BTC’s resurgence also occurs after gold finally stopped rallying. Multiple analysts on X spotted the downtrend of the yellow metal, arguing that capital is now rotating towards the leading digital asset.
Somewhat expected, Bitcoin’s revival negatively affected traders who had previously opened too risky positions with high leverage. CoinGlass’ data shows that total liquidations on a 24-hour scale have soared to roughly $556 million. BTC trades accounted for $232 million of that amount, whereas those involving Ethereum added $151 million.
Crypto Liquidations, Source: CoinGlass
Overall, more than 140,000 traders were recked due to the market pump. The biggest single liquidation occured on the decentralized platform Hyperliquid, involved the trading pair BTC/USD and was valued at $14.45 million.
Dimitar got interested in cryptocurrencies back in 2018 amid the prolonged bear market. His biggest passion in the field is Bitcoin and he was fascinated with its journey. With a flair for producing high-quality content, he started covering the cryptocurrency space in late 2018. His hobby is football.
2025-10-21 18:531mo ago
2025-10-21 13:581mo ago
German MicroStrategy Aims to Buy 10,000 Bitcoins Fast
aifinyo becomes Germany’s first Bitcoin treasury firm, aiming to buy 10,000 BTC by 2027, worth about $1.1 billion today.Backed by UTXO Management’s $3.5 million investment, aifinyo plans systematic Bitcoin accumulation through invoices and new services.Despite strong ambition, regulatory scrutiny and stock dilution risks could threaten the firm’s rapid BTC acquisition strategy.Germany officially has its first Bitcoin treasury firm, as aifinyo is taking up MicroStrategy’s mantle in Europe. The firm wants to buy 10,000 bitcoins by 2027, which would cost $1.1 billion at today’s prices.
The firm already partnered with UTXO to receive its first investment, and it has a solid plan to keep stacking BTC. Still, the whole sector is wobbling under regulatory and stock dilution concerns, which may cut these ambitious plans short.
Sponsored
Sponsored
Germany’s First Bitcoin TreasuryCorporate BTC acquisition has become a massive industry trend in 2025, and it shows no signs of stopping. Digital asset treasury (DAT) firms are continuing to buy Bitcoin, and a new company from Germany is trying to move at a breakneck speed.
According to the firm’s press release, aifinyo is now Germany’s first publicly-traded Bitcoin DAT. The firm announced a $3.5 million investment from UTXO Management, which will be part of a long-term partnership.
Aifinyo will buy Bitcoin exclusively, centering the company’s valuation around BTC acquisitions.
“We’re building Germany’s first corporate Bitcoin machine. Every invoice that aifinyo’s customers pay, will now generate Bitcoin for shareholders. No speculation, no market timing – just systematic accumulation of a deflationary asset,” claimed Stefan Kempf, aifinyo co-founder and Board Chairman.
Its ambition, however, is especially noteworthy. This “German MicroStrategy” aims to purchase 10,000 bitcoins by 2027, requiring over $1.1 billion at today’s prices.
Aifinyo will lean on the initial investment and its preexisting cash reserves, planning to expand “into business accounts and credit cards” next year to create new income streams.
Sponsored
Sponsored
Late to the Party?Still, this all seems pretty precarious. The firm claimed that Germany is an attractive region to establish a Bitcoin DAT, thanks to its regulatory friendliness.
However, the whole treasury strategy is showing huge red flags, with analysts worrying it could cause a macroeconomic risk to crypto.
MicroStrategy, the leading Treasury firm, has drastically shrunk its purchases after stock dilution fears. Some firms have developed more investor-friendly approaches, which may or may not be scalable, but the problem is endemic to all DATs.
Strategy Stock Fell Nearly 10% After the October 10 Market Crash. Source: Google FinanceIf aifinyo wants to stockpile BTC fast, it might not have the luxury of a stabler approach.
Moreover, even if this German company can both rapidly acquire Bitcoin and please its shareholders, those aren’t the only concerns. US regulators have started a massive probe into DAT companies over insider trading concerns.
To be clear, this crackdown happened in the US, which is explicitly trying to reduce crypto enforcement. German and European regulators are notoriously more hard-nosed when it comes to Bitcoin, and a company like aifinyo might make an attractive target in the future.
In other words, there are a lot of variables right now. aifinyo might be able to pioneer a revolutionary strategy in a new continent, or it might be a latecomer to the party. However, its commitment shows that DAT acquisition isn’t slowing down yet.
Disclaimer
In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
2025-10-21 18:531mo ago
2025-10-21 14:001mo ago
Zcash (ZEC) Breakout Stalled By Big Money — Here's Why It Might Not Affect The Price
ZEC price pulled back slightly after breakout but remains near $250, holding strong gains.Whales are easing off, while retail traders continue adding — helping sustain the rally.Hidden bullish RSI divergence hints at another move toward $284 and $314 resistance zones.Zcash (ZEC) price has been one of the strongest performers among privacy coins, gaining nearly 470% over the past three months. The token is now trading near $250 after a brief pullback, cooling off from its recent surge but still holding most of its gains.
At first glance, the pause (even one since yesterday might seem like fading momentum. But the signals suggest something different. Whales are taking a step back, retail conviction remains strong, and technical patterns continue to hint that the broader uptrend is far from over.
Sponsored
Sponsored
Whales Ease Off, But Retail Traders Ride The ConvictionLarge investors have started to slow their buying. The Chaikin Money Flow (CMF) — which measures large-money inflows — has dropped sharply from over 0.45 at the start of October to around 0.04 now. This indicates whales have begun taking profits after driving ZEC’s earlier rally.
Still, this is not entirely bearish. Even when CMF dropped earlier this month, ZEC’s price kept climbing. The token’s rally is no longer fully dependent on whale activity — retail traders are filling in the gap.
Big ZEC Wallets Offloading: TradingViewWant more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here.
Over the past 24 hours, ZEC’s net flow flipped from +$18.14 million to –$4.06 million, a 122% swing toward outflows. That means more tokens are leaving exchanges, suggesting that holders are buying more.
ZEC Retail Adding To The Stash: CoinglassSponsored
Sponsored
Smaller traders appear to be accumulating while large holders reduce exposure — a pattern that often helps sustain rallies. Adding to that conviction, Zcash’s shielded pool recently surpassed 4.5 million ZEC, locking nearly 27.5% of its total supply.
This surge in shielded holdings shows that more users are moving coins into long-term private storage rather than trading them, tightening market supply and reinforcing confidence in Zcash’s privacy technology.
ZEC Price Structure Still Shows Strength Beneath The SurfaceZEC’s price action shows that this pullback is likely a pause, not a breakdown. The structure remains healthy, and multiple signals suggest the uptrend is holding.
While the full breakout projection of the flag setup points to an ambitious 547% potential move based on the pole’s height, that Zcash price target remains far-fetched for now. Nearer levels like $284, $314, and $441 look more realistic as upcoming resistance zones.
The Relative Strength Index (RSI) — which measures the strength and speed of price changes — highlights that shift clearly. A few days earlier, around October 16, a hidden bullish divergence appeared, where the RSI made lower lows while the price made higher lows. The result was a short-term rally that pushed ZEC up before this latest pullback.
ZEC Price Analysis: TradingViewNow, a similar divergence is forming again. The price has continued making higher lows while RSI dips slightly — a setup that often hints at trend continuation. If the pattern repeats, ZEC could soon resume its climb toward $284 and $314, the next resistance levels.
However, if the price drops below $247 and then $209, it could signal temporary weakness. A move under $187 would break the bullish structure and expose the ZEC price to a deeper correction.
Disclaimer
In line with the Trust Project guidelines, this price analysis article is for informational purposes only and should not be considered financial or investment advice. BeInCrypto is committed to accurate, unbiased reporting, but market conditions are subject to change without notice. Always conduct your own research and consult with a professional before making any financial decisions. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.
2025-10-21 18:531mo ago
2025-10-21 14:001mo ago
Bitcoin awaits critical US CPI data for jump over $120,000 or decline to $100,000
Bitcoin is bracing for the release of the September US Consumer Price Index (CPI) on Oct. 24, the first major data point since the federal shutdown began.
2025-10-21 18:531mo ago
2025-10-21 14:001mo ago
Pudgy Penguins: Is a new bull run setting up? Examining
Key Takeaways
How does PENGU’s short-term trend look?
It confirms a shift toward bullish momentum as buyers reclaim control above $0.021 levels.
What do recent exchange outflows and whale activity suggest?
Outflows totaling $863K and renewed whale accumulation indicate reduced sell pressure and growing confidence.
The market structure of Pudgy Penguins [PENGU] has started to show promising signs of recovery as the TD Sequential buy signal gets validated, aligning with consistent exchange outflows and renewed whale accumulation.
The confluence of technical and on-chain metrics suggests momentum is shifting in favor of buyers.
Price movements consolidating within a bullish pattern that could soon trigger a breakout toward higher Fibonacci targets.
An explosive upside toward Fibonacci targets
A clear cup-and-handle formation is visible on the weekly chart, reflecting gradual recovery momentum after a prolonged correction.
The handle consolidation appears nearly complete, positioning PENGU for a potential breakout above the 1.0 Fib level at $0.0218.
If confirmed, the Fibonacci extensions at 1.618 ($0.0305) and 2.618 ($0.0447) could serve as the next price targets.
Additionally, the liquidation heatmap shows heavy clusters between $0.023 and $0.0238, which could spark a short squeeze once liquidity is triggered.
Such a move would likely strengthen the bullish narrative across spot and derivatives markets.
Source: TradingView
Investors pull $863K from trading platforms
Spot flow data reveals a net outflow of $863K on the 21st of October, confirming that holders were moving tokens off exchanges. This trend reduces sell pressure and reflects growing investor confidence.
Interestingly, the magnitude of these outflows has increased alongside the recent TD Sequential confirmation, reinforcing the notion that accumulation is underway.
Moreover, historical data shows that similar withdrawal spikes often precede upward continuation patterns.
However, sustaining this momentum will require consistent buying from both retail and institutional segments.
Large holders return to Pudgy Penguins
Data from CryptoQuant showed an uptick in large whale order sizes, signaling renewed institutional and high-net-worth participation.
This pattern, marked by clusters of green whale orders, mirrors previous accumulation zones that preceded significant uptrends.
The alignment between on-chain accumulation and technical breakout potential creates a favorable setup for a rally.
However, continuous accumulation remains key for validating this bullish outlook, especially as PENGU approaches resistance near $0.023.
Is PENGU ready for a decisive breakout?
The convergence of bullish signals across both technical and on-chain metrics strengthens PENGU’s short-term recovery prospects.
A confirmed breakout above $0.023 could open the path toward $0.03 and beyond, supported by consistent whale buying and reduced exchange supply.
While momentum looks promising, sustained accumulation and breakout confirmation remain essential to validate the next major rally.
2025-10-21 18:531mo ago
2025-10-21 14:001mo ago
What Every XRP Investor Needs To Hear: Why You Might Not Be Able To Sell At The Top
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure
Crypto pundit Diana has explained why not every XRP investor will be able to sell at the top, even as the community awaits higher prices. The pundit alluded to a liquidity shortage and how there might not be enough demand as everyone tries to offload their coins at the same time.
In an X post, Diana echoed Jake Claver’s statement that a lot of exchanges won’t have the liquidity to let XRP holders exit at the market value. The pundit remarked that many token holders won’t be able to just cash out if the price rises to, like $10. She explained that this is because if too many people try to sell at once, the market doesn’t have enough buyers ready to take all those orders at the same price.
Diana noted that this is a result of thin liquidity. As such, those looking to sell at $10 might have their order filled at $8.50. She added that this is what is known as slippage and that it could cause investors to lose thousands in a few seconds. The pundit also gave an illustration of how the rush to sell during parabolic rallies is just like when everyone is trying to leave through the same door when the fire alarm goes off during a concert.
In this case, the liquidity is like the door, and it won’t be able to accommodate everyone. Diana stated that the issue of liquidity matters more for XRP because while retail traders use Coinbase or Kraken, banks, hedge funds, and corporations don’t. Instead, she claimed that they trade off-exchanges through private deals called OTC trades.
The pundit further remarked that with Ripple’s $1 billion acquisition of GTreasury, more XRP liquidity is about to move off crypto exchanges and into corporate systems. She noted that this is great for real-world adoption, but that it means that there will be less of the altcoin available on public markets when everyone tries to sell.
What Holders Should Do
Diana advised XRP holders to plan ahead, as when the next XRP bull run hits, prices could surge higher than ever, but cashing out won’t be simple. As part of the plan, she told investors to move their tokens off crypto exchanges now and set their sell targets early. The pundit added that holders should use limit orders instead of market orders.
Diana stated that when the altcoin finally goes vertical, the winners won’t be those who timed the top but those who were ready for it. Jake Claver, CEO of Digital Ascension Group, had also warned XRP holders that without custody, tax strategy, and wealth infrastructure before the liquidity event, many would fumble to generate wealth.
At the time of writing, the XRP price is trading at around $2.42, down in the last 24 hours, according to data from CoinMarketCap.
XRP trading at $2.41 on the 1D chart | Source: XRPUSDT on Tradingview.com
Featured image from Peakpx, chart from Tradingview.com
Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
Sign Up for Our Newsletter!
For updates and exclusive offers enter your email.
Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts.
Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.
2025-10-21 18:531mo ago
2025-10-21 14:011mo ago
XRP price reclaims $2.40 as Open Interest signals renewed bullish strength
XRP’s price reclaims the $2.40 level, with rising open interest indicating renewed market confidence and the potential for continued bullish momentum after a volatile week.
Summary
XRP reclaims $2.40 Point of Control with strong demand.
Rising open interest suggests renewed accumulation.
Sustained closes above $2.40 could lead to rallies toward $2.70–$3.00.
XRP’s (XRP) price has reclaimed the $2.40 level, showing early signs of renewed strength following a volatile week of trading. The current price region coincides with the Point of Control (POC), making it a key technical area that could determine the next directional move.
Adding to this, Ripple-backed Evernorth Holdings plans a $1B Nasdaq debut to boost institutional XRP use, potentially strengthening market confidence. As price stabilizes above this level $2.40 level, on-chain and derivatives data suggest that sentiment is shifting back toward accumulation, supported by a rise in open interest.
XRP price key technical points
Key Resistance Reclaimed: XRP has moved back above the $2.40 Point of Control, a major volume-based resistance.
Open Interest Rising: Derivatives data show open interest rebounding to historical levels, signaling renewed confidence among traders.
Bullish Structure: Sustained closes above $2.40 could open the path toward a continuation rally.
XRPUSD (1D) Chart, Source: TradingView
Over the past week, XRP has experienced high volatility, with sharp movements both to the upside and downside. Despite this, the $2.40 region has emerged as a critical inflection point where the market is currently showing resilience. This area represents a high-volume node on the chart, serving as the Point of Control for the ongoing range.
The recent retest of the value area low confirmed strong underlying demand. Buyers stepped in early, preventing a deeper retracement and reinforcing $2.40 as a structural support level.
As long as daily candles continue closing above this level, it suggests that market participants are defending it aggressively and preparing for the next potential leg higher.
XRP Open Interest, Source: CoinGlass
Another key factor supporting the bullish case is the rebound in open interest across major futures exchanges. Following a sharp reset earlier in July, when liquidation events wiped out excessive leverage, open interest has now begun to rise again alongside price. This combination indicates that traders are re-entering the market with renewed confidence, rather than speculative overexposure.
If open interest continues to climb while the price consolidates above $2.40, it will confirm that new long positions are being established rather than short-term profit-taking. This behavior historically precedes continuation rallies, especially when supported by stable funding rates and rising spot volume.
What to expect in the coming price action
As long as XRP maintains daily closes above $2.40, the structure remains bullish. Continued increases in open interest would validate the strength of this reclaim, supporting the potential for further upside momentum.
However, traders should watch for volume confirmation; without strong participation, the move risks becoming another short-term spike.
2025-10-21 18:531mo ago
2025-10-21 14:051mo ago
Percolator: Solana Joins the Battle of Derivative DEXs
The crypto world is a battlefield where innovation allows no respite. After the rise of Hyperliquid and the breakthrough of Aster, Solana responds with Percolator, a project designed for speed and scalability. Announced by Anatoly Yakovenko, this new perpetual contracts DEX could reshuffle the decentralized trading cards. Behind this evocative name, an ambitious and concrete vision: a crypto exchange engine reconciling on-chain performance and simplicity.
In brief
Percolator, Solana’s new perpetual DEX, bets on a sharded Router/Slab architecture to achieve extreme performance.
Meanwhile, Hyperliquid maintains its lead thanks to HIP-3, record volumes, and the deployment of permissionless perpetual markets.
The challenge for Solana: deliver quickly, attract liquidity, and rally builders to regain the advantage.
Solana’s Technological Bet
Percolator is not just an addition to the Solana galaxy. It is a direct response to the hegemony of Hyperliquid, which has captured a considerable share of active crypto traders. Furthermore, the platform recently made headlines when a trader lost more than 21 million dollars following a private key leak, a harsh reminder of the ever-present risks in the crypto ecosystem.
Yakovenko presents a new protocol divided into two parts: Router, which manages collateral and cross margins, and Slab, which runs the perpetual contracts. The goal is to create a fast, autonomous, and transparent system.
This design is not incidental. Solana relies on its reputation as a high-throughput blockchain to create a DEX capable of handling volumes comparable to those of a CEX, while retaining decentralization. Where most crypto platforms struggle with slowness and congestion, Percolator seeks fluidity and end-to-end coherence.
But beyond a technical feat, this project symbolizes a reclaiming of sovereignty. Solana wants to remind that it is not just an ecosystem of NFTs and memecoins: it aims to become again a central player in decentralized finance, the one that defines the future of crypto trading.
Hyperliquid and the Perpetual DEX War
The context is tense. In July, Hyperliquid alone generated 35% of blockchain revenues, according to VanEck, outperforming Solana, Ethereum, and BNB Chain. The DEX exploded in volume, reaching 319 billion dollars in monthly transactions. This success is based on a simple strategy: a clear interface, a high-performing product, and an aggressive listing policy.
With the HIP-3 update, Hyperliquid allowed anyone to launch their own perpetual markets, a true permissionless revolution. In exchange for staking 500,000 HYPE tokens, builders can create independent contracts with their own margin parameters. The result: an unprecedented diversity of offerings and a massive influx of professional crypto traders.
Faced with this rise, Solana had to react. Percolator arrives as a counterproposal, a decentralized but ultra-optimized version of crypto finance. This DEX could attract market makers and algorithmic traders seeking the speed and stability of on-chain settlement without sacrificing flexibility.
A Crypto Ecosystem in Recomposition
While Hyperliquid consolidated its dominance, Aster, on the BNB Chain, established itself as the largest perpetual DEX currently, displaying up to 14.5 billion dollars in daily volume. The crypto market itself is fragmenting: users follow liquidity, and liquidity follows experience. Solana knows the battle will not only be won by technology but also by adoption.
Percolator must therefore move fast. Anatoly Yakovenko’s GitHub has laid the foundations, but execution will determine everything. Without a critical mass of liquidity and builders, the project risks remaining theoretical. However, Solana has already proven it can deliver, with its network being among the fastest in the crypto world and a true unmatched technological showcase.
By betting on a modular and high-performance approach, Percolator could well become the missing piece of the puzzle. A platform where decentralized finance regains its breath and where Solana takes back control in a fiercely competitive sector.
Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.
Join the program
A
A
Lien copié
Evans S.
Fascinated by Bitcoin since 2017, Evariste has continuously researched the subject. While his initial interest was in trading, he now actively seeks to understand all advances centered on cryptocurrencies. As an editor, he strives to consistently deliver high-quality work that reflects the state of the sector as a whole.
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
2025-10-21 18:531mo ago
2025-10-21 14:171mo ago
30,000,000 XRP Bought by Whales in Just One Day: What's Coming Next?
Whale wallets accumulated 30M XRP in one day as price hovered around the $2.49 range.
Binance exchange reserves dropped below 3B XRP, signaling reduced selling pressure from holders.
XRP broke out of a multi-year triangle, with targets now projected at $8, $13, and $27.
Evernorth plans $1B listing; Ripple acquires GTreasury to expand XRP’s institutional finance reach.
Whale wallets holding between 100,000 and 10,000,000 XRP added 30 million XRP in the past 24 hours, according to data shared by analyst Ali Charts.
This increase in holdings took place as XRP traded near $2.49, with a 1% rise on the day. Over the past week, the price showed a minor 0.26% decline.
Daily volume reached close to $4.86 billion, suggesting steady market interest. The rise in large wallet balances during a period of price stability points to renewed activity from deep-pocketed holders.
While short-term price action remains flat, buying from these wallets often reflects preparation for a longer holding period.
Meanwhile, data from CryptoQuant shows XRP reserves on Binance fell sharply, from above 3.5 billion to under 3 billion XRP. This drop indicates major outflows from the exchange, often linked to holders moving funds into private storage.
Source: CryptoQuant
At the time of the drop, XRP was trading at around $2.40. Previous increases in exchange reserves have been followed by price dips, while current outflows come during stable or slightly falling prices. This may reflect a lower intention to sell among holders, aligning with the rise in whale accumulation.
XRP Technical Charts Show Key Breakouts and Levels
A long-term chart from ChartNerd shows XRP breaking out of a multi-year symmetrical triangle.
The pattern was followed by a successful retest of the 3-month EMA, which remains intact. The structure points to potential trend continuation. Based on historical patterns, the analysis sets future price zones near $8.47, $13.78, and $27.70.
Another chart by Egrag Crypto marks the $2.65–$2.70 range as an important resistance zone currently being tested. XRP recently rebounded off a trendline labeled the Bull Market Support Line, which has held multiple times in the past year.
A confirmed break above $2.70 could open the way for further upward movement. The $2.10–$2.30 area remains a major support zone.
Public Market and Treasury Developments
As recently reported by Blockonomi, Evernorth Holdings announced plans to go public through a business combination with Armada Acquisition Corp II.
If approved, the deal would raise over $1 billion and list the company under the ticker XRPN on Nasdaq. Evernorth would become the largest public firm holding XRP as a treasury asset.
Additionally, Ripple also announced a deal to acquire GTreasury for $1 billion. The firm provides treasury management systems used by institutions. Ripple plans to connect its payment platform with these systems to support real-time transactions in corporate finance.