, /PRNewswire/ -- Why: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Semler Scientific, Inc. (NASDAQ: SMLR) between March 10, 2021 and April 15, 2025, both dates inclusive (the "Class Period"), of the important October 28, 2025 lead plaintiff deadline in the securities class action first filed by the Firm.
So What: If you purchased Semler Scientific securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
What to do next: To join the Semler Scientific class action, go to https://rosenlegal.com/submit-form/?case_id=39889 mailto:or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than October 28, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
Why Rosen Law: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Details of the case: According to the lawsuit, defendants throughout the Class Period made materially false and/or misleading statements and/or failed to disclose that: (1) Semler Scientific did not disclose a material investigation by the United States Department of Justice (the "DOJ") 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' public statements were materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Semler Scientific class action, go to https://rosenlegal.com/submit-form/?case_id=39889 or mailto:call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm or on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm.
Attorney Advertising. Prior results do not guarantee a similar outcome.
-------------------------------
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
www.rosenlegal.com
SOURCE THE ROSEN LAW FIRM, P. A.
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2025-09-30 00:132mo ago
2025-09-29 20:012mo ago
‘You Can't Run From Fear': American Eagle's CEO on the Sydney Sweeney Fallout
VANCOUVER, British Columbia, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Zacatecas Silver Corp. (TSXV: ZAC; OTC: ZCTSF; Frankfurt: 7TV) (“Zacatecas” or the “Company”) is pleased to announce the closing of its over-subscribed non-brokered private placement financing (the “Financing”) of 62,500,000 units (“Units”) at a price of $0.06 per Unit for total gross proceeds of C$3.75 million. The Financing was previously upsized from C$2.5 million to C$3.75 million in order to include a strategic order from a highly regarded global mining investment fund, underscoring confidence in the Company’s high-grade silver and gold portfolio in Mexico.
Summary
C$3.75 million private placement closed – over-subscribed and backed by a strategic order from highly regarded mining investment fund4,000-metre drill program preparation is underway to drill high-priority El Cristo and Panuco vein systems.El Cristo: testing a large, underexplored vein system geologically linked to the historic Veta Grande, which produced >200 Moz Ag historically.Panuco: follow-up drilling on strong high-grade intercepts and a 20.5 Moz AgEq resource (19 Moz Ag and 19.2 Koz Au) (3.41 million tonnes at 187 grams per tonne AgEq (173 g/t Ag and 0.18 g/t Au). See news release issued on May 30, 2023.Pipeline growth: Company actively reviewing new acquisition opportunities in Mexico to further strengthen portfolio.
Eric Vanderleeuw, CEO and Director states: “This marks a pivotal step in our aggressive growth strategy focused on unlocking the full potential of the El Cristo and Panuco vein systems—two high-priority, high-impact targets in one of Mexico’s most prolific silver districts. Today, Zacatecas Silver is revitalized and fully funded to aggressively advance drilling in what appears to be the early innings of a historic metals market.”
Each Unit consists of one common share (a “Share”) and one common share purchase warrant (a “Warrant”), with each Warrant exercisable at $0.10 per Share for a period of two years from the date of issue (the “Expiry Date”). The Company has the right to accelerate the Expiry Date if, at any time, the volume weighted average price of the Shares on the principal exchange or market on which the Shares trade is equal to or greater than $0.20 for 20 consecutive trading days (“20-Day Period”). In the event of acceleration, the Expiry Date will be accelerated to a date that is 30 days after the Company issues the acceleration notice through a news release, provided that the acceleration notice is issued within 10 business days after the end of the particular 20-Day Period.
Under the first tranche of the private placement, the Company paid finders fees of $117,417.33 and issued 1,962,955 non-transferable finders share purchase warrants exercisable for a period of two years from the date of issue. The securities issued under the first tranche are subject to restrictions on resale for a period four months from the date of issue.
The net proceeds of the Financing will be used to advance exploration activities, including drilling at the Company’s flagship Zacatecas Silver Project, as well as for community engagement initiatives, corporate purposes, and working capital.
Insiders subscribed for 1,000,000 Units for $60,000. This participation constitutes a “related party transaction” as defined under Multilateral Instrument 61-101 (“MI 61-101”). However, the Company expects to be exempt from formal valuation and minority shareholder approval requirements under Sections 5.5(a) and 5.7(a) of MI 61-101, as his participation does not exceed 25% of the Company’s market capitalization.
Exploration Path Forward
A 4,000-metre drill program is currently in preparation stages with commencement anticipated in the coming months. Drilling will focus on high-priority targets at both the El Cristo and Panuco North vein systems.At El Cristo, drilling will test a large, underexplored vein system geologically linked to the prolific Veta Grande system, where historic mining produced over 200 million ounces of silver.At Panuco, drilling follows up on strong high-grade results and the updated resource estimate of 20.5 Moz AgEq resource (19 Moz Ag and 19.2 Koz Au) (3.41 million tonnes at 187 grams per tonne AgEq (173 g/t Ag and 0.18 g/t Au). See news release issued on May 30, 2023.
In addition, Zacatecas continues to actively evaluate acquisition and consolidation opportunities in Mexico to strengthen and diversify its project pipeline.
Community Engagement and Drill Readiness
Surface access and community engagement agreements are being supported by the previously announced engagement of Mesoamerican Explore S.A.S. de C.V. (“MES”) to provide environmental and social services and liaise with landowners. This work is underway and completion is expected in the coming months. Roadwork and drill pad construction are complete, and final contractor mobilization is scheduled for late Q4 2025.
Esperanza Gold Project
Regarding the company’s Esperanza Gold Project, Eric Vanderleeuw, CEO, stated:
“Esperanza is an attrative oxide heap leach deposit, low CAPEX and high-grade, with significant scalability. Federal permitting headwinds regarding open-pit permits had required us to pause PEA activities and focus on keeping the project in good standing and at minimum cost - that strategy has worked. We’ve successfully preserved the project at minimal cost, giving us optionality as the policy environment evolves. Few undeveloped assets of this quality and size remain in the sector and we are excited to move forward again.”
About Zacatecas Silver Corp.
The Company has two key projects: the Zacatecas Silver Project in Zacatecas State, Mexico, and The Esperanza Gold Project in Morelos State, Mexico.
The Zacatecas Silver Project is located in Zacatecas state, Mexico, within the highly prospective Fresnillo silver belt, which has produced over 6.2 billion ounces of silver. The Company holds 7,826 hectares (19,338 acres) of ground that is highly prospective for low-sulphidation and intermediate-sulphidation silver base metal mineralization and potentially low-sulphidation gold-dominant mineralization. The Company announced an increase in silver resource at the Panuco South and North underground Mineral Resource Estimate now consisting of 3.41 million tonnes at 187 g/t AgEq (173 g/t Ag and 0.18 g/t Au) for 20.5 million ounces AgEq (19.0 million ounces silver and 19.2 thousand ounces gold) (see news release dated May 31, 2023).
The silver property is 25 kilometres (km) southeast of MAG Silver Corp.'s Juanicipio Mine and Fresnillo PLC's Fresnillo Mine. The Property shares common boundaries with former Pan American Silver Corp., now Defiance Silver claims and El Orito, which is owned by Endeavour Silver.
Esperanza is an advanced stage, attractive low-cost, low-capital-intensity and low-technical-risk growth project located in Morelos state, Mexico. Alamos has progressed the project through advanced engineering, including metallurgical work, while also focusing on stakeholder engagement, including building community relations. The Company announced a Mineral Resource Estimate at Esperanza consisting of a Measured and Indicated Mineral Resource Estimate of 30.5 million tonnes at 0.97 g/t AuEq for 956 thousand ounces AuEq and an Inferred Mineral Resource estimate of 8.7 million tonnes at 0.98 g/t AuEq for 277 thousand ounces AuEq (see news release dated November 16, 2022).
Qualified Person
The technical information in this news release has been reviewed and approved by Chris Wilson, B.Sc. (Hons), PhD, FAusIMM (CP), FSEG, FGS, Chief Operating Officer of Zacatecas Silver. Dr. Wilson is a Qualified Person as defined by NI 43-101 and is not independent due being Chief Operating Officer and a director.
Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management’s current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. Zacatecas Silver cautions that all forward-looking statements are inherently uncertain and that actual performance may be affected by many material factors, many of which are beyond their respective control. Such factors include, among other things: risks and uncertainties relating to Zacatecas Silver’s limited operating history, its proposed exploration and development activities on is Zacatecas Properties and the need to comply with environmental and governmental regulations. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward-looking information. Except as required under applicable securities legislation, Zacatecas Silver does not undertake to publicly update or revise forward-looking information.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Exchange) accepts responsibility for the adequacy or accuracy of this release.
Ben Vallejo
Jason Wells - President, CEO & Director
Jesus Soto - Executive VP & COO
Jason Ryan - Executive Vice President of Regulatory Services & Government Affairs
Christopher Foster - Executive VP & CFO
Conference Call Participants
Nicholas Campanella - Barclays Bank PLC, Research Division
Anthony Crowdell - Mizuho Securities USA LLC, Research Division
Julien Dumoulin-Smith - Jefferies LLC, Research Division
Presentation
Operator
Good afternoon, and welcome to CenterPoint Energy's 2025 Investor Update Call with Senior Management. [Operator Instructions].
I will now turn the call over to Ben Vallejo, Director of Investor Relations. Mr. Vallejo?
Ben Vallejo
Good afternoon, everyone, and welcome to CenterPoint's 2025 Investor Update. Speaking on today's call will be various members of the CenterPoint management team, including Jason Wells, President and Chief Executive Officer; Jesus Soto, Executive Vice President and Chief Operating Officer; Jason Ryan, Executive Vice President of Regulatory Services and Government Affairs; and Chris Foster, Executive Vice President and Chief Financial Officer.
Management will discuss certain topics that will contain projections and other forward-looking information and statements that are based on management's beliefs, assumptions and information currently available to management.
These forward-looking statements are subject to risks and uncertainties. Actual results could differ materially based upon various factors, as noted in our SEC filings and earnings materials. Other than as required under applicable securities laws, we undertake no obligation to revise or update publicly any forward-looking statement.
We will be discussing certain non-GAAP measures on today's call. When providing guidance, we use the non-GAAP EPS measure of adjusted diluted earnings per share on a consolidated basis referred to as non-GAAP EPS. For information on our guidance methodology and a reconciliation of the non-GAAP measures used in providing guidance, please refer to our news release and presentation, both of which can be found under
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/C O R R E C T I O N from Source -- BTQ Technologies Corp./
World's First Large-Scale Trial of Quantum-Secure Stablecoin Settlement Network
BTQ × Danal PoC live: Danal, Korea's #1 mobile carrier billing provider and operator of Paycoin (PCI), has begun a Proof-of-Concept of BTQ's Quantum-Secure Stablecoin Settlement Network (QSSN) across select payment rails, the world's first large-scale trial of quantum-secure settlement on real infrastructure.
What's being tested: QSSN adds post-quantum security, programmable issuer controls (mint/burn, velocity limits, lists), and real-time compliance hooks while preserving today's consumer and merchant UX, leveraging Danal's reach to tens of millions of users across e-commerce, gaming, digital content, and offline retail.
Why now (reg + standards): The PoC addresses "harvest-now, decrypt-later" risk and aligns with global standardization efforts (e.g., QUINSA, U.S. PQFIF), demonstrating that PQC can be deployed at national scale with carrier-grade performance and without operational disruption.
, /PRNewswire/ - BTQ Technologies Corp. ("BTQ" or the "Company") (Nasdaq: BTQ) (CBOE CA: BTQ) (FSE: NG3), a global quantum technology company focused on securing mission-critical networks that Danal Co., Ltd. ("Danal"), Korea's market leader in mobile carrier billing and operator of the Paycoin (PCI) payment service, has begun a Proof-of-Concept ("PoC") deployment of BTQ's Quantum Secure Stablecoin Settlement Network ("QSSN") across select components of its payment infrastructure.
The PoC will evaluate how QSSN can add quantum-secure settlement, programmable issuer controls, and real-time compliance features to Danal's existing rails while maintaining today's user experience for consumers and merchants.
Danal's Reach and Relevance
Market leader: Holds the leading market share in mobile carrier billing in Korea.
Massive reach: Payment infrastructure serves tens of millions of users via telecom partnerships and online merchants.
Pioneering fintech: Operates Paycoin (PCI), among Korea's first and most widely adopted crypto-based payment services, accepted by thousands of merchants.
Established and listed: Founded in 1997 and publicly listed on KOSDAQ (064260).
Diversified footprint: Solutions span e-commerce, gaming, digital content, and offline retail, embedding Danal in Korea's digital economy.
Global presence: Subsidiaries and partnerships in the United States, China, and other regions.
Institutional trust: Long-standing relationships with telecom operators, banks, and regulators in a stringent financial environment.
Regulation, PQC Readiness, and Standards Alignment
Regulators and market infrastructures are moving to post-quantum cryptography to mitigate "harvest-now, decrypt-later" risk, creating clear urgency for quantum secure settlement. QSSN is leading global standardization efforts for quantum-secure digital money, including initiatives advanced through QUINSA, and has been highlighted by the U.S. PQFIF for its regulator-friendly architecture. By adding cryptographically enforced issuer controls and compliance-ready integrations while preserving existing user and merchant workflows, this PoC demonstrates that PQC can be deployed at national scale with carrier-grade performance and without operational disruption.
"Danal's reach and track record make it the ideal environment to validate QSSN at real-world scale," said Olivier Roussy Newton, CEO of BTQ. "This PoC is about delivering quantum-secure settlement and modern issuer controls without changing what users do at checkout. It is a major step toward bringing global standardization and post-quantum readiness to everyday payments."
"Our priority is to enhance trust, efficiency, and compliance across our payment network while keeping the experience simple for users and merchants," said a Danal Official. "QSSN's design fits that mandate: add security and control where it counts, keep everything else familiar."
About QSSN
QSSN is BTQ's quantum-secure settlement layer for stablecoins, tokenized deposits, and other digital money instruments. It provides:
Post-quantum cryptography for long-term security;
Issuer-level controls such as mint/burn permissions, velocity limits, and blacklist/whitelist rules;
Compliance-ready hooks to support existing regulatory workflows;
Drop-in integration that preserves current user and merchant flows.
About Danal
Founded in 1997 and listed on KOSDAQ (064260), Danal is Korea's #1 mobile carrier billing provider with the leading market share in the segment. Its payments infrastructure serves tens of millions of users via telecom partnerships and online merchants. Danal operates Paycoin (PCI), among Korea's first and most widely adopted crypto-based payment services, and provides solutions across e-commerce, gaming, digital content, and offline retail. With subsidiaries and partnerships in the U.S., China, and other regions, Danal is deeply embedded in Korea's digital economy and trusted by major telcos, banks, and regulators.
About BTQ
BTQ Technologies Corp. (NASDAQ: BTQ | Cboe CA: BTQ | FSE: NG3) is a vertically integrated quantum company accelerating the transition from classical networks to the quantum internet. Backed by a broad patent portfolio, BTQ pioneered the industry's first commercially significant quantum advantage and now delivers a full-stack, neutral-atom quantum computing platform with end-to-end hardware, middleware, and post-quantum security solutions for finance, telecommunications, logistics, life sciences, and defense.
Connect with BTQ: Website | LinkedIn | X/Twitter
ON BEHALF OF THE BOARD OF DIRECTORS
Olivier Roussy Newton
CEO, Chairman
Neither Cboe Canada nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release.
Forward Looking Information
Certain statements herein contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to the business plans of the Company, including with respect to its research partnerships, and anticipated markets in which the Company may be listing its common shares. Forward-looking statements or information often can be identified by the use of words such as "anticipate", "intend", "expect", "plan" or "may" and the variations of these words are intended to identify forward-looking statements and information.
The Company has made numerous assumptions including among other things, assumptions about general business and economic conditions, the development of post-quantum algorithms and quantum vulnerabilities, and the quantum computing industry generally. The foregoing list of assumptions is not exhaustive.
Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that forward-looking statements or information herein will prove to be accurate. Forward-looking statements and information are based on assumptions and involve known and unknown risks which may cause actual results to be materially different from any future results, expressed or implied, by such forward-looking statements or information. These factors include risks relating to: the availability of financing for the Company; business and economic conditions in the post-quantum and encryption computing industries generally; the speculative nature of the Company's research and development programs; the supply and demand for labour and technological post-quantum and encryption technology; unanticipated events related to regulatory and licensing matters and environmental matters; changes in general economic conditions or conditions in the financial markets; changes in laws (including regulations respecting blockchains); risks related to the direct and indirect impact of COVID-19 including, but not limited to, its impact on general economic conditions, the ability to obtain financing as required, and causing potential delays to research and development activities; and other risk factors as detailed from time to time. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
SOURCE BTQ Technologies Corp.
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2025-09-29 23:132mo ago
2025-09-29 19:012mo ago
Williams-Sonoma (WSM) Stock Dips While Market Gains: Key Facts
Williams-Sonoma (WSM - Free Report) closed the most recent trading day at $191.98, moving -4.65% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 0.26% for the day. Meanwhile, the Dow experienced a rise of 0.15%, and the technology-dominated Nasdaq saw an increase of 0.48%.
Shares of the seller of cookware and home furnishings have appreciated by 6.99% over the course of the past month, outperforming the Retail-Wholesale sector's gain of 0.76%, and the S&P 500's gain of 2.87%.
The investment community will be closely monitoring the performance of Williams-Sonoma in its forthcoming earnings report. It is anticipated that the company will report an EPS of $1.87, marking a 4.59% fall compared to the same quarter of the previous year. In the meantime, our current consensus estimate forecasts the revenue to be $1.85 billion, indicating a 2.84% growth compared to the corresponding quarter of the prior year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $8.55 per share and a revenue of $7.82 billion, signifying shifts of -2.73% and +1.38%, respectively, from the last year.
It is also important to note the recent changes to analyst estimates for Williams-Sonoma. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the business outlook.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Within the past 30 days, our consensus EPS projection has moved 0.16% higher. As of now, Williams-Sonoma holds a Zacks Rank of #3 (Hold).
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Prior to today's trading, shares of the construction company had gained 9.72% outpaced the Construction sector's loss of 1.68% and the S&P 500's gain of 2.87%.
Investors will be eagerly watching for the performance of Tutor Perini in its upcoming earnings disclosure. The company's upcoming EPS is projected at $0.96, signifying a 150.00% increase compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $1.34 billion, reflecting a 24.08% rise from the equivalent quarter last year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $3.78 per share and a revenue of $5.24 billion, indicating changes of +220.77% and +21.18%, respectively, from the former year.
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Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Tutor Perini presently features a Zacks Rank of #1 (Strong Buy).
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Ensure to harness Zacks.com to stay updated with all these stock-shifting metrics, among others, in the next trading sessions.
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AngloGold Ashanti (AU) Beats Stock Market Upswing: What Investors Need to Know
AngloGold Ashanti (AU - Free Report) closed at $69.29 in the latest trading session, marking a +1.45% move from the prior day. This change outpaced the S&P 500's 0.26% gain on the day. At the same time, the Dow added 0.15%, and the tech-heavy Nasdaq gained 0.48%.
Shares of the gold miner have appreciated by 20.54% over the course of the past month, outperforming the Basic Materials sector's gain of 4.08%, and the S&P 500's gain of 2.87%.
Market participants will be closely following the financial results of AngloGold Ashanti in its upcoming release. The company is predicted to post an EPS of $1.21, indicating a 116.07% growth compared to the equivalent quarter last year. In the meantime, our current consensus estimate forecasts the revenue to be $2.42 billion, indicating a 62.12% growth compared to the corresponding quarter of the prior year.
In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $5.31 per share and a revenue of $9.01 billion, indicating changes of +140.27% and +55.59%, respectively, from the former year.
Investors should also pay attention to any latest changes in analyst estimates for AngloGold Ashanti. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
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Sony (SONY) Stock Slides as Market Rises: Facts to Know Before You Trade
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The electronics and media company's stock has climbed by 8.21% in the past month, exceeding the Consumer Discretionary sector's loss of 0.21% and the S&P 500's gain of 2.87%.
The investment community will be paying close attention to the earnings performance of Sony in its upcoming release. It is anticipated that the company will report an EPS of $0.33, marking a 10.81% fall compared to the same quarter of the previous year. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $20.04 billion, up 2.64% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $1.18 per share and a revenue of $81.05 billion, demonstrating changes of -4.07% and -4.7%, respectively, from the preceding year.
Investors should also note any recent changes to analyst estimates for Sony. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Research indicates that these estimate revisions are directly correlated with near-term share price momentum. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. The Zacks Consensus EPS estimate has moved 1.29% higher within the past month. Sony is currently a Zacks Rank #3 (Hold).
Valuation is also important, so investors should note that Sony has a Forward P/E ratio of 25.24 right now. For comparison, its industry has an average Forward P/E of 25.24, which means Sony is trading at no noticeable deviation to the group.
The Audio Video Production industry is part of the Consumer Discretionary sector. With its current Zacks Industry Rank of 101, this industry ranks in the top 41% of all industries, numbering over 250.
The Zacks Industry Rank assesses the strength of our separate industry groups by calculating the average Zacks Rank of the individual stocks contained within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
2025-09-29 23:132mo ago
2025-09-29 19:012mo ago
Upstart Holdings, Inc. (UPST) Stock Drops Despite Market Gains: Important Facts to Note
In the latest trading session, Upstart Holdings, Inc. (UPST - Free Report) closed at $52.74, marking a -8.04% move from the previous day. The stock fell short of the S&P 500, which registered a gain of 0.26% for the day. Elsewhere, the Dow gained 0.15%, while the tech-heavy Nasdaq added 0.48%.
Shares of the company witnessed a loss of 21.74% over the previous month, trailing the performance of the Finance sector with its gain of 1.73%, and the S&P 500's gain of 2.87%.
The investment community will be closely monitoring the performance of Upstart Holdings, Inc. in its forthcoming earnings report. The company's upcoming EPS is projected at $0.42, signifying a 800.00% increase compared to the same quarter of the previous year. Simultaneously, our latest consensus estimate expects the revenue to be $281.02 million, showing a 73.32% escalation compared to the year-ago quarter.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $1.66 per share and a revenue of $963.44 million, signifying shifts of +930% and +51.36%, respectively, from the last year.
It is also important to note the recent changes to analyst estimates for Upstart Holdings, Inc. These revisions help to show the ever-changing nature of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. As of now, Upstart Holdings, Inc. holds a Zacks Rank of #2 (Buy).
Digging into valuation, Upstart Holdings, Inc. currently has a Forward P/E ratio of 34.55. This represents a premium compared to its industry average Forward P/E of 12.97.
The Financial - Miscellaneous Services industry is part of the Finance sector. This industry, currently bearing a Zacks Industry Rank of 76, finds itself in the top 31% echelons of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
2025-09-29 23:132mo ago
2025-09-29 19:012mo ago
Twilio (TWLO) Outperforms Broader Market: What You Need to Know
Twilio (TWLO - Free Report) ended the recent trading session at $104.29, demonstrating a +1.91% change from the preceding day's closing price. This move outpaced the S&P 500's daily gain of 0.26%. At the same time, the Dow added 0.15%, and the tech-heavy Nasdaq gained 0.48%.
Prior to today's trading, shares of the company had lost 3.1% lagged the Computer and Technology sector's gain of 7.4% and the S&P 500's gain of 2.87%.
The investment community will be closely monitoring the performance of Twilio in its forthcoming earnings report. It is anticipated that the company will report an EPS of $1.05, marking a 2.94% rise compared to the same quarter of the previous year. Our most recent consensus estimate is calling for quarterly revenue of $1.25 billion, up 10.4% from the year-ago period.
For the full year, the Zacks Consensus Estimates project earnings of $4.48 per share and a revenue of $4.91 billion, demonstrating changes of +22.07% and +10.14%, respectively, from the preceding year.
Any recent changes to analyst estimates for Twilio should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, which varies between #1 (Strong Buy) and #5 (Strong Sell), carries an impressive track record of exceeding expectations, confirmed by external audits, with stocks at #1 delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has remained unchanged. Twilio is holding a Zacks Rank of #3 (Hold) right now.
Valuation is also important, so investors should note that Twilio has a Forward P/E ratio of 22.84 right now. This valuation marks a discount compared to its industry average Forward P/E of 29.71.
Also, we should mention that TWLO has a PEG ratio of 1.2. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. By the end of yesterday's trading, the Internet - Software industry had an average PEG ratio of 2.27.
The Internet - Software industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 71, putting it in the top 29% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
2025-09-29 23:132mo ago
2025-09-29 19:012mo ago
NetApp (NTAP) Stock Drops Despite Market Gains: Important Facts to Note
In the latest trading session, NetApp (NTAP - Free Report) closed at $118.52, marking a -1.13% move from the previous day. The stock's change was less than the S&P 500's daily gain of 0.26%. Meanwhile, the Dow experienced a rise of 0.15%, and the technology-dominated Nasdaq saw an increase of 0.48%.
Shares of the data storage company have appreciated by 6.29% over the course of the past month, underperforming the Computer and Technology sector's gain of 7.4%, and outperforming the S&P 500's gain of 2.87%.
Investors will be eagerly watching for the performance of NetApp in its upcoming earnings disclosure. On that day, NetApp is projected to report earnings of $1.89 per share, which would represent year-over-year growth of 1.07%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $1.69 billion, up 1.68% from the year-ago period.
NTAP's full-year Zacks Consensus Estimates are calling for earnings of $7.77 per share and revenue of $6.76 billion. These results would represent year-over-year changes of +7.17% and +2.85%, respectively.
Investors should also note any recent changes to analyst estimates for NetApp. These recent revisions tend to reflect the evolving nature of short-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 1.15% higher. NetApp is currently a Zacks Rank #3 (Hold).
From a valuation perspective, NetApp is currently exchanging hands at a Forward P/E ratio of 15.43. Its industry sports an average Forward P/E of 16.36, so one might conclude that NetApp is trading at a discount comparatively.
Investors should also note that NTAP has a PEG ratio of 2.1 right now. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. Computer- Storage Devices stocks are, on average, holding a PEG ratio of 2.1 based on yesterday's closing prices.
The Computer- Storage Devices industry is part of the Computer and Technology sector. This group has a Zacks Industry Rank of 207, putting it in the bottom 17% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Keep in mind to rely on Zacks.com to watch all these stock-impacting metrics, and more, in the succeeding trading sessions.
2025-09-29 23:132mo ago
2025-09-29 19:012mo ago
Sweetgreen, Inc. (SG) Stock Falls Amid Market Uptick: What Investors Need to Know
In the latest close session, Sweetgreen, Inc. (SG - Free Report) was down 1.6% at $8.02. This change lagged the S&P 500's 0.26% gain on the day. Elsewhere, the Dow gained 0.15%, while the tech-heavy Nasdaq added 0.48%.
Shares of the company witnessed a loss of 10.44% over the previous month, trailing the performance of the Retail-Wholesale sector with its gain of 0.76%, and the S&P 500's gain of 2.87%.
The investment community will be paying close attention to the earnings performance of Sweetgreen, Inc. in its upcoming release. On that day, Sweetgreen, Inc. is projected to report earnings of -$0.16 per share, which would represent year-over-year growth of 11.11%. In the meantime, our current consensus estimate forecasts the revenue to be $183.58 million, indicating a 5.85% growth compared to the corresponding quarter of the prior year.
SG's full-year Zacks Consensus Estimates are calling for earnings of -$0.71 per share and revenue of $713.85 million. These results would represent year-over-year changes of +10.13% and +5.47%, respectively.
Investors might also notice recent changes to analyst estimates for Sweetgreen, Inc. These latest adjustments often mirror the shifting dynamics of short-term business patterns. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 4.48% downward. As of now, Sweetgreen, Inc. holds a Zacks Rank of #4 (Sell).
The Retail - Restaurants industry is part of the Retail-Wholesale sector. With its current Zacks Industry Rank of 193, this industry ranks in the bottom 22% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
2025-09-29 23:132mo ago
2025-09-29 19:012mo ago
Booking Holdings (BKNG) Stock Dips While Market Gains: Key Facts
Booking Holdings (BKNG - Free Report) ended the recent trading session at $5,448.03, demonstrating a -1.8% change from the preceding day's closing price. This change lagged the S&P 500's 0.26% gain on the day. Meanwhile, the Dow experienced a rise of 0.15%, and the technology-dominated Nasdaq saw an increase of 0.48%.
Coming into today, shares of the online booking service had lost 0.91% in the past month. In that same time, the Retail-Wholesale sector gained 0.76%, while the S&P 500 gained 2.87%.
Market participants will be closely following the financial results of Booking Holdings in its upcoming release. On that day, Booking Holdings is projected to report earnings of $95.56 per share, which would represent year-over-year growth of 13.91%. Simultaneously, our latest consensus estimate expects the revenue to be $8.71 billion, showing a 9.01% escalation compared to the year-ago quarter.
Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $220.74 per share and revenue of $26.36 billion, indicating changes of +17.98% and +11.03%, respectively, compared to the previous year.
Any recent changes to analyst estimates for Booking Holdings should also be noted by investors. These recent revisions tend to reflect the evolving nature of short-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Currently, Booking Holdings is carrying a Zacks Rank of #3 (Hold).
With respect to valuation, Booking Holdings is currently being traded at a Forward P/E ratio of 25.13. This denotes a premium relative to the industry average Forward P/E of 22.36.
One should further note that BKNG currently holds a PEG ratio of 1.6. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company's expected earnings growth trajectory. The Internet - Commerce was holding an average PEG ratio of 1.47 at yesterday's closing price.
The Internet - Commerce industry is part of the Retail-Wholesale sector. This industry, currently bearing a Zacks Industry Rank of 71, finds itself in the top 29% echelons of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
2025-09-29 23:132mo ago
2025-09-29 19:012mo ago
ConocoPhillips (COP) Stock Falls Amid Market Uptick: What Investors Need to Know
In the latest close session, ConocoPhillips (COP - Free Report) was down 2.67% at $95.85. The stock's change was less than the S&P 500's daily gain of 0.26%. On the other hand, the Dow registered a gain of 0.15%, and the technology-centric Nasdaq increased by 0.48%.
The energy company's stock has dropped by 0.5% in the past month, falling short of the Oils-Energy sector's gain of 4.06% and the S&P 500's gain of 2.87%.
Market participants will be closely following the financial results of ConocoPhillips in its upcoming release. The company plans to announce its earnings on November 6, 2025. In that report, analysts expect ConocoPhillips to post earnings of $1.45 per share. This would mark a year-over-year decline of 18.54%. Meanwhile, the latest consensus estimate predicts the revenue to be $15.01 billion, indicating a 10.36% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates project earnings of $6.38 per share and a revenue of $61.26 billion, demonstrating changes of -18.1% and +7.56%, respectively, from the preceding year.
Investors should also pay attention to any latest changes in analyst estimates for ConocoPhillips. Such recent modifications usually signify the changing landscape of near-term business trends. As such, positive estimate revisions reflect analyst optimism about the business and profitability.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system, spanning from #1 (Strong Buy) to #5 (Strong Sell), boasts an impressive track record of outperformance, audited externally, with #1 ranked stocks yielding an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.53% downward. Currently, ConocoPhillips is carrying a Zacks Rank of #3 (Hold).
In the context of valuation, ConocoPhillips is at present trading with a Forward P/E ratio of 15.44. This valuation marks a discount compared to its industry average Forward P/E of 16.75.
Meanwhile, COP's PEG ratio is currently 2.59. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Oil and Gas - Integrated - United States was holding an average PEG ratio of 2.54 at yesterday's closing price.
The Oil and Gas - Integrated - United States industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 171, which puts it in the bottom 31% of all 250+ industries.
The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Don't forget to use Zacks.com to keep track of all these stock-moving metrics, and others, in the upcoming trading sessions.
2025-09-29 23:132mo ago
2025-09-29 19:012mo ago
Dorian LPG (LPG) Stock Drops Despite Market Gains: Important Facts to Note
Dorian LPG (LPG - Free Report) ended the recent trading session at $30.12, demonstrating a -3.49% change from the preceding day's closing price. The stock fell short of the S&P 500, which registered a gain of 0.26% for the day. Meanwhile, the Dow gained 0.15%, and the Nasdaq, a tech-heavy index, added 0.48%.
The stock of liquified petroleum gas shipping company has fallen by 2.41% in the past month, lagging the Transportation sector's loss of 0.61% and the S&P 500's gain of 2.87%.
Analysts and investors alike will be keeping a close eye on the performance of Dorian LPG in its upcoming earnings disclosure. The company is expected to report EPS of $1.4, up 300% from the prior-year quarter. At the same time, our most recent consensus estimate is projecting a revenue of $120.72 million, reflecting a 47.8% rise from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $3.91 per share and a revenue of $410.88 million, demonstrating changes of +72.25% and +17.43%, respectively, from the preceding year.
Investors might also notice recent changes to analyst estimates for Dorian LPG. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Dorian LPG currently has a Zacks Rank of #3 (Hold).
With respect to valuation, Dorian LPG is currently being traded at a Forward P/E ratio of 7.98. For comparison, its industry has an average Forward P/E of 11.29, which means Dorian LPG is trading at a discount to the group.
The Transportation - Shipping industry is part of the Transportation sector. Currently, this industry holds a Zacks Industry Rank of 61, positioning it in the top 25% of all 250+ industries.
The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
2025-09-29 23:132mo ago
2025-09-29 19:012mo ago
NRG Energy (NRG) Stock Dips While Market Gains: Key Facts
NRG Energy (NRG - Free Report) ended the recent trading session at $165.34, demonstrating a -1.92% change from the preceding day's closing price. The stock's change was less than the S&P 500's daily gain of 0.26%. Elsewhere, the Dow gained 0.15%, while the tech-heavy Nasdaq added 0.48%.
Shares of the power company witnessed a gain of 15.81% over the previous month, beating the performance of the Utilities sector with its gain of 1.73%, and the S&P 500's gain of 2.87%.
Analysts and investors alike will be keeping a close eye on the performance of NRG Energy in its upcoming earnings disclosure. The company's earnings report is set to go public on November 6, 2025. It is anticipated that the company will report an EPS of $1.93, marking a 4.32% rise compared to the same quarter of the previous year. At the same time, our most recent consensus estimate is projecting a revenue of $7.18 billion, reflecting a 0.65% fall from the equivalent quarter last year.
For the full year, the Zacks Consensus Estimates project earnings of $7.98 per share and a revenue of $29.99 billion, demonstrating changes of +20.18% and +6.61%, respectively, from the preceding year.
Any recent changes to analyst estimates for NRG Energy should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 0.13% increase. Currently, NRG Energy is carrying a Zacks Rank of #3 (Hold).
With respect to valuation, NRG Energy is currently being traded at a Forward P/E ratio of 21.12. For comparison, its industry has an average Forward P/E of 18.24, which means NRG Energy is trading at a premium to the group.
Meanwhile, NRG's PEG ratio is currently 1.37. Comparable to the widely accepted P/E ratio, the PEG ratio also accounts for the company's projected earnings growth. As of the close of trade yesterday, the Utility - Electric Power industry held an average PEG ratio of 2.78.
The Utility - Electric Power industry is part of the Utilities sector. At present, this industry carries a Zacks Industry Rank of 79, placing it within the top 32% of over 250 industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Remember to apply Zacks.com to follow these and more stock-moving metrics during the upcoming trading sessions.
2025-09-29 23:132mo ago
2025-09-29 19:012mo ago
Compared to Estimates, Jefferies (JEF) Q3 Earnings: A Look at Key Metrics
Jefferies (JEF - Free Report) reported $2.05 billion in revenue for the quarter ended August 2025, representing a year-over-year increase of 21.6%. EPS of $1.05 for the same period compares to $0.75 a year ago.
The reported revenue represents a surprise of +8.2% over the Zacks Consensus Estimate of $1.89 billion. With the consensus EPS estimate being $0.79, the EPS surprise was +32.91%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Jefferies performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Revenues by Source- Total Asset Management Net revenues: $176.88 million versus $158.61 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +199.7% change.Net Revenues by Source- Total Investment Banking and Capital Markets Net revenues: $1.86 billion versus $1.73 billion estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +14.7% change.Net Revenues by Source- Total Asset Management Net revenues- Investment return: $68.03 million versus $54.88 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -269.5% change.Net Revenues by Source- Total Asset Management Net revenues- Allocated net interest: $-18.55 million versus the two-analyst average estimate of $-18.66 million. The reported number represents a year-over-year change of +15.8%.Net Revenues by Source- Total Capital Markets: $723.38 million versus $709.12 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +7.9% change.Net Revenues by Source- Total Capital Markets- Equities: $486.7 million compared to the $422.83 million average estimate based on two analysts. The reported number represents a change of +27.6% year over year.Net Revenues by Source- Total Capital Markets- Fixed income: $236.69 million compared to the $286.29 million average estimate based on two analysts. The reported number represents a change of -18.2% year over year.Net Revenues by Source- Total Investment Banking- Total underwriting- Advisory: $655.58 million compared to the $662.11 million average estimate based on two analysts. The reported number represents a change of +10.7% year over year.Net Revenues by Source- Total Investment Banking- Other investment banking: $49.02 million versus the two-analyst average estimate of $-2.5 million. The reported number represents a year-over-year change of +105.6%.Net Revenues by Source- Total Investment Banking: $1.14 billion compared to the $1.02 billion average estimate based on two analysts. The reported number represents a change of +19.6% year over year.Net Revenues by Source- Total Investment Banking- Total underwriting- Debt underwriting: $249.53 million versus the two-analyst average estimate of $191.28 million. The reported number represents a year-over-year change of +36.3%.Net Revenues by Source- Total Investment Banking- Total underwriting- Equity underwriting: $181.21 million compared to the $172.46 million average estimate based on two analysts. The reported number represents a change of +20.7% year over year.View all Key Company Metrics for Jefferies here>>>
Shares of Jefferies have returned +2.9% over the past month versus the Zacks S&P 500 composite's +2.9% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
2025-09-29 23:132mo ago
2025-09-29 19:012mo ago
Warner Bros. Discovery (WBD) Stock Falls Amid Market Uptick: What Investors Need to Know
In the latest trading session, Warner Bros. Discovery (WBD - Free Report) closed at $18.86, marking a -3.33% move from the previous day. The stock's performance was behind the S&P 500's daily gain of 0.26%. Elsewhere, the Dow saw an upswing of 0.15%, while the tech-heavy Nasdaq appreciated by 0.48%.
Coming into today, shares of the operator of cable TV channels such as TLC and Animal Planet had gained 67.61% in the past month. In that same time, the Consumer Discretionary sector lost 0.21%, while the S&P 500 gained 2.87%.
The upcoming earnings release of Warner Bros. Discovery will be of great interest to investors. It is anticipated that the company will report an EPS of -$0.08, marking a 260% fall compared to the same quarter of the previous year. Meanwhile, our latest consensus estimate is calling for revenue of $9.13 billion, down 5.17% from the prior-year quarter.
For the full year, the Zacks Consensus Estimates project earnings of $0.34 per share and a revenue of $37.52 billion, demonstrating changes of +107.36% and -4.58%, respectively, from the preceding year.
Any recent changes to analyst estimates for Warner Bros. Discovery should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, stretching from #1 (Strong Buy) to #5 (Strong Sell), has a noteworthy track record of outperforming, validated by third-party audits, with stocks rated #1 producing an average annual return of +25% since the year 1988. Over the last 30 days, the Zacks Consensus EPS estimate has witnessed a 2.17% increase. Warner Bros. Discovery is currently a Zacks Rank #3 (Hold).
In terms of valuation, Warner Bros. Discovery is presently being traded at a Forward P/E ratio of 58. For comparison, its industry has an average Forward P/E of 29.62, which means Warner Bros. Discovery is trading at a premium to the group.
Also, we should mention that WBD has a PEG ratio of 2.54. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Broadcast Radio and Television stocks are, on average, holding a PEG ratio of 2.01 based on yesterday's closing prices.
The Broadcast Radio and Television industry is part of the Consumer Discretionary sector. With its current Zacks Industry Rank of 183, this industry ranks in the bottom 26% of all industries, numbering over 250.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
In the latest close session, Crocs (CROX - Free Report) was up +2.48% at $83.76. The stock outperformed the S&P 500, which registered a daily gain of 0.26%. Elsewhere, the Dow saw an upswing of 0.15%, while the tech-heavy Nasdaq appreciated by 0.48%.
Shares of the footwear company have depreciated by 6.27% over the course of the past month, underperforming the Consumer Discretionary sector's loss of 0.21%, and the S&P 500's gain of 2.87%.
Analysts and investors alike will be keeping a close eye on the performance of Crocs in its upcoming earnings disclosure. The company's earnings per share (EPS) are projected to be $2.38, reflecting a 33.89% decrease from the same quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $964.05 million, down 9.24% from the year-ago period.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $11.55 per share and a revenue of $3.99 billion, signifying shifts of -12.3% and -2.69%, respectively, from the last year.
Investors should also note any recent changes to analyst estimates for Crocs. Such recent modifications usually signify the changing landscape of near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research demonstrates that these adjustments in estimates directly associate with imminent stock price performance. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 0.1% lower. Crocs is currently sporting a Zacks Rank of #5 (Strong Sell).
From a valuation perspective, Crocs is currently exchanging hands at a Forward P/E ratio of 7.07. This indicates a discount in contrast to its industry's Forward P/E of 15.29.
We can also see that CROX currently has a PEG ratio of 1.88. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. The average PEG ratio for the Textile - Apparel industry stood at 2.26 at the close of the market yesterday.
The Textile - Apparel industry is part of the Consumer Discretionary sector. Currently, this industry holds a Zacks Industry Rank of 177, positioning it in the bottom 29% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
2025-09-29 23:132mo ago
2025-09-29 19:012mo ago
AppFolio (APPF) Exceeds Market Returns: Some Facts to Consider
In the latest close session, AppFolio (APPF - Free Report) was up +1.46% at $282.61. This change outpaced the S&P 500's 0.26% gain on the day. Meanwhile, the Dow experienced a rise of 0.15%, and the technology-dominated Nasdaq saw an increase of 0.48%.
Prior to today's trading, shares of the property management software maker had gained 0.41% lagged the Computer and Technology sector's gain of 7.4% and the S&P 500's gain of 2.87%.
Analysts and investors alike will be keeping a close eye on the performance of AppFolio in its upcoming earnings disclosure. The company is forecasted to report an EPS of $1.45, showcasing a 11.54% upward movement from the corresponding quarter of the prior year. In the meantime, our current consensus estimate forecasts the revenue to be $246.08 million, indicating a 19.61% growth compared to the corresponding quarter of the prior year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $5.36 per share and a revenue of $943.55 million, signifying shifts of +22.65% and +18.8%, respectively, from the last year.
Investors should also note any recent changes to analyst estimates for AppFolio. Recent revisions tend to reflect the latest near-term business trends. As a result, upbeat changes in estimates indicate analysts' favorable outlook on the business health and profitability.
Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.
The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. As of now, AppFolio holds a Zacks Rank of #3 (Hold).
Investors should also note AppFolio's current valuation metrics, including its Forward P/E ratio of 51.97. Its industry sports an average Forward P/E of 29.71, so one might conclude that AppFolio is trading at a premium comparatively.
The Internet - Software industry is part of the Computer and Technology sector. At present, this industry carries a Zacks Industry Rank of 71, placing it within the top 29% of over 250 industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to follow all of these stock-moving metrics, and many more, on Zacks.com.
2025-09-29 23:132mo ago
2025-09-29 19:012mo ago
Compared to Estimates, Vail Resorts (MTN) Q4 Earnings: A Look at Key Metrics
Vail Resorts (MTN - Free Report) reported $271.29 million in revenue for the quarter ended July 2025, representing a year-over-year increase of 2.2%. EPS of -$5.08 for the same period compares to -$4.67 a year ago.
The reported revenue represents a surprise of -0.21% over the Zacks Consensus Estimate of $271.87 million. With the consensus EPS estimate being -$4.75, the EPS surprise was -6.95%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Vail Resorts performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Mountain - Total skier visits: 0.75 thousand compared to the 0.75 thousand average estimate based on three analysts.Lodging - Managed condominium statistics - RevPAR: $48.62 compared to the $46.15 average estimate based on three analysts.Lodging - Owned hotel statistics - RevPAR: $185.37 versus $178.07 estimated by three analysts on average.Mountain - ETP: $63.20 versus the three-analyst average estimate of $59.70.Net Revenue- Lodging net revenue: $90.27 million versus the six-analyst average estimate of $88.25 million. The reported number represents a year-over-year change of +0.9%.Net Revenue- Mountain net revenue: $180.93 million versus the six-analyst average estimate of $179.08 million. The reported number represents a year-over-year change of +2.9%.Net Revenue- Resort net revenue: $271.2 million versus the four-analyst average estimate of $267.74 million. The reported number represents a year-over-year change of +2.2%.Net Revenue- Real estate: $0.09 million versus the four-analyst average estimate of $0.34 million. The reported number represents a year-over-year change of 0%.Net Revenue- Mountain net revenue- Other: $81.1 million versus $71.77 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +6.9% change.Net Revenue- Lodging net revenue- Managed condominium rooms: $10.11 million compared to the $10.46 million average estimate based on three analysts. The reported number represents a change of -3.7% year over year.Net Revenue- Mountain net revenue- Retail/rental: $24.09 million versus the three-analyst average estimate of $26.29 million. The reported number represents a year-over-year change of -0.9%.Net Revenue- Mountain net revenue- Dining: $18.39 million compared to the $20.51 million average estimate based on three analysts. The reported number represents a change of +2.4% year over year.View all Key Company Metrics for Vail Resorts here>>>
Shares of Vail Resorts have returned -9.8% over the past month versus the Zacks S&P 500 composite's +2.9% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
2025-09-29 23:132mo ago
2025-09-29 19:012mo ago
Amkor Technology (AMKR) Stock Drops Despite Market Gains: Important Facts to Note
In the latest trading session, Amkor Technology (AMKR - Free Report) closed at $28.52, marking a -1.74% move from the previous day. This change lagged the S&P 500's daily gain of 0.26%. Meanwhile, the Dow gained 0.15%, and the Nasdaq, a tech-heavy index, added 0.48%.
Prior to today's trading, shares of the chip packaging and test services provider had gained 19.99% outpaced the Computer and Technology sector's gain of 7.4% and the S&P 500's gain of 2.87%.
Investors will be eagerly watching for the performance of Amkor Technology in its upcoming earnings disclosure. The company is forecasted to report an EPS of $0.42, showcasing a 14.29% downward movement from the corresponding quarter of the prior year. Meanwhile, the latest consensus estimate predicts the revenue to be $1.93 billion, indicating a 3.61% increase compared to the same quarter of the previous year.
For the full year, the Zacks Consensus Estimates are projecting earnings of $1.1 per share and revenue of $6.44 billion, which would represent changes of -23.08% and +2.01%, respectively, from the prior year.
Investors should also pay attention to any latest changes in analyst estimates for Amkor Technology. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research suggests that these changes in estimates have a direct relationship with upcoming stock price performance. Investors can capitalize on this by using the Zacks Rank. This model considers these estimate changes and provides a simple, actionable rating system.
The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Right now, Amkor Technology possesses a Zacks Rank of #3 (Hold).
From a valuation perspective, Amkor Technology is currently exchanging hands at a Forward P/E ratio of 26.51. This signifies a discount in comparison to the average Forward P/E of 36.31 for its industry.
The Electronics - Semiconductors industry is part of the Computer and Technology sector. Currently, this industry holds a Zacks Industry Rank of 189, positioning it in the bottom 24% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
2025-09-29 23:132mo ago
2025-09-29 19:012mo ago
Progress Software (PRGS) Reports Q3 Earnings: What Key Metrics Have to Say
Progress Software (PRGS - Free Report) reported $249.8 million in revenue for the quarter ended August 2025, representing a year-over-year increase of 39.8%. EPS of $1.50 for the same period compares to $1.26 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $240.35 million, representing a surprise of +3.93%. The company delivered an EPS surprise of +15.38%, with the consensus EPS estimate being $1.30.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how Progress Software performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Revenue- Software licenses: $63.44 million compared to the $65.52 million average estimate based on two analysts. The reported number represents a change of +9.7% year over year.Revenue- Maintenance: $104.85 million versus the two-analyst average estimate of $107.45 million. The reported number represents a year-over-year change of +1.7%.Revenue- Maintenance and services (Maintenance, SaaS and professional services): $186.36 million compared to the $174.2 million average estimate based on two analysts. The reported number represents a change of +54.2% year over year.View all Key Company Metrics for Progress Software here>>>
Shares of Progress Software have returned -9.2% over the past month versus the Zacks S&P 500 composite's +2.9% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
2025-09-29 23:132mo ago
2025-09-29 19:032mo ago
Prime Mining Securityholders Approve Transaction with Torex Gold
VANCOUVER, British Columbia, Sept. 29, 2025 (GLOBE NEWSWIRE) -- Prime Mining Corp. (“Prime” or the “Company”) (TSX: PRYM) (OTCQX: PRMNF) (Frankfurt: O4V3) announces that the Company's securityholders have approved the plan of arrangement (the "Arrangement") with Torex Gold Resources Inc. (“Torex”), whereby Torex will, among other things, acquire all of the issued and outstanding common shares of the Company (the “Prime Shares”). The vote was passed at Prime's special meeting of securityholders (the "Meeting") held earlier today.
The special resolution approving the Arrangement was approved by (i) 99.991 % of the votes cast by the shareholders of Prime (the “Shareholders”); (ii) 99.991 % of the votes cast by the Shareholders and the holders of options to acquire Prime Shares, restricted share units, deferred share units and warrants to purchase Prime Shares, voting together as a single class; and (iii) 99.991% of the votes cast by the Shareholders, excluding those votes attached to Prime Shares held by persons required to be excluded pursuant to Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions.
Shareholders of Torex are not required to vote on the Arrangement.
The closing of the Arrangement is expected to occur in Q4 2025. In addition to securityholder and court approvals, the Arrangement is subject to applicable regulatory approvals (including approvals of the TSX and clearance under Mexican antitrust laws) and the satisfaction of certain other closing conditions customary for a transaction of this nature. The report of voting results will be available under the Company's profile on SEDAR+ at www.sedarplus.ca.
About Prime Mining
Prime is managed by an ideal mix of successful mining executives, strong capital markets personnel and experienced local operators all focused on unlocking the full potential of the Los Reyes Project. The Company has a well-planned capital structure with a strong management team and insider ownership.
For further information, please visit https://www.primeminingcorp.ca/ or direct enquiries to:
Scott Hicks
CEO & Director
Indi Gopinathan
VP Capital Markets & Business Development
Prime Mining Corp.
710 – 1030 West Georgia St.
Vancouver, BC V6E 2Y3 Canada
+1(604) 238-1659 [email protected]
Forward Looking Information
This news release contains certain “forward-looking information” and “forward-looking statements” within the meaning of Canadian securities legislation as may be amended from time to time, including, without limitation, statements regarding the consummation and anticipated timing of the Arrangement, the satisfaction or waiver of the conditions precedent to the Arrangement, the receipt of required court and regulatory approvals and the expected timing of closing of the Arrangement. Forward-looking statements are statements that are not historical facts which address events, results, outcomes, or developments that the Company expects to occur. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made, and they involve several risks and uncertainties. Certain material assumptions regarding such forward-looking statements were made, including without limitation, assumptions regarding the price of gold, silver and copper; the accuracy of mineral resource estimations; that there will be no material adverse change affecting the Company or its properties; that all required approvals will be obtained, including concession renewals and permitting; that political and legal developments will be consistent with current expectations; that currency and exchange rates will be consistent with current levels; and that there will be no significant disruptions affecting the Company or its properties. Consequently, there can be no assurances that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements involve significant known and unknown risks and uncertainties, which could cause actual results to differ materially from those anticipated. These risks include, but are not limited to: risks related to the receipt of required court and regulatory approvals and the satisfaction or waiver of conditions precedent to the Arrangement, risks related to uncertainties inherent in the preparation of mineral resource estimates, including but not limited to changes to the cost assumptions, variations in quantity of mineralized material, grade or recovery rates, changes to geotechnical or hydrogeological considerations, failure of plant, equipment or processes, changes to availability of power or the power rates, ability to maintain social license, changes to interest or tax rates, changes in project parameters, delays and costs inherent to consulting and accommodating rights of local communities, environmental risks, title risks, including concession renewal, commodity price and exchange rate fluctuations, risks relating to COVID-19 and other future pandemics, delays in or failure to receive access agreements, on-going receipt of amended and/or operating permits, risks inherent in the estimation of mineral resources; and risks associated with executing the Company’s objectives and strategies, including costs and expenses, physical access to the property, security risks, availability of contractors and skilled labour, as well as those risk factors discussed in the Company's most recently filed management's discussion and analysis, its annual information form dated March 28, 2025, as well as the management information circular filed in connection with the Meeting, available on www.sedarplus.ca. Except as required by the securities disclosure laws and regulations applicable to the Company, the Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change.
2025-09-29 23:132mo ago
2025-09-29 19:042mo ago
Horizon Copper Reminds Shareholders and Warrantholders to Vote in Advance of the Upcoming Special Meeting of Securityholders
The deadline to vote your shares and warrants is October 7, 2025 at 8:00 AM Vancouver Time.
Your vote is important no matter how many Horizon Copper shares and/or warrants you hold.
The Board of Directors of Horizon Copper recommends that Securityholders vote FOR the Arrangement Resolution.
For assistance in voting, please contact Laurel Hill Advisory Group by phone at 1-877-452-7184 (North American toll-free) or 1-416-304-0211 (outside North America), or by email at [email protected]
, /PRNewswire/ - Horizon Copper Corp. (TSXV: HCU), (OTCQB: HNCUF) ("Horizon Copper", "Horizon", or the "Company") reminds its shareholders and warrantholders (together, "Securityholders") to vote ahead of the proxy voting deadline for the upcoming Special Meeting of Securityholders (the "Meeting"). At the Meeting, Securityholders will be asked to pass a special resolution (the "Arrangement Resolution") approving an arrangement involving Horizon, Royal Gold, Inc. ("Royal Gold") and International Royalty Corporation, a wholly-owned Canadian subsidiary of Royal Gold ("AcquireCo"), whereby Royal Gold will indirectly through AcquireCo acquire all of the issued and outstanding Horizon shares (other than those held by Sandstorm Gold Ltd. ("Sandstorm")) and through Horizon acquire all of the outstanding Horizon warrants (the "Horizon Transaction").
The Board of Directors of Horizon unanimously recommends that the Securityholders vote FOR the Arrangement Resolution.
Other Updates
Royal Gold has announced that it has received all government regulatory approvals required for the Horizon Transaction and for Royal Gold's previously announced acquisition of Sandstorm.
The completion of the Horizon Transaction is subject to customary closing conditions, including, without limitation, the approvals by Securityholders described above and the approval of the Supreme Court of British Columbia. Subject to the satisfaction or waiver of the closing conditions, it is anticipated that the Horizon Transaction will close early in the fourth quarter of 2025.
Meeting Details
The Meeting is to be held on October 9, 2025 at 8:00 a.m. (Vancouver time) in the Copper Boardroom at the Company's head office located at Suite 3200, 733 Seymour Street, Vancouver, British Columbia, Canada V6B 0S6. Please visit Horizon's website at www.horizoncopper.com/special-meeting for complete details and links to all relevant documents ahead of the Meeting.
The deadline for voting by proxy is 8:00 a.m. (Vancouver time) on October 7, 2025.
In light of the current Canada Post strike, Securityholders are strongly encouraged to cast their votes online. If you have mailed in your vote, we suggest that you recast your vote online to ensure your instructions are received in a timely manner. Securityholders who require voting assistance may contact Horizon's proxy solicitation agent, Laurel Hill Advisory Group at the number below.
While the Canada Post strike is ongoing, Registered Securityholders who wish to deposit their letters of transmittal, share certificates and other required documentation, as applicable, should use courier services or hand deliver such documentation to the depositary, Computershare Investor Services Inc., at 320 Bay Street, 14th Floor, Toronto, Ontario M5H 4A6.
Questions & Voting Assistance
Securityholders who have questions about the Meeting or require assistance in voting may contact the Company's proxy solicitation agent:
Laurel Hill Advisory Group
North American Toll Free | 1-877-452-7184
Outside North America | 1-416-304-0211
By Email | [email protected]
How to Vote
REGISTERED
SECURITYHOLDERS
BENEFICIAL
SECURITYHOLDERS
(Shares and/or Warrants
Held With A Broker, Bank Or
Other Intermediary)
Dial the applicable number listed
on the voting instruction form.
About Horizon Copper
Horizon Copper is a premier copper company holding a portfolio of unparalleled copper assets, including a 1.66% net profits interest on the Antamina copper mine, exposure to the Oyu Tolgoi copper mine through a 24% equity ownership in Entrée Resources Ltd., and a 30% interest in the copper-gold Hod Maden project. For more information, visit www.horizoncopper.com.
Cautionary Note Regarding Forward-Looking Information
This press release contains forward-looking information within the meaning of Canadian securities laws. Forward-looking statements generally include, but are not limited to, statements with respect to management's beliefs, plans, estimates and intentions, and similar statements concerning the Horizon Transaction, the ability to complete the Horizon Transaction and the other transactions contemplated by the Arrangement Agreement (including the Sandstorm transaction) and the timing thereof, including the parties' ability to satisfy the conditions to the consummation of the Horizon Transaction, the receipt of the required securityholder approvals and court approval and other customary closing conditions, the possibility of any termination of the Arrangement Agreement in accordance with its terms or the Sandstorm transaction, and the expected benefits to Horizon and its securityholders, and other statements that are not historical facts. Although Horizon believes that such information is reasonable, it can give no assurance that such expectations will prove to be correct. Forward-looking information is typically identified by words such as: "believe", "expect", "anticipate", "intend", "estimate", "postulate" and similar expressions, or are those, which, by their nature, refer to future events. The Company cautions investors that any forward-looking information provided by Horizon is not a guarantee of future results or performance and that actual results may differ materially from those in forward-looking information as a result of various factors, including, but not limited to: the possibility that the Horizon Transaction or the Sandstorm transaction will not be completed on their terms and conditions, or on the timing, currently contemplated, and that they may not be completed at all, due to a failure to obtain or satisfy, in a timely manner or otherwise, required securityholder and court approvals and other conditions to the closing of the Horizon Transaction or the Sandstorm transaction or for other reasons; the Sandstorm transaction being completed in a circumstance where the Horizon Transaction is terminated; the negative impact that the failure to complete the Horizon Transaction for any reason could have on the price of the Horizon Shares or on its business; Royal Gold's failure to pay the consideration at closing of the Horizon Transaction; the failure to realize the expected benefits of the Horizon Transaction; the restrictions imposed on Horizon while the Horizon Transaction is pending; significant transaction costs or unknown liabilities; and risks related to the diversion of management's attention from Horizon's ongoing business operations while the Horizon Transaction is pending; and other risks and uncertainties affecting Horizon such as those relating to expected capital expenditures, including exploration and development activity and the future price and demand of gold, copper, and other metals. The forward-looking statements contained in this press release are made as of the date of this press release. Horizon disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. The securities referred to in this press release have not been, nor will they be, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons absent U.S. registration or an applicable exemption from the U.S. registration requirements. The Company assumes no obligation to update forward-looking statements except as required under securities laws. Further information concerning risks, assumptions and uncertainties associated with forward-looking statements and our business can be found in Horizon's Annual Information Form for the year ended December 31, 2024, filed under the Company's profile on SEDAR+ (www.sedarplus.ca), as well as subsequent filings that can also be found under the Company's profile.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE Horizon Copper Corp.
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2025-09-29 23:132mo ago
2025-09-29 19:042mo ago
Vail Resorts: Disappointing Guidance Is Already Reflected In Valuation
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.
2025-09-29 23:132mo ago
2025-09-29 19:052mo ago
Markets Keep at All-Time Highs - Lots of Data Expected This Week
Market indexes spent all day in the green today, continuing new all-time high levels through a few news items throughout the day. Not all of it is positive, however: a government shutdown on Capitol Hill would keep things like Friday’s BLS jobs numbers from being released. Also, a weekend decision by OPEC+ to raise oil production by 137K barrels per day helped drop WTI barrel priced -3.8%, while Exxon Mobil (XOM - Free Report) and BP (BP - Free Report) slid -2.5% on the day.
Thus, market indexes pared their earlier gains today. The Dow added +68 points through the course of the day, the S&P 500 — now approaching its fifth-straight positive trading month — gained +17 and the tech-heavy Nasdaq grew +107 points. The small-cap Russell 2000 was up +2 points. These indexes had been up +208, +36, +175 and +15 points, respectively.
Pending Home Sales Shoot Higher in August
The housing market got a boost last month, with Pending Home Sales increasing +4.0% from an expectation of “unched” and an upwardly revised -0.3% the previous month. Mortgage rates easing slightly have helped pending home sales — those with signed contracts at the time of the survey — in August, which may portend well for September data, as well. Pending home sales had spent six of the prior seven months with negative monthly headlines.
Newly-built homes were up in the month, and we’ve seen plenty of pent-up demand in the housing space. Traffic expectation is up to +19% from +16%, and homebuilders Lennar (LEN - Free Report) , Pulte Home (PHM - Free Report) and KB Home (KBH - Free Report) are all up more than +1% in today’s trading session, as a result.
Cannabis to Get Eased Scheduled Drug Status?
The Trump administration is openly considering easing the drug category of cannabis products like marijuana from its current Schedule I designation to Schedule III. Other Schedule I drugs are considered without medical benefit, such as heroin, morphine and LSD. Schedule II drugs include still-dangerous substances like fentanyl and cocaine. Schedule III drugs include ketamine and anabolic steroids. As a result, pure-play cannabis stock Tilray (TLRY) grew +60% today.
What to Expect from the Stock Market Tuesday
We have a decent amount of economic data hitting the tape tomorrow, including Case-Shiller Home Prices for July, and the Chicago Business Barometer and Consumer Confidence for September. Case-Shiller prices were +2.1% the previous month, demonstrating a slowing down of runaway housing costs. Chicago Business is expected to tick up a point and a half to +43.0, while Consumer Confidence is expected to narrow slightly to 95.8.
The first of the “Jobs Week” reports this week also come out Tuesday morning: the Job Openings and Labor Turnover Survey (JOLTS) for August. We look for this level to tick down to 7.1 million from 7.2 million in July. This illustrates how job opportunities are starting to dry up from the 7.7 million we saw in May and the 8.0 million back in November of last year. A 7.1 million headline would be the slimmest number of job openings since September of 2024.
Nike (NKE - Free Report) reports fiscal Q1 earnings after tomorrow’s close. This company is a solid gauge for affects of tariff policy on goods-producing businesses, and as such is expected to bring in -60% earnings growth year over year and -4.95% on revenues from a year ago. Double-digit negative earnings levels are expected for both new quarter and the current fiscal year. That said, Nike is riding eight-straight quarters of outperforming earnings expectations.
Questions or comments about this article and/or author? Click here>>
2025-09-29 23:132mo ago
2025-09-29 19:072mo ago
RCI Hospitality Holdings, Inc. (RICK) Faces Investor Class Action Amid Sell-Off After Tax Fraud Indictment Against Company, CEO, & CFO -- Hagens Berman
SAN FRANCISCO, Sept. 29, 2025 (GLOBE NEWSWIRE) -- A securities class action styled, Hernandez v. RCI Hospitality Holdings, Inc., et al., No. 4:25-cv-04477 (S.D. Tex.), has been filed after New York Attorney General James announced an indictment of RCI, CEO (Eric Langan), CFO (Bradley Chhay) and others of 79 crimes, including conspiracy, bribery, and criminal tax fraud. The lawsuit seeks to represent investors who invested in RCI Hospitality Holdings, Inc. (NASDAQ: RICK) securities December 15, 2021 and September 16, 2025.
The indictment and severe market reaction has prompted national shareholders rights firm Hagens Berman to continue its investigation into whether RCI may intentionally have misled investors about its adherence to laws, sufficiency of internal controls, and adherence to applicable accounting rules.
The firm urges investors in RCI who suffered significant losses to submit your losses now. The firm also encourages persons with knowledge who may be able to assist in the investigation to contact its attorneys.
Class Period: Dec. 15, 2021 – Sept. 16, 2025.
Lead Plaintiff Deadline: Nov. 20, 2025
Visit: www.hbsslaw.com/investor-fraud/rick
Contact the Firm Now: [email protected]
844-916-0895
RCI Hospitality Holdings, Inc. (RICK) Securities Class Action:
The litigation is focused on the propriety of RCI’s repeated assurances that its financial statements complied with applicable accounting rules and that its internal controls over financial reporting were sufficient. These include the company’s assurances that “[w]e have developed comprehensive policies aimed at ensuring that the operation of each of our nightclubs is conducted in conformance with local, state, and federal laws.”
The complaint alleges that RCI made false and misleading statements while failing to disclose crucial information to investors. More specifically it alleges that RCI engaged in tax fraud, committed bribery to cover up the scheme, and understated the legal risks it faced.
Investors learned the truth on September 16, 2025, when NYAG James announced that the office indicted RCI, CEO Eric Langan, CFO Bradley Chhay and others. James said “[a]n investigation by the Office of the Attorney General (‘OAG’) revealed that RCI executives bribed an auditor with the New York Department of Taxation and Finance (‘DTF’) to avoid paying over $8 million in sales taxes to New York State and the state from 2010 to 2024.” The 79 count indictment charges RCI, five of its executives, and three RCI-owned strip clubs in Manhattan with conspiracy, bribery, and criminal tax fraud among other crimes.
On this news, the price of RCI shares declined almost 16% on September 16, 2025.
“We’re focused on investors’ losses and whether RCI may have intentionally misled investors about its compliance with relevant anti-bribery requirements, adherence to relevant accounting rules, and the sufficiency of internal controls,” said Reed Kathrein, the Hagens Berman partner leading the investigation.
If you invested in RCI and have substantial losses, or have knowledge that may assist the firm’s investigation, submit your losses now »
If you’d like more information and answers to frequently asked questions about the RCI case and our investigation, read more »
Whistleblowers: Persons with non-public information regarding RCI should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].
About Hagens Berman
Hagens Berman is a global plaintiffs’ rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman’s team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.
Contact:
Reed Kathrein, 844-916-0895
2025-09-29 23:132mo ago
2025-09-29 19:072mo ago
Precision Optics Corporation, Inc. (POCI) Q4 2025 Earnings Call Transcript
Good day, and welcome to the Precision Optics Reports Fourth Quarter and Fiscal Year 2025 Financial Results Conference Call. [Operator Instructions] Please note that this event is being recorded.
I would now like to turn the conference over to Mr. Robert Blum with Lytham Partners. Please go ahead.
Robert Blum
Lytham Partners, LLC
All right. Thank you very much, operator, and thank you to everyone joining the call today. As the operator mentioned, on today's call, we will discuss Precision Optics' fourth quarter and fiscal year 2025 financial results for the period ended June 30, 2025.
With us on the call representing the company today is Dr. Joe Forkey, Precision Optics' Chief Executive Officer; and Mr. Wayne Coll, the company's Chief Financial Officer. At the conclusion of today's prepared remarks, we will open the call for a question-and-answer session. [Operator Instructions]
Before we begin with prepared remarks, we submit for the record the following statement. Statements made by the management team of Precision Optics during the course of this conference call may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 as amended and Section 21E of the Securities Exchange Act of 1934 as amended, and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
Forward-looking statements describe future expectations, plans, results or strategies and are generally preceded by words such as may, future, plan or planned, will or should, expected, anticipates, draft, eventually or projected. Listeners are cautioned that such statements are subject to a multitude of risks and
2025-09-29 22:132mo ago
2025-09-29 16:342mo ago
Bitcoin Price Prediction: BTC Hits $114K as Traders Eye $120K Breakout; Uptober Rally Heats Up
On Monday, September 29, Paul Atkins, Chairman of the Securities and Exchange Commission (SEC), publicly named crypto as a top priority for the agency during a brief interview with renowned American journalist Eleanor Terrett.
Paul’s statement has sparked fresh excitement across the crypto community as it aligns with growing speculation that the broader crypto market, with XRP at the center of attention, may be gearing up for major developments in the coming month.
What's coming for XRP?Atkins' remarks came just hours after Eleanor Terrett broke the news that the SEC had asked issuers of XRP, Solana, Cardano, and Dogecoin ETFs to withdraw their pending 19b-4 filings.
HOT Stories
While some commentators initially viewed the move as a setback for the crypto community, Terrett clarified that the opposite is true — the request is meant to speed up the approval process for these ETFs.
The withdrawal requests are consistent with the SEC’s recent approval of generic listing standards for all crypto ETFs. These new standards eliminate the need for issuers to submit individual 19b-4 forms. Instead, only an S-1 filing will be required, streamlining the process and paving the way for faster approvals.
With more than a dozen investment funds already filing for an XRP ETF and deadlines starting this week, the XRP community is increasingly optimistic that the altcoin could see a major breakout as early as October.
Is $10 XRP realistic?Although XRP has struggled repeatedly to break through the $3.60 resistance level, market watchers remain confident that October could be the month when the token finally clears that barrier.
Source: CoinMarketCapWith the first XRP ETF expected to launch in October, community sentiment has shifted toward the possibility that XRP may soon reach price levels once thought “unrealistic.”
Industry experts predict that demand from institutional funds, combined with Ripple’s ongoing partnerships, could push XRP toward the $5–$7 range in the short term, while setting the stage for a long-term surge toward $10.
2025-09-29 22:132mo ago
2025-09-29 16:392mo ago
Kazakhstan's Alem Crypto Fund Adds Binance Coin (BNB) to Its Reserve
The Republic of Kazakhstan through the Ministry of Artificial Intelligence and Digital Development has announced a strategic investment in Binance Coin (BNB). Kazakhstan’s Alem Crypto Fund, which is managed by Qazaqstan Venture Group and registered within the ecosystem of the Astana International Financial Centre (AIFC), announced its first investment in BNB today.
“The fund’s choice of BNB as its first digital asset highlights the trust in the Binance ecosystem and marks a new chapter for institutional recognition of cryptocurrencies in Kazakhstan. This is an important step toward building a transparent and secure digital asset market, where government initiatives and global technologies work together for the benefit of the national economy,” Nurkhat Kushimov, General Manager of Binance Kazakhstan, noted.
Although the exact amount invested in the BNB coin was not revealed, the move by Kazakhstan has been warmly welcomed by the Binance community. Binance CEO Richard Teng noted that Kazakhstan is setting the pace for digital asset adoption.
Binance co-founder Changpeng Zhao (CZ) welcomed the announcement, which has been in the making for the past few years. Furthermore, CZ noted that BNB has morphed from an exchange token to a state-level asset akin to Ethereum (ETH) and Bitcoin (BTC).
“The creation of the Alem Crypto Fund is a step toward advancing digital finance in Kazakhstan. Our goal is to make it a reliable instrument for major investors and a key foundation for digital state reserves,” Zhaslan Madiyev, Deputy Prime Minister – Minister of Artificial Intelligence and Digital Development of the Republic of Kazakhstan, noted.
What’s the Market Impact?The implementation of the Alem Crypto Fund via BNB follows its mainstream adoption by institutional investors and retail traders. Some of the companies already invested in BNB as a form of treasury management include BNB Network Company, B Strategy, and Nano Labs, among others.
Following the announcement, the Binance price rebounded nearly 3% to trade at about $1,023 on September 29, during the mid-North American session. The large-cap altcoin, with a fully diluted valuation of about $142 billion at press time, is well-positioned to rally exponentially, fueled by rising demand from institutional investors.
2025-09-29 22:132mo ago
2025-09-29 16:402mo ago
Eric Trump Declares Bitcoin 'The Future' As Shorts Get Liquidated For $83 Million
Bitcoin (CRYPTO: BTC) has surged above $114,000 on Monday after Eric Trump promoted the cryptocurrency on Fox Business, calling it "the way of the future" and a clear replacement for traditional finance.
Fox Business Remarks Spotlight Bitcoin UtilityEric Trump contrasted Bitcoin's efficiency with slow hotel wire transfers, saying, "Why can I send hundreds of millions of dollars worth of Bitcoin overseas instantly or receive it instantly with virtually no fees?"
He added that his firm, American Bitcoin Corp. (NASDAQ: ABTC), would be "one of the great Bitcoin companies anywhere in the world."
He described cryptocurrency adoption as advancing faster than the internet in the 1990s, adding that he had "never been so clear about something" in his life.
$1 Million Bitcoin? Trump Doubles DownAt the Bitcoin Asia conference in Hong Kong last month, Eric Trump predicted Bitcoin would reach $1 million within several years, citing rising institutional demand and fixed supply.
He also praised China's role in digital assets, calling it "a hell of a power," while highlighting that both Washington and Beijing understand cryptocurrency better than most.
In a separate interview with the New York Post, Trump forecast an "unbelievable" Q4 for crypto, noting that historically, Bitcoin has delivered strong gains in the final quarter of the year.
Wall Street Bets Big As Shorts Get Crushed
BTC Derivative Analysis (Source: Coinglass)
BTC futures volume jumped 141% to $82.9 billion, while open interest climbed nearly 7% to the same level.
Options activity also spiked, with volume up 407% and open interest at $44.1 billion, reflecting heightened institutional hedging and directional bets.
Liquidation data shows shorts absorbed heavier losses, with $83 million wiped out in the past 24 hours compared to $8 million in longs, suggesting pressure remains tilted against bearish positions.
Why It Matters
BTC Domiance Outlook (Source: TradingView)
Eric Trump's $1 million Bitcoin call arrives as the cryptocurrency steadies near $114,000 with market dominance firm around 59%.
The defense of long-term structural support underscores Bitcoin's role as the market's anchor, even as capital shifts across altcoins.
With institutional positioning climbing and Q4 historically a season of strength, the durability of Bitcoin's dominance will be a key test of whether Trump's forecast for an "unbelievable" quarter takes shape.
Image: Shutterstock
Read Next:
Bitcoin Reclaims $114,000, But Why Does The Fear & Greed Index Show ‘Fear’?
Market News and Data brought to you by Benzinga APIs
Bitcoin's rally may be far from over, according to leading market watchers who suggest the cryptocurrency is following a stair-step path higher. Analysts argue that the journey to new record highs will not be explosive, but rather a measured climb punctuated by healthy corrections that reset the market before the next leg up.
2025-09-29 22:132mo ago
2025-09-29 16:482mo ago
Chinese Woman Admits To Conducting The Biggest Bitcoin Fraud In History
UK police seized 61,000 BTC worth $7.3 billion, marking the largest crypto seizure in British history after a seven-year probe.Zhimin Qian defrauded 128,000 victims between 2014–2017, laundering funds in the UK before pleading guilty to the scheme.The haul nearly doubles Britain’s Bitcoin stockpile, sparking debate on a potential UK Bitcoin Reserve rivaling US holdings.UK police broke crypto history with a new token seizure, taking BTC worth $7.3 billion. This is roughly equal to the British government’s entire crypto holdings.
This fortune belonged to Zhimin Qian, a Chinese national who defrauded around 128,000 people over three years. Her holdings could potentially aid a future Bitcoin Reserve in the UK.
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The UK’s Major Crypto Seizure
The Bybit hack from earlier this year was heralded as the largest theft in Web3 history, with roughly $1.5 billion in assets stolen. This was a tremendous single-day incident, but a new crypto seizure from the UK broke a new kind of record: $7.3 billion in one police action.
According to local media, Chinese national Zhimin Qian pleaded guilty to a long-running crypto scam. Between 2014 and 2017, she defrauded around 128,000 people, storing the proceeds in Bitcoin.
She then moved to Britain in 2018, attempting to launder money by purchasing property.
However, police conducted a seven-year investigation, leading to today’s guilty pleas. Between the size of her operation and BTC’s price gains, police seized a crypto stockpile that’s now worth $7.3 billion:
“This case, involving the largest cryptocurrency seizure in the UK, illustrates the scale of criminal proceeds available to those fraudsters. Today’s guilty plea by Zhimin Qian marks the culmination of many years of complex and detailed work by both the Metropolitan Police and the [Crown Prosecution Service,]” claimed Robin Weyell, a leading prosecutor on the case.
A New Opportunity?Sponsored
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UK police praised law enforcement and international cooperation in enabling this crypto seizure, but there are new unanswered questions now. The British government has been the third-largest national Bitcoin holder, but it has considered dumping its large holdings.
Now, however, this $7.3 billion crypto seizure could be a new opportunity for Britain. Apparently, Zhimin held about 61,000 BTC, which is roughly equivalent to the UK’s entire stockpile.
In other words, its Bitcoin wallets just doubled in size. Between Zhimin’s wallets and preexisting holdings, the UK might have a BTC stockpile that rivals the US.
Although America custodies a huge store of seized crypto, it plans to disperse much of this sum to fraud victims. It can’t actually build a Crypto Reserve with all its held tokens. However, since Zhimin’s victims were largely based in China, a nation with restrictive crypto policies, the UK might not be similarly obligated to reimburse tokens.
Nigel Farage, a hopeful for British Prime Minister, has been courting the crypto vote to improve his electoral chances. Although his off-hand comments about a Crypto Reserve don’t reflect a concrete plan, this seizure could be an opportunity.
If he takes office, Zhimin’s holdings might make a Reserve much more feasible.
Regardless of these tokens’ final fate, this is a momentous occasion. Although crypto crime is out of control right now, UK police obliterated records for token seizures. That’s a bullish sign for crypto crimefighters everywhere.
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.
2025-09-29 22:132mo ago
2025-09-29 16:492mo ago
World's ‘Highest IQ Holder' Says He Converted Entire Wealth to Bitcoin, Predicts 100× Surge
YoungHoon Kim, a South Korean figure who calls himself the “world’s highest IQ record holder,” says he has converted all of his assets into bitcoin.
Kim also predicted that bitcoin will grow at least 100-fold within the next decade, eventually becoming the world’s “ultimate reserve asset.”
Kim made these bold declarations in recent posts on X, identifying himself as both a “Grand Master of Memory” and the person with the highest IQ ever recorded — a claim somewhat disputed by experts.
“I believe that Bitcoin is the only hope for the future economy. Therefore, I have converted all my assets into Bitcoin,” Kim wrote on X.
At the time of his remarks, bitcoin was trading at about $114,000. If his forecast were realized, each coin would top $10 million by the mid-2030s.
He also shared a photo of himself meeting Matt Prusak, president of American Bitcoin, a firm tied to the Trump family.
JUST IN: World record holder for having the highest IQ says "Bitcoin is the only hope for the future economy. Therefore, I have converted all my assets into Bitcoin." 🙌 pic.twitter.com/vbKE8Q2QW2
— Bitcoin Magazine (@BitcoinMagazine) September 29, 2025 Questions about the messenger Kim’s assertions rest on his reputation as an intellectual prodigy, but that status is far from universally accepted. He has claimed an IQ score of 276 — far beyond the limits of standard psychometric scales, which typically lose reliability past the 160–200 range.
Independent verification of the score is lacking. While organizations such as the GIGA Society and the United Sigma Intelligence Association (which Kim himself helped found) have touted his record, major psychologists and high-IQ communities have dismissed the figure as implausible.
VICE and other outlets have also reported difficulty tracing credible evidence of Kim’s claimed test results.
Financial analysts are equally cautious about Kim’s Bitcoin forecast. While crypto adoption has expanded in recent years, few institutional projections call for a 100× increase in the next 10 years. Even bullish forecasts from major investment firms typically project 5× to 20× gains under favorable conditions.
Beyond finance, Kim is outspoken in his Christian faith, declaring in mid-2025 that “Jesus Christ is God, the way and the truth and the life.”
His posts, blending religion, high-IQ branding, and crypto evangelism, have generated both attention and controversy on social media.
Micah Zimmerman
Micah first discovered Bitcoin in 2018 but remained a skeptic on the sidelines for too long. Since 2021, he has covered crypto and business and now works as a junior news reporter for Bitcoin Magazine, based in North Carolina.
2025-09-29 22:132mo ago
2025-09-29 16:502mo ago
Redstone Report: Solana's RWA Engine Rooms Light up With $13.5B Onchain
Solana planted a $13.5 billion flag in real-world assets (RWAs), with stablecoins in mix, and Redstone's latest report says that puts the chain in pole position for Internet Capital Markets. Redstone Analysis: Solana's Tokenized Assets Top $13.
2025-09-29 22:132mo ago
2025-09-29 17:002mo ago
Dogecoin Breakout Fever: Is The 300% Moonshot Back?
Dogecoin is pressing on a familiar technical hinge on the weekly chart. In a setup highlighted by crypto analyst Cantonese Cat (@cantonmeow), DOGE has completed a third multi-month descending trendline test in as many cycles, with price now hovering just below a quarter dollar after a brief breakout and early retest.
On the 1-week timeframe, the chart shows three distinct bear-market trendlines and subsequent expansions. The first downtrend, drawn from late-2022 swing highs through mid-2023 lower highs, was broken in September 2023. From that breakout point, DOGE advanced roughly 230%, marking the cycle’s initial expansion phase.
Dogecoin moonshot repeating? | Source: X @cantonmeow
The second sequence repeated across late-2023 into 2024: an April–June 2024 distribution created a fresh descending line that capped price through October 2024, when a weekly close through the line triggered the next impulse. From that October 2024 breakout, the advance extended about 350% into the late-2024 peak.
Price action since the November–December 2024 high near $0.48 carved the third descending trendline. Over the past several candles, DOGE pushed through that line, then slipped back toward it, producing a classic “return move” on reduced momentum. As of the chart’s timestamp (Sep. 29, 2025, 00:04 UTC), DOGE trades around $0.2369 on the weekly, a level that sits in the middle of this retest zone.
Golden Cross Or One More Dip For Dogecoin?
Crypto analyst Cas Abbé (@cas_abbe) is closely monitoring the daily chart, where a golden cross between the 100-day SMA ($0.2192) and the 200-day EMA ($0.2199) is forming. Historically, such crossovers have signaled the beginning of extended bullish phases.
Dogecoin price analysis | Source: X @cas_abbe
Abbé stressed the broader market impact of a Dogecoin rally, noting: “DOGE golden cross is approaching soon. This is one of the alts I’m paying very close attention to. The reason is very simple: When DOGE pumps, Altseason starts.” His key threshold is $0.33, a resistance level that has capped multiple rallies. A clean break above it could accelerate capital rotation into the broader altcoin market. “If DOGE manages to pump above $0.33, alts will go bonkers,” he noted.
Meanwhile, liquidity dynamics add nuance to the technical picture. Cryptoinsightuk (@Cryptoinsightuk) shared a liquidity heatmap indicating dense bids around $0.18, while supply concentrations above $0.30 form notable resistance zones. He explained his tactical approach: “Because of this I’ve closed my DOGE long slightly in the green and I’ve placed bids around $0.18.” This reflects a market structure where traders are positioning for downside liquidity sweeps before potential continuation higher.
Dogecoin liquidity heatmap | Source: X @Cryptoinsightuk
Currently trading near $0.229, DOGE sits at the intersection of conflicting signals. On one side, the historical pattern of breakouts from descending trendlines, the imminent golden cross, and Abbé’s $0.33 breakout level argue for bullish continuation. On the other, liquidity maps suggest vulnerability to deeper retracements toward $0.20–0.18 before any sustained rally.
Dogecoin price, 4-hour chart | Source: DOGEUSDT on TradingView.com
Featured image created with DALL.E, chart from TradingView.com
2025-09-29 22:132mo ago
2025-09-29 17:002mo ago
Nick Szabo Drops Bombshell: Bitcoin Core v30.0 Faces Legal Nightmare
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Bitcoin’s next major software release, Bitcoin Core v30.0, has reignited a fraught debate over what kinds of data should be permitted to traverse and settle on the network—and who could bear legal responsibility when that data is illicit.
On Monday, cryptography pioneer Nick Szabo weighed in with a pointed warning: changes in v30.0 that relax long-standing relay policies for data-carrying transactions may heighten the legal exposure of full-node operators by making objectionable content easier to retrieve and “view” with everyday software, thereby strengthening claims that operators had knowledge of what they were relaying or storing.
Bitcoin Core V30 Update Could Be A Legal Disaster
Szabo framed the core issue in stark terms: “What then happens when full node operators become informed about illegal content on the blockchain? They then have knowledge and this particular precedent doesn’t protect them.” He added that the risk is not abstractly technical but turns on how non-technical decision-makers—lawyers, judges, and jurors—perceive what a node operator could reasonably know or do.
“A counter argument is that illegal content in a contiguous standard format, thus readily viewable by standard software, is more likely to impress lawyers, judges, and jurors… than data that has been broken up or hidden,” Szabo wrote, stressing that legal outcomes can hinge less on protocol nuance than on whether a “one-click” consumer app can surface the content.
The flashpoint is Bitcoin Core v30.0’s reversal of an informal barrier around OP_RETURN—the script pathway historically used to attach small, prunable blobs of arbitrary data to transactions. For years Core’s default mempool policy would not relay OP_RETURN payloads above ~80 bytes and limited them to one output per transaction, a non-consensus “standardness” rule that deterred large data postings without banning them at the protocol level.
“Fees protect the miners, but they don’t provide enough disincentive to protect the full nodes. This has always been a problem, of course. But increasing the OP_RETURN allowance will likely make this problem worse. It also will increase legal risks,” Szabo wrote via X.
Beginning with Bitcoin Core v30.0, the default policy shifts: nodes will by default relay and mine transactions with larger aggregate OP_RETURN data and permit multiple data-carrier outputs per transaction; the long-used -datacarriersize knob is being deprecated and repurposed, and now applies to the aggregate data across outputs. In effect, the default barrier comes down—though individual node operators can still set stricter local limits.
Core developers and supporters of the change argue that channeling non-financial data into OP_RETURN—precisely because it is prunable—can reduce systemic harm compared with stealthier encodings in non-prunable parts of transactions (e.g., faux public keys or other script hacks). As Szabo summarized the pro-Core position he has “heard”: allowing more data via OP_RETURN “conceivably may reduce legal risks,” since the alternative (hiding data in places that are not pruneable) is worse for the long-term burden on nodes.
Critics counter that relaxing defaults will normalize large, contiguous data payloads that consumer apps can trivially render, making it far easier for prosecutors to demonstrate that node operators had actual or constructive knowledge of illicit material. As Szabo put it, non-technical decision-makers will be “much more impressed” by illegal content that a familiar app can retrieve than by content requiring specialized tools. That persuasion risk, he suggests, is at the heart of operator liability.
The legality question sits awkwardly at the intersection of these technical defaults and real-world perception. Several industry participants argued in response to Szabo that arbitrary data cannot realistically be stopped at all—whether via inscriptions in witness data, encodings in public keys, or OP_RETURN—making the policy debate “fruitless.” Szabo did not dismiss that practical reality but insisted that format and user-experience matter in court: if “an app like one on their phones can retrieve the data,” that could weigh heavily against a defendant Bitcoin node operator; if it requires obscure reconstruction tools, the opposite.
What, then, is the remedy? Szabo floated two classes of mitigations, both imperfect. At the software level, he suggested making it deliberately harder for popular apps to store and retrieve generic media via either OP_RETURN or witness data—essentially nudging developers away from contiguous, human-readable formats.
At the policy level, legislators could consider liability regimes that focus on the signers of offending transactions rather than on relay/storage intermediaries such as node operators. He also emphasized heterogeneity: because legal risk and the app landscape vary by jurisdiction and over time, Bitcoin node operators need freedom to develop “messy, social/technical solutions,” with an eye on avoiding spillover into censorship of ordinary payments.
Notably, Szabo stressed that he has not taken a definitive side on the update and is “exploring the issues,” even while cautioning that “legal issues like this are far from straightforward, and they lie far outside the wheelhouse of most developers.” That, perhaps, is the most sobering takeaway as v30.0 approaches: the technical path may be clear, but the legal terrain it crosses is anything but.
At press time, Bitcoin traded at $112,079.
Bitcoin recovers above key support, 1-day chart | Source: BTCUSDT on TradingView.com
Featured image created with DALL.E, 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.
2025-09-29 22:132mo ago
2025-09-29 17:012mo ago
XRP's Price Fluctuates Amidst Market Volatility and Investor Uncertainty
As of Monday, XRP, one of the leading cryptocurrencies by market capitalization, found itself trading in a narrow range between $2.85 and $2.928. This stability comes against the backdrop of a broader market flux, with XRP maintaining a market worth of approximately $171 billion.
2025-09-29 22:132mo ago
2025-09-29 17:012mo ago
Woman Pleads Guilty to $7 Billion Bitcoin Fraud Scheme in UK
In brief
Zhimin Qian pleaded guilty to criminal acquiring and possessing criminal property and awaits sentencing.
She defrauded 128,000 Chinese individuals, ultimately turning illegally obtained funds into Bitcoin.
That Bitcoin was seized between 2018-2021 and is now valued around $7 billion.
Chinese national Zhimin Qian pleaded guilty to acquiring and possessing criminal property of 61,000 Bitcoin, now valued just shy of $7 billion, in a UK court on Monday.
The conviction follows a seven-year investigation into international money laundering where it was discovered that Qian, who also goes by Yadi Zhang, organized a large-scale fraudulent investment scheme that defrauded 128,000 individuals.
“Today’s guilty plea marks the culmination of years of dedicated investigation by the Met’s Economic Crime teams and our partners,” Will Lyne, The Met’s head of economic and cybercrime command, said in a statement.
“This is one of the largest money laundering cases in UK history and among the highest-value cryptocurrency cases globally,” he added “I am extremely proud of the team.”
Qian conducted the scheme between 2014-2017, defrauding individuals and ultimately turning the illegally obtained funds into Bitcoin. In 2018, she fled China and entered the UK with false documentation and later attempted to launder the money through property purchases and with the help of a conspirator, Jian Wen.
The Met was able to seize 61,000 Bitcoin between 2018 and 2021 in what it now calls the world’s largest crypto seizure. Wen was convicted of money laundering last year, and was ordered to pay more than $3 million for her role. She was sentenced to more than six years in prison.
Civil proceedings for the recovered funds are now ongoing, but a UK-based legal partner recently told Decrypt it will be a “considerable challenge” for Chinese investors to demonstrate legitimate proprietary claims to the funds.
“Bitcoin and other cryptocurrencies are increasingly being used by organized criminals to disguise and transfer assets, so that fraudsters may enjoy the benefits of their criminal conduct,” said Crown Prosecution Services Deputy Chief Crown Prosecutor Robin Weyell, in a statement.
“The CPS is committed to working closely with law enforcement and investigatory authorities, to bring to justice individuals and companies who engage in laundering criminal proceeds of a cryptocurrency fraud,” she added.
Qian was remanded into custody and will be sentenced at a later date following her guilty plea.
Daily Debrief NewsletterStart every day with the top news stories right now, plus original features, a podcast, videos and more.
2025-09-29 22:132mo ago
2025-09-29 17:082mo ago
Massachusetts to hold hearing to consider Bitcoin reserve bill
Introduced by a Republican lawmaker in February, the legislation may be unlikely to get any traction in Massachusetts’ legislature, where Democrats hold a supermajority.
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A committee in the legislature of the US state of Massachusetts is scheduled to hear discussions about a Bitcoin strategic reserve bill first introduced in February.
In a Friday update to a bill “relative to a Bitcoin strategic reserve” introduced by Republican state Senator Peter Durant, Massachusetts’ Joint Revenue Committee will hold a hearing to consider the legislation.
The bill, which Durant introduced to the Massachusetts Senate in February, was part of a push from Republican lawmakers across several US states in favor of cryptocurrency and Bitcoin (BTC) reserves.
Text of the proposed Bitcoin reserve bill as of Monday. Source: LegiScanIt’s unclear what the chances would be for any Republican-led bill to pass in Massachusetts’ legislature. Democrats currently have a supermajority in the state’s House of Representatives and Senate, and control the governorship. All of the state’s representatives in the US House and Senate are also Democrats.
Durant’s proposed law would allow “any Bitcoin or other digital asset seized by the commonwealth” to be deposited into a reserve, and have the state treasury use up to 10% of the Commonwealth Stabilization Fund to invest in crypto.
While four US states, including Massachusetts, are formally called commonwealths in their constitutions, their legal relationship to the Unites States as a whole is the same as all states, and the terms are used interchangeably.
Cointelegraph reached out to the Massachusetts senator’s office for comment but had not received a response at the time of publication.
As of September, only a few US state governments, including New Hampshire and Texas, have passed legislation allowing them to hold Bitcoin and other cryptocurrencies as part of a strategic reserve plan.
At the federal level, US President Donald Trump signed an executive order in March to establish a government stockpile of BTC and cryptocurrencies, partially through seized assets. Republican lawmakers are attempting to codify this order into law through Congress using the BITCOIN Act.
Crypto reserve proposals in other US states are still pendingMassachusetts joined a handful of other state governments that are currently considering whether to follow the federal government’s example and pass laws allowing their treasuries to invest in crypto and Bitcoin.
In 2025, Montana, North Dakota, Pennsylvania, South Dakota, and Wyoming rejected or failed to advance similar bills. However, proposed legislation in Michigan and Ohio could still be signed into law.
Companies with exposure to crypto, including Michael Saylor’s Strategy, have been investing in Bitcoin and other digital assets as a potential hedge against inflation for years. Reports suggested that many others followed their example in 2025 after Trump’s executive order.
Magazine: How do the world’s major religions view Bitcoin and cryptocurrency?
2025-09-29 22:132mo ago
2025-09-29 17:092mo ago
SEC Chairman Highlights Crypto as Priority, XRP ETF Moves Ahead
SEC Chairman Paul Atkins has announced that crypto is a top priority for the agency.
The SEC has requested issuers of XRP, Solana, Cardano, and Dogecoin ETFs to withdraw pending filings.
This request is part of the SEC’s new approval process, which aims to speed up crypto ETF approvals.
More than a dozen funds have filed for an XRP ETF, with deadlines set for the coming weeks.
Analysts predict that XRP could break through its $3.60 resistance level and see significant price movement in October.
On Monday, September 29, Paul Atkins, Chairman of the U.S. Securities and Exchange Commission (SEC), highlighted crypto as a top priority. This statement has generated excitement, particularly within the XRP community. The remark aligns with growing speculation that the market may see significant changes in the near future, with XRP at the center.
SEC’s Recent Request on Crypto ETFs
The SEC’s latest actions have raised eyebrows in the crypto space. Just hours after Atkins’ statement, journalist Eleanor Terrett reported that the SEC requested issuers of XRP, Solana, Cardano, and Dogecoin ETFs to withdraw pending filings. Initially, many saw this as a setback for the crypto community. However, Terrett clarified that the request aims to speed up the approval process.
The SEC’s move is aligned with new standards for crypto ETFs. The commission recently approved generic listing standards, which remove the need for issuers to submit individual 19b-4 filings. Instead, issuers will only need to submit an S-1 filing, expediting the process and allowing faster approval.
With more than a dozen funds already filing for an XRP ETF, the market’s attention now turns to the upcoming developments. The timing coincides with key deadlines in the coming weeks, sparking optimism within the XRP community.
XRP Expected to Surpass $3.60 Resistance
XRP has faced repeated challenges in breaking through the $3.60 resistance level. However, analysts predict that October could bring a breakthrough for the altcoin. Some experts believe that the launch of the first XRP ETF will trigger a surge in demand.
Market sentiment is shifting toward the possibility of significant price movements. With institutional interest growing, XRP could soon see prices between $5 and $7 in the short term. Ripple’s ongoing partnerships with major financial players are expected to further fuel this momentum.
Long-term projections for XRP remain even more promising. Analysts suggest that XRP may reach $10, driven by increased institutional investments and stronger partnerships.
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3 Crypto Companies Jumping on the AI Bandwagon – And Getting Higher Premiums
Crypto miners are pivoting to AI data centers for stronger, steadier revenue.HIVE, Core Scientific, and IREN lead the shift, leveraging cheap power and GPUs.Investors see upside as AI demand fuels higher valuations and stock growth.The economics of crypto mining are shifting. Rising costs, particularly for electricity and the computational hash rate for cryptocurrencies such as Bitcoin, make the mining industry less profitable.
Crypto mining companies are shifting to AI as a result. Why? For starters, AI training could provide a safer and more consistent source of revenue than the volatile crypto industry.
Why Crypto and AI Companies Are Offering The Best Returns On Wall Street
The crypto market’s inherent volatility makes revenue unpredictable.
In contrast, AI data centers offer recurring revenues, which have high growth and consistently high profit margins.
Meanwhile, Bitcoin’s 2024 halving cut mining rewards in half. That forced mining companies to reassess their business models.
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Right now, the economics are compelling. AI data centers offer dramatically better returns on the same infrastructure. They can generate up to 25 times more revenue per kilowatt-hour than traditional crypto mining operations.
Also, crypto mining companies stand in a strong position to benefit from AI demand.
They have power agreements, data center locations, agreements for low-cost electricity – a powerful recipe for meeting today’s AI demand.
More importantly, by shifting to serving AI needs, crypto mining companies can benefit from a higher market valuation as the AI story plays out.
Dozens of former Bitcoin mining firms have begun to repurpose their infrastructure into AI data centers, turning their GPU-rich, power-intensive setups into rentable compute farms for training, inference, and high-performance computing.
As these companies shift from a Bitcoin or broader crypto play to AI, they’re also being treated as AI plays. As a result, their stocks are seeing a higher share price and valuation.
With dozens of opportunities in the space today and more upside ahead as data centers continue to be built out globally, many companies look attractive as small-cap opportunities amid the AI buildout today.
Hive Digital Technologies (HIVE)
HIVE Digital Technologies has shifted as a pure crypto play to a dual play on crypto and AI infrastructure.
The company has executed an impressive strategic pivot, evolving from bitcoin mining to high-performance computing.
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It is aiming for a $100 million run rate using Nvidia AI chips.
This transformation leverages existing infrastructure while tapping into the higher-margin AI market.
HIVE Stock Price Over The Past Month. Source: Google Finance
HIVE’s bitcoin mining capacity rose 10.4 EH/s by May 2025, a 58% month-over-month surge, with plans to reach 25 EH/s by late 2025.
The company’s commitment to renewable energy operations in Canada, Sweden, and Paraguay positions it favorably worldwide—and in areas with plentiful low-cost, environmentally friendly energy.
HIVE’s AI expansion includes strategic investments in Nvidia GPU clusters, with operations expected to scale significantly.
HIVE is a leader in first-mover advantage in the mining-to-AI transition. It holds critical infrastructure like cheap power and data centers.
“The lesson here is that bitcoin miners were the stepping stone for the AI business. They sourced stranded, wasted, and surplus electricity going nowhere. Bitcoin miners went and found a way to extract that energy and create economics out of it. That’s what’s really important. We’re the stepping stone for the great AI boom that we’re experiencing right now,” notes HIVE Executive Chairman Frank Holmes.
Plus, as of August 2025, HIVE boasts a substantial treasury holding of 2,201 BTC ($251.73 million value), allowing it to profit from Bitcoin’s rise without the economics of mining for it.
Core Scientific (CORZ)Sponsored
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Core Scientific is another company making the shift from cryptocurrency mining to AI data center infrastructure.
The company expects “a relatively equal split” between crypto mining and AI in 2025, representing “a radical shift from the high volatility bitcoin mining space moving into the data center” business.
In the meantime, CoreWeave has a definitive agreement to acquire Core Scientific in an all-stock transaction valued at approximately $9 billion, significantly higher than the $5.2 billion market cap shares had at the end of September.
Specifically, Core Scientific stockholders will receive 0.1235 newly issued shares of CoreWeave Class A common stock for each share, with the transaction expected to close by the end of 2025.
CORZ Price Chart Over The Past Month. Source: Google Finance
Core Scientific’s transformation is evident in major expansion projects, including a $1.2 billion expansion of a data center in Denton, Texas, with CoreWeave to support AI and high-performance cloud computing.
Additionally, the company plans new AI data centers in Georgia, with the first facility opening by July 2026.
The acquisition could prove beneficial for investors, with operational and lease payment savings netting over $500 million annually by the end of 2027.
This vertical integration eliminates rental payments CoreWeave previously made to Core Scientific while securing critical infrastructure capacity.
It could help boost valuations once the merger is complete, as AI data center demand continues to grow massively.
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Core Scientific’s established infrastructure, strategic partnerships, and pending acquisition by a leading AI cloud provider position it advantageously in the multi-trillion dollar AI infrastructure buildout, offering investors exposure to this transformative technological shift.
REN Limited (IREN)
IREN Limited has become a momentum stock in recent weeks. Its shares have soared since executing a strategic pivot from bitcoin mining to AI-ready data centers.
The company uniquely combines high-margin bitcoin mining with a strategic shift into green AI data centers.
So far, that’s created 128% YoY growth, supported by ultra-low energy costs (3.3¢/kWh) that provide a major competitive advantage compared to other mining-to-AI plays.
The transformation is already generating significant returns. IREN’s AI cloud services now generate $26 million in annualized revenue, with 1,896 AI-capable GPUs (including NVIDIA H100/H200) deployed.
However, the real growth catalyst came with IREN’s massive $674 million investment in 12,400 new GPUs, doubling AI cloud capacity to 23,000 units, which the company expects will generate some $500 million in annualized sales by early next year.
IREN Stock Price Chart Over The Past Month. Source: Google Finance
IREN’s flagship development, the Horizon 1 facility, is a $300-350 million project designed to support 200kW per rack via direct-to-chip cooling to host Nvidia Blackwell GPUs.
Beyond this, IREN’s Sweetwater facility represents a 2GW flagship AI & compute hub with capacity for more than 700,000 liquid-cooled Blackwell GPUs.
Shares are now up roughly 300% in 2025 and 400% over the last 12 months.
But with the AI data center story still the toast of investors in the stock market today, IREN is just another crypto mining play shifting with investor demand to the hot story of AI.
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.
Pump.fun’s ease of meme coin creation fuels racist tokens, with four of the top 15 trending on DEXScreener using slurs.The low barrier to entry democratizes malicious content, allowing offensive coins like “Hitler Musk” and “Swasticoin” to spread fast.Calls for filtering grow as Buterin and Solana leaders warn DEXs’ lack of oversight lets racist and extremist tokens thrive unchecked.The emergence of multiple trending tokens launched via Pump.fun that contain racial slurs has generated widespread concern across the crypto community regarding the proliferation of discriminatory and highly offensive meme coins.
These incidents have restarted the debate over the lack of regulation in the meme coin space. The ease with which tokens can be created on launchpads inevitably facilitates the dissemination of malicious content.
Escalation of Offensive Meme CoinsSponsored
A concerning trend emerging in the meme coin industry is the proliferation of racist tokens.
Of the top 15 trending tokens on DEXScreener, four have names that contain racial slurs or allude to skin color. The tokens were all launched on the popular Solana platform, Pump.fun.
Pump.fun has come under scrutiny for the launch of racist meme coins. Source: DEX Screener.
The news comes a day after Pump.fun enthusiasts reportedly vandalized the Hollywood sign in Los Angeles, hanging up a banner with the launchpad’s signature pill logo.
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While racist meme coins are not new to the crypto sector, their recent status as trending tokens on decentralized exchanges (DEXs) illustrates the escalating scale of the problem.
Ease of Creation and Malicious Content
Commonly described as a “meme coin factory,” Pump.fun is a decentralized platform that has transformed the creation of meme coins. The launchpad makes the process exceptionally simple, fast, and affordable.
This extreme ease of use has drastically lowered the barrier to entry for launching hateful or racist meme coins. The increased frequency of these offensive tokens represents the democratization of malicious content.
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A prime example came earlier this year when an American rapper announced a “Swasticoin” on X.
In a separate incident, a “Hitler Musk” token swiftly appeared on Pump.fun immediately following Elon Musk’s salute during Donald Trump’s presidential inauguration. The gesture was widely interpreted as a reference to Nazi-fascism.
Despite some attempts by industry leaders to condemn the creation of these controversial tokens, the recent incidents clearly demonstrate that the issue remains persistent.
The Regulatory Challenge of DEXsSponsored
Leading figures in the cryptocurrency sector addressed the proliferation of meme coins with offensive themes.
Ethereum co-founder Vitalik Buterin previously criticized the rise of these tokens. In the March 2024 blog post, he specifically condemned “openly super-racist” meme coins on the Solana blockchain and other tokens linked to totalitarian regimes.
The Solana Foundation has also acknowledged the issue. Austin Federa, the foundation’s head of strategy, proposed that implementing filtering mechanisms within crypto applications could be a viable solution for restricting the visibility of these controversial assets.
Yet, curbing this activity on a DEX is inherently difficult because there is no central authority to vet or police token names before launch.
Consequently, a regulatory and ethical vacuum continues to enable the creation and viral spread of these controversial tokens.
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.
2025-09-29 22:132mo ago
2025-09-29 17:352mo ago
Ethereum treasury Bit Digital proposes raising $100 million with convertible note offering
After a strong rally earlier this year, XRP has spent the past two months consolidating in a tight trading range between $2.70 and $3.00. While some traders see this sideways action as a sign of fading momentum, others argue it is simply the calm before another leg higher.
2025-09-29 22:132mo ago
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Bitcoin Reserve Bill in Massachusetts: Hearing Scheduled for Discussion
Massachusetts is set to hold a hearing to consider a Bitcoin reserve bill introduced by Senator Peter Durant.
The bill would allow the state to deposit seized Bitcoin and other digital assets into a reserve.
The proposal also permits the use of up to 10% of the Commonwealth Stabilization Fund for crypto investments.
The bill is part of a broader push by Republican lawmakers to adopt cryptocurrency reserves in several states.
Massachusetts faces political challenges due to its Democrat-controlled legislature, which may impact the bill’s chances of passing.
Massachusetts is set to hold a hearing on a bill regarding a Bitcoin strategic reserve. The legislation was first introduced in February by Republican state Senator Peter Durant. The bill aims to allow the state to invest in Bitcoin and other digital assets.
Bitcoin Reserve Bill Gains Traction in Massachusetts
The proposed law would allow Massachusetts to deposit any Bitcoin or other digital assets seized by the state into a reserve. It would also permit the state treasury to use up to 10% of the Commonwealth Stabilization Fund to invest in cryptocurrencies. According to Senator Durant, the move would help Massachusetts stay ahead in the growing cryptocurrency sector.
The Bitcoin reserve bill aligns with a broader push by Republican lawmakers across the country. Several states, including Massachusetts, have shown interest in adopting cryptocurrency reserves. However, the success of this bill in Massachusetts is uncertain due to the political landscape.
Massachusetts has a supermajority of Democrats in both its House of Representatives and Senate. The state also has a Democrat-controlled governorship, which may present challenges for the bill’s passage. The committee will consider the proposal despite these political hurdles.
The state’s current political climate may make it difficult for Republican-backed bills, such as this Bitcoin reserve proposal, to gain traction. Nevertheless, the bill’s supporters argue that it is essential for keeping the state competitive in the digital asset space.
States Adopt Bitcoin Reserves as Hedge Against Inflation
Massachusetts joins other states in considering cryptocurrency as part of their strategic reserves. As of September, a few U.S. states, like New Hampshire and Texas, have already passed similar laws. These states are positioning Bitcoin as a hedge against inflation and a store of value.
At the federal level, President Donald Trump signed an executive order to establish a government Bitcoin reserve. Several Republican lawmakers are pushing for a similar strategy at the federal level through the BITCOIN Act. Meanwhile, other states, such as Michigan and Ohio, continue to explore the possibility of establishing their own Bitcoin reserves.
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Legal Expert Breaks Down XRP's Appeal as Ripple SWIFT Debate Heats Up
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
The running rivalry between Ripple and SWIFT resurfaced after a community callout to Ripple’s CEO. XRP supporter Panos Mek tagged Brad Garlinghouse, asking for a new statement on SWIFT. He recalled Garlinghouse’s 2018 remark that described SWIFT’s upgrade as “a Ferrari shell on a Model-T engine.”
Morgan Highlights XRP’s Strengths Amid Rise of Bank-Led ONYX Platform
That request sparked a response from Bill Morgan, a well-known lawyer and supporter of XRP. Morgan responded with a reference to ONYX. ONYX is a permissioned Ethereum-derived platform also called Kinexys, backed by a consortium of more than 30 banks. Also, SWIFT has launched a blockchain pilot and plans a stablecoin rollout in a move to rival Ripple.
Another, admittedly bigger Ethereum-derived, permissioned platform like ONYX (KINEXYS) but how is it better. Certainly it will be at a much larger scale. Definitely a competitor especially with banks.
XRP’s appeal is its decentralized, permissionless, sanction-resistant… https://t.co/RiT9pJDsvW
— bill morgan (@Belisarius2020) September 29, 2025
Morgan noted that ONYX may operate on a much larger scale but questioned how it offers any real advantage over XRP. He said XRP is neutral, permissionless and resists censorship. Such qualities, he says, make XRP fundamentally different from platforms designed by banks for banks.
This comes amid a debate about whether Ripple can stay in competition with SWIFT in the cross-border payments space. Ripple has long positioned itself as a faster and cheaper alternative to the traditional SWIFT network. SWIFT, alongside banks and ConsenSys, has even announced a shared blockchain ledger for global payments.
XRP, the digital asset linked to Ripple, has often been criticized as a “bank coin.” Yet Morgan pointed out the irony that while XRP has been labeled this way for years, it is actually the new Ethereum-derived ONYX chain that is purpose-built for a bank consortium.
Ripple’s Open Model Contrasts Bank-Controlled Blockchain Systems
His comments highlight a deeper question in the payments race. Should the future of money movement be controlled by financial institutions through permissioned platforms, or should it remain open through decentralized networks like XRP?
XRP is viewed as an instrument that enables faster payment settlements. Ripple has even outlined tokenization and stablecoins as part of its XRPL DeFi roadmap.
Conversely, ONYX is a riskless method of banks beginning with blockchain usage. The ONYX launch demonstrates that banks are increasingly depending on blockchain. Big banks desire systems that can be inaccessible to many people and that are rules-based Systems.
Ripple and XRP enable individuals to transfer funds around the universe without any middlemen. Also, this demonstrates the significant struggle between open crypto networks and private finance systems.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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