Important DisclaimersFXEmpire is owned and operated by Empire Media Network LTD., Company Registration Number 514641786, registered at 7 Jabotinsky Road, Ramat Gan 5252007, Israel. The content provided on this website includes general news and publications, our personal analysis and opinions, and materials provided by third parties. This content is intended for educational and research purposes only. It does not constitute, and should not be interpreted as, a recommendation or advice to take any action, including making any investment or purchasing any product. Before making any financial decision, you should conduct your own due diligence, exercise your own discretion, and consult with competent advisors. The content on this website is not personally directed to you, and we do not take into account your individual financial situation or needs. The information contained on this website is not necessarily provided in real time, nor is it guaranteed to be accurate. Prices displayed may be provided by market makers and not by exchanges. Any trading or other financial decision you make is entirely your own responsibility, and you must not rely solely on any information provided through the website. FXEmpire does not provide any warranty regarding the accuracy, completeness, or reliability of any information contained on the website and shall bear no responsibility for any trading losses you may incur as a result of using such information. The website may include advertisements and other promotional content. FXEmpire may receive compensation from third parties in connection with such content. FXEmpire does not endorse, recommend, or assume responsibility for the use of any third-party services or websites. Empire Media Network LTD., its employees, officers, subsidiaries, and affiliates shall not be liable for any loss or damage resulting from your use of the website or reliance on the information provided herein.Risk DisclaimersThis website contains information about cryptocurrencies, contracts for difference (CFDs), and other financial instruments, as well as about brokers, exchanges, and other entities trading in such instruments. Both cryptocurrencies and CFDs are complex instruments and involve a high risk of losing money. You should carefully consider whether you understand how these instruments work and whether you can afford to take the high risk of losing your money. FX Empire encourages you to conduct your own research before making any investment decision and to avoid investing in any financial instrument unless you fully understand how it works and the risks involved.
2026-03-20 08:071mo ago
2026-03-20 03:441mo ago
Unilever confirms talks with McCormick over sale of foods business
Unilever PLC (LSE:ULVR), the FTSE 100 consumer goods giant, has confirmed it is in discussions with McCormick & Company about selling its foods division, in a deal that could reshape one of Britain's largest companies.
The London-based group said it had received an inbound offer and is now in active talks, while cautioning that no agreement has been reached.
The foods business generated an operating profit of €2.9 billion last year, giving it an estimated enterprise value of around €30 billion, based on Barclays analyst estimates.
The division, which has annual revenues of €13.4 billion, is home to Knorr, the world's leading bouillon brand worth around €5 billion, and Hellmann's, the world's number one mayonnaise brand worth nearly €3 billion.
A deal could come together by the end of the month and would be structured as a Reverse Morris Trust, a type of merger designed to be tax-free, according to reports.
McCormick, the Maryland-based spices and seasonings maker, has a market value of around $14.5 billion, dwarfed by Unilever's $134 billion valuation.
Despite its scale, the foods unit has faced mounting pressure from competition from private-label brands and softer consumer demand linked to the growing popularity of weight-loss drugs, which are changing eating habits.
The division is Unilever's second largest by sales after personal care, but grew at just 2.5% last year, well below the company's own medium-term targets.
A sale would form part of a broader pivot towards health and beauty products, including brands such as Dove, Vaseline and Nexxus.
Under chief executive Fernando Fernandez, the company has already spun off its ice cream division into Magnum Ice Cream Co. and exited parts of its food portfolio, including the global spreads business, Graze and The Vegetarian Butcher.
Talks with Kraft Heinz over a potential merger of parts of their food businesses were reportedly also held recently, but those discussions have since ended.
2026-03-20 08:071mo ago
2026-03-20 03:451mo ago
Tesla taps China for $2.9B solar gear in major US expansion push: report
Tesla is planning to scale domestic solar production by sourcing nearly $2.9 billion worth of manufacturing equipment from Chinese suppliers, a Reuters report said on Friday.
The initiative aligns with Elon Musk’s broader goal of building large-scale solar capacity within the United States.
Internal hiring plans and public statements indicate Tesla is targeting 100 gigawatts of solar manufacturing output before the end of 2028.
Demand for clean energy is rising alongside the expansion of data centres and energy-intensive technologies.
The push also reflects growing pressure on US firms to secure reliable energy sources domestically.
China suppliers in focusSuzhou Maxwell Technologies has emerged as a key contender in Tesla’s procurement process.
The company is the world’s largest producer of screen-printing equipment used in solar cell production.
It is currently seeking export approval from China’s commerce ministry for the proposed deal, a step required for certain advanced manufacturing equipment shipments.
Other potential suppliers include Shenzhen S.C New Energy Technology and Laplace Renewable Energy Technology.
These companies are being considered to support Tesla’s planned buildout of solar manufacturing capacity.
The supplier mix highlights continued reliance on specialised Chinese equipment despite efforts to localise production.
Export approvals and timelinesThe equipment package, estimated at around 20 billion yuan, includes advanced screen-printing production lines used in solar cell manufacturing.
Some of this equipment will require export clearance from Chinese regulators, although it remains unclear how much of the total order falls under these restrictions.
There is also uncertainty around the approval timeline, which could influence delivery schedules. Suppliers have been instructed to complete shipments before autumn.
The equipment is expected to be transported to Texas, where Tesla is expanding its manufacturing footprint.
Any delays in approvals could affect installation timelines and production ramp-up schedules, potentially slowing initial output targets.
Scaling solar capacity in the USTesla’s procurement strategy reflects a broader push to localise solar manufacturing.
Job listings published by the company outline plans to establish a full supply chain on American soil, covering everything from raw materials to finished panels.
Elon Musk said in January that solar power could meet all electricity needs in the US, including rising demand from data centres.
The company’s internal targets suggest it is working towards deploying 100 gigawatts of solar manufacturing capacity annually, positioning solar as a key component of its long-term energy strategy.
This expansion also reflects wider industry shifts, where energy security and supply chain control are becoming central to manufacturing decisions, particularly in sectors linked to clean energy and artificial intelligence infrastructure.
Link to SpaceX and internal useThe planned solar capacity is expected to primarily support Tesla’s own operations. However, part of the output is also intended to power SpaceX satellites.
This integration points to a broader strategy where Tesla and SpaceX develop shared energy infrastructure.
Both companies are pursuing large-scale energy solutions, and the expansion of solar manufacturing could play a central role in supporting their future operations.
The approach suggests a move towards vertically integrated energy systems spanning production, storage, and consumption across multiple industries, linking energy generation directly with high-demand technology applications.
US-Iran Conflict – The Next Round As we’ve been saying, Gold is on the rise thanks to tension between the US and Iran that’s causing all sorts of uncertainty on the global markets. Investors are getting a bit spooked and looking for places to hide their cash, and for them Gold is as solid an option as any.
Irans Foreign Minister has said that if his country is attacked again he wont be holding back – its a pretty chilling message. Meanwhile, Saudi Arabia has said they’re not going to take much more crap and are hinting at possible military action of their own.
Its fair to say that all this is ratcheting up the risk of a much bigger conflict which is sending more investors running for cover towards Gold as their safe-haven asset of choice.
Fed Policy and Inflation – What Does it Mean for Gold In the context of Golds gain, it is worth noting that surging oil and energy prices are causing real inflation concerns, which in turn means that central banks may have to keep interest rates tighter for longer, and this is not going to do Golds prices any favors.
On the monetary policy front, the US Federal Reserve decided to keep interest rates exactly where they were, but at the same time their top dog Jerome Powell was warning that all this rising oil and inflation could make it harder to keep the economy in check. And while he also made it clear that future interest rate hikes are still very possible – the overall message was that the Fed is being very cautious right now in order to keep the economy stable.
Which, on the one hand, sounds a bit like good news for investors, but on the other is making the US dollar a bit stronger – and that in turn is making gold a lot more expensive for investors from other countries.
2026-03-20 08:071mo ago
2026-03-20 03:511mo ago
Wetherspoon warns profits may fall short as costs bite
JD Wetherspoon PLC (LSE:JDW), the pub chain, has warned that full-year profits may come in slightly below market expectations as rising taxes, wages and energy costs weigh on the business.
Chairman Tim Martin said increases in national insurance and labour rates would add approximately £60 million to annual costs, with non-commodity energy costs adding a further £7 million and a new packaging levy costing £2.4 million in the current year.
The warning came alongside interim results showing a sharp fall in profitability despite healthy sales growth, with pre-tax profit dropping 31.9% to £22.4 million in the 26 weeks to 25 January 2026, against £32.9 million a year earlier.
Revenue rose 5.7% to £1.087 billion, with like-for-like sales up 4.8%.
Martin said the company had outperformed the wider hospitality sector for the 42nd consecutive month, with like-for-like sales up 3.2% in February against an industry average of -0.2%, according to the CGA RSM Hospitality Business Tracker, an industry benchmarking measure.
In the seven weeks to 15 March, like-for-like sales increased by 2.6%.
The group held its half-year dividend at 4p per share, unchanged from the prior year.
Martin pointed to "considerable pressure on consumer finances" alongside higher costs across the hospitality sector, though he said Wetherspoon would endeavour to keep price increases to a minimum.
The company said its forecast for year-end net debt remained unchanged.
Wetherspoon operates around 800 pubs across the UK and Ireland and has long positioned itself as a value-led operator, a strategy that has helped it outpace competitors during periods of consumer stress.
2026-03-20 08:071mo ago
2026-03-20 03:551mo ago
Smiths Group to Return Extra $2 Billion to Shareholders
Alibaba has sharply reduced its workforce as it restructures its business and intensifies its focus on artificial intelligence.
The Chinese e-commerce and technology group ended December with 128,197 employees, down from 194,320 a year earlier, marking a decline of about 34% year over year.
The update came alongside its latest earnings report released Thursday, which showed a steep drop in profit and revenue that missed market expectations for the final quarter of last year.
Shares listed in Hong Kong fell 6% on Friday following the results, reflecting investor reaction to both the financial performance and the ongoing transition.
Retail exit drives cutsA large portion of the workforce reduction followed Alibaba’s exit from its offline retail businesses.
The company sold its stake in Sun Art Retail Group at the end of 2024 and also exited its investment in department store chain Intime around the same time.
These moves reduced the need for employees tied to physical retail operations.
Alibaba has historically operated a broad ecosystem that includes e-commerce platforms, logistics networks, and cloud services.
The recent changes show a shift away from labour-intensive segments and towards areas that require less physical infrastructure.
The scale of the cuts is significantly larger than previous adjustments.
In December 2024, Alibaba had already reduced its workforce by 11% compared with the prior year, indicating that the latest decline reflects a faster restructuring phase.
Earnings miss weighs on sharesThe workforce update came as part of Alibaba’s quarterly earnings disclosure.
The results showed profit plunging 67% for the period, while revenue came in below analyst expectations.
Investors responded quickly to the weaker performance, pushing the company’s Hong Kong-listed shares down by 6% on Friday.
The figures underline the pressure Alibaba faces as it reshapes its business while navigating slower growth in some of its traditional segments.
Alibaba remains China’s second-largest technology company by market capitalisation.
It is also part of a broader trend, with major technology firms globally reducing headcounts over the past year as they adjust to shifting economic conditions and evolving investment priorities.
AI strategy gains paceThe company is repositioning itself around artificial intelligence as a core growth driver.
Alibaba is working towards building a full-stack AI ecosystem that spans semiconductor development, computing infrastructure, and AI models.
As part of this strategy, the company launched an agentic AI service called Wukong for enterprise users this week.
It has also raised prices for its cloud and storage services by as much as 34%, citing strong demand and rising supply chain costs.
The focus on AI aligns with wider industry developments, as technology companies invest heavily in tools and infrastructure designed to support machine learning and automation.
Cloud ambitions shape future plansAlibaba’s leadership has outlined ambitious targets for its cloud and AI divisions.
During the earnings call on Thursday, CEO Eddie Wu said the company aims to grow its cloud and AI revenue to more than $100 billion annually within the next five years.
This goal highlights a long-term shift towards high-margin technology services and away from businesses linked to physical retail.
The transition requires continued investment and organisational changes as Alibaba adapts to a more technology-driven growth model.
2026-03-20 08:071mo ago
2026-03-20 03:571mo ago
Nvidia's Huang pitches AI tokens on top of salary as agents reshape how humans work
The perks of working in Silicon Valley have long included high salaries. Now, some engineers may be offered a new incentive: artificial intelligence tokens.
Nvidia CEO Jensen Huang on Monday floated a novel compensation model that would give engineers a token budget on top of their base salary, effectively paying them to deploy AI agents as productivity multipliers.
Tokens, or units of data used by AI systems, can be spent to run tools and automate tasks and are becoming "one of the recruiting tools in Silicon Valley," Huang said.
"[Engineers] are going to make a few hundred thousand dollars a year, their base pay," Huang said at the chipmaker's annual GPU Technology Conference.
"I'm going to give them probably half of that on top of [their base pay] as tokens ... because every engineer that has access to tokens will be more productive."
The pitch signaled Huang's broader vision of the workplace, in which engineers oversee a fleet of AI agents capable of completing complex, multi-step tasks autonomously with minimal user input.
It is a vision that Huang has been building toward publicly. Last month, he told CNBC that Nvidia's employees would one day work alongside hundreds of thousands of AI agents.
"I have 42,000 biological employees, and I'm going to have hundreds of thousands of digital employees," he said.
The comments come as concerns grow that AI agents — software systems capable of independently executing complex, multi-step tasks — will hollow out white-collar work.
In a memo to investors, Howard Marks, founder of Oaktree Capital Management, warned of "an incredible leap ahead in AI's capabilities" that now allows it to "act autonomously" — a distinguishing point that determines its ability to substitute human labor.
"That difference is what separates a $50 billion market from a multi trillion dollar one," the veteran investor said.
Goldman Sachs estimates AI could potentially automate tasks accounting for 25% of all work hours in the U.S., enough to fuel fears of what some have grimly dubbed a "job apocalypse."
The bank sees a 15% productivity boost from AI, which could lead to 6% to 7% of jobs displaced over the adoption period.
"Risks are skewed toward greater displacement if AI proves more labor-displacing than prior technologies," said Joseph Briggs, Goldman's senior global economist.
Some 60% of today's workers are employed in occupations that didn't exist in 1940, Briggs said, citing a study by economist David Autor, suggesting that AI will render some roles obsolete while creating others that don't yet exist.
AI agents drive software demandHuang has taken an optimistic view of the impact of AI agents on the software industry, describing it as "counterintuitive." Rather than reducing demand for software, AI agents will become its most voracious customers.
His logic goes: more AI agents mean more demand for the underlying software infrastructure they run on — the programs, tools, and computing resources that power them.
"The number of C-compilers that we use, the number of Python programs that we have, the number of instances, are growing very, very fast — because the number of agents we have that use these tools are going up," he said.
Bruno Guicardi, president and founder of the information technology company CI&T, described the change as nothing short of a paradigm shift. "A new layer of abstraction is being created through agents," he said.
"Now software engineers can 'tell' what computers should do, not in a programming language but in plain English. Work that used to take months to be done now takes a couple of days. And we see it only accelerating from here."
'Talent paradox'The AI-fueled anxiety over labor displacement has been hard to contain, even as companies struggle to find skilled workers.
The job market is currently experiencing a "talent paradox" where 98% of C-suite executives expect AI to lead to headcount reductions over the next two years, while 54% cite talent scarcity as their top macro challenge, said Lewis Garrad, career practice leader at consultancy Mercer Asia.
Around 65% of executives expect 11% to 30% of their workforce to be redeployed or reskilled due to AI by 2026, Garrad estimated.
Entry-level jobs face the greatest risk as AI eliminates the "stepping-stone" tasks historically used to train new workers, further widening the skills gap at a time when demand for AI-literate workers is accelerating, Garrad added.
Roles involving data analysis, document processing, information comparison, and drafting initial reports are at risk of being "first in line" for displacement, said Andreas Welsch, founder of consultancy Intelligence Briefing and author of The Human Agentic AI Edge.
Goldman's Briggs also acknowledged the transition won't be frictionless, even under the most optimistic scenario, anticipating a peak gross jobless rate that will increase by around half a percentage point as the job market transitions into a new era.
watch now
But new jobs will emerge, Briggs said, stressing that technological change has always been a main driver of job growth in the long-run through the creation of new occupations.
Tens of millions of people are now employed in sectors such as computing, the gig economy, e-commerce, content creation and video games — industries that were science fiction a generation ago.
That said, integrating AI capabilities into existing corporate workflows may ultimately prove harder than the technology itself. Roughly 80% to 85% of AI projects have failed since 2018 — a sobering statistic for an industry awash in enthusiasm, noted Intelligence Briefing's Welsch.
"It would be undesired to have hundreds of thousands of agents that create more problems than they solve," he said.
2026-03-20 08:071mo ago
2026-03-20 03:581mo ago
CAB Payments rejects £241 million StoneX takeover approach
CAB Payments Holdings PLC (LSE:CABP), the London-listed cross-border payments specialist, has unanimously rejected an unsolicited £241 million cash takeover bid from StoneX Group, the Nasdaq-listed financial services firm, saying the offer significantly undervalues the company.
StoneX proposed 95 pence per share, representing a 32% premium to CAB Payments' closing price of 72p before takeover interest in the company first emerged in January, and an 11% premium to a rival bid of 85p per share from the Helios Consortium, a private equity-led group.
The independent board said it had consulted with larger shareholders and, after evaluating the proposal alongside the company's improved financial and operational performance in its 2025 results, concluded it was not in shareholders' interests to engage.
The rejection leaves StoneX facing a deadline set by the Takeover Panel, the City regulator overseeing mergers and acquisitions, either to make a formal offer or walk away.
CAB Payments operates a regulated emerging markets payments network and positions itself as a relationship-led business serving banks, payment firms and multinational companies moving money across harder-to-reach currencies.
The company has been the subject of competing interest since the Helios Consortium announced a possible approach at the end of January, with StoneX entering as a rival suitor earlier this month arguing its payments operations were highly complementary to CAB Payments' business.
The Helios Consortium's own firm offer of 85p per share, announced on 2 March, had itself followed an earlier sweetened bid that was rejected by the board.
Shareholders have been advised to take no action while the process continues.
2026-03-20 08:071mo ago
2026-03-20 04:001mo ago
APO Investors Have Opportunity to Lead Apollo Global Management, Inc. Securities Fraud Lawsuit with the Schall Law Firm
, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Apollo Global Management, Inc. ("Apollo" or "the Company") (NYSE: APO) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between May 10, 2021 and February 21, 2026, inclusive (the "Class Period"), are encouraged to contact the firm before May 1, 2026.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Apollo's leadership team was in regular contact with Jeffrey Epstein about the Company throughout the 2010s. Despite this, the Company claimed that it had never done business with Epstein. The Company's connection to Epstein could potentially harm its reputation. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Apollo, investors suffered damages.
Join the case to recover your losses
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]
SOURCE The Schall Law Firm
2026-03-20 08:071mo ago
2026-03-20 04:021mo ago
NKTR Investors Have Opportunity to Lead Nektar Therapeutics Securities Fraud Lawsuit with the Schall Law Firm
, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Nektar Therapeutics ("Nektar" or "the Company") (NASDAQ: NKTR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between February 26, 2025 and December 15, 2025, inclusive (the "Class Period"), are encouraged to contact the firm before May 5, 2026.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Nektar's enrollment of patients for the REZOLVE-AA trial of its product candidate, rezpegaldesleukin, failed to follow protocol standards. The company's enrollment problems were likely to have a negative impact on the trial's findings. The Company overstated the integrity of its REZOLVE-AA trial. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Nektar, investors suffered damages.
Join the case to recover your losses
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]
SOURCE The Schall Law Firm
2026-03-20 08:071mo ago
2026-03-20 04:051mo ago
BRBR Investors Have Opportunity to Lead BellRing Brands, Inc. Securities Fraud Lawsuit with the Schall Law Firm
, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against BellRing Brands, Inc. ("BellRing" or "the Company") (NYSE: BRBR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between November 19, 2024 and August 4, 2025, inclusive (the "Class Period"), are encouraged to contact the firm before March 23, 2026.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. BellRing's sales during the Class Period were driven by temporary inventory stockpiling by certain customers, not its supposed strength in the competitive marketplace. Despite its claims, the Company was not enjoying strong customer demand and positive momentum. Customers reduced their new orders for the Company's products when they felt comfortable that inventory constraints were no longer a concern. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about BellRing, investors suffered damages.
Join the case to recover your losses
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]
SOURCE The Schall Law Firm
2026-03-20 08:071mo ago
2026-03-20 04:061mo ago
Nektar Therapeutics Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - NKTR
, /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Nektar Therapeutics ("Nektar" or "the Company") (NASDAQ: NKTR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of NKTR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.
CLASS PERIOD: February 26, 2025 to December 15, 2025
DEADLINE: May 5, 2026
CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Nektar failed to follow protocol standards in its REZOLVE-AA study of rezpegaldesleukin, which was likely to have a negative impact on the trial's results. Based on these facts, Nektar's public statements were false and materially misleading throughout the class period.
If you are a shareholder who suffered a loss, contact us to participate.
WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.
Join the case to recover your losses.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: [email protected]
SOURCE DJS Law Group LLP
2026-03-20 07:061mo ago
2026-03-20 02:001mo ago
Telix selects IBA Cyclone® KIUBE to support manufacturing expansion in the U.S.
Louvain-la-Neuve, Belgium– March 20, 2026 – IBA (Ion Beam Applications S.A., EURONEXT), the world leader in particle accelerator technology and the world’s leading provider of radiopharmaceutical production solutions, today announced it has signed a contract with Telix Pharmaceuticals Limited (Telix; ASX: TLX, NASDAQ: TLX), a precision oncology company, for the initial order of four Cyclone® KIUBE cyclotrons at standard IBA conditions1. The systems will be installed at select RLS Radiopharmacies (RLS) sites in the United States (U.S.).
This investment supports Telix’s strategic expansion of its U.S. manufacturing footprint with the goal of strengthening supply chain resilience and to enable in-house production of critical therapeutic and diagnostic isotopes and radiopharmaceuticals for cancer care. The agreement also contributes to the growth of IBA RadioPharma Solutions, reinforcing its leading position in the market. By combining IBA’s cyclotron expertise with Telix’s distribution and production footprint, this collaboration strengthens the collective capacity to meet the rising demand for sophisticated PET imaging tracers and other integrated theranostic solutions.
Telix selected the Cyclone® KIUBE 180 for its high-current capacity, industrial reliability, and capacity for future upgrades. Each cyclotron will be equipped with QUANTM® Irradiation System (QIS®), the latest irradiation system developed by ARTMS, a wholly-owned subsidiary of Telix Pharmaceuticals. Together, these technologies will enable cGMP-compliant production of critical radio-metals including Gallium-68 (68Ga), Zirconium-89 (89Zr), Technetium‐99m (99mTc) and Copper-64 (64Cu) initially. The integration of this advanced targetry hardware represents a key technical milestone, enabling efficient, high-yield, localized production of high-demand isotopes, reducing reliance on external suppliers and mitigating supply chain risk.
Charles Kumps, President of IBA RadioPharma Solutions, commented:
“We are proud to deepen our partnership with Telix. By combining our cyclotron leadership with Telix’s innovative approach and ARTMS technology, we are working to accelerate the availability of advanced diagnostic tools. This collaboration exemplifies our mission to protect, enhance, and save lives by making nuclear medicine more accessible worldwide and delivering meaningful impact for patients.”
Chad Watkins, General Manager Isotope Strategy at Telix added:
“Expanding our isotope production and manufacturing capabilities at RLS with IBA’s technology and the ARTMS QIS system is a critical step in improving patient outcomes. This investment in the RLS/Telix network will help ensure that clinicians have reliable, nationwide access to the precision tools they need to diagnose and treat cancer more effectively.”
***Ends***
About IBA
IBA (Ion Beam Applications S.A.) is the world leader in particle accelerator technology. The company is the leading supplier of equipment and services in the fields of proton therapy, considered as one of the most advanced forms of radiation therapy available today, as well as industrial sterilization, radiopharmaceuticals and dosimetry. The company, based in Louvain-la-Neuve, Belgium, employs approximately 2,100 people worldwide. IBA is a certified B Corporation (B Corp) meeting the highest standards of verified social and environmental performance.
IBA is listed on the pan-European stock exchange EURONEXT (IBA: Reuters IBAB.BR and Bloomberg IBAB.BB). More information can be found at: www.iba-worldwide.com
About Telix Pharmaceuticals Limited
Telix is a global biopharmaceutical company focused on the development and commercialization of therapeutic and diagnostic radiopharmaceuticals and associated medical technologies, with the goal to address significant unmet medical needs in oncology and rare diseases. With international operations in the United States, United Kingdom, Brazil, Canada, Europe (Belgium and Switzerland), and Japan, Telix is headquartered in Melbourne, Australia. Telix is listed on the Australian Securities Exchange (ASX: TLX) and the Nasdaq Global Select Market (NASDAQ: TLX).
More information: https://telixpharma.com or you can also follow Telix on LinkedIn, X and Facebook.
About RLS Radiopharmacies
RLS Radiopharmacies is America’s only nationwide radiopharmacy network accredited by The Joint Commission, reflecting our commitment to quality, care, and innovation. With advanced facilities, expert teams, and a vertically integrated supply chain, we ensure safe, reliable access to a wide range of diagnostic and therapeutic radiopharmaceuticals. Learn how we’re shaping the future of nuclear medicine at https://RLS.bio.
The Telix Pharmaceuticals, Telix Group company, and Telix product names and logos are trademarks of Telix Pharmaceuticals Limited and its affiliates - all rights reserved and used with permission. Trademark registration status may vary from country to country.
For further information, please contact:
IBA Investor Relations
Thomas Pevenage
+32 10 475 890 [email protected] Corporate Communication
Olivier Lechien
+32 10 475 890 [email protected] Cautionary Statement Regarding Forward-Looking Statements
This announcement may contain forward-looking statements, including within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, that relate to anticipated future events, financial performance, plans, strategies or business developments. Forward-looking statements can generally be identified by the use of words such as “may”, “expect”, “intend”, “plan”, “estimate”, “anticipate”, “believe”, “outlook”, “forecast” and “guidance”, or the negative of these words or other similar terms or expressions. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Actual results, performance or achievements may be materially different from those which may be expressed or implied by such statements, and the differences may be adverse. Accordingly, you should not place undue reliance on these forward-looking statements.
1 This contract, signed at the end of 2025, will be booked in IBA’s 2025 order intake. In accordance with its financial communication policy, IBA announces the conclusion of commercial contracts after receiving the first instalment.
20260320-IBA_Telix-PR-EN
2026-03-20 07:061mo ago
2026-03-20 02:001mo ago
Novartis agrees to acquire a pan-mutant-selective PI3Kα inhibitor, strengthening its breast cancer pipeline
Proposed acquisition supports the Novartis oncology strategy in hormone receptor positive, human epidermal growth factor receptor two-negative (HR+/HER2-) breast cancer The lead asset, SNV4818, currently in a Phase 1/2 clinical study, is designed to selectively target PI3Kα mutations in breast cancer while sparing wild-type PI3Kα, thus reducing unwanted side effects and improving tolerabilityAddresses a well‑defined patient population with significant unmet need -- approximately 40% of HR+/HER2- breast cancer patients have PIK3CA mutations Basel, March 20, 2026 – Novartis today announced that it has entered into an agreement with Synnovation Therapeutics, LLC to acquire SNV4818, a pan-mutant‑selective PI3Kα inhibitor, exploring a next-generation approach for the treatment of patients with HR+/HER2- breast cancer and potentially other solid tumor indications.
SNV4818 is an oral drug currently being evaluated in a Phase 1/2 study for breast cancer and other advanced solid tumors. The biology of mutated PI3Kα in HR+/HER2- breast cancer is well-understood, with approximately 40% of HR+/HER2- breast cancer patients potentially facing worse disease prognosis due to the presence of PIK3CA mutations in their tumors. The program is aligned with the Novartis commitment to developing treatments that improve the lives of patients with breast cancer. It fits naturally alongside CDK inhibitors as well as endocrine (hormonal) therapies as part of a potential combination regimen.
“While mutated PI3Kα is a well‑established driver in HR+/HER2‑ breast cancer, there remains a challenge in achieving effective pathway inhibition with a tolerable therapeutic profile,” said Shreeram Aradhye, M.D., President of Development at Novartis. “SNV4818 applies new mutant‑selective chemistry to more precisely target tumor biology while sparing normal cells. This approach has the potential to translate proven biology into improved tolerability and more durable benefit for patients through precision medicine.”
SNV4818 is designed to target the mutated PI3Kα enzyme found in cancer cells while sparing the wild-type (normal) PI3Kα in healthy cells. Available PI3Kα inhibitors block both mutant and wild-type PI3Kα, leading to tolerability challenges that make it difficult to keep patients on treatment. By focusing on the mutated form in tumors, SNV4818 aims to reduce unwanted side effects, support more consistent dosing, and make it easier to combine with hormonal therapy and other treatments earlier in care. Preclinical studies show strong activity against common PIK3CA mutations and clear selectivity over the normal enzyme, with clinical evaluation ongoing.
Transaction Details
Under the terms of the agreement, Novartis will pay USD 2 billion upfront and up to USD 1 billion in milestone payments to Synnovation Therapeutics, LLC to acquire Pikavation Therapeutics, Inc., a wholly- owned subsidiary of Synnovation that holds a portfolio of pan-mutant selective PI3Kα inhibitor programs, including SNV4818. The transaction is expected to close in H1 2026, subject to the satisfaction or waiver of customary closing conditions, including regulatory approvals.
Novartis in oncology
The Novartis oncology strategy focuses on people living with cancer and those who care for them, from loved ones to clinical care teams, including their providers. For the past 30+ years, the aim has been to extend and improve lives by discovering differentiated, innovative and practice-changing medicines for patients.
As Novartis reimagines medicine, it collaborates with a wide range of patient advocacy groups and supports education, early cancer screening and diagnosis. With a broad research and development portfolio across solid tumors, hematology and radioligand therapy (RLT), Novartis is committed to using technology, leading science and patient-centered research to deliver pioneering cancer care for all those in need.
About Novartis
Novartis is an innovative medicines company. Every day, we work to reimagine medicine to improve and extend people’s lives so that patients, healthcare professionals and societies are empowered in the face of serious disease. Our medicines reach more than 300 million people worldwide.
Reimagine medicine with us: Visit us at https://www.novartis.com and connect with us on LinkedIn, Facebook, X/Twitter and Instagram.
Disclaimer
This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements can generally be identified by words such as “potential,” “can,” “will,” “plan,” “may,” “could,” “would,” “expect,” “anticipate,” “look forward,” or similar expressions, or by express or implied discussions regarding: potential new products or programs, including SNV4818; potential new indications for existing products; potential product launches or potential future revenues from any such products; results of ongoing clinical trials; or potential future, pending or announced transactions, including the acquisition of Pikavation Therapeutics, Inc.; or potential future sales or earnings. You should not place undue reliance on these statements. Such forward-looking statements are based on the current beliefs and expectations of management regarding future events, and are subject to significant known and unknown risks and uncertainties. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those set forth in the forward-looking statements. There can be no guarantee that SNV4818 will be submitted or approved for sale or for any additional indications or labeling in any market, or at any particular time. Neither can there be any guarantee that the expected benefits or synergies from this transaction will be achieved in the expected timeframe, or at all, nor can there be any guarantee that SNV4818 will be commercially successful in the future. In particular, our expectations regarding SNV4818 or the transaction described in this press release could be affected by, among other things, the satisfaction of customary closing conditions including regulatory approvals, as well as uncertainties concerning: global healthcare cost containment, including ongoing government, payer and general public pricing and reimbursement pressures and requirements for increased pricing transparency; ; research and development of new products, including clinical trial results and additional analysis of existing clinical data; our ability to obtain or maintain proprietary intellectual property protection, including the ultimate extent of the impact on Novartis of the loss of patent protection and exclusivity on key products; our ability to realize the strategic benefits, operational efficiencies or opportunities expected from our external business opportunities; the development or adoption of new technologies, including artificial intelligence, and new business models; actual or potential legal proceedings, including regulatory actions or delays or government regulation related to the products and pipeline products described in this press release; safety, quality, data integrity, or manufacturing issues; major macroeconomic and geo- and socio-political developments, including the impact of any potential tariffs on our products or the impact of war in certain parts of the world; future demand for our products; and other risks and factors referred to in Novartis AG’s most recently filed Form 20-F and in subsequent reports filed with, or furnished to, the US Securities and Exchange Commission. Novartis is providing the information in this press release as of this date and does not undertake any obligation to update any forward-looking statements as a result of new information, future events or otherwise.
# # #
2026-03-20 07:061mo ago
2026-03-20 02:001mo ago
Standard Chartered, BSI lose bid to join cases in Singapore winding up firms with assets linked to 1MDB
Standard Chartered logo is seen in this illustration taken January 7, 2026. REUTERS/Dado Ruvic/Illustration Purchase Licensing Rights, opens new tab
SINGAPORE, March 20 (Reuters) - Singapore's High Court ruled against a bid by Standard Chartered (STAN.L), opens new tab and BSI Bank to be heard in applications seeking to wind up some foreign entities as part of efforts to recover assets linked to Malaysia's scandal-hit sovereign wealth fund 1MDB, according to a judgment issued on Thursday.
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Judge Aidan Xu held that Standard Chartered Bank (Singapore), BSI Bank and former BSI banker Hans Peter Brunner did not have standing to take part in four applications brought by British Virgin Islands companies in liquidation, including Brazen Sky and Blackstone Asia Real Estate Partners.
The companies are seeking winding-up orders in Singapore so their liquidators can pursue claims to unwind transactions that took place before Singapore adopted its current cross-border insolvency rules.
Xu said the banks were not contingent creditors merely because they might later obtain costs orders, and a narrow exception for non-creditor participation did not apply.
Last October, Xu dismissed a bid by foreign liquidators to sue Standard Chartered Bank and BSI Bank in Singapore over transactions allegedly linked to 1MDB.
U.S. and Malaysian investigators say about $4.5 billion was stolen from the 1Malaysia Development Bhd state fund between 2009 and 2014 in a complex, globe-spanning scheme that resulted in the jailing of former prime minister Najib Razak.
Standard Chartered, the liquidators and BSI did not immediately respond to requests for comment on Friday.
Reporting by Yantoultra Ngui and Xinghui Kok
Our Standards: The Thomson Reuters Trust Principles., opens new tab
2026-03-20 07:061mo ago
2026-03-20 02:031mo ago
Tripadvisor: Activist Pressure Supports Our Upside Outlook
Analyst’s Disclosure: I/we have a beneficial long position in the shares of TRIP either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
With $75 billion in annual revenue, defense contractor Lockheed Martin (LMT 0.94%) is literally the world's largest pure-play defense stock. And now it's time to watch Lockheed Martin get even bigger.
This week, Reuters reported that the government of Greece is preparing to spend massively to upgrade its military after watching neighboring Cyprus suffer multiple attacks from Iranian drones and ballistic missiles. Total spending on the defense program could exceed 4 billion euros (about $4.6 billion). At least 1 billion of that -- $1.15 billion -- would go directly to Lockheed Martin to pay for upgrading 38 F-16C fighter jets into the modern F-16 Vipers.
The F-16 Viper (aka F-16V) boasts improved bomb load, better radar, better computers, and -- importantly -- the ability to integrate its data feeds with fifth-generation fighters such as Lockheed's own F-35 Lightning II. To date, Greece has ordered 20 F-35s from Lockheed, with options to buy 20 more.
Image source: Getty Images.
You get an F-16! And you get an F-16! Lockheed Martin's F-16 is hands down the most popular fighter jet in the world. According to aviation news site FlightGlobal, fully 15% of all fighter jets on Earth (2,102 planes in active service) are Lockheed Martin F-16s. Greece alone owns 152 of them, but has upgraded only about 40 to F-16Vs -- meaning this week's $1.15 billion deal could expand to as much as $3.5 billion as Greece continues to upgrade the fleet.
Nor is Greece the only country upgrading its air force with F-16s. Aerospace Global News reports that Greek neighbor Bulgaria and nearby Slovakia are buying F-16Vs. Ukraine, Romania, and Argentina are all buying used F-16s that might be upgraded later (by Lockheed Martin). Turkey is both buying new and upgrading existing F-16s.
Long story short, even if the F-35 -- called Lockheed's "trillion-dollar warplane" for the amount of orders it's expected to collect in total -- is the future for Lockheed Martin, the aerospace giant is also making bank by selling and upgrading the plane that made it famous in the first place.
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Is Lockheed Martin stock a buy? Priced at 30 times earnings and more than twice trailing sales, it's not cheap. Over the past two decades, Lockheed's stock price has averaged closer to 1.3 times sales, suggesting investors may be reading too much into current demand.
That said, Lockheed is generating a lot of cash right now -- $6.9 billion over the past 12 months, according to data from S&P Global Market Intelligence, or nearly 40% more than reported net income. Given the price-to-free-cash-flow ratio of only 21.5, the 2.1% dividend yield, and the analyst forecast of nearly 19% long-term earnings growth, there's an argument to be made that Lockheed stock is cheaper than it looks.
If you ask me, it really all depends on the growth rate. If the analysts are right, though, and Lockheed grows as fast as they're projecting, Lockheed Martin stock could be fairly priced -- and maybe even cheap enough to buy.
2026-03-20 07:061mo ago
2026-03-20 02:051mo ago
Novartis to Acquire Synnovation Therapeutics' Pan-Mutant Selective PI3Kα Inhibitor Program
WILMINGTON, Del.--(BUSINESS WIRE)--Synnovation Therapeutics, LLC (“Synnovation”), a clinical-stage biotechnology company with a diverse pipeline of novel small-molecule targeted therapies in oncology and immunology today announced a definitive agreement for Novartis to acquire Pikavation Therapeutics, Inc. (“Pikavation”) and its portfolio of PI3Kα inhibitor programs, including SNV4818. Pikavation is a wholly-owned subsidiary of Synnovation. SNV4818 is a potentially best-in-class pan-mutant sele.
2026-03-20 07:061mo ago
2026-03-20 02:051mo ago
BellRing Brands, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - BRBR
, /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against BellRing Brands, Inc. ("BellRing" or "the Company") (NYSE: BRBR) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of BRBR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.
CLASS PERIOD: November 19, 2024 to August 4, 2025
DEADLINE: March 23, 2026
CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. BellRing misled the market by claiming it enjoyed strong customer demand and a strong competitive position in the market. In fact, its sales were driven by customers stockpiling inventory. Based on these facts, BellRing's public statements were false and materially misleading throughout the class period.
If you are a shareholder who suffered a loss, contact us to participate.
WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.
Join the case to recover your losses.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: [email protected]
SOURCE DJS Law Group LLP
2026-03-20 07:061mo ago
2026-03-20 02:091mo ago
Paysafe Limited Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - PSFE
, /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Paysafe Limited ("Paysafe" or "the Company") (NYSE: PSFE) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of PSFE during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.
CLASS PERIOD: March 4, 2025 to November 12, 2025
DEADLINE: April 7, 2026
CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Paysafe had significant exposure to a high credit risk client of its e-commerce business. The Company was likely to fall short of its previously issued financial guidance for fiscal year 2025. Based on these facts, Paysafe's public statements were false and materially misleading throughout the class period.
If you are a shareholder who suffered a loss, contact us to participate.
WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.
Join the case to recover your losses.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: [email protected]
SOURCE DJS Law Group LLP
2026-03-20 07:061mo ago
2026-03-20 02:101mo ago
KD Investors Have Opportunity to Lead Kyndryl Holdings, Inc. Securities Fraud Lawsuit with the Schall Law Firm
, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Kyndryl Holdings, Inc. ("Kyndryl" or "the Company") (NYSE: KD) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Investors who purchased the Company's securities between August 7, 2024 and February 9, 2026, inclusive (the "Class Period"), are encouraged to contact the firm before April 13, 2026.
If you are a shareholder who suffered a loss, click here to participate.
We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].
The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.
According to the Complaint, the Company made false and misleading statements to the market. Kyndryl materially misstated its financial statements. The Company failed to maintain adequate internal controls over financial reporting. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Kyndryl, investors suffered damages.
Join the case to recover your losses
The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]
SOURCE The Schall Law Firm
2026-03-20 07:061mo ago
2026-03-20 02:121mo ago
Geely: Positive On Profit Surge And Favorable Prospects
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.
Altcoins, or any cryptocurrency other than Bitcoin (BTC 0.43%), are often considered speculative investments. Whereas Bitcoin can be actively mined, valued by its scarcity, and considered a hedge against inflation, many altcoins have fewer visible strengths. Instead, they often trade on headlines, market hype, and a "fear of missing out". That said, investors shouldn't simply gloss over all these altcoins.
Some of them can still be valued for their scarcity and utility, attracting more attention from developers and investors as the crypto market heats up again. Two such coins are Solana (SOL 1.00%) and Cardano (ADA +0.06%). While I wouldn't bet the farm on either of these altcoins in this wobbly market, I believe they could turn a modest $100 investment into a lot more money over the next few decades as more catalysts kick in.
Image source: Getty Images.
Solana Solana, like Ethereum (ETH 2.52%), is a proof-of-stake (PoS) blockchain that supports staking (locking up tokens to earn interest-like rewards) and smart contracts, which are used to develop decentralized apps and other crypto assets. However, it accelerates those transactions with its own proof-of-history (PoH) mechanism, which timestamps them before they're validated.
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That upgrade enables Solana's native Layer 1 (L1) blockchain to achieve real-world speeds of 2,000 to 5,000 transactions per second (TPS). Ethereum's L1 blockchain can only achieve real-world speeds of about 15-30 TPS, but it's keeping up with Solana with Layer 2 (L2) "rollups" that bundle together transactions and process them off-chain at much higher speeds.
Solana hosted 17,708 active developers at the end of 2025, making it the second-largest blockchain-based developer platform after Ethereum (31,869 developers). Visa (V +0.29%) also uses Solana to settle stablecoin payments, while Shopify (SHOP 1.12%) integrates Solana Pay into its checkout services, enabling its merchants to accept cryptocurrency payments.
With 571 million tokens in circulation and no fixed supply limit, Solana can't be valued by its scarcity. However, its high transaction speeds, rapid growth in developers, and digital payment and e-commerce partnerships make it more useful than other smaller altcoins. Moreover, Solana's first spot price exchange-traded funds (ETFs) with staking features were approved last year -- and big inflows from institutional investors could drive its price a lot higher.
Cardano Cardano is another PoS blockchain that supports staking and smart contracts. Its L1 blockchain achieves real-world speeds of around 250 TPS -- putting it ahead of Ethereum but behind Solana -- but it's only used by a few hundred developers. That's because each of its projects must be approved through formal peer reviews to ensure scalability and security.
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That selective nature makes Cardano an appealing blockchain partner for large companies and government clients, but it hasn't yet scaled those partnerships as much as Ethereum or Solana. However, Cardano can also achieve higher speeds of about 1,000 TPS through its Layer 2 (L2) Hydra "heads" -- that bundle together its transactions and process them off-chain.
Cardano has a circulating supply of 36 billion tokens with a supply cap of 45 billion, so it can be valued by both its scarcity and its usefulness to developers. In 2026, the bulls expect Hydra to attract more partners with its high-speed, low-cost transactions, its Mithril validation upgrade to improve syncing and efficiency for wallets and nodes, and its next-gen Ouroboros Leios consensus mechanism to significantly boost maximum speeds.
Cardano's upcoming Midnight privacy upgrade, which enables confidential smart contracts, could make it more appealing for tightly regulated industries. Its first spot-price ETFs could also be approved in the near future, attracting more attention from institutional investors. All of these catalysts could make Cardano an appealing long-term investment.
2026-03-20 07:061mo ago
2026-03-20 02:131mo ago
Alibaba workforce shrinks 34% in 2025 as Chinese tech giant doubles down on AI
Alibaba's workforce shrank by roughly 34% over the course of 2025, as the company offloaded some of its offline retail businesses while doubling down on artificial intelligence.
The Chinese e-commerce and technology giant ended December with 128,197 employees, down from 194,320 a year earlier.
The disclosure of its latest headcount came in an earnings report released Thursday that showed the firm's profit plunging 67% and its revenue missing expectations for the last three months of last year.
The company's shares in Hong Kong were trading down 6% Friday.
The bulk of Alibaba's workforce reduction was revealed in its March 2025 quarter following the sale of Sun Art retail group at the end of 2024. The tech giant also exited its stake in department store chain Intime around the same period.
China's second-largest tech company by market cap is amongst a raft of other major tech firms that have reduced headcounts in the past year from Silicon Valley to Hangzhou, China.
Alibaba's staff has supported its sprawling network of business units spanning e-commerce, cloud, logistics, and other related services.
However, Alibaba has been steadily reducing headcount in recent years, though the latest cuts were much larger than the 11% reduction in December 2024 from the prior year.
This comes as Alibaba has sought to offload labor-intensive holdings and restructure its core businesses, with a major focus on artificial intelligence.
The tech giant aims to become a full-stack AI company spanning semiconductor manufacturing to computing and AI models.
The company this week launched an agentic AI service known as Wukong for businesses, and hiked prices for its cloud and storage services by as much as 34% due to rising demand and supply chain costs.
Alibaba CEO Eddie Wu said during an earnings call Thursday that the company aimed to grow its cloud and AI revenue to over $100 billion annually over the next five years.
2026-03-20 07:061mo ago
2026-03-20 02:151mo ago
What if ASML Becomes the Next Trillion-Dollar Stock?
In his keynote from GTC 2026 on March 16, Nvidia (NVDA 0.87%) CEO Jensen Huang reflected on his prior guidance for $500 billion in Blackwell and Rubin purchase orders through 2026. Now he sees at least $1 trillion in artificial intelligence (AI) chip orders through 2027, and said he was certain computing demand would be much higher than that. Note that these are orders that would be realized over a multiyear period.
Earlier this month, Broadcom (AVGO +1.43%) CEO Hock Tan forecast $100 billion in fiscal 2027 revenue from AI chips alone.
As recent research by The Motley Fool shows, Amazon, Microsoft, Alphabet's Google, and Meta Platforms are expected to approach $600 billion in combined 2026 capital expenditures, with a lot of that going toward AI.
This AI spending spree wouldn't be possible without ASML (ASML +0.86%).
Here's why ASML could become the first European company to reach $1 trillion in market capitalization, and if it's a buy now.
Image source: Getty Images.
ASML's invaluable role in semiconductor manufacturing AI chips are becoming more efficient through innovations from companies like Nvidia and Broadcom, improvements in networking and codesign, and new techniques such as Taiwan Semiconductor Manufacturing's (TSM 0.33%) (TSMC) advanced 2-nanometer (N2) process technology. N2 entered high-volume manufacturing in the fourth quarter of 2025.
Technologies like Nvidia's Rubin architecture will likely use N2 to improve energy efficiency and power for high-performance computing AI workloads. Pushing the bounds of semiconductor manufacturing is a boon for ASML.
Semiconductor foundries like those operated by TSMC, Samsung Electronics, and Intel depend on highly advanced semiconductor machinery for the various stages of chip manufacturing, from deposition to lithography, plasma etching, polishing, metal deposition, and process control solutions.
ASML specializes in the lithography part of this process, which is often considered the most complicated. ASML has competitors in deep ultraviolet technology, but it has a virtual monopoly over extreme ultraviolet (EUV) systems, which are primarily used to produce advanced AI chips.
Demand for EUV is soaring, as high-margin EUV machines are making up an increasingly larger percentage of ASML's bookings. Its most advanced High NA EUV machines are still reaching commercial scale, as ASML confirmed revenue from just two of these systems in its latest quarter (fourth quarter 2025) compared to 94 new lithography systems units sold.
ASML and its semiconductor equipment peers, such as Lam Research, Applied Materials, and KLA, benefit from accelerating demand for AI chips. ASML has a long runway for growth as it ramps deliveries of its latest EUV machines. And it also benefits from a recurring revenue stream from servicing existing machines in operation -- with installed base management sales accounting for a quarter of total 2025 sales.
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An elite stock at a premium valuation ASML is a foundational AI stock to build a portfolio around. Mid-teens double-digit earnings growth or better could pole vault ASML to a $1 trillion market cap in the next three to five years -- considering its market cap is already $540 billion at the time of this writing.
The main challenge with ASML isn't its business model, but its valuation. ASML sports a price-to-earnings (P/E) ratio of 49.3 and a forward P/E of 39.8 compared to a 10-year median P/E of 35.8. Given its invaluable market position in AI, ASML deserves a premium valuation. But it puts pressure on the company to perform, and leaves ASML more vulnerable to a cyclical slowdown in AI spending.
Daniel Foelber has positions in ASML and Nvidia. The Motley Fool has positions in and recommends ASML, Alphabet, Amazon, Applied Materials, Intel, Lam Research, Meta Platforms, Microsoft, Nvidia, and Taiwan Semiconductor Manufacturing. The Motley Fool recommends Broadcom. The Motley Fool has a disclosure policy.
HAMILTON, Bermuda, March 20, 2026 /PRNewswire/ -- FLEX LNG Ltd. (NYSE: FLNG) ("FLNG" or the "Company") advises that the 2026 Annual General Meeting of the Company will be held on 5 May 2026. The record date for voting at the Annual General Meeting is set to 24 March 2026. A copy of the Notice of Annual General Meeting and associated information, including the Company's Annual Report on Form 20-F, will be distributed and made available on the Company's website at www.flexlng.com prior to the meeting.
The Board of Directors
FLEX LNG Ltd.
Hamilton, Bermuda
This information was brought to you by Cision http://news.cision.com.
Milestone Pharmaceuticals Inc. (NASDAQ:MIST) will release earnings for its fourth quarter before the opening bell on Friday, March 20.
Analysts expect the Montreal, Canada-based company to report a quarterly loss of 16 cents per share on revenue of $1.20 million, according to Benzinga Pro.
On Feb. 10, Milestone Pharmaceuticals named David Sandoval as general counsel and chief compliance officer.
Shares of Milestone Pharmaceuticals closed at $1.70 on Thursday.
Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.
Let's have a look at how Benzinga's most-accurate analysts have rated the company in the recent period.
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The logo of Swiss drugmaker Novartis AG is seen at its headquarters in Basel, Switzerland January 25, 2017. REUTERS/Arnd Wiegmann Purchase Licensing Rights, opens new tab
FRANKFURT, March 20 (Reuters) - Novartis (NOVN.S), opens new tab said on Friday it agreed to acquire breast cancer drug candidate SNV4818 from Synnovation Therapeutics for $2 billion upfront and up to $1 billion contingent on further development achievements.
The experimental drug belongs to the class of selective PI3Kα inhibitors, a new approach for the treatment of a type of breast cancer known as HR positive/HER2 negative and potentially other solid tumours.
Keep up with the latest medical breakthroughs and healthcare trends with the Reuters Health Rounds newsletter. Sign up here.
Reporting by Ludwig Burger; Editing by Himani Sarkar
Our Standards: The Thomson Reuters Trust Principles., opens new tab
2026-03-20 07:061mo ago
2026-03-20 02:281mo ago
China's record oil output reaches limits of what's possible
SummaryCompaniesOffshore boom, shale oil, enhanced oil recovery lift output to record in 2025Tertiary recovery is world's largest on a commercial scaleOutput to plateau around 4 mln bpd level for another decadeShale oil output may double by 2035, but commercially challengingMarch 20 (Reuters) - China, the world's top oil importer, succeeded in a seven-year campaign to boost its own production, achieving a record high last year with aggressive drilling at ageing fields, an offshore boom and nascent shale oil output.
But it is reaching what experts say is the limit of what it can economically produce, as offshore growth starts to taper off and higher-cost unconventional resources prove increasingly difficult to exploit, according to analysts.
The Reuters Power Up newsletter provides everything you need to know about the global energy industry. Sign up here.
Output is expected to plateau just below last year's record 4.32 million barrels per day (bpd) for another decade, industry experts say, a level seen in the industry as a national security "stabiliser" for basic manufacturing and military needs.
Beijing's 2026-2030 plan, released on March 5, confirmed that view, calling for output to be maintained at 4 million bpd.
That means China will remain heavily reliant on imports, which last year totalled 11.55 million bpd, even as its oil demand peaks with the country electrifying its transportation fleet and economic growth slowing.
"The three national oil companies are trying to maintain that level as long as they can, which is seen as a minimum amount to cope with unpredictable supply disruptions," said Zhu Weilin, a professor at Shanghai's Tongji University who until 2016 was chief geologist at China National Offshore Oil Company (CNOOC).
Highlighting the need for domestic production, the escalating war in the Middle East has cut crude exports from the region that supplies half of China's imports.
China’s oil output began to decline in 2015, while refinery throughput kept rising, leading to higher import dependence.SCRAPING THE LAST GREASE OFF THE PLATEChina first hit the 4 million-bpd output mark in 2010 when its demand was exploding.
Its flagship Daqing oil field, which opened 66 years ago and was held up by Mao Zedong as a model of China's industrialisation, remains essential, yielding 600,000 bpd.
At the sprawling field in northeast China, engineers apply technology known as "tertiary recovery", injecting a mix of chemicals into oil reservoirs to "scrape the last grease off a plate", as Zhu described it.
According to CNPC experts, such methods boost output by 20% above "secondary" recovery that involves injecting water.
"The scale of polymer flooding in Daqing oil field is unparalleled, and the method appears to have been highly optimised," said Oscar Abbink, upstream technology director at S&P Global Energy.
Daqing still pumping 600,000 bpd thanks to "tertiary recovery"The expertise of injecting chemicals as well as heat, and more recently carbon dioxide and gas, to wring out more oil from mature wells, honed over the past quarter-century and expanded to other ageing fields, such as Liaohe and Xinjiang, has won CNPC's drilling team contracts in countries including Saudi Arabia and Iraq.
Cheng Jiecheng, Daqing's chief expert on tertiary recovery, told CNPC's in-house newspaper last June that the chemical-based technology alone could unlock an additional 7.3 billion barrels of reserves from China's older fields.
Tertiary recovery has yielded some 161 million barrels of oil a year for CNPC alone for the past two decades, or 10% of national output, and will likely grow to 219 million barrels by 2035, said a separate industry veteran specialising in the field, declining to be named as he was not authorised to speak with media.
While such technologies are also used in North America and the Middle East, China's use of them is at the largest commercial scale and among the most cost-efficient, said Yu Baihui of S&P Global Energy, who estimated China's tertiary efforts are delivering 20% of output.
SEVEN-YEAR ACTION PLANAlarmed when production fell below 4 million bpd in 2016 after companies shut in high-cost wells in the face of crashing oil prices, Beijing in 2018 launched a seven-year action plan rallying state giants to accelerate drilling. That push included tapping tougher terrain as deep as 10,000 metres (6.21 miles) below the Gobi Desert and stepping up offshore production.
Offshore specialist CNOOC led production growth with projects such as Bozhong 19-6 and Bozhong 26-6 in northern China's Bohai Bay and the deepwater Kaipingnan field in the South China Sea.
Bohai, now China's most productive region, pumped 740,000 bpd of crude in 2025, 55% more than a decade earlier. Bohai accounted for 40% of national output growth between 2021 and 2025, CNOOC said.
China’s three state-owned oil companies have spent more than 400 billion yuan annually on exploration and development since 2023, up from less than 300 billion yuan in 2015.COSTLY SHALE STARTS TO DELIVERSince 2010, state firms have boosted drilling in shale formations, using hydraulic fracturing, or fracking, and horizontal drilling techniques.
However, in China such oil is mostly found in lacustrine shale formed from freshwater lakes where hydrocarbon deposits are more fragmented than in the marine shale that has driven a production boom in North America, with record U.S. shale oil output around 9.7 million bpd last year.
China’s shale oil production has witnessed tremendous growth over the past seven years, rising from 4.54 million barrels a year in 2018 to 60.44 million barrels in 2025, with output nearly doubling over the past two years.While lacustrine shale has never been commercially developed anywhere, Chinese companies pumped nearly 164,000 bpd of shale oil last year, up 30% from 2024, from pilot projects at Qingcheng in the Ordos Basin, Gulong in Daqing and Jimsar in the northwest, according to a CNPC report and Rystad Energy.
China's shale oil remains "commercially challenging" because of low single-well output and high costs as companies increasingly tackle deeper formations, a CNPC research report said last October.
Full-cycle costs range between $45 and $90 a barrel, higher and more variable than in the U.S. However, projects like Jimsar in the northwest have brought down costs to around $45 with faster and more accurate directional drilling, S&P Global Energy analysts said.
Still, shale oil output could double to 120 million barrels annually, or 8% of China's total by 2035, Rystad forecasts, as PetroChina and Sinopec develop pilot projects such as Yingxiongling in the northwestern Chaidamu basin and Fuxing in southwestern Sichuan.
PetroChina and Sinopec did not respond to emailed requests for comment.
Energy research firm Wood Mackenzie sees China's output broadly flat through 2026 before gradually declining, while Rystad expects production growth to slow over the next five years and peak between 2028 and 2030 at about 4.36 million bpd.
China, meanwhile, is aggressively stepping up strategic stockpiling to provide a supply cushion.
"A production peak would also signal the limits of policy-driven supply growth and reinforce China's long-term reliance on global oil markets, even as demand growth slows," said Matthew Andre, an associate research director at S&P Global Energy.
Reporting by Chen Aizhu and Sam Li; Editing by Sonali Paul
Our Standards: The Thomson Reuters Trust Principles., opens new tab
London, 20 March 2026 – Endeavour Mining plc (LSE:EDV, TSX:EDV) (“the Company”) announces it has purchased the following number of its ordinary shares of USD 0.01 each from Stifel Nicolaus Europe Limited.
Aggregated information
Dates of purchase:19 March 2026Aggregate number of ordinary shares of USD 0.01 each purchased:60,000Lowest price paid per share (GBp): 3,964.00Highest price paid per share (GBp): 4,384.08Volume weighted average price paid per share (GBp): 4,223.07 Following the cancellation of the repurchased shares, the Company will have no ordinary shares in treasury and 242,512,242 ordinary shares in issue. Therefore the total voting rights in the Company will be 242,512,242. This figure for the total number of voting rights may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company under the FCA’s Disclosure Guidance and Transparency Rules.
These share purchases form part of the Company’s buy-back programme announced on 20 March 2025.
Transaction details
In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the table below contains detailed information of the individual trades made by Stifel Nicolaus Europe Limited as part of the buyback programme.
Transaction date and timeVolumePrice (GBp)Trading Venue19 Mar 2026, 06:29 AM30,0004,384.08TSX*19 Mar 2026, 08:08 AM2514,158.00LSE19 Mar 2026, 08:08 AM134,158.00LSE19 Mar 2026, 08:08 AM834,158.00LSE19 Mar 2026, 08:09 AM1144,158.00LSE19 Mar 2026, 08:09 AM414,158.00LSE19 Mar 2026, 08:09 AM1144,158.00LSE19 Mar 2026, 08:09 AM94,158.00LSE19 Mar 2026, 08:09 AM94,158.00LSE19 Mar 2026, 08:09 AM1084,158.00LSE19 Mar 2026, 08:09 AM1254,158.00LSE19 Mar 2026, 08:09 AM1254,158.00LSE19 Mar 2026, 08:09 AM1264,158.00LSE19 Mar 2026, 08:09 AM2514,158.00LSE19 Mar 2026, 08:09 AM2514,158.00LSE19 Mar 2026, 08:09 AM2514,158.00LSE19 Mar 2026, 08:09 AM984,158.00LSE19 Mar 2026, 08:09 AM314,158.00LSE19 Mar 2026, 08:28 AM2504,136.00LSE19 Mar 2026, 08:28 AM694,136.00LSE19 Mar 2026, 08:28 AM484,136.00LSE19 Mar 2026, 08:28 AM1334,136.00LSE19 Mar 2026, 08:28 AM1174,136.00LSE19 Mar 2026, 08:28 AM2504,136.00LSE19 Mar 2026, 08:28 AM1334,136.00LSE19 Mar 2026, 09:51 AM464,134.00LSE19 Mar 2026, 09:51 AM764,134.00LSE19 Mar 2026, 09:51 AM1284,134.00LSE19 Mar 2026, 09:51 AM2504,134.00LSE19 Mar 2026, 09:51 AM2504,134.00LSE19 Mar 2026, 10:17 AM2504,134.00LSE19 Mar 2026, 10:17 AM2504,134.00LSE19 Mar 2026, 10:17 AM2504,134.00LSE19 Mar 2026, 10:17 AM2504,134.00LSE19 Mar 2026, 10:17 AM2504,134.00LSE19 Mar 2026, 10:22 AM134,118.00LSE19 Mar 2026, 10:41 AM2384,118.00LSE19 Mar 2026, 10:41 AM414,118.00LSE19 Mar 2026, 10:41 AM2104,118.00LSE19 Mar 2026, 10:41 AM414,118.00LSE19 Mar 2026, 10:41 AM2514,118.00LSE19 Mar 2026, 10:41 AM524,118.00LSE19 Mar 2026, 10:41 AM354,118.00LSE19 Mar 2026, 10:41 AM174,118.00LSE19 Mar 2026, 10:41 AM1024,118.00LSE19 Mar 2026, 11:05 AM74,098.00LSE19 Mar 2026, 11:05 AM2084,098.00LSE19 Mar 2026, 11:05 AM74,098.00LSE19 Mar 2026, 11:05 AM1964,098.00LSE19 Mar 2026, 11:05 AM194,098.00LSE19 Mar 2026, 11:05 AM1894,098.00LSE19 Mar 2026, 11:05 AM864,098.00LSE19 Mar 2026, 11:08 AM1294,098.00LSE19 Mar 2026, 11:08 AM1384,098.00LSE19 Mar 2026, 11:08 AM214,098.00LSE19 Mar 2026, 11:26 AM2154,090.00LSE19 Mar 2026, 11:26 AM2154,090.00LSE19 Mar 2026, 11:26 AM1384,090.00LSE19 Mar 2026, 11:26 AM84,090.00LSE19 Mar 2026, 11:26 AM474,090.00LSE19 Mar 2026, 11:26 AM64,090.00LSE19 Mar 2026, 11:26 AM324,090.00LSE19 Mar 2026, 11:26 AM1224,090.00LSE19 Mar 2026, 11:26 AM384,090.00LSE19 Mar 2026, 11:26 AM864,090.00LSE19 Mar 2026, 11:26 AM934,090.00LSE19 Mar 2026, 11:46 AM2514,080.00LSE19 Mar 2026, 11:46 AM544,080.00LSE19 Mar 2026, 11:46 AM2514,080.00LSE19 Mar 2026, 11:46 AM1584,080.00LSE19 Mar 2026, 11:46 AM164,080.00LSE19 Mar 2026, 11:46 AM2354,080.00LSE19 Mar 2026, 11:46 AM354,080.00LSE19 Mar 2026, 12:00 PM2504,074.00LSE19 Mar 2026, 12:00 PM2504,074.00LSE19 Mar 2026, 12:00 PM2504,074.00LSE19 Mar 2026, 12:00 PM2504,074.00LSE19 Mar 2026, 12:10 PM694,054.00LSE19 Mar 2026, 12:11 PM1464,054.00LSE19 Mar 2026, 12:11 PM244,054.00LSE19 Mar 2026, 12:11 PM1384,054.00LSE19 Mar 2026, 12:11 PM534,054.00LSE19 Mar 2026, 12:11 PM2154,054.00LSE19 Mar 2026, 12:11 PM614,054.00LSE19 Mar 2026, 12:11 PM2154,054.00LSE19 Mar 2026, 12:11 PM534,054.00LSE19 Mar 2026, 12:11 PM2154,054.00LSE19 Mar 2026, 12:11 PM434,054.00LSE19 Mar 2026, 12:11 PM1874,054.00LSE19 Mar 2026, 12:11 PM284,054.00LSE19 Mar 2026, 12:11 PM344,054.00LSE19 Mar 2026, 12:11 PM2154,054.00LSE19 Mar 2026, 12:11 PM994,054.00LSE19 Mar 2026, 12:11 PM2054,054.00LSE19 Mar 2026, 12:44 PM1124,020.00LSE19 Mar 2026, 12:44 PM124,020.00LSE19 Mar 2026, 12:44 PM914,020.00LSE19 Mar 2026, 12:44 PM14,020.00LSE19 Mar 2026, 12:44 PM2154,020.00LSE19 Mar 2026, 12:44 PM2154,020.00LSE19 Mar 2026, 12:44 PM2154,020.00LSE19 Mar 2026, 12:44 PM1394,020.00LSE19 Mar 2026, 12:47 PM2504,004.00LSE19 Mar 2026, 12:47 PM144,004.00LSE19 Mar 2026, 12:47 PM524,004.00LSE19 Mar 2026, 12:47 PM1844,004.00LSE19 Mar 2026, 12:47 PM664,004.00LSE19 Mar 2026, 12:47 PM1904,004.00LSE19 Mar 2026, 12:47 PM604,004.00LSE19 Mar 2026, 12:47 PM124,004.00LSE19 Mar 2026, 12:47 PM1784,004.00LSE19 Mar 2026, 12:47 PM724,004.00LSE19 Mar 2026, 12:47 PM1764,004.00LSE19 Mar 2026, 12:47 PM664,004.00LSE19 Mar 2026, 12:47 PM84,004.00LSE19 Mar 2026, 12:47 PM2794,004.00LSE19 Mar 2026, 12:47 PM674,004.00LSE19 Mar 2026, 12:47 PM1834,004.00LSE19 Mar 2026, 12:47 PM584,004.00LSE19 Mar 2026, 12:47 PM854,004.00LSE19 Mar 2026, 01:02 PM1623,994.00LSE19 Mar 2026, 01:06 PM2504,002.00LSE19 Mar 2026, 01:06 PM724,002.00LSE19 Mar 2026, 01:06 PM114,002.00LSE19 Mar 2026, 01:06 PM1674,002.00LSE19 Mar 2026, 01:06 PM2664,002.00LSE19 Mar 2026, 01:06 PM2504,002.00LSE19 Mar 2026, 01:06 PM4334,002.00LSE19 Mar 2026, 01:06 PM164,002.00LSE19 Mar 2026, 01:06 PM334,002.00LSE19 Mar 2026, 01:06 PM2014,002.00LSE19 Mar 2026, 01:06 PM494,002.00LSE19 Mar 2026, 01:06 PM124,002.00LSE19 Mar 2026, 01:06 PM784,002.00LSE19 Mar 2026, 01:30 PM2503,996.00LSE19 Mar 2026, 01:30 PM303,996.00LSE19 Mar 2026, 01:30 PM2203,996.00LSE19 Mar 2026, 01:30 PM213,996.00LSE19 Mar 2026, 01:30 PM2413,996.00LSE19 Mar 2026, 01:36 PM93,996.00LSE19 Mar 2026, 01:36 PM2293,996.00LSE19 Mar 2026, 01:47 PM2503,964.00LSE19 Mar 2026, 01:47 PM2503,964.00LSE19 Mar 2026, 01:47 PM843,964.00LSE19 Mar 2026, 01:47 PM353,964.00LSE19 Mar 2026, 01:47 PM2153,964.00LSE19 Mar 2026, 01:47 PM1193,964.00LSE19 Mar 2026, 01:47 PM473,964.00LSE19 Mar 2026, 02:10 PM2504,028.00LSE19 Mar 2026, 02:10 PM2504,028.00LSE19 Mar 2026, 02:10 PM1104,028.00LSE19 Mar 2026, 02:10 PM394,028.00LSE19 Mar 2026, 02:10 PM504,028.00LSE19 Mar 2026, 02:10 PM1194,028.00LSE19 Mar 2026, 02:10 PM424,028.00LSE19 Mar 2026, 02:10 PM1194,028.00LSE19 Mar 2026, 02:10 PM214,028.00LSE19 Mar 2026, 02:18 PM1234,002.00LSE19 Mar 2026, 02:19 PM114,002.00LSE19 Mar 2026, 02:19 PM744,002.00LSE19 Mar 2026, 02:19 PM424,002.00LSE19 Mar 2026, 02:19 PM324,002.00LSE19 Mar 2026, 02:19 PM2504,002.00LSE19 Mar 2026, 02:19 PM2504,002.00LSE19 Mar 2026, 02:19 PM674,002.00LSE19 Mar 2026, 02:19 PM1514,002.00LSE19 Mar 2026, 02:43 PM244,064.00LSE19 Mar 2026, 02:43 PM124,064.00LSE19 Mar 2026, 02:45 PM1564,064.00LSE19 Mar 2026, 02:45 PM224,064.00LSE19 Mar 2026, 02:45 PM364,064.00LSE19 Mar 2026, 02:45 PM1824,064.00LSE19 Mar 2026, 02:45 PM74,064.00LSE19 Mar 2026, 02:45 PM574,064.00LSE19 Mar 2026, 02:45 PM64,064.00LSE19 Mar 2026, 02:45 PM1804,064.00LSE19 Mar 2026, 02:45 PM2504,064.00LSE19 Mar 2026, 02:45 PM264,064.00LSE19 Mar 2026, 02:45 PM154,064.00LSE19 Mar 2026, 02:45 PM24,064.00LSE19 Mar 2026, 02:45 PM254,064.00LSE19 Mar 2026, 02:59 PM214,058.00LSE19 Mar 2026, 02:59 PM1004,058.00LSE19 Mar 2026, 02:59 PM1104,058.00LSE19 Mar 2026, 02:59 PM194,058.00LSE19 Mar 2026, 02:59 PM364,058.00LSE19 Mar 2026, 02:59 PM254,058.00LSE19 Mar 2026, 02:59 PM104,058.00LSE19 Mar 2026, 02:59 PM854,058.00LSE19 Mar 2026, 02:59 PM524,058.00LSE19 Mar 2026, 02:59 PM104,058.00LSE19 Mar 2026, 02:59 PM324,058.00LSE19 Mar 2026, 02:59 PM2134,058.00LSE19 Mar 2026, 02:59 PM374,058.00LSE19 Mar 2026, 02:59 PM2054,058.00LSE19 Mar 2026, 02:59 PM454,058.00LSE19 Mar 2026, 03:08 PM2504,072.00LSE19 Mar 2026, 03:08 PM2504,072.00LSE19 Mar 2026, 03:08 PM1184,072.00LSE19 Mar 2026, 03:08 PM634,072.00LSE19 Mar 2026, 03:08 PM1874,072.00LSE19 Mar 2026, 03:08 PM1324,072.00LSE19 Mar 2026, 03:51 PM2524,058.00LSE19 Mar 2026, 03:51 PM2334,058.00LSE19 Mar 2026, 03:51 PM194,058.00LSE19 Mar 2026, 03:51 PM1814,058.00LSE19 Mar 2026, 03:51 PM1114,058.00LSE19 Mar 2026, 03:51 PM1004,058.00LSE19 Mar 2026, 03:51 PM414,058.00LSE19 Mar 2026, 03:51 PM1034,058.00LSE19 Mar 2026, 03:51 PM14,058.00LSE19 Mar 2026, 03:51 PM2514,058.00LSE19 Mar 2026, 03:51 PM2524,058.00LSE19 Mar 2026, 03:51 PM364,058.00LSE19 Mar 2026, 03:51 PM2374,058.00LSE19 Mar 2026, 03:51 PM154,058.00LSE19 Mar 2026, 03:51 PM1684,058.00LSE19 Mar 2026, 04:10 PM2504,056.00LSE19 Mar 2026, 04:10 PM1554,056.00LSE19 Mar 2026, 04:10 PM954,056.00LSE19 Mar 2026, 04:10 PM1634,056.00LSE19 Mar 2026, 04:10 PM524,056.00LSE19 Mar 2026, 04:10 PM354,056.00LSE19 Mar 2026, 04:10 PM224,056.00LSE19 Mar 2026, 04:10 PM1114,056.00LSE19 Mar 2026, 04:10 PM84,056.00LSE19 Mar 2026, 04:10 PM1094,056.00LSE19 Mar 2026, 04:10 PM2504,056.00LSE19 Mar 2026, 04:10 PM2984,056.00LSE19 Mar 2026, 04:10 PM694,056.00LSE19 Mar 2026, 04:10 PM1814,056.00LSE19 Mar 2026, 04:10 PM2024,056.00LSE19 Mar 2026, 04:22 PM164,062.00LSE19 Mar 2026, 04:22 PM104,062.00LSE19 Mar 2026, 04:22 PM94,062.00LSE19 Mar 2026, 04:22 PM414,062.00LSE19 Mar 2026, 04:22 PM1554,062.00LSE19 Mar 2026, 04:22 PM14,062.00LSE19 Mar 2026, 04:22 PM194,062.00LSE19 Mar 2026, 04:23 PM424,062.00LSE19 Mar 2026, 04:25 PM654,066.00LSE19 Mar 2026, 04:25 PM234,066.00LSE19 Mar 2026, 04:25 PM224,066.00LSE19 Mar 2026, 04:25 PM204,066.00LSE19 Mar 2026, 04:25 PM154,066.00LSE19 Mar 2026, 04:25 PM124,066.00LSE19 Mar 2026, 04:25 PM304,066.00LSE19 Mar 2026, 04:25 PM644,066.00LSE19 Mar 2026, 04:25 PM2024,066.00LSE19 Mar 2026, 04:25 PM494,066.00LSE19 Mar 2026, 04:25 PM1864,066.00LSE19 Mar 2026, 04:25 PM254,066.00LSE19 Mar 2026, 04:25 PM404,066.00LSE19 Mar 2026, 04:25 PM254,066.00LSE19 Mar 2026, 04:25 PM1564,066.00LSE19 Mar 2026, 04:25 PM954,066.00LSE19 Mar 2026, 04:25 PM324,066.00LSE19 Mar 2026, 04:25 PM2514,066.00LSE19 Mar 2026, 04:25 PM1144,066.00LSE19 Mar 2026, 04:25 PM1004,066.00LSE19 Mar 2026, 04:25 PM374,066.00LSE19 Mar 2026, 04:25 PM634,066.00LSE19 Mar 2026, 04:25 PM344,066.00LSE19 Mar 2026, 04:25 PM124,066.00LSE19 Mar 2026, 04:25 PM84,066.00LSE19 Mar 2026, 04:25 PM154,066.00LSE19 Mar 2026, 04:25 PM124,066.00LSE *79.8736 CAD/share at 1.8219 CAD/GBP
CONTACT INFORMATION
For Investor Relations Enquiries:For Media Enquiries:Jack GarmanBrunswick Group LLP in LondonVice President of Investor RelationsCarole Cable, Partner+44 203 011 2723+ 44 207 404 [email protected]@brunswickgroup.com ABOUT ENDEAVOUR MINING PLC
Endeavour Mining is one of the world’s senior gold producers and the largest in West Africa, with operating assets across Senegal, Cote d’Ivoire and Burkina Faso and a strong portfolio of advanced development projects and exploration assets in the highly prospective Birimian Greenstone Belt across West Africa.
A member of the World Gold Council, Endeavour is committed to the principles of responsible mining and delivering sustainable value to its employees, stakeholders and the communities where it operates. Endeavour is admitted to listing and to trading on the London Stock Exchange and the Toronto Stock Exchange, under the symbol EDV.
For more information, please visit www.endeavourmining.com.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION
This news release contains "forward-looking statements" within the meaning of applicable securities laws. All statements, other than statements of historical fact, are "forward-looking statements". Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as "expects", "expected", "budgeted", "forecasts", and "anticipates".
Forward-looking statements, while based on management's best estimates and assumptions, are subject to risks and uncertainties that may cause actual results to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: risks related to the successful integration of acquisitions; risks related to international operations; risks related to general economic conditions and credit availability, actual results of current exploration activities, unanticipated reclamation expenses; changes in project parameters as plans continue to be refined; fluctuations in prices of metals including gold; fluctuations in foreign currency exchange rates, increases in market prices of mining consumables, possible variations in ore reserves, grade or recovery rates; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes, title disputes, claims and limitations on insurance coverage and other risks of the mining industry; delays in the completion of development or construction activities, changes in national and local government regulation of mining operations, tax rules and regulations, and political and economic developments in countries in which Endeavour operates. Although Endeavour has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. Please refer to Endeavour's most recent Annual Information Form filed under its profile at www.sedarplus.ca for further information respecting the risks affecting Endeavour and its business.
Transaction in own shares
2026-03-20 07:061mo ago
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The 15-20 National Hospital and GenSight Biologics Announce the First Treatments in the French Named Patient Early Access Program (AAC) for GS010/LUMEVOQ®
PARIS--(BUSINESS WIRE)--Regulatory News: The 15-20 National Hospital (l'Hôpital national des 15-20) in Paris and GenSight Biologics (Euronext: SIGHT, ISIN: FR0013183985, PEA-PME eligible), a biopharma company focused on developing and commercializing innovative gene therapies for retinal neurodegenerative diseases and central nervous system disorders, today announced that the first patients have been treated in the French Named Patient Early Access Program (AAC) for GS010/LUMEVOQ®.1 The REVISE.
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Novartis to Buy Breast-Cancer Drug From Synnovation for Up to $3 Billion
Global volatility is threatening a pipeline of multibillion-dollar stock market listings in India, the world's busiest IPO market.
Payments app PhonePe's move on Monday to halt its listing plans has underscored a growing strain in the country, as investor appetite weakens amid the fallout from the Middle East conflict.
Indian benchmark indices have dropped more than 12% since January, with most of the decline occurring in recent weeks as the Iran war triggers energy and trade supply shocks that risk slowing growth and hurting corporate earnings.
The rupee's slide against the dollar offers little respite, and foreign institutional investors have sold over $8 billion worth of equities so far this month, per data from securities depository NSDL.
This risk‑off environment has drained liquidity from the primary market and reduced the chances of IPOs securing the premium valuations that made going public attractive, experts said.
Several Indian tech and consumer startups — including Walmart-backed PhonePe, quick-commerce app Zepto, e-commerce retailer Flipkart and hotel chain Oyo — have deferred plans amid valuation mismatches, according to Samir Bahl, CEO of investment banking at Anand Rathi Advisors.
In December, Zepto confidentially filed for an IPO and planned to raise over $1.2 billion of fresh capital. Softbank-backed hospitality startup Oyo did the same in December, according to Reuters.
watch now
Oyo and Walmart-owned Flipkart did not respond to emails seeking comment.
In response to CNBC query on its IPO plans, Zepto said it "remains consistent with its previous advisory, subject to market regulations." As the company has filed for IPO confidentially, it was not clear what the earlier advisory was, but a spokesperson from the company said it plans to launch an IPO around June.
During a phone call with CNBC, a spokesperson from PhonePe reiterated the stance of the company from its note on Monday, which said that the quick commerce company had temporarily paused its IPO listing due to "the current geopolitical conflicts and market volatility."
Large‑ticket planned IPOs, including those by the NSE, telecoms firm Reliance Jio and SBI Mutual Fund, are expected to proceed "once conditions improve," said Bahl, adding that "timing and pricing will require careful calibration."
India's largest telecom company, Reliance Jio, is planning its IPO for the first half of 2026 and is in the process of appointing bankers, according to a Reuters report. The National Stock Exchange, India's largest bourse, appointed 20 merchant bankers, it said in a release on March 12.
"Indian IPOs and other fundraising activity has been a function of the market level," Mahesh Nandurkar, head of research and India strategist at Jefferies, told CNBC's Inside India on Tuesday.
IPO activity has slowed since the start of the war in Iran on Feb. 28 as investors have lost their appetite, he added.
Global brokerages have also trimmed their expectations: Nomura cut its year‑end Nifty 50 target by 15% from 29,300 in a March 16 note to investors, while on the same date, Citi lowered its forecast to 27,000 from 28,500, factoring in the impact of surging oil prices and supply shocks stemming from Middle East tensions.
The liquidity needed to absorb the mega IPOs is missing, said Shouvik Purkayastha, managing director of investment banking at Nuvama, adding that it is unlikely to return in the "near-term," in a written response to CNBC.
Retail investors retreatFor the past two years, India's primary market has been buzzing with activity, topping global charts with 367 IPOs in 2025, according to EY's Global IPO Trends 2025 report.
But recent poor returns have kept retail and high‑net‑worth investors on the sidelines, experts said.
Eight out of the 11 IPOs that have listed since the start of the year are trading below their IPO price, according to exchange data.
"Retail and HNI investors are shying away from the market," said Purkayastha, adding that these investors will come back only once returns see sharp improvement.
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Few companies are proceeding with their IPOs due to "immediate funding requirement[s]" for business needs or due to the need to meet regulatory timelines, said Bahl of Anand Rathi Advisors, adding that investor participation has "been relatively muted, particularly from retail investors."
Even foreign institutional investors, who were exiting from the secondary market last year, invested nearly $1.5 billion in IPOs from January to March of 2025, versus just $820 million this year, per data from NSDL.
This has put domestic institutional investors — buoyed by 60 straight months of positive equity flows from Indian investors — firmly in control of pricing, according to Purkayastha.
Domestic institutional investors are currently setting the price of IPOs by "driving a hard bargain," he said, adding that they want IPOs to be valued "competitively."
2026-03-20 07:061mo ago
2026-03-20 02:551mo ago
Apollo Global Management, Inc. Sued for Securities Law Violations - Contact the DJS Law Group to Discuss Your Rights - APO
, /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Apollo Global Management, Inc. ("Apollo" or "the Company") (NYSE: APO) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.
Shareholders who purchased shares of APO during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointments. Appointment as lead plaintiff is not required to partake in any recovery.
CLASS PERIOD: May 10, 2021 to February 21, 2026
DEADLINE: May 1, 2026
CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Top Apollo executives maintained contact and business ties with Jeffrey Epstein during the 2010's, despite the Company's claims of having no relationship with Epstein. When the extent of the relationship was revealed, the Company was at risk of reputational harm. Based on these facts, Apollo's public statements were false and materially misleading throughout the class period.
If you are a shareholder who suffered a loss, contact us to participate.
WHY DJS LAW GROUP? DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.
Join the case to recover your losses.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.
CONTACT:
David J. Schwartz
DJS Law Group
274 White Plains Road, Suite 1
Eastchester, NY 10709
Phone: 914-206-9742
Email: [email protected]
SOURCE DJS Law Group LLP
2026-03-20 07:061mo ago
2026-03-20 03:001mo ago
Notice of Full Year Results and Investor Presentation
Reykjavik, March 20, 2026 (GLOBE NEWSWIRE) -- (“Amaroq” or the “Company”)
Notice of Full Year Results and Investor Presentation
TORONTO, ONTARIO – 20 March 2026 – Amaroq Ltd. (AIM, TSX-V, NASDAQ Iceland: AMRQ, OTCQX: AMRQF), an independent mine development corporation focused on unlocking Greenland’s mineral potential, will publish its Full Year Results for the year ended 31 December 2025 on 26 March 2026.
A remote presentation for investors and analysts will be held on the same day at 09:00am GMT, with a recording of the meeting available on the website thereafter.
To register for the webcast, please click on the following link: https://edge.media server.com/mmc/p/q5t78z4f
Enquiries:
Amaroq Ltd. C/O
Ed Westropp, Chief Corporate Development and Strategy Officer
+44 (0)7385 755711 [email protected]
Panmure Liberum Limited (Nominated Adviser and Corporate Broker)
Scott Mathieson
Freddie Wooding
+44 (0) 20 7886 2500
Canaccord Genuity Limited (Corporate Broker)
James Asensio
Harry Rees
+44 (0) 20 7523 8000
Camarco (Financial PR)
Billy Clegg
Elfie Kent
Fergus Young
+44 (0) 20 3757 4980
Further Information:
About Amaroq
Amaroq’s principal business objectives are the identification, acquisition, exploration, and development of gold and strategic metal properties in South Greenland. The Company’s principal asset is a 100% interest in the Nalunaq Gold mine. The Company has a portfolio of gold and strategic metal assets in Southern Greenland covering the two known gold belts in the region as well as advanced exploration projects at Stendalen and the Sava Copper Belt exploring for Strategic metals such as Copper, Nickel, Rare Earths and other minerals. Amaroq is continued under the Business Corporations Act (Ontario) and wholly owns Nalunaq A/S, incorporated under the Greenland Companies Act.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Inside Information
This announcement does not contain inside information.
2026-03-20 07:061mo ago
2026-03-20 03:011mo ago
Serbia secures US sanctions waiver for its NIS oil firm, energy minister says
A drone view shows Serbia's majority Russian-owned NIS oil refinery in Pancevo, Serbia, November 27, 2025. REUTERS/Marko Djurica Purchase Licensing Rights, opens new tab
CompaniesBELGRADE, March 20 (Reuters) - The U.S. Treasury Department has extended a sanctions waiver for Serbia's Russian-owned NIS (NIIS.BEL), opens new tab until April 17, giving the Balkan country more time to import crude oil amid the U.S.-Israeli war on Iran, Serbia's energy minister said on Friday.
"The extension of the licence for almost a month is particularly important now when oil prices are jumping ... daily," Energy Minister Dubravka Djedovic Handanovic said in a statement.
The Reuters Power Up newsletter provides everything you need to know about the global energy industry. Sign up here.
NIS operates Serbia's only oil refinery in the town of Pancevo, just outside Belgrade and is the biggest supplier and fuel retailer in the Balkan country.
Serbia on Thursday extended a ban on crude oil and fuel product exports until April 2 to safeguard its market from shortages and price spikes stemming from the war on Iran.
The suspension applies to the export of diesel, gasoline and crude oil by all modes of transport.
Kazakhstan was Serbia's largest crude supplier last year, accounting for nearly 60% of imports, followed by Nigeria and Guyana.
All imported crude arrives via tankers to the Croatian island of Krk and is then transported through the JANAF (JANF.ZA), opens new tab pipeline.
Serbia's populist President Aleksandar Vucic said he would announce more fuel and energy savings measures after he meets the country's National Security Council later on Friday.
In December, the U.S. Treasury's Office of Foreign Assets Control (OFAC) gave NIS until March 24 to negotiate the divestment of the stakes held by Russian firms Gazprom (GAZP.MM), opens new tab and Gazprom Neft (SIBN.MM), opens new tab, at 44.9% and 11.3% respectively.
On January 19, Hungary's MOL (MOLB.BU), opens new tab said it had signed a binding agreement with the Russian companies to buy their stakes in NIS and the United Arab Emirates' ADNOC would be a minority stakeholder.
The Serbian government has a 29.9% stake in NIS, while the remainder belongs to small shareholders and employees.
Reporting by Aleksandar Vasovic; Editing by Muralikumar Anantharaman and Jamie Freed
Our Standards: The Thomson Reuters Trust Principles., opens new tab
, /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), ("McCormick" or the "Company"), in response to the announcement issued by Unilever earlier today, confirmed that it is engaged in discussions with Unilever regarding a potential strategic transaction involving Unilever's Foods business.
While these discussions are ongoing, there can be no certainty or assurances as to whether an agreement for a transaction will be reached or as to the terms or timing of any such transaction. McCormick regularly evaluates its portfolio and strategic options in pursuit of maximizing shareholder value and consistent with its fiduciary duties and in consultation with its financial and legal advisors.
The Company does not intend to make any additional comments regarding this matter unless and until it is determined that additional disclosure is appropriate or necessary.
About McCormick
McCormick & Company, Incorporated is a global leader in flavor. With approximately $7 billion in annual sales across 150 countries and territories, we manufacture, market, and distribute herbs, spices, seasonings, condiments and flavors to the entire food and beverage industry including retailers, food manufacturers and foodservice businesses. Our most popular brands with trademark registrations include McCormick, French's, Frank's RedHot, Stubb's, OLD BAY, Lawry's, Zatarain's, Ducros, Vahiné, Cholula, Schwartz, Kamis, DaQiao, Club House, Aeroplane, Gourmet Garden, FONA and Giotti. The breadth and reach of our portfolio uniquely position us to capitalize on the consumer demand for flavor in every sip and bite, through our products and our customers' products. We operate in two segments, Consumer and Flavor Solutions, which complement each other and reinforce our differentiation. The scale, insights, and technology that we leverage from both segments are meaningful in driving sustainable growth.
Founded in 1889 and headquartered in Hunt Valley, Maryland USA, McCormick is committed to its Purpose – To Make Life More Flavorful – and driven by its Vision - To be the World's Most Trusted Source of Flavor.
To learn more, visit: www.mccormickcorporation.com or follow McCormick & Company on Instagram and LinkedIn.
XRP price extended losses and traded below $1.50. The price is now consolidating losses but faces hurdles near $1.4650 and $1.50.
XRP price started another decline and traded below the $1.50 zone. The price is now trading below $1.480 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $1.4450 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move down if it stays below $1.50. XRP Price Extends Losses XRP price failed to stay above $1.5350 and extended its decline, like Bitcoin and Ethereum. The price declined below $1.520 and $1.50 to enter a short-term bearish zone.
The price even extended losses below $1.450. A low was formed at $1.4228, and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $1.6068 swing high to the $1.4228 low.
Recently, there was a break above a key bearish trend line with resistance at $1.4450 on the hourly chart of the XRP/USD pair. The pair is now trading below $1.50 and the 100-hourly Simple Moving Average. If there is a fresh recovery move, the price might face resistance near the $1.4650 level.
The first major resistance is near the $1.4920 level. The main resistance could be $1.50. A close above $1.50 could send the price to $1.520. The next hurdle sits at $1.5360 or the 61.8% Fib retracement level of the downward move from the $1.6068 swing high to the $1.4228 low.
Source: XRPUSD on TradingView.com A clear move above the $1.5360 resistance might send the price toward the $1.5620 resistance. Any more gains might send the price toward the $1.5750 resistance. The next major hurdle for the bulls might be near $1.60.
Another Decline? If XRP fails to clear the $1.50 resistance zone, it could start a fresh decline. Initial support on the downside is near the $1.440 level. The next major support is near the $1.4220 level.
If there is a downside break and a close below the $1.4220 level, the price might continue to decline toward $1.4050. The next major support sits near the $1.3880 zone, below which the price could continue lower toward $1.3650.
Technical Indicators
Hourly MACD – The MACD for XRP/USD is now losing pace in the bearish zone.
Hourly RSI (Relative Strength Index) – The RSI for XRP/USD is now above the 50 level.
Major Support Levels – $1.4400 and $1.4220.
Major Resistance Levels – $1.4650 and $1.5000.
2026-03-20 06:061mo ago
2026-03-20 00:301mo ago
Algorand Foundation cuts 25% of workforce, citing macro and market pressures
The Algorand Foundation (AF), the steward of the Algorand chain, is in the news after it announced it has axed 25% of its workforce.
According to the AF, the restructuring was informed by the ongoing “global macro environment” and “broader downturn in crypto markets.”
Source: X Following the layoffs, AF now believes it is lean enough to “sustainably align” the remaining resources with the protocol’s long-term goals.
However, the ongoing crypto rout is not affecting Algorand alone. In January, the Hedera Foundation declared some of its core functions redundant and let go of employees who handled them.
Beyond protocols, crypto media has also been hit, with Blockworks axing its entire newsroom last year.
Besides, pressure is also coming from AI adoption, which, like other global segments, is disrupting the crypto market labour sector. This week, crypto exchange Crypto.com let go 12% of its workforce, citing the need to position itself to rising AI capabilities.
That said, the AF layoffs were met with mixed reactions.
Community and ALGO reaction As expected, a section of the community sympathized with those affected by the AF layoffs and the disrupted livelihoods.
However, one user pointed out that the AF spent $100 million last year and yet, saw no meaningful impact.
He added,
Using macro uncertainty as cover for doing this feels piss weak. Love the tech. Hate the leadership. Same issues as always. No liquidity. No users. No funding. No mindshare.
According to the AF transparency report, it spent about $12 million as of September 2025 after selling 66.4 million ALGO tokens. Its overall expenditure has been around $18 million per year, covering even staff, which includes 65 employees.
However, the critic was right about lagging chain activity. Its stablecoin liquidity has been declining alongside DeFi activity, as shown by the TVL (total value locked) drop.
Source: DeFiLlama Since last year, DeFi activity has dropped by half, slipping from $80 million to below $40 million. In fact, the chain’s fees have been hovering below $50 throughout last year.
Meanwhile, ALGO was down about 10% and traded at $0.088 at the time of writing, amid a broader pullback following de-risking linked to traders’ caution after the Fed rate decision.
Final Summary Algorand Foundation axed 25% of its workforce, as bear market, geopolitical tensions, and AI disrupted the labor sector in the space. Algorand chain activity has slowed down with DeFi activity by half, generating less than $50 in daily average fees.
2026-03-20 06:061mo ago
2026-03-20 00:421mo ago
Bitcoin Holds $70K as Declining Volume Signals Cautious Market
Bitcoin (BTC) hovered around the closely watched $70,000 level on Friday, as thinning volume signaled a shift toward a more cautious, wait-and-see market after a brief rebound attempt.As of 14:55 UTC on March 20, BTC was trading near $70,489, down 0.94% on the day. The pullback kept price action pinned to the low-$70,000s, with traders largely focused on defending the round-number threshold rather than pushing a directional breakout.Spot and derivatives activity also cooled. Reported 24-hour trading volume fell 2.37% to about $44.96 billion, a combination that typically points to reduced short-term conviction—less aggressive buying into dips and less urgency to sell rallies—while near-term volatility compresses.Recent daily moves underscore the choppy tone. Over the last five sessions, Bitcoin’s daily change has swung between sharp losses and modest recoveries: +2.81% (March 16), -1.28% (March 17), -3.58% (March 18), -1.82% (March 19), and +0.83% (March 20). The pattern suggests that the post-drop rebound has partially stabilized prices, but momentum remains fragile.Traditional markets offered a defensive backdrop. The S&P 500 slipped 0.27% to 6,606.49, while gold climbed 1.97% to $4,697, a divergence that reflects a broader tilt away from risk assets and toward perceived safe havens—conditions that often cap upside follow-through in crypto.Momentum indicators painted a mixed picture. The daily MACD remained positive at 412.25, but the rate of improvement eased, implying that bullish impulse is fading. On a weekly basis, MACD stayed deeply negative at -9,241.54, reinforcing the idea that medium-term pressure is still tilted to the downside despite short-term stabilization.Investor positioning also leaned defensive. Bitcoin dominance rose to 58.30% (+0.35%), typically read as capital concentrating in BTC relative to altcoins during periods of uncertainty. Meanwhile, the Crypto Fear & Greed Index held at 31 in the 'fear' zone, indicating that risk appetite remains subdued across the market.Public attention failed to reaccelerate alongside price. Google Trends interest slipped to 54 from 57, suggesting the bounce has not yet translated into broader participation—often a sign that rallies are being driven by existing traders rather than new inflows.Stablecoin buying power looked steady but not emphatic. The SSR (Stablecoin Supply Ratio) eased to 10.13 from 10.31, hinting at slightly improved sidelined 'liquidity' relative to Bitcoin’s market cap, though the shift was small enough to be considered neutral rather than decisively supportive.On-chain profitability cooled as well. NUPL (Net Unrealized Profit/Loss) declined to 0.2226 from 0.2367, implying fewer unrealized gains across the market and a narrower profit cushion—conditions that can reduce speculative risk-taking while keeping intermittent profit-taking in play.Exchange data suggested limited immediate sell pressure but also limited upside fuel. Exchange-held BTC slipped 0.05% to roughly 2.7246 million coins, while net flows remained negative at -1,523 BTC, reflecting continued net withdrawals. That pattern is generally consistent with longer-term holding behavior, though the magnitude was not large enough to dictate near-term direction on its own.Network activity inched higher, with active wallets rising to about 623,571 from 622,460 the prior day. The increase was modest, indicating incremental engagement rather than a decisive surge that would typically accompany a strong trend reversal.For now, Bitcoin’s battle around $70,000 looks less like a launchpad and more like a consolidation zone, with declining volume, lingering 'fear' sentiment, and risk-off cues from broader markets shaping a cautious tone. The next meaningful move is likely to depend on whether fresh liquidity returns—or whether defensive positioning continues to dominate crypto flows.Article Summary by TokenPost.ai
🔎 Market Interpretation
{
"price_action": [
"BTC hovered near the $70,000 psychological level, trading around $70,489 (-0.94%), signaling consolidation rather than a breakout.",
"Thinning spot/derivatives volume (24h volume ~ $44.96B, -2.37%) points to reduced conviction and near-term volatility compression.",
"Recent sessions show choppy, two-way trade (mix of sharp down days and modest rebounds), implying stabilization after a drop but fragile momentum."
],
"macro_context": [
"Risk-off backdrop: S&P 500 dipped while gold jumped, consistent with defensive positioning that can cap crypto upside follow-through.",
"Market attention is not expanding: Google Trends slipped, suggesting the bounce is led by existing participants rather than new inflows."
],
"sentiment_and_positioning": [
"Fear remains elevated (Fear & Greed Index at 31), keeping risk appetite subdued.",
"Bitcoin dominance rose to 58.30%, often indicating capital rotating toward BTC and away from altcoins during uncertainty."
],
"signals_snapshot": [
"Daily MACD stays positive but is losing slope (bullish impulse fading).",
"SSR eased slightly (10.13 from 10.31), implying marginally better stablecoin relative ‘dry powder,’ but the change is neutral.",
"NUPL fell (0.2226 from 0.2367), indicating a smaller unrealized profit cushion, which can dampen speculative risk-taking while still allowing intermittent profit-taking.",
"Exchange balances dipped slightly and net flows stayed negative (-1,523 BTC), suggesting limited immediate sell pressure but also not a strong catalyst for upside.",
"Active wallets ticked up marginally, pointing to incremental engagement rather than a decisive trend-reversal surge."
],
"bottom_line": "The $70,000 area is acting as a consolidation battleground; the next major move likely depends on whether new liquidity returns to overcome risk-off conditions and fearful sentiment."
}
💡 Strategic Points
{
"key_levels_to_watch": [
"$70,000 as the primary psychological and tactical defense zone; sustained losses below it would likely worsen sentiment and invite momentum selling.",
"Upside attempts need confirmation via rising volume and improved risk appetite (macro + sentiment) to avoid another failed rebound."
],
"what_confirmation_might_look_like": [
"Volume expansion alongside price gains (spot + derivatives) to indicate real participation rather than thin-liquidity drift.",
"Sentiment improvement (Fear & Greed rising out of ‘fear’) and/or renewed public interest (search trends stabilizing/rising).",
"In low-volume consolidation, false breakouts become more common—consider tighter execution rules and clearer invalidation points.",
"Dominance rising suggests altcoins may underperform BTC in the near term; positioning may skew defensive until risk appetite returns.",
"Monitor exchanges and net flows for a change from mild withdrawals to inflows, which can raise near-term sell risk if paired with weakening price."
],
"scenario_map": {
"bullish_case": "Liquidity returns + volume rises + risk-off pressure eases; BTC holds $70K and transitions from consolidation to a trend attempt.",
"base_case": "Range-bound chop persists around $70K with muted volume and mixed momentum signals.",
"bearish_case": "Macro stays defensive and weekly momentum dominates; $70K fails with limited dip-buying, increasing downside follow-through risk."
}
}
📘 Glossary
{
"MACD": "Moving Average Convergence Divergence; a momentum indicator. Positive can suggest upward momentum, but slowing improvement can indicate weakening impulse. Weekly MACD reflects longer time-frame trend pressure.",
"Bitcoin_dominance": "BTC’s share of total crypto market capitalization. Rising dominance often indicates investors are consolidating into BTC over altcoins during uncertainty.",
"Fear_and_Greed_Index": "A composite sentiment gauge (0–100). Lower scores reflect fear and reduced risk appetite.",
"SSR": "Stablecoin Supply Ratio; compares Bitcoin market cap to stablecoin supply to approximate stablecoin ‘buying power’ relative to BTC. Lower SSR can imply relatively more stablecoin liquidity.",
"NUPL": "Net Unrealized Profit/Loss; measures aggregate unrealized gains/losses on-chain. Falling NUPL suggests a shrinking profit cushion and potentially more cautious behavior.",
"exchange_balances_and_net_flows": "BTC held on exchanges and the net amount moving in/out. Falling balances and negative net flows can imply reduced immediate sell pressure, though magnitudes matter.",
"active_wallets": "A proxy for network participation/activity. A small increase suggests incremental use rather than a decisive demand surge.",
"volatility_compression": "A phase where price ranges narrow and large moves become less frequent; often precedes a larger directional move but does not predict direction by itself."
}
2026-03-20 06:061mo ago
2026-03-20 00:511mo ago
XRP Drops to $1.50 as Shiba Inu Struggles Below Key Level
XRP hit $1.50 Monday. The cryptocurrency faced tough resistance levels that pushed prices down from recent highs, leaving traders scrambling to adjust their positions as the broader market pulled back across major digital assets.
The drop to $1.50 represents a critical juncture for XRP holders who had been betting on a breakout past key technical barriers. Market dynamics shifted quickly over the weekend, catching many investors off guard as selling pressure mounted. Trading volumes spiked during the decline, with data from major exchanges showing increased activity as positions got liquidated. Grayscale Investments bucked the trend though, announcing a 5% boost to their XRP trust holdings on March 18, signaling institutional confidence despite the price weakness.
Shiba Inu can’t crack $0.00001. Not even close.
The meme token remains stuck below its target price as momentum fades and retail interest wanes. CoinMarketCap data from March 19 showed trading volume for SHIB dropping significantly, basically telling the story of diminished enthusiasm among smaller investors who had been driving much of the token’s previous gains. The price stagnation reflects broader uncertainty plaguing the crypto sector, with SHIB holders now questioning whether the token can generate enough buying pressure to push through resistance levels that have proven surprisingly stubborn.
Dogecoin Price Reset Dogecoin also saw its price get hammered, with DOGE settling around $0.07 as traders tried to figure out new support levels. Crypto analyst John Smith weighed in on March 20, saying the current price “could serve as a potential support point, but we need sustained buyer interest for any real upward movement.” The meme coin’s path forward looks pretty murky right now.
Market participants are watching for regulatory changes and economic indicators that might shake things up. Nobody’s really sure what comes next.
Binance reported stable trading volumes despite the price chaos, with March 19 data showing consistent transaction flow across major cryptocurrencies. CEO Changpeng Zhao addressed the volatility during a live Q&A session on March 20, stating the recent swings aren’t unexpected given broader economic uncertainties. He emphasized Binance’s commitment to supporting users through the turbulence and urged traders to stay informed about market movements. Market participants tracking Korean XRP Withdrawals Hit Record Highs will find additional context here.
Exchange Activity Surges CryptoQuant dropped a report March 19 highlighting a 2% jump in Bitcoin reserves on exchanges over the past week. The blockchain analytics firm suggested some investors might be preparing to sell, which could influence dynamics for other cryptocurrencies including XRP, Shiba Inu, and Dogecoin. Meanwhile, Kraken saw user registrations spike, particularly from Southeast Asia, as investors sought alternatives amid the price volatility.
Ripple Labs announced expansion plans for the Asia-Pacific region on March 18, aiming to capitalize on growing demand for blockchain solutions despite XRP’s current struggles. The strategic move demonstrates confidence in long-term potential even as short-term price action disappoints holders who had expected different results by now.
Some investors fled to stablecoins for safety. Tether saw its market cap rise 1.5% over the weekend according to CoinGecko data from March 19, reflecting a cautious approach as traders sought to mitigate risk while maintaining crypto market exposure. BitPay revealed a 20% increase in Bitcoin and Ethereum transactions over the past month on March 18, showing growing acceptance of digital currencies for payments even amid volatile pricing.
ConsenSys announced partnerships with fintech companies March 20 to explore new Ethereum-based solutions, with CEO Joseph Lubin expressing optimism about decentralized finance platforms gaining traction in coming months. Ark Invest, led by Cathie Wood, disclosed substantial Coinbase share purchases March 19, underscoring confidence in the crypto sector’s long-term viability despite current market turbulence. Wood emphasized the investments are part of a strategic approach to capitalize on future growth opportunities within the industry. This development aligns with Grayscale Backs XRP for Major Institutional, highlighting broader market trends.
Bitcoin’s correlation with traditional markets has intensified during this downturn, with data from Skew Analytics showing the 30-day correlation coefficient between Bitcoin and the S&P 500 reaching 0.72 on March 20 – the highest level since late 2022. Federal Reserve officials have been signaling potential interest rate adjustments, creating additional uncertainty for risk assets including cryptocurrencies. JPMorgan’s digital asset research team noted that institutional flows into crypto products dropped 15% last week, suggesting larger investors are adopting a wait-and-see approach as macroeconomic pressures mount.
Whale activity has become increasingly erratic across multiple tokens. Whale Alert tracked several large XRP transfers totaling over 100 million tokens moving to unknown wallets on March 19, while similar patterns emerged for Dogecoin with transfers exceeding 500 million DOGE. Santiment’s on-chain metrics revealed that addresses holding between 1,000 and 10,000 XRP decreased by 3.2% over the past week, indicating mid-tier holders are reducing positions. Blockchain analytics firm Messari reported that active addresses for Shiba Inu dropped 18% compared to the previous month, reinforcing concerns about declining user engagement across meme tokens during this market correction.
Frequently Asked QuestionsWhat caused XRP to drop to $1.50?XRP faced strong resistance levels and broader market pullback pressure that pushed the cryptocurrency down from recent highs, with increased selling activity across major exchanges.
Is Shiba Inu likely to reach $0.00001 soon?SHIB remains stuck below $0.00001 with declining trading volume and waning retail interest, making a breakthrough to that level uncertain in current market conditions.
Post Views: 0
2026-03-20 06:061mo ago
2026-03-20 00:531mo ago
Major gold trade group releases framework for tokenized gold
The major gold trade association, World Gold Council, and the Boston Consulting Group have proposed a new platform to modernize how the precious metal operates in digital financial systems.
The World Gold Council said on Thursday that it published a white paper on “Gold as a Service,” a new platform to “support the issuance and operation of scalable, interoperable digital gold products.”
The open platform would connect the physical custody of gold with the digital systems used to issue and manage tokenized gold products.
“By standardizing essential market processes such as custody coordination, reconciliation, compliance, and redemption, the model aims to reduce operational complexity, improve access, and enable greater consistency across digital gold products,” the World Gold Council said.
Crypto-native tokenized gold products include Tether Gold (XAUT) or Pax Gold (PAXG), which have formed their own custody, compliance and redemption models, but the World Gold Council’s standard could have more sway with institutions due to the trade group’s prominence.
Features include audits, fungibility, and liquidity Key features of the Gold as a Service would include standardizing tokenized gold issuance and management, increasing digital gold’s fungibility, embedding audits and assurance, enabling interoperability with existing finance rails, and improving liquidity in lending and borrowing markets.
World Gold Council CEO, David Tait, said that financial services are undergoing a “rapid and pervasive digital transformation” and gold must also evolve to maintain its role in the global financial system.
“Shared infrastructure can help gold become more accessible, more easily traded and fully integrated into modern financial systems — ensuring it remains as relevant tomorrow as it has been for millennia,” he added.
Matthias Tauber, a managing director and senior partner at Boston Consulting Group, said, “The question is no longer whether gold will be digital; it’s how it can participate in modern financial systems without compromising physical integrity.”
Commodities are 20% of tokenized asset marketAccording to RWA.xyz, tokenized commodities such as gold account for around $5.5 billion, or 20% of the total on-chain value of tokenized real-world assets, a segment that has grown by 340% over the past 12 months, as demand for gold has skyrocketed.
Tether’s tokenized gold product has a market capitalization of $2.6 billion, up 17% over the past 12 months, while Pax Gold has a market cap of $2.3 billion, according to CoinGecko.
On Thursday, crypto exchange Bybit launched a yield-bearing tokenized gold product that lets users earn interest on Tether Gold.
Tokenized gold and commodities represent 20% of the entire tokenized RWA market. Source: RWA.xyz
Magazine: Are DeFi devs liable for the illegal activity of others on their platforms?
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2026-03-20 06:061mo ago
2026-03-20 00:591mo ago
Europe's Largest Asset Manager Just Chose Chainlink, But LINK Still Can't Break $10
Amundi and Spiko have launched the tokenized SAFO fund. They use Chainlink as the oracle infrastructure to record Net Asset Value (NAV) directly on the blockchain.
However, despite positive on-chain signals, LINK price has failed to break above $10 since February.
Amundi And Spiko Partner With Chainlink to Launch SAFOAmundi, Europe’s largest asset manager with about €2.4 trillion in AUM, has partnered with the tokenization platform Spiko to launch the $100 million Spiko Amundi Overnight Swap Fund (SAFO).
A key highlight of SAFO is its use of Chainlink as oracle infrastructure. The system records NAV directly on the blockchain, including Ethereum and Stellar.
Chainlink pulls NAV data from Amundi. It writes this data on-chain in near real time. Anyone accessing the related smart contracts can independently verify pricing data. This improves transparency and trust in reporting.
Beyond automated NAV reporting, Chainlink also provides cross-chain interoperability.
These developments strengthen Chainlink’s role in the trend toward real-world asset tokenization.
“Amundi, Europe’s largest asset manager is using Chainlink for the distribution of its tokenised fund. One by one, every tokenized asset is adopting the Chainlink standard, amplifying the network effect and distribution by the day.” – Johann Eid – Chief Business Officer at Chainlink, stated.
Clear Signs of LINK Accumulation, But Price Remains StuckAlongside the SAFO launch, on-chain data shows rising LINK accumulation over the past month.
According to CryptoQuant, LINK reserves on exchanges dropped from 130 million to 127.6 million. This suggests investors are withdrawing LINK from exchanges. It helps reduce selling pressure.
Chainlink Exchange Reserve. Source: CryptoQuantIn addition, spot LINK ETFs in the US recorded their largest daily inflow in the past two months. This reflects growing institutional interest through traditional channels.
Data from SoSoValue shows LINK net inflow on March 19 reached $3.34 million. This marks the highest level since January 20.
LINK ETFs Daily Total Net Inflow. Source: SoSoValueDespite these positive signals, LINK’s price still struggles to break above the $10 level, a key psychological resistance.
Since 2025, LINK has remained in a downtrend. It continues to form lower highs and lower lows. The price has declined by about 70%. Ongoing macro caution continues to limit upside momentum for altcoins.
2026-03-20 06:061mo ago
2026-03-20 01:001mo ago
XRP ‘Cheat Sheet' Places Price Above $10, But When Will This Happen?
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XRP’s cheat sheet is pointing to higher levels this year. This cheat sheet is based on a 12-year cycle chart shared by analyst Cryptollica, who also suggests the asset is positioned for a major move higher on the social media platform X. The Relative Strength Index is also now pointing to oversold on the weekly timeframe, so the question is no longer whether the token can break above double-digit territory but when this will happen.
A 12-Year Structure That Keeps Repeating The XRP cheat sheet is a projection that shows XRP’s behavior across multiple cycles, showing how XRP has been playing out over the past 12 years. The chart spanning from 2014 to 2026 shows that the altcoin has respected a long-term ascending support line marked by multiple higher lows since 2018.
Each touch of this support trendline in past cycles has always led to a strong upward move. The 2020 low, the 2021 low, and the more recent accumulation zones visible in 2023 and 2025 all found support near the same rising trendline. At the same time, a descending resistance line cuts across previous peaks, except for the 2025 peak, when it broke above it.
Source: Chart from Cryptollica on X Interestingly, this is not the first time the altcoin has broken out of a similar triangle structure. As seen on the left side of the chart, price action between 2014 and 2017 formed a tight compression pattern, with lower highs pressing against a gradually rising base. That structure eventually resolved with a breakout in 2017, which carried into the 2018 peak. Now, XRP’s price action since 2025 has been playing out similarly to how it happened in 2018, although now on a larger and more drawn-out scale.
Breakout To Double Digits According to the analysis, the weekly RSI recently dropped to 29, which is a huge oversold condition. Notably, this is the same zone from which XRP launched every significant upward move in its trading history.
The last time its monthly RSI dropped to comparable lows was during the 2022 bear market, when the price reached a cycle bottom of $0.2910. That RSI reading was the floor, and XRP recorded only higher lows from that point forward.
If history is any indicator, then XRP is expected to keep on registering higher lows on the weekly timeframe, which, in turn, would translate to increasingly higher price levels in the coming weeks and months.
Looking at the cheat sheet above, the chart’s upper channel boundary, when projected from the 2017/2018 peak, puts the cryptocurrency finally breaching the $10 price level. Interestingly, the idea of XRP moving above $10 is not isolated to a single chart. It continues to show up across multiple long-term theses with different timelines.
Some projections place the altcoin in the $15 to $30 range under favorable conditions like regulatory clarity. More conservative voices place near-term ceilings considerably lower. For instance, crypto analyst EGRAG CRYPTO predicted that XRP will peak at $8.5 between 2026 and 2027.
XRP trading at $1.46 on the 1D chart | Source: XRPUSDT on Tradingview.com Featured image from Freepik, chart from Tradingview.com
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Scott Matherson is a leading crypto writer at Bitcoinist, who possesses a sharp analytical mind and a deep understanding of the digital currency landscape. Scott has earned a reputation for delivering thought-provoking and well-researched articles that resonate with both newcomers and seasoned crypto enthusiasts. Outside of his writing, Scott is passionate about promoting crypto literacy and often works to educate the public on the potential of blockchain.
2026-03-20 06:061mo ago
2026-03-20 01:001mo ago
BTQ Unveils First Bitcoin Upgrade Testnet Designed To Thwart Quantum Attacks
BTQ Technologies moved a key Bitcoin (BTC) security proposal from theory to practice on Thursday, releasing Bitcoin Quantum testnet v0.3.0 with the first working implementation of Bitcoin Improvement Proposal 360 (BIP 360).
The upgrade—aimed at making Bitcoin transactions resistant to future quantum-computing attacks—gives developers, miners, and researchers a live environment to test how quantum-resistant transactions would function on a running network.
How Bitcoin Could Shield Keys From Quantum Attacks BIP 360, also known as Pay-to-Merkle-Root (P2MR), was merged into Bitcoin’s official BIP repository earlier this year but remains a draft proposal within the broader Bitcoin ecosystem.
BTQ’s testnet release delivers the first functional implementation of that proposal, enabling participants to create, fund, sign, and spend P2MR transactions and observe the full lifecycle from mempool acceptance through broadcast and confirmation.
The importance of BIP 360 stems from a long‑term cryptographic risk: in a future where quantum computers reach sufficient capability, exposed public keys on-chain—an outcome of Taproot’s key-path spend design—could be vulnerable to attacks leveraging Shor’s algorithm.
Taproot, activated on Bitcoin back in 2021, underpins many advanced features and scaling efforts for the protocol, but its reliance on on-chain public keys creates a potential attack surface in a quantum-enabled world.
P2MR addresses this by committing directly to the Merkle root of a script tree rather than relying on an internal key or tweak, preserving Taproot’s scripting flexibility while removing the key-path mechanism that could expose public keys.
Devs Can Now Test Quantum‑Safe BTC Transactions BTQ’s Bitcoin Quantum testnet v0.3.0 implements full P2MR consensus rules, including SegWit version 2 outputs with bc1z (bech32m) address encoding, Merkle root commitment verification, and control block validation.
The release also enables all five Dilithium post‑quantum signature opcodes within the P2MR tapscript context, providing real quantum-resistant signature verification inside the script tree.
To support developer workflows, BTQ included end-to-end command-line wallet tooling and full RPC wallet support so users can perform the complete P2MR transaction flow on testnet.
BTQ And CEO’s Warnings Olivier Roussy Newton, BTQ’s CEO and chairman, framed the launch as a practical advance for industry preparedness. “BIP 360 represents the Bitcoin community’s most significant step toward quantum resistance, and we’ve turned it from a proposal into running code,” he said.
The company further said the testnet’s live validation—covering address creation, funding, transaction construction, signing, mempool acceptance, broadcast, and confirmation—gives implementers and auditors the chance to observe how P2MR operates end to end.
It also signaled that BIP 360’s implementation is network-activated across Bitcoin Quantum’s testing environments, ensuring the feature is available to anyone participating in the testnet.
However, the firm warned that waiting until a quantum-capable adversary emerges would be risky, and urged the industry to move beyond purely theoretical discussion. “The industry can’t afford to treat quantum resistance as a theoretical exercise,” Newton said, adding:
BIP 360 was a landmark proposal, and we’ve turned it into a landmark implementation. Every developer, researcher, and institution that wants to understand how quantum-safe Bitcoin actually works now has a live network to test against.
The daily chart shows Thursday’s Bitcoin retrace below the key $70,000 level. Source: BTCUSDT on TradingView.com At the time of writing, BTC was trading at $69,534, having recorded losses of 3% in the past 24 hours after testing the $76,000 resistance wall earlier this week.
Featured image from OpenArt, chart from TradingView.com
2026-03-20 06:061mo ago
2026-03-20 01:021mo ago
Circle Skills Gives AI Agents Blueprint for Building USDC Cross-Chain Apps
Circle's open-source toolkit helps Claude and other AI assistants build stablecoin apps with proper implementation patterns, reducing developer guesswork.
Circle has released detailed documentation showing how developers can use its open-source Circle Skills library to build cross-chain USDC applications through AI assistants like Claude—a move that could accelerate stablecoin integration as USDC's circulation now exceeds $77 billion.
The toolkit, which launched earlier this month, doesn't just give AI models generic coding ability. It provides decision frameworks for Circle-specific workflows: when to use CCTP versus Gateway for cross-chain transfers, which wallet model fits a particular use case, and how USDC contracts behave differently across chains.
Why This Matters for BuildersAnyone who's prompted an AI to build something complex knows the pattern. The code looks right, compiles fine, then falls apart once you hit edge cases the model didn't anticipate. Circle Skills addresses this by feeding Claude structured context about Circle's product ecosystem before it starts generating code.
The practical difference shows up in implementation choices. In Circle's example—building an app that moves USDC from Ethereum Sepolia to Arc Testnet—Claude automatically selected Dev-Controlled Wallets with Smart Contract Accounts rather than raw key management. It wrapped the transfer in Bridge Kit instead of manually coordinating approve, burn, attestation, and mint steps.
These aren't obvious decisions for a general-purpose AI model. They're the kind of architectural choices that typically require reading documentation, hitting dead ends, and refactoring.
Technical SetupInstallation runs through Claude Code's plugin system:
From there, prompts can be surprisingly direct. Circle's example used: "Use Circle Skills to build a sample app that moves USDC from Ethereum Sepolia to Arc Testnet, using Dev-Controlled Wallets with one wallet created on each chain."
Claude identified the relevant skills—circle:bridge-stablecoin and circle:use-developer-controlled-wallets—and structured the project around Circle's SDKs rather than lower-level API calls.
Market ContextThe timing coincides with renewed institutional interest in stablecoin infrastructure. Circle's stock surged 126% in recent trading amid what analysts describe as USDC's "market resilience." The company appears to be betting that developer tooling—particularly AI-assisted tooling—will drive the next wave of stablecoin adoption.
For teams building payment applications, treasury management systems, or cross-chain bridges, Circle Skills could meaningfully compress development timelines. The library is open source and supports Cursor, Claude Code, and OpenAI Codex.
Whether AI-assisted development becomes standard practice for blockchain applications remains an open question. But Circle is clearly positioning its infrastructure to be AI-native from the start.
Image source: Shutterstock
usdc circle ai development cross-chain stablecoins
2026-03-20 06:061mo ago
2026-03-20 01:051mo ago
Morgan Stanley sets MSBT ticker and $1 million seed capital for bitcoin ETF
Morgan Stanley has filed to launch a spot Bitcoin ETF with the ticker MSBT and a $1 million seed at debut. Mar 20, 2026, 5:05 a.m.
Morgan Stanley wants its planned spot bitcoin BTC$70,837.66 ETF to trade under the ticker MSBT when it debuts.
The investment bank disclosed the ticker in its latest filing with the U.S. Securities and Exchange Commission (SEC), amending its January application for the fund.
The filing also revealed key fund details, which include a 10,000-share creation unit required to build the ETF, and a planned $1 million seed investment, or the initial money used to start the fund. The investment bank bought two shares early this month for audit purposes, it added.
According to an earlier filing, BNY Mellon has been designated to handle the fund’s cash and administrative functions, while Coinbase will serve as prime broker and custodian of its Bitcoin holdings.
Morgan Stanley’s move underscores Wall Street’s growing push into crypto, as established banks and custodians work to make bitcoin more accessible to mainstream investors.
If approved, the Morgan Stanley ETF would let investors get exposure to bitcoin without owning it, joining 11 other spot ETFs, including BlackRock's IBIT, that have been active since January 2024. Those funds have already attracted over $56 billion in investor inflows.
The investment bank also filed an application for a Solana ETF alongside bitcoin earlier this year, but it has yet to submit any updates for that fund.
More For You
Bitcoin holds $69,000 as gold tumbles and oil spikes, but one analyst says stay on sidelines
12 hours ago
While bitcoin has shown relative strength against gold since the war in Iran broke out, investors are better off holding off "dry powder" while prices swing wildly on headlines, said Wintermute's Bryan Tan.
What to know:
Bitcoin slipped to $69,000 but held up better than many traditional assets as Middle East tensions and attacks on energy infrastructure rattled global markets.Oil prices swung back toward $100 a barrel, stoking renewed inflation fears and expectations that central banks may keep interest rates higher for longer. Meanwhile, gold and silver tumbled to their weakest levels since early February.Bitcoin has outperformed gold since the Iran war, but the lack of follow-through above $75,000 suggests investors should remain cautious with dip buying, Wintermute trader Bryan Tan said.
2026-03-20 06:061mo ago
2026-03-20 01:081mo ago
Dogecoin (DOGE) Slips After Failure, Can Bulls Contain More Downside?
Dogecoin started a fresh decline below the $0.0980 zone against the US Dollar. DOGE is now consolidating losses and might face hurdles near $0.0950 and $0.0980.
DOGE price started a fresh decline below the $0.0965 level. The price is trading below the $0.0965 level and the 100-hourly simple moving average. There is a bearish trend line forming with resistance at $0.0950 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could extend losses if it stays below $0.0950 and $0.0980. Dogecoin Price At Risk of More Downside Dogecoin price started a fresh decline after it closed below $0.0980, like Bitcoin and Ethereum. DOGE declined below the $0.0965 and $0.0950 support levels.
The price even traded below $0.0925. A low was formed near $0.0917, and the price is now showing bearish signs. There was a recovery wave above $0.0940, but the price stayed below the 23.6% Fib retracement level of the downward move from the $0.1044 swing high to the $0.0917 low.
Dogecoin price is now trading below the $0.0950 level and the 100-hourly simple moving average. If there is a recovery wave, immediate resistance on the upside is near the $0.0950 level. There is also a bearish trend line forming with resistance at $0.0950 on the hourly chart of the DOGE/USD pair.
The first major resistance for the bulls could be near the $0.0980 level and the 50% Fib retracement level of the downward move from the $0.1044 swing high to the $0.0917 low. The next major resistance is near the $0.10 level.
Source: DOGEUSD on TradingView.com A close above the $0.10 resistance might send the price toward the $0.1050 resistance. Any more gains might send the price toward the $0.1080 level. The next major stop for the bulls might be $0.1120.
More Losses In DOGE? If DOGE’s price fails to climb above the $0.0950 level, it could continue to move down. Initial support on the downside is near the $0.0920 level. The next major support is near the $0.0880 level.
The main support sits at $0.0850. If there is a downside break below the $0.0850 support, the price could decline further. In the stated case, the price might slide toward the $0.0800 level or even $0.0750 in the near term.
Technical Indicators
Hourly MACD – The MACD for DOGE/USD is now losing momentum in the bearish zone.
Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level.
Major Support Levels – $0.0920 and $0.0880.
Major Resistance Levels – $0.0950 and $0.0980.
2026-03-20 06:061mo ago
2026-03-20 01:151mo ago
Crypto Market Braces for Volatility as BTC, ETH Options Expiry Coincides with $5.7T ‘Triple Witching'
Crypto market traders are bracing for heightened volatility and potential selloffs as Bitcoin (BTC) and Ethereum (ETH) options expiry coincide with Friday’s ‘Triple Witching’ event. What’s next for BTC price and the broader crypto market?
Over $2.1 Billion in BTC and ETH Options Expires Today According to crypto derivatives exchange Deribit data, more than 24K BTC options of notional value $1.7 billion are set to expire today. Open interest volume is falling again after the US Fed expected rate cuts are unlikely amid rising inflation. Traders are adjusting positions to a decline in implied volatility, with a put/call ratio of 0.96.
Moreover, the max pain price is at $70,000 and the probability of expiring above the strike price is higher. However, traders have opened massive put options over the past 24 hours ahead of next week’s monthly options expiry, with a $75,000 max pain price.
In the last hours, put volume has surpassed call volume, pushing the put/call ratio bearish to 1.30. This comes as spot Bitcoin ETFs recorded outflows after a week, indicating dropping institutional interest. Bitcoin ETF saw a net outflow of $90.2 million on Thursday.
“This is not a typical “buy the dip” environment, and those treating it like one risk getting stopped out repeatedly. Our models are signaling a shift, but also a critical inflection point where positioning, not prediction, will determine returns,” said 10x Research.
BTC Options Open Interest by Strike Price. Source: Deribit Meanwhile, 379K ETH options worth almost $380 million in notional value are expiring today. The put/call ratio is 1.02, indicating bearish sentiment among traders amid sudden price swings and a sharp drop in crypto market sentiment from 26 to 11 today.
The max pain point is $2150, in line with the current market price. Moreover, traders are targeting a rise in prices to $2,350, leading to crypto market options expiry on March 27.
In the last 24 hours, put volume has remained significantly higher than put volume. The put/call ratio is 1.12, suggesting caution among options traders.
ETH Options Open Interest by Strike Price Crypto Market Braces for ‘Triple Witching’ Event on Wall Street According to a Bloomberg report, markets expect sharp moves amid the $5.7 trillion ‘triple witching’ event today. Triple Witching is a quarterly event where stock options, index options, and index futures expire simultaneously, often causing high volatility.
Notably, $4.1 trillion in index contracts, $772 billion in exchange-traded funds and $875 billion in single-stock options are set to expire today. Crypto stocks and BlackRock Bitcoin ETF (IBIT) could face selloffs today, as traders alter positions in response to the Fed projections.
The crypto market is under selloff pressure as the triple witching options expiry could lead to massive price swings. All eyes are on how both the crypto market and equity markets absorb the shock as the US-Iran war continues.
BTC price currently trades at $70,578 after the crypto market crash, risking further drop if price falls below the 50-day moving average at $69,840. The 24-hour low and high are $68,805 and $70,951, respectively. Trading volume has decreased by 5% over the past 24 hours.
Bitcoin Risks Dropping Below 50-DMA. Source: CMC The derivatives market showed slight buying in the last few hours, as per CoinGlass data. At the time of writing, the total BTC futures open interest jumped 0.83% to $48.60 in past 4 hours. The 4-hour BTC futures OI is up more than 0.70% on CME and 0.85% on Binance.
However, ETH futures open interest has tumbled more than 1% in the past 24 hours. The 4-hour ETH futures open interest on CME and Binance dropped more than 5% and 0.50%, respectively.