Core Viewpoint - Harvia Plc demonstrated solid financial performance in 2025, achieving significant revenue growth and maintaining profitability despite challenging market conditions and unfavorable exchange rates [10][18]. Financial Performance - Revenue for Q4 2025 increased by 5.3% to EUR 53.7 million, with organic growth contributing to a 10.2% increase at comparable exchange rates [5][11]. - Full-year revenue for 2025 reached EUR 198.9 million, marking a 13.5% increase compared to EUR 175.2 million in 2024, with a 16.0% increase at comparable exchange rates [5][21]. - EBITDA for Q4 2025 was EUR 12.3 million, up 18.7% from EUR 10.4 million in Q4 2024, while full-year EBITDA was EUR 45.7 million, a 7.8% increase from EUR 42.5 million [4][5]. - Operating profit for Q4 2025 was EUR 10.4 million, representing 19.3% of revenue, and for the full year, it was EUR 38.3 million, accounting for 19.3% of revenue [5][6]. - Basic EPS for 2025 was EUR 1.41, up from EUR 1.30 in 2024, reflecting a 9.1% increase [5][6]. Market Performance - In North America, revenue growth was 2.8% in Q4 2025, significantly lower than the 62.7% growth in the same quarter of the previous year, impacted by a weak U.S. dollar [12]. - Northern Europe showed a strong recovery with an 11.6% revenue increase in Q4 2025, returning to growth after two years of decline [13]. - The APAC & MEA region experienced a 25.4% revenue increase for the full year 2025, indicating strong long-term growth potential [14]. Strategic Initiatives - Harvia continued to invest in production facilities, innovation, and IT, which are crucial for long-term growth [16][17]. - The introduction of the MyHarvia Smart Sauna Sensor exemplifies the company's commitment to innovation and digital transformation [17]. - The company aims for an average annual revenue growth of 10% and an adjusted operating profit margin exceeding 20% in the long term [8]. Dividend Policy - The Board of Directors proposed a dividend of EUR 0.77 per share for 2025, an increase from EUR 0.75 in 2024, to be paid in two installments [5][9].

Core Insights - Bitget, the world's largest Universal Exchange, has launched the Bitget VIP WE STAY program to support high-net-worth users during market volatility, backed by a $5 million support fund [2][3][4] Group 1: Program Overview - The WE STAY initiative is designed as a "Care, Retention, and Re-entry" framework, focusing on long-term user stability rather than short-term trading incentives [3] - Eligible VIP users will receive a 30-day VIP Status Shield, ensuring uninterrupted access to their highest-tiered VIP status in 2026, regardless of market fluctuations [4] - The program includes trial vouchers for futures positions, allowing low-cost participation without increasing exposure pressure [5] Group 2: Financial Support and Benefits - Bitget is providing full interest waivers on margin lending to ease financing costs and support decision-making during volatile periods [5] - A $1 million reward pool is available for returning VIPs who lapsed between October and December 2025, aimed at helping them reclaim VIP status and premium services [6] Group 3: Company Positioning - The WE STAY program reflects Bitget's commitment to user protection and market resilience, reinforcing its focus on long-term participation and disciplined trading [6] - Bitget serves over 125 million users and offers access to over 2 million crypto tokens, tokenized stocks, ETFs, commodities, FX, and precious metals [8]

Core Viewpoint - Dover Corporation is a global manufacturer with a diverse range of products and services, enhancing its market resilience and positioning it well for growth across various sectors [1][2][3]. Group 1: Company Overview - Dover operates through segments such as Engineered Products, Clean Energy & Fueling, and Climate & Sustainability Technologies, allowing it to serve various industries [1]. - The company faces competition from other industrial manufacturing firms like Emerson Electric and Parker Hannifin [1]. Group 2: Market Sentiment - The consensus price target for Dover's stock has increased from $207.29 to $223 over the past year, indicating growing analyst confidence in the company's future [2][6]. - Despite a lower price target set by Deutsche Bank at $176, the overall sentiment towards Dover remains positive due to its strong market presence [4][6]. Group 3: Innovation and Growth Potential - Dover's focus on innovation, particularly in digital and software services, strengthens its position in the industrial landscape and aligns with evolving industry needs [3][6]. - Strategic acquisitions and strong bookings contribute to a positive market outlook and potential for growth across various sectors [3][6]. Group 4: Earnings Expectations - As Dover prepares to announce its fourth-quarter earnings, expectations are high for growth in both revenue and profit, with analysts anticipating another earnings beat [4]. - The company's history of consistently exceeding earnings expectations highlights its strong operational performance and supports its potential for continued success [5].

From trade tensions to market resilience, from wars to fragile ceasefires: these are the biggest stories of 2025 https://t.co/yI3LC7Snp4 ...

Market Overview - U.S. equities rebounded on October 23, 2025, with major indexes recovering from losses incurred during a sell-off the previous day, driven by corporate earnings, U.S.-China trade tensions, and geopolitical developments affecting oil prices [1][3] - The Dow Jones Industrial Average (DJIA) closed up 0.4% at 46,608.09, the S&P 500 (SPX) gained 0.6%, and the Nasdaq Composite (IXIC) advanced 0.9% [3] Major Market Indexes Performance - On October 22, 2025, the DJIA fell 0.7% to 46,590.41, the Nasdaq Composite lost 0.9% to 22,740.40, and the S&P 500 decreased by 0.5% to 6,699.40 due to disappointing tech earnings and trade tensions [2] - Trading volume on October 22 was 24.8 billion shares, exceeding the 20-session average, indicating heightened market activity [4] Upcoming Economic Indicators - The Consumer Price Index (CPI) report is scheduled for release on October 24, 2025, which is expected to provide insights into inflation trends and influence Federal Reserve policy decisions [5][6] Corporate Earnings Highlights - Tesla (TSLA) shares initially fell but closed up 2% after mixed Q3 results, while IBM (IBM) shares dropped 1% despite beating revenue and profit estimates [8] - Netflix (NFLX) stock plummeted 10.1% due to weaker-than-expected subscriber growth, and Texas Instruments (TXN) fell 5.6% amid soft demand signals [9] - Nokia (NOK) surged 10% following strong Q3 results driven by AI and cloud demand [10] - Molina Healthcare (MOH) and Simply Good Foods (SMPL) both saw significant declines of approximately 20% after disappointing earnings [11] - Las Vegas Sands (LVS) rose 12% after strong Q3 results, while Garrett Motion (GTX) advanced 23% after raising its full-year guidance [12][13] Geopolitical and Commodity Impacts - New U.S. sanctions on Russian oil companies led to a 5.4% increase in WTI crude oil prices, benefiting major U.S. oil companies [14] - Ongoing U.S.-China trade tensions continue to affect investor sentiment, particularly in the tech sector [15] - The 10-year Treasury yield rose to 4.01%, gold futures climbed nearly 2% to $4,135 an ounce, and Bitcoin traded around $110,400 [15] Earnings Announcements - Key earnings reports from Intel (INTC) and Ford Motor (F) are anticipated after market close, which may influence market sentiment [16]

Core Insights - BitMEX demonstrated resilience during the October crypto crash, with only $32 million in long liquidations and $5.9 million in short positions, representing less than 0.2% of the total market wipeout of over $19.16 billion [4][5] - The exchange's design philosophy prioritizes stability and resilience under market stress, avoiding common pitfalls seen in other exchanges [3][10] Insurance Fund and Collateral Management - BitMEX's Insurance Fund absorbed approximately $2 million in losses while remaining fully solvent, functioning as a rules-based mechanism that protects user funds [1] - Collateral must be held directly on the BitMEX platform, ensuring immediate availability for margin calls and reducing panic-driven feedback loops [2] - The exchange accepts collateral with low haircuts of around 5%, which, while limiting trading opportunities, ensures smoother operations during market stress [3] Trading Engine and Liquidation Mechanism - BitMEX's trading engine was specifically designed to remain functional during sudden market shocks, avoiding common design flaws seen in other exchanges [3] - The Fair Price Marking model, which uses a composite index from 16 major exchanges, prevents localized liquidity crises and unjust liquidations [7][8] - The Auto-Deleveraging (ADL) mechanism was invoked only 15 times during the crash, protecting the Insurance Fund from collapse [10][11] Human Oversight and Data Integrity - Despite automated systems, human verification played a crucial role during volatile periods to ensure data integrity and prevent automated chaos [12] - The combination of algorithmic precision and human oversight reflects BitMEX's operational philosophy, maintaining stability during market tension [12] Regulatory Perspective and Market Behavior - Following the crash, discussions around regulatory intervention emerged, but the CEO argued that existing transparency in crypto markets provides effective protection [14] - The CEO emphasized that the crash was not solely due to faulty systems but rather high-risk behavior in the market, suggesting that better enforcement of existing standards is needed [14][15] - Retail traders were advised to prioritize exchanges with transparent, rule-based operations and to understand the systems before committing capital [16][18]

📢 Trading Spaces #8A Week After the Wipeout: Is the Market Stronger or Still Fragile?🎙️ Join @Dentoshi & @matthewbarby🗓️ Friday at 09:45 AM ET for insights on post-dip resilience.⏲️ Set your reminder https://t.co/lGMOLS8bil ...

Market Sentiment - Individual investors' resilience may indicate more than just misplaced optimism [1] - A new generation of "buy the dip" investors is supporting the market [1]

Market Resilience & Investor Sentiment - Despite new tariff announcements weighing down the market (Dow down 279 points, S&P down 0.33%, NASDAQ down 0.22%), stocks are holding up well, indicating market resilience [1] - Individual investors remain undeterred by tariff news, showing strong demand for stocks [2] Upcoming Economic & Earnings Season - The market anticipates new tariffs and potential penalties against sovereign states [3] - Focus shifts to earning season, starting with financials [3][4] - New tariffs from the White House are expected, along with potential actions regarding Russia, which could affect the oil market; expectation that oil prices will decrease [4] Financial Institutions & Performance - The performance of financial institutions is under scrutiny, particularly regarding loan losses and spending slowdown [5] - JP Morgan, led by CEO Jamie Dimon, is a key focus [5] - Wells Fargo, now free from asset cap problems, is also of significant interest [6] - Despite what Croup's CEO Jane Frasier says, analysts are expected to raise price targets and praise the bank [6]