Tomorrow Investor

Intellistake Announces C$500,000 FET Allocation, Advancing Strategic Entry into Decentralized AI Infrastructure — A Token from a Network with Past Industry Initiatives with BMW & Bosch

Tomorrow Investor — Fri, 10 Oct 2025 16:25:15 +0000

Key Highlights:

C$500,000 FET Allocation: Intellistake has announced a deployment of C$500,000 FET to its validator node on the Fetch.ai network, marking an additional strategic digital asset allocation. FET, a core asset of the ASI Alliance, the world’s largest decentralized artificial general intelligence (“AGI”) initiative. AGI refers to AI systems designed to learn, reason, and adapt across a wide range of tasks — closer to human-like intelligence than today’s specialized AI models.
Building on Previous Milestones: This allocation follows the successful deployment of Intellistake’s wallet and validator infrastructure (August 6, 2025) and the acquisition of stablecoins as a base layer into digital assets (August 14, 2025).
FET Industry Significance: FET is a top-75 market cap cryptocurrency, with a market capitalization of approximately US $1.4 billion, daily trading volume approx. US $93 million–making it one of only nine AI tokens globally to surpass the $1 billion mark. The token has deep roots in real-world innovation, originally developed by Fetch.ai–a MOBI consortium member alongside BMW and Bosch.
FET Guided by AGI Leadership: Led in part by Dr. Ben Goertzel, widely recognized as “the father of AGI” and a leading advocate for open, decentralized intelligence frameworks, featured on platforms such as Joe Rogan and Lex Fridman.
FET Staking Operations: Access to staking opportunities with current yields of 5-8% APR, subject to network conditions and market risks
Market Position: Entering the AI digital currency sector, which experienced 208% growth in 2024

VANCOUVER, BC, Oct. 7, 2025 /CNW/ – Intellistake Technologies Corp. (CSE: ISTK) (OTCQB: ISTKF) (FSE: E41) (“Intellistake” or the “Company”) today announces a strategic allocation of digital assets. Following the successful deployment of wallet infrastructure and initial capital preparation (please refer to press releases dated August 6 and August 14, 2025), the Company will acquire and stake C$500,000 FET to its validator node on the Fetch.ai network. This allocation marks Intellistake’s operational entry into decentralized artificial intelligence (“AI”) infrastructure, supporting the Artificial Superintelligence Alliance (“ASI”)–the world’s largest open-source initiative dedicated to Artificial General Intelligence (“AGI”) development¹, a form of AI designed to learn, reason, and adapt across a wide range of tasks, closer to human-like intelligence, rather than being narrowly focused like today’s specialized AI models²–and strengthening participation in a token ecosystem with past industry initiatives involving BMW and Bosch³.

As of October 3, 2025, FET ranks among the top 75 cryptocurrency tokens by market capitalization⁴. Formed by Fetch.ai, SingularityNET, Ocean Protocol, and Cudos, the ASI Alliance is a collaborative initiative focused on building decentralized, interoperable AI systems designed to preserve data privacy, promote open-source collaboration, and accelerate the development of AGI. The FET token was originally developed by Fetch.ai, a member of the MOBI consortium–an industry group focused on mobility blockchain standards that includes companies such as BMW and Bosch³. In addition, Deutsche Telekom–Europe’s largest telecommunications provider and parent company of T-Mobile–supports the Fetch.ai network through its subsidiary T-Systems MMS, which operates validator infrastructure for the FET token⁵.

The announcement comes at a pivotal time. In 2024, AI digital assets surged 208%, reaching a total market capitalization of US$61.5 billion⁶. Grayscale’s AI digital asset sector grew from US$4.5 billion in Q1 2023 to about US$21 billion by mid-2025⁷, validating rising demand for decentralized AI infrastructure from both institutional and retail markets.

With its C$500,000 additional FET allocation, Intellistake will stake directly on its own FET validator node (fetchvaloper1mm4aa88daqg9ah9fd20ae08zlwg33dxg99856x), helping to operate and secure the network while earning yield from the protocol. Intellistake’s validator is publicly viewable on the Fetch.ai Mintscan explorer offering transparent tracking of performance and uptime. In simple terms, staking is the process of locking up digital assets to help run a blockchain network such as FET; in return, participants earn yield. Beyond staking its own holdings, Intellistake also enables third parties to delegate FET to its validator node. When external token holders participate, the Company earns a service commission of 8% on the yield generated, further leveraging its validator infrastructure to support network participation and provide operational revenue opportunities.

FET currently offers estimated annual percentage returns (“APR”) of 5–8%^8,9, with the current rate at approximately 6.24% APR¹⁰, subject to network conditions. As of October 3, 2025, the token had a market capitalization of approximately US $1.4 billion and daily trading volume of around US $93 million¹¹–making it one of only nine AI tokens globally to surpass the $1 billion mark¹².

“The emergence of beneficial AGI will be shaped not only by innovations in science and engineering, but by the structure and dynamics of the global economy — both traditional and crypto. By adding FET to its holdings, Intellistake is helping us move toward a future where intelligence is open, transparent, and collectively guided. At this unique juncture in history, with AI advancing faster than ever, nothing could be more critical.” — Dr. Ben Goertzel, CEO & Chief Scientist, Artificial Superintelligence Alliance (FET)

“We’re positioning ourselves at the intersection of two of the most transformative technologies of our time–artificial intelligence and blockchain,” said Jason Dussault, CEO of Intellistake Technologies Corp. “While traditional AI models, such as large language models (LLMs), are powerful tools for processing information and generating content, they remain narrowly focused and centrally controlled. In contrast, true artificial general intelligence (AGI) aims to reason, learn, and act autonomously. For AGI to benefit humanity, it must be developed in a way that is open, transparent, and decentralized–something leaders like Dr. Ben Goertzel, often referred to as the father of AGI¹³, and the Artificial Superintelligence Alliance (ASI) are actively working toward. We feel incredibly fortunate to have recognition from Dr. Ben Goertzel and to be in a position to actively support the infrastructure that the ASI Alliance is building. By investing in this ecosystem, we’ve had the advantage and privilege to meet and work directly with the C-suite of SingularityNET. This gives us active governance and access to their AGI research, agent deployment and catalogues, cloud compute, data storage, and data sovereignty.

If you’ve followed conversations on podcasts like Joe Rogan or Lex Fridman, you’ll be no stranger to the name Dr. Ben Goertzel, where he addresses a recurring theme: AGI must not be confined to corporate silos. He’s long championed the vision of a decentralized intelligence framework, and through the ASI Alliance–and the FET token–that vision is now taking form.”

Today’s announcement confirms Intellistake’s additional strategic digital asset allocation, with C$500,000 FET to be deployed to its validator node on the Fetch.ai network. This marks the execution phase of the Company’s broader strategy to participate in and support AI-focused blockchain networks. Intellistake remains committed to aligning its holdings with the global shift toward decentralized technologies while leveraging validator infrastructure to generate yield and long-term value for stakeholders. This purchase also supports the development of the Company’s AI Agent technology, which is being developed for deployment within blockchain-based environments (for example Intelliscope which is developed within the FET token ecosystem) where validator operations and smart contract interactions are required. Further updates will be provided as additional milestones are reached.

Sources:

1)	https://superintelligence.io/about/
2)	https://goertzel.org/agiri06/%5B1%5D%20Introduction_Nov15_PW.pdf
3)	https://medium.com/fetch-ai/were-joining-bmw-bosch-ford-gm-renault-accenture-and-ibm-in-the-mobi-consortium-e3839ee8b55f
4)	https://coinmarketcap.com/coins/
5)	https://www.telekom.com/en/media/media-information/archive/dt-cooperates-with-bosch-and-the-fetch-ai-foundation-1058956
6)	https://blockchain.news/flashnews/ai-and-web3-convergence-anthropic-s-61-5b-valuation-and-what-it-means-for-eth-and-sol-investors
7)	https://news.bitcoin.com/grayscale-launches-ai-crypto-sector-20-tokens-and-21b-market-cap
8)	https://www.coinbase.com/en-gb/earn/staking/fetch
9)	https://bitcompare.net/en-gb/coins/artificial-superintelligence-alliance/staking-rewards
10)	https://www.allnodes.com/
11)	https://coinmarketcap.com/currencies/artificial-superintelligence-alliance
12)	https://coinmarketcap.com/view/ai-big-data/
13)	https://www.klover.ai/understanding-agi-ben-goertzel-helped-klover-ai/

About Intellistake

Intellistake Technologies Corp. (CSE: ISTK) is developing software solutions that leverage decentralized AI infrastructure to deliver enterprise-grade intelligence. Through validator operations, strategic token participation, and the development of enterprise AI agents, Intellistake seeks to bridge the gap between emerging decentralized networks and real-world industry adoption.

For additional information on the business of Intellistake please refer to https://www.intellistake.ai/.

Cautionary Note Regarding Forward-Looking Information

This news release contains “forward-looking information” concerning anticipated developments and events related to the Company that may occur in the future. Forward looking information contained in this news release includes, but is not limited to, all statements in respect of the Company’s growth and development, expectations regarding the digital currency market, expectations regarding FET token, its utility and growth profile, the operations and business segments of the Company, support for decentralized AI and blockchain networks, the acquisition and deployment of FET token for validatory and staking operations, expectations regarding validator operations including rewards and revenue generation, the Company’s development of its technology, the functionality of its technology, testing of its technology, customer acquisitions and related matters.

In certain cases, forward-looking information can be identified by the use of words such as “expects”, “intends”, “anticipates” or variations of such words and phrases or state that certain actions, events or results “may”, “would”, or “might” suggesting future outcomes, or other expectations, assumptions, intentions or statements about future events or performance. Forward-looking information contained in this news release is based on certain assumptions regarding, among other things, the Company will continue to have access to financing until it achieves profitability; the technology and blockchain industries in which the Company intends to focus its business in will grow at the rate and in the manner expected; the ability to attract qualified personnel; the success of market initiatives and the ability to grow brand awareness; the ability to distribute Company’s services; the Company creates strategies to mitigate risks associated with cryptocurrency price fluctuations; the Company remains compliant with all applicable laws and securities regulations; the Company engages and collaborates with local experts, as necessary, to address jurisdiction-specific matters and ensures compliance with foreign regulations to avoid penalties; the Company addresses any potential cybersecurity threats promptly and effectively; the ability of the Company to develop its technology, acquire customers and have revenue; the ability to successfully deploy the new business strategy as a result of the change of business. While the Company considers these assumptions to be reasonable, they may be incorrect.

Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results to be materially different from any future results expressed by the forward-looking information. Such factors include risks related to general business, economic and social uncertainties; failure to raise the capital necessary to fund its operations; inability to create strategies to mitigate the risks associated with cryptocurrency price fluctuations; the costs of regulation in the digital asset industries increase to the extent that the Company is no longer generating sufficient returns for shareholders; failure to promptly and effectively address cybersecurity threats; insufficient resources to maintain its operations on a competitive basis; and the actual costs, timing and future plans differs expectations; legislative, environmental and other judicial, regulatory, political and competitive developments; the inherent risks involved in the cryptocurrency and general securities markets; the Company may not be able to profitably liquidate its current digital currency inventory, or at all; a decline in digital currency prices may have a significant negative impact on the Company’s operations; the Company’s success may depend on the continued involvement of key personnel, including advisors, whose involvement cannot be guaranteed; institutional adoption of decentralized AI infrastructure remains uncertain and may not occur at the pace or scale anticipated; evolving regulatory frameworks, including those related to AI (such as Canada’s proposed Artificial Intelligence and Data Act), may impose additional compliance burdens or restrict certain business activities; valuation figures are based on publicly available market data and internal assessments at the time of the referenced transactions and may not reflect current or future valuations; the volatility of digital currency prices; the inherent uncertainty of cost estimates and the potential for unexpected costs and expenses, currency fluctuations; regulatory restrictions, liability, competition, loss of key employees and other related risks and uncertainties; delay or failure to receive regulatory approvals; failure to attract qualified personnel, labour disputes; and the additional risks identified in the “Risk Factors” section of the Company’s filings with applicable Canadian securities regulators.

Although the Company has attempted to identify factors that could cause actual results to differ materially from those described in forward-looking information, there may be other factors that cause results not to be as anticipated. Readers should not place undue reliance on forward-looking information. The forward-looking information is made as of the date of this news release. Except as required by applicable securities laws, the Company does not undertake any obligation to publicly update forward-looking information.

SOURCE Intellistake Technologies Corp.

Company Contact: Alice Cherrington, VP of Communications, [email protected], +1 (888) 480-5052

Nvidia Stock Hits Fresh Records as AI Optimism Overshadows China Concerns

Tomorrow Investor — Fri, 10 Oct 2025 16:18:23 +0000

NEW YORK, October 10, 2025 – Nvidia Corporation (NVDA) reached new intraday and closing highs Thursday, driven by CEO Jensen Huang’s positive AI commentary despite regulatory headwinds from China ¹. The chipmaker’s rally highlights sustained investor confidence in artificial intelligence demand growth.

Nvidia hits record highs on AI optimism
Stock shrugs off Chinese customs crackdown reports
CEO Huang’s comments fuel investor confidence

Market Reaction & Context

Nvidia shares climbed in premarket trading and maintained momentum throughout the session, brushing off reports of increased Chinese customs scrutiny on AI chip imports ². The stock’s resilience contrasts with broader semiconductor sector volatility, as investors weigh geopolitical risks against AI infrastructure buildout demands.

The chip giant’s performance caps a strong week for the stock, which has benefited from renewed optimism about artificial intelligence adoption across enterprise and consumer markets. Nvidia’s dominance in the AI chip market continues to drive investor interest despite regulatory challenges ³.

AI Leadership Drives Momentum

CEO Jensen Huang’s recent positive comments on AI technology development have reinforced market confidence in Nvidia’s growth trajectory ⁴. The company maintains its commanding position in the artificial intelligence semiconductor space, with analysts noting its significant financial advantages over emerging competitors.

Market observers highlight Nvidia’s ability to navigate geopolitical tensions while capitalizing on surging AI demand. The company’s technological leadership in graphics processing units essential for AI training and inference continues to attract institutional investment despite regulatory uncertainties.

Competitive Landscape

While Nvidia faces growing competition from companies like CoreWeave, which some analysts note is experiencing faster growth rates, the established chipmaker’s scale and market position remain formidable ⁵. The company’s comprehensive AI ecosystem, spanning hardware and software solutions, provides multiple revenue streams and customer lock-in advantages.

Recent approvals for trade activities in regions like the UAE have also supported investor sentiment, demonstrating Nvidia’s ability to expand market access despite broader geopolitical challenges ⁶.

Market Outlook

The stock’s performance reflects broader investor enthusiasm for AI infrastructure investments, with many viewing current geopolitical headwinds as temporary obstacles rather than fundamental threats to long-term growth. Nvidia’s ability to maintain record-high valuations suggests strong underlying demand for its products continues to outweigh regulatory concerns.

Analysts expect the company to benefit from continued enterprise AI adoption and the expansion of generative AI applications across multiple industries, supporting the current premium valuation despite ongoing China-related uncertainties.

Not investment advice. For informational purposes only.

References

¹“Nvidia Stock Climbs Premarket, Brushing Off Report Of Chinese Customs Crackdown On AI Chips”. MSN. Retrieved October 10, 2025.

²“Nvidia Stock Climbs Premarket, Brushing Off Report Of Chinese Customs Crackdown On AI Chips”. MSN. Retrieved October 10, 2025.

³“Better AI Stock to Buy: CoreWeave or Nvidia?”. FINVIZ. Retrieved October 10, 2025.

⁴“Nvidia Stock Climbs Premarket, Brushing Off Report Of Chinese Customs Crackdown On AI Chips”. MSN. Retrieved October 10, 2025.

⁵“Better AI Stock to Buy: CoreWeave or Nvidia?”. FINVIZ. Retrieved October 10, 2025.

⁶“Stock Market Today: Dow Falls 240 Points; Gold Miners Fall Hard”. Investor’s Business Daily. Retrieved October 10, 2025.

Qualcomm Shares Drop 3% as China Opens Antitrust Probe Over Autotalks Deal

Tomorrow Investor — Fri, 10 Oct 2025 16:18:22 +0000

BEIJING, October 10, 2025 – China launched an antitrust investigation into Qualcomm (QCOM) over its Autotalks acquisition, sending shares down 3% premarket amid escalating U.S.-China tensions ¹. The probe by China’s State Administration of Market Regulation (SAMR) targets suspected violations of the country’s anti-monopoly law, adding regulatory risk to the chipmaker’s operations in its largest market.

China probes Qualcomm’s Israeli Autotalks acquisition for antitrust violations
Shares fell 3% premarket on regulatory uncertainty
Investigation adds to escalating U.S.-China trade tensions

Market Reaction & Context

Qualcomm shares dropped 3% in premarket trading following the announcement, underperforming the broader semiconductor sector ². The timing coincides with a series of tit-for-tat moves between the U.S. and China, including new port fees on American ships ⁸.

China represents a critical market for Qualcomm, accounting for a significant portion of its revenue through smartphone and automotive chip sales. The investigation creates additional uncertainty for investors already navigating ongoing trade tensions between the world’s two largest economies.

Investigation Details

SAMR said Qualcomm is suspected of violating China’s anti-monopoly law in connection with its acquisition of Israeli vehicle semiconductor company Autotalks ³. The deal, which focuses on connected-vehicle chip technology, comes as automotive semiconductors become increasingly strategic.

Chinese regulators are examining whether the U.S. chipmaker has engaged in practices that violate the country’s competition regulations ⁷. The investigation represents Beijing’s latest scrutiny of American technology companies operating in China.

Strategic Implications

The Autotalks acquisition strengthens Qualcomm’s position in the growing automotive semiconductor market, particularly for vehicle-to-everything (V2X) communication technology. However, the Chinese investigation could delay integration plans or force asset divestitures.

The probe adds to a string of recent regulatory actions as both countries position themselves ahead of potential high-level diplomatic meetings. Analysts view the investigation as part of broader geopolitical maneuvering rather than purely regulatory concerns.

Outlook

The investigation’s timeline and potential penalties remain unclear, creating near-term uncertainty for Qualcomm’s China operations. The company has not yet publicly responded to the probe announcement.

For investors, the investigation highlights ongoing regulatory risks facing U.S. technology companies in China, particularly those involved in strategic sectors like semiconductors and automotive technology. The outcome could influence future cross-border technology acquisitions and market access strategies.

Not investment advice. For informational purposes only.

References

¹“China opens antitrust probe into Qualcomm over its Autotalks deal”. Reuters. Retrieved October 10, 2025.

²“Qualcomm shares fall after China opens antitrust probe into chip giant”. CNBC. Retrieved October 10, 2025.

³“China opens probe into Qualcomm on suspected anti-trust violation”. Yahoo Finance. Retrieved October 10, 2025.

⁴“China launches antitrust probe into US chip giant Qualcomm”. South China Morning Post. Retrieved October 10, 2025.

⁵“Chinese regulators are investigating Qualcomm’s acquisition of Autotalks”. Engadget. Retrieved October 10, 2025.

⁶“China’s market regulator launches antitrust investigation into Qualcomm”. Xinhua. Retrieved October 10, 2025.

⁷“Qualcomm faces antitrust probe in China; shares fall”. Investing.com. Retrieved October 10, 2025.

⁸“China Targets Qualcomm, US Ships as Xi and Trump Seek Leverage”. Bloomberg. Retrieved October 10, 2025.

UK Designates Google with Strategic Market Status, Enabling New Regulatory Powers

Tomorrow Investor — Fri, 10 Oct 2025 16:18:19 +0000

LONDON, October 10, 2025 – Britain’s competition regulator designated Google (GOOGL) with “strategic market status” on Friday, granting new powers to impose changes on the search giant’s business practices ¹. The move could force operational changes that may impact Google’s dominant search advertising revenues in the UK market.

CMA grants Google strategic market status under new competition law
Regulator gains power to enforce fairer search ranking practices
Google controls approximately 90% of UK search market share

Market reaction & context

The Competition and Markets Authority (CMA) activated powers under legislation that came into force in January, targeting Google’s estimated 90% share of the UK search market ². This regulatory action follows similar antitrust measures in the European Union and ongoing Department of Justice proceedings in the United States.

The designation puts Google under heightened scrutiny in one of its key international markets. Search advertising represents a significant portion of parent company Alphabet’s revenue stream, making regulatory intervention a material concern for investors.

Regulatory requirements

The CMA’s proposed measures, outlined in June, include requirements for fairer ranking in search results and improved consumer access to alternative search engines ³. The regulator now has enforcement power to mandate these changes rather than relying on voluntary compliance.

Under the new framework, Google must provide greater transparency in how it ranks search results and potentially offer easier ways for users to switch to competing search platforms. The measures aim to increase competition in a market where Google faces limited rivalry from alternatives like Microsoft’s Bing or DuckDuckGo.

Industry implications

The strategic market status designation represents the first major test of Britain’s new competition powers designed to regulate Big Tech companies. “Britain’s antitrust watchdog on Friday labeled Google a ‘strategic’ player in the online search advertising market, paving the way for proportionate interventions,” according to regulatory filings ⁴.

The action signals Britain’s willingness to independently regulate technology giants post-Brexit, potentially setting precedent for other markets. Similar regulatory frameworks are under consideration in several jurisdictions as governments seek greater oversight of dominant digital platforms.

Outlook

Google now faces a consultation period where it can respond to the CMA’s proposed requirements before final rules take effect. The company has previously argued that its search algorithm provides the most relevant results for users and that regulatory intervention could reduce service quality.

The designation adds to mounting regulatory pressure on Google globally, with potential implications for how the company structures its search and advertising business in major international markets. Investors will monitor whether similar actions spread to other jurisdictions where Google maintains dominant market positions.

Not investment advice. For informational purposes only.

References

¹“UK triggers new powers to regulate Google search”. Reuters. Retrieved October 10, 2025.

²“Google may be forced to make changes to search engine in UK”. BBC. Retrieved October 10, 2025.

³“UK’s CMA activates new powers to regulate Google search”. CNBC. Retrieved October 10, 2025.

⁴“UK watchdog targets Google’s ‘strategic’ role in search ads and a competitive market”. News Nation Now. Retrieved October 10, 2025.

Draganfly to Showcase Advanced Drone Systems at AUSA 2025

Tomorrow Investor — Fri, 10 Oct 2025 16:17:51 +0000

Draganfly to Exhibit Advanced Drone Solutions at AUSA 2025 | GlobeNewsWire

Source: GlobeNewsWire • Published: October 10, 2025 • Sentiment: positive • Ticker: DPRO

Washington, DC, Oct. 10, 2025 (GLOBE NEWSWIRE) — Draganfly Inc. (NASDAQ: DPRO; CSE: DPRO; FSE: 3U8A) (“Draganfly” or the “Company”), a leader in advanced unmanned systems and integrated drone solutions, today announced its participation at the Association of the U.S. Army (AUSA) Annual Meeting & Exposition from October 13-15, 2025. Draganfly will exhibit in booth (#943) alongside its newest partner, Defense Prime Global Ordnance, where attendees will have the opportunity to experience the Company’s latest drone platforms, sensor systems, and mission-focused technologies firsthand.

This excerpt is quoted from the original release. Read the full announcement on GlobeNewsWire.

Brief Summary

Draganfly Inc. (NASDAQ: DPRO) is poised to showcase its latest drone technologies at the AUSA 2025 Annual Meeting & Exposition. Join us from October 13-15, 2025, in Washington, DC, at booth #943.

Experience innovative drone platforms
Explore advanced sensor systems
Learn about mission-focused technologies
Network with industry leaders
Meet our partner, Defense Prime Global Ordnance

Why it matters: This event underscores Draganfly’s commitment to leading the unmanned systems sector, reflecting its innovations that drive industry standards.

Read the Full Article

This is a summary of the press release. For the complete article and any additional details, please visit the original source.

Read Full Article

Attribution: Original press release by GlobeNewsWire on October 10, 2025. We provide an AI-generated summary and links for convenience. Always verify details with the original source. Not investment advice. For informational purposes only.

Vision Marine Technologies Announces Proceeds from Real Estate Sale

Tomorrow Investor — Fri, 10 Oct 2025 16:17:48 +0000

Vision Marine Technologies Consolidates Operations Through Real Estate Sale | Accesswire

Source: Accesswire • Published: October 10, 2025 • Sentiment: positive • Ticker: VMAR

Streamlines operations by allowing Nautical Ventures to consolidate its North Palm Beach locations into a single dealership and showroom MONTREAL, QC / ACCESS Newswire / October 10, 2025 / Vision Marine Technologies Inc. (NASDAQ:VMAR) (“Vision Marine” or the “Company”), a pioneering marine technology company, today announced the sale of the property on which a Nautical Ventures dealership is located at 300 U.S. Highway 1 in North Palm Beach, Florida. The Company intends to consolidate operations from this dealership into its neighbouring water sports showroom at 139 Shore Court, enhancing operational efficiency while continuing to serve customers in Florida – the largest recreational boating market in the United States – through its Nautical Ventures retail network.

This excerpt is quoted from the original release. Read the full announcement on Accesswire.

Brief Summary

Vision Marine Technologies Inc. (NASDAQ: VMAR) has announced a major move by streamlining its operations. The Company has sold the Nautical Ventures dealership property in North Palm Beach and will consolidate operations into a neighboring water sports showroom. Here’s what this means for investors:

Strategic consolidation: Enhances operational efficiency.
Market Focus: Florida, the largest recreational boating market in the U.S.
Future Growth: Supports customer service in the retail network.

Why it matters: This strategic decision indicates Vision Marine’s commitment to optimizing its footprint in a key market, potentially leading to improved profitability and customer experience.

Read the Full Article

This is a summary of the press release. For the complete article and any additional details, please visit the original source.

Read Full Article

Attribution: Original press release by Accesswire on October 10, 2025. We provide an AI-generated summary and links for convenience. Always verify details with the original source. Not investment advice. For informational purposes only.

Royal Mail Partners with TikTok Shop to Expand UK E-commerce Delivery Services

Editorial — Fri, 10 Oct 2025 16:12:25 +0000

LONDON, October 10, 2024 – Royal Mail announced a partnership with TikTok Shop to provide delivery services to UK merchants on the social media platform’s e-commerce marketplace ¹. The deal positions Royal Mail to capture growing social commerce revenue as TikTok Shop expands its seller base across Britain.

Royal Mail partners with TikTok Shop for UK delivery services
Merchants access Click & Drop service through platform integration
Move targets growing social commerce market segment

Partnership Details

The collaboration allows TikTok Shop merchants to integrate Royal Mail’s Click & Drop service directly with their accounts, streamlining the shipping process for sellers of all sizes ². The service enables merchants to arrange shipments and deliver goods to customers through Royal Mail’s established network.

TikTok Shop merchants can now access Royal Mail’s delivery infrastructure without requiring separate shipping arrangements. The integration aims to improve the delivery experience for both sellers and buyers on the platform ³.

Market Context

The partnership comes as social commerce grows rapidly in the UK, with platforms like TikTok, Instagram, and Facebook expanding their e-commerce capabilities. Royal Mail faces increasing competition from private delivery companies including DPD, Hermes, and Amazon Logistics in the parcel delivery market.

TikTok Shop launched in the UK in 2021 and has been expanding its merchant services to compete with established e-commerce platforms like Amazon and eBay. The platform allows users to purchase products directly through the app without leaving to external websites.

Strategic Implications

For Royal Mail, the partnership represents an opportunity to tap into the growing social commerce segment while leveraging its existing delivery infrastructure. The deal could help offset declining traditional mail volumes by capturing more parcel delivery business.

TikTok Shop benefits by offering merchants a reliable delivery option backed by Royal Mail’s nationwide network. The integration removes a potential barrier for small businesses looking to sell on the platform without managing complex shipping logistics.

Industry Response

The partnership reflects broader trends in e-commerce where social media platforms are building comprehensive merchant ecosystems. Third-party logistics providers are also targeting social commerce platforms, with companies like Lama Fulfilment offering specialized services for TikTok Shop sellers ⁵.

Integration services from companies like Constacloud are facilitating connections between social commerce platforms and traditional delivery providers, suggesting growing demand for streamlined shipping solutions ⁶.

Outlook

The Royal Mail-TikTok Shop partnership positions both companies to benefit from continued growth in social commerce. For investors, the deal signals Royal Mail’s strategy to diversify revenue streams beyond traditional postal services.

The success of the partnership will likely depend on TikTok Shop’s ability to attract and retain UK merchants, as well as Royal Mail’s capacity to handle increased parcel volumes efficiently.

Not investment advice. For informational purposes only.

References

¹(October 10, 2024). “Royal Mail and TikTok Shop form partnership to offer delivery network to UK sellers”. Sunday Guardian Live. Retrieved October 10, 2024.

²(November 20, 2023). “TikTok Shop partners with Royal Mail to provide ‘Click and Drop’ service to its merchants”. TikTok Newsroom. Retrieved October 10, 2024.

³(November 2023). “TikTok Shop Partners With Royal Mail!”. TikTok Shop Business. Retrieved October 10, 2024.

⁴(November 23, 2023). “TikTok Shop Partners With Royal Mail!”. TikTok Global Shop. Retrieved October 10, 2024.

⁵“TikTok Shop Fulfilment UK: Full Guide for Sellers”. Lama Fulfilment. Retrieved October 10, 2024.

⁶“Integrate Royal mail with Tiktok Shop – Commercium”. Constacloud. Retrieved October 10, 2024.

⁷“Royal Mail Launch for Shipped by Platform”. TikTok Seller University. Retrieved October 10, 2024.

⁸(November 21, 2023). “TikTok Shop partners with Royal Mail on ‘Click & Drop’ for merchants”. Retail Systems. Retrieved October 10, 2024.

⁹(November 20, 2023). “TikTok Shop partners with Royal Mail for Click & Drop service”. Retail Week. Retrieved October 10, 2024.

US Sanctions Hit Chinese Oil Terminal Handling Sinopec Crude Imports

Editorial — Fri, 10 Oct 2025 16:12:23 +0000

WASHINGTON, October 10, 2025 – The US imposed sanctions on about 100 entities including a Chinese oil terminal that handles one-fifth of Sinopec’s crude imports for Iranian oil trade. The sanctions target critical infrastructure in China’s energy supply chain, potentially disrupting operations for the state-owned oil giant and raising compliance costs.

US sanctions Chinese terminal handling 20% of Sinopec imports
About 100 entities, vessels sanctioned for Iranian oil trade
Second Chinese terminal targeted since January sanctions wave

Market Impact and Industry Context

The sanctions specifically target a unit at Rizhao Port in Shandong province, which sources said handles approximately 20% of China Petroleum & Chemical Corp’s (Sinopec) crude oil imports¹. The measures represent an escalation in the Trump administration’s pressure campaign against Iranian oil flows to China, the world’s largest crude importer.

This marks the second Chinese oil terminal sanctioned this year, following previous measures that have already targeted 166 ships tied to Iranian oil trade since January². The sanctions also hit Shandong Jincheng Petrochemical, an independent Chinese refinery, among other entities.

Treasury Department Action

Treasury Secretary Scott Bessent said the sanctions demonstrate the administration’s commitment to cutting off Iran’s oil revenue streams³. The measures freeze any US-based assets of the targeted entities and prohibit American individuals and companies from conducting business with them.

The sanctioned terminal is described as “a major cog in global crude flows,” highlighting the potential broader impact on international energy markets⁴. The Rizhao Port unit’s designation could force Sinopec to find alternative import channels, potentially increasing operational costs and supply chain complexity.

Strategic Implications for China’s Energy Sector

The targeting of infrastructure handling significant volumes for Sinopec underscores the US strategy of pressuring Chinese state-owned enterprises indirectly through their supply chains. Independent refineries, known as “teapots” in industry parlance, have been particular focuses of recent sanctions rounds.

China has emerged as Iran’s largest oil customer despite US sanctions, with Iranian crude often sold at discounted prices to Chinese buyers. The latest measures aim to complicate these transactions by targeting the physical infrastructure that enables oil imports.

Outlook and Industry Response

The sanctions come as the Trump administration seeks to maximize economic pressure on Iran through what officials call a “maximum pressure” campaign. Industry analysts expect Chinese companies to seek workarounds, potentially involving ship-to-ship transfers and alternative payment mechanisms.

The designation of major port infrastructure represents a significant escalation from previous sanctions that primarily targeted shipping vessels and smaller trading companies. This approach could have broader implications for legitimate crude trade if it creates compliance uncertainties for international energy companies.

Not investment advice. For informational purposes only.

References

¹“Latest US sanctions on Iranian oil deal blow to China’s Sinopec”. Reuters. Retrieved October 10, 2025.

²“New US sanctions target 50 people, companies and ships for”. ABC News. Retrieved October 10, 2025.

³“New US sanctions take aim at Iran’s oil and gas trade”. AP News. Retrieved October 10, 2025.

⁴“US Hits Firms Moving Iranian Oil and Major China Crude Terminal”. Bloomberg. Retrieved October 10, 2025.

⁵“US imposes sanctions on China refinery, others for Iran oil purchases”. Reuters. Retrieved October 10, 2025.

⁶“US imposes sanctions on China refinery, others for Iran oil purchases”. Middle East Online. Retrieved October 10, 2025.

⁷“US Sanctions China Rizhao Port Unit, Hurting Iran Oil Flows”. Financial Post. Retrieved October 10, 2025.

Costco’s Apparel Business Grows 40% Over Five Years, Outpacing Warehouse Rivals

Editorial — Fri, 10 Oct 2025 16:12:21 +0000

ISSAQUAH, October 10, 2025 – Costco Wholesale Corp (COST.O) has grown its clothing business by nearly 40% over the past five years, significantly outperforming warehouse competitors BJ’s Wholesale Club and Sam’s Club ¹. The retailer’s apparel segment now generates approximately 9 billion annually, positioning it as a major force in the clothing retail landscape ⁸.

Costco clothing sales grew 40% in five years
Annual apparel revenue reaches 9 billion
Outperforms Old Navy, Neiman Marcus in sales

Market Position and Scale

Costco’s clothing business now surpasses traditional fashion retailers including Old Navy, Neiman Marcus, and Ralph Lauren in annual sales volume ². The warehouse giant’s apparel revenue has evolved from a supplementary category to a substantial profit driver, contributing meaningfully to the company’s overall financial performance.

The growth trajectory significantly exceeds that of direct competitors BJ’s Wholesale Club (BJ.N) and Sam’s Club, owned by Walmart Inc (WMT.N), highlighting Costco’s competitive advantage in the membership-based retail model ¹.

Strategic Approach and Pricing

Costco’s success stems from its high-volume, low-margin strategy featuring aggressive price points across clothing categories. The retailer offers jeans for 14, dress shirts for 25, and premium items around 100, creating compelling value propositions for budget-conscious consumers ⁸.

The company’s private-label Kirkland Signature brand plays a crucial role in the clothing strategy, contributing to both margin expansion and customer loyalty. Kirkland has evolved beyond a simple store brand into what industry observers describe as Costco’s “secret weapon” and a billion-dollar empire in its own right ³.

Operational Excellence

Costco’s clothing success reflects broader operational strengths including supply chain efficiency and inventory management. The company’s approach of carrying limited SKUs in large quantities allows for better supplier negotiations and cost control, translating into competitive retail prices.

The retailer’s membership model creates a captive customer base with higher average spending patterns compared to traditional retail formats. This membership revenue stream also supports the company’s ability to maintain lower margins on merchandise while preserving profitability.

Industry Impact and Outlook

The warehouse retailer’s emergence as a clothing powerhouse demonstrates the ongoing disruption in traditional retail channels. Costco’s success challenges conventional wisdom about where consumers prefer to purchase apparel, particularly as value consciousness remains elevated among shoppers.

Industry analysts view Costco’s clothing growth as sustainable given the company’s operational advantages and membership loyalty. The business model’s resilience during economic uncertainty provides additional confidence in the segment’s long-term prospects.

Not investment advice. For informational purposes only.

References

¹CNBC (2025). “How Costco quietly built a multibillion-dollar clothing empire”. CNBC. Retrieved October 10, 2025.

²Fast Company (2019). “How Costco quietly became a 7-billion fast-fashion powerhouse”. Fast Company. Retrieved October 10, 2025.

³YouTube (2024). “Costco’s Secret Weapon: How Kirkland Became a Billion-Dollar Brand”. YouTube. Retrieved October 10, 2025.

⁴Acquired Podcast (2023). “Costco: The Complete History and Strategy”. Acquired. Retrieved October 10, 2025.

⁵Washington Post (2019). “Costco quietly becomes a destination for clothes”. Washington Post. Retrieved October 10, 2025.

⁶YouTube (2025). “Inside Costco: The Shocking Strategy That Built The Most Loyal”. YouTube. Retrieved October 10, 2025.

⁷CMoney (2025). “How Costco quietly built a multibillion-dollar clothing empire”. CMoney. Retrieved October 10, 2025.

⁸SatPost by Trung Phan (2023). “Costco’s 9B clothes business, explained”. SatPost. Retrieved October 10, 2025.

⁹CNBC (2025). “The Partner with Marcus Lemonis – Watch Latest Clips”. CNBC. Retrieved October 10, 2025.

Bristol Myers Squibb Acquires Orbital Therapeutics for 1.5 Billion to Expand Cell Therapy Portfolio

Editorial — Fri, 10 Oct 2025 16:12:18 +0000

NEW YORK, October 10, 2025 – Bristol Myers Squibb (BMY.N) agreed to acquire cell therapy developer Orbital Therapeutics for 1.5 billion cash, expanding its immunotherapy capabilities.

The acquisition strengthens Bristol Myers’ position in the rapidly growing cell therapy market and adds innovative in vivo CAR-T technology that could simplify treatment delivery for autoimmune disorders.

1.5 billion all-cash deal for privately-held Orbital Therapeutics
Expands Bristol Myers’ CAR-T cell immunotherapy portfolio significantly
Adds promising in vivo technology for autoimmune treatments

Strategic Positioning in Cell Therapy

The deal centers on Orbital’s lead experimental candidate, OTX-201, which represents a new approach to CAR-T cell immunotherapy ¹. Unlike traditional CAR-T treatments that require extracting, modifying and reinfusing patient cells, Orbital’s in vivo technology delivers genetic instructions directly into the body.

Bristol Myers joins other major pharmaceutical companies investing heavily in next-generation cell therapies. The acquisition price reflects premium valuations in the biotech sector, where promising early-stage assets command significant multiples.

Technology and Pipeline Benefits

Orbital’s platform focuses on RNA medicine and in vivo CAR-T cell therapy capabilities, potentially making cell therapies more accessible for autoimmune disorders ². The technology could address current limitations of CAR-T treatments, including complex manufacturing processes and high costs.

Bristol Myers has been actively building its cell therapy portfolio through acquisitions and partnerships. The company’s existing CAR-T franchise includes approved treatments for blood cancers, generating hundreds of millions in annual revenue.

Market Context and Competitive Landscape

The global CAR-T cell therapy market is expected to grow significantly over the next decade as treatments expand beyond blood cancers into solid tumors and autoimmune diseases ³. Major competitors including Gilead Sciences, Novartis, and Johnson & Johnson are also investing in advanced cell therapy platforms.

Bristol Myers’ acquisition follows a pattern of large pharmaceutical companies purchasing innovative biotech firms to access cutting-edge technologies. The 1.5 billion price tag reflects confidence in Orbital’s platform potential despite early-stage development status.

Financial Terms and Timeline

Under the agreement terms, Bristol Myers will pay the full 1.5 billion in cash at closing, subject to customary closing conditions ⁴. The deal is expected to close in the coming months pending regulatory approvals and other standard requirements.

Bristol Myers has not disclosed specific revenue projections or development timelines for Orbital’s pipeline candidates. The acquisition represents part of the company’s broader strategy to diversify its oncology and immunology portfolios ahead of key patent expirations.

Not investment advice. For informational purposes only.

References

¹(October 10, 2025). “Bristol Myers Squibb Strengthens and Diversifies Cell Therapy Portfolio with Acquisition of Orbital Therapeutics”. Bristol Myers Squibb Press Releases. Retrieved October 10, 2025.

²(October 10, 2025). “Bristol Myers buys Orbital Therapeutics for 1.5 billion in cell therapy”. CNBC. Retrieved October 10, 2025.

³(October 10, 2025). “Bristol Myers buys Orbital Therapeutics for 1.5 billion in cell therapy”. Reuters. Retrieved October 10, 2025.

⁴(October 10, 2025). “BMS inks 1.5B deal to pull Orbital into its sphere of influence”. FierceBiotech. Retrieved October 10, 2025.