Category: 3. Business

American Bitcoin (ABTC) shares slipped 5% Tuesday, catching the attention of investors as trading volumes remained steady. Given this move, many are curious about what may be driving the sudden adjustment in the stock’s price.

See our latest analysis for American Bitcoin.

American Bitcoin’s share price has certainly been on a rollercoaster lately. After a sharp 16.6% share price return in the past week, Tuesday’s 4.7% dip stands out and reflects the market’s ongoing debate over its true value. Looking at the year-to-date share price return of -11.4%, momentum appears to be struggling to build, even as the market reacts to every twist and turn.

If you’re wondering what other fast-moving stocks investors are watching right now, it’s the perfect chance to discover fast growing stocks with high insider ownership

With such volatile swings and a lack of strong momentum, is American Bitcoin trading at an appealing discount? Alternatively, are investors already factoring in any future upside into today’s price, leaving little room for a bargain?

With American Bitcoin’s latest closing price of $5.68, its price-to-earnings (P/E) ratio of 31.8x stands in the spotlight, especially for those comparing it to both industry and peer averages. This figure gives investors a snapshot of what the market is willing to pay for each dollar of the company’s earnings.

The P/E ratio is a widely used metric for valuing companies like American Bitcoin, particularly in the software sector. It reflects the relationship between share price and per-share earnings and offers insight into how the market values the company’s profitability and growth potential relative to its stock price.

American Bitcoin’s P/E ratio of 31.8x is slightly lower than the broader US software industry average of 33.9x. This suggests the stock is not being priced at a significant premium within its sector. However, this multiple is notably higher compared to its peer average of 18.8x, which could indicate the market has elevated expectations for American Bitcoin or is pricing in more future growth than its peers. Yet, it remains debated whether the current earnings growth profile and risks fully justify this premium.

See what the numbers say about this price — find out in our valuation breakdown.

Result: Price-to-Earnings of 31.8x (ABOUT RIGHT)

However, uncertainty around American Bitcoin’s actual earnings quality and a lack of visible revenue growth could present challenges to the bull case in the near term.

Find out about the key risks to this American Bitcoin narrative.

If you have your own perspective or want to explore American Bitcoin’s numbers firsthand, you can quickly analyze and build your personal view in minutes. Do it your way

A great starting point for your American Bitcoin research is our analysis highlighting 2 key rewards and 3 important warning signs that could impact your investment decision.

Opportunities like these do not wait for anyone. Set yourself up for success by acting now and tapping into unique stock themes handpicked using the Simply Wall Street Screener.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include ABTC.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com

Stay informed with free updates

Simply sign up to the Health sector myFT Digest — delivered directly to your inbox.

Life sciences group Thermo Fisher is nearing a takeover of drug trial software maker Clario in a deal that could value the healthcare technology group at approximately $10bn.

The all-cash deal could be announced as early as Wednesday provided it does not hit any last-minute snags, according to two people familiar with the matter.

The acquisition would give Thermo Fisher access to a platform that is playing an increasingly critical role in managing the clinical data essential to drug trials. Clario’s technology has been used across 26,000 trials in more than 100 countries, generating as much as $400mn a year in adjusted earnings.

If a sale materialises, it would mark one of the biggest full private equity exits of the year.

Founded in 2021 by a merger of health tech groups ERT and Bioclinica, Clario is majority owned by Stockholm-based private equity group Nordic Capital. It also counts Astorg Partners, Novo Holdings and Cinven as minority investors. Clario’s private equity backers had until recently been considering a public listing for the group.

Thermo Fisher, Clario, Nordic, Astorg, Novo Holdings and Cinven did not immediately respond to requests for comment.

The deal would mark Thermo Fisher’s biggest acquisition since 2021 when the Massachusetts-based group bought contract research organisation PPD in a deal worth $17.4bn. Earlier this year, Thermo Fisher struck a $4.1bn deal to buy Solventum’s filtration unit.

It comes amid a volatile period for Thermo Fisher and the wider healthcare sector. Shares in Thermo Fisher dropped earlier this year as investors fretted over the impact of President Donald Trump’s cuts to the National Institutes of Health on its sales, but they have since rallied.

Thermo Fisher shares are up 6 per cent this year, giving it a market capitalisation of $210bn.

(Bloomberg) — Asian stocks advanced on optimism that artificial intelligence will continue to drive profits at megacap technology companies reporting earnings this week, amid growing bets on a Federal Reserve interest-rate cut.

Shares in Japan and South Korea rose at the open, while Hong Kong is shut for a public holiday. While the S&P 500 posted a modest gain and closed at an all-time high, a gauge of the so-called ‘Magnificent Seven’ tech companies climbed 1.3%. Nvidia Corp. added almost 5% after Chief Executive Officer Jensen Huang announced a flurry of new partnerships and dismissed concerns about an AI bubble. Its supplier SK Hynix Inc. jumped as much as 4% in Seoul after reporting a record profit Wednesday.

The yen gained after US Treasury Secretary Scott Bessent weighed in on the Bank of Japan’s policy space, which fueled rate-hike bets. A gauge of the dollar edged lower for a third day. Oil held a three-day drop amid mounting signs of oversupply, while gold inched up after three days of losses.

With five big tech companies — representing roughly a quarter of the US equity benchmark — set to report between Wednesday and Thursday, investors will soon gauge whether the billions poured into computing infrastructure will keep flowing and ultimately deliver returns. Adding to the week’s momentum, Fed officials are poised to announce their rate decision on Wednesday, with Wall Street largely betting on a quarter-point cut.

“The markets have a massive wall of event risk to scale this week,” wrote Kyle Rodda, a senior analyst at Capital.com in Melbourne.

That’s all happening as President Donald Trump tours Asia, which includes a scheduled meeting with his Chinese counterpart Xi Jinping.

The Wall Street Journal reported the US would roll back some tariffs if Beijing cracks down on the export of chemicals that produce fentanyl. Optimism around a deal has boosted copper to near record levels, and seen gold pull back from recent highs.

The Trump administration is also slated to sign a deal with South Korea aimed at bolstering cooperation in artificial intelligence, quantum computing and 6G, according to a US official — part of a bid to maintain a competitive edge with China in an expanding race for tech supremacy.

Technology sector remains the key focus of market participants. The so-called ‘Magnificent Seven’ group is projected to deliver profit growth of 14% in the third quarter, according to data compiled by Bloomberg Intelligence.

That’s nearly twice the 8% expected profit growth for the broader S&P 500, but it also would be the slowest pace since the first quarter of 2023.

However, big techs have a history of reporting earnings that far exceed Wall Street estimates. And that’s what many investors are counting on.

Over Wednesday and Thursday, Microsoft Corp., Alphabet Inc., Meta Platforms Inc., Amazon.com Inc. and Apple Inc. will all report results.

“We expect another strong round of megacap tech earnings reports, given the relentless demand for AI technology and infrastructure,” said Clark Bellin at Bellwether Wealth. “While profitability in AI remains an unknown, investors for now are willing to overlook this as the AI arms race heats up.”

Also buoying sentiment were bets the Fed will cut rates Wednesday, with traders hoping for clarity as to when officials will stop shrinking the central bank’s portfolio of securities. Bets have grown they may end quantitative tightening as soon as this month.

Expectations are set for two things from this week’s Fed meeting — officials will lower rates by a quarter percentage point and Chair Jerome Powell will offer little guidance as a growing divide among policymakers blurs the path ahead.

Corporate News:

OpenAI is giving its long-time backer Microsoft Corp. a 27% ownership stake as part of a restructuring plan that took nearly a year to negotiate. Private equity firm Boyu Capital has emerged as the frontrunner in Starbucks Corp.’s search for a partner in its China business. Apple Inc. is preparing major changes to its MacBook Air, iPad mini and iPad Air lines, with a plan to give the popular devices higher-end displays. Visa Inc. reported fiscal fourth-quarter earnings that topped estimates as consumers continued to swipe, tap and insert their credit cards to transact globally. Ping An Insurance (Group) Co. said profit rose 11.5% in the first nine months of this year, as a stock market rally lifted investment returns and policy sales expanded. Bank of China Ltd. reported a 5% increase in third-quarter profit, as the lender managed to stabilize its net interest margin despite mounting challenges from weakening credit demand. Some of the main moves in markets:

Stocks

S&P 500 futures were little changed as of 10:14 a.m. Tokyo time Hang Seng futures rose 0.9% Nikkei 225 futures (OSE) rose 1% Japan’s Topix was little changed Australia’s S&P/ASX 200 fell 0.7% Euro Stoxx 50 futures fell 0.1% Currencies

The Bloomberg Dollar Spot Index was little changed The euro was little changed at $1.1653 The Japanese yen rose 0.3% to 151.69 per dollar The offshore yuan was little changed at 7.0937 per dollar The Australian dollar rose 0.2% to $0.6597 Cryptocurrencies

Bitcoin fell 0.4% to $112,403.04 Ether was little changed at $3,977.32 Bonds

The yield on 10-year Treasuries was little changed at 3.98% Japan’s 10-year yield advanced one basis point to 1.650% Australia’s 10-year yield advanced four basis points to 4.21% Commodities

West Texas Intermediate crude rose 0.2% to $60.26 a barrel Spot gold rose 0.7% to $3,978.38 an ounce This story was produced with the assistance of Bloomberg Automation.

©2025 Bloomberg L.P.

Tencent today announced the top 50 finalists, coming from 12 countries and regions around the world, for its CarbonX Program 2.0 (CarbonX 2.0), a landmark initiative to accelerate next generation climate technologies and the essential capabilities needed for a net-zero world by 2050.

These innovators, selected from more than 660 applicants across 54 countries and regions, are competing for a share of RMB200 million (approximately US$28 million) in catalytic funding. Winners will also receive technical resources, expert mentorship, and opportunities to pilot their solutions in real-world environments, including in climate vulnerable regions such as Kenya, the Maldives, and Serbia.

Bridging the “Valley of Death” in Climate Innovation 

The path from breakthrough discovery to real-world impact is often blocked by what experts call the ‘Valley of Death’ – the critical gap between early-stage innovation and large-scale deployment. Many climate technologies fail to progress due to limited funding, partnerships, and testing environments.

The CarbonX Program was created to close this gap. It does this by building a global ecosystem where scientists, engineers, entrepreneurs, investors, and industry leaders work together to accelerate the scaling of climate solutions, offering comprehensive support beyond mere financing.

“The climate crisis is the defining challenge of our time and tackling it demands both bold innovation and collective action across the global ecosystem,” said Davis Lin, Senior Vice President of Tencent. “With CarbonX, we are not only investing in groundbreaking ideas, but also creating the pathways to turn them into real-world solutions. By bridging the gap between research and deployment, we aim to accelerate technologies that can store, transform, and reduce CO₂ emissions at scale, laying the foundation for a truly low-carbon future.” 

Scaling Climate Innovation Across Borders

Building on the success of its inaugural program focused on China, CarbonX 2.0 has expanded globally to identify and support promising early-stage climate technologies. The 50 finalists represent a diverse mix of universities, research institutes, and startups working at the forefront of four key areas:

1. Carbon Dioxide Removal (CDR): Supporting pilots in Kenya to accelerate scalable, cost-effective solutions for permanently removing historic CO₂ emissions, with the potential to reduce direct air capture (DAC) costs substantially.

2. Industrial Decarbonization (CCUS for Steel): Advancing breakthrough approaches to reduce lifecycle emissions in steel production with pilots in Serbia. The focus is on developing cost-effective and scalable industrial carbon capture, utilization, and storage (CCUS) solutions for hard-to-abate industries.

3. Carbon Capture and Utilization (CarbonXmade): Transforming captured carbon into chemicals, and ultimately into consumer products. This creates a circular value chain that turns waste into consumer goods, with early market adoption supported by brand premiums in China.

4. Long-Duration Energy Storage (LDES): Providing real-world scenarios in the Maldives to refine and validate emerging technologies, to meet the growing demands of renewable energy expansion – with flow batteries showing strong promise for commercially viable, long-duration storage.

In early 2026, a global panel of multi-disciplinary experts will evaluate and select the winning teams to receive grants and other resources to pilot their technologies in those regions and create measurable impact.

CarbonX Summit 2025: Inspiring Collective Action

The announcement was made at the CarbonX Summit 2025 in Shenzhen, a convening of finalist teams and leaders from business, academia, and policy to explore how innovation ecosystems can accelerate climate action globally. The Summit spotlighted the role of catalytic finance, inclusive deployment, and multilateral collaboration in achieving the Paris Agreement targets. 

“Sustainability can only be achieved through innovation,” said Hao Xu, Head of Climate Innovation at Tencent. “By supporting the world’s brightest climate entrepreneurs, we aim to harness technology as a force for good — addressing one of humanity’s most urgent challenges while creating shared value for future generations.” 

For more information about CarbonX 2.0, please visit the program website.

Appendix: List of Top 50 Finalists of CarbonX Program 2.0

Anomaly detection use case will be demonstrated live with partner Q-KON at AfricaCom 2025

Herndon, VA, 28 October 2025 – ST Engineering iDirect, a global leader in satellite communications, today announced its AI-powered network analytics platform proof of concept that enables operators to anticipate and resolve network issues before they escalate. This underscores how real-time insights, predictive analytics, and anomaly detection are reshaping satellite network operations. 

ST Engineering iDirect’s platform leverages both historical and real-time data—such as weather patterns—to predict throughput, identify anomalies, and drive proactive interventions. By minimizing downtime and maximizing network reliability, it empowers operators to meet customers’ expectations and deliver exceptional service by ensuring uninterrupted connectivity. The platform will help operators cut operating expenses, streamline resource management, and transition from manual to autonomous workflows, driving greater customer satisfaction and operational efficiency.

“Our strategy goes beyond connectivity. We’re developing value-added applications that help our customers run smarter, more resilient operations and create a true competitive edge,” said Sridhar Kuppanna, CTO and SVP of Engineering at ST Engineering iDirect. “By enabling operators to resolve issues early, optimize resources, and boost workforce efficiency, our network analytics platform advances both business outcomes and customer satisfaction.”

The platform was recently validated in a real-world use case. Q-KON, a leading provider of satellite communication solutions in Africa, utilized ST Engineering iDirect’s platform to detect anomalies affecting network performance. The early identification of a recent installation error allowed Q-KON to take corrective action and avoid service degradation, directly improving customer experience and operational performance.

“The insights gained from ST Engineering iDirect’s network analytics platform will be transformative,” said Dr. Dawie De Wet, CEO of Q-KON. “The ability to predict and prevent issues before they impact service will raise our operational standards, ensure reliable connectivity for our customers and enable us to offer advanced service packages.”

Live demonstrations of the platform will be hosted at Stand C63 during AfricaCom 2025, Nov 10-13, 2026. Register today.

*****

Media contact:
Martyn Gettings Tank PR
Email: martyn.gettings@tank.co.uk

Anomaly detection use case will be demonstrated live with partner Q-KON at AfricaCom 2025

Herndon, VA, 28 October 2025 – ST Engineering iDirect, a global leader in satellite communications, today announced its AI-powered network analytics platform proof of concept that enables operators to anticipate and resolve network issues before they escalate. This underscores how real-time insights, predictive analytics, and anomaly detection are reshaping satellite network operations. 

ST Engineering iDirect’s platform leverages both historical and real-time data—such as weather patterns—to predict throughput, identify anomalies, and drive proactive interventions. By minimizing downtime and maximizing network reliability, it empowers operators to meet customers’ expectations and deliver exceptional service by ensuring uninterrupted connectivity. The platform will help operators cut operating expenses, streamline resource management, and transition from manual to autonomous workflows, driving greater customer satisfaction and operational efficiency.

“Our strategy goes beyond connectivity. We’re developing value-added applications that help our customers run smarter, more resilient operations and create a true competitive edge,” said Sridhar Kuppanna, CTO and SVP of Engineering at ST Engineering iDirect. “By enabling operators to resolve issues early, optimize resources, and boost workforce efficiency, our network analytics platform advances both business outcomes and customer satisfaction.”

The platform was recently validated in a real-world use case. Q-KON, a leading provider of satellite communication solutions in Africa, utilized ST Engineering iDirect’s platform to detect anomalies affecting network performance. The early identification of a recent installation error allowed Q-KON to take corrective action and avoid service degradation, directly improving customer experience and operational performance.

“The insights gained from ST Engineering iDirect’s network analytics platform will be transformative,” said Dr. Dawie De Wet, CEO of Q-KON. “The ability to predict and prevent issues before they impact service will raise our operational standards, ensure reliable connectivity for our customers and enable us to offer advanced service packages.”

Live demonstrations of the platform will be hosted at Stand C63 during AfricaCom 2025, Nov 10-13, 2026. Register today.

*****

Media contact:
Martyn Gettings Tank PR
Email: martyn.gettings@tank.co.uk

Toronto, October 29, 2025 – Today, the Catalytic Climate Finance Facility (CC Facility) announced it has awarded USD 870,000 to its new cohort of grantees. The selected projects include the Southeast Asia Blue Innovation Facility (SEA-Fund), the Regenerative Capital Fund (ReCa), and the FTB Green Credit Facility.  

The CC Facility, a partnership between Climate Policy Initiative and Convergence, provides working capital grants of up to USD 500,000 to help scale early-stage financial solutions that mobilize private capital for climate action in developing economies.  

The Facility and its team of experts also provide up to 18 months of tailored technical assistance to address barriers and maximize opportunities to increase the investment pipeline. 

The three vehicles were selected following a rigorous review process from a pool of more than 500 submissions worldwide. Each vehicle addresses investment barriers in Southeast Asia and Sub-Saharan Africa, supporting projects in maritime decarbonization, climate-resilient agriculture, and the clean energy transition. 

“These three vehicles stood out for their rigor, creativity, and strong potential to mobilize private capital for climate impact,” said Joan Larrea, CEO at Convergence. “In an era of diminishing foreign aid, blended finance initiatives like the CC Facility are proving indispensable, by fast-tracking climate solutions that not only deliver impact but also attract the capital needed to sustain it.” 

With support from three anchor donors – The Gates Foundation, Global Affairs Canada, and Australia’s Department of Foreign Affairs and Trade – the CC Facility targets a main obstacle to scaling blended climate finance: the challenging acceleration stage, when promising financial vehicles try to attract investment across diverse markets.  

SELECTED VEHICLES: 

The Southeast Asia Blue Innovation Facility (SEA-Fund) will be structured as a USD 450 million sustainability bond or asset-backed security to finance infrastructure projects with a focus on maritime decarbonization, alongside a USD 50 million venture capital fund dedicated to early-stage ocean and climate-tech startups.  

The Regenerative Capital Fund (ReCa) is a USD 400 million blended equity vehicle that mobilizes institutional investment to scale regenerative agriculture and nature-based solutions across Sub-Saharan Africa through long-term, climate-aligned, and inclusive agrifood investments.

FTB Green Credit Facility is a USD 160 million program offering affordable, long-term loans and guarantees to help Cambodian banks and businesses invest in green projects.  

QUOTES 

“We applied to the CC Facility to accelerate the structuring and launch of the SEA Fund—a blended finance vehicle addressing the maritime decarbonization and climate adaptation gap in Southeast Asia—by leveraging the Facility’s catalytic capital and technical support. We aim to gain catalytic validation, structuring expertise to mobilize concessional and institutional investors, shorten time-to-market, and unlock the first wave of investable projects across the region,” said Vicky Lay, Partner & Head of Impact of Artesian. 

“We applied to the CC Facility to strengthen the ReCa Fund’s impact frameworks, enhance our investor readiness, and build confidence in a scalable blended finance model for regenerative agriculture and climate adaptation across Africa. We hope to gain targeted technical assistance to refine our impact and gender KPIs, and catalytic grant support to accelerate due diligence, capital raising, and the successful launch of the ReCa Platform,” said Duncan Vink, Joint Managing Director of Signature Agri Investments. 

“Our participation in the CC Facility marks a strategic commitment to pioneering the future of green finance in Cambodia. We are honored to collaborate in developing robust financial products and governance frameworks designed to mobilize private capital at scale. Through this Facility’s unique combination of grant funding, expert technical assistance, and a collaborative network, we will launch investable blended-finance models that directly address both climate mitigation and adaptation and improve critical services for Cambodia,” said Dith Sochal, CEO of Foreign Trade Bank of Cambodia. 

ABOUT THE CATALYTIC CLIMATE FINANCE FACILITY 

The Catalytic Climate Finance Facility (CC Facility) is a solution to scale climate finance by filling a market gap in mobilizing private capital. The CC Facility provides a range of services to market-ready blended finance vehicles in developing economies to help them expand their reach. Through grant funding, technical support, and a learning hub, the CC Facility accelerates the implementation of high-impact financial structures while providing resources to the broader ecosystem on how to best catalyze climate finance. The initiative is a partnership between Climate Policy Initiative (CPI) and Convergence. 

MEDIA CONTACTS 

Sijia Yi
Head of Communications
Convergence Blended Finance
sijia.yi@convergence.finance   

Annie Woscoboinik
Communications Associate
Climate Policy Initiative
annie.woscoboinik@cpiglobal.org