Xtreme One Entertainment Stock (OTC: XONI)

Latest news for Xtreme One Entertainment (OTC:XONI) Stock

Xtreme One Entertainment Inc is focused on on sports and entertainment event marketing.

XTREME ONE ENTERTAINMENT by Xtreme One Entertainment, Inc.

Xtreme One Entertainment Inc

Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) has rebounded to $102,250 after taking a nosedive on Thursday following <a href="https://www.benzinga.com/economics/macro-economic-events/24/12/42563299/feds-powell-shocks-markets-its-a-new-phase-were-significantly-closer-to-neutral">the FOMC meeting</a>.
What Happened: Bitcoin cratered from above $105,000 before Thursday&#8217;s trading session to a low of $98,839 during U.S. night time hours. 
It has since rebounded and is down 2.5% over the past 24 hours.
Crypto chart analyst Ali Martinez explained in an X <a href="https://x.com/ali_charts/status/1869520970832138261">post</a> following the Fed meeting that the reaction wasn't due to the 25-bps rate cut, which was largely expected, but rather concerns over persistent inflation and the possibility of prolonged elevated interest rates.
Despite the negative sentiment, Martinez advised traders to &#8220;keep calm, don't panic sell,&#8221; emphasizing that markets dislike uncertainty but typically stabilize once clarity emerges.
Coinglass data reveals that total liquidations in the past 24 hours amounted to $788.5 million, with over 269,623 traders liquidated.
Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42554929/donald-trump-reportedly-discussed-bitcoin-reserve-in-meeting-with-cryptocom-ceo-kris-marszalek">Donald Trump Reportedly Discussed Bitcoin Reserve In Meeting With Crypto․com CEO Kris Marszalek</a>
Why It Matters: Fed Chair Jerome Powell added to market jitters by calling the decision a "closer call," hinting at divisions within the Federal Reserve. 
This boosted the U.S. Dollar to its highest level since 2022, putting pressure on risk assets like Bitcoin, which experienced a sharp drop.
In a separate tweet, Martinez highlighted funding rates suggesting leveraged positions:
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Funding rates look like we should go 100x leverage! &#x1f605; <a href="https://t.co/dLyDhlHI37">pic.twitter.com/dLyDhlHI37</a>
&mdash; Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1869699700162482186?ref_src=twsrc%5Etfw">December 19, 2024</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
He also <a href="https://x.com/ali_charts/status/1869651554099499318">noted</a>, &#8220;Binance traders were right; we should have shorted Bitcoin.&#8221; 
Martinez previously noted that 62.6% of Binance traders with open BTC futures positions were going short, aligning with the bearish market sentiment.
Key takeaways from the Fed meeting included the expectation of fewer rate cuts in 2025 (down from three to two), higher inflation forecasts for 2025 (2.5%) and 2026 (2.1%), exceeding the Fed&#8217;s 2% target, and an acknowledgement that inflation metrics like core CPI, core PCE and PPI are ticking up.
Read Next:
<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42560698/microstrategys-aggressive-bitcoin-strategy-raises-eyebrows-in-crypto-community">MicroStrategy&#8217;s Aggressive Bitcoin Strategy Raises Eyebrows In Crypto Community</a></li>
</ul>
Image created using artificial intelligence with Midjourney.

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

News

$BTC

Bitcoin Price Rebounds Above $102,000 After Fed Meeting Calamity: Why Is BTC Going Up?

Biotech

Health Care

General

Altimmune Will Be Added To The Nasdaq Biotechnology Index Effective Prior To The Market Open On December 23, 2024

Creedon joined Dollar Tree in 2022 as Chief Operating Officer and over the past two years has taken on increasing levels of responsibility.
In November 2024, Creedon was appointed Interim Chief Executive Officer, succeeding Rick Dreiling. Creedon has responsibility for leading more than 200,000 associates and more than 16,000 stores across the Dollar Tree and Family Dollar banners.

Management

DLTR

Dollar Tree Appoints Interim CEO Michael C. Creedon As Permanent CEO

Wells Fargo analyst Derek Archila downgrades Viridian Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/VRDN#NASDAQ">VRDN</a>) from Overweight to Equal-Weight and announces $27 price target.

Downgrades

Price Target

Analyst Ratings

VRDN

Wells Fargo Downgrades Viridian Therapeutics to Equal-Weight, Announces $27 Price Target

Northland Capital Markets analyst Tim Savageaux maintains Ribbon Comms (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RBBN#NASDAQ">RBBN</a>) with a Outperform and raises the price target from $5.5 to $6.

RBBN

Northland Capital Markets Maintains Outperform on Ribbon Comms, Raises Price Target to $6

Needham analyst Ryan MacDonald maintains Duolingo (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DUOL#NASDAQ">DUOL</a>) with a Buy and raises the price target from $370 to $385.

DUOL

Needham Maintains Buy on Duolingo, Raises Price Target to $385

All cash offer represents a 58% premium to O3 Mining's closing price on December 11, 2024.&nbsp;
Offer unanimously recommended by Board and Special Committee of O3 Mining and supported by shareholders representing 39% of outstanding shares of O3 Mining.

OIIIF

Agnico Eagle Commences Offer To Acquire All Issued And Outstanding Common Shares Of O3 Mining  For C$1.67 In Cash Per Common Share

<ul>
<li>Open label study designed to evaluate the safety, tolerability, and efficacy of bremelanotide in patients with Type 2 diabetic nephropathy</li>
<li>Demonstrated efficacy at 6 months
<ul>
<li>71% percent of patients achieved a &gt;30% reduction in the urine protein to&nbsp;creatinine ratio (UP/Cr)</li>
<li>71% of patients achieved improved or stabilized estimated&nbsp;glomerular filtration rate (eGFR)</li>
</ul>
</li>
<li>Bremelanotide therapy increased urinary VEGF levels in 37.5% of patients and reduced urinary synaptopodin losses in 36% of patients</li>
</ul>

Palatin Announced Topline Data From BREAKOUT Phase 2b Study Of Bremelanotide In Diabetic Kidney Disease To Assess The Efficacy In Reducing Urinary Protein And Maintaining Podocyte Density And Function

Conagra Brands (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAG#NYSE">CAG</a>) reported quarterly earnings of $0.70 per share which beat the analyst consensus estimate of $0.67 by 4.48 percent. The company reported quarterly sales of $3.195 billion which beat the analyst consensus estimate of $3.149 billion by 1.45 percent. This is a 0.41 percent decrease over sales of $3.208 billion the same period last year.

Earnings

Earnings Beats

Conagra Brands Q2 2025 Adj. EPS $0.70 Beats $0.67 Estimate, Sales $3.195B Beat $3.149B Estimate

Northland Capital Markets analyst Tim Savageaux maintains Adtran Holdings (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ADTN#NASDAQ">ADTN</a>) with a Outperform and raises the price target from $9 to $10.

ADTN

Northland Capital Markets Maintains Outperform on Adtran Holdings, Raises Price Target to $10

FuelCell Energy (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FCEL#NASDAQ">FCEL</a>) reported quarterly losses of $(2.21) per share which missed the analyst consensus estimate of $(1.75) by 26.29 percent. This is a 6.76 percent decrease over losses of $(2.07) per share from the same period last year. The company reported quarterly sales of $49.300 million which beat the analyst consensus estimate of $39.716 million by 24.13 percent. This is a 119.48 percent increase over sales of $22.462 million the same period last year.

Earnings Misses

FCEL

FuelCell Energy Q4 2024 GAAP EPS $(2.21) Misses $(1.75) Estimate, Sales $49.300M Beat $39.716M Estimate

Northland Capital Markets analyst Mike Grondahl maintains Universal Technical (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UTI#NYSE">UTI</a>) with a Outperform and raises the price target from $24 to $30.

Northland Capital Markets Maintains Outperform on Universal Technical, Raises Price Target to $30

Needham analyst James Ricchiuti maintains Montrose Environmental Gr (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MEG#NYSE">MEG</a>) with a Buy and lowers the price target from $44 to $39.

Needham Maintains Buy on Montrose Environmental Gr, Lowers Price Target to $39

Tractors and Farm Equipment Limited is the largest shareholder of AGCO Corporation with a 16.3% long-term, strategic equity stake in the Company.

AGCO

AGCO Shareholder TAFE Calls Company To Address Critical Questions Regarding Strategic Priorities During 2024 Analyst Day

Macro Economic Events

Econ #s

Economics

U.K. Interest Rate Decision For December Unchanged At 4.75%

WIIM

Accenture shares are trading higher after the company reported better-than-expected Q1 financial results and raised FY25 revenue growth outlook.

Northland Capital Markets analyst Mike Grondahl maintains Sezzle (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SEZL#NASDAQ">SEZL</a>) with a Outperform and raises the price target from $300 to $360.

SEZL

Northland Capital Markets Maintains Outperform on Sezzle, Raises Price Target to $360

In addition, IAS is launching its AI-driven Total Media Quality (TMQ) for Kwai product suite to provide advertisers with industry-leading Viewability and Invalid Traffic (IVT) Measurement.

Integral Ad Science Enters Exclusive First-To-Market Content-Level Brand Safety And Suitability Measurement For Advertisers On Kwai For Business

The companies plan to combine their complementary expertise on charge separation (Bio-Techne's MauriceFlex System) and liquid chromatography-mass spectrometry (BioAccord LC-MS System from Waters) to deliver innovative solutions that optimize workflows, improve precision, and accelerate development timelines.

Contracts

TECH

Bio-Techne Announced Co-marketing And Co-Promotion Agreement With Waters Corporation Aimed At Expanding The Reach Of Advanced Biotherapeutic Characterization And Development Processes

HC Wainwright &amp; Co. analyst Raghuram Selvaraju maintains Cognition Therapeutics (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGTX#NASDAQ">CGTX</a>) with a Buy and raises the price target from $5 to $6.

CGTX

HC Wainwright & Co. Maintains Buy on Cognition Therapeutics, Raises Price Target to $6

Xtreme One Entertainment reports Q1 results

Xtreme One Entertainment GAAP EPS of -$0.01, revenue of $87.36M

Xtreme One Entertainment GAAP EPS of -$0.01, revenue of $69.70M

XONI

Sports

Press Releases

XFC Grand Prix II: An Unforgettable MMA Throwdown in Motown

Xtreme One Entertainment Names Former HBO and Warner Brothers Executive Chris Defendis as President

Xtreme One Entertainment Signs Agreement with the U.S. Department of Defense to Broadcast XFC Fights Live on the American Forces Network

Xtreme Fighting Championships Brings MMA Malice to Milwaukee With XFC 51: Evolution

Xtreme One Entertainment Announces Second Quarter 2024 Financial Results Marked by Continued Progress in Live Event Execution and Growth in XFC Brand

Xtreme One Entertainment Launches Shareholder Perks Program in Partnership with TiiCKER

Financing

Xtreme One Entertainment Board Approves Strategic Growth Plan, Announces $10 Million Capital Raise to Accelerate Investment in XFC and other Xtreme One Brands

Xtreme Fighting Championships Announces Innovative NIL Partnership with World-Class College Wrestlers and Combat-Sport Veterans

Xtreme One Entertainment Lets Retail Investors Get into the Fight Game with a $10 million Common Stock Offering to Accelerate its XFC 3-Year Growth Plan

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