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Will BTC Keep Plunging Below $65K? Expert Predictions for February 2026 Recovery

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Bitcoin Price Crash: Will BTC Keep Plunging Below $65K? Expert

Bitcoin has tumbled to its lowest levels since last fall, briefly dipping below $61,000 this week before rebounding slightly to around $64,800 amid a brutal sell-off that has wiped out nearly 50% of its value from October highs. The world’s largest cryptocurrency by market cap — now hovering at $1.29 trillion — faces mounting questions: Is this the bottom, or will BTC keep going down as investor panic deepens?

The dramatic plunge, down 32% over the past 12 months and 44% from its $126,296 peak, has triggered widespread deleveraging, ETF outflows and skepticism about crypto’s post-election rally. Yet historical patterns, improving macro signals and technical rebounds suggest the bleeding may soon stop — though analysts warn of more pain before any sustained recovery.

Bitcoin’s brutal week: From $92K dreams to $60K reality

Bitcoin shed nearly 20% in the past seven days alone, smashing through key support at $70,000 and testing November 2024 lows around $60,001. Thursday’s session saw BTC briefly crater below $61,000 — its steepest single-day drop in months — fueled by $3.48 billion in spot ETF outflows since November and liquidations hitting overcrowded long positions.

Major platforms like Bitstamp clocked lows of $70,002 early Thursday, while Coinbase watched BTC flirt with $60K amid risk-off sentiment spilling from stocks. Ether and XRP suffered worse, amplifying the crypto bloodbath as traditional investors soured on digital assets.

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Deutsche Bank’s Marion Laboure pinned the rout on fading hype: “Traditional investors are losing interest… Bitcoin isn’t trading on narratives anymore; it’s pure liquidity dynamics.” FG Nexus’s Aja Vinovic added that post-ETF euphoria has given way to balance-sheet pressures, with put options now outpacing calls.​

Why Bitcoin is crashing now: ETF flows, macro headwinds

Spot Bitcoin ETFs — once bullish darlings — turned net negative, hemorrhaging $278 million in January alone after $4.57 billion in late-2025 outflows. BlackRock’s IBIT led the exodus, signaling institutional profit-taking after BTC’s 2025 surge.

Macro jitters amplified the slide. Fed hawkishness crushed rate-cut bets, strengthening the dollar and squeezing risk assets. Bitcoin’s correlation with Nasdaq hit 0.85, dragging BTC down as tech stocks wobbled. On-chain data shows new buyer activity stalled since October, with sentiment nearing fear extremes — historically bullish contrarian signals.

Technicals scream oversold: Wedge pattern eyes rebound

Charts paint a mixed but intriguing picture. Bitcoin trades inside an ascending broadening wedge, bouncing from the lower boundary near $60K — a classic reversal setup. Bulls must reclaim $89,241 and $90,000 for bullish confirmation; failure risks $55K tests.

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The 50-day moving average sits at $87,974, with the 200-day at $103,031 — both far above spot price, underscoring the correction’s depth. Yet RSI readings below 30 signal extreme oversold conditions, while February’s historical 14.3% average gains favor upside.

Changelly forecasts BTC climbing to $77,862 by month-end (20% from here), with short-term targets at $71,840 Friday and $77K late February. BeInCrypto eyes $98K on wedge breakout, followed by $95K consolidation.

Historical precedent: 30% drops are BTC’s normal

Pullbacks of 30%+ are routine in Bitcoin cycles. Post-2021 and 2017 peaks, BTC endured multiple 30-50% corrections before resuming uptrends. The current 44% retracement mirrors March 2025’s 32.7% dip and January’s 31.7% slide — “normal volatility,” per CoinDesk’s Jacob Joseph.​

Santiment data confirms: Extreme fear precedes bounces, with current caution levels priming gradual advances. ETF outflow slowdown — from $3.48B (Nov) to $278M (Jan) — hints at stabilization.

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Bull case: ETF rebound, halving tailwinds, macro pivot

Optimists see catalysts ahead. Spot ETF flows could flip positive in February, providing “structural support.” The 2024 halving’s supply shock lingers, with 3.125 BTC block rewards tightening issuance amid rising demand.​

Macro tailwinds beckon: Potential Fed cuts, election-cycle liquidity and Trump’s pro-crypto stance (Bitcoin reserve talk) could ignite FOMO. On-chain metrics show long-term holders accumulating, HODL waves strengthening.​

Price targets cluster at $90K (near-term resistance), $101K (14% historical February gain) and $126K year-high retest.

Bear case: $55K floor, recession risks loom

Pessimists warn of deeper pain. Failure at $70K invites $55K — 2024 lows — with $44K psychological support. Persistent ETF selling, regulatory clouds (SEC vs. Ripple redux?) and equity contagion threaten further slides.​

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Deutsche Bank’s Laboure flags “overall negativity” as traditional capital flees. If Nasdaq cracks, BTC’s 0.85 correlation amplifies downside.​

Expert predictions: Where BTC heads next

Analyst/Firm Short-Term (Feb) Year-End 2026 Key Catalyst
BeInCrypto $98K breakout $120K+ ETF inflows ​
Changelly $77.8K $95K avg Technical rebound ​
CoinDesk Stabilize $80K Cycle peak Halving effects ​
Deutsche Bank $60K risk Bearish Macro caution ​

February averages 14.3% gains historically; current $64.8K base projects $74K end-month.​

What Bitcoin investors should do now

  1. HODL long-term: Corrections precede bull runs; 2021’s 50% drop yielded 3x gains.​
  2. Dollar-cost average: Buy dips below $65K; avoid FOMO at $90K.​
  3. Watch ETF flows: Inflow reversal signals bottom.​
  4. Monitor Fed: Rate cuts ignite risk-on.​
  5. Risk management: Never invest more than 5-10% portfolio.​

Bitcoin’s at a crossroads: capitulation or coil for explosion? History favors the latter, but patience rules. As Vinovic notes, “The bull run narrative evolves — liquidity now drives price.” Tune into macro prints, ETF data and $70K hold for clues. The king of crypto endures — battered, but unbowed.

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GameStop Shares Hold Steady Near $25 Amid Acquisition Speculation and Meme Stock Legacy

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GameStop stock graph is seen in front of the company's logo

GameStop Corp. (NYSE: GME) shares traded in a narrow range around $24.80 in recent sessions, reflecting cautious investor sentiment as the video game retailer navigates ongoing speculation about a major acquisition under CEO Ryan Cohen while maintaining its status as a prominent meme stock.

GameStop stock graph is seen in front of the company's logo

The Grapevine-based company closed at $24.80 on March 9, up 1.76% for the day on volume of more than 7 million shares. In pre-market trading the following session, the stock edged higher to around $24.90. Year-to-date in 2026, GME has gained more than 20%, outperforming many other former meme favorites that have declined sharply. The stock’s 52-week range spans from $19.93 to $35.81, with the high reached in late May 2025.

GameStop’s performance continues to be driven by a mix of retail enthusiasm, short interest dynamics and strategic moves by Cohen, who has transformed the company from a struggling brick-and-mortar chain into one with a stronger balance sheet and growing focus on collectibles and e-commerce. Despite persistent challenges in the core video game retail business, including store closures and shifting consumer habits toward digital downloads, the company has benefited from episodic rallies tied to broader market narratives.

In late January 2026, Cohen purchased an additional 500,000 shares at an average price of about $21.12, boosting his stake to roughly 9.2% or more than 41 million shares including warrants. The buy came five years after the iconic 2021 short squeeze that propelled GameStop into the spotlight, led by retail investors including Keith Gill, known online as Roaring Kitty. Gill has remained largely silent on social media since early 2025, with his last notable post in January of that year featuring cryptic imagery that fueled speculation but no direct commentary on the stock.

Cohen’s recent purchases and earlier buys have signaled confidence to supporters. In another instance earlier in the year, he acquired shares during a dip, reinforcing his alignment with shareholders. His compensation package, approved by the board, ties rewards entirely to performance milestones, including massive stock options that vest only if GameStop achieves significant market capitalization and EBITDA targets starting from early 2026. Analysts note this structure incentivizes transformative growth, potentially through acquisitions.

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Speculation about a “very big” deal has intensified since late January, when reports from The Wall Street Journal and CNBC indicated Cohen was exploring a major acquisition of a publicly traded consumer or retail company. Cohen described the potential move as one that could prove “genius or totally, totally foolish,” highlighting the high-risk nature of such a transaction. Market observers have speculated targets could include platforms in e-commerce or related sectors, though no deal has been announced. The prospect has kept options activity moderately bullish at times, with call volume occasionally spiking on news flow.

GameStop’s most recent earnings, for the fiscal third quarter ended November 2025 and reported in December 2025, showed mixed results. The company posted earnings per share of $0.24, beating consensus estimates of $0.20, but revenue declined 4.6% year-over-year to $821 million, missing expectations. Management highlighted strength in collectibles and trading card categories, offsetting softer hardware and software sales amid industry trends toward digital consumption.

The next earnings report, covering the fiscal fourth quarter, is expected around March 24, 2026, with analysts anticipating EPS around $0.08 to $0.20 based on varying forecasts. Longer-term projections suggest modest improvement, with some estimates pointing to EPS growth in fiscal 2026 driven by cost controls and potential strategic initiatives.

Short interest remains a focal point for many investors. While exact current figures fluctuate, the stock’s history of high short squeezes continues to attract attention from retail traders monitoring platforms like Reddit’s WallStreetBets. However, volatility has moderated compared to the 2021 peaks, with the stock consolidating in the low-to-mid $20s for much of late 2025 and early 2026.

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GameStop has used capital raised during past rallies to bolster its position, including paying down debt and building cash reserves. The company has closed hundreds of underperforming stores in recent years as part of Cohen’s turnaround efforts, shifting emphasis toward profitability over expansion. This strategy has drawn both praise for fiscal discipline and criticism from those concerned about the long-term viability of physical retail in gaming.

Analyst coverage remains limited and generally bearish on fundamentals. Consensus price targets hover around $13.50, implying significant downside from current levels, with ratings often in the sell category. Critics point to declining same-store sales in core categories and competition from digital giants. Supporters counter that Cohen’s vision, combined with a war chest from equity raises, positions GameStop for reinvention—potentially beyond traditional retail.

Options trading has shown periodic bursts of bullish sentiment, particularly around acquisition rumors, though overall activity has been moderate in recent weeks. The stock’s beta indicates it moves independently of broader market trends at times, underscoring its meme-driven characteristics.

As GameStop approaches its next earnings and potential updates on strategic plans, investors continue watching for signs of progress on Cohen’s ambitions. Whether through organic growth, collectibles expansion or a transformative deal, the company’s path remains one of the market’s more unpredictable stories. With retail interest enduring and short dynamics in play, GME retains its ability to generate headlines and price swings.

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For now, the stock trades in a relatively stable band, a far cry from its explosive past but still elevated relative to traditional valuation metrics. Market capitalization stands near $11 billion, reflecting a premium driven by narrative over near-term earnings power.

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Tangela Q. Parker Reflects on Career Lessons from Healthcare Leadership

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Tangela Q. Parker Reflects on Career Lessons from Healthcare Leadership

Tangela Q. Parker is an Atlanta-based marketing and corporate affairs executive with more than two decades of experience working at the intersection of healthcare, public policy, and institutional reputation.

Her career has focused on helping large organisations communicate clearly during complex and highly scrutinised moments.

Parker grew up in Brandon, Mississippi, in a family that valued discipline, service, and education. Her father balanced federal work with running a small business, while her mother was both an educator and a daycare owner. Those early influences shaped Parker’s sense of responsibility and her interest in leadership.

She graduated with honours from Brandon High School and earned a full scholarship to Alcorn State University, where she studied political science. Later in her career, she continued her leadership development through executive education at Harvard Business School.

Over the past twenty years, Parker has held senior leadership roles with several major healthcare organisations, including CVS Health, Centene Corporation, WellCare, UnitedHealthcare, and Humana. Her work has focused on enterprise communications, crisis management, marketing strategy, and stakeholder engagement in highly regulated environments.

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Most recently, Parker served as Senior Vice President of External Affairs at Planned Parenthood Southeast, where she oversaw marketing, communications, development, advocacy, and community engagement across multiple states.

Known for her calm and disciplined leadership style, Parker specialises in helping institutions navigate moments where credibility and public trust are at stake.

She often describes leadership in simple terms.

“Credibility is the currency,” Parker has said. “Once it’s compromised, everything else becomes harder.”

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Today, Parker remains active in civic and professional organisations in Atlanta while continuing to contribute to conversations about healthcare, leadership, and institutional trust.

Tangela Q. Parker on Leadership, Trust, and Healthcare Communications

Q: Let’s start at the beginning. What was your early life like growing up in Mississippi?

I grew up in Brandon, Mississippi, in a family that valued discipline and service. My father worked for the federal government and also ran an HVAC business. My mother was an educator who later owned childcare facilities. Watching them manage responsibility from two different directions shaped how I think about work.

Our home emphasised education, accountability, and showing up for people. Church and community life were also part of that environment. Those experiences gave me an early understanding that leadership is really about responsibility.

Q: How did those early experiences influence your career path?

They made me pay attention to institutions. I saw how systems work and how people depend on them. That curiosity eventually led me to study political science at Alcorn State University.

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I graduated with a full scholarship, which was an important opportunity for me. College helped me understand how public policy, healthcare, and communications interact. That combination later shaped my career.

Q: Your career has spanned several large healthcare organisations. How did you enter that field?

Healthcare communications sits at the centre of policy, regulation, and public trust. I found that intersection fascinating.

Over time, I worked with organisations such as CVS Health, Centene Corporation, WellCare Health Plans, UnitedHealthcare, and Humana. My roles focused on enterprise communications, marketing strategy, crisis response, community engagement, and stakeholder engagement.

Healthcare is one of the most regulated industries in the country. Communication decisions can have real consequences. That environment teaches you to move carefully and think several steps ahead.

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Q: You’ve spoken about the importance of judgment in leadership. Why does that matter so much?

You can teach tactics. You can hire people with technical skills. What you cannot easily teach is judgment.

Good judgment means understanding when to move and when to pause. It also means recognising the long-term consequences of a decision.

“In healthcare and corporate affairs, credibility is the currency,” I often say. Once credibility is damaged, rebuilding it takes a long time.

Q: Earlier in your career, was there a moment that changed how you approached leadership?

Yes. I once lost control of a major initiative because I relied on verbal agreement in a meeting.

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Everyone supported the plan at first. But when outside pressure appeared, that support disappeared. I found myself defending a decision that the group had originally shared.

That experience taught me something important. Alignment is not what people say in a meeting. Alignment is what people are willing to stand behind when things become uncomfortable.

After that, I began documenting governance more clearly. Decision rights, ownership, and accountability were written down before work began.

Q: You later served as Senior Vice President of External Affairs at a large non profit. What did that role involve?

The role involved overseeing marketing, communications, governmental affairs, advocacy, and community engagement across several states.

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It required balancing organisational priorities with public expectations. Healthcare organisations operate under intense scrutiny, so leadership has to remain disciplined and measured.

My responsibility was often to help executives navigate complex situations involving reputation and trust.

Q: Leadership positions often involve high pressure. How do you manage that environment?

Pressure is part of senior leadership. The key is separating urgency from importance.

When doubt appears, I don’t treat it as a weakness. I treat it as a signal to get sharper. I focus on facts, context, and consequences.

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Emotion can distort judgement quickly. Discipline helps prevent that.

Q: Outside of work, what keeps you grounded?

Community and service are important to me. I remain involved in organisations such as the Junior League of Atlanta and Alpha Kappa Alpha Sorority.Additionally, I am a member of several philanthropic boards that give back to the community.

Family has also shaped how I approach leadership. My grandmother, Willette Carter, was a major influence in my life. She showed up for every milestone in our family. That consistency left a strong impression on me.

She taught me that you can lead with clarity and still lead with empathy.

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Q: How do you personally measure success today?

I measure success by durability.

Did the decision strengthen the institution? Did it protect trust when pressure increased?

Outcomes matter, but they only matter if they hold up over time.

Leadership is not just about what works today. It’s about what still works five years from now.

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Calls grow for Reeves to ditch fuel tax hike over Iran

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Calls grow for Reeves to ditch fuel tax hike over Iran

Reform UK has set out further detail of how it would cover the cost of scrapping September’s planned rise.

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General Mills names supply-chain leader

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General Mills names supply-chain leader

Jonathan Ness had served as interim chief supply chain officer since January.

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Full Solutions and Expert Breakdown for Puzzle #1003

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Nancy Guthrie

The New York Times Connections puzzle for March 10, 2026, delivered another clever mix of wordplay and misdirection, leaving players across the globe hunting for the four hidden categories among 16 seemingly unrelated terms. Puzzle #1003, released at midnight Eastern time, has already been solved by more than 650,000 players as of early March 11, according to New York Times tracking data, with an average solve time of 4 minutes 32 seconds — slightly above the monthly average.

The New York Times Connections
The New York Times Connections

For those still puzzling over yesterday’s grid or looking for a complete recap, here are the official answers and a detailed analysis of why each group fits. The puzzle proved moderately challenging, with the purple category tripping up even veteran solvers.

The 16 words in the March 10 grid were:
MASS, GRAM, DUKE, TOAST, BROWN, UNC, WASH, SOCK, PENN, ROAST, POP, BOX, SLUG, SEAR, MISS, CUZ.

**Yellow (easiest): Cook with dry heat**
BROWN, ROAST, SEAR, TOAST

This straightforward category rewarded players who spotted culinary techniques that use high heat without liquid. “Brown” refers to the Maillard reaction that gives meats and breads color; “roast” describes oven-cooked dishes; “sear” is the quick high-heat method for steaks; and “toast” applies to bread or the celebratory verb. Multiple cooking sites and past Connections puzzles have featured similar food-prep groupings, making this the most accessible entry point for casual players.

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**Green: Familial nicknames**
CUZ, GRAM, POP, UNC

A warm, relatable set that played on affectionate shortenings for family members. “Cuz” for cousin, “Gram” for grandmother, “Pop” for grandfather or dad, and “Unc” for uncle. Solvers familiar with Southern or urban family slang caught this quickly, though some initially grouped “Pop” with soda references before the familial theme emerged. The New York Times editors have increasingly leaned into everyday language in recent weeks, and this group reflected that trend.

**Blue: U.S. state abbreviations**
MASS, MISS, PENN, WASH

Geography-minded players recognized these as standard two-letter postal codes: Massachusetts (MASS), Mississippi (MISS), Pennsylvania (PENN) and Washington (WASH). The category was hidden in plain sight but required ignoring more obvious state nicknames. It marked the second time in March that Connections featured postal abbreviations, following a similar blue group on March 3.

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**Purple (hardest): Punch**
BOX, DUKE, SLUG, SOCK

The trickiest category demanded lateral thinking. All four words are synonyms for “punch” in the boxing or fighting sense: to “box” someone, “duke” it out, “slug” a person, or “sock” them in the jaw. The double meaning of “duke” (both the noble title and the verb) and “sock” (both footwear and the action) created the classic Connections misdirection. Only 38% of players found this group on their first attempt, according to Times analytics, making it the toughest purple category of the young month.

Players who nailed the solve in under three minutes praised the balance between accessible and brain-bending connections. On social platforms, the hashtag #Connections1003 trended briefly overnight, with users sharing screenshots of perfect streaks and commiserating over the purple punch line. One viral post from a Boston-based solver noted the satisfaction of linking the state abbreviations after first mistaking MASS for a church service.

The Connections game, created by associate puzzle editor Wyna Liu and launched in June 2023, continues to grow in popularity. Daily play now exceeds one million users on weekdays, up 12% from the same period last year, according to New York Times spokesperson Danielle Rhoades Ha. The March 10 edition continued a streak of food-and-family themes that have dominated early 2026 puzzles, a deliberate shift Liu has described in interviews as an effort to keep the game approachable while still challenging.

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For those keeping score at home, yesterday’s puzzle maintained the standard difficulty curve: yellow first, then green, blue and the elusive purple. Perfect scores — solving all four categories without mistakes — were achieved by roughly 41% of participants, slightly below February’s monthly average of 44%. Streaks remain a major draw; one player in Seattle reported a 187-day streak intact after cracking #1003 on the third try.

Connections experts recommend a consistent strategy that helped many yesterday: scan for obvious pairs first (such as the cooking verbs), then look for proper nouns or abbreviations that stand alone. Ignoring surface-level themes like “things you wear” (which could have wrongly pulled SOCK and BOX) proved crucial. The purple category’s boxing theme also served as a reminder that Connections frequently uses verbs with multiple definitions.

Looking ahead, the March 11, 2026, puzzle is already generating early buzz for what insiders describe as an unusually high number of proper names. New York Times editors have not commented on difficulty, but community forums suggest it may rival yesterday’s purple challenge.

The enduring appeal of Connections lies in its simplicity and social sharing. Unlike crosswords that can intimidate beginners, the game requires only vocabulary and pattern recognition. Families play together across generations, and corporate teams have turned daily solves into virtual water-cooler moments. Yesterday’s solution, with its mix of kitchen terms, family shorthand, state codes and fighting words, perfectly captured that broad appeal.

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For players who missed the March 10 grid or want to revisit it, the New York Times archive remains available to subscribers. The official answers above are confirmed directly from the Times puzzle database. Whether you solved it in two minutes or needed all four mistakes, Puzzle #1003 delivered the satisfying “aha” moment that keeps millions returning each day.

As the Connections phenomenon enters its fourth year, yesterday’s edition reinforced why the game has become a morning ritual for so many. Simple on the surface, fiendishly clever underneath — just like the best word games always are.

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ExxonMobil seeks to move corporate registration from New Jersey to Texas

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ExxonMobil seeks to move corporate registration from New Jersey to Texas

Oil giant ExxonMobil announced it intends to drop its New Jersey corporate registration and redomicile in Texas, citing the Lone Star State’s business-friendly legal environment and after years of shareholder and climate-related legal battles.

The company on Tuesday said its board of directors unanimously recommended shareholders approve changing the company’s legal domicile from New Jersey to Texas, saying aligning ExxonMobil’s legal home with where its leadership and core operations have been based since 1989 will benefit shareholders.

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“Over the past several years, Texas has made a noticeable effort to embrace the business community. In doing so, it has created a policy and regulatory environment that can allow the company to maximize shareholder value,” Darren Woods, ExxonMobil chairman and chief executive officer, said in a statement.

TRUMP MAY KEEP EXXONMOBIL OUT OF VENEZUELA AFTER CEO COMMENTS: ‘I DIDN’T LIKE THEIR RESPONSE’

ExxonMobil gas station signs

ExxonMobil plans to redomicile from New Jersey to Texas, citing the state’s business-friendly legal environment and modernized corporate statutes. An ExxonMobil gas station on Saturday, Oct. 25, 2025, in Los Angeles. (Eric Thayer / Los Angeles Times via Getty Images / Getty Images)

“Aligning our legal home with our operating home, in a state that understands our business and has a stake in the company’s success, is important,” Woods said.

If approved by shareholders, Exxon would become the latest high-profile company — including SpaceX, Tesla and Coinbase — to register in Texas as the state markets itself as a corporate-friendly alternative to traditional incorporation hubs.

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In recommending the move, Exxon said its board considered Texas’ legal and regulatory environment, including its modernized business statutes and the Texas Business Court, which is designed to resolve complex disputes efficiently. When corporate decisions are challenged, Texas courts are required to apply clear, statute-based standards, the company said.

The move comes after years of high-profile clashes with activist investors and climate-focused shareholder campaigns.

New Jersey officials sued Exxon, Chevron and other fossil-fuel companies in 2022, alleging they contributed to climate change and forced the state to spend billions cleaning up after major natural disasters such as Superstorm Sandy and Hurricane Ida. The suit was dismissed last year.

Exxon has also faced years of high-profile clashes with activist investors and climate-focused shareholder campaigns.

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EXXON TO SLASH THOUSANDS OF JOBS IN MAJOR CORPORATE OVERHAUL AND COMPREHENSIVE RESTRUCTURING PLAN

Darren Woods, Chairman CEO of Exxon Mobil

Darren Woods, ExxonMobil chairman and chief executive officer, said aligning the company’s legal home with its operating base in Texas was important because the state understands Exxon’s business and has a vested interest in its success. (REUTERS/Brendan McDermid/File Photo / Reuters Photos)

In 2021, activist hedge fund Engine No. 1 won three seats on Exxon’s board in a proxy fight centered on the company’s climate strategy. Exxon later sued activist investors in 2024 over climate-related shareholder proposals, arguing they were attempting to abuse SEC rules governing proxy resolutions. The company has repeatedly pushed back against shareholder proposals seeking stricter climate disclosures, emissions targets and changes to its long-term fossil fuel strategy.

Exxon said the proposed redomiciliation will not affect business operations, management, strategy, assets or employee locations.

Around 30% of ExxonMobil’s global employees are located in Texas, while approximately 75% of its U.S. workforce is based there.

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ExxonMobil’s legal domicile change will also not reduce shareholder rights, the company said, noting that the board determined that shareholder rights under Texas law are largely comparable to those under New Jersey law, and in some areas, stronger.

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ExxonMobil headquarters campus in Spring, Texas, with red sculpture in front of office building.

People walk past a red sculpture on the campus of ExxonMobil headquarters in Spring, Texas, on March 28, 2023. (Melissa Phillip/Houston Chronicle via Getty Images / Getty Images)

ExxonMobil said it has no plans to adopt elective provisions under Texas law that would diminish shareholder rights currently in place.

ExxonMobil’s connection to New Jersey is largely historical, dating back to the 1882 incorporation of Standard Oil of New Jersey. The company’s board has not held a meeting in New Jersey for more than 40 years.

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Reuters contributed to this report.

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Meta buys Moltbook as tech giants race for AI talent – Axios

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Meta buys Moltbook as tech giants race for AI talent – Axios

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Building the next Poppi

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Building the next Poppi

Consumers have specific expectations of disruptor beverage brands.

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Sell Your Property Quickly Using Reliable Cash Purchase Agreements

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Asking prices for homes in the UK dropped sharply in November, with the average price of newly listed properties falling 1.4 per cent to £366,592, according to Rightmove.

Selling a home often feels like a long race with no finish line in sight. Traditional buyers might back out or struggle with funding.

This creates a lot of stress for anyone needing to move fast. Cash purchase agreements offer a different path for homeowners.

These deals focus on speed and certainty instead of waiting months for a bank. Understanding how these agreements work can help you regain control of your timeline.

Speed Of Cash Sales

The traditional market often moves at a snail’s pace. Many homeowners look for services like We Buy Any House to get a faster result than they would elsewhere. This bypasses the typical delays found with traditional estate agents.

You can get an offer within 24 hours of starting the process. This is a huge benefit if you have a new job or a family emergency.

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Selling a house the old way involves cleaning every room for strangers. Cash deals stop this cycle immediately. You deal with one buyer who is ready to move on your schedule.

Simplification Of The Sales Contract

A standard sales contract is filled with complex terms regarding bank approvals. A government guide on real estate transactions explains that contracts usually must specify how a buyer will fund the house if cash is not involved.

Removing this requirement makes the paperwork much shorter. It means fewer chances for the deal to fall through at the last minute.

Lawyers do not have to wait for mortgage offers to arrive in the post. The focus stays on the title transfer and the actual payment.

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Why Sellers Choose Cash Deals

Most people selling a property want the highest level of security possible. An educational site for legal studies mentions that sellers typically have a strong preference for buyers who can complete a transaction without loans.

This preference exists since cash is ready to move immediately. You do not have to worry about a buyer losing their job or a bank changing its mind.

Chains are a common problem where one person’s delay stops 5 other sales. Cash buyers are not part of a chain. This provides a level of peace that a mortgage buyer cannot offer.

Condition Of The Property

One major hurdle in a normal sale is fixing up the house to impress picky buyers. You might spend thousands on paint just to get an offer.

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A civil engineering article highlights that cash buyers are often willing to take a property in its current state, regardless of the location.

This is perfect for houses that need a lot of work. Normal buyers often get scared away by damp or old wiring. Cash firms see the potential and buy the property as it stands today.

Avoiding Mortgage Complications

The mortgage process is the primary reason why property sales take 3 or 4 months. Banks require inspections, valuations, and deep financial checks on the buyer.

  • Valuation gaps can ruin a deal when a bank thinks the house is worth less than the price.
  • Surveys might uncover small issues that stop a loan from being granted.
  • Interest rate changes can make a buyer ineligible for the amount they need.

Wait times for mortgage valuations can stretch for weeks. Sometimes the surveyor finds a small crack, and the bank pulls the entire offer. Cash deals avoid this drama entirely. The buyer makes their own assessment and sticks to it.

Certainty In A Changing Market

The real estate market fluctuates based on many economic factors. Waiting 6 months to find a buyer could mean selling for a lower price if the economy dips.

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A cash agreement locks in a price today. This provides a clear budget for your next move or investment. You can plan your future with 100% confidence.

Inflation and rising interest rates make traditional buyers very nervous. They might ask for price drops right before the exchange of contracts. Cash buyers offer a fixed price that does not change based on news headlines.

Reducing The Costs Of Selling

Selling a home is expensive when you count all the fees. Estate agents often take 1% or 2% of the total sale price.

You too have to pay for marketing and professional photos. These costs add up to thousands of dollars that come out of your pocket.

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A cash purchase agreement often includes the buyer covering the legal fees. You do not have to pay for a “For Sale” sign or online listings. The price you see is the amount you keep.

Choosing a cash purchase agreement is a practical choice for many modern sellers. It removes the guesswork and the long waiting periods. You get to skip the endless cleaning for viewings and the worry of broken chains.

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Ryan Serhant of ‘Owning Manhattan’ leans into commercial real estate

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Ryan Serhant of 'Owning Manhattan' leans into commercial real estate

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