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NYSE:AXIA 10 November 2025

Axia Energia debuts AXIA3; court declares Oi bankrupt; Kepler Weber gets R$11 offer — Brazil market wrap (Nov 10)

Axia Energia debuts AXIA3; court declares Oi bankrupt; Kepler Weber gets R$11 offer — Brazil market wrap (Nov 10)

Oi was declared bankrupt by the 7th Business Court of Rio de Janeiro; telecom services will continue temporarily under court supervision as assets are liquidated. Axia Energia began trading under new tickers on B3 and NYSE, with AXIA3 rising 1.84% by mid-morning. Kepler Weber received a non-binding R$11 per share offer from GPT, a 48.3% premium to the 60-day VWAP.

Stock Market Today

  • Bitcoin Hits $59,000 Bottom, Signaling End of Crypto Winter, Says Standard Chartered Analyst
    June 12, 2026, 3:19 PM EDT. Bitcoin has bottomed at around $59,000, marking a 53% decline from its October high and signaling the end of the crypto winter, Standard Chartered analyst Geoffrey Kendrick said. Data from CoinDesk confirms bitcoin hit $59,375 on June 5. Kendrick forecasts bitcoin reaching $100,000 and ether $4,000 by year-end. Key factors include significant bitcoin ETF selling, with over $5.72 billion redeemed since early May, alongside ETF investors reallocating funds to Elon Musk's SpaceX IPO, which debuted on Nasdaq about 26% above its $150 initial price.

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