Blockonomi

TLDR:

Ondo Global Markets filed confidential SEC registration, first for transferable tokenized stocks globally. 

Platform surpassed $500M total value locked and $10B cumulative trading volume in under six months. 

Ondo supports all three major tokenization models with full SEC-registered infrastructure in the U.S. 

SEC filing enables rapid global market expansion when regulatory conditions become favorable worldwide.

 

Ondo Global Markets has confidentially submitted a registration statement to the U.S. Securities and Exchange Commission.

The filing represents a major development in the tokenized securities sector. Once effective, the company will become the first issuer of transferable tokenized stocks subject to SEC reporting requirements.

The move aims to provide comprehensive disclosures meeting regulatory standards for all global investors.

SEC Filing Sets New Disclosure Standard

The registration statement filed by Ondo Global Markets will provide detailed issuer-level information to investors worldwide.

SEC filing requirements are widely recognized as the global benchmark for securities disclosure. The company voluntarily chose to meet these stringent standards.

This decision ensures that all investors in Ondo Global Markets products receive equal access to high-quality information.

The filing supports the free exchange of tokenized products onchain within legal boundaries. Transparency remains central to the platform’s regulatory approach.

Once the confidential filing becomes effective, Ondo Global Markets will be positioned to enter new markets rapidly.

The company can support primary and secondary market trading of tokenized securities globally. This expansion depends on favorable regulatory and market conditions in each jurisdiction.

Peter Curley, Head of Global Regulatory Affairs at Ondo Finance, commented on the development. “This confidential filing marks a pivotal moment in the global expansion of tokenized securities markets,” he stated.

“Setting this new disclosure standard for tokenized securities like the Ondo Global Markets products means there are really no barriers to offering the primary and secondary market trading of those products anywhere in the world when regulatory and market conditions are favorable. We’ve built the infrastructure, proven global demand, and are uniquely positioned to support every major model of securities tokenization — all within a fully compliant framework.”

Platform Growth and Infrastructure Capabilities

Ondo Global Markets has emerged as the largest tokenized equities platform globally in under six months. The platform has surpassed $500 million in total value locked. This amount exceeds the combined TVL of all other competing platforms.

Trading activity on the platform has generated over $10 billion in cumulative volume. Tens of thousands of asset holders outside the United States have participated.

The platform already operates with an approved base prospectus for public offerings across the European Union and European Economic Area.

Ondo Finance has built comprehensive regulatory infrastructure to support securities tokenization in the United States.

The company operates an SEC-registered transfer agent, broker-dealer, investment adviser, and alternative trading system. These licenses enable the platform to tokenize corporate equities and funds while ensuring regulatory compliance.

The platform supports all three major tokenization models within the United States. These include direct ownership of traditional securities in tokenized form, tokenized beneficial ownership, and digitally-native tokenized securities.

No other platform has built comparable infrastructure to support every approach. This positions Ondo Finance uniquely in the evolving tokenized securities landscape as markets continue to develop.

The post Ondo Global Markets Files SEC Registration as First Tokenized Stock Issuer appeared first on Blockonomi.

TLDR

Grayscale’s research indicates that Bitcoin’s price movements are increasingly aligned with high-risk growth assets rather than gold.

Bitcoin has developed a strong correlation with software stocks, especially since early 2024, signaling a shift in its market behavior.

Grayscale points out that Bitcoin’s recent price declines reflect its deeper integration into traditional financial markets.

Bitcoin’s failure to act as a safe-haven asset should be seen as part of its ongoing evolution rather than a setback.

Grayscale acknowledges Bitcoin’s long-term potential as a store of value but notes it is unlikely to replace gold in the short term.

Grayscale’s latest research reveals that Bitcoin’s price movements are increasingly mirroring those of high-risk growth assets rather than a safe haven. Despite its long-standing position as “digital gold,” the cryptocurrency’s behavior has shown closer correlation with software stocks than traditional precious metals. Grayscale’s findings suggest that Bitcoin is becoming more integrated into traditional financial markets, making it more sensitive to equities.

Bitcoin No Longer Correlated with Gold

Grayscale’s report, authored by Zach Pandl, points out that Bitcoin’s recent market behavior is far from that of gold or other precious metals. The analysis notes that Bitcoin’s price movements have failed to align with those of bullion or silver, which have seen record rallies recently. Instead, Bitcoin is increasingly tracking software stocks, particularly since early 2024, a trend not seen in the past.

This change comes amid growing concerns in the software sector about artificial intelligence’s potential to disrupt or even obsolete many services. As a result, Bitcoin’s correlation with this sector signals a shift away from its traditional role as a safe haven, highlighting its increasing connection with growth assets. Pandl emphasized, “Bitcoin’s short-term price movements have not been tightly correlated with gold or other precious metals,” indicating a change in its market behavior.

Bitcoin’s Growing Sensitivity to Equities

The growing sensitivity of Bitcoin to equities reflects deeper integration into traditional financial markets. Grayscale attributes this shift to increased institutional participation, including exchange-traded fund activity and changing macroeconomic risk sentiment. Bitcoin’s exposure to the stock market has intensified as more institutional investors and retail traders view it as a growth asset.

Bitcoin’s recent price decline, which saw a nearly 50% drop from its October 2025 peak of $126,000, highlights its volatility. This downturn, driven by several waves of selling starting in October 2025 and continuing into 2026, underscores its sensitivity to broader market forces. Furthermore, Grayscale mentions that “motivated US sellers” have contributed to Bitcoin’s recent price discounts, especially on platforms like Coinbase.

Grayscale remains optimistic about Bitcoin’s long-term potential, viewing it as a store of value due to its fixed supply and independence from central banks. Pandl notes that it would be unrealistic to expect Bitcoin to replace gold as a monetary asset in the short term, given gold’s historical role in the global economy. However, as the world becomes more digitized, Bitcoin could evolve in this direction over time, especially as the global economy embraces tokenized markets.

The post Grayscale: Bitcoin Shifts from ‘Digital Gold’ to Growth Asset appeared first on Blockonomi.

TLDR

Coinbase’s Base app is shifting from a social-driven platform to a trading-focused experience.

The creator rewards program, which has distributed over $450,000, will end on February 15.

Base app will replace the Farcaster-powered “Talk” feed with a new feed focused on onchain activity.

Base’s founder Jesse Pollak emphasized that the app must prioritize trading to meet user demands for high-quality assets.

Coinbase plans to expand the app’s asset offerings to support more onchain activities and attract retail traders.

Coinbase’s Base app has announced a major strategic change, moving from a social-centric ecosystem to a trading-first platform. The update includes the termination of its creator rewards program and the Farcaster-powered “Talk” feed. These changes are set to reshape the app’s focus on tradable assets, aligning with Coinbase’s broader business goals.

Base App Phases Out Social Features and Creator Rewards Program

Coinbase’s Base app will discontinue its creator rewards program on February 15, with final payouts to be made by February 18. The program has distributed over $450,000 to more than 17,000 creators over the last six months, averaging $26 per creator. Despite this success, the platform announced that it will shift its focus to offering a better trading experience for users.

We're making the Base app the best place to trade onchain. 

Starting today, the feed will focus entirely on tradable assets. This means we're removing the Talk feed in favor of a feed of onchain activity.

As part of this shift, we're also sunsetting Creator Rewards. In the last…

— Base App (@baseapp) February 9, 2026

As part of this transformation, the Farcaster-powered “Talk” feed will be replaced with a new feed focused solely on onchain activity. This move aligns with Base’s goal of prioritizing tradable assets and creating a platform centered around trading rather than social interactions. Coinbase stated that the changes reflect the evolving needs of their user base.

Coinbase’s Founder Advocates for Trading-Focused App

Jesse Pollak, Base’s founder, confirmed the platform’s pivot, explaining that the decision to drop social features was rooted in the need to focus on trading. Pollak emphasized that the app had to prioritize one primary function trading. He noted that the app’s initial focus on social features was too closely tied to Web2 experiences, which did not meet the demands for trading high-quality assets.

Pollak acknowledged that the integration of Farcaster was initially a driving force behind the app’s design. However, as the platform evolved, it became clear that the focus needed to shift. “We need to do less, better,” Pollak stated. He assured that Farcaster’s builders would continue to receive support outside of Base’s app.

Expanding Trading Experience for Onchain Economy

Coinbase CEO Brian Armstrong echoed Pollak’s sentiments, emphasizing that the app would now focus on serving retail investors and traders. Armstrong also revealed that Base would expand its asset offerings to support everyone building on the Base network. The changes aim to make trading more accessible and attractive to users, with new features like copy trading, leaderboards, and feed trading to be added in the coming months.

In its initial launch last year, the Base app was designed as part of Coinbase’s “Everything App” strategy, which integrated social networking, messaging, and payments with onchain activities. However, after gathering user feedback, the platform shifted its focus to delivering a more robust trading experience that could drive capital markets onchain.

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TLDR

Michael Saylor dismissed concerns that Strategy might sell its bitcoin holdings due to price fluctuations.

Saylor emphasized that the strategy’s financial position ensures it will continue buying bitcoin.

The company recently purchased 1,142 bitcoins for $90 million, bringing its total holdings to 714,644 coins.

Strategy’s average cost per bitcoin is $76,056, well above the current price of around $69,000.

Despite recent losses, Saylor expressed confidence in bitcoin’s long-term performance and the Strategy’s investment strategy.

Michael Saylor, chairman of Strategy, has dismissed concerns that the company might be forced to sell its bitcoin holdings amid the cryptocurrency’s fluctuating prices. He reassured investors during a CNBC interview, emphasizing that the company remains committed to buying bitcoin, despite the recent price decline. Saylor clarified that Strategy’s financial position and long-term strategy do not necessitate the sale of its bitcoin assets.

Saylor Addresses Bitcoin Concerns

Saylor explained that worries about the company selling bitcoin are “unfounded.” He pointed out that Strategy’s net leverage ratio is half of what is typical for investment-grade companies, ensuring its stability.

“We’ve got 50 years’ worth of dividends and bitcoin,” Saylor said. “We’ve got two and a half years’ worth of dividends just in cash on our balance sheet.”

Michael Saylor downplays Strategy credit risk as bitcoin tumbles: 'We'll refinance the debt' https://t.co/jLGgY5TqNW

— CNBC (@CNBC) February 10, 2026

He further assured that the company would continue to purchase Bitcoin. “We’re not going to be selling, we’re going to be buying bitcoin,” he stated, adding that he expects the company to buy bitcoin every quarter for the foreseeable future.

Last week, Strategy added 1,142 bitcoins to its holdings, totaling roughly $90 million. The coins were purchased at an average price of $78,815 each, bringing the company’s total bitcoin holdings to 714,644 coins. The total investment in bitcoin now stands at approximately $54.35 billion, with an average cost of $76,056 per bitcoin.

Despite bitcoin’s recent price dip, which has seen it trading around $69,000, Strategy is not planning to sell its holdings. Saylor emphasized that the volatility of bitcoin is part of its nature and that it has outperformed traditional assets such as gold, equity, and real estate.

Financial Performance and Strategy’s Long-Term Outlook

Strategy reported a fourth-quarter operating loss of $17.4 billion, largely due to non-cash mark-to-market accounting related to bitcoin’s price drop. The company’s net loss for the period stood at $12.6 billion. Despite these results, Saylor remains confident in the company’s long-term strategy, which focuses on bitcoin and its digital credit business.

Saylor declined to make short-term bitcoin price predictions but expressed optimism about its long-term performance. He stated that he believes bitcoin will outperform the S&P 500 over the next four to eight years. This aligns with Strategy’s broader vision of maintaining a long-term approach to its bitcoin investments, unaffected by short-term market movements.

Shares of Strategy have experienced a decline, with the company’s stock down 3% on Tuesday, contributing to a year-to-date drop of 15%. Over the past year, the company’s shares have fallen by 60%. However, Saylor’s confidence in the company’s strategy remains unchanged, and he continues to prioritize bitcoin as a core asset.

The post Michael Saylor Reassures Investors: Strategy Will Continue Buying Bitcoin appeared first on Blockonomi.

TLDR

MSFT stock rose by 3.1% on February 10, contributing to a broader tech rally that boosted the Nasdaq and S&P 500.

The tech sector’s rebound helped improve risk sentiment after a week of market selloffs.

Strong fundamentals, including a net margin of 39.0% and a return on equity of 33.6%, continue to support MSFT stock.

The valuation of MSFT stock is solid, with a trailing P/E ratio of 25.8 and a dividend yield of 0.82%.

Short-term technical indicators for MSFT stock show mixed signals, with the stock below its 50-day and 200-day moving averages.

MSFT stock rose by 3.1% on February 10, contributing to a broader tech rally that boosted the Nasdaq and S&P 500. This upward movement followed a week of selloffs, helping improve risk sentiment in global markets. The rally was driven by strong performance from US megacaps, particularly in the tech sector, with Microsoft leading the way.

MSFT Stock Powers Tech Rally

On February 10, MSFT stock surged by 3.1%, playing a crucial role in the tech sector’s rebound. This rally helped push the Nasdaq up by 0.9%, signaling that buyers were returning to growth stocks after recent market weaknesses. The S&P 500 also benefited from the gains in major tech stocks, pointing to broader market participation in the recovery.

The improved risk sentiment was also reflected in other global equity markets. The increase in MSFT stock today was part of a larger trend across tech shares, suggesting that investors are regaining confidence after the previous week’s market slump. As major benchmarks saw upward movements, the broader outlook for risk assets seemed more positive.

MSFT stock remains a solid performer, backed by strong profitability and low leverage. The company boasts a net margin of 39.0% and a return on equity of 33.6%, reflecting its ability to generate substantial profits. With a debt-to-equity ratio of 0.15, Microsoft maintains a conservative balance sheet, making it an attractive choice for investors seeking stability.

The valuation of MSFT stock remains strong, with a trailing P/E ratio of around 25.8 and a dividend yield of 0.82%. While these figures indicate a high-quality profile, they also suggest that the market expects continued growth from Microsoft’s cloud and AI initiatives. Investors will likely keep a close eye on upcoming earnings reports to assess whether the company can maintain its momentum.

Technicals Show Mixed Signals for MSFT

Short-term technical indicators for MSFT stock present a mixed picture. The RSI sits near 45, showing that the stock is neither overbought nor oversold. While the MACD histogram has turned slightly positive, the ADX at 18 indicates that the stock is not currently trending strongly in either direction.

Moreover, MSFT stock remains below both its 50-day and 200-day moving averages, suggesting the need for further confirmation before a sustained rally. The technical outlook suggests that, while there has been a bounce, more time is needed to determine if the tech sector’s recovery can endure.

As investors track MSFT stock and broader tech movements, the next key milestone will be the upcoming earnings release on April 29, 2026. This report could reset forecasts across key business segments, such as Azure and Copilot adoption.

The post MSFT Stock Surge Powers Nasdaq and S&P 500 Amid Tech Rebound appeared first on Blockonomi.

TLDR

Nvidia’s stock has remained range-bound, showing little movement ahead of its upcoming earnings report.

Shares dropped 0.2% on Tuesday, maintaining a position near its highest levels of the year.

Analysts expect Nvidia’s stock to stay within a narrow trading range until the earnings release later this month.

Positive growth in the AI market is fueling optimism, with Nvidia’s main supplier, TSMC, reporting a 37% revenue rise.

OpenAI’s 10% monthly growth in ChatGPT users could lead to higher demand for Nvidia’s AI chips.

Nvidia’s (NVDA) stock has struggled to break free from a narrow trading range despite a mixed market backdrop. Shares dropped 0.2% on Tuesday, holding near $189.76. Analysts suggest the stock may remain stagnant until the company announces its earnings later this month, despite optimism surrounding the broader AI market.

Nvidia Stock Faces Slow Movement Until Earnings Report

Nvidia’s stock has shown minimal movement in recent days, largely remaining range-bound. As of Tuesday, the stock decreased by 0.2%, continuing to hover near its highest levels of the year. Analysts forecast that the company’s stock will stay within this limited range until its earnings release later this month.

Despite some upward momentum in the market, Nvidia stock is finding it difficult to break out. On Monday, the stock rose 2.5%, but this was followed by Tuesday’s decline. This stagnant behavior indicates that investors are cautious ahead of the earnings report and the broader market dynamics in the coming weeks.

Optimism Emerges from the AI Market and Supplier Growth

Positive signals are coming from the artificial intelligence (AI) sector, potentially benefiting Nvidia. Taiwan Semiconductor Manufacturing (TSMC), Nvidia’s primary supplier, saw a 37% revenue increase in January year-over-year. This suggests growing demand in the semiconductor industry, which could help Nvidia as it continues to develop products for AI applications.

In addition to TSMC’s strong results, there are signs that AI development is gaining momentum. OpenAI, the developer of ChatGPT, reported over 10% monthly growth, according to CEO Sam Altman. This growth could translate to increased demand for AI chips, offering a potential tailwind for Nvidia in the months ahead.

Tariff Exemption Could Provide Relief for Nvidia Stock

Further positive news could come in the form of tariff exemptions on semiconductor imports. Sources suggest that big U.S. tech companies, including Nvidia, may be exempt from new semiconductor tariffs. The Financial Times reported that TSMC’s pledge to invest $165 billion in U.S. manufacturing could lead to exemptions for American customers, including Nvidia.

Such tariff exemptions would provide relief for Nvidia, which could positively impact its stock price. These developments offer a potential path out of the current holding pattern.

The post Why Nvidia Stock Remains Range-Bound: Earnings and Market Factors at Play appeared first on Blockonomi.

TLDR

Shopify’s stock surged by 8.7% after receiving an upgrade from MoffettNathanson and positive sentiment from investors.

MoffettNathanson upgraded Shopify’s stock from “Neutral” to “Buy” and set a new price target of $150.00.

The upgrade boosted investor optimism ahead of Shopify’s upcoming quarterly earnings announcement.

Shopify’s stock has been volatile with 33 moves greater than 5% over the past year.

Despite today’s surge, Shopify is still down 18.7% year-to-date and trading 28.6% below its 52-week high.

Shopify’s (SHOP) stock surged 8.7% during the morning session today after an upgrade from MoffettNathanson and positive sentiment among investors. This surge comes just ahead of the company’s scheduled earnings report. The upgrade from a “Neutral” to a “Buy” rating and a new price target of $150.00 sparked investor optimism.

Upgrade from MoffettNathanson Boosts Confidence

MoffettNathanson upgraded Shopify’s stock from “Neutral” to “Buy” and set a new price target of $150.00. This shift reflects a positive outlook for the company, with analysts predicting strong growth potential in the coming quarters. “The upgrade reflects our confidence in Shopify’s business model and the company’s ability to drive future growth,” MoffettNathanson noted in its report.

This upgrade comes at a time when investor sentiment is generally positive, contributing to the stock’s upward movement. The broader market’s gains also played a role in boosting Shopify’s share price today. However, this is not an isolated event, as analysts across multiple firms have given the stock a consensus “Buy” rating.

SHOP Stock Remains Volatile but Attractive to Investors

Despite today’s jump, Shopify’s stock remains volatile, with 33 moves greater than 5% over the past year. This shows that while the stock can be highly unpredictable, it still attracts attention from investors seeking potential growth. Today’s 8.7% surge, though substantial, is not seen as a game-changer by many analysts.

Recent analyst commentary continues to reflect optimism for Shopify’s future. Last month, Citizens maintained a “Market Outperform” rating on Shopify and set a price target of $200.00. Analysts expect Shopify’s sales volume to accelerate, driven by market share gains and healthy returns for merchants through advertising.

Shopify’s Performance in 2026 and Beyond

Shopify’s stock is down 18.7% since the start of 2026, and it is currently trading 28.6% below its 52-week high. At $127.76 per share, Shopify’s performance has left some investors questioning its long-term outlook.

However, the company continues to show resilience, and analysts remain largely positive on its future growth prospects. With a long-term growth strategy focused on expanding its e-commerce platform, Shopify’s stock could benefit from future gains in both revenue and market share.

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TLDR

TSMC reported its highest-ever monthly revenue in January, reaching NT$401.26 billion, or $12.7 billion.

The company saw a 37% year-over-year increase in revenue and a 20% month-over-month rise.

TSMC dominates the semiconductor market, holding a 71% global market share and over 90% of the advanced AI chip market.

TSMC’s stock hit an all-time high, reflecting investor confidence in its position as a leader in AI chip production.

The company plans to invest up to $56 billion in 2026, primarily for advanced process technologies to meet growing demand.

Taiwan Semiconductor Manufacturing Company (TSMC) has reached a new milestone with its stock hitting a record high. The semiconductor giant reported impressive financial results, fueled by continued demand for advanced AI chips. These strong results have assuaged concerns about a potential slowdown in the AI industry, boosting investor confidence.

TSMC’s January Sales Surge

TSMC recently reported its highest-ever monthly revenue for January, amounting to NT$401.26 billion, which translates to about $12.7 billion. This revenue marks a 37% year-over-year increase and a 20% rise from the previous month. The strong performance highlights ongoing demand for TSMC’s advanced semiconductor chips, primarily driven by the rise of artificial intelligence.

“With chips being crucial to AI advancements, TSMC’s position as a leader in chip manufacturing has never been more important,” said an industry expert. The company’s ability to meet the growing demand for high-performance computing chips has solidified its place as the world’s leading contract chipmaker.

TSMC’s dominance is evident in its 71% market share in the global chip market. More impressively, TSMC holds over 90% of the market share for the most advanced chips used in AI applications. This gives the company an edge in shaping the future of AI technologies and positions it as a bellwether for the industry.

TSMC Stock Performance and Investment Outlook

TSMC’s strong sales performance has positively impacted its stock, which recently hit an all-time high. Despite trading at a premium of 34 times its earnings, investors continue to show confidence in TSMC’s growth prospects. Analysts predict that the company is well-positioned to capitalize on the ongoing AI revolution, maintaining its leadership in semiconductor production.

The company’s recent financial results further support this optimism. TSMC posted a net revenue of $33.7 billion in its fourth-quarter earnings report, surpassing Wall Street expectations. Its gross margin of 62.3% and net profit margin of 48.3% set new records, signaling the company’s strong operational efficiency.

TSMC has pledged to invest heavily in its future growth, with plans to allocate up to $56 billion in capital expenditures in 2026. This represents a 40% increase from the previous year, with the majority of the funds earmarked for advanced process technologies. The company’s ability to innovate and expand its capabilities is a key factor in its long-term success.

Despite its premium stock valuation, TSMC’s position as a leader in AI chip manufacturing gives it a solid foundation for growth. The company’s strong sales and investment plans make it a top choice for investors looking to benefit from the booming AI industry. As the demand for AI technologies continues to rise, TSMC’s role in providing essential chips will remain crucial to its future success.

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TLDR

AMSC stock rose by 2.12% to $29.40 in late morning trading due to advancements in high-temperature superconductors.

High-temperature superconductors are expected to reduce power and space demands in data centers, revolutionizing their design.

These advancements could help meet the growing energy demands of artificial intelligence while addressing grid constraints.

AMSC, a leader in superconductor systems, is well-positioned to benefit from increased investment in energy-efficient technologies.

AMSC has seen 14% revenue growth over the past three years, showcasing strong financial performance.

Shares of American Superconductor (AMSC) have risen by 2.12% to $29.40 in late morning trading. This increase comes after recent developments in high-temperature superconductors, which could potentially revolutionize data center designs. Superconductors allow electricity to flow without resistance, which could drastically reduce both the spatial and power demands of data centers.

Superconductors Could Transform Data Centers

High-temperature superconductors have the potential to significantly impact industries relying on data centers. By reducing energy loss and space requirements, these materials promise to optimize the infrastructure of data centers. As demand for data and energy efficiency grows, these technological advances could reshape how data centers operate.

As artificial intelligence (AI) continues to grow, the energy needs of data centers will only increase. The implementation of high-temperature superconductors could help alleviate these pressures. Companies are looking at ways to incorporate these technologies to keep up with AI’s expanding energy consumption.

AMSC Stock Benefits From Increased Interest

AMSC, a leader in advanced power electronics and superconductor systems, stands to benefit from this growing interest. The company has built a reputation in providing power solutions and is now positioned at the forefront of this energy-efficient transformation. Increased demand for superconductor systems could drive higher investment in AMSC stock as more companies seek to implement cutting-edge technologies.

With a market capitalization of $1.4 billion, AMSC operates primarily within the Industrials sector. Its offerings, including Windtec and Gridtec Solutions, have already made a substantial impact in energy markets. However, its focus on superconductors is likely to attract more investor interest, particularly as demand for cleaner, more efficient technologies continues to rise.

Financial Performance and Market Position

AMSC’s financial performance remains strong, with a revenue growth of 14% over the past three years. The company’s net margin of 46.7% demonstrates solid profitability, and it holds a robust liquidity position, highlighted by a current ratio of 2.66. Despite these strengths, AMSC faces challenges, such as concerns about financial result manipulation, indicated by its Beneish M-Score of -0.76.

The stock’s valuation is currently at a relatively low P/E ratio of 10.03, suggesting it may be undervalued. However, the forward P/E ratio of 28.16 signals expectations of declining earnings.

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TLDR

Alibaba’s RynnBrain AI model advances robotics by enabling robots to understand and interact with their environment

The model helps robots perform tasks like sorting objects, showcasing its potential in AI-driven robotics.

Alibaba’s open-source approach allows global developers to adopt and innovate with RynnBrain.

The launch strengthens China’s position in the global robotics race, competing with U.S. tech giants.

RynnBrain enters a competitive market with AI models from Nvidia, Google, and Tesla driving rapid advancements.

Today, Alibaba introduced its new artificial intelligence model, RynnBrain, designed to revolutionize robotics. According to a CNBC report, this model helps robots understand their physical surroundings and identify objects, advancing robotics and AI. RynnBrain enhances robots’ ability to perform complex tasks, such as sorting fruit, while offering Alibaba a new entry into the robotics field.

RynnBrain’s Capabilities for Robotics

RynnBrain, created by Alibaba’s DAMO Academy, is designed to enable robots to comprehend the world around them. One demonstration showed a robot identifying fruits and placing them into a basket.

These tasks, although simple in appearance, rely on complex algorithms that allow the robot to understand the objects and move accurately. Such capabilities highlight the growing role of AI in physical tasks, particularly in the field of robotics.

The model also plays a role in China’s broader ambition to lead in AI development. Robotics is part of the “physical AI” sector, which also includes autonomous vehicles and other machine learning applications. With increasing competition from the U.S., China has prioritized advancing technologies like RynnBrain to maintain its technological edge.

Alibaba’s Strategy and Industry Competition

Alibaba’s RynnBrain model marks a development as the company pushes further into the robotics market. This initiative comes on the heels of the success of its Qwen family of AI models.

The company continues to focus on open-source strategies, offering RynnBrain to developers at no cost to increase its adoption worldwide. Other tech giants are also racing to develop AI models for robotics. Nvidia has introduced the Cosmos brand, which aims to enhance robotics with its own AI models.

Google’s DeepMind is competing with its Gemini Robotics-ER 1.5, while Tesla’s Optimus humanoid robot, designed by Elon Musk, aims to transform robotics with its own AI system. With these developments, the robotics industry continues to see rapid advancements in both hardware and software.

The open-source nature of RynnBrain is expected to contribute to its widespread use. By offering the model to developers worldwide, Alibaba encourages the expansion of AI-driven robotics applications across various sectors. This strategy aligns with the company’s efforts to foster innovation and collaboration in the AI space.

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TLDR

Coinbase’s stock has dropped over 50% since October’s bitcoin record, including a 27% decline in 2026.

JPMorgan lowered its price target for Coinbase to $290, down from $399, ahead of the company’s fourth-quarter earnings report.

Despite the price target cut, JPMorgan still sees a 75% upside for Coinbase from its current price of $165.5.

JPMorgan’s projections show a decline in adjusted EBITDA from $801 million to $734 million, mainly due to lower trading volumes and weaker crypto prices.

Barclays analyst Benjamin Budish reduced his estimates for Coinbase, forecasting weaker retail trading and blockchain rewards revenue.

Coinbase (COIN) has seen its stock decline by over 50% since the bitcoin record high in early October. The exchange’s troubles are set to continue, as JPMorgan’s Ken Worthington reduced his price target for Coinbase to $290, down from $399. The revised target comes ahead of the company’s fourth-quarter earnings report, scheduled for Thursday.

JPMorgan Cuts Price Target for Coinbase

JPMorgan’s Ken Worthington lowered his price target on Coinbase to $290, reflecting concerns over the exchange’s performance. The new target, while still indicating 75% upside from Coinbase’s current price of $165.5, shows the difficulties the company is facing. According to Worthington, lower trading volumes and weakened crypto prices have significantly impacted Coinbase’s financial performance in the last quarter.

Worthington’s revised projections include a decline in adjusted EBITDA, down from $801 million in Q3 to $734 million. He attributes this decline to sluggish trading activity and lower USDC stablecoin balances. Despite these challenges, Worthington still expects the company’s future performance to improve, driven by contributions from Coinbase’s recent acquisition of Deribit.

Lower Projections from Other Analysts

Other analysts also revised their expectations for Coinbase’s earnings, with Barclays analyst Benjamin Budish lowering his estimates. Budish projected a weaker retail trading environment and lower blockchain rewards revenue, which led him to reduce his adjusted EBITDA forecasts. His estimates for Coinbase’s exchange volume stood at around $261 billion, roughly 10% below consensus.

Compass Point’s Ed Engel adopted a more bearish stance on Coinbase, anticipating disappointment in the subscription and services segment. Engel expects that trading activity for January will show some of the lowest retail engagement since Q3 2024. He emphasized that overall revenue remains tied to fluctuations in crypto prices, further contributing to the pressure on Coinbase’s stock.

Focus on Earnings Report and Future Outlook

As Coinbase prepares to release its earnings after market close on Thursday, investors are paying close attention to the company’s outlook. Key factors for consideration include early 2026 trading activity, the future of USDC-related income, and whether Coinbase’s newer ventures, like Deribit and its futures business, can help offset the volatility in spot crypto markets.

Given the ongoing struggles in the crypto market, Coinbase’s performance in the upcoming quarter is crucial to its long-term recovery. Analysts will closely watch the earnings report for more insights into the company’s ability to adapt and navigate these challenging times.

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TLDR

Coca-Cola stock fell nearly 4% in premarket trading after missing Q4 revenue expectations and issuing weak 2026 guidance

Q4 revenue came in at $11.82 billion versus analyst estimates of $12.03 billion as soda demand weakened in North America and Asia

Company forecasts 2026 organic revenue growth of 4-5%, below analyst expectations of 5.3% and slower than 2025’s 5% growth

Price increases of 4% for full year 2025 helped offset higher input costs but pressured inflation-hit consumers seeking cheaper options

Volume growth remained flat in Asia-Pacific as consumers increasingly shift to regional brands over global names

Coca-Cola shares dropped nearly 4% in premarket trading Tuesday after the beverage giant missed fourth-quarter revenue expectations and forecast slower-than-expected growth for 2026.

The #CocaCola Company$KO, Q4-25.

Results:
Adj. EPS: $0.58
Revenue: $11.80B
Net Income: $2.28B
Solid organic revenue growth despite currency headwinds and a one-time impairment impact. pic.twitter.com/xROFMIalho

— EarningsTime (@Earnings_Time) February 10, 2026

The Atlanta-based company reported Q4 revenue of $11.82 billion, falling short of the $12.03 billion analysts had projected. The miss came as demand for sodas weakened across key markets in North America and Asia.

The company’s 2026 organic revenue growth forecast of 4-5% came in below Wall Street’s 5.3% expectation. This also represents a deceleration from the 5% growth Coca-Cola posted in 2025.

“The forecast reads conservative, but is appropriate for the start of the year,” Jefferies analyst Kaumil Gajrawala wrote in a note. “Street likely wanted more.”

Price Hikes Pressure Consumer Demand

Coca-Cola has been raising beverage prices throughout the past year to offset higher input costs. Prices rose 4% for full-year 2025, helping to drive overall performance.

But these price increases have weighed on inflation-hit U.S. consumers who are increasingly seeking cheaper pantry options. Unit case volumes rose just 1% in the fourth quarter, matching the growth rate from the previous three months.

For the full year, volumes were flat. The company relied entirely on pricing power to drive results.

Rival PepsiCo announced last week it would cut prices on key snacks like Lay’s and Doritos. The move came after consumers pushed back on several rounds of price hikes over recent years.

The timing creates pressure on Coca-Cola as it navigates a CEO transition. Veteran executive Henrique Braun is set to take over as chief executive on March 31.

Shifting Consumer Preferences Challenge Growth

Coca-Cola adjusted earnings came in at 58 cents per share, beating analyst estimates of 56 cents. But the revenue miss highlighted ongoing challenges in key markets.

Volume growth was flat in the Asia-Pacific region during the quarter. The company faces increasing competition from regional brands in the world’s most populous continent.

Coca-Cola has been trying to adapt to changing consumer preferences. The company is leaning on zero-sugar sodas, sports drinks, and bottled teas as U.S. consumers shift to low-sugar options.

The rise of appetite-suppressing weight-loss drugs has accelerated demand for healthier beverage choices. Coca-Cola has invested in products like protein-infused Fairlife milk to capture health-conscious consumers.

The company forecast annual adjusted profit per share growth of 7-8% for 2026. This came in slightly below analyst expectations of 7.9% growth.

Despite Tuesday’s premarket decline, Coca-Cola shares have risen about 12% in 2025. The stock has outperformed PepsiCo over the past few years.

The post Coca-Cola (KO) Stock Falls 4% on Weak Q4 Revenue and Sluggish 2026 Outlook appeared first on Blockonomi.

TLDR

BP suspended share buybacks to strengthen its balance sheet as oil prices remain under pressure from oversupply concerns.

The British energy company reported Q4 profit of $1.54 billion, matching forecasts but down from $2.21 billion in Q3.

Shares fell 5.4% in London trading after the buyback suspension announcement, with U.S. shares down 6% pre-market.

Full-year profit dropped to $7.49 billion from nearly $9 billion in 2024 as crude prices weighed on results.

BP increased its cost-reduction target to $5.5-6.5 billion by 2027 while new CEO Meg O’Neill takes over April 1.

BP shares slid Tuesday after the oil major announced it would suspend share buybacks and allocate excess cash toward strengthening its balance sheet. The move comes as lower crude prices continue to pressure energy sector profits.

*BP SHARES FALL 5% AFTER OIL MAJOR SUSPENDS SHARE BUYBACK PLAN$BP pic.twitter.com/MhW0mUQwiH

— Investing.com (@Investingcom) February 10, 2026

The company reported fourth-quarter underlying replacement cost profit of $1.54 billion, in line with analyst expectations. However, this represented a sharp drop from $2.21 billion in the previous quarter.

BP shares fell 5.4% in London trading, landing near the bottom of the pan-European Stoxx 600 index. U.S.-listed shares dropped 6% in pre-market activity.

The board decided to suspend buybacks and redirect excess cash to accelerate balance sheet improvements. BP’s most recent buyback totaled $750 million, announced with Q3 results in November.

Lower upstream realizations drove the quarterly profit decline. An unfavorable production mix and reduced refinery throughputs also hurt results.

A temporary outage at the Whiting refinery further impacted performance. Seasonally lower customer volumes added to the headwinds.

Full-Year Results Miss Expectations

BP’s full-year 2025 net profit came in at $7.49 billion, missing the $7.58 billion analyst consensus. This marked a decline from nearly $9 billion in 2024.

The company declared a Q4 dividend of 8.320 cents per ordinary share. The stock currently offers a dividend yield of 5.6%.

Fourth-quarter net debt stood at $22.18 billion, down from approximately $23 billion in the year-ago period. Operating cash flow reached $7.6 billion, up from $7.43 billion a year earlier.

BP set its 2026 capital expenditure budget at $13-13.5 billion, at the lower end of guidance. The company raised its structural cost-reduction target to $5.5-6.5 billion by end of 2027, up from the previous $5 billion target.

Oil Sector Faces Broader Challenges

Oil prices recorded their largest annual loss since the Covid-19 pandemic in 2025. Oversupply concerns have intensified pressure on energy companies to maintain shareholder returns.

BP’s competitors Shell and Equinor both posted weaker quarterly earnings last week. Lower crude prices ranked among the primary factors cited.

Equinor slashed its 2026 share buybacks to $1.5 billion from $5 billion in 2025. The Norwegian company is also reducing investments in renewables and low-emission energy initiatives.

Shell maintained buybacks at $3.5 billion, marking its 17th consecutive quarter of $3 billion or more in repurchases. The different approaches highlight varied strategies for navigating current market conditions.

Interim CEO Carol Howle noted progress on key priorities including cash flow growth, enhanced returns, cost reduction, and balance sheet strengthening. “We are clear on the urgency to deliver,” Howle said in a statement.

Woodside Energy’s Meg O’Neill will assume the CEO role on April 1, replacing Murray Auchincloss who stepped down in late 2025. Wall Street analysts maintain a Hold consensus rating on BP with an average price target of $40.31, suggesting roughly 3% upside potential.

The post BP Stock Drops 5% as Company Suspends Share Buyback Program appeared first on Blockonomi.

TLDR

Alibaba unveiled RynnBrain, an open-source AI model that enables robots to perform real-world tasks and navigate complex environments like factories and kitchens.

The model competes with Google’s Gemini Robotics-ER 1.5 and Nvidia’s Cosmos-Reason2, with Alibaba claiming superior benchmark performance.

RynnBrain is available on GitHub and Hugging Face in versions ranging from 2 billion parameters to mixture-of-experts configurations.

The release reflects China’s strategic push to lead physical AI and robotics development globally.

Alibaba stock gained 0.30% Tuesday, with analysts maintaining a Strong Buy rating and $203.09 average price target.

Alibaba shares rose 0.30% Tuesday following the launch of RynnBrain, a new open-source AI model designed for robotics applications. The announcement signals Alibaba’s entry into the growing physical AI market.

Alibaba Pushes Into Robotics AI With Open-Source ‘RynnBrain’
Alibaba has unveiled RynnBrain, an open-source AI foundation model designed to help robots perform real-world tasks by understanding space, time and task planning. Developed by DAMO Academy and trained on the Qwen3-VL… pic.twitter.com/NyWftM3dPP

— CN Wire (@Sino_Market) February 10, 2026

Developed by Alibaba’s DAMO Academy, RynnBrain helps robots understand their surroundings and complete real-world tasks. The model can map objects, predict movement paths, and navigate obstacles in complex settings.

Applications include kitchen environments and factory assembly lines. The system plans actions step-by-step, allowing machines to operate autonomously in cluttered spaces.

Alibaba built RynnBrain using its Qwen3-VL vision-language platform. The company released multiple versions on GitHub and Hugging Face, ranging from 2 billion parameters to more advanced mixture-of-experts models.

Direct Challenge to Tech Giants

The launch positions Alibaba against Alphabet’s Google and Nvidia in robotics AI. Alibaba reported state-of-the-art benchmark results compared to Google’s Gemini Robotics-ER 1.5 and Nvidia’s Cosmos-Reason2.

This reflects an intensifying competition between Chinese and American companies in physical AI. The field combines software with machines operating in real-world environments.

Beijing has made robotics a priority in its AI strategy. China views the technology as essential for transforming manufacturing, logistics, and service industries.

Open-Source Approach

Chinese tech firms have embraced open-source AI development. This differs from U.S. companies that keep advanced technology proprietary.

Previously, open-source physical AI releases came mainly from universities. Stanford and UC Berkeley led this academic approach.

By making RynnBrain freely available, Alibaba encourages global developers to build on its platform. This strategy could accelerate adoption and expand Alibaba’s influence beyond e-commerce and cloud computing.

The move may also challenge Western dominance in robotics AI. Open access allows researchers worldwide to refine and improve the technology.

Analyst Ratings

Wall Street maintains a bullish stance on Alibaba. The stock has 15 Buy ratings from analysts, creating a Strong Buy consensus on TipRanks.

The average price target of $203.09 suggests 24.60% upside potential. Analysts view the robotics AI push as expanding Alibaba’s addressable market.

Alibaba stock traded higher in early Tuesday sessions after the RynnBrain announcement.

The post Alibaba (BABA) Stock Gains After Launching RynnBrain Robotics AI Model appeared first on Blockonomi.

TLDR

Tesla stock jumped 1.5% to $417.32 Monday, establishing support near $390 after previous week’s 8% decline

Musk claims robotaxi fleet will double monthly and reach 25-50% of U.S. by December, though historical promises raise doubts

13-year Tesla veteran VP Raj Jegannathan exits amid company shift from Model S/X to Optimus robot production

Analysts remain cautious with only 40% Buy ratings versus 55% S&P 500 average as stock trades at 200x forward earnings

Tesla plans record $20 billion capex in 2026 but may produce no free cash flow through 2027

Tesla stock rose 1.5% Monday, closing at $417.32 after establishing what may be a critical support level. The move follows Friday’s 3.5% rally after a brutal week that saw shares drop nearly 8%.

The stock has struggled since fourth-quarter earnings on January 28, falling about 5%. But the $390 price point appears to be holding firm, matching support levels from November.

CEO Elon Musk delivered an update on robotaxis during the earnings call. He said over 500 robotaxis now operate in Austin and San Francisco carrying paid riders.

Musk projected monthly doubling of the fleet. He expects coverage in 25-50% of America by year-end, pending regulatory approvals.

Robotaxi Promises Face Scrutiny

Independent tracking data tells a different story. Robotaxi Tracker reports only four of Tesla’s 58 Austin vehicles operate fully unsupervised, contradicting Musk’s claims.

This isn’t Musk’s first optimistic timeline. In 2019, he promised 1 million robotaxis by 2020. He recently posted on X that robotaxi and Optimus production would be “agonizingly slow.”

Crash rate concerns and regulatory hurdles could delay expansion plans. Cybercab production won’t begin until April at the earliest.

Tesla is ending Model S and X production lines to make room for Optimus humanoid robots. The company announced $20 billion in capital spending for 2026, more than double last year.

Wall Street Remains Skeptical

Analyst sentiment tells the story. Only 40% rate Tesla as Buy compared to the 55% S&P 500 average.

The average price target sits at $420, barely $5 above current levels. That’s minimal movement considering Tesla’s massive strategic shifts.

The stock trades at over 200 times forward earnings. Some analysts don’t expect free cash flow generation in 2026 or 2027.

Executive Departure Adds Uncertainty

Vice President Raj Jegannathan announced his exit Monday after 13 years. His most recent role covered IT, AI infrastructure, business apps and information security.

Jegannathan previously ran North American sales after Troy Jones was dismissed. Tesla’s 2025 revenue fell 3%, the first annual decline ever recorded.

The company battles multiple headwinds. An aging EV lineup and consumer backlash over Musk’s political activities have damaged brand perception.

SpaceX shifted focus from Mars to moon missions in 2026, reversing Musk’s earlier stance calling the moon a “distraction.” Tesla owns a small SpaceX stake through xAI connections.

The $390 support level could provide a springboard for gains if it holds. Investors await major catalysts like robotaxi city expansions or the third-generation Optimus unveiling.

The post Tesla (TSLA) Stock Gains as Musk Projects Robotaxi Expansion Plans appeared first on Blockonomi.

TLDR

Oracle shares jumped 9.6% Monday following D.A. Davidson’s upgrade to Buy rating with $180 price target.

Analyst Gil Luria cited OpenAI’s $40 billion cash reserves and potential $100 billion fundraise as key catalysts.

TikTok USA partnership generated approximately $800 million in revenue for Oracle last year.

Stock remains 55% below September peak of $328.33 despite Monday’s rally to $155.95.

Oracle faces $130 billion debt and $248 billion in operating-lease commitments going forward.

Oracle stock delivered its strongest performance in months on Monday. Shares rose 9.6% to close at $155.95.

D.A. Davidson analyst Gil Luria upgraded the stock to Buy from Neutral. He kept his price target at $180.

The upgrade focused on OpenAI’s financial health. Luria believes the AI company now has the resources to fulfill its obligations to Oracle.

OpenAI currently holds about $40 billion in cash. The company may raise an additional $100 billion by the end of the quarter, according to D.A. Davidson.

These funds will help pay for the massive data center buildout Oracle is constructing for OpenAI. The market had been valuing this relationship negatively.

“Since the market is currently assigning the OpenAI relationship a negative value, we believe the fundraise will serve as a catalyst for outperformance,” Luria wrote.

Recovery From September Highs

Oracle peaked at $328.33 per share in September. The stock has fallen 55% since that record high.

The September surge followed an announcement of over $300 billion in new contract obligations. Investor enthusiasm cooled when details emerged.

A single contract with unprofitable OpenAI accounted for most of that backlog. Concerns grew about whether OpenAI could pay for the services.

Luria’s analysis suggests those worries may be overblown. He expects OpenAI to reclaim its position as a top challenger to Google.

“With a fresh stack of capital be able to live up to its obligations this year, including to Oracle,” the analyst noted.

TikTok Partnership Adds Growth Vector

The TikTok USA deal provides Oracle with another revenue stream. Oracle owns a 15% stake in the restructured entity.

Last year TikTok USA brought in roughly $800 million for Oracle. The arrangement locks in TikTok USA as a long-term cloud customer.

Oracle also gained exposure to ByteDance for potential future partnerships. The company secured this stake at an attractive price point.

Vice President JD Vance valued TikTok USA at $14 billion. That figure came in well below market expectations.

Luria dismissed concerns about AI disrupting Oracle’s core software business. “We believe companies will continue to pay for Oracle’s products and that they will not be vibe coded away,” he wrote.

Oracle still carries heavy financial obligations. The company has $130 billion in debt on its books.

Operating-lease commitments add another $248 billion. “These will burden the company for years to come,” Luria acknowledged.

However, the analyst believes Oracle has the right partnerships to manage these challenges. The OpenAI and TikTok relationships provide paths to growth.

Oracle is scheduled to report earnings on March 9. Investors will get updated guidance on both partnerships during that call.

The stock upgrade comes as Oracle works to monetize its AI infrastructure investments. Monday’s rally suggests some investors are becoming more optimistic about those prospects.

The post Oracle (ORCL) Stock Rallies as TikTok and OpenAI Deals Gain Traction appeared first on Blockonomi.

TLDR

Databricks completed $5 billion equity raise at $134 billion valuation with $2 billion debt financing led by JPMorgan Chase

Revenue reached $5.4 billion annualized in Q4, jumping 65% year-over-year while achieving positive free cash flow

AI products generate $1.4 billion in annual revenue as company develops Lakebase database and Genie assistant

CEO confirms IPO readiness but prefers staying private to avoid market volatility affecting software stocks

Funding round oversubscribed despite competitors Oracle and Snowflake falling 13% last week

Databricks raised $5 billion in new funding at a $134 billion valuation on Monday. The private data analytics company also secured $2 billion in debt capacity.

Today we announced Databricks Q4 results:

* Surpassing $5.4B revenue run-rate, growing >65% year-over-year
* Delivering positive free cash flow over the last 12 months
* Crossing $1.4 billion revenue run-rate for our AI products

Databricks is also completing investments in the… pic.twitter.com/FcVv0qiNff

— Databricks (@databricks) February 9, 2026

The round came as software stocks tumbled on AI disruption concerns. Oracle and Snowflake shares each dropped 13% last week.

But investors rushed to back Databricks. The equity round was oversubscribed.

CEO Ali Ghodsi said the $7 billion total capital raise makes Databricks “really well capitalized, in case there’s a winter coming.” The company can now weather market turbulence while continuing to invest in growth.

Revenue Surges Past $5 Billion

Databricks reported $5.4 billion in annualized revenue for the January quarter. That represents 65% growth from the previous year.

The company achieved positive free cash flow over the past 12 months. This financial performance demonstrates strong unit economics.

AI products now drive $1.4 billion in annual revenue. The platform helps enterprises connect data with AI models to build custom agents.

Growth is accelerating. Databricks forecast only 50% growth back in June.

Goldman Sachs, Glade Brook Capital, Morgan Stanley, Neuberger Berman and Qatar Investment Authority joined the equity round. JPMorgan Chase led the debt financing.

Bigger Than Snowflake

Databricks now surpasses rival Snowflake in size. Snowflake reported $1.21 billion in quarterly revenue, giving it roughly $4.8 billion annualized.

Snowflake’s market cap stands at $58 billion. That’s less than half Databricks’ private valuation.

The company will use new capital to accelerate Lakebase development. This AI-focused database competes with Oracle and SAP.

Funds also support Genie, Databricks’ conversational AI assistant. These products position the company as an AI infrastructure beneficiary.

Ghodsi told Reuters investors recognize Databricks benefits from AI adoption. “Anything that the AI layer directly uses is going to increase in exploding consumption because you have these agents running around doing it,” he said.

IPO Timeline Flexible

Databricks remains prepared to go public “when the time is right,” Ghodsi told CNBC. But staying private offers advantages.

The company avoids quarterly reporting pressures. Management can focus on long-term strategy without public market swings.

“If this correction hasn’t bottomed out yet, and it’s just going to continue, we’re just going to continue as a private company,” Ghodsi said.

Databricks initially announced plans to raise over $4 billion in December. The final amount exceeded expectations.

“We weren’t sure we’re going to actually be able to raise all of the five,” Ghodsi said. Interest surged in recent weeks.

The company plans employee liquidity options later this year. This will use the strengthened balance sheet.

Databricks joins SpaceX, OpenAI and Anthropic as potential 2026 IPO candidates. The company now holds billions in cash reserves to fund continued expansion in the enterprise AI market.

The post Databricks Stock Secures $5 Billion Funding at $134 Billion Valuation appeared first on Blockonomi.

TLDR

Credo Technology Group (CRDO) stock surged 10.8% Monday after the company announced Q3 revenue guidance of $404-$408 million, far exceeding prior estimates of $335-$345 million

The chipmaker reported Q2 earnings of $0.67 per share versus $0.49 expected, with revenue of $268 million up 272% year-over-year

Analysts boosted price targets to as high as $240, with consensus rating at “Moderate Buy” and average target of $216.54

Company projects over 200% year-over-year growth for fiscal 2026 as AI infrastructure demand accelerates

CEO and CTO sold roughly $17.3 million in shares last quarter, though insiders maintain 11.84% ownership

Credo Technology Group (CRDO) stock rocketed 10.8% higher Monday after the company delivered preliminary third-quarter revenue guidance that crushed Wall Street expectations. Shares closed at $123.41 on volume of 8.05 million shares.

$CRDO CREDO just preannounced $406M — 18% above their own guide. 51% QoQ growth.

Everyone's missing the nuance: copper isn't dead. It's eating optics from below.https://t.co/io83kiyDoP pic.twitter.com/2kRzNE95P4

— Ben Pouladian (@benitoz) February 9, 2026

The connectivity solutions provider expects Q3 fiscal 2026 revenue between $404 million and $408 million. This destroys the company’s previous guidance of $335 million to $345 million and beats analyst consensus of $341.2 million.

The upside surprise extends Credo’s explosive growth run. Revenue has jumped 224% over the past twelve months as demand for AI infrastructure connectivity solutions continues surging.

Earnings Beat Fuels Rally

Credo’s latest quarterly results showed strong execution across the board. The company posted earnings per share of $0.67, crushing analyst estimates of $0.49.

Revenue hit $268.03 million versus expectations of $234.99 million. Year-over-year revenue exploded 272.1% from the same quarter last year when earnings came in at just $0.07 per share.

The company maintained a net margin of 26.63% with return on equity at 25.28%. Gross profit margins stand near 67%.

Credo now projects mid-single digit sequential revenue growth for Q4. This pace would drive total fiscal 2026 growth above 200% year-over-year.

The company plans to report complete Q3 results on its March 2, 2026 earnings call at 2:00 p.m. Pacific Time.

Analysts Scramble to Raise Targets

Wall Street firms raced to boost price targets following the guidance update. Susquehanna raised its target from $165 to $175 with a positive rating.

Bank of America made a bigger jump, lifting its target from $165 to $240 with a buy rating. Mizuho increased its target from $165 to $225 with an outperform rating.

Wolfe Research set a $240 price objective on shares. TD Cowen reiterated its buy rating on the stock.

The consensus rating sits at “Moderate Buy” with one Strong Buy, eleven Buy ratings, and three Hold ratings. The average price target of $216.54 suggests 75% upside from current levels.

Needham named Credo a Top Pick for 2026 with a $220 target, citing increasing Active Electrical Cable adoption. Rosenblatt Securities initiated coverage with a Neutral rating and $170 target.

Insider Sales and Ownership

Company executives have been trimming positions despite strong performance. CEO William Joseph Brennan sold 50,000 shares December 11th at $153.16 per share for $7.66 million.

CTO Chi Fung Cheng sold 55,000 shares December 8th at $174.70 for $9.61 million. Total insider sales last quarter reached 917,976 shares worth $136.57 million.

Insiders still control 11.84% of outstanding shares. Institutional investors own 80.46% of the company.

Credo has a market cap of $22.29 billion and trades at a P/E ratio of 97.72. The stock’s beta sits at 2.65, indicating higher volatility than the broader market.

The 50-day moving average stands at $144.08 with the 200-day at $142.69. Return on assets exceeds 20%.

The post Credo Technology (CRDO) Stock Climbs as Company Projects 200% Growth appeared first on Blockonomi.

TLDR

Kyndryl (KD) stock tanked 53% to $11.05 after company delayed filing quarterly report over internal control problems

Material weaknesses in financial reporting controls identified across fiscal 2025 and first half of fiscal 2026

CFO David Wyshner and Global Controller Vineet Khurana departed, both replaced with interim executives

Company reduced fiscal 2026 revenue forecast to -2% to -3% year-over-year on constant currency basis

Shares touched 52-week low of $10.82, extending 12-month decline to 46% before Monday’s crash

Kyndryl stock suffered a devastating blow Monday, plunging 53% to $11.05. The IT services company delivered a trifecta of bad news that sent investors running for the exits.

The company announced it would delay filing its December quarter report. Internal control weaknesses over financial reporting forced the postponement.

These aren’t isolated problems. The material weaknesses stretch back through all of fiscal year 2025 and the first two quarters of fiscal 2026.

Kyndryl tried to calm nerves by saying financial statements won’t be affected. The company claims balance sheets, income statements, and cash flows remain accurate.

Wall Street wasn’t buying it.

Financial Leadership Vanishes Overnight

CFO David Wyshner walked out the door effective immediately. His sudden exit raised questions about what’s really happening behind the scenes.

Harsh Chugh took over as interim CFO. He currently serves as global head for corporate development and administration. Previous experience as Chief Operating Officer helps, but investors want permanent leadership.

Global Controller Vineet Khurana also left his position. That’s two top finance executives gone in one announcement.

Bhavna Doegar stepped up as interim corporate controller. She previously held the senior vice president of Finance and Strategy role.

When pressed about whether these exits connected to the accounting problems, Kyndryl refused to comment. The company’s silence only fueled more speculation.

Revenue Outlook Takes Major Hit

Kyndryl released third quarter earnings alongside brutal revised guidance. Fiscal 2026 revenue now expected to fall 2% to 3% on a constant currency basis.

Extended sales cycles drove the downgrade. Deals are taking longer to close across the business.

Kyndryl Consult, one of the company’s fastest-growing segments, saw particularly stretched deal timelines. Legacy IBM contracts from before the spinoff continue creating headwinds.

Oppenheimer analyst Ian Zaffino responded swiftly. He downgraded Kyndryl from Outperform to Perform and removed his price target completely.

The downgrade cited the shift in business dynamics and increased uncertainty from the CFO departure. Extended sales cycles in key growth areas added to concerns.

Shares hit a 52-week low of $10.82 during Monday’s rout. The stock had already fallen 46% over the previous 12 months.

Trading metrics show a P/E ratio of 13.91 and beta of 1.93, reflecting high volatility. Gross margins of 21.4% lag industry peers.

The company now faces extended uncertainty while working through accounting issues and filling two critical finance positions with permanent hires.

The post Kyndryl (KD) Stock Plummets 53% After Delayed Filing and CFO Departure appeared first on Blockonomi.

TLDR

Nvidia stock climbed 2.5% Monday following a 7.9% Friday rally driven by tech company AI spending plans

Tech giants expected to spend over $650 billion on capital expenditure in 2026, heavily focused on AI infrastructure

Analysts predict OpenAI’s $100 billion fundraising will benefit Nvidia, AMD, and Broadcom

Stock still faces headwinds from tech rotation, custom chip competition, and memory cost increases

February 25 earnings report expected to show 71% EPS growth and 67% revenue increase year-over-year

Nvidia shares rose 2.5% Monday, closing at $190.04. The gain extended a strong 7.9% rally from Friday that snapped a five-day decline.

The catalyst? Massive capital spending announcements from tech giants. Google parent Alphabet and Amazon led the charge with hefty infrastructure budgets.

Big U.S. tech companies are now projected to exceed $650 billion in capital expenditure for 2026. Most of that money will flow toward AI infrastructure buildout.

Capital Spending Wave Benefits Chip Makers

William Blair analyst Sebastien Naji sees Nvidia as a prime beneficiary. “The massive step-up in capex now expected in 2026 is likely to greatly benefit merchant accelerator providers like Nvidia,” he wrote.

Despite the recent gains, Nvidia shares remain barely positive for 2026. The stock has battled multiple headwinds in recent weeks.

Investor rotation away from technology stocks has pressured shares. Questions about OpenAI’s spending sustainability have also created uncertainty.

The rise of custom AI chips threatens Nvidia’s market dominance. Rising memory component costs add another layer of concern for investors.

OpenAI Fundraising Could Shift Sentiment

D.A. Davidson analysts believe OpenAI’s planned fundraising could reverse some bearish sentiment. The ChatGPT developer aims to raise up to $100 billion.

“We expect that as investors go back to seeing OpenAI as a winner, the public companies in its orbit could re-rate considerably,” analyst Gil Luria wrote. “Most importantly that should drive outperformance in Nvidia.”

The optimism extends beyond Nvidia. Advanced Micro Devices gained 2.0% Monday while Broadcom added 2.3%.

Both companies have supply deals with OpenAI. The entire AI chip sector appears to be catching a bid from the fundraising news.

Earnings Report Approaches

Nvidia reports quarterly results on February 25. Wall Street expects earnings per share of $1.52, representing 70.79% growth from last year’s comparable quarter.

Revenue projections sit at $65.56 billion. That would mark a 66.68% increase year-over-year.

Full-year estimates call for $4.66 in earnings per share on $212.62 billion in revenue. Those numbers represent growth of 55.85% and 62.93% respectively.

The stock trades at a forward P/E ratio of 25.33. That’s below the semiconductor industry average of 26.96.

Nvidia’s PEG ratio stands at 0.55, well under the industry average of 2. The company currently holds a Zacks Rank of #2, indicating a Buy rating.

The semiconductor sector ranks in the top 39% of all industries based on Zacks Industry Rank methodology.

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