Blockonomi

TLDR:

Banks presented written prohibition principles limiting crypto’s ability to offer stablecoin rewards 

Crypto industry demands broad definitions of permissible activities allowing competitive yields 

Both sides described talks as productive but failed to reach compromise before March 1 deadline 

Permissible account activities remain the main battleground between traditional and digital finance 

 

Crypto firms and banking institutions met for a second round of White House yield talks focused on stablecoin rewards. The session revealed clear battle lines between traditional finance and digital asset companies.

Banks arrived with written demands limiting crypto’s ability to offer yield products. Crypto representatives pushed for broader definitions, allowing competitive rewards programs.

No final agreement emerged despite productive negotiations between the opposing sides.

Banks Draw Red Lines on Stablecoin Rewards

Banking institutions presented formal “prohibition principles” at the White House meeting. The document outlined strict boundaries for stablecoin yield offerings.

Traditional banks view crypto rewards as direct threats to their deposit business. The written framework represents their minimum acceptable terms for any compromise.

Eleanor Terrett shared details from sources present during the negotiations. Banks initially refused to discuss any exemptions for transaction-based rewards.

The current proposal shows slight movement with language about “any proposed exemption.” This shift suggests banks recognize some flexibility may be necessary.

NEW: Details from the White House stablecoin yield meeting, per banking and crypto sources in the room:

People on both sides called the meeting ‘productive,’ but, again, no compromise was reached by the end of the meeting. However, deal specifics were discussed in more detail… pic.twitter.com/w5nPlG1DLi

— Eleanor Terrett (@EleanorTerrett) February 11, 2026

Major financial institutions coordinated their position through trade associations. Goldman Sachs, JPMorgan, Bank of America, and Wells Fargo participated in the talks.

Citigroup, PNC Bank, and US Bank also sent representatives. The Bank Policy Institute, American Bankers Association, and Independent Community Bankers of America joined the session.

Banking executives worry about losing customers to higher-yielding crypto products. They seek regulatory protections against what they consider unfair competition.

The prohibition principles aim to limit crypto’s advantages in the marketplace. Traditional finance wants clear rules preventing customer migration to digital platforms.

Crypto Industry Demands a Level Playing Field

Crypto representatives arrived with different objectives for the White House yield talks. Paul Grewal from Coinbase led arguments for broad permissible activity definitions. Miles Jennings from a16z emphasized the need for innovation-friendly frameworks. Stuart Alderoty from Ripple stated that “compromise is in the air.”

The crypto delegation included Josh Rosner from Paxos and Summer Mersinger from the Blockchain Association. Ji Kim of the Crypto Council also participated in negotiations.

These representatives coordinated positions across the industry. They presented a united front against banking restrictions.

Crypto firms argue that stablecoin yields reflect legitimate market activities. They want freedom to offer competitive products without excessive limitations.

The industry seeks definitions of permissible activities that enable diverse business models. Narrow definitions would effectively eliminate their competitive advantages.

Digital asset companies view the negotiations as existential for their business models. Stablecoin yields attract customers and drive platform adoption.

Restrictive regulations could undermine their growth strategies. The crypto side pushed back against banking demands for tight constraints.

Permissible Activities Become Main Battleground

The core dispute centers on defining what account activities allow yield payments. Banks want narrow definitions that limit crypto’s competitive scope.

Crypto firms advocate for broad parameters enabling various rewards programs. This gap separates the two sides despite productive discussions.

Patrick Witt, Executive Director of the President’s Crypto Council, facilitated the session. Senate Banking Committee staff attended to observe the negotiations.

The smaller meeting size enabled more direct confrontation of disagreements. Both sides could address specific concerns without large group dynamics.

Banking representatives argued that certain activities should prohibit yield offerings. They want restrictions protecting traditional deposit relationships.

Crypto firms countered that market-based yields should remain available. The definitional debate reflects deeper philosophical differences about financial services.

Sources described intense but professional exchanges during the White House yield talks. Neither side yielded on core principles during the session.

However, both parties agreed to continue negotiations in coming days. The March 1st White House deadline adds pressure to reach consensus.

Path Forward Remains Uncertain

Both camps acknowledged progress despite failing to reach final agreement. Banks appreciated crypto’s willingness to discuss specific frameworks.

Crypto representatives noted banking flexibility on exemption language. Nevertheless, substantial gaps remain between the positions.

Additional meetings will occur before the end of February. The White House has urged both parties to finalize terms by March 1st.

Banking and crypto sources indicated ongoing communication channels. The reduced meeting format may continue for future sessions.

Traditional banks must balance protecting their business with appearing reasonable. Crypto firms need workable regulations allowing competitive products.

Each side faces pressure from stakeholders to defend their interests. The coming weeks will determine whether compromise proves possible.

The post Stablecoin Wars: Inside the White House Battle Between Crypto and Traditional Banks appeared first on Blockonomi.

TLDR:

Tether Directory maps USD₮ integrations across exchanges, wallets, payments, and infrastructure

USD₮ commands $186 billion market cap as world’s leading stablecoin and digital dollar choice

Platform built with The Grid offers searchable ecosystem view for users, developers, regulators

 Directory validates active USD₮ usage rather than promotional listings through moderation review

 

Tether has introduced the USD₮ Tether Directory, marking a milestone in digital asset transparency. The public resource maps global USD₮ integrations across exchanges, payments, wallets, and infrastructure providers.

CEO Paolo Ardoino unveiled the directory at the 2026 Plan ₿ Forum in San Salvador. The platform offers users, developers, institutions, and regulators enhanced visibility into USD₮’s real-world applications.

With USD₮ commanding a $186 billion market cap, this initiative addresses growing demands for ecosystem documentation.

Comprehensive Mapping of Global USD₮ Infrastructure

The Tether Directory was developed through a partnership with The Grid, an API-first ecosystem intelligence platform for Web3.

This collaboration brings forth an intuitive, searchable interface showcasing products and services supporting USD₮.

Users can navigate the directory by category, supported assets, and product type. The platform enables ecosystem participants to submit or claim page profiles for moderator review.

The directory functions as a validation mechanism for genuine USD₮ integrations. Rather than accepting promotional listings, the platform prioritizes active and verifiable usage data.

This approach ensures accuracy and relevancy across all listed services. The moderation process maintains quality standards while expanding the directory’s coverage.

Tether Launches First Public Map of USD₮’s Ecosystem Worldwide

Read more:https://t.co/1o5YbOQjwD

— Tether (@tether) February 11, 2026

Paolo Ardoino emphasized the interconnected nature of USD₮’s global infrastructure. “USD₮ does not exist as an isolated asset. It operates within a broad universe of wallets, platforms, payment tools, and cutting-edge infrastructure built by teams around the world,” said Paolo Ardoino, CEO of Tether.

“Making the Tether universe more transparent and navigable matters as USD₮ becomes more ubiquitous in everyday financial activity, and this directory helps document how USD₮ and other Tether products are utilized globally.”

The directory serves multiple stakeholder groups with distinct needs. Developers can identify integration opportunities and technical requirements.

Financial institutions gain clarity on USD₮’s operational framework. Regulators access comprehensive data about USD₮’s deployment across different jurisdictions. End users discover available services and platforms supporting their digital dollar needs.

Expanding Documentation for Digital Dollar Infrastructure

USD₮ has established itself as critical financial infrastructure for digital dollars globally. The stablecoin facilitates diverse use cases spanning payments, remittances, trading, and liquidity provision.

Markets worldwide rely on USD₮ for stable value transfer and storage. The directory catalogs these varied applications across different regions and sectors.

The launch represents a proof-of-concept that will evolve over time. Additional integrations will be incorporated as the USD₮ ecosystem continues expanding.

Tether plans ongoing updates to reflect new partnerships and platform launches. The company invites businesses supporting USD₮ to claim profiles for directory inclusion.

Transparency initiatives like the Tether Directory respond to increased scrutiny of stablecoin operations. By documenting where and how USD₮ functions,

Tether provides stakeholders with concrete information. The directory moves beyond abstract discussions about stablecoin usage to showcase practical implementations. This data-driven approach supports informed decision-making across the ecosystem.

The directory’s searchable format accommodates users with varying technical expertise. Simple navigation allows quick discovery of relevant services and platforms.

Advanced filtering enables detailed exploration of specific integration types. This accessibility ensures the directory serves both casual users and industry professionals effectively.

The post Tether Launches First Public Map of USD₮’s Ecosystem Worldwide appeared first on Blockonomi.

TLDR

Paxful has been sentenced to pay a $4 million fine after pleading guilty to money laundering and prostitution charges.

The company processed over $3 billion in crypto trades between 2017 and 2019, including transactions linked to Backpage.

The U.S. Department of Justice initially sought a $112 million penalty but reduced it to $4 million based on Paxful’s financial situation.

Paxful also agreed to pay a separate $3.5 million civil penalty to the Financial Crimes Enforcement Network.

The case highlights the legal risks faced by cryptocurrency exchanges involved in facilitating illegal activities.

Paxful Holdings, a peer-to-peer Bitcoin marketplace, has been sentenced to pay a $4 million fine after pleading guilty to charges of fostering illegal prostitution, violating money-laundering laws, and knowingly handling criminal proceeds. The company, which ceased operations in 2023, processed over $3 billion in crypto trades between 2017 and 2019. U.S. authorities also revealed that Paxful had facilitated transactions linked to Backpage, a platform notorious for promoting illicit sex work.

Paxful Pleads Guilty to Criminal Charges

Paxful entered a plea agreement with U.S. authorities in December, admitting to its involvement in illegal activities. The peer-to-peer exchange knowingly transferred Bitcoin for customers linked to criminal schemes, including money laundering and fraud. During this period, Paxful made substantial profits, collecting approximately $30 million from its operations.

The Justice Department emphasized that Paxful’s actions allowed illegal transactions to take place undisturbed. “By putting profit over compliance, the company enabled money laundering and other crimes,” said Eric Grant, U.S. Attorney for the Eastern District of California. The company also processed Bitcoin for Backpage, a platform heavily involved in prostitution and trafficking, further complicating its legal standing.

Impact of the $4 Million Fine on Paxful

Originally, the Justice Department had sought a fine exceeding $112 million. However, the company’s inability to pay that amount led to a drastically reduced penalty. After considering Paxful’s financial situation, the final fine was set at $4 million, which a federal judge affirmed during a sentencing hearing.

In addition to the criminal fine, Paxful agreed to pay a separate $3.5 million civil penalty to the Financial Crimes Enforcement Network (FinCEN). The company’s founders were also implicated, with Artur Schaback, Paxful’s co-founder from Estonia, pleading guilty to violating anti-money laundering laws in 2024. Paxful’s operations and marketing strategies were scrutinized, with the company once boasting about the “Backpage Effect” in boosting its business.

The court’s ruling reflects a broader commitment to holding companies accountable for facilitating illegal activity. U.S. Attorney Eric Grant emphasized that the sentence serves as a clear warning. Companies that fail to prevent criminal activities on their platforms will face severe legal consequences under U.S. law. Paxful’s plea deal marks a pivotal moment in the ongoing effort to regulate cryptocurrency exchanges and curb illegal use.

The $4 million fine, while a fraction of the initial demand, underscores the seriousness of the charges and Paxful’s role in criminal networks. This case serves as a reminder of the legal and financial risks faced by cryptocurrency exchanges that fail to comply with U.S. laws.

The post Paxful Hit with $4 Million Penalty Over Illegal Transactions and Crimes appeared first on Blockonomi.

TLDR

Hong Kong remains committed to digital assets with a transparent and predictable regulatory framework.

The UAE is rapidly advancing in the digital asset space with clear regulations and a dedicated regulatory body.

Hong Kong has granted licenses to 11 virtual asset trading platforms under its licensing regime.

Hong Kong plans to issue licenses for stablecoins and digital asset custodians in the coming months.

Johnny Ng suggests Hong Kong could benefit from appointing a dedicated position to oversee crypto regulations.

Hong Kong continues to engage with global partners, including South Korea, to stay competitive in the digital asset market.

Hong Kong has long been a global financial hub, known for its robust commitment to blockchain and cryptocurrency development. Despite this, it now faces increased competition from the UAE, which has been making aggressive moves in the virtual asset space. The rivalry has intensified as both regions strive to lead in digital asset regulation and innovation.

Hong Kong’s Transparent Regulatory Framework for Digital Assets

Hong Kong has built a reputation for its stable and predictable regulatory approach toward digital assets. According to Joseph Chan, Under Secretary for Financial Services and the Treasury, the city’s regulation is transparent and dependable. “Our regulation is transparent, certain, and predictable,” Chan emphasized. This consistency has helped Hong Kong remain a trusted location for virtual asset businesses despite global market fluctuations.

Since the implementation of its licensing regime for virtual asset trading platforms (VATPs) two years ago, Hong Kong has granted licenses to 11 companies. The framework aims to provide a stable environment for virtual asset firms, promoting industry growth. Chan also pointed out that Hong Kong’s approach remains steady, even when facing challenges like crypto winters.

Furthermore, Hong Kong is moving forward with its stablecoin regulatory regime, with licenses expected in the first quarter of this year. The upcoming licensing framework for digital asset dealers and custodians will be addressed later this year. This process, though lengthy, is designed to ensure all industry players are well-informed, minimizing uncertainties for businesses in the region.

UAE’s Aggressive Stance on Virtual Asset Regulation

While Hong Kong has maintained stability, the UAE is making fast strides in becoming a crypto-friendly hub. Johnny Ng, founder of Goldford Group, highlighted that the UAE is very aggressive in attracting digital asset businesses. The UAE has established clear regulations and placed virtual assets under the oversight of a dedicated regulatory body in regions like Dubai and Abu Dhabi.

Ng noted that this approach gives the UAE an edge in competing with other global financial centers. He pointed to South Korea’s similar model, where a government body specifically handles crypto regulations. “The UAE is really aggressive,” Ng said, comparing its regulatory efforts with those of Hong Kong and other jurisdictions.

In response, Ng suggested that Hong Kong could benefit from appointing a dedicated position to oversee digital asset regulation. “Hong Kong’s legislative council can recommend that the government create one position to oversee all these things,” he said. This idea would streamline regulatory processes and enhance the city’s competitiveness.

The post Hong Kong and UAE Compete for Dominance in Digital Asset Regulation appeared first on Blockonomi.

TLDR

MSTR stock dropped 4.8% today, following a significant decline in Bitcoin’s price.

Michael Saylor linked the stock’s decline to a four-month Bitcoin bear market.

Strategy’s stock has shown extreme volatility, with 58 moves greater than 5% in the past year.

A 13.4% drop in Strategy’s stock occurred just six days ago due to Bitcoin’s sharp decline.

Canaccord Genuity analyst Joseph Vafi slashed his price target on Strategy by over 60%.

Shares of Strategy (NASDAQ: MSTR) experienced a 4.8% drop in the afternoon session today. The decline follows the movement of Bitcoin, which faced a notable decrease in its value. Strategy’s strong correlation with Bitcoin’s performance has made the company’s stock price highly volatile.

MSTR Stock Moves in Tandem with Bitcoin

Strategy’s stock price has consistently followed Bitcoin’s fluctuations, given the company’s large holdings in the cryptocurrency. As Bitcoin dropped from over $110,000 to near $70,000, MSTR stock reflected a similar decline. Michael Saylor, Strategy’s executive, directly attributed the recent decrease to the ongoing four-month bear market for Bitcoin. He stated, “The stock’s decline is tied to the market’s response to Bitcoin’s performance.” This strong link between the two assets has resulted in high volatility for Strategy’s shares.

The company’s stock has moved more than 5% on 58 occasions over the past year, showing its sensitivity to market shifts. Today’s drop, however, is viewed as another typical move within the volatility that investors expect. The market, however, does not appear to see this as a fundamental change in the business outlook. Investors are continuing to monitor Bitcoin’s movements as they assess Strategy’s performance.

Previous Drop and Analyst’s Impact on MSTR

The latest drop comes after a 13.4% decrease in Strategy’s stock just six days ago. This drop followed Bitcoin’s sharp decline, which impacted the value of Strategy’s holdings. Canaccord Genuity analyst Joseph Vafi reduced his price target for the company by over 60% due to Bitcoin’s declining price. The drop in Bitcoin’s value below $70,000 also coincided with the market waiting for Strategy’s fourth-quarter earnings report.

The large-scale impact of Bitcoin’s movement on Strategy’s stock is a key focus for analysts. Investors have remained concerned about the company’s crypto exposure, especially as its Bitcoin holdings lose value. Despite these concerns, Strategy continues to be the largest corporate holder of Bitcoin, which has made its stock price sensitive to changes in the cryptocurrency’s performance.

Strategy’s stock has dropped 19.8% since the beginning of the year, with its current price at $126.10 per share. This price is a far cry from its 52-week high of $455.90, a 72.3% drop from that peak. Investors who bought $1,000 worth of Strategy stock five years ago would now see an investment valued at $1,249.

The post MSTR Stock Struggles as Bitcoin’s Value Dips Below $70,000 appeared first on Blockonomi.

TLDR:

Gold’s 427% rally since 2016 enters the same zone where previous decade-long super runs peaked in 1980 and 2011. 

Historical pattern shows gold consolidates for years after peaks while capital rotates into stocks for extended rallies. 

Cryptocurrency now provides institutional alternative for capital rotation that didn’t exist during previous gold cycles. 

Combination of cooling inflation, rising real rates, and Fed tightening typically signals end of gold super runs.

 

Gold has reached a price level that historically marks the end of major bull runs. The precious metal recently hit a cycle high near $5,600, reflecting a 427% gain since 2016.

Market analysts now compare current conditions to previous decade-long rallies that ended in 1980 and 2011. The pattern suggests a potential rotation of capital into other asset classes.

However, this cycle introduces a new variable with crypto markets now positioned as institutional investments.

Historical Super Runs Follow Consistent Decade Pattern

Gold moves in extended bull markets that typically last nine to ten years. The 1970 to 1980 rally delivered returns of 2,403% before peaking.

Another super run from 2001 to 2011 generated 655% gains. The current 2016 to 2026 cycle has produced 427% returns so far.

These prolonged trends don’t continue indefinitely, according to market data. Instead, gold runs hard for approximately a decade before entering extended consolidation periods.

After reaching peaks, the metal often trades sideways or declines for years. The pattern has repeated across different economic environments and policy regimes.

Bull Theory noted on social media that gold just entered the same zone where every major bull run historically ended. The observation points to technical and fundamental factors aligning with previous market tops.

Yet a new high alone doesn’t confirm a peak has formed. The current position simply indicates the rally is no longer in early stages.

GOLD HAS ENTERED THE SAME ZONE WHERE EVERY MAJOR BULL RUN HAS HISTORICALLY ENDED.

Last month, Gold just hit a new cycle high near $5,600, and is still up +427% in this 2016 → 2026 run.

Now zoom out on what this chart is really showing:

1) Gold moves in decade long super runs… pic.twitter.com/30rx6u6dx7

— Bull Theory (@BullTheoryio) February 11, 2026

 

Several factors typically combine to end gold super runs. Inflation cooling and real rates moving higher create headwinds for the metal.

Federal Reserve tightening policies reduce speculative demand. Dollar stabilization removes currency-driven buying pressure. Risk appetite returning to markets pulls capital toward growth assets.

Crypto Emerges as New Rotation Destination

Previous gold peaks in 1980 and 2011 triggered capital flows into equities. After the 1980 top, stocks entered a two-decade bull market.

The 2011 peak preceded another extended equity rally through the 2010s. Gold cooled while stock markets absorbed investment capital seeking returns.

The current cycle presents a different landscape compared to earlier periods. Cryptocurrency markets have matured into institutional asset classes with regulated exchange-traded funds.

Public companies now hold Bitcoin on balance sheets. The investor base has expanded beyond retail traders to include pension funds and corporate treasuries.

This development changes the traditional rotation pattern that followed gold peaks. Capital flowing out of precious metals now has multiple destinations.

Instead of moving solely into stocks, funds can allocate to Bitcoin and digital assets. Crypto represents the risk-on component that didn’t exist in previous cycles.

The potential shift could reshape how bull markets unfold across asset classes. If gold enters a consolidation phase similar to past patterns, both stocks and crypto may benefit.

Bitcoin’s role as a high-beta growth asset positions it to capture speculative capital. The combination of established equities and emerging digital markets creates broader opportunities for portfolio allocation.

The post Gold Reaches Critical Zone as Decade-Long Bull Run Shows Historical Peak Signals appeared first on Blockonomi.

TLDR

Micron stock surged by 5-6% after the company reassured investors about its HBM4 production timeline.

The company’s CFO confirmed that Micron is in high-volume production of HBM4, shipping products ahead of schedule.

Analysts raised their price targets for Micron stock, citing strong AI memory demand and the company’s market position.

Micron is benefiting from the growing need for high-bandwidth memory, essential for AI accelerators like Nvidia.

The memory market is experiencing tight supply, with HBM capacity for 2026 already sold out under long-term contracts.

Micron stock (MU) surged by 5-6% on Wednesday after the company reassured investors about its next-generation high-bandwidth memory (HBM4) progress. The rise in the stock price is partly due to management addressing concerns about production delays. Analysts are also driving the momentum with bullish outlooks based on Micron’s position in the AI memory market.

Company Clarity on HBM4 Production

Micron’s stock surge follows a statement from the company’s CFO at a Wolfe Research conference in New York. He directly addressed recent doubts about the progress of the HBM4 program, which had been lagging behind rivals like Samsung. The CFO confirmed that Micron is in high-volume production of HBM4, with shipments already underway and increasing this quarter, ahead of the planned timeline.

This statement helped restore confidence in the stock after reports surfaced claiming that Samsung was ahead in the HBM4 race. By clarifying that HBM4 is in production and on track, Micron resolved concerns surrounding its technology and schedule. The CFO’s comments quickly resulted in Micron stock rising by approximately 5.5%, outperforming the broader chip sector and Nasdaq.

Analyst Support for Micron Stock

Following Micron’s reassurance, analysts extended the positive sentiment. Morgan Stanley raised its price target for Micron to $450, citing the company’s strong position in the AI-driven memory market. The firm maintained an Overweight rating on Micron stock, reinforcing the broader trend of analysts turning more optimistic about the company’s prospects.

Other analysts, including those from Mizuho, TD Cowen, and Rosenblatt, have also raised their price targets in recent weeks. These analysts cite a stronger outlook for HBM economics and DRAM pricing power driven by the increasing demand for AI memory. This positive analyst coverage is contributing to the upward momentum in Micron’s stock price.

AI Memory Market and Micron’s Strategic Position

The broader trend in the AI memory market is also playing a role in the surge of Micron stock. High-bandwidth memory (HBM), which is essential for AI chips, is in high demand. HBM is crucial for AI accelerators from companies like Nvidia, and this growing demand is squeezing memory supply across the market.

Reports indicate that HBM capacity for 2026 is largely sold out under long-term contracts. As a result, DRAM prices could see a 20-30% increase, further benefiting companies like Micron. Micron is strategically positioning itself to capitalize on this demand, with new capacity investments and partnerships with foundry companies like Powerchip (PSMC) to scale up output.

Micron’s focus on expanding its manufacturing footprint is evident through plans for new fabs and NAND investments. These strategic moves position the company well to meet the growing demand for AI-grade memory.

The post Micron Stock Jumps Following Reassurance on HBM4 and AI Demand Growth appeared first on Blockonomi.

TLDR

McDonald’s stock has risen by 5% over the past year and 7.5% year-to-date.

UBS has reaffirmed a Buy rating for McDonald’s with a $350 price target.

The company shows strong same-store sales growth and momentum in international markets.

Guggenheim raised McDonald’s stock target price to $325 and maintained a Neutral rating.

Jim Cramer commented on McDonald’s performance, calling it a return to traditional investing.

McDonald’s stock is expected to gain market share and outperform its competitors in 2026.

McDonald’s Corporation (NYSE: MCD) has shown strong stock performance recently, gaining 5% over the past year and 7.5% year-to-date. Ahead of its earnings report, investment bank UBS reiterated its Buy rating on the stock, with a $350 price target. UBS highlighted the company’s strong same-store sales growth and momentum in international markets as key drivers of its positive outlook.

UBS Reaffirms Buy Rating for McDonald’s Stock

UBS has shown confidence in McDonald’s stock by maintaining a Buy rating. The investment bank set a target price of $350 per share for MCD, reflecting optimism about the company’s growth prospects. UBS emphasized McDonald’s strong same-store sales growth, which continues to impress.

Furthermore, the bank pointed out McDonald’s solid performance in international markets, suggesting the potential for further global expansion. UBS also expects McDonald’s to gain market share in 2026, continuing its momentum. This positive outlook underscores McDonald’s ability to outperform many of its competitors in the fast food sector.

Guggenheim Increases McDonald’s Target Price

Guggenheim also weighed in on MCD stock, raising its price target to $325 from $310. The firm maintained a Neutral rating on the stock but acknowledged McDonald’s strong performance. Guggenheim forecasts faster growth in same-store sales and earnings per share than previously expected for 2026.

The increased price target reflects expectations of continued solid performance from the fast food giant. As McDonald’s adapts to the changing market, analysts anticipate that its earnings will surpass prior projections. This adjustment signals that McDonald’s stock may continue to perform well in the coming months.

Jim Cramer Discusses MCD Stock Performance

While Jim Cramer did not directly comment on McDonald’s stock, he made remarks about its recent performance. Cramer expressed that McDonald’s felt like a traditional, pre-FANG company, referencing the period before tech giants dominated the market. “The companies that are pulling away are all household names,” Cramer said, alluding to McDonald’s success.

Cramer’s comments suggest a return to traditional investing, where established companies like McDonald’s lead the market. His remarks highlight the growing strength of McDonald’s, which continues to perform well without the dramatic influence of newer tech stocks. The company’s consistent growth remains a source of confidence for both analysts and investors.

The post McDonald’s (MCD) Stock Gains Momentum, Analysts Raise Price Targets appeared first on Blockonomi.

TLDR

Deel has partnered with MoonPay to offer stablecoin salary payouts to employees in the UK and EU.

The integration allows workers to receive part or all of their salary in stablecoins through non-custodial crypto wallets.

MoonPay will manage stablecoin conversion and settlement, while Deel handles payroll and compliance operations.

Deel processes $22 billion in payroll annually, serving over 150 million workers globally.

JP Richardson, CEO of Exodus, stated that paychecks will drive broader crypto adoption.

Global payroll platform Deel has partnered with MoonPay to introduce stablecoin salary payouts, starting in the UK and EU next month. This new feature will enable workers to receive wages directly in stablecoins, through non-custodial crypto wallets. Deel, which processes $22 billion in payroll annually, will integrate MoonPay’s conversion and on-chain delivery services into its existing payroll infrastructure.

The partnership comes as Deel continues to expand its crypto payout options. The integration with MoonPay allows employees to opt for part or all of their salary to be paid in stablecoins instead of traditional fiat currencies. Deel’s payroll and compliance operations will remain in place, while MoonPay handles the stablecoin conversion and settlement.

Deel’s Expansion of Crypto Salary Options

Deel’s new offering enhances its existing payroll services by adding crypto payment options. The company processes payroll for over 150 million workers worldwide and aims to integrate blockchain technology for efficient payments. The stablecoin payouts are intended to simplify global transactions and reduce costs associated with traditional banking.

Employees will have the ability to choose how much of their salary they want to receive in stablecoins. Deel’s partnership with MoonPay facilitates a seamless conversion process, ensuring that payments are both secure and efficient. This move is seen as a step toward increasing the adoption of cryptocurrency for everyday financial activities.

MoonPay’s Role in Stablecoin Payroll

MoonPay’s involvement in this collaboration focuses on managing the conversion and delivery of stablecoins to employees. As part of the deal, MoonPay will handle all aspects of crypto wallet delivery. The company’s platform ensures that payments are processed quickly and securely, using the latest blockchain technology.

JP Richardson, co-founder and CEO of Exodus, highlighted the shift toward crypto adoption. “You don’t bring the world into crypto with whitepapers. You do it with paychecks,” Richardson stated. This partnership will likely lower transaction fees and eliminate delays associated with cross-border payments, benefiting workers around the world.

The companies did not reveal which stablecoins would be supported initially, or how many workers are expected to opt in. They also did not share specific timelines for a US rollout. However, the expansion to the US is expected to follow after the UK and EU implementation.

US Market Growth for Stablecoins

The US stablecoin market has seen significant growth since the GENIUS Act established a framework for payment stablecoins in 2025. Several companies have launched stablecoins in the US, including Tether’s USAt, a regulated payment stablecoin. With increased regulatory clarity, stablecoins are becoming more mainstream, with several US banks preparing to issue their own digital currencies.

MoonPay’s collaboration with Deel comes as the regulatory landscape for stablecoins continues to evolve. As the US and European markets adopt more stablecoin systems, the use of blockchain technology for everyday transactions is expected to increase.

The post Deel to Offer Stablecoin Salary Payouts via MoonPay in UK, EU appeared first on Blockonomi.

TLDR

Bybit has launched a new XRP yield product through a partnership with Doppler Finance.

The product uses vault-based strategies instead of native staking to generate yield.

XRP holders can now earn yield on their assets without modifying the XRP network.

Doppler Finance provides the underlying infrastructure with regulated custody and audited reserves.

Bybit aims to expand the utility of XRP and simplify the yield process for users.

Bybit has introduced a new XRP yield product in partnership with Doppler Finance. The product, available through Bybit Earn, aims to offer yield opportunities for XRP holders. The structure of the product is based on vault strategies rather than native staking, addressing the lack of staking functionality on the XRP network.

Bybit’s New XRP Yield Offering

Bybit has teamed up with Doppler Finance to create a new way for users to earn yield on XRP. The product does not involve staking, which is not supported by XRP’s protocol. Instead, Bybit has built a solution around vault-based strategies that operate in the background. These strategies are designed to generate yield through managed financial techniques, without modifying the XRP network.

Jerry Li, Head of Earn and Wealth Management at Bybit, emphasized that expanding XRP’s utility remains a priority for the exchange. Li noted that the partnership with Doppler Finance allows Bybit to offer yield on XRP while avoiding the complexity associated with staking.

Doppler Finance Provides Infrastructure

Doppler Finance provides the infrastructure behind Bybit’s new XRP yield product. The company’s platform uses regulated custody and audited reserves to ensure security. The vault-based strategies that power the yield product are structured for non-staking assets. This approach helps Bybit avoid the challenges of staking while providing a new revenue stream for XRP holders.

Doppler Finance also emphasizes transparency, with mechanisms in place for reserve attestations and verification. This infrastructure has been designed with institutional-grade security, ensuring compliance with regulated markets. The partnership with Bybit allows both parties to offer a regulated and secure yield product for XRP users.

Strategic Partnership Expands XRP’s Utility

Bybit’s new XRP yield product is part of a broader strategy to expand the utility of the asset within its ecosystem. The product gives XRP holders a way to generate yield without the need for direct involvement in staking. Bybit is adding another income product to its Earn platform, giving users more ways to earn from their assets.

The partnership with Doppler Finance strengthens Bybit’s Earn lineup, providing an alternative to traditional staking. This move reflects the growing trend of offering structured financial products for digital assets.

The post Bybit Partners with Doppler Finance to Launch XRP Yield Product appeared first on Blockonomi.

TLDR

Beta Technologies stock surged 25.5% after-hours following Amazon’s SEC filing disclosure of 11.8 million shares

Amazon’s stake represents roughly 5% of Beta’s total outstanding shares in the electric aircraft company

Beta went public in November 2025 at $34 per share but had fallen 41% year-to-date before the disclosure

The company competes with Joby Aviation and Archer Aviation in the electric vertical takeoff and landing market

Wall Street analysts maintain a Strong Buy rating with an average price target of $34.43

Beta Technologies stock rocketed higher after Amazon revealed its investment position in the electric aircraft maker. The disclosure sent shares up more than 25% in extended trading Tuesday.

JUST IN:—Amazon disclosed a ~5% stake in Beta Technologies, a company developing electric vertical takeoff and landing aircraft along with propulsion systems and charging infrastructure. pic.twitter.com/2DnklGmvZ3

— The Futurist (@Futuristdaily) February 10, 2026

Amazon owns 11.8 million shares of Beta Technologies. The position equals about 5% of the company’s total stock outstanding.

The stock closed regular trading at $16.77 before jumping to $21.04 after-hours. Beta gained just 0.3% during the standard session.

The revelation came through an SEC filing that detailed Amazon’s holdings. What makes this interesting is that Amazon initially invested in Beta back in 2021.

Amazon’s Clean Energy Play

Amazon backed Beta through its Climate Pledge Fund in 2021. The e-commerce giant has long shown interest in alternative delivery technologies.

Beta Technologies builds electric aircraft designed for quiet operation. This feature could unlock new urban flight paths previously unavailable to traditional aircraft.

The company’s ALIA platform comes in two versions. The ALIA CTOL functions as a conventional fixed-wing electric plane. The ALIA VTOL offers vertical takeoff and landing capabilities.

Beta has also built out charging infrastructure. The company operates over 50 charging sites spread across the U.S. and Canada.

Competitive Landscape

Beta faces direct competition from Joby Aviation and Archer Aviation. All three companies are racing to commercialize electric vertical takeoff and landing technology.

GE Aerospace also holds a major stake in Beta. The jet engine manufacturer was listed as a 5% or more shareholder in Beta’s IPO prospectus.

The two companies are collaborating on hybrid aircraft propulsion systems. GE Aerospace appears extensively in Beta’s regulatory filings.

Beta completed its IPO in November 2025. The company priced shares at $34 each during the public offering.

Stock Outlook

The stock struggled after going public. Shares dropped 41% year-to-date through Tuesday’s close.

Wednesday’s pre-market trading showed continued momentum. Beta stock rallied approximately 17% before the opening bell.

Analyst sentiment remains positive despite recent price weakness. Seven analysts rate Beta a Buy with one Hold recommendation.

The consensus price target stands at $34.43. That implies potential gains of more than 105% from current levels.

Neither Amazon nor Beta responded to media requests for comment. The companies have not disclosed any strategic plans related to the shareholding.

Amazon’s investment history in delivery technology is extensive. The company has tested drone deliveries and continues exploring automation options.

Beta Technologies stock opened Wednesday’s regular session with strong gains following the Amazon stake news.

The post Beta Technologies (BETA) Stock Rallies as Amazon Discloses 5% Ownership appeared first on Blockonomi.

TLDR

Apptronik raised $520M, bringing its Series A round to $935M for Apollo robot production.

Apollo robots are deployed in factories and warehouses with partners like Mercedes-Benz and GXO Logistics.

Apptronik’s robots will collaborate safely with humans for tasks like lifting, sorting, and transporting.

The company faces competition from Tesla’s Optimus and Chinese humanoid developers like Unitree and Agility.

Apptronik plans to expand its presence and begin fulfilling robot orders in 2027, with $1B in projected demand.

Apptronik, a robotics startup based in Austin, Texas, has raised $520 million in funding, bringing its Series A round to $935 million. The new capital will help the company refine and mass-produce its Apollo humanoid robots, aiming to lead the market ahead of competitors such as Tesla and Chinese developers.

Apollo Robots in Early Deployment

Apptronik’s Apollo robots are already deployed in several factories and warehouses under strategic partnerships with companies like Mercedes-Benz, GXO Logistics, and Jabil. These robots operate within predefined areas using sensors and light curtains to ensure safe interaction with human workers.

Today, we’re excited to announce that we’ve raised more than $935M in Series A funding with a $520M Series A-X extension round, bringing our total capital raised to nearly $1B.

This milestone is a powerful vote of confidence in our mission: building AI-powered humanoid robots…

— Apptronik (@Apptronik) February 11, 2026

The robots pause when a human crosses into their operational space, with plans for more advanced collaborative capabilities. CEO Jeff Cardenas stated that the Apollo robots will eventually be able to work alongside humans safely, performing tasks such as lifting, sorting, and transporting components.

This technology aims to make the robots more adaptable to dynamic factory environments. Apptronik believes that the versatility of humanoid robots will provide immense value by enabling a single robot to perform multiple tasks.

Apptronik AI Competition and Industry Growth

Apptronik faces stiff competition from other humanoid robot developers, including Tesla’s Optimus project and Chinese companies like Unitree and Agility Robotics. While Tesla has invested heavily in its robot development, its humanoid project remains in early-stage research.

Apptronik, however, has made strides in refining its Apollo robots, with its partnerships already demonstrating the robots’ practical applications in industrial settings. The recent funding and partnership with Google DeepMind mark major milestones for Apptronik.

Google’s Gemini Robotics AI models are now enhancing the Apollo robots’ capabilities, enabling faster, more efficient operations. Apptronik’s CEO refrained from making specific predictions about the robot’s future production timelines but indicated that they will continue refining their technology in the coming months.

The company also plans to expand its presence in Austin and open a new office in California later this year. Apptronik is focused on preparing its robots and facilities for mass production, with expectations to fulfill orders starting in 2027. B Capital’s Howard Morgan is optimistic about the future, predicting that demand for the Apollo robots will reach $1 billion in orders within a few years.

The post Apptronik Secures $520 Million Funding to Advance Humanoid Robot Production appeared first on Blockonomi.

TLDR

Cisco reports Q2 fiscal 2026 earnings Wednesday after market close with analysts expecting $1.02 EPS on $14.88 billion revenue

Stock has surged 37% over the past year fueled by AI infrastructure demand from cloud and hyperscale customers

UBS analyst forecasts Product orders to grow high single digits while AI orders may hold flat at $1.3 billion sequentially

Options market implies 6.22% post-earnings move, more than double the stock’s typical 3.01% swing

Company launched new AI networking chip Tuesday to compete directly with Broadcom and Nvidia

Cisco releases second quarter fiscal 2026 results after the bell Wednesday, February 11. The conference call follows at 4:30 pm ET.

Wall Street expects earnings per share of $1.02, up 8.5% year-over-year. Revenue estimates sit at $14.88 billion, representing 1.55% growth.

The consensus figures match Cisco’s guidance of $1.01 to $1.03 per share on $15.0 billion to $15.2 billion in revenue. With numbers aligned, investors will focus on forward guidance and AI order momentum.

CSCO stock has jumped 37% over the past year. Strong demand for AI networking infrastructure has powered the rally across cloud providers and enterprise customers.

The company announced a new AI networking chip Tuesday, positioning itself against Broadcom and Nvidia. The timing ahead of earnings suggests management wants to emphasize its AI credentials.

Analyst Expectations Point Higher

UBS analyst David Vogt maintains a Buy rating with a $90 price target. His industry checks indicate revenue could top his $15.05 billion estimate on strengthening enterprise markets.

Vogt projects Product orders rising high single digits, down from 13% growth last quarter. He conservatively expects AI orders flat sequentially at $1.3 billion, about 20% of his $6.2 billion full-year target.

Meta Platforms’ recent capex disclosure supports the AI thesis. Meta reported Q4 2025 capex of $22.1 billion, up 49% yearly, with 2026 guidance of $125 billion at the midpoint.

Cisco’s remaining performance obligations reached $42.9 billion in October, up 7.2% year-over-year. This backlog metric will signal whether AI deals continue converting to revenue.

Evercore analyst Amit Daryanani holds a Buy rating with a $100 price target. He highlighted Cisco’s Silicon One products including G200 and P200-based systems following the company’s AI Summit.

Options Activity Signals Volatility

Options traders expect a 6.22% move in either direction after earnings. That’s more than double the 3.01% average post-earnings move over the past four quarters.

The elevated implied volatility reflects investor uncertainty about AI order sustainability. Wall Street assigns a Strong Buy consensus with 10 Buy ratings and three Holds.

The average analyst price target of $91.30 implies roughly 6% upside. TipRanks’ AI Analyst rates the stock Outperform with a $96 target, citing solid fundamentals and positive technical indicators.

Cisco offers a 2.1% dividend yield. Management’s full-year fiscal 2026 guidance calls for $60.2 billion to $61.0 billion in revenue with EPS of $4.08 to $4.14.

The key questions for Wednesday’s call center on AI infrastructure momentum, enterprise spending trends, and whether management feels confident enough to raise full-year targets. Any hints of AI order delays or margin pressure could test the stock’s 37% run.

Investors will also watch for commentary on the competitive landscape after Tuesday’s chip announcement. Cisco disclosed over $2 billion in AI infrastructure orders during fiscal 2025 and has suggested the fiscal 2026 pipeline could exceed $3 billion.

The company ended Q1 with cumulative AI orders topping $2.1 billion. Converting that backlog into recognized revenue remains critical for sustaining growth and justifying the stock’s recent valuation expansion.

The post Cisco (CSCO) Stock Q2 Earnings: What to Expect from Today’s Report appeared first on Blockonomi.

TLDR

Quince Therapeutics (QNCX) shares surged over 300% Tuesday after the company hired LifeSci Capital to review strategic options

The biotech firm is exploring partnerships, mergers, acquisitions, and licensing deals to maximize shareholder value

Trading volume hit 1.1 billion shares as investors speculated on a potential buyout at a premium price

Quince develops bone-targeted drug platforms for rare disease treatments that deliver therapies directly to disease sites

The company warned no deal is guaranteed and won’t provide updates unless a transaction is approved

Quince Therapeutics shares skyrocketed Tuesday after the rare disease biotech announced it hired LifeSci Capital as its exclusive financial advisor. The stock jumped over 300% as trading volume exploded past 1.1 billion shares.

The company said it’s exploring strategic alternatives to maximize value for shareholders. Possible outcomes include partnerships, joint ventures, mergers, acquisitions, or licensing agreements.

LifeSci Capital will also help evaluate restructuring options for Quince’s liabilities. The announcement triggered a massive surge in the micro-cap stock.

Investors appear to be betting the strategic review will result in a sale of the company or its assets at a premium. This speculation drove the dramatic price movement Tuesday.

Quince focuses on developing therapies for rare diseases using its proprietary bone-targeting technology. The platform delivers treatments directly to bone fracture and disease sites.

The Technology Behind the Rally

The company’s bone-targeted drug platform can deliver small molecules, peptides, or large molecules precisely where needed. This approach promotes faster healing with reduced off-target safety risks compared to traditional therapeutics.

This specialized technology could make Quince an attractive target for larger pharmaceutical companies looking to expand their rare disease portfolios. The platform’s precision delivery system addresses a key challenge in drug development.

Quince cautioned that no transaction is guaranteed from the strategic review process. The company said it won’t provide additional updates unless its board approves a specific deal or determines disclosure is necessary.

Analyst Views and Upcoming Earnings

The stock currently holds a Buy rating from Wall Street analysts. However, recent rating changes have been mixed.

Citizens downgraded Quince to Market Perform on January 30. D. Boral Capital also cut its rating to Hold the same day.

Just one day before, D. Boral Capital maintained a Buy rating with a $5.00 price target. That target implies massive upside from current trading levels.

Quince is scheduled to report earnings on March 23. Analysts expect a loss of 21 cents per share, better than last year’s 28-cent loss.

The stock traded at $0.57 Tuesday afternoon, representing a 338% gain from the previous close. Shares had also jumped 27.2% in after-hours trading Monday when the news first broke.

The post Quince Therapeutics (QNCX) Stock Erupts 300% as Buyout Rumors Emerge appeared first on Blockonomi.

The DeFi landscape has matured significantly since the early days of yield farming and liquidity mining. In 2026, launching a decentralized finance project isn’t just about having a novel idea—it’s about execution speed and security. With the global smart contracts market projected to reach $12 billion by 2032, more teams are asking a crucial question: should we build our smart contracts from scratch, or buy production-ready code?

This guide breaks down both approaches to help you make the right decision for your project.

The Real Cost of Building From Scratch

Building custom smart contracts sounds appealing in theory. You get exactly what you want, tailored to your specifications. But the reality is often more complex.

Development Timeline

A typical DeFi protocol built from scratch takes 4-8 months to develop. This includes writing the smart contracts, building the frontend, extensive testing, and multiple audit rounds. For a DEX script similar to Uniswap, expect at least 3-4 months of dedicated development work.

Costs Add Up Quickly

Smart contract development isn’t cheap. Experienced Solidity developers command $150-300 per hour in the current market. A full-featured DeFi application typically costs $100,000 to $300,000 when accounting for development, auditing, and deployment. Even a minimal viable product often runs $40,000 or more.

Then there’s the audit. A comprehensive smart contract audit from a reputable firm costs anywhere from $10,000 for simple contracts to $100,000+ for complex DeFi protocols. Skip the audit and you’re gambling with user funds and your reputation.

The Hidden Risk

Beyond time and money, there’s the risk of getting it wrong. Smart contracts are immutable once deployed. A single vulnerability can result in catastrophic losses. The history of DeFi is littered with exploits caused by simple coding errors—reentrancy attacks, integer overflows, and access control failures have collectively drained billions from protocols.

The Buy Approach: Smart Contract Marketplaces

A newer approach has gained traction among builders who want to move fast without cutting corners. Smart contract marketplaces offer production-ready code that’s been tested, documented, and in many cases already audited.

Web3.Market is one platform that has emerged to serve this need. The marketplace offers over 500 production-ready smart contracts and dApp templates across categories like DeFi, token tools, and launch infrastructure. Instead of starting from zero, teams can purchase complete codebases and customize them for their specific use case.

What You Actually Get

When you buy from a smart contract marketplace, you typically receive:

Complete source code with full modification rights

Documentation covering setup, configuration, and deployment

Test suites to verify functionality

Multi-chain deployment support (Ethereum, BSC, Polygon, Arbitrum, Base, Solana, and others)

Commercial licensing for your project

For example, a staking platform script might cost $200-500 compared to $30,000+ to build custom. A token generator that would take weeks to develop properly can be purchased and deployed in hours.

Comparing the Two Approaches

Timeline

Building from scratch: 4-8 months minimum

Buying production-ready code: Days to weeks for customization and deployment

Cost

Building from scratch: $50,000 – $300,000+

Buying production-ready code: $200 – $2,000 for most templates, plus customization time

Security

Building from scratch: Entirely dependent on your team’s expertise. Requires independent audit.

Buying production-ready code: Established templates have been battle-tested. Many come pre-audited, though you should still verify.

Customization

Building from scratch: Unlimited flexibility

Buying production-ready code: Modify within the existing architecture. Usually sufficient for most use cases.

When Building Makes Sense

Custom development still makes sense in certain scenarios:

You’re creating genuinely novel DeFi mechanics that don’t exist yet

Your protocol requires unique architecture that can’t be adapted from templates

You have a large development team and long runway

Competitive advantage depends on proprietary technology

If you’re building the next Aave or inventing a new primitive, you probably need custom code.

When Buying Makes Sense

For the majority of projects, buying makes more sense:

You’re launching a DEX, staking platform, or token with standard mechanics

Speed to market matters more than reinventing proven patterns

Your budget is limited and better spent on marketing and liquidity

You want to validate product-market fit before investing in custom development

A presale script for your token launch doesn’t need to be revolutionary. It needs to work securely and reliably. Same goes for launchpad infrastructure, vesting contracts, and airdrop claim portals.

The Hybrid Approach

Many successful teams use a hybrid approach. They purchase production-ready templates for standard components—staking, token contracts, presale pages—and focus custom development effort on the features that actually differentiate their protocol.

This strategy offers the best of both worlds: fast time to market for commodity functionality, with resources preserved for genuine innovation.

Security Considerations

Regardless of which approach you choose, security cannot be an afterthought.

If you build custom, budget for multiple audit rounds. Engage auditors early in the development process, not just at the end.

If you buy, verify the code yourself or hire someone to review it. Look for marketplaces that offer transparency about their vetting process. Some platforms like Web3.Market provide a free smart contract audit tool that can scan for common vulnerabilities before deployment.

Never deploy to mainnet without thorough testing on testnets first. Use tools like Hardhat or Foundry to simulate various attack vectors. Consider formal verification for high-value contracts.

Making Your Decision

The buy vs build decision ultimately comes down to three factors:

1. How unique is your core mechanic?
If you’re building something genuinely new, build it. If you’re implementing proven DeFi patterns, buy.

2. What’s your timeline?
If you need to launch in weeks rather than months, buying production-ready code is the only realistic option.

3. Where should your budget go?
Smart contract development is important, but so is liquidity, marketing, and community building. Buying code lets you allocate more resources to what happens after launch.

The Bottom Line

The DeFi space moves fast. Projects that spend a year building custom smart contracts often find the market has moved on by the time they launch. Meanwhile, teams using production-ready code from platforms like Web3.Market can go from concept to mainnet in weeks.

There’s no shame in buying code. Uniswap forks power billions in trading volume. Battle-tested patterns exist for a reason. The teams that win in 2026 won’t necessarily be the ones who write every line of code themselves—they’ll be the ones who ship quality products that users actually want.

Build what’s unique. Buy what’s proven. Launch faster.

The post How to Launch a DeFi Project in 2026: Buy vs Build Smart Contracts appeared first on Blockonomi.

TLDR

Zillow achieved first GAAP profitability since 2012 with 9 cents per share on $2.58 billion revenue in 2025

Q4 revenue rose 18% to $654 million, surpassing $650.4 million analyst forecast

Stock dropped 4.5% after hours as Q1 adjusted EBITDA guidance of $160-175 million missed $183.4 million estimate

Rentals segment exploded 45% in Q4 to $168 million, driven by multifamily growth

Company projects Q1 revenue of $700-710 million versus $691.1 million consensus

Zillow Group delivered something it hadn’t accomplished in over a decade on Tuesday. The company posted its first annual GAAP profit since 2012.

#Zillow Group$ZG, Q4-25.

Results:
Adj. EPS: $0.39
Revenue: $654M
Net Income: $3M
Total For Sale revenue increased to $475M, with Rentals revenue growing to $168M. pic.twitter.com/RCiHmH0ueh

— EarningsTime (@Earnings_Time) February 10, 2026

Wall Street wasn’t buying it. The stock tumbled 4.5% in after-hours trading.

The housing platform earned 9 cents per share on $2.58 billion in revenue for 2025. Analysts had penciled in 7 cents per share. Fourth quarter performance looked even better with revenue climbing 18% to $654 million against a $650.4 million estimate.

The company flipped from a $52 million loss to a $3 million profit in Q4. CEO Jeremy Wacksman said Zillow hit all its full-year targets while capturing market share in home sales and rentals.

So why did investors bail? Guidance tells the story.

Profit Margins Fall Short of Expectations

Zillow expects first quarter revenue between $700 million and $710 million. That beats the $691.1 million Street forecast handily. But adjusted EBITDA guidance of $160 million to $175 million came up short of the $183.4 million analysts wanted.

That margin miss spooked investors despite the revenue beat. The company warned that challenging housing market conditions will persist through Q1.

For full-year 2026, management sees mid-teens revenue growth with rentals expanding roughly 30%. Those projections could prove conservative if housing activity picks up.

Diversification Strategy Gains Momentum

The home listings portal most consumers know represents only half the business now. Agent software, mortgages, and rentals make up the rest.

Residential revenue grew 7% in 2025. Mortgages jumped 37%. But rentals stole the show with 39% annual growth.

In Q4 alone, rentals revenue rocketed 45% to $168 million. Multifamily offerings drove most of that expansion. Traffic metrics reinforced the growth story with average monthly unique users rising 8% to 221 million.

CFO Jeremy Hofmann told Barron’s the company feels protected against AI disruption. He cited Zillow’s integrated platform and industry knowledge as competitive moats.

The shareholder letter expanded on that theme. Real estate is “highly regulated, deeply local, and centered on licensed professionals,” executives wrote. Those factors make general-purpose AI disruption difficult.

Legal Headwinds Persist

Zillow faces ongoing legal challenges including an FTC complaint over its Redfin rentals partnership. Management expects legal expenses to hit Q1 adjusted EBITDA margins by 200 basis points.

The company maintains confidence in its legal positions and doesn’t anticipate material long-term financial impact. Zillow stock has dropped over 20% in 2026 as tech sector volatility and AI concerns weighed on shares.

For Q1, the “for sale” segment should match or slightly exceed Q4 growth rates. Rentals revenue is projected to grow around 40%.

The company expects “for sale” revenue to track in line with or slightly above Q4 performance while rentals maintain momentum with 40% growth projected for the quarter.

The post Zillow (ZG) Stock Posts Best Quarter in Years Then Tumbles After Hours appeared first on Blockonomi.

TLDR

S&P Global (SPGI) stock fell 7.7% Tuesday after the company missed Q4 earnings expectations and issued weak 2026 guidance.

Adjusted earnings came in at $4.30 per share versus the $4.33 consensus estimate.

Q4 revenue increased 9% to $3.92 billion, matching analyst forecasts.

The company projects 2026 adjusted EPS of $19.40-$19.65, missing Wall Street’s $19.96 target.

Analysts highlighted concerns about the Ratings division’s 4-7% growth outlook and declining free cash flow.

S&P Global stock suffered a sharp decline Tuesday as investors reacted poorly to mixed quarterly results and a disappointing outlook for 2026.

$SPGI (S&P Global) #earnings are out: pic.twitter.com/LH9QFkawy7

— The Earnings Correspondent (@earnings_guy) February 10, 2026

The financial information provider reported fourth-quarter adjusted earnings of $4.30 per share. That narrowly missed Wall Street’s consensus of $4.33.

Revenue for the quarter climbed 9% to $3.92 billion. The number aligned perfectly with analyst expectations.

Full-year adjusted EPS reached $17.83, marking 14% growth from the previous year. However, the company’s forward projections raised serious questions about future performance.

Growth Slowdown Ahead

S&P Global expects 2026 revenue growth to slow to a range of 6.6% to 8.6%. That represents a notable deceleration from recent trends.

The company forecast adjusted earnings of $19.40 to $19.65 per share for 2026. That implies growth of approximately 9.5%, well below last year’s 14% rate.

The guidance fell short of the Street’s $19.96 consensus estimate by a considerable margin.

BMO Capital analyst Jeffrey Silber noted the company faced elevated expectations heading into the report. He expressed particular concern about the Ratings division.

The Ratings segment is expected to deliver just 4-7% organic constant currency growth. Many investors had anticipated stronger performance given expected issuance activity.

Stifel analyst Shlomo Rosenbaum characterized the results as “mixed” and predicted continued stock weakness. He cited lower-than-expected free cash flow as a key issue.

Rosenbaum observed that three of the four operating units projected revenue growth below previously established strategic targets. The guidance also came in beneath medium-term goals outlined at the company’s December investor event.

CEO Remains Optimistic Despite Market Reaction

CEO Martina Cheung tried to emphasize the positive aspects of the quarter. “We delivered a strong quarter driven by performance in all divisions, momentum in private markets, and expansion with our CCO clients,” she said.

Cheung touted the company’s AI integration as “a leap forward for our clients and the business.” She maintained confidence in S&P Global’s strategic direction and business model resilience.

The market response suggested investors remain skeptical.

Shares dropped 6.6% in midday trading to $415 each. Early trading saw declines approaching 18%.

The stock has now fallen into bear market territory, down more than 20% from recent highs. The information services sector has faced headwinds from AI-powered tools entering the financial data market.

Competitors also felt the pressure. MSCI shares fell 4.15% while other financial data companies traded lower.

The weak guidance compounds recent losses in information services stocks. AI chatbots tailored for legal and financial applications have raised questions about long-term competitive dynamics.

S&P Global’s 2026 forecast calls for revenue growth of 6.6% to 8.6% and adjusted EPS between $19.40 and $19.65 per share.

The post S&P Global (SPGI) Stock Falls 7.7% After Missing Earnings Estimates appeared first on Blockonomi.

TLDR

JPMorgan slashed Coinbase price target 27% to $290 ahead of Q4 earnings Thursday, citing weak crypto volumes and USDC slowdown

Stock has crashed over 50% since bitcoin’s October high, losing 27% year-to-date as crypto market tumbles

Analysts project Q4 EBITDA drop to $734M from $801M with subscription revenue missing $710M-$790M guidance range

CFO Alesia Haas unloaded $56.5M in shares February 6 through pre-arranged trading plan

Barclays and Compass Point warn retail trading and blockchain rewards will disappoint investors

Coinbase stock is getting hammered ahead of its fourth-quarter earnings report Thursday. JPMorgan just cut its price target by over a quarter. The crypto exchange now trades at $165, down 27% in 2026.

JPMorgan analyst Ken Worthington dropped his December 2026 target to $290 from $399. He still rates the stock Overweight, implying 75% upside potential. But that’s cold comfort for shareholders watching their holdings evaporate.

The stock has lost more than half its value since bitcoin peaked above $126,000 in early October. The broader crypto selloff has crushed Coinbase’s business model.

Revenue and Earnings Face Steep Decline

Worthington expects adjusted EBITDA of $734 million for Q4. That’s down sharply from $801 million in Q3. Weak trading volumes and falling crypto prices are the main drivers.

The analyst models spot crypto trading volume at $263 billion for the quarter. USDC stablecoin revenue is projected at just $312 million as circulation declines.

Deribit provides limited relief. The derivatives exchange Coinbase bought in August should contribute around $117 million. That helps push total transaction revenue to $1.06 billion, barely above last quarter’s $1 billion.

The subscription and services business looks worse. JPMorgan expects $670 million, well below guidance of $710 million to $790 million. Lower crypto prices, weak staking yields and slow USDC growth are all taking a toll.

Barclays sits 10% below consensus on EBITDA estimates. Analyst Benjamin Budish points to softer retail trading based on Robinhood data. He estimates Coinbase volume at $261 billion.

Robinhood’s retail crypto volumes dropped 15% quarter-over-quarter. Those numbers typically track Coinbase closely, suggesting trouble ahead.

Insider Sale Raises Eyebrows

Compass Point analyst Ed Engel takes the most bearish stance. He expects subscription revenue to disappoint and confirms overall revenue remains tied to crypto prices.

Engel also flags January trading revenue as potentially the weakest retail engagement since Q3 2024. That doesn’t bode well for the current quarter either.

CFO Alesia Haas sold $56.5 million worth of shares on February 6. The sale involved 362,600 shares at prices between $152.10 and $156.72.

The transaction used a pre-arranged 10b5-1 trading plan. Haas sold to cover taxes and fees from stock option exercises. She exercised options on 78,433 shares at $18.13 and 617,668 shares at $6.97.

She also converted 617,668 Class B shares into Class A. The timing, just days before earnings, catches attention despite the pre-arranged nature.

Key Questions for Management

Investors want answers on several fronts Thursday. Early 2026 trading activity tops the list. Management needs to explain whether January weakness persists into February.

USDC revenue sustainability remains unclear. Can stablecoin income stabilize or will it keep declining with lower circulation?

Deribit’s contribution matters too. The derivatives platform needs to prove it can offset spot market volatility. Otherwise, Coinbase remains too dependent on crypto price swings.

The earnings call happens Thursday after market close. Current analyst estimates suggest a rough quarter with limited visibility for improvement.

The post Coinbase (COIN) Stock Sinks as Wall Street Slashes Targets Before Earnings Thursday appeared first on Blockonomi.

TLDR

Spotify stock surged 15% Tuesday after reporting Q4 earnings of 4.43 euros per share versus analyst expectations of 2.74 euros.

Monthly active users increased 11% year-over-year to 751 million, beating the FactSet estimate of 744.7 million users.

Premium subscribers reached 290 million despite price hikes in the U.S. to $12.99 monthly and €11.99 in international markets.

The company’s 2025 Wrapped feature attracted 300 million users and generated 630 million social media shares, setting new records.

Q1 revenue guidance of 4.5 billion euros missed analyst forecasts of 4.58 billion due to foreign exchange pressures.

Spotify shares jumped 15% Tuesday after the streaming company delivered impressive fourth-quarter results that exceeded Wall Street expectations. The stock reached $489.72, marking the company’s largest single-day percentage gain in its trading history.

The audio streaming platform reported Q4 earnings of 4.43 euros per share, crushing the analyst consensus of 2.74 euros. Revenue came in at 4.53 billion euros, slightly above the 4.52 billion euro estimate.

Monthly active users grew 11% from the prior year to 751 million. The figure surpassed FactSet’s projection of 744.7 million users.

$SPOT (Spotify Technology) #earnings are out: pic.twitter.com/gYdbUQOQu1

— The Earnings Correspondent (@earnings_guy) February 10, 2026

Premium subscribers climbed 10% to 290 million. The growth persisted despite Spotify raising subscription prices across multiple regions throughout the past year.

The company increased U.S. premium pricing to $12.99 per month in January from $11.99. International markets saw prices rise to €11.99 from €10.99 in August 2025 across South Asia, the Middle East, Africa, Europe, and Latin America.

Record User Additions Drive Growth

Co-CEO Alex Norström called the quarter’s user additions the highest ever recorded in a single period. He attributed the growth to strong performance in Latin America and Europe, plus improvements to the mobile free tier.

Ad-supported users totaled 476 million, topping StreetAccount’s estimate of 468.9 million.

Net income jumped to 1.17 billion euros, or 4.43 euros per share, from 367 million euros, or 1.76 euros per share, in the same quarter last year.

The company’s gross profit margin reached 33.1%, beating Wall Street’s 32.9% forecast.

Wrapped Campaign Achieves Milestone Results

Spotify’s annual Wrapped feature hit record engagement in 2025. Over 300 million users interacted with their personalized year-end listening statistics.

The campaign produced more than 630 million social media shares. Spotify described it as the most successful Wrapped launch in the feature’s history.

The platform expanded beyond music during the quarter. Audiobooks became available in Denmark, Finland, Sweden, Monaco, and Iceland.

Premium subscribers receive 15 hours of audiobook listening each month. The company also announced U.S. and U.K. users will be able to purchase physical books through the Spotify app via Bookshop.org later this spring.

Spotify introduced music videos for premium members and rolled out additional AI-powered tools in Q4. Norström said leading publishers credited the platform with attracting new audiobook listeners and driving double-digit growth in the category.

For the current quarter, Spotify expects monthly active users to reach 759 million, above the FactSet estimate of 752.4 million. Premium subscribers are forecast at 293 million.

Revenue guidance for Q1 stands at 4.5 billion euros. The projection fell short of analyst estimates of 4.58 billion euros due to a 670 basis point headwind from foreign exchange rates.

Spotify forecasts a Q1 gross margin of 32.8%, higher than Wall Street’s 32.1% estimate. The stock had dropped 21% over the previous 12 months before Tuesday’s rally as concerns about revenue growth deceleration weighed on shares.

The post Spotify (SPOT) Stock Soars 15% on Strong Earnings and User Metrics appeared first on Blockonomi.

TLDR

Kyndryl stock plunged 55% to $10.59 Monday following the departure of CFO David Wyshner, General Counsel Edward Sebold, and Global Controller Vineet Khurana

The company revealed an SEC accounting review and material weaknesses in internal financial controls

Fiscal 2026 revenue guidance was slashed to a 2-3% decline from prior 1% growth expectations, while free cash flow forecast dropped to $350 million from $550 million

Guggenheim downgraded shares to Neutral and withdrew its price target citing uncertainty around the company’s path forward

J.P. Morgan issued a rare double-downgrade to Underweight while Oppenheimer cut its rating to Perform

Kyndryl Holdings shocked investors Monday with a perfect storm of bad news. The IT infrastructure company watched its stock crater 55% to $10.59 in a single trading session.

Three top executives walked out the door. CFO David Wyshner, General Counsel Edward Sebold, and Global Controller Vineet Khurana all left their positions. Khurana moved to a lesser role as senior vice president of business operations.

The executive exodus wasn’t the worst part. Kyndryl disclosed it was responding to voluntary document requests from the Securities and Exchange Commission regarding accounting practices.

The company admitted material weaknesses in internal controls over financial reporting. Management promised a remediation plan but provided zero specifics. More information will arrive in a delayed quarterly filing.

Analysts Pull the Plug

Guggenheim Partners analyst Jonathan Lee downgraded Kyndryl to Neutral from Buy. The firm pulled its price target completely. Lee said the announcements raised more questions than they answered.

“We expect investors to continue questioning execution and credibility until management provides an update on material weaknesses,” Lee wrote.

J.P. Morgan delivered a brutal double-downgrade, slashing its rating to Underweight from Overweight. Oppenheimer dropped coverage to Perform from Outperform. The message from Wall Street is clear: stay away.

The stock managed a 5% bounce Tuesday to $11.12. But shares still sit down 58% year-to-date and 73% over the past year. That minor recovery hasn’t changed analyst sentiment.

Guidance Gets Gutted

Kyndryl’s financial outlook deteriorated sharply. The company now expects fiscal 2026 revenue to fall 2% to 3%. Previous guidance called for 1% growth.

Free cash flow projections took an even bigger hit. Management slashed estimates to $350 million from $550 million. That represents a 36% cut to expected cash generation.

The revised numbers cast serious doubt on Kyndryl’s 2028 target of $1 billion in adjusted free cash flow. Investors need proof that management can execute before believing in long-term goals again.

Third-quarter results disappointed across the board. Revenue declined faster than expected. Margins compressed. The IBM spinoff continues struggling to find its footing.

What Happens Next

The SEC review timeline remains unknown. Kyndryl hasn’t said when it expects to complete the accounting assessment. Investors face months of uncertainty about potential financial restatements.

Lee emphasized that restoring credibility requires concrete action. Management needs to demonstrate tangible progress on multiple fronts. Words won’t cut it anymore.

The delayed quarterly filing should provide more details about internal control weaknesses and remediation plans. Until that document arrives, uncertainty will dominate the stock.

Kyndryl’s client base consists largely of legacy IT infrastructure contracts. These generate steady revenue but offer limited growth. Competition from cloud providers adds pressure.

Management turnover compounds existing operational challenges. New executives need time to assess the business and implement changes. Any turnaround just got pushed further out.

The company bet on managed services and consulting for growth. But winning new business has proven difficult. Many customers prefer building internal capabilities or using established cloud platforms.

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