Market Signal Briefing

QIANJIANG, CHINA - FEBRUARY 15: In this photo illustration, a smartphone displays the logo of Salesforce, Inc. (NYSE: CRM), an American cloud-based software company specializing in customer relationship management (CRM) solutions and enterprise cloud computing services, in front of a screen showing the company's latest stock market chart on February 15, 2026 in Qianjiang, Hubei Province, China. (Photo illustration by Cheng Xin/Getty Images)

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Salesforce (CRM) has faced challenges in the past. Its stock has fallen over 30% within a period of less than 2 months on two occasions in recent years, erasing billions in market value and eliminating significant gains in just one correction. If past trends are any indication, CRM stock is not safeguarded against abrupt and severe declines.

In particular, we identify these risks:

Agentforce AI Platform's Profitability MirageSlowing Core Business Growth and Increasing CompetitionOngoing Shareholder Dilution through High Stock-Based CompensationRisk 1: Agentforce AI Platform’s Profitability MirageDetails: Devaluation linked to inability to achieve profitable AI growthSegment Affected: Agentforce 360 PlatformPotential Timeline: Next 2-4 QuartersEvidence: Aggressive acquisition of 10 companies over six months to develop Agentforce, indicating high integration expenses and complexity; Analyst concerns about the speed of AI revenue generation and a "modest" initial revenue effect from Agentforce.Risk 2: Slowing Core Business Growth and Increasing CompetitionDetails: Revenue growth in core clouds slowing to high single-digits; Pricing pressure from Microsoft Dynamics 365 and ServiceNow leading to decreased average selling pricesSegment Affected: Sales Cloud and Service CloudPotential Timeline: Immediate and continuing through 2026Evidence: Revenue growth of 9% in Q3 2026, indicating a continued slowing from historical levels; Increased references to competitive challenges from Microsoft and ServiceNow in analyst reports and market comparisons throughout 2025 and early 2026Risk 3: Ongoing Shareholder Dilution through High Stock-Based CompensationDetails: Lower GAAP earnings per share despite non-GAAP exceeds; Erosion of shareholder value as a significant part of revenue is allocated to employees, not investorsSegment Affected: Overall Company FinancialsPotential Timeline: OngoingEvidence: Stock-based compensation of $805 million in Q3 2026, accounting for around 8% of quarterly revenue; Analyst commentary pointing out high stock-based compensation as a long-term concern, particularly amid slowing growth.What Is The Worst That Could Happen?When assessing risk, it’s useful to consider how CRM performs during major sell-offs. It dropped 70% during the Global Financial Crisis, 59% in the Inflation Shock, and 36% during Covid. Even less severe incidents like the 2018 correction erased nearly 25% from its peak.

However, stocks can decline even when markets are flourishing – consider events like earnings reports, business updates, and changes in outlook. Read CRM Dip Buyer Analyses to find out how the stock has bounced back from significant dips in the past.

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Is Risk Showing Up In Salesforce’s Financials Yet?Revenue Growth: 8.4% LTM and 10.0% last 3-year average.Cash Generation: Nearly 32.0% free cash flow margin and 22.0% operating margin LTM.Valuation: Salesforce stock trades at a P/E multiple of 23.4CRM Stock Key Fundamentals vs. S&P Medians

Trefis

*LTM: Last Twelve Months

If you would like more details, read Buy or Sell CRM Stock.

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NEW YORK, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Gainey McKenna & Egleston announces that a securities class action lawsuit has been filed in the United States District Court for the Northern District of California on behalf of all persons or entities who purchased or otherwise acquired Navan, Inc. (“Navan” or the “Company”) (NASDAQ: NAVN) securities on October 31, 2025 initial public offering (the “IPO”).

The Complaint alleges that according to the offering documents, Navan’s business had “experienced rapid growth,” and the Company’s solutions catered to “customers of all sizes across any industry vertical.” The Complaint alleges that consequently, the Company’s revenue “grew 33% year-over-year” from 2024 to 2025, its Gross Booking Volume (“GBV”) “grew 32% year-over-year” from 2024 to 2025, and its “usage yield” was “approximately 7%” in each of those years as well.

The Complaint alleges that unbeknownst to investors, however, at the time of the IPO, the Company had increased its “sales and marketing” expenses by 39% for the quarter ending October 31, 2025 ($95 million) – which was also the same day as the IPO – compared to the quarter ending July 31, 2025 ($68.5 million).

The Complaint states that as these true facts emerged after the offering, the Company’s shares fell sharply. By the commencement of this action, Navan’s shares traded as low as $10.45 per share, a decline of nearly 60% from the offering price.

Investors who purchased or otherwise acquired shares of Navan should contact the Firm prior to the April 24, 2026 lead plaintiff motion deadline. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to discuss your rights or interests regarding this class action, please contact Thomas J. McKenna, Esq. or Gregory M. Egleston, Esq. of Gainey McKenna & Egleston at (212) 983-1300, or via e-mail at [email protected] or [email protected].

Please visit our website at http://www.gme-law.com for more information about the firm.

Chengdu, China, Feb. 24, 2026 (GLOBE NEWSWIRE) -- JIADE LIMITED (Nasdaq: JDZG) (“JIADE” or the “Company”), a provider of one-stop comprehensive education support services for adult education institutions through its subsidiaries in the People’s Republic of China, today announced that it entered into a non-binding strategic cooperation memorandum of understanding (“MOU”) on February 24, 2026 with Chinalink Education Group (“Chinalink”), a South Korea–based education brand specializing in artificial intelligence (AI)-empowered educational and cultural exchange programs, to explore cross-border investment opportunities in high-growth technology sectors.

This initiative is intended to build upon the Company’s previously announced cross-border cooperation framework with Chinalink and reflects JIADE’s continued efforts to expand its international presence and engage with technology-driven growth opportunities.

The MOU outlines the parties’ intention to establish a Korea–U.S.–focused collaboration aimed at identifying and investing in Korean technology enterprises with scalable business models and international expansion potential, including companies that are listed, may pursue listing, or may be preparing for a potential U.S. initial public offering as part of their long-term growth strategies.

Under the proposed framework, the parties intend to:

explore the formation of a strategic capital pool of up to US$5 million to support equity investments in selected Korean technology companies;focus on AI-integrated industries, including intelligent robotics, such as smart cleaning robotics, elderly care and healthcare robotics, security and surveillance robotics, and commercial AI service robotics;consider potential investments in AI-powered education platforms, including adaptive learning systems, intelligent tutoring platforms, AI language and cognitive training technologies, and cross-border digital education infrastructure; andestablish a joint investment review mechanism to evaluate potential projects and oversee capital deployment. The collaboration is intended to support companies with strong fundamentals and global growth potential, including those that may pursue international capital market opportunities. The MOU reflects the parties’ current intentions and does not constitute a legally binding investment commitment. Any investment will be subject to further negotiation and the execution of definitive agreements.

“This strategic cooperation may provide opportunities for us to broaden our cross-border investment reach and engage with innovative technology companies in South Korea,” said Yuan Li, Chairman of the Board of Directors and Co-Chief Executive Officer of JIADE LIMITED. “We believe that combining capital resources with technology-driven growth opportunities can create long-term value.”

About JIADE LIMITED

JIADE LIMITED (Nasdaq: JDZG) provides one-stop comprehensive education support services for adult education institutions in China. Through its subsidiaries, the Company offers software-driven and service-based solutions centered around the Kebiao Technology Educational Administration Platform (“KB Platform”), which streamlines enrollment, student management, learning progress tracking, grade inquiry, and graduation management. JIADE also provides auxiliary services such as pre-enrollment guidance, exam training, application support, tutoring, and exam administration. To date, the Company has supported more than 17 adult education institutions and approximately 80,000 students across China.

Forward-Looking Statements

This press release contains forward-looking statements. These statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and assumptions regarding future events. Forward-looking statements can be identified by words such as “expects,” “plans,” “intends,” “believes,” “may,” “would,” “should,” “could,” “will,” “approximates,” “assesses,” “hopes,” “anticipates,” “estimates,” “projects,” and similar expressions. Actual results may differ materially due to various factors. The Company undertakes no obligation to update any forward-looking statements, except as required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s filings with the U.S. Securities and Exchange Commission.

For more information, please contact:
JIADE LIMITED
Investor Relations Department
Email: [email protected]

Investor Relations Firm
WFS Investor Relations Inc.
Email: [email protected] 
Phone: +1 (628) 283-9214

Warner Bros. Discovery  said Tuesday it was considering a new bid from Paramount Skydance without disclosing the value of the deal, as the CBS owner makes a last-ditch effort to thwart Netflix from buying the coveted Hollywood studio.

The latest offer is higher than Paramount’s previous bid of $30 per share in cash, or $78 billion including debt, for the whole of Warner Bros., a source familiar with the matter told Reuters on Monday.

The offer followed a week of talks between the companies to address concerns that prompted the HBO parent to reject previous Paramount bids in favor of Netflix’s $27.75 per share, or $72 billion, deal for its studio and streaming assets.

Paramount CEO David Ellison, believes the company has a clearer path to US regulatory approval for a Warner Bros. deal because of its close ties to the Trump administration. REUTERS “The Netflix merger agreement remains in effect and the Board continues to recommend in favor of the Netflix transaction,” Warner Bros. said in a statement.

Paramount said it had submitted a revised bid, while Netflix did not immediately respond to a request for comment.

Netflix shares were up nearly 1% in early trading, while Warner Bros. gained 0.8% and Paramount was little changed.

MoffettNathanson analysts have said an offer in the range of $34 per share from Paramount would end the bidding war and “avoid further debate over Discovery Global’s value.”

Discovery Global could fetch between $1.33 per share and $6.86 a share, according to Warner Bros. estimates.

If Warner Bros. decides the new Paramount bid is superior to the Netflix deal, the streaming pioneer will have four days to respond, according to the agreement announced in December.

Paramount’s offer followed a week of talks between the companies to address concerns that prompted the HBO parent to reject previous Paramount bids in favor of Netflix’s  $72 billion deal for its studio and streaming assets. REUTERS High stakes battle for Hollywood’s crown jeweI Either deal will reshape the power structure of Hollywood by handing the suitor one the industry’s most coveted studios and an extensive content library, as well as major franchises such as “Game of Thrones,” “Harry Potter” and DC Comics.

Netflix has ample cash and could bump up its offer for HBO Max owner.

The company has argued its deal offers better value to investors in part due to a spin off of the Warner Bros. cable assets before the acquisition.

Paramount, which has offered to buy the whole of Warner Bros. including the TV assets, believes that the cable assets are almost worthless.

Paramount, which has offered to buy the whole of Warner Bros. including the TV assets, believes that the cable assets are almost worthless. REUTERS The CBS owner, led by CEO David Ellison, believes it has a clearer path to US regulatory approval for a Warner Bros. deal because of its close ties to the Trump administration.

To reassure investors, it has offered to cover the $2.8 billion fee Warner Bros would owe Netflix if that deal is scrapped and to pay roughly $650 million more in cash for each quarter the deal fails to close after this year.

Warner Bros.’ renewed talks with Paramount also follow pressure from Ancora Holdings after the activist investor built a roughly $200 million stake in the HBO owner and accused the company of failing to adequately engage with Paramount.

Netflix boss Ted Sarandos with WBD CEO David Zaslav at January’s Golden Globes. REUTERS The investor criticized the Warner Bros. board for agreeing to an inferior deal and gambling on an uncertain spinoff. It plans to vote against the Netflix deal if Warner Bros. refused to re-enter discussions with Paramount.

Warner Bros. shareholders said earlier this month it would hold a shareholder vote on the Netflix deal on March 20.

The world’s largest crypto exchange has listed a batch of tokenized U.S. equities issued by Ondo Finance on its Binance Alpha platform, reviving stock trading push. Feb 24, 2026, 2:22 p.m.

Binance, the world’s largest crypto exchange by trading volume, is returning to offer tokenized stocks nearly five years after shelving a similar product under regulatory pressure.

The exchange has teamed up with tokenization specialist Ondo Finance to list 10 tokenized U.S. stocks, ETFs and commodity-linked products on the Binance Alpha platform, the companies said in a Tuesday press release.

STORY CONTINUES BELOW

Binance Alpha is a platform within Binance Wallet, the exchange's crypto wallet service, that allows users to trade early-stage, riskier crypto projects before listing them on the centralized spot marketplace.

The lineup includes blockchain-based token versions of Apple, Google, Tesla and Nvidia shares, along with the Invesco's Nasdaq-tracking QQQ ETF.

The tokenized stocks are not available to users in the United States.

"Our users now have even more convenient ways to explore and trade tokenized stocks, in line with our mission to offer innovative and accessible trading opportunities," Jeff Li, Binance's vice president of product, said in a statement.

The move marks a comeback for Binance, having offered tokenized stocks in April 2021 with Tesla and later added Coinbase, Strategy, Microsoft and Apple, before shutting the service after scrutiny from the U.K.’s Financial Conduct Authority and Germany’s BaFin.

Last month, Binance said it was weighing a fresh push into tokenized equities. Listing the Ondo-issued tokens on the platform now puts that plan into action.

Tokenized stocks have gained traction across crypto and traditional finance, with sector’s total value is approaching $1 billion, led by Ondo’s more than $550 million in locked value and $11 billion in cumulative trading volume since September 2025.

Trading venues such as Kraken, Bybit and Gemini and brokerages like Robinhood rolled out their versions of tokenized equities trading. Wall Street exchanges such as Nasdaq and the New York Stock Exchange (NYSE) also laid out plans to offer trading with stocks tokens.

Blockchain-based stocks can widen investor access, especially to retail users in developing countries without easy access to brokerage accounts offering U.S. stocks, proponents say. The tokens can also serve as collateral for borrowing in decentralized finance (DeFi).

Read more: NYSE's 24/7 plan could fix key problem for stock tokens, Ondo's de Bode says

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Coinbase adds stock, ETF trading as it expands beyond crypto

37 minutes ago

The move pits Coinbase against Robinhood as it pushes to become an “everything exchange.”

What to know:

Coinbase introduced stock and ETF trading for all U.S. users, allowing 24/5 equities trading alongside crypto on the platform.Expanding beyond crypto deepens competition with Robinhood and could help loosen the tie between Coinbase shares and the price of bitcoin.The expansion builds on Coinbase’s December “everything exchange” plan and follows the recent debut of its predictions market.

Crypto markets are under pressure once more. Bitcoin is hovering near $62,900, Ethereum is trading around $1,800, and XRP has slipped toward $1.32. The total crypto market cap has dropped to roughly $2.18 trillion, with fear back at extreme levels.

But this time, the conversation is not just about macro conditions or rate policy. A new court filing has brought back a controversial name, Jane Street, and reignited online claims about “10 AM manipulation” in crypto markets.

The Terra Collapse AllegationsIn a lawsuit filed in U.S. District Court, Jane Street is accused of using insider information during the May 2022 collapse of TerraUSD (UST). The complaint alleges that after Terraform Labs reduced liquidity in Curve’s 3pool and withdrew 150 million UST, Jane Street sold 85 million UST into the thinner pool just minutes later.

That trade, according to the lawsuit, helped trigger a chain reaction that ultimately wiped out $40 billion in value and forced Terraform to deploy its Bitcoin reserves to defend the peg.

Jane Street has denied wrongdoing, and these claims remain allegations. Still, the filing has reopened old wounds across the crypto industry.

From Terra to ‘10 AM Manipulation’In crypto circles, Jane Street has often been mentioned in connection with what traders call the “10 AM move” — a recurring pattern where Bitcoin experiences sharp price swings around U.S. market open hours.

While no formal findings have linked Jane Street to systematic manipulation, critics argue that large institutional market makers have the scale and liquidity access to influence short-term price action, especially in thinner conditions.

Now, with the Terra lawsuit resurfacing, some traders are connecting dots. The narrative gaining traction online is simple: if a firm could allegedly capitalize on fragile liquidity during Terra’s collapse, could similar tactics be influencing markets today?

Correlation or Coincidence?It is important to separate speculation from evidence. Terra’s collapse happened in 2022. Today’s crypto weakness is occurring under very different conditions — tighter global liquidity, risk-off sentiment, and regulatory uncertainty.

However, the latest scrutiny around Jane Street highlights a broader concern within crypto markets: the growing influence of institutional players. As crypto matures, market-making firms play a larger role in price discovery. That can mean tighter spreads — but also sharper moves during periods of stress.

Market RealityAt the time of writing, Bitcoin is down nearly 5% on the week, Ethereum has fallen close to 9%, and XRP is also under pressure. The Fear & Greed Index sits at 11, signaling extreme fear.

Are current declines tied to institutional positioning? Or simply the natural ebb and flow of a risk-driven asset class?

For now, there is no proof linking today’s volatility to any coordinated action. But the timing of this lawsuit has reignited a narrative that refuses to disappear.

Who would have thought that the same entity accused in court filings over the Terra collapse would also be at the center of ongoing “10 AM manipulation” debates?

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The founder and CEO of Coin Bureau, Nic Puckrin, seems to expect the Bitcoin bottom to come soon. He shared important analytics data to back his statement.

Bitcoin has never been so oversold, he claims.

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Bitcoin extremely oversoldPuckrin shared a Bitcoin chart from the Bitstamp exchange, showing that BTC RSI has dropped to 25.6, marking the lowest level in the history of this digital asset. This level is even lower than it was in 2022 when 3AC and Luna collapsed, triggering a massive bloodbath on the market. Back then, the RSI dropped to 28. It was followed by the bankruptcy of the FTX exchange later that year.

The Coin Bureau CEO believes that Bitcoin may fall lower, however, he feels certain that “a bottom could be coming soon.”

First time in Bitcoin's history.

According to the weekly RSI, this is the most oversold it has ever been.

It currently sits at 25.6 which is lower than the previous record low level back after 3AC / Luna crash.

More downside is likely, but a bottom could be coming soon. pic.twitter.com/D2IVJUJk3w

— Nic (@nicrypto) February 24, 2026 Bitcoin currently 50% down from ATHThis year, the world’s largest cryptocurrency has declined by approximately 50% from its historic peak of $126,000 reached in October last year. Over the past 24 hours, BTC has lost another 6.46%, falling from above $67,000 to $63,285 per coin.

Recent data shared by CryptoQuant reveals one of the core reasons behind Bitcoin’s recent collapse. The data comes from the largest U.S. crypto exchange as its premium has failed to recover despite the temporary rise. The Coinbase Premium Index’s 30-minute SMA has briefly managed to rise above zero but then went back down. It has remained negative for nearly 40 days in succession.

Coinbase Premium SMA-30 Rejection Above Zero Emerges as Potential Trigger for Bitcoin Slide

“This lack of sustained recovery in the premium, despite the temporary uptick, is considered a potential trigger for the recent downward price action.” – By @nino_trade pic.twitter.com/LtM9EpQ9ro

— CryptoQuant.com (@cryptoquant_com) February 24, 2026 Historically, this pattern has preceded big Bitcoin price declines, reflecting the growing hesitation of financial institutions. It also indicates that a further downfall is possible amid broader market volatility.

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Technical analysis of the BTC.D chart is pointing to a tip in balance that might lead to a crash in Bitcoin’s crypto market cap dominance. 

Analysts on X are pointing to signals on the Bitcoin dominance chart that could precede a sharp downward move, one that could have a massive effect on how liquidity rotates into the altcoin market. The latest outlook came from crypto analyst Cryptoinsightuk, who highlighted the current state of the weekly Bollinger Bands indicator on the BTC.D chart as a reason why BTC’s dominance is about to experience a massive crash.

Weekly Bollinger Bands Flash 2017-Style Setup According to CryptoInsightsuk, the current compression and positioning of the Bollinger bands resemble conditions seen in March 2017, a period that preceded a rapid decline in Bitcoin dominance and the start of a powerful altcoin rally season.

The weekly candlestick chart shows Bitcoin dominance pressing near the mid-to-upper Bollinger Band region around 59%, with the bands now tightening. In previous cycles, particularly in 2017, a similar band structure led to a high-velocity crash that pushed BTC’s dominance downwards for many weeks. This is visible in the grey zone labelled in the chart below as the “Previous ALT Season Start Point.”

Source: Chart from CryptoInsightsuk on X According to the analyst, this tightening of Bollinger Bands is expected to result in a downward move that pushes the BTC dominance to the mid-30%. This is highlighted in the chart below as a target range between 30% and 35%, with a mid-level of 33.5%.

Liquidity Rotation And The Altcoin Effect Another crypto analyst known as Bird responded to the analysis with a note that charts are pointing to a violent move down in Bitcoin dominance. As noted by the analyst, violent downward moves in BTC.D have always coincided with aggressive liquidity rotation into altcoins. A quick drop in Bitcoin’s market share is due to more capital flowing into the altcoin market than into BTC.

In the analyst’s view, once dominance breaks convincingly, major cryptocurrencies such as Ethereum and XRP will start to gain meaningful market share. Bird specifically noted that XRP may be positioned for a strong move through March and beyond, citing reasons of ongoing infrastructure development tied to Ripple’s ecosystem.

That said, predictions of a crash in BTC dominance are not new. Market participants have been anticipating the start of a full-scale altcoin season for the past several months. However, Bitcoin’s dominance has held steady, even during periods of price crashes. This is because periods of outflows from Bitcoin have always led to corresponding outflows from other cryptocurrencies.

At the time of writing, Bitcoin is currently at 57.7%, down by 1.34% in the past 24 hours. A breakout above the prior alt-season start zone in the 60% range could invalidate the bearish thesis and extend Bitcoin’s control further into 2026.

BTC trading at $63,132 on the 1D chart | Source: BTCUSDT on Tradingview.com Featured image from Pixabay, chart from Tradingview.com

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United Kingdom-listed Bitcoin treasury firm The Smarter Web Company has secured a $30 million Bitcoin-backed credit facility from Coinbase Credit. The facility is secured against Bitcoin held in custody with Coinbase. 

The company said Tuesday the facility is designed to help it deploy capital into Bitcoin (BTC) immediately after equity raises, reducing settlement timing risk during volatile markets. Smarter Web said it does not intend to use the facility as long-term debt to finance Bitcoin purchases.

Smarter Web is listed on the London Stock Exchange’s Main Market and also trades on the OTCQB Venture Market in the United States. The company describes Bitcoin as a core component of its treasury strategy and has previously said it aims to expand its digital asset holdings.

The move comes as digital asset treasuries (DATs) recorded billions in net inflows from late 2025 through January 2026 before cooling in February.

Digital asset treasury monthly inflow data. Source: DefiLlamaData from DefiLlama shows DAT inflows reached $4 billion in December and $3.7 billion in January, before totalling just $363 million through Feb. 24. 

While inflows remain positive in early 2026, February totals are tracking well below late-2025 peaks.

Smarter Web’s Bitcoin treasury holdings According to data from BitcoinTreasuries.net, Smarter Web holds 2,689 Bitcoin, acquired at an average acquisition cost of $112,865 per coin.

At current prices, the company’s holdings are valued at roughly $170 million, reflecting an unrealized loss of about 44% based on the reported cost basis.

On Sept. 12, 2025, Smarter Web reported holding 2,470 BTC and described itself as the UK’s largest corporate Bitcoin holder at the time.

The company also signaled interest in acquiring competitors to expand its treasury and said it aspired to join the FTSE 100 index. 

The latest tracker data suggests the company continued accumulating since then.

Smarter Web’s new facility would allow it to borrow against existing Bitcoin holdings to move more quickly following equity raises, then repay once fundraising proceeds settle.

Diverging corporate Bitcoin strategiesSmarter Web’s move comes as public companies take varied approaches to managing Bitcoin exposure.

On Monday, Strategy added 592 BTC to its balance sheet, bringing its total holdings to 717,722 BTC and marking its 100th BTC purchase since 2020.

By contrast, Bitdeer announced on Saturday that it had liquidated its entire Bitcoin treasury, reducing corporate holdings to zero while raising capital through a convertible debt offering.

Magazine: Bitdeer sells all Bitcoin, Metaplanet rejects misconduct claims: Asia Express

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy https://cointelegraph.com/editorial-policy

The indicator last printed positive on Jan. 15. Its failure to fully recover after a Feb. 5 rebound suggests U.S. demand remains structurally absent rather than temporarily paused. Feb 24, 2026, 2:42 p.m.

The well-followed Coinbase Bitcoin Premium Index briefly looked like it was recovering after the Feb. 5 crash. It wasn't.

The premium has now been negative for 40 consecutive days, according to Coinglass data, setting the longest streak of sub-zero readings since 2023. The current reading sits at -0.0467%, barely changed from two weeks ago, when a sharp narrowing from -0.22% suggested U.S. buyers had stepped in near the lows.

STORY CONTINUES BELOW

The index measures the price gap between bitcoin on Coinbase and the global market average. Coinbase is widely used as a proxy for U.S. institutional and dollar-denominated flows, so a persistent negative reading means American investors are consistently paying less than the rest of the world — either selling more aggressively or simply not showing up.

The previous record was roughly 30 days of continuous negative premium during the October 2025 drawdown. That streak broke when a sharp bounce brought U.S. buyers back into the market. This time, the bounce came, as bitcoin recovered as much as 15% from its Feb. 5 intraday low. But the premium never followed.

That divergence shows that while price recovered, the composition of demand didn't. Whatever buying drove bitcoin back above $62,000 came from outside U.S. hours, outside Coinbase's order books, or both.

The one constructive read is that the premium has been gradually less negative since early February, creeping from -0.22% back toward -0.05%. It's improving, just not fast enough to flip positive, a threshold that historically coincides with sustained accumulation phases rather than relief rallies.

Interestingly, Google searches for "bitcoin zero" in the U.S. hit record highs earlier this month, as CoinDesk reported, even as global search interest for the term remained flat.

Both signals point to American investors specifically losing conviction at a pace that hasn't shown up elsewhere.

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'If you’re not accumulating bitcoin at this stage, then when,' asks prominent analyst

1 hour ago

Time, not price, is probably going to be more frustrating for bulls from here, wrote James Check, but bitcoin has been mostly de-risked at this point.

What to know:

Bitcoin appears to be bottoming based on any number of indicators, wrote James Check.As in 2022, it could be several months of bouncing around before the actual cycle low is in place.

George Noble, who ran the number one mutual fund in America at Fidelity Investments in 1985 returning 79%, went on Steve Eisman's Real Eisman Playbook podcast and didn't hold back. Noble is bearish on Tesla (NASDAQ:TSLA) and Bitcoin (CRYPTO: BTC), while Eisman disclosed he is short Strategy (NASDAQ:MSTR).

The price of Bitcoin fell below $63,000 on Tuesday, continuing a slump that began overnight, as investor confidence wavered amid President Donald Trump’s tariffs and growing concerns about AI developments.

The world’s top cryptocurrency has slipped about 7% this week, hovering around price points not seen since February 6, when it nearly touched $60,000, according to CoinGecko data. The broader crypto market plummeted 4%, dragging the total market capitalization down to $2.19 trillion.

Bitcoin is currently trading around $62,870, down 5% on the day, as BTC holders continue to capitulate.

Selling Pressure Persists Among Bitcoin Holders Amid Recent Downturn The Short-Term Holder SOPR (STH-SOPR), an indicator showing whether short-term Bitcoin holders are selling at a gain or a loss, fell below 1 following US President Donald Trump’s announcement of a new 15% global tariff on Saturday.

He announced that temporary tariffs on imports from other countries would rise to 15%, up from the 10% rate set on Friday, following the Supreme Court’s decision to strike down his previous tariff strategy.

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Currently sitting at 0.95, the metric indicates “renewed short-term loss realization,” according to CryptoQuant analyst XWIN Research Japan in a Quicktake post on Monday. They added:

“The primary sellers are short-term holders reacting to uncertainty, rather than long-term investors distributing structurally.”

Meanwhile, looking at coins sold at a loss, Bitcoin’s seven-day estimated moving average (EMA) for short-term holder net realized losses has eased to $500 million per day, down from a peak of $1.24 billion per day on February 6.

“While the intensity has cooled, the broader regime still signals a market under pressure, with participants in the base formation phase continuing to capitulate,” Glassnode observed.

The 90-day simple moving average (SMA) of Bitcoin’s realized profit/loss ratio has “now fallen below 1, confirming a full transition into an excess loss-realization regime,” added Glassnode.

Crypto Sentiment Plunges To Historic Lows Alternative.me’s Crypto Fear & Greed Index, which tracks overall market sentiment, has dropped to 5 out of 100 as of press time, signaling one of the most bearish sentiment environments in cryptocurrency history. Since its launch in 2018, the index has only hit such low levels three times: in August 2019, June 2022, and earlier this month.

In the short term, macroeconomic news— especially on tariffs and renewed geopolitical tensions—is keeping a risk-off mood across digital assets.

The $60,000 mark remains a critical support level that bulls are monitoring closely. If it fails to hold, Bitcoin could potentially slide further to $50,000 or even lower.

The Ethereum Foundation started staking 70,000 ETH from its treasury to secure the network. The Ethereum Foundation’s staking is done using distributed open-source tools and is expected to generate rewards for operations. The Ethereum Foundation has started staking a substantial amount of its treasury reserves to improve the security of the network and support its operations. This development is in line with the treasury strategy that the Ethereum Foundation revealed last year.

The Ethereum Foundation has started staking 2,016 ETH from its treasury. And it plans to stake 70,000 ETH in the coming weeks, according to the Ethereum Foundation. The rewards that will be generated from the staking process will be directed back to the treasury of the Ethereum Foundation to support its operations.

The staking operation relies on open-source staking software, such as Dirk for distributed signing and Vouch for multi-client support. The software enables the distribution of signing duties and minimizes the risks associated with single points of failure.

1/ The Ethereum Foundation has begun staking a portion of its treasury, in line with its Treasury Policy announced last year.

Today, the EF made a 2016 ETH deposit. Approximately 70,000 ETH will be staked with rewards directed back to the EF treasury.

— Ethereum Foundation (@ethereumfndn) February 24, 2026 Architecture and Setup The foundation’s architecture is a combination of self-managed hardware infrastructure and hosted infrastructure in various regions. The use of Dirk supports geographically distributed validator signing, while Vouch supports various client combinations. This can minimize risks associated with the reliance on a single type of client.

The current architecture is a demonstration of the focus on resilience as the network readies itself for higher levels of participation and upgrades. According to officials at the foundation, the architecture supports flexible exits, simplified key management, and rapid balance transfers between accounts. The staking effort also follows Best Current Practices for validator credentials, using Type 2 (0x02) withdrawal credentials, which provide better transferability and governance.

Implications for Network Security and Growth Industry analysts have pointed out that a significant stakeholder action at the treasury level can help strengthen economic security and also help the foundation’s incentives be aligned with a healthy ecosystem. Staking helps to further decentralize block validation.

Institutional actors have also expressed interest in Ethereum staking, with institutional players such as BitMine Immersion Technologies staking millions of ETH to provide a steady stream of returns. This institutional interest may also serve to supplement the efforts of the foundation by developing further professional stakeholder infrastructure.

This is because, according to analysts, staking the treasury reserves is an indication that the foundation is committed. It is utilizing the native economic infrastructure for sustainable funding as opposed to relying on the sale of ETH or other sources of funding. This project also sets the stage for upgrades in the Ethereum ecosystem.

Highlighted Crypto News:

Terraform Labs Administrator Sues Jane Street Over Terra Collapse

I specialize in Web3 and crypto writing, producing clear, research-driven content on blockchain, cryptocurrencies, and market trends.

Bitcoin has dived almost 10% over the last week, plunging as fears swirl of a looming financial crisis that could rival 2008.

Sign up now for CryptoCodex—A free crypto newsletter that will get you ahead of the market

The bitcoin price has dropped toward $60,000 per bitcoin, falling sharply over the last 24 hours as a sell-off suddenly accelerates even as traders brace for a “massive trigger.”

Now, as the Goldman Sachs chief executive reveals a surprise bitcoin flip, traders are warning that if bitcoin breaks below $60,000, the market "can kiss any recovery goodbye."

Sign up now for the free CryptoCodex—A daily five-minute newsletter for traders, investors and the crypto-curious that will get you up to date and keep you ahead of the bitcoin price and crypto market swings

Forbes‘Worse’ Than 2008—Urgent Fed Financial Crisis Warning Predicted To Blow Up The Bitcoin PriceBy Billy Bambrough

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Traders are braced for a bitcoin price crash under $60,000.

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“Bitcoin slid below $63,000 in early trade this morning, extending its monthly decline to nearly 30% and highlighting deeper structural fragility,” David Morrison, senior market analyst at Trade Nation, said in emailed comments and pointing to a collapse in institutional demand for bitcoin and crypto exchange traded funds (ETFs).

“Technical charts show a developing head-and-shoulders pattern, with the $60,000 level emerging as a critical support zone. The selloff has coincided with the longest miner capitulation phase of the year, according to Glassnode data, as falling revenues force sustained reserve selling. Institutional demand has also deteriorated, with ETF flows weakening further, compounding downside pressure and increasing the risk of a decisive break lower.”

Bitcoin at $60,000 "is the most critical support level of this cycle,” closely-watched bitcoin and crypto trader Vinny Lingham posted to X.

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ForbesIt’s ‘Inevitable’—Elon Musk Suddenly Confirms Massive ‘Game-Changer’ As X Reveals Bitcoin And Crypto Price UpdatesBy Billy Bambrough

The bitcoin price crash has wiped trillions of dollars from the crypto market, with bitcoin price predictions warning another bitcoin crash could be on the way.

Forbes Digital Assets

“A sharp V-shaped bounce here and it forms a double bottom (strong support). If we lose $60,000 violent cascading liquidations ensue and you can kiss any recovery goodbye, at least until the next halving approaches.”

The bitcoin price has crashed by 50% from a peak of $126,000 per bitcoin in October last year, dragging down the wider crypto market as the bubble “implodes.”

“You’ll probably see a bunch of treasury companies for both bitcoin and ethereum blow up, along with [Strategy] dropping below $100 if we lose $60,000,” Lingham wrote, adding he would expect to see a 2022 type blow up if we do lose $60,000—referring to the implosion of the FTX exchange that sent shockwaves through the bitcoin and crypto market.

Crypto payment provider Oobit has launched crypto-to-bank transfers that settle into bank accounts via local payment rails, expanding its app beyond in-store spending and peer-to-peer (P2P) transfers. 

In an announcement shared with Cointelegraph, Oobit said users could send supported digital assets from self-custody wallets and have funds deposited into bank accounts through networks including the Single Euro Payments Area (SEPA) in Europe, the Automated Clearing House (ACH) in the United States and Mexico’s Sistema de Pagos Electrónicos Interbancarios (SPEI).

Settlement currencies include US dollars, euros, Mexican pesos and Philippine pesos, while supported assets include Bitcoin (BTC), Ether (ETH) and a range of stablecoins such as Tether (USDT), USDC (USDC), EURC and EURR, along with other tokens including XRP (XRP), BNB (BNB), Solana (SOL), Cardano (ADA) and Dogecoin (DOGE).

Oobit said that users could see the crypto amount leaving their wallet and the fiat equivalent arriving in the recipient's account before confirming the transactions.

It described the system as routing transactions through local payment rails instead of traditional correspondent banking channels.

Unlike checkout-based providers that redirect users to third-party interfaces, Oobit said the transfer flow is embedded natively inside its app, without redirecting users to an external off-ramp provider.

Crypto off-ramps heating upThe rollout highlights growing competition in crypto off-ramping, where exchanges and fintech companies allow users to convert digital assets into fiat deposits.

Oobit’s stated differentiator is its focus on self-custody wallets, positioning the app as a payments layer that connects onchain assets to bank accounts without requiring users to hold funds on a centralized exchange. 

DTR tie-up and Bakkt acquisitionOobit says that the feature is powered by infrastructure from Distributed Technologies Research (DTR), which connects Oobit’s wallet interface to domestic payment networks.

DTR recently entered into an agreement to be acquired by Bakkt, a US-listed digital asset platform launched by the Intercontinental Exchange (ICE) in 2018.

Akshay Naheta, DTR founder and CEO of Bakkt, said in the release that infrastructure connecting digital asset platforms with traditional financial systems was “foundational to broader adoption.”

Amram Adar, co-founder and CEO of Oobit, told Cointelegraph the company’s model differs from traditional off-ramp providers in both custody structure and user flow. “The end-user relationship, wallet custody and transaction experience remain entirely within Oobit,” Adar said.

According to Adar, user funds are initially held within Oobit’s wallet infrastructure. When a bank transfer is initiated, funds are debited and transferred to DTR strictly for payout execution. DTR forwards the funds to the recipient bank account and does not hold funds for investment or discretionary purposes.

Oobit performs the initial crypto-to-USD conversion, after which the USD-equivalent value is transferred in USDT to DTR. DTR then executes the foreign exchange conversion into local fiat currency before settlement into the designated bank account, Adar said.

Oobit has previously disclosed backing from Tether, the issuer of USDT, linking the app to the largest stablecoin operator by market capitalization.

Fees, limits and expanding infrastructure Adar said the service is fully live across all countries supported by DTR, with no pilot corridors currently in place. US dollar transfers are limited to domestic US flows.

Minimum transfers range from a roughly 10 euro ($11.70) to $100 equivalent, depending on the corridor, while maximum limits can reach about a $50,000 equivalent.

Total fees consist of components charged by both Oobit and DTR. Oobit applies the greater of a fixed fee, currently contemplated at $1, or a 1% transaction fee, along with an estimated 0.5% spread on crypto-to-USD conversions.

DTR applies either a fixed fee, generally between about 0.65 cents and 2 euro depending on the currency, or a percentage-based fee ranging from about 0.65% to 1%, according to the company.

The integration comes as banks and fintech firms deepen efforts to embed blockchain-based assets into regulated payment systems.

Major payment players like Visa have rolled out USDC-based settlement and stablecoin payouts for financial institutions, and Crypto.com has used Circle’s application programming interfaces (APIs) to support dollar bank transfers to and from USDC wallets.

On Monday, digital asset infrastructure company Stablecore joined the Jack Henry Fintech Integration Network, enabling more than 1,600 US banks and credit unions to add stablecoin services through existing core banking platforms.

On the same day, TRM Labs announced a partnership with Finray Technologies to unify crypto and fiat transaction monitoring for institutions operating under Europe’s Markets in Crypto-Assets (MiCA) regulation.

Magazine: Hong Kong stablecoins in Q1, BitConnect kidnapping arrests: Asia Express

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy https://cointelegraph.com/editorial-policy

This week, as bitcoin slipped 7.5% against the U.S. dollar, the Crypto Fear and Greed Index printed a jaw-dropping 5 out of 100 — a record low that screams extreme fear across crypto sentiment.

, /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Ultragenyx Pharmaceutical Inc. (NASDAQ: RARE).

Shareholders who purchased shares of RARE during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.

CONTACT US HERE:

https://securitiesclasslaw.com/securities/ultragenyx-pharmaceutical-inc-loss-submission-form-2/?id=183764&from=4

CLASS PERIOD: August 3, 2023 to December 26, 2025

ALLEGATIONS: According to the complaint, defendants provided overwhelmingly positive statements to investors while, at the same time, disseminating materially false and misleading statements and/or concealing material adverse facts concerning the true state of setrusumab's potential and the true risk inherent in the study protocols put forth; notably, that, while setrusumab does increase material bone density, this increase does not correlate to a decrease in annualized fracture rates or otherwise the Phase III Orbit and Cosmic studies were much less likely to be able to demonstrate such a link than management claimed. On December 29, 2025, Ultragenyx announced that both its Phase III Orbit and Cosmic Studies had not "achieved statistical significance against the primary endpoints of reduction in annualized clinical fracture rate compared to placebo or bisphosphonates, respectively." The Company attributed the study failure to a "low fracture rate in the placebo group" of Orbit and a trend that fell shy of statistical significance in Cosmic. Following this news, the price of Ultragenyx's common stock declined dramatically. From a closing market price of $34.19 per share on December 26, 2025, Ultragenyx's stock price fell to $19.72 per share on December 29, 2025, a decline of about 42.32% in the span of just a single day.

DEADLINE: April 6, 2026 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/ultragenyx-pharmaceutical-inc-loss-submission-form-2/?id=183764&from=4

NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of RARE during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is April 6, 2026. There is no cost or obligation to you to participate in this case.

WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: [email protected]
Phone: (646) 453-8903

SOURCE The Gross Law Firm

, /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Picard Medical, Inc. (NYSE: PMI).

Shareholders who purchased shares of PMI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.

CONTACT US HERE:

https://securitiesclasslaw.com/securities/picard-medical-inc-loss-submission-form/?id=183760&from=4

CLASS PERIOD: September 2, 2025 to October 31, 2025

ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Picard was the subject of a fraudulent stock promotion scheme involving social media-based misinformation and impersonated financial professionals; (2)insiders and/or affiliates used offshore or nominee accounts to facilitate the coordinated dumping of shares during a price inflation campaign; (3) Picard's public statements and risk disclosures omitted any mention of the false rumors and artificial trading activity driving the stock price; and (4) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

DEADLINE: April 3, 2026 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/picard-medical-inc-loss-submission-form/?id=183760&from=4

NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of PMI during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is April 3, 2026. There is no cost or obligation to you to participate in this case.

WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: [email protected]
Phone: (646) 453-8903

SOURCE The Gross Law Firm

, /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Ramaco Resources, Inc. (NASDAQ: METC).

Shareholders who purchased shares of METC during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.

CONTACT US HERE:

https://securitiesclasslaw.com/securities/ramaco-resources-inc-loss-submission-form-2/?id=183758&from=4

CLASS PERIOD: July 31, 2025 to October 23, 2025

ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) defendants had not commenced any significant mining activity at the Brook Mine after groundbreaking; (2) no active work was taking place at the Brook Mine; (3) as a result, the Company overstated development progress at the Brook Mine; and (4) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

DEADLINE: March 31, 2026 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/ramaco-resources-inc-loss-submission-form-2/?id=183758&from=4

NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of METC during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is March 31, 2026. There is no cost or obligation to you to participate in this case.

WHY GROSS LAW FIRM? The Gross Law Firm is a nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: [email protected]
Phone: (646) 453-8903

SOURCE The Gross Law Firm

Warner Bros. Discovery Says It Is Reviewing Revised Paramount Bid Murray is a Forbes news reporter covering entertainment trends.

Feb 24, 2026, 08:45am EST

ToplineWarner Bros. Discovery said Tuesday it is reviewing Paramount’s revised offer as it jockeys with Netflix to acquire the company, though it did not reveal the terms of Paramount’s latest bid and noted the Netflix acquisition agreement still remains in place.

Paramount made a revised offer to acquire Warner Bros. Discovery. (Photo by PATRICK T. FALLON/AFP via Getty Images)

AFP via Getty Images

Key FactsThis is a developing story. Check back for updates.

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Alphabet's Google will build its first data center in Minnesota and deploy a significant amount of new renewable energy in the state under an agreement with utility Xcel, the companies announced Tuesday.

The data center will be located on a 480-acre site at Pine Island, a town of about 4,000 people some 70 miles southeast of Minneapolis. Google had not publicly disclosed its role in the project previously. The facility will be used for artificial intelligence applications as well as Google's broader cloud business.

The proposed data center at Pine Island has faced community opposition but is supported by the city council. It has not begun construction yet. Data centers are facing political blowback in communities across the U.S. more often as people blame them for rising electricity prices in some regions and worry about their environmental impact. Data centers also consume a significant amount of water for cooling.

Google declined to disclose how much electricity the data center will consume. The tech company said it will pay for any electric grid infrastructure needed for the project. The Minnesota Public Utility Commission still must review the agreement between Google and Xcel.

"What Google is doing is ensuring that when we show up, we aren't putting additional costs on other ratepayers," Amanda Peterson Corio, head of data center energy at Google, told CNBC in an interview. "We will pay 100% of our energy and electricity costs, and we will make sure that new additional capacity is put on to the grid to be able to serve our needs."

Additional transmission infrastructure is needed for the Pine Island data center, said Bria Shea, president of Xcel for Minnesota, North Dakota and South Dakota. Google will pay for any new transmission associated with the project even if the data center does not materialize for some reason, Corio said.

Google will deploy 1,400 megawatts of wind power, 200 megawatts of solar, and 300 megawatts of battery storage to the grid under the agreement with Xcel. The renewable projects will be owned by the utility. They are expected to come online in 2028 and 2029, Shea said.

Google will also pay a premium for the renewable power under a tariff designed to insulate consumers from the infrastructure costs while accelerating the deployment of clean energy in Minnesota, according to the tech company.

The town's residents have formed a group called "Stop the Pine Island Data Center." The Minnesota Center for Environmental Advocacy filed a lawsuit in October challenging the environmental review of the project.

Pine Island's city council approved two preliminary development plans for the data center in December, according to local broadcaster KTTC. It also approved financial incentives that include a $36 million tax abatement in February, according to the outlet.

City Administrator Elizabeth Howard said Pine Island would collect more than $130 million in tax revenue from the project, according to KTTC.

Minnesota has not been a major data center market in the past but the big tech companies are increasingly eye the state. There are currently 74 data centers in Minnesota. Virginia, the largest market worldwide, has 570 such facilities, according to Data Center Map.

Key Takeaways Sempra Energy is set to report Q4 results, with earnings seen down 24.7% year over year.New interim rates and rate-based growth likely supported regulated earnings and top-line performance.SRE is expected to face headwinds from mild weather, higher operating costs and increased interest expenses. Sempra Energy (SRE - Free Report) is scheduled to release fourth-quarter 2025 results on Feb. 26, before market open. The company delivered an earnings surprise of 19.35% in the last reported quarter.

Let’s discuss the factors that are likely to be reflected in the upcoming quarterly results.

Factors at Play Ahead of SRE’s Q4 ResultsSempra Energy’s fourth-quarter earnings are anticipated to have been supported by the introduction of new interim rates and continued strong rate-based growth, trends that had already been observed in prior quarters. These factors are likely to have driven growth in regulated earnings and enhanced the company’s top-line performance.

SRE’s continued investments in infrastructure, especially in grid modernization, pipeline safety initiatives and clean energy transition projects, are expected to have improved system reliability and operational efficiency.

Sempra Energy’s sustained customer growth across its service territories is also expected to have lifted electricity and natural gas volumes, strengthening its financial performance in the quarter.

Sempra Energy experienced varied temperature trends across its service territories during the October–December period. However, most regions recorded above-normal temperatures, which is likely to have reduced electricity demand for heating purposes in winter and may have weighed on the company’s top-line performance.

Higher operating expenses and increased interest expenses may have partially offset some of the positive factors in the quarter to be reported.

Q4 Expectations for Sempra EnergyThe Zacks Consensus Estimate for earnings is pegged at $1.13 per share, indicating a year-over-year decrease of 24.7%.

The Zacks Consensus Estimate for revenues is pinned at $3.64 billion, implying a 3.1% decline year over year.

What Our Model Predicts for SREOur proven model predicts an earnings beat for Sempra Energy this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is the case here, as you will see below.

Other Stocks to ConsiderHere are three other companies from the same industry that also have the right combination of elements to post an earnings beat this reporting cycle:

Excelerate Energy, Inc. (EE - Free Report) is scheduled to report its fourth-quarter 2025 results on Feb. 25, after market close. It has an Earnings ESP of +1.03% and a Zacks Rank of 3 at present.

EE’s long-term (three to five years) earnings growth rate is 18.11%. The consensus estimate for earnings stands at 29 cents per share.

Talen Energy Corporation (TLN - Free Report) is set to release its fourth-quarter 2025 results on Feb. 26, after market close. It has an Earnings ESP of +32.41% and a Zacks Rank of 3 at present.

TLN’s long-term earnings growth rate is 29.71%. The consensus estimate for earnings stands at $2.71 per share, which calls for year-over-year growth of 49.7%.

Gevo, Inc. (GEVO - Free Report) is expected to report fourth-quarter 2025 results on March 5, after market close. It currently has an Earnings ESP of +10% and a Zacks Rank of 3.

The Zacks Consensus Estimate for earnings is pegged at a loss of 3 cents per share, which implies a year-over-year surge of 66.7%. The Zacks Consensus Estimate for sales stands at $43.5 million, which suggests a massive year-over-year improvement of 663.5%.

Key Takeaways Allot's SECaaS ARR surged 60% year over year in Q3 2025, reaching 28% of total revenues.ALLT sees growth from Tier-1 telecom launches, rising subscribers and higher attach rates.Allot's Compax Venture deal expands SECaaS to MVNOs, boosting recurring revenue mix. Allot Ltd. (ALLT - Free Report) is witnessing strong growth in its Cybersecurity as a Service (SECaaS) business, which is becoming the main driver for the company's revenue growth. In the third quarter of 2025, SECaaS annual recurring revenues (ARR) increased 60% on a year-over-year basis. In the third quarter, the SECaaS business made up around 28% of Allot's total revenues, which is a whopping increase from 21% in the year-ago quarter. Management expects this share to move closer to 30% by the end of 2025.

Management explained that SECaaS growth is coming mainly from Tier-1 telecom customers that have already launched the service. These are large telecom customers that went live in recent quarters and are now adding more subscribers. Growth is being driven by new subscribers joining these services and driving higher attach rates over time. SECaaS adoption and attach rates usually improve over two to three years after launch, which supports steady and repeatable ARR growth.

In January 2026, Allot entered into a partnership agreement with Compax Venture to use Allot’s NetworkSecure and OffNetSecure platforms to enable Mobile Virtual Network Operators (MVNO) to offer cybersecurity services. These MVNOs will be the first to include Allot’s network-based security as part of their mobile offerings. This expands Allot’s SECaaS distribution beyond traditional mobile operators and supports recurring subscription revenues.

The higher SECaaS contribution is improving revenue quality. In the third quarter of 2025, recurring revenues rose to 63%, up from 58% in the year-ago quarter. Overall, the above-mentioned factors show how the SECaaS business is becoming central to Allot’s revenue model, which should support the company’s growth in the upcoming quarters. The Zacks Consensus Estimate for 2025 and 2026 indicates revenue growth of around 10.3% and 13.3%, respectively.

How Competitors Fare Against ALLTAllot competes with well-established companies in network traffic management and cybersecurity space, such as Check Point Software (CHKP - Free Report) and Palo Alto Networks (PANW - Free Report) .

Check Point Software's Quantum Firewall Software, R82.10, focuses on improving hybrid network security for its customers. CHKP's R82.10 provides consistent protection across offices, cloud environments and remote users. This includes centralized Internet access management, easier connections between firewalls and SASE services, and better checks on user identity and device security to support Zero Trust.

Palo Alto Networks has partnered with IBM to launch a joint solution to help companies prepare for quantum-safe security. The joint solution combines IBM Consulting’s expertise in quantum-safe security with Palo Alto Networks’ network security platform. Together, they aim to give customers a clear view of how encryption is used across their hybrid environments, including on-premise systems, cloud and networks.

ALLT’s Price Performance, Valuation and EstimatesShares of Allot have gained 14.1% in the past six months against the Zacks Internet - Software industry’s decline of 20.7%.

ALLT 6-Month Price Return Performance
Image Source: Zacks Investment Research

From a valuation standpoint, Allot trades at a forward price-to-sales ratio of 4.53, lower than the industry’s average of 5.03.

ALLT Forward 12-Month P/S Ratio
Image Source: Zacks Investment Research

The Zacks Consensus Estimate for Allot’s 2026 earnings implies a year-over-year increase of 24.3%. The estimates for 2026 have been revised upward by 3 cents over the past 60 days.

Image Source: Zacks Investment Research

Allot currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Collaboration powers secure international data sharing through the HiFi Solves Global Consortium February 24, 2026 09:05 ET  | Source: PacBio

MENLO PARK, Calif., Feb. 24, 2026 (GLOBE NEWSWIRE) -- PacBio (NASDAQ: PACB), developer of the world’s most advanced sequencing technologies, today announced a collaboration with DNAstack to power the world’s first global federated dataset of HiFi whole genome sequencing data. Through the HiFi Solves Global Consortium, the collaboration enables secure international research — allowing genomic insights to travel across borders while sensitive data remains under institutional control.

Participating institutions connect HiFi whole genome sequencing data and associated metadata within a highly secure federated environment. Hosted by DNAstack and accessible at https://hifisolves.org, the platform enables researchers to query harmonized datasets across institutions without centralizing protected data, supporting global collaboration while maintaining compliance with regional data privacy regulations.

The consortium now includes nearly 30 clinical and research institutions across 15 countries spanning North America, Europe, the Middle East, Africa, East Asia, and Southeast Asia, with continued expansion underway. Collectively, members have connected or committed to connect more than 10,000 HiFi whole genome sequences — forming one of the largest and most diverse federated HiFi datasets dedicated to rare disease research.

“HiFi whole genome sequencing delivers the accuracy and completeness required to confidently detect even the most challenging variants,” said Christian Henry, President and Chief Executive Officer of PacBio. “By partnering with DNAstack, we are extending the power of HiFi sequencing beyond individual institutions — enabling secure, federated analysis at global scale while maintaining local data control. This combination of technological precision and international collaboration strengthens variant interpretation and accelerates discoveries for patients with rare disease.”

By increasing statistical power for rare disease studies, the federated model enables insights that would be much more difficult, if not impossible, within siloed datasets — while preserving data sovereignty and meeting regional compliance requirements.

“Genome sequencing can help deliver answers to patients who need it most — but only if we can learn from global datasets while protecting participants’ privacy,” said Marc Fiume, CEO at DNAstack. “This partnership is proving the value of securely connecting leading hospitals and research centers around the world without moving sensitive data. By enabling collaboration at this scale, we’re helping clinicians reach answers faster, improve rare disease diagnosis, and build the foundation for learning health systems that benefit entire populations.”

“For rare disease genomic analysis, accuracy and completeness are essential,” said Eric Vilain, M.D., Ph.D., UC Irvine School of Medicine and a member of the HiFi Solves Global Consortium. “Taking advantage of the consortium’s federated model, we can securely filter variants and interpret findings in the context of a diverse global dataset while maintaining full control of patient data — ultimately delivering clearer answers to families faster and with greater confidence.”

HiFi sequencing plays a central role in the consortium’s impact on better resolving the genetic underpinnings of rare diseases. Its high accuracy and ability to resolve complex genomic regions, including paralogous genes and structural variants, provide clinical researchers with greater confidence in detecting disease-causing variants. When combined with federated data sharing, HiFi sequencing enables interpretation of rare variants within a broader global context — improving confidence in understanding the biology of rare diseases and, ultimately, accelerating time to answers for patients and families.

In November 2025, consortium members from the EMEA region published the first major study from the HiFi Solves initiative, “HiFi sequencing accurately identifies clinically relevant variants in paralogous genes,” demonstrating the value of federated HiFi whole genome sequencing at scale. In the study, HiFi sequencing detected 100% of known variants, reducing the need for multiple complementary technologies and simplifying workflows.

Launched in 2023, the HiFi Solves Global Consortium brings together leading clinical genomics research organizations focused on advancing the use of highly accurate HiFi sequencing in rare disease research. Since its inception, the consortium has nearly doubled in size, reflecting growing global demand for collaborative, privacy-preserving genomic research models.

About PacBio

PacBio (NASDAQ: PACB) is a premier life science technology company that designs, develops, and manufactures advanced sequencing solutions to help scientists and clinical researchers resolve genetically complex problems. Our products and technologies, which include our HiFi long-read sequencing, address solutions across a broad set of research applications including human germline sequencing, plant and animal sciences, infectious disease and microbiology, oncology, and other emerging applications. For more information, please visit www.pacb.com and follow @PacBio.

PacBio products are provided for Research Use Only. Not for use in diagnostic procedures.

About DNAstack

DNAstack builds the trust infrastructure for biomedical data collaboration. Its federated platform connects genomic and clinical data across institutions, enabling researchers and clinicians to learn together while data stays under local control. DNAstack powers national and international precision health initiatives and is a global leader in open standards through the Global Alliance for Genomics & Health (GA4GH).

Forward-Looking Statements

This press release may contain “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements, including statements relating to the availability, uses, accuracy, advantages, quality or performance of, or benefits of using, or expected benefits of using, PacBio products or technologies, including in connection with the collaboration with DNA Stack and the HiFi Solves Global Consortium to, among other things, expand the range of genomic insights of participating consortia members, enable secure analysis of genomic data while meeting regional compliance requirements, deliver answers to, among others, clinical researchers and families, and provide greater confidence both in detecting disease-causing variants and understanding the biology of rare diseases, and the commitment to connect more than 10,000 HiFi whole genome sequences, among other future events. You should not place undue reliance on forward-looking statements because they are subject to assumptions, risks, and uncertainties and could cause actual outcomes and results to differ materially from currently anticipated results, including, challenges inherent in sequencing a large number of genomes and complying with evolving international privacy compliance requirements, the difficulty of generating discoveries in new areas of research or with respect to diseases that are rare; potential product performance and quality issues; rapidly changing technologies and extensive competition in, and potential FDA regulatory issues relating to, genomic sequencing; unanticipated increases in costs or expenses; interruptions or delays in the supply of components or materials for, or manufacturing of, PacBio products and products under development; third-party claims alleging infringement of patents and proprietary rights or seeking to invalidate PacBio's patents or proprietary rights, among others. Additional factors that could materially affect actual results can be found in PacBio's most recent filings with the Securities and Exchange Commission, including PacBio's most recent reports on Forms 8-K, 10-K, and 10-Q, and include those listed under the caption "Risk Factors." These forward-looking statements are based on current expectations and speak only as of the date hereof; except as required by law, PacBio disclaims any obligation to revise or update these forward-looking statements to reflect events or circumstances in the future, even if new information becomes available.

Contacts

Investors:
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Media:
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Ulaanbaatar, Mongolia--(Newsfile Corp. - February 24, 2026) -  Steppe Gold Ltd. (TSX: STGO) (OTCQX: STPGF) (FSE: 2J9) ("Steppe Gold" or the "Company") announces that Mr. Jeremy South has resigned from his role as Senior Vice President and Chief Financial Officer ("CFO") of the Company, effective March 10, 2026. The Board of Directors continues its review of the resignation and related matters.

Initially joining the Company as a member of the board of directors (the "Board") and serving as CFO since 2018, Mr. South has played a key role in guiding Steppe Gold from an early-stage development company, through the commencement of production during the global pandemic, into a multi-asset gold producer with a strong asset base in Mongolia and a clear long-term growth profile. He has been instrumental in shaping the Company's strategic and financial direction, building an institutional shareholder base and advancing corporate governance practices.

The Board has appointed Ms. Ariuntsetseg Batsaikhan as Interim CFO of the Company. She has served as the Company's Financial Controller since 2018, with over 15 years of finance experience in the mining sector. Ms. Batsaikhan holds a BSc (Hons) in Applied Accounting, Oxford Brookes University and an ACCA Advanced Diploma in Accounting and Business.

The Company is also currently undertaking a review of prior financial periods, and total assets remain subject to adjustment upon completion of the ongoing audit.

Steppe Gold remains focused on safe and efficient production, as well as disciplined capital allocation, to support long-term shareholder value.

Cautionary Statement on Forward-Looking Information

This news release contains certain statements or disclosures relating to the Company that are based on the expectations of its management as well as assumptions made by and information currently available to the Company which may constitute forward-looking statements or information ("forward-looking statements") under applicable securities laws. All such statements and disclosures, other than those of historical fact, which address activities, events, outcomes, results, or developments that the Company anticipates or expects may, or will, occur in the future (in whole or in part) should be considered forward-looking statements. In some cases, forward-looking statements can be identified by the use of the words "commenced", "focused", "continued", "will", "commitment" and similar expressions. In particular, but without limiting the foregoing, this news release contains forward-looking statements pertaining to the following: the appointment of new executive leadership, commitment to governance standards, the timing and outcome of the Board's search process and the Company's future strategy and development plans. Such statements reflect the Company's current expectations and speak only as of the date of this news release. Except as required by applicable securities laws, the Company undertakes no obligation to update forward-looking statements.

The Toronto Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/285077

Source: Steppe Gold Ltd.

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