Market Signal Briefing

"Bitcoin was not supposed to act like this," Michael Novogratz, founder and CEO of Galaxy Digital, says while discussing the ongoing downturn in crypto markets, noting Bitcoin's drop to $76,000 and suggesting the market may be near a bottom. He speaks on "Bloomberg Crypto.

Shifts in capital from crypto to precious metals highlight changing investor sentiments and market dynamics.

Key takeaways Bitcoin is being compared to gold and silver in terms of market behavior, indicating its potential as a stable asset. Tether’s investment in gold over fiat or treasury securities suggests a belief in gold’s superior returns. Gold’s valuation could be significantly higher if aligned with overall monetary aggregates. China’s preference for silver over gold is rooted in historical perspectives on monetary value. The silver to gold ratio is expected to decrease, indicating potential changes in market dynamics. Increased reserve requirements at the CME could boost silver market volatility. Rumors of silver scarcity due to Chinese export restrictions are unfounded. Capital is shifting from crypto to precious metals, impacting interest in digital assets. Trading volumes in precious metals are moving towards DeFi platforms, indicating a shift in market practices. The US regulatory environment is hindering the promise of tokenization and crypto growth. Institutional capital may eventually migrate to DeFi, recognizing blockchain’s benefits. A new equity capital market is emerging on blockchain, offering significant potential for financial transformation. Guest intro Mike Cagney is CEO of Figure Markets, a digital asset-focused subsidiary of Figure that operates a decentralized custody crypto exchange and launched Democratized Prime, a DeFi lending protocol connecting lenders and borrowers with on-chain assets like mortgages. He previously co-founded and served as CEO of SoFi, pioneering marketplace lending in student loans, mortgages, and personal loans. Cagney also co-founded Figure Technologies, the first company to originate consumer loans on the blockchain.

Bitcoin’s market behavior and comparisons “Bitcoin is showing signs of life and is being compared to gold and silver in terms of market behavior.” – Mike Cagney Bitcoin’s stability is likened to that of gold and silver, suggesting its potential as a long-term asset. “Well you know the title said bitcoin shows life and I looked down and here we are back at 89,000 so you know it’s it’s bitcoin is a stable coin…” – Mike Cagney The comparison to precious metals highlights Bitcoin’s evolving role in the financial landscape. Bitcoin’s market performance is drawing parallels with traditional safe-haven assets. This comparison underscores the growing perception of Bitcoin as a reliable store of value. “Every time people keep saying that silver is a speculative bubble and it’s gonna stop you look down at the price and it continues to march higher gold continues to march higher…” – Mike Cagney Bitcoin’s behavior in the market is increasingly resembling that of established commodities. The narrative around Bitcoin is shifting towards viewing it as a stable and mature asset. This insight reflects the broader acceptance of Bitcoin in traditional financial circles. Tether’s investment strategy and implications “Tether’s decision to hold gold instead of fiat or treasury securities indicates a belief in gold’s superior marginal return.” – Mike Cagney Tether’s asset allocation reflects a strategic shift towards gold as a more reliable investment. “What they’re clearly saying Dave is that they think that you know the marginal return on gold is gonna be outperforming you know whatever tenor of treasury they decide to hold…” – Mike Cagney This decision highlights a growing confidence in gold’s long-term value. Tether’s strategy suggests a reevaluation of traditional asset classes in favor of commodities. The move to gold indicates a broader trend of seeking stability in uncertain economic times. Tether’s choice could influence other stablecoin issuers to reassess their asset holdings. This shift underscores the importance of diversification in asset management. Tether’s strategy may signal a broader market trend towards commodities over fiat currencies. The implications of this decision extend beyond Tether, potentially affecting the stablecoin market as a whole. Gold and silver market dynamics “Gold could be valued significantly higher based on its relationship to overall monetary aggregates.” – Mike Cagney The potential for gold’s value to increase is tied to its alignment with monetary aggregates. “There are people who genuinely look at gold and say it should be equal to overall monetary aggregates which you know would make it worth 16 to 18,000 give or take.” – Mike Cagney China’s guidance to buy silver over gold reflects a strategic historical perspective. “China has been has had for a while now guidance to their citizens to buy silver not gold and China has always… historically… that’s considered silver money.” – Mike Cagney Silver is viewed as a long-term arbitrage opportunity in the market. “I’ve been much more bullish on silver than most of the most other professional traders that I talk to because I look at it as the ultimate stat arbitrage.” – Mike Cagney The silver to gold ratio is expected to decrease, indicating potential shifts in market dynamics. “I’ve said it’s gonna get down to the thirties… since you know silver got to it first hit 80 in the cme raised reserve reserve requirement.” – Mike Cagney Increased reserve requirements at the CME could boost silver market volatility. “That will actually increase volatility and likely be positive for the market because most of the buying of silver is coming from not the United States.” – Mike Cagney Capital shifts and trading volumes “There is a significant capital rotation from crypto into precious metals like gold and silver.” – Mike Cagney The ongoing rally in gold and silver is affecting interest in Bitcoin and other crypto. “I think as long as these the gold and silver are rallying we’re gonna we’re gonna see you know decrease kind of like interest in in bitcoin and cryptos.” – Mike Cagney Trading volumes in precious metals are moving towards DeFi platforms. “I would guess that a lot of those volumes are moving to these defi platforms like hyperliquid with over $1,000,000,000 a day in volume happening.” – Mike Cagney Crypto tokens representing physical assets can be used as collateral for trading. “I can own a crypto token representing an ounce of gold and use that as collateral to transparently borrow cash to trade bitcoin.” – Mike Cagney The market for precious metals is expected to become more transparent with crypto platforms. “I think ultimately it’s gonna become more transparent of a market.” – Mike Cagney The shift in trading volumes indicates a changing landscape in asset management. The integration of DeFi platforms is revolutionizing trading practices for precious metals. The use of crypto tokens for collateralization enhances market transparency and efficiency. The ongoing trends suggest a significant transformation in how precious metals are traded. Regulatory challenges and opportunities “The clarity act has a very low chance of passing soon, potentially only 5%.” – Mike Cagney The media portrayal of the clarity act’s passage is overly optimistic. “If you watch the media from Davos you would think that the clarity act was gonna pass this week… and the people who are actually there… are saying what you’re saying.” – Mike Cagney The SEC was caught off guard by language in the Senate bill that limits their regulatory powers. “She admitted that the the sec was surprised that there was language in the senate bill that would restrict their ability to to work and do exempted relief.” – Mike Cagney The current political climate makes it unlikely for meaningful agreements on crypto regulation. “The democrats and trump are not gonna come to an agreement on ethics clauses which no that’s difficult.” – Mike Cagney Bitcoin businesses are likely to receive exempted relief due to their simplicity. “You will get bitcoin businesses get exempted relief because bitcoin businesses are are simple which is better than under Gensler.” – Mike Cagney The promise of tokenization is being restrained in the US due to regulatory challenges. “The promise of tokenization is being restrained and everyone kinda knows that and so it’s at least in the US so it’s it’s not it’s not great.” – Mike Cagney If clarity on regulations doesn’t pass, the crypto industry faces a critical moment. “If clarity doesn’t pass it’s a critical moment for the crypto industry because we have to actually show massive mainstream and institutional adoption.” – Mike Cagney The future of finance and DeFi integration “The trading volume in precious metals is shifting towards decentralized finance (DeFi) platforms.” – Mike Cagney The market for precious metals will become more transparent as trading shifts to crypto platforms. “I think ultimately it’s gonna become more transparent of a market.” – Mike Cagney The regulatory environment for crypto in the US is unlikely to improve significantly soon. “I just arrived in Dubai actually and we’re headed to Hong Kong next week… the business has moved offshore for the large volume traders and hedgers… I don’t see that shifting anytime soon.” – Mike Cagney US crypto products are struggling due to a lack of favorable regulatory conditions. “These US crypto products are gonna continue to be anemic… if you look at the volumes on coinbase’s onshore derivatives it’s tiny.” – Mike Cagney Foreign companies are now looking to establish a presence in the US due to perceived regulatory changes. “I will say one piece of anecdotal information is literally over the last week post Davos I’ve had three meaningful organizations reach out to crypto mondays… they want to start establishing presence.” – Mike Cagney Investment in the US is not a priority compared to international markets due to regulatory uncertainties. “We’re investing abroad I would say more than in the US just based on our viewpoint.” – Mike Cagney The overwhelming opinion is that while you can build applications in Bitcoin, many other use cases are currently impossible. “The overwhelming opinion is that’s out there is that you can build them in bitcoin and you can can work on some of the ui ux and some of the custody and the things that people care about bitcoin but that a lot of the other use cases are like impossible.” – Mike Cagney Innovations in trading and asset management “US exchanges can offer leveraged trading through bespoke products, but these are not as effective as perpetual swaps.” – Mike Cagney “What they can do is let’s say you wanna buy bitcoin on leverage for an institution or an accredited investor in the US okx and similar exchanges will basically lend you tether to buy bitcoin or they’ll lend you bitcoin to short bitcoin… it’s not as effective as as a perk because they need to actually have the inventory and so it’s not as widespread.” – Mike Cagney The traditional asset world and crypto worlds are converging, allowing for innovations like margin settlement in stablecoins. “What I’ve been saying to to most people who who ask or or whatever is that the kind of traditional asset world and and crypto worlds are are coming together and what that means is now I can put up margin in tether on a weekend instead of waiting you know for the banks to open…” – Mike Cagney Cross margining is a critical factor for adoption in the financial markets. “The reason ftx got to be the biggest exchange at the time was because of cross margin cross margin is a very big deal anyone who’s ever been in a hedge fund to run money understand that the ability to cross margin across all these products is is a holy grail right.” – Mike Cagney The metals markets are likely to continue moving higher in the mid to long run. “I think the metals in the mid to longer run are gonna move higher here… I think any pullback is a is a buying opportunity.” – Mike Cagney We are in a commodity super cycle with significant inflows across the sector. “I think we are in a commodity super cycle… the whole commodity sector is is seeing massive inflows.” – Mike Cagney Tokenization and real-world asset integration “Tether Gold is becoming an increasingly important player in the gold market.” – Mike Cagney “I think it’s clear that the tether gold is the number one and the most important player here and it’s going to continue to grow.” – Mike Cagney The physical demand for gold from Asia, particularly China and India, is a major driver of the current gold market rally. “The main part of course and that’s I think the main driver for this crazy rally is the physical demand out of china out of asia out of india.” – Mike Cagney The discussion of gold versus bitcoin is misguided as they complement each other. “I really think you wanna hold both and this whole discussion gold versus bitcoin makes absolutely no sense in my opinion… I think they complement each other wonderfully.” – Mike Cagney The focus on metals may shift back to bitcoin in the near future. “Right now the music is in the metals and I’m pretty sure down the road maybe already in a few months maybe in a year maybe in two three years the music will be also back in bitcoin.” – Mike Cagney The rise in gold prices raises the potential ceiling for bitcoin’s value. “What will… we will look back and say well it was one the other thing that’s obvious is gold being you know two and a half times higher raises the ceiling for where you think bitcoin could go to in the intermediate term by two and a half times.” – Mike Cagney Blockchain’s role in financial transformation “The real world asset (RWA) market needs native digital assets to function effectively.” – Mike Cagney “You need to be able to create native digital assets and I think one of the challenges that the rwa space has had is you know there’s been a lot of what I would consider you know non blockchain.” – Mike Cagney Bitcoin has attributes that gold will never have, particularly in terms of trust and transparency. “There are things about bitcoin that gold will never have you will have to trust right you know there’s there’s lots of stuff plus the difference is that transparency matters.” – Mike Cagney Trust undermines the value of blockchain when dealing with non-native digital assets. “You know that that’s not a native digital asset you have to trust that office building exists you have to trust you actually have to do it once you introduce trust you start to undermine the real value of blockchain.” – Mike Cagney The company has originated approximately $23 billion in loans on-chain since 2018. “We started originating loans native on chain back in 2018… we’ve dialed that I think you know something like $23,000,000,000 of of loan origination on chain.” – Mike Cagney The company plans to expand its yield-generating activities on Ethereum. “We’re gonna do the same thing on on ethereum we’re gonna do you know obviously continue what we’re doing on provenance with with democratized prime.” – Mike Cagney Yield becomes more interesting to investors when Bitcoin is trading sideways. “When bitcoin’s trading sideways yield becomes a lot more interesting.” – Mike Cagney Opportunities in DeFi and institutional capital “$400 billion in asset-backed commercial paper and $1.3 trillion in prime money market mutual funds could be better served in DeFi.” – Mike Cagney Institutional capital will eventually recognize the benefits of blockchain and migrate to DeFi, albeit initially requiring higher returns. “I think you know we’re gonna have to in the beginning probably pay an outsized return to get those dollars to come over but ultimately you know people realize the benefit of of the blockchain ecosystem.” – Mike Cagney The democratized prime model allows for unique cross-collateralization opportunities between different assets. “You can potentially borrow where you use figure stock bitcoin to buy figure loans you could use figure loans and figure stock to buy bitcoin.” – Mike Cagney We are originating upwards of a billion dollars in loans monthly. “We have a lot of collateral that we can bring over to support this and you know one of the one of the key things that we’re gonna be doing… we’re issuing figur stock native on blockchain.” – Mike Cagney We’re democratizing access to lending opportunities that were previously exclusive to major financial institutions. “We’re democratizing that access access so we’re basically leveling the playing field where you know what used to be the domain of the goldman’s and the morgan stanley’s of the world… to anybody who wants to contribute capital.” – Mike Cagney The yield from democratized prime is more straightforward and predictable compared to previous DeFi models. “The yield is is you know relatively straightforward in terms of how how it’s being generated… what we found… was people really resonated with the idea of understanding where the yield came from and having comfort in the predictability and sustainability of that yield.” – Mike Cagney The emergence of new capital markets “DeFi is poised to leapfrog traditional brokerages by creating a new capital market structure.” – Mike Cagney “I think it’s gonna happen on a couple of dimensions… what we’re doing with our loans on chain is we’ve created… liquidity and now financing opportunity… we’re dropping equity native on blockchain so there is no dtcc registry.” – Mike Cagney The new equity offering on the blockchain eliminates the need for traditional intermediaries. “You show up with a wallet, you don’t need an introducing broker to attach you to that exchange… you can borrow against it and you can also lend it out.” – Mike Cagney A new equity capital market native to blockchain is emerging, which is more significant than merely tokenizing existing stocks. “This is actually you know a brand new equity capital market that’s native on blockchain that is absolutely extensible under the broader defi ecosystem.” – Mike Cagney The growth of new yielding assets on-chain is expected to accelerate, with an addition of $1 billion per month. “We’re adding into the ecosystem about 1,000,000,000 a month of new yielding assets and that’s accelerating and you know we expect that to continue to grow as we go through the course of the year.” – Mike Cagney Access to liquid real-world assets that generate yield is the future of finance. “Getting the access to real world assets getting yield from real world assets that are liquid that you can see through into the marketplace, you know that that is the future.” – Mike Cagney

Standard Chartered on Tuesday downgraded its near-term outlook for Solana (CRYPTO: SOL) but raised long-term price targets, arguing the network is evolving beyond meme coin speculation toward stablecoin-driven micropayments. Near Term Cut, Long Term Raised Standard Chartered lowered its 2026 Solana target to $250 from $310 as the token struggles in the short term, recently trading near $97 following a sharp drawdown, Decrypt reported on Tuesday.

Tian Ruixiang Holdings Ltd (Nasdaq: TIRX) said it has entered a strategic agreement under which an unnamed investor would contribute 15,000 Bitcoin in exchange for an equity stake in the company. 

At Bitcoin’s (BTC) price of about $75,000 at the time of writing, the proposed contribution would be valued at about $1.1 billion.

Tian Ruixiang said the agreement also includes a strategic partnership focused on artificial intelligence and crypto initiatives, including the creation of a joint innovation lab to develop AI-powered trading and risk management tools, blockchain infrastructure, decentralized applications and products spanning layer-2 networks, DeFi and nonfungible tokens.

The company described the counterparty only as a global digital asset investor with experience across cryptocurrency and technology markets, and did not disclose transaction timing, custody arrangements or settlement mechanics.

Tian Ruixiang was founded in 2010 and operates as an insurance brokerage in China, providing property and casualty insurance services through its subsidiaries.

The company’s shares rose about 190% in early trading following the announcement, according to Yahoo Finance, giving it an intraday market capitalization of about $9.5 million, far below the implied value of the proposed Bitcoin transaction.

Source: Yahoo FinanceIf the deal is completed and Tian Ruixiang acquires 15,000 Bitcoin, it would rank as the world’s eighth-largest publicly traded Bitcoin treasury company.

By comparison, US-based crypto exchange Coinbase holds 14,548 Bitcoin, while Riot Platforms, a Bitcoin mining company, holds 18,005 BTC, according to data from BitcoinTreasuries.NET.

The news follows a Jan. 30 disclosure in which Tian Ruixiang said it was in advanced talks to acquire an unnamed Hong Kong–based insurance brokerage focused on AI- and crypto-enabled wealth management.

Bitcoin treasury companies in the red as market weakensNearly 200 publicly traded companies currently hold Bitcoin on their balance sheets, with combined holdings of about 1,135,671 BTC. But with Bitcoin’s recent pullback, several companies that built treasury positions are sitting on unrealized losses. 

Strategy, which began buying Bitcoin in August 2020, reports an average acquisition price of $76,052 per Bitcoin, leaving its holdings underwater as Bitcoin slipped to below $75,000 at the time of writing.

A more recent entrant, Twenty One Capital, co-founded by Jack Mallers, launched its treasury in April and holds 43,514 Bitcoin, making it the third largest Bitcoin treasury. The company last disclosed an average acquisition cost of $87,280 per Bitcoin.

While Bitcoin treasury companies initially drew strong attention from Wall Street, their valuations have struggled as the broader crypto market has weakened. 

In December, Altan Tutar, co-founder and CEO of crypto yield platform MoreMarkets, told Cointelegraph that most digital asset treasury companies are unlikely to survive in 2026, predicting that altcoin-focused treasuries will fail first. 

Ryan Chow, co-founder of the Bitcoin platform Solv Protocol, agreed, saying many Bitcoin treasury companies are “unlikely to survive the next downturn.”

Top 20 Bitcoin treasury companies. Source: Bitcointreasuries.NETMagazine: A ‘tsunami’ of wealth is headed for crypto: Nansen’s Alex Svanevik

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

Bitcoin’s on-chain fundamentals are flashing a powerful signal that hasn’t appeared since the last major bull run. Network Growth has surged to extreme levels, mirroring the same conditions seen in early 2021, just before BTC launched its historic rally toward new all-time highs. At the same time, liquidity is rapidly expanding across the market, suggesting fresh capital is flowing in.

Rising Network Adoption Strengthens Long-Term Bull Thesis The last time Bitcoin’s network growth and liquidity reached comparable extreme levels was in 2021, just ahead of BTC’s final surge to a new all-time high. Swissblock revealed on X that these metrics are now showing signs of recovery, signaling that a final bullish phase may be forming. 

However, the current divergence and rising metrics alongside the declining price action suggest that investors are re-entering the market primarily to sell. The critical question is whether this renewed participation can persist long enough to allow the market to stabilize. If Network Growth and Liquidity continue to expand sustainably, they could provide the fundamental catalyst for one last upside push before the cycle concludes.

Source: Chart from Swissblock on X FUD has intensified across social media following Bitcoin’s roughly 16% decline since January 28. Santiment has highlighted that after briefly dipping to around $74,600, BTC has rebounded toward $78,300, a move largely attributed to retail selling assets. This behavior is proof that markets move in the opposite direction of the crowd’s narrative.

Social sentiment has turned sharply negative, with social data indicating this is the most bearish that retail has seen since the November 21st crash. Historically, periods of extreme negativity like this have been followed by a short-term relief rally, and early price action suggests this bounce is beginning to resemble the previous two post-FUD recoveries.

How Next Cycle Leg Could Push Bitcoin To $104,000 Market expert and investor, The Milk Road, who previously nailed Bitcoin’s drop from its all-time highs, is now predicting a potential 40% gain starting immediately. According to Milk Road, BTC could still experience a correction ranging from -20% to -77% before the next major pivot, which is projected between November 19 and February 2. A shallow 20 to 34% drop seems unlikely. Locally, it should be more than that but smaller than 77%. 

Furthermore, BTC fell roughly -40% between its October 6, 2025, ATH and February 2, a move consistent with prior cycle behavior. Milk Road’s yearly cycle analysis signals a key pivot around February 2, after which BTC could stage a +40% rally, potentially reaching $104,000 between now and September.

BTC trading at $78,249 on the 1D chart | Source: BTCUSDT on Tradingview.com Featured image from Pixabay, chart from Tradingview.com

Journalist

Posted: February 4, 2026

Since the 29th of January, Binance Coin [BNB] has shed 14.63% in value. For comparison, Bitcoin [BTC] was down 12.29% in the same period. Yet, both BTC and BNB were above key swing levels on the weekly timeframe.

These levels, namely $74.5k for BTC and $500 for BNB, kept a ray of hope alive for long-term holders. At the time of writing, BNB has tested and rebounded from a support level stretching back to August.

Source: BNB/USDT on TradingView

BNB has not finished its downtrend on the daily timeframe. It saw a bearish structure shift in recent days when the price fell below the $818.39 low from December. While the $730 support from early August has been defended, the momentum was firmly bearish.

The selling volume took BNB’s OBV down, but the overall trend of the volume indicator has been upward over the past month. Meanwhile, the Awesome Oscillator sank below neutral zero last weekend and continued its descent during the recent price drop.

As things stand, swing traders can maintain a bearish bias. The weekly timeframe shows potential for recovery, but this could take time. Bitcoin’s momentum and the wider market fear could spook BNB investors.

The path ahead for BNB The 10/10 crash was caused by “irresponsible marketing campaigns” by certain companies, said OKX founder Star Xu. After that day, the “market’s microstructure fundamentally changed”, read his post on X.

Bitcoin has not regained its positive correlation with traditional markets since then, reported AMBCrypto. Binance has refuted these claims that it was the trigger for that day’s massive deleveraging event, attributing the move to macro shocks instead.

Should traders sell, or stay sidelined?

Source: BNB/USDT on TradingView

The $780-$790 and the $810-$840 areas were overhead supply zones to watch out for. In particular, the former $820 support zone, now a resistance, could rebuff a lower timeframe BNB rebound.

Traders and investors can expect a bearish outcome upon such a retest. On the other hand, if $840 is reclaimed, they can flip their biases bullishly. To the south, $730 and $687 are key support levels to watch.

Final Thoughts The BNB price action had been strongly bullish for a good chunk of 2025, but was stuck enacting a deep retracement. The current bearish sentiment might take weeks to blow over, assuming a BNB long-term recovery is still feasible- which would depend on BTC holding $74k. Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion.

Akashnath S is a Senior Journalist and Technical Analysis expert at AMBCrypto. He specializes in dissecting price action, identifying key market trends through advanced chart patterns, and forecasting both short-term and long-term asset trajectories. His distinct analytical method is grounded in his academic training as a Chemical Engineer. This background provides him with a systematic, process-oriented approach to market data, enabling him to analyze the complex dynamics of financial markets with precision and objectivity. Having actively covered the cryptocurrency space since the landmark 2017 market cycle, Akashnath possesses years of experience navigating both bull and bear markets. This seasoned perspective is critical to his insightful reporting on market volatility and evolution. As an active market participant, Akashnath enhances his analysis with crucial, hands-on experience. This practical application of his technical skills ensures his insights are not merely theoretical, but are also relevant and actionable for an audience looking to understand and navigate trading opportunities. He is dedicated to educating readers on the nuances of technical analysis, empowering them with the knowledge to make more informed financial decisions.

Can AI revive a failing cryptocurrency? Internet Computer investors are about to find out.

In 2026, it's getting harder and harder to find winners in the crypto market. Bitcoin (BTC 2.08%) is still down 5% for the year, and that's dragging down every other major cryptocurrency.

But there's one name that stands out, if for no other reason than it's still in the green in 2026: Internet Computer (ICP +2.00%). It's up a modest 2% for the year. So, is it worth a closer look by crypto investors?

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Internet Computer's five-year chart Long-time crypto investors probably recognize the name Internet Computer. It briefly soared to fame during the crypto bull market rally of 2020-2021. After hitting an all-time high of $750 in May 2021, though, the company rapidly collapsed in value. By the end of the year, it was trading for less than $30.

For the past few years, Internet Computer has been flatlining. Today, it trades for just under $3, capping off a stunning 99.5% decline in price.

You can see for yourself. Just check out this five-year chart for Internet Computer. Its price fell off a cliff in 2021 and, after hitting rock bottom, has absolutely flatlined. Zero signs of life.

So, there's definitely reason to be skeptical. A modest 2% return in the first 30 days of 2026 is nothing to get excited about, especially when it has already lost 99.5% of its value. If anything, it's likely to be nothing more than a dead cat bounce. That helps to explain why nobody's talking about the company.

Is AI a possible catalyst? However, Internet Computer may have found the one catalyst capable of bringing it back to life. Yes, I'm talking about artificial intelligence (AI).

Image source: Getty Images.

In any list of popular AI cryptos, Internet Computer is usually included. For example, CoinMarketCap ranks it third in its list of Top AI & Big Data Tokens. CoinGecko ranks the company fourth in its list of Top Artificial Intelligence Coins.

That's because Internet Computer is putting more emphasis on AI-powered applications that can run on its decentralized blockchain. There's even an AI-powered, no-code platform called Caffeine that runs on top of the Internet Computer blockchain. This should make it even easier for users to develop unique AI-powered apps.

So, perhaps more investors should be talking about Internet Computer. High-profile investors such as Cathie Wood of Ark Invest have already highlighted the potential intersections between AI technology and blockchain technology. Perhaps Internet Computer is part of this growing trend and should be taken more seriously?

However, I've always been skeptical of failing cryptocurrencies trying to reinvent themselves for whatever happens to be the flavor of the day in the tech industry. In this case, the flavor of the day is AI. And I simply can't ignore the absolutely dreadful five-year chart for Internet Computer. For now, I'm avoiding Internet Computer and looking elsewhere for my exposure to artificial intelligence.

TL;DR Ripple moves into execution phase with Mastercard, shifting blockchain settlement from pilots to live card payment flows using RLUSD on the XRP Ledger, with transactions settling in seconds instead of days. Mastercard confirms stablecoins operate as a native settlement asset within its regulated network, keeping consumer payment experiences unchanged while modernizing back-end infrastructure.

TL;DR:

Dogecoin is trading near $0.107, facing an unusual “double death cross” configuration. The 23-week and 50-week moving averages threaten to cross below the 200-week exponential moving average. Analysts warn that failing to reclaim $0.153 could push the asset into a phase of high volatility. The memecoin segment is experiencing a moment of high technical tension that could define its future for the remainder of 2026. Currently, the debate centers on the Dogecoin death cross and DOGE price action, following the formation of a rare bearish pattern on the weekly chart.

The asset is currently trading around $0.107, struggling to stay above the support levels established during October’s mass liquidations. However, the emergence of a double moving average cross suggests that selling pressure could intensify in the coming weeks.

A death cross occurs when shorter-term simple moving averages—in this case, the 23-week and 50-week—head dangerously toward a cross below the long-term 200-week exponential moving average. Given this phenomenon, technical analysts consider this configuration a warning signal that investors should not ignore.

Critical Levels and the Potential Capitulation Scenario To avoid a major collapse, bulls must push the asset’s value above the final resistance located at $0.153. If the memecoin fails to break this barrier decisively, a period of chaotic volatility is likely to be triggered, testing the community’s patience.

Typically, a single death cross has triggered drops between 15% and 30% in previous memecoin cycles. In this regard, the proximity of a double cross near multi-month lows makes the threat much more severe for long-term holders.

In summary, the outlook for DOGE is worsened by the lack of buying volume and the absence of significant moves by “whales.” Unless an unexpected rally occurs before the end of February, the technical chart suggests that the most difficult days for the coin are yet to come.

TL;DR

The Avalanche Policy Coalition creates an advisory council to help shape global crypto regulation. Its key priorities are token classification, intermediary definitions, and preserving open internet access. The timing responds to advancing legal frameworks in the U.S., EU, UK, and Japan. The Avalanche Policy Coalition announced the creation of a new advisory council aimed at shaping crypto regulation as legal frameworks take form across major economies. The council brings together legal, financial, and policy leaders connected to Avalanche and responds to growing regulatory pressure in the United States, Europe, and Asia. The initiative reflects a coordinated effort to address policy questions that affect blockchain networks operating across borders.

The council operates under the leadership of Lee Schneider, general counsel at Ava Labs, and includes figures such as Chris Holmes, member of the UK House of Lords, along with executives from Avalanche-affiliated treasury and technology firms. Organizers link the decision to the consolidation of four Avalanche-related entities, a structure that now supports a unified policy voice tied to the AVAX network.

Ava Labs is on the forefront of policy. https://t.co/AAO2jbdvAe

— Ava Labs 🔺 (@AvaLabs) February 3, 2026

Regulatory coordination gains urgency across crypto markets The advisory body defines three main priorities set for 2026. Members concentrate on how regulators classify tokens, how laws describe intermediaries, and how rules preserve open access to the internet. Each topic addresses long-standing legal gaps that affect how blockchain projects operate under existing financial law. Council members frame the agenda as global in reach, rather than limited to a single jurisdiction.

Timing plays a central role. In the United States, lawmakers advance broader crypto legislation after approving a stablecoin bill during the summer. At the same time, the Securities and Exchange Commission and the Commodity Futures Trading Commission review internal rules tied to digital assets. Parallel efforts appear overseas. 

The European Union rolls out its Markets in Crypto-Assets Regulation, while the United Kingdom prepares a regulatory regime scheduled for implementation in 2027. Japan continues refining a framework already considered mature by international standards.

Schneider stresses alignment across regions as a practical necessity. Regulations do not require uniform language, yet shared principles reduce friction for firms operating across borders. Divergent rules, he argues, create legal gaps that complicate global launches and cross-market activity. 

The council positions its work as a bridge between policymakers and blockchain builders, aiming to keep crypto regulation grounded in technical reality while remaining consistent across jurisdictions.

, /PRNewswire/ -- Moore Law, PLLC, a shareholder litigation law firm located on Wall Street, is investigating potential claims against the officers and directors of CoreWeave, Inc. (CRWV):

BellRing Brands, Inc. (NYSE: BRBR) shareholders should email [email protected] What is the Investigation About?

BellRing develops, markets, and sells "convenient nutrition" products such as ready-to-drink ("RTD") protein shakes primarily under the brand name Premier Protein. The company, or certain of its officers, has allegedly represented that sales growth reflected increased end-consumer demand, attributing results to "organic growth," "distribution gains," "incremental promotional activity," and "[s]trong macro tailwinds around protein" among other factors. It is alleged that at the same time, the company, or certain of its officers, downplayed the impact of competition on demand, insisting BellRing was not experiencing any significant changes in competition, and that in the RTD category particularly, BellRing possessed a "competitive moat," given that "the ready-to-drink category is just highly complex" and the products are "hard to formulate." As alleged, in truth, BellRing's reported sales were driven by its key customers stockpiling inventory and did not reflect increased end-consumer demand or brand momentum. Following the destocking, BellRing admitted that competitive pressures were materially weakening demand.

On this news, the price of BellRing's shares fell $17.46 per share, or nearly 33%, from $53.64 per share on August 4, 2025, to $36.18 per share on August 5, 2025.

If you own BellRing Brands, Inc. (NYSE: BRBR) please contact Fletcher Moore at [email protected].

You may be able to seek monetary damages, corporate governance reforms, reimbursement to the company, and a court approved incentive award at no cost to you whatsoever. All representation is on a contingency fee basis. Shareholders pay no fees or expenses.

MOORE LAW PLLC
30 Wall Street, 8th Floor
New York, NY 10005
[email protected]
www.fmoorelaw.com

SOURCE Moore Law PLLC

LOS ANGELES--(BUSINESS WIRE)--The Law Offices of Frank R. Cruz announces an investigation of Corcept Therapeutics Incorporated (“Corcept” or the “Company”) (NASDAQ: CORT) on behalf of investors concerning the Company’s possible violations of federal securities laws.

IF YOU ARE AN INVESTOR WHO LOST MONEY ON CORCEPT THERAPEUTICS INCORPORATED (CORT), CLICK HERE TO INQUIRE ABOUT POTENTIALLY PURSUING A CLAIM TO RECOVER YOUR LOSS.

What Is The Investigation About?

On December 31, 2025, Corcept announced the U.S. Food and Drug Administration (“FDA”) had issued a Complete Response Letter (“CRL”), declining to approve the Company’s New Drug Application (“NDA”) for relacorilant as a treatment for patients with hypertension secondary to hypercortisolism. The Company stated it was “surprised and disappointed by this outcome.”

On this news, Corcept’s stock price fell $35.40 per share, or 50.42%, to close at $34.80 per share on December 31, 2025.

Then, on January 29, 2026, the FDA published an updated CRL regarding Corcept’s relacorilant NDA. The updated letter revealed that “[d]uring the pre-submission meetings, [the FDA] informed [Corcept] on several occasions of [its] concerns about the adequacy of the clinical development program to assess the effect of relacorilant” and “to expect significant review issues if [Corcept] were to submit [its] application.”

On this news, Corcept’s stock price fell $4.71, or 10.6%, to close at $39.87 per share on January 30, 2026, thereby injuring investors.

Contact Us To Participate or Learn More:

If you purchased Corcept securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us:

The Law Offices of Frank R. Cruz,
2121 Avenue of the Stars, Suite 800,
Century City, California 90067
Call us at: 310-914-5007
Email us at: [email protected]
Visit our website at: www.frankcruzlaw.com.
Follow us for updates on Twitter at twitter.com/FRC_LAW.

If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

More News From The Law Offices of Frank R. Cruz

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

, /PRNewswire/ -- The Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Varonis Systems, Inc. ("Varonis" or the "Company") (NASDAQ: VRNS).

IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN VARONIS SYSTEMS, INC. (VRNS), CONTACT THE LAW OFFICES OF HOWARD G. SMITH BEFORE MARCH 9, 2026 (LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.

Contact the Law Offices of Howard G. Smith to discuss your legal rights by email at [email protected], by telephone at (215) 638-4847 or visit our website at www.howardsmithlaw.com.

What Is The Lawsuit About?
The complaint filed alleges that, between February 4, 2025 and October 28, 2025, Defendants failed to disclose to investors that: (1) Varonis was ill-equipped to continue its ARR growth trajectory without maintaining a significantly high rate of quarterly conversions; and (2) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

Contact Us To Participate or Learn More:
If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact:
Howard G. Smith, Esq.,
Law Offices of Howard G. Smith,
3070 Bristol Pike, Suite 112,
Bensalem, Pennsylvania 19020,
Call us at: (215) 638-4847
Email us at: [email protected],
Visit our website at: www.howardsmithlaw.com.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Contact Us:
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
[email protected]
www.howardsmithlaw.com

SOURCE Law Offices of Howard G. Smith

New York, New York--(Newsfile Corp. - February 3, 2026) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Bath & Body Works, Inc. (NYSE: BBWI) between June 4, 2024 and November 19, 2025, both dates inclusive (the "Class Period"), of the important March 16, 2026 lead plaintiff deadline.

SO WHAT: If you purchased Bath & Body Works securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Bath & Body Works class action, go to https://rosenlegal.com/submit-form/?case_id=50622 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 16, 2026. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved, at that time, the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made materially false and/or misleading statements, and that defendants failed to disclose that: (1) Bath & Body Works' strategy of pursuing "adjacencies, collaborations and promotions" was not growing the customer base and/or delivering the level of growth in net sales touted; (2) as Bath & Body Works' strategy of "adjacencies, collaborations and promotions" faltered, it relied on brand collaborations "to carry quarters" and obfuscate otherwise weak underlying financial results; (3) as a result, Bath & Body Works was unlikely to meet its own previously issued financial guidance; and (4) as a result of the foregoing, defendants' positive statements about Bath & Body Works' business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Body & Body Works class action, go to https://rosenlegal.com/submit-form/?case_id=50622 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/282570

Source: The Rosen Law Firm PA

Ready to Announce with Confidence? Send us a message and a member of our TMX Newsfile team will contact you to discuss your needs.

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Chipotle Mexican Grill is expected to report its fourth-quarter earnings after the bell on Tuesday.

Here's what Wall Street analysts surveyed by LSEG are anticipating the company will report:

Earnings per share: 24 cents expectedRevenue: $2.96 billion expectedOver the past year, shares of Chipotle have lost roughly a third of their value, dragging the company's market value down to about $51 billion. Investor enthusiasm for the stock waned after the fast-casual chain began reporting shrinking traffic to its restaurants.

In late October, Chipotle reported its third straight quarter of declining traffic. CEO Scott Boatwright said at the time that the company is seeing "consistent macroeconomic pressures," and consumers across all income cohorts are visiting less frequently.  

This quarter, Wall Street is projecting that the trend worsened and that Chipotle's same-store sales fell 3%, according to StreetAccount estimates.

But all eyes will be on the company's full-year forecast, which should reveal whether executives think Chipotle can turn around the business in short order.

Chipotle executives are scheduled to hold a call with investors at 4:30 p.m. ET.

Demant A/S (WILYY) Q4 2025 Earnings Call February 3, 2026 8:00 AM EST

Company Participants

Peter Pudselykke - Head of Investor Relations (Leave of Absence)
Søren Nielsen - CEO, President & Member of Executive Board
René Schneider - CFO, President of Group Services & Member of Executive Board

Conference Call Participants

Richard Felton - Goldman Sachs Group, Inc., Research Division
Martin Parkhoi - SEB, Research Division
Hassan Al-Wakeel - Barclays Bank PLC, Research Division
Julien Ouaddour - BofA Securities, Research Division
Andjela Bozinovic - BNP Paribas, Research Division
Martin Brenoe - Nordea Markets, Research Division
Veronika Dubajova - Citigroup Inc., Research Division
Susannah Ludwig - Bernstein Institutional Services LLC, Research Division
Niels Granholm-Leth - DNB Carnegie, Research Division
Carsten Madsen - Danske Bank A/S, Research Division
Jack Reynolds-Clark - RBC Capital Markets, Research Division

Presentation

Peter Pudselykke
Head of Investor Relations (Leave of Absence)

Good afternoon, everyone, and welcome to the Conference Call for Demant's 2025 Annual Results. My name is Peter Pudselykke, and I'm heading up the Investor Relations activities here in Demant.

With me here today, I have the usual team, our President and CEO, Soren Nielsen; our CFO, Rene Schneider; as well as Gustav Hoegh from the IR team.

For the call, we will do a presentation, which will be followed by a Q&A. We expect the session to last no more than 1 hour in total. [Operator Instructions] before we dig into the presentation, please do pay notice to the disclaimer on Slide #2.

And with that, I will go to Slide #3, we'll pass the baton to Soren, to kick-off the presentation.

Søren Nielsen
CEO, President & Member of Executive Board

Thank you very much, Peter, and welcome, everybody. The agenda for today is key events for 2025 financial takeaways, and then comment on sustainability advancement. More details on business area reviews, not the least the fourth quarter. Then Rene he will do group

MINNEAPOLIS--(BUSINESS WIRE)--Great River Energy, ITC Midwest and Xcel Energy (NASDAQ: XEL) proposed a series of new electric transmission lines today that will help deliver continued reliable electricity for energy consumers throughout the region and connect new sources of electricity to the grid to serve increasing and evolving demands for electricity. Today, the project partners submitted an application for a Certificate of Need for PowerOn Midwest to the Minnesota Public Utilities Commission (MPUC).

PowerOn Midwest is a series of new electric transmission projects anchored by a 765 kilovolt (kV) backbone transmission line that will connect to the existing transmission grid in eastern South Dakota, travel across southern Minnesota and connect to the broader regional grid. In Minnesota, the 765 kV line will connect the Lakefield, Pleasant Valley and North Rochester substations in Jackson, Mower and Olmstead counties.

“PowerOn Midwest is a vital investment for Minnesota and the entire Upper Midwest,” said the utility partners. “By strengthening the transmission system, these transmission lines will help ensure reliable, affordable electricity for Minnesota homes and businesses, support economic growth and enable access to lower-cost energy resources across the Upper Midwest. Together, we’re building a grid that meets today’s needs and positions our region for a sustainable future.”

These projects are essential to move large volumes of electricity from where it’s generated to where it’s needed, ensuring reliable energy delivery in all seasons, at all times. This new infrastructure can accommodate energy from all sources — helping communities thrive as energy needs change.

The projects were part of the portfolio approved in December 2024 by the region’s grid operator, the Midcontinent Independent System Operator (MISO), as part of the second set of projects in its Long Range Transmission Plan. In this historic portfolio, MISO approved 24 transmission projects including several 345 kV projects in Minnesota, North Dakota and South Dakota, as well as this 765 kV transmission backbone infrastructure.

The companies jointly held 17 public open houses in Minnesota and numerous stakeholder meetings over the past year to provide opportunities for engagement with landowners, local governments, agencies and Tribal Nations.

Pending approval of the Certificate of Need application in Minnesota, the companies will work closely with landowners and communities throughout the project area to seek input that will help determine the best line route to propose in their future Route Permit application.

Planning for the future

The way we generate and use electricity is changing — and demand is growing due to new homes, businesses, technologies and industries. Modern, expanded transmission systems like PowerOn Midwest will help ensure continued reliable electricity every hour of every day.

Route options are still in development and the companies will work with landowners as that process continues. Route Permit applications will be filed with the MPUC in 2027. Project development continues in South Dakota where a Facility Permit is expected to be filed later in 2026.

Subject to regulatory approvals, the companies expect construction of the transmission line to begin by 2030 and the line to be operational in 2034.

In addition to the proposed 765 kV projects, two 345 kV projects are included in the Certificate of Need application. The companies would rebuild an existing single-circuit 345 kV line between Pleasant Valley and North Rochester substation, and add a second circuit to the existing 345 kV transmission line between the Hampton and North Rochester substations.

For more information about PowerOn Midwest, visit poweronmidwest.com. Anyone interested can subscribe to receive updates about the project from the MPUC. Visit mn.gov/puc and click on edockets. Then enter docket number 25-117.

Great River Energy, Maple Grove, Minnesota, is a not-for-profit wholesale electric power cooperative which provides electricity to approximately 1.7 million people through its member-owner cooperatives and customers. Through its member-owners, the cooperative serves two-thirds of Minnesota geographically and parts of Wisconsin. Great River Energy has more than 5,100 miles of high-voltage transmission lines. Learn more at greatriverenergy.com.

Xcel Energy (NASDAQ: XEL) is a leading energy provider, dedicated to serving millions of customers with excellence. We make energy work better for customers, helping them thrive every day. That means always raising the bar — delivering better service and providing more reliable, resilient and sustainable energy. We are committed to leading the clean energy transition, meeting our customers’ need for more, cleaner power, while keeping bills as low as possible. Because the people we serve depend on us to power their lives. Headquartered in Minneapolis, we work every day to generate and distribute electricity and gas to customers across eight states: Minnesota, Colorado, Wisconsin, Michigan, North Dakota, South Dakota, New Mexico and Texas. For more information, visit xcelenergy.com or follow us on X and Facebook.

ITC Midwest LLC is a wholly-owned subsidiary of ITC Holdings Corp., the nation’s largest independent electricity transmission company. ITC Midwest operates more than 6,600 circuit miles of transmission lines in Iowa, Minnesota, Illinois, Missouri and Wisconsin. ITC Midwest is headquartered in Cedar Rapids, Iowa, and maintains regional operating facilities in Dubuque, Iowa City and Perry, Iowa; and Albert Lea and Lakefield, Minnesota. For further information visit itcmidwest.com. ITC is a subsidiary of Fortis Inc., a leader in the North American regulated electric and gas utility industry. For further information visit fortisinc.com.

Partners PG&E, PG&E Foundation, UC Berkeley Haas and The Mills Institute at Northeastern Celebrate New Graduates of Program

, /PRNewswire/ -- Twenty-five high school students will receive $7,000 scholarships when they graduate from the PG&E Community Financial Education Program on Saturday (Feb. 7) at the University of California, Berkeley. The program provides students with advanced financial education.

Pacific Gas and Electric Company (PG&E) and The PG&E Corporation Foundation (PG&E Foundation) launched the program in 2022 to help build more resilient communities by helping students create a foundation for long-term success and prosperity.

PG&E and its partners, including UC Berkeley's Haas School of Business, designed the program for high school seniors from underserved communities to focus on personal finance, capital markets and wealth creation, and investments. Undergraduate students at Haas mentored the high schoolers.

Participants say the skills they acquired will help guide them to future success.

"The PG&E program has helped shape how I approach future financial decisions. It strengthened my understanding of budgeting and taught me how to make informed, responsible choices about my finances, especially as I prepare for the costs of college and life beyond that," said Xariyah White, a student at De Anza High School in Richmond and program graduate this year.

"This program created an on-ramp for me to explore my passion for the business world, while envisioning myself as a UC Berkeley Haas student. As a scholar in the UC Berkeley Haas Spieker four-year program, I am grateful for the PG&E program and the infinite opportunities they create for me to receive continued mentorship and guidance," said Mariah McCoy, a former program participant. 

When the PG&E program began in 2022, program partners hoped it could serve as a model for future high school curriculum. In 2024, California passed legislation providing high school students have access to a personal finance course by 2027. The legislation also makes personal finance education a graduation requirement by 2031.

The graduating students completed the course at UC Berkeley's Haas School of Business during Saturday classes over six months. Haas professors and financial industry professionals taught the courses. The program also reinforces academic leadership and the value of higher education.

Over the past four years, 96 Oakland-area high school seniors have gone through the program. This year's class brings the total amount of student scholarships funded by the PG&E Corporation to $800,000. PG&E and the PG&E Foundation pay for the program.

Partners Contributions

In addition to the Haas School of Business, other program partners include Berkeley Executive Education, The Mills Institute at Northeastern University and Amenti Capital Group.

The Mills Institute at Northeastern University TRIO Programs recruited student participants through programs aimed at helping underserved high school and first-generation college students.

The curriculum was developed with UC Berkeley Haas Professor and Faculty Director Panos Patatoukas and Jason Miles, a venture capitalist. Miles has more than 25 years of experience in the financial services industry and founded Amenti Capital Group.

"Now in its fourth year, this program highlights the power of early and broad access to high-quality financial education in expanding opportunity and narrowing persistent wealth gaps. I'm proud of what this partnership has achieved and excited to continue driving positive impact for Bay Area youth," said Patatoukas.

"This program empowers future leaders with early, practical investing knowledge. This education expands access to capital markets by strengthening the pipeline of future founders and investors shaping the global innovative economy. I am deeply committed to catalyzing generational wealth creation alongside like-minded partners and this exceptionally talented community of students," said Miles.

PG&E's Chief Customer Officer and SVP, Customer Experience, Vincent Davis will be a featured speaker at the upcoming graduation.

"We believe education is a powerful catalyst for increasing prosperity in California. By investing in early financial education, we're empowering young people with the confidence, skills, and resources to build brighter financial futures for themselves and our communities," said Davis.

Studies have shown that complex factors across generations affect wealth disparity. One such factor is how personal savings and investment decisions contribute to wealth accumulation.

One student already charting success is Otis Ward, an early graduate of the program who shared his journey in the PG&E short film "Change the System: Building Black Wealth." Ward is currently attending Stanford University.

About PG&E
Pacific Gas and Electric Company, a subsidiary of PG&E Corporation (NYSE: PCG), is a combined natural gas and electric utility serving more than 16 million people across 70,000 square miles in Northern and Central California. For more information, visit pge.com and pge.com/news  

About The PG&E Corporation Foundation
The PG&E Corporation Foundation is an independent 501(c)(3) nonprofit organization, separate from PG&E and sponsored by PG&E Corporation.

About the Haas School of Business, University of California, Berkeley
As the second-oldest business school in the United States, UC Berkeley Haas has been questioning the status quo since its founding in 1898. Berkeley Haas offers outstanding management education to about 2,500 undergraduate and graduate students from around the world to attend one of its six degree-granting programs and join the school's network of over 46,000 alumni worldwide.

About Berkeley Executive Education
UC Berkeley Executive Education serves leaders and organizations who aspire to redefine the future of business, delivering over 150 programs annually to a global audience. Its immersive learning experiences, led by renowned UC Berkeley faculty, equip global executives and their organizations with the vision and capabilities to thrive in an evolving world.

About Northeastern University
Founded in 1898, Northeastern is a global research university and the recognized leader in experience-driven lifelong learning. Our world-renowned experiential approach empowers our students, faculty, alumni, and partners to create impact far beyond the confines of discipline, degree, and campus.

Northeastern's comprehensive array of undergraduate and graduate programs — on-campus, online, and in hybrid formats — lead to degrees through the doctorate in nine colleges and schools. Among these, we offer more than 140 multi-discipline majors and degrees designed to prepare students for purposeful lives and careers.

About Amenti Capital Group
Amenti Capital Group is an emerging merchant bank that provides independent advisory services and venture capital to early-stage technology companies in high growth ecosystems. We leverage deep industry knowledge, operational expertise, and longstanding relationships to deliver attractive returns through our end-to-end model. We serve entrepreneurs and sophisticated investors while following our core principles of innovation, integrity and inclusion.

SOURCE Pacific Gas and Electric Company

, /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with losses related to SLM Corporation a/k/a Sallie Mae ("SLM" or the "Company") (NASDAQ: SLM) have opportunity to lead the securities fraud class action lawsuit.

IF YOU ARE AN INVESTOR WHO SUFFERED A LOSS IN SLM CORPORATION (SLM), CLICK HERE BEFORE FEBRUARY 17, 2026 (THE LEAD PLAINTIFF DEADLINE) TO PARTICIPATE IN THE ONGOING SECURITIES FRAUD LAWSUIT.

What Is The Lawsuit About?
The complaint filed alleges that, between July 25, 2025 and August 14, 2025, Defendants failed to disclose to investors that: (1) SLM was experiencing a significant increase in early stage delinquencies; (2) accordingly, Defendants overstated the effectiveness of SLM's loss mitigation and/or loan modification programs, as well as the overall stability of the Company's PEL delinquency rates; and (3) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.

Contact Us To Participate or Learn More:
If you wish to learn more about this action, or if you have any questions concerning this announcement or your rights or interests with respect to these matters, please contact us.
The Law Offices of Frank R. Cruz,
Email us at: [email protected]
Call us at: 310-914-5007
Visit our website at: www.frankcruzlaw.com
Follow us for updates on Twitter: twitter.com/FRC_LAW.

If you inquire by email, please include your mailing address, telephone number, and number of shares purchased.

To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

SOURCE The Law Offices of Frank R. Cruz, Los Angeles

Key Takeaways Carrier Global is set to report Q4 2025 on Feb. 5, with EPS seen at 36 cents and revenues at $5.04 billion.CARR expects strong Americas commercial HVAC demand and double-digit aftermarket growth in Q4.Carrier Global faces pressure from weak demand,softer China trends, and 30% lower CSA Resi sales. Carrier Global (CARR - Free Report) is scheduled to report fourth-quarter 2025 results on Feb. 5, 2026.

The Zacks Consensus Estimate for earnings is pegged at 36 cents per share, down 10% over the past 30 days, suggesting a year-over-year increase of 33.33%.

The Zacks Consensus Estimate for revenues is pegged at $5.04 billion, indicating a 2.04% year-over-year decline.

For 2025, CARR expects to achieve sales of $22 billion, reflecting flat organic growth. The company anticipates adjusted earnings of $2.65 per share, indicating year-over-year growth of 4%.

The Zacks Consensus Estimate for revenues is pegged at $21.95 billion, indicating an 8.54% year-over-year decline. The consensus mark for earnings is pegged at $2.61 per share, down 3 cents over the past 30 days, suggesting a year-over-year increase of 1.95%.

Carrier Global’s earnings surpassed the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 10.22%.

Let’s see how things might have shaped up prior to the announcement.

Factors Likely to Have Influenced CARR’s Q4 PerformanceCarrier Global’s fourth-quarter performance is expected to have benefited from strong momentum in its Commercial HVAC and aftermarket services segments. The company’s strong momentum in the Americas’ commercial business is expected to have driven revenue growth in the to-be-reported quarter.  In the Americas, the Commercial HVAC segment is expected to have grown more than 25% for 2025, with data centers and industrial production being key drivers of this growth.

Aftermarket services, which involve the repair, maintenance and replacement of equipment, have been seeing double-digit growth for several years. This trend is likely to have continued in the to-be-reported quarter as well.

Carrier Global’s integration of Viessmann Climate Solutions and the launch of Toshiba VRF product line and energy-efficient container units are expected to have boosted heat pump volumes and expanded its reach in their respective markets in the to-be-reported quarter.

However, weakness in CARR’s residential and light commercial businesses, particularly in the Americas and Europe, remains a concern. The residential and light commercial segment in China continues to experience sluggish demand, further hurting overall performance. In the fourth quarter of 2025, CSA Resi sales are expected to have declined approximately 30%, with volumes down about 40%, due to ongoing destocking efforts and weak movement in the residential market.

What Our Model Says for CARRAccording to the Zacks model, the combination of a positive Earnings ESP and Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the exact case here.

Carrier Global has an Earnings ESP of -1.13% and a Zacks Rank #3 (Hold). You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Stocks to ConsiderHere are some companies worth considering, as our model shows that these have the right combination of elements to beat on earnings in their upcoming releases:

Analog Devices (ADI - Free Report) has an Earnings ESP of +2.98% and a Zacks Rank #2 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.

Analog Devices' shares have gained 53.8% in the trailing 12-month period. ADI is set to report first-quarter 2026 results on Feb. 18, 2026.

Microchip Technology (MCHP - Free Report) has an Earnings ESP of +1.34% and a Zacks Rank #1.

Microchip Technology shares have gained 46.8% in the past 12-month period. MCHP is likely to report its third-quarter fiscal 2026 results on Feb. 5, 2026

MKS (MKSI - Free Report) has an Earnings ESP of +2.68% and a Zacks Rank #1.

MKS shares have gained 110.2% in the past 12-month period. The company is likely to report its fourth-quarter 2025 results on Feb. 17, 2026.

Kitco News

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Oracle Corporation is executing a $50 billion capital raise to fund major AI data center projects and address market concerns over funding risks. ORCL's AI-driven growth is underappreciated, with revenue forecast to surge from $57 billion in FY25 to $225 billion in FY30 and EPS tripling. Despite $108 billion in debt and negative free cash flow from heavy capex, ORCL generates strong operating cash flows and is de-risking its capital structure.

The Moscow Exchange is preparing a significant expansion of its cryptocurrency-linked derivatives market, signaling a broader shift in how Russian investors may access digital assets. 

In plans outlined for 2026, the exchange intends to introduce new indices tracking Solana, Ripple, and Tron. Consequently, it also aims to launch futures contracts based on these benchmarks, further embedding crypto-linked products into Russia’s regulated financial system.

New Crypto Indices to Anchor Futures ExpansionAccording to disclosures made on RBC Radio in early February 2026, the Moscow Exchange will first develop and publish indices for Solana, Ripple, and Tron. These indices will mirror the approach already used for its Bitcoin and Ethereum benchmarks. Hence, they will act as the mandatory underlying assets required for futures trading in Russia.

The exchange already calculates indices for Bitcoin and Ethereum and offers monthly futures tied to them. Additionally, it plans to follow the same structure for the new crypto-linked contracts. 

Each futures product will settle in cash, without any delivery of the underlying cryptocurrency. This structure aligns with regulatory requirements set by the Bank of Russia.

Significantly, access to these derivatives will remain limited to qualified investors under existing legislation. The exchange views this gradual expansion as a controlled way to meet institutional demand while remaining compliant with domestic rules.

Perpetual Futures and Broader Product AmbitionsBeyond index-based futures, the Moscow Exchange is also considering perpetual futures for Bitcoin and Ethereum in 2026. These instruments roll over daily and closely track index performance. Moreover, the exchange has signaled long-term interest in adding options tied to crypto indices once the futures lineup matures.

This strategy builds on developments from 2025, when the exchange launched four crypto-related futures. These included contracts linked to the iShares Bitcoin Trust ETF and the iShares Ethereum Trust ETF, alongside its in-house Bitcoin and Ethereum indices. Hence, the platform continues to blend international reference products with locally calculated benchmarks.

Regulation Shapes Investor AccessRegulatory changes have played a central role in this expansion. In May 2025, the Bank of Russia permitted financial institutions to offer crypto-linked derivatives, securities, and digital assets. 

However, regulators prohibited physical cryptocurrency delivery. Consequently, all exchange-traded crypto derivatives in Russia remain cash-settled.

Additionally, in December 2025, the central bank unveiled a draft framework for broader crypto market regulation. This proposal envisions future access for non-qualified investors under strict limits and testing requirements. Lawmakers expect to finalize the legislative framework by July 1, 2026.

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