Market Signal Briefing

, /PRNewswire/ -- The DJS Law Group reminds investors of a class action lawsuit against Fermi Inc. ("Fermi " or "the Company") (NASDAQ: FRMI ) for violations of the federal securities laws.

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

CLASS PERIOD:  pursuant and/or traceable to Fermi's initial public offering ("IPO") conducted in October 2025, and/or between October 1, 2025, and December 11, 2025, both dates inclusive (the "Class Period").

DEADLINE: March 6, 2026

CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Fermi's "Project Matador" campus was largely depending on a funding commitment from a single potential tenant who was at risk of terminating this commitment. The Company understated the extent to which it relied on this tenant to investors. Based on these facts, Fermi's public statements were false and materially misleading throughout the IPO period.

If you are a shareholder who suffered a loss, contact us to participate.

WHY DJS LAW GROUP?  DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.

Join the case to recover your losses.

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

CONTACT:

David J. Schwartz

DJS Law Group

274 White Plains Road, Suite 1

 Eastchester, NY 10709

Phone: 914-206-9742

Email: [email protected]

SOURCE DJS Law Group LLP

Danish shipping giant Maersk on Friday temporarily suspended two services linking the Middle East to Asia and Europe as the Iran war continues to disrupt global supply chains.

The company, widely regarded as a barometer of global trade, said the decision to halt the FM1 service, connecting the Far East to the Middle East, and the ME11 Service, linking the Middle East to Europe, was a precautionary measure to ensure the safety of its personnel and vessels.

It comes as the U.S. and Israeli-led war on Iran enters its seventh day, with the expanding conflict resulting in the effective halt of shipping traffic through the strategically vital Strait of Hormuz.

The waterway is a key, narrow maritime corridor that connects the Persian Gulf and the Gulf of Oman. Roughly 20% of global oil and gas typically passes through it.

Container shipping giants, however, have suspended operations through the Strait of Hormuz since the U.S. and Israel launched attacks on Iran on Feb. 28 and rerouted vessels around the southern tip of Africa.

The crisis has left 147 container ships sheltering in the Persian Gulf, according to freight analytics firm Xeneta, prompting delays, port congestion, and freight rate increases that are rippling across global markets.

Alongside the changes to the FM1 service and the ME11 service, Maersk said its shuttle services in the Persian Gulf region were suspended until further notice.

The ME1 service connecting the Middle East to northern Europe will temporarily drop the call in Jebel Ali, a major port city in the United Arab Emirates, Maersk said, and continue to call India and Oman.

Shares of Maersk were last seen 0.6% lower.

5.99K Followers

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 Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Ramaco Resources, Inc. ("Ramaco" or "the Company") (NASDAQ: METC) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company's securities between July 31, 2025 and October 23, 2025, inclusive (the "Class Period"), are encouraged to contact the firm before March 31, 2026.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Ramaco failed to commence meaningful mining operations at the Brook Mine after groundbreaking. The Company did not undertake active work at the Brook Mine during the Class Period, and overstated the progress it at made at the mine. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Ramaco, investors suffered damages.

Join the case to recover your losses

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

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

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]

SOURCE The Schall Law Firm

, /PRNewswire/ -- The DJS Law Group  reminds investors of a class action lawsuit against  Ramaco Resources, Inc. ("Ramaco Resources " or "the Company") (NASDAQ: METC ) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

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

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

DEADLINE: March 31, 2026

CASE DETAILS: According to the Complaint, the Company made false and misleading statements to the market. Beyond Meat carried a higher book value for certain assets than their fair market value. The Company was likely to require a material non-cash impairment charge due to the asset valuation. Ramaco Resources did not initiate significant mining activities at the Brook Mine following its groundbreaking. The Company overstated its progress in developing the Brook Mine. Based on these facts, Ramaco Resources' public statements were false and materially misleading throughout the class period.

If you are a shareholder who suffered a loss, contact us to participate .

WHY DJS LAW GROUP?  DJS Law Group's primary focus is to enhance investor return through balanced counseling and aggressive advocacy. We specialize in securities class actions, corporate governance litigation, and domestic/international M&A appraisals. Our clients are some of the largest and most sophisticated hedge funds and alternative asset managers in the world. The litigation claims of our clients are extraordinarily valuable assets that demand respect, focus, and results.

Join the case to recover your losses.

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

CONTACT:

David J. Schwartz

DJS Law Group

274 White Plains Road, Suite 1

 Eastchester, NY 10709

Phone: 914-206-9742

Email: [email protected]

SOURCE DJS Law Group LLP

Verra Mobility is downgraded to neutral due to a deteriorating margin outlook despite strong revenue momentum and healthy bookings. Government Solutions margins are expected to decline 450–500 bps in FY2026, driven by lower New York contract pricing and increased subcontractor costs. MOSAIC platform investments may yield $10-20 million in annual savings from 2027, but near-term margins will worsen before recovery materializes.

, /PRNewswire/ -- CLPS Incorporation (the "Company" or "CLPS") (Nasdaq: CLPS), today announced its unaudited financial results for the six months ended December 31, 2025, or the first half of the Company's fiscal year 2026.

During this period, while the downsizing of a key client's China Solution Centers (CSCs) continued to create a significant financial impact, the Company delivered a robust financial performance, achieving growth across both the top and bottom lines. Total revenue continued its upward trajectory, and most significantly, the Company realized a year-over-year increase in net income. This growth trend highlights the effectiveness of our stringent resource allocation and our strategic pivot toward high-value international markets and cutting-edge technological integrations.

The Company's operational resilience was further demonstrated by its ability to secure new clients and achieve year-over-year growth in IT consulting services, successfully offsetting the impact triggered by a major client's global restructuring strategy in the previous fiscal year. In addition, the digital transformation team's focus on high-demand fields such as artificial intelligence (AI), robotic process automation (RPA), and payment technologies resulted in a remarkable 134.7% increase in customized IT solution services, reaching $2.2 million for the period. These successes were underpinned by the maintenance of long-standing relationships with existing clients and a deliberate reduction in revenue concentration in mainland China in favor of aggressive overseas expansion. As a result, revenue generated from outside of mainland China surged. This was driven by a strong performance of our IT services business in the APAC region, where aggregate revenue (excluding mainland China) rose from $16.9 million to $26.8 million, while the U.S. market saw exceptional growth, with revenue more than doubling—an increase of 101.6% to $4.1 million.

First Half of Fiscal 2026 Highlights (all results compared to the six months ended December 31, 2024)

Revenue increased by 2.8% to $85.1 million from $82.8 million. Revenue from customized IT solution services increased by 134.7% to $2.2 million from $0.9 million. Revenue generated outside of mainland China increased by 63.1% to $31.0 million from $19.0 million. Gross profit increased by 2.1% to $19.5 million from $19.2 million. Operating income increased by 300.5% to $0.6 million from $0.2 million. Net income increased by 74.9% to $0.3 million from $0.2 million. Total number of clients in IT services sector was 303 compared to 277. Total number of IT projects was 35 compared to 20. Mr. Raymond Lin, Chief Executive Officer of CLPS, commented, "The first half of fiscal year 2026 marks a pivotal turning point for CLPS, demonstrating that our comprehensive strategic transformation is not merely a response to market shifts, but a successful engine for building future-oriented competitive advantages. In the current global economy environment, the deep integration of technology and business is no longer an option; it is essential for survival and leadership. We have acted decisively to diversify our geographic footprint and evolve our service offerings. By reducing our reliance on a single market and expanding our reach into North America, APAC, and the Middle East, we are establishing a more stable and scalable foundation for long-term growth.

Our digital transformation team has been at the forefront of this evolution, delivering high-impact solutions that streamline operational efficiency for financial institutions. Our recent partnership with The Bank of East Asia, Limited (BEA) to conduct a Proof of Concept for 'Nibot'—our proprietary AI agent—within the HKMA's GenA.I. Sandbox is a testament to our leadership in integrating RPA with Generative AI to enhance banking efficiency and risk management. Similarly, our successful modernization of a 30-year-old legacy mortgage system for a major Hong Kong bank, achieved in just seven months with a 70% automation rate, provides a clear blueprint for how we can help global institutions shed technical debt and embrace digital agility.

We have unveiled a Web3-ready issuance platform that bridges traditional finance and digital assets. This solution enables secure, compliant, and real-time stablecoin settlement, meeting the highest global regulatory standards. To support this accelerating global demand, our Japan subsidiary has officially established an Offshore Delivery Center, strengthening our international business footprint and ensuring we have the localized talent and R&D capabilities to serve our clients 24/7.

While we continue to win new business and expand our reach, we remain focused on disciplined resource allocation to ensure that CLPS remains agile, profitable, and at the forefront of the global digital economy."

Ms. Rui Yang, Chief Financial Officer of CLPS, said, "I am pleased to report that our disciplined strategic execution has delivered another period of solid growth and enhanced profitability. Total revenue increased by 2.8% to $85.1 million, underpinned by the early success of our corporate transformation efforts. Notably, revenue from customized IT solution services surged 134.7% to $2.2 million, a testament to the strength of our advanced technological capabilities and ability to address complex client requirements. Furthermore, our global expansion strategy continues to yield results, with revenue generated outside mainland China increasing by an impressive 63.1% to $31.0 million.

Our commitment to operational efficiency is reflected in our bottom-line results. Gross profit increased by 2.1% to $19.5 million, while operating income tripled—rising 300.5% to $0.6 million. Additionally, net income grew by 74.9% to $0.3 million.

Subsequent to the period-end, reinforcing our confidence in the Company's future and intrinsic value, our Board authorized a share repurchase program on February 4, 2026. Effective from February 5 through November 4, 2026, this initiative allows us to repurchase up to 1,000,000 shares in the open market at prices below $2.00 per share. This program underscores our belief that our equity represents a compelling value opportunity and reflects our commitment to enhancing shareholder returns.

Although the downsizing of a key client's CSCs remained a headwind during this period, these results demonstrate the resilience of our business model, the effectiveness of our strategic pivot, and our unwavering focus on driving sustainable, profitable growth."

First Half of Fiscal Year 2026 Financial Results

Revenues

In the first half of fiscal 2026, revenues increased by $2.3 million, or 2.8%, to $85.1 million from $82.8 million in the prior year period. The increase was primarily due to the increased in revenue from IT consulting and customized IT solution services.

Revenues by Service

Revenue from IT consulting services increased by $1.7 million, or 2.2%, to $81.8 million in the first half of fiscal year 2026 from $80.1 million in the prior year period. Revenue from IT consulting services accounted for 96.2% of total revenue compared to 96.7% in the prior year period. The increase was primarily due to a growth in client base and the successful execution of our global expansion strategy. Revenue from customized IT solution services increased by $1.3 million, or 134.7%, to $2.2 million in the first half of fiscal year 2026 from $0.9 million in the prior year period. Revenue from customized IT solution services accounted for 2.6% of total revenue compared to 1.1% in the prior year period. The increase was primarily due to initial success of our corporate transformation efforts and expanded investment in customized IT solution services. During this period, the successful market launch of Nibot began generating revenue. Furthermore, our project to modernize legacy banking systems using AI integration contributed to revenue growth within this service segment. Revenue from academic education services decreased by $0.2 million, or 19.0%, to $0.9 million in the first half of fiscal 2026, from $1.1 million in the prior year period. Revenue from academic education services accounted for 1.0% of total revenue, compared to 1.3% in the prior year period. The decrease was primarily attributable to resource integration following the acquisition of the College of Allied Educators (CAE). Looking ahead, we are focused on generating new momentum by launching innovative courses for CAE to boost enrollment and drive segment revenue growth. Revenue from other services decreased by $0.6 million, or 79.9%, to $0.1 million in the first half of fiscal year 2026 from $0.7 million in the prior year period. Revenue from other services accounted for 0.2% of total revenue compared to 0.8% in the prior year period. The decrease was primarily due to the decrease in revenue from IT product sales and head hunting services. Revenues by Operational Areas

Revenue from the banking area decreased by $7.4 million, or 22.0%, to $26.1 million in the first half of fiscal year 2026 from $33.5 million in the prior year period. Revenue from banking area accounted for 30.7% and 40.4% of total revenues in the first half of fiscal 2026 and 2025, respectively. Revenue from the wealth management area decreased by $0.8 million, or 5.1%, to $14.6 million in the first half of fiscal year 2026 from $15.4 million in the prior year period. Revenue from wealth management area accounted for 17.2% and 18.6% of total revenues in the first half of fiscal 2026 and 2025, respectively. Revenue from the e-Commerce area increased by $0.3 million, or 1.9%, to $15.2 million in the first half of fiscal year 2026 from $14.9 million in the prior year period. Revenue from e-Commerce area accounted for 17.9% and 18.0% of total revenues in the first half of fiscal 2026 and 2025, respectively. Revenue from the automotive area increased by $1.9 million, or 21.5%, to $11.1 million in the first half of fiscal year 2026 from $9.2 million in the prior year period. Revenue from automotive area accounted for 13.1% and 11.1% of total revenues in the first half of fiscal 2026 and 2025, respectively. Revenue from the other areas increased by $8.2 million, or 83.6%, to $18.0 million in the first half of fiscal year 2026 from $9.8 million in the prior year period. Revenue from other area accounted for 21.2% and 11.8% of total revenues in the first half of fiscal 2026 and 2025, respectively. Revenues by Geography

Revenue generated outside of mainland China increased by 63.1% to $31.0 million in the first half of fiscal year 2026 from $19.0 million in the prior year period. The increase was primarily due to the strong operational performance in Singapore, Hong Kong SAR, Japan, and USA.

Gross Profit and Gross Margin

Gross profit increased by $0.3 million, or 2.1%, to $19.5 million in the first half of fiscal 2026 compared to $19.2 million in the prior year period. The increase was primarily due to an increase in total revenue. Gross margin decreased to 23.0% in the first half of fiscal 2026 compared to 23.1% in the prior year period.

Operating Expenses

Selling and marketing expenses decreased by $0.4 million, or 13.6%, to $2.1 million in the first half of fiscal year 2026 from $2.5 million in the prior year period. As a percentage of total revenues, selling and marketing expenses decreased to 2.5% in the first half of fiscal 2026 compared to 3.0% in the prior year period. The decrease was primarily due to AI-driven automation, workforce optimization, and structural realignment, which reduced redundancies, targeted high-value tasks, and aligned resources with business goals, improving efficiency while lowering expenses.

Research and development expenses decreased by $1.3 million, or 38.7%, to $2.0 million in the first half of fiscal year 2026 from $3.3 million in the prior year period. As a percentage of total revenues, research and development expenses decreased to 2.4% in the first half of fiscal 2026 compared to 4.0% in the prior year period. The decrease was primarily due to the redeployment of R&D staff to deliver customized IT solutions, resulting in a reclassification of these expenses as cost of revenues.

General and administrative expenses increased by $0.8 million, or 5.8%, to $14.9 million in the first half of fiscal year 2026 from $14.1 million in the prior year period. As a percentage of total revenues, general and administrative expenses increased to 17.6% in the first half of fiscal 2026 compared to 17.1% in the prior year period. The increase was primarily due to the recognition of one-time employee severance costs, which were triggered by a major client's global restructuring strategy.

Operating Income

Operating income increased by $0.4 million, or 300.5% to $0.6 million in the first half of fiscal 2026 from $0.2 million in the same period of the previous year. Operating margin was 0.7% in the first half of fiscal 2026 compared to 0.2% in the prior year period.

Other Income and Expenses

Total other expenses, net of other income was $0.1 million in the first half of fiscal 2026 compared to $0.2 million total other income, net of other expenses in the prior year period.

Provision for Income Taxes

Provision for income taxes decreased by $0.1 million to $0.2 million in the first half of fiscal 2026 from $0.3 million in the same period of the previous year.

Net Income (Loss) and EPS

Net income increased by $0.1 million, or 74.9%, to $0.3 million in the first half of fiscal 2026 from $0.2 million net income in the prior year period.

Non-GAAP net income[1] decreased by $0.2 million, or 9.5%, to $2.1 million in the first half of fiscal year 2026 from $2.3 million in the prior year period.

Net income attributable to CLPS Incorporation's shareholders was $83.0 thousand, or $0.003 basic and diluted earnings per share in the first half of fiscal 2026 compared to a net loss attributable to CLPS Incorporation's shareholders of $0.4 million, or $0.015 basic and diluted losses per share in the prior year period.

Non-GAAP net income attributable to CLPS Incorporation's shareholders[2] was $1.8 million, or $0.06 basic and diluted earnings per share in the first half of fiscal 2026 compared to $1.7 million, or $0.06 basic and diluted earnings per share in the prior year period.

Cash Flow

As of December 31, 2025, the Company had cash and cash equivalents of $28.4 million compared to $28.2 million as of June 30, 2025.

Net cash provided by operating activities was approximately $4.7 million. Net cash used in investing activities was approximately $0.2 million. Net cash used in financing activities was approximately $4.6 million. The effect of exchange rate change on cash was approximately positive $0.4 million. The Company believes that its current cash position and cash flow from operations are sufficient to meet its anticipated cash needs for at least the next 12 months.

Financial Outlook

Undeterred by the short-term challenges, we remain confident about our long-term business growth. For fiscal year 2026, the Company expects, considering our financial numbers could be affected by the floating exchange rate, and absent material acquisitions or non-recurring transactions, total sales growth in the range of approximately 10% to 15% compared to fiscal year 2025 financial results, and non-GAAP net income in the range of approximately $4.4 million to $5.0 million.

This forecast reflects the Company's current and preliminary views, which are subject to change and are subject to risks and uncertainties, including, but not limited to various risks and uncertainties facing the Company's business and operations as identified in its public filings.

Exchange Rate

The balance sheet amounts with the exception of equity as of December 31, 2025, were translated at 6.9931 RMB to 1.00 USD compared to 7.1636 RMB to 1.00 USD as of June 30, 2025. The equity accounts were stated at their historical rate. The average translation rates applied to the income statements accounts for the periods ended December 31, 2025 and 2024 were 7.1235 RMB to 1.00 USD and 7.1767 RMB to 1.00 USD, respectively. The change in the value of the RMB relative to the U.S. dollar may affect our financial results reported in the U.S. dollar terms without giving effect to any underlying change in our business or results of operation.

About CLPS Incorporation

CLPS Incorporation (NASDAQ: CLPS), established in 2005 and headquartered in Hong Kong, is at the forefront of driving digital transformation and optimizing operational efficiency across industries through innovations in artificial intelligence, cloud computing, and big data. Our diverse business lines span sectors including fintech, payment and credit services, e-commerce, education and study abroad programs, and global tourism integrated with transportation services. Operating across 10 countries worldwide, with strategic regional hubs in Shanghai (mainland China), Singapore (Southeast Asia), and California (North America), and supported by subsidiaries in Japan and the UAE, we provide a robust global service network that empowers legacy industries evolve into data-driven, intelligent ecosystems. For further information regarding the Company, please visit: https://ir.clpsglobal.com/, or follow CLPS on Facebook, Instagram, LinkedIn, X (formerly Twitter), and YouTube. 

Forward-Looking Statements

Certain of the statements made in this press release are "forward-looking statements" within the meaning and protections of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements with respect to the Company's beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond the Company's control, and which may cause the actual results, performance, capital, ownership or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. All such statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties related to the Company's financial and operational performance in the first half of fiscal year 2026, its expectations of the Company's future performance, its preliminary outlook and guidance offered in this presentation, as well as the risks and uncertainties described in the Company's most recently filed SEC reports and filings. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC's Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.

Use of Non-GAAP Financial Measures

The consolidated financial information is prepared in conformity with accounting principles generally accepted in the United States of America ("U.S. GAAP"), except that the consolidated statement of changes in shareholders' equity, consolidated statements of cash flows, and the detailed notes have not been presented. The Company uses non-GAAP cost of revenues, non-GAAP selling and marketing expenses, non-GAAP general and administrative expenses, non-GAAP operating income, non-GAAP operating margin, non-GAAP net income, non-GAAP net income attributable to CLPS Incorporation's shareholders, and basic and diluted non-GAAP net income per share, which are non-GAAP financial measures. Non-GAAP cost of revenues is cost of revenue excluding share-based compensation expenses. Non-GAAP selling and marketing expenses is selling and marketing expenses excluding share-based compensation expenses. Non-GAAP general and administrative expenses is general and administrative expenses excluding share-based compensation expenses. Non-GAAP operating income is operating income excluding share-based compensation expenses. Non-GAAP operating margin is non-GAAP operating income as a percentage of revenues. Non-GAAP net income is net income excluding share-based compensation expenses. Non-GAAP net income attributable to CLPS Incorporation's shareholders is net income attributable to CLPS Incorporation's shareholders excluding share-based compensation expenses. Basic and diluted non-GAAP net income per share is non-GAAP net income attributable to common shareholders divided by weighted average number of shares used in the calculation of basic and diluted net income per share. The Company believes that separate analysis and exclusion of the non-cash

impact of share-based compensation expenses clarity to the constituent parts of its performance. The Company reviews these non-GAAP financial measures together with GAAP financial measures to obtain a better understanding of its operating performance. It uses the non-GAAP financial measure for planning, forecasting and measuring results against the forecast. The Company believes that non-GAAP financial measure is useful supplemental information for investors and analysts to assess its operating performance without the effect of non-cash share-based compensation expenses, which have been and will continue to be significant recurring expenses in its business. However, the use of non-GAAP financial measures has material limitations as an analytical tool. One of the limitations of using non-GAAP financial measures is that they do not include all items that impact the Company's net income for the period. In addition, because non-GAAP financial measures are not measured in the same manner by all companies, they may not be comparable to other similar titled measures used by other companies. In light of the foregoing limitations, you should not consider non-GAAP financial measure in isolation from or as an alternative to the financial measure prepared in accordance with U.S. GAAP.

The presentation of these non-GAAP financial measures is not intended to be considered in isolation from, or as a substitute for, the financial information prepared and presented in accordance with U.S. GAAP. The Company encourages investors to carefully consider its results under GAAP, as well as its supplemental non-GAAP information and the reconciliation between these presentations, to more fully understand its business. For more information on these non-GAAP financial measures, please see the table captioned "Unaudited Reconciliation of Non-GAAP and GAAP Results" near the end of this release.

Contact:

CLPS Incorporation
Rhon Galicha
Investor Relations Office
Phone: +86-182-2192-5378
Email: [email protected] 

[1] Non-GAAP net income is a non-GAAP financial measure, which is defined as net income excluding share-based compensation expenses. Please refer to the section titled "Unaudited Reconciliation of Non-GAAP and GAAP Results" for details.

[2] Non-GAAP net income attributable to CLPS Incorporation's shareholders is a non-GAAP financial measure, which is defined as net income attributable to CLPS Incorporation's shareholders excluding share-based compensation expenses. Please refer to the section titled "Unaudited Reconciliation of Non-GAAP and GAAP Results" for details.

CLPS INCORPORATION

CONSOLIDATED BALANCE SHEETS

(Amounts in U.S. dollars ("$"), except for number of shares)

As of

December 31,

2025

(Unaudited)

June 30,

2025

(Audited)

ASSETS

Current assets:

Cash and cash equivalents

28,422,095

28,173,160

Short-term investments

916,852

896,949

Accounts receivable, net

42,819,285

44,891,161

Prepayments, deposits and other assets, net

8,866,524

7,441,565

Amounts due from related parties

4,642,400

4,374,595

Total Current Assets

$

85,667,156

$

85,777,430

Non-current assets:

Property and equipment, net

20,543,354

21,212,463

Intangible assets, net

1,981,780

2,055,102

Operating lease right-of-use assets

2,505,610

3,407,995

Goodwill

1,420,150

1,435,782

Long-term investments

1,687,752

1,718,995

Prepayments, deposits and other assets, net

332,357

481,761

Amounts due from related parties

2,263,799

1,945,960

Deferred tax assets, net

5,964

73,942

Total Assets

$

116,407,922

$

118,109,430

LIABILITIES AND SHAREHOLDERS' EQUITY

Current liabilities:

Bank loans

$

26,166,467

$

30,217,329

Accounts payable

2,490,272

2,515,207

Accrued expenses and other current liabilities

456,200

260,880

Tax payables

2,270,979

2,463,706

Contract liabilities

4,909,035

2,470,135

Salaries and benefits payable

12,123,893

14,062,007

Operating lease liabilities

2,126,684

2,348,195

Amount due to related parties

61,208

21,884

Total Current Liabilities

$

50,604,738

$

54,359,343

Non-current liabilities:

Operating lease liabilities

554,299

1,301,369

Deferred tax liabilities

145,500

251,812

Unrecognized tax benefit

4,004,545

3,715,163

Other non-current liabilities

918,611

896,747

TOTAL LIABILITIES

$

56,227,693

$

60,524,434

Commitments and Contingencies

Shareholders' Equity

Common stock, $0.0001 par value, 100,000,000 shares authorized;  29,841,828 shares
   issued and outstanding as of December 31, 2025;  27,988,452 shares issued and
   outstanding as of June 30, 2025

2,984

2,799

Additional paid-in capital

61,930,342

60,177,851

Statutory reserves

6,059,696

5,853,445

Accumulated deficit

(7,525,036)

(7,401,803)

Accumulated other comprehensive losses

(2,612,878)

(3,095,507)

Total CLPS Incorporation's Shareholders' Equity

57,855,108

55,536,785

Noncontrolling Interests

2,325,121

2,048,211

Total Shareholders' Equity

60,180,229

57,584,996

Total Liabilities and Shareholders' Equity

$

116,407,922

$

118,109,430

CLPS INCORPORATION

UNAUDITED CONSOLIDATED STATEMENT OF INCOME AND COMPREHENSIVE INCOME

(Amounts in U.S. dollars ("$"), except for number of shares)

For the six months ended
December 31,

2025

2024

Revenues

$

85,085,021

$

82,777,520

Less: Cost of revenues (note 1)

(65,536,781)

(63,622,547)

Gross profit

19,548,240

19,154,973

Operating income (expenses):

Selling and marketing expenses (note 1)

2,119,851

2,452,957

Research and development expenses

2,012,252

3,281,877

General and administrative expenses (note 1)

14,940,334

14,115,055

Subsidies and other operating income

(161,221)

(853,986)

Total operating expenses

18,911,216

18,995,903

Income from operations

637,024

159,070

Other income

359,284

585,266

Other expenses

(472,495)

(371,032)

Income before income tax and share of  (loss) income in equity investees

523,813

373,304

Provision for income taxes

170,040

267,790

Income (loss) before share of income in equity investees

353,773

105,514

Share of (loss) income in equity investees, net of tax

(33,669)

77,505

Net income

320,104

183,019

Less: Net income attributable to noncontrolling interests

237,086

572,932

Net income (loss) attributable to CLPS Incorporation's shareholders

$

83,018

$

(389,913)

Other comprehensive income (loss)

Foreign currency translation income

$

522,453

$

93,127

Less: foreign currency translation income (loss) attributable to noncontrolling interest

39,824

(14,109)

Other comprehensive income attributable to CLPS Incorporation's shareholders

$

482,629

$

107,236

Comprehensive income (loss) attributable to

CLPS Incorporation's shareholders

$

565,647

$

(282,677)

Comprehensive income attributable to noncontrolling interests

276,910

558,823

Comprehensive income

$

842,557

$

276,146

Basic income (loss) per common share

$

0.003

$

(0.015)

Weighted average number of share outstanding – basic

28,947,672

26,859,936

Diluted income (loss) per common share

$

0.003

$

(0.015)

Weighted average number of share outstanding – diluted

29,551,271

26,859,936

Note:

(1) Includes share-based compensation expenses as follows:

Cost of revenues

2,251

5,306

Selling and marketing expenses

14,250

89,652

General and administrative expenses

1,736,176

2,011,255

1,752,677

2,106,213

CLPS INCORPORATION

UNAUDITED RECONCILIATION OF NON-GAAP AND GAAP RESULTS

(Amounts in U.S. dollars ("$"), except for number of shares)

For the six months ended
December 31,

2025

2024

Cost of revenues

$

(65,536,781)

$

(63,622,547)

Less: share-based compensation expenses

(2,251)

(5,306)

Non-GAAP cost of revenues

$

(65,534,530)

$

(63,617,241)

Selling and marketing expenses

$

(2,119,851)

$

(2,452,957)

Less: share-based compensation expenses

(14,250)

(89,652)

Non-GAAP selling and marketing expenses

$

(2,105,601)

$

(2,363,305)

General and administrative expenses

$

(14,940,334)

$

(14,115,055)

Less: share-based compensation expenses

(1,736,176)

(2,011,255)

Non-GAAP general and administrative expenses

$

(13,204,158)

$

(12,103,800)

Operating income

$

637,024

$

159,070

Add: share-based compensation expenses

1,752,677

2,106,213

Non-GAAP operating income

$

2,389,701

$

2,265,283

Operating Margin

0.7

%

0.2

%

Add: share-based compensation expenses

2.1

%

2.5

%

Non-GAAP operating margin

2.8

%

2.7

%

Net income

$

320,104

$

183,019

Add: share-based compensation expenses

1,752,677

2,106,213

Non-GAAP net income

$

2,072,781

$

2,289,232

Net income (loss) attributable to CLPS Incorporation's shareholders

$

83,018

$

(389,913)

Add: share-based compensation expenses

1,752,677

2,106,213

Non-GAAP net income attributable to CLPS Incorporation's shareholders

$

1,835,695

$

1,716,300

Weighted average number of share outstanding used in computing GAAP and non-
   GAAP basic earnings

28,947,672

26,859,936

GAAP basic income (loss) per common share

$

0.003

$

(0.015)

Add: share-based compensation expenses

0.057

0.075

Non-GAAP basic earnings per common share

$

0.06

$

0.06

Weighted average number of share outstanding used in computing GAAP diluted
   income (loss)

29,551,271

26,859,936

Weighted average number of share outstanding used in computing non-GAAP
   diluted earnings

29,551,271

27,343,717

GAAP diluted income (loss) per common share

$

0.003

$

(0.015)

Add: share-based compensation expenses

0.057

0.075

Non-GAAP diluted earnings per common share

$

0.06

$

0.06

SOURCE CLPS

Resources Investor Relations Journalists Agencies Client Login Send a Release News Products Contact , /PRNewswire/ -- EMBRAER S.A. ("Embraer" or "Company") (B3: EMBJ3, NYSE: EMBJ), in compliance with CVM Resolution No. 44/2021 and CVM Resolution nº No. 44/2022, hereby informs its shareholders and the market in general of the projections for 2026.

2026 GUIDANCE

Commercial Aviation deliveries

80-85

Executive Aviation deliveries

160-170

Consolidated revenues (US$ billion)

US$8.2 - US$8.5

Adjusted EBIT margin

8.7% - 9.3%

Free cash flow (US$ million)

US$200 or higher

  These projections will be included in section 3 of the Company's Reference Form and will be available on the CVM website at http://www.cvm.gov.br/ and on the Company's website at http://ri.embraer.com.br/, within the legal deadline.

Embraer clarifies that the information disclosed in this material fact does not constitute a promise of performance, but rather reflects only the perception of the Company's management and is therefore subject to risks and uncertainties. Projections take into account several factors, such as general economic, market and sector conditions that are beyond the Company's control and, therefore, may undergo changes that will be communicated diligently.

São José dos Campos, March 6, 2026

Antonio Carlos Garcia
Executive Financial Vice-President and Investors Relations

SOURCE Embraer S.A.

, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Vistagen Therapeutics, Inc. ("Vistagen" or "the Company") (NASDAQ: VTGN) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company's securities between April 1, 2024 and December 16, 2025, inclusive (the "Class Period"), are encouraged to contact the firm before March 16, 2026.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Vistagen gave investors the false impression that it was likely to have Phase 3 success with its fasedienol drug candidate by creating the impression that its PALISADE-2 trial produced positive results.The Company downplayed the risk of failure in clinical studies. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Vistagen, investors suffered damages.

Join the case to recover your losses

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

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

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]

SOURCE The Schall Law Firm

, /PRNewswire/ -- The Schall Law Firm, a national shareholder rights litigation firm, reminds investors of a class action lawsuit against Varonis Systems, Inc. ("Varonis" or "the Company") (NASDAQ: VRNS) for violations of §§10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company's securities between February 4, 2025 and October 28, 2025, inclusive (the "Class Period"), are encouraged to contact the firm before March 9, 2026.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of the Schall Law Firm, 2049 Century Park East, Suite 2460, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at [email protected].

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Varonis made extremely optimistic statements about its ability to convert its existing customers to its SaaS offering. The Company knew it was struggling to convince customers to switch to the new platform, reducing the opportunity for ARR growth. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Varonis, investors suffered damages.

Join the case to recover your losses

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

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

CONTACT:

The Schall Law Firm
Brian Schall, Esq.,
www.schallfirm.com
Office: 310-301-3335
[email protected]

SOURCE The Schall Law Firm

Genesco Inc. (NYSE: GCO) will release its fourth quarter earnings before the opening bell on Friday, March 6.

Q4: 2026-03-05 Earnings SummaryEPS of $0.10 beats by $0.01

 |

Revenue of

$106.15M

(5.86% Y/Y)

beats by $237.33K

Grid Dynamics Holdings, Inc. (GDYN) Q4 2025 Earnings Call March 5, 2026 4:30 PM EST

Company Participants

Cary Savas - Director of Branding & Communications
Leonard Livschitz - CEO & Director
Eugene Steinberg - Chief Technology Officer
Anil Doradla - CFO & Secretary
Vasily Sizov - Senior VP & Head of Americas
Yury Gryzlov - COO & Head of Europe

Conference Call Participants

Margaret Nolan - William Blair & Company L.L.C., Research Division
Bryan Bergin - TD Cowen, Research Division
Puneet Jain - JPMorgan Chase & Co, Research Division
Mayank Tandon - Needham & Company, LLC, Research Division
Logan Schuh - Jefferies LLC, Research Division

Presentation

Cary Savas
Director of Branding & Communications

Good afternoon, everyone. Welcome to Grid Dynamics Fourth Quarter 2025 Earnings Conference Call. I'm Cary Savas, Director of Branding and Communications. [Operator Instructions]

Joining us on the call today are CEO, Leonard Livschitz; CFO, Anil Doradla; CTO, Eugene Steinberg, COO, Yury Gryzlov; and SVP, Head of Americas, Vasily Sizov. Following the prepared remarks, we will open the call to your questions. Please note that today's conference call is being recorded.

Before we begin, I would like to remind everyone that today's discussion will contain forward-looking statements. This includes our business and financial outlook and the answers to some of your questions. Such statements are subject to the risks and uncertainty as described in the company's earnings release and other filings with the SEC.

During this call, we will discuss certain non-GAAP measures of our performance. GAAP to non-GAAP financial reconciliations and supplemental financial information are provided in the earnings press release and the 8-K filed with the SEC. You can find all the information I just described in the Investor Relations section of our website.

I'll now turn the call over to Leonard, our CEO.

Leonard Livschitz
CEO & Director

Thank you, Cary. Good afternoon, everyone, and thank you

Palantir remains fundamentally strong, with revenue up 70% YoY and adjusted operating margins at 57%, despite recent insider selling headlines. Peter Thiel's sale of 2 million shares represents only 2% of his holdings and does not signal fundamental weakness in PLTR. Geopolitical tensions and the Iran conflict are driving structural demand for PLTR's AI-enabled defense solutions, reinforcing its strategic positioning.

Precious metals tick up; employment data in focus

Item 1 of 2 A Ford logo is seen on the Ford Motor World headquarters in Dearborn, Michigan, U.S., March 12, 2025. REUTERS/Rebecca Cook

[1/2]A Ford logo is seen on the Ford Motor World headquarters in Dearborn, Michigan, U.S., March 12, 2025. REUTERS/Rebecca Cook Purchase Licensing Rights, opens new tab

CompaniesMarch 6 (Reuters) - Ford (F.N), opens new tab is recalling 1.74 ​million vehicles in the ‌U.S. as a rearview camera defect may prevent images from displaying, reducing the driver's view ​behind the vehicle, the ​U.S. National Highway Traffic Safety ⁠Administration (NHTSA) said on Friday.

The recall ​affects certain Ford Bronco and ​Ford Edge models as the Accessory Protocol Interface Module (APIM) may overheat and ​shut down, preventing the ​rearview camera image from displaying as intended, ‌the ⁠regulator said in a statement.

Stay up to date with the latest news, trends and innovations that are driving the global automotive industry with the Reuters Auto File newsletter. Sign up here.

Separately, the NHTSA said that more vehicles, including Ford Escape and ​Lincoln Corsair, ​are ⁠being recalled as the image on the center ​display may flip or ​invert, ⁠resulting in an incorrectly displayed rearview image when the vehicle ⁠is ​placed in reverse.

Reporting ​by Mihika Sharma in Bengaluru; Editing by ​Mrigank Dhaniwala and Sonia Cheema

Our Standards: The Thomson Reuters Trust Principles., opens new tab

13.66K Followers

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.

Gold & Regional Tensions; Safe Haven In Play Regional tensions have gone up another notch now, following a fresh barrage of missiles and drones that have knocked out some of the region’s energy infrastructure, making a lot of people wonder if this is the start of something bigger.

There’s also been a step up in diplomatic rhetoric, which has pretty much put the kibosh on any hopes of things calming down anytime soon. This latest development has driven many investors towards assets they know and trust, with gold getting an extra boost from renewed risk aversion.

That said, gold’s gains were limited by the US dollar being in better shape than many had expected and by a lingering expectation that the Fed will keep interest rates high as long as there’s still inflation to deal with. And on top of all that, higher oil prices are only making people worry even more about inflation, which is pretty much the last thing gold investors need right now.

Looking to the future, now the focus is on a bunch of upcoming US data releases. The nonfarm payrolls are forecast to come in at 59K, down from 130K last time. And then there’s retail sales, which are predicted to have dropped by 0.3% month on month. If those numbers don’t come in as expected, it could reignite hopes of interest rate cuts, which in turn might give gold a short-term boost.

Gold (XAU/USD) Analysis: $5,096 Trendline Test After Breakdown Below $5,196

HONG KONG--(BUSINESS WIRE)--Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988 (HKD Counter) and 89988 (RMB Counter), “Alibaba” or “Alibaba Group”) today announced that it will report its unaudited financial results for the quarter ended December 31, 2025 before the U.S. market opens on Thursday, March 19, 2026, and will hold a conference call to discuss the financial results at 7:30 a.m. U.S. Eastern Time (7:30 p.m. Hong Kong Time) the same day. All participants must pre-register to join.

March 06, 2026 04:01 ET  | Source: Shore Capital Stockbrokers Limited

FORM 8.5 (EPT/RI)

PUBLIC DEALING DISCLOSURE BY AN EXEMPT PRINCIPAL TRADER WITH RECOGNISED INTERMEDIARY STATUS DEALING IN A CLIENT-SERVING CAPACITY
Rule 8.5 of the Takeover Code (the “Code”)

1.        KEY INFORMATION

(a)        Name of exempt principal trader:Shore Capital Stockbrokers Ltd(b)        Name of offeror/offeree in relation to whose relevant securities this form relates:
        Use a separate form for each offeror/offereeCAB Payments Holdings Plc(c)        Name of the party to the offer with which exempt principal trader is connected:CAB Payments Holdings Plc(d)        Date dealing undertaken:05 March 2026(e)        Has the EPT previously disclosed, or is it today disclosing, under the Code in respect of any other party to this offer?No 2.        DEALINGS BY THE EXEMPT PRINCIPAL TRADER

(a)        Purchases and sales

Class of relevant securityPurchases/ sales Total number of securitiesHighest price per unit paid/receivedLowest price per unit paid/receivedOrdinaryPurchases133,14787.25p86.325pOrdinarySales131,33587.75p86.9p (b)        Derivatives transactions (other than option)

Class of relevant securityProduct description
e.g. CFDNature of dealing
e.g. opening/closing a long/short position, increasing/reducing a long/short positionNumber of reference securitiesPrice per unit      (c)        Options transactions in respect of existing securities

(i)        Writing, selling, purchasing or varying

Class of relevant securityProduct description e.g. call optionWriting, purchasing, selling, varying etc.Number of securities to which option relatesExercise price per unitType
e.g. American, European etc.Expiry dateOption money paid/ received per unit         (ii)        Exercising

Class of relevant securityProduct description
e.g. call optionNumber of securitiesExercise price per unit     (d)        Other dealings (including subscribing for new securities)

Class of relevant securityNature of dealing
e.g. subscription, conversionDetailsPrice per unit (if applicable)     The currency of all prices and other monetary amounts should be stated.

Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(b), copy table 2(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

3.        OTHER INFORMATION

(a)        Indemnity and other dealing arrangements

Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the exempt principal trader making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
If there are no such agreements, arrangements or understandings, state “none”None

(b)        Agreements, arrangements or understandings relating to options or derivatives

Details of any agreement, arrangement or understanding, formal or informal, between the exempt principal trader making the disclosure and any other person relating to:
(i)        the voting rights of any relevant securities under any option; or
(ii)        the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
If there are no such agreements, arrangements or understandings, state “none”None

Date of disclosure:06 March 2026Contact name:Justin BallTelephone number:0207 601 6116 Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service and must also be emailed to the Takeover Panel at [email protected]. The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s dealing disclosure requirements on +44 (0)20 7638 0129.
The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

The container shipping groups halted navigation of key routes into and out of the region as the fallout from the war continues to disrupt trade flows.

Bitcoin-focused Solv Protocol was exploited on Thursday, resulting in roughly $2.7 million worth of funds drained from one of its token vaults. The project has offered a 10% bounty to the attackers.

Summary

Solv Protocol lost about $2.7 million after an exploit drained 38 SolvBTC from one of its Bitcoin Reserve Offering vaults, with fewer than 10 users affected. Security researchers estimate that the attacker abused a double-minting flaw in a BitcoinReserveOffering contract. The project has offered a 10% bounty for the return of the funds. Solv Protocol is a DeFi platform that allows users to stake Bitcoin through its Staking Abstraction Layer. 

According to a post incident update, roughly 38 Solv Protocol BTC (SolvBTC), which the project uses for yield-generating and lending activities across its ecosystem, was drained from one of its structured yield vaults called Bitcoin Reserve Offerings (BRO).

Solv Protocol said that the incident impacted fewer than 10 users and added that it would compensate for the loss of 38.05 SolvBTC, which amounts to roughly $2.7 million.

While a full post-mortem of the incident is yet to be published, third-party security analysts believe the attacker was able to abuse a double-minting flaw in a BitcoinReserveOffering contract.

Per security firm Decurity’s automated bot, the exploiter was able to trigger the vulnerability 22 times, which allowed them to inflate 135 BRO into roughly 567 million BRO tokens before converting the funds into SolvBTC.

Meanwhile, a pseudonymous crypto researcher identified as Pyro described the incident as a reentrancy attack, a common exploit where repeated calls to a smart contract allow attackers to manipulate internal accounting before balances are properly updated.

In the meantime, Solv Protocol has offered a 10% bounty if the attackers return the funds to the designated address. Further, the project claims to be working with its security partners to patch the vulnerability.

At the time of publication, the attackers have yet to indicate whether they intend to return the stolen funds.

This is one of the several attacks that have targeted DeFi protocols of late.

Earlier in the week, Curve Finance’s sDOLA LlamaLend markets were exploited through a vulnerability tied to the pool’s oracle configuration, and the attacker reportedly made about $240,000 by manipulating the pricing mechanism using a flash loan to trigger liquidations.

In early February, the cross-chain liquidity protocol CrossCurve also lost roughly $3 million after attackers exploited a flaw in its smart contract that allowed spoofed cross-chain messages to bypass gateway validation and unlock funds from the PortalV2 contract.

PEI Licensing, the firm behind the clothing brand Original Penguin, has filed a lawsuit against the nonfungible token project Pudgy Penguins, alleging trademark infringement, dilution and unfair competition.

The lawsuit, filed in a Florida federal court on Wednesday, focused on claims around Pudgy Penguins’ apparel, accusing the company of using a “family of penguin trademarks that are confusingly similar” to its own.

“This action results from Defendant’s unauthorized use and attempted registration of various PENGUIN word and design trademarks in connection with apparel and related goods and services that are confusingly similar to PEI’s federally registered and famous PENGUIN and penguin design trademarks,” PEI said in its complaint.

An excerpt of PEI’s complaint comparing its Original Penguin brand to Pudgy Penguins’ merchandise. Source: CourtListenerPEI claimed in its lawsuit that it has used the “PENGUIN word mark at least as early as 1967” and first used a “penguin design” on apparel as early as 1956.

PEI Licensing said that it sent a cease and desist to Pudgy Penguins in October 2023, claiming its “products infringe and dilute PEI’s famous PENGUIN Marks.”

The letter also demanded that Pudgy Penguins abandon applications with the US Patent and Trademark Office “to register various PENGUIN marks,” according to the lawsuit.

PEI claimed that Pudgy Penguins had “misappropriated valuable property rights of PEI,” which was “likely to cause confusion or mistake, or to deceive members of the consuming public.”

PEI asked the court to order the USPTO to reject Pudgy Penguins' applications and stop the company from allegedly infringing on its trademark. 

It also requested that Pudgy Penguins be ordered to destroy any products found “likely to be confused” with PEI’s trademarks and be awarded all profits from the sales of such products.

Pudgy Penguins’ legal chief, Jennifer McGlone, told Cointelegraph the company “was surprised by the action, particularly as both parties had been engaged in productive discussions to resolve this matter privately.”

McGlone said the company had advanced applications with the USPTO and was “confident that PEI’s claims lack merit. The trademarks in question are visually distinct and serve entirely different audiences and markets.”

“We have the utmost confidence that we will prevail as Pudgy Penguins has already secured multiple trademark application approvals from the USPTO covering the Pudgy Penguins brand and related marks,” she said.

Meanwhile, the Pudgy Penguins X account posted a meme implying that its brand bears no similarities with Original Penguin.

Source: Pudgy PenguinsMagazine: Clarity Act risks repeat of Europe’s mistakes, crypto lawyer warns

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

Publicly listed Bitcoin mining companies have sold more than 15,000 BTC since October, around the time Bitcoin reached its $126,000 all-time high. Now, several mining companies are planning to sell even more in early 2026. 

With Bitcoin struggling to stay above $70K, investors are asking: Is a bigger Bitcoin price drop coming next?

Bitcoin Miner Sold Over 15,000 BTC Since OctoberOne of the largest sales came from Cango, which sold 4,451 BTC in February, equal to about 60% of its Bitcoin reserves. The company made this move because of its growing $407 million debt. 

By selling the Bitcoin, Cango aimed to reduce its debt and strengthen its balance sheet.

Another major mining company, Riot Platforms, also sold 1,818 BTC in December, reducing its holdings from 19,368 BTC to 18,005 BTC. In company filings, Riot stated that it may sell a significant portion of its Bitcoin holdings in 2026 to improve liquidity and support operational expenses.

Meanwhile, MARA Holdings currently holds more than 53,000 BTC, though the company says it retains the flexibility to buy or sell depending on the market.

Bitcoin Mining Firm Shifting Towards AI The recent BTC sales are not only about profit-taking. Some mining companies are also moving their money into AI projects and data centers, which are growing very fast right now. 

For example, Bitcoin miner Bitdeer sold 1,132.9 BTC in just one week, selling all the Bitcoin it was holding. The company now wants to grow its business in AI data centers, cloud services, and mining hardware. To support this plan, Bitdeer has already raised $325 million through convertible notes and $43.7 million through equity funding.

Another major miner, Core Scientific, plans to sell around 2,537 BTC during Q1 of 2026 to help fund its growing AI infrastructure projects.

Why Are Bitcoin Miners Selling BTC?Several factors may be driving the selling. Eventually, mining costs have increased due to higher hash rates and mining difficulty, making operations more expensive. At the same time, Bitcoin’s recent drop toward $70K has reduced mining profit margins.

Some miners are also diversifying into artificial intelligence infrastructure, which requires large capital investments.

SwanDesk CEO Jacob King recently said on X that Bitcoin has become a “failed experiment,” saying companies that once promoted Bitcoin are now selling quickly after profits declined.

One by one, all Bitcoin treasury companies will either willingly dump their BTC or be forced to as prices fall.

Data shows companies have reduced their exposure to BTC by over
37% within the past three months, the largest downturn in history.

Bitcoin is a failed experiment.… pic.twitter.com/zwfYTLB27H

— Jacob King (@JacobKinge) February 23, 2026 Will Bitcoin Price Drop Ahead?Some Bitcoin mining companies may sell more BTC in 2026, which could affect the price. At the same time, rising tension between the U.S., Israel, and Iran is making investors move away from risky assets like crypto.

Earlier this year, heavy miner selling pushed Bitcoin briefly below $60,000. Because miners often sell BTC to cover costs and upgrades, analysts believe more selling could happen this month.

As of now bitcoin is trading around $$70,191, reflecting a 3% drop in the last 24 hours. 

Trust with CoinPedia:CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.

Investment Disclaimer:All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.

Sponsored and Advertisements:Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.

📊
No votes yet – Be the first to vote

Bitcoin reached a major milestone. Over 95% of the cryptocurrency’s total 21 million coins have been mined during its 14-year existence, bringing the digital asset closer to its ultimate supply cap that won’t be reached until 2140.

The scarcity factor drives Bitcoin’s core design philosophy, mimicking precious metals like gold through artificial limitations. Mining rewards currently sit at 6.25 bitcoins per block, but these rewards get cut in half roughly every four years during events called “halvings.” The next halving comes in 2028, which will slash rewards to 3.125 bitcoins per block. Miners know each halving makes new bitcoins harder to earn, creating more scarcity in the market.

Market dynamics shift constantly.

Bitcoin’s price reflects the ongoing tug-of-war between supply constraints and demand pressures. The cryptocurrency trades around $31,000 in recent weeks, giving it a market cap exceeding $600 billion. That’s pretty wild growth from its early days when Bitcoin was worth less than a dollar. Institutional investors now see Bitcoin as both a speculative play and a potential hedge against inflation.

But regulatory headaches keep piling up. Governments worldwide can’t agree on how to handle cryptocurrencies, and recent U.S. crackdowns spooked investors and industry insiders. The lack of unified global rules adds uncertainty that traders hate dealing with.

Energy concerns won’t go away.

Bitcoin mining consumes massive amounts of electricity, drawing fire from environmentalists and politicians. Some mining operations moved to areas with renewable energy sources, but the environmental debate continues to rage. Critics argue Bitcoin’s carbon footprint is too large for widespread adoption.

Tech improvements might change everything, though. The Lightning Network and other innovations promise faster transactions and better scalability. These advances could help Bitcoin work better as actual money instead of just digital gold that people hoard.

Despite all the challenges, Bitcoin’s fundamentals stay solid. Its decentralized structure and security features appeal to users who want alternatives to traditional banking. Major companies and payment platforms keep adding Bitcoin support, which boosts legitimacy.

Michael Saylor doubled down on his Bitcoin bet. On March 1, 2026, his company MicroStrategy bought another 5,000 bitcoins, bringing total holdings above 140,000 coins. Saylor said Bitcoin’s finite supply protects against inflation and currency problems that central banks create. See also: Bitcoin Smashes ,000 Barrier as Crypto.

European Central Bank President Christine Lagarde shared concerns about Bitcoin’s volatility during a February 28, 2026 press conference. She said the digital asset doesn’t pose systemic risks yet, but growing adoption needs careful watching. The ECB seems worried about Bitcoin disrupting traditional monetary policy.

Bitcoin took a hit on March 3, 2026, dropping to $28,000 after hackers stole $150 million from BitMart exchange. The security breach reminded everyone that crypto exchanges remain vulnerable targets. Traders dumped coins fast when news broke.

Investment firm ARK Invest released a bullish report on March 4, 2026, projecting Bitcoin could hit $500,000 by 2030. They cited institutional adoption and inflation hedging as key drivers. That’s an ambitious target that many analysts think is unrealistic.

Elon Musk stirred up the market again. During a March 2, 2026 virtual conference, the Tesla CEO hinted his company might accept Bitcoin payments again if mining gets more sustainable. His comments pushed Bitcoin up 3% briefly, showing how much influence he still has.

SEC Chair Gary Gensler spoke at a public forum on March 4, 2026, saying the agency wants to protect investors while encouraging innovation. He promised new rules would clarify Bitcoin’s status without killing technological progress. The crypto industry keeps waiting for clearer guidance.

PayPal expanded Bitcoin services to more European markets on March 5, 2026, following successful U.S. rollout where crypto transactions saw strong user engagement. The payment giant wants to integrate digital currencies deeper into its platform, giving customers more options.

MIT researchers published a study on March 3, 2026, exploring Bitcoin’s potential impact on global finance. They said widespread Bitcoin adoption could challenge traditional banking by offering alternative value transfer methods. The study warned about financial instability risks if adoption outpaces regulation development. This follows earlier reporting on BlackRock Pumps 5 Million into Bitcoin.

The road to 21 million total coins stretches far ahead. Each newly mined bitcoin adds to the scarcity narrative that supporters love. Mining difficulty keeps increasing as more powerful computers join the race, making each coin harder to earn.

Satoshi Nakamoto, Bitcoin’s mysterious creator, hasn’t commented on the 95% milestone. The pseudonymous figure disappeared years ago, leaving behind a cryptocurrency that’s grown far beyond anyone’s early expectations.

Market watchers expect more volatility ahead as Bitcoin approaches key technical levels. Trading volumes remain elevated as both institutional and retail investors position themselves for potential price swings. The combination of supply constraints and regulatory uncertainty creates a perfect storm for dramatic moves.

Bitcoin miners face shrinking profit margins as rewards decrease and energy costs rise. Some operations shut down when prices fall too low, but others keep running hoping for better days. The mining industry consolidation continues as only the most efficient operations survive.

No one knows exactly when the final Bitcoin will be mined in 2140, but the 95% milestone marks a significant step toward that distant goal.

The mining landscape has become increasingly concentrated among a handful of major players. Antpool, F2Pool, and ViaBTC now control roughly 60% of Bitcoin’s total hash rate, raising concerns about network centralization that contradicts Bitcoin’s decentralized vision. Smaller mining operations struggle to compete with industrial-scale facilities that benefit from economies of scale and cheaper electricity rates.

Central banks worldwide are accelerating their own digital currency projects partly in response to Bitcoin’s growing influence. China’s digital yuan already processes millions of transactions daily, while the Federal Reserve continues researching a potential digital dollar. These government-backed alternatives aim to capture Bitcoin’s technological benefits while maintaining traditional monetary control mechanisms.

Post Views: 1

Journalist

Posted: March 6, 2026

At the time of writing, the altcoin was trading within a bullish structure on the daily chart. Its price has also remained above the EMA – A signal that buyers might still control the short-term trend.

Meanwhile, the momentum appeared to be steady. However, the next question is whether the rally has enough strength to extend itself towards the next liquidity zone.

Source: TradingView

Buyers maintain market control According to the recent Spot Taker CVD data, buyers have been dominating activity across the market.

On the spot market, buying pressure seemed to be stronger than sellers’ orders. This suggested that traders may be positioning themselves in anticipation of a further rally.

The same trend was visible in the derivatives market too. Buyers have continued to control the order flow, reinforcing the ongoing bullish momentum.

Usually, when both spot and derivatives markets align on the buy side, rallies often gain additional strength. The same scenario could replicate itself for DCR.

Source: CryptoQuant

Whale activity symbolizes early growth Another supportive signal seemed to be emerging from the network activity too.

The number of addresses holding more than $1,000 worth of DCR recorded a slight increase over the last 24 hours. While the growth seemed modest, it indicated that more investors may be gradually entering the market.

Cumulatively, rising holder distribution often supports sustained rallies, especially when it appears in coincidence with a bullish price structure.

Source: TradingView

Liquidity at $36.7 now the next focus Finally, from a technical perspective, the next key area now lies above the press time trading range.

Liquidity clusters remain concentrated around the $36.7-resistance level. These zones often act as magnets for the price when bullish momentum builds.

If buyer dominance continues and the current structure holds above the EMA, DCR could extend its move higher. A push towards $36.7 would represent the next logical step in the rally.

At press time, the trend was firmly in the bulls’ favour. The key factor will be whether buyers can maintain control long enough to trigger the next liquidity sweep.

Final Summary DCR has been holding on to a bullish structure above the EMA as buyers dominated both spot and derivatives markets. Growing investor participation could drive a liquidity sweep towards the $36.7 resistance zone.