Market Signal Briefing

Q4 Net Loss Nearly Doubles Estimates; Firm Reminds Investors of March 13 Lead Plaintiff Deadline

, /PRNewswire/ -- National shareholder rights law firm Hagens Berman provides an update to investors in CoreWeave, Inc. (NASDAQ: CRWV) following the company's dismal fourth-quarter 2025 financial results. The news follows allegations that the company concealed operational failures, as pled in a recently filed securities class action.

Hagens Berman is investigating the alleged claims in the pending suit. The firm urges investors who suffered substantial losses to:

SUBMIT YOUR LOSSES NOW

On February 26, 2026, CoreWeave reported a Q4 net loss of $452 million, or $0.89 per share—a staggering figure that nearly doubled the $0.49 loss per share anticipated by Wall Street analysts. Compounding the miss, CoreWeave issued a soft Q1 2026 revenue guidance of $1.9 billion to $2.0 billion, falling significantly short of the $2.3 billion consensus. On this news, CRWV shares plunged nearly 20%.

The disappointing Q4 results come after the filing of a securities class action suit against CoreWeave and certain of its executives arising from the company's inability to scale its high-performance computing (HPC) clusters at the pace allegedly promised.

"We are investigating whether the company overstated scaling capabilities and hid critical delays," said Reed Kathrein, the Hagens Berman partner leading the firm's investigation of the pending claims.

View our latest video summary of the allegations: youtube.com/watch?v=rWaDX1uGyJs

The CoreWeave, Inc. (CRWV) Securities Class Action

The pending securities class action, Masaitis v. CoreWeave, Inc., et al., No. 2:26-cv-00355, filed in the U.S. District Court for the District of New Jersey, seeks to recover losses for investors who acquired CoreWeave securities between March 28, 2025, and December 15, 2025 (the "Class Period").

The complaint alleges that CoreWeave and its executives violated the Securities Exchange Act of 1934 by:

Overstating Scaling Capabilities: Allegedly misrepresenting the company's ability to satisfy "unprecedented" demand for its NVIDIA-powered AI cloud. Concealing Critical Delays: Failing to disclose that the Denton, Texas data center cluster—intended to service OpenAI—was months behind schedule due to weather and design plan revisions. Single-Supplier Dependency: Understating the operational and financial risks of its heavy reliance on a single third-party data center developer. Share Price Erosion: Since these infrastructure failures began to surface in late 2025, CoreWeave's stock has faced severe downward pressure, further exacerbated by the latest Q4 earnings shock. Critical Deadline: March 13, 2026

If you purchased CoreWeave common stock during the Class Period (Mar. 28, 2025 – Dec. 15, 2025) and suffered substantial losses, you have until March 13, 2026, to ask the Court to appoint you as Lead Plaintiff.

TO SUBMIT YOUR COREWEAVE (CRWV) INVESTMENT LOSSES NOW, PLEASE USE THE SECURE FORM BELOW:

Report your CRWV Investment Losses to Hagens Berman Now If you'd like more information and answers to frequently asked questions about the CoreWeave case and our investigation, read more »

Whistleblowers: Persons with non-public information regarding CoreWeave should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email [email protected].

About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation firm focusing on corporate accountability. The firm is home to a robust practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and other wrongdoings. Hagens Berman's team has secured more than $2.9 billion in this area of law. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw. 

SOURCE Hagens Berman Sobol Shapiro LLP

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, /PRNewswire/ -- Class Action Attorney Juan Monteverde with Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm in the 2025 ISS Securities Class Action Services Report. The firm is headquartered at the Empire State Building in New York City and is investigating Texas Mineral Resources Corp. (OTCQB: TMRC) related to its sale to USA Rare Earth, Inc. for 3,823,328 shares of USA Rare Earth common stock. Is it a fair deal?

Click here for more info https://monteverdelaw.com/case/texas-mineral-resources-corp/. It is free and there is no cost or obligation to you.

NOT ALL LAW FIRMS ARE EQUAL. Before you hire a law firm, you should talk to a lawyer and ask:

Do you file class actions and go to Court? When was the last time you recovered money for shareholders? What cases did you recover money in and how much? About Monteverde & Associates PC

Our firm litigates and has recovered money for shareholders…and we do it from our offices in the Empire State Building. We are a national class action securities firm with a successful track record in trial and appellate courts, including the U.S. Supreme Court. 

No one is above the law. If you own common stock in the above listed company and have concerns or wish to obtain additional information free of charge, please visit our website or contact Juan Monteverde, Esq. either via e-mail at [email protected] or by telephone at (212) 971-1341.

Contact:
Juan Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4740
New York, NY 10118
United States of America
[email protected]
Tel: (212) 971-1341

Attorney Advertising. (C) 2026 Monteverde & Associates PC. The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com). Prior results do not guarantee a similar outcome with respect to any future matter.

SOURCE Monteverde & Associates PC

AUSTIN, Texas, March 05, 2026 (GLOBE NEWSWIRE) -- via IBN – Suntex Enterprises, Inc. (OTC: SNTX) today announced that it has executed a Letter of Intent (LOI) to acquire Deep South Electrical Contractors and GoldenEra Development, two operating subsidiaries currently held by Golden Triangle Ventures, Inc.

The agreement outlines Suntex’s intent to bring both operating businesses under the Suntex corporate structure, further expanding the Company’s operating footprint across infrastructure, construction services, and development operations.

Deep South Electrical Contractors is an active commercial and industrial electrical contractor supporting large-scale infrastructure and technology-driven facilities. GoldenEra Development provides construction management and development services tied to commercial and industrial projects. Both businesses are currently operating and engaged on projects supporting continued growth.

Management believes the addition of these operating companies will significantly strengthen Suntex’s revenue base and expand its ability to pursue larger infrastructure and development opportunities.

“This agreement represents another step in building Suntex into a stronger operating company,” said Javier Leal, CEO of Suntex Enterprises. “Deep South Electrical Contractors and GoldenEra Development bring established operations and ongoing project activity. Bringing these businesses under the Suntex umbrella allows us to continue expanding our operational platform and scale.”

The execution of the Letter of Intent reflects the parties’ commitment to move forward with definitive agreements and finalize the transaction following customary due diligence and closing conditions.

Full terms of the transaction, including the structure of the acquisition, will be announced once definitive agreements are finalized.

About Suntex Enterprises, Inc.

Suntex Enterprises, Inc. (OTC: SNTX) is focused on building and acquiring operating businesses across infrastructure, construction services, and asset-backed development opportunities. The Company’s strategy centers on expanding revenue-generating operations while strengthening its operational foundation for long-term growth.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements reflect current expectations regarding future events and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Suntex Enterprises undertakes no obligation to update forward-looking statements except as required by law.

MEDIA CONTACT
JA Development & Construction Media Relations
[email protected]

SOCIAL
X: @SuntexEnt25 | @JA_Development

InvestorWire Service Contact:

IBN
Austin, Texas
www.InvestorBrandNetwork.com
512.354.7000 Office
[email protected]

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SAN DIEGO, March 05, 2026 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Kyndryl Holdings, Inc. (NYSE: KD) securities between August 7, 2024 and February 9, 2026. Kyndryl describes itself as a “technology services company, which engages in the provision of infrastructure services.”

For more information, submit a form, email attorney Aaron Dumas, Jr., or give us a call at (800) 350-6003.

What is the class period? August 7, 2024 – February 9, 2026

What are the allegations? Robbins LLP is Investigating Allegations that Kyndryl Holdings, Inc. (KD) Materially Misstated its Financial Statements

According to the complaint, during the class period defendants failed to disclose that: (1) Kyndryl’s financial statements issued during the class period were materially misstated; (2) Kyndryl lacked adequate internal controls and at times materially understated issues with its internal controls; and (3) as a result, Kyndryl would be unable to timely file its Quarterly Report on Form 10-Q for the quarter ended December 31, 2025.

Plaintiff alleges that on February 9, 2026, Kyndryl filed with the SEC a Notification of Late Filing on Form 12b-5 announcing it would be unable to file its Quarterly Report on Form 10-Q for the quarter ended December 31, 2025 within the necessary time. The late filing notice also revealed the existence of an investigation by the SEC into the Company’s financial reporting and that the Company's Chief Financial Officer and General Counsel departed their positions, and the Senior V.P. and Global Controller assumed a different role. On this news, Kyndryl’s stock price fell $12.90 per share, or 55%, to close at $10.59 on February 9, 2026.

What can shareholders do now? You may be eligible to participate in the class action against Kyndryl Holdings, Inc. Shareholders who wish to serve as lead plaintiff for the class must submit their papers to the court by April 13, 2026. The lead plaintiff is a representative party who acts on behalf of other class members in directing the litigation. You do not have to participate in the case to be eligible for a recovery. If you choose to take no action, you can remain an absent class member. For more information, click here.

All representation is on a contingency fee basis. Shareholders pay no fees or expenses.

About Robbins LLP: A recognized leader in shareholder rights litigation, the attorneys and staff of Robbins LLP have been dedicated to helping shareholders recover losses, improve corporate governance structures, and hold company executives accountable for their wrongdoing since 2002.

To be notified if a class action against Kyndryl Holdings, Inc. settles or to receive free alerts when corporate executives engage in wrongdoing, sign up for Stock Watch today.

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

CorMedix Inc. (CRMD) Q4 2025 Earnings Call Transcript

The US government drafted a rule requiring export licenses for AI chip shipments, including those from major companies like Nvidia and AMD, to all countries worldwide. Ed Ludlow has more on "Bloomberg Markets.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Roundhill Innovation-100 0DTE Covered Call Strategy ETF (CBOE:QDTE) was built for a specific type of investor: someone who wants meaningful income from tech exposure without simply riding the Nasdaq up and down. The fund sells zero-days-to-expiration covered calls on the Innovation-100 Index each morning, collects the premium, and distributes it weekly. With roughly $927 million in assets and a strategy that has attracted a devoted income-seeking following, QDTE has delivered. But the architecture of the fund creates a specific landmine that most holders are not thinking about clearly.

The covered call premium cushions losses slightly on bad days. It does not stop them. And the holdings underneath this fund are not your average blue chips sitting quietly in a portfolio. They are some of the most volatile, highest-multiple, binary-outcome names in the market.

The Upside Cap Does Not Come With a Downside Floor The primary risk facing QDTE is straightforward but easy to underestimate: the fund’s underlying holdings can fall sharply, and the daily options premium collected does almost nothing to offset a serious drawdown. Selling a 0DTE covered call generates a small amount of daily income. It does not generate a hedge. If a core holding drops sharply in a week, a few days of premium income will not make a dent.

Strategy / MicroStrategy (MSTR) Consider what is actually sitting in this fund. Strategy (NASDAQ:MSTR), formerly MicroStrategy, is essentially a leveraged bitcoin vehicle. In Q4 2025, the company reported a net loss of $12.44 billion, driven almost entirely by a $17.44 billion unrealized loss on its bitcoin holdings. The company holds 713,502 bitcoins, and every meaningful move in bitcoin price flows directly into the stock. MSTR has already fallen 46.78% over the past year, and bitcoin itself has traded as low as $65,769 in early March 2026 after touching nearly its recent highs in late 2025. Polymarket traders currently price a 65.5% probability that bitcoin dips to $55,000 before year end. If that happens, MSTR would almost certainly crater, and QDTE’s daily call premium would be irrelevant noise against the NAV destruction.

Palantir (PLTR) Then there is Palantir (NASDAQ:PLTR | PLTR Price Prediction). The company posted genuinely strong Q4 2025 results, with revenue growing 70% year-over-year to $1.41 billion and a Rule of 40 score of 127%. But the stock trades at a trailing price-to-earnings ratio of around 234x and a price-to-sales ratio of nearly 79x. At that valuation, the margin for error is essentially zero. Any guidance miss, government contract reduction, or macro sentiment shift can trigger a violent repricing. Palantir’s own insiders have been selling aggressively, with CEO Alexander Karp and multiple other executives liquidating large positions on February 20, 2026, at prices between $132 and $136, well below where the stock had been trading just weeks earlier. Palantir is down 13.82% year-to-date through March 4.

Tesla (TSLA) Tesla (NASDAQ:TSLA) adds a different flavor of risk. Vehicle deliveries fell 16% year-over-year in Q4 2025 to 418,227 units, and automotive revenue declined 11%. The stock sits at a trailing P/E of 370x, which requires an enormous amount of future growth to justify. Kalshi prediction markets currently place only a 20% probability on Tesla delivering more than 500,000 vehicles in any single quarter before 2027, suggesting the crowd is skeptical of the exponential delivery growth the valuation demands. The stock is already down 9.73% year-to-date.

NVIDIA (NVDA) NVIDIA (NASDAQ:NVDA) is the fund’s most credible holding from a fundamental standpoint, with Q4 FY2026 revenue of $68.13 billion, up 73% year-over-year. But even NVIDIA carries a specific landmine: its Q1 FY2027 guidance explicitly excludes any Data Center compute revenue from China, a market where the company previously generated meaningful revenue. NVIDIA is down 6.4% over the past week as of March 4.

QDTE Fund Overview The transmission mechanism is simple. When any of these names gaps down sharply on a binary event, whether that is a bitcoin crash, a Palantir valuation reset, a Tesla delivery miss, or an escalation in China export restrictions, QDTE’s NAV drops with it. The daily premium from selling a covered call might represent a fraction of a percent of NAV. A significant drawdown in a major holding is not offset by a week’s worth of income distributions.

The Volatility Regime Can Work Against the Fund in Two Directions The secondary risk is subtler but equally real. QDTE’s income depends entirely on implied volatility in its underlying index. Higher volatility means fatter option premiums and bigger weekly distributions. Lower volatility means the opposite. The current environment creates a two-sided trap.

The VIX currently sits at 23.57, up 35.1% over the past month and sitting at roughly the 87th percentile of observations over the past year. That elevated reading is temporarily supportive of premium income. But it also reflects genuine market stress, which is precisely the environment where QDTE’s underlying holdings tend to suffer most. Innovation-oriented, high-multiple growth stocks are the first to be sold when fear rises.

The VIX reached a peak of 52.33 on April 8, 2025, during a period of extreme market panic. During that kind of event, QDTE would be collecting elevated premiums while simultaneously watching its NAV erode as holdings like MSTR, PLTR, and TSLA sold off hard. The premium income is procyclical with the fear that causes the damage.

If volatility instead normalizes back toward the 12-month average of around 19 or lower, premium income compresses and the fund’s headline yield shrinks. Investors who bought in for the distribution may find themselves holding a lower-yielding fund while the underlying holdings remain fully exposed to any future shock. The VIX touched 13.47 as recently as December 24, 2025, demonstrating how quickly the environment can shift.

What to Watch Before the Landmine Goes Off For the concentration and drawdown risk, the most actionable signal is bitcoin’s price. MSTR’s stock moves in tight correlation with bitcoin, and a break below the $65,769 support level seen on March 1 would likely accelerate selling pressure in MSTR and drag on QDTE’s NAV. Track bitcoin daily on any major exchange or financial data platform. The $60,000 level is the next meaningful floor to watch.

For Palantir specifically, monitor the company’s government contract pipeline. A meaningful reduction in U.S. government spending, or any high-profile contract termination, would hit a stock already priced for perfection. The company’s own SEC filings note that contracts are subject to termination for convenience provisions. Check Palantir’s quarterly filings for any changes in total contract value or government revenue trajectory.

For the volatility premium risk, the CBOE’s VIX index is the right instrument to monitor weekly. The critical threshold is sustained movement below 15, which historically signals a low-volatility regime where 0DTE premium income compresses significantly. The FRED VIX data series updates daily and provides the historical context needed to assess where current readings sit relative to recent norms.

QDTE has gained 23.52% over the past year, which is a respectable result for an income-oriented strategy. But that performance came during a period of generally rising tech stocks and elevated volatility. The fund’s architecture rewards exactly those conditions. What it does not do is protect investors when those conditions reverse. Anyone holding QDTE for income should understand that the weekly distribution is not a cushion against a serious drawdown in its underlying holdings. It is simply what the fund pays while it waits to see whether the landmine gets stepped on.

March 05, 2026 13:52 ET  | Source: Hanmi Bank

LOS ANGELES, March 05, 2026 (GLOBE NEWSWIRE) -- Hanmi Financial Corporation (NASDAQ: HAFC, or “Hanmi”), the parent company of Hanmi Bank (the “Bank”), today announced the release of its 2025 annual letter to shareholders entitled “Consistent Performance Through Strong Execution” authored by President and Chief Executive Officer Bonnie Lee. To view the letter please visit Hanmi Financial Corporation (HAFC).

About Hanmi Financial Corporation
Headquartered in Los Angeles, California, Hanmi Financial Corporation owns Hanmi Bank, which serves multi-ethnic communities through its network of 32 full-service branches, five loan production offices and three loan centers in California, Texas, Illinois, Virginia, New Jersey, New York, Colorado, Washington, and Georgia. Hanmi Bank specializes in real estate, commercial, SBA and trade finance lending to small and middle market businesses. Additional information is available at www.hanmi.com.

Investor Contacts:
Romolo (Ron) Santarosa
Senior Executive Vice President & Chief Financial Officer
213-427-5636

Lisa Fortuna
Investor Relations
Financial Profiles, Inc.
[email protected]
310-622-8251

Source: Hanmi Bank

Key Takeaways Western Union partners Crossmint to launch USDPT stablecoin on Solana via its new Digital Asset Network.WU's network links stablecoins to 360,000 payout locations for local-cash pickup in 200 countries.WU sees blockchain settlements reducing intermediaries and delays, helping protect margins in remittances. The Western Union Company (WU - Free Report) is expanding its presence in the digital asset ecosystem through a partnership with Crossmint. The collaboration will support the launch of WU’s U.S. dollar-denominated stablecoin, USDPT, which will be issued on the Solana blockchain and integrated into the company’s newly introduced Digital Asset Network.

The initiative aims to bridge the gap between digital assets and real-world money movement. WU’s Digital Asset Network is designed to connect stablecoins with its extensive physical payout infrastructure, allowing users to convert digital dollars into local currency through over 360,000 collection locations worldwide. This network could make stablecoin transactions much more convenient for everyday cross-border transfers, particularly in areas where traditional banking options are hard to come by.

Under this partnership, Crossmint will integrate USDPT into its wallet and payment APIs, enabling fintech developers and enterprises to build applications that support instant transfers, stablecoin holdings and seamless connections to Western Union’s global payout network. Over time, this infrastructure could allow digital wallets and fintech platforms to move funds across borders almost instantly while still offering reliable cash pickup options in more than 200 countries.

Strategically, stablecoins could offer WU an opportunity to improve transaction efficiency and potentially lower the cost of cross-border settlements. Traditional remittance systems often get bogged down with multiple intermediaries, currency conversion fees and delays in settlement. By leveraging blockchain infrastructure, transfers can settle nearly instantly while maintaining a dollar-denominated value through the stablecoin. This approach could help Western Union safeguard its profit margins and stay competitive against fintech and crypto-based remittance services.

If adoption scales, USDPT could unlock new revenue streams tied to digital payments infrastructure while preserving Western Union’s powerful global payout network. In a payments market increasingly shaped by blockchain efficiency, integrating stablecoins might help the company defend its market share while gradually improving operating leverage through faster and cheaper settlement systems.

WU’s Price PerformanceOver the past year, WU shares have fallen 13.4% compared with the industry’s decline of 19.3%.

Image Source: Zacks Investment Research

WU’s Zacks Rank & Key PicksWU currently carries a Zacks Rank #3 (Hold).

Some better-ranked stocks in the business services space are Remitly Global, Inc. (RELY - Free Report) , Sezzle Inc. (SEZL - Free Report) and Dave Inc. (DAVE - Free Report) . While Remitly Global and Sezzle sport a Zacks Rank #1 (Strong Buy) each at present, Dave carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

The Zacks Consensus Estimate for Remitly Global’s current-year earnings of 51 cents per share has remained stable over the past seven days. Remitly Global beat earnings estimates in three of the trailing four quarters. The consensus estimate for current-year revenues is pegged at $2 billion, implying 19.5% year-over-year growth.

The Zacks Consensus Estimate for Sezzle’s current-year earnings of $4.69 per share has witnessed four upward revisions in the past seven days against no movement in the opposite direction. Sezzle beat earnings estimates in each of the trailing four quarters, with the average surprise being 66.7%. The consensus estimate for current-year revenues is pegged at $576.9 million, implying 28.1% year-over-year growth.

The Zacks Consensus Estimate for DAVE’s current-year earnings of $14.07 per share has witnessed one upward revision in the past 30 days against no movement in the opposite direction. Dave beat earnings estimates in each of the trailing four quarters, with the average surprise being 54.2%. The consensus estimate for current-year revenues is pegged at $692.5 million, implying 25% year-over-year growth.

2.44K Followers

Analyst’s Disclosure: I/we have a beneficial long position in the shares of VET either through stock ownership, options, or other derivatives. 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.

Q4: 2026-03-04 Earnings SummaryEPS of -$0.03 beats by $0.00

 |

Revenue of

$1.87M

(-17.85% Y/Y)

misses by $458.58K

Rigetti Computing, Inc. (RGTI) Q4 2025 Earnings Call March 4, 2026 5:00 PM EST

Company Participants

Subodh Kulkarni - CEO, President & Director
Jeffrey Bertelsen - Chief Financial Officer

Conference Call Participants

Kevin Garrigan - Jefferies LLC, Research Division
Troy Jensen - Cantor Fitzgerald & Co., Research Division
Quinn Bolton - Needham & Company, LLC, Research Division
David Williams
Sreekrishnan Sankarnarayanan - TD Cowen, Research Division
Craig Ellis - B. Riley Securities, Inc., Research Division
Tyler Perry Anderson - Craig-Hallum Capital Group LLC, Research Division
John McPeake - Rosenblatt Securities Inc., Research Division
Brian Kinstlinger - Alliance Global Partners, Research Division

Presentation

Operator

Good day, and thank you for standing by. Welcome to the Rigetti Computing Fourth Quarter and Full Year 2025 Financial Results Conference Call. [Operator Instructions]. Please be advised that today's conference is being recorded. [Operator Instructions]. I would now like to hand the conference over to your speaker today, CEO, Dr. Subodh Kulkarni.

Subodh Kulkarni
CEO, President & Director

Good afternoon, everyone, and thank you for joining us for Rigetti's Fourth Quarter and Full Year 2025 Earnings Conference Call. I'm pleased to be joined today by our Chief Financial Officer, Jeff Bertelsen, who will walk you through our financial results in more detail following my overview. Also with us is our Chief Technology Officer, David Rivas, who will be available to participate in the Q&A session following our prepared remarks. We appreciate your continued interest in Rigetti, and we look forward to answering your questions at the conclusion of our remarks.

Before we begin, I would like to remind everyone that today's call along with our fourth quarter and full year 2025 press release contains forward-looking statements. These statements reflect our current expectations, objectives and underlying assumptions regarding our outlook and future operating results. These forward-looking statements are subject to a number of risks and uncertainties that could

Teads Holding Co. (TEAD) Q4 2025 Earnings Call March 5, 2026 8:30 AM EST

Company Participants

David Kostman - CEO & Director
Jason Kiviat - Chief Financial Officer

Conference Call Participants

Laura Martin - Needham & Company, LLC, Research Division
Matthew Condon - Citizens JMP Securities, LLC, Research Division
James Heaney - Jefferies LLC, Research Division
Zach Cummins - B. Riley Securities, Inc., Research Division

Presentation

Operator

Good day. Welcome to Teads' Fourth Quarter and Full Year 2025 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded.

I would now like to turn the call over to Teads Investor Relations. Please go ahead.

Unknown Executive

Good morning, and thank you for joining us on today's conference call to discuss Teads fourth quarter and full year 2025 results. Joining me on the call today, we have David Kostman and Jason Kiviat, the CEO and CFO of Teads.

During this conference call, management will make forward-looking statements based on current expectations and assumptions, including statements regarding our business outlook and prospects. These statements are subject to risks and uncertainties that may cause actual results to differ materially from our forward-looking statements. These risk factors are discussed in detail in our annual report on Form 10-K for the year ended December 31, 2024, as updated in our subsequent reports filed with the Securities and Exchange Commission.

Forward-looking statements speak only as of the call's original date, and we do not undertake any duty to update any such statements. Today's presentation also includes references to non-GAAP financial measures. You should refer to the information contained in the company's fourth quarter and full year 2025 results announcement for definitional information and reconciliation of non-GAAP measures to the comparable GAAP financial measures. Our earnings release can be found on our IR website, investors.teads.com, under News and Events. With that, let me

Banco BBVA Argentina S.A. (BBAR) Q4 2025 Earnings Call Transcript

The logo of Swiss drugmaker Roche is seen at its headquarters in Basel, Switzerland February 1, 2018. REUTERS/Arnd Wiegmann Purchase Licensing Rights, opens new tab

March 5 (Reuters) - Genentech, ​part of Roche (ROG.S), opens new tab, said ‌on Thursday that its experimental obesity drug helped ​people lose up to ​10.7% of their body ⁠weight in a ​mid-stage study.

In the 493-patient trial, ​the drug, petrelintide, helped people lose up to 10.7% ​of their body ​weight over 42 weeks, far more ‌than ⁠the 1.7% seen with a placebo.

Keep up with the latest medical breakthroughs and healthcare trends with the Reuters Health Rounds newsletter. Sign up here.

Roche gained access to petrelintide through ​a ​collaboration ⁠and licensing deal signed with Denmark's ​Zealand Pharma last ​year, ⁠giving the Swiss drugmaker shared development rights to ⁠the ​amylin‑based obesity ​therapy.

Reporting by Kamal Choudhury in Bengaluru; ​Editing by Alan Barona

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

March 05, 2026 13:59 ET  | Source: Diversified Energy PLC

TR-1: Standard form for notification of major holdings

1. Issuer Details

ISINUS25520W1071 Issuer Name Diversified Energy Company  UK or Non-UK Issuer Non-UK  2. Reason for Notification 

An acquisition or disposal of financial instruments  3. Details of person subject to the notification obligation 

NameBarclays PLC  City of registered office (if applicable) London Country of registered office (if applicable) United Kingdom  4. Details of the shareholder 

Full name of shareholder(s) if different from the person(s) subject to the notification obligation, above   City of registered office (if applicable)   Country of registered office (if applicable)   5. Date on which the threshold was crossed or reached 

03-Mar-2026  6. Date on which Issuer notified 

05-Mar-2026  7. Total positions of person(s) subject to the notification obligation 

.% of voting rights attached to shares (total of 8.A) % of voting rights through financial instruments (total of 8.B 1 + 8.B 2) Total of both in % (8.A + 8.B) Total number of voting rights held in issuer Resulting situation on the date on which threshold was crossed or reachedBelow notifiable ThresholdBelow notifiable ThresholdBelow notifiable ThresholdBelow notifiable ThresholdPosition of previous notification (if applicable)2.4600002.8000005.260000 
8. Notified details of the resulting situation on the date on which the threshold was crossed or reached

8A. Voting rights attached to shares 

Class/Type of shares ISIN code(if possible)Number of direct voting rights (DTR5.1)Number of indirect voting rights (DTR5.2.1)% of direct voting rights (DTR5.1)% of indirect voting rights (DTR5.2.1)US25520W1071 Below notifiable Threshold Below notifiable ThresholdSub Total 8.ABelow notifiable ThresholdBelow notifiable Threshold
8B1. Financial Instruments according to (DTR5.3.1R.(1) (a))

Type of financial instrumentExpiration dateExercise/conversion periodNumber of voting rights that may be acquired if the instrument is exercised/converted% of voting rights     Sub Total 8.B1   
8B2. Financial Instruments with similar economic effect according to (DTR5.3.1R.(1) (b))

Type of financial instrument Expiration date Exercise/conversion period Physical or cash settlement Number of voting rights % of voting rights       Sub Total 8.B2   
9. Information in relation to the person subject to the notification obligation

2. Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entities (please add additional rows as necessary)

Ultimate controlling personName of controlled undertaking% of voting rights if it equals or is higher than the notifiable threshold% of voting rights through financial instruments if it equals or is higher than the notifiable thresholdTotal of both if it equals or is higher than the notifiable thresholdBarclays PLCBarclays Bank PLC   Barclays PLCBarclays Capital Inc.   Barclays PLCBarclays Capital Securities Limited   
10. In case of proxy voting

Name of the proxy holder   The number and % of voting rights held   The date until which the voting rights will be held   11. Additional Information

Full chain of controlled undertaking:
Barclays PLC
Barclays Bank PLC (100%)
Barclays Capital Securities Limited (100%) Barclays PLC
Barclays Bank PLC (100%)
Barclays US Holdings Limited (100%)
Barclays US LLC (100%)
Barclays Group US Inc. (100%)
Barclays Capital Inc. (100%)

Trading book exemption applied

  12. Date of Completion 

05-Mar-2026   13. Place Of Completion 

London

- Published today in Science, the discovery marks the creation and observation of the first molecule with a half-Möbius electronic topology.
- It shows how quantum computers can directly contribute to understanding complex molecular behavior.

, /PRNewswire/ -- An international team of scientists from IBM (NYSE: IBM), The University of Manchester, Oxford University, ETH Zurich, EPFL and the University of Regensburg have created and characterized a molecule unlike any previously known — one whose electrons travel through its structure in a corkscrew-like pattern that fundamentally alters its chemical behavior. Published today in Science, it is the first experimental observation of a half-Möbius electronic topology in a single molecule.

Dyson orbital for electron attachment, calculated using quantum hardware. Credit: IBM and the University of Manchester

Left, a scanning tunneling microscopy image of the new half-Möbius molecule's electron orbital density; right, a simulated STM image of the molecule's orbital density, which was made using an IBM quantum computer. To the scientists' knowledge, a molecule with such topology has never before been synthesized, observed, or even formally predicted. Understanding this molecule's behavior at the electronic structure level required something equally fundamental: a high fidelity quantum computing simulation.

The discovery advances science on two fronts. For chemistry, it demonstrates that electronic topology — the property governing how electrons move through a molecule — can be deliberately engineered, not merely found in nature. For quantum computing, it is a concrete demonstration of a quantum simulation doing what it was designed to do: representing quantum mechanical behavior directly, at the molecular scale, to produce scientific insight that would otherwise have remained out of reach. 

"First, we designed a molecule we thought could be created, then we built it, and then we validated it and its exotic properties with a quantum computer," said Alessandro Curioni, IBM Fellow, Vice President, Europe and Africa, and Director of IBM Research Zurich. "This is a leap towards the dream laid out by renowned physicist Richard Feynman decades ago to build a computer that can best simulate quantum physics and a demonstration where, as he said, 'There's plenty of room at the bottom.' The success of this research signals a step towards this vision, opening the door for new ways to explore our world and the matter within it."

A Never-Before-Seen Molecule

The molecule, with the formula C₁₃Cl₂, was assembled atom-by-atom at IBM from a custom precursor synthesized at Oxford University, with individual atoms removed one at a time using precisely calibrated voltage pulses under ultra-high vacuum at near-absolute-zero temperatures.

Experiments with scanning tunneling and atomic force microscopy, both techniques pioneered at IBM, combined with quantum computing to reveal an electronic configuration with no counterpart in chemistry's existing record: an electronic structure that undergoes a 90-degree twist with each circuit, requiring four complete loops to return to the starting phase.

This half-Möbius topology is qualitatively distinct from any previously known molecule and can be reversibly switched between clockwise-twisted, counterclockwise-twisted and untwisted states — demonstrating that electronic topology is not a property to be discovered, but one that can now be deliberately engineered under specific conditions.

A Disruptive Scientific Tool: Quantum-Centric Supercomputing

The scientists in this experiment created a molecule that had never existed. Now they had to figure out why it worked, a task which challenged conventional computers. The electrons within C₁₃Cl₂ interact in deeply entangled ways — each influencing all the others simultaneously. Modeling that behavior requires tracking every possible configuration of those interactions at once, requiring computational demands that grow exponentially and can quickly overwhelm classical machines.

Quantum computers are different by nature because they operate according to the same quantum mechanical laws that govern electrons in molecules, and they can represent these systems directly rather than approximate them. They "speak" the same fundamental language as the matter they are built to study and that distinction, once largely theoretical, can now contribute to concrete scientific results.

This capability offers tremendous potential for quantum computers to support real-world experimentation with quantum-centric supercomputing workflows. By integrating quantum processing units (QPUs), CPUs, and GPUs, quantum-centric supercomputing allows complex problems to be broken into parts that are orchestrated and solved according to each system's strengths — achieving what no single compute paradigm can deliver alone.

Utilizing an IBM quantum computer within such a workflow, the team found helical molecular orbitals for electron attachment, a fingerprint of the half-Möbius topology. Moreover, simulation via quantum computing helped reveal the mechanism behind the formation of the unusual topology: a helical pseudo-Jahn-Teller effect.

This achievement builds on IBM's long legacy in nanoscale science. The scanning tunneling microscope (STM) was invented at IBM in 1981, for which IBM scientists Gerd Binnig and Heinrich Rohrer were awarded the Nobel Prize in 1986. Its creation enabled researchers to image surfaces atom by atom. In 1989, IBM scientists developed the first reliable method for manipulating individual atoms. Over the past decades, the IBM team has extended these techniques to build and control increasingly exotic molecular structures.

RESEARCHER QUOTES

Dr. Igor Rončević, paper co-author, Lecturer in Computational and Theoretical Chemistry at Manchester University:
"Chemistry and solid-state physics advance by finding new ways to control matter. In the second half of the 20th century, substituent effects were very popular. For example, researchers explored how the potency of a drug or the elasticity of a material changes if, for example, a methyl is replaced with chlorine. The turn of the century brought us spintronics, introducing electron spin as a new degree of freedom to play with, and transforming data storage. Today, our work shows that topology can also serve as a switchable degree of freedom, opening a new powerful route for controlling material properties.

"The non-trivial topology of this molecule, and the exotic behavior of many other systems, arises from interactions between their electrons. Simulating electrons with classical computers is very hard – a decade ago we could exactly model 16 electrons, and today we can go up to 18. Quantum computers are naturally well-suited for this problem because their building blocks – qubits – are quantum objects, which mirror electrons. Using IBM's quantum computer, we were able to explore 32 electrons. However, the most exciting part is this is just the start. Quantum hardware is advancing rapidly, and the future is quantum."

Dr. Harry Anderson, paper co-author, Professor of Chemistry at Oxford University:
"It is remarkable that the Lewis structure of C₁₃Cl₂ already indicates it is chiral, as confirmed by the experiment and quantum chemical calculations. It is also amazing that the enantiomers can be interconverted by applying voltage pulses from the probe tip."

Dr. Jascha Repp, paper co-author, Professor of Physics at the University of Regensburg:
"I'm really excited to be part of a project where quantum hardware does real science, not just demos. It's fascinating that a tiny molecule can have such a complex electronic structure that is challenging to simulate classically, and is so twisted and strange that it almost twists your mind."

For more about this research, please read the blog: Quantum simulates properties of the first-ever half-Möbius molecule, designed by IBM and researchers

About IBM

IBM is a leading global hybrid cloud and AI, and business services provider, helping clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of governments and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM's hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM's breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM's legendary commitment to trust, transparency, responsibility, inclusivity and service.

For more information, visit https://research.ibm.com.

Media Contact:

Erin Angelini
IBM Communications
[email protected]

Dave Mosher
IBM Research
[email protected]

SOURCE IBM

Key Takeaways Veeva Systems' Q4 FY26 EPS of $2.06 beat estimates and revenues rose 16% y/y to $836M.VEEV's subscription revenues climbed 16% to $707.7M, driven by demand for established and newer solutions.VEEV expects FY27 revenues of $3.59B and EPS around $8.85 while expanding AI agents across platforms. Veeva Systems, Inc. (VEEV - Free Report) reported adjusted earnings per share (EPS) of $2.06 for the fourth quarter of fiscal 2026, which increased 18.4% from the year-ago figure of $1.74. Adjusted EPS beat the Zacks Consensus Estimate by 7.3%.

GAAP EPS in the fiscal fourth quarter was $1.45, up 22.9% from the year-ago period’s $1.18.

VEEV’s Q4 Revenue DetailsIn the quarter under review, the company’s revenues totaled $836 million, beating the Zacks Consensus Estimate by 3.4%. On a year-over-year basis, the top line improved 16%.

Shares of the company gained 11.3% in yesterday’s after-market trading. The stock lost 31% in the past six months compared with the industry’s decline of 34.8%. However, the S&P 500 Index has increased 6.4% in the same time frame.

Image Source: Zacks Investment Research

The fiscal fourth-quarter top line was driven by Veeva Systems’ robust segmental performance.

VEEV’s FY26 ResultsFor fiscal 2026, VEEV registered total sales of $3.19 billion, up 16% year over year.

The company reported adjusted EPS of $8.10 for fiscal 2026, up 22.7% compared with fiscal 2025.

Segmental Analysis of VEEVVeeva Systems derives revenues from two operating segments: Subscription services, and Professional services and other.

In the fiscal fourth quarter, Subscription services revenues improved 16% from the year-ago quarter to $707.7 million. Per management, this uptick was driven by both its established and newer solutions.

Professional services and other revenues increased 14.1% year over year to $128.2 million.

Q4 Margin Performance by VEEVIn the quarter under review, Veeva Systems’ gross profit improved 15.3% year over year to $622.5 million. The gross margin contracted 40 basis points (bps) to 74.5%.

Sales and marketing expenses increased 11.1% year over year to $110.2 million. Research and development (R&D) expenses rose 9.5% year over year to $198.8 million, while general and administrative expenses decreased 4.4% year over year to $67.6 million. Total operating expenses of $376.6 million increased 7.1% year over year.

Operating profit totaled $245.9 million, which increased 30.5% from the prior-year quarter. The operating margin in the fiscal fourth quarter expanded 330 bps to 29.4%.

VEEV’s Financial PositionThe company exited fourth-quarter fiscal 2026 with cash and cash equivalents and short-term investments of $6.56 billion compared with $6.64 billion at the fiscal third-quarter end.

Cumulative net cash provided by operating activities at the end of the quarter was $1.42 billion compared with $1.09 billion a year ago.

Q1 & FY27 Guidance Provided by VEEVVeeva Systems has issued its financial outlook for the first quarter and full-year fiscal 2027.

For the fiscal first quarter, the company expects total revenues between $855 million and $858 million. The Zacks Consensus Estimate is currently pegged at $845.4 million.

Subscription revenues are estimated to be approximately $720 million, and the same for Professional services and other is expected to be in the range of $135-$138 million for the fiscal first quarter.

For the fiscal first quarter, adjusted EPS is anticipated between $2.13 and $2.14. The Zacks Consensus Estimate is pegged at $2.03.

Veeva Systems expects revenues for fiscal 2027 between $3,585 million and $3,600 million. The Zacks Consensus Estimate is currently pegged at $3.54 billion.

For fiscal 2027, Subscription revenues are expected to be approximately $3,040 million. This consists of Commercial Solutions’ subscription revenues of around $1,380 million and R&D Solutions’ subscription revenues of approximately $1,660 million.

Professional services and other revenues for fiscal 2027 are expected to be between $545 million and $560 million.

Adjusted EPS for fiscal 2027 is expected to be approximately $8.85. The Zacks Consensus Estimate is pegged at $8.50.

Our Take on Veeva Systems’ Q4 ResultsVeeva Systems exited the fourth quarter of fiscal 2026 with better-than-expected results, wherein both earnings and revenues beat the Zacks Consensus Estimate. The uptick in both top and bottom lines and robust performance by the Subscription services segment during the quarter were impressive. The uptick in Professional services and others’ revenues also bodes well.

Veeva Systems closed fiscal 2026 with strong momentum, delivering fourth-quarter results ahead of expectations marked by deepening partnerships and expansion with both new and existing customers. The company ended the year with a total of 1,552 customers, including 1,196 in Veeva R&D and Quality Solutions and 767 in Veeva Commercial Solutions. Strong customer success and product innovation helped VEEV achieve a $3 billion revenue run rate in early 2025. Looking forward, solid business momentum and continued operational discipline reinforce management’s confidence in achieving the company’s $6 billion revenue run-rate objective by 2030.

During the quarter, VEEV built deeply integrated, industry-specific AI capabilities across its platforms. With core systems of record embedded in critical life sciences workflows, the company believes it is uniquely positioned to deliver high-value AI that combines specialized datasets, sophisticated logic, deep process integration and safeguards while maintaining compliance and strong data integrity. Following the December launch of its first Veeva AI Agents supporting CRM and commercial content, several customers have gone live, while additional projects are underway. Management noted that more AI agents across its key application areas remain on track for release throughout 2026.

Veeva Development Cloud and Quality Cloud secured several top-20 biopharma wins during the quarter, including a major selection of Veeva RTSM as an enterprise standard. Safety momentum continued to gain traction with the sixth top-20 customer win and the first top-20 biopharma going live on Workbench and Signal. Veeva LIMS advanced toward its first top-20 biopharma go-live across two manufacturing sites expected in 2026.

The company continued to expand the adoption of its next-generation Vault CRM. More than 125 customers are now live, including two top-20 biopharmas across major markets, while 10 of the top-20 global biopharma companies have already committed to the platform. Management expects this number to rise by advancing its commercial strategy. Crossix also delivered strong momentum during the year across its Measurement and Audience solutions, further strengthening Veeva Systems’ commercial data and analytics capabilities.

VEEV’s Zacks Rank & Stocks to ConsiderVEEV carries a Zacks Rank #4 (Sell) at present.

Some better-ranked stocks from the broader medical space are Intuitive Surgical (ISRG - Free Report) , AngioDynamics (ANGO - Free Report) and Phibro Animal Health (PAHC - Free Report) .

Intuitive Surgical, currently sporting a Zacks Rank #1 (Strong Buy), reported fourth-quarter 2025 adjusted earnings per share (EPS) of $2.53, beating the Zacks Consensus Estimate by 12.4%. Revenues of $2.87 billion surpassed the Zacks Consensus Estimate by 4.7%. You can see the complete list of today’s Zacks #1 Rank stocks here.

ISRG has an estimated long-term earnings growth rate of 15.7% compared with the industry’s 14% rise. The company beat earnings estimates in the trailing four quarters, the average surprise being 13.2%.

AngioDynamics, sporting a Zacks Rank #1 at present, reported breakeven adjusted EPS for second-quarter fiscal 2026, surpassing the Zacks Consensus Estimate by 100%. Revenues of $79.4 million topped the Zacks Consensus Estimate by 4.5%.

ANGO has an estimated earnings growth rate of 59.3% for 2027 compared with the industry’s 17.1% rise. ANGO’s earnings surpassed estimates in each of the trailing four quarters, with the average surprise being 82.1%.

Phibro Animal Health, currently sporting a Zacks Rank #1, reported second-quarter 2025 adjusted EPS of 87 cents, which surpassed the Zacks Consensus Estimate by 26.1%. Revenues of $373.9 million beat the Zacks Consensus Estimate by 4.7%.

PAHC has an estimated long-term earnings growth rate of 21.5% compared with the industry’s 12.6% rise. The company beat earnings estimates in the trailing four quarters, the average surprise being 20.1%.

NEW YORK, NEW YORK - DECEMBER 08: A view of the interior as Target opens "Target SoHo" - a design-forward shoppable concept store in SoHo, New York on December 08, 2025 in New York City. (Photo by Ilya S. Savenok/Getty Images for Target)

Getty Images for Target

Target just released another dismal earnings report, then leadership took to the stage for its annual Community Meeting to outline plans for a 2026 turnaround. What followed sounded awfully familiar—more promises of change, only this time it’s going to cost more to fix what ails the struggling retailer.

Nonetheless, investors bought into the narrative. Stock prices have climbed over 6% since the beginning of the week, currently trading around $120 per share, up from about $113. Investors are betting that new CEO Michael Fiddelke can spark a revival that his predecessor, Brian Cornell, couldn’t over the past couple of years.

The company expects net sales growth in the 2% range during 2026, with a small increase in comparable sales. Target plans to invest $5 billion in capital —$1 billion more than announced in November— to open 30 new stores and remodel 130+ stores. Over $1 billion of the capital investment will fund food and beverage expansion. It will also reset beauty and baby departments, reinvent home and pivot toward wellness. In addition, $1 billion in operational investment will be directed toward increased store staffing and training, brand marketing, and new technologies, including AI.

On the surface, the plan sounds promising and doable. Fiddelke responded that the company is playing the long game and reiterated the company’s North Star remains knowing exactly who Target is, adding, “We’re gonna come back to knowing who we are in the years to come.”

That last statement leaves a bigger question that the two-hour presentation didn’t answer: How did Target lose sight of its North Star in the first place? And can the new plan—that sounds a lot like the old plan—pull the company out of the hole that it has dug over the last few years?

MORE FOR YOU

GlobalData’s managing director, Neil Saunders, gives Target’s leadership team an A for effort, but stresses that the problems Target faces today are longstanding and little has been done to fix them.

“The hesitation comes not from whether these things are right—after all, they fix many of the things customers have been complaining about for years—it comes from whether Target can execute. Target’s track record has been poor,” he shared.

Fourth Quarter And Year End 2025In opening the fourth quarter and full year fiscal 2025 earnings report, the company congratulated itself for delivering results “in line with company expectations,” which, to be frank, were uninspiring.

Fourth quarter net sales were off 1.5% to $30.5 billion and the year ended on January 31 with sales down 1.7% to $104.8 billion. Operating income for the year dropped 8.1% to $5.1 billion and net earnings declined 9.4% to $4.8 billion.

While the company reported sales picked up in January and in February to start fiscal 2026—“serving as an important milestone on our path back to growth this year,” Fiddelke said in a statement— same-store-sales (SSS) declined 3.9% in fourth quarter, though comparable digital sales ticked up 1.9%, to bring overall comparable sales off by 2.5%.

It was an exceedingly poor showing for the holiday season after the company did so much to bolster sales, including price reductions on 3,000 food, beverage and essential items, activating an AI-powered gift finder and personal shopping assistant, integrating ChatGPT into the Target app and extreme Black Friday and Cyber Monday deals.

“There is no way to sugarcoat it: Target underperformed over the holiday quarter,” Saunders stated. “While expected, this continues a long-established pattern: in a tough trading environment, Target is struggling to show up for customers in a consistent and compelling way. There are too many out of stocks, too little inspiration in ranges, too much muddle and mess in stores.”

Habits Are Hard To BreakThese are going to be hard patterns to break, even with the renewed energy and commitment from Target leadership. One problem is that the people now promising change were in key positions when the bad patterns got started. CEO Feddelke has been with the company for over 20 years and chief merchandising officer Cara Sylvester, chief stores officer Adrienne Costanzo and chief operating officer Lisa Roath for nearly as long.

When Mike Baker, D.A. Davidson analyst, asked the obvious question—“One criticism may be that it’s the same management team. It’s the same faces, new strategies. What happened to all of a sudden realize we need to do something different?”—Feddelke was ready, saying that over half his leadership team is either in a new role or new to Target in the last 18 months.

He also stressed the value of his team’s long tenure and grounding in the corporate culture and said the team has candidly assessed where the company has been and what needs to change to move forward.

However, the challenges Target faces in the current moment didn’t happen overnight. These 20-year veterans were there when the company began its slide. And the leader who oversaw Target’s recent fall from grace, Brian Cornell, sits in the executive chair of the board.

Three-Year LookbackImmediately after the Covid pandemic, Target enjoyed two years of dynamic growth— advancing from $94 billion in 2020 to $106 billion in 2021 and $109 billion in 2022. But then, it started to flounder.

Over the three-year period between 2023 and 2025, net sales dropped 2.4%—not huge by bad enough. Worse, operating income and net earnings declined by about 10%. Diluted earnings per share slipped 9%, from $8.94 to $8.13.

Target net sales, operating income, net earnings 2023-2025

Table by Pamela Danziger from Target earnings reports

And over those three years, it opened nearly 50 new stores—starting fiscal 2023 with 1,948 stores and ending 2025 with 1,995. This challenges the assumption that 30 new stores this year will make a significant difference in sales. Seven of the 30 new stores will open this March.

Even more telling was comparable sales performance. Annual comparable sales slipped 4% in 2023, was basically flat in 2024 and dropped nearly 3% in 2025. Here’s a quarter-by-quarter replay.

Target quarterly net sales and comp sales change 2023-2025

Table by Pamela Danziger from Target earnings reports

Target MisstepsTarget’s missteps played a major role in its fall from 2023 to 2025. In 2023, its June Pride Month display caused outrage among more conservative customers, and when the company pulled Pride merchandise from some stores, it triggered a backlash from the other side.

Target managed to make amends with both constituencies in 2024, but it was the calm before the storm. In early 2025, the company’s decision to roll back its DEI program reignited customer anger, prompting widespread calls for boycotts and frustration among many Target employees who felt the decision was not aligned with corporate values.

Even after a year, concerns about the DEI decision persist. Reuters reported that a group of 27 investors just asked the company to reconsider the change.

“We are concerned that a series of recent public-facing decisions and communications by the company may have introduced reputational, operational and financial risks at a moment when Target is already navigating a challenging competitive and macroeconomic environment,” they wrote in a letter to the board and executive leadership.

Target did not address the DEI issue in its latest Community Meeting. However, Feddelke talked to the company’s philanthropic efforts, including a $1 million donation to its Bullseye Builds community project, one million staff volunteer hours devoted to local communities and its longstanding commitment to give 5% of profits to communities through products, cash and the Target Foundation.

Turning The PageFiddelke presented Target’s turnaround as a “new chapter of growth,” defined by four priorities for growth:

Merchandising authority through trendsetting, culturally relevant assortments that lead in style, design and value.Elevated guest experience across digital discovery and in-store experiences.Accelerated technology for greater efficiency, speed and more personalized customer engagement.Stronger teams and communities through investments in staff training, career growth and ongoing philanthropic efforts.There’s nothing to argue with in that plan—it’s all retail 101 and core to Target’s brand identity. The issue is whether the company has finally turned the page.

“We’ve heard some of this before so I’m skeptical whether this is going to be effective,” observed retail analyst Warren Shoulberg.

“The crazy part is that Wall Street has bought into these promises that things are going to get better when they’ve been saying it for the last eight quarters. Even with a new guy in there, I think Wall Street needs to be far more skeptical of whether this is actually going to work,” he concluded.

See also:

ForbesHow Target Will Restore Its ‘Tarzhay’ Image And Grow Sales By $15 Billion By 2030By Pamela N. DanzigerForbesTarget Withstood DEI Boycotts To Show Signs Of Reputation RecoveryBy Pamela N. DanzigerForbesAre Target Boycotts Starting To Take Their Toll?By Pamela N. Danziger

Mantle’s ecosystem stablecoin has added roughly 375 million dollars in market value over the past month, climbing from about 494 million to nearly 870 million and cementing the network’s push to become a full‑stack on‑chain liquidity and banking layer built around ETH staking and restaking primitives.

Summary

Stablecoin market cap jumps 75% in 30 days, approaching 870 million dollars as Mantle’s liquidity products gain traction across DeFi. Growth rides on Mantle’s mETH staking and cmETH restaking stack, which channels yield and demand back into the broader ecosystem. Mantle’s deep treasury and “fortress” balance sheet reinforce confidence in its stablecoin and DeFi rails despite wider market volatility.
Mantle’s stablecoin engine is firing on all cylinders. Over the past 30 days, the total market value of the Mantle ecosystem stablecoin has risen from roughly 494 million dollars to around 870 million, a gain of more than 75% that sharply outperforms the broader market and highlights the chain’s emerging role as an on‑chain liquidity hub.

The move comes as Mantle doubles down on an integrated strategy: pair an Ethereum Layer 2 with native liquid staking and restaking, then plug that liquidity into DeFi. At the base layer sits mETH, Mantle’s liquid staking token for Ethereum, which has already attracted more than 1 billion dollars in total value locked by letting users earn staking rewards while keeping their assets liquid. On top of that, cmETH extends those positions into restaking, unlocking additional yield and incentives without forcing users to unwind core ETH exposure.

This composable stack is now bleeding directly into stablecoin demand. As traders and protocols seek dollar liquidity backed by yield‑bearing collateral, Mantle’s stablecoin becomes a natural settlement and liquidity layer inside the ecosystem, tightening the feedback loop between ETH staking flows, DeFi usage and dollar‑denominated volume. Campaigns such as “Methamorphosis” and ecosystem incentive seasons have further accelerated user onboarding and capital rotation into Mantle’s products.

Underpinning the growth is a balance sheet that rivals mid‑tier centralized players. Mantle controls a multi‑billion‑dollar treasury, including more than 270,000 ETH, giving the DAO ample capacity to backstop liquidity, co‑invest in protocols and defend key pegs or markets when needed. Research firms have already labeled Mantle a “fortress” protocol for its ability to withstand severe price shocks in its native token while maintaining solvency. If current growth persists, Mantle’s stablecoin could become one of the core dollar rails for restaking‑centric DeFi over the coming cycle.

A prominent whale wallet sold 650 Ethereum [ETH] worth $1.4 million and redirected the capital into Aster [ASTER] purchases, raising attention across the market. 

On-chain tracking shows the address swapped the funds into 1.88 million ASTER worth roughly $1.4 million, indicating a deliberate capital rotation rather than random trading activity. This move follows a sequence of transfers recorded on-chain within the same timeframe. 

As a result, the whale now controls 4.45 million ASTER valued at nearly $3.18 million, placing the address among notable holders. Such repositioning often reflects shifting conviction between assets. 

In this case, the whale reduced exposure to ETH while expanding ASTER holdings significantly. As a result, the transaction introduces a strong accumulation narrative.

Inverse pattern forms near the key neckline At press time, ASTER was trading near $0.72, with the daily chart showing a developing inverse head‑and‑shoulders pattern in its price structure.

The left shoulder formed near $0.68, followed by a deeper decline toward $0.50, which established the head. Soon after, the price recovered and formed the right shoulder near $0.68, reinforcing the structure. 

Notably, ASTER traded just beneath the neckline resistance between $0.72 and $0.80. This region has repeatedly rejected upside attempts. 

However, price stabilization within this zone suggests growing buying pressure. Support levels remain clearly defined at $0.68 and $0.60, which previously halted declines. 

Since this pattern typically signals reversal conditions, traders now focus on the neckline zone. A sustained push above $0.80 could strengthen the broader recovery narrative.

Source: TradingView

Momentum indicators now reveal improving buyer activity after months of pressure. The Relative Strength Index sat near 56.85, while its Moving Average tracked close to 54.93. 

This shift places RSI above the neutral 50 threshold, which often signals strengthening market participation. Earlier in the downtrend, the indicator repeatedly struggled below the midline. 

However, recent recovery shows improving demand as ASTER stabilizes near resistance. In addition, the RSI trend now slopes upward, which reflects strengthening market conviction. 

Buyers appear increasingly willing to defend higher price zones. As a result, the indicator supports the developing reversal structure visible on the price chart. 

ASTER exchange flows hint at accumulation shifts Spot exchange activity now reveals shifting supply dynamics surrounding ASTER. Historical data shows several periods of large negative netflows, which indicate tokens leaving exchanges. 

Such outflows often suggest accumulation as investors move assets into private wallets. Notably, the latest reading shows a netflow near -$300.81K, which reflects a relatively balanced short-term environment. 

Selling pressure, therefore, appears limited at the moment. At the same time, the absence of large inflows reduces immediate distribution risk. 

Combined with the whale accumulation observed earlier, these flows support the idea that some investors continue positioning quietly. 

Source: CoinGlass

Derivatives traders lean strongly long on ASTER Derivatives positioning as of writing revealed a strong bullish tilt among experienced traders. Data from Binance showed 62.96% of accounts were positioned long, while 37.04% remained short.

This distribution produced a 1.70 Long/Short Ratio, indicating that bullish bets dominate. The ratio has gradually recovered after a brief drop earlier in the week. 

As a result, sentiment among top traders increasingly favors upside positioning. When professional traders maintain long exposure during consolidation, markets often anticipate volatility expansion. 

However, traders also monitor leverage concentration closely because aggressive positioning can amplify liquidations. 

Even so, the current bias clearly favors buyers. Combined with whale accumulation and improving technical structure, derivatives sentiment now aligns with the broader recovery narrative surrounding ASTER.

Source: CoinGlass

Conclusively, ASTER now sits at a critical inflection point as whale accumulation, improving technical structure, and bullish derivatives positioning converge simultaneously.

 The developing inverse head and shoulders pattern places $0.80 resistance at the center of attention.

If buyers sustain pressure above this zone, ASTER could extend recovery toward higher resistance levels. 

However, failure to break the neckline may prolong consolidation near $0.72. Traders, therefore, watch whether demand continues strengthening around current levels.

Final Summary Whale capital rotation into ASTER suggests growing conviction as traders quietly reposition ahead of potential structural breakout opportunities. Technical structure now aligns with improving sentiment, placing ASTER near a pivotal zone where demand could accelerate rapidly.