Eni has confirmed a significant offshore oil discovery in Angola’s Block 15/06, with preliminary estimates pointing to around 500 million barrels of oil in place, strengthening the country’s upstream outlook and underscoring the value of infrastructure-led exploration. The discovery was made in the Algaita-01 exploration well, located roughly 18 kilometers from the Olombendo FPSO. Drilled in 667 meters of water by the Saipem 12000 drillship, the well encountered oil-bearing sandstones across multiple Uppe ...

Core Viewpoint - Coinbase CEO Brian Armstrong has sold $545.7 million worth of stock over nine months, indicating a significant liquidation of his holdings without any purchases during this period [1]. Group 1: Armstrong's Selling Activity - Armstrong liquidated over 1.5 million shares between April 2025 and January 2026, with the largest single-day sale occurring on June 25, 2025, when he sold 336,265 shares at $355.37 each [2]. - The most recent sale on January 5 involved 40,000 shares sold at $254.92, netting approximately $101.6 million [2]. Group 2: Armstrong's Net Worth and Other Investors - Armstrong's net worth has dropped over $10 billion from a peak of $17.7 billion in July 2025, with his remaining fortune of $7.5 billion tied to a 14% stake in Coinbase [3]. - Other significant investors, such as Cathie Wood's Ark Invest, have also been selling Coinbase shares, liquidating $17.4 million on February 5 while investing $17.8 million into a competing digital asset exchange [3]. Group 3: Analyst Ratings and Market Sentiment - Goldman Sachs upgraded Coinbase (COIN) to a "buy" rating on January 5, setting a price target of $303, citing non-trading revenue growth as a buffer against market cycles [4]. - Conversely, JPMorgan reduced its price target by 27%, attributing this to lower trading volumes, softness in crypto prices, and decelerating stablecoin growth [4]. Group 4: Price Movement and Technical Analysis - COIN closed 6% down after breaking critical support at the $230-$240 level, which had previously held multiple times [7]. - The current technical indicators suggest bearish momentum, with a Supertrend at $189.46 and a Parabolic SAR at $168.59 confirming downside pressure [9]. - For recovery, COIN needs to reclaim the $168-$170 range and work towards the $190 Supertrend level, with significant resistance at $230-$240 [10].

Core Insights - Palantir Technologies has demonstrated remarkable growth, resembling that of a tech start-up during the current AI boom, despite being established for over 20 years [1] - The company's revenue has consistently increased in double digits, and its stock price has significantly risen, attributed to its ability to help customers effectively utilize AI [2] Financial Performance - Palantir's IPO occurred in 2020, and an investment of $10,000 at that time would now be worth over $142,820, although it has decreased from a peak of over $180,000 [5] - The stock's near-term movements are unpredictable, but long-term potential appears more assessable [6] Business Model and Growth Drivers - Palantir has a strong portfolio of government contracts, which continue to grow in double digits, while also attracting a growing number of commercial customers [7] - The launch of Palantir's Artificial Intelligence Platform (AIP) in 2023 has enhanced its technology and earnings growth, coinciding with an increase in U.S. commercial customers [8]

Core Insights - AppLovin reported strong fourth-quarter growth with a revenue increase of 66% to $1.66 billion, but its stock has dropped over 40% this year [1][2] Financial Performance - Earnings per share (EPS) surged 87% from $1.73 to $3.24, while adjusted EBITDA soared 82% year over year to $1.4 billion [3] - The company generated free cash flow of $1.3 billion in Q4 and $3.95 billion for the full year, reducing net debt from $2.8 billion to $1 billion [4] Operational Efficiency - Gross margin improved to 88.9% from 84.7% a year ago, and operating costs were reduced by 9%, including a 21% decrease in sales and marketing expenses [2][4] Future Outlook - For Q1, AppLovin projected revenue between $1.745 billion and $1.775 billion, indicating growth of 50% to 53%, with adjusted EBITDA forecasted between $1.465 billion and $1.495 billion [5] - The company plans to launch a self-service e-commerce platform and is piloting AI tools to automate the creative process for video ads, presenting potential growth opportunities [9]

Core Viewpoint - AI is significantly disrupting the $450 billion software sector, leading to potential job losses and deflationary pressures in the economy [1][2] Industry Impact - Software companies, once dominant, are now facing existential threats due to AI displacement, which could shrink the software market and contribute to deflation [2] - The inflation outlook indicates that AI is contributing to disinflation, with core CPI projected to drop to 2.52%, aligning with pre-COVID inflation levels [3] Federal Reserve Outlook - The nomination of Kevin Warsh to the Fed is expected to lead to a dovish stance, with potential rate cuts as the economy adjusts to job losses and AI disruptions [4] - Historical Fed funds rates during 2017-2019 were between 1.5%-2.0%, suggesting significant room for rate cuts from current levels [4] Market Dynamics - A major market shift is occurring as investors rotate from the "Magnificent 7" tech giants to companies that provide AI infrastructure, such as energy providers and chip makers [5][6] - This rotation is anticipated to trigger a 10-20% decline in the U.S. market as capital flows out of the tech sector and into industrials and financials [7]

Core Insights - Zcash has shown significant volatility, with investors seeing an 800% increase over the past year, while those who invested a month ago have experienced a nearly 30% decline [1] - The recent weekly rally of 24% indicates that Zcash remains a highly volatile digital asset, particularly within the privacy coin sector [1] Group 1: Investment Performance - Investors in Zcash from a year ago have seen returns exceeding 800%, contrasting sharply with a nearly 30% loss for those who invested in the last month [1] - The recent weekly rally of 24% suggests potential for short-term gains despite the overall volatility [1] Group 2: Long-term Outlook - The Zcash Foundation's 2026 strategy focuses on enhancing developer infrastructure, routine consensus upgrades, and improving user experience to position Zcash as practical digital cash [5] - Strong investor demand for Zcash is driven by its seamless transaction capabilities and privacy features, which are expected to be bolstered by partnerships with major blockchains [6] - Continued capital inflow into the crypto sector could make Zcash an attractive investment opportunity, especially as investors adopt a longer-term perspective [7]

Group 1 - Visa Inc. introduced Visa & Main, a platform aimed at enhancing small business growth in the U.S. by addressing barriers related to digital adoption, customer reach, and capital access [2][3] - The initiative targets undercapitalized entrepreneurs, with 43% of small businesses reporting financing challenges, and includes a $100 million working capital facility in partnership with Lendistry [3][4] - Visa & Main combines funding with digital tools and marketing assistance to help small businesses capitalize on high-traffic events, such as the FIFA World Cup 2026, and promotes the use of fraud prevention and digital payment tools [4][5] Group 2 - Visa Inc. is a global leader in digital payment services, facilitating secure transactions between consumers, merchants, and institutions through its extensive network [5] - The company's strategy focuses on increasing acceptance, transaction volumes, and long-term network engagement by supporting small businesses and enhancing their operational capabilities [3][4]

Group 1 - The financial situation of millennials is characterized by significant challenges, including student debt, housing affordability, and limited wealth-building opportunities [1][3][4] - Wealth gains among millennials are concentrated among those who own homes and financial assets, while renters have seen smaller increases in net worth [3][5] - The rising home prices have outpaced income growth, making homeownership unattainable for many millennials, and those who do buy face higher mortgage payments relative to income [5][6] Group 2 - Despite the struggles of many millennials, a portion of the generation has experienced substantial wealth growth due to rising asset prices and market gains [7][8] - A late-2024 analysis indicates that millennials' total net worth has nearly quadrupled since 2019, driven by increases in housing values and financial assets [8] - Millennials' average net worth growth has outpaced that of Gen X and baby boomers, averaging 12.74% in 2024 [8]

Core Insights - NVIDIA Corporation (NASDAQ:NVDA) is a significant holding for billionaire Clifford Asness, representing 2.62% of his portfolio, valued at $4.09 billion [1] - Analysts are overwhelmingly bullish on NVIDIA, with over 90% expressing positive outlooks and a consensus price target of $250.00, indicating a potential upside of more than 36% [2] - The company is expected to report revenues exceeding its guidance, with UBS forecasting fiscal fourth-quarter revenue of $67.5 billion, approximately $2.5 billion above its guidance [2] - For the first quarter of the next year, NVIDIA is projected to generate $76 billion, surpassing broader expectations of $74 to $75 billion [3] - Analysts from Goldman Sachs also anticipate a strong performance for NVIDIA, expecting a beat-and-raise quarter driven by supply-and-demand dynamics in the industry [4] - NVIDIA shares increased by 7.9% following CEO Jensen Huang's comments on AI capital spending, which he deemed "appropriate" for a seven- to eight-year buildout, highlighting sustained demand for NVIDIA's systems [5] - The company specializes in creating GPUs and compute-networking platforms that support gaming, data centers, AI, and autonomous systems, integrating accelerated computing and high-performance networking [6]

Accounting for 7.27% share ($2.96 billion) in the billionaire’s portfolio, Meta Platforms, Inc. (NASDAQ:META) ranks as Philippe Laffont’s top stock pick. We recently published a list of youngest hedge fund billionaires and their top stock picks. TheFly reported on February 10, 2026, that Meta Platforms, Inc. (NASDAQ:META) is working on an internal prototype for a stand-alone application called “Instants,” which is designed to send disappearing photos, according to Business Insider. Reverse-engineering ex ...