Core Viewpoint - Autodesk reported quarterly earnings of $2.85 per share, exceeding the Zacks Consensus Estimate of $2.63 per share, and showing an increase from $2.29 per share a year ago, representing an earnings surprise of +8.33% [1] Financial Performance - The company achieved revenues of $1.96 billion for the quarter ended January 2026, surpassing the Zacks Consensus Estimate by 2.48%, and up from $1.64 billion year-over-year [2] - Over the last four quarters, Autodesk has consistently surpassed consensus EPS estimates and revenue estimates [2] Stock Performance and Outlook - Autodesk shares have declined approximately 24.1% since the beginning of the year, contrasting with the S&P 500's gain of 1.5% [3] - The company's future stock performance will largely depend on management's commentary during the earnings call and the sustainability of the recent earnings numbers [3][4] Earnings Estimates - The current consensus EPS estimate for the upcoming quarter is $2.57, with expected revenues of $1.84 billion, and for the current fiscal year, the estimate is $11.48 on revenues of $7.92 billion [7] - The trend of estimate revisions for Autodesk was unfavorable prior to the earnings release, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Industry Context - The Internet - Software industry, to which Autodesk belongs, is currently ranked in the top 36% of over 250 Zacks industries, suggesting that stocks in the top half of the Zacks-ranked industries tend to outperform those in the bottom half by more than 2 to 1 [8]

Core Viewpoint - Tether Investments has made a strategic investment in LayerZero Labs, focusing on the technology behind USDt0, a blockchain-agnostic stablecoin that has facilitated over $70 billion in transactions across blockchains in under a year [1][2]. Group 1: Investment Details - Tether's investment in LayerZero Labs aims to enhance interoperability in cryptocurrency transactions, allowing for seamless movement of assets across different blockchains without liquidity issues [2]. - The financial terms of the investment were not disclosed, and Tether has been utilizing the revenue generated from USDT tokens to diversify its investment portfolio [3]. Group 2: LayerZero's Technology - LayerZero's infrastructure supports various applications, including financial tools that utilize stablecoins without being confined to a single blockchain, and innovative use cases like AI agents managing wallets autonomously [2]. - The deployment of USDt0 by Everdawn Labs, built on LayerZero's Omnichain Fungible Token (OFT) standard, represents a practical application of LayerZero's interoperability framework [2]. Group 3: Market Reaction - Following the announcement of Tether's investment, LayerZero's ZRO token initially rose by 10% but subsequently experienced a decline of 3% within 24 hours [4].

Core Insights - Traditional finance (TradFi) is rapidly adopting cryptocurrency, moving beyond mere speculation to practical applications in the financial system [2][5][6] Group 1: Major Announcements - JPMorgan is launching JPM Coin on the Canton Network, expanding its blockchain-based settlement system [6] - Barclays has invested in Ubyx, a startup that enables banks and payment firms to settle transactions using stablecoins [6] - Morgan Stanley has filed with the SEC for an Ethereum Trust (ETH ETF), adding Ethereum exposure alongside Bitcoin and Solana [6] - Wyoming has confirmed the launch of its state-backed stablecoin, FRNT, on Solana, showcasing government involvement in crypto infrastructure [6] Group 2: Market Reactions - Major cryptocurrencies fell by 2-3% on the day, with Bitcoin dropping below $90,000 [5] - ZEC experienced a significant decline of 19% following the resignation of its developer team [5] Group 3: Trends and Implications - The current focus is on stablecoins and their role in transaction settlement rather than speculative use cases [7] - Ethereum and Solana are emerging as institutional infrastructures rather than just platforms for retail trading [7] - TradFi institutions are seeking to enhance their existing systems rather than being replaced by crypto technologies [8]

Core Insights - Rumble has launched its Rumble Wallet, allowing users to tip content creators using cryptocurrencies like bitcoin, tether, and tether gold without traditional payment systems [1][2] - The wallet is non-custodial, meaning users retain control of their funds, and is built using Tether's Wallet Development Kit, marking its first live deployment [2] - Rumble positions itself as a free speech alternative to YouTube, appealing to creators seeking independence from advertising and platform moderation [4] Company Developments - The Rumble Wallet is integrated into the Rumble app, providing creators with an additional income stream beyond advertising revenue or subscriptions [3] - Payments for the wallet will be processed by MoonPay, enhancing the user experience [3] - Rumble's stock (RUM) saw a 3% increase in premarket trading, although it remains 50% lower compared to the previous year [5] Industry Context - Tether's CEO emphasized the wallet as a move towards decentralized tools for internet users, allowing millions to support content creators directly [4] - The partnership with Tether, which has made significant investments in Rumble, underscores the growing intersection of cryptocurrency and content creation platforms [4]

Core Insights - Tether has made an $8 million strategic investment in Speed, a payments infrastructure company that integrates Bitcoin's Lightning Network with stablecoin settlement for real-time money transfers [1][2] - Speed processes over $1.5 billion in annual payment volume and serves approximately 1.2 million users and businesses through its wallet and merchant products [1] - The investment aims to enhance Bitcoin-aligned financial infrastructure and broaden the use of USDT beyond trading [2] Group 1 - Speed's system utilizes the Lightning Network for fast payments while allowing settlement in USDT for users seeking predictable values [2] - Tether's CEO emphasized that Speed demonstrates the capability of Lightning networks to support real commerce when combined with a stable digital dollar [2] - Speed's CEO highlighted the transition of crypto from speculation to practical use, emphasizing the combination of speed from Lightning and universal access from stablecoins [3] Group 2 - Tether has been actively investing its substantial profits across various sectors, including a majority stake in Latin American agricultural firm Adecoagro, a privacy-focused health app, and a stake in video-sharing platform Rumble [3] - The company reported over $10 billion in profit during the first nine months of the year, primarily driven by interest on U.S. Treasury holdings backing USDT [4]

Group 1 - Shares in Juventus rose over 17% after Exor rejected Tether's all-cash offer valued at €2.66 ($3.13) per share, which was approximately 21% higher than the previous closing price [1][2] - Exor's Board of Directors unanimously rejected Tether's unsolicited proposal, reaffirming its intention not to sell any shares of Juventus to third parties, including Tether [2] - Juventus' current market capitalization is around €924 million ($1.08 billion), with shares trading at €2.56 ($3.01) at the close of European markets [2] Group 2 - Juventus last won a Serie A title in the 2019-2020 season, and it is uncertain if Tether will make a new bid after the initial offer was rejected [3] - Tether has been actively investing, participating in an $81 million seed round for an Italian robotics firm and increasing its stake in Rumble to around $679 million [4] - Tether is reportedly seeking to raise around $20 billion at a $500 billion valuation as the stablecoin market continues to grow [4]

YouTube rival Rumble saw its share price spike after Tether disclosed it bought another 1 million shares of RUM last week. https://t.co/lFpDLadeIM ...

Core Insights - Rumble's shares increased by over 14% following Tether's acquisition of 1 million shares valued at approximately $5.75 million [1] - Tether now holds nearly 104.4 million shares in Rumble, valued around $680 million, with RUM trading at $6.51 [2] - Despite recent gains, Rumble's shares have experienced a nearly 50% loss year-to-date [3] Investment Activities - Tether acquired an additional 1,063,670 shares of Rumble last week at prices between $5.38 and $5.46 [1] - Tether's initial investment last year was $775 million for over 103 million shares at $7.50 each, with RUM spiking to $10.57 at that time [2] - Tether agreed to back Rumble's acquisition of Northern Data and plans to purchase $150 million worth of GPUs from Rumble [4] Strategic Partnerships - Rumble and Tether are collaborating to introduce a crypto tipping feature for creators, allowing tips in Bitcoin and USDT [4] - Rumble has established a Bitcoin reserve, holding 210.82 BTC valued at around $18.5 million as of the end of Q3 [5] - The partnership aims to enhance content creator tools and increase the usage of Tether's crypto wallet through a $100 million advertising investment [4]

Core Insights - Class Action Attorney Juan Monteverde and his firm, Monteverde & Associates PC, are investigating several mergers involving companies such as NuVista Energy Ltd., Northern Data AG, TreeHouse Foods, Inc., and Cidara Therapeutics, Inc. [1] Company Summaries - **NuVista Energy Ltd.**: Under the proposed merger with Ovintiv Inc., NuVista shareholders can choose to receive either C$18.00 in cash per share, 0.344 shares of Ovintiv common stock, or a combination of both, resulting in a fully prorated option of C$9.00 in cash plus 0.172 shares of Ovintiv [1] - **Northern Data AG**: In its sale to Rumble Inc., Northern Data shareholders will receive 2.0281 shares of Rumble common stock for each share of Northern Data [1] - **TreeHouse Foods, Inc.**: Shareholders will receive $22.50 in cash per share along with a contingent value right as part of its sale to Industrial F&B Investments III Inc. [1] - **Cidara Therapeutics, Inc.**: Shareholders will receive $221.50 per share in cash in the transaction with Merck Sharp & Dohme LLC [1]

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