IQM指出，截至目前其已向13家客户售出21套其独家研发的量子计算系统，其中包括全球前十大超级计 算中心中的4家。该公司补充称，其在2025年实现了最前沿量子计算技术带来的至少3500万美元的未经 审计营收，并且截至2025日历年末，其在手量子计算业务订单/营收可见度超过1亿美元。 IQM联合创始人兼首席执行官扬·格茨(Jan Goetz)表示："量子计算不再只是科学研究项目。它已经成为 一个早期产业——客户们拥有、运营并在先进量子计算机之上进行项目构建。这正是IQM所能实现 的。" IQM与Real Asset的董事会均已批准拟议的业务合并。 IQM是总部位于欧洲的量子计算核心参与者之一。其他欧洲量子计算领军者方面，CNBC报道称，总部 位于英国的Quantinuum去年通过两轮融资筹集了8亿美元;总部位于西班牙的Multiverse Computing去年在 B轮融资中筹集了1.89亿欧元。IQM核心业务聚焦于超导路线的量子计算硬件/系统(某种程度上的"量子 计算全栈")，该公司打造的量子处理器(QPU)基于超导电路，并把整机交付为可在本地部署的量子计算 机(面向HPC中心等)，同时也支持云端高速访问。 ...

Jonathan Ferro, Lisa Abramowicz and Annmarie Hordern speak daily with leaders and decision makers from Wall Street to Washington and beyond. No other program better positions investors and executives for the trading day. Chapters: 00:00:00 - Bloomberg Surveillance starts 00:04:17 - George Goncalves, MUFG 00:17:08 - Steven Cook, Council on Foreign Relations 00:29:58 - George Pollack, Signum Global Advisors 00:40:37 - Jon Hill, Barclays 00:52:15 - Greg Boutle, BNP Paribas 01:06:04 - Kate Kalutkiewicz, Fmr. Wh ...

Popular investor Cathie Wood sold shares of software company Unity Software (U). Wood’s investment machine, Ark Invest (ARKK), shed over 486,000 shares of Unity’s stock, most likely to reduce exposure to the software industry. Additionally, Ark Invest has expanded its exposure to crypto-linked platforms, fintech, and gene editing. The software industry is facing growing concerns about artificial intelligence (AI) replacing software use. The market faced renewed concerns after AI firm Anthropic released n ...

Core Viewpoint - The software sector is experiencing significant turmoil, referred to as "SaaSapocalypse," driven by fears of AI automation impacting enterprise applications, leading to a sector-wide selloff [1] Group 1: Market Performance - The iShares Expanded Tech-Software Sector ETF (IGV) has declined by 21.69% year-to-date [1] - Salesforce (CRM) stock has decreased by 28.38% in 2026 [1] - Over the past 52 weeks, CRM stock has fallen by 42.48%, and in the last three months, it has dropped by 21.09% [6] - The IGV ETF is down 22.41% over 52 weeks and 22.53% in the past three months [6] Group 2: Company Developments - Salesforce secured a $5.6 billion contract with the U.S. Army, enhancing its enterprise credibility [3] - The company delivered a quarterly report that exceeded earnings expectations, indicating operational momentum despite sector challenges [3] - Salesforce is set to release its fourth-quarter and full-year fiscal 2026 results on February 25, with expectations to assess its ability to maintain momentum [4] Group 3: Analyst Perspectives - Analysts like Dan Ives from Wedbush Securities suggest that the threat from AI is overstated and that established platforms like Salesforce are adaptable [2]

Core Viewpoint - ServiceNow has experienced a significant decline of nearly 50% in its stock price over the past 12 months, raising concerns about its business strategy and the impact of emerging AI platforms on its core services [1][3]. Company Overview - ServiceNow, based in Santa Clara, California, specializes in cloud computing services aimed at automating workflows and enhancing enterprise AI operations. The platform connects various departments, automates routine tasks, and streamlines operations while integrating AI to improve efficiency and decision-making [4]. Recent Developments - Wedbush Securities has reinstated ServiceNow to its IVES AI 30 Index, indicating renewed confidence in the company despite its recent struggles. Analysts at Wedbush argue that ServiceNow is not a "structural loser" in the AI landscape, suggesting that AI will serve as a tailwind for its existing implementations [2][3]. - The company has shifted its growth strategy from organic growth to acquisitions, including the $7.75 billion purchase of cybersecurity firm Armis and the $2.85 billion acquisition of AI company Moveworks [5]. Market Context - The release of Anthropic's Claude AI assistant, which competes directly with ServiceNow's offerings, has contributed to the company's stock decline, including a 29% drop in the last month, while the S&P 500 has remained relatively stable [6].

Core Insights - Wedbush Securities continues to support CME Group's prediction markets, achieving significant clearing volumes during Super Bowl LX weekend [1][2] - The firm cleared tens of millions of prediction market contracts across 350+ products, enhancing client access and engagement [2][3] - Wedbush emphasizes its commitment to technology and infrastructure to facilitate seamless operations across various asset classes and exchanges [3] Company Overview - Wedbush Securities, founded in 1955, is the largest subsidiary of Wedbush Financial Services, providing a range of financial services including brokerage, clearing, and investment banking [4] - The firm is headquartered in Pasadena, California, with nearly 900 employees and focuses on client service, financial safety, and innovation [4]

Table of Contents As filed with the Securities and Exchange Commission on February 10, 2026 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 3 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Clear Street Group Inc. (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of Incorporation or Organization) Delaware 6211 86-2376416 (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Number) ...

Dan Ives of Wedbush Securities says he's never seen a structural software stock selloff like this in 25 years, but he's still bullish on tech stocks. He speaks on "Bloomberg The Close." -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect wit ...

Core Viewpoint - Uber is expected to report strong earnings with an adjusted EPS of 79 cents and revenue exceeding $14 billion, reflecting a 20% growth in topline and 17% EBITDA margins [1][2][3] Financial Performance - Analysts anticipate Uber's revenue growth to be around 20% with EBITDA margins at 17% [2][3] - The stock has seen a 16% increase over the past 12 months, although it is currently trading lower by about 3% ahead of earnings [1][2] Competitive Landscape - The emergence of autonomous vehicles, particularly from competitors like Waymo and Tesla, poses significant challenges to Uber's business model [3][4][5] - The industry is expected to shift from a fragmented supply base to a more concentrated one, which could negatively impact Uber's take rate [5][6] Market Position - Uber is better positioned than Lyft due to its global presence and diversified revenue streams, with 50% of gross bookings coming from its delivery business [10][11] - Lyft is primarily a US-based business and is more exposed to the risks associated with the ride-sharing market [10][11] Investment Outlook - The current neutral rating on Uber reflects concerns about long-term impacts from competition and market concentration, with a price target set at $78 [6][7] - Short-term dynamics remain positive as long as economic conditions are favorable, but there are concerns about terminal value risks [8][9]

Core Viewpoint - Netflix shares have experienced a significant decline of 22.66% over the past three months, with even a strong fourth-quarter earnings report failing to improve investor sentiment [1] Financial Performance and Outlook - Concerns regarding management's expense outlook have contributed to the stock's weakness, as Netflix has indicated a modestly faster growth in expenses this year compared to last year, raising profitability concerns [2] - Despite the current challenges, Wedbush Securities argues that the selloff is due to inflated expectations rather than deteriorating fundamentals, suggesting that the high benchmark for success has led to perceptions of underperformance [3] Advertising Revenue Potential - Wedbush believes that the market is undervaluing Netflix's long-term advertising opportunity, viewing global advertising as a significant growth engine still in its early stages [4] - The firm projects that ad revenue could at least double to $3 billion by 2026, with further growth potential extending into 2027 and beyond, especially if Netflix successfully completes its pending deal with Warner Bros. Discovery [4] Company Overview - Netflix, headquartered in Los Gatos, California, has transformed from a DVD rental service to the leading streaming platform globally since its shift to video on demand in 2007 [6] - The company currently has a market capitalization of approximately $364.9 billion and serves around 325 million paid subscribers, continuing to disrupt traditional media models through its extensive content acquisition and production [7]