Commitment issues? We get it 😎BYUSDT keeps things flexible.No lock-ups. Earn yield and use it as margin anytime.Swap to $BYUSDT now: https://t.co/Xks1ovrYvZ https://t.co/UpRpfRiUtw ...

Why pick between yield and margin? 💸Get the best of both worlds.Swap to BYUSDT today: https://t.co/vm4xqhF3Df https://t.co/f1UXHteYxp ...

circle paid coinbase $448m in Q4 on $770m revenue. that's 58% to one distribution partner. the arrangement gives coinbase 100% of USDC interest on platform plus 50% of reserve income everywhere else. CRCL trades at 7.3x P/S with 77% revenue growth but the margin profile belongs to coinbase. every dollar of USDC growth creates proportional revenue share obligations. volume wins but margin loses. ...

Core Insights - Carter's, Inc. (CRI) reported fourth-quarter 2025 results with both top and bottom lines exceeding Zacks Consensus Estimates, although earnings declined year-over-year while sales increased [1][3][10] Financial Performance - Adjusted earnings per share (EPS) for the fourth quarter were $1.90, surpassing the Zacks Consensus Estimate of $1.70, but down 20.5% from $2.39 in the prior-year quarter [1][3] - Consolidated net sales reached $925.5 million, exceeding the Zacks Consensus Estimate of $916 million, marking a 7.6% year-over-year increase, driven by growth in U.S. Retail, International, and U.S. Wholesale segments [2][10] - The U.S. Retail segment sales increased 9.4% year-over-year to $509.8 million, while the U.S. Wholesale segment saw a 3.4% increase to $274.4 million, and the International segment recorded a 10.2% rise to $141.2 million [4][5] Margin and Cost Analysis - Gross profit fell 2.6% year-over-year to $400.2 million, with gross margin contracting 460 basis points to 43.2% from 47.8% in the fourth quarter of 2024 [6] - Adjusted operating income decreased 22.2% to $89.5 million, with the adjusted operating margin down 370 basis points to 9.7% due to elevated tariff costs and increased performance-based compensation [6][15] - Adjusted selling, general and administrative (SG&A) expenses rose 4.8% year-over-year to $314.8 million, but as a percentage of net sales, SG&A expenses decreased 90 basis points to 34% [7] Financial Position - At the end of fiscal 2025, Carter's had cash and cash equivalents of $487.1 million, net long-term debt of $567.2 million, and shareholders' equity of $925 million [8] - The company ended 2025 with total liquidity of $1.2 billion, including $744 million in available borrowing capacity under its secured asset-based revolving credit facility [11] Dividend and Shareholder Returns - In the fourth quarter of 2025, Carter's paid a cash dividend of 25 cents per share, totaling $9.1 million, with total cash dividends for the year amounting to $56.4 million [9] Future Outlook - For 2026, Carter's projects net sales growth in the low single-digit to mid-single-digit percentage range compared to $2.898 billion in 2025, with adjusted EPS expected to decline in the low double-digit to mid-teens from $3.47 reported in fiscal 2025 [14][16] - The company anticipates net sales growth in the mid-single-digit percentage for the first quarter of 2026, with adjusted operating income projected between $12 million and $15 million, significantly down from $35 million in Q1 2025 [16]

Markets can fall 20% and recover. Margin can end your investing career in a day. ...

RT Breakout (@breakoutprop)$2 billion in liquidations in 24 hours.Here's what actually happens mechanically when that occurs:A liquidation is a forced market order.The exchange closes your position because you can't meet margin.You don't choose the price. You don't choose the timing. You're a market order now.That forced selling hits the order book. But during a crash, the book is thin. Market makers pull quotes to avoid taking on inventory they can't manage.So those forced market orders are eating through ...

Never been a better time to be a writer.DeepBook Protocol on Sui (@DeepBookonSui):Margin just launched, and it’s a core part of how serious DeFi gets built on Sui.If you understand:• why margin matters• why DeepBook isn’t “just liquidity”• how the Sui stack is evolvingThis competition is for you.🧵👇 https://t.co/IYgdw0vRIx ...

Market Overview - The Bitcoin market experienced a significant downturn, with Bitcoin dropping to $81,000, leading to a rapid liquidation of over $1.68 billion in leveraged positions in a single day [1][2] - Approximately 267,000 accounts were liquidated, with long positions constituting about 93% of the losses, indicating a concentrated risk across trading venues [2][3] Liquidation Dynamics - The liquidation event was primarily driven by leverage snapping under its own weight rather than panic selling, with Bitcoin absorbing around $780 million of the losses and Ethereum about $414 million [2] - Major exchanges like Hyperliquid, Bybit, and Binance saw significant forced closures, with Hyperliquid leading at approximately $598 million in liquidations [3] Market Sentiment and Future Outlook - There is growing concern that potential new buyers may no longer afford Bitcoin, as some demographics, particularly Gen Alpha, view holding Bitcoin as a status symbol [2] - The total crypto open interest fell sharply alongside the selloff, indicating that leverage was flushed out of the market rather than rotated, with funding rates having been persistently positive before the drop [4] Impact on Related Companies - The crash had immediate repercussions for companies linked to Bitcoin, with firms like MicroStrategy and Bitmine Immersion Technologies seeing stock drops of nearly 10% [5] - MicroStrategy's stock is currently valued lower than its net asset value, which is approximately $73.62 billion, suggesting potential for recovery if the company avoids liquidation [6]

Core Insights - Tetra Tech, Inc. (TTEK) reported adjusted earnings of 35 cents per share for Q1 fiscal 2026, exceeding the Zacks Consensus Estimate of 31 cents and management's guidance of 30-33 cents, while matching the year-ago figure [1][9] Revenue & Segmental Performance - Tetra Tech generated revenues of $1.21 billion, a year-over-year decrease of 14.8%, but surpassed management's guidance of $950 million-$1.0 billion and the Zacks Consensus Estimate of $973 million [2] - Adjusted net revenues were $1.04 billion, down 13.4% year over year [2] - The backlog at the end of Q1 was $3.95 billion, down 27.3% year over year [3] - Revenues from U.S. Federal customers increased by 7% year over year, while U.S. Commercial sales decreased by 3% [4] - U.S. State and Local sales rose by 10% year over year, and International sales increased by 13% year over year [5] - Government Services Group segment revenues were $432.1 million, down 33.2% year over year, while Commercial/International Services Group segment revenues were $605.1 million, up 10% year over year [5] Margin Profile - Subcontractor costs totaled $173.5 million, down 22.3% year over year, while other adjusted costs of revenues were $816.8 million, down 16.3% [6] - Adjusted operating income decreased by 2.7% year over year to $133.5 million, with an adjusted margin increase of 140 basis points to 12.9% [7] Balance Sheet and Cash Flow - Cash and cash equivalents at the end of Q1 were $269.4 million, up from $167.5 million at the end of fiscal 2025, while long-term debt increased to $834.3 million from $763.4 million [8] - Net cash generated from operating activities was $72.3 million, compared to $13.1 million in the prior year [10] Shareholder-Friendly Policies - Tetra Tech distributed dividends totaling $16.9 million in Q1 fiscal 2026, an increase from $15.5 million in the previous year, and repurchased shares worth $50 million, up from $25 million [11] Fiscal 2026 Outlook - For fiscal 2026, Tetra Tech anticipates net revenues in the range of $4.15-$4.30 billion, higher than the previous projection of $4.05-$4.25 billion, but lower than the $4.62 billion reported in fiscal 2025 [12] - Adjusted earnings are projected to be $1.46-$1.56 per share, compared to the previous guidance of $1.40-$1.55 [12] - For Q2 fiscal 2026, management estimates net revenues of $975 million-$1.025 billion and adjusted earnings of 30-33 cents per share [13]

Core Insights - The company reported a solid Q3 performance with total Annual Recurring Revenue (ARR) in positive territory, exceeding expectations [1] - There was notable improvement in margins, strong free cash flow, and earnings per share, indicating a positive fundamental outlook [1] - Despite the strong fundamentals, the stock reaction was not as expected, raising questions about the valuation prior to the quarter [1]