Q2 Q2 Holdings, Inc. Investor Presentation February 2026 Ω2 Safe Harbor Statement This presentation and the accompanying oral presentation contain forward-looking statements and information that are based on our management's beliefs and assumptions and our manacement. The satements and information cortained in this presentation that are not purel historical are corward-looking statements within the meaning of the Private Section 21A di the Seourities Act of 1933, as amerched, and Section 21E of the Securiti ...

Investment Strategy - The investment strategy focuses on bullish positions in 4-5 industries, particularly in IT (hardware and software) [1] - The approach is termed "Fundamental Options," combining fundamental analysis with options trading [1] - Various investment strategies are employed, including income-oriented investments in BDCs and utilities, growth at a reasonable price in tech, deep value based on discounted cash flow, and dividend aristocrats [1] Options Trading - The company utilizes 20-25 different options strategies for purposes such as hedging stocks, bullish substitutes, neutral trades, trading volatility, and earnings-related trades [1] Teaching and Education - There is a passion for teaching, with experience in formal and informal education, including authoring a free local investing newsletter [1]

With a slew of marquee sporting events lined up for the year, Robinhood Markets Inc. (NASDAQ:HOOD) CEO Vlad Tenev voiced optimism on Tuesday about the firm’s prediction markets business.A Big Year For Sports-Based Prediction Market?During Robinhood’s fourth-quarter earnings call, Tenev revealed that NBA contracts had surpassed the NFL in trading activity on the company’s prediction market platform, despite industry-wide concerns that the end of the 2025 football season would drag down trading activity.With ...

Core Insights - Upstart Holdings, Inc. reported a revenue of $296.09 million for the quarter ended December 2025, reflecting a year-over-year increase of 35.2% [1] - The earnings per share (EPS) for the quarter was $0.46, up from $0.26 in the same quarter last year, although it fell short of the consensus estimate of $0.47 by 1.6% [1] - The revenue exceeded the Zacks Consensus Estimate of $288.47 million, resulting in a positive surprise of 2.64% [1] Financial Performance Metrics - Transaction volume reached $3.2 million, surpassing the average estimate of $2.96 million from three analysts [4] - Revenue from fees, net, was reported at $265.22 million, exceeding the four-analyst average estimate of $262.3 million, marking a year-over-year increase of 33.1% [4] - Total interest income, interest expense, and fair value adjustments, net, amounted to $30.87 million, compared to the average estimate of $26.07 million from four analysts [4] - Revenue from servicing and other fees, net, was $42.94 million, slightly below the two-analyst average estimate of $45.08 million, with a year-over-year change of 28.1% [4] - Revenue from platform and referral fees, net, was reported at $222.28 million, exceeding the average estimate of $217.23 million from two analysts, representing a year-over-year increase of 34.1% [4] Stock Performance - Over the past month, Upstart's shares have returned -14.1%, while the Zacks S&P 500 composite remained unchanged [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]

Core Insights - Upstart Holdings, Inc. reported strong fourth-quarter earnings, surpassing both revenue and earnings estimates, leading to a rise in stock price [1][2]. Financial Performance - Quarterly earnings were reported at 17 cents per share, exceeding the analyst consensus estimate of 15 cents by 11.84% [2]. - Quarterly revenue reached $296.09 million, beating the Street estimate of $288.67 million and showing a significant increase from $218.964 million in the same period last year [2]. Growth Metrics - In 2025, Upstart achieved a remarkable 86% growth in originations and a 64% increase in revenues, while only increasing headcount by 18% [2]. - The company highlighted that auto and home originations grew fivefold in 2025, with further acceleration noted in Q4 [3]. Future Outlook - For fiscal 2026, Upstart anticipates revenue of $1.4 billion, which is above the analyst estimate of $1.27 billion [3]. - Following the earnings report, Upstart's stock price increased by 1.90%, reaching $39.73 in extended trading [3].

Let’s face it, throughout human history, people have had opinions. But it took until this decade for them to be treated like a formal financial exchange. Now it’s here, and as it appears, it is well on the way to replacing traditional polling, among other inefficient methods of gauging risk. They rely on the proverbial “wisdom of crowds,” for “bettor” or worse.Now, this new industry is solving the problem that traditional polling and pundits couldn’t. Prediction markets give us “skin in the game.”It dawned ...

What happened According to an SEC filing dated Feb. 10, 2026, Robertson Opportunity Capital, LLC disclosed a new stake in MarketAxess (NASDAQ:MKTX), reporting the purchase of 28,830 shares. The estimated transaction value was approximately $5.23 million, calculated using the average quarterly closing price. The quarter-end value of the position increased by $5.23 million, reflecting the new purchase. What else to know This was a new position, representing 1.9% of the fund’s 13F reportable assets under m ...

Fiserv (NASDAQ: FISV) reported fourth quarter 2025 financial results this morning, and while the company's chief financial officer, Paul Todd, stated that the company's "fourth quarter results and 2026 guidance are in line with what we outlined in October," investors are, nonetheless, celebrating the performance -- one that exceeded analysts' expectations. As of 1:56 p.m. ET, shares of the financial technology company are up 5%. Where to invest $1,000 right now? Our analyst team just revealed what they bel ...

Core Insights - Fiserv is focusing on artificial intelligence to enhance its relevance with banks and merchants while managing costs [1][2] - The company is undergoing a strategic review to address an earnings slump, which includes simplifying its business operations [1] Earnings Performance - For Q4, Fiserv reported adjusted earnings per share (EPS) of $1.99, a decrease of 21% from Q4 2024, while full-year EPS for 2025 was $8.64, down 2% from 2024 [3] - Adjusted revenue for Q4 was $4.90 billion, unchanged from the previous year, and full-year adjusted revenue was $19.80 billion, reflecting a 4% increase from 2024 [3] Future Projections - Fiserv anticipates organic revenue growth of 1% to 3% for 2026, with projected EPS ranging from $8.00 to $8.30 [4] - The company's performance is expected to be below expectations in the first half of 2026, with improvements anticipated later in the year [6] Strategic Changes - Following a significant earnings miss in Q3, Fiserv initiated a restructuring plan called One Fiserv, which included leadership changes [5] - The company is particularly focused on developing agentic AI tools for small to mid-sized businesses, addressing the challenges these organizations face in adopting new technologies [2][7]

The company reported adjusted quarterly revenue of $4.90 billion, missing the analyst consensus estimate of $4.96 billion. • Fiserv shares are powering higher. Why is FISV stock up today?Adjusted revenue remained flat year-over-year.  The quarterly GAAP revenue rose 1% Y/Y to $5.28 billion.The financial technology and services provider's adjusted EPS of $1.99 beat the analyst consensus estimate of $1.90. The quarterly adjusted EPS decreased by 21% over the same period last year. Growth was 2% in the Merchan ...