Economic Data - US stock index futures rose modestly following a stronger-than-expected labor market report, with payroll growth of 130,000 and a decline in the unemployment rate to 4.3% from 4.4% [1][1] - The probability of the Federal Reserve holding interest rates steady increased to nearly 40% from 24.8% a day earlier, although at least one rate reduction is still anticipated in June [1][1] Corporate Earnings - Corporate earnings are a key driver of stock movements, with companies like Restaurant Brands, Birkenstock, Howmet Aerospace, and Exelon reporting results [1][1] - Software stocks faced continued pressure, with AppLovin shares dropping 5.6% and Cisco Systems falling 8% in premarket trading due to disappointing guidance [1][1] Trade Policy and Geopolitical Developments - Reports suggest that the US and China may extend their trade truce for up to a year, with a meeting between Presidents Trump and Xi Jinping expected in early April [1][1] - The US House of Representatives voted to disapprove tariffs on Canada, indicating a shift in trade policy [1][1] - Applied Materials shares slipped 1% following a $252 million settlement related to illegal exports of chipmaking equipment to China [1][1]

Group 1 - The core viewpoint of the article is that Haizhi Technology Group (2706.HK) is set to be listed in Hong Kong on February 13, with its stock price in the dark market reaching 84 HKD, a significant increase of 210.42% from the offering price of 27.06 HKD [1] - Haizhi Technology focuses on graph model integration AI technology and Atlas graph solutions, enabling efficient management of multi-source data and knowledge graphs for enterprises [1] - The company holds a 2.8% market share in the industrial-grade AI agents in China for 2024, ranking fifth, and a 50% market share in the AI agents field centered around graphs, making it the leader in the country [1] Group 2 - Haizhi Technology has introduced cornerstone investors for this issuance, including JSC International Investment Fund SPC (representing Etown SP), Zhizhi's JINGSHENG HENGXING, Infini, and Mega Prime, with a total investment amount of 15 million USD [1] - The stock's trading volume reached 2.0632 million, with a total transaction value of 1.77 billion HKD [2] - The stock's highest price during trading was 100 HKD, while the lowest was 44 HKD, with a total market capitalization of 33.636 billion HKD [2]

Core Viewpoint - LiveRamp has increased its share repurchase authorization by $200 million to a total of $1.5 billion and extended the expiration date to December 31, 2027, indicating confidence in its long-term growth and current undervaluation in the market [1][2]. Group 1: Share Repurchase Program - The company has approximately $337 million available for share repurchases through the end of calendar 2027 following the expansion of its repurchase program [1]. - The timing and amounts of share repurchases will depend on market conditions, price, and capital availability, with the company retaining the right to modify or terminate the program at any time [2]. Group 2: Company Outlook - CFO Lauren Dillard expressed confidence in LiveRamp's long-term growth outlook, stating that the current share price does not reflect the company's value or its role in an AI-driven ecosystem [2]. - The company believes that AI's demand for data will benefit LiveRamp, which operates the largest and most interoperable data network in its sector [2]. Group 3: Company Profile - LiveRamp is a leading data collaboration technology company that enables marketers and media owners to enhance marketing performance through its data collaboration network [3]. - The company focuses on maximizing the value of data while fostering innovation, serving many prominent brands across various industries [4].

Group 1 - The core viewpoint of the articles emphasizes the deep integration of AI and low-code platforms as a key development direction in the industry, significantly enhancing development efficiency and user experience [1][9] - The low-code market in China is projected to reach a scale of 4.03 billion RMB in 2024, with a year-on-year growth of 21.6%, and is expected to rise to 6.53 billion RMB by 2025, indicating a rapid growth phase for the industry [1] - The company, Defan Intelligent, has established a professional team of over 300 people and focuses on two core businesses: low-code AI aPaaS and integrated AI iPaaS, serving over 1,200 large enterprises across various complex industries [1][3] Group 2 - The competitive landscape of the low-code industry has shifted from a focus on single product competition to a comprehensive service capability, with leading companies enhancing their product matrices to meet full-process digitalization needs [3][4] - Defan Intelligent has developed a dual-core product strategy, which includes the Defan Cloud AI low-code aPaaS platform and the AI integrated iPaaS platform, allowing for agile business innovation and data interconnectivity [4] - The company is addressing the changing customer structure in the domestic low-code market, where state-owned enterprises are increasing their digital investment while private enterprises are experiencing slower demand growth [5][6] Group 3 - Defan Intelligent is not pursuing price competition to reach small and medium-sized enterprises but is instead focusing on high-complexity clients and high-value scenarios to balance scale and profitability [6] - The company recognizes the challenges of implementing AI technology, including issues related to capacity, security, and cost, and is working on a structured approach to ensure the safe and effective use of AI in large enterprises [9][10] - The company has released five key products, marking a transition from a "digital platform" to an "AI-native platform," emphasizing the importance of data management alongside AI innovation [10] Group 4 - The low-code industry faces challenges related to design plagiarism, which hampers innovation and affects research and development motivation [11] - Defan Intelligent is pursuing international expansion as a strategy to overcome domestic market pressures, leveraging the overseas needs of core clients like Geely and BYD to enter markets in Europe, the US, and Southeast Asia [11][12] - The company plans to build independent overseas operational capabilities while addressing localization challenges to enhance its brand image and compliance in foreign markets [12]

Core Viewpoint - AppFolio, Inc. (NASDAQ:APPF) is identified as an oversold stock with strong growth metrics, despite recent price target reductions by analysts following its fiscal Q4 and full year 2025 earnings report [1][2][3]. Financial Performance - In fiscal Q4 2025, AppFolio reported a revenue increase of 22% year-over-year, reaching $248 million [1]. - The total units under management grew by 8% year-over-year to 9.4 million [1]. - For the full year 2025, revenue increased by 20% year-over-year to $951 million [1]. - GAAP operating income for the year was $153 million, representing 16.1% of revenue, compared to $136 million or 17.1% of revenue in 2024 [1]. Analyst Reactions - DA Davidson reduced its price target for AppFolio from $325 to $275 while maintaining a Buy rating, citing weaker-than-expected value-added services revenue and a cautious 2026 outlook [2]. - Piper Sandler also lowered its price target from $350 to $245 but maintained an Overweight rating, suggesting that the recent selloff may be overdone despite investor concerns regarding visibility into the business [3]. Company Overview - AppFolio, Inc. provides cloud-based business software solutions, data analytics, and services tailored for the real estate industry, including AppFolio Property Manager and AppFolio Investment Management [4].

Group 1 - Bentley Systems, Incorporated (NASDAQ:BSY) is considered one of the most oversold NASDAQ stocks, with an Outperform rating and a price target of $48 set by BMO Capital [1] - The company is noted for its durable growth opportunities, particularly in data centers, and has a lower relative near-term AI disruption risk [1] - Oppenheimer adjusted its price target for Bentley Systems to $53 from $65 while maintaining an Outperform rating, citing macro factors affecting stocks in its Industrial Efficiency coverage [2] Group 2 - Bentley Systems provides software solutions for infrastructure engineering, supporting various sectors including structural, geotechnical, civil, and plant engineering [3] - The company is involved in the construction, design, and operations of various infrastructure projects such as bridges, roads, water and wastewater systems, and public utilities [3]

Core Insights - Paylocity Holding Corporation (NASDAQ:PCTY) is identified as one of the most oversold stocks on NASDAQ, with a Buy rating reiterated by Mizuho and a price target set at $150.00 [1] - The company reported fiscal Q2 2026 financial results, showing recurring and other revenue of $387.0 million, an 11.3% increase year-over-year, and total revenue of $416.1 million, up 10.4% compared to fiscal Q2 2025 [1] - Paylocity demonstrated strong cash flow performance, with a trailing twelve months net cash provided by operating activities margin of 28.3% and a free cash flow margin of 23.6% [1] Rating Updates - Following the financial results, Baird adjusted its price target for Paylocity to $220 from $245 while maintaining an Outperform rating, citing progress on margins and free cash flow [3] - TD Cowen also revised its price target to $178 from $188, keeping a Buy rating, and noted the company's strong fiscal Q2 performance and positive outlook regarding AI displacement and valuation [3] Company Overview - Paylocity develops and provides cloud-based software solutions, including payroll, human capital management, benefits administration, time labor tracking, and talent management [4]

Core Viewpoint - Atlassian Corporation (NASDAQ:TEAM) is considered one of the most oversold stocks on NASDAQ, with various analysts adjusting their price targets while maintaining positive ratings, indicating a belief in the company's solid fundamentals despite sector challenges [1][2][3]. Group 1: Price Target Adjustments - Citi adjusted the price target for Atlassian to $160 from $210, citing "sector turmoil" but maintaining a Buy rating due to sound fundamentals [1]. - Morgan Stanley revised the price target to $290 from $320, keeping an Overweight rating, noting no signs of AI disruption in fiscal Q2 and highlighting positive momentum in Atlassian's AI initiatives [2]. - Bernstein also lowered the price target to $290 from $304 while maintaining an Outperform rating, indicating a good fiscal Q2 performance but acknowledging near-term operational complexities related to GenAI concerns [3]. Group 2: Company Overview - Atlassian Corporation specializes in team collaboration and productivity software, offering products such as Jira Software, Confluence, Jira Service Management, and Loom [4].

Core Viewpoint - Workday, Inc. (NASDAQ: WDAY) is currently considered one of the most oversold stocks on NASDAQ, with recent price target adjustments from various analysts following the return of co-founder Aneel Bhusri as CEO, indicating mixed sentiments about the company's future performance [1][3]. Group 1: Price Target Adjustments - UBS has lowered its price target for Workday from $240 to $170 while maintaining a Neutral rating [1]. - Stifel adjusted its price target from $235 to $175, also maintaining a Hold rating, citing challenges in the company's revival under the previous co-CEO [2]. - BTIG revised its price target from $285 to $230, keeping a Buy rating, expressing optimism about the company's ability to navigate the AI landscape under the new CEO [3]. Group 2: Leadership Changes - Aneel Bhusri has returned as CEO, replacing Carl Eschenbach, which has prompted analysts to reassess the company's direction [1][3]. - Stifel noted that the departure of Eschenbach was not surprising, as the company's revival has been more challenging than expected [2]. Group 3: Company Overview - Workday, Inc. specializes in developing enterprise cloud applications for finance and human resources, offering solutions for human capital management, financial management, and analytics tailored for educational institutions, companies, and government agencies [4].

Core Insights - Intuit Inc. (NASDAQ:INTU) is considered one of the most oversold stocks on NASDAQ, with recent price target adjustments from BMO Capital and TD Cowen indicating a potential for recovery despite recent underperformance [1][2] Group 1: Price Target Adjustments - BMO Capital adjusted Intuit's price target to $624 from $810 while maintaining an Outperform rating [1] - TD Cowen revised its price target to $658 from $802, keeping a Buy rating, citing expectations of a clean earnings beat against a low bar due to recent stock underperformance [1] Group 2: Partnership Development - Intuit announced a multi-year partnership with Affirm on February 2, making Affirm the exclusive pay-over-time solution integrated into QuickBooks Payments [2] - This partnership aims to enhance Intuit's financial management capabilities, allowing small and mid-market businesses to offer flexible payment options, thereby maximizing sales and improving cash flow [2] Group 3: Business Segments - Intuit operates in several segments: Small Business and Self-Employed, Consumer, Credit Karma, and ProTax, providing a range of business and financial management solutions [3]