Group 1 - Brazilian equities are entering 2026 with a more nuanced but still constructive outlook after a strong rally in 2025 driven by flows [1] - The investment thesis for the iShares MSCI Brazil ETF (EWZ) has shifted away from distressed valuations [1] Group 2 - The analyst covers stocks primarily in Brazil and Latin America, with occasional insights on global large caps [2]

Group 1 - BitGo Holdings has priced its initial public offering at $18 per share, which is above the marketed range [1]

Core Insights - Chime Scholars Foundation (CSF) has opened applications for scholarships up to $20,000 for the 2026-2027 academic year, aimed at supporting students from diverse backgrounds in various educational pathways [1][4] - Since its inception in 2022, CSF has awarded $7 million in scholarships to over 1,000 students, with more than $3 million awarded to 800 students for the 2025-2026 academic year [2] - Chime's CEO emphasizes the importance of financial access to education, highlighting the foundation's role in removing financial barriers and supporting ambitious students [3] Scholarship Program Details - Applications for the CSF scholarship program are open until March 31, 2026, and the program supports traditional college degrees, apprenticeships, trade schools, and technical certifications [1][4] - The program has shown strong outcomes, with 100% of graduates crediting it for helping them complete their degree or certification, and a projected graduation rate of 87%, nearly double that of Federal Pell Grant recipients [5][6] Company Background - Chime is a financial technology company focused on providing low-cost banking and payment products, aiming to help individuals achieve financial progress [4] - The company operates under a member-aligned business model, with member deposits insured through The Bancorp Bank, N.A. or Stride Bank, N.A. [4]

Core Insights - Fiserv, Inc. (FISV) is experiencing growth driven by the increasing adoption of Software-as-a-Service (SaaS) and payment solutions, with revenue expected to rise by 4.3% in 2025 and 3.1% in 2026 [2][10] Growth Drivers - Revenue growth is primarily supported by financial services and technology solutions for over 12,000 clients in banking, insurance, healthcare, and investment sectors, with cloud-based solutions providing significant growth opportunities for SaaS products [3] - New payment systems, including Clover, Commerce Hub, Finxact, Optis, VisionNext, and the Independent Software Vendor program, are contributing to higher revenues and attracting new clients [4] Strategic Partnerships and Acquisitions - FISV has partnered with a local financial institution in Japan to enhance digital payments for small and medium-sized businesses [4] - The acquisition of Smith Consulting Group has strengthened FISV's service model by integrating deeper expertise for community banks and credit unions [5] - The acquisition of CardFree enhances Clover's capabilities, allowing it to support larger, multi-location merchants with complex technical needs [6] Financial Performance - FISV has outperformed earnings estimates in three of the last four quarters, with an average earnings surprise of 1.6% [11]

Core Viewpoint - Fiserv (FISV) stock is considered an attractive investment opportunity due to its expansion, cash generation, and significant valuation discount [2]. Current Situation - FISV stock is trading at a notable discount compared to its recent peaks, attributed to adjusted organic revenue growth projections for 2025 and increased technology investments [3]. - The company reported a 1% organic growth in Q3 2025, which negatively impacted profitability and contributed to the valuation discount [3]. Positive Developments - The adoption of the Clover platform and new AI implementations (in collaboration with Microsoft) are enhancing client offerings [4]. - Fiserv continues to generate consistent cash flow with a low debt-to-equity ratio of 1.15, and the "One Fiserv" initiative aims to optimize operations for sustainable long-term growth [5]. Strong Fundamentals - Fiserv exhibits strong fundamentals, with a cash flow yield of 13.3% and a revenue increase of 5.2% over the past twelve months, indicating potential for continued cash reserve expansion [10]. - The stock is currently trading at a significant discount, being 49% lower than its 3-month high, 73% below its 1-year high, and 73% beneath its 2-year high [10]. Investment Criteria - Key investment criteria for Fiserv include a market capitalization exceeding $2 billion, positive revenue growth, high free cash flow yield, and significant discounts to recent highs [11]. - Historical performance indicates average forward returns of 25.7% and 57.9% for 6-month and 12-month periods, respectively, with a win rate of over 70% for both intervals [11].

Core Viewpoint - Value investing remains a preferred strategy for identifying strong stocks in various market conditions, utilizing valuation metrics to uncover potential opportunities [1] Group 1: Value Investing Insights - Zacks has developed the Style Scores system to identify stocks with specific traits, particularly appealing to value investors [2] - Stocks with high Zacks Rank and "A" grades in the Value category are considered among the strongest value stocks available [2] Group 2: Fidelity National Information Services (FIS) Overview - Fidelity National Information Services (FIS) holds a Zacks Rank of 2 (Buy) and a Value grade of A, indicating strong investment potential [3] - FIS has a P/E ratio of 10.64, significantly lower than the industry average of 19.75, suggesting it may be undervalued [3] - Over the past year, FIS's Forward P/E has fluctuated between 10.64 and 16.44, with a median of 13.47 [3] Group 3: PEG Ratio Analysis - FIS has a PEG ratio of 1.43, which is lower than the industry average of 1.71, indicating favorable valuation relative to expected earnings growth [4] - The PEG ratio for FIS has ranged from 0.53 to 1.47 over the past year, with a median of 0.76 [4] Group 4: Overall Valuation Assessment - The combination of FIS's valuation metrics and strong earnings outlook suggests that the stock is currently undervalued, making it an attractive option for value investors [5]

Core Viewpoint - Jack Henry & Associates, Inc. will host a live webcast for its second quarter fiscal year 2026 earnings conference call on February 4, 2026, with the earnings press release to be issued after market close on February 3, 2026 [1][2]. Group 1: Earnings Call Details - The live webcast will start at 7:45 a.m. Central (8:45 a.m. Eastern) and can be accessed on the Jack Henry website [2]. - The US dial-in number for the earnings call is (833) 630-0605, and international participants can dial +1 412-317-1830 [2]. - An archived replay of the earnings call will be available approximately one hour after the live call on the Jack Henry website or by dialing (855) 669-9658 with the replay access code 4206506 [2]. Group 2: Deconversion Revenue Announcement - The company will release quarterly deconversion revenue results prior to the earnings results, with the press release scheduled for after market close on January 27, 2026 [3]. Group 3: Company Overview - Jack Henry & Associates, Inc. is a financial technology company that connects financial institutions with their clients, emphasizing openness, collaboration, and user-centric solutions [4]. - The company is part of the S&P 500 and has been providing technology solutions for nearly 50 years, serving approximately 7,400 clients [4].

Core Viewpoint - Broadridge Financial Solutions, Inc. is set to release its financial results for the second quarter of fiscal year 2026 on February 3, 2026, with a conference call scheduled for 8:30 a.m. ET on the same day [1]. Company Overview - Broadridge Financial Solutions is a global technology leader that provides transformative technology and expertise to help clients in the financial services industry operate, innovate, and grow [4]. - The company processes and generates over 7 billion communications annually and supports daily trading of more than $10 trillion in securities globally [5]. - Broadridge is recognized as a certified Great Place to Work® and is part of the S&P 500® Index, employing over 14,000 associates across 21 countries [5].

Core Viewpoint - A class action lawsuit has been filed against DeFi Technologies Inc. (NASDAQ: DEFT) for allegedly making materially false and misleading statements regarding its business operations and financial prospects during the period from May 12, 2025, to November 14, 2025 [6]. Allegation Details - The lawsuit claims that DeFi Technologies faced delays in executing its DeFi arbitrage strategy, which was a key revenue driver for the company [3]. - It is alleged that DeFi Technologies understated the competition it faced from other decentralized asset trading (DAT) companies, which negatively impacted its ability to execute its arbitrage strategy [3]. - The company was unlikely to meet its previously issued revenue guidance for the fiscal year 2025 due to these issues [3]. - Defendants allegedly downplayed the true scope and severity of the negative impacts on DeFi Technologies' business and financial results [3]. - Public statements made by the defendants were claimed to be materially false and misleading throughout the relevant period [3]. Next Steps - Investors who purchased or acquired DeFi shares and suffered losses are encouraged to contact the law firm for more information regarding their rights and potential claims [4]. - There is no cost or obligation for investors to inquire about their rights or interests in this matter [4].

UNDER THE SECURITIES ACT OF 1933 Clear Street Group Inc. (Exact Name of Registrant as Specified in Its Charter) Table of Contents As filed with the Securities and Exchange Commission on January 20, 2026 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial Classification Code Number) Delaware 6211 86-2376416 (I.R.S. Employer Identification Number) 150 Greenwich Street ...