Explanation of Non-GAAP measures Q4 2025 Earnings Presentation ( N A S D A Q : N I C E ) Disclaimer Forward Looking Statements Disclaimer This presentation contains forward-looking statements as that term is defined in the Private Securities Litigation Reform Act of 1995. In some cases, forward-looking statements may be identified by words such as "believe", "expect", "seek", "may", "will", "intend", "should", "project", "anticipate", "plan", and similar expressions. Forward-looking statements are based on ...

NEW YORK, Feb. 19, 2026 (GLOBE NEWSWIRE) -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds Oracle Corporation (“Oracle” or the “Company”) (NYSE: ORCL) investors of an upcoming deadline involving a securities fraud class action lawsuit commenced against the Company. Should You Join The Oracle Class Action Lawsuit: Do you, or did you, own shares of Oracle Corporation (ORCL)?Did you purchase your shares between June 12, 2025 and December 16, 2025, inclusive?Did you lose money ...

（来源：吴说） World（原 Worldcoin）宣布开源其由 Tools for Humanity 开发的 GKR + Hyrax 证明系统 Remainder。该 系统允许用户在移动设备本地针对隐私数据运行机器学习（ML）模型，并生成正确执行的零知识证 明。借助 Remainder，World 用户无需重新前往 Orb 即可在设备端直接完成 IrisCode 的升级。目前该项 目的开源代码及配套技术文档均已对外发布。 ...

Core Viewpoint - Nutanix, Inc. (NTNX) is identified as an infrastructure software company that aids enterprises in managing their IT infrastructure more efficiently, but it has not been beneficial for its shareholders [1]. Company Summary - Nutanix focuses on providing solutions for IT infrastructure management [1]. - The company has faced challenges in delivering value to its shareholders, indicating potential issues in performance or market perception [1].

Core Viewpoint - The potential for Salesforce to be acquired is significant due to its undervalued stock and strong financials, but CEO Marc Benioff's influence makes a buyout unlikely [1] Financial Profile - Salesforce's stock has decreased by 30% year-to-date, closing at $184.29, down from $264.91 at the end of the previous year [1] - The company generated $2.18 billion in free cash flow in Q3 FY2026, with non-GAAP operating margins of 34.1% [1] - Annual revenue is reported at $40.3 billion, with a quarterly revenue growth of 8.6% [1] - The market capitalization stands at $175 billion, with a forward P/E ratio of 14x, significantly below the analyst consensus price target of $323 [1] Shareholder Actions - Salesforce repurchased $3.8 billion in stock during Q3 FY2026, returning a total of $4.2 billion to shareholders, including dividends [1] CEO Influence - CEO Marc Benioff's significant influence is a primary obstacle to a potential buyout, as he emphasizes the company's AI strategy and future growth [1] - Benioff's recent comments indicate a focus on long-term innovation rather than a sale, particularly with the launch of the AI platform Agentforce [1] Institutional Ownership - Institutional ownership of Salesforce is at 84.0%, with no visible activist pressure currently [1] - Director G. Mason Morfit's purchase of 96,000 shares at $260.58 reflects confidence in the company's future despite current stock prices [1] Upcoming Earnings Report - The Q4 FY2026 earnings report is anticipated on February 25, 2026, with analysts expecting an EPS of $3.03 and revenue of $11.17 billion [1] - There is an 83% probability that the earnings will exceed expectations, which could influence shareholder dynamics [1]

想象一下，你让 AI 助手结合搜索工具探索一个复杂问题。它第一次探索时走错了方向，但第二次、第三次，它依然重复同样的错误探索路径。虽然你可能 可以从最终得到的多次探索结果中挑选出一个勉强满意的答案，但是这既低效，也需要人工干预。这就是当前大多数深度搜索智能体面临的困境——它们无 法「记住」之前的探索经验，每次都是从头开始，导致大量冗余搜索和资源浪费。 现有的深度搜索智能体大多基于 ReAct 框架构建，采用线性推理方式：「思考→调用工具→观察→再思考 」 。这种设计在简单任务上表现良好，但在需 要多轮探索的深度搜索任务中，往往陷入局部最优、重复探索和低效搜索的困境。 来自东南大学、微软亚洲研究院等机构的研究团队提出了一种全新的解决方案—— Re-TRAC （REcursive TRAjectory Compression） ，这个框架让 AI 智能体能够「记住」每次探索的经验，在多个探索轨迹之间传递经验，实现渐进式的智能搜索。 让探索变成「渐进式学习」过程 为什么 ReAct 会失败？ ReAct 框架的核心问题在于其 线性设计 。每个探索轨迹都是独立的，模型无法回顾先前尝试的状态。在长上下文场景下，早期制定 ...

2月19日，进入 2026 年 2 月中旬，全球金融市场呈现出明显的波动特征，尤其是在美股开盘后，加密货 币市场震荡加剧，比特币（BTC）失守 67000 美元关口。NCE 平台表示，当前数字资产与科技股的关 联性显著增强，尤其是 iShares 科技软件 ETF （IGV） 的持续疲软，已成为对比特币价格走势产生重要 影响的先行指标。周二该 ETF 再次下跌 3%，这种板块性的抛售压力迅速传导至加密市场，导致比特币 脱离了此前在 68000 美元至 70000 美元之间的窄幅震荡区间。 在宏观金融环境波动背景下，相关研究人员认为，软件板块的低迷源于市场对人工智能（AI）工具冲 击传统软件商业模式的担忧。由于部分投资者倾向于将比特币的技术属性与软件行业挂钩，这种负面情 绪在短期内形成了共振。与此同时，美股三大股指普遍收跌，纳斯达克与标普 500 指数均出现不同程度 的回撤。相关数据显示，除了数字资产本身，包括 MicroStrategy 及各大矿企在内的加密概念股也遭遇 了 4% 至 5% 的跌幅，反映出整体风险偏好的下行，避险情绪开始主导短期市场。 除了科技板块的动荡，大宗商品市场的走势也表现出降温迹象，这 ...

Core Insights - Appian reported a fourth quarter cloud subscriptions revenue increase of 18% year-over-year to $117.0 million and a full year increase of 19% to $437.4 million [1][6]. Fourth Quarter 2025 Financial Highlights - Total subscriptions revenue rose 19% year-over-year to $162.3 million, with professional services revenue increasing by 36% to $40.6 million [6]. - Total revenue for the fourth quarter was $202.9 million, reflecting a 22% increase compared to the same quarter in 2024 [6]. - Cloud net annualized recurring revenue (ARR) expansion was 114% as of December 31, 2025 [6]. - GAAP operating loss was $(0.7) million, while non-GAAP operating income was $17.4 million [6]. - GAAP net loss was $(5.1) million, with a net loss per share of $(0.07) [6]. - Adjusted EBITDA for the quarter was $19.7 million [6]. Full Year 2025 Financial Highlights - Full year cloud subscriptions revenue reached $437.4 million, up 19% from 2024 [6]. - Total subscriptions revenue increased 18% year-over-year to $576.5 million [6]. - Professional services revenue for the year was $150.5 million, compared to $126.5 million in 2024 [6]. - Total revenue for the year was $726.9 million, an 18% increase from 2024 [6]. - GAAP operating income was $0.6 million, a significant improvement from a $(60.9) million loss in 2024 [6]. - GAAP net income was $1.2 million, compared to a $(92.3) million loss in 2024 [6]. - Adjusted EBITDA for the year was $76.8 million [6]. Business Highlights - Appian secured an enterprise agreement with the US Army to support AI-powered transformation efforts [6]. - The company launched new AI capabilities aimed at automating complex workflows and accelerating application modernization [6]. - Appian recognized the 2025 Public Sector Partner Award winners [6]. - The New Zealand Police implemented Appian for case processing [6]. Financial Outlook - For the first quarter of 2026, cloud subscriptions revenue is expected to be between $119.0 million and $121.0 million, representing year-over-year growth of 19% to 21% [12]. - Total revenue for the first quarter is projected to be between $189.0 million and $193.0 million, indicating a year-over-year increase of 14% to 16% [12]. - For the full year 2026, cloud subscriptions revenue is anticipated to be between $502.0 million and $510.0 million, reflecting year-over-year growth of 15% to 17% [12].

Core Insights - Retail investors have significantly influenced the market at the beginning of 2026, particularly showing interest in distressed software stocks [1] Group 1 - Retail investors are actively participating in the market, focusing on software stocks that have experienced declines [1]

jetcityimage/iStock Editorial via Getty Images Listen below or on the go via Apple Podcasts and Spotify Carvana's (CVNA)Q4 profitability loses traction; shares crater more than 20%. (00:14) DoorDash (DASH) sees double-digit growth in orders, GOV; sets upbeat Q1 guidance. (01:31) Moderna (MRNA) gains as FDA backtracks and accepts flu shot for review. (02:14) This is an abridged transcript. Carvana (CVNA) sold more cars than Wall Street expected in the fourth quarter, but concerns over the company’s pr ...