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 ...

Investor appetite for software businesses is fueled by diversification benefits, sustainable revenue, innovation, and growth prospects. In this rapidly evolving technological landscape, software companies are extending substantial resources to diversify their service offerings and achieve scalability.However, the debate over AI’s significant impact on the software industry still seems to hog most of the limelight. On that front, Fidelity International, Australia, noted in a February 13 report that the situa ...

Core Insights - Figma's shares increased by approximately 14% following strong revenue forecasts and positive commentary regarding its AI initiatives [1] - The company forecasts 2026 revenue between $1.36 billion and $1.37 billion, surpassing previous estimates of $1.29 billion [1] - Figma plans to implement a hybrid monetization model starting in March, which includes selling AI credits to users [1] Company Strategy - Figma aims to enhance its competitive position by integrating AI into its platform, similar to strategies employed by larger competitor Adobe [1] - The company allows users to manage the entire creative process on a single platform, appealing to both enterprises and freelancers [1] Financial Outlook - If current stock gains persist, Figma could increase its market value by over $1.7 billion [1] - Investments in AI and operational costs, including stock-based compensation, are expected to raise overall expenses, potentially impacting gross margins [1]

When you don't know what to pay for a stock you tend to sell it. Right now, we have people selling technology shares left and right because they are unsure of what they own and what it might be worth. They are looking at the incredible shrinking price-to-earnings ratio — the "multiple" — and they are saying get me out of here. I see it. And not just in tech. What do we pay for Danaher when it buys a company , Masimo, that we have long since disliked, ever since its litigation with Apple over patent infringe ...

Group 1 - NETSCOUT has extended its Omnis™ AI Insights solution to communications service providers (CSPs), enabling them to transform raw network data into AI-ready smart data for improved customer experience and network operations [1] - A McKinsey & Company survey indicated that 64% of telco operators are scaling their AI efforts, with 45% citing data as the primary inhibitor to these efforts [1] - The Omnis™ AI Sensor provides real-time, curated smart data that helps CSPs optimize customer experience, solve problems faster, and assure service quality across complex digital ecosystems, including 5G [1] Group 2 - The Omnis™ AI Streamer allows operational teams to convert large volumes of network telemetry into actionable intelligence, enhancing detection, analysis, and automated response [1] - NETSCOUT's solutions minimize data volume and complexity, reducing infrastructure demands while enhancing network security, thus shifting customer service from a cost center to a strategic resource [1] - The company will showcase its AI solutions for telecom networks at the Mobile World Congress from March 2-5, 2026 [1]

NiCE Ltd. (NICE), an AI-powered customer experience (CX) platform provider, reported Thursday higher profit and revenues in its fourth quarter, mainly with growth in cloud revenues. Further, the company issued outlook, expecting year-over-year revenue growth in first quarter. The company also projects lower adjusted earnings and higher revenues in fiscal 2026.The company also announced a new $600 million share repurchase program, subject to the issuance of its audited annual financial report for the year 2 ...

分组1 - Autodesk is undergoing a sales and marketing restructuring that is expected to significantly impact its stockholders [1] - The restructuring initiative was officially announced in an 8-K filing released on January 22nd [1]