Core Viewpoint - A class action lawsuit has been filed against Fermi Inc. and its executives due to significant stock price drops linked to alleged violations of federal securities laws [1][3]. Company Overview - Fermi Inc. is an energy and AI infrastructure company focused on building large-scale nuclear reactors to support grid-independent data centers for AI workloads [4]. - The company's flagship project is Project Matador, designed to provide dedicated power for AI operations [4]. IPO and Allegations - Fermi completed its IPO in October 2025, claiming strong demand for Project Matador and securing a 20-year lease with an investment-grade-rated tenant [5]. - Allegations suggest that Fermi overstated tenant demand and misrepresented the agreement with the First Tenant [6]. Stock Performance - Following the announcement that the First Tenant terminated the Advance in Aid of Construction Agreement, Fermi's stock dropped by $5.16, or over 33%, from $15.25 to $10.09 per share on December 12, 2025 [7].

Core Viewpoint - TeraWulf is gaining momentum as a crypto miner turned AI infrastructure stock, attracting investor interest due to its shift in business model and divestment from Bitcoin holdings, leading to a focus on future revenue and earnings growth potential [2]. Group 1: Company Performance - TeraWulf's stock has reached a fresh 52-week high, with a current price of $16.23 and a market cap of $6.8 billion, reflecting a significant increase from its 52-week low of $2.06 [3]. - The company has seen a positive shift in earnings expectations, with analysts projecting a loss of $0.17 in EPS for 2026, an improvement from the reported EPS of -$1.13 in the last quarter [6]. - Recent analyst upgrades have led to increased price targets from firms such as Oppenheimer and Cantor Fitzgerald, indicating a consensus that TeraWulf's fundamentals are expected to improve [7]. Group 2: Market Dynamics - The transition of TeraWulf from a crypto miner to an AI infrastructure provider aligns with broader market trends, which has contributed to the stock's recent performance and analyst optimism [8]. - The upcoming earnings report on February 26 is anticipated to provide further insights into the company's AI infrastructure developments and its potential to capture market share in a growing industry [6].

Core Viewpoint - CoreWeave (CRWV) has seen a 7% increase in stock price ahead of its earnings report scheduled for February 26, 2026, despite facing legal challenges from multiple securities fraud class actions [1] Financial Performance - CoreWeave reported an adjusted loss of $0.08 per share in Q3 2025, significantly better than the estimated loss of $0.35, with revenue reaching $1.36 billion, surpassing the consensus of $1.29 billion [1] - The company has shown a year-to-date stock increase of 34.12%, rising from $71.61 to $96.04, while the S&P 500 has remained flat [1] Legal Challenges - Over a dozen law firms have filed securities fraud class actions against CoreWeave, alleging misrepresentation of its capacity to meet customer demand, focusing on issues such as reliance on a single third-party data center and undisclosed construction delays [1] - The upcoming March 13, 2026, lead plaintiff deadline adds legal pressure, although investors seem to view these lawsuits as minor rather than significant threats [1] Market Expectations - Analysts maintain a consensus target price of $126.37 for CoreWeave, indicating a potential upside of 32% from current levels, with 18 buy ratings against 11 holds [1] - The company's valuation metrics include a trading multiple of 11.6x trailing sales and a 30.18x EV/EBITDA, reflecting aggressive growth expectations [1] Future Outlook - Wall Street anticipates CoreWeave will report a loss of $0.49 in the next quarter, and there is optimism regarding the company's ability to convert its backlog and partnerships into sustainable profits [1] - Analysts expect $12 billion in sales for CoreWeave in 2026, with a projected adjusted loss of $0.22 [1]

Core Viewpoint - The decline in Bitcoin prices has prompted crypto mining companies to pivot towards artificial intelligence (AI) as a more profitable venture [1]. Group 1: Market Dynamics - Smaller Bitcoin mining companies, like TeraWulf, are well-positioned to adapt quickly to market changes, with TeraWulf's market cap at $7 billion and a stock increase of 52% year-to-date and over 240% in the past year [2][10]. - The massive computing power used for Bitcoin mining is now being redirected to support AI projects, attracting interest from investment firms such as Morgan Stanley, which has begun covering the Bitcoin mining sector with a focus on AI infrastructure [3][5]. Group 2: Company Strategy - TeraWulf is recognized as a potential AI infrastructure play, with plans to expand its AI infrastructure through 2030, capitalizing on the high demand for AI computing [5]. - The company has been selling off Bitcoin to finance its AI operations, indicating a strategic shift towards AI as a more lucrative business model [8]. Group 3: Valuation Considerations - TeraWulf's valuation may depend on whether it is viewed as a Bitcoin miner or an AI infrastructure company; if considered a Bitcoin miner, its growth potential could be limited due to minimal Bitcoin holdings [9]. - Morgan Stanley has set a price target of $37 for TeraWulf, suggesting significant upside potential if the market views it as an AI infrastructure play [9].

Core Viewpoint - A class action lawsuit has been filed against Fermi Inc. and its executives due to significant stock price drops linked to potential violations of federal securities laws [1][3]. Group 1: Lawsuit Details - The lawsuit asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, as well as claims under Sections 11 and 15 of the Securities Act of 1933 [3]. - Investors have until March 6, 2026, to request to lead the case, which is pending in the U.S. District Court for the Southern District of New York [3]. Group 2: Company Background - Fermi Inc. is an energy and AI infrastructure company aiming to build large-scale nuclear reactors to support grid-independent data centers for AI companies [4]. - The company's flagship project, Project Matador, is designed to provide dedicated power for AI workloads [4]. Group 3: IPO and Allegations - Fermi completed its IPO in October 2025, claiming strong demand for Project Matador and securing a 20-year lease with an investment-grade-rated tenant [5]. - Allegations suggest that Fermi overstated tenant demand and misrepresented the agreement with the First Tenant [6]. Group 4: Stock Price Impact - Following the announcement that the First Tenant terminated the Advance in Aid of Construction Agreement, Fermi's stock dropped by $5.16 per share, over 33%, from $15.25 to $10.09 on December 12, 2025 [7].

Core Insights - Nebius is experiencing significant growth, with annual recurring revenue (ARR) projected to increase from $90 million in 2024 to $1.25 billion by the end of 2025, and potentially reaching $9 billion by the end of 2026 [1] - The company secured a substantial 5-year deal with Microsoft valued between $17.4 billion and $19.4 billion for AI data center services, indicating strong revenue growth potential [1] Company Growth - Nebius achieved over 14x growth in ARR from 2024 to 2025 and anticipates up to 7x growth in 2026 [1] - The company aims for $20 billion in ARR by 2028, assuming growth rates of 2x to 3x in 2027 [1] Strategic Partnerships - Nebius has established key partnerships with major tech companies, including a significant deal with Microsoft and an undisclosed agreement with Meta Platforms [1] - The Microsoft deal alone is expected to generate more than $3 billion in annual recurring revenue for 300 megawatts of power [1] Software and Technology - Nebius differentiates itself from competitors through its proprietary software stack, which enhances its ability to secure high-end deals and manage AI workloads effectively [1] - The company also has stakes in other technology ventures, including a commercial robotaxi service and an online coding bootcamp, diversifying its revenue streams [1] Financial Position - As of Q4, Nebius reported $3.7 billion in cash, marking its first quarter of positive operating cash flow, which enhances its liquidity for future growth [1] - The company plans to utilize corporate debt and asset-backed financing to support its expansion efforts [1]

SAN DIEGO, Feb. 13, 2026 (GLOBE NEWSWIRE) -- Robbins LLP reminds stockholders that a class action was filed on behalf of all investors who purchased or otherwise acquired Fermi Inc. (NASDAQ: FRMI): (a) common stock pursuant to the registration statement issued in connection with the Company's October 2025 initial public offering ("IPO"); or (b) securities between October 25, 2025 and December 11, 2025. Fermi purports to be an energy and artificial intelligence (“AI”) infrastructure company. For more informa ...

Core Viewpoint - The next 12-18 months are critical for IREN Limited's performance, and the company should be valued as an AI infrastructure provider [1] Company Analysis - IREN Limited is positioned to leverage its capabilities in AI infrastructure, which may enhance its market valuation and performance in the upcoming period [1]

HIVE Digital Technologies Ltd. (NASDAQ: HIVE) will release its financial results for the nine months ended Dec. 31, 2025, on Feb. 17, followed by an earnings call at 8:00 am Eastern Time. The diversified blockchain and AI infrastructure firm said a webcast and conference call will accompany the results. Participants are encouraged to register or dial in approximately five minutes before the call. A replay and a copy of the earnings release will be available on the company’s investor relations website. R ...

Core Insights - Nebius Group's Q4 revenue reached $227.7 million, a 547% increase year-over-year, driven by AI cloud demand [1] - The company plans to spend $16 billion to $20 billion on capital expenditures (capex) in 2026, following a $4.1 billion capex in 2025 [1] - Nebius projects 2026 revenue between $3 billion and $3.4 billion, with EBITDA margins approaching 40% [1] Revenue Growth - Q4 revenue surged to $227.7 million, up from $35.2 million last year, marking a 547% increase [1] - Total revenue for 2025 was $529.8 million, a 479% rise from $91.5 million in 2024 [1] - The annualized run-rate revenue reached $1.25 billion by the end of 2025, exceeding previous guidance [1] Capital Expenditures - Capex for Q4 was approximately $2.1 billion, up from $416 million in the same quarter last year [1] - Full-year 2025 capex totaled $4.1 billion, primarily for GPUs and infrastructure [1] - For 2026, Nebius anticipates capex of $16 billion to $20 billion to support the rollout of nine new data centers [1] Operational Performance - Adjusted EBITDA turned positive at $15 million, compared to a loss of $63.9 million a year earlier, though below the analyst consensus of $22.55 million [1] - The net loss for Q4 widened to $249.6 million from $122.9 million, attributed to high operating expenses [1] - Operating cash flow reached $834 million in Q4, indicating early positive returns from expansion efforts [1] Strategic Acquisitions - Nebius announced the acquisition of Tavily for $275 million to enhance its AI cloud platform with real-time search capabilities [1] - This acquisition aims to strengthen offerings for AI agents and improve applications such as coding assistance and data analysis [1] Market Positioning - Nebius has secured over 3 gigawatts of power capacity by the end of 2026, exceeding prior plans of over 2.5 gigawatts [1] - Strategic partnerships with major players like Microsoft and Meta Platforms validate Nebius's approach and support long-term demand [1] - Despite concerns over aggressive capex spending, the company is well-positioned to capture market share amid rising demand for data center capacity [1]