Irenic Capital Management LP disclosed a new stake in Alkami Technology (NASDAQ:ALKT) in its February 17, 2026, SEC filing, adding 2,106,448 shares in a trade estimated at approximately $48.60 million based on quarterly average pricing. What happened According to an SEC filing dated February 17, 2026, Irenic Capital Management LP initiated a new position in Alkami Technology (NASDAQ:ALKT), acquiring 2,106,448 shares. The end-of-quarter position value is approximately $48.60 million. What else to know ...

Core Viewpoint - Klarna Group (NYSE:KLAR) has experienced significant stock price declines, with a 71% drop since its IPO and a 54% decrease year-to-date, following disappointing earnings results [2]. Financial Performance - Klarna reported fourth-quarter earnings with revenue of $1.08 billion, surpassing analyst estimates of $1.07 billion, but incurred a loss per share of $0.19, which was worse than the expected loss of $0.02 [2]. - The company's US business showed strong performance, with revenue growth of 58%, driven by the Fair Financing product, which saw sales increase by 165% [2]. - This quarter marked Klarna's first instance of achieving $1 billion in sales [2]. Analyst Insights - Keefe Bruyette lowered Klarna's share price target from $52 to $45 while maintaining an Outperform rating [2]. - Jim Cramer criticized Klarna for not mentioning earnings per share (EPS) in its release, indicating a lack of focus on this important metric [3].

Klarna Group (NYSE:KLAR), a digital bank and flexible payments provider, closed Thursday at $13.84, down 26.95%. The stock dropped after Q4 results missed forecasts and guidance pointed to slower near‑term growth with higher credit provisions. Investors are watching to see whether margins can improve as the company matures. Trading volume reached 44.6 million shares, about 1,159% above its three-month average of 3.5 million shares. Klarna Group IPO'd in 2025 and has fallen 70% since going public. How the ...

Core Viewpoint - Investors are encouraged to explore lesser-known opportunities in the market, as they may offer better potential than popular stocks like SoFi Technologies [1] Company Overview: SoFi Technologies - SoFi Technologies has been a favored choice among retail investors, achieving over 37% gains in the past year [2] - The stock is currently trading at a high valuation, approximately 34 times forward earnings and nearly 10 times forward sales [2] Company Overview: LendingClub - LendingClub specializes in personal lending, particularly for credit card debt consolidation, and is expanding into home improvement loans [5] - The company transformed into a more profitable entity after acquiring a bank in 2021 and refining its platform [6] - In 2024, LendingClub reported diluted earnings per share (EPS) of $0.45, which grew by 154% to $1.15 in 2025, with guidance for 2026 EPS between $1.65 and $1.80, indicating nearly 50% growth at the midpoint [7] Financial Metrics: LendingClub - LendingClub has a market capitalization of $1.8 billion, with a current stock price around $15.20 [9][17] - The company has a gross margin of 72.88% and has made significant accounting changes to simplify its business model [9][11] - The management aims to increase loan originations to $12.1 billion this year, with a medium-term goal of $18 billion to $22 billion [12][13] Valuation Comparison - LendingClub trades at less than 10 times forward earnings and 1.8 times forward revenue, significantly cheaper than SoFi [15] - Analysts expect LendingClub to generate $2.40 in EPS by 2027, suggesting a potential share price of $24 if the market recognizes this growth [15][17] Strategic Goals - LendingClub's management is focused on elevating returns, targeting a return on tangible common equity (ROTCE) of 18% to 20% in the medium term, currently at about 12% to 13% [13]

Company Overview - Chime Financial operates a digital banking platform focused on accessible, low-cost financial services, leveraging a technology-driven approach and strategic bank partnerships to streamline operations and reduce costs [7] - The company offers mobile-first, fee-free banking services including checking, savings, early paycheck access, and overdraft protection, generating revenue primarily through interchange fees collected via partnerships with FDIC-insured banks [10] - As of February 13, 2026, Chime's market capitalization was $7.4 billion, with a revenue of $2.1 billion and a net income of -$984.8 million for the trailing twelve months [5] Recent Developments - On February 13, 2026, Ranger Investment Management disclosed a new position in Chime Financial, acquiring 591,255 shares valued at $14.88 million [1][2] - Chime's shares were priced at $19.69 on February 13, 2026, reflecting a 27% decrease from their $27 offering price in June [4] - The fintech reported $544 million in third-quarter revenue, a 29% year-over-year increase, with gross profit of $474 million and an 87% gross margin [12] Financial Performance - Active members of Chime climbed 21% to 9.1 million, and adjusted EBITDA turned positive at $29 million, representing a 5% margin and a 9-point year-over-year improvement [12] - Management expects full-year revenue of up to $2.173 billion and adjusted EBITDA of as much as $118 million [12] Investment Insights - Ranger's new position in Chime accounts for 1.02% of its 13F reportable assets under management as of December 31, 2025, with larger holdings in software and biotech [9] - The current trading price of Chime shares raises questions about the company's durability and long-term potential, with a focus on interchange resilience and member monetization [11][13]

Core Insights - Direxion has launched four new single-stock ETFs with 2x leverage, targeting key companies in the semiconductor, e-commerce, and fintech sectors [1] Group 1: New ETF Launches - The new ETFs include: - Direxion Daily SOFI Bull 2X ETF (SOFA) for the digital banking platform [1] - Direxion Daily MRVL Bull 2X ETF (MRVU) for the data infrastructure company [1] - Direxion Daily BABA Bull 2X ETF (BABU) for the Chinese e-commerce giant [1] - Direxion Daily ASML Bull 2X ETF (ASMU) for the lithography machine provider [1] Group 2: Market Context - The launch responds to ongoing market uncertainty and the need for precision trading tools [1] - These companies are positioned at the core of the digital economy, which is increasingly influenced by AI, machine learning, and cloud computing [1] Group 3: Target Audience - The leveraged ETFs are designed for seasoned traders with high conviction during critical market events such as earnings reports and product launches [1] - Direxion's suite now includes 55 single-stock ETFs, catering to various market trends and sectors [1]

Core Insights - Dave Inc. (NASDAQ:DAVE) is identified as one of the 14 oversold value stocks to consider for investment [1] - The stock has experienced mixed investor sentiment, declining approximately 35% over the past six months but gaining over 50% in the last year [2] - As of February 5, 2026, 100% of analysts covering the stock have confidence in it, with a consensus price target of $302.50 [2] Board Changes - On January 20, 2026, Dave Inc. appointed Nima Khajehnouri, an AI and data engineering expert with 20 years of experience from companies like Meta, Google, and Snap, to its Board of Directors [3] - Additional Board appointments include Mike Pope as Lead Independent Director and Andrea Mitchell as Chair of the Nominating and Corporate Governance Committee, aimed at enhancing governance and technical oversight [4] - The company focuses on scaling its innovation capabilities, particularly in deploying AI-driven solutions for its customer base [3][4] Company Overview - Dave Inc. is a digital banking service based in Los Angeles, providing budgeting tools, cash advances, side hustles, and modern checking accounts [4]

NEW YORK--(BUSINESS WIRE)--Klarna, the global digital bank and flexible payments provider, is joining Google's Universal Commerce Protocol (UCP), an open standard designed to help AI agents and commerce systems work together across the full shopping lifecycle, from discovery and purchase through post-purchase support. UCP enables consumers to shop seamlessly in AI conversations while giving agents, merchant systems, and payment providers a standardized way to interact across multiple AI platfor. ...

Core Viewpoint - Klarna Group plc is facing a class action lawsuit related to its September 10, 2025 IPO, alleging violations of the Securities Act of 1933 due to misleading offering documents and understated risk regarding loss reserves [1][3]. Summary by Sections Class Action Lawsuit Details - The lawsuit, titled Nayak v. Klarna Group plc, allows purchasers of Klarna securities from the IPO to seek lead plaintiff status by February 20, 2026 [1][2]. - Klarna's IPO involved the issuance of approximately 34 million shares at an offering price of $40.00 per share [2]. Allegations Against Klarna - The lawsuit claims that Klarna's offering documents were materially false or misleading, particularly regarding the risk of increased loss reserves shortly after the IPO [3]. - A Bloomberg News article reported that Klarna posted a net loss of $95 million and increased provisions for loan losses to $235 million, exceeding analyst estimates [4]. Stock Performance - Following the IPO, Klarna's stock price fell to as low as $31.31 per share, significantly below the initial offering price of $40 per share [4]. Lead Plaintiff Process - The Private Securities Litigation Reform Act of 1995 allows investors who acquired Klarna securities to seek lead plaintiff status, representing the interests of the class [5]. - The lead plaintiff can choose a law firm to litigate the case, and participation as lead plaintiff does not affect the ability to share in any potential recovery [5]. About Robbins Geller - Robbins Geller Rudman & Dowd LLP is a leading law firm in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [6].

Core Viewpoint - Klarna Group plc is facing a class action lawsuit related to its September 10, 2025 IPO, alleging violations of the Securities Act of 1933 due to misleading offering documents and understated risks associated with its loss reserves [1][3]. Group 1: Class Action Lawsuit Details - The class action lawsuit, titled Nayak v. Klarna Group plc, allows purchasers of Klarna securities from the IPO to seek appointment as lead plaintiff by February 20, 2026 [1][2]. - Klarna's IPO involved the issuance of approximately 34 million shares at an offering price of $40.00 per share [2]. - The lawsuit claims that Klarna's offering documents were materially false and omitted critical information regarding the risk of increased loss reserves shortly after the IPO [3]. Group 2: Financial Performance and Stock Impact - Following the IPO, Klarna reported a net loss of $95 million on November 18, 2025, and increased provisions for loan losses to $235 million, exceeding analyst estimates of $215.8 million [4]. - Provisions for loan losses represented 0.72% of gross merchandise volume, up from 0.44% the previous year [4]. - By the time the class action lawsuit commenced, Klarna's stock price had dropped to as low as $31.31 per share, significantly below the IPO price of $40 [4]. Group 3: Legal Representation and Process - The Private Securities Litigation Reform Act of 1995 allows any investor who purchased Klarna securities in connection with the IPO to seek lead plaintiff status [5]. - The lead plaintiff will represent the interests of all class members and can choose a law firm to litigate the case [5]. - Robbins Geller Rudman & Dowd LLP, the law firm handling the case, is recognized as a leading firm in securities fraud and shareholder litigation, having secured over $2.5 billion for investors in 2024 alone [6].