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Italy Sees Economic Boost From the Opening Weekend of the Olympic Winter Games Milano Cortina 2026

Italy Sees Economic Boost From the Opening Weekend of the Olympic Winter Games Milano Cortina 2026

  • Northern Italy sees more than 60% increase in Visa cardholder visitors from overseas, with an increase in purchases up 80% compared to the same period in 2025

  • Significant increase in spending from Visa cardholders in many areas of commerce including Clothing & Accessories, Restaurants and Mobility & Transport

  • Biggest share of spend comes from U.S. Visa cardholders, with most significant increases in year-on-year spending from Canada and Switzerland

MILANO, Italy–(BUSINESS WIRE)–
Visa, the Official Payment Technology Partner of the Olympic and Paralympic Winter Games, today released new data revealing consumer spending patterns in the Winter Games host locations1 during the opening weekend of the Olympic Winter Games Milano Cortina 2026.

VisaNet data analysed by Visa Consulting & Analytics (VCA) shows the positive impact that Milano Cortina 2026 is having on commerce:

  • Overseas Visa cardholders visits rose by more than 60%, with the largest share of visitors coming from the U.S. (+160% year-on-year), followed by China, Brazil, Canada and Japan.

  • In Europe, Visa cardholders from Germany represent the largest share of visitors (31% year-on-year increase), followed by Switzerland, France and the UK.

  • International Visa cardholders spent more than in the previous year, with the U.S. leading the year-on-year growth with a 125% increase in their spending, followed by Canada and Switzerland.

  • Visitors from Germany, China and the U.S. ranked as the top spenders, with an average spend of €297, €267 and €255, respectively.

  • Purchases are also up significantly in Milano from international Visa cardholders (45%) and Italian Visa cardholders (+30%).

  • In mountain locations, purchase growth is being driven primarily by overseas Visa cardholders, up to 95% year on year.

  • Contactless transactions across both domestic and international Visa cardholders, increased by almost 40% year‑on‑year.

  • The top three merchant categories recorded the highest increase in purchases by international Visa cardholders during the Opening Ceremony weekend are: Clothing & Accessories (+35%), Restaurants, Mobility & Transport.

Antony Cahill, Chief Executive Officer, Visa Europe says: “Over the Milano Cortina 2026 Winter Olympics Opening Ceremony weekend, Italian businesses experienced a year-on-year rise in visitors and purchases, according to VisaNet data – demonstrating the positive economic impact that major global events can deliver for local communities. U.S. travellers led overseas spend, with fans from China, Brazil, Canada and Japan showing the biggest increase in travel to the Games.”

Visa’s responsibility to provide payment systems for the Olympic and Paralympic Games requires a robust and venue-specific plan combined with large-scale operations. Working hand-in-hand with the Organising Committee, Visa has built a custom payment network across Milano, Cortina and beyond, which will ensure Visa payments are accepted at approximately 800 points of sale across 13 competition venues and several other official Milano Cortina 2026 locations.

About Visa Inc.

Visa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, sellers, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.

Notes to editors:

  • Figures compare the weekends 6,7,8 February 2026 vs 7,8,9 February 2025
  • Overseas visitors refers to Visa cardholders from outside Europe
  • International visitors refers to Visa cardholders from both Europe and outside Europe
  • Visa cardholders refers to Visa cardholders includes domestic and international visitors (Europe and outside Europe)

  • Northern Italy refers to Milan and mountain locations hosting competitions, including Belluno, Trento, Bolzano, and Sondrio
  • Mountain locations refer specifically to Belluno, Trento, Bolzano, and Sondrio (excluding Milano)

1 Milano, Belluno, Trento, Bolzano, and Sondrio

Ana Torres

[email protected]

KEYWORDS: Italy Europe

INDUSTRY KEYWORDS: Professional Services Payments Sports Olympics Technology Finance Banking

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Klarna Launches on Google Pay in the UK

Klarna Launches on Google Pay in the UK

LONDON–(BUSINESS WIRE)–
Klarna, the global digital bank and flexible payments provider, is now available on Google Pay in the UK. Google Pay users in the U.K. can choose Klarna’s interest-free payment options at checkout.

Raji Behal, Head of Western and Southern Europe, UK & Ireland at Klarna, said, “We’re really excited to bring Klarna’s fair, flexible and interest-free payment options to Google Pay users. This is a big moment for us and a major step towards our goal of being available at every checkout, everywhere. Together with Google, we’re making it easier than ever for millions of shoppers to choose Klarna and pay in a smarter, more transparent way — all from their phone.”

Lisa Yokoyama, Director of Product Management at Google Paysaid: “Expanding our collaboration with Klarna to the U.K. underscores our goal to empower more people with the flexibility to pay how they choose. With people shopping on Google over a billion times a day, this broader footprint provides even more checkout options to help businesses drive tangible growth.”

Klarna on Google Pay will offer Google Pay’s UK consumers the flexibility of Klarna pay in 3 interest-free installment payment method. Users will be able to manage their purchases seamlessly in the Klarna app, tracking deliveries, handling returns, and managing repayments, all in one place. The integration will make flexible payment options even more accessible for Google Pay users, who can soon shop and pay with Klarna directly from their devices.

With more than 114 million active consumers worldwide, Klarna is continuing to expand its commerce network and mission to be available at every checkout, offering shoppers a fairer alternative to traditional credit cards for everything.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of applicable securities laws. These statements include, but are not limited to, statements regarding our future financial performance, business strategy, growth objectives, market opportunities, operational plans, including the implementation of Klarna in certain digital wallets, the timing of their availability to our consumers and their anticipated features and benefits. Words such as “believe,” “expect,” “anticipate,” “intend,” “plan,” “will,” “may,” “could,” “estimate,” and similar expressions identify forward-looking statements.

These forward-looking statements are subject to risks, uncertainties, and assumptions that could cause actual results to differ materially from those expressed or implied, including risks related to:

  • Our ability to retain and grow consumer and merchant relationships;

  • Competition and technological developments;

  • Regulatory compliance and licensing requirements;

  • Our ability to achieve expected benefits from our funding arrangements;

  • Credit risk management and funding availability;

  • General economic conditions and market volatility; and

  • Our ability to expand into new markets and products.

Forward-looking statements reflect our views as of the date of this release and are based on information currently available to us. We undertake no obligation to update any forward-looking statements, except as required by law. Actual results may differ materially from those anticipated. Investors should not place undue reliance on these forward-looking statements and should review the risk factors in our filings with the SEC for a more complete discussion of risks.

[email protected]

KEYWORDS: United Kingdom Europe

INDUSTRY KEYWORDS: Payments Online Retail Retail Apps/Applications Technology Other Technology Software

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AMD and TCS to bring state-of-the-art ‘Helios’ rack-scale AI architecture to India

News Highlights:

  • Enterprises across India will gain access to a new 200MW deployment of the AMD “Helios” rack-scale AI architecture, supporting India’s AI initiatives and sovereign AI factories.  
  • AMD and TCS will help enterprise customers accelerate AI at scale with an AI training and inference platform designed to improve operational efficiency, time-to-deployment, and real-world enterprise impact across industries.

SANTA CLARA, Calif. and MUMBAI, India, Feb. 16, 2026 (GLOBE NEWSWIRE) — AMD (NASDAQ: AMD), a leader in high-performance and AI computing, and Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS), a global leader in IT services, consulting, and business solutions, have expanded their strategic collaboration. TCS, through its subsidiary HyperVault AI Data Center Limited (HyperVault), and AMD will codevelop a rack-scale AI infrastructure design based on the AMD “Helios” platform in support of India’s national AI initiatives.

Powered by AMD Instinct™ MI455X GPUs, next-generation AMD EPYC™ “Venice” CPUs, AMD Pensando™ Vulcano NICs and the open ROCm™ software ecosystem, “Helios” is purpose-built to deliver a rack-scale AI platform supporting sovereign AI factories. “Helios,” combined with TCS’ enterprise expertise and scale, will accelerate deployment and enhance operational efficiencies for enterprises. As part of this strategic collaboration, both companies will offer an AI-ready data center blueprint supporting up to 200 MW of capacity and will work with hyperscalers and AI companies to accelerate data center build-outs in India.

Dr. Lisa Su, Chair and CEO, AMD, said, “AI adoption is accelerating from pilots to large-scale deployments, and that shift requires a new blueprint for compute infrastructure. With ‘Helios,’ we are delivering an open, rack-scale AI platform designed for performance, efficiency, and long-term flexibility. Together with TCS, we are enabling enterprises across India to deploy AI at scale today while building the compute foundation of tomorrow.”

K. Krithivasan, MD and CEO, TCS, said, “This collaboration lays the foundation for AMD’s first ‘Helios’ powered AI infrastructure in India. By combining our strengths in AI, connectivity, sustainable power, and advanced data center engineering, we are poised to deliver state-of-the-art infrastructure solutions for AI companies and global enterprises. We are thrilled to deepen our longstanding partnership with AMD as we expand our participation in the AI ecosystem – Infrastructure to Intelligence.”

TCS established HyperVault in 2025 with the vision of delivering GW-scale, secure, and reliable AI-ready infrastructure for hyperscalers, AI companies, and global enterprises. This announcement builds on the recent strategic collaboration between TCS and AMD to help enterprises scale AI adoption and modernize hybrid environments.

About AMD

AMD (NASDAQ: AMD) drives innovation in high-performance and AI computing to solve the world’s most important challenges. Today, AMD technology powers billions of experiences across cloud and AI infrastructure, embedded systems, AI PCs and gaming. With a broad portfolio of AI-optimized CPUs, GPUs, networking and software, AMD delivers full-stack AI solutions that provide the performance and scalability needed for a new era of intelligent computing. Learn more at www.amd.com.

Tata
Consultancy
Services
Ltd
(TCS)

Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) is a digital transformation and technology partner of choice for industry-leading organizations worldwide. Since its inception in 1968, TCS has upheld the highest standards of innovation, engineering excellence and customer service.

Rooted in the heritage of the Tata Group, TCS is focused on creating long term value for its clients, its investors, its employees, and the community at large. With a highly skilled workforce of over 580,000 spread across 55 countries and 202 service delivery centers across the world, the company has been recognized as a top employer in six continents. With the ability to rapidly apply and scale new technologies, the company has built long term partnerships with its clients – helping them emerge as perpetually adaptive enterprises. Many of these relationships have endured into decades and navigated every technology cycle, from mainframes in the 1970s to Artificial Intelligence today.

TCS sponsors 14 of the world’s most prestigious marathons and endurance events, including the TCS New York City Marathon, TCS London Marathon and TCS Sydney Marathon with a focus on promoting health, sustainability, and community empowerment.

TCS generated consolidated revenues of over US $30 billion in the fiscal year ended March 31, 2025. For more information, visit www.tcs.com

Follow TCS on LinkedIn| Instagram | YouTube| X



Contact: 
Aaron Grabein
AMD Communications
+1 512-602-8950
[email protected]

Liz Stine
AMD Investor Relations
+1 720-652-3965
[email protected]

TCS Media Contacts:

Corporate Communication & India

Email: [email protected]
Email: [email protected]| Phone: +91 22 6778 9999

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Great Lakes Dredge Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Great Lakes Dredge & Dock Corporation – GLDD

Great Lakes Dredge Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Great Lakes Dredge & Dock Corporation – GLDD

NEW YORK & NEW ORLEANS–(BUSINESS WIRE)–
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Great Lakes Dredge & Dock Corporation (NasdaqGS: GLDD) to Saltchuk Resources, Inc. Under the terms of the proposed transaction, shareholders of Great Lakes will receive $17.00 in cash for each share of Great Lakes that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ([email protected]) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgs-gldd/ to learn more.

Please note that the transaction is structured as a tender offer, such that time may be of the essence.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

CONNECT WITH US: Facebook || Instagram || YouTube || TikTok || LinkedIn

Kahn Swick & Foti, LLC

Lewis S. Kahn, Managing Partner

[email protected]

855-768-1857

1100 Poydras St., Suite 960

New Orleans, LA 70163

KEYWORDS: Louisiana New York United States North America

INDUSTRY KEYWORDS: Class Action Lawsuit Professional Services Legal

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Synopsys Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Synopsys, Inc. – SNPS

Synopsys Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Synopsys, Inc. – SNPS

NEW YORK & NEW ORLEANS–(BUSINESS WIRE)–
Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Synopsys, Inc. (“Synopsys” or the “Company”) (NasdaqGS: SNPS).

In February 2025, Cangrade, Inc., a hiring assessment platform provider, filed a lawsuit against Synopsys, Inc. in federal court in the Northern District of California, alleging misappropriation of trade secrets under the federal Defend Trade Secret Act and California Uniform Trade Secrets Act, breach of contract, professional negligence, and other charges relating to a software audit of Cangrade’s proprietary and confidential software code to be performed by the Company as part of a potential merger. Recently, the court presiding over the case denied the Company’s motion to dismiss in part, allowing the case to move forward.

KSF’s investigation is focusing on whether Synopsys’ officers and/or directors breached their fiduciary duties to its shareholders or otherwise violated state or federal laws.

If you have information that would assist KSF in its investigation, or have been a long-term holder of Synopsys shares and would like to discuss your legal rights, you may, without obligation or cost to you, call toll-free at 1-833-938-0905 or email KSF Managing Partner Lewis Kahn ([email protected]), or visit https://www.ksfcounsel.com/cases/nasdaqgs-snps/ to learn more.

About Kahn Swick & Foti, LLC

KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation’s premier boutique securities litigation law firms. This past year, KSF was ranked by SCAS among the top 10 firms nationally based upon total settlement value. KSF serves a variety of clients, including public and private institutional investors, and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, Delaware, California, Louisiana, Chicago, and a representative office in Luxembourg.

TOP 10 Plaintiff Law Firms – According to ISS Securities Class Action Services

To learn more about KSF, you may visit www.ksfcounsel.com.

CONNECT WITH US: Facebook || Instagram || YouTube || TikTok || LinkedIn

Kahn Swick & Foti, LLC

Lewis Kahn, Managing Partner

[email protected]

1-877-515-1850

1100 Poydras St., Suite 960

New Orleans, LA 70163

KEYWORDS: United States North America California New York Louisiana

INDUSTRY KEYWORDS: Class Action Lawsuit Professional Services Legal

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Tri Pointe Homes Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Tri Pointe Homes, Inc. – TPH

Tri Pointe Homes Investor Alert: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Tri Pointe Homes, Inc. – TPH

NEW YORK & NEW ORLEANS–(BUSINESS WIRE)–
Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Tri Pointe Homes, Inc. (NYSE: TPH) to Sumitomo Forestry Co., Ltd. Under the terms of the proposed transaction, shareholders of Tri Pointe will receive $47.00 in cash for each share of Tri Pointe that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.

If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn ([email protected]) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nyse-tph/ to learn more.

To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.

CONNECT WITH US: Facebook || Instagram || YouTube || TikTok || LinkedIn

Lewis S. Kahn, Managing Partner

855-768-1857

[email protected]

Kahn Swick & Foti, LLC

1100 Poydras St., Suite 960

New Orleans, LA 70163

KEYWORDS: United States North America Louisiana New York

INDUSTRY KEYWORDS: Class Action Lawsuit Professional Services Legal

MEDIA:

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Leishen Energy Holding Co., Ltd. Announced Fiscal Year 2025 Financial Results Highlighting Strong Operating Cash Flow and Low Financial Leverage

BEIJING, Feb. 15, 2026 (GLOBE NEWSWIRE) — Leishen Energy Holding Co., Ltd. (“Leishen Energy,” the “Company”) (Nasdaq: LSE) announced its fiscal year 2025 financial results on January 30, 2026, reflecting a transition period: core operating performance weakened, but the Company strengthened its financial foundation through the IPO, reduced leverage, and improved liquidity. The Company’s cash position and low debt levels provide flexibility to address operational challenges, while continued improvements in asset quality help mitigate financial risks.

Fiscal Year 2025 Financial Highlights

Total revenues declined from USD $63.5 million to USD $48.3 million due to the economic downturn, particularly the overall sluggishness in the oil and gas market, coupled with customers’ cost pressures, weaker market demand, and the impact of the China-US trade tensions. The Company continues to expand into overseas markets and domestic natural gas trading businesses as part of its long-term growth strategy.

Gross profit fell from USD $16.0 million to USD $8.5 million due to revenue declines and persistent cost pressures.

Operating Expenses increased from USD $8.5 million to USD $10.2 million, largely due to higher selling and marketing costs associated with international market expansion, as well as increased research and development.

Net Income remains positive due to strong non-operating gains, including short-term investment income and gains from disposal of equity investments.

Net Income Attributable to Leishen Energy was USD $1.25 million, reflecting a decrease of USD $6.84 million year-over-year.

Segment Performance

  1. Clean-Energy Equipment

    • Revenue from clean-energy equipment sales accounted for 45.7% of our revenues. Revenue from clean-energy equipment sales decreased by $11,742,904 from $33,816,111. The decrease was mainly due to a decline in market demand, driven by the broader economic downturn. In addition, intensified domestic competition and customer cost-control measures led to a 10% to 40% reduction in selling prices for certain standardized products. The Company is actively pursuing the international market currently to drive future growth.
  2. Digitalization and Integration Equipment

    • Revenue was USD $2.73 million, reflecting a modest year-over-year decline. Gross margin improved to 4.4% due to the implementation of effective cost control initiatives.
  3. New Energy Sales

    • Revenue from New Energy sales accounted for 40.4% our revenues. The decrease was mainly due to the expiration of sales agreement with a major client. We are actively pursuing renewal of the agreement and expanding our customer base in the natural gas trading business.
  4. Oil and Gas Engineering Technical Services

    • Revenue was USD $4.0 million, representing for 8.2% of our revenue.
    • This business segment is a key focus for the company, and the Company will continue to invest in this area to expand the scope and depth of the engineering and technical services. The Company expects that this segment will account for an increasing share of total revenue in the future.

Management Commentary

Hongliang Li, Chief Executive Officer of Leishen Energy, stressed that, “Although our revenue and profitability declined during fiscal year 2025 due to macroeconomic challenges, including the global economic slowdown and China-U.S. trade tensions, we remain confident in our long-term competitiveness and strategic positioning. The fiscal year represented a period of transition rather than a reflection of our core capabilities. We are actively expanding our market presence and strengthening our operational resilience, and we believe our efforts will deliver improved performance in the coming year.”

Zhiping Yu, CFO, commented: “We are actively pursuing growth in both domestic and international markets. Looking ahead, we plan to invest more in R&D and international collaboration to strengthen our fundamentals. Although short-term shareholder returns may be affected by current market conditions, we are focused on our long-term capital strategy. By prioritizing key growth areas, we are confident in our ability to enhance future financial performance.”

Business Outlook

The Company plans to advance the following strategic priorities in fiscal year 2026 and beyond:

    • International Expansion: Pursue overseas opportunities across Central Asia, Southeast Asia, and the Middle East, including the development of joint spare parts warehouses with major oilfields and the delivery of power plant operation and maintenance projects in Middle East.
    • Technology and Innovation: Increase investment in R&D to further strengthen the Company’s patent portfolio, which currently includes 125 patents spanning clean-energy equipment, oil and gas engineering services, and new energy production and operations.
    • Customer Diversification: Deepen engagement with long-standing domestic clients while building a stronger international pipeline, with a focus on digital solutions and integrated equipment sales.
    • Operational Efficiency: Enhance cost control measures, reinforce supply chain management, and establish new supplier partnerships to better mitigate inflationary pressures and operational disruptions.
    • Strengthening Partnerships with World-Leading Technology Brands: The Company will foster deeper collaboration with internationally renowned brands by integrating their advanced technologies and securing market support for spare parts and services. This strategy is designed to uphold superior product quality and sustain the competitiveness of our core products.

About Leishen Energy Holding Co., Ltd.

Leishen Energy is a provider of clean-energy equipment, digitalization and integration solutions, new energy sales, and oil and gas engineering technical services. The Company is committed to driving innovation and sustainable growth across the energy sector.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve risks and uncertainties that could cause actual results to differ materially. Leishen Energy undertakes no obligation to update any forward-looking statements except as required by law.

For more information, please contact:

Investor Relations Department

Email: [email protected]



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AlloyX and Bahrain FinTech Bay Announce Strategic Partnership to Accelerate Stablecoin Innovation

MANAMA, Bahrain, Feb. 15, 2026 (GLOBE NEWSWIRE) — AlloyX Limited (the “Company” or “AlloyX”) today announced a strategic partnership with Bahrain FinTech Bay to drive innovation and accelerate the adoption of regulated stablecoin applications, further strengthening Bahrain’s position as a regional hub for digital finance.

Xavier George, Managing Director of AlloyX (left) and Bader Sater, Chief Executive Officer of Bahrain Fintech Bay (right)

Under the collaboration, AlloyX will work with Bahrain FinTech Bay’s innovation ecosystem to explore and collaborate on next generation stablecoin application scenarios, along with leading global and regional payments and technology partners. The partnership coincides with AlloyX’s ongoing plans toward gaining regulatory approval and subsequent market launch of Stablecoin.

Dr. Thomas Zhu, Co-Founder and CEO of AlloyX, said: “This partnership with Bahrain FinTech Bay aligns closely with our vision for the future of digital finance. We are committed to building compliant and scalable stablecoin solutions in Bahrain, driving tangible benefits for the GCC region and its global counterparts.”

Xavier George, Managing Director of AlloyX, added:
“As we accelerate our leadership position in the region, this strategic collaboration lays a strong foundation for future innovations to come. We appreciate the amazing support from the Bahrain FinTech Bay leadership team as we progress toward the launch of our stablecoin.”

Group Photo of representatives of Bahrain Fintech Bay and AlloyX Limited

About AlloyX Limited:

A subsidiary of Solowin Holdings (Nasdaq: AXG), AlloyX Limited serves as a bridge between traditional finance and the digital assets ecosystem as a global integrated financial services institution. The Company operates across stablecoin payments, tokenization service, digital brokerage, and on-chain financial infrastructure. By integrating traditional brokerage and banking systems with blockchain technology, AlloyX delivers secure, efficient, and auditable digital financial solutions for institutions. Backed by leading international investors, we are building the next generation digital financial infrastructure empowering the global transition toward a regulated digital economy.

For more information, visit the Company’s website at https://www.alloyx.com or please visit: www.alloyx.com.

About Bahrain FinTech Bay (BFB):

Founded in 2018, Bahrain FinTech Bay (BFB) is the Kingdom’s leading ecosystem builder, dedicated to advancing innovation and collaboration across financial services. It incubates impactful and scalable fintech initiatives through innovation labs, acceleration programs, curated activities, and educational opportunities.

As an ecosystem builder, BFB plays a pivotal role in driving the growth and maturity of Bahrain’s fintech ecosystem by fostering connectivity between government bodies, financial institutions, corporates, consultancy firms, universities, associations, venture capital firms, and fintech startups. Through its ecosystem-building initiatives, BFB continues to support the Kingdom’s vision to position Bahrain as a regional hub for fintech innovation and digital transformation.

Bahrain FinTech Bay is a subsidiary of The BENEFIT Company.

For more information, please visit BFB’s website: www.bahrainfintechbay.com.

Contact

Charlotte Qi
[email protected]

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/56fa73fe-0c21-4cd8-81dd-7fea4779f0a2
https://www.globenewswire.com/NewsRoom/AttachmentNg/7a155719-62b5-44af-a64c-55964c2aa12a



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ORCL COURT DEADLINE: BFA Law Notifies Oracle Corporation Faces Securities Fraud Allegations Over AI Spend – BFA Law Notifies Investors of the April 6 Class Action Deadline

NEW YORK, Feb. 15, 2026 (GLOBE NEWSWIRE) — Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Oracle Corporation (NYSE:ORCL) and certain of the Company’s senior executives for securities fraud after significant stock drops resulting from the potential violations of the federal securities laws.

If you invested in Oracle, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/oracle-class-action-lawsuit.

Investors have until April 6, 2026 to ask the Court to be appointed to lead the case. The complaint asserts claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Oracle common stock. The case is pending in the U.S. District Court for the District of Delaware and is captioned Barrows v. Oracle Corporation, et al., No. 1:26-cv-00127.

Why is Oracle Being Sued for Securities Fraud?

Oracle sells database software, enterprise applications, and cloud infrastructure and hardware. In recent years, Oracle has shifted its focus from providing database software to becoming a provider of cloud infrastructure. Today, Oracle is increasingly focused on supplying the cloud computing infrastructure necessary to train and deploy advanced AI models.

Oracle allegedly misled investors by touting data center development contracts to build AI infrastructure while falsely assuring investors that Oracle’s significant and growing CapEx required to build out its AI capabilities, would rapidly translate to “accelerating revenue and profit growth” and that “we have a very good line-of-sight for our capabilities to . . . just spend on that CapEx right before it starts generating revenue.”

As alleged, in truth, Oracle’s AI strategy was drastically increasing the company’s CapEx without producing meaningful near-term revenue. The ballooning CapEx without offsetting revenue created risks to Oracle’s debt and credit rating, free cash flow, and ability to fund its projects.

Why did Oracle’s Stock Drop?

Investors allegedly learned the truth over a series of disclosures in September and December 2025. Most prominently, on December 10, 2025, Oracle reported 2Q 2026 revenue growth below analyst expectations, CapEx well above analysts’ expectations, and negative free cash flow of more than $10 billion. Oracle also failed to increase its revenue projections for 2026, despite the increase in spending, and only increased its revenue projections for 2027 by $4 billion. This news caused the price of Oracle stock to drop $24.16 per share, or nearly 11%, from a closing price of $223.01 per share on December 10, 2025, to $198.85 per share on December 11, 2025.

Click here for more information:

https://www.bfalaw.com/cases/oracle-class-action-lawsuit

.

What Can You Do?

If you invested in Oracle, you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis, there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:


https://www.bfalaw.com/cases/oracle-class-action-lawsuit

Or contact:
Adam McCall
[email protected]
212.789.3619

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.


https://www.bfalaw.com/cases/oracle-class-action-lawsuit

Attorney advertising. Past results do not guarantee future outcomes.



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FRMI COURT DEADLINE: Fermi Inc. Faces Securities Fraud Allegations Over Customer Agreement Issues – BFA Law Notifies Investors of the March 6 Class Action Deadline

NEW YORK, Feb. 15, 2026 (GLOBE NEWSWIRE) — Leading securities law firm Bleichmar Fonti & Auld LLP announces that a class action lawsuit has been filed against Fermi Inc. (NASDAQ:FRMI), certain of the Company’s senior executives and directors, and underwriters of Fermi’s Initial Public Offering after a significant stock drop resulting from potential violations of the federal securities laws.

If you invested in Fermi, you are encouraged to obtain additional information by visiting: https://www.bfalaw.com/cases/fermi-inc-class-action-lawsuit.

Investors have until March 6, 2026, to ask the Court to be appointed to lead the case. The complaint asserts securities fraud claims under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 on behalf of investors in Fermi securities, as well as claims under Sections 11 and 15 of the Securities Act of 1933 on behalf of investors who purchased or acquired Fermi common stock pursuant and traceable to the Company’s Initial Public Offering. The case is pending in the U.S. District Court for the Southern District of New York and is captioned Lupia v. Fermi Inc., et al., No. 1:26-cv-00050.

Why is Fermi Being Sued for Violations of the Federal Securities Laws?

Fermi is an energy and AI infrastructure company that purportedly intends to build multiple, large scale nuclear reactors to support its own network of large, grid-independent data centers powered by nuclear and other energy to power AI companies. Fermi’s first project is Project Matador, its flagship, first-of-its kind energy and AI infrastructure campus designed to provide dedicated power for AI workloads.

Fermi completed its IPO in October 2025. In the IPO Registration Statement, Fermi represented that it “entered into a letter of intent . . . with an investment grade-rated tenant (the ‘First Tenant’) to lease a portion of the Project Matador Site . . . for an initial lease term of twenty years.” The Company also represented there was strong demand for Project Matador and that construction of the facility would be funded by “tenant payments” and “lease agreements.” Following the IPO, Fermi announced that the First Tenant entered into an Advance in Aid of Construction Agreement, through which it would advance up to $150 million to Fermi to fund Project Matador construction costs.

As alleged, in truth, Fermi overstated tenant demand for Project Matador and misrepresented the agreement with the First Tenant.

Why did Fermi’s Stock Drop?

On December 12, 2025, Fermi disclosed that “[o]n December 11, 2025, the First Tenant notified the Company that it is terminating the [Advance of Aid of Construction Agreement]” after “[t]he exclusivity period set forward in the letter of intent expired.” Fermi also stated that it had “commenced discussions with several other potential tenants” and “continue[s] to negotiate the terms of a lease agreement at Project Matador” with the First Tenant. This news caused the price of Fermi stock to drop $5.16 per share, or more than 33%, from a closing price of $15.25 per share on December 11, 2025, to $10.09 per share on December 12, 2025.

Click here for more information:

https://www.bfalaw.com/cases/fermi-inc-class-action-lawsuit

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What Can You Do?

If you invested in Fermi, you may have legal options and are encouraged to submit your information to the firm.

All representation is on a contingency fee basis; there is no cost to you. Shareholders are not responsible for any court costs or expenses of litigation. The firm will seek court approval for any potential fees and expenses.

Submit your information by visiting:


https://www.bfalaw.com/cases/fermi-inc-class-action-lawsuit

Or contact:
Adam McCall
[email protected]
212.789.3619

Why Bleichmar Fonti & Auld LLP?

BFA is a leading international law firm representing plaintiffs in securities class actions and shareholder litigation. It has been named a top plaintiff law firm by Chambers USA, The Legal 500, and ISS SCAS, and its attorneys have been named “Elite Trial Lawyers” by the National Law Journal, “Litigation Stars” by Benchmark Litigation, among the top “500 Leading Plaintiff Financial Lawyers” by Lawdragon, “Titans of the Plaintiffs’ Bar” by Law360 and “SuperLawyers” by Thomson Reuters. Among its recent notable successes, BFA recovered over $900 million in value from Tesla, Inc.’s Board of Directors, as well as $420 million from Teva Pharmaceutical Ind. Ltd.

For more information about BFA and its attorneys, please visit https://www.bfalaw.com.


https://www.bfalaw.com/cases/fermi-inc-class-action-lawsuit

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