Hybridan Small Cap Feast: 18 February 2026

18th February 2026 @HybridanLLP Our daily digest of news from UK Small Caps * A corporate client of Hybridan LLP. ** Potential means Intention to Float (ITF) or similar announcement has been made. ***Arranged by type of listing and date of announcement. ****Alphabetically arranged and priced on Share Price and Market Capitalisation during the time of writing on the day of Publication. Dish of the Day Admissions: None Delistings: N...

STARTING SOON: Software Armageddon; What Comes Next?

INVITE - Software Armageddon: What Comes Next?

Wedbush Morning Call - Feb 09 2026 7:06AM

Under Pressure: Rising Japan Tail Risk Amid U.S. Uncertainty

Wedbush Morning Call - Feb 05 2026 6:59AM

The Software Armageddon is Here; 5 Names to Buy in this "Software Gara...

MSFT - We believe that Microsoft is on its way to accelerating cloud and AI monetization, which is going to comprise a bigger piece of Redmond going forward and will ultimately spur growth and margins over the coming years. While Anthropic has seen significant advancements in model performance and

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Salesforce, Inc. and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 26 January 2026 in which we reassessed the appropriateness of the ratings in the context o...

Strix Group - deal completed, debt eradicated

Strix Group has completed the disposal of Billi, receiving net proceeds of £105m after costs and completion account adjustments. The bulk of the proceeds will be utilised in repaying the Group’s indebtedness (£68m as of November 2025) and initiating a £10m share buyback programme. The disposal of Billi and the receipt of the consideration transform the balance sheet, with net cash of c.£35m currently. The return of £10m via a share buyback programme is to commence shortly, with a further distri...

Strix (KETL LN) - Billi divestment completes - Corporate

The disposal of Billi was completed as scheduled on the 30th of January. Zeus introduce new estimates for the on-going business excluding the contribution of Billi. FY26 estimates are complicated by the change to a March year end and the inclusion of 13 months of Billi. FY27, the first clean twelve month period post the year end change and the divestment, shows Revenue of £95m and £9.5m of operating profit. The balance sheet is transformed post deal and Zeus estimate the year end net cash positi...

What returns to expect on Cloud AI?

After a string of multi-GW contracts and capex announcements, the attractiveness of cloud AI returns remains a hot question amongst investors. In this report, we build a simple framework to answer that question. We estimate Cloud AI returns from CSP disclosures and what we know about large real-world contracts, and benchmark them against what we know about the economics of traditional cloud.

Wedbush Morning Call - Jan 28 2026 6:53AM

Daily Recap: WBD/NFLX,LKQ,SKYT/IONQ, LE,HOLX,GME,BOBS,ONL,CCA,PUM,CRM,...

Warner Bros. Discovery, Inc. (WBD - $28.24) and Netflix Inc. (NFLX - $85.70)News Reports Senate Antitrust Panel Chair Raises Concerns Over Pending Merger. According to the WSJ, Senator Mike Lee, chairman of the Senate Judiciary Committee's Subcommittee on Antitrust, Competition Policy & Consume

Salesforce Inc: 1 director

A director at Salesforce Inc sold 3,893 shares at 238.704USD and the significance rating of the trade was 78/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly ...

Debt-Free Reset: Proposed sale of Billi

The proposed disposal of Billi, conditional on shareholder approval, is transformational for the Group. Ahead of any movement in capital allocation, net cash would amount to c£37m on the repayment of all indebtedness. The net consideration of £107m equates to 45p/share, representing a premium to the current share price. Accordingly, we estimate the retained operating business is currently trading on EV/Sales and EV/EBITDA multiples of less than 0.7x and 3x-4x, respectively. Strix Group has rece...

Strix (KETL LN) - Sale of Billi for £110m - Corporate

Strix has this morning announced the proposed disposal of Billi for £110.0m, marking the conclusion of an exceptional investment for the group since acquisition in November 2022. Initially funded through a £13m equity placing and an amortising loan, which has now been repaid, the investment has generated a significant increase in value over the £38m acquisition price. Following the disposal, which remains contingent on shareholder approval, net cash proceeds of £107m are expected, subject to com...

InsiderInsights.com Daily Ratings Report: December 18, 2025

InsiderInsights Ratings of Companies with Open-Market Form 4 Purchases; Sales Filed at the SEC on the date above. We separate the real investment intelligence from the noise. Saving you time, and improving your research process

Bible 3Q25 – Enterprise IT: Legacy and SaaS growth stable, Cloud servi...

Today, we are publishing the Enterprise IT section of our 29th Tech Infrastructure Quarterly Bible. The Tech Bible is a must-read for any tech investor, as it summarizes the quarterly earnings reports from the over 140 companies we track, providing an update on our key perspectives and convictions. Legacy IT spending is stabilizing after a strong 2H24, while public-cloud growth accelerates on broad-based strength across AI and traditional workloads. SaaS revenue growth remains in the low-teens ...

InsiderInsights.com Daily Ratings Report: December 13, 2025

InsiderInsights Ratings of Companies with Open-Market Form 4 Purchases; Sales Filed at the SEC on the date above. We separate the real investment intelligence from the noise. Saving you time, and improving your research process

Servicenow Inc: 1 director

A director at Servicenow Inc sold 415 shares at 850.000USD and the significance rating of the trade was 50/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly sh...