F/m Investments has filed with the U.S. Securities and Exchange Commission (SEC) for approval to issue tokenized shares of its U.S. Treasury 3-month bill (TBIL) ETF on a permissioned blockchain, the company said January 21, 2026.

The filing seeks to record ownership of TBIL shares—a registered ETF—on a blockchain while maintaining the same CUSIP, investor rights, fees, and voting privileges. The structure would allow the ETF to operate across traditional brokerages and digital platforms using a single share class, without altering its investment objective or mechanics. Unlike unregistered digital tokens, F/m’s approach adheres to the Investment Company Act of 1940.

CEO Alexander Morris stated tokenization is inevitable in securities markets, emphasizing the importance of regulatory oversight. “The question is whether it happens inside the regulatory framework investors have relied on for 85 years, or without that set of protections,” he said. Coinbase and Nasdaq are also pursuing tokenized securities initiatives with U.S. regulators.

CACI International (NYSE:CACI) missed Q4 CY2025 revenue estimates despite posting a 5.7% year-over-year sales increase to $2.22 billion, falling short of Wall Street expectations. The company reported non-GAAP EPS of $6.81, 4.9% above consensus, and issued full-year revenue guidance of $9.4 billion at the midpoint, in line with analyst projections.

Backlog reached $32.8 billion, growing 11.5% annually over the past two years, matching revenue trends. However, both revenue and backlog missed analyst forecasts, contributing to a flat market reaction post-earnings, with shares at $634.75. Operating margin held steady at 9.3%, consistent with prior-year levels, while five-year EPS growth has averaged 11.4%—outpacing revenue due partly to a 13% share count reduction from buybacks.

Analysts project 7.8% revenue growth over the next 12 months, down from recent two-year annualized growth of 12.2%. Full-year EPS is expected to reach $28.29, up 4.2%. CEO John Mengucci cited strong execution and free cash flow generation as drivers of shareholder value.

CACI International (CACI) reported fiscal second-quarter adjusted earnings of $6.81 per share on February 19, 2026, surpassing the Zacks Investment Research consensus of $6.41 per share among eight analysts.

Net income reached $123.9 million, or $5.59 per share, on revenue of $2.22 billion, slightly below the expected $2.27 billion. The Reston, Virginia-based defense contractor reaffirmed its full-year guidance, projecting earnings between $28.25 and $28.92 per share and revenue between $9.3 billion and $9.5 billion.

Year-to-date, CACI shares have risen 19%, reaching $632.56 in late trading on February 19, up 36% over the past 12 months.

Banner Corp (BANR) reported fourth-quarter net income of $51.2 million, or $1.49 per share, with adjusted earnings at $1.55 per share, surpassing the Zacks Investment Research consensus of $1.46.

The Walla Walla, Washington-based regional bank generated $220.2 million in revenue, though its adjusted revenue of $167.7 million fell short of the $170.3 million expected by analysts. For the full year, Banner reported profit of $195.4 million and revenue of $660.7 million.

Despite a 6% year-to-date gain, BANR shares dropped slightly over 6% in the past 12 months, trading at $66.22 in late Wednesday sessions.

TrustCo Bank Corp NY (TRST) reports increased fourth-quarter profit, driven by higher net interest income and improved loan demand. Results were released on January 21, 2026.

Net income for the quarter ended December 31, 2025, rose to $27.8 million, or $0.30 per diluted share, compared to $25.1 million, or $0.27, in the same period a year earlier. The bank attributed the growth to a 6% annualized increase in average loans outstanding and tighter cost controls.

Net interest margin expanded to 3.48% from 3.31% in the prior-year quarter, reflecting favorable deposit pricing trends and asset mix improvements. Total assets reached $12.4 billion as of December 31, 2025, up 4% year-over-year. Nonperforming assets remained low at 0.43% of total loans.

Chairman and CEO Robert E. McCormick cited disciplined balance sheet management and organic lending expansion as key drivers of performance.

Kinder Morgan (KMI) reports fourth-quarter 2025 earnings, with net income rising to $532 million, or $0.24 per share, up from $487 million, or $0.22 per share, in the same period last year. The increase reflects higher transportation volumes and improved operational efficiency across its natural gas pipeline network.

Revenue for the quarter totaled $4.91 billion, a 6% year-over-year increase, driven by higher demand for energy infrastructure services. Full-year 2025 net income reached $2.1 billion on $19.3 billion in revenue. The company maintained its quarterly dividend at $0.30 per share, consistent with its 2025 distribution policy.

Kinder Morgan cited stable cash flows from long-term contracts and minimal exposure to commodity price volatility as key strengths. Management affirmed its 2026 capital expenditure plan of $2.8 billion, focused on maintenance and expansion of core assets.

NVE Corp. (NVEC) reported net income of $3.4 million, or 70 cents per share, for its fiscal third quarter ended January 2026.

The Eden Prairie, Minnesota-based nanotechnology company posted revenue of $6.2 million for the period, according to data released on January 21, 2026.

The results reflect continued steady performance in NVE’s core operations focused on magnetic sensors and semiconductor devices.

Native American tribes claim Kalshi is diverting casino revenue by offering unlicensed prediction markets in Connecticut, according to an amicus brief filed in a December 2025 lawsuit. The Indian Gaming Association and 16 federally recognized tribes argue the platform violates the Indian Gaming Regulatory Act by operating without tribal consent.

Kalshi sued the Connecticut Department of Consumer Protection after receiving cease-and-desist orders alongside Robinhood and Crypto.com, which demanded they halt offering sports event contracts to state residents. The regulator labeled the activities as unlicensed gambling.

The amicus brief echoes a July 2025 lawsuit by California tribes—Blue Lake Rancheria, Chicken Ranch Rancheria, and Picayune Rancheria—accusing Kalshi of encroaching on tribal gaming rights. Despite not being formal parties, the tribes urge federal courts to block such platforms from siphoning tribal revenues.

Meanwhile, Kalshi’s valuation reached $11 billion following a reported $1 billion funding round. Competitor Polymarket hit $9 billion in value after a strategic investment from Intercontinental Exchange, parent of the NYSE.

F/m Investments has filed with the U.S. Securities and Exchange Commission (SEC) for approval to issue tokenized shares of its U.S. Treasury 3-month bill (TBIL) ETF on a permissioned blockchain, the company said January 21, 2026.

The filing seeks to record ownership of TBIL shares—a registered ETF—on a blockchain while maintaining the same CUSIP, investor rights, fees, and voting privileges. The structure would allow the ETF to operate across traditional brokerages and digital platforms using a single share class, without altering its investment objective or mechanics. Unlike unregistered digital tokens, F/m’s approach adheres to the Investment Company Act of 1940.

CEO Alexander Morris stated tokenization is inevitable in securities markets, emphasizing the importance of regulatory oversight. “The question is whether it happens inside the regulatory framework investors have relied on for 85 years, or without that set of protections,” he said. Coinbase and Nasdaq are also pursuing tokenized securities initiatives with U.S. regulators.

Etsy (ETSY), Upwork (UPWK), Wayfair (W), and Remitly (RELY) climbed in afternoon trading on January 21, 2026, after President Trump suspended planned 10% tariffs on imports from eight European nations, easing fears of a transatlantic trade war.

The move followed a Davos meeting with NATO Secretary General Mark Rutte, where a "framework for a future deal" on Greenland and the Arctic was established. By ruling out military action and delaying tariffs previously set for February 1, the administration reversed market panic that had triggered a 1.4% drop in the S&P 500 earlier in the week. The Nasdaq Composite rose 1.5%, led by tech and semiconductor stocks like Nvidia and AMD, as growth sentiment returned.

With inflation concerns receding, the 10-year Treasury yield declined, supporting higher equity valuations. Etsy gained 6.5% year-to-date but remains 19.3% below its October 2025 high of $75.56, trading at $60.99. Over the past year, the stock has seen 28 moves exceeding 5%, reflecting ongoing volatility.

Stocks including Datadog (DDOG), Wix (WIX), 8x8 (EGHT), Akamai Technologies (AKAM), and Asure Software (ASUR) rose sharply on January 21, 2026, after President Trump suspended planned 10% tariffs on European allies and eased concerns of a transatlantic trade war.

The move followed a Davos meeting with NATO Secretary General Mark Rutte, where a "framework for a future deal" on Greenland and Arctic cooperation was announced. The relief rally boosted growth stocks, sending the Nasdaq Composite up 1.5% and erasing the S&P 500’s 2026 losses. The 10-year Treasury yield declined as inflation fears receded.

Datadog shares gained despite being down 7.7% year-to-date and trading at $123.46, 38.2% below its November 2025 high of $199.72. The stock has seen 18 moves greater than 5% over the past year, reflecting volatility tied to broader tech sentiment. A recent 3% drop followed news that Chinese customs blocked Nvidia’s H200 AI chips, sparking sector-wide concerns over geopolitical fragmentation in semiconductor supply chains.

Carvana, Revolve, Bumble, Shutterstock, and LendingTree shares surged on January 21, 2026, after President Trump suspended planned 10% tariffs on imports from eight European nations, including Germany, France, and the U.K., averting a transatlantic trade conflict.

The move followed a Davos meeting with NATO Secretary General Mark Rutte, where a "framework for a future deal" on Greenland and Arctic cooperation was announced. The administration also ruled out military action, calming markets after Tuesday’s sell-off. The Nasdaq Composite rose 1.5%, and the S&P 500 erased its 2026 losses as growth stocks rebounded. The 10-year Treasury yield declined, supporting equity valuations.

Revolve climbed on the news, adding to its 2.2% year-to-date gain and trading near its 52-week high of $31.78. The stock has seen 29 moves greater than 5% over the past year, reflecting high volatility. Prior to today, shares dropped 5.2% on January 20 after the initial tariff announcement sparked concerns over global trade tensions.

The Trade Desk (TTD), Atlassian (TEAM), and Bandwidth (BAND) surged in afternoon trading Wednesday (January 21, 2026) after President Trump suspended planned 10% tariffs on European allies, easing fears of a transatlantic trade war.

The move followed a Davos meeting with NATO Secretary General Mark Rutte, where a framework for Arctic cooperation was announced. The de-escalation triggered a broad tech-led rally, with the Nasdaq Composite rising 1.5% and the S&P 500 recovering its 2026 losses. The 10-year Treasury yield dipped as inflation concerns eased, supporting growth valuations.

The Trade Desk jumped sharply despite being down 6.2% year-to-date and trading at $35.33—71.6% below its January 2025 high of $124.50. The stock has seen 27 moves greater than 5% over the past year, reflecting volatility amid shifting sentiment around AI and ad-tech demand. Its latest surge follows renewed investor focus on AI infrastructure plays after the CES 2026 conference highlighted sustained momentum in semiconductor and AI markets globally.

Spot gold prices surged to within dollars of $4,900 per ounce on January 21, 2026, driven by lingering geopolitical concerns and renewed investor appetite for safe-haven assets. Though tensions involving U.S. President Donald Trump, European leaders, and Greenland eased slightly, the so-called "debasement trade" returned as investors hedged against dollar weakness and global uncertainty.

Gold recently traded near $4,800, while silver retreated from recent highs. Precious metals outperformed in 2025, with silver up 146% and gold among the top asset classes. JPMorgan’s Nikolaos Panigirtzoglou noted central banks boosted gold reserves in late 2025, potentially raising gold’s share of global reserves to a record ~30%. The U.S. dollar’s share in foreign reserves fell to its lowest in over 25 years.

The U.S. Dollar Index dropped nearly 9% over the past year, contrasting with a more than 75% gain in SPDR Gold Shares (GLD). Investors including Ray Dalio and Jeff Gundlach continue to advocate gold exposure amid rising debt and currency risks.

Domo (NASDAQ:DOMO) shares climbed 7.6% on January 21, 2026, after announcing Yamaha Corporation's adoption of its AI and data platform to modernize global logistics operations. Yamaha’s Logistics Division built a centralized intelligence system on Domo, improving visibility across transportation, inventory, and warehousing.

The integration enabled faster decision-making, earlier risk detection, and eliminated 200 hours of manual work annually. Despite the gain, DOMO remains volatile, with 41 moves exceeding 5% over the past year. The stock is down 26.9% year-to-date and trades at $6.07, 66.7% below its September 2025 high of $18.20. One day earlier, shares dropped 4.6% amid rising U.S.-EU geopolitical tensions over Greenland, which sparked renewed trade war concerns and a broader market "risk-off" shift. Investors in Domo have lost significant value, with a $1,000 investment five years ago now worth $86.02.

The Senate Agriculture Committee is set to hold a markup hearing on January 27, 2026, for a new crypto markets bill expected to favor industry interests, though concerns mount over lack of Democratic backing. The draft, due January 21, avoids classifying crypto developers as regulated financial firms and sidesteps contentious issues like stablecoin yields and illicit finance.

Without bipartisan support, the bill may fail to advance in the full Senate, where at least seven Democratic votes are typically needed. While Chairman John Boozman (R-AR) emphasized transparency and collaboration with Senator Cory Booker (D-NJ), Democrats continue demanding stronger consumer protections, ethics rules, and CFTC commission appointments. Meanwhile, Senator Chuck Grassley (R-IA) insists his Judiciary Committee must weigh in on liability protections.

The White House, under President Donald Trump, signaled strong support, with crypto adviser Patrick Witt stating approval is "a question of when, not if." However, last week’s failed Banking Committee markup—derailed by divided parties, bank lobbyists, and Coinbase’s withdrawal—underscores the fragility of negotiations. Both committees must approve the legislation for it to move forward, leaving significant hurdles ahead despite the accelerated timeline.

The Federal Reserve’s preferred inflation gauge, the core Personal Consumption Expenditures (PCE) price index, rose 2.8% year-over-year in November, unchanged from September’s reading, according to a Wells Fargo Securities consensus estimate.

The data, released January 21, 2026, by the Bureau of Economic Analysis, remains above the Fed’s 2% target. The report covers delayed October and November figures due to disruptions from the October–November 2025 government shutdown, reducing its immediate impact on monetary policy ahead of the January 27–28 FOMC meeting.

Deutsche Bank economist Brett Ryan noted officials will likely await additional data to assess underlying trends, as both PCE and November’s Consumer Price Index were affected by collection issues. While housing market weakness has restrained rent-driven inflation, tariff-related costs continue to pose upward pressure.

The Fed has cut rates at each of its last three meetings amid labor market concerns, despite inflation remaining elevated since 2021.

Farcaster co-founders Dan Romero and Varun Srinivasan are stepping down from daily operations as Neynar acquires the decentralized social protocol’s core assets, including smart contracts, code repositories, and mobile apps, effective immediately.

Neynar, a key infrastructure provider for Farcaster since its inception, will now oversee development, including Clanker, the AI token launchpad. The move follows Farcaster’s failed pivot from a social-first model to in-app wallets and trading in December 2025. Despite raising $150 million in 2024 from Paradigm and a16z, the platform struggled to achieve sustainable user growth.

"This wasn’t an easy decision," Romero said on Wednesday. "After five years, it’s clear Farcaster needs new leadership to reach its potential." Neynar plans to release a builder-focused roadmap in early February 2026, emphasizing developer tools and API expansion over consumer social features.

BitMine Immersion Technologies (BMNR) has committed $200 million to Beast Industries, the company behind YouTube star MrBeast, signaling a strategic push into mainstream digital commerce and financial services. The investment links BMNR’s Ethereum treasury and DeFi expertise with MrBeast’s 450 million-subscriber audience.

The move follows BMNR’s pivot toward Ethereum-centric operations, including a $14.2 billion crypto and cash portfolio as of January 2026, with 4.14 million ETH held—3.43% of Ethereum’s supply. About 659,000 ETH are staked at a 2.81% composite yield. BitMine plans to launch its Made-in-America Validator Network (MAVAN) in 2026.

Despite BMNR’s 81% drop from its July 2025 peak, analysts see upside: B. Riley maintains a $47 target, citing the Beast deal as proof of active capital deployment. The average analyst price target is $48.67, implying 78% upside. BMNR reported $6.1 million in revenue for fiscal 2025, up 84% YoY, and net income of $328.2 million, driven by mining and leasing.

Apple is overhauling Siri into a full AI chatbot called Campos, set for release in September 2026 with iOS 27, iPadOS 27, and macOS 27. The update marks a strategic shift, embedding conversational AI deeply across Apple’s operating systems to compete with OpenAI’s ChatGPT and Google’s Gemini.

Campos will support voice and text input, summarize web content with citations, generate images, analyze files, and control device functions. It will integrate with core apps like Mail, Photos, and Xcode, enabling complex voice-driven tasks. Unlike current Siri, it will interpret on-screen content and personal data while prioritizing privacy—potentially limiting user memory retention.

The chatbot relies on a custom AI model co-developed with Google, based on Gemini 3 and known internally as Apple Foundation Models version 11. Apple plans to host some processing on Google’s TPU servers, paying Google ~$1 billion annually. An interim Siri update arrives in mid-2026 via iOS 26.4, using an earlier model running on Apple’s Private Cloud Compute.

Apple shares rose 1.7% to $250.83; Alphabet gained 2.6% to $330.32 following the news.