A commercial-scale milestone in plant-engineered agriculture and strong profitability gains in gaming hardware drove sharp upside, while a newly listed AI platform stumbled in its market debut.

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Markets

U.S. stocks were mixed as investors remained cautious despite softer January inflation. While lower CPI boosted rate-cut hopes and pushed yields down, lingering volatility in tech and mixed earnings kept sentiment fragile.

  • DJIA [+0.10%]

  • S&P 500 [+0.05%]

  • Nasdaq [-0.22%]

  • Russell 2k [+1.04%]

Market-Moving News

Regulatory

Is Microsoft Too Bundled to Be Fair?

Microsoft Corporation (NASDAQ: MSFT) is facing escalating scrutiny from the U.S. Federal Trade Commission over how it packages and sells its cloud, AI, and security products.

The agency has sent formal requests to at least half a dozen competitors in recent weeks, asking about licensing practices, bundling strategies, and how Microsoft operates across enterprise software and cloud computing.

This is not a new inquiry. It builds on an investigation opened in 2024. But the pace and scope are clearly intensifying.

The Bundle Is the Business

Microsoft has spent years weaving AI, security, identity management, and cloud infrastructure into tightly integrated offerings.

That integration is what makes the platform sticky for enterprise customers and extremely difficult for competitors to displace.

You can see why rivals have been vocal.

When switching costs are built into the licensing structure itself, competition becomes less about building a better product and more about escaping an ecosystem.

Competitors Are Talking

The FTC is not just looking at Microsoft internally. It is actively gathering testimony from the companies that compete against it.

That approach signals a broader interest in how the market functions around Microsoft, not just how Microsoft behaves inside it.

Your picture of this gets clearer when multiple regulators on different continents start asking the same questions.

None of this guarantees enforcement action.

But when you are the largest enterprise software company on earth and regulators start interviewing the competition, the strategic conversation inside the company shifts, whether or not anything is filed.

Sports Entertainment

Gaming, Racing, and Half a Billion Eyeballs Under One Roof

Sports Entertainment Gaming Global Corporation (NASDAQ: SEGG) just agreed to acquire a controlling interest in Veloce Media Group for approximately $61 million, adding one of the most visible digital media operations at the crossroads of sports, gaming, and content.

Veloce pulls in over 500 million views per month and reported $17.5 million in revenue in its latest period.

The deal is expected to close on February 17 and add more than $20 million in annual revenue starting immediately.

The Audience Already Exists

Veloce has built partnerships with brands like McLaren, Revolut, VISA, and Microsoft.

It runs esports teams, content platforms, and a portfolio that reaches a massive global audience already engaged with racing, gaming, and lifestyle content.

You do not often see a company this small acquire an audience this large in a single move.

For SEGG, which operates Sports.com, Concerts.com, and Lottery.com, this deal adds the content engine they have been missing.

Quadrant Brings Culture With It

That is not just a media bolt-on. Your understanding of this acquisition shifts when you realize SEGG is not just buying views.

It is buying a brand that lives where sports fans, gamers, and consumers already spend their time.

SEGG is still a small player by market cap, which makes a $61 million acquisition a significant bet.

But if you stack the assets together, the combined platform starts to look like something much harder to ignore in the digital sports media space.

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Pharmaceuticals

The FDA Said No, So Moderna Said Goodbye

Moderna Inc (NASDAQ: MRNA) is pivoting hard toward international markets after the FDA refused even to review its experimental flu shot, citing problems with the trial design that the agency itself had approved 18 months earlier.

The company now expects roughly half its revenue to come from outside the U.S., up from about 38% last year.

That is a dramatic geographic shift for a company that built its entire business on American soil during the pandemic.

This is Moderna looking at the U.S. landscape and deciding that growth is elsewhere.

The U.K., Canada, and Australia Step Up

Moderna is leaning into government partnerships in countries that are still actively investing in next-generation vaccines.

Its updated COVID shot and pipeline products now have a clearer commercial runway overseas than at home.

You watch a company that helped define the pandemic response in America now finding more welcoming ground in allied nations.

That tells a larger story about where vaccine innovation is supported and where it is not.

mRNA Goes Beyond Vaccines

Moderna is not standing still on product strategy either.

The company is pushing deep into oncology and rare diseases, with an individualized cancer vaccine advancing through late-stage development.

Data could arrive this year, and the outcome could reshape how the market views the entire mRNA platform.

If your view of Moderna has been stuck on COVID boosters, this is the pivot worth following.

The company is betting that the same technology can treat cancer and metabolic disorders, not just prevent infections.

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Top Winners and Losers

Moolec Science SA [MLEC] $8.63 (+69.22%)

Moolec surged after confirming commercial-scale performance of its engineered safflower platform, achieving ~45% GLA concentration and exceeding yield expectations.

Corsair Gaming, Inc [CRSR] $6.79 (+48.34%)

Corsair climbed after delivering double-digit revenue growth, record gross margins, and an 84% jump in adjusted EBITDA, alongside announcing a $50 million share buyback.

Cooper-Standard Holdings Inc [CPS] $45.25 (+32.49%)

Cooper-Standard rose after reporting improved full-year EBITDA and cash flow, with management projecting further margin expansion in 2026.

Braiin Limited [BRAI] $22.28 (-49.97%)

Braiin fell following its Nasdaq direct listing as broader market weakness and listing-related selling pressure weighed on shares despite its commercial AI platform and $73M in revenue.

Upstream Bio Inc [UPB] $8.74 (-31.72%)

Upstream Bio plunged after investors questioned the competitive positioning of its asthma drug, citing weaker efficacy at less frequent dosing despite meeting its primary endpoint.

Disc Medicine Inc [IRON] $55.95 (-21.91%)

Disc Medicine dropped sharply amid biotech sector weakness and heavy volatility, as its pre-revenue status and recent insider selling weighed on sentiment.

Trivia: Which U.S. state was the first to introduce a state income tax (in 1911)?

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Everything Else

That's it for today! Please, write us back, and let us know what you think of the Closing Bell Roundup. We're always eager to hear feedback!

Thanks for reading. I'll see you at the next open! 

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Adam G.
Elite Trade Club

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