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The Cosmos network consists of many independent, parallel blockchains, called zones, each powered by classical Byzantine fault-tolerant (BFT) consensus protocols like Tendermint. Some zones act as hubs with respect to other zones, allowing many zones to interoperate through a shared hub. The architecture uses classic BFT and Proof-of-Stake algorithms, instead of Proof-of-Work. Cosmos can interoperate with multiple other applications and cryptocurrencies, something other blockchains can’t do well. By creating a new zone, you can plug any blockchain system into the Cosmos hub and pass tokens back and forth between those zones, without the need for an intermediary.  While the Cosmos Hub is a multi-asset distributed ledger, there is a special native token called the atom. ATOM have three use cases: as a spam-prevention mechanism, as staking tokens, and as a voting mechanism in governance.  As a spam prevention mechanism, ATOM are used to pay fees. The fee may be proportional to the amount of computation required by the transaction, similar to Ethereum’s concept of “gas”. Fee distribution is done in-protocol and a protocol specification is described here.  As staking tokens, ATOM can be “bonded” in order to earn block rewards. The economic security of the Cosmos Hub is a function of the amount of ATOM staked. The more ATOM that are collateralized, the more “skin” there is at stake and the higher the cost of attacking the network. Thus, the more ATOM there are bonded, the greater the economic security of the network.  Atom holders may govern the Cosmos Hub by voting on proposals with their staked ATOM.

Cosmos

Cosmos (ATOM) is trending as the community debates its long-term viability and tokenomics amid a broader discussion on the future of the Inter-Blockchain Communication (IBC) protocol. Investors are actively sharing polarized perspectives, with some highlighting the potential of the Cosmos ecosystem's interoperability and staking rewards, while others express frustration over recent price performance and skepticism regarding its competitive position against other layer-1 networks.

Zebec's integrated products - real time payroll apps, on-chain payments infrastructure and networked DePIN - serve companies of all sizes, merchants and individuals and help transcend the boundaries of traditional banking and diminish the role of financial intermediaries.

Zebec Network

Zebec Network is capturing attention as community members anticipate a potential Coinbase listing and potential partnerships following the completion of its token unlocks. Investors are actively discussing the protocol's real-time payroll utility and deflationary mechanics, with many maintaining a bullish outlook for its long-term adoption despite short-term price fluctuations.

Ethereum is a global, open-source platform for decentralized applications. In other words, it is a decentralized blockchain platform that enables developers to build and deploy smart contracts and applications without central authority control. Unlike Bitcoin, which primarily functions as digital currency, Ethereum operates as a programmable global computer where developers can create any type of decentralized service.   The platform hosts over $14 billion in DeFi applications with hundreds of thousands of active users across financial protocols, NFT marketplaces, and gaming platforms. Its transition to Proof of Stake in September 2022 reduced energy consumption by over 99%, addressing environmental concerns while strengthening network security.  The network operates through thousands of independent validator nodes that process transactions and execute smart contracts on the Ethereum Virtual Machine. Smart contracts are self-executing programs written in Solidity that automatically carry out agreements when conditions are met, eliminating intermediaries like banks or brokers.   Validators stake ETH as collateral to propose and validate blocks, earning rewards for honest participation while facing penalties for malicious behavior. The EIP-1559 upgrade introduced a dynamic base fee mechanism that burns ETH with each transaction, creating deflationary pressure during high network activity when more ETH is burned than issued to validators.  Vitalik Buterin proposed Ethereum in 2013, but seven co-founders helped build it, including Gavin Wood who created Solidity and the EVM technical specification, and Joseph Lubin who founded ConsenSys. The project launched in July 2015 after raising over $18 million through crowdfunding, quickly becoming the largest blockchain developer community. Major milestones include the 2020 Beacon Chain launch, the 2021 London hard fork implementing fee burning, and the 2022 Merge to Proof of Stake.   Ether (ETH) serves multiple functions: paying transaction fees (gas), staking to secure the network and earn 3-5% annual yields, serving as collateral in DeFi protocols, and purchasing NFTs and digital assets. The asset is increasingly adopted by traditional institutions, with publicly traded companies adding ETH to corporate treasuries to generate staking yields while maintaining blockchain exposure, and in 2024, the SEC approved spot Ethereum ETFs, allowing traditional investors to gain exposure through conventional brokerage accounts.  Ethereum's roadmap focuses on dramatically increasing transaction capacity to over 100,000 per second, reducing confirmation times, and enhancing decentralization while maintaining security against future threats like quantum computing.

Ethereum

Ethereum is currently caught in a broader market tug-of-war, with investors closely watching geopolitical tensions and shifting institutional sentiment. Community discussion is heavily divided between those betting on long-term accumulation and those fearful of potential downside pressure linked to broader macroeconomic instability.

$RARI is an ERC-20 token that controls the RARI Foundation treasury and governs the Rarible protocol and RARI Chain. The token was issued in 2020 with a max. supply of 25 million $RARI.

Rarible

Rarible is generating significant buzz among traders due to its notably low circulating supply, which community members argue positions the token for potential rapid appreciation if volume picks up. Supporters are highlighting its presence in the NFT and DeFi sectors as a core value proposition, while others express skepticism, warning of the risks inherent in low-cap assets.

XRP is a decentralized digital asset and the native token of the XRP Ledger, a Layer 1 blockchain designed for high-performance global payments. Its primary value proposition is offering a fast, cost-effective alternative to traditional banking systems by enabling near-instant cross-border settlements that finalize in three to five seconds. By serving as a neutral bridge asset between different fiat currencies, it helps financial institutions lower liquidity costs and eliminates the need for pre-funded accounts.  The network is unique because it utilizes a federated consensus protocol instead of energy-intensive mining or staking. This system achieves deterministic finality through a Unique Node List of trusted validators who must reach an eighty percent agreement threshold to permanently record transactions. This infrastructure supports a sustained throughput of 1,500 transactions per second and includes a built-in decentralized exchange that allows for the automated trading of any tokenized asset without intermediaries.  The project traces its origins back to 2004 with Ryan Fugger before being co-founded in its modern form by Jed McCaleb and Chris Larsen. The company, now known as Ripple, works with major financial institutions as partners and investors to build global payment solutions. To protect the network from spam, a small amount of XRP is burned during every transaction, and the token is further utilized by institutions as collateral to access traditional markets and manage digital asset infrastructure.  Institutional adoption of the asset reached a major milestone in November 2025 when the SEC approved the first wave of spot XRP ETFs. These products, offered by major issuers including Bitwise, Grayscale, 21Shares, Canary Capital, and Franklin Templeton, are now listed on prominent exchanges like the NYSE Arca, Nasdaq, and Cboe BZX. While Ripple remains a key contributor to the ecosystem, the underlying XRP Ledger continues to operate as an open-source and decentralized network.

Ripple

XRP is trending amid intense community debate over institutional integration rumors, specifically concerning SWIFT connectivity and the potential for regulatory clarity, while sentiment remains deeply polarized between retail holders anticipating utility-driven gains and skeptics dismissing the token as stagnant or manipulative.

Strategy, Inc. engages in the provision of enterprise analytics and mobility software. The firm designs, develops, markets, and sells software platforms through licensing arrangements and cloud-based subscriptions and related services. Its product packages include Hyper. The company was founded by Michael J. Saylor and Sanjeev K. Bansal on November 17, 1989, and is headquartered in Tysons Corner, VA.

Strategy Inc. - Ordinary Shares - Class A

Strategy

MicroStrategy is experiencing heightened volatility and aggressive debate among traders as it reacts to shifting Bitcoin price action and broader market uncertainty. Community sentiment is deeply polarized, with bulls focusing on institutional adoption and accumulation potential, while bears highlight risks surrounding dilution, debt, and the company's heavy reliance on crypto market cycles.

Okta, Inc. engages in the provision of an identity management platform for enterprises. It operates through the United States and International geographical segments. The firm's products include single sign-on, multi-factor authentication, access gateway, API access management, authentication, adaptive MFA and lifecycle management. The company was founded by Todd McKinnon and J. Frederic Kerrest in 2009 and is headquartered in San Francisco, CA.

Okta Inc - Ordinary Shares - Class A

Okta Inc

Okta is trending as investors weigh its upcoming earnings against concerns over slowing growth and competition in the cybersecurity sector. While some market participants express frustration over recent price volatility and bearish sentiment, others are closely tracking analyst sentiment regarding AI-driven identity security and potential long-term opportunities.

Tarsus Pharmaceuticals, Inc. is a clinical-stage biopharmaceutical company, which focuses on the development and commercialization of therapeutic candidates. Its product candidate, TP-03, is a novel therapeutic in Phase 2b/3 that is being developed for the treatment of blepharitis caused by the infestation of Demodex mites, which is referred to as Demodex blepharitis. It is also developing TP-04 for the potential treatment of Ocular Rosacea and TP-05 as an oral tablet for the potential prevention of Lyme disease. The company was founded by Bobak Azamian and D. Michael Ackermann in 2017 and is headquartered in Irvine, CA.

Tarsus Pharmaceuticals Inc

Tarsus Pharmaceuticals is generating significant market interest following a series of analyst price target increases and the recent FDA approval of its flagship drug, Xdemvy, for commercialization in the Greater China region. Investors are actively discussing the company's strong revenue growth trajectory, potential for further international expansion, and its attractiveness as a prospective M&A target due to its blockbuster potential in treating Demodex blepharitis.

Shell Plc engages in the business of producing oil and natural gas. It operates through the following segments: Integrated Gas, Upstream, Marketing, Chemicals and Products, Renewables and Energy Solutions, and Corporate. The Integrated Gas segment includes liquefied natural gas, and conversion of natural gas into gas-to-liquids fuels. The Upstream segment focuses on exploration and extraction of crude oil, natural gas, and natural gas liquids. The Marketing segment is involved in mobility, lubricants, and sectors and decarbonization businesses. The Chemicals and Products segment consists of chemicals manufacturing plants with marketing network and refineries, which turn crude oil and other feedstocks into a range of oil products. The Renewables and Energy Solutions segment provides renewable power generation, marketing, trading, and optimizing power and pipeline gas, as well as carbon credits and digitally enabled customer solutions. The Corporate segment covers non-operating activities supporting Shell such as holdings, treasury organization, self-insurance activities, and headquarters and central functions. The company was founded in February 1907 and is headquartered in London, the United Kingdom.

Shell Plc - ADR (Representing - Ordinary Shares)

Surrozen, Inc. is a clinical stage biotechnology company, which engages in the business of discovering and developing drug candidates to selectively modulate the Wnt pathway, a critical mediator of tissue repair, in a broad range of organs and tissues. The company was founded by K. Christopher Garcia and Roeland Nusse on August 12, 2015 and is headquartered in South San Francisco, CA.

Surrozen Inc

Surrozen is actively trending as investors monitor potential buyout interest and upcoming pipeline milestones involving its Wnt-modulating ophthalmology assets, with the community closely tracking coordinated institutional buying from The Column Group. Retail sentiment remains focused on the company's potential to capitalize on the high-demand Wnt pathway sector, despite ongoing discussions regarding institutional share accumulation and the strategic rationale behind its recent capital raising and lease restructuring.

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Dalmia Cement to Source 8.1 MW of Wind Power from Ultra Mega Power

Dalmia Cement (Bharat), a wholly owned subsidiary of Dalmia Bharat, has entered into agreements with Ventora Energy, a special purpose vehicle (SPV) of Ultra Mega Power, to source up to 8.1 MW of captive wind power in Tamil Nadu. Dalmia Cement (Bharat) will acquire 4.42 million equity shares at ₹10 (~$0.11) each, totaling ₹44.2 million (~$471,066), for a 26.6% stake in Ventora Energy. The investment, to be made in one or more tranches, is intended to support the company’s renewable energy requirements.

Brief India: The Indian Solar Fall: What’s Really Behind the 126% US Duty? and more

In this briefing: The Indian Solar Fall: What’s Really Behind the 126% US Duty? Global Active Fund Regional Positioning: US Underweight, EM Rotation, and Europe’s Structural Bias HSIE Results Daily: ABB India Mphasis: Navigating AI-Led Deflation Via Robust TCV. Maintain ADD Dalmia Bharat: Healthy Demand Outlook, Expansions on Track. Maintain BUY 1. The Indian Solar Fall: What’s Really Behind the 126% US Duty? The United States government imposed a new 126% preliminary countervailing duty on solar cell imports from India to penalise alleged unfair manufacturing subsidies Despite an initial stock market crash, the actual business impact remains minimal because major Indian manufacturers strategically utilise imported non-Indian cells for US exports The long-term sector outlook remains highly robust , driven by massive domestic solar demand, supportive government policies, and expanding local integrated manufacturing capacities 2. Global Active Fund Regional Positioning: US Underweight, EM Rotation, and Europe’s Structural Bias Global portfolios remain structurally underweight the US while maintaining a persistent overweight to developed Europe.

Brief India: Global Active Fund Regional Positioning: US Underweight, EM Rotation, and Europe’s Structural Bias and more

In this briefing: Global Active Fund Regional Positioning: US Underweight, EM Rotation, and Europe’s Structural Bias HSIE Results Daily: ABB India Mphasis: Navigating AI-Led Deflation Via Robust TCV. Maintain ADD Dalmia Bharat: Healthy Demand Outlook, Expansions on Track. Maintain BUY Tata Elxsi: Core Growth Revival. Maintain ADD 1. Global Active Fund Regional Positioning: US Underweight, EM Rotation, and Europe’s Structural Bias Global portfolios remain structurally underweight the US while maintaining a persistent overweight to developed Europe. Active capital has rotated toward EM’s Big Four, led by renewed engagement in Taiwan and China. TSMC, Tencent and Alibaba sit at the centre of recent regional rotation across global portfolios. 2. HSIE Results Daily: ABB India ABB India Ltd (ABB) reported a stable quarter with revenue/EBITDA/APAT beat/(miss) of +4.0/5%/in line respectively ABB’s Q4CY25 order inflow (OI) stood at INR 40.9bn (+52%/+19.5%YoY/QoQ) and the backlog (OB) stood at INR 104.7bn as of Dec’25 (0.77x CY25 revenue) ABB plans to expand across 23 segments with a strategic focus on renewables, electronics, data centers, and grid modernization, positioning itself to benefit from an anticipated resurgence in private capex in 2026 supported by favorable policies and trade agreements such as the India-EFTA deal Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only.

Brief India: HSIE Results Daily: ABB India and more

In this briefing: HSIE Results Daily: ABB India Mphasis: Navigating AI-Led Deflation Via Robust TCV. Maintain ADD Dalmia Bharat: Healthy Demand Outlook, Expansions on Track. Maintain BUY Tata Elxsi: Core Growth Revival. Maintain ADD Primer: Kross (KROSS IN) - Feb 2026 1. HSIE Results Daily: ABB India ABB India Ltd (ABB) reported a stable quarter with revenue/EBITDA/APAT beat/(miss) of +4.0/5%/in line respectively ABB’s Q4CY25 order inflow (OI) stood at INR 40.9bn (+52%/+19.5%YoY/QoQ) and the backlog (OB) stood at INR 104.7bn as of Dec’25 (0.77x CY25 revenue) ABB plans to expand across 23 segments with a strategic focus on renewables, electronics, data centers, and grid modernization, positioning itself to benefit from an anticipated resurgence in private capex in 2026 supported by favorable policies and trade agreements such as the India-EFTA deal Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only.

Brief India: India: CA Surplus Likely Despite US Tariffs; Tame Inflation Allows More Rate Cuts and more

In this briefing: India: CA Surplus Likely Despite US Tariffs; Tame Inflation Allows More Rate Cuts Quiddity Leaderboard NIFTY Mar26: Five Changes and US$367mn One-Way Flow NIFTY Next 50 Lucror Analytics - Morning Views Asia Pick of the Week: DOMS Industries - 24th January, 2026 HSIE Results Daily: Dr Reddy’s Laboratories, Supreme Industries, Dalmia Bharat, Gujarat Gas... 1. India: CA Surplus Likely Despite US Tariffs; Tame Inflation Allows More Rate Cuts Merchandise exports grew 3.1%YoY in Oct-Dec'25 despite Trump's 50% tariffs, but imports grew 7.8%YoY. The Apr-Dec'25 goods deficit rose 10.8%YoY, but the services surplus for Apr-Nov'25 expanded 17%YoY. Our estimated CAD for Apr-Dec'25 is US$6bn (0.2% of GDP). Even with a smaller Jan-Mar surplus than last year's US$13.4bn, we expect a FY26 current account surplus (0.1% of GDP). CPI inflation averaged 0.9%YoY in Oct-Dec'25, and will likely average 2%YoY in Jan-Mar'26 (vs RBI forecast of 2.9%YoY). We expect another 50bp of cuts by Jun'26, to a 4.75% repo-rate. 2.

Dalmia Bharat Ltd. is a cement manufacturing company, which engages in the business of inter alia, manufacturing and selling of cement, and refractories and generating power. The company was founded in 1939 and is headquartered in New Delhi, India.

Current Price	1,780.00
Prev Close	1,809.80
Open	1,801.00
Dividend Yield	0.49%
50-Day Moving Average	2,003.13
Beta	0.01
Avg. Volume	246,164.32
PE Ratio	28.38

52-Week High	2,496.30
52-Week Low	1,700.00
Market Capitalization	336.46B
EPS (Annual)	36.42
Price to Book	1.90
Revenue Per Employee	6.04M

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Dalmia Bharat Ltd.

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