Sep 15, 2026 · 5 min
Forgent surges as Waystar weighs a sale and Coinbase retreats
Forgent Jumps, Waystar Rises, Coinbase Drops Ahead of Clarity Act Vote
The episode pairs three distinct market signals with a broader question about whether AI and long-term planning can keep fast-growing cities functional.
- 1Forgent’s strong quarterly results and 256% backlog growth drive a sharp market jump.
- 2Waystar rises as reports emerge that the healthcare technology company is exploring a potential sale.
- 3Coinbase falls as optimism weakens around passage of the Clarity Act, while Dubai frames the smart-city discussion.
Don't miss
Forgent Power’s 256% year-over-year backlog increase provides the clearest numerical signal behind the market’s reaction.
The brief
The episode opens on rapid urbanization and the need for smarter cities, then pivots to three companies whose market moves reflect sharply different catalysts.
Bailey Lipschultz joins the Stock Movers report as Forgent Power jumps after strong fourth-quarter revenue, adjusted EBITDA, and a 256% year-over-year backlog increase.
Waystar rises amid reports that it is exploring a potential sale, while Coinbase declines as optimism fades over passage of the Clarity Act.
The closing discussion broadens the lens: Jacob Greaves, Rohit Krishnan, and Estefanía Tapias examine AI, long-term planning, and Dubai’s response to rapid population growth.
The episode’s central contrast is between immediate market catalysts and the slower infrastructure choices that determine whether expanding cities can remain workable.
What was said on this episode
6 statements · 4 positive · 1 negative · 1 neutral
Forgent Power’s current market capitalization is just below $10 billion.
“market cap right now, just south of $10 billion”
Listen at 1:16
Waystar’s market capitalization is about $5 billion, below its IPO level.
“about a $5 billion market cap, so still well below where it was when it went public”
Listen at 2:13
AI will accelerate and compress processes in smart-city systems.
“AI will allow in the smart city space to compress a lot of things. The speed will change.”
Listen at 3:31
Dubai learned substantially from its sudden population increase.
“Dubai has learned a lot from a sudden increase in population”
Listen at 3:51
Dubai responded very effectively to its sudden population increase.
“they reacted very well to it”
Listen at 3:57
Dubai has a long-term urban planning vision.
“they have a long-term urban planning vision”
Listen at 3:59
Statements are attributed to the speaker as said on the episode and reflect their view at the time, not PodLume's. They are not advice.
Coinbase Global, Inc.
EvercoreBooks & mentions
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