Core Insights - Apple is accelerating the development of three AI-powered wearable devices: smart glasses, a pendant, and AirPods, with the aim of enhancing user experience within its ecosystem [1][2][6] - The pendant and AirPods with expanded AI capabilities could be released as early as this year, while the smart glasses are expected to launch in 2027 [2][6] Product Development - The new devices will be integrated with Apple's Siri digital assistant and linked to the iPhone, emphasizing the company's focus on AI technology [2][6] - Apple CEO Tim Cook highlighted the importance of AI as an operating system-level capability that enhances the overall value of the Apple ecosystem [7] Strategic Partnerships and Acquisitions - Apple acquired Q.ai, an Israeli startup specializing in AI technology for audio, which aligns with its focus on voice interaction and ambient computing [7][8] - A partnership with Google was announced, indicating that future iterations of Apple's Foundation Models will utilize Google's Gemini and cloud technology to enhance Siri and other tools [8] Market Context - The development of these devices comes at a time when competitors like Meta are successfully launching smart glasses, indicating a competitive landscape in the wearable technology market [6]

Core Insights - Wall Street is increasingly recognizing that AI may disrupt a wider range of industries more rapidly than previously anticipated, leading to sell-offs in various sectors beyond technology [1][2][12] Group 1: Market Reactions - Investors are shifting their focus from concerns about AI creating a bubble to fears that it will render many businesses obsolete [2][10] - The sell-off began in early February, triggered by the introduction of new AI products, such as a tax strategy tool from Altruist, which negatively impacted shares of wealth management companies [3][4] - Companies like Salesforce, Charles Schwab, and Blue Owl have seen stock declines as investors worry that AI could soon replicate their offerings [4][8] Group 2: Sector-Specific Impacts - There is a spillover effect affecting various sectors, including legal services, insurance, tax preparation, and financial services, as AI products are introduced [3][6] - Video game stocks have been impacted following the launch of Google Gemini, and real estate stocks are also experiencing sell-offs due to fears of AI disruption [8][9] Group 3: Investor Sentiment - Investors are increasingly concerned about AI risks and are seeking to invest in companies perceived as "AI winners" while avoiding those associated with risks [6][7] - There is a dichotomy in investor sentiment, with some worried about excessive spending on AI by tech companies and others fearing the obsolescence of numerous businesses due to AI [9][10] - The uncertainty surrounding future AI developments makes it difficult to predict market movements, leading to heightened caution among investors [11][12]

Masayoshi Son Cashes Out of Nvidia… Again - Moby BREAKING NEWS SoftBank and Nvidia were over. We all knew it. Now, SEC filings are making it Instagram official. Documents show SoftBank had quietly sold its entire Nvidia stake in October, unloading $5.8 billion worth of shares to fund deeper bets on OpenAI. Clean break. Since that disclosure, Nvidia is down about 7% and heads into its February 26 earnings with analysts still modeling a 67% revenue surge, even as investors debate whether AI spending will e ...

Fundraising Overview - Thrive Capital has raised $10 billion for its new fund, Thrive X, which is the largest fund the firm has ever raised and nearly double the size of its previous fund [2][3] - Of the total amount, $1 billion is allocated for early-stage investments, while the remaining funds are designated for growth-stage investments [2] Investment Strategy - The firm focuses on committing deeply to a small number of founders, emphasizing loyalty to the founders and missions they support [4] - Thrive Capital has a history of significant investments in high-profile companies such as OpenAI, Stripe, and SpaceX, which have seen substantial increases in value [3] Market Implications - The oversubscription of the latest fundraise indicates strong interest from investors, particularly in light of potential IPOs for companies like OpenAI and SpaceX, which could lead to significant capital returns for limited partners [3][5] - The firm has incubated 12 companies, with at least six achieving unicorn status, showcasing its successful track record in nurturing startups [3]

RADNOR, Pa., Feb. 17, 2026 (GLOBE NEWSWIRE) -- The law firm of Kessler Topaz Meltzer & Check, LLP informs investors that the firm has filed a securities fraud class action lawsuit against Oracle Corporation (NYSE: ORCL) (“Oracle” or the “Company”) on behalf of investors who purchased or acquired Oracle common stock between June 12, 2025, and December 16, 2025, inclusive (the “Class Period”). This action, captioned Barrows v. Oracle Corporation, et al., Case No. 1:26-cv-00127-JLH, was filed on February 3, 20 ...

Retail investors will soon have a way to buy into SpaceX and OpenAI through a closed-end fund that plans to list on Nasdaq. https://t.co/GsdF332Gws ...

Anthropic CEO Dario Amodei defected from OpenAI partly because he thought it wasn’t focusing enough on safety, but now his own company is fighting to balance its founding mission with commercial pressure. In an interview with podcast host Dwarkesh Patel, Dario Amodei emphasized that Anthropic faces the same pressure as its competitors to keep innovating and ultimately become profitable “We’re under an incredible amount of commercial pressure and make it even harder for ourselves because we have all thi ...

RT AI Notkilleveryoneism Memes ⏸️ (@AISafetyMemes)OpenAI quietly dropped "safely" and "no financial motive" from its mission https://t.co/offVfkgfxk ...

🚨BREAKING: OPENAI, SPACEX IPOS COULD BREAK S&P 500High-profile debuts from @OpenAI and @SpaceX among companies that could derail $SPY performance if valuations prove unsustainable.Legendary investor Jeremy Grantham warns overheated IPO market poses major threat to U.S. stocks this year. ...

Core Argument - Jeremy Grantham presents a provocative argument suggesting that the U.S. stock market is expected to yield mediocre returns in the current year [1] Group 1 - Grantham's analysis indicates that the market's performance will be hindered by various economic factors [1] - The argument is based on historical data and current market conditions that suggest a lack of strong growth [1] - Grantham emphasizes the importance of understanding market cycles and the potential for stagnation in returns [1]