Key TakeawaysRoyal Bank of Canada (RY) reported a record Q1 net income of CAD 5.79 billion, beating analyst expectations with an adjusted EPS of CAD 4.08 against a CAD 3.85 estimate.Hormel Foods (HRL) delivered an earnings beat with adjusted EPS of $0.34, though net sales of $3.03 billion slightly missed the $3.07 billion consensus.Danske Bank (DANSKE) announced the elimination of 420 positions across seven countries, citing a strategic shift toward automation and digital efficiency.Amazon (AMZN) committed ...

Summary of Infosys Investor AI Day - February 17, 2026 Company Overview - **Company**: Infosys (NYSE: INFY) - **Event**: 2026 Investor AI Day - **Location**: Bengaluru campus Key Industry Insights AI Transition - The current AI transition is fundamentally different from previous technology shifts due to its speed and impact on business operations [4][6][7] - Historical context shows that previous transitions (e.g., PCs, cloud) took longer to reach mass adoption compared to AI, which is rapidly gaining users due to existing infrastructure [5][6] - The AI transition requires a complete overhaul of business operations, moving beyond mere technological upgrades to a fundamental change in how businesses operate [7][8] Legacy System Modernization - Companies can no longer defer the modernization of legacy systems; many are spending 60%-80% of their IT budgets on maintaining outdated systems [9][10] - The need for modernization is driven by financial inefficiencies and increasing security threats [10][11] - AI provides tools for rapid and cost-effective modernization, presenting a significant opportunity for firms like Infosys [11] Deployment Gap - There exists a "deployment gap" where the rapid advancement of AI technology outpaces the ability of enterprises to implement it effectively [17][18] - This gap highlights the need for organizational change, retraining, and a shift in data management practices [17][19] Core Business Strategies AI Services Opportunity - Infosys is actively engaged in AI projects with 90% of its large clients, indicating a robust demand for AI services [32][33] - The company has identified six key areas for growth in AI services: AI strategy and engineering, data for AI, process transformation, legacy modernization, physical AI, and AI trust [36][37] AI-First Value Framework - Infosys has developed an AI-first value framework to guide its service offerings, which includes a detailed breakdown of 30 offerings and 100 sub-offerings [37][38] - The framework emphasizes the integration of AI into existing business processes to drive efficiency and innovation [39] Talent Transformation - Infosys is focusing on reskilling its workforce to meet the demands of AI integration, having recruited 20,000 college graduates in the current year [44][45] - The company aims to build a workforce that is both technically skilled and capable of reimagining workflows [54] Financial Performance - AI services currently represent 5.5% of Infosys's revenue in Q3, with expectations for robust growth in this segment [37] Challenges and Considerations Complexity of AI Integration - Integrating AI into enterprises is complex and requires a deep understanding of existing systems and processes [48][49] - Successful AI implementation involves not just technology but also a cultural shift within organizations [50][51] Unique Client Context - Each enterprise has unique data, processes, and risks, which means AI solutions must be tailored to individual client contexts [52] - Infosys's approach focuses on leveraging its deep client relationships and industry knowledge to unlock value [52] Conclusion - The AI transition presents both challenges and significant opportunities for Infosys and its clients, necessitating a strategic approach to modernization, talent transformation, and AI integration [27][28]

1 February 17, 2026 Convention Center, Infosys Campus, Bengaluru Agenda | Session Name | Speaker | Title | Time (IST) | | | --- | --- | --- | --- | --- | | Tech transitions – Why is the AI transition different? | Nandan Nilekani | Chairman of the Board | 11:00 – | 11:20 AM | | The AI Services Opportunity | Salil Parekh | Chief Executive Officer and Managing Director | 11:20 – | 11:50 AM | | AI Services Playbook | Satish H.C. | Chief Delivery Officer | 11:50 – | 12:20 PM | | | Dinesh Rao | Chief Delivery Off ...

Group 1: Robinhood - Robinhood shares fell approximately 8% in after-hours trading due to a fourth-quarter revenue miss, reporting net revenues of $1.28 billion, below Wall Street's expectation of $1.34 billion [2] - The revenue shortfall was primarily driven by a 38% year-over-year decline in crypto transaction revenue to $221 million, with trading volumes on the core app dropping 52% [2] - Bernstein analysts maintained an Outperform rating with a $160 price target, viewing the revenue weakness as temporary "crypto jitters" and highlighting record predictions markets and plans for tokenization [2] Group 2: Canaan - Canaan's shares dropped roughly 7% despite reporting its strongest quarter in three years, with revenue surging 121% year-over-year to $196.3 million [3] - The revenue increase was driven by a 60% rise in computing power sales and a 98.5% jump in mining revenue, while the company holds a record 1,750 bitcoin in its treasury [3] - Concerns about a potential Nasdaq delisting were exacerbated as the stock price slid to 56 cents, with a warning to raise the share price above $1 by July 13 to remain compliant [3] Group 3: Institutional Adoption - Goldman Sachs reduced its bitcoin ETF holdings by 40% in Q4, indicating a recalibration in its approach to digital assets [4] - Franklin Templeton and SWIFT executives emphasized the future of banking as "24/7 and natively on-chain," with a focus on tokenizing money market funds to lower operational costs [4] - Danske Bank opened access to bitcoin and ether ETFs from BlackRock and WisdomTree for its clients, marking a shift from its previous restrictive stance [4]

🗞️ Need to catch up on the news? Here's our top 10 from today:🔸 Elon Musk announces X Money external beta will launch in the next 1-2 months, aiming to be the central source of all monetary transactions.🔹 US House passes legislation to end Trump’s tariffs on Canada.🔸 Ondo Finance partners with Chainlink as official data oracle to enable tokenized US stocks as DeFi collateral on Ethereum.🔹 Coinbase Developer Platform introduced “Agentic Wallets,” enabling autonomous AI agents to manage funds and transact onc ...

LATEST: 🏦 Danske Bank has ended its 8-year crypto ban and now offers Bitcoin and Ethereum ETPs to customers through its digital platforms, citing increased regulation and growing customer demand. https://t.co/n4R64jDeEV ...

Core Insights - Danske Bank has launched bitcoin and ethereum investment options for retail customers on its electronic trading platforms, allowing clients to trade these cryptocurrencies through mobile and online banking systems [1] - The introduction of these investment options is a response to customer demand for cryptocurrency exposure within their banking services, facilitated by partnerships with BlackRock and WisdomTree [2] - The launch aligns with the European Union's Markets in Crypto-Assets Regulation, which enhances transparency and investor protection, creating a conducive environment for integrating cryptocurrency products [3] Product Classification and Access - The new offerings are classified as non-advisory products and are considered opportunistic investments, aimed at self-directed investors who make their own trading decisions [4] - Customers are required to complete an appropriateness assessment to evaluate their experience and knowledge regarding cryptocurrency trading risks, in compliance with MiFID II regulations [5]

Core Viewpoint - Danske Bank has lifted its eight-year ban on cryptocurrencies, allowing customers to invest in Bitcoin and Ethereum exchange-traded products (ETPs), marking a significant shift in institutional crypto adoption [1][8]. Group 1: Policy Change - Danske Bank now permits investments in Bitcoin and Ethereum ETPs through its online banking platforms, reflecting a major policy shift after nearly a decade of avoiding cryptocurrencies [1][2]. - The decision to lift the ban comes after the bank previously labeled cryptocurrencies as speculative and unsuitable for most investors in 2018 and reaffirmed this stance in 2021 [3]. Group 2: Client Demand and Market Trends - The bank's move is driven by increasing client demand for regulated crypto-backed investment products, as more investors seek to diversify their portfolios with crypto exposure [2][4]. - The head of Investment products at Danske Bank noted a steady rise in inquiries about cryptocurrency investments among clients, influenced by changing customer behavior [5]. Group 3: Regulatory Influence - Improved regulation in Europe, particularly the EU Markets in Crypto-Assets (MiCA) regulation, has contributed to the increased acceptability of digital assets within the mainstream financial sector [6]. - Danske Bank emphasizes that while it offers ETPs, it does not provide advisory services on digital assets, considering them high risk and targeting self-directed investors who understand the associated volatility [7][8].

🔥 JUST IN: Denmark’s largest bank, Danske Bank, ends its 8-year crypto ban, and now offering Bitcoin and Ethereum ETPs to clients. https://t.co/nfaV091zez ...

🚨BULLISH: DENMARK'S LARGEST BANK, DANSKE, TO OFFER $BTC AND $ETH TRADINGDenmark's largest bank, Danske Bank, is set to offer $BTC & $ETH trading for its customers.Bullish! https://t.co/8d9c9iwkDo ...