Group 1 - The Company, D. Boral Acquisition I Corp., will allow holders of its initial public offering units to separately trade Class A ordinary shares and warrants starting February 25, 2026 [1][2] - The separated Class A ordinary shares and warrants will trade on The Nasdaq Global Market under the symbols "DBCA" and "DBCAW," while units that remain unseparated will trade under the symbol "DBCAU" [2] - A registration statement on Form S-1 for these securities was declared effective by the SEC on January 30, 2026, and the offering was made only by means of a prospectus [3] Group 2 - The Company was formed to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses [5] - The Company intends to pursue acquisition opportunities in various sectors, particularly focusing on technology, healthcare, and logistics, where it believes its management teams' expertise will provide a competitive advantage [5]

Key TakeawaysUS Crude inventories plunged by 9.014 million barrels, a massive surprise compared to analyst expectations of a 1.65 million barrel build, sending oil futures sharply higher.Blue Owl Capital (OWL) halted redemptions at one of its funds, triggering a broader sell-off in private credit stocks as liquidity concerns surfaced.The European Central Bank (ECB) sanctioned JPMorgan Chase (JPM) with a €12.18 million fine for misreporting capital requirements.Mortgage rates continued their downward trend, ...

Corporate America is sending mixed signals to investors. On earnings calls, executives are talking about softer demand, cautious customers, and the risk of a cooling economy. At the same time, many of those same companies are authorizing billions of dollars in share repurchases.This contradiction has become one of the more interesting financial trends of the moment. Buybacks are climbing even as economic confidence weakens. For investors, the question is whether this reflects genuine belief that stocks are ...

Company Overview - Averin Capital Acquisition Corp. is a blank check company formed to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, primarily focusing on opportunities in the technology and health industries [2]. IPO Details - The company announced the pricing of its initial public offering (IPO) of 25,000,000 units at a price of $10.00 per unit, with units expected to be listed on the Nasdaq Global Market under the ticker symbol "ACAAU" starting February 19, 2026 [1]. - Each unit consists of one Class A ordinary share and one-sixth of one redeemable warrant, with each whole warrant allowing the holder to purchase one Class A ordinary share at a price of $11.50 per share [1]. - An amount equal to $10.00 per unit will be deposited into a trust account upon the closing of the offering, which is expected to close on February 20, 2026, subject to customary closing conditions [1]. - The underwriters have been granted a 45-day option to purchase up to an additional 3,750,000 units at the initial public offering price to cover over-allotments [1]. Management Team - The management team is led by David A. Berry as Chairman and Chief Executive Officer, and Alex Lau as Chief Financial Officer and Secretary. The Board of Directors includes Ulrik Schulze, Graeme Bell, and Mary T. Szela [3]. Underwriting - Deutsche Bank Securities Inc. is acting as the sole book-running manager for the offering [3]. Regulatory Information - A registration statement relating to the securities has been filed with the U.S. Securities and Exchange Commission (SEC) and became effective on February 18, 2026 [5]. - The offering is being made only by means of a prospectus, which can be obtained from Deutsche Bank Securities Inc. or accessed via the SEC's website [4].

Market Overview - The S&P 500 is attempting its first three-session win streak since late January, with markets solidly higher [1] - Sector rotation is a significant theme, with investments increasing in energy, technology, consumer discretionary, materials, and financials, while real estate, utilities, and consumer staples are being sold off [1] Economic Indicators - New orders for manufactured durable goods, excluding transportation, increased by 0.9% in December, surpassing estimates of a 0.3% increase [1] - January industrial production rose by 0.7% month over month, exceeding forecasts of a 0.4% increase [1] Company Developments - Alphabet announced the launch of Lyria 3, a generative music model available in its Gemini app, allowing users to create custom 30-second tracks [1] - The introduction of Lyria 3 is expected to enhance the quality of soundtracks for YouTube Shorts, potentially increasing creator engagement on the platform compared to competitors like TikTok and Instagram Reels [1] Upcoming Earnings Reports - Companies reporting quarterly earnings after the market close include DoorDash, Carvana, Occidental Petroleum, Figma, Blue Owl Capital, and Molson Coors Beverage [1] - Before the market opens on Thursday, Walmart, Quanta Services, Deere, and Wayfair are scheduled to report their results [1]

Group 1 - Investors are shifting focus from speculative investments to seeking tangible profits, indicating a more cautious approach in the market [1][2] - The technology sector has shown signs of leveling off due to concerns about profitability and potential business disruptions caused by AI, which has contributed to the market's inability to reach record highs [2] - The recent rally in the Nasdaq highlights investor preference for value stocks, particularly in the context of previously overpriced stocks hindering market performance [3] Group 2 - The 200-day moving average is seen as a critical support level, with a current value of 24379.78, which needs to hold for a potential recovery [4] - Establishing a solid support base is essential for the index to have a better chance of reaching new record highs, as attempts to recover from lower lows have been challenging [5]

1,073,658-$3.013.28%$88.85[Allstate][ALL]• Vol: 624,567-$6.212.92%$206.11 over six decades, Warren Buffett has transformed Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B) from a struggling…]## Wednesday Is Warren Buffett's Last Day. Is Berkshire Hathaway a Buy Without Him? [Rich Duprey | Dec 29, 2025 at 12:03 PM EST Warren Buffett's extraordinary six-decade tenure as CEO of Berkshire Hathaway (NYSE:BRK-A)(NYSE:BRK-B) comes to a close on Wednesday. The 95-year-old legendary…]## Warren Buffett Is About to Retire. ...

Core Insights - UBS raised its 2026 US investment grade issuance forecast to $1.8 trillion, citing increased hyperscaler capital expenditure [1] - The bank's US investment grade technology supply estimate increased to $360 billion, reflecting a significant rise in capital spending from major tech companies [1][2] - UBS maintained its forecasts for US high yield, European investment grade, and European high yield, while reducing its US leveraged loan projection [1][3] Investment Grade Issuance - The forecast for US investment grade issuance was increased due to stronger technology issuance and a rise in mergers and acquisitions, indicating a year-on-year growth of 22% [3] - Year-to-date US investment-grade issuance reached $296 billion, which is 31% higher than the previous year, with technology issuance more than doubling as a share of total supply [4] Hyperscaler Capital Expenditure - Aggregate hyperscaler capital expenditure guidance for 2026 rose by approximately $145 billion, leading to an expected public debt issuance increase of $40 billion to $50 billion [2] - Major companies like Amazon, Meta, and Google significantly raised their capital expenditure guidance, driving total projected hyperscaler capex to around $770 billion, which is about 23% higher than previous estimates [2] Leveraged Loans and Defaults - UBS reduced its leveraged loan forecast to $360 billion, citing concerns over artificial intelligence disruption risks being underpriced in loan and private credit markets [3] - The bank anticipates a marginal rise in leveraged loan defaults by roughly 2% and a spread widening to 610 basis points by the end of 2026, which may dampen refinancing and leveraged buyout activity [4] Reverse Yankee Issuance - UBS expects an increase in reverse yankee issuance, where US technology companies issue bonds in currencies like sterling and Swiss francs to diversify funding sources [5] - Despite hedged yields indicating that US dollar funding remains cheaper, particularly for longer maturities, this strategy is seen as a way to access different investor bases [5] Market Absorption and Positioning - The investment-grade market is believed to be able to absorb the additional supply, supported by muted sovereign and emerging market issuance and relatively tight spreads in structured credit [6] - UBS maintains a short position on US investment-grade technology versus the broader index, cautioning that spreads could widen despite strong demand [6]

Quick Read IBM Was Tech Leader In The 1980s It Was Left Behind in Smartphones And AI Microsoft and Apple Now Lead The Industry A recent study identified one single habit that doubled Americans’ retirement savings and moved retirement from dream, to reality. Read more here. IBM (NYSE: IBM) ranked No. 1 by market capitalization in the US in 1985, according to a study by Axios. By 1995 and 2005, under legendary CEO Jack Welch (who retired in 2001), GE was the world's largest conglomerate and ranked ...

Core Insights - Walmart has achieved a market cap exceeding $1 trillion, marking a 510% increase over the past decade, with cumulative returns closer to 630% when accounting for dividend reinvestments since February 2016 [1][5] Group 1: Company Performance - Walmart's stock has surged over 28% in the past year and over 20% in 2026, significantly outperforming the S&P 500, which is up 12% in the same period [3] - For fiscal 2026 third quarter, Walmart reported a revenue growth of 5.8%, with e-commerce sales increasing by 27% and advertising revenue growing by 53% [5] - The company has guided for full-year sales growth between 4.8% and 5.1% [5] Group 2: Leadership and Strategy - New CEO John Furner, who took over on February 1, has been instrumental in driving growth through initiatives like curbside pickup and private-label expansion [6] - Walmart's inclusion in the Nasdaq 100 indicates a shift in perception, recognizing it as a technology-enabled business rather than just a traditional retailer [4] Group 3: Dividend and Financial Outlook - Walmart has a strong dividend history, having raised its dividend for 52 consecutive years, with a current quarterly dividend of $0.235 per share [7] - The annual dividend expense is approximately $7.5 billion, with a forecast of $14.6 billion for fiscal 2026, resulting in a payout ratio of 51% [7] - Analysts project free cash flow to expand to $24.8 billion by fiscal 2029, with the annual dividend per share potentially reaching $1.13 [8]