In 2026, it wouldn't be an understatement to say that the software sector is undergoing a sea change as investors consider the impacts of AI on recurring revenue business models that were, as recently as last year, thought to be indestructible. Whether a "SaaSpocalypse" is comingWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the ...

Economic Data - The personal consumption expenditures price index report, a key inflation gauge for the Federal Reserve, is set to be released at 8:30 a.m. ET, along with GDP, consumer spending, and income data [2] - The U.S. trade deficit for 2025 was reported at $901.5 billion, reflecting a 0.2% decrease from the previous year despite the implementation of broad tariffs [3] Retail Sector - Amazon has surpassed Walmart in quarterly revenue for the first time, reporting $187.8 billion in sales for the fourth quarter, compared to Walmart's $180.5 billion [4][5] - Bath & Body Works has launched an authorized storefront on Amazon, expanding its reach beyond its physical stores [6] Housing and Employment Trends - In Silicon Valley, the number of individuals living in RVs has increased significantly, with the share of those sleeping in cars rising from 18% in 2019 to 37% last year [8][9] - The wage gap between job hoppers and those staying in their positions has narrowed to below 2 percentage points, down from a peak of 8.4 points in April 2022, indicating a shift in job market dynamics [10][11]

New York, NY, Feb. 19, 2026 (GLOBE NEWSWIRE) -- D. Boral Acquisition I Corp. (the “Company”) today announced that, commencing February 25, 2026, holders of the units sold in the Company’s initial public offering may elect to separately trade the Company’s Class A ordinary shares and warrants included in the units. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. The Class A ordinary shares and warrants that are separated will trade on The Nasdaq Global M ...

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].

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets are solidly higher , with the S & P 500 trying to have its first three-session win streak since late January. The market moved off its best levels of the session following the release of the Fed minutes from the January meeting. Sector rotation remains the big theme, with investors adding to energy, technology, consumer discretion ...

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]