Stellantis NV is exploring a potential exit from its U.S. battery joint venture with Samsung SDI Co. as broader electric-vehicle losses mount, according to a Bloomberg News report dated February 10, 2026, citing multiple sources. The automaker has already announced writedowns exceeding $26.5 billion, pressuring its shares as traditional OEMs reassess EV strategies.

No final decision on the divestiture has been made, and the report indicates the process could be costly and time-consuming. Stellantis has not yet responded publicly, though a statement from the company to Bloomberg suggested ongoing discussions with Samsung on the future of their StarPlus Energy joint venture.

Agibank, the Sao Paulo-based fintech, has significantly reduced its U.S. initial public offering, cutting the number of shares from 43.6 million to 20 million and slashing the proposed price range from $15-$18 to $12-$13. The revised offering is set to begin trading on the New York Stock Exchange under the symbol AGBK on Wednesday.

The downsized offering follows a疲软 aftermarket for PicPay, its closest peer that listed in New York last month, and reflects valuation pressure in the sector just ahead of Agibank's roadshow. The restructured deal consists entirely of primary shares, with existing shareholders retaining their positions, potentially introducing a stock overhang risk.

Agibank, which attempted a 2018 listing in Brazil but faced difficulties during a volatile election year, is valued at 9.3 billion reais, having raised 400 million reais in capital from Lumina Capital Management. Goldman Sachs, Morgan Stanley, and Citigroup are the global coordinators.

Trimble Inc. (NASDAQ: TRMB) topped earnings expectations in Q4 despite a challenging freight environment, reporting revenue of $969.8M, 1% Y/Y, and adjusted EPS of $1.00 vs. $0.96. The transportation and logistics segment delivered $136M in Q4 revenue, 4% organically, and $527M full-year, 5% organically, with ARR of $508M up 7% Y/Y. Management guided 2026 revenue of $3.81B–$3.91B (6%–9% growth) and T&L ARR of ~$565M with mid-single-digit organic and high-single-digit ARR growth. The T&L operating margin remained 22.9%, though pressured by stranded costs from the mobility divestiture earlier this year. Over 90% of T&L revenue is recurring, reflecting expansion of connected workflows and strong additions with major shippers and carriers.

JPMorgan Securities lowered its price target on Coinbase (COIN) to $290 from $399 ahead of the company’s Q4 earnings report due Thursday, February 17, 2026. The downgrade reflects a 50%+ drop in COIN since late October, with the stock down 27% in 2026 alone.

Worthington projects adjusted EBITDA of $734 million for Q4, down from $801 million in Q3, driven by lower trading volumes, weaker crypto prices, and slower growth in USDC balances. He models Q4 spot trading volume of $263B and stablecoin revenue of $312 million; Deribit, acquired in August, contributed about $117 million on $586B in trading volume. Subscription and services revenue is forecast at $670 million, below guidance of $710–$790 million, reflecting softer retail trading, lower staking yields, and slower USDC growth.

Analysts note softer retail volumes (Robinhood’s QoQ down 15%) and caution on the sustainability of USDC revenue. Compass Point’s Engel is bearish, emphasizing weakness in January trading revenue and the need for new initiatives like Deribit to offset spot market swings. Highlights will include commentary on trading activity, USDC resilience, and the impact of new futures and derivatives businesses.

Paramount Global (Pарам) has revised its all-cash offer for Warner Bros. Discovery (WBD) to $30 per share, adding a $2.8 billion break fee to Netflix and a quarterly ticking payment of 25 cents per share to shareholders, increasing for each quarter after January 1, 2027 the deal remains unfinalized. The company also eliminated WBD’s $1.5 billion financing cost from its debt exchange and provides flexibility to refinance its $15 billion bridge loan.

The board of WBD has not changed its recommendation to sell its studios, HBO, and HBO Max to Netflix, maintaining its stance against Paramount’s revised tender offer. While WBD said it would “carefully review and consider” the new terms, no shareholder action is advised at this time.

Walt Disney Co. (DIS) is pricing a $4 billion investment-grade debt offering, its first since 2020, amid record fundraising. The transaction, split into four tranches, is expected to close Tuesday, with the 2036-maturity portion pricing 0.58 percentage point above Treasuries versus initial 0.85.

Proceeds will primarily be used to repay maturing debt and support liquidity for strategic investments and shareholder returns. The company has $2.6 billion of bonds and loans due this year. The offering includes eight U.S. investment-grade notes totaling $11.3 billion, following Alphabet’s $20 billion deal that attracted over $100 billion in demand.

Bookrunners include BNP Paribas, Citigroup, Deutsche Bank, JPMorgan, Sumitomo Mitsui Banking, and U.S. Bancorp. S&P and Moody’s anticipate ratings of A and A2, respectively.

Saks Global (KSSG, NMUS) announced it will close eight Saks Fifth Avenue stores and one Neiman Marcus location as part of its Chapter 11 restructuring to reduce debt and focus on core brands. The affected stores, including in Philadelphia, Columbus, Ohio, and Phoenix, will remain open until April 30, leaving 25 Saks Fifth Avenue and 35 Neiman Marcus locations. The company will shutter 14 standalone Fifth Avenue Club styling suites, keep three, and redirect Horchow.com inventory to NeimanMarcus.com. This follows plans to close most Saks Off 5th stores, retaining 12, and shutter Last Call outlet locations. The Chapter 11 filing on January 14, 2026, follows a difficult restructuring period, with about $500 million of a $1.75 billion package securing supplier payments.

AI tax preparation tools are expanding, enabling users to upload forms, answer questions conversationally, and complete returns end-to-end. These platforms excel in low-to-moderate complexity cases with clean records but may lack judgment in complex, year-over-year scenarios and cannot substitute legal responsibility.

Key considerations include data accuracy, audit support, and security, given tax returns contain sensitive personal and financial information. While AI often cuts costs and saves time, the user remains ultimately responsible for the return and must verify all inputs and interpretations.

Accuracy depends on correct data entry and document upload. For complex returns, a CPA review is advisable. Hybrid approaches, with AI handling routine tasks and a professional reviewing the final return, are increasingly recommended.

ARGENTINA'S government, led by President Javier Milei, is advancing sweeping labor reforms aimed at reducing costly regulations and lawsuits to spur private-sector hiring. The reforms, set for Senate debate starting February 13, 2026, would narrow wrongful-dismissal claims and limit strike authority, with some essential services required to maintain at least 50%–75% operations during strikes.

Unions warn mass protests are likely, with leaders saying the legislation curtails their authority, including requiring permits for meetings, and could escalate tensions. Milei's minority administration seeks to attract investment and revive growth, citing a labor code seen as a barrier to hiring despite a formal unemployment rate of 6.6%.

Business chambers highlight high labor taxes and costly litigation as inhibitors to hiring, while supporters argue modernization is needed to expand formal employment. Passage would strengthen Milei's agenda; defeat could signal limits to his government's influence.

Tesla has named Joe Ward, its head of European operations, to oversee the company’s global sales, according to Bloomberg News, citing individuals familiar with the matter. This follows the departure of North American sales head Raj Jegannathan.

Ward, who joined Tesla as a logistics intern in 2010 and served as EMEA VP since 2022, will lead the transition as Tesla shifts focus to full self-driving, robotaxis, and humanoid robots amid declining annual deliveries and heightened competition from Chinese and legacy automakers.

Tesla’s sales have fallen for two consecutive months, with the company reporting its second straight drop in annual deliveries despite incentives, as it pivots away from core EVs.

Tesla has filed a criminal complaint against an IG Metall union member who secretly recorded a works council meeting at its Berlin-area plant on February 09, 2026, according to an internal memo reviewed by Reuters. Manager Andre Thierig confirmed the member, an external IG Metall guest, began recording the non-public meeting with his computer. Tesla alleges the act constituted a criminal offense under Germany’s rules on private meetings. The incident follows ongoing tensions between Tesla and the German union.

Corebridge Financial (NYSE:CRBG) released Q4 CY2025 results exceeding expectations, with revenue up 35.7% to $6.34 billion and non-GAAP earnings of $1.22 per share, 9.7% ahead of consensus. Management credited growth to strong distribution, product innovation, and a significant variable annuity reinsurance transaction that reduced legacy liabilities and improved balance sheet flexibility.

CEO Marc Costantini highlighted rapid adoption of new products, including Market Lock, and a top-ten market position across major annuity types. Fee income gains and higher assets under management supported results. CFO Elias Habayeb noted short-term spread pressure from expected interest rate cuts, but said the firm’s exposure has been reduced.

Looking ahead, the company plans to expand digital capabilities and wealth management, target IRA rollover assets of about $30 billion, and leverage demographic tailwinds. Key watchpoints include fee-based income momentum, the success of digitization in improving retention, and sustaining positive net flows in retirement and institutional markets. CRBG closed at $31.01, in line with the pre-earnings price of $31.19.

The U.S. Bureau of Labor Statistics will release January nonfarm payrolls and revised 2025 employment numbers on February 14, 2026. Preliminary January data from private surveys suggest a meager labor market, with economists forecasting median gains of about 68,000 jobs, ranging from a loss of 10,000 to a gain of 135,000. The unemployment rate is expected to remain near 4.4%.

Revisions to the 12-month period ending March 2024 showed 911,000 fewer jobs created than initially reported, and further benchmark updates for recent months could sharply lower the 2025 picture. The report, delayed by a brief partial government shutdown, is the "Super Bowl of jobs reports." While revisions reflect accuracy, they may prompt reactions from markets and the Trump administration.

Federal Reserve officials have warned of a “productivity boom” and a gradual cooling of the labor market, with some forecasting effectively zero payroll growth in 2025, compared to about 2 million jobs added annually for the previous decade. The revisions could influence monetary policy and hiring decisions.

Superhuman CEO Shishir Mehrotra reframes the AI disruption as a workforce expansion, envisioning each worker supported by 100 digital agents that aggregate CRM data, summarize tickets, and draft replies in personalized voices. The rebranded $13B Superhuman, a merger of Grammarly, Superhuman, and Coda, aims to challenge Microsoft and Google by integrating AI-native productivity across writing, email, and collaboration tools. Mehrotra highlights current Grammarly activity exceeding 100 billion LLM calls weekly. However, analysts caution that automation is already reducing roles: Klarna cited AI cutting nearly 40% of customer service staffing, and IBM, UPS, and HP Inc. have announced automation-driven job cuts. The complexity of managing multiple AI agents also raises concerns about AI fatigue.

Butterfield Bank (NYSE:NTB) reported Q4 CY2025 revenue of $159.1 million, up 4.7% YoY, and non-GAAP profit of $1.54 per share, 5% above consensus. Fee-based income drove outperformance, bolstered by seasonal card volume, trust and asset management growth, and strong foreign exchange performance.

Management expects noninterest income to continue expanding, with core expenses normalizing as seasonal items in Q4 do not recur. The integration of Credit Suisse’s trust business and ongoing M&A in core markets are cited as key to earnings quality in 2026. The company trades at $54.54, up from $53.40, amid active discussions of acquisition activity and disciplined cost management.

Fed Dallas President Lorie Logan (Jan 10, 2026) stated further Federal Reserve rate cuts are unlikely until the labor market shows "substantial weakness" and inflation is falling, signaling policy may need adjustment only under those twin conditions. She emphasized that the coming months' data will determine whether current policy can simultaneously achieve price stability and full employment.

Logan, who holds a vote at the Fed, supports the December 2025 decision to keep rates unchanged. She noted employment growth has approached "loss-minus" levels relative to population growth, implying stability, while inflation remains above 2% and the path to回落 is uncertain. With the neutral interest rate range already reached, monetary policy is less able to stimulate demand without pushing inflation higher.

Logan clarified资产负债表 adjustments—about $110 billion in Treasury purchases since late December—are technical and not indicative of monetary policy stance. She stressed reserve levels must be adjusted with economic and regulatory changes to maintain system efficiency and support markets where interest rates should remain near the policy rate. She praised the large use of the Term Auction Facility as a helpful tool.

Treasury Wine Estates (TWGL) announced on February 10, 2026, that its U.S. subsidiary reached a settlement with the Retail Nutrition and Drug Counseling (RNDC) group, resolving allegations of unfair competition. The terms of the settlement were not disclosed, but the company noted the matter will no longer impact its operations. The stock closed 0.5% lower on the news, reflecting market concern over the resolution's implications for the wine and spirits sector.

Euro Stoxx 600 ended mixed on February 10, 2026, as mixed earnings reports and pending key economic data fueled volatility. FTSEuro Stoxx 300 closed at 4,235.5, down 0.3%, with the Stoxx 600 posting a 0.2% loss. Tech and industrials led declines, while utilities and consumer staples gained. Key catalysts included negative earnings surprises from major European banks and automakers, and a 10% drop in Vodafone's share price after a profit downgrade. Investors are awaiting February non-farm payrolls and inflation data, which could influence Fed policy timing and direction.

Paramount Skydance Corp. has enhanced its hostile $30 per share all-cash tender for Warner Bros. Discovery Inc. to avert a $27.75 per share Netflix bid. The company will cover a $2.8B termination fee to Netflix and $1.5B in debt refinancing costs, and pay 25¢ per share per quarter until Dec. 31 if the transaction is not closed. The Ellison family and partners’ equity commitment stands at $43.6B, with an additional $54B in financing from Bank of America, Citigroup and Apollo.

Warner Bros. stated it will review the amended offer and seek shareholder approval for or against the Netflix transaction by April. Analysts note the $1.79 per share added via the ticking fee and backstops are unlikely to move the board without a base price increase to at least $32 per share. The updated terms follow a DOJ compliance milestone that initiates a 10-day review window.

Following the announcement, Paramount +1.7%, Warner Bros. +1.7%, and Netflix +3.5%.

Israel-based FINQ reported on February 10, 2026, the SEC approval of two U.S. exchange-traded funds—AIUP and AINT—that will be fully managed by artificial intelligence. The AI model autonomously selects, weights, and rebalances portfolios, with human roles limited to oversight and governance. This marks the first offering of this category, distinct from algorithmic trading, where AI typically supports human decision-making.

The proprietary AI continuously ranks all 500 stocks in the S&P 500 for portfolio selection. Morningstar analyst Bryan Armour notes the path for AI-driven stock selection is bumpy, with prior offerings experiencing excessive turnover and closures in 2023.