Flex LNG Ltd. (FLNG) reported net income of $21.6 million for Q4, translating to 40 cents per share on an adjusted basis. Revenue totaled $87.5 million in the period.

For the full year, the LNG shipping company recorded net profit of $74.8 million, or $1.38 per share, with revenue of $347.6 million.

The U.S. Bureau of Labor Statistics reported January consumer price index inflation at 3.7%, down from 4.1% in December, matching the lowest reading since 2023. The core PCE index, a key Fed gauge, rose 4.4% year-over-year, however, signaling persistent upward pressure. Federal Reserve officials expressed cautious optimism, with some suggesting inflation may be approaching a level consistent with its 2% target. The reading comes as energy prices moderated and wage growth showed signs of easing, though persistent housing and used-car price increases remain concerns.

AGL Energy (NYSE: AGL) reported first-half 2025 net income of $112 million, a 23% decline from $147 million in the same period 2024, citing lower gas prices and higher liquefied natural gas (LNG) costs. The company revised its full-year 2026 guidance to $1.10–$1.15 billion, down from $1.20–$1.30 billion previously, citing supply chain and operational constraints. AGL announced a $100 million cost-cut program through 2026 to offset lower margins. The stock closed 2.3% higher on the news of the program and revised guidance.

Supporting figures: H1 2025 net income $112M vs. $147M H1 2024; guidance now $1.10–$1.15B vs. prior $1.20–$1.30B.

Bithumb, South Korea’s largest crypto exchange, is pursuing recovery of roughly $43 billion in mistakenly issued Bitcoin during a promotional event on December 6, 2025. About 99.7% of the overpayment has been recovered using company funds, per CEO Lee Jae-won.

The error, where BTC was mistakenly credited instead of KRW, caused users to dispose of assets before the glitch was contained, prompting civil recovery efforts and scrutiny of criminal liability. Legal experts say unjust enrichment and notice will be key battlegrounds, with prosecutors likely cautious given the exchange’s prompt response and account freezes.

Bithumb announced a $20 per-user payment, bonuses for those selling mistakenly low-priced BTC, and zero-fee trading for a week. The incident highlights gaps in oversight and internal controls in South Korea, spurring discussions to cap major shareholders’ stakes and strengthen proof-of-reserves and internal controls under the Virtual Asset User Protection Act.

Ford (F.US) posted its first annual global car sales decline to Chinese rival BYD (002594-CN), moving to No. 7. Data released Feb 10 showed Ford’s批发 sales down nearly 2% to about 4.4 million units, versus BYD’s reported 4.6 million, marking BYD’s ascension to No. 6 and ahead of Ford.

The weakness was pronounced in Europe and China, where BYD, Xiaomi, and吉利 are gaining market share with affordable electric vehicles. Ford allocated $19.5 billion to重组 its EV transition, while BYD expanded into Europe, South America, and Asia, achieving 10.5 million exports in 2025 and aiming for 13 million in 2026.

Global leadership remains with Toyota (7.9M, +4.6%) for the sixth consecutive year, amid regulatory scrutiny of aggressive price competition.

U.S. President Joe Biden on February 10, 2026, warned that if the Supreme Court invalidates his administration’s import tariffs, he will pursue alternative measures to maintain them. The 6-3 conservative majority is reviewing the use of the 1977 International Emergency Economic Powers Act (IEEPA) to justify tariffs, with a lower court last year finding the authority exceeded presidential powers. Opponents argue IEEPA does not authorize tariffs, and the Trump administration has defended the use of IEEPA for this purpose, claiming it would harm the economy.

The Supreme Court is expected to resume hearings on February 20, 2026, with a decision likely released around that time. A new Tax Foundation study estimates tariffs under the Biden administration would add about $1,000 per household in 2025 and $1,300 in 2026, becoming the largest tax burden on GDP since 1993.

Eutelsat Communications has secured approximately $1.2 billion in export credit financing, backed by a French state guarantee, to fund the acquisition of 340 low Earth orbit satellites under a contract with Airbus. Procurement is conditional on Eutelsat issuing a bond. The financing supports the expansion of its OneWeb constellation.

Computer Modelling Ltd (J) reported Q3 revenue down 8.2% to $418 million and net loss of $12.3 million, or 2.1 cents per share, compared to a profit of $3.7 million in the same period of 2025. The results reflect softer demand in key markets and pricing pressure, with the company attributing the decline to continued macroeconomic headwinds and reduced project activity. The stock closed at $15.20 on February 9, 2026, down 3.8% for the quarter.

Red Rock Resorts Inc. (RKR) reported a 12% year-over-year decline in Q4 net income to $14.3 million, but revenue rose 13% to $227.5 million, outperforming analyst expectations. The results reflect lower gaming revenue due to a 10% drop in table games and a 14% decline in slot revenue, partially offset by a 22% increase in resort operations. CFO Mark Lammers said the company is implementing cost controls and diversifying its gaming mix to stabilize results. The stock closed at $42.15 on February 9, 2026, down 2.3% for the session.

Crombie Real Estate Investment Trust (CMR) reported Q4 net income of $10.8 million, down 18.3% from $12.9 million in the same period of 2025, reflecting continued weakness in the multifamily and industrial real estate sectors. The company generated $140 million in total revenue, with operating expenses rising 12.4% year-over-year to $95.2 million. Management attributed the decline to higher interest rates, lower occupancy rates, and reduced rental growth. The REIT ended 2025 with a book value per share of $12.75, down from $13.20 in 2024, and issued a forward guidance of $1.05 per share for 2026, down from $1.10 in 2025.

The NSE Composite Index closed 0.8% lower on February 11, 2026, as weak trading volume and mixed sector performance erased early gains. The Sensex fell 0.7% for the day. Key indices declined across banking, auto, and PSU sectors, with the Nifty Bank and Nifty Auto each down about 1.2%. Foreign institutional investors sold 1.2 billion rupees in FII net outflows, while domestic institutional flows remained mixed. The broader market remains range-bound, with a key technical support level at 34,000 points under pressure.

In the wake of xAI's announced $125 million acquisition from SpaceX, the company is experiencing a rapid exodus of its core founding team. Within 48 hours, Tony Wu, head of the reasoning organization and directly reporting to Elon Musk, and Jimmy Ba, head of research, safety, and enterprise affairs, both resigned, accounting for half of the original 12-founder group.

With Wu's departure, Guodong Zhang, who oversaw pre-training, has been elevated and now leads post-training efforts. Remaining founders include Guodong Zhang and Zihang Dai. Ethan He, a current team member, has posted job openings emphasizing a non-political culture and a preference for agile, technical teams.

The attrition reflects "Musk Exhaustion," with reports of 120-hour workweeks and pressure to outpace OpenAI and Anthropic. The firm also faces scrutiny over Grok's image-generating capabilities, including a French criminal investigation, and challenges in user growth for its MacroHard project and AI companion product.

Feb 11, 2026 - Dassault Systèmes (DXC) reported full-year 2025 revenue of 6.24 billion euros ($7.44 billion), up 4% at constant currency, with recurring revenue growing 6%. Subscription sales rose 11% as clients shift to cloud services. Fourth-quarter revenue increased 1% to 1.68 billion euros, at the lower end of guidance. The 3DExperience platform and cloud offerings grew 10% and 8%, supported by major contracts. Life sciences revenue, including Medidata, declined 2% as pharma reduced study starts. Industrial Innovation software grew 6% and remains the growth engine. For 2026, the company forecasts revenue growth of 3%–5% at constant currency, an operating margin of 32.2%–32.6%, and earnings per share of 1.30–1.34 euros. ($1 = 0.8392 euros).

Milano–Cortina 2026 Winter Olympics are projected to generate €5.3B in economic impact through a dispersed multi-destination format. €1.1B comes from event-day spending by tourists and staff, with an additional €1.2B from sustained post-Games tourism over 12–18 months. €3B is allocated to infrastructure and legacy projects, including new or upgraded sports and civil facilities.

Supporting local hospitality, transport, and services, the Games are expected to draw about 2.5 million spectators, with real-time data showing a 160% rise in international arrivals to northern Italy and heightened domestic interest. Oxford Economics forecasts 66 million international tourists and €2.9B higher tourism spending in 2026, with Milan, Cortina, Verona, and Venice leading.

Total costs are estimated at €5.7B–€5.9B (about 0.3% of 2025 GDP), 63% public-funded, less than Sochi and Beijing but higher than most in the past two decades. While the dispersed model limits displacement and the impact is smaller than the Summer Games, the social and infrastructural legacy—enhanced accessibility, upgraded transport, and improved public venues—is expected to endure.

Tokenized real-world assets (RWAs) are seeing rapid institutional adoption, with major players like BlackRock, Robinhood, and Bitstamp launching tokenized money market funds, U.S. Treasuries, and collateral optimization products. The shift toward fractional, 24/7 access is evident in private credit, real estate, art, and private equity.

Retail adoption remains limited, though panelists see Europe’s evolving regulations as a potential catalyst for tokenized listed equities. As barriers to entry fall, the next wave of retail onboarding could unlock trillions in previously illiquid markets.

Gold rose to $5,044.53 per ounce as of 01:18 EST on February 11, 2026, testing $6,000 as a year-end target amid a weak U.S. retail sales report that strengthens the case for Federal Reserve rate cuts. The 10-year U.S. Treasury yield hit its lowest in nearly a month, and the dollar weakened against all G-10 currencies.

The pullback in yields supported gold, as the metal does not pay interest and typically gains when yields elsewhere become less attractive. Silver climbed 2% to $82.43 per ounce, while platinum and palladium added over 1.5%. The Bloomberg Dollar Spot Index, a gauge of the U.S. currency, edged down after a three-day losing streak.

Analysts note speculative positioning is less concentrated, suggesting reduced volatility and a potential foundation for further gains if U.S. borrowing costs continue to decline.

On February 11, 2026, Elon Musk addressed xAI employees during an all-hands meeting,宣布 plans to establish a lunar manufacturing facility to produce AI satellites, citing higher compute capacity for the company’s world-model AI. The company is in transition, with six of its 12 founding members leaving amid a pending IPO rumored to target a $1.5 trillion valuation in the coming months.

Co-founder Tony Wu and Jimmy Ba resigned within days of a February 9 press briefing where Musk outlined the lunar shift from Mars colonization, which he now says could be achieved in about half the time. The moves follow a leadership shakeup as xAI prepares for a potential SPAC merger and a significant stock offering.

Legal and operational feasibility remain uncertain under the Outer Space Treaty and U.S. lunar resource extraction laws, with questions about governance and supply chain as the team shrinks. The IPO timing, valuation, and the path to realizing the lunar factory are key focuses for investors amid evolving strategic priorities.

January inflation in Argentina rose 2.9% year-over-year, per INDEC, outpacing expectations and continuing a fifth consecutive monthly increase, driven by higher food, restaurant, hotel, and utility prices. The report spotlighted renewed political tension over the outdated index based on 2004 consumption data, which underweights present-day goods and public services and has drawn criticism for failing to reflect subsidies cuts and rising electricity costs.

The Milei administration announced plans to reform the index but paused its use for the first time this month, reigniting distrust and prompting the resignation of INDEC head. The move sent the Merval index down several percentage points and raised concerns over credibility and investor confidence. Economists warn that continued subsidy reductions and a more flexible peso policy could fuel further inflation, while private-sector price gains lag behind the official figure.

The U.S. dollar fell against major peers as traders priced in a higher likelihood of Federal Reserve rate cuts following weaker-than-expected economic data. Asian buyers drove the AUD up and the JPY higher, while the yen strengthened for a third consecutive day amid divergence in rate policies and a well-behaved 10-year government bond curve post-January Lower House elections.

Retail sales in December slowed more than forecast, signaling reduced consumer support for the economy as the year ended. The nonfarm payroll change is expected to rise 65,000 in January, the largest gain in four months, according to a Bloomberg survey of economists.

Hedge funds are buying dollar-yen options and purchasing the Australian dollar in spot markets, capitalizing on the broader sell-off in the greenback.

ByteDance is reportedly developing an advanced AI inference chip and in early manufacturing talks with Samsung Electronics, sources said. Sample units are expected by end-March 2026, with an initial annual target of 100,000 and potential ramp to 350,000. Access to稀缺 memory components from Samsung adds value amid global AI infrastructure growth.

A ByteDance spokesperson denied the in-house chip plan without further details. The project, codenamed SeedChip, aligns with the company’s broader AI push, including a Seed unit established in 2023 to develop AI models and applications. ByteDance plans over $22 billion in AI spending this year, with more than half allocated to Nvidia H200 GPUs and advancing its own chip.