TC Energy (TSX: TRP) will host its Q4 2025 earnings conference call at 8:30 AM Eastern Time on February 14, 2026. The call will review fourth-quarter financial results, updated guidance, and operational highlights. Key participants include CFO David A. Jackson and President and CEO Mike Zilkoski. The call will be webcast live on the TC Energy investor relations website and will be followed by a Q&A session. No earnings figures were released at publication.

U.S. Treasury Secretary Scott Bessent urged Congress to pass the Clarity Act, a bipartisan proposal to establish federal rules for digital assets, by spring 2026 to be signed into law. He said the legislation would provide stability amid recent crypto volatility, despite industry opposition. Passage is at risk if the House shifts to Democratic control in November 2026.

Atmus Filtration Technologies (NYSE:ATMU) reports Q4 CY2025 results that beat expectations: revenue rose 9.8% YoY to $446.6 million and GAAP EPS reached $0.58, 4.4% above consensus. The operating margin expanded to 15.8% in Q4, up 2.4 ppts from last year, supported by operating leverage and a 1.3% decline in shares outstanding.

Over the last four years, sales grew at a 5.2% CAGR, and EPS expanded 5.2%, with a stronger 10.3% CAGR in the past two years. The company, spun off from Cummins in 2023, manufactures filtration systems for trucks, construction, and agriculture equipment.

Looking ahead, sell-side analysts expect revenue to grow 6.3% over the next 12 months, below the industrials sector average. The stock traded up 4.2% to $64.70 in immediate aftermath of the report.

Citigroup Inc. (C) announced on February 13, 2026, that its British-born CEO, Jane Fraser, received a total compensation of $42 million, marking her as one of the highest-paid women and among the top earners in global banking. Fraser’s package represents a 22% increase from 2025, placing her just below Jamie Dimon of JPMorgan Chase (JPM) ($43 million) and David Solomon of Goldman Sachs (GS) ($47 million).

Fraser, who assumed the role of both CEO and Chairman in 2024, oversaw significant restructuring at Citi, including job cuts and management streamlining, contributing to a more than 65% surge in its shares over the past year. Her leadership follows a broader acceleration in Wall Street pay driven by higher deal-making, improved stock market listings, and expectations of Fed rate cuts and AI-driven growth.

Moderna (NASDAQ:MRNA) reported Q4 CY2025 revenue of $678 million, a 29.8% year-on-year decline, yet exceeded Wall Street expectations. GAAP loss per share was $2.11, 18.9% above the consensus, with shares falling to $39.52 after the report.

Over the past five years, Moderna delivered 19.3% annualized revenue growth, outpacing healthcare peers. However, the last two years showed annualized declines of 46.7%. Operating margins expanded to -12.6% in Q4 from -13.2% YoY, reflecting expense discipline despite softer top-line growth.

The company’s EPS declined 30.2% annually over five years, ending Q4 at -$2.11 versus -$2.91 in the same period 2024. Sell-side analysts project flat revenue and a full-year EPS of -$6.68 in CY2026, up from -$7.26 in CY2025. Regulatory delays on its influenza vaccine and a negative EPS trajectory tempered the quarter’s positive momentum.

Your 30s are a critical decade for retirement readiness. As of 2025, the average 401(k) balance for individuals in their 30s is $74,000–$103,000, while the median is $22,000–$40,000, highlighting the importance of early compounding. Missing this window means harder work in later years to catch up.

Strategies include automating savings, pocketing raises (e.g., directing 50% of raises to savings), and using low-cost taxable brokerage accounts for ETFs. Financial planners recommend aiming for 15%+ savings and increasing 401(k) contributions by 2%–3% with raises to leverage tax-deferred growth and build momentum by the 40s.

Kalshi (NASDAQ: KALSHI) announced a partnership with sports insurance broker Game Point Capital to hedge performance bonuses for professional sports teams, leveraging its platform for near-half the pricing of traditional reinsurers. Last week, Game Point executed two NBA hedges: a playoff berth bonus at 6% versus 12–13% OTC, and a second-round advance at 2% versus 7–8% OTC.

Sports markets, representing over 80% of Kalshi’s business, are under intense scrutiny as regulators in Massachusetts, Nevada, and Connecticut seek temporary bans, citing unlicensed sports betting under state law. Kalshi and rival Polymarket are litigating to block the bans, with the CFTC supporting the cause and SEC Chairman Paul Atkins signaling potential SEC oversight over securities aspects.

Despite the turmoil, institutional funding remains strong, with Jump Trading securing small equity stakes in both Kalshi and Polymarket for market-making liquidity. The sector’s trading volume leapt to $63.5 billion in 2025 from $15.8 billion in 2024, per CertiK, amid growing Web3 integration and integrity risks.

Enbridge Inc. (ENB) reported fourth-quarter profit of $1.4 billion, or 64 cents per share, reflecting 63 cents adjusted for non-recurring items, surpassing the 60 cents per share average estimate of five analysts surveyed by Zacks Investment Research. Revenue for the quarter totaled $12.32 billion. For the full year, the company posted profit of $5.06 billion, or $2.30 per share, with revenue of $46.66 billion.

Advance Auto Parts (NYSE:AAP) reported Q4 CY2025 revenue of $1.97 billion, 1.2% lower than the prior-year period but ahead of Wall Street expectations. Non-GAAP profit of $0.86 per share surpassed consensus, and EBITDA outperformed estimates. However, full-year revenue guidance of $8.53B is 1.6% below analyst forecasts.

Same-store sales rose 1.1% in Q4, up from flat over the past two years, as the company closed stores and averaged a 5.1% annual decline in locations. It ended CY2025 with 4,297 locations. Analysts project revenue to remain flat for the next 12 months, while shares closed at $58.58 around the earnings release on February 13, 2026.

In January 2026, the iQOO YU7 electric SUV led China’s monthly sales with about 38,000 units, roughly twice the 17,000 units of the Tesla Model Y, according to data from the China Automobile Manufacturers Association and Autohome. Model Y slipped to 20th place in January and fell from first to seventh in the new energy segment.

Launched in summer 2025, YU7 entered the market at about CNY 10,000 less than the Model Y, with a competitive range and a lower price point. Excluding gasoline vehicles, Tesla ranked fifth in China in 2025, while Xiaomi ranked 10th. BYD led the year with over 3 million units, followed by吉利 with about 2.6 million.

Notably, YU7 outperformed in a cooling phase for China’s EVs. Following safety reviews of its driving-assistance and hidden-door handles, the firm added external indicators to comply with Beijing’s ban on the latter. Xiaomi also plans to enter Europe in 2027.

U.S. Bank strategist Michael Hartnett highlights a discernible reallocation of capital away from U.S. dollars and stocks toward international assets, signaling the decline of the “American Exception” and the rise of a “global realignment.”

Since late 2024, EPFR Global data shows $104B flowing into stock funds in Europe, Japan, and other developed markets versus $25B in U.S. funds. Following Trump-era policy shifts and trade measures in April 2024, market confidence in U.S. economic and financial primacy has waned, with the dollar index down about 10% since late 2024 and the S&P 500 outperforming international peers.

Since late 2024, the S&P 500 gained 15%, while the MSCI ACWI (excluding U.S.) rose 39%, validating the shift. Hartnett favors emerging market producers of commodities and sees significant upside in China and India as AI demand growth and current market allocation remain underserved.

Moderna Inc. (MRNA) reported a fourth-quarter loss of $826 million, or $2.11 per share, on Friday. Revenue for the quarter totaled $678 million, exceeding the $659.5 million average estimate. The results surpassed analyst expectations, with the average loss forecast of $2.60 per share. For the year, the company recorded a loss of $2.82 billion, or $7.26 per share, and revenue of $1.94 billion.

Colliers International Group Inc. (CIGI) reported fourth-quarter net income of $61.1 million, or $1.19 per share, with an adjusted net income of $2.34 per share. Revenue reached $1.61 billion, exceeding the $1.60 billion average estimate. The results missed the Street's $2.39 per-share expectation.

For the year, Colliers posted net profit of $103.1 million, or $2.02 per share, and revenue of $5.56 billion.

Moderna (MRNA) reported fourth-quarter revenue of $678 million, exceeding the $626.1 million average estimate and analyst expectations. The result reflects stronger-than-anticipated sales of its COVID-19 vaccine in the U.S., supporting the company's pivot to newer products as demand for the vaccine waned post-pandemic.

The company reiterated a 10% revenue growth outlook for 2026, citing continued momentum in mRNA technology and its broader pipeline.

Data source: LSEG.

Aluminum and broader metals declined on February 13, 2026, as reports suggest US President Trump may soften some tariffs on metal goods, expected to ease supply constraints and cost pressures. On the London Metal Exchange, the three-month aluminum contract fell 2.56% to $2,965.75 per ton by midday; the most-active Shanghai contract slipped 1.76% to 23,195 yuan per ton. Zinc at $3,316.50/ton (-1.54%), nickel at $16,993.38 (-1.49%), and lead at $1,972.38 (-0.52%) also moved lower. The White House is reviewing exemptions and scaling back broad levies, signaling a potential shift from expanding to targeted duties amid mid-term election-year pressure to curb inflation. The policy shift could moderate input costs for industries reliant on aluminum, zinc, nickel, and lead.

DP World (DPW) has appointed Essa Kazim as chairman and Yuvraj Narayan as group CEO, replacing Sultan Ahmed bin Sulayem following the release of documents naming Sulayem in connection with Jeffrey Epstein. The Dubai Media Office made the announcement on February 13, 2026.

Nvidia Corp. (NVDA) shares remain range-bound despite record AI infrastructure spending from Big Tech, as the stock gains less than 1% since Q4 began and trails the S&P 500 in 2026. Big Tech capex is expected to exceed $600B in 2026, yet investors grow concerned about whether AI revenue will outpace the investment. Cyclical demand and slowing growth expectations compress the outlook: sales are forecast to expand 58% in 2026 and 28% in 2027, while the P/E is about 24x vs. a five-year average of 38x. UBS and other strategists warn infrastructure providers could face lower valuations as capex growth tapers. The next key event is the earnings report on February 25.

JPMorgan Chase & Co. (JPM) advises selling two-year U.S. Treasuries in a tactical trade, citing a resilient economic outlook that makes aggressive Fed rate cuts unlikely. The median forecast for core CPI in January is 2.5%, with JPM expecting a “firm” 0.39% rise. Traders price a 0.25% cut in July and a potential cut by year-end. The two-year yield held near 3.47% Friday as the CPI report approaches, amid volatility this week. JPM strategists note heightened inflation risk could push the 10-year yield toward 5% quickly, while others, like Greenlight Capital’s David Einhorn, anticipate a more aggressive Fed easing.

January Consumer Price Index (CPI) data, released Friday, February 16, 2026, at 8:30 a.m. ET, will test whether recent inflation trends were a mirage. The report, delayed by a government shutdown, comes after core CPI fell to 2.7% in December from a 2025 high of 3.0%.

Economists expect headline and core CPI to rise in January, with the Dow Jones survey forecasting an annual rate of 2.5% and a 0.3% month-over-month increase. Wells Fargo anticipates core inflation to climb 0.33% MoM, higher than its 12-month average of 0.22%, citing delayed pass-through of tariff costs and start-of-year price resets.

The January jobs report, revised down to 181,000 from 584,000, adds pressure to the Federal Reserve’s decision-making as it balances price stability and employment. Most analysts project no interest-rate cuts until late summer at the earliest.

DP World (NYSE: DPW) announced on February 13, 2026, the appointment of Dr. Naeem Zia as its new chairman, succeeding the outgoing head who was identified in investigative reports tied to the Jeffrey Epstein scandal. The move follows heightened regulatory and reputational risks associated with the prior leadership. Zia, a former managing director of Dubai's Central Bank, brings deep central banking and financial governance experience to the role. The company issued no financial impact guidance with the announcement.