bigjoe1

quote:

---

This is a rare double whammy with CRWV earnings and war being imminent.
Nebius has an outsized presence in Israel.

---

quote:

---

What’s going on today to cause this drop?

---

quote:

---

“We are choosing to shift how we operate at a time when our business is accelerating and we see an opportunity to move faster with smaller, highly talented teams using AI to automate more work,” Ahuja wrote.

Dorsey said he expects other companies to similarly overhaul their workforces as they see more efficiency gains from “intelligence tools.”

“Within the next year, I believe the majority of companies will reach the same conclusion and make similar structural changes,” Dorsey said. “I’d rather get there honestly and on our own terms than be forced into it reactively.”

---

quote:

---

Retail investors rushed into Nvidia
on Thursday following the chipmaker’s latest earnings report, according to VandaTrack.

Mom-and-pop traders recorded their highest levels of net buying in the stock during the first 80 minutes of a trading day going back to at least 2012, according to analyst Viraj Patel. Retail is not behind the selling that led to a lackluster reaction to the blockbuster results, Patel said.

There’s a caveat: Patel said there’s strong selling in addition to buying in the chipmaker. That can help explain the stock’s rocky action in morning trading, he added.

"Flows have been two-way,” Patel wrote in a Thursday note. “Total retail turnover in [Nvidia] has been pretty epic too at the start of the session.”

Thursday’s action comes on the heels of the AI darling’s earnings, which beat analyst expectations and came with strong guidance. Nvidia also reported 75% revenue growth in its core data center business, which helped drive the company’s overall sales up 73%.

Despite trading modestly higher before the bell, shares were lower by more than 4% in midday trading.

---

quote:

---

Suppliers to U.S. aerospace and semiconductor firms face worsening rare earth shortages, with two turning away some clients, industry insiders said, weeks before U.S. President Donald Trump is expected to meet his Chinese counterpart Xi Jinping for a summit in Beijing.

The shortages center on rare earths such as yttrium and scandium, niche members of the family of 17 elements, which play tiny but vital roles in defence technology, aerospace and semiconductors and are almost entirely produced in China.

---

quote:

---

On the heels of a massive publicity push, including a Super Bowl 60 ad and a billboard in New York’s Times Square, families have filed about 2 million forms to open Trump accounts, Treasury Secretary Scott Bessent said at an event near Dallas on Friday.

“As we approach 2 million forms, that will probably be about 3 million children,” Bessent said.

The stop was part of the Trump Accoun

---

quote:

---

Benzinga
11:31 AM ET Feb-19-2026
A new working paper from Fed economists, alongside researchers at Northwestern and Johns Hopkins, concludes that Kalshi rivals or beats professional Wall Street forecasts on key economic data, and does it in real time.

What The Paper Found
On headline CPI, Kalshi delivered a statistically significant improvement over the Bloomberg consensus forecast.

On core CPI and unemployment, it ran neck-and-neck with professional forecasters surveyed by the New York Fed, but updates continuously, rather than every six weeks.

The most striking finding: Kalshi’s rate predictions achieved a perfect track record on the day before each FOMC meeting since 2022, which the paper describes as a statistically significant improvement over fed funds futures.

The paper also flagged an asymmetry traders should note: hot inflation prints move rate expectations far more sharply than cool ones. In plain terms, bad news hits faster than good news.

The authors argued the Fed itself should start using Kalshi data, calling current benchmarks “too far removed.”

Stocks Affected By The Prediction Market Boom
As volumes explode, prediction markets remain controversial, states are already pushing back on sports contracts, and regulators are jostling over who gets to control them

If prediction markets become the go-to tool for traders, policymakers, and the Fed itself, the platforms hosting them stand to see continued growth and the incumbents they’re displacing could feel serious pain.

Here are some of the stocks that could be most affected.

Robinhood Markets (HOOD.NaE) is the most direct play. Kalshi’s sports and macro contracts are already embedded in the Robinhood app, giving Kalshi access to Robinhood’s 27 million-plus funded accounts.

Coinbase Global (COIN.NaE) CEO Brian Armstrong has made prediction markets a core pillar of his ‘Everything Exchange’ vision, rolling out Kalshi-powered contracts across the country.

DraftKings (DKNG.NaE) is the flip side of this trade. Kalshi’s federal CFTC license lets it operate in all 50 states, bypassing the state-by-state restrictions that limit traditional sportsbooks. If prediction markets keep gaining ground, DraftKings (DKNG.NaE) faces a structurally better-regulated competitor eating into its market.

Flutter Entertainment (FLUT.NaE) could be another casualty. The parent company of FanDuel has shed over 44% of its value this year as Kalshi eats into its core sports betting revenue.

DraftKings (DKNG.NaE) and FanDuel launched their own prediction market apps in December, but neither has come close to matching Kalshi’s pace. Bank of America has downgraded both stocks, citing threats from prediction markets.

Image: Shutterstock

---