Balfour Beatty PLC Completes Additional Share Buyback Acquiring 65,000 Shares
February 23, 2026, 3:51 AM EST. Balfour Beatty PLC, an international infrastructure group, announced the purchase of 65,000 of its ordinary shares at an average price of 778.18 pence each on February 20, 2026, as part of its ongoing share buyback program launched in January. The shares were bought through Deutsche Bank AG's London branch and will be held in treasury, reducing the total shares in issue to 490.4 million excluding treasury shares. The company has repurchased 2.41 million shares at an average price of 732.97 pence since the program began. These shares carry no voting rights. The firm has disclosed detailed trade information on its website in compliance with EU Market Abuse Regulations.
Soybean Prices Dip After U.S. Supreme Court Ruling Limits Tariff Authority
February 23, 2026, 3:50 AM EST. Soybean futures slipped by 2 to 3 ½ cents following the U.S. Supreme Court ruling that the President cannot use the International Emergency Economic Powers Act (IEEPA) for tariff purposes. This ruling introduced uncertainty, prompting a risk-off reaction in soybean markets amid concerns it could strengthen China's negotiating position. Despite the dip, the national average cash soybean price rose 7 ½ cents to $10.76 ½, supported by robust old crop sales reaching 798,216 metric tons-66.2% higher than last year. Soymeal futures advanced $5.90 to $6.10, while soy oil futures declined 81 to 87 points. The spring crop insurance base price discovery closes soon, with February average November futures at $11.03, up 49 cents year-over-year.
S&P 500 Lags Global Stocks by Largest Margin Since 1995 Amid Trump Era Uncertainty
February 23, 2026, 3:49 AM EST. The S&P 500 has gained less than 1% year to date, trailing the MSCI ACWI ex U.S. Index's 10% gain, marking the widest gap since 1995. Global markets, especially in emerging economies, have outperformed due to cheaper valuations and a weaker U.S. dollar, which has fallen 10% amid trade tensions and tariff concerns during President Trump's second term. Since January 2025, global stocks excluding U.S. have surged 40%, compared to the S&P 500's 15%. Analysts at Goldman Sachs forecast U.S. stocks to grow 6.5% annually over the next decade, while emerging markets could yield 12.8%, highlighting potential for higher returns outside the U.S.
SPXU Stock Analysis and AI-Generated Trading Signals for February 23, 2026
February 23, 2026, 3:48 AM EST. On February 23, 2026, AI-generated trading signals for BetaPro S&P 500 2x Daily Bull ETF (SPXU:CA) showed a strong near- and long-term buy rating, with a weak mid-term outlook. The suggested trading plan advises buying near 28.34 with a stop loss set at 28.20, indicating caution to limit potential losses. No current short-selling opportunities were recommended. These signals offer timely guidance for traders considering the leveraged S&P 500 ETF, reflecting a strategic entry point amid market fluctuations.
Nvidia Earnings and AI Reports Set to Shake Stock Market on Thursday
February 23, 2026, 3:46 AM EST.Thursday's trading session could be pivotal, with key financial reports spotlighting the AI sector's trajectory. Nvidia (NVDA), a leader in AI chip manufacturing, reports fiscal Q4 results after Wednesday's close. The company's GPU sales have surged, driving revenue up 62% year over year last quarter and pushing Nvidia stock 1,200% higher since early 2023. Wall Street expects record revenue of $65.7 billion and earnings per share of $1.53. Nvidia's large S&P 500 weighting means its performance could influence broader market moves. Meanwhile, the SaaS sector faces scrutiny as AI start-up Anthropic's advancements stoke concern over demand declines, contributing to recent software stock sell-offs. Investors await insights on whether Nvidia can sustain growth amid rising AI adoption and potential disruption in software services.
Wheat Prices Rally as Export Sales Drop and Dry Weather Looms
February 23, 2026, 3:33 AM EST.Wheat futures rallied on Friday, with Chicago Soft Red Winter wheat climbing 13 to 14 cents by midday and Kansas City Hard Red Winter wheat up 12 to 13 1/4 cents. Minneapolis spring wheat also gained 7 to 8 cents. The surge follows export sales data showing 287,974 metric tons sold in the week of Feb. 12, marking a nearly 41% drop from last week and 46% decline from last year. The U.S. Hard Red Winter region faces drier conditions ahead, with NOAA forecasting warmer and dry weather through May, potentially influencing crop prospects. French wheat quality ratings slipped slightly to 88% good/excellent, according to FranceAgriMer. These factors are driving the grain market's bullish tone amid tighter supply and weather concerns.
Corn Futures Rise on Friday Supported by Wheat Gains and Strong Export Sales
February 23, 2026, 3:32 AM EST. Corn futures rose 1 to 3 ¾ cents Friday, aided by double-digit gains in wheat. March options expire today. The national average cash corn price climbed 1 3/4 cents to $3.94 1/4. Export sales remain robust, with old crop sales at 1.47 million metric tons (MMT) for the week ending Feb. 12, a 1.1% increase over last year. New crop sales were 65,700 MT. A South Korean tender resulted in a purchase of 132,000 MT. Prices for March 26 corn hit $4.27 1/2, up 1 3/4 cents, May at $4.39 3/4, up 3 1/2 cents, and July at $4.48 1/4, up 3 3/4 cents. Crop insurance price discovery for December corn continues, with an average close of $4.60, down 10 cents year-over-year.
Retail Investors Boost Wall Street Influence Amid Market Volatility
February 23, 2026, 3:30 AM EST. Retail investors, once dubbed "dumb money," have substantially increased their presence on Wall Street, trading $5.4 trillion in stocks and ETFs in 2025, marking a 47% rise from the prior year. Their performance beat major index funds like SPY and QQQ, challenging traditional views. Catalyzed by mobile trading apps, zero-commission models, and social media, a surge in do-it-yourself investing emerged, especially during COVID-19 lockdowns. This influx of individual participants helped sustain market momentum despite fluctuating conditions. JPMorgan Chase reports peak money transfers from checking to investment accounts since 2021, reflecting growing retail confidence. Industry experts like Charles Schwab's Joe Mazzola acknowledge the evolution of retail trading as a formidable market force.
Defence Stocks Rally Continued: Analysts See 17% Average Gain in 2026
February 23, 2026, 3:17 AM EST.Defence shares have surged over the past year amid rising geopolitical tensions and increased spending, notably in Europe driven by U.S. encouragement. Leading companies like Rolls-Royce, BAE Systems, Babcock International, and Serco Group show analyst forecasts of potential gains averaging 17% by next year. A £10,000 investment in these could grow to about £11,700. However, risks remain due to potential supply chain issues and execution challenges. Meanwhile, Melrose Industries, a lesser-known aerospace specialist, emerges with strong growth in revenue and free cash flow, targeting a rise from £100 million in 2025 to £600 million by 2029, signaling potential for robust returns if management delivers on ambitious goals.
Sugar Prices Rise as U.S. Supreme Court Overturns Trump Tariffs
February 23, 2026, 3:16 AM EST.Sugar prices rebound, with March NY world sugar up 1.35% and May London ICE white sugar climbing 0.32%. The U.S. Supreme Court's decision to strike down President Trump's sugar tariffs may enable increased sugar exports from Brazil, tightening global supplies. A weaker U.S. dollar also supports commodity prices. Brazilian sugar output shows mixed signals: lower production in January but slight year-over-year gains in cumulative output. Despite recent five-month lows amid concerns over a global surplus, analyst forecasts still predict sugar surpluses in 2025/26 and 2026/27. India, the world's second-largest sugar producer, boosted production estimates following favorable monsoon conditions and recently approved more sugar exports, adding pressure on prices.
Columbus A/S Updates on Share Buyback Program Amid Market Activity
February 23, 2026, 3:15 AM EST. Columbus A/S reported additional purchases under its ongoing share buyback program, acquiring 45,000 shares between February 16-20, 2026. The company has now repurchased a total of 1,478,897 shares worth approximately DKK 14.78 million, representing 1.14% of its share capital. This program, running until March 11, 2026, aligns with EU market abuse regulations aiming to ensure transparent and fair trading. Columbus continues to execute the buyback at an average price of DKK 10 per share, signaling ongoing shareholder value support during this period. CFO Brian Iversen remains the point of contact for further details.
Cotton Prices Rally Amid USD Weakness and USDA Export Report
February 23, 2026, 3:14 AM EST.Cotton prices surged by 89 to 106 points across contracts as the U.S. dollar index slipped 82 points. Crude oil rose 71 cents a barrel, supporting commodity markets. The USDA's Export Sales report showed net reductions of 949,600 running bales (RB) for 2024/25, mainly from cancellations to China, Pakistan, and Vietnam amid the market year's shift. Forward sales and old crop carryover totaled 4.102 million RB, reaching 38% of USDA's estimate but behind the average 48% pace. ICE cotton stocks held steady at 18,721 bales. The Cotlook A Index hit 79.20 cents per pound, while USDA raised the Average World Price by 130 points to 55.24 cents/lb. December 24 cotton closed at 68.3 cents, up 106 points, reflecting strong market momentum.
UK Shares Set to Dip as US Trade Tensions Spark Market Uncertainty
February 23, 2026, 3:12 AM EST.UK equities are forecast to open lower, with the FTSE 100 futures down 0.2%, following renewed U.S. trade tensions. President Donald Trump's tariff threats and Supreme Court criticism have unsettled markets. Asian markets showed mixed reactions; Hong Kong's Hang Seng surged 2.6% after a key U.S. tariff was ruled illegal. Meanwhile, the Australian index fell 0.6%, and Japan and China markets were closed. The dollar weakened against the pound and euro, while gold hit a three-week peak amid risk aversion. Bitcoin and other cryptocurrencies faced sharp declines, with Bitcoin dropping nearly 5%. Wall Street closed last week strongly but faces uncertainty as the latest tariff talks unfold.
Silvercorp Metals Sees Record Q3 Revenue, Shares Surge with Valuation Debate
February 23, 2026, 3:07 AM EST. Silvercorp Metals (TSX:SVM) reported record Q3 revenue of US$126 million despite a net loss from a one-time noncash charge. The share price has jumped over 69% in 90 days, driving a one-year shareholder return above 214%. Market sentiment mixes optimism about Silvercorp's leverage to rising silver prices with caution over geopolitical risks in China and Ecuador. Analysts suggest a fair value of CA$28.58, well above the recent close of CA$16.02, reflecting expectations of production growth and cost control. Investors face a choice between buying into momentum or weighing key risks tied to political stability and commodity mix. Broader market options include undervalued stocks, dividend income plays, and low-risk resilient names.
Pearson PLC Announces Buyback of 211,629 Shares on London Stock Exchange
February 23, 2026, 3:06 AM EST. Pearson PLC completed a purchase of 211,629 ordinary shares on February 20, 2026, through Citigroup Global Markets Limited, as part of its £350 million buyback programme announced January 21. The shares, each valued at 25 pence, were acquired at prices ranging from 924.60p to 936.00p, with an average price of 928.39p. This transaction represents the initial £175 million tranche of the buyback plan. The company intends to cancel the repurchased shares, reducing the total share count. The share purchases occurred on the London Stock Exchange, with detailed trade information provided.
Bellway PLC Buyback Update: 18,000 Shares Acquired at Average 2,839.53p
February 23, 2026, 3:05 AM EST. Bellway PLC continues its share buyback programme, purchasing 18,000 ordinary shares on 20 February 2026 through Citigroup Global Markets Ltd at prices ranging from 2,818p to 2,856p, averaging 2,839.53p per share. These shares are to be cancelled, reducing total shares outstanding to 117,149,627. Since the programme began in October 2025, Bellway has cancelled over 2 million shares. The buyback aims to improve shareholder value by reducing share count. Trading details were provided in line with EU Market Abuse Regulation, with all transactions executed on the London Stock Exchange. This move signals Bellway's commitment to capital returns amid ongoing market conditions.
First Tin Shares Soar 55% in 2026 Amid Production Hopes
February 23, 2026, 3:04 AM EST. First Tin (LSE:1SN) shares have surged 55% since January and 225% over the past year, driven by anticipation of commercial production at its Taronga tin mine in Australia by 2027. The mine's projected production cost of $15,843 per tonne compares favorably with current tin prices around $45,680, suggesting high profit margins. However, First Tin remains a pre-revenue penny share, increasing investment risk. Potential delays in permits or operational disruptions could cause sharp declines, as much of the expected growth is already priced in at a £90 million market capitalization. Long-term tin demand from electric vehicles and renewables supports outlook but rising supply from other miners may pressure prices. Investors should weigh strong growth prospects against production and price volatility risks.
Medtronic Stock Review: Mixed Returns and Fair Valuation at $96.86
February 23, 2026, 3:03 AM EST. Medtronic (MDT) shows mixed long-term returns with an 11.1% gain over one year, 27.9% over three years, but a 3.8% drop over five. As a key medical technology player, the stock trades near its intrinsic value of $94.80, based on discounted cash flow (DCF) analysis. The current price of $96.86 suggests the shares are about 2.2% overvalued, a negligible difference within normal market noise. Analysts project Free Cash Flow growth to $7.1 billion by 2028. Medtronic scores 3 out of 6 on Simply Wall St's valuation measures. Investors face mixed signals but the stock appears fairly priced for now, warranting close monitoring for future shifts.
Lean Hog Futures Rally Amid Export Slowdown and Market Activity
February 23, 2026, 3:02 AM EST. Lean hog futures extended gains on Friday, with April contracts up $2.40 this week. Despite this, USDA's national base hog price dipped to $88.96. Pork exports slowed to a 5-week low, with Mexico buying the majority at 9,200 MT, and overall shipments hitting the year's lowest at 35,653 MT. Managed money reduced long positions by 16,820 contracts, reflecting cautious market sentiment. USDA reported a slight drop in hog slaughter numbers compared to last week and last year. The pork carcass cutout value fell 67 cents to $95.61 per hundredweight, except ribs and bellies which rose. Key futures closed higher: April at $93.675, May at $98.275, and June at $107.825, signaling ongoing bullish momentum in lean hogs.
Kromek Shares Surge 150%, Outperforming FTSE 100 on Siemens Deal
February 23, 2026, 3:00 AM EST. Kromek (LSE:KMK), a small-cap penny stock, surged nearly 150% in six months, reaching just under 12p per share, significantly outperforming the FTSE 100. The firm, specializing in radiation and bio-detection technology for advanced imaging and chemical, biological, radiological, and nuclear (CBRN) detection, recently signed a $37.5 million licensing deal with Siemens Healthineers. This deal propelled six-month revenue up 305% to £15 million and shifted Kromek into profitability with a £3.1 million pre-tax profit. Despite a decade-long 60% share price decline, current momentum looks strong, with analysts forecasting FY26 revenue of £27.1 million. Risks include supply chain issues and contract volatility. CEO Arnab Basu remains confident, citing robust orders and customer engagements.
Corn Futures Edge Higher on Wheat Spillover Support, Export Sales Remain Strong
February 23, 2026, 2:59 AM EST. Corn futures gained 1 to 4 cents on Friday, supported by spillover from wheat market gains. Despite March futures dropping 4 ¼ cents this week, the CmdtyView national average cash corn price rose 1 ¾ cents to $3.94 ¼. The December corn average close stands at $4.60, down 10 cents year-over-year. Export sales in the week of Feb. 12 showed solid demand with 1.47 million metric tons (MMT) of old crop corn sold, 1.1% above last year. Japan led purchases with 381,500 MT, followed by Mexico and Taiwan. Speculative trading saw a reduction of 20,795 contracts, with the net short position reaching 27,415 contracts as of Feb. 17. A South Korean tender added 132,000 MT to market activity.
JD Sports launches £200 million share buyback plan
February 23, 2026, 2:58 AM EST. JD Sports Fashion PLC has initiated a new £200 million share buyback program starting immediately. The repurchase will be executed in two stages: the first up to £100 million by 31 July, and the remainder in the second half of the financial year. The move follows stable full-year profit guidance amid a challenging Christmas period, with the company expecting around £400 million in free cash flow for the year. Despite a 1.4% rise in organic festive sales over nine weeks, like-for-like sales dropped 1.8% due to price cuts impacting margins. Growth in North America offset weaker performance in the UK and Europe. Bank of America Merrill Lynch is managing the buyback. JD Sports will release full-year results and a first-quarter update on 7 May.
Aris Mining Surges 8.3% After NYSE Uplisting and Boosted 2025 Gold Output
February 23, 2026, 2:50 AM EST. Aris Mining (TSX:ARIS) jumped 8.3% following its February 19, 2026 uplisting to the New York Stock Exchange, enhancing its global visibility. The Colombia-focused gold producer reported a 22% increase in its 2025 gold output guidance, aiming for 500,000 ounces annually by expanding its Segovia and Marmato mines. Founder Neil Woodyer's appointment as Chair and CEO signals a leadership shift amid rapid scaling efforts. While the uplisting supports broader capital access, risks remain around execution and permitting. Analysts project a steep revenue climb to $1.5 billion and $695 million earnings by 2028, implying a 26% upside to the current share price. Investors should weigh optimism on growth against geopolitical and operational challenges in Colombia's mining sector.
Soybeans Slip on U.S. Supreme Court Ruling Affecting Tariff Authority
February 23, 2026, 2:49 AM EST. Soybean futures fell by 2 to 4 cents on Friday after the U.S. Supreme Court ruled that the President cannot use the International Emergency Economic Powers Act (IEEPA) to impose tariffs. This decision shifted markets into risk-off mode, as it potentially weakens U.S. tariff leverage over China. President Trump later announced a 10% blanket tariff to take effect for 150 days. Meanwhile, soybean sales surged, with 798,216 metric tons booked for the old crop week ending Feb. 12, up 66% from last year, led by significant purchases from China, Egypt, and Japan. Soymeal and soy oil futures showed mixed moves, and managed money increased net long positions by 40,463 contracts for the week of Feb. 17. The average November soybean close in February was $11.03, up 49 cents year-over-year.
Kingfisher PLC Completes Further Share Buyback Under £300 Million Programme
February 23, 2026, 2:48 AM EST. Kingfisher PLC repurchased 18,963,200 ordinary shares on February 20, 2026, as part of its ongoing £300 million share repurchase programme announced in March 2025. The shares, each valued at 15 5/7 pence, were bought from Goldman Sachs International through London Stock Exchange rules in an 'on-exchange' transaction. This marks the fifth tranche of the buyback, adding to previous cancellations involving over 77 million shares from major banks including BNP Paribas and Morgan Stanley. The programme aims to reduce total shares outstanding, potentially boosting shareholder value. Kingfisher continues its methodical execution of the multi-tranche buyback strategy, maintaining transparency with detailed trade disclosures.
LSL Property Services PLC Executes Share Buyback, Updates Total Voting Rights
February 23, 2026, 2:47 AM EST. LSL Property Services PLC bought 30,000 of its own shares at 256.95 pence each on Feb. 20, 2026, through Shore Capital Stockbrokers as part of its ongoing share buyback program announced last month. These shares will be held in treasury, increasing treasury holdings to 4,080,809 shares. The total ordinary shares in issue with voting rights is now 101,078,141, out of an issued share capital of 105,158,950 with a nominal value of 0.2 pence each. This transaction reflects LSL's strategy to manage its capital structure while providing an update on shareholder voting power.
Array Technologies Sees Sharp Share Price Rebound Amid Profitability Shift
February 23, 2026, 2:46 AM EST. Array Technologies (ARRY) surged 59.29% over the past 90 days, reversing longer-term declines with a 1-year total shareholder return of 70.41%. Despite recent losses of $92 million on $1.33 billion revenue, investors eye growth prospects from international expansion and pending acquisitions. Shares closed at $11.23, slightly above a $10.97 fair value estimate based on a 10.87% discount rate and expectations of improving profit margins and earnings turning positive. The market seems to be pricing in future growth, though risks remain around execution and sector demand. Analysts warn that differing earnings forecasts and valuation multiples could alter fair value assessments significantly.
Nutrien (TSX:NTR) Posts Strong Earnings, Boosts Dividend, Eyes Valuation Debate
February 23, 2026, 2:45 AM EST. Nutrien (TSX:NTR) reported robust Q4 and full-year 2025 results, including higher sales and net income. The company increased its dividend and announced ongoing share buybacks, underpinning investor confidence. Nutrien's stock has surged 22.79% in 90 days, with a one-year total return of 35.31%, signaling sustained momentum. Trading near CA$97.43, close to the narrative fair value of CA$96.56, the stock faces a valuation debate amid an estimated 26% intrinsic discount per discounted cash flow (DCF) analysis suggesting a fair value of CA$131.03. Production efficiencies and tight supply support margins, but risks include environmental regulations and alternative crop nutrition adoption, which could pressure demand. Investors are advised to evaluate growth assumptions and market risks as Nutrien balances solid fundamentals with valuation uncertainties.
Finning International's 2025 Earnings Rise Supports Dividends and Buybacks
February 23, 2026, 2:44 AM EST. Finning International (TSX:FTT) reported 2025 full-year revenue of CA$10.6 billion and net income of CA$658 million, despite a CA$22 million intangible asset write-off. The company declared a quarterly dividend of CA$0.3025 per share and maintained ongoing share repurchases. Management's focus remains on returning cash to shareholders while executing a large backlog in a cyclical, capital-intensive sector. Future projections estimate revenue to slightly decline by 2.4% annually, with earnings rising to CA$700 million by 2028, implying a fair value near CA$99.89 per share, about 9% above current levels. However, risks from South American margin pressures and working capital build-ups persist. Varied fair value estimates highlight the importance of assessing different investment perspectives on Finning's cash conversion and backlog execution.
US Dollar Slumps as Trump Announces 15% Global Tariff; Stock Markets Brace for Losses
February 23, 2026, 2:43 AM EST. The US dollar fell 0.4% against a currency basket following President Donald Trump's announcement of a 15% global tariff, escalating trade war tensions after the Supreme Court blocked previous tariffs. US stock futures point to losses on Wall Street while bitcoin weakened. Economists warn rising uncertainty and increased risk of trade conflict. US Trade Representative Jamieson Greer stressed that existing bilateral trade deals remain intact despite the new tariff. Asian markets reacted unevenly: Australia's stocks dropped 0.6%, while Hong Kong's Hang Seng surged 2.4%, benefiting from tariff shifts. Key upcoming data includes German investor confidence and US factory orders.
IDFC First Bank Shares Plunge 20% After ₹590 Crore Fraud; Investors Weigh Risks
February 23, 2026, 2:32 AM EST.IDFC First Bank shares plunged 20% on February 23 after the bank disclosed fraudulent transactions totaling around ₹590 crore at a Chandigarh branch. The fraud involved deposits linked to Haryana Government entities, prompting the government to de-empanel the bank for parking funds. Analysts estimate the potential outflow of deposits at around ₹20 billion, about 0.7% of total deposits, which could pressure the bank's earnings and CASA (current account, savings account) ratios. IDFC First Bank has reported the issue to the Reserve Bank of India (RBI) and law enforcement agencies. The bank says the fraud is isolated and recovery efforts are underway, but investors remain cautious amid possible deposit shifts to public sector banks.
Hyperscalers Shift AI Spending to Debt, Testing Investor Confidence
February 23, 2026, 2:30 AM EST. Amazon, Meta and Alphabet increased their AI capital expenditure (capex) guidance, with UBS data showing hyperscalers' AI capex could reach $770 billion by 2026, a 23% rise from prior estimates. To finance this, these tech giants are relying more on bonds rather than cash flow, signaling a departure from their traditional 'fortress balance sheet' approach that insulated investors from speculative risks. This surge in borrowing, highlighted by Alphabet's $20 billion debt issuance including a 100-year bond, is stirring investor concerns about creditworthiness and the sustainability of AI investments amid potential tech obsolescence and a crowded bond market. BlackRock warns that growing corporate debt amid large deficits may pressure bond markets, underscoring risks as AI spending shifts from equity to debt funding.
Wheat Futures Rally as Speculators Cut Short Positions Amid Export Sales Drop
February 23, 2026, 2:28 AM EST. Wheat futures closed higher Friday with Chicago SRW up 13-14 cents, Kansas City HRW rising 6-9 cents, and Minneapolis spring wheat gaining 4-5.5 cents. March contracts logged weekly rallies between 15 and 30 cents. Export sales fell 41% week-on-week to 287,974 metric tons, with Mexico leading purchases. Speculative funds reduced net short positions by over 17,000 contracts in Chicago and nearly 9,000 in Kansas City. Weather forecasts show drier conditions in U.S. HRW wheat areas. French crop ratings slipped slightly to 88% good/excellent. Prices ended the week with March Chicago wheat at $5.73 1/2 per bushel and Kansas City wheat at $5.72 1/4. The mixed fundamentals and technical moves highlight cautious optimism in wheat markets.
U.S. Stocks Rise as Supreme Court Blocks Trump's Emergency Tariffs
February 23, 2026, 2:27 AM EST. The S&P 500, Dow Jones, and Nasdaq 100 all closed higher on Friday following a U.S. Supreme Court ruling that struck down President Trump's global tariffs imposed under a federal emergency powers law. The court found the move exceeded his authority. In response, Trump announced a new 10% global tariff under the Trade Act of 1974, which lasts 150 days unless Congress extends it. Markets initially dipped on weaker U.S. Q4 GDP growth (+1.4%, below 2.8% expected) and signs of persistent inflation, including a stronger-than-expected core PCE price index-the Federal Reserve's preferred inflation gauge. Manufacturing activity also softened, with the S&P manufacturing PMI falling to 51.2. Geopolitical tensions escalated as Trump pressured Iran over nuclear talks. Despite mixed economic signals, stock indexes ended the week at one-week highs.
InterContinental Hotels Group cancels 95,148 shares following latest buyback
February 23, 2026, 2:26 AM EST. InterContinental Hotels Group (IHG) repurchased 95,148 ordinary shares on February 20, 2026, at an average price of $143.26 per share, through Goldman Sachs International on the London Stock Exchange. The buyback was authorized by shareholders at IHG's Annual General Meeting on May 8, 2025. The company plans to cancel the repurchased shares, which will reduce the total ordinary shares in issue to 151,189,749, excluding 5,481,782 treasury shares. This move aims to consolidate equity and could positively influence earnings per share by reducing share count. The transaction demonstrates IHG's ongoing capital management strategy amid evolving market conditions.
Australian Shares Slip on U.S. Tariff Uncertainty; Miners Surge as Safe Haven Bets Rise
February 23, 2026, 2:12 AM EST. Australian shares fell 0.6% on Monday, dragged down by uncertainty over U.S. tariff policy after the Supreme Court struck down Trump's emergency tariffs, leading to new unpredictable global levies. The S&P/ASX 200 index closed at 9,026 points, retreating from last week's 1.8% gain. Financial stocks, including major banks, declined, and CSL, reliant on U.S. revenue, dropped 3.8%. Technology and consumer sectors also posted losses. Miners stood out, rising 1.7%, led by BHP Group's 1.3% gain. Gold stocks surged 4.1%, benefiting from safe-haven demand amid heightened market volatility. Experts see the downturn as a buying opportunity, expecting a rebound once trade policy clarity emerges. Meanwhile, New Zealand's S&P/NZX 50 index dropped 0.8%.
CoreWeave and Nebius AI Stocks Set for Potential Doubling by End of 2026
February 23, 2026, 2:11 AM EST.CoreWeave and Nebius Group, two AI-focused data center operators, have seen their shares rise 25% and 17% respectively in 2026 so far. Both companies build infrastructure tailored to AI computing, utilizing advanced chips leased to clients. Nebius projects revenue growth from $1.25 billion in 2025 to between $7 billion and $9 billion in 2026, driven by new data center sites. CoreWeave reported a 134% revenue increase in Q3 2025, with a $55.6 billion order backlog fueling further expansion. Despite their rapid growth, neither Nebius nor CoreWeave are profitable yet and are burning cash as they invest in market share. Strong demand for AI computing capacity underpins optimism for these stocks potentially doubling in value by 2026's end.
Cybergun (ALCYB.PA) Most Active Pre-Market on EURONEXT with Heavy Volume
February 23, 2026, 2:10 AM EST. Cybergun S.A. (ALCYB.PA) led EURONEXT's pre-market activity on Feb 23, 2026, trading at €0.0004 on unusually heavy volume of 689 million shares, nearly three times its average. The surge reflects speculative trading in this low-priced stock with over 11 billion shares outstanding, creating large intraday swings without fresh company news. Financially, Cybergun shows losses with a negative earnings per share and low market capitalization of around €4.5 million. Price action remains volatile, driven by liquidity spikes and retail flows rather than fundamentals. Technicals reveal consolidation but weak order books, urging caution for traders to manage risk by scaling positions and watching spreads carefully.
Markets Unfazed by Trump's Latest Tariff Increase, Analysts Urge Patience
February 23, 2026, 1:59 AM EST. U.S. President Donald Trump's recent move to raise global tariffs from 10% to 15% has elicited a muted market response. Investors appear to view the hike as a temporary procedural adjustment following the Supreme Court's ruling that invalidated previous tariffs under the International Emergency Economic Powers Act. Market strategists note that tariffs remain in place under other provisions targeting steel, autos and China, but see no fundamental shift unsettling markets. Analysts from Atlas Funds Management recommend patience, describing the tariff news as short-term noise unlikely to affect earnings or market stability. The prevailing view is to "sit still and do nothing," as President Trump's trade policy remains unpredictable and subject to recalibration.
Is It Too Late to Invest in BAE Systems Shares After 20% Gain in 2026?
February 23, 2026, 1:58 AM EST. BAE Systems shares have surged 20% in 2026, reflecting a broader uptick in global defence spending amid ongoing conflicts. The company posted a 10% rise in sales and earnings per share in fiscal 2025. Despite a high price-to-earnings (P/E) ratio of 31 compared to the FTSE 100 average of 18, analysts forecast this will ease to 23 in 2027 as earnings grow. BAE, a key UK defence manufacturer with half its revenue from the US, faces risks tied to global conflicts; peaceful resolutions could pressure the stock. However, the sustained rise in defence budgets suggests BAE remains a compelling investment, with the post-peace dividend era seemingly over.
Virtu Financial's Costly Growth Strategy May Squeeze Margins, Pressure Stock
February 23, 2026, 1:56 AM EST. Virtu Financial Inc. (VIRT) is driving aggressive growth through heavy spending on hiring, employee pay, and technology upgrades. This push, disclosed as a new risk in Corporate Activity and Growth, risks squeezing profit margins if investments don't deliver quick returns. The firm might face write-downs, restructuring, and stock price declines. Wall Street holds a cautious stance with a consensus Hold rating based on 2 Buys, 1 Sell, and 3 Holds. Investors should watch how Virtu manages rising operating and capital costs amid its growth ambition.
Nifty Range-Bound Amid Rising Volatility and IT Sector Lag on February 23
February 23, 2026, 1:55 AM EST. Nifty is expected to trade within the 25,300-25,800 range after Friday's rebound, with the midpoint near 25,550 acting as a key pivot. The India VIX jumped 6.7%, signaling increased volatility and intraday swings. Information Technology (IT) stocks lag due to cautious earnings outlooks, while banks and autos may provide support. Global risk sentiment improved on positive tariff court developments in the US and Europe, but geopolitical tensions limit upside potential. German investors focusing on India-based ETFs are advised to maintain tight risk controls and stagger entries. Market participants should prefer buying dips near 25,300 and fading strength near 25,800, with stops tighter than usual amid heightened volatility.
Custom Packaging Stickers Drive Brand Recognition and Customer Engagement in Australia
February 23, 2026, 1:44 AM EST.Custom packaging stickers are gaining traction in Australia's retail and e-commerce sectors as affordable, effective branding tools. They enhance packaging by adding professional, cohesive visuals that build brand recognition and trust, which influence repeat sales. The stickers also elevate the unboxing experience, turning deliveries into memorable moments. Their flexibility supports quick updates for promotions or limited editions, often including functional features like QR codes. Financially, stickers offer a cost-effective way to polish packaging without full redesigns. Technological advances ensure durable, high-quality prints on recyclable paper or PET materials, balancing performance with growing sustainability demands. These trends underscore how subtle packaging details can significantly impact customer perception and brand loyalty.
Cotton Futures Rally as US Export Sales Hit Marketing Year High
February 23, 2026, 1:43 AM EST. Cotton futures surged by 110 to 150 points on Friday, with March contracts closing up 92 points. The USDA's Export Sales report revealed a marketing year high of 466,253 running bales (RB) sold for the week ending Feb. 12, led by strong demand from Vietnam, Bangladesh, and Pakistan. Despite the rally, shipments fell to a five-week low at 172,615 RB. Managed money increased net short positions by 3,906 contracts, totaling 79,508. The Cotlook A Index rose 15 points to 73.70 cents/lb, while the Adjusted World Price gained 66 points to 50.05 cents/lb. ICE certified cotton stocks also climbed to 119,457 bales. Crude oil dipped slightly to $66.36 per barrel, and the U.S. dollar index declined to 97.685.
Sensex and Nifty Rise on US Tariff Ruling and Strong Earnings
February 23, 2026, 1:42 AM EST. The Indian stock market opened Monday with strong gains, led by the Sensex rising 563 points (0.68%) to 83,375 and Nifty gaining 170 points (0.67%) to 25,741. Gains followed the US Supreme Court ruling that struck down President Trump's tariffs, easing trade tensions. Broad indices such as Nifty Midcap 100 and Smallcap 100 rose modestly. Sectoral gains were led by PSU banks (up 1.13%), metals, and autos, while IT and chemicals saw slight losses. Analysts noted the delayed Indian trade team visit to the US reflects the new scenario but cautioned gains may not spark a long rally. Asian markets were mixed; Japan's Nikkei fell, while Hong Kong and South Korea advanced. US markets ended mostly lower in their last session. Foreign investors sold equities as domestic investors bought.
European Stocks Slip as Trump Announces New 15% Global Tariffs
February 23, 2026, 1:40 AM EST.European stocks are set to open lower following U.S. President Donald Trump's unexpected announcement of a new 15% global tariff, an increase from the previous 10%. The FTSE, DAX, CAC 40, and FTSE MIB are all expected to fall, reflecting investor concerns over rising trade tensions. Trump's move reverses optimism after the U.S. Supreme Court struck down parts of his earlier tariff policy. U.S. stock futures dropped Sunday amid worries about inflation and global growth. Meanwhile, Asia-Pacific markets showed resilience, gaining despite the tariff news. The week starts quietly on corporate earnings, with focus shifting to Germany's Ifo business climate survey and Italy's latest inflation data, which could offer further insight into Europe's economic outlook.
Natural Gas Prices Rise on Colder US Weather Forecasts and Tight Supply
February 23, 2026, 1:28 AM EST. March Nymex natural gas prices rose 1.7% on Friday, driven by revised US weather forecasts predicting below-normal temperatures in the Midwest through Feb. 24, raising heating demand. US dry gas production reached 113.4 billion cubic feet per day (bcf/d), up 12.5% year-on-year, but demand dropped 30.3% year-on-year. Despite forecasts for increased 2026 production, near-record high drilling activity supports output levels. Winter cold in late January caused supply disruptions, with 15% of US production offline due to freeze-ups. Inventory draws were smaller than expected, reflecting tight supplies, with stocks 5.6% below the 5-year average. European gas storage remains low at 32% full versus a 49% average. Active drilling rigs held steady at a 2.5-year peak of 133, highlighting ongoing production strength amid colder weather concerns.
Dollar Falls After US Supreme Court Blocks Trump's Global Tariffs
February 23, 2026, 1:27 AM EST. The U.S. dollar index dipped 0.13% from a four-week high on Friday after the Supreme Court struck down President Trump's global tariffs, citing overreach of federal emergency powers. The ruling may increase the budget deficit by removing tariff revenue. Weaker U.S. economic data also pressured the dollar. Q4 GDP rose 1.4%, below the expected 2.8%, while the February S&P manufacturing PMI and the University of Michigan consumer sentiment index disappointed. However, the dollar's losses were capped as core PCE inflation, the Federal Reserve's preferred gauge, rose 2.7% annually, hinting at continued Fed tightening. Atlanta Fed President Raphael Bostic backed keeping interest rates moderately restrictive, supporting the dollar amid these mixed signals.
US futures and bitcoin fall post-Supreme Court tariff ruling as Asian markets show mixed trends
February 23, 2026, 1:25 AM EST.US futures slipped after the Supreme Court struck down most of former President Trump's tariffs. The S&P 500 futures fell 0.8%, and the Nasdaq futures dropped 1%. Bitcoin tumbled over 5%, breaching $65,000 amid regulatory concerns and risk-off sentiment. Asian markets showed mixed moves: Hong Kong's Hang Seng surged 2.2%, while South Korea's Kospi fell 0.1% and Australia's S&P/ASX 200 dropped 0.6%. The ruling benefits countries previously disadvantaged by U.S. tariff policy, said Rabobank's Benjamin Picton, but uncertainty remains. Trump announced plans for new tariffs via an executive order, adding a 15% global tariff potentially limited to 150 days. Akamai Technologies tumbled 14.1% despite strong 2025 results, citing higher capital expenditures amid AI-driven memory shortages.
Nifty and Bank Nifty Outlook for Feb 23-27 with Top Stock Picks
February 23, 2026, 1:24 AM EST. SBI Securities' Sudeep Shah recommends KEI Industries and Punjab National Bank as key buys for the week starting February 23. The Nifty index remains in a tight consolidation range between 25,400 and 26,000 points, showing elevated volatility despite flat momentum indicators. The market could gap up 350-400 points on the back of a positive Supreme Court ruling against Trumpera tariffs. Critical support levels lie at 25,350 while resistance hovers near 26,000. Meanwhile, the Bank Nifty outperforms and trades near record highs, supported by strong sector momentum and bullish technicals, signalling banking stocks remain market leaders. Investors should watch price action around these pivotal zones for cues on a breakout or breakdown.
Is Amgen (AMGN) Undervalued Despite Strong Multi-Year Gains?
February 23, 2026, 1:13 AM EST.Amgen Inc (AMGN) closed at $374.75 with strong gains: 27.6% over 1 year and 76.2% over 3 years. Yet, a Discounted Cash Flow (DCF) analysis estimating future cash flows suggests an intrinsic value of $647.81 per share, implying the stock trades at a 42.2% discount. This signals potential undervaluation despite recent market strength. The Price-to-Earnings (P/E) ratio, a measure relating share price to company earnings, also factors into assessing valuation by comparing what investors pay against profits amid growth expectations and risks. Amgen's valuation score of 4 out of 6 further frames investor sentiment amid its pharmaceutical and biotech portfolio. While returns outperform some peers, the stock's pricing may not fully reflect its fundamental value, warranting a closer look for potential investment opportunities.
3 Consumer Stocks to Buy at a Discount Amid Market Uncertainty
February 23, 2026, 1:12 AM EST. Amid market uncertainty, Conagra Brands, Macy's, and Signet Jewelers emerge as undervalued consumer stocks with strong growth prospects. Conagra shares have dipped over 20% in the past year due to inflation and changing consumer habits but offer a 7.6% forward dividend yield, backed by management's AI-led 'Project Catalyst' initiative and strategic brand moves. Macy's stock soared 75% in six months, benefiting from cost cuts and a focus on affluent shoppers, yet still trades at a 12 times forward earnings, suggesting room for further gains. Signet Jewelers, owner of Kay and Zales, surged 80% post-restructuring and lab-grown diamond adoption, positioning it as a compelling post-rally bargain. These stocks provide potential for long-term portfolio growth despite short-term volatility.
Energy Demand Concerns Pressure Crude Oil Prices Amid Geopolitical Risks
February 23, 2026, 1:11 AM EST.Crude oil and gasoline prices dipped on Friday following weaker U.S. economic data that sparked concerns about energy demand. The U.S. Q4 GDP growth of 1.4%, below expectations of 2.8%, alongside a drop in manufacturing activity and consumer sentiment, weighed on markets. Despite these factors, crude oil losses were limited due to a softer U.S. dollar and escalating geopolitical tensions. President Trump increased pressure on Iran regarding its nuclear program, hinting at possible military action, which supports oil prices. Meanwhile, unresolved conflict between Russia and Ukraine sustains restrictions on Russian crude, keeping supply tight. However, an increase in crude held in floating storage by Russia and Iran presents a bearish factor for prices. The complex balance between demand worries and geopolitical risks keeps energy markets unsettled.
Vanguard Russell 2000 ETF Offers Broad Small-Cap Market Exposure at Low Cost
February 23, 2026, 1:10 AM EST. The Vanguard Russell 2000 ETF (VTWO) tracks the Russell 2000 index, providing broad exposure to approximately 2,000 U.S. small-cap stocks ranked between 1,001 and 3,000 by market capitalization. With a low expense ratio of 0.06%, it stands out as an affordable option for investors seeking this segment. Unlike the S&P 600, which applies a quality filter for positive earnings, the Russell 2000 includes all stocks in its range, encompassing both profitable and unprofitable firms. This approach can benefit long-term investors by offering comprehensive market coverage and potential for higher returns in bull markets. The ETF consistently holds every stock in the index, ensuring tight tracking. Its inclusive methodology makes it a preferred choice for those aiming to capture full small-cap market dynamics over investment cycles.
Australian Shares Slip as Austal Reports Higher Earnings Demand
February 23, 2026, 1:09 AM EST. Australian shares dropped 0.61% to close at 9,026 amid U.S. tariff tensions initiated by President Trump's new 15% import duties. The S&P/ASX 200 fell as investors sought safer assets like gold, which rose 1% to $5,161.64 per ounce. Domestically, Commonwealth Bank forecasts headline inflation easing to 3.7% in January. Austal reported fiscal first-half earnings grew to AU$0.071 per share with revenues rising to AU$1.11 billion, yet its shares tumbled 10%. Perenti posted stable revenue of AU$1.73 billion but saw shares fall 13%. Regis Healthcare delivered almost flat earnings but raised revenues to AU$667.7 million, with shares closing 7% higher. Trade policy uncertainty and mixed company results influenced market movements today.
IDFC First Bank Executes Rs. 41.53 Crore Block Trade on NSE
February 23, 2026, 1:08 AM EST. IDFC First Bank Ltd. saw a significant block trade on the National Stock Exchange (NSE) with a transaction value of Rs. 41.53 crore. Approximately 5.9 million shares were traded at Rs. 70.33 per share, signaling substantial institutional activity. Block trades involve large-scale transactions executed outside regular market hours to reduce price disruption. This move points to potential portfolio adjustments by major investors such as mutual funds or foreign institutional investors. The trade underscores notable market interest in IDFC First Bank amid prevailing market conditions.
IDFC First Bank Sees Rs. 40.08 Crore Block Trade on NSE
February 23, 2026, 12:59 AM EST. IDFC First Bank Ltd. witnessed a significant block trade worth Rs. 40.08 crore on the National Stock Exchange (NSE). A total of 5,974,176 shares changed hands at Rs. 67.09 per share. Block trades facilitate large-volume institutional transactions without disturbing regular market prices. This deal highlights robust institutional interest in the bank's stock, signaling possible portfolio adjustments or stake transfers. The trade also offers insight into institutional valuation of IDFC First Bank, contributing to price discovery in India's banking sector.
Spotify Technology Shares Rise After Strong Q4 Earnings Beat and 2026 Profitability Guidance
February 23, 2026, 12:58 AM EST. Spotify Technology (NYSE:SPOT) reported Q4 2025 sales of €4.531 billion, up from €4.242 billion a year earlier, with net income soaring to €1.174 billion, eclipsing €367 million previously. Full year 2025 sales reached €17.186 billion, bolstering net income to €2.212 billion. Basic earnings per share nearly doubled to €10.77. For Q1 2026, Spotify guided revenue of €4.5 billion and operating income of €660 million, signaling a focus on profitability alongside growth. The stock rose 7.04% over seven days, trading at $490.60 below fair value estimates near $770, reflecting investor interest. This aligns with Spotify's strategy to grow premium subscribers with a higher average revenue per user (ARPU), boosting free cash flow and shareholder value amid renewed pricing power with music labels.
Caterpillar Stock Surges 36% in 3 Months but Valuation Raises Concerns
February 23, 2026, 12:57 AM EST. Caterpillar (CAT) shares have climbed 21.2% in the past month and about 36% over three months, fueled by strong total shareholder returns of 126.5% over one year and 285.9% over five years. Despite recent gains, Caterpillar's Q3 2024 sales fell 4% year-on-year, impacted by weaker volume in construction and resource industries across key regions like the U.S. and Europe. The company posted a 16.3% net income margin, exceeding forecasts. However, a valuation analysis indicates Caterpillar is currently overvalued at $759.74 per share, compared to a fair value estimate near $338.56. Investors are advised to weigh future growth assumptions, profit margins, and geopolitical factors before repositioning in the heavy industry sector.
Coffee Prices Show Mixed Close Amid Supply Boosts from Brazil and Vietnam
February 23, 2026, 12:56 AM EST.Coffee prices closed mixed on Friday, with May Arabica up 0.11% and May Robusta down 0.80%, as markets consolidated recent losses. A weaker U.S. dollar prompted some short covering in coffee futures. The market faces pressure due to improved global supply outlooks, highlighted by Brazil's forecasted 17.2% rise in coffee production for 2026 to a record 66.2 million bags, driven by favorable weather and abundant rainfall in major growing regions. Vietnam's coffee exports surged significantly, adding to supply concerns. Meanwhile, recovering inventories monitored by ICE for both Arabica and Robusta also weigh on prices. However, reduced output in Colombia and a 42.4% drop in Brazil's January coffee exports provide some support. The USDA projects global coffee production will reach a record in 2025/26, with robusta growth offsetting arabica declines.
IDFC First Bank Executes Rs. 152.99 Crore Block Trade on NSE
February 23, 2026, 12:51 AM EST. IDFC First Bank Ltd completed a significant block trade on the National Stock Exchange (NSE), involving 21.91 million shares valued at Rs. 152.99 crore. The shares were traded at Rs. 69.81 each, illustrating strong institutional interest in the bank's stock. Block trades refer to large-volume transactions conducted by institutional investors to facilitate substantial trades without disrupting market prices. This sizable transaction signals possible portfolio adjustments or strategic moves by large market participants in IDFC First Bank's shares.
Cattle Futures Slip Ahead of USDA Cattle on Feed Report
February 23, 2026, 12:35 AM EST. Live cattle futures dropped between 80 cents and $1.60 as traders await the USDA Cattle on Feed report. Cash cattle trade remains quiet, with bids near $245 across the U.S. The recent Fed Cattle Exchange auction saw no sales at offered prices. Feeder cattle futures declined $2.50 to $3 midday, despite the CME Feeder Cattle Index rising 90 cents to $376.92 on Feb. 18. USDA Export Sales reported 14,694 MT of beef sold in the week ending Feb. 12, a five-week low. Anticipated January cattle placements are down 3.5% year-over-year, with marketings down 12.9%. Boxed beef prices rose, with Choice boxes up $1.50 to $366.67. Federally inspected slaughter reached 112,000 head on Thursday, boosting the weekly total but remaining below last year's level.
US Futures Dip as Asian Markets Rise Following Supreme Court's Rejection of Trump's Tariffs
February 23, 2026, 12:27 AM EST. US futures declined Monday while most Asian markets advanced after the Supreme Court struck down key portions of former President Donald Trump's tariffs. Hong Kong's Hang Seng index surged 2.2%, and South Korea's Kospi gained 1.1%, reflecting regional winners from the tariff policy shifts. However, China's Shanghai Composite fell 1.3%, and Australia's S&P/ASX 200 dropped 0.4%. The ruling injects uncertainty as US tariffs remain but will be implemented differently. Trump announced plans for a new 15% global tariff via executive order, signaling continued trade tensions. Market reactions remain mixed amid concerns over inflation and economic growth, as investors weigh the evolving trade landscape and its impact on global equities.
IDFC First Bank Shares Plunge Nearly 19% Following Rs 590-Crore Employee Fraud Disclosure
February 23, 2026, 12:25 AM EST. IDFC First Bank shares dropped nearly 19% on February 23 after the lender revealed a Rs 590-crore fraud linked to certain employees and accounts held by the Haryana government. The bank reported the case to regulators and police. The fraudulent amount equals roughly 0.9% of the bank's net worth and about 20% of its estimated fiscal 2026 pre-tax profit, according to brokerages UBS and Morgan Stanley. Haryana government suspended the bank from handling state business. Four bank officials were suspended. IDFC First Bank continues a reconciliation exercise to assess the exact loss and potential recoveries. Market reaction indicates investor concerns over fraud risks in private lenders and possible wider impact.
US Supreme Court Ruling Lifts Sugar Prices Amid Brazil Export Prospects
February 23, 2026, 12:24 AM EST. Sugar prices surged with March NY world sugar up 1.63% and May London ICE white sugar rising 0.82% after the U.S. Supreme Court struck down President Trump's tariffs, potentially easing U.S. imports from Brazil and shrinking global sugar supply. A weaker U.S. dollar also supported the rally. Brazil's sugar output showed mixed signals, with January's Center-South production down 36% year-on-year but cumulative output slightly higher. Despite earlier worries about a global sugar surplus projected by analysts from Czarnikow, Green Pool, and StoneX, production declines in Brazil and approved additional Indian exports-India being the world's second-largest sugar producer-are adding uncertainty. India raised its 2025/26 sugar production estimate by nearly 19%, while the Thai sugar outlook weighs bearish on prices. The complex interplay of judicial rulings, production data, and export policies is keeping sugar markets volatile.
IDFC First Bank Sees Rs. 178.57 Crore Block Trade on NSE
February 23, 2026, 12:22 AM EST. IDFC First Bank experienced a major block trade on the National Stock Exchange (NSE), with 25.16 million shares changing hands at Rs. 70.98 per share, totaling Rs. 178.57 crore. Block trades involve large transactions by institutional investors conducted outside regular hours to avoid market disruption. This notable activity signals strong institutional interest and possible portfolio adjustments in the private sector bank's stock.
BetaPro Crude Oil Inverse Leveraged Daily Bear ETF (HOD:CA) Shows Weak Ratings, Short Trading Signal Advised
February 23, 2026, 12:21 AM EST. BetaPro Crude Oil Inverse Leveraged Daily Bear ETF (HOD:CA) displays weak ratings across near, mid, and long-term assessments as of February 23, 2026. Current trading advice recommends a short position near 4.47, with a stop loss set at 4.49, indicating bearish sentiment. No long-term buying plans are suggested, reflecting cautious market outlook for this ETF.
Avon Technologies Valuation Holds Steady Amid Sector M&A Influences
February 23, 2026, 12:08 AM EST. Avon Technologies' fair value remains at £21.28, influenced slightly by changes in the discount rate, as analysts weigh recent sector mergers and acquisitions (M&A). The Mission Produce acquisition of Calavo Growers serves as a key benchmark, with Roth Capital and Lake Street noting the deal's positive strategic impact and prompting sector consolidation comparisons. Despite less explicit commentary on Avon itself, investors watch for clearer growth indicators. Avon declared a final dividend of 17 US cents per share, payable in GBP, due March 6, 2026, and secured a $20.6 million European order for CBRN protection products under a NATO contract, aligning with fiscal 2026 guidance. The evolving M&A backdrop frames Avon's valuation story as investors assess risk and reward within this dynamic sector context.
Cocoa Prices Rise on Dollar Weakness and Short Covering Amid Oversupply
February 23, 2026, 12:07 AM EST. Cocoa futures rallied Friday with March ICE NY cocoa up 3.77% and London cocoa gaining 6.25%, driven by dollar weakness that spurred technical short covering. Prices had sunk to 2.75-year lows during a six-week selloff fueled by oversupply and weak demand. Ivory Coast and Ghana, which supply over half the world's cocoa, are cutting farm-gate prices amid reluctant buyers and rising inventories reaching a 5.25-month high. Global cocoa stocks grew 4.2% year-on-year, with forecasts expecting surpluses into 2026/27. Demand weakness continues, reflected in a 22% sales drop at Barry Callebaut and sharp declines in European and Asian cocoa grindings. Favorable weather in West Africa signals larger crops ahead, adding to bearish pressure despite Friday's price rebound.
India Market Snapshot: Stocks, Rupee, Bonds, Swaps Update at 10 a.m. IST
February 23, 2026, 12:06 AM EST. India's financial markets opened with key movements in stocks, the rupee, bond yields, and interest rate swaps at 10 a.m. IST. Market participants are closely monitoring these indicators for signals on economic momentum and monetary policy impact. Data sourced from ICE Data Services and FactSet highlights the early trends shaping investor sentiment across asset classes today.
US Short Seller Targets ASX's Nova Minerals Over Alaska Mine Project Risks
February 23, 2026, 12:04 AM EST. Nova Minerals, an ASX-listed company, faced a trading halt after New York hedge fund Spruce Point Capital issued a 61-page report accusing the company of obstacles on its flagship Estelle gold-antimony mine in Alaska. The report highlighted risks including infrastructure shortfalls, community opposition, and harsh weather, raising doubts about meeting project deadlines. Spruce Point also questioned the credentials of a key company advisor. The development added pressure on Nova's shares amid growing US short-seller criticisms of hot Australian stocks.
