Financial Summary: Saturday, February 14, 2026
Financial news summary and key insights from Saturday, February 14, 2026. Browse summaries by category below.
World
President Trump has announced plans to implement national voter-ID requirements in preparation for the upcoming midterm elections.
Tech
Anthropic's Super Bowl ad campaign has increased user engagement by 11%, prompting a response from OpenAI's CEO.
OpenAI plans to introduce advertising on ChatGPT for select users, marking a new monetization strategy for AI platforms.
China's tech giants are launching a giveaway campaign for Lunar New Year, with ByteDance's AI model catching Elon Musk's attention.
AWS CEO discusses the future of AI and the recovery of struggling software stocks, emphasizing the need for innovation.
Elon Musk revealed that Tesla's upcoming $25,000 Cybercab will be 'agonizingly slow' as they aim to produce 2 million robotaxis annually.
Markets
U.S. stock indexes experienced their worst weekly performance since November, dropping over 1.2% despite positive inflation data.
Indian equity markets fell over 1% this week, driven by a selloff in IT stocks amid concerns over AI job losses.
NICE stock plummeted 38.5% after a significant sell-off, raising investor concerns about market stability.
Market experts predict moderate returns of 10-12%, suggesting current volatility presents investment opportunities.
Ray Dalio warned that America's wealth-to-money ratio is at levels reminiscent of the 1929 market crash, indicating potential economic instability.
Infosys and Wipro ADRs rebounded 4% after a significant drop, following a 19% decline in the Nifty IT index over eight sessions.
Companies
Los Angeles has filed a lawsuit against American Industrial Partners for allegedly inflating firetruck prices by reducing competition.
Elon Musk's xAI faces a potential lawsuit from the NAACP over alleged air pollution violations at its Mississippi data center.
CEOs of six major banks received compensation packages exceeding $40 million each in 2025, highlighting high executive pay in finance.
Indian IT firms are adopting new AI models to boost software development, showing resilience despite recent stock sell-offs.
Innovana Thinklabs reports an 18.22% decline in net profit for Q3 2025, despite a 20.64% increase in sales.
Nazara Technologies sees a significant 67.93% drop in net profit for the December quarter, with sales down 24.07%.
Gammon India faces a massive net loss of Rs 346.10 crore in Q3 2025, as sales plummet by 65.06%.
Exato Technologies reports an impressive 86.99% rise in net profit for Q3 2025, alongside a 22.31% increase in sales.
Ola Electric's Q3 revenue drops 55% year-on-year, although net loss narrows to Rs 487 crore.
Crisil's Q4 PAT rises 7.5% year-on-year, with total income increasing by 17.5% to Rs 1,108.7 crore.
Quest Laboratories reports a staggering 416.67% increase in net profit for Q3 2025, with sales up 106.27%.
Signature Global and RMZ have formed a 50:50 joint venture for a mixed-use project in Gurugram with an investment of Rs 1,283 crore.
Deep Industries secured a Rs 148 crore contract from Oil India for a mobile drilling rig package in Assam and Arunachal Pradesh.
India
Uday Kotak has been appointed as the new chairman of Gujarat International Finance Tec-City, succeeding Hasmukh Adhia.
The Reserve Bank of India has revamped the Lead Bank Scheme to enhance credit accessibility in rural areas.
The Reserve Bank of India has implemented stricter funding norms for stock brokers, mandating fully secured funding moving forward.
The first phase of the Budget Session in India has concluded amid controversies over trade deals and a memoir by General Naravane.
General
The average IRS tax refund has risen by 10.9% this season, offering increased financial relief to taxpayers.
New insights into car insurance options for 2026 are empowering consumers to make informed choices.
Experts recommend delaying retirement to enhance financial stability and savings for individuals.
Financial expert Dave Ramsey stresses the importance of living within one's means for better financial health.