Financial Summary: Saturday, February 21, 2026
Financial news summary and key insights from Saturday, February 21, 2026. Browse summaries by category below.
Markets
U.S. stocks rose following the Supreme Court's decision to eliminate Trump's tariffs, ending the Nasdaq's longest weekly decline since 2022.
The U.S. dollar is on the rise, with projections for the Dollar Index to reach 100-102 amid signs of economic resilience.
Indian stock markets rebounded with gains in Nifty and Sensex, despite global uncertainties and rising tensions between the US and Iran.
Foreign institutional investors turned net buyers in February, investing Rs 16,912 crore, indicating a potential trend reversal.
Market volatility raises concerns among retail investors, with some strategies potentially leaving significant gains untapped.
Robert Kiyosaki predicts Bitcoin will rise to $67,000 due to two significant catalysts, expressing strong confidence in the cryptocurrency.
Silver and gold prices surge as market dynamics shift following changes in Iran's economic strategies.
Investors are eyeing a high-yield dividend stock that has seen a 97% drop, sparking discussions on potential buying opportunities.
Market analysts recommend three stocks to buy now, highlighting their current sale prices as attractive investment opportunities.
World
The U.S. Supreme Court's ruling limits President Trump's tariff policies, raising concerns about executive power and providing relief to trading partners.
Residents in Tehran express fears of a potential U.S. attack amid escalating regional tensions, while Iran's foreign minister prepares a proposal for negotiations.
Iranian students have intensified anti-regime protests as the new academic semester begins, chanting slogans against the government on campuses in Tehran.
France's trade minister states that the EU is prepared to retaliate against the U.S. over tariffs imposed by President Trump, emphasizing the bloc's readiness to respond.
US Ambassador Huckabee's comments suggesting it 'would be fine' for Israel to take over parts of the Middle East have sparked widespread outrage across the region.
Companies
Equinox's chairman highlights the growing trend of wellness spending among affluent consumers, stating that 'health is the new luxury'.
Hedge fund Saba proposes acquiring stakes in Blue Owl funds at a discount to boost investor confidence amid market challenges.
JSW Steel and Tata Steel are expected to recover margins due to strong domestic demand in India's steel sector.
Stonepeak has completed a $700 million acquisition of Southern Marinas, expanding its presence in the marina sector.
A coffee chain has filed for Chapter 11 bankruptcy and is closing cafes as part of its restructuring efforts.
Berkshire Hathaway sold more stocks than it bought in Warren Buffett's final quarter as CEO, reducing stakes in major companies.
RingCentral shares hit a 52-week high following a profitable quarter and the announcement of dividends.
BNP Paribas joins other financial giants in using Ethereum for money market tokenization, marking a shift in fund management.
Jim Cramer warns that Amazon's reduced free cash flow makes it a challenging investment.
Whetstone sold 79,000 shares of monday.com for $15.3 million, indicating a significant divestment.
Warren Buffett has sold Amazon shares and invested in a different stock, signaling a shift in strategy.
A regional office furniture company has filed for Chapter 11 bankruptcy, highlighting challenges in the sector.
Billionaire investor Druckenmiller invests $152 million in megacap tech stocks, reflecting confidence in the sector.
General
The National Parent Teacher Association has severed its relationship with Meta due to concerns over child safety amid ongoing legal challenges.
In California, the rise of RV living is becoming a crucial housing alternative as rental prices continue to skyrocket.
New research indicates that health outcomes are more significantly affected by zip codes than by income levels.
Seniors selling their homes after age 63 may face increased Medicare premiums, potentially costing them thousands.
Major airlines are waiving change and cancellation fees in preparation for a major winter storm affecting travel plans.
California counties with the highest property taxes have been identified, revealing significant financial pressures on homeowners.
Tech
OpenAI has cut its compute spending target to $600 billion by 2030, a significant reduction from the previous $1.4 trillion.
A report identifies 12 entry-level jobs with salaries over $80K that are likely to remain safe from AI disruption.
Coinbase CEO Brian Armstrong claims that quantum computing does not pose a significant threat to blockchain technology.
A veteran analyst has recommended two key AI stocks for investors looking to capitalize on the growing market.
Investors are weighing the potential of Nvidia versus Alphabet as top contenders in the booming AI stock market.
India
Tech leaders and global executives convened in New Delhi for the India AI Impact Summit, announcing significant investments to boost AI initiatives in the country.