
Welcome back!
Here’s your must-read news this morning:
I’ve got all the details for you, so let’s dive in.
— Josh
MARKETS
Market Roundup
🏦 Economy
⭐ Editor’s Pick: Canadian Prime Minister Mark Carney said there are no plans for a China trade deal, after Trump threatened 100% tariffs. (CNBC)
BlackRock's Rick Rieder emerges as a top contender for next Fed chair amid rising odds in prediction markets. (YF)
Trump's Fed ally Michelle Bowman is reforming bank oversight and rebuking regional Fed banks for misalignment. (WSJ)
Japanese Prime Minister Sanae Takaichi vowed to take steps against speculative market moves following a sharp yen spike. (INV)
📈 Hot Stock Picks
⭐ Editor’s Pick: Bank of America analysts identified eight cheap stocks under $10 that could be excellent buying opportunities for frugal investors. (USN)
Morningstar highlighted top undervalued AI stocks to buy now. (MS)
Wall Street analysts are bullish on three technology picks, including Tigo Energy. (TR)
Bloom Energy was highlighted as the top industrials stock for a long-term hold, according to StockStory. (STS)
🏢 Industry
⭐ Editor’s Pick: The Washington Post is weighing the complete elimination of its storied sports section as a part of massive job cuts. (NYP)
South Korea's Hyundai Steel plans $2.9 billion capital increase for its US steel plant in Louisiana. (RTS)
America's most expensive home listing took a massive $40 million price cut. (FBN)
General Motors will shift production of a Buick SUV from China to Kansas for vehicles sold in the U.S. (CBS)
🛢️ Energy & Commodities
⭐ Editor’s Pick: Winter storm pushes U.S. power grid to brink as operators take emergency measures. (FBN)
The Trump administration canceled nearly $30 billion in Biden-era green energy loans. (TH)
Gold surged to a fresh all-time high above $5,100/oz. (CNBC)
Natural gas prices hit $6 per million British thermal units for the first time since 2022. (SA)
Trump administration will take a 10% stake in USA Rare Earth via a $1.6 billion debt-and-equity deal. (RTS)
The U.S. has taken oil from seized Venezuelan tankers and will process it in refineries. (NYP)
🌕 Crypto
⭐ Editor’s Pick: The alleged individual behind the $40-million theft of crypto from U.S. government wallets is the son of the head of a company contracted by the U.S. Marshals Service to custody seized digital assets. (TB)
The SEC agreed to dismiss its lawsuit against the Winklevoss twins’ crypto exchange Gemini. (YF)
Spot bitcoin ETFs posted their worst week since February 2025 with $1.33 billion in outflows. (CN)
NFT platform Nifty Gateway will shut down on February 23. (CD)
The Ethereum Foundation formed a dedicated post-quantum security team to bolster resistance against future quantum threats. (QI)
TECH
Tech Roundup
🧠 AI
⭐ Editor’s Pick: EU launched an investigation into Elon Musk's X over Grok AI spreading sexually explicit images. (CNBC)
Inside Apple’s AI shake-up and its plans for two new versions of Siri. (BBG)
AI is accelerating consumer-product innovation, helping companies formulate better products from paint to soap. (WSJ)
Shopify merchants will pay OpenAI an additional 4% fee on sales completed through ChatGPT's Instant Checkout feature. (PYM)
🤖 Robots
⭐ Editor’s Pick: A Kansas farmer’s robots made 2025 his most profitable year yet. (FP)
Figure AI released a video of its Figure 03 bot jogging steadily outdoors alongside employees. (IE)
China’s Eyou Robot Technology has launched the world’s first fully automated production line for humanoid robot joints in Shanghai. (SCMP)
🚀 Defense & Space
⭐ Editor’s Pick: An inside look at Anduril’s Bolt-M Kamikaze drone program with the U.S. Marine Corps. (TWZ)
Ukraine's military is increasingly deploying domestically produced DevDroid unmanned ground vehicles that could reshape modern ground warfare. (BGR)
China's military is training AI-controlled drone swarms and autonomous weapons. (WSJ)
💰Venture Capital
⭐ Editor’s Pick: Chip design startup Ricursive raised $335 million from Sequoia Capital and others at a $4 billion valuation. (NYT)
Chinese AI startup StepFun raised more than $717 million in a Series B+ funding round. (TIA)
Power-trading startup Enechain raised $31.9 million in fresh funding led by Soros Capital Management. (BBG)
FREEDOM
Freedom Roundup
🏛️ Policy & Culture
⭐ Editor’s Pick: Plaintiffs sued Meta, alleging that WhatsApp can secretly access users' private messages. (BBG)
Trump hinted that fraud in California could prove far worse than in Minnesota. (INQ)
American tennis standout Ben Shelton signed the on-court camera with a bold declaration of unwavering national pride: “USA ’til it’s backwards.” (OK)
Jaguar Land Rover is exploring development of a new gas-powered range-extender engine following backlash over its failed woke rebrand. (TEL)
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DISCLAIMER: The CAPITAL newsletter is for informational purposes only and does not constitute financial, investment, or professional advice. Readers should conduct their own research and consult a qualified financial advisor before making investment decisions. The CAPITAL newsletter and its owner and operator, Josh Caplan, are not liable for any loss or damage resulting from reliance on this information. The CAPITAL newsletter is solely owned and independently operated by Josh Caplan, separate from any employer affiliations.




