Welcome back!

Here’s your must-read news this morning:

  • Left’s plan to weaponize AI job loses fears

  • Man accidentally takes over 7000 vacuum robots

  • Telegram CEO faces new criminal probe

I’ve got all the details for you, so let’s dive in.

— Josh

MARKETS

(White House/Molly Riley)

Market Roundup

🏦 Economy

  • Editor’s Pick: American homebuyers gained over $30,000 in purchasing power in the last year, the highest level since March 2022. (FBN)

  • EU lawmakers postponed a vote on ratifying last year's U.S.-EU trade deal. (RTS)

  • The Trump administration eyes new national security tariffs on batteries, cast iron, plastic piping, chemicals, and power grid/telecom equipment. (WSJ)

  • Trump plans to tout U.S. economic strength and unveil new measures to lower living costs in his State of the Union address. (WSJ)

📈 Hot Stock Picks

  • Editor’s Pick: Morningstar analysts highlighted five oversold stocks poised for rebound after exaggerated sell-offs. (MS)

  • Insider Monkey ranked 10 top aerospace and defense stocks for investment right now. (IM)

  • Tortoise portfolio manager Rob Thummel called electricity the "new oil," while naming his three top energy stock picks. (YF)

  • Zacks released a list of the best nuclear energy stocks to buy in February. (ZIR)

🏢 Industry

  • Editor’s Pick: FedEx sued the Trump administration, seeking a full refund of all duties paid under tariffs the Supreme Court ruled illegal. (CNBC)

  • The Trump Organization signed a deal for a $1.06 billion skyscraper on Australia's Gold Coast. (FBN)

  • Apple plans to shift some Mac Mini production from Asia to a Foxconn facility in Houston. (WSJ)

  • Longevity expert Dr. Peter Attia resigned as a CBS News contributor over his email correspondence with Jeffrey Epstein. (THR)

  • Netflix is mounting a "Trumpian charm offensive" to counter antitrust scrutiny over its bid for Warner Bros. Discovery, after Paramount Skydance submitted a sweetened rival offer. (NYP)

  • A "Holy Grail" Honus Wagner baseball card sold for $5.124 million. (MIJ)

🛢️ Energy & Commodities

  • Editor’s Pick: NIMBY opposition to data centers destroyed an estimated $1 trillion in enterprise value last year alone. (GL)

  • U.S. scientists are developing an innovation that could reduce nuclear waste lifespan by 99.7%. (OP)

  • Oil prices hovered near seven-month highs, with U.S. crude futures climbing to $66.42 a barrel. (RTS)

🌕 Crypto

  • Editor’s Pick: Polymarket bettors put $3 million on which crypto firm ZachXBT will next accuse tomorrow of insider trading, with Solana's Meteora leading at 43% odds. (CD)

  • Binance fired investigators who found $1.7 billion in crypto transfers to Iranian-linked terrorist entities, a claim the company denied. (TB)

  • The Trump family-backed World Liberty Financial reported repelling a “coordinated attack” on its flagship USD1 stablecoin. (BBG)

  • OCC granted Crypto.com approval for a national trust bank charter. (CT)

  • Trump's Board of Peace is examining a dollar-pegged stablecoin for Gaza to enable digital payments. (FT)

TECH

(NickyPe/Pixabay)

Tech Roundup

🧠 AI

  • ⭐ Editor’s Pick: Meta agreed to purchase 6 gigawatts of AI computing power from AMD in a multiyear deal valued at more than $100 billion. (WSJ)

  • Anthropic accused Chinese AI firms of using fake accounts to extract Claude's advanced capabilities. (TC)

  • OpenAI forged a multiyear deal with Accenture, BCG, Capgemini, and McKinsey to speed rollout of its Frontier AI platform for AI agents. (CNBC)

  • The Pentagon signed a deal with xAI to deploy Grok AI across classified military systems that rival Anthropic has rejected. (AX)

  • Researchers used AI to uncover hidden genetic switchboards controlling Alzheimer’s disease, paving the way for innovative treatments and early diagnosis. (SCIA)

🤖 Robots

  • ⭐ Editor’s Pick: Unitree Robotics deployed G1 robots for a synchronized Kung Fu performance at Beijing's Temple of Heaven. (IE)

  • The Pentagon’s $151 billion spending plan will double spending on land, air, sea robots. (DO)

  • AI robots could outnumber the working human population in a few decades, a former Citi executive said. (CNBC)

💰Venture Capital

  • ⭐ Editor’s Pick: Robinhood launched a $1 billion closed-end fund IPO, giving retail investors access to pre-IPO companies including SpaceX, Databricks, and Stripe. (YF)

  • BlackRock joined a more than $250 million funding round for Dutch chipmaker Axelera AI. (BBG)

  • Ubicquia, a provider of AI-enabled intelligent infrastructure for utilities, closed a $106 million Series D funding round led by 67 Capital. (AX)

  • AI startup Circuit, co-founded by former Silicon Labs CEO Tyson Tuttle, raised $30 million in one of Texas' largest angel rounds. (AX)

  • Letter AI, a Y Combinator-backed sales software startup, raised $40 million in Series B funding led by Battery Ventures. (BI)

FREEDOM

(Lex Fridman/YouTube)

Freedom Roundup

🏛️ Policy & Culture

  • Editor’s Pick: A federal judge ruled that the public can't know the amount the FBI paid Twitter during the years it was also telling the platform which Americans to censor. (RTN)

  • Mark Zuckerberg endorsed shifting age verification to checks by Apple and Google, a move critics warn could end anonymous internet access for all users. (RTN)

  • DEI programs have cost British businesses £11 billion ($14.84 million), new analysis found. (GBN)

  • The Supreme Court declined to revive the NRA's First Amendment lawsuit against a former New York financial regulator. (RTS)

That's a wrap! You're officially caught up on all things tech, markets and freedom. Subscribe to CAPITAL below.

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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.

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