Welcome back!

Here’s your must-read news this morning:

  • “Trump Homes” plan

  • AI’s next frontier

  • EU pressured Big Tech to censor U.S.

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

— Josh

MARKETS

(Credit: Pixabay)

Market Roundup

🏦 Economy

  • Editor’s Pick: The U.S. plans to announce as many as 11 trade agreements on critical minerals this week. (TN)

  • Federal Reserve Governor Stephen Miran resigned as chair of the White House Council of Economic Advisers. (RTS)

  • The Trump administration will stop Small Business Administration loans to businesses unless they are 100% owned by U.S. citizens or nationals. (BN)

  • Blackstone President Jon Gray said 2026 is shaping up to be the “year of the IPO.” (BBG)

📈 Hot Stock Picks

  • Editor’s Pick: Morningstar highlighted its top 13 of the best high-dividend ETFs for passive income in 2026. (MS)

  • CIBC’s chief market technician revealed his top 10 stock picks for February. (GM)

  • InsiderMonkey listed 10 large‑cap stocks trading under $50, highlighting names like SLB and Kenvue. (IM)

  • The Motley Fool picked Palo Alto Networks and two other stocks as three “no‑brainer” growth stocks you could buy with about $250 right now. (MF)

🏢 Industry

  • Editor’s Pick: Melinda French Gates said her ex‑husband Bill Gates must answer questions about his links to Jeffrey Epstein. (NPR)

  • PepsiCo will cut suggested retail prices on Doritos, Lay’s and other snacks by up to 15%. (WSJ)

  • Walmart joined the $1 trillion market‑cap club. (BBG)

  • Siemens Energy will invest $1 billion in the U.S. to expand power grid and turbine manufacturing. (SE)

  • Majority of California voters back billionaire wealth tax even when aware of economic risks, survey shows. (FBN)

🛢️ Energy & Commodities

  • Editor’s Pick: Iranian gunboats confronted a U.S.-flagged tanker in the Strait of Hormuz. (OP)

  • The Treasury issued a new license allowing export and sale of U.S. diluents to Venezuela’s oil sector. (RTS)

  • Senators are pushing a bill to boost funding for the U.S. Export‑Import Bank by about $70 billion to back Trump’s critical minerals strategy. (FT)

🌕 Crypto

  • Editor’s Pick: Galaxy Digital reported a $482 million net loss in Q4 2025 amid falling crypto prices. (TB)

  • Vitalik Buterin says Ethereum’s original layer-2 scaling vision “no longer makes sense.” (DLN)

  • Tether cut its planned raise from $15–20 billion to $5 billion after investors rejected its $500 billion valuation target. (FT)

  • Polymarket and Kalshi opened dueling "free grocery" stunts in New York City. (BI)

  • Bitwise CIO Matt Hougan says the crypto market has been in a “full-blown winter,” but believes the downturn is likely closer to ending than beginning. (YF)

TECH

(Credit: BrianPenny/Pixabay)

Tech Roundup

🧠 AI

  • ⭐ Editor’s Pick: The threat of new AI tools has wiped $300 billion off software and data stocks. (WSJ)

  • OpenAI alleged xAI systematically destroyed evidence in their antitrust lawsuit by using auto‑deleting messaging tools. (BBG)

  • Intel said it will build its own GPUs and has hired a chief GPU architect to lead the effort. (INV)

  • Microsoft launched a Publisher Content Marketplace that lets publishers license content on publisher‑set terms and get paid based on usage. (SEL)

  • OpenAI appointed Dylan Scandinaro, formerly of Anthropic’s AGI safety team, as its new head of preparedness. (X)

🤖 Robots

  • ⭐ Editor’s Pick: The world’s most anatomically complete humanoid robot flexes its 1,000 muscles in jaw-dropping footage. (SCB)

  • China’s Zhejiang University unveiled a full‑size humanoid robot named “Bolt” that can sprint faster than most humans. (ITN)

  • Elon Musk said Tesla’s Optimus robot could become the first self‑replicating machine capable of building a civilization on its own. (INT)

  • Dyson launched its first AI‑powered robot vacuum with advanced stain detection. (KJD)

💰Venture Capital

  • ⭐ Editor’s Pick: Nvidia is nearing a deal to invest about $20 billion in OpenAI’s latest funding round. (BBG)

  • Alaffia Health, providing AI tools for health plan claims operations, raised a $55 million Series B round led by Transformation Capital. (SA)

  • Lotus Health, offering free 24/7 AI‑powered primary care in 50 languages, raised a $35 million Series A round led by CRV and Kleiner Perkins. (TC)

  • AI biology startup Phylo raised $13.5 million in a seed round led by Andreessen Horowitz to build its “integrated biology environment” platform. (SA)

FREEDOM

(Credit: moritz320/Pixabay)

Freedom Roundup

🏛️ Policy & Culture

  • Editor’s Pick: Trump says he’s seeking $1 billion from Harvard to settle a lawsuit the university filed over alleged racial discrimination in admissions. (BBG)

  • Elon Musk blasted a French police raid on X’s Paris offices, calling it “a political attack.” (DL)

  • Netflix co‑CEO Ted Sarandos was grilled by a Senate panel over the company’s proposed acquisition of Warner Bros. Discovery, facing woke content critiques from Republicans. (SFC)

  • Arizona lawmakers are advancing a constitutional amendment to permanently ban DEI mandates. (GI)

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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