Earnings Digest: Feb 13, 2026 10:14 AM EST

Highlights:

• Musk's Bankers are Discussing a Plan to Wrangle xAI Debt after SpaceX Merger - Bankers are working on financing plans to reduce interest costs following the SpaceX-xAI merger. Source

• UK Banks Push to Manage Billions of Pounds Sitting Uninvested - NatWest and other UK banks are expanding into wealth management to generate steady fee income beyond traditional lending. Source

• SpaceX, OpenAI Drive 20% Gain in Blackstone Fund for the Wealthy - Blackstone's private equity fund for wealthy individuals achieved 20% net gains last year, boosted by AI investments including SpaceX and OpenAI. Source

• What's Behind This Week's Scary AI Sell-Off? - AI stock sell-off may be driven by factors beyond disruption fears, with concerns potentially overdone. Source

• Congo Accuses MTN Rwanda of Illegally Operating in Rebel-Held East - MTN Group faces diplomatic tensions over cross-border telecommunications operations in eastern Congo amid Rwanda-backed insurgency. Source

• Wendy's Sinks on Weak Outlook, Plan to Shutter US Restaurants - Wendy's shares dropped after announcing US store closures amid struggles to retain value-conscious consumers in competitive fast food market. Source

• Toyota Troubleshoots at Air Taxi Maker Joby as Larger Role Looms - Toyota is protecting its $1 billion investment in Joby Aviation by addressing production issues and considering expanded manufacturing involvement. Source