Steve Eisman ran an extensive interview with Columbia University’s Daniel Guetta on artificial intelligence. Guetta explains how AI models work and stresses their inherent limits due to design and data constraints, urging measured expectations. #AI #DanielGuetta #FiatNews

A weekly note flags signs of a bottom in both cryptocurrencies and software shares. The piece points to stabilization in crypto markets and renewed interest in software valuations, though it does not provide specific price targets or timelines. #crypto #software #FiatNews

Weekly highlights: markets have seen a rotation back to the "Mag7," with leadership returning to the seven largest mega-cap growth names. The move reflects renewed investor focus on top-cap tech stocks amid recent market shifts. #Mag7 #stocks #FiatNews

The Czech government will take steps to achieve full control of the energy group ČEZ, Industry and Trade Minister Karel Havlíček (ANO) said on 20 February 2026 during a presentation of the cabinet’s economic strategy. "The government will take steps to fully control the ČEZ energy group," Havlíček stated at the event. The announcement came as part of the government’s broader economic strategy presentation; no detailed timeline or specific measures were provided in the statement. ČEZ is the country’s largest electricity producer and a central player in the Czech energy sector. The minister’s comment signals an intention to increase state influence over a key utility, but authorities have not yet released legislative or transactional details. #CEZ #KarelHavlicek #CzechGovernment #energy #FiatNews

Czechoslovak Group’s subsidiary Excalibur International has won a contract to supply ammunition to the defence ministry of an unnamed NATO member in Western Europe, the company said on 20 February 2026. The deal is valued in the lower hundreds of millions of euros. The contract covers deliveries of ammunition; neither the specific types nor the delivery schedule were disclosed in the announcement. The purchaser was described only as a “ministry of defence of a NATO member state in Western Europe.” Czechoslovak Group (CSG) is a Central European defence and engineering group; Excalibur International is its export arm for military products. The company did not provide further details on timelines, contract duration or financing arrangements. #CSG #ExcaliburInternational #NATO #defense #FiatNews

European equity markets opened higher on Tuesday, 20 February 2026, as solid economic data and renewed optimism about developments in Iran supported investor sentiment. Markets saw broad gains at the start of trading, led by sectors sensitive to cyclical growth. #Stocks #Eurozone #Iran Preliminary purchasing managers’ indices for the eurozone showed an improvement between January and February, a modest boost to risk appetite and to confidence in near-term economic momentum. The surveys were cited as a partial driver of the early rally. #PMI Traders cited the combination of firmer PMI signals and positive news flow around Iran as factors underpinning the move, while keeping an eye on further data releases and geopolitical updates that could influence market direction. #FiatNews

Nvidia is in talks to invest up to $30 billion in OpenAI as part of a new funding round that could value the company behind ChatGPT at about $830 billion, according to reports on 20 February 2026. The negotiations, if concluded, would mark a significant capital commitment from the chipmaker to the AI developer. OpenAI, known for the ChatGPT family of models, would be the recipient of the proposed investment; details of the timetable, structure of the round and other participants were not disclosed in the report. Discussions remain ongoing and no formal agreement has been announced. The potential deal underscores continued large-scale fundraising activity in the AI sector. #Nvidia #OpenAI #NVDA #AI #FiatNews

The Czech government confirmed plans to buy out minority shareholders in ČEZ, the report says. Authorities reaffirmed the acquisition plan but did not disclose timing, valuation or financing details in the summary. #CEZ #CzechGov #FiatNews

The Czech National Bank signalled that a cut in interest rates could become possible if price pressures weaken, the report notes. The comment indicates conditional openness to easing monetary policy depending on inflation dynamics. #CNB #rates #FiatNews

Bank of America plans to strengthen its private credit activities, signaling a greater push into lending outside public markets, the report says. The summary did not specify target volumes, sectors or timelines for the expansion. #BofA #PrivateCredit #FiatNews

The European Central Bank has imposed a sanction on J.P. Morgan, according to the report, but the summary did not disclose the amount or the specific breach leading to the penalty. Further details were not provided. #ECB #JPM #FiatNews

ECB President Christine Lagarde will complete her current mandate, the report says, confirming leadership continuity at the European Central Bank through the remainder of her term. No change to her tenure was indicated in the notice. #ECB #Lagarde #FiatNews

U.S. GDP growth for Q4 2025 is no longer the surprise driver it once was, but remains solid, according to market commentary on 20 February 2026. Weak December foreign trade figures, released on the eve of the GDP print, tempered expectations for an outsized headline outcome that earlier nowcasts had pointed toward. The softer trade data trimmed hopes for a “super” result by reducing the net exports contribution to growth, yet the overall assessment is still one of resilience rather than contraction. Analysts note the contrast between running high-frequency estimates and the incoming hard data as a reminder of volatility in near‑term indicators. Investors and policymakers will likely focus on the detailed GDP breakdown—consumption, investment and trade—when assessing implications for monetary policy and markets in coming weeks. #USGDP #economy #macro #FiatNews

Goldman Sachs has added Credo Technology Group to its list of top picks, saying accelerating demand for AI cabling could lift the company’s shares by about 30%. The bank cited rapidly rising needs for high‑speed connectivity in AI data centres as the main driver behind its outlook. Goldman Sachs expects that growth in AI infrastructure will sustain further expansion for firms supplying advanced connectivity solutions. The research note highlighted the market opportunity created by higher bandwidth and lower-latency links required by modern AI workloads. Credo Technology Group was singled out for its exposure to this trend; Goldman Sachs’s inclusion signals confidence in the company’s positioning amid strengthening demand in the data‑centre connectivity segment. #CredoTechnologyGroup #GoldmanSachs #AI #DataCenters #FiatNews

U.S. markets closed lower after the Federal Reserve released minutes from its January policy meeting showing that nearly all Federal Open Market Committee participants supported the decision to keep interest rates unchanged. The minutes, published Feb. 19, 2026, weighed on investor sentiment and left major U.S. indices in the red at the session’s end. The record from the January FOMC meeting emphasized broad backing for a steady policy stance, with participants citing the need to assess incoming data on inflation and labor markets before moving on rates. The account offered few surprises about the Fed’s near-term approach. The minutes underline the Fed’s cautious posture as it continues to monitor economic indicators; markets will likely look to upcoming U.S. data releases and future Fed communications for clearer signals on the path of monetary policy. #Fed #FOMC #USMarkets #FiatNews

Local market snapshot: Prague’s PX index fell 0.3% as banking stocks and CEZ tumbled, while Colt CZ jumped about 2.3%. The Czech koruna hovered near 24.24 per euro as regional markets reacted to global rate and macro developments. #PX #CZK #FiatNews

Waymo said rides in its robotaxi service grew fourfold in 2025, according to Tekedra Mawakana. The company is expanding into additional cities, underscoring progress in safety and operational scale as it rolls out services beyond initial test markets. #Waymo #FiatNews

Walmart reported fourth-quarter revenue up 5.6% year-on-year to 190.66 billion USD, boosted by a 27% increase in online sales. The retailer nonetheless issued a cautious outlook, tempering investor enthusiasm despite top-line growth. #Walmart #FiatNews

Airbus posted a strong year, with adjusted EBIT up 33% to 7.13 billion euros. However, record demand for A320-family aircraft is being constrained by engine supply problems at Pratt & Whitney, which threaten the pace of production and deliveries this year. #Airbus #FiatNews

Industry voices say quantum computing could reach a breakthrough that brings the technology into data centers as soon as 2027. Rapid progress and rising investment are accelerating discussions about how quantum machines might be integrated into the expanding data center industry. #quantum #FiatNews