Bitget UEX Daily | Fed Hawkish Stance; Google Bond Oversubscribed; Robinhood Profit Decline (February 11, 2026)

 

I. Hot News Highlights

Fed Dynamics

Two Voting Members Hawkishly Support Unchanged Rates

• Cleveland Fed President and Dallas Fed President emphasized maintaining current interest rates unless the labor market shows substantial weakness, to prevent inflation rebound.
• Key Points: Avoid reigniting inflation; Need to monitor new labor market signals; Consumer debt delinquency rate rises to 4.8%, highest since 2017, mainly driven by low-income groups.
• Market Impact: Reinforces expectations of prolonged high rates, potentially curbing stock market risk appetite and intensifying bond market volatility.

Consumer Debt Delinquency Rate Surges

• New York Fed report shows U.S. household debt delinquency rate in Q4 last year rose to 4.8%, dominated by mortgage delinquencies.
• Key Points: Delinquencies mainly affect young borrowers; Overall household debt increases; Significant rise compared to the previous quarter.
• Market Impact: Highlights economic downside risks, which may prompt Fed policy adjustments, benefiting safe-haven assets like gold.

Macroeconomic Policy

U.S. Government Faces Partial Shutdown Risk

• This week, the U.S. government may face another shutdown; last fall's shutdown lasted 43 days, and a short one a week ago lasted 4 days, mainly due to funding gaps in immigration and customs.
• Key Points: Bipartisan spending plans temporarily avert crisis; Department of Homeland Security funding interrupted from Saturday; Potential impact on federal operations.
• Market Impact: Heightens policy uncertainty, possibly triggering increased market risk aversion and amplifying short-term dollar fluctuations.

Trump's Tough Stance on Iran

• Trump stated that if U.S.-Iran negotiations fail, he would deploy carrier strike groups to the Middle East, ensuring Iran does not possess nuclear weapons or missiles.
• Key Points: Prepared for military action; Iranian officials say successful talks could expand dialogue; Background stems from conflict escalation in June last year.
• Market Impact: Geopolitical tensions elevate oil price uncertainty, potentially stimulating safe-haven inflows into gold and dollar assets.

II. Market Review

Commodities & Forex Performance

• Spot Gold: Down 0.48% + Steady continuation
• Spot Silver: Down 0.84% + Increased volatility
• WTI Crude: Up 0.48% + Demand-driven
• U.S. Dollar Index: Down 0.09% +

Cryptocurrency Performance

• BTC: Down 1.99% + Continued decline
• ETH: Down 4.54% + Support level breach
• Cryptocurrency Total Market Cap: Down 2.2% + Driven by low sentiment
• Market Liquidation Situation: Long positions dominant, total amount over $214 million

U.S. Stock Index Performance

• Dow Jones: Up 0.10% + Continued record highs
• S&P 500: Down 0.33% + Mixed performance
• Nasdaq: Down 0.59% + Dragged by tech sector

Tech Giants Dynamics

• Tesla (TSLA): Up 1.89%
• NVIDIA (NVDA): Down 0.79%
• Apple (AAPL): Down 0.34%
• Microsoft (MSFT): Down 0.08%
• Google (GOOG): Down 1.77%
• Amazon (AMZN): Down 0.84%
• Meta (META): Down 0.96%

Most tech giants declined, mainly due to risk sentiment retreat and AI concerns; Tesla bucked the trend with gains from market optimism.

Sector Movement Observation

Asset Management Sector Down Over 7%

• Representative Stock: Charles Schwab, Down Over 7%
• Driving Factors: Release of Altruist tools sparks competition concerns, impacting industry profitability outlook.

III. In-Depth Stock Analysis

1. Google - Bond Issuance Oversubscribed

Event Overview: Alphabet issued nearly $32 billion in bonds within 24 hours, including $20 billion in USD bonds with over $100 billion in subscriptions, and a £1 billion century bond with nearly tenfold oversubscription, indicating strong investor demand. The financing is for general corporate purposes, against a backdrop of ample market liquidity and premium company credit. Market Interpretation: Institutional views suggest this reflects boosted confidence in tech giants; banks like J.P. Morgan emphasize Google's low financing costs, benefiting from a low-rate environment. Investment Insight: Strong financing capability supports business expansion; recommend monitoring long-term growth potential.

2. Robinhood - Q4 Net Profit Decline

Event Overview: Robinhood's Q4 revenue reached $1.28 billion, up 27% year-over-year, but net profit fell to $605 million from $916 million last year, with after-hours stock plunging. Cryptocurrency revenue dropped 38% to $221 million, overall affected by market volatility. Market Interpretation: Analysts note high dependency on crypto business, with intensified competition from Coinbase; institutions like Goldman Sachs stress the need for diversification to handle fluctuations. Investment Insight: Business risks exposed; investors should exercise caution and watch for crypto market recovery signals.

3. Coca-Cola - 2025 Revenue Growth

Event Overview: Coca-Cola's 2025 net revenue grew 2% to $47.9 billion, Q4 revenue up 2% to $11.8 billion, EPS up 4% to $0.53, full-year EPS up 23% to $3.04, demonstrating stable operations and cost control effectiveness. Market Interpretation: Institutional views are positive; Bank of America highlights its defensive attributes, benefiting from consumption recovery and global expansion. Investment Insight: As a defensive stock, suitable for allocation during economic uncertainty.

4. Spotify - Q4 Net Profit Surge

Event Overview: Spotify's Q4 net profit doubled to €1.17 billion, EPS exceeding expectations, monthly active users increased by 38 million to 751 million, stock up 15%. New management positions 2026 as a "year of elevated ambition," focusing on user growth and profitability optimization. Market Interpretation: Analysts believe management changes drive efficiency improvements; J.P. Morgan is bullish on its subscription model potential. Investment Insight: Strong growth momentum; worth watching opportunities in the streaming sector.

5. Ford Motor - Q4 Revenue Decline

Event Overview: Ford's Q4 total revenue was $45.9 billion, down 4.8% year-over-year, adjusted EBIT $1.04 billion, down 51%, EPS $0.13 below expected $0.18, impacted by supply chain and demand issues. Market Interpretation: Institutional views indicate intensified cyclical challenges in the auto industry; Goldman Sachs points to high costs in EV transition. Investment Insight: Significant short-term pressure; suggest waiting for industry recovery signals.

IV. Cryptocurrency Project Updates

1. Ripple launches ETH and SOL staking services.

2. Hyperliquid daily trading volume hits $5.2 billion high.

3. Goldman Sachs discloses $2.3 billion crypto investments.

4. SafeMoon CEO sentenced to 8 years for fraud.

5. MicroStrategy BTC holdings loss at $4.5 billion.

V. Today's Market Calendar

Data Release Schedule

Key Event Previews

• Unity Software Earnings: Pre-market - Focus on software development dynamics.
• Shopify Earnings: Pre-market - E-commerce platform performance.
• Cisco Earnings: After-market - Network equipment demand.
• Lead Intelligent Listing: Hong Kong Stock Exchange - New stock attention points.

Bitget Research Institute Views:

The market performance over the past 24 hours remains cautiously optimistic. J.P. Morgan expects gold prices to reach $5,000 by the end of 2026, driven by reserve diversification and Fed rate cuts, but with intensified short-term volatility. Bank of America warns of gold bubble risks, advising attention to tail uncertainties. BlackRock is bullish on emerging market stocks, benefiting from global growth and dollar weakening. Goldman Sachs emphasizes potential in U.S. tech stocks after pullbacks, with oil prices stable due to geopolitical influences, and forex dollar slightly rebounding from hawkish Fed signals. Overall, analysts believe economic data like nonfarm payrolls will determine policy paths, recommending allocation to safe-haven assets to counter uncertainties.

Disclaimer: The above content is compiled by AI search and manually verified for publication only, not as any investment advice.