February 13, 2026

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As software companies lose trillions in market cap to AI tool, China and South Korea warn companies against an AI agent; calling it ‘dangerous’

contact@dailyupdatesindia.com03 mins

Note: AI-generated image for representation Software companies across the globe have lost over a trillion in market value in the past week. The carnage has been triggered by Anthropic’s AI tool. The rout triggered by Anthropic’s open-source legal plugin for Claude Cowork swept away some of the biggest tech names, including ServiceNow, Salesforce and Microsoft….

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Walmart hits $1 trillion market cap, days after new CEO made it clear that he is willing to change everything except …

contact@dailyupdatesindia.com03 mins

Walmart reached a market capitalization of over $1 trillion on Tuesday (February 3). This makes the American company the first retailer in the world to join an exclusive club of companies to reach a 13-figure valuation that mostly consists of technology companies like Google, Nvidia, Amazon, Microsoft and Meta. The company has been riding on…

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Gold, silver price crash: $5 trillion lost in market cap! What led to the spectacular fall & is the bull run over?

contact@dailyupdatesindia.com08 mins

Several factors led to the sudden crash in the prices of the precious metals. (AI image) Trillions wiped out – gold and silver prices crash globally – the headlines from the commodity market on Friday described the volatile nature of the commodity market. Gold and silver have been on a record breaking spree for several…

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Budget 2026: Experts urge review of voting rights cap in private sector banks

contact@dailyupdatesindia.com02 mins

Amid the backdrop of Budget 2026, India may need to revisit long-standing restrictions on voting rights in private sector banks if it wants to build stronger lenders capable of supporting the country’s long-term economic ambitions, according to experts.Vijay Mani, Partner and Banking and Capital Markets Leader at Deloitte India, and Russell Gaitonde, Partner, said the…

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Adani group stocks lose $12.5 billion in market cap after US SEC seeks court nod to serve summons; shares slide up to 13%

contact@dailyupdatesindia.com03 mins

Shares of Adani group companies fell sharply on Friday, with some stocks plunging as much as 13%, after reports said the US Securities and Exchange Commission (SEC) has approached a New York court seeking permission to serve summons to group chairman Gautam Adani and executive Sagar Adani in connection with an alleged fraud and $265-million…

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US markets today: Wall Street drifts lower into quieter close; tariff walk-backs cap volatility

contact@dailyupdatesindia.com02 mins

US stocks edged lower on Friday as a turbulent week marked by tariff threats and reversals headed toward a calmer finish, with investors turning cautious amid limited clarity on trade and geopolitical signals.In early trade, the S&P 500 slipped 0.1%, while the Dow Jones Industrial Average fell 258 points, or 0.5%, AP reported. The Nasdaq…

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Budget 2026: Kolkata realtors seek tax relief, revised affordable housing cap; eye demand revival

contact@dailyupdatesindia.com03 mins

Real estate developers in Kolkata have urged the Centre to use the Union Budget to recalibrate housing policies to reflect rising land and construction costs, calling for higher tax benefits for homebuyers and a long-pending revision of the affordable housing definition to revive demand, especially in the mid-income segment, PTI reported.With the Budget set to…

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Budget 2026: Haryana seeks higher allocations for infra, agriculture and medical education; pushes RIDF, UIDF cap hikes

contact@dailyupdatesindia.com03 mins

Haryana Chief Minister Nayab Singh Saini on Saturday urged the Centre to step up allocations for the state’s rural and urban infrastructure, agriculture and allied sectors in the Union Budget for FY27, citing growing development needs and the state’s proximity to the national capital, PTI reported.Saini, who also holds the finance portfolio, raised the demands…

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Credit curbs: US banks flag risks to lending as Trump pushes 10% cap on card rates; consumers, small firms may take hit

contact@dailyupdatesindia.com02 mins

US banks have flagged concerns over President Donald Trump’s call to sharply cut credit card interest rates, warning that such a move could restrict access to credit and hurt households and small businesses that rely heavily on cards, AFP reported.Trump said on Friday that from January 20, marking the first anniversary of his administration, he…

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