The Rundown Inflation Cools to 2.4%, Anthropic Hits $380 Billion Valuation
6 snips
Feb 13, 2026 A market snapshot highlighting January CPI cooling to 2.4%. Coverage of a major AI startup raising $30B at a $380B valuation. Corporate updates include Airbnb’s revenue beat with profit pressures and Rivian’s bold 2026 production plan. Sports-betting and mobility surprises round out the show, from DraftKings’ weak outlook to Waymo paying workers to close robotaxi doors.
AI Snips
Chapters
Transcript
Episode notes
AI Panic Drives Wide Volatility
- Stocks plunged across sectors as investors sell names that could be disrupted by AI, causing pronounced intraday breadth hits.
- This high single-day volatility in many S&P names resembles dot-com era dislocations despite the index near highs.
Inflation Is Cooling But Not Done
- January CPI cooled to 2.4% year-over-year, below expectations and down from December's 2.7%.
- Inflation is easing but remains above the Fed's 2% target, keeping policy uncertainty alive.
Airbnb Trades Short-Term Profit For Growth
- Airbnb posted strong Q4 revenue growth and gross booking value, signaling durable demand for stays.
- Profits dipped due to a $90M tax charge and a 22% rise in expenses as Airbnb invests in new services and AI.