Bloomberg Daybreak: US Edition Daybreak Weekend: Homebuilders Preview, UK Jobs, Lunar New Year
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Feb 13, 2026 Shirley Zhao, Hong Kong-based consumer reporter on Lunar New Year spending and travel. Parmy Olsen, tech columnist on AI products and agentic AI. Alexandra Semenova, equities reporter on retail and tech earnings. They discuss Lunar New Year consumer trends and gifting shifts. They examine AI tools, agentic uses, and workforce effects. They preview major retail and tech earnings to watch.
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Deere Faces High Expectations
- Deere trades at record highs amid rotation into cyclical sectors, but farm industry sales may decline through 2026.
- Investors will watch company commentary on industry outlook and equipment demand, Alexandra Semenova noted.
AI May Be Boosting UK Productivity
- Some economists and the BoE governor see AI adoption beginning to lift UK productivity.
- Early gains appear concentrated in well-defined, task-based work, Caroline Hepker reported quoting Andrew Bailey.
UK Unemployment Rises Due To Hiring Slowdown
- UK unemployment is rising toward pandemic-era levels, driven mainly by weaker hiring not mass layoffs.
- Payroll tax increases and higher minimum wages have weighed on hiring, Irina Angel explained.