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3h ago
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2026: Olympics, EV Batteries, Tech Jobs, Market Fears, and War?

Stocks retreated globally in February 2026, driven by a sharp decline in precious metals, according to Fortune. The SP 500 was set to open 0.7% lower after previously sliding as much as 1.5%. Gold experienced its steepest three-day drop since 1980, while silver extended losses to 40% over the same period.

Ulrich Urbahn, head of multi-asset strategy and research at Berenberg, noted the widespread selloff across markets in Asia, Europe, and the US. "With the volatility increase in gold, but also in silver, investors have to de-risk," Urbahn stated. Treasuries saw modest gains, with the 10-year yield falling two basis points to 4.22%. Bitcoin steadied near $77,000 following a weekend selloff.

In other news, demand for electric vehicles (EVs) and the batteries that power them continued to surge, reported MIT Technology Review. In 2025, EVs accounted for over a quarter of new vehicle sales globally, a significant increase from less than 5% in 2020. Some regions experienced even higher adoption rates, with China seeing over 50% of new vehicle sales being battery electric or plug-in hybrids. Europe also saw more purely electric vehicles sold in December than gas-powered ones. The US, however, lagged behind, experiencing a small sales decline from 2024.

Meanwhile, tensions remained high in the Middle East. NPR reported that Iran warned a U.S. attack would spark a regional war. This warning followed President Trump's deployment of an armada to the region. Ali Vaez of the International Crisis Group discussed the potential next steps for the country.

Looking ahead to the 2026 Winter Olympics, Wired highlighted several must-watch movies about the Games and the athletes who compete in them. The selection included inspiring, funny, scandalous, and heartbreaking stories, both true and fictional.

In Colorado Springs, CO, OptTek Systems was seeking a Senior Scientific Analyst/Developer, according to a Hacker News posting. The full-time, onsite position required US citizenship and the ability to obtain a US Department of Defense (DoD) security clearance. The role focused on supporting OptTek's Missile Defense Agency (MDA) customer.

AI-Assisted Journalism

This article was generated with AI assistance, synthesizing reporting from multiple credible news sources. Our editorial team reviews AI-generated content for accuracy.

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