Trade Move Hits Court

Trump imposed a 15% global tariff move that’s now facing Supreme Court pushback.

Author

Ankit Sinha
February 23, 2026

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🎯 In this issue:

  • Banana Bits: Finance headlines that actually matter

  • Market Summary: Trump’s invulnerability is challenged by the Supreme Court’s ruling

  • What’s Ripe / Rotten: The tastiest and most disgusting stocks today

  • Technical Trip: Interview Q&A from Ares

  • Lesson from the Library: Understand how firms restructure debt, stabilize operations, and recover value under stress.

  • Deal Deep Dive: M&A, IPO, and transaction breakdowns

  • The Daily Poll: See how you stack up

Market Snapshot

📉 Banana Bits

Market News

Trump’s Invulnerability is Challenged by the Supreme Court’s Rule

Friday Trading was a bumpy ride for U.S. equities after the Supreme Court rejected Trump's tariff rule.

In retaliation, Trump imposed a 10% global tariff, later raised to 15%. President Trump warned that rejecting his tariff initiatives could cost the U.S. trillions of dollars that could help pay the U.S. debt.

Another factor that shook up the market was December’s inflation print. Inflation accelerated at the end of last year, reinforcing the Federal Reserve’s reluctance to cut interest rates again too quickly.

The Core Personal Consumption Expenditures Price Index, which excludes food and energy and is the Fed’s preferred inflation gauge, rose 0.4% in December from the prior month and 3.0% from a year earlier, the Bureau of Economic Analysis reported on Friday.

Economists surveyed by FactSet had expected a 0.37% monthly increase and a 3.0% annual rise. Headline PCE increased 0.4% on the month and 2.9% year over year, slightly above forecasts for a 0.3% monthly gain and a 2.7% annual increase.

What's Ripe

Opendoor Technologies Inc. (OPEN) 7.5%

  • OPEN rose 7.5%. The online home-buying platform recorded a quarterly loss of $1.26 a share on revenue of $736 million. Analysts were looking for $594 million.

  • Opendoor said it expects revenue to fall roughly 10% on a sequential basis in the current quarter.

  • The company is also aiming to turn adjusted net income positive by the end of 2026.

Crocs Inc. (CROX) 3.7%

  • Shares of retailers heavily exposed to tariffs gained momentum following the Supreme Court ruling. Furniture retailer Wayfair rose 2.3%, and Williams-Sonoma, the owner of Pottery Barn and West Elm, rose 1.9%.

What's Rotten

Chemours Co. (CC) 16.5%

  • CC slumped 16%. The chemical maker posted lower sales in the fourth quarter, driven by weakness in titanium dioxide and products in its advanced materials business, such as Teflon.

  • Sales of its Opteon coolant, which can be used in data centers, grew 37% to $243 million, but it wasn’t enough to offset an earnings miss.

Akamai Technologies Inc. (AKAM) 14.1%

  • AKAM slid 14%. The cloud-services company posted adjusted earnings of $1.84 a share, outstripping analysts’ calls for $1.76.

  • However, Akamai forecast an uptick in capital spending in 2026, saying capex will be 23% to 26% of revenue for the year, up from 19% in 2025.

🧠 Technical Trip: Evercore Restructuring

Interview Q&A from Ares

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📚 Lesson from the Library

🎥 Corporate Restructuring Program: Fixing Businesses Under Pressure

Understand how firms restructure debt, stabilize operations, and recover value under stress.

🦈 Deal Dispatch

M&A, IPOs, And Other Notable Transactions

📊The Daily Poll

What’s at stake with the 15% global tariff facing court heat?

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Previous Poll:

Why did the US trade deficit hit $901B?

Import surge: 19.6% // Weak exports: 23.1% // Dollar strength: 18.8% // Tariff twist: 38.5%

Student Success Corner

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Banana Brain Teaser

Previous

If y is the smallest positive integer such that 3,150 multiplied by y is the square of an integer, then y must be?

Answer: 14

Today

In a small snack shop, the average (arithmetic mean) revenue was $400 per day over a 10-day period. During this period, if the average daily revenue was $360 for the irst 6 days, what was the average daily revenue for the last 4 days?

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