What are the latest market trends for February 10, 2026?
Public.com presents The Rundown, your daily market update in under 10 minutes. My name is Zaid Admani, and today is Tuesday, February 10th. In today's episode, we'll tell you why international stocks continue to outperform the US. We'll also recap earnings from Spotify and Coca-Cola. Then stick around to the end of the show to find out why Mr. Beast just bought a bank.
We got a great show for you today. Let's go. Markets kicked off the week on a strong note. The S&P 500 climbed 0.5%, while the Nasdaq did even better, up 0.9%. It seems like investors are jumping back into tech stocks. It was the best performing sector yesterday, which was nice to see after the bloodbath from last week. One of the big winners yesterday was Oracle, which jumped nearly 10%.
and software stocks more broadly are making a comeback. The ETF IGV, which tracks software stocks has gone up 7% in the last two trading sessions. So shout out to everyone that bought the dip last week. Zooming out a bit, there's something interesting happening that's flying under the radar. International stocks continue to surge. Several global markets are outperforming the U.S.
so far in 2026, including Europe, South Korea, and Japan. In fact, Japan's Nikkei Index hit a record high yesterday after their Prime Minister, Takaichi, won big in the election. You know, 2025 was a big year for international stocks, and that momentum is continuing into 2026. You know, a big reason for that is a weakening dollar.
When the dollar weakens, international investments become more attractive. Plus, it feels like U.S. stocks might be too expensive and investors are chasing better deals overseas. Now, coming back to the states here, we have an interesting week coming up. Remember, the January jobs report is dropping tomorrow morning. Economists are expecting 68,000 jobs added to the economy.
And then on Friday morning, we get the January CPI inflation report. If both those reports come in better than expected, stocks could be sitting at record highs again by the end of the week. As always, we're going to be staying on top of all this. So if you're new here, it's a great time to get subscribed to the podcast and tune in every day to stay in the loop. Let's run through some headlines.
Starting with Spotify. Spotify just reported earnings and they absolutely crushed it. The music streaming giant added 38 million users in the fourth quarter, which is the biggest quarterly jump in its history. monthly users now sit at 751 million, and premium subscribers hit 290 million, which is up 10% from last year.
Now, looking at the revenues, that grew 7% to about $4.5 billion in Q4, and the company posted a profit of $1.4 billion for the quarter, which is triple what they made a year ago. Top of that, operating margins also hit record levels. So yeah, it was a monster quarter for Spotify, and there seems to be two things driving the growth. One is Spotify wrapped.
I know it sounds silly, but Spotify wrapped is very popular. More than 300 million users interacted with the feature, generating 630 million social media shares. It basically turns into the best free marketing campaign in the world. When you see your friends post their Spotify rap, that gets people to sign up for Spotify.
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