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Global News Update: February 12, 2026  Good morning. It is Thursday, February 12th, 2026. Global markets are in full rally mode this morning as the dust settles on yesterday's blockbuster data. The simultaneous release of the January jobs report and Consumer Price Index has delivered the ultimate 'Goldilocks' signal to Wall Street. With inflation cooling faster than anticipated and hiring stabilizing the path is now clear for the Federal Reserve to cut rates by May. Treasury yields have collapsed in response with the ten year note diving back toward four percent. The technology sector is adding fuel to this fire following a pivotal report from Cisco Systems. The networking giant beat earnings expectations late yesterday revealing over two billion dollars in new AI infrastructure orders from hyperscalers. This massive backlog has silenced critics who feared the AI spending boom was fading sending Cisco shares surging in pre market trading. All eyes now shift to Applied Mater...