2026년 2월 22일 · Unknown · financial · 출처 Seeking Alpha
[Morgan Stanley European Headquarters, London, UK]
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Wall Street ended [https://seekingalpha.com/article/4873199-what-moved-markets-this-week] the week higher as investors navigated a flurry of economic data points, corporate earnings, and a major legal development in Washington.
A key catalyst arrived from the nation’s highest court. In a 6-3 ruling, the U.S. Supreme Court struck down [https://seekingalpha.com/news/4554697-us-supreme-court-strikes-down-trumps-global-tariffs] tariffs imposed by President Donald Trump.
Financial stocks rebounded after AI disruption risk weighed on sentiment last week [https://seekingalpha.com/news/4552195-wealth-managers-insurance-brokers-in-top-losers-weeks-financials-wrap]. The State Street Financial Sel Sec SPDR ETF (XLF [https://seekingalpha.com/symbol/XLF]) added 1.63% from the prior week to close at $52.49.
Large diversified banks led the weekly gainers among megacap stocks. Morgan Stanley (MS [https://seekingalpha.com/symbol/MS]) (+4.37% W/W to $175.41), Citigroup (C [https://seekingalpha.com/symbol/C]) (+4.36% W/W to $116.00), Wells Fargo (WFC [https://seekingalpha.com/symbol/WFC]) (+2.79% W/W to $88.70), and JPMorgan Chase (JPM [https://seekingalpha.com/symbol/JPM]) (+2.69% W/W to $310.79) topped the list.
The week saw the Federal Reserve propose [https://seekingalpha.com/news/4552391-fed-proposes-rules-to-bring-mortgages-back-to-the-big-banks] rules that could bring mortgages back to big banks. The proposal is expected to change capital rules regarding banks' mortgage origination and servicing, potentially allowing the banks to include mortgage servicing assets in regulatory capital, according to a report [https://www.capitaliq.spglobal.com/apisv3/spg-webplatform-core/news/article?KeyProductLinkType=2&id=98748202] by S&P Global Market Intelligence.
Banks are said to have increasingly lost origination and servicing market share to nonbanks over the past two decades.
Among the largecap stocks, Coinbase Global (COIN [https://seekingalpha.com/symbol/COIN]) (+21.45% W/W to $171.35) topped the weekly gainers.
COIN extended gains from the prior week as investors cheered [https://seekingalpha.com/news/4551993-coinbase-stock-buoyed-by-stock-buybacks-revenue-diversification-legislation-outlook] the company's efforts to diversify revenue and the stock repurchasing activity after Q4 earnings and revenue missed Wall Street consensus estimates.
In addition, the management appeared more optimistic about the eventual passage of crypto legislation in Washington, DC.
Furthermore, John D'Agostino, Coinbase's head of institutional strategy, said [https://seekingalpha.com/news/4552549-bitcoin-s-20-percent-drawdown-is-a-consolidation-rather-than-a-shift-in-its-outlook-coinbase] in an interview with CNBC that bitcoin's (BTC-USD [https://seekingalpha.com/symbol/BTC-USD]) recent pullback of over 20% this year represents a familiar consolidation phase rather than a fundamental shift in the cryptocurrency's outlook.
XP (XP [https://seekingalpha.com/symbol/XP]) (+16.08% W/W to $22.95) and Circle Internet Group (CRCL [https://seekingalpha.com/symbol/CRCL]) (+11.28% W/W to $63.02) were the other notable names in the category. CRCL is set to report Q4 earnings next week [https://seekingalpha.com/symbol/CRCL/earnings/estimates?period=quarterly], while XP reported last week [https://seekingalpha.com/news/4551532-xp-non-gaap-eps-of-r256-revenue-of-r495b].
Meanwhile, Blue Owl Capital (OWL [https://seekingalpha.com/symbol/OWL]) (-13.45% to $10.81) stood out as the top weekly loser among largecap stocks.
The alternative asset manager saw its share price crash after permanently halting [https://seekingalpha.com/news/4554110-blue-owl-capital-move-adds-to-private-credit-unease] redemptions for its retail-focused private credit fund, a move that raised fresh concern over the risks facing the private credit market.
OWL reportedly found [https://seekingalpha.com/news/4554526-blue-owl-sold-14b-loan-portfolio-to-pension-giants-own-insurer] four buyers for a $1.4B portfolio of loans as it faces a deadline to return cash to investors.
Next on the list, TPG (TPG [https://seekingalpha.com/symbol/TPG]) lost 8.68% W/W to close at $44.51. On Thursday, the alternative asset manager announced [https://seekingalpha.com/news/4554363-tpg-prices-500m-4875-senior-notes-due-2031] the pricing of a $500M registered public offering of 4.875% senior notes due 2031.
Among the midcap stocks, Neptune Insurance (NP [https://seekingalpha.com/symbol/NP]) surprised to the upside, bagging the top weekly gainer position after standing out as the top loser [https://seekingalpha.com/news/4552195-wealth-managers-insurance-brokers-in-top-losers-weeks-financials-wrap] in the prior week.
This week, the insurance agency (+23.92% W/W to $21.24) posted financial results that exceeded [https://seekingalpha.com/news/4553647-neptune-insurance-holdings-inc-non-gaap-eps-of-0_42-beats-by-0_32-revenue-of-43_8m-beats-by] Wall Street estimates in terms of revenue and earnings.
Figure Technology Solutions (FIGR [https://seekingalpha.com/symbol/FIGR]) (-14.54% W/W to $29.12) led the midcap losers after the company announced [https://seekingalpha.com/news/4553179-figure-technology-prices-upsized-secondary-sale-at-32-share] pricing of an upsized secondary offering of 4,375,000 shares of its series A blockchain common stock at $32 per share, increasing the deal by 145,000 shares from the initial size.
Next on the list, Hamilton Lane (HLNE [https://seekingalpha.com/symbol/HLNE]) hit a 52-week low during the week, with the stock losing 13.05% to end at $107.02.
Among the smallcap stocks, Aurelion (AURE [https://seekingalpha.com/symbol/AURE]) (-20.05% W/W to $1.75), Investors Title (ITIC [https://seekingalpha.com/symbol/ITIC]) (-18.60% W/W to $217.80), and Federal Agricultural Mortgage (AGM [https://seekingalpha.com/symbol/AGM]) (-16.57% W/W to $149.46) led the weekly losers.
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