Falcon’s View – Week ending 27 Feb 2026

Performance

• S&P 500: +0,4 %

• Nasdaq 100: +0,2 %

• My portfolio: +0,1 %

Market pulse

U.S. equities were driven primarily by a renewed repricing of AI-related risk, culminating in a post-earnings selloff in Nvidia that weighed heavily on semiconductors and other growth stocks. Trade-policy whiplash remained a second major overhang as post–Supreme Court tariff relief gave way to fresh uncertainty over replacement levies, while hotter-than-expected January producer-price data late in the week reinforced a higher-for-longer Federal Reserve backdrop. Additional pressure came from renewed credit concerns in financials after the collapse of UK lender Market Financial Solutions and from geopolitical/oil risk tied to U.S.-Iran tensions, producing a clear late-week risk-off tone and relative outperformance from more defensive sectors.

Crowd vs. price

Market volatility continues to cause volatility in relative investor interest.

Holdings & Watchlist Notes

Netflix (NFLX): +22.3%

Netflix’s sharp rally was driven primarily by a relief reaction to the company’s decision to abandon the Warner Bros Discovery bidding war, which investors interpreted as a clear display of capital discipline. The move was reinforced by worsening Warner asset economics, Paramount’s payment of the $2.8 billion termination fee, Netflix’s announced resumption of share repurchases, and the removal of leverage, integration, and regulatory risks associated with a large-scale studio acquisition. In effect, the market rewarded Netflix for avoiding what had increasingly looked like a potentially value-destructive transaction and for returning focus to its core, organically driven streaming model.

• Relative crowd interest: Trend: upwards. Momentum: bullish.