Technology News 13.02.2026
LIVETechnology news rolling coverageStarted: February 13, 2026, 12:00 AM ESTUpdated: February 13, 2026, 1:14 AM EST
Fastly (FSLY) stock price jumps 72% after guidance as traders eye AI traffic and capex
Fastly shares surged about 72% in after-hours trading to $16.04 after forecasting 2026 revenue of $700 million to $720 million. The company reported fourth-quarter revenue of $172.6 million, beating analyst estimates. Remaining
DraftKings stock plunges after-hours as DKNG 2026 guidance disappoints
DraftKings shares fell about 15% to $21.39 in after-hours trading Thursday after forecasting 2026 revenue of $6.5–$6.9 billion and adjusted EBITDA of
Arista stock jumps after hours on earnings beat, lifts 2026 outlook
Arista Networks shares jumped 13% to $153.33 in after-hours trading after the company beat quarterly estimates and raised its 2026 revenue outlook
Applied Materials stock jumps after earnings beat; AMAT rallies in after-hours as AI demand drives outlook
Applied Materials shares surged 13.3% to $371.97 in after-hours trading after beating quarterly estimates and issuing a strong forecast. The company reported
Apple stock price slides 5% as FTC warning and Siri AI delay report weigh on AAPL
Apple shares fell 5% to $261.73 Thursday, erasing about $214 billion in market value. The drop followed an FTC warning over Apple
Humana (HUM) stock rebounds after earnings shock — Star Ratings and Medicare rates now drive the price
Humana shares rose 1.96% to $178.83, breaking a three-day slide, as volume surged above average despite broader market losses. The company reported a Q4 GAAP loss of $6.61 per share and projected 2026 adjusted EPS of at least $9, well below analyst estimates. RBC Capital and other firms cut price targets after Humana warned lower Medicare Advantage Star Ratings would reduce profits by $3.5 billion.
NXP (NXPI) stock slides 3% after touching $256 — what investors watch next
NXP Semiconductors shares fell 3% to $242.19 Thursday after an early surge above $256 faded, tracking a broader tech selloff ahead of
Nebius (NBIS) stock holds up after a wild session as $2.1B capex and filings hit the tape
Nebius Group N.V. shares rose 0.9% to $89.73 after-hours Thursday following a volatile session and earnings showing Q4 revenue of $227.7 million,
Union Pacific stock slips after-hours: what UNP investors are watching before next week
Union Pacific shares closed down 0.5% at $261.77 Thursday, tracking a broader market decline. The railroad highlighted a Feb. 18 investor conference
Hilton stock slips after-hours: what HLT investors watch after modest 2026 outlook
Hilton shares fell 0.9% after hours Thursday, closing at $322.17 following a volatile session. The company forecast 2026 RevPAR growth of 1%-2%,
Home Depot stock stalls after the bell as CPI and earnings loom
Home Depot shares slipped 0.1% to $390.22 in after-hours trading Thursday, following a broader tech-led selloff on Wall Street. Investors are cautious ahead of Friday’s U.S. Consumer Price Index release and Home Depot’s earnings report on Feb. 24.
Credo Technology (CRDO) stock drops 5% as tech rout bites — what investors watch next
Credo Technology shares fell 5.2% to $121.78 in after-hours trading Thursday as tech stocks slid ahead of Friday’s U.S. inflation data. The stock had swung between $121.70 and $131.79 during the day. Credo recently preannounced higher-than-expected quarterly revenue and will report full results March 2.
Wall Street’s AI “losers” hunt hits Nasdaq as Cisco plunges and transports slide
The Nasdaq Composite fell 2.03% Thursday as investors sold off tech and transport stocks on fears AI will disrupt profits. Cisco plunged 12.3% and AppLovin dropped 19.7%. Gold, silver, and bitcoin also slid as money moved into Treasuries. Initial jobless claims dipped to 227,000, while existing home sales dropped 8.4% in January.
DraftKings stock sinks after weak 2026 forecast as prediction-markets spend takes focus
DraftKings shares dropped 13% in after-hours trading Thursday after its 2026 revenue and profit outlook missed Wall Street estimates. The company reported fourth-quarter revenue up 43% to $1.99 billion and posted positive net income for 2025. Monthly unique payers were flat at 4.8 million. DraftKings cited increased investment in its Predictions product ahead of 2026 launches.
US mortgage rate dips to 6.09% — a small break for buyers as spring nears
U.S. 30-year fixed mortgage rates fell to 6.09% from 6.11% last week, Freddie Mac said Thursday. Existing home sales dropped 8.4% in January, with inventory at 1.22 million homes, according to the National Association of Realtors. Payrolls rose by 130,000 last month and unemployment held at 4.3%. The Labor Department will release January inflation data Friday morning.
Coinbase posts $667 million loss as crypto rout drags revenue down — and the Q1 clue traders seized on
Coinbase posted a $667 million fourth-quarter loss as net revenue fell 22% to $1.71 billion, missing analyst estimates. Transaction revenue dropped to $983 million, driven by a sharp fall in consumer activity after a late-2025 crypto selloff. Subscription and services revenue climbed 13% to $727 million, boosted by stablecoins. Shares fell about 8% after the report.
Rivian stock lifts on R2 launch timeline, but 2026 outlook points to more losses
Rivian forecast 2026 deliveries of 62,000 to 67,000 vehicles, up from 42,247 in 2025, as it prepares to launch the R2 SUV in the second quarter. The company posted $1.29 billion in fourth-quarter revenue and $120 million in gross profit, but reported a net loss of $804 million. Rivian guided to an adjusted EBITDA loss of $1.8 billion to $2.1 billion and capital spending up to $2.05 billion this year.
Pinterest earnings: Stock drops on weak Q1 revenue outlook as AI pivot faces a tougher ad fight
Pinterest forecast first-quarter revenue of $951 million to $971 million, missing analysts’ $980.1 million estimate. Shares dropped about 12% in after-hours trading following the outlook. Fourth-quarter revenue rose 14% to $1.319 billion, with monthly active users reaching 619 million. The company recently announced job cuts affecting less than 15% of its workforce.
Applied Materials jumps after bullish forecast signals AI memory boom for chip gear makers
Applied Materials forecast second-quarter revenue and profit above Wall Street estimates, citing strong demand for AI-related chip equipment and record DRAM revenue. Shares jumped about 9% after hours. Fiscal first-quarter net income rose 71% to $2.03 billion on $7.01 billion in revenue. Export controls and volatile China demand remain risks.
Merck (MRK) stock swings, ends flat after FDA clears Keytruda regimen in ovarian cancer
Merck shares closed down 0.03% at $119.28 after the FDA approved a Keytruda-based regimen for certain platinum-resistant ovarian cancer patients. The stock had reached $121.62 earlier in the session. Merck also announced new bladder and kidney cancer data to be presented at ASCO GU later this month. Chief Marketing Officer Chirfi Guindo sold 10,000 shares at an average price of $121.46.
Waters Corporation stock drops again as analysts reset targets after BD deal
Waters Corp shares fell 2.8% to $320 in late New York trading Thursday, extending losses after a weak first-quarter profit outlook and broker price target cuts. Wells Fargo, BofA, UBS, and TD Cowen all lowered targets, citing integration risks with BD’s biosciences and diagnostics units. Waters completed the $18.8 billion BD deal this week, with BD shareholders now owning 39.2% of the combined company.
Corning stock hits a fresh 52-week high — what traders watch next for GLW
Corning shares closed up 0.86% at $134.04 Thursday after hitting a 52-week high of $136.82. The company declared a quarterly dividend of $0.28 per share, payable March 30. The stock’s recent rally follows a multi-year fiber-optic supply deal with Meta Platforms worth up to $6 billion. Trading volume was near its average at 7.4 million shares.
AST SpaceMobile stock slides 16% after $1 billion convertible notes, share sale plan grabs the tape
AST SpaceMobile shares fell 16% to $81.14 in after-hours trading Thursday after the company announced a $1 billion convertible note offering tied to its satellite buildout. Trading volume topped 27 million shares. AST reported $2.78 billion in year-end cash and preliminary 2025 revenue of $63–71 million. The new notes are set to settle Feb. 17, with related transactions expected around Feb. 20.
RTX stock price rises on Raytheon drone-swarm defense test, even as market slips
RTX shares climbed 2.3% to $201 Thursday afternoon, outperforming a falling S&P 500. Raytheon demonstrated a non-kinetic counter-drone system for the U.S. Army, and RTX’s BBN unit won a radar-5G spectrum contract. A filing showed Senior VP Amy Johnson sold 8,088 shares at $195.03 after award-related transactions.
Wells Fargo stock drops again as WFC slides with banks ahead of Friday CPI
Wells Fargo shares fell 2.7% to $86.53 Thursday afternoon, underperforming U.S. financial stocks ahead of Friday’s inflation data. The Financial Select Sector SPDR Fund dropped 1.5%, while the S&P 500 ETF slipped 1.2%. Investors adjusted bets on Federal Reserve rate cuts after a strong jobs report. Wells Fargo management cited loan growth in cards and autos, with credit performance holding steady.
Eaton stock price reverses after $408 pop as Wall Street doubts AI payback
Eaton shares fell 1.5% to $390.25 Thursday after an early surge, as U.S. tech stocks slumped and investors reassessed AI infrastructure bets. The company’s 2026 profit outlook missed analyst estimates, citing slower industrial orders and trade uncertainty. Eaton will discuss its strategy at a Barclays conference on Feb. 17.
Accenture stock price slides nearly 4% as CEO share sale, AI jitters weigh on ACN
Accenture shares fell 3.8% to $221.58 Thursday after touching $215.22 intraday, with about 7.5 million shares traded. CEO Julie Sweet disclosed a planned sale of 6,057 shares in an SEC filing. Traders are watching the March 19 earnings call and a May 20 GAO deadline on a $1.4 billion federal contract protest. Peers IBM, Cognizant, DXC, and Infosys also declined.
Boston Scientific stock edges higher as Wall Street slides — what’s next for BSX shares
Boston Scientific shares rose 1.2% to $74.38 Thursday, outperforming a 1% drop in U.S. indexes as tech stocks sold off ahead of Friday’s CPI report. The stock remains volatile after a 17% plunge last week, triggered by weaker-than-expected electrophysiology sales and a slower 2026 growth forecast. CEO Michael Mahoney recently sold shares under a pre-set plan. Stryker and Medtronic shares also gained in Thursday trading.
GE Aerospace stock swings as Reuters reports CFM weighs “Plan B” engine design
GE Aerospace shares rose 0.3% to $314.60 in Thursday afternoon trading after a Reuters report said CFM International, its joint venture with Safran, is considering a backup design for its next engine. CFM is weighing both an “open-fan” and a more conventional “advanced ducted” concept for future Boeing and Airbus jets. Investors are watching Safran’s Feb. 13 results for signals on LEAP engine production and service demand.
Citigroup stock tumbles as banks slide ahead of CPI, rate-cap noise returns
Citigroup shares dropped 4.2% to $112.45 in Thursday afternoon trading, extending losses as U.S. bank stocks slid ahead of Friday’s CPI data. Incoming CFO Gonzalo Luchetti warned a proposed credit-card rate cap could cut credit access for lower-income borrowers. JPMorgan, Bank of America, and Wells Fargo also fell. Investors cited rate expectations and political scrutiny of card pricing.
Costco stock jumps near $1,007 as traders brace for CPI and March earnings
Costco shares climbed 2.9% to $1,006.71 on Thursday, outperforming most large retailers as tech stocks slid. Investors are watching Friday’s U.S. CPI data and Costco’s March 5 earnings call for signals on rate cuts and consumer spending. January net sales rose 9.3% to $21.33 billion. A $1.30 per share dividend is payable Feb. 13.
Thermo Fisher stock slides 4%: Datavant data pact and $3.8B notes put TMO in focus
Thermo Fisher shares fell 4.3% to $504.53 Thursday afternoon, extending a recent slide. The company expects to settle a $3.8 billion debt offering on Feb. 12 to help fund its pending Clario acquisition. Thermo Fisher also announced a data collaboration with Datavant. An executive vice president sold 400 shares under a pre-set plan, according to an SEC filing.
Johnson & Johnson stock bucks tech-led selloff — here’s what moves JNJ next
Johnson & Johnson shares climbed 1.7% to $244.97 Thursday afternoon, outperforming a falling S&P 500. The company reported 2025 sales rose 6% to $94.2 billion, with net earnings of $26.8 billion. J&J filed a new shelf registration for future debt issuance. The annual report put its talc litigation reserve at $3.4 billion and noted more trials ahead.
Chevron stock slips as oil drops; Venezuela block report and Libya entry come into focus
Chevron shares fell 1.4% to $183.25 as oil prices dropped sharply after the IEA flagged weaker demand and rising supply. Exxon Mobil and BP U.S. shares also declined, tracking crude. Chevron was named winning bidder for Libya’s Sirte S4 exploration license, pending a production-sharing agreement. Venezuela may grant Chevron and Repsol new oil blocks this week, according to Bloomberg sources.
AT&T stock price climbs as telecoms buck tech slump ahead of U.S. CPI
AT&T shares rose 2.1% to $29.06 Thursday afternoon, outperforming a falling market as investors shifted from tech stocks ahead of Friday’s U.S. inflation data. T-Mobile gained 4.5% after raising long-term targets for revenue and cash flow. Verizon also advanced 1.8%. Treasury yields slipped as traders weighed prospects for Federal Reserve rate cuts.