AI in Business News 13 February 2026

Meta Platforms stock slips after US CPI as Wall Street stays wary of AI spending
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Meta Platforms stock slips after US CPI as Wall Street stays wary of AI spending

Meta Platforms shares fell 0.8% to $644.56 on Friday morning, reversing early gains after January U.S. CPI data came in softer than forecast. The communication services sector lagged as Wall Street indexes opened flat, with investors cautious after Thursday’s tech selloff. Traders are watching for Fed minutes on Feb. 18 and upcoming megacap earnings for signals on AI-linked returns.
February 13, 2026
Applied Materials stock jumps after AI-led forecast; export settlement back in focus
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Applied Materials stock jumps after AI-led forecast; export settlement back in focus

Applied Materials shares jumped 11% to $365 after the company forecast second-quarter revenue of about $7.65 billion and adjusted profit of $2.64 per share, both above Wall Street estimates. The company reported a $252.5 million settlement over illegal shipments to Korea. Quarterly revenue reached $7.01 billion, with adjusted profit at $2.38 per share, both beating expectations.
February 13, 2026