Business News 17 February 2026 - 19 February 2026

Kenvue shares traded at $18.88 in premarket Thursday, steady after a 2.55% gain Wednesday on strong quarterly results and a new restructuring plan. The company beat estimates with Q4 adjusted profit of 27 cents per share and $3.78 billion in sales, and announced a 3.5% workforce cut. Investors tracked progress on the planned Kimberly-Clark takeover and increased activist pressure from Starboard Value.

Johnson & Johnson shares rose 0.4% to $244.36 Wednesday after announcing a $1 billion cell therapy manufacturing facility in Montgomery County, Pennsylvania. The company also reported two FDA updates: approval for a monthly dosing schedule of RYBREVANT FASPRO in lung cancer and Breakthrough Therapy Designation for the drug in head and neck cancer.

Procter & Gamble shares fell 2% to $156.35 by early afternoon Wednesday, outpacing declines in the consumer staples sector despite an upgrade from Erste Group. Minutes from the Federal Reserve’s January meeting showed officials split on inflation, fueling uncertainty over rate cuts. Chief R&D officer Victor Aguilar sold over 15,000 shares last week. P&G is set to present at the Consumer Analyst Group of New York conference Thursday.

Wolfspeed shares rose 0.9% to $19.30 in premarket trading Wednesday after closing up 7.8% the previous session. A regulatory filing showed Point72 and Steven A. Cohen held 3.8% of Wolfspeed as of Dec. 31. The company named Stefan Steyerl vice president of sales for EMEA, effective March 1. Trading volume Tuesday reached about 2.4 million shares.

Honeywell shares rose 0.5% to $242.65 in after-hours trading Tuesday after the company revised 2025 reported profit figures, citing new impairment charges tied to businesses marked for sale. The company booked a $436 million goodwill impairment in Industrial Automation and a $35 million asset write-down, partly offset by a $61 million tax benefit. 2026 guidance and adjusted results remain unchanged. Investors await the CEO’s appearance at a Citi conference Wednesday.

Expedia shares dropped 5.8% to $200.42 in after-hours trading Tuesday, underperforming rivals after management projected slower full-year 2026 margin expansion. The stock fell $12.34 from the prior close. DA Davidson cut its price target to $260, citing margin concerns. Booking Holdings was flat, while Airbnb and TripAdvisor gained.

Shopify shares slipped 0.2% to $112.46 midday Tuesday despite Truist upgrading the stock to “buy” and raising its price target to $150. The company’s $2 billion share repurchase program began Feb. 17. Shopify’s latest earnings showed revenue guidance above estimates but missed on adjusted profit due to higher costs. Orders from AI search tools rose 15-fold since January 2025, according to the company.

CoreWeave shares fell 4.6% to $91.62 Tuesday after CEO Michael Intrator disclosed insider sales and law firms circulated reminders about a securities class action. The AI cloud company reports quarterly results next week, with investors watching for updates on capacity expansion and spending. About 11.1 million shares traded by early afternoon. A March 13 deadline looms for lead plaintiff motions in the New Jersey lawsuit.

Banco Bradesco’s U.S.-listed shares fell 2.7% to $3.98 in premarket trading Tuesday after reports of outages in its digital banking services in Brazil during Carnival. The B3 exchange in Brazil remains closed for the holiday, leaving U.S. shares as one of the few ways for investors to trade the stock. Peers including Itau Unibanco also slipped in early U.S. trading.

Caterpillar shares closed at $774.20 on Friday, up 2.1%, before U.S. markets paused for Presidents Day. CFO Andrew Bonfield is scheduled to speak at a Barclays conference Feb. 18. Fed meeting minutes and delayed GDP/PCE data are due later in the week. Trading resumes Tuesday after the holiday.