Business 12 February 2026 - 13 February 2026

LegalZoom Drops Ahead of Shareholder Meeting as AI Fight Hangs Over Stock
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LegalZoom Drops Ahead of Shareholder Meeting as AI Fight Hangs Over Stock

LegalZoom.com traded lower in premarket Wednesday, with the stock near $6.53 as investors prepared for the company’s annual meeting. Shares have had trouble translating stronger sales into better numbers on the bottom line. The latest price was off 14.5 cents from Tuesday’s close, giving LegalZoom a market cap near $1.16 billion. The timing sets the scene. U.S. markets are open as usual, and Nasdaq’s 2026 holiday list shows the next full day off is Juneteenth, June 19. LegalZoom’s shareholder meeting is scheduled for later in the day, not on a weekend or holiday.
June 3, 2026
Toast (TOST) stock jumps after earnings and a $500 million buyback boost — analysts split
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Toast (TOST) stock jumps after earnings and a $500 million buyback boost — analysts split

New York, February 13, 2026, 16:30 EST — After-hours trade Toast gained roughly 5% after the bell Friday, stabilizing following a volatile session as investors reacted to the restaurant software firm’s earnings and beefed-up buyback. Shares finished up 4.6% at $27.33, swinging between $24.41 and $28.48 during the day; Block dropped around 1%, while Lightspeed lost close to 5%.
February 13, 2026
Workday founder Aneel Bhusri’s $139 million CEO comeback deal hinges on a five-year stock test
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Workday founder Aneel Bhusri’s $139 million CEO comeback deal hinges on a five-year stock test

PLEASANTON, Calif., Feb 13, 2026, 09:34 Workday co-founder Aneel Bhusri is set to collect stock awards worth $135 million as he steps back into the CEO role, according to a regulatory filing. Of that, $75 million depends on hitting certain share price targets over five years. The document also details a $1.25 million base salary and a target bonus that could reach twice that amount, with equity awards slated for a March 5 grant date. Bhusri and fellow founder David Duffield have a voting pact covering Class B shares that account for about 68% of Workday’s voting power, per the filing.
February 13, 2026
CAAT pension shake-up: CEO Derek Dobson put on leave after $1.6 million payout scrutiny
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CAAT pension shake-up: CEO Derek Dobson put on leave after $1.6 million payout scrutiny

CAAT Pension Plan said Friday it has placed CEO and plan manager Derek Dobson on immediate administrative leave, shifting chief investment officer Kevin Fahey into the acting CEO role. The board’s move comes as it tries to “restore stakeholder trust” after questions surfaced over a $1.6 million vacation payout awarded to Dobson. Governance is now under review, the board added. CAAT maintains that the governance issues have no impact on the plan’s financial stability or pension payments. As of its Feb. 5 update, the plan reported a 124% funded status, assets topping $23 billion, and upwards of $6 billion set aside in funding reserves.
February 13, 2026
Netflix stock price holds near $76 as Paramount lines up board fight over Warner deal
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Netflix stock price holds near $76 as Paramount lines up board fight over Warner deal

New York, February 13, 2026, 07:25 EST — Premarket Netflix stock was trading at $75.86 before the bell on Friday, following a 4.7% drop in the previous session. The latest jolt? A fresh boardroom angle in its potential Warner Bros Discovery deal. Paramount Skydance has spoken with Matthew Halbower—he's the founder of hedge fund Pentwater Capital Management—about possibly seeking a Warner board seat to challenge the merger plans. Pentwater owns roughly 50 million Warner shares. “I want the board of Warner Bros to exercise their fiduciary duties and negotiate with Paramount,” Halbower told Reuters, but added that neither he nor Paramount had reached a final decision.
February 13, 2026
Rivian stock lifts on R2 launch timeline, but 2026 outlook points to more losses
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Rivian stock lifts on R2 launch timeline, but 2026 outlook points to more losses

IRVINE, California, February 12, 2026, 13:55 PST Rivian Automotive is betting on a surge in deliveries for 2026—up 53% by its own estimate—driven by the rollout of its smaller R2 SUV in the second quarter. Investors liked what they heard; shares popped roughly 10% after hours on Thursday. The company projected 62,000 to 67,000 deliveries for this year, after getting 42,247 vehicles out the door in 2025. “The growth is really, of course, what we see in R2,” CEO RJ Scaringe told Reuters. Rivian’s new R2, starting around $45,000, lands in direct competition with Tesla’s Model Y, but it’s coming to market just as EV demand has softened following the end of U.S. federal tax credits, Reuters said.
February 12, 2026
Pinterest earnings: Stock drops on weak Q1 revenue outlook as AI pivot faces a tougher ad fight
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Pinterest earnings: Stock drops on weak Q1 revenue outlook as AI pivot faces a tougher ad fight

Pinterest shares sank roughly 12% after hours Thursday after the company guided first-quarter revenue to a range of $951 million to $971 million—coming up short of the $980.1 million average estimate from analysts. The image-sharing platform, locked in a fight for advertising spend against TikTok along with Meta’s Instagram and Facebook, fell short of Wall Street’s hopes for the March quarter. The outlook’s under the microscope as Pinterest works to convince advertisers their dollars lead to actual sales—not just inspire users to scroll. Even the slightest miss or cautious forecast ramps up the pressure, with the company fighting for ad spend against much larger rivals.
February 12, 2026
Ford forecasts 2026 profit rebound after tariff surprise and EV write-downs
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Ford forecasts 2026 profit rebound after tariff surprise and EV write-downs

Ford projects adjusted earnings before interest and taxes for 2026 between $8 billion and $10 billion, excluding one-off items. This follows a 2025 net loss weighed down by electric-vehicle charges and rising costs. The company also expects adjusted free cash flow of $5 billion to $6 billion, after capital expenditures, and plans to invest $9.5 billion to $10.5 billion in capital projects this year. Ford’s shares climbed about 1% to $13.98 in afternoon trading. Investors are closely tracking whether Detroit automakers can maintain healthy cash flow amid the growing costs and uncertainties of the EV shift. Ford’s 2026 lineup gave the market a boost despite a disappointing quarter, with traders zeroing in on the firm’s cash and margin goals rather
February 12, 2026
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