Finance 12 February 2026

Chevron stock slips as oil drops; Venezuela block report and Libya entry come into focus
···

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.
February 12, 2026
AbbVie stock jumps as Botox Medicare lawsuit puts Washington back in focus
···

AbbVie stock jumps as Botox Medicare lawsuit puts Washington back in focus

AbbVie shares rose nearly 3% after the company sued U.S. health agencies to block Medicare price controls for Botox. The lawsuit argues Botox should be exempt from the Inflation Reduction Act’s negotiation program as a plasma-derived product. Investors are watching for early court developments and the Medicare timeline for 2028 prices. The case was assigned to U.S. District Judge Carl Nichols.
February 12, 2026
CoreWeave stock price flips higher after a 5% dip as AI nerves hit tech
···

CoreWeave stock price flips higher after a 5% dip as AI nerves hit tech

CoreWeave shares rose 0.2% to $95.36 after swinging between $90.38 and $97.67, with 15.3 million shares traded. SEC filings showed insider selling, including a proposed 50,000-share sale under Rule 144 and trades by Chief Development Officer Brannin McBee under a 10b5-1 plan. Broader tech stocks fell. Investors await Friday’s U.S. inflation data and CoreWeave’s earnings on Feb. 26.
February 12, 2026
Ford forecasts 2026 profit rebound after tariff surprise and EV write-downs
···

Ford forecasts 2026 profit rebound after tariff surprise and EV write-downs

Ford projected 2026 adjusted EBIT of $8 billion to $10 billion after posting a $8.2 billion net loss in 2025, citing electric-vehicle charges and higher costs. The company expects $5 billion to $6 billion in adjusted free cash flow and $9.5 billion to $10.5 billion in capital spending this year. Ford’s EV unit lost $4.8 billion in 2025. Shares rose about 1% to $13.98 in afternoon trading.
February 12, 2026
Coinbase stock slides 8% as Wall Street cuts targets ahead of earnings after the bell
···

Coinbase stock slides 8% as Wall Street cuts targets ahead of earnings after the bell

Coinbase shares fell 8% to $140.95 Thursday afternoon ahead of its fourth-quarter results, due after the market close. Analysts cited weak crypto prices and trading volumes, with Monness, Crespi, Hardt downgrading the stock to “tactical sell.” Bitcoin dropped 2.2% to $65,644. Investors await updates on trading fees and stablecoin-driven revenue.
February 12, 2026
GE Vernova stock slips as GEV cools off near a fresh high on AI power trade jitters
···

GE Vernova stock slips as GEV cools off near a fresh high on AI power trade jitters

GE Vernova shares slipped 0.6% to $819.07 Thursday, pulling back after hitting a 52-week high the previous day. The company recently raised its 2026 revenue outlook to up to $45 billion and completed a $5.3 billion buyout of transformer-maker Prolec GE. Orders last quarter jumped 65% to $22.2 billion. Broader markets fell, with the Nasdaq down 1.6% in afternoon trading.
February 12, 2026
Carvana stock (CVNA) falls again after court order as earnings loom
···

Carvana stock (CVNA) falls again after court order as earnings loom

Carvana shares dropped 4.9% to $346.36 Thursday, extending losses after a U.S. court ordered the company to produce withheld email attachments in ongoing securities litigation. The order, signed Feb. 10, compels disclosure of communications tied to DriveTime. Investors remain cautious ahead of Carvana’s Feb. 18 earnings report. Executive Thomas Taira sold 1,047 shares on Feb. 9, SEC filings show.
February 12, 2026
Spotify stock slips 7% as post-earnings rally fades and analysts trim targets
···

Spotify stock slips 7% as post-earnings rally fades and analysts trim targets

Spotify shares fell 7.3% to $451.47 on Thursday, reversing gains from an earlier earnings rally. The stock swung between $438.07 and $489.10 as investors weighed AI spending and streaming economics. Spotify reported 751 million monthly active users and 290 million premium subscribers for the December quarter. Markets await further strategy details at Spotify’s May 21 Investor Day.
February 12, 2026
ICON stock sinks nearly 40% after accounting probe pulls guidance; what investors watch next
···

ICON stock sinks nearly 40% after accounting probe pulls guidance; what investors watch next

ICON shares plunged 39% after the company disclosed an internal accounting investigation and withdrew 2025 guidance. The firm delayed its annual results to on or before April 30, citing possible revenue overstatements for 2023 and 2024. Evercore suspended coverage, while Leerink Partners downgraded the stock. About 14.6 million shares changed hands by midday Thursday.
February 12, 2026
Bank of America stock drops nearly 3% as CPI looms and rate bets shift
···

Bank of America stock drops nearly 3% as CPI looms and rate bets shift

Bank of America shares dropped 2.8% to $52.32 in late-morning trading Thursday, tracking declines across major U.S. banks ahead of Friday’s inflation report. JPMorgan Chase, Wells Fargo, Citigroup, and Goldman Sachs also fell between 2.5% and 3.7%. Investors are adjusting positions as the Consumer Price Index data could shift Federal Reserve rate expectations. CEO Brian Moynihan this week reaffirmed targets for profit and net interest income growth.
February 12, 2026
1 … 57 58 59 60 61 … 71