Finance 12 February 2026

AST SpaceMobile stock slides 16% after $1 billion convertible notes, share sale plan grabs the tape
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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.
February 12, 2026
Wells Fargo stock drops again as WFC slides with banks ahead of Friday CPI
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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.
February 12, 2026
Accenture stock price slides nearly 4% as CEO share sale, AI jitters weigh on ACN
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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.
February 12, 2026
Boston Scientific stock edges higher as Wall Street slides — what’s next for BSX shares
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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.
February 12, 2026
GE Aerospace stock swings as Reuters reports CFM weighs “Plan B” engine design
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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.
February 12, 2026
Citigroup stock tumbles as banks slide ahead of CPI, rate-cap noise returns
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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.
February 12, 2026
Thermo Fisher stock slides 4%: Datavant data pact and $3.8B notes put TMO in focus
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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.
February 12, 2026
Chevron stock slips as oil drops; Venezuela block report and Libya entry come into focus
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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
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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
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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
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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
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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
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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
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