Investing 16 February 2026 - 17 February 2026

SMX will begin trading on a split-adjusted basis Tuesday after a 1-for-4.88 reverse stock split, reducing shares outstanding to about 2 million. The stock closed at $11.00 Friday, down 21.6% after another sharp drop Thursday. A new shareholder rights plan with a 10% trigger and March 2 record date is also in effect. SMX expanded its standby equity purchase agreement to $250 million, with $8.9 million already drawn.

T-Mobile US shares closed at $219.50, up 2.3%, ahead of the Presidents Day market holiday. The company projects 2026 service revenue of $77 billion and plans to double Q1 share repurchases to $5 billion. T-Mobile will stop reporting postpaid phone subscriber additions, shifting focus to account growth and ARPA. It agreed to sell €2.5 billion in senior notes, with proceeds possibly used for buybacks or dividends.

Nebius shares closed at $98.01 Friday, up 9.23%, after reporting Q4 revenue of $227.7 million, missing estimates, and a net loss of $249.6 million. Capital expenditures jumped to $2.1 billion from $416 million a year earlier. The company ended 2025 with $3.7 billion in cash and posted its first quarter of positive operating cash flow. U.S. markets were closed Monday for Presidents Day.

S&P Global shares rose 3.11% to $409.54 Friday, rebounding after a 9.7% drop last week on a weaker-than-expected 2026 profit forecast. U.S. markets are closed Monday for Presidents Day and reopen Tuesday. Investors await Fed minutes and inflation data later in the week. The board approved a $0.97 quarterly dividend, payable March 11.

AbbVie shares closed Friday at $231.50, up 1.76%, before U.S. markets paused for Presidents Day. Investors await Tuesday’s reopening, with focus on AbbVie’s court fight to keep Botox out of Medicare price negotiations and a raised dividend. Trading volume outpaced recent averages Friday. The company faces ongoing pressure from biosimilar competition and weaker-than-expected Rinvoq sales.

Procter & Gamble shares closed down 0.7% at $160.07 ahead of the Presidents Day market holiday. The company’s $1.0568 dividend is payable Feb. 17. U.S. markets reopen Tuesday, with investors watching Walmart’s results and key economic data including GDP and the PCE price index. Defensive buying has supported consumer staples amid concerns over AI-driven volatility in other sectors.

Rivian shares closed at $17.73, up 27% after the company projected 62,000 to 67,000 vehicle deliveries in 2026 and confirmed R2 SUV deliveries for the second quarter. Rivian reported $1.286 billion in Q4 revenue and a $120 million gross profit, but forecast an adjusted EBITDA loss up to $2.1 billion. Investors await more R2 details on March 12. U.S. markets reopen Tuesday after the holiday.

Thermo Fisher Scientific shares closed at $504.82 Friday, down nearly 1% and marking a four-session slide ahead of Monday’s market holiday. The company’s stock has dropped about 6.5% since Feb. 10. Thermo Fisher recently priced $3.8 billion in senior notes to help fund its pending $9.4 billion Clario acquisition, which remains subject to regulatory approval. Investors await Tuesday’s market reopen and key U.S. economic data next week.