News 23 February 2026 - 24 February 2026

Cisco stock dips after hours after Wall Street selloff; CSCO investors eye Nvidia results next
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Cisco stock dips after hours after Wall Street selloff; CSCO investors eye Nvidia results next

Cisco shares closed down 1.8% at $77.74 Monday and were little changed after hours, following a broader market selloff driven by tariff concerns and AI disruption fears. The company announced a new “Secure AI Factory” in Australia with SharonAI and Nvidia, using 1,024 Nvidia Blackwell Ultra GPUs to keep AI processing local. Trading volume topped 24.5 million shares, above the 50-day average.
February 24, 2026
AST SpaceMobile stock jumps after $30 million Space Force agency deal — what matters next

AST SpaceMobile stock jumps after $30 million Space Force agency deal — what matters next

AST SpaceMobile shares climbed 4.6% to $83.90 in after-hours trading Monday after winning a $30 million U.S. Space Development Agency contract for satellite communications demonstrations. The company also disclosed repurchasing $296.5 million in convertible notes, funded by selling 6.34 million shares at $96.92 each. Demonstrations under the contract are set to finish by December 2027.
February 24, 2026
Verizon stock price: VZ ticks up after new €2.25 billion and £600 million hybrid debt deal
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Verizon stock price: VZ ticks up after new €2.25 billion and £600 million hybrid debt deal

Verizon shares rose 0.9% to $49.68 in late trading Monday after the company closed €2.25 billion and £600 million in junior subordinated note sales due 2056. Buyers included Barclays, Merrill Lynch International, and Citigroup. Verizon said proceeds may go toward general corporate purposes, including debt repayment. CFO Tony Skiadas is set to speak at a Barclays conference Tuesday morning.
February 24, 2026
Bank of America stock sinks nearly 4% after Wall Street rout — tariffs and inflation back in focus

Bank of America stock sinks nearly 4% after Wall Street rout — tariffs and inflation back in focus

Bank of America shares fell 3.7% to $51.07 Monday as financial stocks led a broad Wall Street selloff, with about 50.5 million shares traded. The drop followed renewed tariff uncertainty and persistent inflation signals, which kept rate-cut bets in flux. Wells Fargo and Morgan Stanley also posted steep declines. Investors await Tuesday’s consumer confidence data and new tariff guidance.
February 24, 2026
XRP price dips as Trump tariff uncertainty hits crypto — two Feb. 24 catalysts to watch
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XRP price dips as Trump tariff uncertainty hits crypto — two Feb. 24 catalysts to watch

XRP fell 2.3% to $1.35 as U.S. tariff moves rattled risk assets, with trading volume surging 164% to $3.5 billion, according to CoinMarketCap. President Trump imposed a new 15% tariff on all U.S. imports after the Supreme Court blocked his previous levies. Bitcoin dropped 4.4% and ether 4.1%. Grayscale’s GXRP ETF will start charging a 0.35% fee on Feb. 24.
February 23, 2026
Shopify stock slides 7% after hours as tariff turmoil and AI fears batter tech
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Shopify stock slides 7% after hours as tariff turmoil and AI fears batter tech

Shopify shares fell about 7% to $117.28 in after-hours trading Monday, extending a sharp drop as software stocks slumped and investors reacted to tariff uncertainty and AI disruption fears. Roughly $223 billion was erased from software sector value, with the iShares Expanded Tech-Software ETF down 4.75%. Shopify recently announced a $2 billion buyback and flagged lower free cash flow margins.
February 23, 2026
Vanda Pharmaceuticals stock jumps 41% on Bysanti FDA approval filing as analysts weigh uptake risk
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Vanda Pharmaceuticals stock jumps 41% on Bysanti FDA approval filing as analysts weigh uptake risk

Vanda Pharmaceuticals shares jumped 41% to $8.15 after the FDA approved its new antipsychotic, Bysanti, for schizophrenia and bipolar I disorder. The company expects a U.S. launch in the third quarter. Analysts questioned demand given similarities to Vanda’s older drug Fanapt, which faces generic competition in 2027 or 2028. Trading volume surged to 47.6 million shares, far above average.
February 23, 2026
GE Aerospace stock (GE) slips after hours despite $12.4M U.S. Air Force engine award with Kratos
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GE Aerospace stock (GE) slips after hours despite $12.4M U.S. Air Force engine award with Kratos

GE Aerospace shares fell 1.2% to about $339 in after-hours trading after announcing a $12.4 million U.S. Air Force contract with Kratos to design a jet engine for collaborative combat aircraft. The drop came as broader markets slid on new U.S. tariffs. Kratos shares also declined, down 1.8%. GE Aerospace’s next earnings update is set for April 21.
February 23, 2026
Bitcoin price drops below $65,000 as Trump tariff whiplash rattles risk assets

Bitcoin price drops below $65,000 as Trump tariff whiplash rattles risk assets

Bitcoin fell 4.4% to $64,546 by 4:35 p.m. EST Monday, hitting its lowest in over two weeks as renewed U.S. tariff uncertainty sparked a broad market selloff. Crypto-linked stocks and ether also dropped. A new 15% import duty takes effect Tuesday, replacing emergency tariffs. Analysts flagged $60,000 as a key support level, with on-chain data showing increased bitcoin flows to exchanges.
February 23, 2026
Silver price jumps near $89 as Trump’s 15% tariff clock ticks down
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Silver price jumps near $89 as Trump’s 15% tariff clock ticks down

Spot silver jumped 4.76% to $88.68 an ounce in late U.S. trading Monday, after the U.S. announced a 15% global import tariff set to begin at 12:01 a.m. EST Tuesday. Investors moved into safe-haven assets as Treasury yields fell and stocks slid. Markets are watching for any last-minute tariff changes and upcoming U.S. economic data, including consumer confidence and jobs figures.
February 23, 2026
Rocket Lab stock slips as RKLB nears Feb. 26 earnings and Pentagon hypersonic test
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Rocket Lab stock slips as RKLB nears Feb. 26 earnings and Pentagon hypersonic test

Rocket Lab shares fell 0.9% to $70.25 in late trading Monday ahead of its Feb. 26 earnings report. The company is also expected to support a Pentagon-linked hypersonic test flight using its HASTE launcher before the end of February. About 8.2 million shares traded as the S&P 500 dropped 1%. Investors are watching for updates on revenue, launches, and the Neutron rocket.
February 23, 2026
GE Vernova stock holds near $831 after hours as Amazon’s $12 billion data-center plan keeps power-demand trade in focus
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GE Vernova stock holds near $831 after hours as Amazon’s $12 billion data-center plan keeps power-demand trade in focus

GE Vernova shares rose 0.1% to $831.30 in after-hours trading Monday after a volatile session. The company reported a $150 billion backlog and increased gas-power equipment orders, but warned Vineyard Wind delays could cut 2026 wind revenue by $250 million. The board declared a $0.50 quarterly dividend. Next earnings webcast is set for April 22.
February 23, 2026
IREN stock pops nearly 6% as MSCI index add nears and Cantor filing draws eyes

IREN stock pops nearly 6% as MSCI index add nears and Cantor filing draws eyes

IREN shares climbed nearly 6% to $42.28 in Monday afternoon trading, outperforming other U.S.-listed crypto miners despite a bitcoin decline. The company will join the MSCI USA Index after markets close Feb. 27. Cantor Fitzgerald disclosed a 3.47 million-share stake and put options tied to 5.03 million shares as of Dec. 31. IREN reported a net loss of $155.4 million last quarter as it shifted focus from bitcoin mining to AI cloud services.
February 23, 2026
Lithium Prices Face a China Reopen Test as Albemarle Stock Jumps Nearly 4%
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Lithium Prices Face a China Reopen Test as Albemarle Stock Jumps Nearly 4%

Albemarle shares rose 3.9% to $174.93 Monday, outpacing peers as lithium prices rebounded after China’s Spring Festival lull. Shanghai Metals Market reported battery-grade lithium carbonate futures in China briefly topped 150,000 yuan per ton, with February output expected to fall 15% from January due to plant maintenance. Albemarle recently idled its last Kemerton plant unit in Australia, citing weak economics.
February 23, 2026
Gasoline prices tick up as Iran talks near; here’s what traders watch next
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Gasoline prices tick up as Iran talks near; here’s what traders watch next

U.S. RBOB gasoline futures rose 0.3% to $2.2495 a gallon Monday, while AAA reported the national average retail price at $2.938. Gasoline inventories fell by 3.2 million barrels last week but remain 3% above the five-year average, according to the EIA. Brent crude slipped to $71.39 a barrel. Traders await Wednesday’s EIA inventory report and Thursday’s U.S.-Iran talks in Geneva.
February 23, 2026
Oil prices slip, but Brent stays near $72 as Iran talks and Trump tariffs keep traders on edge

Oil prices slip, but Brent stays near $72 as Iran talks and Trump tariffs keep traders on edge

Oil prices slipped Monday but stayed near six-month highs, with Brent at $71.39 and WTI at $66.21 as traders watched U.S.-Iran nuclear talks and U.S. tariff changes. The Supreme Court voided most 2025 tariffs, prompting U.S. Customs to halt collections starting Tuesday. Iran signaled willingness to negotiate on its nuclear program for sanctions relief. Goldman Sachs raised its late-2026 oil price forecasts, citing lower inventories.
February 23, 2026
Brent crude price slips near $71 as Iran talks and Trump tariffs keep traders on edge
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Brent crude price slips near $71 as Iran talks and Trump tariffs keep traders on edge

Brent crude fell 37 cents to $71.39 a barrel Monday after hitting a six-month high, while U.S. WTI dropped 27 cents to $66.21. Traders are watching Thursday’s U.S.-Iran nuclear talks and a U.S. Supreme Court ruling that struck down parts of Trump-era tariffs. A winter storm in the U.S. Northeast pushed diesel crack spreads up 5%. Europe’s oil and gas sector index hit a record high as Brent briefly touched $72.44.
February 23, 2026
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