News 23 February 2026

Frontdoor stock steadies in premarket after 17% pop on 2026 outlook, margin target
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Frontdoor stock steadies in premarket after 17% pop on 2026 outlook, margin target

Frontdoor shares slipped 0.1% to $65.71 in premarket trading Friday after surging 16.8% Thursday on new 2026 forecasts. The company reported 2025 revenue of $2.093 billion and net income of $255 million. Frontdoor expects member count to turn positive in 2026 and raised its margin target. Oppenheimer lifted its price target to $70, citing renewals and cost control.
February 27, 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
Arista Networks stock drops as tariff jitters hit tech; what ANET investors watch next
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Arista Networks stock drops as tariff jitters hit tech; what ANET investors watch next

Arista Networks shares fell 3.1% to $128.62 Monday as U.S. tech stocks dropped after President Trump announced new global tariffs. Cisco and Hewlett Packard Enterprise also declined, while Nvidia edged higher. Investors are watching for Nvidia’s earnings and Arista’s investor events later this week. Bridgewater projects Big Tech will spend $650 billion on AI infrastructure in 2026, up from $410 billion in 2025.
February 23, 2026
Nvidia stock bucks tariff-hit tech slide as $650 billion AI spending forecast raises the stakes
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Nvidia stock bucks tariff-hit tech slide as $650 billion AI spending forecast raises the stakes

Nvidia shares rose 0.2% to $190.28 on Monday, bucking declines in other U.S. AI megacaps amid renewed tariff uncertainty. Microsoft, Amazon, and Meta dropped between 2.1% and 2.9% in midday trading. Bridgewater estimates Alphabet, Amazon, Meta, and Microsoft will spend about $650 billion on AI infrastructure in 2026, up from $410 billion in 2025. Traders await Nvidia’s results for signs of AI demand and spending shifts.
February 23, 2026
Silver price today: near $87 as Trump tariff reset drives a fresh rush into havens

Silver price today: near $87 as Trump tariff reset drives a fresh rush into havens

Spot silver rose 2.8% to $86.93 an ounce by late morning Monday, hitting a two-week high as tariff news spurred haven buying. Shares of the iShares Silver Trust ETF also gained 2.8%. The Dow fell 1.44% and 10-year Treasury yields dropped to 4.056%. Silver remains volatile, down 37% since late January’s record, with investors watching for U.S. labor data and Fed signals.
February 23, 2026
Lam Research stock slides as tariff fog hits tech — what LRCX investors are watching next
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Lam Research stock slides as tariff fog hits tech — what LRCX investors are watching next

Lam Research shares dropped 2.5% to $238.83 in midday trading Monday, outpacing declines in other chip stocks as renewed U.S. tariff uncertainty hit tech names. The move followed President Trump’s announcement of a new 15% duty after a Supreme Court ruling. Investors are watching Nvidia’s earnings this week for signals on AI-driven chip demand. Lam’s outlook remains sensitive to shifts in trade policy and customer spending plans.
February 23, 2026
Dow Jones Industrial Average drops 750 points on Trump tariff twist — what Wall Street watches next
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Dow Jones Industrial Average drops 750 points on Trump tariff twist — what Wall Street watches next

The Dow Jones Industrial Average fell 771.73 points, or 1.56%, to 48,854.24 by midday Monday after President Trump imposed a 15% blanket tariff on U.S. imports. American Express and Salesforce shares led the decline, together accounting for about 222 points of the drop. Investors await Nvidia earnings Wednesday and U.S. consumer confidence data Tuesday.
February 23, 2026
India stock market today: Sensex rises 480 points, Nifty tops 25,700 on tariff relief; IDFC First Bank dives
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India stock market today: Sensex rises 480 points, Nifty tops 25,700 on tariff relief; IDFC First Bank dives

Mumbai’s Nifty 50 rose 0.55% and Sensex gained 0.58% Monday, led by financials and state-run banks after a U.S. Supreme Court ruling struck down Trump-era tariffs. IT stocks fell as Jefferies downgraded sector leaders over AI risks. IDFC First Bank plunged 16% after disclosing a suspected 5.9 billion-rupee fraud. The rupee closed at 90.8825 per dollar, up 0.1%.
February 23, 2026
DoorDash stock drops more than 5% as AI ‘agent’ memo rattles delivery apps
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DoorDash stock drops more than 5% as AI ‘agent’ memo rattles delivery apps

DoorDash shares fell 5.4% to $166.79 Monday after a research note warned AI agents could erode its fee advantage, calling the company “the poster child” for disruption. Uber dropped 3.7%, Instacart-parent Maplebear 1.4%. DoorDash also suspended service in parts of Connecticut due to a nor’easter. The decline followed a recent upbeat forecast and ongoing investor debate over platform loyalty and logistics.
February 23, 2026
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