News 17 February 2026

Sandisk stock slides as AI jitters hit chip names again — what’s next for SNDK
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Sandisk stock slides as AI jitters hit chip names again — what’s next for SNDK

Sandisk shares fell 3.5% to $604.75 Tuesday, hitting a low of $593.82 as memory stocks slid after the holiday. The drop followed broader market losses tied to AI disruption concerns and caution ahead of Federal Reserve minutes. Western Digital, Micron, and Seagate also declined. Sandisk, spun off from Western Digital last year, has surged recently on strong earnings and AI-driven demand.
February 17, 2026
Procore stock (PCOR) slips after ICONIQ stake filing as traders weigh what comes next
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Procore stock (PCOR) slips after ICONIQ stake filing as traders weigh what comes next

Procore shares fell about 1% to $51.84 after a new SEC filing showed ICONIQ principals William J.G. Griffith, Divesh Makan, and Matthew Jacobson held stakes of 11.8%, 11.6%, and 6.0% respectively as of Dec. 31, 2025. The company also announced new product features rolling out from Feb. 17, including updates to Procore Analytics and Procore Pay.
February 17, 2026
Solaris Energy Infrastructure stock slides premarket as traders eye AI data-center power deal and Feb. 24 earnings
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Solaris Energy Infrastructure stock slides premarket as traders eye AI data-center power deal and Feb. 24 earnings

Solaris Energy Infrastructure shares fell 2.1% to $55.45 in premarket trading Tuesday after disclosing a 500-MW AI data-center equipment deal last week. The agreement, set to begin in 2027, allows the customer to terminate with 30 days’ notice. Solaris reports earnings after the close Feb. 24, with a call scheduled for Feb. 25. U.S. markets reopened following the Washington’s Birthday holiday.
February 17, 2026
Twenty One Capital (XXI) stock eyes a choppy open as bitcoin slides and traders weigh share supply
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Twenty One Capital (XXI) stock eyes a choppy open as bitcoin slides and traders weigh share supply

Twenty One Capital shares rose about 1% in premarket trading Tuesday, trading near $6.46 after closing at $6.40 before the holiday. Bitcoin slipped below $68,000, down roughly 1.4%, as U.S. equity futures pointed lower. The SEC last week cleared a registration for up to $464 million in convertible notes and 33.45 million shares for resale. Traders await key U.S. economic data later this week.
February 17, 2026
Neptune Insurance Holdings (NP) stock heads into earnings after sharp swings and a BMO upgrade
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Neptune Insurance Holdings (NP) stock heads into earnings after sharp swings and a BMO upgrade

Neptune Insurance Holdings shares closed at $18.89 on Feb. 13, up 10.2% after sharp declines earlier in the week. BMO upgraded the stock to Outperform but cut its price target to $20, citing valuation and AI use. The company will report fourth-quarter results after markets close Feb. 18. Investors are watching for updates on policy growth, pricing, and claims costs.
February 17, 2026
Fermi (FRMI) stock slips in premarket as March 6 lawsuit deadline nears
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Fermi (FRMI) stock slips in premarket as March 6 lawsuit deadline nears

Fermi Inc shares fell about 2% to $10.08 in premarket trading Tuesday as investor alerts highlighted a March 6 deadline for lead-plaintiff motions in a securities class action. The lawsuit alleges misstatements about tenant demand and funding at the company’s Texas site. Shares have remained volatile since a December drop tied to a terminated $150 million tenant deal. Traders await updates on court proceedings and financing.
February 17, 2026
EMAT stock jumps in premarket as Evolution Metals’ big buildout plan comes into focus
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EMAT stock jumps in premarket as Evolution Metals’ big buildout plan comes into focus

Evolution Metals & Technologies (NASDAQ: EMAT) rose 7.5% to $10.64 in premarket trading Tuesday, following a 30% surge before the U.S. market holiday. The company recently unveiled a $2.5 billion U.S. campus plan, drawing investor focus to funding and timelines ahead of a Feb. 19 management webinar. EMAT began trading on Nasdaq in January after a merger.
February 17, 2026
Tri Pointe Homes stock holds near $47 buyout price as traders eye approvals and Feb. 25 results
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Tri Pointe Homes stock holds near $47 buyout price as traders eye approvals and Feb. 25 results

Tri Pointe Homes shares traded at $46.37 in premarket Tuesday, just below Sumitomo Forestry’s $47-per-share cash offer. The deal awaits regulatory review and a shareholder vote, with closing expected in Q2 2026. Tri Pointe would owe an $82.3 million termination fee if the agreement breaks. Investors are also watching for Tri Pointe’s Feb. 25 earnings report.
February 17, 2026
KVUE stock edges up in premarket as Kenvue earnings and Kimberly-Clark deal math take over
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KVUE stock edges up in premarket as Kenvue earnings and Kimberly-Clark deal math take over

Kenvue shares rose 0.3% to $18.75 in premarket trading ahead of fourth-quarter results due after the bell. The company will not hold a conference call as it awaits a $19.50-per-share takeover by Kimberly-Clark, leaving a 4% spread for merger-arbitrage traders. Kenvue’s CFO plans to step down in May. The board declared a $0.2075 dividend payable Feb. 25.
February 17, 2026
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