News 17 February 2026

Applied Materials stock price today: AMAT slips as chip stocks cool, March updates ahead
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Applied Materials stock price today: AMAT slips as chip stocks cool, March updates ahead

Applied Materials shares fell 0.8% to $352.23 Tuesday morning as chip stocks declined after the holiday. The company last week forecast Q2 revenue near $7.65 billion and settled U.S. export control allegations for $252 million. Applied’s quarterly dividend of $0.46 per share goes ex-dividend Feb. 19. Executives are scheduled to speak at investor conferences in March.
February 17, 2026
Broadcom (AVGO) stock wobbles as VMware lawsuit updates and Fed minutes loom
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Broadcom (AVGO) stock wobbles as VMware lawsuit updates and Fed minutes loom

Broadcom shares recovered from an early 2.6% drop, trading down 0.1% at $325.00, as chip stocks fell and investors tracked new UK court filings over VMware licensing. The iShares Semiconductor ETF slid 1.5%, Nvidia dropped 1.2%, and AMD lost over 4%. Broadcom will report fiscal first-quarter results on March 4. Traders also watched bond yields ahead of the Fed’s January meeting minutes.
February 17, 2026
Why Alphabet’s GOOG stock is sliding today as AI spending doubts bite again
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Why Alphabet’s GOOG stock is sliding today as AI spending doubts bite again

Alphabet’s non-voting GOOG shares fell 2.5% to $298.46 in early New York trading, underperforming a weaker U.S. market as investors sold off megacap tech stocks. The Invesco QQQ ETF dropped 1.2% and the SPDR S&P 500 ETF slid 0.7%. Traders are watching for signals from Wednesday’s Fed minutes and Nvidia’s results next week amid concerns over heavy AI spending and earnings growth.
February 17, 2026
Amazon stock slips again as AI spending anxiety lingers; Nvidia’s Feb. 25 report looms
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Amazon stock slips again as AI spending anxiety lingers; Nvidia’s Feb. 25 report looms

Amazon shares fell 0.9% to $196.98 Tuesday morning amid concerns over its $200 billion AI infrastructure spending plan for 2026. Investors questioned whether heavy capex would deliver returns, especially after Amazon forecast first-quarter operating income below Wall Street estimates. The S&P 500 and Nasdaq also opened lower as traders tracked U.S.-Iran nuclear talks.
February 17, 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
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