News 12 February 2026

Microsoft stock rebounds as Japan antitrust raid targets Azure; Nvidia earnings in focus

Microsoft stock rebounds as Japan antitrust raid targets Azure; Nvidia earnings in focus

Microsoft shares rose 2.5% to $398.72 Wednesday morning after Japan’s Fair Trade Commission raided Microsoft Japan’s offices over alleged anticompetitive Azure cloud practices. The stock traded between $390.21 and $399.11. Microsoft said it is cooperating with the investigation. Investors weighed the probe against ongoing heavy AI infrastructure spending.
February 25, 2026
Citigroup stock tumbles as banks slide ahead of CPI, rate-cap noise returns

Citigroup stock tumbles as banks slide ahead of CPI, rate-cap noise returns

Citigroup shares dropped 4.2% to $112.45 in Thursday afternoon trading, extending losses as U.S. bank stocks slid ahead of Friday’s CPI data. Incoming CFO Gonzalo Luchetti warned a proposed credit-card rate cap could cut credit access for lower-income borrowers. JPMorgan, Bank of America, and Wells Fargo also fell. Investors cited rate expectations and political scrutiny of card pricing.
February 12, 2026
Thermo Fisher stock slides 4%: Datavant data pact and $3.8B notes put TMO in focus

Thermo Fisher stock slides 4%: Datavant data pact and $3.8B notes put TMO in focus

Thermo Fisher shares fell 4.3% to $504.53 Thursday afternoon, extending a recent slide. The company expects to settle a $3.8 billion debt offering on Feb. 12 to help fund its pending Clario acquisition. Thermo Fisher also announced a data collaboration with Datavant. An executive vice president sold 400 shares under a pre-set plan, according to an SEC filing.
February 12, 2026
Chevron stock slips as oil drops; Venezuela block report and Libya entry come into focus

Chevron stock slips as oil drops; Venezuela block report and Libya entry come into focus

Chevron shares fell 1.4% to $183.25 as oil prices dropped sharply after the IEA flagged weaker demand and rising supply. Exxon Mobil and BP U.S. shares also declined, tracking crude. Chevron was named winning bidder for Libya’s Sirte S4 exploration license, pending a production-sharing agreement. Venezuela may grant Chevron and Repsol new oil blocks this week, according to Bloomberg sources.
February 12, 2026
AbbVie stock jumps as Botox Medicare lawsuit puts Washington back in focus

AbbVie stock jumps as Botox Medicare lawsuit puts Washington back in focus

AbbVie shares rose nearly 3% after the company sued U.S. health agencies to block Medicare price controls for Botox. The lawsuit argues Botox should be exempt from the Inflation Reduction Act’s negotiation program as a plasma-derived product. Investors are watching for early court developments and the Medicare timeline for 2028 prices. The case was assigned to U.S. District Judge Carl Nichols.
February 12, 2026
CoreWeave stock price flips higher after a 5% dip as AI nerves hit tech

CoreWeave stock price flips higher after a 5% dip as AI nerves hit tech

CoreWeave shares rose 0.2% to $95.36 after swinging between $90.38 and $97.67, with 15.3 million shares traded. SEC filings showed insider selling, including a proposed 50,000-share sale under Rule 144 and trades by Chief Development Officer Brannin McBee under a 10b5-1 plan. Broader tech stocks fell. Investors await Friday’s U.S. inflation data and CoreWeave’s earnings on Feb. 26.
February 12, 2026
Ford forecasts 2026 profit rebound after tariff surprise and EV write-downs

Ford forecasts 2026 profit rebound after tariff surprise and EV write-downs

Ford projected 2026 adjusted EBIT of $8 billion to $10 billion after posting a $8.2 billion net loss in 2025, citing electric-vehicle charges and higher costs. The company expects $5 billion to $6 billion in adjusted free cash flow and $9.5 billion to $10.5 billion in capital spending this year. Ford’s EV unit lost $4.8 billion in 2025. Shares rose about 1% to $13.98 in afternoon trading.
February 12, 2026
Coinbase stock slides 8% as Wall Street cuts targets ahead of earnings after the bell

Coinbase stock slides 8% as Wall Street cuts targets ahead of earnings after the bell

Coinbase shares fell 8% to $140.95 Thursday afternoon ahead of its fourth-quarter results, due after the market close. Analysts cited weak crypto prices and trading volumes, with Monness, Crespi, Hardt downgrading the stock to “tactical sell.” Bitcoin dropped 2.2% to $65,644. Investors await updates on trading fees and stablecoin-driven revenue.
February 12, 2026
GE Vernova stock slips as GEV cools off near a fresh high on AI power trade jitters

GE Vernova stock slips as GEV cools off near a fresh high on AI power trade jitters

GE Vernova shares slipped 0.6% to $819.07 Thursday, pulling back after hitting a 52-week high the previous day. The company recently raised its 2026 revenue outlook to up to $45 billion and completed a $5.3 billion buyout of transformer-maker Prolec GE. Orders last quarter jumped 65% to $22.2 billion. Broader markets fell, with the Nasdaq down 1.6% in afternoon trading.
February 12, 2026
Carvana stock (CVNA) falls again after court order as earnings loom

Carvana stock (CVNA) falls again after court order as earnings loom

Carvana shares dropped 4.9% to $346.36 Thursday, extending losses after a U.S. court ordered the company to produce withheld email attachments in ongoing securities litigation. The order, signed Feb. 10, compels disclosure of communications tied to DriveTime. Investors remain cautious ahead of Carvana’s Feb. 18 earnings report. Executive Thomas Taira sold 1,047 shares on Feb. 9, SEC filings show.
February 12, 2026
Spotify stock slips 7% as post-earnings rally fades and analysts trim targets

Spotify stock slips 7% as post-earnings rally fades and analysts trim targets

Spotify shares fell 7.3% to $451.47 on Thursday, reversing gains from an earlier earnings rally. The stock swung between $438.07 and $489.10 as investors weighed AI spending and streaming economics. Spotify reported 751 million monthly active users and 290 million premium subscribers for the December quarter. Markets await further strategy details at Spotify’s May 21 Investor Day.
February 12, 2026
Heating Oil Price Slides Nearly 3% as IEA Demand Cut Hits Crude, Distillates in Focus

Heating Oil Price Slides Nearly 3% as IEA Demand Cut Hits Crude, Distillates in Focus

U.S. heating oil futures dropped 2.7% Thursday, with the front-month contract down 6.56 cents at $2.3748 a gallon by midday. Distillate fuel oil stocks fell 2.7 million barrels to 124.7 million last week, including a 2.1 million-barrel drop on the East Coast. Crude and product prices tracked a broader oil selloff after the IEA cut its 2026 demand outlook.
February 12, 2026
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