News 11 February 2026 - 12 February 2026

Technology News 12.02.2026
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Technology News 12.02.2026

ENDEDLive coverage has endedEnded: February 13, 2026, 12:06 AM EST SpaceX and xAI merge; Moon base, space datacenters and IPO plan February 12, 2026, 11:58 PM EST. SpaceX and xAI announced a merger forming a new company that will pursue an IPO, according to Musk Industries. The plan includes space-based datacenters and a Moon base rather than Mars. SpaceX's revenue is said to come largely from Starlink, a satellite broadband service with a growing subscriber base. The firm is said to achieve cost advantages in launching payloads via Starship, enabling rapid scale of space logistics and telecom capacity. Analysts note
February 12, 2026
McDonald’s Q4 2025 earnings beat as value meals pull customers back and same-store sales jump
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McDonald’s Q4 2025 earnings beat as value meals pull customers back and same-store sales jump

McDonald’s global comparable sales rose 5.7% in Q4, beating analyst estimates, as revenue jumped 10% to $7.01 billion and adjusted earnings reached $3.12 per share. The company raised its quarterly dividend 5% and reported U.S. sales rebounded sharply after a previous dip. CEO Chris Kempczinski credited value meal deals for gains among lower-income households. Executives warned of a slower start to 2026 due to January weather.
February 12, 2026
AMP shares crater nearly 28% after FY25 results as CEO Alexis George heads for exit
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AMP shares crater nearly 28% after FY25 results as CEO Alexis George heads for exit

AMP shares plunged 27.7% to A$1.26 after full-year results showed statutory NPAT down 11.3% to A$133 million, despite underlying NPAT rising 20.8% to A$285 million. Assets under management climbed 9% to A$161.7 billion. CEO Alexis George will retire March 30, with CFO Blair Vernon set to succeed her. Hub24 and Netwealth also fell 5.3% and 4.5%, respectively.
February 12, 2026
HubSpot stock drops after earnings: why HUBS is sliding even after upbeat 2026 targets
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HubSpot stock drops after earnings: why HUBS is sliding even after upbeat 2026 targets

HubSpot shares fell 9.8% to $209.33 in after-hours trading Wednesday after the company posted higher profit, raised its outlook, and announced a $1 billion share buyback. Fourth-quarter revenue rose 20% to $846.7 million, with billings up 27%. The 2026 revenue forecast of $3.69–$3.70 billion topped estimates. Investors focused on future billings and margins despite the upbeat results.
February 12, 2026
Leidos stock plunges 11%: LDOS heads into earnings week under pressure
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Leidos stock plunges 11%: LDOS heads into earnings week under pressure

Leidos Holdings fell 11% to $173 on Wednesday, then held steady after hours ahead of its Feb. 17 earnings report. The drop comes as investors await updates on the planned $2.4 billion ENTRUST acquisition and recent federal contract wins, including a $142 million Defense Information Systems Agency award. Trading volume reached about 1.5 million shares. Wall Street expects quarterly earnings of $2.57 per share on $4.25 billion in revenue.
February 12, 2026
BorgWarner stock jumps 22% after earnings beat and AI data-center power deal
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BorgWarner stock jumps 22% after earnings beat and AI data-center power deal

BorgWarner shares jumped 22.5% to $66.10 in after-hours trading Wednesday after quarterly profit beat estimates and the company announced a new supply deal for AI data center power equipment. Fourth-quarter net sales rose 3.9% to $3.57 billion, with adjusted earnings at $1.35 a share. The 2026 sales outlook of $14.0–$14.3 billion missed analyst forecasts. Peer Aptiv fell 1.6%; Lear was little changed.
February 12, 2026
UiPath stock price tumbles nearly 10%: what to know about PATH before the March 11 earnings report
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UiPath stock price tumbles nearly 10%: what to know about PATH before the March 11 earnings report

UiPath shares fell 9.7% to $11.69 Wednesday on heavy volume, then edged up 0.2% after hours. The company will report fourth-quarter and full-year results after markets close March 11, with investors focused on guidance and details of its WorkFusion acquisition. Short interest stands at 15.6% of the float. The stock’s drop came as broader U.S. indexes finished nearly flat.
February 12, 2026
Classover stock jumps after $2 million buyback plan; what traders watch next for Nasdaq’s KIDZ
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Classover stock jumps after $2 million buyback plan; what traders watch next for Nasdaq’s KIDZ

Classover shares jumped 23% in after-hours trading after the board approved a $2 million Class B stock buyback program. The company said repurchases are optional and may be paused or stopped at any time. Shares last traded at $0.186 with volume over 495 million. Repurchases will use existing or future cash, and bought-back shares may be held as treasury stock or cancelled.
February 12, 2026
Centrus Energy stock sinks 21% after-hours as Fluor contract filing, 2026 spending plan hit investors
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Centrus Energy stock sinks 21% after-hours as Fluor contract filing, 2026 spending plan hit investors

Centrus Energy shares fell 21% after hours Wednesday, closing at $210.16, following new guidance and details on a major uranium enrichment expansion. The company signed an EPC agreement with Fluor for work at its Piketon, Ohio facility, with costs tied to scope and a $24 million early termination fee. Centrus forecast 2026 revenue of $425–$475 million and reported a $3.8 billion backlog. Fluor shares slipped 1.6%.
February 12, 2026
Cisco raises 2026 forecast on AI networking demand — but CSCO slips after hours
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Cisco raises 2026 forecast on AI networking demand — but CSCO slips after hours

Cisco raised its fiscal 2026 revenue forecast to $61.2–$61.7 billion, citing $2.1 billion in AI infrastructure orders from hyperscalers and an 18% rise in product orders. Shares fell 5.5% after hours despite beating earnings estimates with $1.04 per share on $15.35 billion in second-quarter revenue. Networking revenue jumped 21%, while security fell 4%. Cisco lifted its dividend 2% to 42 cents.
February 12, 2026
Unity stock price tumbles 26% after outlook miss; AI fears, Vector growth back in focus
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Unity stock price tumbles 26% after outlook miss; AI fears, Vector growth back in focus

Unity Software shares fell 26% to $21.41 in after-hours trading after forecasting first-quarter revenue below Wall Street estimates. The company reported fourth-quarter revenue of $503 million, up 10%, and adjusted earnings of $0.24 per share. About 105 million shares traded hands. Unity also announced board changes, naming Bernard Kim as an independent director and noting two departures.
February 12, 2026
AppLovin stock whipsaws again as UBS trims target, short seller retreats, and earnings land
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AppLovin stock whipsaws again as UBS trims target, short seller retreats, and earnings land

AppLovin forecast first-quarter revenue of $1.745 billion to $1.775 billion after fourth-quarter revenue rose 66% to $1.658 billion. Shares fell about 6% after UBS cut its price target. CapitalWatch retracted parts of its earlier allegations against a shareholder. Jefferies reiterated a buy rating and $860 target, calling the stock drop a buying opportunity.
February 12, 2026
Lloyds branch closures surge: 95 more UK bank branches to shut — is your Halifax or Bank of Scotland branch on the list?
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Lloyds branch closures surge: 95 more UK bank branches to shut — is your Halifax or Bank of Scotland branch on the list?

Lloyds Banking Group will close 95 branches across Britain between May 2026 and March 2027, including 53 Lloyds Bank, 31 Halifax, and 11 Bank of Scotland sites. The closures bring the total planned for 2026 and 2027 to at least 168. Lloyds cited increased digital banking demand. Some affected towns will receive new banking hubs to maintain cash access.
February 12, 2026
Emerson Electric stock drops 4% after wild swing; investors eye CEO conference talks next week
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Emerson Electric stock drops 4% after wild swing; investors eye CEO conference talks next week

Emerson Electric shares dropped 4.3% to $154.67 in after-hours Wednesday, reversing a three-day rally on heavy volume. The move followed the launch of a new emissions-monitoring gas analyzer and announcements of two upcoming investor conference appearances. Senior Vice President Nicholas Piazza sold 6,703 shares on Feb. 9 at about $159 each, according to a regulatory filing.
February 11, 2026
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