Stock Market 17 February 2026

Merck (MRK) stock price jumps after Keytruda survival data; Gardasil layoffs in focus next week
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Merck (MRK) stock price jumps after Keytruda survival data; Gardasil layoffs in focus next week

Merck shares closed up 3.8% Friday after reporting Keytruda cut the risk of death by 18% in a late-stage ovarian cancer trial. The company will lay off about 150 workers at a North Carolina Gardasil plant amid weak vaccine demand in China. Investors await management remarks at a March 3 health-care conference. Keytruda accounts for nearly half of Merck’s revenue, with major patents expiring from 2028.
February 28, 2026
Alphabet stock price slips in premarket as AI spending doubts shadow GOOGL ahead of U.S. open
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Alphabet stock price slips in premarket as AI spending doubts shadow GOOGL ahead of U.S. open

Alphabet shares fell 0.6% to $303.82 in premarket trading Tuesday, extending a slide that has erased nearly $88 billion from its market value since January. Investors remain wary of heavy AI infrastructure spending, with 2026 capital expenditures projected at up to $185 billion. The S&P 500 e-minis dropped 0.5% as traders awaited Fed minutes and Alphabet CFO remarks on March 3. Markets reopened after the Presidents Day holiday.
February 17, 2026
Microsoft stock price today: MSFT holds near $401 in premarket as AI spending fears keep grip on Big Tech
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Microsoft stock price today: MSFT holds near $401 in premarket as AI spending fears keep grip on Big Tech

Microsoft shares slipped 0.1% to $401.32 in premarket trading Tuesday, near their lowest level this year. The stock has lost about 17% in 2026, erasing $613 billion in market value, as investors weigh AI spending and competition from Google and Anthropic. Microsoft’s ex-dividend date is Feb. 19, with a $0.91 payout set for March 12. Traders await Fed minutes Wednesday and PCE inflation data Friday.
February 17, 2026
Amazon stock price today: AMZN slips premarket as AI spending doubts hang over Big Tech
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Amazon stock price today: AMZN slips premarket as AI spending doubts hang over Big Tech

Amazon shares slipped 0.4% to $198.79 in premarket trading Tuesday, near recent lows after a 13.85% drop this year erased $343 billion in value. The decline comes as investors question heavy AI spending, with Amazon planning a $200 billion capital outlay. AWS launched new EC2 M8azn instances and expanded Bedrock’s open weights models on Monday. Traders await Nvidia’s earnings next week for signals on AI demand.
February 17, 2026
SMX stock price in focus as reverse split takes effect Tuesday after steep selloff
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SMX stock price in focus as reverse split takes effect Tuesday after steep selloff

SMX will begin trading on a split-adjusted basis Tuesday after a 1-for-4.88 reverse stock split, reducing shares outstanding to about 2 million. The stock closed at $11.00 Friday, down 21.6% after another sharp drop Thursday. A new shareholder rights plan with a 10% trigger and March 2 record date is also in effect. SMX expanded its standby equity purchase agreement to $250 million, with $8.9 million already drawn.
February 17, 2026
Tesla stock treads water in premarket as Fed minutes loom after U.S. holiday
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Tesla stock treads water in premarket as Fed minutes loom after U.S. holiday

Tesla shares traded flat in premarket Tuesday at $417 after a three-day U.S. market closure. Investors are awaiting Federal Reserve minutes and new economic data for signals on interest rates. Tesla’s capital spending plans and self-driving rollout remain key points for traders. China-made Model 3 and Model Y deliveries rose 9.3% in January from a year earlier.
February 17, 2026
Sandisk stock slips in premarket — what traders are watching after the holiday
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Sandisk stock slips in premarket — what traders are watching after the holiday

Sandisk shares fell about 0.5% in premarket trading Tuesday, tracking declines across chip stocks after the U.S. market reopened from Presidents Day. Investors await Wednesday’s Federal Reserve minutes and key inflation data later in the week. Sandisk last reported earnings on Jan. 29, posting $3.03 billion in revenue and a third-quarter forecast of up to $4.8 billion.
February 17, 2026
AMD stock nudges higher premarket on “Helios” AI push in India with Tata Consultancy Services
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AMD stock nudges higher premarket on “Helios” AI push in India with Tata Consultancy Services

AMD shares rose 0.7% to $207.32 in premarket trading after announcing a plan with Tata Consultancy Services for up to 200 megawatts of AI-ready data center capacity in India. The blueprint features AMD’s Instinct MI455X GPUs and EPYC “Venice” CPUs. U.S. markets reopened after the holiday; Nvidia slipped 2.2% premarket, Intel gained 0.6%. Retail sales and Fed minutes are expected this week.
February 17, 2026
Nvidia stock price today: NVDA slips in premarket as AI spending doubts linger ahead of earnings
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Nvidia stock price today: NVDA slips in premarket as AI spending doubts linger ahead of earnings

Nvidia shares dropped 2.2% to $182.81 in premarket trading Tuesday after the U.S. holiday break. Investors are pulling back from megacap tech stocks on concerns that AI spending may not deliver quick returns. Nvidia reports quarterly results and holds a conference call on Feb. 25. The company’s market value has fallen nearly $90 billion this year.
February 17, 2026
Accenture stock price: what to watch for ACN as Wall Street reopens after Presidents Day
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Accenture stock price: what to watch for ACN as Wall Street reopens after Presidents Day

Accenture shares last closed at $224.23, up 0.9%, ahead of a U.S. market pause for Presidents Day. Investors are watching for signs that AI spending will keep supporting tech valuations, with Accenture’s next earnings call set for March 19. The company reported strong AI demand in December but noted uneven public sector business. About 7.6 million shares traded Friday, with a range between $220.63 and $227.08.
February 17, 2026
Bank of America stock price holds near $52 as BAC heads into Tuesday reopen with Fed minutes, inflation data ahead
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Bank of America stock price holds near $52 as BAC heads into Tuesday reopen with Fed minutes, inflation data ahead

Bank of America closed at $52.55, down one cent, in Friday’s session before U.S. markets paused for Presidents Day. Trading resumes Tuesday, with investors awaiting Fed minutes Wednesday and GDP and inflation data Friday. Market watchers expect these releases to influence rate-cut bets and bank share moves. U.S. stock and bond markets were shut Monday.
February 17, 2026
T-Mobile stock (TMUS) at $219: buybacks, euro notes and dividend date in focus
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T-Mobile stock (TMUS) at $219: buybacks, euro notes and dividend date in focus

T-Mobile US shares closed at $219.50, up 2.3%, ahead of the Presidents Day market holiday. The company projects 2026 service revenue of $77 billion and plans to double Q1 share repurchases to $5 billion. T-Mobile will stop reporting postpaid phone subscriber additions, shifting focus to account growth and ARPA. It agreed to sell €2.5 billion in senior notes, with proceeds possibly used for buybacks or dividends.
February 17, 2026
Qualcomm stock price: QCOM heads into Tuesday reopen with memory crunch in focus
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Qualcomm stock price: QCOM heads into Tuesday reopen with memory crunch in focus

QUALCOMM shares closed up 1.6% at $140.70 on Friday ahead of the U.S. market closure for Washington’s Birthday. The stock faces its next test Tuesday as traders watch for memory-chip supply updates and upcoming Fed minutes. Qualcomm continues to warn on memory shortages, forecasting Q2 revenue below analyst estimates. Mobile World Congress in Barcelona opens March 2.
February 17, 2026
Nebius (NBIS) stock heads into Tuesday test after 9% jump and holiday pause
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Nebius (NBIS) stock heads into Tuesday test after 9% jump and holiday pause

Nebius shares closed at $98.01 Friday, up 9.23%, after reporting Q4 revenue of $227.7 million, missing estimates, and a net loss of $249.6 million. Capital expenditures jumped to $2.1 billion from $416 million a year earlier. The company ended 2025 with $3.7 billion in cash and posted its first quarter of positive operating cash flow. U.S. markets were closed Monday for Presidents Day.
February 17, 2026
AbbVie stock: ABBV heads into Tuesday restart after $231.50 close as Botox pricing fight lingers
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AbbVie stock: ABBV heads into Tuesday restart after $231.50 close as Botox pricing fight lingers

AbbVie shares closed Friday at $231.50, up 1.76%, before U.S. markets paused for Presidents Day. Investors await Tuesday’s reopening, with focus on AbbVie’s court fight to keep Botox out of Medicare price negotiations and a raised dividend. Trading volume outpaced recent averages Friday. The company faces ongoing pressure from biosimilar competition and weaker-than-expected Rinvoq sales.
February 17, 2026
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