Stock Market 23 February 2026

Sandisk Stock Pulls Back After Nasdaq-100 Boost as Evercore Sees $1,200 on AI Storage Demand
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Sandisk Stock Pulls Back After Nasdaq-100 Boost as Evercore Sees $1,200 on AI Storage Demand

Sandisk shares fell 2.2% to $932.01 Tuesday after a record 11.8% jump Monday, ahead of its addition to the Nasdaq-100 on April 20. Evercore ISI set a $1,200 price target, citing AI-driven NAND demand, while Citi raised its target to $980. Sandisk and China’s YMTC each held 11.8% of the global NAND market last year. The company reports fiscal Q3 results on April 30.
April 14, 2026
Arista Networks stock drops as tariff jitters hit tech; what ANET investors watch next
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Arista Networks stock drops as tariff jitters hit tech; what ANET investors watch next

Arista Networks shares fell 3.1% to $128.62 Monday as U.S. tech stocks dropped after President Trump announced new global tariffs. Cisco and Hewlett Packard Enterprise also declined, while Nvidia edged higher. Investors are watching for Nvidia’s earnings and Arista’s investor events later this week. Bridgewater projects Big Tech will spend $650 billion on AI infrastructure in 2026, up from $410 billion in 2025.
February 23, 2026
Lam Research stock slides as tariff fog hits tech — what LRCX investors are watching next
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Lam Research stock slides as tariff fog hits tech — what LRCX investors are watching next

Lam Research shares dropped 2.5% to $238.83 in midday trading Monday, outpacing declines in other chip stocks as renewed U.S. tariff uncertainty hit tech names. The move followed President Trump’s announcement of a new 15% duty after a Supreme Court ruling. Investors are watching Nvidia’s earnings this week for signals on AI-driven chip demand. Lam’s outlook remains sensitive to shifts in trade policy and customer spending plans.
February 23, 2026
Dow Jones Industrial Average drops 750 points on Trump tariff twist — what Wall Street watches next
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Dow Jones Industrial Average drops 750 points on Trump tariff twist — what Wall Street watches next

The Dow Jones Industrial Average fell 771.73 points, or 1.56%, to 48,854.24 by midday Monday after President Trump imposed a 15% blanket tariff on U.S. imports. American Express and Salesforce shares led the decline, together accounting for about 222 points of the drop. Investors await Nvidia earnings Wednesday and U.S. consumer confidence data Tuesday.
February 23, 2026
India stock market today: Sensex rises 480 points, Nifty tops 25,700 on tariff relief; IDFC First Bank dives
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India stock market today: Sensex rises 480 points, Nifty tops 25,700 on tariff relief; IDFC First Bank dives

Mumbai’s Nifty 50 rose 0.55% and Sensex gained 0.58% Monday, led by financials and state-run banks after a U.S. Supreme Court ruling struck down Trump-era tariffs. IT stocks fell as Jefferies downgraded sector leaders over AI risks. IDFC First Bank plunged 16% after disclosing a suspected 5.9 billion-rupee fraud. The rupee closed at 90.8825 per dollar, up 0.1%.
February 23, 2026
DoorDash stock drops more than 5% as AI ‘agent’ memo rattles delivery apps
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DoorDash stock drops more than 5% as AI ‘agent’ memo rattles delivery apps

DoorDash shares fell 5.4% to $166.79 Monday after a research note warned AI agents could erode its fee advantage, calling the company “the poster child” for disruption. Uber dropped 3.7%, Instacart-parent Maplebear 1.4%. DoorDash also suspended service in parts of Connecticut due to a nor’easter. The decline followed a recent upbeat forecast and ongoing investor debate over platform loyalty and logistics.
February 23, 2026
AMD stock price slips below $200 as tariff jitters hit tech; Nvidia results loom
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AMD stock price slips below $200 as tariff jitters hit tech; Nvidia results loom

AMD shares fell 1.4% to $197.29 in late morning Nasdaq trading Monday as tech stocks declined after President Trump announced a new 15% tariff. About 8.3 million AMD shares traded between $194.42 and $199.34. Investors are watching Nvidia’s upcoming results for signals on AI chip demand. AMD recently detailed its “Helios” rack-scale AI system and a partnership with Tata Consultancy Services in India.
February 23, 2026
Eli Lilly stock jumps as Novo’s obesity-drug trial stumbles — what traders watch next
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Eli Lilly stock jumps as Novo’s obesity-drug trial stumbles — what traders watch next

Eli Lilly shares jumped 4% to $1,049.85 Monday after Novo Nordisk reported its obesity drug CagriSema trailed Lilly’s Zepbound in a head-to-head trial. Novo said CagriSema cut body weight by 23% over 84 weeks, compared to 25.5% for Zepbound. The FDA also cleared a new four-dose Zepbound pen for self-pay patients. Broader U.S. markets fell amid tariff concerns.
February 23, 2026
Broadcom stock price ticks up as tariff jitters return and chip investors brace for earnings week
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Broadcom stock price ticks up as tariff jitters return and chip investors brace for earnings week

Broadcom shares rose 0.4% to $333.83 in Monday morning trading, with volume at 4.2 million shares. The move followed President Trump’s announcement of a new 15% global tariff, which sent U.S. stocks lower. Broadcom last week launched its BroadPeak chip for 5G/6G gear, claiming up to 40% power savings. The company reports fiscal Q1 results on March 4.
February 23, 2026
Palantir stock drops nearly 4% in early trade as tariff shock hits tech — what to watch next for PLTR
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Palantir stock drops nearly 4% in early trade as tariff shock hits tech — what to watch next for PLTR

Palantir shares dropped 4% to $129.84 in Monday morning trading, tracking declines in other AI-linked software stocks. The slide followed President Trump’s announcement of a new 15% global tariff set to begin Tuesday. Investors are watching for late-week earnings from Nvidia, Snowflake, and Salesforce to gauge the outlook for AI spending.
February 23, 2026
Comfort Systems USA stock today: FIX slips as record backlog keeps traders focused on 2026 demand
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Comfort Systems USA stock today: FIX slips as record backlog keeps traders focused on 2026 demand

Comfort Systems USA shares fell 1.8% to $1,435.55 in early New York trading Monday after reporting a near $12 billion backlog and strong fourth-quarter results. Investors are watching for management’s 2026 growth forecast and dividend plans amid concerns over labor constraints and project execution. One customer accounts for 12.8% of 2025 revenue. Backlog faces risk of cancellations and rising labor costs.
February 23, 2026
Nvidia stock rises despite tariff jitters as traders brace for Feb. 25 earnings
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Nvidia stock rises despite tariff jitters as traders brace for Feb. 25 earnings

Nvidia shares rose 1.4% to $192.46 Monday ahead of its quarterly results due Wednesday after market close. The move came as investors weighed President Donald Trump’s new 15% tariff and watched for signs of AI demand and supply constraints. Options markets priced in a roughly 7% swing on earnings. Advanced Micro Devices fell 1%, while Broadcom gained 1%.
February 23, 2026
Coherent stock ticks higher in early trade as investors look to March OFC briefing
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Coherent stock ticks higher in early trade as investors look to March OFC briefing

Coherent shares rose 0.7% to $249.80 Monday morning, bucking declines in other optical-networking stocks like Lumentum and Ciena. The stock traded between $242.71 and $251.27. Traders are watching for updates at Coherent’s March 17 technology briefing during the OFC conference in Los Angeles. The company last cited strong datacenter demand and higher capital spending in its December-quarter update.
February 23, 2026
XP stock drops in early trade as tariff uncertainty dents risk appetite
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XP stock drops in early trade as tariff uncertainty dents risk appetite

XP Inc shares fell 2.4% to $22.40 in early U.S. trading Monday, reversing gains from last week. The drop followed renewed uncertainty over U.S. tariffs after a Supreme Court ruling and new 15% levy announced by President Trump. Other Brazil-linked financial stocks, including Nu Holdings and StoneCo, also declined. Investors monitored ongoing governance changes at XP flagged in recent SEC filings.
February 23, 2026
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