Stock Market 22 February 2026

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

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
AbbVie stock (ABBV): FDA clears new Venclexta-Calquence CLL combo — what to watch Monday

AbbVie stock (ABBV): FDA clears new Venclexta-Calquence CLL combo — what to watch Monday

U.S. regulators approved a new first-line regimen for chronic lymphocytic leukemia combining AbbVie’s Venclexta and AstraZeneca’s Calquence, citing improved progression-free survival in the AMPLIFY study. AbbVie shares closed Friday up 0.21% at $224.81. Barclays initiated coverage with an overweight rating and a $275 price target. Investors await market reaction when trading resumes Monday.
February 22, 2026
Adobe (ADBE) stock price hovers near $259 with markets shut — what investors watch next week

Adobe (ADBE) stock price hovers near $259 with markets shut — what investors watch next week

Adobe shares closed down 0.23% at $258.61 Friday, falling about 2% for the week and 26% year-to-date. The broader U.S. market rose after the Supreme Court struck down Trump’s global tariffs, though Trump announced a new 10% tariff for 150 days. Investors remain cautious on software stocks ahead of earnings from Workday, Salesforce, and Nvidia next week. Adobe’s next earnings report is expected around March 12.
February 22, 2026
Carvana stock price steadies near $337 after earnings jolt — what to watch before Monday

Carvana stock price steadies near $337 after earnings jolt — what to watch before Monday

Carvana shares closed at $336.62 Friday, up 1.2% after a volatile week marked by cost concerns and missed profit estimates. The stock dropped 8% Thursday as higher reconditioning and depreciation costs prompted several brokerages to cut price targets. Carvana reported 2025 retail unit sales up 43% and revenue up 49% to $20.3 billion. Investors await U.S. producer price data on Feb. 27 for signals on rates and auto lending.
February 22, 2026
Cisco (CSCO) stock holds near $79 ahead of Monday as AI software plans and a TCS tie-up surface

Cisco (CSCO) stock holds near $79 ahead of Monday as AI software plans and a TCS tie-up surface

Cisco shares closed Friday up 0.8% at $79.20 after trading as high as $79.33. A filing showed executive Thimaya K. Subaiya sold 10,233 shares on Feb. 19 under a preset plan. Cisco and Tata Consultancy Services launched a Center of Excellence in Hyderabad focused on autonomous enterprise operations. CEO Chuck Robbins recently raised the company’s 2026 revenue forecast to $61.2–$61.7 billion.
February 22, 2026
Amazon stock jumps on tariff court win — but a fresh levy keeps AMZN traders wary into Monday

Amazon stock jumps on tariff court win — but a fresh levy keeps AMZN traders wary into Monday

Amazon shares rose 2.6% to $210.11 after the Supreme Court struck down Trump-era global tariffs, but Trump quickly imposed new 15% import duties. The tariff ruling lifted other consumer stocks, though analysts warned policy uncertainty remains. Meanwhile, a key inflation gauge rose 0.4% in December, clouding prospects for Fed rate cuts before June.
February 22, 2026
Philippine stock market week ahead: PSEi at 6,465 as rate-cut fallout and big-name briefings loom

Philippine stock market week ahead: PSEi at 6,465 as rate-cut fallout and big-name briefings loom

The Philippine Stock Exchange index closed at 6,465.12 on Friday, up 0.9% after the central bank cut its key rate by 25 basis points to 4.25%. Turnover reached 5.58 billion pesos, with 107 stocks advancing and 93 declining. Financials and mining shares led gains. Analysts’ briefings from major firms and dividend ex-dates are scheduled this week.
February 22, 2026
Dubai Financial Market week ahead: Iran tension and Emirates NBD dividend date loom after DFM slip

Dubai Financial Market week ahead: Iran tension and Emirates NBD dividend date loom after DFM slip

Dubai’s DFM General Index closed Friday down 0.26% at 6,590.53 points, with banks leading losses amid U.S.-Iran tensions and softer oil. Dubai Islamic Bank dropped 2.2%, Emirates NBD fell 0.7%. Oil eased 0.4% to $71.38 a barrel. Emirates NBD’s ex-dividend date is Feb. 26, while investors await global inflation data next week.
February 22, 2026
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