Stock Market 20 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
Microsoft (MSFT) stock slips despite director’s $2 million buy as AI spending stays under the microscope

Microsoft (MSFT) stock slips despite director’s $2 million buy as AI spending stays under the microscope

Microsoft shares fell 0.3% to $397.23 Friday, trailing a broader Wall Street rally as investors weighed the company’s AI spending and governance signals. Director John W. Stanton bought 5,000 shares for about $2 million, according to an SEC filing. Microsoft pledged $50 billion in AI investment for developing countries and said it will match all electricity use with renewable energy. The company denied its tech is used for mass surveillance by U.S. immigration authorities.
February 20, 2026
ASX 200 today: Australian shares end week near records as banks cushion Rio Tinto hit

ASX 200 today: Australian shares end week near records as banks cushion Rio Tinto hit

Australia’s S&P/ASX 200 slipped 4.8 points to 9,081.4 on Friday but gained 1.8% for the week after hitting a record high. Bank stocks rose on strong earnings, offsetting losses in miners after Rio Tinto’s annual results missed estimates. Investors are watching for upcoming results from Woodside, Woolworths, Coles, and Qantas. The Australian dollar held near $0.7056.
February 20, 2026
Lam Research stock jumps on BofA top-pick call; Nvidia earnings are the next catalyst

Lam Research stock jumps on BofA top-pick call; Nvidia earnings are the next catalyst

Lam Research shares climbed 2.4% to $243.19 Friday after BofA Securities reiterated a Buy rating and forecast $135 billion in 2026 wafer fabrication equipment spending. Nvidia, Applied Materials, and KLA also rose ahead of Nvidia’s earnings report next week, which analysts expect to show a 71% profit jump. Investors remain cautious about high valuations in AI-linked stocks.
February 20, 2026
Nebius Group N.V. (NBIS) stock slides below $100 as options buzz meets capex nerves

Nebius Group N.V. (NBIS) stock slides below $100 as options buzz meets capex nerves

Nebius Group (NBIS) shares fell 8% to $99.12 Friday, reversing earlier gains after hitting $108.30 in morning trade. The drop followed a two-day rally sparked by bullish analyst coverage and heavy options activity. Investors are watching funding and execution risks tied to Nebius’ $16–20 billion 2026 capital plan. Trading volume topped 12.8 million shares, with implied volatility near 94%.
February 20, 2026
Bank of America stock today: BAC ticks up as $25 billion private-credit push lands on a nervous market

Bank of America stock today: BAC ticks up as $25 billion private-credit push lands on a nervous market

Bank of America shares rose 0.4% to $52.96 Friday after Reuters reported the bank is setting aside $25 billion for private-credit deals. Investors are monitoring liquidity strains in private credit and awaiting the next Federal Reserve meeting and earnings reports. Blue Owl shares fell 4% after it sold $1.4 billion in loans and restricted redemptions.
February 20, 2026
FTSE 100 today: UK shares end at record close on upbeat data, tariff ruling

FTSE 100 today: UK shares end at record close on upbeat data, tariff ruling

The FTSE 100 closed up 59.85 points at 10,686.89 on Friday, topping its previous record, after strong UK retail sales and a U.S. Supreme Court ruling that ended Trump-era tariffs. January retail sales volumes jumped 1.8% from December, the biggest monthly rise since May 2024. The pound hovered near a one-month low, while UK business activity edged higher but private-sector jobs fell for a 17th month.
February 20, 2026
India stock market today: Nifty, Sensex rebound despite oil jitters; Feb 27 GDP reset in focus

India stock market today: Nifty, Sensex rebound despite oil jitters; Feb 27 GDP reset in focus

Indian shares closed higher Friday, with the Nifty 50 up 0.46% and the Sensex gaining 0.38%, after late profit-taking trimmed earlier gains. The rupee fell to 90.9825 per U.S. dollar, its steepest weekly drop in over a month. Novartis India surged nearly 20% after Novartis agreed to sell its majority stake for $159 million. India VIX rose to 14.36, near an eight-month high, as volatility persisted.
February 20, 2026
Dow Jones slips as tariff-ruling rally fades; inflation data keeps Wall Street cautious

Dow Jones slips as tariff-ruling rally fades; inflation data keeps Wall Street cautious

The Dow fell 141 points by midday Friday, erasing early gains after the U.S. Supreme Court struck down Trump’s global tariffs. The court ruled 6-3 that Trump exceeded his authority, but left refund questions unresolved. Slower GDP growth and higher core inflation weighed on rate-cut hopes. Treasury yields stayed firm amid uncertainty over potential tariff refunds.
February 20, 2026
Eli Lilly stock slips in New York: why Barclays’ $1,350 call isn’t lifting LLY yet

Eli Lilly stock slips in New York: why Barclays’ $1,350 call isn’t lifting LLY yet

Eli Lilly shares dropped 1.6% to $1,006.78 Friday morning, underperforming the S&P 500 ETF’s 0.6% gain. Barclays began coverage with an Overweight rating and a $1,350 target, citing strong prospects for GLP-1 weight-loss drugs. Novo Nordisk’s U.S. shares fell 1.9%. Lilly reported new data showing long-term remission with Omvoh in Crohn’s disease and announced a $100 million deal with CSL for clazakizumab rights.
February 20, 2026
Akamai (AKAM) stock drops as memory costs bite guidance; Wall Street watches capex, pricing

Akamai (AKAM) stock drops as memory costs bite guidance; Wall Street watches capex, pricing

Akamai shares dropped 9.3% to $99.38 Friday after the company warned of higher memory costs and issued a weaker-than-expected first-quarter profit outlook. CEO Tom Leighton said memory prices have “probably doubled” due to AI infrastructure demand. Fourth-quarter revenue rose 7% to $1.095 billion, with security revenue up 11%. Akamai forecast 2026 capital spending at 23% to 26% of revenue.
February 20, 2026
JPMorgan Chase stock price today: JPM edges up as ECB fine, Trump case and insider sale hit the tape

JPMorgan Chase stock price today: JPM edges up as ECB fine, Trump case and insider sale hit the tape

JPMorgan Chase shares rose 0.2% to $308.60 Friday as the S&P 500 and Nasdaq climbed after the U.S. Supreme Court struck down Trump’s global tariffs. The European Central Bank fined JPMorgan’s European arm €12.18 million for misreporting capital requirements. JPMorgan and CEO Jamie Dimon challenged Trump’s $5 billion lawsuit over closed accounts. Co-CEO Troy Rohrbaugh sold 50,000 shares on Feb. 19.
February 20, 2026
Oracle (ORCL) stock slides as OpenAI’s $100 billion fundraise and Nvidia earnings loom

Oracle (ORCL) stock slides as OpenAI’s $100 billion fundraise and Nvidia earnings loom

Oracle shares dropped 2.7% to $152.25 Friday morning, trailing a broader market rally after the U.S. Supreme Court struck down Trump-era tariffs. Nvidia is nearing a $30 billion investment in OpenAI as part of a funding round topping $100 billion, a source said. Investors are watching for Nvidia’s results next week for signals on AI spending and data-center expansion.
February 20, 2026
Micron Technology stock (MU) rises as AI infrastructure trade keeps memory chips in play ahead of March earnings

Micron Technology stock (MU) rises as AI infrastructure trade keeps memory chips in play ahead of March earnings

Micron shares rose 2.7% to $428.49 Friday morning, lifted by tight supply and rising prices for high-end AI memory chips. Needham raised its price target to $450, citing strong demand and fully allocated HBM capacity for 2026. Samsung reportedly plans to hike HBM4 chip prices by up to 30%. Investors await Micron’s March 19 earnings for updates on pricing and supply.
February 20, 2026
Oceaneering stock drops 4% as 2026 cash-flow outlook cools the earnings pop

Oceaneering stock drops 4% as 2026 cash-flow outlook cools the earnings pop

Oceaneering International shares dropped about 4% to $34.74 Friday after the company forecast 2026 free cash flow of $100 million to $120 million, down from $191 million in the fourth quarter. Fourth-quarter revenue fell 6% to $669 million, missing estimates, while adjusted earnings beat forecasts at 45 cents per share. Management warned of a slower first quarter as energy activity remains weak.
February 20, 2026
First Majestic Silver stock jumps nearly 10% after record Q4 results, new 2026 output target

First Majestic Silver stock jumps nearly 10% after record Q4 results, new 2026 output target

First Majestic Silver shares rose 9.6% to $24.78 after the miner posted record quarterly revenue of $463.9 million and net earnings of $105.2 million. The company set 2026 production targets of 13–14 million ounces of silver and 110,000–130,000 ounces of gold. A quarterly dividend of $0.0083 per share will be paid March 16 to holders as of Feb. 27. Spot silver climbed 3.1% to $80.76 an ounce.
February 20, 2026
Americold Realty Trust stock slips in premarket after 16% earnings surge as 2026 outlook lands

Americold Realty Trust stock slips in premarket after 16% earnings surge as 2026 outlook lands

Americold shares fell 1.7% to $13.65 in premarket trading Friday after surging nearly 16% Thursday. The company forecast 2026 AFFO of $1.20 to $1.30 per share, citing industry headwinds. Fourth-quarter results showed $658.5 million in revenue, a net loss of $88.3 million, and economic occupancy dropping to 76.1%. Net debt stood at about $4.2 billion, with leverage at 6.8 times EBITDA.
February 20, 2026
Stock market today: Dow, S&P 500 futures slide after GDP slows and PCE inflation runs hot

Stock market today: Dow, S&P 500 futures slide after GDP slows and PCE inflation runs hot

U.S. GDP grew at a 1.4% annual rate in Q4 2025, sharply down from 4.4% the previous quarter, after a government shutdown cut output. S&P 500, Nasdaq 100, and Dow futures all fell before the opening bell. December core PCE inflation rose 0.4% on the month and 3.0% year-over-year, above forecasts. Blue Owl shares dropped 5.9% after its new capital-return plan.
February 20, 2026
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