Stock Market 17 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
UK stock market today: FTSE 100 closes higher as rate-cut bets build after UK jobs data
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UK stock market today: FTSE 100 closes higher as rate-cut bets build after UK jobs data

London’s FTSE 100 closed up 0.71% at 10,548.38 on Tuesday as investors bet on a March Bank of England rate cut after UK unemployment rose to 5.2% and wage growth slowed. Sterling fell 0.71% against the dollar. Copper dropped 3.92%, gold lost 2.81%. InterContinental Hotels Group announced a $950 million buyback and a 10% dividend hike despite weaker U.S. results.
February 17, 2026
Visa stock price rises as Wall Street upgrade meets fresh Olympics data and UK rival plans
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Visa stock price rises as Wall Street upgrade meets fresh Olympics data and UK rival plans

Visa shares rose 1.3% to $318.02 Tuesday after Freedom Capital upgraded the stock to “Buy” and raised its price target to $375. The company reported a 60% jump in overseas cardholder visits and a 40% rise in contactless transactions during the Milano Cortina 2026 Olympics opening weekend. UK banks plan talks on a national payments alternative to Visa and Mastercard this week.
February 17, 2026
Broadcom (AVGO) stock wobbles as VMware lawsuit updates and Fed minutes loom
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Broadcom (AVGO) stock wobbles as VMware lawsuit updates and Fed minutes loom

Broadcom shares recovered from an early 2.6% drop, trading down 0.1% at $325.00, as chip stocks fell and investors tracked new UK court filings over VMware licensing. The iShares Semiconductor ETF slid 1.5%, Nvidia dropped 1.2%, and AMD lost over 4%. Broadcom will report fiscal first-quarter results on March 4. Traders also watched bond yields ahead of the Fed’s January meeting minutes.
February 17, 2026
Amazon stock slips again as AI spending anxiety lingers; Nvidia’s Feb. 25 report looms
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Amazon stock slips again as AI spending anxiety lingers; Nvidia’s Feb. 25 report looms

Amazon shares fell 0.9% to $196.98 Tuesday morning amid concerns over its $200 billion AI infrastructure spending plan for 2026. Investors questioned whether heavy capex would deliver returns, especially after Amazon forecast first-quarter operating income below Wall Street estimates. The S&P 500 and Nasdaq also opened lower as traders tracked U.S.-Iran nuclear talks.
February 17, 2026
Procore stock (PCOR) slips after ICONIQ stake filing as traders weigh what comes next
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Procore stock (PCOR) slips after ICONIQ stake filing as traders weigh what comes next

Procore shares fell about 1% to $51.84 after a new SEC filing showed ICONIQ principals William J.G. Griffith, Divesh Makan, and Matthew Jacobson held stakes of 11.8%, 11.6%, and 6.0% respectively as of Dec. 31, 2025. The company also announced new product features rolling out from Feb. 17, including updates to Procore Analytics and Procore Pay.
February 17, 2026
Twenty One Capital (XXI) stock eyes a choppy open as bitcoin slides and traders weigh share supply
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Twenty One Capital (XXI) stock eyes a choppy open as bitcoin slides and traders weigh share supply

Twenty One Capital shares rose about 1% in premarket trading Tuesday, trading near $6.46 after closing at $6.40 before the holiday. Bitcoin slipped below $68,000, down roughly 1.4%, as U.S. equity futures pointed lower. The SEC last week cleared a registration for up to $464 million in convertible notes and 33.45 million shares for resale. Traders await key U.S. economic data later this week.
February 17, 2026
Fermi (FRMI) stock slips in premarket as March 6 lawsuit deadline nears
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Fermi (FRMI) stock slips in premarket as March 6 lawsuit deadline nears

Fermi Inc shares fell about 2% to $10.08 in premarket trading Tuesday as investor alerts highlighted a March 6 deadline for lead-plaintiff motions in a securities class action. The lawsuit alleges misstatements about tenant demand and funding at the company’s Texas site. Shares have remained volatile since a December drop tied to a terminated $150 million tenant deal. Traders await updates on court proceedings and financing.
February 17, 2026
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