Stock Market 16 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
Why Hiscox shares are up: HSX rebounds with insurers as rate-cut bets return
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Why Hiscox shares are up: HSX rebounds with insurers as rate-cut bets return

Hiscox Ltd shares rose 0.6% to 1,448 pence by 1508 GMT Monday, tracking gains in European insurers as financial stocks rebounded. The FTSE 100 insurer traded between 1,439 and 1,455 pence, with a market value near £4.7 billion. Investors await Hiscox’s 2025 results on Feb. 25 and key UK inflation data this week. The stock remains about 7% below its Feb. 4 year high.
February 16, 2026
TP ICAP share price today: TCAP stock edges up as UK rate-cut bets sharpen
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TP ICAP share price today: TCAP stock edges up as UK rate-cut bets sharpen

TP ICAP shares rose 0.4% to 256 pence in London by early afternoon, tracking gains in UK financial stocks after last week’s AI-driven selloff. Investors await UK inflation data on Feb. 18 and TP ICAP’s full-year results on March 12. The company updated its EU MTF rate card, effective Feb. 16. Rate-cut expectations remain in focus ahead of the Bank of England’s March meeting.
February 16, 2026
Costain share price today: COST.L nudges higher as investors wait on buyback, results date
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Costain share price today: COST.L nudges higher as investors wait on buyback, results date

Costain shares rose 0.4% to 187.8p in London on Monday as investors await full-year results on March 10 and details on a possible £20 million share buyback. The company recently won a £100 million M5 contract and reported net cash ahead of expectations, but flagged risks from project timing. An investor Q&A is set for March 11. Costain stock is up over 80% in the past year.
February 16, 2026
Smith & Nephew share price today: SN.L slips as investors eye March 2 results
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Smith & Nephew share price today: SN.L slips as investors eye March 2 results

Smith & Nephew shares slipped 0.15% to 1,323 pence by midday in London, underperforming a stronger FTSE 100. Trading volumes were muted, with about 139,000 shares changing hands versus 2.14 million on Friday. Investors await the company’s full-year results on March 2. Broader UK stocks edged higher as markets braced for key inflation and retail sales data this week.
February 16, 2026
DCC share price slips today as UK inflation looms and investors wait for the next update
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DCC share price slips today as UK inflation looms and investors wait for the next update

DCC shares fell 1% to 5,225 pence in London on Monday, underperforming a 0.4% rise in the FTSE 100. The decline comes as investors await key UK labour and inflation data this week, with no new company news from DCC. The Office for National Statistics will release inflation figures on Feb. 18. DCC’s next scheduled update is its full-year results on May 19.
February 16, 2026
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