Stock Market 14 February 2026 - 15 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
South32 share price slides into the weekend as buyback runs to 2027 and Macquarie drops off the big-holder list

South32 share price slides into the weekend as buyback runs to 2027 and Macquarie drops off the big-holder list

South32 shares closed down 2.2% at A$4.42 Friday after extending its on-market buyback to February 2027 and raising its capital management plan by US$100 million. Macquarie Group disclosed it is no longer a substantial holder. The company confirmed Mozal Aluminium will shift to care and maintenance in March 2026. The S&P/ASX 200 fell 1.33% on the day.
February 15, 2026
Telstra share price steadies at A$4.94 as ASX:TLS heads into Feb 19 results week

Telstra share price steadies at A$4.94 as ASX:TLS heads into Feb 19 results week

Telstra Group Ltd closed up 1.23% at A$4.94 on Friday, with 18.96 million shares traded. The stock will trade ex-dividend on Feb. 25, with results due Feb. 19 and payment set for March 27. The S&P/ASX 200 fell 1.39% to 8,917.6, led lower by technology and health care. Investors await Telstra’s half-year update for guidance on margins, costs, and capital spending.
February 15, 2026
Xero (ASX:XRO) share price fell 4.5% Friday — what investors watch next week

Xero (ASX:XRO) share price fell 4.5% Friday — what investors watch next week

Xero Ltd shares fell 4.45% to A$73.49 Friday as Australian tech stocks slumped, with the S&P/ASX 200 down 1.39% and the IT sector off about 5%. WiseTech Global dropped 10.4% and TechnologyOne lost 7.1%. Analysts cited fears over AI’s impact on software margins and broad selling pressure. Jefferies maintained a “hold” on Xero, warning of near-term earnings risk from its Melio acquisition.
February 15, 2026
Fortescue share price in focus as FMG ends lower, iron ore slips under $100 ahead of results

Fortescue share price in focus as FMG ends lower, iron ore slips under $100 ahead of results

Fortescue Ltd shares fell 1.9% to A$21.21 Friday, extending a two-day slide as iron ore futures dropped ahead of China’s Lunar New Year break. The miner’s half-year results are due Feb. 25, with investors watching costs and payouts as ore prices soften. Fortescue added two battery-electric locomotives to its Pilbara rail fleet. Second-quarter iron ore shipments rose 2% to 50.5 million metric tons.
February 15, 2026
NAB share price: what to watch after Friday’s slip into a data-heavy week

NAB share price: what to watch after Friday’s slip into a data-heavy week

National Australia Bank shares fell 1.14% to A$46.01 Friday, closing 2.62% below their Feb. 12 high. The S&P/ASX 200 index dropped 1.39% to 8,917.60, with nine of 11 major sectors lower. NAB’s first-quarter update is set for Feb. 18, as investors watch for margin pressure and asset quality. The Reserve Bank of Australia minutes and key economic data are due next week.
February 15, 2026
Northern Star (NST.AX) share price slips into the weekend — what matters before Monday’s ASX open

Northern Star (NST.AX) share price slips into the weekend — what matters before Monday’s ASX open

Northern Star Resources closed at A$28.37 on Friday, down 3.47%, with turnover near 6.7 million shares after a volatile week for gold stocks. The miner set an interim dividend of A$0.25 per share, ex-dividend March 4, payment March 26. Gold rose over 2% Friday on softer U.S. inflation data, but the ASX gold sector fell 1.39%. Northern Star’s next update is due April 22.
February 15, 2026
Seagate stock pauses near highs as note exchange nears — what to watch before Tuesday (STX)

Seagate stock pauses near highs as note exchange nears — what to watch before Tuesday (STX)

Seagate shares fell 1.2% to $425.99 Friday, ending a two-day rally ahead of the Presidents Day market closure. The company expects to settle a $600 million cash-and-stock exchange of senior notes by Feb. 17, reducing the outstanding principal to about $400 million. Investors await management commentary at upcoming industry conferences starting Feb. 25.
February 14, 2026
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