Browse Category
Stock Market 17 February 2026
Pfizer shares fell 2.7% to $25.21 as the company announced CFO Dave Denton will step down in August, with Cecile Guegan taking over as interim CFO. Rocket Lab shares ended the week up 4.7% at $107.24, ahead of its inclusion in the Nasdaq-100 on Monday, after volatile trading among space stocks. Volkswagen preferred shares dropped 4.24% to €80.53 as the stock went ex-dividend, with shareholders approving dividends and CEO Oliver Blume describing the coming years as critical. ASML shares slipped 0.6% to €1,666.00 after the company clarified it did not ship EUV machines or parts to China, responding to U.S. concerns and impacting its AI-driven stock rally. SoFi gained 2.81% to $17.91, up 8% for the week. Grab rose 3.48% to $3.57, outperforming the Nasdaq Composite’s 1.9% gain. Marvell surged 7.27% to $310.58 after a photonics milestone and an analyst target hike, with S&P 500 inclusion set for Monday. Infosys dropped 7%, leading declines in Indian IT as Accenture trimmed its revenue outlook and analysts cited weak client spending. Flex gained 3.13% to $147.61 and will join the S&P 500 on June 22. Nokia fell 9.1% for the week amid focus on AI optical networks and patent licensing. American Airlines rose 3.7% to $15.99, up 6.7% for the week as lower oil prices eased cost concerns. Take-Two jumped 4.93% to $239.28 after announcing GTA VI preorders, up nearly 13% for the week. TechnipFMC saw mixed investor moves as filings showed some firms cutting positions and others adding, with focus on management updates and Q2 results. Novo Nordisk climbed 5% to 294.4 DKK, boosting the OMX Copenhagen 25, as healthcare stocks outperformed. Intel rose 10.64% to $133.99 after news of a partnership with Apple on U.S. chip design and manufacturing. Nvidia gained 2.95%, with semiconductor momentum lifting the Nasdaq. Butterfly Network soared 55.9% for the week to $8.90. QuantumScape rose 16.52% to $8.04 after announcing a joint research deal with Honda R&D. U.S. markets were closed Friday for Juneteenth, with futures showing modest gains.