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Stock Market 17 February 2026

U.S. stock markets were closed on Friday for Juneteenth, making Thursday the last trading day of the week. AT&T shares fell 1.9% to $22.01, marking a decline every session of the shortened week. Starbucks’ India joint venture plans to open 50 to 100 stores annually as part of its international growth strategy, with the CEO aiming to double non-U.S. presence. The Nasdaq rose 1.9% on Thursday, led by gains in chip stocks and optimism over signs of an interim U.S.-Iran deal. Air Canada shares rose 4.6% to C$24.20, just below a 52-week high, while AMC gained 6.4% to $2.83, up 21% from last Friday. Kioxia surged 12.07% in Tokyo, contributing to a strong week for Japan’s Nikkei index. Pfizer dropped 2.7% to $25.21 as CFO Dave Denton announced his departure, with Cecile Guegan stepping in as interim CFO. Rocket Lab ended at $107.24, up 4.7% for the week ahead of its Nasdaq-100 inclusion. Volkswagen shares fell 4.24% to €80.53 after going ex-dividend, with shareholders approving dividends and the CEO calling the coming years critical. ASML slipped 0.6% to €1,666.00 after stating it did not ship EUV machines or parts to China, responding to U.S. concerns. SoFi gained 2.81% to $17.91, up 8% for the week. Grab rose 3.48% to $3.57, outperforming the broader U.S. tech rebound. Marvell climbed 7.27% to $310.58 after a target hike and a photonics milestone, set to join the S&P 500. Infosys dropped 7% as Accenture cut its revenue outlook, with analysts citing weak client spending. Flex rose 3.13% to $147.61 and will join the S&P 500. Nokia fell 9.1% for the week amid focus on AI optical networks and licensing. T&T opened its first California store in San Jose and plans a larger Newark location. 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 institutional activity as investors await management updates and Q2 results.
Electro Optic Systems (ASX:EOS) share price jumps 14% as Singapore laser push and Thursday results come into view

Electro Optic Systems (ASX:EOS) share price jumps 14% as Singapore laser push and Thursday results come into view

Electro Optic Systems shares jumped 13.7% to A$7.16 at Tuesday’s close after announcing the opening of a high-energy laser hub in Singapore. The company tied the new facility to contracts in Korea and the Netherlands. Audited results are due around Feb. 19, with traders cautious after a short-seller attack earlier this month. The stock remains down about a third for 2026.
Evolution Mining share price drops as gold cools — what investors watch next on ASX

Evolution Mining share price drops as gold cools — what investors watch next on ASX

Evolution Mining closed down 1.8% at A$14.91 in Sydney on Tuesday, extending a slide from last week’s record. Gold prices fell again, weighing on the sector and pushing the S&P/ASX All Ordinaries Gold Index down 1.2%. Trading volume for Evolution was around 4 million shares. Investors now await the company’s dividend timetable and next update.
Northern Star share price slips as gold cools; Jefferies lifts target on ASX:NST

Northern Star share price slips as gold cools; Jefferies lifts target on ASX:NST

Northern Star Resources shares closed down 0.8% at A$28.23 Tuesday as gold prices slipped and the dollar strengthened. Jefferies raised its price target to A$35, maintaining a Buy rating. The S&P/ASX All Ords Gold Index fell about 1.2% midday, with sector peers also lower. Investors await U.S. Fed minutes Wednesday and Northern Star’s ex-dividend date on March 4.
Woodside Energy share price barely moves after reserves update as ASX:WDS eyes Feb 24 results

Woodside Energy share price barely moves after reserves update as ASX:WDS eyes Feb 24 results

Woodside Energy closed down 0.04% at A$25.83 after reporting year-end 2025 proved reserves fell to 1,882.1 million barrels of oil equivalent from 1,975.7 million a year earlier. Proved plus probable reserves also declined, while 3.04 million shares traded. The S&P/ASX 200 rose 0.24%. Woodside’s full-year results are due Feb. 24.

Stock Market Today

  • Intel Stock Faces Potential 23% Drop Despite 2026 Gains
    June 19, 2026, 10:40 AM EDT. Intel shares have surged over 263% in 2026, fueled by a new Apple manufacturing deal and strong Q1 results. However, 24/7 Wall St. sets a 12-month price target at $102.57, implying a 23.45% decline from the current $133.99 price, reflecting concerns about high valuation and ongoing free cash flow deficits. The model rates INTC as a sell with 90% confidence. Intel's turnaround hinges on successful execution of its foundry strategy, including partnerships with Apple, Google, and NVIDIA, plus $8.9 billion in CHIPS Act funding. A bullish scenario could push shares above $150 if forward EPS surpasses $1.20. Risks remain from a forward P/E of 133x and potential continued losses. Investors should watch cash flow trends and customer commitments closely.

Latest articles

Transocean slips ahead of Juneteenth holiday; contract wins don’t lift RIG

Transocean slips ahead of Juneteenth holiday; contract wins don’t lift RIG

19 June 2026
Transocean shares plunged 12% this week to $5.31 despite announcing $185 million in new contracts, as investors weighed oil price swings, debt and deal risks, and uncertainty over the pending $5.8 billion Valaris acquisition, with the stock underperforming a rising market and trading heavily on Thursday.
AT&T stock enters Juneteenth break under pressure as California fight widens

AT&T stock enters Juneteenth break under pressure as California fight widens

19 June 2026
AT&T stock slid 5.5% this week to $22.01, closing Thursday at a June low as California regulators moved to block its plan to end copper-wire phone service, raising risks to cost savings and future cash flow just before the Juneteenth market break; investors now await Monday’s trading and the July 22 earnings call.
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