Today: 16 July 2026
Browse Category

Stock Market 16 February 2026

JPMorgan stock: cash-sweep lawsuit and holiday pause set up Tuesday’s trade

JPMorgan stock: cash-sweep lawsuit and holiday pause set up Tuesday’s trade

JPMorgan Chase & Co shares are set for Tuesday’s open after a Manhattan judge cleared the way for customers to press on with breach-of-contract claims tied to the bank’s cash sweep programs, which shift idle brokerage and retirement balances into interest-bearing accounts. Plaintiffs argue those sweeps paid just 0.01% to 0.03% in interest, even as short-term rates shot past 5%. JPMorgan pushed back, calling the lawsuit an attempt by customers to “seeking a windfall.” Other banks including Wells Fargo and U.S. Bancorp have faced similar sweep-related lawsuits.
16 February 2026
·
Western Digital stock set for Tuesday spotlight after CEO says 2026 HDD output is “pretty much sold out”

Western Digital stock set for Tuesday spotlight after CEO says 2026 HDD output is “pretty much sold out”

Western Digital could grab attention when U.S. markets open Tuesday, after a tech report over the weekend spotlighted CEO Irving Tan’s remarks to investors that the company is “pretty much sold out” of hard drives for 2026. The report noted Tan pointed to solid purchase commitments from Western Digital’s top seven customers, along with longer-term deals running through 2028.
16 February 2026
··
Mortgage rates today tick lower as U.S. markets shut; homebuilder stock prices in focus ahead of Fed minutes

Mortgage rates today tick lower as U.S. markets shut; homebuilder stock prices in focus ahead of Fed minutes

U.S. mortgage rates edged lower on Monday, with Bankrate’s national survey putting the average 30-year fixed rate at 6.13%, down 10 basis points from a week earlier; the 15-year fixed was 5.51% and the average 30-year refinance rate was 6.50%. Mortgage Bankers Association President Bob Broeksmit said applications were “essentially flat” last week, with borrowers leaning more on FHA loans — a government-backed option — and adjustable-rate mortgages, which reset after an initial period. U.S. stock markets were closed for the Presidents Day holiday, with trading set to resume on Tuesday.
16 February 2026
·····
UK stock market today: FTSE 100 closes higher as NatWest buyback lifts banks; Pinewood tumbles

UK stock market today: FTSE 100 closes higher as NatWest buyback lifts banks; Pinewood tumbles

The FTSE 100 in London inched up 0.3% to 10,473.69 after a subdued Monday, lifted mainly by banks and defence stocks as U.S. markets were closed for the holiday. NatWest surged 4.8% to 607.80p. Melrose added 3.9%, Babcock climbed 3.5%, and BAE Systems was up 3.0%. The FTSE 250 mid-caps didn’t fare as well, down 0.2%. Pinewood Technologies tumbled 33%, weighing on the index.
16 February 2026
······
Arista Networks stock price: ANET set for Tuesday trade after CEO flags “horrendous” memory costs

Arista Networks stock price: ANET set for Tuesday trade after CEO flags “horrendous” memory costs

Arista Networks Inc CEO Jayshree Ullal didn’t mince words, calling memory component prices “horrendous” and warning that shortages are getting worse—driven by the ongoing scramble for AI data center gear and the resulting squeeze on parts and lead times. William Blair’s Sebastien Naji noted that Arista plans to “mitigate any negative impacts to its gross margins.” The company currently holds $6.8 billion in purchase commitments and is chasing $3.25 billion in AI networking revenue by 2026.
16 February 2026
··
1 … 384 385 386 387 388 … 1,651
Go toTop