Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz
12 February 2026
54 mins read

Stock Market Today 12.02.2026


LIVEMarkets rolling coverageStarted: Updated:

Corn Futures Mixed on Friday with New Crop Gains

February 12, 2026, 2:18 AM EST. Corn futures fell slightly midweek, with nearby contracts down by about 1.5 cents, while new crop contracts gained between 1 and 2.25 cents. The national average cash corn price dipped 1.25 cents to $3.94. The USDA reported a private export sale of 230,560 metric tons to unknown destinations, and traders anticipate export sales data showing 0.6-1.1 million metric tons sold for 2025/26. Ethanol production rose by 154,000 barrels per day to 1.11 million barrels, while ethanol stocks increased by 111,000 barrels. March 2026 corn futures closed at $4.275, slightly down from the previous session. The data indicates a cautious but stabilizing market amid ongoing export and demand fluctuations.

Soybeans Close Higher Amid Export Sales Expectations and WASDE Report Preview

February 12, 2026, 2:17 AM EST. Soybeans ended Wednesday with gains of 2 ¼ to 5 cents across futures contracts, supported by soymeal futures rising $2.30 to $2.90 per ton. Conversely, soy oil futures dropped by 21 to 53 points. Market watchers anticipate the weekly Export Sales report to reveal new crop soybean sales between 900,000 and 1.6 million metric tons. Soybean meal and oil sales estimates range from 200,000 to 650,000 MT and 0 to 20,000 MT respectively. The upcoming USDA's World Agricultural Supply and Demand Estimates (WASDE) report is projected to show a slight decline in old crop U.S. soybean carryout to 343 million bushels, while new crop stocks may rise by 8 million bushels to 568 million. Global ending stocks for the 2024/25 season are forecasted to dip slightly by 0.3 million MT to 134 million MT.

Nifty IT Index Hits Four-Month Low Amid AI Disruption and U.S. Fed Rate Cut Concerns

February 12, 2026, 2:16 AM EST. Shares of Indian IT exporters fell over 4%, pushing the Nifty IT index to a four-month low due to fears over AI disruption and diminishing chances of an early U.S. Federal Reserve rate cut. Key players like Tata Consultancy Services, Infosys, and HCLTech dropped between 3.7% and 4.4%. The launch of Anthropic's Claude AI tool, which automates labor-intensive tasks, threatens traditional IT business models. U.S. job growth gains in January reduced hopes of near-term rate cuts, dampening investor sentiment. Indian IT stocks have declined 13% since early February, impacting the Nifty 50 and BSE Sensex indices.

Bavarian Nordic Exceeds 2025 Revenue Guidance, Projects Growth in Travel Health for 2026

February 12, 2026, 2:15 AM EST. Bavarian Nordic reported a preliminary revenue of DKK 6.244 billion for 2025, surpassing its guidance of DKK 6 billion, driven by strong performances in both Travel Health and Public Preparedness segments. Travel Health revenue rose 30% year-over-year, fueled by demand for rabies and tick-borne encephalitis vaccines, alongside first-year chikungunya vaccine sales outperforming expectations. The Public Preparedness segment benefited from sustained demand for mpox vaccines. Earnings before interest, taxes, depreciation, and amortization (EBITDA) reached DKK 2.542 billion, or a 41% margin, including income from a Priority Review Voucher sale. For 2026, Bavarian Nordic forecasts continued growth of 10% (14% at constant exchange rates) in Travel Health and a normalized Public Preparedness year, aligning with its mid-term growth strategy.

Real Estate Services Stocks Plunge on AI Disruption Fears

February 12, 2026, 2:08 AM EST. Real estate services stocks fell sharply amid investor concerns over potential disruption by artificial intelligence (AI) applications. Shares of CBRE Group and Jones Lang LaSalle dropped 12%, while Cushman & Wakefield plunged 14%, marking their largest decline since 2020. Analysts suggest investors are rotating away from labor-intensive, high-fee models vulnerable to AI automation. However, some experts warn the selloff may overstate short-term risks to complex deal-making. The sector, already challenged by post-pandemic office demand declines and rising interest rates, now faces added pressure from AI's impact on task automation and deal processing. This 'AI scare trade' follows similar selloffs in tech and finance sectors after new AI tools emerged. Market participants remain cautious but note limited new developments underpinning the drop.

Atlassian Expands Internationally and AI Offerings Amid Share Price Decline

February 12, 2026, 2:05 AM EST. Atlassian (NasdaqGS:TEAM) reports strong international revenue growth, particularly in EMEA and Asia Pacific, while integrating new AI features into its software platform. However, its share price has slumped 17.2% in the past week and 40.6% in the last month, trading near $86.97 against a consensus analyst target of $177.85, indicating a 51% discount. Despite long-term gains, short-term sentiment is weak. Investors face new opportunities from geographic diversification and AI-driven workflows, balanced against geopolitical, currency, and insider selling risks. Monitoring revenue contributions from international markets and AI adoption is key for assessing Atlassian's future growth potential.

Fermi (FRMI) Share Price Fluctuations Raise Valuation Questions

February 12, 2026, 2:04 AM EST.Fermi (FRMI) stock has shown volatile swings with a 16.4% gain over 7 days but an 8.2% decline across 30 days. The stock trades near $9.52, while the Dividend Discount Model (DDM) suggests a theoretical intrinsic value of about $27.48, implying it could be undervalued by roughly 65%. The DDM bases its valuation on current dividends of $1.26 per share with a 3.41% growth assumption. Investors are cautious due to Fermi's exposure to the real estate sector and its specialized REIT business model, factors influencing dividend sustainability and capital requirements. Market watchers use the price-to-book ratio as an additional valuation measure, reflecting the real estate asset backing. Overall, questions persist about whether recent price movements accurately reflect Fermi's value amid sector volatility.

Honeywell International's Stock Valuation Questioned Amid Recent Price Surge

February 12, 2026, 2:03 AM EST. Honeywell International (HON) shares have surged 23.9% year to date, closing recently at $242.70. Despite strong market performance, valuation analysis signals caution. A Discounted Cash Flow (DCF) model estimates intrinsic value at $172.83, implying the stock is about 40.4% overvalued. This suggests the recent rally may have stretched the share price relative to projected future cash flows. Honeywell, positioned in industrial technology and capital goods, reflects ongoing strategic portfolio changes and capital allocation debates among investors. The company scored just 2 out of 6 on Simply Wall St's valuation framework, highlighting potential red flags. Investors are advised to weigh the recent gains against traditional valuation metrics before considering new positions in HON shares.

Rivian Automotive Valuation Suggests 64% Undervaluation Amid Recent Price Volatility

February 12, 2026, 2:02 AM EST. Rivian Automotive's (RIVN) stock has seen significant swings, falling 24% year to date despite a recent 2.7% weekly gain. A Discounted Cash Flow (DCF) model using projected free cash flows estimates an intrinsic value of $41.18 per share, indicating the stock is undervalued by about 64%. Rivian's free cash flow remains negative but is expected to turn positive by 2030, reaching nearly $2 billion. The company scored 2 out of 6 on a simple valuation checklist, reflecting investors' concerns over profitability timelines and capital needs. The stock's valuation contrasts with shifting market sentiment for growth-oriented electric vehicle makers. This analysis highlights the potential upside for investors who weigh long-term cash flow forecasts against current share price volatility.

European Markets Poised for Gains Ahead of Key Earnings and UK Economic Data

February 12, 2026, 2:00 AM EST.European stock markets are set to open higher, with the U.K.'s FTSE and Germany's DAX rising about 0.4%, France's CAC 40 up 1.1%, and Italy's FTSE MIB gaining 0.5%. Investors anticipate a slew of corporate earnings reports from major companies including Siemens, L'Oreal, and Mercedes-Benz Group. The session also features critical U.K. economic data with fourth-quarter GDP and industrial production figures due. Meanwhile, Japan's Nikkei 225 reached a record 58,000, riding a post-election rally, while U.S. futures remained steady after the Dow Jones Industrial Average ended a three-day winning streak.

Newmont Challenges Barrick Over Nevada Gold Mines Joint Venture and Potential IPO

February 12, 2026, 1:45 AM EST. Newmont is pressing Barrick Mining to improve operations at their Nevada Gold Mines joint venture, citing deteriorating results. The dispute highlights Newmont's intent to enforce protective clauses against Barrick's planned IPO of the asset. This conflict raises questions about how future value from Nevada Gold Mines will reach shareholders and could affect deal structures and governance terms. Newmont's shares have rallied 23.1% year to date, reflecting strong performance amid the tension. Investors should watch for updates on joint venture terms, enforcement actions by Newmont, and any analyst revisions to the $133.97 price target. Prolonged disagreement risks creating uncertainty around production, IPO timing, and cash flow allocations.

DPM Metals Surges 12.2% on Record 2025 Results and New Capital Returns

February 12, 2026, 1:44 AM EST. DPM Metals (TSX:DPM) jumped 12.2% after reporting record 2025 results and extending its Chelopech mine life to 2036. The company updated its multi-year production guidance, maintaining an annual output target of roughly 350,000 gold equivalent ounces (GEO). It also announced a US$0.04 dividend and a US$200 million buyback authorization, signaling strong capital returns. Leadership changes and exploration advances aim to support future reserves and growth. While the outlook is positive, risks remain around project execution, rising costs, and the transition from the Ada Tepe mine. Analysts project revenue of US$450 million and earnings of US$172 million by 2028, reflecting a modest 5% upside from current valuations. Investors will watch progress at new projects Vareš and Čoka Rakita closely as key catalysts for sustained performance.

AnaptysBio (ANAB) Shares Up 242% in One Year: Is It Still Undervalued?

February 12, 2026, 1:43 AM EST. AnaptysBio's stock surged 242% over the past year, closing recently at $55.25. The biotech firm's strong rally raises questions about whether its price still offers value. A Discounted Cash Flow (DCF) analysis, which estimates intrinsic share value based on projected future cash flows, suggests ANAB is roughly 75% undervalued, with an estimated fair value of about $219 per share. Despite a current free cash flow loss of $146 million, forecasts show improvement toward positive cash flow by 2030. The stock scores 3 out of 6 in valuation checks, indicating a mixed but potentially attractive value proposition. Investors remain cautious due to ongoing R&D expenses typical in biotech, underscoring the importance of monitoring developments and pipeline progress.

Bitcoin and Crypto Await U.S. Inflation Data Amid Fed Rate Stability

February 12, 2026, 1:32 AM EST.Bitcoin and cryptocurrency markets are closely watching this week's delayed U.S. inflation report, expected Friday, after January payrolls rose 130,000. The strong jobs data suggests the Federal Reserve will likely maintain current policy rates near 3.50%-3.75%, deferring rate cuts to the year's second half. Elevated Treasury yields are tightening financial conditions, weighing on risk assets like Bitcoin, which continues consolidation around $67,200. Analysts warn that a lower-than-expected inflation reading could hasten Fed easing and boost risk assets, while hotter figures might extend a 'higher-for-longer' rate stance, pressuring crypto and equities. Market sell-side pressure may be easing but no clear trend reversal is seen. Investors brace for inflation data that could steer Fed policy and market direction.

Invesque Inc. (IVQ.U) Stock Analysis and AI-Generated Trading Signals for February 12, 2026

February 12, 2026, 1:31 AM EST. Invesque Inc. (IVQ.U) shows mixed short-term indicators with a weak near-term rating but neutral mid and long-term outlooks according to AI-generated data. Trading plans suggest a buy near 0.08 Canadian dollars targeting 0.10, with a stop loss at 0.08. Conversely, a short position near 0.10 targets 0.08, with stop loss at 0.10. These signals reflect cautious sentiment amid uncertain momentum, emphasizing risk management and short-term strategy shifts for traders following the Canadian-listed stock.

Journey Energy Inc. (JOY:CA) Stock Analysis and Trading Strategy – Feb 12, 2026

February 12, 2026, 1:30 AM EST. Journey Energy Inc. (JOY:CA) has a strong long-term rating according to updated AI-generated signals. The stock is recommended for a long position near 3.13 CAD with a strict stop-loss at 3.11 CAD to limit downside risk. Short positions are not advised at this time. Near- and mid-term ratings remain weak, signalling potential volatility or uncertainty in the short run. Investors should examine the latest price charts and confirm signals with current market conditions before executing trades.

London Stock Exchange HQ refurbishment approved to enhance facilities

February 12, 2026, 1:29 AM EST. The London Stock Exchange Group (LSEG) has received approval for extensive refurbishment of its King Edward Court headquarters in Paternoster Square. The renovation plans include a new ground floor lobby, three upper-level office extensions, and upgraded balconies and roofs. Key goals are to create a more open space for public engagement, showcasing activities like opening and closing ceremonies, and displaying the Exchange's 1801 Foundation Stone permanently. Owned long-term by Oxford Properties and Hines, the building's updates aim to modernize facilities and better highlight LSEG's role in global markets. Some heritage concerns regarding St Paul's Cathedral were noted but approvals were granted by City of London Corporation.

Chinese Factories and Ports Busy Amid Lunar New Year Despite Trump Tariffs

February 12, 2026, 1:16 AM EST.Chinese factories and ports are bustling ahead of Lunar New Year, defying expectations a year after U.S. President Trump's tariffs. Industrial production and export orders are up sharply compared to last year, signaling robust activity despite ongoing trade tensions. Major Chinese ports, including Ningbo, handled 40% more containers in early 2026 than a year earlier, pushing freight costs higher due to congestion and overcapacity. Guangdong electronics manufacturer Agilian Technology reported near-full capacity with strong U.S. demand, highlighting resilience in trade flows. The surge in container traffic and industrial output underscores China's recovery momentum and sustained export appetite to the U.S., even as tariffs linger.

TFI International Shares Rise 1.4% Amid Upgraded Analyst Targets

February 12, 2026, 1:13 AM EST. TFI International Inc (TSE:TFII) shares climbed 1.4% to C$170.53 Wednesday, boosted by a 32% surge in trading volume to 288,061 shares. Recent upgrades from brokers including National Bank Financial, Desjardins and Scotiabank lifted price targets between C$113 and C$173, reflecting confidence in the Canadian transportation firm's outlook. The stock holds a "Moderate Buy" consensus rating with an average target price of C$156.50. TFI, with a market cap exceeding C$14 billion, posted Q3 earnings of C$1.20 per share and revenue of C$2.74 billion. Its price-to-earnings ratio stands at 43.84 while the company maintains a substantial debt-to-equity ratio of 115.17. Insider ownership accounts for nearly 6%, with recent stock sales noted. The firm operates across four logistics segments including package courier and truckload services.

Schroder BSC Social Impact Trust Shares Fall 38% Over Five Years Amid EPS Decline

February 12, 2026, 1:12 AM EST. Schroder BSC Social Impact Trust (LON:SBSI) has seen its share price drop 38% over five years, with a 10% decline in the last quarter alone. This contrasts with a worsening in earnings per share (EPS), which fell at a rate of 32% annually, outpacing the share price decline. Despite poor EPS results, the stock trades at a price-to-earnings (P/E) ratio of 54.87, suggesting investors expect future recovery. Total shareholder return (TSR), which includes dividends, also remains negative at -29% over five years. In the past year, shareholders faced a 7% loss while the broader market gained 25%, underlining underperformance. The trend raises questions about the trust's long-term prospects for investors seeking turnaround opportunities.

Mark Wahlberg $24 Million Super Bowl Prediction Market Resolves 'No'

February 12, 2026, 12:45 AM EST. The $24 million Kalshi prediction market on whether actor Mark Wahlberg attended Super Bowl LX resolved with a 'no' outcome. Wahlberg was the most popular wager selection, surpassing bets on 31 other actors and politicians combined, according to ESPN's David Purdum. Despite heavy betting on his attendance, there is no evidence Wahlberg was present at the Seahawks-Patriots game in Santa Clara. As a known Patriots fan, Wahlberg likely avoided a disappointing event given the game's outcome.

Stocks End Mixed as Strong US Jobs Data Dims Fed Rate Cut Prospects

February 12, 2026, 12:44 AM EST. U.S. stock indexes settled mixed Wednesday after a stronger-than-expected January payroll report pushed bond yields higher and lessened the odds of Federal Reserve interest rate cuts. The S&P 500 held steady, hitting a two-week high, while the Nasdaq 100 gained 0.29% to a one-week peak. The Dow Jones Industrial Average fell 0.13%, weighed down by declines in software and real estate stocks amid AI disruption worries. The 10-year Treasury note yield rose 3 basis points to 4.17%. Payrolls increased by 130,000, the largest gain in 13 months, with the unemployment rate dipping to 4.3%, well below forecasts. Market focus now turns to upcoming earnings reports and economic data, including January CPI figures expected Friday.

Hudbay Minerals (TSX:HBM) Shows 176.9% Rally But DCF Suggests Overvaluation

February 12, 2026, 12:43 AM EST. Hudbay Minerals (TSX:HBM) surged 176.9% over the past year, reflecting strong investor interest in its copper and precious metals assets. Despite recent gains, a Discounted Cash Flow (DCF) analysis estimates the stock is 181.3% overvalued with a fair value of C$12.75 versus the current price of C$35.86. The company trades at a price-to-earnings (P/E) ratio of 22.67, suggesting moderate growth expectations. Hudbay scores 3 out of 6 on valuation metrics, indicating mixed signals on value. Its last twelve months' free cash flow stood at $341.3 million, with projections extending to 2035 informing the DCF model. Investors should weigh the rally against fundamental valuation before adding the stock.

Copart Secures $1.25 Billion Credit Facility Amid Shares Trading Below Targets

February 12, 2026, 12:42 AM EST. Copart has secured a $1.25 billion unsecured revolving credit facility to fund acquisitions, capital investments, and global expansion. The new credit line boosts Copart's financial flexibility as it pursues growth. Shares currently trade at $39.51, about 19% below the $48.89 analyst price target, reflecting a 33.1% decline over the past year but a 33.9% gain over five years. The facility offers potential for expansion but also raises risk if funds are used aggressively or returns do not exceed capital costs. Investors should monitor credit utilization and project outcomes closely to assess impact on Copart's risk-return profile.

MLPRX.PA Stock Surges 19.62% Pre-Market on EURONEXT with Heavy Volume

February 12, 2026, 12:40 AM EST. MLPRX.PA shares jumped 19.62% pre-market on EURONEXT to €0.19, fueled by a volume surge to 40,677 shares, significantly above the 3,489 average, indicating strong speculative interest. The move lifted the stock from yesterday's close of €0.16 without any accompanying earnings or regulatory news, suggesting trade-led momentum in the microcap Basic Materials sector. Parx Materials N.V. produces antimicrobial plastics for medical and food applications, with a current market cap near €2 million and a negative EPS. Technical indicators show an active, oversold stock with high volatility and strong trend signals. AI rating by Meyka scores MLPRX.PA at 58.82 (C+, HOLD), reflecting cautious sentiment amid sector strength and price fluctuations.

Live Cattle Futures Climb Amidst Mixed USDA Reports on Wednesday

February 12, 2026, 12:27 AM EST. Live cattle futures gained between 65 and 90 cents on Wednesday, driven by strong trading activity despite no cash trades reported at Central Stockyards. Feeder cattle futures also rose, up 90 cents to $1.50. USDA data showed a decline in federally inspected cattle slaughter to 124,000 head Tuesday, slightly below last week and last year levels. Wholesale boxed beef prices fell, with Choice boxes down 36 cents and Select boxes dropping $1.49 per hundredweight. The Choice-Select price spread widened to $33.10. December and February live cattle contracts led gains, reflecting market optimism amid lower beef prices and near-steady slaughter figures.

Indian IT Stocks Plunge Up to 5% on AI Disruption Concerns and US Jobs Data

February 12, 2026, 12:26 AM EST. Indian IT stocks, including Coforge, Infosys, TCS, and Tech Mahindra, dropped sharply by up to 5% on February 12, dragging the Nifty IT index down over 4%. The decline follows strong U.S. January jobs data that failed to lift sentiment amid fears of AI-led disruptions. Despite a robust payroll increase mainly in healthcare, economists warn the labor market remains tepid. Wall Street tech majors like Microsoft and Alphabet also fell, reflecting global investor anxiety over AI's impact on software services earnings and increased competition. The Nifty IT index has dropped 11% in 2026, reflecting mounting concerns about Artificial Intelligence disrupting traditional IT business models.

3 Asian Growth Stocks With Strong Insider Ownership to Watch

February 12, 2026, 12:25 AM EST. In volatile markets, Asian growth stocks with significant insider ownership offer stability and align management with shareholders. Companies like Darbond Technology (29.7% insider ownership) and Do-Fluoride New Materials (13.3%) showcase strong revenue growth forecasts of 21.7% and 38.9% annually respectively. These firms operate in specialized fields such as polymer engineering and lithium-ion battery materials and demonstrate earnings growth that exceeds regional averages. Insider confidence is further evidenced by recent share buybacks amid price volatility. Investors may find these stocks appealing for their potential to deliver growth while benefiting from management's vested interest.

REG – RNS Market Data and Reference Sources Overview

February 12, 2026, 12:24 AM EST. This document lists market data providers and reference data sources used for financial information. ICE Data Services supplies market data. FactSet Research Systems Inc. offers reference data and the CUSIP Database, essential for security identification. Sec filings and related documents come from Quartr. TradingView contributes additional market information. The data is protected under copyrights held by FactSet, the American Bankers Association, and TradingView as of 2026.

Top Stocks to Buy Today: BPCL, Power Grid, and SAIL Recommended for February 12, 2026

February 12, 2026, 12:11 AM EST. Nuvama's Aakash K Hindocha highlights BPCL, Power Grid, and SAIL as top buy recommendations for February 12. BPCL is supported near 380, targeting 418 with a 370 stop loss. Power Grid broke out from an 18-month downtrend, holding at 3-month highs, target 320. SAIL surged past a 55-week channel, hitting 20-month highs, target 174. The Nifty index rose 1% over three days, forming a bullish head and shoulders pattern, seen as a buy on dips near 26130. Bank Nifty outperformed, aiming for 60800-61500 with rising support at 60060. These picks reflect strong technical signals amid positive sector trends, especially in public sector enterprises and metals.

CEO of TS2 Space and founder of TS2.tech. Expert in satellites, telecommunications, and emerging technologies, covering trends in space, AI, and connectivity.

ANZ shares jump after $1.94bn profit boost as cost cuts land and ASX nears record
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