News Bulletin
Friday, February 13, 2026
Evening Edition
Economic Numbers:
|
Time |
Event |
Actual |
Forecast |
Previous |
|
Friday, February 13, 2026 |
||||
|
8:30 |
CPI (MoM) (Jan) |
0.20% |
0.30% |
0.30% |
|
8:30 |
CPI (YoY) (Jan) |
2.40% |
2.50% |
2.70% |
|
8:30 |
Core CPI (MoM) (Jan) |
0.30% |
0.30% |
0.20% |
|
8:30 |
Core CPI (YoY) (Jan) |
2.50% |
2.50% |
2.60% |
|
13:00 |
U.S. Baker Hughes Oil Rig Count |
409.00 |
|
412.00 |
|
13:00 |
U.S. Baker Hughes Total Rig Count |
551.00 |
|
551.00 |
Indices
|
|
CLOSE |
50 DMA |
200 DMA |
|
DJIA |
49,500.93 |
48,863.69 |
45,817.93 |
|
NASDAQ |
22,546.67 |
23,358.02 |
21,778.98 |
|
S&P 500 |
6,836.17 |
6,894.63 |
6,504.72 |
Earnings Calendar:
(EPS: Earning Per Share / Rev: Revenue / Mkt Cap: market Capital/ BMO: Before Market Opening /AMC:
After Market Close)
|
COMPANY |
EPS Act |
EPS
Fore |
Rev
Act |
Rev
Fore |
Mkt Cap |
Time |
|
Moderna MRNA:US |
-2.11 |
-2.91 |
678M |
966M |
$16.53B |
AM |
|
Telephone Data Systems TDS:US |
|
-0.1 |
|
1.24B |
$4.96B |
AM |
|
Advance Auto Parts AAP:US |
0.86 |
-1.18 |
2B |
2B |
$4.28B |
AM |
|
Sensient Technologies SXT:US |
0.72 |
0.65 |
393.4M |
376.4M |
$4.15B |
AM |
|
NOW DNOW:US |
|
0.25 |
|
571M |
$1.7B |
AM |
|
Wendy's WEN:US |
0.16 |
0.25 |
543M |
574.3M |
$1.49B |
AM |
|
Marcus & Millichap MMI:US |
0.34 |
0.22 |
244M |
240.1M |
$984.8M |
AM |
|
Shutterstock SSTK:US |
|
0.67 |
|
250.3M |
$622M |
AM |
Market News:
U.S. stocks ended mixed on Friday after
seesawing through most of the session, while Treasury yields slid after data
showed a moderation in consumer inflation in January.
The benchmark S&P 500 index closed
flat at 6,835.08 points, the blue-chip Dow Jones Industrial Average ticked up
0.1% to settle at 49,500.93 points, and the tech-heavy NASDAQ Composite fell
0.2% to conclude at 22,546.67 points.
For the week, the S&P shed 1.4%, the
Dow fell 1.2%, and the Nasdaq
was down 2.1%.
January CPI cools
According to the U.S. Bureau of Labor Statistics, headline consumer price index (CPI) rose
2.4% Y/Y in January, below the consensus of 2.5% and decelerating from
December’s 2.7% reading. On a M/M basis, headline CPI
rose 0.2%, also below the estimate of 0.3%.
Core CPI came in-line on both a M/M and Y/Y basis.
The soft headline print comes just days
after a blowout January nonfarm payrolls report. The CME Fedwatch
tool showed traders slightly upping their bets that the Fed would ease interest
rates this year.
"Inflation came in slightly softer
than expected in January’s delayed report, with headline inflation coming in at
2.4%, and core coming in at 2.5%," Phil Blancato,
chief market strategist at Osiac, told Investing.com.
"The softer inflation has given
renewed credit to the idea of the Fed cutting rates more, or sooner than
expected, as inflation has continued to creep towards the Fed’s 2% target.
Interest sensitive sectors and asset classes like small caps, and real
estate/utility stocks should see a bounce on the back of lower inflation,"
he added.
U.S. Treasury yields slipped as bonds
were snapped up after the CPI data. The benchmark United States 10-Year yield
was down 6 basis points to 4.049%, while the shorter-end, more rate-sensitive
United States 2-Year yield also slipped 6 basis points to 3.410%.
Tech in focus, Applied Materials surges
The tech sector remains in the
spotlight, after fresh concerns around possible disruptions from artificial
intelligence dominated sentiment on Thursday, sending the main averages on Wall
Street tumbling.
The Nasdaq lost a hefty 2%, while the S&P dropped
nearly 1.6%, and the Dow shed almost 670 points, or 1.3%.
"Although much has been made about
whether or not the Fed can keep cutting interest rates this year, the markets
seem to care much more about the possibilities of AI disruption across a broad
swath of industries right now," Chris Zaccarelli,
chief investment officer at Northlight Asset
Management, said.
"As long as CPI remains in check –
which so far it has – then the rates discussion will revert back to the labor market, and under the current economic conditions the
Fed is likely to proceed cautiously lowering rates a couple of times later this
year," he said.
"The market is going through some
volatility right now, which isn’t that surprising, but the bull market is
likely to remain intact as long as the economy continues to grow, the labor market holds up, and inflation measures continue to
fall. All of these conditions are in place and there haven’t been any new datapoints this month to contradict that.
More tech companies in the likes of Arista Networks (NYSE:ANET), Applied
Materials (NASDAQ:AMAT) and Pinterest
(NYSE:PINS) released their results after the close on Thursday.
Applied Materials stock surged after the
company announced an upbeat forecast, underlining how the AI boom and memory
chip shortage is bolstering sales at the largest U.S. semiconductor equipment
maker.
Shares of Arista
rose after the network gear supplier reiterated its full-year gross margin
guidance despite being dented by increased memory chip prices.
Conversely, Pinterest
stock tumbled after the image-sharing platform forecast first-quarter revenue
below estimates, as it battles sharper cutbacks in ad spending by tariff-hit
retailers and mounting pressure from deep-pocketed rivals.
In other earnings-related moves, Airbnb (NASDAQ:ABNB) stock gained after the
vacation rental firm beat quarterly revenue estimates and pointed to continued
travel demand.
Gold higher, crude seesaws
Gold prices were higher in European
trade, paring back losses on Thursday fueled by
heightened uncertainty over the path of U.S. interest rates.
Bullion benefited from some safe haven
demand on Friday after a host of reports said Washington planned to deploy a
second aircraft carrier -- the USS Gerald R. Ford -- in the Middle East, as
nuclear talks with Iran faltered.
Spot gold rose 2.2% to $5,030.02 an
ounce, while gold futures climbed 2.1% to $5,052.54/oz. Spot prices tumbled
over 3% in the prior session.
Oil prices seesawed on Friday, set for a
weekly decline as forecasts of a substantial supply surplus and rising
inventories weighed on sentiment, while risks surrounding a conflict between
the U.S. and Iran receded.
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