STORY: Wall Street ended higher on Wednesday, with the Dow adding about a quarter of a percent, the S&P 500 gaining more than half a percent and the Nasdaq climbing over three-quarters of a percent. :: Nvidia Nvidia rose more than 1.5% after the world's most valuable company said it had signed a multi-year deal to sell millions of its current and future AI chips to Meta Platforms. Shares of other ...
STORY: Wall Street ended higher on Wednesday, with the Dow adding about a quarter of a percent, the S&P 500 gaining more than half a percent and the Nasdaq climbing over three-quarters of a percent. :: Nvidia Nvidia rose more than 1.5% after the world's most valuable company said it had signed a multi-year deal to sell millions of its current and future AI chips to Meta Platforms. Shares of other tech hardware companies also rose, including SanDisk, Western Digital and Seagate Technology Holdings. Software makers also showed signs of recovery, with the S&P 500 software and services sector gaining more than 1% after a steep selloff in recent weeks due to fears of massive AI disruption in the sector. Robert Conzo is CEO and managing director of The Wealth Alliance. "When you look at what happened today, the interesting thing about the technology sector as a whole going up, meaning software and hardware, very different than what you've seen year to date. Year-to-date, you've seen software companies get hammered down 24%, the IGV index (iShares Expanded Tech-Software Sector ETF), versus hardware index, let's say XLK ETF (State Street Technology Select Sector SPDR ETF), down only 3%. There you're seeing both go radically. That could be, hey, people just want to get in on the action. There's some speak about many different things. And there's a little bit of press going on about the big capex spending that has been happening in the industry in general. So, interesting day from that perspective." ::Doordash Among other movers, shares of DoorDash, up nearly 7% at the close, whiplashed in extended trading to ultimately gain more than 10%. The food delivery service forecast first-quarter adjusted profit below Wall Street estimates, but said it expects the total value of orders placed through its platform to be roughly $31 billion, beating Wall Street estimates. On the flip side, shares of Carvana, up 3% at the close, plummeted as much as 24% in extended trading despite report...
The White House declined on Wednesday to comment on reports that US President Donald Trump is weighing whether to cancel or delay a US$11 billion arms package to Taiwan, as he seeks to keep an expected April summit with Chinese leader Xi Jinping on track amid pressure from Beijing. “I don’t have any announcement or updates to share,” said White House spokeswoman Karoline Leavitt. On Monday, Trump ...
The White House declined on Wednesday to comment on reports that US President Donald Trump is weighing whether to cancel or delay a US$11 billion arms package to Taiwan, as he seeks to keep an expected April summit with Chinese leader Xi Jinping on track amid pressure from Beijing. “I don’t have any announcement or updates to share,” said White House spokeswoman Karoline Leavitt. On Monday, Trump told journalists he had discussed the potential sales with Xi. “I’ve talked to him about it. We had...
Three months after Blue Owl Capital Inc. shelved a merger between two private credit funds, it has found a different way to provide investors with promised liquidity - selling loans. The asset management firm said it sold about $1.4 billion of direct-lending investments across three funds: Blue Owl Capital Corp II, Blue Owl Capital Corporation and Blue Owl Technology Income Corp. Buyers included N...
Three months after Blue Owl Capital Inc. shelved a merger between two private credit funds, it has found a different way to provide investors with promised liquidity - selling loans. The asset management firm said it sold about $1.4 billion of direct-lending investments across three funds: Blue Owl Capital Corp II, Blue Owl Capital Corporation and Blue Owl Technology Income Corp. Buyers included North American public pension funds and insurance firms. Blue Owl initially looked to sell loans at OBDC II and then widened to other vehicles following demand from institutional buyers, the firm said. OBDC II sold about $600 million — roughly 34% of its portfolio — and will use the proceeds to repay a credit facility from Goldman Sachs Group Inc. and make a special cash distribution that will total about 30% of the fund’s net asset value. OBDC II had come under scrutiny earlier this year after Blue Owl sought to merge it with a publicly-traded fund — a move that would have left some investors facing losses of about 20%, according to prior disclosures. Investor cash-out requests had already topped the typical 5% quarterly limit. Read more: Blue Owl Scraps Merger of Private Credit Funds After Selloff Blue Owl said it will shift away from those quarterly buybacks and instead return cash through distributions funded by repayments, asset sales or other transactions. “OBDC II has been exploring options to either create a liquidity event for investors or wind down the legacy vehicle and ultimately return capital to shareholders. We believe this is an important step forward for the fund as it creates an efficient process around returning capital to these investors,” according to an analyst note from Citizens Financial Group , which said selling loans at par was a “win-win.” Funds that let investors redeem periodically can face pressure when too many people want their money back at once. Managers often keep some more easily sold assets to meet withdrawals. Selling directly originate...
imaginima/E+ via Getty Images The American Petroleum Institute reportedly shows a surprise draw of 609K barrels of oil in U.S. commercial stockpiles for the week ending February 13, after increasing by 13.4M barrels in the previous week. Gasoline inventories reportedly show a draw of 312K barrels for the week, distillate inventories reportedly show a draw of 1.56M barrels, and Cushing inventories ...
imaginima/E+ via Getty Images The American Petroleum Institute reportedly shows a surprise draw of 609K barrels of oil in U.S. commercial stockpiles for the week ending February 13, after increasing by 13.4M barrels in the previous week. Gasoline inventories reportedly show a draw of 312K barrels for the week, distillate inventories reportedly show a draw of 1.56M barrels, and Cushing inventories reportedly show a draw of 1.36M barrels. The Energy Information Administration is scheduled to release its weekly U.S. petroleum supply report on Thursday; the average of analysts surveyed by The Wall Street Journal forecast domestic commercial crude stocks would rise by 1.1M barrels, gasoline inventories were expected to fall by 700K barrels, and distillate inventories were expected to fall by 1.4M barrels. WTI front-month March crude oil ( CL1:COM ) recently traded at $65.20/bbl after settling Tuesday at $65.19/bbl. ETF: ( USO ) More on crude oil Macro Insights: Death Of A Software Salesman, The Great Rotation, And Dot-Com 2.0 WTI Crude Oil: Consolidation Near $62 Tests Breakout As Diplomacy Tempers Risk Premium Commodities: U.S.-Iran Talks Continue
Mark Zuckerberg testified that it's "very difficult" to enforce Instagram's age limits as he sought to defend the platform during a landmark trial over social media addiction. The chief executive officer of Meta Platforms was sharply questioned on the witness stand Wednesday about the company's efforts to attract and engage teenage users, and whether it adequately policed accounts belonging to chi...
Mark Zuckerberg testified that it's "very difficult" to enforce Instagram's age limits as he sought to defend the platform during a landmark trial over social media addiction. The chief executive officer of Meta Platforms was sharply questioned on the witness stand Wednesday about the company's efforts to attract and engage teenage users, and whether it adequately policed accounts belonging to children under 13, despite rules barring them from using the app. Zuckerberg said Meta has introduced some "proactive tools" to try to identify and remove accounts used by children under 13, but called it a "challenging" problem. Bloomberg News Senior Technology Reporter Kurt Wagner joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec.
Image source: The Motley Fool. Wednesday, February 18, 2026 at 5:00 p.m. ET Need a quote from a Motley Fool analyst? Email pr@fool.com Continue reading
Image source: The Motley Fool. Wednesday, February 18, 2026 at 5:00 p.m. ET Need a quote from a Motley Fool analyst? Email pr@fool.com Continue reading
Mark Zuckerberg testified that it’s “very difficult” to enforce Instagram’s age limits as he sought to defend the platform during a landmark trial over social media addiction. The chief executive officer of Meta Platforms was sharply questioned on the witness stand Wednesday about the company’s efforts to attract and engage teenage users, and whether it adequately policed accounts belonging to chi...
Mark Zuckerberg testified that it’s “very difficult” to enforce Instagram’s age limits as he sought to defend the platform during a landmark trial over social media addiction. The chief executive officer of Meta Platforms was sharply questioned on the witness stand Wednesday about the company’s efforts to attract and engage teenage users, and whether it adequately policed accounts belonging to children under 13, despite rules barring them from using the app. Zuckerberg said Meta has introduced some “proactive tools” to try to identify and remove accounts used by children under 13, but called it a “challenging” problem. Bloomberg News Senior Technology Reporter Kurt Wagner joins Bloomberg Businessweek Daily to discuss. He speaks with Carol Massar and Tim Stenovec. (Source: Bloomberg)
Retail tycoon Les Wexner told US lawmakers on Wednesday that he was “conned” by Jeffrey Epstein and denied any knowledge of his crimes, as Democrats pressed him over his decades-long relationship with the notorious sex offender. The 88-year-old founder of L Brands – the former parent of Victoria’s Secret – gave closed-door testimony from his home in New Albany, Ohio, after being subpoenaed by the ...
Retail tycoon Les Wexner told US lawmakers on Wednesday that he was “conned” by Jeffrey Epstein and denied any knowledge of his crimes, as Democrats pressed him over his decades-long relationship with the notorious sex offender. The 88-year-old founder of L Brands – the former parent of Victoria’s Secret – gave closed-door testimony from his home in New Albany, Ohio, after being subpoenaed by the House Oversight Committee as part of its investigation into Epstein and his associates. “I was...
Netflix (NASDAQ: NFLX) has been one of the best investment stories this century. It has delivered impressive shareholder returns since its 2002 IPO, but it has run into a bit of trouble lately. The stock is trading down about 43% from its July 2025 all-time high, and its recent performance prompts an obvious question: Should investors buy the dip? Image source: Getty Images. Netflix's stock has ta...
Netflix (NASDAQ: NFLX) has been one of the best investment stories this century. It has delivered impressive shareholder returns since its 2002 IPO, but it has run into a bit of trouble lately. The stock is trading down about 43% from its July 2025 all-time high, and its recent performance prompts an obvious question: Should investors buy the dip? Image source: Getty Images. Netflix's stock has tanked largely on investor concern about its efforts to acquire multiple media assets from Warner Bros. Discovery (NASDAQ: WBD) . The acquisition transaction will cost Netflix a whopping $82.7 billion. This is structured as an all-cash transaction, which means Netflix, which has about $9 billion in cash and short-term investments on hand, will need to take on a substantial amount of debt to finance the deal. Continue reading
In this article CSCO Follow your favorite stocks CREATE FREE ACCOUNT An aerial view of Singapore's skyline. Tong Thi Viet Phuong | Moment | Getty Images Asia-Pacific markets were poised to open higher Thursday, with several bourses in the region returning from the Lunar New Year holiday. Australia's S&P/ASX 200 was 0.81% higher in early trade. Japan's Nikkei 225 futures pointed to a stronger open ...
In this article CSCO Follow your favorite stocks CREATE FREE ACCOUNT An aerial view of Singapore's skyline. Tong Thi Viet Phuong | Moment | Getty Images Asia-Pacific markets were poised to open higher Thursday, with several bourses in the region returning from the Lunar New Year holiday. Australia's S&P/ASX 200 was 0.81% higher in early trade. Japan's Nikkei 225 futures pointed to a stronger open for the market after coming back from a public holiday, with the futures contract in Chicago at 57,645 and its counterpart in Osaka at 57,520 compared to the last close of 57,143.84. Hong Kong and mainland China markets remain closed for the Lunar New Year break. Investors in Asia will be watching for any spillover from the tech-led rally on Wall Street overnight, although the most prominent market in the AI space, Taiwan, is closed for the Lunar New Year holiday, Overnight in the U.S., the S&P 500 moved higher, supported by gains in key technology names, as traders weighed the release of the minutes from the Federal Reserve's most recent policy meeting. The broad-based index climbed 0.56% to end at 6,881.31, while the Nasdaq Composite added 0.78% to settle at 22,753.63. The Dow Jones Industrial Average added 0.26% to close at 49,662.66. —CNBC's Sean Conlon and Pia Singh contributed to this report.
(RTTNews) - The Japan stock market on Wednesday ended the four-day losing streak in which it had stumbled more than 1,050 points or 1.9 percent. The Nikkei 225 now sits just beneath the 57,150-point plateau and it may add to its winnings on Thursday.
(RTTNews) - The Japan stock market on Wednesday ended the four-day losing streak in which it had stumbled more than 1,050 points or 1.9 percent. The Nikkei 225 now sits just beneath the 57,150-point plateau and it may add to its winnings on Thursday.
The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +0.56%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.26%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.80%. March E-mini S&P futures (ESH26 ) rose +0.52%, and March E-mini Nasdaq futures...
The S&P 500 Index ($SPX ) (SPY ) on Wednesday closed up +0.56%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +0.26%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.80%. March E-mini S&P futures (ESH26 ) rose +0.52%, and March E-mini Nasdaq futures...
Cathie Wood didn’t hesitate when tech investors started flinching. On Feb. 17, ARK’s daily disclosures showed buys of $8 million in Broadcom (AVGO) and about $6 million in Advanced Micro Devices (AMD). That’s a massive $14 million combined push into two of the biggest AI infrastructure giants, just ...
Cathie Wood didn’t hesitate when tech investors started flinching. On Feb. 17, ARK’s daily disclosures showed buys of $8 million in Broadcom (AVGO) and about $6 million in Advanced Micro Devices (AMD). That’s a massive $14 million combined push into two of the biggest AI infrastructure giants, just ...