Business

(Bloomberg) — Logistics stocks plunged on Thursday as the group became the latest victim of the artificial intelligence “scare trade.” At the center of the selloff: a former karaoke company with a stock-market value of only $6 million. The little-known company is worth just a fraction of the value it knocked off of a constellation of others — all of which were dumped by investors fearful of even the faintest threat posed by AI. The company’s trumpeting of its logistics platform sent the Russell 3000 (^RUA) Trucking Index sliding 6.6%. CH Robinson Worldwide Inc. (CHRW) tumbled 15% — and at one point was down by a record 24% — while Landstar System Inc. (LSTR) fell 16%. Most Read from Bloomberg It was the worst drop for the sector since April’s trade-war market meltdown. Drug dis...

Feb. 13, 2026— Full year total revenue of $12.0 billion, a 9% increase compared to full year 2024; fourth quarter total revenue of $3.19 billion, a 10% increase compared to fourth quarter 2024 —— Company provides full year 2026 total revenue guidance of $12.95 billion to $13.1 billion, with non-CF products expected to contribute $500 million or more in revenue —— Broad mid- and late-stage clinical pipeline accelerates with multiple proof-of-concept and pivotal programs advancing; on track to complete BLA filing for U.S. accelerated approval of povetacicept in IgAN in the first half of 2026 —BOSTON--(BUSINESS WIRE)--Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) today reported consolidated financial results for the fourth quarter and full year ended December 31, 2025, and provided its f...

Chicago, IL – February 13, 2026 – Today, Zacks Investment Ideas feature highlights Constellation Energy CEG, Microsoft MSFT and Quanta Services, Inc. PWR. Investors looking to buy stocks amid the broadly bullish Q4 earnings season might want to consider two S&P 500 giants poised for long-term upside across compounding artificial intelligence-boosted megatrends. First up is nuclear and AI energy powerhouse Constellation Energy (CEG) is trading over 30% below its October records heading into its projected earnings release on February 17, even though it’s still up 220% in the past three years—nearly tripling the benchmark’s return. The dividend-paying nuclear and natural gas company that’s helping power the AI data center boom’s outlook remains strong, and it’s finding support...

Trusted by 200,000+ Investors Worldwide • Building a New Era of Inclusive Investing SYDNEY, Feb. 13, 2026 (GLOBE NEWSWIRE) -- PO Wealth Sharing Group has officially released its latest development update, continuing to uphold its core principles of transparency, security, and long-term value growth, while providing global investors with innovative pathways to access the U.S. stock market. To date, PO Wealth Sharing has served more than 200,000 investors across 22 countries, advancing a global community ecosystem where individual investors co-create wealth growth and shared participation. PO Wealth Sharing Group Since its establishment in 2018, PO Wealth Sharing has remained committed to breaking down traditional investment barriers by building an integrated platform centered ...

As of February 2026, global markets are experiencing mixed trends with volatility affecting major indices. In the U.S., small-cap and value-oriented stocks have shown gains, while large-cap technology stocks faced challenges amid concerns about artificial intelligence and overinvestment. Meanwhile, economic indicators such as manufacturing activity in the U.S. have rebounded, signaling potential shifts in market dynamics. Penny stocks represent an intriguing segment for investors looking beyond established names, often involving smaller or newer companies with unique growth potential. Although the term may seem outdated, these investments continue to offer opportunities for those who can identify strong fundamentals and resilient balance sheets among these lesser-known entities. ...

Social SecurityRemember to include Social Security payments in your overall strategy as they can supplement your income and might influence how much you withdraw. Additionally, your monthly retirement income can have an impact on how your Social Security benefits are taxed if you “give yourself a raise” and move into a high tax bracket.Sequence of returns riskSequence of returns risk happens when the order and timing of investment returns cause you to withdraw too much too soon early in retirement, making it difficult for your portfolio to rebound, if at all.“A lot of people who are doing it on their own have the tendency to underestimate what they're spending and overestimate what their returns are going to be,” says Barrow, referring to sequence of returns risk. “You can dig yourself int...

Rivian (RIVN) reported better-than-expected fourth quarter earnings after the bell on Thursday as the pure-play EV maker ramps up for the release of its R2 vehicle, which the company said is on track for the second quarter of this year. For the quarter, Rivian reported revenue of $1.286 billion versus $1.26 billion, per Bloomberg consensus estimates, down around 27% from a year ago. Rivian attributed the revenue declines to the loss of regulatory emissions credit sales, the expiration of the federal EV tax credit, and lower average selling prices. The company posted an adjusted loss per share of $0.59 versus $0.69 expected, with an adjusted EBITDA (earnings before interest, taxes, depreciation, and amortization) loss of $465 million versus $568.2 million expected. Rivian stock surged...

Shares in Rivian rose 15% in pre-market trading after the electric vehicle maker beat Wall Street’s fourth quarter expectations and said it was targeting a sharp increase in deliveries this year. The group reported full-year 2025 revenue of $5.37bn (£3.94bn), including $1.7bn in the fourth quarter, up 8% from $4.97bn in 2024. Rivian achieved its first annual gross profit, a closely watched metric among investors, of $144m in 2025, including $120m in the fourth quarter. The result was driven by its software and services joint venture with Volkswagen, which offset $432m in losses in its automotive business last year. NasdaqGS - Delayed Quote • USD 14.00 -0.76 (-5.15%) At close: 12 February at 16:00:01 GMT-5 For 2026, the company said it expects vehicle deliveries o...

Gold prices rose on Friday morning, as investors awaited the release of US inflation data later in the day. Gold futures (GC=F) were up 0.8% to $4,990, per ounce at the time of writing, while spot gold jumped 1.1% to $4,973.49 an ounce. The US Bureau of Labor Statistics is due to release the January consumer price index (CPI) at 8.30am ET (1.30pm GMT). Deutsche Bank analysts said in a note on Friday morning that this print "is an important one, because markets are still expecting further rate cuts under a new Fed Chair, but stronger data like the jobs report on Wednesday has led to a bit more doubt as to whether that’s still possible." "So another hawkish print today would further push in that direction, particularly given this quarter is already seeing a decent fiscal impulse from...

Top University administrators released a statement on Wednesday addressing the University’s ongoing “financial challenges” and updating the Cornell community on the progress of Resilient Cornell, an initiative designed to “ensure Cornell’s long-term financial sustainability,” according to its website.  The update, released by President Michael Kotlikoff, Provost Kavita Bala and Robert Harrington, provost for medical affairs, explains that the Resilient Cornell program, which launched in October, has made progress, but the University still endures financial challenges that began before last year’s federal funding cuts. “Like many universities, Cornell is contending with uncertainty about the future of federally funded resear...