Investors brace for knee-jerk market reaction to a coming Supreme Court tariff decision
Here's a summary of the DailyEdge by TradeZero:
S&P 500
- 6,861.89 (−19.42, 0.28%)
Dow Jones
- 49,395.16 (−267.50, 0.54%)
NASDAQ
- 22,682.73 (−70.91, 0.31%)
Market close: February 19, 2026
Breaking News
- Investors prepare for a potential market reaction to a coming Supreme Court decision on tariffs.
- The case, Learning Resources, Inc. v. Trump, involves the legality of tariffs imposed under the 1977 International Emergency Economic Powers Act.
EdgeUp
- 🌍 Dow, S&P 500, Nasdaq futures gain as US-Iran tensions rise and PCE inflation looms
- US stock futures rose on Friday.
- Oil prices continued to ascend amid rising US-Iran tensions, with President Trump considering military strikes.
- 🤖 Nvidia and OpenAI abandon unfinished $100bn deal in favour of $30bn investment
- Nvidia is finalizing a $30 billion investment in OpenAI, replacing a previous $100 billion commitment.
- This investment is part of a larger funding round aiming to raise over $100 billion, valuing OpenAI at about $730 billion.
- 🏗️ Why Comfort Systems shares are trading higher by around 5%
- Comfort Systems USA shares rose after beating Q4 financial results and raising its quarterly dividend.
- 🧬 Why Candel Therapeutics stock is falling Friday
- Candel Therapeutics shares declined following the announcement of a public offering to raise approximately $100 million for cancer therapy development.
- 🛋️ Wayfair’s stock sinks as investors worry expansion plans will hurt profits
- Wayfair's stock dropped due to an unexpected fourth-quarter loss and concerns that expansion plans in a volatile furniture industry could compress profit margins.
Friday Fact
- The ABCD pattern is a simple, old chart pattern based on market symmetry.
- It involves an impulsive move (A to B), a controlled pullback (B to C), and a continuation move (C to D) often mirroring the first leg.
- Traders use it to anticipate potential exhaustion or reversal zones by looking for similar distances or times between AB and CD.
Top 5 Movers In Early Pre-Market
- 1) ANPA (Rich Sparkle Holdings Limited): +35.93%
- 2) OPEN (Opendoor Technologies Inc.): +19.14%
- 3) TROO (TROOPS, Inc.): +15.63%
- 4) NAMM (Namib Minerals): +13.54%
- 5) FET (Forum Energy Technologies, Inc.): +13.46%
Today’s Economic Dates
- 8:30 AM ET: GDP (Q4)
- 8:30 AM ET: Personal income (Dec.)
- 8:30 AM ET: Personal spending (Dec.)
Yesterday's Biggest Movers
- 1) NAMM (Namib Minerals): +37.12%
- Regained compliance with Nasdaq's minimum market value of publicly held shares requirement.
- 2) BATL (Battalion Oil Corporation): +35.41%
- No notable news.
- 3) CDNL (Cardinal Infrastructure Group Inc.): +31.31%
- Acquired A.L. Grading Contractors, a site development solutions provider.
Today’s Notable Earnings
- DNOW (Dnow): Q4 2025 (Estimate: 0.140, Actual: N/A)
- AD (Array Digital Infr): Q4 2025 (Estimate: 0.310, Actual: N/A)
- HBM (Hudbay Minerals): Q4 2025 (Estimate: 0.390, Actual: N/A)
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