US economic calendar today: Jobless claims at 212,000 as Nvidia slides and Nasdaq dips

US economic calendar today: Jobless claims at 212,000 as Nvidia slides and Nasdaq dips

Nvidia shares fell 4.99% Thursday despite reporting quarterly revenue of $39.33 billion and forecasting above-consensus sales. The S&P 500 dropped 0.77% and the Nasdaq slid 1.51% as investors reduced exposure to megacap tech. Weekly jobless claims rose to 212,000. Salesforce issued a revenue forecast below estimates and announced a $50 billion buyback.
February 26, 2026

Western Digital stock price slides as Nvidia jitters hit AI-linked storage names

Western Digital stock price slides as Nvidia jitters hit AI-linked storage names

February 26, 2026
Western Digital shares fell 5.3% to $275.65 by midday Thursday, tracking declines in tech stocks after Nvidia’s results. The drop followed S&P Global Ratings’ upgrade of Western Digital to BBB- earlier in the week. The company recently redeemed senior notes and eliminated its Series A preferred stock. Management is set to present at Morgan Stanley’s TMT Conference on March 3.
CrowdStrike stock rebounds after AI scare as VAST partnership, FalconID rollout hit tape

CrowdStrike stock rebounds after AI scare as VAST partnership, FalconID rollout hit tape

February 26, 2026
CrowdStrike shares rose 3.9% to $377.38 in midday trading Thursday, rebounding after a sharp selloff in cybersecurity stocks this week. The company announced a new AI partnership with VAST Data and launched FalconID, a multi-factor authentication product. Investors await CrowdStrike’s March 3 earnings report for updates on demand. DA Davidson cut its price target to $425 from $580, citing recent volatility.
UnitedHealth stock price drops as Medicare Advantage enrollment slips; UNH investors eye CMS rates

UnitedHealth stock price drops as Medicare Advantage enrollment slips; UNH investors eye CMS rates

February 26, 2026
UnitedHealth Group shares fell 2.6% to $284.20 Thursday after federal data showed its Medicare Advantage enrollment dropped over 5% year-over-year to 9.3 million. The board approved a $2.21 quarterly dividend. A securities filing added a two-year holding period to CEO Stephen Hemsley’s stock options. CMS will announce final 2027 Medicare Advantage rates by April 6.
Corning stock price drops 4% as Citi’s $170 target puts OFC conference in focus

Corning stock price drops 4% as Citi’s $170 target puts OFC conference in focus

February 26, 2026
Corning shares fell 4.1% to $153.90 by late Thursday morning, reversing after hitting a 52-week high the day before. Citigroup raised its price target to $170 and put Corning on a 30-day “catalyst watch” ahead of the Optical Fiber Communication conference in March. Traders are watching for management comments and updates on AI data-center optical demand. Trading volume neared 9.6 million shares as the Nasdaq dropped 1.3%.
Snowflake stock rises in New York trade after upbeat outlook; AI deals, margins in focus

Snowflake stock rises in New York trade after upbeat outlook; AI deals, margins in focus

February 26, 2026
Snowflake shares rose 3.6% to $175.47 in late-morning New York trading after the company posted quarterly revenue of $1.28 billion, up 30%, and forecast fiscal 2027 product revenue above analyst estimates. CEO Sridhar Ramaswamy said Snowflake signed its largest deal yet, over $400 million, and struck multi-year agreements with OpenAI and Anthropic.
Lumentum stock drops 5% in regular session — why LITE is swinging and what’s next

Lumentum stock drops 5% in regular session — why LITE is swinging and what’s next

February 26, 2026
Lumentum shares fell 5.1% to $686.69 Thursday, reversing the prior day's gain, as the Nasdaq dropped 1.3%. The stock traded between $662 and $728 with no new company news since early February. Investors await updates from management’s investor meetings and a March 2 conference webcast. Wall Street’s average one-year price target stands at $565.29.
Alphabet (Google) Class C stock price slides as EU search shake-up looms; March 3 CFO talk next

Alphabet (Google) Class C stock price slides as EU search shake-up looms; March 3 CFO talk next

February 26, 2026
Alphabet’s Class C shares dropped 2.9% to $303.93 Thursday morning after reports Google will test changes to its European search results as EU regulators review possible Digital Markets Act violations. Google also signed new power supply deals for data centers in Minnesota and Texas. A Russian court fined Google over 22 million roubles for distributing VPNs. Investors await CFO Anat Ashkenazi’s update on March 3.
Nvidia Stock Price Targets Pop After $78B Forecast as RBC, Truist Lift Views

Nvidia Stock Price Targets Pop After $78B Forecast as RBC, Truist Lift Views

February 26, 2026
RBC raised its Nvidia price target to $250 and Truist to $283 after Nvidia forecast first-quarter revenue of about $78 billion, excluding China data-center compute sales. HSBC trimmed its target to $310, citing valuation and custom AI chip competition. Nvidia shares fell about 3% in early trading. Wall Street’s average target stands at $271.32, with most analysts rating the stock a buy.
AMD stock price drops today as Meta warrant terms and Nutanix AI deal hit the tape

AMD stock price drops today as Meta warrant terms and Nutanix AI deal hit the tape

February 26, 2026
AMD shares dropped 2.3% to $206.00 in early trading Thursday after volatile moves tied to new AI chip supply deals with Meta and Nutanix. The Meta pact includes a warrant to buy up to 160 million AMD shares at $0.01, vesting as chip shipments hit milestones. Investors await more details on margins and supply at AMD’s March 3 conference appearance.
Nvidia stock drops after earnings beat — NVDA investors eye China sales, March GTC

Nvidia stock drops after earnings beat — NVDA investors eye China sales, March GTC

February 26, 2026
Nvidia shares fell 3.6% to $188.42 in early New York trading Thursday despite reporting quarterly revenue and earnings above Wall Street estimates and issuing a strong forecast. The company’s outlook excludes China data-center chip revenue, though Nvidia has U.S. licenses to ship limited H200 chips there. Traders await more details at Nvidia’s March GTC keynote.
Figma stock slips in early trade after two-day rally as insider filings hit tape

Figma stock slips in early trade after two-day rally as insider filings hit tape

February 26, 2026
Figma shares fell 0.9% to $30.96 in early Thursday trading, paring gains after two days of double-digit rallies. Director Andrew Reed disclosed buying over 554,000 shares last week, while a Form 144 flagged potential insider sales. The moves follow Figma’s strong fourth-quarter results and ahead of planned pricing changes in March. Investors await the next earnings report on May 14.
AXT (AXTI) stock slips premarket after a 44% two-day surge — export permits and Nvidia’s outlook in focus

AXT (AXTI) stock slips premarket after a 44% two-day surge — export permits and Nvidia’s outlook in focus

February 26, 2026
AXT Inc shares fell 2.4% to $39.99 in premarket trading Thursday after a 44% rally over two days. The company, which makes indium phosphide substrates used in AI infrastructure, faces uncertainty over Chinese export permits. AXT trimmed its Q4 revenue outlook in January citing permit delays. Next quarterly results are due April 23.
Photronics stock (PLAB) steadies premarket after 15% earnings jump — what to watch next

Photronics stock (PLAB) steadies premarket after 15% earnings jump — what to watch next

February 26, 2026
Photronics shares rose 0.3% premarket Thursday after a 14.7% surge Wednesday, closing at $43.57. The company reported first-quarter revenue up 6.1% to $225.1 million and GAAP net income of $42.9 million. Second-quarter revenue guidance was $212–$220 million, with non-GAAP EPS of $0.49–$0.55. Investors await management’s Feb. 27 call for updates on chip and display demand.
AMD stock price dips in premarket as Meta mega-deal meets dilution questions and a fresh Nutanix tie-up

AMD stock price dips in premarket as Meta mega-deal meets dilution questions and a fresh Nutanix tie-up

February 26, 2026
AMD shares fell 1.3% to $208.15 in premarket trading Thursday after a two-day AI-driven rally. The drop follows news of a multi-year Meta supply deal involving warrants for up to 160 million AMD shares, and a $150 million investment in Nutanix. Investors remain cautious about AI monetization and dilution risks tied to the Meta agreement. U.S. stock index futures showed little movement after Nvidia’s earnings.