Friday, February 13, 2026: Stocks edged higher after a cooler January CPI (headline +0.2% m/m, +2.4% y/y; core +0.3% m/m, +2.5% y/y) eased rate-cut worries and helped steady markets following Thursday’s AI-driven selloff. ([investing.com](https://www.investing.com/news/economy-news/us-consumer-prices-rise-less-than-expected-in-january-4505490?utm_source=openai))
Thursday’s slump (S&P 500 −1.6%, Nasdaq −2.0%) was blamed on “AI displacement” worries that pressured software, logistics and other perceived losers; defensives and Treasuries firmed. ([apnews.com](https://apnews.com/article/220441c8c229d1b7e1beeacd502988fe?utm_source=openai))
Earnings and single-name news dominated moves: Applied Materials jumped on a strong AI-fueled outlook; Arista Networks gained on results; Coinbase rose despite a quarterly loss; Rivian soared on guidance; while DraftKings and Pinterest tumbled on weak outlooks. ([barrons.com](https://www.barrons.com/articles/stock-movers-9b7eaa16?utm_source=openai))