tech-weakness

12
Feb

Stock Market News — February 12, 2026 — Breaking Developments (last 12 hours) Morning Update, PST

Tech sector bloodbath: Cisco, Dell, HP sink on AI disruption fears and memory shortage. ICON crashes 30% on accounting probe. C.H. Robinson plunges 20% as Google AI threatens freight brokers. Sanofi ousts CEO amid -6% drop. Bright spots: Fastly surges 64%, Crocs +20%, utilities rally on AI demand.
18 min read