The market’s all-time highs come with a load of anxiety

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The market’s all-time highs come with a load of anxiety. ⚠️ Clouds and vertigo have tempered the S&P 500's new all-time highs in the form of heavy tariff threats, brewing discontent from trading partners and political allies, and a growing apprehension that inflation’s reacceleration — just barely under control — will only get worse. Yahoo Finance reports.

🛒 ShopSlow: Walmart forecasts sales for fiscal 2026 revenue below estimates on cautious spending. Yahoo Finance reports.

🚀 AIPhoton: STMicroelectronics to launch AI datacenter photonics chip developed with Amazon. Yahoo Finance reports.

🚨 DefenseDrain: Palantir Technologies shares fell 10% and continued to slide in after-hours trading, following a report that US Defense Secretary Pete Hegseth has asked officials for plans on how to slash military spending. Yahoo Finance reports.

🛍️ BabaBoom: Chinese giant Alibaba posts profit and revenue beat in December quarter amid strength in cloud unit. CNBC reports.

⚠️ SafetyShake: TikTok is laying off global staff at its trust and safety unit which handles content moderation as part of a restructuring, three sources familiar with the matter said on Thursday. Reuters reports.

📊 LenovoSurge: Chinese tech company Lenovo reported hefty gains in quarterly revenue and net profit that beat expectations and said it would benefit from the adoption of DeepSeek's artificial intelligence model in its products. Reuters reports.

✈️ TurbulAirbus: Airbus Group shares fell more than 2% in European trading Thursday after the planemaker missed profit expectations for the fourth quarter. Investing.com reports.

(All pricing and percent gains are based on Early Pre-Market from 4:00 AM to 7:00 AM Eastern Time)
Benzinga reports.

1. $WOK: WORK Medical Tech Group
Total gain: +79.51%

2. $FGEN: FibroGen
Total gain: +59.6%

3. $MNDR: Mobile-health Network
Total gain: +35.13%

4. $XOS: Xos
Total gain: +24.28%

5. $HLF: Herbalife
Total gain: +19.92%

Apple unveils cheaper iPhone 16e powerful enough to run AI

The new iPhone is called iPhone 16e, and it will retail for $599 when it goes on sale later this month.

The new iPhone 16e doesn’t have a home button and fingerprint sensor, instead, it uses Apple’s FaceID scanner and modern design including a sensor notch at the top of the screen. It uses Apple’s A18 chip, which is also used in the main iPhone 16 models. The updated processor means that the iPhone 16e can run all the same apps and games that more expensive iPhones can run. It comes in black and white.

The phone also includes Apple’s first cellular modem, which it calls C1. iPhones have used Qualcomm modems for the past few years. It also has a single camera lens, versus as many as three on the most advanced iPhones.

Apple is releasing a new low-cost iPhone as sales have been mixed in recent quarters and the company seeks growth for its most important product category. For the December quarter, Apple’s overall iPhone sales were down 1% on an annual basis. Apple still sold more than $69 billion of phones in the period.

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The closing price of the top three market percent gainers trading near or above $3 on February 19.

*All pricing and percent gains are based on regular market trading hours from 9:30am to 4:00pm Eastern Time

Benzinga reports

1. $JTAI: Jet AI
Total gain: +142%

The stock appeared to be moving on no notable news.

2. $EDIT: Editas Medicine
Total gain: +81.03%
The stock appeared to be moving on no notable news.

3. $OSRH: OSR Holdings
Total gain: +62.70%
The stock appeared to be moving on no notable news.

Time (ET) / Report / Period

8:30 am - Initial jobless claims - February 15
8:30 am - Philadelphia Fed manufacturing survey - February
9:35 am - Chicago Fed President Austan Goolsbee speaks

“Over the long term, following a sound investment strategy works much better than relying on luck.”

― Joel Greenblatt

Sourced in:
“The Little Book That Still Beats the Market”, by Joel Greenblatt, published in
2010.