Morgan Stanley CEO Ted Pick’s pay jumps to $45 million as Wall Street’s $40 million club expands

Morgan Stanley CEO Ted Pick’s pay jumps to $45 million as Wall Street’s $40 million club expands

Morgan Stanley approved $45 million in total compensation for CEO Ted Pick for 2025, up from $34 million in 2024, according to a Wednesday filing. Three-fourths of Pick’s pay is deferred over three years and tied to performance targets. The award follows record 2025 net revenue of $70.6 billion and net income of $16.9 billion. Pick’s package exceeds the $37 million paid to former CEO James Gorman for 2023.
13 February 2026
Ramil Palafox Jailed 20 Years as PGI Global’s $200 Million Bitcoin Ponzi Case Hits Sentencing

Ramil Palafox Jailed 20 Years as PGI Global’s $200 Million Bitcoin Ponzi Case Hits Sentencing

Ramil Ventura Palafox, ex-CEO of Praetorian Group International, was sentenced Thursday in Virginia to 20 years for running a $200 million bitcoin Ponzi scheme. Prosecutors said investors lost at least $62.7 million after putting in over $201 million between 2019 and 2021. The SEC has filed a parallel civil case alleging $198 million in crypto and forex fraud. Palafox pleaded guilty last September.
13 February 2026
Expedia stock (EXPE) slides 5% after outlook puts 2026 margins in the spotlight

Expedia stock (EXPE) slides 5% after outlook puts 2026 margins in the spotlight

Expedia shares fell 5% to $215.89 after the company forecast slower full-year margin gains despite strong bookings. Fourth-quarter revenue rose 11% to $3.55 billion, with gross bookings up 11% to $27 billion. The company declared a $0.48 dividend payable March 26 and reported $1.6 billion left for buybacks. Cantor cut its price target, citing ongoing concerns about AI risks.
13 February 2026
Seagate (STX) stock turns choppy as $600 million notes exchange sets up next-week catalyst

Seagate (STX) stock turns choppy as $600 million notes exchange sets up next-week catalyst

Seagate shares edged up 0.1% to $431.46 Friday after swinging between $402.80 and $438.98. The company agreed to exchange $600 million in 3.50% exchangeable notes for nearly $599.2 million in cash and new shares, with settlement expected around Feb. 17. About $400 million in notes will remain outstanding. Investors await final details on the share issuance and upcoming investor events starting Feb. 25.
13 February 2026
FTSE 100 closes near record as deal buzz lifts London stocks — here’s what moved UK shares

FTSE 100 closes near record as deal buzz lifts London stocks — here’s what moved UK shares

The FTSE 100 closed up 0.42% at 10,446.35, near record highs, with deal activity and rate-cut bets offsetting AI disruption concerns. NatWest dropped 2.5% after posting £7.7 billion in 2025 pretax profit and announcing a £750 million buyback. Defence shares outperformed, while sterling headed for its biggest weekly loss versus the euro in over two months. Bank of England officials pushed back on rapid rate-cut expectations.
Eli Lilly stock price climbs as $1.5 billion pill stockpile sharpens focus on FDA April decision

Eli Lilly stock price climbs as $1.5 billion pill stockpile sharpens focus on FDA April decision

Eli Lilly shares rose 0.6% to $1,044.62 after the company disclosed $1.5 billion in pre-launch inventory for its experimental obesity pill, orforglipron, ahead of an expected FDA decision in April. The company also repurchased $4.1 billion in shares in 2025 and raised its quarterly dividend. Chinese regulators approved Lilly’s mirikizumab for Crohn’s disease and ulcerative colitis. U.S. stocks slipped in midday trading.
Shopify stock price bounces, but investors keep one eye on margins and the Feb. 17 buyback start

Shopify stock price bounces, but investors keep one eye on margins and the Feb. 17 buyback start

13 February 2026
Shopify shares rose 1.6% to $112.40 Friday after two days of steep losses, following news its $2 billion buyback program will start Feb. 17. The company missed earnings estimates due to spending on AI and expansion, and its cash-flow margin outlook unsettled investors. Fourth-quarter revenue grew 31% to $3.672 billion. TD Cowen upgraded the stock to “Buy” after the pullback.
JPMorgan stock price steadies after cash-sweep lawsuit ruling as Fed minutes loom

JPMorgan stock price steadies after cash-sweep lawsuit ruling as Fed minutes loom

A U.S. judge ruled JPMorgan Chase customers can pursue parts of a class action over low cash-sweep interest rates, with shares up 0.2% at $303.36 Friday. JPMorgan named Guy Halamish chief operating officer for data and AI in a new internal shake-up. U.S. stocks edged lower, heading for their worst week since November. Bank shares were mixed in late morning trading.
Netflix stock flat as Warner deal fight widens; NFLX traders eye the next dates

Netflix stock flat as Warner deal fight widens; NFLX traders eye the next dates

Netflix shares were flat at $75.90 Friday after reports of a possible board fight at Warner Bros Discovery over a deal with Netflix. Co-CEO Greg Peters sold 27,312 shares on Feb. 10, while Chief Global Affairs Officer Cletus Willems sold 3,136 shares, SEC filings showed. U.S. consumer prices rose 0.2% in January, with core CPI up 0.3%. Treasury yields slipped after the inflation data.
Palantir stock (PLTR) rebounds after Burry’s $46 warning; DISA approval in focus

Palantir stock (PLTR) rebounds after Burry’s $46 warning; DISA approval in focus

13 February 2026
Palantir shares rose 1.2% to $130.71 in early New York trading Friday after a steep drop Thursday, as investors reacted to Michael Burry’s bearish note and new U.S. defense cloud approvals. Burry disclosed put options and suggested the stock could be worth as little as $46. Palantir reported strong government revenue growth in its latest quarter. Markets will close Monday for Presidents Day.
Belden stock price slips after earnings pop — what BDC investors are watching next

Belden stock price slips after earnings pop — what BDC investors are watching next

Belden shares fell 1.7% to $148.27 Friday morning, following a 6.1% jump after reporting record fourth-quarter revenue of $720 million and adjusted earnings of $2.08 per share. The company forecast first-quarter revenue of $675 million to $690 million, above Wall Street estimates. CFO Jeremy Parks said inflation has not hurt demand. Investors await first-quarter results due after March 29.
Watts Water Technologies stock dips today after earnings surge as WTS outlook comes into focus

Watts Water Technologies stock dips today after earnings surge as WTS outlook comes into focus

Watts Water Technologies shares fell 1% to $332.76 in early New York trade Friday, after jumping 6% Thursday on strong quarterly results. Fourth-quarter sales rose 16% to $625 million, with adjusted earnings up 28% to $2.62 per share. The company forecast 2026 reported sales growth of 8% to 12%. KeyBanc raised its price target to $360.
Apple stock price slips again as FTC Apple News warning and Siri AI delay report weigh on AAPL

Apple stock price slips again as FTC Apple News warning and Siri AI delay report weigh on AAPL

Apple shares fell 0.9% to $259.29 Friday morning after a 5% drop Thursday erased $200 billion in market value. The Federal Trade Commission warned Apple over alleged suppression of conservative outlets on Apple News, while a Bloomberg report said new Siri features may be delayed. Apple won a jury verdict in a 4G LTE patent dispute with Optis Wireless. The annual shareholder meeting is set for Feb. 24.
Microsoft stock price today: MSFT edges up after cool CPI, Aramco Azure AI pact

Microsoft stock price today: MSFT edges up after cool CPI, Aramco Azure AI pact

Microsoft shares rose 0.3% to $403.20 Friday morning after U.S. inflation data came in softer than expected. Saudi Aramco signed a non-binding MoU with Microsoft to explore industrial AI on Azure. Investors remain cautious about Big Tech’s AI spending, with Microsoft stock still down about 27% from its 52-week high. The company’s $0.91 dividend goes ex-dividend Feb. 19.
Performance Food Group stock steadies near $98 after an 8% surge — here’s what Wall Street is watching

Performance Food Group stock steadies near $98 after an 8% surge — here’s what Wall Street is watching

Performance Food Group shares held near $98 Friday after a sharp rally Thursday, following strong results from peer US Foods. PFG expects to close a $1.06 billion debt refinancing next week, redeeming 2027 notes. The company recently reported a 5.2% rise in quarterly net sales and narrowed its 2026 outlook, citing higher integration costs and margin pressure from deflation in some food categories.
Tesla stock price slips today: TSLA drifts as a $550 bull call runs into Fed-rate math

Tesla stock price slips today: TSLA drifts as a $550 bull call runs into Fed-rate math

Tesla shares fell 0.4% to $415.51 in Friday morning trading, following a 2.7% drop Thursday despite Tigress Research setting a $550 price target. Softer U.S. inflation data steadied rate-cut expectations, but traders remained cautious on high-valuation stocks. Investors are watching for clearer timelines on Tesla’s autonomy and robotics initiatives. U.S. markets will close Monday for Presidents Day.
Trinity Industries stock price jumps after Q4 numbers; 2026 outlook puts lease rates in focus

Trinity Industries stock price jumps after Q4 numbers; 2026 outlook puts lease rates in focus

Trinity Industries shares jumped 9% premarket to $34.58 after forecasting 2026 EPS of $1.85 to $2.10, citing higher lease rates and gains from used railcar sales. Fourth-quarter revenue fell to $611.2 million, but diluted EPS rose to $2.31 on a $194 million non-cash gain. Lease fleet utilization reached 97.1%, with a backlog of about $1.7 billion.
Equinix stock hovers near $960 premarket after 10% jump on AI-linked 2026 outlook

Equinix stock hovers near $960 premarket after 10% jump on AI-linked 2026 outlook

Equinix shares rose 0.2% to $959.99 premarket Friday after a 10.4% jump Thursday, following raised 2026 revenue guidance and a 10% dividend hike to $5.16 per share. Fourth-quarter revenue reached $2.42 billion with net income of $264 million, reversing a year-ago loss. Investors are watching inflation data and interest-rate moves for impact on real estate stocks.
Akamai stock holds near $105 after 10% pop as Fastly’s results jolt the edge trade

Akamai stock holds near $105 after 10% pop as Fastly’s results jolt the edge trade

Akamai shares held steady in premarket trading Friday after jumping 10.35% to $104.61 on Thursday, following Fastly’s upbeat forecast and AI-driven traffic commentary. Investors are awaiting Akamai’s fourth-quarter results and guidance, due Feb. 19, with Wall Street expecting earnings of $1.75 per share on $1.08 billion in revenue.
IPG Photonics stock (IPGP) steadies premarket after 35% surge on earnings, $100 million buyback

IPG Photonics stock (IPGP) steadies premarket after 35% surge on earnings, $100 million buyback

IPG Photonics shares were flat in premarket trading near $150 after a 35% surge Thursday, which set a 52-week high. The company reported fourth-quarter revenue up 17% to $274.5 million, but gross margin slipped to 36.1%. The board approved a $100 million share buyback. Raymond James downgraded the stock on valuation but raised its price target to $180.
AirAsia X back to London: Daily Kuala Lumpur–Bahrain–Gatwick flights start June 26, 2026

AirAsia X back to London: Daily Kuala Lumpur–Bahrain–Gatwick flights start June 26, 2026

13 February 2026
AirAsia X will launch daily flights between London Gatwick and Kuala Lumpur via Bahrain starting June 26, 2026, using Airbus A330s, Gatwick Airport said Friday. The airline plans to base up to 100 aircraft in Bahrain within eight years and is seeking a Bahrain air operator certificate. Introductory one-way fares start at RM99 to Bahrain and RM199 to London, with sales open until Feb. 22.
Vale (VALE) stock slips in premarket as nickel write-down swamps earnings beat

Vale (VALE) stock slips in premarket as nickel write-down swamps earnings beat

13 February 2026
Vale S.A.’s U.S. shares fell about 2% premarket after the miner reported a $3.8 billion quarterly net loss, driven by a $3.5 billion impairment on Canadian nickel assets and a $2.8 billion tax write-off. Vale raised Samarco provisions by $449 million for U.K. dam litigation. Pro forma EBITDA reached $4.8 billion. A management call is set for 11:00 a.m. Brasilia time.
Lloyds share price slips in London as buyback rolls on and UK rate-cut bets loom

Lloyds share price slips in London as buyback rolls on and UK rate-cut bets loom

13 February 2026
Lloyds Banking Group shares fell 1.4% to 100.95 pence by late morning in London after weak UK GDP data heightened expectations for a Bank of England rate cut. The bank disclosed a 10 million share buyback on Feb. 12 and published its annual report, with no new financial figures. Investors await Lloyds’ Q1 update on April 29 and the April 9 ex-dividend date.
Go toTop