Stock Market Summary – February 19, 2026

1. A combination of earnings reports and market-wide trends impacted stocks, including Klarna, Blue Owl Capital, Omnicom, Lockheed Martin, Walmart, Deere, DoorDash, Etsy, Figma, Carvana, Molson Coors Beverage, Occidental Petroleum, and Six Flags Entertainment. Klarna’s shares dropped by 25% as its Q1 operating income guidance fell short of expectations. Omnicom’s shares surged by 13% after reporting Q4 revenue of $5.5 billion, up almost 28% YoY and announcing a $5 billion share buyback. Deere’s shares rose by 13% after beating top and bottom-line expectations.

2. President Trump signed an executive order invoking the Defence Production Act to compel the domestic production of elemental phosphorus and glyphosate-based herbicides. The move has been contentious, particularly among those alleging that glyphosate, the chemical in Bayer-Monsanto’s Roundup, causes cancer.

3. President Trump announced plans to decide whether to launch military strikes against Iran within the next 10 days. This announcement prompted a rise in U.S. crude oil prices by $1.24 or 1.9%, to close at $66.43 per barrel.

4. Walmart shares slid by over 2% after the company’s guidance for the current fiscal year was softer than anticipated. Despite exceeding Wall Street’s expectations for the fourth quarter, the company anticipates a lower adjusted earnings per share for the full fiscal year, below Wall Street’s forecast.

5. New York Governor Kathy Hochul pulled a proposal which would have allowed commercial robotaxi services, such as Waymo, to operate in some parts of the state. Despite this setback, Waymo’s testing in New York City remains unaffected.

6. Shares of Figma ended up 7% after the company reported Q4 results that exceeded analysts’ expectations, with a 40% YoY growth in revenue. Despite this, some analysts have noted that AI risks remain for software companies.

7. Jim Cramer’s Investing Club suggested that the geopolitical uncertainty and tensions between the U.S. and Iran could be driving some traders to reduce their equity exposure into the forthcoming weekend.

Specific numbers for the Dow, S&P, and Nasdaq are not provided in the provided articles. Similarly, the main gainers and losers in the stock market were not explicitly mentioned. The performance of individual stocks is detailed, but a comprehensive summary is not provided.