Stock Market Summary – February 12, 2026

Investors remain concerned about the disruptive potential of artificial intelligence, leading to a series of sell-offs in commercial real estate stocks with CBRE tumbling 12.8%, Jones Lang LaSalle falling 11.1%, and Hudson Pacific Properties shedding over 8%, while SL Green Realty dropped 8% and BXP shed 5.4%. Fear related to AI disruption similarly affected trucking and logistics stocks, with shares of C.H. Robinson Worldwide and RXO plummeting 20% and 25% respectively.

Crocs and Zebra Technologies experienced gains as a result of upbeat earnings and revenue forecasts, with Crocs seeing shares surge 21% and Zebra Technologies stocks jump nearly 13%. Conversely, the Cisco Systems and AppLovin dropped significantly – 12% and 18% correspondingly. Cisco’s forecast disappointed due to rising memory chip costs whereas despite beating profit and sales estimates AppLovin saw a major fall.

Meanwhile, the stock market is expected to react significantly to Friday’s consumer price index (CPI), which could dictate the outcome of a turbulent week for major stock averages. JPMorgan outlined a number of scenarios for CPI results and how this might influence stock performance, acknowledging the greater likelihood of a ‘hawkish print’ scenario leading to losses in S&P 500.

Finally, a number of important earnings reports were issued on Friday, with particular focus on the results of McDonald’s, Burger King parent company Restaurant Brands, and the fast-food industry in general. Despite this, the market remains preoccupied with rising tariffs and tech IPOs caused significant disruption in the tech capital markets.