US Stock Market Sector Analysis – Wednesday, February 11, 2026
BULLISH
The US stock market witnessed a mixed performance today, driven by notable earnings beats from key players. EQIX surged after reporting an EPS of $8.91, significantly higher than the expected $3.93, pushing the Infrastructure sector up by 6.4%. Telecom also saw gains, buoyed by T-Mobile's EPS of $2.14 against estimates of $2.10, despite some subscriber target misses. Overall, 14 out of 22 sectors closed higher, with the S&P 500 reflecting a broad rally despite a downturn in the Magnificent 7, which collectively dropped by 0.6%.
Market Condition Dashboard
US 10-Year Treasury Yield
Wait & Watch
4.18%
stable
Impact
Confidence
Crude Oil (WTI)
Neutral
$64.63
+1.1% 1D
Impact
Confidence
VIX (Fear Index)
Normal Range
17.6
-0.8% 1D
Impact
Confidence
200-Day Moving Average
Bullish Trend Intact
0/3 below
SPY above (+7.3%), QQQ above (+5.9%), DIA above (+10.2%)
Impact
Confidence
Tracked Stocks Breadth (50DMA)
Pause Discretionary Adds
63%
43 of 68 above 50DMA · 20DMA 68% · -2.9pp 5D
Impact
Confidence
Put/Call Ratio (5D)
Caution
0.77
Call-Heavy · stable
Impact
Confidence
Signal analysis only — not investment advice
Sector Performance (Base=100)
Today's Market Events
Key Headlines
CoreWeave shares tumble after the company’s quarterly report and forward-looking commentary fail to soothe a market that had pushed the stock sharply higher this year. Management reports beating revenue and reaffirming 2026 ARR targets, while CEO Michael says demand from AI labs and new verticals is overwhelming and that operating margins should expand as recently built infrastructure begins billing later in the year. Investors are reacting to guidance nuance despite an expanded backlog and large customer wins including Anthropic and reported deals tied to Meta, as well as continued business with OpenAI. Market participants note the stock’s extreme year-to-date run-up amplified sensitivity to any hint of slower near-term growth or timing risks on capacity coming online.
Other technology names move on fresh corporate developments and layoffs that underscore the sector’s uneven recovery. Cloudflare (NET) announces a sizable headcount reduction, cutting roughly a fifth of roles as the company leans into AI-driven efficiency, while Airbnb (ABNB) and Coinbase (COIN) report mixed results and continue to reshape cost structures after recent workforce cuts. Lyft (LYFT) posts a strong bookings quarter with over $1 billion in free cash flow and highlights international expansion and rewards partnerships as growth levers, even as investors scrutinize margin implications. DraftKings (DKNG) and other consumer-facing tech firms show pockets of revenue momentum but the broader information-technology sector remains under pressure after 16 months of declines in IT employment.
Semiconductor and AI supply-chain issues remain front and center as market watchers parse relationships between customers and chip suppliers. NVIDIA (NVDA) is cited as a critical partner for cloud infrastructure providers, and CoreWeave says the NVIDIA relationship validates demand even as NVIDIA sells to rivals; management emphasizes diversification of data-center footprint and increased self-build efforts to avoid single-site bottlenecks. Separately, U.S.-China trade and export controls continue to influence strategy: Baidu’s chip unit is planning a dual IPO targeting near $15 billion, and reports about server shipments and potential diversions to Chinese users underscore geopolitical and compliance risks for hardware distribution. Investors are watching regulatory developments ahead of high-level U.S.-China engagements that could affect access to advanced H100/H200-class accelerators.
Macro and labor themes tie into the technology narrative as policymakers and companies adapt to AI-driven change in the workforce. U.S. payrolls and labor-market data are mixed: overall jobs beat expectations but tech employment remains weak, and experts warn that AI is reshaping entry-level hiring and skills demand for new graduates. SoftBank trims a planned loan-backed financing target from $10 billion to about $6 billion amid investor caution tied to valuations of unlisted AI assets, and AST SpaceMobile (ASTS) remains a retail-investor favorite despite heightened volatility. Cybersecurity incidents disrupting college portals and debates over regulatory lists targeting Chinese firms add to a complex risk backdrop for markets and corporate strategy.
Earnings Releases
Equinix (EQIX)EPS: $8.91 vs est $3.93 (beat)
McDonald's (MCD)EPS: $3.12 vs est $3.07 (beat)
Vertiv (VRT)EPS: $1.36 vs est $1.29 (beat)
T-Mobile (TMUS)EPS: $2.14 vs est $2.10 (beat)
AI and Technology Sector Analysis
Today's market dynamics reflect a nuanced response to the AI/technology investment theme. The Magnificent 7 faced headwinds, with MSFT down 2.2% at $404.37 and AMZN declining 1.4% to $204.08, highlighting investor caution amidst broader tech sector volatility. Meanwhile, the Chip Supply Chain sector rose by 2.9% as companies continue to adapt to supply constraints, reinforcing the importance of infrastructure and enterprise software investments in this evolving landscape.
The Infrastructure sector surged by 6.4%, driven largely by Vertiv Holdings Co (VRT), which skyrocketed 24.5% to $248.51 following a strong earnings report. This performance aligns with the sector's positive 20-day trend of +21.3%, indicating robust investor confidence, particularly as infrastructure plays continue to benefit from increased capital expenditures.
Telecom stocks demonstrated resilience today, gaining 4.1% overall, with T-Mobile (TMUS) leading the charge with a 5.1% increase to $209.54. Despite missing subscriber targets, the company's slight EPS beat suggests that the competitive landscape may not deter growth prospects in this sector, which has seen a 17.6% rise over the last 20 days.
The Biotech sector also performed well, climbing by 3.2% today, fueled by Gilead Sciences (GILD), which advanced 5.8% to $155.80 on positive news surrounding its Yescarta label expansion and dividend growth. The sector's positive momentum continues with an 18.5% rise over the past 20 days, demonstrating strong fundamentals amidst wider market fluctuations.
In stark contrast, the Enterprise Software sector faced significant challenges today, dropping by 3.9%, with heavyweights like Salesforce (CRM) down 4.4% to $185.00 and ServiceNow (NOW) falling 5.5% to $100.58. This sector has struggled with a 21.9% decline over the past 20 days, prompting high alert counts as investors reassess their positions amid broader tech sector weaknesses.
The Cybersecurity sector's downturn, declining by 0.5% today, reflects persistent investor concerns, exacerbated by a 14.5% drop over the last 20 days. This trend indicates a growing caution towards tech investments, which may necessitate a reevaluation of strategies in a sector that has historically been viewed as resilient.
Market Breadth Analysis
US stock market breadth analysis shows 15 of 24 sectors trading above their 50-day moving average, while 9 are below. The majority of sectors holding above the 50-day MA indicates healthy medium-term momentum. With 17 sectors positive over 20 days, buying pressure remains broad-based.
Interactive Charts
S&P 500 & NASDAQ 100
50-Day Sector Performance
1-Day vs 5-Day Sector Change
Active Alerts
HIGHEnterprise Software down -21.9% over 20 days
HIGHHealthcare down -11.1% over 20 days
HIGHIT Services down -15.7% over 20 days
HIGHCybersecurity down -14.5% over 20 days
HIGHEnterprise Software down -24.6% over 50 days
HIGHCybersecurity down -19.7% over 50 days
HIGH5 sectors declining >5% over 20 days: Enterprise Software, Healthcare, IT Services, Cybersecurity, Media & Entertainment
HIGH4 sectors declining >10% over 50 days: Enterprise Software, IT Services, Cybersecurity, Media & Entertainment
MEDIUMMSFT down -16.0% from 20-day high
MEDIUMAMZN down -16.6% from 20-day high
Stock-Level Detail
Mag 7 (AI Spenders)Show individual tickers
Ticker
Price
1D
5D
20D
50D
vs 50MA
Down Days
NVDA
$190.05
+0.8%
+10.6%
+3.8%
+5.6%
ABOVE
0
TSLA
$428.27
+0.7%
+7.8%
-2.5%
-0.4%
BELOW
0
AAPL
$275.50
+0.7%
-0.1%
+6.1%
-2.6%
ABOVE
0
META
$668.69
-0.3%
-0.2%
+8.6%
+4.4%
ABOVE
2
AMZN
$204.08
-1.4%
-8.4%
-13.8%
-12.7%
BELOW
7
MSFT
$403.45
-2.2%
+2.7%
-12.0%
-17.1%
BELOW
2
GOOG
$311.33
-2.3%
-6.0%
-7.4%
-1.1%
BELOW
2
Chip Supply ChainShow individual tickers
Ticker
Price
1D
5D
20D
50D
vs 50MA
Down Days
TSM
$374.09
+3.4%
+13.1%
+14.4%
+30.4%
ABOVE
0
INTC
$48.29
+2.5%
+0.1%
-0.9%
+20.7%
ABOVE
0
AVGO
$342.76
+0.7%
+10.4%
+0.8%
-11.1%
BELOW
0
QCOM
$141.04
+0.7%
+3.5%
-14.3%
-15.6%
BELOW
0
AMD
$213.58
+0.0%
+11.0%
-4.5%
-2.8%
BELOW
0
ARM
$125.28
-0.5%
+13.0%
+19.3%
-7.2%
ABOVE
1
MRVL
$81.34
-0.8%
+9.6%
+0.2%
-10.6%
BELOW
2
InfrastructureShow individual tickers
Ticker
Price
1D
5D
20D
50D
vs 50MA
Down Days
VRT
$248.51
+24.5%
+39.8%
+45.4%
+38.7%
ABOVE
0
HPE
$23.81
-0.7%
+4.8%
+7.8%
+9.2%
ABOVE
1
CSCO
$85.54
-0.9%
+3.9%
+15.0%
+13.1%
ABOVE
2
DELL
$124.16
-1.5%
+7.6%
+5.1%
-5.6%
BELOW
1
SMCI
$32.04
-3.9%
+3.9%
+13.3%
-4.1%
ABOVE
3
Enterprise SoftwareShow individual tickers
Ticker
Price
1D
5D
20D
50D
vs 50MA
Down Days
PLTR
$135.68
-2.7%
+4.4%
-23.9%
-19.0%
BELOW
2
ADBE
$257.16
-2.8%
-4.5%
-15.5%
-20.3%
BELOW
5
CRM
$185.00
-4.4%
-2.6%
-22.8%
-20.4%
BELOW
2
NOW
$100.58
-5.5%
-2.0%
-25.3%
-38.8%
BELOW
1
FinanceShow individual tickers
Ticker
Price
1D
5D
20D
50D
vs 50MA
Down Days
GS
$944.59
-0.5%
+6.1%
+1.3%
+17.1%
ABOVE
1
JPM
$310.82
-2.3%
+0.2%
+1.0%
+1.1%
BELOW
3
HealthcareShow individual tickers
Ticker
Price
1D
5D
20D
50D
vs 50MA
Down Days
UNH
$278.91
+2.1%
+3.9%
-16.7%
-13.1%
BELOW
0
LLY
$1013.52
-1.0%
-0.6%
-5.4%
-4.2%
BELOW
3
RetailShow individual tickers
Ticker
Price
1D
5D
20D
50D
vs 50MA
Down Days
WMT
$128.77
+1.6%
+1.4%
+7.3%
+15.7%
ABOVE
0
COST
$978.14
+0.7%
-1.1%
+2.9%
+7.4%
ABOVE
0
IT ServicesShow individual tickers
Ticker
Price
1D
5D
20D
50D
vs 50MA
Down Days
ACN
$230.43
-4.3%
-1.3%
-20.1%
-10.5%
BELOW
1
IBM
$272.81
-6.5%
-5.4%
-11.2%
-10.2%
BELOW
3
AirlinesShow individual tickers
Ticker
Price
1D
5D
20D
50D
vs 50MA
Down Days
UAL
$113.94
-2.1%
+7.4%
+2.9%
+12.7%
ABOVE
1
DAL
$71.23
-4.1%
+2.4%
+4.3%
+11.0%
ABOVE
3
Hospitality & TravelShow individual tickers
Ticker
Price
1D
5D
20D
50D
vs 50MA
Down Days
BKNG
$172.50
+0.7%
-2.9%
-16.9%
-11.7%
BELOW
0
MAR
$358.06
-0.2%
+9.9%
+12.2%
+18.0%
ABOVE
1
Food & RestaurantShow individual tickers
Ticker
Price
1D
5D
20D
50D
vs 50MA
Down Days
SBUX
$98.48
+1.6%
+3.2%
+8.7%
+16.0%
ABOVE
0
MCD
$323.21
-0.8%
-0.1%
+4.9%
+6.5%
ABOVE
1
LogisticsShow individual tickers
Ticker
Price
1D
5D
20D
50D
vs 50MA
Down Days
UPS
$118.35
+1.1%
+3.0%
+11.7%
+24.3%
ABOVE
0
FDX
$367.16
-0.2%
+0.9%
+17.1%
+35.0%
ABOVE
1
IndustrialShow individual tickers
Ticker
Price
1D
5D
20D
50D
vs 50MA
Down Days
CAT
$775.00
+4.4%
+14.3%
+21.6%
+36.7%
ABOVE
0
HON
$241.50
-0.3%
+3.8%
+13.9%
+27.0%
ABOVE
1
CybersecurityShow individual tickers
Ticker
Price
1D
5D
20D
50D
vs 50MA
Down Days
CRWD
$415.81
+0.6%
+10.2%
-9.7%
-17.5%
BELOW
0
PANW
$165.30
-0.1%
+6.8%
-13.4%
-11.9%
BELOW
2
ZS
$171.00
-1.9%
+1.0%
-20.2%
-29.7%
BELOW
1
Chip EquipmentShow individual tickers
Ticker
Price
1D
5D
20D
50D
vs 50MA
Down Days
LRCX
$235.12
+3.8%
+10.2%
+12.6%
+52.1%
ABOVE
0
AMAT
$339.46
+3.3%
+11.8%
+12.6%
+33.3%
ABOVE
0
ASML
$1435.63
+1.6%
+6.5%
+13.8%
+32.1%
ABOVE
0
Data Center REITsShow individual tickers
Ticker
Price
1D
5D
20D
50D
vs 50MA
Down Days
EQIX
$862.82
+1.3%
+7.4%
+8.6%
+17.7%
ABOVE
0
DLR
$174.57
+1.2%
+6.0%
+9.6%
+12.5%
ABOVE
0
UtilitiesShow individual tickers
Ticker
Price
1D
5D
20D
50D
vs 50MA
Down Days
DUK
$124.14
+1.3%
+1.5%
+5.5%
+2.8%
ABOVE
0
NEE
$90.74
+0.6%
+2.4%
+11.4%
+7.2%
ABOVE
0
SO
$90.15
+0.2%
-0.2%
+2.8%
+1.3%
ABOVE
0
EnergyShow individual tickers
Ticker
Price
1D
5D
20D
50D
vs 50MA
Down Days
XOM
$154.53
+2.6%
+6.5%
+19.5%
+32.5%
ABOVE
0
CVX
$184.02
+2.0%
+3.7%
+11.1%
+20.6%
ABOVE
0
Defense & AerospaceShow individual tickers
Ticker
Price
1D
5D
20D
50D
vs 50MA
Down Days
RTX
$195.86
+0.7%
+0.3%
-1.2%
+16.6%
ABOVE
0
LMT
$628.70
-0.1%
+3.2%
+9.8%
+43.1%
ABOVE
2
GD
$346.34
-3.5%
-1.6%
-5.0%
+4.6%
BELOW
2
TelecomShow individual tickers
Ticker
Price
1D
5D
20D
50D
vs 50MA
Down Days
TMUS
$208.54
+5.1%
+3.8%
+9.1%
+0.9%
ABOVE
0
T
$28.47
+3.9%
+4.2%
+20.6%
+11.7%
ABOVE
0
VZ
$48.97
+3.3%
+4.0%
+22.9%
+22.3%
ABOVE
0
Media & EntertainmentShow individual tickers
Ticker
Price
1D
5D
20D
50D
vs 50MA
Down Days
DIS
$108.12
-1.7%
+3.0%
-4.8%
+1.9%
BELOW
1
NFLX
$79.62
-3.2%
-1.5%
-10.1%
-27.0%
BELOW
1
BiotechShow individual tickers
Ticker
Price
1D
5D
20D
50D
vs 50MA
Down Days
GILD
$155.80
+5.8%
+4.3%
+25.6%
+26.1%
ABOVE
0
AMGN
$364.06
+0.5%
-0.3%
+11.4%
+7.9%
ABOVE
0
MaterialsShow individual tickers
Ticker
Price
1D
5D
20D
50D
vs 50MA
Down Days
LIN
$467.51
+1.5%
+1.7%
+6.3%
+15.3%
ABOVE
0
APD
$293.14
+0.8%
+3.4%
+9.7%
+13.2%
ABOVE
0
Analog & Embedded ChipsShow individual tickers
Ticker
Price
1D
5D
20D
50D
vs 50MA
Down Days
MCHP
$80.28
+5.1%
+3.5%
+8.1%
+51.1%
ABOVE
0
TXN
$226.56
+2.6%
+1.2%
+17.1%
+34.7%
ABOVE
0
Key Stock Movers
Today's biggest movers by absolute percentage change: Vertiv (VRT) (Infrastructure) rose 24.5% to $248.51. IBM (IT Services) fell 6.5% to $272.81. Gilead (GILD) (Biotech) rose 5.8% to $155.80. ServiceNow (NOW) (Enterprise Software) fell 5.5% to $100.58. T-Mobile (TMUS) (Telecom) rose 5.1% to $208.54. These individual stock movements were key drivers of their respective sector performance.
Risk and Opportunity Assessment
On the risk side, 8 high-severity alerts are currently active, signaling significant sector declines that warrant portfolio risk management attention. Consider reducing exposure to affected sectors and tightening stop-loss levels.
US Stock Market Outlook
Looking ahead, market breadth metrics indicate that 13 sectors remain above their 50-day moving averages, providing a foundation for potential recovery. However, with heightened alert counts in the Enterprise Software and Healthcare sectors, caution is warranted as these areas continue to underperform. Investors may consider positioning in sectors showing strength, such as Infrastructure and Telecom, while watching for signals of stabilization in the beleaguered tech segments.