CNBC Business News Update - Markets Midday: Stocks Rebound After Negative Start, Consumer Prices Rise Less Than Expected, Roku Shares Rally On Upbeat Revenue Forecast 2/13/2026

Episode Date: February 13, 2026

The latest in business, financial, and market news and how it impacts your money, reported by CNBC's Peter Schacknow Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

I'm Peter Shack now, CNBC. Today's back and forth trading on Wall Street is currently swinging to the plus side as opposing influences battle for control of investor sentiment. The Dow up by 212 points at 49,664, the S&P 500, 33 points higher or half a percent, and the NASDAQ has battled back to gain a quarter percent or 58 points. The Dow had been down 368 points in session low. The NASDAQ had fallen nearly 1%. The biggest negative influence continues to be worries about disruption,

caused by artificial intelligence, particularly among software stocks. I think there's a lot of short attention span money that is in the market, and it's sort of perpetually looking for the shiny new object, AI, as it cascades down, and we figure out, all right, who are the beneficiaries. And it's a, you know, sell first, do actual research later kind of backdrop. And I think some of these rapid fire rotations are likely to persist. That's Charles Schwab, Chief Investment Stratz. strategist Lizanne Saunders. One of the biggest positive influences today, a two-tenths of a percent

January rise in consumer prices less than had been anticipated. Streaming device maker Roku is one of today's stock winners, up 5 percent after an upbeat revenue forecast. CEO Anthony Wood says the Roku platform is benefiting from stronger ad sales and a growing number of premium subscriptions bought through the Roku service. We built tens of millions of subscriptions a month. last quarter actually we had the largest net ads ever in our premium subscription business and I think that's a

trend actually that's going to continue as more and more streaming services decide that it's just a better economic model to be part of an aggregated service like Roku premiums descriptions rather than creating their own app. A judge has ruled that banking giant J.P. Morgan Chase must face at least part of a class action

suit accusing it of paying customers near zero interest rates instead of market rates. Peter Shack now CNBC. The CNBC Sport universe is growing. We're covering the intersection of sports and business, unlike anyone else in the game. For all of our latest stories, videos, and more, go to CNBC.com slash sport.