Stock Movers Applied Materials Soars; Rivian Climbs; Expedia Sinks
Feb 13, 2026
Big moves in tech and auto stocks drive market chatter. A chip-equipment maker lifts guidance on booming AI and memory demand. An EV maker posts its first annual gross profit and teases rapid delivery growth. Online travel names face a split fate as debate over AI risks to middlemen weighs on one player's stock.
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AI CapEx Fuels Semiconductor Equipment Boom
- Applied Materials beat earnings and guided revenue ~10% above estimates, signaling strong chip-equipment demand.
- Dan Curtis links this surge to AI CapEx and memory chip demand driving semiconductor equipment growth of ~20% this year.
Rivian Reaches First Full-Year Gross Profit
- Rivian reported its first full-year gross profit and issued 2026 delivery guidance above estimates, lifting its stock sharply.
- The company plans 62,000–67,000 vehicle sales including the lower-priced R2, which boosts investor optimism about volume growth.
AI Concerns Hurt Expedia Despite Strong Results
- Expedia surprised with its fastest Q4 revenue growth in three years yet shares fell as markets fret over AI disruption risks.
- Dan Curtis contrasts Expedia's intermediary role with Airbnb's direct host links, explaining differing investor reactions despite similar results.