Wall Street Breakfast Gallup ends presidential approval tracking
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Feb 12, 2026 Gallup stops presidential approval tracking after 80 years, sparking debate about motives. Tech names like Cisco, AppLovin and Apple move oddly despite solid results. Existing home sales tumble sharply in January, prompting questions about the data. Machinery stocks see a rotation-driven lift as investors reshuffle positions.
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Gallup Ends Longstanding Approval Tracking
- Gallup is ending presidential approval tracking after more than 80 years, citing shifting research priorities.
- Observers note the timing invites speculation about avoiding political blowback tied to modern threats and contracts.
Speculation About Political Pressure
- Some observers speculated Gallup may want to avoid political blowback after President Trump threatened to sue firms that portray him negatively.
- Bill Kristol also highlighted Gallup's federal contracts as a possible influence on the decision.
Tech Slippage Despite Solid Earnings
- Tech stocks slid despite solid earnings, showing investor sensitivity to forward risks rather than just current beats.
- Cisco fell after results while analysts said AI exposure offsets memory-cost worries, framing cost pressure as a speed bump.