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Closing Bell

Closing Bell: Rally Intact or Breaking Down? 2/17/26

Closing Bell

CNBC

News, Business

4.4139 Ratings

🗓️ 17 February 2026

⏱️ 43 minutes

🧾️ Download transcript

Summary

Is this rally still intact or in the process of breaking down? We discuss with Solus’ Dan Greenhaus, Requisite Capital’s Bryn Talkington and Truist’s Keith Lerner. Plus, cyber security stocks got swept up in the software selling just ahead of Palo Alto’s report in Overtime tonight. Star analyst Dan Ives tells us what he’ll be watching from those numbers. And, the feud between Anthropic and the Pentagon appears to be heating up – that’s according to an Axios report. Kate Rooney breaks down all the details and what it could mean for the AI arms race.

Transcript

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0:00.0

Brian, thanks so much. Welcome to closing bell. I'm Scott Wobner live from Post 9. Right here at the New York Stock Exchange, this maker breakout begins with this volatile market, where the tech trade is really heading from here. Take a look at the scorecard now, with 60 to go in regulation. Stocks are making a bit of a comeback as we begin this final stretch. And the NASDAQ, look at that. It is actually green by about one-third of 1%.

0:21.0

Invidia and Apple are leading the way today.

0:23.3

All eyes on Amazon, too.

0:25.0

As it tries to avoid a 10th straight losing session,

0:28.3

it is on track to do just that up 1%.

0:31.3

We'll follow it right to the finish.

0:33.4

Once again, software names, they are weaker.

0:35.9

Microsoft and Oracle, and some of the cyber names are under pressure.

0:39.6

There's crowd strike at the bottom of your screen down near 5%.

0:42.5

Speaking of cyber, that company right there, Palo Alto reports top of the hour.

0:46.8

Analyst Dan Ives along with us here to tell us what to expect from that.

0:50.8

A flurry of activist activity today as well.

0:54.0

Jana with a new stake in Ficer, Elliott in Norwegian cruise lines and Starboard with a 9% stake.

1:00.2

And TripAdvisor, all those, not surprisingly, are on the move to the upside on that news.

1:04.9

It does take us to our talk of the tape.

1:07.0

Is this rally still intact or in the process of breaking down? Let's ask Dan Greenhouse. He is

1:12.6

chief strategist for Solace Alternative Asset Management with me here at Post 9. It's good to see you.

1:17.6

Welcome back. Thank you, sir. How would you answer that question?

1:20.6

Listen, it looks to me like a lot of what's going on is very concentrated in software and software related names. And I know,

1:28.9

obviously, we've had a terrific run in the market, and there's a lot of consternation about

1:32.8

a bubble, and we've talked about that ad nauseum on the show for months, if not quarters.

1:37.5

For the right reasons, right? I mean, there are legitimate concerns out there that, you know, there's too much spending,

...

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