Today: 7 March 2026

Khadija Saeed

A dedicated markets reporter, she covers stocks, macroeconomics, and major business developments with a sharp eye for detail and accuracy.

AbbVie stock rises into weekend as Feb. 4 earnings loom — what traders watch next

AbbVie stock rises into weekend as Feb. 4 earnings loom — what traders watch next

AbbVie shares closed Friday at $223.01, up 1.2%, outpacing big pharma peers as trading volume topped its 50-day average. The company reports earnings Wednesday, with analysts watching Skyrizi, Rinvoq, and the aesthetics segment. AbbVie’s full-year adjusted earnings guidance stands at $9.90 to $9.94. Investors remain cautious amid macroeconomic uncertainty and upcoming U.S. jobs data.
Bank of America stock: What to watch Monday after Warsh Fed pick scrambles rate bets

Bank of America stock: What to watch Monday after Warsh Fed pick scrambles rate bets

Bank of America shares closed at $53.20, up 0.3% Friday. Markets await ISM data Monday and the January jobs report Feb. 6. Kevin Warsh’s nomination as Fed chair has investors reassessing rate cut expectations, with futures still pricing two cuts in 2026. Confirmation of Warsh faces political hurdles as a Justice Department probe into Jerome Powell continues.
Micron stock (MU) drops nearly 5% into Monday — what traders watch next

Micron stock (MU) drops nearly 5% into Monday — what traders watch next

Micron Technology shares fell 4.8% to $414.88 Friday, lagging the tech sector as markets reacted to Donald Trump’s nomination of Kevin Warsh for Federal Reserve chair. Investors weighed volatile mega-cap earnings and inflation concerns. SanDisk jumped on strong guidance and flagged a memory chip shortage. Micron will update investors at a Wolfe Research event on February 11.
1 February 2026
Mastercard stock price: MA slips after earnings pop as Wall Street braces for jobs report and shutdown risk

Mastercard stock price: MA slips after earnings pop as Wall Street braces for jobs report and shutdown risk

Mastercard shares fell 0.9% to $538.79 Friday, trimming gains from its recent earnings report. U.S. stocks closed lower after President Trump nominated Kevin Warsh to lead the Federal Reserve and amid renewed government shutdown concerns. American Express shares dropped 2% despite issuing a strong 2026 earnings forecast. Mastercard plans to cut about 4% of its global workforce, incurring a $200 million restructuring charge.
Samsung stock in focus as Korea chip exports double; Monday open looms

Samsung stock in focus as Korea chip exports double; Monday open looms

South Korea’s January exports jumped 33.9% to $65.85 billion, fueled by a 102.7% surge in semiconductor shipments. Samsung Electronics closed at 160,500 won, down 0.12%, despite reporting a record 20 trillion won quarterly operating profit. The company warned of ongoing memory shortages and rising costs. U.S. tariff discussions and high chip prices are adding uncertainty for tech firms.
Exxon stock steadies near 52-week high after results; oil, OPEC+ and LNG start date loom

Exxon stock steadies near 52-week high after results; oil, OPEC+ and LNG start date loom

Exxon Mobil shares closed Friday up 0.63% at $141.40 after posting Q4 2025 earnings of $6.5 billion and announcing a first-quarter dividend of $1.03 per share. CEO Darren Woods said the Golden Pass LNG project in Texas is set for first production in early March. Oil prices ended the week near multi-month highs as traders watch U.S.-Iran tensions and Sunday’s OPEC+ meeting.
Berkshire Hathaway stock price beats the market into the weekend as Warsh Fed pick, shutdown loom

Berkshire Hathaway stock price beats the market into the weekend as Warsh Fed pick, shutdown loom

Berkshire Hathaway’s Class B shares rose 0.9% to $480.53 Friday, while Class A gained 1% to $722,500, bucking broader Wall Street declines. U.S. indexes slipped as investors reacted to Trump nominating Kevin Warsh for Fed chair and a partial government shutdown after Congress missed a funding deadline. The House is set to vote on funding Monday. Key jobs data remains scheduled for Friday.
TSMC stock faces Monday test after Nvidia CEO says he needs ‘a lot of wafers’

TSMC stock faces Monday test after Nvidia CEO says he needs ‘a lot of wafers’

Nvidia CEO Jensen Huang, visiting Taipei, urged TSMC to ramp up wafer production to meet rising AI chip demand. TSMC’s U.S.-listed shares fell 2.7% Friday, while Taiwan shares dropped 1.7%. The company will report January sales on Feb. 10. Investors are watching for signs of shifting chip demand and capacity plans when trading resumes Monday.
Amazon stock (AMZN) heads into earnings week as Saks ends “Saks on Amazon” deal

Amazon stock (AMZN) heads into earnings week as Saks ends “Saks on Amazon” deal

Saks Global will close its “Saks on Amazon” storefront as part of its Chapter 11 restructuring, ending a partnership tied to Amazon’s $475 million investment. Amazon shares fell 1.0% to $239.30 Friday. The move comes ahead of Amazon’s Q4 earnings report on Feb. 5 and the U.S. jobs report on Feb. 6. The S&P 500 dropped 0.4% and Nasdaq lost 0.9% after Kevin Warsh was named Fed chair and inflation data rose.
Meta stock price (META) slides into weekend — AI capex, lawsuits and a busy week ahead

Meta stock price (META) slides into weekend — AI capex, lawsuits and a busy week ahead

Meta shares fell 2.9% to $716.50 Friday after the company raised its 2026 capital spending target to as much as $135 billion and forecast higher total expenses. Investors weighed the jump in AI infrastructure costs against a 24% rise in quarterly ad revenue. A trial over teen safety on Meta platforms begins Monday in New Mexico. U.S. markets remain closed Sunday.
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