Khadija Saeed

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

Pfizer stock drops as Medicare puts Xeljanz on 2028 price-talk list, earnings next week

Pfizer stock drops as Medicare puts Xeljanz on 2028 price-talk list, earnings next week

Pfizer shares fell 1.8% to $26.02 after U.S. Medicare included Xeljanz in its upcoming drug price negotiations, set to begin in 2026 with prices effective in 2028. The Centers for Medicare & Medicaid Services named 15 drugs for talks, and companies must decide by February 28 whether to participate. Investors are awaiting Pfizer’s February 3 earnings for updates on pricing risks.
Mastercard stock price slips today as MA heads into earnings after Agent Suite AI rollout

Mastercard stock price slips today as MA heads into earnings after Agent Suite AI rollout

Mastercard shares slipped 0.1% to $519.71 by midday Wednesday, trailing Visa’s gains ahead of Thursday’s earnings report. The company unveiled a new AI-driven “Agent Suite” Tuesday, aiming for a Q2 2026 launch. Cantor Fitzgerald initiated coverage with an Overweight rating and a $650 price target. Mastercard stock remains about 13.5% below its 52-week high.
General Motors stock slips after record close — buyback, EV charges and tariffs in focus

General Motors stock slips after record close — buyback, EV charges and tariffs in focus

General Motors shares fell about 1% to $85.50 in midday New York trading Wednesday after the company raised its 2026 profit outlook and announced a $6 billion buyback. GM reported a $3.3 billion fourth-quarter loss, citing over $7.2 billion in special charges tied to EV realignment and policy changes. The company expects up to $4 billion in tariff costs in 2026. Ford slipped 0.9%, while Tesla rose 0.4%.
Exxon Mobil stock price rises as oil nears four-month high and earnings loom

Exxon Mobil stock price rises as oil nears four-month high and earnings loom

Exxon shares rose about 0.6% by midday Wednesday, tracking oil prices near four-month highs after U.S. crude inventories fell and a winter storm disrupted Gulf Coast exports. Exxon shut units at its Baytown, Texas, complex due to freezing weather. Investors await the company’s earnings report Friday. OPEC+ is expected to keep output steady at its Feb. 1 meeting, sources told Reuters.
Costco stock dips as COST nears ex-dividend date; Fed decision and sales update next

Costco stock dips as COST nears ex-dividend date; Fed decision and sales update next

Costco shares fell 1.2% to $958.89 by midday Wednesday ahead of the stock’s Jan. 30 ex-dividend date for a $1.30 payout. The S&P 500 briefly topped 7,000 before retreating as investors awaited the Federal Reserve’s policy decision and major tech earnings. Walmart, Target, and Amazon also traded lower. Costco’s January sales report is scheduled for Feb. 4.
Visa stock price ticks up on Redburn upgrade as earnings day nears

Visa stock price ticks up on Redburn upgrade as earnings day nears

Visa shares rose 0.2% to $325.90 Wednesday after Rothschild Redburn upgraded the stock to “Buy” and raised its price target to $385. Investors are positioning ahead of Visa’s fiscal Q1 results, due after Thursday’s close. Analyst coverage intensified, with Cantor Fitzgerald setting a $400 target. The company remains in a quiet period until results are released.
Salesforce stock edges higher as $5.6 billion U.S. Army deal keeps CRM in focus

Salesforce stock edges higher as $5.6 billion U.S. Army deal keeps CRM in focus

Salesforce shares rose 0.3% to $229.28 by midday after announcing a 10-year U.S. Army contract with a $5.6 billion ceiling. The agreement, routed through its Computable Insights unit, allows future orders but does not guarantee the full amount. Investors are awaiting the next earnings call for details on revenue impact. The stock outperformed Microsoft, ServiceNow, and Oracle during the session.
Texas Instruments stock jumps 9% after outlook flags AI data-center demand

Texas Instruments stock jumps 9% after outlook flags AI data-center demand

Texas Instruments shares jumped 9.1% to $214.62 midday Wednesday after the company raised its first-quarter outlook above Wall Street forecasts. The chipmaker cited a 70% surge in data-center revenue and stronger industrial demand. Fourth-quarter revenue reached $4.42 billion, with net income at $1.16 billion. BofA Securities upgraded the stock and raised its price target to $235.
Strategy Inc stock price slips as MSTR digests fresh bitcoin buy and a new Wall Street call

Strategy Inc stock price slips as MSTR digests fresh bitcoin buy and a new Wall Street call

Strategy Inc shares fell 0.6% to $160.57 by midday Wednesday, even as bitcoin rose 2.1% to $89,492. A Monday filing showed Strategy sold 1.57 million shares for $257 million and used the funds to buy 2,932 bitcoin at an average $90,061 each. The company now holds 712,647 bitcoin. Fourth-quarter results are due Feb. 5 after market close.
Humana stock slides again as Medicare Advantage rate proposal keeps pressure on insurers

Humana stock slides again as Medicare Advantage rate proposal keeps pressure on insurers

Humana shares fell 6.1% to $195.31 by midday Wednesday, extending a sharp two-day selloff after U.S. Medicare officials proposed a 0.09% average payment increase for 2027. Investors are watching for final rates in April and Humana’s February 11 earnings. The proposal raised concerns about potential benefit cuts and tighter margins for Medicare Advantage insurers.
GE Aerospace stock dips after Boeing flags 777X engine durability issue as investors eye Fed

GE Aerospace stock dips after Boeing flags 777X engine durability issue as investors eye Fed

Shares of GE Aerospace fell 1.7% to $292.35 in New York after Boeing flagged a potential durability issue with GE engines on its 777X jet. Boeing said the problem will not delay first deliveries, set for 2027. GE also announced a milestone in hybrid-electric engine ground tests for NASA. The Federal Reserve’s policy decision is expected later Wednesday.

Stock Market Today

Corning stock price hits record close — what’s driving GLW and the next big test

Corning stock price hits record close — what’s driving GLW and the next big test

7 February 2026
Corning shares jumped 8.3% to a record $122.16 Friday, gaining 11% over two sessions amid strong demand for AI infrastructure stocks. The move follows a $6 billion optical fiber deal with Meta and upgraded company forecasts. Shares traded as high as $122.56 and rose 0.6% after hours. COO Avery Nelson sold 1,894 shares for tax withholding, retaining 66,050.
PepsiCo stock: €2.5 billion bond deal lands as investors size up the price-cut gamble

PepsiCo stock: €2.5 billion bond deal lands as investors size up the price-cut gamble

7 February 2026
PepsiCo priced €2.5 billion in euro notes across four maturities, with settlement set for Feb. 11, according to an SEC filing. The company plans to use proceeds for general corporate purposes, including repaying commercial paper. Shares closed at $170.49 Friday, up 1.8%. PepsiCo is also cutting U.S. snack prices by up to 15% after consumer pushback.
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