Today: 7 February 2026
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Khadija Saeed

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

Honeywell stock (HON) slips as tariff jitters sweep Wall Street; Quantinuum IPO report in focus

Honeywell stock (HON) slips as tariff jitters sweep Wall Street; Quantinuum IPO report in focus

Honeywell shares fell 1.7% to $215.57 as U.S. stocks dropped after President Trump threatened new tariffs on eight European countries over Greenland. The Cboe Volatility Index jumped to an eight-week high above 20. Bloomberg reported Honeywell-backed Quantinuum is working with Morgan Stanley and JPMorgan on a potential IPO. Honeywell is set to report fourth-quarter results on Jan. 29.
20 January 2026
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Qualcomm stock drops as tariff fears shake tech — here’s what QCOM traders are watching

Qualcomm stock drops as tariff fears shake tech — here’s what QCOM traders are watching

Qualcomm shares fell 2.4% to $155.63 by midday Tuesday, leading losses in chip stocks after new U.S. tariff threats on Europe triggered a global tech sell-off. The iShares Semiconductor ETF slipped 0.6%, with Broadcom and Nvidia also down, while AMD and Intel rose. Investors shifted to safer assets as volatility spiked to an eight-week high. Qualcomm’s earnings report in early February remains in focus.
20 January 2026
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Cisco (CSCO) stock price slips as tariff jitters hit tech — even with a Wi‑Fi 7 campus deal

Cisco (CSCO) stock price slips as tariff jitters hit tech — even with a Wi‑Fi 7 campus deal

Cisco shares fell 1.6% to $74.01 midday Tuesday, underperforming a broad tech selloff after new U.S. tariff threats. The drop followed Morgan Stanley’s downgrade of U.S. IT hardware, citing weak demand and higher costs. Earlier, Cisco announced a multi-year Wi‑Fi 7 rollout deal with Georgetown University. Arista Networks and Palo Alto Networks also declined.
20 January 2026
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Western Digital stock price rises on fresh Wall Street target hikes — what traders watch before earnings

Western Digital stock price rises on fresh Wall Street target hikes — what traders watch before earnings

Western Digital shares rose 2% to $226 by midday Tuesday after several brokerages raised price targets, citing stronger hard drive prices and demand. Rosenblatt, BofA, Citi, and UBS all increased their targets, with some predicting results at the high end of guidance. The S&P 500 and Nasdaq both fell over 1%. Investors await Western Digital’s Jan. 29 earnings for signals on pricing and capacity.
20 January 2026
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Mastercard stock slips in regular trading as AI checkout push meets rate-cap jitters

Mastercard stock slips in regular trading as AI checkout push meets rate-cap jitters

Mastercard shares fell 1.4% to $531.73 by midday Tuesday, with Visa and American Express also down, as investors awaited clarity on U.S. credit-card policy. The company announced new partnerships with Google and Microsoft to develop AI-powered checkout standards. Markets remained cautious ahead of Mastercard’s January 29 earnings report.
20 January 2026
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Wells Fargo stock slips as credit-card rate cap deadline hits — what could move WFC next

Wells Fargo stock slips as credit-card rate cap deadline hits — what could move WFC next

Wells Fargo shares fell 0.6% to $87.84 midday Tuesday as U.S. bank stocks slid ahead of a Trump administration deadline on a proposed 10% credit card rate cap. The S&P 500 Banks index dropped 1.2%. Bank executives and lobbyists warned the cap could force mass account closures and limit credit. Investors await further guidance and the Federal Reserve meeting next week.
20 January 2026
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Bloom Energy stock price pops as new report points to off-grid shift at AI data centers

Bloom Energy stock price pops as new report points to off-grid shift at AI data centers

Bloom Energy shares rose 2.1% to $152.65 by midday Tuesday, outpacing the S&P 500’s 1.3% drop. The company’s new survey found about one-third of U.S. data centers expect to run fully on onsite power by 2030, up 22% in six months. Bloom projects Texas will hold nearly 30% of the U.S. data center market by 2028. Utility grid connection delays now average 1.5 to 2 years longer than builders anticipate.
20 January 2026
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Super Micro (SMCI) stock slides as Citi trims target and tariff jitters hit AI hardware

Super Micro (SMCI) stock slides as Citi trims target and tariff jitters hit AI hardware

Super Micro Computer shares fell 4.2% to $31.28 after Citi cut its price target to $39. The drop followed broader declines in hardware and AI stocks amid tariff threats from President Trump and a Morgan Stanley downgrade of North American IT hardware. Super Micro reported $1.5 billion in revenue delayed to the December quarter due to configuration upgrades. Investors are watching for further downgrades and key economic data later this week.
20 January 2026
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ServiceNow stock swings after OpenAI tie-up hits tape — what traders watch next

ServiceNow stock swings after OpenAI tie-up hits tape — what traders watch next

ServiceNow shares slipped 0.1% to $127.18 midday Tuesday after announcing an expanded AI partnership with OpenAI. The deal will integrate OpenAI models, including GPT-5.2, into ServiceNow’s enterprise software with speech-to-speech tools and automation. The partnership spans three years and includes a revenue commitment. ServiceNow reports earnings Jan. 28.
20 January 2026
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Adobe stock dips as new AI video tools land ahead of Sundance — what investors watch next

Adobe stock dips as new AI video tools land ahead of Sundance — what investors watch next

Adobe shares fell 1.6% to $291.24 by midday Tuesday, erasing earlier gains after the company unveiled new AI video features and nearly $10 million in creator grants. The stock has dropped over 20% in the past year amid concerns about its AI pricing strategy and a recent analyst downgrade. Volatility indexes jumped as broader markets slid. Adobe’s new tools integrate with partners like Google and OpenAI.
20 January 2026
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Stock Market Today

AbbVie stock price: ABBV ends week near $223 after earnings swing — what to watch next

AbbVie stock price: ABBV ends week near $223 after earnings swing — what to watch next

7 February 2026
New York, Feb 7, 2026, 11:29 ET — Market closed. AbbVie shares closed up 2% on Friday at $223.43, extending a second straight session of gains as U.S. stocks rallied. The stock is still roughly 9% below its 52-week high, and trading volume ran a bit under its recent average. (MarketWatch) The bounce comes as investors work through AbbVie’s post-earnings reset and what it means for 2026. The drugmaker said fourth-quarter net revenues rose 10% to $16.618 billion and adjusted profit per share—excluding certain items—was $2.71; it forecast 2026 adjusted earnings of $14.37 to $14.57 a share. Chief Executive Robert
SK hynix stock price slips into Monday after S&P upgrade, tech selloff

SK hynix stock price slips into Monday after S&P upgrade, tech selloff

7 February 2026
SK hynix shares closed at 839,000 won, down 0.36% Friday and 8% for the week, as tech stocks retreated across Asia. S&P Global Ratings upgraded the chipmaker to “BBB+” with a positive outlook, citing strong HBM sales. The KOSPI fell 1.4% Friday, ending a six-week winning streak. Traders await Monday’s Seoul open for signs of further tech weakness.
Bank of America stock jumps 3% into the weekend — what to watch before Monday’s trade

Bank of America stock jumps 3% into the weekend — what to watch before Monday’s trade

7 February 2026
Bank of America shares rose 2.89% Friday to $56.53, tracking a rally in U.S. financial stocks as the Dow closed above 50,000. The bank will redeem its Series DD preferred stock and related depositary shares on March 10 at $1,000 per share. CEO Brian Moynihan donated 100,000 shares on Feb. 4, a regulatory filing showed. Key U.S. jobs and inflation data are due next week after delays.
Oracle stock rebounds from eight-day skid as $20 billion share-sale plan looms

Oracle stock rebounds from eight-day skid as $20 billion share-sale plan looms

7 February 2026
Oracle shares jumped 4.65% to $142.82 Friday, ending an eight-day slide but remaining down 22% since Jan. 27. The company has set up a $20 billion at-the-market stock program and completed a $25 billion senior notes sale to fund cloud expansion. Oracle’s liabilities stood at $174.5 billion as of Nov. 30, 2025, before the new financing. Investors remain focused on dilution risks and the pace of capacity growth.
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