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.

XRP price slips below $2 as Binance lists Ripple’s RLUSD and traders eye Fed

XRP price slips below $2 as Binance lists Ripple’s RLUSD and traders eye Fed

XRP fell below $2 Friday, dropping about 1% to $1.90 during early New York trading as bitcoin and ether also declined. Binance began trading Ripple’s new RLUSD stablecoin, adding an XRP/RLUSD pair. Investors watched U.S. inflation data and awaited the Federal Reserve’s Jan. 28 rate decision. Ripple says RLUSD is backed by cash reserves and issued on both the XRP Ledger and Ethereum.
23 January 2026
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AMD stock rises again: Advanced Micro Devices extends rally as traders eye earnings and AI-server demand

AMD stock rises again: Advanced Micro Devices extends rally as traders eye earnings and AI-server demand

AMD shares rose 3.6% to $262.86 in early New York trading Friday, heading for a ninth straight gain and the longest winning streak in nearly six years. The rally comes ahead of AMD’s Feb. 3 earnings report, with investors focused on demand for server processors and data center AI. Intel shares fell after a weak forecast. AMD touched $266.76 before paring gains.
23 January 2026
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Intel stock plunges 16% on weak outlook, weighing on Dow and S&P 500

Intel stock plunges 16% on weak outlook, weighing on Dow and S&P 500

Intel shares plunged 15.7% to $45.79 Friday after the company warned supply chain issues would hit near-term results, despite beating fourth-quarter expectations. The drop erased over $35 billion in market value and pressured broader U.S. markets at the open. Intel forecast first-quarter revenue of $11.7–$12.7 billion, with supply expected to bottom out before improving later in the year.
23 January 2026
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Dow Jones today: Index slides as Goldman, AmEx drag; Intel slump sets up Fed week

Dow Jones today: Index slides as Goldman, AmEx drag; Intel slump sets up Fed week

The Dow Jones Industrial Average fell 0.52% by mid-morning Friday, down 256 points to 49,127.78, as Intel shares plunged 14% on weak forecasts and supply issues. Goldman Sachs dropped 2.8% and American Express lost 1.8%, together shaving about 204 points from the index. Oil prices rebounded after President Trump referenced an “armada” moving toward Iran. Investors await next week’s Federal Reserve meeting.
23 January 2026
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Nvidia stock climbs as China order signal lifts AI chips; Intel slide keeps traders wary

Nvidia stock climbs as China order signal lifts AI chips; Intel slide keeps traders wary

Nvidia rose 1.8% after reports that China told major tech firms to prepare orders for its H200 AI chips. AMD gained 3.7%, while Broadcom fell 3% and Intel dropped 14% after a cautious outlook. The U.S. House Foreign Affairs Committee advanced a bill to review AI chip exports. Investors are watching next week’s Federal Reserve meeting for policy signals.
23 January 2026
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Intel stock price slides nearly 14% after outlook miss; what traders watch next

Intel stock price slides nearly 14% after outlook miss; what traders watch next

Intel shares plunged 13.7% to $46.86 early Friday, erasing a recent rally, after the company forecast weaker-than-expected first-quarter revenue and earnings. Fourth-quarter revenue dropped 4% to $13.7 billion. CEO Lip-Bu Tan cited supply constraints, especially for server CPUs paired with Nvidia AI chips. The stock’s slide could cut $31 billion from Intel’s market value if losses hold.
23 January 2026
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Sandisk stock price today: SNDK holds near $500 as short-squeeze talk and filings keep traders wary

Sandisk stock price today: SNDK holds near $500 as short-squeeze talk and filings keep traders wary

Sandisk shares traded at $503.44 early Friday after BlackRock disclosed a 6% stake and insider Kimberly Alexy filed to sell shares. Short interest rose to 7.5% of the float, with about $3 billion in unrealized losses for short sellers. The stock is up 112% this year, with earnings due Jan. 29. Trading volume Thursday reached 20.48 million shares.
23 January 2026
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Meta stock jumps nearly 6% as Threads ad rollout widens and earnings loom

Meta stock jumps nearly 6% as Threads ad rollout widens and earnings loom

Meta Platforms shares jumped 5.7% to $647.63 by 9:38 a.m. ET Friday, extending a rally ahead of next week’s earnings and a Federal Reserve decision. Threads will begin global ad rollout next week, targeting over 400 million users. Britain’s Ofcom opened an investigation into Meta’s WhatsApp disclosures. Meta reports Q4 and full-year results after markets close Jan. 28.
23 January 2026
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Stock Market Today

No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

7 February 2026
The IRS has not announced new federal stimulus payments for February 2026, and Congress has not approved fresh checks. Trump told NBC he is considering $2,000 tariff rebate checks but has not committed, saying any payout would likely come later in 2026. The IRS warns taxpayers to ignore texts and emails about “stimulus payments” and verify notices through official channels.
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