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.

Snap stock price dives nearly 12% as weak revenue outlook outweighs Q4 beat and buyback

Snap stock price dives nearly 12% as weak revenue outlook outweighs Q4 beat and buyback

Snap Inc shares fell 12% to $5.22 Thursday after the company forecast first-quarter revenue of $1.50–$1.53 billion, below analyst expectations. The stock traded heavily between $6.38 and $5.19. Snap reported Q4 revenue up 10% to $1.716 billion and net income of $45 million. The board approved a $500 million buyback over 12 months.
5 February 2026
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PayPal stock slides again as downgrades pile up after CEO shake-up

PayPal stock slides again as downgrades pile up after CEO shake-up

PayPal shares fell 3.3% to $39.67 Thursday after the company named HP’s Enrique Lores as CEO and warned of a weaker 2026 outlook. CFO Jamie Miller cited pressure on retail merchants and sluggish branded checkout growth. Multiple analysts downgraded the stock, citing competition from Apple Pay and Google Pay. PayPal declared a $0.14 dividend and forecast a mid-single-digit drop in Q1 adjusted earnings.
5 February 2026
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Estée Lauder stock sinks 21% as 2026 outlook, tariffs rattle investors

Estée Lauder stock sinks 21% as 2026 outlook, tariffs rattle investors

Estée Lauder shares fell 21% Thursday to $94.45 after a full-year forecast pointed to slower growth in its main market. The company reported fiscal Q2 net sales of $4.229 billion and raised its 2026 outlook, but warned of higher tariffs and shrinking Q3 margins. Estée Lauder plans to cut up to 7,000 jobs and pay a 35-cent dividend March 16. Coty and e.l.f. Beauty shares also dropped.
5 February 2026
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Shopify stock drops again: AI disruption jitters and Feb. 11 earnings loom for SHOP

Shopify stock drops again: AI disruption jitters and Feb. 11 earnings loom for SHOP

Shopify shares fell 2.1% to $111.59 Thursday, swinging between $108.90 and $115.71 as software stocks faced heavy selling. The S&P 500 software and services index dropped about 3%, with sector losses nearing $1 trillion since Jan. 28. Investors are watching Shopify’s Feb. 11 earnings for signs of AI’s impact on margins. New unemployment claims rose and job openings hit a five-year low.
5 February 2026
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Verizon stock price edges up after consumer chief steps down — what VZ investors watch next

Verizon stock price edges up after consumer chief steps down — what VZ investors watch next

Verizon shares rose 0.4% to $47.21 Thursday after announcing Sowmyanarayan Sampath, head of its consumer division, will depart by March 31. Alfonso Villanueva was named interim chief. The move follows a major January outage and renewed scrutiny from Washington over telecom security. Investors remain focused on execution in the consumer unit.
5 February 2026
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P&G stock climbs while Wall Street slides — what’s behind PG’s move and what comes next

P&G stock climbs while Wall Street slides — what’s behind PG’s move and what comes next

Procter & Gamble shares climbed 1.3% to $158.89 Thursday afternoon, bucking a broader market decline driven by tech sector weakness. SEC filings showed insider sales by executives Ma. Fatima Francisco and a proposed sale by Gary A. Coombe. Consumer staples led S&P 500 sector gains, while tech stocks fell on AI spending concerns. Trading volume reached 9.1 million shares.
5 February 2026
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Adobe stock slides again as AI worries hit software; what ADBE investors watch next

Adobe stock slides again as AI worries hit software; what ADBE investors watch next

Adobe shares fell 3.5% to $270.01 Thursday as software stocks slid, following a downgrade by Piper Sandler and ongoing concerns over AI’s impact on the sector. The S&P 500 software and services index dropped 2.8%, erasing over $950 billion in value since Jan. 28. Investors are watching Adobe’s March 12 earnings call for signs of demand and AI returns.
5 February 2026
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Coca-Cola stock price rises as Jefferies lifts target ahead of Feb. 10 earnings

Coca-Cola stock price rises as Jefferies lifts target ahead of Feb. 10 earnings

Coca-Cola shares rose 1.7% to $78.65 Thursday, bucking a weaker U.S. market after Jefferies raised its price target to $88 ahead of next week’s earnings. CEO-elect Henrique Braun will take over March 31 as James Quincey becomes executive chairman. Quincey sold 337,824 shares for about $26 million on Feb. 3 under a prearranged plan. Coca-Cola reports fourth-quarter and full-year results Feb. 10.
5 February 2026
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Credo Technology stock rebounds today as AI-chip jitters ease; what’s next for CRDO

Credo Technology stock rebounds today as AI-chip jitters ease; what’s next for CRDO

Credo Technology shares rose about 2% to $98.96 Thursday afternoon, rebounding after recent losses. A Bank of America note challenged the AI-chip selloff, citing sector bottlenecks. Insider-sale filings and a March earnings report kept traders cautious. Roughly 5.8 million shares traded as Credo’s market cap neared $32.5 billion.
5 February 2026
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Tapestry stock jumps 11% as Coach’s Tabby handbag demand powers outlook raise

Tapestry stock jumps 11% as Coach’s Tabby handbag demand powers outlook raise

Tapestry shares jumped 11% Thursday after the company raised its full-year outlook, reporting a 14% rise in quarterly sales to $2.50 billion and stronger margins. Coach revenue surged 25% to $2.14 billion on strong demand for Tabby handbags, while Kate Spade sales fell 14%. The company flagged tariff pressures but said price hikes and cost cuts should offset the impact.
5 February 2026
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Vertiv (VRT) stock slides as AI jitters hit data-center plays ahead of earnings

Vertiv (VRT) stock slides as AI jitters hit data-center plays ahead of earnings

Vertiv shares fell 1.8% to $179.36 Thursday, hitting a low of $172.59 as investors retreated from costly AI-linked stocks amid concerns over capital spending. The company reports earnings Feb. 11, with investors watching for signs of demand in data-center cooling. Peers like Eaton and Johnson Controls also saw volatile trading this week.
5 February 2026
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Goldman Sachs (GS) stock price slides as jobless claims jump; traders brace for delayed jobs report

Goldman Sachs (GS) stock price slides as jobless claims jump; traders brace for delayed jobs report

Goldman Sachs shares fell 1.8% to $896.72 Thursday, with Morgan Stanley, JPMorgan, and Citigroup also down as Treasury yields slid. The KBW Nasdaq Bank Index lost 1.1%. U.S. jobless claims jumped to 231,000, above forecasts, while job openings dropped. Investors await the delayed January jobs report, now due Feb. 11.
5 February 2026
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Stock Market Today

ST Engineering stock price drops 2% to S$9.71 as drone-autonomy tie-up grabs attention

ST Engineering stock price drops 2% to S$9.71 as drone-autonomy tie-up grabs attention

7 February 2026
ST Engineering shares fell 1.9% to S$9.71 Friday, outpacing the Singapore market’s 0.8% drop amid a tech-led selloff. The company signed a deal with Shield AI at the Singapore Airshow to integrate autonomy software into its unmanned platforms and unveiled a small drone capable of carrying explosives. About 6.9 million shares traded as investors await full-year results on Feb. 27.
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