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.

Corvus Pharmaceuticals stock (CRVS) swings as $150M share sale follows eczema-data surge

Corvus Pharmaceuticals stock (CRVS) swings as $150M share sale follows eczema-data surge

Corvus Pharmaceuticals shares rose 0.3% to $21.48 by midday after announcing a $150 million underwritten stock offering. The move follows positive Phase 1 results for soquelitinib in eczema, with 75% of treated patients achieving EASI-75 versus 20% on placebo. The company paused its $100 million at-the-market program and plans to use proceeds for R&D and ongoing trials.
21 January 2026
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Texas Instruments stock price rises as chip shares rebound; TXN earnings next week in focus

Texas Instruments stock price rises as chip shares rebound; TXN earnings next week in focus

Texas Instruments shares rose 2.2% to $193.82 by midday Wednesday in New York, reversing some of Tuesday’s losses after tariff fears eased. Semiconductor ETFs also rebounded, with iShares Semiconductor ETF up 2.1% and VanEck Semiconductor ETF gaining 1.8%. Investors are watching Texas Instruments’ Jan. 27 earnings call for signs of industrial demand. Broader U.S. indexes edged higher after sharp declines Tuesday on new U.S. tariff threats.
21 January 2026
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RAPT stock hovers near $58 as GSK buyout puts tender offer clock in focus

RAPT stock hovers near $58 as GSK buyout puts tender offer clock in focus

GSK plans to acquire RAPT Therapeutics for $58 per share in cash, valuing the biotech at $2.2 billion. RAPT stock traded around $57.60 Wednesday, about 40 cents below the offer. The deal includes a tender offer expected within 10 business days and is subject to antitrust review. The merger is expected to close in Q1 2026.
21 January 2026
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Lumentum stock price jumps again after $500 target call ahead of Feb. 3 earnings

Lumentum stock price jumps again after $500 target call ahead of Feb. 3 earnings

Lumentum shares rose 5% to $374.52 late Wednesday morning after Aletheia Capital raised its price target to $500, citing stronger demand for high-speed optical components. The company will report fiscal Q2 results on Feb. 3, with investors watching for any changes to its outlook. Coherent and IPG Photonics also gained, while Ciena slipped 2%.
21 January 2026
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Intuit stock price dips again as Morgan Stanley maps a “Triple Double” path for INTU

Intuit stock price dips again as Morgan Stanley maps a “Triple Double” path for INTU

Intuit shares fell 0.6% to $525.93 in late morning trading Wednesday, following a 3% drop Tuesday. Morgan Stanley issued a bullish note, projecting potential doubling in value by 2030, citing growth in mid-market accounting and TurboTax Live. Investors are watching the annual stockholder meeting on Jan. 22 and quarter-end results on Jan. 31. The stock trades about 35% below its July 52-week high.
21 January 2026
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3M stock price today: MMM steadies after earnings slide as tariff risk clouds 2026 outlook

3M stock price today: MMM steadies after earnings slide as tariff risk clouds 2026 outlook

3M shares rose 0.7% to $157.26 Wednesday morning, rebounding after a sharp post-earnings drop. The company forecast 2026 adjusted earnings of $8.50 to $8.70 per share, slightly below Wall Street estimates, and warned new U.S. tariffs could cut $30 million to $40 million from profits. Fourth-quarter adjusted earnings reached $1.83 per share on $6.0 billion in sales.
21 January 2026
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Chevron stock price rises after report flags $1 billion-plus Singapore asset sale talks

Chevron stock price rises after report flags $1 billion-plus Singapore asset sale talks

Chevron shares rose 1.4% to $167.67 by midday Wednesday after reports of advanced talks to sell Singapore refining and fuel assets for over $1 billion. Oil prices were steady as traders monitored Kazakhstan supply issues ahead of U.S. inventory data. Chevron, Eneos, and Glencore declined to comment on the reported deal. Investors are watching for Chevron’s Jan. 30 earnings report.
21 January 2026
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Thermo Fisher stock price rises nearly 2% as Australia starts Clario deal review; earnings next in focus

Thermo Fisher stock price rises nearly 2% as Australia starts Clario deal review; earnings next in focus

Thermo Fisher shares rose 1.9% to $630.48 Wednesday after Australia’s ACCC began a Phase 1 review of its planned Clario acquisition, with a decision due by March 2. The company will report fourth-quarter and full-year results on January 29. Investors are watching for updates on 2026 demand and deal timing.
21 January 2026
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Applied Materials stock rises as AMAT steadies with markets; Needham lifts target to $390

Applied Materials stock rises as AMAT steadies with markets; Needham lifts target to $390

Applied Materials shares rose 1.7% to $323.62 by late morning Wednesday, tracking gains across chip equipment stocks. The move follows a rebound in U.S. markets after policy headlines and ahead of key chip-sector earnings, with Applied set to report Feb. 12. The company warned U.S. export restrictions could cut $600 million from 2026 revenue. Trading volume exceeded the 50-day average.
21 January 2026
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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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