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.

Cardinal Health stock jumps 9% after earnings beat — what CAH investors watch next

Cardinal Health stock jumps 9% after earnings beat — what CAH investors watch next

Cardinal Health shares jumped 9% to $226.05 Thursday after the company raised its fiscal 2026 adjusted earnings forecast to $10.15-$10.35 per share. Quarterly revenue rose 19% and adjusted profit beat estimates, driven by strong specialty drug demand. CEO Jason Hollar cited double-digit profit growth across all segments. Specialty medicines, including GLP-1 drugs, contributed significantly to revenue gains.
5 February 2026
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Apple stock price hovers near $276 as AI spending jitters hit tech; key dates ahead for AAPL

Apple stock price hovers near $276 as AI spending jitters hit tech; key dates ahead for AAPL

Apple shares slipped 0.02% to $276.45 in early Thursday trading after a 2.6% gain the previous day. The stock moved between $275.89 and $279.40 amid broader tech caution following chip and AI spending concerns. Apple’s dividend record date is Feb. 9, with its annual meeting set for Feb. 24. The company’s market value stands near $3.9 trillion.
5 February 2026
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Sandisk stock price slides again after a 16% plunge — what SNDK traders are watching

Sandisk stock price slides again after a 16% plunge — what SNDK traders are watching

Sandisk shares fell 1.4% to $576.17 Thursday after plunging nearly 16% the previous day, with 29 million shares traded. The drop followed a broader tech and chip sell-off, as the iShares Semiconductor ETF slid 4.3%. Insider sale filings and volatile price targets drew scrutiny. Sandisk’s stock, up from $45 to $665 in six months, now faces pressure from shifting sentiment and data-center demand risks.
5 February 2026
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AMD stock price steadies after 17% wipeout as China AI-chip boost gets rechecked

AMD stock price steadies after 17% wipeout as China AI-chip boost gets rechecked

AMD shares rose 1.3% to $202.82 in early Thursday trading, rebounding after a 17.3% plunge the previous day. The company’s Q1 revenue forecast, factoring in lower MI308 shipments to China, signals a slight sequential decline. AMD reported $10.3 billion in Q4 revenue, boosted by $390 million in China AI-chip sales. The company also filed an amended annual report after finding a disclosure error.
5 February 2026
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Tesla stock drops nearly 4% as Volkswagen takes Europe EV crown and tech selloff bites

Tesla stock drops nearly 4% as Volkswagen takes Europe EV crown and tech selloff bites

Tesla shares fell 3.8% to $406.01 in early New York trading Thursday after Volkswagen overtook Tesla in Europe’s battery-electric vehicle sales for 2025, according to JATO Dynamics. Tesla’s European registrations dropped 27% year-on-year, while UK January sales plunged 57%. Investors also weighed mixed signals from China and renewed U.S. regulatory scrutiny of self-driving technology.
5 February 2026
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Micron stock sinks nearly 10% as AI jitters hit chipmakers again

Micron stock sinks nearly 10% as AI jitters hit chipmakers again

Micron Technology shares fell 9.5% to $379.40 Thursday amid a broad tech selloff and investor retreat from AI-linked stocks. Goldman Sachs said hedge funds faced their toughest day in nearly a year as crowded tech bets unwound. Qualcomm warned of missed results due to a global memory shortage, while Alphabet projected 2026 capital spending could reach $185 billion to address compute bottlenecks.
5 February 2026
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Nvidia stock price slides again as AI payoff worries spread; what investors watch next

Nvidia stock price slides again as AI payoff worries spread; what investors watch next

Nvidia shares fell 3.3% to $174.19 early Thursday, extending losses across AI-related chip stocks as investors questioned when heavy spending will yield profits. AMD plunged 17% after a weak revenue forecast, while the Nasdaq-tracking QQQ dropped 1.8%. Alphabet said it will double capital expenditures this year, and Amazon’s earnings are due after the close.
5 February 2026
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Microsoft stock flips higher after Stifel downgrade puts Azure, AI spend back in focus

Microsoft stock flips higher after Stifel downgrade puts Azure, AI spend back in focus

Microsoft shares rose 0.7% to $414.19 in early Thursday trading after Stifel downgraded the stock to “hold,” citing concerns over Azure growth and heavy AI investment. The move followed a premarket dip and a broader tech selloff after Alphabet signaled sharply higher 2026 capital spending. Investors are scrutinizing AI expenses and their impact on margins and cash flow.
5 February 2026
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SoFi stock drops again: JPMorgan upgrade meets fresh selling as key U.S. data looms

SoFi stock drops again: JPMorgan upgrade meets fresh selling as key U.S. data looms

SoFi Technologies shares fell 4.6% to $20.75 Wednesday, with about 85 million shares traded. The Nasdaq dropped 1.5% and the S&P 500 slipped 0.5%. SoFi’s Chief Risk Officer entered a prepaid variable forward contract for $1.2 million, pledging 71,500 shares. Investors are watching upcoming U.S. jobs and inflation data after recent delays.
5 February 2026
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Carvana stock falls 4%: what CVNA traders are watching before Feb. 18 earnings

Carvana stock falls 4%: what CVNA traders are watching before Feb. 18 earnings

Carvana shares fell 4.3% to $393.04 Wednesday, swinging between $366.62 and $410.52 during the session. COO Benjamin Huston sold shares on Feb. 3 under a preset trading plan, according to an SEC filing. Rosen Law Firm said it is investigating possible securities claims against Carvana. The company will report fourth-quarter and full-year earnings after markets close Feb. 18.
5 February 2026
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Accenture stock steadies near $242 after CEO share-sale filing as AI jitters rattle tech services

Accenture stock steadies near $242 after CEO share-sale filing as AI jitters rattle tech services

Accenture shares closed up 0.2% at $241.65 after a volatile session, as filings showed CEO Julie Sweet sold 5,500 shares under a pre-arranged plan. The stock remains nearly 39% below its 52-week high after Tuesday’s 9.6% drop amid a broader software and services selloff linked to new AI products.
5 February 2026
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Stock Market Today

Hongkong Land share price drops 4% despite fresh buyback — what investors watch next

Hongkong Land share price drops 4% despite fresh buyback — what investors watch next

7 February 2026
Hongkong Land shares fell 4.2% to US$8.18 in Singapore on Friday after the company disclosed a buyback of 170,000 shares at US$8.5252 each on Feb. 5, with plans to cancel them. The drop followed a volatile week marked by a new Singapore real estate fund launch and an expanded buyback programme. Investors are watching for the group’s annual results on March 5.
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