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.

Oklo stock jumps toward $100 as DOE’s $2.7 billion uranium move lifts nuclear plays

Oklo stock jumps toward $100 as DOE’s $2.7 billion uranium move lifts nuclear plays

New York, January 6, 2026, 18:51 EST — After-hours Oklo Inc. shares rose about 7% to $95.60 in after-hours trading on Tuesday, pushing closer to the $100 level traders often watch. The stock traded as high as $96.82 earlier in the session, with about 20 million shares changing hands. The move came as investors continued to price in fresh U.S. support for the nuclear fuel supply chain. The U.S. Department of Energy said it awarded $2.7 billion in task orders to American Centrifuge Operating, General Matter and Orano Federal Services to expand enrichment services for low-enriched uranium and high-assay low-enriched
7 January 2026
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Costco stock rises on Mizuho upgrade as December sales report nears

Costco stock rises on Mizuho upgrade as December sales report nears

New York, January 6, 2026, 18:45 EST — After-hours Costco Wholesale Corp shares rose on Tuesday, extending a bounce after a broker upgrade as investors looked ahead to a closely watched monthly sales update. The warehouse retailer is due to release December sales results on Wednesday. The report is a quick read on comparable sales — sales at stores open at least a year — and can shift expectations for margins and membership momentum early in the new year. investor.costco.com Costco shares closed at $888.96, up about 1.5%, and were little changed after hours at $889.10. Yahoo Finance Mizuho upgraded
7 January 2026
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Nebius Group (NBIS) stock jumps after Nvidia Rubin NVL72 plan — what investors watch next

Nebius Group (NBIS) stock jumps after Nvidia Rubin NVL72 plan — what investors watch next

NEW YORK, January 6, 2026, 18:54 EST — After-hours Nebius Group N.V. shares climbed about 8% in after-hours trading on Tuesday, extending a strong day for the AI infrastructure provider after it said it would offer NVIDIA’s next-generation Vera Rubin NVL72 platform in the United States and Europe from the second half of 2026. The move matters for investors because access to top-end chips is one of the main bottlenecks for AI cloud providers. Securing early supply can help firms win multi-year deals, while late deliveries can leave them priced out as customers lock up capacity elsewhere. Nebius sells computing
7 January 2026
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Marvell stock slides after $540 million XConn deal as MRVL doubles down on AI data-center switching

Marvell stock slides after $540 million XConn deal as MRVL doubles down on AI data-center switching

New York, Jan 6, 2026, 18:54 EST — After-hours Marvell Technology (MRVL.O) shares fell 2.2% to $88.23 on Tuesday, even as U.S. stocks ended higher, after the chipmaker agreed to buy networking technology firm XConn Technologies for about $540 million. The stock was little changed in after-hours trading. MarketWatch The deal lands as investors scrutinize the plumbing behind the AI boom, not just the chips that do the math. As data centers scale up clusters of accelerators, bottlenecks often show up in the links that move data between processors, memory and servers. Marvell has been leaning into that shift, pitching
7 January 2026
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Texas Instruments stock jumps 8% as Microchip update sparks analog-chip rally

Texas Instruments stock jumps 8% as Microchip update sparks analog-chip rally

New York, January 6, 2026, 18:32 EST — After-hours Texas Instruments shares jumped on Tuesday and held near the day’s highs in after-hours trading, riding a rally in analog chipmakers after Microchip Technology lifted its quarterly sales view. TXN was last up 8.4% at $192.10, after trading between $178.01 and $192.82. Investing.com The move matters because Texas Instruments is a closely watched read on demand for chips that go into factories and cars — markets investors have flagged as slow to rebound after customers spent months working down inventories. Microchip said on Monday it expects net sales of about $1.185
7 January 2026
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Coinbase (COIN) stock slips after-hours as CEO sale-plan filing follows Goldman upgrade

Coinbase (COIN) stock slips after-hours as CEO sale-plan filing follows Goldman upgrade

New York, January 6, 2026, 18:29 EST — After-hours Coinbase Global shares fell 1.7% to $250.56 in after-hours trading on Tuesday, paring gains from a rally sparked by a bullish Goldman Sachs call a day earlier. Bitcoin was down about 0.6% at $93,442, pressuring crypto-linked shares. Traders have been treating Coinbase as a high-beta proxy for crypto activity, with the stock moving quickly on shifts in bitcoin and brokerage sentiment. The shares jumped 7.8% on Monday after Goldman upgraded the exchange to “buy” from “neutral,” in a broader risk-on session. Reuters Why it matters now: investors are weighing whether Coinbase’s
7 January 2026
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Uber stock jumps nearly 6% as CES robotaxi reveal with Lucid, Nuro lifts shares

Uber stock jumps nearly 6% as CES robotaxi reveal with Lucid, Nuro lifts shares

New York, January 6, 2026, 18:36 EST — After-hours Uber Technologies, Inc. shares rose $4.79, or 5.9%, to $85.54 in late trade on Tuesday after the ride-hailing company and partners Lucid Group and Nuro unveiled a production-intent robotaxi at CES. The stock traded between $80.85 and $85.64 on the day, and about 27.5 million shares changed hands. The move matters because robotaxis are resurfacing as a key swing factor for ride-hailing valuations, with investors weighing whether autonomous fleets expand demand or pressure pricing. For Uber, the question is how much of each fare it can keep as the vehicles and
7 January 2026
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Exxon Mobil stock slides 3% as oil falls on Venezuela supply bets; investors eye next catalyst

Exxon Mobil stock slides 3% as oil falls on Venezuela supply bets; investors eye next catalyst

New York, January 6, 2026, 18:40 EST — After-hours Exxon Mobil Corp shares fell 3.4% to $121.05 on Tuesday, after trading between $121.01 and $126.11. Oil prices slid as the market weighed expectations of ample global supply in 2026 against uncertainty over Venezuelan output after the U.S. capture of President Nicolas Maduro. Brent settled down 1.7% at $60.70 a barrel and U.S. West Texas Intermediate fell 2% to $57.13, while Morgan Stanley analysts warned the balance could tip into a surplus of as much as 3 million barrels a day in the first half. “Oil supply will be sufficient in
7 January 2026
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Lumentum stock spikes 11% as AI data-center trade rebounds; Feb. 3 earnings loom

Lumentum stock spikes 11% as AI data-center trade rebounds; Feb. 3 earnings loom

New York, Jan 6, 2026, 18:26 ET — After-hours Shares of Lumentum Holdings Inc (LITE.O) were up 11.3% at $397.42 in after-hours trading on Tuesday, after swinging between $340.46 and $399.50 during the session. The move put the optical-components maker among the day’s standout gainers in a corner of the market tied to artificial-intelligence data centers, after a choppy start to 2026. Investors have been recalibrating bets on whether heavy capital spending by “hyperscalers” — the biggest cloud computing groups — will translate into profits, with several infrastructure stocks swinging sharply day to day. Investors.com Lumentum on Monday said it
7 January 2026
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Eli Lilly stock rises after hours on Nimbus obesity pill deal as Ventyx talks surface

Eli Lilly stock rises after hours on Nimbus obesity pill deal as Ventyx talks surface

New York, January 6, 2026, 18:18 EST — After-hours Eli Lilly and Company stock closed up 2.2% on Tuesday and was up about 0.1% in after-hours trading after Nimbus Therapeutics said it struck a research and licensing deal with the drugmaker to pursue an oral obesity treatment. Yahoo Finance The news lands as investors look for the next leg of growth in obesity care, where convenience matters and pill options could widen uptake beyond weekly injections. Industry forecasts have pegged the obesity-drug market at more than $150 billion a year by the early 2030s, and drugmakers are racing to develop
7 January 2026
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PizzaExpress shuts Millenia Walk and Scotts Square, leaving just 2 outlets in Singapore

PizzaExpress shuts Millenia Walk and Scotts Square, leaving just 2 outlets in Singapore

Singapore, January 7, 2026, 07:14 (SGT) PizzaExpress’ Singapore franchise has shut its Millenia Walk and Scotts Square outlets, cutting the British pizza chain’s local footprint to two stores. In a Jan 1 Facebook post, the franchise said the two sites ceased operations from Dec 31, 2025 and gave no reason. The Business Times The closures highlight the strain and turnover in Singapore’s food and beverage (F&B) sector — the restaurant and cafe trade — where brands open and shut at a brisk pace. A written parliamentary reply by the Ministry of Trade and Industry showed 3,047 F&B businesses closed in
7 January 2026
Octopus Energy’s Kraken lands $1bn funding round as spinout plans sharpen

Octopus Energy’s Kraken lands $1bn funding round as spinout plans sharpen

London, January 6, 2026, 23:14 GMT Octopus Energy’s software arm Kraken has raised about $1 billion in its first standalone equity round, valuing the utility technology business at $8.65 billion, Ontario Teachers’ Pension Plan said on Monday. Octopus will keep a 13.7% stake in Kraken after the split, it said. OTPP The carve-out puts fresh capital behind a bet that utilities will pay up for modern systems as grids strain under electrification and more variable renewable power. It also aims to make Kraken easier to sell to rival suppliers by loosening its ties to Octopus, which operates a large retail
7 January 2026
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Stock Market Today

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 07.02.2026

7 February 2026
LIVEMarkets rolling coverageStarted: February 7, 2026, 12:00 AM ESTUpdated: February 7, 2026, 12:31 AM EST Dollar Dips as Stocks Rally and US Data Influences Fed Rate Expectations February 7, 2026, 12:18 AM EST. The **dollar index** fell 0.17%, pressured by a rebound in equity markets reducing demand for the safe-haven currency. Weaker-than-expected U.S. labor market data raised the odds of a Fed rate cut to 18% for March, though consumer sentiment improved to a six-month high, limiting losses. Hawkish comments from Atlanta Fed's Raphael Bostic emphasized maintaining restrictive monetary policy. The dollar faces medium-term weakness amid expectations for rate cuts
Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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