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.

AMD stock slips after CES AI chip push as Feb. 3 earnings comes into view

AMD stock slips after CES AI chip push as Feb. 3 earnings comes into view

New York, Jan 6, 2026, 16:38 EST — After-hours Advanced Micro Devices (AMD.O) shares fell 3.1% to $214.35 in after-hours trading on Tuesday, after the chipmaker showcased new AI products at the CES trade show and flagged Feb. 3 for its next earnings report. The stock traded between $211.30 and $223.87 in the regular session on volume of about 39.8 million shares. CES comes at a sensitive moment for the chip sector, with investors pressing for proof that new “accelerator” chips — processors built to train AI models and run them in real time — are turning into sustained sales.
6 January 2026
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Sandisk (SNDK) stock jumps nearly 28% as Nvidia CES storage push fuels memory rally

Sandisk (SNDK) stock jumps nearly 28% as Nvidia CES storage push fuels memory rally

New York, Jan 6, 2026, 4:22 PM EST — After-hours Sandisk Corp shares jumped 27.6% on Tuesday and were last up the same at $349.57 in after-hours trading, as investors piled into storage and memory names after Nvidia’s CES updates highlighted rising data-center storage needs for AI systems. Western Digital rose 16.8%, Seagate climbed 14.0% and Micron gained 10.0%. The stock traded between $281.59 and $352.36 in the session. Nvidia on Monday introduced an “Inference Context Memory Storage Platform” powered by its BlueField-4 data processor, saying AI models generate vast amounts of context data that must move quickly around a
6 January 2026
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Micron stock jumps 10% as Nvidia CES comments push MU to fresh highs

Micron stock jumps 10% as Nvidia CES comments push MU to fresh highs

New York, Jan 6, 2026, 16:12 EST — After-hours Micron Technology (MU.O) shares were up 10.1% at $343.72 near the end of the regular session on Tuesday. The stock traded between $314.83 and $344.30, with about 44 million shares changing hands. The move came as memory and storage technology stocks rallied after Nvidia CEO Jensen Huang, speaking at the Consumer Electronics Show in Las Vegas, described what Reuters called a new layer of storage technology. The PHLX semiconductor index, which tracks U.S.-listed chipmakers, hit an all-time high and was up about 8% in the first three trading sessions of 2026.
6 January 2026
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Nvidia stock slips as CEO says China H200 go-ahead will show in purchase orders

Nvidia stock slips as CEO says China H200 go-ahead will show in purchase orders

New York, Jan 6, 2026, 16:21 EST — After-hours Nvidia (NVDA) shares dipped in after-hours trading on Tuesday after CEO Jensen Huang said purchase orders, not a public declaration, would signal when Chinese customers can buy the company’s H200 data-center AI chip, a predecessor to its current flagship Blackwell products. The stock was down 0.5% at $187.32, after moving between $186.84 and $192.13 in the regular session. Reuters The update puts the spotlight back on China, where sales of top-end accelerators depend on U.S. export licenses — government approvals to ship. CFO Colette Kress said officials were “working feverishly” on
6 January 2026
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Tesla stock slides 4% as Germany, UK sales data flag Europe pressure ahead of earnings

Tesla stock slides 4% as Germany, UK sales data flag Europe pressure ahead of earnings

New York, January 6, 2026, 16:15 EST — After-hours Tesla shares closed down 4.1% at $433.18 on Tuesday, after swinging between $428.82 and $452.25 in a heavy-volume session. The latest European sales indicators matter because they speak to demand and pricing power at a time when electric-vehicle growth has turned uneven and competition has intensified. For Tesla, weaker registrations in big markets can translate into more discounting, which tends to squeeze margins. The pullback also lands as investors position for Tesla’s next earnings and weigh whether its push into self-driving and robotaxis can offset pressure in the core car business.
6 January 2026
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Amazon (AMZN) stock climbs on AWS self-driving truck deal as U.S. jobs data nears

Amazon (AMZN) stock climbs on AWS self-driving truck deal as U.S. jobs data nears

New York, Jan 6, 2026, 16:12 EST — After-hours Amazon.com Inc shares closed up 3.4% at $240.91 on Tuesday, keeping the Dow component in focus heading into after-hours trading. The stock ranged from $232.07 to $243.18 and traded about 36.6 million shares. Stooq The move comes as investors look for fresh signs that Amazon Web Services, the group’s cloud arm, can keep winning high-margin workloads as companies spend on artificial intelligence. For Amazon, that matters because AWS performance tends to carry disproportionate weight in how the market prices the business. Amazon rose with a broader rally that lifted U.S. stocks
6 January 2026
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Apple stock slips on App Store slowdown signal — what Wall Street is watching next

Apple stock slips on App Store slowdown signal — what Wall Street is watching next

NEW YORK, January 6, 2026, 16:13 (ET) — After-hours Apple Inc shares fell 1.8% on Tuesday to $262.34, sliding as traders weighed fresh signals that App Store spending growth is cooling ahead of the iPhone maker’s next earnings report. That matters because investors have leaned harder on services for proof Apple can grow beyond hardware cycles, and App Store trends often shape expectations for the company’s services line before official results. With Apple valued at roughly 30 times earnings, a price-to-earnings multiple that shows how much investors pay for each dollar of profit, the stock can react sharply to small
6 January 2026
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Why Arista Networks stock is down today: ANET slips despite a Piper Sandler upgrade

Why Arista Networks stock is down today: ANET slips despite a Piper Sandler upgrade

New York, January 6, 2026, 15:51 EST — Regular session Shares of Arista Networks (ANET) fell 2.9% to $133.25 in afternoon trading on Tuesday, after earlier reaching $138.47. Arista, valued at about $168 billion, trades at roughly 55 times trailing earnings. About 5.0 million shares had changed hands. The stock is a proxy for investor appetite for the data-center networks that move traffic between servers, a market being reshaped by artificial intelligence. Some large money managers have started to look harder at valuation in AI-linked names; strategists at BlackRock Investment Institute wrote the backdrop was “ripe for active investing.” Reuters
6 January 2026
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Synopsys stock climbs as CES automotive push and chip rally lift SNPS shares

Synopsys stock climbs as CES automotive push and chip rally lift SNPS shares

New York, Jan 6, 2026, 15:51 EST — Regular session Shares of Synopsys Inc rose 2.9% to $508.47 in afternoon trading on Tuesday, extending gains from the prior session. The stock has traded between $494.19 and $509.40, with about 1.4 million shares changing hands. The move matters because electronic design automation — software used to design and test chips — often moves early in the spending cycle, when customers lock in tools ahead of new silicon projects. Synopsys is also trying to deepen its foothold in automotive engineering as carmakers add more computing power and sensors. The PHLX semiconductor index
6 January 2026
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Nu Holdings stock slips after record close: jobs report and Q4 earnings in focus

Nu Holdings stock slips after record close: jobs report and Q4 earnings in focus

New York, January 6, 2026, 15:42 EST — Regular session Nu Holdings Ltd shares slipped on Tuesday, pausing after a strong start to the year for the Nubank parent. The NYSE-listed stock, which trades as NU, was down 0.3% at $17.90 in afternoon trade, leaving it up about 6.8% since Jan. 1. MarketScreener The pullback matters because Nu has become a high-beta read on appetite for growth and emerging-market financials. With the stock near highs, investors have less patience for misses, and macro data can quickly reset rate expectations that feed into fintech valuations. On Monday, Nu shares jumped 5.4%
6 January 2026
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Disney stock ticks up as BofA says don’t dump DIS ahead of February earnings

Disney stock ticks up as BofA says don’t dump DIS ahead of February earnings

New York, January 6, 2026, 15:45 EST — Regular session Walt Disney shares rose 0.3% to $114.40 in late afternoon trading on Tuesday as a BofA Securities analyst reiterated a buy rating ahead of the company’s next earnings report. The stock traded between $113.11 and $114.75, with volume around 4.8 million shares. The subdued move still matters for Disney holders because the next quarter will test whether higher streaming prices translate into fatter profits without driving cancellations. Investors are also watching whether the parks and cruises business can hold up as consumers become more selective on big-ticket spending. BofA Securities
6 January 2026
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Wells Fargo stock shrugs off Baird downgrade as bulls point to earnings ahead

Wells Fargo stock shrugs off Baird downgrade as bulls point to earnings ahead

NEW YORK, Jan 6, 2026, 15:45 EST — Regular session Wells Fargo & Co shares were up about 0.1% at $96.50 in late trading on Tuesday after Robert W. Baird downgraded the lender, a cautious note that landed as the stock hovers near recent highs. The stock traded between $95.12 and $96.51 in the session. The downgrade follows a strong start to the year for Wells Fargo stock, which closed Monday at $96.38, a new 52-week closing high, according to MarketWatch data. That run-up has left less room for error as investors reassess how much good news is already in
6 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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