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.

McDonald’s stock rebounds as McRib lawsuit hits headlines — what could move MCD next

McDonald’s stock rebounds as McRib lawsuit hits headlines — what could move MCD next

NEW YORK, Jan 6, 2026, 15:48 EST — Regular session McDonald’s Corp shares rose about 1% on Tuesday to $302.94, recovering ground after the company pushed back against a proposed class action tied to its McRib sandwich. The stock traded between $298.36 and $304.19 during the session, with about 2.3 million shares changing hands. CBS News The bounce comes after McDonald’s shares fell 1.1% on Monday to $299.86, extending a six-session slide and leaving the stock about 8% below its 52-week high. Rival moves were mixed on Monday, with Starbucks closing higher while Yum Brands slipped. MarketWatch In the lawsuit,
6 January 2026
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Amphenol (APH) stock steadies after sharp swing with earnings in view

Amphenol (APH) stock steadies after sharp swing with earnings in view

New York, January 6, 2026, 15:33 (EST) — Regular session Amphenol Corp shares were up 0.4% at $140.40 in afternoon trading on Tuesday, after a volatile session that took the stock as low as $130.70 before it rebounded. The SPDR S&P 500 ETF was up about 0.6% and the Invesco QQQ Trust gained about 0.9%, pointing to broader risk-on trading. The late-session bounce matters because Amphenol heads into a catalyst-heavy stretch, with investors looking for a clean read on demand in connectors and high-speed cable assemblies used across data centers, aerospace and defense. After a strong run, the stock has
6 January 2026
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ServiceNow stock rises after Arete upgrade; Microsoft veteran Nowbar joins leadership

ServiceNow stock rises after Arete upgrade; Microsoft veteran Nowbar joins leadership

New York, January 6, 2026, 15:21 EST — Regular session ServiceNow shares rose on Tuesday after Arete upgraded the enterprise workflow software maker to “buy” from “neutral” and set a $200 price target, its estimate of where the stock could trade over the next year. ServiceNow stock was up 1.3% at $149.51 in afternoon trading. The upgrade lands as investors reassess software valuations early in 2026, after a year when many security and infrastructure names lagged the broader market. Piper Sandler analyst Rob Owens said he was “cautiously optimistic” on the group this year, but argued broad monetization of generative
6 January 2026
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Freeport-McMoRan stock climbs on record copper prices — what FCX investors watch next

Freeport-McMoRan stock climbs on record copper prices — what FCX investors watch next

New York, Jan 6, 2026, 15:21 EST — Regular session Freeport-McMoRan (FCX.N) shares were up 2.9% at $55.97 in afternoon trading on Tuesday, tracking a renewed surge in copper prices to record highs. Benchmark copper on the London Metal Exchange hit a fresh intraday record, keeping miners bid. Bloomberg.com The copper rally is putting the spotlight back on miners as investors position for tighter supply and strong end-demand in power and construction, where the metal is a key input. For equity traders, Freeport often serves as a direct read-through on the copper tape because moves in the commodity can quickly
6 January 2026
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ConocoPhillips stock dips below $100 as oil slides on Venezuela supply talk

ConocoPhillips stock dips below $100 as oil slides on Venezuela supply talk

New York, Jan 6, 2026, 15:17 EST — Regular session ConocoPhillips shares (COP.N) fell 1.8% to $97.39 by 3:02 p.m. EST, retreating with other U.S. oil majors after a sharp move a day earlier. Exxon Mobil (XOM.N) was down 2.9% and Chevron (CVX.N) slid 4.5%. Oil prices eased as traders weighed expectations of ample global supply in 2026 against uncertainty over Venezuelan output after the U.S. capture of President Nicolas Maduro at the weekend. Brent crude was down 1.1% at $61.07 a barrel and U.S. West Texas Intermediate slipped 1.4% to $57.53 by early afternoon. “Oil supply will be sufficient
6 January 2026
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Halliburton stock drops on fresh downgrades as Venezuela rally fades

Halliburton stock drops on fresh downgrades as Venezuela rally fades

New York, Jan 6, 2026, 15:25 EST — Regular session Halliburton shares fell 3.4% to $30.84 in afternoon trading on Tuesday after two brokerage downgrades, giving back part of the prior session’s surge. The stock has ranged between $32.48 and $30.64 on the day. The move comes after oil-and-gas stocks jumped on Monday on investor optimism that Washington’s push to reshape Venezuela’s oil sector could open longer-term opportunities for U.S. companies. Oilfield services firms such as Halliburton rose with peers on expectations their equipment and crews would be needed if production ramps, even as analysts cautioned any recovery would take
6 January 2026
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Spotify (SPOT) stock slides 3% in regular trade as investors eye jobs data and Feb. 10 earnings

Spotify (SPOT) stock slides 3% in regular trade as investors eye jobs data and Feb. 10 earnings

New York, Jan 6, 2026, 15:06 EST — Regular session Spotify Technology S.A. shares fell 3.3% to $574.0 as of 3:06 p.m. EST on Tuesday, down $19.41 from Monday’s close of $593.39. The stock, valued at about $120 billion, traded about 1.2 million shares, below its 2.1-million average daily volume. The drop contrasted with modest gains in the Nasdaq and S&P 500 as investors braced for Friday’s U.S. nonfarm payrolls report, the government’s monthly count of job growth, and other labor data that could shift expectations for interest rates. Reuters Spotify on Tuesday launched a week-long podcasting campaign tied to
6 January 2026
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Qualcomm stock rises as CES 2026 brings Google auto tie-up, Snapdragon X2 Plus AI PC push

Qualcomm stock rises as CES 2026 brings Google auto tie-up, Snapdragon X2 Plus AI PC push

New York, January 6, 2026, 15:13 ET — Regular session Qualcomm shares rose 3.4% to $182.25 in afternoon trading on Tuesday, after the chip designer rolled out new products and partnerships at CES 2026 in Las Vegas. The stock traded between $176.50 and $184.38 during the session. The CES headlines land at a key moment for Qualcomm as it tries to widen its growth engine beyond smartphone chips and licensing, with autos, PCs and industrial devices in focus. Investors have leaned into the theme that more computing is shifting to the “edge” — devices such as cars and laptops —
6 January 2026
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Coca-Cola stock slips in New York trade as investors rotate to tech; jobs data looms

Coca-Cola stock slips in New York trade as investors rotate to tech; jobs data looms

New York, Jan 6, 2026, 15:26 EST — Regular session Coca-Cola Co shares (KO) were down 0.1% at $67.87 in afternoon trading on Tuesday. The stock is coming off a 1.7% drop on Monday, its fourth straight daily decline, and has lagged rivals in recent sessions. PepsiCo fell 1.6% on Monday, while Starbucks rose 3.1% and Mondelez edged up, MarketWatch data showed. MarketWatch The softness in defensive names such as Coca-Cola has come as the wider market leaned on tech and healthcare, with chip stocks jumping on renewed artificial-intelligence optimism and the Dow hitting a record. “We’re going to have
6 January 2026
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Home Depot stock rises as Wall Street rallies and investors eye U.S. jobs report

Home Depot stock rises as Wall Street rallies and investors eye U.S. jobs report

New York, Jan 6, 2026, 15:11 EST — Regular session Home Depot shares rose 1.5% on Tuesday, tracking a broad market advance as investors waded back into rate-sensitive retail names. The stock was up $5.10 at $349.19 in afternoon trading after swinging between $338.11 and $349.27. The gains came as U.S. stocks extended a strong start to 2026, with the Dow set for another record as chip shares rallied on fresh AI optimism. Investors are also looking ahead to this week’s labor data for clues on the path of Federal Reserve interest rates. Reuters Rival Lowe’s gained about 1.0%, while
6 January 2026
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Salesforce stock rises as RBC lifts target to $290, AI bets back in focus for CRM shares

Salesforce stock rises as RBC lifts target to $290, AI bets back in focus for CRM shares

New York, January 6, 2026, 14:42 EST — Regular session Salesforce (CRM) shares climbed 2.6% to $262.82 in afternoon trading on Tuesday, tracking a broader bid for large-cap software names as investors leaned back into AI-linked trades. The move matters because sentiment in enterprise software has turned on a narrow question: which vendors can turn artificial intelligence into billable products without stalling core subscription growth. Salesforce sits near the center of that debate as it pushes AI “agent” tools aimed at automating customer-facing work. Rate bets are also back in play. Growth stocks tend to move with expectations for Federal
6 January 2026
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Adobe stock (ADBE) rises despite Jefferies downgrade as AI payoff comes under fresh scrutiny

Adobe stock (ADBE) rises despite Jefferies downgrade as AI payoff comes under fresh scrutiny

New York, Jan 6, 2026, 14:25 EST — Regular session Adobe Inc shares rose in afternoon trading on Tuesday, even after Jefferies cut its rating a day earlier, keeping the market’s focus on how fast the software maker can turn generative AI into paid growth. The stock was up 0.8% at $334.19 after swinging between $329.20 and $336.30. The move matters because Adobe’s valuation debate has narrowed to one question: will AI features lift revenue, or mainly defend share against cheaper tools that are spreading across creative work. A downgrade from a large brokerage can amplify that test early 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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