Today: 8 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.

Robinhood stock tumbles as Bitcoin whipsaws; HOOD earnings set the next test

Robinhood stock tumbles as Bitcoin whipsaws; HOOD earnings set the next test

Robinhood shares fell 7.7% to $91.87 by midday Monday, tracking declines in crypto-linked stocks as Bitcoin rebounded to $78,939. Piper Sandler maintained its $155 target but warned of weaker crypto volumes and seasonal headwinds. Traders await Robinhood’s Feb. 10 earnings for insight into retail activity. The company’s expansion into prediction markets adds a new variable for investors.
2 February 2026
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CoreWeave stock slips as class-action notices pile up ahead of earnings

CoreWeave stock slips as class-action notices pile up ahead of earnings

CoreWeave shares fell 1.5% to $91.82 by midday Monday after new class action lawsuits alleged false statements and highlighted disclosure risks. Investors are awaiting the Feb. 18 earnings report for updates on capacity and spending. The stock faces pressure from litigation headlines and concerns over funding and delivery timelines. Nvidia and Microsoft also slipped, while Alphabet rose.
2 February 2026
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Freeport-McMoRan stock steadies after wild swing as copper tumbles — what to watch next

Freeport-McMoRan stock steadies after wild swing as copper tumbles — what to watch next

Freeport-McMoRan shares rebounded 1.1% to $60.88 by midday after an early drop, as copper futures slid over 3% on both COMEX and LME. Metals sold off after Donald Trump named Kevin Warsh to replace Jerome Powell at the Fed, fueling rate concerns. CME Group raised margin requirements for metal futures. U.S. ISM manufacturing PMI rose to 52.6 in January, with new orders at 57.1.
2 February 2026
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GE Vernova stock rises as senior notes offering targets Prolec GE deal

GE Vernova stock rises as senior notes offering targets Prolec GE deal

GE Vernova shares rose 3.6% to $752.44 Monday after launching a senior notes offering to help fund its $5.3 billion acquisition of the remaining Prolec GE stake. The company has not disclosed the size or maturity of the bonds. Proceeds will also support general corporate needs. Investors are watching for pricing details and confirmation the Prolec deal closes as scheduled.
2 February 2026
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Unity stock rebounds as Google’s “Project Genie” jitters ease — what investors watch next

Unity stock rebounds as Google’s “Project Genie” jitters ease — what investors watch next

Unity shares rose 3.2% to $30.04 Monday, rebounding after last week’s 24% plunge triggered by Google’s launch of an AI world-generation tool. Analysts remain split on whether AI tools threaten demand for Unity’s game engine. Benchmark maintained its hold rating, citing risks from “world model” tech. Investors await Unity’s earnings on Feb. 11 for management’s view on AI and advertising trends.
2 February 2026
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IREN Limited stock slides as bitcoin miners wobble ahead of earnings this week

IREN Limited stock slides as bitcoin miners wobble ahead of earnings this week

IREN Limited shares fell 3.7% to $51.74 by midday Monday on Nasdaq, with trading volume reaching 20.1 million. The drop followed sharp swings in bitcoin, which climbed 1.7% to $78,864 after a weekend slump. Other U.S.-listed miners also declined. IREN will report quarterly results Thursday, with investors watching for updates on AI cloud growth and mining margins.
2 February 2026
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Lumentum stock (Nasdaq: LITE) jumps 13% as earnings day nears

Lumentum stock (Nasdaq: LITE) jumps 13% as earnings day nears

Lumentum shares jumped 13.1% to $443.13 by midday Monday after hitting $448.24, ahead of fiscal Q2 earnings due Tuesday after the close. The company forecast Q2 revenue of $630 million to $670 million and a non-GAAP operating margin of 20% to 22%. Morgan Stanley raised its price target to $350 but kept an equal-weight rating. Trading volume reached about half the three-month average.
2 February 2026
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ServiceNow stock price rebounds as software shares steady, buyback back in focus

ServiceNow stock price rebounds as software shares steady, buyback back in focus

ServiceNow shares climbed 3.7% to $121.33 on Monday, rebounding after last week’s sector slide and outpacing tech peers. The company recently reported Q4 subscription revenue of $3.47 billion and announced an imminent $2 billion accelerated buyback. Investors are watching for demand signals as the buyback and AI partnerships develop. Salesforce and Adobe also rose, while Microsoft slipped.
2 February 2026
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Eli Lilly stock price climbs as obesity-drug forecasts get a reality check before earnings

Eli Lilly stock price climbs as obesity-drug forecasts get a reality check before earnings

Eli Lilly shares rose 1.5% to close near $1,052.70 Monday, recovering from early losses ahead of its earnings report due Wednesday. Analysts have cut long-term forecasts for obesity drugs as prices fall and competition intensifies, with 2030 sales estimates for GLP-1 drugs dropping to about $100 billion. Investors are focused on Lilly’s pricing strategy and demand outlook. The FDA is set to rule on Lilly’s weight-loss pill by April 10.
2 February 2026
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Seagate Technology stock jumps again: what’s moving STX shares now and what to watch next

Seagate Technology stock jumps again: what’s moving STX shares now and what to watch next

Seagate shares rose 4.8% to $427.30 Monday, hitting an intraday high of $434.60, as investors favored data-center hardware stocks. Western Digital climbed 5.8%. The rally followed Seagate’s strong earnings and outlook, with CEO Dave Mosley citing full allocation of nearline capacity through 2026. TrendForce warned DRAM prices could spike up to 95% this quarter due to supply-demand imbalances.
2 February 2026
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KLA stock dips today as peers climb; guidance and China export rules keep traders cautious

KLA stock dips today as peers climb; guidance and China export rules keep traders cautious

KLA shares fell about 1% to $1,414 in late morning trading, lagging rivals as chip-equipment stocks and semiconductor ETFs rose. The company reported Q2 revenue of $3.30 billion and adjusted EPS of $8.85, projecting March quarter revenue near $3.35 billion. KLA flagged risks from U.S. export controls on China and supplier disruptions. Its next earnings report is set for April 23.
2 February 2026
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Why Huntington Bancshares Incorporated stock is up after the Cadence merger close

Why Huntington Bancshares Incorporated stock is up after the Cadence merger close

Huntington Bancshares shares rose 1.9% to $17.82 after the bank completed its $7.4 billion all-stock merger with Cadence Bank. The combined bank now holds $279 billion in assets and claims the top deposit market share in Mississippi. Cadence shareholders received 2.475 Huntington shares per Cadence share. Investors are watching for integration costs and the timing of customer account transitions, set for mid-2026.
2 February 2026
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UnitedHealth stock bounces even after Truist, JPMorgan trim targets as Medicare Advantage rates loom

UnitedHealth stock bounces even after Truist, JPMorgan trim targets as Medicare Advantage rates loom

UnitedHealth shares rose 1% to $289.75 Monday, outperforming peers as Humana, Elevance, and Cigna declined. Truist and JPMorgan cut price targets but kept positive ratings. Investors focused on Medicare Advantage payment rates and 2026 cost trends after last week’s sector sell-off. Final 2027 Medicare Advantage rates are expected in April.
2 February 2026
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Stock Market Today

AMD stock bounces 8% after brutal midweek slide — what investors watch before Monday

AMD stock bounces 8% after brutal midweek slide — what investors watch before Monday

8 February 2026
AMD shares jumped 8.28% to $208.44 Friday, rebounding after steep losses earlier in the week. Chip stocks rallied as investors bet on continued AI data center spending by major tech firms. Nvidia rose 7.8%, Broadcom gained 7.1%, and the Philadelphia Semiconductor Index closed up 5.7%. Markets now await macroeconomic data and Nvidia’s late-February results.
Intel stock price jumps to $50: China CPU delays and SambaNova funding set up week ahead

Intel stock price jumps to $50: China CPU delays and SambaNova funding set up week ahead

8 February 2026
Intel shares rose 4.9% to $50.59 Friday, tracking a 5.7% jump in the PHLX semiconductor index as investors bet on AI-driven data-center spending. Reuters reported Intel and AMD warned Chinese customers of tighter server CPU supply, pushing Intel’s China prices up over 10%. Intel expects supply to improve in Q2. After the bell, Reuters said Intel plans to invest about $100 million in AI chip startup SambaNova Systems.
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