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.

PepsiCo stock today: PEP slips to start 2026 as investors eye Feb. 3 earnings and key U.S. data

PepsiCo stock today: PEP slips to start 2026 as investors eye Feb. 3 earnings and key U.S. data

NEW YORK, Jan 3, 2026, 03:22 PM ET — Market closed PepsiCo shares ended Friday down 0.9% at $142.23, as the beverage-and-snacks maker started 2026 on a softer note. Yahoo Finance The dip matters now because traders are recalibrating rate expectations for the new year after U.S. Treasury yields climbed and markets refocused on what the Federal Reserve does next. Reuters For PepsiCo, the calendar tightens quickly: the company has said it will report fourth-quarter and full-year 2025 results on Feb. 3, when it also plans to detail total cash returns to shareholders. PepsiCo The stock traded between $142.10 and
3 January 2026
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MongoDB stock drops nearly 5% to start 2026 as software sector lags; $400 level in focus

MongoDB stock drops nearly 5% to start 2026 as software sector lags; $400 level in focus

NEW YORK, Jan 3, 2026, 15:32 ET — Market closed MongoDB shares closed down 4.8% on Friday, sliding with high-growth software stocks in the first regular U.S. session of 2026. The database company ended at $399.65. The pullback left the stock just under the $400 mark after it traded as low as $392.86 and as high as $432.70 in the session. Why it matters now: investors started the year rotating into value shares as U.S. Treasury yields — government bond rates — moved higher. That shift often pressures richly valued software names because higher rates can compress valuations. The iShares
3 January 2026
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Shopify stock falls 2% to start 2026 as court order and rising yields weigh on SHOP

Shopify stock falls 2% to start 2026 as court order and rising yields weigh on SHOP

NEW YORK, Jan 3, 2026, 3:19 PM ET — Market closed Shopify Inc. shares closed down 2.34% at $157.20 on Friday, the first U.S. session of 2026. U.S. markets are shut on Saturday. Shopify Investors The move matters because Shopify sits in the high-growth corner of the market, where valuations are sensitive to interest rates. Treasury yields ticked higher on Friday as investors looked ahead to a heavy run of U.S. labor data next week. Reuters Shopify also faced fresh scrutiny in Canada after a Federal Court of Appeal order tied to a dispute with the Canada Revenue Agency (CRA).
3 January 2026
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KLA stock surges nearly 5% to start 2026 as chip-gear rally puts KLAC near a new high

KLA stock surges nearly 5% to start 2026 as chip-gear rally puts KLAC near a new high

NEW YORK, Jan 3, 2026, 15:20 ET — Market closed KLA Corp shares closed up 4.89% at $1,274.47 on Friday, as chip-equipment stocks rallied to open the 2026 trading year. The stock traded between $1,250.55 and $1,283.99 and finished about $12 below its 52-week high of $1,286.81, according to market data. Investing The move matters because KLA sits at the front end of chipmakers’ spending plans. Demand for the company’s process-control tools tends to track how aggressively customers expand capacity for advanced chips and memory used in artificial-intelligence workloads. Semiconductors led the market on Friday, with the Philadelphia Semiconductor Index
3 January 2026
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Bloom Energy stock jumps 14% to start 2026 as Wells Fargo credit line stays in focus

Bloom Energy stock jumps 14% to start 2026 as Wells Fargo credit line stays in focus

NEW YORK, Jan 3, 2026, 10:33 ET — Market closed Bloom Energy Corp shares jumped 13.6% in the last regular session on Friday to close at $98.69, putting the fuel-cell maker among the day’s stronger clean-energy performers. Investing.com India The move matters at the start of 2026 because investors have been quick to reprice rate-sensitive, high-volatility names on shifts in the outlook for U.S. growth and interest rates. Reuters Bloom also has a liquidity headline still in play: in a late-December SEC filing, the company disclosed a $600 million senior secured revolving credit facility led by Wells Fargo. A revolving
3 January 2026
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Merck stock starts 2026 higher as Cidara tender-offer deadline hits next week

Merck stock starts 2026 higher as Cidara tender-offer deadline hits next week

NEW YORK, Jan 3, 2026, 15:08 ET — Market closed Merck & Co. (MRK) shares ended Friday up about 1.2% at $106.45. Nasdaq said the cash tender offer for Cidara Therapeutics is scheduled to expire one minute after 11:59 p.m. ET on Jan. 6, with the merger tentatively slated to close before the market opens Jan. 7. The exchange said Cidara shares would be halted after the after-hours session on Jan. 6 and suspended Jan. 8 if the deal closes as planned. NASDAQ Trader That timetable matters now because it gives Merck investors a near-term corporate catalyst at the start
3 January 2026
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Workday stock drops 4% to near a 52-week low — here’s what traders watch next

Workday stock drops 4% to near a 52-week low — here’s what traders watch next

NEW YORK, January 3, 2026, 15:15 ET — Market closed Workday, Inc. shares closed down 4.2% at $205.79 on Friday, the last U.S. session before the weekend. The stock hit $202.23 in intraday trading, the low end of its 52-week range, and is about 27% below its 52-week high of $283.58. Businessinsider That matters early in the year because investors often use year-end price action to reassess growth stocks. Workday is widely held as a bet on corporate spending for cloud-based HR and finance systems. Software names can also swing with interest-rate expectations, since their valuations lean heavily on future
3 January 2026
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Chevron stock (CVX) in spotlight after Trump vows billions for Venezuela oil reset

Chevron stock (CVX) in spotlight after Trump vows billions for Venezuela oil reset

NEW YORK, Jan 3, 2026, 15:01 ET — Market closed U.S. President Donald Trump said American oil companies were prepared to invest billions of dollars to restore Venezuela’s oil production after Nicolás Maduro was captured and removed by U.S. forces, putting Chevron’s Venezuela footprint back on traders’ screens ahead of Monday’s open. Chevron said it was focused on employee safety and the integrity of its assets, and said it continued to operate in compliance with relevant laws and regulations; Trump said a U.S. embargo on Venezuelan oil remained in effect. Reuters The stakes are high because Venezuela holds the world’s
3 January 2026
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Uber stock today: UBER closes higher as UK ‘taxi tax’ contract rewrite hits the tape

Uber stock today: UBER closes higher as UK ‘taxi tax’ contract rewrite hits the tape

NEW YORK, Jan 3, 2026, 15:00 ET — Market closed Uber Technologies Inc shares closed up 1.4% on Friday at $82.86. The stock traded between $81.47 and $83.66, with about 13.1 million shares changing hands. Yahoo Finance A report said Uber has revised driver contract terms outside London to limit the impact of Britain’s new “taxi tax” rules that took effect this week. The Guardian said the change recasts Uber as an agent rather than the supplier of transport services outside London, shifting any value-added tax (VAT) — a sales tax — onto drivers who contract directly with passengers. Uber’s
3 January 2026
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Texas Instruments stock jumps as chipmakers rally — here’s what TXN investors watch next

Texas Instruments stock jumps as chipmakers rally — here’s what TXN investors watch next

New York, January 3, 2026, 14:56 ET — Market closed Texas Instruments Incorporated shares rose 2.3% to $177.52 at Friday’s close, after trading between $174.71 and $178.88. About 6.1 million shares changed hands. The move matters because chip stocks are setting the early tone for risk appetite at the start of 2026, after a choppy finish to the year. Texas Instruments is often treated as a read-through on broad electronics demand because its chips go into a wide range of products. That sensitivity is in focus heading into earnings season, when management commentary can reset expectations for orders and inventories.
3 January 2026
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Qualcomm stock today: QCOM rises on Toyota RAV4 Snapdragon news as CES, earnings loom

Qualcomm stock today: QCOM rises on Toyota RAV4 Snapdragon news as CES, earnings loom

NEW YORK, Jan 3, 2026, 14:50 ET — Market closed Qualcomm (QCOM) shares ended Friday up 1.1% at $172.98. The move followed fresh automotive news from the company and came ahead of CES events that often set the tone for chip and device names in early January. Qualcomm Why it matters now is timing. CES 2026 in Las Vegas runs Jan. 6-9, and investors are watching for updates on Qualcomm’s push beyond smartphones into PCs and cars — two areas where design wins can translate into multi-year revenue streams. CES With U.S. markets shut Saturday, the next leg for tech
3 January 2026
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Citigroup stock today: Citi shares rise as yields climb, with jobs data and earnings next on deck

Citigroup stock today: Citi shares rise as yields climb, with jobs data and earnings next on deck

NEW YORK, Jan 3, 2026, 2:51 PM ET — Market closed Citigroup shares rose 1.7% on Friday to close at $118.70, a first-session lift for 2026 that tracked a rise in U.S. Treasury yields. The benchmark S&P 500 ended up 0.19% as the 10-year yield climbed to 4.191%. Reuters The move matters because big banks tend to trade on interest-rate expectations. When longer-term yields rise, it can support net interest income — the spread between what a bank earns on loans and pays on deposits — though higher rates can also raise funding costs. It also lands at a time
3 January 2026
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Stock Market Today

Broadcom Stock Gets a Google AI Spend Lift as Jefferies Sees 60% Upside

Broadcom Stock Gets a Google AI Spend Lift as Jefferies Sees 60% Upside

7 February 2026
Google raised its 2026 capital expenditure forecast to $175 billion–$185 billion, with most spending expected on data-center chips. Broadcom shares rose about 2% after the announcement, while Nvidia and AMD slipped. Jefferies reiterated a buy rating on Broadcom, maintaining a $500 price target, implying a 62% upside from Wednesday’s close.
No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

7 February 2026
The IRS has not announced new federal stimulus payments for February 2026, and Congress has not approved fresh checks. Trump told NBC he is considering $2,000 tariff rebate checks but has not committed, saying any payout would likely come later in 2026. The IRS warns taxpayers to ignore texts and emails about “stimulus payments” and verify notices through official channels.
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