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.

Netflix stock slides 3% into 2026 as Warner Bros deal and Jan. 20 earnings loom

Netflix stock slides 3% into 2026 as Warner Bros deal and Jan. 20 earnings loom

NEW YORK, Jan 3, 2026, 09:58 ET — Market closed Shares of Netflix, Inc. (NFLX) fell about 3% on Friday and ended at $90.99. The stock opened at $94.11, traded between $90.83 and $94.50, and saw roughly 41 million shares change hands. The decline keeps Netflix on the defensive heading into the first full week of 2026, as investors weigh deal risk against the company’s underlying streaming performance. That matters now because Netflix is due to update the market on revenue momentum, spending and cash generation in its next quarterly report, a potential reset point for the stock after a
3 January 2026
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Strategy (MSTR) stock jumps as Bitcoin steadies near $90,000 — here’s what investors are watching

Strategy (MSTR) stock jumps as Bitcoin steadies near $90,000 — here’s what investors are watching

NEW YORK, Jan 3, 2026, 10:04 ET — Market closed Strategy Inc shares rose 3.4% in the last U.S. session on Friday, closing at $157.16 after swinging between $149.75 and $160.79. Volume was about 19.9 million shares. StockAnalysis The move matters because Strategy trades as a high-volatility proxy for bitcoin — the stock often moves more than the cryptocurrency as traders price in the firm’s crypto-heavy balance sheet and financing model. An SEC filing on Friday showed Strategy increased the regular annual dividend rate on its Variable Rate Series A Perpetual Stretch preferred stock (ticker STRC) to 11.00%, effective for
3 January 2026
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Sandisk stock jumps 16% to start 2026 as SNDK rallies on board move and chip strength

Sandisk stock jumps 16% to start 2026 as SNDK rallies on board move and chip strength

NEW YORK, Jan 3, 2026, 10:10 ET — Market closed Sandisk Corp shares closed up 15.95% on Friday, finishing at $275.24 in the first U.S. session of 2026. Sandisk The surge matters because Sandisk has become a high-momentum proxy for the “memory trade” — bets that demand for storage tied to AI data centers is tightening supply and lifting pricing for flash products. The stock ended 2025 up sharply from its $36 spin-off price after separating from Western Digital, Barron’s reported. Barron’s It also comes as investors started the year leaning into chip-linked names even as broader indexes were mixed,
3 January 2026
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Intel stock (INTC) jumps nearly 7% as chip rally kicks off 2026 — what’s next

Intel stock (INTC) jumps nearly 7% as chip rally kicks off 2026 — what’s next

NEW YORK, Jan 3, 2026, 10:00 ET — Market closed Intel Corp (INTC) shares closed up 6.7% at $39.38 on Friday, their latest move as U.S. markets sit closed for the weekend. The stock traded between $37.41 and $39.86 and logged about 95.4 million shares in volume. The jump matters because semiconductors have been doing much of the heavy lifting for U.S. equities, and Intel remains a widely traded proxy for sentiment toward the group. With January data and the fourth-quarter earnings season ahead, investors are testing whether the year-end pullback reset entry points for big tech and chip names,
3 January 2026
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Google stock (GOOG) starts 2026 higher — here’s what could move Alphabet next

Google stock (GOOG) starts 2026 higher — here’s what could move Alphabet next

NEW YORK, January 3, 2026, 09:54 ET — Market closed Alphabet Inc’s Class C shares (GOOG) closed up about 0.5% at $315.32 on Friday, the first session of 2026, giving the Google parent a market value of about $2.94 trillion. Alphabet’s Class A shares (GOOGL) gained about 0.7%. The muted move matters because the first full week of January brings a heavy U.S. calendar that can reset expectations for interest rates — a key driver for high-valuation technology stocks. Fed funds futures, interest-rate contracts that reflect traders’ expectations, suggest little chance of a cut at the Fed’s late-January meeting but
3 January 2026
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AMD stock jumps 4% to start 2026 as chip rally returns — CES keynote now the next test

AMD stock jumps 4% to start 2026 as chip rally returns — CES keynote now the next test

New York, January 3, 2026, 10:01 ET — Market closed Advanced Micro Devices Inc (AMD.O) shares ended Friday, Jan. 2 up 4.35% at $223.47, tracking a broad rally in semiconductor stocks on the first trading day of 2026. The chipmaker traded between $218.90 and $227.15, with about 36.45 million shares changing hands, and remained about 16% below its 52-week high of $267.08. Investing Chip stocks powered a rebound that snapped a four-day losing streak for U.S. equities, with the Philadelphia Semiconductor Index — a benchmark for major chipmakers — up 4%, Reuters reported. Joe Mazzola, head of trading and derivatives
3 January 2026
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Broadcom stock edges up as chip shares rally to start 2026; AI valuations back in focus

Broadcom stock edges up as chip shares rally to start 2026; AI valuations back in focus

NEW YORK, Jan 3, 2026, 09:49 ET — Market closed Broadcom Inc. shares rose 0.44% on Friday to close at $347.62, lagging a broad chip-sector rebound in the first U.S. trading session of 2026. MarketWatch U.S. markets are closed on Saturday, leaving investors to weigh whether Friday’s semiconductor surge marks a durable turn after late-December volatility. The Philadelphia SE Semiconductor index, a widely watched gauge of U.S. chipmakers, jumped 4% on Friday. Reuters That backdrop matters for Broadcom because the stock has become a bellwether for infrastructure spending tied to artificial intelligence, where investor enthusiasm can swing quickly with rates
3 January 2026
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Meta stock slips to start 2026 as rates rise; traders eye earnings timing

Meta stock slips to start 2026 as rates rise; traders eye earnings timing

NEW YORK, Jan 3, 2026, 09:48 ET — Market closed Meta Platforms shares fell about 1.4% on Friday to close at $650.41, ending the first trading day of 2026 on the back foot. The stock traded between $643.58 and $666.10, with about 13.7 million shares changing hands. The move matters now because investors are re-pricing megacap growth stocks as bond yields drift higher. The benchmark 10-year U.S. Treasury yield ended around 4.19% on Friday as traders looked ahead to next week’s labor-market data and other delayed economic releases, Reuters reported. Reuters U.S. stocks finished mixed, with the Nasdaq edging down
3 January 2026
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Palantir stock tumbles 5.6% to start 2026 as pricey AI names face a reality check

Palantir stock tumbles 5.6% to start 2026 as pricey AI names face a reality check

NEW YORK, Jan 3, 2026, 09:33 ET — Market closed Palantir Technologies Inc. shares fell 5.6% on Friday to close at $167.86, ending the first U.S. trading session of 2026 with a sharp pullback in one of the market’s most closely watched AI-linked software names. The slide mattered because it landed as investors rotated toward AI “infrastructure” winners such as chipmakers, while trimming exposure to some high-valuation growth stocks that drove much of last year’s gains. The Nasdaq dipped 0.03% even as the Dow rose 0.66% and the S&P 500 added 0.19%. Reuters Joe Mazzola, head of trading and derivatives
3 January 2026
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Tesla stock slides after Q4 deliveries report as BYD overtakes — what’s next for TSLA

Tesla stock slides after Q4 deliveries report as BYD overtakes — what’s next for TSLA

NEW YORK, Jan 3, 2026, 09:40 ET — Market closed Tesla shares ended Friday, Jan. 2, down 2.6% at $438.07, after trading between $435.33 and $462.42 on heavy volume. The move matters because Tesla’s delivery tally is a fast, high-frequency read on demand and pricing power in the electric-vehicle market. Deliveries are the number of vehicles handed over to customers, often used as a proxy for sales. The backdrop is getting tougher as incentives roll off and rivals push more models into key markets. China’s BYD said it sold 2.26 million battery-electric vehicles in 2025, overtaking Tesla for the year,
3 January 2026
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Apple stock today slips to start 2026 as Raymond James flags valuation; what investors watch next

Apple stock today slips to start 2026 as Raymond James flags valuation; what investors watch next

NEW YORK, Jan 3, 2026, 09:34 ET — Market closed Apple Inc shares ended Friday down 0.3% at $271.01, starting 2026 on a softer note after a broker reset expectations on valuation even as broader U.S. stocks eked out gains. Investing The move matters because Apple is a heavyweight in major indexes and a bellwether for “megacap” tech positioning at the start of a new year, when investors tend to rebalance exposure and reassess what is already priced into the stock. Reuters Joe Mazzola, head of trading & derivatives strategist at Charles Schwab, described the market’s current mindset as “buy
3 January 2026
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Amazon stock today: AMZN slips as 2026 opens, $235 options level in focus

Amazon stock today: AMZN slips as 2026 opens, $235 options level in focus

NEW YORK, Jan 3, 2026, 09:35 ET — Market closed Amazon.com, Inc. shares fell 1.9% on Friday to close at $226.50, slipping as investors opened 2026 with a mixed appetite for mega-cap tech. The stock traded between $224.71 and $235.39, with about 51.5 million shares changing hands. The move matters now because Amazon is heading into the heart of January’s macro and earnings calendar after the holiday-quarter shopping period, when investors tend to reset positions and reassess growth and spending plans. Wall Street broadly steadied after a late-2025 slide, but heavyweights including Amazon weighed on gains that were led by
3 January 2026
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Stock Market Today

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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