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.

GE Vernova stock jumps 4% as Baird turns bullish and $2.6 billion bond deal settles

GE Vernova stock jumps 4% as Baird turns bullish and $2.6 billion bond deal settles

GE Vernova shares rose about 4% to $767.26 by midday Friday after Baird upgraded the stock to Outperform and raised its price target to $923. The company completed a $2.6 billion senior notes offering to help fund its acquisition of the remaining Prolec GE stake. The rebound follows a two-day slide that erased a recent winning streak. First-quarter earnings are scheduled for April 22.
6 February 2026
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Costco stock price today: COST hovers near $1,000 after January sales pop and fresh Wall Street calls

Costco stock price today: COST hovers near $1,000 after January sales pop and fresh Wall Street calls

Costco shares rose 0.6% Friday to about $995 after reporting January net sales of $21.33 billion, up 9.3% year-over-year. Oppenheimer and Baird raised their price targets to $1,100, citing strong sales momentum, while Roth MKM maintained a sell rating at $769. Comparable sales climbed 7.1%, with digital sales up 34.4%. The company cited calendar effects as a drag on January results.
6 February 2026
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IREN stock price whipsaws after Q2 miss as Microsoft GPU financing takes center stage

IREN stock price whipsaws after Q2 miss as Microsoft GPU financing takes center stage

IREN shares surged nearly 7% to $42.64 Friday after plunging 11% on a quarterly revenue miss. The bitcoin miner reported a $155.4 million net loss and $184.7 million revenue for the quarter, down from the previous period. IREN announced $3.6 billion in GPU financing tied to a Microsoft deal and plans for a new Oklahoma data center. Most revenue remains linked to crypto, despite the AI cloud pivot.
6 February 2026
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UnitedHealth (UNH) stock rebounds nearly 2% as sector digests cost shock, Mizuho trims target

UnitedHealth (UNH) stock rebounds nearly 2% as sector digests cost shock, Mizuho trims target

UnitedHealth shares rose 1.9% to $273.79 Friday, rebounding after Molina Healthcare’s weak 2026 profit outlook sent sector stocks tumbling Thursday. Mizuho cut its price target for UnitedHealth to $350 but kept an Outperform rating. Investors await the April 6 CMS decision on 2027 Medicare Advantage rates. Molina shares plunged nearly 28%, while Centene fell 5.5% and Cigna gained about 3%.
6 February 2026
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ServiceNow stock price slips as Wall Street sorts AI winners from losers

ServiceNow stock price slips as Wall Street sorts AI winners from losers

ServiceNow shares fell 1.3% to $101.25 in late-morning trading Friday, capping a roughly 12% drop for the week. The iShares Expanded Tech-Software ETF slid about 19% over eight sessions, its sharpest decline in nearly six years. Investors shifted away from software stocks amid doubts over AI infrastructure spending. ServiceNow’s annual report was filed Jan. 29; its CEO received 40,014 restricted stock units set to vest Feb. 7.
6 February 2026
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Boston Scientific stock price steadies after historic plunge as investors zero in on heart-rhythm outlook

Boston Scientific stock price steadies after historic plunge as investors zero in on heart-rhythm outlook

Boston Scientific shares slipped 0.2% to $77.49 in late-morning trading Friday, lagging a broader market rally. The stock remains under pressure after its electrophysiology segment missed sales estimates in the fourth quarter, triggering its steepest drop in over 25 years. Investors are watching for signs management can meet first-quarter growth targets. Trading volume stayed elevated as analysts revised forecasts.
6 February 2026
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Walmart stock price rises as investors rotate to “defensive” plays amid Big Tech jitters

Walmart stock price rises as investors rotate to “defensive” plays amid Big Tech jitters

Walmart shares rose 2.3% to $129.92 Friday morning as investors moved out of tech stocks after Amazon fell 8% on a $200 billion capital spending plan. The retailer briefly crossed a $1 trillion market cap earlier in the week. Executive Vice President Donna Morris sold 76,181 shares at $123.79 on Feb. 3 under a preset plan. Walmart reports earnings Feb. 19.
6 February 2026
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Qualcomm stock price ticks up as QCOM steadies after memory-shortage warning spooks chip investors

Qualcomm stock price ticks up as QCOM steadies after memory-shortage warning spooks chip investors

Qualcomm shares rose 1.5% to $138.30 Friday morning after a sharp drop earlier this week, following a revenue forecast below Wall Street estimates. The company cited a global memory chip shortage as the main factor, with CEO Cristiano Amon warning the squeeze could persist through 2027. Bank of America downgraded the stock to “Neutral” and cut its price target, citing weaker handset demand and market share concerns.
6 February 2026
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Salesforce stock tries to stabilize after AI “software-mageddon” — Feb. 25 earnings is the next test

Salesforce stock tries to stabilize after AI “software-mageddon” — Feb. 25 earnings is the next test

Salesforce shares rose 0.1% to $190.07 Friday after a volatile week, but remain down 9% since Monday. The S&P 500 software and services index fell 4.6% Thursday, erasing about $1 trillion in market value since Jan. 28. Investors are concerned rapid AI adoption could disrupt traditional software revenue models. Salesforce reports earnings Feb. 25.
6 February 2026
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Lumentum stock price rises again as AI optics backlog keeps Wall Street lifting targets

Lumentum stock price rises again as AI optics backlog keeps Wall Street lifting targets

Lumentum Holdings shares rose 3.7% to $523.28 Friday after reporting a 65% jump in fiscal Q2 revenue to $665.5 million and forecasting March-quarter revenue of $780–$830 million. The company’s optical-circuit-switch backlog now exceeds $400 million, with a major co-packaged optics order due in 2027. Analysts at Citi, Needham, and B. Riley raised price targets, citing strong AI-related demand.
6 February 2026
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Netflix stock price today: NFLX edges up as Trump steps back from Warner Bros bidding fight

Netflix stock price today: NFLX edges up as Trump steps back from Warner Bros bidding fight

Netflix shares rose 0.6% to $81.32 Friday after President Trump said he will not intervene in the company’s Warner Bros. deal dispute, leaving the Justice Department to handle it. Germany announced streaming platforms must invest at least 8% of local revenue in German content. Warner Bros. Discovery shares gained 0.8%, while Paramount Skydance dipped. In Indonesia, police questioned a comedian over alleged blasphemy in a Netflix special.
6 February 2026
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Coinbase stock rebounds nearly 9% as bitcoin bounces — what investors watch next

Coinbase stock rebounds nearly 9% as bitcoin bounces — what investors watch next

Coinbase shares surged 8.9% to $159.07 Friday morning as bitcoin rebounded above $69,000 after a steep drop. The stock had fallen 13% Thursday, tracking a broader tech selloff and bitcoin’s plunge to its lowest since October 2024. Other crypto-linked stocks, including Robinhood and Strategy Inc, also rallied. BTIG cut its Coinbase price target to $340 ahead of the company’s Feb. 12 earnings report.
6 February 2026
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Intel stock price jumps 4% today as China server CPU crunch lifts INTC shares

Intel stock price jumps 4% today as China server CPU crunch lifts INTC shares

Intel shares rose 4% to $50.19 Friday after reports of up to six-month lead times and price hikes for some server CPUs in China. The delays come as AI-driven demand strains supply chains, with China making up over 20% of Intel’s revenue. Intel expects inventory to bottom out in Q1 and supply to improve in Q2. Traders are watching for signs of easing shortages ahead of Intel’s next earnings, tentatively set for April 23.
6 February 2026
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Stock Market Today

Walmart stock jumps 3% to $131 as Dow clears 50,000 — what to watch before Monday

Walmart stock jumps 3% to $131 as Dow clears 50,000 — what to watch before Monday

7 February 2026
Walmart shares climbed 3.34% to $131.18 Friday, pushing its market value to about $1.05 trillion as the Dow closed above 50,000 for the first time. Retail stocks mostly gained, with Target up 4.24% and Costco up 1.20%, while Amazon dropped 5.55%. Investors await Walmart’s fiscal Q4 results on Feb. 19 and key U.S. economic data next week.
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