Today: 7 February 2026
Subscribe

Shan Ahmed Khan

As a journalist focused on finance and the stock market, he delivers fast, reliable, and easy-to-understand coverage of market news.

Dow hits 50,000 as Amazon’s $200 billion AI spending plan spooks tech investors

Dow hits 50,000 as Amazon’s $200 billion AI spending plan spooks tech investors

The Dow briefly topped 50,000 for the first time Friday as chipmakers surged on AI data-center spending hopes. Amazon shares fell after announcing a $200 billion capital spending plan for 2026, raising concerns about profitability. Nvidia, AMD, and Broadcom each jumped over 7%. The S&P 500 rose 1.73% and the Nasdaq gained 1.91%.
6 February 2026
···········
Bitcoin price swings as Bitfinex margin longs hit 2-year high — dip buying, or no bottom yet?

Bitcoin price swings as Bitfinex margin longs hit 2-year high — dip buying, or no bottom yet?

Bitfinex margin long positions in bitcoin reached a two-year high of about 77,100 BTC, up 64% in six months, even as bitcoin briefly fell below $64,000 and over $1 billion in positions were liquidated Thursday, according to CoinDesk and Axios. Bitcoin rebounded above $70,000 Friday, but options traders continued buying downside protection, with demand for puts described as “extreme.”
6 February 2026
·····
Amazon’s $200bn AI spending plan spooks investors as AWS runs into Europe power grid delays

Amazon’s $200bn AI spending plan spooks investors as AWS runs into Europe power grid delays

Amazon shares fell 7% to $206.31 Friday after the company projected $200 billion in capital spending for 2026, up sharply from $131 billion in 2025. AWS cited multi-year waits for power-grid connections in Europe as a key obstacle to data center expansion. Investors questioned whether heavy AI and cloud outlays will deliver returns quickly.
6 February 2026
·····
Impinj stock dives 24% after outlook whiffs; Evercore slashes rating on PI

Impinj stock dives 24% after outlook whiffs; Evercore slashes rating on PI

Impinj shares fell 24.3% to $116.46 Friday after the company forecast a sharp first-quarter slowdown, citing inventory burn-down in logistics and weaker systems demand. Evercore ISI downgraded the stock and cut its price target to $112. Fourth-quarter revenue came in at $92.8 million, with first-quarter guidance of $71–$74 million. The stock hit an intraday low of $105.
6 February 2026
·····
Doximity stock dives as Q4 outlook rattles investors despite $500 million buyback

Doximity stock dives as Q4 outlook rattles investors despite $500 million buyback

Doximity shares fell 17% to $27.55 Friday after the company forecast a sharp revenue drop for the March quarter, guiding $143–$144 million versus $185.1 million in the prior period. Needham cut its price target, and Doximity disclosed CFO Anna Bryson is on medical leave, with Siddharth Sitaram named interim finance chief.
6 February 2026
·····
VeriSign stock dives nearly 10% after outlook, costs take the shine off results

VeriSign stock dives nearly 10% after outlook, costs take the shine off results

VeriSign shares dropped nearly 10% Friday after its quarterly report, underperforming a rising market. The company raised its dividend and maintained heavy buybacks, but 2026 guidance and .com pricing limits drew scrutiny. Fourth-quarter revenue reached $425 million with net income of $206 million. Post-hearing briefs in the .web arbitration are expected in the first half of 2026.
6 February 2026
·····
Qualys stock slides nearly 13% after Q4 beat as 2026 outlook cools the mood

Qualys stock slides nearly 13% after Q4 beat as 2026 outlook cools the mood

Qualys shares dropped 12.7% to $111.62 Friday after the company forecast 2026 revenue growth of 7% to 8%, below last year’s 10%. The cybersecurity firm reported fourth-quarter revenue of $175.3 million and raised its share buyback program by $200 million. RBC and Truist trimmed price targets. CEO Sumedh Thakar received performance shares, with some withheld for taxes.
6 February 2026
·····
Dow rebounds toward 50,000 as tech snaps back; bitcoin and gold claw higher while Amazon capex rattles AI bets

Dow rebounds toward 50,000 as tech snaps back; bitcoin and gold claw higher while Amazon capex rattles AI bets

The Dow jumped 989.72 points, or 2.02%, to 49,898.44 by midday Friday, with chipmakers leading Wall Street’s rebound after a three-day slide. Nvidia and AMD each surged about 7%, while Amazon’s capex plans for 2026 hit $200 billion. Bitcoin rebounded after plunging to $63,295.74 on Thursday, its lowest since October 2024. U.S. consumer sentiment edged up to 57.3 in early February.
6 February 2026
·············
Tower Semiconductor stock jumps again on Nvidia 1.6T optics tie-up as earnings loom

Tower Semiconductor stock jumps again on Nvidia 1.6T optics tie-up as earnings loom

Tower Semiconductor shares surged 8.9% to $140.53 Friday after the company disclosed new details on 1.6-terabit optical modules developed with Nvidia for AI data centers. The company withheld production and commercial timelines, leaving revenue impact unclear. Investors await further information in Tower’s Feb. 11 earnings report. Chip stocks broadly rallied, with the Philadelphia SE Semiconductor index up 4.6%.
6 February 2026
·····
Lumentum stock jumps nearly 8% as AI capex wave lifts optics names into the weekend

Lumentum stock jumps nearly 8% as AI capex wave lifts optics names into the weekend

Lumentum Holdings shares surged 8% to $544.68 Friday after reporting fiscal Q2 revenue of $665.5 million and a backlog topping $400 million for optical circuit switches. The company expects Q3 revenue between $780 million and $830 million. Traders cited strong AI-driven demand but flagged risks if cloud customers pause orders. Lumentum will brief investors at the OFC conference on March 17.
6 February 2026
·········
Stellantis stock price plunges as €22.2 billion EV reset charge jolts investors

Stellantis stock price plunges as €22.2 billion EV reset charge jolts investors

Stellantis shares plunged 24% in New York to $7.21 after a €22.2 billion writedown tied to scaling back electric-vehicle plans. The company will not pay a 2026 dividend and expects a €19–21 billion net loss in the second half of 2025. Stellantis agreed to sell its 49% stake in Canadian battery joint venture NextStar Energy to LG Energy Solution, pending approval.
6 February 2026
·····
1 2 3 4 … 880

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, 12:11 AM EST CleanSpark (CLSK) Shares Show Volatility Amid Bitcoin Mining Growth Prospects February 7, 2026, 12:02 AM EST. CleanSpark (CLSK), a bitcoin mining firm, saw a sharp 21.96% rise in one day after a 35.26% decline over 90 days. The company posted $785 million in annual revenue but a net loss of $267 million. Despite recent share price volatility, analysts estimate a fair value of $23.16 per share, more than double the current $10.08 price, reflecting expectations of expansion in mining capacity and improved margins. The valuation
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.
Go toTop