Today: 7 February 2026
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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.

Tesla stock sinks in premarket as Nvidia’s open-source self-driving AI adds pressure on TSLA

Tesla stock sinks in premarket as Nvidia’s open-source self-driving AI adds pressure on TSLA

Tesla shares dropped 4.1% to $432.96 in premarket trading Wednesday, extending a two-day slide amid renewed focus on AI and robotics competition after Nvidia launched new autonomous driving models. The decline follows a sharp fall below Tesla’s 50-day moving average and news that director James Murdoch sold 60,000 shares. Investors are also watching U.S. labor data and Tesla’s Jan. 28 earnings.
7 January 2026
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Sandisk stock rockets as Nvidia’s CES message revives the AI storage trade

Sandisk stock rockets as Nvidia’s CES message revives the AI storage trade

Sandisk surged 27.6% to $349.63 on Tuesday, leading a rally in U.S. memory stocks after CES comments spotlighted storage as a bottleneck for AI. NAND flash prices have doubled since July, with suppliers sold out through 2026. Sandisk has gained two points of NAND market share in the past year. Investors await its Jan. 29 earnings for updates on SSD pricing and strategy.
7 January 2026
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Nvidia stock today: NVDA slips premarket after Huang flags China H200 orders and Rubin rollout

Nvidia stock today: NVDA slips premarket after Huang flags China H200 orders and Rubin rollout

Nvidia shares slipped 0.5% to $187.24 in premarket trading after CEO Jensen Huang said China demand for the H200 chip will appear in purchase orders, not public approvals, as the company awaits U.S. export licenses. Traders are watching U.S. jobs data and Nvidia’s Feb. 25 results. Huang also announced the Vera Rubin platform is in full production, claiming it can cut data center cooling needs.
7 January 2026
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Aurora Innovation stock jumps 10% premarket as Amazon AWS, Aumovio deal spotlights driverless trucks

Aurora Innovation stock jumps 10% premarket as Amazon AWS, Aumovio deal spotlights driverless trucks

Aurora Innovation shares jumped about 10% to $4.40 in premarket trading Wednesday after AWS and Aumovio expanded a partnership tied to Aurora’s autonomous trucks. AWS will become Aumovio’s preferred cloud provider, with new AI tools set for Aurora’s planned driverless truck deployment in 2027. Traders are watching if the stock can hold above $4 ahead of mid-February earnings.
7 January 2026
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Stock market today: Dow nears 50,000 as chip surge cools and futures pause before jobs data

Stock market today: Dow nears 50,000 as chip surge cools and futures pause before jobs data

The Dow and S&P 500 closed at record highs Tuesday, driven by gains in chip and data-storage stocks after Nvidia’s CES remarks. Dow futures edged up 24 points early Wednesday, while S&P 500 and Nasdaq 100 futures slipped. Investors await key U.S. jobs data that could influence Federal Reserve rate expectations. SanDisk soared over 27%, while Exxon Mobil and Chevron dropped as oil prices fell.
7 January 2026
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Bigger IRS tax refunds in 2026? The key deadlines and paper-check change to know now

Bigger IRS tax refunds in 2026? The key deadlines and paper-check change to know now

The IRS will phase out paper refund checks starting September 30, 2025, shifting most refunds to electronic payments. New tax-law changes, including exemptions for tipped and overtime income and expanded deductions, may boost average refunds by about $1,000, though results will vary. The filing deadline for 2025 returns is April 15, 2026. The IRS warns of possible delays due to staffing cuts and recent shutdowns.
7 January 2026
Bitcoin price today slides to $92,000 as rally cools before U.S. jobs data

Bitcoin price today slides to $92,000 as rally cools before U.S. jobs data

Bitcoin fell 1.8% to $92,065 in early New York trading Wednesday, after Morgan Stanley filed for bitcoin- and solana-linked ETFs with U.S. regulators. Ether dropped 2.3% to $3,220. Traders are watching the $90,000 level and Friday’s U.S. jobs report for direction. Strategy, the largest corporate bitcoin holder, reported a $17.44 billion unrealized loss for the fourth quarter.
7 January 2026
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Silver price pulls back under $80 as dollar firms; SLV jumps ahead of U.S. jobs data

Silver price pulls back under $80 as dollar firms; SLV jumps ahead of U.S. jobs data

Spot silver fell 2.3% to $79.40 per ounce Wednesday after hitting a record $83.62 last week, as profit-taking and a stronger dollar weighed on prices. The dollar index rose to 98.63 ahead of key U.S. jobs data. Silver-linked stocks gained in premarket trading, with iShares Silver Trust up 6.7%. Morgan Stanley noted China’s new export rules could add upside risk for silver amid ongoing supply deficits.
7 January 2026
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Strategy stock rises premarket after MSCI backs off crypto index purge

Strategy stock rises premarket after MSCI backs off crypto index purge

Strategy shares rose about 4% in premarket trading after MSCI said it will keep “digital asset treasury companies” in its indexes for now, deferring a proposal that could have forced the bitcoin-heavy firm out. MSCI plans a broader review of non-operating companies. Traders are also watching U.S. labor data due later this week. Strategy closed down 4.1% in the previous session as bitcoin fell 2%.
7 January 2026
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India stock market today: Nifty dips for third day as tariff jitters weigh; jewellers shine

India stock market today: Nifty dips for third day as tariff jitters weigh; jewellers shine

Nifty 50 closed at 26,140.75, down 0.14%, and Sensex at 84,961.14, down 0.12% on Wednesday. Autos and oil & gas stocks fell, while IT and jewellery shares rose, with Titan hitting a record high. Reliance Industries dropped 4.5% after warning of no Russian crude deliveries in January. Investors remain cautious amid renewed U.S. tariff threats over India’s Russian oil purchases.
7 January 2026
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UK stocks today: FTSE 100 retreats from record highs as BP, Shell slide on Venezuela oil deal

UK stocks today: FTSE 100 retreats from record highs as BP, Shell slide on Venezuela oil deal

FTSE 100 fell 0.5% by mid-morning Wednesday, led by declines in BP and Shell as oil prices dropped after a reported U.S.-Venezuela supply deal. Topps Tiles rose 1.5% on higher revenue. UK construction activity shrank for a 12th month, with the PMI at 40.1. Investors shifted into utilities and property stocks after Tuesday’s record close.
7 January 2026
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Stock Market Today

Oil stocks jump on Iran risk lift for crude — what to watch before Monday

Oil stocks jump on Iran risk lift for crude — what to watch before Monday

7 February 2026
U.S. oil stocks surged Friday as crude prices rose on renewed Middle East tensions. Exxon Mobil gained 2.0%, ConocoPhillips 2.5%, and Occidental Petroleum 2.7%. Refiners rallied after a national union deal eased strike risk, though BP’s Whiting plant faces a local dispute. Brent settled at $68.05 a barrel, up 0.74%.
Silver price rebound masks fresh stress after CME lifts margins again

Silver price rebound masks fresh stress after CME lifts margins again

7 February 2026
Spot silver surged 8.6% to $77.33 an ounce Friday after dropping below $65, but still lost over 8.7% for the week. CME Group raised margin requirements for COMEX silver futures to 18% from 15%, effective after Feb. 6. China’s UBS SDIC Silver Futures Fund hit its 10% down limit for a fifth session. Traders await key U.S. jobs and inflation data next week.
Gold price near $5,000: China keeps buying as CME margin hikes raise the stakes

Gold price near $5,000: China keeps buying as CME margin hikes raise the stakes

7 February 2026
China’s central bank raised gold reserves for a 15th month in January, reaching 74.19 million ounces worth $369.58 billion. Gold prices swung sharply, hitting a record near $5,600 before dropping to $4,403.24. CME Group hiked COMEX gold futures margins to 9% after recent volatility. U.S. jobs and inflation data are due next week after a delay.
Amazon stock (AMZN) slides on $200 billion AI capex plan — what Wall Street watches next week

Amazon stock (AMZN) slides on $200 billion AI capex plan — what Wall Street watches next week

7 February 2026
Amazon shares fell 5.6% to $210.32 on Friday after the company forecast 2026 capital spending would jump to $200 billion, up more than 50% from 2025. The drop came as the Dow closed above 50,000 for the first time. Amazon reported fourth-quarter net sales up 14% to $213.4 billion and operating income at $25 billion. Trading in Amazon was volatile, with 179 million shares changing hands.
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