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.

Thomson Reuters stock tumbles after National Bank target cut, as AI fears hit legal-data peers

Thomson Reuters stock tumbles after National Bank target cut, as AI fears hit legal-data peers

Thomson Reuters shares fell 15.8% in Toronto Tuesday after National Bankshares cut its price target from C$300 to C$190, though it kept an outperform rating. The stock hit a 12-month low at C$124.13 before rebounding slightly. Sector peers RELX and Wolters Kluwer also dropped sharply as investors sold off AI-linked software and data stocks. Elevated trading volume followed ahead of Thomson Reuters’ Feb. 5 earnings report.
3 February 2026
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5 IBM-Heavy ETFs to Watch as Mainframe Hits 20-Year High and the Stock Whipsaws

5 IBM-Heavy ETFs to Watch as Mainframe Hits 20-Year High and the Stock Whipsaws

IBM shares fell about 7% Tuesday despite a 12% fourth-quarter revenue jump to $19.7 billion and raised analyst targets from Bank of America and Bernstein. The drop hit ETFs heavily weighted with IBM, including First Trust NASDAQ Technology Dividend Index Fund and FT Vest Technology Dividend Target Income ETF. IBM cited strong mainframe sales but warned infrastructure revenue may decline in 2026.
3 February 2026
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Costco pulls ‘no preservatives’ rotisserie chicken signs after additives lawsuit

Costco pulls ‘no preservatives’ rotisserie chicken signs after additives lawsuit

Costco removed “no preservatives” claims from its rotisserie chicken signs and online listings after two California consumers filed a proposed class-action lawsuit alleging the chicken contains sodium phosphate and carrageenan. The suit seeks to represent U.S. buyers, with a California subclass. Costco says the additives are for moisture and texture, not preservation. The complaint was filed Jan. 22 in federal court in San Diego.
3 February 2026
Robinhood (HOOD) stock slips again as bitcoin stays weak; UK ISA rollout and earnings next week in focus

Robinhood (HOOD) stock slips again as bitcoin stays weak; UK ISA rollout and earnings next week in focus

Robinhood shares fell 1.2% to $88.87 Tuesday as crypto-linked stocks tracked bitcoin’s 1.1% drop. The company launched a tax-sheltered stocks & shares ISA in the UK, offering a 2% cash bonus and access to 5,000 U.S.-listed stocks. Investors await Robinhood’s Feb. 10 earnings for signs of trading volume trends and new products. Prediction-market activity faces uncertainty after the U.S. football season ends.
3 February 2026
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Bitmine Immersion stock slides as $10.7 billion crypto stash keeps Ethereum bet in focus

Bitmine Immersion stock slides as $10.7 billion crypto stash keeps Ethereum bet in focus

Bitmine Immersion Technologies shares fell 1.9% to $22.37 after ether dropped 4.8% Tuesday. The company holds 4.29 million ether, 193 bitcoin, $586 million in cash, and equity stakes in two firms. Bitmine staked 2.9 million ether and estimates $374 million in annual rewards. Traders await the firm’s validator-network launch set for Q1 2026.
3 February 2026
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Pfizer stock drops on obesity-drug data and 2026 outlook — what investors watch next

Pfizer stock drops on obesity-drug data and 2026 outlook — what investors watch next

Pfizer shares fell 3.4% to $25.76 early Tuesday after quarterly results and new Phase 2b obesity drug data. The company reported adjusted Q4 earnings of 66 cents per share on $17.56 billion revenue, both above analyst estimates. Pfizer reaffirmed its 2026 outlook and does not plan share buybacks this year. COVID-19 product sales continued to decline sharply.
3 February 2026
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Sprott Physical Silver Trust (PSLV) stock jumps about 10% as silver rebounds — what traders watch next

Sprott Physical Silver Trust (PSLV) stock jumps about 10% as silver rebounds — what traders watch next

Sprott Physical Silver Trust surged 10.3% to $28.46 in late-morning New York trading Tuesday, tracking a 9.4% rebound in spot silver after a two-day rout. Trading volume hit 13 million units. The trust’s units closed Monday at a 4.9% discount to net asset value. Silver’s rally followed news of Kevin Warsh’s nomination to lead the Federal Reserve and higher futures margins.
3 February 2026
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Santander rolls out 2% deposit mortgage for UK first-time buyers — here’s the fine print

Santander rolls out 2% deposit mortgage for UK first-time buyers — here’s the fine print

Santander UK launched a five-year fixed mortgage allowing first-time buyers to borrow up to 98% of a home’s value, with a minimum £10,000 deposit and borrowing capped at £500,000. Brokers and consumer groups warned of higher rates and negative-equity risks for buyers with small deposits. The deal is open only to first-time buyers. Santander said the offer aims to address deposit barriers in the housing market.
3 February 2026
Tesla stock today: TSLA edges higher after $41,990 Model Y AWD launch as Europe sales signals split

Tesla stock today: TSLA edges higher after $41,990 Model Y AWD launch as Europe sales signals split

Tesla shares rose 0.5% to $423.9 in early New York trading Tuesday after the company launched a new $41,990 all-wheel-drive Model Y in the U.S. January European registrations showed sharp drops in Norway and France, while Italy and Spain posted gains. Tesla’s market share in Europe shrank 27% last year amid rising competition from BYD.
3 February 2026
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Comerica stock stops trading after Fifth Third merger closes — what shareholders need to know now

Comerica stock stops trading after Fifth Third merger closes — what shareholders need to know now

Comerica shares have been suspended and will be delisted from the NYSE after its merger with Fifth Third Bancorp closed Feb. 1, according to SEC filings. Each Comerica share converts to 1.8663 Fifth Third shares. Comerica last traded near $88.67 on Jan. 30. Fifth Third, now the ninth-largest U.S. bank, will deregister Comerica’s securities and halt its SEC reporting.
3 February 2026
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Nvidia’s Jensen Huang tells TSMC to “work very hard” as 2nm supply tightens

Nvidia’s Jensen Huang tells TSMC to “work very hard” as 2nm supply tightens

TSMC’s U.S.-listed shares fell 0.7% to $339 on Feb. 3 as Nvidia CEO Jensen Huang warned the chipmaker may need to more than double capacity in the next decade to meet AI demand. TrendForce reported TSMC’s 2nm and 3nm production is already tight, with advanced packaging emerging as a key bottleneck. TSMC plans to boost advanced packaging capacity by over 70% year-on-year by 2026.
3 February 2026
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AMD earnings today: AMD’s AI chip test heats up as OpenAI eyes options beyond

AMD earnings today: AMD’s AI chip test heats up as OpenAI eyes options beyond

AMD will report fourth-quarter results after Tuesday’s U.S. market close, with analysts expecting revenue near $9.67 billion and adjusted earnings of about $1.32 per share. Investors are watching data-center and AI chip sales, while tight supply and rising memory costs may weigh on PC guidance. OpenAI is reportedly considering AMD as an alternative to Nvidia for AI inference. AMD shares have risen 114% over the past year.
3 February 2026
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Apple stock price today: AAPL slides as tech dips, India tax win and chip-cost jump loom

Apple stock price today: AAPL slides as tech dips, India tax win and chip-cost jump loom

Apple shares fell 0.7% to $268.07 in early trading Tuesday, lagging the S&P 500 as tech stocks slid. India removed a tax barrier for foreign equipment in electronics manufacturing zones, a move Apple had sought to support iPhone exports. Meanwhile, TrendForce projected DRAM contract prices will surge up to 95% this quarter, raising concerns over rising component costs for devices.
3 February 2026
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SanDisk stock jumps as AI memory shortage fuels a bold Q3 forecast

SanDisk stock jumps as AI memory shortage fuels a bold Q3 forecast

SanDisk forecast third-quarter revenue of $4.4–$4.8 billion and non-GAAP EPS of $12–$14, sending shares up over 9% after hours. The company posted $3.025 billion revenue and $803 million net profit for Q2, reversing a prior loss. SanDisk extended its Kioxia joint venture to 2034 and committed $1.165 billion to manufacturing services. Memory chip prices are surging amid an “unprecedented” shortage, driven by AI data center demand.
3 February 2026
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Snap stock slides ahead of earnings as traders brace for ad-demand update

Snap stock slides ahead of earnings as traders brace for ad-demand update

Snap shares fell about 6% to $6.26 Tuesday morning ahead of its fourth-quarter earnings report due Wednesday after market close. Analysts expect earnings near 15 cents per share on $1.70 billion revenue. Trading volume Monday hit 54.1 million shares, well above average. Investors are watching ad demand and user trends as new youth-safety rules take effect in key markets.
3 February 2026
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Salesforce stock drops 5% — Cramer calls it “really great” as Wall Street waits for Agentforce revenue

Salesforce stock drops 5% — Cramer calls it “really great” as Wall Street waits for Agentforce revenue

Salesforce shares fell over 5% Tuesday to $199.65, with ServiceNow down 7% and Microsoft and Oracle also slipping. Investors are discounting enterprise software stocks despite Salesforce’s Agentforce segment reaching $500 million in annual recurring revenue, up 330% year over year. Salesforce recently announced a $5.6 billion, 10-year contract framework with the U.S. Army. Analyst targets and ratings remain positive.
3 February 2026
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Ford stock rises as investors eye Feb. 10 earnings after supplier snag, F-150 probe

Ford stock rises as investors eye Feb. 10 earnings after supplier snag, F-150 probe

Ford shares rose 1.5% to $14.02 in early Tuesday trading as investors looked ahead to next week’s earnings despite ongoing supply and safety concerns. The National Highway Traffic Safety Administration expanded its probe into 1.27 million older F-150 pickups over transmission issues. Ford continues to face aluminum shortages after a fire at a key supplier’s plant. The company will update its outlook on Feb. 10.
3 February 2026
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Stock Market Today

Applied Digital stock jumps 25% as AI data-center names rebound — what’s next for APLD

Applied Digital stock jumps 25% as AI data-center names rebound — what’s next for APLD

7 February 2026
Applied Digital Corporation shares jumped 25.52% Friday to $34.95, then slipped to $34.60 after hours. The company reported fiscal Q2 revenue up 250% to $126.6 million and signed leases for 600 MW of data center capacity in North Dakota. Applied Digital broke ground on a new 430‑MW campus in the southern U.S. in January. Financing includes a $100 million promissory note with 8% interest, paid in kind.
Eli Lilly stock pops as FDA targets cheap weight-loss copycats — what to know before Monday

Eli Lilly stock pops as FDA targets cheap weight-loss copycats — what to know before Monday

7 February 2026
Eli Lilly shares rose 3.7% to $1,058.18 Friday after the FDA said it would act against telehealth firm Hims & Hers for marketing a $49 compounded weight-loss pill. The move followed a sharp selloff Thursday when Hims announced plans to sell a version of Novo Nordisk’s Wegovy. Investors remain uncertain how aggressively regulators will police copycat drugs and pricing in the obesity drug market.
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