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.

Uber stock hit by Melius “Sell” call as robotaxi threat sharpens; Wolfe sets $110 target

Uber stock hit by Melius “Sell” call as robotaxi threat sharpens; Wolfe sets $110 target

NEW YORK, Jan 6, 2026, 11:21 (EST) Uber Technologies (UBER) shares slid on Monday after Melius Research downgraded the ride-hailing company to “sell” and set a $73 price target, as investors weighed rising robotaxi competition. The stock was down 1.9% at $81.30 in afternoon trading, putting Melius’ target about 10% below that level; rival Lyft fell 2.8%. TechStock² The call lands as autonomous vehicles (AVs), or self-driving cars, move closer to broader commercial use in 2026. For Uber, the risk is that robotaxi operators end up controlling more of the economics of each trip, squeezing its “take rate” — the
6 January 2026
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Apple Stock Gets Mixed Signals: UBS Stays Neutral as App Store Growth Cools

Apple Stock Gets Mixed Signals: UBS Stays Neutral as App Store Growth Cools

New York, Jan 6, 2026, 11:20 EST UBS reiterated a Neutral rating on Apple on Tuesday and kept a $280 price target, saying App Store growth slowed in the December 2025 quarter. The bank estimated growth at about 7%, down from 12% and 10% in the June and September 2025 quarters, and about 5% on a foreign-exchange-neutral basis — stripping out currency swings. UBS said the March 2026 quarter still looks like a hurdle even with easier comparisons of roughly 200 basis points, or two percentage points. Investing.com The App Store is a key driver of Apple’s services business, which
6 January 2026
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SoFi stock drops below $30 after $1.59 billion share sale as options traders brace for a 13.7% earnings swing

SoFi stock drops below $30 after $1.59 billion share sale as options traders brace for a 13.7% earnings swing

New York, Jan 6, 2026, 11:11 EST SoFi Technologies shares fell nearly 9% on Tuesday after it completed the sale of 57.8 million shares in a public offering priced at $27.50, a deal that implies gross proceeds of about $1.59 billion. The stock was down 8.9% at $26.68 in late morning trading. Investing.com Canada The move puts fresh focus on dilution, with investors weighing how the added equity capital supports growth against the near-term pressure of a larger share count. It also lands as traders crowd into positions ahead of SoFi’s next results, a catalyst that has tended to drive
6 January 2026
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Regulator says Tunbridge Wells water outage was preventable as South East Water boss faces MPs

Regulator says Tunbridge Wells water outage was preventable as South East Water boss faces MPs

London, Jan 6, 2026, 16:19 GMT Britain’s Drinking Water Inspectorate said a breakdown at South East Water’s Pembury treatment works in Kent that left 24,000 homes around Tunbridge Wells without safe drinking water for two weeks was spotted weeks earlier and could have been stopped. Chief inspector Marcus Rink told MPs the firm failed to run tests requested by the regulator and to install a filter to stop heavy metals after a key treatment chemical failed, and he said it was “flying blind”. Rink added: “It shouldn’t have been a surprise,” while chief executive David Hinton said the incident followed
6 January 2026
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OneStream stock jumps 20% after report says Hg Capital in advanced takeover talks

OneStream stock jumps 20% after report says Hg Capital in advanced takeover talks

New York, Jan 6, 2026, 11:02 (EST) — Regular session Shares of OneStream Inc (OS) jumped on Tuesday after Bloomberg News reported buyout firm Hg Capital is in advanced talks to acquire the Nasdaq-listed financial software maker, citing people familiar with the matter. The stock was up about 21% at $22.32 in morning trade, compared with Monday’s close of $18.39, after earlier touching $24.00. Hg and OneStream did not immediately respond to a Reuters request for comment; the company’s market value stands at about $4.5 billion and its shares have fallen about 35% over the past year. Reuters A take-private
6 January 2026
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Rithm Capital (RITM) stock slips below $11 as rate bets shift ahead of U.S. jobs data

Rithm Capital (RITM) stock slips below $11 as rate bets shift ahead of U.S. jobs data

New York, January 6, 2026, 10:53 EST — Regular session Rithm Capital Corp shares were down about 1.5% at $10.99 in morning trading on Tuesday, drifting back below the $11 mark a day after a sharp gain. The stock is still roughly 14% below its 52-week high of $12.74. StockAnalysis The move matters because Rithm sits in the mortgage REIT corner of the market, where valuations can swing quickly with interest-rate expectations. Mortgage REITs use borrowing to buy mortgage-related assets, so changes in bond yields can alter funding costs and book value — the value of assets minus liabilities per
6 January 2026
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BigBear.ai stock rises 4% as BBAI debt redemption deadline nears

BigBear.ai stock rises 4% as BBAI debt redemption deadline nears

New York, Jan 6, 2026, 10:59 EST — Regular session Shares of BigBear.ai Holdings rose about 4.3% to $6.13 on Tuesday, after closing at $5.88 in the previous session. The stock traded between $5.81 and $6.21, with about 22 million shares changing hands. The move keeps attention on BigBear.ai’s plan to redeem its 6.00% convertible senior secured notes due 2029, a step the company said would remove roughly $125 million of debt from its balance sheet. BigBear.ai said it expects most of the reduction to come from noteholders converting debt into shares, limiting any cash drain, though it expects to
6 January 2026
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NIO stock rebounds as it hits 1 million-vehicle mark; here’s what traders watch next

NIO stock rebounds as it hits 1 million-vehicle mark; here’s what traders watch next

New York, January 6, 2026, 10:34 (EST) — Regular session Shares of NIO Inc rose about 2.2% to $4.97 in morning trade on Tuesday. The stock has traded between $4.93 and $5.04 so far in the regular session. The bounce came after NIO marked production of its one-millionth mass-produced vehicle, a milestone investors track as the Chinese EV maker fights for scale. Founder and CEO William Li called it “a new starting point” and said NIO is targeting 40% to 50% annual sales growth and more than 10,000 charging and battery-swap stations — where drivers exchange batteries in minutes —
6 January 2026
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SEC filings show who’s buying AST SpaceMobile as ASTS stock rallies again

SEC filings show who’s buying AST SpaceMobile as ASTS stock rallies again

New York, January 6, 2026, 10:24 EST Three investment advisers disclosed new or expanded stakes in AST SpaceMobile as the satellite-to-phone company’s shares pushed higher again on Tuesday. The disclosures matter because AST SpaceMobile has become a high-volatility bet on whether satellites can extend mobile coverage beyond cell towers. Form 13F reports, filed each quarter, show stock holdings of big investment managers at the end of the reporting period. ASTS was up about 4.9% at $95.41 by mid-morning in New York, after closing at $90.92 on Monday. The stock traded as high as $92.45 on Monday on about 20.5 million
6 January 2026
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Qualcomm stock jumps at CES 2026 on Snapdragon X2 Plus AI PC launch and robotics push

Qualcomm stock jumps at CES 2026 on Snapdragon X2 Plus AI PC launch and robotics push

LAS VEGAS, Jan 6, 2026, 07:27 PST Qualcomm (QCOM) shares rose about 3% on Tuesday after the chipmaker detailed new PC and robotics products at CES 2026, with the stock trading at $181.64 in morning deals. Semiconductor ETFs rose about 2.7% on the day. The CES push lands as Qualcomm tries to convince investors its growth can broaden beyond smartphones, even as the stock has trailed much of the sector. Shares have gained 8.2% over the past year versus 35.7% for the broader semiconductor industry, according to a Zacks note that also pointed to margin pressure and China-linked headwinds; Broadcom
6 January 2026
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Oklo (OKLO) stock jumps again as U.S. rolls out $2.7B uranium push and nuclear hearing nears

Oklo (OKLO) stock jumps again as U.S. rolls out $2.7B uranium push and nuclear hearing nears

New York, January 6, 2026, 10:26 EST Oklo Inc shares rose about 3% on Tuesday to around $92, extending a sharp rally a day earlier that lifted the nuclear developer’s stock nearly 15% to close at $89.34. The move comes as Washington steps up its focus on nuclear power and the fuel needed to run the next wave of reactors. The Energy Department on Monday announced billions of dollars in uranium-enrichment awards, and House lawmakers are set to hold a hearing this week on nuclear licensing and deployment. That matters for Oklo and other small modular reactor (SMR) developers because
6 January 2026
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Nu Holdings’ NU stock rises again after Monday surge, with Feb. 25 earnings in focus

Nu Holdings’ NU stock rises again after Monday surge, with Feb. 25 earnings in focus

New York, Jan 6, 2026, 10:52 ET — Regular session Nu Holdings Ltd shares extended their rally on Tuesday, up about 1.8% at $18.27 in morning trading, after closing the prior session at $17.94. The stock traded between $17.74 and $18.37, with about 15 million shares changing hands by mid-morning. The gains matter because Nu, which operates Nubank, is one of the most widely held U.S.-listed plays on Latin American consumer credit and digital banking. Investor appetite for the sector has also been in focus after Brazilian digital bank PicPay filed for a U.S. initial public offering on Monday, adding
6 January 2026
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Stock Market Today

Meta stock faces an AI split: ad gains vs a $135 billion bill

Meta stock faces an AI split: ad gains vs a $135 billion bill

7 February 2026
Meta shares dropped 1.3% to $661.46 on Friday after the company projected 2026 capital spending of up to $135 billion, raising investor concerns over cash flow. Meta reported Q4 revenue of $59.89 billion, up 24% year-over-year, with ad impressions rising 18%. Analysts remain divided on whether AI-driven ad gains can offset the steep spending ramp.
IAG share price jumps toward a 52-week peak — what to watch before London reopens

IAG share price jumps toward a 52-week peak — what to watch before London reopens

7 February 2026
IAG shares rose 4.33% to 438.50 pence Friday, near their 52-week high, ahead of full-year results due later this month. The company reported 162,073,135 treasury shares and total voting rights of 4,565,128,012. Brent crude fell 2.2% Thursday to $67.93 a barrel. South Europe Ground Services logged 712,340 operations in 2025 and seeks approval to operate in Portugal.
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