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.

Sandisk stock surges 23% as Nvidia CES update puts AI data-center storage back in play

Sandisk stock surges 23% as Nvidia CES update puts AI data-center storage back in play

New York, January 6, 2026, 12:35 EST Sandisk shares jumped 23.4% to $338.26 in midday trade on Tuesday, leading a renewed run in storage and memory stocks linked to AI data-center spending. Micron rose 6.4%, Western Digital gained 15.3% and Seagate added 12.3%. Sandisk was on track for its biggest one-day rise in nearly a year. MarketWatch Traders pointed to Nvidia’s message at CES that serving AI models is reshaping what data centers need to keep close at hand. Nvidia said its new Inference Context Memory Storage Platform is designed to store and share the “key-value” cache — the running
6 January 2026
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Zeta Global stock pops on OpenAI partnership as traders eye Athena launch

Zeta Global stock pops on OpenAI partnership as traders eye Athena launch

New York, January 6, 2026, 12:25 PM EST — Regular session Shares of Zeta Global Holdings Corp jumped on Tuesday after the marketing software firm said it struck a partnership with OpenAI to power new AI capabilities in its Athena product. The stock was up 7.7% at $23.34 by midday in New York, after touching $24.28 earlier, while the S&P 500 was up about 0.3%. The move matters because marketing-tech companies are in a race to embed generative AI into tools that help brands target customers and tune ad spending in real time. Investors have been quick to re-rate smaller
6 January 2026
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Moderna stock jumps nearly 11% after BofA target lift; flu vaccine filing in focus

Moderna stock jumps nearly 11% after BofA target lift; flu vaccine filing in focus

NEW YORK, January 6, 2026, 12:28 EST — Regular session Shares of Moderna Inc (MRNA.O) were up 10.7% at $35.60 in midday trading on Tuesday after BofA Global Research raised its price objective on the vaccine maker. The stock touched a session high of $36.25. Reuters The jump comes as investors weigh whether Moderna can turn its mRNA platform into steadier, seasonal revenue after the post-pandemic drop in COVID-19 vaccine demand. Traders have been sensitive to shifts in sell-side views as the company leans on new product launches and tighter spending to narrow losses. On Monday, Moderna said it filed
6 January 2026
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Silicon Motion (SIMO) stock jumps 14% as CES meetings and a Jan. 13 Needham webcast come into focus

Silicon Motion (SIMO) stock jumps 14% as CES meetings and a Jan. 13 Needham webcast come into focus

New York, Jan 6, 2026, 12:21 p.m. EST — Regular session Shares of Silicon Motion Technology Corporation (SIMO) climbed about 14% on Tuesday, touching an intraday high of $107.95 as the storage-chip supplier rode a broader bid for memory-linked names. At 12:21 p.m. EST, the Nasdaq-listed stock was up 14.1% at $106.77. The rally comes as investors price in a memory upcycle tied to demand from artificial intelligence servers, which has pushed chip prices higher and tightened supply. Market researcher TrendForce expects conventional DRAM contract prices to rise 55% to 60% this quarter, and said a DDR5 DRAM benchmark jumped
6 January 2026
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SoFi stock slides after SEC filing confirms extra shares sold at $27.50

SoFi stock slides after SEC filing confirms extra shares sold at $27.50

New York, January 6, 2026, 10:49 (ET) — Regular session SoFi Technologies, Inc. (NASDAQ: SOFI) shares were down 7.8% at $27.01 in late morning trading on Tuesday after a filing showed the fintech completed the sale of additional shares tied to its December stock offering. Underwriters exercised an option on Jan. 2 and the company completed the issuance and sale on Jan. 5, lifting the total shares sold in the offering to 57,754,660, according to the filing. SEC The extra stock adds supply at a sensitive moment for high-growth lenders, where sentiment can turn quickly on funding costs and loan
6 January 2026
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Wave Life Sciences stock jumps 17% as obesity gene-silencing race heats up

Wave Life Sciences stock jumps 17% as obesity gene-silencing race heats up

New York, January 6, 2026, 11:28 EST — Regular session Wave Life Sciences Ltd shares (WVE.O) jumped about 17% on Tuesday, extending sharp swings in the obesity drug trade as investors sized up the next set of clinical readouts. The stock was up 17.2% at $17.58 in morning trade on Nasdaq, after moving between $14.15 and $19.49, with about 7.0 million shares traded. The move shows how quickly sentiment can shift in obesity-linked biotechs, where small early-stage updates often drive outsized price action. Investors are hunting for approaches that can cut harmful fat while preserving muscle, a sticking point for
6 January 2026
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Sandisk stock jumps 22% today as CES Optimus SSD rebrand and rising NAND price forecasts lift SNDK

Sandisk stock jumps 22% today as CES Optimus SSD rebrand and rising NAND price forecasts lift SNDK

NEW YORK, January 6, 2026, 11:34 (ET) — Regular session Sandisk Corp shares jumped more than 22% on Tuesday. The Nasdaq-listed stock was up 22.1% at $334.75 by 11:05 a.m. ET, after touching $343 and trading about 12.9 million shares, StockAnalysis.com data showed. StockAnalysis The rally puts Sandisk back in the spotlight as investors chase memory-linked names on expectations that tight supply will push up prices for chips and storage drives this quarter. TrendForce forecast conventional DRAM — the working-memory chips used in servers and PCs — contract prices to rise 55%–60% in the first quarter, and said NAND flash
6 January 2026
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Western Digital stock jumps nearly 14% as CES chip talk lifts storage and memory shares

Western Digital stock jumps nearly 14% as CES chip talk lifts storage and memory shares

New York, January 6, 2026, 11:52 EST — Regular session Western Digital Corp (WDC) shares rose 13.8% to $213.79 by 11:52 a.m. ET on Tuesday, after touching an intraday high of $215.33. The stock traded as low as $188.09 earlier in the session. The data-storage maker climbed with a broader rally in memory and storage stocks, led by SanDisk, which jumped to a record high. Reuters tracking showed peers Micron and Western Digital were also higher in early trade as chipmakers lifted the tech sector. Reuters The rally matters because storage names are increasingly treated as a read-through on AI
6 January 2026
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Arrowhead stock leaps after gene-silencing obesity drug doubles Lilly’s Zepbound weight loss

Arrowhead stock leaps after gene-silencing obesity drug doubles Lilly’s Zepbound weight loss

New York, Jan 6, 2026, 11:34 AM EST — Regular session Arrowhead Pharmaceuticals shares rose about 16% on Tuesday after early clinical data showed its experimental gene-silencing obesity drug boosted weight loss when used alongside Eli Lilly’s tirzepatide, sold as Zepbound. The stock was up 16% at $74.13 in midday trading, after swinging between $62.17 and $76.32. Investors.com The update lands amid a scramble for new obesity treatments that can add to GLP-1 drugs — a fast-growing market where investors now weigh not just pounds lost, but what kind of weight comes off. Many patients and doctors want therapies that
6 January 2026
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More power cuts ahead: SaskPower reschedules Jan. 7 outages after weekend disruptions

More power cuts ahead: SaskPower reschedules Jan. 7 outages after weekend disruptions

Regina, Saskatchewan, Jan 6, 2026, 10:14 CST SaskPower has rescheduled a series of intermittent, one-hour planned outages to Wednesday in rural Saskatchewan, with customers north of D’Arcy to areas southwest of Stranraer expecting service interruptions between 11 a.m. and 4 p.m. https://westcentralonline.com/articles/saskpower-reschedules-series-of-outages-to-wednesday The change comes as the provincial utility works through the knock-on effects of weekend outages that affected about 5,500 customers in southwest Saskatchewan. SaskPower media relations consultant Scott McGregor said ice buildup on transmission lines in high winds triggered the disruptions. https://www.swiftcurrentonline.com/articles/saskpower-details-string-of-southwest-outages SaskPower lists the Jan. 7 work as system maintenance. The outages are described as intermittent —
6 January 2026
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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Stock Market Today

Broadcom Stock Gets a Google AI Spend Lift as Jefferies Sees 60% Upside

Broadcom Stock Gets a Google AI Spend Lift as Jefferies Sees 60% Upside

7 February 2026
Google raised its 2026 capital expenditure forecast to $175 billion–$185 billion, with most spending expected on data-center chips. Broadcom shares rose about 2% after the announcement, while Nvidia and AMD slipped. Jefferies reiterated a buy rating on Broadcom, maintaining a $500 price target, implying a 62% upside from Wednesday’s close.
No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

7 February 2026
The IRS has not announced new federal stimulus payments for February 2026, and Congress has not approved fresh checks. Trump told NBC he is considering $2,000 tariff rebate checks but has not committed, saying any payout would likely come later in 2026. The IRS warns taxpayers to ignore texts and emails about “stimulus payments” and verify notices through official channels.
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