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.

PennyMac Financial Services stock slides again as KBW cuts target and MSR runoff stays in focus

PennyMac Financial Services stock slides again as KBW cuts target and MSR runoff stays in focus

PennyMac Financial (PFSI) fell 5.3% to $94.58 Monday after KBW cut its price target to $115 from $143, citing concerns over faster mortgage prepayments and servicing rights runoff. The stock has dropped 38% since Jan. 29. Fourth-quarter net income was $106.8 million, with servicing segment pretax income plunging to $37.3 million. A law firm has launched a probe into the late-January share plunge.
2 February 2026
·
VSE Corporation stock dives as $1 billion share-and-unit sale spooks investors

VSE Corporation stock dives as $1 billion share-and-unit sale spooks investors

VSE Corporation shares fell 10.4% to $195.93 after announcing a $1 billion stock-and-unit offering to fund its acquisition of Precision Aviation Group. The company detailed a plan to raise $650 million in common stock and $350 million in tangible equity units, with additional debt financing. SEC filings show PAG posted $472 million in 2024 revenue and $6.8 million net income. Traders focused on dilution risk as the offering terms emerged.
2 February 2026
·
Eldorado Gold stock sinks on Foran Mining buyout: what investors watch next

Eldorado Gold stock sinks on Foran Mining buyout: what investors watch next

Eldorado Gold shares fell about 9% Monday after announcing a deal to acquire Foran Mining, expanding its copper portfolio. The stock dropped $4.03 to $38.89 in New York trading. Foran shareholders will receive 0.1128 Eldorado shares plus C$0.01 per share, with the merger expected to close in Q2 pending approvals. Eldorado reports full-year earnings Feb. 19.
2 February 2026
······
GameStop (GME) stock price jumps on “monumental” deal buzz as traders hunt the next clue

GameStop (GME) stock price jumps on “monumental” deal buzz as traders hunt the next clue

GameStop shares jumped 8.3% to $25.87 Monday afternoon amid renewed takeover rumors and heavy social media speculation. CEO Ryan Cohen was reported to be unavailable for interviews, citing involvement in something “monumental.” Traders await official filings or news ahead of GameStop’s next earnings report, scheduled for March 24. Shares of other meme stocks, including AMC and Koss, also rose.
2 February 2026
···
nLIGHT stock jumps as laser maker tees up 70kW weapon demo in Saudi show

nLIGHT stock jumps as laser maker tees up 70kW weapon demo in Saudi show

nLIGHT shares rose 6.3% to $48.50 Monday after the company said it will debut a 70kW-class laser weapon system at the World Defense Show in Riyadh next week. Trading volume hit 650,000 shares. The company recently leased more space in Colorado to expand laser production and expects Q4 revenue above prior estimates, with $24–25 million tied to defense projects.
2 February 2026
··
TTM Technologies stock price jumps about 7% as ex-Army secretary joins board ahead of earnings

TTM Technologies stock price jumps about 7% as ex-Army secretary joins board ahead of earnings

TTM Technologies shares rose 7.1% to $105.19 by early afternoon after the company named Ryan D. McCarthy and Daniel G. Korte as independent directors. Two current board members, including former CEO Thomas T. Edman, will step down in May. Edman disclosed plans to sell 16,800 shares. Investors await the Feb. 4 earnings call for the 2026 outlook.
2 February 2026
···
Ciena stock jumps about 6% as tech rebounds; CIEN traders eye March catalyst

Ciena stock jumps about 6% as tech rebounds; CIEN traders eye March catalyst

Ciena Corp shares rose about 6% to $267.26 by early afternoon Monday after an earlier drop, rebounding alongside other networking stocks like Corning and Nokia. The move followed analyst upgrades and news of new fiber projects in the Balkans. Wall Street’s tech sector gains came as metals prices fell sharply. Investors are watching for updates at the Mobile World Congress in early March.
2 February 2026
··
Why Coherent stock is jumping today as a unit sale closes and earnings loom

Why Coherent stock is jumping today as a unit sale closes and earnings loom

Coherent Corp shares rose 6.9% to $226.83 Monday ahead of its earnings report due Wednesday after market close. The move followed news that Bystronic finalized its purchase of Coherent’s Tools for Materials Processing unit. Morgan Stanley raised its price target to $190 but kept a neutral rating. Trading remained volatile as investors watched for updates on AI data center demand and debt repayment.
2 February 2026
·····
1 … 41 42 43 44 45 … 535

Stock Market Today

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.
Bitcoin price wobbles below $69,000 on weekend — what matters before Monday’s reopen

Bitcoin price wobbles below $69,000 on weekend — what matters before Monday’s reopen

7 February 2026
Bitcoin fell 1.1% to $68,917 Saturday after volatile trading, while Ether held near $2,036. U.S. spot bitcoin ETFs saw $330.7 million in net inflows on Feb. 6, reversing outflows the previous day. Strategy shares rebounded after hitting a low of $111.27 Thursday. Traders are watching Monday’s U.S. market open and the upcoming inflation report for direction.
Go toTop