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.

Cadence Bank stock price: CADE turns into Huntington Bancshares shares after deal closes

Cadence Bank stock price: CADE turns into Huntington Bancshares shares after deal closes

Cadence Bank shares ceased trading after Huntington completed its $7.4 billion all-stock acquisition on Feb. 1, with each Cadence share converted into 2.475 Huntington shares. Huntington stock rose 0.7% premarket to $17.48, implying about $43.26 per Cadence share. Account conversions are set for mid-2026. Three former Cadence directors, including CEO Dan Rollins, join Huntington’s board.
2 February 2026
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Tesla stock slips premarket as Europe sales recovery stalls — what traders watch next

Tesla stock slips premarket as Europe sales recovery stalls — what traders watch next

Tesla shares fell about 2% in U.S. premarket trading Monday, after January registrations dropped 88% in Norway and 42% in France. Gains in Sweden and Denmark failed to offset declines. European market share for Tesla slipped 27% in 2025, according to official data. Investors are watching for further demand signals and upcoming U.S. data later this week.
2 February 2026
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Fifth Third stock ticks up premarket after Comerica merger closes — what FITB investors watch next

Fifth Third stock ticks up premarket after Comerica merger closes — what FITB investors watch next

Fifth Third Bancorp shares rose 0.8% premarket Monday after it completed its $10.9 billion all-stock acquisition of Comerica, creating the ninth-largest U.S. bank with $294 billion in assets. Comerica shares will be delisted, and three former Comerica directors join Fifth Third’s board. The company expects full system and brand conversions in the third quarter. Investors await combined financials and integration updates.
2 February 2026
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US economic calendar today: ISM factory PMI ahead as S&P 500 futures slip, oil tumbles

US economic calendar today: ISM factory PMI ahead as S&P 500 futures slip, oil tumbles

S&P 500 futures dropped 0.5% and oil prices plunged 4.9% to $62.05 a barrel in early trading Monday as the U.S. entered a government shutdown. Gold fell 1.8% after CME Group raised margin requirements. Factory and PMI data are due this morning, with Friday’s jobs report in focus. Tesla and NVIDIA shares slipped about 1% premarket, while Oracle rose nearly 4%.
2 February 2026
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Verizon stock slips before market open as report flags possible shake-up in key consumer unit

Verizon stock slips before market open as report flags possible shake-up in key consumer unit

Verizon shares fell 0.6% to $44.25 in premarket trading Monday after reports the company is seeking candidates to replace consumer chief Sowmyanarayan Sampath. The dip follows an 11.8% surge Friday after Verizon announced strong 2026 guidance and a $25 billion buyback. No formal interviews or search firm engagement have occurred, according to the Financial Times. Investors are watching for leadership updates and the next earnings report in April.
2 February 2026
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Plug Power stock dips premarket as share vote nears and reverse-split threat hangs over PLUG

Plug Power stock dips premarket as share vote nears and reverse-split threat hangs over PLUG

Plug Power shares fell 1.2% to $2.09 in premarket trading Monday as investors focus on a Feb. 5 shareholder vote to double authorized common shares. The company warned that if the proposal fails, it may pursue a reverse stock split. CEO Andy Marsh said Plug is close to approval but needs more proxies. Trading volume spiked Friday as the stock closed down 9.6%.
2 February 2026
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Huntington Bancshares stock wobbles in premarket as traders eye Cadence merger timing and index flows

Huntington Bancshares stock wobbles in premarket as traders eye Cadence merger timing and index flows

Huntington Bancshares slipped 0.3% to $17.42 in premarket trading Monday after gaining 1.1% Friday. The Cadence Bank merger is expected to close around Feb. 1, with FTSE Russell set to adjust index weights Feb. 2 if the deal completes. Investors remain focused on Huntington’s 2026 net interest income outlook and await final confirmation of the merger’s closing.
2 February 2026
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SoFi stock whipsaws after $1B quarter — what could move SOFI next this week

SoFi stock whipsaws after $1B quarter — what could move SOFI next this week

SoFi shares dropped 6.4% Friday to $22.81 after posting its first $1 billion revenue quarter and raising 2026 targets. The company reported Q4 net revenue of $1.025 billion and projected 2026 adjusted net revenue of $4.655 billion. Investors are watching credit trends and U.S. rate data this week amid concerns over lending risk and technology platform growth.
2 February 2026
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Lithium price slips again in China as Albemarle, SQM slide before the bell

Lithium price slips again in China as Albemarle, SQM slide before the bell

China’s battery-grade lithium carbonate prices fell to 154,434 yuan per ton Monday, with futures swinging between 132,400 and 152,800 yuan. U.S.-listed lithium producers Albemarle, SQM, and Lithium Americas dropped up to 10.5% in premarket trading. The Global X Lithium & Battery Tech ETF lost nearly 5%. Traders are watching for fresh demand signals from China and upcoming earnings reports.
2 February 2026
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Gold and silver prices tumble again after historic plunge as CME margin hike bites

Gold and silver prices tumble again after historic plunge as CME margin hike bites

Spot gold fell 3.2% to $4,708.19 an ounce Monday, extending losses after a record high last week, as higher margin requirements on futures triggered more selling. Spot silver dropped 3.4% to $81.65. Indonesian stocks slid 4.9% and Hong Kong’s Hang Seng lost 2.2% as the metals rout spilled into Asian equities. CME raised margin requirements on gold and silver contracts, effective after Monday’s close.
2 February 2026
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Gasoline prices today: RBOB futures slide more than 4% as Iran talk cools oil — what to watch next

Gasoline prices today: RBOB futures slide more than 4% as Iran talk cools oil — what to watch next

U.S. gasoline futures fell over 4% early Monday, tracking a sharp drop in crude after signs of easing tensions with Iran and a stronger dollar. NYMEX RBOB for March traded near $1.86 a gallon by 6:45 a.m. EST. U.S. pump prices held steady at $2.88 a gallon, according to AAA. Traders await Wednesday’s EIA petroleum report for inventory updates.
2 February 2026
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Stock Market Today

Ucore Rare Metals stock price jumps as ‘Project Vault’ keeps rare earths on traders’ screens

Ucore Rare Metals stock price jumps as ‘Project Vault’ keeps rare earths on traders’ screens

7 February 2026
Ucore Rare Metals shares jumped 14.7% to C$7.97 on Toronto’s TSX Venture Exchange Friday, rebounding after a steep drop as investors responded to U.S. critical-minerals policy moves. The U.S. Export-Import Bank described Project Vault as a $10 billion public-private stockpiling plan. Neodymium prices climbed 1.27% to 997,500 yuan a tonne on Feb. 6. Investors await details on Project Vault’s purchasing plans next week.
Semiconductor stocks surge as AI capex stays high; Nvidia and AMD lead into next week

Semiconductor stocks surge as AI capex stays high; Nvidia and AMD lead into next week

7 February 2026
The Philadelphia Semiconductor Index jumped 5.7% to 8,048.6 on Friday, with Nvidia up 7.87% and AMD rising 8.28%. The surge followed new forecasts showing global chip sales could hit $1 trillion in 2026. Amazon expects a 50% increase in capital spending this year, fueling demand for chips. The Dow Jones crossed 50,000, helped by gains in chipmakers.
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%.
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