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.

Apple, Amazon, Google stocks in focus as Alphabet filings surface and charts turn bullish

Apple, Amazon, Google stocks in focus as Alphabet filings surface and charts turn bullish

NEW YORK, Jan 2, 2026, 11:02 ET Alphabet (GOOGL) shares rose about 1% on Friday as investors returned for the first U.S. trading session of 2026 and zeroed in on mega-cap technology names. Apple (AAPL) edged higher, while Amazon.com (AMZN) slipped. The moves matter because these companies are among the biggest weights in the Nasdaq and S&P 500. Even modest swings can tug on index levels and shape risk sentiment early in the year. Liquidity remains uneven after the holiday break, when fewer market participants are active. That can make short-term chart signals and headlines feel louder than usual. In
2 January 2026
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Adobe stock drops more than 4% as new bull case says AI fears are overdone

Adobe stock drops more than 4% as new bull case says AI fears are overdone

NEW YORK, Jan 2, 2026, 11:13 ET Adobe shares slid about 4.4% on Friday morning, turning lower after opening near the prior close in a broad pullback across big software names. Salesforce and Autodesk were also down, while Microsoft slipped about 2%. The move keeps attention on one of the market’s live debates heading into 2026: whether generative AI — software that can create images, text or video from simple prompts — will erode demand for Adobe’s paid creative tools, or reinforce them by speeding up work for professionals. Investors are watching for proof that AI features can become recurring,
2 January 2026
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Stock market today: S&P 500, Nasdaq start 2026 higher as tech rebounds; Intuit sinks on co-founder sale

Stock market today: S&P 500, Nasdaq start 2026 higher as tech rebounds; Intuit sinks on co-founder sale

NEW YORK, Jan 2, 2026, 11:33 ET U.S. stocks rose on Friday, the first trading day of 2026, as investors returned to heavyweight technology names. Intuit fell after a regulatory filing showed co-founder and director Scott Cook sold shares. The opening moves matter because money managers often reset portfolios at the start of the year, amplifying early swings. Investors are also testing whether the 2025 rally — powered in part by enthusiasm around artificial intelligence — can carry into January. Wall Street is coming off a late-December pullback that undercut expectations for a “Santa Claus rally,” a seasonal pattern of
2 January 2026
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Telus dividend paid today keeps 9.5% yield in spotlight as investors weigh debt, safer alternatives

Telus dividend paid today keeps 9.5% yield in spotlight as investors weigh debt, safer alternatives

TORONTO, Jan 2, 2026, 10:57 ET TELUS Corp’s U.S.-listed shares were little changed on Friday as the Canadian telecom paid its latest quarterly dividend, keeping its near-10% dividend yield in focus for income investors at the start of 2026. TELUS The payout lands as investors reassess high-yield stocks after a stretch in which rate-sensitive names and heavily indebted companies have struggled to keep their appeal. In TELUS’ case, the yield has swelled largely because the share price has fallen, sharpening the debate over whether the stock is a value opportunity or a warning sign. TELUS said its board declared a
2 January 2026
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Broadcom stock rebounds as 2026 opens, with Benchmark bulls clashing with Trefis bear case

Broadcom stock rebounds as 2026 opens, with Benchmark bulls clashing with Trefis bear case

NEW YORK, Jan 2, 2026, 10:53 ET Broadcom shares rose about 3% on Friday, tracking a broader rebound in technology stocks as U.S. markets made a firmer start to 2026. Reuters The chip-and-software maker has become a bellwether for the custom artificial-intelligence chip trade, as investors try to gauge whether surging AI orders can translate into durable profits. Broadcom has said it has a $73 billion AI backlog to ship over the next 18 months and expects AI semiconductor revenue to double to $8.2 billion in its fiscal first quarter, while warning gross margin will slip about 100 basis points,
2 January 2026
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Microsoft stock vs Alphabet stock: Why 2026 is the real AI monetization test

Microsoft stock vs Alphabet stock: Why 2026 is the real AI monetization test

NEW YORK, Jan 2, 2026, 10:49 ET Microsoft shares were down about 1.6% at $475.69 in late-morning trade on Friday, while Alphabet rose about 0.7% to $315.20. Microsoft’s market value stood near $3.85 trillion versus roughly $2.94 trillion for Alphabet, with Microsoft trading at about 37 times earnings compared with Alphabet at roughly 24 times. The moves come as investors start 2026 still leaning into big technology names after an AI-led rally in 2025. The S&P 500 gained 16.39% last year and Alphabet jumped 65%, helping make the communication services sector the index’s best performer, Reuters reported. Reuters U.S. stocks
2 January 2026
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TSX opens 2026 higher after best year since 2009 as gold, silver rebound

TSX opens 2026 higher after best year since 2009 as gold, silver rebound

Toronto, Jan 2, 2026, 10:52 ET Canada’s main stock index opened the first trading day of 2026 higher on Friday, lifted by mining-linked stocks as precious metal prices rebounded. At 9:30 a.m. ET, the S&P/TSX Composite index was up 0.54% at 31,882.97 points. Reuters The early move follows a banner year for Canadian equities. The TSX ended 2025 up nearly 29%, its strongest annual performance since 2009, despite slipping 0.4% on the final session to 31,712.76. “If we do have a shift in the commodity cycle, how much does that actually deflate the exuberance that we’re seeing right now,” said
2 January 2026
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TSMC gets U.S. annual licence to keep its China Nanjing chip plant supplied with American tools

TSMC gets U.S. annual licence to keep its China Nanjing chip plant supplied with American tools

SEOUL, Jan 2, 2026, 10:52 ET The United States has granted Taiwan Semiconductor Manufacturing Co (TSMC) an annual licence allowing shipments of U.S.-controlled chipmaking equipment to its facilities in Nanjing, China, the company said. Reuters The decision matters because the carve-outs that had let selected foreign chipmakers move certain American tools into China without case-by-case permissions expired on Dec. 31. The companies had to secure new authorisations for 2026 to avoid delays in equipment needed to keep factories running. The annual licence also signals a shift in how Washington is policing tool flows into China-linked semiconductor production. Instead of broad
2 January 2026
Costco stock faces a key test next week as analyst keeps $1,100 target

Costco stock faces a key test next week as analyst keeps $1,100 target

NEW YORK, Jan 2, 2026, 10:41 ET Costco stock slipped on Friday as Telsey Advisory Group reiterated its Outperform rating — a call for the shares to beat the broader market — and kept a $1,100 price target ahead of the retailer’s December sales report. The brokerage expects comparable sales to rise 2.2% for the month, down sharply from a year earlier, Investing.com reported. Investing The January 7 update is one of the first holiday read-outs among major U.S. retailers and is closely watched because Costco publishes monthly sales results in addition to quarterly earnings. The release also lands against
2 January 2026
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Stock market today: Dow, S&P 500, Nasdaq start 2026 higher as tech and chipmakers lead

Stock market today: Dow, S&P 500, Nasdaq start 2026 higher as tech and chipmakers lead

NEW YORK, January 2, 2026, 10:39 ET Wall Street’s main indexes opened higher on Friday, kicking off 2026 on an upbeat note after a late-December pullback. The Dow rose 42.7 points to 48,105.98 at the opening bell, while the S&P 500 gained 32.6 points to 6,878.11 and the Nasdaq added 239.5 points to 23,481.49. Reuters Investors are bracing for a heavy stretch of catalysts that could reset rate expectations, including the monthly U.S. jobs report on Jan. 9 and consumer price inflation data on Jan. 13, as fourth-quarter earnings season begins with major banks. Fed funds futures — derivatives that
2 January 2026
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Tesla deliveries miss as Baidu pops on AI chip IPO plan and Nasdaq opens 2026 higher

Tesla deliveries miss as Baidu pops on AI chip IPO plan and Nasdaq opens 2026 higher

NEW YORK, January 2, 2026, 10:48 ET The S&P 500 and Nasdaq opened 2026 on firmer footing on Friday, led by a rebound in technology shares. At 10:13 a.m. ET, the Dow was down 0.01%, the S&P 500 was up 0.38% and the Nasdaq Composite gained 0.75%. Reuters The first session of the year is an early test of whether last year’s momentum in big tech can carry into January after a late-December wobble. Traders are also looking for signs that policy-driven swings — from tariffs to incentives — will keep shaping market leadership. Moves in a handful of high-profile
2 January 2026
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Rocket Lab stock slides as cash-burn warning hits RKLB at start of 2026

Rocket Lab stock slides as cash-burn warning hits RKLB at start of 2026

NEW YORK, January 2, 2026, 10:37 ET Rocket Lab shares fell in early U.S. trading on Friday as investors reassessed how long the space company can keep funding growth before it turns into cash. The stock was down 2.5% at $67.99 at 9:37 a.m. EST, MarketWatch data showed. MarketWatch The pullback comes as Rocket Lab enters 2026 with rising expectations that it can expand beyond small-rocket launches into higher-value defense and satellite work. That shift matters because customers and investors are increasingly focused on delivery timelines and cash discipline after a strong run in space-related stocks. Rocket Lab’s challenge is
2 January 2026
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Stock Market Today

Apple stock price ends week higher as Dow hits 50,000; jobs and CPI loom next

Apple stock price ends week higher as Dow hits 50,000; jobs and CPI loom next

7 February 2026
Apple closed up 0.8% at $278.12 Friday, then slipped 0.3% after hours. The S&P 500 jumped 1.97% and the Nasdaq rose 2.18% as chipmakers rallied, while Amazon fell 5.6% on higher capex guidance. Investors await U.S. jobs data Feb. 11 and CPI Feb. 13. Apple’s next dividend is $0.26 per share, payable Feb. 12.
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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