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.

Dec. 31 ACA deadline: Covered California sees sign-ups lag as shoppers brace for subsidy cutoff

Dec. 31 ACA deadline: Covered California sees sign-ups lag as shoppers brace for subsidy cutoff

NEW YORK, December 29, 2025, 12:07 ET New enrollments on Covered California, California’s Affordable Care Act marketplace, are running about 30% below last year as shoppers weigh higher deductibles and the looming end of enhanced federal tax credits, the exchange’s executive director said. The Modesto Focus+1 The slowdown matters now because the Dec. 31 deadline for coverage starting Jan. 1 is days away, and the enhanced subsidies are set to expire at year-end unless Congress acts. The Modesto Focus+1 Congress adjourned for its holiday break without extending the credits, leaving consumers to compare plans under higher sticker prices and uncertainty
29 December 2025
Lululemon founder Chip Wilson launches proxy fight for board shakeup as CEO exit nears

Lululemon founder Chip Wilson launches proxy fight for board shakeup as CEO exit nears

NEW YORK, December 29, 2025, 12:27 ET Lululemon Athletica founder Dennis “Chip” Wilson said on Monday he has launched a proxy fight to reshape the company’s board, nominating three independent director candidates. The Wall Street Journal first reported the move, which was also covered by Canadian outlets including CTV News (https://www.ctvnews.ca/business/article/lululemon-founder-launches-proxy-fight-for-board-changes-wsj-reports/), CBC (https://www.cbc.ca/news/business/lululemon-proxy-fight-chip-wilson-board-changes-9.7029060) and The Globe and Mail (https://www.theglobeandmail.com/business/article-lululemon-chip-wilson-proxy-fight-board-changes/). The board challenge lands as the athleisure maker enters a leadership transition, with CEO Calvin McDonald set to leave in January and no named successor. Investors have been watching closely after Lululemon’s shares fell about 45% this year. Lululemon has struggled
29 December 2025
New expressway makes Ahmedabad-to-Salangpur Hanuman temple trip faster — even before official opening

New expressway makes Ahmedabad-to-Salangpur Hanuman temple trip faster — even before official opening

NEW YORK, December 29, 2025, 12:29 ET Motorists in India’s Gujarat state have begun using the newly built Ahmedabad–Dholera expressway to cut travel time to the Salangpur Hanumanji temple, even though the corridor has not been formally inaugurated, local outlet DeshGujarat reported. DeshGujarat The early use matters because Gujarat is racing to add faster road links around Dholera, a planned industrial zone that state and federal authorities have promoted as a logistics and manufacturing hub. Better travel times can shift both freight routes and weekend pilgrimage traffic. The expressway also feeds a busy year-end travel calendar. The Shree Kashtabhanjan Dev
29 December 2025
Tesco to hand out 3 million free apples as it tees up 2026 produce discounts

Tesco to hand out 3 million free apples as it tees up 2026 produce discounts

NEW YORK, December 29, 2025, 12:37 ET Tesco will hand out more than 3 million free apples to children in more than 800 of its large UK stores from Dec. 30, the retailer said. The giveaway is part of a 2026 push that also includes member-only discounts and extra loyalty points for some shoppers buying fruit and vegetables. Tesco+2Grocery Gazette+2 The move comes as supermarkets ramp up New Year promotions and try to hold onto shoppers who have become more price-sensitive after years of higher grocery bills. Tesco is pitching the plan as a way to make healthier choices easier
29 December 2025
Intuit’s TurboTax and QuickBooks move toward USDC stablecoin payments in Circle deal

Intuit’s TurboTax and QuickBooks move toward USDC stablecoin payments in Circle deal

NEW YORK, December 29, 2025, 12:06 ET Intuit Inc plans to use Circle Internet Group’s USDC stablecoin and related infrastructure across its TurboTax, QuickBooks and Credit Karma products, aiming to support faster, lower-cost payments and refunds, a recent Investor Monkey report said. Finviz The effort matters because stablecoins — digital tokens designed to hold a steady value, often pegged to the U.S. dollar — are increasingly being tested by mainstream financial firms as an always-on alternative to traditional payment rails. Reuters For Intuit, stablecoin-based transfers would touch a customer base that the company says totals about 100 million worldwide and
29 December 2025
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AAOI stock swings, then slips as investors refocus on 800G ramp

AAOI stock swings, then slips as investors refocus on 800G ramp

NEW YORK, December 29, 2025, 11:56 ET — Regular session Applied Optoelectronics shares were down 0.9% at $36.85 in late morning trading on Monday, after swinging between $36.17 and $39.15 as volumes stayed elevated. The reversal kept the spotlight on the fiber-optics supplier after a sharp pullback late last week, when traders began locking in gains following a run to fresh highs. Trefis That matters because AAOI has become a high-beta proxy for investor appetite around AI data-center buildouts, where cloud operators are upgrading to faster optical links to move data between servers. GlobeNewswire+1 Broader market tone was cautious, with
29 December 2025
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TMC stock drops 5% as NOAA’s seabed-mining deadlines come into focus

TMC stock drops 5% as NOAA’s seabed-mining deadlines come into focus

NEW YORK, December 29, 2025, 11:54 ET — Regular session Shares of Nasdaq-listed TMC the metals company fell about 5% on Monday, last down $0.34 at $6.48. The move comes in a holiday-thinned final week of the year, with investors focused on the next steps in the company’s bid to secure U.S. approvals to explore the deep seabed for metals. Reuters+1 The National Oceanic and Atmospheric Administration, part of the U.S. Commerce Department, is seeking public comment on two exploration license applications filed by The Metals Company USA, LLC, and has set a Feb. 23 deadline. GovInfo Those dates matter
29 December 2025
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Pfizer filings spotlight big portfolio shifts as Live Oak slashes stake 92%

Pfizer filings spotlight big portfolio shifts as Live Oak slashes stake 92%

NEW YORK, December 29, 2025, 10:35 ET Live Oak Private Wealth LLC cut its stake in Pfizer (PFE.N) by 92.5% in the third quarter, selling 216,868 shares and ending the period with 17,627 shares, a regulatory filing showed. MarketBeat+2SEC+2 The disclosures matter because quarterly holdings reports are one of the few windows investors get into how money managers were positioned in major stocks heading into the final stretch of the year. The filings can signal shifting conviction in Pfizer, a high-profile name in U.S. healthcare. MarketBeat+2MarketBeat+2 The reports are known as Form 13F filings, which large investment managers submit to
29 December 2025
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JPMorgan slashes KB Home target to $50 as Wall Street flags weaker 2026 returns

JPMorgan slashes KB Home target to $50 as Wall Street flags weaker 2026 returns

NEW YORK, December 29, 2025, 10:18 ET JPMorgan Chase cut its price target on KB Home to $50 from $71 and kept a Neutral rating on the homebuilder on Monday, according to a report carried by TheFly. TipRanks The call is the latest sign that analysts are recalibrating expectations for U.S. homebuilders as weaker demand and heavier incentives squeeze margins heading into 2026. ResiClub+1 Investors are focusing on whether builders can defend profitability as affordability remains tight and competition shifts toward discounts and financing support to move homes. ResiClub+1 JPMorgan analyst Michael Rehaut said the bank cut its 2026 and
29 December 2025
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Silver tumbles from $80 record as SLV, PSLV traders brace for more swings

Silver tumbles from $80 record as SLV, PSLV traders brace for more swings

NEW YORK, December 29, 2025, 10:08 ET Silver fell sharply on Monday after touching a record above $80 an ounce, a reversal that rippled through popular silver-backed products such as BlackRock’s iShares Silver Trust and Sprott’s Physical Silver Trust. Reuters+2BlackRock+2 The pullback matters because silver’s surge has turned the metal into one of 2025’s standout trades, pulling in investors who want liquid exposure through exchange-traded products instead of dealing with coins, bars or futures contracts. Reuters+1 Now, year-end positioning is colliding with shifting safe-haven demand and tougher collateral rules in the futures market, making the rally more vulnerable to abrupt
29 December 2025
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NALCO hits record high as India metal stocks ride Fed cut bets

NALCO hits record high as India metal stocks ride Fed cut bets

NEW YORK, December 29, 2025, 11:08 ET Shares of India’s National Aluminium Company Ltd (NALCO) hit a record high on Monday, reaching 314 rupees — their highest level in the past year — before easing, market data showed. Moneycontrol MarketsMojo put the new 52-week and all-time high at 312.9 rupees. Markets Mojo The move underscores investors’ appetite for metal producers into year-end, after a run-up in sector shares tied to expectations of easier U.S. monetary policy and steadier global demand. Moneycontrol That matters now because the rally has left the group more sensitive to sharp swings in commodity prices and
29 December 2025
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Shark Tank’s Kevin O’Leary goes Hollywood as Marty Supreme scores a holiday win

Shark Tank’s Kevin O’Leary goes Hollywood as Marty Supreme scores a holiday win

NEW YORK, December 29, 2025, 11:06 ET Kevin O’Leary, the sharp-tongued investor best known from ABC’s Shark Tank, is getting fresh exposure on the big screen as A24’s Marty Supreme delivered a strong holiday opening. Box office tracker Comscore pegged the film’s four-day Christmas weekend haul at $27.1 million, according to figures cited by the Associated Press. https://apnews.com/article/9f2911eefe2d800d1c1063426a114f17 The showing matters for A24 because Marty Supreme is the independent studio’s biggest-budget release and is competing in a crowded holiday corridor dominated by franchise fare. “It was a really solid end to a tumultuous year,” said Paul Dergarabedian, senior media analyst
29 December 2025
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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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