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.

LyondellBasell stock jumps as RBC lifts target — what LYB investors are watching next

LyondellBasell stock jumps as RBC lifts target — what LYB investors are watching next

LyondellBasell shares jumped 6.4% to $53.46 Tuesday after analysts raised price targets, with RBC Capital moving to $51 and Wells Fargo to $48. The company reported it surpassed its 2025 cash improvement goal and increased its 2026 target to $1.3 billion. Recent cold weather caused natural gas prices and petrochemical costs to spike, impacting margins. Plastics prices remain volatile amid supply disruptions.
3 February 2026
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Ball stock jumps nearly 9% after earnings beat, $900 million 2026 cash-flow goal in sight

Ball stock jumps nearly 9% after earnings beat, $900 million 2026 cash-flow goal in sight

Ball Corp shares jumped 8.9% to $61.75 after reporting fourth-quarter adjusted earnings of $0.91 a share on $3.35 billion in sales, both above analyst estimates. Global aluminum-packaging shipments rose 6%. The company forecast over 10% comparable profit growth in 2026 and warned of about $35 million in direct tariff costs. Ball completed an 80% purchase of Benepack for €184 million.
3 February 2026
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Huang says Nvidia will still invest in OpenAI, dismisses ‘drama’ as Oracle exposure draws scrutiny

Huang says Nvidia will still invest in OpenAI, dismisses ‘drama’ as Oracle exposure draws scrutiny

Nvidia CEO Jensen Huang confirmed plans to invest in OpenAI’s next funding round, denying reports of tension between the companies. Nvidia shares fell 3.6% and Oracle dropped 4% as investors reacted to uncertainty over OpenAI’s chip and cloud partnerships. OpenAI is testing alternatives to some Nvidia chips for AI inference tasks. Oracle aims to raise up to $50 billion in 2026 to expand data center capacity for OpenAI.
3 February 2026
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Nvidia’s Huang says “no drama” with OpenAI as ChatGPT maker weighs other AI chips

Nvidia’s Huang says “no drama” with OpenAI as ChatGPT maker weighs other AI chips

Nvidia CEO Jensen Huang said the company’s investment in OpenAI is proceeding as planned and denied any rift, telling CNBC, “There’s no drama involved.” Reuters reported OpenAI has tested alternatives to Nvidia chips for some inference tasks, citing speed concerns. OpenAI CEO Sam Altman responded that Nvidia makes “the best AI chips in the world” and the company hopes to remain a major customer.
3 February 2026
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Westlake stock price jumps nearly 8% in late trade as chemical shares rise

Westlake stock price jumps nearly 8% in late trade as chemical shares rise

Westlake shares surged 7.7% to $90.22 Tuesday amid a broad rally in U.S. chemical stocks, with Dow and LyondellBasell also posting strong gains. Trading volume reached 1.3 million shares. Analysts remain split on sector outlook, citing oversupply risks and possible demand recovery. Westlake will showcase new building products at the Builders’ Show in Orlando Feb. 17–19.
3 February 2026
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Southern Copper (SCCO) stock jumps 10% on copper rebound — what traders watch next

Southern Copper (SCCO) stock jumps 10% on copper rebound — what traders watch next

Southern Copper shares surged 10.2% to $212.43 Tuesday, outpacing peers as copper prices steadied on reports of Chinese stockpiling. The company announced a $1.00 per share cash dividend and a stock dividend, both payable Feb. 27 to holders of record Feb. 10. CFO Raul Jacob projected a 2026 market deficit and a 4.7% drop in output. Copper traded near $13,283 per ton after hitting a record in January.
3 February 2026
TeraWulf stock jumps on Kentucky, Maryland power-site deal: what WULF investors are watching next

TeraWulf stock jumps on Kentucky, Maryland power-site deal: what WULF investors are watching next

TeraWulf shares rose 6.2% to $14.27 after announcing the acquisition of a Kentucky industrial site and a pending deal for a Maryland power plant, adding 1.5 GW to its capacity. The Kentucky deal closed Feb. 2; the Maryland transaction awaits regulatory approval. Century Aluminum sold the Hawesville, Kentucky plant but kept a minority stake. TeraWulf’s stock gained despite a 4% drop in bitcoin prices.
3 February 2026
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Rocket Companies stock jumps 8% as RKT swings on mortgage volume talk

Rocket Companies stock jumps 8% as RKT swings on mortgage volume talk

Rocket Companies shares jumped 8.2% to $20.32 late Tuesday, with trading volume near 44.6 million shares. CEO Varun Krishna told CNBC the firm is seeing its highest mortgage loan volume and gain-on-sale margin in four years. UWM Holdings, loanDepot, and PennyMac Financial Services all fell. Rocket reports earnings Feb. 19.
3 February 2026
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AI disruption fear drags Nasdaq lower as Alphabet, Amazon earnings loom

AI disruption fear drags Nasdaq lower as Alphabet, Amazon earnings loom

U.S. stocks dropped Tuesday, with the S&P 500 down 1.46% and the Nasdaq off 2.17% as investors worried AI could pressure software makers’ margins. PayPal plunged 19% after a CEO change and weak outlook, while Walmart reached a $1 trillion market value. The 10-year Treasury yield rose to 4.287%. The House narrowly passed a bill to end the government shutdown.
3 February 2026
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Nvidia’s Jensen Huang says “no drama” with OpenAI as chip doubts and Oracle’s $50B AI funding plan collide

Nvidia’s Jensen Huang says “no drama” with OpenAI as chip doubts and Oracle’s $50B AI funding plan collide

OpenAI has been seeking alternatives to some Nvidia chips for AI inference tasks, sources said, raising questions about their partnership. Nvidia CEO Jensen Huang said investment talks with OpenAI remain on track. Oracle plans to raise up to $50 billion in 2026 to expand its AI cloud business, citing demand from OpenAI and others. Nvidia and Oracle shares each fell about 5% in midday trading.
3 February 2026
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Stocks Slide as AI Disruption Jitters Hit Tech — Earnings Wave Looms

Stocks Slide as AI Disruption Jitters Hit Tech — Earnings Wave Looms

U.S. stocks fell Tuesday, with the Nasdaq down nearly 2% as tech and software shares slid on AI disruption fears. Alphabet and Amazon dipped ahead of earnings, while Nvidia and Microsoft also declined. Teradyne jumped over 20% on a strong forecast. Labor-market data was delayed by the ongoing partial government shutdown.
3 February 2026
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Stock Market Today

IRS tax refund delays? Watchdog flags staffing crunch as 2026 filing season ramps up

IRS tax refund delays? Watchdog flags staffing crunch as 2026 filing season ramps up

7 February 2026
IRS staffing has dropped to 2021 levels as the 2026 tax filing season begins, according to a Treasury watchdog. The agency faces a backlog of about 2 million returns, 129% above pre-pandemic levels. Most e-filers using direct deposit still get refunds within 21 days, but paper filings and amended returns could see delays. The IRS lowered its call-answer target to 70% for this season.
Plug Power stock jumps 12% after vote setback, with Feb 17 share decision in focus

Plug Power stock jumps 12% after vote setback, with Feb 17 share decision in focus

7 February 2026
Plug Power shares rose 11.6% Friday to $2.08 after a sharp drop the previous day, as attention shifted to a Feb. 17 shareholder vote on expanding authorized shares. The company failed to secure enough votes earlier this week and is urging overseas holders to participate. CEO Andy Marsh cited difficulties for European investors in casting ballots. A reverse stock split remains possible if the proposal fails.
AT&T stock price: T slips after $6.5B bond sale as payrolls, CPI loom next week

AT&T stock price: T slips after $6.5B bond sale as payrolls, CPI loom next week

7 February 2026
AT&T shares closed down 0.7% at $27.13 on Friday, underperforming the S&P 500’s 1.97% gain. The company completed a $6.5 billion global notes sale this week, with maturities from 2031 to 2056 and coupons between 4.4% and 6%. Investors await delayed U.S. jobs and inflation data, along with T-Mobile’s upcoming earnings update.
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