Today: 3 March 2026

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.

ASE Technology stock jumps 7% after $3.2 billion advanced-packaging target; Monday in focus

ASE Technology stock jumps 7% after $3.2 billion advanced-packaging target; Monday in focus

Shares of ASE Technology rose 7.2% to T$304.50 Friday after the company projected its advanced chip packaging business would double to $3.2 billion by 2026 and announced an extra $1.5 billion in capital spending for the year. ASE reported unaudited Q4 net income of NT$14.7 billion on revenues of NT$177.9 billion. Taiwan’s market is closed for the weekend; traders await Monday’s open.
6 February 2026
Software stocks rebound after eight-day rout as Anthropic’s new Claude and Alphabet AI spend keep nerves high

Software stocks rebound after eight-day rout as Anthropic’s new Claude and Alphabet AI spend keep nerves high

U.S. software stocks rebounded Friday, with the iShares Expanded Tech-Software ETF up 2.4% to $81.59 after steep declines tied to AI-driven volatility. The S&P 500, Nasdaq 100, and Dow ETFs also rose. On Thursday, Anthropic launched its upgraded Claude Opus 4.6 AI model. Alphabet shares fell amid ongoing pressure on SaaS and financial-data firms.
Sirius XM stock drops after earnings pop fades as traders weigh 2026 cash-flow target

Sirius XM stock drops after earnings pop fades as traders weigh 2026 cash-flow target

Sirius XM shares fell 5.3% to $21.40 Friday after Seaport Global downgraded the stock, erasing part of Thursday’s 9% surge. The company set 2026 targets of $8.5 billion in revenue and $2.6 billion adjusted EBITDA, but subscriber losses and concerns over pricing weighed on sentiment. SiriusXM ended 2025 with 33 million subscribers and reported $8.56 billion in revenue for the year.
Wall Street Tech Sell-Off Gets a New Test as Amazon’s $200 Billion AI Spend Plan Bites

Wall Street Tech Sell-Off Gets a New Test as Amazon’s $200 Billion AI Spend Plan Bites

U.S. stocks rebounded Friday, with the Dow up 1.08% and the S&P 500 rising 0.88% by 9:33 a.m. ET, while Amazon shares fell after announcing $200 billion in capital spending. Bitcoin recovered near $68,000 after dropping to $60,000 Thursday. Jobless claims rose, and job openings hit a five-year low. Chip stocks led gains as tech investors weighed heavy AI infrastructure spending.
Hershey stock price jumps again: HSY extends rally as 2026 outlook tops estimates

Hershey stock price jumps again: HSY extends rally as 2026 outlook tops estimates

Hershey shares rose about 3% Friday, extending gains after a strong fourth-quarter report and a 2026 outlook that topped analyst forecasts. The stock peaked at $234.01 before settling near $231.10 in morning trading. The company projected 2026 net sales growth of 4–5% and adjusted EPS of $8.20–$8.52. Hershey expects first-quarter margins to remain pressured, with improvement likely in the second quarter.
ITT stock rises again after earnings jump; KeyBanc lifts target to $230

ITT stock rises again after earnings jump; KeyBanc lifts target to $230

ITT shares rose 0.9% to $203.82 Friday after a 9% rally Thursday, driven by strong Q4 results and a raised dividend. The company reported a 13% revenue jump to $1.054 billion and set Q1 EPS guidance at $1.67–$1.71. ITT expects to close its SPX Flow acquisition in March and will adjust profit metrics after the deal. KeyBanc raised its price target to $230.
Dauch (DCH) stock slips as Feb. 13 earnings date nears after Dowlais deal

Dauch (DCH) stock slips as Feb. 13 earnings date nears after Dowlais deal

Dauch Corp shares fell 0.7% to $8.15 in early New York trading after the company set Feb. 13 for its first earnings report since switching to the DCH ticker. The board added two former Dowlais directors as integration efforts began. Dauch confirmed new share issuance and dual listing in London tied to the Dowlais deal. The stock traded between $8.13 and $8.44 Friday, within a 52-week range of $3.00 to $9.25.
6 February 2026
Cardinal Health stock today: CAH slips in early trade after forecast hike

Cardinal Health stock today: CAH slips in early trade after forecast hike

Cardinal Health shares fell 0.2% to $226.66 Friday morning, despite raising its fiscal 2026 adjusted earnings forecast to $10.15-$10.35 per share after beating quarterly estimates. Second-quarter revenue rose 19% to $65.6 billion, with adjusted EPS at $2.63. CEO Jason Hollar cited strong specialty medicine demand but downplayed obesity drugs’ profit impact. Cencora rose 0.9%, McKesson slipped 0.4%.
InterDigital stock pops as IDCC outlook and licensing fights grab traders’ attention

InterDigital stock pops as IDCC outlook and licensing fights grab traders’ attention

InterDigital shares jumped about 8.5% Friday morning after the company issued 2026 revenue guidance and highlighted growth in recurring licensing revenue. Fourth-quarter revenue fell 37% to $158.2 million, with catch-up revenue plunging to $12.6 million. Adjusted earnings per share beat analyst estimates. Management flagged rising litigation costs and upcoming demos at Mobile World Congress.
6 February 2026
Robinhood stock snaps back as HOOD heads into earnings after a rough week

Robinhood stock snaps back as HOOD heads into earnings after a rough week

Robinhood shares rose about 13% Friday after a 50% drop since October, ahead of its February 10 earnings report. The stock remains down nearly 30% year-to-date amid tech sector volatility and concerns over AI automation. Zacks noted HOOD is now technically oversold and trading at its lowest RSI point. Robinhood has expanded into new business lines and reported growth in paid subscribers and revenue per user.
Liberty Global stock price jolts as rarely traded LBTYB jumps; LBTYA ticks up into earnings

Liberty Global stock price jolts as rarely traded LBTYB jumps; LBTYA ticks up into earnings

Liberty Global’s Class B shares (LBTYB) surged 86% Friday, peaking at $51.24 before closing at $22.40 on heavy volume, with no new filings or news. Class A and C shares both rose 1.4% to $11.42. The company will report full-year results on February 18. Liberty Global and Telefonica are also preparing a £2 billion bid for UK broadband provider Netomnia, according to the Financial Times.
Construction Partners stock rises after outlook hike, DA Davidson lifts target to $130

Construction Partners stock rises after outlook hike, DA Davidson lifts target to $130

Construction Partners shares rose 1.2% to $129.13 Friday after DA Davidson raised its price target to $130. The move followed a quarterly report showing net income of $17.2 million, revenue of $809.5 million, and a record $3.09 billion backlog. The company lifted its 2026 revenue outlook to as high as $3.56 billion. Granite Construction and Sterling Infrastructure shares also gained.
6 February 2026
Tapestry stock rises again as Coach Tabby bags fuel forecast hike — what TPR investors watch next

Tapestry stock rises again as Coach Tabby bags fuel forecast hike — what TPR investors watch next

Tapestry shares rose 3% to $147.51 Friday morning after the company raised its annual outlook, citing strong Coach sales. Coach revenue jumped 25% to $2.14 billion in the holiday quarter, while Kate Spade sales fell 14%. Tariffs cut about 190 basis points from gross margin. Tapestry set a quarterly dividend of $0.40 per share, payable March 23 to holders as of March 6.
6 February 2026
Ensign Group stock climbs toward $200 after 2026 outlook; Truist lifts ENSG target

Ensign Group stock climbs toward $200 after 2026 outlook; Truist lifts ENSG target

Ensign Group shares rose 1.4% to $199.86 in early Friday trading after the company projected 2026 diluted EPS of $7.41–$7.61 and revenue of $5.77–$5.84 billion. Truist raised its price target to $215, citing improved occupancy and acquisitions. Ensign reported Q4 revenue of $1.36 billion and net income of $95.5 million. The company ended 2025 with 378 operations and $503.9 million in cash.
6 February 2026
Corpay stock edges higher today as CPAY earnings, PayByPhone sale and broker targets keep bulls engaged

Corpay stock edges higher today as CPAY earnings, PayByPhone sale and broker targets keep bulls engaged

Corpay shares rose 1.4% to $339.73 Friday after the company posted fourth-quarter revenue of $1.25 billion, up 21%, and issued strong 2026 guidance. The company plans to sell its PayByPhone unit and now expects 2026 revenue between $5.215 billion and $5.315 billion. Analyst price targets increased following the report. Corpay’s corporate payments division saw a 39% revenue jump to $480.8 million.
6 February 2026
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