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.

Calix (CALX) stock jumps as buyback talk returns and traders eye Feb. 24 investor day

Calix (CALX) stock jumps as buyback talk returns and traders eye Feb. 24 investor day

Calix shares rose 6.5% to $47.59 Monday after the company projected sequential revenue growth but warned of near-term margin pressure from its cloud platform migration. CEO Michael Weening reported Q4 revenue of $272.4 million and record non-GAAP gross margin of 58%. Investors await further guidance at Calix’s Feb. 24 investor day.
2 February 2026
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GameStop (GME) stock price jumps on “monumental” deal buzz as traders hunt the next clue

GameStop (GME) stock price jumps on “monumental” deal buzz as traders hunt the next clue

GameStop shares jumped 8.3% to $25.87 Monday afternoon amid renewed takeover rumors and heavy social media speculation. CEO Ryan Cohen was reported to be unavailable for interviews, citing involvement in something “monumental.” Traders await official filings or news ahead of GameStop’s next earnings report, scheduled for March 24. Shares of other meme stocks, including AMC and Koss, also rose.
2 February 2026
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Saia stock jumps nearly 10% as U.S. factory gauge returns to growth ahead of earnings

Saia stock jumps nearly 10% as U.S. factory gauge returns to growth ahead of earnings

Saia shares jumped 9.9% to $368.19 Monday after U.S. factory activity expanded for the first time in a year, lifting transport stocks. The Institute for Supply Management’s PMI rose to 52.6 in January. Investors are watching shipment trends and pricing ahead of Saia’s quarterly results on Feb. 10.
2 February 2026
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nLIGHT stock jumps as laser maker tees up 70kW weapon demo in Saudi show

nLIGHT stock jumps as laser maker tees up 70kW weapon demo in Saudi show

nLIGHT shares rose 6.3% to $48.50 Monday after the company said it will debut a 70kW-class laser weapon system at the World Defense Show in Riyadh next week. Trading volume hit 650,000 shares. The company recently leased more space in Colorado to expand laser production and expects Q4 revenue above prior estimates, with $24–25 million tied to defense projects.
2 February 2026
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TTM Technologies stock price jumps about 7% as ex-Army secretary joins board ahead of earnings

TTM Technologies stock price jumps about 7% as ex-Army secretary joins board ahead of earnings

TTM Technologies shares rose 7.1% to $105.19 by early afternoon after the company named Ryan D. McCarthy and Daniel G. Korte as independent directors. Two current board members, including former CEO Thomas T. Edman, will step down in May. Edman disclosed plans to sell 16,800 shares. Investors await the Feb. 4 earnings call for the 2026 outlook.
2 February 2026
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Ciena stock jumps about 6% as tech rebounds; CIEN traders eye March catalyst

Ciena stock jumps about 6% as tech rebounds; CIEN traders eye March catalyst

Ciena Corp shares rose about 6% to $267.26 by early afternoon Monday after an earlier drop, rebounding alongside other networking stocks like Corning and Nokia. The move followed analyst upgrades and news of new fiber projects in the Balkans. Wall Street’s tech sector gains came as metals prices fell sharply. Investors are watching for updates at the Mobile World Congress in early March.
2 February 2026
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Ivanhoe Electric Inc stock jumps nearly 6% as copper deal news collides with metals selloff

Ivanhoe Electric Inc stock jumps nearly 6% as copper deal news collides with metals selloff

Ivanhoe Electric shares jumped 5.8% to $18.08 in early afternoon New York trading Monday, with volume at 1.7 million shares. The move came as copper prices fell 3% on the London Metal Exchange and CME Group raised margin requirements for metals futures. No new company news was posted. Ivanhoe’s market cap stands near $2.47 billion.
2 February 2026
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Why Coherent stock is jumping today as a unit sale closes and earnings loom

Why Coherent stock is jumping today as a unit sale closes and earnings loom

Coherent Corp shares rose 6.9% to $226.83 Monday ahead of its earnings report due Wednesday after market close. The move followed news that Bystronic finalized its purchase of Coherent’s Tools for Materials Processing unit. Morgan Stanley raised its price target to $190 but kept a neutral rating. Trading remained volatile as investors watched for updates on AI data center demand and debt repayment.
2 February 2026
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DigitalOcean stock jumps 8% as tech rebound builds — what’s driving DOCN today

DigitalOcean stock jumps 8% as tech rebound builds — what’s driving DOCN today

DigitalOcean Holdings jumped 8.2% to $59.78 in afternoon trading Monday, with about 1.7 million shares changing hands. The move followed stronger-than-expected U.S. factory data, which lifted tech stocks broadly. DigitalOcean’s quarterly report is set for February 19. Shares traded between $53.48 and $59.82 during the session.
2 February 2026
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Impinj stock jumps about 8% as chip rally returns ahead of PI earnings

Impinj stock jumps about 8% as chip rally returns ahead of PI earnings

Impinj shares rose about 8% to $149.21 by Monday afternoon, rebounding with chip stocks as tech led Wall Street gains. The move comes ahead of Impinj’s Q4 and full-year 2025 earnings call set for Feb. 5. Semiconductor sentiment remains volatile, with AI demand driving DRAM price forecasts sharply higher. U.S. factory data showed expansion in January, further lifting markets.
2 February 2026
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UWM stock jumps nearly 9% as Two Harbors earnings near and merger math tightens

UWM stock jumps nearly 9% as Two Harbors earnings near and merger math tightens

UWM Holdings shares rose 8.6% to $5.33 by midday Monday after closing at $4.91, ahead of Two Harbors’ quarterly earnings report due after the bell. UWM last week filed a Form S-4 for its planned $1.3 billion stock-for-stock acquisition of Two Harbors. Two Harbors shares gained 7.5%. The deal’s value depends on UWM’s share price and awaits shareholder and regulatory approval.
2 February 2026
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Stock Market Today

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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