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.

Bitcoin price breaks below $80,000 after silver rout — and Warren Buffett’s Berkshire Hathaway sees American Express nearly catch Apple

Bitcoin price breaks below $80,000 after silver rout — and Warren Buffett’s Berkshire Hathaway sees American Express nearly catch Apple

Bitcoin fell below $80,000 Saturday, dropping 6.5% to $78,719 as the dollar strengthened after Donald Trump named Kevin Warsh to lead the Federal Reserve. Ether slid nearly 12%, and crypto liquidations topped $1.6 billion in 24 hours. Investors pulled almost $1.5 billion from U.S. bitcoin ETFs this week. The wider crypto market lost about $111 billion in value.
1 February 2026
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Phoenix Asia Holdings (PHOE) stock jumps nearly 1,000% — what to watch before Monday’s Nasdaq open

Phoenix Asia Holdings (PHOE) stock jumps nearly 1,000% — what to watch before Monday’s Nasdaq open

Phoenix Asia Holdings closed Friday at $133.12, soaring nearly 997% from its previous close with trading repeatedly halted for volatility. Volume hit 55,580 shares, far above normal levels, and the company’s market cap reached about $2.9 billion. No news or filings explained the move. U.S. markets are closed until Monday.
1 February 2026
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Liberty Broadband stock jumps with Charter rally — what investors watch next week

Liberty Broadband stock jumps with Charter rally — what investors watch next week

Liberty Broadband shares rose 7.7% to $48.02 Friday, mirroring Charter Communications after Charter reported fewer broadband customer losses but a drop in revenue. Charter’s fourth-quarter revenue fell 2.3% to $13.6 billion, missing analyst forecasts. Liberty shareholders are set to receive Charter stock in a pending deal. Liberty’s Q&A call is scheduled for Feb. 11.
1 February 2026
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Charter Communications stock jumped on earnings — what to watch before Monday’s open

Charter Communications stock jumped on earnings — what to watch before Monday’s open

Charter shares rose 7.6% to $206.12 Friday after reporting a quarterly loss of 119,000 internet customers, less than expected. CEO Chris Winfrey said the rural network build-out is nearly finished. Revenue fell 2.3% to $13.6 billion, with net income at $1.3 billion. An analyst warned a full turnaround could take time.
1 February 2026
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Applied Optoelectronics stock jumps 10% into new week as insider sale filing lands — what AAOI traders watch next

Applied Optoelectronics stock jumps 10% into new week as insider sale filing lands — what AAOI traders watch next

Applied Optoelectronics shares surged 10.21% to $43.61 Friday, after a volatile session that saw a peak of $48.31. A regulatory filing showed Chief Legal Officer David C. Kuo sold 12,000 shares on Jan. 28 under a prearranged plan. The stock has gained 22% in five sessions as investors await late-February earnings and updates on high-speed data-center optics. Peers moved less sharply, with AAOI the day’s standout.
1 February 2026
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Robert Half stock (RHI) jumps 28% after earnings; analysts lift targets and jobs data loom

Robert Half stock (RHI) jumps 28% after earnings; analysts lift targets and jobs data loom

Robert Half shares surged 27.76% to $34.61 Friday, then slipped 0.3% after hours. The company reported Q4 revenue of $1.302 billion and EPS of $0.32, both down year-over-year, but pointed to improving sequential trends. Truist and JPMorgan raised price targets after the earnings release. Investors await Monday’s open and key U.S. labor data due February 6.
1 February 2026
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Deckers stock jumps after Hoka, UGG earnings lift outlook — what to watch when markets reopen

Deckers stock jumps after Hoka, UGG earnings lift outlook — what to watch when markets reopen

Deckers shares surged 19.4% to $119.34 Friday after the company raised its fiscal 2026 outlook and projected over $1 billion in share buybacks. Net sales for the fiscal third quarter rose 7.1% to $1.958 billion, with Hoka and UGG brands posting strong full-price sales. Deckers trimmed its expected tariff impact for 2026 to $25 million. U.S. markets reopen Monday.
1 February 2026
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Microsoft stock (MSFT) heads into Monday with AI spending bill still in focus

Microsoft stock (MSFT) heads into Monday with AI spending bill still in focus

Microsoft shares fell 0.8% to $430.29 Friday, extending losses after a 10% drop Thursday that erased $360 billion in market value. Investors questioned heavy AI and data-center spending, with nearly half of Microsoft’s backlog tied to OpenAI. Tech stocks lagged, pulling the Nasdaq down 0.7%. Alphabet and Amazon earnings, plus U.S. jobs data, are due next week.
1 February 2026
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Denison Mines stock price: DNN drops 6.6% as uranium slips under $100 — what to watch Monday

Denison Mines stock price: DNN drops 6.6% as uranium slips under $100 — what to watch Monday

Denison Mines shares fell 6.6% to $3.96 Friday as uranium prices slipped to $99.25 a pound. Cameco dropped 7.7% and NexGen Energy lost 5.6%. Denison awaits a Canadian Nuclear Safety Commission ruling for its Phoenix mine, with a final investment decision pending. Sprott Physical Uranium Trust recently bought 500,000 pounds of uranium and raised $214 million, pushing prices above $100 earlier in the week.
1 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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