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.

Zeta Global (ZETA) stock price steadies before NYSE open after sharp drop in AI-led software selloff

Zeta Global (ZETA) stock price steadies before NYSE open after sharp drop in AI-led software selloff

Zeta Global shares rose 0.4% in premarket trading Friday after plunging 7.9% to $16.00 in the previous session. The stock has dropped about 14% this week amid a broader selloff in software and data firms on AI disruption fears and rising Big Tech capital spending. Zeta’s next earnings report is scheduled for February 19.
Coloplast A/S stock sinks nearly 8% as Medicare reimbursement change hits Kerecis outlook

Coloplast A/S stock sinks nearly 8% as Medicare reimbursement change hits Kerecis outlook

Coloplast A/S shares fell 7.82% to 495.35 crowns in Copenhagen after the company slashed its Kerecis growth forecast to 10% due to new U.S. Medicare reimbursement rules. Group revenue for the quarter was flat at 7,043 million crowns, with EBIT before special items down 3% to 1,850 million. Coloplast will phase out Kerecis Shield in Medicare outpatient care and shift focus to its MariGen range.
Fortinet stock rises in premarket after earnings beat and upbeat 2026 outlook

Fortinet stock rises in premarket after earnings beat and upbeat 2026 outlook

Fortinet shares rose 2.8% to $81.11 premarket after quarterly earnings and revenue beat forecasts, with billings climbing to $2.37 billion. Adjusted earnings reached 81 cents per share on $1.91 billion revenue. The company projected first-quarter earnings below some estimates and approved a $1 billion increase to its share buyback program. Service revenue growth lagged, raising questions about renewal momentum.
Kongsberg Gruppen ASA stock price jumps 14% as Q4 backlog hits record and €140m weapons order lands

Kongsberg Gruppen ASA stock price jumps 14% as Q4 backlog hits record and €140m weapons order lands

Kongsberg shares jumped 14% to 367.15 crowns after reporting record Q4 results and a €140 million weapons contract. The company set a regular 2.20 crowns and special 3.50 crowns dividend, pending April 13 approval. Order backlog reached 157.4 billion crowns. Kongsberg confirmed plans to spin off its maritime unit with a separate listing targeted for April 23.
Nebius stock snaps higher in premarket after two-day slide as NBIS earnings near

Nebius stock snaps higher in premarket after two-day slide as NBIS earnings near

Nebius Group N.V. shares rose 4.8% to $77.41 in premarket trading Friday, rebounding after an 18% two-day drop amid a broader tech selloff. The Amsterdam-based AI cloud firm will report fourth-quarter and full-year 2025 results on Feb. 12. Investors are focused on Nebius’s spending plans and revenue outlook as scrutiny of capital expenditures in the sector intensifies.
Lithium price slips again in China, dragging Albemarle and SQM shares lower before Wall Street opens

Lithium price slips again in China, dragging Albemarle and SQM shares lower before Wall Street opens

China’s battery-grade lithium carbonate price fell about 4% to 134,500 yuan per tonne, pressuring lithium stocks in U.S. premarket trading. Albemarle dropped 7.2%, SQM slipped 4%, and Lithium Americas lost 8.6%. Shanghai Metals Market said downstream stockpiling ahead of Lunar New Year is nearly complete. LME lithium hydroxide CIF slid 3.3% to $17,600 per tonne.
Oscar Health (OSCR) stock slips again in premarket as insurer cost fears spread ahead of earnings

Oscar Health (OSCR) stock slips again in premarket as insurer cost fears spread ahead of earnings

Oscar Health shares fell 2.3% to $12.22 in premarket trading Friday after a 5.4% drop Thursday, as investors reacted to Molina Healthcare’s profit warning and exit from Medicare Part D. Molina’s stock plunged nearly 35% after hours, dragging other managed-care stocks lower. Oscar reports earnings Feb. 10, with investors watching for updates on 2026 enrollment and claims.
Gasoline prices today: RBOB futures tick up as U.S.-Iran talks put a floor under the market

Gasoline prices today: RBOB futures tick up as U.S.-Iran talks put a floor under the market

U.S. gasoline futures rose 0.43% to $1.9349 per gallon premarket Friday, while pump prices edged up to $2.90 a gallon, AAA reported. Gasoline inventories increased last week despite a drop in crude stocks, and refineries ran at 90.5% capacity. Oil prices were little changed as traders watched U.S.-Iran talks in Oman. Wholesale spot gasoline in New York Harbor climbed 1.1% to $2.16 a gallon.
6 February 2026
Heating Oil Price Today: ULSD slips in early trade as Iran talks, tight distillates stay in focus

Heating Oil Price Today: ULSD slips in early trade as Iran talks, tight distillates stay in focus

NYMEX heating oil futures fell 0.4% to $2.3830 a gallon in early New York trading Friday. U.S. distillate inventories dropped by 5.6 million barrels last week, hitting 127.4 million, according to the EIA. Traders are watching U.S.-Iran talks in Oman and upcoming inventory data for signals on supply risks. Brent crude edged up 7 cents to $67.62 a barrel.
Amazon’s $200B AI Spend Shock Ripples Through Stocks Before Wall Street Opens

Amazon’s $200B AI Spend Shock Ripples Through Stocks Before Wall Street Opens

Amazon shares fell 4.5% to $222.69 premarket Friday after the company projected $200 billion in 2026 capital spending, up from $131 billion for 2025, fueling investor concerns over AI-related costs. Microsoft dropped 4.9%, AMD 3.9%, and Super Micro Computer 8.6%. Alphabet forecast $175–185 billion in 2026 capex, more than double its 2025 plan. Broadcom rose 0.8%.
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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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