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.

Denison Mines (DNN) stock slides into the weekend as uranium miners sell off — what to watch next week

Denison Mines (DNN) stock slides into the weekend as uranium miners sell off — what to watch next week

Denison Mines shares fell 6.6% to $3.96 Friday amid a broad selloff in uranium stocks, as spot uranium prices topped $100 per pound. Trading volume reached 56.9 million shares. The Global X Uranium ETF dropped 7.4%, while Cameco slid 7.7%. Investors await federal permitting updates on Denison’s Phoenix project.
31 January 2026
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NIO stock price slips into weekend as China PMI turns down; Monday’s data in focus

NIO stock price slips into weekend as China PMI turns down; Monday’s data in focus

NIO shares closed down 1.3% at $4.70 Friday, tracking losses in U.S.-listed Chinese EV stocks as China’s official factory PMI fell to 49.3 in January. Tesla rose 3%. Li Auto and XPeng dropped over 3%. U.S. markets are closed for the weekend, with traders awaiting China’s private PMI and January delivery data next week.
31 January 2026
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AT&T stock price jumps 4% as Verizon sparks telecom rally — what to watch next week

AT&T stock price jumps 4% as Verizon sparks telecom rally — what to watch next week

AT&T shares rose 4.3% to $26.21 Friday, lifted by a rally in telecom stocks after Verizon reported 616,000 postpaid phone net additions. The broader U.S. market fell. AT&T reaffirmed plans to return over $45 billion to shareholders from 2026 to 2028 and keep its annual dividend steady. Investors await U.S. economic data and further carrier updates.
31 January 2026
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Vale stock slides 5% as Brazil mine curbs and China PMI cloud the week ahead

Vale stock slides 5% as Brazil mine curbs and China PMI cloud the week ahead

Vale’s U.S. shares fell 5.1% to $16.07 after Minas Gerais state inspectors ordered its Viga mine to stay shut over environmental concerns and fined the company $324,000. China’s manufacturing PMI slipped to 49.3 in January, fueling demand worries. The iShares MSCI Brazil ETF dropped 2.8%. Baowu Resources took control of Guinea’s Simandou Blocks 1 and 2, aiming for major iron ore shipments.
31 January 2026
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Rocket Companies stock slides 14% after PennyMac miss; RKT traders brace for Fed pick fallout and jobs data

Rocket Companies stock slides 14% after PennyMac miss; RKT traders brace for Fed pick fallout and jobs data

Rocket Companies shares fell 13.67% to $17.93 on Friday, with trading volume tripling its 50-day average. PennyMac Financial plunged 33% after reporting quarterly earnings far below estimates. UWM Holdings also dropped nearly 14% as mortgage stocks slid and both major indexes closed lower. Markets face added uncertainty after Donald Trump nominated Kevin Warsh to lead the Federal Reserve.
31 January 2026
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Apple stock closes higher after upbeat outlook, but chip squeeze keeps traders cautious

Apple stock closes higher after upbeat outlook, but chip squeeze keeps traders cautious

Apple closed up 0.3% at $259.48 after warning that rising memory-chip costs are squeezing profits, despite forecasting 13–16% revenue growth for the March quarter. CEO Tim Cook said processor shortages continue to constrain supply. First-quarter revenue reached $143.8 billion, with iPhone sales at $85.27 billion. Apple set its annual shareholders meeting for Feb. 24.
31 January 2026
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PSLV price slides 27% as silver plunges — what to know about Sprott Physical Silver Trust before Monday

PSLV price slides 27% as silver plunges — what to know about Sprott Physical Silver Trust before Monday

Sprott Physical Silver Trust (PSLV) fell 27.2% to $26.41 Friday after spot silver plunged 27.66% to $84 an ounce, its steepest drop since at least 1982. The slide followed Donald Trump’s pick of Kevin Warsh for Fed chair and hotter-than-expected producer prices. COMEX March silver futures dropped 31.37% to $78.531. iShares Silver Trust (SLV) and abrdn Physical Silver Shares ETF (SIVR) both lost over 28%.
31 January 2026
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Tesla stock jumps on SpaceX-xAI merger talk — what could move TSLA next week

Tesla stock jumps on SpaceX-xAI merger talk — what could move TSLA next week

Tesla shares closed up 3.3% at $430.41 after reports of possible mergers involving SpaceX, xAI, and Tesla. The company confirmed a $2 billion investment in xAI and maintained 2026 production targets for its Cybercab robotaxi. Tesla projected capital spending will top $20 billion in 2026, mostly for new vehicle and robotics lines. The Delaware Supreme Court reduced Tesla’s legal fee obligation in a director-pay case to $70.9 million.
31 January 2026
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Cadence Bank stock slips as Huntington deal countdown nears Feb. 1 close

Cadence Bank stock slips as Huntington deal countdown nears Feb. 1 close

Cadence Bank shares fell 1.7% to $42.11 Friday, widening their discount to the implied Huntington Bancshares takeover price ahead of the expected Feb. 1 merger close. Huntington ended up 1.1% at $17.48, raising the deal’s implied value to $43.26 per Cadence share. All regulatory approvals are in place, with final closing conditions pending. After-hours, Cadence rose to $42.41.
31 January 2026
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BigBear.ai (BBAI) stock slides into next week as Feb. 18 dilution vote nears after AD Ports partnership

BigBear.ai (BBAI) stock slides into next week as Feb. 18 dilution vote nears after AD Ports partnership

BigBear.ai shares fell 8.8% to $5.04 at Friday’s close, with 86.3 million shares traded. Shareholders will vote Feb. 18 on a proposal to double authorized common stock to 1 billion shares. The drop follows news of a new customs and trade partnership with AD Ports Group in the Middle East.
31 January 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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