Bank of America stock rises 3% as Wall Street rebounds — what BAC traders are watching next

Bank of America stock rises 3% as Wall Street rebounds — what BAC traders are watching next

Bank of America shares rose 3% to $56.59 Friday afternoon as U.S. bank stocks rebounded and the Dow hit a record 50,000. The bank said it will redeem all Series DD preferred stock on March 10 at $1,000 per depositary share. Traders shifted bets toward a March Fed rate cut after a delayed jobs report. JPMorgan, Wells Fargo, and Citigroup also posted gains.
VeriSign stock dives nearly 10% after outlook, costs take the shine off results

VeriSign stock dives nearly 10% after outlook, costs take the shine off results

VeriSign shares dropped nearly 10% Friday after its quarterly report, underperforming a rising market. The company raised its dividend and maintained heavy buybacks, but 2026 guidance and .com pricing limits drew scrutiny. Fourth-quarter revenue reached $425 million with net income of $206 million. Post-hearing briefs in the .web arbitration are expected in the first half of 2026.
Qualys stock slides nearly 13% after Q4 beat as 2026 outlook cools the mood

Qualys stock slides nearly 13% after Q4 beat as 2026 outlook cools the mood

Qualys shares dropped 12.7% to $111.62 Friday after the company forecast 2026 revenue growth of 7% to 8%, below last year’s 10%. The cybersecurity firm reported fourth-quarter revenue of $175.3 million and raised its share buyback program by $200 million. RBC and Truist trimmed price targets. CEO Sumedh Thakar received performance shares, with some withheld for taxes.
Carvana stock jumps nearly 7% as used-car prices rise and earnings near

Carvana stock jumps nearly 7% as used-car prices rise and earnings near

Carvana shares jumped 6.9% to $410.18 Friday, outpacing auto retail peers as wholesale used-vehicle prices rose 2.4% in January, according to Cox Automotive. Bank of America trimmed its Carvana price target to $460 but maintained a Buy rating ahead of earnings. CarMax gained 4% and AutoNation rose over 7% in afternoon trading. U.S. consumer sentiment hit 57.3 in early February, the highest since August.
SMCI stock price rebounds nearly 10% as Super Micro swings again after Thursday selloff

SMCI stock price rebounds nearly 10% as Super Micro swings again after Thursday selloff

Super Micro shares rose about 9% to $33.76 in Friday afternoon trading, rebounding after a sharp drop Thursday. The move followed a raised 2026 revenue outlook and strong demand for AI servers, though margin pressure remains. Chip stocks broadly rallied, with the PHLX semiconductor index up 5.5%. Trading volume in Super Micro topped 34 million shares by mid-afternoon.
Dow rebounds toward 50,000 as tech snaps back; bitcoin and gold claw higher while Amazon capex rattles AI bets

Dow rebounds toward 50,000 as tech snaps back; bitcoin and gold claw higher while Amazon capex rattles AI bets

The Dow jumped 989.72 points, or 2.02%, to 49,898.44 by midday Friday, with chipmakers leading Wall Street’s rebound after a three-day slide. Nvidia and AMD each surged about 7%, while Amazon’s capex plans for 2026 hit $200 billion. Bitcoin rebounded after plunging to $63,295.74 on Thursday, its lowest since October 2024. U.S. consumer sentiment edged up to 57.3 in early February.
Caterpillar stock jumps 6% as Dow rebounds — what CAT traders watch next

Caterpillar stock jumps 6% as Dow rebounds — what CAT traders watch next

Caterpillar shares rose 6.3% to $720.83 Friday afternoon, among the biggest boosts to the Dow after touching a session high of $723.44. The stock rebounded from Thursday’s drop and a recent 52-week high, while a University of Michigan survey showed U.S. consumer sentiment at its strongest since August. Caterpillar last week warned tariff costs could reach $2.6 billion in 2026.
Pfizer stock rises as FDA speeds HYMPAVZI review and TrumpRx discounts keep pricing in focus

Pfizer stock rises as FDA speeds HYMPAVZI review and TrumpRx discounts keep pricing in focus

Pfizer shares rose 2.7% to $27.22 Friday after the FDA granted Priority Review to its hemophilia drug HYMPAVZI, with a decision expected by mid-2026. Trading volume reached 30 million shares. The company also launched the TrumpRx discount program, offering cash discounts on over 30 drugs. The White House said TrumpRx.gov debuted Thursday with “most-favored nation” pricing on 40 branded drugs.
Kenvue stock price today: KVUE inches up as Feb. 17 results near and Kimberly-Clark deal math grips shares

Kenvue stock price today: KVUE inches up as Feb. 17 results near and Kimberly-Clark deal math grips shares

Kenvue shares rose 0.2% to $18.11 Friday afternoon, trading about 3.6% below Kimberly-Clark’s $18.79-per-share offer. Kenvue will report Q4 and full-year results on Feb. 17 but will skip its usual conference call as the merger process continues. Shareholders of both companies approved the deal on Jan. 29; regulatory clearance remains pending.
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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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