Today: 7 February 2026
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Marvell stock price drops to $78.92 as tech jitters bite — what MRVL investors watch next week

Marvell stock price drops to $78.92 as tech jitters bite — what MRVL investors watch next week

Marvell Technology shares fell 3% to $78.92 Friday after Donald Trump nominated Kevin Warsh to lead the Federal Reserve, spurring concerns over higher rates. Producer-price data showed persistent inflation. Marvell’s CFO reported a performance award filing, while the company continues its $540 million XConn Technologies acquisition. Investors await major tech earnings next week.
1 February 2026
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Microchip (MCHP) stock slides into the weekend — here’s what traders watch before earnings

Microchip (MCHP) stock slides into the weekend — here’s what traders watch before earnings

Microchip Technology shares fell 4.33% to $75.92 Friday, with trading volume spiking to about 12 million shares. The drop followed a recent 52-week high and mirrored a 3.9% decline in the Philadelphia Semiconductor Index. Investors await Microchip’s earnings report on Feb. 5. Broader markets retreated amid renewed Fed and inflation concerns.
1 February 2026
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Sungrow shares jump as China export rebate shake-up nears — what to watch before Shenzhen reopens

Sungrow shares jump as China export rebate shake-up nears — what to watch before Shenzhen reopens

Sungrow Power Supply Class A shares closed up 3.2% at 151 yuan Friday after the company said China’s new export tax rebate cuts will not affect its PV inverters, and storage cost impact is “controllable.” Beijing will scrap VAT export rebates for photovoltaic products from April 1. Investors await more policy details and Sungrow’s earnings report.
1 February 2026
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Arm stock slips after Friday chip selloff; CEO share-sale notice puts earnings in focus

Arm stock slips after Friday chip selloff; CEO share-sale notice puts earnings in focus

Arm’s U.S.-listed ADRs fell 2.8% to $105.36 at Friday’s close amid a broad chip stock selloff. CEO Rene Haas filed to sell 6,152 shares valued at about $654,000. The drop comes ahead of Arm’s fiscal third-quarter results due Feb. 4. Investors cited uncertainty over monetary policy after Donald Trump named Kevin Warsh as his pick for Federal Reserve chair.
1 February 2026
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Cambricon Technologies stock price in focus after 2025 profit forecast, “U” tag in play

Cambricon Technologies stock price in focus after 2025 profit forecast, “U” tag in play

Cambricon Technologies expects its first annual profit since listing, forecasting 2025 net income of 1.85–2.15 billion yuan on revenue of 6–7 billion yuan, citing AI computing demand. Shares closed up 0.6% Friday in Shanghai. The company’s “U” suffix may be dropped if audited results in March confirm the turnaround. Cambricon posted a 2024 net loss of 452 million yuan on 1.17 billion yuan revenue.
1 February 2026
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Advanced Micro Devices stock slips on MI450 delay chatter — what investors watch before earnings

Advanced Micro Devices stock slips on MI450 delay chatter — what investors watch before earnings

AMD shares fell 6.13% to $236.73 Friday after SemiAnalysis warned of possible MI450 AI chip delays, though Wells Fargo’s Aaron Rakers disputed the claim and kept a $345 price target. The Nasdaq Composite dropped 0.94% as investors reacted to Kevin Warsh’s nomination for Fed chair. AMD reports earnings Feb. 3, with options pricing signaling an 8.9% implied move for Feb. 6 expiries.
1 February 2026
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SK hynix stock pops above 900,000 won — what could drive the next move

SK hynix stock pops above 900,000 won — what could drive the next move

SK hynix shares jumped 5.57% to 909,000 won Friday, capping a 19% weekly gain as AI-driven memory shortages pushed chip prices higher. The KOSPI closed up 0.06%. Apple and Samsung flagged rising memory costs and tight supply, with SK hynix holding a 61% HBM market share last year. The company is weighing a U.S. AI investment arm and saw its bond rating upgraded to AA+ this week.
1 February 2026
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KLA stock tumbles on cautious outlook: what to watch before Monday’s open

KLA stock tumbles on cautious outlook: what to watch before Monday’s open

KLA shares fell 15.2% to $1,427.94 Friday after the chip-tool maker’s quarterly outlook flagged cautious 2026 spending. The company posted $3.30 billion in revenue and $8.85 adjusted EPS, topping estimates, but traders focused on softer guidance. Jefferies raised its price target but noted KLA’s 2026 forecast lags Lam Research. Investors await Applied Materials’ results next week for further sector signals.
1 February 2026
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Broadcom stock price in focus: Wolfe upgrade leans on Google TPU growth as AVGO heads into Monday

Broadcom stock price in focus: Wolfe upgrade leans on Google TPU growth as AVGO heads into Monday

Broadcom shares rose 0.17% to $331.30 Friday after Wolfe Research upgraded the stock to Outperform with a $400 target. The upgrade cited Broadcom’s gains in Google’s tensor processing units and stronger AI custom-chip sales. Broadcom’s VMware partner strategy is under scrutiny in Europe. Chip and AI infrastructure stocks broadly fell, but Broadcom closed higher.
1 February 2026
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Stock Market Today

ASML stock price snaps back as AI spending bets return, with ex-dividend date next

ASML stock price snaps back as AI spending bets return, with ex-dividend date next

7 February 2026
ASML shares rose 3.84% Friday in Amsterdam to 1,193.80 euros, rebounding with global chip stocks after Amazon signaled a sharp increase in AI-related capital spending. The stock goes ex-dividend Feb. 9 ahead of a 1.60-euro interim payout. ASML’s Nasdaq shares climbed 4.64% to $1,413.01. Despite Friday’s gains, the Amsterdam listing finished the week about 2.5% lower.
Mastercard stock price: MA slips as Dow hits 50,000; jobs and CPI data next week

Mastercard stock price: MA slips as Dow hits 50,000; jobs and CPI data next week

7 February 2026
Mastercard shares closed down 0.6% at $548.74 Friday, trailing gains in Visa and American Express. The Dow Jones Industrial Average surged 2.47% to a record 50,115.67. Mastercard disclosed a new cybersecurity partnership in the UAE and raised compensation for two top executives. U.S. jobs and inflation data, delayed by a government shutdown, are due next week.
Costco stock price retakes $1,000 — what traders are watching before Monday

Costco stock price retakes $1,000 — what traders are watching before Monday

7 February 2026
Costco closed Friday up 1.2% at $1,001.16, regaining the $1,000 level as about 2.36 million shares changed hands. January net sales rose 9.3% to $21.33 billion, with comparable sales up 7.1% and online sales surging 34.4%. Wells Fargo raised its price target to $950, maintaining a neutral rating. The next earnings call is set for March 5.
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