PennyMac Financial Services stock slides again as KBW cuts target and MSR runoff stays in focus

PennyMac Financial Services stock slides again as KBW cuts target and MSR runoff stays in focus

PennyMac Financial (PFSI) fell 5.3% to $94.58 Monday after KBW cut its price target to $115 from $143, citing concerns over faster mortgage prepayments and servicing rights runoff. The stock has dropped 38% since Jan. 29. Fourth-quarter net income was $106.8 million, with servicing segment pretax income plunging to $37.3 million. A law firm has launched a probe into the late-January share plunge.
Pfizer stock (PFE) edges up ahead of Feb. 3 earnings as obesity pricing shifts and RSV dispute draw focus

Pfizer stock (PFE) edges up ahead of Feb. 3 earnings as obesity pricing shifts and RSV dispute draw focus

Pfizer shares rose 0.3% to $26.51 ahead of fourth-quarter and full-year 2025 results due Feb. 3. Analysts expect adjusted earnings of 57–58 cents per share on $16.7–16.9 billion revenue. Obesity drug price cuts and a UK ruling against Sanofi in an RSV dispute add pressure. Pfizer projects 2026 revenue of $59.5–62.5 billion, factoring in losses from COVID-19 products and patent expirations.
Coherent (COHR) stock jumps more than 6% — earnings and a Bystronic deal update are in focus

Coherent (COHR) stock jumps more than 6% — earnings and a Bystronic deal update are in focus

Coherent shares jumped over 6% Monday, trading as high as $229.10 after Bystronic confirmed it completed the purchase of Coherent’s Tools for Materials Processing business. The company will report fiscal second-quarter results after markets close Feb. 4. Analysts expect earnings of $1.22 per share on $1.6 billion in revenue. Intraday volatility spiked ahead of the results, with options pricing in a 15% move by Feb. 6.
NIQ Global Intelligence stock sinks after COO exit filing — what investors watch next

NIQ Global Intelligence stock sinks after COO exit filing — what investors watch next

NIQ shares fell 9.9% to $15.31 after the company disclosed COO Tracey Massey’s resignation and said it would not fill the role. The company reaffirmed its 2025 guidance and assigned COO duties to CEO Jim Peck and the leadership team. Massey will remain as an adviser until September 2026. The move comes ahead of NIQ’s next earnings report.
Comstock Resources stock slides nearly 9% as U.S. natural gas futures tumble on warmer forecast shift

Comstock Resources stock slides nearly 9% as U.S. natural gas futures tumble on warmer forecast shift

Comstock Resources shares dropped 9% to $22.16 Monday as U.S. natural gas futures plunged 21.6% after mid-February weather forecasts turned warmer. EQT Corp and CNX Resources also fell. The March gas contract posted its steepest one-day percentage loss since 1996. Comstock will report fourth-quarter results on Feb. 11.
Boston Scientific stock price drops today: BSX slides as investors size up Feb. 4 earnings, Watchman trial date

Boston Scientific stock price drops today: BSX slides as investors size up Feb. 4 earnings, Watchman trial date

Boston Scientific shares fell 1.6% to $92.01 Monday, lagging sector peers as the S&P 500 rose. Investors are watching for the company’s Feb. 4 earnings call and the March 28 release of CHAMPION-AF trial results for its Watchman device. TD Cowen maintained a buy rating, citing potential upside if the trial data proves positive.
VSE Corporation stock dives as $1 billion share-and-unit sale spooks investors

VSE Corporation stock dives as $1 billion share-and-unit sale spooks investors

VSE Corporation shares fell 10.4% to $195.93 after announcing a $1 billion stock-and-unit offering to fund its acquisition of Precision Aviation Group. The company detailed a plan to raise $650 million in common stock and $350 million in tangible equity units, with additional debt financing. SEC filings show PAG posted $472 million in 2024 revenue and $6.8 million net income. Traders focused on dilution risk as the offering terms emerged.
Goldman Sachs stock climbs as Fed chair nominee Warsh and strong factory data steady banks

Goldman Sachs stock climbs as Fed chair nominee Warsh and strong factory data steady banks

Goldman Sachs shares rose 1.3% to $947.36 Monday afternoon as U.S. banks rallied and the S&P 500 neared record highs. The ISM’s manufacturing index hit 52.6 in January, its first expansion in a year. The U.S. jobs report, scheduled for Friday, was delayed due to a partial government shutdown. Lawmakers began debating a bill to end the shutdown, with a House vote set for Tuesday.
Shopify stock swings more than 6% then steadies as Feb. 11 earnings loom

Shopify stock swings more than 6% then steadies as Feb. 11 earnings loom

Shopify shares rose 0.3% to $131.58 Monday afternoon after swinging between $128.31 and $136.60 earlier in the session. About 7.9 million shares traded as investors looked ahead to the company’s Feb. 11 earnings report. Shopify also launched a point-of-sale app update for retail inventory transfers. Broader U.S. stock gains eased pressure on growth stocks.

Stock Market Today

Anglo American share price slips as BofA turns neutral after copper outlook cut

Anglo American share price slips as BofA turns neutral after copper outlook cut

7 February 2026
Anglo American shares closed down 0.75% at 3,435 pence Friday after BofA Global Research downgraded the miner to “neutral” and raised its price target to 3,600 pence. Anglo cut its 2026 copper production guidance and warned of continued weakness at De Beers. The company expects $200 million in charges tied to its Chile copper operations in the second half of 2025.
Amazon’s $200B AI Spending Jolt Spurs Stock Selloff as Big Tech Capex Nears $650B

Amazon’s $200B AI Spending Jolt Spurs Stock Selloff as Big Tech Capex Nears $650B

7 February 2026
Amazon shares fell Friday after the company announced a $200 billion AI infrastructure plan for 2026, exceeding analyst expectations and reviving investor concerns about profitability. Combined 2026 capex flagged by Amazon, Alphabet, Microsoft, and Meta now tops $630 billion. Nvidia, AMD, and Broadcom shares surged on the news, while software and data firms remained under pressure.
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