Today: 7 February 2026
Subscribe

Gold price rebounds near $5,000 after rout as dollar eases; traders eye Iran talks and Fed data

Gold price rebounds near $5,000 after rout as dollar eases; traders eye Iran talks and Fed data

Gold rebounded Friday, with spot prices up 3.96% to $4,959.28 an ounce by midday as investors bought on a weaker dollar and geopolitical uncertainty. CME Group raised margin requirements for COMEX gold and silver futures, effective after Friday’s close. Spot silver jumped 7.77% to $76.77. Traders are watching U.S.-Iran nuclear talks and delayed U.S. jobs and inflation data due next week.
6 February 2026
···
Bitcoin price rebounds above $70,000 after violent crypto selloff rattles Wall Street

Bitcoin price rebounds above $70,000 after violent crypto selloff rattles Wall Street

Bitcoin jumped nearly 7% to top $70,000 Friday after plunging as much as 12.6% the day before, triggering almost $1 billion in liquidations. Coinbase rose 10% and Strategy surged 23%. Despite the rebound, bitcoin remained on track for its steepest weekly drop since late 2022. U.S. spot bitcoin ETFs saw over $3 billion in net outflows in January, according to Deutsche Bank.
6 February 2026
······
Silver price rebounds after falling below $65 as CME margin hikes add to turmoil

Silver price rebounds after falling below $65 as CME margin hikes add to turmoil

Spot silver jumped 6.3% to $75.70 an ounce Friday after falling below $65, but remains set for a weekly loss of over 10%. CME Group will raise margins on COMEX 5,000-ounce silver futures from 15% to 18% after Friday’s close. China’s only exchange-listed pure-silver fund hit its limit-down for a fifth straight session, still trading nearly 29% above its net asset value.
6 February 2026
······
Amazon stock slides as $200 billion AI spending plan spooks investors

Amazon stock slides as $200 billion AI spending plan spooks investors

Amazon shares fell 6.3% to $208.58 Friday after the company announced $200 billion in 2026 capital spending, up over 50% from last year. The move raised investor concerns about delayed returns from AI investments. Several brokerages cut price targets, citing pressure on free cash flow. The S&P 500 software and services index has lost about $1 trillion in value since January 28.
6 February 2026
·····
Tower Semiconductor stock jumps again on Nvidia 1.6T optics tie-up as earnings loom

Tower Semiconductor stock jumps again on Nvidia 1.6T optics tie-up as earnings loom

Tower Semiconductor shares surged 8.9% to $140.53 Friday after the company disclosed new details on 1.6-terabit optical modules developed with Nvidia for AI data centers. The company withheld production and commercial timelines, leaving revenue impact unclear. Investors await further information in Tower’s Feb. 11 earnings report. Chip stocks broadly rallied, with the Philadelphia SE Semiconductor index up 4.6%.
6 February 2026
·····
McKesson stock falls today after 16% earnings surge as traders reassess guidance and spinoff clock (MCK)

McKesson stock falls today after 16% earnings surge as traders reassess guidance and spinoff clock (MCK)

McKesson shares fell 2.1% to $937.31 Friday, retreating after a 16.5% surge on an upgraded 2026 profit forecast and plans to spin off its medical-surgical division. Quarterly revenue rose 11% to $106.2 billion, with adjusted EPS up 16% to $9.34. The company filed an automatic shelf registration for future securities sales. TD Cowen raised its price target to $1,012, citing strong oncology and prescription-tech results.
6 February 2026
···
Lumentum stock jumps nearly 8% as AI capex wave lifts optics names into the weekend

Lumentum stock jumps nearly 8% as AI capex wave lifts optics names into the weekend

Lumentum Holdings shares surged 8% to $544.68 Friday after reporting fiscal Q2 revenue of $665.5 million and a backlog topping $400 million for optical circuit switches. The company expects Q3 revenue between $780 million and $830 million. Traders cited strong AI-driven demand but flagged risks if cloud customers pause orders. Lumentum will brief investors at the OFC conference on March 17.
6 February 2026
·········
Citigroup stock jumps 6% as report signals endgame for long-running consent orders

Citigroup stock jumps 6% as report signals endgame for long-running consent orders

Citigroup shares jumped 6.2% to $122.88 Friday after reports the bank expects to finish key consent-order tasks by year-end. CEO Jane Fraser said the project is 80% complete, pending regulatory approval. Citi also announced plans to redeem $2.3 billion in Series X preferred stock and will match the U.S. government’s $1,000 “Trump Account” contribution for eligible employees’ families.
6 February 2026
····
Intuit stock rises nearly 2% as ChatGPT apps go live — what INTU investors watch next

Intuit stock rises nearly 2% as ChatGPT apps go live — what INTU investors watch next

Intuit shares rose nearly 2% to $443.45 Friday afternoon after touching $447.92, rebounding with tech stocks following a steep AI-driven selloff. The company announced its apps are now available inside ChatGPT, stressing user data privacy. Investors await Intuit’s quarterly results and outlook on Feb. 26. The S&P 500 software and services index remains down about 13% for the week.
6 February 2026
·····
1 … 13 14 15 16 17 … 2,709

Stock Market Today

ST Engineering stock price drops 2% to S$9.71 as drone-autonomy tie-up grabs attention

ST Engineering stock price drops 2% to S$9.71 as drone-autonomy tie-up grabs attention

7 February 2026
ST Engineering shares fell 1.9% to S$9.71 Friday, outpacing the Singapore market’s 0.8% drop amid a tech-led selloff. The company signed a deal with Shield AI at the Singapore Airshow to integrate autonomy software into its unmanned platforms and unveiled a small drone capable of carrying explosives. About 6.9 million shares traded as investors await full-year results on Feb. 27.
Go toTop