AMAT stock pops on Mizuho upgrade as Applied Materials gets a $370 target

AMAT stock pops on Mizuho upgrade as Applied Materials gets a $370 target

Applied Materials shares rose 1.1% to $336.21 by midday after Mizuho upgraded the stock and raised its price target to $370, citing higher chip-factory tool spending. Mizuho expects wafer fab equipment growth of 13% in 2026, but predicts Applied’s China revenue will fall about 4%. Investors await the company’s Feb. 12 earnings for updates on orders and outlook.
Eli Lilly stock drops today: LLY slides after $1.12 billion gene-editing deal and Medicare pricing signal

Eli Lilly stock drops today: LLY slides after $1.12 billion gene-editing deal and Medicare pricing signal

Eli Lilly shares fell 2.4% to $1,015.05 Wednesday after the company announced a gene-editing deal with Seamless Therapeutics worth up to $1.12 billion. The U.S. government included Lilly’s Trulicity in the next round of Medicare drug-price negotiations, raising pricing concerns. Obesity drug rivals increased ad spending, intensifying competition.
Seagate stock jumps 21% after forecast beat as AI storage demand tightens

Seagate stock jumps 21% after forecast beat as AI storage demand tightens

Seagate Technology Holdings surged 21% to $448.79 after beating quarterly estimates and raising its outlook above Wall Street forecasts. The rally lifted storage peers and pushed the S&P 500 above 7,000. Seagate projected third-quarter revenue of about $2.9 billion and adjusted EPS of $3.40, both ahead of analyst expectations. Investors await further storage sector earnings Thursday.
Lam Research stock price wobbles ahead of earnings as Wall Street braces for a big move

Lam Research stock price wobbles ahead of earnings as Wall Street braces for a big move

Lam Research shares fell 0.1% to $238.15 by midday, nearing session lows ahead of its quarterly earnings due after the close. Options traders expect a swing of about 7.9% in either direction following results. Analysts forecast earnings of $1.17 per share on $5.24 billion revenue. Mizuho raised its price target to $265, citing accelerating wafer fab equipment spending.
Corning stock slides as traders digest Q1 outlook and Meta’s $6 billion fiber deal

Corning stock slides as traders digest Q1 outlook and Meta’s $6 billion fiber deal

Corning shares fell 3.2% to $106.18 by late morning Wednesday after volatile trading. The company reported fourth-quarter core sales up 14% to $4.41 billion and expects first-quarter core sales of $4.2–$4.3 billion, above estimates. Corning and Meta announced a U.S. data-center supply deal worth up to $6 billion, driving expansion in North Carolina.
Amphenol stock price slides 11% after record results; investors wait on CCS details

Amphenol stock price slides 11% after record results; investors wait on CCS details

Amphenol shares fell 11% to $147.69 Wednesday despite reporting record Q4 sales of $6.4 billion and raising its Q1 outlook. The stock dropped $18.56 from its prior close, with 16.4 million shares traded. Investors focused on margins and IT datacom demand as the company integrates its CommScope CCS acquisition. Executives will address questions at a 1 p.m. ET call.
GE Vernova stock wobbles after earnings as GEV lifts 2026 forecast but flags Vineyard Wind hit

GE Vernova stock wobbles after earnings as GEV lifts 2026 forecast but flags Vineyard Wind hit

GE Vernova raised its 2026 revenue forecast to $44–$45 billion and reported a $150 billion backlog, sending shares up 0.4% to $695.58 Wednesday. The company warned its wind division could lose $250 million in revenue this year due to Vineyard Wind delays. Fourth-quarter orders jumped 65% to $22.2 billion. GE Vernova’s acquisition of Prolec GE is set to close February 2.
Netflix stock price slips as Senate sets Feb. 3 hearing on Warner deal, NFLX traders eye next catalysts

Netflix stock price slips as Senate sets Feb. 3 hearing on Warner deal, NFLX traders eye next catalysts

Netflix shares fell 0.8% to $84.92 as the Senate Judiciary antitrust subcommittee set a Feb. 3 hearing on Netflix’s $83 billion bid for Warner Bros Discovery assets. Senator Mike Lee warned the deal could sideline a competitor and pressed both firms on data safeguards. Warner Bros Discovery shares slipped 0.3%. The S&P 500 rose 0.3%, passing 7,000.
JPMorgan stock price holds near $300 as bank backs $1,000 ‘Trump Accounts’ match and traders eye the Fed

JPMorgan stock price holds near $300 as bank backs $1,000 ‘Trump Accounts’ match and traders eye the Fed

JPMorgan Chase shares were little changed Wednesday after the bank said it will match the U.S. government’s $1,000 “Trump Account” contributions for employees’ children. Bank of America will also match the benefit, according to an internal memo. Investors focused on the Federal Reserve’s rate decision, with bank stocks mostly flat. JPMorgan’s average loans rose 9% last quarter.
AT&T stock price jumps on 2026 outlook as fiber, spectrum deals come into focus

AT&T stock price jumps on 2026 outlook as fiber, spectrum deals come into focus

AT&T shares rose 4.7% to $24.08 in early New York trading Wednesday after the company raised profit and cash-flow forecasts through 2028. The carrier now targets over $18 billion in free cash flow by 2026 and annual capital spending of $23–$24 billion. Fourth-quarter revenue reached $33.5 billion, with adjusted EPS at $0.52. AT&T added 421,000 postpaid phone subscribers and 283,000 fiber net additions.
Bradesco stock price hovers near a 52-week high as Brazil rate decision nears, earnings next week

Bradesco stock price hovers near a 52-week high as Brazil rate decision nears, earnings next week

Banco Bradesco’s U.S.-listed shares edged up 0.1% Wednesday, hovering near a 52-week high as investors awaited Brazil’s central bank rate decision. January inflation hit 4.5%, matching the top of the target range, prompting traders to expect rates to hold steady. Bradesco will report fourth-quarter results Feb. 5. The bank renewed its agreement with payments firm Cielo.
UnitedHealth (UNH) stock rebounds after rout — what investors watch next on Medicare Advantage rates

UnitedHealth (UNH) stock rebounds after rout — what investors watch next on Medicare Advantage rates

UnitedHealth shares rose about 3% Wednesday after plunging nearly 20% Tuesday on a weak 2026 revenue forecast and a minimal 2027 Medicare Advantage payment update. The U.S. proposed a 0.09% hike in 2027 payments, far below market expectations. Investors await the final Medicare Advantage rate announcement in early April. Peers like Elevance Health also warned of ongoing cost pressures.
28 January 2026
Kenvue stock price dips as KVUE dividend set and Kimberly-Clark vote nears

Kenvue stock price dips as KVUE dividend set and Kimberly-Clark vote nears

Kenvue shares fell 0.3% to $17.44 Wednesday as investors awaited a Jan. 29 shareholder vote on Kimberly-Clark’s takeover bid. Kenvue declared a $0.2075 quarterly dividend, payable Feb. 25. The merger would give Kenvue holders 0.14625 Kimberly-Clark shares plus $3.50 cash per share. Kenvue and its board face shareholder lawsuits seeking more merger disclosures.
Pfizer stock dips after Xeljanz lands on Medicare price-talk list, with earnings looming

Pfizer stock dips after Xeljanz lands on Medicare price-talk list, with earnings looming

Pfizer shares fell 1.7% to $26.06 after CMS selected its arthritis drug Xeljanz for Medicare price negotiations, with new prices set for 2028. Xeljanz accounted for about $1.01 billion in Medicare spending in the latest period. Investors await Pfizer’s Feb. 3 quarterly results and a Feb. 28 CMS deadline for drugmakers to sign participation agreements.
Oracle stock price today: ORCL edges higher as TikTok outage and new cloud wins grab focus

Oracle stock price today: ORCL edges higher as TikTok outage and new cloud wins grab focus

Oracle shares rose 0.5% to $175.76 Wednesday morning after a 4.1% drop Tuesday. The company blamed a weekend TikTok outage on a weather-related power failure at a data center. California Governor Gavin Newsom said his office is reviewing TikTok’s moderation after the incident. Oracle also announced new cloud deals in Saudi Arabia and a planned cloud region in Kenya.

Stock Market Today

Dow Jones breaks 50,000 for the first time — here’s what Wall Street watches next

Dow Jones breaks 50,000 for the first time — here’s what Wall Street watches next

7 February 2026
New York, February 7, 2026, 12:04 EST — Market closed. The Dow Jones Industrial Average closed above 50,000 for the first time on Friday, jumping 1,206.95 points, or 2.47%, to finish at 50,115.67. Caterpillar’s 7.1% rise gave the biggest lift as the price-weighted index stayed ahead of Wall Street’s broader gauges this year. “The Dow is kind of the people’s index,” Chuck Carlson, chief executive officer at Horizon Investment Services, said. (Reuters) The milestone landing came after a bruising stretch for software and data-services stocks, where investors have been repricing the risk that fast-improving AI tools can squeeze margins or
Bitcoin price wobbles below $69,000 on weekend — what matters before Monday’s reopen

Bitcoin price wobbles below $69,000 on weekend — what matters before Monday’s reopen

7 February 2026
Bitcoin fell 1.1% to $68,917 Saturday after volatile trading, while Ether held near $2,036. U.S. spot bitcoin ETFs saw $330.7 million in net inflows on Feb. 6, reversing outflows the previous day. Strategy shares rebounded after hitting a low of $111.27 Thursday. Traders are watching Monday’s U.S. market open and the upcoming inflation report for direction.
XRP price today slips near $1.42 as thin weekend liquidity keeps traders on edge

XRP price today slips near $1.42 as thin weekend liquidity keeps traders on edge

7 February 2026
XRP fell about 5% Saturday to $1.42, extending a 22% weekly drop as thin liquidity and macro jitters drove sharp swings. Bitcoin rebounded above $70,000 after a brief plunge, while ether surged 12%. Ripple outlined plans for an “Institutional DeFi” roadmap, including a new lending protocol and permissioned DEX. The Federal Reserve held rates steady last week, with officials signaling caution on inflation.
Home Depot stock price: jobs, inflation and a Feb. 24 earnings test loom

Home Depot stock price: jobs, inflation and a Feb. 24 earnings test loom

7 February 2026
Home Depot shares rose 0.7% to $385.15 Friday, trading between $379.10 and $386.37. Investors await a delayed U.S. jobs report Wednesday and CPI data Friday, both postponed by a brief government shutdown. Home Depot reports fourth-quarter earnings Feb. 24. The Dow closed above 50,000 for the first time.
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