Silver price near $116 after a $121 spike; traders size up Fed pause and Friday data

Silver price near $116 after a $121 spike; traders size up Fed pause and Friday data

Spot silver fell 0.5% to $115.93 an ounce late Thursday after swinging between $106.80 and $121.76, Kitco data showed. The iShares Silver Trust ended flat at $105.57. The dollar weakened against major currencies as traders awaited U.S. inflation data due Friday. Weekly U.S. jobless claims edged down to 209,000, leaving rate outlooks uncertain.
Western Digital stock whipsaws after earnings as Seagate effect keeps AI storage trade in focus

Western Digital stock whipsaws after earnings as Seagate effect keeps AI storage trade in focus

Western Digital reported a 25% rise in quarterly revenue and forecast fiscal Q3 sales near $3.2 billion, citing strong demand for high-capacity hard drives in data centers. Adjusted earnings reached $2.13 per share, with free cash flow at $653 million. Shares slipped 0.5% after hours, despite climbing 15.6% over the past week. The company announced a 12.5-cent dividend, payable March 18.
Visa crushes earnings estimates on holiday spending — but the stock still slips after hours

Visa crushes earnings estimates on holiday spending — but the stock still slips after hours

Visa reported adjusted earnings of $3.17 per share and revenue of $10.9 billion for its fiscal first quarter, both above analyst estimates. Payments volume rose 8% in constant dollars, while cross-border transactions increased 12%. Shares fell about 1.4% in after-hours trading. Operating expenses jumped 27%, driven by a $707 million litigation reserve.
Robinhood puts money into Talos at a $1.5 billion valuation as crypto trading plumbing draws fresh backers

Robinhood puts money into Talos at a $1.5 billion valuation as crypto trading plumbing draws fresh backers

Robinhood joined a $45 million Series B extension for crypto trading tech firm Talos, raising Talos’s total Series B funding to $150 million and valuing the company at about $1.5 billion. Talos said stablecoins were used to settle part of the transaction. The firm reported nearly doubling revenue and client numbers annually for the past two years.
Apple Earnings Blow Past Forecasts as iPhone Sales Hit Record in $143.8 Billion Quarter

Apple Earnings Blow Past Forecasts as iPhone Sales Hit Record in $143.8 Billion Quarter

Apple reported record quarterly revenue of $143.8 billion and net income of $42.1 billion, driven by iPhone sales of $85.3 billion and Services revenue of $30.0 billion. The company’s installed base surpassed 2.5 billion devices. Shares rose 0.6% in late trading before results, though the stock remains down about 10% from December highs. Mac and Wearables revenue both declined year over year.
SanDisk stock jumps after blowout earnings as AI data-center demand lifts outlook

SanDisk stock jumps after blowout earnings as AI data-center demand lifts outlook

Sandisk posted Q2 revenue of $3.03 billion, up 61% year-over-year, with adjusted earnings per share of $6.20. Datacenter revenue jumped 64% from the previous quarter. Shares rose nearly 16% after hours, following a 2.7% gain at the close. The company forecasts Q3 revenue between $4.40 billion and $4.80 billion.
Amazon stock slips after report of a mega OpenAI check — what AMZN investors watch next

Amazon stock slips after report of a mega OpenAI check — what AMZN investors watch next

Amazon shares closed down 0.5% at $241.74 Thursday as reports surfaced of multibillion-dollar investment talks with OpenAI. The company confirmed plans to cut 16,000 corporate jobs, about 10% of its white-collar workforce. CEO Andy Jassy is reportedly leading negotiations with OpenAI’s Sam Altman. Neither company has commented publicly on the potential deal.
Apple stock price today: AAPL ticks up after Q.ai AI buy as earnings loom

Apple stock price today: AAPL ticks up after Q.ai AI buy as earnings loom

Apple shares rose 0.6% to $258.19 in after-hours trading Thursday, ahead of its quarterly earnings release. The company confirmed its acquisition of Israeli audio AI startup Q.ai, with about 100 employees joining Apple. Options pricing signaled traders expect a 4% move following results. Analysts project record revenue and a 13.8% jump in iPhone sales for the holiday quarter.
Micron (MU) stock steadies after-hours as DRAM shortage warnings flare; Apple earnings next

Micron (MU) stock steadies after-hours as DRAM shortage warnings flare; Apple earnings next

Micron shares rose 0.2% to $435.96 in after-hours trading after Samsung and SK Hynix warned of tightening DRAM supply as production shifts to AI-focused HBM chips. The stock swung nearly $29 during the session on volume of 38.9 million shares. Apple will report earnings after the bell, with investors watching for updates on device demand and component costs.
Nvidia stock price in focus as CEO flags China H200 licence; OpenAI funding talks swirl

Nvidia stock price in focus as CEO flags China H200 licence; OpenAI funding talks swirl

Nvidia shares rose 0.2% to $191.94 in after-hours trading as CEO Jensen Huang said the H200 chip license for China is being finalized. Huang noted Nvidia needs orders before coordinating with TSMC, citing tight packaging capacity. Reuters reported ByteDance, Alibaba, and Tencent received approval to buy over 400,000 H200 chips, but actual orders have lagged due to deal conditions.
Tesla stock drops as Musk’s $20 billion robotaxi spending push takes over

Tesla stock drops as Musk’s $20 billion robotaxi spending push takes over

Tesla shares fell 3.7% to $415.6 Thursday after the company announced 2026 capital spending will exceed $20 billion, focusing on robotaxis and robots. Fourth-quarter revenue dropped 3% to $24.9 billion, with net income plunging 61% to $840 million. Investors cited concerns over cash burn and regulatory hurdles for “no wheel, no pedals” vehicles. Tesla confirmed Cybercab production remains on track for this year.
Microsoft stock plunges as AI spending bill and Azure outlook unsettle investors

Microsoft stock plunges as AI spending bill and Azure outlook unsettle investors

Microsoft shares fell 11% in after-hours trading Thursday, closing near $428.68 after a record $37.5 billion in quarterly capital spending and warnings of cloud-margin pressure. The stock drop followed 17% revenue growth and a 39% jump in Azure sales, but investors focused on rising costs and supply limits for AI chips. Analysts are expected to revise Azure forecasts ahead of Friday’s session.

Stock Market Today

Blackstone (BX) stock price rebounds after Sabre deal as jobs, CPI loom next week

7 February 2026
New York, February 6, 2026, 21:13 EST — Market closed. Blackstone Inc. (BX) shares closed up 2.25% at $129.69 on Friday, after a sharp drop the day before and a bruising week for the sector. The stock was last at $129.65 in late after-hours trading. (StockAnalysis) The swing matters because Blackstone sits in the crosshairs of a wider rethink of private-market managers. Investors have been quick to punish anything tied to leverage, credit risk and tech exposure, then just as quick to buy back when rates and risk appetite settle. That push-pull has been driven in part by an AI-linked
Verizon stock price snaps 7-day run as consumer chief exit sharpens focus on turnaround

Verizon stock price snaps 7-day run as consumer chief exit sharpens focus on turnaround

7 February 2026
Verizon shares fell 1.7% to $46.31 Friday, ending a seven-session rally and closing about 2.7% below Thursday’s one-year high. The dip follows news that consumer chief Sowmyanarayan Sampath will step down, with Alfonso Villanueva named interim head. Verizon has climbed 16% since January 29 amid strong subscriber growth and a $25 billion buyback plan.
Cisco stock jumps 3% near $85 as UBS sticks with Buy ahead of Feb. 11 earnings

Cisco stock jumps 3% near $85 as UBS sticks with Buy ahead of Feb. 11 earnings

7 February 2026
Cisco shares rose 3% to $84.82 Friday, nearing $85 ahead of fiscal Q2 results due Feb. 11. UBS maintained a Buy rating and $90 target, citing strong product order growth and data-center demand. Investors are watching AI-related spending and U.S. economic data that could affect rates. Peers Fortinet, CrowdStrike, and Palo Alto Networks also gained.
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