Coinbase stock slides nearly 6% as bitcoin dips under $85,000; Washington crypto talks loom

Coinbase stock slides nearly 6% as bitcoin dips under $85,000; Washington crypto talks loom

Coinbase shares fell 5.7% to $197.50 Thursday after bitcoin dropped below $85,000, pulling down other crypto-related stocks. The selloff came as Washington prepares for a White House meeting on stablecoin rewards, with regulatory uncertainty weighing on sentiment. Investors are watching Coinbase’s Feb. 12 earnings call for updates on trading volumes and revenue.
KLA stock price rises today as KLAC earnings loom after the bell

KLA stock price rises today as KLAC earnings loom after the bell

KLA Corp shares rose $28.33, or 1.7%, to $1,655.53 by early afternoon Thursday, with 562,000 shares traded. Investors are watching for KLA’s fiscal Q2 earnings after the close, with forecasts at $8.79 per share on $3.24 billion revenue. Chip-equipment stocks moved after Lam Research beat estimates and issued strong guidance. KLA’s conference call is set for 2:00 p.m. PT.
Bank of America stock price today: BAC outperforms as Fed pause sharpens rate bets

Bank of America stock price today: BAC outperforms as Fed pause sharpens rate bets

Bank of America shares climbed 1.9% to $52.78 Thursday, outperforming as the Federal Reserve held rates steady and signaled patience on cuts. Wells Fargo and JPMorgan also gained. Bank of America and Wells Fargo will match the government’s proposed $1,000 “Trump Account” contribution for eligible employees’ families, according to internal memos. Key U.S. inflation and jobs data are due in early February.
Allegro MicroSystems stock jumps on Q3 beat as traders chase the next catalyst

Allegro MicroSystems stock jumps on Q3 beat as traders chase the next catalyst

Allegro MicroSystems shares jumped 8.5% to $37.50 Thursday after reporting a 29% year-over-year rise in quarterly sales to $229.2 million and issuing strong March-quarter guidance. The stock outperformed the semiconductor sector, with rivals ON Semiconductor and NXP Semiconductors each down about 4%. Allegro forecast fourth-quarter sales of $230–$240 million and non-GAAP EPS of $0.14–$0.18.
Liberty Energy stock price jumps nearly 20% after Q4 results and data-center power push

Liberty Energy stock price jumps nearly 20% after Q4 results and data-center power push

Liberty Energy shares surged nearly 20% Thursday after the company reported fourth-quarter revenue of $1.0 billion and net income of $14 million, beating analyst expectations. Liberty raised its quarterly dividend by 13% to 9 cents a share and announced plans to deploy 3 GW of power projects by 2029. The company’s results contrasted with sector peers, who saw smaller gains.
Corning (GLW) stock slips as Meta deal rally cools; traders hunt the next catalyst

Corning (GLW) stock slips as Meta deal rally cools; traders hunt the next catalyst

Corning shares fell 2% to $102.18 by midday Thursday after sharp swings earlier in the week. The stock surged to $113.99 Tuesday following a supply deal with Meta Platforms worth up to $6 billion, then slid 5% Wednesday. Corning reported Q4 core sales of $4.41 billion, up 14% year-over-year, and forecast Q1 core sales above analyst estimates. Investors are watching for details on Meta order timing and margins.
Southwest Airlines stock jumps nearly 15% as overhaul bets lift LUV shares

Southwest Airlines stock jumps nearly 15% as overhaul bets lift LUV shares

Southwest Airlines shares jumped nearly 15% to $46.95 midday Thursday after the company projected at least $4.00 adjusted EPS for 2026 and announced new bag fees and seat upgrades. Executives reported strong early customer feedback but said more booking data is needed before finalizing forecasts. Franklin Resources disclosed a 7.8% stake as of Dec. 31. Wall Street had expected $3.19 per share in 2026, according to LSEG.
Modine stock jumps nearly 19% as $1 billion Gentherm tie-up sharpens data center cooling focus

Modine stock jumps nearly 19% as $1 billion Gentherm tie-up sharpens data center cooling focus

Modine shares rose 18.6% to $174.15 after announcing a $1 billion deal to spin off its Performance Technologies unit and merge it with Gentherm in a Reverse Morris Trust. Modine will receive $210 million in cash and its shareholders about 40% of the combined company. The deal is expected to close in late 2026, pending approvals. Gentherm shares were little changed.
AT&T stock price rises as upbeat 2026 outlook and buyback plan sink in

AT&T stock price rises as upbeat 2026 outlook and buyback plan sink in

AT&T shares rose 2.9% to $24.76 by midday Thursday after the company raised its profit and cash flow outlook through 2028. AT&T reported fourth-quarter revenue of $33.5 billion and said it plans over $45 billion in shareholder returns from 2026 to 2028, including $8 billion in buybacks in 2026. The company added 421,000 postpaid phone subscribers last quarter.
Salesforce stock dives as software selloff deepens on AI disruption fears — what investors watch next

Salesforce stock dives as software selloff deepens on AI disruption fears — what investors watch next

Salesforce shares fell 6.5% to $213.12 Thursday amid a broad software selloff after weak results from SAP and ServiceNow. The S&P 500 Software and Services index dropped 8.7%, hitting a nine-month low. Investors cited concerns over Big Tech’s AI spending and slower cloud growth. SAP and ServiceNow both issued forecasts that failed to lift sector sentiment.

Stock Market Today

Northern Star Resources share price dips into weekend as $50m Central Tanami deal closes

Northern Star Resources share price dips into weekend as $50m Central Tanami deal closes

7 February 2026
Northern Star Resources fell 1.7% to A$26.77 Friday, extending losses as gold miners and the broader market declined. MGX Resources completed its A$50 million purchase of a 50% stake in the Central Tanami Gold Project from Northern Star. The All Ordinaries Gold index dropped 3.24%. CME Group raised COMEX gold futures margin requirements to 9% amid volatility.
PLS Group share price slips into weekend as Morgan Stanley and MUFG filings land

PLS Group share price slips into weekend as Morgan Stanley and MUFG filings land

7 February 2026
PLS Group shares closed at A$4.12 Friday, down 1.2% after a 3.7% drop Thursday. Morgan Stanley and Mitsubishi UFJ Financial Group disclosed increased voting power in the lithium miner, both citing changes dated Feb. 2. The moves came as lithium prices fell and Australian equities posted their sharpest drop in months. PLS reports interim results Feb. 19.
Commonwealth Bank share price near A$159 as CBA earnings, dividend week looms after ASX rout

Commonwealth Bank share price near A$159 as CBA earnings, dividend week looms after ASX rout

7 February 2026
Commonwealth Bank of Australia shares closed at A$158.91, down 0.23% Friday, as the S&P/ASX 200 fell 2.03% and nearly A$70 billion was wiped from the market. The bank reports half-year results and an interim dividend on Feb. 11, with shares going ex-dividend Feb. 18. CBA flagged a A$68 million provision linked to ASIC’s Better Banking review. The RBA raised rates to 3.85% on Feb. 3, with CBA passing on the increase from Feb. 13.
Go toTop