Today: 7 February 2026
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Gold price forecast for 2026: $4,746 average eyed after the $5,600 peak — and new margin hikes

Gold price forecast for 2026: $4,746 average eyed after the $5,600 peak — and new margin hikes

CME Group raised margins on COMEX gold futures to 9% from 8% for Non-HRP accounts, its third hike since January 13. Spot gold rose 2.6% to $4,893.59 an ounce by early Friday, after sharp swings that saw prices hit nearly $5,600 last week and $4,403 on Monday. Indian dealers cut premiums to $70 an ounce as buyers paused. Gold’s one-week realised volatility topped 90%.
6 February 2026
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Micron (MU) stock price steadies as Nvidia HBM4 doubts surface — what happens next

Micron (MU) stock price steadies as Nvidia HBM4 doubts surface — what happens next

Micron shares rose 0.5% to $384.86 Friday after Semianalysis said Nvidia is unlikely to order its HBM4 memory. The stock rebounded from a 9% drop earlier in the week, triggered by weak chip demand signals and a broader tech selloff. Investors await Micron’s Wolfe Research conference Feb. 11 for updates on AI memory supply and demand.
6 February 2026
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Dow Jones jumps nearly 700 points after tech rout — but AI spending fears still bite

Dow Jones jumps nearly 700 points after tech rout — but AI spending fears still bite

The Dow jumped 687 points, or 1.41%, to 49,596 in early Friday trading, recovering from a tech-led selloff. Amazon fell nearly 9% after flagging higher AI spending, while Nvidia gained over 5%. Chipmakers and banks led the rebound, but tech stocks continued to weigh on indexes. Investors await next week’s U.S. jobs and inflation reports for signals on rate cuts.
6 February 2026
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Corpay stock edges higher today as CPAY earnings, PayByPhone sale and broker targets keep bulls engaged

Corpay stock edges higher today as CPAY earnings, PayByPhone sale and broker targets keep bulls engaged

Corpay shares rose 1.4% to $339.73 Friday after the company posted fourth-quarter revenue of $1.25 billion, up 21%, and issued strong 2026 guidance. The company plans to sell its PayByPhone unit and now expects 2026 revenue between $5.215 billion and $5.315 billion. Analyst price targets increased following the report. Corpay’s corporate payments division saw a 39% revenue jump to $480.8 million.
6 February 2026
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Kodiak Gas Services stock jumps on $675 million DPS buy as data-center power demand bites

Kodiak Gas Services stock jumps on $675 million DPS buy as data-center power demand bites

Kodiak Gas Services shares rose 4.2% to $49.29 after announcing a $675 million acquisition of Distributed Power Solutions, funded by $575 million in cash and $100 million in stock. The deal, expected to close in early Q2 2026, awaits antitrust approval and hinges on Kodiak maintaining leverage targets. Investors await further details at the Feb. 26 earnings call.
6 February 2026
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Regal Rexnord stock ticks higher after $735 million data-center orders put 2026 outlook in play

Regal Rexnord stock ticks higher after $735 million data-center orders put 2026 outlook in play

Regal Rexnord shares rose 1.4% to $202.75 Friday after posting fourth-quarter adjusted earnings of $2.51 per share and 2026 guidance of $10.20–$11.00 EPS. The company reported $735 million in E-Pod orders tied to data-center power projects, with first shipments expected in 2027. Revenue for the quarter was about $1.52 billion. Management flagged weak residential HVAC demand and uncertainty in converting backlog to revenue.
6 February 2026
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Kulicke & Soffa stock price today: KLIC steadies premarket after 19% earnings jump, Needham lifts target

Kulicke & Soffa stock price today: KLIC steadies premarket after 19% earnings jump, Needham lifts target

Kulicke & Soffa shares rose 0.4% to $66.66 in premarket trading Friday after a 19.3% surge Thursday, following upbeat Q2 revenue guidance of around $230 million. Fiscal Q1 net revenue reached $199.6 million, with utilization rates topping 80% in general semiconductors. Needham raised its price target to $70. The company filed its latest 10-Q on Thursday.
6 February 2026
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Amazon stock price tumbles as $200 billion 2026 capex plan hits AI trade (AMZN)

Amazon stock price tumbles as $200 billion 2026 capex plan hits AI trade (AMZN)

Amazon shares fell 8.8% to $203.15 in early trading Friday after the company announced a $200 billion capital expenditure plan for 2026. Investors reacted to concerns over rising AI and cloud infrastructure costs outpacing cash flow. CEO Andy Jassy cited strong AWS growth, but analysts noted spending was higher than expected. The broader market opened higher, but Amazon’s drop weighed on tech sentiment.
6 February 2026
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Google stock price slips as Alphabet’s AI spending push keeps GOOG in focus

Google stock price slips as Alphabet’s AI spending push keeps GOOG in focus

Alphabet Class C shares fell 0.5% to $331.33 in early Friday trading after the company set 2026 capital spending at up to $185 billion, far above Wall Street estimates. Cloud revenue jumped 48% to $17.7 billion in the December quarter. The board approved a $0.21 per share dividend, payable March 16. Investors remain cautious as Big Tech ramps up AI-related expenses.
6 February 2026
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McKesson stock steadies after post-earnings surge as Wall Street rechecks the playbook

McKesson stock steadies after post-earnings surge as Wall Street rechecks the playbook

McKesson shares slipped 0.1% to $956.71 in early New York trading Friday after a 16.5% surge the previous session. The company raised its fiscal 2026 adjusted earnings guidance to $38.80-$39.20 per share and confirmed plans to spin off its medical-surgical unit with an IPO targeted for late 2027. Fiscal Q3 revenue rose 11% to $106.2 billion.
6 February 2026
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Nvidia stock price drops in early trade as AI capex jitters bite; Feb. 25 earnings loom

Nvidia stock price drops in early trade as AI capex jitters bite; Feb. 25 earnings loom

Nvidia shares fell 1.2% to $171.88 early Friday, trailing a mixed chip sector as tech stocks slid on concerns over soaring AI development costs. Amazon’s 2026 capex could reach $200 billion, far above expectations, fueling debate over whether heavy data-center spending will drive near-term profits. AMD dropped 3.9%, while Broadcom and Taiwan Semiconductor rose. Some Nvidia clients are developing their own chips, raising competitive risks.
6 February 2026
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Stock Market Today

Corning stock price hits record close — what’s driving GLW and the next big test

Corning stock price hits record close — what’s driving GLW and the next big test

7 February 2026
Corning shares jumped 8.3% to a record $122.16 Friday, gaining 11% over two sessions amid strong demand for AI infrastructure stocks. The move follows a $6 billion optical fiber deal with Meta and upgraded company forecasts. Shares traded as high as $122.56 and rose 0.6% after hours. COO Avery Nelson sold 1,894 shares for tax withholding, retaining 66,050.
PepsiCo stock: €2.5 billion bond deal lands as investors size up the price-cut gamble

PepsiCo stock: €2.5 billion bond deal lands as investors size up the price-cut gamble

7 February 2026
PepsiCo priced €2.5 billion in euro notes across four maturities, with settlement set for Feb. 11, according to an SEC filing. The company plans to use proceeds for general corporate purposes, including repaying commercial paper. Shares closed at $170.49 Friday, up 1.8%. PepsiCo is also cutting U.S. snack prices by up to 15% after consumer pushback.
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