Why Reddit stock is moving today: RDDT dips in premarket after earnings and a $1 billion buyback

Why Reddit stock is moving today: RDDT dips in premarket after earnings and a $1 billion buyback

Reddit shares fell 1.1% to $151.05 in Friday premarket trading after reporting fourth-quarter revenue up 70% to $726 million and ad revenue up 75% to $690 million. Daily active uniques rose 19% to 121.4 million, with diluted EPS at $1.24. The company forecast first-quarter revenue of $595–$605 million and announced a $1 billion share buyback. Shares rose 4% after-hours following the update.
Stellantis stock dives on €22.2 billion EV reset as dividend gets pulled — what STLA investors watch next

Stellantis stock dives on €22.2 billion EV reset as dividend gets pulled — what STLA investors watch next

Stellantis shares fell as much as 24% in Milan after the company announced €22.2 billion in charges tied to scaling back its electric vehicle plans. The automaker warned of a €19–€21 billion net loss for the second half and said it will skip its 2026 dividend. Trading was briefly halted after the drop. A management call is set for later Friday, with full-year results due Feb. 26.
Roblox stock jumps in premarket after 2026 bookin—gs outlook tops estimates — what to watch at the open

Roblox stock jumps in premarket after 2026 bookin—gs outlook tops estimates — what to watch at the open

Roblox shares surged 15.3% to $69.84 in premarket trading Friday after the company projected 2026 bookings of $8.28 billion to $8.55 billion, topping Wall Street estimates. The company expects 2026 free cash flow up to $1.82 billion and revenue between $6.02 billion and $6.29 billion, but still forecasts a net loss. Roblox will end annual guidance after 2026, shifting to quarterly updates.
Molina Healthcare stock sinks premarket after 2026 outlook miss, Medicare exit plan

Molina Healthcare stock sinks premarket after 2026 outlook miss, Medicare exit plan

Molina Healthcare shares fell 28.8% to $125.91 in premarket trading after the company forecast 2026 adjusted earnings of at least $5.00 per share, far below analysts’ $13.76 estimate. Molina will exit its Medicare Advantage Part D business by 2027 and reported a fourth-quarter adjusted loss of $2.75 per share. The company projects a 92.6% medical care ratio for 2026.
Stellantis’ €22bn EV U-turn: shares plunge, dividends paused, Canada battery JV stake sold for $100

Stellantis’ €22bn EV U-turn: shares plunge, dividends paused, Canada battery JV stake sold for $100

Stellantis recorded a €22.2 billion charge linked to scaling back electric vehicle plans, sending shares down nearly 19% in Milan. The company expects a €19–€21 billion loss for H2 2025 and will skip its 2026 dividend. LG Energy Solution will acquire Stellantis’ 49% stake in Canada’s NextStar Energy JV for $100.
IREN stock price slides again in premarket after Q2 loss as Microsoft GPU deal details land

IREN stock price slides again in premarket after Q2 loss as Microsoft GPU deal details land

IREN shares dropped 11.4% to $39.79 in premarket trading Friday after posting a $155.4 million net loss and $184.7 million in revenue for Q2. The decline follows an 11% slide Thursday as investors scrutinize financing and delivery timelines for a $9.7 billion Microsoft GPU-services contract. IREN reported $2.8 billion in cash and a $1.9 billion customer prepayment as of Jan. 31. Bitcoin fell 7.8% to $65,995 early Friday.
Novo Nordisk stock rebounds as FDA warns on illegal Wegovy copycats

Novo Nordisk stock rebounds as FDA warns on illegal Wegovy copycats

Novo Nordisk shares rose nearly 5% Friday after the FDA said it would target mass-marketed, unapproved drug copies. The move follows Hims & Hers launching a $49 compounded version of Novo’s Wegovy pill, prompting Novo to threaten legal action. The stock remains near its 52-week low after a sharp drop earlier this week. Investors await FDA enforcement and Novo’s next legal steps.
Amazon stock drops in premarket as $200 billion AI capex plan grabs the spotlight

Amazon stock drops in premarket as $200 billion AI capex plan grabs the spotlight

Amazon shares fell 7.7% to $205.60 in premarket trading Friday after a steep drop following earnings. The company plans about $200 billion in capital expenditures for 2026 and forecast first-quarter operating income between $16.5 billion and $21.5 billion. Fourth-quarter net sales reached $213.4 billion, with AWS revenue up 24% to $35.6 billion.
Standard Chartered share price ticks higher as Feb. 24 earnings and dividend call come into focus

Standard Chartered share price ticks higher as Feb. 24 earnings and dividend call come into focus

Standard Chartered shares rose 0.5% to 1,857 pence in early London trading Friday, after JPMorgan raised its price target to 2,170 pence. The bank will release full-year results and decide on a final dividend on Feb. 24. Shares have climbed about 72% over the past year. Investors are watching for guidance on income, costs, and shareholder returns.
Ashtead share price dips in London after fresh buyback filing, eyes turn to delayed US jobs data

Ashtead share price dips in London after fresh buyback filing, eyes turn to delayed US jobs data

Ashtead Group shares slipped 0.5% to 4,857p by 0914 GMT Friday after recent volatility and two days of share buybacks totaling 166,772 shares. The company paid its interim dividend and confirmed plans to shift its primary listing to New York by March 2026. Market focus remains on U.S. economic data and interest rate expectations.
Diageo share price slips as traders eye Feb 25 results and CEO’s next move

Diageo share price slips as traders eye Feb 25 results and CEO’s next move

Diageo shares fell 1.5% to 1,760.5 pence in early London trading Friday, reversing some of this week’s gains. The stock is down about 22% over the past year after a sharp outlook downgrade. Investors await interim results due Feb. 25 for updates on demand and strategy. Trading volumes remained strong, with around 587,000 shares changing hands by 0935 GMT.
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Stock Market Today

Macquarie Group share price slips 2% after APRA eases liquidity curbs — what to watch next week

Macquarie Group share price slips 2% after APRA eases liquidity curbs — what to watch next week

7 February 2026
Macquarie Group shares fell 2.17% to A$207.83 Friday, marking a third straight decline as the ASX 200 slid 2%. Australia’s regulator trimmed liquidity requirements for Macquarie Bank after improvements in controls. Macquarie Asset Management announced two UK utility deals, including full ownership of Last Mile Infrastructure and the purchase of Energy Assets Group. Investors await Tuesday’s operational briefing.
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 07.02.2026

7 February 2026
LIVEMarkets rolling coverageStarted: February 7, 2026, 12:00 AM ESTUpdated: February 7, 2026, 1:04 AM EST Crude Oil Prices Rise on Dollar Weakness, Geopolitical Tensions February 7, 2026, 12:52 AM EST. Crude oil prices edged higher on Friday, supported by a weaker U.S. dollar and escalating geopolitical risks in the Middle East. March WTI crude gained 0.41%, rebounding from early losses, while gasoline prices rose 1.38%. Doubts over a U.S.-Iran nuclear deal loom after reports of Iran's refusal to halt uranium enrichment, raising the risk of military action and potential disruption of vital shipping routes. Additionally, a surge in U.S. consumer
Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
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