Procter & Gamble stock near $150 after earnings: JPMorgan upgrade, tariff costs, and the next Fed test

Procter & Gamble stock near $150 after earnings: JPMorgan upgrade, tariff costs, and the next Fed test

Procter & Gamble closed Friday up 0.15% at $150.15 after a 2.65% surge post-earnings. The company reported fiscal Q2 net sales of $22.2 billion, with organic sales flat as higher prices offset a 1% volume drop. JPMorgan upgraded P&G to Overweight, and BofA raised its price target. Investors are watching next week’s Fed meeting and U.S. demand signals.
ICBC (601398) A-share price slips to 7.21 yuan — what China bank investors watch next week

ICBC (601398) A-share price slips to 7.21 yuan — what China bank investors watch next week

ICBC A-shares fell 0.8% to 7.21 yuan Friday, underperforming the Shanghai Composite’s 0.33% gain. Trading volume reached about 377 million shares. China kept benchmark lending rates steady for the eighth month, while Beijing issued 93.6 billion yuan in special bonds for equipment upgrades. Markets reopen Monday with focus on January factory data.
SK hynix stock hits 52-week high: memory-chip squeeze sharpens focus on Jan 29 earnings

SK hynix stock hits 52-week high: memory-chip squeeze sharpens focus on Jan 29 earnings

SK hynix closed Friday at 767,000 won, up 1.6% and reaching a 52-week high as memory chip prices soared. Trading volume hit about 3.5 million shares. Surging demand for AI hardware is driving up costs, but analysts warn that smartphone and PC sales may drop in 2026. SK hynix reports quarterly results Jan. 29.
Alibaba stock slips despite Nvidia H200 headline as traders size up China approval risk

Alibaba stock slips despite Nvidia H200 headline as traders size up China approval risk

Alibaba’s U.S.-listed shares fell 2.2% to $173.23 Friday after reports that Chinese regulators gave “in-principle” approval for tech firms to prepare Nvidia H200 AI chip orders. Uncertainty remains over official policy, with no formal quota set and the H200 still barred at customs. Trading volume reached 13.1 million shares. Investors await guidance from regulators or the company.
Bank of America stock price slips into weekend as Fed meeting and credit-card cap talk loom

Bank of America stock price slips into weekend as Fed meeting and credit-card cap talk loom

Bank of America shares fell 1.4% to $51.72 Friday amid a broader U.S. banking selloff, with 34.6 million shares traded. The KBW Nasdaq Regional Banking Index dropped 3% after First Citizens projected 2026 net interest income below estimates. JPMorgan Chase and Wells Fargo also declined. The Dow lost 0.58%, while the S&P 500 was flat and the Nasdaq rose 0.28%.
Home Depot stock price ends higher into the weekend as Fed decision looms

Home Depot stock price ends higher into the weekend as Fed decision looms

Home Depot shares closed Friday at $383.77, up 0.7%, with about 3.1 million shares traded. U.S. regulators recalled 1.5 million Angry Orange stain removers sold at major outlets, including Home Depot, over bacterial contamination concerns. The Federal Reserve’s Jan. 28 meeting is the next major event for rate-sensitive stocks. Home Depot reports earnings Feb. 24.
Netflix stock jumps 3% into the weekend as Warner bidding war sets up a key February deadline

Netflix stock jumps 3% into the weekend as Warner bidding war sets up a key February deadline

Netflix shares rose 3.1% to $86.12 Friday, reversing earlier losses as investors focused on its bid for Warner Bros Discovery. Co-CEO Greg Peters dismissed Paramount’s rival offer as flawed. An SEC filing showed Netflix increased its bridge loan commitments to $42.2 billion and restructured its deal to offer Warner shareholders $27.75 per share in cash. The stock was little changed after hours.
Oracle stock heads into Monday after Morgan Stanley cuts target, TikTok deal draws heat

Oracle stock heads into Monday after Morgan Stanley cuts target, TikTok deal draws heat

Oracle shares fell 0.6% to $177.16 Friday as investors weighed costs tied to its AI push. Morgan Stanley cut its price target to $213, citing high capital needs and warning of “little room for error.” A new TikTok joint venture would bring Oracle closer to the app’s technology, drawing scrutiny from lawmakers. Oracle raised its 2026 capital spending forecast to $50 billion in December.
ASML stock price: What to watch before Jan. 28 earnings after Intel jolts chip mood

ASML stock price: What to watch before Jan. 28 earnings after Intel jolts chip mood

ASML shares slipped 0.4% to $1,389.04 Friday ahead of its earnings report due Wednesday. The stock tracked a mixed week for chipmakers after Intel plunged 17% on weak forecasts, rattling the sector. Investors are watching ASML’s new order volumes and guidance for 2026 amid shifting chip-factory spending and ongoing trade tensions.

Stock Market Today

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, 12:26 AM EST Dollar Dips as Stocks Rally and US Data Influences Fed Rate Expectations February 7, 2026, 12:18 AM EST. The **dollar index** fell 0.17%, pressured by a rebound in equity markets reducing demand for the safe-haven currency. Weaker-than-expected U.S. labor market data raised the odds of a Fed rate cut to 18% for March, though consumer sentiment improved to a six-month high, limiting losses. Hawkish comments from Atlanta Fed's Raphael Bostic emphasized maintaining restrictive monetary policy. The dollar faces medium-term weakness amid expectations for rate cuts
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.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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