Big Tech’s data-center power bill fight: Warren presses Google as PJM auction plans grow

Big Tech’s data-center power bill fight: Warren presses Google as PJM auction plans grow

Senators led by Elizabeth Warren said Big Tech firms pledged to pay more for data-center electricity but withheld key details on rates and contracts. Trump called on companies to “pay their own way” as PJM weighs an emergency auction for new power supply. FERC signaled it is ready to act quickly on related filings. Google and Microsoft said they cover their own infrastructure costs but cited confidentiality concerns.
Coca-Cola stock price ends week higher; KO heads into Fed week with earnings on deck

Coca-Cola stock price ends week higher; KO heads into Fed week with earnings on deck

Coca-Cola shares rose 1.4% to $72.88 on Friday, outperforming a flat S&P 500 as investors awaited next week’s Federal Reserve decision. The Dow fell 0.58%, with Intel dropping sharply on a weak forecast. Coca-Cola will report earnings Feb. 10 and present at CAGNY on Feb. 17. Markets reopen Monday with attention on the Fed’s Jan. 28 policy announcement.
Microsoft stock jumped Friday — what investors watch before MSFT earnings next week

Microsoft stock jumped Friday — what investors watch before MSFT earnings next week

Microsoft shares rose 3.3% to $465.95 Friday, lifting its market cap near $3.85 trillion after a volatile week. Analysts trimmed price targets ahead of Microsoft’s Jan. 28 earnings, citing sector de-rating. Microsoft restored 365 services after outages and reported 40% growth in Azure and cloud revenue last quarter. Investors await next week’s results for updates on AI spending and cloud demand.
Sarepta stock eyes a Monday swing as Elevidys 3-year EMBARK data gets a date

Sarepta stock eyes a Monday swing as Elevidys 3-year EMBARK data gets a date

Sarepta shares rose about 5% in after-hours trading Friday after the company announced it will release three-year Phase 3 data for its Duchenne gene therapy, Elevidys, on Jan. 26. The update follows recent FDA restrictions and safety warnings after deaths in non-ambulatory patients. Investors are watching for data on durability and safety. Sarepta will hold a webcast Monday morning to present the results.
GlobalFoundries (GFS) stock price slides nearly 5% into weekend as chip trade turns jumpy

GlobalFoundries (GFS) stock price slides nearly 5% into weekend as chip trade turns jumpy

GlobalFoundries shares fell 4.8% to $42.85 Friday, following a volatile week for chip stocks and a 17% plunge in Intel. About 4.3 million GFS shares changed hands as investors reacted to weak forecasts and rising supply chain costs. GlobalFoundries will report quarterly results on Feb. 11. The company recently agreed to buy Synopsys’ ARC Processor IP business, with the deal expected to close in the second half of 2026.
Alaska Air stock pops on earnings beat — here’s what matters before Monday’s open

Alaska Air stock pops on earnings beat — here’s what matters before Monday’s open

Alaska Air Group shares rose 4.1% to $50.87 Friday after the airline beat quarterly profit estimates. The company projected a first-quarter adjusted loss of 50 cents to $1.50 per share and full-year earnings of $3.50 to $6.50 per share, below analyst expectations. Fourth-quarter revenue reached $3.6 billion. Alaska completed two major steps in its Hawaiian Airlines integration.

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Broadcom Stock Gets a Google AI Spend Lift as Jefferies Sees 60% Upside

Broadcom Stock Gets a Google AI Spend Lift as Jefferies Sees 60% Upside

7 February 2026
Google raised its 2026 capital expenditure forecast to $175 billion–$185 billion, with most spending expected on data-center chips. Broadcom shares rose about 2% after the announcement, while Nvidia and AMD slipped. Jefferies reiterated a buy rating on Broadcom, maintaining a $500 price target, implying a 62% upside from Wednesday’s close.
No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

7 February 2026
The IRS has not announced new federal stimulus payments for February 2026, and Congress has not approved fresh checks. Trump told NBC he is considering $2,000 tariff rebate checks but has not committed, saying any payout would likely come later in 2026. The IRS warns taxpayers to ignore texts and emails about “stimulus payments” and verify notices through official channels.
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