Intel stock swings, then steadies as CEO revives GPU push and SoftBank memory deal stays in focus

Intel stock swings, then steadies as CEO revives GPU push and SoftBank memory deal stays in focus

Intel shares rose 0.6% to $48.89 Thursday afternoon after a volatile session, outperforming much of the U.S. tech sector. CEO Lip-Bu Tan announced plans to develop data-center GPUs, directly challenging Nvidia, and SoftBank’s SAIMEMORY signed a memory tech deal with Intel. CFO David Zinsner sold nearly 60,000 shares on Feb. 2. New Xeon 600 workstation chips will be available in late March.
Shopify stock drops again: AI disruption jitters and Feb. 11 earnings loom for SHOP

Shopify stock drops again: AI disruption jitters and Feb. 11 earnings loom for SHOP

Shopify shares fell 2.1% to $111.59 Thursday, swinging between $108.90 and $115.71 as software stocks faced heavy selling. The S&P 500 software and services index dropped about 3%, with sector losses nearing $1 trillion since Jan. 28. Investors are watching Shopify’s Feb. 11 earnings for signs of AI’s impact on margins. New unemployment claims rose and job openings hit a five-year low.
Snap stock sinks 12% after weak Q1 revenue view — buyback and ad demand in focus

Snap stock sinks 12% after weak Q1 revenue view — buyback and ad demand in focus

Snap shares fell 12% to $5.21 after the company forecast first-quarter revenue below Wall Street estimates. The Snapchat owner reported a surprise profit and approved a $500 million buyback. Fourth-quarter revenue rose 10% to $1.716 billion, with net income at $45 million. Analyst reactions were mixed, with some raising and others cutting price targets.
Verizon stock price edges up after consumer chief steps down — what VZ investors watch next

Verizon stock price edges up after consumer chief steps down — what VZ investors watch next

Verizon shares rose 0.4% to $47.21 Thursday after announcing Sowmyanarayan Sampath, head of its consumer division, will depart by March 31. Alfonso Villanueva was named interim chief. The move follows a major January outage and renewed scrutiny from Washington over telecom security. Investors remain focused on execution in the consumer unit.
P&G stock climbs while Wall Street slides — what’s behind PG’s move and what comes next

P&G stock climbs while Wall Street slides — what’s behind PG’s move and what comes next

Procter & Gamble shares climbed 1.3% to $158.89 Thursday afternoon, bucking a broader market decline driven by tech sector weakness. SEC filings showed insider sales by executives Ma. Fatima Francisco and a proposed sale by Gary A. Coombe. Consumer staples led S&P 500 sector gains, while tech stocks fell on AI spending concerns. Trading volume reached 9.1 million shares.
Dayforce stock price: DAY shares stop trading after $12.3 billion Thoma Bravo buyout — what happens now

Dayforce stock price: DAY shares stop trading after $12.3 billion Thoma Bravo buyout — what happens now

Trading in Dayforce shares was halted after Thoma Bravo completed its $12.3 billion acquisition, taking the company private. Shareholders will receive $70 per share in cash as delisting from the NYSE and Toronto exchanges begins. Options on Dayforce are being removed from U.S. venues, with all open orders canceled by February 4. Dayforce last traded at $69.86 on February 3 with heavy volume.
Adobe stock slides again as AI worries hit software; what ADBE investors watch next

Adobe stock slides again as AI worries hit software; what ADBE investors watch next

Adobe shares fell 3.5% to $270.01 Thursday as software stocks slid, following a downgrade by Piper Sandler and ongoing concerns over AI’s impact on the sector. The S&P 500 software and services index dropped 2.8%, erasing over $950 billion in value since Jan. 28. Investors are watching Adobe’s March 12 earnings call for signs of demand and AI returns.
Coca-Cola stock price rises as Jefferies lifts target ahead of Feb. 10 earnings

Coca-Cola stock price rises as Jefferies lifts target ahead of Feb. 10 earnings

Coca-Cola shares rose 1.7% to $78.65 Thursday, bucking a weaker U.S. market after Jefferies raised its price target to $88 ahead of next week’s earnings. CEO-elect Henrique Braun will take over March 31 as James Quincey becomes executive chairman. Quincey sold 337,824 shares for about $26 million on Feb. 3 under a prearranged plan. Coca-Cola reports fourth-quarter and full-year results Feb. 10.
Credo Technology stock rebounds today as AI-chip jitters ease; what’s next for CRDO

Credo Technology stock rebounds today as AI-chip jitters ease; what’s next for CRDO

Credo Technology shares rose about 2% to $98.96 Thursday afternoon, rebounding after recent losses. A Bank of America note challenged the AI-chip selloff, citing sector bottlenecks. Insider-sale filings and a March earnings report kept traders cautious. Roughly 5.8 million shares traded as Credo’s market cap neared $32.5 billion.
Nvidia stock wobbles as AI spending jitters return — what NVDA traders are watching next

Nvidia stock wobbles as AI spending jitters return — what NVDA traders are watching next

Nvidia shares fell 0.7% to $173.04 Thursday after a sharp tech selloff and fresh concerns over AI chip valuations. Wall Street remains cautious ahead of Nvidia’s Feb. 25 earnings, with investors watching for updates on China licensing and supply. OpenAI is reportedly dissatisfied with some Nvidia chips and may seek alternatives. Talks continue over a possible $20 billion Nvidia investment in OpenAI’s next funding round.
Tapestry stock jumps 11% as Coach’s Tabby handbag demand powers outlook raise

Tapestry stock jumps 11% as Coach’s Tabby handbag demand powers outlook raise

Tapestry shares jumped 11% Thursday after the company raised its full-year outlook, reporting a 14% rise in quarterly sales to $2.50 billion and stronger margins. Coach revenue surged 25% to $2.14 billion on strong demand for Tabby handbags, while Kate Spade sales fell 14%. The company flagged tariff pressures but said price hikes and cost cuts should offset the impact.
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Coca-Cola stock price: Minute Maid frozen exit puts KO in focus before next week’s earnings

7 February 2026
New York, Feb 7, 2026, 05:49 EST — Market closed. Coca-Cola (KO) said it will discontinue its frozen products, including its Minute Maid frozen line, in the U.S. and Canada in the first quarter of 2026. Shares closed Friday up 0.7% at $79.03, after trading between $77.92 and $79.19. (Reuters) With U.S. markets shut for the weekend, the timing is what traders are chewing on. Coca-Cola’s fourth-quarter 2025 earnings call is set for Feb. 10 at 8:30 a.m. ET, ahead of the opening bell, followed by a Consumer Analyst Group of New York (CAGNY) conference slot on Feb. 17 at
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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