Costco stock nears $1,000 after January sales jump and online comps spike 34%

Costco stock nears $1,000 after January sales jump and online comps spike 34%

Costco shares rose nearly 2% to $997.17 Thursday after January net sales jumped 9.3% to $21.33 billion, fueled by a 34.4% surge in digitally-enabled comparable sales. The company will report quarterly earnings and February sales on March 5. Some analysts remain cautious, citing weak traffic and possible storm-driven e-commerce gains. Costco operates 924 warehouses worldwide.
QQQ Slides Again as Alphabet’s $185B AI Spend Plan Stirs Nasdaq-100 ETF Jitters

QQQ Slides Again as Alphabet’s $185B AI Spend Plan Stirs Nasdaq-100 ETF Jitters

Invesco’s Nasdaq-100 ETF QQQ fell about 1.6% Thursday morning, extending losses after Alphabet projected 2026 capital spending of up to $185 billion. Portfolio managers cited concerns over high tech valuations and AI-driven disruption, prompting investors to cut risk. Trading volume in QQQ rose above recent averages, with the ETF last seen near $605.75.
CoreWeave stock slides again: CRWV drops after new ARENA AI lab launch

CoreWeave stock slides again: CRWV drops after new ARENA AI lab launch

CoreWeave shares fell 4.8% to $78.47 by late morning Thursday, extending an 8.4% drop from the previous day. The company launched CoreWeave ARENA, a platform for testing AI workloads at production scale. Trading volume rose as investors looked for signs the new product could stabilize revenue. The stock has lost about 13% over two sessions.
Ethereum cracks $2,000 as Fed fears deepen crypto sell-off

Ethereum cracks $2,000 as Fed fears deepen crypto sell-off

Ether fell below $2,000 on Thursday, dropping about 9% to $1,946.65 after Donald Trump named Kevin Warsh as his pick for Fed chair. Bitcoin slid 9.5% to near $67,029. Analysts cited heavy liquidations and over $800 million in outflows from U.S.-listed bitcoin ETFs in two days. The global crypto market has lost nearly $1.9 trillion since early October, according to CoinGecko.
Coherent stock price whipsaws after earnings: COHR slides as outlook, trade risks come into focus

Coherent stock price whipsaws after earnings: COHR slides as outlook, trade risks come into focus

Coherent shares fell 3.9% to $202.69 in late morning New York trading Thursday after posting fiscal Q2 revenue of $1.69 billion, up 17% from last year. The company expects Q3 revenue between $1.70 billion and $1.84 billion, with non-GAAP EPS forecast at $1.28 to $1.48. Trading volume topped 5.8 million shares after a volatile open. Shares were briefly halted for volatility at 09:38 a.m. ET.
Western Digital stock slides again: $4B buyback, AI-storage roadmap keep WDC volatile

Western Digital stock slides again: $4B buyback, AI-storage roadmap keep WDC volatile

Western Digital shares dropped 2.5% to $262.68 Thursday morning after a 7% fall the previous day. The company announced a new $4 billion share buyback and unveiled hard drives over 100 terabytes for AI data centers. CEO Irving Tan sold 20,000 shares for about $5.1 million under a preset plan, according to an SEC filing. Trading volume spiked to 14.7 million shares, far above the 50-day average.
Tapestry stock jumps after Coach Tabby handbag demand drives earnings beat, outlook hike

Tapestry stock jumps after Coach Tabby handbag demand drives earnings beat, outlook hike

Tapestry Inc shares rose 3.8% to $134.87 after reporting a 14% jump in quarterly sales to $2.50 billion and raising its full-year outlook. Coach revenue surged 25% while Kate Spade sales fell 14%. The company now expects fiscal 2026 revenue above $7.75 billion and plans $1.5 billion in shareholder returns. The stock earlier jumped nearly 9% before paring gains.
Nasdaq’s ‘Fast Entry’ Nasdaq-100 Rule Could Rush SpaceX-Scale IPOs Into the Index

Nasdaq’s ‘Fast Entry’ Nasdaq-100 Rule Could Rush SpaceX-Scale IPOs Into the Index

Nasdaq has proposed a “Fast Entry” rule to allow newly listed companies with a market cap in the top 40 of current Nasdaq-100 members to join the index within 15 trading days. The move comes as major IPOs like SpaceX and Anthropic prepare to go public in 2026. SpaceX advisers have contacted index providers about accelerated inclusion, a source told Reuters. The rule could take effect after the March 2026 quarterly rebalance.
Lumentum stock whipsaws as AI-linked outlook meets a choppy tape

Lumentum stock whipsaws as AI-linked outlook meets a choppy tape

Lumentum shares rose 0.7% to $468.58 Thursday morning after swinging nearly 16% between $426.84 and $504. The company reported fiscal Q2 revenue of $665.5 million and forecast Q3 revenue up to $830 million, citing strong demand for optical circuit switches and a large co-packaged optics order. Analysts raised price targets sharply after the update. About 3.5 million shares traded by 10:37 a.m. EST.
Google’s $185B AI spending plan spooks Nasdaq as software stocks slide again

Google’s $185B AI spending plan spooks Nasdaq as software stocks slide again

Alphabet shares fell 2.6% Thursday after the company projected 2026 capital spending of up to $185 billion, far above analyst estimates. The S&P 500 software and services index dropped 1.8%, with ServiceNow, Salesforce, and Microsoft each down about 2.6%. The Dow lost 0.56% by 9:41 a.m. ET. Investors also awaited Amazon earnings and new U.S. labor data.
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CapitaLand Investment share price jumps as CapitaLand REIT payouts roll in — what’s next for 9CI

CapitaLand Investment share price jumps as CapitaLand REIT payouts roll in — what’s next for 9CI

7 February 2026
CapitaLand Investment shares rose 1.3% to S$3.12 on Friday, bucking a 0.8% drop in Singapore’s benchmark index. CapitaLand Integrated Commercial Trust reported a 16.4% jump in second-half distributable income, while CapitaLand Ascendas REIT posted a 1.4% full-year rise. CapitaLand China Trust saw full-year DPU fall to 4.82 cents amid weaker yuan and occupancy. CLI reports FY2025 results on Feb. 11.
Keppel stock holds near 12-year high after profit jump, special dividend; buyback adds support

Keppel stock holds near 12-year high after profit jump, special dividend; buyback adds support

7 February 2026
Keppel shares closed at S$11.64 on Friday, up 0.17%, after surging 6.1% the previous day on stronger FY2025 profit and a larger dividend plan. The company bought back 151,400 shares for about S$1.74 million. Keppel reported a 29% rise in full-year profit to S$1.02 billion and proposed a total distribution of 47 cents per share, including a special dividend partly paid in Keppel REIT units.
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