IREN stock whipsaws after earnings as bitcoin rebounds; Microsoft GPU financing in focus

IREN stock whipsaws after earnings as bitcoin rebounds; Microsoft GPU financing in focus

IREN Limited shares rose 5.1% to $41.83 in after-hours trading Friday as bitcoin jumped 11.4% to $71,198, lifting crypto-linked stocks. The company reported $184.7 million in quarterly revenue, with $167.4 million from bitcoin mining and $17.3 million from AI cloud services. Net loss reached $155.4 million. IREN recently announced $3.6 billion in GPU financing for a Microsoft contract and a new Oklahoma data center.
Netflix stock price rises after-hours as DOJ widens scrutiny of Warner deal

Netflix stock price rises after-hours as DOJ widens scrutiny of Warner deal

The U.S. Justice Department is investigating Netflix’s business practices as part of its review of the proposed Warner Bros Discovery deal, the Wall Street Journal reported Friday. Netflix shares rose 1.6% to $82.20 in after-hours trading. Warner expects a shareholder vote on the deal in March. Paramount Skydance’s rival bid remains active.
JPMorgan stock price jumps after hours as Dow tops 50,000; HSBC lifts rating

JPMorgan stock price jumps after hours as Dow tops 50,000; HSBC lifts rating

JPMorgan Chase shares rose 3.9% to $322.40 in after-hours trading Friday as the Dow closed above 50,000 for the first time. HSBC upgraded JPMorgan and raised its price target, while the bank disclosed a $3 billion subordinated note sale. Other major banks also gained. Investors are watching for signals on rates and loan growth ahead of JPMorgan’s Feb. 10 conference appearance.
ServiceNow stock price falls again as Wall Street redraws the AI winners list

ServiceNow stock price falls again as Wall Street redraws the AI winners list

ServiceNow shares fell 1.8% to $100.74 Friday, capping a volatile week for software stocks as investors debated AI’s impact on subscription software. The S&P 500 Software & Services index dropped 13% in a week, erasing over $800 billion in value. ServiceNow slid 12% this week, while hardware stocks tied to AI data centers held steadier. Investors are watching upcoming tech conference appearances for further signals.
Oracle stock rebounds after a bruising week — what traders are watching next for ORCL

Oracle stock rebounds after a bruising week — what traders are watching next for ORCL

Oracle shares rose 4.6% to $142.82 in after-hours trading Friday, rebounding from a 7% drop the day before. The move follows disclosures of a $25 billion bond sale and plans for up to $20 billion in at-the-market share sales. Oracle aims to raise $45–$50 billion in 2026 for cloud infrastructure expansion. Investors are watching funding pace and AI-driven cloud spending ahead of the next earnings update.
Lumentum (LITE) stock jumps after-hours as AI optics trade stretches into next week

Lumentum (LITE) stock jumps after-hours as AI optics trade stretches into next week

Lumentum Holdings shares jumped 9.3% to $551.99 in after-hours trading Friday after reporting fiscal Q2 revenue of $665.5 million and forecasting Q3 revenue of $780–$830 million. Analysts raised price targets following the upbeat outlook. A Form 144 filing disclosed a planned sale of 4,849 shares. Trading volume reached about 6.7 million shares.
Intel stock jumps nearly 5% as China server CPU waits stretch and SambaNova funding news lands

Intel stock jumps nearly 5% as China server CPU waits stretch and SambaNova funding news lands

Intel shares closed up 4.9% to $50.59 Friday and were steady after-hours. Intel and AMD warned China customers of server CPU delays, with Intel lead times up to six months and prices rising over 10%. Intel plans to invest about $100 million in AI chip startup SambaNova in a new funding round. Investors are watching Q2 supply and the next earnings date.
Natural gas slips after a record storage draw — warm U.S. forecasts take back control

Natural gas slips after a record storage draw — warm U.S. forecasts take back control

U.S. natural gas futures for March fell 9.9 cents to $3.41 per mmBtu Friday as warmer forecasts and a higher gas rig count pressured prices. The EIA reported a record 360 bcf storage withdrawal for the week ended Jan. 30, leaving stocks 27 bcf below the five-year average. Traders now await the Feb. 12 storage report and late-winter weather updates.
Robinhood stock jumps 14% after-hours as bitcoin rebounds above $70,000

Robinhood stock jumps 14% after-hours as bitcoin rebounds above $70,000

Robinhood shares jumped about 14% to $82.82 in after-hours trading Friday as bitcoin rebounded above $70,000. The move comes ahead of Robinhood’s Feb. 10 earnings report, with traders watching for signs of sustained retail activity. Chief Brokerage Officer Steven Quirk sold 52,540 shares on Feb. 3 under a preset plan. Coinbase and Strategy also surged as crypto-linked stocks rallied.
XRP price jumps 25% as crypto rebounds from rout; Ripple Prime move adds focus

XRP price jumps 25% as crypto rebounds from rout; Ripple Prime move adds focus

XRP jumped 25% to $1.46 Friday, rebounding from $1.13 as bitcoin surged 11% to $70,391 and ether climbed to $2,056. The move followed a sharp selloff Thursday that triggered over $1 billion in liquidations. Binance put XRP’s 24-hour volume at $12.82 billion, with a market value near $89.11 billion. Ripple said its Prime platform now supports Hyperliquid derivatives.
Silver price whipsaws as CME hikes margins again; traders eye U.S. jobs and CPI next week

Silver price whipsaws as CME hikes margins again; traders eye U.S. jobs and CPI next week

Spot silver surged 8.6% to $77.33 an ounce Friday after dropping below $65, but ended the week down over 8.7%. CME Group raised margin requirements for COMEX silver futures to 18% from 15%, effective after the close. In China, a silver futures fund hit its 10% daily limit down for a fifth straight session. BlackRock’s iShares Silver Trust NAV fell 13% on Feb. 5.
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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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