Today: 7 February 2026
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Verizon stock (VZ) closes higher after T-Mobile lawsuit — what traders watch next

Verizon stock (VZ) closes higher after T-Mobile lawsuit — what traders watch next

Verizon shares rose 1.6% to $47.01 Wednesday, extending a six-day rally as the company sued T-Mobile in Manhattan federal court for alleged false advertising over wireless savings claims. Trading volume hit 46.1 million shares. Verizon seeks triple damages and an injunction. T-Mobile did not immediately respond.
5 February 2026
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CoreWeave stock drops 8% as Rule 144 sale notice lands; traders brace for Thursday open

CoreWeave stock drops 8% as Rule 144 sale notice lands; traders brace for Thursday open

CoreWeave shares fell 8.44% to $82.46 Wednesday, closing below the price Nvidia paid for its recent stake. The drop followed news of a securities fraud class action lawsuit and a Rule 144 filing to sell 281,250 shares. Trading volume was heavy as the Nasdaq Composite slid 1.51%. Investors cited concerns over insider selling and legal risks.
5 February 2026
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KLA stock drops for fourth day as chip-tool sector selloff deepens; what to watch next for KLAC

KLA stock drops for fourth day as chip-tool sector selloff deepens; what to watch next for KLAC

KLA shares fell 3.6% to $1,307.22 Wednesday, extending a four-day slide and leaving the stock nearly 23% below its Jan. 29 peak. The Philadelphia Semiconductor Index dropped 4.4% as AI-related tech stocks sold off sharply. Trading volume in KLA spiked above average. Investors are watching sector earnings and macro data for signs of direction.
5 February 2026
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Pfizer stock jumps nearly 4% — what’s driving PFE after the obesity-drug data drop

Pfizer stock jumps nearly 4% — what’s driving PFE after the obesity-drug data drop

Pfizer shares rose 3.9% to $26.78 before holding steady after hours, following new data on its obesity drug PF-3944 and quarterly results. The company maintained its 2026 revenue and earnings outlook but warned of pricing pressures and upcoming patent expirations. Mid-stage trial data showed up to 12.3% weight loss at 28 weeks, with some patients dropping out due to side effects. Trading volume topped 80 million shares.
5 February 2026
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AST SpaceMobile stock slides 11% after AT&T’s Amazon Leo deal shakes satellite-to-phone trade

AST SpaceMobile stock slides 11% after AT&T’s Amazon Leo deal shakes satellite-to-phone trade

AST SpaceMobile shares fell 10.6% to $103.50 after AT&T announced new agreements with Amazon’s Leo satellite project and AWS. AT&T said the Amazon deal targets fixed broadband for businesses and does not affect its partnership with AST. Investors are watching for updates at Mobile World Congress and the timing of AST’s next satellite launch. Globalstar and Iridium also declined, while AT&T gained 1.5%.
5 February 2026
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Electronic Arts (EA) stock slips as investors weigh Battlefield 6 momentum against buyout risk

Electronic Arts (EA) stock slips as investors weigh Battlefield 6 momentum against buyout risk

Electronic Arts shares fell 2.3% to $196.84 Wednesday after reporting record quarterly net bookings of $3.05 billion, boosted by strong “Battlefield 6” sales. Net income dropped to $88 million from $293 million a year earlier. EA’s pending $14 billion take-private deal remains on track, with the company skipping its usual earnings call due to the transaction. Trading volume surged to 10.5 million shares, well above average.
5 February 2026
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Amgen stock jumps 8% after earnings beat — what to know before Thursday’s open

Amgen stock jumps 8% after earnings beat — what to know before Thursday’s open

Amgen shares surged 8.2% to $366.20 Wednesday after quarterly earnings beat forecasts and the company issued a 2026 outlook above consensus. Investors focused on progress in Amgen’s MariTide obesity program, which could allow less frequent dosing. The company reported Q4 revenue of $9.9 billion and adjusted EPS of $5.29. Amgen plans $2.6 billion in 2026 capital spending and capped share buybacks at $3 billion.
5 February 2026
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Coca-Cola stock steadies after CEO Quincey’s sale filing as Wall Street braces for Feb. 10 results

Coca-Cola stock steadies after CEO Quincey’s sale filing as Wall Street braces for Feb. 10 results

Coca-Cola closed up 0.6% at $77.35 on Wednesday, steadying after hours as an SEC filing showed CEO James Quincey plans to sell about 337,824 shares worth $25.4 million. Jefferies raised its price target to $88 ahead of next week’s earnings. UBS cited expectations for another “on-algorithm” year. The planned sale represents less than 0.01% of Coke’s outstanding shares.
5 February 2026
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PepsiCo stock rises again as Lay’s, Doritos price cuts roll out — what PEP investors watch next

PepsiCo stock rises again as Lay’s, Doritos price cuts roll out — what PEP investors watch next

PepsiCo shares rose about 2% to $166.18 in late Wednesday trading after announcing price cuts of up to 15% on Lay’s, Doritos, and Cheetos across the U.S. The company beat fourth-quarter revenue estimates, reporting $29.34 billion, and raised its annual dividend by 4%. A $10 billion share buyback plan was also unveiled.
5 February 2026
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PayPal stock price slips after-hours as CEO shake-up and weak 2026 outlook keep PYPL under pressure

PayPal stock price slips after-hours as CEO shake-up and weak 2026 outlook keep PYPL under pressure

PayPal shares fell 1.6% to $41.03 in after-hours trading Wednesday after the company named HP’s Enrique Lores as CEO, replacing Alex Chriss. The stock drop followed weak 2026 profit guidance and a slowdown in branded checkout growth. PayPal reported Q4 revenue of $8.68 billion and adjusted EPS of $1.23, but scrapped its 2027 targets. CFO Jamie Miller will serve as interim CEO until March 1.
5 February 2026
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RTX stock slides after Raytheon’s Pentagon missile deal as investors eye the next checkpoint

RTX stock slides after Raytheon’s Pentagon missile deal as investors eye the next checkpoint

RTX shares fell 3.4% to $196.74 Wednesday and were flat after hours, following Raytheon’s announcement of seven-year Pentagon contracts to sharply increase missile production. The company said Tomahawk output will rise from 60 to over 1,000 annually, with similar boosts for AMRAAM and SM-6 missiles. RTX also reported new commercial aerospace deals and set an investor event for Feb. 18.
5 February 2026
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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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