Cisco stock rises as FlashStack with Nutanix goes live, with Feb. earnings in focus

Cisco stock rises as FlashStack with Nutanix goes live, with Feb. earnings in focus

Cisco shares rose 1.97% to $75.47 Tuesday, outperforming a declining U.S. market. Cisco, Pure Storage, and Nutanix launched FlashStack with Nutanix, targeting customers affected by changes in VMware licensing. Trading volume for Cisco lagged its 50-day average. Investors await Cisco’s quarterly earnings on Feb. 11 and a $0.41 dividend payout on Jan. 21.
Western Digital stock in focus as WDC sets Jan. 29 earnings date and storage names brace for a busy week

Western Digital stock in focus as WDC sets Jan. 29 earnings date and storage names brace for a busy week

Western Digital shares closed up 0.88% at $214.00 Tuesday after swinging between $208.48 and $218.00. The company will report fiscal Q2 earnings after markets close Jan. 29, with Seagate set to release results Jan. 27. Investors are watching for signs of demand and pricing in the data storage sector, following recent volatility and warnings about AI-related bottlenecks.
MercadoLibre stock slides after AI-linked layoff report; traders brace for what’s next for MELI

MercadoLibre stock slides after AI-linked layoff report; traders brace for what’s next for MELI

MercadoLibre shares fell 3.55% to $2,073.57 Tuesday after the company laid off 119 employees across Latin America, including 38 in Brazil, as part of an AI-driven restructuring. Most cuts targeted UX writers. Ariel Szarfsztejn became CEO on Jan. 1, with Marcos Galperin moving to executive chairman. Fourth-quarter results are tentatively scheduled for Feb. 24.

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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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