Oracle stock slides as $25 billion bond sale settles and a $20 billion share plan looms

Oracle stock slides as $25 billion bond sale settles and a $20 billion share plan looms

Oracle shares fell 1.9% to $151.71 Wednesday after the company announced a $25 billion bond sale and a $20 billion at-the-market share program. The fundraising aims to support Oracle’s cloud expansion but raised investor concerns over dilution and debt. The bond offering settles Feb. 4, with maturities ranging from 2029 to 2066. Oracle also plans a $5 billion mandatory convertible preferred stock sale.
Snap stock slips again ahead of earnings — here’s what traders are watching

Snap stock slips again ahead of earnings — here’s what traders are watching

Snap Inc shares fell about 1% to $6.03 Wednesday morning, extending a four-day losing streak ahead of its earnings report after the bell. The stock is down 48% from its 52-week high, with trading volume more than double the 50-day average. Snap will release Q4 and full-year 2025 results later today, as investors watch for updates on ad demand and its augmented reality push.
GOOG stock price drops as Alphabet earnings loom and DOJ appeal adds fresh antitrust risk

GOOG stock price drops as Alphabet earnings loom and DOJ appeal adds fresh antitrust risk

Alphabet’s Class C shares fell 1.8% to $334.62 by midmorning Wednesday, hitting a new intraday low ahead of its earnings report. The drop followed a global selloff in software and data-analytics stocks after Anthropic’s Claude Cowork launch. Alphabet’s earnings call is set for 4:30 p.m. EST, with analysts watching for updates on AI and data center spending. Regulators said they will appeal remedies in the ongoing Google search monopoly case.
SanDisk stock drops 11% after $750–$1,000 targets pile up on AI memory demand

SanDisk stock drops 11% after $750–$1,000 targets pile up on AI memory demand

SanDisk shares fell 11.2% to $617.88 Wednesday morning, reversing part of a recent rally fueled by bullish analyst upgrades and strong earnings. The drop followed a surge of over 16% Monday after SanDisk reported Q2 revenue of $3.03 billion and projected Q3 revenue up to $4.8 billion. Trading volume hit 30.7 million shares Tuesday, 63% above average. SanDisk recently extended its supply deal with Kioxia through 2034.
Apple stock jumps as Goldman flags App Store spending pickup, keeping AAPL in focus

Apple stock jumps as Goldman flags App Store spending pickup, keeping AAPL in focus

Apple shares rose 2.5% to $276.15 in early Wednesday trading, rebounding after a recent slide. Goldman Sachs kept its $330 price target, citing a 7% year-over-year jump in January App Store spending. The stock remains volatile as investors weigh AI disruption and regulatory scrutiny. Apple will pay a $0.26 dividend per share on Feb. 12 to holders on record by Feb. 9.
AMD stock slides after soft forecast revives Nvidia doubts despite record Q4 earnings

AMD stock slides after soft forecast revives Nvidia doubts despite record Q4 earnings

AMD forecast first-quarter revenue around $9.8 billion, down from $10.27 billion the previous quarter, citing lower MI308 AI chip sales to China. Shares fell nearly 7% in premarket trading after the outlook missed investor expectations. The company reported a 34% jump in fourth-quarter revenue, but analysts noted data-center sales would have missed forecasts without China-related MI308 sales.
Amazon stock price today: AMZN edges lower before earnings as AWS flags power delays

Amazon stock price today: AMZN edges lower before earnings as AWS flags power delays

Amazon shares fell 0.5% to $237.44 Wednesday morning, lagging the S&P 500 as investors awaited Thursday’s earnings report. Options markets signaled a possible 7% swing on the results, with focus on AWS power constraints in Europe and a new Chicago grocery hub. Cloud and software stocks have dropped for six sessions.
Shopify stock drops again as ChatGPT checkout fees fuel fresh Wall Street split

Shopify stock drops again as ChatGPT checkout fees fuel fresh Wall Street split

Shopify shares fell 4.7% to $113.65 early Wednesday, extending Tuesday’s 8% drop. Investors weighed mixed analyst views on the company’s AI-driven “agentic commerce” strategy and a 4% merchant fee for ChatGPT checkout. Jefferies and Wolfe Research flagged profitability and valuation concerns. Wall Street’s consensus rating remains “Moderate Buy.”
AMD stock price slides 14% after outlook flags a slower quarter — and AI nerves bite

AMD stock price slides 14% after outlook flags a slower quarter — and AI nerves bite

AMD shares fell 14.2% to $207.81 in New York after the company warned of a 5% sequential drop in first-quarter revenue, citing about $100 million in China chip sales. The stock marked its steepest single-day loss in months. Fourth-quarter revenue rose 34% to $10.27 billion, with data center sales hitting a record $5.4 billion. Investors await Nvidia’s Feb. 25 earnings for further signals on AI hardware demand.
AMD stock drops on cautious Q1 outlook after record results; Costco rotisserie chicken faces lawsuit

AMD stock drops on cautious Q1 outlook after record results; Costco rotisserie chicken faces lawsuit

AMD shares fell nearly 7% premarket after forecasting first-quarter revenue of about $9.8 billion, below its record fourth quarter. The outlook includes $390 million in China-bound AI chip sales under a U.S. license. Fourth-quarter revenue rose 34% to $10.27 billion, with net income at $1.51 billion. CEO Lisa Su expects stronger AI server demand in the second half.
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Stock Market Today

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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