Western Digital stock slides nearly 9% in New York trade as buyback bounce fades

Western Digital stock slides nearly 9% in New York trade as buyback bounce fades

Western Digital shares fell about 9% to $264.17 by late morning Wednesday, after the company boosted its buyback authorization by $4 billion on Tuesday. Seagate and Micron also dropped as memory and storage stocks sold off. The moves followed Western Digital’s new pitch to capitalize on AI-driven data-center demand. Tech stocks broadly declined, with AMD sliding over 12% after a revenue warning.
Ford stock rises on Geely partnership-talk report as investors look to Feb. 10 earnings

Ford stock rises on Geely partnership-talk report as investors look to Feb. 10 earnings

Ford shares rose 1.9% to $13.99 Wednesday after Reuters reported ongoing talks with China’s Geely on potential manufacturing and technology partnerships in Europe. U.S. regulators widened a probe to 1.27 million Ford F-150s over transmission defects. Ford warned a supplier fire could cut F-Series output by 100,000 trucks through 2025. Investors await Ford’s Feb. 10 earnings for updates on disruptions.
PayPal stock price today: PYPL slips again as CEO shake-up rattles analysts

PayPal stock price today: PYPL slips again as CEO shake-up rattles analysts

PayPal shares fell about 1% to near $41 early Wednesday after a CEO shakeup and lower profit outlook for 2026. The company reported Q4 net revenue up 4% to $8.7 billion and payment volume up 9% to $475.1 billion. Multiple brokers cut ratings and price targets, citing weak branded checkout growth and uncertainty over the leadership transition. Jamie Miller will serve as interim CEO until Enrique Lores takes over March 1.
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.”
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Diageo share price slips into the weekend as investors eye Feb. 25 results

Diageo share price slips into the weekend as investors eye Feb. 25 results

7 February 2026
Diageo shares closed down 1.48% at 1,760 pence on Friday, trailing a 0.59% gain in the FTSE 100. An updated analyst consensus points to a 2.0% fall in first-half organic net sales ahead of interim results due Feb. 25. Trading volume was light, and the stock remains over 22% below its 52-week high.
National Grid share price: what to know before London reopens after BoE signal

National Grid share price: what to know before London reopens after BoE signal

7 February 2026
National Grid shares closed at 1,285 pence in London on Friday, up 0.23%. The Bank of England held rates at 3.75% after a close vote, signaling possible cuts if inflation falls. National Grid announced a wireless power transmission study with Space Solar and marked five years of IFA2 interconnector operations. Its U.S. ADR ended at $88.06, up $1.17.
BAE Systems share price rises into weekend — what to watch before Monday’s London open

BAE Systems share price rises into weekend — what to watch before Monday’s London open

7 February 2026
BAE Systems shares closed up 1.2% at 1,879 pence on Friday, tracking gains in European defence stocks. The company’s market value stands near £54.8 billion. Investors await BAE’s full-year results on Feb. 18 for updates on cash returns and orders. GXO Logistics renewed and expanded its contract to support BAE’s Type 26 frigate program in Scotland.
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