Today: 7 February 2026
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Gold price slips, GLD stock falls as traders brace for Friday’s U.S. jobs report

Gold price slips, GLD stock falls as traders brace for Friday’s U.S. jobs report

New York, January 7, 2026, 13:40 ET — Regular session. SPDR Gold Shares (GLD), a popular proxy for the gold price in U.S. stock trading, fell 0.9% on Wednesday, tracking a pullback in bullion after a recent run. The ETF was at about $409.60 in early afternoon trade. The dip matters now because gold has been trading like a rates product as much as a haven. After a sharp rally, investors are stripping out leverage ahead of a dense stretch of U.S. labour data and a late-month Federal Reserve meeting. Gold pays no interest. When traders lean toward Fed cuts,
7 January 2026
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Dow Jones today: Banks drag the index near 50,000 as Friday’s jobs report looms

Dow Jones today: Banks drag the index near 50,000 as Friday’s jobs report looms

New York, Jan 7, 2026, 13:33 (EST) — Regular session The Dow Jones Industrial Average, about 1.3% shy of 50,000, slipped on Wednesday as bank shares retreated and traders digested fresh labor-market data. At 11:50 a.m. ET, the Dow fell 85.82 points, or 0.17%, to 49,376.26, while the S&P 500 gained 0.19% and the Nasdaq climbed 0.59%. JPMorgan slid 2.5% after Wolfe Research cut its rating, and “the economic news sort of fueled a little bit of profit taking,” said Robert Pavlik, senior portfolio manager at Dakota Wealth. Reuters The blue-chip index logged another record close on Tuesday, up 0.99%
7 January 2026
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Qorvo (QRVO) stock drops 8% as Apple-linked chip names slide ahead of U.S. jobs report

Qorvo (QRVO) stock drops 8% as Apple-linked chip names slide ahead of U.S. jobs report

New York, Jan 7, 2026, 13:45 EST — Regular session Qorvo shares fell about 8% on Wednesday, underperforming a mixed U.S. market as investors trimmed exposure to smaller chipmakers. The stock was down $7.36 at $80.76, after touching a session low of $79.76. The drop mattered because it hit a corner of semiconductors tied to phone demand just as broader indexes leaned on megacap tech again. “The economic news sort of fueled a little bit of profit taking,” Robert Pavlik, senior portfolio manager at Dakota Wealth, said of the day’s trading. Reuters Fresh labor data added to the push-and-pull over
7 January 2026
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AST SpaceMobile stock dives 10% as Scotiabank downgrade hits ASTS valuation

AST SpaceMobile stock dives 10% as Scotiabank downgrade hits ASTS valuation

New York, January 7, 2026, 13:29 EST — Regular session AST SpaceMobile (ASTS) shares fell 10.2% to $87.55 in regular trading on Wednesday after Scotiabank cut its rating. The stock has traded between $95.25 and $86.20 so far, with about 15 million shares changing hands. Finviz Scotiabank analyst Andres Coello downgraded the stock to “Sell” and set a $45.60 price target, Barron’s reported. Coello flagged valuation, with the stock trading at more than 100 times projected 2026 sales and about 20 times estimated 2029 EBITDA, even as the company is not expected to post positive operating profits until 2027, the
7 January 2026
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Why First Solar stock is sliding today: Jefferies downgrade puts 2026 bookings in the spotlight

Why First Solar stock is sliding today: Jefferies downgrade puts 2026 bookings in the spotlight

New York, Jan 7, 2026, 13:34 ET — Regular session Shares of First Solar (FSLR.O) fell about 10% on Wednesday after Jefferies downgraded the U.S. solar module maker to “Hold,” warning that expectations for 2026 are running ahead of what the company can likely deliver. The stock was down 9.9% at $242.05 in afternoon trading. The downgrade lands after a strong rally late last year that pushed the stock close to a 52-week high, leaving little room for surprises in a sector that still trades on policy headlines. First Solar ended Tuesday at $268.78, about 6% below its 52-week high
7 January 2026
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Fermi Inc stock slides 10% on fresh class-action filing headlines, with Evercore conference next

Fermi Inc stock slides 10% on fresh class-action filing headlines, with Evercore conference next

New York, January 7, 2026, 13:24 (EST) — Regular session Shares of Fermi Inc (FRMI.O) slid on Wednesday, last down $1.01, or about 10.6%, at $8.50. The stock hit an intraday low of $8.37 and had traded about 5.6 million shares. The move came as plaintiffs’ firms pushed fresh notices around a proposed securities class action lawsuit, reopening questions about how Fermi pitched demand and funding for its Project Matador campus in Texas. Glancy Prongay & Murray said the case targets investors who bought stock in or traceable to the October IPO, priced at $21 a share, or bought securities
7 January 2026
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AppLovin stock rises after Piper Sandler sticks with $800 target as earnings loom

AppLovin stock rises after Piper Sandler sticks with $800 target as earnings loom

New York, January 7, 2026, 13:29 (ET) — Regular session AppLovin (APP.O) shares rose 3.5% to $638.63 in afternoon trade on Wednesday after Piper Sandler analyst James Callahan reiterated an Overweight rating — meaning he expects the stock to outperform — and kept an $800 price target. Piper pointed to encouraging U.S. e-commerce advertising signals and stronger Black Friday and Cyber Monday checks, according to an Investing.com report. Investing.com The call lands as investors hunt for proof that AppLovin can widen its ad business beyond mobile games, a push that has become the stock’s main debate. Benchmark analyst Miike Hickey
7 January 2026
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Skyworks Solutions stock tumbles nearly 12% in regular session as SWKS slides on CES week

Skyworks Solutions stock tumbles nearly 12% in regular session as SWKS slides on CES week

New York, Jan 7, 2026, 13:25 ET — Regular session Skyworks Solutions shares were down 11.8% at $58.44 in afternoon trade on Wednesday, after touching an intraday low of $58.17. No immediate catalyst was apparent. The selloff comes as the chipmaker works to convince investors it can lean more on markets beyond smartphones, with CES 2026 in full swing. “As AI accelerates at the edge, Skyworks delivers high-performance technologies that move data, synchronize intelligent systems,” Yusuf Jamal, a senior vice president at the company, said in a CES-related release. Nasdaq That push sits alongside a bigger overhang: Skyworks’ planned cash-and-stock
7 January 2026
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Bloom Energy stock jumps 7% as traders revisit Wells Fargo $600 million credit line

Bloom Energy stock jumps 7% as traders revisit Wells Fargo $600 million credit line

NEW YORK, January 7, 2026, 13:10 EST — Regular session Bloom Energy (BE) shares rose 7.5% to $110.82 in afternoon trading on Wednesday, after touching $112.38 earlier in the session. The stock traded between $103.75 and $112.38 on volume of about 10.2 million shares. The move keeps focus on Bloom, which sells solid-oxide fuel cells that generate electricity without combustion and can be deployed as on-site microgrids when grid power is scarce. “Leaders in the AI industry … do not enjoy the luxury of being able to wait for traditional grid infrastructure,” Bloom’s chief commercial officer Aman Joshi said in
7 January 2026
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Viasat stock slides as Evergreen signs on for Inmarsat NexusWave, CFO sale hits tape

Viasat stock slides as Evergreen signs on for Inmarsat NexusWave, CFO sale hits tape

New York, January 7, 2026, 13:26 EST — Regular session Viasat shares fell $4.89, or about 11.3%, to $38.57 on Wednesday, a day after the stock closed at $43.46. The shares traded between $38.27 and $43.58. The drop comes as investors weigh whether Viasat’s Inmarsat business can keep landing big mobility customers that buy recurring service, not just hardware. Maritime contracts matter because they can be sticky, with ships typically locked into connectivity providers for years. That is a key question for Viasat heading into its next results, as the company tries to show steady demand across its mobility products
7 January 2026
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Oracle stock slips as Jefferies sticks with $400 target; jobs report and dividend date loom

Oracle stock slips as Jefferies sticks with $400 target; jobs report and dividend date loom

New York, January 7, 2026, 13:23 (ET) — Regular session Oracle Corp (ORCL) shares slipped on Wednesday as investors digested a Jefferies note earlier this week that reiterated a Buy rating and kept a $400 price target. The stock was down about 0.2% at $193.40 in afternoon trade, after moving between $192.20 and $195.49. About 6 million shares had changed hands. Investing.com The stakes are bigger than a one-day move. Oracle’s AI push hinges on turning signed cloud contracts into revenue while it expands data-center capacity. In its latest quarterly report, Oracle said remaining performance obligations — booked contracts not
7 January 2026
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CrowdStrike stock jumps 6% as Cantor sticks with $590 target and CRWD leads cyber rally

CrowdStrike stock jumps 6% as Cantor sticks with $590 target and CRWD leads cyber rally

New York, January 7, 2026, 13:10 (EST) — Regular session CrowdStrike Holdings Inc (CRWD.O) shares climbed 5.6% to $483.88 on Wednesday, leading a broad rise in cybersecurity stocks. Palo Alto Networks rose 4.7%, Fortinet gained 3.0% and SentinelOne added 1.8%. The move comes as traders in high-growth software weigh fresh signs the U.S. labor market is cooling, a backdrop that can swing appetite for rate-sensitive tech. Private payrolls rose by 41,000 in December, below economists’ forecasts, according to ADP. Reuters Cantor Fitzgerald reiterated an Overweight rating and kept a $590 price target on CrowdStrike, pointing to improving subscription momentum. Investors
7 January 2026
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Stock Market Today

AST SpaceMobile stock bounces late Friday as AT&T plays down Amazon Leo threat and a new 2x short ETF hits tape

AST SpaceMobile stock bounces late Friday as AT&T plays down Amazon Leo threat and a new 2x short ETF hits tape

7 February 2026
AST SpaceMobile shares jumped 9.1% to $101.79 Friday after a volatile week, with 15.9 million shares traded. AT&T said it will use Amazon Leo’s satellite network to reach business customers outside its terrestrial footprint but stated this will not affect its partnership with AST. A new 2x short ETF tied to ASTS, ticker ASTN, began trading on Cboe. AST’s next “BlueBird 7” satellite launch is set for late February on Blue Origin’s New Glenn.
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