Today: 7 February 2026
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Silicon Motion (SIMO) stock jumps 14% as CES meetings and a Jan. 13 Needham webcast come into focus

Silicon Motion (SIMO) stock jumps 14% as CES meetings and a Jan. 13 Needham webcast come into focus

New York, Jan 6, 2026, 12:21 p.m. EST — Regular session Shares of Silicon Motion Technology Corporation (SIMO) climbed about 14% on Tuesday, touching an intraday high of $107.95 as the storage-chip supplier rode a broader bid for memory-linked names. At 12:21 p.m. EST, the Nasdaq-listed stock was up 14.1% at $106.77. The rally comes as investors price in a memory upcycle tied to demand from artificial intelligence servers, which has pushed chip prices higher and tightened supply. Market researcher TrendForce expects conventional DRAM contract prices to rise 55% to 60% this quarter, and said a DDR5 DRAM benchmark jumped
6 January 2026
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AppLovin stock slides 5.5% despite Benchmark’s fresh ‘top idea’ call — what investors watch next

AppLovin stock slides 5.5% despite Benchmark’s fresh ‘top idea’ call — what investors watch next

NEW YORK, Jan 6, 2026, 12:15 EST — Regular session AppLovin Corp (APP.O) shares were down 5.5% at $597.83 in midday trading on Tuesday after touching an intraday high of $637.45. The stock hit a session low of $595.75, with about 2.1 million shares traded. The move came hours after Benchmark reiterated a Buy rating and a $775 price target, calling AppLovin a “2026 EDM Top Idea” on what it described as durable gaming demand and an expanding web and e-commerce advertising business. The firm flagged adoption of AppLovin’s self-serve Axon Ads Manager — a tool that lets advertisers buy
6 January 2026
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SoFi stock slides after SEC filing confirms extra shares sold at $27.50

SoFi stock slides after SEC filing confirms extra shares sold at $27.50

New York, January 6, 2026, 10:49 (ET) — Regular session SoFi Technologies, Inc. (NASDAQ: SOFI) shares were down 7.8% at $27.01 in late morning trading on Tuesday after a filing showed the fintech completed the sale of additional shares tied to its December stock offering. Underwriters exercised an option on Jan. 2 and the company completed the issuance and sale on Jan. 5, lifting the total shares sold in the offering to 57,754,660, according to the filing. SEC The extra stock adds supply at a sensitive moment for high-growth lenders, where sentiment can turn quickly on funding costs and loan
6 January 2026
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Wave Life Sciences stock jumps 17% as obesity gene-silencing race heats up

Wave Life Sciences stock jumps 17% as obesity gene-silencing race heats up

New York, January 6, 2026, 11:28 EST — Regular session Wave Life Sciences Ltd shares (WVE.O) jumped about 17% on Tuesday, extending sharp swings in the obesity drug trade as investors sized up the next set of clinical readouts. The stock was up 17.2% at $17.58 in morning trade on Nasdaq, after moving between $14.15 and $19.49, with about 7.0 million shares traded. The move shows how quickly sentiment can shift in obesity-linked biotechs, where small early-stage updates often drive outsized price action. Investors are hunting for approaches that can cut harmful fat while preserving muscle, a sticking point for
6 January 2026
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Costco stock rises as Mizuho upgrade sharpens focus on December sales report

Costco stock rises as Mizuho upgrade sharpens focus on December sales report

New York, January 6, 2026, 12:01 (EST) — Regular session Costco Wholesale Corporation (COST) shares rose on Tuesday, gaining $9.15, or about 1.0%, to $884.89 in midday trading. The move follows a fresh upbeat call from Mizuho, which upgraded Costco to “outperform” and said the pullback in the stock reflects execution strains tied to heavy traffic rather than a broken growth story. “All current issues swirling around shares are the byproduct of simply having too much consumer demand,” analyst David Bellinger wrote. Investing.com Investors now have a near-term checkpoint: Costco is scheduled to release December sales results on Wednesday at
6 January 2026
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Sandisk stock jumps 22% today as CES Optimus SSD rebrand and rising NAND price forecasts lift SNDK

Sandisk stock jumps 22% today as CES Optimus SSD rebrand and rising NAND price forecasts lift SNDK

NEW YORK, January 6, 2026, 11:34 (ET) — Regular session Sandisk Corp shares jumped more than 22% on Tuesday. The Nasdaq-listed stock was up 22.1% at $334.75 by 11:05 a.m. ET, after touching $343 and trading about 12.9 million shares, StockAnalysis.com data showed. StockAnalysis The rally puts Sandisk back in the spotlight as investors chase memory-linked names on expectations that tight supply will push up prices for chips and storage drives this quarter. TrendForce forecast conventional DRAM — the working-memory chips used in servers and PCs — contract prices to rise 55%–60% in the first quarter, and said NAND flash
6 January 2026
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Sandisk stock jumps 24% as AI storage demand and memory-price surge lift chip names

Sandisk stock jumps 24% as AI storage demand and memory-price surge lift chip names

NEW YORK, Jan 6, 2026, 11:42 EST — Regular session Sandisk Corp shares jumped about 24% on Tuesday to $339.20, after hitting a record $342.81, as investors piled into memory and data-storage names tied to artificial-intelligence spending. Western Digital climbed about 14%, Micron rose about 6%, and Seagate gained nearly 12%. The move underlined how quickly sentiment has turned back to the “memory” trade at the start of the year, with traders betting tight supply will keep pricing firm. Samsung co-CEO TM Roh told Reuters on Monday the shortage was “unprecedented,” as chipmakers divert capacity toward high-bandwidth memory (HBM), a
6 January 2026
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Visa stock edges up as DOJ presses debit antitrust case; traders eye Jan. 16 court update

Visa stock edges up as DOJ presses debit antitrust case; traders eye Jan. 16 court update

New York, Jan 6, 2026, 11:43 EST — Regular session Visa Inc. shares inched higher on Tuesday after U.S. antitrust enforcers signaled they want to keep moving their debit-network case forward despite a fight over the timetable. The stock was up 0.5% at $355.52 in late-morning trade. The case matters now because it is a rare, headline antitrust challenge to a core part of Visa’s business: how debit transactions route across payment networks and how fees are set. The pace of the court calendar can influence legal costs and how long the lawsuit hangs over the stock. In a joint
6 January 2026
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Western Digital stock jumps nearly 14% as CES chip talk lifts storage and memory shares

Western Digital stock jumps nearly 14% as CES chip talk lifts storage and memory shares

New York, January 6, 2026, 11:52 EST — Regular session Western Digital Corp (WDC) shares rose 13.8% to $213.79 by 11:52 a.m. ET on Tuesday, after touching an intraday high of $215.33. The stock traded as low as $188.09 earlier in the session. The data-storage maker climbed with a broader rally in memory and storage stocks, led by SanDisk, which jumped to a record high. Reuters tracking showed peers Micron and Western Digital were also higher in early trade as chipmakers lifted the tech sector. Reuters The rally matters because storage names are increasingly treated as a read-through on AI
6 January 2026
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SLB Limited stock slips as Evercore upgrade meets Freedom downgrade after Venezuela rally

SLB Limited stock slips as Evercore upgrade meets Freedom downgrade after Venezuela rally

New York, January 6, 2026, 12:01 EST — Regular session Shares of SLB (SLB.N) slipped 0.1% to $43.76 by 12:01 p.m. EST on Tuesday as fresh analyst calls clashed after a Venezuela-fuelled surge in oil-linked names. The stock traded between $43.42 and $44.76 on the day. StreetInsider.com+1 The stock is in focus after U.S. energy shares jumped on Monday on bets that a shift in Washington’s stance could reopen access to Venezuela’s vast reserves, and draw in suppliers needed to lift output. Venezuelan crude is typically “heavy sour” — thick, high-sulfur oil — and “aligns well” with U.S. Gulf Coast
6 January 2026
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Rocket Lab stock rises near 52-week high as RKLB traders weigh CFO sale notice, Neutron milestones

Rocket Lab stock rises near 52-week high as RKLB traders weigh CFO sale notice, Neutron milestones

New York, Jan 6, 2026, 11:45 EST — Regular session Rocket Lab Corp shares rose 1.6% to $79.42 in late-morning trade on Tuesday, after swinging between $74.05 and $79.71 and hovering just below a 52-week high of $79.83, according to Investing.com data. Investing.com The stock ended Monday up 2.8%, extending a sharp rally that has pushed Rocket Lab into one of the most heavily watched U.S.-listed space names. The run-up has also made the shares more sensitive to headlines on timing, margins and funding tied to big government programs. Investors are balancing bullish broker commentary against fresh insider-selling disclosures, while
6 January 2026
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Arrowhead stock leaps after gene-silencing obesity drug doubles Lilly’s Zepbound weight loss

Arrowhead stock leaps after gene-silencing obesity drug doubles Lilly’s Zepbound weight loss

New York, Jan 6, 2026, 11:34 AM EST — Regular session Arrowhead Pharmaceuticals shares rose about 16% on Tuesday after early clinical data showed its experimental gene-silencing obesity drug boosted weight loss when used alongside Eli Lilly’s tirzepatide, sold as Zepbound. The stock was up 16% at $74.13 in midday trading, after swinging between $62.17 and $76.32. Investors.com The update lands amid a scramble for new obesity treatments that can add to GLP-1 drugs — a fast-growing market where investors now weigh not just pounds lost, but what kind of weight comes off. Many patients and doctors want therapies that
6 January 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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