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Company News News 2 February 2026

Why Modine stock is jumping today: the Gentherm deal and what’s next for MOD shares

Why Modine stock is jumping today: the Gentherm deal and what’s next for MOD shares

Modine shares surged 6.8% to $197.24 Monday after investors weighed a $1 billion deal to spin off its Performance Technologies unit and merge it with Gentherm. The deal gives Modine a $210 million cash payout and its shareholders about a 40% stake in the new entity. Gentherm shares slipped 1%. Modine reports earnings Feb. 4.
Calix (CALX) stock jumps as buyback talk returns and traders eye Feb. 24 investor day

Calix (CALX) stock jumps as buyback talk returns and traders eye Feb. 24 investor day

Calix shares rose 6.5% to $47.59 Monday after the company projected sequential revenue growth but warned of near-term margin pressure from its cloud platform migration. CEO Michael Weening reported Q4 revenue of $272.4 million and record non-GAAP gross margin of 58%. Investors await further guidance at Calix’s Feb. 24 investor day.
P&G stock price today: Procter & Gamble edges higher as shutdown clouds key data

P&G stock price today: Procter & Gamble edges higher as shutdown clouds key data

Procter & Gamble shares rose 0.7% to $152.82 Monday afternoon as consumer-staples stocks gained. The January U.S. jobs report was postponed due to a partial government shutdown, leaving investors uncertain about key data. The Consumer Staples Select Sector SPDR Fund climbed 1%. P&G’s next dividend payout is set for Feb. 17.
TTM Technologies stock price jumps about 7% as ex-Army secretary joins board ahead of earnings

TTM Technologies stock price jumps about 7% as ex-Army secretary joins board ahead of earnings

TTM Technologies shares rose 7.1% to $105.19 by early afternoon after the company named Ryan D. McCarthy and Daniel G. Korte as independent directors. Two current board members, including former CEO Thomas T. Edman, will step down in May. Edman disclosed plans to sell 16,800 shares. Investors await the Feb. 4 earnings call for the 2026 outlook.
Why Coherent stock is jumping today as a unit sale closes and earnings loom

Why Coherent stock is jumping today as a unit sale closes and earnings loom

Coherent Corp shares rose 6.9% to $226.83 Monday ahead of its earnings report due Wednesday after market close. The move followed news that Bystronic finalized its purchase of Coherent’s Tools for Materials Processing unit. Morgan Stanley raised its price target to $190 but kept a neutral rating. Trading remained volatile as investors watched for updates on AI data center demand and debt repayment.
Oracle stock price rises as $50 billion funding plan eases AI buildout fears

Oracle stock price rises as $50 billion funding plan eases AI buildout fears

Oracle shares rose 1.7% Monday after the company announced plans to raise up to $50 billion in debt and equity this year to fund cloud expansion. The stock closed near $167.43. Oracle will split the financing between equity, including a $20 billion at-the-market program, and a single bond issuance in early 2026. The company filed a prospectus for 100 million depositary shares linked to mandatory convertible preferred stock.
Caterpillar stock price jumps nearly 4% as target hikes keep focus on backlog, data-center power

Caterpillar stock price jumps nearly 4% as target hikes keep focus on backlog, data-center power

Caterpillar shares rose 3.9% to $683.24 Monday after Truist Securities raised its price target and cited a record $51.2 billion order backlog. The company reported $19.1 billion in Q4 sales and warned of $2.6 billion in tariff costs by 2026. New orders for data-center power systems and a major West Virginia project fueled optimism. Broader markets were mixed amid a commodity selloff.
Applied Optoelectronics (AAOI) stock jumps again — what’s driving the latest move

Applied Optoelectronics (AAOI) stock jumps again — what’s driving the latest move

Applied Optoelectronics shares surged 9.8% to $47.87 in late morning Nasdaq trading Monday, with volume topping 3.7 million. The stock swung between $41.56 and $49.00 amid sharp volatility ahead of its Feb. 26 earnings call. Traders are watching sector results from Lumentum on Feb. 3 for signals on demand.
Plug Power stock dips premarket as share vote nears and reverse-split threat hangs over PLUG

Plug Power stock dips premarket as share vote nears and reverse-split threat hangs over PLUG

Plug Power shares fell 1.2% to $2.09 in premarket trading Monday as investors focus on a Feb. 5 shareholder vote to double authorized common shares. The company warned that if the proposal fails, it may pursue a reverse stock split. CEO Andy Marsh said Plug is close to approval but needs more proxies. Trading volume spiked Friday as the stock closed down 9.6%.
Ashtead share price slips after buyback update as NYSE switch nears

Ashtead share price slips after buyback update as NYSE switch nears

Ashtead shares fell 0.45% to 4,666 pence in early London trading Monday, extending recent losses. The company confirmed a further tranche of buybacks under its $1.5 billion programme and set a Feb. 6 dividend of 37.5 U.S. cents per share. A U.S. primary listing is scheduled for late February, with Ashtead shares to be swapped for Sunbelt stock and dropped from FTSE indices on March 2.
Prudential share price slips as buyback update lands and BoE looms

Prudential share price slips as buyback update lands and BoE looms

Prudential shares fell 0.6% to 1,197.5 pence in early London trading Monday after the insurer announced another tranche of buybacks through JPMorgan. The company repurchased 299,227 shares on Jan. 30 as part of its $1.2 billion program. Investors are watching ahead of Thursday’s Bank of England rate decision. Prudential’s full-year results are due March 19.
Compass Group shares rise as investors size up Thursday’s trading update

Compass Group shares rise as investors size up Thursday’s trading update

Compass Group shares rose 1.33% to 2,216 pence by 0850 GMT Monday, outpacing a 0.23% drop in the FTSE 100. The company reported 1,700,430,644 voting shares as of Jan. 31. Compass will hold its annual general meeting and release a first-quarter trading update on Feb. 5. Dividend currency elections close Monday, with the DRIP deadline Thursday.
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Stock Market Today

Macquarie Group share price slips 2% after APRA eases liquidity curbs — what to watch next week

Macquarie Group share price slips 2% after APRA eases liquidity curbs — what to watch next week

7 February 2026
Macquarie Group shares fell 2.17% to A$207.83 Friday, marking a third straight decline as the ASX 200 slid 2%. Australia’s regulator trimmed liquidity requirements for Macquarie Bank after improvements in controls. Macquarie Asset Management announced two UK utility deals, including full ownership of Last Mile Infrastructure and the purchase of Energy Assets Group. Investors await Tuesday’s operational briefing.
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, 1:07 AM EST Crude Oil Prices Rise on Dollar Weakness, Geopolitical Tensions February 7, 2026, 12:52 AM EST. Crude oil prices edged higher on Friday, supported by a weaker U.S. dollar and escalating geopolitical risks in the Middle East. March WTI crude gained 0.41%, rebounding from early losses, while gasoline prices rose 1.38%. Doubts over a U.S.-Iran nuclear deal loom after reports of Iran's refusal to halt uranium enrichment, raising the risk of military action and potential disruption of vital shipping routes. Additionally, a surge in U.S. consumer
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.
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