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Company Updates News 4 February 2026 - 6 February 2026

Western Digital stock price jumps 6% in midday trade after Thursday slide

Western Digital stock price jumps 6% in midday trade after Thursday slide

Western Digital shares rose about 6% to $276.60 by midday Friday, rebounding from a 3.4% drop the previous session. The move followed a $4 billion buyback announcement and a disclosure that CEO Irving Tan sold 20,000 shares under a pre-set plan. Seagate and NetApp also gained as storage stocks tracked a broader Wall Street rally.
UnitedHealth (UNH) stock rebounds nearly 2% as sector digests cost shock, Mizuho trims target

UnitedHealth (UNH) stock rebounds nearly 2% as sector digests cost shock, Mizuho trims target

UnitedHealth shares rose 1.9% to $273.79 Friday, rebounding after Molina Healthcare’s weak 2026 profit outlook sent sector stocks tumbling Thursday. Mizuho cut its price target for UnitedHealth to $350 but kept an Outperform rating. Investors await the April 6 CMS decision on 2027 Medicare Advantage rates. Molina shares plunged nearly 28%, while Centene fell 5.5% and Cigna gained about 3%.
Construction Partners stock rises after outlook hike, DA Davidson lifts target to $130

Construction Partners stock rises after outlook hike, DA Davidson lifts target to $130

Construction Partners shares rose 1.2% to $129.13 Friday after DA Davidson raised its price target to $130. The move followed a quarterly report showing net income of $17.2 million, revenue of $809.5 million, and a record $3.09 billion backlog. The company lifted its 2026 revenue outlook to as high as $3.56 billion. Granite Construction and Sterling Infrastructure shares also gained.
Singapore Airlines stock slips from 2-day run as investors turn cautious; Feb 24 update in focus

Singapore Airlines stock slips from 2-day run as investors turn cautious; Feb 24 update in focus

Singapore Airlines shares fell 0.45% to S$6.68 by mid-afternoon Friday, reversing gains from earlier in the week. The decline followed a broader tech-led selloff in Asian markets. Boeing announced a major landing gear deal with the airline group at the Singapore Airshow. Investors await the carrier’s third-quarter results due Feb. 24 after market close.
S&P Global stock (SPGI) slides after hours as investors brace for earnings, Mobility spin-off updates

S&P Global stock (SPGI) slides after hours as investors brace for earnings, Mobility spin-off updates

S&P Global shares fell about 3% to $451.71 in after-hours trading Thursday after a volatile session. The company launched a research initiative with Vanguard at the NYSE and confirmed plans to spin off its Mobility division. Investors await the Feb. 10 earnings report for updates on growth and the separation.
Kenvue stock hovers near $18 after hours as it sets Feb. 17 results date and scraps earnings call

Kenvue stock hovers near $18 after hours as it sets Feb. 17 results date and scraps earnings call

Kenvue shares rose 0.2% to $18.07 in after-hours trading after the company said it will release earnings on Feb. 17 without holding a call, citing its pending Kimberly-Clark deal. The stock remains about 4% below the implied value of Kimberly-Clark’s offer. Investors are watching for any updates on deal timing.
Newmont stock dives as Tanami mine halt collides with a pullback in gold prices

Newmont stock dives as Tanami mine halt collides with a pullback in gold prices

Newmont shares fell 6.5% to $109.21 Thursday after the company halted operations at its Tanami mine in Australia following a worker’s death. Authorities are investigating a possible winch failure at the site. Gold-miner stocks broadly declined as precious metals prices dropped. Newmont has not set a date to resume Tanami operations.
Visa stock rises against a falling market after $3 billion bond sale and “Visa & Main” launch

Visa stock rises against a falling market after $3 billion bond sale and “Visa & Main” launch

Visa shares rose 0.8% to $332.53 Thursday after the company launched its “Visa & Main” platform for small businesses and detailed a $3 billion multi-tranche bond sale. The new platform includes a $100 million working-capital facility with Lendistry. Visa outperformed a weaker U.S. market, with the S&P 500 ETF down 0.7%.
BNAI stock jumps as Brand Engagement Network scraps $50 million Yorkville equity line

BNAI stock jumps as Brand Engagement Network scraps $50 million Yorkville equity line

Brand Engagement Network shares rose 12.6% to $25.07 after the company canceled a $50 million standby equity purchase agreement with Yorkville Advisors, effective Feb. 4. The stock hit $30.70 earlier in the session. The firm reported 5.83 million shares outstanding and 3.38 million in public float. Closings for a $1.518 million private placement are set for Feb. 25 and March 25.
Amphenol stock dips as CEO-chair move nears and fresh dividend lands — what investors watch next

Amphenol stock dips as CEO-chair move nears and fresh dividend lands — what investors watch next

Amphenol shares fell 1.1% to $128.63 Thursday as CEO R. Adam Norwitt was named to succeed Martin H. Loeffler as board chair at the May annual meeting. The board approved a $0.25 quarterly dividend, payable April 14 to shareholders of record March 23. The stock move tracked a wider market decline. Norwitt will hold both CEO and chair roles.
BigBear.ai stock slides as dilution vote nears; CEO filing adds to the focus

BigBear.ai stock slides as dilution vote nears; CEO filing adds to the focus

BigBear.ai shares fell 6.1% to $4.65 Wednesday morning ahead of a key shareholder vote to double authorized common shares to 1 billion. CEO Kevin McAleenan recently sold 48,691 shares to cover taxes on vested stock. Pomerantz LLP is investigating potential securities violations at the company. AI-related software stocks traded unevenly as sector concerns grew.
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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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