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Stock Market News News 2 February 2026 - 6 February 2026

Hims & Hers (HIMS) stock slips again as $49 Wegovy copy draws FDA heat and Novo legal threat

Hims & Hers (HIMS) stock slips again as $49 Wegovy copy draws FDA heat and Novo legal threat

Hims & Hers Health shares fell 2.6% to $22.88 Friday after launching a $49 compounded version of Novo Nordisk’s Wegovy weight-loss pill. Novo called the move “illegal mass compounding” and threatened legal action, while the FDA warned it would act against unapproved copycat drugs. Hims said its pill uses “liposomal technology” to aid absorption but gave no details. Nearly a third of Hims shares are out on loan for short bets.
Dauch (DCH) stock slips as Feb. 13 earnings date nears after Dowlais deal

Dauch (DCH) stock slips as Feb. 13 earnings date nears after Dowlais deal

Dauch Corp shares fell 0.7% to $8.15 in early New York trading after the company set Feb. 13 for its first earnings report since switching to the DCH ticker. The board added two former Dowlais directors as integration efforts began. Dauch confirmed new share issuance and dual listing in London tied to the Dowlais deal. The stock traded between $8.13 and $8.44 Friday, within a 52-week range of $3.00 to $9.25.
Doximity (DOCS) stock slips premarket after soft outlook, CFO medical leave, new $500 million buyback

Doximity (DOCS) stock slips premarket after soft outlook, CFO medical leave, new $500 million buyback

Doximity shares fell 5.4% to $33.32 premarket after the company forecast slower growth and said CFO Anna Bryson is on medical leave. Chief Accounting Officer Siddharth Sitaram was named interim finance head. The board approved a $500 million share buyback. Fiscal Q3 revenue rose 10% to $185.1 million, but Q4 guidance was below expectations.
Lithium price slips again in China, dragging Albemarle and SQM shares lower before Wall Street opens

Lithium price slips again in China, dragging Albemarle and SQM shares lower before Wall Street opens

China’s battery-grade lithium carbonate price fell about 4% to 134,500 yuan per tonne, pressuring lithium stocks in U.S. premarket trading. Albemarle dropped 7.2%, SQM slipped 4%, and Lithium Americas lost 8.6%. Shanghai Metals Market said downstream stockpiling ahead of Lunar New Year is nearly complete. LME lithium hydroxide CIF slid 3.3% to $17,600 per tonne.
Eli Lilly stock price jumps 10% after-hours on upbeat 2026 forecast and Q4 beat

Eli Lilly stock price jumps 10% after-hours on upbeat 2026 forecast and Q4 beat

Eli Lilly shares jumped 10.4% to $1,107.12 in after-hours trading Wednesday after reporting fourth-quarter revenue up 43% to $19.29 billion and a 2026 profit outlook above Wall Street forecasts. The company expects 2026 revenue of $80–83 billion and non-GAAP earnings per share of $33.50–$35.00. Mounjaro sales reached $7.41 billion and Zepbound $4.26 billion for the quarter.
Lithium price today: Albemarle, SQM jump premarket as U.S. rolls out Project Vault stockpile

Lithium price today: Albemarle, SQM jump premarket as U.S. rolls out Project Vault stockpile

Shares of U.S.-listed lithium miners rose sharply premarket Wednesday, with Lithium Americas up 8.4%, SQM up 5.4%, and Albemarle up 3.5%, despite falling Chinese lithium prices. The move follows President Trump’s launch of “Project Vault,” a $10 billion strategic minerals stockpile. Battery-grade lithium carbonate in China averaged 153,000 yuan per ton, with buyers largely inactive. Zimbabwe’s lithium exports rose 11% in 2025, but revenues were flat.
Adobe stock slips again: ADBE hit by Piper Sandler downgrade as AI disruption fears linger

Adobe stock slips again: ADBE hit by Piper Sandler downgrade as AI disruption fears linger

Adobe shares fell 0.6% to $270.20 in Wednesday’s premarket after a 7.3% drop Tuesday. Piper Sandler downgraded the stock to neutral and cut its price target to $330, citing weaker demand for licenses. The selloff followed Anthropic’s launch of new AI plug-ins, raising concerns over competition. Adobe’s earnings call is scheduled for March 12.
Why Snowflake stock slid 9%: AI disruption jitters swamp an OpenAI tie-up and a Postgres push

Why Snowflake stock slid 9%: AI disruption jitters swamp an OpenAI tie-up and a Postgres push

Snowflake shares fell 9.1% Tuesday to $173.24, following a $200 million OpenAI partnership and new product updates. The drop came as investors sold off software and cloud stocks after Anthropic launched new AI tools, raising concerns about pricing power and competition. Snowflake highlighted new features and integrations but faces pressure ahead of its February 25 earnings report.
Why Johnson & Johnson stock is up today: new Varipulse Plus update puts AFib data back in play

Why Johnson & Johnson stock is up today: new Varipulse Plus update puts AFib data back in play

Johnson & Johnson shares rose about 1.4% to $233.87 Tuesday after unveiling new pulsed-field ablation and imaging technologies ahead of the AF Symposium. The company will present Omny-AF pilot data on Feb. 6 and its stock will trade ex-dividend on Feb. 24. Medtronic announced a $585 million CathWorks acquisition as PFA competition intensifies.
Atossa Therapeutics (ATOS) enters reverse-split Monday as Nasdaq compliance clock tightens

Atossa Therapeutics (ATOS) enters reverse-split Monday as Nasdaq compliance clock tightens

Atossa Therapeutics will enact a 1-for-15 reverse stock split Monday, after shares closed Friday at $0.565, down 6%. The move aims to lift the price above Nasdaq’s $1 minimum ahead of a Feb. 17 compliance deadline. Shares will trade under a new CUSIP and fractional shares will be paid out in cash. Options contracts will be adjusted to reflect the split.
Vodafone share price hits fresh 52-week high as buyback rolls on ahead of Feb 5 update

Vodafone share price hits fresh 52-week high as buyback rolls on ahead of Feb 5 update

Vodafone shares rose nearly 1% to a 52-week high in early London trading Monday after the company announced further share buybacks. Vodafone disclosed it bought 1.52 million shares on Jan 30 at an average price of 106.94 pence, to be held in treasury. Investors await the Feb 5 trading update and interim dividend.
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Stock Market Today

Amazon’s $200B AI Spending Jolt Spurs Stock Selloff as Big Tech Capex Nears $650B

Amazon’s $200B AI Spending Jolt Spurs Stock Selloff as Big Tech Capex Nears $650B

7 February 2026
Amazon shares fell Friday after the company announced a $200 billion AI infrastructure plan for 2026, exceeding analyst expectations and reviving investor concerns about profitability. Combined 2026 capex flagged by Amazon, Alphabet, Microsoft, and Meta now tops $630 billion. Nvidia, AMD, and Broadcom shares surged on the news, while software and data firms remained under pressure.
Nvidia stock jumps nearly 8% as Big Tech AI spending bets lift chipmakers and Dow tops 50,000

Nvidia stock jumps nearly 8% as Big Tech AI spending bets lift chipmakers and Dow tops 50,000

7 February 2026
Nvidia surged 7.8% Friday, leading a chip stock rally that pushed the Dow above 50,000 for the first time. The PHLX semiconductor index gained 5.7% as Advanced Micro Devices rose 8.3% and Broadcom 7.1%. Amazon fell 5.6% after projecting $200 billion in 2026 capital spending. Investors weighed a $600 billion AI infrastructure outlay against sharp losses in software shares.
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