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Stock Market News 6 February 2026

Broadcom stock price jumps nearly 4% as Google’s AI capex plan lifts AVGO

Broadcom stock price jumps nearly 4% as Google’s AI capex plan lifts AVGO

Broadcom shares rose nearly 4% to $322.82 in morning trading Friday as investors returned to chip stocks after a sharp sell-off. Alphabet’s 2026 capital expenditure forecast of up to $185 billion shifted attention to AI infrastructure suppliers. Nvidia and AMD also posted strong gains. Broadcom’s March 4 earnings are now in focus for signals on AI demand.
Tapestry stock rises again as Coach Tabby bags fuel forecast hike — what TPR investors watch next

Tapestry stock rises again as Coach Tabby bags fuel forecast hike — what TPR investors watch next

Tapestry shares rose 3% to $147.51 Friday morning after the company raised its annual outlook, citing strong Coach sales. Coach revenue jumped 25% to $2.14 billion in the holiday quarter, while Kate Spade sales fell 14%. Tariffs cut about 190 basis points from gross margin. Tapestry set a quarterly dividend of $0.40 per share, payable March 23 to holders as of March 6.
6 February 2026
Amazon stock slides on $200 billion AI capex plan as Nvidia and other AI stocks split

Amazon stock slides on $200 billion AI capex plan as Nvidia and other AI stocks split

Amazon shares fell 9% Friday after announcing a $200 billion capital spending plan for 2026, focused on AI infrastructure. Nvidia and AMD rose, while software stocks like ServiceNow and Salesforce dropped sharply. Alphabet signaled capital spending could reach up to $185 billion in 2026. The S&P 500 gained 0.88% and the Nasdaq rose 0.77% by mid-morning.
Ensign Group stock climbs toward $200 after 2026 outlook; Truist lifts ENSG target

Ensign Group stock climbs toward $200 after 2026 outlook; Truist lifts ENSG target

Ensign Group shares rose 1.4% to $199.86 in early Friday trading after the company projected 2026 diluted EPS of $7.41–$7.61 and revenue of $5.77–$5.84 billion. Truist raised its price target to $215, citing improved occupancy and acquisitions. Ensign reported Q4 revenue of $1.36 billion and net income of $95.5 million. The company ended 2025 with 378 operations and $503.9 million in cash.
6 February 2026
Wall Street rebounds after tech rout, but Amazon stock slides on $200B AI spend plan

Wall Street rebounds after tech rout, but Amazon stock slides on $200B AI spend plan

Amazon shares plunged nearly 9% Friday after announcing a $200 billion AI spending plan, dragging tech stocks lower. The S&P 500 slipped into negative territory for the year on Thursday amid concerns over mounting capital expenditures and weak layoff data. By 09:30 a.m. ET, the Dow rose 0.62%, the S&P 500 gained 0.50%, and the Nasdaq edged up 0.35%. Chipmakers Nvidia and AMD rebounded, each rising over 5%.
Dow Jones jumps nearly 700 points after tech rout — but AI spending fears still bite

Dow Jones jumps nearly 700 points after tech rout — but AI spending fears still bite

The Dow jumped 687 points, or 1.41%, to 49,596 in early Friday trading, recovering from a tech-led selloff. Amazon fell nearly 9% after flagging higher AI spending, while Nvidia gained over 5%. Chipmakers and banks led the rebound, but tech stocks continued to weigh on indexes. Investors await next week’s U.S. jobs and inflation reports for signals on rate cuts.
Kodiak Gas Services stock jumps on $675 million DPS buy as data-center power demand bites

Kodiak Gas Services stock jumps on $675 million DPS buy as data-center power demand bites

Kodiak Gas Services shares rose 4.2% to $49.29 after announcing a $675 million acquisition of Distributed Power Solutions, funded by $575 million in cash and $100 million in stock. The deal, expected to close in early Q2 2026, awaits antitrust approval and hinges on Kodiak maintaining leverage targets. Investors await further details at the Feb. 26 earnings call.
Regal Rexnord stock ticks higher after $735 million data-center orders put 2026 outlook in play

Regal Rexnord stock ticks higher after $735 million data-center orders put 2026 outlook in play

Regal Rexnord shares rose 1.4% to $202.75 Friday after posting fourth-quarter adjusted earnings of $2.51 per share and 2026 guidance of $10.20–$11.00 EPS. The company reported $735 million in E-Pod orders tied to data-center power projects, with first shipments expected in 2027. Revenue for the quarter was about $1.52 billion. Management flagged weak residential HVAC demand and uncertainty in converting backlog to revenue.
Kulicke & Soffa stock price today: KLIC steadies premarket after 19% earnings jump, Needham lifts target

Kulicke & Soffa stock price today: KLIC steadies premarket after 19% earnings jump, Needham lifts target

Kulicke & Soffa shares rose 0.4% to $66.66 in premarket trading Friday after a 19.3% surge Thursday, following upbeat Q2 revenue guidance of around $230 million. Fiscal Q1 net revenue reached $199.6 million, with utilization rates topping 80% in general semiconductors. Needham raised its price target to $70. The company filed its latest 10-Q on Thursday.
Amazon stock price tumbles as $200 billion 2026 capex plan hits AI trade (AMZN)

Amazon stock price tumbles as $200 billion 2026 capex plan hits AI trade (AMZN)

Amazon shares fell 8.8% to $203.15 in early trading Friday after the company announced a $200 billion capital expenditure plan for 2026. Investors reacted to concerns over rising AI and cloud infrastructure costs outpacing cash flow. CEO Andy Jassy cited strong AWS growth, but analysts noted spending was higher than expected. The broader market opened higher, but Amazon’s drop weighed on tech sentiment.
Google stock price slips as Alphabet’s AI spending push keeps GOOG in focus

Google stock price slips as Alphabet’s AI spending push keeps GOOG in focus

Alphabet Class C shares fell 0.5% to $331.33 in early Friday trading after the company set 2026 capital spending at up to $185 billion, far above Wall Street estimates. Cloud revenue jumped 48% to $17.7 billion in the December quarter. The board approved a $0.21 per share dividend, payable March 16. Investors remain cautious as Big Tech ramps up AI-related expenses.
Nvidia stock price drops in early trade as AI capex jitters bite; Feb. 25 earnings loom

Nvidia stock price drops in early trade as AI capex jitters bite; Feb. 25 earnings loom

Nvidia shares fell 1.2% to $171.88 early Friday, trailing a mixed chip sector as tech stocks slid on concerns over soaring AI development costs. Amazon’s 2026 capex could reach $200 billion, far above expectations, fueling debate over whether heavy data-center spending will drive near-term profits. AMD dropped 3.9%, while Broadcom and Taiwan Semiconductor rose. Some Nvidia clients are developing their own chips, raising competitive risks.
Sandisk stock rises in early trade as rally cools from record high

Sandisk stock rises in early trade as rally cools from record high

Sandisk shares rose 4.4% to $601.55 in early New York trading Friday, rebounding after a sharp drop earlier in the week. The stock swung between $568.30 and $623.28 as traders cited AI-driven storage demand and tight supply. Sandisk has fallen over 20% since touching $725 on Feb. 3. Investors are watching for analyst updates and memory pricing signals ahead of earnings on May 6.
6 February 2026
Tesla stock price slides early as China AI training report and Europe sales warnings hit TSLA

Tesla stock price slides early as China AI training report and Europe sales warnings hit TSLA

Tesla shares fell 2.2% to $397.21 in early New York trading Friday after reports the company set up an AI training center in China. European data showed Volkswagen overtook Tesla as the top battery-electric vehicle seller in 2025, with Tesla registrations down 27%. U.S. lawmakers face renewed pressure to advance self-driving car legislation.
Microsoft stock price edges up after Thursday rout, but AI capex worries hang over MSFT

Microsoft stock price edges up after Thursday rout, but AI capex worries hang over MSFT

Microsoft shares rose 0.9% to $397.21 early Friday after a 5% drop the previous day, rebounding amid heavy selling in software stocks. Stifel downgraded Microsoft to “Hold,” slashing its price target to $392 and warning of margin pressures from soaring AI and cloud spending. Investors remain wary as tech giants project over $600 billion in AI projects this year. Microsoft’s recent record AI expenses and slowing cloud growth have fueled volatility.
6 February 2026
SiTime stock jumps premarket as $3.2 billion Renesas timing deal keeps SITM in play

SiTime stock jumps premarket as $3.2 billion Renesas timing deal keeps SITM in play

SiTime shares rose 3.3% in premarket trading Friday after announcing a $1.5 billion cash-and-stock deal to acquire Renesas’ timing business. The company reported $113.3 million in fourth-quarter revenue, up 66% year-over-year, and issued a positive forecast for the first quarter. SiTime expects the acquired unit to add $300 million in revenue within a year of closing.
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Amazon stock (AMZN) slides on $200 billion AI capex plan — what Wall Street watches next week

Amazon stock (AMZN) slides on $200 billion AI capex plan — what Wall Street watches next week

7 February 2026
Amazon shares fell 5.6% to $210.32 on Friday after the company forecast 2026 capital spending would jump to $200 billion, up more than 50% from 2025. The drop came as the Dow closed above 50,000 for the first time. Amazon reported fourth-quarter net sales up 14% to $213.4 billion and operating income at $25 billion. Trading in Amazon was volatile, with 179 million shares changing hands.
Bitcoin price wobbles below $69,000 on weekend — what matters before Monday’s reopen

Bitcoin price wobbles below $69,000 on weekend — what matters before Monday’s reopen

7 February 2026
Bitcoin fell 1.1% to $68,917 Saturday after volatile trading, while Ether held near $2,036. U.S. spot bitcoin ETFs saw $330.7 million in net inflows on Feb. 6, reversing outflows the previous day. Strategy shares rebounded after hitting a low of $111.27 Thursday. Traders are watching Monday’s U.S. market open and the upcoming inflation report for direction.
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