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Stock Market News 6 February 2026

Meta stock slides again as AI spending doubts hang over Big Tech

Meta stock slides again as AI spending doubts hang over Big Tech

Meta shares fell 2.3% to $654.86 Friday, lagging the broader market as investors questioned heavy AI spending. The company raised its 2026 capital expenditure forecast to up to $135 billion, citing more AI hires. COO Javier Olivan sold 517 shares at $714.60 each on Feb. 2. Instagram suffered a brief outage this week, with over 10,000 U.S. user reports.
Oracle stock rebounds Friday as tech rout eases, but AI spending jitters linger

Oracle stock rebounds Friday as tech rout eases, but AI spending jitters linger

Oracle shares rose 3.4% to $141.14 Friday morning, rebounding after a 7% drop Thursday amid a tech selloff sparked by Alphabet’s $185 billion capex plans. The IGV ETF gained 2.1%, while QQQ was up 1.3%. Investors remain divided over whether AI-driven spending will boost profits or erode margins. New U.S. macro data next week may further shift market expectations.
InterDigital stock pops as IDCC outlook and licensing fights grab traders’ attention

InterDigital stock pops as IDCC outlook and licensing fights grab traders’ attention

InterDigital shares jumped about 8.5% Friday morning after the company issued 2026 revenue guidance and highlighted growth in recurring licensing revenue. Fourth-quarter revenue fell 37% to $158.2 million, with catch-up revenue plunging to $12.6 million. Adjusted earnings per share beat analyst estimates. Management flagged rising litigation costs and upcoming demos at Mobile World Congress.
Robinhood stock snaps back as HOOD heads into earnings after a rough week

Robinhood stock snaps back as HOOD heads into earnings after a rough week

Robinhood shares rose about 13% Friday after a 50% drop since October, ahead of its February 10 earnings report. The stock remains down nearly 30% year-to-date amid tech sector volatility and concerns over AI automation. Zacks noted HOOD is now technically oversold and trading at its lowest RSI point. Robinhood has expanded into new business lines and reported growth in paid subscribers and revenue per user.
Palantir stock rebounds after AI rout as Cognizant tie-up lands and Jefferies flags valuation risk

Palantir stock rebounds after AI rout as Cognizant tie-up lands and Jefferies flags valuation risk

Palantir shares rose 3.7% to $134.86 Friday after heavy trading, rebounding from a 6.8% drop Thursday. Jefferies maintained an underperform rating and $70 target, citing valuation concerns. The company reported Q4 revenue up 70% to $1.407 billion and announced a partnership with Cognizant. UK lawmakers called for a review of Palantir’s public-sector contracts.
Liberty Global stock price jolts as rarely traded LBTYB jumps; LBTYA ticks up into earnings

Liberty Global stock price jolts as rarely traded LBTYB jumps; LBTYA ticks up into earnings

Liberty Global’s Class B shares (LBTYB) surged 86% Friday, peaking at $51.24 before closing at $22.40 on heavy volume, with no new filings or news. Class A and C shares both rose 1.4% to $11.42. The company will report full-year results on February 18. Liberty Global and Telefonica are also preparing a £2 billion bid for UK broadband provider Netomnia, according to the Financial Times.
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.
AMD stock price jumps 7% as China server CPU delays flag tight supply — what traders watch next

AMD stock price jumps 7% as China server CPU delays flag tight supply — what traders watch next

AMD shares jumped 7% Friday after Reuters reported the company and Intel warned Chinese customers of longer server CPU delivery times. AMD’s lead times for some products have stretched to eight to ten weeks, while Intel warned of delays up to six months. The rebound follows a steep drop in chip stocks earlier in the week. Investors await Nvidia’s results on Feb. 25.
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.
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.
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RELX share price slides again as AI fears linger, results next week in focus

RELX share price slides again as AI fears linger, results next week in focus

7 February 2026
RELX closed down 4.6% at 2,145 pence in London on Friday, capping a volatile week ahead of its Feb. 12 full-year results. The company bought back 465,361 shares even as selling continued amid investor concerns over AI risks and pricing power. Peers Wolters Kluwer and Thomson Reuters also faced pressure. Markets await RELX’s outlook for 2026 trading.
Rio Tinto stock jumps as Glencore mega-merger is shelved; what to watch next week

Rio Tinto stock jumps as Glencore mega-merger is shelved; what to watch next week

7 February 2026
Rio Tinto’s U.S. shares closed up 2.5% at $93.37 Friday after the company ruled out a merger with Glencore, triggering a six-month “no-bid” lockout under UK takeover rules. Both companies cited disagreements over valuation. Attention now turns to Rio’s Feb. 19 results and iron ore prices, which fell below $100 a tonne amid weak Chinese demand.
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