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Stock Market News 6 February 2026

Stellantis stock price plunges as €22.2 billion EV reset charge jolts investors

Stellantis stock price plunges as €22.2 billion EV reset charge jolts investors

Stellantis shares plunged 24% in New York to $7.21 after a €22.2 billion writedown tied to scaling back electric-vehicle plans. The company will not pay a 2026 dividend and expects a €19–21 billion net loss in the second half of 2025. Stellantis agreed to sell its 49% stake in Canadian battery joint venture NextStar Energy to LG Energy Solution, pending approval.
ALGN stock jumps again as Align Technology rides Invisalign earnings beat and fresh analyst targets

ALGN stock jumps again as Align Technology rides Invisalign earnings beat and fresh analyst targets

Align Technology shares rose about 4% to $182.70 by midday Friday, following a strong earnings report and record clear-aligner shipments. The company posted Q4 revenue of $1.05 billion and non-GAAP earnings of $3.29 per share, with 676,900 cases shipped. Align forecast Q1 revenue between $1.01 billion and $1.03 billion. The stock jumped 11% in the previous session.
Seagate stock price jumps 5% as Citi lifts target; STX steadies after a choppy week

Seagate stock price jumps 5% as Citi lifts target; STX steadies after a choppy week

Seagate shares jumped nearly 5% to $425.61 midday Friday after Citigroup raised its price target to $480, maintaining a buy rating. The stock swung between $400.52 and $428.90 during the session, rebounding from a 3% drop Thursday. Other storage stocks, including Western Digital and Pure Storage, also rose. Trading volume in Seagate exceeded its 50-day average.
Celestica stock jumps as Big Tech AI capex forecasts lift suppliers

Celestica stock jumps as Big Tech AI capex forecasts lift suppliers

Celestica shares jumped 5.9% to $312.31 Friday, tracking gains across AI hardware stocks as investors bet on higher data-center spending by major cloud firms. The company recently expanded U.S. manufacturing for Google’s TPU systems and raised its 2026 revenue target to $17 billion. Fidelity’s FMR LLC disclosed a 6.4% stake in Celestica. Jefferies maintained Broadcom as a “top pick” with a $500 target.
ASE Technology stock jumps 7% after $3.2 billion advanced-packaging target; Monday in focus

ASE Technology stock jumps 7% after $3.2 billion advanced-packaging target; Monday in focus

Shares of ASE Technology rose 7.2% to T$304.50 Friday after the company projected its advanced chip packaging business would double to $3.2 billion by 2026 and announced an extra $1.5 billion in capital spending for the year. ASE reported unaudited Q4 net income of NT$14.7 billion on revenues of NT$177.9 billion. Taiwan’s market is closed for the weekend; traders await Monday’s open.
6 February 2026
AbbVie stock rises as investors re-rank Rinvoq and Skyrizi after earnings jolt

AbbVie stock rises as investors re-rank Rinvoq and Skyrizi after earnings jolt

AbbVie shares climbed 2% to $223.45 in midday trading Friday after a volatile week. The move followed a quarterly report showing fourth-quarter net revenues up 10% to $16.62 billion and adjusted profit of $2.71 per share. Humira sales dropped 25.9% as biosimilar competition increased, while Skyrizi and Rinvoq posted gains. The company also announced new regulatory approvals and licensing deals.
CrowdStrike stock rebounds as Aramco pact lifts CRWD after bruising software selloff

CrowdStrike stock rebounds as Aramco pact lifts CRWD after bruising software selloff

CrowdStrike shares rose 3.7% to $391.20 Friday, rebounding after a 9.2% drop the previous day amid a broader software sell-off. The company announced a memorandum of understanding with Saudi Aramco to explore cybersecurity projects in the kingdom. Other cybersecurity stocks showed mixed moves. CrowdStrike will report quarterly results on March 3.
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Bradesco stock drops on 2026 guidance — what BBDC4 investors watch next week

Bradesco stock drops on 2026 guidance — what BBDC4 investors watch next week

7 February 2026
Bradesco’s preferred shares fell 2.55% to 20.61 reais Friday after the bank issued 2026 guidance pointing to slower growth in some areas. Fourth-quarter recurring net income rose 20.6% to 6.5 billion reais, with 2025 ROAE at 15.2%. The Ibovespa closed up 0.45%. Bradesco ADRs ended down 0.5% at $3.98 in New York.
Stellantis stock slides 24% after €22 billion EV reset kills 2026 dividend — what to watch next

Stellantis stock slides 24% after €22 billion EV reset kills 2026 dividend — what to watch next

7 February 2026
Stellantis shares plunged 23.7% to $7.28 Friday after the company disclosed about €22.2 billion in charges tied to a reset of its electric-vehicle strategy and said it will skip its 2026 dividend. The automaker flagged a preliminary net loss of €19–21 billion for the second half of 2025. Shares rose 1.6% in late after-hours trading. Investors await Feb. 26 results and a May 21 Investor Day.
Intel stock jumps on China server CPU delays as traders map the week ahead

Intel stock jumps on China server CPU delays as traders map the week ahead

7 February 2026
Intel shares rose 4.87% to $50.59 Friday, trailing gains by Nvidia and Broadcom as chip stocks rallied. Sources said Intel and AMD warned Chinese customers of longer waits and higher prices for some server CPUs, with Intel lead times reaching six months. Intel said China accounts for over 20% of its revenue. Investors await key U.S. jobs and inflation data next week.
IRS tax refund delays? Watchdog flags staffing crunch as 2026 filing season ramps up

IRS tax refund delays? Watchdog flags staffing crunch as 2026 filing season ramps up

7 February 2026
IRS staffing has dropped to 2021 levels as the 2026 tax filing season begins, according to a Treasury watchdog. The agency faces a backlog of about 2 million returns, 129% above pre-pandemic levels. Most e-filers using direct deposit still get refunds within 21 days, but paper filings and amended returns could see delays. The IRS lowered its call-answer target to 70% for this season.
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