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Stock Market News 6 February 2026

IREN stock price slides after hours as Q2 loss hits and Microsoft GPU financing takes focus

IREN stock price slides after hours as Q2 loss hits and Microsoft GPU financing takes focus

IREN Limited shares fell 11% after hours Thursday to $39.79, tracking a sharp bitcoin selloff. The company posted a $155.4 million quarterly loss as bitcoin mining revenue dropped and non-cash charges weighed on results. IREN reported $2.8 billion in cash, a new $9.7 billion Microsoft GPU contract, and plans for a 1.6-gigawatt Oklahoma data center. Revenue from AI cloud services rose to $17.3 million.
6 February 2026
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JPMorgan stock slides after hours as risk-off hits banks; jobs data, Fed shift in focus

JPMorgan stock slides after hours as risk-off hits banks; jobs data, Fed shift in focus

JPMorgan Chase shares fell 2.3% to $310.16 in after-hours trading Thursday, mirroring declines across major banks and the broader market. Wall Street dropped sharply as investors reacted to rising jobless claims, lower job openings, and uncertainty over AI spending. Wells Fargo, Citigroup, and Bank of America also closed lower. JPMorgan completed a $3 billion subordinated note offering due 2037.
6 February 2026
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Visa stock price dips after hours — what traders watch after Visa & Main’s $100 million small-business push

Visa stock price dips after hours — what traders watch after Visa & Main’s $100 million small-business push

Visa launched its “Visa & Main” platform for U.S. small businesses, backed by a $100 million working-capital facility with Lendistry. Visa shares slipped 0.3% to $329.13 in after-hours trading. U.S. stocks fell sharply, with tech leading losses as investors questioned AI investment returns. Traders are now focused on next week’s delayed labor and inflation data after a brief government shutdown.
6 February 2026
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GE Vernova stock pulls back after a volatile week — new wind orders, bond sale and a fresh Baird upgrade in focus

GE Vernova stock pulls back after a volatile week — new wind orders, bond sale and a fresh Baird upgrade in focus

GE Vernova shares fell about 1% to $737.53 in after-hours trading Thursday, extending losses from Wednesday’s drop. The company announced $2.6 billion in new bonds, fresh wind repower orders, and a major electrification contract. Baird upgraded the stock and raised its price target to $923. Investors await GE Vernova’s April 22 earnings report.
6 February 2026
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Uber stock price today: UBER steadies after earnings, as robotaxi push meets fresh legal risk

Uber stock price today: UBER steadies after earnings, as robotaxi push meets fresh legal risk

Uber shares rose 1.7% to $75.21 in after-hours trading Thursday after reporting Q4 gross bookings of $54.1 billion, up 22%. The company announced a CFO transition and plans to expand robotaxi operations to up to 15 cities by 2026. A federal jury ordered Uber to pay $8.5 million in a key rider-safety lawsuit. Uber’s Q1 profit outlook missed analyst estimates.
6 February 2026
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Goldman Sachs stock slides after hours as AI-spending doubts rattle Wall Street — what GS investors watch next

Goldman Sachs stock slides after hours as AI-spending doubts rattle Wall Street — what GS investors watch next

Goldman Sachs shares fell 2.5% to $890.41 in after-hours trading Thursday, tracking a broader retreat in financial and tech stocks. Amazon dropped 4.4% during the session and another 10% after hours. Weekly U.S. jobless claims rose by 22,000 to 231,000. Goldman told clients equity hedge funds suffered their worst day in nearly a year as tech bets unwound.
6 February 2026
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Coherent stock price: COHR whipsaws after earnings; AI data-center optics in focus

Coherent stock price: COHR whipsaws after earnings; AI data-center optics in focus

Coherent shares fell 0.8% to $209.24 in after-hours trading Thursday after a session marked by a 15% swing and heavy volume. The company reported fiscal Q2 revenue of $1.69 billion, above analyst expectations, and projected March-quarter revenue between $1.70 billion and $1.84 billion. Analysts raised price targets, but investor caution persists over margins and demand.
6 February 2026
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Costco stock price closes near $1,000 after January sales jump and online surge

Costco stock price closes near $1,000 after January sales jump and online surge

Costco shares closed up 1.2% at $989.29 after January net sales rose 9.3% to $21.33 billion, with digital sales jumping 34.4%. The stock briefly topped $1,000 during the session, outperforming retail peers as tech stocks fell. Oppenheimer raised its price target to $1,100. Investors await Costco’s Q2 earnings call on March 5 for updates on margins and membership.
6 February 2026
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Boston Scientific stock rebounds after earnings shock as analysts cut targets on EP worries

Boston Scientific stock rebounds after earnings shock as analysts cut targets on EP worries

Boston Scientific shares rose 2.8% to $77.64 in Thursday’s after-hours trading, rebounding after a record 17% plunge Wednesday on weak Q4 electrophysiology and Watchman sales. Citi and Wells Fargo lowered price targets but kept positive ratings. Fourth-quarter net sales reached $5.29 billion, with adjusted EPS of $0.80. The company expects 2026 adjusted EPS of $3.43–$3.49.
6 February 2026
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UnitedHealth stock slips after hours — here’s what could move UNH next

UnitedHealth stock slips after hours — here’s what could move UNH next

UnitedHealth shares fell 2.7% to $268.55 Thursday, with little change after hours, as investors reacted to Medicare Advantage reimbursement proposals. The Centers for Medicare & Medicaid Services set a Feb. 25 comment deadline and will announce final 2027 rates by April 6. UnitedHealth projected 2026 revenue above $439 billion, down from 2025 estimates. CEO Tim Noel called the proposed rate “disappointing.”
6 February 2026
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Walmart stock price slips after $1 trillion milestone as traders eye Feb. 19 earnings

Walmart stock price slips after $1 trillion milestone as traders eye Feb. 19 earnings

Walmart shares fell 0.8% to $126.94 in after-hours trading Thursday, after reaching a $1 trillion market cap earlier this week. Investors are watching for signals on demand and margins ahead of the retailer’s earnings report. Amazon’s expansion in groceries is intensifying competition. Executive Vice President Donna Morris sold 76,181 shares on Feb. 3 at $123.79 each, according to a regulatory filing.
6 February 2026
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ServiceNow (NOW) stock price slides again as ‘software-mageddon’ deepens — what’s next

ServiceNow (NOW) stock price slides again as ‘software-mageddon’ deepens — what’s next

ServiceNow shares fell 7.6% to $102.63 in after-hours trading Thursday as U.S. software stocks extended losses, with the S&P 500 software and services index down 4.6%. The index has lost about $1 trillion in market value since Jan. 28 amid concerns over AI disruption and spending cuts. Traders await the delayed U.S. jobs report on Feb. 11 and CPI data on Feb. 13.
6 February 2026
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AppLovin stock price slips after hours as CloudX launch and Wedbush target cut put Feb. 11 earnings in play

AppLovin stock price slips after hours as CloudX launch and Wedbush target cut put Feb. 11 earnings in play

AppLovin shares fell 3.1% to $375.23 in after-hours trading Thursday, following a 16.1% drop the previous day. Wedbush cut its price target to $465 from $800, citing valuation reset and industry headwinds. Investors await Feb. 11 results as new AI-driven rivals like CloudX enter the market. Broader software stocks also slid amid concerns over AI spending and business model risks.
6 February 2026
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Lumentum stock price jumps after hours as AI optics orders keep NASDAQ:LITE in play

Lumentum stock price jumps after hours as AI optics orders keep NASDAQ:LITE in play

Lumentum Holdings shares jumped 8.4% to $504.42 in after-hours trading Thursday after reporting fiscal Q2 revenue of $665.5 million and GAAP earnings of $0.89 per share. The company disclosed an optical circuit switch backlog “well beyond $400 million” and a new co-packaged optics order for delivery in early 2027. Trading volume hit 8.5 million shares. Investors await further guidance at Lumentum’s March 17 briefing.
6 February 2026
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Robinhood stock tumbles nearly 10% as bitcoin breaks lower with earnings days away

Robinhood stock tumbles nearly 10% as bitcoin breaks lower with earnings days away

Robinhood shares fell 9.9% to $72.68 in after-hours trading Thursday as bitcoin’s sharp decline triggered a sell-off in crypto-related stocks. About 55.3 million Robinhood shares changed hands, with prices swinging between $69.82 and $79.87. Chief Brokerage Officer Steven Quirk sold 52,540 shares on Feb. 3 under a preset plan. Robinhood reports fourth-quarter results Feb. 10 after the close.
6 February 2026
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Stock Market Today

Montage Technology Class A stock slides — traders now fixate on its Hong Kong debut

Montage Technology Class A stock slides — traders now fixate on its Hong Kong debut

8 February 2026
Montage Technology’s Shanghai-listed shares fell 2.74% to 163.54 yuan Friday, extending losses before its Hong Kong debut. The company priced its H-share sale at HK$106.89, raising about HK$6.90 billion. Hong Kong’s public tranche was 707 times subscribed. In grey market trading, shares traded around HK$152.5, 43% above the offer price.
Suzhou TFC Optical (300394.SZ) stock: 3 signals to watch before China’s short, pre-holiday week

Suzhou TFC Optical (300394.SZ) stock: 3 signals to watch before China’s short, pre-holiday week

8 February 2026
Suzhou TFC Optical closed up 0.4% at 252.97 yuan Friday after heavy trading and sharp swings, ranking as the No. 2 most-traded Shenzhen stock via Stock Connect. Margin financing and securities lending fell, with net margin selling of 419 million yuan. Shanghai and Shenzhen markets will close Feb. 16–23 for the Spring Festival. The company expects 2025 net profit to rise 40–60% year-on-year.
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