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Stock Market 6 February 2026

Marvell shares rose 7.27% to $310.58 ahead of the Juneteenth break and will join the S&P 500, replacing Pool Corp. Optical networking stocks are drawing attention after a KeyBanc upgrade. ARK Investment Management bought $52 million worth of Snowflake shares after the company raised its outlook and announced a $6 billion, five-year deal with Amazon Web Services. SpaceX traded at $185, above its $135 IPO price but down from a recent high, with ARK’s buying activity linking Tesla and ETF flows, complicating fund exposure. The S&P 500 industrials sector outperformed, gaining 2.6% for the week, helped by cheaper oil that reduced transport costs, while the S&P 500 overall rose 0.9%. The Energy Select Sector SPDR Fund fell 6.6%, tracking a 7.7% drop in Brent crude to $80.57 a barrel. The Financial Select Sector SPDR rose 0.4%, lagging the S&P 500, while regional banks dropped 2.2%. The Federal Reserve kept rates steady at 3.50%-3.75% but signaled a possible hike later this year. AbbVie is close to acquiring Apogee Therapeutics for $10.9 billion in cash, with an announcement expected soon. The healthcare ETF XLV fell almost 3% for the week, and biotechnology stocks remain sensitive to interest rates. In Germany, advisers plan to recommend linking retirement age to life expectancy and creating a state-run capital fund, with Austria’s pension system as a reference point. The U.S. Air Force made its Global Hawk drone deployment at Yokota Air Base permanent, providing steady ISR capabilities near contested Pacific areas, though local resistance is a risk.
Morgan Stanley stock jumps as Dow breaks 50,000; what investors watch next week

Morgan Stanley stock jumps as Dow breaks 50,000; what investors watch next week

Morgan Stanley shares rose 2.6% to $180.49 Friday afternoon, rebounding after three days of declines. The move tracked a broad rally in U.S. bank stocks as the Dow Jones Industrial Average topped 50,000 for the first time. About 6 million Morgan Stanley shares traded hands. Investors await next week’s jobs and inflation data, along with a conference appearance by the bank’s wealth-management head.
6 February 2026
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SK Telecom stock drops 11% after earnings shock; dividend pause and treasury-share move in focus

SK Telecom stock drops 11% after earnings shock; dividend pause and treasury-share move in focus

SK Telecom shares fell 10.7% to 69,200 won Friday after reporting a sharp 2025 profit drop, citing cybersecurity and restructuring costs. The company withheld its Q4 dividend and set a 2025 payout of 1,661 won per share, pending shareholder approval. Nearly 3 million shares traded. SK Telecom also plans to transfer 195,245 treasury shares to settle executive stock options.
6 February 2026
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Adobe stock slides as AI “software-mageddon” drags on — what investors watch next

Adobe stock slides as AI “software-mageddon” drags on — what investors watch next

Adobe shares fell 1.1% to $266.51 in Friday afternoon trading, lagging a broader market rebound. A Vanguard filing disclosed a 10.1% stake in the company as of Jan. 30. Adobe reversed plans to discontinue its Animate app, keeping it in maintenance mode. Investors await Adobe’s March 12 earnings call for updates on AI-driven revenue.
6 February 2026
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Amazon stock slides on $200B AI spending shock — here’s what Wall Street watches next

Amazon stock slides on $200B AI spending shock — here’s what Wall Street watches next

Amazon shares fell about 7% to $207.13 Friday after the company announced plans to spend $200 billion on capital expenditures in 2026, far above consensus. The stock touched a session low of $200.44, with roughly $200 billion in market value at risk if losses persist. Amazon’s first-quarter operating income outlook missed analyst estimates. DA Davidson downgraded the stock and cut its price target.
6 February 2026
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Coca-Cola stock price flirts with a new high as KO drops Minute Maid frozen line and traders eye earnings

Coca-Cola stock price flirts with a new high as KO drops Minute Maid frozen line and traders eye earnings

Coca-Cola shares rose 0.5% to $78.93 Friday afternoon, near a 52-week high, as investors awaited Feb. 10 earnings and a Feb. 17 conference. The company said it will discontinue frozen products in the U.S. and Canada by early 2026. CEO James Quincey sold 337,824 shares on Feb. 3 under a pre-arranged plan. PepsiCo and Monster Beverage also traded higher.
6 February 2026
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Illumina (ILMN) stock slides 10% after 2026 outlook puts China, research demand back in focus

Illumina (ILMN) stock slides 10% after 2026 outlook puts China, research demand back in focus

Illumina shares dropped 10.3% to $119.91 after the company forecast 2026 revenue of $4.5–$4.6 billion and non-GAAP EPS of $5.05–$5.20. Management cited progress in China but said approvals are still needed for instrument sales. Fourth-quarter revenue rose 5% to $1.16 billion, with ex-China revenue up 8%. The company expects 2026 organic revenue growth of 2–4% excluding China.
6 February 2026
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Booking Holdings (BKNG) stock price lags Wall Street rally as AI fears resurface ahead of earnings

Booking Holdings (BKNG) stock price lags Wall Street rally as AI fears resurface ahead of earnings

Booking Holdings shares fell 0.9% to $4,403.52 Friday, trailing gains in the S&P 500 and Nasdaq 100 trackers. Wedbush cut its price target to $5,500, citing AI risks, while Baird called the week’s slide an overreaction. The stock is down 24% from its July high. Booking reports Q4 and full-year results on Feb. 18.
6 February 2026
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PayPal stock steadies in Friday trade as Wall Street digests CEO shake-up and target cuts

PayPal stock steadies in Friday trade as Wall Street digests CEO shake-up and target cuts

PayPal shares rose 0.8% to $40.23 Friday after a week of losses triggered by weak earnings, a CEO exit, and a gloomy 2026 outlook. Analysts cut price targets and flagged shrinking growth in PayPal’s branded checkout segment. Enrique Lores will become CEO March 1, with interim leadership by CFO Jamie Miller. Former president David Marcus criticized PayPal’s competitiveness as rivals gain ground.
6 February 2026
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Molina Healthcare stock dives 27% after 2026 profit outlook reset; Medicare Advantage exit looms

Molina Healthcare stock dives 27% after 2026 profit outlook reset; Medicare Advantage exit looms

Molina Healthcare shares plunged 27% to $129.77 after the company forecast 2026 adjusted EPS of at least $5.00, far below the $13.76 analyst consensus. Management cited higher medical costs and a sharp pullback in ACA Marketplace membership. The company posted a Q4 adjusted loss of $2.75 per share and plans to exit its Medicare Advantage Part D business in 2027.
6 February 2026
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Dow hits 50,000 as Amazon’s $200 billion AI spending plan spooks tech investors

Dow hits 50,000 as Amazon’s $200 billion AI spending plan spooks tech investors

The Dow briefly topped 50,000 for the first time Friday as chipmakers surged on AI data-center spending hopes. Amazon shares fell after announcing a $200 billion capital spending plan for 2026, raising concerns about profitability. Nvidia, AMD, and Broadcom each jumped over 7%. The S&P 500 rose 1.73% and the Nasdaq gained 1.91%.
6 February 2026
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CoreWeave stock price jumps 18% as AI-spending trade rebounds; CRWV earnings date set

CoreWeave stock price jumps 18% as AI-spending trade rebounds; CRWV earnings date set

CoreWeave shares jumped 18.3% to $88.31 Friday, rebounding after two days of steep losses. Trading volume hit 27.7 million by 3 p.m. EST. The surge followed Amazon’s $200 billion data center spending plan and Nvidia’s recent $2 billion investment in CoreWeave. The company also launched its first brand campaign and unveiled a new customer testing lab.
6 February 2026
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Thermo Fisher stock price today: TMO nudges higher after Thursday drop as investors eye next week’s data

Thermo Fisher stock price today: TMO nudges higher after Thursday drop as investors eye next week’s data

Thermo Fisher shares rose 0.6% to $545.58 Friday afternoon, recovering some ground after a 4% drop Thursday. The move lagged the broader market, with the S&P 500 up 1.73%. Investors remain cautious amid weak academic research funding and uncertain lab order trends. Upcoming U.S. jobs and inflation data could affect rate expectations and valuations.
6 February 2026
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Impinj stock dives 24% after outlook whiffs; Evercore slashes rating on PI

Impinj stock dives 24% after outlook whiffs; Evercore slashes rating on PI

Impinj shares fell 24.3% to $116.46 Friday after the company forecast a sharp first-quarter slowdown, citing inventory burn-down in logistics and weaker systems demand. Evercore ISI downgraded the stock and cut its price target to $112. Fourth-quarter revenue came in at $92.8 million, with first-quarter guidance of $71–$74 million. The stock hit an intraday low of $105.
6 February 2026
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Estee Lauder stock rebounds after brutal earnings selloff as Citi upgrade shifts focus to tariffs

Estee Lauder stock rebounds after brutal earnings selloff as Citi upgrade shifts focus to tariffs

Estee Lauder shares rose about 4% to $100.58 on Friday, recovering part of Thursday’s post-earnings drop. Citi upgraded the stock to “buy,” citing elevated expectations and travel retail disruptions as key factors in the selloff. The company reported fiscal Q2 net sales up 6% to $4.23 billion and reiterated a $100 million tariff hit to annual profit. U.S. demand and tariffs remain major concerns.
6 February 2026
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Stock Market Today

  • Constellation Software Down 39%: A Long-Term Buy for Canadian Investors
    June 21, 2026, 11:10 AM EDT. Constellation Software (TSX:CSU) has dropped 39% from its all-time high, presenting a buying opportunity for patient investors. The Canadian software company acquires niche, essential vertical market software firms and reinvests cash flow for growth. Despite a dividend yield under 0.2%, the focus is on capital gains from its durable business model. The stock decline aligns with a sector-wide 'SaaSpocalypse' driven by fears over artificial intelligence impact. However, management reports no significant customer losses due to AI; instead, AI tools have improved efficiency and growth. Constellation continues active acquisitions, with private market deal valuations stable, differing from public market panic. Its disciplined approach targets high returns on capital, making CSU appealing for a long-term hold.

Latest articles

Marvell set for S&P 500 entry after AI-driven jump

Marvell set for S&P 500 entry after AI-driven jump

21 June 2026
Marvell Technology surges 11% for the week and joins the S&P 500 on June 22, driven by a KeyBanc price target hike and a milestone shipment of over five million optical networking chips for AI data centers, with index fund buying and robust AI-related bookings fueling investor focus.
Mortgage rates fall to 6.47% as Iran deal relief meets Fed, Hormuz risks

Mortgage rates fall to 6.47% as Iran deal relief meets Fed, Hormuz risks

21 June 2026
U.S. 30-year fixed mortgage rates fell to 6.47%—the lowest in over a month—after a tentative U.S.-Iran accord eased energy-market fears, but the Federal Reserve’s inflation stance and renewed Strait of Hormuz tensions could quickly reverse the drop, keeping housing affordability tight and market moves volatile.
US shifts Global Hawk drone to Japan, stiffening Pacific watch

US shifts Global Hawk drone to Japan, stiffening Pacific watch

21 June 2026
The U.S. Air Force has permanently stationed three RQ-4B Global Hawk surveillance drones at Yokota Air Base near Tokyo, shifting from seasonal to year-round operations to boost U.S.-Japan intelligence gathering as regional military activity rises; local pushback over drone operations remains a key risk.
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