Today: 18 July 2026
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Stock Market 6 February 2026 - 7 February 2026

IREN stock whipsaws after earnings as bitcoin rebounds; Microsoft GPU financing in focus

IREN stock whipsaws after earnings as bitcoin rebounds; Microsoft GPU financing in focus

IREN Limited reversed earlier losses and pushed higher after hours Friday, tracking a sharp rally in bitcoin that helped lift crypto-related stocks. Shares bounced 5.1% to $41.83, having touched both $33.64 and $44.18 earlier. Bitcoin surged 11.4% to around $71,198, and names like Marathon Digital, Riot Platforms, and CleanSpark all jumped nearly 20%.
AI stocks snap back: Nvidia surges, Dow clears 50,000 as Amazon’s AI spend spooks investors

AI stocks snap back: Nvidia surges, Dow clears 50,000 as Amazon’s AI spend spooks investors

Nvidia and several other chipmakers connected to AI soared Friday, driving the Dow Jones Industrial Average past the 50,000 mark for the first time. Amazon slipped, though, fueling debate among investors about how much the AI ramp-up is costing. The S&P 500 and Nasdaq snapped their three-day losing streaks, both closing in the green.
Dow Jones breaks 50,000 for first time as Nvidia rebounds; Wall Street turns to delayed jobs report

Dow Jones breaks 50,000 for first time as Nvidia rebounds; Wall Street turns to delayed jobs report

The Dow Jones Industrial Average finally cracked 50,000 on Friday, closing at 50,115.67 for a 2.47% jump as chip stocks drove a rally. Nvidia surged 7.8%, fueling moves in both the S&P 500 and Nasdaq. Amazon dropped 5.6%. Molina Healthcare shares plunged 25.5% after the company issued a weaker outlook for 2026. “There’s enough evidence that there’s real demand for AI products,” said Ross Mayfield, investment strategy analyst at Baird.
Broadcom stock jumps 7% as Big Tech’s AI spending plans revive chip trade

Broadcom stock jumps 7% as Big Tech’s AI spending plans revive chip trade

Shares of Broadcom jumped roughly 7% to $332.92 in after-hours action on Friday, fueled by renewed optimism that heavy spending on artificial intelligence by major tech players is still picking up steam. “There’s enough evidence that there’s real demand for AI products,” said Ross Mayfield, an investment strategy analyst at Baird. https://www.reuters.com/business/futures-stabilize-after-tech-rout-amazon-slides-ai-capex-lift-2026-02-06/
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