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TWSE:2344 6 February 2026

Applied Materials stock jumps nearly 6% as Citi lifts target to $400, eyes turn to Feb. 12 earnings

Applied Materials stock jumps nearly 6% as Citi lifts target to $400, eyes turn to Feb. 12 earnings

Applied Materials shares rose 5.7% to $321.20 by midday after Citi raised its price target to $400 and kept a Buy rating ahead of the Feb. 12 earnings report. Traders are focused on guidance for chip-factory investment and demand from China. Peers Lam Research and KLA also posted strong gains.
6 February 2026
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Stock Market Today

  • Toast (TOST) Surges on Strong Q3 Earnings Beat and Upgraded Outlook
    June 8, 2026, 8:15 AM EDT. Toast (TOST), a cloud-based restaurant point-of-sale system provider, surged to multi-year highs, now up over 100% in 2024 after a robust Q3 earnings beat. The company reported EPS of $0.07 versus $0.01 expected and raised its full-year adjusted EBITDA guidance to $352 million from $285-$305 million. Revenues hit $1.31 billion, beating estimates. Key metrics include a 24% year-on-year increase in Gross Payment Volume and a 28% rise in annual Recurring Revenue. Management added 7,000 net new locations, reaching 127,000 total. Analyst optimism grew, with earnings estimates for next year moving positive at $0.33 and price targets raised by JPMorgan, Morgan Stanley, and Wedbush. Strong growth and momentum underpin investor confidence in Toast's expansion in the competitive restaurant tech space.

Latest articles

SoFi Stock Trades Near $16 as Market Watches Monday’s Open

SoFi Stock Trades Near $16 as Market Watches Monday’s Open

8 June 2026
SoFi hovered near $16 in pre-market trading after a sharp drop last week, as investors weighed record Q1 growth against unchanged 2026 guidance and credit risks; shares sit far below their 52-week high, with CEO Noto citing persistent inflation and no expected rate cuts as reasons for not raising forecasts, leaving pressure on Monday’s regular session to halt the slide.
Marvell Heads Higher Ahead of S&P 500 Inclusion

Marvell Heads Higher Ahead of S&P 500 Inclusion

8 June 2026
Marvell Technology surged 7% premarket after S&P Dow Jones Indices said it will join the S&P 500 on June 22, triggering forced buying by index funds; shares traded at $282.50, up from $263.47, as investors responded to record AI-driven revenue, raised outlooks, and the prospect of broad portfolio inclusion.
FuelCell Energy Down 19% as AI Test Looms

FuelCell Energy Down 19% as AI Test Looms

8 June 2026
FuelCell Energy stock plunged 19.02% Friday to $17.33 ahead of Monday’s fiscal Q2 results, as investors await proof that AI data-center demand is translating into real orders and revenue; analysts expect a $0.52 per share loss on $40.5 million revenue, with focus on backlog, cash use, and whether recent gains—up 137% in 2026—are sustainable amid index inclusion and sector volatility.
Dreamland Stock Gains in Pre-Market Trading After Reverse Split

Dreamland Stock Gains in Pre-Market Trading After Reverse Split

8 June 2026
Dreamland shares jumped 62% in U.S. pre-market trading after announcing a 1-for-25 reverse stock split effective June 15 to address Nasdaq minimum-bid compliance, following a 38.7% plunge Friday and a recent 52-week low, as the company faces ongoing risks of delisting and liquidity challenges.
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