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Artificial Intelligence News 6 February 2026 - 7 February 2026

Snowflake stock rebounds 7% after AI-software jitters; SNOW earnings next big test

Snowflake stock rebounds 7% after AI-software jitters; SNOW earnings next big test

Snowflake shares jumped 7.5% to $168.43 on Friday, recovering part of a three-day slide that saw the stock drop from $190.68 to $156.71. The rebound follows the company’s move to offer Anthropic’s Claude Opus 4.6 on its Cortex AI platform. Investors are watching for Snowflake’s quarterly results on Feb. 25 amid ongoing volatility in software stocks.
Goldman Sachs stock jumps on Anthropic AI-agent report as Dow clears 50,000

Goldman Sachs stock jumps on Anthropic AI-agent report as Dow clears 50,000

Goldman Sachs shares jumped 4.3% Friday after news the bank has worked with Anthropic for six months to build AI agents automating trade accounting and client onboarding. The stock closed at $928.75, helping push the Dow above 50,000 for the first time. Volume reached 2.5 million shares. Investors await delayed U.S. jobs and CPI data next week, seen as key for rate-cut bets.
Booking (BKNG) stock steadies after hours as AI worries split analysts

Booking (BKNG) stock steadies after hours as AI worries split analysts

Booking Holdings shares closed up 0.3% at $4,457.17 Friday, then slipped to near $4,452 after hours. Wall Street analysts remain split on whether generative AI threatens online travel agencies’ business models. Booking will report fourth-quarter and full-year results on Feb. 18. Investors are watching for updates on travel demand and guidance.
Salesforce (CRM) stock ticks up after hours as AI jitters fade — Feb. 25 earnings are the next test

Salesforce (CRM) stock ticks up after hours as AI jitters fade — Feb. 25 earnings are the next test

Salesforce shares rose 0.8% to $191.35 in after-hours trading Friday after a turbulent week for software stocks. The S&P 500 Software & Services index gained 2.4% but ended the week down 8%, its worst since March 2020. Investors are watching for Salesforce’s quarterly and full-year results on February 25 amid concerns that new AI tools could pressure older software products.
Western Digital stock jumps nearly 9% — WDC rally turns on targets, AI storage talk

Western Digital stock jumps nearly 9% — WDC rally turns on targets, AI storage talk

Western Digital shares jumped 8.6% to $282.58 in after-hours trading Friday after Cantor Fitzgerald raised its price target to $420 following the company’s Innovation Day. The stock rebounded alongside gains in tech and storage peers. CEO Irving Tan sold 17,201 shares worth about $5.1 million on Feb. 2 under a pre-arranged plan. Investors await jobs and CPI data next week.
ServiceNow stock price falls again as Wall Street redraws the AI winners list

ServiceNow stock price falls again as Wall Street redraws the AI winners list

ServiceNow shares fell 1.8% to $100.74 Friday, capping a volatile week for software stocks as investors debated AI’s impact on subscription software. The S&P 500 Software & Services index dropped 13% in a week, erasing over $800 billion in value. ServiceNow slid 12% this week, while hardware stocks tied to AI data centers held steadier. Investors are watching upcoming tech conference appearances for further signals.
Lumentum (LITE) stock jumps after-hours as AI optics trade stretches into next week

Lumentum (LITE) stock jumps after-hours as AI optics trade stretches into next week

Lumentum Holdings shares jumped 9.3% to $551.99 in after-hours trading Friday after reporting fiscal Q2 revenue of $665.5 million and forecasting Q3 revenue of $780–$830 million. Analysts raised price targets following the upbeat outlook. A Form 144 filing disclosed a planned sale of 4,849 shares. Trading volume reached about 6.7 million shares.
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 surged nearly 8% Friday, lifting the Dow above 50,000 for the first time, as chip stocks rallied. Amazon shares fell after the company projected 2026 capital spending would jump to $200 billion to expand AI infrastructure. The S&P 500 and Nasdaq also closed higher, while software stocks continued to slide.
Google stock price slips after-hours as Alphabet’s $185 billion AI spending plan stays in focus

Google stock price slips after-hours as Alphabet’s $185 billion AI spending plan stays in focus

Alphabet Class C shares fell 2.5% to $323.10 in after-hours trading Friday, trailing gains in major U.S. stock benchmarks. The company told investors it expects 2026 capital expenditures of $175–185 billion, far above analyst forecasts. Some analysts warned the spending could cut free cash flow by over 90%. Google Cloud revenue rose 48% to $17.7 billion in the December quarter.
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

Broadcom shares jumped 7% to $332.92 in after-hours trading Friday, outpacing other large tech stocks as chipmakers rallied. Alphabet projected 2026 capital spending of up to $185 billion, while Amazon outlined a $200 billion outlay, both focused on AI infrastructure. Amazon shares fell after its announcement. Investors weighed strong AI hardware demand against concerns over surging costs.
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Stock Market Today

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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