Khadija Saeed

A dedicated markets reporter, she covers stocks, macroeconomics, and major business developments with a sharp eye for detail and accuracy.

SpaceX lines up back-to-back Starlink launches from Florida as orbit crowding comes into focus

SpaceX lines up back-to-back Starlink launches from Florida as orbit crowding comes into focus

SpaceX plans to launch 29 Starlink satellites from Cape Canaveral on Jan. 10, following another Starlink mission scheduled for Jan. 8. If both flights proceed, 58 satellites would be added in three days. The company says it is lowering satellite orbits to reduce debris risks as its constellation grows, with over 9,300 Starlinks active as of Jan. 2. Launches use flight-proven Falcon 9 boosters and target droneship landings.
8 January 2026
Rocket Companies stock holds near 52-week high after Barclays target hike; mortgage apps drop

Rocket Companies stock holds near 52-week high after Barclays target hike; mortgage apps drop

Rocket Companies shares closed up 0.3% at $21.28 after volatile trading on heavy volume, with the stock up about 10% year-to-date. Barclays raised its price target to $22 but maintained a neutral rating. Mortgage applications fell 9.7% over the holiday-adjusted period, even as rates dropped to 6.25%. Director Matthew Rizik sold 5,000 shares under a pre-set trading plan.
Adobe stock rises as holiday online sales hit $257.8B and AI shopping traffic jumpsAdobeAdobe stock rises as holiday online sales hit $257.8B and AI shopping traffic jumps

Adobe stock rises as holiday online sales hit $257.8B and AI shopping traffic jumpsAdobeAdobe stock rises as holiday online sales hit $257.8B and AI shopping traffic jumps

Adobe shares rose 0.6% to $338.10 after its data showed U.S. online holiday spending hit $257.8 billion, beating forecasts. Buy-now-pay-later drove $20 billion in sales, and retail sites saw a 693% jump in AI shopping assistant traffic. Jefferies cut its rating on Adobe to Hold, citing rising competition from AI tools. The stock remains 28% below its 52-week high.
Verizon stock near $40: payrolls report, dividend date and Jan. 30 earnings in focus

Verizon stock near $40: payrolls report, dividend date and Jan. 30 earnings in focus

Verizon shares closed down 0.4% at $40.13 Wednesday, then edged to $40.15 after hours. The company will pay a 69-cent quarterly dividend on Feb. 2 to holders of record Jan. 12. Investors await Friday’s U.S. payrolls report and Verizon’s fourth-quarter results set for Jan. 30. A California hearing on the Frontier deal is also scheduled for Jan. 12.
D-Wave Quantum stock (QBTS) slides after $550 million Quantum Circuits deal puts dilution in focus

D-Wave Quantum stock (QBTS) slides after $550 million Quantum Circuits deal puts dilution in focus

D-Wave Quantum shares fell 3.4% to $30.20 after announcing a $550 million deal to acquire Quantum Circuits, split between $250 million cash and $300 million in stock. The agreement uses a VWAP collar to set share count and requires antitrust and NYSE approval. The deal aims to bring superconducting gate-model systems to market in 2026. Trading volume reached 36.5 million shares.
AT&T stock dips again as downgrade and spectrum filings sharpen focus on Jan. 28 earnings

AT&T stock dips again as downgrade and spectrum filings sharpen focus on Jan. 28 earnings

AT&T shares fell 1.5% to $23.97 Wednesday after Arete Research cut the stock to sell and set a $20 target. The company announced new 5G connected-car deals with Mitsubishi and iM Media Labs at CES. AT&T is seeking more 3.45 GHz spectrum and plans to move its headquarters to Plano, Texas by late 2028. Investors await fourth-quarter results on Jan. 28, with analysts expecting 47 cents per share in earnings.
Synopsys stock rises after CES automotive push as AI trade returns to tech

Synopsys stock rises after CES automotive push as AI trade returns to tech

Synopsys shares rose 2.2% to $519.70 in after-hours trading Wednesday after unveiling new automotive engineering tools and partnerships at CES 2026. The company highlighted updates to sensor simulation and virtual developer kits, plus work with Samsung and the FIA. A securities class action remains pending in federal court. Synopsys will present next at the Needham Growth Conference on Jan. 15.
SoFi stock steadies after $1.6 billion share sale as BofA stays cautious ahead of earnings

SoFi stock steadies after $1.6 billion share sale as BofA stays cautious ahead of earnings

SoFi shares edged up 0.1% to $27 in after-hours trading Wednesday, staying below the recent $27.50 offering price. Underwriters exercised an option to buy extra shares, bringing the total sold to nearly 57.8 million. Bank of America resumed coverage at underperform, while Barclays raised its target to $28. Investors await SoFi’s Jan. 30 earnings report.
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