Today: 7 February 2026
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Khadija Saeed

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

Western Digital stock bounces as Fidelity discloses 10.1% stake; eyes turn to Jan. 22 earnings

Western Digital stock bounces as Fidelity discloses 10.1% stake; eyes turn to Jan. 22 earnings

NEW YORK, January 9, 2026, 12:11 (EST) — Regular trading session Western Digital Corp shares climbed Friday after a regulatory filing showed Fidelity’s FMR LLC owned more than 10% of the data storage maker. The broader storage group also bounced back following Thursday’s pullback. Western Digital was up 1.7% at $190.87 as of 12:11 p.m. EST. The move follows Western Digital’s 6.1% drop a day earlier, after investors cashed in gains in AI-linked memory and storage stocks that had run up earlier in the week, Reuters reported. Swings like that are now routine for the group, where positioning can flip
9 January 2026
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Lockheed Martin stock jumps as Trump order targets defense buybacks and dividends; earnings next

Lockheed Martin stock jumps as Trump order targets defense buybacks and dividends; earnings next

NEW YORK, January 9, 2026, 12:10 EST — Regular session Lockheed Martin shares climbed 4.2% to $539.96 on Friday, bouncing between $523.27 and $543.00 early in New York as defense names stayed volatile on fresh White House pressure over contractor payouts. Shares moved as U.S. defense contractors started seeking legal advice after President Donald Trump signed an executive order linking dividends, share buybacks and executive pay to weapons delivery schedules, sources told Reuters. Morgan Stanley analyst Kristine Liwag described the policy mix as “carrots and sticks,” while a federal contracting lawyer said companies could face pressure as the administration looks
9 January 2026
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Visa stock slips as activist group presses for an “independent chair” vote

Visa stock slips as activist group presses for an “independent chair” vote

New York, Jan 9, 2026, 12:06 PM EST — Regular session Visa shares were down 0.5% at $350.57 on Friday, easing with other consumer-finance names as investors weighed a shareholder push to lock in a permanent separation between the company’s chief executive and board chair roles. Mastercard was little changed and American Express fell about 0.8%. The National Legal and Policy Center, in an “exempt solicitation” filing with the U.S. SEC, urged shareholders to back Proposal 5 on Visa’s 2026 proxy ballot. The proposal asks Visa to adopt a policy requiring that the CEO and chair jobs be held by
9 January 2026
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Merck (MRK) stock today: $32 billion Revolution talks and CDC vaccine shift put Feb. 3 in play

Merck (MRK) stock today: $32 billion Revolution talks and CDC vaccine shift put Feb. 3 in play

New York, January 9, 2026, 12:09 EST — Regular session Merck & Co Inc shares were up about 0.4% at $111.41 on Friday as investors weighed a report that the drugmaker is in talks to buy cancer biotech Revolution Medicines in a deal valued at $28 billion to $32 billion. Revolution shares jumped nearly 16% in extended trading on Thursday after the Financial Times report, which said talks were not final and could still take weeks, with other large drugmakers still circling; Merck and Revolution did not respond to requests for comment. The potential acquisition would be the biggest in
9 January 2026
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Robinhood stock edges higher after Argus starts coverage; CEO share sale filing hangs over

Robinhood stock edges higher after Argus starts coverage; CEO share sale filing hangs over

New York, Jan 9, 2026, 11:51 EST — Regular session Robinhood Markets, Inc. shares ticked up on Friday after Argus initiated coverage of the online broker with a buy rating and a $145 price target, giving bulls fresh copy even as insider selling stayed in view. (MarketScreener) The move came with U.S. stocks broadly higher after a softer-than-expected December jobs report kept bets on interest-rate cuts alive, giving higher-beta financial names some air. Traders were also keeping an eye on an expected U.S. Supreme Court decision on President Donald Trump’s tariffs, a possible source of sudden volatility. (Reuters) Barclays, meanwhile,
9 January 2026
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Exxon Mobil (XOM) stock ticks up as filing flags up to $1.2 bln Q4 upstream hit

Exxon Mobil (XOM) stock ticks up as filing flags up to $1.2 bln Q4 upstream hit

NEW YORK, Jan 9, 2026, 11:39 EST — Regular session Exxon Mobil (XOM) shares rose 0.6% to $123.63 on Friday after the oil major said lower crude prices could cut fourth-quarter upstream earnings — its oil and gas production business — by about $800 million to $1.2 billion. It also said stronger refining margins, the gap between crude costs and fuel prices, could lift earnings by $300 million to $700 million, while restructuring charges may shave about $200 million. Analysts expect adjusted earnings of $1.66 per share; “many brokers, including us, have yet to mark to market,” Scotiabank analysts wrote.
9 January 2026
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Rocket Lab stock jumps today despite $103 million CFO sale filing: what RKLB traders watch next

Rocket Lab stock jumps today despite $103 million CFO sale filing: what RKLB traders watch next

New York, Jan 9, 2026, 11:43 EST — Regular session Rocket Lab Corp shares rose 4.6% to $86.87 in late morning trading on Friday, bouncing after a dip a day earlier as investors weighed heavy insider selling disclosed in regulatory filings. (MarketBeat) The moves matter because Rocket Lab’s rally into year-end has made the stock sensitive to supply — and headlines — when top executives sell. Shares had fallen 1.2% on Thursday to $83.08, after touching $82.26, MarketBeat data showed. A Form 4 filing showed Chief Financial Officer Adam C. Spice sold 1,365,665 shares on Jan. 5 at weighted-average prices
9 January 2026
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Bloom Energy stock jumps again as $2.65B AEP fuel-cell order keeps Wyoming data-center trade in focus

Bloom Energy stock jumps again as $2.65B AEP fuel-cell order keeps Wyoming data-center trade in focus

NEW YORK, Jan 9, 2026, 11:26 EST — Regular session Bloom Energy Corp shares rose 3.6% to $126.23 in late morning trading after hitting an earlier high of $129.96. The session low was $120.62. The move comes after American Electric Power disclosed that its unit will exercise a substantial portion of its option for Bloom’s solid oxide fuel cells — systems that generate electricity on-site from fuel such as natural gas, rather than by burning it in a turbine. AEP also said it has a 20-year agreement with an unnamed customer to take all the output from a fuel-cell generation
9 January 2026
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GE Vernova stock nudges higher as Baird downgrade flags turbine oversupply fears

GE Vernova stock nudges higher as Baird downgrade flags turbine oversupply fears

NEW YORK, Jan 9, 2026, 11:48 EST — Regular trading GE Vernova (GEV) shares added 0.3% to $630.53 in late morning trading on Friday after Baird downgraded the power-equipment maker and lowered its price target to $649 from $816. Baird analyst Ben Kallo said worries about power capacity oversupply were “shifting sentiment” on the stock. (TipRanks) The move matters because GE Vernova has turned into a crowded trade tied to booming electricity demand from artificial intelligence and other data-heavy uses, squeezing supplies of grid equipment and gas turbines. In December, the company forecast 2026 revenue of $41 billion to $42
9 January 2026
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Walmart stock pops in regular trade after board adds Superhuman CEO as investors size up next catalysts

Walmart stock pops in regular trade after board adds Superhuman CEO as investors size up next catalysts

New York, January 9, 2026, 11:30 EST — Regular session Walmart Inc. stock rose about 1.4% to $114.60 on Friday morning, after the retailer added technology executive Shishir Mehrotra to its board as it sharpens its push into tech and e-commerce. Chairman Greg Penner said the company remains focused on a “people-led, tech-powered approach.” (Walmart News & Leadership) The move matters now because Walmart is leaning harder into services that can drive repeat traffic and stickier spending, even if shoppers stay cautious. This week it launched “Better Care Services,” a digital front door to third-party providers and other health offerings,
9 January 2026
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Lockheed Martin stock jumps on Trump defense budget boost, but buyback curbs hang over LMT

Lockheed Martin stock jumps on Trump defense budget boost, but buyback curbs hang over LMT

NEW YORK, Jan 9, 2026, 11:28 EST — Regular session Lockheed Martin (LMT.N) shares were up 4.5% at $541.92 in late morning trading on Friday. The bounce comes as investors digest a White House push to tighten the screws on the defense industry’s payouts while promising more money for weapons. Trump signed an executive order, “Prioritizing the Warfighter in Defense Contracting,” that links executive pay, dividends and share buybacks to delivery schedules, and contractors have been calling lawyers about how it might be enforced, three sources told Reuters. White House spokeswoman Anna Kelly said the “days of defense contractors prioritizing
9 January 2026
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Eli Lilly stock (LLY) slips as Ventyx deal, Zepbound arthritis data and TuneLab AI tie-up come into view

Eli Lilly stock (LLY) slips as Ventyx deal, Zepbound arthritis data and TuneLab AI tie-up come into view

New York, Jan 9, 2026, 11:27 EST — Regular trading Eli Lilly and Company (LLY) shares were down about 0.4% at $1,081 in morning trade on Friday. The drugmaker said this week it will buy autoimmune developer Ventyx Biosciences for $1.2 billion in cash, bringing oral candidates for inflammatory bowel disease into its pipeline. The $14-a-share offer is slated to close in the first half of 2026, and Cantor Fitzgerald analyst Carter Gould described the price as “borderline immaterial” for Lilly. (Reuters) Lilly’s stock has been trading on the next act as much as the drugs it’s selling today. With
9 January 2026
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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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