Khadija Saeed

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

Qualcomm stock rises as Volkswagen lines up long-term Snapdragon infotainment deal

Qualcomm stock rises as Volkswagen lines up long-term Snapdragon infotainment deal

New York, Jan 8, 2026, 15:04 EST — Regular session QUALCOMM Incorporated shares rose 1.3% on Thursday after Volkswagen said it signed a letter of intent that could make the U.S. chip designer a core supplier for the carmaker’s next software platform. The stock was up at $182.54, after trading between $176.51 and $184.29, even as the Nasdaq-leaning QQQ fell 0.8% and the iShares Semiconductor ETF slid about 1.8%. The Volkswagen tie-up lands as Qualcomm tries to prove it can grow beyond smartphones, where demand still swings with handset launches and upgrade cycles. Auto “wins” can lock in business for
Goldman Sachs stock slips as Apple Card handoff puts a Q4 earnings bump on the table

Goldman Sachs stock slips as Apple Card handoff puts a Q4 earnings bump on the table

New York, January 8, 2026, 14:57 EST — Regular session Goldman Sachs shares were down 0.7% on Thursday after The Goldman Sachs Group, Inc. said it struck an agreement to transition the Apple Card program and associated accounts to JPMorgan Chase’s Chase. Goldman said the move should lift its fourth-quarter 2025 earnings by about $0.46 a share, driven by a $2.48 billion release of loan-loss reserves — money set aside for expected credit losses — even as it takes a $2.26 billion hit to net revenue tied to markdowns and contract costs. Goldman Sachs The timing matters for traders because
Thermo Fisher Scientific stock edges lower as TD Cowen lifts target and JPM conference nears

Thermo Fisher Scientific stock edges lower as TD Cowen lifts target and JPM conference nears

New York, January 8, 2026, 14:40 EST — Regular session Thermo Fisher Scientific Inc (TMO) shares slipped 0.25% to $615.61 on Thursday afternoon after touching $623.20 earlier in the session. About 1.5 million shares had changed hands. The pullback comes after a sprint that pushed the stock to a record close of $620.72 on Tuesday, when it notched a fresh 52-week high. Investors are now leaning into the next batch of signals, with little room for muddle. MarketWatch TD Cowen raised its price target on Thermo Fisher to $696 from $654 and kept a Buy rating, according to a note
Dell (DELL) stock slips after CES “AI PC” reality check; here’s what traders watch next

Dell (DELL) stock slips after CES “AI PC” reality check; here’s what traders watch next

New York, January 8, 2026, 14:39 EST — Regular session Dell Technologies Inc (NYSE: DELL) shares fell 1.3% to $118.46 on Thursday afternoon after dipping as low as $114.79, a slide of about 4.4% at the session trough. The tech-heavy Invesco QQQ ETF was down about 0.8%, while PC rival HP Inc rose about 3.2%. The moves matter now because the PC industry has leaned on “AI PCs” — laptops with neural processing units (NPUs) meant to handle some AI tasks on the device — to spark a new upgrade cycle. Investors have also started to separate AI winners from
Eaton stock slips after Barclays cuts target as rate bets stay in play

Eaton stock slips after Barclays cuts target as rate bets stay in play

New York, January 8, 2026, 14:42 EST — Regular session Shares of Eaton Corporation plc (ETN) fell about 0.8% on Thursday after Barclays lowered its price target on the power-management company. Barclays analyst Julian Mitchell cut the target to $350 from $362 and kept an Equal Weight rating, an in-line call; Eaton was down $2.53 at $320.14 in afternoon trade. TipRanks The move lands as investors keep tying the stock to the path of U.S. interest rates and the durability of data-center spending. Fed Governor Stephen Miran said he is looking for about 150 basis points, or 1.5 percentage points,
GE Aerospace stock slides 4% after early pop as Boeing MAX 10, earnings loom

GE Aerospace stock slides 4% after early pop as Boeing MAX 10, earnings loom

New York, Jan 8, 2026, 14:29 EST — Regular session GE Aerospace shares fell about 4% on Thursday afternoon, wiping out an early climb and pulling the stock back into the low-$300s. The shares were down $12.97 at $310.67 after trading as high as $330.06. The move matters because investors are walking into a tight cluster of near-term catalysts that can swing expectations for engine makers. GE Aerospace sells jet engines, but much of the focus sits on the aftermarket — plain-English: repairs, shop visits and spare parts — where revenue tends to be steadier once planes are flying. A
EQT stock slides as U.S. natural gas prices fall after big storage draw

EQT stock slides as U.S. natural gas prices fall after big storage draw

NEW YORK, Jan 8, 2026, 14:24 EST — Regular session EQT Corp (EQT.N) shares slid on Thursday as U.S. natural gas prices fell, pressuring gas-heavy producers after a volatile week in the futures market. The stock was down 4.2% at $52.20 in afternoon trade, while front-month Henry Hub gas futures hovered around $3.388 per million British thermal units (mmBtu), down about 4%. That link matters right now because winter heating demand is still the swing factor for prices, and traders have been reacting fast to each shift in the forecast. U.S. gas futures jumped 4.3% on Wednesday to settle at
XRP price slips after WisdomTree pulls SEC filing — and Friday’s jobs report looms

XRP price slips after WisdomTree pulls SEC filing — and Friday’s jobs report looms

NEW YORK, Jan 8, 2026, 14:34 EST — Regular session XRP fell on Thursday after WisdomTree asked U.S. regulators to pull its registration for a proposed XRP fund, a filing that traders read as a small but real check on the rush to wrap crypto in stock-market products. XRP was down about 1.8% at $2.14, after trading as low as $2.07 and as high as $2.19. SEC The filing matters because exchange-traded funds, or ETFs, have become the easiest on-ramp for large pools of capital that still won’t touch tokens directly. A withdrawal doesn’t settle anything on its own, but
Home Depot stock jumps 3% as CES Hubspace partnerships land and jobs report looms

Home Depot stock jumps 3% as CES Hubspace partnerships land and jobs report looms

NEW YORK, January 8, 2026, 13:46 EST — Regular session Home Depot shares climbed 3.5% to $361.25 at 1:46 p.m. EST on Thursday, lifting a Dow-heavy lineup even as the tech-heavy Nasdaq was under pressure. The S&P 500 tracker was little changed while the Nasdaq 100 ETF slipped about 0.7%. The bounce matters because Home Depot sits close to the fault line between rates, jobs and home spending, and traders are trying to pin down how fast that cycle turns. Weekly jobless claims edged up to 208,000, while a Chicago Fed estimate put December’s unemployment rate at 4.6% ahead of
Applied Digital stock jumps as AI data center revenue tops estimates and new hyperscaler talks surface

Applied Digital stock jumps as AI data center revenue tops estimates and new hyperscaler talks surface

New York, Jan 8, 2026, 13:49 EST — Regular session Applied Digital (APLD) shares rose 8.2% to $31.99 in afternoon trading on Thursday after the data-center operator posted a sharp rise in quarterly revenue. The stock hit a session high of $35.44 and about 70 million shares had traded. The report lands in a market obsessed with power: AI models need vast compute, and compute needs electricity and cooling. Investors have been quick to punish any hint of delays, and quick to pay up for signed capacity. Applied Digital builds high-performance computing sites and rents power and space to customers
Nvidia stock slides on China H200 prepayment push as investors weigh export risk

Nvidia stock slides on China H200 prepayment push as investors weigh export risk

NEW YORK, January 8, 2026, 14:25 EST — Regular session Nvidia shares fell about 2.7% on Thursday after the AI chipmaker tightened payment terms for its H200 processors sold into China, demanding full upfront payment and barring cancellations or refunds, sources briefed on the matter told Reuters. The stock traded at $184.03, near the day’s low of $183.86. Beijing has asked some tech companies to pause H200 orders while regulators decide how many domestic chips buyers must purchase alongside each order, the report said. Reuters The move matters because China is again a live swing factor for Nvidia’s growth story,
Merck stock climbs on Wolfe upgrade as Cidara deal closes and Gardasil questions linger

Merck stock climbs on Wolfe upgrade as Cidara deal closes and Gardasil questions linger

New York, Jan 8, 2026, 13:46 EST — Regular session Merck & Co shares rose 1.5% to $110.20 in afternoon trading on Thursday after Wolfe Research upgraded the drugmaker, outpacing a softer health-care sector. The stock traded as high as $112.08 and as low as $107.94, while AbbVie slid about 3.9% and the S&P 500 ETF was little changed. The move comes as investors try to sort out two cross-currents: Merck’s push to broaden its pipeline and a fast-moving U.S. debate over vaccine policy that touches one of its biggest franchises. Merck said it will report fourth-quarter and full-year 2025

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.
Go toTop