Shan Ahmed Khan

As a journalist focused on finance and the stock market, he delivers fast, reliable, and easy-to-understand coverage of market news.

Deckers Outdoor stock drops as Needham pulls DECK from Conviction List, putting Hoka growth back under a microscope

Deckers Outdoor stock drops as Needham pulls DECK from Conviction List, putting Hoka growth back under a microscope

NEW YORK, January 9, 2026, 15:10 (ET) — Regular session Deckers Outdoor (DECK) shares fell 4.2% on Friday, slipping to $102.85 in afternoon trading after an early pop faded and the stock turned lower. Shares swung between $108.72 and $102.18. The drop landed even as the broader market held firm, a sign traders were treating this as a stock-specific story. A weaker U.S. jobs report pushed investors to price in a longer pause in Federal Reserve rate cuts, a backdrop that can make growth stocks and consumer names twitchy. (Reuters) Needham analyst Tom Nikic on Thursday removed Deckers from the
Why Equity Residential stock is sliding today: BMO downgrade meets a $400 million asset sale

Why Equity Residential stock is sliding today: BMO downgrade meets a $400 million asset sale

New York, Jan 9, 2026, 15:26 EST — Regular session Equity Residential shares were down 3.8% at $60.46 by 3:26 p.m. EST, underperforming the broader apartment REIT group after BMO Capital cut its rating to “market perform” from “outperform.” (StreetInsider.com) The move lands on a day when rates-sensitive sectors were already on edge after fresh U.S. labor data showed payroll growth stayed soft in December and the unemployment rate eased to 4.4%. (Bureau of Labor Statistics) Treasury yields were little changed after the report, with the 10-year hovering around 4.18%, but even small swings in long-term rates can move REIT
Merit Medical (MMSI) stock slides 8% as founder exits chair role and early Q4 revenue lands

Merit Medical (MMSI) stock slides 8% as founder exits chair role and early Q4 revenue lands

NEW YORK, Jan 9, 2026, 14:49 EST — Regular session Merit Medical Systems, Inc. shares were down about 8.1% at $85.66 on Friday afternoon, after the Nasdaq-listed medical device maker released preliminary fourth-quarter revenue and confirmed a change at the top of its board. The stock hit a session low of $84.75. Merit said late Thursday its board appointed longtime director F. Ann Millner as chair, effective Jan. 5, after founder Fred P. Lampropoulos resigned as a director and chair on Jan. 4. The company also projected preliminary unaudited fourth-quarter revenue of about $389 million to $395 million and said
Twilio (TWLO) stock slides as CEO share-sale filing lands; February earnings loom

Twilio (TWLO) stock slides as CEO share-sale filing lands; February earnings loom

NEW YORK, Jan 9, 2026, 15:07 EST — Regular session Twilio shares fell on Friday after a regulatory filing showed Chief Executive Khozema Shipchandler sold stock under a pre-arranged trading plan. The stock was down 3.9% at $132.13, after earlier trading as high as $138.39. The disclosure matters now because Twilio has become a crowded, rate-sensitive software trade again, and investors are quick to react to any signal around insider activity. With the next earnings report weeks away, traders are trying to separate routine selling from a shift in tone ahead of 2026 guidance. The broader market was firmer after
Valero (VLO) stock slides as Venezuela oil talks loom and an analyst trims a target

Valero (VLO) stock slides as Venezuela oil talks loom and an analyst trims a target

NEW YORK, Jan 9, 2026, 14:39 (EST) — Regular trading Valero Energy shares fell 3.2% to $185.16 Friday afternoon, after hitting an intraday low of $182.70. Marathon Petroleum was off 0.1% and Phillips 66 dropped 1.1%. Piper Sandler lowered its Valero price target to $217 from $223 and stuck with an “overweight” rating, The Fly reported. (TipRanks) The pullback comes with traders watching Washington. The White House was convening a meeting on Friday with oil producers, refiners and trading houses to discuss potential investment in Venezuela’s energy sector, a White House official said. Valero and Marathon were among the companies
JOYY stock slips in late trade after Thursday pop; investors eye CPI and Fed next

JOYY stock slips in late trade after Thursday pop; investors eye CPI and Fed next

NEW YORK, Jan 9, 2026, 15:14 EST — Regular session JOYY Inc shares fell 4.3% to $66.44 in afternoon trade on Friday, after touching $70.25 a day earlier and closing Thursday up 3%. The stock traded between $66.55 and $69.42 on the day. (StockAnalysis) The drop outpaced a broader retreat in U.S.-listed China names, with the Nasdaq Golden Dragon China Index down 1.24%. Traders said the tape looked like profit-taking after a sharp run into the week’s highs. (Nasdaq Global Index Watch) Rate talk was back in focus after U.S. job growth slowed more than expected in December, while the
CRISPR Therapeutics stock slides after CFO share-sale filing; JPM conference next

CRISPR Therapeutics stock slides after CFO share-sale filing; JPM conference next

New York, Jan 9, 2026, 15:11 EST — Regular session CRISPR Therapeutics AG shares slid on Friday, bucking a firmer broader market, after a regulatory filing flagged a chief financial officer’s share sale under a pre-arranged trading plan. (Reuters) The company’s CFO, Raju Prasad, exercised stock options for 29,700 common shares and sold 29,700 shares the same day at prices around $60, a Form 4 filed on Jan. 8 showed. The filing indicated the sales were made under a Rule 10b5-1 plan, a preset trading instruction meant to limit allegations of trading on inside information. (SEC) The timing matters because
Costco Canada recall expands: Peace by Chocolate pistachio chocolates pulled over salmonella risk

Costco Canada recall expands: Peace by Chocolate pistachio chocolates pulled over salmonella risk

Ottawa, January 9, 2026, 14:59 EST Costco Wholesale Canada told customers who bought certain Peace by Chocolate gift boxes online to stop eating two pistachio-containing chocolates, after an ingredient supplier triggered a warning over possible Salmonella contamination. The “voluntary, precautionary” recall covers Our Classic Box – 15 assorted filled chocolates (lot codes — the batch numbers on the packaging — 25284/2026OC11, 25297/2026OC24, 25247/2026SE04, 25251/2026SE08, 25329/2026NO25) and The Harmony Bar (25245/2027FE28, 25322/2027MA18, 25300/2027AL22, 25280/2027AL06, 25281/2027AL06) included in Peace by Chocolate Small and Medium Bestsellers Boxes purchased on Costco.ca between Sept. 7 and Dec. 3, the notice showed. (Costco Customer Service) The
9 January 2026
Why Abercrombie & Fitch stock is sliding today despite a UBS target hike

Why Abercrombie & Fitch stock is sliding today despite a UBS target hike

New York, Jan 9, 2026, 14:54 EST — Regular session Abercrombie & Fitch shares fell about 3.7% to $125.09 in afternoon trading on Friday, after swinging between $133.16 and $124.17. The drop came as investors digested a weaker-than-expected U.S. jobs report that pulled attention back to the health of the consumer — and the path for interest rates. “Hiring is still stuck in stall speed,” said Olu Sonola, head of U.S. economic research at Fitch Ratings, after payrolls rose 50,000 in December; the report also showed job losses in retail and left expectations intact for the Federal Reserve to hold
Scorpio Tankers stock slips as BofA downgrade revives “peak rates” debate

Scorpio Tankers stock slips as BofA downgrade revives “peak rates” debate

New York, Jan 9, 2026, 14:45 EST — Regular session Shares of Scorpio Tankers Inc fell about 2.3% on Friday after Bank of America Securities cut its rating on the product tanker operator, pointing to signs the freight market may be closer to a top. The stock was down $1.32 at $54.86 in afternoon trading. The call matters because tanker stocks can move fast when analysts start leaning the other way on day rates, which drive earnings for many shipping owners. Scorpio’s shares had climbed in recent sessions, leaving less room for disappointment when the next set of rate and
HealthEquity stock slides after Goldman Sachs downgrade; HQY earnings watch shifts to March

HealthEquity stock slides after Goldman Sachs downgrade; HQY earnings watch shifts to March

New York, Jan 9, 2026, 14:28 EST — Regular session Shares of Nasdaq-listed HealthEquity (HQY) fell 2.9% to $95.64 in afternoon trade on Friday after Goldman Sachs cut its rating to sell from neutral and set an $89 price target. The stock hit a session low of $92.97 before it pared some of the drop. (GuruFocus) The downgrade lands at a touchy moment for the name: the Goldman analyst argued 2026 may bring a “return to normalized patterns” where organic growth — growth without acquisitions — drives how investors price the stock. He also warned the valuation multiple, the price
Nuvation Bio stock falls as UBS starts coverage; NUVB investors eye JPM conference next week

Nuvation Bio stock falls as UBS starts coverage; NUVB investors eye JPM conference next week

New York, Jan 9, 2026, 14:36 (EST) — Regular session Nuvation Bio Inc (NUVB) shares slid about 4.7% to $8.05 Friday afternoon, after earlier hitting a session low of $8.05. The stock’s pullback follows new sell-side takes on a name that’s been re-rated since shifting into the commercial stage. UBS started coverage at Neutral with a $10 price target. RBC, meanwhile, lifted its target to $9 from $8 and maintained an Outperform rating, calling the stock “speculative risk.” (MarketScreener) UBS analyst Michael Yee said the bigger picture is starting to turn, arguing biotech “fundamentals are now inflecting” as investor confidence
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Stock Market Today

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 07.02.2026

7 February 2026
LIVEMarkets rolling coverageStarted: February 7, 2026, 12:00 AM ESTUpdated: February 7, 2026, 12:27 AM EST Dollar Dips as Stocks Rally and US Data Influences Fed Rate Expectations February 7, 2026, 12:18 AM EST. The **dollar index** fell 0.17%, pressured by a rebound in equity markets reducing demand for the safe-haven currency. Weaker-than-expected U.S. labor market data raised the odds of a Fed rate cut to 18% for March, though consumer sentiment improved to a six-month high, limiting losses. Hawkish comments from Atlanta Fed's Raphael Bostic emphasized maintaining restrictive monetary policy. The dollar faces medium-term weakness amid expectations for rate cuts
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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