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.

IREN stock jumps in midday trade as rate-cut bets keep high-beta names in play

IREN stock jumps in midday trade as rate-cut bets keep high-beta names in play

New York, Jan 9, 2026, 12:45 EST — Regular session IREN Limited shares rose about 7% to $48.90 on Friday, extending a choppy week for the Nasdaq-listed stock as traders leaned back into higher-risk names. Bitcoin was little changed near $91,067, while peers were mixed, with Riot Platforms up about 3% and Marathon Digital down about 0.4%. The move comes with U.S. stocks grinding higher after a softer December jobs report left expectations for Federal Reserve rate cuts broadly intact. “This is a report that’s somewhat within the range of expectations of investors, so they’re not reacting,” Mark Hackett, chief
Compass stock jumps nearly 9% as Anywhere merger closes — here’s what traders watch next

Compass stock jumps nearly 9% as Anywhere merger closes — here’s what traders watch next

New York, Jan 9, 2026, 12:35 EST — Regular session Shares of Compass, Inc. (NYSE: COMP) were up about 8.8% at $13.34 in midday trade on Friday after the real estate brokerage said it completed its all-stock combination with Anywhere Real Estate. Chief executive Robert Reffkin said the companies are “coming together on a single, modern technology platform,” and will be brought together under Compass International Holdings. (PR Newswire) The tie-up pairs Compass’ owned-brokerage with Anywhere’s franchise stable, which includes brands such as Coldwell Banker, Century 21, Corcoran and Sotheby’s International Realty, and it gives Compass a much bigger footprint
Sandisk stock jumps as report flags potential doubling of enterprise NAND prices

Sandisk stock jumps as report flags potential doubling of enterprise NAND prices

New York, Jan 9, 2026, 12:23 EST — Regular session Sandisk Corp shares rose 9.9% to $367.53 by midday Friday, a sharp rebound after a choppy start to the year for memory and storage names. The move followed a report that flagged a possible jump in prices for enterprise flash components. (Seeking Alpha) Why it matters now: pricing is the whole game in flash memory. When suppliers can raise prices — or even convince buyers they will — margins can swing fast, and so can stocks. Investors have been leaning into anything linked to data-center buildouts, where demand for storage
Credo stock jumps as Needham names CRDO a 2026 Top Pick; insider sale plans surface

Credo stock jumps as Needham names CRDO a 2026 Top Pick; insider sale plans surface

New York, Jan 9, 2026, 12:32 EST — Regular session Credo Technology Group Holding Ltd shares climbed on Friday after Needham named the data-center connectivity chipmaker a 2026 “Top Pick,” extending a volatile week for the stock. The shares were up about 8.5% at $153.62 in midday trading. The call matters because Credo has become a crowded way to play the buildout of high-speed links inside artificial-intelligence data centers. When brokers turn more positive, flows can move fast in names like this, and short-dated options can amplify the swing. It also lands as investors weigh whether insider selling will add
UWMC stock jumps on Trump’s $200 billion mortgage-bond order as traders hunt for proof rates will fall

UWMC stock jumps on Trump’s $200 billion mortgage-bond order as traders hunt for proof rates will fall

New York, Jan 9, 2026, 12:10 EST — Regular session Shares of UWM Holdings Corp (UWMC) jumped about 14% on Friday and were last up $0.65 at $5.36. The stock traded between $4.96 and $5.39, with more than 22 million shares changing hands. The move followed President Donald Trump’s directive to buy $200 billion in mortgage-backed securities — bonds backed by home loans — to try to pull borrowing costs down. “I am giving special attention to the housing market,” Trump wrote, and Annex Wealth Management’s Brian Jacobsen cautioned that “the biggest problem with housing is supply, not demand.” (Reuters)
AST SpaceMobile stock jumps 11% as BofA lifts target to $100, easing analyst-whiplash week

AST SpaceMobile stock jumps 11% as BofA lifts target to $100, easing analyst-whiplash week

New York, January 9, 2026, 12:13 EST — Regular session AST SpaceMobile shares rose about 11% to $100.66 on Friday, paring part of a sharp, two-day slide and climb that has kept the stock on traders’ screens. Bank of America Securities analyst Michael Funk raised his price target on the satellite-to-cellular company to $100 from $85, according to a note cited by Moomoo. (Moomoo) The move matters because AST has become a high-volatility proxy for the “direct-to-cell” idea — using satellites to connect ordinary phones without special hardware — at a time when big banks are trying to pin down
Oklo stock jumps as Meta backs 1.2-GW Ohio nuclear power campus for AI data centers

Oklo stock jumps as Meta backs 1.2-GW Ohio nuclear power campus for AI data centers

New York, January 9, 2026, 12:06 PM EST — Regular session Oklo Inc (OKLO) shares rose sharply on Friday after the company said it reached an agreement with Meta Platforms to support development of a 1.2-gigawatt nuclear energy campus in southern Ohio. Oklo was up $11.22, or about 11.5%, at $108.82, after trading as high as $120.87 on volume of about 22.1 million shares. (Oklo) The deal lands as big tech firms hunt for long-term power as artificial intelligence and data centers push U.S. electricity demand higher. Meta said it has also struck 20-year power purchase agreements with Vistra and
Why Mirion Technologies stock is jumping today as Meta’s nuclear deals jolt the sector

Why Mirion Technologies stock is jumping today as Meta’s nuclear deals jolt the sector

New York, Jan 9, 2026, 12:02 EST — Regular session Mirion Technologies (NYSE:MIR) shares rose on Friday, moving with a wider run-up in nuclear-related names after Meta Platforms announced long-term nuclear power agreements linked to its data center buildout. The move matters now because investors are treating nuclear power as a near-term answer for “always on” electricity demand, and they’re sending cash down the supply chain. Mirion sells radiation safety and measurement tools used across nuclear energy and other end markets, the company says. (Mirion Technologies, Inc.) Meta said it struck 20-year power purchase agreements — long-term contracts to buy
Vistra stock jumps after Meta signs 20-year nuclear power deal — what’s driving VST today

Vistra stock jumps after Meta signs 20-year nuclear power deal — what’s driving VST today

NEW YORK, Jan 9, 2026, 11:58 (EST) — Regular session Vistra Corp shares rose 11.4% to $167.81 in late-morning trading on Friday after the power producer said it struck 20-year nuclear power purchase agreements with Meta Platforms. The stock hit an intraday high of $178.40. (PR Newswire) The deal lands as Big Tech scrambles for steady power supplies to feed data centers, a load that has become harder to meet with wind and solar alone. Meta said it also signed nuclear agreements with two other companies, as it tries to lock in long-term supply for its data and AI buildout.
Endeavour Silver (EXK) stock jumps on 2025 output report as Terronera ramp stays in focus

Endeavour Silver (EXK) stock jumps on 2025 output report as Terronera ramp stays in focus

New York, January 9, 2026, 12:17 EST — Regular session Endeavour Silver Corp shares rose about 10.4% on Friday, building on a volatile week for the U.S.-listed silver miner after a year-end production update. The stock was up $1.02 at $10.80, after touching $10.88. The company said it produced 6,486,661 ounces of silver in 2025, along with 37,164 ounces of gold, for 11.2 million silver-equivalent ounces — a yardstick that rolls gold and base metals into a single silver figure. Chief Executive Dan Dickson called it “record silver equivalent production” and pointed to a ramp-up at the Terronera mine in
NASA orders SpaceX Crew-11 home early from ISS after undisclosed astronaut medical issue, spacewalk canceled

NASA orders SpaceX Crew-11 home early from ISS after undisclosed astronaut medical issue, spacewalk canceled

WASHINGTON, January 9, 2026, 11:43 EST NASA will bring the SpaceX Crew-11 astronauts back from the International Space Station early after a medical issue affected one of the four crew members, agency officials said on Thursday. NASA Administrator Jared Isaacman called it a “serious medical condition” and said “the capability to diagnose and treat this properly does not live on the ISS.” (Aviation Week Network) The decision immediately throws the crew-rotation schedule into motion. NASA said it is reviewing Crew-11 return dates and working with SpaceX and international partners on options to move up launch opportunities for Crew-12. (NASA) Ending
9 January 2026
IRS sets Jan. 26 opening for 2026 tax season as refunds and new rules collide

IRS sets Jan. 26 opening for 2026 tax season as refunds and new rules collide

WASHINGTON, Jan 9, 2026, 11:43 EST The Internal Revenue Service said it will begin accepting and processing 2025 tax returns on Jan. 26, opening the 2026 filing season, with an April 15 deadline to avoid penalties and interest. The agency expects to receive about 164 million individual income tax returns this year. (WTOP News) For many households, the calendar is really about refunds. Last year’s average refund was almost $3,200, based on IRS data, and Piper Sandler said the typical check could rise by about $1,000 this season. The IRS says people who file electronically, known as e-filing, often receive
9 January 2026
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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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