UPS stock price drops 3% as Amazon pullback and 30,000-job cut plan sink in

UPS stock price drops 3% as Amazon pullback and 30,000-job cut plan sink in

UPS shares fell 3.2% to $103.82 Wednesday after the company said it will cut up to 30,000 jobs and close 24 facilities in 2026, reducing Amazon deliveries. UPS warned revenue will dip in early 2026 before recovering, and forecast full-year revenue of $89.7 billion. The board approved a $1.64 quarterly dividend. Teamsters said members are likely to reject the company’s buyout offer.
28 January 2026
ServiceNow stock slips before earnings as Fed holds rates — what to watch in NOW shares

ServiceNow stock slips before earnings as Fed holds rates — what to watch in NOW shares

ServiceNow shares fell 1.2% to $130.24 Wednesday afternoon as investors awaited quarterly earnings due after the bell. Wall Street focused on subscription growth and backlog, with analysts expecting revenue of $3.53 billion, up 19% year-over-year. The Fed held rates steady, pressuring tech stocks. ServiceNow recently expanded its AI partnership with OpenAI.
Sandisk stock price jumps 8% as storage rally builds ahead of SNDK earnings

Sandisk stock price jumps 8% as storage rally builds ahead of SNDK earnings

Sandisk shares jumped 8.5% to $522.41 Wednesday as storage stocks surged after Seagate forecast stronger revenue on AI-driven data-center demand. Traders are positioning ahead of Sandisk’s fiscal Q2 results due Thursday. Sandisk has soared over 1,000% in six months, pushing its value to $69 billion. A new leveraged ETF tracking Sandisk also launched.
HCA Healthcare stock slides as traders digest $10B buyback, 2026 outlook and ACA headwinds

HCA Healthcare stock slides as traders digest $10B buyback, 2026 outlook and ACA headwinds

HCA Healthcare shares fell 2.8% to $491.72 Wednesday, erasing some of Tuesday’s 11% rally after earnings. The company set 2026 EPS guidance at $29.10–$31.50 and announced a $10 billion share buyback. Investors weighed cost cuts against risks from changes in ACA coverage and payer mix. Fourth-quarter revenue rose 6.7% to $19.51 billion, with net income up 30.6% to $1.88 billion.
28 January 2026
Coinbase stock edges up as UK bans ‘Everything is Fine’ ads and prediction markets draw heat

Coinbase stock edges up as UK bans ‘Everything is Fine’ ads and prediction markets draw heat

Coinbase shares rose 0.2% to $211.24 Wednesday after UK regulators banned a Coinbase ad campaign over crypto risk messaging tied to cost-of-living concerns. The company is expanding into stock trading and event contracts as regulatory scrutiny intensifies. Coinbase’s next earnings report is due Feb. 12. Bitcoin climbed 1.3% to about $89,294.
Starbucks stock swings after earnings pop — what investors watch at Niccol’s investor day

Starbucks stock swings after earnings pop — what investors watch at Niccol’s investor day

Starbucks shares rose 1% to $96.56 after swinging more than 10% following Q1 results showing 4% global same-store sales growth and first U.S. increase in two years. Margins fell for the eighth straight quarter, frustrating investors. CEO Brian Niccol cited new drinks as growth drivers but warned service targets will take time. All eyes turn to Thursday’s investor day for margin guidance.
28 January 2026
Chevron stock price: CVX inches up after report flags March jump in Venezuelan crude exports

Chevron stock price: CVX inches up after report flags March jump in Venezuelan crude exports

Chevron shares rose 0.3% to $169.48 after reports it plans to raise Venezuelan crude exports to the U.S. to 300,000 barrels per day in March. Brent crude climbed 1.1% to $68.33 a barrel. U.S. officials are preparing a general license for Venezuela’s energy sector, sources said. Chevron also named Thomas W. Horton to its board and will report Q4 earnings Jan. 30.
28 January 2026
AT&T stock jumps on upbeat 2026 outlook and $45B return plan — fiber deals in focus

AT&T stock jumps on upbeat 2026 outlook and $45B return plan — fiber deals in focus

AT&T shares rose 4.9% to $24.14 Wednesday after reporting a 3.6% revenue increase to $33.5 billion for the fourth quarter and $4.2 billion in free cash flow. The company reaffirmed plans to return over $45 billion to shareholders through 2028 and projected at least $18 billion in free cash flow by 2026. Trading volume topped 52 million shares. Investors watched pending fiber and spectrum deals and signs of easing wireless churn.
Johnson & Johnson stock rises on Darzalex Faspro FDA nod as traders size up drug-pricing risks

Johnson & Johnson stock rises on Darzalex Faspro FDA nod as traders size up drug-pricing risks

Johnson & Johnson shares rose 1.2% to $227.06 after the FDA approved Darzalex Faspro for use with the VRd regimen in newly diagnosed multiple myeloma patients ineligible for stem cell transplant. The approval is based on the CEPHEUS trial, which showed improved outcomes. The move comes as Medicare named 15 drugs for future price negotiations, pressuring the sector.
Constellation Energy stock edges lower as PJM power prices spike in deep freeze — what to watch next for CEG

Constellation Energy stock edges lower as PJM power prices spike in deep freeze — what to watch next for CEG

Constellation Energy shares slipped 0.2% to $288.12 Wednesday as PJM Interconnection reported spot power prices above $1,000/MWh in parts of the Mid-Atlantic amid cold-driven grid strain. About 1.6 million shares traded. PJM cited nearly 21 GW of generation outages and warned of possible controlled outages. Constellation recently completed its Calpine acquisition and awaits an earnings report projected for Feb. 17.
28 January 2026
Abbott Laboratories stock price slides as Argus cuts target and CEO Ford discloses share buy

Abbott Laboratories stock price slides as Argus cuts target and CEO Ford discloses share buy

Abbott Laboratories shares fell about 2% to $106.12 Wednesday after Argus cut its price target to $140, following last week’s earnings warning. CEO Robert Ford bought 18,800 shares on Jan. 23 at an average $107.13, according to an SEC filing. The broader healthcare sector slipped ahead of the Federal Reserve’s rate decision. Abbott cited weak nutrition and diagnostics sales and higher costs for its recent profit miss.
28 January 2026
Elevance Health ELV stock price jumps 6% after earnings, but 2026 outlook points to revenue dip

Elevance Health ELV stock price jumps 6% after earnings, but 2026 outlook points to revenue dip

Elevance Health shares jumped 6% to $343.14 Wednesday after the company set a 2026 profit floor despite warning of lower revenue. The move followed a $80 billion sector selloff triggered by new Medicare payment proposals. Elevance projected 2026 adjusted earnings of at least $25.50 per share and year-end enrollment up to 43.875 million. Fourth-quarter operating revenue reached $49.3 billion.
Nvidia stock price rises on China H200 nod as AI chip shares keep Wall Street near 7,000

Nvidia stock price rises on China H200 nod as AI chip shares keep Wall Street near 7,000

Nvidia shares rose 1.7% after China approved ByteDance, Alibaba, and Tencent to buy over 400,000 H200 AI chips, though no orders have been placed due to strict conditions. Intel and Micron led a rally in chip stocks as investors awaited Fed and Big Tech earnings. Micron announced a $24 billion memory chip plant in Singapore. SK Hynix and ASML both reported record results on AI demand.

Stock Market Today

Tower Semiconductor stock jumps again on Nvidia optics tie-up as earnings near

Tower Semiconductor stock jumps again on Nvidia optics tie-up as earnings near

8 February 2026
Tower Semiconductor shares rose 7.7% to $139.04 Friday after announcing a collaboration with Nvidia on AI data-center networking. The stock touched $141 intraday and gained another 1% after hours. Investors await Tower’s Feb. 11 earnings for details on its silicon photonics work. No financial terms or shipment timeline were disclosed.
Longsys Electronics stock heads into Monday after new guarantees; what 301308 investors watch next

Longsys Electronics stock heads into Monday after new guarantees; what 301308 investors watch next

8 February 2026
Longsys disclosed new guarantees for a 100 million yuan Hong Kong loan and a $9 million Brazil credit line, bringing its total approved guarantee quota to 11 billion yuan and outstanding guarantees to 5.81 billion yuan. The company said all guarantees are for consolidated subsidiaries and within approved limits. Shares closed at 288 yuan Friday, down 1.6%. China inflation and credit data are due this week.
MACOM stock price steadies near highs into Monday after earnings pop and fresh filings

MACOM stock price steadies near highs into Monday after earnings pop and fresh filings

8 February 2026
MACOM shares rose 3.5% to $235.87 Friday after the company reported fiscal Q1 revenue of $271.6 million and raised its full-year data center growth outlook to 35–40%. Fidelity’s FMR LLC disclosed a 10.7% stake, while shareholder Susan Ocampo filed to potentially sell up to 100,000 shares. Stifel raised its price target to $255. MACOM expects to repay $161 million in convertible notes in March.
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