AbbVie circles Revolution Medicines in possible $20 billion-plus deal: WSJ, Bloomberg

AbbVie circles Revolution Medicines in possible $20 billion-plus deal: WSJ, Bloomberg

New York, Jan 7, 2026, 16:14 (EST) AbbVie (ABBV.N) is in advanced talks to buy cancer-drug developer Revolution Medicines (RVMD.O), the Wall Street Journal reported on Wednesday, citing people familiar with the matter. Revolution shares jumped nearly 30% after the report, while AbbVie rose more than 5%. Reuters For AbbVie, a takeover would also sharpen its push to add new…
Why Lockheed Martin stock is sliding: Trump payout threat collides with PAC-3 missile ramp and a Goldman sell

Why Lockheed Martin stock is sliding: Trump payout threat collides with PAC-3 missile ramp and a Goldman sell

WASHINGTON, Jan 7, 2026, 16:04 EST Lockheed Martin shares slid about 4.5% in afternoon trading on Wednesday after U.S. President Donald Trump said he would block dividends and share buybacks for defense contractors until they speed up weapons production. Trump also urged new production plants and called defense executive pay “exorbitant,” while offering no details on enforcement; Northrop Grumman, RTX…
Microsoft stock rises as the AI trade returns — and a Midwest grid deal adds a fresh angle

Microsoft stock rises as the AI trade returns — and a Midwest grid deal adds a fresh angle

NEW YORK, January 7, 2026, 16:02 EST — After-hours Microsoft Corp shares rose 1.0% to $483.51 in late trading on Wednesday, after touching a session high of $489.68, as money flowed back into AI-linked megacaps. The S&P 500 ended up 0.03% at 6,946.92 and the Nasdaq climbed 0.48%, with Nvidia and Alphabet among the leaders. Reuters The move matters because…
Apple stock dips as Alphabet briefly overtakes it in market value, with chip costs in focus

Apple stock dips as Alphabet briefly overtakes it in market value, with chip costs in focus

New York, Jan 7, 2026, 16:02 EST — After-hours Apple Inc (AAPL.O) shares fell 0.7% to $260.53 in late regular trade on Wednesday, still below their 52-week high of $288.62, with about 56 million shares changing hands. The dip left the iPhone maker briefly behind Alphabet as the No. 2 U.S. company by market value, trailing Nvidia, according to reports.…
Micron Technology stock slips as UBS, Piper lift MU price target to $400 and New York megafab date is set

Micron Technology stock slips as UBS, Piper lift MU price target to $400 and New York megafab date is set

New York, Jan 7, 2026, 16:15 (EST) — After-hours Micron Technology Inc shares were down about 1.2% at $339.45 on Wednesday after trading between $335.10 and $346.24, even as Wall Street pushed price targets higher and the company set a date to break ground on a planned New York factory. The pullback comes as investors crowd into memory and storage…
Nvidia stock ends higher as China pauses H200 chip orders, keeping investors on edge

Nvidia stock ends higher as China pauses H200 chip orders, keeping investors on edge

NEW YORK, Jan 7, 2026, 16:02 (EST) — After-hours Nvidia Corp (NVDA) shares ended the day up about 0.9% at $188.92, after trading between $186.60 and $191.26, as investors digested a report that China has asked some domestic tech companies to halt orders for Nvidia’s H200 artificial-intelligence chips. Reuters The tug-of-war matters because Nvidia is trying to reopen a lucrative…
Tesla stock steadies after selloff as Germany sales slide and Nvidia raises autonomy heat

Tesla stock steadies after selloff as Germany sales slide and Nvidia raises autonomy heat

NEW YORK, Jan 7, 2026, 15:47 EST — Regular session Tesla, Inc. shares were little changed on Wednesday, up 0.4% at $434.75 in afternoon trading, as investors weighed fresh signs of weakness in Europe against a renewed burst of interest in autonomous-driving tech. The stock has traded between $431.66 and $438.35 so far in the session. Germany’s road traffic agency…
Auchan sells eight Polish shopping centres to Hungary’s Adventum — and stays as tenant

Auchan sells eight Polish shopping centres to Hungary’s Adventum — and stays as tenant

Warsaw, Jan 7, 2026, 21:38 CET Auchan Polska and property partner Ceetrus have agreed to sell eight shopping centres in Poland to Hungary’s Adventum Penta Fund, a deal that keeps Auchan trading from the same sites. The buyer will take the real estate while Auchan remains the “anchor tenant” — the main store meant to draw shoppers — on long…
Chevron stock price forecast: CVX slips as $22 bln Lukoil bid talk and Venezuela oil control jolt the outlook

Chevron stock price forecast: CVX slips as $22 bln Lukoil bid talk and Venezuela oil control jolt the outlook

NEW YORK, January 7, 2026, 15:29 EST — Regular session Chevron fell 0.9% to $155.17 in afternoon trade after Reuters reported private equity group Quantum Energy Partners is working on a bid that could involve the U.S. oil major for Lukoil’s international assets. A Chevron spokesperson said the company “continues to assess potential opportunities,” but declined to comment on commercial…
SoFi stock price forecast: BofA’s $20.50 target clashes with Barclays’ $28 as earnings loom

SoFi stock price forecast: BofA’s $20.50 target clashes with Barclays’ $28 as earnings loom

New York, Jan 7, 2026, 15:46 ET — Regular session SoFi Technologies shares were down about 0.1% at $26.96 on Wednesday afternoon, with roughly 37.5 million shares traded. The stock ended Tuesday at $26.98, down 7.9% from Monday’s $29.28 close. Nasdaq The slide has put the SoFi stock price forecast back under a harsh light, with investors weighing dilution from…
Apple stock price forecast: AAPL slides as memory costs rise and earnings near

Apple stock price forecast: AAPL slides as memory costs rise and earnings near

NEW YORK, January 7, 2026, 15:49 EST — Regular session Apple shares fell 0.6% to $260.78 in afternoon trading on Wednesday, sliding to a session low. Evercore analyst Amit Daryanani stuck with a $325 target — about 25% above that level — even as he pointed to a projected 40%-50% jump in NAND flash and DRAM memory prices in early…
BBAI stock price forecast: BigBear.ai slips under $6 as downgrade meets Jan. 16 note deadline

BBAI stock price forecast: BigBear.ai slips under $6 as downgrade meets Jan. 16 note deadline

New York, Jan 7, 2026, 15:30 ET — Regular session Shares of BigBear.ai Holdings slid about 6.6% to $5.99 on Wednesday afternoon, as a brokerage downgrade cooled sentiment in the small-cap AI name. The stock was down about 42 cents from the prior close of $6.41 and traded between $5.99 and $6.35 in the session. Google The timing matters because…

Stock Market Today

  • Cattle Futures Close Mixed as Market Awaits USDA Reports
    January 23, 2026, 8:48 AM EST. Live cattle futures ended mixed Thursday, falling 12 to 72 cents with some deferred contracts higher amid thin cash trade at $232. Feeder cattle futures softened, January down 50 cents, pressured by a $2.18 drop in the CME Feeder Cattle Index. USDA's boxed beef report showed a mixed pattern; Choice beef rose $1.34 to $365.89 per box, Select dropped 72 cents. Federal cattle slaughter estimates declined by 32,000 head from last week. Market eyes Friday's USDA Cattle on Feed report, expecting December placements down 6.5% and marketing up 1.5% year-over-year. Traders monitor inventory changes ahead of the report for cues on supply and demand in the cattle market.
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