Micron stock jumps as Taiwan fab buy and fresh price-target hikes lift MU

Micron stock jumps as Taiwan fab buy and fresh price-target hikes lift MU

Micron shares rose 6.3% Wednesday after the company announced a $1.8 billion deal to acquire Powerchip’s Taiwan fab, aiming to boost DRAM output by 2027. The stock closed at $388.45, outperforming the broader market. Analysts cited tight memory supply and strong AI-server demand as drivers. The acquisition is expected to close in Q2 2026.
Nvidia stock jumps 3% as China chip headlines and an export-bill fight keep NVDA in play

Nvidia stock jumps 3% as China chip headlines and an export-bill fight keep NVDA in play

Nvidia shares rose 3.2% to $183.85 in after-hours trading Wednesday, following reports that CEO Jensen Huang will visit China amid efforts to restart AI chip sales. The move comes after U.S. approval for H200 chip exports, despite Chinese customs blocking shipments. A U.S. House panel advanced a bill to tighten chip export controls. Nvidia reports earnings Feb. 25.
Intel stock price jumps 11% ahead of earnings as upgrade drumbeat grows

Intel stock price jumps 11% ahead of earnings as upgrade drumbeat grows

Intel shares jumped 11% to $54 late Wednesday ahead of Thursday’s earnings report. Options markets signaled traders expect an 8% swing on results. HSBC upgraded Intel, citing stronger server-chip demand and raising its price target to $50. Intel’s data-center revenue rose over 30% last quarter to $4.43 billion, according to LSEG data.
Tesla stock rises after Lemonade offers 50% insurance cut tied to Full Self-Driving

Tesla stock rises after Lemonade offers 50% insurance cut tied to Full Self-Driving

Tesla shares rose 2.7% to $430.71 Wednesday, boosted by renewed interest in its self-driving technology. Insurer Lemonade announced a 50% cut to pay-per-mile rates for Tesla drivers using Full Self-Driving, starting Jan. 26 in Arizona. CEO Elon Musk warned early production of the Cybercab robotaxi and Optimus robot will be “agonizingly slow.” Tesla denied reports of major staff cuts at its Berlin-area factory.
VIX slips below 20 as Trump pulls Greenland tariff threat and Wall Street steadies

VIX slips below 20 as Trump pulls Greenland tariff threat and Wall Street steadies

The VIX fell more than 8% to 18.43 on Wednesday after President Trump said planned tariffs on European imports would be dropped, citing a preliminary deal with NATO over Greenland. U.S. stocks rebounded, with the S&P 500 up about 0.5% in afternoon trading. Tuesday’s tariff threat had sent the VIX to an eight-week high and triggered sharp losses across equities and currencies.
Netflix goes all-cash in Warner Bros Discovery deal as Paramount deadline looms

Netflix goes all-cash in Warner Bros Discovery deal as Paramount deadline looms

Netflix shifted its bid for Warner Bros Discovery to an all-cash offer at $27.75 per share, matching its previous price. Paramount Skydance’s $30-per-share tender offer expires Wednesday. Warner Bros forecasts Discovery Global Networks revenue will fall from $17 billion in 2026 to $15.6 billion by 2029. Warner faces a $2.8 billion breakup fee if it abandons Netflix’s deal for a higher offer.
Sony hands Bravia TV control to TCL in 51-49 joint venture plan — here’s what happens next

Sony hands Bravia TV control to TCL in 51-49 joint venture plan — here’s what happens next

TCL will acquire a 51% stake in a joint venture taking over Sony’s TV and home-audio business, the companies said Thursday. Final agreements are targeted by March 2026, with operations to start April 2027 pending approvals. Sony and BRAVIA brands will remain on products. TCL shares jumped over 16% in Hong Kong; Sony fell 0.9% in Tokyo.
Analog Devices stock jumps 4% as BofA lifts target and chip shares rebound

Analog Devices stock jumps 4% as BofA lifts target and chip shares rebound

Analog Devices shares rose 4.1% to $307.85 Wednesday afternoon, rebounding from Tuesday’s tariff-driven selloff. Bank of America raised its price target for the stock to $350, citing strong demand and AI-related growth. The iShares Semiconductor ETF gained 4% as chip stocks rallied ahead of earnings season. Traders are focused on the Federal Reserve’s Jan. 27–28 meeting, with rates expected to hold steady.
Starbucks stock climbs as BofA lifts target; SBUX earnings on Jan. 28 in focus

Starbucks stock climbs as BofA lifts target; SBUX earnings on Jan. 28 in focus

Starbucks shares rose 2.5% to $95.99 Wednesday, outpacing the S&P 500 ahead of next week’s earnings report. Bank of America Securities raised its price target to $114, citing store traffic and margin improvements. Investors are watching for signs of a turnaround, with first-quarter results due Jan. 28. CEO Brian Niccol said no broad menu price hikes are planned for 2026.
Linde stock rises on Citi target lift as tariff fears ease ahead of Feb. 5 earnings

Linde stock rises on Citi target lift as tariff fears ease ahead of Feb. 5 earnings

Linde plc shares rose 1.7% to $440.45 Wednesday after Citi raised its price target to $540. The gain followed a rebound in U.S. stocks as President Trump paused planned tariffs linked to his Greenland negotiations. Linde is set to report fourth-quarter results on Feb. 5. Investors remain alert to further tariff developments after recent market volatility.
Dell stock rebounds after Morgan Stanley warning as Citi stays positive ahead of earnings

Dell stock rebounds after Morgan Stanley warning as Citi stays positive ahead of earnings

Dell shares rose 2.7% to $114.03 Wednesday, rebounding after a 7.85% drop Tuesday following a Morgan Stanley sector downgrade. Morgan Stanley cut its price target to $111 and kept an Underweight rating, while Citi lowered its target to $165 but maintained a Buy. Investors weighed analyst concerns over weak 2026 hardware budgets and rising component costs ahead of Dell’s Feb. 26 earnings report.

Stock Market Today

Corning stock price hits record close — what’s driving GLW and the next big test

Corning stock price hits record close — what’s driving GLW and the next big test

7 February 2026
Corning shares jumped 8.3% to a record $122.16 Friday, gaining 11% over two sessions amid strong demand for AI infrastructure stocks. The move follows a $6 billion optical fiber deal with Meta and upgraded company forecasts. Shares traded as high as $122.56 and rose 0.6% after hours. COO Avery Nelson sold 1,894 shares for tax withholding, retaining 66,050.
PepsiCo stock: €2.5 billion bond deal lands as investors size up the price-cut gamble

PepsiCo stock: €2.5 billion bond deal lands as investors size up the price-cut gamble

7 February 2026
PepsiCo priced €2.5 billion in euro notes across four maturities, with settlement set for Feb. 11, according to an SEC filing. The company plans to use proceeds for general corporate purposes, including repaying commercial paper. Shares closed at $170.49 Friday, up 1.8%. PepsiCo is also cutting U.S. snack prices by up to 15% after consumer pushback.
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