Today: 7 February 2026
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Lumentum (LITE) stock plunges 11% as AI-optics names slide despite Needham’s $470 target

Lumentum (LITE) stock plunges 11% as AI-optics names slide despite Needham’s $470 target

Lumentum shares fell 10.9% to $350.22 Thursday after hitting $399.88 earlier, with over 11 million shares traded by early afternoon. Needham raised its price target to $470, naming Lumentum a 2026 “top pick.” The drop followed a sharp rally and coincided with declines in Coherent and Ciena. Investors await Friday’s U.S. jobs report and Lumentum’s Feb. 3 earnings.
8 January 2026
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Bitcoin price today steadies near $91,000 as Strategy stock climbs on MSCI index reprieve

Bitcoin price today steadies near $91,000 as Strategy stock climbs on MSCI index reprieve

Bitcoin rebounded to $91,152 after dipping below $90,000, while shares of Strategy rose 4.7% as MSCI paused plans to exclude crypto treasury firms from its indexes. Marathon Digital gained 3.8%, Coinbase edged up 0.6%, and Riot Platforms slipped 0.5%. U.S. spot bitcoin ETFs saw $486 million in net outflows Wednesday. Traders awaited Friday’s U.S. jobs report for direction.
8 January 2026
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Abivax stock slides 9% after Sofinnova flags $134m sale plan, with 2026 trial clock ticking

Abivax stock slides 9% after Sofinnova flags $134m sale plan, with 2026 trial clock ticking

Abivax shares fell 9.49% to 99.20 euros in Paris on Thursday, reversing a 6% gain from the previous day. Volume reached about 246,000 shares amid anticipation of Phase 3 trial results for obefazimod in late Q2 2026. A U.S. Form 144 filing showed Sofinnova Crossover I SLP intends to sell up to 1,000,000 ADS. BTIG raised its price target on Abivax to $150 and maintained a “Buy” rating.
8 January 2026
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Exxon Mobil stock (XOM) rises as filing flags Q4 upstream hit from weaker crude; Jan 30 next

Exxon Mobil stock (XOM) rises as filing flags Q4 upstream hit from weaker crude; Jan 30 next

Exxon Mobil shares rose 3.3% to $122.42 by early afternoon Thursday after the company warned that lower crude prices could cut fourth-quarter upstream earnings by $0.8 billion to $1.2 billion from the prior quarter. Exxon said stronger refining margins may add $0.3 billion to $0.7 billion. The company reports results Jan. 30. Traders are watching oil price swings and estimate changes.
8 January 2026
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Teleflex (TFX) stock dives on CEO exit and revenue forecast cut — what investors watch next

Teleflex (TFX) stock dives on CEO exit and revenue forecast cut — what investors watch next

Teleflex shares fell 11.7% to $111.76 Thursday after the company announced CEO Liam Kelly’s exit and cut its 2025 revenue forecast. Stuart Randle was named interim chief executive, with a $140,000 monthly stipend and $1.5 million in stock. Teleflex cited weak demand for balloon pumps and OEM order delays. The company expects to report full results in late February or early March.
8 January 2026
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Why Applied Optoelectronics (AAOI) stock is down today as tech pulls back

Why Applied Optoelectronics (AAOI) stock is down today as tech pulls back

Applied Optoelectronics (AAOI.O) dropped 14.9% to $32.40 in Thursday afternoon trading, with 6.2 million shares traded and an intraday low of $31.70. The decline followed a broader selloff in tech stocks, leaving the Nasdaq down 0.5% midday. Optical networking peers Ciena, Lumentum, and Coherent also fell sharply. Investors are watching Friday’s U.S. payrolls report and AAOI’s earnings update in late February.
8 January 2026
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Silver price stock SLV slides as index rebalance selling kicks in ahead of U.S. jobs report

Silver price stock SLV slides as index rebalance selling kicks in ahead of U.S. jobs report

iShares Silver Trust dropped 3.5% to $68.50 in midday New York trading, tracking a broader selloff in silver assets as spot silver fell 2.5% to $76.19 an ounce. Traders cited commodity index rebalancing and a stronger dollar ahead of Friday’s U.S. payrolls report. Silver miners slipped less, down 0.4% to 1%. Sterling weakened for a third day as the dollar firmed.
8 January 2026
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Dow Jones ETF DIA rises as tech slips and Trump defense headlines jar Wall Street before payrolls

Dow Jones ETF DIA rises as tech slips and Trump defense headlines jar Wall Street before payrolls

The SPDR Dow Jones Industrial Average ETF Trust rose 0.6% to $492.73 Thursday as the Dow climbed 304 points, while the Nasdaq slipped on tech losses. Weekly jobless claims increased to 208,000 and continuing claims reached 1.914 million. Defense stocks rebounded after President Trump proposed a $1.5 trillion military budget for 2027. Investors await Friday’s U.S. nonfarm payrolls report.
8 January 2026
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Regencell Bioscience (RGC) stock slides about 18% after five volatility halts on Nasdaq

Regencell Bioscience (RGC) stock slides about 18% after five volatility halts on Nasdaq

Regencell Bioscience shares plunged 18.5% to $43.10 Thursday after hitting $69.97 earlier in the session, triggering five volatility halts. Over 3 million shares traded by early afternoon, far above average. The company has warned of “substantial doubt” about its ability to continue operating and reported net losses of $3.58 million for the year ended June 2025. No company statement explained the sharp swings.
8 January 2026
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Why Westlake stock is jumping today after its ACI deal filing

Why Westlake stock is jumping today after its ACI deal filing

Westlake Corp shares rose 7.4% to $79.98 Thursday after the company said it completed its acquisition of ACI/Perplastic Group’s global compounding solutions businesses. The deal expands Westlake’s manufacturing into Portugal, Romania, and Tunisia. Financial terms were not disclosed. Other major U.S. chemical stocks also gained.
8 January 2026
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UnitedHealth Group Incorporated stock rises as House summons insurer CEOs; investors eye two January dates

UnitedHealth Group Incorporated stock rises as House summons insurer CEOs; investors eye two January dates

UnitedHealth shares rose 1.3% to $346.11 after U.S. House lawmakers called major health insurer CEOs to testify on coverage affordability January 22. Senators Wyden and Warren accused UnitedHealth of withholding documents in a nursing-home probe, setting a January 28 deadline. TPG is in advanced talks to buy UnitedHealth’s Optum UK unit for up to £1.4 billion, Sky News reported.
8 January 2026
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IREN stock jumps nearly 8% as AI data-center trade returns; earnings are the next test

IREN stock jumps nearly 8% as AI data-center trade returns; earnings are the next test

IREN shares jumped 7.7% to $46.99 in Thursday afternoon trading, tracking gains in data-center stocks after Applied Digital announced talks with a major cloud customer. IREN operates U.S. and Canadian data centers for bitcoin mining and AI compute, with about 1,896 Nvidia GPUs. Its $9.7 billion, five-year GPU cloud deal with Microsoft includes strict delivery terms. Next results are expected in February, with focus on GPU rollout and funding.
8 January 2026
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AbbVie stock drops after Revolution deal denial, $1.3 billion charge spooks traders

AbbVie stock drops after Revolution deal denial, $1.3 billion charge spooks traders

AbbVie shares fell 3.7% to $224.84 Thursday after the company denied takeover talks with Revolution Medicines and flagged a $1.3 billion fourth-quarter charge tied to R&D and milestone payments. AbbVie trimmed its 2025 profit forecast, setting adjusted earnings at $9.90 to $9.94 per share. Revolution Medicines dropped 5.5%. Wolfe Research downgraded AbbVie, citing limited upside.
8 January 2026
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Trump’s New $100 U.S. National Park Fee for Foreign Tourists Kicks In — and 10 States Race Ahead in Crypto

Trump’s New $100 U.S. National Park Fee for Foreign Tourists Kicks In — and 10 States Race Ahead in Crypto

Foreign visitors to 11 major U.S. national parks, including Yosemite and Yellowstone, now pay a $100 per-person surcharge on top of regular entrance fees, the National Park Service said. The Center for Biological Diversity has sued, arguing the fee and new resident/nonresident pass categories violate federal law. The new policy requires staff to check IDs at park gates and changes how tour groups are processed.
8 January 2026
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Stock Market Today

Semiconductor stocks surge as AI capex stays high; Nvidia and AMD lead into next week

Semiconductor stocks surge as AI capex stays high; Nvidia and AMD lead into next week

7 February 2026
The Philadelphia Semiconductor Index jumped 5.7% to 8,048.6 on Friday, with Nvidia up 7.87% and AMD rising 8.28%. The surge followed new forecasts showing global chip sales could hit $1 trillion in 2026. Amazon expects a 50% increase in capital spending this year, fueling demand for chips. The Dow Jones crossed 50,000, helped by gains in chipmakers.
Oil stocks jump on Iran risk lift for crude — what to watch before Monday

Oil stocks jump on Iran risk lift for crude — what to watch before Monday

7 February 2026
U.S. oil stocks surged Friday as crude prices rose on renewed Middle East tensions. Exxon Mobil gained 2.0%, ConocoPhillips 2.5%, and Occidental Petroleum 2.7%. Refiners rallied after a national union deal eased strike risk, though BP’s Whiting plant faces a local dispute. Brent settled at $68.05 a barrel, up 0.74%.
Silver price rebound masks fresh stress after CME lifts margins again

Silver price rebound masks fresh stress after CME lifts margins again

7 February 2026
Spot silver surged 8.6% to $77.33 an ounce Friday after dropping below $65, but still lost over 8.7% for the week. CME Group raised margin requirements for COMEX silver futures to 18% from 15%, effective after Feb. 6. China’s UBS SDIC Silver Futures Fund hit its 10% down limit for a fifth session. Traders await key U.S. jobs and inflation data next week.
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