Today: 2 May 2026

Bristol Myers Squibb (BMY) stock jumps on UBS upgrade as investors look to January catalysts

Bristol Myers Squibb (BMY) stock jumps on UBS upgrade as investors look to January catalysts

Bristol Myers Squibb shares jumped 4.2% to $56.72 after UBS upgraded the stock to “buy” and raised its price target to $65. UBS cited upcoming catalysts but noted ongoing patent-expiry pressure through 2028. Trading volume exceeded averages as the stock outperformed peers on a down market day. Investors await the company’s Jan. 12 J.P. Morgan conference appearance and Feb. 5 quarterly results.
8 January 2026
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SpaceX lines up back-to-back Starlink launches from Florida as orbit crowding comes into focus

SpaceX lines up back-to-back Starlink launches from Florida as orbit crowding comes into focus

SpaceX plans to launch 29 Starlink satellites from Cape Canaveral on Jan. 10, following another Starlink mission scheduled for Jan. 8. If both flights proceed, 58 satellites would be added in three days. The company says it is lowering satellite orbits to reduce debris risks as its constellation grows, with over 9,300 Starlinks active as of Jan. 2. Launches use flight-proven Falcon 9 boosters and target droneship landings.
8 January 2026
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Rocket Companies stock holds near 52-week high after Barclays target hike; mortgage apps drop

Rocket Companies stock holds near 52-week high after Barclays target hike; mortgage apps drop

Rocket Companies shares closed up 0.3% at $21.28 after volatile trading on heavy volume, with the stock up about 10% year-to-date. Barclays raised its price target to $22 but maintained a neutral rating. Mortgage applications fell 9.7% over the holiday-adjusted period, even as rates dropped to 6.25%. Director Matthew Rizik sold 5,000 shares under a pre-set trading plan.
8 January 2026
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Adobe stock rises as holiday online sales hit $257.8B and AI shopping traffic jumpsAdobeAdobe stock rises as holiday online sales hit $257.8B and AI shopping traffic jumps

Adobe stock rises as holiday online sales hit $257.8B and AI shopping traffic jumpsAdobeAdobe stock rises as holiday online sales hit $257.8B and AI shopping traffic jumps

Adobe shares rose 0.6% to $338.10 after its data showed U.S. online holiday spending hit $257.8 billion, beating forecasts. Buy-now-pay-later drove $20 billion in sales, and retail sites saw a 693% jump in AI shopping assistant traffic. Jefferies cut its rating on Adobe to Hold, citing rising competition from AI tools. The stock remains 28% below its 52-week high.
8 January 2026
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Verizon stock near $40: payrolls report, dividend date and Jan. 30 earnings in focus

Verizon stock near $40: payrolls report, dividend date and Jan. 30 earnings in focus

Verizon shares closed down 0.4% at $40.13 Wednesday, then edged to $40.15 after hours. The company will pay a 69-cent quarterly dividend on Feb. 2 to holders of record Jan. 12. Investors await Friday’s U.S. payrolls report and Verizon’s fourth-quarter results set for Jan. 30. A California hearing on the Frontier deal is also scheduled for Jan. 12.
8 January 2026
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D-Wave Quantum stock (QBTS) slides after $550 million Quantum Circuits deal puts dilution in focus

D-Wave Quantum stock (QBTS) slides after $550 million Quantum Circuits deal puts dilution in focus

D-Wave Quantum shares fell 3.4% to $30.20 after announcing a $550 million deal to acquire Quantum Circuits, split between $250 million cash and $300 million in stock. The agreement uses a VWAP collar to set share count and requires antitrust and NYSE approval. The deal aims to bring superconducting gate-model systems to market in 2026. Trading volume reached 36.5 million shares.
8 January 2026
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AT&T stock dips again as downgrade and spectrum filings sharpen focus on Jan. 28 earnings

AT&T stock dips again as downgrade and spectrum filings sharpen focus on Jan. 28 earnings

AT&T shares fell 1.5% to $23.97 Wednesday after Arete Research cut the stock to sell and set a $20 target. The company announced new 5G connected-car deals with Mitsubishi and iM Media Labs at CES. AT&T is seeking more 3.45 GHz spectrum and plans to move its headquarters to Plano, Texas by late 2028. Investors await fourth-quarter results on Jan. 28, with analysts expecting 47 cents per share in earnings.
8 January 2026
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Stock Market Today

  • Adisoft Technologies Shares List 19% Above IPO Price on NSE SME Platform
    May 1, 2026, 10:36 PM EDT. Adisoft Technologies shares debuted strong on the NSE SME platform, listing at Rs 205, a 19% premium over the Rs 172 IPO price. Despite zero grey market premium suggesting muted expectations, the Rs 74 crore IPO was subscribed 77 times, led by institutional and high-net-worth investors. Adisoft operates in industrial automation, offering digital solutions for automobile manufacturing. IPO proceeds aim to fund a new manufacturing facility, repay debt, and support working capital. Profits rose to Rs 16.1 crore in FY25, while revenue showed volatility due to project-based business. Market caution stems from global uncertainties and the SME segment's mixed listing outcomes. Long-term growth hinges on scaling operations, securing orders, and maintaining margins amid competition.

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US Stock Market Today After Hours: Nasdaq Tops 25,000 As S&P 500 Hits Record High

US Stock Market Today After Hours: Nasdaq Tops 25,000 As S&P 500 Hits Record High

2 May 2026
Nasdaq 100 futures climbed 0.68% and S&P 500 futures edged up 0.06% in early after-hours trading Friday, while Dow futures slipped 0.48%. The S&P 500 and Nasdaq closed at record highs, driven by first-quarter S&P 500 profit growth of 27.8%, according to LSEG. Oil prices, inflation signals, and upcoming jobs data remain in focus. GameStop shares rose 4% after reports it was preparing an offer for eBay.
McDonald’s Corporation Stock Slides Before Earnings as Its Big Drink Bet Comes Due

McDonald’s Corporation Stock Slides Before Earnings as Its Big Drink Bet Comes Due

2 May 2026
McDonald’s shares fell 2.37% to $286.64 on Friday, underperforming rivals ahead of its May 7 earnings report and a U.S. launch of six new McCafé specialty drinks. The company will begin selling the drinks nationwide on May 6, adding beverage specialist roles at 14,000 restaurants. Investors are watching whether the new drinks and value offers can boost traffic without slowing service or hurting margins.
Strategy Inc’s 11.5% STRC Payout Sets Up Bitcoin Dividend Vote

Strategy Inc’s 11.5% STRC Payout Sets Up Bitcoin Dividend Vote

2 May 2026
Strategy Inc kept STRC’s May dividend rate at 11.5% and set a $0.958333333 per-share payout, according to a new filing. Shareholders are voting on whether to move STRC dividends from monthly to twice monthly, with results due at the June 8 annual meeting. The company recently used $255 million from a stock sale to buy 3,273 bitcoin.
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