Goldman Sachs stock slips after Apple Card handoff to JPMorgan — what Wall Street watches next

Goldman Sachs stock slips after Apple Card handoff to JPMorgan — what Wall Street watches next

New York, Jan 8, 2026, 20:58 EST — Market closed The Goldman Sachs Group Inc (GS) is handing the Apple Card to JPMorgan Chase’s (JPM) Chase unit, ending the Wall Street bank’s stint as issuer of the co-branded card, the companies said. Goldman shares slipped 0.66% to $934.83 on Thursday. Mastercard will remain the payment network. The handoff lands just ahead of earnings, and it sharpens Goldman’s retreat from consumer lending, a push that has drawn investor scrutiny for years. “This transaction substantially completes the narrowing of our focus in our consumer business,” Chief Executive David Solomon said. Goldman Sachs
Seagate stock tumbles nearly 8% as AI-storage trade cools ahead of payrolls

Seagate stock tumbles nearly 8% as AI-storage trade cools ahead of payrolls

New York, January 8, 2026, 20:49 EST — Market closed Seagate Technology Holdings plc shares fell 7.7% to close at $284.47 on Thursday, giving back more of this week’s sharp run-up in the data-storage group. Yahoo Finance The drop came as investors stepped away from “AI-linked” memory and storage winners after a strong start to the year. SanDisk fell 5.4% and Western Digital dropped 6.1% as the broader Nasdaq slipped and the S&P 500’s tech index lagged. Reuters Macro nerves were in the mix. Weekly jobless claims rose to 208,000 and economists in a Reuters poll expect December nonfarm payrolls
Nike stock jumps 3% even as Needham downgrades; RTFKT sale keeps turnaround in focus

Nike stock jumps 3% even as Needham downgrades; RTFKT sale keeps turnaround in focus

New York, Jan 8, 2026, 20:46 (EST) — Market closed Needham lowered its rating on Nike on Thursday, but the shoe giant’s shares still rose 3.2%, closing at $65.26 after hitting $65.73 earlier in the day. GuruFocus The call comes as investors grapple with whether Nike’s reset under CEO Elliott Hill can spark demand without further squeezing margins. This follows the company’s recent caution over ongoing challenges in China and pressure on profits in its latest earnings. Hill told analysts last month the company was still “in the middle innings” of its recovery. Reuters Needham analysts Tom Nikic and Matthew
Eaton stock dips as Barclays trims target and U.S. jobs report looms

Eaton stock dips as Barclays trims target and U.S. jobs report looms

New York, January 8, 2026, 20:53 (EST) — Market closed Eaton Corporation plc shares dipped 0.65% to $320.58 on Thursday, marking another unsettled day for the power-management firm. The stock touched an intraday low of $315.85, holding mostly steady in after-hours trading. Investors are eyeing an upcoming U.S. employment report, which could shake up expectations around interest rate cuts. Why it matters now: Eaton stands as a key gauge for spending on electrification and heavy power users like data centers. Its stock usually shifts with moves in U.S. interest rate expectations. Right now, markets put just about a 10% chance
AST SpaceMobile stock snaps back after Scotiabank downgrade whipsaws Wall Street

AST SpaceMobile stock snaps back after Scotiabank downgrade whipsaws Wall Street

New York, Jan 8, 2026, 20:43 EST — Market closed for the day. Shares of AST SpaceMobile (ASTS) staged a rebound Thursday, finishing 5.6% higher at $90.56. The stock clawed back after a steep drop in the previous session, triggered by an analyst downgrade. MarketWatch The move matters because ASTS has morphed into a high-beta bet centered on a crucial question: how fast can it convert satellite launches into a steady stream of paying users with everyday phones? When the stock leaps, the valuation takes center stage—it’s the main story, not just a detail. That sensitivity ramps up ahead of
Bank of America stock climbs as India regulator notice lands before earnings — what to watch for BAC

Bank of America stock climbs as India regulator notice lands before earnings — what to watch for BAC

New York, January 8, 2026, 20:49 EST — Market closed Shares of Bank of America (BAC) climbed nearly 1% on Thursday, following a Reuters report that India’s markets regulator charged a Bank of America unit with violating insider trading rules in a 2024 stock sale. The timing feels off. Major U.S. banks begin their earnings reports next week, with Bank of America among the first to take the stage. Investors are already focused on expenses and income that shifts with rates, so new compliance news could quickly grab attention. It also matters because the stock has tracked the sector’s rate
Home Depot (HD) stock jumps as Trump targets mortgage rates; payrolls, earnings loom

Home Depot (HD) stock jumps as Trump targets mortgage rates; payrolls, earnings loom

New York, January 8, 2026, 20:08 EST — Market closed Shares of The Home Depot, Inc. (HD) climbed roughly 3% on Thursday, closing near $359.56 in U.S. after-hours trading after swinging between $344.66 and $363.90. The stock stood out as one of the top point contributors to the Dow, which favors higher-priced shares. MarketWatch The move thrust the home-improvement bellwether back into the spotlight as investors eyed a new White House push on housing costs. President Donald Trump said he was directing his “representatives” to buy $200 billion in mortgage bonds — bundles of home loans sold to investors —
GE Aerospace stock drops despite $1.42 billion Navy engine award as earnings loom

GE Aerospace stock drops despite $1.42 billion Navy engine award as earnings loom

New York, January 8, 2026, 20:31 EST — Market closed GE Aerospace shares fell 2.9% to $314.44 on Thursday, after trading as high as $330.06 and as low as $310.42. Separately, a U.S. Navy contract notice showed General Electric Aerospace was awarded a $1.421 billion modification tied to 277 T408-GE-400 turboshaft engines for the Marine Corps’ CH-53K program, with work running through September 2032. U.S. Department of War The decline followed a 1.2% drop on Wednesday, when the stock snapped a three-day winning streak. Shares touched a 52-week high of $332.79 on Tuesday, leaving the name vulnerable to quick profit-taking
Thermo Fisher stock slips again after the bell — here’s what traders are watching next for TMO

Thermo Fisher stock slips again after the bell — here’s what traders are watching next for TMO

New York, Jan 8, 2026, 19:50 EST — After-hours Thermo Fisher Scientific Inc (NYSE: TMO) shares barely budged in after-hours trading — the stretch after the 4 p.m. close — despite a 1.7% dip in Thursday’s regular session that ended at $606.50. During the day, shares swung between $604 and $623.20, with trading volume swelling past 3 million shares, nearly double the 50-day average. Just two days before, on Tuesday, the stock had hit a 52-week high of $628.08. MarketWatch The move matters now as Thermo Fisher stock nears a series of upcoming events following fresh highs, with trading volume
Coinbase (COIN) stock barely moves after BofA upgrade as CEO share sale filing hits

Coinbase (COIN) stock barely moves after BofA upgrade as CEO share sale filing hits

New York, January 8, 2026, 19:48 EST — After-hours Coinbase Global, Inc. (COIN) saw its shares slip 0.1% to $245.59 in after-hours trading on Thursday, following Bank of America’s upgrade to “buy.” The firm maintained its $340 price target. Earlier in the day, the stock fluctuated between $242.50 and $251.33. BofA analyst Craig Siegenthaler noted he turned positive “post 2H product velocity acceleration and stock pullback.” Investing.com Canada The upgrade comes as investors wrestle with whether Coinbase can prove itself beyond just a high-beta stand-in for crypto prices. Trading fees are known to fluctuate sharply alongside bitcoin and shifts in
CoreWeave stock: CEO share sales hit tape as Wells Fargo trims CRWV target to $125

CoreWeave stock: CEO share sales hit tape as Wells Fargo trims CRWV target to $125

New York, Jan 8, 2026, 20:05 EST — Market closed CoreWeave shares barely moved on Thursday, finishing down just 0.1% at $77.09, after fluctuating between $76.03 and $79.92 during the day. The stock caught fresh attention following an analyst’s cut to its target and new insider selling revealed in U.S. filings. The filings matter because CoreWeave’s story still hinges on funding and execution: the company is building out AI data-center capacity, and investors are quick to read insider moves for any hint on demand or financing. With the stock bouncing around, even routine disclosures can spark action as Friday’s session
Mastercard stock steady as Apple taps JPMorgan for Apple Card — and keeps MA as the network

Mastercard stock steady as Apple taps JPMorgan for Apple Card — and keeps MA as the network

New York, Jan 8, 2026, 19:42 EST — After-hours trading kicked off and was in progress. Mastercard Incorporated shares stayed flat in after-hours trading Thursday following Apple’s announcement that JPMorgan Chase will take over as the new issuer of the Apple Card, with Mastercard continuing as the payment network. Mastercard Americas president Linda Kirkpatrick said the company is “thrilled” to keep working with Apple and Chase on the card. Apple For Mastercard, the shift is really about keeping transactions flowing through its network, not shouldering loan risk. The issuing bank handles lending to cardholders and managing their balances. Meanwhile, Mastercard’s

Stock Market Today

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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