XRP price slips after WisdomTree pulls SEC filing — and Friday’s jobs report looms

XRP price slips after WisdomTree pulls SEC filing — and Friday’s jobs report looms

NEW YORK, Jan 8, 2026, 14:34 EST — Regular session XRP fell on Thursday after WisdomTree asked U.S. regulators to pull its registration for a proposed XRP fund, a filing that traders read as a small but real check on the rush to wrap crypto in stock-market products. XRP was down about 1.8% at $2.14, after trading as low as $2.07 and as high as $2.19. SEC The filing matters because exchange-traded funds, or ETFs, have become the easiest on-ramp for large pools of capital that still won’t touch tokens directly. A withdrawal doesn’t settle anything on its own, but
Hycroft Mining stock drops nearly 13% as HYMC gives back a chunk of its latest run

Hycroft Mining stock drops nearly 13% as HYMC gives back a chunk of its latest run

New York, Jan 8, 2026, 14:30 EST — Regular session Hycroft Mining Holding Corporation shares slid $3.83, or 12.9%, to $25.91 in afternoon trading on Thursday. The stock earlier touched $29.70, before hitting a session low of $25.91. The move matters because Hycroft has become a high-beta trade, where financing headlines and project timelines can whip the stock around fast. In a December 15 filing, the company said it had released initial drill results from its 2025–2026 exploration program, keeping attention on what comes next. SEC Hycroft is not currently mining. It discontinued mining operations in November 2021 and has
Home Depot stock jumps 3% as CES Hubspace partnerships land and jobs report looms

Home Depot stock jumps 3% as CES Hubspace partnerships land and jobs report looms

NEW YORK, January 8, 2026, 13:46 EST — Regular session Home Depot shares climbed 3.5% to $361.25 at 1:46 p.m. EST on Thursday, lifting a Dow-heavy lineup even as the tech-heavy Nasdaq was under pressure. The S&P 500 tracker was little changed while the Nasdaq 100 ETF slipped about 0.7%. The bounce matters because Home Depot sits close to the fault line between rates, jobs and home spending, and traders are trying to pin down how fast that cycle turns. Weekly jobless claims edged up to 208,000, while a Chicago Fed estimate put December’s unemployment rate at 4.6% ahead of
Ciena stock tumbles 14% as AI-networking names retreat — what investors watch next

Ciena stock tumbles 14% as AI-networking names retreat — what investors watch next

New York, Jan 8, 2026, 13:42 EST — Regular session Ciena Corp (CIEN) shares were down about 14% at $222.73 on Thursday, after ending Wednesday at $259.27 and touching $260 earlier in the session. Roughly 2.8 million shares had changed hands by early afternoon. Optical peer Lumentum Holdings fell about 11% and Coherent slid roughly 9%, while Arista Networks was down about 5%. The networking-equipment maker has become a proxy for rising data traffic in cloud and AI data centers, and that can make the stock whip around when the wider market mood shifts. The group has been running hot,
Applied Digital stock jumps as AI data center revenue tops estimates and new hyperscaler talks surface

Applied Digital stock jumps as AI data center revenue tops estimates and new hyperscaler talks surface

New York, Jan 8, 2026, 13:49 EST — Regular session Applied Digital (APLD) shares rose 8.2% to $31.99 in afternoon trading on Thursday after the data-center operator posted a sharp rise in quarterly revenue. The stock hit a session high of $35.44 and about 70 million shares had traded. The report lands in a market obsessed with power: AI models need vast compute, and compute needs electricity and cooling. Investors have been quick to punish any hint of delays, and quick to pay up for signed capacity. Applied Digital builds high-performance computing sites and rents power and space to customers
Nvidia stock slides on China H200 prepayment push as investors weigh export risk

Nvidia stock slides on China H200 prepayment push as investors weigh export risk

NEW YORK, January 8, 2026, 14:25 EST — Regular session Nvidia shares fell about 2.7% on Thursday after the AI chipmaker tightened payment terms for its H200 processors sold into China, demanding full upfront payment and barring cancellations or refunds, sources briefed on the matter told Reuters. The stock traded at $184.03, near the day’s low of $183.86. Beijing has asked some tech companies to pause H200 orders while regulators decide how many domestic chips buyers must purchase alongside each order, the report said. Reuters The move matters because China is again a live swing factor for Nvidia’s growth story,
Merck stock climbs on Wolfe upgrade as Cidara deal closes and Gardasil questions linger

Merck stock climbs on Wolfe upgrade as Cidara deal closes and Gardasil questions linger

New York, Jan 8, 2026, 13:46 EST — Regular session Merck & Co shares rose 1.5% to $110.20 in afternoon trading on Thursday after Wolfe Research upgraded the drugmaker, outpacing a softer health-care sector. The stock traded as high as $112.08 and as low as $107.94, while AbbVie slid about 3.9% and the S&P 500 ETF was little changed. The move comes as investors try to sort out two cross-currents: Merck’s push to broaden its pipeline and a fast-moving U.S. debate over vaccine policy that touches one of its biggest franchises. Merck said it will report fourth-quarter and full-year 2025
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

New York, Jan 8, 2026, 13:58 EST — Regular session Lumentum Holdings Inc (LITE.O) shares slid 10.9% to $350.22 on Thursday, after topping $399.88 earlier in the session and then sinking as low as $343.41. More than 11 million shares had changed hands by early afternoon. The move mattered because it snapped a sharp run that has turned the stock into a high-beta proxy for data-center buildouts. Lumentum jumped 11.3% on Tuesday to close at $397.42, a reminder of how fast money has been moving through the AI-linked optics trade. Investors The selloff was not just about one name. The
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

NEW YORK, Jan 8, 2026, 14:11 EST — Regular session Bitcoin steadied on Thursday after an early dip, while shares of Strategy (MSTR) rose with other crypto-linked stocks as investors digested MSCI’s latest move on index eligibility. Bitcoin was up about 0.4% at $91,152, after touching $89,312 earlier in the session, while Strategy gained about 4.7% and Coinbase added about 0.6%. Marathon Digital rose about 3.8%, while Riot Platforms slipped about 0.5%. The moves matter because stocks like Strategy have become a stand-in for direct bitcoin exposure for investors who would rather trade equities than tokens. When bitcoin swings, these
Silicon Motion (SIMO) stock slides about 10% as chip trade cools — what’s next

Silicon Motion (SIMO) stock slides about 10% as chip trade cools — what’s next

New York, Jan 8, 2026, 14:17 EST — Regular session Silicon Motion Technology Corp shares fell about 10% on Thursday, giving back a chunk of a sharp two-day run in the Nasdaq-listed storage chip name. The stock was down 9.9% at $109.10 in afternoon trading, after touching $123 earlier in the session. The drop came as tech shares slipped more broadly, with traders looking ahead to Friday’s U.S. payrolls report after jobless claims rose modestly. Storage names also weakened; SanDisk fell about 10% while Western Digital and Seagate lost about 9% each. “Investors might be repositioning their holdings, so tech
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

PARIS, Jan 8, 2026, 20:02 (CET) — Market closed Shares in French biotech Abivax SA (ABVX.PA) closed down 9.49% at 99.20 euros on Thursday, after swinging between 112.40 euros at the open and a low of 94.20 euros. The stock slipped back under the 100-euro mark, with volume at about 246,000 shares, after a 6% rise the day before. MarketScreener The selling pressure comes as investors look ahead to key readouts for obefazimod, Abivax’s lead drug candidate for ulcerative colitis, a chronic inflammatory bowel disease. Abivax has told investors topline results from its Phase 3 maintenance study are expected in
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

NEW YORK, Jan 8, 2026, 13:46 EST — Regular session Exxon Mobil shares rose 3.3% to $122.42 by 1:46 p.m. EST on Thursday after the oil major said weaker crude prices could shave $0.8 billion to $1.2 billion off fourth-quarter upstream earnings versus the prior quarter. In the same filing, Exxon said stronger industry margins in its Energy Products segment could add $0.3 billion to $0.7 billion. Exxon Mobil Corporation The update lands just as investors start setting their earnings-season pecking order for the big integrated oil names. Exxon’s “earnings considerations” snapshot is one of the few early guideposts the

Stock Market Today

AST SpaceMobile stock bounces late Friday as AT&T plays down Amazon Leo threat and a new 2x short ETF hits tape

AST SpaceMobile stock bounces late Friday as AT&T plays down Amazon Leo threat and a new 2x short ETF hits tape

7 February 2026
AST SpaceMobile shares jumped 9.1% to $101.79 Friday after a volatile week, with 15.9 million shares traded. AT&T said it will use Amazon Leo’s satellite network to reach business customers outside its terrestrial footprint but stated this will not affect its partnership with AST. A new 2x short ETF tied to ASTS, ticker ASTN, began trading on Cboe. AST’s next “BlueBird 7” satellite launch is set for late February on Blue Origin’s New Glenn.
Go toTop