Today: 7 February 2026
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Arcus Biosciences (NYSE:RCUS) stock slides on Morgan Stanley downgrade as casdatifan 2026 timeline sharpens

Arcus Biosciences (NYSE:RCUS) stock slides on Morgan Stanley downgrade as casdatifan 2026 timeline sharpens

New York, January 8, 2026, 14:40 EST — Regular session Arcus Biosciences (RCUS) shares slid 9.3% to $21.05 in afternoon trading on Thursday, after earlier touching $22.70. The stock hit a session low of $21.02. Morgan Stanley cut its rating on Arcus to “equal weight” from “overweight” and trimmed its price target to $20 from $23, Investing.com reported, calling the risk-reward more balanced after a strong 2025 run. The Nasdaq Biotechnology Index was down about 2.8%. Investing.com Arcus laid out its 2026 playbook late Wednesday, keeping casdatifan — which it has billed as a potential best-in-class HIF-2a inhibitor, a protein
8 January 2026
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Dell (DELL) stock slips after CES “AI PC” reality check; here’s what traders watch next

Dell (DELL) stock slips after CES “AI PC” reality check; here’s what traders watch next

New York, January 8, 2026, 14:39 EST — Regular session Dell Technologies Inc (NYSE: DELL) shares fell 1.3% to $118.46 on Thursday afternoon after dipping as low as $114.79, a slide of about 4.4% at the session trough. The tech-heavy Invesco QQQ ETF was down about 0.8%, while PC rival HP Inc rose about 3.2%. The moves matter now because the PC industry has leaned on “AI PCs” — laptops with neural processing units (NPUs) meant to handle some AI tasks on the device — to spark a new upgrade cycle. Investors have also started to separate AI winners from
8 January 2026
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ICON stock sinks nearly 8% after Truist downgrade puts 2026 outlook in the spotlight

ICON stock sinks nearly 8% after Truist downgrade puts 2026 outlook in the spotlight

New York, Jan 8, 2026, 14:50 ET — Regular session ICON Public Limited Company shares fell sharply on Thursday, sliding $16.09, or about 7.9%, to $186.83 in afternoon trading after a Truist Securities downgrade knocked sentiment. Truist cut ICON to “hold” from “buy” and lowered its price target to $222 from $231, according to reports of the note. GuruFocus The timing matters because ICON is nearing the point where it has to put numbers around 2026. In a Form 6-K dated Wednesday, the contract research group said it intends to issue full-year 2026 guidance alongside its fourth-quarter and full-year 2025
8 January 2026
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Coherent (COHR) stock slides nearly 10% as investors turn picky on AI-linked optics

Coherent (COHR) stock slides nearly 10% as investors turn picky on AI-linked optics

New York, Jan 8, 2026, 14:31 EST — Regular session Coherent Corp shares slid 9.6% to $173.31 in afternoon trading on Thursday, reversing earlier gains as a wave of selling hit some AI-linked hardware names. The stock ranged from $192.50 to $173.29, with volume running a bit above its recent average. The drop comes as investors get more selective about pricey AI-related stocks after a big run, even as the broader U.S. market stayed mixed. “While AI is still hot, there are going to be winners and losers,” said Art Hogan, chief market strategist at B. Riley Wealth. Reuters The
8 January 2026
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Eaton stock slips after Barclays cuts target as rate bets stay in play

Eaton stock slips after Barclays cuts target as rate bets stay in play

New York, January 8, 2026, 14:42 EST — Regular session Shares of Eaton Corporation plc (ETN) fell about 0.8% on Thursday after Barclays lowered its price target on the power-management company. Barclays analyst Julian Mitchell cut the target to $350 from $362 and kept an Equal Weight rating, an in-line call; Eaton was down $2.53 at $320.14 in afternoon trade. TipRanks The move lands as investors keep tying the stock to the path of U.S. interest rates and the durability of data-center spending. Fed Governor Stephen Miran said he is looking for about 150 basis points, or 1.5 percentage points,
8 January 2026
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GE Aerospace stock slides 4% after early pop as Boeing MAX 10, earnings loom

GE Aerospace stock slides 4% after early pop as Boeing MAX 10, earnings loom

New York, Jan 8, 2026, 14:29 EST — Regular session GE Aerospace shares fell about 4% on Thursday afternoon, wiping out an early climb and pulling the stock back into the low-$300s. The shares were down $12.97 at $310.67 after trading as high as $330.06. The move matters because investors are walking into a tight cluster of near-term catalysts that can swing expectations for engine makers. GE Aerospace sells jet engines, but much of the focus sits on the aftermarket — plain-English: repairs, shop visits and spare parts — where revenue tends to be steadier once planes are flying. A
8 January 2026
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EQT stock slides as U.S. natural gas prices fall after big storage draw

EQT stock slides as U.S. natural gas prices fall after big storage draw

NEW YORK, Jan 8, 2026, 14:24 EST — Regular session EQT Corp (EQT.N) shares slid on Thursday as U.S. natural gas prices fell, pressuring gas-heavy producers after a volatile week in the futures market. The stock was down 4.2% at $52.20 in afternoon trade, while front-month Henry Hub gas futures hovered around $3.388 per million British thermal units (mmBtu), down about 4%. That link matters right now because winter heating demand is still the swing factor for prices, and traders have been reacting fast to each shift in the forecast. U.S. gas futures jumped 4.3% on Wednesday to settle at
8 January 2026
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Seagate stock slides nearly 9% as AI-storage rally cools; traders refocus on Friday data

Seagate stock slides nearly 9% as AI-storage rally cools; traders refocus on Friday data

New York, Jan 8, 2026, 14:34 EST — Regular session Seagate Technology Holdings fell 9.3% to $279.72 in afternoon trade, after swinging between $310.50 and $278.26. Western Digital dropped 8.0% and Sandisk fell 7.0% as the broader storage rally lost steam. The pullback follows a burst of buying earlier this week after comments from Nvidia CEO Jensen Huang at the CES show in Las Vegas pushed traders toward memory and storage names. Investopedia reported Huang told analysts AI-specific storage and memory are “a completely unserved market today,” and noted Seagate and Western Digital jumped on Tuesday before giving back part
8 January 2026
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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
8 January 2026
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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
8 January 2026
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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
8 January 2026
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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,
8 January 2026
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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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