Today: 7 February 2026
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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
8 January 2026
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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,
8 January 2026
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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
8 January 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

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
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

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
8 January 2026
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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
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

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
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

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
8 January 2026
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SoFi stock rises as Wall Street debates dilution ahead of Jan. 30 earnings

SoFi stock rises as Wall Street debates dilution ahead of Jan. 30 earnings

NEW YORK, Jan 8, 2026, 13:53 EST — Regular session SoFi Technologies (SOFI) shares rose 2.5% to $27.68 in early afternoon trading on Thursday. The stock has ranged from $26.59 to $28.05, with about 35 million shares traded. The move comes as SoFi heads toward its fourth-quarter and full-year 2025 report, a key checkpoint after a recent stock sale. The company said it plans to post results at about 7 a.m. Eastern on Jan. 30 and host a conference call at 8 a.m. SoFi Technologies Bank of America analyst Mihir Bhatia resumed coverage this week with an underperform rating —
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

New York, January 8, 2026, 14:02 EST — Regular session Teleflex Incorporated shares slid 11.7% to $111.76 by mid-afternoon on Thursday after the medical device maker disclosed a CEO exit and trimmed its revenue forecast. The company said it was “the right time to transition leadership” as it pushes through a portfolio shift. Teleflex Investors The drop matters because Teleflex is in the middle of a reset it has sold to investors as a cleanup job: slim down the company and lean harder into critical-care products. In December, Teleflex agreed to sell three businesses for $2.03 billion to sharpen its
8 January 2026
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AppLovin stock slides as Wells Fargo hikes target ahead of Feb. 11 earnings

AppLovin stock slides as Wells Fargo hikes target ahead of Feb. 11 earnings

New York, Jan 8, 2026, 13:56 EST — Regular session AppLovin Corp (APP.O) shares slid 3.6% to $610.31 in afternoon trading on Thursday, after opening at $623.71 and swinging between $607.36 and $629.87. The company said on Wednesday it will report fourth-quarter and full-year 2025 results on Feb. 11 after the U.S. stock market closes, with a management webcast scheduled for 5 p.m. ET. AppLovin Wells Fargo analyst Alec Brondolo raised his price target on AppLovin to $735 from $721 and kept an Overweight rating. The firm said it lifted its fourth-quarter revenue view by 3% on “strong mobile game
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

New York, January 8, 2026, 13:44 (ET) — Regular session Applied Optoelectronics (AAOI.O) slid 14.9% to $32.40 in afternoon trading on Thursday after opening at $37.91, with about 6.2 million shares changing hands. The stock hit an intraday low of $31.70. The drop landed as investors trimmed exposure to big tech, leaving the Nasdaq down about 0.5% around midday even as the Dow rose. “Investors might be repositioning their holdings,” Joe Saluzzi, partner and co-founder at Themis Trading, said, adding it was too soon to call it a lasting rotation away from tech. Other optics and data-center networking names were
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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