Why IREN stock is rising today: AI data-center optimism lifts the bitcoin miner-turned-cloud play

Why IREN stock is rising today: AI data-center optimism lifts the bitcoin miner-turned-cloud play

NEW YORK, January 8, 2026, 10:39 EST — Regular session Shares of IREN Ltd (IREN.O) climbed about 4.3% to $45.49 on Thursday, as investors returned to data-center names tied to artificial intelligence computing demand. The stock touched a session high of $45.49 after dipping as low as $42.69. IREN runs renewable-powered data centers used for bitcoin mining and for renting out AI computing capacity. Its AI cloud unit uses graphics processing units (GPUs) — the chips used to train and run AI models — leaving the stock straddling crypto swings and the tight supply of high-end compute. Bitcoin was down
Intel stock slides after 18A ‘Panther Lake’ rally — Jan. 22 earnings is the next test

Intel stock slides after 18A ‘Panther Lake’ rally — Jan. 22 earnings is the next test

New York, January 8, 2026, 10:05 AM ET — Regular session Intel (INTC.O) shares fell 1.6% to $41.95 in morning trade on Thursday. The stock has ranged between $41.87 and $43.31 so far. The pullback comes a day after Intel’s shares jumped when the company said it has begun shipping its first products made on 18A, its newest chipmaking process. The initial shipments involve the Panther Lake family, branded as Core Ultra Series 3, and Melius Research upgraded the stock to “buy” with a $50 price target. TradingView Investors have latched onto 18A because it sits at the center of
SoFi stock slips after BofA “underperform” call; Wall Street eyes Jan. 30 earnings

SoFi stock slips after BofA “underperform” call; Wall Street eyes Jan. 30 earnings

New York, Jan 8, 2026, 10:20 EST — Regular session SoFi Technologies (SOFI.O) shares were down 0.2% at $26.94 as of 10:11 a.m. EST on Thursday, as investors weighed fresh broker calls after the fintech’s recent share sale. A regulatory filing showed SoFi sold 57,754,660 shares at $27.50 apiece after underwriters exercised an option for extra stock, lifting the total take to roughly $1.6 billion before fees. New shares can pressure a stock by diluting existing holders. SEC The timing doesn’t help. Traders head into Friday’s U.S. employment report — due at 8:30 a.m. ET — which can swing rate
XRP price stock slides near $2 after first ETF outflows as U.S. jobs report nears

XRP price stock slides near $2 after first ETF outflows as U.S. jobs report nears

NEW YORK, Jan 8, 2026, 10:28 EST — Regular session XRP fell about 5% on Thursday to around $2.09, extending a pullback in major cryptocurrencies after a hot start to 2026. Trading volume over the past 24 hours was about $4.6 billion, CoinMarketCap data showed. CoinMarketCap The XRP price move mattered because one of the big props under the rally — steady demand for U.S.-listed spot XRP exchange-traded funds — showed its first crack. Spot ETFs, which trade like stocks and aim to track XRP’s price, saw roughly $41 million of net outflows on Wednesday, according to SoSoValue data cited
Tesla stock slips again as Germany sales slump and Murdoch share-sale filing keep demand in focus

Tesla stock slips again as Germany sales slump and Murdoch share-sale filing keep demand in focus

New York, January 8, 2026, 09:44 EST — Regular session Tesla shares (TSLA.O) fell 1.4% to $425.20 in early U.S. trade on Thursday, extending a rough start to the year for the electric-vehicle maker. The drop matters because investors are hunting for clean demand reads in Tesla’s key markets just weeks before results, while also watching insider activity more closely after the stock’s late-December run and pullback. The rate backdrop has turned into a headwind, too. Jobless claims — the weekly count of new applications for unemployment benefits — rose to 208,000 at the end of 2025, while markets were
AT&T stock rises as airline Wi‑Fi deal and analyst downgrade set up Jan. 28 earnings test

AT&T stock rises as airline Wi‑Fi deal and analyst downgrade set up Jan. 28 earnings test

NEW YORK, Jan 8, 2026, 10:11 EST — Regular session AT&T Inc shares rose about 1% on Thursday to $24.20, as the telecom stock steadied after a weak start to the week. The move matters because AT&T is three weeks from quarterly results, with investors looking for any shift in wireless and broadband momentum and for signals on cash returns. The company has set its fourth-quarter earnings call for Jan. 28. AT&T Investor Relations AT&T fell 1.5% on Wednesday and remains nearly 20% below its 52-week high, leaving it sensitive to small catalysts and changes in rate expectations. Verizon and
GOOG stock turns flat after early spike as EU sets Wiz deal deadline and Cantor upgrades Alphabet

GOOG stock turns flat after early spike as EU sets Wiz deal deadline and Cantor upgrades Alphabet

NEW YORK, Jan 8, 2026, 10:18 (EST) — Regular session Alphabet’s non-voting Class C shares were little changed on Thursday after EU regulators set a Feb. 10 deadline for an initial call on Google’s planned Wiz purchase and after Cantor Fitzgerald lifted its rating. The stock opened higher and then sagged, tracking the broader wobble in growth shares. The deadline matters because Wiz would be Alphabet’s biggest deal and a rare megacap bet on cloud security, an area where deals now draw instant scrutiny. A longer review can freeze a transaction for months, keeping investors guessing on costs and timing.
Apple stock slips after Apple Card moves to JPMorgan from Goldman — what investors watch next

Apple stock slips after Apple Card moves to JPMorgan from Goldman — what investors watch next

NEW YORK, January 8, 2026, 10:10 EST — Regular session Apple shares fell about 1.5% to $256.36 in morning trade on Thursday as investors digested a change in the Apple Card partnership that will shift the co-branded credit card to JPMorgan Chase from Goldman Sachs. AP News Apple and Chase said the handover is expected to take about 24 months, with Mastercard staying as the payment network. Jennifer Bailey, Apple’s vice president of Apple Pay and Apple Wallet, said Apple Card has “transformed the credit card experience,” while Chase card chief executive Allison Beer said the bank was “excited to
Dow Jones Today: Dow steadies near record highs as jobs report looms and Trump defense talk jolts stocks

Dow Jones Today: Dow steadies near record highs as jobs report looms and Trump defense talk jolts stocks

New York, January 8, 2026, 10:13 EST — Regular session The Dow Jones Industrial Average was up 129 points, or 0.3%, at 49,124.87 by mid-morning in New York. It has traded between 48,792 and 49,165 so far and sits about 1% below a recent peak near 49,621. Google The move matters because the index has been swinging on a mix of policy headlines and labor data, with investors trying to pin down whether the Federal Reserve can cut rates as quickly as markets have hoped. After a sharp run to new highs, even small surprises are landing harder. Data on
B2PRIME plugs into TradingView, lands ‘platinum’ badge as B2TRADER trading goes chart-side

B2PRIME plugs into TradingView, lands ‘platinum’ badge as B2TRADER trading goes chart-side

LIMASSOL, Cyprus, Jan 8, 2026, 17:00 (GMT+2) B2PRIME Group said on Thursday it has integrated its B2TRADER execution platform with TradingView, letting clients place trades directly from TradingView charts. The company said TradingView has recognised it as a Platinum Partner. TradingView The timing is not random. Charting tools are being pulled deeper into execution, with brokers and institutional platforms trying to keep traders inside a single screen from analysis to order entry. Finance Magnates said TradingView integrations are expanding as platforms compete on workflow and access. Finance Magnates B2PRIME is pitching reach as much as tech. The firm said TradingView
8 January 2026
Rolls-Royce shares jump on fresh buyback update as defense stocks rally

Rolls-Royce shares jump on fresh buyback update as defense stocks rally

London, Jan 8, 2026, 15:06 GMT Rolls-Royce (RR.L) shares firmed on Thursday after the company disclosed another round of share repurchases, buying 434,889 shares on Jan. 7 through UBS and saying it would cancel them. The purchase, split between the London Stock Exchange and CBOE CXE, was done at prices between 1,244 and 1,268 pence a share, and brings the total bought back since the program began to 1,843,755 shares, the company said. The buyback matters now because it is running into a key stretch for the jet engine maker, with investors watching whether capital returns keep rising alongside cash
Palantir stock steadies after Truist’s $223 call as investors eye next catalyst

Palantir stock steadies after Truist’s $223 call as investors eye next catalyst

New York, Jan 8, 2026, 10:01 EST — Regular session Palantir Technologies (PLTR.O) shares were up 0.1% at $181.81 on Thursday after swinging between $180.59 and $186.89 in early trade. Truist Securities initiated coverage with a buy rating and a $223 price target, calling the stock a “best-in-class AI asset” and pointing to demand for generative AI — software that can produce text and code — across governments and companies. The call lands as PLTR stock trades like a referendum on whether AI spending can stay hot and profitable at the same time. Truist framed its target as a 28.1%

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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