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
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
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
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
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
8 January 2026

Stock Market Today

Broadcom Stock Gets a Google AI Spend Lift as Jefferies Sees 60% Upside

Broadcom Stock Gets a Google AI Spend Lift as Jefferies Sees 60% Upside

7 February 2026
Google raised its 2026 capital expenditure forecast to $175 billion–$185 billion, with most spending expected on data-center chips. Broadcom shares rose about 2% after the announcement, while Nvidia and AMD slipped. Jefferies reiterated a buy rating on Broadcom, maintaining a $500 price target, implying a 62% upside from Wednesday’s close.
No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

7 February 2026
The IRS has not announced new federal stimulus payments for February 2026, and Congress has not approved fresh checks. Trump told NBC he is considering $2,000 tariff rebate checks but has not committed, saying any payout would likely come later in 2026. The IRS warns taxpayers to ignore texts and emails about “stimulus payments” and verify notices through official channels.
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