Lam Research stock pulls back after-hours as fresh $260 Buy call runs into Jan. 28 earnings

Lam Research stock pulls back after-hours as fresh $260 Buy call runs into Jan. 28 earnings

New York, January 7, 2026, 17:02 ET — After-hours Lam Research (LRCX.O) shares ended down 1.9% on Wednesday and were last at $203.08 in after-hours trade, after swinging between $200.04 and $206.77 in the regular session. The drop snapped a three-day winning streak and left the chip-tool maker about 3.5% below its $210.45 52-week high, set a day earlier. Volume climbed to 14.8 million shares, above its 50-day average, as the S&P 500 and Dow slid and chip-related names also softened. marketwatch.com Why it matters now: Lam has been a momentum name in chip equipment, and the stock is close
Lockheed Martin stock slides after Patriot missile deal, Goldman sticks to $430 sell target

Lockheed Martin stock slides after Patriot missile deal, Goldman sticks to $430 sell target

NEW YORK, Jan 7, 2026, 17:02 EST Lockheed Martin has struck a seven-year framework agreement with the U.S. Department of War to more than triple production capacity of its PAC-3 missile interceptors, a key part of the Patriot air-defense system. Output is expected to rise to about 2,000 a year from roughly 600 as demand for air defenses climbs, and the missiles have also been supplied to Ukraine. The U.S. military awarded Lockheed a record $9.8 billion contract in September for 1,970 Patriot missiles. Reuters The deal lands as the department tries to push munitions into a faster, steadier production
Netflix stock steadies after Warner board rejects Paramount bid again, earnings next

Netflix stock steadies after Warner board rejects Paramount bid again, earnings next

New York, Jan 7, 2026, 16:56 EST — After-hours Netflix (NFLX.O) shares were up 0.1% at $90.73 in after-hours trading on Wednesday after Warner Bros. Discovery (WBD.O) told shareholders to reject Paramount Skydance’s (PSKY.O) amended tender offer and stick with Netflix’s merger agreement. “Paramount’s offer continues to provide insufficient value,” Warner chair Samuel A. Di Piazza Jr. said. Netflix traded between $90.09 and $92.41 in the regular session; Warner Bros. Discovery was up 0.3% and Paramount Skydance fell 1.1%. Warner Bros. Discovery The renewed rejection keeps Netflix’s stock tethered to a question bigger than subscriber churn or content slates: can
JPMorgan set to take over Apple Card from Goldman in $20 billion switch

JPMorgan set to take over Apple Card from Goldman in $20 billion switch

NEW YORK, January 7, 2026, 16:45 EST JPMorgan Chase has struck a deal to take over Apple Inc.’s credit-card program from Goldman Sachs, the Wall Street Journal reported on Wednesday, citing people familiar with the matter. JPMorgan would become the new issuer — the bank that extends the credit and runs the account — for Apple Card, one of the largest co-branded card programs in the United States with about $20 billion in balances, the report said. JPMorgan and Goldman declined to comment, and Apple did not immediately respond to a request for comment. Reuters For JPMorgan, the deal would
Western Digital stock sinks after CES-fueled rally cools; WDC traders eye jobs data next

Western Digital stock sinks after CES-fueled rally cools; WDC traders eye jobs data next

New York, January 7, 2026, 16:54 EST — After-hours Western Digital Corp shares were down 8.9% at $199.88 in after-hours trading on Wednesday. The stock swung between $219.36 and $195.30 in the session. The pullback followed a burst of buying on Tuesday that sent storage-linked names to fresh highs after Nvidia’s Jensen Huang outlined new AI hardware and a new layer of storage technology at CES in Las Vegas. Western Digital rose 17% on Tuesday, while flash-memory spinoff SanDisk jumped more than 27% and peers Seagate Technology and Micron Technology also rallied. “I think we’re going to have a very
Broadcom stock barely budges after hours as AVGO prices $4.5 billion bond deal

Broadcom stock barely budges after hours as AVGO prices $4.5 billion bond deal

NEW YORK, January 7, 2026, 16:38 EST — After-hours Broadcom shares were little changed after the close on Wednesday, last down about 0.1% at $343.50. The chipmaker’s latest move is on the balance sheet: it has now put firm price tags on a four-part bond sale, tapping long-dated funding as investors keep one eye on rates and one on big-ticket tech spending. The broader tape stayed jumpy. The S&P 500 ended lower while the Nasdaq finished higher, helped by AI-linked mega-caps, Reuters reported. “Rumors that the AI trade was done turned out not to be true,” said Jake Dollarhide, chief
Sandisk Corporation stock steadies after CES-fueled spike as Jan. 29 earnings loom

Sandisk Corporation stock steadies after CES-fueled spike as Jan. 29 earnings loom

New York, Jan 7, 2026, 16:44 (ET) — After-hours Sandisk Corp shares were last up 1.2% at $353.56 in after-hours trading on Wednesday. Western Digital and Seagate slid 8.9% and 6.7%, but Sandisk held near the highs after a 27%+ jump on Tuesday tied to Nvidia CEO Jensen Huang’s CES remarks on a new layer of storage technology; it traded between $331.74 and $355.10 on Wednesday. Nvidia rose 1%, and “we’re going to have a very strong earnings season for Big Tech,” said Jed Ellerbroek at Argent Capital, pointing to higher capital spending. Reuters The trade matters because investors are
Eli Lilly stock jumps after $1.2B Ventyx buy as obesity-pill bets come into focus

Eli Lilly stock jumps after $1.2B Ventyx buy as obesity-pill bets come into focus

New York, Jan 7, 2026, 4:55 PM EST — After-hours Eli Lilly and Co shares climbed on Wednesday after the drugmaker agreed to buy Ventyx Biosciences in a $1.2 billion deal, pressing ahead with its push beyond blockbuster diabetes and weight-loss drugs. Lilly stock ended up 4.1% at $1,108.09, after touching $1,117.37, for a market value around $1 trillion. reuters.com The move matters because Lilly’s valuation leaves little room for stumbles. Investors have started to look past the first wave of obesity demand and toward what fills the pipeline later in the decade, especially if pricing gets tougher. Pills are
Rocket Lab stock slips after COO’s $7.3 million sale filing; RKLB focus shifts to earnings

Rocket Lab stock slips after COO’s $7.3 million sale filing; RKLB focus shifts to earnings

New York, Jan 7, 2026, 16:55 EST — After-hours Rocket Lab Corp shares closed down 2.2% at $84.16 on Wednesday, after swinging between $81.85 and $85.96 as investors digested an insider sale after a sharp run-up earlier this week. StockAnalysis The pullback matters because Rocket Lab has become a crowded trade in space-and-defense stocks, where price moves have been fast and explanations thin. After a big early-January jump, traders have been quick to treat insider selling as a check on momentum, even when it is routine. A filing with the U.S. Securities and Exchange Commission showed Chief Operating Officer Frank
Strategy Inc stock rises after MSCI drops plan to kick bitcoin-treasury firms out of indexes

Strategy Inc stock rises after MSCI drops plan to kick bitcoin-treasury firms out of indexes

New York, Jan 7, 2026, 16:40 EST — After-hours Strategy (MSTR.O) was up 2.5% at $161.83 in after-hours trading on Wednesday after MSCI scrapped a plan to exclude digital-asset treasury companies from its indexes. MSCI said it would keep its current approach — covering Strategy, which it lists as a firm whose digital-asset holdings are at least half of total assets — while it launches a broader review; Strategy said the policy would hold for MSCI’s February 2026 index review. Bitcoin fell 2.7% to $90,986, and Strategy’s shares were down about 47.5% last year. Reuters That matters because MSCI’s benchmarks
AMD stock slips after hours as CES AI chip blitz sets up Feb. 3 earnings test

AMD stock slips after hours as CES AI chip blitz sets up Feb. 3 earnings test

New York, Jan 7, 2026, 4:33 PM EST — After-hours Advanced Micro Devices shares fell about 2% to $210.02 in after-hours trading on Wednesday, after trading between $207.23 and $213.95 during the day. The slide lands as investors pick through AMD’s CES headlines and try to square them with what matters most in the near term: orders, margins and whether demand holds up into the February earnings report. AMD said on Tuesday it will report fiscal fourth-quarter and full-year 2025 results on Feb. 3 after the market close, with a conference call set for 5 p.m. EST. Advanced Micro Devices,
Meta stock drops after hours as court fight and smart-glasses supply squeeze keep traders cautious

Meta stock drops after hours as court fight and smart-glasses supply squeeze keep traders cautious

New York, January 7, 2026, 16:36 EST — After-hours Meta Platforms shares fell 1.8% to $648.69 in after-hours trading on Wednesday, after moving between $644.92 and $659.01 during the session. The slip came as investors kept rotating around big tech and AI names, with Nvidia and Alphabet lifting the Nasdaq even as the S&P 500 ended lower. “Investors have come into 2026 with a similar playbook to last year: Buy tech and forget about it,” Jake Dollarhide, chief executive of Longbow Asset Management, said. Reuters Fresh U.S. labor data also kept rate bets in play — the kind of backdrop

Stock Market Today

Wesfarmers share price: what to watch on ASX next week as results loom

Wesfarmers share price: what to watch on ASX next week as results loom

7 February 2026
Wesfarmers shares closed down 1.33% at A$85.04 on Friday, following a sharp drop in the S&P/ASX 200, which fell 2% for its steepest one-day loss in 10 months. Investors are watching for Australia’s household spending data next week and Wesfarmers’ half-year results due Feb. 19.
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