Costco stock price forecast: Wall Street’s $1,000 call meets a holiday-sales test after the bell

Costco stock price forecast: Wall Street’s $1,000 call meets a holiday-sales test after the bell

New York, January 7, 2026, 15:41 EST — Regular session Costco Wholesale Corp shares eased on Wednesday as traders braced for a December sales update due after the bell, a report that could reset near-term views on the stock. The shares were down 0.6% at $884.07 in afternoon trade. The timing matters. Costco’s monthly sales releases are one of the few hard reads investors get between earnings on holiday demand, traffic and membership momentum — the engine that helps fund profits. It also lands at an awkward moment for forecasts. The stock is still well below last year’s peak, and
Texas InstrumentsTexas Instruments stock slides 3.6% as chip rally cools; Jan. 27 earnings call in focus

Texas InstrumentsTexas Instruments stock slides 3.6% as chip rally cools; Jan. 27 earnings call in focus

NEW YORK, Jan 7, 2026, 15:30 ET — Regular session Texas Instruments Incorporated shares were down 3.6% at $185.23 in late afternoon trading on Wednesday, after closing at $192.10 a day earlier. NXP Semiconductors fell 3.1%, while Microchip Technology slid 2.0% and Analog Devices and ON Semiconductor each dipped about 0.4%. The pullback matters because Texas Instruments is widely watched as a bellwether for analog chips used in factory gear and cars, markets that have been stuck in an inventory unwind. Investors have been quick to trade the stock on small shifts in demand signals. This week’s moves underline how
Merck stock slips after Cidara tender offer; $9 billion R&D hit and HPV schedule shift in focus

Merck stock slips after Cidara tender offer; $9 billion R&D hit and HPV schedule shift in focus

New York, Jan 7, 2026, 15:40 (EST) — Regular session Merck & Co (MRK.N) shares were down about 0.3% at $108.59 in afternoon trade on Wednesday after the drugmaker said it had completed its cash tender offer for Cidara Therapeutics (CDTX.O) and expected to finish the acquisition through a merger later in the day. The company said the deal will be treated as an asset acquisition, lifting 2026 research and development expense by about $9.0 billion and cutting earnings per share by roughly 30 cents in the first 12 months. “The acquisition of Cidara strengthens and complements our expanding respiratory
Oracle stock price forecast: Wall Street splits as UBS cuts to $280 and Jefferies sticks with $400

Oracle stock price forecast: Wall Street splits as UBS cuts to $280 and Jefferies sticks with $400

NEW YORK, January 7, 2026, 15:31 EST — Regular session Oracle shares were little changed on Wednesday as investors digested fresh analyst calls that painted a wide 12-month path for the stock. The shares were down 0.1% at $193.52 in mid-afternoon trade, after touching $195.49 earlier in the session. Why it matters now: Oracle has become a proxy for investor nerves around debt-funded AI data-center buildouts and customer concentration. UBS analyst Karl Keirstead cut his price target to $280 from $325 on Monday while keeping a “Buy” rating, saying the roughly 41% slide from mid-September highs showed confidence has cracked
RTX stock hits fresh high on FAA radar deal — can the rally hold into earnings?

RTX stock hits fresh high on FAA radar deal — can the rally hold into earnings?

NEW YORK, Jan 7, 2026, 15:34 EST RTX shares were down 1.8% at $187.06 in afternoon New York trading on Wednesday after earlier touching $193.73, as investors pushed the aerospace and defense contractor to another new high in a choppy session. The move matters now because RTX is tied into two big pipes of spending at once: a U.S. push to rebuild air traffic control infrastructure and a longer-running surge in defense orders. Those programs tend to stretch over years, the kind of work that can steady revenue even when the cycle turns. It also lands just weeks before RTX
Intel stock price forecast: INTC jumps on 18A chip rollout as a $50 target re-enters view

Intel stock price forecast: INTC jumps on 18A chip rollout as a $50 target re-enters view

New York, January 7, 2026, 15:29 EST — Regular session Intel shares jumped 6.3% to $42.56 in afternoon trading on Wednesday, outpacing a slide in chip ETFs, as investors leaned into the company’s CES pitch that its new 18A manufacturing push is ready for prime time. The iShares Semiconductor ETF fell 1.2% and VanEck’s chip ETF slipped 0.7%, while the Nasdaq 100 ETF was modestly higher and the S&P 500 ETF edged down. Why it matters now is credibility. Intel’s stock has become a referendum on whether it can execute its manufacturing roadmap after years of delays and missed windows,
Meta stock price forecast: China review of Manus deal drags META as Wall Street targets $822

Meta stock price forecast: China review of Manus deal drags META as Wall Street targets $822

New York, January 7, 2026, 15:28 EST — Regular session Meta Platforms (META.O) shares fell about 1.7% to $649.66 on Wednesday afternoon after a report said Chinese officials are reviewing the company’s purchase of artificial intelligence startup Manus. The Financial Times said the review could hinge on whether the transaction required an export license under Chinese law; Meta and Manus did not respond to requests for comment. Reuters The headline matters now because investors are trying to pin down what, exactly, Meta gets for its AI spending and deal-making in 2026, and what it might cost to keep it all
Pentagon-Lockheed deal aims to triple PAC-3 Patriot interceptor output to 2,000 a year

Pentagon-Lockheed deal aims to triple PAC-3 Patriot interceptor output to 2,000 a year

PentagoWASHINGTON, January 7, 2026, 15:34 (EST) The U.S. Department of War said it has signed a seven-year framework agreement with Lockheed Martin to lift annual production of the PAC-3 Missile Segment Enhancement (MSE) — a Patriot interceptor meant to hit incoming missiles — to about 2,000 units from roughly 600. The department said it will also work with key suppliers on seven-year subcontracts, part of what it calls a new acquisition model. Michael Duffey, the under secretary for acquisition and sustainment, called it “a fundamental shift in how we rapidly expand munitions production.” U.S. Department of War Demand for Patriot
PLTR stock price forecast: Palantir climbs as Truist slaps $223 target on shares

PLTR stock price forecast: Palantir climbs as Truist slaps $223 target on shares

NEW YORK, Jan 7, 2026, 15:34 EST — Regular session Palantir Technologies (PLTR) shares rose 1.8% to $182.98 in late afternoon trading on Wednesday after Truist Securities initiated coverage with a buy rating and a $223 price target. The stock ranged between $177.70 and $187.26, with traders eyeing whether it can stay north of $180 into the close. Investing.com The fresh call matters because Palantir has turned into a proxy for whether “generative AI” — tools that can produce text, code and images — is moving from pilots to budget lines. It is also a test of how far investors will
Microsoft stock price forecast: MSFT climbs as AI trade returns — payrolls and earnings in focus

Microsoft stock price forecast: MSFT climbs as AI trade returns — payrolls and earnings in focus

NEW YORK, January 7, 2026, 15:29 (EST) — Regular session Microsoft (MSFT) shares rose 1.2% to $484.34 in afternoon trading on Wednesday, keeping pace with a renewed bid for big-cap tech. The stock ended Tuesday at $478.51. The move comes as investors rotate back into stocks tied to artificial intelligence, after recent hand-wringing over stretched valuations. The Nasdaq was up 0.48% and the S&P 500 was up 0.03%, with Microsoft among the AI-linked names leading gains. “Investors have come into 2026 with a similar playbook to last year: Buy tech and forget about it,” Jake Dollarhide, chief executive of Longbow
IREN stock price forecast: Why the shares are sliding and what to watch before earnings

IREN stock price forecast: Why the shares are sliding and what to watch before earnings

New York, January 7, 2026, 15:28 EST — Regular session IREN Ltd shares were down 2.8% at $44.63 in late-afternoon trade, after swinging between $44.12 and $46.57 earlier in the session. Volume topped 16 million shares, putting the stock back in traders’ crosshairs after another choppy start to the year. Why it matters now: IREN sits at the seam between bitcoin mining and the newer AI data-center trade, and that mix can cut both ways when risk appetite turns. The company’s last big re-rating came on the back of a multi-year GPU cloud deal with Microsoft, which also left investors
Natural gas price forecast: Henry Hub jumps on colder mid-January outlook ahead of EIA storage report

Natural gas price forecast: Henry Hub jumps on colder mid-January outlook ahead of EIA storage report

NEW YORK, Jan 7, 2026, 15:34 (EST) — Regular session Key points: U.S. natural gas futures climbed nearly 6% on Wednesday, rebounding from a $3.35 close a day earlier as traders leaned on a colder mid-month weather picture. The front-month Henry Hub contract was around $3.55 per million British thermal units (mmBtu), after trading between $3.42 and $3.59 on the day. Investing.com The bounce matters now because the market has been trading the weather first and everything else second. A few warmer model runs have been enough to push prices down sharply; a colder run can flip the tape just as

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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