Today: 7 February 2026
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Honeywell stock slides below $200 as Wells Fargo trims target and new contracts land

Honeywell stock slides below $200 as Wells Fargo trims target and new contracts land

New York, Jan 7, 2026, 20:55 EST — Market closed Honeywell International Inc (HON) shares fell about 2.7% to close at $199.51 on Wednesday, slipping back below the $200 mark. Trading volume was about 5.1 million shares. The Wall Street Journal The drop comes ahead of Honeywell’s fourth-quarter results and its first look at 2026 guidance — the company’s financial forecast — due on Jan. 29 before the Nasdaq opens. Honeywell Wells Fargo analyst Joseph O’Dea cut his price target on Honeywell to $215 from $218 and kept an Equal Weight rating, a hold-style stance on the shares. He pointed
8 January 2026
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Wall Street jolted by Trump buyback, home-buying moves; S&P 500 slips, Nasdaq steadied by AI

Wall Street jolted by Trump buyback, home-buying moves; S&P 500 slips, Nasdaq steadied by AI

NEW YORK, Jan 7, 2026, 21:13 (EST) U.S. stocks slipped on Wednesday, with the S&P 500 and Dow closing lower after touching record highs earlier in the session as President Donald Trump’s policy shots hit defense and housing-related shares. The Nasdaq ended slightly higher as investors returned to AI, or artificial intelligence, heavyweights including Nvidia and Alphabet. The S&P 500 fell 0.34% to 6,920.93, the Nasdaq rose 0.16% to 23,584.28 and the Dow dropped 0.94% to 48,996.08. (Reuters) The retreat comes with earnings season weeks away and valuations already stretched. The S&P 500 is trading about 22 times expected earnings
8 January 2026
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Eaton stock drops 3% as Barclays trims target; traders eye late-January outlook

Eaton stock drops 3% as Barclays trims target; traders eye late-January outlook

New York, Jan 7, 2026, 21:02 (ET) — Market closed Eaton Corporation plc (ETN) shares fell 3.1% to close at $322.67 on Wednesday, giving back most of Tuesday’s 3.3% rise as U.S. stocks slid. The S&P 500 dropped 0.34% and the Dow fell 0.94%, while GE Aerospace fell 1.2%, Emerson Electric dropped 2.4% and TE Connectivity slipped 0.7%. Eaton is now about 19% below its 52-week high of $399.56 set in July. The move matters because Eaton has been valued as a direct beneficiary of the data-center buildout and broader electrification spending. In a choppy tape, that premium can tighten
8 January 2026
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Bristol Myers Squibb (BMY) stock jumps on UBS upgrade as investors look to January catalysts

Bristol Myers Squibb (BMY) stock jumps on UBS upgrade as investors look to January catalysts

New York, January 7, 2026, 20:54 (EST) — Market closed Bristol Myers Squibb shares rose 4.2% to $56.72 on Wednesday after UBS upgraded the drugmaker to buy and lifted its price target to $65 from $46. TipRanks The call matters now because big drugmakers are trying to convince investors they can bridge the next few years of patent losses without giving up growth later. Bristol Myers has been a litmus test for that trade: steady cash flows, but an earnings gap investors do not want to underwrite blindly. UBS analyst Michael Yee said the stock’s “risk/reward ratio” is “skewed… to
8 January 2026
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SpaceX lines up back-to-back Starlink launches from Florida as orbit crowding comes into focus

SpaceX lines up back-to-back Starlink launches from Florida as orbit crowding comes into focus

CAPE CANAVERAL, Florida, Jan 7, 2026, 21:04 EST SpaceX is set to launch another 29 Starlink internet satellites from Cape Canaveral on Saturday, with liftoff listed for 1:34 p.m. local time. Kennedy Space Center Visitor Complex The mission lands as SpaceX tries to keep expanding Starlink while addressing growing concerns about traffic in low Earth orbit — the band of space a few hundred miles above Earth where most broadband constellations operate. “Lowering the satellites results in condensing Starlink orbits, and will increase space safety in several ways,” Michael Nicolls, SpaceX’s vice president of Starlink engineering, wrote, citing lower debris
8 January 2026
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Analog Devices stock near $293 after chip rally pauses; insider sale and payrolls loom

Analog Devices stock near $293 after chip rally pauses; insider sale and payrolls loom

New York, Jan 7, 2026, 20:50 EST — Market closed Analog Devices (ADI.O) shares ended little changed on Wednesday at $292.89, after swinging between $286.75 and $293.03 in a choppy session that left the stock near recent highs. The steadiness matters because ADI is one of the cleaner read-throughs on “real economy” chip demand — the industrial and auto orders that tend to move late in the cycle, and can disappoint quickly when customers sit on inventory. Investors have been leaning into semiconductors early in 2026. The question now is whether that bid stays broad, or narrows back to the
8 January 2026
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PayPal stock drops 2% as PYPL traders digest CES ad-data push and eye Feb. 3 earnings

PayPal stock drops 2% as PYPL traders digest CES ad-data push and eye Feb. 3 earnings

New York, January 7, 2026, 20:45 EST — Market closed PayPal Holdings (PYPL.O) shares fell 2.2% on Wednesday to close at $58.51. Traders will be watching $58.26 as near-term “support” — where buyers often show up — and $60.13 as “resistance”, a ceiling that can cap a bounce. Yahoo Finance The move comes as PayPal leans harder into advertising, using purchase data to try to prove which ads drive sales, not just clicks. It rolled out Transaction Graph Insights & Measurement at CES this week, pitching a cross-merchant view of how people browse, compare and buy, EMARKETER reported. EMARKETER PayPal
8 January 2026
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Rocket Companies stock holds near 52-week high after Barclays target hike; mortgage apps drop

Rocket Companies stock holds near 52-week high after Barclays target hike; mortgage apps drop

NEW YORK, Jan 7, 2026, 20:42 EST — Market closed Rocket Companies, Inc. (RKT) shares closed up 0.3% at $21.28 on Wednesday, extending a sharp first-week run that included a 6.1% jump on Monday. The stock swung between $20.90 and $22.05 and traded more than 41 million shares, according to StockAnalysis. StockAnalysis The mortgage lender sits in a corner of the market where small shifts in rate expectations can hit volumes fast. Traders are watching for proof that lower borrowing costs can turn into more refinancing and purchase activity, not just better headlines. RKT is within about 6% of its
8 January 2026
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Adobe stock rises as holiday online sales hit $257.8B and AI shopping traffic jumpsAdobeAdobe stock rises as holiday online sales hit $257.8B and AI shopping traffic jumps

Adobe stock rises as holiday online sales hit $257.8B and AI shopping traffic jumpsAdobeAdobe stock rises as holiday online sales hit $257.8B and AI shopping traffic jumps

New York, Jan 7, 2026, 20:40 (EST) — Market closed Adobe (ADBE.O) shares rose 0.6% to $338.10 on Wednesday after Adobe Analytics data showed U.S. online holiday spending hit $257.8 billion, above the company’s prior forecast of $253.4 billion. Buy-now-pay-later, an installment-payment option, accounted for $20 billion of spending and retail sites saw a 693.4% jump in traffic tied to AI shopping assistants and chatbots, Adobe said. “Competitive discounts and flexible payment options like Buy Now Pay Later also contributed to driving record spend,” said Vivek Pandya, lead analyst at Adobe Digital Insights. Reuters The holiday dataset lands at an
8 January 2026
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Regeneron stock pops on BofA double-upgrade as 2026 catalysts stack up

Regeneron stock pops on BofA double-upgrade as 2026 catalysts stack up

New York, Jan 7, 2026, 20:51 EST — Market closed Regeneron Pharmaceuticals shares climbed 4.6% on Wednesday after Bank of America upgraded the drugmaker to “Buy” from “Underperform” and raised its price objective to $860. Investing.com The call matters because Regeneron’s stock has been stuck in a tug-of-war: investors want proof the company can defend its eye-medicine franchise as rivals and copycat versions crowd the field, while newer products and pipeline shots sit further out. BofA wrote that earlier worries around the standard-dose version of Eylea have been priced in, and it is now leaning on a faster shift to
8 January 2026
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Verizon stock near $40: payrolls report, dividend date and Jan. 30 earnings in focus

Verizon stock near $40: payrolls report, dividend date and Jan. 30 earnings in focus

NEW YORK, January 7, 2026, 20:26 EST — Market closed. Verizon Communications Inc (VZ) shares fell 0.4% to $40.13 at Wednesday’s close and ticked up to $40.15 in late trading. The stock ranged from $39.99 to $40.80 and traded about 23.2 million shares. Yahoo Finance+1 The modest move leaves Verizon heading into the next session with one clear company catalyst: its fourth-quarter report on Jan. 30. Verizon said it will post results and give a business update on a webcast starting at 8 a.m. Eastern time. Verizon Macro could still do the heavy lifting first. The S&P 500 ended down
8 January 2026
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Newmont stock dips after Boddington bushfire update flags 60,000-ounce Q1 gold hit

Newmont stock dips after Boddington bushfire update flags 60,000-ounce Q1 gold hit

New York, January 7, 2026, 20:15 EST — Market closed. Newmont Corp shares fell 1.1% on Wednesday, after the gold miner said damage from a bushfire near its Boddington operation in Western Australia is expected to reduce first-quarter 2026 gold output by about 60,000 ounces. The company said the processing plant has restarted but will run at about 50%–60% of normal rates until water-supply infrastructure is restored, a process it expects to run through February. Newmont Corporation The update matters because Boddington is one of Newmont’s cornerstone mines and has “consistently delivered over 800,000 gold equivalent ounces annually,” according to
8 January 2026
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Stock Market Today

Kenvue stock price holds near $18 as Kimberly-Clark deal math tightens — what to watch next week

Kenvue stock price holds near $18 as Kimberly-Clark deal math tightens — what to watch next week

7 February 2026
Kenvue shares closed Friday at $18.13, up 0.33%, with about 63.5 million shares traded. The Kimberly-Clark offer values Kenvue at roughly $18.76 per share, leaving a deal spread of about 3%. Both companies’ shareholders approved the merger, which is expected to close in the second half of 2026 pending regulatory approvals. Kenvue’s dividend record date is Feb. 11, with earnings due Feb. 17.
IREN stock heads into Monday after 5% rebound as Microsoft AI financing stays in focus

IREN stock heads into Monday after 5% rebound as Microsoft AI financing stays in focus

7 February 2026
IREN shares closed up 5.1% at $41.83 Friday after reporting a $155.4 million quarterly loss and $184.7 million in revenue. The company announced $3.6 billion in GPU financing for its Microsoft contract, with $2.8 billion in cash as of Jan. 31. Bitcoin mining revenue fell, while AI cloud services rose. Traders await bitcoin’s weekend move and Monday’s market reaction.
Cadence Bank stock is stuck at $42.11 after Huntington deal — what CADE holders watch next week

Cadence Bank stock is stuck at $42.11 after Huntington deal — what CADE holders watch next week

7 February 2026
Cadence Bank shares have been delisted following Huntington Bancshares’ takeover, with each Cadence share converted into 2.475 Huntington shares. Huntington closed Friday at $19.27 and named Senthil Kumar as chief risk officer ahead of new regulatory requirements. The merger leaves Cadence as a brand under Huntington, with customer account conversions planned for mid-2026. Huntington executives will address investors at a UBS conference on Tuesday.
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