Qualcomm stock slips after report flags Samsung 2nm chip talks; earnings next

Qualcomm stock slips after report flags Samsung 2nm chip talks; earnings next

New York, January 7, 2026, 14:36 EST — Regular session QUALCOMM Incorporated shares fell 2.6% to $177.79 on Wednesday afternoon after Chief Executive Cristiano Amon was quoted by the Korea Economic Daily as saying the chip designer is talking first with Samsung Electronics about contract manufacturing of two‑nanometre (2nm) chips. Qualcomm was not immediately available for comment and Samsung said it does not comment on specific customers, the report said. Reuters The timing matters because 2nm is the next rung on the chipmaking ladder. Smaller process nodes can pack more transistors into the same space, which usually helps speed and
RKLB stock price forecast: Rocket Lab slips on insider sales as earnings loom

RKLB stock price forecast: Rocket Lab slips on insider sales as earnings loom

New York, Jan 7, 2026, 14:38 EST — Regular session Rocket Lab Corp shares fell 1.3% to $84.94 in afternoon trade on Wednesday after SEC filings showed CFO Adam C. Spice exercised employee options and sold 1,365,665 shares for about $103.1 million, and chief operations officer Frank Klein sold 100,000 shares for about $7.3 million. Both trades ran under Rule 10b5-1 plans — pre-arranged programs that schedule trades — and the stock has traded between $81.85 and $85.96 in the session. The sales hit as RKLB has become a momentum name. The stock ended Tuesday at a record $86.03 and
BMNR stock forecast: BitMine slides as crypto cools, with a Jan. 14 vote looming

BMNR stock forecast: BitMine slides as crypto cools, with a Jan. 14 vote looming

New York, January 7, 2026, 14:38 EST — Regular session BitMine Immersion Technologies’ shares fell 5.2% to $30.65 in afternoon trading on Wednesday, after swinging between $30.24 and $32.81 earlier in the session. The drop matters now because BMNR has turned into a fast-moving proxy for crypto prices, especially ether, and it heads into a shareholder vote that could reshape the stock’s supply. Traders have been treating it less like a miner and more like a liquid, listed claim on a crypto treasury. That vote is on a plan to lift authorized shares — the ceiling on how many shares
ASTS stock price forecast: Scotiabank downgrade hits AST SpaceMobile as targets split wide

ASTS stock price forecast: Scotiabank downgrade hits AST SpaceMobile as targets split wide

NEW YORK, Jan 7, 2026, 14:43 EST — Regular session AST SpaceMobile shares slid about 11% on Wednesday after Scotiabank downgraded the satellite-to-smartphone company. The stock was down $10.77 at $86.72 in afternoon trade, after touching $95.25 earlier and a low of $85.37. The drop matters now because ASTS is priced like a timetable. Investors have been leaning on the idea that direct-to-device broadband — 4G and 5G links beamed from orbit to standard phones — moves from tests to paying users sooner rather than later, and without ugly surprises. AT&T said it plans to start offering a “beta” direct-to-device
Broadcom stock price forecast: AVGO tests $350 after $4.5B bond pricing and Wi‑Fi 8 launch

Broadcom stock price forecast: AVGO tests $350 after $4.5B bond pricing and Wi‑Fi 8 launch

New York, Jan 7, 2026, 14:36 EST — Regular session Broadcom shares rose 0.9% to $346.8 on Wednesday after a pricing term sheet showed the chipmaker locked in terms for a $4.5 billion, four-part senior notes sale. Coupons run from 4.3% due 2031 to 5.7% due 2056, with spreads of 60 to 88 basis points — 0.60 to 0.88 percentage point — over Treasuries. Broadcom estimated net proceeds of about $4.47 billion and said it plans to use the money for general corporate purposes and debt repayment, with closing set for Jan. 13. The funding move matters for AVGO because
Bitcoin price forecast: $100,000 bets build as BTC slips below $91,000 before U.S. jobs data

Bitcoin price forecast: $100,000 bets build as BTC slips below $91,000 before U.S. jobs data

NEW YORK, January 7, 2026, 14:34 (EST) — Regular session Bitcoin fell on Wednesday, with the world’s largest cryptocurrency down about 1.4% at $90,951. It has traded between $90,629 and $93,734 so far in the session. The pullback lands in a week when macro data are back in charge of the tape, and bitcoin is trading with it. U.S. job openings slid in November and economists expect Friday’s nonfarm payrolls report to show another modest gain, a mix that could shape rate-cut bets and risk appetite in one go. Reuters Derivatives markets are flashing two numbers at once. Bitcoin options
Oil price forecast: Brent, WTI slide on Trump Venezuela move as 2026 surplus looms

Oil price forecast: Brent, WTI slide on Trump Venezuela move as 2026 surplus looms

New York, Jan 7, 2026, 14:45 (EST) — Regular session Oil prices fell on Wednesday after President Donald Trump said Venezuela would turn over 30 million to 50 million barrels of sanctioned crude to the United States, feeding fears of more supply in an already well-stocked market. Brent crude futures were down 40 cents, or 0.7%, at $60.31 a barrel by 11:05 a.m. ET, after touching $59.88, and U.S. West Texas Intermediate (WTI) was down 74 cents, or 1.3%, at $56.39 after hitting $55.76; both benchmarks slid more than $1 in the previous session. SEB analyst Ole Hvalbye called the
Tesla stock price forecast swings: Wall Street split from $25 to $600 ahead of earnings

Tesla stock price forecast swings: Wall Street split from $25 to $600 ahead of earnings

NEW YORK, Jan 7, 2026, 14:35 EST — Regular session Tesla shares edged higher on Wednesday as fresh price forecasts from Wall Street widened the gap between bulls betting on self-driving and bears focused on the car business. The stock was up about 0.6% at $435.40 in afternoon trade. The calls matter because Tesla is due to report fourth-quarter results after the close on Jan. 28, a reset point for expectations on profit, pricing and the timetable for new products. Tesla said earlier this month it delivered 418,227 vehicles in the quarter and deployed a record 14.2 gigawatt-hours of energy
American Airlines stock pops as free AT&T Wi‑Fi rollout kicks off, beating peers

American Airlines stock pops as free AT&T Wi‑Fi rollout kicks off, beating peers

New York, January 7, 2026, 14:25 (EST) — Regular session American Airlines Group Inc shares rose nearly 3% on Wednesday after the carrier said it has begun rolling out free in-flight Wi‑Fi for members of its AAdvantage loyalty program, with sponsorship from AT&T. The stock was up 2.9% at $16.12 in afternoon trading, while Delta dipped 0.1%, United slipped 0.3% and Southwest added 0.8%. American touched a session high of $16.50 and has traded about 65 million shares. The move matters because free onboard internet has turned into a loyalty weapon, not a nice-to-have, as U.S. airlines fight for repeat
Gold price forecast: Jobs report looms as bullion slips on profit-taking

Gold price forecast: Jobs report looms as bullion slips on profit-taking

NEW YORK, Jan 7, 2026, 14:33 EST — Regular session Gold fell more than 1% on Wednesday as investors locked in profits after a two-day surge, with traders waiting on Friday’s U.S. jobs report to test expectations for Federal Reserve rate cuts. Spot gold was down 0.9% at $4,445.32 an ounce by 1:36 p.m. ET after sliding as low as $4,422.89, and U.S. gold futures settled 0.7% lower at $4,462.50. Spot silver slid 4.1% to $77.93. Reuters The metal has been whipsawed by Washington’s intervention in Venezuela and the fallout from President Nicolas Maduro’s capture, which revived demand for havens. “The
Compass stock jumps as Q4 outlook lifts and $750 million notes plan lines up for Anywhere deal

Compass stock jumps as Q4 outlook lifts and $750 million notes plan lines up for Anywhere deal

NEW YORK, Jan 7, 2026, 14:24 (ET) — Regular session Compass, Inc. (NYSE: COMP) shares jumped 13.4% to $12.28 in afternoon trading on Wednesday after swinging between $9.90 and $12.54, with about 68 million shares changing hands. The real estate brokerage lifted its fourth-quarter outlook, projecting revenue at the high end of its $1.59 billion to $1.69 billion range and adjusted EBITDA — a profit metric that strips out interest, taxes and some non-cash costs — at or slightly above the high end of its $35 million to $49 million range. It also reported adding more than 800 principal agents
Valero Energy stock jumps 4% as California imports plan and Venezuela oil headlines hit refiners

Valero Energy stock jumps 4% as California imports plan and Venezuela oil headlines hit refiners

New York, January 7, 2026, 14:27 (ET) — Regular session Valero Energy Corp shares rose 4.4% to $186.08 in afternoon trade on Wednesday after the refiner said it will keep importing gasoline into Northern California as it idles its 145,000-barrel-per-day Benicia refinery in April 2026. Valero plans to begin idling process units in February for mandatory state inspections and expects most units to be properly shut down by April; California Governor Gavin Newsom called the move a “constructive shift” and Valero said it will meet contractual supply obligations by drawing on inventories and imports. The stock hit $191 earlier; Marathon

Stock Market Today

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 07.02.2026

7 February 2026
LIVEMarkets rolling coverageStarted: February 7, 2026, 12:00 AM ESTUpdated: February 7, 2026, 12:58 AM EST Crude Oil Prices Rise on Dollar Weakness, Geopolitical Tensions February 7, 2026, 12:52 AM EST. Crude oil prices edged higher on Friday, supported by a weaker U.S. dollar and escalating geopolitical risks in the Middle East. March WTI crude gained 0.41%, rebounding from early losses, while gasoline prices rose 1.38%. Doubts over a U.S.-Iran nuclear deal loom after reports of Iran's refusal to halt uranium enrichment, raising the risk of military action and potential disruption of vital shipping routes. Additionally, a surge in U.S. consumer
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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