Today: 7 February 2026
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Why First Solar stock is sliding today: Jefferies downgrade puts 2026 bookings in the spotlight

Why First Solar stock is sliding today: Jefferies downgrade puts 2026 bookings in the spotlight

New York, Jan 7, 2026, 13:34 ET — Regular session Shares of First Solar (FSLR.O) fell about 10% on Wednesday after Jefferies downgraded the U.S. solar module maker to “Hold,” warning that expectations for 2026 are running ahead of what the company can likely deliver. The stock was down 9.9% at $242.05 in afternoon trading. The downgrade lands after a strong rally late last year that pushed the stock close to a 52-week high, leaving little room for surprises in a sector that still trades on policy headlines. First Solar ended Tuesday at $268.78, about 6% below its 52-week high
7 January 2026
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Fermi Inc stock slides 10% on fresh class-action filing headlines, with Evercore conference next

Fermi Inc stock slides 10% on fresh class-action filing headlines, with Evercore conference next

New York, January 7, 2026, 13:24 (EST) — Regular session Shares of Fermi Inc (FRMI.O) slid on Wednesday, last down $1.01, or about 10.6%, at $8.50. The stock hit an intraday low of $8.37 and had traded about 5.6 million shares. The move came as plaintiffs’ firms pushed fresh notices around a proposed securities class action lawsuit, reopening questions about how Fermi pitched demand and funding for its Project Matador campus in Texas. Glancy Prongay & Murray said the case targets investors who bought stock in or traceable to the October IPO, priced at $21 a share, or bought securities
7 January 2026
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AppLovin stock rises after Piper Sandler sticks with $800 target as earnings loom

AppLovin stock rises after Piper Sandler sticks with $800 target as earnings loom

New York, January 7, 2026, 13:29 (ET) — Regular session AppLovin (APP.O) shares rose 3.5% to $638.63 in afternoon trade on Wednesday after Piper Sandler analyst James Callahan reiterated an Overweight rating — meaning he expects the stock to outperform — and kept an $800 price target. Piper pointed to encouraging U.S. e-commerce advertising signals and stronger Black Friday and Cyber Monday checks, according to an Investing.com report. Investing.com The call lands as investors hunt for proof that AppLovin can widen its ad business beyond mobile games, a push that has become the stock’s main debate. Benchmark analyst Miike Hickey
7 January 2026
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Skyworks Solutions stock tumbles nearly 12% in regular session as SWKS slides on CES week

Skyworks Solutions stock tumbles nearly 12% in regular session as SWKS slides on CES week

New York, Jan 7, 2026, 13:25 ET — Regular session Skyworks Solutions shares were down 11.8% at $58.44 in afternoon trade on Wednesday, after touching an intraday low of $58.17. No immediate catalyst was apparent. The selloff comes as the chipmaker works to convince investors it can lean more on markets beyond smartphones, with CES 2026 in full swing. “As AI accelerates at the edge, Skyworks delivers high-performance technologies that move data, synchronize intelligent systems,” Yusuf Jamal, a senior vice president at the company, said in a CES-related release. Nasdaq That push sits alongside a bigger overhang: Skyworks’ planned cash-and-stock
7 January 2026
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Bloom Energy stock jumps 7% as traders revisit Wells Fargo $600 million credit line

Bloom Energy stock jumps 7% as traders revisit Wells Fargo $600 million credit line

NEW YORK, January 7, 2026, 13:10 EST — Regular session Bloom Energy (BE) shares rose 7.5% to $110.82 in afternoon trading on Wednesday, after touching $112.38 earlier in the session. The stock traded between $103.75 and $112.38 on volume of about 10.2 million shares. The move keeps focus on Bloom, which sells solid-oxide fuel cells that generate electricity without combustion and can be deployed as on-site microgrids when grid power is scarce. “Leaders in the AI industry … do not enjoy the luxury of being able to wait for traditional grid infrastructure,” Bloom’s chief commercial officer Aman Joshi said in
7 January 2026
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Viasat stock slides as Evergreen signs on for Inmarsat NexusWave, CFO sale hits tape

Viasat stock slides as Evergreen signs on for Inmarsat NexusWave, CFO sale hits tape

New York, January 7, 2026, 13:26 EST — Regular session Viasat shares fell $4.89, or about 11.3%, to $38.57 on Wednesday, a day after the stock closed at $43.46. The shares traded between $38.27 and $43.58. The drop comes as investors weigh whether Viasat’s Inmarsat business can keep landing big mobility customers that buy recurring service, not just hardware. Maritime contracts matter because they can be sticky, with ships typically locked into connectivity providers for years. That is a key question for Viasat heading into its next results, as the company tries to show steady demand across its mobility products
7 January 2026
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Oracle stock slips as Jefferies sticks with $400 target; jobs report and dividend date loom

Oracle stock slips as Jefferies sticks with $400 target; jobs report and dividend date loom

New York, January 7, 2026, 13:23 (ET) — Regular session Oracle Corp (ORCL) shares slipped on Wednesday as investors digested a Jefferies note earlier this week that reiterated a Buy rating and kept a $400 price target. The stock was down about 0.2% at $193.40 in afternoon trade, after moving between $192.20 and $195.49. About 6 million shares had changed hands. Investing.com The stakes are bigger than a one-day move. Oracle’s AI push hinges on turning signed cloud contracts into revenue while it expands data-center capacity. In its latest quarterly report, Oracle said remaining performance obligations — booked contracts not
7 January 2026
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CrowdStrike stock jumps 6% as Cantor sticks with $590 target and CRWD leads cyber rally

CrowdStrike stock jumps 6% as Cantor sticks with $590 target and CRWD leads cyber rally

New York, January 7, 2026, 13:10 (EST) — Regular session CrowdStrike Holdings Inc (CRWD.O) shares climbed 5.6% to $483.88 on Wednesday, leading a broad rise in cybersecurity stocks. Palo Alto Networks rose 4.7%, Fortinet gained 3.0% and SentinelOne added 1.8%. The move comes as traders in high-growth software weigh fresh signs the U.S. labor market is cooling, a backdrop that can swing appetite for rate-sensitive tech. Private payrolls rose by 41,000 in December, below economists’ forecasts, according to ADP. Reuters Cantor Fitzgerald reiterated an Overweight rating and kept a $590 price target on CrowdStrike, pointing to improving subscription momentum. Investors
7 January 2026
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Why Wave Life Sciences (WVE) stock is up today after Arrowhead’s obesity data spotlights INHBE

Why Wave Life Sciences (WVE) stock is up today after Arrowhead’s obesity data spotlights INHBE

New York, Jan 7, 2026, 12:57 (EST) — Regular session Wave Life Sciences shares rose 4.4% to $15.82 in midday trade on Wednesday. The stock has stayed in motion as investors circle back to obesity plays tied to a gene target called INHBE. The spark this week came from Arrowhead Pharmaceuticals, which on Tuesday posted interim results from its obesity candidates aimed at INHBE or its receptor, ALK7. Arrowhead said its ARO-INHBE nearly doubled weight loss when paired with Eli Lilly’s tirzepatide, and drove what an outside expert called “dramatic and rapid reductions in visceral fat,” the fat that builds
7 January 2026
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Bank of America stock slides after Wolfe downgrade as earnings clock ticks

Bank of America stock slides after Wolfe downgrade as earnings clock ticks

New York, Jan 7, 2026, 13:06 ET — Regular session Bank of America Corporation shares fell nearly 2% on Wednesday after Wolfe Research downgraded the lender to “peer perform,” pointing to limited upside and a tougher setup for 2026 estimates. The stock was down 2.0% at $56.13 in midday trading. Investing.com UK The Wolfe call lands as big banks head into earnings season with valuations already elevated after last year’s run. “We are taking some chips off the table,” Wolfe analyst Steven Chubak wrote, as investors brace for results from the largest U.S. lenders next week. Bloomberg.com JPMorgan Chase is
7 January 2026
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Ambarella stock dives as AMBA reverses after CES CV7 chip and DevZone launch

Ambarella stock dives as AMBA reverses after CES CV7 chip and DevZone launch

NEW YORK, Jan 7, 2026, 13:14 EST — Regular session Ambarella, Inc. shares were down 12.5% at $70.54 in early afternoon trading on Wednesday after swinging sharply lower from a session high of $82.10. The stock has traded in a wide band and was last near the day’s low. The timing is awkward for investors trying to read through the noise around CES launches and a choppy tape for chip names. U.S. markets have been digesting softer labour signals ahead of Friday’s nonfarm payrolls report, a data point that often jolts rate bets and high-growth stocks. Reuters For Ambarella, the
7 January 2026
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Varonis Systems (VRNS) stock jumps 8% as Cantor trims target, SaaS shift back in focus

Varonis Systems (VRNS) stock jumps 8% as Cantor trims target, SaaS shift back in focus

New York, Jan 7, 2026, 12:53 EST — Regular session Varonis Systems (VRNS) shares jumped 8.3% to $36.06 by 12:53 EST on Wednesday, after touching $36.49 earlier in the session. The stock closed at $33.30 on Tuesday. The move lands as the Nasdaq was up about 0.7% and investors showed a steadier appetite for risk across tech. Varonis sells data security software that scans, classifies and monitors access to sensitive data across cloud and on-prem systems. Reuters Cantor Fitzgerald on Wednesday cut its price target on Varonis to $50 from $60 but kept an Overweight rating, tying the new target
7 January 2026
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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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