Chip stocks surge into 2026 as Nvidia, AMD and Intel face CES and jobs-report tests

Chip stocks surge into 2026 as Nvidia, AMD and Intel face CES and jobs-report tests

NEW YORK, Jan 4, 2026, 13:00 ET — Market closed Semiconductor stocks led Wall Street’s first session of 2026, with the Philadelphia Semiconductor Index — a benchmark for major U.S.-listed chipmakers — up 4% on Friday as the Dow rose 0.66% and the S&P 500 gained 0.19%. The Nasdaq slipped 0.03% as investors rotated back into chip names after a late-December pullback. “Buy the dip, sell the rip” is the mindset right now, Charles Schwab trading strategist Joe Mazzola said. Reuters With U.S. markets shut on Sunday, chip stocks sit near the center of the next week’s risk-on trade. The
Tesco issues urgent “do not eat” recall for three pate lines after date-label error

Tesco issues urgent “do not eat” recall for three pate lines after date-label error

LONDON, January 4, 2026, 13:02 ET Britain’s Tesco has recalled three 170-gram own-brand pate products after they were labelled with an incorrect use-by date, prompting a warning over a possible microbiological risk, the UK’s Food Standards Agency said on Jan. 3. The recall covers Tesco Coarse Farmhouse Pate, Coarse Ardennes Pate and Smooth Chicken Liver Pate with a use-by date of 05 January 2026. Food Standards Agency Use-by dates are safety deadlines for foods that spoil quickly, and the watchdog warns people should not eat food after that date even if it looks and smells normal. Mislabelled dates can leave
4 January 2026
Nvidia stock starts 2026 higher — CES keynote and jobs report set next test for AI shares

Nvidia stock starts 2026 higher — CES keynote and jobs report set next test for AI shares

NEW YORK, Jan 4, 2026, 12:49 ET — Market closed Nvidia shares closed up 1.2% on Friday at $188.85, helping chipmakers lead Wall Street’s first trading day of 2026. The next read on the AI trade comes when U.S. markets reopen on Monday. Reuters The move matters because chip stocks have become a fast way for investors to express a view on AI infrastructure spending — the servers, chips and networking that power AI systems. Friday’s rebound followed a late-December stumble that left markets without the typical “Santa Claus rally” into year-end. Reuters The calendar is packed early. Nvidia CEO
Blackbaud stock slides nearly 6% to start 2026 as investors eye jobs data and mid-Feb earnings window

Blackbaud stock slides nearly 6% to start 2026 as investors eye jobs data and mid-Feb earnings window

NEW YORK, January 4, 2026, 1:04 PM ET — Market closed Blackbaud shares closed down 5.95% on Friday at $59.52, a drop of $3.77 from Thursday’s close, in the stock’s first session of 2026. Yahoo Finance The selloff left the software provider’s stock near the day’s low of $59.32 after trading as high as $63.90 earlier in the session, according to market data. Why it matters now: Friday’s move resets the tape for a name that sits at the intersection of software spending and nonprofit fundraising budgets, both sensitive to macro expectations and financing conditions. It also comes as investors
4 January 2026
Exzeo Group (XZO) stock drops 6% into weekend — what investors are watching next

Exzeo Group (XZO) stock drops 6% into weekend — what investors are watching next

NEW YORK, Jan 4, 2026, 12:47 ET — Market closed Exzeo Group shares fell 6.1% on Friday, closing at $22.76, as the newly public insurance-technology company headed into the weekend with a sharp pullback. The stock traded between $24.49 and $22.19 during the session, according to market data. Yahoo Finance The slide matters because Exzeo has a short trading history after its November listing, and investors are still testing how the stock behaves around key levels without fresh company news. A move of this size can quickly reset near-term positioning in a stock that has only recently established a public-market
4 January 2026
XRP price today: XRP holds above $2 as SEC exit and crypto-policy calendar come into focus

XRP price today: XRP holds above $2 as SEC exit and crypto-policy calendar come into focus

NEW YORK, Jan 4, 2026, 12:38 ET — Market closed XRP held above $2 on Sunday, extending a rally that has outpaced major tokens as traders latched onto U.S. regulatory signals and new ETF demand. The token was up about 5% over the past 24 hours at roughly $2.10, according to Coinbase pricing. Coinbase The move matters because XRP has been unusually sensitive to Washington’s tone after years of legal and regulatory scrutiny, and because U.S.-listed exchange-traded funds have added a stock-like wrapper for investors who want exposure without holding the token directly. An ETF is a fund that trades
4 January 2026
Novanta stock sinks 6.7% to start 2026; ISM data and JPM conference loom

Novanta stock sinks 6.7% to start 2026; ISM data and JPM conference loom

NEW YORK, January 4, 2026, 12:47 ET — Market closed Novanta Inc shares fell 6.7% on Friday and closed at $111.14, swinging between $119.96 and $110.46 in the year’s first U.S. trading session. Volume was about 663,000 shares. The selloff left Novanta lagging a broader market that finished mixed to slightly higher, with the Dow and S&P 500 edging up while the Nasdaq ended little changed. The early-2026 tape has traders watching whether rate-sensitive stocks can hold gains after a strong 2025. Reuters Why it matters now: the start-of-year reset is colliding with a fresh round of U.S. data and
4 January 2026
U.S. seizes Venezuela’s Maduro after strikes, setting up oil and diplomacy fallout

U.S. seizes Venezuela’s Maduro after strikes, setting up oil and diplomacy fallout

WASHINGTON, Jan 4, 2026, 12:38 ET Venezuela’s ruling bloc said it remained unified behind President Nicolas Maduro on Sunday, a day after the United States attacked Venezuela and took Maduro and his wife into custody. With Maduro held in a New York detention center awaiting a court appearance on Monday on drug charges, ministers in Caracas said the detentions were a kidnapping and kept running the state as some residents cautiously stocked up on essentials. The seizure has injected fresh geopolitical risk into markets set to reopen on Monday, and raised questions about whether Washington can stabilise an oil producer
EQT stock slips as U.S. natural gas prices fall on warmer forecast — what traders watch next

EQT stock slips as U.S. natural gas prices fall on warmer forecast — what traders watch next

NEW YORK, Jan 4, 2026, 12:41 ET — Market closed EQT Corp shares finished the first trading day of 2026 lower after U.S. natural gas futures slipped on forecasts for milder weather across the country. The largest U.S. gas producer closed down 0.3% at $53.46 on Friday. Baird Maritime / Work Boat World The move matters because January is the heart of the U.S. heating season, when small shifts in temperature forecasts can swing demand and, by extension, gas prices and producer margins. Traders are also weighing record supply against the export pull from LNG terminals. Baird Maritime / Work
U.S. strike puts Venezuela natural gas in the spotlight as Eni says operations unaffected

U.S. strike puts Venezuela natural gas in the spotlight as Eni says operations unaffected

CARACAS, Jan 4, 2026, 12:46 ET Italy’s Eni said on Sunday its natural gas operations in Venezuela have not been affected by Saturday’s U.S. strikes that captured President Nicolas Maduro, as energy companies assessed security and sanctions risk after Washington said it would oversee a political transition.  Reuters The scramble matters because U.S. sanctions cover Venezuela’s oil and gas sector, forcing foreign operators to rely on U.S. authorizations — licenses that dictate whether projects can move, pay PDVSA, or export supplies. One of the biggest near-term prizes is gas, not crude: planned cross-border volumes that Trinidad and Tobago has sought
4 January 2026
Pegasystems stock slides 6% to start 2026 as insider sale filing lands — what’s next for PEGA

Pegasystems stock slides 6% to start 2026 as insider sale filing lands — what’s next for PEGA

NEW YORK, Jan 4, 2026, 12:47 ET — Market closed Pegasystems Inc shares closed down 6.1% on Friday, ending the first trading day of 2026 at $56.06. Yahoo Finance The drop matters heading into Monday because it put PEGA back on traders’ screens just as investors reprice rate-sensitive software names. Markets also face a heavy early-January U.S. data calendar that can move Treasury yields, a key input for growth-stock valuations. Reuters A late U.S. filing adds a fresh overhang. A Form 144 notice accepted on Friday showed Pegasystems officer Kenneth Stillwell filed to sell up to 4,000 shares, with an
4 January 2026
Bitcoin price back above $91,000 as ETF inflows put Coinbase, Strategy stocks in focus

Bitcoin price back above $91,000 as ETF inflows put Coinbase, Strategy stocks in focus

NEW YORK, January 4, 2026, 12:36 ET — Market closed Bitcoin climbed back above $91,000 on Sunday, extending a new-year rebound that lifted crypto-linked stocks and U.S.-listed bitcoin funds in the first session of 2026. With U.S. stock markets shut for the weekend, the move still matters for holders of spot bitcoin exchange-traded funds (ETFs) — listed funds that hold bitcoin and trade like stocks — and for companies whose shares tend to track the token’s swings. It also lands ahead of a busy U.S. macro week that could reset interest-rate expectations, a key driver for risk assets from tech

Stock Market Today

Broadcom Stock Gets a Google AI Spend Lift as Jefferies Sees 60% Upside

Broadcom Stock Gets a Google AI Spend Lift as Jefferies Sees 60% Upside

7 February 2026
Google raised its 2026 capital expenditure forecast to $175 billion–$185 billion, with most spending expected on data-center chips. Broadcom shares rose about 2% after the announcement, while Nvidia and AMD slipped. Jefferies reiterated a buy rating on Broadcom, maintaining a $500 price target, implying a 62% upside from Wednesday’s close.
No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

7 February 2026
The IRS has not announced new federal stimulus payments for February 2026, and Congress has not approved fresh checks. Trump told NBC he is considering $2,000 tariff rebate checks but has not committed, saying any payout would likely come later in 2026. The IRS warns taxpayers to ignore texts and emails about “stimulus payments” and verify notices through official channels.
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