Wall Street kicks off 2026 higher as chipmakers rally, Tesla slides on deliveries

Wall Street kicks off 2026 higher as chipmakers rally, Tesla slides on deliveries

NEW YORK, Jan 3, 2026, 11:55 ET — Market closed The Dow rose 319.10 points, or 0.66%, to 48,382.39 on Friday and the S&P 500 added 0.19% to 6,858.47, while the Nasdaq slipped 0.03% to 23,235.63, as Wall Street opened 2026 with gains in chipmakers and industrials. Joe Mazzola, head of trading and derivatives strategy at Charles Schwab, said investors have adopted a “buy the dip, sell the rip” mentality. Reuters The first session of the year offered an early test of risk appetite after a holiday-thin stretch that left markets searching for direction. Investors are weighing whether a still-resilient
Dow Jones today: Boeing, Caterpillar power blue-chip rise as jobs report looms

Dow Jones today: Boeing, Caterpillar power blue-chip rise as jobs report looms

NEW YORK, Jan 3, 2026, 11:58 ET — Market closed With U.S. markets closed on Saturday, the Dow Jones Industrial Average last ended Friday up 319.10 points, or 0.7%, at 48,382.39 in Wall Street’s first session of 2026. The S&P 500 rose 0.2% to 6,858.47, while the Nasdaq Composite slipped 0.03% to 23,235.63, leaving all three major benchmarks down on the week. AP News The early-year tone matters because January often sets the first real test of risk appetite after thin holiday trading. Investors are also watching whether leadership broadens beyond mega-cap technology after a 2025 rally that left valuations
AST SpaceMobile stock rockets nearly 15% — BlueBird 7 launch prep back in focus

AST SpaceMobile stock rockets nearly 15% — BlueBird 7 launch prep back in focus

NEW YORK, Jan 3, 2026, 11:29 ET — Market closed AST SpaceMobile shares surged 14.9% on Friday, ending at $83.47 and marking one of the stock’s biggest single-day moves in recent weeks. The stock dipped about 0.1% in after-hours trade. Investing The jump matters because AST is moving from demonstrations to scaled deployment — the costly phase where timelines, launch cadence and early service activation can quickly reshape investor expectations. That transition has made the stock highly sensitive to operational updates, even when they come via short company posts rather than formal filings. SEC AST is one of several companies
CrowdStrike stock drops 3% to $453 as 2026 begins — here’s what investors are watching next

CrowdStrike stock drops 3% to $453 as 2026 begins — here’s what investors are watching next

NEW YORK, Jan 3, 2026, 11:38 ET — Market closed CrowdStrike Holdings, Inc. shares fell 3.2% on Friday, the first trading day of 2026, closing at $453.58 — down about $15 on the day. The stock traded between $449.49 and $477.25, with roughly 3.3 million shares changing hands. The move matters because investors are starting the year trimming exposure to high-valuation software names — shares priced at rich multiples of sales — that often swing harder when interest-rate expectations shift. Rates are back in the frame. “There may be a scenario where the Federal Reserve does not end up cutting
Intuit stock sinks nearly 5% after insider sale filings hit tape; what’s next for INTU

Intuit stock sinks nearly 5% after insider sale filings hit tape; what’s next for INTU

NEW YORK, Jan 3, 2026, 11:26 ET — Market closed Intuit Inc. shares fell 5% in the first session of 2026, ending Friday at $629.46. The stock traded as low as $622.31 and as high as $665.02, with volume of about 2.7 million shares. The drop mattered because it landed just as investors reset positioning for the new year and ahead of the U.S. tax season, when Intuit’s TurboTax business typically becomes a major focus for traders. The move also stood out on a day when major U.S. indexes were little changed. Reuters The selling pressure coincided with a flurry
Caterpillar stock jumps toward $600 as 2026 trading starts; Wolfe lifts CAT target

Caterpillar stock jumps toward $600 as 2026 trading starts; Wolfe lifts CAT target

New York, Jan 3, 2026, 11:27 ET — Market closed Caterpillar Inc. shares last closed up $25.42, or 4.4%, at $598.41, outperforming most large industrial names on the first trading day of 2026. The move matters because Caterpillar is a high-priced component of the Dow, a price-weighted index where bigger-dollar stocks can sway the benchmark more than lower-priced names. Reuters said Caterpillar and Boeing were among the Dow’s biggest boosts on Friday. Reuters Caterpillar’s jump came as investors rotated back into cyclical and industrial shares while chipmakers rallied, helping Wall Street snap a four-session losing streak. Traders are also recalibrating
Miami airport flight cancellations climb after U.S. strikes in Venezuela trigger Caribbean airspace curbs

Miami airport flight cancellations climb after U.S. strikes in Venezuela trigger Caribbean airspace curbs

MIAMI, Jan 3, 2026, 11:19 ET Dozens of flights were canceled or delayed at Miami International Airport on Saturday after U.S. President Donald Trump said U.S. forces struck Venezuela overnight and captured President Nicolas Maduro. Flight-tracking site FlightAware showed 147 delays and 50 cancellations at the airport as of 11:16 a.m. EST. The disruptions matter for Miami because the airport is a major U.S. gateway to the Caribbean and Latin America, and schedule shocks tend to ripple quickly through airline networks. The timing also hits a weekend when many travelers expected to fly home after the holiday rush. Airspace restrictions
3 January 2026
Exxon stock hits $122.65 to start 2026 — here’s what traders are watching next

Exxon stock hits $122.65 to start 2026 — here’s what traders are watching next

NEW YORK, January 3, 2026, 11:20 ET — Market closed Exxon Mobil Corporation shares closed higher on Friday, rising 1.9% to $122.65 in the first U.S. trading session of 2026. The move matters now because investors are resetting positions at the start of the year, with value sectors drawing interest even as big tech weighed on broader benchmarks. U.S. stocks ended mixed on Friday, with the Dow up 0.66% and the S&P 500 up 0.19%. Reuters Energy also remains tied to the next swing in crude prices, with OPEC+ set to meet on Sunday as the market debates whether supply
Bloom Energy stock jumps 14% to start 2026 as fuel-cell names rebound — what investors watch next

Bloom Energy stock jumps 14% to start 2026 as fuel-cell names rebound — what investors watch next

NEW YORK, January 3, 2026, 10:58 ET — Market closed. Bloom Energy Corporation shares surged 13.58% to end Friday’s session at $98.69, and last traded at $99.60 in after-hours dealings. The stock finished the first trading day of 2026 up $11.80 from Thursday’s close. The move put the fuel-cell maker back near the $100 mark after a choppy year-end for high-volatility clean-energy and “AI power” trades. U.S. stocks started 2026 with a rebound in parts of the market outside mega-cap tech, while Treasury yields rose. Energy and infrastructure names tied to data-center buildouts have remained in focus as investors weigh
BitMine (BMNR) stock jumps 15% as Tom Lee presses 50‑billion authorized-share vote — what investors watch next

BitMine (BMNR) stock jumps 15% as Tom Lee presses 50‑billion authorized-share vote — what investors watch next

NEW YORK, January 3, 2026, 11:15 ET — Market closed BitMine Immersion Technologies, Inc. shares jumped 14.9% on Friday, ending at $31.19, after the crypto-focused company stepped up its push for shareholders to approve a sharp increase in the number of shares it is authorized to issue. MarketBeat The vote matters because “authorized shares” set the legal ceiling on how much stock a company can issue under its charter — a key constraint for fundraising, acquisitions and stock splits. BitMine is asking investors to approve a charter amendment that would raise that limit to 50 billion shares from 500 million.
ACM Research (ACMR) stock jumps nearly 14% to start 2026 as chip shares rebound; what’s next

ACM Research (ACMR) stock jumps nearly 14% to start 2026 as chip shares rebound; what’s next

NEW YORK, January 3, 2026, 10:41 ET — Market closed. Shares of ACM Research closed up about 13.8% at $44.88 on Friday, outpacing the broader semiconductor rally on the first trading day of 2026. The outsized move matters because it signals renewed risk appetite in smaller semiconductor names after a choppy end to December, with investors quickly rotating back into chip-related stocks as the calendar turned. Chip stocks led the bounce, and the Philadelphia SE Semiconductor index rose about 4% on Friday. “Investors might be a little bit more conscious about some of the valuations that they’re paying for some
Visa stock ends lower on 2026’s first session as CEO sale notice lands; jobs data next

Visa stock ends lower on 2026’s first session as CEO sale notice lands; jobs data next

NEW YORK, Jan 3, 2026, 11:13 ET — Market closed Visa Inc (NYSE: V) shares fell 1.21% to $346.48 on Friday, the first U.S. trading session of 2026. A filing dated Jan. 2 showed Chief Executive Ryan McInerney filed a Form 144 to sell 10,485 shares, while the stock traded between $343.48 and $350.05 on the day. Visa The move matters now because Visa stock is widely treated as a high-quality proxy for consumer spending and travel. Early-year repositioning can make the group more sensitive to shifts in the economic narrative and interest-rate expectations. Visa’s decline came even as the

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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