P&G stock drops again as 2026 opens — earnings date and key levels in focus

P&G stock drops again as 2026 opens — earnings date and key levels in focus

NEW YORK, January 2, 2026, 21:01 ET — Market closed. Procter & Gamble Co shares fell 1.06% on Friday to close at $141.79, after trading between $143.34 and $141.24. The drop marked a fourth straight daily decline, with about 8.7 million shares traded. The stock was last indicated at $141.68 in after-hours trading. StockAnalysis The slide matters as investors begin 2026 repositioning in defensive stocks — companies viewed as steadier because they sell everyday essentials and typically pay regular dividends. P&G is a bellwether within consumer staples, a sector that tends to draw interest when growth expectations soften or when
MongoDB (MDB) stock drops nearly 5% to start 2026 — here’s what investors are watching next

MongoDB (MDB) stock drops nearly 5% to start 2026 — here’s what investors are watching next

NEW YORK, Jan 2, 2026, 20:46 ET — Market closed MongoDB, Inc. (MDB) shares closed down 4.8% at $399.65 on Friday, deepening a pullback across software stocks as investors trimmed risk on the first trading day of 2026. The decline matters because MongoDB has been one of the stronger large-cap software names in recent months, a setup that can magnify moves when sentiment turns. High-growth software stocks often trade on expectations for future cash flows, which can make them more sensitive than the broader market to shifts in risk appetite. The iShares Expanded Tech-Software Sector ETF fell 2.9% on the
Confluent (CFLT) stock slips to $30 as IBM’s $31 deal caps upside — what investors watch next

Confluent (CFLT) stock slips to $30 as IBM’s $31 deal caps upside — what investors watch next

New York, Jan 2, 2026, 20:47 ET — Market closed Confluent, Inc. (CFLT) shares closed down 0.4% at $30.11 on Friday, ending the first trading day of 2026 just under IBM’s $31-per-share cash offer. IBM has said the all-cash acquisition values Confluent at an enterprise value of $11 billion, is expected to close by mid-2026, and has support agreements from investors controlling about 62% of Confluent’s voting power. Yahoo Finance The stock’s small discount to the offer price is the metric merger-arbitrage traders watch. Merger arbitrage is a strategy of buying a takeover target to capture the gap to the
IBM stock drops 1.6% as Big Blue touts Quantum Nighthawk chip ahead of Jan. 28 earnings

IBM stock drops 1.6% as Big Blue touts Quantum Nighthawk chip ahead of Jan. 28 earnings

NEW YORK, Jan 2, 2026, 20:43 ET — Market closed Shares of International Business Machines Corp fell 1.59% on Friday to close at $291.50, extending a three-session slide as the first trading day of 2026 ended with U.S. equities modestly higher. MarketWatch The move matters now because January brings a dense run of economic releases and the start of quarterly reporting, events that often reset expectations for interest rates and corporate IT spending. Reuters For IBM, the next major checkpoint is its fourth-quarter 2025 earnings announcement scheduled for Jan. 28, listed as a preliminary date on the company’s investor calendar.
MercadoLibre (MELI) stock drops 2% to start 2026 — what investors are watching next

MercadoLibre (MELI) stock drops 2% to start 2026 — what investors are watching next

NEW YORK, Jan 2, 2026, 20:40 ET — Market closed MercadoLibre shares fell 2.01% on Friday to close at $1,973.70. The stock was last up about 0.2% in after-hours trading. Yahoo Finance The decline put one of Latin America’s biggest e-commerce and fintech names on the back foot in the first U.S. session of 2026. For MercadoLibre, the early-year tape matters because rate expectations often drive the appetite for high-valuation internet stocks. It also comes as investors position for the company’s next quarterly update and a long-flagged leadership handover date. Either can reset assumptions about spending on logistics, credit losses
Uber stock rises as UK ‘taxi tax’ kicks in; UBER investors eye February earnings

Uber stock rises as UK ‘taxi tax’ kicks in; UBER investors eye February earnings

NEW YORK, January 2, 2026, 20:11 ET — Market closed Uber Technologies Inc (UBER.N) shares finished Friday higher, up $1.13, or 1.4%, at $82.86. About 6.8 million shares changed hands in the session. The move lands as investors reset positions for the first full week of 2026, with macro data and policy headlines back in focus. For Uber, pricing and demand are particularly sensitive to shifts in taxes, regulation and consumer budgets. U.S. stocks ended mostly higher on Friday, with the Dow up 0.66% and the S&P 500 up 0.19%, snapping a four-day losing streak as chipmakers rallied; the Nasdaq
Johnson & Johnson stock ticks up after $1.30 dividend; earnings next on the radar

Johnson & Johnson stock ticks up after $1.30 dividend; earnings next on the radar

NEW YORK, Jan 2, 2026, 20:13 ET — Market closed Johnson & Johnson shares ended Friday up 0.19% at $207.35 after the healthcare company said its board declared a $1.30-per-share cash dividend for the first quarter of 2026. Yahoo Finance The timing matters because investors entered 2026 with markets trying to stabilize after a late-December stretch that failed to deliver the usual year-end “Santa Claus” bounce. Wall Street’s focus is shifting back to interest-rate expectations and the next round of economic data. Reuters For income-focused investors, dividends can act as a buffer in volatile tape because they provide a cash
Workday stock (WDAY) drops 4% to $205 as software names slide in 2026 debut

Workday stock (WDAY) drops 4% to $205 as software names slide in 2026 debut

NEW YORK, January 2, 2026, 20:03 ET — Market closed Workday, Inc. shares closed down 4.2% at $205.79 on Friday, as the enterprise software maker slid in the first trading session of 2026. The stock traded between $202.23 and $216.29 during the session. MarketWatch The decline in Workday came as Wall Street finished mixed, with the Dow and S&P 500 higher while the Nasdaq ended slightly lower, according to Reuters. Chip stocks led, with the Philadelphia SE Semiconductor index up 4%. Reuters Joe Mazzola, head of trading & derivatives strategy at Charles Schwab, said the market is seeing a “buy
Marvell stock jumps 5% as chip rally kicks off 2026; CES CEO chat is next test

Marvell stock jumps 5% as chip rally kicks off 2026; CES CEO chat is next test

NEW YORK, Jan 2, 2026, 20:09 ET — Market closed Marvell Technology shares ended Friday up 5.2% at $89.39, after trading between $86.12 and $90.08. The move matters because Marvell sits in the cross-currents of two market drivers: spending on AI and data-center infrastructure, and interest-rate expectations that can swing valuations for growth stocks. After a choppy year-end, traders have been quick to buy semiconductor exposure early in 2026, treating chipmakers as a high-beta proxy for risk appetite. U.S. stocks started 2026 mixed, with the Dow up 0.66% and the S&P 500 up 0.19%, while the Nasdaq edged down 0.03%,
Applied Digital (APLD) stock jumps 15% as AI data-center bet returns ahead of Jan. 7 earnings

Applied Digital (APLD) stock jumps 15% as AI data-center bet returns ahead of Jan. 7 earnings

NEW YORK, January 2, 2026, 20:06 ET — Market closed Applied Digital Corporation shares rose 14.6% on Friday to $28.11, after trading between $24.65 and $28.41. About 36.1 million shares changed hands. The surge put the high-beta name — a stock that typically swings more than the broader market — back on traders’ screens as 2026 got underway. Applied Digital is scheduled to report fiscal second-quarter results on Jan. 7 after the close. Applied Digital Corporation U.S. stocks started the year with the Dow and S&P 500 ending higher, helped by a rebound in chipmakers, while the Nasdaq finished little
Thermo Fisher stock jumps 2% to start 2026 as investors turn to Jan. 29 earnings

Thermo Fisher stock jumps 2% to start 2026 as investors turn to Jan. 29 earnings

NEW YORK, January 2, 2026, 20:02 ET — Market closed Thermo Fisher Scientific Inc (NYSE: TMO) shares rose 2.25% to $592.51 on Friday, outpacing the S&P 500’s 0.19% gain in the first session of 2026. The stock finished about 3% below its 52-week high of $610.97, and trading volume of roughly 2.1 million shares ran above its 50-day average of about 1.7 million. MarketWatch The outperformance came as Wall Street steadied after a late-December slide, with the Dow and S&P 500 ending higher and snapping a four-day losing streak, Reuters reported. “The market is seeing a ‘buy the dip, sell
Palo Alto Networks stock tumbles to start 2026 as cybersecurity shares lag; jobs report looms

Palo Alto Networks stock tumbles to start 2026 as cybersecurity shares lag; jobs report looms

NEW YORK, January 2, 2026, 20:15 ET — Market closed Palo Alto Networks shares fell 2.6% to $179.37 on Friday, underperforming a largely steady Wall Street on the first trading day of 2026. Reuters The slide matters because the market is heading into the first full week of the year with U.S. economic reports — led by monthly jobs data — that can quickly shift expectations for interest rates and risk appetite. Those moves tend to ripple into growth software stocks, including cybersecurity names. Reuters Joe Mazzola, head of trading and derivatives strategist at Charles Schwab, said the market is

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, 12:26 AM EST Dollar Dips as Stocks Rally and US Data Influences Fed Rate Expectations February 7, 2026, 12:18 AM EST. The **dollar index** fell 0.17%, pressured by a rebound in equity markets reducing demand for the safe-haven currency. Weaker-than-expected U.S. labor market data raised the odds of a Fed rate cut to 18% for March, though consumer sentiment improved to a six-month high, limiting losses. Hawkish comments from Atlanta Fed's Raphael Bostic emphasized maintaining restrictive monetary policy. The dollar faces medium-term weakness amid expectations for rate cuts
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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