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Business News News 6 January 2026 - 7 January 2026

Arctic Cat buys Quebec’s Widescape stand-up snowmobile maker as $13 million debt forces sale

Arctic Cat buys Quebec’s Widescape stand-up snowmobile maker as $13 million debt forces sale

Montreal, Jan 7, 2026, 07:26 (EST) Arctic Cat said it has acquired the assets of Quebec-based Widescape, maker of the WS250 stand-up snowmobile, expanding the Minnesota company’s winter recreation portfolio. The move lands as Arctic Cat tries to rebuild its product line under new owners and widen a dealer network that thinned during years of uncertainty for the brand, the…
7 January 2026
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Align Technology stock jumps nearly 5% as Invisalign maker tees up Feb. 4 earnings

Align Technology stock jumps nearly 5% as Invisalign maker tees up Feb. 4 earnings

New York, Jan 7, 2026, 05:35 ET — Premarket Align Technology shares rose 4.7% on Tuesday to close at $167.66, a second straight gain in a broader market advance. The Invisalign maker remains about 29% below its 52-week high and lagged Dentsply Sirona’s 6.6% jump, though it beat Zimmer Biomet; about 1.2 million shares changed hands. MarketWatch The next clear…
7 January 2026
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Diageo share price slides as Kenyan court bid targets $2.3bn Asahi deal

Diageo share price slides as Kenyan court bid targets $2.3bn Asahi deal

London, Jan 7, 2026, 09:01 GMT — Regular session Diageo (DGE.L) shares slipped on Wednesday after a Kenyan beer distributor lodged a lawsuit seeking to block the spirits maker’s planned $2.3 billion sale of East African Breweries (EABL) to Japan’s Asahi Holdings. The stock was down 1.4% at 1,620.5 pence by 0900 GMT, after trading between 1,606 and 1,649 pence,…
7 January 2026
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ST Engineering stock rises as TransCore rolls out Delaware tolling platform; what to watch next

ST Engineering stock rises as TransCore rolls out Delaware tolling platform; what to watch next

Singapore, Jan 7, 2026, 15:14 SGT — Regular session Shares of Singapore Technologies Engineering Ltd (ST Engineering) climbed on Wednesday after its U.S. tolling unit TransCore announced a new system rollout for Delaware’s statewide toll operations — a back-office platform that handles toll transactions and customer accounts. ST Engineering was up 1.8% at S$8.84 by 3:08 p.m. Singapore time. SG…
7 January 2026
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Mineral Resources shares slip from fresh 52-week high as lithium rally keeps investors on edge

Mineral Resources shares slip from fresh 52-week high as lithium rally keeps investors on edge

Sydney, Jan 7, 2026, 17:34 AEDT — After-hours Mineral Resources Ltd shares ended 0.9% lower at A$57.26 on Wednesday after the stock briefly hit a fresh 52-week high of A$57.97, as traders locked in gains following the recent run-up. The stock traded between A$56.02 and A$57.97, leaving it near the top of its A$14.05–A$57.97 52-week range. Investing The move matters…
7 January 2026
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Salesforce stock climbs as RBC lifts target to $290, putting AI demand back in play

Salesforce stock climbs as RBC lifts target to $290, putting AI demand back in play

New York, Jan 6, 2026, 20:52 EST — Market closed Salesforce Inc (CRM) shares rose 2.6% on Tuesday to $262.90, making it one of the better performers on the Dow Jones Industrial Average as U.S. stocks ended higher. The Dow gained about 1% on the day. The bounce comes as investors test whether high-multiple enterprise software can steady after a…
7 January 2026
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Johnson Controls (JCI) stock slides 6% after Nvidia’s “no water chillers” line jolts data-center cooling trade

Johnson Controls (JCI) stock slides 6% after Nvidia’s “no water chillers” line jolts data-center cooling trade

New York, Jan 6, 2026, 20:13 (EST) — Market closed Johnson Controls International plc (NYSE: JCI) shares closed down 6.2% at $113.95 on Tuesday after Nvidia CEO Jensen Huang said the chipmaker’s next platform would sharply reduce the cooling equipment needed in data centers. The stock was down as much as 7.5% earlier in the session and hit a multi-month…
7 January 2026
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Caterpillar stock edges higher after-hours as CEO Joe Creed is tapped for chairman role

Caterpillar stock edges higher after-hours as CEO Joe Creed is tapped for chairman role

New York, Jan 6, 2026, 19:51 EST — After-hours Caterpillar Inc. shares rose in after-hours trading on Tuesday after the machinery maker said CEO Joe Creed will become chairman on April 1, succeeding Jim Umpleby, who is retiring. The stock was up about 1.1% at $623.09, after earlier trading between $609.44 and $626.60. Reuters The change puts Creed on track…
7 January 2026
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Marvell stock slides after $540 million XConn deal as MRVL doubles down on AI data-center switching

Marvell stock slides after $540 million XConn deal as MRVL doubles down on AI data-center switching

New York, Jan 6, 2026, 18:54 EST — After-hours Marvell Technology (MRVL.O) shares fell 2.2% to $88.23 on Tuesday, even as U.S. stocks ended higher, after the chipmaker agreed to buy networking technology firm XConn Technologies for about $540 million. The stock was little changed in after-hours trading. MarketWatch The deal lands as investors scrutinize the plumbing behind the AI…
7 January 2026
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Eli Lilly stock rises after hours on Nimbus obesity pill deal as Ventyx talks surface

Eli Lilly stock rises after hours on Nimbus obesity pill deal as Ventyx talks surface

New York, January 6, 2026, 18:18 EST — After-hours Eli Lilly and Company stock closed up 2.2% on Tuesday and was up about 0.1% in after-hours trading after Nimbus Therapeutics said it struck a research and licensing deal with the drugmaker to pursue an oral obesity treatment. Yahoo Finance The news lands as investors look for the next leg of…
7 January 2026
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Netflix stock slips after Reed Hastings’ $39 million sale; analyst downgrade spotlights Warner deal risk

Netflix stock slips after Reed Hastings’ $39 million sale; analyst downgrade spotlights Warner deal risk

New York, Jan 6, 2026, 17:02 EST — After-hours Netflix, Inc. shares slipped 0.9% to $90.65 in after-hours trade on Tuesday. A Form 4 filing — a U.S. Securities and Exchange Commission disclosure of insider stock transactions — showed director Reed Hastings sold 426,290 shares for about $39.1 million. The trades were made under a pre-arranged Rule 10b5-1 plan, the…
6 January 2026
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Stock Market Today

  • Autohome's Special Dividend and Rising Institutional Stakes Spark Portfolio Review
    February 1, 2026, 4:08 PM EST. Autohome (ATHM) announced a special dividend payable February 19 to shareholders of record December 31. Institutional investors like Federated Hermes, Invesco, and Schroder increased holdings in Q3, signaling growing confidence. The dividend underscores Autohome's strong balance sheet and capital return strategy, though near-term growth and profitability challenges persist with subdued margins and earnings forecasts. Shares are trading about 38% above some fair value estimates, reflecting divergent investor views on the company's outlook. This combination prompts investors to reassess the stock's risk-reward balance amid a cooling growth environment and questions over dividend sustainability. Autohome remains a key player in China's online auto market, but investors must weigh the evolving capital allocation against modest returns and mixed earnings potential.
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