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Business News News 2 January 2026 - 3 January 2026

Western Digital stock surges nearly 9% to start 2026 — what’s driving WDC now

Western Digital stock surges nearly 9% to start 2026 — what’s driving WDC now

NEW YORK, January 3, 2026, 04:36 ET — Market closed. Western Digital Corp shares ended Friday up 8.96% at $187.70, after trading between $176.00 and $188.90. The move underscored investors’ early-year appetite for “AI infrastructure” stocks — companies that supply the hardware needed to build and run artificial intelligence systems. “Value is outperforming growth and AI infrastructure is up,” said…
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…
Ondas stock jumps after rebrand plan, West Palm Beach HQ shift and fresh defense orders

Ondas stock jumps after rebrand plan, West Palm Beach HQ shift and fresh defense orders

NEW YORK, Jan 2, 2026, 6:37 PM ET — After-hours Shares of Ondas Holdings Inc (ONDS) rose 13.1% to $11.02 in after-hours trading on Friday after the company said it has moved its corporate headquarters to West Palm Beach, Florida, and plans to change its corporate name to Ondas Inc. The stock traded between $9.92 and $11.04 earlier in the…
Coca-Cola stock slips today after Georgia filing flags 75 Atlanta HQ layoffs

Coca-Cola stock slips today after Georgia filing flags 75 Atlanta HQ layoffs

NEW YORK, Jan 2, 2026, 15:26 ET — Regular session Coca-Cola Co shares fell about 1% on Friday after a Georgia workforce filing said the beverage maker expects to cut about 75 jobs at its Atlanta headquarters as part of a broader reorganization. TCSG The notice matters as Wall Street starts 2026 focused on how large, cash-generative companies defend margins…
EverCommerce stock slides 6% in regular trade after CEO share-sale disclosure hits tape

EverCommerce stock slides 6% in regular trade after CEO share-sale disclosure hits tape

NEW YORK, January 2, 2026, 14:49 ET — Regular session EverCommerce Inc shares were down 6.6% at $11.31 in afternoon trading on Friday, after hitting an intraday low of $10.89. The Nasdaq 100 tracker was little changed, while the S&P 500 ETF was up about 0.2%. The move matters because EverCommerce is a smaller, thinly traded software name, where swings…
Intuit stock slides as co-founder Scott Cook sells about $101 million in shares, filings show

Intuit stock slides as co-founder Scott Cook sells about $101 million in shares, filings show

NEW YORK, January 2, 2026, 11:44 ET Intuit co-founder and director Scott Cook sold 150,000 shares of the TurboTax maker over two days at the end of 2025 for about $100.9 million, regulatory filings showed. The sales by Cook’s family trust were executed under a pre-arranged Rule 10b5-1 plan adopted Sept. 3 and were priced between about $669 and $678…
Ondas (ONDS) stock jumps after rebrand plan, Florida HQ move and note-extension filing

Ondas (ONDS) stock jumps after rebrand plan, Florida HQ move and note-extension filing

NEW YORK, January 2, 2026, 11:19 ET — Regular session Ondas Holdings Inc shares rose 8.6% to $10.60 as of 11:04 a.m. ET on Friday after the company disclosed plans to change its corporate name to Ondas Inc. and relocate its headquarters to West Palm Beach, Florida. Nearly 49.4 million shares had changed hands, with the stock trading between $9.92…
BigBear.ai (BBAI) stock slips premarket after closing $250 million Ask Sage deal

BigBear.ai (BBAI) stock slips premarket after closing $250 million Ask Sage deal

NEW YORK, Jan 2, 2026, 08:21 ET — Premarket BigBear.ai Holdings, Inc. shares fell 1.7% to $5.40 in premarket trading on Friday, after the company closed its $250 million acquisition of Ask Sage. The stock last closed at about $5.50. BigBear.ai said late Wednesday it completed the all-cash purchase of Ask Sage for $250 million, adding a platform that runs…
Coal India stock hits 52-week high after opening coal e-auctions to Bangladesh, Nepal and Bhutan

Coal India stock hits 52-week high after opening coal e-auctions to Bangladesh, Nepal and Bhutan

BENGALURU, January 2, 2026, 08:04 ET Coal India opened its online coal auctions to buyers from Bangladesh, Bhutan and Nepal on Friday, letting companies across the border bid directly for its coal. The state-run miner’s shares jumped to a 52-week high. The change comes as demand from Indian power producers has softened, with coal-based generation down in seven of the…
UiPath stock set for Jan. 2 open after CEO share sale, S&P MidCap 400 entry looms (PATH)

UiPath stock set for Jan. 2 open after CEO share sale, S&P MidCap 400 entry looms (PATH)

NEW YORK, January 1, 2026, 20:45 ET — Market closed. UiPath Inc. shares ended the last trading day of 2025 down 1.7% at $16.39, after a regulatory filing showed Chief Executive Daniel Dines sold another block of stock. The shares were last at $16.34 in after-hours trading. StockAnalysis U.S. stock markets were shut on Thursday for the New Year’s Day…
BigBear.ai stock: $250 million Ask Sage deal closes as markets shut for New Year’s Day

BigBear.ai stock: $250 million Ask Sage deal closes as markets shut for New Year’s Day

NEW YORK, January 1, 2026, 20:11 ET — Market closed BigBear.ai Holdings, Inc. said after the market close on Dec. 31 it completed its $250 million cash acquisition of Ask Sage, stepping up its push into secure generative AI for defense and intelligence customers. Chief executive Kevin McAleenan said the deal would “accelerate our vision of delivering mission-ready AI that…
Boeing’s $2.04 billion B-52 engine upgrade contract puts Port San Antonio in the spotlight

Boeing’s $2.04 billion B-52 engine upgrade contract puts Port San Antonio in the spotlight

NEW YORK, January 1, 2026, 19:21 ET Boeing (BA.N) has landed a $2.04 billion U.S. Air Force task order to advance the B-52 Commercial Engine Replacement Program, with work planned at Port San Antonio in Texas alongside sites in Oklahoma City, Seattle and Indianapolis. The work is expected to run through May 31, 2033, and begins with about $35.8 million…
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Stock Market Today

  • Cantor Fitzgerald Raises Meta Platforms Price Target to $860, Keeps Overweight Rating
    February 1, 2026, 1:17 PM EST. Cantor Fitzgerald analyst Deepak Mathivanan raised Meta Platforms' (NASDAQ:META) price target to $860 from $750 following strong Q4 earnings that beat Wall Street estimates. The company reported revenue of $59.89 billion and EPS of $8.88 versus expectations of $58.59 billion and $8.23, respectively. Meta projects Q1 FY26 sales between $53.5 billion and $56.5 billion, surpassing estimates. Despite higher capital expenditure forecasted for 2026 at $115-$135 billion, up from $110.7 billion, Cantor Fitzgerald expects operating income growth supported by AI momentum. The stock holds a Strong Buy consensus with a 20% upside based on 44 analysts. Meta remains a top NASDAQ tech firm operating Facebook, Instagram, WhatsApp, and Threads.
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