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Company News News 2 January 2026

Polestar stock plunges after BBVA’s 8.4% stake filing reveals Geely-linked exit option

Polestar stock plunges after BBVA’s 8.4% stake filing reveals Geely-linked exit option

NEW YORK, January 2, 2026, 17:35 ET Shares of Polestar Automotive Holding UK PLC fell 6.9% to $19.81 on Friday and swung between $23.29 and $19.67, after a regulatory disclosure highlighted a large new stake tied to a Geely-linked exit option. The disclosure matters because Polestar is leaning on fresh funding to shore up its balance sheet, and the terms…
2 January 2026
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Sandisk (SNDK) stock jumps 16% after-hours as board adds First Solar CFO and chip rally kicks off 2026

Sandisk (SNDK) stock jumps 16% after-hours as board adds First Solar CFO and chip rally kicks off 2026

NEW YORK, Jan 2, 2026, 17:40 ET — After-hours Shares of Sandisk Corp rose about 16% to $275.24 in after-hours trading on Friday, after the first regular U.S. session of 2026. After-hours trading is the period outside the 9:30 a.m. to 4 p.m. ET session when stocks continue to trade. The move put the storage maker among the day’s biggest…
2 January 2026
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Strategy (MSTR) stock jumps after-hours on 11% preferred dividend move — what traders are watching next

Strategy (MSTR) stock jumps after-hours on 11% preferred dividend move — what traders are watching next

NEW YORK, January 2, 2026, 17:30 ET — After-hours Strategy Inc shares were up about 3.5% at $157.16 in after-hours trading on Friday, after a sharp session that ranged from $150.03 to $160.76. Trading volume was about 20 million shares. The move matters because Strategy has become a bellwether “bitcoin treasury” trade, and small changes in how it funds itself…
2 January 2026
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Novanta stock dives nearly 6% today as 2026 starts — why NOVT is lagging peers

Novanta stock dives nearly 6% today as 2026 starts — why NOVT is lagging peers

NEW YORK, Jan 2, 2026, 15:29 ET — Regular session Novanta Inc shares were down 5.9% at $111.99 in afternoon trading on Friday, after opening near $119.89 and sliding to a session low of $110.46. The stock last traded about $7 lower on the day, with about 435,000 shares changing hands. The drop matters because it came on the first…
2 January 2026
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SailPoint stock sinks 6% today: what’s driving SAIL and what to watch next

SailPoint stock sinks 6% today: what’s driving SAIL and what to watch next

NEW YORK, Jan 2, 2026, 15:10 ET — Regular session Shares of SailPoint, Inc. fell about 6.5% on Friday, giving the identity security software maker one of the sharpest declines among mid-cap cybersecurity stocks. The drop matters because investors are opening the new year reassessing risk after 2025’s strong run, with attention shifting back to valuations and the interest-rate outlook…
2 January 2026
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Applied Digital stock jumps 15% today as ChronoScale spinoff plan and Jan. 7 earnings come into focus (APLD)

Applied Digital stock jumps 15% today as ChronoScale spinoff plan and Jan. 7 earnings come into focus (APLD)

NEW YORK, Jan 2, 2026, 14:15 ET — Regular session Applied Digital Corp shares jumped 15.4% on Friday, as the data-center operator extended a sharp rally into the first full trading week of 2026. The stock was up $3.77 at $28.29, after trading between $24.65 and $28.36. The move comes days after Applied Digital said it plans to spin out…
2 January 2026
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Pfizer stock rises today as 2026 drug price hikes grab headlines again — what PFE investors are watching

Pfizer stock rises today as 2026 drug price hikes grab headlines again — what PFE investors are watching

NEW YORK, January 2, 2026, 13:56 ET — Regular session Pfizer Inc shares rose 0.8% to $25.09 on Friday, as investors digested renewed attention on U.S. drug pricing and early-year list-price changes. The timing matters. January is when drugmakers typically reset U.S. prices, and the moves can quickly become a political and regulatory flashpoint — especially as the Trump administration…
2 January 2026
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NuScale Power (SMR) stock jumps 13% today as nuclear shares rally — what’s driving the move

NuScale Power (SMR) stock jumps 13% today as nuclear shares rally — what’s driving the move

NEW YORK, Jan 2, 2026, 1:04 PM ET — Regular session Shares of NuScale Power Corp (NYSE:SMR) climbed on Friday, lifting the nuclear technology stock early in the first session of 2026. The shares were up 13.2% at $16.05, after touching $16.07, with about 17.6 million shares traded. The move matters because NuScale sits in a pocket of the market…
2 January 2026
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P&G stock drops today: Procter & Gamble slides as investors look to new CEO, next earnings

P&G stock drops today: Procter & Gamble slides as investors look to new CEO, next earnings

NEW YORK, Jan 2, 2026, 13:07 ET — Regular session Procter & Gamble shares fell 1.2% to $141.59 as of early afternoon trading on Friday. The stock was down $1.72 from its previous close after opening at $143.34, and it traded between $141.28 and $143.75 on volume of about 3.5 million shares. The move matters because P&G is a heavyweight…
2 January 2026
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Fermi (FRMI) stock jumps about 14% today as traders track lawsuit probes and next Project Matador update

Fermi (FRMI) stock jumps about 14% today as traders track lawsuit probes and next Project Matador update

NEW YORK, Jan 2, 2026, 12:07 ET — Regular session Shares of Fermi Inc (FRMI.O) rose about 14% to $9.12 in midday trading on Friday, after swinging between $8.05 and $9.15 earlier in the session. Trading volume topped 4.4 million shares. The move keeps attention on Fermi, a data-center real estate investment trust, or REIT — a structure that typically…
2 January 2026
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Bitmine Immersion (BMNR) slips as Tom Lee urges shareholders to back 50 billion authorized-share plan

Bitmine Immersion (BMNR) slips as Tom Lee urges shareholders to back 50 billion authorized-share plan

NEW YORK, Jan 2, 2026, 09:36 ET — Regular session Shares of Bitmine Immersion Technologies Inc were down about 2% at $27.15 in early U.S. trading on Friday after the company filed new investor materials ahead of a shareholder vote on expanding its authorized share count. The proposal matters because “authorized shares” set the legal ceiling on how much stock…
2 January 2026
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Stock Market Today

  • Nasdaq, S&P 500 Rally as Trump Cancels Greenland Tariffs; Dow Dips, Sensex & Nifty Rebound
    January 23, 2026, 1:54 PM EST. U.S. stock markets rallied as the Trump administration scrapped planned tariffs on Greenland, easing geopolitical tensions. Nasdaq led gains, rising 0.6%, boosted by technology giants Nvidia, AMD, and Microsoft amid hopeful U.S.-China trade talks on chip exports. The S&P 500 advanced 0.4%, also supported by tech strength. Dow Jones futures gained over 180 points but retreated slightly later, reflecting mixed sentiment ahead of the Federal Reserve meeting. In Asia, India's Sensex and Nifty indices bounced back from recent losses, driven by renewed confidence in domestic equities. Market participants remain cautious, factoring in policy signals and ongoing trade negotiations.
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