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Company News News 7 January 2026 - 8 January 2026

Accenture plc stock slips after Faculty AI deal; what traders watch next

Accenture plc stock slips after Faculty AI deal; what traders watch next

New York, Jan 7, 2026, 7:39 PM EST — After-hours Accenture plc shares were little changed in after-hours trade on Wednesday, last at $273.98 after ending the regular session down 0.7%. The pullback came as investors sized up Accenture’s latest bet on artificial intelligence, and a broader market that has started to look more selective. The question hanging over the stock is whether new AI talent and tools show up quickly in bookings and margins, not just headlines. Accenture said on Tuesday it had agreed to acquire Faculty, a British “AI-native” services and products firm, adding more than 400 staff
8 January 2026
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Credo (CRDO) stock jumps 6% after-hours after insider filings; Needham conference is next focus

Credo (CRDO) stock jumps 6% after-hours after insider filings; Needham conference is next focus

New York, January 7, 2026, 18:57 (EST) — After-hours Credo Technology Group Holding Ltd shares rose about 6% to $141 in after-hours trading on Wednesday, after swinging between $124.85 and $143.14 in the regular session. The Nasdaq-listed stock is about 6% below its 52-week high of $150.76. The move matters because Credo sits in the middle of the AI data-center buildout trade — a part of semiconductors where sentiment can turn on small scraps of information. When a high-beta stock like this whipsaws in a day, investors usually go looking for a trigger, even if it is just positioning. One
8 January 2026
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First Solar stock slides 10% on Jefferies downgrade as 2026 orders come into focus

First Solar stock slides 10% on Jefferies downgrade as 2026 orders come into focus

New York, January 7, 2026, 18:48 (EST) — After-hours Shares of First Solar (FSLR) fell 10.3% to $241.11 on Wednesday after Jefferies downgraded the U.S. solar panel maker to “hold” from “buy” and cut its price target to $260 from $269. The brokerage cited “limited booking visibility” for 2026 and said a hoped-for “S232” tailwind — shorthand for potential Section 232 duties that can be imposed after a Commerce Department national-security investigation — could “underwhelm investor expectations,” flagging possible carve-outs for Germany and developers moving ahead of any levies. The stock opened at $254.02 and touched $239.26 at its low;
8 January 2026
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AbbVie stock slips after hours after denying Revolution Medicines talks, trims 2025 profit view

AbbVie stock slips after hours after denying Revolution Medicines talks, trims 2025 profit view

New York, Jan 7, 2026, 18:35 EST — After-hours AbbVie (ABBV.N) shares were down about 1% at $231.11 in after-hours trading on Wednesday after the drugmaker denied a Wall Street Journal report that it was in advanced talks to buy cancer-drug developer Revolution Medicines (RVMD.O), saying it “is not in discussions with Revolution Medicines.” The stock had closed up 4.2% at $233.42, while Revolution shares slid 11.5% late after jumping nearly 30% earlier, with the report pointing to a valuation around $20 billion. AbbVie has spent more than $20 billion on acquisitions since 2023 as its former blockbuster Humira lost
8 January 2026
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Exxon Mobil stock slips after filing flags up to $1.2 billion upstream hit from crude slide (XOM)

Exxon Mobil stock slips after filing flags up to $1.2 billion upstream hit from crude slide (XOM)

New York, Jan 7, 2026, 17:16 (EST) — After-hours Exxon Mobil shares slid 2.1% to $118.49 in after-hours trading on Wednesday after the company flagged a fourth-quarter upstream earnings hit from lower crude prices. Exxon said changes in liquids prices could cut upstream earnings by $800 million to $1.2 billion. Brent crude fell 9.2% in the quarter and ended 2025 down about 19%; Exxon is due to report on Jan. 30, and analysts see adjusted earnings of $1.66 a share, LSEG data show. Reuters The filing lands at a touchy moment for the sector, with investors trying to pin down
7 January 2026
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Lockheed Martin stock slides after Patriot missile deal, Goldman sticks to $430 sell target

Lockheed Martin stock slides after Patriot missile deal, Goldman sticks to $430 sell target

NEW YORK, Jan 7, 2026, 17:02 EST Lockheed Martin has struck a seven-year framework agreement with the U.S. Department of War to more than triple production capacity of its PAC-3 missile interceptors, a key part of the Patriot air-defense system. Output is expected to rise to about 2,000 a year from roughly 600 as demand for air defenses climbs, and the missiles have also been supplied to Ukraine. The U.S. military awarded Lockheed a record $9.8 billion contract in September for 1,970 Patriot missiles. Reuters The deal lands as the department tries to push munitions into a faster, steadier production
7 January 2026
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Alphabet’s GOOG stock overtakes Apple in market value — what investors watch next

Alphabet’s GOOG stock overtakes Apple in market value — what investors watch next

NEW YORK, January 7, 2026, 16:28 EST — After-hours Alphabet’s non-voting Class C shares climbed on Wednesday, lifting the Google parent above Apple in market value for the first time since 2019. https://www.barrons.com/articles/alphabet-stock-apple-market-cap-625151cc The shift matters because it shows where the money is hiding right now: investors are still willing to pay up for companies tied to artificial intelligence, even as the broader tape turns choppy. It also puts Alphabet back in the same conversation as Nvidia at the top end of U.S. equity valuations. Alphabet’s Class C stock (GOOG) was up about 2.5% at $322.46 after the bell. Apple
7 January 2026
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Why Vistra stock is sliding after the $4.7 billion Cogentrix deal

Why Vistra stock is sliding after the $4.7 billion Cogentrix deal

New York, January 7, 2026, 14:57 EST — Regular session Vistra Corp (NYSE:VST) shares fell about 8% to $155.93 on Wednesday afternoon. The stock was down $13.60 from its previous close. Moody’s affirmed Vistra’s Ba1 corporate family rating but revised its outlook to stable from positive after the company agreed to buy a 5.5-gigawatt gas portfolio from Cogentrix. The agency cited Vistra’s “acquisitive appetite and financial policy,” saying the transaction delays the company’s expected deleveraging. Investing.com Vistra announced on Monday it would buy Cogentrix Energy from Quantum Capital Group for about $4.7 billion, adding 10 natural gas plants across PJM,
7 January 2026
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ASTS stock price forecast: Scotiabank downgrade hits AST SpaceMobile as targets split wide

ASTS stock price forecast: Scotiabank downgrade hits AST SpaceMobile as targets split wide

NEW YORK, Jan 7, 2026, 14:43 EST — Regular session AST SpaceMobile shares slid about 11% on Wednesday after Scotiabank downgraded the satellite-to-smartphone company. The stock was down $10.77 at $86.72 in afternoon trade, after touching $95.25 earlier and a low of $85.37. The drop matters now because ASTS is priced like a timetable. Investors have been leaning on the idea that direct-to-device broadband — 4G and 5G links beamed from orbit to standard phones — moves from tests to paying users sooner rather than later, and without ugly surprises. AT&T said it plans to start offering a “beta” direct-to-device
7 January 2026
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AST SpaceMobile stock dives 10% as Scotiabank downgrade hits ASTS valuation

AST SpaceMobile stock dives 10% as Scotiabank downgrade hits ASTS valuation

New York, January 7, 2026, 13:29 EST — Regular session AST SpaceMobile (ASTS) shares fell 10.2% to $87.55 in regular trading on Wednesday after Scotiabank cut its rating. The stock has traded between $95.25 and $86.20 so far, with about 15 million shares changing hands. Finviz Scotiabank analyst Andres Coello downgraded the stock to “Sell” and set a $45.60 price target, Barron’s reported. Coello flagged valuation, with the stock trading at more than 100 times projected 2026 sales and about 20 times estimated 2029 EBITDA, even as the company is not expected to post positive operating profits until 2027, the
7 January 2026
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Vedanta hits fresh 52-week high near Rs 630 on demerger trade; broker targets stretch to Rs 686

Vedanta hits fresh 52-week high near Rs 630 on demerger trade; broker targets stretch to Rs 686

MUMBAI, January 7, 2026, 23:15 (IST) Vedanta Ltd shares touched a 52-week high of 629.90 rupees on Wednesday before giving back most of the move, ending almost flat at 622 rupees. Business Today The jump mattered because it came in a choppy session for Indian stocks, with investors scanning trade and geopolitical headlines ahead of the earnings season. “Markets remain sensitive to trade and geopolitical developments,” said Hitesh Tailor, a research analyst at Choice Equity Broking. Reuters Brokerage targets have moved up as the rally has stretched into a month-long run. Kotak Securities has a target of 650 rupees, Investec
7 January 2026
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Firefly Aerospace stock jumps as traders look past fresh class-action reminders

Firefly Aerospace stock jumps as traders look past fresh class-action reminders

NEW YORK, Jan 7, 2026, 12:14 (EST) — Regular session Firefly Aerospace Inc shares rose on Wednesday, swinging sharply after the open even as new law-firm notices about a securities class-action lawsuit spread across newswires. The stock was up 8.5% at $28.69, after trading as low as $25.39 and as high as $29.00. The move matters because Firefly has been trading like a headline stock since its 2025 listing, and the latest legal reminders land days before a Jan. 12 deadline for investors to seek lead-plaintiff status in the case — the shareholder who would represent the class and direct
7 January 2026
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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, 12:15 AM EST CleanSpark (CLSK) Shares Show Volatility Amid Bitcoin Mining Growth Prospects February 7, 2026, 12:02 AM EST. CleanSpark (CLSK), a bitcoin mining firm, saw a sharp 21.96% rise in one day after a 35.26% decline over 90 days. The company posted $785 million in annual revenue but a net loss of $267 million. Despite recent share price volatility, analysts estimate a fair value of $23.16 per share, more than double the current $10.08 price, reflecting expectations of expansion in mining capacity and improved margins. The valuation
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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