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Company News News 2 January 2026 - 3 January 2026

Bitmine Immersion stock jumps as Tom Lee pitches vote to expand share authorization

Bitmine Immersion stock jumps as Tom Lee pitches vote to expand share authorization

NEW YORK, January 3, 2026, 06:39 ET — Market closed Bitmine Immersion Technologies, Inc. (BMNR) closed up 14.88% on Friday at $31.19, with about 58.4 million shares traded, after the company promoted a shareholder vote to dramatically increase the number of shares it is allowed to issue. The push matters because it would reshape the company’s capital flexibility at a time when the stock is already prone to sharp moves. “Authorized shares” is the legal cap on how many shares a company can issue. Raising that limit can make it easier to sell stock, do deals using stock as currency,
Occidental Petroleum (OXY) stock climbs on $9.7B OxyChem sale to Berkshire as markets shut for weekend

Occidental Petroleum (OXY) stock climbs on $9.7B OxyChem sale to Berkshire as markets shut for weekend

NEW YORK, January 3, 2026, 05:50 ET — Market closed Occidental Petroleum shares ended Friday up 3.06% at $42.38 after the company completed a $9.7 billion all-cash sale of its OxyChem chemicals business to Berkshire Hathaway. A regulatory filing showed Occidental published unaudited pro forma financial statements, which adjust past results as if the sale and certain debt redemptions had already happened. The stock’s 52-week range is $34.78 to $53.20, according to the company’s investor site. Oxy The divestiture — the sale of a business — delivers a large cash inflow and reshapes Occidental into a tighter oil-and-gas story. That
Caterpillar stock today: CAT closes near $600 after a 4.5% jump — here’s what investors watch next

Caterpillar stock today: CAT closes near $600 after a 4.5% jump — here’s what investors watch next

NEW YORK, January 3, 2026, 05:32 ET — Market closed Caterpillar Inc shares (CAT) rose $25.54, or 4.46%, to close at $598.41 on Friday. The stock traded between $575.31 and $599.61 and finished about $29 below its recent high of $627.50, according to Investing.com data. Investing The move matters because Caterpillar is a bellwether for big-ticket equipment demand in construction, mining and energy. Its shares tend to react quickly to shifts in growth expectations, interest-rate bets and trade policy. That mix is in flux early in 2026, as markets look for clues on how fast the economy is cooling and
Hyperscale Data (GPUS) stock jumps nearly 49% after insider buying disclosed — what to watch next

Hyperscale Data (GPUS) stock jumps nearly 49% after insider buying disclosed — what to watch next

NEW YORK, January 3, 2026, 04:43 ET — Market closed Hyperscale Data, Inc. shares surged on Friday after a regulatory filing disclosed sizable insider purchases by the company’s executive chairman. The stock closed at $0.2730, up 48.69% from Thursday’s close, according to Investing.com data. Investing The buying matters because it lands at a moment when micro-cap “AI infrastructure” and crypto-adjacent stocks can move sharply on incremental signals, especially when liquidity is thin and daily volume swings are large. For Hyperscale Data, the disclosure offered traders a fresh data point on insider conviction as the company pitches itself around AI data
Carvana stock drops 5% after insider sale filings; what CVNA investors watch next week

Carvana stock drops 5% after insider sale filings; what CVNA investors watch next week

NEW YORK, January 3, 2026, 04:22 ET — Market closed Carvana Co shares fell 5.2% on Friday to $400.25, the last close before U.S. markets shut for the weekend. The drop left Carvana lagging a broader market that started 2026 with modest gains, putting the spotlight back on single-stock catalysts after thin holiday trading. Reuters That matters for Carvana because the stock has become a high-volatility gauge of risk appetite, and investors are looking for fresh signals early in the new year. “The market is looking for direction,” Matthew Maley, chief market strategist at Miller Tabak, told Reuters. Reuters Late
AST SpaceMobile stock jumps nearly 15% as BlueBird 6 orbit milestone refocuses traders on 2026 rollout

AST SpaceMobile stock jumps nearly 15% as BlueBird 6 orbit milestone refocuses traders on 2026 rollout

NEW YORK, January 3, 2026, 03:57 ET — Market closed Shares of AST SpaceMobile Inc rose 14.9% on Friday to close at $83.47, after swinging between $69.25 and $83.76. Volume was about 19 million shares, above the stock’s average daily volume of roughly 12.4 million shares, and the stock was little changed in extended trading. MarketWatch The move matters because AST is trying to convert a high-profile satellite buildout into a commercial service that can scale. For a constellation operator still building out its network, each successful on-orbit step can reset expectations for service timing, capital needs and partnerships. A
BMNR stock jumps after hours as Bitmine chairman urges “yes” vote on 50 billion share plan

BMNR stock jumps after hours as Bitmine chairman urges “yes” vote on 50 billion share plan

NEW YORK, January 2, 2026, 18:29 ET — After-hours Bitmine Immersion Technologies’ shares were up 14.9% at $31.19 in after-hours trading on Friday, after a volatile session that saw the stock swing between $27.48 and $31.50. The move followed a new chairman’s message and related materials urging shareholders to approve a charter amendment that would raise the company’s authorized share count — the maximum number of shares it is allowed to issue under its corporate charter. PR Newswire The timing matters because the vote is approaching, and the outcome could shape how Bitmine funds its crypto treasury strategy and other
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 attached to that capital can influence how investors value the stock. It also lands days before new operating data. Polestar has said it will publish fourth-quarter retail sales volumes next week, a near-term read on demand as the EV market
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 gainers as investors rotated back into chip and AI-linked hardware names. The Philadelphia semiconductor index ended up 4% on Friday, according to Reuters. Reuters Sandisk also announced after the close that it appointed Alexander R. Bradley, chief financial officer of
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 can ripple through both its common stock and its yield-heavy preferred shares. Investors have focused on the company’s cost of capital as it leans on multiple security types to finance its bitcoin strategy. Broader risk appetite also set the backdrop
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 trading day of 2026, when portfolio rebalancing can amplify moves in mid-cap industrial technology names. It also stood out against gains in related laser and photonics stocks, leaving Novanta as a laggard even as investors chased strength elsewhere in the
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 that tends to drive high-growth software. Reuters “Stocks trade expensive on 18 of 20 measures,” said Savita Subramanian, Bank of America’s equity and quant strategist, in a note, as investors looked ahead to next week’s labor-market data for clues on
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Stock Market Today

Westpac share price slides after ASX rout; investors brace for next week’s WBC update

Westpac share price slides after ASX rout; investors brace for next week’s WBC update

7 February 2026
Westpac shares fell 1.2% to A$39.43 Friday as the S&P/ASX 200 dropped 2% amid broad selling. The bank is set to roll out Microsoft 365 Copilot to 35,000 staff after a pilot last year. Investors are watching for signs of loan growth and credit quality ahead of Westpac’s first-quarter update on Feb. 13. The Reserve Bank of Australia raised its cash rate to 3.85% this week.
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