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Finance News 3 January 2026 - 7 January 2026

Praxis Precision stock rises as $575 million share sale clears at $260

Praxis Precision stock rises as $575 million share sale clears at $260

NEW YORK, Jan 7, 2026, 12:02 PM EST — Regular session Praxis Precision Medicines shares rose about 6% on Wednesday after the biotech priced a $575 million public offering overnight, even as the deal came at a discount to the prior close. GlobeNewswire The Boston-based company late Tuesday set the offering at $260 per share for 2.212 million shares, and…
Gold price slides as dollar firms and traders brace for U.S. jobs data

Gold price slides as dollar firms and traders brace for U.S. jobs data

New York, January 7, 2026, 07:08 EST — Premarket Gold prices fell on Wednesday as the dollar held near a two-week high and traders reassessed the latest U.S.-Venezuela headlines after a sharp rally. Spot gold was down 0.8% at $4,461.51 an ounce by 10:01 GMT, while U.S. gold futures slid 0.5% to $4,471.30; silver fell 2.3% and platinum dropped 6%.…
Goldman Sachs stock edges higher after hours as 2025 M&A crown sharpens earnings focus

Goldman Sachs stock edges higher after hours as 2025 M&A crown sharpens earnings focus

NEW YORK, Jan 6, 2026, 19:38 EST — After-hours Goldman Sachs Group Inc shares rose in after-hours trading on Tuesday, extending recent gains after fresh data showed the bank again led global merger advising last year. The stock was up 0.7% at $955.47, after swinging between $943.86 and $958.55 in the session. The update matters heading into U.S. bank earnings…
Bitmine (BMNR) stock dips after company says crypto-and-cash holdings hit $14.2 billion

Bitmine (BMNR) stock dips after company says crypto-and-cash holdings hit $14.2 billion

New York, January 6, 2026, 15:54 EST — Regular session Shares of Bitmine Immersion Technologies Inc (BMNR) fell 2.1% to $32.65 in afternoon trade on Tuesday, after swinging between $31.41 and $34.13 on volume of about 34 million shares. The company said it held $14.2 billion in crypto and cash, including 4.144 million ether (ETH) — the token that powers…
Goldman Sachs stock jumps 4% into 2026 as jobs data and Q4 earnings loom

Goldman Sachs stock jumps 4% into 2026 as jobs data and Q4 earnings loom

NEW YORK, Jan 4, 2026, 5:21 PM ET — Market closed Goldman Sachs shares closed up 4.0% on Friday at $914.34, outpacing a muted broader market move in the first trading session of 2026. The stock added $35.38 on the day and traded between $880.82 and $914.99. The timing matters. Investors are rotating portfolios at the start of the year…
Before ASX opens Jan 5, 2026: SPI futures steady, big banks bid, Northern Star and inflation data in focus

Before ASX opens Jan 5, 2026: SPI futures steady, big banks bid, Northern Star and inflation data in focus

SYDNEY, Jan 4, 2026, 14:39 ET — Market closed Australian shares head into Monday’s open with futures little changed and investors still trading thin holiday liquidity into the first full week of 2026. SPI 200 futures — derivatives that track the benchmark share index — were last at 8,726. The near-term test is whether risk appetite holds as markets pivot…
AppLovin stock slides into Monday after 8% drop — what investors watch next

AppLovin stock slides into Monday after 8% drop — what investors watch next

NEW YORK, Jan 4, 2026, 10:11 ET — Market closed AppLovin shares ended Friday’s session down 8.2% at $618.32, leaving the mobile advertising company heading into Monday under pressure after a bruising start to 2026. Investing The slide matters now because AppLovin was one of last year’s standout winners, and the new-year reset is testing how much conviction remains after…
Kalshi’s inflation prediction market claims to beat Wall Street — scrutiny rises

Kalshi’s inflation prediction market claims to beat Wall Street — scrutiny rises

NEW YORK, January 3, 2026, 04:56 ET Kalshi Inc. is stepping up efforts to turn inflation forecasts into tradable contracts, drawing a new wave of scrutiny over whether prediction-market prices belong in macroeconomic analysis. In a Bloomberg Opinion column published Friday, columnist Aaron Brown said Kalshi had publicized a study claiming more accurate inflation forecasts than Wall Street’s consensus, while…
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Stock Market Today

  • Elon Musk Combines SpaceX and xAI Ahead of $1.25 Trillion IPO
    February 2, 2026, 5:09 PM EST. Elon Musk is merging his rocket maker SpaceX with AI startup xAI, preparing for a significant initial public offering (IPO) expected to value the combined entity at $1.25 trillion. SpaceX, known for orbital launch services and its Starlink satellite internet, reportedly earned $8 billion in profit on $15-16 billion revenue in 2025. xAI, which merged with Musk's social network X last year, recently raised $20 billion at a $230 billion valuation and faces new regulatory scrutiny over AI-generated content. Tesla, Musk's electric vehicle company, plans a $2 billion investment in xAI. This ties together key parts of Musk's business empire, aiming to innovate across AI, space, and internet platforms.
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