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Financial News News 8 January 2026

Legence (LGN) stock drops nearly 9% today as contractors slide ahead of U.S. payrolls

Legence (LGN) stock drops nearly 9% today as contractors slide ahead of U.S. payrolls

New York, Jan 8, 2026, 14:38 EST — Regular session Legence Corp (LGN.O) shares fell about 9% to $43.99 on Thursday, after earlier touching $48.79. The stock closed at $48.32 on Wednesday. The pullback lands on a newly public name that has moved fast since its September debut. Blackstone-backed Legence raised $728 million in an IPO priced at $28 a…
8 January 2026
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Coherent (COHR) stock slides nearly 10% as investors turn picky on AI-linked optics

Coherent (COHR) stock slides nearly 10% as investors turn picky on AI-linked optics

New York, Jan 8, 2026, 14:31 EST — Regular session Coherent Corp shares slid 9.6% to $173.31 in afternoon trading on Thursday, reversing earlier gains as a wave of selling hit some AI-linked hardware names. The stock ranged from $192.50 to $173.29, with volume running a bit above its recent average. The drop comes as investors get more selective about…
8 January 2026
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Eaton stock slips after Barclays cuts target as rate bets stay in play

Eaton stock slips after Barclays cuts target as rate bets stay in play

New York, January 8, 2026, 14:42 EST — Regular session Shares of Eaton Corporation plc (ETN) fell about 0.8% on Thursday after Barclays lowered its price target on the power-management company. Barclays analyst Julian Mitchell cut the target to $350 from $362 and kept an Equal Weight rating, an in-line call; Eaton was down $2.53 at $320.14 in afternoon trade.…
8 January 2026
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EQT stock slides as U.S. natural gas prices fall after big storage draw

EQT stock slides as U.S. natural gas prices fall after big storage draw

NEW YORK, Jan 8, 2026, 14:24 EST — Regular session EQT Corp (EQT.N) shares slid on Thursday as U.S. natural gas prices fell, pressuring gas-heavy producers after a volatile week in the futures market. The stock was down 4.2% at $52.20 in afternoon trade, while front-month Henry Hub gas futures hovered around $3.388 per million British thermal units (mmBtu), down…
8 January 2026
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Seagate stock slides nearly 9% as AI-storage rally cools; traders refocus on Friday data

Seagate stock slides nearly 9% as AI-storage rally cools; traders refocus on Friday data

New York, Jan 8, 2026, 14:34 EST — Regular session Seagate Technology Holdings fell 9.3% to $279.72 in afternoon trade, after swinging between $310.50 and $278.26. Western Digital dropped 8.0% and Sandisk fell 7.0% as the broader storage rally lost steam. The pullback follows a burst of buying earlier this week after comments from Nvidia CEO Jensen Huang at the…
8 January 2026
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XRP price slips after WisdomTree pulls SEC filing — and Friday’s jobs report looms

XRP price slips after WisdomTree pulls SEC filing — and Friday’s jobs report looms

NEW YORK, Jan 8, 2026, 14:34 EST — Regular session XRP fell on Thursday after WisdomTree asked U.S. regulators to pull its registration for a proposed XRP fund, a filing that traders read as a small but real check on the rush to wrap crypto in stock-market products. XRP was down about 1.8% at $2.14, after trading as low as…
8 January 2026
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Bitcoin price today steadies near $91,000 as Strategy stock climbs on MSCI index reprieve

Bitcoin price today steadies near $91,000 as Strategy stock climbs on MSCI index reprieve

NEW YORK, Jan 8, 2026, 14:11 EST — Regular session Bitcoin steadied on Thursday after an early dip, while shares of Strategy (MSTR) rose with other crypto-linked stocks as investors digested MSCI’s latest move on index eligibility. Bitcoin was up about 0.4% at $91,152, after touching $89,312 earlier in the session, while Strategy gained about 4.7% and Coinbase added about…
8 January 2026
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Silicon Motion (SIMO) stock slides about 10% as chip trade cools — what’s next

Silicon Motion (SIMO) stock slides about 10% as chip trade cools — what’s next

New York, Jan 8, 2026, 14:17 EST — Regular session Silicon Motion Technology Corp shares fell about 10% on Thursday, giving back a chunk of a sharp two-day run in the Nasdaq-listed storage chip name. The stock was down 9.9% at $109.10 in afternoon trading, after touching $123 earlier in the session. The drop came as tech shares slipped more…
8 January 2026
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Why Applied Optoelectronics (AAOI) stock is down today as tech pulls back

Why Applied Optoelectronics (AAOI) stock is down today as tech pulls back

New York, January 8, 2026, 13:44 (ET) — Regular session Applied Optoelectronics (AAOI.O) slid 14.9% to $32.40 in afternoon trading on Thursday after opening at $37.91, with about 6.2 million shares changing hands. The stock hit an intraday low of $31.70. The drop landed as investors trimmed exposure to big tech, leaving the Nasdaq down about 0.5% around midday even…
8 January 2026
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Barrick gold stock slips mid-session as payrolls loom; HSBC flags $5,000 gold risk

Barrick gold stock slips mid-session as payrolls loom; HSBC flags $5,000 gold risk

New York, Jan 8, 2026, 13:52 (EST) — Regular session Barrick Mining shares edged down 0.3% to $47.14 by 1:52 p.m. ET on Thursday, after trading between $46.00 and $47.20 earlier in the session. StockAnalysis Gold was steadier, with spot prices up 0.2% at $4,460.36 an ounce by late morning after touching $4,406.89, as traders set up for Friday’s U.S.…
8 January 2026
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Visa stock slips as SEC filing presses independent chair vote ahead of annual meeting

Visa stock slips as SEC filing presses independent chair vote ahead of annual meeting

NEW YORK, Jan 8, 2026, 13:33 EST — Regular session Visa Inc shares slid nearly 1% on Thursday, underperforming some payments peers, as investors weighed a fresh SEC filing urging a vote to hardwire an independent board chair policy. The stock was down $3.45 at $352.43, after dipping as low as $349.83 in the session. The governance push lands late…
8 January 2026
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Regencell Bioscience (RGC) stock slides about 18% after five volatility halts on Nasdaq

Regencell Bioscience (RGC) stock slides about 18% after five volatility halts on Nasdaq

NEW YORK, January 8, 2026, 13:45 EST — Regular session Regencell Bioscience Holdings Limited shares were down 18.5% at $43.10 on Thursday, a sharp reversal after an early spike that pushed the Nasdaq-listed stock as high as $69.97. The shares opened at $62.00 and later fell to $36.01. The whipsaw matters because it comes on top of a two-day surge…
8 January 2026
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Stock Market Today

  • Crude Oil Prices Surge Amid Middle East Tensions and Production Controls
    January 29, 2026, 5:37 PM EST. Crude oil prices surged to a 4.25-month high, closing up 3.5%, while gasoline reached a 2-month high amid escalating geopolitical tensions. President Trump threatened military action on Iran over nuclear deal talks, raising fears of supply disruptions, especially at the strategic Strait of Hormuz. Weakening of the U.S. dollar also supported energy prices. The Russia-Ukraine conflict dampened hopes for peace, sustaining restrictions on Russian crude exports, a bullish factor for oil. The IEA cut its 2026 global crude surplus forecast slightly, while the EIA revised U.S. production higher but lowered energy consumption expectations. OPEC+ plans to pause production hikes in Q1 2026 to address the global oil surplus. Ukrainian attacks on Russian refineries continue to reduce global supply, further underpinning prices.
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