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Financial News News 7 January 2026

Home Depot stock climbs 1.5% as investors brace for jobs data and rate clues

Home Depot stock climbs 1.5% as investors brace for jobs data and rate clues

New York, Jan 6, 2026, 21:10 EST — Market closed Home Depot shares (HD.N) ended Tuesday up 1.51% at $349.29, while major U.S. stock indexes closed higher in a risk-on session. The stock remains about 18% below its 52-week high. MarketWatch The move matters because Home Depot sits close to the U.S. housing and renovation cycle, where borrowing costs still…
Intuit (INTU) stock jumps 2% after Truist buy call as TurboTax maker heads into tax season

Intuit (INTU) stock jumps 2% after Truist buy call as TurboTax maker heads into tax season

NEW YORK, Jan 6, 2026, 20:59 EST — Market closed Intuit Inc (INTU.O) shares rose 2.1% on Tuesday after Truist Securities began research coverage with a buy rating and a $739 price target, its forecast for where the stock could trade. The stock closed at $647.20. Investing.com Canada The call lands ahead of the busiest stretch of the U.S. tax…
Astera Labs stock drops after insider sale disclosed; earnings next in focus

Astera Labs stock drops after insider sale disclosed; earnings next in focus

New York, Jan 6, 2026, 21:13 EST — Market closed Astera Labs (ALAB.O) shares closed down 3.6% at $161.01 on Tuesday, a second straight decline after a sharp selloff a day earlier. The stock swung between $151.17 and $168.89 in the session as volume rose to about 8.0 million shares. The move landed as investors continued to crowd into chip…
BitMine Immersion Technologies (BMNR) stock slides after $14.2B crypto stash update as share vote nears

BitMine Immersion Technologies (BMNR) stock slides after $14.2B crypto stash update as share vote nears

New York, Jan 6, 2026, 20:50 (ET) — Market closed Shares of BitMine Immersion Technologies (BMNR) closed down 3.1% at $32.33 on Tuesday. The stock traded between $31.38 and $34.04, with about 40.5 million shares changing hands. StockAnalysis The Las Vegas-based firm has pushed into a “digital-asset treasury” play — a company whose balance sheet is dominated by crypto rather…
KLA Corporation stock hits a fresh 52-week high after Cantor upgrade — what’s next for KLAC

KLA Corporation stock hits a fresh 52-week high after Cantor upgrade — what’s next for KLAC

New York, January 6, 2026, 20:51 EST — Market closed KLA Corp (KLAC) shares rose 3.15% to $1,395 on Tuesday, their third straight gain and a new 52-week high, after Cantor Fitzgerald upgraded the chip-equipment maker. The stock touched $1,406 at its session high as the iShares Semiconductor ETF gained 3.3%. The move highlights a broader shift in the AI…
Bank of America stock (BAC) holds near 52-week high after accounting change trims key capital ratio

Bank of America stock (BAC) holds near 52-week high after accounting change trims key capital ratio

New York, Jan 6, 2026, 20:14 EST — Market closed Bank of America Corp said it changed accounting methods for certain tax-related equity investments, an adjustment that would have cut its common equity tier 1 (CET1) ratio — a key measure of bank capital — by 13 basis points as of Sept. 30, 2025, on a pro forma basis. Applied…
Mastercard stock climbs as Wall Street hits records; fee-settlement objections and earnings loom

Mastercard stock climbs as Wall Street hits records; fee-settlement objections and earnings loom

New York, Jan 6, 2026, 20:23 EST — Market closed Mastercard Inc (MA) shares climbed 2.1% to close at $580.34 on Tuesday. The payments network outpaced Visa and American Express as investors stayed in risk-on mode. The move comes as investors track a renewed challenge to a proposed Visa-Mastercard settlement aimed at cutting “swipe fees.” Swipe fees, also called interchange,…
Visa stock rises as Wall Street hits records; CEO filing and U.S. jobs data in focus

Visa stock rises as Wall Street hits records; CEO filing and U.S. jobs data in focus

New York, January 6, 2026, 19:13 EST — After-hours Visa Inc. (V) shares rose 1.1% to $357.56 in Tuesday’s regular session and were unchanged in after-hours trading. The move came as Wall Street extended a rally that pushed the S&P 500 and Dow to record closes, with investors looking ahead to U.S. labor data that can reshape expectations for Federal…
Oklo stock jumps toward $100 as DOE’s $2.7 billion uranium move lifts nuclear plays

Oklo stock jumps toward $100 as DOE’s $2.7 billion uranium move lifts nuclear plays

New York, January 6, 2026, 18:51 EST — After-hours Oklo Inc. shares rose about 7% to $95.60 in after-hours trading on Tuesday, pushing closer to the $100 level traders often watch. The stock traded as high as $96.82 earlier in the session, with about 20 million shares changing hands. The move came as investors continued to price in fresh U.S.…
Nebius Group (NBIS) stock jumps after Nvidia Rubin NVL72 plan — what investors watch next

Nebius Group (NBIS) stock jumps after Nvidia Rubin NVL72 plan — what investors watch next

NEW YORK, January 6, 2026, 18:54 EST — After-hours Nebius Group N.V. shares climbed about 8% in after-hours trading on Tuesday, extending a strong day for the AI infrastructure provider after it said it would offer NVIDIA’s next-generation Vera Rubin NVL72 platform in the United States and Europe from the second half of 2026. The move matters for investors because…
MSCI hits pause on crypto index kick-out plan — Strategy pops after-hours

MSCI hits pause on crypto index kick-out plan — Strategy pops after-hours

New York, January 6, 2026, 18:07 (EST) MSCI said on Tuesday it has decided “not to implement” a proposal to exclude digital asset treasury companies from its MSCI Global Investable Market Indexes as part of its February 2026 index review, and will instead open a wider consultation on the treatment of non-operating companies. Msci The decision matters because MSCI benchmarks…
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Stock Market Today

  • Rubrik Shares Drop 26% But Price-to-Sales Ratio Remains High Amid Growth Concerns
    January 30, 2026, 6:43 AM EST. Rubrik, Inc. (NYSE:RBRK) shares plunged 26% in the last month, adding to a 22% decline over the past year. Despite the drop, the stock's price-to-sales (P/S) ratio remains elevated at 9.7x, far above the Software industry median of 4.4x, signaling potential overvaluation. Rubrik delivered strong revenue growth of 49% last year and nearly doubled revenue over three years, yet analysts forecast a slower 23% per annum growth going forward, below the industry's projected 32%. This mismatch suggests investors may be overly optimistic amid weak analyst confidence. The high P/S ratio amid slowing growth forecasts raises risks of further valuation correction for shareholders.
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