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Financial News News 2 January 2026

Nebius stock jumps about 7% as chips rally in first U.S. session of 2026 (NBIS)

Nebius stock jumps about 7% as chips rally in first U.S. session of 2026 (NBIS)

NEW YORK, Jan 2, 2026, 15:09 ET — Regular session Shares of Nebius Group N.V. were up 7.4% at $89.91 on Friday afternoon, extending a rebound in AI infrastructure-linked stocks as chip names led the market. The move matters because Nebius is widely seen as a high-beta proxy for demand for graphics processing units, or GPUs — chips used to…
2 January 2026
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Palo Alto Networks stock today: PANW slides nearly 3% as cybersecurity shares lag to start 2026

Palo Alto Networks stock today: PANW slides nearly 3% as cybersecurity shares lag to start 2026

NEW YORK, January 2, 2026, 15:04 ET — Regular session Palo Alto Networks, Inc. shares fell about 2.9% to $178.87 in afternoon trading on Friday. The stock opened at $184.81 and swung between $186.99 and $177.23; about 4.1 million shares had traded. The move matters because investors are using the first trading day of the year to reset risk positions,…
2 January 2026
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Spyre Therapeutics stock sinks 7% today: what’s pressuring SYRE and what investors watch next

Spyre Therapeutics stock sinks 7% today: what’s pressuring SYRE and what investors watch next

NEW YORK, Jan 2, 2026, 14:37 ET — Regular session Shares of Spyre Therapeutics, Inc. slid about 7% on Friday, falling to $30.48 in afternoon trading after touching a session low of $30.11. The stock opened at $32.76 and was last down $2.28 on the day. The move left Spyre underperforming the broader biotech tape, with the SPDR S&P Biotech…
2 January 2026
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Marvell stock jumps 5% in early 2026 session as chip rally lifts MRVL — what’s next

Marvell stock jumps 5% in early 2026 session as chip rally lifts MRVL — what’s next

NEW YORK, Jan 2, 2026, 14:52 ET — Regular session Marvell Technology, Inc. shares were up 5.3% at $89.52 in afternoon trading on Friday, after earlier touching $90.08, as chip stocks opened 2026 with broad gains. Volume was about 8.3 million shares, versus a prior close of $84.98. Semiconductors helped keep U.S. equities from sliding further, with the Philadelphia Semiconductor…
2 January 2026
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Why Pegasystems stock is sliding today: PEGA drops 6% as 2026 trading opens

Why Pegasystems stock is sliding today: PEGA drops 6% as 2026 trading opens

NEW YORK, Jan 2, 2026, 15:03 ET — Regular session Shares of Pegasystems Inc were down 6.2% at $56.01 in afternoon trading on Friday, after ending the prior session at $59.69, according to Google Finance data. Google The drop stands out on the first trading day of 2026, a moment when investors often reset positioning and recheck what they are…
2 January 2026
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Polestar stock swings, down 6% as BBVA reveals 8.4% stake in SEC filing

Polestar stock swings, down 6% as BBVA reveals 8.4% stake in SEC filing

NEW YORK, January 2, 2026, 14:50 ET — Regular session Polestar Automotive Holding UK PLC shares fell 6.4% to $20.01 in afternoon trading on Friday, after swinging between $23.29 and $19.67 earlier in the session. The move put fresh focus on the electric-vehicle maker’s capital structure after it announced late last month it would raise $300 million in equity and…
2 January 2026
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Caterpillar stock jumps 4% as Wolfe lifts target to $670; investors brace for Jan. 9 jobs report

Caterpillar stock jumps 4% as Wolfe lifts target to $670; investors brace for Jan. 9 jobs report

NEW YORK, Jan 2, 2026, 14:45 ET — Regular session Caterpillar Inc (NYSE: CAT) shares climbed 4.3% on Friday after Wolfe Research raised its price target on the heavy equipment maker to $670 from $470 and reiterated an “outperform” rating, according to MT Newswires. MarketScreener The call landed as Wall Street opened 2026 with a cautious tone and investors repositioned…
2 January 2026
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Carvana stock slides nearly 5% in first 2026 session as CVNA lags used-car peers

Carvana stock slides nearly 5% in first 2026 session as CVNA lags used-car peers

NEW YORK, January 2, 2026, 2:45 PM ET — Regular session Carvana Co. shares were down about 5% at $401.17 in afternoon trading on Friday, extending a volatile start to the new year for the online used-car retailer. The stock traded between $390.87 and $426.90. The move left Carvana lagging a mixed U.S. tape, with the S&P 500-tracking SPDR S&P…
2 January 2026
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JFrog stock sinks nearly 7% despite Barclays note on new Enterprise X price hike

JFrog stock sinks nearly 7% despite Barclays note on new Enterprise X price hike

NEW YORK, Jan 2, 2026, 14:31 ET — Regular session JFrog Ltd shares fell nearly 7% on Friday, extending a sharp pullback that took the DevOps software maker below $60 a share during the session. The decline matters because the stock has been treated as a “pricing power” story into year-end, a narrative that can fray quickly if broader software…
2 January 2026
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Linde (LIN) stock rises as 2026 trading kicks off; investors eye jobs data and rates

Linde (LIN) stock rises as 2026 trading kicks off; investors eye jobs data and rates

NEW YORK, January 2, 2026, 14:43 ET — Regular session Linde Plc shares rose 0.7% to $429.50 by early afternoon in New York on Friday, after trading between $422.34 and $429.50. The Nasdaq-listed industrial gases supplier opened at $426.28, with about 949,000 shares changing hands. The move matters now because traders are resetting positions for 2026 and looking for early…
2 January 2026
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AppLovin stock slides nearly 8% today as seven-day skid deepens from record high

AppLovin stock slides nearly 8% today as seven-day skid deepens from record high

NEW YORK, January 2, 2026, 14:41 ET — Regular session AppLovin Corp (APP.O) shares fell about 7.8% to $621.15 in afternoon trading on Friday, reversing an early rise in the first U.S. session of 2026. The stock opened at $683.50 and traded between $688.36 and $611.06, with about 4.4 million shares changing hands. The decline extended AppLovin’s losing streak to…
2 January 2026
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Stock Market Today

  • Australian Shares Fall as Gold Miners Drag; GrainCorp Cuts Fiscal 2026 Earnings Forecast
    February 1, 2026, 7:00 PM EST. Australian shares opened lower on Monday, pressured by falling gold prices that hit miners Northern Star Resources, Evolution Mining, and Newmont. The bullion slump followed the nomination of Kevin Warsh to lead the U.S. Federal Reserve, raising market concerns. Meanwhile, GrainCorp forecasted a sharp decline in fiscal 2026 earnings before interest, taxes, depreciation, and amortization (EBITDA) to AU$200-240 million, down from AU$308 million in fiscal 2025. Global oil prices remained near six-month highs amid OPEC's decision to maintain output despite geopolitical tensions involving Iran and Kazakhstan. On the domestic front, Australia's manufacturing sector expanded at its fastest pace in five months, driven by stronger demand and hiring, according to an S&P Global survey. U.S. indexes also retreated ahead of Tuesday's market open, reflecting broader cautious investor sentiment.
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