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Investment News 7 January 2026

TORM (TRMD) stock jumps as Oaktree drops below one-third — what changes next

TORM (TRMD) stock jumps as Oaktree drops below one-third — what changes next

NEW YORK, Jan 7, 2026, 12:46 EST — Regular session TORM plc shares jumped 6.7% to $21.85 in midday U.S. trade on Wednesday. The product tanker owner said Oaktree Capital Management and its affiliates have fallen below a one-third ownership threshold, triggering a governance reset. Nasdaq That matters now because the “threshold date” strips out a set of limits written…
7 January 2026
Legend Biotech (LEGN) stock jumps after Oppenheimer starts coverage with $75 target

Legend Biotech (LEGN) stock jumps after Oppenheimer starts coverage with $75 target

New York, January 7, 2026, 12:32 (EST) — Regular session Shares of Legend Biotech Corp rose 7.4% to $22.53 in midday trading on Wednesday after Oppenheimer initiated coverage with an “Outperform” rating and set a $75 price target, according to MarketBeat. StreetInsider said Oppenheimer analyst Trevor Allred authored the initiation note. MarketBeat Why it matters now: Legend’s stock has been…
Oracle stock (ORCL) barely moves as Jefferies sticks with $400 target

Oracle stock (ORCL) barely moves as Jefferies sticks with $400 target

New York, January 7, 2026, 11:40 ET — Regular session Oracle Corp shares slipped 0.2% to $193.44 in late-morning trading on Wednesday, after Jefferies reiterated a Buy rating and kept a $400 price target in a 2026 software outlook. Jefferies analyst Brent Thill said OpenAI accounts for 57% of Oracle’s contract backlog and argued the stock can rebound after a…
AppLovin (APP) stock rises as Piper Sandler sticks with $800 target and BofA keeps $860 view

AppLovin (APP) stock rises as Piper Sandler sticks with $800 target and BofA keeps $860 view

New York, January 7, 2026, 11:36 EST — Regular session AppLovin (APP.O) shares rose about 2% on Wednesday, building on a choppy start to the year as fresh analyst notes kept attention on the company’s push into e-commerce advertising. The stock was up at $629.57, while the S&P 500 was little changed and the Nasdaq-100 ETF edged higher; rival Trade…
Western Digital stock slides after CES-fueled rally; WDC shares swing in U.S. trade

Western Digital stock slides after CES-fueled rally; WDC shares swing in U.S. trade

New York, Jan 7, 2026, 11:09 EST — Regular session Western Digital (WDC) shares fell 7.9% to $201.99 in late morning trade on Wednesday, pulling back from Tuesday’s $219.38 close. The stock was down as much as about 11% earlier in the session. The swing shows how fast the market is repricing storage names as the AI trade widens beyond…
Palantir stock ticks higher as Truist starts coverage with $223 target, valuation stays in play

Palantir stock ticks higher as Truist starts coverage with $223 target, valuation stays in play

New York, Jan 7, 2026, 10:50 (EST) — Regular session Palantir Technologies shares rose on Wednesday, keeping a fresh bid in place after a new “buy” call from Truist put the data-analytics firm back on traders’ screens. The move matters now because Palantir is already priced like a winner. Any new sell-side support can pull in fast money, but it…
Sandisk stock dips today after Nvidia CES boost; BofA lifts SNDK target to $390

Sandisk stock dips today after Nvidia CES boost; BofA lifts SNDK target to $390

NEW YORK, January 7, 2026, 10:32 EST — Regular session Sandisk Corp shares fell 2.9% to $339.4 in morning trading on Wednesday, as traders trimmed positions after a fast run in data-storage names. The stock has traded between $331.74 and $350.53 so far. Western Digital slid 10.2% and Seagate Technology dropped 8.9%, while Nvidia gained 1.9%. The move follows a…
UNG stock jumps as Henry Hub natural gas price rebounds; storage report is next test

UNG stock jumps as Henry Hub natural gas price rebounds; storage report is next test

New York, January 7, 2026, 10:23 ET — Regular session Shares of United States Natural Gas Fund LP (UNG), a widely traded natural gas price proxy, rose 2.9% to $11.61 in morning trade as benchmark U.S. natural gas climbed 4.7% to $3.51 per million British thermal units (mmBtu), an energy unit used in gas pricing. Businessinsider UNG is designed to…
XRP price stock watch: Ripple-linked token slides as crypto rally pauses

XRP price stock watch: Ripple-linked token slides as crypto rally pauses

New York, Jan 7, 2026, 10:20 (EST) — Regular session XRP slipped on Wednesday, down 6.9% over the last 24 hours at about $2.21, after trading as high as $2.39, according to CoinMarketCap data. The token’s market value stood near $134 billion. CoinMarketCap The pullback came as a broader crypto rally paused in U.S. morning trade. Bitcoin eased back from…
Boeing stock gets a new $277 target — but a 737 MAX supply signal keeps nagging

Boeing stock gets a new $277 target — but a 737 MAX supply signal keeps nagging

NEW YORK, Jan 7, 2026, 09:37 (EST) Boeing Co shares ticked higher on Tuesday after Bernstein lifted its price target to $277, the latest sign that some on Wall Street think the planemaker’s turnaround has more room to run. The note landed as traders kept one eye on 737 MAX supply data that suggests the ramp remains touchy. https://ts2.tech/en/boeing-stock-rises-as-bernstein-lifts-target-to-277-but-737-supply-signals-stay-in-focus/ The…
Ondas (ONDS) stock slides in premarket as Needham conference and share-sale filings hit the tape

Ondas (ONDS) stock slides in premarket as Needham conference and share-sale filings hit the tape

New York, January 7, 2026, 08:35 EST — Premarket Ondas Holdings Inc shares were down 3.5% at $12.39 in premarket trade on Wednesday after the company said Chief Executive Eric Brock will take part in a fireside chat at the Needham Growth Conference next week. The stock closed Tuesday at $12.84. StockAnalysis The timing matters because Ondas has stacked investor-facing…
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Stock Market Today

  • Fed Chair Odds Boost Bitcoin Amid $34 Trillion Gold Market Surge
    January 25, 2026, 7:11 AM EST. Bitcoin has faltered in 2026 following a surge in gold prices lifting gold's market value to $34 trillion. BlackRock's Rick Rieder, a supporter of bitcoin as a functional alternative to gold, has surged in betting odds to succeed Jerome Powell as Federal Reserve chair. Some predict Rieder will 'run the economy hot,' potentially benefiting crypto assets. Market caution persists as bitcoin struggles to reclaim $90,000 and ETF interest wanes. A White House spokesperson cautions that nomination reports remain speculative ahead of President Trump's announcement. Traders closely monitor this leadership race, with significant implications for U.S. interest rates and crypto market momentum.
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