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Stock Market News 6 January 2026

Uber stock hit by Melius “Sell” call as robotaxi threat sharpens; Wolfe sets $110 target

Uber stock hit by Melius “Sell” call as robotaxi threat sharpens; Wolfe sets $110 target

Uber shares fell 1.9% to $81.30 after Melius Research downgraded the stock to “sell” with a $73 target, citing rising robotaxi competition. Wolfe Research set a $110 target. Investors are watching 2026 robotaxi timelines ahead of Uber’s next earnings, expected Feb. 4. Lyft shares dropped 2.8%.
SoFi stock drops below $30 after $1.59 billion share sale as options traders brace for a 13.7% earnings swing

SoFi stock drops below $30 after $1.59 billion share sale as options traders brace for a 13.7% earnings swing

SoFi Technologies shares dropped 8.9% to $26.68 after a $1.59 billion public offering of 57.8 million shares at $27.50 each. Underwriters included Goldman Sachs, BofA, Citigroup, Deutsche Bank, and Mizuho. Options activity surged, with call volume over three times normal and implied post-earnings moves near 14%. Wall Street remains split on valuation, with price targets ranging from $24 to $28.
Coinbase stock slips after Monday rally as bitcoin cools; Goldman upgrade stays in focus

Coinbase stock slips after Monday rally as bitcoin cools; Goldman upgrade stays in focus

Coinbase shares fell 1.2% to $251.90 Tuesday, tracking a 0.6% dip in bitcoin. Goldman Sachs upgraded Coinbase to “Buy” and raised its price target to $303, citing growth in non-trading revenues. Other crypto-linked stocks, including Robinhood and Marathon Digital, also declined. Traders are watching U.S. economic data and Morgan Stanley’s ETF filings for further sector moves.
Regulator says Tunbridge Wells water outage was preventable as South East Water boss faces MPs

Regulator says Tunbridge Wells water outage was preventable as South East Water boss faces MPs

Britain’s Drinking Water Inspectorate told MPs the Pembury treatment works failure that left 24,000 homes near Tunbridge Wells without safe water for two weeks was detected weeks in advance and could have been prevented. South East Water’s CEO admitted communication failures and said the firm’s response scored “eight out of ten” on restoring supply. Lawmakers questioned company leadership and regulatory oversight.
6 January 2026
Robinhood stock slips as order-flow settlement notice lands; crypto-linked names softer

Robinhood stock slips as order-flow settlement notice lands; crypto-linked names softer

Robinhood shares fell 1.7% to $121.20 Tuesday, trailing the broader market as crypto stocks cooled and bitcoin slipped from session highs. A proposed $2 million settlement in an order-flow lawsuit covering trades from 2016–2018 was posted Monday, with a court hearing set for May 5. Traders are watching Friday’s U.S. jobs report and Robinhood’s Feb. 10 earnings. Coinbase dropped 0.9%, while Charles Schwab gained 0.7%.
JPMorgan stock slips after record run as investors eye Jan. 13 earnings

JPMorgan stock slips after record run as investors eye Jan. 13 earnings

JPMorgan shares slipped 0.3% to $333 Tuesday, pulling back after Monday’s record high. The bank’s new Special Advisory Services unit drew attention, while investors await fourth-quarter results due January 13. JPMorgan’s board declared a $1.50 dividend payable January 31 to holders as of January 6. Cost pressures remain a risk, with 2026 expenses projected at $105 billion.
Exxon Mobil (XOM) stock slips after Venezuela-fueled rally as investors weigh oil supply risks

Exxon Mobil (XOM) stock slips after Venezuela-fueled rally as investors weigh oil supply risks

Exxon shares dropped 1.4% to $123.63 Tuesday morning, reversing part of Monday’s gains as traders weighed U.S. talks on boosting Venezuelan oil output. Brent crude rose 0.7% to $62.22 a barrel. Chevron fell 2.7%, while ConocoPhillips was flat. The S&P 500 energy index had hit a 10-month high Monday after U.S. military action in Venezuela.
Rithm Capital (RITM) stock slips below $11 as rate bets shift ahead of U.S. jobs data

Rithm Capital (RITM) stock slips below $11 as rate bets shift ahead of U.S. jobs data

Rithm Capital shares fell about 1.5% to $10.99 in Tuesday morning trading, reversing Monday’s gain and moving below $11. The stock remains 14% under its 52-week high. Investors are watching Friday’s U.S. jobs report and Rithm’s early February earnings for signals on rates and dividends. The company declared a $0.25 quarterly dividend, payable Jan. 30.
BigBear.ai stock rises 4% as BBAI debt redemption deadline nears

BigBear.ai stock rises 4% as BBAI debt redemption deadline nears

BigBear.ai shares rose 4.3% to $6.13 Tuesday as the company moved to cut about $125 million in convertible-note debt, mainly through stock conversions ahead of a Jan. 16 redemption deadline. The company raised the conversion rate to 305.5254 shares per $1,000 principal for conversions before Jan. 15. About 22 million shares traded. BigBear.ai recently closed its $250 million cash acquisition of Ask Sage.
Intel stock slips as CES Panther Lake chips and fresh “buy” call put 18A turnaround in spotlight

Intel stock slips as CES Panther Lake chips and fresh “buy” call put 18A turnaround in spotlight

Intel shares slipped 0.1% to $39.32 Tuesday morning after launching its Panther Lake/Core Ultra Series 3 laptop chips at CES, marking the first high-volume use of its 18A manufacturing process. The company said more than 200 PC designs will use the new chips, with laptops available globally from Jan. 27. Investors are watching for early order signals and production ramp as Intel aims to regain manufacturing edge.
6 January 2026
Qualcomm stock jumps at CES 2026 on Snapdragon X2 Plus AI PC launch and robotics push

Qualcomm stock jumps at CES 2026 on Snapdragon X2 Plus AI PC launch and robotics push

Qualcomm shares rose about 3% to $181.64 Tuesday after unveiling new PC and robotics chips at CES 2026. The company said its Snapdragon X2 Plus will power Windows Copilot+ PCs in 2026 and confirmed Toyota will use its Snapdragon Digital Chassis in the next RAV4. Semiconductor ETFs gained 2.7%. Investors await Qualcomm’s fiscal Q1 results on Feb. 4.
Oklo (OKLO) stock jumps again as U.S. rolls out $2.7B uranium push and nuclear hearing nears

Oklo (OKLO) stock jumps again as U.S. rolls out $2.7B uranium push and nuclear hearing nears

Oklo shares climbed about 3% to $92 in early Tuesday trading, following a 15% surge Monday. The U.S. Energy Department announced $2.7 billion in uranium-enrichment contracts for next-generation reactor fuel. House lawmakers will hold a Jan. 7 hearing on nuclear licensing and deployment. Russia remains the only commercial producer of high-assay low-enriched uranium.
6 January 2026
Eli Lilly stock rises on Nimbus obesity pill pact as oral drug race heats up

Eli Lilly stock rises on Nimbus obesity pill pact as oral drug race heats up

Eli Lilly shares rose about 1.6% Tuesday after Nimbus Therapeutics announced a deal to develop an oral obesity drug with the company. Nimbus will receive $55 million upfront and could get up to $1.3 billion in total payments plus royalties. The agreement follows Novo Nordisk’s U.S. launch of its $149-a-month Wegovy pill, intensifying focus on oral weight-loss treatments.
Alphabet (Google) Class C stock (GOOG) slips as Texas privacy fee award and CES put Waymo in focus

Alphabet (Google) Class C stock (GOOG) slips as Texas privacy fee award and CES put Waymo in focus

Alphabet’s non-voting Class C shares fell 0.7% to $315.13 on Tuesday, underperforming as the Nasdaq 100 rose. Texas awarded $156 million in legal fees tied to a $1.375 billion Google privacy settlement, according to Reuters. Investors tracked CES news on AI chips and autonomous driving, with Alphabet’s Waymo in focus.

Stock Market Today

CBA share price: Commonwealth Bank stock steadies after ASX selloff as earnings loom

CBA share price: Commonwealth Bank stock steadies after ASX selloff as earnings loom

8 February 2026
Commonwealth Bank of Australia closed Friday down 0.23% at A$158.91, outperforming a 2.03% drop in the S&P/ASX 200. Investors await CBA’s half-year results on Feb. 11 and commentary from CEO Matt Comyn. The Reserve Bank’s recent cash-rate hike to 3.85% and upcoming mortgage repricing are in focus. CBA flagged A$68 million in provisions and A$53 million in non-recurring income items.
Boeing stock jumps 2.6% to $243 — what Wall Street is watching before Monday

Boeing stock jumps 2.6% to $243 — what Wall Street is watching before Monday

8 February 2026
Boeing shares closed up 2.6% at $243.03 Friday, buoyed by reports of possible major aircraft orders from Saudi Arabia and India. India’s trade minister said a $70–80 billion Boeing deal could be signed by March. Supply-chain delays and regulatory scrutiny remain key risks. Boeing’s chief engineer sold over 10,000 shares earlier in the week.
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