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Stock Market 10 January 2026

Rigetti (RGTI) stock dips after 108‑qubit Cepheus reset; CEO cites “tunable coupler” complexity

Rigetti (RGTI) stock dips after 108‑qubit Cepheus reset; CEO cites “tunable coupler” complexity

Rigetti shares fell 2.1% to $24.72 Friday after the company delayed general availability of its 108-qubit Cepheus-1-108Q system to the end of Q1 2026. Vanguard disclosed a 10.89% stake in Rigetti in a recent regulatory filing. The 108-qubit system achieved a median two-qubit gate fidelity of 99%, according to the company.
WBD stock rises as Paramount calls Netflix deal “presumptively unlawful” and a key deadline nears

WBD stock rises as Paramount calls Netflix deal “presumptively unlawful” and a key deadline nears

Warner Bros. Discovery shares rose 2% Friday as Paramount’s legal chief urged Congress to scrutinize Netflix’s planned deal for WBD assets, calling it “presumptively unlawful.” WBD closed at $28.89, about $1 below Paramount’s $30-per-share tender offer, which expires Jan. 21. Exiting the Netflix agreement would cost WBD $4.7 billion. Both deals face likely antitrust review and possible delays of over a year.
Marvell Technology stock slips after insider sale filing; AI deal digested as CPI looms

Marvell Technology stock slips after insider sale filing; AI deal digested as CPI looms

Marvell Technology shares fell 0.3% to $83.22 Friday, extending their weekly loss to about 8%. SEC filings showed Chief Legal Officer Mark Casper sold 5,000 shares at $93.08 each. The drop follows Marvell’s $540 million deal to acquire XConn Technologies. Investors are watching for next week’s U.S. CPI report and Marvell’s earnings in early March.
Coherent stock snaps back after steep slide as jobs data lifts tech — what COHR traders watch next

Coherent stock snaps back after steep slide as jobs data lifts tech — what COHR traders watch next

Coherent shares rose 2.8% to $178.06 Friday, rebounding after a 9.6% drop the previous day. The move followed a softer U.S. jobs report that shifted rate expectations and lifted tech stocks. Coherent’s next earnings report is expected in early February, with investors watching U.S. CPI data on Jan. 13. The stock’s price-to-earnings ratio stands at 227.5, well above the industry median.
10 January 2026
Lululemon stock drops nearly 4% as tariff ruling stays unresolved — what to watch next

Lululemon stock drops nearly 4% as tariff ruling stays unresolved — what to watch next

Lululemon shares fell 3.9% Friday, closing at $203.90 after dipping near $200. The drop followed uncertainty over U.S. Supreme Court action on tariffs, with a ruling possible Jan. 14. CEO Calvin McDonald will step down Jan. 31, with two interim co-CEOs named. Founder Chip Wilson has launched a proxy fight, nominating three directors amid pressure from Elliott Management.
10 January 2026
Merck stock dips after $32 billion Revolution Medicines talks report, with Gardasil and Keytruda in focus

Merck stock dips after $32 billion Revolution Medicines talks report, with Gardasil and Keytruda in focus

Merck shares fell 0.4% to $110.53 after reports it is in talks to acquire Revolution Medicines for up to $32 billion. The company faces new scrutiny over its Gardasil and RotaTeq vaccines after U.S. policy changes, with analysts estimating a $2 billion annual revenue impact. Wolfe Research upgraded Merck, citing progress on a subcutaneous version of Keytruda.
NuScale Power stock jumps after Bank of America upgrade as Meta nuclear pacts lift SMR trade

NuScale Power stock jumps after Bank of America upgrade as Meta nuclear pacts lift SMR trade

NuScale Power shares rose 4.3% to $20.51 in after-hours trading Friday after Bank of America upgraded the stock to neutral with a $28 target, citing funding and timing challenges. Meta’s new nuclear power deals fueled sector-wide gains, with Vistra and Oklo jumping nearly 14%. Options trading in NuScale surged 31% above average. The stock remains below key moving averages ahead of earnings expected March 2.
AbbVie stock slips after $1.3 billion R&D charge and Revolution Medicines rumor — what investors watch next

AbbVie stock slips after $1.3 billion R&D charge and Revolution Medicines rumor — what investors watch next

AbbVie shares fell 1.8% to $220.08 after the company cut its 2025 earnings forecast and denied takeover talks with Revolution Medicines. AbbVie now expects Q4 adjusted EPS of $2.61–$2.65, down from $3.32–$3.36, and full-year EPS of $9.90–$9.94. The company cited $1.265 billion in R&D and milestone charges. AbbVie said its fourth-quarter results are preliminary.

Stock Market Today

  • DTE Reports Strong Q1 2026 Infrastructure Investment Despite Earnings Decline and New Google Data Center Deal
    May 1, 2026, 7:27 AM EDT. DTE Power saw a robust surge in infrastructure investments in Q1 2026, underlining its strategic focus on modernization. However, the company reported lower quarterly earnings, pressured by operational costs. A key highlight was the announcement of a landmark deal with Google to build a major data center, signaling potential future revenue streams and strategic partnerships. The mixed results reflect DTE's balancing act between growth spending and near-term profitability. Market watchers will monitor how these infrastructure developments translate into long-term returns amid evolving energy demands and tech sector collaborations.

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PSEG’s $960 Million Energy-Savings Update Puts Its Earth Day Push Under Investor Spotlight

PSEG’s $960 Million Energy-Savings Update Puts Its Earth Day Push Under Investor Spotlight

1 May 2026
PSE&G says its energy-efficiency programs now save New Jersey customers nearly $960 million a year, with about 500,000 households and 22,000 businesses participating since October 2020. The company reports first-quarter results May 5, when management is expected to address earnings guidance and capital spending. PSEG has cut operational emissions by 95% from 2005 levels and projects 2026 non-GAAP earnings of $4.28–$4.40 per share.
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 01.05.2026

1 May 2026
LIVEMarkets rolling coverageStarted: May 1, 2026, 12:00 AM EDTUpdated: May 1, 2026, 7:31 AM EDT DTE Reports Strong Q1 2026 Infrastructure Investment Despite Earnings Decline and New Google Data Center Deal May 1, 2026, 7:27 AM EDT. DTE Power saw a **robust surge in infrastructure investments** in Q1 2026, underlining its strategic focus on modernization. However, the company reported **lower quarterly earnings**, pressured by operational costs. A key highlight was the announcement of a **landmark deal with Google** to build a major data center, signaling potential future revenue streams and strategic partnerships. The mixed results reflect DTE's balancing act between
Sandisk Stock Falls After Blowout Q3 Earnings as AI Storage Rally Hits a High Bar

Sandisk Stock Falls After Blowout Q3 Earnings as AI Storage Rally Hits a High Bar

1 May 2026
Sandisk shares dropped about 6% in after-hours trading Thursday despite reporting fiscal Q3 revenue of $5.95 billion, up 251% from a year earlier, and net income of $3.62 billion. The company announced a $6 billion buyback and forecast Q4 revenue of up to $8.25 billion. Gross margin rose to 78.4%. Shares had closed at $1,096.51 before slipping to about $1,030.
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