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Stock Market 8 January 2026

ABF shares plunge as Primark Europe slump triggers profit warning — what investors watch next

ABF shares plunge as Primark Europe slump triggers profit warning — what investors watch next

Associated British Foods shares dropped as much as 11.7% after the Primark owner cut its annual profit outlook, citing weak clothing demand in continental Europe and softer U.S. food sales. The company now expects adjusted operating profit and earnings per share below last year, reversing earlier growth forecasts. Primark’s like-for-like sales in continental Europe fell 5.7%. Final segment revenue will be published Jan. 22.
8 January 2026
BAE Systems stock jumps 6% as Europe defence shares hit record on Trump budget call

BAE Systems stock jumps 6% as Europe defence shares hit record on Trump budget call

BAE Systems shares rose about 6% to 2,042 pence in early London trading Thursday after U.S. President Trump called for a larger U.S. military budget. Defence stocks across Europe hit record highs, lifting London’s FTSE 100. Analyst opinions on BAE’s outlook remain divided, with some citing currency risks and budget constraints. Trading volume stayed below average despite the price surge.
8 January 2026
Shell stock in focus after Q4 update flags chemicals loss and weaker trading

Shell stock in focus after Q4 update flags chemicals loss and weaker trading

Shell warned its Chemicals and Products segment will post adjusted earnings below break-even in Q4, citing weaker margins and lower trading. Shell’s ADRs closed down 1.9% in New York at $71.54; London shares fell 3.3% to £26.56. The company also flagged a $1.5 billion cash outflow for German emissions certificates. Investors await full results on Feb. 5.
CapitaLand Investment stock climbs after S$260 million Singapore automated logistics bet

CapitaLand Investment stock climbs after S$260 million Singapore automated logistics bet

CapitaLand Investment shares rose 2.16% to S$2.84 in Singapore after announcing a S$260 million automated logistics facility in Jurong and a minority stake in Ally Logistic Property. The five-storey warehouse, due in 2028, will be fully leased to ALP. Mitsui O.S.K. Lines is also investing through the logistics fund. Investors await February results for updates on fee growth and fundraising.
Yangzijiang Shipbuilding (SGX:BS6) stock slips near 52-week high as traders eye March results

Yangzijiang Shipbuilding (SGX:BS6) stock slips near 52-week high as traders eye March results

Yangzijiang Shipbuilding shares fell 0.8% to S$3.61 in Singapore after touching a 52-week high. Phillip Securities Research called the stock a “technical buy” with S$3.48 as a stop-loss level. The company recently reported a 36.7% jump in half-year net profit and announced new contracts worth US$0.92 billion, but also terminated four tanker deals over sanctions concerns.
City Developments stock climbs after JPMorgan lifts target, flags “strategic review”

City Developments stock climbs after JPMorgan lifts target, flags “strategic review”

City Developments shares climbed 1.7% to S$8.89 in afternoon trade Thursday, near a 52-week high, after JPMorgan raised its target price to S$10.75 and projected higher dividends. The stock led gainers on the Straits Times Index Wednesday, rising 4.2%. JPMorgan cited asset sales and a possible strategic review but warned of risks from inflation and residential sales.
8 January 2026
Singtel stock rebounds in Singapore trade after sharp drop; Optus shake-up in focus

Singtel stock rebounds in Singapore trade after sharp drop; Optus shake-up in focus

Singtel shares rose 0.9% to S$4.43 in afternoon trade Thursday, recovering some of Wednesday’s 3.3% drop. Investors tracked developments at Australian unit Optus, where CTO Tony Baird will depart after a transition period. About 17 million Singtel shares changed hands as traders watched if the price would hold above S$4.40. No major new company disclosures have been issued since Jan. 2.
8 January 2026
ASX Limited (ASX:ASX) shares jump 2% on Goldman upgrade as December activity stays firm

ASX Limited (ASX:ASX) shares jump 2% on Goldman upgrade as December activity stays firm

ASX Ltd shares rose 2% to A$52.14 after Goldman Sachs upgraded the stock to neutral, citing improved trading activity and a positive December report. ASX’s average daily cash-market trades jumped 50% year-on-year and value traded rose 23% to A$6.5 billion. Regulatory pressure continues, with ASIC requiring a A$150 million capital buffer by June 2027. Half-year results are due February 12.
8 January 2026
Nifty, Sensex slide again on Trump tariff threat and foreign selling — plus 3 stock buys for Jan 8

Nifty, Sensex slide again on Trump tariff threat and foreign selling — plus 3 stock buys for Jan 8

Indian shares fell for a fourth day Thursday, with the Nifty 50 down 0.18% at 26,093.35 and the Sensex off 0.13% by 9:55 a.m., as tariff concerns and foreign outflows persisted. Foreign investors sold $170 million in shares Wednesday, bringing January’s outflows to $694 million. Metals and IT stocks led sector declines. The rupee rose to 89.87 per dollar, reportedly after RBI intervention.
DroneShield Limited stock slips as JPMorgan drops off the 5% holder list — what investors watch next

DroneShield Limited stock slips as JPMorgan drops off the 5% holder list — what investors watch next

DroneShield Ltd shares fell 1.0% to A$3.85 after a filing showed JPMorgan Chase & Co. and affiliates dropped below the 5% substantial holder threshold. About 21 million shares changed hands. The company recently promoted Louis Gamarra to chief commercial officer and last month announced an $8.2 million contract to supply counter-drone systems to a western military customer.
8 January 2026

Stock Market Today

  • Wall Street Hits Records as Meta and Microsoft Falter, ASX Set for Rally
    April 30, 2026, 7:12 PM EDT. Wall Street's major indexes surged, with the S&P 500 and Nasdaq posting record highs despite declines in Meta (-8.7%) and Microsoft (-3.9%) amid AI spending concerns. Apple rose 10% after strong Q1 earnings, while Caterpillar and Eli Lilly gained nearly 10% each on industrial and earnings upgrades. Europe's Eurostoxx 600 climbed 1.1% following the ECB's rate hold. ASX futures indicate a 1.5% opening jump. Oil prices fell sharply from four-year highs due to hedge fund profit taking and a softer U.S. dollar, which also boosted the Australian dollar and gold nearly 2%. Analysts called the oil market moves volatile and difficult to gauge fundamentals. This dynamic underpins the cautious yet upbeat global market mood.

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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.
Apple Stock Slips After Earnings Beat as iPhone Supply Snag Clouds $100 Billion Buyback

Apple Stock Slips After Earnings Beat as iPhone Supply Snag Clouds $100 Billion Buyback

1 May 2026
Apple reported fiscal Q2 revenue of $111.2 billion and earnings of $2.01 per share, beating analyst estimates. The board approved a $100 billion share buyback and raised the dividend. Shares fell about 1% after hours as iPhone sales missed forecasts and chip supply remained tight. Investors are watching for clarity on AI strategy and the upcoming CEO transition to John Ternus.
Nvidia Stock Falls as Google and Amazon AI Chip Push Tests the AI Trade

Nvidia Stock Falls as Google and Amazon AI Chip Push Tests the AI Trade

30 April 2026
Nvidia shares dropped 4.6% to $199.57 Thursday as investors reacted to Alphabet and Amazon expanding sales of their own AI chips. Alphabet reported Google Cloud revenue up 63% and began selling TPU chips directly to customers. AMD and Broadcom shares rose 5.1% and 3.0%, respectively. Amazon said its Trainium chip line secured $225 billion in revenue commitments.
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