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Stock Market News 2 January 2026

Uber stock rises as UK VAT ‘taxi tax’ takes effect; what investors watch next

Uber stock rises as UK VAT ‘taxi tax’ takes effect; what investors watch next

NEW YORK, Jan 2, 2026, 14:30 ET — Regular session Uber Technologies (UBER.N) shares were up 0.9% at $82.48 on Friday afternoon. The move came as investors tracked a UK tax change affecting ride-hailing economics and Uber’s contract rewrite for drivers outside London. The Guardian The timing matters because the UK’s value-added tax (VAT) — a sales tax — can…
2 January 2026
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Corcept Therapeutics (CORT) stock rebounds today after FDA setback — here’s what investors are watching next

Corcept Therapeutics (CORT) stock rebounds today after FDA setback — here’s what investors are watching next

NEW YORK, January 2, 2026, 2:30 PM ET — Regular session Corcept Therapeutics Incorporated shares were up 5.7% at $36.77 on Friday afternoon, after a sharp selloff earlier in the week tied to a U.S. regulatory setback for its experimental drug relacorilant. The bounce matters because the FDA’s decision hit what investors had seen as a key growth driver beyond…
2 January 2026
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Exzeo (XZO) stock drops nearly 8% in New Year trading — what investors are watching next

Exzeo (XZO) stock drops nearly 8% in New Year trading — what investors are watching next

NEW YORK, Jan 2, 2026, 14:20 ET — Regular session Shares of Exzeo Group Inc slid on Friday, down $1.89, or about 7.8%, at $22.36 in afternoon trading. The NYSE-listed stock traded between $22.25 and $24.18, with about 164,000 shares changing hands. The move stood out on a relatively calm tape, as U.S. equities wobbled into the first full session…
2 January 2026
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Liquidia stock drops 8% today as put-option hedging spikes — what’s next for LQDANEW YORK, Jan 2, 2026, 14:24 ET — Regular session

Liquidia stock drops 8% today as put-option hedging spikes — what’s next for LQDANEW YORK, Jan 2, 2026, 14:24 ET — Regular session

Liquidia Corp shares slid about 8% in afternoon trade on Friday, giving back earlier gains and underperforming the broader biotech group. The stock was down $2.79 at $31.70, after trading between $30.76 and $34.97. Volume topped 1.88 million shares. The move matters because Liquidia has become a high-volatility bet on sales of Yutrepia, its inhaled treprostinil therapy for pulmonary hypertension.…
2 January 2026
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Verizon stock today: VZ slips as fresh SEC filings hit tape; rates and earnings loom

Verizon stock today: VZ slips as fresh SEC filings hit tape; rates and earnings loom

NEW YORK, Jan 2, 2026, 2:26 PM ET — Regular session Verizon Communications Inc shares edged lower on Friday after a cluster of U.S. regulatory filings detailed year-end “phantom stock” transactions by senior executives. The stock was down 0.1% at $40.67 as of 2:26 p.m. ET, after trading between $40.32 and $40.90. The disclosures land as investors reset positions at…
2 January 2026
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Applied Digital stock jumps 15% today as ChronoScale spinoff plan and Jan. 7 earnings come into focus (APLD)

Applied Digital stock jumps 15% today as ChronoScale spinoff plan and Jan. 7 earnings come into focus (APLD)

NEW YORK, Jan 2, 2026, 14:15 ET — Regular session Applied Digital Corp shares jumped 15.4% on Friday, as the data-center operator extended a sharp rally into the first full trading week of 2026. The stock was up $3.77 at $28.29, after trading between $24.65 and $28.36. The move comes days after Applied Digital said it plans to spin out…
2 January 2026
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Wave Life Sciences stock tumbles 8.5% in first 2026 session as traders refocus on next WVE-007 readout

Wave Life Sciences stock tumbles 8.5% in first 2026 session as traders refocus on next WVE-007 readout

NEW YORK, January 2, 2026, 14:13 ET — Regular session Wave Life Sciences Ltd shares slid on Friday, giving back part of last month’s obesity-driven run as the biotech sector wobbled in the first U.S. session of 2026. The stock was down about 8.5% at $15.55 as of 2:13 p.m. ET. The retreat matters because Wave has become a high-volatility…
2 January 2026
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Citigroup stock rises as Wall Street opens 2026; jobs data and Citi earnings are next

Citigroup stock rises as Wall Street opens 2026; jobs data and Citi earnings are next

NEW YORK, Jan 2, 2026, 2:13 PM ET — Regular session Citigroup (C) shares climbed about 1.4% to $118.30 on Friday afternoon, outpacing a choppy broader market on the first trading day of 2026. The move matters because banks often swing with interest-rate expectations, which are being reset early in the new year. Treasury yields inched higher, and investors are…
2 January 2026
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SMCI stock jumps today after Supermicro unveils liquid‑cooled SuperBlade server with Intel Xeon 6900

SMCI stock jumps today after Supermicro unveils liquid‑cooled SuperBlade server with Intel Xeon 6900

NEW YORK, January 2, 2026, 2:07 PM ET — Regular session Shares of Super Micro Computer, Inc. climbed about 5.5% on Friday after the server maker disclosed a new high-density, direct liquid‑cooled system aimed at artificial intelligence and high‑performance computing workloads. Supermicro The news matters because data‑center operators are trying to pack more compute into existing footprints while running into…
2 January 2026
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AbbVie stock edges up today as Linzess partner Ironwood cuts list price, lifts 2026 outlook

AbbVie stock edges up today as Linzess partner Ironwood cuts list price, lifts 2026 outlook

NEW YORK, Jan 2, 2026, 14:08 ET — Regular session AbbVie shares ticked higher on Friday after Ironwood Pharmaceuticals, its partner on constipation drug Linzess, raised its 2026 outlook and said it lowered the medicine’s list price at the start of the year. The update matters because Linzess is co-developed and co-commercialized with AbbVie in the U.S., and changes in…
2 January 2026
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Why IREN stock is up today: bitcoin bounce sparks an ~12% jump

Why IREN stock is up today: bitcoin bounce sparks an ~12% jump

NEW YORK, January 2, 2026, 13:55 ET — Regular session IREN Limited (NASDAQ: IREN) shares rose about 12% on Friday to $42.25, tracking a rebound in bitcoin and a broad rally across U.S.-listed crypto miners. Bitcoin was up about 1.8% near $89,700 after topping $90,000 earlier, while peers Marathon Digital, Riot Platforms and CleanSpark were up roughly 9% to 13%;…
2 January 2026
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Stock Market Today

  • Transcontinental Stock Surges Above 200-Day Moving Average on Upgraded Price Targets
    January 31, 2026, 4:40 AM EST. Transcontinental Inc. (TSE:TCL.A) saw its share price climb above the 200-day moving average, closing at C$23.10 on high volume Friday. The 200-day average stood at C$20.66, signaling positive momentum. Several analysts on December 9 and 12 raised price targets, including National Bankshares to C$28 and RBC to C$29, with ratings ranging from 'buy' to 'outperform'. The stock holds a 'Moderate Buy' consensus with an average target of C$27.33. The company's latest quarterly results showed a 4.05% net margin, EPS of C$0.52, and revenue of C$732.4 million. Transcontinental, a Canadian packaging and printing firm, maintains a market cap of C$1.93 billion and a PE ratio of 11.32, reflecting steady financial health amid favorable analyst outlooks.
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