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Stock Market 2 January 2026

Broadcom stock rebounds as 2026 opens, with Benchmark bulls clashing with Trefis bear case

Broadcom stock rebounds as 2026 opens, with Benchmark bulls clashing with Trefis bear case

Broadcom shares climbed about 3% Friday as U.S. tech stocks rebounded to start 2026. Benchmark raised its price target to $485, citing AI chip momentum, while Trefis flagged risks from VMware churn, customer concentration, and AI-driven margin pressure. Broadcom reported a $73 billion AI backlog and expects AI chip revenue to double, but warned gross margin will fall about one percentage point.
2 January 2026
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Coinbase stock rises 3% as CEO Brian Armstrong lays out 2026 ‘everything exchange’ priorities

Coinbase stock rises 3% as CEO Brian Armstrong lays out 2026 ‘everything exchange’ priorities

Coinbase shares rose 3.3% to $233.59 Friday morning as bitcoin climbed 1.7% to $89,400. CEO Brian Armstrong outlined 2026 priorities focused on expanding into more asset classes and payments. Traders are watching next week’s U.S. jobs and inflation data for signals on risk appetite. Riot Platforms and Marathon Digital also gained in early trading.
2 January 2026
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JPMorgan stock today: JPM steadies as jobs report and Jan. 13 earnings come into focus

JPMorgan stock today: JPM steadies as jobs report and Jan. 13 earnings come into focus

JPMorgan Chase shares edged up 0.1% to $322.40 in early Friday trading, moving between $320.83 and $323.99 as investors awaited key economic data and the start of bank earnings season. The U.S. jobs report is due Jan. 9, with JPMorgan set to report fourth-quarter results Jan. 13. Broader markets rose on a rebound in tech shares. Bank of America and Citigroup traded higher, while Wells Fargo was little changed.
2 January 2026
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Robinhood stock slides as HOOD sets Feb. 10 earnings date — what investors watch next

Robinhood stock slides as HOOD sets Feb. 10 earnings date — what investors watch next

Robinhood shares fell about 1.5% to $111.45 in mid-morning trading Friday after the company set Feb. 10 for its fourth-quarter and full-year 2025 earnings release. The stock had opened at $115.42 and was up in premarket trading. Bitcoin rose 1.9% to around $89,606, while Coinbase shares also gained. CEO Vlad Tenev and incoming CFO Shiv Verma will lead the Feb. 10 earnings call.
2 January 2026
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AppLovin stock slides into 2026 as investors test its sky-high margins

AppLovin stock slides into 2026 as investors test its sky-high margins

AppLovin shares dropped about 6% Friday morning, extending a late-2025 slide as investors questioned the stock’s high valuation. The company posted third-quarter revenue of $1.41 billion, up 68% year over year, and an 82% adjusted EBITDA margin. Wall Street is focused on whether profit growth can keep pace as revenue growth slows. AppLovin closed 2025 at $673.82, down 2.87% on Dec. 31.
2 January 2026
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Nike stock slips today after CEO’s $1 million buy pop — what Wall Street watches next

Nike stock slips today after CEO’s $1 million buy pop — what Wall Street watches next

Nike shares fell 1.1% to $63.03 in late morning trading Friday, reversing part of a year-end rally sparked by CEO Elliott Hill’s $1 million share purchase disclosed in an SEC filing. Hill bought 16,388 shares at $61.10 each on Dec. 29, raising his direct holdings to 241,587 shares. Investors remain focused on Nike’s turnaround and upcoming earnings report in March.
2 January 2026
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Stock Market Today

  • Kalshi and Polymarket CEOs Back $35 Million Prediction Market VC Fund by Early Kalshi Employees
    March 23, 2026, 5:15 PM EDT. Early employees of prediction market firm Kalshi are raising up to $35 million for a new venture capital fund called 5c(c) Capital, aimed at investing in prediction market startups. Notably, CEOs of both Kalshi and Polymarket-two leading prediction market platforms competing in a heated sector-are investors in the fund. Founded by Adhi Rajaprabhakaran and Noah Zingler-Sternig, the fund also counts marquee backers such as Marc Andreessen, Micky Malka, and Kyle Samani. Their efforts come amid surging interest in prediction markets, which allow users to bet on a wide range of topics from cryptocurrency prices to sports outcomes. However, the sector faces legal challenges, with Kalshi confronting multiple federal lawsuits and regulatory scrutiny over whether prediction markets constitute sports gambling. The fund aims to build infrastructure crucial to this evolving market.
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