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Stock Market News 8 January 2026

Dow Jones ends higher on defense rebound as tech drags; Friday jobs report looms

Dow Jones ends higher on defense rebound as tech drags; Friday jobs report looms

New York, Jan 8, 2026, 17:06 EST — After-hours The Dow Jones Industrial Average ended higher on Thursday, lifted by a rebound in defense stocks after President Donald Trump called for a sharply larger U.S. military budget. The Dow rose 270.03 points, or 0.55%, to 49,266.11; the S&P 500 edged up 0.01% and the Nasdaq fell 0.44%. Reuters The market is trying to price two messages at once: a bigger spending push that could fatten defense backlogs, and a tougher line on contractors’ shareholder payouts. Trump said the 2027 military budget should be $1.5 trillion, versus $901 billion approved by
Costco stock rises after December sales jump — what investors watch next for COST

Costco stock rises after December sales jump — what investors watch next for COST

New York, Jan 8, 2026, 16:46 EST — After-hours Costco Wholesale Corp (COST.O) shares rose in after-hours trade on Thursday after the warehouse retailer reported higher December sales. The stock was last up 3.7% at $915.31. Costco’s monthly sales release is one of the fastest reads investors get on its holiday season, dropping in right as markets sift through which retailers are still grabbing share. For Costco, the bar is touchy; even a slight shift in comps can rattle a stock that rarely looks “cheap.” That matters, too, in part because the report is new. It covers a five-week December
8 January 2026
GOOG stock rises after hours as Alphabet sets Feb. 4 earnings date; Wiz deal deadline in focus

GOOG stock rises after hours as Alphabet sets Feb. 4 earnings date; Wiz deal deadline in focus

NEW YORK, Jan 8, 2026, 16:34 EST — After-hours Alphabet’s non-voting Class C shares (GOOG) rose 1.1% in after-hours trade on Thursday to $326.01, following a choppy session that had the stock swinging between $322.23 and $329.88. The move comes as investors hunt for the next obvious catalyst for a stock caught between two big questions: how fast Google can keep its ad machine growing, and how much it will need to spend to stay in the AI race. The next few weeks may get choppy, with regulators and earnings both on the calendar. Spending is the other side of
AMD stock slips after-hours as CES AI chip pitch meets “show me” market mood

AMD stock slips after-hours as CES AI chip pitch meets “show me” market mood

NEW YORK, Jan 8, 2026, 16:41 EST — After-hours Advanced Micro Devices (AMD.O) shares were down 2.5% at $204.68 in after-hours trading on Thursday, after swinging between $203.35 and $211.51 in the session. The late dip matters because AMD is heading into its next earnings report with investors still trying to price how quickly its new AI (artificial intelligence) hardware turns into shipped systems and recurring orders. The stock’s slide also puts a round-number $200 level back on screens for short-term traders. Wall Street’s tone did not help. U.S. stocks ended mixed, with technology shares sliding as investors picked through
Meta stock dips as China opens Manus AI deal review — what investors watch next

Meta stock dips as China opens Manus AI deal review — what investors watch next

NEW YORK, Jan 8, 2026, 4:32 PM (EST) — After-hours Meta Platforms shares were down 0.4% at $646.06 in after-hours trade on Thursday after China’s commerce ministry said it would assess and investigate Meta’s acquisition of artificial intelligence startup Manus. The stock swung between $635.79 and $647.03 during the session. Reuters The move lands as investors get pickier about the big checks going into AI, and whether they pay back soon enough to justify rich valuations. “It’s become a ‘show me’ sector,” said Art Hogan, chief market strategist at B. Riley Wealth, pointing to scrutiny over how companies monetize AI
Microsoft stock slides on Copilot Checkout launch with PayPal as Wells Fargo trims target

Microsoft stock slides on Copilot Checkout launch with PayPal as Wells Fargo trims target

NEW YORK, Jan 8, 2026, 16:39 EST — After-hours Microsoft (MSFT.O) shares closed down 1.1% on Thursday at $478.11 on about 18 million shares. PayPal (PYPL.O) said it is teaming up with Microsoft to support Copilot Checkout inside the company’s Copilot artificial-intelligence (AI) assistant, starting on Copilot.com, and aiming to “enable seamless, reliable transactions,” PayPal executive Michelle Gill said. The announcement landed as investors turned more selective on AI-linked stocks whose valuations have been lifted by a long run of gains, while defense names rallied. “Show me how you monetize this,” said Art Hogan, chief market strategist at B. Riley
Broadcom stock drops in late trade as AI nerves bite; $4.5 billion bond sale, Wi‑Fi 8 CES push in view

Broadcom stock drops in late trade as AI nerves bite; $4.5 billion bond sale, Wi‑Fi 8 CES push in view

New York, Jan 8, 2026, 16:37 EST — After-hours Broadcom Inc shares fell 3.2% to $332.48 in after-hours trading on Thursday, after sliding to an intraday low of $330.52. The stock opened at $343.25 and briefly touched $343.50 before sellers pushed it lower. The move matters because Broadcom has become a popular proxy for AI data-center spending and the plumbing around it — custom chips, networking and the software stack that runs on top. When traders cut exposure to that theme, Broadcom often lands in the first wave. Wall Street ended mixed as technology names dipped, with the Nasdaq closing
Sandisk (SNDK) stock drops after CES-fueled surge cools, with earnings next

Sandisk (SNDK) stock drops after CES-fueled surge cools, with earnings next

New York, January 8, 2026, 16:11 EST — After-hours Sandisk Corp shares fell 5.4% in Thursday’s regular session to $334.54 and ticked up 0.3% after hours, after a volatile day that saw the stock swing between $310.78 and $360.98. The pullback hit a trade that has turned Sandisk into a proxy for AI-linked memory and storage demand, with investors betting data centers will need more flash chips and solid-state drives (SSDs), the flash-based storage used in PCs and servers. Western Digital slid about 6%, Seagate fell nearly 8% and Micron lost about 4%, while Nvidia eased about 2%. It also
Palantir stock slides late Thursday as Truist’s fresh Buy call meets insider-sale filings

Palantir stock slides late Thursday as Truist’s fresh Buy call meets insider-sale filings

New York, January 8, 2026, 16:10 EST — After-hours Shares of Palantir Technologies Inc. fell about 2.5% to $177.22 late in Thursday’s session after touching $186.89 earlier in the day. The stock bottomed at $174.42 and was on pace for its biggest one-day drop so far this week. The slide comes as investors reassess how much they are willing to pay for fast-growing software names that have become shorthand for “AI trade” in the market. Palantir has been one of them, and it does not take much to move it. A fresh bullish initiation from Truist and a batch of
8 January 2026
Micron stock slides as AI-chip rally cools, even after Piper Sandler’s fresh $400 target

Micron stock slides as AI-chip rally cools, even after Piper Sandler’s fresh $400 target

NEW YORK, Jan 8, 2026, 16:08 EST — After-hours Micron Technology (MU.O) shares ended Thursday down 3.8%, easing back after a strong early-year run that took the memory chipmaker to a record high earlier this week. The move matters now because Micron has turned into a handy proxy for what investors will pay for a memory upcycle linked to artificial-intelligence spending, where tighter supply can quickly flow through to higher contract prices. Wall Street has been buying into that story, rolling out fresh target hikes and talking up pricing power. Thursday’s drop was a reminder the trade can still take
Tesla stock rises as Murdoch share-sale filing lands; robotaxi rules and Jan. 28 earnings loom

Tesla stock rises as Murdoch share-sale filing lands; robotaxi rules and Jan. 28 earnings loom

NEW YORK, Jan 8, 2026, 16:07 ET — After-hours Tesla shares rose about 1.1% to $435.95 in Thursday’s regular session, after trading as low as $424.66 and as high as $436.82. The move came as Wall Street turned choppy for big tech and other AI-linked names, with investors asking more pointed questions about what all that spending buys. The Nasdaq fell 0.65% on the day, and “while AI is still hot, there are going to be winners and losers,” said Art Hogan, chief market strategist at B. Riley Wealth. Reuters At the CES trade show in Las Vegas, chip supplier
Amazon stock (AMZN) rises on EU digital rule reprieve — here’s what traders watch next

Amazon stock (AMZN) rises on EU digital rule reprieve — here’s what traders watch next

NEW YORK, Jan 8, 2026, 16:13 EST — After-hours Amazon.com Inc shares were up about 2% at $246.30 in late trading on Thursday after people with direct knowledge said the European Union will spare Big Tech from binding obligations in its planned Digital Networks Act overhaul. Alphabet’s Google, Meta Platforms, Netflix and Microsoft are also set to fall under a voluntary framework, the people said. EU tech chief Henna Virkkunen is due to present the revamp on Jan. 20 and the European Commission declined to comment. Reuters The decision matters because telecom operators have spent years pushing Brussels to make

Stock Market Today

Stellantis stock slides 24% after €22 billion EV reset kills 2026 dividend — what to watch next

Stellantis stock slides 24% after €22 billion EV reset kills 2026 dividend — what to watch next

7 February 2026
Stellantis shares plunged 23.7% to $7.28 Friday after the company disclosed about €22.2 billion in charges tied to a reset of its electric-vehicle strategy and said it will skip its 2026 dividend. The automaker flagged a preliminary net loss of €19–21 billion for the second half of 2025. Shares rose 1.6% in late after-hours trading. Investors await Feb. 26 results and a May 21 Investor Day.
Intel stock jumps on China server CPU delays as traders map the week ahead

Intel stock jumps on China server CPU delays as traders map the week ahead

7 February 2026
Intel shares rose 4.87% to $50.59 Friday, trailing gains by Nvidia and Broadcom as chip stocks rallied. Sources said Intel and AMD warned Chinese customers of longer waits and higher prices for some server CPUs, with Intel lead times reaching six months. Intel said China accounts for over 20% of its revenue. Investors await key U.S. jobs and inflation data next week.
IRS tax refund delays? Watchdog flags staffing crunch as 2026 filing season ramps up

IRS tax refund delays? Watchdog flags staffing crunch as 2026 filing season ramps up

7 February 2026
IRS staffing has dropped to 2021 levels as the 2026 tax filing season begins, according to a Treasury watchdog. The agency faces a backlog of about 2 million returns, 129% above pre-pandemic levels. Most e-filers using direct deposit still get refunds within 21 days, but paper filings and amended returns could see delays. The IRS lowered its call-answer target to 70% for this season.
Plug Power stock jumps 12% after vote setback, with Feb 17 share decision in focus

Plug Power stock jumps 12% after vote setback, with Feb 17 share decision in focus

7 February 2026
Plug Power shares rose 11.6% Friday to $2.08 after a sharp drop the previous day, as attention shifted to a Feb. 17 shareholder vote on expanding authorized shares. The company failed to secure enough votes earlier this week and is urging overseas holders to participate. CEO Andy Marsh cited difficulties for European investors in casting ballots. A reverse stock split remains possible if the proposal fails.
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