Browse Category

Stock Market News 8 January 2026

Apple stock slips as India antitrust fine risk resurfaces and JPMorgan takes over Apple Card

Apple stock slips as India antitrust fine risk resurfaces and JPMorgan takes over Apple Card

New York, January 8, 2026, 16:07 ET — After-hours Apple (AAPL.O) shares fell 0.7% to $258.58 in late trading on Thursday, valuing the iPhone maker at about $3.0 trillion. The stock, trading at roughly 30 times trailing earnings, swung between $255.83 and $260.25. The move comes as investors trim exposure to large technology stocks early in the year, when fresh U.S. data can shift interest-rate bets fast. Higher bond yields can hit growth stocks because they make future profits worth less in today’s money. For Apple, the timing matters because the company is leaning harder on services like payments and
Applied Materials stock slides nearly 4% as tech cools, even after Cantor lifts AMAT target

Applied Materials stock slides nearly 4% as tech cools, even after Cantor lifts AMAT target

New York, Jan 8, 2026, 15:37 EST — Regular session Applied Materials shares were down 3.9% at $280.91 in afternoon trading on Thursday, after earlier dipping to $279.43. Cantor Fitzgerald raised its price target on the chip-equipment maker to $425 from $350 and kept an “overweight” rating, meaning it expects the shares to outperform. MarketBeat The slide comes as investors turn more selective on tech and other AI-linked names after big gains. “While AI is still hot, there are going to be winners and losers,” said Art Hogan, chief market strategist at B. Riley Wealth. The Nasdaq was down 0.65%
Why Coca-Cola stock is up today: KO climbs as Wall Street turns defensive

Why Coca-Cola stock is up today: KO climbs as Wall Street turns defensive

New York, Jan 8, 2026, 15:37 EST — Regular session Shares of The Coca-Cola Company rose about 2.5% to $69.23 in afternoon trading on Thursday, outpacing a near-flat U.S. market. The move matters now because investors are rotating into defensive pockets as they reassess stretched valuations in parts of big tech. “It’s become a ‘show me’ sector,” Art Hogan, chief market strategist at B. Riley Wealth, said, as traders waited for Friday’s U.S. nonfarm payrolls report. Reuters The Consumer Staples Select Sector SPDR Fund (XLP) climbed about 2.4%. PepsiCo gained 1.6% and Keurig Dr Pepper rose 1.7%. Coca-Cola often trades
8 January 2026
Celestica stock slides nearly 6% as AI-linked hardware names retreat ahead of U.S. jobs report

Celestica stock slides nearly 6% as AI-linked hardware names retreat ahead of U.S. jobs report

NEW YORK, Jan 8, 2026, 15:42 EST — Regular session Celestica Inc shares fell 5.8% to $288.20 in afternoon trading on Thursday, after opening at $311.53 and sliding as low as $281.34. About 2.4 million shares had changed hands. The drop matters because Celestica has turned into a high-beta read-through on spending for cloud and data-center gear, and investors have started to flinch at rich valuations across the AI supply chain. “It’s become a ‘show me’ sector,” said Art Hogan, chief market strategist at B. Riley Wealth. Reuters Across Wall Street, Treasury yields rose ahead of Friday’s U.S. nonfarm payrolls
8 January 2026
Cloudflare stock (NET) drops 7% as tech turns wary; insider sales filed, payrolls next

Cloudflare stock (NET) drops 7% as tech turns wary; insider sales filed, payrolls next

New York, January 8, 2026, 15:42 EST — Regular session Cloudflare Inc shares fell about 7% on Thursday, pulling the cybersecurity and content delivery firm lower after a strong close the day before. The stock was down 7.1% at $188.32, after opening at $201.71 and touching $185.82. The selling came as investors stepped back from big tech and other AI-linked trades, putting pressure on the broader technology sector. “It’s become a ‘show me’ sector. Show me how you monetize this,” said Art Hogan, chief market strategist at B. Riley Wealth, pointing to worries about returns on capex, or capital spending.
8 January 2026
Fabrinet stock slides after T. Rowe Price filing as tech shares dip

Fabrinet stock slides after T. Rowe Price filing as tech shares dip

New York, Jan 8, 2026, 15:42 EST — Regular session Fabrinet shares fell 6.5% to $439.75 in afternoon trade on Thursday, down $30.75 from the prior close, after touching a session low of $431.20. The drop tracked declines across electronics contract manufacturers and AI-linked hardware, with Celestica down 6.3%, Sanmina off 3.7% and Nvidia lower by about 2%. Separately, T. Rowe Price Associates disclosed in a Schedule 13G filing that it held 4.04 million Fabrinet shares, or 11.3% of the company, as of Dec. 31. Schedule 13G is a short-form report used by investors who cross the 5% ownership threshold
8 January 2026
Accenture stock jumps 4% on fresh AI moves: Profitmind deal, Faculty buy plan

Accenture stock jumps 4% on fresh AI moves: Profitmind deal, Faculty buy plan

New York, Jan 8, 2026, 15:31 (EST) — Regular session Accenture plc shares rose about 4.1% to $285.18 in afternoon trading on Thursday, after opening at $272.25 and sliding to $270.53. The stock later touched $286.53, putting it ahead of other IT-services names. Cognizant gained 2.1%, IBM climbed 2.0% and DXC added 0.9%. Accenture said it has invested, through Accenture Ventures, in Profitmind and will partner with the retail technology company to take its agentic AI platform to clients. Agentic AI uses software “agents” that can interpret data and trigger tasks — aimed here at pricing, inventory and merchandising decisions
Vertiv (VRT) stock drops 7% as tech traders turn picky on AI data-center plays

Vertiv (VRT) stock drops 7% as tech traders turn picky on AI data-center plays

New York, January 8, 2026, 15:23 ET — Regular session Shares of Vertiv Holdings fell about 7% on Thursday, trading near $159.55 and sliding as low as $158.78 after opening around $171.26. The drop lands in a market that has started to punish expensive AI-adjacent names on bad days and ask harder questions on good ones. “While AI is still hot, there are going to be winners and losers,” Art Hogan, chief market strategist at B. Riley Wealth, said, as U.S. tech stocks lagged. Reuters That scrutiny sharpens on Friday, when the Labor Department is due to publish its December
AeroVironment (AVAV) stock jumps as Trump’s $1.5T defense budget call and drone-rule carve-outs hit markets

AeroVironment (AVAV) stock jumps as Trump’s $1.5T defense budget call and drone-rule carve-outs hit markets

NEW YORK, January 8, 2026, 15:17 EST — Regular session Shares of AeroVironment Inc (AVAV.O) rose 7.8% to $343.30 at 3:05 p.m. ET on Thursday, extending a sharp run in small defense names. The stock was up as much as 16.6% earlier after touching $371.20. The move came as defense stocks climbed after President Donald Trump called for a big increase in U.S. military spending, a shift that traders treated as supportive for order books even as Washington tightens the screws on shareholder payouts. RBC Capital Markets analysts led by Ken Herbert said the prospect of a larger budget could
Viavi Solutions (VIAV) stock slides 8% as it unveils Verizon-linked AR tool — what’s next

Viavi Solutions (VIAV) stock slides 8% as it unveils Verizon-linked AR tool — what’s next

NEW YORK, Jan 8, 2026, 15:08 EST — Regular session Viavi Solutions Inc shares fell about 8% to $17.03 in afternoon trading on Thursday, after touching a session low of $16.98. About 3.0 million shares had changed hands by 3:08 p.m. EST. The drop came amid a broader pullback in U.S. technology stocks that pushed the S&P 500 and Nasdaq lower, with investors weighing fresh labor-market data and looking ahead to Friday’s U.S. nonfarm payrolls report. Reuters Earlier on Thursday, the company said it had integrated RF Viewer — an augmented reality tool that overlays data on a live video
D-Wave Quantum stock drops after $550M Quantum Circuits deal; QBTS eyes Jan. 27 Qubits event

D-Wave Quantum stock drops after $550M Quantum Circuits deal; QBTS eyes Jan. 27 Qubits event

New York, Jan 8, 2026, 15:12 (EST) — Regular session D-Wave Quantum Inc shares were down 3.8% at $29.05 on Thursday, a day after the company unveiled a $550 million agreement to buy Quantum Circuits, a private developer of gate-model quantum hardware. The move matters because D-Wave is trying to prove it can turn quantum computing from demos into sales, and the acquisition is a costly way to speed that pitch. Gate-model systems are designed to run broader classes of quantum algorithms, while D-Wave’s annealing machines are built mainly to tackle optimization problems. SEC Investors are also fixated on the
Uber stock ticks higher as CES robotaxi rollout sharpens focus on Waymo and Tesla

Uber stock ticks higher as CES robotaxi rollout sharpens focus on Waymo and Tesla

New York, Jan 8, 2026, 14:58 EST — Regular session Uber Technologies, Inc (UBER.N) shares rose 1.9% to $87.85 in afternoon trading on Thursday, while partner Lucid Group (LCID.O) climbed about 4%. The move comes as investors re-price the long-running question around Uber’s future: will robotaxis become a cheaper supply of rides or a rival product that cuts into Uber’s slice of each fare. “Potential competition from autonomous vehicles has long been considered a key risk to Uber’s terminal value,” Jefferies analyst John Colantuoni wrote, pointing to renewed attention on Tesla and Alphabet’s Waymo. Investors Uber and partners Lucid and

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.
Go toTop