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Stock Market News 8 January 2026

Lumentum (LITE) stock plunges 11% as AI-optics names slide despite Needham’s $470 target

Lumentum (LITE) stock plunges 11% as AI-optics names slide despite Needham’s $470 target

New York, Jan 8, 2026, 13:58 EST — Regular session Lumentum Holdings Inc (LITE.O) shares slid 10.9% to $350.22 on Thursday, after topping $399.88 earlier in the session and then sinking as low as $343.41. More than 11 million shares had changed hands by early afternoon. The move mattered because it snapped a sharp run that has turned the stock into a high-beta proxy for data-center buildouts. Lumentum jumped 11.3% on Tuesday to close at $397.42, a reminder of how fast money has been moving through the AI-linked optics trade. Investors The selloff was not just about one name. The
8 January 2026
Bitcoin price today steadies near $91,000 as Strategy stock climbs on MSCI index reprieve

Bitcoin price today steadies near $91,000 as Strategy stock climbs on MSCI index reprieve

NEW YORK, Jan 8, 2026, 14:11 EST — Regular session Bitcoin steadied on Thursday after an early dip, while shares of Strategy (MSTR) rose with other crypto-linked stocks as investors digested MSCI’s latest move on index eligibility. Bitcoin was up about 0.4% at $91,152, after touching $89,312 earlier in the session, while Strategy gained about 4.7% and Coinbase added about 0.6%. Marathon Digital rose about 3.8%, while Riot Platforms slipped about 0.5%. The moves matter because stocks like Strategy have become a stand-in for direct bitcoin exposure for investors who would rather trade equities than tokens. When bitcoin swings, these
Silicon Motion (SIMO) stock slides about 10% as chip trade cools — what’s next

Silicon Motion (SIMO) stock slides about 10% as chip trade cools — what’s next

New York, Jan 8, 2026, 14:17 EST — Regular session Silicon Motion Technology Corp shares fell about 10% on Thursday, giving back a chunk of a sharp two-day run in the Nasdaq-listed storage chip name. The stock was down 9.9% at $109.10 in afternoon trading, after touching $123 earlier in the session. The drop came as tech shares slipped more broadly, with traders looking ahead to Friday’s U.S. payrolls report after jobless claims rose modestly. Storage names also weakened; SanDisk fell about 10% while Western Digital and Seagate lost about 9% each. “Investors might be repositioning their holdings, so tech
Abivax stock slides 9% after Sofinnova flags $134m sale plan, with 2026 trial clock ticking

Abivax stock slides 9% after Sofinnova flags $134m sale plan, with 2026 trial clock ticking

PARIS, Jan 8, 2026, 20:02 (CET) — Market closed Shares in French biotech Abivax SA (ABVX.PA) closed down 9.49% at 99.20 euros on Thursday, after swinging between 112.40 euros at the open and a low of 94.20 euros. The stock slipped back under the 100-euro mark, with volume at about 246,000 shares, after a 6% rise the day before. MarketScreener The selling pressure comes as investors look ahead to key readouts for obefazimod, Abivax’s lead drug candidate for ulcerative colitis, a chronic inflammatory bowel disease. Abivax has told investors topline results from its Phase 3 maintenance study are expected in
8 January 2026
Exxon Mobil stock (XOM) rises as filing flags Q4 upstream hit from weaker crude; Jan 30 next

Exxon Mobil stock (XOM) rises as filing flags Q4 upstream hit from weaker crude; Jan 30 next

NEW YORK, Jan 8, 2026, 13:46 EST — Regular session Exxon Mobil shares rose 3.3% to $122.42 by 1:46 p.m. EST on Thursday after the oil major said weaker crude prices could shave $0.8 billion to $1.2 billion off fourth-quarter upstream earnings versus the prior quarter. In the same filing, Exxon said stronger industry margins in its Energy Products segment could add $0.3 billion to $0.7 billion. Exxon Mobil Corporation The update lands just as investors start setting their earnings-season pecking order for the big integrated oil names. Exxon’s “earnings considerations” snapshot is one of the few early guideposts the
SoFi stock rises as Wall Street debates dilution ahead of Jan. 30 earnings

SoFi stock rises as Wall Street debates dilution ahead of Jan. 30 earnings

NEW YORK, Jan 8, 2026, 13:53 EST — Regular session SoFi Technologies (SOFI) shares rose 2.5% to $27.68 in early afternoon trading on Thursday. The stock has ranged from $26.59 to $28.05, with about 35 million shares traded. The move comes as SoFi heads toward its fourth-quarter and full-year 2025 report, a key checkpoint after a recent stock sale. The company said it plans to post results at about 7 a.m. Eastern on Jan. 30 and host a conference call at 8 a.m. SoFi Technologies Bank of America analyst Mihir Bhatia resumed coverage this week with an underperform rating —
Teleflex (TFX) stock dives on CEO exit and revenue forecast cut — what investors watch next

Teleflex (TFX) stock dives on CEO exit and revenue forecast cut — what investors watch next

New York, January 8, 2026, 14:02 EST — Regular session Teleflex Incorporated shares slid 11.7% to $111.76 by mid-afternoon on Thursday after the medical device maker disclosed a CEO exit and trimmed its revenue forecast. The company said it was “the right time to transition leadership” as it pushes through a portfolio shift. Teleflex Investors The drop matters because Teleflex is in the middle of a reset it has sold to investors as a cleanup job: slim down the company and lean harder into critical-care products. In December, Teleflex agreed to sell three businesses for $2.03 billion to sharpen its
8 January 2026
AppLovin stock slides as Wells Fargo hikes target ahead of Feb. 11 earnings

AppLovin stock slides as Wells Fargo hikes target ahead of Feb. 11 earnings

New York, Jan 8, 2026, 13:56 EST — Regular session AppLovin Corp (APP.O) shares slid 3.6% to $610.31 in afternoon trading on Thursday, after opening at $623.71 and swinging between $607.36 and $629.87. The company said on Wednesday it will report fourth-quarter and full-year 2025 results on Feb. 11 after the U.S. stock market closes, with a management webcast scheduled for 5 p.m. ET. AppLovin Wells Fargo analyst Alec Brondolo raised his price target on AppLovin to $735 from $721 and kept an Overweight rating. The firm said it lifted its fourth-quarter revenue view by 3% on “strong mobile game
Why Applied Optoelectronics (AAOI) stock is down today as tech pulls back

Why Applied Optoelectronics (AAOI) stock is down today as tech pulls back

New York, January 8, 2026, 13:44 (ET) — Regular session Applied Optoelectronics (AAOI.O) slid 14.9% to $32.40 in afternoon trading on Thursday after opening at $37.91, with about 6.2 million shares changing hands. The stock hit an intraday low of $31.70. The drop landed as investors trimmed exposure to big tech, leaving the Nasdaq down about 0.5% around midday even as the Dow rose. “Investors might be repositioning their holdings,” Joe Saluzzi, partner and co-founder at Themis Trading, said, adding it was too soon to call it a lasting rotation away from tech. Other optics and data-center networking names were
Silver price stock SLV slides as index rebalance selling kicks in ahead of U.S. jobs report

Silver price stock SLV slides as index rebalance selling kicks in ahead of U.S. jobs report

NEW YORK, Jan 8, 2026, 13:51 (EST) — Regular session Shares of iShares Silver Trust fell 3.5% to $68.50, extending a slide in silver-linked assets as the metal came under fresh selling pressure. Peer ETF abrdn Physical Silver Shares (SIVR) dropped 3.4%, while silver miners First Majestic Silver, Pan American Silver and Wheaton Precious Metals were down between 0.4% and 1.0%. The timing matters. A mechanical shift in commodity benchmarks is landing at the same moment traders are trying to price Friday’s U.S. jobs report, and silver has a habit of moving hard when liquidity thins. Spot silver was down
Barrick gold stock slips mid-session as payrolls loom; HSBC flags $5,000 gold risk

Barrick gold stock slips mid-session as payrolls loom; HSBC flags $5,000 gold risk

New York, Jan 8, 2026, 13:52 (EST) — Regular session Barrick Mining shares edged down 0.3% to $47.14 by 1:52 p.m. ET on Thursday, after trading between $46.00 and $47.20 earlier in the session. StockAnalysis Gold was steadier, with spot prices up 0.2% at $4,460.36 an ounce by late morning after touching $4,406.89, as traders set up for Friday’s U.S. nonfarm payrolls report — the monthly jobs count watched closely by the Federal Reserve. A Bloomberg Commodity Index rebalance that starts this week has also added short-term pressure, and “there’s just going to be pressure for the next few sessions
8 January 2026
Dow Jones ETF DIA rises as tech slips and Trump defense headlines jar Wall Street before payrolls

Dow Jones ETF DIA rises as tech slips and Trump defense headlines jar Wall Street before payrolls

New York, January 8, 2026, 13:49 EST — Regular session The SPDR Dow Jones Industrial Average ETF Trust (DIA) rose 0.6% to $492.73 in afternoon trade on Thursday, tracking a gain in the Dow as investors bought steady “old economy” names and trimmed big tech. The Dow was up 304 points, or 0.6%, around midday, while the Nasdaq slipped as heavyweight tech stocks fell. “It’s too soon to call it a broadening of the rally beyond tech stocks,” said Joe Saluzzi, partner and co-founder at Themis Trading. Reuters The shift matters because the Dow is still hovering not far from
8 January 2026

Stock Market Today

Lucid stock jumps 14% as Dow tops 50,000 — what LCID investors watch next week

Lucid stock jumps 14% as Dow tops 50,000 — what LCID investors watch next week

7 February 2026
Lucid Group shares jumped 14% to $10.86 at Friday’s close, recovering from an 8% drop the previous day. The move followed a broad Wall Street rally that lifted high-volatility stocks. Lucid reported fourth-quarter deliveries of 5,345 vehicles and full-year deliveries of 15,841. Investors await Lucid’s Feb. 24 results for updates on cash and demand.
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