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Stock Market News 7 January 2026

P&G stock slips in late trade as staples lag and jobs report looms

P&G stock slips in late trade as staples lag and jobs report looms

NEW YORK, Jan 7, 2026, 15:25 ET — Regular session Procter & Gamble shares fell about 1.1% on Wednesday afternoon, down $1.51 at $138.40, underperforming a mixed U.S. tape. The pullback matters now because staples have started the year on the back foot as investors lean into higher-growth corners of the market. The Consumer Staples Select Sector SPDR fund was down about 0.8%, while the Nasdaq-tracking QQQ was modestly higher and the Dow ETF lagged. Traders have also been squaring up for Friday’s U.S. monthly employment report, a key release that can shift expectations for Federal Reserve rate cuts. “We
7 January 2026
D-Wave Quantum stock dips after $550m Quantum Circuits deal — what QBTS investors watch next

D-Wave Quantum stock dips after $550m Quantum Circuits deal — what QBTS investors watch next

NEW YORK, Jan 7, 2026, 15:17 EST — Regular session Shares of D-Wave Quantum (QBTS) were down about 1.1% at $30.93 on Wednesday afternoon, after the company agreed to acquire Quantum Circuits in a $550 million cash-and-stock deal. The stock swung between $32.15 and $30.44 earlier in the session, with roughly 29 million shares traded. The acquisition puts D-Wave, best known for quantum annealing systems used for optimization problems, closer to gate-model machines that run sequences of operations — the “gates” — and are viewed as more general-purpose. D-Wave said the $550 million price includes $300 million in stock and
Salesforce stock rises as tech steadies after soft jobs data; CRM investors eye Friday payrolls

Salesforce stock rises as tech steadies after soft jobs data; CRM investors eye Friday payrolls

New York, January 7, 2026, 15:08 ET — Regular session Salesforce (CRM.N) shares rose 1.6% to $267.13 in afternoon trading on Wednesday, recovering some ground after early volatility, with about 3.7 million shares changing hands. The uptick came as technology shares extended gains from the prior session, helping keep the S&P 500 and Nasdaq in positive territory even as investors tested how much more they want to pay for growth. “The economic news sort of fueled a little bit of profit taking,” Robert Pavlik, a senior portfolio manager at Dakota Wealth, said. Reuters Data released on Wednesday showed U.S. private
7 January 2026
Why CoreWeave stock is moving today: Nvidia Rubin plan meets fresh Wall Street calls

Why CoreWeave stock is moving today: Nvidia Rubin plan meets fresh Wall Street calls

NEW YORK, Jan 7, 2026, 15:21 EST — Regular session CoreWeave shares rose about 1.1% to $78.81 in afternoon trading on Wednesday, after moving between $75.77 and $79.92. Nvidia shares were up about 1.1%. The AI cloud provider said on Monday it will add Nvidia’s Rubin platform to its infrastructure and expects to be among the first cloud providers to deploy it in the second half of 2026. Chief executive Michael Intrator called Rubin “an important advancement” as customers push into agentic systems — software that can plan tasks and act on them. CoreWeave Investors Nvidia unveiled Rubin at CES
7 January 2026
Applied Materials stock pulls back from 52-week high as chip-tool trade cools

Applied Materials stock pulls back from 52-week high as chip-tool trade cools

New York, January 7, 2026, 15:04 EST — Regular session Applied Materials shares fell about 1.1% to $292.66 in afternoon trade on Wednesday, easing alongside other chip-equipment names. Lam Research and KLA were also lower, while Nvidia rose, and Applied traded between $286.90 and $295.05. The move matters because chip-tool makers have turned into a clean read on how long the industry’s spending cycle can run. Investors have piled in on the view that demand tied to artificial intelligence keeps chip plants busy and pushes customers to add capacity. Applied sells the machinery that helps make chips — deposition and
Why Vistra stock is sliding after the $4.7 billion Cogentrix deal

Why Vistra stock is sliding after the $4.7 billion Cogentrix deal

New York, January 7, 2026, 14:57 EST — Regular session Vistra Corp (NYSE:VST) shares fell about 8% to $155.93 on Wednesday afternoon. The stock was down $13.60 from its previous close. Moody’s affirmed Vistra’s Ba1 corporate family rating but revised its outlook to stable from positive after the company agreed to buy a 5.5-gigawatt gas portfolio from Cogentrix. The agency cited Vistra’s “acquisitive appetite and financial policy,” saying the transaction delays the company’s expected deleveraging. Investing.com Vistra announced on Monday it would buy Cogentrix Energy from Quantum Capital Group for about $4.7 billion, adding 10 natural gas plants across PJM,
Nike stock slides after RTFKT NFT unit sale report as RBC trims price target

Nike stock slides after RTFKT NFT unit sale report as RBC trims price target

New York, January 7, 2026, 14:56 EST — Regular session Nike shares fell 2.5% on Wednesday, down $1.65 at $63.70 in afternoon trading after earlier touching $65.58. The drop lands as investors keep testing how quickly CEO Elliott Hill can steady demand and margins. This week’s headlines – a reported sale of a digital unit and another trim to Street targets – pushed that debate back to the top of the tape. Nike has sold its digital products subsidiary RTFKT, about a year after shutting the business, Bloomberg reported, citing a Nike spokesperson. “RTFKT transitioned to a new owner on
7 January 2026
Bitmine (BMNR) stock slides as $14.2B crypto stash update meets dilution vote deadline

Bitmine (BMNR) stock slides as $14.2B crypto stash update meets dilution vote deadline

New York, Jan 7, 2026, 14:51 (EST) — Regular session Shares of Bitmine Immersion Technologies, Inc. fell 4.3% to $30.94 in mid-afternoon trading on Wednesday, tracking softer crypto prices after the company highlighted a $14.2 billion crypto-and-cash pile and urged shareholders to vote ahead of next week’s annual meeting. Ether slipped about 2.5% and bitcoin fell about 1.1%. Why it matters now: Bitmine has become one of a handful of listed “crypto treasury” names that investors use as a liquid proxy for major tokens, especially ether. When the token moves, the stock can react fast — and when the company
Visa stock slips as DOJ antitrust fight stays in focus; 3 dates investors are circling

Visa stock slips as DOJ antitrust fight stays in focus; 3 dates investors are circling

New York, January 7, 2026, 14:46 EST — Regular session Visa Inc shares slipped 0.3% to $356.59 in afternoon trading on Wednesday, as investors weighed fresh developments in U.S. litigation over the payments network’s debit practices and card fees. The move came with Wall Street mixed after a strong start to the year, as investors digested labor data ahead of Friday’s U.S. nonfarm payrolls report. The Dow was down about 0.3%, while the S&P 500 was flat and the Nasdaq edged higher. Reuters Data on Wednesday also pointed to a firmer end to 2025 for the services-heavy U.S. economy, a
7 January 2026
Goldman Sachs stock slips as bank rally cools, with earnings next week in focus

Goldman Sachs stock slips as bank rally cools, with earnings next week in focus

New York, January 7, 2026, 13:52 (EST) — Regular session Shares of The Goldman Sachs Group Inc (GS.N) fell 1.3% to $942.97 in midday New York trading on Wednesday. The stock opened at $956.88 and swung between $942.00 and $959.68, with about 1.2 million shares traded. Bank stocks slid after a three-session rally as investors digested weaker-than-expected U.S. job openings and a softer ADP private payrolls report. Bank of America was down about 2% and JPMorgan slipped after Wolfe Research cut it to “peer perform”; “The economic news sort of fueled a little bit of profit taking,” said Dakota Wealth’s
Oklo stock jumps again on DOE radioisotope deal as investor focus shifts to permits

Oklo stock jumps again on DOE radioisotope deal as investor focus shifts to permits

NEW YORK, Jan 7, 2026, 13:54 EST — Regular session Oklo Inc. shares were up about 2.6% at $98.04 in afternoon trade, after swinging between $92.31 and $100.44 earlier in the session. The move followed a company announcement that it signed a DOE “Other Transaction Agreement” — a type of federal contracting vehicle — to support the design, construction and operation of a radioisotope pilot plant under the agency’s Reactor Pilot Program. Oklo also said its subsidiary Atomic Alchemy withdrew a previously submitted NRC construction permit application for the Meitner-1 commercial radioisotope facility at Idaho National Laboratory to focus on
7 January 2026
Qualcomm stock slips after report flags Samsung 2nm chip talks; earnings next

Qualcomm stock slips after report flags Samsung 2nm chip talks; earnings next

New York, January 7, 2026, 14:36 EST — Regular session QUALCOMM Incorporated shares fell 2.6% to $177.79 on Wednesday afternoon after Chief Executive Cristiano Amon was quoted by the Korea Economic Daily as saying the chip designer is talking first with Samsung Electronics about contract manufacturing of two‑nanometre (2nm) chips. Qualcomm was not immediately available for comment and Samsung said it does not comment on specific customers, the report said. Reuters The timing matters because 2nm is the next rung on the chipmaking ladder. Smaller process nodes can pack more transistors into the same space, which usually helps speed 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.
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