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Stock Market 8 January 2026

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 shares closed down 1.1% on Thursday at $478.11 on about 18 million shares. PayPal said it is teaming up with Microsoft to support Copilot Checkout inside the company’s Copilot artificial-intelligence assistant, starting on Copilot.com, and aiming to “enable seamless, reliable transactions,” PayPal executive Michelle Gill said.
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

Stock Market Today

  • CG Power Results Match Views, 2027 Outlook Unchanged as Shares Drop
    July 3, 2026, 10:38 PM EDT. CG Power and Industrial Solutions Limited's full-year revenue came in at ₹124 billion, with earnings per share of ₹7.71, matching analyst estimates. The stock slipped 5.3% after the numbers landed. Analysts at 19 brokerages are holding their 2027 revenue call at ₹156.6 billion, or 26% higher, and EPS at ₹10.30, up 35%. The consensus target price stays at ₹892, with targets spread from ₹502 to ₹1,100, showing a wide range of calls on where the shares go next. CG Power is projected to grow revenue at 26% annually through 2027, ahead of sector growth of 18%, after running at 22% historically. The results were steady, with no changes to analyst sentiment or forecasts.
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