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Stock Market 7 January 2026

AppLovin stock rises after Piper Sandler sticks with $800 target as earnings loom

AppLovin stock rises after Piper Sandler sticks with $800 target as earnings loom

New York, January 7, 2026, 13:29 — Regular session AppLovin shares rose 3.5% to $638.63 in afternoon trade on Wednesday after Piper Sandler analyst James Callahan reiterated an Overweight rating — meaning he expects the stock to outperform — and kept an $800 price target. Piper pointed to encouraging U.S. e-commerce advertising signals and stronger Black Friday and Cyber Monday checks, according to an Investing.com report. Investing.com
7 January 2026
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Oracle stock slips as Jefferies sticks with $400 target; jobs report and dividend date loom

Oracle stock slips as Jefferies sticks with $400 target; jobs report and dividend date loom

New York, January 7, 2026, 13:23 — Regular session Oracle Corp shares slipped on Wednesday as investors digested a Jefferies note earlier this week that reiterated a Buy rating and kept a $400 price target. The stock was down about 0.2% at $193.40 in afternoon trade, after moving between $192.20 and $195.49. About 6 million shares had changed hands. Investing.com
7 January 2026
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Vedanta hits fresh 52-week high near Rs 630 on demerger trade; broker targets stretch to Rs 686

Vedanta hits fresh 52-week high near Rs 630 on demerger trade; broker targets stretch to Rs 686

Vedanta Ltd shares touched a 52-week high of 629.90 rupees on Wednesday before giving back most of the move, ending almost flat at 622 rupees. Business Today The jump mattered because it came in a choppy session for Indian stocks, with investors scanning trade and geopolitical headlines ahead of the earnings season. “Markets remain sensitive to trade and geopolitical developments,” said Hitesh Tailor, a research analyst at Choice Equity Broking. Reuters
7 January 2026
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Stock Market Today

  • EMCOR's electrical construction segment jumps 33% on AI data center demand
    July 3, 2026, 12:06 PM EDT. EMCOR Group's EME unit reported a 33.1% revenue jump in Q1 2026, hitting a record $1.45 billion as orders for AI data centers and communications infrastructure stayed strong. Operating margin was 12.1%, holding up, though acquisition amortization chipped away a bit. EMCOR said its broad mix of projects-from institutional to hospitality and short-term service jobs-keeps market risk down. The company ended the quarter with record backlog at $15.62 billion, led by new wins in health, manufacturing and water. Quanta Services and Comfort Systems are chasing some of the same demand, with both rolling out new work tied to data centers and grid updates. EMCOR is putting money into prefabrication, tech and workforce training as it eyes further gains in electrical construction.
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