Today: 7 June 2026
Browse Category

Technology 9 January 2026 - 10 January 2026

Broadcom stock jumps after Mizuho lifts target; CPI week sets up next test for AVGO

Broadcom stock jumps after Mizuho lifts target; CPI week sets up next test for AVGO

Broadcom shares jumped 3.7% to $344.97 Friday, lifting the PHLX Semiconductor Index to a record. Mizuho raised its price target on Broadcom to $480, citing “attractive valuations.” Cathie Wood’s ARK Invest bought 31,573 shares, while Broadcom’s legal chief sold 30,000 shares. The stock remains 17% below its 52-week high after a December warning on profit margins.
Oracle stock jumps toward $200 as Stargate funding and a busy macro week collide

Oracle stock jumps toward $200 as Stargate funding and a busy macro week collide

Oracle shares rose 4.7% to close at $198.52 Friday after news that OpenAI and SoftBank will invest $1 billion in Stargate, a $500 billion AI infrastructure project backed by Oracle. The company reported $8.1 billion in quarterly capital spending and $108.1 billion in notes payable and borrowings. Oracle declared a 50-cent dividend payable Jan. 23. Traders await the Dec. CPI data release on Jan. 13.
10 January 2026
Apple Card switches banks: JPMorgan replaces Goldman in a two-year handoff

Apple Card switches banks: JPMorgan replaces Goldman in a two-year handoff

JPMorgan Chase will take over as issuer of Apple Card from Goldman Sachs in a transition set to last about 24 months. JPMorgan expects a $2.2 billion provision for credit losses tied to the deal, while Goldman projects a $0.46 boost to fourth-quarter 2025 earnings per share. Apple says card perks and Mastercard access will continue during the handover. Card balances of over $20 billion will move to JPMorgan’s platform.
10 January 2026
Dow and S&P 500 hit fresh record closes as chip rally shrugs off tariff noise

Dow and S&P 500 hit fresh record closes as chip rally shrugs off tariff noise

U.S. stocks closed at record highs Friday, with the S&P 500 finishing up 0.65% and the Dow up 0.48%, led by gains in chipmakers. The PHLX semiconductor index jumped 2.7% to a record after Meta agreed to buy power from Vistra’s nuclear plants. Investors trimmed bets on near-term Fed rate cuts after December payrolls rose by 50,000 and unemployment dipped to 4.4%. Markets watched for a Supreme Court ruling on tariffs.
Coherent stock snaps back after steep slide as jobs data lifts tech — what COHR traders watch next

Coherent stock snaps back after steep slide as jobs data lifts tech — what COHR traders watch next

Coherent shares rose 2.8% to $178.06 Friday, rebounding after a 9.6% drop the previous day. The move followed a softer U.S. jobs report that shifted rate expectations and lifted tech stocks. Coherent’s next earnings report is expected in early February, with investors watching U.S. CPI data on Jan. 13. The stock’s price-to-earnings ratio stands at 227.5, well above the industry median.
10 January 2026
Cisco stock dips after Supreme Court takes Falun Gong lawsuit; earnings date in focus

Cisco stock dips after Supreme Court takes Falun Gong lawsuit; earnings date in focus

The U.S. Supreme Court will hear Cisco’s appeal in a lawsuit alleging it aided China’s crackdown on Falun Gong. Cisco shares fell 0.1% to $73.88 Friday, underperforming a record-setting S&P 500. The case tests whether U.S. firms can face lawsuits at home for alleged human rights abuses abroad. Investors await next week’s inflation data and Cisco’s Feb. 11 earnings call.
10 January 2026
Qualcomm stock slides after Mizuho downgrade cuts target to $175, puts handset worries back in play

Qualcomm stock slides after Mizuho downgrade cuts target to $175, puts handset worries back in play

Qualcomm shares fell 2.25% to $177.78 after Mizuho downgraded the stock and cut its price target to $175, citing weak handset demand and Apple losing modem share. Volkswagen’s new supply deal with Qualcomm for its 2027 software platform highlighted the company’s automotive push. Qualcomm closed nearly 14% below its 52-week high. Investors await its Feb. 4 earnings call for guidance on handset and auto growth.
10 January 2026
S&P 500 hits record, chip stocks jump — jobs report and Trump tariff case set up next market move

S&P 500 hits record, chip stocks jump — jobs report and Trump tariff case set up next market move

The S&P 500 closed at a record 6,966.28 on Friday, led by chip stocks after a weaker-than-expected U.S. jobs report. Nonfarm payrolls rose by 50,000 in December, missing forecasts, while the unemployment rate dipped to 4.4%. The dollar index gained 0.26% and the two-year Treasury yield rose to 3.538%. Housing stocks jumped after Trump ordered $200 billion in mortgage bond purchases.
Applied Materials stock pops nearly 7% as chip rally returns — analysts lift targets

Applied Materials stock pops nearly 7% as chip rally returns — analysts lift targets

Applied Materials shares surged nearly 7% Friday, closing at $301.18 and hitting a new 52-week high of $302.78, as chip stocks rallied on a weaker U.S. jobs report. The Philadelphia Semiconductor Index jumped 2.7% to a record. Brokerages including Cantor Fitzgerald raised price targets for Applied. Investors now await Tuesday’s CPI data and Applied’s earnings report set for February 12.
Vistra stock jumps after Meta signs 20-year nuclear power deal to feed AI data centers

Vistra stock jumps after Meta signs 20-year nuclear power deal to feed AI data centers

Vistra shares jumped 10.5% after-hours as Meta signed 20-year power purchase agreements for over 2,600 MW from three Vistra nuclear plants in PJM, with deliveries starting in late 2026. An SEC filing showed Vistra expects the deals to boost its adjusted free cash flow by up to 17% once plant upgrades are complete by 2034.
1 109 110 111 112 113 235

Stock Market Today

  • LondonMetric Property REIT Offers 6.63% Yield, Robust Income Growth
    June 7, 2026, 3:40 AM EDT. LondonMetric Property (LSE:LMP), a FTSE 100 real estate investment trust (REIT), offers a 6.63% yield, making it a top passive income stock pick for June. The company focuses on logistics, healthcare, and retail properties under long-term triple-net leases, where tenants cover maintenance, taxes, and insurance, boosting profit margins. Its latest results showed a 16.6% rise in net rental income to £455.3 million and a 3.8% dividend increase to 12.45p, continuing a decade-long dividend growth streak. With 98% occupancy and a 17-year average lease, LondonMetric's balance sheet remains strong, backed by 99.8% debt hedging and a 4% average cost of debt. However, sensitivity to interest rates and property valuations poses risks to future earnings.

Latest articles

UiPath Stock Set for Inflation Test After Swings in AI-Driven Trading

UiPath Stock Set for Inflation Test After Swings in AI-Driven Trading

7 June 2026
UiPath shares fell 3.68% to $11.24 Friday, wiping out Monday’s 11.77% rally despite reporting 17% revenue growth and its first-ever first-quarter GAAP profit, as a broader tech selloff and persistent analyst “Hold” ratings outweighed strong guidance and new customer wins.
Caterpillar flat at end of strong week, inflation on radar

Caterpillar flat at end of strong week, inflation on radar

7 June 2026
Caterpillar tumbled 3.85% Friday to $904.28 after hitting a 52-week high, as a strong jobs report sent Treasury yields soaring and triggered a broad market selloff; despite the drop, Caterpillar remains up 3.2% for the week, with investors now weighing its record backlog and first-quarter growth against rising rate risks and a more cautious market.
Nuclear decision gives Constellation boost, but CEG stock slides

Nuclear decision gives Constellation boost, but CEG stock slides

7 June 2026
Constellation Energy shares closed at $254.83, down 3.7% and 11% below the $287.75 price in last week’s prospectus, after a shareholder offering and despite a regulatory win for its Three Mile Island restart plan; investors now face a weekend to digest new stock supply, rate worries, and nuclear project risks before Monday’s open.
Portnoy’s Bitcoin, XRP Losses Mount In $390B Crypto Drop

Portnoy’s Bitcoin, XRP Losses Mount In $390B Crypto Drop

7 June 2026
Strategy’s surprise sale of 32 Bitcoin for $2.5 million to fund preferred stock distributions rattled investors, raising fears it may sell more to meet obligations, as Bitcoin and Ether posted their worst weekly losses since 2022 and crypto-linked stocks like Coinbase and Robinhood plunged up to 11% amid a $390 billion market wipeout.
Bitcoin Hits $60,000 As Crypto Selloff Deepens

Bitcoin Drops as ETF Outflows Mount, $60,000 Support Weakens

7 June 2026
Bitcoin plunged below $60,000 for the first time since October 2024, triggering $4.4 billion in spot ETF outflows and a rare bitcoin sale by Strategy, while crypto-linked stocks tumbled and analysts warned that further drops below $59,750 could spark more selling pressure or a deeper slide.
Go toTop