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Technology News 8 January 2026

Apple stock slips as India antitrust fine risk resurfaces and JPMorgan takes over Apple Card

Apple stock slips as India antitrust fine risk resurfaces and JPMorgan takes over Apple Card

Apple shares fell 0.7% to $258.58 after hours Thursday, valuing the company at about $3 trillion. India’s antitrust watchdog told a court that Apple could face fines up to $38 billion in an App Store case, with a hearing set for Jan. 27. JPMorgan will replace Goldman Sachs as Apple Card issuer, moving over $20 billion in balances. The Nasdaq slipped as big tech stocks declined.
8 January 2026
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Applied Materials stock slides nearly 4% as tech cools, even after Cantor lifts AMAT target

Applied Materials stock slides nearly 4% as tech cools, even after Cantor lifts AMAT target

Applied Materials shares dropped 3.9% to $280.91 in Thursday afternoon trading, extending losses from this week’s highs. Cantor Fitzgerald raised its price target to $425 and maintained an “overweight” rating. Other chip-equipment makers, including ASML and KLA, also traded lower. Investors are awaiting Friday’s U.S. payrolls report and Applied’s next earnings on Feb. 12.
8 January 2026
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Seagate stock slides nearly 9% as AI-storage rally cools; traders refocus on Friday data

Seagate stock slides nearly 9% as AI-storage rally cools; traders refocus on Friday data

Seagate shares dropped 9.3% to $279.72 Wednesday after a surge in storage stocks earlier this week faded. Western Digital fell 8% and Sandisk lost 7%. The reversal followed a CES-driven rally and news that CEO William Mosley sold 20,000 shares on Jan. 2 under a pre-set plan. Traders watched for support near $280 as momentum cooled.
8 January 2026
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Ciena stock tumbles 14% as AI-networking names retreat — what investors watch next

Ciena stock tumbles 14% as AI-networking names retreat — what investors watch next

Ciena shares fell 14% to $222.73 Thursday after an early spike to $260, with about 2.8 million shares traded by early afternoon. Lumentum dropped 11% and Coherent 9% as tech stocks slid ahead of Friday’s U.S. jobs report. CEO Gary Smith sold 83,552 shares on Jan. 5 at an average $229.44. Ciena will present at the Needham Growth Conference on Jan. 13.
8 January 2026
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Why Applied Optoelectronics (AAOI) stock is down today as tech pulls back

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

Applied Optoelectronics (AAOI.O) dropped 14.9% to $32.40 in Thursday afternoon trading, with 6.2 million shares traded and an intraday low of $31.70. The decline followed a broader selloff in tech stocks, leaving the Nasdaq down 0.5% midday. Optical networking peers Ciena, Lumentum, and Coherent also fell sharply. Investors are watching Friday’s U.S. payrolls report and AAOI’s earnings update in late February.
8 January 2026
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CoreWeave stock rises as Wells Fargo trims target and insiders signal sales

CoreWeave stock rises as Wells Fargo trims target and insiders signal sales

CoreWeave shares rose 1.6% to $78.43 in midday Nasdaq trading Thursday after Wells Fargo cut its price target to $125 but kept a buy rating. Truist began coverage at Hold, citing growth and spending risks. CEO Michael Intrator filed to sell 61,386 shares worth about $4.7 million. The stock has swung sharply amid concerns over debt, data center delays, and AI infrastructure demand.
8 January 2026
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IREN stock jumps 6% in Nasdaq trade as bitcoin miners rebound; CES buzz and payrolls ahead

IREN stock jumps 6% in Nasdaq trade as bitcoin miners rebound; CES buzz and payrolls ahead

IREN shares climbed 6.3% to $46.38 in midday trading Thursday, bucking a weaker Nasdaq as bitcoin miners broadly gained with bitcoin steady near $91,000. The stock swung between $42.69 and $47.57, remaining far below its 52-week high. CES headlines and anticipation of Friday’s U.S. jobs data drove activity. Marathon Digital, Cipher Mining, and CleanSpark also advanced.
8 January 2026
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Ford stock jumps nearly 5% as Piper Sandler upgrades, 2028 “eyes-off” tech plan in focus

Ford stock jumps nearly 5% as Piper Sandler upgrades, 2028 “eyes-off” tech plan in focus

Ford shares jumped 4.7% to $14.39 midday Thursday after Piper Sandler upgraded the stock and raised its price target to $16. Ford reported 2025 U.S. sales up 6% and hybrid sales up nearly 22%, while electric-vehicle growth slowed. The company recalled over 45,000 Mustang Mach-E SUVs for a software issue. Investors await Ford’s next earnings report on Feb. 10.
8 January 2026
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Lumentum (LITE) stock sinks 11% as AI-optics rally breaks despite Needham target hike

Lumentum (LITE) stock sinks 11% as AI-optics rally breaks despite Needham target hike

Lumentum Holdings shares fell 10.7% to $351.00 Thursday, after swinging between $399.88 and $343.41 as AI-linked hardware stocks dropped. Needham raised its price target to $470 and kept a Buy rating. Traders are watching Friday’s U.S. jobs report and Lumentum’s Feb. 3 earnings for direction. Ciena, Coherent, and Applied Optoelectronics also declined.
8 January 2026
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Lam Research stock slips below $200 as chip gear makers slide; jobs report looms

Lam Research stock slips below $200 as chip gear makers slide; jobs report looms

Lam Research shares fell 2.2% to $198.62 Thursday, tracking a broader semiconductor decline as Applied Materials and ASML also dropped. Treasury yields rose after U.S. jobless claims edged higher and productivity jumped. Cantor Fitzgerald raised its Lam price target to $265, citing strong wafer equipment demand. Investors await Friday’s U.S. jobs report and Lam’s Jan. 28 earnings call.
8 January 2026
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Kratos (KTOS) stock jumps as Marine Corps drone award puts Valkyrie back in focus

Kratos (KTOS) stock jumps as Marine Corps drone award puts Valkyrie back in focus

Kratos Defense shares surged 17.3% to $107.30 Thursday after news of a $231.5 million Marine Corps contract pairing its Valkyrie drone with Northrop Grumman systems. The award uses an Other Transaction Agreement for 24 months of development. Northrop rose 4.9%, L3Harris 6.2%, and AeroVironment 9.3%. CEO Eric DeMarco sold 200,000 shares earlier in the week under a pre-set plan.
8 January 2026
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GDS stock jumps 7% as DayOne’s $2 billion funding ripples into the parent

GDS stock jumps 7% as DayOne’s $2 billion funding ripples into the parent

GDS Holdings shares jumped about 7% to $41.25 in midday New York trading Thursday after affiliate DayOne Data Centers secured over $2 billion in Series C equity funding. DayOne said the new capital, led by Coatue, will fund data center projects in Finland and Southeast Asia. GDS holds a 35.6% stake in DayOne after recent dilution. Traders are awaiting GDS’s next earnings update in mid-March.
8 January 2026
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JPMorgan stock climbs on Apple Card takeover as earnings near

JPMorgan stock climbs on Apple Card takeover as earnings near

JPMorgan shares rose 1.1% after announcing it will take over Apple Card from Goldman Sachs, a deal expected to bring over $20 billion in balances but close in about two years. The bank will record a $2.2 billion provision for credit losses tied to the agreement. Investors are watching for JPMorgan’s Jan. 13 earnings for signs of credit-card delinquencies and consumer spending shifts.
8 January 2026
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Palantir stock steadies after Truist’s $223 call as investors eye next catalyst

Palantir stock steadies after Truist’s $223 call as investors eye next catalyst

Palantir Technologies shares rose 0.1% to $181.81 after Truist Securities initiated coverage with a buy rating and $223 price target, citing demand for generative AI. Chief Revenue Officer Ryan D. Taylor sold 12,000 shares on Jan. 2, according to a Form 4 filing. Palantir reports earnings Feb. 2. Defense stocks surged after Donald Trump called for a $1.5 trillion U.S. military budget for 2027.
8 January 2026
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Stock Market Today

SAP stock price: Treasury stake tops 5% as buyback focus builds into next week

SAP stock price: Treasury stake tops 5% as buyback focus builds into next week

7 February 2026
SAP SE closed at 171.22 euros on Xetra Friday, up 0.43%, after disclosing its treasury shares rose above 5% of capital, reaching 61,737,035 shares. The increase follows the launch of a buyback plan worth up to 2.6 billion euros through July 2026. SAP’s U.S. shares finished at $203.34. Investors await SAP’s Integrated Report on Feb. 26 and next results on April 23.
L’Oreal share price slips into weekend as OR.PA heads for annual results test

L’Oreal share price slips into weekend as OR.PA heads for annual results test

7 February 2026
L’Oréal shares closed at 394.05 euros in Paris on Friday, down 0.16%, marking a second straight session of losses. The company will release its 2025 annual results after markets close on Feb. 12, with a financial meeting set for Feb. 13. About 319,000 shares traded Friday in a range between 385.70 and 395.10 euros. The STOXX 600 rose 0.9% to 617.12 points.
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