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Technology News 9 January 2026

AST SpaceMobile stock snaps back near $100 as BofA lifts target after Scotiabank cut

AST SpaceMobile stock snaps back near $100 as BofA lifts target after Scotiabank cut

NEW YORK, Jan 9, 2026, 14:40 (EST) — Regular session AST SpaceMobile shares rose 8.6% to $98.34 in Friday afternoon trading after Bank of America raised its price target on the space-based broadband company to $100 from $85 and kept a Neutral rating. (TipRanks) The rebound follows a sharp pullback earlier this week, a reminder of how fast sentiment can swing on the stock. Scotiabank analyst Andres Coello cut AST SpaceMobile to Sector Underperform — roughly a sell — and put a $45.60 price target on it, saying the valuation had climbed to “irrational levels” even though the company has
9 January 2026
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Uber stock slides nearly 3% as CES robotaxi push puts costs back in focus

Uber stock slides nearly 3% as CES robotaxi push puts costs back in focus

New York, Jan 9, 2026, 14:42 (EST) — Regular session Uber Technologies Inc shares fell nearly 3% on Friday as CES-driven talk of driverless taxis stirred fresh debate over when the technology pays off at scale. The stock was down 2.8% at $85.16 in afternoon trade, after earlier slipping to $84.97. The move matters because Uber is one of the clearest public-market proxies for robotaxis — driverless taxi services — without betting on a single carmaker. Bigger autonomous fleets could mean more rides flowing through Uber’s app, but they also raise questions over who controls pricing and who captures the
9 January 2026
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Accenture stock price today: ACN slips as jobs data resets rate bets, new retail AI push in focus

Accenture stock price today: ACN slips as jobs data resets rate bets, new retail AI push in focus

New York, Jan 9, 2026, 13:42 EST — Regular session Accenture plc shares were down about 0.6% at $280.15 in early afternoon trading on Friday, after sliding to $277.77 at the session low. The broader market was higher, with exchange-traded funds tracking the S&P 500, Nasdaq and Dow up between about 0.4% and 0.8%. A softer U.S. jobs report fed the push and pull for rate-sensitive stocks. Nonfarm payrolls rose 50,000 in December, below a 60,000 forecast, while the unemployment rate fell to 4.4%, the Labor Department said. “The Fed will likely hold course for now,” Lindsay Rosner, head of
9 January 2026
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Vistra stock jumps as Meta locks in 20-year nuclear power deal for AI data centers

Vistra stock jumps as Meta locks in 20-year nuclear power deal for AI data centers

New York, January 9, 2026, 13:37 EST — Regular session Vistra shares were up about 11% by midday Friday after the power producer said Meta Platforms had signed long-term contracts tied to three of its nuclear plants. The stock gained $16.51 to $167.11, after hitting an intraday high of $178.40. The contracts are in focus as Big Tech hunts steady electricity for data centers, and nuclear plants can run around the clock. Meta said it signed 20-year agreements to buy power from Vistra’s Perry and Davis-Besse plants in Ohio and the Beaver Valley plant in Pennsylvania, and it is also
9 January 2026
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IREN stock rises as Bernstein calls it a “top AI pick” — what traders watch next

IREN stock rises as Bernstein calls it a “top AI pick” — what traders watch next

New York, January 9, 2026, 13:27 (EST) — Regular trading session IREN Limited shares climbed about 4.6% on Friday to $47.76, adding to a choppy start to the year for the bitcoin miner turned AI data-center play. In heavy volume, the stock swung between a high of $49.99 and a low of $45.52. The move matters because IREN has turned into a quick proxy for two trades at once: crypto-linked cash flow and demand for AI compute. When either narrative shifts, the stock usually moves first and asks questions later. Bernstein analyst Gautam Chhugani told investors to “start 2026 by
9 January 2026
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Applied Materials stock jumps toward $300 as TSMC sales beat and analysts lift AMAT targets

Applied Materials stock jumps toward $300 as TSMC sales beat and analysts lift AMAT targets

NEW YORK, Jan 9, 2026, 13:32 (EST) — Regular session Applied Materials Inc (AMAT) shares jumped about 6% on Friday, at one point topping $300, as chip-equipment names moved higher. AMAT was up 6% at $298.53 in afternoon trading. Lam Research rose about 8%, KLA was up about 5% and ASML added about 6%, while the iShares Semiconductor ETF gained nearly 3%. The gain came after strong figures from Taiwan Semiconductor Manufacturing Co, the world’s biggest contract chipmaker. TSMC said fourth-quarter revenue climbed 20.45% from a year earlier to T$1.046 trillion, beating a market forecast. It will lay out its
9 January 2026
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Lumentum stock slips in choppy trade as Wall Street lifts targets to $455-$470

Lumentum stock slips in choppy trade as Wall Street lifts targets to $455-$470

New York, Jan 9, 2026, 13:01 EST — Regular session Shares of Lumentum Holdings Inc (LITE) were down 2.4% at $339.88 by early afternoon on Friday, pulling back after a violent week for the optical components maker. The stock has traded between $334.01 and $362.63 so far, with about 3.7 million shares changing hands. The move matters now because Lumentum sits in the plumbing of artificial intelligence (AI) data centers, selling lasers and optical parts that push data as light, not electricity. After a sharp run, traders have treated the name like a referendum on cloud spending and networking upgrades.
9 January 2026
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Sandisk stock jumps as report flags potential doubling of enterprise NAND prices

Sandisk stock jumps as report flags potential doubling of enterprise NAND prices

New York, Jan 9, 2026, 12:23 EST — Regular session Sandisk Corp shares rose 9.9% to $367.53 by midday Friday, a sharp rebound after a choppy start to the year for memory and storage names. The move followed a report that flagged a possible jump in prices for enterprise flash components. (Seeking Alpha) Why it matters now: pricing is the whole game in flash memory. When suppliers can raise prices — or even convince buyers they will — margins can swing fast, and so can stocks. Investors have been leaning into anything linked to data-center buildouts, where demand for storage
9 January 2026
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Mastercard stock slips as Apple taps JPMorgan for Apple Card — and keeps Mastercard network

Mastercard stock slips as Apple taps JPMorgan for Apple Card — and keeps Mastercard network

NEW YORK, Jan 9, 2026, 12:23 (EST) — Regular session Mastercard shares slipped on Friday after Apple and JPMorgan Chase said Chase will become the new issuer of Apple Card, a deal that keeps Mastercard as the card’s payment network. Shares were down about 0.2% at $578.98 in midday trading. For Mastercard, the headline is the network slot. The “payment network” is the rails that carry a card transaction from a merchant to a bank, and it typically earns fees tied to each swipe or tap. Losing a marquee co-brand can sting because the volume is sticky and rivals fight
9 January 2026
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Ford stock slips today after Piper upgrade pop as investors weigh Ford’s “eyes-off” driving push

Ford stock slips today after Piper upgrade pop as investors weigh Ford’s “eyes-off” driving push

New York, January 9, 2026, 12:25 EST — Regular session Ford Motor shares fell 1.5% to $14.19 in midday trading on Friday, after touching $14.43 earlier in the session. The stock opened at $14.32. The pullback follows a sharp rally a day earlier after Piper Sandler upgraded Ford to overweight from neutral and raised its price target to $16 from $11, MarketBeat data showed. The same data put Ford’s 50-day moving average at about $13.22 and its 200-day at roughly $12.20, a basic trend gauge chart watchers use to map momentum. (MarketBeat) Macro is also in the mix. A U.S.
9 January 2026
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Western Digital stock bounces as Fidelity discloses 10.1% stake; eyes turn to Jan. 22 earnings

Western Digital stock bounces as Fidelity discloses 10.1% stake; eyes turn to Jan. 22 earnings

NEW YORK, January 9, 2026, 12:11 (EST) — Regular trading session Western Digital Corp shares climbed Friday after a regulatory filing showed Fidelity’s FMR LLC owned more than 10% of the data storage maker. The broader storage group also bounced back following Thursday’s pullback. Western Digital was up 1.7% at $190.87 as of 12:11 p.m. EST. The move follows Western Digital’s 6.1% drop a day earlier, after investors cashed in gains in AI-linked memory and storage stocks that had run up earlier in the week, Reuters reported. Swings like that are now routine for the group, where positioning can flip
9 January 2026
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Bloom Energy stock jumps again as $2.65B AEP fuel-cell order keeps Wyoming data-center trade in focus

Bloom Energy stock jumps again as $2.65B AEP fuel-cell order keeps Wyoming data-center trade in focus

NEW YORK, Jan 9, 2026, 11:26 EST — Regular session Bloom Energy Corp shares rose 3.6% to $126.23 in late morning trading after hitting an earlier high of $129.96. The session low was $120.62. The move comes after American Electric Power disclosed that its unit will exercise a substantial portion of its option for Bloom’s solid oxide fuel cells — systems that generate electricity on-site from fuel such as natural gas, rather than by burning it in a turbine. AEP also said it has a 20-year agreement with an unnamed customer to take all the output from a fuel-cell generation
9 January 2026
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Stock Market Today

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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