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TWSE:2408 News 18 January 2026 - 1 February 2026

Nanya Technology stock jumps 5% ahead of Monday earnings call as DRAM prices firm

Nanya Technology stock jumps 5% ahead of Monday earnings call as DRAM prices firm

Taipei, Jan 18, 2026, 08:27 GMT+8 — Market closed. Shares of Taiwan DRAM maker Nanya Technology Corp (2408) ended Friday up 5.26% at NT$250.00, with the market shut over the weekend and investors turning to Monday’s earnings call as the next near-term catalyst. Source The rally came as Taiwan’s Taiex climbed 1.94% to a record close on Friday, lifted by upbeat signals from heavyweight chipmaker TSMC and fresh risk-on positioning in tech. “These figures simply told investors AI demand is robust,” Mega International Investment Services analyst Alex Huang said, adding that a U.S.-Taiwan tariff deal helped ease uncertainty. Source Memory

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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