On January 7, 2026, the three major U.S. stock indices all closed in positive territory, with both the Dow Jones Industrial Average and the S&P 500 Index reaching all-time highs. The performance of large-cap tech stocks was a mixed bag: Meta Platforms (formerly Facebook) saw a 0.4% decline, Google (Alphabet) dipped by 0.37%, Apple fell by 0.2%, Microsoft decreased by 0.13%, and Amazon edged down by 0.1%. Conversely, Nvidia experienced a 0.62% uptick, Tesla rose by 0.26%, and Netflix climbed by 0.24%. The semiconductor sector emerged as the top performer, with Micron Technology soaring over 10% and earning a 'buy' recommendation, thanks to robust earnings and an uptick in DRAM prices. Moreover, Nvidia is making a bid to challenge Tesla and other companies' stronghold in the autonomous vehicle sector by launching a series of open-source autonomous driving models dubbed Alpamayo.
