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Company News for Jan 2, 2026

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  • Nike, Inc. ((NKE - Free Report) ) shares rose 4.1% after CEO Elliott Hill revealed a recent purchase of roughly $1 million in company shares.
  • Corcept Therapeutics Incorporated ((CORT - Free Report) ) shares plunged 50.4% after the U.S. Food and Drug Administration declined to approve its hypercortisolism drug relacorilant.
  • Taiwan Semiconductor Manufacturing Company Limited ((TSM - Free Report) ) rose 1.4% after NVIDIA Corporation ((NVDA - Free Report) ) asked the chipmaker to boost H200 production amid strong Chinese demand projected for 2026, as mentioned by Reuters.
  • Microsoft Corporation ((MSFT - Free Report) ) shares fell 0.8% as technology stocks lagged the broader market during the session.

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