Today: 7 February 2026
Subscribe

Khadija Saeed

A dedicated markets reporter, she covers stocks, macroeconomics, and major business developments with a sharp eye for detail and accuracy.

Adobe stock price: ADBE closes up as Firefly Foundry AI pitch hits Hollywood ahead of Fed week

Adobe stock price: ADBE closes up as Firefly Foundry AI pitch hits Hollywood ahead of Fed week

New York, Jan 23, 2026, 20:19 EST — Market closed. Adobe shares edged up 0.4% to $301.07 on Friday, finding some footing after a choppy run for tech stocks. The software giant unveiled a more focused “IP-safe” generative AI offering tailored for studios and talent agencies. The shift was modest, but the timing matters. Investors enter a week where AI needs to prove it’s more than just headlines—now it’s about real revenue, particularly for software firms. Wall Street is turning its focus back to earnings and interest rates after recent volatile moves sparked by geopolitical events. Investors now face a
24 January 2026
·····
KLA stock price closes higher into weekend as KLAC heads for Fed decision and Jan. 29 earnings

KLA stock price closes higher into weekend as KLAC heads for Fed decision and Jan. 29 earnings

New York, Jan 23, 2026, 20:18 (EST) — Market closed. KLA Corp shares finished Friday up 0.8% at $1,512.78, bouncing back from a low of $1,452 to close near the session’s peak. Applied Materials gained 1.1%, but Lam Research dropped 1.3%, and ASML’s U.S.-listed shares edged down 0.4%. Rates take center stage next week as the Federal Reserve holds its policy meeting from Jan. 27-28. The rate decision is set for 2 p.m. ET Wednesday, followed by a press conference at 2:30 p.m., per the central bank’s official calendar. (Federal Reserve) Earnings are another key driver. Roughly 20% of the
24 January 2026
·····
Intuitive Surgical stock slips as 2026 growth outlook cools — what to watch before Monday

Intuitive Surgical stock slips as 2026 growth outlook cools — what to watch before Monday

New York, January 23, 2026, 20:18 EST — Market closed Intuitive Surgical shares dipped 0.35% to end Friday at $523.99, as investors digested the company’s 2026 forecast following its recent quarterly report. (MarketScreener) Why it matters now: procedure growth — the tally of surgeries performed with Intuitive’s systems — is the key demand indicator investors track. It fuels recurring sales of instruments, accessories, and service, extending well beyond just initial system installations. The 2026 guidance now stands as the key focus heading into next week. The company also highlighted tariffs as a threat to margins, warning that those cost fluctuations
24 January 2026
·····
Freeport-McMoRan stock jumps again as Grasberg restart timeline comes into focus

Freeport-McMoRan stock jumps again as Grasberg restart timeline comes into focus

New York, Jan 23, 2026, 19:56 EST — After-hours Freeport-McMoRan shares climbed 2.65% on Friday, closing at $60.41. The copper miner edged closer to its recent highs as investors weighed fresh guidance and repair plans for its Grasberg mine in Indonesia. (Freeport-McMoRan Investors) This move is crucial since Freeport’s 2026 outlook depends heavily on the pace of Grasberg’s underground output recovery. Traders have lately viewed copper as a play on growth, supply constraints, and U.S. policy shifts. Much of Freeport’s planned metal sales are stacked in the second half of the year, leaving little margin for delay. Freeport reported Thursday
24 January 2026
·····
Bank of America stock price slides into the weekend as bank shares sink; Fed decision and 10% card-rate cap watched

Bank of America stock price slides into the weekend as bank shares sink; Fed decision and 10% card-rate cap watched

New York, Jan 23, 2026, 19:56 (ET) — Trading after hours. Bank of America shares dropped 1.4% to $51.72 on Friday, sliding alongside a broad selloff in U.S. bank stocks that outpaced the overall market. JPMorgan Chase slid close to 2%, with Wells Fargo and Citigroup each down over 1%, as bank ETFs absorbed much of the pressure. The timing is crucial. Banks’ fortunes hinge on rate expectations, since borrowing costs influence both loan pricing and the interest paid on deposits. Investors have zeroed in on net interest income, or NII — the difference between what banks make on loans
24 January 2026
··········
Virgin Media pension ruling fallout: UK FRC issues new actuary guidance as “section 37” fix nears

Virgin Media pension ruling fallout: UK FRC issues new actuary guidance as “section 37” fix nears

London, Jan 24, 2026, 00:48 GMT Britain’s Financial Reporting Council (FRC) has issued new guidance for pension scheme actuaries handling historic rule changes following the Virgin Media case. This comes as the government moves to introduce legislation allowing schemes to validate older amendments. (Pensions Age) The ruling is significant because it revealed that some “contracted-out” defined benefit schemes—workplace plans that replaced part of the state pension and promise benefits based on pay and service—could be declared void if they lack the required written actuarial sign-off from that period. According to the FRC’s technical guidance, this missing evidence might expose schemes
24 January 2026
·
BNAI stock surges nearly 90% as Brand Engagement Network lands $2.05 million Valio Africa AI licensing deal

BNAI stock surges nearly 90% as Brand Engagement Network lands $2.05 million Valio Africa AI licensing deal

NEW YORK, Jan 23, 2026, 19:37 EST Shares of Brand Engagement Network jumped roughly 90% on Friday after the AI firm announced a licensing and investment deal with Valio Technologies. The partnership aims to expand its platform throughout Africa. https://www.benzinga.com/trading-ideas/movers/26/01/50111905/brand-engagement-network-bnai-stock-explodes-on-2-million-valio-technologies-deal The shift is significant as Brand Engagement Network aims to generate near-term licensing revenue from its technology while retaining upside via an equity stake and a share of future sales, instead of developing a full-scale operation on its own. In small, thinly traded stocks, deal structures mixing an upfront payment with ongoing revenue sharing can trigger sharp price moves. Investors
24 January 2026
····
Western Digital stock price slides after hours as WDC heads into Jan. 29 earnings

Western Digital stock price slides after hours as WDC heads into Jan. 29 earnings

New York, Jan 23, 2026, 19:50 EST — After-hours Shares of Western Digital Corp slipped 2.8% to $236.39 in after-hours trading on Friday, following a regular session range of $232.37 to $243.25. The after-hours session occurs outside the standard 9:30 a.m. to 4 p.m. ET trading hours. The pullback hits the data-storage maker ahead of its fiscal second-quarter results, set to drop after the market closes on Jan. 29, with a conference call at 4:30 p.m. ET to follow. This report marks a crucial test for a stock that’s swung sharply as expectations for data-center spending have shifted. (Western Digital)
24 January 2026
····
Shell’s $20 billion Nigeria Bonga bet collides with talk of an Argentina shale exit

Shell’s $20 billion Nigeria Bonga bet collides with talk of an Argentina shale exit

CAPE TOWN, Jan 24, 2026, 02:51 SAST Nigeria’s President Bola Tinubu has given the green light to investment-linked incentives for Shell’s Bonga South West deepwater oil project, following talks with CEO Wael Sawan. Sawan indicated a final investment decision could come by 2027, with projected capital and operating costs around $20 billion. Shell is also eyeing Nigeria’s exploration licence round. Tinubu emphasized these incentives aren’t “blanket concessions” but tied to fresh capital and output. Shell highlighted recent investments in Bonga North and a gas project supplying Nigeria LNG; Exxon Mobil is another Bonga partner. (Reuters) Timing is crucial. After years
24 January 2026
·····
Spotify stock jumps on Goldman upgrade as AI playlists and earnings draw closer

Spotify stock jumps on Goldman upgrade as AI playlists and earnings draw closer

New York, Jan 23, 2026, 19:38 EST — After-hours Shares of Spotify Technology S.A. climbed 2.9% to finish at $513.21 on Friday. In after-hours trading, the stock slipped slightly, down 0.1% to $512.50. (Yahoo Finance) This matters now since the stock reacts sharply to any changes in the pricing power debate, margins, and what follows the last major rally. With positioning tight, even one bullish call can still sway the tape. Spotify is pushing to convince subscribers to pay rather than stick to free listening. On Thursday, it launched an AI-powered “prompted playlist” feature for premium users in the U.S.
24 January 2026
····
AST SpaceMobile stock price slips after hours as BlueBird 7 launch timeline comes into focus

AST SpaceMobile stock price slips after hours as BlueBird 7 launch timeline comes into focus

New York, Jan 23, 2026, 19:57 EST — After-hours trading. AST SpaceMobile (ASTS) shares dipped during after-hours Friday, easing off a volatile week as the market weighed the updated launch schedule for the company’s upcoming satellite. The stock ended regular trading down 2.4% at $113.57 and was last seen slipping another 0.3% to $113.19. (StockAnalysis) The timing is crucial since AST’s pitch is straightforward and tough: deploy enough satellites to transform regular phones into satellite phones once cell towers go down. Traders have zeroed in on launch dates as the closest thing to a scoreboard. AST dubs it “direct-to-device” service,
24 January 2026
·····
Gilead stock jumps again as Trodelvy-Keytruda breast cancer data lands in NEJM

Gilead stock jumps again as Trodelvy-Keytruda breast cancer data lands in NEJM

New York, Jan 23, 2026, 19:39 EST — After-hours Gilead Sciences shares climbed 3.65%, closing at $135.93 on Friday. The stock gained momentum after fresh breast cancer data refocused attention on the company’s oncology efforts. (Yahoo Finance) Gilead announced that full Phase 3 data from the ASCENT-04/KEYNOTE-D19 trial have been published in the New England Journal of Medicine. The study showed Trodelvy combined with Keytruda outperformed Keytruda plus chemotherapy for progression-free survival, which tracks how long patients live before cancer advances. The combo cut the risk of disease progression or death by 35%, with median progression-free survival reaching 11.2 months
24 January 2026
····
1 … 212 213 214 215 216 … 1,008

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.
Go toTop