Khadija Saeed, Author at TechStock²

Citi to cut 1,000 jobs as BlackRock trims 250 in latest Wall Street layoffs

Citigroup will cut about 1,000 jobs this week as part of CEO Jane Fraser’s ongoing restructuring. BlackRock plans to eliminate roughly 250 positions, or 1% of its staff, after a routine efficiency review. Citi shares fell 1.2% in late trading; BlackRock stock was little changed. Both firms report earnings this week.

14 January 2026

NYSE:BLK·NYSE:C

GE Vernova stock rises after $1,087 price target — what to watch before earnings

GE Vernova shares rose 1.93% to $652.09 after GLJ Research raised its price target to $1,087. The stock slipped 0.3% in late trading. Investors await Q4 and full-year 2025 results on Jan. 28, with analysts expecting $2.99 EPS on $10.05 billion revenue. The stock is down 6.1% over the past month.

14 January 2026

Earnings Reports·NYSE:GEV·Stock Market

Cisco stock rises as FlashStack with Nutanix goes live, with Feb. earnings in focus

Cisco shares rose 1.97% to $75.47 Tuesday, outperforming a declining U.S. market. Cisco, Pure Storage, and Nutanix launched FlashStack with Nutanix, targeting customers affected by changes in VMware licensing. Trading volume for Cisco lagged its 50-day average. Investors await Cisco’s quarterly earnings on Feb. 11 and a $0.41 dividend payout on Jan. 21.

14 January 2026

Cloud Computing·Earnings Reports·NASDAQ:CSCO·Stock Market

IBM stock drops 3% as Confluent deal clears key U.S. antitrust step ahead of Jan. 28 earnings

Confluent said the U.S. antitrust waiting period for IBM’s $11 billion acquisition expired Jan. 12, clearing a key hurdle. IBM shares fell 2.9% to $303.16 at Tuesday’s close. Confluent’s shareholder vote is set for Feb. 12, with other regulatory approvals still pending.

14 January 2026

NASDAQ:CFLT·NYSE:IBM·Stock Market·Technology

Lumentum stock jumps 6% as options flag bigger swings ahead of Feb. 3 earnings

Lumentum shares surged 6.4% to $361.33 Tuesday, outperforming a weaker U.S. stock market. The stock traded nearly 3.8 million shares and touched $364.37 intraday. Options data showed implied volatility near 111% ahead of Lumentum’s Feb. 3 earnings report. The S&P 500 slipped 0.2%, while the Nasdaq and Dow also fell.

14 January 2026

Earnings Reports·NASDAQ:LITE·Stock Market

Western Digital stock in focus as WDC sets Jan. 29 earnings date and storage names brace for a busy week

Western Digital shares closed up 0.88% at $214.00 Tuesday after swinging between $208.48 and $218.00. The company will report fiscal Q2 earnings after markets close Jan. 29, with Seagate set to release results Jan. 27. Investors are watching for signs of demand and pricing in the data storage sector, following recent volatility and warnings about AI-related bottlenecks.

14 January 2026

Earnings Reports·NASDAQ:STX·NASDAQ:WDC·Stock Market·Technology

MercadoLibre stock slides after AI-linked layoff report; traders brace for what’s next for MELI

MercadoLibre shares fell 3.55% to $2,073.57 Tuesday after the company laid off 119 employees across Latin America, including 38 in Brazil, as part of an AI-driven restructuring. Most cuts targeted UX writers. Ariel Szarfsztejn became CEO on Jan. 1, with Marcos Galperin moving to executive chairman. Fourth-quarter results are tentatively scheduled for Feb. 24.

14 January 2026

Artificial Intelligence·NASDAQ:MELI·Stock Market·Technology

American Express stock under pressure on Trump credit-card rate-cap talk as earnings near

American Express shares fell 0.44% to $358.00 Tuesday, extending losses after President Trump proposed a 10% cap on credit-card APRs. The move hit financial stocks broadly, with Visa and Mastercard also dropping. Analysts say any cap would likely need Congressional approval. American Express reports earnings Jan. 30.

14 January 2026

Earnings Reports·NYSE:AXP·Stock Market

KLA stock jumps on TD Cowen upgrade as traders eye next chip-equipment catalyst

TD Cowen upgraded KLA to “buy” and raised its price target to $1,800, citing stronger spending at leading-edge foundries. KLA shares closed at $1,441.82 in after-hours trading, up 0.9%. Investors await KLA’s Jan. 29 earnings report for signals on demand and spending.

14 January 2026

NASDAQ:KLAC·Semiconductors·Stock Market

T-Mobile stock slides again after $2 billion bond deal; Samsung retail-media test in focus

T-Mobile US shares fell 3.97% to $189.67 Tuesday, underperforming Verizon and AT&T, as trading volume surged to 7.6 million shares. The company completed a $2 billion senior notes offering to refinance debt, with coupons above 5%. The stock now trades more than 30% below its 52-week high. Investors await T-Mobile’s earnings and strategy update on Feb. 11.

14 January 2026

NASDAQ:TMUS·Stock Market

Super Micro Computer stock slides after Goldman’s ‘Sell’ call puts margins back in the spotlight

Super Micro Computer shares fell 5% to $28.60 Tuesday after Goldman Sachs initiated coverage with a Sell rating and cut its price target to $26. The downgrade cited margin pressure and increased competition in the AI server market. Investors are watching the company’s upcoming earnings for signs it can maintain profitability. U.S. stocks broadly slipped, led by declines in financials.

14 January 2026

NASDAQ:SMCI·Stock Market·Technology

Verizon (VZ) stock slides as FCC eases phone-unlocking rule, earnings next on deck

Verizon shares fell 2.08% to $39.01 Tuesday, their third straight loss, after the FCC granted the company a waiver from its 60-day handset unlocking rule, citing device theft concerns. The FCC move drew criticism from consumer advocates, who called it anti-consumer. AT&T and T-Mobile shares also declined. Verizon’s next earnings report is set for Jan. 30.

14 January 2026

NASDAQ:VZ·Stock Market

Qualcomm stock slides again as traders size up handset risk ahead of Feb. 4 earnings

Qualcomm shares fell 2.4% to $165.29 in after-hours trading Tuesday, marking a third straight day of losses. The stock lagged behind Nvidia and Broadcom, which rose, while Intel surged. Trading volume exceeded the 50-day average. Investors are focused on Qualcomm’s Feb. 4 earnings and guidance.

14 January 2026

Earnings Reports·NASDAQ:QCOM·Stock Market·Technology

Bloom Energy stock ticks higher on Korea AI data-center power pact as BE stays volatile

Bloom Energy shares rose 2.1% to $139.77 in after-hours trading Tuesday after AMCHAM Korea signed a memorandum of understanding with the company to promote solid oxide fuel cells for AI data centers. The deal is non-binding. Investors are watching for demand signals at Bloom’s presentations during the PowerGen conference Jan. 20-22. Other fuel-cell stocks showed mixed moves late in the session.

14 January 2026

Artificial Intelligence·Data Centers·NYSE:BE·Renewable Energy·Stock Market

Spotify stock rises after Wells Fargo trims target — what investors are watching next

Spotify shares closed up 0.9% at $534.64 Tuesday and edged to $535.03 after hours. Wells Fargo cut its price target to $710 from $750 but kept an Overweight rating. Focus shifts to Spotify’s Feb. 10 earnings for details on U.S. subscription pricing and 2026 margin outlook.

14 January 2026

NYSE:SPOT·Stock Market

L3Harris stock in focus after Pentagon’s $1B missile-unit deal tees up 2026 IPO

The Pentagon will invest $1 billion in L3Harris Missile Solutions ahead of a planned IPO in late 2026. L3Harris shares closed up 0.2% at $341.24 after the news. The deal requires congressional approval and would give the government a direct financial stake in a key missile supplier. Investors are watching for more details and L3Harris earnings later this month.

14 January 2026

Defense Industry·IPO News·NYSE:LHX·Stock Market

Thermo Fisher stock falls as CEO flags new U.S. reshoring contracts, Nvidia tie-up in focus

Thermo Fisher Scientific’s pharma services unit secured contracts to help clients move drug manufacturing back to the U.S., CEO Marc Casper said Tuesday. Shares fell 1.4% to $607.08. The company announced new AI partnerships with Nvidia and TetraScience and confirmed COO Michel Lagarde will leave by March, with Gianluca Pettiti named as his successor. Casper cited looming tariffs and recent acquisitions as drivers for U.S. expansion.

14 January 2026

NASDAQ:NVDA·NYSE:TMO·Stock Market·Technology

Snowflake stock drops 5% after Barclays downgrade, with March earnings now in focus

Snowflake shares fell 5% to $209.39 in after-hours trading Tuesday after Barclays downgraded the stock and cut its price target to $250, citing valuation concerns and rising competition. Wall Street is now watching Snowflake’s March 4 earnings for signs of enterprise tech spending.

14 January 2026

Earnings Reports·NYSE:SNOW·Stock Market

Banks closed today? India’s Makar Sankranti bank holiday list for Jan 14–15, 2026

Banks in Gujarat, Odisha, Assam, and Arunachal Pradesh are closed Jan 14 for Makar Sankranti and Magh Bihu, with wider closures in Karnataka, Tamil Nadu, Telangana, Andhra Pradesh, Sikkim, and Maharashtra on Jan 15 for regional festivals. Uttar Pradesh shifted its public-sector bank holiday to Jan 15. Major metros including Mumbai, Bengaluru, Chennai, and Hyderabad will see bank closures Thursday. Digital banking remains available.

14 January 2026

Holidays

CoreWeave stock (CRWV) slips after-hours as CEO bats away Nvidia ‘circular financing’ fears

CoreWeave shares fell 2.7% to $87.48 in after-hours trading Tuesday. Goldman Sachs initiated coverage with a Neutral rating and $86 price target, citing execution and debt risks. CEO Michael Intrator rejected claims of circular financing with Nvidia, noting Nvidia’s $300 million investment versus CoreWeave’s $25 billion raised. Investors remain cautious ahead of U.S. retail sales data and the upcoming Fed meeting.

14 January 2026

NASDAQ:CRWV·Stock Market·Technology

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Copper at $5.88 sets up a busy week for basic materials stocks as jobs, CPI loom

7 February 2026

The S&P 500 materials sector closed up 1.77% at 645.93 Friday, bringing its 2026 gain to 12.45%. Miners led gains, with Freeport-McMoRan up 2.45% and Newmont up 6.26%. Copper rose 1% to $5.88 per pound. U.S. markets will watch for key Labor Department data next week, including jobs and inflation reports.

Industrial stocks surge, pushing XLI near a 52-week high after Dow cracks 50,000

7 February 2026

The Dow Jones Industrial Average closed above 50,000 for the first time Friday, led by a 7.1% jump in Caterpillar shares. The Industrial Select Sector SPDR Fund (XLI) surged 2.9% to a record $173.18. Traders await delayed U.S. jobs and inflation data next week for signals on interest rates.

Healthcare stocks in focus: Molina shock, FDA “copycat” warning and XLV set up Monday’s trade

7 February 2026

Molina Healthcare plunged 25.5% after forecasting 2026 profit far below estimates and announcing a 2027 exit from Medicare Part D. Centene guided profit above expectations but dropped 3.7%, while Cigna rose 2.6% on a strong quarter but flagged a softer 2026 outlook. XLV gained 1.8%. Hims fell 10% after the FDA warned against mass-marketing compounded obesity drugs.

Energy stocks set for a geopolitical week after Iran warning and oil rebound

7 February 2026

U.S. energy stocks rose Friday, with the S&P 500 energy sector up 1.88% and Exxon Mobil gaining 2.03%. Brent crude settled at $68.05 a barrel after Iran threatened U.S. bases if attacked. Saudi Aramco cut March Arab Light crude prices to a five-year low for Asia. Kazakhstan’s CPC Blend exports may drop 35% this month due to Tengiz oilfield disruptions.

Khadija Saeed

Stock Market Today