Khadija Saeed

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

Wall Street Slips as Trump Credit-Card Cap Plan Hits Banks; CPI Holds at 2.7%

Wall Street Slips as Trump Credit-Card Cap Plan Hits Banks; CPI Holds at 2.7%

Financial stocks led Wall Street lower Tuesday after JPMorgan executives warned that Trump’s proposed 10% cap on credit-card interest rates could squeeze lending. The Dow fell 394.97 points to 49,195.23. The Consumer Price Index rose 0.3% in December, up 2.7% year-on-year, keeping focus on possible Fed rate cuts. Visa, Mastercard, Citigroup, and American Express shares dropped.
Microsoft stock slides after Trump pressures tech on data-center power bills

Microsoft stock slides after Trump pressures tech on data-center power bills

Microsoft shares fell 1.8% to $468.44 in after-hours trading Tuesday after the company pledged to cover its U.S. data-center electricity costs and release water usage data. The move follows scrutiny from regulators and local communities over the impact of AI-driven data-center expansion on utility bills and resources. Investors await Microsoft’s Jan. 28 earnings call and possible regulatory responses.
Micron Technology stock drops after hours as SK Hynix launches $13B AI-memory buildout

Micron Technology stock drops after hours as SK Hynix launches $13B AI-memory buildout

Micron Technology shares fell 2.2% in after-hours trading Tuesday after SK Hynix announced a $12.9 billion investment in a new chip-packaging plant in South Korea. Construction will begin in April and finish by late 2027. SK Hynix controlled 61% of last year’s high-bandwidth memory market, compared to Micron’s 20%. Analysts raised price targets but warned of limited clean room space and possible future oversupply.
Meta Platforms (META) stock slides as Reality Labs cuts loom and Zuckerberg rolls out “Meta Compute”

Meta Platforms (META) stock slides as Reality Labs cuts loom and Zuckerberg rolls out “Meta Compute”

Meta shares fell 1.8% Tuesday to $630.70 after reports the company will cut about 10% of staff in its Reality Labs division. CEO Mark Zuckerberg unveiled “Meta Compute,” a new initiative to expand AI infrastructure, with plans for major data center and power investments. Layoffs are expected to hit virtual reality teams hardest. Meta has spent over $60 billion on Reality Labs since 2020.
Visa stock slides nearly 5% as Trump’s credit-card rate cap plan hits payment networks

Visa stock slides nearly 5% as Trump’s credit-card rate cap plan hits payment networks

Visa shares fell 4.5% to $327.90 Tuesday after President Donald Trump proposed a one-year 10% cap on credit-card interest rates. Mastercard dropped 3.8%. The move sparked concerns about new regulation and its impact on the payments sector ahead of Visa’s shareholder meeting and earnings report later this month. Average U.S. credit card rates stood at 20.97% in November, according to Federal Reserve data.
13 January 2026
Nvidia stock stays flat after China tightens H200 chip approvals; Eli Lilly $1B AI lab grabs attention

Nvidia stock stays flat after China tightens H200 chip approvals; Eli Lilly $1B AI lab grabs attention

Nvidia shares slipped 0.04% to $184.87 after hours Tuesday following reports China is restricting approvals for H200 AI chip purchases. Nvidia denied requiring upfront payment from Chinese buyers. The company also announced a $1 billion healthcare AI lab with Eli Lilly and new partnerships, but traders remain focused on China’s impact on chip demand.
Apple stock slips after-hours as Creator Studio launch and Google Gemini tie-up reset the AI pitch

Apple stock slips after-hours as Creator Studio launch and Google Gemini tie-up reset the AI pitch

Apple shares slipped 0.25% to $259.61 after hours Tuesday following the announcement of “Apple Creator Studio,” a $12.99/month creative software bundle launching Jan. 28. The rollout comes as investors weigh Apple’s new AI partnership with Google’s Gemini and await the company’s earnings report on Jan. 29.
Tesla stock slips after SEC filing on top exec pay; Wall Street parses inflation

Tesla stock slips after SEC filing on top exec pay; Wall Street parses inflation

Tesla shares fell 0.4% to $447.31 Tuesday after a filing showed senior executive Tom Zhu received a large options grant priced at $435.80. Wolfe Research flagged rising costs and demand risks, projecting 2026 EPS below consensus. Investors await Tesla’s Jan. 28 earnings for updates on margins and software progress. The S&P 500 and Nasdaq also slipped 0.4% after the latest U.S. inflation data.
13 January 2026
IBM stock drops 3% even after BofA lifts target — what to watch before earnings

IBM stock drops 3% even after BofA lifts target — what to watch before earnings

IBM shares fell about 3% Tuesday, underperforming a weaker U.S. market after Bank of America raised its price target but warned of a tougher 2026 setup. BofA expects $400 million in restructuring costs to weigh on fourth-quarter margins. Investors await IBM’s January 28 earnings for signals on software growth and cash flow. IBM’s $11 billion Confluent deal remains pending.
Oklo stock slides in late trade as Meta nuclear deal meets insider selling and long timelines

Oklo stock slides in late trade as Meta nuclear deal meets insider selling and long timelines

Oklo shares fell 3.3% to $99.10 in late trading Tuesday after hitting an intraday high of $107.55. The drop followed news of CEO Jacob DeWitte’s insider share sales and updates on Meta-backed nuclear projects in Ohio. Oklo’s agreement with Meta targets a 1.2 GW power campus, with pre-construction work set for 2026. Broader nuclear stocks were mostly flat.
Verizon stock slides after FCC loosens phone-unlocking rule as fraud fight takes center stage

Verizon stock slides after FCC loosens phone-unlocking rule as fraud fight takes center stage

Verizon shares fell 2.5% to $38.86 Tuesday after U.S. regulators scrapped a rule requiring the carrier to unlock phones 60 days after activation. The FCC’s order, effective immediately, follows Verizon’s claim that the rule fueled fraud involving nearly 785,000 devices last year. AT&T and T-Mobile also declined. Verizon separately disclosed changes to a $30 million executive stock award.
13 January 2026
Texas Instruments stock slips late in session as CPI hits tape and Jan. 27 earnings loom

Texas Instruments stock slips late in session as CPI hits tape and Jan. 27 earnings loom

Texas Instruments shares fell 0.5% to $188.12 Tuesday, lagging the broader chip sector as investors weighed new U.S. inflation data and awaited the company’s Jan. 27 earnings report. The iShares Semiconductor ETF rose 0.9%, while rivals Analog Devices and ON Semiconductor posted gains. U.S. consumer prices rose 0.3% in December, with core inflation up 2.6% year-over-year.
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Stock Market Today

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 08.02.2026

8 February 2026
LIVEMarkets rolling coverageStarted: February 8, 2026, 12:00 AM ESTUpdated: February 8, 2026, 12:20 AM EST Sprinklr (CXM) Undervalued Amid Share Price Drop, AI Growth Potential Assessed February 8, 2026, 12:11 AM EST. Sprinklr (CXM) shares hover near $6, reflecting a 21% drop over 30 days and nearly 31% decline year-to-date. Despite negative returns stretching back three years, some analysts see an intrinsic value of around $11, suggesting the stock may be undervalued. The AI-driven customer experience platform is integrating advanced AI functionalities across marketing and customer service products to capitalize on rising demand for AI-powered analytics. Key risks include potential
Tower Semiconductor stock jumps again on Nvidia optics tie-up as earnings near

Tower Semiconductor stock jumps again on Nvidia optics tie-up as earnings near

8 February 2026
Tower Semiconductor shares rose 7.7% to $139.04 Friday after announcing a collaboration with Nvidia on AI data-center networking. The stock touched $141 intraday and gained another 1% after hours. Investors await Tower’s Feb. 11 earnings for details on its silicon photonics work. No financial terms or shipment timeline were disclosed.
Longsys Electronics stock heads into Monday after new guarantees; what 301308 investors watch next

Longsys Electronics stock heads into Monday after new guarantees; what 301308 investors watch next

8 February 2026
Longsys disclosed new guarantees for a 100 million yuan Hong Kong loan and a $9 million Brazil credit line, bringing its total approved guarantee quota to 11 billion yuan and outstanding guarantees to 5.81 billion yuan. The company said all guarantees are for consolidated subsidiaries and within approved limits. Shares closed at 288 yuan Friday, down 1.6%. China inflation and credit data are due this week.
MACOM stock price steadies near highs into Monday after earnings pop and fresh filings

MACOM stock price steadies near highs into Monday after earnings pop and fresh filings

8 February 2026
MACOM shares rose 3.5% to $235.87 Friday after the company reported fiscal Q1 revenue of $271.6 million and raised its full-year data center growth outlook to 35–40%. Fidelity’s FMR LLC disclosed a 10.7% stake, while shareholder Susan Ocampo filed to potentially sell up to 100,000 shares. Stifel raised its price target to $255. MACOM expects to repay $161 million in convertible notes in March.
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