Khadija Saeed

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

Applied Materials stock jumps today as TSMC lifts 2026 capex and Barclays upgrades AMAT

Applied Materials stock jumps today as TSMC lifts 2026 capex and Barclays upgrades AMAT

New York, Jan 15, 2026, 11:55 (ET) — Regular session underway. Applied Materials (AMAT.O) jumped 7.8% to $325.41 in late-morning trading Thursday, riding a wave of gains among chip equipment stocks following encouraging factory spending data. Lam Research gained 5.9%, KLA surged 9.0%, and U.S.-listed shares of Taiwan Semiconductor Manufacturing rose 6.9%. TSMC’s announcement to boost 2026 capital spending to…
Why Eli Lilly stock is down today: FDA pushes obesity pill decision to April 10

Why Eli Lilly stock is down today: FDA pushes obesity pill decision to April 10

New York, Jan 15, 2026, 12:06 (EST) — Regular session Eli Lilly and Company shares dropped 4.7% to $1,022.50 on Thursday after Reuters reported that internal documents revealed U.S. regulators delayed a decision on the drugmaker’s weight-loss pill until April 10. A Lilly spokesperson said approval could still come in the second quarter, aligning with current FDA guidance. Holly Fernandez…
ServiceNow stock slides again as Oppenheimer trims target and a security flaw stays in focus

ServiceNow stock slides again as Oppenheimer trims target and a security flaw stays in focus

New York, Jan 15, 2026, 11:32 ET — Regular session ServiceNow shares dropped Thursday following a price target cut from Oppenheimer, adding to the pressure on the workflow software company’s stock, which has struggled to hold steady this month. Shares slipped 1.4% to $132.68 by late morning, after dipping as low as $132.46 earlier. Oppenheimer’s Brian Schwartz cut his price…
IREN stock slips as broker trims forecasts but keeps $80 target

IREN stock slips as broker trims forecasts but keeps $80 target

New York, Jan 15, 2026, 11:52 AM EST — Regular session Shares of IREN Limited dipped Thursday following a downgrade in near-term earnings estimates by H.C. Wainwright. The brokerage, however, maintained its Buy rating and held firm on an $80 price target. (MarketBeat) The pullback is significant since IREN now acts as a high-beta stand-in for two volatile bets: bitcoin-related…
Mastercard stock slips after UK court backs cross-border fee cap plan

Mastercard stock slips after UK court backs cross-border fee cap plan

New York, January 15, 2026, 11:28 EST — Regular session Mastercard shares dropped 0.4% to $544.6 in late morning trading following a UK High Court decision siding with Britain’s payments regulator to cap some cross-border card fees. Visa gained 0.3%, while American Express inched up 0.1%. (Reuters) The decision shines a light on just how much wiggle room the major…
CoreWeave stock jumps as CEO swats down Nvidia “circular financing” talk

CoreWeave stock jumps as CEO swats down Nvidia “circular financing” talk

New York, Jan 15, 2026, 11:30 ET — Regular session Shares of CoreWeave (CRWV) jumped roughly 10% to $98.72 in late morning trading Thursday, fueled by a fresh wave of interest in AI-related stocks. The move came after CEO Michael Intrator addressed concerns about the company’s funding approach, pushing back on investor questions. This move is significant since CoreWeave now…
Salesforce stock drops as Wolfe sticks with $350 target, but AI anxiety still weighs on CRM

Salesforce stock drops as Wolfe sticks with $350 target, but AI anxiety still weighs on CRM

New York, January 15, 2026, 11:27 EST — Regular session Salesforce (CRM) shares were down 1.6% at $235.78 in late morning trade on Thursday, lagging a rise in major U.S. stock ETFs that track the Nasdaq and S&P 500. The pullback matters because investors have turned jumpy on big software names, pressing for signs that new “AI agents” — systems…
BitMine (BMNR) stock slides after $200 million Beast Industries deal as share-vote comes due

BitMine (BMNR) stock slides after $200 million Beast Industries deal as share-vote comes due

New York, Jan 15, 2026, 11:25 EST — Regular session Shares of BitMine Immersion Technologies dropped about 3% Thursday after the company announced a $200 million equity stake in Beast Industries, a creator-driven firm linked to YouTube star MrBeast. Chairman Thomas “Tom” Lee hailed MrBeast as “the leading content creator of our generation,” while Beast CEO Jeff Housenbold called the…
Goldman Sachs stock jumps on earnings beat and dividend hike as traders cash in on volatility

Goldman Sachs stock jumps on earnings beat and dividend hike as traders cash in on volatility

New York, January 15, 2026, 11:21 ET — Regular session Goldman Sachs shares rose nearly 4% on Thursday after the Wall Street bank topped fourth-quarter profit estimates and raised its dividend. The stock was up about 3.9% at $969.24, after closing at $932.67 on Wednesday. The results land as investors comb through bank earnings for signs that last year’s revival…
Johnson & Johnson stock slips as Tecvayli trial data lands ahead of earnings week

Johnson & Johnson stock slips as Tecvayli trial data lands ahead of earnings week

New York, Jan 15, 2026, 11:01 ET — Regular session Johnson & Johnson shares dipped Thursday following fresh late-stage data release for its Tecvayli cancer drug, with investors also bracing for next week’s earnings report. This update is crucial as Johnson & Johnson aims to expand the footprint of its newer drugs while shielding established products from pricing cuts and…
Rocket Lab stock slides on KeyBanc downgrade: what investors are watching for RKLB next

Rocket Lab stock slides on KeyBanc downgrade: what investors are watching for RKLB next

New York, Jan 15, 2026, 10:55 EST — Regular session Rocket Lab shares slipped Thursday following a downgrade from KeyBanc Capital Markets, halting a recent surge that had lifted the stock to new highs this month. The stock dropped roughly 4.3% to $87.90 in early trading. (MarketScreener) The stock closed Wednesday 6% higher at $91.80, fueling a sharp rally that…
Intuit stock slips again after sharp drop as TurboTax opens NYC flagship

Intuit stock slips again after sharp drop as TurboTax opens NYC flagship

NEW YORK, Jan 15, 2026, 11:00 EST — Regular session Intuit shares slipped roughly 0.6% to $563.20 Thursday morning, following a sharp nearly 6% plunge Wednesday—their largest single-day percentage drop since April 2025. (Morningstar) The timing coincides with the upcoming U.S. tax-filing season, a key factor for TurboTax demand and its related services. The IRS announced the 2026 filing season…
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Stock Market Today

  • Novartis (SWX:NOVN) Seen Undervalued Despite Strong Multi-Year Gains
    January 31, 2026, 11:19 AM EST. Novartis shares trade around $114.62 after a 0.9% pullback in the past week and a 1-year return of 24.2%, lagging peers. The pharmaceutical giant boasts 70.3% returns over three years and 80% over five years. Our Discounted Cash Flow (DCF) model, projecting future cash flows until 2030, values Novartis stock at $254.07 per share, suggesting a 54.9% undervaluation versus the current price. With free cash flow projected to rise from $18.2 billion to $21.2 billion by 2030, the company's valuation looks attractive. The price-to-earnings (P/E) ratio complements this view, linking share price to earnings growth and risk. Novartis scores 5 out of 6 on undervaluation metrics, supporting the case for potential entry or hold for investors.
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