Khadija Saeed

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

Uber stock jumps after CES robotaxi debut with Lucid, Nuro as AV race heats up

Uber stock jumps after CES robotaxi debut with Lucid, Nuro as AV race heats up

Uber shares rose 5% to $84.93 Tuesday after unveiling a production-ready robotaxi with Lucid and Nuro at CES. Testing began in December, with a Bay Area launch planned later this year. The move follows a downgrade to “sell” by Melius Research, which cited rising competition in autonomous vehicles.
Bank of America stock edges higher after Barclays target hike as earnings near

Bank of America stock edges higher after Barclays target hike as earnings near

Bank of America shares rose 0.4% to $57.15 midday Tuesday after Barclays and JPMorgan raised their price targets. Citigroup gained 0.5%, Wells Fargo slipped 0.4%, and JPMorgan was flat. Investors await Friday’s U.S. jobs report and Bank of America’s Jan. 14 earnings for direction. Morgan Stanley filed to launch bitcoin and solana ETFs as banks expand into digital assets.
Lumentum stock whipsaws as accounting chief retirement, Feb. 3 earnings date draw focus

Lumentum stock whipsaws as accounting chief retirement, Feb. 3 earnings date draw focus

Lumentum Holdings shares rose 5.2% to $375.69 in Nasdaq midday trading Tuesday after swinging between $340.46 and $377.65. The company said Chief Accounting Officer Matthew Sepe will retire after the Feb. 6 filing of its quarterly report, with Eric Chang named as successor. About 3.1 million shares traded by midday. Lumentum will release fiscal second-quarter results on Feb. 3.
CoreWeave stock falls as Truist starts CRWV at Hold; Nvidia Rubin plan sharpens focus on AI capex

CoreWeave stock falls as Truist starts CRWV at Hold; Nvidia Rubin plan sharpens focus on AI capex

CoreWeave shares dropped 3.5% to $74.15 midday Tuesday after Truist Securities began coverage with a Hold rating and $84 target, citing high leverage and capital spending. The company said it will add Nvidia’s Rubin platform in late 2026. D.A. Davidson upgraded the stock a day earlier but warned of risks tied to heavy outlays and uncertain returns.
Walmart stock ticks up after Mizuho lifts target as jobs data looms

Walmart stock ticks up after Mizuho lifts target as jobs data looms

Walmart shares rose 0.2% to $112.97 midday Tuesday after Mizuho raised its price target to $125, citing resilient spending despite “strained consumer sentiment.” The stock remains about 4% below its 52-week high. Investors await Friday’s U.S. payrolls report and Walmart’s Feb. 19 earnings. John Furner will become CEO on Feb. 1, succeeding Doug McMillon.
6 January 2026
MercadoLibre stock extends surge as Venezuela headlines keep MELI in play

MercadoLibre stock extends surge as Venezuela headlines keep MELI in play

MercadoLibre shares rose 3.3% to $2,219.87 Tuesday, building on Monday’s 8.8% surge as traders cited Venezuela-driven “risk-on” flows. The stock traded within a $2,138–$2,240 range and remains about 16% below its 52-week high. Investors are watching for U.S. signals on Venezuela and MercadoLibre’s late-February earnings. Venezuela-linked assets and bonds stayed volatile amid hopes for political change.
Sandisk stock jumps 24% as AI storage demand and memory-price surge lift chip names

Sandisk stock jumps 24% as AI storage demand and memory-price surge lift chip names

Sandisk shares surged 24% to $339.20 Tuesday, hitting a record $342.81 amid heavy trading tied to AI-driven demand for memory and storage. The move followed Sandisk’s launch of its Optimus SSD brand and comes ahead of key earnings updates from Samsung on Thursday and Sandisk on Jan. 29. Western Digital, Micron, and Seagate also posted strong gains.
Citigroup stock holds near 52-week high as Barclays lifts target to $146 ahead of earnings

Citigroup stock holds near 52-week high as Barclays lifts target to $146 ahead of earnings

Citigroup shares edged up 0.1% to $123.42 Tuesday after Barclays raised its price target to $146. Citi hit a 52-week high Monday, closing at $123.30 on heavy volume. The bank will report fourth-quarter results Jan. 14, with analysts expecting earnings of $1.77 per share on $21 billion revenue. Citi disclosed a pre-tax loss from its Russia exit but said it will not affect key capital ratios.
UnitedHealth stock jumps on TPG-Optum UK deal report as Jan. 27 earnings loom

UnitedHealth stock jumps on TPG-Optum UK deal report as Jan. 27 earnings loom

UnitedHealth Group shares rose 2.1% to $349.25 after reports TPG neared a deal to buy its Optum UK unit, valuing the business at up to £1.4 billion. The move boosted the Dow, with UnitedHealth and Amazon contributing 87 points to a 218-point gain. The company will report full-year 2025 results and 2026 guidance on Jan. 27. The Optum UK sale is not finalized and could still fall through.
Lam Research stock jumps nearly 7% on fresh Aletheia “Buy” call as CES focus stays on AI

Lam Research stock jumps nearly 7% on fresh Aletheia “Buy” call as CES focus stays on AI

Lam Research shares jumped 6.9% to $208.15 Tuesday after Aletheia Capital initiated coverage with a buy rating and $260 target. Peers Applied Materials and KLA also rose. Investors await Lam’s Jan. 28 earnings for signals on chip equipment demand and 2026 spending. The rally follows increased focus on AI data-center buildouts and new product launches at CES.
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Home Depot stock price: jobs, inflation and a Feb. 24 earnings test loom

Home Depot stock price: jobs, inflation and a Feb. 24 earnings test loom

7 February 2026
Home Depot shares rose 0.7% to $385.15 Friday, trading between $379.10 and $386.37. Investors await a delayed U.S. jobs report Wednesday and CPI data Friday, both postponed by a brief government shutdown. Home Depot reports fourth-quarter earnings Feb. 24. The Dow closed above 50,000 for the first time.
JPMorgan stock price jumps 4% into weekend as Wall Street braces for a busy data week

JPMorgan stock price jumps 4% into weekend as Wall Street braces for a busy data week

7 February 2026
JPMorgan shares rose 3.95% to $322.40 Friday, outpacing other major banks as U.S. stocks rallied and the Dow closed above 50,000 for the first time. The bank recently completed a $3 billion subordinated notes offering. Investors are watching for delayed U.S. jobs data and inflation figures next week, ahead of JPMorgan’s Feb. 23 company update.
AbbVie stock price: ABBV ends week near $223 after earnings swing — what to watch next

AbbVie stock price: ABBV ends week near $223 after earnings swing — what to watch next

7 February 2026
AbbVie shares rose 2% to $223.43 Friday, capping a volatile week marked by earnings and drug sales scrutiny. Moody’s upgraded AbbVie’s credit rating to A2, citing strong performance in immunology and neuroscience. Investors remain focused on Skyrizi and Rinvoq growth amid rising competition and recent regulatory filings. Trading volume stayed below average, with the stock still 9% off its 52-week high.
SK hynix stock price slips into Monday after S&P upgrade, tech selloff

SK hynix stock price slips into Monday after S&P upgrade, tech selloff

7 February 2026
SK hynix shares closed at 839,000 won, down 0.36% Friday and 8% for the week, as tech stocks retreated across Asia. S&P Global Ratings upgraded the chipmaker to “BBB+” with a positive outlook, citing strong HBM sales. The KOSPI fell 1.4% Friday, ending a six-week winning streak. Traders await Monday’s Seoul open for signs of further tech weakness.
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