Today: 2 February 2026
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Khadija Saeed

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

BitMine (BMNR) stock barely budges after $5.2 billion quarterly loss as share-vote deadline nears

BitMine (BMNR) stock barely budges after $5.2 billion quarterly loss as share-vote deadline nears

New York, Jan 13, 2026, 21:27 EST — The market has closed. Shares of BitMine Immersion Technologies Inc barely budged Tuesday, edging up roughly 0.2% after the market closed. The company reported a quarterly net loss of $5.2 billion, largely due to an unrealized loss on digital assets amounting to $5.25 billion. Revenue climbed 91% to $2.3 million. As of…
14 January 2026
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Coca-Cola stock rises as KO sets Feb. 10 earnings date; what investors watch next

Coca-Cola stock rises as KO sets Feb. 10 earnings date; what investors watch next

NEW YORK, Jan 13, 2026, 21:41 (EST) — Market closed Coca-Cola (KO) shares finished Tuesday about 1% higher at $71.24 after the company announced Feb. 10 as the date for its fourth-quarter and full-year 2025 earnings release, setting a clear marker for the next major catalyst. The results will be published before the New York Stock Exchange opens, followed by…
14 January 2026
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Citi to cut 1,000 jobs as BlackRock trims 250 in latest Wall Street layoffs

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

New York, Jan 13, 2026, 21:40 EST Citigroup (C) plans to slash roughly 1,000 positions this week, according to a source who spoke to Reuters. CEO Jane Fraser continues to push for cost reductions and improved returns at the bank. (Reuters) Timing is key. As big financial firms approach earnings, investors remain fixated on expense lines, not just top-line revenue,…
14 January 2026
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GE Vernova stock rises after $1,087 price target — what to watch before earnings

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

New York, Jan 13, 2026, 21:30 ET — Market closed GE Vernova Inc (GEV) shares jumped 1.93% to close at $652.09 Tuesday, following GLJ Research’s boost of its price target to $1,087 from $805 a day earlier. GLJ analyst Austin Wang maintained his Buy rating but admitted growing caution over the near-term outlook, citing a lack of immediate catalysts and…
14 January 2026
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Cisco stock rises as FlashStack with Nutanix goes live, with Feb. earnings in focus

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

NEW YORK, Jan 13, 2026, 21:17 EST — Market closed. Cisco Systems (CSCO.O) climbed 1.97%, ending Tuesday at $75.47, defying the broader U.S. stock slump. Despite the gain, the share price still sits roughly 6.6% under its 52-week peak. Trading volume lagged the 50-day average, MarketWatch reported. (MarketWatch) Cisco took the opportunity to highlight a new angle on data centers.…
14 January 2026
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IBM stock drops 3% as Confluent deal clears key U.S. antitrust step ahead of Jan. 28 earnings

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

New York, January 13, 2026, 21:08 ET — Markets have shut down for the day. Confluent confirmed that the U.S. antitrust waiting period for International Business Machines’ $11 billion acquisition has lapsed, marking a key regulatory milestone. The Hart-Scott-Rodino Act’s waiting period expired at 11:59 p.m. ET on Jan. 12. IBM shares closed Tuesday down 2.9% at $303.16. Confluent also…
14 January 2026
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Lumentum stock jumps 6% as options flag bigger swings ahead of Feb. 3 earnings

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

NEW YORK, Jan 13, 2026, 21:05 EST — Market closed Lumentum Holdings (LITE.O) shares jumped 6.4% on Tuesday, closing at $361.33. The gain outstripped the broader market amid an otherwise volatile session. Lumentum’s shift is significant as the stock has turned into a high-beta stand-in for the AI data-center buildout sector, where sentiment can swing quickly on rate changes and…
14 January 2026
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Western Digital stock in focus as WDC sets Jan. 29 earnings date and storage names brace for a busy week

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

New York, Jan 13, 2026, 21:02 EST — The market has closed. Western Digital Corp announced it plans to report fiscal second-quarter results after U.S. markets close on Jan. 29, setting the stage for the next major catalyst in a stock that’s become a lightning rod for betting on the AI data-center boom. (Western Digital) The timing is crucial as…
14 January 2026
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MercadoLibre stock slides after AI-linked layoff report; traders brace for what’s next for MELI

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

NEW YORK, Jan 13, 2026, 21:16 EST — The market has closed for the day. MercadoLibre shares dropped 3.5% Tuesday, closing at $2,073.57 after sliding to a low of $2,030.90. Investors remain unsettled ahead of Wednesday following news of AI-driven layoffs. That headline is crucial at the moment as the company juggles protecting margins while investing in delivery and fintech…
14 January 2026
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American Express stock under pressure on Trump credit-card rate-cap talk as earnings near

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

New York, Jan 13, 2026, 21:14 EST — Market closed. American Express (AXP.N) slipped 0.44% to close at $358.00 on Tuesday, continuing its decline following President Donald Trump’s proposal to cap credit-card interest rates for one year. (Investing) This shift is critical as it lands right in the thick of earnings season for banks and consumer lenders. Executives usually lay…
14 January 2026
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KLA stock jumps on TD Cowen upgrade as traders eye next chip-equipment catalyst

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

New York, Jan 13, 2026, 20:54 EST — Market closed. KLA Corp shares rose Tuesday following TD Cowen’s upgrade to “buy” and a boost to its price target, now $1,800, citing stronger spending in leading-edge foundries. After hours, the stock was last at $1,441.82, up 0.9% from the close. (Investing) The call comes as investors wrestle with what’s next for…
14 January 2026
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T-Mobile stock slides again after $2 billion bond deal; Samsung retail-media test in focus

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

New York, Jan 13, 2026, 20:51 ET — The market has closed. T-Mobile US shares dropped 3.97% to $189.67 on Tuesday, marking a second day of declines and underperforming larger U.S. wireless competitors amid a broader market pullback. Verizon shares slipped 2.08%, while AT&T fell 1.85%. Meanwhile, T-Mobile’s trading volume climbed to roughly 7.6 million shares, well above its 50-day…
14 January 2026
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Stock Market Today

  • Auction Technology Group Comments on FitzWalter Capital's Rule 2.8 Announcement
    February 2, 2026, 4:55 AM EST. Auction Technology Group PLC confirmed on 2 February 2026 that FitzWalter Capital Limited does not intend to make an offer for the company. FitzWalter is therefore subject to the restrictions under Rule 2.8 of the City Code on Takeovers and Mergers, which limits further actions for a period. The ATG Board expressed gratitude for shareholder engagement and support from customers and employees. They also noted plans to maintain constructive dialogue with FitzWalter despite the offer prospect ending. Rule 2.8 prevents FitzWalter from acquiring more shares for a limited time to ensure an orderly process.
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