Today: 3 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.

Lululemon stock rises after holiday-quarter outlook shifts to high end as LULU investors eye ICR

Lululemon stock rises after holiday-quarter outlook shifts to high end as LULU investors eye ICR

NEW YORK, Jan 12, 2026, 15:12 EST — Regular session Shares of lululemon athletica inc climbed roughly 3.2% to $210.43 Monday afternoon. The boost came after the company forecasted its fourth-quarter revenue and profit to hit the upper end of its previous guidance, driven by strong holiday demand. (Reuters) This update is crucial since the stock has acted as a…
12 January 2026
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Honeywell stock flat as new Google Cloud retail tech lands, Citi trims target ahead of earnings

Honeywell stock flat as new Google Cloud retail tech lands, Citi trims target ahead of earnings

New York, Jan 12, 2026, 15:00 EST — Regular session Shares of Honeywell International Inc (HON.O) ticked up roughly 0.1% to $207.5 in Monday afternoon trading, as investors digested the company’s latest product launches targeting retailers and warehouse operators. The timing is crucial as Honeywell prepares to release its fourth-quarter results and 2026 outlook on Jan. 29. Investors will be…
12 January 2026
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D.R. Horton stock rises as KBW trims target — what Wall Street is watching next

D.R. Horton stock rises as KBW trims target — what Wall Street is watching next

NEW YORK, Jan 12, 2026, 15:07 (ET) — Regular session D.R. Horton’s shares edged up roughly 1% to $158.82 Monday afternoon, even as Keefe Bruyette & Woods lowered its price target on the homebuilder. The firm cut the target to $168 from $175 but kept its market perform rating. (MarketScreener) This move is significant as the sector has been reacting…
12 January 2026
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SoFi stock slides as CEO Anthony Noto weighs Trump’s 10% credit-card rate cap

SoFi stock slides as CEO Anthony Noto weighs Trump’s 10% credit-card rate cap

New York, January 12, 2026, 14:50 EST — Regular session Shares of SoFi Technologies (SOFI.O) dropped 2.4% to $26.74 in afternoon trading Monday, wiping out earlier gains. The slide came after CEO Anthony Noto highlighted potential growth in personal loans tied to President Donald Trump’s plan to cap credit-card rates. The stock had climbed as high as $28.05 before dipping…
12 January 2026
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Nike stock dips even after Jefferies’ “buy aggressively” call — what NKE investors are watching next

Nike stock dips even after Jefferies’ “buy aggressively” call — what NKE investors are watching next

New York, Jan 12, 2026, 14:43 EST — Regular session Nike shares dropped 0.6% to $65.52 in Monday afternoon trading, despite Jefferies reaffirming its buy rating and naming the sportswear giant its top large-cap pick for 2026. Analyst Randal Konik said he “would buy shares aggressively” ahead of this week’s ICR consumer conference and maintained a $110 price target. (Barron’s)…
12 January 2026
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Verizon stock slips in regular trade as ex-dividend date hits, earnings loom

Verizon stock slips in regular trade as ex-dividend date hits, earnings loom

New York, Jan 12, 2026, 14:22 EST — Regular session Verizon Communications Inc shares slipped 1.6% to $39.81 by Monday afternoon, following a Friday close of $40.46. During the session, the stock fluctuated between $39.52 and $40.08, with roughly 18.7 million shares traded. The drop follows Verizon’s ex-dividend date, when shares begin trading without the upcoming dividend entitlement. According to…
12 January 2026
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Merck (MRK) stock slides as JPMorgan conference tests deal buzz and vaccine risk

Merck (MRK) stock slides as JPMorgan conference tests deal buzz and vaccine risk

New York, January 12, 2026, 14:42 EST — Regular session. Merck & Co shares slipped $1.26, or 1.1%, to $109.27 in Monday afternoon trading. The stock has fluctuated between $111.45 and $108.95 today. Investors want clarity on Merck’s next steps beyond Keytruda and its legacy blockbusters. The upcoming J.P. Morgan Healthcare Conference promises to bring that question into sharp focus.…
12 January 2026
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Goldman Sachs stock ticks up as Powell probe threat, rate-cap talk keep banks on edge

Goldman Sachs stock ticks up as Powell probe threat, rate-cap talk keep banks on edge

New York, Jan 12, 2026, 14:29 (EST) — Regular session The Goldman Sachs Group, Inc. (GS) shares climbed 0.6% to $944.73 in Monday’s afternoon trading. So far, the stock has fluctuated between $927.40 and $945.86 during the session. Investors are grappling with two Washington shocks at once: the Trump administration’s threat to indict Federal Reserve Chair Jerome Powell, and President…
12 January 2026
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Mastercard stock drops as Trump’s 10% credit-card rate cap plan rattles card-linked names

Mastercard stock drops as Trump’s 10% credit-card rate cap plan rattles card-linked names

New York, Jan 12, 2026, 14:25 (EST) — Regular session underway. Mastercard Incorporated shares slipped 1.7% to $565.93 in Monday afternoon trading, mirroring a wider drop in card-related stocks. Visa also dropped 1.7%, while American Express tumbled 4.2% during the same session. The moves followed U.S. President Donald Trump’s call to cap credit card interest rates at 10% for one…
12 January 2026
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Why Johnson & Johnson stock is up today: new Rybrevant data and earnings ahead

Why Johnson & Johnson stock is up today: new Rybrevant data and earnings ahead

New York, Jan 12, 2026, 2:38 PM EST — Regular session Shares of Johnson & Johnson climbed roughly 2.3% to $209.03 on Monday, pushing the stock near the high end of its trading range after new oncology data came out over the weekend. This move is crucial as major drugmakers face mounting pressure to demonstrate lasting growth ahead of earnings…
12 January 2026
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Reddit stock (RDDT) slips as insider selling hits the tape; CPI report is the next test

Reddit stock (RDDT) slips as insider selling hits the tape; CPI report is the next test

New York, Jan 12, 2026, 14:09 EST — Regular session Shares of Reddit, Inc. dropped roughly 1.1% to $241.85 on Monday, retreating after earlier trading between $251.54 and $238.53. The S&P 500 ETF SPY and Nasdaq-100 ETF QQQ each gained about 0.2%. Meanwhile, Meta slid, while Snap and Pinterest saw slight gains. Timing is crucial. Rate-sensitive growth stocks have been…
12 January 2026
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Salesforce stock gets new Goldman Buy call — here’s the next catalyst for CRM

Salesforce stock gets new Goldman Buy call — here’s the next catalyst for CRM

New York, Jan 12, 2026, 14:15 EST — Regular session Salesforce shares nudged higher Monday after Goldman Sachs analyst Gabriela Borges initiated coverage with a Buy rating and set a $330 price target. Borges highlighted AI adoption as a “positive tailwind” for software demand. The stock climbed 0.3% to $260.76 in mid-afternoon trading in New York. (TipRanks) The call comes…
12 January 2026
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Stock Market Today

  • Needham Cuts Marvell Technology Price Target Amid Mixed Analyst Ratings
    February 3, 2026, 8:34 AM EST. Needham & Company LLC lowered its price target for Marvell Technology (NASDAQ:MRVL) to $118 from $120 while maintaining a buy rating. This signals a less optimistic outlook despite a potential 50% upside. Other major firms showed varying views: JPMorgan raised its target to $130 with an overweight rating, Morgan Stanley set $112, and Wells Fargo increased theirs substantially to $135. The stock recently traded around $78.57 with a market cap of $66.63 billion. Marvell reported quarterly earnings of $0.76 per share, beating estimates slightly, with revenue up 36.8% year-over-year. The semiconductor company's 1-year stock range spans from $47.08 to $121.81. Analyst consensus remains moderately positive, but recent insider selling adds caution to the outlook.
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