Today: 7 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.

Citigroup stock slides after-hours on reported job cuts as credit-card rate cap looms

Citigroup stock slides after-hours on reported job cuts as credit-card rate cap looms

Citigroup shares dropped 3% to $117.70 in after-hours trading Monday after reports the bank will cut about 1,000 jobs this week. The move comes as President Trump proposed a one-year 10% cap on credit card interest rates, rattling consumer lender stocks. Citi aims to cut 20,000 jobs by year-end. Major banks begin reporting earnings Tuesday, with investors watching for signs of tighter lending and rising delinquencies.
13 January 2026
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American Express stock sinks after Trump’s 10% credit-card rate cap idea — what AXP investors watch next

American Express stock sinks after Trump’s 10% credit-card rate cap idea — what AXP investors watch next

American Express shares dropped 4.3% in after-hours trading Monday after President Trump called for a one-year 10% cap on credit card interest rates. The move triggered declines across the credit sector, with Synchrony, Bread Financial, and Capital One falling 8% to 11%. Visa and Mastercard slipped about 1.8%. AmEx reports earnings Jan. 30.
13 January 2026
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Bank of America stock falls on Trump credit-card rate cap talk as CPI, earnings near

Bank of America stock falls on Trump credit-card rate cap talk as CPI, earnings near

Bank of America shares fell 1.2% to $55.19 in after-hours trading Monday after President Trump proposed capping credit card interest rates at 10%. Financial stocks dropped while the S&P 500 edged higher. Trump’s plan lacks enforcement details and would require congressional action, analysts said. Bank of America will report fourth-quarter earnings before the market opens Wednesday.
13 January 2026
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IREN stock jumps after Bernstein tags it a top AI pick as bitcoin holds near $91,000

IREN stock jumps after Bernstein tags it a top AI pick as bitcoin holds near $91,000

IREN shares jumped 9.3% Monday, outpacing other crypto miners as bitcoin hovered near $91,200 ahead of Tuesday’s U.S. CPI data. About 53 million IREN shares changed hands, with the stock trading between $45.85 and $51.62. Investors are watching IREN’s AI expansion and a $9.7 billion Microsoft deal, as well as upcoming earnings projected for February. Rate cut expectations have shifted after recent U.S. data.
13 January 2026
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AppLovin stock gains after the close as investors turn to Feb. 11 earnings test

AppLovin stock gains after the close as investors turn to Feb. 11 earnings test

AppLovin shares rose 1.7% to $658.65 Monday before holding steady after hours, as the S&P 500 and Dow hit record highs. The company will report fourth-quarter and full-year 2025 earnings on Feb. 11, followed by a management webinar. Investors are watching for signs of sustained ad demand and expansion beyond mobile. The SEC continues to investigate AppLovin’s data-collection practices.
13 January 2026
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Netflix stock barely budges after hours as Paramount sues over Warner Bros deal

Netflix stock barely budges after hours as Paramount sues over Warner Bros deal

Paramount sued Warner Bros Discovery in Delaware and launched a boardroom campaign to block its merger with Netflix, demanding more deal details and seeking board seats. Netflix shares dipped 0.03% to $89.41 in after-hours trading. Warner Bros stock fell 1.6%, while Paramount Skydance rose 0.8%. Investors await Netflix’s earnings and the tender-offer deadline next week.
12 January 2026
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Strategy stock jumps after-hours as MSTR buys $1.25 billion of bitcoin again — what investors watch next

Strategy stock jumps after-hours as MSTR buys $1.25 billion of bitcoin again — what investors watch next

Strategy Inc. bought 13,627 bitcoin for $1.25 billion last week, raising its total holdings to 687,410 BTC, funded by selling $1.25 billion in new shares. MSTR stock rose about 3% in after-hours trading. The company’s average purchase price was $91,519 per bitcoin. Strategy reported a $17.44 billion unrealized loss on its digital assets earlier this month.
12 January 2026
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CoreWeave stock (CRWV) jumps after CEO swats away Nvidia “circular financing” talk

CoreWeave stock (CRWV) jumps after CEO swats away Nvidia “circular financing” talk

CoreWeave shares jumped 12.1% to $89.93 in after-hours trading Monday after CEO Michael Intrator dismissed concerns over AI chip depreciation and “circular financing.” Goldman Sachs began coverage with a Neutral rating, citing strong AI cloud prospects but warning about high leverage. Moody’s identified CoreWeave as a key player in a projected $500 billion U.S. data-center investment surge this year.
12 January 2026
JPMorgan stock slides after Trump credit-card rate cap call; earnings and CPI due Tuesday

JPMorgan stock slides after Trump credit-card rate cap call; earnings and CPI due Tuesday

JPMorgan Chase shares fell 1.5% in after-hours trading Monday after President Trump called for a one-year 10% cap on credit-card interest rates, raising concerns over bank revenues. Bank of America dropped 1.6% and Citigroup slid 3.7%. UBS analysts said the proposal would require congressional approval. JPMorgan reports fourth-quarter earnings Tuesday morning.
12 January 2026
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Stock Market Today

Lucid stock jumps 14% as Dow tops 50,000 — what LCID investors watch next week

Lucid stock jumps 14% as Dow tops 50,000 — what LCID investors watch next week

7 February 2026
Lucid Group shares jumped 14% to $10.86 at Friday’s close, recovering from an 8% drop the previous day. The move followed a broad Wall Street rally that lifted high-volatility stocks. Lucid reported fourth-quarter deliveries of 5,345 vehicles and full-year deliveries of 15,841. Investors await Lucid’s Feb. 24 results for updates on cash and demand.
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