Khadija Saeed

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

Merck stock dips after $32 billion Revolution Medicines talks report, with Gardasil and Keytruda in focus

Merck stock dips after $32 billion Revolution Medicines talks report, with Gardasil and Keytruda in focus

New York, Jan 9, 2026, 20:01 (EST) — Market closed. Merck & Co (MRK.N) shares slipped on Friday following reports that the pharma giant is in talks to acquire cancer-focused biotech Revolution Medicines (RVMD.O) for as much as $32 billion. Merck ended the day down 0.4% at $110.53, after swinging between $110.26 and $112.46. (Reuters) The possible bid comes as…
Goldman Sachs stock edges higher before CPI and a packed week of bank earnings

Goldman Sachs stock edges higher before CPI and a packed week of bank earnings

NEW YORK, January 9, 2026, 20:00 EST — Market closed. Shares of The Goldman Sachs Group Inc (GS) closed Friday up roughly 0.4%, finishing at $938.98, gaining $4.15 from Thursday’s close. The stock fluctuated between $932.84 and $946.14 during the session, with around 1.1 million shares changing hands. Goldman now faces a hectic period as major U.S. banks prepare to…
Credo Technology stock jumps on Needham “Top Pick” call as CEO sale filing hits tape

Credo Technology stock jumps on Needham “Top Pick” call as CEO sale filing hits tape

New York, Jan 9, 2026, 20:26 EST — Market closed Shares of Credo Technology Group Holding Ltd (CRDO) climbed 6.2% to $150.42 on Friday. Needham stuck with a buy rating, set a $220 price target, and added the AI connectivity supplier to its conviction list. The stock fluctuated between $141.34 and $157.47, valuing the company at roughly $32.5 billion. (Investing)…
BitMine (BMNR) stock slides as new CFO/COO named — and a key share vote is days away

BitMine (BMNR) stock slides as new CFO/COO named — and a key share vote is days away

New York, January 9, 2026, 19:58 EST — After-hours BitMine Immersion Technologies, Inc. (BMNR) shares fell 3.9% to close at $30.06 on Friday following the appointment of Young Kim as CFO and COO. Trading volume hit around 37.6 million shares. The timing is crucial. BitMine’s annual shareholder meeting is just days away, and on the agenda is a proposal to…
NuScale Power stock jumps after Bank of America upgrade as Meta nuclear pacts lift SMR trade

NuScale Power stock jumps after Bank of America upgrade as Meta nuclear pacts lift SMR trade

New York, Jan 9, 2026, 19:58 (ET) — After-hours NuScale Power Corp shares climbed late Friday following a Bank of America upgrade. The small modular reactor developer—known for its factory-built nuclear units—was raised to neutral with a $28 price target, MarketBeat said. The stock was last up 4.3% at $20.51, after reaching $22.49 earlier in the day, per market data.…
AbbVie stock slips after $1.3 billion R&D charge and Revolution Medicines rumor — what investors watch next

AbbVie stock slips after $1.3 billion R&D charge and Revolution Medicines rumor — what investors watch next

New York, January 9, 2026, 20:18 (EST) — Market closed AbbVie Inc. shares dropped 1.8% on Friday, closing at $220.08. The decline followed the drugmaker’s decision to lower its 2025 earnings forecast and a denial of reports suggesting it was in talks to acquire cancer-drug developer Revolution Medicines. Since 2023, AbbVie has spent over $20 billion on acquisitions, aiming to…
CrowdStrike stock bounces as $740 million SGNL deal and fresh upgrade shift focus to identity security

CrowdStrike stock bounces as $740 million SGNL deal and fresh upgrade shift focus to identity security

New York, Jan 9, 2026, 20:15 EST — Market closed CrowdStrike Holdings Inc shares gained 1.4%, closing at $470.61 on Friday, recovering some losses after the company announced a $740 million acquisition of identity security startup SGNL and received an analyst upgrade. The timing is crucial because “identity”—the log-ins and permissions controlling access to company data—has grown into a major…
P&G stock in focus after Crest toothpaste label change — what to watch before Jan. 22 earnings

P&G stock in focus after Crest toothpaste label change — what to watch before Jan. 22 earnings

NEW YORK, Jan 9, 2026, 20:06 EST — Market closed Procter & Gamble is changing the packaging and marketing for its Kid’s Crest toothpaste after Texas Attorney General Ken Paxton said label artwork encouraged unsafe fluoride use by children. Paxton said the rollout began on Jan. 1 and the company must keep the changes in place for five years. P&G…
Uber stock dips after CES robotaxi buzz meets fresh regulatory heat

Uber stock dips after CES robotaxi buzz meets fresh regulatory heat

NEW YORK, January 9, 2026, 20:06 EST — Market closed Uber Technologies (UBER) shares dropped 2.45%, closing at $85.44 on Friday and ending a three-day winning streak. The Nasdaq Composite climbed 0.81%, while DoorDash slid 3.81%, according to MarketWatch data. Uber’s volume came in at 15.4 million shares, below its 50-day average, with the stock finishing roughly 16% under its…
Zillow stock stumbles after Mizuho downgrade flags listing-access fight and Flex legal risk

Zillow stock stumbles after Mizuho downgrade flags listing-access fight and Flex legal risk

NEW YORK, Jan 9, 2026, 19:26 EST Zillow Group shares fell on Friday after Mizuho downgraded the online real estate marketplace to Neutral from Outperform and cut its price target to $70 from $100, citing uncertainty over access to home listings and legal risks. Zillow’s class A shares (ZG) were down about 2% in late trade. (Investing.com Canada) The call…
SpaceX Falcon 9 lifts off with 29 Starlink satellites as FCC clears bigger buildout

SpaceX Falcon 9 lifts off with 29 Starlink satellites as FCC clears bigger buildout

CAPE CANAVERAL, Florida, Jan 9, 2026, 19:27 EST SpaceX launched 29 Starlink internet satellites into orbit on Friday on a Falcon 9 rocket from Cape Canaveral, Florida. The first-stage booster landed at sea on the droneship A Shortfall of Gravitas after stage separation, and SpaceX later confirmed the satellites were deployed. Spaceflightnow The flight came as U.S. regulators moved to…
Coca-Cola stock climbs into after-hours as KO regains $70 — here’s what markets watch next

Coca-Cola stock climbs into after-hours as KO regains $70 — here’s what markets watch next

New York, January 9, 2026, 19:43 EST — After-hours Coca-Cola shares rose roughly 0.3% to $70.51 in after-hours trading on Friday, following a 1.4% gain to $70.31 during the regular session. The stock fluctuated between $69.12 and $70.42 throughout the day. (Yahoo Finance) Investors reacted to a U.S. jobs report revealing slower hiring in December alongside a slight drop in…
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Stock Market Today

  • Deutsche Bank Sees Dotcom Bubble Echoes in Software Sector Selloff
    February 6, 2026, 6:37 AM EST. The recent selloff in corporate software shares, linked to AI-driven efficiencies, recalls the dotcom bubble's early days, Deutsche Bank's Henry Allen noted. Despite software stocks in the S&P 500 falling nearly 30% from October highs, the broader market remains resilient, with defensive sectors like energy and consumer staples gaining ground. Allen compared this sector rotation to 2000 when tech declines were offset by gains in other areas, keeping the index near record levels for months. However, he warned prolonged sell-offs in dominant sectors eventually pressured the entire index, as seen when the S&P 500 ended 2000 down over 10%. Analysts emphasize the current AI-driven shift differs fundamentally from the dotcom crash, suggesting a more complex market adaptation ahead.
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