Khadija Saeed

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

Intuit stock sinks nearly 5% after insider sale filings hit tape; what’s next for INTU

Intuit stock sinks nearly 5% after insider sale filings hit tape; what’s next for INTU

NEW YORK, Jan 3, 2026, 11:26 ET — Market closed Intuit Inc. shares fell 5% in the first session of 2026, ending Friday at $629.46. The stock traded as low as $622.31 and as high as $665.02, with volume of about 2.7 million shares. The drop mattered because it landed just as investors reset positioning for the new year and ahead of the U.S. tax season, when Intuit’s TurboTax business typically becomes a major focus for traders. The move also stood out on a day when major U.S. indexes were little changed. Reuters The selling pressure coincided with a flurry
Caterpillar stock jumps toward $600 as 2026 trading starts; Wolfe lifts CAT target

Caterpillar stock jumps toward $600 as 2026 trading starts; Wolfe lifts CAT target

New York, Jan 3, 2026, 11:27 ET — Market closed Caterpillar Inc. shares last closed up $25.42, or 4.4%, at $598.41, outperforming most large industrial names on the first trading day of 2026. The move matters because Caterpillar is a high-priced component of the Dow, a price-weighted index where bigger-dollar stocks can sway the benchmark more than lower-priced names. Reuters said Caterpillar and Boeing were among the Dow’s biggest boosts on Friday. Reuters Caterpillar’s jump came as investors rotated back into cyclical and industrial shares while chipmakers rallied, helping Wall Street snap a four-session losing streak. Traders are also recalibrating
Exxon stock hits $122.65 to start 2026 — here’s what traders are watching next

Exxon stock hits $122.65 to start 2026 — here’s what traders are watching next

NEW YORK, January 3, 2026, 11:20 ET — Market closed Exxon Mobil Corporation shares closed higher on Friday, rising 1.9% to $122.65 in the first U.S. trading session of 2026. The move matters now because investors are resetting positions at the start of the year, with value sectors drawing interest even as big tech weighed on broader benchmarks. U.S. stocks ended mixed on Friday, with the Dow up 0.66% and the S&P 500 up 0.19%. Reuters Energy also remains tied to the next swing in crude prices, with OPEC+ set to meet on Sunday as the market debates whether supply
BitMine (BMNR) stock jumps 15% as Tom Lee presses 50‑billion authorized-share vote — what investors watch next

BitMine (BMNR) stock jumps 15% as Tom Lee presses 50‑billion authorized-share vote — what investors watch next

NEW YORK, January 3, 2026, 11:15 ET — Market closed BitMine Immersion Technologies, Inc. shares jumped 14.9% on Friday, ending at $31.19, after the crypto-focused company stepped up its push for shareholders to approve a sharp increase in the number of shares it is authorized to issue. MarketBeat The vote matters because “authorized shares” set the legal ceiling on how much stock a company can issue under its charter — a key constraint for fundraising, acquisitions and stock splits. BitMine is asking investors to approve a charter amendment that would raise that limit to 50 billion shares from 500 million.
Visa stock ends lower on 2026’s first session as CEO sale notice lands; jobs data next

Visa stock ends lower on 2026’s first session as CEO sale notice lands; jobs data next

NEW YORK, Jan 3, 2026, 11:13 ET — Market closed Visa Inc (NYSE: V) shares fell 1.21% to $346.48 on Friday, the first U.S. trading session of 2026. A filing dated Jan. 2 showed Chief Executive Ryan McInerney filed a Form 144 to sell 10,485 shares, while the stock traded between $343.48 and $350.05 on the day. Visa The move matters now because Visa stock is widely treated as a high-quality proxy for consumer spending and travel. Early-year repositioning can make the group more sensitive to shifts in the economic narrative and interest-rate expectations. Visa’s decline came even as the
Carvana stock drops 5% to start 2026 as insider sale notices surface — what CVNA investors watch next

Carvana stock drops 5% to start 2026 as insider sale notices surface — what CVNA investors watch next

NEW YORK, Jan 3, 2026, 11:11 ET — Market closed Carvana Co (CVNA) shares closed down 5.2% at $400.25 on Friday, after trading between $390.87 and $426.90 in the first session of 2026. The online used-car retailer joined the benchmark S&P 500 in December, a move that can broaden ownership via index funds and raise day-to-day sensitivity to headlines. News Release Archive That matters at the start of a new year, when portfolios are being reset and momentum stocks can see sharper moves on thin flows and shifting risk appetite. Two Form 144 notices filed after Friday’s close showed an
GE Vernova stock (GEV) rises nearly 4% to kick off 2026 — what traders watch next

GE Vernova stock (GEV) rises nearly 4% to kick off 2026 — what traders watch next

NEW YORK, Jan 3, 2026, 11:15 ET — Market closed GE Vernova (GEV.N) shares closed up about 3.8% on Friday at $679.55, extending a year-end rally as U.S. markets head into the weekend. U.S. markets are closed on Saturday. The move matters because the first full week of 2026 brings rate-sensitive catalysts that can swing “AI infrastructure” trades — companies tied to the buildout of power and data-center capacity. The U.S. employment report due Jan. 9 and consumer price index data due Jan. 13 sit at the center of that calendar. Reuters Broader markets offered a tailwind on Friday, with
Costco stock ends lower as analysts brace for a slower December sales print

Costco stock ends lower as analysts brace for a slower December sales print

NEW YORK, Jan 3, 2026, 11:09 ET — Market closed Costco Wholesale Corp shares (COST.O) ended Friday down 0.9% at $854.50, ahead of the warehouse retailer’s closely watched December sales update next week. The stock traded between $852.59 and $865.23 in the session. Costco The January sales print matters because Costco reports monthly comparable sales — revenue at stores open at least a year — between quarterly earnings, giving investors a quicker read on demand after the holiday season. Those updates can reset expectations early in the year, especially when gas prices and currency moves distort headline growth. Costco Costco
Adobe stock slides 4.8% to start 2026 as ADBE investors eye jobs data and March earnings

Adobe stock slides 4.8% to start 2026 as ADBE investors eye jobs data and March earnings

NEW YORK, Jan 3, 2026, 11:05 ET — Market closed Adobe Inc shares slid 4.8% on Friday, ending the first U.S. trading session of 2026 at $333.30. Investing The decline put the software maker on the back foot as investors head into a week where U.S. data is expected to set the tone for rate expectations and risk appetite. Reuters The U.S. employment report for December is due on Jan. 9, the Bureau of Labor Statistics said, and investors are watching it for signals on the Federal Reserve’s next steps. Bureau of Labor Statistics Fed funds futures — derivatives often
Applied Materials stock jumps 4.6% to start 2026 — here’s what could move AMAT next week

Applied Materials stock jumps 4.6% to start 2026 — here’s what could move AMAT next week

NEW YORK, January 3, 2026, 11:00 ET — Market closed Applied Materials, Inc. (AMAT) shares rose 4.6% on Friday to close at $268.87, after trading between $260.00 and $271.21. The move matters because Applied sells the tools used to build semiconductor wafers — the thin silicon discs chips are made on — making its stock a read-through on factory spending. Chip-equipment names can amplify shifts in sentiment because orders tend to track multi-quarter budget cycles. That sensitivity is in focus at the start of the year as investors reassess how much to pay for tech and “AI trade” exposure. Rate
Coinbase stock rises after Brian Armstrong maps 2026 ‘everything exchange’ push

Coinbase stock rises after Brian Armstrong maps 2026 ‘everything exchange’ push

New York, Jan 3, 2026, 11:02 ET — Market closed Coinbase Global (COIN.O) shares rose 4.6% to $236.53 in Friday’s session after CEO Brian Armstrong laid out a 2026 plan to build what he called an “everything exchange” that stretches beyond cryptocurrencies. Decrypt The update matters because Coinbase’s results often track crypto market activity, which can swing sharply with prices and risk appetite. Investors have been looking for signs the company can add steadier growth lines, especially in payments and regulated products. It also lands as U.S. lawmakers weigh new rules for digital assets and after Washington set a federal
Lam Research stock jumps 8% to start 2026 as chip-tool shares rally — what LRCX investors watch next

Lam Research stock jumps 8% to start 2026 as chip-tool shares rally — what LRCX investors watch next

NEW YORK, January 3, 2026, 10:49 ET — Market closed Lam Research Corp shares closed up 8.1% on Friday at $185.06, finishing the first session of 2026 with one of the strongest large-cap moves in semiconductor equipment. The jump matters now because investors are repricing the 2026 outlook for chipmaking tools just as Washington’s China policy keeps shifting. Equipment demand can change quickly when trade rules change how easily tools move across borders. Lam sells wafer fabrication equipment — the machines that etch and deposit materials on silicon wafers to make chips. Orders for those tools typically follow customers’ capital-spending

Stock Market Today

BAT share price closes near 52-week high as buyback rolls on ahead of results week

BAT share price closes near 52-week high as buyback rolls on ahead of results week

7 February 2026
British American Tobacco shares closed up 1.2% at 4,609 pence Friday, near a 52-week high. The company disclosed further share buybacks and management share purchases ahead of its Feb. 12 full-year results. BAT bought 121,668 shares for cancellation on Feb. 5. Investors await updates on nicotine alternatives and cash returns.
Anglo American share price slips as BofA turns neutral after copper outlook cut

Anglo American share price slips as BofA turns neutral after copper outlook cut

7 February 2026
Anglo American shares closed down 0.75% at 3,435 pence Friday after BofA Global Research downgraded the miner to “neutral” and raised its price target to 3,600 pence. Anglo cut its 2026 copper production guidance and warned of continued weakness at De Beers. The company expects $200 million in charges tied to its Chile copper operations in the second half of 2025.
Amazon’s $200B AI Spending Jolt Spurs Stock Selloff as Big Tech Capex Nears $650B

Amazon’s $200B AI Spending Jolt Spurs Stock Selloff as Big Tech Capex Nears $650B

7 February 2026
Amazon shares fell Friday after the company announced a $200 billion AI infrastructure plan for 2026, exceeding analyst expectations and reviving investor concerns about profitability. Combined 2026 capex flagged by Amazon, Alphabet, Microsoft, and Meta now tops $630 billion. Nvidia, AMD, and Broadcom shares surged on the news, while software and data firms remained under pressure.
Go toTop