Today: 7 February 2026
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Shan Ahmed Khan

As a journalist focused on finance and the stock market, he delivers fast, reliable, and easy-to-understand coverage of market news.

Micron stock jumps on $7.8 million insider buy as big banks lift AI-memory targets

Micron stock jumps on $7.8 million insider buy as big banks lift AI-memory targets

New York, Jan 16, 2026, 09:55 EST Micron Technology shares rose more than 6% in premarket trading on Friday after a company director disclosed buying about $7.8 million of stock this week. The move came as Barclays, Wells Fargo and Citi lifted their price targets on the memory-chip maker. (TipRanks) The run-up underscores how quickly money has been flowing back into memory stocks, long seen as cyclical bets, on expectations that artificial-intelligence servers will keep soaking up chips. Micron and SanDisk, along with Western Digital and Seagate Technology, were among the gainers, as investors bet higher prices for DRAM —
16 January 2026
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Ameren urges Illinois, Missouri customers to seek up to $600 in bill aid as winter costs climb

Ameren urges Illinois, Missouri customers to seek up to $600 in bill aid as winter costs climb

ST. LOUIS, Jan. 16, 2026, 08:52 CST Ameren is pushing Illinois customers to seek up to $500 in bill-payment aid via its Warm Neighbors Cool Friends program. The new phase of winter assistance has launched amid utility warnings about continued pressure on household finances. (The Sun) U.S. electricity prices continue their upward climb, hitting residential customers harder than many big commercial users. According to The Washington Post, prices have surged roughly 40% since February 2020. Residential rates alone jumped 10% between 2022 and 2024, while commercial rates crept up just 3% over the same period. Federal aid remains part of
16 January 2026
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Nvidia CEO Jensen Huang shuts down “God AI” hype — and says AI will still “eat software”

Nvidia CEO Jensen Huang shuts down “God AI” hype — and says AI will still “eat software”

SAN FRANCISCO, Jan 16, 2026, 06:41 PST Nvidia chief executive Jensen Huang said the tech world is nowhere close to creating a so-called “god AI” — shorthand for a single, all-knowing system that can fully “understand” everything from human language to biology and physics. “I don’t see any researchers having any reasonable ability to create god AI… That god AI just doesn’t exist,” Huang said. (TechRadar) The remarks land as companies rush to roll out AI features and build out the computing to run them, while regulators and workers ask the same question in different ways: what happens when the
16 January 2026
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Grab stock price bounces as Indonesia ride-hailing decree risk hangs over GRAB shares

Grab stock price bounces as Indonesia ride-hailing decree risk hangs over GRAB shares

NEW YORK, Jan 16, 2026, 09:54 EST — Market hours underway. Shares of Grab Holdings climbed 2.7% to $4.51 in early Nasdaq trading Friday, bouncing between $4.42 and $4.60 beforehand. The stock took a hit this week after Reuters reported that Indonesia is considering a draft presidential decree to slash the commission cap ride-hailing companies can charge drivers—from 20% down to 10%. The decree would also make these platforms fully responsible for accident and death insurance. It includes provisions for sharing health, old-age, and pension premiums, though the timing and final details remain unclear. (Reuters) Commission is the share a
16 January 2026
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Ondas Holdings stock climbs as investor day lifts 2026 revenue target

Ondas Holdings stock climbs as investor day lifts 2026 revenue target

New York, Jan 16, 2026, 10:06 (EST) — Regular session Shares of Ondas Holdings Inc jumped in morning trading Friday following the drone and private wireless company’s boost to its 2026 revenue forecast. The firm also unveiled preliminary 2025 revenue numbers ahead of its investor presentation. This update is crucial as the company works to persuade investors that its defense-and-security contracts can generate steady revenue, rather than just one-time wins. Setting a higher bar matters especially now, with traders hunting for clues in smaller autonomous-systems firms that can react sharply to fresh data. Timing plays a role too. Ondas is
16 January 2026
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Regions Financial stock slips premarket after Q4 earnings; 2026 interest-income outlook in focus

Regions Financial stock slips premarket after Q4 earnings; 2026 interest-income outlook in focus

New York, Jan 16, 2026, 08:48 ET — Premarket Regions Financial shares slipped 1.2% in premarket trade Friday following the release of its fourth-quarter earnings and a preview of its 2026 outlook. (Reuters) The update arrives amid earnings season for the U.S. banking sector, as investors scramble to gauge how shifting rate expectations will impact loan growth, funding costs, and credit conditions. Net interest income — the spread between what banks earn on loans and what they pay out to depositors — usually sets the short-term tone. Even a slight shift in deposit rates or the yield curve can move
16 January 2026
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PainReform PRFX stock jumps in premarket after company rebrands as PRF Technologies

PainReform PRFX stock jumps in premarket after company rebrands as PRF Technologies

NEW YORK, Jan 16, 2026, 09:12 EST — Premarket PainReform Ltd shares rose in premarket trading on Friday following the company’s announcement that it has rebranded as PRF Technologies Ltd. The microcap firm said the new name signals an expansion beyond its initial focus on pain therapy. The name change is significant because PainReform was mainly evaluated based on a single clinical program. Now, it’s pitching investors on a broader portfolio, which could shift what moves the stock on any given day. The timing couldn’t be more telling, as traders rush toward clean “story” catalysts in thinly traded stocks. But
16 January 2026
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Intel stock slips as analyst tone shifts ahead of earnings

Intel stock slips as analyst tone shifts ahead of earnings

New York, Jan 16, 2026, 09:41 EST — Regular session Shares of Intel Corp (INTC) slipped 0.8% to $48.32 in early Friday trading, hitting the brakes after a strong rally earlier this year. The pullback arrives as investors debate if the upbeat sentiment around Intel’s turnaround can last until next week’s earnings, with a focus on its contract chipmaking efforts. Intel has surged 31% in 2026, but some money managers note a sharp shift in mood. “It’s back from the dead,” said Kim Forrest, chief investment officer at Bokeh Capital Partners. (The Business Times) Citi raised Intel to Neutral from
16 January 2026
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PNC stock rises premarket as earnings beat fuels buyback focus

PNC stock rises premarket as earnings beat fuels buyback focus

New York, Jan 16, 2026, 08:48 EST — Premarket Shares of PNC Financial Services Group gained 1.5% in premarket action Friday following a fourth-quarter earnings beat and an announcement of accelerated share buybacks. The stock was last indicated at $218.46. (Nasdaq) The results come at a sensitive time for bank stocks, as investors search for clues that net interest income—the gap between what banks make on loans versus what they pay on deposits—can withstand rising funding costs. For PNC, the mix is crucial: straightforward banking on one hand, deal fees on the other. PNC reported net income of $2.03 billion,
16 January 2026
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BigBear.ai (BBAI) stock in focus before the open as $125 million notes convert — and a dilution vote looms

BigBear.ai (BBAI) stock in focus before the open as $125 million notes convert — and a dilution vote looms

New York, Jan 16, 2026, 09:28 EST — Premarket Shares of BigBear.ai Holdings, Inc slipped about 1.3% to $6.17 in premarket trading Friday after the company announced the full conversion of $125 million in convertible senior secured notes due 2029 into common stock. The move wiped out roughly $125 million in debt without a significant cash payout. Following the transaction, the company’s note-related debt shrank to around $17 million, linked to convertible notes maturing in December 2026. (BigBear.ai Holdings, Inc.) Why it matters now: convertible notes are debt that can convert into shares, and that trade-off is out in the
16 January 2026
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Kalshi’s $100 Million “Combos” Ignite a Parlay Race With Polymarket in U.S. Sports Betting

Kalshi’s $100 Million “Combos” Ignite a Parlay Race With Polymarket in U.S. Sports Betting

New York, January 16, 2026, 08:34 EST Kalshi revealed its new “Combos” product for multi-leg sports bets hit over $100 million in trading volume in just one week—a rare peek into the rapid growth of prediction markets in sports. Parlays, which pay out only if every leg wins, made up 63% of New Jersey’s online sports betting revenue through October. Both Kalshi and competitor Polymarket are racing to roll out similar offerings. Polymarket has dangled a $50 bonus for its first multi-leg bet launch. Meanwhile, DraftKings and Flutter’s FanDuel have launched prediction products in states where online sports betting remains
16 January 2026
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Francesca’s liquidation sale starts as women’s boutique chain moves toward shutdown

Francesca’s liquidation sale starts as women’s boutique chain moves toward shutdown

NEW YORK, January 16, 2026, 08:39 EST Francesca’s is set to start clearing out its inventory this Friday as it moves toward closing its doors, Women’s Wear Daily reported. https://wwd.com/business-news/retail/francescas-inventory-shut-down-operations-womens-fashion-1238455030/ This move matters because it signals a rapid collapse at a specialty retailer reliant on a steady flow of fresh products and strict vendor credit terms. Liquidations can get messy fast, especially when suppliers claim unpaid debts. One vendor told WWD the selloff was expected to involve goods that hadn’t been paid for yet, a situation that often triggers ownership disputes once discounts start. According to the report, the vendor
16 January 2026
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Stock Market Today

Nvidia stock jumps nearly 8% as Big Tech AI spending bets lift chipmakers and Dow tops 50,000

Nvidia stock jumps nearly 8% as Big Tech AI spending bets lift chipmakers and Dow tops 50,000

7 February 2026
Nvidia surged 7.8% Friday, leading a chip stock rally that pushed the Dow above 50,000 for the first time. The PHLX semiconductor index gained 5.7% as Advanced Micro Devices rose 8.3% and Broadcom 7.1%. Amazon fell 5.6% after projecting $200 billion in 2026 capital spending. Investors weighed a $600 billion AI infrastructure outlay against sharp losses in software shares.
Glencore share price steadies after Rio Tinto walks away — what to watch next week

Glencore share price steadies after Rio Tinto walks away — what to watch next week

7 February 2026
Glencore shares closed up 0.6% at 478.1 pence Friday, rebounding after a 7% drop following the collapse of merger talks with Rio Tinto. The company is expected to announce the sale of its Kazzinc stake soon and has signed a non-binding agreement with Orion for a potential $9 billion deal in the DRC. Investors await Glencore’s full-year results on Feb. 18 for further guidance.
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