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.

Allegro MicroSystems stock jumps 6% as February Analyst Day sharpens focus on targets

Allegro MicroSystems stock jumps 6% as February Analyst Day sharpens focus on targets

Allegro MicroSystems surged 6.5% to $32.78 Wednesday after announcing an analyst day for Feb. 18 in Boston. The move outpaced chip sector peers as the Philadelphia Semiconductor Index fell 1.7%. Allegro will report Q3 results Jan. 29, with CEO Mike Doogue and CFO Derek D’Antilio set to host a call at 8:30 a.m. ET. The analyst day will be hybrid, with limited in-person attendance and a webcast.
14 January 2026
Constellation Software stock tumbles to new 52-week low as investors question acquisition-led growth

Constellation Software stock tumbles to new 52-week low as investors question acquisition-led growth

Constellation Software shares fell 6.3% to C$3,008.19 in Toronto Wednesday, touching a new 52-week low and leaving the stock down 43% from last year’s peak. The drop follows concerns over slowing organic growth despite a recent RBC price target hike to C$5,600. Constellation’s market cap stood near C$68 billion. The stock trades at 72.7 times earnings, well above the Canadian software industry average.
14 January 2026
Gold price hits $4,641 record as Powell probe and Fed cut bets send silver above $92

Gold price hits $4,641 record as Powell probe and Fed cut bets send silver above $92

Spot gold hit a record $4,641.40 an ounce Wednesday, with silver at $92.23, after softer U.S. core CPI data fueled bets on two Federal Reserve rate cuts this year. Analysts flagged increased volatility and profit-taking risk as margins narrowed. CME Group said it will adjust margin requirements for precious metals. Geopolitical tensions and political pressure on the Fed added to safe-haven demand.
14 January 2026
Bitcoin meets gold: 21Shares’ BOLD ETP lands on the London Stock Exchange

Bitcoin meets gold: 21Shares’ BOLD ETP lands on the London Stock Exchange

21Shares listed its Bitcoin Gold ETP, BOLD, on the London Stock Exchange, combining bitcoin and physical gold in a single security. The launch follows the UK’s lifting of its ban on certain crypto exchange-traded notes for retail investors. BOLD carries a 0.65% annual fee and had $40.1 million under management as of January 12. The product’s allocation shifts monthly based on asset volatility.
Concentrix stock jumps as CNXC sets 2026 cash-flow target after $1.5 billion goodwill write-down

Concentrix stock jumps as CNXC sets 2026 cash-flow target after $1.5 billion goodwill write-down

Concentrix shares rose 3.9% to $40.71 Wednesday after the company posted Q4 revenue of $2.55 billion and a $1.52 billion goodwill impairment charge. Adjusted profit and cash flow held steady, but BofA and Baird cut price targets, citing margin pressure. Concentrix forecast 2026 revenue of up to $10.18 billion and non-GAAP EPS as high as $12.07.
Coney Island finally gets its own BID — and a July 2026 launch is now on the clock

Coney Island finally gets its own BID — and a July 2026 launch is now on the clock

Coney Island’s business improvement district will launch July 1, 2026, after supporters confirmed city approval. The BID will cover Mermaid and Surf avenues, aiming to fund sanitation, safety, and promotions through property owner assessments. The district includes over 350 businesses and about 50,000 residents. Boundaries stretch from the New York Aquarium to West 33rd Street.
14 January 2026
Bitcoin breaks $96,000 as U.S. crypto regulation bill and softer inflation data lift prices

Bitcoin breaks $96,000 as U.S. crypto regulation bill and softer inflation data lift prices

Bitcoin rose 3.6% to nearly $96,876 as ether and XRP also advanced ahead of a Senate Banking Committee debate on crypto regulation. U.S. senators introduced a draft bill that would clarify oversight of digital assets and restrict stablecoin interest payouts. December CPI data showed core inflation up 0.2% for the month. The Federal Reserve is expected to pause rate hikes at its next meeting.
14 January 2026
UEC stock jumps nearly 11% as uranium supply squeeze talk returns — and a Feb. 27 vote looms

UEC stock jumps nearly 11% as uranium supply squeeze talk returns — and a Feb. 27 vote looms

Uranium Energy Corp shares jumped 10.8% to $17.23 Wednesday, outpacing sector gains as traders responded to tightening U.S. uranium supply. Anfield Energy disclosed a $4 million subscription receipt purchase by a Uranium Energy unit, pending shareholder approval by Feb. 27. U.S. uranium mine output is projected at 1 million pounds this year, far below annual consumption of over 50 million pounds, according to Reuters.
14 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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