Today: 7 February 2026
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Citigroup CEO Jane Fraser’s blunt memo puts Citi job cuts and AI overhaul back in focus

Citigroup CEO Jane Fraser’s blunt memo puts Citi job cuts and AI overhaul back in focus

Citigroup will cut about 1,000 jobs this week, part of a plan to eliminate up to 20,000 positions by 2026 as automation and AI expand across the bank. CEO Jane Fraser told staff performance will be judged on results, with some roles becoming obsolete. The update follows Citi’s 2025 earnings release and a renewed push to boost returns. The bank reported a sharp rise in financial advisory fees and increased use of AI tools.
16 January 2026
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Thermo Fisher stock price holds near $625 after-hours as earnings date nears and AI push widens

Thermo Fisher stock price holds near $625 after-hours as earnings date nears and AI push widens

Thermo Fisher Scientific (TMO) rose $2.85 to close at $624.65 Thursday, holding gains in after-hours trading. The company will report Q4 and full-year results Jan. 29, following headlines on a leadership shakeup and a new AI lab-automation partnership with Nvidia. COO Michel Lagarde and EVP Frederick Lowery will depart by March. CEO Marc Casper will become chairman in March.
16 January 2026
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Bloom Energy stock pops again after hours — why BE is moving and what traders watch next

Bloom Energy stock pops again after hours — why BE is moving and what traders watch next

Bloom Energy shares rose 4.3% to $139.17 in after-hours trading Thursday, briefly reaching $144.41. The gain follows news of a $2.65 billion fuel-cell supply deal with American Electric Power tied to a Wyoming plant. The contract depends on conditions expected to be met by Q2 2026. Investors await Bloom’s next earnings report, likely in late February.
16 January 2026
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BitMine (BMNR) stock drops after-hours after $200 million MrBeast investment disclosure

BitMine (BMNR) stock drops after-hours after $200 million MrBeast investment disclosure

BitMine Immersion Technologies shares dropped 5.7% to $30.87 in after-hours trading Thursday after announcing a planned $200 million equity investment in Beast Industries, founded by YouTuber MrBeast. The company urged shareholders to approve an increase in authorized shares, warning it may soon run out. BitMine did not specify how it would fund the deal. About 46.8 million shares traded hands.
16 January 2026
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Boeing stock rises after-hours as UPS crash probe update lands, earnings loom

Boeing stock rises after-hours as UPS crash probe update lands, earnings loom

Boeing shares rose 2.1% to $247.74 in after-hours trading Thursday after reporting 600 aircraft deliveries in 2025, a 72% increase, and surpassing Airbus in net orders for the first time since 2018. The NTSB cited fatigue cracks in a UPS MD-11 crash investigation, referencing a Boeing service letter from 2011. Boeing reached tentative settlements with a family affected by the 2019 Ethiopian Airlines crash. Fourth-quarter earnings are due Jan. 27.
16 January 2026
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Wells Fargo stock slips after hours as earnings miss, 2026 outlook and credit-card cap talk weigh on WFC

Wells Fargo stock slips after hours as earnings miss, 2026 outlook and credit-card cap talk weigh on WFC

Wells Fargo shares slipped 0.3% to $88.96 in after-hours trading Thursday, following a 4.6% drop after the bank missed profit estimates and cut its 2026 net interest income outlook. The bank reported $5.4 billion in fourth-quarter net income and repurchased $5 billion in stock. Investors are watching Washington’s proposed credit-card rate cap and upcoming bank earnings.
16 January 2026
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Western Digital stock jumps after Barclays, Wells lift targets as AI storage trade heats up

Western Digital stock jumps after Barclays, Wells lift targets as AI storage trade heats up

Western Digital shares climbed 3.3% to $222.10 in after-hours trading Thursday after several analysts raised price targets, citing strong AI-driven demand for storage. Barclays and Wells Fargo issued bullish calls, while Goldman Sachs remained cautious. Seagate and SanDisk also advanced. Investors await Western Digital’s quarterly results on January 29.
16 January 2026
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AST SpaceMobile stock tops $100 as ASTS rally stretches into late trade

AST SpaceMobile stock tops $100 as ASTS rally stretches into late trade

AST SpaceMobile shares jumped 6.4% to $101.25 after hours Thursday, reaching an intraday high of $106.88. The move followed defense contract news and signs of rising demand for satellite-to-phone service. No new financial results or SEC filings were released. Investors are watching if the stock holds above $100 and await the next quarterly report, expected in early March.
16 January 2026
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Bank of America stock steadies after earnings whiplash as rate-cap risk hangs over banks

Bank of America stock steadies after earnings whiplash as rate-cap risk hangs over banks

Bank of America shares rose 0.2% to $52.59 in after-hours trading Thursday as investors weighed strong net interest income forecasts against policy risks from proposed credit-card rate caps. The bank reported fourth-quarter net income of $7.6 billion, beating estimates, and projected 7% net interest income growth this quarter. Average loans climbed 8% year-over-year. Attention shifts to the Fed’s Jan. 27-28 meeting.
16 January 2026
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UnitedHealth stock climbs as UnitedHealthcare rolls out fast-pay Medicare Advantage pilot for rural hospitals

UnitedHealth stock climbs as UnitedHealthcare rolls out fast-pay Medicare Advantage pilot for rural hospitals

UnitedHealth shares rose 1.2% to $338.96 after launching a six-month pilot to speed up Medicare Advantage payments to rural hospitals in four states. The initiative aims to cut collection times to under 15 days. Investors await UnitedHealth’s 2025 earnings and 2026 forecast, due Jan. 27. The company faces scrutiny after a Senate report accused it of aggressive coding practices, which UnitedHealth disputes.
16 January 2026
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Stock Market Today

Amazon stock tumbles on $200 billion AI spend plan — what to know before Monday

Amazon stock tumbles on $200 billion AI spend plan — what to know before Monday

7 February 2026
Amazon shares fell 5.6% to $210.32 on Friday after the company projected about $200 billion in 2026 capital expenditures, triggering investor concern over AI spending. The stock had already dropped 11.5% after-hours Thursday. Amazon forecast Q1 net sales of $173.5–$178.5 billion and operating income of $16.5–$21.5 billion. Analyst Gil Luria downgraded Amazon, citing rising investment as its cloud lead narrows.
AMD stock jumps 8% in chip rebound — what investors are watching before Monday

AMD stock jumps 8% in chip rebound — what investors are watching before Monday

7 February 2026
AMD shares jumped 8.2% to $208.44 Friday, trading on heavy volume as chip stocks rebounded and the Dow closed above 50,000 for the first time. The Philadelphia Semiconductor Index rose 5.7% after Amazon’s AI spending plans lifted sector estimates. Nvidia’s CEO cited surging AI chip demand. AMD’s rally followed a weak revenue outlook earlier in the week.
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