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Penumbra (PEN) stock slides 5% after CEO flags manufacturing shift at JPM conference

Penumbra shares fell 5.2% to $302.70 Tuesday after CEO Adam Elsesser said the company will shift manufacturing from California. The stock touched a low of $290.42 before partially recovering. The move comes as investors weigh potential costs and disruptions. Penumbra’s market cap stood near $11.8 billion, below its 52-week high of $325.02.

13 January 2026

NYSE:PEN

IBM stock drops 3% even after BofA lifts target — what to watch before earnings

IBM shares fell about 3% Tuesday, underperforming a weaker U.S. market after Bank of America raised its price target but warned of a tougher 2026 setup. BofA expects $400 million in restructuring costs to weigh on fourth-quarter margins. Investors await IBM’s January 28 earnings for signals on software growth and cash flow. IBM’s $11 billion Confluent deal remains pending.

13 January 2026

Earnings Reports·NYSE:IBM·Technology

Disney stock slips even after new “Accumulate” call sets $130 target

Disney shares fell 0.4% Tuesday after Phillip Securities began coverage with an Accumulate rating and a $130 target. U.S. inflation rose 0.3% in December, keeping rate cut hopes alive and affecting media stock valuations. Investors are watching Disney’s Feb. 4 earnings release and the Fed’s upcoming meeting for further signals.

13 January 2026

Disney·NYSE:DIS·Stock Market

Firefly Aerospace stock slides nearly 9% as Alpha Block II upgrade puts Flight 7 launch in focus (FLY)

Firefly Aerospace shares fell 8.9% to $27.73 Tuesday afternoon, erasing early gains after the company announced an upgraded Alpha “Block II” rocket. Flight 7, set to launch in weeks from Vandenberg, will test new systems in “shadow mode.” The drop came amid a broader tech sell-off, with other space stocks also down.

13 January 2026

NASDAQ:FLY·Space Industry·Stock Market

Intuitive Machines (LUNR) stock drops 7% after $800 million Lanteris deal closes, filings in focus

Intuitive Machines shares fell about 7% to $17.85 Tuesday after closing its $800 million cash-and-stock acquisition of Lanteris Space Systems. An SEC filing detailed $403 million in cash and nearly 23 million shares issued, plus a receivables facility up to $250 million. Investors await updated financials and the next earnings report in March.

13 January 2026

NASDAQ:LUNR·Stock Market

Oklo stock slides in late trade as Meta nuclear deal meets insider selling and long timelines

Oklo shares fell 3.3% to $99.10 in late trading Tuesday after hitting an intraday high of $107.55. The drop followed news of CEO Jacob DeWitte’s insider share sales and updates on Meta-backed nuclear projects in Ohio. Oklo’s agreement with Meta targets a 1.2 GW power campus, with pre-construction work set for 2026. Broader nuclear stocks were mostly flat.

13 January 2026

NASDAQ:META·NASDAQ:OKLO·NYSE:VST·Stock Market

Asana stock drops 7% today as software names slide after CPI — what to watch next

Asana shares fell 7.1% to $12.04 Tuesday afternoon, underperforming major indexes after U.S. inflation data showed a 2.7% annual rise in December. The drop mirrored declines in other cloud software stocks. Company news was limited, though Asana launched a new automation feature late Monday. Investors are watching the Fed’s Jan. 27-28 meeting and Asana’s fiscal year-end on Jan. 31.

13 January 2026

NASDAQ:ASAN·NASDAQ:MNDY·NASDAQ:TEAM·NYSE:NOW·Stock Market

EchoStar stock slips as Crown Castle terminates DISH deal, raising fresh $3.5 billion overhang

EchoStar shares fell 2.6% to $122.79 after Crown Castle ended its tower lease deal with DISH Wireless, citing a payment default and plans to recover over $3.5 billion. The dispute comes as EchoStar restructures its wireless operations and sells spectrum assets. Traders are watching for broader fallout and legal developments.

13 January 2026

NASDAQ:SATS·NYSE:CCI·Stock Market

KLA (KLAC) stock climbs after TD Cowen upgrade and $1,800 target

KLA Corp shares rose 1.3% to $1,446.61 Tuesday after TD Cowen upgraded the stock to “buy” and raised its price target to $1,800. The move came as peers and major indexes fell. Bank of America also raised its target, while Susquehanna stayed neutral. KLA reports fiscal Q2 results Jan. 29.

13 January 2026

NASDAQ:KLAC·Stock Market

Vistra stock in focus as VST prices $2.25 billion notes; analysts cite Meta nuclear deal

Vistra shares rose 0.2% to $172.95 after the company priced $2.25 billion in senior secured notes to help fund its Cogentrix acquisition. Fitch rated the new debt ‘BBB-’ with a positive outlook. Scotiabank lifted its price target to $293, citing Vistra’s 20-year nuclear power deals with Meta. The notes, maturing in 2031 and 2036, close Jan. 22.

13 January 2026

Energy Sector·NYSE:VST·Stock Market

Figma stock drops 7% after Goldman starts coverage — what NYSE:FIG investors are watching next

Figma shares fell 7% to $33.85 Tuesday afternoon after Goldman Sachs began coverage with a Neutral rating and a $40 price target. Trading volume topped the three-month average as the stock hovered near its 52-week low. Investors focused on Fed rate expectations and upcoming earnings. Over half of Figma’s Class A shares remain locked up until August 2026.

13 January 2026

NYSE:FIG·Stock Market

Verizon stock slides after FCC loosens phone-unlocking rule as fraud fight takes center stage

Verizon shares fell 2.5% to $38.86 Tuesday after U.S. regulators scrapped a rule requiring the carrier to unlock phones 60 days after activation. The FCC’s order, effective immediately, follows Verizon’s claim that the rule fueled fraud involving nearly 785,000 devices last year. AT&T and T-Mobile also declined. Verizon separately disclosed changes to a $30 million executive stock award.

13 January 2026

NYSE:VZ·Stock Market

Navitas Semiconductor (NVTS) stock slides 11% in choppy trade — what investors are watching next

Navitas Semiconductor shares fell about 11% Tuesday, closing at $9.33 after volatile trading. The drop came ahead of CEO Chris Allexandre’s scheduled appearance at the Needham Growth Conference on Wednesday. Investors are watching for updates on the company’s shift to higher-power GaN and SiC chips for AI data centers. The broader chip sector rose, with the iShares Semiconductor ETF up 1%.

13 January 2026

NASDAQ:NVTS·Stock Market

Texas Instruments stock slips late in session as CPI hits tape and Jan. 27 earnings loom

Texas Instruments shares fell 0.5% to $188.12 Tuesday, lagging the broader chip sector as investors weighed new U.S. inflation data and awaited the company’s Jan. 27 earnings report. The iShares Semiconductor ETF rose 0.9%, while rivals Analog Devices and ON Semiconductor posted gains. U.S. consumer prices rose 0.3% in December, with core inflation up 2.6% year-over-year.

13 January 2026

Earnings Reports·Inflation·NASDAQ:ADI·NASDAQ:MCHP·NASDAQ:NXPI·NASDAQ:ON·NYSE:TXN·Stock Market

UiPath stock tumbles 9% after CEO Daniel Dines’ share sale filing — what investors watch next

UiPath shares fell about 9% Tuesday after a filing showed CEO Daniel Dines sold 45,000 shares under a pre-arranged plan. The stock swung from $17.63 to $15.51 before closing near $15.68. The sale followed the company’s appearance at the Needham Growth Conference and comes ahead of its next earnings report, expected in March.

13 January 2026

NASDAQ:PATH·Stock Market

Salesforce stock slides 6% as new Slackbot AI agent rolls out in Slack

Salesforce shares fell 6.4% to $242.86 Tuesday afternoon, underperforming the broader market. The company began a phased rollout of its rebuilt Slackbot AI agent for Business+ and Enterprise+ customers, with the launch continuing through February. Investors are watching for Salesforce’s next earnings report in late February.

13 January 2026

Artificial Intelligence·NYSE:CRM·Stock Market

GeneDx stock drops again: WGS slides on 2026 outlook as JPM talk nears

GeneDx shares fell 8.7% to $108.90 Tuesday afternoon after the company released a 2026 revenue forecast of $540 million to $555 million and projected positive adjusted net income. The company reported 2025 revenue of about $427 million and ended the year with $172 million in cash. Investors are watching for updates at the J.P. Morgan Healthcare Conference on Jan. 14.

13 January 2026

Biotechnology·NASDAQ:WGS·Stock Market

iRhythm (IRTC) stock slides as 2026 outlook and holding-company switch land

iRhythm Technologies shares dropped 7.5% to $156.24 Tuesday after the company announced 2026 sales targets and a restructuring plan during the J.P. Morgan Healthcare Conference. The company raised its 2025 revenue forecast above $740 million and projected 2026 revenue of $870–$880 million. iRhythm also created a new holding-company structure, effective Jan. 12, with no change to its ticker symbol.

13 January 2026

NASDAQ:IRTC·Stock Market

Verizon stock drops as FCC loosens phone unlocking rule and traders look to earnings next

The FCC granted Verizon a waiver from its 60-day phone unlocking rule, allowing the carrier to follow broader industry standards. Verizon shares fell 2.4% to $38.89 Tuesday, underperforming peers after the decision. The company reported losing 784,703 devices to fraud in 2023. Verizon also amended a $30 million performance stock award for CEO Daniel H. Schulman.

13 January 2026

Earnings Reports·NYSE:VZ·Stock Market

Why Super Micro Computer stock is sliding: Goldman starts SMCI at Sell with $26 target

Super Micro Computer shares fell 6.3% to $28.22 after Goldman Sachs initiated coverage with a Sell rating and a $26 price target, citing limited profit visibility. The stock has dropped nearly 45% in three months. Goldman expects profit margins to fall to 7.5% by 2026, down from over 15% in 2022. Increased competition and higher component costs are pressuring margins.

13 January 2026

NASDAQ:SMCI·Stock Market·Technology

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Financial services stocks rally as XLF jumps, Dow hits 50,000 — what to watch next week

7 February 2026

U.S. financial stocks rose Friday, with the XLF fund up 1.8% and the Dow closing above 50,000 for the first time, gaining 2.47%. Goldman Sachs jumped 4.3%, JPMorgan 3.9%, and Citigroup 6.0%. The Federal Reserve held rates steady, and San Francisco Fed President Mary Daly signaled possible cuts this year. Investors await January jobs and inflation data next week.

Cloud computing stocks rebounded — but Amazon’s $200 billion spending plan keeps traders on edge

7 February 2026

Cloud-focused ETFs rose Friday, with the First Trust Cloud Computing ETF up 4.4% and WisdomTree’s fund up 3.5%. Amazon fell 5.6% after projecting $200 billion in 2026 capex, while Microsoft gained 1.8% and Alphabet slipped 2.5%. Investors weighed AI’s impact on software growth. Key cloud earnings and delayed U.S. jobs data are due next week.

Big Tech stocks swing on AI spending fears: Amazon slides, Nvidia rebounds as week ahead looms

7 February 2026

Amazon shares fell 5.6% Friday after projecting $200 billion in 2026 capital spending, while Nvidia jumped 7.9%. The Dow closed above 50,000 for the first time, but the Nasdaq is down 0.9% for the year. Microsoft and Alphabet also signaled major AI investments, sending software stocks down sharply. Chipmakers rallied as Nvidia reported surging AI chip demand.

Data Center Stocks Surge Into the Weekend: Digital Realty, Equinix and Vertiv Set Up a Big Week Ahead

7 February 2026

Digital Realty, Equinix, and Vertiv shares surged Friday, with Vertiv up 10% and Digital Realty rising 4.1%, as investors rotated back into AI-linked data center stocks. The move followed Amazon’s $200 billion and Alphabet’s $175–185 billion 2026 capex targets. Digital Realty set 2026 core FFO guidance at $7.90 to $8.00 per share. Wall Street ended the week broadly higher, led by chipmakers.

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