Citigroup stock rises as Wall Street opens 2026; jobs data and Citi earnings are next

Citigroup stock rises as Wall Street opens 2026; jobs data and Citi earnings are next

NEW YORK, Jan 2, 2026, 2:13 PM ET — Regular session Citigroup (C) shares climbed about 1.4% to $118.30 on Friday afternoon, outpacing a choppy broader market on the first trading day of 2026. The move matters because banks often swing with interest-rate expectations, which are being reset early in the new year. Treasury yields inched higher, and investors are…
SMCI stock jumps today after Supermicro unveils liquid‑cooled SuperBlade server with Intel Xeon 6900

SMCI stock jumps today after Supermicro unveils liquid‑cooled SuperBlade server with Intel Xeon 6900

NEW YORK, January 2, 2026, 2:07 PM ET — Regular session Shares of Super Micro Computer, Inc. climbed about 5.5% on Friday after the server maker disclosed a new high-density, direct liquid‑cooled system aimed at artificial intelligence and high‑performance computing workloads. Supermicro The news matters because data‑center operators are trying to pack more compute into existing footprints while running into…
Paymentus stock tumbles nearly 10% as fintech slides; oversold RSI flashes for PAY

Paymentus stock tumbles nearly 10% as fintech slides; oversold RSI flashes for PAY

NEW YORK, Jan 2, 2026, 2:07 PM ET — Regular session Paymentus Holdings, Inc. shares were down 9.7% at $28.53 in afternoon trading on Friday, after touching a session low of $28.53. The stock opened at $31.43, hit an intraday high of $31.63 and has traded about 703,000 shares, compared with a prior close of $31.59. The slide matters because…
AbbVie stock edges up today as Linzess partner Ironwood cuts list price, lifts 2026 outlook

AbbVie stock edges up today as Linzess partner Ironwood cuts list price, lifts 2026 outlook

NEW YORK, Jan 2, 2026, 14:08 ET — Regular session AbbVie shares ticked higher on Friday after Ironwood Pharmaceuticals, its partner on constipation drug Linzess, raised its 2026 outlook and said it lowered the medicine’s list price at the start of the year. The update matters because Linzess is co-developed and co-commercialized with AbbVie in the U.S., and changes in…
Why Vicor (VICR) stock is up today: chip rally, court calendar and earnings date in focus

Why Vicor (VICR) stock is up today: chip rally, court calendar and earnings date in focus

NEW YORK, January 2, 2026, 13:41 ET — Regular session Vicor Corp shares rose 7.5% to $117.85 in early afternoon trading on Friday, in a sharp move for the Nasdaq-listed power-module maker. Trading was light, with about 33,231 shares changing hands by mid-day, MarketBeat data showed. MarketBeat The move puts Vicor back on traders’ screens at the start of 2026,…
Why IREN stock is up today: bitcoin bounce sparks an ~12% jump

Why IREN stock is up today: bitcoin bounce sparks an ~12% jump

NEW YORK, January 2, 2026, 13:55 ET — Regular session IREN Limited (NASDAQ: IREN) shares rose about 12% on Friday to $42.25, tracking a rebound in bitcoin and a broad rally across U.S.-listed crypto miners. Bitcoin was up about 1.8% near $89,700 after topping $90,000 earlier, while peers Marathon Digital, Riot Platforms and CleanSpark were up roughly 9% to 13%;…
Pfizer stock rises today as 2026 drug price hikes grab headlines again — what PFE investors are watching

Pfizer stock rises today as 2026 drug price hikes grab headlines again — what PFE investors are watching

NEW YORK, January 2, 2026, 13:56 ET — Regular session Pfizer Inc shares rose 0.8% to $25.09 on Friday, as investors digested renewed attention on U.S. drug pricing and early-year list-price changes. The timing matters. January is when drugmakers typically reset U.S. prices, and the moves can quickly become a political and regulatory flashpoint — especially as the Trump administration…
Wells Fargo stock rises today as traders eye jobs report, big-bank earnings kickoff

Wells Fargo stock rises today as traders eye jobs report, big-bank earnings kickoff

NEW YORK, January 2, 2026, 13:55 ET — Regular session Wells Fargo & Company (WFC) shares rose 1.2% to $94.35 in early afternoon trading on Friday, after swinging between $92.81 and $94.43. The move comes as investors head into the first full trading week of 2026 with the U.S. jobs report due Jan. 9 and consumer price data on Jan.…
Camtek stock jumps 8% today as chip-equipment rally lifts CAMT; traders eye Fed, jobs data

Camtek stock jumps 8% today as chip-equipment rally lifts CAMT; traders eye Fed, jobs data

NEW YORK, Jan 2, 2026, 1:50 PM ET — Regular session Camtek Ltd shares rose 8.1% to $115 in afternoon trading on Friday, after swinging between $108.90 and $116. The stock opened at $110.55 and had traded about 145,500 shares. The move puts the semiconductor inspection-equipment maker back in focus as investors start 2026 hunting for strength inside technology. Chip-related…
AI stocks today: Baidu jumps on Kunlunxin IPO filing; Nvidia, AMD gain while Microsoft slips

AI stocks today: Baidu jumps on Kunlunxin IPO filing; Nvidia, AMD gain while Microsoft slips

NEW YORK, Jan 2, 2026, 13:58 ET — Regular session Baidu jumped on Friday after the Chinese search giant said its artificial-intelligence chip unit Kunlunxin had confidentially filed for a Hong Kong listing on Jan. 1, paving the way for a spinoff and separate listing. By 1:40 p.m. ET, Baidu was up 14.2% and Alibaba rose 6.2%. Baidu said the…
Vertiv stock surges 8% on Barclays upgrade — what Wall Street is watching next

Vertiv stock surges 8% on Barclays upgrade — what Wall Street is watching next

NEW YORK, January 2, 2026, 13:40 ET — Regular session Vertiv Holdings Co shares were up 8.2% at $175.33 in afternoon trading on Friday after Barclays upgraded the data-center power and cooling supplier and raised its price target to $200. Barclays analyst Julian Mitchell said the stock had “substantial upside potential” to consensus earnings estimates in 2026 and 2027. TipRanks…

Stock Market Today

  • Recomm Co. Shares Surge 33% Amid High P/E and Earnings Growth Concerns
    January 20, 2026, 5:35 PM EST. Recomm Co., Ltd. (TSE:3323) shares have surged 33% in the past month and 67% over the past year. The stock's price-to-earnings (P/E) ratio stands at 43.2x, significantly above the typical Japanese company's P/E under 15x. This high valuation reflects investor expectations of strong earnings growth, following a 137% increase in earnings per share last year. However, earnings have declined 41% over three years, raising questions about sustainability. Investors appear bullish despite these mixed signals. The elevated P/E ratio suggests the market is pricing in exceptional future growth, but it also sets a high bar. If growth falters, shareholders may face disappointment as valuation aligns with earnings trends.
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