Today: 7 February 2026
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Constellation Energy stock tumbles nearly 10% as PJM power-price curbs enter the frame

Constellation Energy stock tumbles nearly 10% as PJM power-price curbs enter the frame

New York, Jan 17, 2026, 04:58 EST — Market closed. Constellation Energy shares tumbled 9.8% to close at $307.71 on Friday, marking their steepest single-day decline in months. The selloff hit U.S. power producers tied to PJM following a late-week policy move targeting electricity price controls. Vistra dropped 7.4%, while NRG Energy slipped 4.1%. The move comes at a tricky time for a trade behind much of the sector’s rally: betting on data centers tightening supply and pushing up wholesale prices for years. Now, a sudden pivot to caps and special procurement auctions pushes investors to weigh political risk alongside
17 January 2026
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Novo Nordisk stock jumps on Wegovy pill scripts and UK high-dose nod — what to watch next week

Novo Nordisk stock jumps on Wegovy pill scripts and UK high-dose nod — what to watch next week

Copenhagen, Jan 17, 2026, 10:59 CET — Market closed. Novo Nordisk shares gained 6.5% on Friday, closing at 388.9 Danish crowns, positioning the stock for a notable open Monday. In New York, the company’s ADRs jumped 9.1% to finish at $62.33. (Investing.com) This move is crucial as investors seek confirmation that Novo’s new Wegovy pill will maintain its first-to-market advantage amid growing competition, notably from Eli Lilly’s oral obesity drug. Novo described the “early signs” as positive but cautioned that it’s too soon to draw conclusions about trends for the daily pill. (Reuters) The initial figure was modest but clear:
17 January 2026
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AppLovin stock price drops 6% into long weekend as Feb. 11 earnings near

AppLovin stock price drops 6% into long weekend as Feb. 11 earnings near

NEW YORK, Jan 17, 2026, 05:05 ET — Market closed. AppLovin Corporation (NASDAQ:APP) shares dropped 6.3% Friday, closing at $568.76. The stock swung between a high of $615.98 and a low of $560.05 during the session. Roughly 8.6 million shares traded hands. The dip is significant ahead of the holiday-shortened week for U.S. markets, as traders weigh risk appetite amid an active earnings season. “To finish the week around flat… most investors will take that as a win,” said Ameriprise Financial’s Anthony Saglimbene in a Reuters interview. (reuters.com) AppLovin’s recent pullback comes alongside fresh bullish coverage from the sell side.
17 January 2026
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Super Micro Computer stock jumps 11% as TSMC’s AI outlook lifts the mood — what SMCI traders watch next

Super Micro Computer stock jumps 11% as TSMC’s AI outlook lifts the mood — what SMCI traders watch next

New York, Jan 17, 2026, 04:56 EST — Markets have closed. Super Micro Computer (SMCI) surged roughly 11% in Friday’s U.S. session, closing near $32.64 after fluctuating between $29.62 and $32.97. Trading volume hit about 79 million shares. The AI server maker gained momentum after Taiwan Semiconductor Manufacturing Co’s positive forecast boosted the semiconductor sector and calmed worries over high tech valuations. “That’s been kind of squashed … with the news from Taiwan Semiconductor,” said Alan Lancz, president of Alan B. Lancz & Associates. (Reuters) The broader market barely budged Friday, with U.S. stocks closing nearly flat ahead of the
17 January 2026
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Riot Platforms stock jumps on $1 billion AMD data-center lease as investors eye next milestones

Riot Platforms stock jumps on $1 billion AMD data-center lease as investors eye next milestones

New York, Jan 17, 2026, 04:57 EST — The market has closed. Riot Platforms shares jumped Friday following the bitcoin miner’s announcement of its first data-center lease with Advanced Micro Devices, marking a move further into the AI infrastructure space. The stock climbed $2.66, roughly 16%, closing at $19.24 amid heavy trading. This move is significant as Riot aims to transform its energy-intensive mining operations into a more stable business model, selling capacity to major computing clients. Securing a long-term deal with a blue-chip tenant could shift the focus away from bitcoin’s daily volatility and toward the company’s buildout and
17 January 2026
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Legal & General stock slips — the UK data calendar that could move LGEN next week

Legal & General stock slips — the UK data calendar that could move LGEN next week

London, Jan 17, 2026, 09:30 (GMT) — Market closed. Legal & General Group Plc (LGEN.L) shares ended Friday at 265.8 pence, down 0.3 pence, or 0.11%, from the prior close. With the London market closed over the weekend, investors are left to digest broader economic cues ahead of Monday’s session. (Hargreaves Lansdown) The dip is slight, yet the setup feels familiar. Legal & General operates in a segment that often moves with interest rate shifts: it underwrites long-term retirement policies and manages substantial bond holdings, making gilt yields—yields on UK government bonds—crucial. UK data and shifting rate expectations fueled market
17 January 2026
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Marks & Spencer share price ends Friday higher — what traders watch next week

Marks & Spencer share price ends Friday higher — what traders watch next week

London, Jan 17, 2026, 09:28 GMT — Market closed. Marks & Spencer Group (MKS.L) shares closed up 0.9% on Friday at 366.8 pence, with London markets shut over the weekend. About 25 million shares changed hands, and the stock sits about 12% below its 52-week high of 417.8p. (lt.morningstar.com) The rise capped a week in which the shares gained about 4%, after a choppy start to January. Investors have treated M&S as a quick gauge of the British consumer: food has held up, while discretionary spend looks less dependable. (Investing.com) Next week brings two data points that can move rate
17 January 2026
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Budget 2026 curveball? India weighs joint taxation for couples as ICAI pushes overhaul

Budget 2026 curveball? India weighs joint taxation for couples as ICAI pushes overhaul

New Delhi, January 17, 2026, 14:41 (IST) India’s finance ministry is mulling an optional joint taxation system for married couples ahead of the Union Budget, NDTV reported on Jan. 16. https://www.ndtv.com/india-news/union-budget-2026-joint-taxation-budget-2026-big-tax-relief-for-married-couples-all-about-joint-taxation-10762217 The idea has gained traction amid tax changes dominating pre-budget discussions, with households eager for relief that hits their take-home pay right away. Moving to joint filing would also break from India’s longstanding practice of taxing spouses separately. Finance Minister Nirmala Sitharaman is set to present the Budget on Sunday, Feb. 1, at 11 a.m. in the Lok Sabha, according to The Week. Parliamentary Affairs Minister Kiren Rijiju confirmed
17 January 2026
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Severn Trent share price: SVT closes higher as Ofwat scrutiny keeps UK water stocks in focus

Severn Trent share price: SVT closes higher as Ofwat scrutiny keeps UK water stocks in focus

London, Jan 17, 2026, 09:24 GMT — Market closed. Severn Trent (SVT.L) closed Friday at 2,835 pence, gaining 16 pence, or 0.57%. With London markets closed for the weekend and no new company updates, trading remained quiet. The water utility’s market cap stands near £8.54 billion. Its latest disclosure on the London Stock Exchange’s Regulatory News Service (RNS) dates back to Jan. 2. (London South East) This matters now. On a quiet tape, regulated utilities move more on big-picture factors — policy risks, interest rates, and changing hunger for steady dividends — than on company-specific news. The stock ends up
17 January 2026
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Smiths Group share price hits new 52-week high — buyback keeps SMIN in focus into next week

Smiths Group share price hits new 52-week high — buyback keeps SMIN in focus into next week

London, Jan 17, 2026, 09:21 GMT — Market is now closed. Smiths Group Plc (SMIN.L) shares climbed 1.95% on Friday, finishing at 2,612 pence and hitting a new 52-week high, even as the FTSE 100 slipped 0.04%. The stock surpassed its previous peak of 2,574 pence from the day before. Trading volume stood at 789,474 shares, below the 50-day average of roughly 1.1 million. (MarketWatch) The recent gain came after a 4.15% surge on Thursday to 2,562 pence, marking another fresh one-year peak, in a session where the FTSE 100 climbed 0.54%. Smiths has made two swift advances up the
17 January 2026
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SSE share price hits a 52-week high — here’s what could move the UK utility next week

SSE share price hits a 52-week high — here’s what could move the UK utility next week

London, Jan 17, 2026, 09:19 GMT — The market has closed. SSE Plc (SSE.L) shares climbed 1.12% to finish at 2,343 pence (£23.43) on Friday, hitting a fresh 52-week peak. The UK utility outpaced a flat broader market despite lighter trading volumes. (MarketWatch) This move is significant as SSE occupies a sweet spot between two favored investor plays: regulated electricity networks offering steady returns, and renewables projects that secure long-term revenues when policy backing is certain. This week, SSE gained renewed government-backed support for a major offshore wind project, bringing a sharper policy focus. Even with the stock close to
17 January 2026
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Ashtead Group share price: Buyback filing keeps traders focused as London heads into Monday

Ashtead Group share price: Buyback filing keeps traders focused as London heads into Monday

London, Jan 17, 2026, 09:15 GMT — Market closed. Ashtead Group shares dipped 22 pence, or 0.41%, ending Friday at 5,302 pence in London. During the session, the stock fluctuated between 5,268 and 5,346 pence. (Investing.com) Ashtead’s ongoing wave of buyback announcements is crucial as the equipment rental giant aims to highlight cash returns ahead of its planned move to list primarily on the New York Stock Exchange. The company, which operates as Sunbelt Rentals, is already the second-largest equipment rental firm in the U.S. (Reuters) On Friday, a regulatory filing revealed Ashtead purchased 72,300 ordinary shares for treasury on
17 January 2026
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Stock Market Today

Jardine Matheson stock slid 2.4% Friday — here’s what matters before Monday’s open

Jardine Matheson stock slid 2.4% Friday — here’s what matters before Monday’s open

7 February 2026
Singapore, Feb 7, 2026, 15:29 SGT — Market closed. Jardine Matheson Holdings fell 2.4% on Friday to close at $75.71 in its U.S. dollar counter on the Singapore Exchange, after trading between $75.30 and $78.83. About 293,900 shares changed hands, compared with 410,700 a day earlier. (Yahoo Finance) The move landed as regional markets cooled on a tech-led selloff and broader de-risking. Singapore’s shares fell 0.8% on the day, while investors tracked turbulence tied to U.S. tech and fresh debate over how quickly new AI tools could reshape software and services. “With U.S. tech wobbling, sentiments tend to trickle over
CapitaLand Investment share price jumps as CapitaLand REIT payouts roll in — what’s next for 9CI

CapitaLand Investment share price jumps as CapitaLand REIT payouts roll in — what’s next for 9CI

7 February 2026
CapitaLand Investment shares rose 1.3% to S$3.12 on Friday, bucking a 0.8% drop in Singapore’s benchmark index. CapitaLand Integrated Commercial Trust reported a 16.4% jump in second-half distributable income, while CapitaLand Ascendas REIT posted a 1.4% full-year rise. CapitaLand China Trust saw full-year DPU fall to 4.82 cents amid weaker yuan and occupancy. CLI reports FY2025 results on Feb. 11.
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