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

Constellation Energy shares fell 9.8% to $307.71 Friday after the White House ordered PJM to hold an emergency power auction and cap capacity market prices. PJM detailed new rules for large data centers, including requiring them to provide their own generation or face curtailment. Vistra and NRG Energy also dropped. U.S. markets will be closed Monday for MLK Day.
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

Novo Nordisk shares surged 6.5% in Copenhagen and 9.1% in New York after early U.S. prescription data showed 3,071 Wegovy pill scripts filled in four days. Britain approved a higher maximum dose of Wegovy for obesity patients. A Texas compounding pharmacy sued Novo and Eli Lilly over alleged market dominance. Novo called the lawsuit “without merit.”
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

Super Micro Computer shares surged 11% to $32.64 Friday on heavy volume after TSMC posted a strong profit and raised its 2026 spending forecast. The broader U.S. market ended flat ahead of the holiday weekend. Chip and AI-related stocks rallied, with TSMC projecting 2026 revenue growth near 30%. U.S. markets reopen Tuesday with major earnings reports expected.
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

Riot Platforms shares surged 16% to $19.24 after announcing a 10-year, $311 million data-center lease with AMD at its Texas facility. AMD will lease 25 megawatts of capacity, with options that could raise the deal’s value to $1 billion. The retrofit will cost $89.8 million. Other bitcoin miners and AMD also closed higher Friday.
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

India’s Finance Ministry is considering an optional joint taxation system for married couples, NDTV reported. The Institute of Chartered Accountants of India has proposed separate tax slabs for joint filers, aiming to ease the burden on single-income households. Finance Minister Nirmala Sitharaman will present the Union Budget on February 1. ICAI’s forensic accounting exam registration closes January 17, with the test set for January 24.
17 January 2026
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

Severn Trent shares rose 0.6% to 2,835 pence at Friday’s close, with no new company updates since Jan. 2. The water utility’s market cap stands at £8.54 billion. Investors are awaiting Severn Trent’s trading update due February 11. Regulatory scrutiny in the UK water sector remains in focus after Ofwat launched an investigation into South East Water.
17 January 2026

Stock Market Today

Lumentum stock hits a record close — Citi raises target, insider filing lands ahead of Monday

Lumentum stock hits a record close — Citi raises target, insider filing lands ahead of Monday

7 February 2026
New York, Feb 7, 2026, 06:03 (EST) — Market closed. Lumentum Holdings Inc shares ended Friday at a record $551.99, up $47.14, or 9.3%, after briefly trading as high as $558.22. U.S. markets are shut on Saturday. The late-week jump kept the optics maker in view as investors track a swelling wave of spending on artificial intelligence infrastructure. Alphabet, Microsoft, Amazon and Meta said they expect more than $630 billion of combined spending in 2026, Reuters reported. (Reuters) Amazon alone projected $200 billion of capital spending this year, a figure that has sharpened the debate over payback but also underlined
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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