EV Stocks Weekly Wrap: Canada Opens Door to Chinese EVs as Tesla Faces Fresh U.S. Scrutiny

EV Stocks Weekly Wrap: Canada Opens Door to Chinese EVs as Tesla Faces Fresh U.S. Scrutiny

New York, Jan 16, 2026, 19:20 ET Canada’s choice to slash tariffs on Chinese-made electric vehicles thrust trade policy back into the spotlight for EV stocks on Friday. This reverses a major 2024 protectionist measure and could deepen the North American divide over Chinese auto imports. (Reuters) The move comes as governments scramble to boost electric vehicle demand, which has lagged behind forecasts and squeezed automakers’ profits. Germany, for instance, is working on a fresh subsidy plan targeting low- and middle-income households. (Reuters) U.S. officials cautioned Canada that the deal might backfire, stressing that Chinese EVs cleared for Canada won’t
Western Digital (WDC) stock price: Analysts lift targets as SanDisk stake sale, earnings loom

Western Digital (WDC) stock price: Analysts lift targets as SanDisk stake sale, earnings loom

New York, January 16, 2026, 19:13 EST — After-hours trading session Western Digital shares slipped 0.2% in after-hours trading Friday, despite price target upgrades from Evercore ISI and Susquehanna. Evercore bumped its target to $230 from $190, while Susquehanna raised theirs sharply to $205 from $135. (TipRanks) The calls arrive just before a holiday-shortened week, as U.S. equity and options markets shut down Monday for Martin Luther King Jr. Day. Trading picks back up Tuesday. Such a calendar often squeezes liquidity and can amplify swings around analyst reports and early earnings news. (NASDAQ Trader) Investors are keeping an eye on
Spotify stock slips as Premium price hike lands; analysts trim targets

Spotify stock slips as Premium price hike lands; analysts trim targets

NEW YORK, Jan 16, 2026, 19:00 EST — Trading after the bell. Shares of Spotify Technology S.A. slipped 0.7% to $504.50 on Friday and barely moved in after-hours trading, adding to a two-day decline totaling roughly 4.6% following Thursday’s 3.95% fall. The stock fluctuated between $500.82 and $511.13 during the session, with roughly 3.7 million shares traded. (StockAnalysis) Investors are once again faced with a classic Spotify dilemma: raising subscription fees boosts revenue fast, but only if customers don’t jump ship. That “stickiness” factor is crucial, especially as streaming companies aim to prove growth is possible without the heavy spending
Nebius stock pops after-hours as Morgan Stanley starts coverage — what NBIS traders watch next

Nebius stock pops after-hours as Morgan Stanley starts coverage — what NBIS traders watch next

New York, Jan 16, 2026, 19:00 EST — After-hours trading session. Nebius Group N.V. shares climbed roughly 4.6% to $108.73 in after-hours trading on Friday, following a volatile day for U.S. stocks. This shift is significant since NBIS has been acting like a high-beta AI infrastructure proxy. New sell-side reports could influence positioning ahead of a quiet holiday stretch. With Monday’s market shutdown, Tuesday becomes the first real chance to see if buying interest holds. (Reuters) Morgan Stanley kicked off coverage with an equal-weight rating and set a $126 price target, according to TipRanks and Benzinga’s analyst ratings calendar. The
Costco stock price edges up after hours as $1.30 dividend lands; January sales update next

Costco stock price edges up after hours as $1.30 dividend lands; January sales update next

NEW YORK, Jan 16, 2026, 18:49 EST — After-hours Costco Wholesale Corp shares ticked up 0.7% to $963.61 in after-hours trading on Friday. During regular hours, the stock fluctuated between $951.20 and $964.41. The U.S. market will be closed Monday for Martin Luther King Jr. Day, cutting one session for investors to adjust their positions. Costco is a heavily watched “steady” retail stock, so its positioning can shift quickly when there’s limited news. (New York Stock Exchange) A routine dividend rarely moves the needle. Yet with Costco’s premium valuation—investors banking on its membership-driven sales—any sign of trouble draws close attention
Lam Research stock price rises after-hours as Wells Fargo turns bullish and chip-tool rally holds

Lam Research stock price rises after-hours as Wells Fargo turns bullish and chip-tool rally holds

New York, January 16, 2026, 18:38 (EST) — After-hours trading Lam Research Corporation’s stock gained 2.5% in after-hours trading Friday, closing at $222.96. During the session, shares fluctuated between $217.85 and $224.70. The chip-tool sector has seen a volatile two-day rollercoaster, and Lam remains at the heart of the ongoing discussion about the duration of the next factory buildout. Investors are zeroing in on analyst forecasts and spending cues from major chipmakers to gauge the next phase of demand for “semi-cap” stocks — the shorthand for semiconductor capital equipment manufacturers. Wells Fargo bumped Lam to Overweight from Equal Weight, lifting
Intuit stock drops again after TurboTax NYC push as Jefferies calls the slide “overdone”

Intuit stock drops again after TurboTax NYC push as Jefferies calls the slide “overdone”

NEW YORK, Jan 16, 2026, 18:37 ET — After-hours Intuit Inc shares dropped 1.7% on Friday to close at $545.29, marking their sixth consecutive day of losses, then held steady in after-hours trading. The TurboTax and QuickBooks parent saw intraday swings between $535.15 and $555.79, now sitting roughly 33% below its 52-week peak reached on July 30. Trading volume hit about 4.7 million shares, well above the 50-day average. This came as Adobe slid, while Paychex and Oracle finished higher amid a slightly softer broader market. (MarketWatch) The pullback comes as tax-filing season heats up and Intuit seeks new ways
Bank of America stock price edges up after hours as traders line up a Fed week and bank earnings

Bank of America stock price edges up after hours as traders line up a Fed week and bank earnings

New York, Jan 16, 2026, 18:15 ET — After-hours Bank of America shares climbed 0.7% to $52.97 in after-hours trading Friday, following a day where the stock fluctuated between $52.27 and $53.38. As U.S. markets gear up for a long weekend, investors remain fixated on one key question: can big banks sustain growth in interest income amid shifting rate expectations? On Wednesday, the lender reported earnings of $7.6 billion, or 98 cents a share, driven by a 9.7% jump in net interest income (NII) to a record $15.75 billion. NII, which reflects earnings on loans minus deposit costs, is expected
Singapore stocks end the week near 4,850 — here’s what to watch before Monday

Singapore stocks end the week near 4,850 — here’s what to watch before Monday

Singapore, Jan 17, 2026, 07:43 SGT — Market closed Singapore’s Straits Times Index (STI) climbed 2.1% over the week, closing Friday 0.3% higher at 4,849.10. Interactive Brokers senior economist Jose Torres highlighted a “revived” mood on Wall Street following Taiwan Semiconductor’s earnings report, while easing U.S. jobless claims helped calm investor nerves. (The Straits Times) This shift is significant given the index’s heavy reliance on Singapore’s banks. DBS and OCBC hit new highs on Jan 15, driven by strong dividend prospects. Still, analysts caution that falling rates could pressure net interest margin (NIM) — the difference between lending income and
Dow, S&P 500, Nasdaq end week lower — chip rally, bank jitters, and next week’s big tests

Dow, S&P 500, Nasdaq end week lower — chip rally, bank jitters, and next week’s big tests

New York, Jan 16, 2026, 18:57 EST — After-hours U.S. stocks finished Friday nearly unchanged, but all three major indexes logged weekly losses as the fourth-quarter earnings season kicked off. The Dow dropped 83.11 points, or 0.17%, to 49,359.33. The S&P 500 edged down 4.46 points, or 0.06%, to 6,940.01, while the Nasdaq slipped 14.63 points, also 0.06%, to 23,515.39. For the week, the S&P 500 fell 0.38%, the Nasdaq lost 0.66%, and the Dow declined 0.29%. Small caps held up, with the Russell 2000 closing at a fresh record high. “Most investors will take that as a win,” said
TSX ends week at fresh records after Canada-China trade deal and oil rebound — CPI next

TSX ends week at fresh records after Canada-China trade deal and oil rebound — CPI next

Toronto, January 16, 2026, 18:43 EST — Market closed Canada’s benchmark S&P/TSX Composite closed at a record 33,040.55 on Friday, up 0.04% on the day and 1.3% for the week. Energy rose 0.9% as U.S. crude settled up 0.4% at $59.44, and Prime Minister Mark Carney said an initial Canada-China trade deal would cut tariffs on electric vehicles and canola. Edward Jones strategist Angelo Kourkafas said “markets are rational” as interest-rate swaps, a derivatives market, priced two U.S. rate cuts this year; MDA Space jumped 14.5% after Morgan Stanley lifted its rating to “overweight,” meaning it expects the stock to
17 January 2026
Why Vistra stock sank 7% Friday as a PJM “emergency auction” idea spooked power names

Why Vistra stock sank 7% Friday as a PJM “emergency auction” idea spooked power names

New York, Jan 16, 2026, 18:32 EST — After-hours Shares of Vistra Corp dropped on Friday and barely moved in after-hours trading, as investors stepped away from power producers linked to the Mid-Atlantic grid. The pullback came after the White House urged emergency measures to boost supply for data centers. The Trump administration pressed PJM Interconnection, the country’s biggest power grid operator, to hold an emergency procurement auction. This move aims to reduce the threat of rolling blackouts as electricity demand outpaces new generation capacity. Pennsylvania Governor Josh Shapiro, speaking at a White House event, criticized PJM for being “too

Stock Market Today

Rio Tinto stock jumps as Glencore mega-merger is shelved; what to watch next week

Rio Tinto stock jumps as Glencore mega-merger is shelved; what to watch next week

7 February 2026
Rio Tinto’s U.S. shares closed up 2.5% at $93.37 Friday after the company ruled out a merger with Glencore, triggering a six-month “no-bid” lockout under UK takeover rules. Both companies cited disagreements over valuation. Attention now turns to Rio’s Feb. 19 results and iron ore prices, which fell below $100 a tonne amid weak Chinese demand.
iFAST share price drops 3% as markets shut; earnings next week in focus

iFAST share price drops 3% as markets shut; earnings next week in focus

7 February 2026
iFAST shares fell 3.2% to S$9.64 in heavy trading Friday, closing near the day’s low as investors awaited FY2025 results due Feb. 12. The stock is about 13% below its 52-week high. iFAST recently agreed to buy a 30% stake in Financial Alliance for S$19.6 million, pending regulatory approval. Assets under administration stood at S$30.62 billion as of Sept. 30.
Sembcorp Industries share price: what to watch after Friday dip as Feb 25 results near

Sembcorp Industries share price: what to watch after Friday dip as Feb 25 results near

7 February 2026
Sembcorp shares closed at S$6.05 on Friday, down 0.33%, as Singapore’s STI dropped 0.8%. Shareholders approved the A$6.5 billion Alinta Energy takeover on Jan 30, but the deal still faces regulatory and closing conditions. Sembcorp will release FY2025 results on Feb 25 before market open. Trading volume reached about 4.3 million shares.
Go toTop