Today: 7 February 2026
Subscribe

Wall Street Slips as Trump Credit-Card Cap Plan Hits Banks; CPI Holds at 2.7%

Wall Street Slips as Trump Credit-Card Cap Plan Hits Banks; CPI Holds at 2.7%

New York, Jan 13, 2026, 16:50 EST U.S. stocks ended lower on Tuesday, led by a drop in financial shares after JPMorgan executives warned that President Donald Trump’s proposed cap on credit-card interest rates could squeeze lending. The Dow Jones Industrial Average fell 394.97 points, or 0.81%, to 49,195.23, while the S&P 500 lost 0.20% to 6,963.30 and the Nasdaq Composite slipped 0.10% to 23,711.20, preliminary data showed. Visa and Mastercard slid, and “Financials are getting hit by Trump’s credit card proposal,” said Tim Ghriskey, senior portfolio strategist at Ingalls & Snyder in New York. (Reuters) Trump’s one-year 10% cap
13 January 2026
···········
Intel stock jumps after KeyBanc’s $60 call — what Wall Street watches next for INTC

Intel stock jumps after KeyBanc’s $60 call — what Wall Street watches next for INTC

New York, January 13, 2026, 16:04 EST — After-hours trading session Intel (INTC.O) shares jumped 7.3% Tuesday, closing at $47.29 following an intraday peak of $48.24, marking a 52-week high. The surge came after KeyBanc Capital Markets raised its rating on the stock from “sector weight” to “overweight.” After-hours trading showed the shares inching up about 0.1%. (Investing.com) The upgrade hits two hot spots for investors: can Intel really raise prices on data-center chips, and is its manufacturing turnaround legit? KeyBanc’s $60 target — the highest on the Street — stands out, especially since Intel still racks up more “hold”
13 January 2026
·····
Microsoft stock slides after Trump pressures tech on data-center power bills

Microsoft stock slides after Trump pressures tech on data-center power bills

New York, Jan 13, 2026, 16:04 EST — After-hours Shares of Microsoft (MSFT) slipped 1.8% to $468.44 in after-hours trading Tuesday following the company’s announcement of a new strategy aimed at preventing its rapidly expanding data-center operations from inflating consumer power bills. The shift comes as utilities and state regulators scrutinize who should foot the bill for grid upgrades needed to support artificial intelligence. With data centers consuming large, consistent amounts of power, pushback from local communities has begun to stall some projects in certain markets. For Microsoft, resistance isn’t just a permitting snag anymore. It’s tangled up in the
13 January 2026
·····
Micron Technology stock drops after hours as SK Hynix launches $13B AI-memory buildout

Micron Technology stock drops after hours as SK Hynix launches $13B AI-memory buildout

NEW YORK, Jan 13, 2026, 16:15 EST — After-hours Micron Technology, Inc. (MU) shares dipped in after-hours trading Tuesday following news that SK Hynix plans to pour 19 trillion won ($12.9 billion) into a new advanced chip-packaging plant in South Korea. Construction is expected to kick off in April and finish by the end of 2027. Micron dropped $7.76, or roughly 2.2%, to $338.11 from a prior close of $345.87; the stock opened at $346.24 and moved between $335.23 and $351.11 during the session. Macquarie Equity Research noted SK Hynix held 61% of last year’s high-bandwidth memory market, well ahead
13 January 2026
······
Meta Platforms (META) stock slides as Reality Labs cuts loom and Zuckerberg rolls out “Meta Compute”

Meta Platforms (META) stock slides as Reality Labs cuts loom and Zuckerberg rolls out “Meta Compute”

New York, Jan 13, 2026, 16:03 EST — After-hours Shares of Meta Platforms dropped 1.8% on Tuesday following news of planned job cuts within its Reality Labs unit and increased investment in AI infrastructure. The stock last traded at $630.70, after hitting a low of $624.24 earlier in the day. Timing is crucial as investors question how much Big Tech must invest in data centers and power deals to support large AI models. Meta aims to prove its advertising engine can fund that expansion without triggering another profit forecast revision. Reality Labs tells a different story. Cutting metaverse losses might
13 January 2026
·····
Super Micro Computer stock slides after Goldman Sachs starts SMCI at Sell, flags margin squeeze

Super Micro Computer stock slides after Goldman Sachs starts SMCI at Sell, flags margin squeeze

New York, Jan 13, 2026, 16:16 ET — After-hours Shares of Super Micro Computer dropped roughly 5% in after-hours trading Tuesday, last seen at $28.61. The decline followed Goldman Sachs kicking off coverage with a “sell” rating and a 12-month price target of $26. During the session, the stock touched its lowest point since April. (Finviz) The call is crucial now since Super Micro is right in the thick of the AI infrastructure boom, providing servers and storage solutions to enterprise data centers and cloud vendors. Hardware stocks have lost some patience with companies where profits fail to keep pace
13 January 2026
·····
Visa stock slides nearly 5% as Trump’s credit-card rate cap plan hits payment networks

Visa stock slides nearly 5% as Trump’s credit-card rate cap plan hits payment networks

New York, Jan 13, 2026, 16:17 EST — After-hours Visa (NYSE: V) shares dropped nearly 5% Tuesday after President Donald Trump proposed a one-year cap on credit-card interest rates, intensifying pressure on the payments sector. (Reuters) Visa fell 4.5% to $327.90. The drop signals growing concern that Washington is moving beyond mere talk and gearing up to take action against the card industry—a sector usually driven by spending patterns and regulatory threats. Last week, Trump proposed a 10% cap on rates but didn’t specify enforcement details. Wall Street experts say passing such a cap would probably need new legislation. A
13 January 2026
····
KNSA stock slides 6% after Kiniksa maps out $900–$920 million ARCALYST outlook — what’s next

KNSA stock slides 6% after Kiniksa maps out $900–$920 million ARCALYST outlook — what’s next

New York, Jan 13, 2026, 16:15 EST — After-hours Kiniksa Pharmaceuticals International, plc saw its shares drop 6.1% to $38.61 on Tuesday, following the release of updated revenue forecasts for its key drug ARCALYST. The stock briefly dipped to an intraday low of $38.27. Yahoo Finance The move matters because ARCALYST is carrying the load: it serves as the company’s primary commercial driver and bankrolls the longer-acting follow-on program. Kiniksa’s 2026 outlook arrives early, just as biotech investors are eager to revise growth expectations. Kiniksa’s update arrived as executives made the rounds at the J.P. Morgan Healthcare Conference in San
13 January 2026
·····
Amazon stock (AMZN) drops on report it’s pushing suppliers for cuts as tariff ruling nears

Amazon stock (AMZN) drops on report it’s pushing suppliers for cuts as tariff ruling nears

NEW YORK, Jan 13, 2026, 16:14 EST — After-hours Shares of Amazon.com (AMZN.O) slid 1.6% during Tuesday’s session after reports emerged that the company is pushing suppliers to lower prices ahead of a U.S. Supreme Court ruling on President Donald Trump’s broad tariffs. The stock last traded at $242.60. (Reuters) Why it matters now: tariffs act as import taxes that can quickly shift costs for retailers buying and reselling goods. Amazon’s retail arm is directly caught in the crossfire. The Supreme Court is set to deliver its next rulings on Jan. 14, with the legality of Trump’s global tariff program
13 January 2026
····
Harmony Biosciences stock drops after ZYN002 exit as 2026 Wakix sales outlook tops $1 billion

Harmony Biosciences stock drops after ZYN002 exit as 2026 Wakix sales outlook tops $1 billion

NEW YORK, Jan 13, 2026, 16:19 EST — After-hours Shares of Harmony Biosciences Holdings Inc (HRMY) slid 6.4% on Tuesday to close at $35.82, after trading as low as $34.69. The move comes as investors work through a pipeline reshuffle and a new revenue outlook that landed just as healthcare executives crowd into San Francisco for the annual J.P. Morgan conference. Harmony’s stock tends to move on two things: what Wakix can do next, and whether the company can build something that matters beyond it. Tuesday’s update hit both levers, in opposite directions. Harmony said preliminary, unaudited net product revenue
13 January 2026
·····
Google stock (GOOG) rises after-hours on Apple’s Gemini-Siri deal as earnings near

Google stock (GOOG) rises after-hours on Apple’s Gemini-Siri deal as earnings near

New York, Jan 13, 2026, 16:16 EST — After-hours Alphabet Inc’s Class C shares (GOOG) jumped roughly 1.1% in after-hours action Tuesday, hitting $336.38 following a $332.73 close. The late surge followed news that Apple plans to integrate Google’s Gemini models into a revamped Siri and other AI features later this year under a multi-year deal. This marks a win for Alphabet as tech giants race to secure distribution and paying users for generative AI tools. “Apple’s decision to use Google’s Gemini models for Siri shifts OpenAI into a more supporting role,” Parth Talsania, CEO of Equisights Research, told Reuters.
13 January 2026
······
Nvidia stock stays flat after China tightens H200 chip approvals; Eli Lilly $1B AI lab grabs attention

Nvidia stock stays flat after China tightens H200 chip approvals; Eli Lilly $1B AI lab grabs attention

New York, January 13, 2026, 4:03 PM ET — After-hours NVIDIA Corporation shares (NVDA) barely moved Tuesday following a report that China is restricting approvals for buying the company’s H200 AI chips. The stock last dipped 0.04% to $184.87 shortly after the close, after bouncing between $183.45 and $188.08. (Reuters) The China headlines are key because the H200 — a top-tier graphics processing unit (GPU) used in data centers for training and running AI models — is central to Nvidia’s growth narrative. According to the report, Beijing’s guidance to some companies was “deliberately vague,” advising purchases only when “necessary.” More
13 January 2026
······
1 … 673 674 675 676 677 … 2,705

Stock Market Today

AST SpaceMobile stock bounces late Friday as AT&T plays down Amazon Leo threat and a new 2x short ETF hits tape

AST SpaceMobile stock bounces late Friday as AT&T plays down Amazon Leo threat and a new 2x short ETF hits tape

7 February 2026
AST SpaceMobile shares jumped 9.1% to $101.79 Friday after a volatile week, with 15.9 million shares traded. AT&T said it will use Amazon Leo’s satellite network to reach business customers outside its terrestrial footprint but stated this will not affect its partnership with AST. A new 2x short ETF tied to ASTS, ticker ASTN, began trading on Cboe. AST’s next “BlueBird 7” satellite launch is set for late February on Blue Origin’s New Glenn.
Go toTop