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
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
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.
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
Salesforce stock tumbles nearly 7%: what CRM investors are watching next

Salesforce stock tumbles nearly 7%: what CRM investors are watching next

NEW YORK, Jan 13, 2026, 15:48 EST — Regular session Salesforce shares dropped almost 7% Tuesday afternoon, deepening the selloff in one of the Dow’s most expensive stocks. By 3:48 p.m. EST, the stock had fallen 6.9% to $241.62. The timing is rough. Investors have been banking on Salesforce’s claim that its new artificial intelligence tools will sustain growth, even as companies scrutinize their tech budgets down to the last dollar. This matters because the stock’s sharp drop often ripples through other enterprise software shares. When a major player takes a hit this severe, traders usually see it as a
Apple stock slips after-hours as Creator Studio launch and Google Gemini tie-up reset the AI pitch

Apple stock slips after-hours as Creator Studio launch and Google Gemini tie-up reset the AI pitch

New York, Jan 13, 2026, 4:04 PM EST — After-hours Apple (AAPL.O) shares dipped Tuesday following the launch of “Apple Creator Studio,” a new subscription bundle that combines creative software with fresh AI features across its apps. The move marks a ramp-up in the company’s push into paid services. (Reuters) The stock last dipped 0.25% to $259.61, moving within a range of $258.23 to $261.77 throughout the session. Why it matters now: Apple’s growth has increasingly relied on recurring revenue amid slowing hardware sales, while investors push for tangible AI-driven upgrades that boost actual sales, not just generate buzz. The
AMD stock jumps 7% after KeyBanc upgrade flags tight server chip supply

AMD stock jumps 7% after KeyBanc upgrade flags tight server chip supply

New York, Jan 13, 2026, 4:03 PM EST — After-hours Shares of Advanced Micro Devices rose roughly 7% Tuesday, defying a weaker overall market. The jump came after KeyBanc upgraded the chipmaker, citing evidence that demand for data-center processors is outpacing supply. This call is crucial as investors scramble to define what “AI infrastructure” spending will actually entail in 2026, and if chipmakers will keep pushing prices higher rather than just boosting volume. For AMD, this question hits right at its data center segment, where server CPUs—the core processors powering cloud computing—drive much of the profit. KeyBanc raised AMD to
Tesla stock slips after SEC filing on top exec pay; Wall Street parses inflation

Tesla stock slips after SEC filing on top exec pay; Wall Street parses inflation

New York, Jan 13, 2026, 16:03 EST — After-hours. Tesla shares dipped Tuesday after a new insider filing surfaced and an analyst issued a cautious outlook for 2026. Inflation figures kept hopes alive for rate cuts, supporting some appetite for growth stocks. (Tesla Investor Relations) The electric-vehicle maker’s shares slipped roughly 0.4% to close at $447.31, falling from Monday’s $448.96, market data showed. Timing is key as Tesla approaches its upcoming earnings report, with shares hovering near recent peaks. At the same time, the market wrestles with expectations for interest rates and consumer demand. (Tesla Investor Relations) A recent Form
Penumbra (PEN) stock slides 5% after CEO flags manufacturing shift at JPM conference

Penumbra (PEN) stock slides 5% after CEO flags manufacturing shift at JPM conference

New York, Jan 13, 2026, 15:57 EST — Regular session Penumbra (NYSE: PEN) shares dropped Tuesday following comments from CEO Adam Elsesser about shifting the company’s manufacturing base. The stock slid 5.2% to $302.70 in late trading after hitting a low of $290.42 earlier. Elsesser told a conference that “All of our products today are manufactured in California. That’s going to change.” (Seeking Alpha) The comment came as investors digested new insights from the J.P. Morgan Healthcare Conference in San Francisco, an annual event where executives typically lay out their vision for the coming year. For a stock trading close
IBM stock drops 3% even after BofA lifts target — what to watch before earnings

IBM stock drops 3% even after BofA lifts target — what to watch before earnings

New York, January 13, 2026, 15:44 EST — Regular session International Business Machines Corp shares slid about 3% on Tuesday, extending a pullback from last week’s levels as investors weighed fresh analyst caution and a risk-off turn across U.S. stocks. The move matters because IBM is coming off a strong 2025, and the bar for guidance has moved up with it. Bank of America analyst Wamsi Mohan reiterated a Buy rating and raised his price target to $335, but he also pointed to a more difficult setup heading into 2026. (TipRanks) BofA expects IBM’s fourth quarter to show softer profit
Disney stock slips even after new “Accumulate” call sets $130 target

Disney stock slips even after new “Accumulate” call sets $130 target

New York, Jan 13, 2026, 15:42 EST — Regular session Walt Disney shares slipped 0.4% in afternoon trading Tuesday, despite Phillip Securities kicking off coverage with an Accumulate rating and a $130 price target. (https://www.tipranks.com/news/the-fly/disney-initiated-with-an-accumulate-at-phillip-securities-thefly) Timing is key. Investors spent the morning adjusting their rate expectations after U.S. inflation data revealed a 0.3% rise in consumer prices for December and a 2.7% increase year-over-year, with core inflation steady at 2.6%. “If this trend holds, the Fed should have some breathing room to cut rates in Q1,” said Art Hogan, chief market strategist at B. Riley Wealth, in emailed remarks. (https://www.reuters.com/business/view-december-rise-us-consumer-prices-backs-fed-pause-this-month-2026-01-13/)
Firefly Aerospace stock slides nearly 9% as Alpha Block II upgrade puts Flight 7 launch in focus (FLY)

Firefly Aerospace stock slides nearly 9% as Alpha Block II upgrade puts Flight 7 launch in focus (FLY)

New York, January 13, 2026, 15:42 EST — Regular session Shares of Firefly Aerospace Inc dropped 8.9% to $27.73 in afternoon trading Tuesday, after starting the day at $31.47 and earlier hitting $31.54. This step is crucial as Firefly approaches a period where hardware tests and launch frequency could quickly shift investor sentiment. For emerging launch firms, the schedule acts both as a trigger and a gamble. Firefly plans to roll out a “Block II” version of its Alpha rocket, targeting improved reliability and streamlined production to meet commercial, civil, and national security needs. CEO Jason Kim described it as

Stock Market Today

South32 share price drops 4% in ASX rout — what investors watch before results

South32 share price drops 4% in ASX rout — what investors watch before results

7 February 2026
Sydney, Feb 7, 2026, 17:39 AEDT — Market closed. South32 Ltd shares (S32.AX) closed down 4.1% at A$4.41 on Friday, hit by the same risk-off wave that pushed Australian miners sharply lower. The stock traded between A$4.37 and A$4.51 and was down 19 cents from the prior close of A$4.60. (Intelligent Investor) With markets shut for the weekend, the move leaves South32 on the watchlist going into Monday’s open as investors reassess exposure to metals and mining names. The S&P/ASX 200 ended the week down 1.81%. (Morningstar) The benchmark fell 2% on Friday and almost A$70 billion was wiped off
Wesfarmers share price: what to watch on ASX next week as results loom

Wesfarmers share price: what to watch on ASX next week as results loom

7 February 2026
Wesfarmers shares closed down 1.33% at A$85.04 on Friday, following a sharp drop in the S&P/ASX 200, which fell 2% for its steepest one-day loss in 10 months. Investors are watching for Australia’s household spending data next week and Wesfarmers’ half-year results due Feb. 19.
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