30,000 Homes Without Water: Major Incident Declared in Kent as South East Water Scrambles

30,000 Homes Without Water: Major Incident Declared in Kent as South East Water Scrambles

LONDON, Jan 12, 2026, 14:24 (GMT) Kent County Council declared a major incident on Monday as roughly 30,000 homes across parts of Kent and Sussex lost running water or experienced a severe drop in pressure. The disruption spilled into the start of the week, forcing some schools to close and public services to pivot while households line up for bottled water. For local officials, it’s turned into an emergency-planning challenge just as much as a plumbing issue. The sector is already facing political heat, with outages and leaks under intense scrutiny. Companies are being pressured to prove they can maintain
12 January 2026
Nvidia stock slips early as traders eye China chip demand, TSMC outlook and CPI

Nvidia stock slips early as traders eye China chip demand, TSMC outlook and CPI

New York, Jan 12, 2026, 09:34 EST — Regular session Nvidia (NVDA.O) shares dipped slightly in early Monday trading, falling around 0.1% to $184.86. The drop followed a slip in U.S. futures as investors remained wary of big-cap growth stocks. Timing is critical. This week packs a heavy slate of macro data and earnings reports, and traders have quickly sold off AI-related gains whenever bond yields spike or policy risks emerge. Wall Street futures dipped earlier after the White House renewed pressure on the Federal Reserve, raising fresh doubts about the Fed’s independence—a concern that often weighs on rate-sensitive tech
Broadcom stock pops early as traders brace for CPI and chip-demand readouts

Broadcom stock pops early as traders brace for CPI and chip-demand readouts

New York, Jan 12, 2026, 09:36 EST — Regular session Shares of Broadcom Inc surged 3.7% to $344.97 during early trading in New York on Monday, pushing further gains for the chipmaker. The shift happens as investors brace for Tuesday’s U.S. consumer price index report for December, set for 8:30 a.m. ET. That data has the power to rattle Treasury yields and ripple through high-growth tech stocks. (Bureau of Labor Statistics) Markets are grappling with new doubts over the Fed’s independence after Chair Jerome Powell revealed the Justice Department issued subpoenas warning of a possible criminal indictment linked to his
Citigroup stock slides as Trump’s 10% credit-card rate cap plan rattles lenders ahead of earnings

Citigroup stock slides as Trump’s 10% credit-card rate cap plan rattles lenders ahead of earnings

New York, January 12, 2026, 11:40 EST — Regular session Citigroup Inc shares were down about 3.5% at $117.03 in late morning trading, after President Donald Trump called for a one-year cap on credit card interest rates at 10% starting Jan. 20 and gave no details on how companies would be made to comply. (Reuters) The headline risk for Citi is simple: credit cards are a big consumer profit engine across the industry, and a hard ceiling would hit pricing on loans that carry no collateral. It also lands with bank earnings days away, when executives normally talk about credit
Visa stock slides on Trump credit-card rate cap talk as traders brace for bank earnings

Visa stock slides on Trump credit-card rate cap talk as traders brace for bank earnings

New York, Jan 12, 2026, 11:32 EST — Regular session Visa Inc shares fell 1.4% to $344.84 in late-morning trading, tracking a selloff in consumer finance names. Mastercard slid 1.7% and American Express fell 4.6%. The pressure followed President Donald Trump’s call for a one-year cap on credit-card interest rates at 10%, starting Jan. 20, without spelling out how it would be enforced. Analysts said the proposal would likely require legislation, leaving markets to trade the risk before the details exist. (Reuters) Financial stocks broadly slipped on the headline, and the move has pulled in payment processors alongside banks and
JPMorgan stock drops as Trump pushes 10% credit-card rate cap, with earnings up next

JPMorgan stock drops as Trump pushes 10% credit-card rate cap, with earnings up next

New York, Jan 12, 2026, 11:32 a.m. EST — Regular session JPMorgan Chase & Co shares fell about 2% to $322.55 in morning trading on Monday after President Donald Trump called for a one-year cap that would limit credit card interest rates to 10%. “It would take an Act of Congress for such rate caps to be in place,” UBS Global analysts wrote, while Seaport Research analyst Bill Ryan said “affordability has become a top concern.” (Reuters) The move matters because credit cards are a high-yield business for big banks, and a rate cap would cut straight into what lenders
American Express (AXP) stock slides on Trump’s 10% credit-card rate cap talk — what investors watch next

American Express (AXP) stock slides on Trump’s 10% credit-card rate cap talk — what investors watch next

New York, January 12, 2026, 11:33 EST — Regular session American Express (AXP) shares slid 4.6% to $358.24 in late-morning New York trading on Monday, after touching $355.50 earlier in the session. The drop followed President Donald Trump’s call on Friday for a one-year 10% cap on credit-card interest rates starting Jan. 20, a proposal analysts at TD Cowen and Barclays said would require Congress and faces long odds. (Reuters) Credit cards are revolving credit — balances can roll month to month — and interest charges are a big part of the economics for issuers. A 10% ceiling could trim
SoundHound AI stock whipsaws as CES motorcycle tie-up and fresh bullish note keep SOUN in play

SoundHound AI stock whipsaws as CES motorcycle tie-up and fresh bullish note keep SOUN in play

NEW YORK, Jan 12, 2026, 11:51 EST — Regular session SoundHound AI shares swung on Monday after an upbeat note from H.C. Wainwright put the stock back in motion following CES chatter. The Nasdaq-listed stock was up about 0.3% at $11.79 in late morning trade after earlier rising as much as 9.4%. (Investing.com) The move matters because SoundHound AI has become a quick-read proxy for risk appetite in smaller “voice AI” names, where single headlines can move the tape. The company sells voice and conversational AI software to businesses, including in automotive and other customer-facing settings. (Reuters) This week’s CES
Walmart stock jumps on Google Gemini shopping plan, Wing drones and Nasdaq-100 spotlight

Walmart stock jumps on Google Gemini shopping plan, Wing drones and Nasdaq-100 spotlight

New York, Jan 12, 2026, 12:03 EST — Regular session Walmart shares jumped 3.4% to $118.47 in midday trading on Monday after the retailer outlined a new shopping tie-up with Google’s Gemini chatbot and traders positioned for its Nasdaq-100 debut. (MarketWatch) The announcements land at a touchy moment for retail stocks, when investors are trying to figure out whether price-conscious shoppers keep trading down or start spending again. Walmart’s pitch is simple: make buying faster, cheaper, and harder to mess up. They also put Walmart back in a tech race it didn’t start, but can’t ignore. Getting discovered inside an
Google’s AI Mode turns into a checkout lane — Alphabet and Walmart stock nudge higher

Google’s AI Mode turns into a checkout lane — Alphabet and Walmart stock nudge higher

NEW YORK, Jan 12, 2026, 08:13 EST Alphabet shares rose 0.9% to $328.57 in premarket trading on Monday, while Walmart added 1.3% to $114.53, according to market data. The moves came as Google and big retailers rolled out fresh plans to push shopping — and ads — deeper into conversational search, a battleground where OpenAI and Amazon are also trying to keep users inside the chat instead of sending them back out to the web. Google on Sunday announced a new Universal Commerce Protocol, or UCP, an open standard meant to let “agents” — AI systems that can take actions
Lithium prices spike 9% in China on tax-rebate shift, pushing SQM stock up before the bell

Lithium prices spike 9% in China on tax-rebate shift, pushing SQM stock up before the bell

New York, Jan 12, 2026, 08:22 EST — Premarket Sociedad Química y Minera de Chile (SQM) edged up 0.5% to $74.40 during Monday’s U.S. premarket session. Lithium prices in China surged to their highest in over two years after Beijing cut export tax rebates on battery products. The most-active lithium carbonate contract on the Guangzhou Futures Exchange hit its daily limit, rising 9% to 156,060 yuan a metric ton—its peak since November 2023. (Reuters) Asia’s markets showed a split reaction. Chinese battery makers dropped amid concerns the rebate change could tighten controls on exports. Upstream lithium producers, on the other
Capital One stock slides as Trump’s 10% credit-card rate cap spooks lenders

Capital One stock slides as Trump’s 10% credit-card rate cap spooks lenders

New York, Jan 12, 2026, 08:13 EST — Premarket Shares of Capital One Financial dropped roughly 10% in premarket Monday after investors offloaded credit-card and consumer-lending stocks amid fresh chatter about rate caps. The squeeze landed hard on a business built around spreads. Credit-card interest powers issuer profits, and a 10% cap would plunge well below the industry’s current rates. The bids quickly evaporated. Synchrony Financial and Bread Financial tumbled between 10% and 11% in early trading. American Express slipped about 4%, while Visa and Mastercard each dropped roughly 2%. On the flip side, alternative lenders gained ground: Affirm rose

Stock Market Today

Caterpillar stock price jumps 7% to $726 as Dow cracks 50,000 — what matters next week

Caterpillar stock price jumps 7% to $726 as Dow cracks 50,000 — what matters next week

7 February 2026
Caterpillar shares surged 7.1% to $726.20 Friday, driving the Dow above 50,000 for the first time. The move erased recent losses and followed insider selling by Group President Bob De Lange earlier in the week. Deere and CNH Industrial also gained as investors rotated into industrial stocks. Markets await next week’s U.S. jobs and inflation data.
Amazon stock slides as $200B AI spending plan meets cautious profit outlook

Amazon stock slides as $200B AI spending plan meets cautious profit outlook

7 February 2026
Amazon shares fell 9% Friday after the company announced plans for $200 billion in 2026 capital spending, mainly for AWS and AI, and issued a first-quarter profit outlook below estimates. The stock drop could erase $200 billion in market value. Fourth-quarter net sales rose 14% to $213.4 billion, while free cash flow declined due to higher spending on AI infrastructure.
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