Why Alcoa stock bounced after a JPMorgan downgrade as U.S. aluminium premiums hit records

Why Alcoa stock bounced after a JPMorgan downgrade as U.S. aluminium premiums hit records

NEW YORK, Jan 10, 2026, 18:29 EST — Market closed Alcoa Corporation shares ended Friday up 4.2% at $63.67, capping a choppy two-session stretch that started with a sharp drop after a broker downgrade. (Yahoo Finance) The rebound did not erase the fresh skepticism. JPMorgan analyst Bill Peterson cut Alcoa to “underweight” from “neutral” on Thursday, even as he raised his price target to $50 from $45, according to a note circulated by StreetInsider. (StreetInsider.com) The timing matters because the pricing backdrop has shifted fast. U.S. buyers are paying record highs for aluminium, driven by tariffs and unusually low domestic
AXT stock slides on China export permit delays hitting Q4 outlook — key dates ahead

AXT stock slides on China export permit delays hitting Q4 outlook — key dates ahead

New York, January 10, 2026, 18:06 (ET) — Market closed Shares of AXT, Inc. (AXTI) ended Friday down roughly 11%, closing at $22.99, following a lowered revenue forecast for the fourth quarter. The company cited delays in Chinese export permits for indium phosphide substrates as the cause. During the session, the stock fluctuated between $21.31 and $26.27, with around 18.2 million shares traded. The Fremont, California-based producer of compound semiconductor wafers now anticipates fourth-quarter revenue between $22.5 million and $23.5 million. This revision comes after China’s Ministry of Commerce issued fewer export control permits than initially expected. These permits are
Amprius stock extends two-day rally after CES award buzz; what AMPX traders watch next

Amprius stock extends two-day rally after CES award buzz; what AMPX traders watch next

New York, January 10, 2026, 18:18 ET — Market closed Amprius Technologies, Inc. pushed higher for a second day Friday, closing around 2.6% up at $9.48. Shares moved between $9.14 and $9.60 during regular hours on volume near 6.25 million. After-hours trading saw the stock climb roughly 2.1% more, hitting $9.68, per MarketWatch. (Yahoo Finance) The rally follows the conclusion of the CES consumer electronics show for the week. On Jan. 6, Amprius announced it had earned an Innovation Award from the Consumer Technology Association, the organizer of CES 2026, for its 520 Wh/kg battery — a key metric showing
Capital One stock faces fresh spotlight after Trump backs 10% credit card rate cap

Capital One stock faces fresh spotlight after Trump backs 10% credit card rate cap

New York, Jan 10, 2026, 18:04 EST — The market has closed. Shares of Capital One Financial Corporation are starting next week under pressure after U.S. President Donald Trump proposed capping credit card interest rates at 10% for one year. The stock closed Friday down 2.53%, settling at $249.20. (Reuters) The proposal targets the fees that fuel credit card profits but offers few specifics. Banking groups warned a cap would “reduce credit availability,” while Brian Jacobsen of Annex Wealth Management said firms might just cut credit lines if they “can’t price the risk properly.” Capital One, a leading U.S. card
11 January 2026
Corning stock slides into the weekend as CPI and Jan. 28 earnings loom

Corning stock slides into the weekend as CPI and Jan. 28 earnings loom

NEW YORK, Jan 10, 2026, 18:06 EST — Market closed Shares of Corning Incorporated (GLW) slipped 0.12% to finish at $85.23 on Friday, marking a continued dip following a 3.02% drop the previous day. The stock fluctuated between $85.02 and $86.65 during the session, with about 6.1 million shares traded. (StockAnalysis) Timing is crucial. The U.S. earnings season kicks off in just a few days, with a fresh inflation report due Tuesday—both set to shake up rate expectations and impact stocks investors see as “duration” plays. Michael Arone, chief investment strategist at State Street Investment Management, warned the market might
Affirm (AFRM) stock steadies near $82 as CPI and the Fed crowd next week’s calendar

Affirm (AFRM) stock steadies near $82 as CPI and the Fed crowd next week’s calendar

New York, January 10, 2026, 18:05 EST — Market closed Shares of Affirm Holdings Inc (AFRM.O) edged up 0.2% to close Friday at $81.80, after moving between $79.83 and $82.99 during the session. The buy now, pay later lender remains roughly 18% below its 52-week peak of $100. (MarketWatch) The rate story is back in focus for Affirm and other consumer-credit stocks. The Labor Department reported payrolls climbed by 50,000 in December, while the unemployment rate dipped to 4.4%. This mix has left investors uncertain about the next interest rate move. “The market is going to be looking forward to
Freeport-McMoRan stock jumps as copper deal talk swirls and brokers lift targets

Freeport-McMoRan stock jumps as copper deal talk swirls and brokers lift targets

New York, January 10, 2026, 18:06 EST — Market closed Freeport-McMoRan Inc shares closed Friday at $56.53, climbing 4.26% as new mining deal rumors stirred interest alongside a wave of upbeat target upgrades linked to copper. (Freeport-McMoRan Investors) Copper’s now the hot ticket in mining boardrooms, sparking fresh interest in who holds the key assets. “Vale and Freeport are both going to be in focus – but it’s unlikely they’re for sale,” said Mark Kelly, CEO of advisory firm MKI Global, commenting on the Rio Tinto-Glencore merger talks and the potential ripple effect on competitors. (Reuters) The stock’s next move
C3.ai stock closes higher as Wall Street eyes Feb earnings test for AI software names

C3.ai stock closes higher as Wall Street eyes Feb earnings test for AI software names

New York, Jan 10, 2026, 18:05 EST — Market closed C3.ai shares closed Friday up 1.37% at $14.02, outpacing the broader market and posting a second day of gains. Still, the enterprise AI software stock remains about 61% below its 52-week peak of $35.98. Trading volume fell short of its 50-day average, according to MarketWatch data. (MarketWatch) Why it matters now: rate outlooks are once again steering long-duration growth stocks, especially smaller AI-related firms. The Labor Department reported on Friday that U.S. payrolls increased by 50,000 in December, while the unemployment rate stayed steady at 4.4%. Investors are digging into
3M stock flat near $165 as CPI, Jan. 20 earnings call line up for MMM

3M stock flat near $165 as CPI, Jan. 20 earnings call line up for MMM

NEW YORK, Jan 10, 2026, 18:04 EST — The market has closed. 3M (MMM.N) shares closed flat on Friday, wrapping up a solid week for U.S. stocks. Investors now await fresh signals on demand and cash flow from the industrial sector. (MarketWatch) The wait won’t be long. 3M’s Q4 earnings call is set for Jan. 20, marking the next clear catalyst for the stock. (3M Company) The next key data point is inflation. On Jan. 13, the U.S. Labor Department will release the December consumer price index. This figure has the potential to shake up bond yields and shift expectations
Intuit stock slips after Wells Fargo downgrade as IRS sets Jan. 26 start for tax season

Intuit stock slips after Wells Fargo downgrade as IRS sets Jan. 26 start for tax season

NEW YORK, Jan 10, 2026, 17:32 EST — Market closed Intuit Inc (INTU.O) saw its shares slip 0.9% to end Friday at $646.90, following a Wells Fargo downgrade. The bank cut its price target to $700 from $840 for the TurboTax owner. Shares fluctuated between $636.46 and $653.00, with roughly 1.3 million changing hands. (MarketScreener) The timing’s tricky for the stock as the IRS announced this week that the 2026 filing season kicks off Jan. 26—the first day it’ll accept 2025 tax returns. Taxpayers have until April 15, 2026, to file, with the IRS expecting roughly 164 million individual returns,
Uber stock slides despite CES robotaxi push — what traders watch next week

Uber stock slides despite CES robotaxi push — what traders watch next week

New York, Jan 10, 2026, 17:30 EST — Market closed Uber Technologies, Inc. shares (UBER.N) slipped 2.45% on Friday, closing at $85.44 and ending a three-day rally. The Nasdaq, meanwhile, moved higher. The stock remains roughly 16% below its 52-week peak, with volume trailing the 50-day average, MarketWatch data show. (MarketWatch) Autonomous-driving buzz lingered as Reuters reported Nvidia and several auto suppliers unveiled new partnerships at CES in Las Vegas, aiming to slash costs and accelerate rollout. Nvidia’s upcoming platform will power a robotaxi venture from Lucid, Nuro, and Uber, Reuters noted. Meanwhile, rivals like Tesla and Alphabet’s Waymo continue
Amgen stock slides into weekend as JPMorgan healthcare conference looms

Amgen stock slides into weekend as JPMorgan healthcare conference looms

NEW YORK, Jan 10, 2026, 17:43 EST — Market closed. Shares of Amgen Inc. closed down on Friday, marking a second consecutive day of losses as investors prepared for a new batch of healthcare conference updates. The timing is key as deal discussions pick up again with executives and bankers gathering in San Francisco for the J.P. Morgan Healthcare Conference, a major early-year event for the sector. Jeremy Meilman, JPMorgan’s global co-head of healthcare investment banking, noted that firms are “dusting off the playbook on the art of the possible.” (Reuters) Amgen finds itself in a familiar yet tricky position:

Stock Market Today

Anglo American share price slips as BofA turns neutral after copper outlook cut

Anglo American share price slips as BofA turns neutral after copper outlook cut

7 February 2026
Anglo American shares closed down 0.75% at 3,435 pence Friday after BofA Global Research downgraded the miner to “neutral” and raised its price target to 3,600 pence. Anglo cut its 2026 copper production guidance and warned of continued weakness at De Beers. The company expects $200 million in charges tied to its Chile copper operations in the second half of 2025.
Amazon’s $200B AI Spending Jolt Spurs Stock Selloff as Big Tech Capex Nears $650B

Amazon’s $200B AI Spending Jolt Spurs Stock Selloff as Big Tech Capex Nears $650B

7 February 2026
Amazon shares fell Friday after the company announced a $200 billion AI infrastructure plan for 2026, exceeding analyst expectations and reviving investor concerns about profitability. Combined 2026 capex flagged by Amazon, Alphabet, Microsoft, and Meta now tops $630 billion. Nvidia, AMD, and Broadcom shares surged on the news, while software and data firms remained under pressure.
Go toTop