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ASX:PDN News 21 January 2026 - 22 January 2026

Gold breaks $4,800 as Trump tariff threat jolts markets; ASX extends selloff, Rio Tinto beats forecasts

Gold breaks $4,800 as Trump tariff threat jolts markets; ASX extends selloff, Rio Tinto beats forecasts

Sydney, Jan 22, 2026, 10:44 (AEDT) Australian shares ended Wednesday in the red while gold surged past $4,800 an ounce, setting a new record as traders prepared for fresh U.S. tariffs related to Greenland. The S&P/ASX 200 slipped 0.4% to close at 8,782. The Australian dollar held steady around 67.34 U.S. cents. Banks tumbled roughly 1.5%, hitting their lowest levels…
Paladin Energy shares hit a 52-week high after uranium output jump — here’s what’s next

Paladin Energy shares hit a 52-week high after uranium output jump — here’s what’s next

Sydney, Jan 21, 2026, 17:38 AEDT — Market closed. Paladin Energy Ltd’s shares jumped 12.9% to A$13.14 on Wednesday, reaching their highest level in a year. The uranium miner’s solid December quarter results refocused attention on its Langer Heinrich mine ramp-up in Namibia. The S&P/ASX 200 index slipped 0.37%. (Investing) This matters since Paladin has turned into a key benchmark…

Stock Market Today

  • D-Wave Quantum's Stock Drops 3.9% Amid High Trading Volume and Mixed Analyst Ratings
    January 21, 2026, 10:48 PM EST. D-Wave Quantum Inc. (NYSE:QBTS) saw its stock drop 3.9% to $25.99 on Wednesday, with 44.16 million shares traded, surpassing the average volume by 7%. The company, valued at $9.10 billion, has a negative earnings per share (EPS) of -0.05, though it beat expectations. Analysts remain mixed: Evercore ISI and Mizuho recently rated the stock 'outperform' with price targets of $44 and $46 respectively, while Weiss Ratings kept a 'sell (d-)' stance. The consensus target price is $35.36 with an average rating of 'Moderate Buy'. Insider sales included Director John D. Dilullo offloading 8,000 shares, reducing his holdings by 22.34%. D-Wave's revenue surged over 100% year-on-year, highlighting growth despite operating losses.
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