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ASX:WES News 15 January 2026 - 21 January 2026

Wesfarmers share price falls 2.7% — what investors watch before February results

Wesfarmers share price falls 2.7% — what investors watch before February results

Sydney, January 21, 2026, 17:28 AEDT — The market has closed. Wesfarmers Ltd (WES.AX) saw its shares drop 2.65% on Wednesday, closing at A$81.12. This decline leaves the retail giant on the defensive as it heads into the next trading day. (Wesfarmers) The market is closed for now, but the stock still has two near-term catalysts: a half-year update due…
21 January 2026
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Wesfarmers walks away from a $400m Priceline rescue — and now the Infinity pharmacies are up for grabs

Wesfarmers walks away from a $400m Priceline rescue — and now the Infinity pharmacies are up for grabs

SYDNEY, Jan 20, 2026, 19:29 AEDT Wesfarmers Ltd has pulled out of a last-minute bid to rescue Infinity Pharmacy Group, the largest franchisee in its Priceline Pharmacy network. The move leaves dozens of stores caught up in insolvency proceedings, with creditors facing debts exceeding A$400 million. The collapse hits just as major retailers ramp up their health and beauty offerings,…
20 January 2026
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Wesfarmers share price holds near A$83 — what to watch before the ASX opens Monday

Wesfarmers share price holds near A$83 — what to watch before the ASX opens Monday

Sydney, Jan 18, 2026, 17:41 AEDT — Market closed Wesfarmers Limited (WES.AX) shares ended Friday at A$83.21, edging up 0.27%. The stock saw no movement over the weekend since the Australian market remained closed. (Wesfarmers) Investors now turn their attention to Australia’s December consumer price index (CPI), set for release on Jan 28. As the key inflation indicator, CPI has…
18 January 2026
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Wesfarmers share price edges up into weekend — what ASX investors watch next for WES

Wesfarmers share price edges up into weekend — what ASX investors watch next for WES

Sydney, Jan 17, 2026, 17:32 (AEDT) — Market closed. Wesfarmers Ltd (WES.AX) closed Friday up 0.27% at A$83.21, as Australia’s stock market wrapped up for the weekend. The shares oscillated between A$82.21 and A$83.24 during the session. (Investing) That modest bump counts—it sets the stage as the calendar fills up. Wesfarmers has gained roughly 2.8% over the past week, tightening…
17 January 2026
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Wesfarmers shares rise as fresh spending data keeps RBA rate talk in play

Wesfarmers shares rise as fresh spending data keeps RBA rate talk in play

Sydney, Jan 15, 2026, 17:39 AEDT — The market has closed. Wesfarmers Limited (ASX:WES) closed Thursday up around 0.9%, finishing at A$82.99 compared to Wednesday’s A$82.29. The stock swung between A$82.18 and A$83.15 during the session, with roughly 1.03 million shares traded. (Eoddata) The update followed fresh data showing Australian consumer spending remained solid at year-end—a crucial factor for Wesfarmers’…
15 January 2026
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Stock Market Today

  • Rigetti Computing Stock Analysis: Catalysts and Challenges to Reach $50 Target
    January 23, 2026, 9:57 AM EST. Rigetti Computing (NASDAQ: RGTI) shares gained around 5% on January 22 following an $8.4 million order from India's C-DAC for a 108-qubit quantum system, signaling market optimism. B. Riley upgraded the stock to "Buy," with a target price of $35, while Wedbush analysts suggest $40. Key growth drivers include scaling quantum systems to 100+ qubits by mid-2026, expanding order pipelines in India and beyond, and leveraging a $600 million cash reserve to advance research and development. Partnerships, such as a $100 million joint venture with Quanta Computer, further support Rigetti's competitive positioning. However, risks remain: quantum computing progress is complex, and sector hype may falter if peers outperform. Investors eyeing a potential doubling of Rigetti's stock to $50 by late 2027 should weigh these catalysts against market volatility and execution challenges.
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