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Business News News 29 January 2026 - 30 January 2026

SanDisk (SNDK) stock price surges in premarket after upbeat forecast, Kioxia supply deal

SanDisk (SNDK) stock price surges in premarket after upbeat forecast, Kioxia supply deal

Sandisk shares soared 18.9% to $641.18 in premarket trading Friday after the company raised its profit outlook and extended key supply deals with Kioxia. The flash-memory maker reported fiscal Q2 revenue up 61% year-over-year to $3.03 billion, with net income at $803 million. CEO David Goeckeler cited strong AI-driven demand from data centers.
30 January 2026
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Lululemon stock slides again as charm push draws heat ahead of CEO exit

Lululemon stock slides again as charm push draws heat ahead of CEO exit

Lululemon shares fell 4.3% Thursday, extending losses as criticism mounts over its product strategy and an upcoming CEO transition. CEO Calvin McDonald steps down Jan. 31, with two executives named interim co-CEOs. The stock closed at $172.54, trailing rivals like Nike. Board tensions have risen after founder Chip Wilson launched a proxy fight in December.
30 January 2026
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Tesco share price rises as 380 job-cut plan puts costs back in focus

Tesco share price rises as 380 job-cut plan puts costs back in focus

Tesco shares rose 0.6% to 423.0 pence in early London trading after the company announced plans to cut about 380 UK jobs in a restructuring. The retailer will begin consultations on closing its Hinckley distribution centre and integrating in-store bakeries at 100 Express stores. Union Usdaw said it will start talks on the proposals.
30 January 2026
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Anglo American share price slides 3% as copper cools from record highs; Fed chair pick looms

Anglo American share price slides 3% as copper cools from record highs; Fed chair pick looms

Anglo American shares fell 3.3% to 3,384 pence in early London trade Friday after copper prices dropped 2.8% on the LME to $13,278.50 a ton. The declines followed Thursday’s record copper rally and profit-taking by investors. EU regulators are due to rule on Anglo’s proposed merger with Teck Resources by Feb. 10. Anglo’s production report is scheduled for Feb. 5.
30 January 2026
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Palo Alto Networks stock drops after Chronosphere deal closes, with earnings next in focus

Palo Alto Networks stock drops after Chronosphere deal closes, with earnings next in focus

Palo Alto Networks shares fell 4.8% to $174.85 Thursday after closing its $3.35 billion acquisition of observability firm Chronosphere. The stock edged up to $176.20 in after-hours trading. Investors are watching for Palo Alto’s Feb. 12 earnings report for updates on integration and the deal’s impact.
30 January 2026
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Eli Lilly stock barely budges after $1.93bn autoimmune pact; Trump touts six U.S. plants

Eli Lilly stock barely budges after $1.93bn autoimmune pact; Trump touts six U.S. plants

Eli Lilly shares closed up 0.03% at $1,024.14 after announcing new research deals in autoimmune disease and gene-editing for hearing loss. Repertoire Immune Medicines will receive $85 million upfront in a collaboration potentially worth $1.84 billion. Lilly also signed a gene-editing agreement with Seamless Therapeutics valued up to $1.12 billion. Investors await Feb. 4 earnings for updates on demand and supply.
30 January 2026
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Adobe stock tumbles after hours as AI disruption fears hit software names

Adobe stock tumbles after hours as AI disruption fears hit software names

Adobe shares fell 2.7% to $291.65 in late trading Thursday, hit by a broader selloff in software stocks after weak guidance from SAP and a post-earnings drop in ServiceNow. Investors cited concerns over AI disrupting subscription software revenue. About 7.4 million Adobe shares traded hands. Traders are watching Friday’s U.S. economic data and Adobe’s next earnings report, set for March 12.
30 January 2026
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TCGL goes vertical: TechCreate cites no undisclosed news as Gujarat’s TCGL opens bids for ₹100 crore “green” Tourism Bhawan

TCGL goes vertical: TechCreate cites no undisclosed news as Gujarat’s TCGL opens bids for ₹100 crore “green” Tourism Bhawan

TechCreate Group Ltd said it has no knowledge of undisclosed information after its NYSE American-listed shares swung between $8.90 and $459.90 Thursday, closing at $86.36 on heavy volume. The Singapore-based payment software firm responded to an exchange query as trading surged over 1,200% at one point. The company said it holds no material nonpublic information.
30 January 2026
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IBM stock rises after earnings beat, as Wall Street zeroes in on Red Hat and Washington risk

IBM stock rises after earnings beat, as Wall Street zeroes in on Red Hat and Washington risk

IBM shares rose 3.3% to $304.01 Thursday after reporting fourth-quarter revenue of $19.7 billion and adjusted earnings of $4.52 per share, beating forecasts. The gain contrasted with declines in other software stocks as investors questioned AI investment returns. Red Hat growth slowed to 10%, partly due to a U.S. government shutdown. IBM will stop reporting its “AI book of business” separately starting next quarter.
29 January 2026
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Home Depot stock slips after 800 job cuts and full-time office order — what investors watch next

Home Depot stock slips after 800 job cuts and full-time office order — what investors watch next

Home Depot shares fell 0.8% to $372.43 Thursday after announcing about 800 corporate layoffs and a new five-day in-office policy. A Georgia WARN notice listed 797 affected employees, with layoffs starting March 31. Most cuts target technology roles. Investors await the company’s February 24 earnings release for updates on demand and margins.
29 January 2026
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Stock Market Today

Walmart stock jumps to $131 as traders brace for CPI and Feb. 19 earnings

Walmart stock jumps to $131 as traders brace for CPI and Feb. 19 earnings

7 February 2026
Walmart shares rose 3.3% Friday to $131.18, up 10% since Jan. 30, as the Dow closed above 50,000 for the first time. The retailer’s market value crossed $1 trillion this week. Investors await January inflation data on Feb. 13 and Walmart’s quarterly results on Feb. 19 for signs of continued momentum.
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