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Business News News 17 January 2026

Micron stock price jumps on insider buy and $100B New York “megafab” — what to watch next week

Micron stock price jumps on insider buy and $100B New York “megafab” — what to watch next week

New York, Jan 17, 2026, 10:55 EST — Market closed. Micron Technology (MU.O) closed Friday 7.8% higher, at $362.75. Shares fluctuated between $346.65 and $365.59, with roughly 48 million traded. This move is crucial as Micron stands at the heart of investor bets on memory prices and AI-driven chip demand. High-bandwidth memory, a premium DRAM variant paired with AI processors,…
Microsoft stock price: MSFT faces Musk’s $134 billion claim ahead of Jan. 28 earnings

Microsoft stock price: MSFT faces Musk’s $134 billion claim ahead of Jan. 28 earnings

New York, Jan 17, 2026, 09:35 EST — Market closed. Microsoft (MSFT) shares are heading into next week with a new legal cloud looming. Elon Musk claims he’s after as much as $134 billion from OpenAI and Microsoft over what he calls “wrongful gains.” Musk told a federal court that OpenAI made between $65.5 billion and $109.4 billion, while Microsoft…
American Airlines stock dips before long weekend as Chicago O’Hare showdown heats up

American Airlines stock dips before long weekend as Chicago O’Hare showdown heats up

New York, January 17, 2026, 07:46 EST — The market is closed. Shares of American Airlines Group (AAL.O) slipped 2.2% on Friday, settling at $15.37. United Airlines (UAL.O) also declined 2.2%, with Delta Air Lines (DAL.N) down 1.2%. JetBlue Airways (JBLU.O) surged 8.2%, while Southwest Airlines (LUV.N) remained mostly flat. U.S. stock markets remain closed Monday in observance of Martin…
Hindustan Copper share price: Kendadih mine restart and $13,000 copper set up a fresh test for HINDCOPPER

Hindustan Copper share price: Kendadih mine restart and $13,000 copper set up a fresh test for HINDCOPPER

Bengaluru, Jan 17, 2026, 17:39 IST — Market session ended. Hindustan Copper Ltd shares slipped roughly 2% to close at 561.45 rupees on Friday, hitting a range between 572.50 and 558.90 during the session. Trading volume reached around 28.5 million shares, per exchange figures compiled by Yahoo Finance. (Yahoo Finance) The stock retreated following a 52-week peak of 576.00 rupees…
Fletcher Jones is shutting down: What’s next for Australia’s century-old retailer

Fletcher Jones is shutting down: What’s next for Australia’s century-old retailer

Melbourne, Jan 17, 2026, 22:04 (AEDT) Australian clothing label Fletcher Jones is shutting its remaining stores and online business, telling customers it is “closing down all stores and online” as it clears stock. The company is running a clearance sale offering 30% off and expects to complete the closure by the end of January. (7NEWS) Closing a name that dates…
Novo Nordisk stock jumps on Wegovy pill scripts and UK high-dose nod — what to watch next week

Novo Nordisk stock jumps on Wegovy pill scripts and UK high-dose nod — what to watch next week

Copenhagen, Jan 17, 2026, 10:59 CET — Market closed. Novo Nordisk shares gained 6.5% on Friday, closing at 388.9 Danish crowns, positioning the stock for a notable open Monday. In New York, the company’s ADRs jumped 9.1% to finish at $62.33. (Investing) This move is crucial as investors seek confirmation that Novo’s new Wegovy pill will maintain its first-to-market advantage…
Riot Platforms stock jumps on $1 billion AMD data-center lease as investors eye next milestones

Riot Platforms stock jumps on $1 billion AMD data-center lease as investors eye next milestones

New York, Jan 17, 2026, 04:57 EST — The market has closed. Riot Platforms shares jumped Friday following the bitcoin miner’s announcement of its first data-center lease with Advanced Micro Devices, marking a move further into the AI infrastructure space. The stock climbed $2.66, roughly 16%, closing at $19.24 amid heavy trading. This move is significant as Riot aims to…
Singapore Airlines stock price: Air India pact and record December traffic set up Monday’s trade

Singapore Airlines stock price: Air India pact and record December traffic set up Monday’s trade

Singapore, January 17, 2026, 15:34 SGT — The market has closed. Singapore Airlines Ltd shares ended Friday at S$6.35, slipping 0.2%, as the Singapore market closed for the weekend. The stock (C6L) approaches Monday amid new developments from India and a slew of traffic data hitting the tape. (Yahoo Finance) Singapore Airlines and Air India announced they have signed a…
ST Engineering share price hits 52-week high — what to watch after JFD marine deal

ST Engineering share price hits 52-week high — what to watch after JFD marine deal

Singapore, Jan 17, 2026, 15:07 SGT — Market closed Shares of Singapore Technologies Engineering Ltd ended Friday at S$9.60, rising 0.7% to hit a 52-week peak. Investors now face a new week, gauging how much of the positive momentum is already baked into the price. This shift is crucial since the stock kicked off 2026 on a high note, narrowing…
Walmart’s CEO handover sparks sweeping exec shake-up — new bosses for U.S., International and Sam’s Club

Walmart’s CEO handover sparks sweeping exec shake-up — new bosses for U.S., International and Sam’s Club

BENTONVILLE, Ark., Jan. 17, 2026, 12:10 a.m. CST Walmart plans a major leadership shuffle starting Feb. 1, with John Furner stepping in as CEO. David Guggina, currently heading e-commerce, will take over Walmart U.S., while Chris Nicholas, who runs Sam’s Club, moves to lead Walmart International. Latriece Watkins is set to become Sam’s Club CEO. Meanwhile, Seth Dallaire, the U.S.…
Uber stock ticks up as Kroger rolls out grocery delivery on Uber Eats nationwide

Uber stock ticks up as Kroger rolls out grocery delivery on Uber Eats nationwide

New York, January 16, 2026, 19:44 (EST) — Trading in after-hours. Shares of Uber Technologies (UBER.N) crept up roughly 0.5% to $84.85 in after-hours trading Friday following the launch of a nationwide grocery delivery service with The Kroger Co (KR.N). During the regular session, the stock fluctuated between $83.01 and $85.01. Meanwhile, ride-hailing rival Lyft (LYFT.O) dropped 2.9%, and food…
IBM stock jumps Friday, then steadies after-hours as Sovereign Core launch and earnings date come into focus

IBM stock jumps Friday, then steadies after-hours as Sovereign Core launch and earnings date come into focus

NEW YORK, Jan 16, 2026, 19:31 EST — After-hours International Business Machines Corp (IBM) shares rose 2.6%, closing at $305.67 on Friday. Volume exceeded the stock’s 50-day average. The price remains roughly 6% shy of its 52-week peak. In after-hours trading, IBM hovered near $305.43. (MarketWatch) Timing is key. IBM aims to offer a clearer solution for “digital sovereignty”—maintaining control,…
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Stock Market Today

  • Market Fallout After Fed Nomination Spurs Gold, Silver, and Oil Sell-Off
    February 2, 2026, 7:17 AM EST. U.S. President Donald Trump's nomination of Kevin Warsh as Federal Reserve Chair candidate has sparked a sharp market downturn. Gold prices tumbled nearly 2% to $4,771.25 per ounce, deepening Friday's historic rout where it fell more than 9%. Silver dropped 1% to $83.81 amid a 31% plunge last week. Oil prices fell about 5% following reports of U.S.-Iran talks. The sell-off reflects investor anxiety over potential Fed policy shifts and reduced liquidity, as stated by Charles-Henry Monchau of Syz Group. Despite current turmoil, JPMorgan strategist Grace Peters maintains a year-end gold price target of $6,500 per ounce, citing central bank buying and institutional support. Portfolios currently underweight gold, with a potential 5-10% allocation recommended as a geopolitical hedge.
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