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Business News News 22 January 2026 - 23 January 2026

Keppel Limited stock rises on 25-year Bifrost cable deal; investors eye Feb 5 results

Keppel Limited stock rises on 25-year Bifrost cable deal; investors eye Feb 5 results

SINGAPORE, Jan 23, 2026, 15:08 SGT — regular session Keppel Ltd shares climbed 1.1% to S$11.01 by 2:50 p.m. SGT on Friday, following the announcement of a 25-year contract linked to its Bifrost trans-Pacific subsea cable. The stock kicked off at S$11.00 and fluctuated between S$10.97 and S$11.06, with roughly 2.1 million shares traded. (StockAnalysis) This move is significant because long-term capacity leases offer investors a key advantage: contract visibility. Keppel has been pushing to boost recurring income through infrastructure-style assets, and Bifrost fits neatly into that strategy. The timing is tricky. Keppel’s full-year results come out in early February,
FTAI Aviation stock rises on CFM56 engine deal — what to watch before Friday’s session

FTAI Aviation stock rises on CFM56 engine deal — what to watch before Friday’s session

New York, Jan 22, 2026, 21:14 EST — Market closed. Shares of FTAI Aviation Ltd. climbed 2.3% on Thursday, ending the day at $293.49. The gain followed the announcement of a multi-year materials agreement with CFM International supporting the widely used CFM56 jet engine. Airlines are leaning heavily on maintenance as they wait for new aircraft, pushing engine shops to operate at full capacity. This surge is boosting attention—and investment—in the parts and repairs sector tied to active fleets. GE Aerospace, which co-owns CFM, said Thursday that “aircraft supply constraints” are fueling strong demand for its high-margin parts and services.
Netflix stock slides after hours as Warner deal fight drags on and Washington scrutiny looms

Netflix stock slides after hours as Warner deal fight drags on and Washington scrutiny looms

New York, Jan 22, 2026, 16:51 (ET) — After-hours Netflix shares dropped 2.2% to $83.54 in after-hours trading Thursday, deepening the decline sparked by its bid for key Warner Bros. Discovery assets and a cautious 2026 outlook. This stock shift is significant because the Warner deal could instantly reshape Netflix’s cash flow, capital returns, and spending outlook. Investors are weighing the potential boost from acquiring HBO Max and a broader studio catalog against the expenses involved in pulling it off. The calendar is shifting rapidly. What started as a takeover battle has become a series of deadlines and regulatory checkpoints,
Applied Digital (APLD) stock slips after it breaks ground on 430-MW “AI factory” campus

Applied Digital (APLD) stock slips after it breaks ground on 430-MW “AI factory” campus

New York, Jan 22, 2026, 3:03 PM EST — Regular session Shares of Applied Digital dipped Thursday following the announcement that the data center operator has started construction on a new “AI factory” campus. Investors appeared cautious, balancing the potential from customer deals against the heavy expenses and challenges of expanding power-intensive facilities. (Applied Digital Corporation) This announcement is crucial as markets have rapidly adjusted valuations for firms linked to artificial intelligence expansions—yet they’ve been equally swift to penalize setbacks, funding shortfalls, or developments launching empty. For Applied Digital, growth now hinges less on the sheer megawatt figures and more
StubHub hit with shareholder lawsuit as lead-plaintiff deadline nears — what investors need to know

StubHub hit with shareholder lawsuit as lead-plaintiff deadline nears — what investors need to know

NEW YORK, Jan 22, 2026, 14:49 (EST) Investors in StubHub Holdings Inc have until Friday to petition a U.S. court to be named lead plaintiff in a proposed securities class action over disclosures tied to the company’s September initial public offering. The timing is crucial since the lead plaintiff usually guides litigation strategy and settlement negotiations in shareholder lawsuits. Plus, the deadline can reignite focus on a stock that’s already taken a steep dive since its debut. The complaint accuses StubHub’s IPO documents of being misleading by failing to disclose a change in when vendors were paid—a move that eventually
Pfizer stock ticks up as ViiV exit plan and Novavax vaccine deal keep PFE in focus

Pfizer stock ticks up as ViiV exit plan and Novavax vaccine deal keep PFE in focus

New York, Jan 22, 2026, 14:34 EST — Regular session Pfizer shares climbed Thursday after the company announced two deals highlighting its strategy to transform its business. By afternoon, the stock had gained roughly 0.8%, reaching $26.10. Timing is crucial. Pfizer is working to stabilize its narrative after the COVID-era tailwind waned, as investors prepare for several patent expirations — the “loss of exclusivity” phase when cheaper generics typically hit sales. The company has warned that the next few years will be rough, with no revenue growth expected before 2029. (Reuters) On the HIV front, GSK announced Pfizer is selling
AST SpaceMobile stock jumps as Blue Origin lines up late-February New Glenn launch for BlueBird 7

AST SpaceMobile stock jumps as Blue Origin lines up late-February New Glenn launch for BlueBird 7

New York, Jan 22, 2026, 14:46 EST — Regular session Shares of AST SpaceMobile climbed Thursday following the announcement that its BlueBird 7 mission will launch in late February. This will be the company’s first flight aboard Blue Origin’s New Glenn rocket. The timing is crucial since AST remains in build-out mode. Traders have focused on launch milestones as a key indicator of whether the company can expand its constellation and push toward commercial service within this year. AST SpaceMobile jumped roughly 13.9% to $117.89 in afternoon trading, hitting a high of $117.94. It started the day at $109.71. AST
ServiceNow stock climbs as OpenAI tie-up keeps AI agents in focus ahead of earnings

ServiceNow stock climbs as OpenAI tie-up keeps AI agents in focus ahead of earnings

New York, Jan 22, 2026, 13:18 EST — Regular session Shares of ServiceNow, Inc. climbed Thursday, gaining $2.24, or 1.8%, to close at $127.54. The stock fluctuated between $125.10 and $127.67 during the day. The stock has endured a tough run. ServiceNow dropped 1.5% on Tuesday, marking its fifth consecutive day in the red. Still, it fared better than several software rivals as the S&P 500 fell roughly 2%. (marketwatch.com) Analyst sentiment remains cautious heading into earnings. This week, TD Cowen’s Derrick Wood cut his price target to $200 from $230 but maintained a Buy rating. He described his checks
Salesforce stock rebounds as Dow firms; Benioff’s Davos AI warning keeps CRM in focus

Salesforce stock rebounds as Dow firms; Benioff’s Davos AI warning keeps CRM in focus

NEW YORK, Jan 22, 2026, 12:08 PM EST — Regular session Salesforce (CRM.N) shares climbed roughly 1.7% to $225.25 on Thursday, buoyed by a tech-driven rally in U.S. equities. The stock fluctuated within a range of $221.28 to $226.55. Salesforce rebounded following a tough stretch. The stock dropped 3.1% on Tuesday, ending the day at $220.07, down roughly 40% from its 52-week peak, according to MarketWatch data. (MarketWatch) This is crucial since Salesforce serves as a barometer for major corporate software spending. Investors have slammed cloud stocks at the slightest sign that deal cycles are dragging out. Once risk appetite
Palantir stock price flat as HD Hyundai deal lands, with earnings next in focus

Palantir stock price flat as HD Hyundai deal lands, with earnings next in focus

New York, January 22, 2026, 10:19 EST — During regular session Palantir Technologies shares held steady at $165.34 in early New York trading Thursday, following news of a multi-hundred-million-dollar, multi-year enterprise software deal with HD Hyundai, according to a source familiar with the matter. Palantir declined to comment on the deal’s specifics. The stock fluctuated between $165.04 and $169.94 as the Nasdaq-tracking Invesco QQQ rose about 0.3%. Meanwhile, Datadog jumped roughly 6%, with Snowflake and C3.ai posting modest gains. This agreement builds on work begun in 2021, with both companies noting Palantir’s software accelerated HD Hyundai’s shipbuilding by around 30%.
Netflix stock slips in premarket as Warner bid fight drags on to Feb. 20

Netflix stock slips in premarket as Warner bid fight drags on to Feb. 20

New York, Jan 22, 2026, 08:30 ET — Premarket Netflix shares fell 2.2% to $85.36 in premarket trading Thursday after Paramount Skydance pushed back the deadline for its hostile tender offer for Warner Bros Discovery to Feb. 20, prolonging the expensive takeover battle. (Reuters) The extension buys Paramount extra time to approach shareholders directly — a tender offer means buying shares right from investors — and maintains pressure on Netflix as it pursues an all-cash $82.7 billion bid for Warner’s studio and streaming units. “This new agreement only ramps up the pressure,” said Alex Fitch, portfolio manager at Harris Oakmark.
GE Aerospace earnings beat: 2026 profit forecast tops estimates as airlines keep engines in the shop

GE Aerospace earnings beat: 2026 profit forecast tops estimates as airlines keep engines in the shop

CINCINNATI, Jan 22, 2026, 07:09 EST GE Aerospace predicted on Thursday that its 2026 adjusted earnings per share will exceed Wall Street expectations, driven by strong demand for spare parts and maintenance as airlines extend the life of older aircraft. Shares climbed nearly 4% in premarket trading. The company also noted that parts and services account for over 70% of its commercial engine revenue. (Reuters) Timing is crucial. Boeing and Airbus have lagged in delivering new planes, forcing airlines to pour money into maintaining their current fleets—despite steady global travel demand. This shift has boosted pricing power for engine makers
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Stock Market Today

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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