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Business News News 15 January 2026

CoreWeave stock jumps as CEO swats down Nvidia “circular financing” talk

CoreWeave stock jumps as CEO swats down Nvidia “circular financing” talk

CoreWeave shares rose about 10% to $98.72 Thursday after CEO Michael Intrator denied “circular financing” allegations involving Nvidia. A securities lawsuit was filed the same day, targeting disclosures from March to December 2025. An insider sale by Chief Development Officer Brannin McBee surfaced, with 26,000 shares sold for $2.31 million.
15 January 2026
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J.D. Irving seeks an NB Power grid exit as minister backs self-generated wind power plan

J.D. Irving seeks an NB Power grid exit as minister backs self-generated wind power plan

New Brunswick’s natural resources minister backs J.D. Irving Ltd. and other major industries seeking to self-supply renewable energy outside NB Power’s grid. NB Power warns losing large customers could raise bills for other ratepayers. The utility recently signed a 200-megawatt wind power deal with a J.D. Irving subsidiary. Industry leaders say they need relief from rising power costs.
15 January 2026
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Intuit stock slips again after sharp drop as TurboTax opens NYC flagship

Intuit stock slips again after sharp drop as TurboTax opens NYC flagship

Intuit shares slipped 0.6% to $563.20 Thursday morning, after a 6% plunge Wednesday, their sharpest drop since April 2025. The company opened a flagship TurboTax store in New York and nearly 600 in-person tax help sites nationwide ahead of the Jan. 26 U.S. tax season kickoff. Investors remain cautious about Intuit’s push into assisted tax services.
15 January 2026
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Talen Energy stock jumps on $3.45 billion natural gas plant deal — what to watch next

Talen Energy stock jumps on $3.45 billion natural gas plant deal — what to watch next

Talen Energy shares rose nearly 10% Thursday after announcing a $3.45 billion deal to buy 2.6 GW of gas-fired power plants from Energy Capital Partners. The purchase includes three facilities in Ohio and Indiana and will be funded with new debt and stock. Talen expects the deal to close in the second half of 2026. The company cited surging data center demand in the PJM power market.
15 January 2026
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Meta stock drops as Reality Labs layoffs and Wikipedia AI deal put costs in focus

Meta stock drops as Reality Labs layoffs and Wikipedia AI deal put costs in focus

Meta Platforms shares fell 2.4% to $615.52 Thursday after the company cut about 1,500 jobs in its Reality Labs unit, shifting investment from metaverse projects to AI and wearables. Earthjustice urged regulators to review Meta’s $27 billion Louisiana data center deal, citing a lease arrangement that could let Meta exit with minimal cost. Wikimedia Foundation announced licensing deals with Meta, Microsoft, and Amazon for AI training.
15 January 2026
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Microsoft stock drops as Swiss antitrust probe, Wikipedia AI deals stack up ahead of earnings

Microsoft stock drops as Swiss antitrust probe, Wikipedia AI deals stack up ahead of earnings

Microsoft shares fell 2.4% to $459.38 in early New York trading Thursday after Switzerland’s competition commission opened a preliminary probe into its licensing fees. The Invesco QQQ dropped 1%. Microsoft said it would cooperate with Swiss regulators. Investors are watching for AI-related expenses and new licensing deals ahead of Microsoft’s Jan. 28 earnings report.
15 January 2026
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Boston Scientific’s $14.5B Penumbra buy: $374-a-share deal lifts PEN stock before the open

Boston Scientific’s $14.5B Penumbra buy: $374-a-share deal lifts PEN stock before the open

Boston Scientific will acquire Penumbra for about $14.5 billion, offering $374 per share in cash and stock. Penumbra shares rose more than 13% premarket, with the bid representing a 19.3% premium to the previous close. The deal expands Boston Scientific’s reach in catheter-based clot removal and neurovascular devices. Penumbra CEO Adam Elsesser will join Boston Scientific’s board.
15 January 2026
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Empire Wind decision day: Judge weighs Trump offshore wind pause as Equinor warns of termination

Empire Wind decision day: Judge weighs Trump offshore wind pause as Equinor warns of termination

U.S. District Judge Carl Nichols will rule Thursday on whether Equinor can resume construction of its $5.5 billion Empire Wind project off Long Island, halted under a Trump administration order citing national security. Equinor says the project could be terminated if work does not restart by Jan. 16. The Interior Department paused five East Coast wind projects last month over radar concerns. A separate judge cleared Orsted’s Revolution Wind project to proceed Monday.
15 January 2026
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Broadcom stock falls again as China targets VMware; RBC says OpenAI upside ‘less clear’

Broadcom stock falls again as China targets VMware; RBC says OpenAI upside ‘less clear’

Broadcom shares dropped 4.2% to $339.89 premarket after reports that China ordered local firms to stop using foreign cybersecurity software, including VMware. The directive targets over a dozen U.S. and Israeli companies, citing national security. Broadcom also announced a $4.5 billion senior notes offering and began redeeming some VMware-linked debt. The stock fell 4.15% Wednesday amid a broader tech selloff.
15 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.
Caterpillar stock price jumps 7% to $726 as Dow cracks 50,000 — what matters next week

Caterpillar stock price jumps 7% to $726 as Dow cracks 50,000 — what matters next week

7 February 2026
Caterpillar shares surged 7.1% to $726.20 Friday, driving the Dow above 50,000 for the first time. The move erased recent losses and followed insider selling by Group President Bob De Lange earlier in the week. Deere and CNH Industrial also gained as investors rotated into industrial stocks. Markets await next week’s U.S. jobs and inflation data.
Amazon stock slides as $200B AI spending plan meets cautious profit outlook

Amazon stock slides as $200B AI spending plan meets cautious profit outlook

7 February 2026
Amazon shares fell 9% Friday after the company announced plans for $200 billion in 2026 capital spending, mainly for AWS and AI, and issued a first-quarter profit outlook below estimates. The stock drop could erase $200 billion in market value. Fourth-quarter net sales rose 14% to $213.4 billion, while free cash flow declined due to higher spending on AI infrastructure.
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