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Business Updates News 24 January 2026 - 27 January 2026

Applied Materials stock jumps nearly 5% as Micron’s Singapore expansion lifts chip-tool shares

Applied Materials stock jumps nearly 5% as Micron’s Singapore expansion lifts chip-tool shares

Applied Materials jumped 4.8% to $334.84 after Micron announced a $24 billion memory plant in Singapore, signaling higher chip equipment demand. Sector peers Lam Research, KLA, and ASML also advanced. Analysts expect enterprise SSD prices to surge as supply tightens. Investors await the Fed’s rate decision Wednesday and ASML’s earnings for clues on 2026 demand.
27 January 2026
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KLA stock jumps nearly 5% as Micron’s $24 billion Singapore plan lifts chip-equipment shares

KLA stock jumps nearly 5% as Micron’s $24 billion Singapore plan lifts chip-equipment shares

KLA shares rose 4.6% to $1,613 in midday New York trading Tuesday, tracking gains across chip-equipment makers after Micron announced a $24 billion Singapore factory. The Philadelphia Semiconductor Index advanced 2.7%. Investors await the Federal Reserve’s policy decision Wednesday and KLA’s earnings report Thursday for signals on sector demand.
27 January 2026
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Exxon Mobil stock price climbs as Gulf Coast freeze tightens oil; BYD tie-up, CCS launch add focus

Exxon Mobil stock price climbs as Gulf Coast freeze tightens oil; BYD tie-up, CCS launch add focus

Exxon Mobil began shutting units at its Baytown, Texas complex due to freezing Gulf Coast weather. Shares rose 1.1% to $136.32 as oil prices climbed. Traders are watching for Exxon’s Jan. 30 earnings and OPEC+ supply talks this weekend. The company also launched commercial carbon capture operations in Louisiana.
27 January 2026
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Cisco stock jumps on Evercore upgrade as Cisco rolls out new 360 Partner Program

Cisco stock jumps on Evercore upgrade as Cisco rolls out new 360 Partner Program

New York, Jan 26, 2026, 16:28 ET — After-hours Cisco Systems Inc shares jumped roughly 3.3% to $77.02 in after-hours trading Monday. The boost came after Evercore ISI upgraded the networking gear maker, citing a multi-year surge driven by AI demand and an enterprise network refresh. This call counts more than ever as Cisco pushes to reposition itself as an “AI era” infrastructure provider, moving beyond its legacy as a router-and-switch stalwart. Its shares have trailed some faster-growing networking peers over the last year, with investors eager for clear proof that orders are translating into consistent revenue streams. This comes
26 January 2026
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Compass Group share price steadies as CPG eyes Feb 5 update and AGM

Compass Group share price steadies as CPG eyes Feb 5 update and AGM

London, Jan 26, 2026, 08:07 GMT — Regular session Shares of Compass Group PLC inched up 0.1% in early London trade on Monday, hovering near 2,240 pence after starting around 2,234.5 pence. Trading was confined to a narrow range with light volume at the session’s outset. (Redmayne Bentley) Timing is crucial for investors. The next batch of company events kicks off in early February, marking the first major checkpoint in trading for the new financial year. Compass, the contract caterer and support services firm, usually moves on modest changes in volume growth, pricing, and labor costs. But that balance can
26 January 2026
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EquipmentShare stock jumps 33% in IPO debut — what to know before EQPT trades again

EquipmentShare stock jumps 33% in IPO debut — what to know before EQPT trades again

NEW YORK, Jan 25, 2026, 07:26 EST — Market closed EquipmentShare.com Inc’s Class A shares (EQPT) jumped 32.9% from their $24.50 IPO price, finishing Friday at $32.56 in their Nasdaq debut. With U.S. markets closed for the weekend, Monday will tell if this initial surge holds. (Finviz) The company pulled in $747.3 million Thursday by selling 30.5 million shares at $24.50 apiece, hitting the top of its marketed range — a clear signal that appetite for new listings is holding strong into early 2026. EquipmentShare operates 373 locations across 45 states and employs over 7,500 people. It plans to nearly
25 January 2026
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BT shares finish week higher as Openreach widens copper switch-off list, with Feb 5 update next

BT shares finish week higher as Openreach widens copper switch-off list, with Feb 5 update next

London, Jan 25, 2026, 09:30 GMT — Markets are closed. BT Group shares climbed on Friday, extending a two-day winning streak, after its Openreach division announced accelerated plans to retire copper lines. (Hargreaves Lansdown) The shift is critical at this stage. BT’s fibre rollout and copper phase-out depend on accelerating network simplification and safeguarding its broadband customers. Investors are bracing for a heavy slate of sector earnings reports ahead. Openreach plans to halt sales of copper-based phone and broadband services at 132 additional exchanges, impacting roughly 1.23 million premises, Telecompaper reports. The company has given service providers a year’s notice.
25 January 2026
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Nestle stock price: baby-formula death probe and water-unit sale report set up next week

Nestle stock price: baby-formula death probe and water-unit sale report set up next week

Zurich, Jan 24, 2026, 22:15 (CET) — Market closed. Nestlé shares opened the week under pressure after French officials launched probes into two infant deaths connected to a baby formula recall from earlier this month. Nestlé shares (NESN) closed Friday on the SIX Swiss Exchange at 72.47 Swiss francs, down 0.98% for the day. (MarketWatch) The main issue has shifted: it’s no longer just about managing the recall logistics. Now, it’s moving into legal and political territory, where deadlines drag on and forecasts grow much murkier. Investors are weighing Nestlé’s plan to sell a stake in its water business —
24 January 2026
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Oracle stock heads into Monday after Morgan Stanley cuts target, TikTok deal draws heat

Oracle stock heads into Monday after Morgan Stanley cuts target, TikTok deal draws heat

New York, Jan 24, 2026, 10:31 ET — Market closed. Oracle shares closed Friday down 0.6%, settling at $177.16 after trading between $172.15 and $180.18. Morgan Stanley lowered its price target, highlighting the expenses tied to Oracle’s drive to deliver AI computing power. (Investing.com) Why this matters now: Investors have been betting on Oracle scoring major AI cloud deals, but attention is shifting to the costs behind scaling up. The discussion has moved beyond demand to focus on cash flow—how fast data centers start generating profit and if the balance sheet can cover the upfront expenses. Tensions escalated when TikTok
24 January 2026
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SGX stock rises as board-lot revamp plan lands; investors eye Feb 5 results

SGX stock rises as board-lot revamp plan lands; investors eye Feb 5 results

Singapore, Jan 24, 2026, 15:17 SGT — Market closed Shares of Singapore Exchange Ltd (SGX: S68) climbed on Friday following a proposal from its regulatory unit to reduce the standard trading lot size for more expensive stocks. This change is designed to make it cheaper for retail investors to get started. The stock finished at S$17.52, marking a 1.27% gain, ahead of the weekend market closure. (StockAnalysis) The timing is crucial as Singapore aims to boost activity in a market often plagued by thin trading across many stocks. For SGX, increased turnover and a steadier flow of new listings could
24 January 2026
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Uber stock price dips as NYC tipping-law setback hits delivery apps; what’s next for UBER shares

Uber stock price dips as NYC tipping-law setback hits delivery apps; what’s next for UBER shares

New York, Jan 23, 2026, 21:08 (EST) — Market closed. Federal judges turned down Uber Technologies’ attempt, joined by DoorDash and Instacart, to halt New York City laws targeting food-delivery apps. These include a mandate that customers must see a tipping option at checkout. Uber shares dipped 0.3%, ending Friday at $82.31. (Reuters) Why it matters now: The laws kick in on Jan. 26, and companies warn that higher end-of-order fees could dampen demand as customers hesitate. Uber’s delivery segment has drawn particular scrutiny from regulators and city officials aiming to boost worker protections and enforce price transparency. Uber has
24 January 2026
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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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