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Business Updates News 20 January 2026 - 23 January 2026

Uber stock dips on NYC tipping-law setback as delivery, safety risks stay in focus

Uber stock dips on NYC tipping-law setback as delivery, safety risks stay in focus

New York, Jan 23, 2026, 13:28 ET — The regular session is underway. Uber Technologies shares edged down Friday after a federal judge dismissed Uber and DoorDash’s bid to block New York City’s tipping laws for food-delivery apps. Uber slipped 0.1% to $82.45 in early afternoon trading. The companies had pushed for a preliminary injunction to halt rules mandating a tip option at checkout, including a suggested minimum 10% tip. But Judge George Daniels ruled the regulations “advance the city’s goals of enhancing cost transparency at the time of checkout.” (Reuters) The move comes as delivery platforms grapple with stricter
Autodesk stock today: ADSK slips after 1,000-job cut plan, outlook raised

Autodesk stock today: ADSK slips after 1,000-job cut plan, outlook raised

New York, January 23, 2026, 11:01 a.m. EST — Regular session Autodesk shares edged down a bit on Friday, slipping about 0.3% in early trading to $268.97. The stock had jumped 4.79% the day before, closing at $269.77. (MarketWatch) Autodesk, the design-software leader, announced plans to slash roughly 7% of its workforce — about 1,000 jobs — to sharpen its focus on cloud and AI projects. The move sent its shares up more than 3% on Thursday. The stock has fallen roughly 13% so far in 2026, after barely budging last year. As of January 31, 2025, the company had
Amazon stock price jumps on report of fresh job cuts as earnings near

Amazon stock price jumps on report of fresh job cuts as earnings near

NEW YORK, Jan 23, 2026, 10:38 AM ET — Regular session Shares of Amazon.com Inc climbed roughly 1.5% on Friday following a Reuters report that the company plans another wave of corporate job cuts next week, aiming to trim its white-collar staff further. The stock hovered near $238 as the Nasdaq 100 edged up and the S&P 500 showed little movement. (Reuters) Timing is crucial as investors scramble to gauge Amazon’s cost structure ahead of its upcoming earnings, following a year when “efficiency” dominated tech talk. For Amazon, the focus remains on balancing profit growth with hefty investments in data
Accenture stock price rises as Palantir-backed “sovereign AI” data-center deal grabs focus

Accenture stock price rises as Palantir-backed “sovereign AI” data-center deal grabs focus

NEW YORK, Jan 22, 2026, 14:25 EST — During the regular session Accenture’s stock climbed roughly 1.6% to $285.18 in Thursday afternoon trading. The consulting giant revealed it was chosen, along with Palantir Technologies, to develop and expand AI-focused data centers across Europe, the Middle East, and Africa. (Accenture Newsroom) This shift matters since investors are quick to factor in any sign that “AI spending” is moving beyond talk to actual projects demanding hardware, power, and the systems to support them — not just pilot programs. For Accenture, the challenge is proving its claim as the firm that integrates major
Shopify stock slips as partner shake-up and new finance push land mid-session

Shopify stock slips as partner shake-up and new finance push land mid-session

NEW YORK, Jan 22, 2026, 13:20 (EST) — Regular session Shares of Shopify Inc. slipped roughly 0.6% to $137.66 by early afternoon Thursday, after trading as high as $144.03 and as low as $137.33. The stock underperformed compared to the broader market, where the S&P 500 ETF rose about 0.8% and the Nasdaq 100 ETF climbed nearly 0.9%. Meanwhile, website builder Wix surged close to 6%. Shopify is stepping up its focus on two key areas investors watch closely: the partner ecosystem that drives merchant onboarding, and the financial and payments tools designed to boost revenue per seller. This matters
Eternal CEO Exit, Ozempic Generic Nod, Waaree Profit Surge: India’s Q3 Results Move Stocks

Eternal CEO Exit, Ozempic Generic Nod, Waaree Profit Surge: India’s Q3 Results Move Stocks

Mumbai, Jan 22, 2026, 16:16 IST Eternal shares swung on Thursday as investors weighed a CEO handover and a fresh set of quarterly numbers, setting the tone for a packed run of December-quarter earnings in India. The results matter because they cut across the parts of the economy that have been driving stock moves: instant delivery, drug exports and domestic healthcare, and energy margins. Investors are also watching banks for early hints on credit costs and deposit competition. Upstox said dozens of firms were due to report for the quarter ended December 2025, including Eternal, Dr Reddy’s Laboratories, Hindustan Petroleum,
TMC stock price jumps premarket as NOAA rule speeds deep-sea mining permits

TMC stock price jumps premarket as NOAA rule speeds deep-sea mining permits

New York, Jan 22, 2026, 05:17 EST — Premarket TMC the metals company Inc shares surged roughly 13% in premarket Thursday, hitting $8.17. This came after a U.S. rule change sped up the review process for deep-sea mining permits. The stock had closed near $7.20 on Wednesday. The move thrusts a policy headline back into the spotlight. Investors are focused on the permitting timeline—rather than metals prices—as the immediate catalyst for TMC, which remains stuck waiting for regulators to determine if and how the U.S. will approve seabed mining on a larger scale. TMC’s case hinges on polymetallic nodules —
Ola Electric CFO quits, Deepak Rastogi steps in as shares slide again

Ola Electric CFO quits, Deepak Rastogi steps in as shares slide again

BENGALURU, Jan 22, 2026, 05:24 IST Shares of Ola Electric Mobility tumbled sharply this week after the company announced CFO Harish Abichandani had resigned, with Deepak Rastogi stepping into the role. The stock plunged as much as 8.2%, hitting ₹32.80 on Tuesday, before settling around a 7.5% loss by early afternoon. https://upstox.com/news/market-news/stocks/ola-electric-mobility-shares-slump-over-8-after-its-cfo-resigns-all-you-need-to-know/article-188046/ The CFO departure comes amid rising tension. Ola’s shares have been slipping for several days, and losing a top executive usually rattles investors even more when nerves are already frayed. Ola has attributed recent struggles to slowing sales and cut its fiscal 2026 revenue forecast back in November.
Mastercard stock slips after Trump revives 10% credit-card cap talk; Brazil card suspension adds edge

Mastercard stock slips after Trump revives 10% credit-card cap talk; Brazil card suspension adds edge

New York, Jan 21, 2026, 18:37 EST — Trading after-hours. Shares of Mastercard Inc dropped roughly 0.8% on Wednesday and saw little movement after hours, following renewed White House scrutiny of the credit-card sector. The stock last changed hands at $527.57. The recent surge has left payments stocks on edge, despite the fact that Mastercard doesn’t control credit-card interest rates—that’s up to the banks. Still, investors are lumping it all together, with headline risk driving the volatility. Visa shares slipped roughly 0.2% late Wednesday. At the same time, American Express climbed around 2.1%, highlighting the market’s ongoing debate over who
Lululemon pulls “Get Low” leggings from its website after sheer complaints, stock drops

Lululemon pulls “Get Low” leggings from its website after sheer complaints, stock drops

Vancouver, January 20, 2026, 15:28 PST Lululemon Athletica halted online sales of its new “Get Low” workout line in North America on Tuesday following customer complaints that the leggings became see-through when bending or squatting. The stock dropped roughly 6% that day. (Reuters) The setback is significant since Lululemon’s growth strategy depends heavily on premium products and rapid turnover in women’s bottoms. Even a minor dip in quality risks driving customers away and hands critics fresh material at a tricky time for the company. (Reuters) The news arrives just days after the company flagged robust holiday demand, expecting fourth-quarter revenue
Diageo share price dips as Fitch pulls ratings coverage and board news lands

Diageo share price dips as Fitch pulls ratings coverage and board news lands

London, 20 January 2026, 09:09 GMT — Regular session. Diageo shares (DGE.L) slipped roughly 0.4% in early Tuesday trading, valuing the maker of Guinness and Johnnie Walker at 1,618.5 pence. (Investing.com) The shift puts the spotlight on balance sheet and policy risks just as investors show little tolerance for surprises from global consumer firms. Credit news and tariff chatter are increasingly shaping the tape, rivaling traditional brand narratives. Diageo slipped 1.84% on Monday, ending the day at £16.25 and trailing the wider FTSE 100 decline. According to MarketWatch, the shares remain roughly 37% off their 52-week peak. (MarketWatch) On Monday,
Uber stock in focus: California legal push, NYC delivery rules and earnings date loom

Uber stock in focus: California legal push, NYC delivery rules and earnings date loom

New York, Jan 19, 2026, 18:31 EST — Market closed. Uber Technologies is throwing its weight behind a California ballot measure aiming to limit attorneys’ fees in car-crash lawsuits. The move signals a potential costly political and legal battle as the ride-hailing giant seeks to rein in one of its toughest issues: litigation stemming from accidents. (Los Angeles Times) Uber’s stock ended Friday at $84.85, gaining 0.56%, on roughly 20.7 million shares changing hands. U.S. markets remained closed Monday in observance of Martin Luther King Jr. Day. (Nasdaq) Why it matters now: investors face a packed schedule of catalysts, with
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Stock Market Today

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 07.02.2026

7 February 2026
LIVEMarkets rolling coverageStarted: February 7, 2026, 12:00 AM ESTUpdated: February 7, 2026, 12:11 AM EST CleanSpark (CLSK) Shares Show Volatility Amid Bitcoin Mining Growth Prospects February 7, 2026, 12:02 AM EST. CleanSpark (CLSK), a bitcoin mining firm, saw a sharp 21.96% rise in one day after a 35.26% decline over 90 days. The company posted $785 million in annual revenue but a net loss of $267 million. Despite recent share price volatility, analysts estimate a fair value of $23.16 per share, more than double the current $10.08 price, reflecting expectations of expansion in mining capacity and improved margins. The valuation
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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