Today: 7 February 2026
Subscribe
Browse Category

Financial News News 17 January 2026

DraftKings stock sinks 8% on New York betting revenue slump as prediction markets steal the spotlight

DraftKings stock sinks 8% on New York betting revenue slump as prediction markets steal the spotlight

NEW YORK, Jan 17, 2026, 05:18 EST — Market closed. DraftKings Inc shares ended Friday roughly 8% lower, closing at $32.62. It capped a turbulent week for online betting stocks as the NFL playoffs approach and investors brace for a long weekend. New York, a major U.S. mobile sports wagering hub, saw weekly “gross gaming revenue” drop to $37.3 million for the week ending Jan. 11, down from $62.0 million the previous year. Meanwhile, “handle” — the total wagers placed — edged down about 2% to $549.6 million. The state levies a 51% tax on mobile sports wagering GGR, with
17 January 2026
···
Intuitive Machines stock surges 11% after Morgan Stanley turns upbeat on space — what to watch next week

Intuitive Machines stock surges 11% after Morgan Stanley turns upbeat on space — what to watch next week

New York, Jan 17, 2026, 05:24 EST — The market has closed. Intuitive Machines shares surged 10.7% on Friday, finishing at $21.58. The stock traded in a range from $19.37 up to $22.395 during the session, with roughly 19.6 million shares changing hands. This matters because the stock now acts as a proxy for near-term contract catalysts and overall risk appetite in space tech—a sector known to jump on just one headline. Morgan Stanley boosted the sector’s momentum on Friday, calling the space technology field “Attractive” for 2026. Analyst Kristine Liwag highlighted 2025 as a “banner year” and expects 2026
17 January 2026
········
Constellation Energy stock tumbles nearly 10% as PJM power-price curbs enter the frame

Constellation Energy stock tumbles nearly 10% as PJM power-price curbs enter the frame

New York, Jan 17, 2026, 04:58 EST — Market closed. Constellation Energy shares tumbled 9.8% to close at $307.71 on Friday, marking their steepest single-day decline in months. The selloff hit U.S. power producers tied to PJM following a late-week policy move targeting electricity price controls. Vistra dropped 7.4%, while NRG Energy slipped 4.1%. The move comes at a tricky time for a trade behind much of the sector’s rally: betting on data centers tightening supply and pushing up wholesale prices for years. Now, a sudden pivot to caps and special procurement auctions pushes investors to weigh political risk alongside
17 January 2026
······
AppLovin stock price drops 6% into long weekend as Feb. 11 earnings near

AppLovin stock price drops 6% into long weekend as Feb. 11 earnings near

NEW YORK, Jan 17, 2026, 05:05 ET — Market closed. AppLovin Corporation (NASDAQ:APP) shares dropped 6.3% Friday, closing at $568.76. The stock swung between a high of $615.98 and a low of $560.05 during the session. Roughly 8.6 million shares traded hands. The dip is significant ahead of the holiday-shortened week for U.S. markets, as traders weigh risk appetite amid an active earnings season. “To finish the week around flat… most investors will take that as a win,” said Ameriprise Financial’s Anthony Saglimbene in a Reuters interview. (reuters.com) AppLovin’s recent pullback comes alongside fresh bullish coverage from the sell side.
17 January 2026
····
Legal & General stock slips — the UK data calendar that could move LGEN next week

Legal & General stock slips — the UK data calendar that could move LGEN next week

London, Jan 17, 2026, 09:30 (GMT) — Market closed. Legal & General Group Plc (LGEN.L) shares ended Friday at 265.8 pence, down 0.3 pence, or 0.11%, from the prior close. With the London market closed over the weekend, investors are left to digest broader economic cues ahead of Monday’s session. (Hargreaves Lansdown) The dip is slight, yet the setup feels familiar. Legal & General operates in a segment that often moves with interest rate shifts: it underwrites long-term retirement policies and manages substantial bond holdings, making gilt yields—yields on UK government bonds—crucial. UK data and shifting rate expectations fueled market
17 January 2026
·····
Marks & Spencer share price ends Friday higher — what traders watch next week

Marks & Spencer share price ends Friday higher — what traders watch next week

London, Jan 17, 2026, 09:28 GMT — Market closed. Marks & Spencer Group (MKS.L) shares closed up 0.9% on Friday at 366.8 pence, with London markets shut over the weekend. About 25 million shares changed hands, and the stock sits about 12% below its 52-week high of 417.8p. (lt.morningstar.com) The rise capped a week in which the shares gained about 4%, after a choppy start to January. Investors have treated M&S as a quick gauge of the British consumer: food has held up, while discretionary spend looks less dependable. (Investing.com) Next week brings two data points that can move rate
17 January 2026
·····
Ashtead Group share price: Buyback filing keeps traders focused as London heads into Monday

Ashtead Group share price: Buyback filing keeps traders focused as London heads into Monday

London, Jan 17, 2026, 09:15 GMT — Market closed. Ashtead Group shares dipped 22 pence, or 0.41%, ending Friday at 5,302 pence in London. During the session, the stock fluctuated between 5,268 and 5,346 pence. (Investing.com) Ashtead’s ongoing wave of buyback announcements is crucial as the equipment rental giant aims to highlight cash returns ahead of its planned move to list primarily on the New York Stock Exchange. The company, which operates as Sunbelt Rentals, is already the second-largest equipment rental firm in the U.S. (Reuters) On Friday, a regulatory filing revealed Ashtead purchased 72,300 ordinary shares for treasury on
17 January 2026
····
Standard Chartered share price hits new 52-week high — what to watch for STAN.L on Monday

Standard Chartered share price hits new 52-week high — what to watch for STAN.L on Monday

London, Jan 17, 2026, 09:15 GMT — Market closed. Standard Chartered shares ended Friday at 1,878.5 pence, gaining 1.5% and hitting a fresh 52-week peak. The stock outperformed a largely unchanged broader market. (MarketWatch) Standard Chartered is now considering selling its entire Botswana operation, not just its wealth and retail units, the country’s central bank revealed. The sale could take 12 to 15 months, with the regulator set to supervise the handover. Standard Chartered is exploring options for its credit-card business in India, including a possible sale, Bloomberg reported, citing sources familiar with the situation. (Morningstar) Stepping aside from deal
17 January 2026
·····
Experian share price slips into the weekend as dividend FX set — what to watch next week

Experian share price slips into the weekend as dividend FX set — what to watch next week

London, Jan 17, 2026, 09:05 GMT — Market closed. Experian (EXPN) shares ended Friday down 1.02%, closing at 3,296 pence. The dip came as the credit data company announced the exchange rate for its first interim dividend ahead of the weekend. (MarketScreener) The next big moment for the stock is coming up soon. Experian plans to report third-quarter trading for FY26 on Jan. 21. Back in November, CEO Brian Cassin told investors to expect full-year total revenue growth around 11% and organic growth near 8% — “at the top end” of its earlier forecast. (FT Markets) The dividend update highlights
17 January 2026
····
NatWest share price ends week up 2% at 652.8p as buybacks run; BoE decision, results ahead

NatWest share price ends week up 2% at 652.8p as buybacks run; BoE decision, results ahead

London, January 17, 2026, 08:53 (GMT) — Market closed. NatWest Group Plc shares ended Friday at 652.8 pence (6.53 pounds), rising 2.16%. London markets were closed over the weekend. The stock fluctuated between 636.6p and 652.8p, with roughly 18.5 million shares traded. (Investing.com) NatWest has jumped back into the rate trade ahead of the Bank of England’s upcoming Bank Rate decision on Feb. 5. The benchmark currently stands at 3.75%. (Bank of England) NatWest has marked a key date: the bank will release its 2025 annual results at 7 a.m. GMT on Friday, Feb. 13. Investors are keen to see
17 January 2026
·····
National Grid stock hits a fresh 52-week high — here’s what matters before Monday

National Grid stock hits a fresh 52-week high — here’s what matters before Monday

London, Jan 17, 2026, 08:55 GMT — The market has closed. National Grid (NG.L) shares climbed 1.74% to close at 1,201.5 pence on Friday, hitting a fresh 52-week peak. The stock saw heavier-than-usual volume, outpacing the broader FTSE 100, which slipped. (MarketWatch) London markets are closed for the weekend, leaving the utility poised to open next week at a key round-number level that traders monitor, near the peak of its recent trading range. That’s crucial now, as rate bets have been driving performance in defensive, dividend-paying stocks. Utilities often act as “bond proxies,” a term for shares that shine when
17 January 2026
····
Unilever stock dips into the weekend: what ULVR investors watch next week

Unilever stock dips into the weekend: what ULVR investors watch next week

London, Jan 17, 2026, 08:38 GMT — Market closed Unilever’s shares edged lower ahead of the weekend, finishing Friday down 0.4% at 4,761.5 pence. The stock fluctuated between 4,750.5 and 4,799.0 pence on a turnover of roughly 3.3 million shares. (shareprices.com) With markets closed, focus moves beyond Friday’s modest move to Unilever’s next update on demand and pricing. Investors want to know if growth stems from higher sales volumes or just increased prices. That’s important now since consumer-staples stocks have served as a safe haven during the rally earlier this year. With the broader market near its highs and earnings
17 January 2026
····
1 … 187 188 189 190 191 … 749

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.
Go toTop