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Financial News News 13 January 2026

JPMorgan Chase stock falls after Apple Card reserve hits profit as rate-cap risk hangs over banks

JPMorgan Chase stock falls after Apple Card reserve hits profit as rate-cap risk hangs over banks

New York, Jan 13, 2026, 11:02 ET — Regular session JPMorgan Chase & Co shares were down 2.5% at $316.32 in late morning trade on Tuesday, after swinging between $331.00 and $313.96 earlier in the session. The bank reported fourth-quarter net income of $13.0 billion, or $4.63 a share, after setting aside $2.2 billion tied to its forward purchase of the Apple credit card portfolio. “The Firm concluded the year with a strong fourth quarter,” CEO Jamie Dimon said in the release. (SEC) The print lands as Washington re-opens a fight over what credit should cost. Analysts at TD Cowen
Joby Aviation stock slides in New York trade — what’s moving JOBY after CPI

Joby Aviation stock slides in New York trade — what’s moving JOBY after CPI

New York, Jan 13, 2026, 10:49 EST — Regular session Shares of Joby Aviation, Inc. (JOBY) dropped 6.7% to $14.37 by 10:49 a.m. EST, wiping out an initial gain as the stock swung sharply lower. So far, the price has moved between $15.93 and $14.16, with roughly 11.6 million shares traded. The decline followed new U.S. inflation figures that failed to boost bets on near-term rate cuts. December saw consumer prices climb 0.3%, while core inflation, excluding food and energy, edged up 0.2%. That left annual rates steady at 2.7% for overall and 2.6% for core. (Reuters) This is crucial
Palantir stock slips despite Citi upgrade as Feb. 2 earnings loom

Palantir stock slips despite Citi upgrade as Feb. 2 earnings loom

New York, January 13, 2026, 10:42 ET — Regular session Palantir Technologies Inc. shares dropped roughly 1.2% to $177.22 Tuesday morning, lagging a mild pullback in U.S. stocks. The software company is buoyed by an analyst upgrade, while investors keep a close watch on its upcoming earnings release. Citi analyst Tyler Radke raised Palantir to Buy from Neutral and boosted his price target to $235 from $210, citing a pickup in enterprise demand and the possibility of a government defense spending “supercycle.” Citi forecasts Palantir could see 70% to 80% revenue growth by 2026. “We are upgrading PLTR to Buy/High-Risk
Oracle stock slips in regular trade despite Goldman buy call as AI buildout stays in focus

Oracle stock slips in regular trade despite Goldman buy call as AI buildout stays in focus

New York, Jan 13, 2026, 10:51 EST — Regular session Oracle shares dipped Tuesday despite a bullish shift from Goldman Sachs. Investors remained focused on the short-term strain from the company’s ongoing data-center investments. Oracle shares slipped 1.3% to $202.10 in early trading. This matters because Oracle is now a key test of whether the race to expand AI computing power can deliver quick returns—or if spending and financing will outpace profits. Traders have been quick to sell into rallies, particularly when the broader market weakens. Goldman Sachs raised Oracle’s rating to “Buy” from “Neutral,” setting a $240 price target.
Visa stock tumbles 5% as Trump’s 10% credit-card rate cap plan jolts payment stocks

Visa stock tumbles 5% as Trump’s 10% credit-card rate cap plan jolts payment stocks

New York, Jan 13, 2026, 10:53 AM ET — Regular session Shares of Visa (V) dropped 5.1% to $325.85 by late morning Tuesday, deepening a selloff in payment stocks sparked by President Donald Trump’s call for a one-year cap on credit card interest rates. The proposal has shifted “headline risk” throughout the card ecosystem right as major U.S. banks kick off earnings season and investors hunt for signs of a slowdown in consumer credit. This is crucial for Visa, which earns revenue from payment volumes, while card issuers’ readiness to offer credit influences overall spending trends. (Reuters) The stakes are
Cipher Mining stock pops as bitcoin firms, with CEO due at Needham fireside chat

Cipher Mining stock pops as bitcoin firms, with CEO due at Needham fireside chat

New York, Jan 13, 2026, 10:11 EST — Regular session Cipher Mining Inc shares jumped 6.6% to $18.84 Tuesday morning, extending gains amid a choppy run for U.S.-listed bitcoin miners as bitcoin itself showed strength. Cipher CEO Tyler Page is set to speak at 3 p.m. ET during a fireside chat at Needham & Company’s Growth Conference, the company announced in a recent post. (LinkedIn) Why it matters now: Cipher is pushing beyond bitcoin mining into high-performance computing (HPC) hosting — renting out power and space for AI and other intensive tasks. Investors want to see if it can follow
Dow Jones today: DJIA slips from record as Visa and banks weigh after CPI

Dow Jones today: DJIA slips from record as Visa and banks weigh after CPI

New York, January 13, 2026, 10:01 EST — Regular session underway. The Dow Jones Industrial Average dropped 307 points, or 0.6%, to 49,283 in early trading Tuesday, down from its 49,616 open. Visa tumbled close to 4%, and JPMorgan lost over 2%, while Intel climbed nearly 6%, according to Investing.com data. The pullback caught attention after the Dow hit a record close. Investors are weighing if easing inflation will outweigh volatile earnings reports and new political chatter surrounding the Federal Reserve. U.S. consumer prices edged up 0.3% in December, pushing the annual increase to 2.7%, Reuters reported. Core CPI, which
Silver price stock jumps: SLV rallies as silver nears record highs and CME tightens margin rules

Silver price stock jumps: SLV rallies as silver nears record highs and CME tightens margin rules

NEW YORK, Jan 13, 2026, 10:07 ET — Regular session The iShares Silver Trust (SLV) jumped 4.4% to $80.59 Tuesday morning, riding a fresh surge in silver prices. Spot silver climbed 2.3% to $86.94 an ounce earlier, briefly touching a new high of $87.16. The metal’s sharp rally has traders fixated on volatility just as much as its direction. (reuters.com) Volatility is shaking up trade mechanics. On Jan. 12, CME Clearing announced it will shift margins for gold, silver, platinum, and palladium from fixed dollar amounts to a percentage of notional value. These changes take effect after Tuesday’s close. (Margins
AMD stock jumps on KeyBanc upgrade as analyst flags tight 2026 server CPU supply

AMD stock jumps on KeyBanc upgrade as analyst flags tight 2026 server CPU supply

New York, Jan 13, 2026, 09:47 ET — Regular session Shares of Advanced Micro Devices climbed sharply in early Tuesday trading following an upgrade from KeyBanc, pushing the AI-focused chipmaker higher amid a robust start to 2026 for semiconductor stocks. AMD rose roughly 5.6% to $219.37, after closing Monday at $207.69. (Reuters) The call matters now as investors race to figure out if the surge in AI capacity is still driving orders for data-center gear or if that demand has just been pulled forward. AMD’s earnings next month are expected to shed light on this — and probably shift outlooks
Hong Kong market watchdog David Webb dies at 60, leaving small investors without their loudest critic

Hong Kong market watchdog David Webb dies at 60, leaving small investors without their loudest critic

Hong Kong, January 13, 2026, 22:15 (HKT) Hong Kong activist investor David Webb, best known for running the Webb-site.com database and for his “Enigma Network” stock report, has died aged 60, according to a notice posted on one of his social media accounts. The post said he “passed away peacefully in Hong Kong” from metastatic prostate cancer. (South China Morning Post) Webb built a following among investors and market professionals by publishing blunt critiques of companies and regulators, and by compiling corporate and market data that was free to the public. In 2020, he said he would step back after
Micron stock inches up as KeyBanc hikes target to $450, points to tight memory supply

Micron stock inches up as KeyBanc hikes target to $450, points to tight memory supply

New York, January 13, 2026, 09:36 EST — Regular session Micron Technology shares ticked up 0.2% to $345.87 in early U.S. trading Tuesday. KeyBanc raised its price target for the memory-chip giant to $450 from $325, maintaining an Overweight rating. The firm highlighted strong demand from hyperscalers — the largest cloud and data-center customers — which is tightening memory supply and pushing prices higher across more end markets. (TipRanks) The timing is crucial as the market now views memory pricing as the key driver behind chip stock moves. Investors are wrestling with whether the upcycle extends past the next few
Tesla stock rises after CPI print; Wolfe lays out robotaxi milestones investors want next

Tesla stock rises after CPI print; Wolfe lays out robotaxi milestones investors want next

New York, Jan 13, 2026, 09:33 EST — Regular session Tesla shares climbed early Tuesday, buoyed by a steadier mood among rate-sensitive growth stocks following the latest U.S. inflation figures and a new analyst note highlighting autonomy. U.S. consumer prices climbed 0.3% in December, maintaining a 2.7% annual pace, according to the latest data. This keeps the Federal Reserve on track to leave rates unchanged at its Jan. 27-28 meeting. “We got a modicum of good news with today’s CPI report,” said Art Hogan, chief market strategist at B. Riley Wealth, highlighting the slightly softer core inflation reading. Wolfe Research
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Stock Market Today

CapitaLand Investment share price jumps as CapitaLand REIT payouts roll in — what’s next for 9CI

CapitaLand Investment share price jumps as CapitaLand REIT payouts roll in — what’s next for 9CI

7 February 2026
CapitaLand Investment shares rose 1.3% to S$3.12 on Friday, bucking a 0.8% drop in Singapore’s benchmark index. CapitaLand Integrated Commercial Trust reported a 16.4% jump in second-half distributable income, while CapitaLand Ascendas REIT posted a 1.4% full-year rise. CapitaLand China Trust saw full-year DPU fall to 4.82 cents amid weaker yuan and occupancy. CLI reports FY2025 results on Feb. 11.
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