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Investment News 29 January 2026

Western Digital stock slides ahead of earnings after Seagate rally — what’s next for WDC shares?

Western Digital stock slides ahead of earnings after Seagate rally — what’s next for WDC shares?

Western Digital shares fell 2.8% to $271.81 in early Thursday trading, paring Wednesday’s 10.7% rally ahead of its fiscal second-quarter results due after the U.S. market closes. Investors are watching for guidance on cloud storage demand and pricing. Seagate and Micron also slipped. Western Digital’s stock is up nearly 400% since November 2024.
Sandisk stock price rises ahead of earnings as AI storage trade stays in focus (SNDK)

Sandisk stock price rises ahead of earnings as AI storage trade stays in focus (SNDK)

Sandisk shares rose 1% to $532.99 Thursday morning ahead of its fiscal Q2 results due after market close. Seagate and Western Digital also gained, while Micron slipped. Analysts expect Sandisk to report $2.7 billion in revenue and $3.62 adjusted EPS. Investors are focused on the company’s outlook for NAND pricing and data-center demand.
Deutsche Bank stock steadies after record profit, buyback as money-laundering probe hangs over shares

Deutsche Bank stock steadies after record profit, buyback as money-laundering probe hangs over shares

Deutsche Bank posted its highest annual profit since 2007, reporting €6.12 billion for 2025 and approving a €1 billion share buyback. Shares rose 0.1% on Xetra after falling 3% Wednesday, when German police raided its offices over a money-laundering probe tied to 2013–2018 transactions. The bank says it is cooperating with authorities.
Bitcoin price slips below $88,000 as Fed pause and ETF outflows keep crypto pinned

Bitcoin price slips below $88,000 as Fed pause and ETF outflows keep crypto pinned

Bitcoin fell 1.8% to $87,686 in early New York trading Thursday after the Federal Reserve held rates steady and signaled no imminent cuts. U.S. spot bitcoin ETFs saw $19.6 million in net outflows on Jan. 28, with BlackRock’s IBIT losing $14.2 million and Fidelity’s FBTC gaining $19.5 million. Ether dropped 3% to $2,924. Gold surged 4% Wednesday, nearing $5,400 an ounce.
Silver price today: record $120 spike fades as safe-haven demand meets Fed uncertainty

Silver price today: record $120 spike fades as safe-haven demand meets Fed uncertainty

Silver jumped to a record $120.45 an ounce Thursday before retreating, up nearly 64% in 2026. Spot silver last traded at $117.42, lifted by safe-haven demand amid U.S.-Iran tensions and a weaker dollar. Traders are watching U.S. policy and jobs data for rate-cut signals. Copper and gold also rose as metals rallied.
ENvue Medical stock pulls back in premarket after 119% surge on U-Deliver distribution deal

ENvue Medical stock pulls back in premarket after 119% surge on U-Deliver distribution deal

ENvue Medical shares fell about 10% premarket Thursday after soaring 119% Wednesday on news of a U.S. distribution deal with U-Deliver for its reusable ENFit syringes. Trading volume spiked to 270.5 million shares, up from 195,000 the previous day. The syringes are now available on U-Deliver’s website and Amazon. Financial terms of the deal were not disclosed.
Sage stock hits one-year low as SGE.L slides again, with broker cut and buyback in play

Sage stock hits one-year low as SGE.L slides again, with broker cut and buyback in play

Sage Group shares fell 2% on Thursday, touching a one-year low of 967 pence before recovering slightly to 975.2 pence by 0942 GMT. The drop followed a Deutsche Bank price target cut and news of an ongoing share buyback. Sage reported 10% revenue growth for the quarter, reaffirming guidance. The AGM is set for Feb. 5, with a final dividend vote scheduled.
Ashtead share price slides nearly 5% as Sunbelt NYSE listing countdown begins

Ashtead share price slides nearly 5% as Sunbelt NYSE listing countdown begins

Ashtead shares fell 4.9% in early London trading after the company set a timetable for its planned U.S. primary listing. Sunbelt Rentals filed a Form 10 with the SEC, triggering a 30-day countdown, with trading in New York and London targeted for March 2. Ashtead continued its buyback, purchasing 73,921 shares on Jan. 28. The interim dividend will be paid Feb. 6 at 37.5 U.S. cents or 27.60 pence per share.
National Grid share price slips as gilt yields climb — what to watch next for NG.L

National Grid share price slips as gilt yields climb — what to watch next for NG.L

National Grid shares fell 0.65% to 1,222.5 pence in early London trading Thursday, retreating from a 52-week high set Wednesday. Rising UK gilt yields pressured utility stocks, as 10-year yields hit 4.569%, their highest since November. Investors await National Grid’s RIIO-T3 regulatory briefing on Thursday. Societe Generale may conduct price-support operations for a €500 million securities offering.
BP share price climbs in London as oil firms on Iran worries; buyback and Venezuela gas in focus

BP share price climbs in London as oil firms on Iran worries; buyback and Venezuela gas in focus

BP shares rose 1.4% to 462.40 pence in early London trading, lifted by stronger oil prices. Brent crude closed at $68.40 a barrel, up 1.23%. Investors are watching BP’s Feb. 10 earnings and its efforts with Shell to secure U.S. licenses for Venezuelan gas projects. BP bought nearly 2.9 million shares on Jan. 27 as part of its buyback program.
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Stock Market Today

Amazon’s $200B AI Spending Jolt Spurs Stock Selloff as Big Tech Capex Nears $650B

Amazon’s $200B AI Spending Jolt Spurs Stock Selloff as Big Tech Capex Nears $650B

7 February 2026
NEW YORK, Feb 7, 2026, 03:07 (EST) Amazon.com shares fell on Friday after the company laid out a roughly $200 billion plan to ramp up artificial intelligence (AI) infrastructure, unsettling investors who have started to question the price tag of the AI race. Amazon, Alphabet, Microsoft and Meta have now flagged more than $630 billion of capital expenditures, or capex — the money spent on property and equipment such as data centers, servers and chips — largely tied to AI build-outs. Morgan Stanley analysts said investors are “not forgiving” about big investments without a clear signal on return on invested
Nvidia stock jumps nearly 8% as Big Tech AI spending bets lift chipmakers and Dow tops 50,000

Nvidia stock jumps nearly 8% as Big Tech AI spending bets lift chipmakers and Dow tops 50,000

7 February 2026
Nvidia surged 7.8% Friday, leading a chip stock rally that pushed the Dow above 50,000 for the first time. The PHLX semiconductor index gained 5.7% as Advanced Micro Devices rose 8.3% and Broadcom 7.1%. Amazon fell 5.6% after projecting $200 billion in 2026 capital spending. Investors weighed a $600 billion AI infrastructure outlay against sharp losses in software shares.
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