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NASDAQ:ASX 18 January 2026 - 19 January 2026

ASE Technology Holding (ASX) stock price near $19.41 before MLK Day break: what traders watch next

ASE Technology Holding (ASX) stock price near $19.41 before MLK Day break: what traders watch next

ASE Technology’s U.S. shares closed Friday up 1.1% at $19.41, trading 6.5 million shares as chip stocks outperformed ahead of the long weekend. The Philadelphia Semiconductor Index rose for a second day, ending at 7,927.41. U.S. markets will remain closed Monday for Martin Luther King Jr. Day, reopening Tuesday. Investors await inflation data and Intel’s earnings later in the week.
19 January 2026
ASE Technology stock price hits record close as chip rally sets up a holiday-shortened week

ASE Technology stock price hits record close as chip rally sets up a holiday-shortened week

ASE Technology’s U.S. shares closed Friday at $19.41, up 1.2% to a record high, as chip stocks led Wall Street gains. The Philadelphia Semiconductor Index rose about 1.2%, while broader indexes stayed flat. ASE’s Taiwan shares also gained 1.68%. Investors now await next week’s earnings reports and ASE’s Feb. 5 results.

Stock Market Today

  • T. Rowe Price Group Shows 36% Undervaluation Amid Recent Price Gains
    May 12, 2026, 11:48 AM EDT. T. Rowe Price Group (TROW) shares rose 14.5% over the past month but remain 31.3% below five-year levels, mixing recent strength with longer-term caution. The asset manager faces ongoing challenges from fee pressures and passive investing trends. Simply Wall St's excess returns model values TROW shares at $163.81, 36% above the current $104.75 price, indicating undervaluation. The analysis factors in a 17.23% return on equity versus a $4.00 cost of equity, suggesting the company creates solid investor value. While TROW's 13.7% annual gain trails peers, valuation metrics imply room for growth. Investors should consider both recent performance and broader industry shifts when reassessing T. Rowe Price's long-term potential.

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POET Stock Rebounds as New COO Gives AI-Photonics Rally a Fresh Test

POET Stock Rebounds as New COO Gives AI-Photonics Rally a Fresh Test

12 May 2026
POET Technologies named Sandeep Kumar as chief operating officer, triggering a 2.95% stock rise to $14.31 on heavy volume after shares hit $15.15 intraday. Kumar, formerly of Silicon Labs, will oversee Malaysia manufacturing as the company targets high-volume production. The move comes after Marvell canceled Celestial AI orders, which had weighed on the stock. Broader tech indices fell Tuesday, but POET shares outperformed.
IREN Stock Slips as Nvidia Deal Runs Into the Price of Building AI Capacity

IREN Stock Slips as Nvidia Deal Runs Into the Price of Building AI Capacity

12 May 2026
IREN shares fell about 2.4% to $53.80 Tuesday after the company priced an upsized $2.6 billion convertible-note sale, raising concerns over funding costs and dilution. The notes carry a 1% coupon and can convert at $73.07 per share. IREN reported a $247.8 million net loss last quarter. Peers Cipher Digital, Riot Platforms, and Marathon Digital also traded lower.
SMH vs SOXX vs SOXL: AI Chip ETF Rally Hits Its Hardest Test Yet

SMH vs SOXX vs SOXL: AI Chip ETF Rally Hits Its Hardest Test Yet

12 May 2026
The Direxion Daily Semiconductor Bull 3X Shares ETF fell 12.4% Tuesday morning in New York, while VanEck, iShares, and First Trust semiconductor ETFs dropped 3.5% to 4.5%. The declines followed a higher-than-expected U.S. inflation report and came after the S&P 500 and Nasdaq closed at record highs on Monday.

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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

13 January 2026
Joby Aviation shares fell 6.7% to $14.37 by 10:49 a.m. EST, erasing earlier gains after U.S. inflation data kept annual rates steady. Archer Aviation and Eve Holding also declined, while the S&P 500 and Nasdaq-100 edged lower. Joby recently agreed to buy a property in Ohio for $61.5 million and received its first flight simulator for FAA pilot training. Investors remain focused on certification and facility deadlines.
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