NASDAQ:AXLA 16 January 2026

Astera Labs stock price sinks 6% as Wall Street jitters; what to watch next week

Astera Labs shares fell 6.1% to $150.62 on Friday amid a broader tech selloff. Trading volume reached 4.28 million shares, with the price ranging from $149.11 to $161.65. Investors are now focused on the company’s fourth-quarter earnings report, scheduled for release after markets close on Feb. 10.

1 February 2026

NASDAQ:AXLA·Stock Market

Astera Labs stock jumps on RBC call as traders size up the next catalyst

Astera Labs shares rose 4.8% to $182.80 after RBC Capital Markets initiated coverage with an Outperform rating and a $225 target. RBC cited strong retimer demand and upcoming Scorpio switch launches as catalysts. The move comes ahead of Astera’s Feb. 10 earnings report and amid heightened scrutiny of AI chip stocks. Trading volume reached about 4.2 million shares Friday.

16 January 2026

NASDAQ:AXLA·Stock Market·Technology

Nevada Temporarily Bans Prediction Market Firm Kalshi Over Gaming License Dispute
March 20, 2026, 2:30 PM EDT. Kalshi, a prediction markets platform offering event-based contracts on sports, elections, and entertainment, was temporarily banned in Nevada by a 14-day restraining order from the First Judicial District Court. The ruling prohibits Kalshi from operating its derivatives exchange without a gaming license, marking the first state-level forced cessation for the company. The ban follows earlier Nevada cease-and-desist actions and precedes a likely extension through the legal case, said gaming attorney Daniel Wallach. The dispute comes amid mounting regulatory scrutiny nationally, including criminal charges from Arizona and ongoing battles in multiple states. Kalshi contends its sports contracts are financial swaps, not gambling, a view supported by the federal Commodity Futures Trading Commission, which claims jurisdiction over these markets. This case highlights tensions between state gambling laws and federally regulated prediction markets.