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NYSE:BFH 12 January 2026

Capital One stock drops on Trump’s 10% credit-card rate cap talk as $425 million depositor settlement advances

Capital One stock drops on Trump’s 10% credit-card rate cap talk as $425 million depositor settlement advances

Capital One shares fell 6.4% to $233.20 in after-hours trading Monday after Donald Trump proposed capping credit-card interest rates at 10% for one year starting Jan. 20. A federal judge gave preliminary approval to Capital One’s revised $425 million settlement with depositors over savings-account rates. Investors await more details and the company’s Jan. 22 earnings call.
12 January 2026
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Capital One stock slides as Trump’s 10% credit-card rate cap spooks lenders

Capital One stock slides as Trump’s 10% credit-card rate cap spooks lenders

Capital One shares fell nearly 10% in premarket trading Monday after Donald Trump proposed capping credit-card interest rates at 10%. Synchrony and Bread Financial dropped over 10%, while Affirm and Block rose. Analysts questioned the plan’s viability, citing lack of executive authority. Bank earnings and updates on rate caps remain in focus this week.
12 January 2026
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Stock Market Today

  • Tech Stocks Rally and Broadcom Ends Losing Streak Ahead of Inflation Data
    June 8, 2026, 6:39 PM EDT. U.S. tech stocks gained ground on Monday as investors awaited key May inflation reports. Semiconductor giant Broadcom Corp. ended its recent losing streak, contributing to a modest market recovery. The upcoming inflation data is closely watched for potential impacts on Federal Reserve policy and market direction. Tech sector strength led the broader market's relief rally following recent declines.

Latest articles

T1 Energy Shares Dip After KORE Power Files New Update

T1 Energy Shares Dip After KORE Power Files New Update

9 June 2026
T1 Energy shares slid 3.2% to $9.13 after a new SEC filing revealed up to $24.7 million in stock-linked payments for its $32 million KORE Power acquisition, spotlighting dilution risks as the company expands into battery storage and data-center power; the deal’s structure and timing come as T1 seeks growth funding and investors weigh near-term costs against future EBITDA targets.
OpenAI IPO filing puts AI rally at center stage for Wall Street

OpenAI IPO filing puts AI rally at center stage for Wall Street

9 June 2026
OpenAI has confidentially filed for a possible IPO, but investors won’t see key financials—including revenue quality, cash burn, and compute costs—until the S-1 goes public; with $2 billion monthly revenue and a recent $852 billion valuation, the filing signals a pivotal shift as AI giants race for public capital amid rising infrastructure costs and growing competition from Anthropic.
Wall Street Volatility Index Jumps as Chip Stocks Swing

Wall Street Volatility Index Jumps as Chip Stocks Swing

9 June 2026
The VIX plunged 12% to 18.92 as chip stocks rebounded sharply, with the Philadelphia Semiconductor Index jumping 5.6% and Intel soaring 11.2% after a major Google order, clawing back part of Friday’s $1.3 trillion rout; investors remain cautious ahead of key inflation data, interest rate decisions, and Middle East risks.
UBS Puts $850 Target on Cummins as AI Data Center Wave Fuels Shares

UBS Puts $850 Target on Cummins as AI Data Center Wave Fuels Shares

9 June 2026
UBS upgraded Cummins to Buy and hiked its price target to $850 from $565, citing surging data-center backup power demand and a stronger North American truck cycle; Cummins shares jumped 3.3% to $672.68 as UBS projected 2028 EPS of $41.25, topping consensus, and flagged double-digit Power business growth and raised long-term targets as key drivers.
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