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Stock Market News 29 January 2026

Robinhood stock slides as bitcoin drops and SpaceX IPO talk runs into a tech selloff

Robinhood stock slides as bitcoin drops and SpaceX IPO talk runs into a tech selloff

Robinhood shares fell 3.4% to $99.88 by midday Thursday, tracking declines in crypto prices and U.S. tech stocks. Bloomberg reports Robinhood is vying for a retail allocation in a possible SpaceX IPO via its IPO Access program. A U.S. filing showed CTO Jeffrey Tsvi Pinner sold 5,864 shares through a pre-set plan. The stock had closed at $103.40 the previous day.
Boeing stock price slides despite Air India 737 MAX order as cash-flow test returns

Boeing stock price slides despite Air India 737 MAX order as cash-flow test returns

Boeing shares fell 2.2% to $236.34 by midday Thursday, erasing earlier gains despite Air India’s order for 30 more 737 MAX jets. Boeing’s fourth-quarter profit reached $8.22 billion, driven by a $9.6 billion asset sale, but commercial airplanes posted a $632 million operating loss. The company’s full-year free cash flow was negative $1.9 billion. Air India’s new 787-9 will begin Mumbai-Frankfurt flights Feb. 1.
29 January 2026
Costco stock price slips as Wall Street wobbles; what to watch before COST’s sales update

Costco stock price slips as Wall Street wobbles; what to watch before COST’s sales update

Costco shares fell 0.5% to $955.91 Thursday, lagging the market as U.S. stocks slid on concerns over tech sector AI investments. The company will report January sales on Feb. 4, with a $1.30 per share dividend for holders as of Jan. 30. Wall Street’s main indexes hit their lowest levels in over a week. Initial jobless claims dropped to 209,000 last week.
Visa stock price ticks higher ahead of earnings as Mastercard results set the tone

Visa stock price ticks higher ahead of earnings as Mastercard results set the tone

Visa shares rose 0.9% to $329.82 by late morning Thursday, ahead of its fiscal Q1 earnings release after the bell. Mastercard reported better-than-expected profit and announced plans to cut 4% of its workforce, sending its shares up over 1.7%. Rothschild Redburn upgraded Visa to “buy” and raised its price target to $385. Visa also filed amendments restricting some officer liabilities under Delaware law.
ServiceNow stock price tumbles nearly 12% after earnings as NOW investors zero in on deals, AI agents

ServiceNow stock price tumbles nearly 12% after earnings as NOW investors zero in on deals, AI agents

ServiceNow shares fell nearly 12% Thursday after the company’s 2026 subscription revenue forecast topped estimates but failed to ease concerns over costly acquisitions. The stock closed at $114.40, down 11.7%. Analysts cut price targets as software valuations remain under pressure. ServiceNow reported Q4 subscription revenue of $3.47 billion and 244 deals over $1 million in new annual contract value.
AppLovin stock price rises as it fights back against a short-seller report

AppLovin stock price rises as it fights back against a short-seller report

AppLovin shares rose 1.7% to $551.58 Thursday after the company sent a cease-and-desist letter to short seller CapitalWatch, demanding a retraction of a critical report. The stock has been volatile this month, dropping nearly 6% on Jan. 21 before rebounding in recent sessions. The SEC is investigating AppLovin’s data-collection practices. Fourth-quarter earnings are due Feb. 11.
29 January 2026
Tesla stock slides as Musk’s $20 billion spending push puts cash in the spotlight

Tesla stock slides as Musk’s $20 billion spending push puts cash in the spotlight

Tesla shares fell 2.2% to $421.80 Thursday after the company reported Q4 revenue of $24.9 billion, down 3% from a year ago, and net income of $840 million. Tesla said it will more than double capital spending to over $20 billion in 2026, focusing on robotaxis, robotics, and battery output. Production of the Model S and X will end. The company lost its global EV sales lead to BYD.
Ford stock price today: F shares edge up as lawmaker probes CATL battery plans ahead of earnings

Ford stock price today: F shares edge up as lawmaker probes CATL battery plans ahead of earnings

Ford shares rose 0.5% to $13.90 in late morning New York trading amid scrutiny over its battery partnership with China’s CATL and tax credit eligibility. Representative John Moolenaar questioned CEO Jim Farley about the deal as Ford readies a $3 billion Michigan battery plant. Ford is also recalling nearly 117,000 U.S. vehicles over engine block heater fire risks. General Motors gained 1.1%, while Tesla fell 2.1%.
Applied Materials stock swings in Thursday trade as Mizuho upgrade meets tech selloff

Applied Materials stock swings in Thursday trade as Mizuho upgrade meets tech selloff

Applied Materials shares fell 0.9% to $333.80 Thursday despite a Mizuho upgrade and higher price target, as chip-equipment stocks traded mixed and the Nasdaq dropped 1%. About 7.7 million shares changed hands. The company released proxy materials for its March 12 shareholder meeting. Broader market weakness and policy risks, including U.S. export controls to China, continued to weigh on the sector.
29 January 2026
Why Snap stock price is sliding today: Specs smart‑glasses push meets a tech selloff, earnings loom

Why Snap stock price is sliding today: Specs smart‑glasses push meets a tech selloff, earnings loom

Snap shares fell 6.4% to $7.18 in late-morning trading Thursday, erasing gains from the previous day after the company announced a spinoff of its Specs smart-glasses unit and signaled a search for minority investors. The drop came as tech stocks slid, with the Nasdaq down 1% and Microsoft plunging over 11%. Snap will report quarterly results on Feb. 4, with investors watching for updates on ad demand and hardware strategy.
JPMorgan stock price rises above $304 as Fed pause and Washington headlines steer bank shares

JPMorgan stock price rises above $304 as Fed pause and Washington headlines steer bank shares

JPMorgan Chase shares rose 1.1% to $304.01 by late morning Thursday, with about 3.35 million shares traded. The move followed the Federal Reserve’s decision to keep rates steady and new details on a government-backed children’s savings program, which JPMorgan will match for eligible employees. Bank of America and Wells Fargo also gained, while Citigroup was little changed. Airline executives warned a proposed 10% credit-card rate cap could hurt loyalty program profits.
Eli Lilly stock price today: LLY rises on $1.93 billion Repertoire deal as earnings near

Eli Lilly stock price today: LLY rises on $1.93 billion Repertoire deal as earnings near

Eli Lilly shares rose 0.5% Thursday after Repertoire Immune Medicines announced a partnership with the company worth up to $1.93 billion. The deal follows Lilly’s $1.12 billion gene-editing agreement targeting hearing loss. Investors are also watching for Medicare’s plan to include Trulicity in upcoming price negotiations. Lilly’s earnings report is expected Feb. 4.
IREN stock price drops after Wednesday’s jump — what traders are watching into Feb. 5

IREN stock price drops after Wednesday’s jump — what traders are watching into Feb. 5

IREN shares fell 6.3% to $58.98 by late morning Thursday, reversing part of Wednesday’s 14% surge as bitcoin dropped 5.7%. Riot Platforms and Marathon Digital also declined. The selloff followed a winter storm that disrupted mining operations and cut IREN’s daily bitcoin output. Investors await IREN’s quarterly results on Feb. 5 for updates on AI and power constraints.
Opendoor stock slips as investors parse new SEC filing and mortgage-rate backdrop ahead of earnings

Opendoor stock slips as investors parse new SEC filing and mortgage-rate backdrop ahead of earnings

Opendoor shares fell 2.2% to $5.64 Thursday after a volatile morning, following a new SEC filing on disclosure practices. The company will now use CEO Kaz Nejatian’s new X handle, @Nejatian, for material updates. Investors are watching mortgage rates and await Opendoor’s earnings report on Feb. 26 for signs of demand and margin trends.

Stock Market Today

AMD stock rebounds 8% after post-earnings slump as payrolls, CPI loom

AMD stock rebounds 8% after post-earnings slump as payrolls, CPI loom

7 February 2026
AMD shares jumped 8.2% to $208.44 Friday, rebounding after a 13% plunge earlier in the week on weak guidance and AI competition fears. The Philadelphia semiconductor index rose 5.7% as chip stocks led a broader market rally. Investors are awaiting next week’s U.S. payrolls and inflation data, which could shift rate expectations for tech.
Netflix stock price ends higher as DOJ widens review of Warner deal — what to watch next week

Netflix stock price ends higher as DOJ widens review of Warner deal — what to watch next week

7 February 2026
Netflix shares rose 1.6% to $82.20 Friday as the Justice Department expanded its antitrust review of the company’s planned $82.7 billion Warner Bros Discovery acquisition. A Wall Street Journal report said investigators are probing possible anti-competitive tactics. Director Reed Hastings reported a transfer of 241,944 shares via a family trust, according to an SEC filing.
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