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Stock Market News 29 January 2026

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.
29 January 2026
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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.
29 January 2026
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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.
29 January 2026
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NIO stock jumps as investors refocus on software, charging network and the next delivery update

NIO stock jumps as investors refocus on software, charging network and the next delivery update

NIO shares rose 3.6% to $4.76 in late morning New York trading Thursday after the company announced a new software update and reported nearly 99 million battery swaps completed. Traders are watching for January delivery figures and a confirmed date for the next earnings release. The stock rebounded from a 1.1% drop the previous day.
29 January 2026
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Lam Research stock slips after upbeat forecast; LRCX traders weigh the next leg of chip-tool demand

Lam Research stock slips after upbeat forecast; LRCX traders weigh the next leg of chip-tool demand

Lam Research shares fell about 0.9% Thursday, reversing gains after the company forecast March-quarter revenue of $5.7 billion and adjusted earnings of $1.35 per share, both above estimates. December-quarter revenue reached $5.34 billion. China accounted for 35% of sales last quarter. Investors remain focused on AI-driven memory demand and tool orders.
29 January 2026
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Stock Market Today

IREN stock heads into Monday after 5% rebound as Microsoft AI financing stays in focus

7 February 2026
New York, Feb 7, 2026, 07:08 EST — Market closed. IREN Limited shares closed up 5.1% at $41.83 on Friday, heading into the weekend after a sharp post-results swing. The bitcoin miner-turned AI infrastructure play on Thursday reported revenue of $184.7 million for the quarter ended Dec. 31 and a net loss of $155.4 million, with bitcoin mining revenue falling to $167.4 million while AI cloud services revenue rose to $17.3 million. IREN said it had secured $3.6 billion of graphics processing unit (GPU) financing for its Microsoft contract and that cash and cash equivalents were $2.8 billion as of
Cadence Bank stock is stuck at $42.11 after Huntington deal — what CADE holders watch next week

Cadence Bank stock is stuck at $42.11 after Huntington deal — what CADE holders watch next week

7 February 2026
Cadence Bank shares have been delisted following Huntington Bancshares’ takeover, with each Cadence share converted into 2.475 Huntington shares. Huntington closed Friday at $19.27 and named Senthil Kumar as chief risk officer ahead of new regulatory requirements. The merger leaves Cadence as a brand under Huntington, with customer account conversions planned for mid-2026. Huntington executives will address investors at a UBS conference on Tuesday.
NIO stock jumps on profit alert, with Monday’s open in focus

NIO stock jumps on profit alert, with Monday’s open in focus

7 February 2026
NIO shares jumped 7.23% to $5.04 Friday after the company forecast a swing to adjusted operating profit of up to 1.2 billion yuan for the fourth quarter. Trading volume reached 90.8 million shares, far above average. Nio’s deliveries rose 72% to 124,807 vehicles in the quarter. The company said results are preliminary and unaudited, with final figures due in March.
Snap stock price bounces to $5.22 after upgrades — what traders watch next week

Snap stock price bounces to $5.22 after upgrades — what traders watch next week

7 February 2026
Snap Inc. shares closed up 2% at $5.22 Friday after a volatile week, with 94 million shares traded. The company forecast Q1 revenue below analyst expectations, despite a fourth-quarter beat and a 28% rise in active advertisers. Daily active users fell by 3 million to 474 million. Analysts remain divided, with some upgrading and others trimming price targets.
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