Browse Category

Stock Market News 28 January 2026

Microsoft beats Azure in Q2, but MSFT stock drops after earnings as AI spending stays in focus

Microsoft beats Azure in Q2, but MSFT stock drops after earnings as AI spending stays in focus

Microsoft reported Azure cloud revenue up 39% in its fiscal second quarter, narrowly beating estimates, but shares fell over 7% in after-hours trading. Total revenue reached $81.3 billion, with Microsoft Cloud topping $50 billion for the quarter. Gross margin slipped due to heavy AI infrastructure spending. Net income received a $7.6 billion boost from the company’s OpenAI stake.
Intuit stock price dips as AI fears circle TurboTax, but RBC sticks with $850 target

Intuit stock price dips as AI fears circle TurboTax, but RBC sticks with $850 target

Intuit shares fell 1.2% to $539.13 in after-hours trading Wednesday as investors weighed risks from generative AI competition. RBC Capital Markets maintained its Outperform rating and $850 target, citing limited exposure to “simple filers.” Intuit announced a hiring integration deal with Checkr and board-approved changes to director compensation. Shareholders rejected a diversity ROI report proposal at the annual meeting.
Lumentum stock keeps running — traders circle Feb. 3 earnings and a March OFC briefing

Lumentum stock keeps running — traders circle Feb. 3 earnings and a March OFC briefing

Lumentum Holdings shares rose 3.9% to $385 Wednesday, extending a two-day rally to nearly 16% with trading volume at 4.0 million shares. The company will hold an investor briefing at the OFC conference in Los Angeles on March 17. A new 2x leveraged ETF tied to Lumentum began trading this week ahead of its Feb. 3 earnings release.
NextEra Energy stock price today: NEE steadies near a 52-week high as investors parse earnings, data-center demand

NextEra Energy stock price today: NEE steadies near a 52-week high as investors parse earnings, data-center demand

NextEra Energy shares rose 0.3% to $87.44 Wednesday afternoon after reporting 2025 adjusted earnings of $3.71 per share, up 8% from 2024. Executives said they are in advanced talks to supply 9 GW of data-center power in Florida and plan to add 6 GW of new nuclear capacity. Trading volume topped 5.7 million shares. Mizuho raised its price target to $90.
CrowdStrike stock slips late in session despite Gartner “Customers’ Choice” nod — what CRWD investors watch next

CrowdStrike stock slips late in session despite Gartner “Customers’ Choice” nod — what CRWD investors watch next

CrowdStrike shares fell 1% to $472.04 Wednesday, despite winning Gartner’s “Customers’ Choice” badge for endpoint protection. The drop followed the Fed’s decision to hold rates steady and came as analysts cited valuation concerns. Legal issues linger after last July’s outage, with some lawsuits still active. CrowdStrike’s next earnings report is expected around March 3.
Redwire stock slips 6% after $151B SHIELD contract buzz; RDW swings into the close

Redwire stock slips 6% after $151B SHIELD contract buzz; RDW swings into the close

Redwire Corp shares fell 6% to $13.35 on Wednesday, reversing a 30% surge after landing a spot on the U.S. Missile Defense Agency’s SHIELD contract vehicle. The company said SHIELD has a $151 billion ceiling but no guaranteed revenue, with future gains dependent on specific task orders. Trading volume topped 48 million shares by mid-afternoon. Investors are waiting for details on funded work and contract timelines.
Citigroup stock slips late Wednesday as Fed holds rates and Citi reshuffles bankers

Citigroup stock slips late Wednesday as Fed holds rates and Citi reshuffles bankers

Citigroup shares fell 0.9% to $113.73 in late New York trading after the Federal Reserve left rates unchanged and investors weighed new leadership changes and a lawsuit targeting Citi’s wealth division. JPMorgan was flat, Bank of America lost 1.2%, and Goldman Sachs edged higher. The Fed’s decision kept attention on the timing of possible rate cuts in 2026 and their impact on bank margins.
Kenvue stock price dips as Kimberly-Clark takeover vote nears and dividend is set

Kenvue stock price dips as Kimberly-Clark takeover vote nears and dividend is set

Kenvue shares fell 1.1% to $17.30 Wednesday, ahead of a Jan. 29 shareholder vote on its takeover by Kimberly-Clark. The offer values Kenvue at about $18 per share, creating a 4% spread watched by merger-arbitrage investors. Kenvue also declared a $0.2075 quarterly dividend, payable Feb. 25. Over 90% of early votes reportedly favor the deal.
American Airlines stock slips again after Storm Fern chaos — what AAL traders watch next

American Airlines stock slips again after Storm Fern chaos — what AAL traders watch next

American Airlines shares fell 0.9% to $13.43 Wednesday after Winter Storm Fern forced over 9,000 cancellations and is expected to cut first-quarter revenue by up to $200 million. The company maintained its 2026 profit outlook but projected a first-quarter loss of 10 to 50 cents per share. Crews faced long waits and overnight stays in terminals as operations struggled to recover.
Microchip (MCHP) stock jumps after BofA upgrade as chip rally widens

Microchip (MCHP) stock jumps after BofA upgrade as chip rally widens

Microchip Technology shares rose 7.6% to $80.87 by 3:15 p.m. EST Wednesday after Bank of America upgraded the stock to “buy” and raised its price target to $95. The move followed gains across chipmakers tied to AI data-center demand. Microchip will report quarterly results on Feb. 5. CEO Steve Sanghi sold 18,509 shares last week under a pre-set trading plan.

Stock Market Today

ST Engineering stock price drops 2% to S$9.71 as drone-autonomy tie-up grabs attention

ST Engineering stock price drops 2% to S$9.71 as drone-autonomy tie-up grabs attention

7 February 2026
ST Engineering shares fell 1.9% to S$9.71 Friday, outpacing the Singapore market’s 0.8% drop amid a tech-led selloff. The company signed a deal with Shield AI at the Singapore Airshow to integrate autonomy software into its unmanned platforms and unveiled a small drone capable of carrying explosives. About 6.9 million shares traded as investors await full-year results on Feb. 27.
Go toTop