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Stock Market News 28 January 2026

GE Aerospace stock dips after Boeing flags 777X engine durability issue as investors eye Fed

GE Aerospace stock dips after Boeing flags 777X engine durability issue as investors eye Fed

Shares of GE Aerospace fell 1.7% to $292.35 in New York after Boeing flagged a potential durability issue with GE engines on its 777X jet. Boeing said the problem will not delay first deliveries, set for 2027. GE also announced a milestone in hybrid-electric engine ground tests for NASA. The Federal Reserve’s policy decision is expected later Wednesday.
28 January 2026
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AppLovin stock price rises in midday trade as Needham turns bullish on Axon e-commerce push

AppLovin stock price rises in midday trade as Needham turns bullish on Axon e-commerce push

AppLovin shares rose 1.2% to $550.25 midday Wednesday after Needham upgraded the stock to “buy” and set a $700 target, citing gains in e-commerce ad revenue and new retail clients. Investors await the company’s Feb. 11 earnings report for more detail on Axon’s performance and advertiser growth. The SEC continues to investigate AppLovin’s data practices.
28 January 2026
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AMAT stock pops on Mizuho upgrade as Applied Materials gets a $370 target

AMAT stock pops on Mizuho upgrade as Applied Materials gets a $370 target

Applied Materials shares rose 1.1% to $336.21 by midday after Mizuho upgraded the stock and raised its price target to $370, citing higher chip-factory tool spending. Mizuho expects wafer fab equipment growth of 13% in 2026, but predicts Applied’s China revenue will fall about 4%. Investors await the company’s Feb. 12 earnings for updates on orders and outlook.
28 January 2026
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Eli Lilly stock drops today: LLY slides after $1.12 billion gene-editing deal and Medicare pricing signal

Eli Lilly stock drops today: LLY slides after $1.12 billion gene-editing deal and Medicare pricing signal

Eli Lilly shares fell 2.4% to $1,015.05 Wednesday after the company announced a gene-editing deal with Seamless Therapeutics worth up to $1.12 billion. The U.S. government included Lilly’s Trulicity in the next round of Medicare drug-price negotiations, raising pricing concerns. Obesity drug rivals increased ad spending, intensifying competition.
28 January 2026
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Lam Research stock price wobbles ahead of earnings as Wall Street braces for a big move

Lam Research stock price wobbles ahead of earnings as Wall Street braces for a big move

Lam Research shares fell 0.1% to $238.15 by midday, nearing session lows ahead of its quarterly earnings due after the close. Options traders expect a swing of about 7.9% in either direction following results. Analysts forecast earnings of $1.17 per share on $5.24 billion revenue. Mizuho raised its price target to $265, citing accelerating wafer fab equipment spending.
28 January 2026
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Corning stock slides as traders digest Q1 outlook and Meta’s $6 billion fiber deal

Corning stock slides as traders digest Q1 outlook and Meta’s $6 billion fiber deal

Corning shares fell 3.2% to $106.18 by late morning Wednesday after volatile trading. The company reported fourth-quarter core sales up 14% to $4.41 billion and expects first-quarter core sales of $4.2–$4.3 billion, above estimates. Corning and Meta announced a U.S. data-center supply deal worth up to $6 billion, driving expansion in North Carolina.
28 January 2026
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Amphenol stock price slides 11% after record results; investors wait on CCS details

Amphenol stock price slides 11% after record results; investors wait on CCS details

Amphenol shares fell 11% to $147.69 Wednesday despite reporting record Q4 sales of $6.4 billion and raising its Q1 outlook. The stock dropped $18.56 from its prior close, with 16.4 million shares traded. Investors focused on margins and IT datacom demand as the company integrates its CommScope CCS acquisition. Executives will address questions at a 1 p.m. ET call.
28 January 2026
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GE Vernova stock wobbles after earnings as GEV lifts 2026 forecast but flags Vineyard Wind hit

GE Vernova stock wobbles after earnings as GEV lifts 2026 forecast but flags Vineyard Wind hit

GE Vernova raised its 2026 revenue forecast to $44–$45 billion and reported a $150 billion backlog, sending shares up 0.4% to $695.58 Wednesday. The company warned its wind division could lose $250 million in revenue this year due to Vineyard Wind delays. Fourth-quarter orders jumped 65% to $22.2 billion. GE Vernova’s acquisition of Prolec GE is set to close February 2.
28 January 2026
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Netflix stock price slips as Senate sets Feb. 3 hearing on Warner deal, NFLX traders eye next catalysts

Netflix stock price slips as Senate sets Feb. 3 hearing on Warner deal, NFLX traders eye next catalysts

Netflix shares fell 0.8% to $84.92 as the Senate Judiciary antitrust subcommittee set a Feb. 3 hearing on Netflix’s $83 billion bid for Warner Bros Discovery assets. Senator Mike Lee warned the deal could sideline a competitor and pressed both firms on data safeguards. Warner Bros Discovery shares slipped 0.3%. The S&P 500 rose 0.3%, passing 7,000.
28 January 2026
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Stock Market Today

CapitaLand Investment share price jumps as CapitaLand REIT payouts roll in — what’s next for 9CI

CapitaLand Investment share price jumps as CapitaLand REIT payouts roll in — what’s next for 9CI

7 February 2026
CapitaLand Investment shares rose 1.3% to S$3.12 on Friday, bucking a 0.8% drop in Singapore’s benchmark index. CapitaLand Integrated Commercial Trust reported a 16.4% jump in second-half distributable income, while CapitaLand Ascendas REIT posted a 1.4% full-year rise. CapitaLand China Trust saw full-year DPU fall to 4.82 cents amid weaker yuan and occupancy. CLI reports FY2025 results on Feb. 11.
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