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Stock Market News 24 January 2026

Adobe stock price: ADBE closes up as Firefly Foundry AI pitch hits Hollywood ahead of Fed week

Adobe stock price: ADBE closes up as Firefly Foundry AI pitch hits Hollywood ahead of Fed week

Adobe shares rose 0.4% to $301.07 Friday after the company announced Firefly Foundry, a generative AI tool trained only on clients’ proprietary content for studios and talent agencies. The S&P 500 closed flat, while the Dow fell 0.58% and the Nasdaq gained 0.28%. Intel dropped sharply on weak guidance. Investors await major tech earnings and a Federal Reserve decision next week.
KLA stock price closes higher into weekend as KLAC heads for Fed decision and Jan. 29 earnings

KLA stock price closes higher into weekend as KLAC heads for Fed decision and Jan. 29 earnings

KLA shares rose 0.8% to $1,512.78 Friday, rebounding from session lows, while Applied Materials gained and Lam Research fell. Investors await the Federal Reserve’s Jan. 27-28 meeting and KLA’s earnings report on Jan. 29. The Dow dropped 0.58% and Intel slid 17% after a weak forecast. About 20% of S&P 500 companies report earnings next week.
Bank of America stock price slides into the weekend as bank shares sink; Fed decision and 10% card-rate cap watched

Bank of America stock price slides into the weekend as bank shares sink; Fed decision and 10% card-rate cap watched

Bank of America shares fell 1.4% to $51.72 Friday, part of a sharp selloff in U.S. bank stocks after First Citizens forecast lower net interest income for 2026. The KBE bank ETF dropped over 3%. Investors await next week’s Fed decision and details on a proposed 10% cap on credit-card rates. JPMorgan, Wells Fargo, and Citigroup also declined.
Virgin Media pension ruling fallout: UK FRC issues new actuary guidance as “section 37” fix nears

Virgin Media pension ruling fallout: UK FRC issues new actuary guidance as “section 37” fix nears

Britain’s Financial Reporting Council has issued new guidance for pension scheme actuaries after the Virgin Media case exposed risks from missing written actuarial sign-offs on historic rule changes. The government plans legislation to let schemes validate old amendments, but the FRC warns some schemes could face higher liabilities. The guidance may be updated as the Pensions Schemes Bill advances. Not all schemes or disputes will be covered by the proposed fix.
24 January 2026
BNAI stock surges nearly 90% as Brand Engagement Network lands $2.05 million Valio Africa AI licensing deal

BNAI stock surges nearly 90% as Brand Engagement Network lands $2.05 million Valio Africa AI licensing deal

Brand Engagement Network shares soared nearly 90% Friday after announcing a $2.05 million licensing and investment deal with Valio Technologies tied to Africa. The agreement gives Brand Engagement Network a 25% stake and 35% revenue share in a new South African entity. A separate memorandum covers a student wellbeing AI pilot at Nelson Mandela University.
Western Digital stock price slides after hours as WDC heads into Jan. 29 earnings

Western Digital stock price slides after hours as WDC heads into Jan. 29 earnings

Western Digital shares fell 2.8% to $236.39 in after-hours trading Friday, ahead of its fiscal second-quarter earnings report due Jan. 29. Wall Street analysts raised price targets this week, with Morgan Stanley and Wedbush both moving to $260. Investors are watching data-center drive pricing and company guidance closely. Rival Seagate reports earnings Jan. 27.
AST SpaceMobile stock price slips after hours as BlueBird 7 launch timeline comes into focus

AST SpaceMobile stock price slips after hours as BlueBird 7 launch timeline comes into focus

AST SpaceMobile shares fell 2.4% to $113.57 Friday and slipped another 0.3% after hours as investors tracked the company’s satellite launch schedule. AST plans to launch its BlueBird 7 satellite on Blue Origin’s New Glenn-3 in late February from Cape Canaveral. The company targets one launch every one to two months through 2026. Traders remain focused on whether AST can keep up the planned pace.

Stock Market Today

Apple stock price ends week higher as Dow hits 50,000; jobs and CPI loom next

Apple stock price ends week higher as Dow hits 50,000; jobs and CPI loom next

7 February 2026
New York, Feb 7, 2026, 08:51 EST — Market closed. Apple shares ended Friday higher, closing up 0.8% at $278.12. The stock eased 0.3% after hours to $277.25 ahead of Monday’s reopening. (Investing.com) The move capped a choppy week for megacap tech as traders tried to work out whether the latest bout of nerves over artificial intelligence spending is a speed bump or something stickier. That matters for Apple because it sits in both camps — a heavyweight in the Dow and a bellwether growth stock — just as the next set of U.S. data may reset bets on interest-rate
Broadcom Stock Gets a Google AI Spend Lift as Jefferies Sees 60% Upside

Broadcom Stock Gets a Google AI Spend Lift as Jefferies Sees 60% Upside

7 February 2026
Google raised its 2026 capital expenditure forecast to $175 billion–$185 billion, with most spending expected on data-center chips. Broadcom shares rose about 2% after the announcement, while Nvidia and AMD slipped. Jefferies reiterated a buy rating on Broadcom, maintaining a $500 price target, implying a 62% upside from Wednesday’s close.
No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

7 February 2026
The IRS has not announced new federal stimulus payments for February 2026, and Congress has not approved fresh checks. Trump told NBC he is considering $2,000 tariff rebate checks but has not committed, saying any payout would likely come later in 2026. The IRS warns taxpayers to ignore texts and emails about “stimulus payments” and verify notices through official channels.
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