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Stock Market 22 January 2026

Fortescue shares sink after costs rise in quarterly report, putting Iron Bridge ramp-up back in focus

Fortescue shares sink after costs rise in quarterly report, putting Iron Bridge ramp-up back in focus

Fortescue shares dropped 5.1% to A$21.48 after the miner reported higher unit costs in its December-quarter update. Quarterly shipments reached 50.5 million tonnes, but hematite C1 costs rose to US$19.10 per wet metric tonne. The company maintained its full-year shipment forecast and reported US$4.7 billion in cash at year-end. Investors await half-year results on Feb. 25 for further margin details.
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 22.01.2026

Reddit (RDDT) closed at $214.54, up 2.10% for the day but down over the month, with revenue up 23.67% and net income up 31.98% year-on-year. Shares trade at a 116.4x P/E, above sector norms, while fair value is pegged at $239.76. Nifty50 opened flat at 25,263; BSE Sensex hovered near 82,257 as FIIs sold Rs 2,549 crore and domestic investors bought Rs 4,223 crore.
22 January 2026
United Airlines (UAL) stock price rises after upbeat 2026 outlook, as investors size up what’s next

United Airlines (UAL) stock price rises after upbeat 2026 outlook, as investors size up what’s next

United Airlines shares rose 2.2% to $110.96 Wednesday after forecasting 2026 adjusted earnings of $12 to $14 per share and reporting fourth-quarter revenue up 4.8% to $15.4 billion. Premium and loyalty revenue climbed 9% and 10%, respectively. CEO Scott Kirby warned on Bloomberg TV that geopolitical tensions could disrupt growth. United plans to defend its gate position at Chicago O’Hare against American Airlines.
22 January 2026
Capital One stock price ticks up ahead of earnings as 10% rate-cap talk shadows card lenders

Capital One stock price ticks up ahead of earnings as 10% rate-cap talk shadows card lenders

Capital One shares rose 1% to $231.01 Wednesday ahead of its fourth-quarter earnings report due after Thursday’s close. Investors remain focused on possible U.S. credit card rate caps, with President Trump pushing Congress for a 10% limit. HSBC cut its price target to $226, while Morgan Stanley raised its target to $300. The Discover merger and credit quality remain in focus as traders await management’s comments.
Citigroup stock rebounds after 10% credit-card cap headlines — what could move C next

Citigroup stock rebounds after 10% credit-card cap headlines — what could move C next

Citigroup shares rose 0.94% to $113.86 Wednesday, then gained another 0.55% after hours as investors watched White House efforts to cap credit-card rates. President Trump called for a 10% cap, drawing pushback from bank CEOs and sending bank stocks lower Tuesday. The S&P 500 Banks Index rebounded 1.2% Wednesday as analysts doubted Congress would pass the cap. Most economists now expect the Fed to hold rates steady through Q1.
22 January 2026
BitMine Immersion (BMNR) stock ends higher after $14.5B crypto holdings update as market looks to next session

BitMine Immersion (BMNR) stock ends higher after $14.5B crypto holdings update as market looks to next session

BitMine Immersion shares closed up 3.9% at $29.35 after reporting $14.5 billion in crypto and cash assets, led by 4.2 million ether. Shareholders approved a charter amendment raising authorized shares from 500 million to 50 billion. The company said it recently acquired 35,268 ETH and has staked 1.8 million ether. BitMine’s $200 million investment in Beast Industries is set to close this week.
Chevron stock price ticks up as report flags $1 billion-plus Singapore asset sale talks

Chevron stock price ticks up as report flags $1 billion-plus Singapore asset sale talks

Chevron shares closed up 0.8% at $166.73 as the company neared a deal to sell its Singapore refining and fuel assets to Eneos and Glencore for over $1 billion, Reuters reported. Barclays raised its price target to $166, while JPMorgan set a $176 target with an Overweight rating. Crude prices rose on supply disruptions, with Brent at $65.24 a barrel. The IEA forecast a global oil surplus in Q1.
22 January 2026
Applied Digital stock slides, then swings hard as new Buy call pegs $42 target — what’s next for APLD

Applied Digital stock slides, then swings hard as new Buy call pegs $42 target — what’s next for APLD

Applied Digital shares fell 1.1% to $35.06 after volatile trading and heavy volume. Texas Capital began coverage with a Buy rating and a $42 target, citing the company’s data-center expansion and technology. Investors are awaiting updates on new leases and financing for its AI-focused facilities. The next earnings report is expected April 13, though the date is unconfirmed.
22 January 2026
Freeport-McMoRan stock nudges higher into earnings as copper steadies — what to watch Thursday

Freeport-McMoRan stock nudges higher into earnings as copper steadies — what to watch Thursday

Freeport-McMoRan shares closed up 0.9% at $60.58 Wednesday ahead of its quarterly earnings report due before Thursday’s open. Copper prices rose 0.4% to $12,796 a ton on the LME, but the Yangshan premium fell to its lowest in 18 months, signaling weak Chinese demand. Analysts expect Freeport to report EPS of $0.32 on $5.35 billion in revenue.

Stock Market Today

  • Why Holding ABM Industries Stock Is a Strategic Move in 2026
    March 17, 2026, 12:36 PM EDT. ABM Industries posted a strong 6.1% revenue growth in Q1 2026, driven by key segments like ATS and Aviation amid widespread demand. The company's strategic acquisition of WGNSTAR boosts its foothold in the semiconductor sector, focusing on high-margin services in cleanroom and production tool management. ABM also advances sustainability through a partnership deploying in-route pantograph chargers for fleet electrification. Shareholder returns remain robust, highlighted by $121.3 million in buybacks and a 9% dividend increase, marking 58 years of consecutive hikes. Despite challenges from rising costs and geopolitical tensions, ABM projects revenue growth of 5% in 2026 and 2.5% in 2027, with earnings gains of nearly 15% and 11% respectively. Strong liquidity and effective capital management underpin its financial resilience, reinforcing ABM as a solid portfolio holding.
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