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Stock Market News 16 January 2026

Denison Mines stock jumps with uranium names as Phoenix approvals come into focus

Denison Mines stock jumps with uranium names as Phoenix approvals come into focus

New York, Jan 16, 2026, 10:04 ET — Regular session Denison Mines Corp shares climbed roughly 4.1% to $3.70 on Friday morning, having peaked at $3.80 earlier in the session. On the NYSE American, the stock swung between $3.58 and $3.80, with around 7.3 million shares traded. Uranium stocks climbed, with Cameco rising around 3.8%. Uranium Energy jumped about 4.6%, while NexGen Energy picked up close to 2%. Why this matters now: the group acts as a stand-in for uranium price bets, and investors are focusing on developers hitting permitting milestones soon. According to Sprott Physical Uranium Trust, there were
Intel stock slips from $50 high as Citi turns neutral and earnings near

Intel stock slips from $50 high as Citi turns neutral and earnings near

New York, Jan 16, 2026, 10:38 EST — Regular session Intel (INTC.O) shares slipped roughly 0.6% to $48.05 on Friday morning, pulling back from an earlier high of $50.15. The stock has jumped roughly 31% so far in 2026, with a slew of new analyst upgrades arriving just before Intel’s quarterly results. On Thursday, Citi raised Intel from sell to neutral and boosted its price target from $29 to $50, citing potential gains from a shortage of “advanced packaging” at Taiwan Semiconductor and a “unique window of opportunity” for Intel to attract foundry clients, according to Citi analyst Atif Malik.
Eli Lilly stock price edges higher as FDA timeline for obesity pill comes into focus

Eli Lilly stock price edges higher as FDA timeline for obesity pill comes into focus

New York, Jan 16, 2026, 11:00 EST — Regular session Eli Lilly shares rose 0.3% to $1,036.46 on Friday morning, after touching as low as $1,019, as investors weighed an updated U.S. regulatory timeline for the company’s experimental obesity pill. (Reuters) The stock has become a proxy for how fast the next wave of weight-loss drugs can move from injections to pills — and whether demand holds up as insurers push back and more patients pay cash. That question is getting louder this week as early U.S. prescription data for Novo Nordisk’s newly launched Wegovy pill begins to circulate among
AST SpaceMobile stock jumps on SHIELD contract slot, puts “Golden Dome” bids in focus

AST SpaceMobile stock jumps on SHIELD contract slot, puts “Golden Dome” bids in focus

New York, January 16, 2026, 10:33 EST — Regular session AST SpaceMobile shares surged $16.20, or roughly 16%, to $117.45 Friday morning after the company announced it secured a prime contract role in the Missile Defense Agency’s SHIELD program. “Being selected as a prime contract awardee for the MDA’s SHIELD program is a major validation of our unique, on-orbit, dual-use technology,” said Chief Commercial Officer Chris Ivory. (Business Wire) The move counts because SHIELD opens a clear path into U.S. defense contracts, and investors have swiftly adjusted valuations when a fresh revenue stream comes into view. For AST, still expanding
American Airlines stock slides as United rivalry at O’Hare sharpens — what to watch next

American Airlines stock slides as United rivalry at O’Hare sharpens — what to watch next

New York, January 16, 2026, 10:20 EST — Regular session Shares of American Airlines Group Inc dropped roughly 1% on Friday as investors weighed a tougher battle with United Airlines at Chicago’s O’Hare. The hub’s capacity, gate availability, and corporate contracts remain key factors that could shift pricing power. Timing is crucial. Airlines are pushing premium seating and loyalty programs to keep profits steady, but contested hubs can quickly turn that approach into a race to the bottom on prices. American is treating Chicago as a proving ground. The airline is working to rebuild its presence there just as the
Rocket Lab stock jumps after Morgan Stanley upgrade as RKLB tests fresh highs

Rocket Lab stock jumps after Morgan Stanley upgrade as RKLB tests fresh highs

New York, Jan 16, 2026, 10:39 EST — Regular session Shares of Rocket Lab Corp (RKLB) jumped roughly 6% on Friday following an upgrade from Morgan Stanley, signaling renewed investor faith in the space launch and satellite firm. The stock climbed 6.4% to $96.61 in morning trading. (MarketBeat) The upgrade is crucial now as investors remain divided over whether Rocket Lab’s rally can sustain itself without fresh catalysts. The coming weeks could shake the stock, hinging on updates about the Neutron rocket timeline and the speed of government contract awards. On Thursday, KeyBanc Capital Markets cut Rocket Lab’s rating to
Why ImmunityBio stock is surging today: ANKTIVA sales jump and a key bladder-cancer trial nears the finish line

Why ImmunityBio stock is surging today: ANKTIVA sales jump and a key bladder-cancer trial nears the finish line

New York, Jan 16, 2026, 10:16 EST — Regular session ImmunityBio shares surged roughly 16.5% to $4.60 Friday morning, building on a strong rally after the biotech reported better-than-expected sales momentum for its main cancer drug. The company also detailed plans for a label-expansion effort. Trading volume exceeded 56 million shares, with the stock reaching an intraday peak of $5.20. This move is crucial as ImmunityBio aims to show its commercial potential goes beyond just clinical promise. Investors want clear evidence that ANKTIVA’s launch is picking up steam and that regulators might expand approvals beyond its current U.S. bladder cancer
Alphabet GOOG stock drops as AI copyright fight flares — what Wall Street watches next

Alphabet GOOG stock drops as AI copyright fight flares — what Wall Street watches next

NEW YORK, Jan 16, 2026, 10:37 (EST) — Regular session Alphabet’s Class C shares fell Friday, retreating from recent peaks as investors weighed a fresh legal challenge linked to Google’s AI training alongside growing skepticism toward expensive megacaps. The non-voting shares dropped $3.16, roughly 0.9%, to $330.00 in early trading. The decline arrives as certain investors shift focus away from the AI surge, searching for new leaders to emerge. Angelo Kourkafas, senior global investment strategist at Edward Jones, noted, “There is a lot of hope that this is going to be the year where we are going to see some
Oracle stock price slips again as bondholder lawsuit keeps AI debt fears in play

Oracle stock price slips again as bondholder lawsuit keeps AI debt fears in play

New York, Jan 16, 2026, 10:42 EST — Regular session Oracle shares slipped roughly 1% to $188 Friday morning, as investors grappled with fallout from bondholders suing the company over alleged disclosure lapses connected to its sizable debt issuance for AI expansion. (Reuters) The case arrives amid a market already bracing for a surge in borrowing from the biggest AI infrastructure spenders. Barclays is forecasting a rise in U.S. corporate bond issuance in 2026. Meanwhile, a BofA Securities report highlighted Amazon, Alphabet’s Google, Meta, Microsoft, and Oracle as the “Big Five” group that saw a sharp increase in bond sales
GE Vernova stock jumps as PJM emergency auction plan puts data-center power in focus

GE Vernova stock jumps as PJM emergency auction plan puts data-center power in focus

New York, Jan 16, 2026, 10:42 AM EST — Regular session Shares of GE Vernova (GEV) jumped 5.6% to $678.21 by 10:42 a.m. EST Friday, following news of a proposed emergency power auction on the PJM grid that boosted demand for turbine and grid suppliers. Governors from PJM states are set to join the White House in signing a deal aimed at tackling rising electricity prices, Reuters reports. The proposal would impose two-year price caps on upcoming PJM auctions and require new data-center operators like Amazon and Google to pay a bigger share of the grid expansion costs. PJM, which
Vale (VALE) stock slips as iron ore cools — here’s what traders are watching next

Vale (VALE) stock slips as iron ore cools — here’s what traders are watching next

New York, Jan 16, 2026, 10:25 EST — Regular session Vale SA’s U.S.-listed shares (VALE.N) slipped roughly 0.7% to $14.57 on Friday morning, following an opening price of $14.49. As a key indicator for the iron ore market, the Brazilian miner’s ADR often reflects changes in steel demand forecasts, particularly from China. Vale’s involvement in nickel and copper adds layers of complexity, causing the stock to react variably on days driven by commodity news. (Reuters) Iron-ore futures slipped overnight in China and Singapore. The May contract in Dalian, the most active, closed down 0.49% at 812 yuan a metric ton.
Venus Concept stock price jumps nearly 400% as Madryn flags possible delisting in filing

Venus Concept stock price jumps nearly 400% as Madryn flags possible delisting in filing

New York, Jan 16, 2026, 10:39 EST — Regular session Venus Concept Inc. shares surged over 390% on Friday, closing near $7.06 after an early range from $2.27 to $7.75. Trading volume exceeded 155 million shares. Late Thursday, Madryn Asset Management filed an amended Schedule 13D/A revealing it controls 91% of Venus Concept’s outstanding shares. The filing also noted Madryn urged the board to reduce operating costs, possibly by delisting and deregistering the stock. (SEC) This is significant since a 91% owner holds enough sway to push through major corporate moves, like restructurings that might dilute minority shareholders or alter

Stock Market Today

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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