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Stock Market 14 January 2026

Freeport-McMoRan stock tags new high as Wall Street lifts targets on copper, with earnings next

Freeport-McMoRan stock tags new high as Wall Street lifts targets on copper, with earnings next

Freeport-McMoRan shares closed up 1.1% at $59.34 Tuesday after hitting a new 52-week high, with about 22 million shares traded. Wells Fargo and Citi raised their price targets on FCX, citing copper supply trends and operational outlooks. Investors are watching the Jan. 15 dividend record date and the Jan. 22 Q4 earnings call. Copper prices on the LME remain near monthly highs despite a slight dip.
Cisco stock rises as FlashStack with Nutanix goes live, with Feb. earnings in focus

Cisco stock rises as FlashStack with Nutanix goes live, with Feb. earnings in focus

Cisco shares rose 1.97% to $75.47 Tuesday, outperforming a declining U.S. market. Cisco, Pure Storage, and Nutanix launched FlashStack with Nutanix, targeting customers affected by changes in VMware licensing. Trading volume for Cisco lagged its 50-day average. Investors await Cisco’s quarterly earnings on Feb. 11 and a $0.41 dividend payout on Jan. 21.
Western Digital stock in focus as WDC sets Jan. 29 earnings date and storage names brace for a busy week

Western Digital stock in focus as WDC sets Jan. 29 earnings date and storage names brace for a busy week

Western Digital shares closed up 0.88% at $214.00 Tuesday after swinging between $208.48 and $218.00. The company will report fiscal Q2 earnings after markets close Jan. 29, with Seagate set to release results Jan. 27. Investors are watching for signs of demand and pricing in the data storage sector, following recent volatility and warnings about AI-related bottlenecks.
MercadoLibre stock slides after AI-linked layoff report; traders brace for what’s next for MELI

MercadoLibre stock slides after AI-linked layoff report; traders brace for what’s next for MELI

MercadoLibre shares fell 3.55% to $2,073.57 Tuesday after the company laid off 119 employees across Latin America, including 38 in Brazil, as part of an AI-driven restructuring. Most cuts targeted UX writers. Ariel Szarfsztejn became CEO on Jan. 1, with Marcos Galperin moving to executive chairman. Fourth-quarter results are tentatively scheduled for Feb. 24.
Super Micro Computer stock slides after Goldman’s ‘Sell’ call puts margins back in the spotlight

Super Micro Computer stock slides after Goldman’s ‘Sell’ call puts margins back in the spotlight

Super Micro Computer shares fell 5% to $28.60 Tuesday after Goldman Sachs initiated coverage with a Sell rating and cut its price target to $26. The downgrade cited margin pressure and increased competition in the AI server market. Investors are watching the company’s upcoming earnings for signs it can maintain profitability. U.S. stocks broadly slipped, led by declines in financials.
14 January 2026
Bloom Energy stock ticks higher on Korea AI data-center power pact as BE stays volatile

Bloom Energy stock ticks higher on Korea AI data-center power pact as BE stays volatile

Bloom Energy shares rose 2.1% to $139.77 in after-hours trading Tuesday after AMCHAM Korea signed a memorandum of understanding with the company to promote solid oxide fuel cells for AI data centers. The deal is non-binding. Investors are watching for demand signals at Bloom’s presentations during the PowerGen conference Jan. 20-22. Other fuel-cell stocks showed mixed moves late in the session.
L3Harris stock in focus after Pentagon’s $1B missile-unit deal tees up 2026 IPO

L3Harris stock in focus after Pentagon’s $1B missile-unit deal tees up 2026 IPO

The Pentagon will invest $1 billion in L3Harris Missile Solutions ahead of a planned IPO in late 2026. L3Harris shares closed up 0.2% at $341.24 after the news. The deal requires congressional approval and would give the government a direct financial stake in a key missile supplier. Investors are watching for more details and L3Harris earnings later this month.
Thermo Fisher stock falls as CEO flags new U.S. reshoring contracts, Nvidia tie-up in focus

Thermo Fisher stock falls as CEO flags new U.S. reshoring contracts, Nvidia tie-up in focus

Thermo Fisher Scientific’s pharma services unit secured contracts to help clients move drug manufacturing back to the U.S., CEO Marc Casper said Tuesday. Shares fell 1.4% to $607.08. The company announced new AI partnerships with Nvidia and TetraScience and confirmed COO Michel Lagarde will leave by March, with Gianluca Pettiti named as his successor. Casper cited looming tariffs and recent acquisitions as drivers for U.S. expansion.

Stock Market Today

  • Truist Financial Raises Amgen Price Target Slightly to $327 with Hold Rating
    May 2, 2026, 8:31 AM EDT. Truist Financial modestly increased its price target for Amgen (NASDAQ:AMGN) to $327 from $325, maintaining a "hold" rating on the biotech giant, reflecting a slight downside potential of 0.43% from the latest close. Other analysts showed mixed views: Goldman Sachs upgraded Amgen to "buy" and raised its target to $425, while Deutsche Bank and Barclays assigned "hold" and "equal weight" ratings with targets around $295-$350. Amgen's recent quarterly earnings impressed with EPS of $5.15 surpassing estimates, and revenue growth of 5.8%. The company expects FY 2026 EPS between 21.7 and 23.1. With a market cap of $177.24 billion and a stable PE ratio of 23.07, Amgen's consensus remains "hold" with an average target near $358, underscoring cautious optimism amid sector challenges.

Latest article

Beyond ChatGPT And Nvidia: 3 Technologies Wall Street May Have To Reprice Before 2026 Ends

Beyond ChatGPT And Nvidia: 3 Technologies Wall Street May Have To Reprice Before 2026 Ends

2 May 2026
The S&P 500 and Nasdaq closed at record highs Friday as Alphabet, Amazon, Meta, and Microsoft projected 2026 AI spending above $700 billion. Meta shares dropped nearly 10% after raising its capital-spending outlook, while Alphabet rose on strong Google Cloud revenue. Meta acquired Assured Robot Intelligence, expanding into robotics AI. Google began selling its AI chips directly to customers, challenging Nvidia.
Forget Big Tech: Data Storage Stocks Are Becoming AI’s Quiet Market Dark Horse

Forget Big Tech: Data Storage Stocks Are Becoming AI’s Quiet Market Dark Horse

2 May 2026
Seagate shares rose 7.9% and Sandisk jumped 8.3% Friday, while Western Digital slipped 0.6%. Sandisk reported Q3 revenue up 251% to $5.95 billion and signed $42 billion in long-term supply deals. Western Digital’s Q3 revenue climbed 45% to $3.34 billion, topping analyst estimates. Seagate forecast Q4 revenue of $3.45 billion, citing AI-driven demand.
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