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Stock Market 11 January 2026

Rigetti stock slips after 108-qubit quantum system delay — what to watch before Monday

Rigetti stock slips after 108-qubit quantum system delay — what to watch before Monday

New York, January 11, 2026, 12:09 EST — The market has closed. Rigetti Computing shares dropped 2.1% Friday following an update on the timeline for its upcoming 108-qubit system. The quantum-computing company’s news served as a fresh example of how quickly smaller, milestone-focused tech stocks can react to shifts in their roadmaps. The stock closed at $24.72.
11 January 2026
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Cisco stock: Supreme Court lawsuit, partner-program shift put CSCO in focus for the week ahead

Cisco stock: Supreme Court lawsuit, partner-program shift put CSCO in focus for the week ahead

New York, Jan 11, 2026, 11:50 ET — The market has closed. The U.S. Supreme Court on Friday agreed to hear Cisco Systems’ appeal in a lawsuit accusing the tech giant of aiding China in tracking down Falun Gong practitioners. This development adds a new layer of legal uncertainty as Cisco’s shares prepare to trade next week. A Cisco spokesperson said the company is “pleased” the court will consider the case and anticipates the oral arguments ahead.
11 January 2026
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Chevron stock (CVX) heads into Monday with Venezuela output boost in spotlight

Chevron stock (CVX) heads into Monday with Venezuela output boost in spotlight

New York, January 11, 2026, 11:37 EST — Market closed Chevron shares rose 1.8% on Friday, closing at $162.11, as investors digested the company’s assertion that it can quickly boost production in Venezuela. At a White House meeting, Vice Chairman Mark Nelson pointed to Chevron’s century-long presence in Venezuela and its unique position as the only U.S. oil major still active there. He claimed Chevron could immediately double crude “liftings” — the volumes loaded for sale — from its joint ventures with PDVSA, the Venezuelan state oil firm. Nelson added, “We are also able to increase our production within our own disciplined investment schemes by about 50% just in the next 18 to 24 months.”
11 January 2026
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Alibaba stock drops into the weekend as China opens food-delivery probe; what BABA traders watch next

Alibaba stock drops into the weekend as China opens food-delivery probe; what BABA traders watch next

New York, January 11, 2026, 11:18 — Market closed. Alibaba Group Holding’s U.S.-listed ADRs dropped 2.3%, closing at $150.96 on Friday. The decline came after China announced an investigation into aggressive competition among food-delivery platforms, drawing attention to the subsidy-heavy “instant retail” battle for one-hour delivery of products—from meals to over-the-counter medicine. Both Alibaba and rival Meituan said they welcome the probe and will cooperate.
11 January 2026
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Industrial and Commercial Bank of China Class A stock: Beijing’s new demand push sets up the week

Industrial and Commercial Bank of China Class A stock: Beijing’s new demand push sets up the week

SHANGHAI, Jan 12, 2026, 00:26 — Market closed Industrial and Commercial Bank of China Ltd’s yuan-denominated Class A shares head into Monday’s session amid renewed policy focus after China’s cabinet unveiled a set of fiscal and financial measures targeting domestic demand, including interest-subsidy support for consumer loans. The stock closed Friday at 7.71 yuan, up 0.26%, with around 241 million shares changing hands. Valuations stand at about 7.9 times earnings and 0.75 times book value, according to data.
11 January 2026
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Costco stock: Supreme Court tariff decision date, shareholder meeting put COST in play next week

Costco stock: Supreme Court tariff decision date, shareholder meeting put COST in play next week

New York, January 11, 2026, 11:08 EST — The market has closed. The U.S. Supreme Court will deliver its next batch of rulings on Jan. 14, leaving a challenge to President Donald Trump’s broad tariffs still in play as traders prepare for the week. The court heard arguments on the tariffs back on Nov. 5 but hasn’t indicated if this case will be included in that day’s decisions.
11 January 2026
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Bank of America stock: Trump’s 10% credit-card rate cap call hits ahead of BAC earnings

Bank of America stock: Trump’s 10% credit-card rate cap call hits ahead of BAC earnings

New York, January 11, 2026, 11:15 EST — Market closed. U.S. President Donald Trump announced a one-year cap on credit card interest rates at 10%, set to start on Jan. 20, though he didn’t clarify how the plan would be enforced. The move adds fresh policy risk for Bank of America and other lenders as trading restarts. Banking groups warned this could “reduce credit availability.” Bank of America, American Express, and Capital One did not respond to Reuters’ requests for comment. “When companies can’t price the risk properly, they’ll just reduce credit lines,” said Brian Jacobsen, chief economic strategist at Annex Wealth Management, highlighting that credit cards are unsecured loans.
11 January 2026
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Johnson & Johnson stock in focus: Trump drug-price pact and fresh cancer data before Monday

Johnson & Johnson stock in focus: Trump drug-price pact and fresh cancer data before Monday

New York, Jan 11, 2026, 10:45 EST — Market closed. Shares of Johnson & Johnson dipped 0.7% on Friday to $204.39 following the company's announcement of a deal with the Trump administration to lower U.S. drug prices. In return, J&J secured exemptions from certain U.S. tariffs. The company said it will offer medicines at discounted rates via TrumpRx.gov and match Medicaid pricing levels seen in other developed countries, though it did not specify which drugs would be involved or the exact discount sizes. The administration made similar deals with nine other pharmaceutical firms in December as part of its effort to close the gap that leaves U.S. patients paying nearly three times more than those abroad.
11 January 2026
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Stock Market Today

  • Aecon Group jumps 17% after landing $4.6B Alberta power deal
    July 3, 2026, 5:54 PM EDT. Aecon Group Inc. (ARE:TSX) stock surged 17% after the company won a contract to build the 932-megawatt Greenlight Electricity Centre near Edmonton. The $4.6 billion project gives Aecon a majority stake and $1.7 billion of work. Raymond James analyst Frederic Bastien boosted his Aecon rating to outperform and took the target to $60 from $51, calling it the firm's largest power infrastructure job in more than 20 years. TD Cowen sees the deal adding $450 million a year in top-line during peak construction (2027-2029), with the stock possibly gaining $8 on the news. Aecon shares have usually traded at a discount, but the new power center could supply a planned data center tied to Meta Platforms. Aecon's 12-month analyst target sits at $54.18 from 11 analysts.
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