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Stock Market 6 January 2026

SoFi stock drops below $30 after $1.59 billion share sale as options traders brace for a 13.7% earnings swing

SoFi stock drops below $30 after $1.59 billion share sale as options traders brace for a 13.7% earnings swing

SoFi Technologies shares fell nearly 9% on Tuesday after it completed the sale of 57.8 million shares in a public offering priced at $27.50, a deal that implies gross proceeds of about $1.59 billion. The stock was down 8.9% at $26.68 in late morning trading. Investing.com Canada The move puts fresh focus on dilution, with investors weighing how the added equity capital supports growth against the near-term pressure of a larger share count. It also lands as traders crowd into positions ahead of SoFi’s next results, a catalyst that has tended to drive sharp swings in the stock.
Regulator says Tunbridge Wells water outage was preventable as South East Water boss faces MPs

Regulator says Tunbridge Wells water outage was preventable as South East Water boss faces MPs

Britain’s Drinking Water Inspectorate said a breakdown at South East Water’s Pembury treatment works in Kent that left 24,000 homes around Tunbridge Wells without safe drinking water for two weeks was spotted weeks earlier and could have been stopped. Chief inspector Marcus Rink told MPs the firm failed to run tests requested by the regulator and to install a filter to stop heavy metals after a key treatment chemical failed, and he said it was “flying blind”. Rink added: “It shouldn’t have been a surprise,” while chief executive David Hinton said the incident followed a raw-water chemistry change not seen in 20 years and pointed to rising demand and climate pressures. The Guardian The evidence session is part of Parliament’s inquiry into reforming the water sector and follows the Tunbridge Wells supply failure late last year. Residents in Tunbridge Wells and surrounding villages were told on Nov. 29 that tap water was unsafe to drink, bathe, brush teeth with or give to pets, Parliament’s committees website said. UK Parliament Committees
6 January 2026
Goldman Sachs stock rises after Barclays hikes target as bank-rule bets build

Goldman Sachs stock rises after Barclays hikes target as bank-rule bets build

New York, Jan 6, 2026, 11:20 EST — Regular session The Goldman Sachs Group Inc shares rose 0.6% to $953.95 in late-morning trade on Tuesday after Barclays raised its price target on the Wall Street bank to $1,048 from $850 and kept an Overweight rating, TheFly reported. Barclays said it expects the trends that drove double-digit earnings growth and bank stock outperformance in 2025 to carry into 2026. TipRanks
6 January 2026
Exxon Mobil (XOM) stock slips after Venezuela-fueled rally as investors weigh oil supply risks

Exxon Mobil (XOM) stock slips after Venezuela-fueled rally as investors weigh oil supply risks

New York, January 6, 2026, 11:10 ET — Regular session Exxon Mobil Corp shares were down 1.4% at $123.63 on Tuesday, retreating from a surge a day earlier as traders reassessed what Washington’s Venezuela push could mean for oil supply and Big Oil’s returns. The stock opened at $125.40 and touched a session high of $126.11 before sliding toward $123.58.
Oracle stock slips as Jefferies sticks to $400 target; what investors watch next

Oracle stock slips as Jefferies sticks to $400 target; what investors watch next

New York, January 6, 2026, 10:48 EST — Regular session Oracle shares dipped 0.1% to $192.33 on Tuesday as Jefferies reiterated a “buy” rating and kept a $400 price target, even as broader U.S. equities and the tech sector traded higher. The S&P 500 ETF SPY rose 0.3%, while the tech-heavy QQQ and technology sector ETF XLK added about 0.6% and 1.0%, respectively. Investing.com
6 January 2026
Qualcomm stock jumps at CES 2026 on Snapdragon X2 Plus AI PC launch and robotics push

Qualcomm stock jumps at CES 2026 on Snapdragon X2 Plus AI PC launch and robotics push

Qualcomm shares rose about 3% on Tuesday after the chipmaker detailed new PC and robotics products at CES 2026, with the stock trading at $181.64 in morning deals. Semiconductor ETFs rose about 2.7% on the day. The CES push lands as Qualcomm tries to convince investors its growth can broaden beyond smartphones, even as the stock has trailed much of the sector. Shares have gained 8.2% over the past year versus 35.7% for the broader semiconductor industry, according to a Zacks note that also pointed to margin pressure and China-linked headwinds; Broadcom gained 47% over the same period. Nasdaq
Oklo (OKLO) stock jumps again as U.S. rolls out $2.7B uranium push and nuclear hearing nears

Oklo (OKLO) stock jumps again as U.S. rolls out $2.7B uranium push and nuclear hearing nears

Oklo Inc shares rose about 3% on Tuesday to around $92, extending a sharp rally a day earlier that lifted the nuclear developer’s stock nearly 15% to close at $89.34. The move comes as Washington steps up its focus on nuclear power and the fuel needed to run the next wave of reactors. The Energy Department on Monday announced billions of dollars in uranium-enrichment awards, and House lawmakers are set to hold a hearing this week on nuclear licensing and deployment.
6 January 2026
Eli Lilly stock rises on Nimbus obesity pill pact as oral drug race heats up

Eli Lilly stock rises on Nimbus obesity pill pact as oral drug race heats up

New York, January 6, 2026, 10:55 EST — Regular session Eli Lilly and Company shares rose about 1.6% on Tuesday after Nimbus Therapeutics announced a research and licensing agreement with the drugmaker aimed at developing an oral obesity treatment. Lilly was trading at $1,057.80 in New York morning trade, after moving between $1,040.15 and $1,070.77 earlier in the session. Reuters
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