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Stocks News 13 January 2026

Penumbra (PEN) stock slides 5% after CEO flags manufacturing shift at JPM conference

Penumbra (PEN) stock slides 5% after CEO flags manufacturing shift at JPM conference

New York, Jan 13, 2026, 15:57 EST — Regular session Penumbra (NYSE: PEN) shares dropped Tuesday following comments from CEO Adam Elsesser about shifting the company’s manufacturing base. The stock slid 5.2% to $302.70 in late trading after hitting a low of $290.42 earlier. Elsesser told a conference that “All of our products today are manufactured in California. That’s going to change.” (Seeking Alpha) The comment came as investors digested new insights from the J.P. Morgan Healthcare Conference in San Francisco, an annual event where executives typically lay out their vision for the coming year. For a stock trading close
13 January 2026
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IBM stock drops 3% even after BofA lifts target — what to watch before earnings

IBM stock drops 3% even after BofA lifts target — what to watch before earnings

New York, January 13, 2026, 15:44 EST — Regular session International Business Machines Corp shares slid about 3% on Tuesday, extending a pullback from last week’s levels as investors weighed fresh analyst caution and a risk-off turn across U.S. stocks. The move matters because IBM is coming off a strong 2025, and the bar for guidance has moved up with it. Bank of America analyst Wamsi Mohan reiterated a Buy rating and raised his price target to $335, but he also pointed to a more difficult setup heading into 2026. (TipRanks) BofA expects IBM’s fourth quarter to show softer profit
13 January 2026
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Pfizer stock slips as CEO likens obesity drugs to Viagra; Metsera trials and Feb. 3 earnings in focus

Pfizer stock slips as CEO likens obesity drugs to Viagra; Metsera trials and Feb. 3 earnings in focus

New York, Jan 13, 2026, 15:07 EST — Regular session. Pfizer shares dipped 0.6% to $25.12 by mid-afternoon Tuesday, continuing a volatile stretch for the drugmaker as investors digested its recent comments on obesity treatments. The stock fluctuated between $24.98 and $25.42 during the session. The selling comes as CEO Albert Bourla pushes to sharpen Pfizer’s post-COVID growth narrative and justify its spending on new drugs. At Monday’s J.P. Morgan Healthcare Conference, Bourla likened the potential consumer demand for obesity meds to the early surge in Viagra sales and admitted Pfizer underestimated how quickly the “cash-pay” market—patients paying out of
13 January 2026
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GE Aerospace stock rises after Delta picks GEnx engines for new Boeing 787-10 order

GE Aerospace stock rises after Delta picks GEnx engines for new Boeing 787-10 order

New York, January 13, 2026, 14:51 EST — Regular session GE Aerospace (GE) shares rose 1.1% to $327.60 in afternoon trade on Tuesday after the company said Delta Air Lines had picked its GEnx engines for new Boeing 787-10 jets. Delta ordered 30 aircraft with options for 30 more — the right to buy additional planes later — and signed up for spare engines and long-term support. (PR Newswire) For GE, the engine win is only part of it. The longer payback comes from service work — maintenance, overhauls and parts — that tends to stretch for years once jets
13 January 2026
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Cheniere Energy stock edges up after CEO sets 2026 LNG target — what traders watch next

Cheniere Energy stock edges up after CEO sets 2026 LNG target — what traders watch next

New York, Jan 13, 2026, 14:03 EST — Regular session underway. Shares of Cheniere Energy ticked up roughly 0.3% to $194.05 Tuesday afternoon following CEO Jack Fusco’s announcement that the LNG exporter aims to handle 10 billion cubic feet per day of natural gas by the close of 2026. (BOE Report) The timing is crucial as U.S. gas traders focus heavily on one key factor: how much pipeline gas LNG export terminals can keep drawing amid fluctuating winter demand. In January, flows to the eight major U.S. LNG export plants have averaged 18.7 billion cubic feet per day, with a
13 January 2026
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Fabrinet (FN) stock jumps 8% after CPI report as traders eye next earnings test

Fabrinet (FN) stock jumps 8% after CPI report as traders eye next earnings test

New York, Jan 13, 2026, 14:12 EST — Regular session Fabrinet shares climbed 7.8% to $499.25 during afternoon trading on Tuesday, reaching an intraday peak of $504.90. The stock had closed at $462.94 the day before and has fluctuated between $460.00 and $504.90 earlier in the session. The sharp move thrust the optical and electronics contract manufacturer into focus as investors ignored weakness in some major sectors and zeroed in on tech-linked momentum. A steady inflation report kept rate cut talks alive, which usually boosts higher-multiple hardware stocks quickly. U.S. consumer prices increased by 0.3% in December, bringing the annual
13 January 2026
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EVTV stock jumps again as Envirotech Vehicles rides AZIO AI’s $107 million GPU order headline

EVTV stock jumps again as Envirotech Vehicles rides AZIO AI’s $107 million GPU order headline

NEW YORK, Jan 13, 2026, 13:06 EST — Regular session Envirotech Vehicles, Inc (EVTV.O) saw its shares surge roughly 84% to $4.61 on Tuesday, pushing a two-day rally that has made the small U.S.-listed stock a momentum play. During the session, shares fluctuated from $2.62 up to $4.75. (Google) The significance lies in EVTV’s modest market cap—around $22 million—being linked to a far bigger revenue number. That discrepancy alone can draw quick capital, despite sparse details and delayed timelines. AZIO AI, the company Envirotech Vehicles is looking to acquire, announced Monday it secured a binding purchase order for 256 Nvidia
13 January 2026
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Venture Global stock rebounds after 2025 EBITDA guidance cut as traders refocus on LNG cargo numbers

Venture Global stock rebounds after 2025 EBITDA guidance cut as traders refocus on LNG cargo numbers

New York, Jan 13, 2026, 12:44 EST — Regular session Shares of Venture Global jumped roughly 7% to $7.90 during midday trading on the New York Stock Exchange Tuesday, recovering after the U.S. liquefied natural gas exporter lowered its full-year profit forecast just a day earlier. This move is significant because the company’s recent update finally put a concrete figure on an issue traders have debated for weeks: just how fast shipping delays and price fluctuations can erode margins on spot LNG cargoes. This comes before Venture Global’s fourth-quarter results, which will reveal the cash flow and complete earnings details
13 January 2026
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Lam Research stock stalls near highs as BofA lifts target to $245, more boosts follow

Lam Research stock stalls near highs as BofA lifts target to $245, more boosts follow

New York, Jan 13, 2026, 12:10 EST — Regular session Lam Research (LRCX) shares were little changed on Tuesday after Bank of America raised its price target on the chipmaking equipment supplier to $245 from $195 and kept a Buy rating. The stock was down 0.1% at $220.26 in midday trading. BofA cited a stronger multi-year demand outlook and improving visibility as it lifted targets across its semiconductor equipment coverage. (TipRanks) Why it matters now: Lam is trading near recent highs, and investors are reworking their assumptions for chip-factory spending in 2026. For this group, sentiment can flip fast —
13 January 2026
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Netflix stock barely moves as Paramount lawsuit intensifies fight over Warner deal

Netflix stock barely moves as Paramount lawsuit intensifies fight over Warner deal

New York, January 13, 2026, 11:08 (ET) — Regular session Netflix, Inc. shares were little changed on Tuesday after Paramount Skydance sued Warner Bros Discovery and said it would nominate directors in a bid to block Warner’s planned deal with Netflix, Reuters reported. Paramount is pitching a $30-per-share all-cash tender offer — an offer to buy stock directly from shareholders — that expires on Jan. 21, versus Netflix’s $82.7 billion cash-and-stock agreement valued at $27.75 per share for Warner’s studios and streaming assets. Netflix was up 0.03% at $89.44 in late-morning trade, while Warner fell 0.3% and Paramount Skydance slipped
13 January 2026
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Venture Global stock rebounds as LNG exporter flags shipping snags, trims 2025 outlook

Venture Global stock rebounds as LNG exporter flags shipping snags, trims 2025 outlook

NEW YORK, Jan 13, 2026, 10:15 a.m. EST — Trading underway in the regular session. Shares of Venture Global (VG) climbed roughly 4% to $7.69 Tuesday morning. The U.S. liquefied natural gas exporter narrowed its profit forecast for 2025 and flagged transport bottlenecks in its latest update. This goes beyond a single stock. LNG cargo economics can shift fast in winter, with freight turning into a genuine wildcard for U.S. exporters scrambling to move volumes as global price signals fluctuate. Venture Global’s latest update highlights a key concern for investors: just how reliably new U.S. export capacity turns gas feedstock
13 January 2026
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CleanSpark stock nudges higher as bitcoin firms; traders eye next catalyst for CLSK

CleanSpark stock nudges higher as bitcoin firms; traders eye next catalyst for CLSK

NEW YORK, Jan 13, 2026, 10:17 EST — Regular session CleanSpark shares rose 1.8% to $12.18 on Tuesday, buoyed by a roughly 1.8% gain in bitcoin that boosted appetite for crypto-related stocks. Marathon Digital held steady, while Riot Platforms ticked up slightly, highlighting how miner stocks can quickly diverge as traders shift focus among them. This matters because miners frequently act as a high-volatility stand-in for bitcoin. When bitcoin strengthens, miners can surge sharply; when it falls, they tend to plunge quickly as investors adjust their expectations for future cash flow. CleanSpark is pushing to broaden its market beyond just
13 January 2026
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Stock Market Today

Corning stock price hits record close — what’s driving GLW and the next big test

Corning stock price hits record close — what’s driving GLW and the next big test

7 February 2026
Corning shares jumped 8.3% to a record $122.16 Friday, gaining 11% over two sessions amid strong demand for AI infrastructure stocks. The move follows a $6 billion optical fiber deal with Meta and upgraded company forecasts. Shares traded as high as $122.56 and rose 0.6% after hours. COO Avery Nelson sold 1,894 shares for tax withholding, retaining 66,050.
PepsiCo stock: €2.5 billion bond deal lands as investors size up the price-cut gamble

PepsiCo stock: €2.5 billion bond deal lands as investors size up the price-cut gamble

7 February 2026
PepsiCo priced €2.5 billion in euro notes across four maturities, with settlement set for Feb. 11, according to an SEC filing. The company plans to use proceeds for general corporate purposes, including repaying commercial paper. Shares closed at $170.49 Friday, up 1.8%. PepsiCo is also cutting U.S. snack prices by up to 15% after consumer pushback.
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