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Citi Sees Spotify Gains Amid Valuation and Catalysts

January 30, 2026 2:32 pm
Key Moments Citi upgraded Spotify to Buy while reiterating a $650 price target based on “28x 2027 FCF per share.” The bank forecasts Spotify revenue and adjusted EBITDA modestly above consensus, driven mainly by stronger Premium ARPU and margins. Citi pointed to potential price hikes, competitor moves, and buybacks as key upside catalysts, while flagging […] Read more

Exxon Mobil Tops Q4 Estimates on Low-Cost Production

January 30, 2026 1:12 pm
Key Moments Exxon Mobil reported adjusted fourth-quarter earnings of $1.71 per share, topping the $1.68 per share consensus estimate from LSEG data. Full-year 2025 adjusted profit fell 10% as Brent prices declined 19%, but cost reductions and low-cost production helped narrow the impact. The company returned $37.2 billion to shareholders last year through $17.2 billion […] Read more

Apple Reportedly Targets High-End iPhones in 2026 Plans

January 30, 2026 9:36 am
Key Moments Apple is reportedly focusing on three premium iPhone models for a 2026 launch, according to Nikkei. The lineup is said to include a foldable iPhone and two high-end, non-folding models with upgraded cameras and larger screens. Apple plans to delay the standard iPhone 18 to the first half of 2027, freeing up resources […] Read more

China OKs DeepSeek’s Nvidia H200 Chip Purchase

January 30, 2026 7:34 am
Key Moments China has granted conditional approval for AI startup DeepSeek to acquire Nvidia’s H200 chips, with regulatory terms still under negotiation, according to two sources. Approvals for DeepSeek, ByteDance, Alibaba and Tencent to buy H200 chips have been issued by Chinese ministries, but final import conditions are being set by the National Development and […] Read more

Innodata Gains on Palantir AI Collaboration

January 29, 2026 3:07 pm
Key Moments Innodata Inc (NASDAQ:INOD) shares climbed 13.8% Thursday after winning a data engineering and training data mandate from Palantir Technologies (NYSE:PLTR). The company will supply specialized annotation and data engineering for thousands of hours of rodeo video to power computer vision models for automated performance metrics. The partnership extends to multimodal data engineering and […] Read more

Norfolk Southern Lifts Q4 Earnings Despite Weak Freight

January 29, 2026 2:55 pm
Key Moments Norfolk Southern reported a rise in adjusted fourth-quarter profit to $3.22 per share from $3.04 per share a year earlier. Fourth-quarter railway operating revenue declined 2% to $3 billion, while railway volumes fell 4% from a year ago. The company achieved more than $215 million in cost savings in the fourth quarter, even […] Read more

Starbucks Stock Gains as CEO Outlines Growth Plan

January 29, 2026 2:14 pm
Key Moments Starbucks (NASDAQ:SBUX) shares rose 2% Thursday morning following CEO Brian Niccol’s presentation of long-term growth targets. The company projected at least 3% comparable sales growth and operating margins of 13.5% to 15% through fiscal year 2028. Guidance for the current fiscal year includes 3% comparable sales growth through September, slightly ahead of analyst […] Read more

Mastercard Earnings Rise on Strong Consumer Spending

January 29, 2026 1:42 pm
Key Moments Mastercard’s fourth-quarter net income increased to $4.06 billion, or $4.52 per share, from $3.34 billion, or $3.64 per share, a year earlier. Gross dollar volume on Mastercard’s network rose 7% as consumers continued to spend despite tariff-related uncertainty. Net revenue advanced 17.6% to $8.81 billion in the quarter, supported by resilient household and […] Read more

Microsoft Shares Fall on Cooling Cloud and Higher Spending

January 29, 2026 9:56 am
Key Moments Microsoft (NASDAQ:MSFT) delivered second-quarter adjusted EPS of $4.14 on revenue of $81.3 billion, beating analyst forecasts. Azure revenue grew 39%, just above 38.8% expectations, but slowed compared to the previous quarter. Capital expenditures jumped nearly 66% year on year to $37.5 billion, exceeding projections of $34.31 billion and weighing on the stock. Headline […] Read more

Meta Ramps Up AI Ambitions With Aggressive Budget

January 29, 2026 9:04 am
Key Moments Meta raised its 2026 capital expenditure to $115-$135 billion, up sharply from $72.22 billion last year. Fourth-quarter advertising revenue climbed to $58.14 billion from $46.78 billion. The results helped Meta shares rise 10% in after-hours trading. First-quarter revenue is projected at $53.5-$56.5 billion, above the analyst average of $51.41 billion. Massive Capex Ramp […] Read more