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FTSE 100 Edges Lower as ATG Jumps, Genus Beats Guidance and Pound Holds Firm

January 16, 2026 1:34 pm
Key Moments FTSE 100 dipped 0.06% by 1256 GMT, while GBP/USD gained 0.2% to just below 1.34 and major European indices traded lower. Auction Technology Group PLC (LON:ATG) surged over 11% after FitzWalter Capital lifted its possible cash offer to £491 million, valuing shares at 400 pence. Genus PLC (LON:GNS) expects first-half adjusted profit before […] Read more

Boeing Reaches Tentative Contract Agreement With Former Spirit White-Collar Staff

January 16, 2026 10:33 am
Key Moments About 1,600 white-collar employees formerly at Spirit AeroSystems are covered by a tentative collective bargaining agreement with Boeing. The deal proposes a 20% increase to wage pools over five years, a $6,000 ratification bonus, and a 10% 401(k) match starting in 2027. Union members have until 5 pm on January 30 to vote. […] Read more

Ralph Lauren Shares Outperform Broader Market as Earnings Outlook Strengthens

January 16, 2026 9:05 am
Key Moments Ralph Lauren (NYSE: RL) advanced to $369.15, gaining 1.73% and beating the S&P 500’s 0.26% rise in the latest session. Consensus forecasts point to quarterly EPS of $5.74 and revenue of $2.31 billion, implying year-over-year growth of 19.09% and 7.89%, respectively. RL carries a Zacks Rank #3 (Hold), with its consensus EPS estimate […] Read more

Applied Materials Jumps as Barclays Turns Bullish on AI-Focused Chip Equipment

January 15, 2026 3:15 pm
Key Moments Applied Materials Inc (NASDAQ:AMAT) rises 8% in premarket trading after Barclays upgrades the stock to Overweight from Underweight. Barclays says China-related risks are already priced in, while rising foundry and DRAM investment boosts AMAT’s relative appeal. The bank highlights Nvidia, Micron, KLA, MTSI, and Corning as preferred AI infrastructure plays, while taking a […] Read more

Wells Fargo Sees Further Upside in Semiconductors, Elevates AMD and Equipment Makers

January 15, 2026 1:58 pm
Key Moments Wells Fargo set out its 2026 semiconductor outlook with a broad slate of stock upgrades across chips, memory, and equipment. AMD was designated the firm’s top pick, while Broadcom, Lam Research, KLA, Analog Devices, and Monolithic Power Systems all received Overweight ratings. The bank now projects 2026 semiconductor industry revenue of $1.02 trillion, […] Read more

Wall Street Prepares for the Open as Major Earnings and Deals Reshape Premarket Trade

January 15, 2026 1:22 pm
Key Moments U.S. equity futures inched higher as investors evaluated fresh bank earnings alongside easing geopolitical concerns. Taiwan Semiconductor Manufacturing (NYSE:TSM) surged 6.2% in premarket action after reporting stronger-than-expected fourth-quarter net profit driven by artificial intelligence demand. Boston Scientific (NYSE:BSX) dropped 3.5% after unveiling a roughly $14.5 billion agreement to acquire Penumbra to broaden its […] Read more

Jefferies Sees Rebound Potential in Intuit After Steep Early-Year Slide

January 15, 2026 10:15 am
Key Moments Intuit shares fell more than 6% on Wednesday and are down nearly 10% so far this year, tracking broader weakness in technology stocks. However, Jefferies analysts said the recent selloff linked to AI concerns is “overdone” and reiterated Intuit as a top large-cap software pick. Meanwhile, Intuit is targeting a multi-year acceleration toward […] Read more

Amazon Deepens Europe Focus With New AWS Sovereign Cloud and €7.8 Billion Commitment

January 15, 2026 9:19 am
Key Moments Amazon Web Services (NASDAQ:AMZN) announced the general availability of the AWS European Sovereign Cloud, built as an independent infrastructure for Europe. Amazon plans to invest more than €7.8 billion in the AWS European Sovereign Cloud in Germany, with the investment expected to support an average of 2,800 full-time equivalent jobs annually. The company […] Read more

FINRA’s New Fractional Trade Rules Put Precision Reporting in the Spotlight

January 15, 2026 8:02 am
Key Moments FINRA’s updated reporting rules for fractional share trades will take effect on February 23 for NMS stocks. Member firms must complete both a whole-share “Quantity” field and a new “Fractional Share Quantity” field with up to six decimal places. Firms that do not offer fractional trading will continue reporting trades as they do […] Read more

Microsoft Strikes Landmark U.S. Soil Carbon Credit Agreement With Indigo

January 15, 2026 7:30 am
Key Moments Microsoft agreed to buy 2.85 million U.S. soil carbon credits from Indigo Carbon in a 12-year deal, marking a record-sized transaction. According to a source familiar with the terms, the deal is valued between $171 million and $228 million, based on past prices of $60 to $80 per ton. Farmers in the program […] Read more