Financial Summary: Saturday, January 24, 2026
Financial news summary and key insights from Saturday, January 24, 2026. Browse summaries by category below.
Companies
Nvidia director Persis Drell resigns, cashing out $26 million in stock after a decade on the board.
Goldman Sachs CEO David Solomon's pay rises to $47 million in 2025, reflecting the bank's profit growth.
IndiGo shares fell after a significant drop in quarterly profit, with mixed analyst views on its future.
Adani Group stocks dropped sharply amid allegations of fraud and bribery, resulting in a $9 billion market value loss.
UltraTech Cement reported a 32% year-on-year increase in profit after tax for Q3 FY26, reaching Rs 1,792 crore.
Macy's announces unexpected store closures as consumer spending declines, reflecting broader retail challenges.
ACV Auctions secures a $9 million investment despite a significant 60% drop in stock value, indicating investor confidence.
ASML stock is predicted to surge by 70% according to a Wall Street analyst, signaling strong future performance.
Ford has announced a recall of several car and SUV models due to a potential fire hazard.
Eli Lilly faces scrutiny as investors consider whether to sell shares following a recent setback.
A popular convenience store chain is set to disappear after being sold, raising concerns among loyal customers.
The SEC has dropped its lawsuit against the Winklevoss twins' Gemini crypto exchange, a significant development in the crypto space.
Billionaire investors are increasing their stakes in Microsoft and Meta, betting on AI despite market volatility.
World
A major winter storm is impacting over 170 million Americans, causing travel disruptions and power outages.
The UK government has paused a controversial bill regarding the Chagos Islands following backlash from the US.
At the World Economic Forum in Davos, CEOs are discussing the implications of AI and trends in the housing market.
The US has unveiled a new national defense strategy aimed at countering China's influence in the Indo-Pacific region.
China has launched an investigation into two military leaders, consolidating Xi Jinping's control over the armed forces.
Former President Trump has threatened to impose a 100% tariff on Canada if it proceeds with a trade deal with China.
Federal agents shot and killed a man in Minneapolis during an immigration crackdown, sparking local outrage.
Tech
Tech CEOs at Davos discuss the transformative impact of AI, emphasizing four key themes across industries.
DeepMind's CEO expresses concern over a bubble-like investment climate in AI but remains optimistic about the company's future.
NVIDIA's CEO highlights the rise of AI as the largest infrastructure buildout in history, showcasing its potential across various sectors.
India
Sebi has charged executives from EY, PwC, Carlyle, and Advent with insider trading related to a 2022 Yes Bank share sale.
The Reserve Bank of India is implementing liquidity-boosting measures worth ₹1.92 lakh crore to enhance system liquidity.
India's defence sector is set for transformation with a record budget aimed at boosting domestic production and exports.
The Indian auto sector is experiencing a strong recovery in Q3, driven by GST cuts and festive demand, with TVS Motors and Maruti Suzuki leading.
General
As federal ACA subsidies expire, several blue states are stepping in to provide their own health insurance premium subsidies to support residents.
Delroy Lindo has received his first Oscar nomination at the age of 73, marking a significant achievement in his Hollywood career.
A new report outlines the essential needs for the middle class to achieve a comfortable lifestyle by 2026, emphasizing economic stability and affordable housing.
Reflections on a decade of liberalism suggest that the anticipated trauma during illiberal times has been less severe than expected.
A woman faces the potential repossession of a motorcycle she co-signed for her ex-boyfriend, raising concerns about her financial liability.
Markets
The Japanese yen experienced its largest rally since August amid speculation of potential market intervention.
U.S. stocks fluctuated with the Dow Jones and S&P 500 closing slightly lower due to ongoing geopolitical concerns.
Indian stock markets fell nearly 1% as the rupee hit record lows amid heightened global tensions.
A Goldman Sachs survey indicates nearly half of investors plan to increase their exposure to hedge funds, signaling a shift in investment strategy.
Emerging-market assets and gold are gaining traction as investors shift away from US holdings amid rising US-Europe tensions and a weakening dollar.
Market volatility is expected to remain high as Nifty breaks key technical levels, increasing risk perception among traders.
Foreign Portfolio Investors have sold Indian equities worth Rs 33,598 crore in January, leading to a significant decline in market capitalization.
Bank of America issued a warning about the stock market, advising investors to be cautious in the current economic climate.
Netflix shares plummeted after disappointing earnings, raising concerns among investors about the company's future performance.
Hedge funds have increased their gold investments to a 16-week high, signaling a shift towards safer assets amid market volatility.