Late Night Market Recap

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  Night.Owl
 
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Night.Owl masters market recaps, offering sharp analysis that uncovers hidden patterns and key moves. Stay ahead with Night.Owl’s expert insights.
 

•  26 Jan 2026
 

•   AAPL  
   
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•   AGNC  
   
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•   BKR  
   
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•   CSCO  
   
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•   GME  
   
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$AAPL Apple climbed 2.97% on heavy volume of more than 54 million shares as Wall Street zeroed in on the upcoming earnings report. JPMorgan lifted its price target to $315, citing confidence in iPhone demand despite rising memory costs and slower App Store growth. Morgan Stanley also signaled a likely revenue beat, while broader analyst commentary framed Apple as a long-term AI opportunity heading into 2026. A disclosure that Rep. Nancy Pelosi sold a sizable stake added another layer of attention. The price action suggests traders are positioning ahead of what could be a pivotal quarterly print.

$HL Hecla Mining fell 5.78% even as options activity surged, with nearly 97,000 contracts traded. That spike in derivatives volume points to elevated speculation or hedging activity. Despite the decline in shares, the unusual options flow puts HL firmly on the radar for volatility-focused traders.

$IONQ IonQ dropped 8.21% after announcing a $1.8 billion acquisition of chipmaker SkyWater, a major step toward vertically integrating its quantum technology stack. The strategic expansion was overshadowed by near-term dilution concerns and technical weakness, with shares slipping below the 200-day moving average. The breakdown adds a technical headwind to an already headline-driven move.

$GME GameStop gained 4.44% following news of a $114,000 insider purchase by board member Lawrence Cheng. Insider buying often acts as a confidence signal, particularly in a stock known for sharp sentiment swings. The move reignited speculative interest as traders interpreted the filing as a potential vote of confidence in the direction.

$TTD The Trade Desk sank 7.5% despite reaffirming fourth-quarter guidance, as a management shake-up unsettled investors. Leadership changes can introduce uncertainty, especially in high-growth ad-tech names. Even steady guidance wasn’t enough to offset concerns, sending shares lower into the close.

$CSCO Cisco Systems advanced 3.24% after Evercore ISI upgraded the stock to Outperform and highlighted roughly 16% upside potential. The upgrade followed stronger-than-expected profit and revenue outlook commentary, positioning CSCO among the Dow better performers. Positive analyst sentiment provided a clear catalyst for buyers.

$JBLU JetBlue slid 3.79% as airline stocks faced mixed analyst outlooks ahead of key earnings reports. While parts of the sector received upbeat commentary tied to turnaround expectations, JBLU struggled to gain traction. Traders remain cautious as airlines navigate cost pressures and shifting demand trends.

$RKLB Rocket Lab tumbled 9.51% despite completing a successful Electron launch. Investors instead focused on testing issues tied to its upcoming Neutron rocket, underscoring how forward-looking execution risks can outweigh present achievements. The reaction highlights the market sensitivity to development milestones in space equities.

$AGNC AGNC Investment edged down 0.42% after missing fourth-quarter earnings and revenue estimates. Non-GAAP EPS of $0.35 came in below consensus, and revenue trailed expectations. Although macro conditions have modestly improved for mortgage REITs, the report left investors seeking clearer signs of earnings momentum.

$BKR Baker Hughes climbed 4.4% after delivering fourth-quarter earnings and revenue that topped estimates, driven by strong performance in its Industrial & Energy Technology segment. Adjusted EPS of $0.78 beat by $0.11, and revenue of $7.39 billion exceeded forecasts. Despite some valuation concerns raised by analysts, the solid beat fueled buying interest into the evening.

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