full image - Repost: The Daily Market Flux - Your Complete Market Rundown (01/12/2026) (from Reddit.com, The Daily Market Flux - Your Complete Market Rundown (01/12/2026))
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Our platform aggregates and organizes all relevant market news, helping you stay informed, up-to-date, and knowledgeable without spending hours sifting through headlines.Reinvented to keep you in control, it's where your edge begins with better information. Go from market noise to clarity in seconds with a real-time platform built to redefine how traders and investors digest financial news.Visit www.marketflux.ioHere is Your Complete Market Rundown (01/12/2026)Company NewsCitigroup Inc. (C)Performance Overview1D Change: -3.08%5D Change: -4.57%News Volume: 130Unusual Volume Factor: 3xCitigroup Shares Tumble on Trump Credit Card Rate Cap Proposal as Bank Announces Job Cuts and DividendCitigroup shares fell sharply Monday after President Trump proposed capping credit card interest rates at 10% for one year beginning January 20th. The bank dropped 3.6% alongside other major lenders including JPMorgan and American Express, with bank insiders warning the plan faces an unclear path forward and poses "devastating" risks to the financial sector. The proposal rattled markets broadly, contributing to declines across the S&P 500. Despite the regulatory headwinds, Citigroup maintained its regular business operations. The bank declared a quarterly dividend of $0.60 per share and announced plans to cut approximately 1,000 jobs this week as CEO Jane Fraser continues cost-reduction efforts aimed at improving returns. Citigroup's research division remained active, issuing multiple analyst calls across sectors. The bank upgraded Palantir to Buy with a $235 price target, citing potential 80% sales growth in 2026 driven by accelerating enterprise and government demand. Citi also upgraded Zoom to Buy on valuation and new product launches. On the automotive front, Citigroup raised its General Motors price target to $98 from $86, suggesting the automaker's electric vehicle reset could drive further gains. The bank's strategists noted a broader market trend, with more investors seeking diversification outside U.S. stocks. Citi's Manthey predicted this shift would drive a further 10% gain for global stock indices in 2026 as investors broaden their equity allocations internationally. Citigroup initiated coverage on several companies including Medline, Publicis, and Wolters Kluwer with Buy ratings, while starting coverage on WPP, Relx, and Informa with Neutral ratings. The bank adjusted numerous price targets across industrials, materials, and technology sectors. The Supreme Court rebuffed a Citigroup appeal in a lawsuit related to Mexican oil company fraud. Citigroup is scheduled to report fourth-quarter earnings this week alongside other major banks, with analysts noting high expectations and tough year-over-year comparisons for the financial sector.Continue readingWalmart Inc. (WMT)Performance Overview1D Change: 3.02%5D Change: 4.75%Walmart Surges to Record High on Nasdaq-100 Addition and Google AI PartnershipWalmart shares climbed to an all-time high of $117.48, rising 3.8% in premarket trading and gaining 2% intraday on January 12, leading the Nasdaq into positive territory. The retail giant's stock surge followed two major announcements: its addition to the Nasdaq-100 Index effective January 20, replacing AstraZeneca, and a strategic partnership with Google's Gemini AI to integrate shopping capabilities into the chatbot platform. The company also announced significant expansion of its drone delivery service with Alphabet's Wing, aiming to reach tens of millions of U.S. shoppers from Los Angeles to Miami. The moves sparked debate about whether Walmart should now be classified as a tech company, with the retailer already using AI to negotiate vendor contracts. The stock's inclusion in the tech-heavy Nasdaq-100 represents a notable shift for the traditional retailer, which also partnered with Shopify and other major players to transform Google's Gemini app into a virtual shopping assistant. Walmart was among the day's most active movers, helping drive the Dow Jones up 125 points.Continue readingAmerican Express Company (AXP)Performance Overview1D Change: -4.27%5D Change: -5.33%American Express Shares Fall on Trump Credit Card Rate Cap Proposal Despite Analyst UpgradesAmerican Express shares declined Monday after President Trump proposed capping credit card interest rates at 10%, triggering widespread concern across the financial sector. The stock fell approximately 4% and was among the heaviest weights on the Dow Jones Industrial Average, alongside Visa. Capital One led sector losses with a 7% drop, while major banks including JPMorgan, Citigroup, and Wells Fargo also retreated between 2-3%. Despite the market selloff, several analysts raised their price targets on American Express. RBC Capital lifted its target to $425 from $390, maintaining an outperform rating and projecting 18% upside. JPMorgan increased its target to $385 from $360, while BTIG raised its target to $328 from $307. However, at least one firm downgraded the stock amid uncertainty over the proposal's implementation. Bank insiders characterized the rate cap plan as having an unclear legislative path but carrying potentially devastating risks if enacted. The proposal sparked heightened options activity across credit card issuers and payment networks.Continue readingGeopolitics EventsGreenland Reinforces NATO Ties as Trump Threats Spark European Defense ConcernsGreenland's government announced increased efforts to ensure its defense remains under NATO auspices, declaring permanent commitment to the Western alliance. The move follows warnings from EU commissioners that any U.S. military takeover would effectively end NATO. Meanwhile, Europe considers an Arctic NATO mission in response to escalating tensions. Separately, European governments report Russia intensified civilian attacks in Ukraine following President Trump's peace initiative.Continue readingMacro EventsTrump Attacks on Fed and Credit Card Rate Cap Proposal Sink US MarketsUS stocks tumbled Monday as President Trump intensified criticism of Federal Reserve Chair Powell while proposing a controversial 10% cap on credit card interest rates effective January 20th. Major banks led the decline, with Citigroup falling 3.6%, JPMorgan Chase down 3.2%, and Bank of America dropping 2.5%. The Dow plummeted over 250 points as the Trump-Powell confrontation rattled investor confidence. Analysts warn the credit card rate cap could harm consumers by restricting access to credit, while Trump's escalating Fed attacks threaten to end the market's rally. The developments revived concerns about political interference in monetary policy and financial regulation.Continue readingTrump Imposes 25% Tariff on All Countries Trading with IranPresident Trump announced immediate 25% tariffs on any nation conducting business with Iran, significantly expanding U.S. economic pressure beyond direct Iranian sanctions to include all trading partners.Continue readingTechnology EventsApple Partners with Google Gemini to Accelerate AI Integration in SiriApple and Alphabet finalized a multiyear agreement bringing Google's Gemini AI technology to power Siri's capabilities and future Apple models. Wedbush analysts view the partnership as validation of Google's AI leadership while enabling Apple to expedite its AI strategy amid development delays.Continue readingNvidia and Eli Lilly Launch $1 Billion AI Drug Discovery PartnershipNvidia will invest $1 billion over five years in a new Bay Area laboratory with Eli Lilly to accelerate pharmaceutical drug development using artificial intelligence. The partnership will deploy Nvidia's BioNeMo AI platform to analyze biological data and compress traditional multi-year drug development timelines.Continue readingCrypto EventsStrategy Acquires 13,627 Bitcoin for $1.25 Billion in Largest Purchase Since JulyStrategy completed its biggest Bitcoin acquisition since July, purchasing 13,627 BTC for $1.25 billion, bringing total holdings above 687,000 Bitcoin. MSTR stock hovers near $150 support level.Continue reading
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