Stock Market Update - January 23, 2026
Today's stock market saw some significant movers. Here's a breakdown of 5 stocks that caught our attention:
1. MOVE - Movano Inc.
Price: $16.74 | Change: +140.17% ($9.77)
MOVE saw an incredible surge, gaining 140.17% in late January 2026. This massive jump was primarily driven by exciting news from Corvex, the artificial intelligence (AI) cloud computing company that is set to merge with Movano.
Corvex announced a significant long-term deal: they secured an agreement to provide a dedicated cluster of powerful NVIDIA H200 GPUs to an AI-driven battery technology provider. These state-of-the-art GPUs will power the customer's core AI development and research initiatives, demonstrating strong demand for Corvex's services.
This pivotal deal is a big win because it immediately validates the strategic merger between Movano and Corvex, which was announced just a few months prior. It shows that Corvex's model of offering high-performance, secure AI infrastructure at a lower cost than traditional public cloud options is already gaining commercial traction, boosting investor confidence in the combined entity's future as a pure-play AI infrastructure platform.
2. BNAI - Brand Engagement Network, Inc.
Price: $16.48 | Change: +90.30% ($7.82)
BNAI:NASDAQ rocketed up an impressive 90.30% around January 24, 2026. This significant jump for Brand Engagement Network came after two key announcements that thrilled investors: a strategic AI licensing partnership in Africa and regaining compliance with Nasdaq's minimum bid price rule.
The core of the excitement was a partnership with Valio Technologies to establish an exclusive AI licensing framework across Africa. This perpetual agreement sees BNAI receiving a preferred equity contribution, holding a 25% ownership in the new South Africa-based entity, and securing a 35% revenue share from associated software and subscriptions. The deal also includes an AI pilot with Nelson Mandela University to enhance student well-being using BNAI's Engagement Language Model (ELM™) technology.
Investors clearly see potential in BNAI's expansion into AI-driven solutions within an emerging market, alongside the boost from regaining compliance with Nasdaq listing requirements.
3. DRCT - Direct Digital Holdings, Inc.
Price: $4.11 | Change: +77.92% ($1.8)
DRCT experienced an impressive 77.92% gain, with a significant stock surge around late January 2026. This notable increase was driven by a combination of strategic business expansion and successful efforts to maintain its Nasdaq listing.
Direct Digital Holdings launched a new "high-compliance practice" through its Orange 142 division. This strategic move, designed to cater to regulated sectors like energy and politics, appears to have bolstered market confidence. Alongside this growth initiative, DRCT also addressed Nasdaq listing requirements by regaining compliance with stockholders' equity and implementing a 55-to-1 reverse stock split to raise its share price above the $1.00 minimum.
What makes DRCT's recent movement interesting is this dual approach: simultaneously expanding into new, high-demand markets while diligently tackling compliance issues. This combination seems to have captured significant investor enthusiasm, fueling its notable stock increase.
4. CNEY - CN ENERGY GROUP INC.
Price: $0.8013 | Change: +64.30% ($0.3136)
CNEY saw an impressive 64.30% jump in its stock price recently, despite receiving a notice from Nasdaq about potentially delisting its shares. The delisting process began because CNEY's stock price had consistently closed below $1.00 for an extended period.
However, CNEY immediately appealed this delisting decision. This appeal is crucial because it automatically prevents its shares from being suspended from trading on Nasdaq while the appeal is being considered. This immediate appeal seems to be the key factor behind the unexpected surge.
What makes this move particularly noteworthy is the rally occurring despite the delisting concerns. This counter-intuitive rise suggests market activity like short sellers closing their positions or speculative trading, focusing on the temporary stay of delisting rather than the core issue itself.
5. THH - TryHard Holdings Limited
Price: $1.15 | Change: +64.29% ($0.45)
THH:NASDAQ recently posted a notable 64.29% gain, driven by a series of strategic financial announcements from TryHard Holdings Limited. The company revealed an equity purchase agreement, a new share repurchase program, and plans for a global entertainment investment fund.
The equity purchase agreement gives TryHard Holdings optional access to up to $25 million in capital for growth and operations. Simultaneously, a board-approved $10 million share repurchase program signals management's confidence in the company's valuation and a commitment to returning capital to shareholders. Adding an international dimension, TryHard Holdings is collaborating to establish a Hong Kong-based investment fund, targeting $10-20 million for global entertainment ventures including IP management and digital media. These moves collectively aim to bolster capital and expand the company's footprint, appearing to be the primary drivers behind the recent investor interest.
This analysis was generated using AI and real-time stock data. Always do your own research before making investment decisions.