Bank Stocks Decline Broadly; Capital One Drops 6% Following Trump's Rate Cap Proposal
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 12 2026
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Source: CNBC
- Bank Stock Decline: Following President Trump's proposal to cap credit card rates at 10%, Capital One's stock fell by 6%, with Synchrony Financial and Citigroup also declining by 8% and 3% respectively, indicating market concerns over bank profitability.
- Duolingo User Growth: Despite the resignation of CFO Matt Skaruppa, Duolingo reported a 30% year-over-year increase in daily active users for Q4, slightly exceeding FactSet's consensus estimate, demonstrating its ongoing appeal in the language learning market.
- Lithium Stocks Rise: After Scotiabank upgraded lithium miners to outperform, Albemarle and Lithium Argentina saw their stocks rise by approximately 5% and 8%, reflecting optimistic market expectations regarding lithium demand.
- Dexcom Earnings Forecast: Dexcom anticipates Q4 revenue of about $1.26 billion and projects revenue growth to between $5.16 billion and $5.25 billion by 2026, leading to a stock increase of over 5%, showcasing its strong growth potential in the glucose monitoring market.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
