Today: 7 February 2026
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ST Engineering stock price drops 2% to S$9.71 as drone-autonomy tie-up grabs attention
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7 February 2026
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ST Engineering stock price drops 2% to S$9.71 as drone-autonomy tie-up grabs attention

ST Engineering shares fell 1.9% to S$9.71 Friday, outpacing the Singapore market’s 0.8% drop amid a tech-led selloff. The company signed a deal with Shield AI at the Singapore Airshow to integrate autonomy software into its unmanned platforms and unveiled a small drone capable of carrying explosives. About 6.9 million shares traded as investors await full-year results on Feb. 27.
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Singtel share price cools after STT GDC deal surge, with earnings date now in focus
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Singtel share price cools after STT GDC deal surge, with earnings date now in focus

Singtel shares fell 1.3% to S$4.72 at Friday’s close, extending a two-day slide after hitting a record high on news of a S$6.6 billion STT GDC acquisition with KKR. Analysts raised target prices but warned of near-term earnings dilution and execution risks. Trading volumes remained high throughout the pullback.
7 February 2026
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Yangzijiang Shipbuilding stock tumbles 6% as Maersk warning and AI jitters rattle SGX — what to watch next

Yangzijiang Shipbuilding stock tumbles 6% as Maersk warning and AI jitters rattle SGX — what to watch next

Yangzijiang Shipbuilding closed down 6.2% at S$3.16 Friday, with 51.4 million shares traded, after Maersk warned of weaker 2026 earnings and Amazon’s $200 billion spending plan rattled markets. Singapore’s Straits Times Index fell 0.8%. Investors await Singapore’s Budget on Feb 12 and key U.S. jobs and inflation data next week.
7 February 2026
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SGX share price dips at week’s end after record profit; what investors watch next

SGX share price dips at week’s end after record profit; what investors watch next

Singapore Exchange shares closed 0.4% lower at S$17.57 on Friday, despite reporting record half-year results and a higher dividend earlier in the week. Broker targets diverged after the update, with Maybank and DBS raising targets while Citi stayed bearish. Investors are watching for signs of momentum from derivatives and equity-market reforms as the next session opens Monday.
7 February 2026
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Mineral Resources share price slides as ASX selloff puts MinRes half-year results in focus

Mineral Resources share price slides as ASX selloff puts MinRes half-year results in focus

Mineral Resources closed down 4.7% at A$51.81 Friday as the ASX 200 dropped 2%, led by miners and banks. The company’s half-year results are due Feb. 20, with investors watching debt, lithium volumes, and the POSCO deal. Net debt stood at about A$4.9 billion at end-December. UBS raised its price target to A$68 despite the selloff.
7 February 2026
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South32 share price drops 4% in ASX rout — what investors watch before results

South32 share price drops 4% in ASX rout — what investors watch before results

South32 shares fell 4.1% to A$4.41 Friday as Australian miners dropped in the worst ASX session since April 2025. The S&P/ASX 200 lost 2%, erasing almost A$70 billion in value. South32’s half-year results and interim dividend decision are set for Feb. 12. Markets reopen Monday with investors watching for further volatility.
7 February 2026
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Woodside Energy share price slides into the weekend as ASX rout bites; oil talks, results ahead

Woodside Energy share price slides into the weekend as ASX rout bites; oil talks, results ahead

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7 February 2026
Woodside Energy fell 1.6% to A$25.48 as the S&P/ASX 200 dropped 2.0%, its biggest one-day fall in 10 months. Energy, technology, and gold stocks each lost about 3%. Brent crude ended at $68 a barrel, up 0.7% on the day but down 4.3% for the week. Woodside reported record 2025 production and said Scarborough LNG remains on track for late 2026.
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Evolution Mining (EVN) share price: what to watch after a two-day slide and wild gold swings

Evolution Mining (EVN) share price: what to watch after a two-day slide and wild gold swings

Evolution Mining shares closed at A$14.34 Friday, down 1.4%, after a 3.2% drop Thursday. Gold volatility prompted CME Group to raise margin requirements for futures, while spot gold fell over 13.5% from its Jan. 29 high. Evolution reports half-year results Feb. 11, with investors watching for cost and production updates.
7 February 2026
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Woolworths (ASX:WOW) share price slips after ASX rout, eyes turn to February results

Woolworths (ASX:WOW) share price slips after ASX rout, eyes turn to February results

Woolworths closed Friday at A$31.45, down 0.5%, as the ASX 200 dropped 2% to 8,708.80 in a broad market selloff. Trading volumes were driven by global risk sentiment and commodity price weakness. No new price-sensitive announcements were released by Woolworths. Investors now await the company’s half-year results on Feb. 25.
7 February 2026
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Westpac share price slides after ASX rout; investors brace for next week’s WBC update

Westpac share price slides after ASX rout; investors brace for next week’s WBC update

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7 February 2026
Westpac shares fell 1.2% to A$39.43 Friday as the S&P/ASX 200 dropped 2% amid broad selling. The bank is set to roll out Microsoft 365 Copilot to 35,000 staff after a pilot last year. Investors are watching for signs of loan growth and credit quality ahead of Westpac’s first-quarter update on Feb. 13. The Reserve Bank of Australia raised its cash rate to 3.85% this week.
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ANZ share price fell Friday — here’s what to watch before the ASX reopens

ANZ share price fell Friday — here’s what to watch before the ASX reopens

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7 February 2026
ANZ shares closed at A$37.01 on Friday, down 1.52% as the S&P/ASX 200 fell 2% and nearly $70 billion was wiped from the market. The Reserve Bank of Australia raised its cash rate by 0.25 points to 3.85%, prompting ANZ to lift variable home loan rates from Feb. 13. ANZ announced a new Salesforce-based AI CRM rollout and a board change effective Feb. 8. Investors await ANZ’s first-quarter update on Feb. 12.
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Northern Star Resources share price dips into weekend as $50m Central Tanami deal closes

Northern Star Resources share price dips into weekend as $50m Central Tanami deal closes

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7 February 2026
Northern Star Resources fell 1.7% to A$26.77 Friday, extending losses as gold miners and the broader market declined. MGX Resources completed its A$50 million purchase of a 50% stake in the Central Tanami Gold Project from Northern Star. The All Ordinaries Gold index dropped 3.24%. CME Group raised COMEX gold futures margin requirements to 9% amid volatility.
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PLS Group share price slips into weekend as Morgan Stanley and MUFG filings land

PLS Group share price slips into weekend as Morgan Stanley and MUFG filings land

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7 February 2026
PLS Group shares closed at A$4.12 Friday, down 1.2% after a 3.7% drop Thursday. Morgan Stanley and Mitsubishi UFJ Financial Group disclosed increased voting power in the lithium miner, both citing changes dated Feb. 2. The moves came as lithium prices fell and Australian equities posted their sharpest drop in months. PLS reports interim results Feb. 19.
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Commonwealth Bank share price near A$159 as CBA earnings, dividend week looms after ASX rout

Commonwealth Bank share price near A$159 as CBA earnings, dividend week looms after ASX rout

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7 February 2026
Commonwealth Bank of Australia shares closed at A$158.91, down 0.23% Friday, as the S&P/ASX 200 fell 2.03% and nearly A$70 billion was wiped from the market. The bank reports half-year results and an interim dividend on Feb. 11, with shares going ex-dividend Feb. 18. CBA flagged a A$68 million provision linked to ASIC’s Better Banking review. The RBA raised rates to 3.85% on Feb. 3, with CBA passing on the increase from Feb. 13.
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REA share price tumbles after results as listings outlook bites; buyback and dividend dates loom

REA share price tumbles after results as listings outlook bites; buyback and dividend dates loom

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7 February 2026
REA Group shares fell 7.8% to A$168.10 after warning of softer listing volumes for the year ahead. Reported profit dropped 24% to A$336 million, though core profit rose 9%. The company announced a buyback of up to A$200 million starting Feb. 23 and lifted its interim dividend to A$1.24 per share, ex-dividend March 3.
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NAB share price drops as ASX selloff spooks bank stocks — what to watch before Monday

NAB share price drops as ASX selloff spooks bank stocks — what to watch before Monday

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7 February 2026
NAB shares fell 1.57% to A$43.36 as Australian stocks slumped Friday, with the ASX 200 down 2% and all sectors in the red. The bank will raise variable home loan rates by 25 basis points from Feb. 13 after the RBA’s latest hike. Investors await NAB’s first-quarter update on Feb. 18 for signs of stress in margins and credit.
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CSL share price in focus after ASX sell-off: what investors watch before Feb 11 results

CSL share price in focus after ASX sell-off: what investors watch before Feb 11 results

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7 February 2026
CSL Limited shares closed down 0.4% at A$180.50 Friday as the S&P/ASX 200 dropped 2.03% to 8,708.80. CSL will report half-year results and announce its interim dividend on Feb. 11, with the stock set to trade ex-dividend March 10. A filing showed 59,992 CSL conditional rights lapsed this week. The company’s market value stands near A$87 billion, down about a third in the past year.
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WiseTech Global share price slides to A$47.60 as AI fears batter ASX tech — what to watch next

WiseTech Global share price slides to A$47.60 as AI fears batter ASX tech — what to watch next

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7 February 2026
WiseTech Global shares fell 4.6% to A$47.60 Friday, with turnover at 3.61 million shares, amid a broader selloff in software stocks. The S&P/ASX 200 dropped 2.03%, its worst session since November, and WiseTech is down 28.7% for the month. U.S. software stocks have lost about $1 trillion since Jan. 28. WiseTech’s half-year results are due Feb. 25.
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Macquarie Group share price slips 2% after APRA eases liquidity curbs — what to watch next week

Macquarie Group share price slips 2% after APRA eases liquidity curbs — what to watch next week

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7 February 2026
Macquarie Group shares fell 2.17% to A$207.83 Friday, marking a third straight decline as the ASX 200 slid 2%. Australia’s regulator trimmed liquidity requirements for Macquarie Bank after improvements in controls. Macquarie Asset Management announced two UK utility deals, including full ownership of Last Mile Infrastructure and the purchase of Energy Assets Group. Investors await Tuesday’s operational briefing.
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Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 07.02.2026

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7 February 2026
LIVEMarkets rolling coverageStarted: February 7, 2026, 12:00 AM ESTUpdated: February 7, 2026, 2:25 AM EST Investing $10 Daily Can Build a $1 Million Portfolio in Under 35 Years February 7, 2026, 2:06 AM EST. Investing just **$10 per day** in an exchange-traded fund (ETF) that tracks the **S&P 500**, such as the State Street SPDR S&P 500 ETF Trust (SPY), can grow into a **$1 million portfolio** in about 34 years. This investment approach leverages the power of **compounding returns** and diversification across top U.S. companies like Nvidia, Microsoft, and Apple. The S&P 500 has historically delivered an average annual
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Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

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7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
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Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

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7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
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Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

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7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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Intuit stock rises 2% as ChatGPT apps go live; investors eye jobs data and Feb. 26 earnings

Intuit stock rises 2% as ChatGPT apps go live; investors eye jobs data and Feb. 26 earnings

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7 February 2026
Intuit shares rose 2.04% to $443.77 Friday, still 45% below their July peak. The company said TurboTax, QuickBooks, Credit Karma, and Mailchimp are now available inside ChatGPT for U.S. users. Investors await U.S. jobs and inflation data next week and Intuit’s fiscal Q2 results on Feb. 26.
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Procter & Gamble stock price holds near $159 as defensive rotation builds ahead of jobs, CPI

Procter & Gamble stock price holds near $159 as defensive rotation builds ahead of jobs, CPI

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7 February 2026
Procter & Gamble shares closed up 0.4% at $159.17 Friday, extending a seven-day winning streak as consumer staples hit a record high. Investors shifted from tech to defensive stocks ahead of next week’s U.S. jobs and inflation data. The Dow topped 50,000 and the S&P 500 surged. P&G’s next dividend is payable Feb. 17.
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Carvana stock jumps 5% to $403.67 — here’s what CVNA traders are watching next

Carvana stock jumps 5% to $403.67 — here’s what CVNA traders are watching next

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7 February 2026
Carvana shares rose 5.21% Friday to $403.67, rebounding after recent volatility sparked by a short-seller report from Gotham City Research. The company denied allegations of overstated earnings and undisclosed ties to DriveTime. Carvana will report Q4 and full-year 2025 results after markets close on Feb. 18. The January U.S. CPI report is scheduled for Feb. 13.
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Confluent stock hugs IBM’s $31 bid — here’s what investors watch next week

Confluent stock hugs IBM’s $31 bid — here’s what investors watch next week

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7 February 2026
Confluent shares closed at $30.57 Friday, 43 cents below IBM’s $31-per-share cash offer, ahead of key events next week. The company will report earnings Feb. 11 without a call or outlook, and shareholders vote on the merger Feb. 12. Confluent disclosed 17 demand letters and two lawsuits over proxy disclosures but denies wrongdoing. The IBM deal values Confluent at $11 billion.
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BitMine Immersion (BMNR) stock whipsaws with ether — what to watch before Monday

BitMine Immersion (BMNR) stock whipsaws with ether — what to watch before Monday

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7 February 2026
BitMine Immersion Technologies shares rose 16.8% to $20.32 Friday after a 14.3% drop Thursday, tracking sharp swings in ether and bitcoin. Trading volume hit 54 million shares. The company held over 4.2 million ether and 193 bitcoin as of Feb. 1, with nearly 2.9 million ether staked, according to an SEC filing. Crypto price moves over the weekend are expected to drive Monday’s open.
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Verizon stock price snaps 7-day run as consumer chief exit sharpens focus on turnaround

Verizon stock price snaps 7-day run as consumer chief exit sharpens focus on turnaround

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7 February 2026
Verizon shares fell 1.7% to $46.31 Friday, ending a seven-session rally and closing about 2.7% below Thursday’s one-year high. The dip follows news that consumer chief Sowmyanarayan Sampath will step down, with Alfonso Villanueva named interim head. Verizon has climbed 16% since January 29 amid strong subscriber growth and a $25 billion buyback plan.
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