Today: 7 March 2026

Khadija Saeed

A dedicated markets reporter, she covers stocks, macroeconomics, and major business developments with a sharp eye for detail and accuracy.

Nestle stock price: France tightens baby formula toxin limit as investors brace for NESN’s next week

Nestle stock price: France tightens baby formula toxin limit as investors brace for NESN’s next week

France lowered the safety limit for cereulide toxin in infant formula Saturday, prompting more recalls and investigations into two infant deaths. Nestle shares closed at 73.43 Swiss francs Friday, down 0.07%, with trading paused until Monday. Danone recalled Aptamil batches in Germany, while French authorities and Foodwatch pursue legal action. New EU food safety guidance is expected Feb. 2.
31 January 2026
Kweichow Moutai stock: Why the Class A share slipped after a surge — and what to watch next week

Kweichow Moutai stock: Why the Class A share slipped after a surge — and what to watch next week

Kweichow Moutai Class A shares closed at 1,401 yuan in Shanghai on Jan. 30, down 2.55% after an 8.61% surge the previous day. Wholesale prices for Feitian Moutai rose to 1,710 yuan per bottle, with retail quotes in Chengdu hitting 1,860 yuan amid pre–Lunar New Year demand. The company denied involvement in a SpaceX funding round. Moutai flagged 426 million “abnormal” actions on its direct sales app since Jan. 1.
31 January 2026
Why Applied Materials (AMAT) stock price slid Friday — and what to watch next week

Why Applied Materials (AMAT) stock price slid Friday — and what to watch next week

Applied Materials shares fell 5.6% to $322.32 Friday, tracking a broader selloff in chip-equipment stocks as KLA plunged 15.2% and Lam Research dropped 5.9%. The iShares Semiconductor ETF lost 4.1%. Investors are reassessing chip-factory spending amid volatile macro conditions. Wall Street indexes also slipped after Donald Trump named Kevin Warsh to lead the Federal Reserve.
Bitcoin tumbles under $80,000 as Warsh Fed pick shakes altcoin season hopes

Bitcoin tumbles under $80,000 as Warsh Fed pick shakes altcoin season hopes

Bitcoin fell below $80,000 on Saturday, dropping 6.53% to $78,719.63 after Kevin Warsh was named the next Federal Reserve chair. Ether slid 11.76% to $2,387.77. Major exchanges saw $1.53 billion in crypto futures liquidations over 24 hours, according to Binance. Traders cited tighter U.S. liquidity and risk control concerns as key factors behind the selloff.
Novo Nordisk Class B stock price: Wegovy pill scripts hit 26,000 as earnings week approaches

Novo Nordisk Class B stock price: Wegovy pill scripts hit 26,000 as earnings week approaches

Novo Nordisk Class B shares closed down 0.23% at 369.55 Danish kroner Friday, capping a 7.9% slide over five sessions. U.S. prescriptions for oral Wegovy reached 26,109 in the week ending Jan. 23, after 3,071 in the first four days post-launch. The company faces rising competition in China and awaits EU approval for its MASH drug. Quarterly results and 2026 outlook are due Feb. 4.
China Construction Bank Class A stock (601939) in focus: PMI slump and new gold rules set up Monday trade

China Construction Bank Class A stock (601939) in focus: PMI slump and new gold rules set up Monday trade

China Construction Bank will raise the minimum regular contribution for its personal gold accumulation plan to 1,500 yuan starting Feb. 2. The bank’s A-shares closed at 8.72 yuan Friday, down 0.57%, as China’s official manufacturing PMI fell to 49.3 in January. Spot gold plunged 9.5% Friday after Kevin Warsh was named Fed chair nominee. The Shanghai Composite dropped 0.96% to 4,117.95.
Merck stock jumps to $110 as MRK heads into a big earnings week

Merck stock jumps to $110 as MRK heads into a big earnings week

Merck shares rose 1.8% to $110.27 Friday, outperforming a falling S&P 500 and closing about 2% below their 52-week high. Trading volume topped 19 million shares, well above rivals. Investors await Merck’s Feb. 3 earnings call and new inflation data that could affect rate expectations. Markets reacted to President Trump’s Fed pick and mixed inflation signals.
Philip Morris stock price rises into weekend as PM investors brace for Feb. 6 earnings webcast

Philip Morris stock price rises into weekend as PM investors brace for Feb. 6 earnings webcast

Philip Morris International shares closed Friday up 0.87% at $179.44, trading between $175.14 and $180.09 on volume of 8.24 million. The company will report fourth-quarter and full-year earnings on Feb. 6, the same day as the U.S. jobs report and a wave of major corporate results. The S&P 500 fell 0.4% Friday after Donald Trump named Kevin Warsh as his pick for Federal Reserve chair.
IBM stock price: Insider buy, new board pick and shutdown risk set up Monday trade

IBM stock price: Insider buy, new board pick and shutdown risk set up Monday trade

IBM shares closed at $306.70 on Friday, down 0.82% after a volatile session. The company named Ramon L. Laguarta to its board, effective March 1, and director David N. Farr bought 1,000 shares at $304 each. IBM reported Q4 operating earnings of $4.52 per share on $19.7 billion revenue, with software sales up 14%. Traders are watching Washington’s funding talks and upcoming jobs data for market direction.
31 January 2026
Goldman Sachs stock slides into the weekend as rate bets reset — what matters before Monday

Goldman Sachs stock slides into the weekend as rate bets reset — what matters before Monday

Goldman Sachs shares fell 0.5% to $935.41 Friday as traders reacted to Kevin Warsh’s Fed chair nomination and a higher-than-expected 0.5% rise in December wholesale inflation. The S&P 500 closed down 0.43%. Treasury yields rose, and CME futures showed less than a 50% chance of a rate cut before June. Job openings data is due Feb. 3, with the U.S. jobs report set for Feb. 6.
31 January 2026
PetroChina A shares rise on Dalian refinery restart report — what matters before Monday

PetroChina A shares rise on Dalian refinery restart report — what matters before Monday

PetroChina’s Class A shares closed up 1.2% at 11.02 yuan in Shanghai Friday after reports that CNPC plans to restart a 200,000-barrel-per-day unit at its Dalian refinery to process discounted Russian crude. The move awaits regulatory approval. The Shanghai index fell about 1%. Investors are watching OPEC+’s Sunday meeting and fresh China economic data next week.
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