Today: 7 February 2026
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Khadija Saeed

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

Merck stock climbs on Wolfe upgrade as Cidara deal closes and Gardasil questions linger

Merck stock climbs on Wolfe upgrade as Cidara deal closes and Gardasil questions linger

Merck shares rose 1.5% to $110.20 after Wolfe Research upgraded the stock and set a $135 price target. Merck completed its $221.50-per-share tender offer for Cidara and flagged a $9 billion R&D charge for 2026. Investors watched fallout from a U.S. shift to a single-dose HPV vaccine recommendation ahead of Merck’s Feb. 3 results.
8 January 2026
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Bitcoin price today steadies near $91,000 as Strategy stock climbs on MSCI index reprieve

Bitcoin price today steadies near $91,000 as Strategy stock climbs on MSCI index reprieve

Bitcoin rebounded to $91,152 after dipping below $90,000, while shares of Strategy rose 4.7% as MSCI paused plans to exclude crypto treasury firms from its indexes. Marathon Digital gained 3.8%, Coinbase edged up 0.6%, and Riot Platforms slipped 0.5%. U.S. spot bitcoin ETFs saw $486 million in net outflows Wednesday. Traders awaited Friday’s U.S. jobs report for direction.
8 January 2026
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Exxon Mobil stock (XOM) rises as filing flags Q4 upstream hit from weaker crude; Jan 30 next

Exxon Mobil stock (XOM) rises as filing flags Q4 upstream hit from weaker crude; Jan 30 next

Exxon Mobil shares rose 3.3% to $122.42 by early afternoon Thursday after the company warned that lower crude prices could cut fourth-quarter upstream earnings by $0.8 billion to $1.2 billion from the prior quarter. Exxon said stronger refining margins may add $0.3 billion to $0.7 billion. The company reports results Jan. 30. Traders are watching oil price swings and estimate changes.
8 January 2026
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Silver price stock SLV slides as index rebalance selling kicks in ahead of U.S. jobs report

Silver price stock SLV slides as index rebalance selling kicks in ahead of U.S. jobs report

iShares Silver Trust dropped 3.5% to $68.50 in midday New York trading, tracking a broader selloff in silver assets as spot silver fell 2.5% to $76.19 an ounce. Traders cited commodity index rebalancing and a stronger dollar ahead of Friday’s U.S. payrolls report. Silver miners slipped less, down 0.4% to 1%. Sterling weakened for a third day as the dollar firmed.
8 January 2026
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Dow Jones ETF DIA rises as tech slips and Trump defense headlines jar Wall Street before payrolls

Dow Jones ETF DIA rises as tech slips and Trump defense headlines jar Wall Street before payrolls

The SPDR Dow Jones Industrial Average ETF Trust rose 0.6% to $492.73 Thursday as the Dow climbed 304 points, while the Nasdaq slipped on tech losses. Weekly jobless claims increased to 208,000 and continuing claims reached 1.914 million. Defense stocks rebounded after President Trump proposed a $1.5 trillion military budget for 2027. Investors await Friday’s U.S. nonfarm payrolls report.
8 January 2026
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UnitedHealth Group Incorporated stock rises as House summons insurer CEOs; investors eye two January dates

UnitedHealth Group Incorporated stock rises as House summons insurer CEOs; investors eye two January dates

UnitedHealth shares rose 1.3% to $346.11 after U.S. House lawmakers called major health insurer CEOs to testify on coverage affordability January 22. Senators Wyden and Warren accused UnitedHealth of withholding documents in a nursing-home probe, setting a January 28 deadline. TPG is in advanced talks to buy UnitedHealth’s Optum UK unit for up to £1.4 billion, Sky News reported.
8 January 2026
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AbbVie stock drops after Revolution deal denial, $1.3 billion charge spooks traders

AbbVie stock drops after Revolution deal denial, $1.3 billion charge spooks traders

AbbVie shares fell 3.7% to $224.84 Thursday after the company denied takeover talks with Revolution Medicines and flagged a $1.3 billion fourth-quarter charge tied to R&D and milestone payments. AbbVie trimmed its 2025 profit forecast, setting adjusted earnings at $9.90 to $9.94 per share. Revolution Medicines dropped 5.5%. Wolfe Research downgraded AbbVie, citing limited upside.
8 January 2026
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Nebius (NBIS) stock bounces back near $100 as Nvidia Rubin talk keeps AI cloud names jumpy

Nebius (NBIS) stock bounces back near $100 as Nvidia Rubin talk keeps AI cloud names jumpy

Nebius shares rose nearly 4% to $100.03 in midday Nasdaq trading Thursday after the AI cloud company announced plans to offer early access to Nvidia’s Rubin platform starting in the second half of 2026. The stock rebounded after a previous session drop, while Nvidia slipped 2%. Investors are watching a Jan. 29 product webinar and the company’s next earnings update in mid-February.
8 January 2026
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CoreWeave stock rises as Wells Fargo trims target and insiders signal sales

CoreWeave stock rises as Wells Fargo trims target and insiders signal sales

CoreWeave shares rose 1.6% to $78.43 in midday Nasdaq trading Thursday after Wells Fargo cut its price target to $125 but kept a buy rating. Truist began coverage at Hold, citing growth and spending risks. CEO Michael Intrator filed to sell 61,386 shares worth about $4.7 million. The stock has swung sharply amid concerns over debt, data center delays, and AI infrastructure demand.
8 January 2026
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Coinbase stock rises on BofA upgrade even as bitcoin slips toward $90,000

Coinbase stock rises on BofA upgrade even as bitcoin slips toward $90,000

Coinbase shares rose 1.4% to $249.42 after Bank of America upgraded the stock to “Buy” and set a $340 target. Bitcoin fell 2.3% to about $90,500, pressuring crypto-linked stocks. Director Frederick R. Wilson sold 10,000 Coinbase shares on Jan. 2, according to an SEC filing. Investors are watching Friday’s U.S. jobs report and Coinbase’s next earnings, expected Feb. 19.
8 January 2026
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RTX stock swings after Trump calls for $1.5 trillion military budget, targets buybacks

RTX stock swings after Trump calls for $1.5 trillion military budget, targets buybacks

RTX Corp shares rose 1.3% to $188.09 Thursday after President Trump called for a $1.5 trillion 2027 Pentagon budget and ordered a halt to defense contractor dividends and buybacks until weapons are delivered “on time and on budget.” Trump singled out RTX’s Raytheon unit as “least responsive” and threatened contract cuts. RTX warned investors against a $130 mini-tender offer from Tutanota LLC. Fourth-quarter results are due Jan. 27.
8 January 2026
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IREN stock jumps 6% in Nasdaq trade as bitcoin miners rebound; CES buzz and payrolls ahead

IREN stock jumps 6% in Nasdaq trade as bitcoin miners rebound; CES buzz and payrolls ahead

IREN shares climbed 6.3% to $46.38 in midday trading Thursday, bucking a weaker Nasdaq as bitcoin miners broadly gained with bitcoin steady near $91,000. The stock swung between $42.69 and $47.57, remaining far below its 52-week high. CES headlines and anticipation of Friday’s U.S. jobs data drove activity. Marathon Digital, Cipher Mining, and CleanSpark also advanced.
8 January 2026
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Ford stock jumps nearly 5% as Piper Sandler upgrades, 2028 “eyes-off” tech plan in focus

Ford stock jumps nearly 5% as Piper Sandler upgrades, 2028 “eyes-off” tech plan in focus

Ford shares jumped 4.7% to $14.39 midday Thursday after Piper Sandler upgraded the stock and raised its price target to $16. Ford reported 2025 U.S. sales up 6% and hybrid sales up nearly 22%, while electric-vehicle growth slowed. The company recalled over 45,000 Mustang Mach-E SUVs for a software issue. Investors await Ford’s next earnings report on Feb. 10.
8 January 2026
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Stock Market Today

Oil stocks jump on Iran risk lift for crude — what to watch before Monday

Oil stocks jump on Iran risk lift for crude — what to watch before Monday

7 February 2026
U.S. oil stocks surged Friday as crude prices rose on renewed Middle East tensions. Exxon Mobil gained 2.0%, ConocoPhillips 2.5%, and Occidental Petroleum 2.7%. Refiners rallied after a national union deal eased strike risk, though BP’s Whiting plant faces a local dispute. Brent settled at $68.05 a barrel, up 0.74%.
Silver price rebound masks fresh stress after CME lifts margins again

Silver price rebound masks fresh stress after CME lifts margins again

7 February 2026
Spot silver surged 8.6% to $77.33 an ounce Friday after dropping below $65, but still lost over 8.7% for the week. CME Group raised margin requirements for COMEX silver futures to 18% from 15%, effective after Feb. 6. China’s UBS SDIC Silver Futures Fund hit its 10% down limit for a fifth session. Traders await key U.S. jobs and inflation data next week.
Gold price near $5,000: China keeps buying as CME margin hikes raise the stakes

Gold price near $5,000: China keeps buying as CME margin hikes raise the stakes

7 February 2026
China’s central bank raised gold reserves for a 15th month in January, reaching 74.19 million ounces worth $369.58 billion. Gold prices swung sharply, hitting a record near $5,600 before dropping to $4,403.24. CME Group hiked COMEX gold futures margins to 9% after recent volatility. U.S. jobs and inflation data are due next week after a delay.
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