Khadija Saeed

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

Morgan Stanley Upgrade Lifts MDA Space as 2026 Space-Tech Funding Forecast Rises

Morgan Stanley Upgrade Lifts MDA Space as 2026 Space-Tech Funding Forecast Rises

Private investment in space technology jumped 48% to $12.4 billion in 2025, Seraphim Space said, with further gains expected in 2026. MDA Space shares surged 14.5% after a Morgan Stanley upgrade, while Rocket Lab’s price target was raised to $105. Canadian stocks slipped 0.1% after U.S. tariff threats. MDA recently secured a U.S. Missile Defense Agency contract for its SHIELD program.
AbbVie stock price: ABBV heads into Tuesday with epcoritamab trial in the crosshairs

AbbVie stock price: ABBV heads into Tuesday with epcoritamab trial in the crosshairs

AbbVie shares fell 1.1% to $214.35 after its blood cancer drug epcoritamab failed to show a clear overall-survival benefit in a late-stage trial. U.S. stock and bond markets were closed Monday for Martin Luther King Jr. Day. Investors are awaiting AbbVie’s Feb. 4 earnings for updated 2026 guidance.
Bank of America stock price today: BAC near $53 as MLK Day shuts U.S. markets — tariffs and the Fed ahead

Bank of America stock price today: BAC near $53 as MLK Day shuts U.S. markets — tariffs and the Fed ahead

Bank of America shares closed at $52.60 Friday, rising to $52.97 after hours following an earnings beat and a bullish 2026 outlook. U.S. markets reopen Tuesday after the MLK holiday, with futures down over 1.2% as Trump threatened new tariffs on eight European countries. Gold and silver hit new highs. Key inflation and spending data are due later this week.
ICBC Class A stock price falls: Industrial and Commercial Bank of China 601398 in focus ahead of China loan-rate call

ICBC Class A stock price falls: Industrial and Commercial Bank of China 601398 in focus ahead of China loan-rate call

ICBC’s Shanghai-listed shares fell 1.05% to 7.53 yuan Monday as investors awaited China’s monthly loan prime rate decision. Official data showed Q4 GDP growth slowed to 4.5% year-on-year, with December retail sales up just 0.9%. New home prices dropped 0.4% in December, deepening pressure on banks and credit demand.
Agricultural Bank of China Class A stock drops to a 3‑month low — what matters before Tuesday’s rate fix

Agricultural Bank of China Class A stock drops to a 3‑month low — what matters before Tuesday’s rate fix

Agricultural Bank of China’s Shanghai-listed A shares fell 1.53% to 7.10 yuan Monday, hitting a three-month low ahead of China’s loan prime rate decision. Official data showed China’s economy grew 4.5% in the fourth quarter, slowing from the previous period, with retail sales weak. The Shanghai Composite briefly rose 0.6% after the report. Markets expect the loan prime rate to remain unchanged Tuesday.
Netflix stock price: Warner Bros board rebuffs Paramount bid, putting focus back on NFLX earnings

Netflix stock price: Warner Bros board rebuffs Paramount bid, putting focus back on NFLX earnings

Netflix shares closed at $88.00, down 0.1%, as Warner Bros. Discovery’s board urged shareholders to reject Paramount’s revised offer and backed the Netflix merger. U.S. markets were shut for Martin Luther King Jr. Day. Investors await Netflix’s fourth-quarter earnings and 2026 outlook on Tuesday. Options markets imply an 8.2% post-earnings move for Netflix stock.
Micron stock faces Tuesday test after $1.8 billion Taiwan fab buy

Micron stock faces Tuesday test after $1.8 billion Taiwan fab buy

Micron announced a $1.8 billion cash deal to buy Powerchip’s P5 fab in Taiwan, aiming to start major DRAM production there in late 2027. Micron shares jumped 7.8% to $362.75 on Friday, while Powerchip stock surged nearly 10% in Taipei. U.S. markets are closed Monday for Martin Luther King Jr. Day; trading resumes Tuesday. The deal is expected to close by Q2 2026, pending regulatory approval.

Stock Market Today

GSK share price set for Monday watch after EU clears Nucala COPD use

GSK share price set for Monday watch after EU clears Nucala COPD use

7 February 2026
GSK shares closed Friday up 0.83% at a 52-week high after the EU approved Nucala for certain uncontrolled COPD patients. Insider filings showed chairman Jonathan Symonds bought 2,500 shares while executive David Redfern sold 100,000. The FTSE 100 rose 0.6%. Broker ratings on GSK remained mixed.
Aye Finance IPO: Rs 454-crore anchor haul follows valuation cut below last round

Aye Finance IPO: Rs 454-crore anchor haul follows valuation cut below last round

7 February 2026
Aye Finance raised Rs 454.5 crore from 19 anchor investors ahead of its Feb 9 IPO, pricing shares at the top of a Rs 122–129 range. The company’s profit fell 40% to Rs 64.3 crore in the six months to September as bad loans rose to 4.85%. The IPO values Aye at about Rs 3,200 crore, below its last private round. Major investors include Nippon Life India and Goldman Sachs funds.
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