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.

Alibaba stock falls after 111% surge as BABA valuation calls clash

Alibaba stock falls after 111% surge as BABA valuation calls clash

Alibaba’s U.S.-listed shares fell 3.24% Friday to $165.40, with 18.6 million shares traded. The stock sits about 14.5% below its 52-week high and has a market cap near $397.2 billion. Analyst price targets vary widely, with estimates ranging from $83.38 to $281.17 per share. Heavy spending on subsidies for quick commerce has pressured earnings despite accelerating cloud revenue growth.
18 January 2026
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Technoprobe stock hits the top of its range — what to watch when Milan reopens

Technoprobe stock hits the top of its range — what to watch when Milan reopens

Technoprobe SpA shares closed up 2.6% at 15.55 euros in Milan Friday, touching a 52-week high of 15.62. The chip-testing firm has surged about 20% since January 2, lifted by a rally and optimism over chip sector investment. Broader European markets eased, with analysts citing caution after a strong start to the year. Technoprobe’s board will review 2025 financials on March 18.
18 January 2026
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Rockchip Electronics stock: China margin curbs and GDP data loom after Friday close

Rockchip Electronics stock: China margin curbs and GDP data loom after Friday close

Rockchip Electronics A-shares closed Friday up 0.42% at 192.50 yuan, with turnover reaching 19.49 billion yuan. China’s securities regulator will raise minimum margin requirements for new loans to 100% starting Jan. 19. Traders are watching for Monday’s national economic data and developments in the AI-chip sector. Mainland markets remain closed Sunday.
18 January 2026
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China Resources Microelectronics (688396) stock jumps 13% near 52-week high as China chip trade heats up

China Resources Microelectronics (688396) stock jumps 13% near 52-week high as China chip trade heats up

China Resources Microelectronics A-shares closed up 13.04% at 68.20 yuan in Shanghai Friday, with 58.24 million shares traded and turnover of 3.79 billion yuan. The surge followed shareholder approval of a 2026 related-party transaction plan and changes to governance rules. A storage-chip index hit a record high, while DRAM and NAND prices are forecast to jump sharply in Q1 2026.
18 January 2026
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Samsung Electro-Mechanics stock price holds near 52-week high as earnings and U.S. chip tariff loom

Samsung Electro-Mechanics stock price holds near 52-week high as earnings and U.S. chip tariff loom

Samsung Electro-Mechanics closed Friday flat at 289,500 won, just below its 52-week high. The Kospi hit a record 4,840.74, up 0.9% for an 11th straight gain. New U.S. tariffs on advanced AI chips have raised industry uncertainty ahead of Samsung’s Q4 earnings report due Jan. 23. Trading volume in Samsung Electro-Mechanics reached 609,718 shares, with 173.95 billion won changing hands.
18 January 2026
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Tower Semiconductor stock jumps nearly 5% as chip names firm — what to watch for TSEM next week

Tower Semiconductor stock jumps nearly 5% as chip names firm — what to watch for TSEM next week

Tower Semiconductor rose 4.7% to close at $129.83 Friday, with after-hours trading lifting shares above $131. Chip stocks outperformed the broader market ahead of the U.S. holiday, driven by signs of strong AI-related demand. Investors await Tuesday’s market reopening and upcoming remarks from Tower executives.
18 January 2026
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Stock Market Today

No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

7 February 2026
The IRS has not announced new federal stimulus payments for February 2026, and Congress has not approved fresh checks. Trump told NBC he is considering $2,000 tariff rebate checks but has not committed, saying any payout would likely come later in 2026. The IRS warns taxpayers to ignore texts and emails about “stimulus payments” and verify notices through official channels.
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