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.

Why L’Oreal stock jumped 6% on a UBS upgrade — and what traders watch next

Why L’Oreal stock jumped 6% on a UBS upgrade — and what traders watch next

Paris, January 10, 2026, 21:37 (CET) — Market closed L’Oreal SA (OR.PA) shares last closed up 6.32% at 385.85 euros on Friday after UBS upgraded the French cosmetics group. The stock rose from 362.90 euros a day earlier and traded between 372.80 and 385.85 euros, leaving it about 5.5% below its 52-week high. (Investing.com) The rally matters now because it lands with investors already looking beyond the first weeks of January and toward L’Oreal’s annual results, where the company will set the tone for 2026. Big broker calls can shift positioning fast in a stock many funds hold for steadier
10 January 2026
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PetroChina A-Shares Rise as Oil Jumps; Traders Brace for Monday Shanghai Reopen

PetroChina A-Shares Rise as Oil Jumps; Traders Brace for Monday Shanghai Reopen

Shanghai, January 11, 2026, 04:22 GMT+8 — Market closed. PetroChina Co Ltd’s yuan-denominated Class A shares in Shanghai (601857.SS) last closed up 0.7% at 9.87 yuan on Friday. The stock traded between 9.73 and 10.04 yuan, with about 207.6 million shares changing hands. (StockAnalysis) Mainland markets are shut for the weekend, but the risk sits there anyway. Oil is moving on politics again, and PetroChina is a clean onshore proxy when traders want exposure without leaving the A-share tape. That matters now because crude has started to swing more sharply, and the gap from Friday’s close to Monday’s open can
10 January 2026
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RTX stock set for Monday test after Trump order puts buybacks, dividends in play

RTX stock set for Monday test after Trump order puts buybacks, dividends in play

New York, January 10, 2026, 15:25 EST — Market closed Defense contractors are scrambling for legal counsel after President Donald Trump signed an executive order linking share buybacks, dividends, and executive pay to weapons delivery timelines—putting RTX (NYSE: RTX) under the spotlight ahead of tomorrow’s session. The order gives the Secretary of War 30 days to identify contractors lagging on schedules and demands board-approved plans to fix delays. Franklin Turner, an attorney at McCarter & English, said the real kicker is the threat of payment freezes and contract cancellations. Big players like RTX, Lockheed Martin, and Northrop Grumman have dished
10 January 2026
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Philip Morris stock rises as UBS flags 2026 growth risks — what PM investors watch next

Philip Morris stock rises as UBS flags 2026 growth risks — what PM investors watch next

New York, January 10, 2026, 14:52 EST — Market closed. Philip Morris International shares climbed for a second day on Friday, closing up 2.39% at $162.61. Volume hit roughly 4.4 million shares, falling short of the stock’s 50-day average. The S&P 500 and Dow also finished higher. (MarketWatch) Why it matters now: PM has shifted into a smoke-free growth play in an industry usually defined by cash flow and regulation. Any sign of weakening demand or pricing power tends to hit the stock quickly. UBS analyst Faham Baig stuck with a Neutral rating and kept his $158 price target on
10 January 2026
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Merck stock: $32 billion Revolution Medicines talks and vaccine-policy shift set up a busy week for MRK

Merck stock: $32 billion Revolution Medicines talks and vaccine-policy shift set up a busy week for MRK

New York, Jan 10, 2026, 14:37 EST — Market closed Merck & Co (MRK) closed Friday 0.4% lower at $110.53 following reports that the pharmaceutical giant is negotiating to acquire cancer drug developer Revolution Medicines in a deal valued between $28 billion and $32 billion. (Reuters) Timing is crucial. As Merck faces patent losses on its blockbuster cancer drug Keytruda later this decade, it’s searching for new growth drivers. A deal of this magnitude would sharply indicate just how aggressive the company intends to get. The week also arrives with investors gearing up for policy turbulence tied to vaccines and
10 January 2026
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Lam Research stock pops on Mizuho target raise as Wall Street eyes Jan. 28 earnings call

Lam Research stock pops on Mizuho target raise as Wall Street eyes Jan. 28 earnings call

NEW YORK, Jan 10, 2026, 14:59 ET — Market closed. Lam Research Corp’s stock jumped 8.7% in the final U.S. session, closing at $218.36. The surge came after Mizuho raised its price target on the chipmaking equipment firm from $200 to $220. The PHLX semiconductor index, a key barometer for chip stocks, climbed 2.7% to reach a new record high. (Reuters) The timing is key as investors return to rate-sensitive growth stocks following a mixed U.S. jobs report that left bets on Fed cuts this year intact. “Payrolls were a little bit light relative to consensus, but still fairly strong
10 January 2026
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Why Kweichow Moutai Co., Ltd. Class A stock (600519) is in focus: iMoutai restock and a fresh target cut

Why Kweichow Moutai Co., Ltd. Class A stock (600519) is in focus: iMoutai restock and a fresh target cut

SHANGHAI, Jan 11, 2026, 03:48 GMT+8 — Market closed Kweichow Moutai Co., Ltd.’s Class A shares (600519.SS) closed Friday 0.48% higher at 1,419.10 yuan, maintaining the baijiu giant’s presence on traders’ radars heading into the weekend. (Investing.com) That’s crucial now, since investors rely on iMoutai — the company’s direct-to-consumer sales app — as a real-time gauge of supply, pricing, and demand ahead of the Spring Festival gifting season. With Moutai, even minor tweaks in bottle allocation can quickly send ripples through the market. China’s stock market capped the week with a solid gain as the Shanghai Composite climbed 0.92% to
10 January 2026
Novo Nordisk Class B stock rises after Amazon adds Wegovy pill — what to watch before earnings

Novo Nordisk Class B stock rises after Amazon adds Wegovy pill — what to watch before earnings

Copenhagen, Jan 10, 2026, 20:43 CET — The market has closed. Novo Nordisk A/S Class B shares (NOVOb.CO) rose 3% on Friday after Amazon Pharmacy announced it had started selling the company’s Wegovy weight-loss pill, expanding availability for U.S. patients just days following the drug’s market debut. The Copenhagen-traded stock closed at 381.45 Danish crowns. (Reuters) The launch of Amazon’s new channel is crucial, as those initial weeks often shape prescription growth and pricing control. Investors have swiftly knocked stocks at the first hint of weakening demand or discounts extending past just starter doses. It also places a busy storefront
10 January 2026
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Novartis AG stock stays near a 52-week high after Florida radioligand plant plan

Novartis AG stock stays near a 52-week high after Florida radioligand plant plan

Zurich, Jan 10, 2026, 20:36 CET — Market closed Novartis AG (NOVN.S) is set to open a radioligand therapy manufacturing plant in Winter Park, Florida, part of its broader $23 billion U.S. production expansion. Shares of the Swiss drugmaker ended Friday up 0.25% at 114.04 Swiss francs, just shy of their 52-week peak of 114.64. CEO Vas Narasimhan described the facility as “an important step,” while Florida’s commerce chief J. Alex Kelly welcomed the move as an opportunity to bring in “world class innovators.” Radioligand therapy, known as RLT, combines a tumour-targeting molecule with a therapeutic radioisotope, directing radiation straight
10 January 2026
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AmEx (AXP) stock in focus after Trump calls for 10% cap on credit-card rates

AmEx (AXP) stock in focus after Trump calls for 10% cap on credit-card rates

New York, Jan 10, 2026, 14:40 EST — Market closed American Express shares enter Monday’s trading under pressure following President Donald Trump’s call to cap credit card interest rates at 10% for one year, starting Jan. 20. (Barron’s) This move hits at the heart of how the industry prices risk on revolving balances, usually expressed as an annual percentage rate, or APR. Brian Jacobsen, chief economic strategist at Annex Wealth Management, explained in an email that when firms can’t accurately price risk, they tend to slash credit lines or cut off credit altogether. He pointed out that credit cards are
10 January 2026
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China Construction Bank Class A stock dips — inflation and Vanke debt talk keep lenders on edge

China Construction Bank Class A stock dips — inflation and Vanke debt talk keep lenders on edge

SHANGHAI, Jan 11, 2026, 03:47 (GMT+8) — Market closed China Construction Bank Corporation’s Class A shares on the Shanghai exchange (601939.SS) fell 0.33% to 9.06 yuan Friday, narrowing the weekly drop to roughly 2%. Trading volume hit around 92.6 million shares, according to market data. (MarketScreener) That modest shift carries weight. Mainland bank shares find themselves caught between opposing pressures: policymakers pushing credit to boost growth, and the hit to earnings from lower interest rates. Banks thrive or falter based on their spread. While rate cuts can boost borrowing, they also narrow the net interest margin — the difference between
10 January 2026
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Hermes stock jumps above €2,200 — analyst trims target, annual results loom

Hermes stock jumps above €2,200 — analyst trims target, annual results loom

Paris, Jan 10, 2026, 20:37 CET — Market closed Hermes International shares gained 3.7%, closing at 2,217 euros on Friday. The rally pushed the stock back above the 2,200-euro threshold during late trading in Paris. (MarketWatch) That’s significant since Hermes occupies the pricey top tier of Europe’s luxury sector. The stock reacts to even minor tweaks in growth expectations, not only major shocks. No new product launch or earnings update arrived this week. Instead, the spotlight was on a broker-led valuation reset and a standard disclosure about the company’s own-share trading practices. Hermes reported on Thursday that its liquidity contract
10 January 2026
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Stock Market Today

Stellantis stock slides 24% after €22 billion EV reset kills 2026 dividend — what to watch next

Stellantis stock slides 24% after €22 billion EV reset kills 2026 dividend — what to watch next

7 February 2026
Stellantis shares plunged 23.7% to $7.28 Friday after the company disclosed about €22.2 billion in charges tied to a reset of its electric-vehicle strategy and said it will skip its 2026 dividend. The automaker flagged a preliminary net loss of €19–21 billion for the second half of 2025. Shares rose 1.6% in late after-hours trading. Investors await Feb. 26 results and a May 21 Investor Day.
Intel stock jumps on China server CPU delays as traders map the week ahead

Intel stock jumps on China server CPU delays as traders map the week ahead

7 February 2026
Intel shares rose 4.87% to $50.59 Friday, trailing gains by Nvidia and Broadcom as chip stocks rallied. Sources said Intel and AMD warned Chinese customers of longer waits and higher prices for some server CPUs, with Intel lead times reaching six months. Intel said China accounts for over 20% of its revenue. Investors await key U.S. jobs and inflation data next week.
IRS tax refund delays? Watchdog flags staffing crunch as 2026 filing season ramps up

IRS tax refund delays? Watchdog flags staffing crunch as 2026 filing season ramps up

7 February 2026
IRS staffing has dropped to 2021 levels as the 2026 tax filing season begins, according to a Treasury watchdog. The agency faces a backlog of about 2 million returns, 129% above pre-pandemic levels. Most e-filers using direct deposit still get refunds within 21 days, but paper filings and amended returns could see delays. The IRS lowered its call-answer target to 70% for this season.
Plug Power stock jumps 12% after vote setback, with Feb 17 share decision in focus

Plug Power stock jumps 12% after vote setback, with Feb 17 share decision in focus

7 February 2026
Plug Power shares rose 11.6% Friday to $2.08 after a sharp drop the previous day, as attention shifted to a Feb. 17 shareholder vote on expanding authorized shares. The company failed to secure enough votes earlier this week and is urging overseas holders to participate. CEO Andy Marsh cited difficulties for European investors in casting ballots. A reverse stock split remains possible if the proposal fails.
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