Shan Ahmed Khan

As a journalist focused on finance and the stock market, he delivers fast, reliable, and easy-to-understand coverage of market news.

British American Tobacco stock slips as Capital Group trims stake; buyback filing keeps BAT share price in focus

British American Tobacco stock slips as Capital Group trims stake; buyback filing keeps BAT share price in focus

British American Tobacco shares dipped 0.2% to 4,299p after The Capital Group Companies trimmed its voting stake to 18.87%. BAT bought back 101,395 shares on Jan. 23, planning to cancel them, leaving 2.18 billion shares outstanding. The company maintains a £1.3 billion buyback plan for 2026 amid subdued growth forecasts and regulatory pressures. Earnings are due Feb. 12.
Unilever stock price today: ULVR nudges up as Goldman trims target, results loom

Unilever stock price today: ULVR nudges up as Goldman trims target, results loom

Unilever shares rose 0.2% to 4,869 pence in early London trading Tuesday, despite Goldman Sachs cutting its price target to 5,135 pence while maintaining a Neutral rating. The FTSE 100 gained 0.38%. Investors are positioning ahead of Unilever’s full-year results on February 12, the first since its ice cream spin-off and share consolidation.
Reckitt Benckiser share price dips after Philippines recall scare; RKT eyes dividend vote

Reckitt Benckiser share price dips after Philippines recall scare; RKT eyes dividend vote

Reckitt shares fell 0.3% to 5,938 pence in early London trading after the company denied reports of a product recall in the Philippines, stating the cited infant formula is not sold there. Investors are watching a shareholder vote Tuesday on a 235 pence special dividend and share consolidation. Reckitt repurchased over 51,000 shares on Jan. 26 at an average price of 5,876.10 pence. Full-year results are due March 5.
RBA rate call hangs on CPI: Big banks split as Australia inflation data looms

RBA rate call hangs on CPI: Big banks split as Australia inflation data looms

Commonwealth Bank warned Tuesday that underlying inflation may run hotter than expected, reviving the chance of a Reserve Bank rate hike in February. The Australian Bureau of Statistics will release key inflation data Wednesday, with investors focused on the trimmed mean measure. Markets remain volatile as households brace for possible higher mortgage repayments.
HSBC stock jumps in Hong Kong as Hang Seng delisting nears and profit-target talk builds

HSBC stock jumps in Hong Kong as Hang Seng delisting nears and profit-target talk builds

HSBC shares rose 2.8% in Hong Kong after the bank confirmed its court-approved plan to take Hang Seng Bank private, with Hang Seng’s listing set to end at 4 p.m. local time. Investors are watching for possible upgrades to HSBC’s profitability targets in annual results due Feb. 25. The U.S. Federal Reserve’s rate decision Wednesday is expected to influence global bank shares.
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Stock Market Today

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 07.02.2026

7 February 2026
LIVEMarkets rolling coverageStarted: February 7, 2026, 12:00 AM ESTUpdated: February 7, 2026, 12:27 AM EST Dollar Dips as Stocks Rally and US Data Influences Fed Rate Expectations February 7, 2026, 12:18 AM EST. The **dollar index** fell 0.17%, pressured by a rebound in equity markets reducing demand for the safe-haven currency. Weaker-than-expected U.S. labor market data raised the odds of a Fed rate cut to 18% for March, though consumer sentiment improved to a six-month high, limiting losses. Hawkish comments from Atlanta Fed's Raphael Bostic emphasized maintaining restrictive monetary policy. The dollar faces medium-term weakness amid expectations for rate cuts
Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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