Today: 7 February 2026
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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.

IAG share price set for post-holiday focus as $3.5bn weather bill revives premium-rise talk

IAG share price set for post-holiday focus as $3.5bn weather bill revives premium-rise talk

Insurance Australia Group closed at A$7.33 Friday, down 0.5%, ahead of the ASX reopening after the Australia Day break. The Insurance Council reported A$3.5 billion in insured losses from extreme weather in 2025, with hailstorms causing A$1.4 billion. IAG’s half-year results are due Feb. 12. Investors await updates on claims and pricing momentum.
26 January 2026
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Telstra share price stalls at A$4.72 as Australia Day shuts ASX; focus turns to Feb results

Telstra share price stalls at A$4.72 as Australia Day shuts ASX; focus turns to Feb results

Telstra shares closed unchanged at A$4.72 on January 26, with the ASX shut for Australia Day and trading set to resume Tuesday. The stock has fallen about 2.1% over the past week. Investors await Telstra’s half-year results on February 19 and the company’s ex-dividend date on February 25. Regulatory developments on NBN access rules remain unresolved.
26 January 2026
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Woodside Energy share price: ASX shut for Australia Day, oil holds gains as WDS heads into Q4 update

Woodside Energy share price: ASX shut for Australia Day, oil holds gains as WDS heads into Q4 update

Woodside Energy shares closed down 0.5% at A$24.08 Friday ahead of the Australia Day market holiday. The company will release Q4 earnings Jan. 28, with investors watching production, sales, and capital spending amid volatile oil prices and global market jitters. U.S. trading in Woodside’s secondary listing continues during the ASX closure, but local price updates resume when trading reopens.
26 January 2026
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CSL Limited share price: Australia Day break leaves investors eyeing the next CSL catalyst

CSL Limited share price: Australia Day break leaves investors eyeing the next CSL catalyst

CSL Limited shares closed at A$179.62, up 0.68% Friday, ahead of its half-year results set for Feb. 11. The Australian cash market will be shut Monday for the Australia Day holiday. CSL’s last update in October saw a profit forecast cut after a sharp drop in U.S. flu vaccinations. The upcoming results will include the interim dividend announcement.
26 January 2026
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Ampol share price: what ASX:ALD investors watch after the Australia Day market shut

Ampol share price: what ASX:ALD investors watch after the Australia Day market shut

Ampol shares closed at A$30.30 Friday, down 1%, and will resume trading Tuesday after the Australia Day holiday. The company’s Lytton refinery margin update is set for Wednesday, ahead of full-year results on Feb. 23. The ACCC has escalated its review of Ampol’s planned $1.1 billion EG Australia acquisition, citing competition concerns at 115 sites. Oil prices held steady in Asia after last week’s rally.
26 January 2026
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Fortescue stock: Australia Day pause leaves FMG investors watching China iron ore talks

Fortescue stock: Australia Day pause leaves FMG investors watching China iron ore talks

Fortescue shares closed at A$21.51 Friday and will resume trading Tuesday after the Australia Day holiday. The stock is down 5.7% for the week, pressured by a cost update and ongoing contract tensions between major miners and China’s state buyer. Fortescue reported hematite C1 unit costs up 5% to $19.10 per tonne and held $4.7 billion in cash at December’s end. Half-year results are due Feb. 25.
26 January 2026
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Stock Market Today

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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