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.

XRP price dips below $1.90 as Fed decision looms and Ripple-DXC deal hits tape

XRP price dips below $1.90 as Fed decision looms and Ripple-DXC deal hits tape

XRP fell 0.5% to $1.89 Monday as traders awaited the Federal Reserve’s rate decision set for Jan. 28. DXC Technology and Ripple announced a partnership to integrate digital-asset custody and payments into DXC’s Hogan banking platform. Bitcoin slipped 0.7% to $87,873, while ether dropped 1.4% to $2,896. Spot gold hit a record $5,110.50 an ounce, driven by safe-haven demand.
AI stocks split before the bell as Nvidia gets a fresh memory-supply signal and Microsoft nears earnings

AI stocks split before the bell as Nvidia gets a fresh memory-supply signal and Microsoft nears earnings

Nvidia rose 1.5% premarket after Reuters reported Samsung will start producing HBM4 memory chips for the company next month. Microsoft gained 3.3%, AMD added 2.3%, while Broadcom and Arm fell. Micron’s HBM supply for 2026 is sold out, with market share expected to stay in the low-20% range. Microsoft reports earnings Jan. 28; UBS cut its price target to $600.
Fed week starts: U.S. stock futures dip as Big Tech earnings loom and gold hits new record

Fed week starts: U.S. stock futures dip as Big Tech earnings loom and gold hits new record

S&P 500 futures slipped 0.1% early Monday as investors awaited the Federal Reserve’s policy decision and major tech earnings. Gold surged above $5,100 an ounce, rattling risk assets and lifting mining stocks. USA Rare Earth soared up to 62% premarket on reports of a planned Trump administration stake. Oil prices rose as winter storms disrupted U.S. production and geopolitical risks persisted.
India stock market today: Nifty, Sensex shut for Republic Day; tariffs, Axis Bank results in focus

India stock market today: Nifty, Sensex shut for Republic Day; tariffs, Axis Bank results in focus

Indian stock exchanges closed Monday for Republic Day after the Nifty 50 fell 0.95% Friday to 25,048.65, its sharpest weekly drop in four months. The Sensex ended at 81,537.70. Adani group shares slid after a U.S. regulator sought court approval in a fraud case. Markets reopen Tuesday ahead of the Feb. 1 Union Budget.
Dow Jones futures slip before the open as Fed week and Big Tech earnings crowd the tape

Dow Jones futures slip before the open as Fed week and Big Tech earnings crowd the tape

Dow futures fell 61 points early Monday, following a 0.58% drop in the index Friday after Intel’s weak forecast. Investors are focused on this week’s Federal Reserve rate decision and major earnings reports. Treasury yields and the dollar slipped as traders weighed risk. Gold surged past $5,000 an ounce, while the yen strengthened on intervention speculation.
UK stock market today: FTSE 100 steadies as gold tops $5,100 and Spire surges

UK stock market today: FTSE 100 steadies as gold tops $5,100 and Spire surges

FTSE 100 rose 0.05% to 10,148.03 by mid-morning Monday, lifted by metal miners as gold hit a record above $5,100 an ounce. Spire Healthcare jumped on takeover interest, while Costain advanced after a pension deal cleared the way for a £20 million share buyback. Sterling touched $1.3665, its highest since September. Banks drew focus ahead of earnings, with some expected to raise profit forecasts.
Barrick Mining stock pops in premarket as gold breaks $5,100, with Fed and earnings looming

Barrick Mining stock pops in premarket as gold breaks $5,100, with Fed and earnings looming

Barrick Mining rose 3.6% to $52.93 in premarket trading Monday as gold hit a record above $5,100 an ounce. Investors await the Federal Reserve’s policy decision Jan. 28 and Barrick’s full-year results on Feb. 5. Barrick is reviewing a possible IPO for its North American gold assets but faces restrictions tied to its Nevada Gold Mines partnership with Newmont.
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Broadcom Stock Gets a Google AI Spend Lift as Jefferies Sees 60% Upside

Broadcom Stock Gets a Google AI Spend Lift as Jefferies Sees 60% Upside

7 February 2026
Google raised its 2026 capital expenditure forecast to $175 billion–$185 billion, with most spending expected on data-center chips. Broadcom shares rose about 2% after the announcement, while Nvidia and AMD slipped. Jefferies reiterated a buy rating on Broadcom, maintaining a $500 price target, implying a 62% upside from Wednesday’s close.
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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