Today: 8 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.

Commonwealth Bank of Australia share price: CBA stock set for a rate test after fresh home-loan moves

Commonwealth Bank of Australia share price: CBA stock set for a rate test after fresh home-loan moves

Commonwealth Bank of Australia shares closed up 0.52% at A$154.30 on Friday, as the S&P/ASX 200 gained 0.48%. CBA raised some fixed mortgage rates for new borrowers, with its lowest two-year rate now at 5.79%. The Reserve Bank’s cash rate target remains at 3.60%, with the next decision due Feb. 3. CBA’s December Household Spending Insights showed a 0.7% rise, marking 15 months of growth.
17 January 2026
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Bank holiday today (Jan 17, 2026): Are banks open in India? Tamil Nadu shut for Uzhavar Thirunal

Bank holiday today (Jan 17, 2026): Are banks open in India? Tamil Nadu shut for Uzhavar Thirunal

Bank branches in Tamil Nadu are closed January 17 for Uzhavar Thirunal, following a Friday shutdown in Chennai for Thiruvalluvar Day. Most other Indian branches remain open, as the date falls on the third Saturday. RBI’s calendar lists more state-specific holidays this month and a nationwide closure on January 26 for Republic Day. Digital banking and ATMs continue to operate.
17 January 2026
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Fortescue share price ticks up on wind farm build start as traders look to next week’s output report

Fortescue share price ticks up on wind farm build start as traders look to next week’s output report

Fortescue shares closed up 0.3% at A$22.82 after construction began on a 133MW wind project in Western Australia. The company targets mid- to late-2027 completion, with a fiscal 2026 decarbonisation budget of $900 million to $1.2 billion. Iron ore futures fell on Friday, with Dalian and Singapore contracts both down. Fortescue’s next production report is due Jan. 22.
17 January 2026
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Northern Star Resources share price slips after four-day run as NST investors brace for Jan 22 update

Northern Star Resources share price slips after four-day run as NST investors brace for Jan 22 update

Northern Star Resources shares fell 1.0% to A$26.83 Friday, ending a four-day rally as gold prices slipped from record highs. The miner’s December-quarter output of 348,000 ounces missed analyst forecasts. Investors await a cost update on January 22 after the company cut its full-year sales outlook earlier this month. BMO Capital lowered its price target to A$31.
17 January 2026
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GE Vernova stock jumps 6% as Trump-backed PJM power auction plan targets AI data-center demand

GE Vernova stock jumps 6% as Trump-backed PJM power auction plan targets AI data-center demand

GE Vernova shares surged 6.1% to $681.57 after the White House and PJM state governors proposed a $15 billion emergency auction to boost power supply for AI data centers. Constellation Energy, Vistra, and Talen Energy stocks fell sharply as investors weighed the impact of accelerated generation on prices. PJM and regulators are set to provide updates before GE Vernova’s Jan. 28 earnings.
16 January 2026
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IonQ stock jumps nearly 8% as quantum IPO chatter returns; traders eye next catalyst

IonQ stock jumps nearly 8% as quantum IPO chatter returns; traders eye next catalyst

IonQ shares rose 7.7% to $51.24 by early Friday afternoon, outpacing other tech stocks after reports that Quantinuum may pursue an IPO. The rally followed news that Katie Arrington will become IonQ’s chief information officer Jan. 19, while Leslie Kershaw takes on an expanded security role. IonQ’s next earnings report is expected in late February.
16 January 2026
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Quantum Computing (QUBT) stock jumps on Rosenblatt Buy call as traders eye Luminar deal clock

Quantum Computing (QUBT) stock jumps on Rosenblatt Buy call as traders eye Luminar deal clock

Quantum Computing Inc (QUBT.O) rose 5.6% to $12.86 Friday, with volume reaching 12.5 million shares after announcing a $22 million cash deal to acquire Luminar Technologies’ LiDAR assets. The agreement is subject to higher bids and court approval, with a deadline of March 31, 2026. Shares of other quantum firms, including IonQ and Rigetti, also gained. U.S. markets close Monday for Martin Luther King Jr. Day.
16 January 2026
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Navitas Semiconductor stock jumps with chip sector as AI data-center power trade stays in play

Navitas Semiconductor stock jumps with chip sector as AI data-center power trade stays in play

Navitas Semiconductor shares jumped 8.6% to $10.86 by midday Friday, with volume reaching 17.1 million after TSMC’s earnings and capex plans lifted chip stocks. The stock hit an intraday high of $11.05. Traders watched for signs that data-center power projects could translate into orders. U.S. markets will be closed Monday for a holiday.
16 January 2026
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NuScale Power stock jumps as Washington’s AI power plan puts new reactors back in play

NuScale Power stock jumps as Washington’s AI power plan puts new reactors back in play

NuScale Power shares climbed about 6% to $20.03 by midday Friday, leading U.S. power stocks after White House efforts to shift more grid costs to data center operators. PJM grid states prepared to sign a two-year price cap deal at the White House, sources said. Traders watched for possible PJM auction changes affecting nuclear project economics. Volume in NuScale topped 20 million shares by early afternoon.
16 January 2026
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IREN stock jumps 11% as Microsoft AI cloud deal stays front and center

IREN stock jumps 11% as Microsoft AI cloud deal stays front and center

IREN Limited shares jumped 10.6% to $57.40 by midday Friday after the company disclosed a $9.7 billion GPU infrastructure contract with Microsoft. The deal, outlined in an SEC filing, involves phased deployments at IREN’s Texas data centers through 2031. Analyst Mike Colonnese raised his price target to $80, citing the Microsoft contract’s impact. IREN’s next earnings report is due Feb. 11.
16 January 2026
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Intuitive Machines stock jumps as Morgan Stanley turns bullish on space stocks and LUNR traders weigh Lanteris deal

Intuitive Machines stock jumps as Morgan Stanley turns bullish on space stocks and LUNR traders weigh Lanteris deal

Intuitive Machines shares jumped 11.5% to $21.74 by midday Friday after closing a day earlier at $19.50, following news of its $800 million Lanteris acquisition. Morgan Stanley named the company among top space stocks for 2026. The deal included $450 million in cash and $350 million in stock, with Intuitive Machines taking on Lanteris’ $250 million credit facility. About 9.3 million shares traded by midday.
16 January 2026
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Stock Market Today

CBA share price: Commonwealth Bank stock steadies after ASX selloff as earnings loom

CBA share price: Commonwealth Bank stock steadies after ASX selloff as earnings loom

8 February 2026
Commonwealth Bank of Australia closed Friday down 0.23% at A$158.91, outperforming a 2.03% drop in the S&P/ASX 200. Investors await CBA’s half-year results on Feb. 11 and commentary from CEO Matt Comyn. The Reserve Bank’s recent cash-rate hike to 3.85% and upcoming mortgage repricing are in focus. CBA flagged A$68 million in provisions and A$53 million in non-recurring income items.
Boeing stock jumps 2.6% to $243 — what Wall Street is watching before Monday

Boeing stock jumps 2.6% to $243 — what Wall Street is watching before Monday

8 February 2026
Boeing shares closed up 2.6% at $243.03 Friday, buoyed by reports of possible major aircraft orders from Saudi Arabia and India. India’s trade minister said a $70–80 billion Boeing deal could be signed by March. Supply-chain delays and regulatory scrutiny remain key risks. Boeing’s chief engineer sold over 10,000 shares earlier in the week.
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