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.

Figure Technology Solutions stock jumps premarket after Mizuho lifts target, OPEN blockchain push

Figure Technology Solutions stock jumps premarket after Mizuho lifts target, OPEN blockchain push

Figure Technology Solutions (FIGR.O) surged 16% to $64.96 in premarket trading Friday after Mizuho raised its price target to $64. The company this week launched its OPEN on-chain public equity network, allowing firms to list equity directly on a blockchain. Figure plans to be the first issuer on OPEN, with Jump Trading as market maker and BitGo as custodian. Earnings are due Feb. 12.
16 January 2026
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Micron Technology stock jumps in premarket after $7.8 million insider buy as memory-chip rally rolls on

Micron Technology stock jumps in premarket after $7.8 million insider buy as memory-chip rally rolls on

Micron shares rose 5.7% to $355.65 in premarket trading after director Teyin Mark Liu disclosed buying 23,200 shares. Other memory-chip stocks, including Western Digital and Seagate, also advanced. Citi raised its price target on Micron to $385 but warned DRAM pricing momentum may slow in the second quarter. Traders await Micron’s next earnings report, expected March 18.
16 January 2026
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Arista Networks stock rises in premarket after ANET sets Feb. 12 earnings date — what traders watch next

Arista Networks stock rises in premarket after ANET sets Feb. 12 earnings date — what traders watch next

Arista Networks shares rose 1.5% to $132.50 in premarket trading Friday after the company announced it will report fourth-quarter results on Feb. 12. The stock rebounded 4.4% Thursday, closing at $130.59. U.S. stock index futures also edged higher ahead of a holiday-shortened week. Markets will close Monday for Martin Luther King Jr. Day.
16 January 2026
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Rezolve AI PLC stock price jumps: what’s driving RZLV — and what traders watch next

Rezolve AI PLC stock price jumps: what’s driving RZLV — and what traders watch next

Rezolve AI shares closed up 14% at $4.63 after the company set a 2026 revenue goal of about $350 million, more than double prior expectations. Management said December marked its first profitable month and reaffirmed a target of $500 million in annual recurring revenue by end-2026. An audit of 2025 results is underway. Analysts raised price targets but warned execution risks remain.
16 January 2026
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Callan JMB stock dips in premarket after 275% surge on Attune deal

Callan JMB stock dips in premarket after 275% surge on Attune deal

Callan JMB Inc shares dropped 24.5% to $3.17 in premarket trading Friday after soaring 275% Thursday on news of a teaming deal with Attune Biotech. The agreement forecasts $25–$45 million in potential revenue for Callan over five years. Trading volume Thursday hit nearly 196 million shares, far above average. Investors await further details on contract timing and commitments.
16 January 2026
Western Power’s WA grid-support buy gets go-ahead as possum and bird guards roll out

Western Power’s WA grid-support buy gets go-ahead as possum and bird guards roll out

Western Australia’s Coordinator of Energy has ordered Western Power to secure Network Support Services for 23 feeders, with contracts to start December 2026 and cover three summer peaks. Capacity needs are projected to rise from 18.9 MW to 44.4 MW by 2028-29. Western Power will use non-network solutions and is also increasing fauna protection devices after wildlife-related outages.
16 January 2026
Consumers Energy’s $5 million bill-relief push hits Michigan as its foundation backs Fresh Start Kits for rehousing

Consumers Energy’s $5 million bill-relief push hits Michigan as its foundation backs Fresh Start Kits for rehousing

Consumers Energy is allocating $5 million to Michigan nonprofits to help residents pay energy bills as winter costs rise. The Consumers Energy Foundation separately awarded $100,000 to EightCAP for “Fresh Start Kits” to support people leaving homelessness in four counties. The utility said the aid will not come from customer bills. EightCAP has distributed 81 kits since November.
16 January 2026
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Reliance Q3 results today: Jio, refining in focus as retail drag looms

Reliance Q3 results today: Jio, refining in focus as retail drag looms

Reliance Industries will report December-quarter results Friday, with analysts expecting net profit of 185.5–187 billion rupees on revenue of 2.54–2.56 trillion. Refining and telecom are seen driving gains, while retail and upstream oil and gas lag. The board meets to approve results for the quarter and nine months ended Dec. 31, 2025. The stock is down 7.1% so far this month.
16 January 2026
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Heating oil price jumps before U.S. open as cold risk tightens diesel market

Heating oil price jumps before U.S. open as cold risk tightens diesel market

NYMEX February heating oil futures rose 1.4% to $2.2392 a gallon Friday as U.S. distillate inventories fell to about 4% below the five-year average. Government and private forecasters expect colder weather in the Northeast later in January. Refineries ran at 95.3% capacity last week. Crude stocks increased by 3.4 million barrels, while gasoline inventories jumped by 9 million.
16 January 2026
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Lithium price whipsaws after China futures hit down-limit; Albemarle, SQM ease before U.S. open

Lithium price whipsaws after China futures hit down-limit; Albemarle, SQM ease before U.S. open

China’s top-traded lithium carbonate futures fell nearly 9% Friday, repeatedly hitting daily down-limits at 146,200 yuan per ton. Leading lithium miners Albemarle, SQM, and Lithium Americas slipped in U.S. premarket trading as policy shifts in Washington and Brazil fueled supply concerns. Brazil’s Labor Ministry ordered waste pile closures at Sigma Lithium’s Grota do Cirilo mine, citing safety risks.
16 January 2026
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Crude oil price today: Brent, WTI rebound after 4% drop as Iran strike fears ease

Crude oil price today: Brent, WTI rebound after 4% drop as Iran strike fears ease

Brent crude rose 50 cents to $64.26 a barrel by 1000 GMT Friday, rebounding after a sharp drop tied to easing fears of U.S. strikes on Iran. U.S. crude inventories climbed by 3.4 million barrels last week, while gasoline stocks jumped 9 million barrels, EIA data showed. Repsol, ENI, and Maurel & Prom are seeking U.S. approval to resume Venezuelan crude exports. OPEC projected 2027 oil demand growth at 1.34 million barrels per day.
16 January 2026
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Brent crude price bounces above $64 as Iran strike fears cool — what traders watch next

Brent crude price bounces above $64 as Iran strike fears cool — what traders watch next

Brent crude rose 50 cents to $64.26 a barrel Friday after a sharp drop Thursday, as traders weighed easing U.S.-Iran tensions against rising U.S. inventories. U.S. crude stocks climbed by 3.4 million barrels last week, gasoline by 9 million. OPEC expects demand growth of 1.34 million bpd in 2027, while the IEA projects a potential surplus in 2026. European oil firms seek U.S. approval to resume Venezuelan crude exports.
16 January 2026
Wall Street futures rise as chip stocks jump; here’s the U.S. economic calendar today

Wall Street futures rise as chip stocks jump; here’s the U.S. economic calendar today

U.S. stock index futures rose early Friday, led by gains in memory-chip makers such as Micron, Western Digital, and Seagate. Dow E-minis were up 47 points, S&P 500 E-minis gained 20, and Nasdaq 100 E-minis jumped 148.25 by 5:52 a.m. ET. J.B. Hunt dropped nearly 5% after weak earnings. Investors await industrial production data at 9:15 a.m. ET and Fed officials’ remarks later today.
16 January 2026
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XRP price slips toward $2 as U.S. crypto bill markup is postponed — what traders watch next

XRP price slips toward $2 as U.S. crypto bill markup is postponed — what traders watch next

XRP fell about 2.6% to $2.06 in early Friday trading, tracking declines in major cryptocurrencies. The U.S. Senate Banking Committee postponed a key markup on crypto market structure legislation, citing ongoing talks. Ripple secured preliminary approval for an EMI license in Luxembourg, expanding its regulatory foothold in Europe. Trading volume for XRP reached $2.5 billion, per CoinMarketCap.
16 January 2026
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Stock Market Today

Applied Digital stock jumps 25% as AI data-center names rebound — what’s next for APLD

Applied Digital stock jumps 25% as AI data-center names rebound — what’s next for APLD

7 February 2026
Applied Digital Corporation shares jumped 25.52% Friday to $34.95, then slipped to $34.60 after hours. The company reported fiscal Q2 revenue up 250% to $126.6 million and signed leases for 600 MW of data center capacity in North Dakota. Applied Digital broke ground on a new 430‑MW campus in the southern U.S. in January. Financing includes a $100 million promissory note with 8% interest, paid in kind.
Eli Lilly stock pops as FDA targets cheap weight-loss copycats — what to know before Monday

Eli Lilly stock pops as FDA targets cheap weight-loss copycats — what to know before Monday

7 February 2026
Eli Lilly shares rose 3.7% to $1,058.18 Friday after the FDA said it would act against telehealth firm Hims & Hers for marketing a $49 compounded weight-loss pill. The move followed a sharp selloff Thursday when Hims announced plans to sell a version of Novo Nordisk’s Wegovy. Investors remain uncertain how aggressively regulators will police copycat drugs and pricing in the obesity drug market.
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