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.

BNP Paribas stock price rises after record profit beat and a fresh cost-cut push

BNP Paribas stock price rises after record profit beat and a fresh cost-cut push

BNP Paribas shares rose 1.8% to 92.59 euros in Paris after the bank raised its 2028 profit targets and reported a 28% jump in quarterly net income to 2.97 billion euros. Management announced an extra 600 million euros in recurring savings for 2026. Investors are watching the ECB’s rate signals and BNP’s Feb. 9 appeal in a Sudan-related U.S. legal case.
5 February 2026
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Boston Scientific stock tries to steady after an 18% earnings drop put EP business on edge

Boston Scientific stock tries to steady after an 18% earnings drop put EP business on edge

Boston Scientific shares rose about 1% in Thursday premarket trading after plunging 17.6% Wednesday on weak electrophysiology sales and a softer 2026 outlook. Q4 electrophysiology revenue missed analyst estimates, and U.S. Watchman sales fell short. The stock traded near $76.30 after closing at $75.50. CEO Michael Mahoney said Q4 results beat internal targets but warned of challenges in the first quarter.
5 February 2026
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Barrick Mining stock price slides premarket after IPO plan, record cash flow and dividend boost

Barrick Mining stock price slides premarket after IPO plan, record cash flow and dividend boost

Barrick Mining shares fell 2.9% to $46.00 in premarket trading after reporting $6 billion in quarterly revenue and announcing plans for a North American gold assets IPO in late 2026. The company raised its quarterly dividend to $0.42 per share and introduced a new policy to return 50% of attributable free cash flow. Barrick will retain control after the listing. Investors are awaiting further guidance on the IPO and 2026 outlook.
5 February 2026
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Micron stock slips again in premarket after 9.6% slide as insiders sell and memory crunch hits phones

Micron stock slips again in premarket after 9.6% slide as insiders sell and memory crunch hits phones

Micron Technology shares dropped 2.6% premarket Thursday after a 9.6% plunge Wednesday, closing at $379.40. A global memory shortage is raising component costs and pressuring chipmakers, with Qualcomm and Arm warning of sector-wide impact. Advanced Micro Devices fell 17% in Wednesday’s selloff. Micron EVP Sumit Sadana sold 25,000 shares for nearly $10.7 million on Feb. 2.
5 February 2026
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Cummins stock in focus as it pulls back on electrolyzers and maps 2026 outlook

Cummins stock in focus as it pulls back on electrolyzers and maps 2026 outlook

Cummins will halt new commercial ventures in its electrolyzer division and took a $218 million charge for the segment in Q4. Shares rose about 0.5% in premarket trading after the company projected 2026 revenue growth of 3% to 8%, citing steady demand for data-center backup power. Fourth-quarter revenue rose 1% to $8.5 billion, while net income reached $593 million.
5 February 2026
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Collabera’s Vadodara GCC Hub Shows Tier-2 India Is Now the Main Plan

Collabera’s Vadodara GCC Hub Shows Tier-2 India Is Now the Main Plan

Collabera opened its first Tier-2 global capability center hub in Vadodara, Gujarat, aiming to tap local talent and lower costs. The company expects the facility to create thousands of jobs, mainly for new graduates. Executives cited Vadodara’s industrial base and transport links as key factors. India hosts over 1,700 GCCs employing 1.9 million workers as of 2024.
5 February 2026
Ethereum breaks $2,100 as Fed-liquidity fears ripple through crypto — what traders watch next

Ethereum breaks $2,100 as Fed-liquidity fears ripple through crypto — what traders watch next

Ether dropped below 2,100 USDT Thursday, falling over 8% in 24 hours and erasing about $105 billion in market value over the past week, according to CoinGecko. The selloff tracked broader risk-off sentiment as traders eyed tighter U.S. liquidity and possible Fed policy shifts. Bitcoin also slid, touching $69,858. Chart signals point to further downside risk if ether breaks below $2,000.
5 February 2026
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Bitcoin drops below $70,000 as Warsh Fed pick spooks crypto — and Stifel flags $38,000 risk

Bitcoin drops below $70,000 as Warsh Fed pick spooks crypto — and Stifel flags $38,000 risk

Bitcoin dropped below $70,000 on Thursday, hitting $69,858—its lowest since November 2024 and erasing gains made after Trump’s election win. The cryptocurrency is down nearly 8% this week and 20% for the year. Analysts cited tightening liquidity and forced liquidations. Stifel sees $38,000 as a possible downside target for 2026.
5 February 2026
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Lithium price tumbles in China as futures hit limit — what it means for Albemarle, SQM and the week ahead

Lithium price tumbles in China as futures hit limit — what it means for Albemarle, SQM and the week ahead

China’s battery-grade lithium carbonate index fell 5.4% to 141,706 yuan per ton Thursday, with futures briefly hitting their daily limit down. SQM shares sank 7% in U.S. premarket trading, while Albemarle slipped 1.2%. Tianqi Lithium plans to raise $750 million via share placement and convertible bonds, and aims to sell part of its SQM stake. Zimbabwe reported an 11% rise in 2025 spodumene exports, but revenue was flat.
5 February 2026
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Neste Oyj stock slides as flat 2026 renewables volume outlook jars investors despite profit rebound

Neste Oyj stock slides as flat 2026 renewables volume outlook jars investors despite profit rebound

Neste shares fell 4.65% to 20.51 euros by 14:28 EET after the company forecast flat renewable product volumes for 2026, disappointing investors expecting growth. Q4 comparable EBITDA jumped to 601 million euros from 168 million a year earlier. The company proposed a 0.20 euro per share dividend. Investors await further details on renewables margins during a 3 p.m. Finland call.
5 February 2026
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Heating oil price falls 1.3% before U.S.-Iran talks, even as distillate stocks tighten

Heating oil price falls 1.3% before U.S.-Iran talks, even as distillate stocks tighten

March heating oil futures fell 1.3% to $2.4380 a gallon in early New York trading, tracking a drop in crude prices after the U.S. and Iran agreed to hold talks in Oman on Friday. U.S. distillate inventories dropped by 5.6 million barrels last week, now 2% below the five-year average, according to EIA data. Traders are watching the Oman meeting and next week’s U.S. inventory report for further direction.
5 February 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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