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.

Macquarie shares slip as ‘Q’ AI launch lands into a risk-off ASX session

Macquarie shares slip as ‘Q’ AI launch lands into a risk-off ASX session

Macquarie Group shares closed down 0.5% at A$210.81 after a volatile session, with 316,000 shares traded. The bank launched “Q,” an AI support agent for its Australian customers. The S&P/ASX 200 fell 0.3% as investors moved to safe-haven assets after new U.S. tariff threats. Markets now price a 25% chance of a rate hike at the Feb. 3 RBA meeting.
WiseTech Global (ASX:WTC) share price drops 4% as tariff fears rattle tech — what matters next

WiseTech Global (ASX:WTC) share price drops 4% as tariff fears rattle tech — what matters next

WiseTech Global closed down 4.4% at A$64.07 in Sydney, losing A$2.95 on volume just under 1.02 million shares. The drop followed new U.S. tariff threats on Europe and a broader selloff in growth stocks. WiseTech announced A$8.7 million in funding for KIK Innovation but remains volatile ahead of its Feb. 25 interim report. The ASX cash market will close Jan. 26 for Australia Day.
Mineral Resources share price closes at A$60 as China data hits; ASX:MIN update in focus

Mineral Resources share price closes at A$60 as China data hits; ASX:MIN update in focus

Shares of Mineral Resources closed up 0.37% at A$60.00 Monday, holding steady despite volatile markets and weak Chinese economic data. China reported a 4.5% GDP rise for Q4, but retail sales and fixed-asset investment disappointed, while steel output hit a seven-year low. Investors await MinRes’ quarterly update next week.
Northern Star share price jumps as gold hits a record high — here’s what matters before Tuesday

Northern Star share price jumps as gold hits a record high — here’s what matters before Tuesday

Northern Star Resources rose 3.2% to A$27.68 as gold hit a record $4,689.39 an ounce, boosted by geopolitical tensions and new tariff threats. The stock neared its 52-week high ahead of its December-quarter update, with investors watching costs and production after the company cut its 2026 output forecast. The S&P/ASX 200 fell 0.33%, weighed by tech and consumer stocks, while gold miners outperformed.
DroneShield share price jumps 3.4%: what LAND 156 means and what investors watch next

DroneShield share price jumps 3.4%: what LAND 156 means and what investors watch next

DroneShield shares rose 3.4% to A$4.55 after being named to the Australian Defence Department’s Project LAND 156 standing offer panel, though no contracts are guaranteed. The stock’s market cap stood near A$4.17 billion. Investors are watching for tender updates and the company’s Feb. 24 report. The broader ASX 200 slipped 0.33% on Monday.
Lynas Rare Earths share price jumps 5% on ASX as traders eye Wednesday’s quarterly update

Lynas Rare Earths share price jumps 5% on ASX as traders eye Wednesday’s quarterly update

Lynas Rare Earths rose 5.4% to A$16.32 at Monday’s close, bucking a weaker Australian market. The company will report quarterly results on Wednesday, with CEO Amanda Lacaze set to brief analysts at noon. Investors remain focused on leadership succession after Lacaze’s retirement announcement last week. Lynas is valued at about A$16.4 billion.
Xero share price slides after Trump tariff threat hits tech — ASX:XRO sinks to 12‑month low

Xero share price slides after Trump tariff threat hits tech — ASX:XRO sinks to 12‑month low

Xero Ltd fell 2.6% to A$100.89 in Sydney, touching a 12-month low of A$98.23 during Monday’s session. The S&P/ASX 200 closed down 0.33%, pressured by losses in tech stocks after renewed U.S.-Europe tariff threats. Around 1.25 million Xero shares tied to its Melio acquisition became freely tradable last week. Traders are watching if Xero can hold above A$100 ahead of Tuesday’s open.
CSL share price rises after RBC upgrade, with Feb results now the next test

CSL share price rises after RBC upgrade, with Feb results now the next test

CSL shares closed up 0.55% at A$176.50 Monday after RBC Capital Markets upgraded the stock, defying a weaker S&P/ASX 200. RBC warned of a tough earnings season for healthcare, with most results likely to miss expectations. Investors now await Australia’s jobs data on Jan. 22 and CSL’s half-year results due Feb. 11. No new company filings were posted Monday.
South32 share price hits a 52-week high as silver jumps — what investors watch next

South32 share price hits a 52-week high as silver jumps — what investors watch next

South32 shares rose 1.4% to A$4.22, hitting a 52-week high, while the ASX 200 slipped 0.33% amid declines in tech and consumer stocks. Trading volume for South32 reached 20 million shares. Investors now await South32’s December-quarter report due Jan. 22. Precious metals surged, with spot silver hitting a record $94.08 an ounce.
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Stock Market Today

Nvidia stock jumps nearly 8% as Big Tech AI spending bets lift chipmakers and Dow tops 50,000

Nvidia stock jumps nearly 8% as Big Tech AI spending bets lift chipmakers and Dow tops 50,000

7 February 2026
Nvidia surged 7.8% Friday, leading a chip stock rally that pushed the Dow above 50,000 for the first time. The PHLX semiconductor index gained 5.7% as Advanced Micro Devices rose 8.3% and Broadcom 7.1%. Amazon fell 5.6% after projecting $200 billion in 2026 capital spending. Investors weighed a $600 billion AI infrastructure outlay against sharp losses in software shares.
Glencore share price steadies after Rio Tinto walks away — what to watch next week

Glencore share price steadies after Rio Tinto walks away — what to watch next week

7 February 2026
Glencore shares closed up 0.6% at 478.1 pence Friday, rebounding after a 7% drop following the collapse of merger talks with Rio Tinto. The company is expected to announce the sale of its Kazzinc stake soon and has signed a non-binding agreement with Orion for a potential $9 billion deal in the DRC. Investors await Glencore’s full-year results on Feb. 18 for further guidance.
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