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.

Drax shares barely budge after fresh buyback disclosure as investors look to February results

Drax shares barely budge after fresh buyback disclosure as investors look to February results

Drax shares slipped 0.06% to 903.0 pence by 1021 GMT after announcing further share buybacks, with 62,163 shares purchased on Jan. 16 at an average price of 902.83 pence. Total repurchases since July 2025 now stand at 5.21 million shares. The company faces ongoing scrutiny over its biomass supply chain and awaits full-year results on Feb. 26. UK policy changes threaten to halve subsidies for Drax from 2027.
Sage share price slips as tariff jitters hit tech — what to watch before the Q1 update

Sage share price slips as tariff jitters hit tech — what to watch before the Q1 update

Sage Group shares fell 0.9% to 1,044 pence Monday, nearing a 52-week low as European tech stocks slid after U.S. President Trump threatened new tariffs on eight countries including Britain. The FTSE 100 dropped 0.5% and Europe’s tech index lost over 2%. Sage’s Q1 FY26 trading update is due Jan. 27. Market capitalization stands near £9.9 billion.
Why Sensex fell today: Reliance, ICICI and Wipro drag Indian stocks as Trump’s Greenland tariff threat bites

Why Sensex fell today: Reliance, ICICI and Wipro drag Indian stocks as Trump’s Greenland tariff threat bites

The Sensex fell 0.39% and the Nifty 50 slipped 0.42% on Monday, pressured by weak earnings from Reliance, ICICI Bank, and HDFC Bank. Wipro tumbled nearly 10% after a soft revenue forecast. Fresh U.S. tariff threats targeting Greenland and continued foreign investor selling added to the decline.
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Stock Market Today

Apple stock price ends week higher as Dow hits 50,000; jobs and CPI loom next

Apple stock price ends week higher as Dow hits 50,000; jobs and CPI loom next

7 February 2026
Apple closed up 0.8% at $278.12 Friday, then slipped 0.3% after hours. The S&P 500 jumped 1.97% and the Nasdaq rose 2.18% as chipmakers rallied, while Amazon fell 5.6% on higher capex guidance. Investors await U.S. jobs data Feb. 11 and CPI Feb. 13. Apple’s next dividend is $0.26 per share, payable Feb. 12.
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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