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.

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.
BHP share price slips as iron ore hits two-week low; operational review due Tuesday

BHP share price slips as iron ore hits two-week low; operational review due Tuesday

BHP shares closed down 0.35% at A$48.82 after iron ore futures fell, with China’s latest data showing weaker steel demand and a 17.2% drop in property investment. Iron ore contracts hit two-week lows, and China’s crude steel output for 2025 fell 4.4% to its lowest since 2018. Investors await BHP’s Operational Review on Tuesday.
Fortescue share price slides as iron ore hits two-week low; JPMorgan downgrade turns focus to Thursday report

Fortescue share price slides as iron ore hits two-week low; JPMorgan downgrade turns focus to Thursday report

Fortescue shares fell 1.9% to A$22.39 as iron ore futures hit two-week lows, pressured by China’s property slowdown and rising port inventories. JPMorgan downgraded Fortescue to underweight and cut its target price to A$19.75. BHP slipped 0.35%, while Rio Tinto rose 0.9%. Fortescue’s quarterly production update is due Jan. 22.
Sasol share price tumbles after JPMorgan downgrade — what could move SOL and SSL next week

Sasol share price tumbles after JPMorgan downgrade — what could move SOL and SSL next week

Sasol shares plunged 11.8% in Johannesburg Friday to 101.91 rand after a JPMorgan downgrade and weak oil prices; its U.S. ADRs fell 11.75% to $6.31. Trading volume topped 5.3 million shares on the JSE. The company will release Q2 FY26 results Jan. 22. The rand slipped to 16.4050 per dollar, while Brent crude closed at $64.13 a barrel.
Ermenegildo Zegna stock tumbles 13% after BofA downgrade as traders eye Feb. 2 update

Ermenegildo Zegna stock tumbles 13% after BofA downgrade as traders eye Feb. 2 update

Ermenegildo Zegna N.V. shares fell 13.25% to $9.56 Friday after Bank of America cut its rating and price target, citing growth risks at Thom Browne and Tom Ford Fashion. About 2.21 million shares traded. U.S. markets close Monday for Martin Luther King Jr. Day. Zegna’s next update is preliminary FY 2025 revenues on Feb. 2.
MARA stock jumps 6.6% as bitcoin miners rally on Riot’s AMD data-center lease heading into MLK market holiday

MARA stock jumps 6.6% as bitcoin miners rally on Riot’s AMD data-center lease heading into MLK market holiday

MARA Holdings rose 6.6% Friday to $11.36, tracking bitcoin’s gains and sector momentum. Riot Platforms surged 16% after announcing a $311 million, 10-year data-center deal with AMD. U.S. markets will reopen Tuesday after the Martin Luther King Jr. Day holiday. Traders are watching for earnings updates and shifts in crypto prices.
Voyager Technologies (VOYG) stock jumps 6.7% — what to know before Tuesday’s reopen

Voyager Technologies (VOYG) stock jumps 6.7% — what to know before Tuesday’s reopen

Voyager Technologies shares jumped 6.7% to $35.38 Friday, with over 2 million shares traded before the market closed for Martin Luther King Jr. Day. The company recently secured a patent for microgravity manufacturing and plans ISS tests in spring 2026. After-hours trading showed little change. Markets reopen Jan. 20.
IonQ stock jumps nearly 7% into a long weekend — what to watch for IONQ shares next

IonQ stock jumps nearly 7% into a long weekend — what to watch for IONQ shares next

IonQ shares jumped 6.8% Friday to close at $50.80, erasing losses from the previous session amid heavy trading. U.S. markets will remain shut Monday for Martin Luther King Jr. Day, with the next trading session set for Tuesday. Investors are watching for IonQ’s upcoming earnings report, expected around Feb. 25. Peers Rigetti and D-Wave also posted gains.
NuScale Power stock pops as White House presses PJM on data-center power — what SMR investors watch next

NuScale Power stock pops as White House presses PJM on data-center power — what SMR investors watch next

NuScale Power shares surged 7% to close at $20.19 Friday after Washington ordered emergency power measures for the PJM grid. The White House called for data centers to fund new generation, spotlighting “reliable baseload” supply. Traders are watching Tuesday’s market reopening and a Jan. 20 unit-exchange notice that could affect NuScale’s share supply.
Legence stock jumps 7% to $49.59 — what to watch for LGN after the long weekend

Legence stock jumps 7% to $49.59 — what to watch for LGN after the long weekend

Legence shares jumped 7.1% to $49.59 Friday, nearing their 52-week high, with volume at 1.43 million. The move followed full exercise of an over-allotment option by Blackstone-linked shareholders and comes as the company integrates its $200 million Bowers Group acquisition. U.S. markets close Monday for Martin Luther King Jr. Day, reopening Tuesday. The IPO lock-up expires March 11, 2026.
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Stock Market Today

Meta stock faces an AI split: ad gains vs a $135 billion bill

Meta stock faces an AI split: ad gains vs a $135 billion bill

7 February 2026
Meta shares dropped 1.3% to $661.46 on Friday after the company projected 2026 capital spending of up to $135 billion, raising investor concerns over cash flow. Meta reported Q4 revenue of $59.89 billion, up 24% year-over-year, with ad impressions rising 18%. Analysts remain divided on whether AI-driven ad gains can offset the steep spending ramp.
IAG share price jumps toward a 52-week peak — what to watch before London reopens

IAG share price jumps toward a 52-week peak — what to watch before London reopens

7 February 2026
IAG shares rose 4.33% to 438.50 pence Friday, near their 52-week high, ahead of full-year results due later this month. The company reported 162,073,135 treasury shares and total voting rights of 4,565,128,012. Brent crude fell 2.2% Thursday to $67.93 a barrel. South Europe Ground Services logged 712,340 operations in 2025 and seeks approval to operate in Portugal.
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