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.

DroneShield share price jumps on Defence LAND 156 panel news — what to know before Monday

DroneShield share price jumps on Defence LAND 156 panel news — what to know before Monday

DroneShield shares rose 7.8% to A$4.40 Friday after the company was selected for Australia’s Defence Department Project LAND 156 LoE 3 standing offer panel. The panel allows Defence to buy counter-drone services from pre-approved suppliers. DroneShield cautioned the selection does not guarantee contracts. About 23 million shares changed hands during the session.
17 January 2026
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Woodside Energy share price: JERA winter LNG deal and oil swings set up the next ASX session

Woodside Energy share price: JERA winter LNG deal and oil swings set up the next ASX session

Woodside Energy shares fell 1.42% to A$23.68 Friday, trimming earlier weekly gains after a sharp drop in crude prices. The company announced a five-year LNG supply deal with Japan’s JERA, covering three annual cargoes from 2027. Woodside’s Scarborough project is over 91% complete, with first LNG expected in late 2026. Investors await fourth-quarter results on Jan. 28.
17 January 2026
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Wesfarmers share price edges up into weekend — what ASX investors watch next for WES

Wesfarmers share price edges up into weekend — what ASX investors watch next for WES

Wesfarmers closed up 0.27% at A$83.21 Friday, capping a 2.8% weekly gain as the S&P/ASX 200 rose 0.48% to 8,903.9. Investors await Wesfarmers’ half-year results in February and Australia’s labour force data next Thursday. Consumer stocks followed the market higher, with staples up 1.08%. Offshore data and U.S. market closures may affect Monday’s open.
17 January 2026
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Walmart’s CEO handover sparks sweeping exec shake-up — new bosses for U.S., International and Sam’s Club

Walmart’s CEO handover sparks sweeping exec shake-up — new bosses for U.S., International and Sam’s Club

Walmart will install John Furner as CEO on Feb. 1, replacing Doug McMillon. David Guggina will lead Walmart U.S., Chris Nicholas will head Walmart International, and Latriece Watkins will run Sam’s Club. Kathryn McLay, outgoing international chief, will depart after the transition. An SEC filing shows Furner’s pay package includes $1.5 million salary and $27 million in stock awards.
17 January 2026
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ANZ share price ends week firmer — here’s what could move it when ASX reopens

ANZ share price ends week firmer — here’s what could move it when ASX reopens

ANZ shares closed up 0.5% at A$37.52 Friday, ahead of next week’s Australian jobs report. The S&P/ASX 200 gained 0.5% for the week, with financials rebounding after a recent drop. Investors are watching Thursday’s labour force data and the Feb. 2–3 RBA meeting for signals on rates. Commonwealth Bank rose 0.7% in afternoon trade.
17 January 2026
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BHP stock dips into weekend — what to watch before next week’s key production update

BHP stock dips into weekend — what to watch before next week’s key production update

BHP shares fell 0.8% to A$48.99 Friday, ahead of its half-year production update due Jan. 20. The stock remains close to its 52-week high. BHP and Rio Tinto agreed to jointly extract iron ore from Pilbara sites, while BHP also signed a copper-gold exploration deal in Serbia. Iron ore prices dropped to $107.68 a tonne.
17 January 2026
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Commonwealth Bank of Australia share price: CBA stock set for a rate test after fresh home-loan moves

Commonwealth Bank of Australia share price: CBA stock set for a rate test after fresh home-loan moves

Commonwealth Bank of Australia shares closed up 0.52% at A$154.30 on Friday, as the S&P/ASX 200 gained 0.48%. CBA raised some fixed mortgage rates for new borrowers, with its lowest two-year rate now at 5.79%. The Reserve Bank’s cash rate target remains at 3.60%, with the next decision due Feb. 3. CBA’s December Household Spending Insights showed a 0.7% rise, marking 15 months of growth.
17 January 2026
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Bank holiday today (Jan 17, 2026): Are banks open in India? Tamil Nadu shut for Uzhavar Thirunal

Bank holiday today (Jan 17, 2026): Are banks open in India? Tamil Nadu shut for Uzhavar Thirunal

Bank branches in Tamil Nadu are closed January 17 for Uzhavar Thirunal, following a Friday shutdown in Chennai for Thiruvalluvar Day. Most other Indian branches remain open, as the date falls on the third Saturday. RBI’s calendar lists more state-specific holidays this month and a nationwide closure on January 26 for Republic Day. Digital banking and ATMs continue to operate.
17 January 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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