Shan Ahmed Khan, Author at TechStock²

Groww Q3 FY26 results: Why the stock jumped even as profit fell 28%

Groww’s Q3 net profit dropped 28% year-on-year to 547 crore rupees, while total income rose 26% to 1,261 crore rupees. Shares gained nearly 4% after results. State Street Global Advisors agreed to invest up to 580 crore rupees in Groww AMC, pending approvals. The company’s cash equity market share rose to 28.8% from 21.6% a year earlier.

14 January 2026

Earnings Reports·NSE:GROWW·Stock Market

Reckitt Benckiser stock dips after RBC downgrade as a big cash-return vote closes in

Reckitt shares fell nearly 0.8% in early London trading after RBC Capital Markets downgraded the stock to “sector perform” and cut its price target to 6,200 pence. The move comes ahead of a shareholder vote on a 235 pence special dividend and share consolidation set for January 27. Reckitt recently completed the sale of its Essential Home business and repurchased 48,340 shares on January 13. Full-year results are due March 5.

14 January 2026

LSE:RB·Stock Market

Qiniu stock jumps after AI user count tops 180,000 as investors chase smaller tech names

Qiniu shares rose nearly 6% to HK$0.71 in Hong Kong Tuesday after the firm reported its MaaS user count surpassed 180,000, with HK$1.4 million in turnover. The company is bundling AI models like DeepSeek and MiniMax on its platform, aiming to shift revenue from storage to inference API calls.

14 January 2026

Artificial Intelligence·HKG:02567·Stock Market·Technology

BP PLC stock slips as $5 billion green-energy write-downs loom and oil trading looks weak

BP expects $4 billion to $5 billion in Q4 impairments tied to its energy transition businesses and warned of weak oil trading and lower prices hitting earnings. Shares fell about 1% in early London trading Wednesday. The company projects net debt of $22 billion to $23 billion and will report results Feb. 10. Investors await details on charges, cash returns, and debt.

14 January 2026

LSE:BP·Stock Market

Compass Group stock steadies after Tuesday slide as dividend deadline and Feb. 5 update loom

Compass Group shares edged up 0.1% to 2,316 pence in early London trading Wednesday, after falling 2.1% the previous day. The dividend record date is Jan. 16, with a 43.3-cent payout set for Feb. 26. The company’s AGM and Q1 update are scheduled for Feb. 5. Traders are watching the impact of slowing inflation on margins and growth.

14 January 2026

Dividends·LSE:CPG·Stock Market

Union Bank Q3 results: Profit hits ₹5,017 crore, shares jump 7% as bad loans fall

Union Bank of India reported a 9% year-on-year rise in net profit to 50.17 billion rupees for the December quarter, as bad-loan ratios fell. Net interest margin dropped to 2.76% from 2.91% a year earlier. Shares surged nearly 7% after the results. Gross advances grew over 7%, while deposits rose about 3%.

14 January 2026

NSE:UNIONBANK·Stock Market

Anglo American plc stock rises after Norges Bank nudges stake above 3% as copper, deal talk stay in focus

Anglo American shares rose 0.7% to 3,242 pence in early London trading after Norges Bank disclosed raising its stake above 3%. The stock fluctuated between 3,234 and 3,264 pence by 0804 GMT. BHP is not preparing a bid as Rio Tinto and Glencore discuss a takeover, sources told Reuters. EU regulators set a Feb. 3 deadline for a simplified review of Anglo’s planned merger with Teck Resources.

14 January 2026

Commodities·LSE:AAL·Mining Industry·Stock Market

JioStar makes a key sports-digital hire as its T20 World Cup 2026 push ramps up

JioStar has named Praveen Kumar, former GroupM executive, as senior vice president and business head for sports digital and LTV strategy. The move comes as JioStar launches a World Cup campaign film featuring India’s women’s champions ahead of the ICC Men’s T20 World Cup, which runs in India and Sri Lanka from Feb. 7 to March 8.

14 January 2026

NSE:RELIANCE

Union Bank of India share price hits 5-year high after Q3 FY26 profit rises 9% and NPAs fall

Union Bank of India shares jumped nearly 8% to a five-year high after Q3 net profit rose 9% to 5,017 crore rupees and gross bad-loan ratio dropped to 3.06%. Net interest income increased 1% to 9,328 crore rupees. The Nifty PSU Bank index gained about 2% in afternoon trade. Bank of Maharashtra reported a 26.5% rise in quarterly profit on Tuesday.

14 January 2026

Earnings Reports·NSE:UNIONBANK·Stock Market

LAMMA 2026 opens with New Holland’s UK debut, JCB’s Fastrac 6000 — and a stark farm safety display

New Holland, Deutz-Fahr, Fendt, and JCB launched new high-horsepower tractors at LAMMA 2026 in Birmingham on Wednesday. NAAC prepared a memorial display for 28 farming accident fatalities since April 2025. Visitors can buy half-price tickets to the Agronomy Exchange conference in London this February. The event runs Jan. 14-15 at the National Exhibition Centre.

14 January 2026

NYSE:AGCO·NYSE:CNHI·Stock Market·XETRA:DEZ

BAE Systems stock: Deutsche Bank downgrade puts shipbuilding margins back in focus

BAE Systems shares rose 0.34% to 2,079 pence in early London trading Wednesday, rebounding after Deutsche Bank downgraded the stock and cut its price target. The bank cited weaker Maritime margins and flagged lower-than-expected free cash flow. Investors await BAE’s Feb. 18 results for updates on 2026 margins and cash flow.

14 January 2026

Defense Industry·LSE:BAES.L·Stock Market

Glencore stock steady as Rio Tinto lines up banks for possible takeover

Rio Tinto has hired JPMorgan, Evercore, and Macquarie to advise on a possible all-share takeover of Glencore, sources told Reuters. Glencore shares held steady at 470.2 pence in early London trading. BHP is not planning a rival bid, according to insiders. Rio has until Feb. 5 to make a formal offer or walk away under UK rules.

14 January 2026

LSE:GLEN·LSE:RIO·Mergers and Acquisitions·Mining Industry·Stock Market

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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

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

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.

Tesla stock price rises to $411 as Musk solar hiring push and China AI plan set up week ahead

7 February 2026

Tesla shares closed up 3.5% at $411.11 on Friday after news of a U.S. solar hiring push and an AI training center in China. The company targets 100 GW of U.S. solar manufacturing by 2028, far above current national output. Investors remain focused on Tesla’s autonomy and energy projects. Upcoming U.S. jobs and inflation data may affect market sentiment next week.

Shan Ahmed Khan

Stock Market Today