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.

CSL Limited (ASX:CSL) shares jump 2.6% as healthcare bounces; three dates investors circle

CSL Limited (ASX:CSL) shares jump 2.6% as healthcare bounces; three dates investors circle

SYDNEY, Jan 8, 2026, 16:50 AEDT — Market closed CSL Limited shares closed up 2.6% at A$174.45 on Thursday, after trading between A$172.03 and A$175.10. The stock is still down about 39% over the past year and has ranged between roughly A$168 and A$289 over that period. Investing.com The gain helped steady Australia’s heavyweight healthcare name as the S&P/ASX 200 ended up 0.3% at 8,720. The Australian dollar was about 0.3% lower at 67.02 U.S. cents in late trade. ABC Part of the lift came from a broader bounce in battered pockets of the market, with healthcare up about 1.2%
8 January 2026
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Fortescue (ASX:FMG) share price slips after iron ore cools — what traders watch next

Fortescue (ASX:FMG) share price slips after iron ore cools — what traders watch next

Sydney, Jan 8, 2026, 16:50 AEDT — After-hours Fortescue Ltd (FMG.AX) shares slipped 0.2% on Thursday to close at A$22.75, paring a small slice off the iron ore miner’s recent strength. MarketScreener The move matters because iron ore is doing most of the heavy lifting for Australian miners right now, and Fortescue is one of the market’s cleanest ways to express that view. When the ore price shifts, the stock usually shifts with it. Iron ore futures — contracts linked to an expected future price — jumped to multi-month highs after China pledged to ease monetary policy, a Reuters report
8 January 2026
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Lynas Rare Earths share price slips after export-curb rally as traders eye Jan. 21 update

Lynas Rare Earths share price slips after export-curb rally as traders eye Jan. 21 update

Sydney, Jan 8, 2026, 16:50 AEDT — Market closed Lynas Rare Earths (LYC.AX) fell 5.4% to A$14.24 on Thursday, giving back part of a sharp rally the day before as investors reassessed how far the latest China-Japan export row can run. The stock swung between A$14.22 and A$15.41 and traded 8.36 million shares, after a 14.5% jump on Wednesday on heavier volume. Investing.com The moves matter because investors are again pricing in the risk of tighter rare earth supply. China this week banned exports of “dual-use” items to Japan — goods and tech that can serve civilian and military ends
8 January 2026
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BHP stock dips as copper tariff talk reshapes metal flows; Jan. 20 update in focus

BHP stock dips as copper tariff talk reshapes metal flows; Jan. 20 update in focus

Sydney, January 8, 2026, 16:51 AEDT — Market closed BHP Group Ltd shares ended down 0.75% at A$47.34 in Sydney on Thursday, easing after a choppy week for miners. BHP’s U.S.-listed ADR was last down 1.45% at $63.86. BHP The pullback matters because BHP sits on the fault line between two trades that have been moving fast: copper, where supply and policy headlines are pushing prices around, and iron ore, where China demand still sets the tempo. With markets closed, the next question is whether the stock can hold recent gains into BHP’s next operational update and fresh China data.
8 January 2026
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Qorvo (QRVO) stock drops 8% as Apple-linked chip names slide ahead of U.S. jobs report

Qorvo (QRVO) stock drops 8% as Apple-linked chip names slide ahead of U.S. jobs report

New York, Jan 7, 2026, 13:45 EST — Regular session Qorvo shares fell about 8% on Wednesday, underperforming a mixed U.S. market as investors trimmed exposure to smaller chipmakers. The stock was down $7.36 at $80.76, after touching a session low of $79.76. The drop mattered because it hit a corner of semiconductors tied to phone demand just as broader indexes leaned on megacap tech again. “The economic news sort of fueled a little bit of profit taking,” Robert Pavlik, senior portfolio manager at Dakota Wealth, said of the day’s trading. Reuters Fresh labor data added to the push-and-pull over
7 January 2026
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AST SpaceMobile stock dives 10% as Scotiabank downgrade hits ASTS valuation

AST SpaceMobile stock dives 10% as Scotiabank downgrade hits ASTS valuation

New York, January 7, 2026, 13:29 EST — Regular session AST SpaceMobile (ASTS) shares fell 10.2% to $87.55 in regular trading on Wednesday after Scotiabank cut its rating. The stock has traded between $95.25 and $86.20 so far, with about 15 million shares changing hands. Finviz Scotiabank analyst Andres Coello downgraded the stock to “Sell” and set a $45.60 price target, Barron’s reported. Coello flagged valuation, with the stock trading at more than 100 times projected 2026 sales and about 20 times estimated 2029 EBITDA, even as the company is not expected to post positive operating profits until 2027, the
7 January 2026
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Fermi Inc stock slides 10% on fresh class-action filing headlines, with Evercore conference next

Fermi Inc stock slides 10% on fresh class-action filing headlines, with Evercore conference next

New York, January 7, 2026, 13:24 (EST) — Regular session Shares of Fermi Inc (FRMI.O) slid on Wednesday, last down $1.01, or about 10.6%, at $8.50. The stock hit an intraday low of $8.37 and had traded about 5.6 million shares. The move came as plaintiffs’ firms pushed fresh notices around a proposed securities class action lawsuit, reopening questions about how Fermi pitched demand and funding for its Project Matador campus in Texas. Glancy Prongay & Murray said the case targets investors who bought stock in or traceable to the October IPO, priced at $21 a share, or bought securities
7 January 2026
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Skyworks Solutions stock tumbles nearly 12% in regular session as SWKS slides on CES week

Skyworks Solutions stock tumbles nearly 12% in regular session as SWKS slides on CES week

New York, Jan 7, 2026, 13:25 ET — Regular session Skyworks Solutions shares were down 11.8% at $58.44 in afternoon trade on Wednesday, after touching an intraday low of $58.17. No immediate catalyst was apparent. The selloff comes as the chipmaker works to convince investors it can lean more on markets beyond smartphones, with CES 2026 in full swing. “As AI accelerates at the edge, Skyworks delivers high-performance technologies that move data, synchronize intelligent systems,” Yusuf Jamal, a senior vice president at the company, said in a CES-related release. Nasdaq That push sits alongside a bigger overhang: Skyworks’ planned cash-and-stock
7 January 2026
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Viasat stock slides as Evergreen signs on for Inmarsat NexusWave, CFO sale hits tape

Viasat stock slides as Evergreen signs on for Inmarsat NexusWave, CFO sale hits tape

New York, January 7, 2026, 13:26 EST — Regular session Viasat shares fell $4.89, or about 11.3%, to $38.57 on Wednesday, a day after the stock closed at $43.46. The shares traded between $38.27 and $43.58. The drop comes as investors weigh whether Viasat’s Inmarsat business can keep landing big mobility customers that buy recurring service, not just hardware. Maritime contracts matter because they can be sticky, with ships typically locked into connectivity providers for years. That is a key question for Viasat heading into its next results, as the company tries to show steady demand across its mobility products
7 January 2026
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Why Wave Life Sciences (WVE) stock is up today after Arrowhead’s obesity data spotlights INHBE

Why Wave Life Sciences (WVE) stock is up today after Arrowhead’s obesity data spotlights INHBE

New York, Jan 7, 2026, 12:57 (EST) — Regular session Wave Life Sciences shares rose 4.4% to $15.82 in midday trade on Wednesday. The stock has stayed in motion as investors circle back to obesity plays tied to a gene target called INHBE. The spark this week came from Arrowhead Pharmaceuticals, which on Tuesday posted interim results from its obesity candidates aimed at INHBE or its receptor, ALK7. Arrowhead said its ARO-INHBE nearly doubled weight loss when paired with Eli Lilly’s tirzepatide, and drove what an outside expert called “dramatic and rapid reductions in visceral fat,” the fat that builds
7 January 2026
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Ambarella stock dives as AMBA reverses after CES CV7 chip and DevZone launch

Ambarella stock dives as AMBA reverses after CES CV7 chip and DevZone launch

NEW YORK, Jan 7, 2026, 13:14 EST — Regular session Ambarella, Inc. shares were down 12.5% at $70.54 in early afternoon trading on Wednesday after swinging sharply lower from a session high of $82.10. The stock has traded in a wide band and was last near the day’s low. The timing is awkward for investors trying to read through the noise around CES launches and a choppy tape for chip names. U.S. markets have been digesting softer labour signals ahead of Friday’s nonfarm payrolls report, a data point that often jolts rate bets and high-growth stocks. Reuters For Ambarella, the
7 January 2026
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Varonis Systems (VRNS) stock jumps 8% as Cantor trims target, SaaS shift back in focus

Varonis Systems (VRNS) stock jumps 8% as Cantor trims target, SaaS shift back in focus

New York, Jan 7, 2026, 12:53 EST — Regular session Varonis Systems (VRNS) shares jumped 8.3% to $36.06 by 12:53 EST on Wednesday, after touching $36.49 earlier in the session. The stock closed at $33.30 on Tuesday. The move lands as the Nasdaq was up about 0.7% and investors showed a steadier appetite for risk across tech. Varonis sells data security software that scans, classifies and monitors access to sensitive data across cloud and on-prem systems. Reuters Cantor Fitzgerald on Wednesday cut its price target on Varonis to $50 from $60 but kept an Overweight rating, tying the new target
7 January 2026
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Stock Market Today

Rio Tinto stock jumps as Glencore mega-merger is shelved; what to watch next week

Rio Tinto stock jumps as Glencore mega-merger is shelved; what to watch next week

7 February 2026
Rio Tinto’s U.S. shares closed up 2.5% at $93.37 Friday after the company ruled out a merger with Glencore, triggering a six-month “no-bid” lockout under UK takeover rules. Both companies cited disagreements over valuation. Attention now turns to Rio’s Feb. 19 results and iron ore prices, which fell below $100 a tonne amid weak Chinese demand.
iFAST share price drops 3% as markets shut; earnings next week in focus

iFAST share price drops 3% as markets shut; earnings next week in focus

7 February 2026
iFAST shares fell 3.2% to S$9.64 in heavy trading Friday, closing near the day’s low as investors awaited FY2025 results due Feb. 12. The stock is about 13% below its 52-week high. iFAST recently agreed to buy a 30% stake in Financial Alliance for S$19.6 million, pending regulatory approval. Assets under administration stood at S$30.62 billion as of Sept. 30.
Sembcorp Industries share price: what to watch after Friday dip as Feb 25 results near

Sembcorp Industries share price: what to watch after Friday dip as Feb 25 results near

7 February 2026
Sembcorp shares closed at S$6.05 on Friday, down 0.33%, as Singapore’s STI dropped 0.8%. Shareholders approved the A$6.5 billion Alinta Energy takeover on Jan 30, but the deal still faces regulatory and closing conditions. Sembcorp will release FY2025 results on Feb 25 before market open. Trading volume reached about 4.3 million shares.
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