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.

XRP price slides nearly 6% as early-2026 rally cools, ETF flows and U.S. crypto bill in focus

XRP price slides nearly 6% as early-2026 rally cools, ETF flows and U.S. crypto bill in focus

New York, Jan 7, 2026, 07:09 (EST) — Premarket XRP, the token used by Ripple, fell 5.9% to $2.25 in early trading on Wednesday, after touching $2.39 and as low as $2.22. Bitcoin slipped about 2% and ether, the token of the Ethereum network, eased 0.8%, pointing to a broader pullback across major cryptocurrencies. The dip comes after XRP rose 25% in the first week of 2026, helped by steady buying in U.S.-listed XRP exchange-traded funds (ETFs), listed products that trade like stocks. Investors have poured $1.3 billion into XRP ETFs since the first launch in November, data cited by
7 January 2026
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Bitcoin price today slides to $92,000 as rally cools before U.S. jobs data

Bitcoin price today slides to $92,000 as rally cools before U.S. jobs data

New York, Jan 7, 2026, 07:09 EST — Premarket Bitcoin (BTC), the world’s largest cryptocurrency, fell 1.8% to $92,065 by 6:50 a.m. ET on Wednesday, down from a previous close of $93,722. It traded between $91,519 and $93,722, and has gained about 5% so far this year after hitting $94,830 on Monday, data from Twelve Data showed. Ether fell about 2.3% to $3,220. Twelve Data The pullback comes a day after Morgan Stanley filed with the U.S. Securities and Exchange Commission to launch exchange-traded funds, or ETFs, tied to the prices of bitcoin and solana. The filing lands as U.S.
7 January 2026
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Gold price slides as dollar firms and traders brace for U.S. jobs data

Gold price slides as dollar firms and traders brace for U.S. jobs data

New York, January 7, 2026, 07:08 EST — Premarket Gold prices fell on Wednesday as the dollar held near a two-week high and traders reassessed the latest U.S.-Venezuela headlines after a sharp rally. Spot gold was down 0.8% at $4,461.51 an ounce by 10:01 GMT, while U.S. gold futures slid 0.5% to $4,471.30; silver fell 2.3% and platinum dropped 6%. Markets awaited the ADP private payrolls report due at 13:15 GMT for clues on the Federal Reserve’s next move. Reuters The pullback follows a surge that pushed bullion within reach of its late-December record, as investors sought safety after U.S.
7 January 2026
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Silver price pulls back under $80 as dollar firms; SLV jumps ahead of U.S. jobs data

Silver price pulls back under $80 as dollar firms; SLV jumps ahead of U.S. jobs data

New York, Jan 7, 2026, 07:09 EST — Premarket Silver prices slid more than 2% on Wednesday as profit-taking and a firmer U.S. dollar cooled a sharp rally that pushed the metal to record highs. Spot silver — the price for immediate delivery — was down 2.3% at $79.40 per ounce by 10:01 GMT, after hitting an all-time high of $83.62 on Dec. 29. “It’s been quite a frenetic and volatile start to kick off the New Year,” said Jamie Dutta, chief market analyst at Nemo.money. Reuters The pullback matters because traders are shifting their focus from geopolitics to U.S.
7 January 2026
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Strategy stock rises premarket after MSCI backs off crypto index purge

Strategy stock rises premarket after MSCI backs off crypto index purge

NEW YORK, Jan 7, 2026, 07:12 EST — Premarket Shares of Strategy rose about 4% in premarket trading on Wednesday after MSCI dropped a proposal that could have pushed the bitcoin-heavy company out of its benchmarks. “We suspect exclusion is postponed until later in the year,” JonesTrading chief market strategist Mike O’Rourke said. Reuters The move matters because Strategy sits in a wide range of index-tracking portfolios. A removal from major indexes can force passive funds to sell, adding pressure to a stock that already trades like a high-volatility proxy for bitcoin. MSCI’s decision also buys time for a fast-growing
7 January 2026
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Dow Jones futures tread water near 50,000 as jobs data looms after record close

Dow Jones futures tread water near 50,000 as jobs data looms after record close

New York, Jan 7, 2026, 06:22 ET — Premarket Dow Jones futures were little changed on Wednesday, with the March e-mini contract up 5 points, or 0.01%, at 49,726 by 5:35 a.m. ET. Futures are contracts that track an index before the cash market opens. Investing.com The Dow Jones Industrial Average closed Tuesday up 0.99% at 49,462.08, a record, keeping the 50,000 milestone in view. Chip-related shares climbed on fresh artificial-intelligence optimism and Moderna surged after Bank of America lifted its price target, as investors positioned for a run of labor data after a 43-day federal government shutdown; the S&P
7 January 2026
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India stock market today: Nifty dips for third day as tariff jitters weigh; jewellers shine

India stock market today: Nifty dips for third day as tariff jitters weigh; jewellers shine

Mumbai, January 7, 2026, 16:26 IST — Market closed Indian stock market benchmarks edged lower on Wednesday, with the Nifty 50 ending at 26,140.75 and the Sensex at 84,961.14, both down about 0.1%. Auto and energy names dragged, offsetting gains in IT stocks. India Today The three-day slide has come as investors weigh fresh trade uncertainty after U.S. President Donald Trump revived tariff threats tied to India’s purchases of Russian oil, clouding hopes of a bilateral trade deal. The mood soured further a day earlier when heavyweight Reliance Industries sank 4.5% after saying it did not expect Russian crude deliveries
7 January 2026
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UK stocks today: FTSE 100 retreats from record highs as BP, Shell slide on Venezuela oil deal

UK stocks today: FTSE 100 retreats from record highs as BP, Shell slide on Venezuela oil deal

London, Jan 7, 2026, 10:57 GMT — Regular session Britain’s FTSE 100 edged lower on Wednesday, with energy and precious-metal miners dragging after a run of record highs, while utilities and real estate stocks drew defensive bids. The blue-chip index was down 0.5% by 1010 GMT; BP fell 2.9% and Shell slid 2.2%, while Topps Tiles rose 1.5% after reporting a 3.7% rise in first-quarter revenue. “Small caps are clearly more attractively valued than large caps in the UK,” Joachim Klement, head of investment strategy at Panmure Liberum, wrote in a note. Reuters The move comes a day after London
7 January 2026
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ASX 200 closes higher after inflation cools; banks drag while Lynas jumps 14%

ASX 200 closes higher after inflation cools; banks drag while Lynas jumps 14%

Sydney, Jan 7, 2026, 21:56 AEDT — Market closed Australian shares ended slightly higher on Wednesday after a softer inflation print, as miners and rare-earth stocks outweighed a slide in banks. The S&P/ASX 200 added 12.8 points, or 0.15%, to 8,695.6, while the All Ordinaries rose 0.23% to 9,018.0. Lynas Rare Earths jumped 14.5%, but Commonwealth Bank, Westpac, ANZ and National Australia Bank fell 1.5% to 2.0%, and the benchmark clawed back only part of Tuesday’s 0.43% decline. Market Index+1 Data from the Australian Bureau of Statistics showed consumer prices rose 3.4% in the year to November, slowing from 3.8%
7 January 2026
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Zealand Pharma stock sinks 6% in Copenhagen — what investors watch before JPM Healthcare

Zealand Pharma stock sinks 6% in Copenhagen — what investors watch before JPM Healthcare

Copenhagen, Jan 7, 2026, 11:47 CET — Regular session Shares in Zealand Pharma (ZELA.CO) slid 6.1% to 405.5 Danish crowns by 11:27 a.m. CET, versus Tuesday’s close of 431.7, while Denmark’s OMXC25 index dipped about 0.4%. Zealand Pharma+1 The move shows how sharply investors are trading the obesity-drug pipeline race, where small shifts in timing and trial expectations can swing valuations. Zealand is trying to carve out a role beyond GLP-1 drugs — the hormone-mimicking injections that dominate weight loss today — and CEO Adam Steensberg has called the fight against obesity a “civilisation-scale health crisis.” Reuters Attention is also
7 January 2026
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Ocean Power Technologies (OPTT) rises in premarket after DHS buoy contract disclosure

Ocean Power Technologies (OPTT) rises in premarket after DHS buoy contract disclosure

New York, January 7, 2026, 05:46 EST — Premarket Ocean Power Technologies shares rose 3.6% in premarket trading on Wednesday after the company disclosed a new multi-buoy contract tied to a U.S. Department of Homeland Security project. The stock had closed up about 25% on Tuesday at $0.4302. Yahoo Finance+1 The move matters for Ocean Power because the small-cap name tends to trade on contract headlines, and investors are looking for signs that its offshore power-and-data platforms can win repeat work with U.S. agencies. A named U.S. federal mission can also sharpen attention on delivery timing and follow-on awards. The
7 January 2026
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Mobileye stock jumps premarket after $900 million Mentee Robotics deal and new automaker win

Mobileye stock jumps premarket after $900 million Mentee Robotics deal and new automaker win

New York, January 7, 2026, 05:43 EST — Premarket Mobileye Global Inc (MBLY.O) shares rose about 5.9% to $12.18 in U.S. premarket trading on Wednesday. The driver-assistance technology maker disclosed it had agreed to buy humanoid robotics startup Mentee Robotics Ltd. for about $900 million. SEC The deal pushes Mobileye deeper into “embodied” or physical AI — systems that can perceive and act in the real world — as companies hunt for the next large market beyond software. Interest in humanoid robots has intensified as manufacturers look for flexible automation in warehouses and factories, and as rivals such as Tesla
7 January 2026
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Stock Market Today

GSK share price set for Monday watch after EU clears Nucala COPD use

GSK share price set for Monday watch after EU clears Nucala COPD use

7 February 2026
GSK shares closed Friday up 0.83% at a 52-week high after the EU approved Nucala for certain uncontrolled COPD patients. Insider filings showed chairman Jonathan Symonds bought 2,500 shares while executive David Redfern sold 100,000. The FTSE 100 rose 0.6%. Broker ratings on GSK remained mixed.
Aye Finance IPO: Rs 454-crore anchor haul follows valuation cut below last round

Aye Finance IPO: Rs 454-crore anchor haul follows valuation cut below last round

7 February 2026
Aye Finance raised Rs 454.5 crore from 19 anchor investors ahead of its Feb 9 IPO, pricing shares at the top of a Rs 122–129 range. The company’s profit fell 40% to Rs 64.3 crore in the six months to September as bad loans rose to 4.85%. The IPO values Aye at about Rs 3,200 crore, below its last private round. Major investors include Nippon Life India and Goldman Sachs funds.
BAT share price closes near 52-week high as buyback rolls on ahead of results week

BAT share price closes near 52-week high as buyback rolls on ahead of results week

7 February 2026
British American Tobacco shares closed up 1.2% at 4,609 pence Friday, near a 52-week high. The company disclosed further share buybacks and management share purchases ahead of its Feb. 12 full-year results. BAT bought 121,668 shares for cancellation on Feb. 5. Investors await updates on nicotine alternatives and cash returns.
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