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.

Sensex slips from record high as IT selloff and Trump tariff talk drag Nifty

Sensex slips from record high as IT selloff and Trump tariff talk drag Nifty

Markets – New Delhi, January 5, 2026, 05:25 ET Indian shares ended lower on Monday after paring early gains that pushed the Nifty 50 to a record high, as IT stocks slid and worries over possible additional U.S. tariffs dented sentiment. The Nifty fell 0.30% to 26,250.3 and the Sensex dropped 0.38% to 85,439.62. (source) The retreat mattered because benchmarks had climbed for three straight sessions and kept printing new peaks, leaving little room for policy surprises. Investors are also positioning ahead of quarterly results next week, with IT earnings seen as an early read on export demand. Trade risk
5 January 2026
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Devon Energy stock edges up in premarket as oil slips on Venezuela shock; CEO panel next

Devon Energy stock edges up in premarket as oil slips on Venezuela shock; CEO panel next

NEW YORK, Jan 5, 2026, 05:25 ET — Premarket Devon Energy shares were up 0.9% at $38.22 in premarket trading on Monday, according to Public market data. Public Oil was the immediate backdrop. Brent crude futures, the global benchmark, were down 0.8% at $60.26 a barrel and U.S. West Texas Intermediate (WTI) was off 0.9% at $56.79 after the U.S. captured Venezuelan President Nicolas Maduro over the weekend, Reuters reported. “Any meaningful recovery in Venezuelan output is likely to take considerable time,” UBS strategist Giovanni Staunovo said. Reuters That matters for Devon because U.S. shale producers remain highly sensitive to
5 January 2026
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BP stock slips in premarket as oil dips on Venezuela turmoil — what investors watch next

BP stock slips in premarket as oil dips on Venezuela turmoil — what investors watch next

NEW YORK, Jan 5, 2026, 05:27 ET — Premarket BP’s New York-listed shares were down 1.5% at $35.26 in premarket trading, the electronic session before the 9:30 a.m. ET open. The stock has traded between $25.22 and $37.64 over the past 52 weeks. MarketBeat The move matters because BP’s earnings power is still tightly linked to oil and gas prices, even as it invests in lower-carbon businesses. When crude swings, investors quickly reprice expectations for dividends and share buybacks. Monday’s early trade also sets a tone for the energy complex at the start of the first full U.S. trading week
5 January 2026
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ASML stock rises after Bernstein upgrade; DRAM upcycle thesis back in play ahead of earnings

ASML stock rises after Bernstein upgrade; DRAM upcycle thesis back in play ahead of earnings

NEW YORK, Jan 5, 2026, 05:22 ET — Premarket ASML Holding N.V. shares rose 3.2% in early Amsterdam trading on Monday after Bernstein upgraded the chip equipment maker to “outperform” from “market perform” and raised its price target to 1,300 euros from 800. The move put fresh attention on memory-chip spending plans at the start of 2026. Reuters ASML sits at the choke point of lithography — the process that uses light to print circuit patterns onto silicon wafers — and its order pipeline is often treated as an early read on chipmakers’ capital spending. The Bernstein call lands weeks
5 January 2026
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Shell plc stock slips in premarket as oil prices ease after Venezuela upheaval

Shell plc stock slips in premarket as oil prices ease after Venezuela upheaval

NEW YORK, January 5, 2026, 05:28 ET — Premarket Shell plc’s U.S.-listed shares (SHEL) fell 1.6% to $74.20 in premarket trading on Monday, after rising 2.7% on Friday to $75.44. The ADR has traded between $58.55 and $77.47 over the past 52 weeks, with early trading hovering near the lower end of Friday’s $73.91-$75.56 range. Investing The move puts the oil major back in focus as crude prices eased in early trading after Washington’s seizure of Venezuelan President Nicolas Maduro over the weekend. Brent fell 0.8% to $60.26 a barrel and U.S. West Texas Intermediate slipped 0.9% to $56.79, Reuters
5 January 2026
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Strive Asset Management (ASST) stock jumps premarket as Bitcoin firms and Semler vote looms

Strive Asset Management (ASST) stock jumps premarket as Bitcoin firms and Semler vote looms

NEW YORK, January 5, 2026, 05:15 ET — Premarket Shares of Strive Inc (ASST.OQ) — whose main operating subsidiary is Strive Asset Management, LLC — were up about 10% in early premarket trading on Monday, after ending Friday at $0.8646. The stock gained 17% in the prior regular session. StockAnalysis The timing matters because Strive describes itself as a Bitcoin treasury company — a firm that holds bitcoin on its balance sheet — and says it is focused on increasing “bitcoin per share,” or the amount of bitcoin backing each share. Its subsidiary, Strive Asset Management, LLC, is an SEC-registered
5 January 2026
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India bank stocks jump up to 8% as CSB Bank hits record high on Q3 update

India bank stocks jump up to 8% as CSB Bank hits record high on Q3 update

MUMBAI, Jan 5, 2026, 05:00 ET CSB Bank shares rose as much as 7.8% to an all-time high of 519.95 rupees on Monday after the Kerala-based lender reported strong loan and deposit growth in a provisional update for the quarter ended Dec. 31. Deposits rose 21% year-on-year to 40,460 crore rupees and gross advances climbed 29% to 37,208 crore, while gold and jewellery loans jumped 46% to 19,023 crore, the bank said. Businesstoday The early numbers matter because Indian lenders are heading into the busiest stretch of quarterly reporting with signs that credit demand is recovering from a mid-2025 slowdown.
5 January 2026
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Valero Energy stock (VLO) jumps 5% in premarket as Trump’s Venezuela move shakes oil names

Valero Energy stock (VLO) jumps 5% in premarket as Trump’s Venezuela move shakes oil names

NEW YORK, Jan 5, 2026, 04:54 ET — Premarket Valero Energy shares jumped 5.3% to $174.07 in premarket trading on Monday, after ending Friday at $165.31. The refiner remains about 6% below its 52-week high of $185.62, according to Investing.com data. Investing The move put refiners in focus after U.S. President Donald Trump said Washington would take control of Venezuela following the capture of President Nicolas Maduro, and would keep an embargo on Venezuelan oil exports. Venezuelan heavy crude is a staple for U.S. Gulf Coast refineries, and the embargo has already upended those flows, Reuters reported. Reuters Oil prices
5 January 2026
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ConocoPhillips stock jumps in premarket as Venezuela claim recovery comes back into focus

ConocoPhillips stock jumps in premarket as Venezuela claim recovery comes back into focus

NEW YORK, Jan 5, 2026, 04:55 ET — Premarket ConocoPhillips shares were up 6.5% at $102.99 in premarket trading, according to Public.com data. Premarket trading takes place before the regular U.S. session opens at 9:30 a.m. ET, when liquidity is typically thinner and bid-ask spreads can widen. Public The move follows weekend developments in Venezuela that have put U.S. oil companies’ long-running expropriation claims back on the radar. U.S. officials have told oil executives that a return to Venezuela would likely require significant upfront investment before firms can expect to recover money tied to past nationalizations, two people familiar with
5 January 2026
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Occidental Petroleum stock rises premarket: OXY climbs after $9.7B OxyChem sale — what investors watch next

Occidental Petroleum stock rises premarket: OXY climbs after $9.7B OxyChem sale — what investors watch next

NEW YORK, Jan 5, 2026, 04:57 ET — Premarket Occidental Petroleum Corp shares rose 1.7% in U.S. premarket trading on Monday, as investors continued to digest the company’s $9.7 billion sale of its chemicals business and looked for clues on how the cash will be deployed. Public The deal matters now because it sharpens Occidental’s focus on its oil-and-gas operations at a time when crude prices are struggling to find direction. The sale also gives management room to address leverage and shareholder returns — two themes that have dominated the stock’s debate since the company’s debt-heavy expansion in recent years.
5 January 2026
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Hyperscale Data (GPUS) stock jumps 20% in premarket as insider buying keeps spotlight on the microcap

Hyperscale Data (GPUS) stock jumps 20% in premarket as insider buying keeps spotlight on the microcap

NEW YORK, January 5, 2026, 04:46 ET — Premarket Hyperscale Data, Inc shares were up 19.6% at $0.3265 in premarket trading on Monday, building on a sharp rally that drove the stock up 48.7% to close at $0.2730 on Friday, when more than 227 million shares changed hands. Investing The move matters because GPUS is a low-priced, high-volatility name where a few cents can swing the stock double digits, drawing short-term traders into any clear catalyst. Friday’s surge and Monday’s early follow-through put the spotlight back on insider activity and the company’s near-term disclosure calendar. A Form 4 filing —
5 January 2026
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Halliburton stock rises nearly 5% premarket as Venezuela oil rebuild talk lifts service names

Halliburton stock rises nearly 5% premarket as Venezuela oil rebuild talk lifts service names

NEW YORK, Jan 5, 2026, 04:40 ET — Premarket Halliburton (HAL.N) shares were up 4.7% at $29.60 in premarket trading on Monday, as oilfield services stocks climbed after weekend developments in Venezuela put future drilling and well-work demand back in focus. The move matters now because any push to restart and expand Venezuelan oil output would require oilfield services — the rigs, crews and equipment that drill wells and complete them, the work that readies a well to start producing. Halliburton is one of the largest suppliers of those services. The rally comes as crude prices sit near $60 and
5 January 2026
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Stock Market Today

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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