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.

Gold price today: India’s 22K, 24K rates jump as silver surges past Rs 2.67 lakh/kg

Gold price today: India’s 22K, 24K rates jump as silver surges past Rs 2.67 lakh/kg

Gold and silver prices surged in India Wednesday, with MCX silver futures up 13.07% at Rs 2,67,410 per kg and gold up 5.16% at Rs 1,54,000 per 10 grams. In Delhi, 24-carat gold reached Rs 15,409 per gram. The moves followed news of a U.S.-India trade deal and heightened geopolitical tensions. Spot gold overseas hit $5,082.94 an ounce, its biggest daily gain since 2008.
4 February 2026
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Elon Musk’s xAI offers up to $100/hour for crypto experts after SpaceX mega-merger

Elon Musk’s xAI offers up to $100/hour for crypto experts after SpaceX mega-merger

xAI is hiring a remote “Finance Expert – Crypto” to help train its AI models, offering U.S. pay of $45–$100 an hour. The move follows SpaceX’s $1.25 trillion acquisition of xAI, announced by Elon Musk days earlier. xAI’s careers page lists 294 open roles, including several in finance. The crypto job excludes applicants from Wyoming and Illinois and does not offer benefits for part-time hires.
4 February 2026
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Silver price today: metal snaps back near $90 after brutal rout, with Fed and Iran risks in focus

Silver price today: metal snaps back near $90 after brutal rout, with Fed and Iran risks in focus

Comex March silver futures soared 6.9% to $89.07 an ounce in early New York trading Tuesday, rebounding sharply after last week’s record plunge. Renewed U.S.-Iran tensions and a reported drone incident near a U.S. carrier triggered safe-haven buying. Spot silver reached $90.34, up 6.1%. Traders await the ADP private payrolls report Wednesday as volatility persists.
4 February 2026
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FTSE 100 breaks 10,400 as Zurich-Beazley bid and GSK lift UK stocks ahead of BoE

FTSE 100 breaks 10,400 as Zurich-Beazley bid and GSK lift UK stocks ahead of BoE

FTSE 100 rose 1.0% to 10,418.51 by mid-morning Wednesday, with Beazley shares jumping nearly 9% after Zurich raised its takeover bid. GSK gained 2.3% on a positive long-term outlook. AI-linked stocks like RELX and LSEG fell again after recent tech sector jitters. Sterling hit a five-month high against the euro ahead of the Bank of England’s rate decision.
4 February 2026
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London Stock Exchange Group share price slides again as AI fears keep hitting LSEG stock

London Stock Exchange Group share price slides again as AI fears keep hitting LSEG stock

London Stock Exchange Group shares fell 1.8% to 7,048 pence by mid-morning, hovering near a 52-week low after a sharp two-day selloff in software and data stocks. The drop followed Anthropic’s launch of AI plug-ins, fueling fears over future subscription revenue. LSEG bought back over 253,000 shares on Feb. 3 at an average 7,685.36 pence each. Investors await Thursday’s Bank of England meeting amid continued volatility.
4 February 2026
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Australia stock market jumps as miners rally, tech gets slammed; Xero sinks

Australia stock market jumps as miners rally, tech gets slammed; Xero sinks

Australia’s S&P/ASX 200 closed up 0.8% at 8,927, lifted by miners and energy stocks as materials surged 3.6%. Technology shares plunged, with Xero down 15.9% and WiseTech Global off 10.7%. The Reserve Bank raised rates by 25 basis points to 3.85%, its first hike in two years. Neuren Pharmaceuticals entered a trading halt.
4 February 2026
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Digital Turbine stock jumps 20% premarket after outlook raise — what to watch at the open

Digital Turbine stock jumps 20% premarket after outlook raise — what to watch at the open

Digital Turbine shares surged about 20% to $5.93 in premarket trading after the company raised its full-year revenue and profit forecasts. Fiscal third-quarter revenue rose 12% to $151.4 million, with GAAP net income of $5.1 million. Debt fell by over $41 million to $355 million. Investors are watching if the rally holds at the open and how March-quarter demand develops.
4 February 2026
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Take-Two (TTWO) stock eyes a sharp open after forecast raise, GTA VI date held

Take-Two (TTWO) stock eyes a sharp open after forecast raise, GTA VI date held

Take-Two raised its fiscal 2026 net bookings forecast to $6.65–$6.7 billion and confirmed a Nov. 19 release date for “Grand Theft Auto VI.” Shares closed down 4.4% Tuesday at $212.17, then rose over 5% after hours. Third-quarter net bookings jumped 28% to $1.76 billion, with a GAAP net loss of $92.9 million. Fiscal 2027 guidance is expected in May.
4 February 2026
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UBS stock slides 5% after earnings as buyback and U.S. wealth outflows bite

UBS stock slides 5% after earnings as buyback and U.S. wealth outflows bite

UBS shares fell 5.2% to 35.16 Swiss francs in Zurich after the bank reported a 56% rise in fourth-quarter profit and announced a $3 billion share buyback for 2026. CFO Todd Tuckner warned outflows from the U.S. wealth unit will likely accelerate as advisers leave. UBS’s full-year net profit reached $7.8 billion. The bank’s capital return plans remain tied to pending Swiss regulatory changes.
4 February 2026
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S&P Global stock tumbled 11% on AI disruption fears — what to watch before earnings

S&P Global stock tumbled 11% on AI disruption fears — what to watch before earnings

S&P Global shares fell 11.3% premarket Wednesday to $468.21 after a broad selloff in data and analytics stocks, triggered by fears that new generative AI tools could erode pricing power. The company recently raised its dividend and confirmed plans to spin off its Mobility division, now branded as Mobility Global, Inc. Gartner, Intuit, and Equifax also dropped over 10%. The S&P 500 closed down 0.84% Tuesday.
4 February 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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