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.

Sandisk stock price: why SNDK is moving again today after a 15% jump

Sandisk stock price: why SNDK is moving again today after a 15% jump

Sandisk shares rose 2.9% in premarket trading Tuesday after a 15.4% surge Monday, last changing hands at $684.17. The company reported fiscal Q2 revenue of $3.03 billion, up 61% year over year, and forecast Q3 revenue between $4.40 billion and $4.80 billion. Traders cited tight memory supply and AI-driven demand as key factors. Sandisk will report next earnings on April 29.
Lumentum stock jumps into earnings day as LITE traders brace for after-bell report

Lumentum stock jumps into earnings day as LITE traders brace for after-bell report

Lumentum shares surged 8.1% Monday to $423.42 ahead of its fiscal Q2 earnings due after Tuesday’s close. Wall Street expects adjusted EPS of $1.40 and revenue near $646.7 million. Morgan Stanley raised its price target to $350 but kept an equal-weight rating. Investors are watching for signals on data-center demand and guidance during the 5 p.m. ET call.
Corning stock steadies before U.S. open after JPMorgan sticks with Overweight, insider sale disclosed

Corning stock steadies before U.S. open after JPMorgan sticks with Overweight, insider sale disclosed

Corning stock held near $110.36 in early Tuesday trading after a 6.9% surge Monday. JPMorgan reiterated its Overweight rating and $115 target, citing strong LCD panel trends. Retired president Eric Musser sold 25,000 shares Monday, leaving him with 19,926, according to an SEC filing. Meta’s multi-year deal with Corning, valued up to $6 billion, will expand fiber production in North Carolina.
Brent price holds near $66 after Monday slide as OPEC+ stands pat and Iran talks loom

Brent price holds near $66 after Monday slide as OPEC+ stands pat and Iran talks loom

Brent crude recovered to $66.37 a barrel Tuesday after hitting a one-week low of $65.19, as traders weighed U.S.-Iran nuclear talks and OPEC+’s decision to keep March output steady. A new U.S.-India trade deal, requiring India to halt Russian oil purchases, added uncertainty to global crude flows. The dollar strengthened after Trump nominated Kevin Warsh as Fed chair. Russian officials said demand should rise in March and April.
3 February 2026
US economic calendar today: Shutdown scrubs key labor data as Wall Street leans on Fed talk, Treasury plans

US economic calendar today: Shutdown scrubs key labor data as Wall Street leans on Fed talk, Treasury plans

The partial U.S. government shutdown has delayed the January jobs report and December JOLTS data, clearing Tuesday’s economic calendar. S&P 500 and Nasdaq 100 futures rose modestly in premarket trading, while Treasuries slipped. Teradyne and Palantir jumped after strong forecasts. Richmond Fed President Tom Barkin is set to speak at 8 a.m. ET.
Oil prices slip again as U.S.-Iran talks loom and the dollar firms; Brent near $66

Oil prices slip again as U.S.-Iran talks loom and the dollar firms; Brent near $66

Brent crude fell 15 cents to $66.15 a barrel Tuesday, while U.S. WTI slipped 8 cents to $62.06, after both benchmarks dropped over $3 Monday following Donald Trump’s remarks on U.S.-Iran talks. India’s Russian oil imports fell 22% in December to a two-year low as sanctions tightened, with OPEC’s share of Indian imports rising to 53.2%. Russia’s Deputy PM Novak said global demand should pick up in March and April.
3 February 2026
Mortgage rates today tick higher: 30-year fixed at 6.22% as shutdown scrambles the next data signal

Mortgage rates today tick higher: 30-year fixed at 6.22% as shutdown scrambles the next data signal

U.S. 30-year fixed mortgage rates rose to 6.22% Tuesday, with refinance rates at 6.49%, Bankrate reported. The Bureau of Labor Statistics postponed January’s jobs report due to a partial government shutdown. Mortgage lenders and housing stocks led gains, with Rocket Companies up 4.7%. The ISM’s January PMI rose to 52.6, signaling factory growth.
Natural gas price whipsaws after worst drop since 1995 — traders eye storage data

Natural gas price whipsaws after worst drop since 1995 — traders eye storage data

U.S. natural gas futures hovered near $3.22/mmBtu Tuesday after plunging 25.7% Monday, the steepest drop since 1995 outside contract rollovers. Warmer mid-February forecasts and record output drove the selloff, while volatility hit a record 250.7%. LNG exports dipped in January as freeze-offs disrupted plants. Traders await Thursday’s U.S. storage report.
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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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