Today: 7 February 2026
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Paladin Energy share price dips as uranium jumps above $100 and a big holder exits the 5% line

Paladin Energy share price dips as uranium jumps above $100 and a big holder exits the 5% line

Paladin Energy shares fell 2.1% to A$13.84 Friday as uranium spot prices climbed above $100 a pound after heavy buying by Sprott Physical Uranium Trust. Kopernik Global Investors disclosed it dropped below the 5% substantial holder threshold on Jan. 23. Paladin produced 1.23 million pounds of U3O8 in the December quarter, up 16%, and sold 1.43 million pounds at $71.8 per pound. Interim results are due Feb. 12.
31 January 2026
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Wesfarmers share price: two dates that could move ASX:WES next week

Wesfarmers share price: two dates that could move ASX:WES next week

Wesfarmers shares closed up 0.3% at A$83.36 on Friday, outperforming a 0.65% drop in the S&P/ASX 200. Attention turns to the Reserve Bank of Australia’s Feb. 3 rate decision, with major banks tipping a hike after strong inflation data. Mortgage-stress groups warn household budgets are under pressure. Wesfarmers will report half-year results on Feb. 19.
31 January 2026
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Santos share price pops to A$7.01 into weekend as Queensland gas permits land; Feb results next

Santos share price pops to A$7.01 into weekend as Queensland gas permits land; Feb results next

Santos shares closed up 2.49% at A$7.01 Friday after Queensland approved new gas exploration permits for the company. Canberra plans to require LNG exporters to reserve 15–25% of gas for domestic buyers from 2027. Brent crude settled at $70.69 a barrel. Santos will report full-year results on Feb. 18.
31 January 2026
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Fortescue share price slides to A$21 as miners retreat — what to watch before ASX reopens

Fortescue share price slides to A$21 as miners retreat — what to watch before ASX reopens

Fortescue Ltd shares fell 2.7% to A$21.00 on Friday, leading a sharp drop in Australian miners as the sector’s sub-index slid 3.5%. The ASX benchmark closed down 0.7%. Rio Tinto lost 3.5% and BHP Group dropped 1.8%. Traders are watching next week’s Reserve Bank of Australia meeting, with markets expecting a rate hike.
31 January 2026
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Lynas Rare Earths share price sinks as U.S. steps back from critical-minerals price floors

Lynas Rare Earths share price sinks as U.S. steps back from critical-minerals price floors

Lynas Rare Earths shares fell 4.5% to A$14.90 Friday, extending an 8% two-day slide after the U.S. signaled it may not support price guarantees for critical minerals. Australia’s government reaffirmed its A$1.2 billion strategic reserve plan but is still weighing price floor mechanisms. Lynas reported quarterly sales of A$201.9 million and output of 2,382 tonnes, citing power outages and maintenance. Markets await further policy signals next week.
31 January 2026
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Evolution Mining share price slides 6% on gold pullback — what to watch before Monday’s ASX open

Evolution Mining share price slides 6% on gold pullback — what to watch before Monday’s ASX open

Evolution Mining shares fell 6.4% to A$14.71 Friday as gold prices dropped 4.7% to $5,143.40 an ounce and mining stocks slid across the ASX. The company will release its half-year results and hold a conference call on Feb. 11. Evolution reaffirmed full-year gold and copper guidance. Investors await earnings season and the Reserve Bank of Australia’s policy decision next week.
31 January 2026
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Macquarie stock heads into next week with AirFinance sale in focus and RBA decision looming

Macquarie stock heads into next week with AirFinance sale in focus and RBA decision looming

Macquarie Group shares closed nearly flat at A$212.18 Friday as investors weighed reports of a narrowed field of bidders for its AirFinance unit. The S&P/ASX 200 fell 0.65%, pressured by a slide in commodity stocks. Traders are watching the Reserve Bank of Australia’s policy decision due early February. Aviation Capital Group exited the AirFinance auction, with Dubai Aerospace Enterprise and others still in contention.
31 January 2026
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Northern Star Resources share price slips after gold’s shock fall; what ASX:NST investors watch next week

Northern Star Resources share price slips after gold’s shock fall; what ASX:NST investors watch next week

Northern Star Resources fell 1.87% to A$28.94 Friday, erasing much of Thursday’s gain as gold prices plunged 9.5% after a record high. Trading volume reached 13.15 million shares. The company’s half-year results are due Feb. 12. Northern Star recently cut its FY26 production forecast and raised cost estimates, citing lower sales and higher royalties.
31 January 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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