Walmart’s CEO handover sparks sweeping exec shake-up — new bosses for U.S., International and Sam’s Club

Walmart’s CEO handover sparks sweeping exec shake-up — new bosses for U.S., International and Sam’s Club

Walmart will install John Furner as CEO on Feb. 1, replacing Doug McMillon. David Guggina will lead Walmart U.S., Chris Nicholas will head Walmart International, and Latriece Watkins will run Sam’s Club. Kathryn McLay, outgoing international chief, will depart after the transition. An SEC filing shows Furner’s pay package includes $1.5 million salary and $27 million in stock awards.
ANZ share price ends week firmer — here’s what could move it when ASX reopens

ANZ share price ends week firmer — here’s what could move it when ASX reopens

ANZ shares closed up 0.5% at A$37.52 Friday, ahead of next week’s Australian jobs report. The S&P/ASX 200 gained 0.5% for the week, with financials rebounding after a recent drop. Investors are watching Thursday’s labour force data and the Feb. 2–3 RBA meeting for signals on rates. Commonwealth Bank rose 0.7% in afternoon trade.
BHP stock dips into weekend — what to watch before next week’s key production update

BHP stock dips into weekend — what to watch before next week’s key production update

BHP shares fell 0.8% to A$48.99 Friday, ahead of its half-year production update due Jan. 20. The stock remains close to its 52-week high. BHP and Rio Tinto agreed to jointly extract iron ore from Pilbara sites, while BHP also signed a copper-gold exploration deal in Serbia. Iron ore prices dropped to $107.68 a tonne.
Commonwealth Bank of Australia share price: CBA stock set for a rate test after fresh home-loan moves

Commonwealth Bank of Australia share price: CBA stock set for a rate test after fresh home-loan moves

Commonwealth Bank of Australia shares closed up 0.52% at A$154.30 on Friday, as the S&P/ASX 200 gained 0.48%. CBA raised some fixed mortgage rates for new borrowers, with its lowest two-year rate now at 5.79%. The Reserve Bank’s cash rate target remains at 3.60%, with the next decision due Feb. 3. CBA’s December Household Spending Insights showed a 0.7% rise, marking 15 months of growth.
Bank holiday today (Jan 17, 2026): Are banks open in India? Tamil Nadu shut for Uzhavar Thirunal

Bank holiday today (Jan 17, 2026): Are banks open in India? Tamil Nadu shut for Uzhavar Thirunal

Bank branches in Tamil Nadu are closed January 17 for Uzhavar Thirunal, following a Friday shutdown in Chennai for Thiruvalluvar Day. Most other Indian branches remain open, as the date falls on the third Saturday. RBI’s calendar lists more state-specific holidays this month and a nationwide closure on January 26 for Republic Day. Digital banking and ATMs continue to operate.
PLS share price slides after AustralianSuper trims stake — what to watch before ASX reopens

PLS share price slides after AustralianSuper trims stake — what to watch before ASX reopens

PLS Group shares closed down 3.1% at A$4.68 Friday after AustralianSuper cut its stake to 15.11% from 16.27%. The move lowered AustralianSuper’s holding to 486.8 million shares. Traders are watching for PLS’s December-quarter update due Jan. 30. Lithium prices in China slipped 0.63% Friday but remain above last month’s levels.
Macquarie stock jumps 2.6% to A$211.86 — what to watch for MQG ahead of Monday

Macquarie stock jumps 2.6% to A$211.86 — what to watch for MQG ahead of Monday

Macquarie Group shares rose 2.6% to A$211.86 on Friday, outpacing the S&P/ASX 200’s 0.5% gain. After the close, filings showed Macquarie dropped below 5% ownership in Temple & Webster and became a substantial holder in Downer EDI. About 808,170 Macquarie shares changed hands. Investors await Australian jobs data and China GDP next week.
Fortescue share price ticks up on wind farm build start as traders look to next week’s output report

Fortescue share price ticks up on wind farm build start as traders look to next week’s output report

Fortescue shares closed up 0.3% at A$22.82 after construction began on a 133MW wind project in Western Australia. The company targets mid- to late-2027 completion, with a fiscal 2026 decarbonisation budget of $900 million to $1.2 billion. Iron ore futures fell on Friday, with Dalian and Singapore contracts both down. Fortescue’s next production report is due Jan. 22.
Northern Star Resources share price slips after four-day run as NST investors brace for Jan 22 update

Northern Star Resources share price slips after four-day run as NST investors brace for Jan 22 update

Northern Star Resources shares fell 1.0% to A$26.83 Friday, ending a four-day rally as gold prices slipped from record highs. The miner’s December-quarter output of 348,000 ounces missed analyst forecasts. Investors await a cost update on January 22 after the company cut its full-year sales outlook earlier this month. BMO Capital lowered its price target to A$31.

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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