Today: 7 February 2026
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Taiwan Taiex cracks 30,000 — but a lawmaker says TSMC is warping the market

Taiwan Taiex cracks 30,000 — but a lawmaker says TSMC is warping the market

TAIPEI, Jan 8, 2026, 13:53 (GMT+8) Taiwan’s stock rally drew political heat this week after a senior opposition lawmaker said the Taiex benchmark no longer reflects the broader market because it is dominated by Taiwan Semiconductor Manufacturing Co, which he said accounts for more than 40% of total market value. “The market structure has lost its balance,” Kuomintang legislator Lin Te-fu said. (https://www.taipeitimes.com/News/biz/archives/2026/01/08/2003850223). Taipei Times The warning lands at an awkward moment for investors: the index has pushed into new territory above 30,000 points on an AI-driven run, and money is moving quickly into a narrow slice of chip-linked names.
8 January 2026
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IDFC First Bank shares rise after savings rate cut, as Nomura flags 23% upside

IDFC First Bank shares rise after savings rate cut, as Nomura flags 23% upside

Mumbai, January 8, 2026, 11:22 IST Shares of IDFC First Bank rose on Thursday after the lender cut savings account interest rates by up to 200 basis points (a basis point is 0.01 percentage point) and reshuffled balance slabs from Jan. 9. The stock was up nearly 2% at about 86 rupees by 10:45 a.m. IST, after climbing around 3% from the day’s low. Moneycontrol The move lands at a touchy time for banks that have been paying up for deposits. IDFC First has leaned on a high savings rate to pull in money, and any sign that funding costs
8 January 2026
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Mineral Resources shares slip after flirting with a 52-week high as China flags battery overcapacity

Mineral Resources shares slip after flirting with a 52-week high as China flags battery overcapacity

SYDNEY, Jan 8, 2026, 17:19 AEDT — Market closed Mineral Resources Ltd shares ended lower on Thursday after pushing to within a whisker of a 52-week high, a reminder that the rally in Australian lithium names is still a jittery one. The stock closed down 1.34% at A$56.49. Investing.com Australia The move matters now because MinRes has become a quick read-through on sentiment around battery materials, even as it also sells iron ore. When the lithium tape softens, the stock can turn fast, and Thursday’s fade came after a sharp early-week jump. Traders have also been weighing fresh signals out
8 January 2026
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ANZ stock edges up as RBA warns inflation still “too high”; Feb rate call back in focus

ANZ stock edges up as RBA warns inflation still “too high”; Feb rate call back in focus

Sydney, Jan 8, 2026, 17:13 AEDT — Market closed ANZ Group Holdings shares rose 0.7% to end at A$35.68 on Thursday, recovering a slice of the prior session’s slide as rate expectations swung back into view. Volume was about 4.1 million shares. MarketScreener The move followed comments from Reserve Bank of Australia Deputy Governor Andrew Hauser, who said November’s inflation slowdown was “helpful” but largely expected. “Inflation above 3% — let’s be clear, it’s too high,” Hauser said in an interview with the Australian Broadcasting Corporation. Reuters Why it matters now: Australia’s big banks trade day-to-day on interest-rate odds because
8 January 2026
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CBA shares stop falling — but the next CPI print could jolt Commonwealth Bank stock

CBA shares stop falling — but the next CPI print could jolt Commonwealth Bank stock

Sydney, Jan 8, 2026, 16:50 AEDT — Market closed Commonwealth Bank of Australia (ASX: CBA) closed up a fraction on Thursday, ending 0.03% higher at A$153.27 after swinging between A$152.45 and A$153.76. Turnover was about 1.0 million shares, after a 1.68% drop in the prior session. Investing.com Why it matters now: CBA is a rates stock in a market that can’t settle on rates. A softer November inflation read cooled the immediate panic, but it did not kill the chance of another Reserve Bank of Australia move, and investors keep pushing the timing around. Reuters On Thursday, RBA Deputy Governor
8 January 2026
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Northern Star Resources stock drops 3% after UBS trims target as Jan. 22 update nears

Northern Star Resources stock drops 3% after UBS trims target as Jan. 22 update nears

Sydney, Jan 8, 2026, 16:51 AEDT — After-hours Northern Star Resources Ltd shares ended down 3% at A$24.60 on Thursday, after trading between A$24.57 and A$25.08. The stock is still up about 56% over the past year. StockAnalysis The slide came as UBS analyst Levi Spry trimmed his price target to A$29.45 from A$29.75 while keeping a buy rating, after the miner’s December-quarter output came in below expectations. UBS said production was 348,000 ounces, about 11% under its estimate, and noted the company cut fiscal 2026 guidance to 1.6 million-1.7 million ounces; UBS also lowered its own FY26 estimate to
8 January 2026
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CSL Limited (ASX:CSL) shares jump 2.6% as healthcare bounces; three dates investors circle

CSL Limited (ASX:CSL) shares jump 2.6% as healthcare bounces; three dates investors circle

SYDNEY, Jan 8, 2026, 16:50 AEDT — Market closed CSL Limited shares closed up 2.6% at A$174.45 on Thursday, after trading between A$172.03 and A$175.10. The stock is still down about 39% over the past year and has ranged between roughly A$168 and A$289 over that period. Investing.com The gain helped steady Australia’s heavyweight healthcare name as the S&P/ASX 200 ended up 0.3% at 8,720. The Australian dollar was about 0.3% lower at 67.02 U.S. cents in late trade. ABC Part of the lift came from a broader bounce in battered pockets of the market, with healthcare up about 1.2%
8 January 2026
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Fortescue (ASX:FMG) share price slips after iron ore cools — what traders watch next

Fortescue (ASX:FMG) share price slips after iron ore cools — what traders watch next

Sydney, Jan 8, 2026, 16:50 AEDT — After-hours Fortescue Ltd (FMG.AX) shares slipped 0.2% on Thursday to close at A$22.75, paring a small slice off the iron ore miner’s recent strength. MarketScreener The move matters because iron ore is doing most of the heavy lifting for Australian miners right now, and Fortescue is one of the market’s cleanest ways to express that view. When the ore price shifts, the stock usually shifts with it. Iron ore futures — contracts linked to an expected future price — jumped to multi-month highs after China pledged to ease monetary policy, a Reuters report
8 January 2026
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Lynas Rare Earths share price slips after export-curb rally as traders eye Jan. 21 update

Lynas Rare Earths share price slips after export-curb rally as traders eye Jan. 21 update

Sydney, Jan 8, 2026, 16:50 AEDT — Market closed Lynas Rare Earths (LYC.AX) fell 5.4% to A$14.24 on Thursday, giving back part of a sharp rally the day before as investors reassessed how far the latest China-Japan export row can run. The stock swung between A$14.22 and A$15.41 and traded 8.36 million shares, after a 14.5% jump on Wednesday on heavier volume. Investing.com The moves matter because investors are again pricing in the risk of tighter rare earth supply. China this week banned exports of “dual-use” items to Japan — goods and tech that can serve civilian and military ends
8 January 2026
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BHP stock dips as copper tariff talk reshapes metal flows; Jan. 20 update in focus

BHP stock dips as copper tariff talk reshapes metal flows; Jan. 20 update in focus

Sydney, January 8, 2026, 16:51 AEDT — Market closed BHP Group Ltd shares ended down 0.75% at A$47.34 in Sydney on Thursday, easing after a choppy week for miners. BHP’s U.S.-listed ADR was last down 1.45% at $63.86. BHP The pullback matters because BHP sits on the fault line between two trades that have been moving fast: copper, where supply and policy headlines are pushing prices around, and iron ore, where China demand still sets the tempo. With markets closed, the next question is whether the stock can hold recent gains into BHP’s next operational update and fresh China data.
8 January 2026
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Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 08.01.2026

LIVEMarkets rolling coverageStarted: January 8, 2026, 12:00 AM ESTUpdated: January 8, 2026, 11:59 PM EST Royalty Pharma Undervalued on DCF Despite 1-Year Rally (RPRX) January 8, 2026, 11:59 PM EST. RPRX trades at $40.26, after a 40% return in the last year. A Discounted Cash Flow model-using a 2-stage Free Cash Flow to Equity framework-yields an intrinsic value around $179.83 a share, implying the stock is about 77.6% undervalued versus today. The model assumes TTM FCF of roughly $429.4 million and forecasts growth to about $4.2 billion by 2030. On a multiples basis, the stock trades at P/E 22.49x, above
8 January 2026
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DBS Smashes S$58, OCBC Tops S$20: Singapore Bank Stocks Hit Records as Dividend Hunt Intensifies

DBS Smashes S$58, OCBC Tops S$20: Singapore Bank Stocks Hit Records as Dividend Hunt Intensifies

SINGAPORE, January 8, 2026, 10:37 (SGT) Shares of DBS, Southeast Asia’s largest bank by assets, pushed past S$58 for the first time on Wednesday, hitting S$58.80 before ending at a new closing high of S$58.40. OCBC rose to S$20.25 and later eased to S$20.06, in a bank-led run that drove Singapore’s Straits Times Index (STI) to another record. https://www.straitstimes.com/business/banking/dbs-ocbc-shares-extend-record-breaking-rally The move matters because the three local banks dominate the STI and have become a go-to trade for investors hunting income. With interest rates expected to fall, Morningstar’s Lorraine Tan said high-quality dividend payers are being used as a stand-in for
8 January 2026
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Stock Market Today

Carvana stock jumps 5% to $403.67 — here’s what CVNA traders are watching next

Carvana stock jumps 5% to $403.67 — here’s what CVNA traders are watching next

7 February 2026
Carvana shares rose 5.21% Friday to $403.67, rebounding after recent volatility sparked by a short-seller report from Gotham City Research. The company denied allegations of overstated earnings and undisclosed ties to DriveTime. Carvana will report Q4 and full-year 2025 results after markets close on Feb. 18. The January U.S. CPI report is scheduled for Feb. 13.
Confluent stock hugs IBM’s $31 bid — here’s what investors watch next week

Confluent stock hugs IBM’s $31 bid — here’s what investors watch next week

7 February 2026
Confluent shares closed at $30.57 Friday, 43 cents below IBM’s $31-per-share cash offer, ahead of key events next week. The company will report earnings Feb. 11 without a call or outlook, and shareholders vote on the merger Feb. 12. Confluent disclosed 17 demand letters and two lawsuits over proxy disclosures but denies wrongdoing. The IBM deal values Confluent at $11 billion.
BitMine Immersion (BMNR) stock whipsaws with ether — what to watch before Monday

BitMine Immersion (BMNR) stock whipsaws with ether — what to watch before Monday

7 February 2026
BitMine Immersion Technologies shares rose 16.8% to $20.32 Friday after a 14.3% drop Thursday, tracking sharp swings in ether and bitcoin. Trading volume hit 54 million shares. The company held over 4.2 million ether and 193 bitcoin as of Feb. 1, with nearly 2.9 million ether staked, according to an SEC filing. Crypto price moves over the weekend are expected to drive Monday’s open.
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