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ASX:PEP 9 February 2026

Australia stock market today: ASX 200 jumps nearly 2% as tech rebounds; Pepper Money spikes on bid

Australia stock market today: ASX 200 jumps nearly 2% as tech rebounds; Pepper Money spikes on bid

The S&P/ASX 200 jumped 1.85% to 8,870.1 on Monday, erasing much of Friday’s losses as tech and real estate stocks led gains. Car Group surged 9.9% after strong results, while Pepper Money soared on a takeover bid. Australian household spending fell 0.4% in December. Traders now await major bank earnings and key U.S. economic data this week.
9 February 2026
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Stock Market Today

  • MercadoLibre Price Target Cut 10.80% to €2,233.99 Amid Mixed Institutional Moves
    April 11, 2026, 7:50 PM EDT. MercadoLibre (BIT:1MELI) sees its average one-year price target fall by 10.80% to €2,233.99 from €2,504.60 on Feb 23, 2026. Despite this, the target implies a 47.63% premium over the latest close at €1,513.20. Institutional ownership drops sharply, with shares held by 1,532 funds down 20.12% over three months. Yet, average portfolio weight among these funds climbs 28.50% to 0.68%. Key shareholders show mixed buying and selling: Baillie Gifford, Capital Research, and Capital International boosted holdings, while Capital World and Price T Rowe reduced theirs. The contrasting fund sentiment underscores uncertainty around MercadoLibre's near-term prospects amidst evolving market conditions.

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India F-35 Deal Hits Pause: Lockheed Martin Says No Direct Talks, U.S. Door Still Open

India F-35 Deal Hits Pause: Lockheed Martin Says No Direct Talks, U.S. Door Still Open

11 April 2026
Lockheed Martin said it is not in direct talks with India over the F-35, clarifying that any approach must go through official U.S. and Indian channels under the Foreign Military Sales process. Indian officials confirmed no formal discussions on acquiring the F-35 have begun. India recently approved a $40 billion military upgrade, including other fighter jets, while Lockheed’s F-21 remains in a separate competition.
Why SNOW Stock Is Falling Again: Snowflake Nears 52-Week Low as AI Worries Hit Software

Why SNOW Stock Is Falling Again: Snowflake Nears 52-Week Low as AI Worries Hit Software

11 April 2026
Snowflake shares fell 8.4% to $121.11 on Friday after an 11.7% drop Thursday, as investors sold off software stocks amid concerns over new AI tools from Anthropic and OpenAI. The stock now trades just above its 52-week low. The S&P 500 Software and Services Index is down 25.5% for the year. Snowflake reported fourth-quarter product revenue of $1.23 billion, up 30% from a year earlier.
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 11.04.2026

11 April 2026
LIVEMarkets rolling coverageStarted: April 11, 2026, 12:00 AM EDTUpdated: April 11, 2026, 8:00 PM EDT MercadoLibre Price Target Cut 10.80% to €2,233.99 Amid Mixed Institutional Moves April 11, 2026, 7:50 PM EDT. MercadoLibre (BIT:1MELI) sees its average one-year price target fall by 10.80% to €2,233.99 from €2,504.60 on Feb 23, 2026. Despite this, the target implies a 47.63% premium over the latest close at €1,513.20. Institutional ownership drops sharply, with shares held by 1,532 funds down 20.12% over three months. Yet, average portfolio weight among these funds climbs 28.50% to 0.68%. Key shareholders show mixed buying and selling: Baillie Gifford,
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