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Financial News News 7 January 2026

PLS Group Limited stock near a 52-week high: what investors are watching next

PLS Group Limited stock near a 52-week high: what investors are watching next

Sydney, January 7, 2026, 16:56 AEDT — Market closed PLS Group Limited stock (ASX:PLS) eased 0.2% to A$4.83 on Wednesday after touching a 52-week high of A$4.89, tracking a stronger run in Australian lithium names such as Liontown and Core Lithium. The stock traded between A$4.68 and A$4.89, and now sits at the top end of its 52-week range of A$1.07 to A$4.89. google.com The move comes as investors recalibrate around a firmer lithium outlook after a long slide driven by oversupply, with energy storage demand emerging as a key swing factor. A calculation based on UBS data showed energy
CSL share price rebounds as inflation cools; ASX:CSL turns to February results and RBA call

CSL share price rebounds as inflation cools; ASX:CSL turns to February results and RBA call

SYDNEY, Jan 7, 2026, 16:56 (AEDT) — After-hours CSL Ltd (CSL.AX) shares closed up 1.0% at A$170.00 on Wednesday. The biotech heavyweight recovered some ground after sliding 2.4% in the prior session as Australian stocks steadied after a softer inflation reading. The stock traded between A$168.65 and A$170.52 and is down about 41% over the past year, hovering near its 52-week low of A$168.00. Investing.com Australia CSL’s move matters for the local market because the company is a major weight in the S&P/ASX 200 and a bellwether for Australia’s health care sector. With the share price pinned near its yearly
Fortescue stock pulls back from near 52-week high as iron ore rallies — what investors watch next

Fortescue stock pulls back from near 52-week high as iron ore rallies — what investors watch next

SYDNEY, Jan 7, 2026, 16:56 AEDT — Market closed Fortescue Ltd (FMG.AX) shares slipped 0.18% to A$22.80 at the close on Wednesday, after opening at A$23.35 and fading from near a 52-week peak as early buying cooled. StockAnalysis The move matters because Fortescue is one of Australia’s most direct plays on iron ore, the steelmaking ingredient that drives most of its earnings. A fresh push in the commodity has kept the Pilbara miners in focus as investors reset positions after the holiday-thinned start to the year. Rate bets also shifted after Australia’s inflation print came in softer, helping risk appetite
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 07.01.2026

LIVEMarkets rolling coverageStarted: January 7, 2026, 12:00 AM ESTUpdated: January 7, 2026, 11:59 PM EST Sensex, Nifty slip at open on weak global cues January 7, 2026, 11:49 PM EST. Sensex, Nifty opened lower on Jan 8, 2026, as weak global cues weighed on sentiment. The S&P BSE Sensex and NSE Nifty 50 slipped in early trade after declines in most major markets overseas. Analysts said weakness abroad and cautious risk sentiment pressured Indian equities. Traders awaited domestic cues, including upcoming earnings and macro data, to set the near-term tone. Volume was subdued as participants timed allocations ahead of key
Home Depot stock climbs 1.5% as investors brace for jobs data and rate clues

Home Depot stock climbs 1.5% as investors brace for jobs data and rate clues

New York, Jan 6, 2026, 21:10 EST — Market closed Home Depot shares (HD.N) ended Tuesday up 1.51% at $349.29, while major U.S. stock indexes closed higher in a risk-on session. The stock remains about 18% below its 52-week high. MarketWatch The move matters because Home Depot sits close to the U.S. housing and renovation cycle, where borrowing costs still shape how much homeowners spend and how often they move. Investors have been looking for clearer signs that lower rates are translating into steadier demand for home-improvement projects. Mortgage costs remain elevated, keeping pressure on turnover and big-ticket remodels that
Intuit (INTU) stock jumps 2% after Truist buy call as TurboTax maker heads into tax season

Intuit (INTU) stock jumps 2% after Truist buy call as TurboTax maker heads into tax season

NEW YORK, Jan 6, 2026, 20:59 EST — Market closed Intuit Inc (INTU.O) shares rose 2.1% on Tuesday after Truist Securities began research coverage with a buy rating and a $739 price target, its forecast for where the stock could trade. The stock closed at $647.20. Investing.com Canada The call lands ahead of the busiest stretch of the U.S. tax season, when demand for TurboTax and paid expert help can swing quarterly results. Investors are also sizing up whether Intuit can keep pushing more customers onto subscriptions and financial-technology services such as payments and lending. The broader market offered a
Astera Labs stock drops after insider sale disclosed; earnings next in focus

Astera Labs stock drops after insider sale disclosed; earnings next in focus

New York, Jan 6, 2026, 21:13 EST — Market closed Astera Labs (ALAB.O) shares closed down 3.6% at $161.01 on Tuesday, a second straight decline after a sharp selloff a day earlier. The stock swung between $151.17 and $168.89 in the session as volume rose to about 8.0 million shares. The move landed as investors continued to crowd into chip names tied to data-center buildouts, pushing the Philadelphia semiconductor index up 2.7% to a fresh high. Astera’s drop, against that backdrop, underscored how quickly sentiment can turn in high-valuation AI infrastructure trades. Reuters A Form 4 filing on Tuesday showed
BitMine Immersion Technologies (BMNR) stock slides after $14.2B crypto stash update as share vote nears

BitMine Immersion Technologies (BMNR) stock slides after $14.2B crypto stash update as share vote nears

New York, Jan 6, 2026, 20:50 (ET) — Market closed Shares of BitMine Immersion Technologies (BMNR) closed down 3.1% at $32.33 on Tuesday. The stock traded between $31.38 and $34.04, with about 40.5 million shares changing hands. StockAnalysis The Las Vegas-based firm has pushed into a “digital-asset treasury” play — a company whose balance sheet is dominated by crypto rather than operating assets. That can make BMNR trade more like a proxy for ether prices and risk appetite than for day-to-day mining fundamentals. That model is drawing fresh attention after index provider MSCI said it will not implement a proposal
KLA Corporation stock hits a fresh 52-week high after Cantor upgrade — what’s next for KLAC

KLA Corporation stock hits a fresh 52-week high after Cantor upgrade — what’s next for KLAC

New York, January 6, 2026, 20:51 EST — Market closed KLA Corp (KLAC) shares rose 3.15% to $1,395 on Tuesday, their third straight gain and a new 52-week high, after Cantor Fitzgerald upgraded the chip-equipment maker. The stock touched $1,406 at its session high as the iShares Semiconductor ETF gained 3.3%. The move highlights a broader shift in the AI trade, with investors pushing beyond chip designers into the firms that sell the tools needed to expand capacity. “Investors realize the great data-center build-out is still not reflected across all of the stocks that are impacted,” D.A. Davidson head of
Bank of America stock (BAC) holds near 52-week high after accounting change trims key capital ratio

Bank of America stock (BAC) holds near 52-week high after accounting change trims key capital ratio

New York, Jan 6, 2026, 20:14 EST — Market closed Bank of America Corp said it changed accounting methods for certain tax-related equity investments, an adjustment that would have cut its common equity tier 1 (CET1) ratio — a key measure of bank capital — by 13 basis points as of Sept. 30, 2025, on a pro forma basis. Applied retrospectively, retained earnings as of Sept. 30 fell $1.7 billion and CET1 capital would have decreased about $2.1 billion, it said; it also estimated its third-quarter effective tax rate would have been about 20% versus 10.4% previously reported. The lender
Mastercard stock climbs as Wall Street hits records; fee-settlement objections and earnings loom

Mastercard stock climbs as Wall Street hits records; fee-settlement objections and earnings loom

New York, Jan 6, 2026, 20:23 EST — Market closed Mastercard Inc (MA) shares climbed 2.1% to close at $580.34 on Tuesday. The payments network outpaced Visa and American Express as investors stayed in risk-on mode. The move comes as investors track a renewed challenge to a proposed Visa-Mastercard settlement aimed at cutting “swipe fees.” Swipe fees, also called interchange, are the charges merchants pay on card purchases. Consumer and small-business groups joined merchants in an objection, saying the proposal still falls short; it would trim posted credit interchange rates by 0.1 percentage point for five years and cap standard
Visa stock rises as Wall Street hits records; CEO filing and U.S. jobs data in focus

Visa stock rises as Wall Street hits records; CEO filing and U.S. jobs data in focus

New York, January 6, 2026, 19:13 EST — After-hours Visa Inc. (V) shares rose 1.1% to $357.56 in Tuesday’s regular session and were unchanged in after-hours trading. The move came as Wall Street extended a rally that pushed the S&P 500 and Dow to record closes, with investors looking ahead to U.S. labor data that can reshape expectations for Federal Reserve rate cuts. The S&P 500 is trading at about 22 times expected earnings, Reuters reported, leaving little room for economic surprises as earnings season approaches. Reuters The Job Openings and Labor Turnover Survey (JOLTS) — a snapshot of labor
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Stock Market Today

CapitaLand Investment share price jumps as CapitaLand REIT payouts roll in — what’s next for 9CI

CapitaLand Investment share price jumps as CapitaLand REIT payouts roll in — what’s next for 9CI

7 February 2026
CapitaLand Investment shares rose 1.3% to S$3.12 on Friday, bucking a 0.8% drop in Singapore’s benchmark index. CapitaLand Integrated Commercial Trust reported a 16.4% jump in second-half distributable income, while CapitaLand Ascendas REIT posted a 1.4% full-year rise. CapitaLand China Trust saw full-year DPU fall to 4.82 cents amid weaker yuan and occupancy. CLI reports FY2025 results on Feb. 11.
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