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Investing News 5 February 2026

Westpac share price: WBC closes flat after Westpac lifts savings rates — what to watch next

Westpac share price: WBC closes flat after Westpac lifts savings rates — what to watch next

Westpac shares closed up 0.05% at A$39.91 after the bank raised savings rates but kept base rates low for customers missing monthly criteria. The bank will lift variable home loan rates by 0.25% from Feb. 17, following the RBA’s cash-rate hike to 3.85%. The S&P/ASX 200 fell 0.43%. Investors await Westpac’s first-quarter update on Feb. 13.
WiseTech Global share price slides again as AI jitters keep hammering ASX software stocks

WiseTech Global share price slides again as AI jitters keep hammering ASX software stocks

WiseTech Global shares fell 2.6% to A$49.92 Thursday, extending a two-day loss to 13% and hitting a 52-week low. Trading volume surged to 4.08 million shares. The S&P/ASX 200 Information Technology sector dropped 9.4% amid global concerns over AI’s impact on software firms. Investors await WiseTech’s interim results on Feb. 25 for further guidance.
BHP share price drops nearly 4% — what to watch before the next ASX session

BHP share price drops nearly 4% — what to watch before the next ASX session

BHP Group shares fell 3.9% to A$50.36 on Thursday, leading losses in the Australian materials sector as iron ore prices dropped to a seven-week low. The S&P/ASX 200 slipped 0.43%, while the Australian dollar eased to 69.71 U.S. cents. The Reserve Bank of Australia raised rates to 3.85% earlier in the week. BHP is set to report half-year results on Feb. 17.
SoFi stock drops again: JPMorgan upgrade meets fresh selling as key U.S. data looms

SoFi stock drops again: JPMorgan upgrade meets fresh selling as key U.S. data looms

SoFi Technologies shares fell 4.6% to $20.75 Wednesday, with about 85 million shares traded. The Nasdaq dropped 1.5% and the S&P 500 slipped 0.5%. SoFi’s Chief Risk Officer entered a prepaid variable forward contract for $1.2 million, pledging 71,500 shares. Investors are watching upcoming U.S. jobs and inflation data after recent delays.
Accenture stock steadies near $242 after CEO share-sale filing as AI jitters rattle tech services

Accenture stock steadies near $242 after CEO share-sale filing as AI jitters rattle tech services

Accenture shares closed up 0.2% at $241.65 after a volatile session, as filings showed CEO Julie Sweet sold 5,500 shares under a pre-arranged plan. The stock remains nearly 39% below its 52-week high after Tuesday’s 9.6% drop amid a broader software and services selloff linked to new AI products.
P&G stock pops as Wall Street goes defensive — here’s what matters before Thursday’s open

P&G stock pops as Wall Street goes defensive — here’s what matters before Thursday’s open

Procter & Gamble shares closed up 1.0% at $156.87 Wednesday as investors favored defensive stocks during tech sector volatility. Executive Ma. Fatima Francisco sold 8,000 shares at $158.00 each, according to a U.S. filing. Trading volume reached about 12.2 million shares. Key U.S. jobs data was delayed by the government shutdown, with the rescheduled report now due Feb. 11.
Deere stock price jumps 4% to a fresh 52-week high — what to watch before DE earnings

Deere stock price jumps 4% to a fresh 52-week high — what to watch before DE earnings

Deere & Co shares jumped 4.1% to a record $567.26 Wednesday, outpacing machinery rivals as the Dow rose and S&P 500 slipped. CFO Joshua Jepsen will step down Feb. 19, with Ryan Campbell named interim CFO. Deere’s first-quarter earnings call is set for the same day. About 3.2 million shares traded as investors await updates on 2026 demand and margins.
Eaton stock stabilizes after soft 2026 outlook: ETN traders eye next catalyst

Eaton stock stabilizes after soft 2026 outlook: ETN traders eye next catalyst

Eaton shares closed at $365, up 0.7%, after the company projected 2026 adjusted EPS below analyst estimates and confirmed a vehicle unit spinoff. Fourth-quarter adjusted EPS reached $3.33 on $7.1 billion in sales. Traders await Thursday’s session for reaction to the guidance reset and ongoing industrial demand signals.
Freeport-McMoRan stock sinks as copper’s record rally snaps back — what traders watch next

Freeport-McMoRan (FCX) stock drops 4% after a sharp rally as copper swings stay in focus

Freeport-McMoRan shares fell 4.35% Wednesday to $61.86, reversing part of Tuesday’s 6.44% gain as copper prices remained volatile. Trading volume topped 31.8 million shares. The stock lagged peers and broader indexes, with traders eyeing Thursday’s JOLTS data and next week’s delayed U.S. jobs report for cues.
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Stock Market Today

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

Stock Market Today 07.02.2026

7 February 2026
LIVEMarkets rolling coverageStarted: February 7, 2026, 12:00 AM ESTUpdated: February 7, 2026, 12:46 AM EST Sensex and Nifty Bounce Back Amid IT Sector Weakness, Eyes on US-India Trade Deal February 7, 2026, 12:46 AM EST. India's Sensex rose 0.3% to 83,580.40 and Nifty gained 0.2% to 25,693.7 on Friday, recovering from early losses. The Nifty IT index dropped 1.5%, extending a weekly fall of 5%, pressured by a global tech sell-off linked to rising AI spending and competition. Foreign investors bought equities worth ₹1,951 crore, while domestic institutions sold ₹1,265 crore. The market is cautiously awaiting details of the US-India
Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

Seagate (STX) stock jumps nearly 6% as Citi hikes target — what to watch next week

7 February 2026
Seagate shares rose 5.9% to $429.32 Friday after Citigroup raised its price target to $480 and reiterated a buy rating. The gain ended a two-day slide but left the stock 6.6% below its Feb. 3 high. CEO Dave Mosley sold 20,000 shares on Feb. 2 under a pre-arranged plan, SEC filings show. U.S. jobs and inflation data next week are seen as key tests for tech stocks.
Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

Cummins (CMI) stock price rebounds after earnings whipsaw as investors eye data-center power demand

7 February 2026
Cummins shares jumped 6.8% to $577.73 Friday, recovering from a nearly 9% post-earnings drop the day before. The company reported Q4 revenue up 1% to $8.54 billion, took a $218 million charge tied to its hydrogen business, and guided for 2026 EBITDA of 17–18% of sales. Demand for data center generators offset weakness in North American truck markets. Analyst reaction was mixed; Truist raised its price target.
Corning stock hits first record close since 2000 as jobs, CPI data loom

Corning stock hits first record close since 2000 as jobs, CPI data loom

7 February 2026
Corning shares surged 8.3% to $122.16 Friday, their highest close since the dot-com era, after Meta agreed to buy up to $6 billion in fiber-optic cables. The stock is up 40% since late 2025, fueled by strong first-quarter guidance and AI data-center demand. Insiders sold shares following the rally, SEC filings show. Investors await next week’s U.S. jobs and inflation data for rate signals.
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