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Market Analysis News 6 February 2026

Silver price rebounds after falling below $65 as CME margin hikes add to turmoil

Silver price rebounds after falling below $65 as CME margin hikes add to turmoil

Spot silver jumped 6.3% to $75.70 an ounce Friday after falling below $65, but remains set for a weekly loss of over 10%. CME Group will raise margins on COMEX 5,000-ounce silver futures from 15% to 18% after Friday’s close. China’s only exchange-listed pure-silver fund hit its limit-down for a fifth straight session, still trading nearly 29% above its net asset value.
Seagate stock price jumps 5% as Citi lifts target; STX steadies after a choppy week

Seagate stock price jumps 5% as Citi lifts target; STX steadies after a choppy week

Seagate shares jumped nearly 5% to $425.61 midday Friday after Citigroup raised its price target to $480, maintaining a buy rating. The stock swung between $400.52 and $428.90 during the session, rebounding from a 3% drop Thursday. Other storage stocks, including Western Digital and Pure Storage, also rose. Trading volume in Seagate exceeded its 50-day average.
US IPOs today: Once Upon a Farm, AgomAb and SpyGlass line up as fresh listings test demand

US IPOs today: Once Upon a Farm, AgomAb and SpyGlass line up as fresh listings test demand

Once Upon a Farm priced its IPO at $18 a share for a Friday NYSE debut, selling nearly 11 million shares. Belgian biotech AgomAb Therapeutics and SpyGlass Pharma each set IPO prices at $16 per share for Nasdaq listings. Liftoff Mobile postponed its IPO, citing market conditions. Two SPACs traded near $10, reflecting investor caution in new listings.
XRP price today jumps after Thursday’s crypto rout as Ripple touts Hyperliquid tie-up

XRP price today jumps after Thursday’s crypto rout as Ripple touts Hyperliquid tie-up

XRP surged 5.5% to about $1.44 Friday, recovering from a 20% drop the day before as trading volume topped $14.5 billion. Bitcoin climbed back above $65,000, but both tokens remain on track for their steepest weekly losses since 2022. Ripple said its brokerage platform now supports Hyperliquid, expanding institutional access to on-chain derivatives. Global markets remain volatile amid a tech selloff and speculation over Fed rate cuts.
Natural Gas Price Pops After Record Storage Draw — What Traders Watch Next

Natural Gas Price Pops After Record Storage Draw — What Traders Watch Next

U.S. natural gas futures rose Friday after a record weekly storage withdrawal of 360 billion cubic feet, leaving stocks 27 Bcf below the five-year average, EIA data showed. The NYMEX March contract traded near $3.59 per mmBtu. The Henry Hub spot price spiked to $9.03 per mmBtu on Jan. 28 during Winter Storm Fern. The next EIA storage report is due Feb. 12.
Bitcoin 2026 Price Forecast: Futures Market Sees Only a Small Premium After $60,000 Test

Bitcoin 2026 Price Forecast: Futures Market Sees Only a Small Premium After $60,000 Test

Bitcoin rebounded above $65,000 Friday after dipping near $60,000, but remains down nearly 14% for the week, its steepest drop since November 2022. The CME December 2026 bitcoin futures contract hovered around $67,285, showing limited premium. U.S. spot bitcoin ETFs saw over $3 billion in outflows in January. BlackRock’s iShares Bitcoin Trust fell more than 13% Thursday.
Snap stock hovers near $5 in premarket after 13% drop — what investors watch next

Snap stock hovers near $5 in premarket after 13% drop — what investors watch next

Snap shares held at $5.12 in premarket trading Friday after plunging 13.4% Thursday, now down 55% from their 52-week high. The company topped fourth-quarter revenue forecasts but issued a cautious outlook for Q1, projecting up to $1.53 billion in revenue. Volume remained high. Analysts cited concerns over ad growth and competition.
Heating Oil Price Today: ULSD slips in early trade as Iran talks, tight distillates stay in focus

Heating Oil Price Today: ULSD slips in early trade as Iran talks, tight distillates stay in focus

NYMEX heating oil futures fell 0.4% to $2.3830 a gallon in early New York trading Friday. U.S. distillate inventories dropped by 5.6 million barrels last week, hitting 127.4 million, according to the EIA. Traders are watching U.S.-Iran talks in Oman and upcoming inventory data for signals on supply risks. Brent crude edged up 7 cents to $67.62 a barrel.
Oil prices today: Brent steadies near $68 as U.S.-Iran talks in Oman keep traders guessing

Oil prices today: Brent steadies near $68 as U.S.-Iran talks in Oman keep traders guessing

Brent crude edged up 7 cents to $67.62 a barrel by late morning Friday in London, with U.S. WTI also rising 7 cents to $63.36. Prices steadied after Thursday’s sharp drop as traders watched U.S.-Iran talks in Oman for signals on Middle East supply. Saudi Aramco cut its March price for Arab Light crude to Asia to match the Oman/Dubai benchmark.
Strategy’s $12.4B Bitcoin Loss Puts Its ‘Never Sell’ Bet Under Fresh Pressure

Strategy’s $12.4B Bitcoin Loss Puts Its ‘Never Sell’ Bet Under Fresh Pressure

Strategy reported a $12.4 billion net loss for Q4 after bitcoin’s sharp decline slashed asset values. The company held 713,502 bitcoins as of Feb. 1, bought at an average of $76,052 each. Strategy’s stock fell 17% as bitcoin hovered near $63,140. Executives maintained their long-term plan despite the volatility.

Stock Market Today

Rio Tinto stock jumps as Glencore mega-merger is shelved; what to watch next week

Rio Tinto stock jumps as Glencore mega-merger is shelved; what to watch next week

7 February 2026
Rio Tinto’s U.S. shares closed up 2.5% at $93.37 Friday after the company ruled out a merger with Glencore, triggering a six-month “no-bid” lockout under UK takeover rules. Both companies cited disagreements over valuation. Attention now turns to Rio’s Feb. 19 results and iron ore prices, which fell below $100 a tonne amid weak Chinese demand.
iFAST share price drops 3% as markets shut; earnings next week in focus

iFAST share price drops 3% as markets shut; earnings next week in focus

7 February 2026
iFAST shares fell 3.2% to S$9.64 in heavy trading Friday, closing near the day’s low as investors awaited FY2025 results due Feb. 12. The stock is about 13% below its 52-week high. iFAST recently agreed to buy a 30% stake in Financial Alliance for S$19.6 million, pending regulatory approval. Assets under administration stood at S$30.62 billion as of Sept. 30.
Sembcorp Industries share price: what to watch after Friday dip as Feb 25 results near

Sembcorp Industries share price: what to watch after Friday dip as Feb 25 results near

7 February 2026
Sembcorp shares closed at S$6.05 on Friday, down 0.33%, as Singapore’s STI dropped 0.8%. Shareholders approved the A$6.5 billion Alinta Energy takeover on Jan 30, but the deal still faces regulatory and closing conditions. Sembcorp will release FY2025 results on Feb 25 before market open. Trading volume reached about 4.3 million shares.
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