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NASDAQ:KMT News 13 January 2026 - 4 February 2026

Kennametal stock jumps 7% after earnings beat and outlook raise puts KMT share price back in play

Kennametal stock jumps 7% after earnings beat and outlook raise puts KMT share price back in play

Kennametal shares rose 7.5% Wednesday after the company raised its full-year outlook and reported a 10% jump in quarterly sales to $530 million. The toolmaker credited early customer purchases ahead of tungsten price hikes. Adjusted EPS reached 47 cents, beating analyst estimates. Year-to-date free cash flow fell to $38 million from $57 million.
4 February 2026
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Kennametal stock jumps on Jefferies upgrade as tungsten prices hit fresh highs

Kennametal stock jumps on Jefferies upgrade as tungsten prices hit fresh highs

New York, January 13, 2026, 12:28 EST — Regular session Kennametal Inc shares jumped about 8.4% to $33.32 in midday trading Tuesday after Jefferies upgraded the industrial toolmaker and raised its price target. The stock gained $2.60, hitting a high of $34.14, with volume just over 1 million shares. (TradingView) The timing is tricky for investors: tungsten, crucial for carbide cutting tools, has been surging. On Tuesday, a China benchmark for ammonium paratungstate (APT)—a key intermediate for pricing tungsten—hit 725,000 yuan per metric ton, according to Shanghai Metal Market data. (Metal) Jefferies analyst Stephen Volkmann upgraded Kennametal from Hold to
13 January 2026
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Stock Market Today

Meta stock faces an AI split: ad gains vs a $135 billion bill

Meta stock faces an AI split: ad gains vs a $135 billion bill

7 February 2026
Meta shares dropped 1.3% to $661.46 on Friday after the company projected 2026 capital spending of up to $135 billion, raising investor concerns over cash flow. Meta reported Q4 revenue of $59.89 billion, up 24% year-over-year, with ad impressions rising 18%. Analysts remain divided on whether AI-driven ad gains can offset the steep spending ramp.
IAG share price jumps toward a 52-week peak — what to watch before London reopens

IAG share price jumps toward a 52-week peak — what to watch before London reopens

7 February 2026
IAG shares rose 4.33% to 438.50 pence Friday, near their 52-week high, ahead of full-year results due later this month. The company reported 162,073,135 treasury shares and total voting rights of 4,565,128,012. Brent crude fell 2.2% Thursday to $67.93 a barrel. South Europe Ground Services logged 712,340 operations in 2025 and seeks approval to operate in Portugal.
Binance scoops up 3,600 more Bitcoin for SAFU as BTC whipsaws after brutal selloff

Binance scoops up 3,600 more Bitcoin for SAFU as BTC whipsaws after brutal selloff

7 February 2026
Binance bought 3,600 bitcoin for its Secure Asset Fund, bringing its holdings to 6,230 BTC after bitcoin rebounded above $70,000 following a sharp drop. The broader crypto market lost about $2 trillion since October, with $1 billion in leveraged bitcoin positions liquidated in 24 hours. Strategy reported a wider Q4 loss as bitcoin fell. Gemini will cut up to 200 jobs and exit the UK, EU, and Australia.
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