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Stock Market News 1 February 2026

UOL Group Limited stock: Pan Pacific Tianjin sale puts shares on watch ahead of Feb 26 results

UOL Group Limited stock: Pan Pacific Tianjin sale puts shares on watch ahead of Feb 26 results

UOL Group’s unit agreed to sell the 319-room Pan Pacific Tianjin hotel and a basement unit in China for RMB238 million in cash, matching an independent valuation. UOL shares closed at S$10.84 on Friday, down 0.46%. The buyer has paid a 10% deposit, with the remainder due by April 1, 2026. Investors await UOL’s full-year results on Feb 26 for further details on capital plans.
1 February 2026
India Budget 2026: Rs 10,000 crore MSME Growth Fund, TReDS payment fix and a “Reform Express” pledge

India Budget 2026: Rs 10,000 crore MSME Growth Fund, TReDS payment fix and a “Reform Express” pledge

Finance Minister Nirmala Sitharaman on Sunday announced a Rs 10,000 crore SME Growth Fund and a Rs 2,000 crore top-up for the Self-Reliant India Fund to support MSMEs. The budget also targets revival of 200 legacy industrial clusters and links government procurement data with invoice-financing platforms. Indian stocks rose during the rare Sunday session as the budget was presented.
1 February 2026
Hongkong Land stock price at $8.49 as buybacks stay in focus heading into Monday

Hongkong Land stock price at $8.49 as buybacks stay in focus heading into Monday

Hongkong Land closed at $8.49 in Singapore, up 0.12% after buying back 170,000 shares at an average $8.47, according to a London filing. The group had 2.16 billion shares outstanding with no treasury shares. Singapore buybacks have slowed ahead of February earnings. Hong Kong’s economy grew 3.8% in Q4, with property stocks gaining on optimism over U.S. rate cuts and tenant demand.
Palantir Technologies co-founder Peter Thiel ditched Nvidia for Apple and Microsoft — here’s what the filings show

Palantir Technologies co-founder Peter Thiel ditched Nvidia for Apple and Microsoft — here’s what the filings show

Thiel Macro LLC reported no Nvidia shares in its latest U.S. stock filing, after holding 537,742 at end-June 2025. The fund listed stakes in Tesla, Apple, and Microsoft as of September 2025, with U.S. equity holdings dropping to $74.4 million from $212 million three months earlier. The portfolio shift is drawing attention as investors reassess AI exposure before Monday’s market open.
Yangzijiang Shipbuilding share price slips to S$3.34 as risk-off mood builds — what to watch next week

Yangzijiang Shipbuilding share price slips to S$3.34 as risk-off mood builds — what to watch next week

Yangzijiang Shipbuilding fell 1.8% to S$3.34 on Friday, the steepest drop on Singapore’s Straits Times Index, with no company-specific news. About 13.7 million shares changed hands as the STI slipped 0.5%. Asia-Pacific stocks broadly weakened after soft U.S. and European closes. Traders await Monday’s open for signs of further selling or a rebound.

Stock Market Today

Stellantis stock slides 24% after €22 billion EV reset kills 2026 dividend — what to watch next

Stellantis stock slides 24% after €22 billion EV reset kills 2026 dividend — what to watch next

7 February 2026
Stellantis shares plunged 23.7% to $7.28 Friday after the company disclosed about €22.2 billion in charges tied to a reset of its electric-vehicle strategy and said it will skip its 2026 dividend. The automaker flagged a preliminary net loss of €19–21 billion for the second half of 2025. Shares rose 1.6% in late after-hours trading. Investors await Feb. 26 results and a May 21 Investor Day.
Intel stock jumps on China server CPU delays as traders map the week ahead

Intel stock jumps on China server CPU delays as traders map the week ahead

7 February 2026
Intel shares rose 4.87% to $50.59 Friday, trailing gains by Nvidia and Broadcom as chip stocks rallied. Sources said Intel and AMD warned Chinese customers of longer waits and higher prices for some server CPUs, with Intel lead times reaching six months. Intel said China accounts for over 20% of its revenue. Investors await key U.S. jobs and inflation data next week.
IRS tax refund delays? Watchdog flags staffing crunch as 2026 filing season ramps up

IRS tax refund delays? Watchdog flags staffing crunch as 2026 filing season ramps up

7 February 2026
IRS staffing has dropped to 2021 levels as the 2026 tax filing season begins, according to a Treasury watchdog. The agency faces a backlog of about 2 million returns, 129% above pre-pandemic levels. Most e-filers using direct deposit still get refunds within 21 days, but paper filings and amended returns could see delays. The IRS lowered its call-answer target to 70% for this season.
Plug Power stock jumps 12% after vote setback, with Feb 17 share decision in focus

Plug Power stock jumps 12% after vote setback, with Feb 17 share decision in focus

7 February 2026
Plug Power shares rose 11.6% Friday to $2.08 after a sharp drop the previous day, as attention shifted to a Feb. 17 shareholder vote on expanding authorized shares. The company failed to secure enough votes earlier this week and is urging overseas holders to participate. CEO Andy Marsh cited difficulties for European investors in casting ballots. A reverse stock split remains possible if the proposal fails.
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