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Credo Technology Surges on Upbeat Revenue Outlook, AI Demand in Focus
Credo Technology shares soared in premarket trading after the company issued a strong preliminary revenue forecast for its fiscal third quarter and projected over 200% growth for fiscal 2026.
Oracle Surges on Analyst Upgrade Amid $50 Billion Fundraising Plan
Oracle shares rallied nearly 10% after D.A. Davidson upgraded the stock, easing concerns over its OpenAI exposure. The company plans to raise up to $50 billion in 2026 through debt and equity offerings.
30-Year Mortgage Rates Hold Steady Near 6% as Fed Pause Extends
The average 30-year fixed mortgage rate remained at 5.99% this week, with limited movement as the Federal Reserve's next meeting is not until March. A survey indicates most buyers would reconsider plans if rates climb above 6%.
Ether Dips as Enterprise Blockchain Shifts to Supply Chain and ESG Applications
Ether declined 1% early Tuesday while Bitcoin held steady. Industry focus is pivoting from trading to practical uses like emissions tracking and digital loyalty tokens.
TSMC Shares Surge on Record January Revenue, AI Demand in Focus
Taiwan Semiconductor Manufacturing Co. shares climbed 3.6% after reporting record January sales of NT$401.26 billion, a 36.8% annual increase. Investors are monitoring whether AI hardware demand will sustain the momentum.
Imperial Brands Shares Dip Amid FTSE Weakness, Dividend Date in Focus
Imperial Brands shares fell 1.1% in early London trading, tracking a softer FTSE 100. Investors are eyeing the company's upcoming ex-dividend date on February 19.
Compass Group Shares Hover Near Multi-Year Low Amid AI and Office Demand Concerns
Compass Group shares remain under pressure near 2026 lows as investors weigh AI's threat to office catering contracts, despite the firm reaffirming full-year profit guidance and posting 7.3% organic revenue growth.
3i Group Shares Extend Losses Amid Rate Uncertainty and Action Focus
3i Group shares fell further in early London trading, extending Monday's decline as investors weigh interest rate risks and await Action's upcoming capital markets event.
ICG Shares Dip Amid Asia-Pacific Leadership Appointment
ICG plc shares declined 1.1% in London trading following the appointment of a new Asia-Pacific corporate strategy head. The alternative asset manager reported $127 billion in assets under management.
Standard Chartered Shares Drop on Sudden CFO Departure Ahead of Earnings
Standard Chartered shares fell sharply in London trading after CFO Diego De Giorgi resigned immediately. The bank named an interim finance chief as investors await full-year results later this month.
Vodafone Gains on Buyback and Egypt Spectrum Investment
Vodafone shares advanced 1.1% as the company disclosed a new share repurchase and a $350 million spectrum acquisition plan in Egypt. Analysts at LBBW raised their price target to 120 pence.
Beazley Shares Trade Below Zurich's Offer as Key Investors Emerge
Beazley shares traded 0.48% lower at 1,239p, remaining under Zurich's proposed 1,335p per share offer. Recent filings reveal Vanguard and Norges Bank hold significant stakes as the February 2026 deadline approaches.