Australian Bank Stocks Face Pressure Amid Rate Hikes and Upcoming Earnings
Markets Daniel Marsh

Australian Bank Stocks Face Pressure Amid Rate Hikes and Upcoming Earnings

National Australia Bank shares declined 1.6% as the broader ASX 200 fell nearly 2%. Major banks are raising mortgage rates following the RBA's increase, with key financial updates due in February.

CBAUF ANZBY
CSL's Half-Year Results Approach Amid Market Volatility
Earnings James Calloway

CSL's Half-Year Results Approach Amid Market Volatility

CSL Ltd shares edged lower ahead of its half-year financial report and dividend announcement scheduled for February 11, as broader Australian markets experienced significant declines.

CSL
Cyclone Disrupts BHP's Iron Ore Exports Ahead of Key Earnings Report
Commodities Rebecca Torres

Cyclone Disrupts BHP's Iron Ore Exports Ahead of Key Earnings Report

BHP's iron ore shipments face disruption as Cyclone Mitchell forces port closures in Western Australia's Pilbara region. The timing coincides with the miner's upcoming half-year results.

BHP
Northern Star Shares Slip Ahead of Key Half-Year Results and Investor Briefing
Earnings James Calloway

Northern Star Shares Slip Ahead of Key Half-Year Results and Investor Briefing

Northern Star Resources shares declined 1.7% to A$26.77 on Friday, extending a weekly slide as the gold miner prepares to release its FY26 half-year results. Investors await details on costs and production following recent guidance revisions.

NEM GLD
Sprinklr Shares Plunge, Analysts See Undervaluation Amid AI Integration Push
Technology Sarah Chen

Sprinklr Shares Plunge, Analysts See Undervaluation Amid AI Integration Push

Sprinklr stock drops 21% in a month, trading near $6, while analysts estimate intrinsic value around $11. The AI customer experience platform expands AI features as European banks push for faster IPO processes.

CXM
Tower Semiconductor Surges on Nvidia AI Networking Partnership Ahead of Earnings
Technology Sarah Chen

Tower Semiconductor Surges on Nvidia AI Networking Partnership Ahead of Earnings

Tower Semiconductor shares climbed 7.7% to $139.04 following a collaboration announcement with Nvidia on AI data-center optical modules. Investors now await the company's Feb. 11 earnings report for details on the photonics business ramp.

TSEM NVDA
Longsys Issues New Guarantees for Overseas Units, Investors Eye China Data
Technology Sarah Chen

Longsys Issues New Guarantees for Overseas Units, Investors Eye China Data

Longsys Electronics disclosed fresh financial guarantees for subsidiaries in Hong Kong and Brazil, bringing its total approved guarantee quota to 11 billion yuan. Shares closed lower ahead of key Chinese economic data releases this week.

FXI
MACOM Shares Hold Gains After Strong Earnings and Revised Data Center Outlook
Earnings James Calloway

MACOM Shares Hold Gains After Strong Earnings and Revised Data Center Outlook

MACOM stock rose 3.5% to $235.87 following Q1 results and an increased data center growth forecast. Fidelity disclosed a 10.7% stake, while a shareholder filed to potentially sell shares.

MTSI
LONGi Faces Rising IP Costs as Solar Sector Demand Cools
Technology Sarah Chen

LONGi Faces Rising IP Costs as Solar Sector Demand Cools

LONGi Green Energy shares edged higher as a major BC solar patent deal sets a price for key technology, while industry forecasts point to softer Chinese solar installations in 2026.

LONGI
Fabrinet Soars 14% on Strong Earnings, Analyst Upgrades
Earnings James Calloway

Fabrinet Soars 14% on Strong Earnings, Analyst Upgrades

Fabrinet shares surged nearly 14% Friday following a robust quarterly report and multiple analyst target increases. The company exceeded revenue and earnings guidance, with Barclays raising its price target to $548.

FN
OmniVision Greenshoe Exercise Concludes, Shares to Trade Without Stabilization
IPO Michael Okonkwo

OmniVision Greenshoe Exercise Concludes, Shares to Trade Without Stabilization

OmniVision Integrated Circuits announced underwriters partially exercised the over-allotment option, issuing 4.94 million H shares at HK$104.80 each, raising HK$511.2 million. The stabilization period ended February 6.

FXI
Hua Hong Semiconductor Faces Key Shareholder Vote and Earnings Review After Weekly Decline
Technology Sarah Chen

Hua Hong Semiconductor Faces Key Shareholder Vote and Earnings Review After Weekly Decline

Hua Hong Semiconductor's Shanghai-listed shares fell 16% this week ahead of a crucial shareholder vote on a major acquisition and a board meeting to review quarterly results.

FXI MCHI XLK