Today: 5 June 2026

Shan Ahmed Khan

As a journalist focused on finance and the stock market, he delivers fast, reliable, and easy-to-understand coverage of market news.

OCBC stock price inches up as Citi-backed securities-lending launch keeps focus on Feb earnings

OCBC stock price inches up as Citi-backed securities-lending launch keeps focus on Feb earnings

OCBC shares rose 0.23% to S$21.34 in Singapore trading Thursday, with about 1.8 million shares changing hands. The bank launched a securities-lending program via Citi, aiming to expand to more clients by 2026. RHB raised its target price for OCBC to S$21.30, expecting single-digit earnings growth and a 60% dividend payout. OCBC will report full-year 2025 results on Feb. 25.
29 January 2026
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Yangzijiang Shipbuilding share price rises after Evergreen order report; what investors watch next

Yangzijiang Shipbuilding share price rises after Evergreen order report; what investors watch next

Yangzijiang Shipbuilding shares rose 0.9% to S$3.38 in Singapore after reports linked the company to new container-ship orders from Evergreen Marine. Evergreen’s Singapore unit agreed to buy seven 5,900-TEU ships from Yangzijiang’s yard, each priced up to $82 million, as part of a $1.47 billion order program. Trading volume reached 13.6 million shares by 2:47 p.m.
29 January 2026
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Gold price above $5,500 and silver near $120 — what’s behind the record rush

Gold price above $5,500 and silver near $120 — what’s behind the record rush

Gold hit a record $5,591.61 an ounce Thursday, with silver reaching $119.34, as investors sought safety amid geopolitical and economic tensions. Banks raised price forecasts but warned of risks of sharp reversals. President Trump announced new tariffs on South Korean imports, and the U.S. faces a funding deadline. The Federal Reserve held rates steady, citing persistent inflation above target.
29 January 2026
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Paladin Energy share price rises as Kopernik slips below 5% stake, uranium hits $98

Paladin Energy share price rises as Kopernik slips below 5% stake, uranium hits $98

Paladin Energy shares closed up 1.4% at A$14.14 after Kopernik Global Investors disclosed it cut its stake below Australia’s 5% substantial holder threshold. Kopernik reported 8.7 million shares involved in the sale. Paladin’s stock is up about 45% year-to-date, tracking uranium prices, which hit US$98 a pound Thursday. The company reported a 16% jump in quarterly production and will release interim results Feb. 12.
29 January 2026
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Florida House moves to cap property tax hikes — and voters say insurance relief comes first

Florida House moves to cap property tax hikes — and voters say insurance relief comes first

Florida’s House Ways & Means Committee advanced HJR 213, a measure to slow the growth of assessed property values for local non-school taxes. House staff warned the change could cut local tax revenue by $1.7 billion in fiscal 2027-28. The proposal would cap increases on homestead assessments at 3% over three years. Maui County set a Feb. 20 deadline for the second installment of its 2025–26 property taxes.
29 January 2026
Why Sensex is falling today: Fed pause, rupee record low and Budget nerves hit Nifty

Why Sensex is falling today: Fed pause, rupee record low and Budget nerves hit Nifty

Indian shares fell Thursday, ending a two-day rally, as IT and auto stocks weighed on benchmarks ahead of Sunday’s federal budget. The Nifty 50 dropped 0.61% and the Sensex lost 0.71%. The rupee hit a record low near 92 per dollar amid continued foreign investor outflows. Market volatility rose, with India VIX up nearly 4%.
29 January 2026
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Mineral Resources (ASX:MIN) stock drops 4.5% despite lithium guidance upgrade — what to watch next

Mineral Resources (ASX:MIN) stock drops 4.5% despite lithium guidance upgrade — what to watch next

Mineral Resources shares fell 4.5% to A$60.56 after the company raised its FY26 lithium output forecast. The miner shipped 8.7 million tonnes of iron ore in the quarter and cut net debt to about A$4.9 billion. MinRes warned of a possible non-cash impairment as it reviews acquired assets. A US$765 million lithium deal with POSCO remains subject to regulatory approval.
29 January 2026
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Stock Market Today

  • SpaceX IPO Set to Challenge US Stock Market Rally Amid Inflation Fears
    June 5, 2026, 5:27 PM EDT. The highly anticipated SpaceX initial public offering (IPO) is expected next week, aiming to raise $75 billion at a valuation of $1.75 trillion. This blockbuster IPO, the largest ever, coincides with a cautious U.S. stock market facing inflation concerns and potential Federal Reserve interest rate hikes. The S&P 500 fell after nine weeks of gains, pressured by strong jobs data and a semiconductor selloff. SpaceX's diverse business spans rockets, satellite communications, and AI computing. Despite a $4.94 billion net loss in 2025, revenues rose 33% to $18.67 billion. Market watchers see the IPO as a key litmus test for investor appetite amid geopolitical tensions and the growing AI sector, with more mega IPOs from AI firms Anthropic and OpenAI expected to follow.

Latest articles

Scage Future Stock Almost Triples After Multiple Trading Halts

Scage Future Stock Almost Triples After Multiple Trading Halts

5 June 2026
Scage Future ADSs soared 194.58% to $0.8431 on record volume and two volatility pauses, defying a 4.18% Nasdaq plunge, but slid 19.71% after hours as the company flagged ongoing losses, going-concern doubts, and warned that future fundraising could dilute shareholders.
Newmont Stock Just Took a Double Hit — Gold Slumped and Wall Street Sold Off

Newmont Stock Just Took a Double Hit — Gold Slumped and Wall Street Sold Off

5 June 2026
Newmont Corp. shares plunged nearly 8% to $99.71 as gold prices tumbled 3% after strong U.S. jobs data dashed hopes for easier Fed policy, sending Treasury yields higher and pressuring gold miners; trading volume jumped, and Newmont now sits about 26% below its 52-week high, with rising costs and lower Q2 output flagged by management.
Azul claims cargo shipping time can drop from 10 days to 3 days

Azul claims cargo shipping time can drop from 10 days to 3 days

5 June 2026
Azul Logística has launched a dedicated Campinas–Porto Velho freighter route, slashing delivery times to Brazil’s North from over 10 days to as little as 3–4, as part of its post-bankruptcy push for “responsible growth”; investors should watch load factors and demand, as success hinges on filling new Airbus A321P2F flights amid fierce competition and infrastructure challenges.
Dow closes as strong jobs numbers snap string of records

Dow closes as strong jobs numbers snap string of records

5 June 2026
A blowout May jobs report sent the Dow plunging 1.3% to 50,880 and the Nasdaq nearly 4% as investors braced for tighter Fed policy, with chip stocks like Nvidia, Broadcom, and Micron leading an 8% drop in the semiconductor index, erasing hopes for rate cuts and triggering a broad tech selloff.
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