Today: 6 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.

SSE stock price edges up in London as Europe doubles down on 100GW North Sea wind plan

SSE stock price edges up in London as Europe doubles down on 100GW North Sea wind plan

SSE shares rose 0.2% to 2,326 pence by 0902 GMT after securing a 20-year contract for 1.4 GW of offshore wind in the UK’s latest CfD auction. The company’s Berwick Bank project will receive £89.49 per megawatt hour, inflation-adjusted. SSE’s market cap stood near £27.9 billion. Britain and other European countries plan to sign a pact Monday for 100 GW of joint offshore wind projects.
Ashtead shares slip in London: AHT investors eye Fed week and the March buyback clock

Ashtead shares slip in London: AHT investors eye Fed week and the March buyback clock

Ashtead Group shares fell 1.1% to 5,168 pence in early London trading Monday, extending recent volatility. Investors are watching for the U.S. Federal Reserve’s rate decision Wednesday and updates on Ashtead’s planned U.S. listing and March 2 buyback launch. The company earns most revenue in North America and is sensitive to U.S. economic shifts.
Bigger tax refunds in 2026? IRS opens filing season as Trump tax breaks hit returns

Bigger tax refunds in 2026? IRS opens filing season as Trump tax breaks hit returns

The IRS began accepting 2025 federal tax returns Monday, requiring a new Schedule 1-A for several deductions under Trump’s tax law. Refunds may rise sharply, with the average projected at $3,800, as employers used outdated withholding tables. New deductions include extra amounts for seniors, reported tips, and overtime. The IRS urges e-filing and direct deposit to speed refunds.
26 January 2026
British American Tobacco share price ticks up after buyback update — what to watch before Feb 12 results

British American Tobacco share price ticks up after buyback update — what to watch before Feb 12 results

British American Tobacco shares rose 0.4% to 4,344 pence in early London trading Monday after the company disclosed it bought back 101,395 shares on Jan. 23 at prices between 4,295 and 4,339 pence. BAT extended its buyback program by up to £1.3 billion for 2026 and will cancel the repurchased shares. The board declared an interim dividend of 240.24 pence per share, with the final payment set for Feb. 4, 2026.
Aviva share price rebounds in early London trade after Friday’s slide — what’s next for AV.L

Aviva share price rebounds in early London trade after Friday’s slide — what’s next for AV.L

Aviva shares rose 1.8% to 630.4 pence in early London trading Monday, partially rebounding from Friday’s 5.17% drop. The stock remains about 11.6% below its Jan. 6 high after heavy trading late last week. Investors are watching for March 5 results and updates on the Direct Line integration. Aviva will launch unlimited 24/7 digital GP appointments for policyholders starting Jan. 29.
26 January 2026
BP share price rises as oil firms on storm disruption and Iran risk, with earnings next in focus

BP share price rises as oil firms on storm disruption and Iran risk, with earnings next in focus

BP shares rose about 1% to 448.05 pence in early London trading Monday, tracking gains in oil and gas prices after U.S. winter storms cut output and geopolitical tensions lifted Brent crude to $66.30 a barrel. U.S. natural gas futures surged 70% over the week to $5.35 per MMBtu. BP’s earnings report is due Feb. 10, with investors focused on impairment charges and cash flow.
26 January 2026
Glencore share price: production report and Rio Tinto deal clock keep GLEN.L in focus

Glencore share price: production report and Rio Tinto deal clock keep GLEN.L in focus

Glencore shares rose 2.2% Friday to 501 pence ahead of its full-year production report due Thursday. Rio Tinto is weighing a bid for Glencore, with a Feb. 5 deadline for a formal offer under UK takeover rules, according to Reuters. Barclays disclosed stakes in Glencore above the 1% threshold. Volatility in metals and currencies is rattling miners and traders.
Rolls-Royce share price today: what to watch before London opens for RR.L

Rolls-Royce share price today: what to watch before London opens for RR.L

Rolls-Royce shares closed 0.7% higher at 1,253p in London Friday, with trading volume at 37.1 million. The stock sits about 4% below its 52-week high, up 105% over the past year. Investors are watching a £200 million buyback running through Feb. 24 and full-year results due Feb. 26. Fresh warnings from Airbus have highlighted ongoing aviation supply-chain strains.
26 January 2026
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Stock Market Today

  • SolarEdge Technologies (SEDG) Dives 14% Amid Overvaluation Concerns and Market Volatility
    June 6, 2026, 5:59 AM EDT. SolarEdge Technologies (SEDG) shares plunged about 14% in a single day, following a strong 30-day price gain of 55.55% and year-to-date rise exceeding 100%. The stock trades at $63.17, notably above its narrative fair value estimate of $39.71, indicating it may be overvalued by 59.1%. Analysts attribute the high valuation to optimistic U.S. policy expectations, including manufacturing and storage credits, despite risks like the scheduled removal of the 25D residential solar tax credit in 2026 which could dent demand. At a price-to-sales (P/S) ratio of roughly 3x, SolarEdge remains below industry peers but faces margin and growth execution challenges. Investors eye potential scenario shifts, such as extended tax incentives and increased storage adoption, that could alter the outlook.

Latest articles

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 06.06.2026

6 June 2026
LIVEMarkets rolling coverageStarted: June 6, 2026, 4:00 AM EDTUpdated: June 6, 2026, 6:20 AM EDT SolarEdge Technologies (SEDG) Dives 14% Amid Overvaluation Concerns and Market Volatility June 6, 2026, 5:59 AM EDT. SolarEdge Technologies (SEDG) shares plunged about 14% in a single day, following a strong 30-day price gain of 55.55% and year-to-date rise exceeding 100%. The stock trades at $63.17, notably above its narrative fair value estimate of $39.71, indicating it may be overvalued by 59.1%. Analysts attribute the high valuation to optimistic U.S. policy expectations, including manufacturing and storage credits, despite risks like the scheduled removal of the
Rigetti Stock Drops After Quantum Surge Stalls on Wall Street Rate Jolt

Rigetti Stock Drops After Quantum Surge Stalls on Wall Street Rate Jolt

6 June 2026
Rigetti Computing plunged 14.5% to $20.68 as tech stocks tumbled after strong May payrolls fueled fears of prolonged high U.S. rates, pressuring long-duration names; the selloff highlights risks tied to government funding, potential equity dilution, and uncertain commercial milestones, with Rigetti posting a $26 million Q1 operating loss and $4.4 million revenue despite recent product and funding announcements.
POET Technologies Stock Drops Sharply as Investors Watch

POET Technologies Stock Drops Sharply as Investors Watch

6 June 2026
POET Technologies plunged 23% to $11.86 amid a semiconductor selloff, as investors weighed execution risks after a $400 million capital raise, a $50 million Lumilens order, and recent turbulence from Marvell’s canceled purchase orders, with dilution and tax-status questions adding pressure.
Flex grabs S&P 500 spot but shares drop

Flex grabs S&P 500 spot but shares drop

6 June 2026
Flex will join the S&P 500 on June 22, drawing investor focus to its surging AI data-center power unit and planned spin-off, even as shares fell 4.8% to $151.92 amid a tech selloff; CPI sales jumped 38% to $6.61 billion in fiscal 2026, now 24% of total revenue, but margin slipped 100 basis points due to ramp-up costs and product mix.
Intel shares hit as AI chip slump wipes out $1.3 trillion

Intel shares hit as AI chip slump wipes out $1.3 trillion

6 June 2026
Intel plunged 11.4% to $99.17 on heavy volume as the PHLX Semiconductor Index suffered its worst drop since March 2020, wiping out $1.3 trillion in U.S. chipmaker market value, overshadowing Intel’s new AI partnership with Foxconn amid sector-wide selling triggered by Broadcom’s guidance and renewed Fed rate hike fears.
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