Today: 7 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.

ASX 200 rebounds as jobs surprise lifts RBA hike bets; Santos leads energy

ASX 200 rebounds as jobs surprise lifts RBA hike bets; Santos leads energy

Australia’s S&P/ASX 200 rose 0.8% to 8,849, snapping a three-day losing streak, as energy and banks advanced but miners fell 1.6%. Santos and South32 each gained about 5%, while Northern Star dropped 8.8% on weak results. The unemployment rate fell to 4.1% and jobs surged by 65,200, lifting rate hike bets. AUSTRAC ordered an external audit of Airwallex over anti-money laundering concerns.
22 January 2026
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PAVmed stock dips premarket after VA contract drives near-double rally in PAVM shares

PAVmed stock dips premarket after VA contract drives near-double rally in PAVM shares

PAVmed shares dropped 3.4% to $11.64 in premarket trading Thursday, following a 94.7% surge the previous session after its Lucid Diagnostics unit secured a U.S. Veterans Affairs contract for the EsoGuard test. Lucid shares fell 10.6% premarket. Investors are seeking details on test rollout and volumes. PAVmed recently completed a 1-for-30 reverse stock split to meet Nasdaq requirements.
22 January 2026
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Sensex Bounce Fades After Trump Tariff U-Turn: Why Nifty Still Can’t Hold 25,300

Sensex Bounce Fades After Trump Tariff U-Turn: Why Nifty Still Can’t Hold 25,300

Indian shares rebounded Thursday, with the Nifty 50 up 0.53% and Sensex gaining 0.49%, after President Trump dropped tariff threats against Europe and Greenland. The rally lost steam as profit-taking and foreign selling weighed, with FIIs net selling ₹1,788 crore. Dr. Reddy’s rose 5.2% on strong earnings, while Eternal fell 2.7% amid quick-commerce sector pressure.
22 January 2026
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Ubisoft stock dives as restructuring reset and game cancellations hit outlook

Ubisoft stock dives as restructuring reset and game cancellations hit outlook

Ubisoft shares fell 33% after the company announced a major restructuring and canceled six games, cutting its 2026 net bookings forecast to 1.5 billion euros and projecting a 1 billion euro operating loss. The company withdrew guidance for fiscal 2026/27. Trading paused at 4.6 euros per share, valuing Ubisoft at 616 million euros. Investors await further details at a Feb. 12 update.
22 January 2026
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Vertex stock jumps 4% as earnings date nears — what traders watch next for VRTX

Vertex stock jumps 4% as earnings date nears — what traders watch next for VRTX

Vertex Pharmaceuticals shares rose 4.31% to $461.14, extending gains for a third session with trading volume above the 50-day average. The company will report fourth-quarter and full-year 2025 results after the U.S. market closes on Feb. 12, followed by a conference call. Director Bruce I. Sachs received 107.088 deferred stock units, according to a Jan. 15 regulatory filing.
22 January 2026
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FedEx stock gets a tug-of-war: downgrade meets $350–$355 targets as freight spin-off looms

FedEx stock gets a tug-of-war: downgrade meets $350–$355 targets as freight spin-off looms

Rothschild Redburn downgraded FedEx to Neutral and raised its price target to $317, citing the planned freight spin-off. Argus and Wolfe Research lifted their FedEx price targets to $350 and $355, respectively, while maintaining positive ratings. FedEx shares closed at $306.95, about 3.7% below their 52-week high. The company aims to complete the FedEx Freight spin-off by June 1, 2026.
22 January 2026
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Beazley Rejects Zurich’s $10bn Takeover Bid as Lloyd’s Plan B Takes Shape

Beazley Rejects Zurich’s $10bn Takeover Bid as Lloyd’s Plan B Takes Shape

Beazley’s board rejected Zurich Insurance’s £8.4 billion all-cash bid at 1,280p per share, calling it a “material undervaluation.” Beazley shares dropped about 3% after the announcement. Zurich faces a UK deadline to confirm or withdraw its offer and is preparing a Lloyd’s syndicate as an alternative entry into the market. Beazley urged shareholders to wait for full-year results due March 4.
22 January 2026
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Moderna stock (MRNA) steadies in premarket after 16% surge on Merck cancer-vaccine data

Moderna stock (MRNA) steadies in premarket after 16% surge on Merck cancer-vaccine data

Moderna shares held steady at $49.81 premarket Thursday after surging 15.8% on five-year melanoma data for its cancer vaccine with Merck. The vaccine-Keytruda combo cut recurrence or death risk by 49% versus Keytruda alone. U.S. vaccine-policy uncertainty is adding risk for the sector. Investors await Moderna’s Feb. 13 earnings call for updates on oncology data and 2026 sales.
22 January 2026
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Diageo share price climbs in London as Barclays, Jefferies stick with Buy calls ahead of Feb 25 results

Diageo share price climbs in London as Barclays, Jefferies stick with Buy calls ahead of Feb 25 results

Diageo shares rose 0.5% in early London trading Thursday after a 2.6% gain the previous day, though the stock remains down 31% over the past year. The company reaffirmed its 2026 outlook, expecting flat or slightly lower organic net sales and low-to-mid single-digit profit growth. United Spirits, Diageo’s Indian arm, reported a 12% profit jump on strong premium sales. Interim results are due Feb. 25.
22 January 2026
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LSEG share price dips in early London trade after fresh buyback update — here’s what investors are watching

LSEG share price dips in early London trade after fresh buyback update — here’s what investors are watching

London Stock Exchange Group shares slipped 0.5% to 8,736 pence by mid-morning Thursday after announcing a fresh buyback. The move followed a 2.2% drop Wednesday, underperforming the FTSE 100. Deutsche Boerse’s 5.35 billion euro Allfunds deal kept sector M&A in focus. Investors await the Bank of England’s Feb. 5 meeting and LSEG’s full-year results on Feb. 26.
22 January 2026
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Stock Market Today

  • Nasdaq and S&P Futures Retreat as Semiconductor Stocks Weaken Ahead of Payroll Report
    June 6, 2026, 9:36 PM EDT. U.S. stock index futures, including Nasdaq and S&P, slipped on Friday, driven by losses in semiconductor stocks after recent gains. Investors exhibited caution ahead of the May employment report, which is expected to influence Federal Reserve monetary policy decisions. The labor data will be closely watched for signs on inflation and economic health, impacting future market movements.

Latest articles

UiPath Stock Set for Inflation Test After Swings in AI-Driven Trading

UiPath Stock Set for Inflation Test After Swings in AI-Driven Trading

7 June 2026
UiPath shares fell 3.68% to $11.24 Friday, wiping out Monday’s 11.77% rally despite reporting 17% revenue growth and its first-ever first-quarter GAAP profit, as a broader tech selloff and persistent analyst “Hold” ratings outweighed strong guidance and new customer wins.
Caterpillar flat at end of strong week, inflation on radar

Caterpillar flat at end of strong week, inflation on radar

7 June 2026
Caterpillar tumbled 3.85% Friday to $904.28 after hitting a 52-week high, as a strong jobs report sent Treasury yields soaring and triggered a broad market selloff; despite the drop, Caterpillar remains up 3.2% for the week, with investors now weighing its record backlog and first-quarter growth against rising rate risks and a more cautious market.
Nuclear decision gives Constellation boost, but CEG stock slides

Nuclear decision gives Constellation boost, but CEG stock slides

7 June 2026
Constellation Energy shares closed at $254.83, down 3.7% and 11% below the $287.75 price in last week’s prospectus, after a shareholder offering and despite a regulatory win for its Three Mile Island restart plan; investors now face a weekend to digest new stock supply, rate worries, and nuclear project risks before Monday’s open.
Portnoy’s Bitcoin, XRP Losses Mount In $390B Crypto Drop

Portnoy’s Bitcoin, XRP Losses Mount In $390B Crypto Drop

7 June 2026
Strategy’s surprise sale of 32 Bitcoin for $2.5 million to fund preferred stock distributions rattled investors, raising fears it may sell more to meet obligations, as Bitcoin and Ether posted their worst weekly losses since 2022 and crypto-linked stocks like Coinbase and Robinhood plunged up to 11% amid a $390 billion market wipeout.
Bitcoin Hits $60,000 As Crypto Selloff Deepens

Bitcoin Drops as ETF Outflows Mount, $60,000 Support Weakens

7 June 2026
Bitcoin plunged below $60,000 for the first time since October 2024, triggering $4.4 billion in spot ETF outflows and a rare bitcoin sale by Strategy, while crypto-linked stocks tumbled and analysts warned that further drops below $59,750 could spark more selling pressure or a deeper slide.
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