Today: 3 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.

Fortescue share price edges up as Wyloo North mine faces public comment, with results next week

Fortescue share price edges up as Wyloo North mine faces public comment, with results next week

Fortescue shares closed up 0.5% at A$20.20 Wednesday as Western Australia’s EPA opened a week-long public comment period for the proposed Wyloo North iron ore mine. The EPA described the project as a 13-year open-cut operation with groundwater pumping and up to 4,954.5 hectares of disturbance. Investors await the Feb. 23 comment deadline and Fortescue’s half-year results on Feb. 25.
18 February 2026
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Pro Medicus share price drops again as insiders buy — what ASX:PME traders watch next

Pro Medicus share price drops again as insiders buy — what ASX:PME traders watch next

Pro Medicus shares fell 2.35% to A$123.00 Wednesday, extending a 43% drop for 2026 despite the S&P/ASX 200 closing higher. Directors Anthony Glenning and Deena Shiff bought shares on Feb. 13. The company reported half-year revenue of A$124.8 million and statutory profit after tax of A$171.2 million, boosted by a fair-value gain. Pro Medicus declared a 32-cent interim dividend, ex-dividend Feb. 26, payable March 20.
18 February 2026
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Northern Star share price slips after ASX close as gold swings near $5,000

Northern Star share price slips after ASX close as gold swings near $5,000

Northern Star Resources closed down 0.7% at A$28.02 in Sydney on Wednesday, tracking gold’s rebound from a one-week low. The stock traded between A$27.52 and A$28.02 amid thin holiday liquidity and no new company news. Gold steadied above $4,850 an ounce as traders awaited U.S. Fed minutes and inflation data. The S&P/ASX 200 rose 0.5%, but gold miners lagged.
18 February 2026
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BlueScope Steel (ASX:BSL) share price jumps on revised SGH takeover offer — what investors watch next

BlueScope Steel (ASX:BSL) share price jumps on revised SGH takeover offer — what investors watch next

BlueScope Steel shares rose 2.6% to A$28.74 after confirming it is reviewing a revised A$32.35 per share cash takeover proposal from SGH and Steel Dynamics. The offer remains about 11% above the closing price, reflecting market doubts. BlueScope posted first-half net profit of A$391 million and forecast higher earnings, while the board said no action is required and there is no certainty of a deal.
18 February 2026
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Woodside Energy share price edges up after reserves update; eyes turn to Feb 24 results

Woodside Energy share price edges up after reserves update; eyes turn to Feb 24 results

Woodside Energy closed up 0.4% at A$25.94 after releasing its annual reserves statement showing proved reserves fell to 1,882.1 MMboe at end-2025 from 1,975.7 MMboe a year earlier. Excluding production and divestments, proved reserves rose by 134.1 MMboe, supported by technical work and project approvals. The company produced 211.4 MMboe in 2025. Full-year results are due Feb. 24.
18 February 2026
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Macquarie share price ends higher after $685 million IHS tower deal — what MQG investors watch next

Macquarie share price ends higher after $685 million IHS tower deal — what MQG investors watch next

Macquarie shares closed up 0.6% at A$219.60 after its asset management arm agreed to buy IHS Towers’ South American tower portfolio for $685 million. The deal is expected to close later in 2026. IHS Towers is exiting Latin America and said the portfolio includes about 8,860 sites. Macquarie’s next major event is its full-year results on May 8.
18 February 2026
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BHP share price slips after record rally as dividend dates and copper shift grab focus

BHP share price slips after record rally as dividend dates and copper shift grab focus

BHP Group fell 0.9% to A$52.29 in Sydney on Wednesday, retreating after a record-high surge on Tuesday following a half-year profit and dividend beat. The miner set an interim dividend of 73 U.S. cents, with an ASX ex-dividend date of March 5. Investors weighed a $4.3 billion silver streaming deal and rising copper guidance against weaker iron ore prices. The S&P/ASX 200 rose 0.5% as materials lagged.
18 February 2026
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Commonwealth Bank shares slip as CBA trades ex-dividend; what to watch next on ASX

Commonwealth Bank shares slip as CBA trades ex-dividend; what to watch next on ASX

Commonwealth Bank of Australia shares closed down 0.65% at A$176.88 after trading ex-dividend for an interim payout of A$2.35 per share. The decline followed a strong run earlier in February after record first-half earnings. Investors focused on sector margins and loan growth as National Australia Bank hit a record high. CBA’s net interest margin slipped to 2.04% amid rising competition.
18 February 2026
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Weir Group PLC shares slide 2% as Capital Group tops 10% and miners’ project updates stack up

Weir Group PLC shares slide 2% as Capital Group tops 10% and miners’ project updates stack up

Weir Group shares fell 2.2% to 3,434 pence in early London trading, retreating from last week’s 52-week high. The Capital Group Companies raised its stake to over 10%, according to a regulatory filing. Weir reported installing China’s largest mill circuit slurry pump at a copper site in Tibet and expanded its screens manufacturing hub in South Africa.
17 February 2026
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Why Antofagasta shares fell on a record $5.2 billion profit day — dividend, debt and 2026 guidance

Why Antofagasta shares fell on a record $5.2 billion profit day — dividend, debt and 2026 guidance

Antofagasta shares fell 3.4% by 0820 GMT after reporting record annual core profit and raising its final dividend to 48 U.S. cents per share. Revenue rose 30% to $8.62 billion in 2025, but copper output dropped 2% and net debt climbed to $2.75 billion. The miner kept 2026 output guidance unchanged as investors weighed rising costs and project risks.
17 February 2026
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Ashtead share price slips as NYSE switch nears and a balance-sheet tweak pops up

Ashtead share price slips as NYSE switch nears and a balance-sheet tweak pops up

Ashtead Group shares fell 0.9% in early London trading after the company flagged a $549.2 million debt reclassification ahead of its March 2 move to a New York primary listing. The company said the adjustment has no impact on net assets or cash flow. Ashtead repurchased 84,833 shares on Feb. 16. Trading volume remained below average as investors await the listing switch.
17 February 2026
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Snap Lags Nasdaq, Turnaround Pressure Rises

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Quantum computing stocks face a holiday week after IonQ stake filing and a Rigetti downgrade

IonQ Stock Jumped Again. A Giant Quantum IPO Is Putting the Trade on Trial

3 June 2026
IonQ shares closed up 3.1% at $71.40 before slipping 1.3% after hours as traders positioned ahead of Quantinuum’s upsized IPO, which seeks up to $1.46 billion at a $14.3 billion valuation; IonQ’s Q1 revenue surged 755% to $64.7 million with a raised 2026 outlook, but a $271.5 million operating loss and guidance for continued high expenses highlight risks as Wall Street awaits new sector benchmarks.
Xos Surges After Hours as Data-Center Power Play Hits Tape

Xos Surges After Hours as Data-Center Power Play Hits Tape

3 June 2026
Xos shares soared 135.8% to $5.26 in after-hours trading after launching a 2.5MWh Power Hub for data centers facing grid delays, but the company warned of "substantial doubt" about its ability to continue as a going concern, with just $9.8 million in cash at March 31 and no large orders yet announced for the new product.
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