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.

Lloyds share price near 102p: what could move LLOY.L at the London open

Lloyds share price near 102p: what could move LLOY.L at the London open

Lloyds Banking Group closed Monday at 102.30 pence, near recent highs, after filing a share plan ahead of full-year results due January 29. The FTSE 100 fell 0.4% as Trump’s tariff threats hit sentiment. UK payrolls dropped by 43,000 in December, fueling bets on a 2026 Bank of England rate cut. Lloyds still faces uncertainty over an £800 million charge from the motor finance mis-selling scandal.
20 January 2026
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OpenAI CFO Sarah Friar lifts lid on $20B revenue run rate as 2026 shifts to “practical adoption”

OpenAI CFO Sarah Friar lifts lid on $20B revenue run rate as 2026 shifts to “practical adoption”

OpenAI’s annualized revenue run rate reached $20 billion in 2025, up from $6 billion in 2024, CFO Sarah Friar said. Compute capacity rose to 1.9 gigawatts, nearly tripling from the previous year. Friar said 2026 will focus on practical adoption in health, science, and enterprise, with more emphasis on AI agents and workflow automation. No profit or cash-flow figures were disclosed.
20 January 2026
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IEX share price slides as India holds firm on market coupling ahead of APTEL hearing

IEX share price slides as India holds firm on market coupling ahead of APTEL hearing

IEX shares fell 1.47% to 137.1 rupees Monday after the power minister said there was no change in market coupling policy. The Electricity Appellate Tribunal is set to review IEX’s challenge to a July 2025 order mandating day-ahead market coupling. Regulators warn the move could centralize power price-setting and disrupt competition. IEX alleges regulatory flaws and insider trading in its legal filings.
20 January 2026
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UOL stock jumps 2% on SGX as property names rally; URA data and rates in focus

UOL stock jumps 2% on SGX as property names rally; URA data and rates in focus

UOL Group shares rose 2.2% to S$10.28 by mid-afternoon Tuesday, bucking a 0.2% drop in the Straits Times Index. The move followed Colliers’ report of SGD 36.1 billion in 2025 property investment sales and forecasts of further gains. Traders are awaiting URA’s Q4 property data due Jan. 23. UOL recently won a S$1.5 billion government site tender at Hougang Central.
20 January 2026
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Trump’s Truth Social ‘America First’ ETFs hit NYSE as Trump Media’s new investing push draws scrutiny

Trump’s Truth Social ‘America First’ ETFs hit NYSE as Trump Media’s new investing push draws scrutiny

Five Truth Social-linked ETFs debuted on the New York Stock Exchange last week, expanding Trump Media’s reach into finance. The company also launched four Truth Social-branded investment strategies through Yorkville and Index Technologies Group. Ethics advocates and Democrats say these moves deepen conflict-of-interest concerns involving President Donald Trump. The White House denies any conflicts.
20 January 2026
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ST Engineering (S63) share price drops in Singapore trade as Airshow 2026 nears, FY2025 results loom

ST Engineering (S63) share price drops in Singapore trade as Airshow 2026 nears, FY2025 results loom

ST Engineering shares fell 1.3% to S$9.51 by mid-afternoon Tuesday, after closing at S$9.64 on Monday. The move follows a technical pullback as traders watch for the Singapore Airshow starting Feb. 3 and the company’s FY2025 results on Feb. 26. The stock remains near its 52-week high and above average analyst targets. Investors are monitoring the company’s order book and the fallout from last year’s S$667 million impairment.
20 January 2026
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SGX share price slips as Singapore Exchange pushes new Japan bond futures ahead of BOJ meeting

SGX share price slips as Singapore Exchange pushes new Japan bond futures ahead of BOJ meeting

Singapore Exchange shares fell 1.1% to S$17.42 Tuesday afternoon after announcing the launch of 20-year mini Japanese government bond futures, set to begin trading January 26. The move comes ahead of the Bank of Japan’s policy decision on January 23, which has triggered volatility in Japanese rates markets. SGX shares closed Monday at S$17.61, down 0.5% from the previous session.
20 January 2026
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OCBC stock price ticks up as Bank of Singapore names new CFO and investors eye Feb 25 results

OCBC stock price ticks up as Bank of Singapore names new CFO and investors eye Feb 25 results

OCBC shares rose 0.1% to S$20.33 Tuesday, outperforming other major Singapore banks as DBS fell 0.8% and UOB slipped 0.3%. Bank of Singapore named Collins Chin as global CFO, effective immediately. OCBC allocated 42,747 treasury shares, worth about S$640,705, to employee schemes. The bank will report full-year 2025 results on Feb. 25 before market open.
20 January 2026
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Macquarie shares drop 1.8% as buyback update hits the tape; what to watch next

Macquarie shares drop 1.8% as buyback update hits the tape; what to watch next

Macquarie Group shares fell 1.82% to A$206.97 Tuesday, underperforming the S&P/ASX 200 as financial stocks slid. The company extended its on-market buyback to November 2026, with A$1.013 billion repurchased so far out of a planned A$2 billion. Macquarie also disclosed it is no longer a substantial holder in Downer EDI. Investors await an operational briefing on February 10.
20 January 2026
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Stock Market Today

  • Investors Favor VanEck Semiconductor ETF Over Palantir Amid AI Stock Sell-Off
    June 7, 2026, 9:51 AM EDT. Palantir Technologies (NASDAQ: PLTR) stock fell about 20% year-to-date to around $140 despite posting an 85% revenue increase and a 306% jump in net income, with shares trading at a steep price-to-earnings ratio (P/E) of 180. The drop followed a strong earnings report, reflecting investor concerns over its lofty valuation. In contrast, the VanEck Semiconductor ETF (NASDAQ: SMH), which tracks 25 major U.S. semiconductor stocks including Nvidia and Taiwan Semiconductor, rose 76% year-to-date and has posted a 10-year average annual return of 66%. Trading at a more moderate P/E of 49, SMH offers exposure to AI chipmakers poised for growth in AI computing, presenting a less risky route for investors seeking gains in the artificial intelligence sector.

Latest articles

Keel Shares Tumble After $400 Million AI Infrastructure Move

Keel Shares Tumble After $400 Million AI Infrastructure Move

7 June 2026
Keel Infrastructure shares plunged 13.49% to $5.13 after upsizing its convertible note sale to $400 million, testing investor confidence as the company shifts from bitcoin mining to AI data centers amid a tech selloff and ongoing operating losses.
Intel Shares Sink After Heavy Drop—What’s Ahead for INTC Stock

Intel Shares Sink After Heavy Drop—What’s Ahead for INTC Stock

7 June 2026
Intel shares plunged 11.4% to $99.17 on Friday amid a 10.3% drop in the PHLX Semiconductor Index—its worst day since March 2020—as a strong May jobs report fueled fears of prolonged Fed rate hikes, while disappointing AI-chip outlooks from peers hit chip stocks hard despite Intel announcing new AI-focused partnerships with Hitachi and Foxconn.
Nokia drops after fast AI rally, traders stay focused

Nokia’s Week Stays Unsettled as AI Optimism Hits Debt Check

7 June 2026
Nokia shares plunged 5.87% Friday to €13.08 after issuing €500 million in new debt to refinance 2028 notes, as investors weighed AI stock volatility and awaited key London investor meetings June 10; despite the drop, shares remained up 4.72% for the week, with analysts citing both AI-driven growth and risks from competitive and cost pressures.
Nvidia Shares Drop Hard; AI Trade Faces Test Monday

Nvidia Shares Drop Hard; AI Trade Faces Test Monday

7 June 2026
Nvidia lost over $300 billion in value Friday as a chip stock rout hit after a strong jobs report fueled Fed rate hike fears; shares fell 6.2% to $205.10, despite record revenue and bullish forecasts, with traders bracing for Monday’s open amid concerns higher rates and AI-linked IPOs could draw cash away from chip leaders.
American Airlines Stock Bounced. Fuel Costs May Drive the Next Move

American Airlines Stock Bounced. Fuel Costs May Drive the Next Move

7 June 2026
American Airlines shares rebounded 1.5% Friday to $13.50 despite a 7.8% weekly drop and surging jet fuel costs, as investors weighed whether fare hikes and premium demand can offset profit hits from temporary route cuts and a $4 billion fuel expense, with the stock’s next move hinging on fuel prices, fare power and margin risks.
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