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.

Diageo share price set for a key week as spirits glut report and insider buys hit DGE

Diageo share price set for a key week as spirits glut report and insider buys hit DGE

Diageo shares closed Friday at 1,655.5 pence, down 1.37% and about 35% below their 52-week high, as traders reacted to reports of record unsold spirits inventories. Chief commercial officer Dayalan Nayager bought nearly 29,000 shares, while smaller insider purchases were disclosed. Diageo will report interim results on Feb. 25. China remains a pressure point, with asset sales under consideration.
18 January 2026
·
HSBC share price set for Monday test after Singapore insurance review

HSBC share price set for Monday test after Singapore insurance review

HSBC shares fell 0.4% in London Friday after the bank confirmed a strategic review of its Singapore insurance unit, HSBC Life Singapore. CEO Georges Elhedery said all options are under consideration, with no decision reached. The review follows HSBC’s acquisition of AXA’s local insurance business and comes amid a broader corporate shake-up. Hong Kong’s High Court will review HSBC’s plan to take Hang Seng Bank private on Jan 23.
18 January 2026
··
GSK share price slips into the weekend as investors brace for Feb. 4 results

GSK share price slips into the weekend as investors brace for Feb. 4 results

GSK shares fell 1.7% to 1,816.5 pence in London Friday, with trading volume above recent averages. Senior executives disclosed routine share purchases via dividend reinvestment. Investors now await GSK’s fourth-quarter results on Feb. 4 and the upcoming dividend timetable. Debate continues over U.S. fast-track drug approvals, with GSK linked to the FDA’s voucher program.
18 January 2026
··
SGX share price near 52-week high: Singapore Exchange stock in focus as “Value Unlock” rolls out

SGX share price near 52-week high: Singapore Exchange stock in focus as “Value Unlock” rolls out

Singapore Exchange shares closed at S$17.70 on Friday, up 0.17%, with 1.28 million shares traded. Applications opened Jan. 16 for the new S$30 million “Value Unlock” grant programme targeting listed companies. Institutional investors bought S$208 million in Singapore stocks over five sessions ending Jan. 15, with SGX among the top inflows. The exchange’s dual listing scheme with Nasdaq is set to launch by mid-2026.
18 January 2026
··
UOL share price in focus: SGX’s U14 closes at S$10.07 as Hougang Central deal stays in play

UOL share price in focus: SGX’s U14 closes at S$10.07 as Hougang Central deal stays in play

UOL Group shares closed at S$10.07 on Friday, up 1%, after a consortium including UOL and CapitaLand Integrated Commercial Trust won the Hougang Central mixed-use site for about S$1.5 billion. CICT will own the commercial portion, while UOL and CapitaLand Development will jointly develop and sell the residential units. The commercial space is expected to complete by 2030/2031.
18 January 2026
··
1 … 207 208 209 210 211 … 588

Stock Market Today

  • Citi Raises 2026 S&P 500 Price Target Citing AI-Driven Earnings Growth
    June 7, 2026, 5:24 PM EDT. Citi analysts have quietly increased their 2026 S&P 500 price target from 7,700 to 8,100, a 5.2% rise, based on expected robust earnings growth fueled by heavy AI infrastructure spending. Scott Chronert of Citi forecasts index-level earnings (operating earnings per share) to hit $350 in 2026 and $400 in 2027, reflecting genuine profitability gains rather than just elevated stock valuations. This outlook persists despite recent market volatility triggered by stronger-than-expected U.S. jobs data and concerns over inflation, geopolitical tensions, and Federal Reserve interest rate policies. Chip stocks, including Nvidia and Intel, saw significant declines recently, but Citi views this as a temporary setback amid a broader positive trend.

Latest articles

Goldman’s Fed cut outlook shift signals warning for Wall Street rally

Goldman’s Fed cut outlook shift signals warning for Wall Street rally

7 June 2026
Goldman Sachs no longer expects a Fed rate cut in 2026 after strong May jobs data, leaving investors to weigh a possible hold or hike as the Nasdaq plunged 4.18% and the S&P 500 fell 2.64% on Friday; CME’s FedWatch tool now puts December rate hike odds at 42.7%, while Citi remains the outlier still predicting three cuts this year.
Joby Aviation Drops 20%—Market Watching for Monday’s Open

Joby Aviation Drops 20%—Market Watching for Monday’s Open

7 June 2026
Joby Aviation plunged 14.3% to $9.55 Friday, extending a nearly 20% weekly drop as a strong U.S. jobs report fueled fears of higher interest rates, pressuring speculative growth stocks; trading volume spiked, and peers like Archer and Vertical also fell, raising investor questions about how much to pay now for future air-taxi profits.
Peso Drops to 17.48 After U.S. Jobs Data Sends Dollar Higher

Peso Drops to 17.48 After U.S. Jobs Data Sends Dollar Higher

7 June 2026
The Mexican peso tumbled 1.10% to 17.4793 per dollar Friday after stronger-than-expected U.S. jobs data lifted the dollar and pushed U.S. rate futures to price a 68.4% chance of a Fed hike by December, raising pressure on emerging-market currencies ahead of Monday’s open.
Bank Of America To Pay $2.25M Over ATM Fees

Bank of America Stock Reacts as Rates Shift: BAC on Watch

7 June 2026
Bank of America closed Friday at $53.83, caught between a stronger-than-expected U.S. jobs report that pushed Treasury yields higher and anticipation for Co-President Jim DeMare’s update at Tuesday’s Morgan Stanley U.S. Financials Conference, with investors watching for signals on deposit costs, loan demand, and capital return as rate and inflation dynamics drive near-term stock moves.
Chipotle Stock Just Beat a Market Rout. Monday Will Show If Wall Street Means It

Chipotle Stock Just Beat a Market Rout. Monday Will Show If Wall Street Means It

7 June 2026
BitMine plunged 11.1% to $15.90 after pricing an upsized $273.8 million Series A preferred stock offering at $80 per share, as investors weighed the new fixed dividend layer and sharp ETH declines; the deal settles June 10, with the market set to judge if staking income can offset balance-sheet risks amid falling crypto prices.
Go toTop