Today: 8 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.

NAB share price edges up as banks lift ASX into weekend; RBA and Q1 update in focus

NAB share price edges up as banks lift ASX into weekend; RBA and Q1 update in focus

NAB shares closed up 0.73% at A$42.67 Friday, leading gains among Australian banks as the S&P/ASX 200 rose 0.48% to 8,903.9. Traders are watching rate expectations ahead of the Reserve Bank’s Feb. 3 decision. UBS issued a pre-stabilisation notice for NAB’s planned euro subordinated notes. NAB’s housing report showed dwelling prices up 8.2% in 2025 and advertised rents rising 5.9% in December.
16 January 2026
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Westpac share price jumps 1.8% — what investors are watching before the next ASX session

Westpac share price jumps 1.8% — what investors are watching before the next ASX session

Westpac closed Friday up 1.82% at A$39.19, trading 3.81 million shares, just below its 52-week high. The bank reported nearly 159,000 unquoted share rights lapsed and set terms for a GBP231 million floating-rate note maturing in 2027. Consumer sentiment fell to a three-month low, with Westpac economists seeing no RBA rate hike this year. Investors await the bank’s quarterly update on Feb. 13.
16 January 2026
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Woolworths share price ends higher — what to watch next for ASX: WOW after Olive AI and methane-cut beef push

Woolworths share price ends higher — what to watch next for ASX: WOW after Olive AI and methane-cut beef push

Woolworths shares closed up 0.5% at A$30.35 in Sydney, trading between A$30.09 and A$30.41. The company announced a methane-reduction trial in its beef supply chain and plans to upgrade its Olive digital assistant. Investors await Australia’s inflation data on Jan. 28 and the RBA’s rate decision on Feb. 3. Woolworths’ half-year results are due Feb. 25.
16 January 2026
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Macquarie share price jumps on rate jitters — what moves MQG next week

Macquarie share price jumps on rate jitters — what moves MQG next week

Macquarie Group shares rose 2.6% to A$211.86 Friday after the bank raised fixed home loan rates by 0.25 percentage point, lifting its lowest one-year rate to 5.59%. The move followed similar increases by major Australian banks. An ASX notice showed Macquarie is no longer a substantial holder in Tabcorp Holdings. Investors await Macquarie’s operational briefing on Feb. 10.
16 January 2026
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PLS Group share price falls after ASX close as lithium hits two-year highs; Jan 30 update looms

PLS Group share price falls after ASX close as lithium hits two-year highs; Jan 30 update looms

PLS Group shares fell 3.1% to A$4.68 Friday, making it one of the biggest losers on the ASX 200, while the index rose 0.48%. Lithium prices hit multi-year highs, with battery-grade chemicals topping $20,000 per ton. PLS will release its December-quarter report and hold an investor briefing on Jan. 30. U.S. lawmakers proposed a $2.5 billion critical minerals stockpile bill.
16 January 2026
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Fortescue share price rises as FMG kicks off Pilbara wind farm build, eyes Jan 22 output report

Fortescue share price rises as FMG kicks off Pilbara wind farm build, eyes Jan 22 output report

Fortescue shares closed up 0.3% at A$22.82 after the company began construction of its first wind project in Western Australia’s Pilbara. The 133-megawatt Nullagine Wind Project will use 17 turbines to help electrify mining operations. Investors await Fortescue’s December quarter production report, due January 22. China’s record iron ore imports and rising global supply continue to influence prices.
16 January 2026
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BHP share price slips after Pilbara tie-up with Rio Tinto as China iron ore signals stay mixed

BHP share price slips after Pilbara tie-up with Rio Tinto as China iron ore signals stay mixed

BHP shares fell 1.1% to A$48.85 in Sydney, reversing gains from the previous session. Rio Tinto and BHP announced a partnership to develop Pilbara iron ore deposits, targeting up to 200 million tonnes. Iron ore prices stayed volatile as China’s December imports hit a record 119.65 million tons. BHP’s operational review is scheduled for Jan. 20, with half-year earnings due Feb. 17.
16 January 2026
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Northern Star share price slips as gold cools, with ASX:NST in focus ahead of next week’s update

Northern Star share price slips as gold cools, with ASX:NST in focus ahead of next week’s update

Northern Star Resources shares fell 1.0% to A$26.83 Friday, underperforming the local market as gold prices slid after strong U.S. economic data. The company recently cut full-year production guidance to 1.6–1.7 million ounces due to operational issues, warning of higher costs. About 5.5 million shares traded. December-quarter results are due Jan. 22.
16 January 2026
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Netflix stock ticks up as Delaware judge blocks Paramount fast-track in Warner deal fight

Netflix stock ticks up as Delaware judge blocks Paramount fast-track in Warner deal fight

Netflix shares rose 0.6% to $89.08 after a Delaware judge denied Paramount Skydance’s request to fast-track its lawsuit over Warner Bros Discovery’s deal process. The prospect of an all-cash Netflix bid for Warner’s studios and streaming assets resurfaced. Investors await Netflix’s Jan. 20 earnings report for updates on the potential acquisition. Warner Bros Discovery and Paramount Skydance shares slipped midday.
15 January 2026
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Pfizer stock dips as U.S. vaccine policy fight rattles demand outlook

Pfizer stock dips as U.S. vaccine policy fight rattles demand outlook

Pfizer shares fell 0.6% to $25.42 in late-morning trading Thursday as U.S. vaccine policy changes fueled uncertainty. Sanofi warned of weaker U.S. vaccine demand; Pfizer’s CEO criticized the new recommendations. Moderna and Merck also traded lower. Investors await Pfizer’s Feb. 3 results for updates on 2026 outlook and new product pipeline.
15 January 2026
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Telus’ 9% dividend yield looks tempting — but CIBC, SmartCentres and Leon’s are the TSX income names in play

Telus’ 9% dividend yield looks tempting — but CIBC, SmartCentres and Leon’s are the TSX income names in play

Telus Corp has paused dividend growth and will maintain its C$0.4184 quarterly payout, while its yield remains near 9% due to a pressured share price. Joey Frenette of Motley Fool Canada flagged CIBC as a more stable alternative, offering a 3.4% yield but facing mortgage risk. SmartCentres REIT yields 6.91%, and Leon’s Furniture, at 3.36%, is considering a REIT spin-off.
15 January 2026
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Petrobras stock (PBR) slips as oil falls; Tupi hits 1 million bpd, fertilizer restart in focus

Petrobras stock (PBR) slips as oil falls; Tupi hits 1 million bpd, fertilizer restart in focus

Petrobras’ U.S.-listed shares fell 1.1% to $12.52 Thursday as energy stocks slipped with Brent crude down 3.3%. CEO Magda Chambriard said Petrobras hit 1 million bpd at the Tupi field and resumed ammonia and urea output at its Sergipe plant, with Bahia’s plant to follow by month’s end. The company’s 2026 annual meeting is set for April 16. Investors await 2025 results on March 5.
15 January 2026
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Grab stock slides as Indonesia weighs halving ride-hailing commissions, with earnings date looming

Grab stock slides as Indonesia weighs halving ride-hailing commissions, with earnings date looming

Grab Holdings shares fell 3.5% to $4.47 Thursday morning after news of a draft Indonesian decree that would cut ride-hailing commission caps to 10% and require platforms to pay more driver benefits. The proposal, still under review, has raised investor concerns ahead of Grab’s Feb. 11 earnings release. Shares have dropped for two days despite broader U.S. market gains.
15 January 2026
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Rivian stock slips again as UBS turns bearish — Wall Street tests the R2 and autonomy story

Rivian stock slips again as UBS turns bearish — Wall Street tests the R2 and autonomy story

Rivian shares slipped 1.1% to $17.32 Thursday morning after analyst downgrades from Wolfe Research and UBS, which cited concerns over autonomy timelines and valuation. The stock has fallen 7.2% since Wednesday’s close. Rivian named Greg Revelle chief customer officer ahead of the R2 SUV launch, with first deliveries expected in the first half of 2026. Fourth-quarter and full-year results are due Feb. 12.
15 January 2026
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Stock Market Today

  • BofA Strategist Warns of Red Flags in US Stock Market, Sees Selective Opportunities
    June 8, 2026, 1:52 AM EDT. Savita Subramanian, head of U.S. equity and quant strategy at Bank of America Securities, cautions about parallels between current market conditions and February 2020. She highlights strong momentum in energy and tech sectors but warns of expensive valuations and disappointing consumer staples returns. Historically, staples' underperformance often signals big rebounds, with a notable 73% rise during the 2000-2002 tech bust. Subramanian calls the S&P 500 the "most-crowded ticker" globally, flagging new stock issuance and capital expenditure surges that reduce free cash flow and share buybacks-key drivers for the index. She favors select sectors like financials, energy, materials, and staples, and maintains a year-end S&P 500 target of 7100, about 6% below current levels.

Latest articles

Snap Drops 5%—Ad Recovery Eyed Next

Snap Drops 5%—Ad Recovery Eyed Next

8 June 2026
Snap closed Friday at $5.76, down 5.11% amid a broad tech selloff triggered by a strong jobs report and renewed rate-hike worries, but still ended the week up 0.9%. Investors now await U.S. inflation data and CEO Evan Spiegel’s June 16 AWE keynote on Specs, as Snap faces pressure from weak North American ad revenue, tough competition, and activist demands for cost cuts.
Navitas’ Nvidia-Led Rally Stalls, Eyes on AI Trade Next Week

Navitas’ Nvidia-Led Rally Stalls, Eyes on AI Trade Next Week

8 June 2026
Navitas plunged $5.61 to $25.08 Friday as a $1.3 trillion chip selloff erased Nvidia-driven gains, despite news it issued 3.28 million shares for merger earn-outs and showcased its GaNFast power board at Nvidia’s AI MGX event; investors now face risks from share dilution, sector volatility, and Navitas’s early-stage pivot to high-power AI markets amid ongoing operating losses.
NIO Stock Drops Even as Deliveries Jump, Focus Turns to June Numbers

NIO Stock Drops Even as Deliveries Jump, Focus Turns to June Numbers

8 June 2026
NIO’s U.S.-listed shares plunged 5.8% Friday, erasing a delivery-led rally, as investors focus on whether June sales can hit the company’s Q2 target after May deliveries rose 62.3% to 37,705. NIO needs 42,939–47,939 June deliveries to meet guidance, with risks from China’s saturated car market and recent price pressure.
HPE Stock Faces AI Rally Test With Monday In Focus

HPE Stock Faces AI Rally Test With Monday In Focus

8 June 2026
Hewlett Packard Enterprise plunged 8.36% Friday to $49.20, capping a three-day slide and erasing gains after a post-earnings surge, even as it raised its fiscal 2026 revenue growth outlook to 29%-33% and boosted non-GAAP EPS guidance, with analysts warning that rapid gains may have priced in too much hope too quickly.
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