Today: 29 June 2026

Shan Ahmed Khan

Shan Ahmed Khan is a senior markets reporter at TS2.tech, specializing in stocks, technology and macroeconomic trends. A graduate of the Lahore University of Management Sciences (LUMS), he previously worked in investment research and market analysis. His coverage helps readers understand the key developments influencing global financial markets and emerging industries.

Barclays share price rises into weekend — buyback update and rate risks to watch next week

Barclays share price rises into weekend — buyback update and rate risks to watch next week

Barclays closed Friday up 0.96% at 488.95p after buying back over 2 million shares on Jan. 15, bringing its total repurchased since October to more than 77 million. The bank will cancel these shares. Former Bank of England officials criticized the central bank’s recent capital requirement cut. Markets await UK inflation data and a U.S. credit-card rate decision.
Anglo American share price slides as copper cools — what to watch before Monday

Anglo American share price slides as copper cools — what to watch before Monday

Anglo American shares fell 2.4% to 3,240 pence Friday, snapping a rally after hitting a 52-week high Thursday. Copper prices on the London Metal Exchange dropped 1.2% to $12,955 a ton amid weak Chinese demand, dragging London miners and the FTSE 100 lower. Glencore lost 2.5%, Rio Tinto 1.8%. Trading volume in Anglo shares was below average at 3.6 million.
Rio Tinto share price slips from fresh high as Glencore deal talk runs into China risk

Rio Tinto share price slips from fresh high as Glencore deal talk runs into China risk

Rio Tinto shares fell 1.87% to 6,347 pence in London on Friday, retreating from a 52-week high as miners were hit by concerns over Chinese copper demand. The potential merger with Glencore faces uncertainty, with analysts warning Chinese approval may require asset sales. Iron ore futures also slipped, and inventories at Chinese ports reached a record 165.6 million tons.
Shell stock in focus after LNG Canada stake-sale talk as buyback ticks on

Shell stock in focus after LNG Canada stake-sale talk as buyback ticks on

Shell shares closed up 0.2% at 2,752.5 pence in London Friday after Reuters reported the company is considering selling up to 30% of its stake in the C$40 billion LNG Canada project. Mitsubishi may also review its 15% share. Shell announced new share buybacks, purchasing over 655,000 shares in London and 523,000 in Amsterdam on Jan. 16. Talks on the LNG Canada stake remain preliminary.
17 January 2026
HSBC share price ends lower after Singapore insurance review — what to watch before markets reopen

HSBC share price ends lower after Singapore insurance review — what to watch before markets reopen

HSBC launched a strategic review of its Singapore insurance unit, saying all options are on the table but no decisions have been made. Shares in London closed down 0.4% at 1,232 pence, near a 52-week high. The move comes as CEO Georges Elhedery continues efforts to streamline global operations. Investors await HSBC’s earnings report on Feb. 25.
17 January 2026
GSK stock slips into the weekend as insider dividend reinvestment filings land; eyes on Feb. 4 results

GSK stock slips into the weekend as insider dividend reinvestment filings land; eyes on Feb. 4 results

GSK shares fell 1.7% to 1,817 pence in London Friday, extending a three-day slide and closing 11.7% below their December peak. Trading volume surged to 12.6 million shares. Filings showed senior executives reinvested dividends into shares and U.S. ADSs. Investors are awaiting GSK’s full-year results and U.S. drug-approval updates in early February.
Glencore share price slides as Rio Tinto bid clock ticks and China scrutiny grows

Glencore share price slides as Rio Tinto bid clock ticks and China scrutiny grows

Glencore shares closed down 2.53% at 478.6 pence Friday amid takeover speculation involving Rio Tinto, which faces a Feb. 5 UK deadline to make a formal bid or walk away. Investors weighed China regulatory risks and awaited Glencore’s production update due Jan. 29. Trading volume reached about 61.9 million shares. BlackRock disclosed a 7.13% stake under UK takeover rules.
UOL Group (SGX:U14) share price ends at S$10.07 — what investors watch after the Hougang Central land win

UOL Group (SGX:U14) share price ends at S$10.07 — what investors watch after the Hougang Central land win

UOL shares closed 1% higher at S$10.07 Friday after its consortium won the S$1.5 billion Hougang Central mixed-use site tender, securing a 99-year lease. UOL holds a 30% stake in the project, which will feature about 830 homes and 300,000 sq ft of retail space. Financing will rely on bank loans and shareholder funding. The company expects no significant earnings impact for 2026.
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Stock Market Today

  • Baidu Shares Surge on AI Catalyst as Kunlunxin Targets $50 Billion Hong Kong IPO
    June 29, 2026, 3:05 AM EDT. Baidu's (BIDU) Hong Kong shares increased over 7% following reports that its AI chip unit Kunlunxin aims for a $50 billion initial public offering (IPO) in Hong Kong. Kunlunxin, spun out from Baidu in 2021, designs AI processors for data centers, competing domestically with Nvidia. The unit has expanded sales beyond Baidu to major clients like Tencent and ByteDance. Despite BIDU shares being down over 20% year-to-date amid slowing core ad revenue and competitive AI pressures, retail investors on Stocktwits turned 'extremely bullish' on the stock, citing the IPO as a key positive catalyst. Baidu's U.S.-listed shares gained 3% in overnight trading ahead of the Hong Kong market open.

Latest articles

Trump-era loan caps could open door for private lenders in grad school market

Trump-era loan caps could open door for private lenders in grad school market

29 June 2026
July 1 federal loan caps slash Grad PLUS access, forcing many graduate and professional students to seek private loans; Sallie Mae projects up to 70% origination growth over several years, while SoFi reports record student-loan volume—investors now face a real-time test of how much demand shifts to private lenders as federal limits hit.
IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

29 June 2026
IREN Limited (NASDAQ:IREN) plunged 21.3% to $47.21 over five straight down days despite announcing a record $50M+ annual Warriors jersey deal, as investors focused on the company’s not fully contracted $4.4B target ARR and high short interest at 19.74% of float, with Friday’s close near the lowest analyst target.
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