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.

J.D. Irving seeks an NB Power grid exit as minister backs self-generated wind power plan

J.D. Irving seeks an NB Power grid exit as minister backs self-generated wind power plan

New Brunswick’s natural resources minister backs J.D. Irving Ltd. and other major industries seeking to self-supply renewable energy outside NB Power’s grid. NB Power warns losing large customers could raise bills for other ratepayers. The utility recently signed a 200-megawatt wind power deal with a J.D. Irving subsidiary. Industry leaders say they need relief from rising power costs.
15 January 2026
Rutland MP says council ignored locals, presses minister for Rutland-Stamford reform meeting

Rutland MP says council ignored locals, presses minister for Rutland-Stamford reform meeting

MP Alicia Kearns urged ministers to intervene after Rutland County Council advanced a local government reform plan she says most residents oppose. Survey data cited by Kearns showed 45% favored a South Lincolnshire partnership, while a third rejected joining Leicestershire. Local government minister Alison McGovern said she is willing to meet MPs to discuss the dispute. The council did not comment.
15 January 2026
TSMC sparks chip-stock surge as Wall Street rebounds on bank earnings

TSMC sparks chip-stock surge as Wall Street rebounds on bank earnings

U.S. stocks rebounded Thursday, led by gains in chipmakers after TSMC projected 30% revenue growth for 2026 and posted record quarterly profit. The Dow rose 146 points, the S&P 500 gained 40, and the Nasdaq climbed 197 in early trading. Jobless claims dropped to 198,000, supporting optimism for rate cuts. Morgan Stanley and Goldman Sachs both beat profit forecasts on strong deal activity.
Intel stock hits $49.78 52-week high as KeyBanc flags “sold out” AI server chips

Intel stock hits $49.78 52-week high as KeyBanc flags “sold out” AI server chips

Intel shares hit a 52-week high of $49.78 on Thursday after KeyBanc upgraded both Intel and AMD, citing surging AI-driven server chip demand. Analyst John Vinh reported Intel is nearly sold out of 2026 server CPU capacity and highlighted improved manufacturing yields. KeyBanc set price targets of $60 for Intel and $270 for AMD. Neither Intel nor Apple commented on reports of a new supply deal.
MARA stock slides as Senate delays crypto bill and bitcoin eases

MARA stock slides as Senate delays crypto bill and bitcoin eases

MARA Holdings shares fell 2.6% to $10.82 Thursday as bitcoin and crypto-linked stocks slid in U.S. trading. The Senate Banking Committee delayed its markup of a key crypto market-structure bill, adding to uncertainty. Coinbase CEO Brian Armstrong criticized the draft, warning it could restrict tokenized equities and stablecoin rewards. The Senate Agriculture Committee is set to review the bill Jan. 27.
Panama Canal ports court showdown could sink CK Hutchison’s $23bn BlackRock-MSC deal

Panama Canal ports court showdown could sink CK Hutchison’s $23bn BlackRock-MSC deal

Panama’s Supreme Court will soon rule on lawsuits seeking to annul CK Hutchison’s canal-port concession, threatening a $23 billion ports sale to a BlackRock-led consortium. Cosco’s push for control has raised pressure on the deal. Plaintiffs cite audits estimating Panama lost up to $1.3 billion under the 2021 renewal. BlackRock and MSC are reconsidering the acquisition amid regulatory and ownership disputes.
15 January 2026
Critical Metals stock slips despite $1.5B Saudi rare-earth JV term sheet as shareholder sale looms

Critical Metals stock slips despite $1.5B Saudi rare-earth JV term sheet as shareholder sale looms

Critical Metals shares fell 1.3% to $17.70 Thursday after announcing a $1.5 billion Saudi rare-earth processing joint venture. European Lithium, a 10% holder, filed to sell up to 5 million shares. The stock had surged 33% Wednesday on new Tanbreez drill results. Traders await further assay data and confirmation the Saudi term sheet will become binding.
Ford stock ticks up as USMCA fight flares again — what investors watch next

Ford stock ticks up as USMCA fight flares again — what investors watch next

Ford shares rose 0.7% to $13.94 Thursday morning as CEO Jim Farley urged changes to the USMCA trade deal, calling it essential for North American manufacturing. The debate intensified after President Trump dismissed the deal during a visit to a Ford plant. Investors await Ford’s Feb. 10 earnings report for updated guidance. GM shares edged up 0.2%, Tesla gained 1%, and Stellantis slipped 1.2%.
Nvidia stock today: NVDA rises in premarket as China drafts rules for H200 chip buys

Nvidia stock today: NVDA rises in premarket as China drafts rules for H200 chip buys

Nvidia shares rose 1.8% to $186.40 in Thursday premarket trading after reports China may restrict advanced AI chip imports and Beijing paused some Nvidia H200 purchases. The U.S. approved H200 sales to China with strict limits and a new 25% tariff. Former Trump adviser Matt Pottinger criticized the policy at a congressional hearing. Taiwan Semiconductor reported a 35% profit jump, boosting chip stocks.
15 January 2026
Intel stock slips in premarket after KeyBanc’s “sold out” call sets up next week’s earnings

Intel stock slips in premarket after KeyBanc’s “sold out” call sets up next week’s earnings

Intel shares fell 0.5% to $48.48 premarket Thursday, pausing after a two-day rally sparked by a KeyBanc upgrade and a $60 price target. KeyBanc cited tight 2026 server CPU supply and strong AI data center demand. Trading volume surged Wednesday, with 147 million shares changing hands. Investors await Intel’s Jan. 22 earnings for confirmation of demand trends.
Ondas Holdings (ONDS) stock slips premarket as investors weigh $1B raise and Friday’s Investor Day

Ondas Holdings (ONDS) stock slips premarket as investors weigh $1B raise and Friday’s Investor Day

Ondas Holdings shares fell 2.6% to $13.56 in premarket trading Thursday after the company closed a $1 billion stock-and-warrant sale, raising about $959 million in net proceeds. The offering could significantly increase the share count if warrants are exercised. The stock now trades about 18% below the $16.45 offering price. Investors await Friday’s OAS Investor Day for details on 2026 plans and capital use.
15 January 2026
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Stock Market Today

  • Top Analyst Warns 2026 Tech Bubble Mirrors 1999 Market Overvaluation
    June 8, 2026, 2:26 AM EDT. The Nasdaq's sharp drop on Friday signals cracks in the high-flying AI-driven tech rally, reminiscent of the 1999 dot-com bubble. Major AI-linked megacaps lost hundreds of billions amid fears of renewed Federal Reserve rate hikes and softer guidance from chipmakers like Broadcom. Analyst Owen Lamont from Acadian Asset Management highlighted soaring earnings forecasts as a bubble indicator, noting projected growth far exceeds historical averages, echoing the 2000 peak. Lamont and others, including JPMorgan CEO Jamie Dimon and Bridgewater's Ray Dalio, warn investors and Wall Street may be overleveraged amid unrealistic expectations. The current optimism and valuations risk disappointment if earnings fail to match forecasts, recalling the cautionary tale of the tech crash over two decades ago.

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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