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.

Saks Global files for bankruptcy: $1.75 billion financing, new CEO and a test for luxury suppliers

Saks Global files for bankruptcy: $1.75 billion financing, new CEO and a test for luxury suppliers

Saks Global, owner of Saks Fifth Avenue, Neiman Marcus, and Bergdorf Goodman, filed for Chapter 11 bankruptcy in Texas after missing a $100 million interest payment tied to its Neiman Marcus acquisition. The company reported $1.75 billion in financing, including $1 billion in debtor-in-possession funding, and expects stores to remain open. Geoffroy van Raemdonck replaced Richard Baker as CEO. Major luxury suppliers are listed as unsecured creditors.
14 January 2026
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Gelteq Limited stock jumps in premarket after CBD gel study; what’s next for GELS

Gelteq Limited stock jumps in premarket after CBD gel study; what’s next for GELS

Gelteq shares soared 48% to $1.23 in premarket trading after preclinical data showed its oral gel increased CBD absorption by over 22% versus an FDA-approved oil. The company said the findings could speed up its medicinal cannabis launch in Australia. The stock’s small market cap has amplified volatility. The results have not yet been tested in humans.
14 January 2026
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NRXP stock slips premarket as NRx says FDA fast-tracked ketamine bid with 70,000-patient dataset

NRXP stock slips premarket as NRx says FDA fast-tracked ketamine bid with 70,000-patient dataset

NRx Pharmaceuticals shares fell 4.3% to $2.13 in premarket trading after the FDA granted Fast Track status to its ketamine-based NRX-100 for suicidal ideation. The company plans to submit data from over 70,000 U.S. patients to support accelerated approval. Investors await further FDA feedback and updates during the San Francisco healthcare conference.
14 January 2026
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American Airlines (AAL) stock slips before the open as Delta outlook and credit-card cap talk weigh

American Airlines (AAL) stock slips before the open as Delta outlook and credit-card cap talk weigh

American Airlines shares fell 0.4% in premarket trading Wednesday after a 4.1% drop Tuesday, trading at $15.29. Airline stocks are under pressure after Delta’s earnings forecast and a White House push to cap credit-card interest rates at 10%. Visa and Mastercard also tumbled. Traders await American’s Jan. 27 earnings call for further signals.
14 January 2026
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GMA just posted new 40%-off deals — Wayfair, Macy’s and Amazon discounts in focus

GMA just posted new 40%-off deals — Wayfair, Macy’s and Amazon discounts in focus

ABC’s “Good Morning America” featured daily deals with discounts of 40% or more at Amazon, Macy’s, Wayfair, and other retailers, including a Wayfair bed at 76% off and a Samsung gaming screen at 51% off. ABC disclosed it earns commissions from purchases via its links and warned prices may change. Wayfair shares rose 3.6% premarket Wednesday; Macy’s gained 0.3%, Amazon fell 1.5%.
14 January 2026
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Progressive stock steadies premarket after 5% slide as Mizuho trims target again

Progressive stock steadies premarket after 5% slide as Mizuho trims target again

Progressive shares rose 0.2% to $205.44 in premarket trading Wednesday after a 5.3% drop Tuesday. Mizuho and Wells Fargo both trimmed their price targets to $240 but kept neutral ratings. SIAA announced a partnership to distribute Progressive’s auto products through its agency network. CEO Susan Patricia Griffith acquired 2,918 restricted stock units via dividend equivalents, according to a regulatory filing.
14 January 2026
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Bank of America stock: BAC dips premarket after Q4 beat as interest-income outlook takes center stage

Bank of America stock: BAC dips premarket after Q4 beat as interest-income outlook takes center stage

Bank of America shares fell 1.2% to $54.54 in premarket trading after Q4 earnings topped estimates with net income of $7.6 billion, or 98 cents per share. The bank reported a 10% rise in net interest income and a 23% jump in equities trading revenue. Investors await the 8:30 a.m. ET call for 2026 guidance on rates, costs, and credit. Wells Fargo and Citigroup also posted mixed results.
14 January 2026
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Beam Global stock jumps premarket after Q4 revenue surge; traders eye March filing (BEEM)

Beam Global stock jumps premarket after Q4 revenue surge; traders eye March filing (BEEM)

Beam Global shares surged 27.7% to $2.26 in premarket trading after reporting preliminary Q4 revenue up over 50% from the prior quarter. The company said international sales made up about half of revenue, with non-government commercial sales at roughly 84%. Audited results are expected by March 31. The stock closed at $1.77 on Tuesday, down about 40% over the past year.
14 January 2026
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Wells Fargo stock slides before the bell as 2026 net interest income view disappoints

Wells Fargo stock slides before the bell as 2026 net interest income view disappoints

Wells Fargo shares fell about 1.5% in premarket trading after its 2026 net interest income forecast missed analyst estimates. Fourth-quarter profit rose to $5.36 billion, but both core interest income and earnings came in below Wall Street expectations. The bank also reported a $612 million severance charge tied to job cuts. Investors will review loan growth and credit trends during a call at 10 a.m. ET.
14 January 2026
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Ondas stock jumps in premarket after $1 billion ONDS offering closes — what to watch next

Ondas stock jumps in premarket after $1 billion ONDS offering closes — what to watch next

Ondas Holdings shares rose 5.4% to $13.89 in premarket trading after closing a $1 billion stock-and-warrant sale to an institutional investor. The company expects about $959 million in net proceeds, with more possible if warrants are exercised. Investors await CEO Eric Brock’s appearance at the Needham Growth Conference today and an investor day on Jan. 16 for details on spending plans.
14 January 2026
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Bank of America Q4 2025 earnings beat: BAC profit rises as trading and net interest income jump

Bank of America Q4 2025 earnings beat: BAC profit rises as trading and net interest income jump

Bank of America reported fourth-quarter net income of $7.6 billion, or 98 cents per share, beating analyst estimates. Revenue excluding interest expense rose 7% to $28.4 billion, with net interest income up 10% to $15.8 billion and trading revenue also gaining 10%. Shares slipped 1.2% in premarket trading. The bank set aside $1.3 billion for potential credit losses and ended 2025 with deposits above $2 trillion.
14 January 2026
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Palo Alto Networks stock swings on China cybersecurity clampdown report — what to watch for PANW

Palo Alto Networks stock swings on China cybersecurity clampdown report — what to watch for PANW

Palo Alto Networks shares rose about 1% to $190.85 in premarket trading after Reuters reported China ordered local firms to stop using cybersecurity software from several U.S. and Israeli vendors, including Palo Alto, VMware, Fortinet, and Check Point. An SEC filing showed Palo Alto executive Lee Klarich sold around 120,768 shares under a pre-arranged plan. Fortinet and Check Point shares slipped, while Broadcom gained.
14 January 2026
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Stock Market Today

  • Altimeter Capital CEO Warns Traders on Potential Risks Ahead of SpaceX IPO
    June 8, 2026, 9:46 AM EDT. Brad Gerstner, CEO of Altimeter Capital, cautioned retail investors about challenges in upcoming big tech IPOs, including the anticipated SpaceX public offering. Gerstner highlighted that these initial public offerings (IPOs) could pose risks due to market volatility and heightened investor scrutiny. His warning signals the need for careful analysis as SpaceX, a major space exploration and satellite internet company, prepares to enter public markets. Investors are advised to stay alert amid these developments to navigate potential pitfalls.

Latest articles

Micron Technology Stock Surges as AI Memory Shortage Puts MU at Center of Chip Rally

Micron Shares Edge Up in Premarket; Investors Await Next AI Test

8 June 2026
Micron surged 8.2% to $935.07 in Nasdaq premarket after Friday’s $127 billion rout, as investors cheered Nvidia’s confirmation it will keep sourcing high-bandwidth memory from Micron and Samsung, easing fears SK Hynix would become exclusive supplier; Cantor Fitzgerald raised its price target to $1,500, with Micron’s next earnings report due June 24.
Tango Therapeutics Stock Surges After Cancer Drug Shows 92% Response Rate

Tango Therapeutics Stock Surges After Cancer Drug Shows 92% Response Rate

8 June 2026
Tango shares soared up to 48% in premarket trading after reporting a 92% objective response rate and 90% six-month progression-free survival in a 12-patient pancreatic cancer trial, with plans to advance the vopimetostat-daraxonrasib combo to Phase 3 testing in first-line MTAP-deleted pancreatic cancer.
Plug Power Stock Faces a Make-or-Break Week After Friday’s 10% Drop

Plug Power Stock Faces a Make-or-Break Week After Friday’s 10% Drop

8 June 2026
Plug Power rose 2.95% to $3.31 in Monday pre-market trading after a $39.2 million federal tax credit sale tied to its St. Gabriel hydrogen facility, as investors await CEO Jose Luis Crespo’s June 11 update on liquidity and asset sales amid ongoing losses and a recent 10.69% stock drop.
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