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.

Anglo American plc stock rises after Norges Bank nudges stake above 3% as copper, deal talk stay in focus

Anglo American plc stock rises after Norges Bank nudges stake above 3% as copper, deal talk stay in focus

Anglo American shares rose 0.7% to 3,242 pence in early London trading after Norges Bank disclosed raising its stake above 3%. The stock fluctuated between 3,234 and 3,264 pence by 0804 GMT. BHP is not preparing a bid as Rio Tinto and Glencore discuss a takeover, sources told Reuters. EU regulators set a Feb. 3 deadline for a simplified review of Anglo’s planned merger with Teck Resources.
Union Bank of India share price hits 5-year high after Q3 FY26 profit rises 9% and NPAs fall

Union Bank of India share price hits 5-year high after Q3 FY26 profit rises 9% and NPAs fall

Union Bank of India shares jumped nearly 8% to a five-year high after Q3 net profit rose 9% to 5,017 crore rupees and gross bad-loan ratio dropped to 3.06%. Net interest income increased 1% to 9,328 crore rupees. The Nifty PSU Bank index gained about 2% in afternoon trade. Bank of Maharashtra reported a 26.5% rise in quarterly profit on Tuesday.
LAMMA 2026 opens with New Holland’s UK debut, JCB’s Fastrac 6000 — and a stark farm safety display

LAMMA 2026 opens with New Holland’s UK debut, JCB’s Fastrac 6000 — and a stark farm safety display

New Holland, Deutz-Fahr, Fendt, and JCB launched new high-horsepower tractors at LAMMA 2026 in Birmingham on Wednesday. NAAC prepared a memorial display for 28 farming accident fatalities since April 2025. Visitors can buy half-price tickets to the Agronomy Exchange conference in London this February. The event runs Jan. 14-15 at the National Exhibition Centre.
NASA’s Moon Nuclear Reactor Push Meets DOE Safety Rule Shake-Up — What Space and Nuclear Stocks Are Watching

NASA’s Moon Nuclear Reactor Push Meets DOE Safety Rule Shake-Up — What Space and Nuclear Stocks Are Watching

NASA and the Department of Energy plan to deploy a nuclear reactor on the Moon by 2030, according to a new agreement. Energy Secretary Chris Wright has ended the DOE’s ALARA radiation-safety principle. Contractors involved in lunar infrastructure are drawing renewed attention as the agencies push forward. The DOE is also revising nuclear regulations, which could affect project costs and timelines.
NatWest share price edges up as buyback rolls on and board change lands ahead of Feb results

NatWest share price edges up as buyback rolls on and board change lands ahead of Feb results

NatWest shares rose 0.2% to 630.0 pence in early London trading after the bank disclosed it bought back 845,398 shares on Jan. 13, to be cancelled. The stock remains 6.7% below its Jan. 6 high. Non-executive director Yasmin Jetha will retire in March, with Albert Hitchcock joining the board in February. Investors await NatWest’s annual results and 2026 guidance on Feb. 13.
14 January 2026
Gold price today: MCX breaks record again at ₹1.43 lakh — silver edges toward ₹3 lakh

Gold price today: MCX breaks record again at ₹1.43 lakh — silver edges toward ₹3 lakh

MCX gold hit a record ₹1,43,096 per 10 grams in India on Wednesday, while MCX silver surged 4.4% to ₹2,87,199 per kg. Spot gold reached $4,639.42 an ounce and silver topped $90 after softer U.S. inflation data increased bets on Fed rate cuts. Silver is up nearly 27% this year. Analysts expect continued volatility tied to U.S. economic data and policy moves.
14 January 2026
EU Tariff Relief? BYD, Xpeng Shares Jump on Plan to Swap Chinese EV Duties for Minimum Prices

EU Tariff Relief? BYD, Xpeng Shares Jump on Plan to Swap Chinese EV Duties for Minimum Prices

Shares of BYD rose up to 4.8% in Hong Kong and Xpeng gained 5.3% after the European Commission signaled it may swap tariffs on China-made EVs for a minimum-price scheme. SAIC Motor climbed as much as 3.6% in Shanghai. The EU is negotiating with Beijing on alternatives to tariffs of up to 35.3% on battery electric vehicles.
Rolls-Royce stock in focus: fresh buyback filing and Deutsche Bank target lift ahead of London open

Rolls-Royce stock in focus: fresh buyback filing and Deutsche Bank target lift ahead of London open

Rolls-Royce repurchased 428,382 shares on Jan. 13 as part of its £200 million buyback, bringing the total to 3.58 million shares cancelled since December. Shares closed Tuesday at 1,305p, up 1.4% and reaching a 52-week high. Deutsche Bank raised its target price to 1,325p, maintaining a “buy” rating. The company will release full-year results on Feb. 26.
14 January 2026
XRP price at a crossroads: rebound to $2.14 meets Senate crypto bill and a $2.22 test

XRP price at a crossroads: rebound to $2.14 meets Senate crypto bill and a $2.22 test

XRP rose 4% to $2.14 in early New York trading Wednesday after swinging between $2.05 and $2.18. U.S. senators unveiled draft legislation late Monday to clarify crypto regulation, proposing new rules for stablecoins and giving the CFTC oversight of spot crypto markets. Technical analysts flagged $2.10 as key support, with resistance near $2.22. Some traders remain cautious amid choppy price action.
14 January 2026
BYD and Xpeng pop as EU hints at a minimum-price alternative to China EV tariffs

BYD and Xpeng pop as EU hints at a minimum-price alternative to China EV tariffs

Shares of Chinese EV makers surged Tuesday after the European Commission outlined a plan allowing exporters to swap EU tariffs for minimum price commitments. BYD rose up to 4.8% in Hong Kong, Xpeng gained 5.3%, and SAIC Motor climbed 3.6% in Shanghai. The Commission said any price deal must match the effect of tariffs and address subsidy concerns. Beijing welcomed the proposal, calling for dialogue.
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Stock Market Today

  • Nvidia Stock Poised for Growth, Targeting $300 by 2027
    June 8, 2026, 11:14 AM EDT. NVIDIA delivered a record Q1 FY27 with $81.6 billion revenue, up 85.2%, driven by a 92% surge in its Data Center segment. Despite strong fundamentals and a 214.5% earnings growth projection, shares trade modestly at $205.10, partly due to market volatility and China-related restrictions. Wall Street's average price target stands at $298.42, suggesting 45% upside, while an internal model estimates a more cautious $255.67 by mid-2027. Achieving $300, implying a forward price-to-earnings ratio of 38, hinges on sustained AI-driven demand, backed by $119 billion in supply contracts and an $80 billion buyback plan. Challenges include potential hyperscaler capital expenditure slowdowns and ongoing geopolitical tensions. Overall, NVIDIA trades attractively at 26 times forward earnings amid rapid revenue and earnings growth, facing sentiment hurdles more than financial ones.

Latest articles

Oil Pops, Tech Moves Sideways as Iran-Israel Tensions Flare

Oil Pops, Tech Moves Sideways as Iran-Israel Tensions Flare

8 June 2026
Wall Street’s main indexes rebounded at Monday’s open as chip stocks recovered and easing Middle East tensions offset an early oil price jump; the Dow rose 0.26%, S&P 500 gained 0.77%, and Nasdaq advanced 1.38%, after Friday’s tech rout and amid concerns the Fed may keep policy tighter for longer following strong U.S. jobs data.
Wall Street Hit With New AI Bubble Jitters as Doubts Grow

Wall Street Hit With New AI Bubble Jitters as Doubts Grow

8 June 2026
U.S. stocks rebounded Monday after a $2 trillion wipeout led by chip stocks, but investors are questioning whether massive AI spending can deliver durable earnings as strong jobs data dims hopes for Fed rate cuts, raising pressure on high-priced growth shares.
Mortgage Rates Fall but Buyers Still Face Pressure

Mortgage Rates Fall but Buyers Still Face Pressure

8 June 2026
U.S. mortgage rates dipped to 6.48% from 6.53%, offering slight relief as the housing market faces falling listing prices—down 2.4% year-over-year to $429,500—but persistent high borrowing costs and strong jobs data threaten to push rates higher, risking further pressure on home sales and affordability.
QQQ Slides 4.8% But Options Market Sends Mixed Signals

QQQ Slides 4.8% But Options Market Sends Mixed Signals

8 June 2026
QQQ jumped 1.6% to $716.47 Monday after a 4.8% drop, as options data showed traders cautious but not panicked; the rebound follows a tech selloff sparked by Fed rate fears and AI spending doubts, while upcoming Nasdaq-100 rebalancing and new ETF competition add uncertainty for investors.
SOXL’s 433% Rally in AI Chip Sector Meets Sharp Pullback

SOXL’s 433% Rally in AI Chip Sector Meets Sharp Pullback

8 June 2026
SOXL surged nearly 15% to $209.62 Monday after last week’s 30.5% plunge, as chip stocks rebounded from a $1.3 trillion rout; leveraged ETF swings highlight the risks of daily resets, with Direxion and regulators warning these funds are trading tools, not long-term bets, especially as investors eye upcoming inflation data and Fed meetings.
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