Today: 13 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.

Apple Card switches banks: JPMorgan replaces Goldman in a two-year handoff

Apple Card switches banks: JPMorgan replaces Goldman in a two-year handoff

JPMorgan Chase will take over as issuer of Apple Card from Goldman Sachs in a transition set to last about 24 months. JPMorgan expects a $2.2 billion provision for credit losses tied to the deal, while Goldman projects a $0.46 boost to fourth-quarter 2025 earnings per share. Apple says card perks and Mastercard access will continue during the handover. Card balances of over $20 billion will move to JPMorgan’s platform.
10 January 2026
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Haleon PLC stock slides on operating model shake-up as investors look to Feb. 25 results

Haleon PLC stock slides on operating model shake-up as investors look to Feb. 25 results

Haleon shares fell 1.18% to 367.50p Friday after announcing a major operating overhaul, splitting its EMEA and Latin America regions and creating a standalone India Subcontinent unit. New senior roles include Filippo Lanzi as Chief Growth Officer and Björn Timelin as Chief Transformation Officer. The changes are set for mid-2026. Haleon’s market value stands at about £32.7 billion.
10 January 2026
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London Stock Exchange Group stock rises as buyback rolls on; investors eye Feb results

London Stock Exchange Group stock rises as buyback rolls on; investors eye Feb results

London Stock Exchange Group shares rose 1.1% to 8,952 pence Friday as the company continued its buyback, purchasing over 230,000 shares across two days for cancellation. The FTSE 100 closed at a record high, helped by U.S. jobs data and expectations for Federal Reserve rate cuts. LSEG’s buyback program, capped at £1 billion, is set to end by Feb. 25. Traders await U.S. inflation data Tuesday and LSEG results Feb. 26.
10 January 2026
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Dow and S&P 500 hit fresh record closes as chip rally shrugs off tariff noise

Dow and S&P 500 hit fresh record closes as chip rally shrugs off tariff noise

U.S. stocks closed at record highs Friday, with the S&P 500 finishing up 0.65% and the Dow up 0.48%, led by gains in chipmakers. The PHLX semiconductor index jumped 2.7% to a record after Meta agreed to buy power from Vistra’s nuclear plants. Investors trimmed bets on near-term Fed rate cuts after December payrolls rose by 50,000 and unemployment dipped to 4.4%. Markets watched for a Supreme Court ruling on tariffs.
10 January 2026
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Prudential plc stock: buyback filings and JPMorgan target lift keep shares in play before Monday

Prudential plc stock: buyback filings and JPMorgan target lift keep shares in play before Monday

Prudential repurchased 331,277 shares at 1,160.85 pence each as part of its $1.2 billion buyback program, reducing shares outstanding to 2.55 billion. JPMorgan raised its target price to 1,500 pence and kept an overweight rating. Shares closed Friday at 1,160.5 pence, down 1.5% for the week. Investors await inflation data and Prudential’s March 19 results.
10 January 2026
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Barclays stock: €1bn bond redemption and buyback set up a key February test

Barclays stock: €1bn bond redemption and buyback set up a key February test

Barclays will redeem €1 billion in senior callable notes, with payment set for Feb. 2 and delisting to follow. Shares closed Friday at 484.9p, up 0.04%. UK GDP and labor data due Jan. 15 and Jan. 20 may influence the Bank of England’s Feb. 5 rate decision and Barclays’ Feb. 10 earnings. The FCA’s proposed £11 billion motor finance redress scheme has prompted lenders to increase provisions.
10 January 2026
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National Grid share price holds near 52-week high after Barclays target hike as Storm Goretti hits power networks

National Grid share price holds near 52-week high after Barclays target hike as Storm Goretti hits power networks

National Grid shares closed up 0.8% at 1,192.5p on Friday, near their 52-week high, after Barclays raised its target price to 1,400p. Storm Goretti caused power outages across Britain, with most supply now restored. Ofgem’s regulatory decisions and storm recovery costs remain in focus. Senior managers made small share purchases under the company’s employee plan.
10 January 2026
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Tesco (TSCO.L) stock slips after Christmas update boosts profit view — what traders watch next

Tesco (TSCO.L) stock slips after Christmas update boosts profit view — what traders watch next

Tesco shares closed down 1.6% at 415.4 pence Friday, extending losses despite the retailer raising its profit outlook after a 3.2% rise in Christmas sales. CEO Ken Murphy and CFO Imran Nawaz bought shares after the slide. Tesco repurchased 475,248 shares on Jan. 8 under its buyback program. UK like-for-like sales rose 3.9% in Q3, but growth slowed from the previous quarter.
10 January 2026
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Stock Market Today

  • SpaceX IPO Sparks Stock Market Rally Amid Mega Deals and Growing Cash Reserves
    June 13, 2026, 12:58 PM EDT. SpaceX's historic IPO, raising $75 billion, sent its shares up 19% to a $2.1 trillion valuation, fueling a Wall Street boost. The company's debut eased fears about the market's ability to absorb mega IPOs amid an environment of significant equity supply. Stocks rallied, with the S&P 500 and Nasdaq both posting weekly gains near 0.7%. Investor caution led to trimming positions in firms like Goldman Sachs and Eaton, increasing cash reserves to 12% to brace for potential volatility. Corning's multi-billion-dollar optical fiber deal with Amazon highlighted ongoing AI-driven demand in data center infrastructure expansion. Overall, the market showed resilience ahead of the Federal Reserve's upcoming interest rate decision.

Latest articles

PayPal Stock Near $41 as July Earnings Loom After Market Rally

PayPal Stock Near $41 as July Earnings Loom After Market Rally

13 June 2026
PayPal closed at $41.53, up 0.7%, as investors weigh a low P/E of 7.8 and $1.5 billion in Q1 buybacks against falling GAAP margins, weak near-term profit guidance, and a recent slip in active accounts; the next major catalyst is PayPal’s Q2 earnings call on July 28.
Berkshire Hathaway Shares Up With Taylor Morrison Deal Vote Ahead

Berkshire Hathaway Shares Up With Taylor Morrison Deal Vote Ahead

13 June 2026
Berkshire Hathaway Class B shares closed up 0.71% at $489.25 after a key proxy filing advanced its $8.5 billion all-cash Taylor Morrison acquisition, spotlighting CEO Greg Abel’s capital allocation strategy as investors weigh modest valuation appeal against housing-cycle risks and await the shareholder vote as the next major catalyst.
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