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.

Westpac shares (ASX:WBC) in focus after bushfire relief package as rate outlook shifts

Westpac shares (ASX:WBC) in focus after bushfire relief package as rate outlook shifts

Westpac will offer repayment deferrals and short-term credit support to customers affected by Victorian bushfires as fires force evacuations and disrupt businesses. The bank’s shares closed at A$37.90 on Friday, down 0.29%, alongside broader losses in the sector. Traders await Australia’s quarterly CPI on Jan. 28 and the Reserve Bank’s rate decision on Feb. 3.
10 January 2026
Northern Star shares: ASX query puts NST costs and Super Pit repairs back in focus

Northern Star shares: ASX query puts NST costs and Super Pit repairs back in focus

Northern Star Resources said it cannot yet quantify the impact of weaker December-quarter gold sales on FY26 costs after a key crusher at its Kalgoorlie mine failed on Dec. 23 and was restored Jan. 5. Shares closed at A$24.72, up 0.49%. The company cut its FY26 production guidance last week and will update investors with quarterly results on Jan. 22.
10 January 2026
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ANZ stock slips into weekend as rate nerves linger; CPI and RBA set next test

ANZ stock slips into weekend as rate nerves linger; CPI and RBA set next test

ANZ Group Holdings fell 0.6% to A$35.45 Friday, tracking declines across Australia’s major banks as investors awaited U.S. jobs data and local inflation figures. The Reserve Bank of Australia signaled it will watch fourth-quarter CPI, due Jan. 28, before its Feb. 3 policy meeting. ANZ shares traded between A$35.23 and A$35.82, with traders eyeing A$35.20–A$35.30 as key support.
10 January 2026
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Polestar stock drops despite “best year ever” sales; Feb. 18 update is next test

Polestar stock drops despite “best year ever” sales; Feb. 18 update is next test

Polestar shares fell 5.9% to $20.90 in Friday’s Nasdaq session after the company reported preliminary 2025 retail sales of about 60,119 cars, up 34%, and a 27% rise in fourth-quarter volumes. The company said a December ADS ratio change restored compliance with Nasdaq’s $1 bid-price rule. CEO Michael Lohscheller set Feb. 18 for a strategy update. Europe now accounts for 78% of sales as U.S. tariffs and competition weigh.
9 January 2026
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Hims & Hers stock slides as Amazon starts selling Novo Nordisk’s new Wegovy pill

Hims & Hers stock slides as Amazon starts selling Novo Nordisk’s new Wegovy pill

Hims & Hers shares dropped 5.3% to $32.06 after Amazon Pharmacy began offering Novo Nordisk’s Wegovy weight-loss pill. Bank of America cut its price target on Hims, citing margin and spending risks for 2026. The stock fell from an intraday high of $34.35. Investors are watching for signs of pricing pressure and updated forecasts ahead of Hims’ next earnings report.
9 January 2026
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Las Vegas Sands stock slides as Macau margin jitters flare — what investors are watching next

Las Vegas Sands stock slides as Macau margin jitters flare — what investors are watching next

Las Vegas Sands shares fell 4.3% to $59.25 Friday afternoon, underperforming a rising U.S. market. Analysts cited concerns over Macau operating costs and fourth-quarter margins after Sands China and Melco Resorts dropped sharply in Hong Kong. Other casino stocks with Macau exposure also declined. Investors are watching for the company’s next results update later this month.
9 January 2026
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Arcutis stock sinks 5% after wild swing as traders eye Fed, FDA clock and earnings

Arcutis stock sinks 5% after wild swing as traders eye Fed, FDA clock and earnings

Arcutis Biotherapeutics shares fell 5.3% to $28.29 Friday after an early surge, tracking a shift in rate expectations following a soft U.S. jobs report. Broader biotech indexes rose. Investors are watching for Arcutis’ next earnings on Feb. 24 and an FDA decision on ZORYVE for children by June 29. The Fed’s late-January meeting remains a key focus for traders.
9 January 2026
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Intuitive Machines (LUNR) stock slides after Stifel downgrade as NASA moon rover decision nears

Intuitive Machines (LUNR) stock slides after Stifel downgrade as NASA moon rover decision nears

Intuitive Machines shares fell 3.8% to $18.88 Friday after Stifel downgraded the stock to “hold,” citing uncertainty over a pending NASA rover contract. The stock swung between $17.82 and $19.73 on heavy volume. NASA’s Lunar Terrain Vehicle award remains undecided. Investors are also watching for U.S. inflation data on Jan. 13 and company earnings on March 19.
9 January 2026
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Stock Market Today

  • ChronoScale Stock Soars Amid High Valuation and Losses
    June 13, 2026, 2:14 PM EDT. ChronoScale (CHRN) shares surged 134.18% year-to-date, delivering a 378.12% total return over one year despite a $72.73 million loss on $84.38 million revenue. The Dallas-based AI compute platform's stock trades at a striking price-to-sales (P/S) ratio of 31.3x, far above the US IT sector average of 1.7x and peers at 2.3x. This elevated P/S indicates strong investor expectations for future revenue growth and profitability, though it raises risks if the company fails to meet these projections. Investors are advised to weigh these factors carefully and consider broader AI infrastructure opportunities. The sharp ascent and stretched valuation suggest volatility ahead, making due diligence crucial.

Latest articles

FINRA hits Merrill Lynch with $225,000 fine for 1,600 missed customer complaints

FINRA hits Merrill Lynch with $225,000 fine for 1,600 missed customer complaints

13 June 2026
FINRA fined Merrill Lynch $225,000 and issued a censure after finding the firm failed to report over 1,600 customer complaints from post-call surveys in 2023, citing inadequate supervisory review and violation of reporting rules; Merrill self-disclosed, conducted a lookback, resolved complaints, and suspended written survey comments in January 2024.
Starbucks Stock Price Nears 52-Week High as Turnaround Rally Faces a Valuation Test

Starbucks Stock Price Nears 52-Week High as Turnaround Rally Faces a Valuation Test

13 June 2026
Starbucks closed Friday at $103.04, up 0.74% and just 5% below its 52-week high, as investors await fiscal Q3 results to see if strong traffic can keep offsetting labor and coffee-cost pressure; management recently raised 2026 guidance after reporting 6.2% global comp sales growth and a 9% revenue jump in Q2, but margin declines and a high P/E ratio leave little room for disappointment.
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