Today: 3 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.

St. James’s Place share price sinks 9% as AI jitters hit wealth managers again

St. James’s Place share price sinks 9% as AI jitters hit wealth managers again

St James’s Place shares dropped about 9% to 1,318 pence in early London trading Wednesday, extending a two-day slide amid renewed fears over AI-driven disruption in financial services. The selloff follows similar moves in U.S. brokerage stocks after new AI tax tools were announced. Investors await the group’s Feb. 25 results for updates on client flows and cash returns.
SSE share price near a fresh high — what investors are watching next

SSE share price near a fresh high — what investors are watching next

SSE shares rose 0.2% to 2,555 pence by 0847 GMT Wednesday, holding near record highs after hitting 2,578 pence earlier. The stock set a new 52-week high Tuesday, closing at 25.50 pounds on heavy volume. Recent filings showed small director share purchases under an incentive plan. SSE forecasts 2025/26 adjusted EPS of 144–152 pence and sharply higher network investment.
11 February 2026
Dow futures tick up as delayed jobs report nears and an AI tax tool rattles Schwab

Dow futures tick up as delayed jobs report nears and an AI tax tool rattles Schwab

The Dow closed at a record 50,188.14 Tuesday, while the S&P 500 and Nasdaq slipped after weak retail sales. U.S. stock futures edged higher late as traders awaited a delayed January jobs report, expected to show a 70,000 payroll gain and 4.4% unemployment. Brokerage shares fell sharply on AI disruption fears. Robinhood dropped 6.3% after missing revenue estimates.
RELX share price slides near 52-week low ahead of results as AI worries hang over data stocks

RELX share price slides near 52-week low ahead of results as AI worries hang over data stocks

RELX shares dropped about 3% in early London trading Wednesday, nearing a 52-week low ahead of annual results due Thursday. The stock traded at 2,078 pence by 08:30 GMT, down from 2,146. Investors remain cautious after a sharp selloff in “AI-exposed” data firms, with RELX and Thomson Reuters both down roughly a third since late 2025.
Lloyds share price: Buyback filing lands as stock heads into London open after Tuesday slide

Lloyds share price: Buyback filing lands as stock heads into London open after Tuesday slide

Lloyds Banking Group ended Tuesday down 2.33% at 102.80p after announcing the repurchase of 10 million shares for cancellation and final terms for €1.5 billion in euro notes. The buybacks follow a 12% rise in 2025 pretax profit and raised return targets. Investors are watching capital returns and UK rate expectations ahead of the bank’s annual report due Feb. 13.
GSK stock price in focus before London open after China starts Arexvy review

GSK stock price in focus before London open after China starts Arexvy review

China’s Center for Drug Evaluation has accepted GSK’s Arexvy RSV vaccine application for review, with a decision expected in 2027. GSK shares closed Tuesday up 0.42% at 2,168 pence ahead of the London open. JPMorgan raised its target price to £22.50, and the company’s next dividend goes ex-dividend on Feb. 19. Non-executive director Hal Barron sold 67,602 ADSs at $59.17 on Feb. 5.
11 February 2026
Barclays share price in focus as £1 billion buyback starts after results jolt

Barclays share price in focus as £1 billion buyback starts after results jolt

Barclays launched a £1 billion share buyback Wednesday after reporting 2025 pretax profit of £9.1 billion, up 12%. Shares closed Tuesday at 474.40 pence, down 2.5%, on heavy volume. The bank targets over 14% return on tangible equity by 2028 and plans to return more than £15 billion to shareholders from 2026–2028. Investors are watching U.S. card business risks after a proposed credit-card fee cap.
11 February 2026
Intapp stock price jumps as software rebound returns; Feb 25 Investor Day in focus

Intapp stock price jumps as software rebound returns; Feb 25 Investor Day in focus

Intapp shares rose 7.7% to $26.25 in New York trading after last week’s software selloff. The iShares Expanded Tech-Software ETF gained 2% as retail inflows hit a record $176 million, according to Vanda Research. Intapp reported SaaS revenue of $102.5 million and announced a new $200 million share buyback. Investors await Intapp’s Feb. 25 Investor Day for updates on its AI strategy.
10 February 2026
FMC stock price jumps nearly 7% as traders weigh strategic review and fresh Citi target cut

FMC stock price jumps nearly 7% as traders weigh strategic review and fresh Citi target cut

FMC shares jumped 7% to $16.46 Tuesday morning, extending gains after the company launched a strategic review that could include a sale and warned of weaker 2026 results. Citigroup cut its price target to $14 but kept a Neutral rating. Moody’s downgraded FMC’s debt to junk, citing increased event risk. The company’s annual shareholder meeting is set for April 28.
10 February 2026
MongoDB stock jumps 6% as Morgan Stanley flags cloud demand rebound ahead of March earnings

MongoDB stock jumps 6% as Morgan Stanley flags cloud demand rebound ahead of March earnings

MongoDB shares rose 6.3% to $380.32 Tuesday morning on Nasdaq, rebounding from an early drop amid renewed interest in cloud software stocks. Morgan Stanley and Goldman Sachs issued notes downplaying AI disruption fears and projecting revenue upside. Investors await MongoDB’s quarterly results due March 2 for updates on Atlas usage and revenue trends. Snowflake and Datadog also traded higher.
Hasbro stock jumps after earnings beat and $1B buyback — but 2026 sales outlook trails Wall Street

Hasbro stock jumps after earnings beat and $1B buyback — but 2026 sales outlook trails Wall Street

Hasbro shares jumped 7% to $103.71 Tuesday morning after beating holiday-quarter estimates and announcing a $1 billion buyback. Fourth-quarter revenue reached $1.45 billion, with adjusted earnings of $1.51 per share. The company forecast 2026 revenue growth of 3%–5%, below analyst expectations. Hasbro also unveiled a multi-year Harry Potter licensing deal with Warner Bros Discovery, starting in 2027.
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Latest articles

Dow futures edge lower with oil up, markets watch Wall Street highs

Dow futures edge lower with oil up, markets watch Wall Street highs

3 June 2026
U.S. stock futures were mixed early Wednesday as surging oil prices—Brent up 2.79% to $98.62 and WTI up 3.41% to $96.96—checked Wall Street’s record run, raising inflation fears and casting doubt on further Fed rate cuts, while AI-linked stocks like Marvell jumped 15% in premarket trading after Nvidia’s endorsement.
Nokia Stock Hits Fresh AI High — The Rally Now Has One Big Problem

Nokia Stock Hits Fresh AI High — The Rally Now Has One Big Problem

3 June 2026
Nokia shares surged to a new 52-week high of €14.75 in Helsinki as investors bet on AI-driven growth, with first-quarter operating profit up 54% and AI and cloud sales rising 49%, but analysts warn the stock’s forward P/E has doubled to 36 despite AI and cloud making up just 8% of sales.
Ondas Shares Jump 46% in a Week After Order Spike, Shareholder Vote Looms, Risk Remains

Ondas Traders Pause After Pre-Market Jolt From Navy Deal

3 June 2026
Ondas shares dropped 2.1% pre-market after CEO Eric Brock sold 2.4 million shares to cover tax on vested stock units, despite World View’s $4.8 million U.S. Navy contract win and a rising backlog; investors are watching if Ondas can convert its $457 million backlog into revenue as near-term insider selling weighs on sentiment.
Trump AI order gives OpenAI, Google and Anthropic 30 days on new models

Trump AI order gives OpenAI, Google and Anthropic 30 days on new models

3 June 2026
President Trump’s order gives U.S. agencies up to 30 days to review top AI models like Anthropic’s Claude Mythos Preview before wider release, introducing voluntary federal oversight that could delay launches and increase disclosure pressure for leading AI firms including OpenAI, Google, and Anthropic.
Plug Power Gets $39 Million Cash, Traders Watch the Open

Plug Power Gets $39 Million Cash, Traders Watch the Open

3 June 2026
Plug Power secured $39.2 million in cash by selling a federal clean-energy tax credit tied to its Louisiana hydrogen facility, keeping shares at $4.09 premarket after a 3.81% gain, as investors focus on near-term liquidity following $150 million in Q1 operating cash use and $223 million in unrestricted cash at quarter-end.
Rigetti moves up, but new filings keep quantum trades on edge

Rigetti moves up, but new filings keep quantum trades on edge

3 June 2026
Rigetti Computing shares jumped 4.9% to $26.88, boosting its market value to $9.0 billion as insider filings showed CEO Subodh Kulkarni and CTO David Rivas sold shares after option exercises, while investors weighed a proposed $100 million Commerce Department funding deal that could speed up R&D but may dilute shareholders if finalized; the company posted Q1 revenue of $4.4 million and an operating loss of $26.0 million.
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