Today: 9 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.

Buffett steps down at Berkshire: Abel inherits an Apple-heavy portfolio — and a new Alphabet stake

Buffett steps down at Berkshire: Abel inherits an Apple-heavy portfolio — and a new Alphabet stake

Warren Buffett stepped down as Berkshire Hathaway CEO at year-end, with Greg Abel taking over. Berkshire’s latest regulatory filing showed Apple remained its largest stock holding at $60.7 billion, while a new $4.3 billion Alphabet position ranked tenth. Berkshire’s Class A shares slipped 0.1% on Dec. 31. The company ended September with $381.7 billion in cash and equivalents.
Nvidia’s China moat faces a new test as Biren pops 76% and Baidu chip unit files for Hong Kong IPO

Nvidia’s China moat faces a new test as Biren pops 76% and Baidu chip unit files for Hong Kong IPO

Shanghai Biren Technology surged 76% in its Hong Kong debut Friday, raising HK$5.58 billion after its IPO was heavily oversubscribed. Baidu said its AI chip unit Kunlunxin confidentially filed for a Hong Kong listing on Jan. 1. Samsung reported positive customer feedback for its HBM4 memory and is in talks to supply Nvidia. The U.S. granted TSMC an annual license to import chipmaking equipment to its Nanjing plant.
Rocket Lab (RKLB) stock rises in premarket as Space Force satellite deal stays in focus

Rocket Lab (RKLB) stock rises in premarket as Space Force satellite deal stays in focus

Rocket Lab shares rose 3.5% to $72.20 in premarket trading Friday after closing 2025 at $69.76. The move follows an $816 million contract awarded by the U.S. Space Development Agency for 18 satellites, with delivery expected in 2029. The deal is part of a $3.5 billion order split among Rocket Lab, Lockheed Martin, L3Harris, and Northrop Grumman.
Alphabet stock today: GOOGL slips in premarket even after a $385 price-target hike

Alphabet stock today: GOOGL slips in premarket even after a $385 price-target hike

Alphabet Class A shares fell 0.3% to $313 in early U.S. premarket trading Friday, valuing the company at $2.94 trillion. Citizens raised its price target to $385, citing gains from AI-powered search features. Analysts expect Alphabet’s earnings growth to slow in 2026 as capital spending rises nearly 29% to $114 billion. Investors await U.S. economic data later Friday and next week’s jobs report for signals on Fed policy.
2 January 2026
CoreWeave (CRWV) stock in focus as insider sale filing lands ahead of Friday open

CoreWeave (CRWV) stock in focus as insider sale filing lands ahead of Friday open

CoreWeave shares were flat at $71.61 in premarket trading Friday after falling 3.1% in the previous session. A regulatory filing showed Chief Development Officer Brannin McBee sold 102,835 shares on Dec. 29 under a preset trading plan. The stock remains about 62% below its 52-week high. Investors await February earnings for updates on capacity expansion and spending.
2 January 2026
Two Vanguard ETFs are back in focus as 2026 starts — VOO vs VGT debate heats up

Two Vanguard ETFs are back in focus as 2026 starts — VOO vs VGT debate heats up

U.S. equity funds saw $16.9 billion in net inflows for the week ending Dec. 31, according to LSEG Lipper. Investors favored low-cost ETFs like Vanguard’s VOO and VGT, which now holds $114.3 billion in assets with Nvidia, Apple, and Microsoft making up over 44%. The S&P 500 rose more than 16% in 2025. Strategists warn 2026 returns may hinge on broader earnings growth beyond megacap tech.
Lloyds Bank closures start this month as 17 UK branches set to shut in January 2026

Lloyds Bank closures start this month as 17 UK branches set to shut in January 2026

Lloyds Bank will close 17 branches across Britain in January, starting Jan. 8 with Gillingham, Dorset. Closures span England and Wales, with Ammanford shutting Jan. 12 and Chester-le-Street Jan. 14. Halifax and Bank of Scotland, also owned by Lloyds, have published separate closure lists. Lloyds says some affected towns will get banking hubs or community banker visits.
2 January 2026
ASML stock slips in premarket after Aletheia upgrade lifts target to $1,500

ASML stock slips in premarket after Aletheia upgrade lifts target to $1,500

ASML shares slipped 0.25% to $1,069.86 in U.S. premarket trading Friday despite an analyst upgrade to Buy and a price target hike to $1,500. Investors are watching China chip-tool rules and ASML’s Jan. 28 earnings for signals on 2026 demand. TSMC rose 1.4% premarket after a U.S. license for China equipment imports. The STOXX 600 gained 0.6% early Friday as European markets reopened.
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Stock Market Today

  • OpenAI Files Confidential SEC Paperwork for IPO Amid AI Market Race
    June 8, 2026, 11:46 PM EDT. OpenAI, the maker of ChatGPT, filed confidential paperwork with the U.S. Securities and Exchange Commission as it contemplates an initial public offering (IPO), joining a competitive wave of AI companies eyeing Wall Street. Valued at $852 billion, OpenAI has not set a timetable for the IPO, citing strategic trade-offs. The San Francisco-based firm's move follows rival Anthropic and space company SpaceX, both pursuing public listings. OpenAI reorganized as a public benefit corporation, maintaining nonprofit control, and recently won a legal battle against co-founder Elon Musk, clearing the path for its potential IPO. The company continues to operate at a loss due to high AI development costs but is positioning itself with public-company financial practices under CFO Sarah Friar. OpenAI's listing would place it among the largest S&P 500 firms, reflecting the growing investor appetite for AI sector pioneers.

Latest articles

Chip Rally Breaks as Nasdaq Faces Tight Labor Market

Nasdaq rises after hours as chips recover

9 June 2026
Nasdaq jumped 0.86% as chip stocks rebounded, with Intel soaring 11.2% on news Google ordered over 3 million AI chips for 2028, while Apple slid 1.9% after unveiling new AI features. Investors await Wednesday’s May CPI inflation report, which could spark volatility in tech and growth stocks.
Broadcom Stock Rebounds, AI Remains an Open Question for Wall Street

Broadcom Stock Rebounds, AI Remains an Open Question for Wall Street

9 June 2026
Broadcom shares jumped 2.8% to $396.60 as chip stocks rebounded after last week’s $1 trillion sector wipeout, but investors remain cautious after Broadcom’s Q2 revenue missed expectations and the company declined to raise its 2027 AI revenue forecast, fueling concerns that rapid AI growth may not meet Wall Street’s high demands.
BitMine Stock Gains as Ether Holdings Approach 5% Target

BitMine Stock Gains as Ether Holdings Approach 5% Target

9 June 2026
BitMine Immersion Technologies shares jumped 6% after revealing ether holdings climbed to 5.54 million tokens, now 4.59% of Ethereum’s supply, with $9.6 billion in crypto, cash and stakes. The company priced a $273.8 million preferred stock offering, with proceeds possibly funding more ETH purchases and staking. BitMine projects $230 million in annualized staking revenues but warns of risks if ETH or financing falters.
Mingteng Stock Jumps 81% After Halting $100M Share Sale Plan

Mingteng Stock Jumps 81% After Halting $100M Share Sale Plan

9 June 2026
Mingteng International shares soared 81.3% to $1.94 after the company ended its at-the-market stock sale plan, having raised about $20.6 million in gross proceeds; trading volume hit 24.2 million, dwarfing its $12 million market value, as the move outpaced gains in other U.S.-listed China auto stocks.
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