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.

Newmont (NEM) stock drops 5.6% as CME margin hike jolts gold and silver

Newmont (NEM) stock drops 5.6% as CME margin hike jolts gold and silver

Newmont shares fell 5.6% to $99.81 Monday, the steepest drop in the S&P 500, after CME Group raised margin requirements on gold and silver futures. Gold slid about 5% and silver 8%, pressuring mining stocks. Raymond James raised its Newmont price target to $111, citing updated gold forecasts. CEO Tom Palmer will step down Dec. 31, with Natascha Viljoen taking over Jan. 1.
30 December 2025
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RVNL tops Rs 201 crore East Coast Railway wagon workshop tender, putting shares back in focus

RVNL tops Rs 201 crore East Coast Railway wagon workshop tender, putting shares back in focus

Rail Vikas Nigam Ltd was named lowest bidder for a Rs 201.23 crore contract to build a 200-wagon maintenance workshop at Kantabanji for East Coast Railway. RVNL shares fell 5.25% Monday, closing at Rs 367.60 after fluctuating between Rs 400.90 and Rs 366.15. The project has an 18-month execution period. About 4 million shares changed hands in roughly 48,700 trades.
30 December 2025
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Hindalco sets Feb 12 results meeting as stock nears fresh highs; Novelis outlook in focus

Hindalco sets Feb 12 results meeting as stock nears fresh highs; Novelis outlook in focus

Hindalco Industries set a Feb. 12 board meeting to approve quarterly and nine-month results. Shares hit a 52-week high of 887.45 rupees Monday before slipping about 1%. Axis Securities flagged near-term disruptions at Novelis from an Oswego fire and Bay Minette project delays, with management guiding for a $100–$150 million EBITDA hit in H2 FY26. The company will close its trading window ahead of results.
30 December 2025
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Kinross Gold stock slides 5% as metals retreat from record highs; Fed minutes ahead

Kinross Gold stock slides 5% as metals retreat from record highs; Fed minutes ahead

Kinross Gold shares dropped 5% to $28.21 Monday as gold and silver prices plunged from record highs, with spot gold down 4.5% and silver off 9.5%. The Chicago Mercantile Exchange raised margin requirements for gold and silver futures late Friday. Newmont shares fell 5.6%. Investors await Federal Reserve minutes Tuesday for signals on rates and market direction.
30 December 2025
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Republic Power (RPGL) stock surges 160% on outsized volume as investors eye Dec. 31 share-consolidation vote

Republic Power (RPGL) stock surges 160% on outsized volume as investors eye Dec. 31 share-consolidation vote

Republic Power Group Limited shares soared 159.55% to close at $0.6834 Monday, with trading volume surging to 526.3 million shares. The spike comes ahead of a Dec. 31 shareholder meeting on a proposed share consolidation. The company recently filed a delayed annual report after receiving a Nasdaq compliance notice. Shares slipped 3.15% after hours.
30 December 2025
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DigitalBridge stock jumps nearly 10% on SoftBank’s $4 billion buyout offer — what investors watch next

DigitalBridge stock jumps nearly 10% on SoftBank’s $4 billion buyout offer — what investors watch next

DigitalBridge shares rose 9.7% to $15.27 after SoftBank agreed to acquire the company for $16 a share in cash, valuing it at about $4 billion including debt. The stock closed 4.6% below the offer price as traders watched for regulatory reviews and deal risk. About 86 million shares traded, well above average. The deal is expected to close in the second half of 2026.
30 December 2025
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Mereo BioPharma stock crashes 88% after Phase 3 setrusumab miss sinks brittle-bone hopes

Mereo BioPharma stock crashes 88% after Phase 3 setrusumab miss sinks brittle-bone hopes

Mereo BioPharma shares plunged 87.65% to $0.29 after late-stage trials of setrusumab failed to meet the main fracture-rate goal in osteogenesis imperfecta. Both Phase 3 studies missed the primary endpoint, though bone mineral density improved and no new safety issues appeared. Analysts cut ratings as the company moved to reduce spending. Trading volume reached about 241 million shares.
30 December 2025
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Cemtrex (CETX) stock ends lower as FY2025 results tout operating profit but 10-K flags going-concern doubt

Cemtrex (CETX) stock ends lower as FY2025 results tout operating profit but 10-K flags going-concern doubt

Cemtrex shares fell 7.5% to $2.11 Monday before the company reported fiscal 2025 revenue rose to $76.5 million and a return to operating profit. Its annual filing showed a net loss of $28.3 million, driven by $26 million in warrant-related charges, and flagged “substantial doubt” about the company’s ability to continue as a going concern due to near-term funding needs and $13.5 million in debt.
30 December 2025
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BNAI stock doubles as Brand Engagement Network lands AI pharma deal, eyes recurring fees

BNAI stock doubles as Brand Engagement Network lands AI pharma deal, eyes recurring fees

Brand Engagement Network shares surged 108.8% to $2.51 Monday after announcing a pharma AI contract expected to bring $250,000 in Q4 revenue and monthly license fees in early 2026. Volume jumped to 148.6 million shares. The company reported $102,715 in cash at Sept. 30 and $60,120 in Q3 revenue. Traders are watching if BNAI holds above $2.50 after the spike.
30 December 2025
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Stock Market Today

  • Piper Sandler Raises Alphabet (GOOGL) Price Target to $445 on AI Growth
    June 8, 2026, 10:37 AM EDT. Piper Sandler analyst Thomas Champion raised the price target for Alphabet Inc. (NASDAQ: GOOGL) to $445 from $425, maintaining an "Overweight" rating. The upgrade follows the firm's analysis of citations data showing rapid expansion in Google's AI-assisted search queries, which are now three times longer than traditional searches. Alphabet leads citation share in AI searches due to YouTube and Google properties. The growth aligns with management commentary about strong user engagement driven by AI Mode. Piper Sandler views Alphabet positively amid AI search growth but notes other AI stocks may offer greater upside and less risk. Alphabet's operations span search, ads, cloud services, and more.

Latest articles

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.
Corning Wins Amazon AI Fiber Deal; GLW Faces Next Hurdle

Corning Wins Amazon AI Fiber Deal; GLW Faces Next Hurdle

8 June 2026
Amazon’s new multibillion-dollar supply deal makes Corning a key fiber provider for U.S. data centers, but with shares up 305% in 12 months and investors already pricing in big AI wins, the stock was little changed at $177.58 premarket as risks of factory delays and high expectations loom.
BlackBerry Shares Stall After QNX Push

BlackBerry Stock Moves in Pre-Market Ahead of June Test

8 June 2026
BlackBerry’s U.S. shares rose 2.34% in premarket trading to $9.63 after Friday’s 8.99% drop, but with analyst targets averaging just $4.98, investors are betting on QNX growth and secure-communications wins ahead of June 25 earnings; any disappointment could hit the stock hard.
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