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.

Metlen share price rebounds in London after profit warning; investors brace for March 31 results

Metlen share price rebounds in London after profit warning; investors brace for March 31 results

Metlen Energy & Metals shares rose 4.8% in London Monday after plunging 20% Friday on a profit warning and fresh project overruns. The stock hit a 52-week low of 35.20 euros before rebounding to 37.50 euros. Metlen cut its 2025 EBITDA outlook by 25% after new cost overruns at its M Power Projects unit and delays in renewables asset sales. Market value stood at €5.36 billion by mid-morning.
9 February 2026
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China Mobile stock slides after Goldman Sachs downgrade as 5G build outlook cools

China Mobile stock slides after Goldman Sachs downgrade as 5G build outlook cools

China Mobile shares fell 2.1% to HK$78.50 after Goldman Sachs downgraded the stock to “Neutral” and cut its target price to HK$88. The drop came as the Hang Seng Index rose 1.76%. Goldman cited slower 5G growth and flagged a reduced pace of new base-station rollouts for 2026 and 2027. China Telecom and China Unicom also slipped, but China Mobile’s decline was steeper.
9 February 2026
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SMIC stock jumps 4% in Hong Kong ahead of Tuesday results as chip sentiment steadies

SMIC stock jumps 4% in Hong Kong ahead of Tuesday results as chip sentiment steadies

SMIC shares closed up 4.1% at HK$70.35 in Hong Kong Monday ahead of a board meeting Tuesday to approve unaudited quarterly results. The move followed gains in global chip stocks and a strong Hong Kong debut for Montage Technology. SMIC’s Shanghai shares rose about 2% to 114.93 yuan. Investors are watching for updates on demand, capacity, and management’s outlook.
9 February 2026
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Stellantis stock price: what to watch before the open after ACC shelves two battery gigafactories

Stellantis stock price: what to watch before the open after ACC shelves two battery gigafactories

Stellantis shares fell 23.7% Friday after the company disclosed a €22.2 billion charge tied to scaling back electric-vehicle plans and shelving battery gigafactories in Italy and Germany. The battery joint venture ACC told unions the projects would not proceed. Stellantis reported a preliminary net loss of up to €21 billion for the second half of 2025 and canceled its dividend. Investors await further details at results on Feb. 26.
9 February 2026
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Datavault AI (DVLT) stock rises in premarket after Friday’s 33% spike — what investors watch next

Datavault AI (DVLT) stock rises in premarket after Friday’s 33% spike — what investors watch next

Datavault AI Inc shares climbed about 4% to $0.884 in premarket trading Monday after a 32.9% jump Friday. The company last week reported preliminary 2025 revenue of at least $30 million, up from $2.7 million in 2024, and announced $49 million in new agreements. No new press releases have been issued since Feb. 5. Token distribution is set to begin Feb. 21.
9 February 2026
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Pagaya stock jumps in premarket ahead of earnings call as PGY traders eye 2026 outlook

Pagaya stock jumps in premarket ahead of earnings call as PGY traders eye 2026 outlook

Pagaya shares jumped about 10% to $20.50 in premarket trading Monday ahead of its fourth-quarter and full-year 2025 results, due before the market opens. Analysts expect earnings of roughly $0.34 per share on $347 million in revenue. The company’s 8:30 a.m. ET call will include its 2026 outlook. Broader U.S. index futures traded higher before a busy week of economic data and earnings.
9 February 2026
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Novo Nordisk stock jumps 8% as Hims drops $49 semaglutide pill plan

Novo Nordisk stock jumps 8% as Hims drops $49 semaglutide pill plan

Novo Nordisk shares jumped 8.3% in Copenhagen after Hims & Hers scrapped plans to sell a $49 compounded semaglutide weight-loss pill. The move follows U.S. regulatory warnings and legal threats over mass-marketed compounded GLP-1 drugs. The FDA signaled enforcement action against unapproved compounded versions. Eli Lilly plans to launch a competing weight-loss pill in April.
9 February 2026
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DBS share price drops after earnings miss; dividend dates and rate outlook now in focus

DBS share price drops after earnings miss; dividend dates and rate outlook now in focus

DBS shares closed down 1.9% at S$58.19 after fourth-quarter profit fell 10% to S$2.26 billion, missing estimates. Net interest margin slipped to 1.93% from 2.15% a year earlier. The bank expects 2026 net profit to come in slightly below 2025 levels as rates fall. Investors await the April 8 ex-dividend date and results from UOB and OCBC later this month.
9 February 2026
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Billionaires Buy These AI Stocks Up 2,000% — and It’s Not Nvidia or Broadcom

Billionaires Buy These AI Stocks Up 2,000% — and It’s Not Nvidia or Broadcom

Ken Griffin, Cliff Asness, Israel Englander, and Steven Cohen bought shares of Palantir Technologies and Comfort Systems USA in the third quarter, according to a new report. Palantir shares have surged about 2,000% since January 2023, while Comfort Systems is up 970%. Palantir rose 4.5% and Comfort Systems 7% in premarket trading Monday. Robinhood Markets gained 14%, and Nvidia and Broadcom each rose 7%.
9 February 2026
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Diageo share price ticks higher as sterling slips — what to watch before Feb 25 results

Diageo share price ticks higher as sterling slips — what to watch before Feb 25 results

Diageo shares rose 0.6% to 1,770 pence in early London trading Monday as sterling weakened and investors positioned ahead of interim results due Feb. 25. The pound slipped after political turmoil and a dovish Bank of England vote. U.S.-listed Diageo ADRs edged down 0.2% premarket. Diageo last cut its annual forecast in November, citing softer demand in the U.S. and China.
9 February 2026
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Latest articles

Mastercard Tumbles Again; June 3 New York Update

Mastercard Tumbles Again; June 3 New York Update

3 June 2026
Mastercard shares slid 2.4% to $466.41 after announcing a senior leadership shakeup and new stablecoin settlement options, as investors weighed execution risks and the need for proof of growth beyond traditional card fees; trading volume was above average and the decline extended Tuesday’s 3.55% drop, outpacing losses in Visa and American Express.
Wellchange Stock Pops as WCT Sees Interest With Nasdaq Swings

Wellchange Stock Pops as WCT Sees Interest With Nasdaq Swings

3 June 2026
Wellchange shares more than doubled to $2.63 in heavy Nasdaq trading after regaining compliance with the $1 minimum bid rule in March, despite a 41.6% revenue drop and a wider net loss in its 2025 annual report; trading was repeatedly halted for volatility as the stock outperformed sector peers on a down day for the broader market.
Alphabet Stock Is Slipping After a Huge AI Cash Call. Here’s What Traders Are Watching

Alphabet Stock Is Slipping After a Huge AI Cash Call. Here’s What Traders Are Watching

3 June 2026
Alphabet’s Class A shares fell 0.8% after the company upsized and priced an $84.75 billion equity raise to fund AI infrastructure, increasing dilution risk for shareholders even as demand for AI services outpaces supply; the offering is set to close June 4-5, with Berkshire Hathaway as a key investor, but Alphabet warned future share sales could further weigh on stock prices.
Rivian Rises Ahead of R2 Launch on AT&T 5G Network Deal

Rivian Rises Ahead of R2 Launch on AT&T 5G Network Deal

3 June 2026
Rivian shares jumped 2.7% to $17.75 after announcing AT&T 5G connectivity for its upcoming R2 SUV, set to open for orders June 9; the R2 targets a wider market with a $57,990 starting price and 330-mile range, positioning Rivian against Tesla’s Model Y as analysts reiterate Buy ratings despite ongoing losses and production risks.
Redwire Shares Fall After Steep Space Rally; Traders React

Redwire Shares Fall After Steep Space Rally; Traders React

3 June 2026
Redwire shares plunged 8.7% to $18.78 after Jefferies downgraded the stock on valuation concerns, despite 57.9% Q1 revenue growth and a record $498.1 million backlog; investors now demand evidence that contract wins and strong demand will translate into actual revenue and profits as SpaceX’s record IPO looms and the space sector resets.
Goa Rooftop Solar Effort Faces Fresh Challenge With Local Installers Moving In

Goa Rooftop Solar Effort Faces Fresh Challenge With Local Installers Moving In

3 June 2026
Kunde Solar Solutions and Solstar Ultima LLP won top residential awards at Goa’s first Solar & Storage Expo, spotlighting local rooftop solar firms as India’s PM Surya Ghar scheme targets 10 million homes by March 2027 with subsidies up to ₹78,000; rollout faces risks from bank reluctance, state delays, and grid issues, with no new financials or project targets disclosed for the winners.
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