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.

Web Travel Group share price rebounds 19% after Spanish tax audit scare — what investors watch next

Web Travel Group share price rebounds 19% after Spanish tax audit scare — what investors watch next

Web Travel Group shares jumped 18.6% to A$3.51 after the company reaffirmed FY26 EBITDA guidance despite a new Spanish tax audit. The audit, covering taxes from 2021 to 2025, began Feb. 5 and remains in early stages. Analysts say uncertainty over the review’s timing and cost could keep the stock volatile. The company said Spain accounts for about 10%–12% of group revenue.
9 February 2026
Woodside Energy share price rises as oil slips; what investors watch next

Woodside Energy share price rises as oil slips; what investors watch next

Woodside Energy shares rose 1.4% to A$25.84 on Monday, outperforming as oil prices fell about 1% in Asia after U.S.-Iran nuclear talks eased supply fears. Acting CEO Liz Westcott said 2026 output would dip due to planned Pluto LNG downtime, with Scarborough gas start-up on track for late 2026. Investors await Woodside’s annual report and briefing on Feb 24.
Air Transat’s Brazil bet: Rio flights take off as 50 new airline routes start in February 2026

Air Transat’s Brazil bet: Rio flights take off as 50 new airline routes start in February 2026

Air Transat has launched nonstop flights to Rio de Janeiro from Toronto and Montreal, becoming the only carrier with a direct Montreal-Rio link. The airline will operate twice weekly from Toronto and once weekly from Montreal through early June, using Airbus A330s. Air Canada and Porter are also adding new international routes this month, intensifying competition for Canadian winter travellers.
9 February 2026
Fortescue share price jumps 2.6% as miners rebound; cyclone watch keeps iron ore in focus

Fortescue share price jumps 2.6% as miners rebound; cyclone watch keeps iron ore in focus

Fortescue Ltd shares rose 2.6% to A$21.78 Monday, rebounding with other miners as the S&P/ASX 200 index gained 1.9% after last week’s sharp drop. Port Hedland reopened Sunday after Cyclone Mitchell forced closures, but nearby ports stayed shut. Copper prices topped $13,000 a ton, lifting major miners. Fortescue’s half-year results are due Feb. 25, with investors watching for cyclone impact on shipments.
9 February 2026
Macquarie (MQG) share price rebounds — but Tuesday’s trading update is the real test

Macquarie (MQG) share price rebounds — but Tuesday’s trading update is the real test

Macquarie shares rose 2.4% to A$212.91 on Monday, rebounding with the S&P/ASX 200, which jumped 1.9% in its strongest session since April. The stock recovered most of last week’s losses as financials hit their highest level since mid-November. No new company announcements were issued. Investors await Macquarie’s operational briefing Tuesday for updates on trading conditions.
9 February 2026
CBA share price holds near A$160 as Commonwealth Bank earnings and dividend dates loom

CBA share price holds near A$160 as Commonwealth Bank earnings and dividend dates loom

Commonwealth Bank of Australia shares rose 0.6% to A$159.89 Monday ahead of half-year results and an interim dividend decision due Wednesday. The S&P/ASX 200 rebounded 1.85% after last week’s drop. CBA and other banks will lift variable home-loan rates by 0.25 percentage point from Feb. 13, following the RBA’s rate hike. The stock will trade ex-dividend Feb. 18, with payment expected around March 30.
9 February 2026
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Stock Market Today

  • CNBC's Andrew Ross Sorkin Warns of Imminent Stock Market Crash
    June 3, 2026, 2:46 PM EDT. CNBC anchor and author Andrew Ross Sorkin warns of an impending stock market crash, citing parallels to the 1929 crash. Sorkin highlights the current market's frothy valuations, particularly driven by the artificial intelligence boom, which he describes as either a golden opportunity or an unsustainable sugar rush. He warns that despite strong rallies, underlying risks like rising market debt and weakened regulatory guardrails could trigger a loss of confidence. Sorkin cautions that a crash is inevitable, though the timing and severity remain uncertain. He also points to reduced oversight at the Consumer Protection Bureau and insufficient transparency in private companies as echoing conditions of the 1929 crash. Investors remain wary as historical risks resurface amid optimistic market sentiment.

Latest articles

AT&T Shares Drop After SpaceX Starlink News Hits Wall Street

AT&T Shares Drop After SpaceX Starlink News Hits Wall Street

3 June 2026
AT&T plunged 3.7% after Oppenheimer downgraded the stock, warning that SpaceX’s Starlink could threaten AT&T’s broadband and wireless growth, putting its cash-flow-driven investment case at risk as satellite competition intensifies and the firm removed its $32 price target.
Tesla gets its robotaxi move, but traders pause

Tesla gets its robotaxi move, but traders pause

3 June 2026
Tesla shares dipped 0.5% to $421.63 after launching unsupervised robotaxis across Austin, testing investor hopes that autonomy can drive profits; despite a 39.4% jump in China EV sales, traders showed caution, with Tesla’s high price-to-earnings ratio leaving the stock vulnerable to doubts about robotaxi safety and scalability.
Amazon Shares Fall as Prime Day Change Raises Investor Questions

Amazon Shares Fall as Prime Day Change Raises Investor Questions

3 June 2026
Amazon shares slid 3.2% to $248.42 as investors eyed the June 23-26 Prime Day, moved up from July, as a key test of U.S. consumer demand amid inflation concerns; AWS growth remains strong but faces rising competition, while heavy AI investment and higher delivery costs add risk.
ServiceNow Drops as AI Software Stocks Lose Steam

ServiceNow Drops as AI Software Stocks Lose Steam

3 June 2026
ServiceNow shares plunged nearly 6% to $120.14 as software stocks broadly tumbled, testing the sector’s AI-driven rally; despite strong Q1 results and bullish analyst calls, investors are questioning if AI will boost or erode enterprise software demand, with risks from delayed deals and premium valuations weighing on the stock.
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