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.

Glencore shares steady after Rio walks away — what to watch before Monday’s trade

Glencore shares steady after Rio walks away — what to watch before Monday’s trade

Glencore shares closed up 0.6% at 478.10 pence Friday after Rio Tinto ended merger talks, issuing a “no intention to bid” statement. Glencore’s board rejected the proposed deal terms, citing concerns over valuation and governance. Attention now turns to possible asset sales, including its $5 billion Kazzinc stake, ahead of Glencore’s annual results on Feb. 18.
8 February 2026
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CapitaLand Investment share price jumps into earnings week as 9CI closes at S$3.12

CapitaLand Investment share price jumps into earnings week as 9CI closes at S$3.12

CapitaLand Investment shares closed up 1.3% at S$3.12 on Friday, outperforming the STI, which fell 0.83%. CapitaLand Integrated Commercial Trust reported a 16.4% rise in second-half distributable income to S$449 million and a 9.4% increase in distribution per unit. Full-year results for CapitaLand Investment are due Feb. 11. Markets are closed for the weekend.
8 February 2026
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Stock Market Today

  • Duke Energy Surpasses CME Group in S&P 500 Market Cap Rankings
    June 3, 2026, 4:56 PM EDT. Duke Energy Corp (DUK) has moved into the #116 position within the S&P 500 by market capitalization, surpassing CME Group (CME). Duke's market cap stands at $94.40 billion compared to CME's $90.78 billion, reflecting its growing valuation. Market capitalization, calculated by multiplying a company's stock price by its total shares outstanding, provides investors a clear method to compare company sizes. This relative ranking influences investment decisions, especially for funds that focus on large-cap stocks typically valued at $10 billion or more. On Wednesday, Duke Energy shares rose 0.1%, while CME Group shares increased 0.9%. Understanding these shifts aids investors in tracking company growth and market dynamics within key stock indices.

Latest articles

POET Stock Jumps Again as AI-Optics Trade Heats Up, Legal Risk Lingers

POET Stock Jumps Again as AI-Optics Trade Heats Up, Legal Risk Lingers

3 June 2026
POET Technologies shares soared 12% to $15.47 after heavy trading, rebounding from April’s collapse tied to a canceled Marvell-linked order, as investors weighed a new $50 million Lumilens deal, a $400 million capital raise, and ongoing class action litigation alleging misleading statements about tax status and confidentiality breaches.
Meta Jumps After Zuckerberg Puts AI Agent at Center of $145 Billion Gamble

Meta Jumps After Zuckerberg Puts AI Agent at Center of $145 Billion Gamble

3 June 2026
Meta shares jumped 4.2% to $622.80 after unveiling an AI business agent for WhatsApp, Messenger, and Instagram, signaling potential new paid products as Meta ramps up AI spending to $125–$145 billion for 2026; investors await evidence these tools can generate real revenue before costs climb further.
Sandisk Hits Record High on AI Memory Demand

Sandisk Hits Record High on AI Memory Demand

3 June 2026
Sandisk soared 8% to a record $1,861.00 as investors piled into AI storage stocks despite a falling market, after Morgan Stanley warned surging memory prices are spreading beyond data centers and Sandisk reported Q3 revenue up 97% with data-center sales up 233%, forecasting up to $8.25 billion Q4 revenue and $33 per share earnings.
U.S. Stocks Pull Back as Oil Prices Weigh, Fed Concerns Simmer

U.S. Stocks Pull Back as Oil Prices Weigh, Fed Concerns Simmer

3 June 2026
U.S. stocks fell from record highs as renewed U.S.-Iran fighting pushed oil prices up and revived inflation fears, with the Dow dropping 581.84 points and the S&P 500 losing 0.74%; traders now price in over a 40% chance of a Fed rate hike by December, up from 9.1% a month ago, as rising yields and Middle East risks threaten margins and delay Fed easing.
Dow Jones Falls as Bond Yields Signal Trouble for Bulls

Dow Drops 582 Points as Oil Trades Near $100

3 June 2026
The Dow plunged 581.84 points, or 1.13%, to 50,725.95 as renewed Middle East tensions sent oil prices surging and Treasury yields climbing, prompting a broad market selloff that hit IBM and Salesforce hardest, while AI chip stocks stayed resilient.
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