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.

Xero share price (ASX:XRO) ends lower as tech rout grinds on; what investors watch next week

Xero share price (ASX:XRO) ends lower as tech rout grinds on; what investors watch next week

Xero closed Friday down 0.4% at A$81.76, near last week’s low, as software stocks slumped. The S&P/ASX 200 Tech Index was set to end the week down about 12%, hitting levels last seen in December 2023. Global tech shares also fell, with nearly $1 trillion in value erased from U.S. software stocks since Jan. 28. Investors await fresh rate and inflation signals next week.
8 February 2026
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Huntington Bank taps ex-BNY risk boss Senthil Kumar as new chief risk officer

Huntington Bank taps ex-BNY risk boss Senthil Kumar as new chief risk officer

Huntington Bank named Senthil Kumar chief risk officer, effective Feb. 16, as it enters a stricter regulatory category after closing its Cadence Bank merger on Feb. 2. Kumar replaces Helga Houston, who becomes senior executive adviser March 1. The merger brings Huntington’s assets to about $279 billion, triggering tougher oversight. No branch closures are planned before a mid-2026 systems conversion.
8 February 2026
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REA Group share price slides after $200m buyback plan — what ASX investors watch next

REA Group share price slides after $200m buyback plan — what ASX investors watch next

REA Group shares fell 7.8% to A$168.10 after its half-year update showed a 6% rise in EBITDA and a 9% gain in core net profit, but a 24% drop in reported net profit. The company flagged softer listing volumes and announced a A$200 million buyback starting Feb. 23. Interim dividend is A$1.24 per share, ex-dividend March 3. Investors cited pressure from weaker listings and rising costs.
8 February 2026
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BHP share price in focus as Cyclone Mitchell shuts Pilbara iron ore ports ahead of earnings

BHP share price in focus as Cyclone Mitchell shuts Pilbara iron ore ports ahead of earnings

BHP shares will be watched Monday after Cyclone Mitchell forced Pilbara port closures, including Port Hedland, disrupting iron ore exports. The cyclone was upgraded to Category 3, with landfall possible late Sunday or early Monday. BHP’s Australian shares closed at A$48.79 Friday, down 3.12%. U.S.-listed shares ended at $69.64, up 0.8%.
8 February 2026
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Stock Market Today

  • American Resources Receives Nasdaq Notice for Late 10-Q Filing Amid Restructuring
    June 3, 2026, 5:50 PM EDT. American Resources Corporation (NASDAQ:AREC) received a Nasdaq notice for delayed filing of its quarterly Form 10-Q for Q1 2026. The delay follows completion of its audited 2025 Form 10-K, which detailed a multi-year restructuring, deconsolidation of operations, and a strengthened balance sheet. Nasdaq has not suspended trading of AREC shares. The company plans to file the 10-Q as soon as practicable within Nasdaq's compliance timeframe. CEO Mark Jensen emphasized the restructuring milestone clarified American Resources' strategic focus as a supplier and aggregator of critical minerals and rare earths for U.S. and allied supply chains, including partnerships with refining platforms ReElement Technologies and Electrified Materials.

Latest articles

AT&T Shares Fall After SpaceX Signals, Wall Street Looks Hard at Fiber Plans

AT&T Shares Fall After SpaceX Signals, Wall Street Looks Hard at Fiber Plans

3 June 2026
AT&T shares plunged 4.4% to $23.55 after Oppenheimer downgraded the stock and removed its $32 price target, warning that SpaceX’s Starlink could threaten AT&T’s broadband and mobile growth as it expands, sparking sector-wide declines for Verizon and T-Mobile despite AT&T’s new fiber offerings and ongoing $250 billion network investment.
Mirion Gains While Wall Street Slides—What’s Behind MIR’s Move

Mirion Gains While Wall Street Slides—What’s Behind MIR’s Move

3 June 2026
Mirion jumped 1.1% to $18.24 on strong volume while major indexes fell, as investors focused on its nuclear-safety business after a University of Liverpool partnership and robust Q1 revenue and orders, despite a GAAP net loss and lowered adjusted EPS guidance due to a CEO retention grant.
CrowdStrike Tops Forecasts but Shares Drop as AI Expenses Gain Attention

CrowdStrike Tops Forecasts but Shares Drop as AI Expenses Gain Attention

3 June 2026
CrowdStrike shares plunged about 8% after hours as investors overlooked strong revenue and raised guidance to focus on rising AI and product development costs, with first-quarter operating expenses jumping to $1.07 billion from $934.3 million a year earlier, despite a four-for-one stock split and record cash flow.
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