Today: 4 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.

Northern Star Resources share price dips into weekend as $50m Central Tanami deal closes

Northern Star Resources share price dips into weekend as $50m Central Tanami deal closes

Northern Star Resources fell 1.7% to A$26.77 Friday, extending losses as gold miners and the broader market declined. MGX Resources completed its A$50 million purchase of a 50% stake in the Central Tanami Gold Project from Northern Star. The All Ordinaries Gold index dropped 3.24%. CME Group raised COMEX gold futures margin requirements to 9% amid volatility.
7 February 2026
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Commonwealth Bank share price near A$159 as CBA earnings, dividend week looms after ASX rout

Commonwealth Bank share price near A$159 as CBA earnings, dividend week looms after ASX rout

Commonwealth Bank of Australia shares closed at A$158.91, down 0.23% Friday, as the S&P/ASX 200 fell 2.03% and nearly A$70 billion was wiped from the market. The bank reports half-year results and an interim dividend on Feb. 11, with shares going ex-dividend Feb. 18. CBA flagged a A$68 million provision linked to ASIC’s Better Banking review. The RBA raised rates to 3.85% on Feb. 3, with CBA passing on the increase from Feb. 13.
7 February 2026
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CSL share price in focus after ASX sell-off: what investors watch before Feb 11 results

CSL share price in focus after ASX sell-off: what investors watch before Feb 11 results

CSL Limited shares closed down 0.4% at A$180.50 Friday as the S&P/ASX 200 dropped 2.03% to 8,708.80. CSL will report half-year results and announce its interim dividend on Feb. 11, with the stock set to trade ex-dividend March 10. A filing showed 59,992 CSL conditional rights lapsed this week. The company’s market value stands near A$87 billion, down about a third in the past year.
7 February 2026
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WiseTech Global share price slides to A$47.60 as AI fears batter ASX tech — what to watch next

WiseTech Global share price slides to A$47.60 as AI fears batter ASX tech — what to watch next

WiseTech Global shares fell 4.6% to A$47.60 Friday, with turnover at 3.61 million shares, amid a broader selloff in software stocks. The S&P/ASX 200 dropped 2.03%, its worst session since November, and WiseTech is down 28.7% for the month. U.S. software stocks have lost about $1 trillion since Jan. 28. WiseTech’s half-year results are due Feb. 25.
7 February 2026
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Macquarie Group share price slips 2% after APRA eases liquidity curbs — what to watch next week

Macquarie Group share price slips 2% after APRA eases liquidity curbs — what to watch next week

Macquarie Group shares fell 2.17% to A$207.83 Friday, marking a third straight decline as the ASX 200 slid 2%. Australia’s regulator trimmed liquidity requirements for Macquarie Bank after improvements in controls. Macquarie Asset Management announced two UK utility deals, including full ownership of Last Mile Infrastructure and the purchase of Energy Assets Group. Investors await Tuesday’s operational briefing.
7 February 2026
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Werner Enterprises stock skids nearly 8% after Q4 loss and $44 mln one-way overhaul — what’s next for WERN

Werner Enterprises stock skids nearly 8% after Q4 loss and $44 mln one-way overhaul — what’s next for WERN

Werner Enterprises shares fell 7.9% to $34.87 after posting a $27.8 million Q4 loss, citing restructuring charges. Revenue dropped 2% to $737.6 million. The company forecast 23%-28% average truck-count growth for 2026 with the FirstFleet acquisition. Total debt rose to $752 million at year-end, with borrowings increasing after the deal closed.
6 February 2026
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Dow Hits 50,000 as Nvidia Jumps and Amazon’s $200B AI Capex Plan Whipsaws Markets

Dow Hits 50,000 as Nvidia Jumps and Amazon’s $200B AI Capex Plan Whipsaws Markets

The Dow Jones Industrial Average closed above 50,000 for the first time Friday, rising 2.24% to 50,005.78, led by gains in Nvidia and Caterpillar. The S&P 500 climbed 1.73% and the Nasdaq rose 1.91%. Amazon and Alphabet’s plans for record AI spending unsettled markets earlier in the week but investors returned to tech stocks. Bitcoin, gold, and oil prices held steady after Thursday’s selloff.
6 February 2026
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Centene stock slides as 2026 profit view beats estimates but revenue forecast falls short

Centene stock slides as 2026 profit view beats estimates but revenue forecast falls short

Centene shares fell 5.7% to $37.64 after the company forecast 2026 adjusted profit above $3 per share but projected revenue below Wall Street estimates. Molina Healthcare dropped about 28%, weighing on the sector. Centene reported a fourth-quarter adjusted loss of $1.19 per share and a health benefits ratio of 94.3%. The company set its next earnings update for April 28.
6 February 2026
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First Solar stock falls 7% as Tesla solar-cell expansion report jolts FSLR

First Solar stock falls 7% as Tesla solar-cell expansion report jolts FSLR

First Solar shares dropped 7.2% to $217.49 Friday after a report said Tesla is scouting U.S. sites to expand solar cell production. The decline came as the S&P 500 and solar sector ETFs rose. Tesla is also considering boosting output at its Buffalo, New York, plant, Bloomberg reported. Investors now await First Solar’s Feb. 24 results and 2026 outlook.
6 February 2026
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SK Telecom stock drops 11% after earnings shock; dividend pause and treasury-share move in focus

SK Telecom stock drops 11% after earnings shock; dividend pause and treasury-share move in focus

SK Telecom shares fell 10.7% to 69,200 won Friday after reporting a sharp 2025 profit drop, citing cybersecurity and restructuring costs. The company withheld its Q4 dividend and set a 2025 payout of 1,661 won per share, pending shareholder approval. Nearly 3 million shares traded. SK Telecom also plans to transfer 195,245 treasury shares to settle executive stock options.
6 February 2026
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Amazon stock slides on $200B AI spending shock — here’s what Wall Street watches next

Amazon stock slides on $200B AI spending shock — here’s what Wall Street watches next

Amazon shares fell about 7% to $207.13 Friday after the company announced plans to spend $200 billion on capital expenditures in 2026, far above consensus. The stock touched a session low of $200.44, with roughly $200 billion in market value at risk if losses persist. Amazon’s first-quarter operating income outlook missed analyst estimates. DA Davidson downgraded the stock and cut its price target.
6 February 2026
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Illumina (ILMN) stock slides 10% after 2026 outlook puts China, research demand back in focus

Illumina (ILMN) stock slides 10% after 2026 outlook puts China, research demand back in focus

Illumina shares dropped 10.3% to $119.91 after the company forecast 2026 revenue of $4.5–$4.6 billion and non-GAAP EPS of $5.05–$5.20. Management cited progress in China but said approvals are still needed for instrument sales. Fourth-quarter revenue rose 5% to $1.16 billion, with ex-China revenue up 8%. The company expects 2026 organic revenue growth of 2–4% excluding China.
6 February 2026
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Stock Market Today

  • S.P. Apparels Shows Steady EPS and Revenue Growth, Insider Ownership High
    June 3, 2026, 8:47 PM EDT. S.P. Apparels (NSE:SPAL) demonstrates solid financial health with a 7.5% annual growth in earnings per share (EPS) over the past three years and a 13% increase in revenue to ₹16 billion. The company's stable earnings before interest and taxation (EBIT) margins support sustainable profit growth. Notably, insiders hold 62% of the company's shares, aligning management's interests with shareholders and suggesting commitment to long-term value creation. This combination of profitability, revenue expansion, and strong insider ownership positions S.P. Apparels as a notable prospect for investors seeking traditional, profit-driven investments in the textile sector.

Latest articles

Dow Falls 620 Points After Broadcom’s After-Hours Move Shakes AI Stocks

Dow Falls 620 Points After Broadcom’s After-Hours Move Shakes AI Stocks

4 June 2026
Broadcom plunged 13.7% after hours to $413.62 as second-quarter revenue missed Wall Street estimates and its AI-chip sales forecast stayed unchanged, erasing one of the market’s last AI-linked supports just as the Dow fell 621 points and oil neared $100, stoking inflation and Fed risk concerns.
PVH Shares Drop After Results, But Quarter Wasn’t the Issue

PVH Shares Drop After Results, But Quarter Wasn’t the Issue

4 June 2026
PVH shares plunged 18.7% to $79.00 after hours as the Calvin Klein and Tommy Hilfiger owner slashed its full-year revenue outlook to roughly flat, citing ongoing pressure in Europe, the Middle East and Africa, overshadowing a first-quarter profit beat and signaling weaker second-quarter sales.
Nu Holdings Shares Fall After Analyst Downgrades and CFO Change

Nu Holdings Shares Fall After Analyst Downgrades and CFO Change

4 June 2026
Nu Holdings sank 2.43% to $11.64 after a second analyst downgrade in two days, as Susquehanna and BofA cited falling margins, rising credit risk, and uncertainty from an upcoming CFO change; credit loss allowances jumped 33% last quarter, while risk-adjusted net interest margin fell to 9.5%, raising concerns about Nu’s growth premium amid broader weakness in Brazilian bank stocks.
Intel shares snap losing streak as Wall Street eyes CPU rebound

Intel shares snap losing streak as Wall Street eyes CPU rebound

4 June 2026
Intel soared 4.43% to $112.71, snapping a five-day losing streak, after unveiling new Xeon 6+ CPUs and rack-scale AI infrastructure at Computex, positioning CPUs as central to AI buildouts and sparking renewed investor interest despite ongoing risks from rivals and rising chip costs.
Five Below Drops After Strong Quarter as Traders React

Five Below Drops After Strong Quarter as Traders React

4 June 2026
Five Below stock plunged 12.6% after hours to $194.87 despite first-quarter sales and profit beating estimates and raised full-year guidance, as investors focused on management’s warnings about rising fuel costs, sticky inflation, and a tougher consumer backdrop that could threaten the chain’s strong sales momentum.
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