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.

Woodside Energy share price today: WDS closes higher as oil slips ahead of US-Iran talks

Woodside Energy share price today: WDS closes higher as oil slips ahead of US-Iran talks

Woodside Energy shares closed up 0.23% at A$25.90, outperforming a 1.2% drop in Australian energy stocks as oil prices fell. Brent crude slid nearly 2% to $68.02 after news of U.S.-Iran nuclear talks set for Friday in Oman. Miners dragged the broader market lower on weaker commodity prices. Investors await Friday’s U.S.-Iran meeting and jobs data for further market direction.
5 February 2026
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Bitcoin nearing $70k squeezes Strategy (MicroStrategy) as crypto-hoarding trade frays

Bitcoin nearing $70k squeezes Strategy (MicroStrategy) as crypto-hoarding trade frays

Bitcoin fell over 3% in Asian trading Thursday, touching $70,052—its lowest since November 2024—and dragging down crypto-related stocks. Strategy (MSTR) dropped about 7% in early February, nearing its eighth straight monthly loss. U.S. spot bitcoin ETFs saw over $3 billion in outflows in January. Investors cited concerns over potential Fed tightening under incoming chair Kevin Warsh.
5 February 2026
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Evolution Mining share price slides after gold rout; what to watch before next week’s results

Evolution Mining share price slides after gold rout; what to watch before next week’s results

Evolution Mining shares fell 3.2% to around A$14.54 Thursday as gold prices slid 2.5% to $4,838.81 an ounce and the S&P/ASX 200 lost 0.4%. Gold stocks dropped 4.6% amid a stronger U.S. dollar and risk-off sentiment. Evolution will report half-year results on Feb. 11, with investors watching for cost and production updates.
5 February 2026
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Bitcoin breaks below $71,000 as AI tech rout drags down crypto markets

Bitcoin breaks below $71,000 as AI tech rout drags down crypto markets

Bitcoin fell below $71,000 Thursday, hitting $70,129—its lowest since November 2024—as tech stocks slumped and nearly $770 million in crypto positions were liquidated in 24 hours. The broader crypto market lost almost $500 billion in a week, with bitcoin down 20% over that period. Thin liquidity and leveraged bets worsened the drop. Traders watched Alphabet’s capital spending and chipmaker AMD’s 17% plunge.
5 February 2026
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IDBI Bank shares rally again as privatisation bid deadline hits; analyst flags ₹130 target

IDBI Bank shares rally again as privatisation bid deadline hits; analyst flags ₹130 target

IDBI Bank shares rose 2% to 111.57 rupees Thursday, outperforming a falling Nifty 50, as investors eyed the government's 60.7% stake sale. The deadline for financial bids is set for Feb. 5, with Fairfax, Emirates NBD, and Kotak Mahindra Bank cleared to bid. Trading volumes spiked Wednesday, with 41.5 million shares exchanged. Employee unions have urged the government to reconsider selling to private or foreign buyers.
5 February 2026
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WiseTech Global share price slides again as AI jitters keep hammering ASX software stocks

WiseTech Global share price slides again as AI jitters keep hammering ASX software stocks

WiseTech Global shares fell 2.6% to A$49.92 Thursday, extending a two-day loss to 13% and hitting a 52-week low. Trading volume surged to 4.08 million shares. The S&P/ASX 200 Information Technology sector dropped 9.4% amid global concerns over AI’s impact on software firms. Investors await WiseTech’s interim results on Feb. 25 for further guidance.
5 February 2026
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Bitcoin slides under $71,000 as AI tech rout spills into crypto, stoking fresh selloff

Bitcoin slides under $71,000 as AI tech rout spills into crypto, stoking fresh selloff

Bitcoin fell as much as 7.5% in 24 hours, dropping below $71,000 in Asian trading Thursday. The broader crypto market lost $467.6 billion in value since Jan. 29, CoinGecko said. Over $700 million in leveraged crypto bets were liquidated in the past day, according to CoinGlass. The declines followed a sharp selloff in global tech stocks.
5 February 2026
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Xero share price steadies after 16% rout as investors weigh AI pitch and Melio timeline

Xero share price steadies after 16% rout as investors weigh AI pitch and Melio timeline

Xero shares closed up 1.6% at A$82.09 Thursday, recovering some ground after a 15.9% plunge Wednesday. The rebound followed Xero’s announcement of its AI roadmap and U.S. payments push with Melio. Investors are watching if gains hold ahead of Xero’s May 14 earnings. Australia’s tech sector saw sharp declines this week amid concerns over AI’s impact on software firms.
5 February 2026
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Stock Market Today

  • Magnum Ice Cream PDMRs Acquire Shares on Amsterdam and London Exchanges
    June 4, 2026, 6:27 AM EDT. The Magnum Ice Cream Company N.V. reported share acquisitions by two Persons Discharging Managerial Responsibilities (PDMRs) under EU and UK Market Abuse Regulation 596/2014. Chief Technology and Information Officer Mark O'Brien bought a total of 6,607 shares on June 3-4, 2026, on the Amsterdam Stock Exchange at an average price of around €14.55 per share. Meanwhile, Chief Human Resources Officer Ronald Schellekens acquired 7,998 shares on June 3, 2026, on the London Stock Exchange at GBP 12.50 per share. These transactions signal increased insider confidence amid ongoing market activity for Magnum's ordinary shares listed under ISIN NL0015002MS2.

Latest articles

U.S. Stocks Hit Records This Week — Why the S&P 500 and Nasdaq Rally Survived the Oil Shock

Nasdaq Futures Slip Ahead of Open After Broadcom’s AI Move

4 June 2026
Broadcom plunged 12% in premarket trading after missing quarterly revenue expectations and disappointing on AI growth, threatening to erase over $285 billion in market value and dragging Nasdaq 100 futures down 1.23% as investors reassess sky-high expectations for tech stocks. (Reuters)
SoFi Shares Drop 6% as AI Hopes Face Test

SoFi Shares Drop 6% as AI Hopes Face Test

4 June 2026
SoFi shares tumbled 5.98% to $16.68 Wednesday, extending a two-day slide that erased last week’s rally fueled by the launch of its SoFiUSD stablecoin and new AI financial coach, as investors weigh whether these products can offset market caution and ongoing risks highlighted by short seller Muddy Waters.
Sadot Shares Jumped 100%, But There’s a Detail Investors Might Miss

Sadot Shares Jumped 100%, But There’s a Detail Investors Might Miss

4 June 2026
Sadot Group soared 105.79% to $6.75 after acquiring Anira Consulting and its TradeOS commodity-trading platform for $12 million in stock, preferred shares, and a convertible note, but pre-market trading showed a 5.17% pullback as investors weighed the deal against Sadot’s zero Q1 sales, $4.9 million net loss, debt defaults, and ongoing Nasdaq compliance risks.
CrowdStrike Holdings Stock Jumps 8% as AI Cybersecurity Rally Meets CEO Share Sale

CrowdStrike Stock Drops Despite Earnings Beat

4 June 2026
CrowdStrike shares plunged 11% in premarket trading to $665 despite beating estimates, raising its full-year outlook, and announcing a four-for-one stock split, as investors questioned whether future AI-driven growth is already priced in and reacted to higher operating expenses and sector-wide profit-taking.
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