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.

Experian share price edges up after buyback update as AI fears rattle data stocks

Experian share price edges up after buyback update as AI fears rattle data stocks

Experian shares rose 0.5% to 2,569 pence early Wednesday after plunging 6.75% on Tuesday amid heavy trading. The company disclosed it bought nearly 400,000 shares as part of a $1 billion buyback plan. Investors remain wary of new AI tools from Anthropic that could disrupt pricing in data-driven sectors. An interim dividend is due Feb. 6, with full-year results expected May 20.
Rio Tinto share price ticks higher as Feb. 5 Glencore deal deadline looms

Rio Tinto share price ticks higher as Feb. 5 Glencore deal deadline looms

Rio Tinto shares rose 0.6% to 7,081 pence in London Wednesday as speculation mounted over a possible Glencore takeover. Rio faces a Feb. 5 deadline to announce a firm bid or walk away, with both companies declining comment. Glencore is in talks to sell a 40% stake in its Congo copper and cobalt assets for about $9 billion. Investors await the Bank of England’s policy decision Thursday.
LSEG share price extends AI-driven slide as investors brace for BoE, earnings

LSEG share price extends AI-driven slide as investors brace for BoE, earnings

London Stock Exchange Group shares fell 1.3% to 7,086 pence by 08:07 GMT Wednesday, after plunging 12.7% the previous day. The drop followed new AI tools from Anthropic, raising fears over LSEG’s data and analytics business. Trading volume on Tuesday hit 3.2 million shares, more than double the 50-day average. LSEG disclosed a fresh buyback as investors await the Bank of England’s Feb. 5 decision and earnings later this month.
Anglo American share price hits 52-week high after 7% jump as Citi turns bullish ahead of Feb. 5 report

Anglo American share price hits 52-week high after 7% jump as Citi turns bullish ahead of Feb. 5 report

Anglo American shares surged 7.25% to 3,700 pence Tuesday, reaching a 52-week high after Citi upgraded the stock to “buy” and set a £45 target. The move follows a rally in gold and copper and comes ahead of Anglo’s Q4 production report on Feb. 5. Anglo and Teck shareholders approved a $53 billion merger in December, with regulatory review ongoing. Trading volume was below the 50-day average.
Glencore share price in focus: $9bn Congo stake talks land as Rio Tinto deadline nears (GLEN.L)

Glencore share price in focus: $9bn Congo stake talks land as Rio Tinto deadline nears (GLEN.L)

Glencore signed a non-binding deal that could give a U.S.-backed group a 40% stake in its Congo copper and cobalt operations, valuing the assets near $9 billion. The company also paused nearly $1 billion in investment at its Quebec smelter over regulatory issues. Rio Tinto faces a Feb. 5 deadline to decide on a possible takeover bid. Glencore shares last closed at 517.30 pence, up 16.30.
Keppel stock price ticks higher after S$600 million contract haul as Feb 5 results loom

Keppel stock price ticks higher after S$600 million contract haul as Feb 5 results loom

Keppel Ltd shares rose 0.46% to S$10.94 in Singapore on Wednesday after its infrastructure arm secured about S$600 million in new contracts, pushing its long-term backlog past S$7.1 billion. The company will release its second-half and full-year 2025 results before market open on Thursday, with investors watching for updates on contract wins and recurring service income.
Saks pulls plug on “Saks on Amazon” as luxury e-commerce bet unravels in bankruptcy

Saks pulls plug on “Saks on Amazon” as luxury e-commerce bet unravels in bankruptcy

Amazon will continue its luxury storefront without Saks Fifth Avenue as Saks Global ends their partnership during its Chapter 11 restructuring. Saks is closing 62 off-price outlets and shifting focus to Saks.com. Amazon, a stakeholder in Saks, is disputing parts of Saks’ bankruptcy financing in court. The split follows limited brand participation in the “Saks on Amazon” venture.
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Stock Market Today

  • State Street Consumer Staples ETF (XLP) Sees $253.6M Outflow Amid Gains in MDLZ, CL, MNST
    June 4, 2026, 11:29 AM EDT. The State Street Consumer Staples Select Sector SPDR ETF (XLP) experienced a notable $253.6 million outflow this week, representing a 1.7% decline in shares outstanding. Despite the ETF's outflow, key components rallied in trading: Mondelez International (MDLZ) rose 0.4%, Colgate-Palmolive (CL) increased 0.3%, and Monster Beverage (MNST) gained 0.8%. XLP's last trade was $79.96, positioned between its 52-week low of $75.16 and high of $84.35, approaching its 200-day moving average-a technical indicator used to analyze price trends. Large ETF outflows mean underlying assets may be sold, affecting individual stock movements. Investors watch share unit changes closely to gauge fund demand and potential market impact.

Latest articles

BitMine 9.5% Yield Move Brings Ether Treasury Into Focus

BitMine 9.5% Yield Move Brings Ether Treasury Into Focus

4 June 2026
BitMine Immersion Technologies shares rose after launching a 9.50% Series A Perpetual Preferred Stock offering, testing investor appetite for high-yield crypto treasury equity as ETH prices fall; the company warned it may lack cash to pay dividends if ether weakens further, risking dilution or asset sales.
Dow Rallies, Nasdaq Lags as AI Slump Drags Tech Shares

Dow Rallies, Nasdaq Lags as AI Slump Drags Tech Shares

4 June 2026
Dow surges 748 points as investors rotate out of AI and chip stocks after Broadcom’s 15% plunge on a revenue miss, while health-care and financial shares rally; S&P 500 dips 0.10%, Nasdaq falls 0.78%, and oil drops nearly 3% as traders await Friday’s jobs report for the next market catalyst.
Dow climbs as top AI stocks pause

Dow climbs as top AI stocks pause

4 June 2026
Broadcom shares plunged 15% after missing revenue expectations and holding its AI-chip sales forecast steady, dragging the Nasdaq lower and sparking a selloff in chip stocks, as investors reassessed sky-high expectations for AI demand that had fueled the market’s recent rally.
CXApp Stock Rockets After Tiny AI Firm Buys EngineRoom—The 75% Move Explained

CXApp Stock Rockets After Tiny AI Firm Buys EngineRoom—The 75% Move Explained

4 June 2026
CXApp shares soared about 75% in heavy Nasdaq trading after announcing its $4.6 million EngineRoom acquisition, expected to boost annualized revenue run-rate to over $12 million from $4 million; a June 3 filing also revealed CXApp issued 12.3 million shares to Avondale Capital, raising dilution concerns for investors.
Micron Drops as AI Memory Stocks Take a Hit

Micron Drops as AI Memory Stocks Take a Hit

4 June 2026
Micron Technology plunged 8.3% to $989.46 after a chip-sector selloff triggered by Broadcom’s revenue miss, but analysts say the memory-chip shortage could last years, with Morgan Stanley raising its target to $1,050; risks remain as Raymond James warns DRAM and NAND prices may peak mid-2026, and supply chain groups caution AI data centers are straining chip availability.
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