Today: 26 June 2026

Marvell Technology, Inc Eyes Nearly $15 Billion Revenue as AI Demand Lifts Shares

Marvell Technology, Inc Eyes Nearly $15 Billion Revenue as AI Demand Lifts Shares

Marvell Technology forecast revenue could reach $15 billion by fiscal 2028, surpassing Wall Street estimates. Shares jumped 15% after the company projected first-quarter revenue above expectations and reported a 22% year-over-year increase for the January quarter. Data-center revenue rose 21% to $1.651 billion, making up 74% of total sales. Marvell expects revenue to near $11 billion in fiscal 2027.
6 March 2026
····
SSE Plc Grid Push Moves Closer After Ofgem Signals Support for Early Funding on 8 Scottish Projects

SSE Plc Grid Push Moves Closer After Ofgem Signals Support for Early Funding on 8 Scottish Projects

Ofgem on March 5 proposed approving SSE’s full early-construction spending request for eight Scottish transmission projects, allowing the utility to exceed the usual 20% cap on five schemes. The projects include major onshore and offshore upgrades, such as the Beauly-to-Loch Buidhe 400-kV line and the Spittal-to-Peterhead subsea link. SSE has shifted 80% of its five-year investment plan to regulated networks.
6 March 2026
·
Compass Group PLC Shares Jump as Investors Reassess AI Fears, 2026 Outlook Holds

Compass Group PLC Shares Jump as Investors Reassess AI Fears, 2026 Outlook Holds

Compass Group shares rose 3.18% to 2,306 pence Thursday, bucking a 1.5% drop in the FTSE 100. The company maintained its 2026 guidance for about 7% organic revenue growth and around 10% growth in underlying operating profit. AI-driven office demand remains a concern, with 20% of revenue tied to tech, professional, and financial clients. Compass completed its $1.7 billion Vermaat acquisition in December.
6 March 2026
·
Rio Tinto seals $1.1 billion Pilbara desalination deal with WA government as water stress mounts (Rio Tinto)

Rio Tinto seals $1.1 billion Pilbara desalination deal with WA government as water stress mounts (Rio Tinto)

Rio Tinto and the Western Australian government have launched a A$1.1 billion joint venture to complete the Dampier Seawater Desalination Plant, aiming to supply 8 billion litres of water annually to the West Pilbara. Stage 1 is set to deliver water in late 2026, with Stage 2 following in 2027. The project targets water shortages after years of low rainfall and will serve over 10,000 homes and key industrial sites.
6 March 2026
·
RELX PLC reiterates 2026 growth outlook as AI fears keep pressure on shares

RELX PLC reiterates 2026 growth outlook as AI fears keep pressure on shares

RELX PLC reaffirmed its 2026 growth forecast Thursday, citing broader AI use to boost customer value and earnings. Shares rose 2.74% to 2,623 pence after recent losses tied to concerns over generative AI competition. The company reported 2025 revenue of £9.59 billion and 10% constant-currency EPS growth, with strong performance in its Risk and Legal units. LexisNexis Risk Solutions announced new AI-powered fraud detection tools for U.S. hospitals.
6 March 2026
··
Reckitt Benckiser Shares Sink as 2026 Margin Questions Overshadow Q4 Sales Beat

Reckitt Benckiser Shares Sink as 2026 Margin Questions Overshadow Q4 Sales Beat

Reckitt Benckiser shares fell 5.8% in London on Thursday, the steepest drop in 11 months, after the company declined to provide a 2026 margin target despite beating fourth-quarter sales estimates. Comparable sales rose 5.4% in the quarter, led by 17.2% growth in emerging markets, while Europe dropped 4.5%. The company warned of continued weakness in Europe and lower first-quarter demand for over-the-counter remedies.
6 March 2026
··
BP PLC Pulls Foreign Staff From Iraq’s Rumaila Field After Drones, Raising Fresh Supply Fears

BP PLC Pulls Foreign Staff From Iraq’s Rumaila Field After Drones, Raising Fresh Supply Fears

BP evacuated foreign staff from Iraq’s Rumaila oilfield after two unidentified drones landed inside the site Thursday, oil industry sources said. Iraq’s oil output has already dropped by nearly 1.5 million barrels per day amid the Strait of Hormuz closure. BP and Shell shares rose about 2% as crude prices jumped on supply fears. Iraqi officials warned cuts could widen to over 3 million bpd if tanker delays persist.
6 March 2026
·
HSBC Holdings Plc Executive Share Sale Puts Rally, Buyback Pause in Focus

HSBC Holdings Plc Executive Share Sale Puts Rally, Buyback Pause in Focus

HSBC Asia and Middle East co-CEO Surendra Rosha sold 308,400 shares for HK$43.2 million in Hong Kong on March 3, a filing showed. HSBC stock rose HK$1.30 to HK$135.20 in Hong Kong Friday. The bank reported 2025 pretax profit down 7% to $29.9 billion but beat consensus by $1 billion. HSBC will delay new buybacks until its core capital ratio recovers from the Hang Seng Bank take-private.
6 March 2026
··
Shell Plc Signs Venezuela Oil and Gas Deals, Putting Dragon Gas Project Back in Play

Shell Plc Signs Venezuela Oil and Gas Deals, Putting Dragon Gas Project Back in Play

Shell signed oil and gas agreements with Venezuela to develop the offshore Dragon field, aiming for first gas exports to Trinidad by Q3 2027, according to Trinidad's Energy Minister. The deal follows new U.S. licenses easing sanctions and includes technical partnerships with VEPICA, KBR, and Baker Hughes. Dragon holds about 4.5 trillion cubic feet of gas. Atlantic LNG in Trinidad shipped 9 million metric tons in 2025, below its 12 million capacity.
6 March 2026
····
British American Tobacco p.l.c. Faces Fresh UK Shareholder Lawsuit Over North Korea Sanctions Fallout

British American Tobacco p.l.c. Faces Fresh UK Shareholder Lawsuit Over North Korea Sanctions Fallout

British American Tobacco faces a London High Court lawsuit from over 100 shareholders alleging it failed to disclose breaches of U.S. sanctions tied to its North Korea business. The suit follows BAT’s $635.2 million U.S. settlement in 2023 over tobacco sales to North Korea. BAT said it cannot comment due to a prior U.S. agreement. The claim’s value has not been disclosed.
6 March 2026
·
Unilever PLC’s India Unit Exits Nutritionalab as Premium Growth Push Gains Pace

Unilever PLC’s India Unit Exits Nutritionalab as Premium Growth Push Gains Pace

Hindustan Unilever has sold its entire 19.8% stake in Nutritionalab for about 3.07 billion rupees, according to a March 4 filing. The sale follows board approval last month to exit Nutritionalab and acquire the remaining 49% of OZiva. HUL’s quarterly profit dropped 15% after price cuts and competition. Parent Unilever expects 2026 sales growth at the lower end of its target range.
6 March 2026
··
MinRes lifts the hood on Onslow Iron: the numbers behind Mineral Resources’ Ken’s Bore push

MinRes lifts the hood on Onslow Iron: the numbers behind Mineral Resources’ Ken’s Bore push

Mineral Resources said its Ken’s Bore site on the Onslow Iron project is running three crushers with installed capacity of 40.9 million tonnes per year. Ore from the Upper Cane deposit travels 16 km to the crushers before being shipped from the Port of Ashburton. MinRes shares traded at A$56.06, up 0.63%. The company reported net debt of A$4.9 billion and shipped 8.7 million tonnes from Onslow in the last quarter.
6 March 2026
·
Qantas Airways reroutes Perth-London via Singapore, adds London flight as Middle East conflict hits travel

Qantas Airways reroutes Perth-London via Singapore, adds London flight as Middle East conflict hits travel

Qantas is rerouting its Perth-London flights via Singapore and adding an extra Sydney-London A380 service as Middle East conflict disrupts usual air corridors. Emirates, Qatar Airways, and Etihad have cut schedules, with Doha still closed. Qantas says no other flights are affected but warns of higher call volumes and offers flexible options for some partner bookings. The changes come amid record profits and rising fuel costs.
6 March 2026
·
South32’s 90% Base-Metals Bet Takes Shape as CEO Graham Kerr Pushes North America Pivot

South32’s 90% Base-Metals Bet Takes Shape as CEO Graham Kerr Pushes North America Pivot

South32 expects about 90% of its production to be in base metals within 18 months, outgoing CEO Graham Kerr told Financial Mail. Stephen Pearce became chair on March 1, and Matthew Daley is set to succeed Kerr as CEO later this year. The company posted first-half underlying earnings of $435 million, beating estimates. South32 will place its Mozal aluminium smelter in Mozambique into care and maintenance by March.
6 March 2026
··
1 … 315 316 317 318 319 … 2,109

Stock Market Today

  • Live Cattle Futures Edge Higher Amid Export Sales and Stock Decline
    June 26, 2026, 4:58 AM EDT. Live cattle futures rose modestly on Thursday, with the June contract up $1.40 to $257.40. Feeder cattle futures gained 37 to 85 cents, supported by a rise in the CME Feeder Cattle Index to $381.86. Weekly beef export sales reached 21,268 metric tons, the second largest this year, while shipments increased to 13,048 MT. Cold storage data showed May beef stocks at 403.474 million pounds, down 1.06% from last year. Meanwhile, wholesale boxed beef prices declined, with Choice boxes down $2.62 to $396.32. USDA estimated cattle slaughter at 109,000 head on Thursday, with weekly figures up from last week but below last year. Market activity was light with no sales in the Fed Cattle Exchange auction.

Latest News

Polymarket hack tests ICE-backed platform’s investor trust

Polymarket hack tests ICE-backed platform’s investor trust

26 June 2026
Polymarket will fully refund users after a third-party vendor hack drained nearly $3 million from fewer than 15 accounts, shifting investor focus from smart contract safety to frontend web vulnerabilities just as Intercontinental Exchange eyes a $2 billion investment at an $8 billion valuation.
H&M (STO:HM-B) trims inventory, margins rise; Western Europe weighs on sales

H&M (STO:HM-B) trims inventory, margins rise; Western Europe weighs on sales

26 June 2026
H&M shares fell 0.95% to SEK 166.10 after Q2 net sales dropped 3% in Swedish kronor and missed profit forecasts, with Western Europe sales down 3% in local currencies; CEO Ervér warned tighter stock management hurt demand fulfillment, and Morningstar said H&M’s turnaround “continues to disappoint.”
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 26.06.2026

26 June 2026
LIVEMarkets rolling coverageStarted: June 26, 2026, 4:00 AM EDTUpdated: June 26, 2026, 4:59 AM EDT Live Cattle Futures Edge Higher Amid Export Sales and Stock Decline June 26, 2026, 4:58 AM EDT. Live cattle futures rose modestly on Thursday, with the June contract up $1.40 to $257.40. Feeder cattle futures gained 37 to 85 cents, supported by a rise in the CME Feeder Cattle Index to $381.86. Weekly beef export sales reached 21,268 metric tons, the second largest this year, while shipments increased to 13,048 MT. Cold storage data showed May beef stocks at 403.474 million pounds, down 1.06% from
Go toTop