Today: 26 June 2026

Credo (CRDO) stock drops 13% premarket after earnings: margin outlook, CoMira deal in focus

Credo (CRDO) stock drops 13% premarket after earnings: margin outlook, CoMira deal in focus

Credo Technology shares fell 13% premarket Tuesday after the company forecast lower gross margins for the current quarter. Fiscal Q3 revenue reached $407 million, with net income at $157.1 million. Credo projected Q4 revenue of $425–$435 million and acquired CoMira Solutions to expand its semiconductor IP portfolio. Three customers each accounted for over 10% of quarterly revenue, with the largest at 39%.
3 March 2026
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Berkshire Hathaway stock steadies premarket after 5% slide as Abel’s first letter, PacifiCorp risk bite

Berkshire Hathaway stock steadies premarket after 5% slide as Abel’s first letter, PacifiCorp risk bite

Berkshire Hathaway’s Class B shares held steady in early premarket trading Tuesday after dropping 4.9% to $480.17 on Monday, following a 30% fall in quarterly operating profit. S&P Global warned it may downgrade Berkshire-owned PacifiCorp to junk status over $50 billion in wildfire liabilities after a $305 million jury award. CEO Greg Abel signaled a cautious approach on buybacks and cash deployment.
3 March 2026
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Compass Group PLC stock slips in London as CPG investors eye April dollar switch

Compass Group PLC stock slips in London as CPG investors eye April dollar switch

Compass Group shares fell 0.98% to 2,231 pence in early London trading Tuesday, continuing weakness since a February selloff tied to AI concerns at office clients. The company will switch its London-listed share trading currency from sterling to dollars on April 1. Compass reported 1.7 billion total voting rights as of Feb. 28 and forecasts 7.2% organic revenue growth for fiscal 2026. No fresh results are due this week.
3 March 2026
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MongoDB stock price slides in premarket as outlook disappoints after earnings beat

MongoDB stock price slides in premarket as outlook disappoints after earnings beat

MongoDB shares plunged 27% to $235.87 in premarket trading Tuesday after the company forecast weaker-than-expected first-quarter revenue and profit. The company projected Q1 revenue of $659 million to $664 million and adjusted EPS of $1.15 to $1.19. MongoDB also announced a sales leadership shakeup, with Cedric Pech set to depart as president of field operations in April.
3 March 2026
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Glencore share price slides 3% as war-driven oil shock hits London miners — what’s next for GLEN stock

Glencore share price slides 3% as war-driven oil shock hits London miners — what’s next for GLEN stock

Glencore shares fell 3.2% to 517.1 pence in early London trading Tuesday, reversing from a 12-month high. Rio Tinto, BHP, and Anglo American also declined as European stocks dropped on renewed Middle East tensions and rising oil prices. The STOXX 600 slipped 1.3% after Iran said the Strait of Hormuz was closed to marine traffic. Investors are watching inflation signals and Glencore’s April 30 production update.
3 March 2026
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BAE Systems and Babcock shares jump as Iran war jolts markets and lifts defence spending bets

BAE Systems and Babcock shares jump as Iran war jolts markets and lifts defence spending bets

BAE Systems shares jumped 6.1% and Babcock International rose 1.7% Monday, bucking a 1.2% drop in the FTSE 100, as investors responded to escalating conflict involving Iran. Oil prices surged and defence stocks rallied after Iranian attacks disrupted shipping in the Strait of Hormuz. The White House signaled plans to boost the U.S. defence budget to $1.5 trillion by 2027.
3 March 2026
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LSEG share price drops again in London — war fears, rate bets and what’s next

LSEG share price drops again in London — war fears, rate bets and what’s next

London Stock Exchange Group shares dropped 0.7% to 8,716 pence in early Tuesday trading as European stocks fell on renewed Middle East war and inflation fears. The STOXX 600 index was down 1.3% by 0804 GMT. LSEG reported 505,332,519 total voting rights at February’s end and FTSE Russell set April 30 as “Rank Day” for the 2026 Russell US indexes reconstitution. The Bank of England’s next rate decision is due March 19.
3 March 2026
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Rio Tinto stock drops 2% in London as war jitters bite; investors eye what’s next

Rio Tinto stock drops 2% in London as war jitters bite; investors eye what’s next

Rio Tinto shares dropped 2.1% to 7,181 pence in early London trading Tuesday, tracking losses across European miners as Middle East tensions drive up energy costs. The company approved a $473 million restart of its Richards Bay mineral sands project in South Africa and secured C$18.95 million in Canadian government support for a gallium pilot plant. Oil shipping costs surged as traffic through the Strait of Hormuz slowed.
3 March 2026
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Zurich’s $11 billion Beazley takeover: the 1,335p offer, the financing, and what could derail it

Zurich’s $11 billion Beazley takeover: the 1,335p offer, the financing, and what could derail it

Zurich Insurance Group agreed to acquire Beazley for £8.1 billion ($10.8 billion) in cash. Beazley shareholders will receive 1,335 pence per share, including a 25 pence dividend. Zurich raised CHF 3.9 billion ($5.0 billion) through a new share placement to help fund the deal. The transaction is expected to close in the second half of 2026, pending approvals.
3 March 2026
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HSBC share price drops again as oil shock hits banks — what investors watch next

HSBC share price drops again as oil shock hits banks — what investors watch next

HSBC shares fell 2.5% to 1,299 pence in early London trading Tuesday, extending last week’s slide as Middle East conflict drove oil prices higher and clouded interest rate outlooks. Barclays and Lloyds also dropped, reflecting a wider selloff in UK banks. HSBC disclosed two senior executives sold shares in late February. Investors are watching HSBC’s March 12 ex-dividend date and the Bank of England’s March 19 decision.
3 March 2026
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Lloyds share price drops again as oil shock hits UK banks ahead of Reeves update

Lloyds share price drops again as oil shock hits UK banks ahead of Reeves update

Lloyds shares fell over 2% to 97.86 pence in early London trading Tuesday, extending losses for UK banks amid inflation and rate cut uncertainty. Oil price gains and Middle East tensions have pushed investors toward safe-haven assets. Traders now see a 52% chance of a Bank of England rate cut in March, down from 78% last week. Lloyds disclosed continued share buybacks and new share issuances for employee plans.
3 March 2026
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Sunrise Energy Metals share price slips after feasibility study update puts ASX:SRL back in play

Sunrise Energy Metals share price slips after feasibility study update puts ASX:SRL back in play

Sunrise Energy Metals shares fell 3.6% to A$7.69 after the company released a feasibility study update for its Syerston scandium project and trading resumed. The study put development capital at about US$120 million, with commercial production targeted for mid-2028. Investors await a funding package and a board decision expected in the second half of 2026. The stock is down 29% over the past week.
3 March 2026
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Rolls-Royce share price: Fresh buyback filing drops before London open — what traders watch next

Rolls-Royce share price: Fresh buyback filing drops before London open — what traders watch next

Rolls-Royce bought about 1.09 million shares on Monday under its buyback programme, paying between 1,288 and 1,348 pence each, and plans to cancel them. The company has repurchased 2.91 million shares since the programme began, leaving 8.425 billion shares in issue. The stock closed unchanged at 1,354 pence, about 5% below its 52-week high. London’s FTSE 100 fell 1.2% Monday as oil prices rose.
3 March 2026
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Woolworths share price steadies near 52-week high as dividend date looms and rate nerves flare

Woolworths share price steadies near 52-week high as dividend date looms and rate nerves flare

Woolworths Group shares closed at A$36.90 Tuesday, up 0.6% and at the top of their 52-week range, ahead of trading ex-dividend for A$0.45 a share on Wednesday. The S&P/ASX 200 fell 1.34% to about 9,089, with supermarkets more resilient than the broader market. Ord Minnett downgraded Woolworths to “Accumulate” from “Buy.” Oil prices rose on Middle East tensions, prompting regulator warnings on fuel price gouging.
3 March 2026
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Stock Market Today

  • SQQQ ETF Not Recommended for Long-Term Tech Shorting
    June 26, 2026, 4:20 PM EDT. ProShares UltraPro Short QQQ (SQQQ) ETF is rated a Sell because it is unsuitable as a long-term hedge or investment tool. The fund aims to deliver three times the inverse daily performance of the Nasdaq-100 index, making it a tactical rather than strategic option. Investors seeking consistent short exposure to technology stocks should consider the ETF's potential for value erosion over time due to daily reset mechanics. The SQQQ is best used for short-term market timing rather than prolonged market bets.

Latest News

Tech fund outflows hit US stocks after hours as AI trade momentum cools

Tech fund outflows hit US stocks after hours as AI trade momentum cools

26 June 2026
Tech sector funds saw nearly $20 billion in weekly outflows, reversing last week’s record inflow, as the Nasdaq 100 slid 1.09% and chip stocks tumbled, with the PHLX semiconductor index down over 4% for its biggest weekly drop since March, raising fresh concerns for investors in large tech and chip names.
AT&T dividend yield near 5% puts cash flow back in the spotlight

AT&T dividend yield near 5% puts cash flow back in the spotlight

26 June 2026
AT&T (NYSE:T) rose 0.6% to $22.55 as investors weighed its 4.9% dividend yield and $8 billion 2026 buyback—together nearly 10% of equity value—against Q2 free-cash-flow guidance of $4.0–$4.5 billion, which would cover the dividend by just over 2x ahead of July 22 results.
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