Today: 30 June 2026

Meta Stock Slips on AI Spend Jitters as $4 Trillion Valuation Chatter Grows

Meta Stock Slips on AI Spend Jitters as $4 Trillion Valuation Chatter Grows

Meta Platforms slipped 1.3% Friday, with investors balking at the escalating costs of artificial intelligence—despite Meta’s framing AI as its future growth driver. “The market's viewpoint is that the AI build-out trade … got too pricey,” according to Andrew Wells, chief investment officer at SanJac Alpha. Timing is critical here. Major U.S. tech giants have posted figures that seem less about fueling another “investment cycle” and more in line with a stress test scenario, prompting markets to push for results. “Investors right now are not forgiving about large investments without clear signal on return on invested capital,” Morgan Stanley analysts said.
8 February 2026
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Shell share price in focus after Kazakhstan investment pause and PwC audit switch

Shell share price in focus after Kazakhstan investment pause and PwC audit switch

London, Feb 8, 2026, 07:59 GMT — The market is shut. Shell Plc is hitting pause on fresh Kazakhstan investments while legal battles with the state drag out, CEO Wael Sawan told analysts. “We will hold until we have better line of sight to where things end up,” he said. Kazakhstan is pursuing $13 billion and $3.5 billion in contested costs tied to the Kashagan and Karachaganak oilfields. One arbitration result could land between $2 billion and $4 billion, according to sources.
8 February 2026
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Glencore shares steady after Rio walks away — what to watch before Monday’s trade

Glencore shares steady after Rio walks away — what to watch before Monday’s trade

London, Feb 8, 2026, 07:50 GMT — Market is shut. Glencore plc shares barely budged Friday, stabilizing after a volatile stretch sparked by Rio Tinto walking away from merger discussions. The stock finished at 478.10 pence, just 0.6% higher, having swung from 465.70 to 486.70 during the session. London’s market is closed Sunday, with trading set to resume Monday.
8 February 2026
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Stock Market Today

  • AeroVironment (NASDAQ:AVAV) jumps nearly 20% after Q4 earnings beat, BlueHalo deal lifts sales
    June 30, 2026, 4:46 AM EDT. AeroVironment shares soared 19.7% premarket after reporting a big Q4 beat. Revenue jumped 133% to $641.6 million, way ahead of the $556 million consensus. BlueHalo and Empirical Systems Aerospace, both recent buys, made up 44% of the quarter's sales. Adjusted EPS came in at $1.84, up 26% on estimates. Backlog rose 65% to $1.2 billion. Gross margin fell to 32% because of contract service and purchase accounting costs. AeroVironment's outlook for 2027 revenue is $2.125 billion to $2.225 billion - about 10% growth - but that's below Wall Street's EPS view of $3.84. The stock is moving from the Russell 2000 to Russell 1000 Value and Midcap Value, after a market cap increase.
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