Today: 29 April 2026

Rio Tinto share price slips in London as iron ore weakens and Glencore clock ticks

Rio Tinto share price slips in London as iron ore weakens and Glencore clock ticks

Rio Tinto shares fell 0.8% to 6,287 pence in early London trading as iron ore futures hit a two-week low, with China’s May contract down 2.82% to 792 yuan a ton. BHP confirmed it is offering price concessions in 2026 supply talks with China’s state buyer. Investors are watching Rio’s quarterly update and a Feb. 5 deadline for Glencore’s potential offer.
20 January 2026
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Unilever share price today: ULVR slides in London as tariff nerves linger ahead of results

Unilever share price today: ULVR slides in London as tariff nerves linger ahead of results

Unilever shares slipped 0.7% to 4,732.5p in early London trading Tuesday, tracking broader declines in European markets after renewed U.S. tariff threats. Berenberg reiterated its Buy rating and 5,600p target. Investors await Unilever’s Feb. 12 results, the first since the ice cream division demerger, for updates on volumes and margins. Year to date, the stock is down about 2.6%.
20 January 2026
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Glencore share price slips in London as BlackRock filing keeps Rio Tinto deal watch alive

Glencore share price slips in London as BlackRock filing keeps Rio Tinto deal watch alive

Glencore shares slipped 0.4% to 478.95 pence after Rio Tinto confirmed talks on an all-share takeover, triggering speculation and regulatory scrutiny. BlackRock disclosed a 7.17% stake and a 0.07% short position. China’s antitrust review could require asset sales if a deal proceeds. Investors await Glencore’s production report on Jan. 29 and 2025 results on Feb. 18.
20 January 2026
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Wesfarmers walks away from a $400m Priceline rescue — and now the Infinity pharmacies are up for grabs

Wesfarmers walks away from a $400m Priceline rescue — and now the Infinity pharmacies are up for grabs

Wesfarmers has withdrawn from efforts to rescue Infinity Pharmacy Group, leaving 54 Priceline stores in receivership with debts over A$400 million. Receivers are keeping more than 50 stores open while creditors weigh options. Chemist Warehouse and Genesis Capital have shown interest in acquiring the distressed pharmacy network. Major banks and Wesfarmers-owned API are among the largest creditors.
20 January 2026
Bitcoin drops toward $92,000-$93,000, wiping out $790 million longs as traders eye $80K

Bitcoin drops toward $92,000-$93,000, wiping out $790 million longs as traders eye $80K

Bitcoin plunged to $92,234 on Jan. 20, triggering about $874 million in crypto liquidations, mostly from long positions, according to CoinGlass. The selloff followed new U.S.-EU tariff threats over Greenland, sending gold to a record $4,689 an ounce and silver to $94.08. Bitcoin later traded near $92,721. Investors moved out of U.S. assets, with bitcoin losing 2.2% in Tuesday’s Asian session.
20 January 2026
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Why London Stock Exchange Group (LSEG) share price is sliding: buyback filing lands as UK reforms and tariff jitters collide

Why London Stock Exchange Group (LSEG) share price is sliding: buyback filing lands as UK reforms and tariff jitters collide

London Stock Exchange Group shares fell 1.2% to 8,974 pence by 0826 GMT after announcing new buybacks and the purchase of 110,386 shares for cancellation. Britain’s new capital-raising rules took effect, raising the prospectus threshold and aiming to cut costs. London markets dropped after President Trump announced a 10% tariff on UK and European imports, effective Feb. 1. LSEG will report preliminary 2025 results on Feb. 26.
20 January 2026
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Compass Group share price slips in early London trade as tariff jitters hit markets; Feb 5 update looms

Compass Group share price slips in early London trade as tariff jitters hit markets; Feb 5 update looms

Compass Group shares fell 0.8% to 2,264.5 pence in early London trading Tuesday, extending a five-day slide to 2.2%. The drop tracked broader market weakness amid renewed tariff threats and global risk aversion. No new company news moved the stock. Investors are eyeing Compass’s Feb. 5 trading update and annual meeting, with a final dividend set for Feb. 26.
20 January 2026
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White House says seized Samourai Bitcoin won’t be sold — and the U.S. reserve plan is still stuck in legal knots

White House says seized Samourai Bitcoin won’t be sold — and the U.S. reserve plan is still stuck in legal knots

The Justice Department has not sold the 57.5 bitcoin seized in the Samourai Wallet case, White House crypto advisor Patrick Witt said Friday. The coins remain in the Strategic Bitcoin Reserve, following a Trump administration order barring liquidation. Officials say legal disputes are delaying further reserve expansion. The U.S. government currently holds over 328,000 bitcoin, valued at more than $31 billion.
20 January 2026
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Lloyds share price near 102p: what could move LLOY.L at the London open

Lloyds share price near 102p: what could move LLOY.L at the London open

Lloyds Banking Group closed Monday at 102.30 pence, near recent highs, after filing a share plan ahead of full-year results due January 29. The FTSE 100 fell 0.4% as Trump’s tariff threats hit sentiment. UK payrolls dropped by 43,000 in December, fueling bets on a 2026 Bank of England rate cut. Lloyds still faces uncertainty over an £800 million charge from the motor finance mis-selling scandal.
20 January 2026
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OpenAI CFO Sarah Friar lifts lid on $20B revenue run rate as 2026 shifts to “practical adoption”

OpenAI CFO Sarah Friar lifts lid on $20B revenue run rate as 2026 shifts to “practical adoption”

OpenAI’s annualized revenue run rate reached $20 billion in 2025, up from $6 billion in 2024, CFO Sarah Friar said. Compute capacity rose to 1.9 gigawatts, nearly tripling from the previous year. Friar said 2026 will focus on practical adoption in health, science, and enterprise, with more emphasis on AI agents and workflow automation. No profit or cash-flow figures were disclosed.
20 January 2026
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Stock Market Today

  • CoStar Group Shares Enter Oversold Territory with RSI at 25.4
    April 29, 2026, 5:28 PM EDT. CoStar Group, Inc. (CSGP) shares fell to an RSI of 25.4, entering oversold territory, indicating potential buying opportunities amid recent heavy selling. The RSI, or Relative Strength Index, gauges stock momentum on a scale from zero to 100, with readings below 30 signaling oversold conditions. CSGP's stock price hit a 52-week low of $33.315, compared to a high of $97.43, and last traded at $34.14. By contrast, the S&P 500 ETF's RSI stands at 65.8, suggesting steadier momentum in the broader market. Investors may view CSGP's current level as a sign that selling pressure could be easing, aligning with Buffett's advice of being 'greedy when others are fearful.'

Latest article

Nebius Stock Jumps as Meta’s AI Spending Reset Puts $27 Billion Deal in Focus

Nebius Stock Jumps as Meta’s AI Spending Reset Puts $27 Billion Deal in Focus

29 April 2026
Nebius Group N.V. shares rose 5.3% to $142.73 Wednesday as Meta Platforms raised its 2026 capital spending forecast by up to $10 billion, citing higher data center costs. Nebius has a contract to supply Meta with up to $27 billion in AI cloud capacity. Fourth-quarter 2025 revenue jumped 547% to $227.7 million, but the company reported a net loss of $249.6 million.
Phillips 66 Stock Jumps as Surprise Profit Shows Refining Margins Are Back in Focus

Phillips 66 Stock Jumps as Surprise Profit Shows Refining Margins Are Back in Focus

29 April 2026
Phillips 66 reported an adjusted first-quarter profit of $200 million, or 49 cents per share, beating analyst forecasts of a loss. Strong refining margins and 95% plant utilization offset $839 million in hedge-related losses. Shares rose over 6% after the results. The company also completed its acquisition of Lindsey Oil Refinery assets in the UK.
Extreme Networks Stock Jumps as Q3 Earnings Beat Puts Cisco, HPE Rivals in Focus

Extreme Networks Stock Jumps as Q3 Earnings Beat Puts Cisco, HPE Rivals in Focus

29 April 2026
Extreme Networks shares surged 28% after reporting fiscal Q3 revenue of $316.9 million, up 11%, and non-GAAP earnings of 26 cents per share, both above estimates. The company forecast Q4 revenue of $330–$335 million, topping FactSet’s $326.9 million estimate. SaaS annual recurring revenue rose 28.6% to $236.4 million. Net income climbed to $10.6 million from $3.5 million a year earlier.
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