Today: 1 May 2026

Tesco (TSCO.L) stock slips after Christmas update boosts profit view — what traders watch next

Tesco (TSCO.L) stock slips after Christmas update boosts profit view — what traders watch next

Tesco shares closed down 1.6% at 415.4 pence Friday, extending losses despite the retailer raising its profit outlook after a 3.2% rise in Christmas sales. CEO Ken Murphy and CFO Imran Nawaz bought shares after the slide. Tesco repurchased 475,248 shares on Jan. 8 under its buyback program. UK like-for-like sales rose 3.9% in Q3, but growth slowed from the previous quarter.
10 January 2026
GSK stock: $50m Noetik deal and Jemperli royalty lawsuit sharpen focus on Feb 4 results

GSK stock: $50m Noetik deal and Jemperli royalty lawsuit sharpen focus on Feb 4 results

AnaptysBio filed a motion to dismiss part of GSK’s claim in a Delaware court dispute over royalties from cancer drug Jemperli. The court is expected to hear the motion by early March, with trial set for July. GSK ADRs closed up 0.3% at $50.39 in New York; London shares slipped 0.26% to 1,886 pence. Investors await GSK’s Jan. 13 conference appearance and Feb. 4 results.
BP stock jumps with oil prices as buyback rolls on — here’s what investors watch next

BP stock jumps with oil prices as buyback rolls on — here’s what investors watch next

BP shares closed up 2.39% at 426 pence Friday, buoyed by a 2.18% rise in Brent crude to $63.34 a barrel amid supply concerns linked to Iran and the Russia-Ukraine war. BP repurchased over 3.1 million shares as part of its ongoing buyback. Norges Bank cut its BP voting rights to 2.999%. The FTSE 100 ended at a record high, with energy stocks leading gains.
10 January 2026
Glencore stock jumps on Rio Tinto deal talks — what GLEN.L investors watch next

Glencore stock jumps on Rio Tinto deal talks — what GLEN.L investors watch next

Glencore shares jumped 9.6% to 452.65 pence in London after Rio Tinto confirmed preliminary talks on a possible all-share merger. Rio has until Feb. 5 to make a firm offer or withdraw, under UK takeover rules. Investors are weighing Glencore’s coal exposure and trading arm value as the deal could create a $207 billion mining giant. The UK Takeover Panel set a Jan. 22 deadline for position disclosures.
BAE Systems share price ends week higher as Trump defence-budget call lifts European defence stocks

BAE Systems share price ends week higher as Trump defence-budget call lifts European defence stocks

BAE Systems shares closed at 2,053p in London on Friday, up 1.48% after a sharp two-day rally. The move followed a surge in defence stocks amid calls from U.S. President Trump for higher military spending and possible limits on dividends and buybacks. BAE’s full-year results are due Feb. 18. Investors are watching for updates on cash returns and U.S. defence policy.
10 January 2026
Sembcorp Industries stock dips as Sprng Energy bid talk resurfaces; Alinta vote nears

Sembcorp Industries stock dips as Sprng Energy bid talk resurfaces; Alinta vote nears

Sembcorp Industries shares closed at S$5.99 on Friday, down 0.7%, after reports linked the company to a bidding race for Shell’s Indian renewables platform Sprng Energy. The drop comes as Sembcorp prepares for a shareholder vote on its planned A$6.5 billion cash purchase of Australia’s Alinta Energy. About 4.52 million shares traded between S$5.96 and S$6.03. Full-year earnings are due Feb. 23.

Stock Market Today

  • Is Eaton (ETN) Overvalued After Recent 41% Share Price Surge?
    May 1, 2026, 2:12 AM EDT. Eaton's share price closed at $410.77, rising 41.3% in the past year but dipping 0.7% last week. The electrical equipment and capital goods firm is a key player amid growing infrastructure and power management demand. However, discounted cash flow (DCF) analysis estimates Eaton's intrinsic value at $283.53, suggesting it is about 44.9% overvalued. The valuation score stands low at 2 out of 6, cautioning investors despite strong returns. Eaton's projected free cash flow is expected to increase to $10.9 billion by 2035, yet current market prices seem ahead of fundamentals. Investors should consider these valuation metrics before buying after a strong price rally.

Latest article

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 01.05.2026

1 May 2026
LIVEMarkets rolling coverageStarted: May 1, 2026, 12:00 AM EDTUpdated: May 1, 2026, 2:15 AM EDT Is Eaton (ETN) Overvalued After Recent 41% Share Price Surge? May 1, 2026, 2:12 AM EDT. Eaton's share price closed at $410.77, rising 41.3% in the past year but dipping 0.7% last week. The electrical equipment and capital goods firm is a key player amid growing infrastructure and power management demand. However, discounted cash flow (DCF) analysis estimates Eaton's intrinsic value at $283.53, suggesting it is about 44.9% overvalued. The valuation score stands low at 2 out of 6, cautioning investors despite strong returns. Eaton's
Sandisk Stock Falls After Blowout Q3 Earnings as AI Storage Rally Hits a High Bar

Sandisk Stock Falls After Blowout Q3 Earnings as AI Storage Rally Hits a High Bar

1 May 2026
Sandisk shares dropped about 6% in after-hours trading Thursday despite reporting fiscal Q3 revenue of $5.95 billion, up 251% from a year earlier, and net income of $3.62 billion. The company announced a $6 billion buyback and forecast Q4 revenue of up to $8.25 billion. Gross margin rose to 78.4%. Shares had closed at $1,096.51 before slipping to about $1,030.
Apple Stock Slips After Earnings Beat as iPhone Supply Snag Clouds $100 Billion Buyback

Apple Stock Slips After Earnings Beat as iPhone Supply Snag Clouds $100 Billion Buyback

1 May 2026
Apple reported fiscal Q2 revenue of $111.2 billion and earnings of $2.01 per share, beating analyst estimates. The board approved a $100 billion share buyback and raised the dividend. Shares fell about 1% after hours as iPhone sales missed forecasts and chip supply remained tight. Investors are watching for clarity on AI strategy and the upcoming CEO transition to John Ternus.
Go toTop