Today: 2 May 2026

Standard Chartered stock edges up after buyback update; STAN.L investors eye Feb results

Standard Chartered stock edges up after buyback update; STAN.L investors eye Feb results

Standard Chartered shares rose 0.8% to 1,805 pence in early London trade after the bank bought back 537,006 shares, bringing total buyback spending to $1.11 billion. The buyback program, launched in August, is now about 86% complete and runs through Jan. 31. Full-year results are due Feb. 24. The bank also announced terms for three new bond issues under its $77.5 billion debt program.
8 January 2026
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Jefferies lifts Barclays, Lloyds and NatWest price targets as UK bank rally rolls into 2026

Jefferies lifts Barclays, Lloyds and NatWest price targets as UK bank rally rolls into 2026

Jefferies raised price targets on Barclays to 560p, Lloyds to 119p, and NatWest to 720p, citing room for UK bank shares to rise. UK banks now account for 17% of the FTSE 100 but still trade at a 25% discount to the wider market. Barclays kept Lloyds rated “overweight” and cut NatWest to “equal weight,” citing stronger capital returns at Lloyds. Shares were mixed in early London trading.
8 January 2026
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Unilever PLC stock hits a fresh 52-week low as Jefferies stays wary ahead of February results

Unilever PLC stock hits a fresh 52-week low as Jefferies stays wary ahead of February results

Unilever shares fell 0.7% to 4,599.6p in early London trading, hitting a 52-week low. Jefferies maintained an “underperform” rating, citing valuation and margin risks, and raised its target price to 4,100p. Unilever Indonesia agreed to sell its SariWangi tea unit for $89 million. Investors await Unilever’s Feb. 12 results for growth and margin updates.
8 January 2026
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Rolls-Royce shares hit fresh highs in 2026 rally as valuation debate heats upLondon,

Rolls-Royce shares hit fresh highs in 2026 rally as valuation debate heats upLondon,

Rolls-Royce shares climbed to 1,286 pence Thursday, up 8.5% in the first week of 2026. The stock drew retail and institutional interest as defence-linked shares rallied after U.S. President Trump called for a $1.5 trillion military budget. Rolls-Royce reported £0.9 billion of a planned £1 billion buyback completed and reaffirmed 2025 profit guidance. Full-year results are due Feb. 26.
8 January 2026
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Fresh Lloyds, Barclays and NatWest price targets hint at more upside for UK bank sharesLONDON,

Fresh Lloyds, Barclays and NatWest price targets hint at more upside for UK bank sharesLONDON,

Jefferies raised price targets for Lloyds to 119p, Barclays to 560p, and NatWest to 720p, citing room for UK bank shares to rerate despite a strong 2025. Lloyds traded near 99.6p, Barclays at 481p, and NatWest at 629p on Thursday. Barclays kept Lloyds “overweight” but cut NatWest to “equal weight,” citing diverging capital and earnings outlooks.
8 January 2026
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Utah’s New Wildfire Risk Map Flags Hot Zones as Central Texas Tracks Early 2026 FiresSALT LAKE CITY, Utah,

Utah’s New Wildfire Risk Map Flags Hot Zones as Central Texas Tracks Early 2026 FiresSALT LAKE CITY, Utah,

Utah officials released an updated wildfire risk map Thursday, placing about 60,000 structures in the highest risk tier and triggering new annual fees for property owners under House Bill 48. Insurers must use the state’s high-risk boundary starting Jan. 1. In Central Texas, state crews responded to four wildfires totaling 10 acres this week, with 2.5 acres burned so far in 2026.
8 January 2026
ABF shares plunge as Primark Europe slump triggers profit warning — what investors watch next

ABF shares plunge as Primark Europe slump triggers profit warning — what investors watch next

Associated British Foods shares dropped as much as 11.7% after the Primark owner cut its annual profit outlook, citing weak clothing demand in continental Europe and softer U.S. food sales. The company now expects adjusted operating profit and earnings per share below last year, reversing earlier growth forecasts. Primark’s like-for-like sales in continental Europe fell 5.7%. Final segment revenue will be published Jan. 22.
8 January 2026
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Stock Market Today

  • Wells Fargo (WFC) Stock Valuation and Regulatory Impact Assessed
    May 1, 2026, 9:46 PM EDT. Wells Fargo's stock closed at $80.81, showing a 1.8% gain over a week, but a 15.1% drop year-to-date amid regulatory scrutiny and legacy issue resolutions. The Excess Returns model, which evaluates profit above required investor returns, values Wells Fargo at $128.93 per share, suggesting the stock is undervalued by 37.3%. This contrasts with the modest 11.9% return over the past year, trailing peers. The findings highlight potential market mispricing linked to ongoing regulatory oversight and internal controls progress, underscoring risks and investor sentiment shaping Wells Fargo's valuation.

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US Stock Market Today After Hours: Nasdaq Tops 25,000 As S&P 500 Hits Record High

US Stock Market Today After Hours: Nasdaq Tops 25,000 As S&P 500 Hits Record High

2 May 2026
Nasdaq 100 futures climbed 0.68% and S&P 500 futures edged up 0.06% in early after-hours trading Friday, while Dow futures slipped 0.48%. The S&P 500 and Nasdaq closed at record highs, driven by first-quarter S&P 500 profit growth of 27.8%, according to LSEG. Oil prices, inflation signals, and upcoming jobs data remain in focus. GameStop shares rose 4% after reports it was preparing an offer for eBay.
McDonald’s Corporation Stock Slides Before Earnings as Its Big Drink Bet Comes Due

McDonald’s Corporation Stock Slides Before Earnings as Its Big Drink Bet Comes Due

2 May 2026
McDonald’s shares fell 2.37% to $286.64 on Friday, underperforming rivals ahead of its May 7 earnings report and a U.S. launch of six new McCafé specialty drinks. The company will begin selling the drinks nationwide on May 6, adding beverage specialist roles at 14,000 restaurants. Investors are watching whether the new drinks and value offers can boost traffic without slowing service or hurting margins.
Strategy Inc’s 11.5% STRC Payout Sets Up Bitcoin Dividend Vote

Strategy Inc’s 11.5% STRC Payout Sets Up Bitcoin Dividend Vote

2 May 2026
Strategy Inc kept STRC’s May dividend rate at 11.5% and set a $0.958333333 per-share payout, according to a new filing. Shareholders are voting on whether to move STRC dividends from monthly to twice monthly, with results due at the June 8 annual meeting. The company recently used $255 million from a stock sale to buy 3,273 bitcoin.
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