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AMS:TOM2 7 January 2026 - 11 January 2026

SoundHound AI stock jumps 7% ahead of Monday as CES demos and TomTom tie-up keep SOUN in focus

SoundHound AI stock jumps 7% ahead of Monday as CES demos and TomTom tie-up keep SOUN in focus

SoundHound AI shares jumped 6.7% to $11.75 Friday, trading nearly 39.3 million shares after the company showcased new “agentic” voice commerce features at CES 2026. TomTom announced a partnership with SoundHound for in-car voice assistants. DA Davidson cut its price target, and short interest stands near 30.6%. SoundHound has not set its next earnings date.
Uber stock price forecast: Robotaxi debut, analyst targets and the next catalysts for UBER

Uber stock price forecast: Robotaxi debut, analyst targets and the next catalysts for UBER

Uber shares rose 0.7% to $86.10 after unveiling a robotaxi with Lucid and Nuro at CES in Las Vegas. Wall Street remains divided on how quickly robotaxis could affect Uber’s margins, with price targets ranging from $73 to $110. Autonomous on-road testing began in December, with service launch planned in the Bay Area in late 2026. Investors await U.S. jobs data Jan. 9 and Uber’s earnings, expected Feb. 4.

Stock Market Today

  • Tate & Lyle agrees £2.7bn takeover by US rival Ingredion, risking 475 jobs
    June 8, 2026, 6:38 AM EDT. Tate & Lyle has agreed to a £2.7 billion takeover by US rival Ingredion, valuing the FTSE 250 firm at 615p per share, a 60% premium. The deal could lead to a "material reduction" of about 475 jobs, or 3% of the combined workforce. Tate & Lyle, known for artificial sweeteners like Splenda, employs around 5,000 globally, with 200 UK-based staff. Ingredion, based in Chicago, has about 11,000 employees. The combined entity is expected to generate $9.9 billion in annual revenue and $1.8 billion in adjusted profits. The takeover marks another major exit from London's stock market, following similar moves by Schroders, Beazley, and Intertek. Board chairs highlight the deal's potential to enhance scale and innovation in food ingredient solutions.

Latest articles

Delta Back in Hong Kong, but United in Focus

Delta Back in Hong Kong, but United in Focus

8 June 2026
Delta Air Lines relaunched daily Los Angeles-Hong Kong flights, directly challenging United and Cathay Pacific amid high fuel costs and heavy competition; the move tests whether Delta’s premium cabins, cargo capacity, and LAX connections can drive growth as IATA slashes 2026 profit forecasts due to elevated fuel prices and regional disruptions.
FTSE 100 Dips While £2.7bn Takeover Drives London Headlines

FTSE 100 Dips While £2.7bn Takeover Drives London Headlines

8 June 2026
Tate & Lyle soared nearly 13% after Ingredion agreed to buy the British ingredients group for 595p per share in cash, valuing its equity at about £2.7 billion; meanwhile, the FTSE 100 slipped 0.28% as oil’s surge on renewed Middle East tensions lifted BP and Shell but pressured airlines and tech stocks, with higher bond yields adding further drag.
Air Liquide Shares Appear Down 10% as Bonus-Share Reset Takes Effect

Air Liquide Shares Appear Down 10% as Bonus-Share Reset Takes Effect

8 June 2026
Air Liquide shares fell 0.90% to €165.22 in Paris after a 1-for-10 bonus-share adjustment, with Eurex using a €183.40 closing price and a 0.90909091 adjustment factor; the move was technical, not a change in fundamentals, as investors await a June 9 shareholder meeting and July 28 first-half results.
Why India’s Stock Market Fell Today: Oil Shock, Asia Rout Hit Sensex and Nifty

Why India’s Stock Market Fell Today: Oil Shock, Asia Rout Hit Sensex and Nifty

8 June 2026
Indian shares tumbled about 1% as Brent crude surged above $97 after Israel struck an Iranian plant, sparking fears over energy supply, rupee weakness, inflation, and company margins; Nifty 50 fell 1.04% to 23,124.35, Sensex dropped 694.45 points, with 13 of 16 sectors down and volatility jumping as global tech and rate worries intensified investor nervousness.
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