Today: 9 April 2026
Browse Category

ASX:GMD 30 January 2026 - 2 February 2026

Evolution Mining share price slides 6% on gold pullback — what to watch before Monday’s ASX open

Evolution Mining share price slides 6% on gold pullback — what to watch before Monday’s ASX open

Evolution Mining shares fell 6.4% to A$14.71 Friday as gold prices dropped 4.7% to $5,143.40 an ounce and mining stocks slid across the ASX. The company will release its half-year results and hold a conference call on Feb. 11. Evolution reaffirmed full-year gold and copper guidance. Investors await earnings season and the Reserve Bank of Australia’s policy decision next week.
31 January 2026
Australia stock market today: ASX 200 slips as miners sink, RBA rate call looms

Australia stock market today: ASX 200 slips as miners sink, RBA rate call looms

ASX 200 fell 0.65% to 8,869.1 as miners and gold stocks slumped, with Rio Tinto down 3.5% and BHP off 1.8%. Hotter-than-expected core inflation pushed markets to price in a 75% chance of an RBA rate hike next week. The Australian dollar slipped to 70.02 U.S. cents. Whitehaven reported a 21% jump in quarterly coal output to 11 million tonnes.

Stock Market Today

  • Lumentum Holdings (LITE) Eyes Potential Breakout Amid Bull Trap Concerns
    April 9, 2026, 11:11 AM EDT. Lumentum Holdings Inc (NASDAQ:LITE) trades higher and nears a key resistance level that could trigger a breakout or a bull trap. A breakout occurs when buyers overpower sellers at resistance, potentially pushing the stock upward. However, a bull trap-a false breakout-may prompt a swift reversal, erasing gains as sellers return. Traders watch closely since failure to sustain a breakout could drive Lumentum into a downtrend. Market participants remain cautious amid this technical tension on Tuesday, making Lumentum one of the day's top performers but exposing it to volatility risks.

Latest article

SoFi Technologies Stock Slips as Wall Street Cuts Targets Ahead of Q1 Earnings

SoFi Technologies Stock Slips as Wall Street Cuts Targets Ahead of Q1 Earnings

9 April 2026
SoFi Technologies shares fell 1.9% to $16.18 Thursday after KBW and Wells Fargo cut price targets ahead of first-quarter results due April 29. The moves follow Muddy Waters’ short position and claims of accounting issues, which SoFi denies. Affirm and LendingClub also traded lower. Barclays and other banks have trimmed targets as concerns mount over credit quality and sector valuations.
Tesla revives cheaper EV bet with compact SUV plan in China after sales strain

Tesla revives cheaper EV bet with compact SUV plan in China after sales strain

9 April 2026
Tesla is developing a smaller, cheaper electric SUV to be built first in Shanghai, sources said. The new model would cost less than the Model 3 and be smaller than the Model Y. Tesla produced 408,386 vehicles but delivered only 358,023 in Q1, as U.S. demand weakened and competition increased. Shares fell 0.8% Thursday.
Grab Holdings Bets on AI as Group Ride Tool Targets 40% Lower Fares

Grab Holdings Bets on AI as Group Ride Tool Targets 40% Lower Fares

9 April 2026
Grab Holdings launched 13 new AI-powered products in Jakarta, including a “Group Ride” feature that can cut fares by up to 40% for shared routes. CEO Anthony Tan said the tools aim to offset rising fuel costs and support demand as households tighten spending. The company’s 2026 revenue and profit forecasts remain below analyst expectations. Grab’s $600 million deal to buy Foodpanda Taiwan is pending regulatory approval.
Nokia Oyj AI Data Center Push Gets Lift From Fifth Straight GigaOm Leader Ranking

Nokia Oyj AI Data Center Push Gets Lift From Fifth Straight GigaOm Leader Ranking

9 April 2026
Nokia was named a Leader and Outperformer in GigaOm’s 2026 Radar for data center switching for the fifth year in a row, competing with Cisco, Arista, and HPE Juniper. Shares fell 1.05% in Helsinki ahead of Thursday’s annual meeting, where board changes and a dividend of up to 14 euro cents per share will be considered.
American Airlines Faces FAA Fine Over Drug-Testing Lapses in New Test for 2026 Turnaround

American Airlines Faces FAA Fine Over Drug-Testing Lapses in New Test for 2026 Turnaround

9 April 2026
The FAA proposed a $255,000 civil penalty against American Airlines, alleging the carrier allowed 12 flight attendants who tested positive for drugs or alcohol to return to safety-sensitive duties before completing required follow-up tests. The alleged violations occurred from May 2019 to December 2023. American has 30 days to respond. The airline said it is reviewing the notice.
Go toTop