Today: 8 June 2026
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ASX:TNE 12 November 2025 - 4 February 2026

Westpac’s $7 Billion Windfall Ignites ASX Rally Despite Mining Slump – Nov 3, 2025

Australian sharemarket today: S&P/ASX 200 closes at 8,799.5, down 0.22% — CBA extends slide, Life360 tumbles; energy and materials firm

Australia’s S&P/ASX 200 closed down 0.22% at 8,799.5 on Wednesday, as losses in banks and tech outweighed gains in miners and defensives. Commonwealth Bank dropped about 3% to a seven-month low after its quarterly update. Life360 slumped further, while Mineral Resources surged on a US$765 million lithium deal with POSCO. The All Ordinaries slipped 0.21% to 9,079.4.

Stock Market Today

  • Tilray Stock Hinges on Canadian and European Cannabis Markets
    June 8, 2026, 9:04 AM EDT. Tilray Brands (TLRY), known for cannabis and beverages, depends heavily on international markets outside the U.S. for revenue and profit. In fiscal 2025, cannabis and wellness made up 38% of sales, with the cannabis division generating $196.9 million-31% of total sales but 44% of gross profit. The company's sales are strongest in Canada and the EMEA region (Europe, Middle East, Africa), benefiting from looser regulations compared to the U.S. Despite a net loss of $67.2 million this year, Tilray's losses have narrowed significantly from the prior period. For Tilray to reach profitability, expanding Canadian and EMEA cannabis revenue remains crucial as U.S. markets face regulatory challenges and declining sales.

Latest articles

Plug Power Stock Faces a Make-or-Break Week After Friday’s 10% Drop

Plug Power Stock Faces a Make-or-Break Week After Friday’s 10% Drop

8 June 2026
Plug Power rose 2.95% to $3.31 in Monday pre-market trading after a $39.2 million federal tax credit sale tied to its St. Gabriel hydrogen facility, as investors await CEO Jose Luis Crespo’s June 11 update on liquidity and asset sales amid ongoing losses and a recent 10.69% stock drop.
ABAT Shares Jump on DOE’s $115M Lithium Grant Return

ABAT Shares Jump on DOE’s $115M Lithium Grant Return

8 June 2026
American Battery Technology Co shares soared 29.58% to $4.03 premarket after the U.S. Department of Energy fully reinstated a $115 million grant for its Nevada lithium refinery, restoring federal funding for the Tonopah Flats Lithium Project with no change to awarded funds or milestones, though risks remain from permitting, financing, and volatile lithium prices.
NANO Nuclear Stock Bounces, Investors Eye What’s Next

NANO Nuclear Stock Bounces, Investors Eye What’s Next

8 June 2026
NANO Nuclear Energy jumped 7.8% to $25.40 in premarket trading after a 9.9% Friday drop, as traders weighed fresh insider sales filings and recent regulatory progress on its KRONOS microreactor project; the company held $568.7 million in cash as of March 31, but faces sector-wide volatility and execution risks.
Nurix Shares Jump Premarket on Roche $2.3 Billion Cancer Drug Deal

Nurix Shares Jump Premarket on Roche $2.3 Billion Cancer Drug Deal

8 June 2026
Nurix soared 20.4% to $17.62 premarket after Roche agreed to pay $700 million up front in a bexobrutideg collaboration worth up to $2.3 billion, a major cash boost and external validation for Nurix’s lead blood cancer drug ahead of a planned Phase 3 trial, with Roche’s clinical and commercial backing now in play.
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