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HKG:2378.HK 2 December 2025

Prudential plc (LON: PRU) Share Price Near 52‑Week High as Massive Buybacks Lift Outlook – Is the Stock Still Undervalued?

Prudential plc (LON: PRU) Share Price Near 52‑Week High as Massive Buybacks Lift Outlook – Is the Stock Still Undervalued?

Prudential plc shares closed at 1,095p–1,096p in London on 2 December, up nearly 70% over the past year and just below their 52-week high. The insurer reported double-digit profit growth across Asia and Africa, with half-year new business profit up 12% to $1.26bn and Q3 new business profit up 13% to $705m. Market capitalisation stands at about £27.8bn.

Stock Market Today

  • Dollar Dips on Disappointing US Economic Data; Euro Supports Gains
    April 9, 2026, 12:55 PM EDT. The U.S. dollar slipped 0.24% amid weaker-than-expected economic data, including a downward revision of Q4 GDP, a decline in personal income, and a rise in jobless claims to an 8-week high. These signs point to a softer labor market and restrained spending. Despite this, dollar losses were capped by concerns over the US-Iran ceasefire and a 4% surge in crude oil prices, which may spur inflation and press the Federal Reserve to maintain hawkish policies. Meanwhile, the euro gained 0.21%, bolstered by stronger German trade figures and hawkish ECB commentary, though gains were offset by falling German industrial production and rising oil prices, which pose inflation risks to the Eurozone economy.

Latest article

Unilever Snaps Up Grüns to Deepen U.S. Wellness Push After McCormick Food Deal

Unilever Snaps Up Grüns to Deepen U.S. Wellness Push After McCormick Food Deal

9 April 2026
Unilever said Thursday it will acquire U.S. greens-supplement brand Grüns for an undisclosed sum, with the deal expected to close later this year pending approvals. Grüns was valued at about $500 million in a 2025 Series B round, according to Reuters. The purchase follows Unilever’s recent agreement to combine its food business with McCormick.
Lumentum Stock Nears $960 After JPMorgan, Mizuho Raise Targets on Nvidia AI Optics Demand

Lumentum Stock Nears $960 After JPMorgan, Mizuho Raise Targets on Nvidia AI Optics Demand

9 April 2026
Lumentum shares climbed Thursday after JPMorgan raised its price target to $950, following Mizuho’s hike to $930. The moves come after Nvidia agreed last month to invest $2 billion in Lumentum and make multibillion-dollar purchase commitments. Lumentum reported February quarter revenue of $665.5 million, up 65.5% year-over-year. An SEC filing showed Lumentum will swap 5.7 million shares for $474.6 million in convertible notes.
SBTi Says Corporate Climate Targets Jumped 40% in 2025 as Asia Closes In on Europe

SBTi Says Corporate Climate Targets Jumped 40% in 2025 as Asia Closes In on Europe

9 April 2026
The number of companies with Science Based Targets initiative-validated climate goals reached 9,764 by the end of 2025, up 40% from the previous year. Asia added 1,216 companies, nearly matching Europe’s increase. Europe held 49% of validated targets, Asia 36%, and North America 11%. Japan led single markets with 2,091 companies.
Palantir Stock Drops as Michael Burry Says Anthropic Is ‘Eating Its Lunch’

Palantir Stock Drops as Michael Burry Says Anthropic Is ‘Eating Its Lunch’

9 April 2026
Palantir Technologies dropped about 7% Thursday after Michael Burry said Anthropic was overtaking it in enterprise AI, putting Palantir on track to lose $34 billion in market value. Anthropic reported its annualized revenue run rate had surged past $30 billion and launched new AI tools for businesses. Nearly one in four businesses on Ramp now pays for Anthropic, according to Ramp data. Palantir’s stock still trades at 395 times earnings.
Salesforce Stock Hits Fresh 52-Week Low Despite AI Growth and $50 Billion Buyback

Salesforce Stock Hits Fresh 52-Week Low Despite AI Growth and $50 Billion Buyback

9 April 2026
Salesforce shares hit a new 52-week low Thursday, dropping 3.7% to $169.76 despite reporting 12% revenue growth and strong demand for its AI products. The broader software sector continued to slide, with the S&P 500 software and services index down about $1 trillion since January. Salesforce raised its buyback authorization to $50 billion and increased its dividend to 44 cents a share.
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