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LSE:SJP.L 11 February 2026

St. James’s Place share price sinks 9% as AI jitters hit wealth managers again

St. James’s Place share price sinks 9% as AI jitters hit wealth managers again

St James’s Place shares dropped about 9% to 1,318 pence in early London trading Wednesday, extending a two-day slide amid renewed fears over AI-driven disruption in financial services. The selloff follows similar moves in U.S. brokerage stocks after new AI tax tools were announced. Investors await the group’s Feb. 25 results for updates on client flows and cash returns.

Stock Market Today

  • Insider Buying Alert: BKKT Director Invests $4.85M, HF Sinclair CEO Buys $1.04M Shares
    May 19, 2026, 11:34 AM EDT. On Monday, Bakkt (BKKT) Director Michael Alfred purchased 585,000 shares at $8.29 each, investing $4.85 million. BKKT shares rose 16.2% Tuesday, hitting a session high of $10.99, up 32.6% from Alfred's purchase price. Concurrently, HF Sinclair CEO Franklin Myers bought 15,000 shares at $69.11 each, spending $1.04 million. Despite Myers' purchase, HF Sinclair shares dipped marginally by 0.2%. Insider buying, where company executives or directors purchase stock, often signals confidence in future share price gains, attracting investor attention.

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Whitecap Shares Touch 52-Week High as Buyers Stay In

Whitecap Shares Touch 52-Week High as Buyers Stay In

19 May 2026
Whitecap Resources shares hit a 52-week high of CA$17.04 in Toronto on Tuesday, up 1.6% intraday, after confirming a May dividend and raising 2026 production guidance. The company reported record Q1 output of 391,416 boe/d and kept its capital budget steady. The S&P/TSX Composite opened higher as U.S.-Iran tensions eased, while crude prices slipped but stayed elevated. Whitecap’s market value stood at about CA$20.59 billion.
Canaan Shares Drop on Mining Hardware Maker’s Wider Losses

Canaan Shares Drop on Mining Hardware Maker’s Wider Losses

19 May 2026
Canaan shares dropped 13.8% to $0.4163 after the company posted a Q1 net loss of $88.7 million and forecast lower Q2 revenue of $35 million to $45 million. Revenue fell to $62.7 million from $196.3 million in Q4. The company announced an 8 MW Nordic heat-reuse project. Trading volume exceeded 11.8 million shares.
XRP’s $10 Bet Just Ran Into a $1.37 Problem

XRP’s $10 Bet Just Ran Into a $1.37 Problem

19 May 2026
XRP traded near $1.37 Tuesday, down 1.1% over 24 hours, with a market value of $84.5 billion. Standard Chartered projected XRP could reach $2.80 in 2026, but analysts at The Motley Fool and TipRanks warned Ripple’s payments strategy may weaken XRP’s role. The U.S. Senate Banking Committee advanced the Clarity Act, but support remains uncertain. The SEC’s lawsuit against Ripple ended in 2025 with a $125 million fine.

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Ondas Shares Drop Following $199 Million AI Defense Deal, Traders Eye Next Steps

Ondas Shares Drop Following $199 Million AI Defense Deal, Traders Eye Next Steps

18 May 2026
Ondas Inc. shares dropped about 10% to $9.555 in midday Nasdaq trading Monday after announcing a $199 million all-stock acquisition of Israeli defense software firm Omnisys and filing for potential resale of over 2.2 million shares tied to a previous deal. Trading volume topped 48 million shares. The Omnisys deal is expected to close in Q2, pending approvals and retention of key staff.
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