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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

  • Travelers Companies Rises to 176th Largest Company, Overtaking Ciena
    June 11, 2026, 5:18 PM EDT. Travelers Companies Inc (TRV) has climbed to the 176th position in the S&P 500 by market capitalization, surpassing Ciena Corp (CIEN). Travelers' market value stands at $64.51 billion, compared to Ciena's $61.53 billion. Market capitalization, which accounts for a company's total shares multiplied by its stock price, offers a clear comparison of company values beyond just stock price. This ranking impacts investment classifications, influencing whether mutual funds and ETFs include these stocks based on size tiers like Large Cap or MidCap. On Thursday's trading session, TRV rose 0.2%, while CIEN gained 2.1%, reflecting ongoing market dynamics around these companies.

Latest articles

B2Gold shares move up as gold helps lift TSX miners

B2Gold shares move up as gold helps lift TSX miners

11 June 2026
B2Gold shares soared over 5% on both NYSE American and TSX as gold prices rebounded and investors piled into Canadian mining stocks, with the company’s strong sensitivity to bullion prices and recent leadership change fueling the rally; trading volume topped 32 million shares and B2Gold outperformed the TSX index.
Bitmine’s BMNR Stock Gains After Preferred Sale Wraps, Ethereum Move Draws Eyes

Bitmine’s BMNR Stock Gains After Preferred Sale Wraps, Ethereum Move Draws Eyes

11 June 2026
Bitmine Immersion Technologies jumped 5.6% to $16.52 after issuing 3.5 million shares of 9.50% Series A Perpetual Preferred Stock, raising about $273.8 million for potential Ethereum purchases and staking expansion; the company now holds 5.54 million ETH, equal to 4.59% of Ethereum’s supply, and its price action remains closely tied to ETH moves.
Itaú Unibanco Rises After Announcing R$3 Billion Tier 1 Capital Plan

Itaú Unibanco Rises After Announcing R$3 Billion Tier 1 Capital Plan

11 June 2026
Itaú Unibanco jumped as its NYSE ADR rose 3.7% to $7.905 and São Paulo’s ITUB4 climbed 2.97% after Brazil’s largest private lender announced a BRL 3 billion perpetual subordinated bill issue, boosting its Tier 1 capital ratio by 19 basis points and impacting future shareholder distributions tied to capitalization rules.
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