Today: 8 June 2026
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NYSE:PTI 23 February 2026 - 4 June 2026

Patterson-UTI Shares Up as Oil Slips

Patterson-UTI Shares Up as Oil Slips

Patterson-UTI Energy shares jumped 3.1% to $12.39, outpacing oil peers and the broader market, as the company forecast rising rig counts, higher dayrates, and $220 million in Q2 adjusted EBITDA, despite falling crude prices and a historic low in drilled-but-uncompleted shale wells, signaling strong demand for drilling activity.
4 June 2026
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Anglo American share price today: stock edges lower as CEO sets coal sale target, De Beers exit in focus

Anglo American share price today: stock edges lower as CEO sets coal sale target, De Beers exit in focus

Anglo American shares slipped 0.1% in early London trading after CEO Duncan Wanblad said a coal sale contract is targeted by mid-year and confirmed plans to exit De Beers in 2026. The company reported a $3.7 billion loss, with a $2.3 billion writedown tied to De Beers. The Teck merger still awaits approvals in China and South Korea. Next update is the Q1 production report on April 28.
23 February 2026
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Stock Market Today

  • Alphabet Stock Seen Surging to $600 by 2028 on AI and Cloud Growth
    June 8, 2026, 10:36 AM EDT. Alphabet Inc (GOOGL) stock is projected to reach $453.04 within 12 months, a 21.59% increase from its current $372.58, according to 24/7 Wall St. A bull case anticipates shares hitting $604.63 by June 2, 2028, backed by strong AI monetization, an $80 billion equity raise including a $10 billion Berkshire Hathaway investment, and a $460 billion Google Cloud backlog. Despite a 2.78% pullback from May peaks, analysts maintain a 90% confidence level with a Buy rating. Risks include elevated 2026 capital expenditure guidance of up to $185 billion and regulatory scrutiny in the EU and US. Nevertheless, operating margins expanded to 36.1% in Q1, underpinning optimism for sustainable growth.

Latest articles

Mortgage Rates Fall but Buyers Still Face Pressure

Mortgage Rates Fall but Buyers Still Face Pressure

8 June 2026
U.S. mortgage rates dipped to 6.48% from 6.53%, offering slight relief as the housing market faces falling listing prices—down 2.4% year-over-year to $429,500—but persistent high borrowing costs and strong jobs data threaten to push rates higher, risking further pressure on home sales and affordability.
QQQ Slides 4.8% But Options Market Sends Mixed Signals

QQQ Slides 4.8% But Options Market Sends Mixed Signals

8 June 2026
QQQ jumped 1.6% to $716.47 Monday after a 4.8% drop, as options data showed traders cautious but not panicked; the rebound follows a tech selloff sparked by Fed rate fears and AI spending doubts, while upcoming Nasdaq-100 rebalancing and new ETF competition add uncertainty for investors.
SOXL’s 433% Rally in AI Chip Sector Meets Sharp Pullback

SOXL’s 433% Rally in AI Chip Sector Meets Sharp Pullback

8 June 2026
SOXL surged nearly 15% to $209.62 Monday after last week’s 30.5% plunge, as chip stocks rebounded from a $1.3 trillion rout; leveraged ETF swings highlight the risks of daily resets, with Direxion and regulators warning these funds are trading tools, not long-term bets, especially as investors eye upcoming inflation data and Fed meetings.
Corning Wins Amazon AI Fiber Deal; GLW Faces Next Hurdle

Corning Wins Amazon AI Fiber Deal; GLW Faces Next Hurdle

8 June 2026
Amazon’s new multibillion-dollar supply deal makes Corning a key fiber provider for U.S. data centers, but with shares up 305% in 12 months and investors already pricing in big AI wins, the stock was little changed at $177.58 premarket as risks of factory delays and high expectations loom.
BlackBerry Shares Stall After QNX Push

BlackBerry Stock Moves in Pre-Market Ahead of June Test

8 June 2026
BlackBerry’s U.S. shares rose 2.34% in premarket trading to $9.63 after Friday’s 8.99% drop, but with analyst targets averaging just $4.98, investors are betting on QNX growth and secure-communications wins ahead of June 25 earnings; any disappointment could hit the stock hard.
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