BAT shares rise Friday, eyes now on key vape test next week
BAT shares fell 4% Tuesday after the company kept group revenue and profit guidance unchanged, despite
Lloyds Stock Drops Under £1 as Investors Weigh Buyback, Outage and Rate Bets
Lloyds Banking Group shares closed at 99.16p on Friday, down 1.33% on the day and 2.7% for the week. The bank bought back 5 million shares on June 5 as part of
Why aTyr Pharma Stock Is Sliding Before a Key June FDA Filing
aTyr Pharma shares fell 7.9% to 47.25 cents Friday, underperforming biotech indexes, as investors awaited a planned June regulatory filing for a new Phase 3 lung-disease trial. FMR LLC disclosed a 6.1% stake in aTyr in a Schedule 13G/A. The company’s previous Phase 3 trial missed its primary endpoint. Broader markets also declined after strong U.S. jobs data.
AGNC slides as 14% yield meets Fed rate shock
AGNC Investment Corp. shares fell 1% to $10.19 Friday as a strong U.S. jobs report fueled concerns over higher-for-longer interest rates. Trading volume reached about 7.1 million. Piper Sandler maintained its Overweight rating and $11.50 target, while Barclays held at Equalweight with a $10 target. AGNC’s May dividend was set at 12 cents per share, yielding about 14.1% at current prices.
JIADE halted after plunge and discounted deal
JIADE shares remained halted on Nasdaq Friday after a 25% drop to $50 on June 4, following a 10-for-1 reverse split and a $12 million direct offering at $2.40 per share. Nasdaq requested more information from the company, citing a T12 halt. No trading occurred June 5, with platforms showing zero volume. JIADE recently reported a net loss for 2025 despite higher revenue.
Cisco Stock Slips, Pulls Dow Down After Jobs Report
Cisco shares fell 5% to $123.25 early Friday after a strong U.S. jobs report triggered selling in tech stocks. The stock had surged to a 52-week high Thursday on AI optimism and strong earnings. Cisco’s drop weighed on the Dow, along with IBM and Broadcom. Trading volume reached 10.8 million shares by early afternoon.
American Bitcoin Stock Sinks Under $1 as Bitcoin Slide Brings ABTC Back in View
American Bitcoin Corp. shares fell 7.6% to $0.8439 Friday as bitcoin dropped 5.5% to around $60,170, triggering losses across crypto miners. The company warned it risks losing its Nasdaq listing if its stock stays below $1, and is seeking shareholder approval for a reverse split at its June 22 meeting. Trading volume topped 8 million shares. Hut 8, closely linked to ABTC, also declined over 10%.
XCF Global shares drop as CEO takes on chair role ahead of Nasdaq deadline
XCF Global Inc. shares fell about 8.5% to $0.4028 late Friday morning as the company named CEO Chris Cooper board chair and investors watched a looming Nasdaq delisting deadline. The stock has until June 8 to close above $1 for 10 straight days to regain compliance. XCF is preparing to restart its Reno refinery, targeting early June production. First-quarter net loss was $17.8 million on revenue of $348,688.
IREN stock slides as AI data center push meets Nasdaq drop
IREN Limited fell 8.7% to $56.50 early Friday as the Nasdaq dropped and traders weighed its Australian data-center plans. The company secured a $3.65 billion GPU financing facility to support a Microsoft AI cloud contract and plans a new 800-megawatt campus in South Australia. IREN is shifting focus from bitcoin mining to AI infrastructure, with major Nvidia chip orders and projected ARR growth to $4.4 billion.
MongoDB’s AI Signal May Get Tested as Shares Face Friday Open
MongoDB closed Thursday at $380.18, up 3.2%, then traded nearly flat at $380.12 premarket Friday. The company raised its fiscal 2027 revenue outlook after posting a 25% jump in first-quarter revenue, driven by Atlas cloud growth. Nasdaq 100 futures fell 0.88% before the bell, pressuring tech stocks.
XCF Global shares drop as CEO takes on chair role ahead of Nasdaq deadline
XCF Global Inc. shares fell about 8.5% to $0.4028 late Friday morning as the company named CEO Chris Cooper board chair and investors watched a looming Nasdaq delisting deadline. The stock has until June 8 to close above $1 for 10 straight days to regain compliance. XCF is preparing to restart its Reno refinery, targeting early June production. First-quarter net loss was $17.8 million on revenue of $348,688.
IREN stock slides as AI data center push meets Nasdaq drop
IREN Limited fell 8.7% to $56.50 early Friday as the Nasdaq dropped and traders weighed its Australian data-center plans. The company secured a $3.65 billion GPU financing facility to support a Microsoft AI cloud contract and plans a new 800-megawatt campus in South Australia. IREN is shifting focus from bitcoin mining to AI infrastructure, with major Nvidia chip orders and projected ARR growth to $4.4 billion.
MongoDB’s AI Signal May Get Tested as Shares Face Friday Open
MongoDB closed Thursday at $380.18, up 3.2%, then traded nearly flat at $380.12 premarket Friday. The company raised its fiscal 2027 revenue outlook after posting a 25% jump in first-quarter revenue, driven by Atlas cloud growth. Nasdaq 100 futures fell 0.88% before the bell, pressuring tech stocks.
Inotiv Stock Slides After Chapter 11 Plan Signals Shareholders at Risk
Inotiv shares fell 28% to $0.0866 after the company filed a prepackaged Chapter 11 plan that cancels all current equity with no payout. The restructuring aims to eliminate about $326 million in funded debt and remove Inotiv from public markets in roughly 50 days. Trading volume topped 15 million shares. The company secured $65.4 million in debtor-in-possession financing, including earlier bridge loans.
Applied Digital Stock Is Sliding — The AI Data-Center Bet Faces Its Next Test
Applied Digital Corp shares fell 2.6% to $43.57 Thursday as a Broadcom-led chip selloff weighed on AI-infrastructure stocks and the Nasdaq. The company’s market value stood at $12.3 billion with nearly 10 million shares traded. Recent contracts have boosted Applied Digital’s baseline revenue commitments to $31 billion, but the firm posted a $100.9 million net loss last quarter despite surging revenue.
Eikon Therapeutics Jumps Ahead of Biotech Peers
Eikon Therapeutics shares rose 5.1% to $9.91 late Thursday morning, still about 45% below the $18 IPO price from February. The company completed enrollment for its Phase 2 lung cancer trial, reporting a 63.1% objective response rate. Eikon ended Q1 with $596 million in cash but posted an $83 million loss. Analyst price targets averaged $24.80, with most maintaining a “Buy” rating.
Diageo Gains on World Cup, Still Faces U.S. Pressure
Diageo shares rose 1.49% to £14.95 in London on Friday as traders anticipated higher drinks sales during the FIFA World Cup, which starts June 11. The company reported a 9.4% sales drop in North America last quarter but saw strong Guinness demand in Britain and Ireland. The FTSE 100 closed up 0.07%. London markets are now shut for the weekend.
Legal & General Drops in London as 8% Yield Draws Rate Focus
Legal & General Group closed Friday down 1.1% at 269.20p, with weekly losses at 0.8% and volume at 37.24 million shares. The insurer paid a 15.67p final dividend June 4, putting the yield at 8.09%. L&G’s 2025 core operating profit rose 6% to £1.623 billion, with a 210% Solvency II ratio and a £1.2 billion buyback plan. The Bank of England’s next rate decision is due June 18.
Standard Chartered shares drop in London after China news
Standard Chartered shares fell 1.15% to 1,939.5p in London on Friday after reports of tighter Chinese capital controls hit banks with Hong Kong exposure. The stock, which set a 52-week high at 2,073p earlier in the week, dropped as investors worried about restrictions on cross-border wealth flows. The FTSE 100 edged up 0.07%. London markets were closed Saturday.
Prudential Stock Slides Again as China Curbs Cloud Its Asia Growth Bet
Prudential shares fell 2.48% to £9.51 in London on Friday, capping a two-day drop of nearly 10% after reports of tighter capital controls in China and Hong Kong. Trading volume hit 9.1 million shares, above average. The FTSE 100 rose 0.07%. Investors await regulatory updates next week.
RELX Shares Rebound, AI Competition Stays Unsettled
RELX PLC shares rose 6.8% this week, closing Friday at 2,616 pence after a two-day rally. The gain follows a £150 million share buyback set to end June 8. The FTSE 100 was flat, while the FTSE 250 fell 1%. RELX faces rising competition in legal tech from AI startups, but maintains its data cannot be easily replicated.
GSK edges past FTSE gain; what Friday’s move means now
GSK shares rose 1.89% to 1,938p on Friday, closing the week up 3%. The stock remains 15% below its 52-week high. CEO Luke Miels is set to speak at the Citi healthcare conference in London on June 10. Investors await a U.S. decision on GSK’s hepatitis B drug bepirovirsen by Oct. 26.
Autotrader Jumps After £500 Million Buyback Move, Eyes on Monday’s Results
Autotrader shares closed Friday up 1.98% at 469 pence, capping a 6.4% weekly gain. The company reported a 4% rise in annual revenue to £624.3 million and returned £463 million to shareholders in fiscal 2026. Its annual report is due Monday. Shares remain 44% below their August 52-week high.
BP Stock Just Recovered From Boardroom Shock. The Next Test Comes Monday
BP shares closed at 546.00p in London on Friday, up 4.6% for the week after recent boardroom upheaval and renewed scrutiny of its asset-sale strategy. The company announced a 5% stake sale in Australia’s Browse LNG project and continued efforts to divest North Sea assets, though talks with Ithaca Energy collapsed. BP’s market value stood at £84.36 billion with 28.5 million shares traded.
Barclays Shares Flat; UK Data Could Set Next Move
Barclays shares closed Friday at 457.65 pence, down 1.35%, erasing gains from earlier in the week and ending nearly flat compared to May 29. About 30.6 million shares traded hands Friday. The FTSE 100 edged up 0.07% to 10,368.05 but slipped for the week. Barclays continued its buyback, cancelling 53.864 million shares since April 29.
BAT shares rise Friday, eyes now on key vape test next week
BAT shares fell 4% Tuesday after the company kept group revenue and profit guidance unchanged, despite raising its outlook for smoking alternatives. The stock had closed up 1.94% Friday at 4,404 pence. U.S. FDA policy changes on nicotine products and ongoing Middle East tensions are influencing market reactions. Six Democratic senators questioned BAT and Altria over lobbying and campaign donations.
Lloyds Stock Drops Under £1 as Investors Weigh Buyback, Outage and Rate Bets
Lloyds Banking Group shares closed at 99.16p on Friday, down 1.33% on the day and 2.7% for the week. The bank bought back 5 million shares on June 5 as part of a £1.75 billion programme. An IT outage on Wednesday left thousands unable to make payments. Peers Barclays and NatWest also fell Friday.
Vodafone shares muted as market waits for Monday move
Vodafone shares closed at 110.40p Friday, down 0.14% on the day and 0.9% for the week, after going ex-dividend June 4. The company will pay a final dividend of 2.3625 euro cents per share on July 30. Vodafone is set to take full control of VodafoneThree in the UK for £4.3 billion, pending regulatory approval. Analyst ratings remain mixed, with a median 12-month target price of 112.27p.
Glencore Dips on Friday, But Still Closes Week Up
Glencore shares fell 3.4% to 589.20 pence Friday in London, tracking losses in other mining stocks. Despite the drop, the stock remains up 3.8% from May 29. Operations at Glencore’s Cerrejón coal mine in Colombia remain halted due to ongoing blockades, with force majeure declared. The FTSE 100 closed up 0.07% Friday but fell for the week.
Rio Tinto shares slide, traders eye next moves
Rio Tinto shares in London fell 3.10% to 7,604p on Friday, underperforming the FTSE 100. The stock lost 4.6% over the week as iron ore prices dropped and mining peers also declined. China’s latest factory data showed mixed signals for steel demand. Rio’s first-quarter Pilbara iron ore shipments rose 2.4% year-on-year to 72.4 million tons.
HSBC Eyes Monday Rebound After China Rules Trigger Losses
HSBC shares fell 2.35% this week in London, closing Friday at 1,360.80 pence, as investors sold off Asia-exposed banks amid concerns over tighter Chinese capital controls. Hong Kong and London banks, including HSBC and Standard Chartered, dropped after reports of stricter cross-border account checks for mainland clients. Trading volume for HSBC reached 16.25 million shares. The FTSE 100 rose 0.07% Friday.
Anglo American slips in London as copper stays in focus
Anglo American shares fell 5.16% to 3,856p Friday, closing the week down 9% from a 52-week high reached June 2. The FTSE 100 edged up 0.07%, while London miners broadly declined. Copper dropped nearly 4% this week, adding pressure as traders watch Anglo’s merger plans with Teck and ongoing asset sales.
Unilever announces €1.5 billion share buyback, ahead of McCormick challenge
Unilever completed its €1.5 billion share buyback Friday, purchasing 30,703,780 shares, according to the London Stock Exchange. The stock closed at 4,188.50p, up 2.71% for the day but down 0.4% for the week. No further buybacks are planned. The company is restructuring after spinning off its ice cream unit and pursuing a merger of its Foods business with McCormick.
LSEG shares climb; key test for London market heavyweight looms this week
London Stock Exchange Group shares rose 2.42% Friday to 9,384p, capping a week of sharp swings and outperforming the FTSE 100’s 0.07% gain. The stock remains down nearly 17% over the past year, with a market cap of about £44.9 billion. LSEG has announced £5.1 billion in buybacks for 2025–26. Analyst consensus in May showed 16 buy ratings and a target price of 12,131p.
Shell Shares Watch Monday After Oil Jolt and Raizen Debt Meeting
Shell closed at 3,227.5 pence in London on Friday, with trading paused for the weekend. Raizen, part-owned by Shell, agreed to sell its Argentina downstream operations to Mercuria for $1.42 billion as creditors review a 65 billion reais debt restructuring. Oil prices fell Friday after Goldman Sachs reported weaker-than-expected global demand. Shell’s dividend currency cutoff and Raizen’s debt talks are set for Monday.
Rolls-Royce slips from 52-week high, traders look to what’s next
Rolls-Royce shares closed at 1,260p in London Friday, down 0.25% on the day and 5.8% for the week, after hitting a 52-week high of 1,420p. The company reported its Trent XWB-84 engine cut fuel use by 1.8%, exceeding targets. Rolls-Royce also announced a deal to supply four battery storage sites in Latvia for Sunly, with the first set to open in early 2027. Market value stands near £104.5 billion.