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News Digest /
Lukas Schmidt
Author: Lukas Schmidt
06:29am, Tuesday, Jun 02, 2026
Abivax stock plunged after Phase 3 trial results showed promising efficacy for obefazimod but revealed unexpected cancer cases at higher doses, stirring investor caution despite reassurances.
06:23am, Tuesday, Jun 02, 2026
Broadcom shares jump after Alphabet reveals plans to raise $80 billion for AI expansion, including a $10B private placement led by Berkshire Hathaway, signaling strong confidence in AI infrastructure growth.
06:10am, Tuesday, Jun 02, 2026
Aluminium Bahrain (Alba) agrees to acquire Europe's largest aluminium smelter near Dunkirk for $2.2 billion, securing full ownership with state-backed Bpifrance taking a 6% stake, supported by a banking consortium.
05:57am, Tuesday, Jun 02, 2026
STMicroelectronics plans to decide on expanding its Crolles fab later this year. Current capacity supports silicon photonics through 2027, with no constraints predicted on data-center needs for the next three years.
03:45am, Tuesday, Jun 02, 2026
NewRiver REIT posted a 22% increase in underlying funds from operations for fiscal 2026, boosted by acquisition synergies, share buybacks, and strong leasing performance amid resilient retail spending.
03:41am, Tuesday, Jun 02, 2026
Chemring Group sees operating profit drop 8% in H1 2026 as strong sales growth is overshadowed by hefty spending on manufacturing expansion and margin pressures in its tech division.
03:40am, Tuesday, Jun 02, 2026
J.P. Morgan upgrades Merlin Properties with higher price target and notes significant upside in funds from operations, driven by the expanding Iberian data centre portfolio and robust rental income forecasts.
03:39am, Tuesday, Jun 02, 2026
Northern Star Resources shares jump over 13% following Elliott Investment's $715 million stake announcement, urging strategic review amid leadership changes and operational challenges.
03:38am, Tuesday, Jun 02, 2026
Bitcoin retreated to $70K after Strategy offloaded some holdings, sparking concerns amid already shaky crypto markets. Heightened uncertainty about U.S.-Iran relations added to the pressure, dragging several altcoins downward.
03:37am, Tuesday, Jun 02, 2026
Hammerson has priced a €350m 5-year bond at 3.875% coupon, extending its average debt maturity and refinancing existing sustainability-linked bonds. The company also extended revolving credit facilities, raising total undrawn funds to £613m.
08:12am, Monday, Jun 01, 2026
IBM's stock jumped 15% in premarket trading after a video of Donald Trump praising CEO Arvind Krishna circulated widely on social media, boosting market interest amid recent gains in tech stocks like Dell.
08:03am, Monday, Jun 01, 2026
Tesla's new car registrations in Europe shot up significantly in May, with notable gains in Sweden, Denmark, Spain, and France amid rising electric vehicle adoption across the continent.
07:40am, Monday, Jun 01, 2026
BYD breaks an eight-month streak of declining vehicle sales, driven by a sharp 80% jump in overseas deliveries despite challenging conditions at home and heightened global competition.
04:43am, Monday, Jun 01, 2026
Japan's capital expenditure growth stalled in Q1 due to Middle East conflict impacts, stirring concerns of a GDP downgrade. Manufacturing slowed; government pushes for investment amid global volatility.
