UK & AU Stock Market Today: Live Updates 06.05.2026
LIVEMarkets rolling coverageStarted: May 6, 2026, 12:00 AM EDTUpdated: May 6, 2026, 6:27 AM EDT ASX
S&P 500 and Nasdaq Hit Records on AI Chip Rally. Japan’s Holiday Market Is Next
The S&P 500 and Nasdaq closed at record highs Tuesday, driven by gains in AI chip stocks and falling oil prices. Intel surged 13% after reports of talks with Apple, while AMD
AMD Stock Jumps as AI Demand Sends Q2 Forecast Past Wall Street
AMD forecast second-quarter revenue of about $11.2 billion, beating analyst estimates. First-quarter data-center revenue jumped 57% to $5.78 billion as AI chip
Vivo X300 FE, X300 Ultra Launch Today: Zeiss Zoom Sets Up India’s Next Premium Phone Fight
Vivo will launch the X300 Ultra and X300 FE smartphones in India at noon Wednesday, marking the Ultra line’s debut in the
Vedanta Demerger Countdown: 4 New Stocks Could Trade By Mid-June As Investors Wait For Price Discovery
Vedanta Ltd will seek stock-exchange listing approval next week for four newly carved-out companies, with trading expected by mid-June, CEO Deshnee Naidoo
Airline Cancellations Hit May Travel: 2 Million Seats Cut as Jet Fuel Crisis Threatens Summer
Airlines worldwide have cut nearly 2 million seats and over 13,000 flights from May schedules, citing surging jet fuel prices and supply
Unilever Stock Drops 3% as Cost Fears Test Dove Maker’s Turnaround
Unilever shares dropped 3.23% to £42.65 in London Tuesday, closing over 23% below their 52-week high after the company signaled more price hikes amid rising costs. First-quarter underlying sales rose 3.8%, but turnover fell 3.3% to €12.6 billion due to currency headwinds. The FTSE 100 slid 1.4%, its worst day since March, as investor risk appetite weakened.
Rolls-Royce Holdings Share Price Bucks FTSE 100 Rout as 2026 Guidance Holds
Rolls-Royce shares rose 0.23% to 1,197.00p in London on Tuesday, bucking a 1.4% drop in the FTSE 100. Investors focused on the
Aviva And Legal & General Shares Slide As Jefferies Warns UK Insurer Dividend Trade Is Losing Its Edge
Jefferies downgraded Aviva to Hold and Legal & General to Underperform, citing concerns over capital returns and cash generation. Legal & General
Reliance Jamnagar Refinery Shutdown: Why India’s Fuel Supply Faces a Mid-May Test
Reliance Industries will shut a crude unit and some secondary units at its 660,000 bpd Jamnagar refinery for three to four weeks
DoorDash Just Opened Kroger Delivery to SNAP Users. Here’s What Changes
DoorDash now accepts SNAP/EBT payments for eligible grocery orders from nearly 2,700 Kroger-family stores, including Ralphs and Fred Meyer. SNAP funds cannot
Bitcoin Breaks $80,000 as CLARITY Act Deal Turns Washington Into Crypto’s Next Test
Bitcoin traded above $81,000 Tuesday, reaching $81,304 after hitting an intraday high of $81,656. The rally followed progress on the U.S. CLARITY Act, which advanced in the Senate after a compromise on stablecoin rewards. U.S. spot bitcoin ETFs saw $532 million in inflows Monday. Major banking groups continued to oppose the bill, warning of risks to lending.
HSBC Shares Tumble After Surprise $400 Million Private Credit Hit
HSBC shares dropped 5.9% in London after the bank reported a $400 million loss tied to a fraud case involving loans to Apollo-backed Atlas SP and collapsed lender Market Financial Solutions. The loss made HSBC a major drag on the FTSE 100. Regulators are scrutinizing banks’ exposure to the $3.5 trillion private credit sector. HSBC raised its 2026 net interest income guidance but increased its expected credit loss forecast.
Australia Stock Market Today: ASX 200 Falls as RBA Rate Hike Hits Banks and Miners
The S&P/ASX 200 fell 0.2% to 8,680.50 after the Reserve Bank of Australia raised rates to 4.35%, its third hike this year. Westpac dropped nearly 2% after missing first-half profit forecasts and warning on higher energy costs. Mining stocks also declined, with BHP and Rio Tinto both lower. The Australian dollar slipped 0.3% to $0.7145.
UK Stock Market Today: FTSE 100 Suffers Worst Day Since March as HSBC Shock Knocks Banks
The FTSE 100 fell 1.4% to 10,219.1 on Tuesday, its steepest drop since March, after HSBC posted a surprise $400 million loss tied to private credit exposure. Thirty-year gilt yields hit their highest since 1998 as energy prices and political uncertainty pushed borrowing costs higher. HSBC shares slid 5.9%, with other major UK banks also losing ground. Brent crude fell 3% but remained near $111 a barrel.
Carnival plc’s London Exit Hits Today as Cruise Giant Moves to One NYSE Stock
Carnival plc shares entered their final hours of London trading Tuesday as the company moves to a single New York-listed stock, following UK court approval on May 1. The London line will be disabled in CREST at 6 p.m., with trading suspended May 6 and cancelled May 7. Carnival shareholders approved the unification and redomiciliation to Bermuda last month. FTSE Russell will remove Carnival from major UK indexes starting May 6.
South Africa Diesel Price Error Cuts May Hike, But R30 Fuel Shock Remains
South Africa’s Central Energy Fund corrected a diesel pricing error Tuesday, reducing May’s wholesale diesel increase to R5.27 a litre from R6.19. Wholesale diesel still rises above R30 a litre from Wednesday, with petrol up 327 cents and a slate levy adding 122.70 cents a litre. The fuel hike follows Brent crude averaging $101 a barrel amid supply disruptions. Economists warned of rapid inflationary effects.
Utah’s VPN Age-Check Law Starts Wednesday, And Websites Face A Hard Choice
Utah’s new online age-verification law takes effect Wednesday, requiring adult-content sites to verify users’ ages even if they use VPNs to mask their location. Covered sites face fines up to $2,500 per violation and are barred from encouraging VPN use to bypass checks. Privacy advocates warn the law could force sites to block VPN traffic or expand age checks. NordVPN says full compliance is technically impossible.
Apple’s Intel And Samsung Chip Talks Reveal A Bigger iPhone Supply Problem
Apple has held early talks with Intel and Samsung about producing its main device processors in the U.S., Bloomberg reported. No chip orders have been placed. Intel shares surged over 13% Tuesday after the news. Apple cited supply limits for advanced chips as a constraint on iPhone and Mac sales.
PS Plus May 2026 Games Are Live Today: EA Sports FC 26 Leads Sony’s New Essential Drop
Sony’s May PlayStation Plus Essential games, including EA Sports FC 26, Wuchang: Fallen Feathers, and Nine Sols, are now available for subscribers following a midday update, according to GamePro. EA Sports FC 26 arrives near the end of the European football season and during EA’s Team of the Season event. Wuchang is PS5-only, while Nine Sols is offered on both PS5 and PS4. April’s titles have rotated out.
Apple’s iPhone 18 Pro Price Leak Has One Big Catch for Android Rivals
Apple may keep the iPhone 18 Pro and Pro Max starting prices at $1,099 and $1,199 in the U.S., despite rising memory chip costs, according to a Jeff Pu note cited by 9to5Mac. Reports suggest Apple could raise prices for higher-capacity models and add a 2TB Pro Max option using QLC flash memory. Dummy units indicate the iPhone 18 Pro Max camera area may be thicker than the current model.
Amazon Opens Its Logistics Machine To Everyone, And UPS And FedEx Feel The Hit
Amazon opened its logistics network to outside businesses, launching Amazon Supply Chain Services for freight, storage, fulfillment, and parcel shipping. UPS and FedEx shares fell sharply, with UPS closing down 10.47% Monday, as investors saw Amazon as a new competitor. By Tuesday morning, both stocks had rebounded about 1%. Early clients include Procter & Gamble, 3M, Lands’ End, and American Eagle Outfitters.
Palantir Stock Drops After Big Earnings Beat as Investors Find One Weak Spot
Palantir shares dropped 5.46% to $138.06 Tuesday after U.S. commercial revenue missed estimates, despite first-quarter results beating forecasts. Revenue rose 85% to $1.63 billion, with net income at $870.5 million. U.S. commercial sales reached $595 million, below the $602 million estimate, while U.S. government revenue climbed to $687 million. Palantir raised its 2026 revenue outlook to as high as $7.662 billion.
IISER Mohali Recruitment 2026: 40 Non-Teaching Jobs Open, Pune JRF Walk-In Deadline Nears
IISER Mohali is accepting online applications for 40 non-teaching posts until 5 p.m. on June 15, with roles ranging from junior assistants to engineers. Pay follows the 7th Central Pay Commission scale. Eligibility and fees differ by position. IISER Pune, meanwhile, holds a May 7 walk-in for a single Junior Research Fellow post.
Why Intel Stock Is Hitting A Record High As Apple Chip Talks Lift INTC
Intel shares surged nearly 14% Tuesday, hitting a record $110.43, after reports Apple held talks to use Intel’s U.S. factories for main processors. Trading volume topped 92 million shares. Reuters said discussions with Apple and Samsung remain exploratory, with no orders placed. Intel’s Data Center and AI revenue rose 22% to $5.1 billion last quarter, but its foundry unit posted a $2.4 billion loss.
CSG Stock Selloff: Hunterbrook Short Report Puts Europe’s Biggest Defence IPO Under Pressure
Czechoslovak Group shares fell 13.1% Monday after a short-seller report questioned its ammunition production claims, triggering the worst drop since its January Amsterdam IPO. CSG rejected the allegations, stating its 2025 own-production capacity is about 630,000 rounds and that the report misunderstood its distributed manufacturing network. Hunterbrook Media, holding a short position, alleged CSG relies more on recommissioning than disclosed.
Dow’s 557-Point Drop Leaves Japan Watching Nikkei Futures as AI Chip Rally Faces Test
The Dow opened 95 points higher Tuesday after a sharp selloff tied to Middle East tensions and AI chip trade doubts. Japan’s cash stock market remains closed for Golden Week, shifting focus to Nikkei 225 futures, which stood at 59,550 yen early Tuesday. Oil prices eased after a spike caused by an explosion on a South Korean ship in the Strait of Hormuz. U.S. chipmaker AMD is set to report earnings later Tuesday.
Gold Price Forecast: $8,000 Scenario Returns as Central Banks Keep Buying
Gold rebounded 1% to $4,566.79 an ounce Tuesday after hitting a one-month low, with spot prices still well below January’s record. World Gold Council data showed first-quarter demand by value hit a record $193 billion, despite a 23% drop in jewellery buying. Investors and central banks increased bar and coin purchases as jewellery demand weakened, with bar and coin demand up 42% to 474 tonnes.
Micron Stock Surges Again as Wall Street’s $1,000 AI Memory Bet Faces Its First Big Test
Micron Technology shares jumped over 9% early Tuesday to $629.21, lifting its market value near $718.6 billion. The company announced shipments of a 245TB solid-state drive, claiming the highest commercial capacity. Micron reported fiscal Q2 revenue of $23.86 billion, up from $8.05 billion a year earlier, and forecast Q3 revenue of $33.5 billion. Analyst Gil Luria set a $1,000 price target, citing AI-driven demand.
Coinbase Layoffs: 700 Jobs Cut as Brian Armstrong Bets on AI in Crypto Slowdown
Coinbase Global will cut about 700 jobs, or 14% of its workforce, as part of a restructuring aimed at reducing costs and adapting to artificial intelligence. The company expects $50–$60 million in charges, mostly for severance, with the plan largely done by the end of Q2. Shares rose 0.5% after the announcement. CEO Brian Armstrong cited slower trading and increased AI use as key factors.
Hochtief Stock Tops €500 as AI Data-Center Boom Sends Shares Past Analyst Targets
Hochtief shares jumped 13.1% to €517 on Tuesday, surpassing analyst targets and leading the MDAX after hitting €523 intraday. Investors are betting on Hochtief’s role in building AI data centers, with the company reporting €16.8 billion in new tech orders for 2025 and forecasting up to €1.025 billion operational net profit for 2026. Jefferies raised its price target to €480 but kept a “Hold” rating. Quarterly results are due May 11.
XRP ETF Hype Meets a Reality Check as Inflows Break Near $1.40
U.S. spot XRP ETFs saw a $35,210 outflow last week, ending three weeks of inflows totaling $82.88 million, according to SoSoValue data. XRP traded near $1.41 Tuesday with a market cap of $87.27 billion, ranking fourth among cryptocurrencies. Rakuten Wallet launched Android support for XRP on April 30. Standard Chartered cut its 2026 XRP price target to $2.80, citing weaker market conditions.
OnePlus Summer Sale Starts May 8: Full List Of OnePlus 15, OnePlus 13R And Pad 4 Deals
OnePlus will launch its Summer Sale in India at midnight on May 8, offering discounts and bank deals on phones, tablets, and earbuds across major online and offline channels. The OnePlus 13 drops to an effective Rs 57,999 after combined offers, with similar cuts on other models. India’s smartphone shipments fell 3% year-on-year in Q1, the weakest in six years. Sale prices depend on payment method, card, and stock at checkout.
Ather Energy Q4 Results: Rizta Bet Delivers ₹1,000-Crore Quarter, But Costs Loom
Ather Energy cut its March-quarter net loss to ₹100.23 crore from ₹234.36 crore a year earlier as revenue rose to ₹1,174.66 crore, driven by record deliveries of its Rizta scooter. The company sold 83,418 units in the quarter, up 76%. EBITDA margin improved to negative 2.5% from negative 23.3%. Ather shares closed at ₹937.80, up 0.41%.
Vodafone Idea Stock Jumps Again After AGR Relief: Citi’s Rs 14 Call Meets Debt Reality
Vodafone Idea shares closed at Rs 10.80 on the NSE, up 2.66%, after India’s telecom department cut its AGR dues to Rs 64,046 crore from Rs 87,695 crore. The company still faces spectrum dues of about Rs 1.25 trillion and is seeking major bank funding. Citi set a target price of Rs 14, citing reduced regulatory uncertainty.
PayPal Stock Jumps After Q1 Earnings Beat, But Weak Outlook Threatens the Rally
PayPal reported first-quarter revenue of $8.35 billion and adjusted earnings of $1.34 per share, both above analyst estimates. Shares rose 1.3% in premarket trading. The company forecast a roughly 9% drop in adjusted second-quarter profit. New CEO Enrique Lores is pursuing cost cuts, AI investment, and a three-unit reorganization.