UK & AU Stock Market Today: Live Updates 09.05.2026
LIVEMarkets rolling coverageStarted: May 9, 2026, 12:00 AM EDTUpdated: May 9, 2026, 6:03 AM EDT How
NAB Profit Miss Shows Why Australia’s Business Lending Boom Is Suddenly Under Pressure
National Australia Bank shares fell 2.91% to A$38.36 after reporting half-year cash earnings of A$2.64 billion, missing estimates. The bank booked a A$706 million credit impairment charge, including A$300 million for potential
Saipem Stock Pullback Tests a 108% Comeback as Analysts Still See Upside
Saipem shares fell 0.69% to 4.304 euros in Milan Friday, after a 4.18% drop the previous session, despite a 95% gain over
S&P 500 Hits Record High as AI Stocks and Jobs Data Overpower Oil Fears
The S&P 500 closed at 7,398.93 and the Nasdaq at 26,247.08, both record highs, after chip stocks surged and April nonfarm payrolls
Commerzbank’s 3,000-Job Cut Bet Could Decide the UniCredit Takeover Fight
Commerzbank will cut up to 3,000 more jobs and raised profit targets for 2026 and 2030 as it resists UniCredit’s takeover bid.
Elon Musk’s SpaceX Is Now Powering Claude After Anthropic’s 80-Fold AI Surge
Anthropic has leased all computing capacity at SpaceX’s Colossus 1 data center in Memphis, securing access to over 220,000 Nvidia GPUs and
Palantir’s AI Sales Surge, But the Stock’s Bigger Test Is Still Ahead
Palantir reported an 85% jump in first-quarter revenue to $1.63 billion, driven by surging U.S. government and commercial demand. Net income rose to $870.5 million from $214 million a year earlier. The company raised its 2026 revenue forecast to as much as $7.662 billion. Shares closed at $137.46 Friday, little changed after a volatile week.
Apple Mother’s Day Sale Joins Flipkart and Amazon Rush: iPhone, MacBook Discounts to Watch
Apple launched a Mother’s Day cashback offer of up to ₹10,000 on select products in India, coinciding with Amazon’s Great Summer Sale
Discord Down Today: API Errors Hit Logins and Messages as Users Report Outage
Discord reported increased API errors Friday, leaving some users unable to log in or send messages. The company’s status page listed the
Intertek Rejects EQT’s $12 Billion Takeover Bid—Now the Clock Is Ticking
Intertek Group rejected EQT’s £8.93 billion takeover bid, saying the £58-a-share cash offer undervalued the company and was too conditional. EQT must
Polestar Q1 Loss Blowout: Record EV Sales Still Leave $383 Million Hole
Polestar’s net loss more than doubled to $383 million in Q1 as tariffs, price cuts, and currency shifts hit margins, despite record
KPIT Founder Ravi Pandit Dies In Pune — Why The Auto-Software Firm Is Now In Focus
KPIT Technologies founder and chairman S.B. (Ravi) Pandit died in Pune on Friday, the company said in a regulatory filing. The cause of death was not disclosed and no successor was named. KPIT reported Q4FY26 revenue of $185 million and $349 million in new deals, but shares had fallen the previous day after a 33% drop in quarterly profit. Markets were closed at the time of the announcement.
National Grid’s New 2026 Grid Map Puts £70 Billion Upgrade Plan Under Fresh Investor Pressure
National Grid’s distribution arm published its 2026 Network Development Plan, outlining where local grid upgrades may be needed over the next decade. The release comes ahead of full-year results and after JPMorgan cut its price target to 1,440 pence. Shares rose 0.41% to 1,278.60 pence on Friday. Investors remain focused on U.S. storm costs, refund charges, and UK grid spending.
Rocket Lab Stock (RKLB) Surges After Record Q1 Revenue, Biggest Launch Deal And U.S. Defense Wins
Rocket Lab shares jumped 28% to $100.78 after reporting record quarterly revenue of $200.3 million and a narrowed net loss of $45 million. The company disclosed a $2.2 billion backlog and signed its largest launch contract to date, including five Neutron and three Electron launches. Rocket Lab also won a $30 million hypersonic test launch deal from Anduril and was selected for a U.S. Space Force missile-defense project.
Apple-Intel Chip Deal Could Break TSMC Grip As Intel Stock Surges
Intel has reached a preliminary deal to manufacture some chips for Apple, the Wall Street Journal reported Friday. Intel shares rose nearly 15% on the news, while Apple gained about 1.7%. The agreement offers Apple a potential U.S. manufacturing option beyond TSMC. Details on which Apple products would use Intel-made chips remain unclear.
Xbox Project Helix Update Coming This Year as PS6 Price Doubts Shake Console Race
Microsoft said it will share more details on Project Helix, its next-generation Xbox console, later this year after a developer event offered no new information. Rising memory-chip prices are pressuring console makers, with Sony and Nintendo also affected. Project Helix will use a custom AMD chip and is designed for both Xbox and PC games. Microsoft has not announced a launch date or price.
Australia Stock Market Today: ASX’s $50 Billion Wipeout Hits Banks as Oil Risk Returns
Australian shares posted their steepest one-day drop in seven weeks Friday, with the S&P/ASX 200 falling 1.51% to 8,744.4 after renewed U.S.-Iran fighting. Financials slid 2.25%, and the market saw a near-$50 billion loss. Macquarie Group’s profit jumped 30%, but its shares retreated after hitting a record. Tabcorp shares plunged 28% following AUSTRAC’s anti-money-laundering probe.
UK Stock Market Today: FTSE 100 Slides Again as Gulf Flare-Up and Election Losses Hit London Shares
The FTSE 100 closed down 0.4% at 10,233.07, its third weekly drop, as Gulf tensions and Labour’s heavy local election losses hit sentiment. IAG fell 2.8% after warning on profit due to higher fuel costs, while Intertek dropped 2.7% after rejecting a takeover bid. BT rose 6.6% on positive broker calls. Oil traded above $100 a barrel.
Rolls-Royce Stock Faces a New Test as Hybrid Mining Push Moves Beyond Jet Engines
Rolls-Royce will start field tests of a hybrid drive system for mining trucks in autumn 2026, aiming to cut fuel use and emissions by up to 30%. Power Systems order intake jumped about 50% in Q1, with a £7.3 billion backlog at March’s end. Shares closed at 1,218.26p Friday, down 3.24% after a volatile week. The company kept its 2026 profit guidance unchanged despite Middle East-related disruptions.
Alphabet’s AI Boom Puts Nvidia’s $5 Trillion Market-Cap Crown In Play
Nvidia shares rose 2.3% to $216.45 midday Friday, valuing the company at $5.30 trillion and keeping it ahead of Alphabet, which gained 0.2% to $398.85 for a $4.83 trillion valuation. Alphabet’s Google Cloud revenue jumped 63% to $20 billion in the first quarter, with CEO Sundar Pichai citing enterprise AI as its main growth driver. Alphabet began selling its own AI chips but continues to use Nvidia GPUs.
SanDisk Stock Nears $1,500 As Analysts Reprice The AI Memory Boom
SanDisk shares surged nearly 12% Friday, hitting $1,498.30 and valuing the company at about $235 billion, after analysts raised targets on booming AI-driven storage demand. The company reported Q3 revenue up 251% to $5.95 billion and signed multi-year supply deals worth at least $42 billion. Wall Street targets now range from $1,000 to $1,800. SanDisk forecasts Q4 revenue of $7.75–$8.25 billion.
Brookfield Infrastructure’s Nearly 5% Yield Triggers a New Fight Over AI Growth and Valuation
Brookfield Infrastructure Partners reported a first-quarter net loss of $61 million, despite a 10% rise in funds from operations to $709 million. The company’s $1.82 annual payout yields about 4.9% with shares at $36.83. Its data segment’s FFO jumped 46% to $149 million, boosted by acquisitions and data center growth. The next distribution of 45.5 cents a unit is payable June 30.
Nvidia Stock Climbs Again as AI Factory Deals Put the Chip Rally Back in Play
Nvidia shares climbed 1.9% to $215.46 in early Friday trading after announcing AI-infrastructure deals with Corning and IREN. Nvidia agreed to invest up to $2.1 billion in IREN and made a multi-billion-dollar prepayment to Corning for new factories. Corning raised its long-term sales targets. The S&P 500 and Nasdaq hit record highs, with Nvidia among the leaders.
Former WHSmith Chain TG Jones Faces July Administration Deadline as 150 Stores Could Shut
TG Jones, formerly WHSmith’s high street chain, warned lenders it could enter administration by July 31 if creditors and the High Court reject its restructuring plan, which may close up to 150 shops. The plan, backed by Modella Capital and over £35 million in support, faces a creditor vote and court hearing on June 29. Eight stores will shut immediately, with 100–150 closures possible. The retailer reported an £18.6 million loss since September.
Huawei’s €299 Watch Fit 5 Pro Lands in Germany as a Garmin Rival With One Clear Catch
Huawei’s Watch Fit 5 Pro went on sale in Germany on May 7 for 299 euros, offering a 1.92-inch AMOLED display, ECG, and advanced sports tracking. The standard Watch Fit 5 is priced at 199 euros. Huawei also unveiled the 3,799-euro Watch Ultimate Design Spring Edition with 99 diamonds, but did not confirm a Germany launch date.
Bank of Baroda Q4 Result: ₹5,616 Crore Profit, ₹8.50 Dividend — Why Shares Still Fell
Bank of Baroda posted an 11.2% rise in March-quarter net profit to Rs 5,616 crore, beating analyst estimates, and recommended a dividend of Rs 8.50 per share. Full-year profit reached a record Rs 20,021 crore. Asset quality improved, with gross NPAs falling to 1.89%. Shares closed down 2.39% at Rs 263.90 on the NSE despite the record results.
Chery’s Six-Brand SUV Blitz Has One Big Risk As Audi-Look Arrizo S Shows Its Next Move
Chery defended plans to launch six SUV brands in Australia, aiming to target distinct buyer groups as exports hit a record 177,573 units in April, up 108% year-on-year. The company will add Lepas, iCaur, and Freelander to its current Chery, Omoda, and Jaecoo marques by 2027. Chery also unveiled the Arrizo S sedan, set for a late 2026 launch.
BP’s June Shake-Up Gives Meg O’Neill’s Oil-and-Gas Reset Its First Real Test
Morrisons was fined £737,000, with costs and a surcharge pushing the total above £750,000, after admitting food hygiene offences at its Cwmbran store. Inspectors found dirty equipment, poor cleanliness, and failures in food safety controls in the bakery. The store’s bakery was closed for a deep clean and later improved its hygiene rating. The fine was reduced from £1.1 million due to an early guilty plea.
Boeing F-47 Puts Japan’s GCAP Sixth-Generation Fighter Plan Under Fresh Pressure
U.S. Air Force plans show F-47 research funding rising to over $5 billion in 2027 and nearly $5.3 billion in 2028. Japan’s Ministry of Defense says the Mitsubishi F-2 will retire around 2035, putting pressure on the joint GCAP fighter program with Britain and Italy. Delays in GCAP funding have kept U.S.-built options like the F-35 and F-47 under consideration in Tokyo.
TotalEnergies Opens 400-kW Berlin EV Hub as Germany’s Charging Race Speeds Up
TotalEnergies opened an 18-point ultra-fast EV charging hub near Berlin Central Station, offering 400-kilowatt renewable-powered chargers. Germany counted 51,253 fast-charging points as of April 1, while battery-electric car registrations jumped 41% in April to 64,350. EnBW and public programs are expanding fast-charging networks, intensifying competition in urban and highway locations.
Tokyo Kiraboshi Ends ¥40 Billion New Bank Tokyo Bailout Shadow; Stock Sale Test Looms
Tokyo Kiraboshi Financial Group will buy back and cancel all 2 million Class II preferred shares held by the Tokyo Metropolitan Government for ¥40 billion on May 25, ending a public-funds overhang tied to former ShinGinko Tokyo two years ahead of schedule. Shares closed down 5.2%. The board approved the move Friday. A separate Sumitomo Mitsui Trust Bank share sale is pending.
Deutz-Fahr Shake-Up: Germany Sales Chief Out After Eight Months, Sapio Takes Control
SDF Group has appointed Alessandro Sapio to lead marketing, sales, and after-sales at Same Deutz-Fahr Deutschland after Stephan Formica’s sudden exit as Chief Commercial Officer. Sapio, already COO, now oversees all German operations from Lauingen. The change comes as German tractor registrations fell over 12% in 2025, with Deutz-Fahr ranking fourth in the market. No reason was given for Formica’s departure.
Lidl Loyalty Scheme Backlash: Shoppers Say New Points Don’t Add Up
Lidl has replaced its Coupon Plus scheme with Lidl Plus Points, moving to an app-based system where shoppers earn one point per £1 spent. Some customers say the new rewards require much higher spending for similar perks, with MoneySavingExpert citing a £70 spend now needed for a free bakery item once earned after £10. Lidl says bonus campaigns will increase value. The change took effect this week.
Why Sensex Fell 516 Points Today: Oil Shock Pushes Nifty Below 24,200
The Sensex fell 516.33 points to 77,328.19 and the Nifty 50 closed below 24,200 on Friday as renewed U.S.-Iran fighting sent Brent crude above $100 a barrel. State Bank of India shares dropped up to 7.43% after missing profit estimates. The rupee ended 23 paise lower at 94.48 per dollar. Foreign investors sold 340.89 crore rupees in equities on Thursday.
Cloudflare’s 1,100 Job Cuts Show How Fast AI Is Rewriting Tech Work
Cloudflare will cut over 1,100 jobs, about 20% of its staff, as it reorganizes around agentic AI. Shares fell 19% in extended trading after the announcement, despite first-quarter revenue rising 34% to $639.8 million and adjusted earnings beating estimates. The company expects up to $150 million in restructuring charges, mostly in Q2. Departing employees will receive pay through 2026 and extended healthcare.
Why Nintendo’s Switch 2 Price Hike Is Hitting Now
Nintendo will raise Switch 2 prices in Japan, the U.S., and Europe, citing higher component costs and tariffs. The Japanese price increases to 59,980 yen on May 25; the U.S. price rises to $499.99 on Sept. 1. Nintendo forecasts Switch 2 sales to fall to 16.5 million units this year, down from 19.86 million. Net profit for the last fiscal year rose 52% to 424.1 billion yen.