News 8 June 2026

Etihad Orders 10 Boeing Jets, Raising Talk of Hard-to-Get 787 Slots
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Stock Market Today: Live Updates 11.07.2026

LIVEMarkets rolling coverageStarted: July 11, 2026, 4:00 AM EDTUpdated: July 11, 2026, 4:48 PM EDT Australian House Prices Tipped to Drop, But Buying Still Tough July 11, 2026, 4:18 PM EDT. Australian house prices are up more than 400% since 2000, pushing average home values above $1 million. Now, forecasts see a 5-10% price drop, one of the sharpest corrections in years, but analysts say this won’t truly make homes more affordable. Free Sobolewski’s story-from saving as a kid to struggling to buy near Brisbane-shows how tough things still are for younger buyers. Experts warn the property market is still
July 11, 2026
Transurban Shares Close in on High Again as Investors Wait for ASX Reopen
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Transurban Shares Close in on High Again as Investors Wait for ASX Reopen

Transurban Group shares are set to open on Tuesday close to a 52-week high. The toll-road operator ended higher on Friday, while the broader Australian market dropped before the exchange closed for the King’s Birthday holiday. This matters with the cash-market price still stuck on Friday’s close. Regular trading at the ASX starts just before 10 a.m. Sydney, setting up the first post-holiday read on whether investors will keep putting money into defensive infrastructure income stocks.
June 8, 2026
Microsoft Lags as Wall Street Bets on AI Bounce
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Microsoft Lags as Wall Street Bets on AI Bounce

Microsoft shares slipped around 1% Monday afternoon, lagging behind a bounce in tech stocks. The software giant traded at $412.60, off $4.07, and moved between $408.60 and $416.99, making it one of the session’s underperformers. Microsoft is still a top way for Wall Street to bet on AI. Azure keeps showing strong growth, but investors are looking for signs the big bills for chips and data centers will start to deliver returns. Tech shares jumped Monday, with the S&P 500 tech sector gaining 1.8%, and the Philadelphia Semiconductor Index up 6.2%, according to Reuters. Rick Meckler at Cherry Lane Investments called it “bargain hunting” after Friday’s drop, though he said the market had been “priced for perfection” despite “imperfect times.”
June 8, 2026
Woodside Energy Stock Faces Crucial ASX Reopen as Oil Shock Tests WDS Shares
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Woodside Energy Stock Faces Crucial ASX Reopen as Oil Shock Tests WDS Shares

Woodside Energy Group’s Australian shares head into Tuesday’s reopen with a firmer offshore lead, after the ASX closed Monday for the King’s Birthday holiday and the company’s New York-listed stock rose while oil prices swung on Middle East headlines. The pause matters because local investors have had no cash-market trade since Friday. ASX’s 2026 calendar marks Monday, June 8, as a closed, non-settlement day, leaving Woodside’s last local print at A$30.91 at Friday’s close.
June 8, 2026
Amazon Shares: Corning Deal Puts Focus on AI Spending
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Amazon Shares: Corning Deal Puts Focus on AI Spending

Amazon.com traded lower Monday after shedding early gains, as a fresh multibillion-dollar deal with Corning threw the spotlight on the costs behind its AI data-center push. Shares were last down 0.6% at $244.50. Corning was up 6.3%. Amazon is under pressure to show that more spending on AI hardware will drive growth at its cloud arm, Amazon Web Services, instead of just slowing cash flow. Optical fiber is key to this effort. The thin glass wires shuttle data at high speed, linking chips, servers and sites inside Amazon’s expanding data center network.
June 8, 2026
Apple Shares Slip Ahead of Siri WWDC Update
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Apple Shares Slip Ahead of Siri WWDC Update

Apple shares slipped on Monday as the company showed off an artificial-intelligence update for Siri at its Worldwide Developers Conference, after months of investor anticipation. The stock didn’t move much after the announcement of the AI feature investors had been watching for. The stock traded down 1.2% at $303.51 during the afternoon, with shares moving between $302.73 and $317.21. Volume stood at roughly 50.5 million shares.
June 8, 2026
Google Falls in New York; AI Chip Warning Looms Larger Than Regulatory Hurdle
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Google Falls in New York; AI Chip Warning Looms Larger Than Regulatory Hurdle

Alphabet Inc Class A shares fell on Monday afternoon, while Intel jumped after news Google would use Intel to make new AI chips. Alphabet dropped 1.2% to $363.97. Intel was up almost 13% at $112.06, latest data showed. Investors seem divided on Google’s AI push. The market rewards demand, but cuts the stock when that demand also means big spending, more shares, or a longer wait.
June 8, 2026
Telstra Stock Has Lost Its Safety Net. Tuesday’s Open Will Show If Buyers Care
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Telstra Stock Has Lost Its Safety Net. Tuesday’s Open Will Show If Buyers Care

Telstra Group Limited shares are set to resume trading on Tuesday after a long weekend with one fresh test: whether the stock can steady now that a A$1.25 billion buyback has ended. The shares last closed at A$4.97 on Friday, down 4.61% from A$5.21 seven days earlier, after trading as low as A$4.89 in the session. The timing matters. ASX’s cash market was closed on Monday for the King’s Birthday holiday, with no trading or settlement activity, so investors have not yet had a full session to price the end of Telstra’s buying support after the extended break.
June 8, 2026
Goodman Group’s AI Bet Faces an ASX Reality Check After Stock Slips
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Goodman Group’s AI Bet Faces an ASX Reality Check After Stock Slips

Goodman Group shares head into Tuesday’s ASX restart at A$31.10, after a soft finish before the long weekend left investors weighing its fast-growing data-centre pipeline against delivery and funding risk. The stock last closed down 0.38%, according to the ASX company page. The timing matters. There was no Monday cash-market trading to reset the price, with the ASX listing King’s Birthday on June 8 as a closed, no-settlement session.
June 8, 2026
Northern Star’s Elliott-fueled run comes up against post-holiday session
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Northern Star’s Elliott-fueled run comes up against post-holiday session

Northern Star Resources heads into Tuesday trading still coming off its Elliott-driven run. The shares finished at A$19.88 on Friday, falling 2.5%. ASX stays shut Monday for the King’s Birthday—June 8 is listed as a holiday on the exchange’s 2026 calendar. Ahead of the next trade, investors are watching to see if Northern Star is still in play as a sale target, or if the story now is just a gold miner with production misses, cost issues, and an unfinished CEO search. Shares ended last week under A$20.
June 8, 2026
Wesfarmers shares up for a short-week check with Bunnings in focus
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Wesfarmers shares up for a short-week check with Bunnings in focus

Wesfarmers shares will face trading on Tuesday as the Australian Securities Exchange reopens, with the market watching a strategy update mid-week. Investors are looking for details on the company’s plan to put its Blackwoods and Workwear Group operations under the Bunnings banner. ASX cash market didn’t trade Monday because of the King’s Birthday holiday, so Friday’s A$78.93 is still the last close ahead of the short week. No settlement on Monday. The equity market starts pre-open at 7:00 a.m. Sydney and regular trade begins around 10:00 a.m.
June 8, 2026
Macquarie Set for Tuesday Session After ASX Holiday
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Macquarie Set for Tuesday Session After ASX Holiday

Macquarie Group shares remain priced at Friday’s close going into Tuesday, as the Australian Securities Exchange was shut Monday for the King’s Birthday. The ASX cash market hasn’t started normal trading for the week, with its main session—where buy and sell orders get matched—set from around 09:59:45 to 16:00 in Sydney. Macquarie shares started trading Tuesday with a backlog after being closed as several news items broke. Reports on a commodities deal, involvement in a big U.S. IPO, and questions about audit links all hit during the long weekend. The first trades on Tuesday had to catch up.
June 8, 2026
Megaport Shares Head Into Key Week as AI Cloud Move Lifts ASX
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Megaport Shares Head Into Key Week as AI Cloud Move Lifts ASX

Megaport Ltd is set to open on Tuesday at the ASX after closing out last week with an 11.26% gain to A$18.48. Shares jumped on Friday, ahead of the King’s Birthday break. That move came as the S&P/ASX 200 dropped 0.70% to 8,625.10. Megaport’s rise caught attention in a weak market. The stock didn’t trade on Monday. The ASX marks June 8 as a King’s Birthday holiday in its 2026 calendar, closing the cash market with no settlement. ASX cash markets usually trade from just before 10 a.m. to 4 p.m. in Sydney.
June 8, 2026
CSL jumps 5.75% before ASX to restart after King’s Birthday break
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CSL jumps 5.75% before ASX to restart after King’s Birthday break

CSL Limited will resume trading on the ASX on Tuesday, with Friday’s jump to A$97.91 the most recent close. Shares climbed A$5.32, or 5.75%, in that session. The market was closed Monday for the King’s Birthday holiday—ASX listed June 8 as a non-settlement day. CSL’s bounce stood out as the S&P/ASX 200 dropped 0.7% to 8,625.10 on Friday and lost 1.2% this week. Banks and miners drove most of the losses for Australia’s main large-cap index.
June 8, 2026
ASX Opens as Banks, Miners and Oil on Radar for Next Moves
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ASX Opens as Banks, Miners and Oil on Radar for Next Moves

ASX eyes muted open as miners, banks slip before long weekend Australian stocks are expected to open cautiously Tuesday, with S&P/ASX 200 futures held down by Friday’s 0.7% drop to 8,625.10 and weak trading in banks and miners. The ASX cash market didn’t trade on Monday because of the King’s Birthday holiday. Regular trading is set to start around 10 a.m. Sydney time. ASX traders come back after missing Monday’s overseas action. U.S. stocks climbed Monday, led by a rebound in chip stocks after last week’s drop. Some signs that Middle East tensions eased also helped, leaving Australians returning to a stronger offshore lead than they had before the market closed on Friday.
June 8, 2026
ANZ in Focus as Rate Bets Meet Holiday Lull
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ANZ in Focus as Rate Bets Meet Holiday Lull

ANZ Group Holdings shares are set to resume trading after the long weekend. The stock last finished at A$34.12, losing 1.04% on Friday and down 3.1% from the Friday before. ASX cash equities reopen Tuesday after the King’s Birthday break, with investors facing three live drivers: Friday’s bank slide, cuts to fixed-rate mortgages from ANZ, and the Reserve Bank meeting coming up in a week. Normal ASX hours are just before 10 a.m. until 4 p.m. in Sydney, the exchange says.
June 8, 2026
FTSE 100 Steady As Tate & Lyle’s $3.6 Billion Deal Drives Action In London
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FTSE 100 Steady As Tate & Lyle’s $3.6 Billion Deal Drives Action In London

FTSE 100 closed Monday little changed after making up early losses. Oil prices dropped, which cooled selling tied to the Middle East. Tate & Lyle jumped in London after a buyout offer. FTSE 100 ekes out gain, FTSE 250 slips The blue-chip index ended up 0.05% at 10,373.20 after earlier falling as much as 0.5%. The FTSE 250, which tracks smaller UK-focused companies, lost 0.2%.
June 8, 2026
Pilbara Minerals Pauses for Holiday With Eyes on Lithium Move
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Pilbara Minerals Pauses for Holiday With Eyes on Lithium Move

PLS Group shares look set for more pressure when trading resumes on Tuesday after falling 3.745% to A$5.910 at Friday’s close, slipping A$0.229 before the King’s Birthday holiday. The ASX cash market was shut on Monday for the public holiday. PLS, once called Pilbara Minerals, wants to prove it’s more than just a lithium ore miner. On Friday, it opened what the company says is Australia’s first mine-site lithium mid-stream processing plant at Pilgangoora, Western Australia. The plant will process mined material into a higher-value intermediate product, instead of just shipping ore, before battery chemicals are made.
June 8, 2026
NAB Shares to Watch on Tuesday After Holiday Break and Slump
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NAB Shares to Watch on Tuesday After Holiday Break and Slump

NAB stock is set to trade again Tuesday after the holiday, with shares last at A$36.59, just above the 52-week low of A$36.03, according to Google Finance. The bank closed down 1.13% on Friday. Investors are watching to see if last week's sell-off is over. Timing is key here. ASX trading was shut on Monday for the King’s Birthday, leaving Friday’s close as the most recent read on the bank. Regular ASX hours stretch from 9:59:45 a.m. through 4:00 p.m. Sydney time. That means the first price action post-holiday comes at the Tuesday open.
June 8, 2026
Westpac Shares Pause for Holiday, All Focus on Tuesday Reopen
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Westpac Shares Pause for Holiday, All Focus on Tuesday Reopen

Westpac Banking Corp is set to open lower Tuesday after the holiday break, with shares last trading at A$34.81. Investors are considering a weak showing from Australian bank stocks and Westpac’s latest regional banking plans. The ASX was shut Monday for the King’s Birthday, so Friday’s close is the most recent price. Westpac dropped 3.31% in the last seven days to its most recent close. The S&P/ASX 200, which tracks big Australian stocks, finished Friday at 8,625.12, down 0.70%.
June 8, 2026
CBA Shares Set for Tuesday Trading After Long Weekend, Housing Moves
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CBA Shares Set for Tuesday Trading After Long Weekend, Housing Moves

Commonwealth Bank of Australia will return to trading on Tuesday after closing at A$160.90 on Friday, off 1.73%. The ASX cash market was shut Monday for the King’s Birthday. The stock is still a key gauge for local banks with trading back on. The timing is key. CBA is the biggest bank in Australia and a leading stock for local investors, so a weak move in the bank’s shares can drag down the wider market. That’s especially the case when rates are up, housing looks shaky and credit growth is cooling.
June 8, 2026
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