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As the rally in AI stocks fades, investors were cautious at the open on Friday, with European markets opening to mixed sentiment following steep falls in Asian markets.

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Indices in London and Frankfurt quickly moved into negative territory, with the FTSE 100 dropping nearly 0.4% and the DAX losing 0.3% right after the opening. The Paris CAC 40 and the IBEX 35 in Madrid were both up 0.3%, while Milan’s main index was flat. So was the EURO STOXX 50, a benchmark index of 50 blue-chip companies from the eurozone.

Investors are awaiting the latest US non-farm payrolls report and keeping an eye on developments in the Middle East.

The US job data is important for forecasting what the Fed’s next move could be. Kathleen Brooks, research director at XTB, said in a market note, “There is now a near 40% chance of a rate hike by year-end. We expect financial markets to be extremely sensitive to today’s data,” adding that this will be the first such report with Kevin Warsh as chairman of the Federal Reserve.

In the UK, the latest data from Halifax showed that house prices unexpectedly declined in May. House prices fell 0.1% month on month, but were still up 0.5% year on year, missing expectations for a 1% jump.

Oil markets are awaiting further direction

Oil prices stabilised after falling on Thursday. Brent crude, the international benchmark, was slightly down and traded at $94.73 per barrel at 10:00 CET. It had been trading at about $70 per barrel before the start of the war in late February.

Benchmark US crude was little changed at $92.51 a barrel.

Oil prices remain under pressure as the Strait of Hormuz, a narrow waterway crucial for global oil and natural gas transport, remains effectively closed, and the war-induced energy shock is threatening to slow economic growth and fuel inflation in many countries.

American and Iranian negotiators reached a tentative deal last week to extend their ceasefire, but the agreement has not been finalised. Meanwhile, developments in Lebanon have cast doubt on the prospects for a permanent end to the conflict.

On Thursday, the Iran-backed Lebanese militant group Hezbollah rejected the latest ceasefire agreement between the Lebanese and Israeli governments.

“While there are few signs of progress in US-Iran talks, the oil market continues to trade on expectations of an imminent deal that would resume flows through the Strait of Hormuz,” ING commodities strategists Warren Patterson and Ewa Manthey wrote in a report.

Asian markets lose steam as AI craze cools

Wall Street rallied on Thursday after falling oil prices and bond yields eased pressure on US stocks. Banks, small-cap companies and other stocks that had previously been left behind by the euphoria around artificial intelligence led the gains.

Banks also helped lead the market, including gains of 5% for Goldman Sachs, 4.7% for Fifth Third Bancorp and 4.4% for U.S. Bancorp.

They helped to more than make up for losses among some AI stocks, which took a sudden back seat after dominating the market. Analysts have been saying AI stocks may have run too high, becoming too expensive, and that the broader US stock market may be set for a slowdown following an unrelenting streak of nine straight winning weeks for the S&P 500, its longest since 2023.

On Wall Street on Thursday, computer chipmaker Broadcom’s shares sank 12.6% after it issued guidance that fell short of investors’ expectations, raising concerns about the wider AI and technology sector.

US memory chip maker Micron Technology dropped 7.7%, and cybersecurity company CrowdStrike Holdings fell 3.8%.

Still, the benchmark S&P 500 climbed 0.4%, and the Dow Jones Industrial Average gained 1.7% to a record high. The tech-heavy Nasdaq Composite edged 0.1% lower.

But in Asia, investors dumped key AI-related shares, with South Korea’s SK Hynix plunging 8.6% and Samsung Electronics shedding 5.4%.

The Kospi dropped 5.1% to 8,199.44. The index has roughly doubled over the past year, lifted by gains in major technology companies.

Japan’s Nikkei 225 slipped 1.3% to 66,573.85, with technology shares leading the decline, even as official data showed that Japan’s real wages rose for the fourth consecutive month. Chip equipment maker Tokyo Electron’s shares fell 7%.

Hong Kong’s Hang Seng declined 1.2% to 24,948.96, while the Shanghai Composite Index fell 0.3% to 4,045.45.

Australia’s S&P/ASX 200 fell 0.7% to 8,623.50.

Taiwan’s Taiex gave up 1.3%, while India’s Sensex was up 0.1%.

In other trading early on Friday, the US dollar fell to 159.96 Japanese yen from 160.03 yen. The euro was trading at $1.1635, up 0.2%. Gold prices were down 0.3%, trading at around $4,490.70.

Wales’ preparations for Friday’s Women’s World Cup qualifier in Montenegro have been badly disrupted after the team flight was forced to divert to Italy due to bad weather.

Rhian Wilkinson’s squad took off from Cardiff at 16:30 BST on Wednesday and had been due to arrive in Montenegro around three hours later.

However, they were unable to land in Podgorica due to electrical storms around the Montenegrin capital and eventually diverted to the Italian port city of Brindisi.

After more than three hours on the tarmac in southern Italy, during which Wales had hoped weather conditions would ease, the decision was taken to stay in Brindisi on Wednesday night.

That left Football Association of Wales (FAW) officials scrambling to secure hotel rooms for the travelling party, as well as trying to arrange travel plans for Thursday.

“Due to storms in Podgorica, the Cymru women’s national team flight was diverted this evening, landing safely in Brindisi airport in south Italy,” the FAW said on social media.

“The team will stay overnight in Italy and will arrange alternative travel to Montenegro ahead of Friday evening’s match.”

Wales take on Montenegro in Podgorica in their penultimate Group B1 fixture at 17:00 BST on Friday.

They then host Czech Republic, their rivals to finish top of the group, in their final fixture in Cardiff on Tuesday.

A major airline is cutting complimentary meals offered to passengers on flights with the introduction of a chef curated menu that has to be pre ordered ahead of takeoff

A major airline has announced a new in flight charge that will impact passengers from July, with meals no longer being complimentary.

Hawaiian Airlines services included the free perk of meals when flying between Hawaii and the US mainland.

However, in a recent announcement the airline stated that passengers will not longer automatically receive complimentary meals.

Travellers will now have to purchase pre-ordered dishes from a new menu, between two weeks before departure and 20 hours ahead of takeoff.

Prices are expected to range from about $10 (£7.45) to $17 (approx £12.66) per meal.

However, according to the airline, flights between Honolulu and New York’s John F. Kennedy International Airport, will continue to include a complimentary meal for Main Cabin passengers.

The menu has been curated by Maui-based chef Sheldon Simeon, who developed a menu featuring elevated local favourites including crispy mochiko chicken with garlic noodles, barbecue teriyaki chicken bento, and corned beef hash with eggs.

Passengers will also be able to try signature dishes inspired by Simeon’s restaurants including his popular K mayo, teriyaki sauce, and banana bread syrup.

“At the heart of this transformation is what has always defined Hawaiian Airlines: authentic Hawaiian hospitality,” Alisa Onishi, the Managing Director of Hawai‘i Marketing at Hawaiian Airlines, said in a statement.

“We’re still going to keep the authentic parts of our hospitality, free beverages, free local snacks, (and) the sweet treat at the end of the flight. We’re really proud to offer this new option in our main cabin for our guests to explore and enjoy a little more from our island home.”

The airline added: “By moving to a pre-order model, we’re expanding beyond a single standard meal to offer a broader menu that reflects how our guests want to dine today.”

Business Class and First Class menus are also being revamped, with complimentary snacks remaining available on flights.

Benchmark Nikkei 225 tops 68,000 for first time as AI-driven buying frenzy shows no signs of slowing down.

Japan’s stock market has hit an all-time high as a global buying frenzy driven by AI shows no signs of slowing down.

The Nikkei 225 rose nearly 3 percent on Wednesday, lifting the benchmark index above 68,000 for the first time.

The latest surge continues a banner year for Japan’s stock market, which is up nearly 33 percent so far in 2026.

“Investor enthusiasm over the AI boom is helping drive Asian equity markets higher,” Khoon Goh, head of Asia research at ANZ, told Al Jazeera.

“While strong demand for high-end chips has seen the top semiconductor companies in Taiwan and South Korea rally strongly, this is also benefiting Japanese markets, which are also getting some tailwind from a weak yen.”

Japanese firms involved in the semiconductor business led the gains.

Tokyo Electron, Japan’s largest manufacturer of semiconductor equipment, soared as much as 14 percent in morning trading.

Advantest, which supplies testing equipment to the semiconductor industry, rose more than 5.5 percent.

Shin-Etsu Chemical, a supplier of silicon wafers used in integrated circuits, gained about 4 percent.

Softbank, which is heavily invested in AI models, chips and data centers, fell about 3 percent, after overtaking auto giant Toyota on Monday to become Japan’s biggest company by market capitalisation.

Ferocious demand for AI chips has been driving record-breaking rallies in stock markets across the globe, taking key indexes in the US, Japan, South Korea, Taiwan to record highs.

During the past month, three memory chip makers – South Korea’s SK Hynix and Samsung Electronics, and US-based Micron – entered the elite club of firms with a market capitalistion of at least $1 trillion.

Only 17 companies have hit the milestone, all but five of which are based in the United States.

Despite concerns about the sustainability of the sky-high valuations in the sector among some investors, tech companies are continuing to commit huge sums to AI-related infrastructure.

US tech giants are expected to spend about $800bn on AI-related capital investment in 2026, according to Goldman Sachs.

Google parent company Alphabet on Monday became the latest Silicon Valley giant to outline its AI-related investment plans, announcing that it would sell $80bn worth of shares to help fund expected capital expenditures of $180-190bn in 2026.

SINGER Junior Andre, the son of Katie Price and Peter Andre, has hit back at nepo baby critics and insisted he “doesn’t want handouts” after getting a job on the London Underground.

Junior revealed earlier this year during an episode of ITV‘s The Princess Diaries that he secretly worked nights for TFL to help fund his music career.

The 20-year-old opened up on his “hard” reality in a candid conversation with his sister.

He worked through the nights, full time, while he sorted out “differences” with his record label.

Now, in a new interview alongside his girlfriend, Jasmine, Junior has shut down trolls, making it clear that he’s paving his own way in the industry.

Junior said: “My dad was brought up very strict, so regardless of anything he says, ‘You’ve got to work son.’

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“As much as he’s there for me, and my mum is there for me, I don’t want handouts. I need to learn life the proper way.

“So when things get hard, instead of sitting there doing nothing I was like, ‘I need to do what I’ve got to do.’ I threw myself in the deep end, but I never gave up on my dream.”

He continued: “It made me [the job] understand the value of money and grafting. People say, ‘You’ve never done a hard days work in your life,’ and I’m like ‘I have!”

Elsewhere in the chat, Junior and Jasmine, who have been together for two years, confessed their future plans as a couple.

Reality TV star Junior said: “I get scared if I think about kids, marriage, because we’re not there. There’s so much more we want to do before we think about that stuff.”

Jasmine added: “We’re on the same page in that they’re such big things. Having a child – that’s a full human!”

“We’ll know when the time is right,” added Junior.

Junior used to work for TFL, “grafting, lifting heavy metals, cutting, filing, painting,” so he could fund his music career.

Princess, 18, gushed over her brother saying: “So proud of Junior, his last two singles went in at number one , but while he was sorting differences out with his label he went to work through the nights and work a full time job so he was fully self sufficient.

“Which I’m super proud of.”

Junior has previously told fans that despite his parents celebrity status, he doesn’t want to live of them.

His dad, Peter, is a huge pop star, topping the UK charts in the mid-90s with his tunes “Mysterious Girl” and “Flava.”

And Junior’s mum, Katie, also shot to fame in the 90s but as a glamour model using the alter ego Jordan.