Today: 26 April 2026

Khadija Saeed

A dedicated markets reporter, she covers stocks, macroeconomics, and major business developments with a sharp eye for detail and accuracy.

Zoho’s Sridhar Vembu doubles down: Big Tech is ‘bigger than most sovereign nations’ after Alphabet’s $32B bond rush

Zoho’s Sridhar Vembu doubles down: Big Tech is ‘bigger than most sovereign nations’ after Alphabet’s $32B bond rush

Zoho co-founder Sridhar Vembu compared Big Tech’s influence to the British East India Company in a post on X, following Alphabet’s $31.5 billion multi-currency bond sale, including a rare 100-year tranche. Vembu’s remarks come as debate grows over “technology sovereignty” amid surging AI infrastructure spending by major tech firms.
ServiceNow stock ends at $107.08 after Friday jump — what NOW investors watch next week

ServiceNow stock ends at $107.08 after Friday jump — what NOW investors watch next week

ServiceNow shares rose 3.6% to $107.08 Friday as U.S. stocks climbed after a cooler January inflation report. Principal accounting officer Kevin Thomas McBride sold 1,400 shares under a preset plan, SEC filings show. Danielle Fontaine will become chief accounting officer Feb. 17, with McBride moving to executive vice president. U.S. markets will reopen Tuesday after the Presidents Day holiday.
15 February 2026
Real Estate Stocks Rally on Softer CPI — REIT ETFs XLRE, VNQ Face Fed Minutes Next

Real Estate Stocks Rally on Softer CPI — REIT ETFs XLRE, VNQ Face Fed Minutes Next

Real estate ETFs rose Friday as Treasury yields dropped after U.S. inflation data came in below forecasts. The Real Estate Select Sector SPDR Fund gained 1.46% and the Vanguard Real Estate ETF climbed 1.43%. U.S. markets are closed Monday for Washington’s Birthday, with trading set to resume Tuesday. Investors await Fed minutes on Feb. 18 and GDP data on Feb. 20.
Utilities stocks jump as yields fall: XLU closes at $46.50 heading into Fed minutes week

Utilities stocks jump as yields fall: XLU closes at $46.50 heading into Fed minutes week

U.S. utilities stocks outperformed Friday, with the Utilities Select Sector SPDR Fund (XLU) up 2.8% to $46.50 as bond yields fell after softer inflation data. NextEra Energy rose 2.03% and declared a 10% higher dividend. PJM approved a major transmission line project by NextEra and Exelon. U.S. markets are closed Monday for Washington’s Birthday and reopen Tuesday.
Basic materials stocks face a busy week as copper inventories rise and tariff talk hits steel; XLB ends at $53.31

Basic materials stocks face a busy week as copper inventories rise and tariff talk hits steel; XLB ends at $53.31

Materials Select Sector SPDR ETF (XLB) rose 0.9% to $53.31 Friday after U.S. inflation data showed core CPI up 2.5% year-on-year, the smallest gain in nearly five years. Copper prices stayed firm, but exchange inventories topped 1.1 million metric tons. Steel and aluminum shares fell on tariff uncertainty. U.S. markets will be closed Monday for Presidents’ Day.
15 February 2026
Healthcare stocks head into Presidents Day break after Dexcom, Moderna lift XLV

Healthcare stocks head into Presidents Day break after Dexcom, Moderna lift XLV

The Health Care Select Sector SPDR Fund (XLV) rose 1.1% to $157.67 Friday, led by Dexcom’s 7.6% jump and Moderna’s 5.3% gain after earnings. Dexcom beat Q4 estimates and reiterated its 2026 outlook, while Moderna forecast up to 10% revenue growth, citing overseas markets. Broader markets saw tech lag as inflation data cooled. U.S. exchanges close Monday for Presidents Day.
Caterpillar stock (CAT) heads into Presidents Day week with insider sale, fresh filings in focus

Caterpillar stock (CAT) heads into Presidents Day week with insider sale, fresh filings in focus

Caterpillar shares rose 2.1% to $774.20 Friday after the company filed its annual report and insider Jason Kaiser disclosed a $1.31 million share sale. U.S. markets will close Monday for Washington’s Birthday, with trading resuming Tuesday. Investors await housing, durable goods data, and Fed minutes on Feb. 18. CEO Joe Creed recently cited rising generator orders but warned of $2.6 billion in tariff costs for 2026.
15 February 2026
Space and Defense Stocks to Watch: Lockheed, Huntington Ingalls Rise Into Holiday Week; AST SpaceMobile Deal in Focus

Space and Defense Stocks to Watch: Lockheed, Huntington Ingalls Rise Into Holiday Week; AST SpaceMobile Deal in Focus

Lockheed Martin and Huntington Ingalls led U.S. defense stocks higher Friday, with Huntington Ingalls up 3% to $418.78 and Lockheed rising 2.4% to $652.58. AST SpaceMobile detailed a $1 billion convertible note offering and plans to repurchase $300 million in existing debt, warning of substantial trading impacts. U.S. markets close Monday for Presidents Day, leaving investors to digest weekend developments on Tuesday.
Communication Services stocks face a holiday-shortened week as Meta and Alphabet slide, ad jitters linger

Communication Services stocks face a holiday-shortened week as Meta and Alphabet slide, ad jitters linger

The Communication Services Select Sector SPDR Fund (XLC) closed Friday at $114.58, down 0.1%, as declines in Meta and Alphabet offset gains in Disney and T-Mobile. Pinterest plunged 21% after a weak outlook tied to lower ad spending. U.S. markets will be closed Monday for Presidents Day. Investors are watching for Fed minutes and key inflation data later in the week.
Quantum computing stocks rebound into holiday week as Rigetti swings back, earnings loom

Quantum computing stocks rebound into holiday week as Rigetti swings back, earnings loom

Quantum computing stocks closed higher Friday, with Rigetti up 7.2% and IonQ up 8.8%. TD Cowen downgraded Rigetti, citing funding needs and competition. U.S. markets close Monday for Presidents Day; IonQ and D-Wave report results later this month. Quantum Computing Inc completed its $97.5 million Luminar Semiconductor acquisition.
Big Tech stocks slide into Presidents Day break — Apple, Nvidia drag and key dates loom

Big Tech stocks slide into Presidents Day break — Apple, Nvidia drag and key dates loom

Apple fell 2.3% and Nvidia dropped 2.2% Friday, dragging the Roundhill Magnificent Seven ETF down 1.1% as Big Tech stocks slid into the holiday weekend. The Nasdaq lost 0.22% despite softer inflation data, with major indexes posting their steepest weekly declines since November. Investors cited concerns over heavy AI spending and margin pressures. U.S. markets reopen Tuesday, with Fed minutes and Nvidia earnings ahead.
Natural gas prices could swing again this week: LNG flows, warm forecasts and Waha trouble in focus

Natural gas prices could swing again this week: LNG flows, warm forecasts and Waha trouble in focus

U.S. natural gas futures settled at $3.243 per mmBtu Friday, up 0.8% for the day but down 5% for the week after steep earlier declines. Traders weighed strong LNG export demand against forecasts for mild late-February weather that could curb heating needs. The U.S. gas rig count rose to 133, while Waha Hub prices in West Texas remained negative due to pipeline constraints. The March contract expires Feb. 25.
Semiconductor stocks: Applied Materials jump steadies chip gear names as Nvidia slips into holiday week

Semiconductor stocks: Applied Materials jump steadies chip gear names as Nvidia slips into holiday week

Applied Materials surged 8% Friday after forecasting revenue and profit above Wall Street estimates, citing AI-driven demand. Nvidia fell 2.2% and Broadcom dropped 1.8%, while the iShares Semiconductor ETF rose 0.9%. U.S. CPI rose 0.2% in January. Markets close Monday for Presidents Day.
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Stock Market Today

  • Federal Reserve Leadership Shift Sparks Interest Rate Uncertainty, Stocks Brace
    April 26, 2026, 6:19 AM EDT. The Federal Reserve faces a pivotal leadership change as Jerome Powell's term ends May 15, with Kevin Warsh set to take over. Warsh's hawkish history during the 2008 financial crisis signals a likely resistance to pressure for aggressive interest rate cuts, despite President Trump's calls for rates near 1%. The Fed's balance sheet, ballooning to $6.7 trillion, adds complexity. This transition may disrupt Wall Street's expectations and disrupt the market's trajectory, raising concerns about inflation control versus economic support. Investors should prepare for potential volatility amid shifting monetary policies under Warsh's stewardship.

Latest article

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 26.04.2026

26 April 2026
LIVEMarkets rolling coverageStarted: April 26, 2026, 12:00 AM EDTUpdated: April 26, 2026, 6:26 AM EDT Federal Reserve Leadership Shift Sparks Interest Rate Uncertainty, Stocks Brace April 26, 2026, 6:19 AM EDT. The Federal Reserve faces a pivotal leadership change as Jerome Powell's term ends May 15, with Kevin Warsh set to take over. Warsh's hawkish history during the 2008 financial crisis signals a likely resistance to pressure for aggressive interest rate cuts, despite President Trump's calls for rates near 1%. The Fed's balance sheet, ballooning to $6.7 trillion, adds complexity. This transition may disrupt Wall Street's expectations and disrupt the
Lockheed Martin Gets Golden Dome Opening as Profit Worries Bite

Lockheed Martin Gets Golden Dome Opening as Profit Worries Bite

26 April 2026
Lockheed Martin was named among firms awarded up to $3.2 billion for President Trump’s Golden Dome space-based missile interceptor plan, Space Systems Command said. The company reported weaker first-quarter results, with $18 billion in sales and negative free cash flow. Space Force aims to show initial interceptor capability in 2028. Golden Dome’s total cost is projected at $185 billion.
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