Today: 16 July 2026

Khadija Saeed

Khadija Saeed is a financial markets reporter at TS2.tech, specializing in stocks, technology and emerging industries. She studied economics and finance at the London School of Economics and previously worked in market research before moving into financial journalism. Her coverage focuses on the companies, innovations and economic trends influencing global investors. Follow Khadija Saeed on Google News.

Broadcom Jumps on Meta AI Chip Deal as Marvell Gets New Bull Call

Broadcom Jumps on Meta AI Chip Deal as Marvell Gets New Bull Call

UPDATE April 15, 2026, 23:00 - Broadcom shares rose after Meta extended a multi-year partnership to co-develop custom AI chips through 2029, reinforcing its position as a key supplier in the race to build large-scale AI infrastructure. The deal includes over one gigawatt of initial computing capacity and signals a broader shift by tech giants toward in-house silicon to reduce reliance on Nvidia. Meanwhile, Marvell drew fresh bullish calls from analysts, with price targets lifted on expectations of strong multi-year growth in AI-driven data center demand, including custom chips and networking.
15 April 2026
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U.S. Mortgage Applications Rise as Rates Hit One-Month Low, but Buyers Stay Cautious

U.S. Mortgage Applications Rise as Rates Hit One-Month Low, but Buyers Stay Cautious

UPDATE April 15, 2026, 22:55 - U.S. mortgage applications rose 1.8% in the latest week, marking the first increase in five weeks as 30-year mortgage rates eased to about 6.42%, a one-month low. Refinancing activity jumped more than 5%, but home purchase applications fell around 1%, underscoring continued caution among buyers. Economists say demand remains constrained by economic uncertainty and affordability pressures, even as lower rates provide some relief.
15 April 2026
Bank of America (BAC) Q1 Earnings Beat as Profit Jumps 17% on Record Equities Trading

Bank of America (BAC) Q1 Earnings Beat as Profit Jumps 17% on Record Equities Trading

UPDATE April 15, 2026, 22:50 - Morgan Stanley reported a record-breaking first quarter, notching roughly $20.6 billion in revenue and earnings per share at $3.43—well above forecasts—driven by a surge in trading and solid performance from wealth management. The stock climbed after the results landed; equities trading set a fresh high, and investment banking saw a bounce, with dealmaking picking up pace. Market volatility, stoked in part by geopolitical strife, has fed into Wall Street’s trading windfall, though execs pointed out macro risks haven’t gone away.
15 April 2026
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Morgan Stanley Q1 Earnings Beat Estimates as Traders and Wealth Unit Drive Record Revenue

Morgan Stanley Q1 Earnings Beat Estimates as Traders and Wealth Unit Drive Record Revenue

Morgan Stanley topped forecasts for the first quarter, with equities trading hitting new highs and dealmaking showing more muscle—driving revenue to a fresh record. Shares traded up roughly 1.2%, at $183.34 as of 8:31 a.m. EDT. The bank posted profit of $3.43 per share on revenue of $20.6 billion, compared to last year’s $2.60 a share on $17.7 billion.
15 April 2026
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D-Wave Quantum Stock Jumps Again as Nvidia Ising Launch and CEO Pitch Put QBTS Back in Focus

D-Wave Quantum Stock Jumps Again as Nvidia Ising Launch and CEO Pitch Put QBTS Back in Focus

UPDATE April 15, 2026, 22:45 - Shares of D-Wave Quantum extended gains after Nvidia unveiled its “Ising” quantum-AI models, with QBTS among the stocks lifted by renewed investor interest in the sector. The rally comes as CEO Alan Baratz publicly challenged Nvidia’s dominance, saying the chip giant should be “shaking in [its] boots” as quantum computing advances. Analysts say Nvidia’s push into quantum error correction and calibration could accelerate commercialization, keeping speculative momentum in quantum names despite ongoing profitability concerns.
15 April 2026
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Intel Corporation Hit by Fresh $3 Billion Patent Threat as Earnings Loom

Intel Corporation Hit by Fresh $3 Billion Patent Threat as Earnings Loom

UPDATE April 15, 2026, 22:40 - A U.S. appeals court has put Intel back on the hook in its $3 billion patent fight with VLSI Technology, tossing out a previous win for the chipmaker and ordering the dispute back to a jury. That ruling puts fresh legal risk on Intel’s plate right before earnings, stretching out a yearslong saga that’s already seen multibillion-dollar judgments and appeals. With the fight unresolved, Intel faces continued uncertainty on both the legal and financial fronts.
15 April 2026
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Uber’s $10 Billion Robotaxi Bet Marks Sharp Shift as Self-Driving Race Heats Up

Uber’s $10 Billion Robotaxi Bet Marks Sharp Shift as Self-Driving Race Heats Up

UPDATE April 15, 2026, 22:35 - Uber has deepened its robotaxi push, committing more than $10 billion to autonomous vehicles and related partnerships, marking a clear shift away from its asset-light model toward owning fleet capacity. The company is working with partners including Lucid, Rivian and Baidu, with plans to deploy robotaxi services in up to 28 cities by 2028, while expanding pilot programs in U.S. markets. Recent deals—such as increasing orders for tens of thousands of vehicles and additional equity investments—underscore a broader industry acceleration as competition with players like Waymo and Tesla intensifies.
15 April 2026
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American Airlines Brings Electronic Boarding Gates to DFW This Summer in First Big U.S. Hub Rollout

American Airlines Brings Electronic Boarding Gates to DFW This Summer in First Big U.S. Hub Rollout

UPDATE April 15, 2026, 22:30 - American Airlines is still running trials of its electronic boarding gates at Dallas Fort Worth, confining use mainly to one gate in Terminal A and a handful of domestic routes. The tech, which lets travelers self-scan and file through automated doors, is under review for its impact on boarding speed and staff workload—wider adoption depends on how those tests play out. This fits into a larger set of efficiency pushes underway at American’s biggest hub, including more automation across operations.
15 April 2026
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Snap Stock Jumps as Outlook Improves and 1,000 Job Cuts Back AI, Specs Push

Snap Stock Jumps as Outlook Improves and 1,000 Job Cuts Back AI, Specs Push

UPDATE April 15, 2026, 18:30 - Snap is laying off about 1,000 employees—16% of its staff—as the company doubles down on AI-powered operations and tighter cost controls. Management says shifting more work to AI is already paying off, with most new code now written by machines, and expects annual cost savings to top $500 million. Profitability is also looking up, along with a better revenue outlook. Investors sent shares higher after the announcement, though there’s still skepticism about whether Snap’s business model can deliver over the long run as it continues to restructure.
15 April 2026
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American Airlines Stock Jumps After United CEO Floats White House Merger Pitch

American Airlines Stock Jumps After United CEO Floats White House Merger Pitch

Shares of American Airlines Group surged Tuesday, climbing roughly 8% in late trading after Reuters said United Airlines CEO Scott Kirby brought up the idea of a merger with American during a meeting with President Donald Trump in late February. That's a big swing for American, which is carrying around $25 billion in long-term debt and lags its bigger competitors in profitability.
15 April 2026
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Broadcom Stock Gets Fresh Meta AI Lift as Duolingo Stock Falls on Growth Fears

Broadcom Stock Gets Fresh Meta AI Lift as Duolingo Stock Falls on Growth Fears

Shares of Broadcom jumped in late trading Tuesday after Meta rolled out a multi-year AI chip deal with the company, fueling the recent surge in optimism for the semiconductor designer. Duolingo, on the flip side, slipped roughly 2.2% as the language-learning platform continued to face investor pushback on sluggish growth and softer earnings forecasts.
15 April 2026
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S&P 500 Nears Record as Iran Talk Hopes Sink Oil, Lift Dow and Nasdaq in Earnings Rush

S&P 500 Nears Record as Iran Talk Hopes Sink Oil, Lift Dow and Nasdaq in Earnings Rush

U.S. stocks jumped on Tuesday, pushing the S&P 500 to within 0.2% of its January record close, as falling oil prices and fresh hopes for renewed U.S.-Iran talks pulled investors back into risk assets. The Nasdaq climbed about 2% and logged its longest winning streak since 2021, while the Dow added nearly 318 points.
15 April 2026
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LiveScore Revenue Tops £200 Million, but UK Gambling Tax Shock Threatens Profit Push

LiveScore Revenue Tops £200 Million, but UK Gambling Tax Shock Threatens Profit Push

LiveScore Group, which owns both LiveScore Bet and Virgin Bet, reported a sharp jump in annual turnover, topping 200 million pounds for the first time, filings in the UK show. Despite leaving the Netherlands, robust demand in its core markets kept revenue moving higher. For the year ended March 31, 2025, turnover was up 15.3% to £206.3 million. Operating loss was slashed to £26.7 million, down from £50.7 million a year earlier.
14 April 2026
Nvidia Kills PC Maker Acquisition Rumor, Sending Dell and HP Stocks Back Down

Nvidia Kills PC Maker Acquisition Rumor, Sending Dell and HP Stocks Back Down

Nvidia shot down speculation on Tuesday, saying it’s not in discussions to buy any PC maker. The rumor—which had sent waves through Dell Technologies and HP—hinted at a major hardware play for the AI chip giant. The story, first reported by Bloomberg, traced the chatter back to SemiAccurate, which suggested such a deal might “reshape the PC landscape.”
14 April 2026
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Dollar, VIX Sink as U.S.-Iran Talks Spur Risk Rally and Push Tariff Bets Aside

Dollar, VIX Sink as U.S.-Iran Talks Spur Risk Rally and Push Tariff Bets Aside

The dollar notched a seventh straight decline on Tuesday, while the Cboe Volatility Index slipped back near levels seen before the war, as traders eyed potential U.S.-Iran negotiations that might blunt the latest oil shock and curb appetite for safe-haven assets. The dollar index dropped to 98.08, after briefly hitting 97.968—its lowest mark since March 2. Over at Cboe, the VIX hovered near 18.4, retreating from last month's spike.
14 April 2026
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Stock Market Today

  • Allstate Drops 4.34% as S&P 500 Rises; Investors Eye Earnings Report
    July 15, 2026, 7:28 PM EDT. Allstate (ALL) slipped 4.34% to $239.48, lagging behind the S&P 500's 0.38% climb in the latest trading. The insurer releases results August 5, with the Street looking for EPS down 17.17% at $4.92, but revenue up 5.66% to $17.73 billion. For the year, earnings are seen at $29.99, off 13.9%, on $71.42 billion in sales, up 5.26%. Allstate changes hands at 8.35 times forward earnings, under the industry's 11.85, and carries a 0.44 PEG ratio, well below peers at 3. The stock holds a Zacks Rank 3 (Hold) as EPS estimates are up 1.89% ahead of the report, pointing to a cautious investor stance.
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