Today: 28 April 2026

Khadija Saeed

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

MercadoLibre stock slips with Wall Street tech selloff as MELI earnings loom

MercadoLibre stock slips with Wall Street tech selloff as MELI earnings loom

MercadoLibre shares fell 1.1% to $2,029.60 Thursday after a tech selloff triggered by Alphabet’s warning of higher AI costs in 2026. The S&P 500 ETF dropped 1.3%, while Amazon and Shopify also declined. MercadoLibre will report fourth-quarter results on Feb. 24. Analysts cited volatility tied to broader growth stock sentiment rather than company-specific news.
5 February 2026
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TransCode Therapeutics stock jumps on FDA filing for Phase 2a colorectal cancer trial

TransCode Therapeutics stock jumps on FDA filing for Phase 2a colorectal cancer trial

TransCode Therapeutics shares surged nearly 19% Thursday after the company filed an amended IND application for a Phase 2a trial of TTX-MC138 in colorectal cancer patients. Trading volume hit 11.5 million shares, up from 8,500 the previous day. The dose-expansion study, set to begin in early 2026, will enroll up to 45 patients with positive ctDNA markers. The trial will run with Quantum Leap Healthcare Collaborative on the PRE-I-SPY platform.
5 February 2026
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Confluent stock holds near $31 IBM bid as new SEC filing details shareholder suits, Feb. 12 vote

Confluent stock holds near $31 IBM bid as new SEC filing details shareholder suits, Feb. 12 vote

Confluent shares edged up 0.1% to $30.37 Thursday after the company disclosed new details on shareholder litigation tied to its pending $11 billion IBM acquisition. The stock traded about 2% below IBM’s $31-per-share offer as investors watched for the Feb. 12 shareholder vote and Confluent’s earnings report on Feb. 11.
5 February 2026
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KLA stock rebounds after ASE flags big advanced-packaging push — what KLAC traders watch next

KLA stock rebounds after ASE flags big advanced-packaging push — what KLAC traders watch next

KLA shares rose about 2.3% to $1,337.09 Thursday afternoon after Argus raised its price target to $1,750. ASE Technology projected its advanced packaging segment to double by 2026 and announced $1.5 billion in new machinery investments. An ASE unit bought KLA machinery for T$1.14 billion. Other chip-tool stocks, including Applied Materials and Lam Research, also advanced.
5 February 2026
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ConocoPhillips stock slides after earnings miss, $1 billion cost-cut plan — what COP investors watch next

ConocoPhillips stock slides after earnings miss, $1 billion cost-cut plan — what COP investors watch next

ConocoPhillips shares fell 2.4% to $105.04 after the company missed fourth-quarter profit estimates and announced a $1 billion cost-cut target for 2026. Adjusted profit was $1.02 per share, below the $1.11 analyst estimate, as oil prices dropped ahead of U.S.-Iran talks. The company reaffirmed plans to return 45% of 2026 operating cash to shareholders.
5 February 2026
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PayPal stock slides again as downgrades pile up after CEO shake-up

PayPal stock slides again as downgrades pile up after CEO shake-up

PayPal shares fell 3.3% to $39.67 Thursday after the company named HP’s Enrique Lores as CEO and warned of a weaker 2026 outlook. CFO Jamie Miller cited pressure on retail merchants and sluggish branded checkout growth. Multiple analysts downgraded the stock, citing competition from Apple Pay and Google Pay. PayPal declared a $0.14 dividend and forecast a mid-single-digit drop in Q1 adjusted earnings.
5 February 2026
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Estée Lauder stock sinks 21% as 2026 outlook, tariffs rattle investors

Estée Lauder stock sinks 21% as 2026 outlook, tariffs rattle investors

Estée Lauder shares fell 21% Thursday to $94.45 after a full-year forecast pointed to slower growth in its main market. The company reported fiscal Q2 net sales of $4.229 billion and raised its 2026 outlook, but warned of higher tariffs and shrinking Q3 margins. Estée Lauder plans to cut up to 7,000 jobs and pay a 35-cent dividend March 16. Coty and e.l.f. Beauty shares also dropped.
5 February 2026
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Shopify stock drops again: AI disruption jitters and Feb. 11 earnings loom for SHOP

Shopify stock drops again: AI disruption jitters and Feb. 11 earnings loom for SHOP

Shopify shares fell 2.1% to $111.59 Thursday, swinging between $108.90 and $115.71 as software stocks faced heavy selling. The S&P 500 software and services index dropped about 3%, with sector losses nearing $1 trillion since Jan. 28. Investors are watching Shopify’s Feb. 11 earnings for signs of AI’s impact on margins. New unemployment claims rose and job openings hit a five-year low.
5 February 2026
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P&G stock climbs while Wall Street slides — what’s behind PG’s move and what comes next

P&G stock climbs while Wall Street slides — what’s behind PG’s move and what comes next

Procter & Gamble shares climbed 1.3% to $158.89 Thursday afternoon, bucking a broader market decline driven by tech sector weakness. SEC filings showed insider sales by executives Ma. Fatima Francisco and a proposed sale by Gary A. Coombe. Consumer staples led S&P 500 sector gains, while tech stocks fell on AI spending concerns. Trading volume reached 9.1 million shares.
5 February 2026
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Adobe stock slides again as AI worries hit software; what ADBE investors watch next

Adobe stock slides again as AI worries hit software; what ADBE investors watch next

Adobe shares fell 3.5% to $270.01 Thursday as software stocks slid, following a downgrade by Piper Sandler and ongoing concerns over AI’s impact on the sector. The S&P 500 software and services index dropped 2.8%, erasing over $950 billion in value since Jan. 28. Investors are watching Adobe’s March 12 earnings call for signs of demand and AI returns.
5 February 2026
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Coca-Cola stock price rises as Jefferies lifts target ahead of Feb. 10 earnings

Coca-Cola stock price rises as Jefferies lifts target ahead of Feb. 10 earnings

Coca-Cola shares rose 1.7% to $78.65 Thursday, bucking a weaker U.S. market after Jefferies raised its price target to $88 ahead of next week’s earnings. CEO-elect Henrique Braun will take over March 31 as James Quincey becomes executive chairman. Quincey sold 337,824 shares for about $26 million on Feb. 3 under a prearranged plan. Coca-Cola reports fourth-quarter and full-year results Feb. 10.
5 February 2026
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Credo Technology stock rebounds today as AI-chip jitters ease; what’s next for CRDO

Credo Technology stock rebounds today as AI-chip jitters ease; what’s next for CRDO

Credo Technology shares rose about 2% to $98.96 Thursday afternoon, rebounding after recent losses. A Bank of America note challenged the AI-chip selloff, citing sector bottlenecks. Insider-sale filings and a March earnings report kept traders cautious. Roughly 5.8 million shares traded as Credo’s market cap neared $32.5 billion.
5 February 2026
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Vertiv (VRT) stock slides as AI jitters hit data-center plays ahead of earnings

Vertiv (VRT) stock slides as AI jitters hit data-center plays ahead of earnings

Vertiv shares fell 1.8% to $179.36 Thursday, hitting a low of $172.59 as investors retreated from costly AI-linked stocks amid concerns over capital spending. The company reports earnings Feb. 11, with investors watching for signs of demand in data-center cooling. Peers like Eaton and Johnson Controls also saw volatile trading this week.
5 February 2026
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Stock Market Today

  • Investing £7,000 in Ashmore Shares Offers 7.78% Dividend Yield Amid Market Uncertainties
    April 28, 2026, 3:22 AM EDT. UK investors putting £7,000 into FTSE 250 index funds can generate around £226 annually in passive income. However, stock picker choice Ashmore (LSE:ASHM), an emerging market investment manager, offers a higher dividend yield of 7.78%, translating to approximately £544.60 yearly. This elevated yield results partly from recent client outflows due to market volatility and geopolitical issues, which pressured Ashmore's share price. Despite shrinking assets under management, Ashmore has sustained dividends thanks to its strong cash reserves. Yet, ongoing geopolitical tensions and investor uncertainty mean the high yield might not be sustainable long term. Investors must weigh the firm's current cash cushion against potential risks in emerging market exposure before committing.

Latest article

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

US Stock Market Today: Live Updates 28.04.2026

28 April 2026
The S&P 500 and Nasdaq 100 closed at record highs Monday, driven by optimism over upcoming tech earnings from Apple, Microsoft, and Meta. Gains came despite a 2% surge in WTI crude prices after President Trump canceled Iran talks, heightening tensions at the Strait of Hormuz. Qualcomm’s reported collaboration with OpenAI and MediaTek boosted AI-infrastructure stocks. The strait remains effectively closed, raising energy supply concerns.
US Stock Market Today: S&P 500, Nasdaq Hit Records as After-Hours Trading Edges Higher

US Stock Market Today: S&P 500, Nasdaq Hit Records as After-Hours Trading Edges Higher

28 April 2026
The S&P 500 and Nasdaq closed at record highs Monday, while the Dow slipped 62.67 points to 49,168.04. After-hours, major U.S. indexes edged up less than 0.2%. Nvidia jumped 4% to a new high, topping $5 trillion in value, while Domino’s Pizza fell after forecasting weaker 2026 growth. Investors await Big Tech earnings and a Federal Reserve decision this week.
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