Today: 23 March 2026
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Khadija Saeed

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

Carnival stock price drops more than 6% as oil tops $100, dragging CCL and CUK lower

Carnival stock price drops more than 6% as oil tops $100, dragging CCL and CUK lower

Carnival Corp’s U.S.-listed shares dropped over 6% to $24.32 by 2:22 p.m. EDT Thursday, mirroring a sector-wide selloff as Brent crude surged 8% to $99.38 after attacks on tankers and tensions near the Strait of Hormuz. Royal Caribbean shares fell more than 6%, Norwegian Cruise Line nearly 3%. Rising fuel costs and uncertainty over 2026 expenses weighed on cruise stocks.
12 March 2026
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Amazon Stock Price Falls Again as Italy Tax Case, AI Costs Keep AMZN Under Pressure

Amazon Stock Price Falls Again as Italy Tax Case, AI Costs Keep AMZN Under Pressure

Amazon shares fell 1.4% to $209.77 Thursday as investors weighed new legal and regulatory challenges and ongoing concerns over heavy AI-related spending. Milan prosecutors requested a trial over alleged €1.2 billion VAT evasion, and Senator Elizabeth Warren pressed CEO Andy Jassy on pricing practices. Amazon moved to raise $37 billion in a bond sale, drawing strong demand from debt buyers.
12 March 2026
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Oil Prices Surge Again: Brent Crude Near $100, WTI Jumps as Hormuz Stays Shut

Oil Prices Surge Again: Brent Crude Near $100, WTI Jumps as Hormuz Stays Shut

Brent crude rose 8% to $99.38 after Iran said the Strait of Hormuz would remain shut and tanker attacks in Iraqi waters deepened supply fears. The International Energy Agency expects global supply to fall by 8 million barrels a day in March, calling it the biggest disruption on record. U.S. gasoline inventories fell 3.7 million barrels last week as drivers rushed to fill up. TotalEnergies reported a 15% output loss after shutdowns in the UAE, Qatar, and Iraq.
12 March 2026
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Natural Gas Price Today: U.S. Futures Near Four-Week High as Hormuz Shock Tightens LNG

Natural Gas Price Today: U.S. Futures Near Four-Week High as Hormuz Shock Tightens LNG

U.S. natural gas futures hovered near a four-week high Thursday after storage data, with the Henry Hub front-month contract trading around $3.21 per mmBtu. EIA reported U.S. gas inventories fell by 38 Bcf to 1,848 Bcf last week. European gas stores are about 27% full, the lowest since 2022, as war disrupts LNG flows through the Strait of Hormuz. Asian spot LNG prices more than doubled in early March, reaching $22.50 per mmBtu.
12 March 2026
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Bitcoin Price Today: BTC Holds $70,000 as ETF Inflows Clash With Oil Shock

Bitcoin Price Today: BTC Holds $70,000 as ETF Inflows Clash With Oil Shock

Bitcoin held above $70,000 on Thursday, last trading at $70,323, down 0.7% after touching $69,240. U.S.-listed spot bitcoin ETFs took in $115.2 million Wednesday, with BlackRock’s IBIT accounting for most inflows. Brent crude briefly topped $101, and Wall Street fell amid Middle East tensions. Economists expect the first Fed rate cut in June, but futures markets now point to September.
12 March 2026
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Grab Holdings Stock Price Falls 3% as CEO Share Sale Filing Adds Pressure

Grab Holdings Stock Price Falls 3% as CEO Share Sale Filing Adds Pressure

Grab Holdings shares fell 3.2% to $3.765 after a filing showed CEO Anthony Tan plans to sell up to 1.2 million shares, valued at about $4.75 million. The stock is down 26% since January 2, pressured by weaker 2026 forecasts and broader Nasdaq declines. Tan’s planned sale is under a prearranged plan to cover taxes. Grab ended 2025 with $7.4 billion in cash and reported its first full-year net profit.
12 March 2026
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Gold Price Today Falls Despite Iran Risk as Dollar Firms, Fed Cut Bets Fade

Gold Price Today Falls Despite Iran Risk as Dollar Firms, Fed Cut Bets Fade

Gold prices fell 0.3% Thursday, with spot bullion at $5,159.04 an ounce as a stronger dollar and reduced expectations for U.S. rate cuts outweighed safe-haven demand. U.S. consumer prices rose 0.3% in February, keeping pressure on the Federal Reserve to hold rates higher. Toronto’s materials sector dropped 1.7% as gold miners declined. Futures now suggest the first Fed rate cut in September.
12 March 2026
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Dow Jones Today: Index Falls 550 Points as Oil Tops $100, Credit Worries Jolt Wall Street

Dow Jones Today: Index Falls 550 Points as Oil Tops $100, Credit Worries Jolt Wall Street

The Dow Jones fell 553 points to 46,861 on Thursday as oil prices neared $100 a barrel after tanker attacks in Iraqi waters and Iran’s closure threat to the Strait of Hormuz. The S&P 500 dropped 1.05% and the Nasdaq 1.36%. Morgan Stanley slid 4% after limiting redemptions in a private-credit fund. Brent crude briefly topped $101.
12 March 2026
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Kingfisher Plc Share Price Slides Ahead of Full-Year Results Despite Fresh Broker Support

Kingfisher Plc Share Price Slides Ahead of Full-Year Results Despite Fresh Broker Support

Kingfisher Plc shares closed down 1.8% at 307.6 pence on Thursday, extending a five-day slide to 10.4% ahead of full-year results due March 24. The drop comes as UK housing demand weakens and energy prices climb after attacks on Iraqi tankers. Broker sentiment remains mixed, with recent upgrades offset by cautious targets. Kingfisher’s analyst page shows three buys, 10 holds, and three sells.
12 March 2026
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FTSE 100 Today: UK Stock Market Falls as $100 Oil Shifts Bank of England Outlook

FTSE 100 Today: UK Stock Market Falls as $100 Oil Shifts Bank of England Outlook

The FTSE 100 fell 0.47% to 10,305.15 on Thursday, about 5% below its February record, as oil rebounded to $100 a barrel after tanker attacks in Iraq. Money markets now price a 54% chance of a UK rate hike by December. HSBC dropped over 5% after closing Qatar branches. New UK homebuyer enquiries fell sharply in February, according to RICS.
12 March 2026
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Petrobras Stock Hovers as Brazil’s Oil Export Levy Clouds Crude Windfall

Petrobras Stock Hovers as Brazil’s Oil Export Levy Clouds Crude Windfall

Petrobras’ U.S.-listed ADRs traded at $19.06 on Thursday after Brazil imposed a temporary oil export levy and scrapped diesel taxes, moves that could limit gains from the global crude rally. The company sold diesel at auction in Rio Grande do Sul at premiums up to 1.78 reais per liter above standard prices. Petrobras posted a fourth-quarter profit of 15.6 billion reais and paid 45.2 billion reais in dividends and interest on equity in 2025.
12 March 2026
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Banco Bradesco Stock Price Slides 5% as Brazil Bank Shares Drop Ahead of Rate Call

Banco Bradesco Stock Price Slides 5% as Brazil Bank Shares Drop Ahead of Rate Call

Banco Bradesco’s U.S.-listed ADRs fell about 5% to $3.65 Thursday amid a broad selloff in Brazilian bank stocks. The drop followed mixed February inflation data and uncertainty over Brazil’s central bank rate decision next week. Bradesco shareholders approved a 6.67 billion-real capital increase and advanced plans to fold healthcare assets into Odontoprev, to be renamed Bradsaúde.
12 March 2026
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Unilever Stock Price: Why Shares Are Stuck Near 4,840p Despite a €1.5 Billion Buyback

Unilever Stock Price: Why Shares Are Stuck Near 4,840p Despite a €1.5 Billion Buyback

Unilever shares traded near 4,840 pence Thursday, little changed after closing Wednesday at 4,846 pence, down 1.24%. Investors weighed February guidance that 2026 sales growth would hit the low end of its 4%-6% range. The company completed its ice cream demerger in December and plans a €1.5 billion share buyback in the second quarter. The stock remains 12.56% below its December 52-week high.
12 March 2026
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Trump’s Plan to Cut Oil Prices Runs Into Hormuz as Iran War Rattles Markets

Trump’s Plan to Cut Oil Prices Runs Into Hormuz as Iran War Rattles Markets

Brent crude fell 11% on March 10 after Trump suggested the Iran war could end soon, then rebounded to $98.45 as Gulf attacks intensified. The IEA and U.S. launched a record emergency oil release, but flows through the Strait of Hormuz remain under 10% of pre-war levels. U.S. gasoline prices rose 19% since the conflict began. The White House said Navy escorts for tankers are not yet possible.
12 March 2026
Opendoor Stock Falls 6% as Rising Rate Fears, Weak Housing Data Hit OPEN Shares

Opendoor Stock Falls 6% as Rising Rate Fears, Weak Housing Data Hit OPEN Shares

Opendoor Technologies shares dropped 6% to $4.94 in late-morning Nasdaq trading Thursday after opening at $5.19. The decline followed weaker U.S. housing starts and a delay in expected Fed rate cuts, with the Nasdaq Composite down 1.38%. Opendoor reported a $1.1 billion net loss for 2025 and ended the year holding 2,867 homes worth $925 million. Peers Zillow and Offerpad also traded lower.
12 March 2026
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Blue Owl Capital Inc. Stock Price Slides Again as Private-Credit Valuation Fears Deepen

Blue Owl Capital Inc. Stock Price Slides Again as Private-Credit Valuation Fears Deepen

Blue Owl Capital shares fell about 1% to $8.94 Thursday after Glendon Capital challenged valuations in one of its largest funds, according to Reuters. The drop followed reports of rising investor skepticism across the private-credit sector, with BDCs now trading at an average 78 cents on the dollar. Blue Owl has denied claims of hidden losses. Morgan Stanley, Blackstone, and KKR have also reported increased redemption requests.
12 March 2026
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Navitas Semiconductor Stock Slides After 25% Surge as AI Data-Center Chip Launch, CFO Hire Stir Volatility

Navitas Semiconductor Stock Slides After 25% Surge as AI Data-Center Chip Launch, CFO Hire Stir Volatility

Navitas Semiconductor shares fell 7% to $10.06 Thursday morning after a 24.9% surge the previous session, following news of a new AI data-center chip package and the appointment of Tonya Stevens as CFO. Fourth-quarter revenue dropped to $7.3 million from $18 million a year earlier, with a $41.4 million operating loss. The company expects first-quarter sales of $8.0–$8.5 million.
12 March 2026
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Ondas Stock Rises After Palantir and World View Unveil AI-Driven Stratollite ISR Deal

Ondas Stock Rises After Palantir and World View Unveil AI-Driven Stratollite ISR Deal

Palantir, Ondas, and World View announced plans to build an AI-enabled surveillance network linking stratospheric balloons, drones, and ground systems. Ondas shares rose over 2% in premarket trading before settling up 1.1% at $9.94. The project centers on World View’s Stratollite balloon and will use Palantir’s AI for mission operations, with integration expected by late 2026. Ondas reaffirmed 2026 revenue guidance at $170 million to $180 million.
12 March 2026
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Stock Market Today

  • U.S. Stock Futures Steady After Relief Rally on U.S.-Iran Talks; Oil Prices Drop
    March 23, 2026, 6:25 PM EDT. U.S. stock futures showed little movement Monday night following a relief rally driven by optimism over potential resolution in the U.S.-Iran conflict. The S&P 500, Dow Jones Industrial Average, and Nasdaq all posted their best session since February, with Dow gains exceeding 1,100 points at one stage. President Donald Trump highlighted "productive conversations" about ending hostilities, though Iranian media denied direct talks. Oil prices cooled sharply, with West Texas Intermediate falling 10.3% to $88.13 a barrel. Citi strategist Scott Chronert cautioned risks remain amid oil price volatility. Meanwhile, Estée Lauder confirmed talks with Puig on a potential merger after shares fell 8% during regular trading.
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