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.

Bloom Energy stock slides 18% ahead of earnings as AI-data center trade cools

Bloom Energy stock slides 18% ahead of earnings as AI-data center trade cools

Bloom Energy shares fell 18.3% to $137.92 Wednesday, erasing much of Tuesday’s 8.2% gain. The drop came ahead of Thursday’s quarterly earnings, despite Roth Capital raising its price target to $133. Investors are focused on 2026 guidance and order backlog tied to data-center demand. Fuel-cell peers and the Nasdaq QQQ also declined sharply.
Pfizer stock price jumps as once‑monthly obesity shot data lands; June readout in focus

Pfizer stock price jumps as once‑monthly obesity shot data lands; June readout in focus

Pfizer shares rose 3.7% to $26.73 Wednesday after reporting Phase 2b trial results showing up to 12.3% placebo-adjusted weight loss at 28 weeks for its obesity drug PF’3944. The company reaffirmed its 2026 revenue and profit targets and said it will not pursue share buybacks. Pfizer reported Q4 adjusted EPS of 66 cents on $17.6 billion revenue. Full VESPER-3 results will be released June 6.
Snowflake stock skids as AI fears hit software; SNOW eyes Feb. 25 earnings

Snowflake stock skids as AI fears hit software; SNOW eyes Feb. 25 earnings

Snowflake Inc shares fell 7.5% to $160.24 by early afternoon Wednesday amid investor concerns over AI’s impact on software business models. The company announced a $200 million multi-year deal with OpenAI and launched new AI tools, including Cortex Code and Semantic View Autopilot. Snowflake’s fiscal 2026 results are due Feb. 25 after market close.
Disney stock rises as board taps parks chief Josh D’Amaro as next CEO

Disney stock rises as board taps parks chief Josh D’Amaro as next CEO

Walt Disney shares rose 3.1% to $107.47 Wednesday after the company named Josh D’Amaro as CEO effective March 18, with Dana Walden set to become president and chief creative officer. The leadership change follows Disney’s fiscal Q1 report showing 5% revenue growth to $26 billion but a 9% drop in segment operating income. Disney confirmed a $7 billion share buyback for fiscal 2026.
4 February 2026
KLA stock drops again as chip-equipment names slide; what’s driving KLAC now

KLA stock drops again as chip-equipment names slide; what’s driving KLAC now

KLA shares fell 4.4% to $1,295.70 by midday Wednesday, deepening a multi-day slide and leaving the stock down 23% from its Jan. 29 peak. Applied Materials dropped 9%, Lam Research 10.6%, and ASML 5.3% as chip-equipment makers tracked a broader tech sell-off. Investors focused on upcoming industry events with key U.S. labor and inflation data delayed.
Verizon stock price rises as VZ outpaces a falling market amid buyback focus, Senate cyber pressure

Verizon stock price rises as VZ outpaces a falling market amid buyback focus, Senate cyber pressure

Verizon shares rose 1.3% to $46.85 in early Wednesday trading, near a one-year high, as about 19 million shares changed hands by 12:45 p.m. ET. The gain came despite broader market declines and as Senator Maria Cantwell pressed Verizon and AT&T to release documents on the “Salt Typhoon” cyber-espionage case. Verizon declared a $0.7075 quarterly dividend and outlined plans for $55 billion in shareholder returns through 2028.
4 February 2026
Cisco stock slips as Olympics networking win meets earnings countdown

Cisco stock slips as Olympics networking win meets earnings countdown

Cisco shares fell 1.2% to $82.15 by midday Wednesday as investors assessed new sports-event tech contracts ahead of next week’s earnings. The company confirmed deals to supply AI networking for NBC’s 2026 Olympics coverage and Wi‑Fi 7 routers at Super Bowl LX. Cisco will report Q2 results after markets close Feb. 11. November guidance projected Q2 revenue of $15.0–$15.2 billion.
Shopify stock price slides again as AI jitters hit software — what to watch next

Shopify stock price slides again as AI jitters hit software — what to watch next

Shopify shares fell 5.5% to $112.74 by midday Wednesday, extending a tech sell-off that began after an AI chatbot rollout stoked competition fears. Trading volume topped 10 million shares as software stocks slid across North America and Europe. Shopify’s fourth-quarter earnings call is set for Feb. 11. Investors remain focused on guidance amid concerns over AI’s impact on margins and demand.
4 February 2026
PepsiCo stock price jumps again as PEP backs Doritos price cuts with a $10 billion buyback

PepsiCo stock price jumps again as PEP backs Doritos price cuts with a $10 billion buyback

PepsiCo shares rose 2.5% to $166.85 by midday Wednesday after announcing up to 15% price cuts on U.S. snacks like Lay’s and Doritos. The company beat fourth-quarter forecasts with $29.34 billion in revenue and $2.26 core EPS, despite a 2% volume drop. PepsiCo reaffirmed 2026 growth targets and unveiled a new $10 billion buyback. CEO Ramon Laguarta cited affordability concerns and shifts in eating habits.
4 February 2026
Merck stock price rises today as MRK rallies on Keytruda strength despite soft 2026 outlook

Merck stock price rises today as MRK rallies on Keytruda strength despite soft 2026 outlook

Merck shares rose 2.8% to $119.11 by midday Wednesday after the company beat Q4 expectations, but projected 2026 revenue of $65.5–$67.0 billion, below analyst forecasts. Keytruda sales climbed 7% while Gardasil dropped 34% on weak China demand. The company cited a $2.5 billion hit from generic drugs and U.S. pricing pressure. Investors remain focused on Merck’s ability to offset declines in older products.
Lam Research stock tumbles nearly 9% as chip gear sells off; COO change set for March

Lam Research stock tumbles nearly 9% as chip gear sells off; COO change set for March

Lam Research shares fell 8.6% to $210.33 by midday Wednesday, erasing earlier gains as semiconductor stocks slumped. The drop followed a sector-wide tech selloff and a sharp decline in AMD shares after a cautious forecast. Lam announced COO Patrick J. Lord will retire March 6, with Sesha Varadarajan set to succeed him. Cadence CEO Anirudh Devgan joined Lam’s board, expanding it by one member.
4 February 2026
GE Vernova (GEV) stock tumbles 7% as bond sale settles, even with a fresh Baird upgrade

GE Vernova (GEV) stock tumbles 7% as bond sale settles, even with a fresh Baird upgrade

GE Vernova shares fell 6.6% to $729.05 by midday Wednesday after a streak of record highs, following news of a $2.6 billion bond sale to fund its $5.3 billion Prolec GE acquisition. The stock swung between $728 and $797. Baird upgraded the stock, while Xcel Energy and GE Vernova announced a major turbine and wind project alliance. The company’s wind segment reported a $598 million EBITDA loss for 2025.
4 February 2026
Robinhood stock price slides again as bitcoin slump and crypto bill stalemate rattle HOOD traders

Robinhood stock price slides again as bitcoin slump and crypto bill stalemate rattle HOOD traders

Robinhood shares fell 8.3% to $79.84 Wednesday as bitcoin slid nearly 4% and crypto-linked stocks dropped amid stalled stablecoin legislation in Washington. Bitcoin liquidations reached $2.56 billion in recent days, CoinGlass reported. Cathie Wood’s ARK Invest bought $32.7 million in Robinhood shares after the decline. Investors await Robinhood’s Feb. 10 results for trading and asset data.
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Stock Market Today

  • LSEG Cancels 1.24 Million Shares After Latest Buyback Tranche
    April 28, 2026, 11:56 AM EDT. London Stock Exchange Group (LSEG) repurchased and cancelled over 1.24 million ordinary shares between April 20-24, 2026, reducing its share count to 494 million. The buyback, executed via Goldman Sachs International, involved shares priced between £93.40 and £100.30. This cancellation reflects LSEG's focus on capital returns and balance-sheet efficiency. The updated share count adjusts voting rights and disclosure thresholds under the UK's FCA transparency rules. Analysts maintain a positive outlook; TipRanks' AI Analyst rates LSEG as 'Outperform' due to strong revenue growth, margin expansion, and buybacks despite concerns over valuation. LSEG operates global financial market infrastructure and data services. The company's market capitalization stands at £49.35 billion with a strong buy technical sentiment signal.

Latest article

Microsoft Stock Today: Why MSFT Is Flat Before a Crucial Azure Earnings Test

Microsoft Stock Today: Why MSFT Is Flat Before a Crucial Azure Earnings Test

28 April 2026
Microsoft shares edged up 0.3% to $426.14 Tuesday as investors awaited fiscal third-quarter results due Wednesday. The company’s revised OpenAI deal allows OpenAI to serve customers on any cloud, ending Microsoft’s exclusive rights but keeping it as primary partner. Azure revenue is expected to rise about 40% for the quarter. Microsoft will receive a 20% cut of OpenAI revenue through 2030.
Amazon Stock Today: Why AMZN Is Slipping Before a High-Stakes AI Earnings Test

Amazon Stock Today: Why AMZN Is Slipping Before a High-Stakes AI Earnings Test

28 April 2026
Amazon shares slipped 0.4% to $260.11 Tuesday as investors awaited first-quarter results, due after Wednesday’s close alongside reports from Alphabet, Microsoft, and Meta. Analysts expect AWS revenue to rise nearly 26% to $36.8 billion, with total revenue seen at $177 billion. Wall Street is focused on whether AWS growth justifies Amazon’s heavy AI infrastructure spending.
AMD Stock Drops Today as OpenAI Worries Hit the AI Chip Trade Before Earnings

AMD Stock Drops Today as OpenAI Worries Hit the AI Chip Trade Before Earnings

28 April 2026
AMD shares fell 4.2% to $320.66 Tuesday after a report said OpenAI missed user and revenue targets, raising concerns about future data-center spending. Northland Capital downgraded AMD less than a week before its earnings report. The selloff spread to other AI chip stocks, including Nvidia and Arm Holdings. OpenAI and AMD have a multi-year GPU supply agreement set to begin later in 2026.
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