Today: 23 April 2026

Khadija Saeed

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

Intel Sets April 23 Q1 Earnings Date, With 18A Yields and AI Data-Center Demand in Focus

Intel Sets April 23 Q1 Earnings Date, With 18A Yields and AI Data-Center Demand in Focus

Intel will report first-quarter results after market close on April 23 and hold a 2 p.m. PT call. The company previously forecast revenue of $11.7 billion to $12.7 billion and break-even adjusted earnings per share, below analysts’ expectations. Investors are watching for updates on server-chip supply, 18A manufacturing yields, and foundry business progress. Supply constraints and AI-related demand remain key issues.
Snap stock surges after activist Irenic pushes AI reset, buybacks and Specs overhaul

Snap stock surges after activist Irenic pushes AI reset, buybacks and Specs overhaul

Snap Inc. shares rose 14% to $4.60 Tuesday after Irenic Capital disclosed a 2.5% stake and called for cost cuts, a sharper AI strategy, and a review of the Specs smart-glasses unit. Irenic urged Snap to give Class A shareholders more voting power and said Specs should be spun off or shut. Snap reported Q4 revenue of $1.72 billion and net income of $45 million, but its Q1 outlook missed expectations.
Dow Jumps 1,100 Points on Iran Exit Hopes, but Wall Street Still Closes Its Worst Quarter Since 2022

Dow Jumps 1,100 Points on Iran Exit Hopes, but Wall Street Still Closes Its Worst Quarter Since 2022

U.S. stock futures climbed early Wednesday after Wall Street’s biggest one-day rally in nearly a year, driven by President Trump’s signal that the Iran war could end within weeks. The Dow surged 1,125 points Tuesday, with tech stocks leading gains. S&P 500 and Dow still closed the quarter with their steepest losses since 2022. European and Asian markets also advanced.
Fidelity to Close Eight Canada Funds as Freedom 2045, 2015 Beat Benchmarks in Q4

Fidelity to Close Eight Canada Funds as Freedom 2045, 2015 Beat Benchmarks in Q4

Fidelity Investments Canada will close eight funds, with most terminations expected around July 24. The closures include several high-income ETFs and funds, plus two corporate-class funds pending securityholder approval in June. The affected products are already closed to new investors. Separately, Fidelity’s Freedom 2045 and 2015 funds outperformed their benchmarks in late 2025.
NVIDIA Corporation Bets $2 Billion on Marvell as Custom AI Chip Race Heats Up

NVIDIA Corporation Bets $2 Billion on Marvell as Custom AI Chip Race Heats Up

Nvidia invested $2 billion in Marvell Technology and expanded their partnership to integrate Marvell’s custom AI chips and networking with Nvidia systems. Marvell shares jumped 7% and Nvidia rose 2.7% after the announcement. The deal includes collaboration on custom processors and silicon photonics for faster, lower-power data transfer. Major tech firms are expected to spend at least $630 billion on AI infrastructure this year.
1 April 2026
Tesla Stock Jumps, but Q1 Deliveries Are the Real Test for Elon Musk’s EV Maker

Tesla Stock Jumps, but Q1 Deliveries Are the Real Test for Elon Musk’s EV Maker

Tesla shares climbed 4.6% Tuesday as Wall Street rebounded, but the stock ended the quarter down over 20%. Analysts expect Tesla’s quarterly vehicle deliveries to fall from the previous quarter, with consensus at 365,645. Tesla lost its global EV sales lead to BYD in 2025 and faces slowing growth forecasts. Europe remains tough, with BYD nearly matching Tesla’s market share in February.
Bitmine Immersion Technologies stock jumps after 71,179 ether buy, Pier Two deal

Bitmine Immersion Technologies stock jumps after 71,179 ether buy, Pier Two deal

Bitmine Immersion Technologies shares rose 8% Tuesday after it disclosed buying 71,179 ether last week, raising its holdings to 4.73 million tokens. The company said 66% of its ether is already staked, generating $177 million in annualized staking revenue. Bitmine also completed the acquisition of Australian staking firm Pier Two. Ether traded at $2,103.20, above Bitmine’s last reported valuation.
NVIDIA Corporation Puts $2 Billion Into Marvell as AI Chip Race Turns to Custom Designs

NVIDIA Corporation Puts $2 Billion Into Marvell as AI Chip Race Turns to Custom Designs

Nvidia invested $2 billion in Marvell Technology and expanded a partnership to integrate Marvell’s custom AI chips and networking with Nvidia systems. Nvidia shares rose 5.6%, Marvell jumped 12.8%. Marvell will supply processors compatible with Nvidia’s NVLink Fusion and collaborate on silicon photonics. The agreement follows a period of volatility for Nvidia’s stock and rising competition in AI chips.
RH Stock Tumbles After Revenue Miss, Weak Q1 Outlook Clouds Luxury Expansion Push

RH Stock Tumbles After Revenue Miss, Weak Q1 Outlook Clouds Luxury Expansion Push

RH shares fell sharply in after-hours trading Tuesday after the company missed fourth-quarter revenue and earnings estimates, reporting $842.6 million in revenue and $1.53 per share in adjusted earnings. The retailer warned first-quarter sales would decline 2% to 4%. RH cited $30 million in tariff-related impacts and $10 million from weather disruptions. The stock dropped from $139.98 to $114.07 after the report.
Nike Q3 Earnings Beat Estimates as Turnaround Gains Traction, but China and Tariffs Still Hurt

Nike Q3 Earnings Beat Estimates as Turnaround Gains Traction, but China and Tariffs Still Hurt

Nike reported flat third-quarter revenue at $11.28 billion, beating Wall Street estimates, but net income fell 35% to $520 million. Sales to retail partners rose 5%, offsetting a 4% drop in Nike Direct, while Greater China revenue slid 7%. Gross margin dropped to 40.2% due to higher North America tariffs. CEO Elliott Hill faces continued pressure as the company works to regain investor confidence.
31 March 2026
Wall Street Rebounds, but VIX Warning Still Flashes on Iran Relief Hopes

Wall Street Rebounds, but VIX Warning Still Flashes on Iran Relief Hopes

Nvidia invested $2 billion in Marvell Technology and expanded their AI chip partnership, sending Marvell shares up over 12% and Nvidia up 5.5% Tuesday afternoon. Marvell’s custom AI chips and networking gear will integrate with Nvidia’s NVLink Fusion platform. The companies will also collaborate on silicon photonics and AI-RAN for next-generation networks. Marvell traded at $99.06 and Nvidia at $174.23 by 12:55 p.m. PDT.
Apple Stock (AAPL) Gets Rare Barclays Sell as Soft iPhone Demand, AI Doubts Split Wall Street

Apple Stock (AAPL) Gets Rare Barclays Sell as Soft iPhone Demand, AI Doubts Split Wall Street

Barclays reiterated a Sell rating on Apple with a $248 price target, citing soft iPhone unit trends, even as Apple shares rose 2.8% to $253.65 Tuesday. The stock remains about 6% below its Jan. 2 close. Apple is testing new Siri features and saw China smartphone sales rise 23% in early 2026. Bulls cite stronger China demand, while bears warn AI upgrades may not drive a major replacement cycle.
Mortgage Rates Today: 30-Year Fixed Hovers Near Six-Month High as Spring Buyers Face Fresh Pressure

Mortgage Rates Today: 30-Year Fixed Hovers Near Six-Month High as Spring Buyers Face Fresh Pressure

U.S. 30-year mortgage rates held in the mid-6% range Tuesday, with Zillow at 6.25%, Bankrate at 6.61%, and Freddie Mac’s weekly benchmark at 6.38%. Bankrate’s Mortgage Rate Variability Index hit 8 out of 10, signaling wide gaps between lender offers. January single-family home prices rose 0.1% from December. The 10-year Treasury yield neared 4.5% last week.
31 March 2026
Natural Gas Price Today: European Gas Slips on Profit-Taking as EU Weighs New Crisis Measures

Natural Gas Price Today: European Gas Slips on Profit-Taking as EU Weighs New Crisis Measures

European natural gas prices fell 2.5% Tuesday, with the Dutch TTF contract at 53.55 euros/MWh by 09:03 GMT. Brussels is considering emergency measures as gas prices remain over 70% above pre-war levels and EU storage was only 28% full last week. Britain’s household energy price cap is projected to rise 18% in July. Euro zone inflation increased to 2.5% in March, driven partly by higher energy costs.
XRP Price Today: Why Fresh Inflows Still Can’t Stop the Slide Toward $1.30

XRP Price Today: Why Fresh Inflows Still Can’t Stop the Slide Toward $1.30

XRP fell near $1.31 Tuesday, down 2% in its third straight daily decline, as a broad crypto sell-off outweighed fresh inflows. Open interest in crypto futures dropped over 3% in 24 hours, with traders cutting leverage. XRP’s market value stood at $81.1 billion, with $1.86 billion in daily turnover. Ripple-backed Keyrock was valued at $1.1 billion after a funding round led by Standard Chartered’s SC Ventures.
Bitcoin Price Today: BTC Briefly Tops $68,000 as Iran Off-Ramp Talk Lifts Risk Mood

Bitcoin Price Today: BTC Briefly Tops $68,000 as Iran Off-Ramp Talk Lifts Risk Mood

Bitcoin rose 1.2% to $67,557 on Tuesday after briefly topping $68,000, following reports President Trump may ease the U.S. military campaign against Iran. U.S. spot bitcoin ETFs saw $69.4 million in net inflows on March 30, reversing some of last week’s outflows. Strategy reported no new bitcoin purchases for March 23-29, holding 762,099 coins at an average $75,694 each. Ether climbed 2.8% to $2,096.20.
31 March 2026
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Stock Market Today

  • Scotia Lowers Metro (TSE:MRU) Price Target to C$96 Amid Mixed Analyst Ratings
    April 23, 2026, 3:09 PM EDT. Scotia reduced its price target for Metro (TSE:MRU) from C$103 to C$96, maintaining a 'sector perform' rating with a 6.65% upside potential, according to BayStreet.CA. Other banks like Canadian Imperial Bank of Commerce and BMO Capital Markets also cut targets, while Royal Bank of Canada raised theirs slightly. The stock traded at C$90.01, below its 50-day and 200-day moving averages, with a market cap of C$19.19 billion. Metro posted Q1 earnings of C$1.11 per share on C$5.11 billion revenue, showing a 4.44% net margin. The consensus remains a 'Hold' with an average target price of C$103.63. Insider sales in January totaled over C$183,000, highlighting mixed signals amid cautious investor sentiment.

Latest article

Salesforce Stock News: Choreo and Sumitomo Mitsui Cuts Resurface, but the Filings Are Months Old

Salesforce Expands Google Cloud AI Partnership as CRM Stock Slides in Software Selloff

23 April 2026
LAS VEGAS, April 23, 2026, 11:34 PDT Salesforce and Google Cloud expanded their AI partnership on Wednesday, adding integrations that let Salesforce’s Agentforce tools — AI agents built to handle multi-step tasks with limited human input — work across Slack, Google Workspace and Gemini Enterprise. Salesforce shares were down about 9% on Thursday, a sign investors still want harder proof that new AI products can translate into durable growth. (Salesforce) The timing is awkward for Salesforce. Analysts polled by LSEG expect the company to deliver its fastest quarterly revenue growth in 13 quarters. But the software and services index is
ServiceNow stock tumbles despite Q1 beat and higher 2026 outlook

ServiceNow stock tumbles despite Q1 beat and higher 2026 outlook

23 April 2026
ServiceNow shares dropped 18.7% to $83.77 after reporting first-quarter results that beat estimates and raising its 2026 subscription revenue forecast. Investors focused on delayed Middle East government deals, which cut subscription growth by 0.75 percentage point, and concerns over AI’s impact on software demand.
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