Today: 23 April 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.

Blackstone Names Tommy Fleetwood First Global Brand Ambassador as Wealth Management Push Heats Up

Blackstone Names Tommy Fleetwood First Global Brand Ambassador as Wealth Management Push Heats Up

Blackstone named golfer Tommy Fleetwood as its first global brand ambassador as it targets wealthy individual investors, with private-wealth assets reaching $302 billion at end-2025. Fleetwood, ranked world No. 4, will wear Blackstone’s logo and appear at client events. The move comes as rivals like Carlyle expand in private wealth and U.S. regulators consider opening retirement plans to private assets.
31 March 2026
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Marvell Stock Back in Focus After Nvidia’s $2 Billion Bet on AI Networking

Marvell Stock Back in Focus After Nvidia’s $2 Billion Bet on AI Networking

Nvidia invested $2 billion in Marvell Technology and expanded their AI infrastructure partnership, sending Marvell shares higher in premarket trading Tuesday. Marvell projects fiscal 2027 revenue near $11 billion after reporting record 2026 sales and a 21% jump in fourth-quarter data-center revenue. The deal focuses on custom AI chips and high-speed networking. Broadcom is also targeting this market.
31 March 2026
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Oracle Layoffs Hit India After 6 a.m. Emails, Raising Fresh AI Spending Questions

Oracle Layoffs Hit India After 6 a.m. Emails, Raising Fresh AI Spending Questions

Oracle employees in India began receiving layoff emails early Tuesday, with no official headcount disclosed by late in the day, Indian media reported. The company’s latest filing raised estimated fiscal 2026 restructuring costs to $2.1 billion, mostly for severance. Oracle is continuing with $50 billion in planned capital spending for AI data centers.
31 March 2026
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India Stock Market Outlook: Sensex, Nifty Enter New Fiscal Year on Edge as Oil Surges, Rupee Cracks 95

India Stock Market Outlook: Sensex, Nifty Enter New Fiscal Year on Edge as Oil Surges, Rupee Cracks 95

The Sensex fell 1,635.67 points and the Nifty 50 dropped 488.2 points on Monday, capping their worst fiscal-year losses since 2020. The rupee hit a record low of 95.21 per dollar before closing at 94.83, down 11% for the year. Foreign investors pulled $19.69 billion from Indian equities, while Brent crude hovered near $115 a barrel. Indian cash markets are closed March 31 and April 3.
31 March 2026
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Michigan Approves $276.6 Million Consumers Energy Rate Hike, Bigger Bills Due in May

Michigan Approves $276.6 Million Consumers Energy Rate Hike, Bigger Bills Due in May

Michigan regulators approved a $276.6 million electricity rate increase for Consumers Energy, raising typical residential bills by $6.46 per month starting May 1. The Michigan Public Service Commission cut nearly 40% from the company’s original request. Consumers serves about 1.9 million customers statewide. Attorney General Dana Nessel criticized the decision as another burden on households.
31 March 2026
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Michigan Gas Prices Near $4 as F-150 Fill-Ups Top $100 and Drivers Line Up for Cheaper Gas

Michigan Gas Prices Near $4 as F-150 Fill-Ups Top $100 and Drivers Line Up for Cheaper Gas

Michigan’s average gas price fell to $3.915 a gallon Tuesday, according to AAA, but remains 92 cents higher than a month ago. Filling a 26-gallon Ford F-150 now costs about $102. The U.S. average topped $4 for the first time in over three years as the Iran war disrupted oil shipments. Some Michigan stations, like a Sam’s Club in Madison Heights, offered regular for $3.49, drawing long lines.
31 March 2026
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Goldman Sachs Keeps $5,400 Gold Price Target After Gold’s Worst Month Since 2008

Goldman Sachs Keeps $5,400 Gold Price Target After Gold’s Worst Month Since 2008

Gold rose 1.1% to $4,559.46 an ounce Tuesday but remains down over 13% for March, its steepest monthly drop since 2008. Goldman Sachs maintained its $5,400 end-2026 target, while HSBC and Commerzbank were less bullish. Central-bank gold buying slowed in January, according to the World Gold Council. Analysts cited high oil prices, a strong dollar, and fading Fed cut hopes as risks.
31 March 2026
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Atmos Energy Extends $3 Billion Credit Lines to 2029 and 2031 as Texas Blast Scrutiny Builds

Atmos Energy Extends $3 Billion Credit Lines to 2029 and 2031 as Texas Blast Scrutiny Builds

Atmos Energy extended maturities on two $1.5 billion credit lines to 2029 and 2031, according to a March 30 SEC filing. The move comes as the utility faces scrutiny after a March 19 home explosion in Lake Dallas, where a lawsuit alleges gas migrated from Atmos facilities; the company says its system is operating normally. Atmos expects $4.2 billion in capital spending for fiscal 2026 and reaffirmed its earnings guidance.
31 March 2026
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Snap Stock Rebounds, but EU Child-Safety Probe Keeps Pressure on Snapchat Owner

Snap Stock Rebounds, but EU Child-Safety Probe Keeps Pressure on Snapchat Owner

Snap Inc shares rose 2.5% Monday to $4.02, rebounding slightly after last week’s EU child-safety probe sent the stock near a 52-week low. Brussels is investigating Snapchat under the Digital Services Act for possible failures to protect minors from grooming and illegal content. Snap said it is cooperating. The company is under regulatory pressure globally as it shifts focus to subscriptions and direct revenue.
31 March 2026
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New Hampshire Moves on Bitcoin ATM Scam Bill as Seniors Bear Heavy Fraud Losses

New Hampshire Moves on Bitcoin ATM Scam Bill as Seniors Bear Heavy Fraud Losses

The New Hampshire Senate approved a bill requiring cryptocurrency ATM operators to refund scam victims who report fraud within 14 days. Losses at Bitcoin ATMs nationwide topped $65 million in the first half of 2024, with older Americans making up 71% of reported losses. The bill also mandates identity checks, daily transaction caps, and a 48-hour hold on first-time transactions. The measure now heads to the House.
31 March 2026
Wells Fargo Outage Today: Thousands Report Online Banking and App Login Problems

Wells Fargo Outage Today: Thousands Report Online Banking and App Login Problems

Wells Fargo’s online and mobile banking services were down for thousands of U.S. customers Monday, with Downdetector logging over 6,000 outage reports by 8 a.m. Pacific. Users reported login failures and missing account information. The bank directed customers to ATMs, branches, and phone support while working to restore access. Wells Fargo had not explained the cause by early afternoon.
31 March 2026
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SCHD ETF Rebalance Adds Abbott, UnitedHealth as Dividend Fund Inflows Hit 4-Year High

SCHD ETF Rebalance Adds Abbott, UnitedHealth as Dividend Fund Inflows Hit 4-Year High

Schwab’s U.S. Dividend Equity ETF (SCHD) increased health care holdings to 18.5% in its annual rebalance, adding Abbott Laboratories and UnitedHealth Group near the top at about 3.8% each. SCHD attracted $4 billion in Q1 as U.S. dividend funds pulled in $24.1 billion, the highest first-quarter inflow in four years. SCHD closed at $30.48 Monday, up 0.13%.
30 March 2026
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IBM Stock Rises, but AI Bet and Q4 Beat Still Can’t Shake Selloff Fears

IBM Stock Rises, but AI Bet and Q4 Beat Still Can’t Shake Selloff Fears

IBM shares rose 0.4% Monday but remain nearly 27% below their 52-week high after a sharp early-year selloff. The company completed its $11 billion Confluent acquisition on March 17 and will report first-quarter results April 22. IBM stopped disclosing standalone AI revenue, removing a key metric for investors. Bank of America reiterated a Buy rating and $340 target on March 10.
30 March 2026
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GE Vernova Stock Falls, but 2026 Gas Orders and a $40 Billion Nuclear Plan Keep It in Focus

GE Vernova Stock Falls, but 2026 Gas Orders and a $40 Billion Nuclear Plan Keep It in Focus

GE Vernova shares dropped 4% Monday to $818.46 despite company statements on rising 2026 gas orders and new U.S.-Japan energy deals. CEO Scott Strazik said new heavy-duty gas turbines cannot ship before 2029, with commissioning possibly in 2031. The company expects first-quarter gas contracts of 12–24 gigawatts, up from 8 gigawatts a year earlier. Electrification backlog is projected to double to $60 billion by 2028.
30 March 2026
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Broadcom vs Oracle vs Marvell: Fresh AI Stock Calls Put Custom Chips in Focus

Broadcom vs Oracle vs Marvell: Fresh AI Stock Calls Put Custom Chips in Focus

Broadcom was favored over Oracle and Marvell in Monday investment commentary, citing its AI chip growth and scale. Broadcom reported first-quarter AI revenue up 106% to $8.4 billion and forecast $10.7 billion for the current quarter. Oracle was noted for strong multicloud database growth, while Marvell was described as riskier with higher potential upside. Supply constraints and customer concentration remain key risks.
30 March 2026
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Oracle Stock’s AI Bet Faces Fresh Test as Dividend Fears Clash With New Bull Call

Oracle Stock’s AI Bet Faces Fresh Test as Dividend Fears Clash With New Bull Call

Oracle shares fell 0.9% to $138.40 Monday, now down nearly 60% from September highs, as investors weighed heavy AI infrastructure spending against negative free cash flow. Oracle reported a 22% revenue jump to $17.2 billion and a 325% surge in future contracted revenue, but free cash flow stood at negative $24.7 billion. The board maintained its 50-cent dividend amid debate over sustainability.
30 March 2026
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Natural Gas Price Today: Europe Gas Holds Near €54 as EU Rushes to Protect Winter Supply

Natural Gas Price Today: Europe Gas Holds Near €54 as EU Rushes to Protect Winter Supply

Europe’s benchmark natural gas price held near 54 euros/MWh Monday as EU ministers planned emergency talks after Middle East turmoil drove prices up over 70% since late February. EU gas storage averaged just 28% full last week, with Germany’s inflation rate rising to 2.8% in March on higher energy costs. Global LNG supply forecasts have been cut after disruptions in Qatar and shipping delays. Exxon and QatarEnergy’s Golden Pass plant in Texas produced its first LNG on Monday.
30 March 2026
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Stock Market Today

  • ARK Innovation ETF (ARKK) Falls Below 200-Day Moving Average at $46.28
    April 23, 2026, 4:43 PM EDT. Shares of ARK Innovation ETF (ARKK) dipped below its 200-day moving average of $46.28 on Thursday, trading as low as $45.45. This technical indicator, followed by investors to gauge trend direction, signals potential bearish momentum. ARKK shares were down about 1.1% on the day. The ETF's 52-week range spans from $33.76 to $54.52, with the latest trade at $46.09. This move below the key moving average could attract increased market attention on ARKK's near-term trajectory amid ongoing volatility in tech-focused funds.

Latest article

Lucid Group stock tumbles as Uber stake fails to ease funding worries

Lucid Group stock tumbles as Uber stake fails to ease funding worries

23 April 2026
Lucid Group shares fell 9.6% to $6.25 Thursday after Uber disclosed an 11.52% stake, totaling 37.75 million shares, in a regulatory filing. The drop followed Lucid’s $1.05 billion capital raise last week, including $500 million from Uber and $550 million from Saudi Arabia’s PIF affiliate. Lucid produced 5,500 vehicles and delivered 3,093 in Q1, missing estimates after a supplier issue halted Gravity SUV deliveries.
Palantir Wins $300 Million USDA Deal Ahead of Key May Earnings

Palantir Wins $300 Million USDA Deal Ahead of Key May Earnings

23 April 2026
Palantir signed a $300 million software agreement with the U.S. Department of Agriculture, expanding its government business ahead of its May 4 earnings report. Shares fell 7.2% Thursday despite the deal. The USDA said Palantir’s platform enabled rapid rollout of February’s $11 billion Farmer Bridge Assistance Program. The contract is a Blanket Purchase Agreement, allowing repeated orders over time rather than a single payment.
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