Today: 3 April 2026

Khadija Saeed

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

AMAT stock pops on Mizuho upgrade as Applied Materials gets a $370 target

AMAT stock pops on Mizuho upgrade as Applied Materials gets a $370 target

Applied Materials shares rose 1.1% to $336.21 by midday after Mizuho upgraded the stock and raised its price target to $370, citing higher chip-factory tool spending. Mizuho expects wafer fab equipment growth of 13% in 2026, but predicts Applied’s China revenue will fall about 4%. Investors await the company’s Feb. 12 earnings for updates on orders and outlook.
Eli Lilly stock drops today: LLY slides after $1.12 billion gene-editing deal and Medicare pricing signal

Eli Lilly stock drops today: LLY slides after $1.12 billion gene-editing deal and Medicare pricing signal

Eli Lilly shares fell 2.4% to $1,015.05 Wednesday after the company announced a gene-editing deal with Seamless Therapeutics worth up to $1.12 billion. The U.S. government included Lilly’s Trulicity in the next round of Medicare drug-price negotiations, raising pricing concerns. Obesity drug rivals increased ad spending, intensifying competition.
Seagate stock jumps 21% after forecast beat as AI storage demand tightens

Seagate stock jumps 21% after forecast beat as AI storage demand tightens

Seagate Technology Holdings surged 21% to $448.79 after beating quarterly estimates and raising its outlook above Wall Street forecasts. The rally lifted storage peers and pushed the S&P 500 above 7,000. Seagate projected third-quarter revenue of about $2.9 billion and adjusted EPS of $3.40, both ahead of analyst expectations. Investors await further storage sector earnings Thursday.
Lam Research stock price wobbles ahead of earnings as Wall Street braces for a big move

Lam Research stock price wobbles ahead of earnings as Wall Street braces for a big move

Lam Research shares fell 0.1% to $238.15 by midday, nearing session lows ahead of its quarterly earnings due after the close. Options traders expect a swing of about 7.9% in either direction following results. Analysts forecast earnings of $1.17 per share on $5.24 billion revenue. Mizuho raised its price target to $265, citing accelerating wafer fab equipment spending.
Corning stock slides as traders digest Q1 outlook and Meta’s $6 billion fiber deal

Corning stock slides as traders digest Q1 outlook and Meta’s $6 billion fiber deal

Corning shares fell 3.2% to $106.18 by late morning Wednesday after volatile trading. The company reported fourth-quarter core sales up 14% to $4.41 billion and expects first-quarter core sales of $4.2–$4.3 billion, above estimates. Corning and Meta announced a U.S. data-center supply deal worth up to $6 billion, driving expansion in North Carolina.
Amphenol stock price slides 11% after record results; investors wait on CCS details

Amphenol stock price slides 11% after record results; investors wait on CCS details

Amphenol shares fell 11% to $147.69 Wednesday despite reporting record Q4 sales of $6.4 billion and raising its Q1 outlook. The stock dropped $18.56 from its prior close, with 16.4 million shares traded. Investors focused on margins and IT datacom demand as the company integrates its CommScope CCS acquisition. Executives will address questions at a 1 p.m. ET call.
GE Vernova stock wobbles after earnings as GEV lifts 2026 forecast but flags Vineyard Wind hit

GE Vernova stock wobbles after earnings as GEV lifts 2026 forecast but flags Vineyard Wind hit

GE Vernova raised its 2026 revenue forecast to $44–$45 billion and reported a $150 billion backlog, sending shares up 0.4% to $695.58 Wednesday. The company warned its wind division could lose $250 million in revenue this year due to Vineyard Wind delays. Fourth-quarter orders jumped 65% to $22.2 billion. GE Vernova’s acquisition of Prolec GE is set to close February 2.
Netflix stock price slips as Senate sets Feb. 3 hearing on Warner deal, NFLX traders eye next catalysts

Netflix stock price slips as Senate sets Feb. 3 hearing on Warner deal, NFLX traders eye next catalysts

Netflix shares fell 0.8% to $84.92 as the Senate Judiciary antitrust subcommittee set a Feb. 3 hearing on Netflix’s $83 billion bid for Warner Bros Discovery assets. Senator Mike Lee warned the deal could sideline a competitor and pressed both firms on data safeguards. Warner Bros Discovery shares slipped 0.3%. The S&P 500 rose 0.3%, passing 7,000.
JPMorgan stock price holds near $300 as bank backs $1,000 ‘Trump Accounts’ match and traders eye the Fed

JPMorgan stock price holds near $300 as bank backs $1,000 ‘Trump Accounts’ match and traders eye the Fed

JPMorgan Chase shares were little changed Wednesday after the bank said it will match the U.S. government’s $1,000 “Trump Account” contributions for employees’ children. Bank of America will also match the benefit, according to an internal memo. Investors focused on the Federal Reserve’s rate decision, with bank stocks mostly flat. JPMorgan’s average loans rose 9% last quarter.
Oracle stock price today: ORCL edges higher as TikTok outage and new cloud wins grab focus

Oracle stock price today: ORCL edges higher as TikTok outage and new cloud wins grab focus

Oracle shares rose 0.5% to $175.76 Wednesday morning after a 4.1% drop Tuesday. The company blamed a weekend TikTok outage on a weather-related power failure at a data center. California Governor Gavin Newsom said his office is reviewing TikTok’s moderation after the incident. Oracle also announced new cloud deals in Saudi Arabia and a planned cloud region in Kenya.
Intel stock price jumps nearly 10% as chip rally lifts INTC; CFO buy draws attention

Intel stock price jumps nearly 10% as chip rally lifts INTC; CFO buy draws attention

Intel shares jumped 9.6% to $48.16 by late morning Wednesday, rebounding from last week’s warning on AI chip supply and cautious outlook. The rally followed strong results from SK Hynix and ASML, lifting semiconductor stocks and pushing the S&P 500 above 7,000. CFO David Zinsner disclosed buying 5,882 shares at $42.50 each. Investors remain focused on Intel’s ability to meet demand and execute its foundry strategy.
Boeing stock slips after earnings boost, cash-flow guide takes center stage

Boeing stock slips after earnings boost, cash-flow guide takes center stage

Boeing shares fell about 1% to $242 in morning trading after Q4 earnings were lifted by a $9.6 billion divestiture gain. Management reaffirmed a positive 2026 free cash flow outlook despite costs from the Spirit AeroSystems integration and a new KC-46 charge. Investors remain focused on 737 MAX production rates and delays in 777X certification. Fourth-quarter free cash flow reached $375 million.
CoreWeave stock slips in New York as Nvidia deal digested; CRWV traders eye next earnings

CoreWeave stock slips in New York as Nvidia deal digested; CRWV traders eye next earnings

CoreWeave shares fell 1.3% to $107.44 Wednesday after volatile trading, following Nvidia’s $2 billion equity purchase at $87.20 per share. The companies plan to develop over 5 gigawatts of AI data centers by 2030. Investors remain focused on CoreWeave’s financing and power buildout. Nvidia shares rose 1.3% the same day.
Natural gas prices cool after storm spike — EQT and gas stocks hold up as traders eye storage

Natural gas prices cool after storm spike — EQT and gas stocks hold up as traders eye storage

February U.S. natural gas futures fell about 6% to $6.53/mmBtu ahead of contract expiration Wednesday, following a weather-driven spike earlier in the week. Output in the Lower 48 states averaged 106.9 bcfd in January, down from December’s record. EQT shares rose 1.8% in early trading. LNG and crude exports from the Gulf Coast briefly halted over the weekend before resuming.
XRP price today: token holds near $1.90 as Fed decision nears, dollar stays soft

XRP price today: token holds near $1.90 as Fed decision nears, dollar stays soft

XRP rose about 1% to near $1.90 Wednesday after swinging between $1.88 and $1.94. Bitcoin gained 1.9% to $89,185, while ether advanced nearly 2.9% to $2,999. The moves came as traders awaited the Federal Reserve’s policy statement and Chair Jerome Powell’s remarks. The dollar hovered near four-year lows after President Trump dismissed concerns over its decline.
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Stock Market Today

  • Corn Futures Mixed as Export Sales Lag and Crude Oil Surges Following Geopolitical Strain
    April 3, 2026, 5:59 AM EDT. Corn futures traded mixed on Thursday with minor declines in front-month contracts amid a 3/4 cent rise in the national average cash corn price to $4.15 3/4. Export sales data showed a 5.6% weekly drop to 1.15 million metric tons (MMT) of old crop corn, missing expectations at the lower end, while new crop sales slightly exceeded estimates. Crude oil prices jumped $10.54 midday, driven by renewed geopolitical tensions after U.S. President Trump's remarks hinted at extended strikes near the Strait of Hormuz. February corn grinding for ethanol rose 0.73% year-on-year but fell 8% from January. February exports from Census data hit a record 6.77 MMT, up 2.44% from January. May corn futures declined 1 cent to $4.53 1/4; December contracts gained 1 1/4 cents to $4.82 1/2.
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