Today: 24 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.

VIX Retreats as Bitcoin Reclaims $70,000 After Iran Shock Whipsaws Wall Street

VIX Retreats as Bitcoin Reclaims $70,000 After Iran Shock Whipsaws Wall Street

The Cboe Volatility Index fell to 24.93 Tuesday after spiking to 35.3 on Monday, its highest since April 2025, as oil prices plunged over 11% and bitcoin climbed above $70,000. The S&P 500 slipped 0.21%, the Dow lost 0.07%, and the Nasdaq rose 0.01%. Tech stocks gained while energy shares dropped. The U.S. Navy told shippers it could not provide escorts through the Strait of Hormuz due to ongoing attack risks.
11 March 2026
Intel Corporation launches Core Series 2 edge AI chips as turnaround pressure builds

Intel Corporation launches Core Series 2 edge AI chips as turnaround pressure builds

Intel launched its Core Series 2 processors for industrial systems and previewed a Health & Life Sciences Edge AI suite at Embedded World in Nuremberg on Monday. The new chips target factories, robotics, and patient monitoring, and are designed for predictable response times with up to 12 performance cores. Intel shares rose 2.6% to $46.78 Tuesday. CEO Lip-Bu Tan continues to restructure the company amid supply constraints and leadership changes.
10 March 2026
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NIO Stock Jumps After First Quarterly Profit as Strong Forecast Tests China EV Skeptics

NIO Stock Jumps After First Quarterly Profit as Strong Forecast Tests China EV Skeptics

NIO reported its first quarterly net profit, posting 282.7 million yuan for Q4, compared to a 7.11 billion yuan loss a year earlier. Quarterly revenue jumped 75.9% to 34.65 billion yuan, with deliveries up 71.7% to 124,807 vehicles. Shares rose 15.2% after the results beat analyst forecasts. NIO expects Q1 revenue of up to 25.18 billion yuan and deliveries of up to 83,000 vehicles.
10 March 2026
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AeroVironment stock slides as drone maker cuts 2026 outlook after SCAR setback

AeroVironment stock slides as drone maker cuts 2026 outlook after SCAR setback

AeroVironment lowered its full-year revenue and adjusted earnings forecast after the U.S. government moved to end the BADGER agreement linked to the Space Force’s SCAR program. Shares fell in after-hours trading following a revenue miss and a $151.3 million goodwill impairment, which led to a net loss of $156.6 million for the fiscal third quarter. The company now expects fiscal 2026 revenue below Wall Street estimates.
10 March 2026
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Amazon bond sale could hit $42 billion as AI spending race intensifies

Amazon bond sale could hit $42 billion as AI spending race intensifies

Amazon is seeking $37 billion to $42 billion in a bond sale across dollars and euros, with U.S. orders reaching $126 billion, Bloomberg reported. The dollar portion was increased to $37 billion, with a 10 billion euro sale expected Wednesday, according to the Financial Times. Amazon plans $200 billion in capital expenditures this year, up from $131 billion in 2025. The company last raised $15 billion in November.
10 March 2026
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American Airlines Extends $3.11 Billion Credit Lines to 2031 as Fuel Spike Threatens Margins

American Airlines Extends $3.11 Billion Credit Lines to 2031 as Fuel Spike Threatens Margins

American Airlines expanded its revolving credit lines to $3.11 billion and extended maturities to March 2031, according to a Monday SEC filing. The move follows a spike in jet-fuel costs and comes as American carries $36.5 billion in debt, more than other major U.S. airlines. Shares fell 1.4% Tuesday. American will present at the J.P. Morgan Industrials Conference on March 17.
10 March 2026
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S&P 500 Correction Warning Grows as Oil Shock, Fed Fears Split Wall Street

S&P 500 Correction Warning Grows as Oil Shock, Fed Fears Split Wall Street

The S&P 500 slipped 0.21% to 6,781.48 on Tuesday, with investors split over whether the recent pullback signals a deeper correction or a temporary shock tied to oil and war headlines. Brent crude dropped 11% after surging past $119, and the VIX topped 30 for the first time in nearly a year. The Dow fell 0.07%, while the Nasdaq edged up 0.01%. Nvidia rose 1.2%; Oracle jumped over 7% after earnings.
10 March 2026
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KLA Corporation stock rises as Barclays lifts chip-equipment outlook ahead of investor day

KLA Corporation stock rises as Barclays lifts chip-equipment outlook ahead of investor day

KLA shares climbed Tuesday after Barclays raised its chip equipment spending forecast, citing strong AI data center demand. Barclays now expects wafer fab equipment spending to rise 24% in 2026 to $139 billion, up from a previous 7% estimate. KLA last reported quarterly revenue of $3.3 billion, beating expectations, and forecast March-quarter revenue of $3.35 billion. U.S. export rules remain a risk for KLA’s China business.
10 March 2026
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Why Accenture Stock Is Sliding Ahead of March 19 Earnings After Truist Target Cut

Why Accenture Stock Is Sliding Ahead of March 19 Earnings After Truist Target Cut

Accenture shares fell 3.7% Tuesday after Truist cut its price target to $260 and warned of possible pressures ahead of the March 19 earnings report. The stock traded at $201.62 late in the session, underperforming IBM and Cognizant. Truist cited weak enterprise AI adoption and risks to 2027 estimates if partner spending slows. Accenture recently agreed to buy Ziff Davis's Connectivity division for $1.2 billion.
10 March 2026
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Delta Air Lines Stock Falls as Fuel-Cost Surge Clouds 2026 Outlook

Delta Air Lines Stock Falls as Fuel-Cost Surge Clouds 2026 Outlook

Delta Air Lines shares fell about 1% to $59.98 Tuesday as jet-fuel costs surged following Middle East conflict disruptions. Delta said each 1-cent rise in jet fuel adds $40 million to annual expenses, with fuel making up 17% of 2025 operating costs. United and American Airlines stocks also dropped. Delta canceled some New York–Tel Aviv flights through March 23.
10 March 2026
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CrowdStrike Stock Gets Morgan Stanley Upgrade as Strong Outlook Blunts AI Fears

CrowdStrike Stock Gets Morgan Stanley Upgrade as Strong Outlook Blunts AI Fears

CrowdStrike shares held steady at $434.25 Tuesday after Morgan Stanley upgraded the stock and raised its price target to $510. The company forecast fiscal 2027 revenue above Wall Street estimates and reported fourth-quarter revenue up 23% to $1.31 billion. Costs tied to the July 2024 Windows outage rose to $117.7 million for fiscal 2026 but narrowed last quarter. CrowdStrike recently agreed to acquire SGNL and Seraphic Security.
10 March 2026
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AbbVie Obesity Drug ABBV-295 Hits Up to 9.8% Weight Loss in Early Trial

AbbVie Obesity Drug ABBV-295 Hits Up to 9.8% Weight Loss in Early Trial

AbbVie said its experimental obesity drug ABBV-295 led to up to 9.79% weight loss in adults over 12 weeks in a 76-patient phase 1 trial, with no serious adverse events reported. Weekly and less-frequent dosing schedules showed similar results, while placebo groups saw little change. The study population was mostly male with a mean BMI under 30. ABBV-295 is not approved and remains in early-stage testing.
10 March 2026
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United Airlines Stock Falls as Fuel Spike Threatens 2026 Earnings Outlook

United Airlines Stock Falls as Fuel Spike Threatens 2026 Earnings Outlook

United Airlines shares dropped 2.5% to $92.20 Tuesday after jet-fuel prices surged to as much as $200 a barrel, far above recent levels. The airline, which does not hedge fuel, warned of a “meaningful” hit to first-quarter results, with TD Cowen estimating profit could fall to as low as 5 cents a share. Delta and American also traded lower. United’s executives are set to address investors March 17.
10 March 2026
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Oil Prices Tumble 15% After Trump Signals Iran War Could End Soon

Oil Prices Tumble 15% After Trump Signals Iran War Could End Soon

Brent crude dropped $14.23 to $84.73 a barrel and U.S. crude fell to $80.31 after Trump said the Iran war could end soon. G7 ministers declined to release emergency oil reserves, asking the IEA to study options instead. U.S. and Israeli forces intensified strikes on Iran, while Tehran threatened to block oil exports. Oil tanker traffic through the Strait of Hormuz remains down 97% since February 28.
10 March 2026
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BlackRock warns Middle East supply shock may lift inflation, but sees weeks-long disruption

BlackRock warns Middle East supply shock may lift inflation, but sees weeks-long disruption

BlackRock warned that the Middle East conflict is causing an energy-led supply shock likely to keep inflation pressure high, but expects the disruption to last weeks, not months. The firm maintained an underweight position in long-term U.S. Treasuries and favored U.S. and Japanese stocks. Brent crude fell to $86.50 after surging above $119. BlackRock said the impact is concentrated in LNG infrastructure, with Europe and Asia most exposed.
10 March 2026
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Johnson & Johnson Moves Tecvayli Earlier in Europe After FDA Myeloma Nod

Johnson & Johnson Moves Tecvayli Earlier in Europe After FDA Myeloma Nod

Johnson & Johnson filed with the European Medicines Agency to expand Tecvayli’s use as a solo treatment for adults with relapsed or refractory multiple myeloma after one prior therapy. The filing follows U.S. approval of Tecvayli with Darzalex last week and is supported by a phase 3 trial showing Tecvayli reduced disease progression or death by 71% versus standard care.
10 March 2026
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Oil Prices Crash 13%: Brent and WTI Tumble as Trump Signals Iran War May End Soon

Oil Prices Crash 13%: Brent and WTI Tumble as Trump Signals Iran War May End Soon

Oil prices fell over 13% Tuesday after President Trump said the Iran war could end soon, with Brent crude dropping $12.46 to $86.50 a barrel. OPEC supply cuts and Gulf shipping threats had pushed Brent to $119.50 Monday. The U.S. Energy Information Administration expects Brent to stay above $95 for two months. Saudi Aramco, ADNOC, and Kuwait cut output as nearly 1.9 million bpd of Gulf refining capacity remains offline.
10 March 2026
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Stock Market Today

  • PXR.AX Intraday Volume Surges Past 50M Shares Amid Liquidity Test
    March 23, 2026, 10:06 PM EDT. Shares of Pacific Resources Limited (PXR.AX) recorded a massive intraday volume of 50.38 million on March 24, 2026, over 23 times its 30-day average. Despite this surge, the stock price remained steady at A$0.001, reflecting no fresh valuation shifts but indicating potential block trades or position rebalancing. With a low market cap near A$3.6 million and thin float, large trades can cause significant volume without affecting price. Technical indicators highlight strong volume activity but price stagnation, and the stock bears risks from low liquidity and lack of earnings data. Traders should watch for follow-through volume and price movement above A$0.0016 for signs of buying interest. Meyka AI assigns a 'Hold' rating, signaling cautious monitoring ahead.
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