Today: 24 April 2026

Khadija Saeed

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

VIX Fear Gauge Above 30 Puts Wall Street at a Crossroads: Buy Stocks or Brace for More Pain?

VIX Fear Gauge Above 30 Puts Wall Street at a Crossroads: Buy Stocks or Brace for More Pain?

Wall Street opened higher Monday, with the Dow up 116 points, but the VIX stayed elevated at 30.79 after last week’s spike. All three major indexes posted a fifth straight weekly loss Friday, their longest streak in nearly four years. Oil prices rose as Brent topped $116 a barrel amid Middle East tensions. Morgan Stanley downgraded global equities and upgraded cash and U.S. Treasuries, citing persistent uncertainty.
30 March 2026
CrowdStrike Stock Rises After Wolfe Upgrade as Anthropic AI Fears Turn Into Cybersecurity Spending Bet

CrowdStrike Stock Rises After Wolfe Upgrade as Anthropic AI Fears Turn Into Cybersecurity Spending Bet

CrowdStrike shares rose about 3% premarket Monday after Wolfe Research upgraded the stock to Outperform, citing expected higher security spending tied to Anthropic’s upcoming AI model. Wolfe set a $450 price target and said the new AI could trigger a “machine speed cyberwar.” CrowdStrike reported $5.25 billion in annual recurring revenue earlier this month. Friday’s AI-driven selloff hit other cybersecurity stocks, including Palo Alto Networks and Zscaler.
Nvidia Stock Hits 7-Year Valuation Low Even as New AI Orders Roll In

Nvidia Stock Hits 7-Year Valuation Low Even as New AI Orders Roll In

Nvidia shares are trading at their lowest forward price-to-earnings multiple since 2019, nearly 20% below their October peak, despite strong demand and a forecast for 70% earnings growth this year. The stock now trades at about 19.6 times expected earnings, below the S&P 500 average. Amazon Web Services has agreed to buy 1 million Nvidia GPUs by 2027. Some analysts expect Nvidia’s market share to erode as rivals and custom chips gain ground.
India Bank Holidays This Week: Why March-End Closures Could Delay Some Salary Credits

India Bank Holidays This Week: Why March-End Closures Could Delay Some Salary Credits

Bank branches across India face multiple closures from March 28 to April 3 due to holidays and the financial year-end, affecting cheque clearances and cash transactions. Only agency banks will keep select branches open on March 31 for government business. Digital banking, ATMs, and UPI remain operational. Closures vary by state, with major cities affected on March 31 and April 1.
Stock Market Crash Fears Rise as Oil, Bond Yields and Volatility Hit Wall Street at Once

Stock Market Crash Fears Rise as Oil, Bond Yields and Volatility Hit Wall Street at Once

The Dow and Nasdaq entered correction territory after Friday’s sell-off, with the S&P 500 close behind. Brent crude rose to $114.99 a barrel and U.S. crude to $101.36 following Houthi attacks. Bond yields climbed, and Federal Reserve officials are monitoring inflation risks. Major banks remain divided on the outlook, with Morgan Stanley warning of steep valuation drops if oil prices stay elevated.
30 March 2026
Sysco to Buy Restaurant Depot for $29.1 Billion in Push for Independent Restaurants

Sysco to Buy Restaurant Depot for $29.1 Billion in Push for Independent Restaurants

Sysco will acquire Jetro Restaurant Depot for $29.1 billion in cash and stock, giving Jetro shareholders $21.6 billion in cash and 91.5 million Sysco shares. Sysco shares fell about 1% before the New York open, and the company will pause buybacks but maintain its annual outlook. Jetro will operate as a standalone unit, with no expected workforce cuts. The deal expands Sysco into warehouse-style wholesale for small food businesses.
30 March 2026
Dollar Near 10-Month High as Iran War, Oil Shock and Fed Bets Squeeze Yen and Euro

Dollar Near 10-Month High as Iran War, Oil Shock and Fed Bets Squeeze Yen and Euro

The U.S. dollar hovered near a 10-month high Monday, with the dollar index at 100.19, as the Iran conflict pushed investors toward safe assets. Brent crude rose above $115 a barrel, intensifying inflation pressures in Asia, where policymakers face tough choices on rates and currencies. The yen briefly broke 160 per dollar before recovering, prompting warnings from Japanese officials. Sterling, the Australian, and New Zealand dollars all posted steep monthly losses.
30 March 2026
Oil Prices Today: Brent Nears $116, WTI Above $101 as Iran War Widens After Houthi Attacks

Oil Prices Today: Brent Nears $116, WTI Above $101 as Iran War Widens After Houthi Attacks

Brent crude neared $116 a barrel Monday after Yemen’s Houthis struck Israel, sending oil toward its biggest monthly gain since 1988. Iran’s closure of the Strait of Hormuz and threats to the Bab el-Mandeb have disrupted key shipping routes. U.S. gasoline prices hovered just below $4 a gallon. Shell and TotalEnergies shares rose, while airline stocks fell.
Indian Stocks Log Worst Month Since 2020 as Sensex, Nifty Tumble and Rupee Breaches 95

Indian Stocks Log Worst Month Since 2020 as Sensex, Nifty Tumble and Rupee Breaches 95

Indian stocks posted their steepest monthly drop since March 2020, with the Sensex closing down 2.22% at 71,947.55 and the rupee hitting a record low above 95 per dollar. Brent crude surged to $115.98 as the Middle East conflict widened, while foreign investors pulled $19.3 billion from equities this fiscal year. All major sectors fell in March, and banks faced added pressure after new RBI currency exposure limits.
30 March 2026
Coherent Corp back in focus after Nvidia deal as exec says pact will aid wider AI data-center push

Coherent Corp back in focus after Nvidia deal as exec says pact will aid wider AI data-center push

Coherent Corp shares closed at $243.48 Friday, little changed after a volatile session. Senior vice president Steve Rummel told a Pittsburgh summit the company’s multibillion-dollar deal with Nvidia will support the wider industry, not just one customer. Coherent joined the S&P 500 on March 23 and reported fiscal Q2 revenue of $1.69 billion, up 17% year over year.
Ciena Corporation Stock Swings After Insider Sale Filing as AI Networking Boom Gets Tested

Ciena Corporation Stock Swings After Insider Sale Filing as AI Networking Boom Gets Tested

Ciena shares rose 3.5% to $401.61 Friday after a Form 144 filing showed Blue Planet head Joe Cumello plans to sell 1,773 shares. The filing follows record Q1 revenue of $1.43 billion and a raised 2026 sales outlook. Cumello previously sold 11,929 shares in January for $2.74 million. Ciena’s stock has swung sharply this week, hitting a high of $446.89 and a low of $387.40.
Aurora Innovation Stock Slides as $10 Billion Driverless Truck Bet Enters 2026 Test

Aurora Innovation Stock Slides as $10 Billion Driverless Truck Bet Enters 2026 Test

Aurora Innovation shares closed at $4.12 Friday, down 2.6%, valuing the self-driving truck firm at about $9.95 billion. The company reported $3 million in 2025 revenue and a $238 million operating loss last quarter, but expects to operate over 200 driverless trucks by year-end. Aurora says its driverless fleet has logged 250,000 miles without a collision. Fourth-quarter revenue was $1 million.
Oil Prices Week Ahead: Brent Near $113 With Hormuz Talks, Houthi Risk and OPEC+ in Focus

Oil Prices Week Ahead: Brent Near $113 With Hormuz Talks, Houthi Risk and OPEC+ in Focus

Brent crude closed at $112.57 a barrel Friday, up 4.2%, and WTI at $99.64, up 5.5%, as traders doubted a quick Gulf ceasefire. Houthis’ entry into the conflict has nearly halted flows through the Strait of Hormuz, causing the largest supply disruption on record, according to the IEA. Two Chinese ships turned back Friday, and tanker traffic remains limited. OPEC+ meets April 5 to review output.
Mortgage Rates Today, Week Ahead: 30-Year Home Loans Near Six-Month High as Jobs Report Looms

Mortgage Rates Today, Week Ahead: 30-Year Home Loans Near Six-Month High as Jobs Report Looms

U.S. mortgage rates climbed to near six-month highs, with Mortgage News Daily reporting 6.64% and Freddie Mac’s weekly average at 6.38%, up from 6.22%. The Mortgage Bankers Association said 30-year contract rates rose 13 basis points to 6.43% and mortgage applications dropped 10.5%. Treasury yields rose as investors braced for inflation from higher oil prices tied to Middle East tensions. Key U.S. economic data releases are scheduled for this week.
29 March 2026
Natural Gas Price Week Ahead: Can Henry Hub Hold Above $3 as LNG Outages Tighten Global Supply?

Natural Gas Price Week Ahead: Can Henry Hub Hold Above $3 as LNG Outages Tighten Global Supply?

U.S. May Henry Hub natural gas futures rose 3.65% to $3.035 per mmBtu Friday after Chevron warned its Wheatstone LNG plant in Australia may take weeks to return to full output. European gas storage remains low, with EU stocks at 28% and the Netherlands at 6%. Dutch TTF April gas traded near $17.63 per mmBtu. U.S. storage stood at 1,829 bcf on March 20, slightly above the five-year average.
XRP Price Week Ahead: Why Jobs Data and Iran Risk Could Drive the Next Move

XRP Price Week Ahead: Why Jobs Data and Iran Risk Could Drive the Next Move

XRP traded near $1.32 after falling 5% over the past week, with 24-hour losses at 1.7%, according to Coinbase. The token faces key U.S. economic data next week, including the March payrolls report due April 3 when stock markets are closed. XRP futures and options contracts rolled over March 27. Ripple announced AI-assisted testing for the XRP Ledger on March 26.
29 March 2026
Bitcoin Price Week Ahead: Why $66,000 Is in Focus After ETF Outflows and Ahead of U.S. Jobs Data

Bitcoin Price Week Ahead: Why $66,000 Is in Focus After ETF Outflows and Ahead of U.S. Jobs Data

Bitcoin traded near $66,300 Sunday after two days of heavy outflows from U.S. spot bitcoin ETFs, which lost about $296 million last week. The March 27 bitcoin options expiry on Deribit reached $14 billion, nearly 40% of open interest. Ether hovered around $1,991, while Coinbase Global and Strategy shares fell sharply Friday. U.S. payroll data is due April 3, with Wall Street closed for Good Friday.
Silver Price Forecast for the Week Ahead: Payrolls, Powell and Iran Oil Risk Put $70 in Play

Silver Price Forecast for the Week Ahead: Payrolls, Powell and Iran Oil Risk Put $70 in Play

Spot silver rose 2.2% to $69.54 an ounce Friday, rebounding amid haven demand tied to the Iran war and shifting U.S. rate expectations. Oil, the dollar, and Treasury yields all moved higher, capping silver’s rally. U.S. nonfarm payrolls data is due April 3, when markets will be closed for Good Friday, likely pushing key trading into Thursday. Silver remains volatile after hitting a record $121.6 in January.
29 March 2026
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Stock Market Today

  • Dollar Strengthens on Rising Oil Prices and Middle East Tensions, Stocks Weaken
    April 23, 2026, 5:57 PM EDT. The U.S. dollar index climbed to a 1.5-week high, supported by Middle East tensions and a surge in crude oil prices. Rising oil prices lift inflation expectations, bolstering expectations of a hawkish Federal Reserve. The U.S. manufacturing sector expanded at its fastest in nearly four years, reinforcing the dollar's strength. However, weaker-than-expected U.S. jobless claims and a decline in the Chicago Fed National Activity Index tempered gains. Meanwhile, EUR/USD fell due to the dollar's strength and negative Eurozone cues from a contracting service sector amid rising energy costs. The eurozone's manufacturing sector showed unexpected growth. Market expectations for rate hikes remain low, with just a 1% chance of Fed hikes next week and 9% for the ECB later this month. USD/JPY edged up slightly amid these movements.

Latest article

AMD Stock Brushes $320 After Stifel Call, With May 5 Earnings Now the Real Test

AMD Stock Brushes $320 After Stifel Call, With May 5 Earnings Now the Real Test

23 April 2026
AMD shares touched $319.71 Thursday before retreating to $305.33, valuing the company at about $501 billion. The move comes ahead of first-quarter results on May 5, as investors watch for revenue from major AI chip deals with Meta and OpenAI. Stifel raised its price target to $320, citing strong AI demand and new products. AMD reported record Q4 revenue in February, with data-center sales up 39%.
Applied Digital stock rises after $7.5 billion AI data center lease with U.S. hyperscaler. (SEC)

Applied Digital stock rises after $7.5 billion AI data center lease with U.S. hyperscaler. (SEC)

23 April 2026
Applied Digital signed a 15-year, $7.5 billion lease with an unnamed U.S. hyperscaler for 300 megawatts at its Delta Forge 1 data center in Louisiana, sending shares up 12% to $36.35. The deal lifts total contracted lease revenue above $23 billion and adds a third hyperscale tenant. Initial operations at Delta Forge 1 are expected in mid-2027. The company also plans up to $600 million in new financing for expansion.
Expedia Stock Sinks After Former Snap CFO Derek Andersen Takes Finance Job Before Earnings

Expedia Stock Sinks After Former Snap CFO Derek Andersen Takes Finance Job Before Earnings

23 April 2026
Expedia Group named former Snap CFO Derek Andersen as its next chief financial officer, effective May 11. Shares fell 5.4% after the announcement. Outgoing CFO Scott Schenkel will remain through the May 7 earnings call and depart May 16. Andersen’s pay package includes a $1 million salary, $2.5 million signing bonus, and $17 million in restricted stock units.
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