Today: 29 April 2026

Khadija Saeed

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

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.
Gold price cracks $5,300 as dollar sags and Fed decision looms

Gold price cracks $5,300 as dollar sags and Fed decision looms

Spot gold hit a record $5,311.31 an ounce on Wednesday before easing to $5,259.78, up 1.4%. U.S. gold futures jumped 3.4% as a weaker dollar and anticipation of the Federal Reserve’s policy decision fueled safe-haven demand. CME metals futures trading set a single-day record January 26. Gold ETFs also rose amid heightened volatility.
28 January 2026
Texas Instruments stock jumps on AI data-center outlook — here’s what’s driving TXN now

Texas Instruments stock jumps on AI data-center outlook — here’s what’s driving TXN now

Texas Instruments shares rose 6.7% to $209.89 after first-quarter guidance topped estimates and the company reported a 70% jump in data-center revenue. TI posted fourth-quarter revenue of $4.42 billion and net income of $1.16 billion. The company plans to detail data-center sales separately. Investors remain wary of high capital spending and weak consumer electronics demand.
CoreWeave stock steadies near $109 as HSBC cuts target; Nvidia stake filing keeps focus on CRWV

CoreWeave stock steadies near $109 as HSBC cuts target; Nvidia stake filing keeps focus on CRWV

Nvidia disclosed an 11.5% stake in CoreWeave after investing $2 billion, buying shares at $87.20 each. CoreWeave stock rose 0.2% to $109.12 Wednesday morning, following a 10.7% jump Tuesday. HSBC cut its price target to $41, citing debt concerns, while other analysts raised targets on optimism over the Nvidia partnership. CoreWeave reports Q4 earnings Feb. 18.
28 January 2026
Intel stock price jumps nearly 9% as INTC rebounds with chip shares ahead of Fed decision

Intel stock price jumps nearly 9% as INTC rebounds with chip shares ahead of Fed decision

Intel shares jumped 9% to nearly $48 in early New York trading Wednesday, leading gains among chip stocks after upbeat demand forecasts from SK Hynix and ASML tied to AI growth. Intel CFO David Zinsner bought 5,882 shares at $42.50 each, according to an SEC filing. The Philadelphia Semiconductor Index rose 2.3%. Investors await the Federal Reserve’s policy announcement later today.
28 January 2026
Dow Jones today: Dow hovers near 49,000 as Fed decision and mega-cap earnings loom

Dow Jones today: Dow hovers near 49,000 as Fed decision and mega-cap earnings loom

The Dow Jones hovered near 49,000 Wednesday morning, dipping 3.56 points to 48,999.85 as UnitedHealth’s sharp fall continued to weigh on the index. The S&P 500 briefly topped 7,000, boosted by chip stocks after upbeat results from ASML and SK Hynix. The Federal Reserve’s policy decision is due at 2 p.m. EST. Meta, Microsoft, Tesla, and IBM report earnings after the bell.
Google stock price today: Alphabet Class C inches up as regulators circle and a $135 million Android settlement lands

Google stock price today: Alphabet Class C inches up as regulators circle and a $135 million Android settlement lands

Alphabet’s Class C shares rose 0.4% to $336.36 Wednesday after Google agreed to pay $135 million to settle a lawsuit over Android data use. UK and EU regulators announced new actions targeting Google’s Search and AI practices. Investors are watching for Alphabet’s Feb. 4 earnings after recent volatility in Big Tech. The S&P 500 neared 7,000 as chip stocks led early gains.
28 January 2026
Silver price near $113 as Fed decision looms; SLV edges up in New York trade

Silver price near $113 as Fed decision looms; SLV edges up in New York trade

Spot silver rose 0.7% to $112.90 an ounce in early U.S. trading Wednesday, holding near Monday’s record high of $117.69. The iShares Silver Trust ETF gained 0.7% to $102.31. Traders are cautious ahead of the Federal Reserve’s policy decision and Chair Jerome Powell’s briefing set for Wednesday. CME Group reported record metals trading volumes on Jan. 26 amid tariff concerns and safe-haven demand.
Meta stock price barely moves near $673 as earnings and AI spend take center stage

Meta stock price barely moves near $673 as earnings and AI spend take center stage

Meta shares slipped 0.03% to $672.75 in early Wednesday trading ahead of quarterly results due after the bell. Options markets signal a possible 6% move post-earnings as investors focus on 2026 spending. Meta signed a supply deal with Corning worth up to $6 billion. The EU has designated WhatsApp’s channels feature as a “very large platform,” triggering new regulatory requirements.
Amazon stock climbs as 16,000 job cuts sharpen focus ahead of AWS earnings

Amazon stock climbs as 16,000 job cuts sharpen focus ahead of AWS earnings

Amazon shares rose 1% to $247.10 after the company said it will cut about 16,000 corporate jobs, nearly 10% of its white-collar workforce. The move is part of a broader plan to reduce 30,000 positions since October. Amazon also plans to close its Amazon Go and Amazon Fresh stores, converting some to Whole Foods locations. UPS will cut up to 30,000 jobs and reduce Amazon deliveries in 2026.
Broadcom stock price today: AVGO edges up as chip rally lifts S&P 500 above 7,000 ahead of Fed

Broadcom stock price today: AVGO edges up as chip rally lifts S&P 500 above 7,000 ahead of Fed

Broadcom shares edged up 0.1% to $333.23 in early Wednesday trading as chip stocks rose ahead of the Federal Reserve’s rate decision and major tech earnings. The S&P 500 opened above 7,000, while Texas Instruments jumped 7% after forecasting strong AI-driven demand. Investors are watching for signs that AI spending is boosting profits. The Fed’s policy announcement is due at 2 p.m. EST.
Microsoft stock edges up as earnings near, with Azure growth and AI costs under the microscope

Microsoft stock edges up as earnings near, with Azure growth and AI costs under the microscope

Microsoft shares rose 0.4% to $482.31 early Wednesday ahead of its earnings report, with options traders pricing in a 5% move either way. Analysts expect $3.91 per share on $80.3 billion revenue, as Azure growth slows and AI spending tops $500 billion this year. The S&P 500 opened higher, while investors await the Fed’s rate decision this afternoon.
UnitedHealth stock price steadies after 20% wipeout as Medicare Advantage rates loom

UnitedHealth stock price steadies after 20% wipeout as Medicare Advantage rates loom

UnitedHealth shares rose 1.2% to $286.15 early Wednesday after plunging nearly 20% Tuesday, following a draft Medicare Advantage rate update and a weak 2026 outlook. The draft proposed a 0.09% average payment increase for 2027, far below expectations, triggering an $80 billion selloff in managed care stocks. UnitedHealth expects 2026 revenue to fall to just under $439 billion, with Medicare Advantage membership dropping by up to 1.4 million.
28 January 2026
Apple stock price barely moves as earnings near; iPhone demand and AI push in focus

Apple stock price barely moves as earnings near; iPhone demand and AI push in focus

Apple shares rose 0.04% to $258.37 in early New York trading Wednesday ahead of Thursday’s earnings report. Analysts expect the strongest iPhone sales growth in over four years, with investors watching for updates on AI initiatives and services. JPMorgan raised its price target to $315, while Jefferies cut theirs. Regulatory scrutiny and rising component costs remain concerns.
Tesla stock (TSLA) slips at the open as earnings day lands — what Wall Street wants from Musk

Tesla stock (TSLA) slips at the open as earnings day lands — what Wall Street wants from Musk

Tesla shares fell about 1% to $430.90 in early Wednesday trading as investors awaited fourth-quarter results due after the bell. The company reported 418,227 vehicle deliveries and record energy storage deployments last quarter. Tesla and Pilot Travel Centers announced a Semi Charger rollout, targeting summer 2026 openings. Analysts expect a 3.6% drop in sales and a 40% decline in adjusted profit for the quarter.
Micron stock jumps again as $24 billion Singapore fab plan fans AI memory shortage trade

Micron stock jumps again as $24 billion Singapore fab plan fans AI memory shortage trade

Micron shares rose 3% in early trading Wednesday after the company began building a $24 billion wafer fab in Singapore tied to its NAND expansion. The move follows a 5.4% gain Tuesday and comes as chip stocks rallied ahead of the Federal Reserve decision. The Singapore plant is expected to add 1,600 jobs and ramp up production by late 2028. Investors anticipate rising demand for memory chips from AI servers and data centers.
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Stock Market Today

  • Raymond James Cuts Stantec Target Price Amid Mixed Analyst Ratings
    April 29, 2026, 5:04 PM EDT. Raymond James Financial lowered its target price for Stantec (TSE:STN) from C$180 to C$165, signaling a cautious outlook despite a potential 34.68% upside. Other analysts showed varied sentiments: National Bank Financial and Scotiabank cut targets, while Royal Bank of Canada and Desjardins raised theirs. Stantec's stock traded down 0.4% at C$122.51 with moderate volume. The company posted Q4 earnings of C$0.82 per share on C$2.12 billion revenue. Stantec, specializing in engineering and consulting for infrastructure and sustainability, has a market cap near C$14 billion and holds a Moderate Buy consensus based on nine Buy and one Hold ratings.

Latest article

Nebius Stock Jumps as Meta’s AI Spending Reset Puts $27 Billion Deal in Focus

Nebius Stock Jumps as Meta’s AI Spending Reset Puts $27 Billion Deal in Focus

29 April 2026
Nebius Group N.V. shares rose 5.3% to $142.73 Wednesday as Meta Platforms raised its 2026 capital spending forecast by up to $10 billion, citing higher data center costs. Nebius has a contract to supply Meta with up to $27 billion in AI cloud capacity. Fourth-quarter 2025 revenue jumped 547% to $227.7 million, but the company reported a net loss of $249.6 million.
Phillips 66 Stock Jumps as Surprise Profit Shows Refining Margins Are Back in Focus

Phillips 66 Stock Jumps as Surprise Profit Shows Refining Margins Are Back in Focus

29 April 2026
Phillips 66 reported an adjusted first-quarter profit of $200 million, or 49 cents per share, beating analyst forecasts of a loss. Strong refining margins and 95% plant utilization offset $839 million in hedge-related losses. Shares rose over 6% after the results. The company also completed its acquisition of Lindsey Oil Refinery assets in the UK.
Extreme Networks Stock Jumps as Q3 Earnings Beat Puts Cisco, HPE Rivals in Focus

Extreme Networks Stock Jumps as Q3 Earnings Beat Puts Cisco, HPE Rivals in Focus

29 April 2026
Extreme Networks shares surged 28% after reporting fiscal Q3 revenue of $316.9 million, up 11%, and non-GAAP earnings of 26 cents per share, both above estimates. The company forecast Q4 revenue of $330–$335 million, topping FactSet’s $326.9 million estimate. SaaS annual recurring revenue rose 28.6% to $236.4 million. Net income climbed to $10.6 million from $3.5 million a year earlier.
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