Today: 10 April 2026

Khadija Saeed

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

Lumentum stock slides 8% in afternoon trade as tech pulls back; Feb. 3 earnings ahead

Lumentum stock slides 8% in afternoon trade as tech pulls back; Feb. 3 earnings ahead

Lumentum Holdings shares fell 8.1% to $331.93 Wednesday, deepening losses for the Nasdaq-listed optical components maker. The stock swung from an intraday high of $363 to a low of $331.56. Other optics and data-center hardware stocks also declined, including Coherent, Ciena, Arista Networks, and Credo Technology. Lumentum will report fiscal Q2 earnings on Feb. 3 after the market closes.
KLA stock slips despite fresh Wall Street upgrades — here’s what’s driving KLAC now

KLA stock slips despite fresh Wall Street upgrades — here’s what’s driving KLAC now

KLA shares fell 1.7% to $1,417.18 in early afternoon trading Wednesday, tracking a broader decline in chip stocks. The drop came despite new analyst upgrades and price target hikes from Bernstein SocGen, TD Cowen, and Stifel. Peers Applied Materials and Lam Research also slipped. Investors are awaiting KLA’s Jan. 29 earnings and details on 2026 spending plans for advanced chip manufacturing.
14 January 2026
SMCI stock slides again as Goldman’s ‘sell’ call puts Super Micro margins back under the microscope

SMCI stock slides again as Goldman’s ‘sell’ call puts Super Micro margins back under the microscope

Super Micro Computer shares fell 1.7% to $28.12 by early afternoon after Goldman Sachs initiated coverage with a “Sell” rating and a $26 price target, citing margin pressure and uncertain profitability. Analyst Katherine Murphy flagged that margins have halved to 9.5% and warned of further downside. Investors are awaiting February results for signs of margin stability. Competitors and rising costs are adding pressure.
14 January 2026
Qualcomm stock falls again as “glass cloth” supply report rattles chip names ahead of earnings

Qualcomm stock falls again as “glass cloth” supply report rattles chip names ahead of earnings

Qualcomm shares fell 1.5% to $162.73 early Wednesday afternoon, extending a multi-day slide amid concerns over a shortage of high-end glass cloth used in advanced chip packaging. Trading volume reached about 3.4 million shares. Apple and Qualcomm are seeking new suppliers, but industry sources say more capacity may not arrive before late 2027. TSMC reports earnings early Thursday, with Qualcomm’s report due Feb. 4.
Spotify stock slides after Bernstein slashes target to $650 as AI push hits valuation nerves

Spotify stock slides after Bernstein slashes target to $650 as AI push hits valuation nerves

Spotify shares fell 2.5% to $521.28 after Bernstein and Wells Fargo cut their price targets, citing risks tied to AI-driven products and new offerings. The stock has slid since Jan. 8 as investors await Feb. 10 earnings for clarity on 2026 margins and pricing. Founder Daniel Ek stepped down as CEO Jan. 1, replaced by co-CEOs Alex Norström and Gustav Söderström.
Snowflake stock slides again after Barclays downgrade; traders eye next earnings date

Snowflake stock slides again after Barclays downgrade; traders eye next earnings date

Snowflake shares dropped 1.4% to $206.52 by midday Wednesday, extending losses after Barclays downgraded the stock and cut its price target to $250. The stock remains below its 200-day moving average after falling 5.1% Tuesday. Broader tech shares also declined, with the Invesco QQQ Trust down 1.6%. Trading volume in Snowflake was heavier than usual following the downgrade.
L3Harris stock edges up as Pentagon puts $1 billion into missile unit spinoff plan

L3Harris stock edges up as Pentagon puts $1 billion into missile unit spinoff plan

L3Harris said Wednesday the Pentagon will invest $1 billion in its Missile Solutions unit ahead of a planned 2026 IPO, taking a convertible preferred stake. The move gives the U.S. government a direct role in a key solid rocket motor supplier. L3Harris also announced a Navy and Marine Corps contract for 34 T7 explosive-ordnance-disposal robots. L3Harris shares rose 0.5% to $342.95 in afternoon trading.
ServiceNow stock slides near year-low levels as Wall Street sizes up AI push and next earnings

ServiceNow stock slides near year-low levels as Wall Street sizes up AI push and next earnings

ServiceNow shares fell 2.6% to $134.64 by midday Wednesday, extending losses ahead of fourth-quarter results due Jan. 28. Evercore ISI kept its Outperform rating, citing steady demand and interest in the company’s AI tools. Investors are watching for updates on guidance, subscription growth, and the $7.75 billion Armis acquisition.
CoreWeave stock edges up as CEO dismisses Nvidia ‘circular financing’ talk, insider sale filing in focus

CoreWeave stock edges up as CEO dismisses Nvidia ‘circular financing’ talk, insider sale filing in focus

CoreWeave shares rose about 1.5% to $88.78 by midday Wednesday after a volatile session and heavy trading. An SEC filing showed co-founder Brannin McBee plans to sell 8,335 shares, valued near $668,000. The company faces a securities fraud class action, with a lead plaintiff deadline of March 13. CEO Michael Intrator denied “circular financing” claims involving Nvidia.
14 January 2026
Bloom Energy stock dips 2% after Korea AI data center MOU puts orders in focus

Bloom Energy stock dips 2% after Korea AI data center MOU puts orders in focus

Bloom Energy shares dropped 2.3% to $136.55 midday Wednesday after volatile trading. The company signed a memorandum of understanding in South Korea to expand fuel cell power for AI data centers, but the deal is non-binding. Shares surged last week on a $2.65 billion supply deal with American Electric Power. Investors await Bloom’s next earnings report, expected Feb. 26.
14 January 2026
Goldman Sachs (GS) stock slips as bank selloff deepens ahead of Thursday earnings

Goldman Sachs (GS) stock slips as bank selloff deepens ahead of Thursday earnings

Goldman Sachs shares fell 1.2% to $926.81 midday Wednesday as U.S. bank stocks slid after mixed Q4 earnings, dragging the S&P 500 bank index to a five-week low. The Apple Card transfer to JPMorgan Chase remains in focus, with Goldman expecting a $0.46 per share earnings boost from the deal. JPMorgan took a $2.2 billion credit loss provision tied to the Apple Card acquisition. Goldman reports Q4 results Thursday at 7:30 a.m. Eastern.
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Stock Market Today

  • Vera Therapeutics (VERA) Share Price Surges 87% in One Year: Is It Still Undervalued?
    April 10, 2026, 7:16 AM EDT. Vera Therapeutics (VERA) shares have jumped 87.7% over the past year, despite a 15.8% decline year-to-date. The biotech's latest share price stands at $40.93, showing modest recent gains. Analysts use a discounted cash flow (DCF) model projecting positive free cash flows by 2030 to estimate an intrinsic value of roughly $436.15 per share, indicating the stock may be undervalued by over 90%. The DCF model considers future cash flows discounted to today's value, reflecting the firm's growth potential despite current losses. Vera's price-to-book ratio sits at 4.83, above the biotech sector average, suggesting investors expect significant growth prospects amid some risk. This valuation mix presents a nuanced picture of Vera's appeal in a volatile sector.

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UK Stock Market Today: FTSE 100 Climbs as Traders Eye Fragile Iran Ceasefire

UK Stock Market Today: FTSE 100 Climbs as Traders Eye Fragile Iran Ceasefire

10 April 2026
London’s FTSE 100 rose 0.38% to 10,644.28 late Friday morning as investors awaited U.S.-Iran talks in Pakistan. Brent crude climbed 1% to $96.83 a barrel, while sterling eased but was on track for its biggest weekly gain since January. The FTSE 250 gained 0.79%. Britain’s 10-year gilt yield stood at 4.807%.
US Stock Market Today: CPI, Oil and Iran Truce Set the Tone Before the Open

US Stock Market Today: CPI, Oil and Iran Truce Set the Tone Before the Open

10 April 2026
Dow e-minis slipped 0.15% before Friday’s open, with S&P 500 and Nasdaq 100 futures each down 0.08% as traders awaited March CPI data and watched U.S.-Iran tensions. Economists expect headline CPI to rise 0.9% for March and 3.3% year-on-year. Weekly jobless claims increased to 219,000. Brent crude traded near $97 a barrel, while shipping through the Strait of Hormuz remained well below normal.
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 10.04.2026

10 April 2026
LIVEMarkets rolling coverageStarted: April 10, 2026, 12:00 AM EDTUpdated: April 10, 2026, 7:26 AM EDT Vera Therapeutics (VERA) Share Price Surges 87% in One Year: Is It Still Undervalued? April 10, 2026, 7:16 AM EDT. Vera Therapeutics (VERA) shares have jumped 87.7% over the past year, despite a 15.8% decline year-to-date. The biotech's latest share price stands at $40.93, showing modest recent gains. Analysts use a discounted cash flow (DCF) model projecting positive free cash flows by 2030 to estimate an intrinsic value of roughly $436.15 per share, indicating the stock may be undervalued by over 90%. The DCF model
MARA Holdings Stock Rises Even After Target Cut as Bitcoin Miner Leans Harder Into AI

MARA Holdings Stock Rises Even After Target Cut as Bitcoin Miner Leans Harder Into AI

9 April 2026
MARA Holdings shares rose 1.7% to $9.67 Thursday despite Cantor Fitzgerald cutting its price target to $10. The company recently sold 15,133 bitcoin for $1.1 billion and agreed to repurchase $1 billion in convertible notes at a discount. MARA is expanding into AI and cloud infrastructure, but fourth-quarter revenue fell 6% and it posted a $1.7 billion net loss.
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