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.

US Stock Market This Week: S&P 500 Hits Six-Month Low as Oil Shock Knocks Out Rate-Cut Hopes

US Stock Market This Week: S&P 500 Hits Six-Month Low as Oil Shock Knocks Out Rate-Cut Hopes

The S&P 500 closed at 6,506.48 on Friday, its lowest since September, dropping 1.9% for the week. Nasdaq and Dow each lost just over 2%. Investors pulled back on hopes for near-term Fed rate cuts as oil prices rose and the 10-year Treasury yield hit 4.38%. Nvidia and Tesla fell over 3%, while FedEx rose after raising its outlook.
Gold Price This Week: Bullion Logs Worst Weekly Drop Since 2011 as Fed, Dollar Upend Haven Trade

Gold Price This Week: Bullion Logs Worst Weekly Drop Since 2011 as Fed, Dollar Upend Haven Trade

Spot gold fell 1.8% to $4,563.64 an ounce Friday, marking its third straight weekly loss and the steepest futures drop since 2011. Investors pulled $5.19 billion from gold and precious-metals funds, the largest outflow since August 2018. The Federal Reserve held rates steady and raised its 2026 inflation forecast, while gold miners and related equities also slumped.
21 March 2026
Why Berkshire Hathaway Stock Barely Budged as Wall Street Sank on Oil Fears

Why Berkshire Hathaway Stock Barely Budged as Wall Street Sank on Oil Fears

Berkshire Hathaway’s Class B shares closed at $480.94 on Friday, down 0.1%, outperforming a 1.51% drop in the S&P 500. The company resumed share buybacks March 4, spending over $200 million by mid-month. Fourth-quarter operating profit fell 30% to $10.2 billion, while Geico’s underwriting profit and energy operations also declined. S&P Global warned it may cut Berkshire-owned PacifiCorp’s credit rating to junk.
Constellation Energy stock price drops 11% as $5 billion LS Power sale sharpens Calpine focus

Constellation Energy stock price drops 11% as $5 billion LS Power sale sharpens Calpine focus

Constellation Energy shares fell 10.9% to $281.99 Friday after announcing a $5 billion PJM asset sale and amid a broad selloff in U.S. power stocks. Trading volume surged to 6.1 million shares. The company sold 4.4 GW of gas-fired capacity to LS Power to meet federal requirements tied to its Calpine acquisition. Peers Vistra, NRG Energy, and Talen Energy also posted steep losses.
Why AleAnna (ANNA) Stock Price Jumped 87% as Europe Gas Shock Hit Markets

Why AleAnna (ANNA) Stock Price Jumped 87% as Europe Gas Shock Hit Markets

AleAnna shares surged 86.8% to $7.07 Friday, with over 115 million shares traded, after an independent report raised its year-end 2025 proved gas reserves by 47%. The rally followed a spike in European gas prices after Middle East strikes and as the EU urged lower gas-storage targets. AleAnna develops gas in Italy, with Shell Energy Europe as its exclusive buyer. The company reported internal control weaknesses and ongoing reliance on financing and approvals.
21 March 2026
Rocket Companies Stock Falls 7% as Mortgage Rates Hit 3-Month High, Wiping Out Upgrade Rally

Rocket Companies Stock Falls 7% as Mortgage Rates Hit 3-Month High, Wiping Out Upgrade Rally

Rocket Companies shares fell 6.8% to $13.65 Friday, underperforming other mortgage stocks as U.S. mortgage rates climbed to 6.22%. The drop followed an analyst upgrade and recent strong revenue guidance. Wall Street broadly declined amid inflation and rate hike concerns. Rocket ended below its post-upgrade close of $14.76.
NIO Stock Price Slides Even After First Profit as Xpeng Warning Hits China EVs

NIO Stock Price Slides Even After First Profit as Xpeng Warning Hits China EVs

NIO’s U.S.-listed ADRs fell 7.8% to $5.43 Friday, tracking declines in Chinese EV stocks after Xpeng warned revenue would miss forecasts. NIO had recently reported its first quarterly net profit and forecast strong deliveries, but demand concerns and chip shortages persist. February deliveries rose 57.6% year-on-year. The company aims to expand overseas despite supply risks.
KeyBank Leadership Moves Hit Ohio and Alaska as Jim Hoffman Takes ProMedica Chair, Garet Plantz Wins New Role

KeyBank Leadership Moves Hit Ohio and Alaska as Jim Hoffman Takes ProMedica Chair, Garet Plantz Wins New Role

Jim Hoffman, former KeyBank Michigan and Northwest Ohio head, has been named chair of ProMedica’s board of trustees, replacing Kurt Darrow. Separately, KeyBank promoted Garet Plantz to small business relationship manager for Alaska. ProMedica’s leadership change follows a Moody’s upgrade to Baa3 in December. KeyBank reported $184 billion in assets at the end of 2025.
21 March 2026
Why Vistra Stock Price Fell 12.6% as AI-Power Shares Tumbled

Why Vistra Stock Price Fell 12.6% as AI-Power Shares Tumbled

Vistra Corp shares fell 12.6% Friday to $146.02, with trading volume surging to 11.1 million shares. Constellation Energy, Talen Energy, and NRG Energy also dropped sharply, reflecting a broader pullback in AI-linked power stocks. The S&P 500 fell 1.51% and utilities slid 4.11% amid inflation and rate worries. The selloff followed Vistra’s recent investment-grade rating upgrade from Fitch.
Fundrise VCX Stock Surges 55% After NYSE Debut as Retail Investors Chase Private AI

Fundrise VCX Stock Surges 55% After NYSE Debut as Retail Investors Chase Private AI

Fundrise Innovation Fund shares closed at $117.70 Friday, up 54.5% from Thursday’s $76.16, and more than six times its March 2 net asset value of $18.26. The fund, which invests heavily in private AI companies including Anthropic, Databricks, and OpenAI, began trading Thursday after a delayed NYSE listing. VCX was briefly halted for volatility. Over 100,000 investors hold shares.
USPS Warns It May Not Deliver Mail Next Year Unless Congress Acts on Cash Crisis

USPS Warns It May Not Deliver Mail Next Year Unless Congress Acts on Cash Crisis

The U.S. Postal Service warned Congress it could run out of cash by November 2026 without more borrowing authority, higher stamp prices, or changes to financial rules. USPS reported a $9 billion loss for fiscal 2025 and said first-class mail volume has dropped by nearly half since 2006. Postmaster General David Steiner said 71% of delivery routes do not cover costs. Lawmakers remain divided on service cuts and price hikes.
21 March 2026
Vertiv Holdings (VRT) Stock Price Slides Nearly 5% Despite Looming S&P 500 Entry

Vertiv Holdings (VRT) Stock Price Slides Nearly 5% Despite Looming S&P 500 Entry

Vertiv Holdings Co shares fell nearly 5% to $255.88 on Friday, despite the company’s pending addition to the S&P 500 next week. Trading volume reached about 87.8 million shares as Wall Street slid on inflation fears tied to Middle East tensions. Nvidia, nVent Electric, and Eaton also declined. Vertiv recently reported a $15 billion backlog and forecast 2026 net sales up to $13.75 billion.
21 March 2026
Lyft Stock Price Today: Shares Steady After Jefferies Cut Flags U.S. Slowdown and Waymo Risk

Lyft Stock Price Today: Shares Steady After Jefferies Cut Flags U.S. Slowdown and Waymo Risk

Lyft shares rose 0.7% to $13.47 Friday after Jefferies cut its price target and warned of slower U.S. rideshare growth and Waymo’s gains. Jefferies said Lyft’s U.S. growth slowed for seven quarters, with Waymo’s weekly paid rides tripling in 2025. Uber announced a $1.25 billion Rivian investment and plans for 10,000 autonomous SUVs. Lyft unveiled new AI partnerships but faces skepticism over future demand.
Cisco Stock Price Falls 1% as Heavy Volume, Rate Fears Eclipse Nvidia AI Push

Cisco Stock Price Falls 1% as Heavy Volume, Rate Fears Eclipse Nvidia AI Push

Cisco shares fell $0.85 to $77.65 Friday amid a broad tech selloff that sent the S&P 500 to its lowest close since September. Trading volume in Cisco topped 90.3 million shares, over four times its three-month average, during a session marked by triple witching. Chief Legal Officer Deborah Stahlkopf disclosed selling 7,981 shares earlier in the week. Cisco’s drop was smaller than losses in Nvidia, Broadcom, and Arista Networks.
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Stock Market Today

  • Snowflake (SNOW) Shares Slump Presents Potential Undervaluation Opportunity
    April 24, 2026, 2:27 AM EDT. Snowflake's (SNOW) shares closed at $146.40, down 32.4% year to date, raising questions about its valuation after a challenging year. The stock's recent declines contrast with its role as a cloud data platform leader. A Discounted Cash Flow (DCF) analysis estimates an intrinsic value of $236.84 per share, suggesting the stock trades at a 38.2% discount. Snowflake's valuation score is 3/6, indicating undervaluation on half of key metrics. The price-to-sales (P/S) ratio analysis reflects market uncertainty amid expectations for high growth balanced by risk. These factors present a potential buying opportunity, though investors should consider both growth prospects and sector risks in evaluating Snowflake's future performance.

Latest article

Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 24.04.2026

24 April 2026
Old Republic International closed at $39.90, below its estimated fair value of $42.50. The company is focusing on digitalization and AI to improve efficiency and margins. Risks include volatility in title insurance and weaker real estate activity. Market sentiment is mixed as investors assess growth prospects and challenges.
Newmont earnings today: Gold miner beats Q1 profit, adds $6 billion buyback but warns on Q2 costs

Newmont earnings today: Gold miner beats Q1 profit, adds $6 billion buyback but warns on Q2 costs

24 April 2026
Newmont reported adjusted first-quarter earnings of $2.90 per share on $7.31 billion in sales, beating estimates as realized gold prices surged to $4,900 an ounce. Attributable gold output fell to 1.30 million ounces from 1.54 million a year earlier. The miner declared a $0.26 dividend and authorized a new $6 billion share buyback. Newmont expects higher costs and lower output in the second quarter.
SAP Q1 Earnings Beat Forecasts as Cloud Revenue Climbs 27% in Constant Currencies, Outlook Holds

SAP Q1 Earnings Beat Forecasts as Cloud Revenue Climbs 27% in Constant Currencies, Outlook Holds

24 April 2026
SAP reported a 17% rise in first-quarter operating profit to 2.74 billion euros and a 19% jump in cloud revenue to 5.96 billion euros, beating forecasts. The company kept its 2026 targets and full-year outlook unchanged. SAP’s U.S. shares reversed losses after the results, climbing nearly 7% in after-hours trading. Management warned cloud revenue growth will slow in the second quarter.
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