Today: 11 April 2026

Khadija Saeed

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

AbbVie stock slips after $650 million RemeGen cancer-drug deal and Arizona plant buy

AbbVie stock slips after $650 million RemeGen cancer-drug deal and Arizona plant buy

AbbVie shares fell 0.6% to $218.81 after announcing a $650 million licensing deal with China’s RemeGen for the experimental cancer drug RC148. RemeGen could receive up to $4.95 billion in milestones and royalties. AbbVie also agreed to buy a device manufacturing plant in Tempe, Arizona, from West Pharmaceutical Services. The S&P health-care sector declined while the broader market rose.
ServiceNow stock steadies after Goldman’s fresh “Buy” call as earnings near

ServiceNow stock steadies after Goldman’s fresh “Buy” call as earnings near

Goldman Sachs initiated coverage of ServiceNow with a Buy rating and a $205 price target Monday, sending shares up 0.2% to around $142 in afternoon trading. The move follows a 3% drop last week. Investors are focused on ServiceNow’s Jan. 28 earnings report for signals on 2026 growth and demand. Stifel recently cut its price target to $200, citing concerns over federal contract trends.
Visa stock slides as Trump’s 10% credit-card rate cap talk hits payments names

Visa stock slides as Trump’s 10% credit-card rate cap talk hits payments names

Visa shares fell 1.6% to $344.25 by early afternoon Monday after President Trump proposed a one-year 10% cap on credit-card interest rates. Mastercard dropped 1.8%, American Express 4.2%. Analysts said such a cap would require Congressional approval, but the announcement increased volatility in card-related stocks. Traders are watching upcoming bank earnings and Tuesday’s CPI for further signals on consumer credit.
12 January 2026
IREN stock jumps nearly 9% today as Bernstein tags Nasdaq’s IREN a ‘top AI pick’

IREN stock jumps nearly 9% today as Bernstein tags Nasdaq’s IREN a ‘top AI pick’

IREN Limited shares surged 9% to $50.05 by midday Monday, outpacing other U.S.-listed bitcoin miners. The rally followed Bernstein analyst Gautam Chhugani naming IREN his “top AI pick” and setting a $150,000 bitcoin target for 2026. About 29.2 million shares traded after Friday’s close. Investors are watching Tuesday’s U.S. inflation data for further market direction.
12 January 2026
Nvidia stock gains on Eli Lilly $1 billion AI lab plan as traders eye TSMC, earnings

Nvidia stock gains on Eli Lilly $1 billion AI lab plan as traders eye TSMC, earnings

Nvidia and Eli Lilly will invest up to $1 billion in a Bay Area AI drug discovery lab over five years, sending Nvidia shares up 0.8% to $186.37 and Lilly up 0.2% to $1,066.14. AMD, Broadcom, and TSMC also rose as AI-focused stocks lifted the Nasdaq. TSMC reports earnings Jan. 15, with analysts expecting a 27% Q4 profit jump on AI chip demand. Nvidia’s next earnings are due Feb. 25.
Bitcoin price edges higher near $91,000 as Strategy buys $1.25B of BTC; Coinbase stock climbs

Bitcoin price edges higher near $91,000 as Strategy buys $1.25B of BTC; Coinbase stock climbs

Bitcoin rose 0.3% to $91,147 Monday as Coinbase and Marathon Digital shares also gained. Fed Chair Jerome Powell confirmed the Justice Department served the central bank with grand jury subpoenas, sending the dollar lower and gold to a record above $4,600 an ounce. Strategy bought 13,627 bitcoin last week, bringing its holdings to 687,410. Traders await Tuesday’s U.S. CPI report and the Fed’s Jan. 27-28 meeting.
Gold price breaks $4,600 record; GLD ETF and gold stocks jump on Powell probe

Gold price breaks $4,600 record; GLD ETF and gold stocks jump on Powell probe

Gold prices hit a record $4,627.27 an ounce Monday, lifting SPDR Gold Shares 2.4% to $424.45 and sparking gains across gold-linked stocks. The dollar index slipped 0.2% as investors eyed Federal Reserve policy and the Powell investigation. CME FedWatch put the odds of steady rates in January at 95%. U.S. consumer price data is due Tuesday, with the Fed meeting Jan. 27-28.
Bakkt stock jumps as BKKT strikes DTR stablecoin deal, sets Jan. 22 rebrand and March Investor Day

Bakkt stock jumps as BKKT strikes DTR stablecoin deal, sets Jan. 22 rebrand and March Investor Day

Bakkt Holdings shares surged 13.5% to $18.48 midday after announcing it will acquire stablecoin payments firm DTR in an all-stock deal, issuing about 9.13 million shares, or 31.5% of its fully diluted count. CEO Akshay Naheta is DTR’s main owner. The company will rebrand as “Bakkt, Inc.” on January 22. Investor Day is set for March 17 at the NYSE.
Dow Jones today: Index slips as Trump’s 10% credit-card cap hits banks, Powell subpoena clouds the Fed

Dow Jones today: Index slips as Trump’s 10% credit-card cap hits banks, Powell subpoena clouds the Fed

The Dow Jones Industrial Average slipped about 100 points, or 0.2%, by midday as financial stocks fell after President Trump proposed a one-year 10% cap on credit-card rates. American Express and Visa led losses. Fed Chair Jerome Powell faced political pressure and possible indictment over testimony on a renovation project. Investors await Tuesday’s U.S. inflation report and major bank earnings.
Spotify stock slips as Wall Street digests Fed pressure — CPI and earnings ahead for SPOT

Spotify stock slips as Wall Street digests Fed pressure — CPI and earnings ahead for SPOT

Spotify shares fell 1.2% to $532.97 by midday Monday, underperforming a steady U.S. market as investors eyed political pressure on the Federal Reserve and looming inflation data. The S&P 500-tracking SPY ETF rose 0.1%. Attention is turning to Spotify’s quarterly report on February 10 for updates on subscription pricing and ad demand.
Coinbase stock rises as Senate crypto bill fight puts stablecoin rewards back in play

Coinbase stock rises as Senate crypto bill fight puts stablecoin rewards back in play

Coinbase shares rose 2.1% Monday after reports the company is lobbying Congress to protect stablecoin rewards. Senate negotiators are finalizing crypto market legislation, with debate intensifying over whether to restrict such rewards to regulated firms. Coinbase has threatened to withdraw support if restrictions are too strict. Circle, the firm behind USDC, slipped 0.9%.
Western Digital stock climbs even as Wall Street wobbles — what to know now

Western Digital stock climbs even as Wall Street wobbles — what to know now

Western Digital shares rose 2.1% to $204.76 by midday Monday, outperforming a declining U.S. stock market. Seagate, Micron, and SanDisk also gained. The moves followed Western Digital’s February 2025 spin-off of its flash business, leaving it focused on hard disk drives. Traders watched for U.S. inflation data and major bank earnings amid political pressure on the Federal Reserve.
Boeing stock ticks up as investors brace for Tuesday’s delivery report after Airbus update

Boeing stock ticks up as investors brace for Tuesday’s delivery report after Airbus update

Boeing shares rose 1.4% to $237.72 by midday Monday in New York ahead of its annual orders-and-deliveries report due Tuesday. The FAA proposed a new inspection rule for Boeing 737NG jets after reports of wing cracks, with comments open until Feb. 26. Airbus reported 793 deliveries and 889 net orders for 2025. Boeing delivered 537 jets and booked 908 net orders through November.
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Stock Market Today

  • Amdocs (DOX) Shares Dip 22% YTD, DCF Model Shows 52% Undervaluation Opportunity
    April 10, 2026, 10:10 PM EDT. Amdocs (DOX) shares have fallen 22.1% over the past year, raising concerns among investors. Despite the drop, the company retains strong positions in long-term telecom and media contracts. A discounted cash flow (DCF) analysis estimates an intrinsic value of $131.53 per share, over 50% above the current price near $63, signaling potential undervaluation. The model projects free cash flows rising from $645.6 million in 2026 to $1.16 billion in 2035. While market sentiment has soured, Amdocs' valuation score ranks 5 out of 6, indicating attractiveness relative to fundamentals. Investors should monitor the stock's performance amid ongoing sector transformations and large-scale contract projects.

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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, 10:11 PM EDT Bentley Systems (BSY) Stock Drops 7.5% Amid Sector Sell-Off April 10, 2026, 10:11 PM EDT. Bentley Systems (NASDAQ:BSY) shares tumbled 7.5% following a downgrade of ServiceNow (NOW) by UBS, sparking a broader sell-off in infrastructure engineering software stocks. Investors grew concerned over the "seat compression" trend, where AI-driven automation threatens traditional enterprise software's per-seat revenue models. The rise of AI-native rivals and cost-efficient "vibe coding" startups intensified these worries. Despite a relatively calm trading history, today's sharp decline marks significant market reaction. Bentley shares are
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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