Today: 12 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 slips in choppy trade as Wall Street lifts targets to $455-$470

Lumentum stock slips in choppy trade as Wall Street lifts targets to $455-$470

Lumentum shares fell 2.4% to $339.88 by early afternoon Friday after volatile trading this week. Mizuho and Needham raised price targets on expectations of strong AI data-center optics demand. Investors await Lumentum’s Feb. 3 earnings for signals on cloud infrastructure spending. Chief accounting officer Matthew Sepe will retire after the next quarterly report, with Eric Chang set to replace him.
Goldman Sachs stock edges up after Apple Card exit adds $0.46 to Q4 EPS — what to watch next

Goldman Sachs stock edges up after Apple Card exit adds $0.46 to Q4 EPS — what to watch next

Goldman Sachs shares rose 0.5% midday after confirming a deal to transfer the Apple Card program to JPMorgan Chase, moving over $20 billion in balances. The exit is expected to add $0.46 to Q4 EPS, with gains from loan-loss reserve releases offset by write-downs and contract costs. Investors await Goldman's Jan. 15 earnings for details on deal fees and trading. The Apple Card transition remains subject to regulatory approval.
AppLovin Corporation stock jumps as Wells Fargo lifts target ahead of Feb. 11 earnings

AppLovin Corporation stock jumps as Wells Fargo lifts target ahead of Feb. 11 earnings

AppLovin shares jumped 4.4% to $643.44 midday Friday after Wells Fargo raised its price target to $735 and reiterated an Overweight rating. The move outpaced gains in the Nasdaq and broader tech sector. AppLovin will report fourth-quarter and full-year results on Feb. 11 after market close. Investors are watching ad demand trends and upcoming Fed policy signals.
RTX stock rises as Trump buyback curb clouds defense payouts, $1.5T budget talk lingers

RTX stock rises as Trump buyback curb clouds defense payouts, $1.5T budget talk lingers

RTX shares rose 0.8% to $188.70 in midday trading Friday after President Trump signed an executive order tying defense contractor dividends, buybacks, and executive pay to weapons delivery timelines. Contractors, including RTX, are reviewing the order and seeking legal advice. Trump threatened to block Raytheon’s government contracts unless buybacks stop. Investors await RTX’s Jan. 27 earnings report for further guidance.
Ondas (ONDS) stock rises after $1 billion above-market financing — here’s what traders are parsing

Ondas (ONDS) stock rises after $1 billion above-market financing — here’s what traders are parsing

Ondas Holdings shares rose about 3% to $14.44 midday Friday after the company priced a $1 billion stock-and-warrant offering at $16.45 per share, a 17.5% premium to the prior close. The deal includes 19 million shares and pre-funded warrants tied to 60.79 million common stock equivalents. An SEC filing also disclosed Sentry CS, acquired in November, posted a $13.51 million net loss on $11.35 million sales in 2024.
9 January 2026
Chevron stock rises on Venezuela export scramble as White House talks loom

Chevron stock rises on Venezuela export scramble as White House talks loom

Chevron shares rose 1.5% to $161.57 in midday trading Friday as the company, Vitol, and Trafigura compete for U.S. deals involving Venezuelan crude, sources said. Chevron is in talks with the U.S. government to expand its Venezuela sanctions license. Oil prices climbed, with Brent at $62.49 a barrel. Investors await Chevron’s Jan. 30 results and any update on its Venezuela operations.
9 January 2026
AbbVie stock slips on $1.3B charge, deal-rumor denial — what’s next for ABBV

AbbVie stock slips on $1.3B charge, deal-rumor denial — what’s next for ABBV

AbbVie shares fell 0.8% to $222.35 after the company cut its 2025 profit outlook and denied takeover talks with Revolution Medicines. AbbVie now expects fourth-quarter adjusted EPS of $2.61–$2.65, down from $3.32–$3.36, citing a $1.3 billion pre-tax acquired R&D expense. Wolfe Research downgraded the stock to “Peer Perform.” AbbVie said results for the quarter ended Dec. 31 are not yet final.
Ford stock slips today after Piper upgrade pop as investors weigh Ford’s “eyes-off” driving push

Ford stock slips today after Piper upgrade pop as investors weigh Ford’s “eyes-off” driving push

Ford shares dropped 1.5% to $14.19 Friday, retracing gains from Thursday’s Piper Sandler upgrade. Traders are watching for Ford’s Feb. 10 earnings, with focus on EV spending and software revenue. The company plans to launch Level 3 driver-assist in 2028, but pricing and rollout details remain undecided. Broader market sentiment was shaped by a weaker U.S. jobs report and rate cut speculation.
Northrop Grumman stock jumps 4% as Trump payout order shakes defense sector, new contracts land

Northrop Grumman stock jumps 4% as Trump payout order shakes defense sector, new contracts land

Northrop Grumman shares climbed 4.2% to $615.86 Friday, rebounding after a sharp drop earlier in the week triggered by Trump’s order tying dividends, buybacks, and executive pay to weapons delivery schedules. The company announced a $94.3 million Navy missile contract and a $231.5 million Marine Corps drone award. Defense stocks have swung on policy signals and new contract wins.
Lockheed Martin stock jumps as Trump order targets defense buybacks and dividends; earnings next

Lockheed Martin stock jumps as Trump order targets defense buybacks and dividends; earnings next

Lockheed Martin shares rose 4.2% to $539.96 Friday after President Trump signed an executive order tying dividends, buybacks, and executive pay to weapons delivery schedules. Defense stocks gained as Trump called for a $1.5 trillion 2027 military budget, far above the $901 billion set for 2026. Lockheed paid $2.3 billion each in dividends and buybacks last year. The company reports quarterly results Jan. 29.
Visa stock slips as activist group presses for an “independent chair” vote

Visa stock slips as activist group presses for an “independent chair” vote

Visa shares fell 0.5% to $350.57 in midday trading Friday as a shareholder group urged support for a proposal to permanently separate the CEO and board chair roles. The vote is set for Visa’s Jan. 27 annual meeting. Mastercard was little changed; American Express slipped 0.8%. Investors are also awaiting Visa’s next earnings update.
9 January 2026
Merck (MRK) stock today: $32 billion Revolution talks and CDC vaccine shift put Feb. 3 in play

Merck (MRK) stock today: $32 billion Revolution talks and CDC vaccine shift put Feb. 3 in play

Merck shares rose 0.4% to $111.41 Friday after a report said it is in talks to buy Revolution Medicines for $28–32 billion. Revolution shares jumped 16% in extended trading. Merck just completed a $221.50-per-share tender offer for Cidara Therapeutics and said the deal will raise 2026 R&D expense by $9 billion. Analysts warned U.S. vaccine policy changes could cut Merck revenue by $2 billion annually.
Robinhood stock edges higher after Argus starts coverage; CEO share sale filing hangs over

Robinhood stock edges higher after Argus starts coverage; CEO share sale filing hangs over

Robinhood shares rose 0.6% to $116.10 Friday after Argus began coverage with a buy rating and $145 price target. CEO Vladimir Tenev sold 375,000 shares this week for about $45.6 million under a prearranged plan, according to a regulatory filing. Barclays trimmed its target to $159 but kept an “overweight” call. A legal brief from Native American groups targeted Robinhood’s prediction market business.
9 January 2026
Exxon Mobil (XOM) stock ticks up as filing flags up to $1.2 bln Q4 upstream hit

Exxon Mobil (XOM) stock ticks up as filing flags up to $1.2 bln Q4 upstream hit

Exxon Mobil shares rose 0.6% to $123.63 after warning lower crude prices may cut Q4 upstream earnings by $800 million to $1.2 billion, partly offset by stronger refining margins. Chevron gained 1.4% as oil prices climbed on supply concerns. Exxon also signed a memorandum with Turkey’s TPAO for exploration in the Black Sea and Mediterranean. Investors await Exxon’s Q4 results on Jan. 30.
Rocket Lab stock jumps today despite $103 million CFO sale filing: what RKLB traders watch next

Rocket Lab stock jumps today despite $103 million CFO sale filing: what RKLB traders watch next

Rocket Lab shares climbed 4.6% to $86.87 Friday morning after SEC filings showed CFO Adam Spice sold $103.1 million in stock and COO Frank Klein sold $7.3 million, both under preset 10b5-1 plans. Shares had dropped 1.2% Thursday following the insider sales. Investors are watching for the next earnings update and any changes to the Neutron rocket timetable.
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Stock Market Today

  • US Inflation Surges to 3.3% in March on War-Driven Gas Price Spike
    April 11, 2026, 6:17 PM EDT. US inflation hit 3.3% in March, the fastest annual pace in almost two years, driven largely by a 21.2% monthly surge in gasoline prices amid the Iran war. Gasoline accounted for nearly 75% of the 0.9% overall monthly price increase, triple February's rise. Core inflation, excluding food and energy, edged up 0.2% from February. Wage gains slowed sharply, with inflation-adjusted hourly earnings growing just 0.3% annually versus 1.3% prior. Economists warn inflation will worsen before improving, as the conflict's broader price impacts on transit and groceries remain muted but likely to grow. The recent ceasefire alleviated some risks but uncertainty persists. Inflation pressures were mounting pre-war due to tariffs and strong consumer demand, suggesting continued inflation acceleration ahead.

Latest article

India F-35 Deal Hits Pause: Lockheed Martin Says No Direct Talks, U.S. Door Still Open

India F-35 Deal Hits Pause: Lockheed Martin Says No Direct Talks, U.S. Door Still Open

11 April 2026
Lockheed Martin said it is not in direct talks with India over the F-35, clarifying that any approach must go through official U.S. and Indian channels under the Foreign Military Sales process. Indian officials confirmed no formal discussions on acquiring the F-35 have begun. India recently approved a $40 billion military upgrade, including other fighter jets, while Lockheed’s F-21 remains in a separate competition.
Why SNOW Stock Is Falling Again: Snowflake Nears 52-Week Low as AI Worries Hit Software

Why SNOW Stock Is Falling Again: Snowflake Nears 52-Week Low as AI Worries Hit Software

11 April 2026
Snowflake shares fell 8.4% to $121.11 on Friday after an 11.7% drop Thursday, as investors sold off software stocks amid concerns over new AI tools from Anthropic and OpenAI. The stock now trades just above its 52-week low. The S&P 500 Software and Services Index is down 25.5% for the year. Snowflake reported fourth-quarter product revenue of $1.23 billion, up 30% from a year earlier.
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 11.04.2026

11 April 2026
LIVEMarkets rolling coverageStarted: April 11, 2026, 12:00 AM EDTUpdated: April 11, 2026, 6:37 PM EDT US Inflation Surges to 3.3% in March on War-Driven Gas Price Spike April 11, 2026, 6:17 PM EDT. US inflation hit 3.3% in March, the fastest annual pace in almost two years, driven largely by a 21.2% monthly surge in gasoline prices amid the Iran war. Gasoline accounted for nearly 75% of the 0.9% overall monthly price increase, triple February's rise. Core inflation, excluding food and energy, edged up 0.2% from February. Wage gains slowed sharply, with inflation-adjusted hourly earnings growing just 0.3% annually versus
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