Today: 13 March 2026
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Khadija Saeed

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

Palo Alto Networks stock today: PANW slides nearly 3% as cybersecurity shares lag to start 2026

Palo Alto Networks stock today: PANW slides nearly 3% as cybersecurity shares lag to start 2026

Palo Alto Networks shares fell 2.9% to $178.87 in afternoon trading Friday, underperforming the S&P 500, which edged up 0.2%. CrowdStrike, Zscaler, and Fortinet also declined. About 4.1 million Palo Alto shares changed hands as traders awaited next week’s U.S. jobs and inflation data. The stock traded between $186.99 and $177.23 during the session.
2 January 2026
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Texas Instruments (TXN) stock jumps nearly 3% as chip rally returns — what investors watch next

Texas Instruments (TXN) stock jumps nearly 3% as chip rally returns — what investors watch next

Texas Instruments shares rose 2.9% to $178.54 by 2:59 p.m. ET Friday, leading gains among chip stocks as the iShares Semiconductor ETF climbed 4.5%. The Philadelphia Semiconductor Index was up 3.5%. Investors are watching next week’s U.S. jobs and inflation data for signals on 2026 rate cuts. CEO Haviv Ilan will become board chairman in January, succeeding Rich Templeton.
2 January 2026
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Western Digital stock jumps 8% today as AI storage names lead early 2026 trade

Western Digital stock jumps 8% today as AI storage names lead early 2026 trade

Western Digital jumped 8% to $186.30 Friday, leading gains in storage stocks as Sandisk surged 14% and Micron rose 10%. The rally followed a strong 2025 for Western Digital, now focused on hard disk drives after spinning off its flash unit last February. Investors are watching upcoming U.S. jobs and inflation data for signals on interest rates.
2 January 2026
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Carvana stock slides nearly 5% in first 2026 session as CVNA lags used-car peers

Carvana stock slides nearly 5% in first 2026 session as CVNA lags used-car peers

Carvana shares fell about 5% to $401.17 in Friday afternoon trading, trailing the broader market as the S&P 500 ETF edged up 0.1%. The stock touched a low of $390.87 after a strong 2025 and recent S&P 500 inclusion. CarMax rose 1.5%, while other rivals were little changed. Investors are watching for next week’s U.S. jobs and inflation data, and Carvana’s earnings expected Feb. 18.
2 January 2026
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Why Shopify stock is down today: Canadian court order keeps CRA data fight in focus

Why Shopify stock is down today: Canadian court order keeps CRA data fight in focus

Shopify shares dropped 1.8% to $158.08 after a Canadian appeals court ordered the company to retain merchant data sought by the Canada Revenue Agency in a tax compliance case. The CRA has requested six years of records, while Shopify typically deletes data from inactive accounts after two years. Investors also tracked broader software sector sentiment ahead of key U.S. economic reports.
2 January 2026
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Uber stock rises as UK VAT ‘taxi tax’ takes effect; what investors watch next

Uber stock rises as UK VAT ‘taxi tax’ takes effect; what investors watch next

Uber shares rose 0.9% to $82.48 Friday after Britain barred London private-hire firms from using a VAT scheme, a move expected to raise £700 million annually. Uber rewrote contracts outside London to shift VAT responsibility to drivers, most of whom fall below the registration threshold, the Guardian reported. Lyft gained 1.6% and DoorDash slipped 1.5% in U.S. trading.
2 January 2026
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Applied Digital stock jumps 15% today as ChronoScale spinoff plan and Jan. 7 earnings come into focus (APLD)

Applied Digital stock jumps 15% today as ChronoScale spinoff plan and Jan. 7 earnings come into focus (APLD)

Applied Digital Corp shares rose 15.4% to $28.29 Friday after announcing plans to spin out its cloud business and merge it with EKSO Bionics to form ChronoScale, an AI-focused platform. The company’s fiscal Q2 results are due Jan. 7. Applied Digital will own about 97% of ChronoScale if the deal closes. The stock outperformed major indexes and sector peers.
2 January 2026
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AbbVie stock edges up today as Linzess partner Ironwood cuts list price, lifts 2026 outlook

AbbVie stock edges up today as Linzess partner Ironwood cuts list price, lifts 2026 outlook

AbbVie shares rose 0.2% to $228.95 after Ironwood Pharmaceuticals, its Linzess partner, raised 2026 U.S. net sales guidance and cut the drug’s list price effective Jan. 1. Ironwood shares jumped 29.5%. Ironwood now expects 2026 Linzess U.S. net sales of $1.125–$1.175 billion, up from 2025’s $860–$890 million forecast. Wall Street trading was muted as investors awaited U.S. labor data and watched for broader drug pricing moves.
2 January 2026
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Pfizer stock rises today as 2026 drug price hikes grab headlines again — what PFE investors are watching

Pfizer stock rises today as 2026 drug price hikes grab headlines again — what PFE investors are watching

Pfizer shares rose 0.8% to $25.09 Friday amid renewed focus on U.S. drug pricing after reports of 2026 list-price hikes, including a 15% increase for its COVID-19 vaccine. A Reuters report said Pfizer will lead price increases on about 80 drugs, though most hikes are under 10%. Investors await Pfizer’s next quarterly update on February 3. Trading volume reached about 20.7 million shares.
2 January 2026
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Wells Fargo stock rises today as traders eye jobs report, big-bank earnings kickoff

Wells Fargo stock rises today as traders eye jobs report, big-bank earnings kickoff

Wells Fargo shares rose 1.2% to $94.35 in early afternoon New York trading Friday, moving between $92.81 and $94.43. The SPDR S&P Bank ETF edged up 0.3%, while the broader financial sector slipped. Investors are watching for the Jan. 9 U.S. jobs report and Wells Fargo’s Jan. 14 earnings. The Fed has cut rates at its last three meetings, with futures showing a 50% chance of another cut in March.
2 January 2026
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Stock Market Today

  • Economic Fallout and Market Risks of $200-a-Barrel Oil
    March 13, 2026, 6:31 PM EDT. WTI crude oil at $200 per barrel would trigger a profound shock to the U.S. economy, moving it beyond a soft landing into a structural crisis. Gasoline prices could top $6.50 a gallon, slashing over $400 billion in consumer spending, with discretionary sectors like retail and travel hardest hit. Lower-income families risk energy poverty, potentially raising credit defaults. Economists from Vanguard and RBC forecast a sharp GDP contraction of 1.5% to 2.5%, driven by 'cost-push' inflation as production costs rise while demand erodes. The Federal Reserve faces a stark policy challenge as inflation surges above 7-8% amid economic shrinkage, risking stagflation. Yet, as the largest oil producer, the U.S. may partly offset these headwinds through increased energy sector revenues, balancing the downturn's impact.
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