Today: 13 April 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.

Occidental Petroleum stock ends up 3% after $9.7B OxyChem sale to Berkshire closes — what investors watch next

Occidental Petroleum stock ends up 3% after $9.7B OxyChem sale to Berkshire closes — what investors watch next

Occidental Petroleum shares rose 3.1% to $42.38 after closing the $9.7 billion sale of its OxyChem unit to Berkshire Hathaway. The company said it will use $6.5 billion from the deal to redeem debt, according to an SEC filing. Net after-tax proceeds are estimated at $7.75 billion. Oil prices slipped, with Brent settling at $60.75 a barrel.
3 January 2026
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Shell stock jumps to start 2026 as buyback update lands ahead of OPEC+ meeting

Shell stock jumps to start 2026 as buyback update lands ahead of OPEC+ meeting

Shell’s U.S.-listed shares rose 2.7% to $75.44 on Friday after the company disclosed new share repurchases for cancellation. Shell bought back about 1.48 million shares on Jan. 2 as part of a $3.5 billion buyback program. Oil futures ended slightly lower ahead of an OPEC+ meeting this weekend. Shell’s next results and dividend announcement are set for Feb. 5.
3 January 2026
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ConocoPhillips stock jumps 3.3% as oil steadies; Venezuela and OPEC+ headlines are next

ConocoPhillips stock jumps 3.3% as oil steadies; Venezuela and OPEC+ headlines are next

ConocoPhillips shares rose 3.3% to $96.70 Friday, with 7 million shares traded. Oil prices slipped, with Brent settling at $60.75 a barrel and WTI at $57.32. President Trump said U.S. oil firms, including ConocoPhillips and Exxon, are ready to invest billions in Venezuela’s oil sector. OPEC+ meets Sunday, with traders expecting no output increase in the first quarter.
3 January 2026
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Constellation Energy stock rebounds as 2026 begins; what CEG investors watch next

Constellation Energy stock rebounds as 2026 begins; what CEG investors watch next

Constellation Energy rose 3.7% to $366.25 Friday, ending a four-day slide as utilities led U.S. equities higher on the first trading day of 2026. The stock remains 11% below its October peak. Investors are watching a Jan. 12 debt-exchange deadline tied to Constellation’s Calpine deal and next week’s U.S. labor data. Trading volume was 2.3 million shares, slightly below the 50-day average.
3 January 2026
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Reddit stock jumps as Needham calls it the “new homepage” for AI answers

Reddit stock jumps as Needham calls it the “new homepage” for AI answers

Reddit shares jumped 5.3% to close at $241.89 Friday, near the session high, after a Needham analyst highlighted the platform’s growing role as a source for AI-generated answers. The move came as investors weighed bullish analyst notes and ongoing data-licensing deals with Google and OpenAI. The S&P 500 ETF rose 0.2%, while Meta fell 1.4% and Pinterest gained 2.7%. Reddit traded between $228.44 and $242.69.
3 January 2026
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Rigetti (RGTI) stock jumps as quantum names rebound; SEC filing flags insider sale plan

Rigetti (RGTI) stock jumps as quantum names rebound; SEC filing flags insider sale plan

Rigetti shares jumped 6.6% to $23.60 Friday, trading over 37 million shares as tech stocks rebounded to start 2026. Director Alissa Fitzgerald filed to sell 59,316 shares, valued at about $1.31 million, after the close. The stock traded between $21.62 and $24.00. Investors are watching for U.S. jobs data Jan. 9 and Rigetti’s earnings in early March.
3 January 2026
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Stock Market Today

  • Morgan Stanley Launches Bitcoin ETF, Rated in Top 1% by Analyst
    April 13, 2026, 10:07 AM EDT. Morgan Stanley debuted its Bitcoin spot ETF, MSBT, with a low sponsor fee of 0.14%, generating over $25 million in half a day. Bloomberg analyst Eric Balchunas ranked the launch in the top 1% of all ETF debuts. The ETF complements Morgan Stanley's crypto strategy, which includes Ethereum and Solana trusts. Despite muted investor interest in crypto this year, Bitcoin ETFs have garnered more than $1 billion in net inflows in 2026, with Morgan Stanley recommending a 2% to 4% crypto allocation to clients. Coinbase Institutional and BNY Mellon serve as custodians of MSBT, signaling growing financial sector acceptance. However, other major banks may hesitate to follow Morgan Stanley into crypto ETFs soon.

Latest article

Super Micro Stock Faces Fresh Test as China Probe Casts Shadow Over Nvidia Ties

Super Micro Stock Faces Fresh Test as China Probe Casts Shadow Over Nvidia Ties

13 April 2026
Super Micro Computer shares traded at $25.26 early Monday as the company faces a board-led probe into alleged diversions of servers to China. U.S. prosecutors in March accused three former associates of routing $2.5 billion in AI technology through Taiwan and Southeast Asia. Super Micro says the men no longer have ties to the firm. Shareholders will vote on directors, including CEO Charles Liang, at a virtual meeting April 15.
Asia Flight Delays and Cancellations Latest: Tokyo, Singapore, Dubai Show Low Disruption as Gulf Route Cuts Persist

Asia Flight Delays and Cancellations Latest: Tokyo, Singapore, Dubai Show Low Disruption as Gulf Route Cuts Persist

13 April 2026
Major Asian airports showed low delays Monday, with no regionwide shutdown, according to Cirium FlightStats. Emirates and Dubai Airports reported some cancellations and delays after a partial UAE airspace closure. Singapore Airlines and Cathay Pacific have suspended Dubai flights into June. Jet fuel shortages and longer routes are driving up costs, with India facing added pressure from Dubai’s flight restrictions.
ServiceNow Stock Slides as UBS Warns AI Threat Is Bigger Than First Thought

ServiceNow Stock Slides as UBS Warns AI Threat Is Bigger Than First Thought

13 April 2026
UBS downgraded ServiceNow to neutral from buy and cut its price target to $100 from $170, citing AI disruption risk and weaker demand for non-AI software. ServiceNow shares traded at $83.00 before the bell Monday, down 7.6% from the previous close and 44% lower year-to-date. The company has added AI features across all products. Bernstein reiterated an Outperform rating.
Trump Orders Iran Blockade as Oil Nears $150 in Europe and Stocks Slip

Trump Orders Iran Blockade as Oil Nears $150 in Europe and Stocks Slip

13 April 2026
Europe’s immediate-delivery crude surged to nearly $150 a barrel and U.S. stock futures dropped after the U.S. ordered a blockade on Iranian port traffic, set to begin at 1400 GMT. North Sea Forties crude hit a record $148.87, while Brent rose above $100. Shipping through the Gulf showed disruption, with tankers rerouting and Tehran warning of retaliation. Dow, S&P 500, and Nasdaq futures all fell before the open.
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