Today: 23 April 2026

Khadija Saeed

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

Broadcom stock edges up as chip shares rally to start 2026; AI valuations back in focus

Broadcom stock edges up as chip shares rally to start 2026; AI valuations back in focus

Broadcom shares rose 0.44% to $347.62 Friday, trailing a 4% jump in the Philadelphia SE Semiconductor index. Advanced Micro Devices and Nvidia outpaced Broadcom, gaining 4.35% and 1.26% respectively. The Dow climbed 0.66%, the S&P 500 added 0.19%, and the Nasdaq slipped 0.03%. Broadcom closed about 16% below its 52-week high after warning of margin pressure from AI product sales in December.
Meta stock slips to start 2026 as rates rise; traders eye earnings timing

Meta stock slips to start 2026 as rates rise; traders eye earnings timing

Meta Platforms shares fell 1.4% to $650.41 on Friday, marking a second straight drop as Treasury yields climbed and U.S. stocks closed mixed. Trading volume was about 13.7 million shares, below the 50-day average. The 10-year Treasury yield ended near 4.19%. Investors are awaiting next week’s U.S. labor data and Meta’s earnings date.
Palantir stock tumbles 5.6% to start 2026 as pricey AI names face a reality check

Palantir stock tumbles 5.6% to start 2026 as pricey AI names face a reality check

Palantir Technologies shares fell 5.6% to $167.86 Friday, dropping below key technical levels as chipmakers rallied and the Nasdaq edged down 0.03%. The stock traded between $182.93 and $166.38 on heavy volume. Investors shifted out of high-valuation growth names ahead of next week’s U.S. jobs data. Palantir’s decline came despite recent strong revenue guidance tied to AI demand.
Tesla stock slides after Q4 deliveries report as BYD overtakes — what’s next for TSLA

Tesla stock slides after Q4 deliveries report as BYD overtakes — what’s next for TSLA

Tesla shares fell 2.6% to $438.07 Friday after reporting fourth-quarter deliveries of 418,227 vehicles, down over 8% for the year. China’s BYD overtook Tesla in 2025 with 2.26 million EV sales. Tesla deployed a record 14.2 GWh of energy storage in the quarter. Investors await the Jan. 28 earnings report for revenue, margins, and 2026 outlook.
Apple stock today slips to start 2026 as Raymond James flags valuation; what investors watch next

Apple stock today slips to start 2026 as Raymond James flags valuation; what investors watch next

Apple shares closed down 0.3% at $271.01 on Friday, underperforming the S&P 500 after Raymond James resumed coverage with a neutral rating, citing valuation concerns. The firm estimated tariffs could cut Apple’s December-quarter revenue by $1.4 billion. Apple named Ben Borders as principal accounting officer, replacing Chris Kondo. Reports said Vision Pro sales remain sluggish, with IDC estimating 45,000 units sold last quarter.
Microsoft stock slides on Brazil antitrust probe into cloud licensing — what investors watch next

Microsoft stock slides on Brazil antitrust probe into cloud licensing — what investors watch next

Microsoft shares fell 2.21% to $472.94 on Friday after Brazil’s antitrust regulator CADE opened an investigation into its corporate software and cloud practices. The probe follows a UK report alleging Microsoft’s licensing policies harm rivals like Amazon and Google. U.S. markets are closed Saturday. Investors await the Jan. 9 U.S. jobs report for macro signals.
Nvidia stock today: NVDA closes higher as chip rally kicks off 2026 — what investors watch next week

Nvidia stock today: NVDA closes higher as chip rally kicks off 2026 — what investors watch next week

Nvidia shares closed up 1.2% at $188.85 Friday, leading gains among U.S. chipmakers as the Philadelphia SE Semiconductor index rose 4%. An SEC filing showed Nvidia officer Donald Robertson filed to sell up to 80,000 shares under a prearranged plan. Investors are watching for Nvidia’s CES appearance Jan. 5 and key U.S. jobs data next week.
Shopify stock slides after Canadian court order in CRA data dispute

Shopify stock slides after Canadian court order in CRA data dispute

Shopify shares fell 2.3% to $157.20 Friday after a Canadian appeals court ordered the company to retain data sought by the Canada Revenue Agency in a tax dispute. The CRA has requested six years of merchant data, citing compliance concerns. U.S. stocks ended mixed as Treasury yields rose. Investors await next week’s U.S. jobs and inflation reports for signals on interest rates.
3 January 2026
Chevron stock rises as energy kicks off 2026; OPEC+ and Venezuela in focus

Chevron stock rises as energy kicks off 2026; OPEC+ and Venezuela in focus

Chevron rose 2.3% to $155.90 on the first trading day of 2026, tracking gains in major oil stocks. Brent crude settled at $60.75 a barrel, down 10 cents, ahead of Sunday’s OPEC+ output decision. Traders are watching delayed U.S. jobs data and Chevron’s upcoming earnings for the next move. Venezuela’s oil exports remain under pressure from U.S. sanctions, but Chevron continues shipments under a special license.
3 January 2026
Confluent (CFLT) stock slips to $30 as IBM’s $31 deal caps upside — what investors watch next

Confluent (CFLT) stock slips to $30 as IBM’s $31 deal caps upside — what investors watch next

Confluent shares closed at $30.11, 0.4% lower and just below IBM’s $31-per-share cash offer. IBM expects to complete the $11 billion acquisition by mid-2026, with support from holders of about 62% of Confluent’s voting power. Investors are watching U.S. jobs data on Jan. 9 and CPI on Jan. 13 for signals that could affect deal spreads.
IBM stock drops 1.6% as Big Blue touts Quantum Nighthawk chip ahead of Jan. 28 earnings

IBM stock drops 1.6% as Big Blue touts Quantum Nighthawk chip ahead of Jan. 28 earnings

IBM shares fell 1.59% to $291.50 Friday, underperforming the S&P 500 and Dow, despite the company launching its first Quantum Nighthawk processor and a new Heron r3 offering. Trading volume was about 4.6 million shares, below the 50-day average. IBM sits 10% below its 52-week high after a late-2025 rally. Investors await U.S. jobs data Jan. 9 and IBM’s preliminary Q4 earnings Jan. 28.
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Stock Market Today

  • Sensex plunges 852 points; Nifty dips below 24,200 with pharma stocks bucking trend
    April 23, 2026, 6:14 AM EDT. The BSE Sensex dropped 852.49 points (1.09%) to close at 77,664 on Thursday, as broad-based selling hit financials, IT, and consumption sectors. The NSE Nifty 50 slipped 205.05 points (0.84%) to 24,173.05, retreating below the 24,200 level. Heavyweight banks like HDFC Bank and ICICI Bank fell over 1.5%, while IT giants Infosys and Tech Mahindra saw declines above 2.9%. Consumer stocks also faltered, with Trent down 4.3%. Conversely, pharma stocks led gains, with Dr Reddy's Laboratories soaring nearly 9% and Cipla up 5.7%, offsetting deeper losses. Analysts cited profit booking after recent rallies and ongoing sector rotation as key factors. Investors look ahead to corporate earnings, global market cues, and foreign fund flows for near-term direction.

Latest article

Tesla Q1 Earnings: Profit Beats Estimates on $22.4 Billion Revenue, but Musk’s Spending Surge Raises the Stakes

Tesla Q1 Earnings: Profit Beats Estimates on $22.4 Billion Revenue, but Musk’s Spending Surge Raises the Stakes

23 April 2026
Tesla reported first-quarter revenue of $22.39 billion and net income of $477 million, beating profit expectations despite weak vehicle deliveries and rising inventory. Adjusted earnings per share were 41 cents. Free cash flow reached $1.44 billion, but the company warned it would likely turn negative for the rest of 2026. Tesla increased its capital spending forecast to over $25 billion for the year.
Gold eases from one-week bounce as Iran truce holds and Warsh signals hawkish tilt

Gold eases from one-week bounce as Iran truce holds and Warsh signals hawkish tilt

23 April 2026
Gold fell 0.8% to $4,701/oz in early Asian trade Thursday, reversing much of Tuesday’s gain as an extended U.S.-Iran ceasefire reduced safe-haven demand. The dollar index rose to 98.57 and U.S. 10-year yields hit 4.31% after hawkish comments from Fed chair nominee Kevin Warsh. Gold remains about 13% below its January record high but is up 8% year-to-date. Traders await the April 28–29 FOMC meeting.
Asia Stocks Slip From Record Highs as Oil Surges Above $100 and Nikkei Fails to Hold 60,000

Asia Stocks Slip From Record Highs as Oil Surges Above $100 and Nikkei Fails to Hold 60,000

23 April 2026
Japan’s Nikkei closed down 0.75% at 59,140.23 after briefly topping 60,000, as Brent crude climbed to $103.3 a barrel amid renewed tensions in the Strait of Hormuz. MSCI’s Asia-Pacific index outside Japan slipped 0.5%. South Korea’s economy grew 1.7% in Q1, beating forecasts, with SK Hynix reporting a five-fold profit jump. Hong Kong’s Hang Seng fell 1.1%, China’s CSI300 dropped 0.8%.
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