Today: 12 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.

Tesla stock slips as supplier guts $2.9 bln battery deal to $7,386

Tesla stock slips as supplier guts $2.9 bln battery deal to $7,386

Tesla shares dropped 2.2% to $464.88 in early trading Monday after South Korea’s L&F cut the value of a battery-material supply deal with Tesla from $2.9 billion to $7,386. L&F did not give a reason for the reduction. The deal covers high-nickel cathode materials for Tesla’s in-house 4680 batteries used in the Cybertruck. Neither company immediately commented.
29 December 2025
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Micron stock slips on ex-dividend day as chip rally cools into year-end

Micron stock slips on ex-dividend day as chip rally cools into year-end

Micron Technology shares fell 0.6% to $284.79 in early trading Monday as the stock began trading ex-dividend. The company’s $0.115 per share dividend is payable Jan. 14 to holders as of Dec. 29. Trading volume was thin ahead of the New Year’s holiday, with broader chip stocks little changed. Investors are watching for Federal Reserve minutes and jobless claims later in the week.
29 December 2025
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PMO sets 2030 deadline for Coal India’s subsidiary IPOs

PMO sets 2030 deadline for Coal India’s subsidiary IPOs

India’s Prime Minister’s Office has ordered the coal ministry to map and list all Coal India subsidiaries by 2030, sources told PTI. Bharat Coking Coal and Central Mine Planning & Design Institute are expected to list by March 2026, with IPO filings submitted to SEBI. Roadshows for Bharat Coking Coal have concluded. Coal India’s board has also approved listing processes for Mahanadi and South Eastern Coalfields.
29 December 2025
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Bristol Myers stock drifts near $55 as year-end trading thins and Fed minutes loom

Bristol Myers stock drifts near $55 as year-end trading thins and Fed minutes loom

Bristol Myers Squibb shares closed down 0.1% at $54.64 Friday, trading in a narrow range as year-end positioning and Fed rate signals dominated market focus. The company’s next investor event is its fourth-quarter results call on Feb. 5. Thin holiday trading volume heightened volatility across sectors. The S&P 500 hovered near 7,000, with investors watching for signs of momentum shifts.
29 December 2025
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Uber stock hovers near $81 into New Year’s week — here’s what traders are watching

Uber stock hovers near $81 into New Year’s week — here’s what traders are watching

Uber shares closed up 0.1% at $81.26 on Friday, remaining well below the year’s high of $101.99. Investors are watching legal risks tied to Uber One and new autonomous-vehicle partnerships, including a planned UK robotaxi trial with Baidu. The stock trades in a holiday-shortened week with thin volume and upcoming U.S. economic data. Uber’s next earnings report is expected in early February.
29 December 2025
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Silver’s India rally drives buyers to coins as jewellery demand cools

Silver’s India rally drives buyers to coins as jewellery demand cools

Silver futures on India’s MCX surged to 240,935 rupees per kilogram by Friday, up from 208,439 rupees on Dec. 19, Aaj Tak reported. Benchmark silver rates hit records, with IBJA’s price closing at 228,107 rupees per kilogram. In Shahjahanpur, silver jewellery sales dropped by up to 50% as buyers shifted to coins and bars, according to Amar Ujala. Gold prices also rose sharply over the same period.
29 December 2025
CrowdStrike stock ends higher as Wedbush backs AI tailwind; Zacks cuts rating to hold

CrowdStrike stock ends higher as Wedbush backs AI tailwind; Zacks cuts rating to hold

CrowdStrike shares closed Friday up 0.8% at $481.19 in light post-holiday trading. Wedbush reiterated an “Outperform” rating and $600 price target, citing AI momentum, while Zacks Research lowered its rating to “hold.” Investors await pending home sales data Monday and Federal Reserve minutes Tuesday. Trading volumes remain thin as year-end approaches.
29 December 2025
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PNB fraud alert, Coforge’s $2.35 billion Encora deal and MCX split: India stocks to watch Monday

PNB fraud alert, Coforge’s $2.35 billion Encora deal and MCX split: India stocks to watch Monday

Punjab National Bank reported a 24.34 billion rupee loan fraud involving former promoters of two SREI Group firms. Coforge announced a $2.35 billion deal to acquire AI firm Encora, with combined annual revenue projected at $2.5 billion. A-1 Ltd will trade ex-bonus Dec. 31, issuing three bonus shares per share held, and shifted its stock split record date to Jan. 8, 2026.
29 December 2025
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Coforge’s $2.35 billion Encora deal tops India’s stocks-to-watch list for Dec. 29

Coforge’s $2.35 billion Encora deal tops India’s stocks-to-watch list for Dec. 29

Coforge agreed to acquire U.S.-based Encora for $2.35 billion and will raise up to $550 million via a share sale to fund the deal. Punjab National Bank reported a 24.34 billion-rupee fraud to regulators. Timex Group India’s promoter plans to sell up to 8.93% on Dec. 29–30. GIFT Nifty futures rose 40 points to 26,100 ahead of Monday’s open.
29 December 2025
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Mastercard stock holds near $580 as Fed minutes loom and year-end trading thins

Mastercard stock holds near $580 as Fed minutes loom and year-end trading thins

Mastercard shares closed Friday up 0.03% at $579.60, trading in a narrow range as U.S. markets saw light post-holiday volume. The S&P 500 ended just below record highs, with the Dow down 0.04% and Nasdaq off 0.09%. Investors await Tuesday’s Federal Reserve minutes for signals on 2026 rate moves. Mastercard’s next earnings report is expected around January 29.
29 December 2025
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Stock Market Today

  • US Stock Market Plunges Amid Middle East Tensions, Oil Surge and Rising Yields
    March 12, 2026, 1:06 PM EDT. The US stock market experienced a sharp decline, with the Dow Jones dropping over 600 points, the S&P 500 falling 1.22%, and the Nasdaq sliding 1.66%. This sell-off was triggered by a surge in oil prices above $100 per barrel after attacks on Middle East energy infrastructure by Iran, which also threatened closure of the Strait of Hormuz, a key shipping route for 20% of global oil. Rising geopolitical risk, climbing US Treasury yields nearing 5%, and inflation concerns further pressured markets. Oil surged nearly 9%, while 30-year Treasury yields approached 4.87%, raising fears of higher borrowing costs. Investors responded by selling off stocks, particularly in technology and growth sectors sensitive to inflation and rate hikes. The market downturn illustrates intensified war risks combined with economic pressures shaking investor confidence.

Latest article

Snap Stock Price Today: Shares Slip as UK Child-Safety Push Adds Pressure

Snap Stock Price Today: Shares Slip as UK Child-Safety Push Adds Pressure

12 March 2026
Snap Inc shares fell 1.4% to $4.79 midday Thursday after UK regulators ordered Snapchat and other platforms to tighten age checks for minors. Ofcom and the ICO set an April 30 deadline for compliance, warning of possible fines. The drop came amid a broader tech selloff, with Meta, Alphabet, and Reddit also down. Snap did not comment on the UK order.
Unilever Stock Price: Why Shares Are Stuck Near 4,840p Despite a €1.5 Billion Buyback

Unilever Stock Price: Why Shares Are Stuck Near 4,840p Despite a €1.5 Billion Buyback

12 March 2026
Unilever shares traded near 4,840 pence Thursday, little changed after closing Wednesday at 4,846 pence, down 1.24%. Investors weighed February guidance that 2026 sales growth would hit the low end of its 4%-6% range. The company completed its ice cream demerger in December and plans a €1.5 billion share buyback in the second quarter. The stock remains 12.56% below its December 52-week high.
Trump’s Plan to Cut Oil Prices Runs Into Hormuz as Iran War Rattles Markets

Trump’s Plan to Cut Oil Prices Runs Into Hormuz as Iran War Rattles Markets

12 March 2026
Brent crude fell 11% on March 10 after Trump suggested the Iran war could end soon, then rebounded to $98.45 as Gulf attacks intensified. The IEA and U.S. launched a record emergency oil release, but flows through the Strait of Hormuz remain under 10% of pre-war levels. U.S. gasoline prices rose 19% since the conflict began. The White House said Navy escorts for tankers are not yet possible.
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