Today: 12 March 2026

Khadija Saeed

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

Iran says Russia launched three new satellites, deepening Moscow-Tehran space ties

Iran says Russia launched three new satellites, deepening Moscow-Tehran space ties

Iran said three satellites—Paya, Zafar-2, and Kowsar—were launched into low Earth orbit from Russia using a Soyuz rocket from the Vostochny Cosmodrome. Iranian state media reported the satellites will monitor agriculture and the environment. Western governments have raised concerns about dual-use rocket technology. The launch follows a similar Iranian satellite mission from Russia in July.
29 December 2025
Home Depot stock ends higher into year-end as Fed minutes loom and housing stays in focus

Home Depot stock ends higher into year-end as Fed minutes loom and housing stays in focus

Home Depot shares closed up 0.7% at $349.78 in thin post-Christmas trading Friday, with about 1.8 million shares exchanged. The stock remains about 18% below its 52-week high. Investors are watching for Federal Reserve rate signals and Home Depot’s next earnings report, expected in late February. The company recently forecast flat to modest growth for fiscal 2026, trailing analyst expectations.
29 December 2025
Rigetti stock drops nearly 9% as quantum names cool into year-end

Rigetti stock drops nearly 9% as quantum names cool into year-end

Rigetti Computing shares fell 8.6% to $22.38 Friday, leading a drop in quantum-computing stocks as year-end trading thinned. IonQ lost 7.6%, D-Wave Quantum slid 8.1%, and Quantum Computing Inc dropped 6.5%. The S&P 500 and other major indexes ended nearly flat after the holiday. Traders are watching for updates from quantum firms and signs of a continued “Santa Claus rally” into January.
PepsiCo stock holds near $144 as leadership handoff hits and year-end data looms

PepsiCo stock holds near $144 as leadership handoff hits and year-end data looms

PepsiCo shares closed up 0.03% at $143.78 Friday as a leadership transition in its North America business takes effect Sunday, SEC filings show. Steven Williams moves to a global executive role while Ram Krishnan becomes CEO of PepsiCo North America. The change follows pressure from activist investor Elliott, which disclosed a $4 billion stake in September. Investors await U.S. housing data and Fed minutes on Monday.
29 December 2025
IonQ drops with quantum peers into year-end, as investors weigh next catalysts

IonQ drops with quantum peers into year-end, as investors weigh next catalysts

IonQ shares closed down 7.6% at $46.00 Friday, after touching a low of $45.78, with D-Wave, Rigetti, and Quantum Computing Inc also falling sharply. The drop followed recent IonQ announcements of new system deals in South Korea and Switzerland, including a 100-qubit system agreement with KISTI on Dec. 23. Trading volume reached about 19.7 million shares.
GE Vernova stock slips into year-end as traders eye Fed minutes and Jan. 28 earnings

GE Vernova stock slips into year-end as traders eye Fed minutes and Jan. 28 earnings

GE Vernova shares closed down 0.6% at $663.46 Friday, trading between $660.49 and $668.20. The company recently doubled its dividend to $0.50 per share and expanded its buyback authorization to $10 billion. Management reaffirmed 2025 revenue guidance and reported 18 GW of gas turbine contracts signed quarter-to-date. Investors remain focused on supply constraints and long lead times for large gas turbines.
WBD stock ends lower as Netflix-Paramount takeover fight heads toward Jan. 21 tender deadline

WBD stock ends lower as Netflix-Paramount takeover fight heads toward Jan. 21 tender deadline

Warner Bros. Discovery shares closed down 1.4% at $28.80, trading between Netflix’s $27.75-per-share merger value and Paramount Skydance’s $30 all-cash tender offer. Paramount extended its offer deadline to January 21, 2026, and reported minimal shares tendered so far. WBD’s board continues to back the Netflix deal and has advised shareholders not to act on Paramount’s bid.
Silver breaks $80, then whipsaws as record gold prices cool India buying

Silver breaks $80, then whipsaws as record gold prices cool India buying

Silver briefly topped $80 an ounce for the first time before tumbling in volatile trading Monday. India’s gold price hit a record 139,286 rupees per 10 grams Friday, widening discounts as retail demand slowed. Dealers cited tight supply and strong industrial demand for the surge. Retail gold in India was quoted at about 14,121 rupees per gram, with silver near 2,50,900 rupees per kilogram.
29 December 2025
Singapore’s stock revival lifts IPO fundraising — and dividend hunters are chasing ThaiBev

Singapore’s stock revival lifts IPO fundraising — and dividend hunters are chasing ThaiBev

Singapore led Southeast Asia in IPO proceeds in 2025, with nine deals raising about $1.6 billion, according to Deloitte. The Monetary Authority of Singapore allocated S$3.95 billion to nine fund managers under a S$5 billion equity market program to boost liquidity. The Straits Times Index hit record highs, but market volumes fell from 38.6 billion shares in September to 29.3 billion in November.
29 December 2025
Lam Research stock steadies near $180 as investors eye Fed minutes and January earnings

Lam Research stock steadies near $180 as investors eye Fed minutes and January earnings

Lam Research shares closed at $178.07, up 0.4% in the latest session, outpacing broader indexes. Analysts cited in recent broker notes and reports expect a rebound in memory chip equipment spending in 2026. Investors are watching Fed minutes and economic data for rate signals ahead of Lam’s January earnings. The company’s fiscal quarter ended Sunday.
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Stock Market Today

  • Meyer Wilson Werning Probes Forge Securities Over Pre-IPO Fraud Claims
    March 12, 2026, 12:07 PM EDT. Meyer Wilson Werning, a national investor protection law firm, has opened an investigation into Forge Securities LLC following allegations it directed investors into a federally indicted pre-IPO fraud scheme. The fraud involved Sestante Capital LLC's managing partner Giovanni Pennetta, charged with securities and wire fraud related to fake pre-IPO shares in Anduril Industries, a private defense tech firm valued at $30 billion. The probe focuses on whether Forge Securities brokers complied with Regulation Best Interest, which mandates brokers to act in clients' best interests. The U.S. SEC has emphasized pre-IPO fraud enforcement, uncovering fraudulent schemes totaling over $700 million recently. Investors affected through Forge-linked brokers may seek recovery through Meyer Wilson Werning on a contingency basis.

Latest article

Opendoor Stock Falls 6% as Rising Rate Fears, Weak Housing Data Hit OPEN Shares

Opendoor Stock Falls 6% as Rising Rate Fears, Weak Housing Data Hit OPEN Shares

12 March 2026
Opendoor Technologies shares dropped 6% to $4.94 in late-morning Nasdaq trading Thursday after opening at $5.19. The decline followed weaker U.S. housing starts and a delay in expected Fed rate cuts, with the Nasdaq Composite down 1.38%. Opendoor reported a $1.1 billion net loss for 2025 and ended the year holding 2,867 homes worth $925 million. Peers Zillow and Offerpad also traded lower.
Blue Owl Capital Inc. Stock Price Slides Again as Private-Credit Valuation Fears Deepen

Blue Owl Capital Inc. Stock Price Slides Again as Private-Credit Valuation Fears Deepen

12 March 2026
Blue Owl Capital shares fell about 1% to $8.94 Thursday after Glendon Capital challenged valuations in one of its largest funds, according to Reuters. The drop followed reports of rising investor skepticism across the private-credit sector, with BDCs now trading at an average 78 cents on the dollar. Blue Owl has denied claims of hidden losses. Morgan Stanley, Blackstone, and KKR have also reported increased redemption requests.
Navitas Semiconductor Stock Slides After 25% Surge as AI Data-Center Chip Launch, CFO Hire Stir Volatility

Navitas Semiconductor Stock Slides After 25% Surge as AI Data-Center Chip Launch, CFO Hire Stir Volatility

12 March 2026
Navitas Semiconductor shares fell 7% to $10.06 Thursday morning after a 24.9% surge the previous session, following news of a new AI data-center chip package and the appointment of Tonya Stevens as CFO. Fourth-quarter revenue dropped to $7.3 million from $18 million a year earlier, with a $41.4 million operating loss. The company expects first-quarter sales of $8.0–$8.5 million.
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