Today: 23 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.

China’s 55% beef tariff hits Australia as China caps imports for 2026

China’s 55% beef tariff hits Australia as China caps imports for 2026

China imposed a 55% tariff on beef imports exceeding new quotas from Jan. 1, 2026, affecting Australia, Brazil, and the U.S. Australia’s beef exports to China could drop by a third, costing the sector about $1 billion, according to industry groups. The three-year safeguard system sets a 2026 quota of 205,000 metric tons for Australia. Beijing said the move aims to protect its domestic industry.
2 January 2026
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Boeing’s $2.04 billion B-52 engine upgrade contract puts Port San Antonio in the spotlight

Boeing’s $2.04 billion B-52 engine upgrade contract puts Port San Antonio in the spotlight

Boeing secured a $2.04 billion U.S. Air Force contract to integrate and test new engines on two B-52 bombers, with work at Port San Antonio and three other sites. The project, part of the B-52 Commercial Engine Replacement Program, is scheduled to finish by May 31, 2033. Initial funding of $35.8 million will support research and testing in fiscal 2026.
2 January 2026
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Chili’s jabs at McDonald’s ‘value meals’ with $10.99 deal as diners watch prices

Chili’s jabs at McDonald’s ‘value meals’ with $10.99 deal as diners watch prices

Chili’s Grill & Bar promoted a $10.99 burger meal on X this week, criticizing fast-food value bundles as lacking real value. The campaign comes as restaurant brands compete for price-sensitive diners. Chili’s parent Brinker International has gained ground with lower-income customers, according to Reuters. Separately, Chili’s closed its Orlando airport location after 22 years, airport officials said.
2 January 2026
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Pentagon awards Lockheed $328.5 million Taiwan contract for IR sensor pods as China drills escalate

Pentagon awards Lockheed $328.5 million Taiwan contract for IR sensor pods as China drills escalate

The Pentagon awarded Lockheed Martin a contract worth up to $328.5 million to supply Taiwan with 55 Legion Enhanced Infrared Search and Track sensor pods and related equipment. The deal comes as Taiwan remains on alert following large-scale Chinese military drills near the island. Work will be performed in Orlando, Florida, and is expected to finish by June 2031. $157.3 million was obligated at the time of award.
2 January 2026
Intel stock price today: INTC slips into New Year holiday as Nvidia stake, earnings loom

Intel stock price today: INTC slips into New Year holiday as Nvidia stake, earnings loom

Intel shares closed down 1.1% at $36.90 as U.S. markets ended 2025 lower in thin holiday trading. The stock gained about 84% for the year, among the S&P 500’s top performers. Nvidia disclosed a $5 billion purchase of Intel shares in late December, buying 214.7 million shares at $23.28 each. U.S. markets reopen Friday after the New Year’s holiday.
2 January 2026
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Nvidia stock today: China H200 surge drives TSMC talks as CES and earnings loom

Nvidia stock today: China H200 surge drives TSMC talks as CES and earnings loom

Nvidia closed down 0.55% at $186.50 on Dec. 31 as Reuters reported the company asked TSMC to expand H200 AI chip production after Chinese firms ordered over 2 million units for 2026. Beijing has not yet approved H200 shipments. Nvidia priced the chips at about $27,000 each for China. ByteDance may spend up to $14.3 billion on Nvidia chips if sales are allowed, according to the South China Morning Post.
2 January 2026
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Vertiv stock ends 2025 down 1.5% as markets shut for New Year’s — what to watch next

Vertiv stock ends 2025 down 1.5% as markets shut for New Year’s — what to watch next

Vertiv Holdings closed 2025 down 1.5% at $162.01, trading between $161.52 and $165.69 on volume of 2.6 million shares. The S&P 500 and Nasdaq each slipped over 0.7% in thin holiday trading. Vertiv’s October guidance projected 2025 net sales of up to $10.24 billion and adjusted EPS as high as $4.13. Investors await early-January data and Vertiv’s performance against its raised outlook.
2 January 2026
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Pan American Silver stock slips into 2026 as bullion cools; Galleon financing in focus

Pan American Silver stock slips into 2026 as bullion cools; Galleon financing in focus

Pan American Silver shares closed down 1.7% at $51.81 on Dec. 31, as bullion prices eased from record highs. Galleon Gold announced a $46 million credit facility from Pan American, with an initial $11 million draw to buy back a royalty at its West Cache project. Investors are watching silver prices, U.S. economic data, and Pan American’s Feb. 18 results. U.S. markets were closed Thursday for New Year’s Day.
2 January 2026
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CRISPR Therapeutics stock (CRSP) slips into 2026 as New Year’s Day shuts Wall Street — what investors watch next

CRISPR Therapeutics stock (CRSP) slips into 2026 as New Year’s Day shuts Wall Street — what investors watch next

CRISPR Therapeutics shares closed down 1.4% at $52.44 on Dec. 31, the final trading day of 2025. U.S. markets were shut Jan. 1 for New Year’s. Investors are watching for early-2026 updates on Casgevy’s rollout and the next earnings schedule as trading resumes Jan. 2. Biotech ETFs were little changed in light year-end trading.
2 January 2026
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Stock Market Today

  • Desjardins Cuts Metro (TSE:MRU) Price Target Amid Mixed Analyst Views
    April 23, 2026, 3:10 PM EDT. Desjardins lowered its price target for Metro (TSE:MRU) from C$99.00 to C$97.00, maintaining a "hold" rating with an estimated upside of 7.77%. Other brokers showed sentiment shifts: TD Securities dropped its target to C$113.00 but kept a "buy" rating; Royal Bank of Canada and National Bank Financial assigned "sector perform" ratings with targets near C$105-C$113. The stock traded down 0.34 to C$90.01, below its 50-day and 200-day averages. Metro reported Q1 earnings of C$1.11 per share with a 4.44% net margin. Analysts forecast 4.82 EPS for the year. Insider sales also occurred, with Dan Gabbard reducing holdings by 19%, signaling caution. The consensus remains "hold" with a target around C$103.63 amid mixed signals on growth and valuation for the C$19.19 billion market cap grocer.

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Salesforce Stock News: Choreo and Sumitomo Mitsui Cuts Resurface, but the Filings Are Months Old

Salesforce Expands Google Cloud AI Partnership as CRM Stock Slides in Software Selloff

23 April 2026
Salesforce and Google Cloud expanded their AI partnership, adding integrations across Slack, Google Workspace, and Gemini Enterprise, with some features rolling out into late 2026. Salesforce shares fell about 9% Thursday amid renewed investor concerns over AI’s impact on software firms. Agentforce Sales entered open beta in Gemini Enterprise, while Gemini Enterprise in Slack remains in private preview. Over 1,400 customers are already using Gemini inside Agentforce.
ServiceNow stock tumbles despite Q1 beat and higher 2026 outlook

ServiceNow stock tumbles despite Q1 beat and higher 2026 outlook

23 April 2026
ServiceNow shares dropped 18.7% to $83.77 after reporting first-quarter results that beat estimates and raising its 2026 subscription revenue forecast. Investors focused on delayed Middle East government deals, which cut subscription growth by 0.75 percentage point, and concerns over AI’s impact on software demand.
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