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.

Oil Prices Plunge, Dow Jones Jumps After Iran Reopens Strait of Hormuz (Reuters)

Oil Prices Plunge, Dow Jones Jumps After Iran Reopens Strait of Hormuz (Reuters)

Oil prices dropped and U.S. stocks hit new records Friday after Iran reopened the Strait of Hormuz to commercial shipping during a 10-day ceasefire. Brent crude fell to $88.90 a barrel, while the S&P 500 and Nasdaq set highs. Iran said passage is open but with restrictions, and the U.S. Navy warned of lingering mine threats. Major shipping lines remained cautious about resuming transit.
17 April 2026
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Intel Stock Hits Highest Since 2000 as Turnaround Rally Faces Earnings Test

Intel Stock Hits Highest Since 2000 as Turnaround Rally Faces Earnings Test

Intel shares hit $70.32 intraday Friday, their highest since 2000, before trading near $68.75 as investors bet on an AI-driven turnaround. The stock surge follows new deals with Google and Tesla, and a $14.2 billion buyback of its Ireland plant stake. First-quarter results are due April 23. Analysts warn of weak PC demand and a $10.32 billion foundry loss in 2025.
17 April 2026
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Figma Stock Slides as Anthropic’s Claude Design Deepens Valuation Debate, Adobe Faces AI Scrutiny

Figma Stock Slides as Anthropic’s Claude Design Deepens Valuation Debate, Adobe Faces AI Scrutiny

Janet Yellen accused Donald Trump of undermining Federal Reserve independence, warning of unprecedented threats as Kevin Warsh heads into a contentious Senate confirmation. Trump vowed to fire Jerome Powell if he remains after his term ends May 15. Warsh’s nomination faces opposition from both parties, including ethics concerns over his financial disclosures. Bitcoin rose 4.5% to $77,447 amid broader market relief after Iran signaled the Strait of Hormuz would stay open.
17 April 2026
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US Stock Market Today: S&P 500, Nasdaq Hit Records as Oil Slides on Hormuz Reopening

US Stock Market Today: S&P 500, Nasdaq Hit Records as Oil Slides on Hormuz Reopening

The S&P 500 and Nasdaq hit new intraday records Friday after Iran said the Strait of Hormuz would stay open during a 10-day truce, sending oil below $90 a barrel. The Dow reached a two-month high, while Exxon and Chevron fell about 5% as crude dropped. American Airlines rose 8%. Shipping firms warned risks remain in the strait, with U.S. Navy citing unclear mine threats.
17 April 2026
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Oklo Stock Surges as White House Space Nuclear Plan and Board Overhaul Lift Reactor Shares

Oklo Stock Surges as White House Space Nuclear Plan and Board Overhaul Lift Reactor Shares

Oklo shares climbed 8.5% to $69.69 by midday Friday after the company overhauled its board and the White House called for faster space-reactor development. The board expanded to 11, adding Mark Peters and David Christian. NuScale Power and BWX Technologies also rose. Oklo’s market value hit $16.5 billion, despite no 2025 revenue and a $105.7 million net loss.
17 April 2026
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AMC Stock Jumps Nearly 20% on Super Mario Box Office Boost, but Debt Still Looms

AMC Stock Jumps Nearly 20% on Super Mario Box Office Boost, but Debt Still Looms

AMC Entertainment shares surged nearly 20% Friday after the chain reported record Easter weekend revenue, with more than 6 million visitors and strong results from “The Super Mario Galaxy Movie.” By midday, AMC traded at $1.93, up $0.32. Cinemark and Marcus also posted their best-ever Easter five-day box office. Despite the rally, AMC stock remains far below its 52-week high of $4.08.
17 April 2026
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Chevron Stock Falls Despite Supreme Court Win as Oil Prices Tumble on Hormuz Reopening

Chevron Stock Falls Despite Supreme Court Win as Oil Prices Tumble on Hormuz Reopening

Chevron shares fell 3.8% to $180.99 by midday Friday after Iran said the Strait of Hormuz remained open, pushing oil prices lower. The drop followed Chevron’s warning last week of a potential $2.7 billion to $3.7 billion first-quarter earnings hit from temporary accounting effects. A Supreme Court win in Louisiana litigation failed to offset the selloff. Exxon and ConocoPhillips also declined.
17 April 2026
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Alphabet Stock Gets Fresh ‘Undervalued’ Calls Ahead of Google’s High-Stakes Earnings

Alphabet Stock Gets Fresh ‘Undervalued’ Calls Ahead of Google’s High-Stakes Earnings

Alphabet shares traded near $337 Friday ahead of its April 29 earnings report, rising 0.4% in late-morning New York trading. The company may boost 2026 capital spending to as much as $185 billion, with Google Cloud revenue up 48% last quarter. Broadcom recently signed a deal to supply Google’s custom AI chips through 2031. The European Commission proposed new rules requiring Google to share search data with rivals.
17 April 2026
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Broadcom stock rises as Goldman keeps $480 target after Meta AI chip deal

Broadcom stock rises as Goldman keeps $480 target after Meta AI chip deal

Broadcom shares rose 1.2% to $403.18 Friday after Goldman Sachs reiterated a buy rating and $480 price target, citing Meta’s expanded AI chip partnership. Meta extended its Broadcom deal through 2029, with an initial compute commitment over 1 gigawatt. The agreement follows recent custom chip wins with Google and Anthropic. Analysts flagged risk from Broadcom’s growing reliance on a few large customers.
17 April 2026
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Hims & Hers Health Stock Jumps as FDA Reconsiders Peptide Restrictions

Hims & Hers Health Stock Jumps as FDA Reconsiders Peptide Restrictions

Hims & Hers Health shares rose to $26.65 Thursday after the FDA said it would reconsider restrictions on several peptides, removing 12 from a high-risk list and scheduling a July review of seven more. The move follows Hims’ March decision to stop advertising compounded GLP-1 drugs and expand branded offerings through Novo Nordisk. The company acquired a California peptide facility last year to bolster supply.
16 April 2026
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SoFi Technologies Stock Rises as FedNow Instant Transfers Set Up April 29 Earnings Test

SoFi Technologies Stock Rises as FedNow Instant Transfers Set Up April 29 Earnings Test

SoFi Technologies shares rose 1.5% Thursday after launching instant bank transfers via its Galileo platform, allowing money to move between SoFi and outside banks in seconds. The stock traded near $19.08 in New York. Investors await first-quarter results April 29, with SoFi guiding to $1.04 billion in adjusted net revenue and 12 cents per share in adjusted earnings.
16 April 2026
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D-Wave Quantum Stock Jumps Again as Nvidia’s Ising Launch Reignites Quantum Rally

D-Wave Quantum Stock Jumps Again as Nvidia’s Ising Launch Reignites Quantum Rally

D-Wave Quantum shares climbed about 5% Thursday, extending a 22.6% surge after Nvidia launched Ising, a new AI model family for quantum computing. D-Wave traded at $21.81, up from last year’s lows, and reported 2025 revenue of $24.6 million with first-quarter 2026 bookings topping $32.8 million. The company completed its $250 million Quantum Circuits acquisition in January. Market cap stood near $8.4 billion.
16 April 2026
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US Stock Market Today: S&P 500, Nasdaq Hit Record Highs as Wall Street Bets on Ceasefire, Earnings

US Stock Market Today: S&P 500, Nasdaq Hit Record Highs as Wall Street Bets on Ceasefire, Earnings

The S&P 500 and Nasdaq hit new intraday highs Thursday, with the S&P 500 up 0.27% and the Nasdaq rising 0.38% by late morning. Strong earnings from major banks and tech optimism fueled gains, while oil prices climbed as traders doubted progress in Middle East talks. Jobless claims fell to 207,000, but U.S. manufacturing output slipped 0.1% in March.
16 April 2026
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Intel Launches Lower-Cost 18A PC Chips as Analysts Lift Targets Ahead of Earnings

Intel Launches Lower-Cost 18A PC Chips as Analysts Lift Targets Ahead of Earnings

Intel launched its Core Series 3 mobile processors Thursday, bringing its 18A chipmaking process to mainstream laptops and edge systems. Shares rose 4.2% to $67.69 after the announcement. More than 70 device designs from partners including Acer, HP, and Samsung are expected in coming months. Wall Street raised price targets but some analysts cautioned about ongoing challenges and competition from AMD and TSMC.
16 April 2026
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IonQ Stock Extends Rally After DARPA Win and Quantum Networking Breakthrough

IonQ Stock Extends Rally After DARPA Win and Quantum Networking Breakthrough

IonQ shares climbed 2.8% to $44.46 by midday Thursday after announcing a DARPA contract under the new HARQ program and linking two commercial quantum systems with photons. The company reported 2025 revenue of $130 million and projected up to $245 million for 2026. Peers Rigetti and D-Wave Quantum also gained after Nvidia launched new AI models for quantum calibration and error correction.
16 April 2026
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NVIDIA Corporation Deepens Robotics Push With Cadence as AI Chip Demand Holds Up

NVIDIA Corporation Deepens Robotics Push With Cadence as AI Chip Demand Holds Up

Nvidia and Cadence Design Systems announced a partnership Wednesday to combine Cadence's physics engines with Nvidia AI models for training robots in virtual environments. Nvidia shares traded at $198.95 Thursday, holding a $4.53 trillion market value, while Cadence gained 1.1%. The collaboration was unveiled at a Cadence event in Santa Clara.
16 April 2026
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Boeing Targets 26 Satellite Deliveries in 2026 With New Resolute Platform

Boeing Targets 26 Satellite Deliveries in 2026 With New Resolute Platform

Boeing and Millennium Space Systems unveiled the Resolute mid-class satellite platform and announced plans to deliver 26 satellites in 2026. The move follows pressure from military buyers to accelerate production and comes as Amazon agreed to buy Globalstar for $11.57 billion to compete with SpaceX’s Starlink. Boeing shares fell about 2.5% in midday New York trading.
16 April 2026
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AMD Stock, Intel Stock Jump as Bernstein Raises Price Targets on AI Server Demand, Meta Deal

AMD Stock, Intel Stock Jump as Bernstein Raises Price Targets on AI Server Demand, Meta Deal

Bernstein raised price targets for AMD and Intel on Thursday, citing stronger demand for server chips in AI data centers. AMD shares rose 5.8% to $273.19 and Intel gained 4.1% to $67.57, both above the new targets. Bernstein now expects AMD’s EPYC server-chip sales to grow 50% in 2026, and Intel’s Xeon sales to rise 36%. Meta’s $60 billion deal with AMD and extended chip supply agreements are driving demand.
16 April 2026
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Stock Market Today

  • Soybeans Slip Amid Rain Forecast and Export Sales Expectations
    April 23, 2026, 4:42 AM EDT. Soybeans traded 4 to 5 cents lower in front months on Wednesday, with the national average cash price down 4.25 cents to $11.06 1/2. Soymeal futures dropped $1 to $2, while Soy Oil futures fell 42 to 55 points. Despite no major planting delays, 1 to 3 inches of rain expected from the Central Plains to the East Coast may limit planting activity in the next week. USDA's weekly Export Sales report, due Thursday, expects 200,000 to 600,000 metric tons (MT) of old crop beans sold and 150,000 to 500,000 MT of meal sales. Brazil's April soybean exports are estimated at 16.4 million MT, slightly down week-over-week. Prices across contract months remain 4 1/2 to 4 3/4 cents lower amid these market pressures.

Latest article

Sensex, Nifty Fall Again Today as Oil Holds Above $100 and HSBC Cuts India to Underweight

Sensex, Nifty Fall Again Today as Oil Holds Above $100 and HSBC Cuts India to Underweight

23 April 2026
Indian stocks fell Thursday, with the Nifty 50 at 24,207.25 and Sensex at 77,799.23 by early afternoon, as Brent crude stayed above $100 and HSBC downgraded Indian equities to “underweight.” The rupee dropped to a three-week low past 94 per dollar. Foreign investors have pulled $4.3 billion from Indian shares in April. Pharma shares rose, but financials and automakers led declines.
UK Stock Market Today: FTSE 100 Slides as Oil Tops $103, Sainsbury and WH Smith Warn on Profits

UK Stock Market Today: FTSE 100 Slides as Oil Tops $103, Sainsbury and WH Smith Warn on Profits

23 April 2026
London’s FTSE 100 fell 0.59% to 10,414.79 by 08:38 BST as Brent crude climbed above $103 and Sainsbury and WH Smith issued fresh profit warnings. March UK inflation accelerated to 3.3%, and consumer optimism hit a record low. Sainsbury flagged Iran war risks to its 2026/27 profit, while WH Smith cut its outlook and suspended its dividend. Britain’s budget deficit narrowed, but March borrowing exceeded forecasts.
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