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.

Oracle Stock Jumps Again After Bloom Energy Deal and AI Push—but Risks Still Linger

Oracle Stock Jumps Again After Bloom Energy Deal and AI Push—but Risks Still Linger

Oracle shares jumped 5.3% to $171.68 Wednesday morning, extending a rally after the company unveiled new AI features and expanded its fuel-cell partnership with Bloom Energy. Oracle agreed to procure up to 2.8 gigawatts of Bloom’s fuel-cell systems for data centers, with 1.2 GW already contracted. The stock had climbed 12.7% Monday and 4.7% Tuesday.
Allbirds Stock Soars as Shoe Brand Bets $50 Million on AI Compute Pivot

Allbirds Stock Soars as Shoe Brand Bets $50 Million on AI Compute Pivot

Allbirds secured up to $50 million in senior secured convertible notes and will pivot to AI compute infrastructure after selling its footwear business to American Exchange Group for $39 million. Shares jumped to $10.10, up $7.61, after the announcement. The company plans to rename itself NewBird AI and use the funds to buy GPUs for a rental business. A May 18 shareholder vote will decide on the asset sale and charter changes.
Broadcom Jumps on Meta AI Chip Deal as Marvell Gets New Bull Call

Broadcom Jumps on Meta AI Chip Deal as Marvell Gets New Bull Call

Broadcom shares rose 3.9% after Meta extended its chip partnership through 2029, with the first rollout phase exceeding 1 gigawatt of compute. Marvell gained 1.5% as Oppenheimer raised its price target to $170, citing strong data-center networking growth. Wall Street opened higher, with the S&P 500 near record levels amid easing inflation signals.
D-Wave Quantum Stock Jumps Again as Nvidia Ising Launch and CEO Pitch Put QBTS Back in Focus

D-Wave Quantum Stock Jumps Again as Nvidia Ising Launch and CEO Pitch Put QBTS Back in Focus

D-Wave Quantum shares rose about 8% in premarket trading Wednesday after a 15.8% jump Tuesday, following Nvidia’s release of open-source quantum AI models. CEO Alan Baratz promoted D-Wave as a commercial quantum player at Washington events, while a new bearish note warned the stock trades ahead of fundamentals. IonQ and Rigetti also surged Tuesday. D-Wave reported 2025 revenue of $24.6 million and recent bookings over $32.8 million.
Intel Corporation Hit by Fresh $3 Billion Patent Threat as Earnings Loom

Intel Corporation Hit by Fresh $3 Billion Patent Threat as Earnings Loom

A U.S. appeals court revived VLSI Technology’s patent case against Intel, overturning a 2024 ruling and sending the dispute back to a jury. Intel shares fell 2.1% to $63.81 but remain up 44% in April. The company faces a $10.32 billion loss in its foundry unit for 2025 and recently completed a $14.2 billion buyout of its Fab 34 stake. Intel reports first-quarter results April 23.
15 April 2026
Uber’s $10 Billion Robotaxi Bet Marks Sharp Shift as Self-Driving Race Heats Up

Uber’s $10 Billion Robotaxi Bet Marks Sharp Shift as Self-Driving Race Heats Up

Uber has committed over $10 billion to robotaxis, with more than $7.5 billion for fleets and $2.5 billion for equity stakes in autonomous driving partners, according to the Financial Times. The company plans to launch robotaxi services in at least 28 cities by 2028 and has signed deals with Baidu, Rivian, and Lucid. Uber did not immediately comment on the reported figures.
American Airlines Brings Electronic Boarding Gates to DFW This Summer in First Big U.S. Hub Rollout

American Airlines Brings Electronic Boarding Gates to DFW This Summer in First Big U.S. Hub Rollout

American Airlines will introduce electronic boarding gates at Dallas Fort Worth International Airport this summer, starting with the new Terminal C pier and expanding to Terminal A later in the year. The system, Dormakaba’s Argus Air XS, will automate boarding pass checks and meter passengers onto aircraft. DFW is American’s largest hub and the first major U.S. airport to deploy the technology at scale. The rollout follows a pilot last November.
Snap Stock Jumps as Outlook Improves and 1,000 Job Cuts Back AI, Specs Push

Snap Stock Jumps as Outlook Improves and 1,000 Job Cuts Back AI, Specs Push

Snap expects $1.529 billion in Q1 revenue and $233 million in adjusted EBITDA, ahead of its May 6 earnings call. The company will cut about 1,000 jobs, or 16% of staff, and close over 300 open roles, aiming to lower annualized costs by $500 million by late 2026. Shares rose 8.74% Tuesday and gained over 5% premarket Wednesday. Snap also signed a multi-year deal with Qualcomm for AR glasses using Snapdragon XR chips.
American Airlines Stock Jumps After United CEO Floats White House Merger Pitch

American Airlines Stock Jumps After United CEO Floats White House Merger Pitch

American Airlines shares rose about 8% Tuesday after Reuters reported United Airlines CEO Scott Kirby discussed a possible merger with American in February during a meeting with President Trump. The combined airline would control about 40% of U.S. domestic flying capacity, raising antitrust concerns. No formal talks have been confirmed. Both airlines declined to comment.
15 April 2026
S&P 500 Nears Record as Iran Talk Hopes Sink Oil, Lift Dow and Nasdaq in Earnings Rush

S&P 500 Nears Record as Iran Talk Hopes Sink Oil, Lift Dow and Nasdaq in Earnings Rush

U.S. stocks surged Tuesday, with the S&P 500 nearing its January record as oil prices fell and hopes rose for renewed U.S.-Iran talks. The Nasdaq gained about 2%, marking its longest winning streak since 2021, while the Dow climbed nearly 318 points. Producer prices rose less than expected in March. BlackRock and Citigroup reported strong quarterly results.
LiveScore Revenue Tops £200 Million, but UK Gambling Tax Shock Threatens Profit Push

LiveScore Revenue Tops £200 Million, but UK Gambling Tax Shock Threatens Profit Push

LiveScore Group’s turnover rose 15.3% to £206.3 million for the year ended March 2025, with operating loss nearly halved to £26.7 million, according to UK filings. The results come days after Britain raised Remote Gaming Duty to 40%, a move expected to add £20–25 million to LiveScore’s UK tax bill. UK revenue climbed 26% to £175.6 million. Virgin Bet launched in South Africa on March 30.
14 April 2026
Nvidia Kills PC Maker Acquisition Rumor, Sending Dell and HP Stocks Back Down

Nvidia Kills PC Maker Acquisition Rumor, Sending Dell and HP Stocks Back Down

Nvidia denied reports it is in talks to acquire any PC maker, calling a media claim “false.” The rumor had sent Dell and HP shares higher Monday before both fell Tuesday, while Nvidia stock rose $7.14 to $196.51. Bloomberg said the original report described talks going back over a year. Nvidia is expanding into CPUs and AI inference, increasing competition with Intel and AMD.
Robinhood Stock Surges After Bernstein’s $130 Call, but Truist Flags Revenue Pressure

Robinhood Stock Surges After Bernstein’s $130 Call, but Truist Flags Revenue Pressure

Robinhood shares rose about 10% Tuesday after Bernstein reaffirmed an Outperform rating and $130 price target, despite Truist cutting its target to $100. The stock traded at $78.75. Bernstein’s revenue and earnings forecasts for 2026 are well above consensus, driven by bullish crypto and prediction market estimates. Robinhood’s event-contract business faces legal uncertainty, with a key court hearing set for April 16.
14 April 2026
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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.

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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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