Today: 12 March 2026

Shan Ahmed Khan

As a journalist focused on finance and the stock market, he delivers fast, reliable, and easy-to-understand coverage of market news.

Gold price rally lifts GLD stock in premarket as Fed cut bets grow, Venezuela in focus

Gold price rally lifts GLD stock in premarket as Fed cut bets grow, Venezuela in focus

SPDR Gold Shares (GLD) jumped $10.41, or 2.6%, to $408.76 in U.S. premarket trading Tuesday as spot gold hovered near highs after the U.S. captured Venezuelan President Nicolas Maduro. Traders cited safe-haven demand and rising bets on Federal Reserve rate cuts. The ISM manufacturing PMI fell to 47.9 in December, its lowest since October 2024. Other gold funds and miners also advanced before the bell.
India stock market today: Nifty slips again as Reliance tumbles; CPI, TCS earnings in focus

India stock market today: Nifty slips again as Reliance tumbles; CPI, TCS earnings in focus

Nifty 50 closed down 0.27% at 26,178.70 and Sensex lost 0.44% to 85,063.34, pressured by declines in Reliance Industries and HDFC Bank. Reliance slid 4.5% after warning of halted Russian crude deliveries amid U.S. tariff threats. Pharma and IT stocks outperformed. Traders are watching U.S. tariff developments, January 12 inflation data, and the start of Q3 earnings next week.
US stock market: Vistra stock pops in premarket on $4.7B Cogentrix deal amid AI power-demand boom

US stock market: Vistra stock pops in premarket on $4.7B Cogentrix deal amid AI power-demand boom

Vistra shares rose 4.4% to $170.17 premarket Tuesday after agreeing to buy Cogentrix Energy from Quantum Capital Group in a deal valued at $4.7 billion. The acquisition adds 5.5 gigawatts of natural gas generation across key U.S. markets and is expected to close in mid-to-late 2026. Vistra said the deal should boost per-share cash flow starting in 2027.
Tesco shares rise on Christmas grocery data as Jan 8 trading update looms

Tesco shares rise on Christmas grocery data as Jan 8 trading update looms

Tesco shares rose 1.7% in early London trading after industry data showed its UK market share hit 28.7%, the highest since March 2015. Grocery inflation eased to 4.3%, while UK grocery sales climbed 3.8% to £13.8 billion in December. Tesco bought 454,043 shares on Jan. 5 under its £1.45 billion buyback program. Investors await Tesco’s Q3 and Christmas update on Jan. 8.
6 January 2026
SSE shares edge up in London after SSEN flags January flexibility auction

SSE shares edge up in London after SSEN flags January flexibility auction

SSE Plc shares rose 0.7% to 2,271 pence in London by 1007 GMT, following news that its SSEN Distribution unit will launch a long-term flexibility auction on Jan. 12, seeking 46 megawatts. The stock traded between 2,249 and 2,277 pence. Investors are watching grid upgrades and regulatory developments as Britain’s electricity networks expand. SSE’s interim dividend is due Jan. 30.
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Stock Market Today

  • SoFi Projects Strong Margin Expansion and Growth in 2026 Outlook
    March 12, 2026, 3:47 PM EDT. SoFi Technologies forecasts approximately 30% revenue growth in 2026, driven by lending, financial services, and an expanding platform ecosystem. The fintech firm anticipates significant margin improvements, with EBITDA margins nearing mid-30% and net income margins approaching high teens, reflecting better cost control and a mature revenue mix. Member growth remains robust, signaling sustained customer engagement. SoFi's stock outperformed peers with a 63% gain over the past year, trading at a forward price-to-earnings ratio of 28.83 versus the industry average of 9.85. Compared with competitors like Upstart and LendingClub, SoFi's diversified model and stronger balance sheet provide stability and efficiency. The forecast positions SoFi to shift from a high-growth challenger to a profit-focused financial platform in 2026.

Latest article

Bitmine Stock Price Falls After BMNR’s $75 Million Eightco Move

Bitmine Stock Price Falls After BMNR’s $75 Million Eightco Move

12 March 2026
NEW YORK, March 12, 2026, 3:14 PM EDT Bitmine Immersion Technologies shares fell about 3% on Thursday after Eightco Holdings said Bitmine had committed $75 million to lead a $125 million funding round, even as Eightco stock jumped about 22%. BMNR last traded at $20.39 and ORBS at $0.99 in afternoon U.S. trading. (PR Newswire) The move matters because Bitmine has recast itself from a mining-and-hosting operator into a company built around holding ether on its balance sheet. Reuters company data says its business is now anchored in an ETH treasury, so cash deployment is part of the investment case,
Micron stock price slips as AI-memory trade faces test ahead of earnings

Micron stock price slips as AI-memory trade faces test ahead of earnings

12 March 2026
Micron Technology shares dropped $11.69 to $407 Thursday, after touching $418.50. Applied Materials announced a partnership with Micron and SK Hynix to develop next-generation memory chips for AI. TrendForce now expects DRAM prices to rise up to 95% in Q1, citing strong AI and data-center demand. Micron will report fiscal Q2 results on March 18.
Carnival stock price drops more than 6% as oil tops $100, dragging CCL and CUK lower

Carnival stock price drops more than 6% as oil tops $100, dragging CCL and CUK lower

12 March 2026
Carnival Corp’s U.S.-listed shares dropped over 6% to $24.32 by 2:22 p.m. EDT Thursday, mirroring a sector-wide selloff as Brent crude surged 8% to $99.38 after attacks on tankers and tensions near the Strait of Hormuz. Royal Caribbean shares fell more than 6%, Norwegian Cruise Line nearly 3%. Rising fuel costs and uncertainty over 2026 expenses weighed on cruise stocks.
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