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.

Nifty tops 26,300 as India bank stocks hit record; Coal India jumps, ITC slides on excise hike

Nifty tops 26,300 as India bank stocks hit record; Coal India jumps, ITC slides on excise hike

India’s Sensex rose 0.6% to 85,676.59 in noon trade Friday, with the Nifty 50 above 26,300. Nifty Bank reached a record 60,118. Coal India hit a 52-week high after opening e-auctions to neighboring countries. ITC dropped over 5% after higher cigarette excise duties were announced.
Cipher Mining (CIFR) stock edges up in premarket as bitcoin climbs near $89,000

Cipher Mining (CIFR) stock edges up in premarket as bitcoin climbs near $89,000

Cipher Mining shares rose 1.1% to $14.76 in pre-market trading Friday as bitcoin climbed 1.5% to $89,038. The company recently signed a $5.5 billion, 15-year lease with Amazon Web Services for AI data center capacity, with 300 MW planned for 2026. Shares of other U.S.-listed miners were mixed before the bell. Cipher also amended a Texas lease with Fluidstack and Google for up to 207 MW of server power.
Datavault AI stock jumps premarket as DVLT traders focus on Jan. 7 warrant dividend clock

Datavault AI stock jumps premarket as DVLT traders focus on Jan. 7 warrant dividend clock

Datavault AI Inc shares jumped 22.7% to $0.80 in premarket trading Friday ahead of a Jan. 7 record date for proposed warrant and token dividends. Top holder Scilex reported it still owns 42.6% after selling 20.7 million shares last week. About 274,000 shares traded premarket. Warrants will require holders to also own a Dream Bowl Meme Coin II token in a Datavault wallet.
2 January 2026
Bitmine stock slips in premarket as crypto-linked shares ease into 2026

Bitmine stock slips in premarket as crypto-linked shares ease into 2026

Bitmine Immersion Technologies shares fell about 2% to $27.15 in early premarket trading Friday, even as bitcoin and ether rose. Investors are watching Bitmine’s January 15 annual meeting in Las Vegas, where shareholders will vote on board seats and key proposals. The company reported holding over 4.1 million ether, 192 bitcoin, and $1 billion in cash as of December 28. Several other crypto-linked stocks also traded lower premarket.
UK energy bills forecast to drop £138 in April 2026 after levy shake-up

UK energy bills forecast to drop £138 in April 2026 after levy shake-up

Cornwall Insight forecasts the UK energy price cap will drop 8% in April, lowering a typical annual dual-fuel bill to about £1,620. Ofgem’s cap for Jan.–Mar. rose 0.2% to £1,758, driven by higher policy and supplier costs. The April cut is linked to budget changes moving some levies to general taxation. Wholesale prices have eased, but some network charges are still set to rise.
2 January 2026
IREN stock rises in premarket as bitcoin rebounds — what traders are watching

IREN stock rises in premarket as bitcoin rebounds — what traders are watching

IREN Limited shares rose 3.1% to $38.95 in premarket trading Friday, tracking bitcoin’s 1.6% climb to $89,034. The stock, valued at $10.9 billion, traded between $37.20 and $39.03 in the previous session. Other U.S.-listed miners were mixed. Traders are watching bitcoin’s $90,000 level and IREN’s next earnings report on Feb. 11.
Baidu stock in focus as Kunlunxin Hong Kong listing plan lands — and Jefferies lifts target

Baidu stock in focus as Kunlunxin Hong Kong listing plan lands — and Jefferies lifts target

Baidu filed a confidential application to list its AI chip unit Kunlunxin in Hong Kong as part of a planned spin-off. Baidu’s Hong Kong shares rose 7.5% to HK$141.30, while its U.S.-listed shares last closed at $130.66, down 1.3%. The company said the deal is not finalized and would require regulatory approvals. Investors await details on deal structure and potential impact on U.S. trading.
Pitney Bowes NT 43 drops 3% today as Treasury yields rise — what’s next for PBI.PRB

Pitney Bowes NT 43 (PBI-PB) slides 6% into year-end — what investors are watching next

Pitney Bowes Inc. NT 43 notes fell 5.99% to $20.39 in the final 2025 session, trading 583,343 shares between $21.99 and $20.28. The exchange-traded debt, with a 6.70% coupon and 2043 maturity, saw heavy volume ahead of the New Year’s Day market closure. Investors are watching rates and funding conditions as trading resumes Jan. 2. Pitney Bowes’ common stock slipped 0.75% to $10.57.
1 January 2026
Corcept Therapeutics (CORT) stock sinks after FDA rebuff; relacorilant outlook resets

Corcept Therapeutics (CORT) stock sinks after FDA rebuff; relacorilant outlook resets

Corcept shares closed down 50.4% at $34.80 after the FDA declined to approve relacorilant for Cushing’s-related hypertension, citing insufficient evidence. Truist cut its price target to $50 and Wolfe downgraded the stock to Underperform with a $30 target. The FDA set a July 11, 2026 decision date for relacorilant in ovarian cancer. U.S. markets are closed Thursday for New Year’s Day.
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Stock Market Today

  • Nintendo Shares Jump 18% as Surprise Hit 'Pokémon Pokopia' Boosts Switch 2 Sales Hopes
    March 12, 2026, 9:42 AM EDT. Nintendo's shares surged 18% this week following the unexpected success of "Pokémon Pokopia," which sold 2.2 million units in its first four days. The game, exclusive to the Switch 2 console launched last year, ranks as the fourth-best-selling title on the system. Investors are optimistic that this hit could accelerate Switch 2 sales, aligning with Nintendo's fiscal year sales forecast of 19 million units. Despite the rally, Nintendo's stock remains down about 28% over six months amid concerns over rising memory costs affecting margins. Analysts noted "Pokémon Pokopia" combines deep gameplay and multiplayer features, adding notable momentum to Nintendo's gaming lineup.

Latest article

Oracle Stock Price Jumps After AI Cloud Forecast Eases Debt Fears

Oracle Stock Price Jumps After AI Cloud Forecast Eases Debt Fears

12 March 2026
Oracle shares jumped 9.18% to $163.12 after the company raised its fiscal 2027 revenue target to $90 billion and reported a 325% surge in remaining performance obligations to $553 billion. Quarterly cloud revenue rose 44% to $8.9 billion. Oracle said many new AI contracts are backed by customer prepayments or client-supplied GPUs. Financing concerns remain despite $30 billion already raised toward a $50 billion target.
Why American Airlines Group Inc. Stock Is Stuck Near $11 as Oil Tops $100

Why American Airlines Group Inc. Stock Is Stuck Near $11 as Oil Tops $100

12 March 2026
American Airlines shares fell 0.6% to $11.04 Thursday as oil briefly topped $100 a barrel after new Gulf shipping attacks. Jet fuel prices have doubled since the Iran conflict began, squeezing airline margins. American is more exposed than rivals due to a lack of fuel hedging. The carrier will present at J.P. Morgan’s Industrials Conference on March 17.
Hims & Hers Health Stock Price Jumps Again as Novo Nordisk Truce Sparks Wall Street Upgrades

Hims & Hers Health Stock Price Jumps Again as Novo Nordisk Truce Sparks Wall Street Upgrades

12 March 2026
Hims & Hers Health shares climbed 5.1% to $27.19 in premarket trading Thursday, after closing up 10.3% Wednesday. The rally follows a deal with Novo Nordisk that ends a patent dispute and will return FDA-approved Wegovy and Ozempic to Hims’ platform later this month. Analysts raised targets but warned branded drugs may bring lower margins. Hims also disclosed an SEC probe and a Justice Department referral.
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