Today: 3 April 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.

Praxis Precision Medicines stock jumps after FDA Breakthrough Therapy tag for tremor drug, BTIG lifts target

Praxis Precision Medicines stock jumps after FDA Breakthrough Therapy tag for tremor drug, BTIG lifts target

Praxis Precision Medicines shares jumped 13.25% to $304.58 Monday after the FDA granted Breakthrough Therapy Designation to ulixacaltamide for essential tremor. The company plans to file a New Drug Application in early 2026. BTIG raised its price target on PRAX to $843 from $507. The stock slipped about 1% in after-hours trading.
Samsung and SK Hynix get U.S. 2026 license to ship chipmaking tools to China as key waiver expires

Samsung and SK Hynix get U.S. 2026 license to ship chipmaking tools to China as key waiver expires

The U.S. has granted Samsung Electronics and SK Hynix annual licences to import chipmaking equipment into their China plants for 2026, sources said. The approvals come just before “validated end user” exemptions expire on Dec. 31, averting immediate disruption to memory chip production. Samsung and SK Hynix declined to comment. The U.S. Commerce Department was not immediately available for comment.
Micron stock today: MU jumps in premarket as memory-supply headlines keep traders on edge

Micron stock today: MU jumps in premarket as memory-supply headlines keep traders on edge

Micron shares rose 3.4% in premarket trading Tuesday to near $294 after a filing showed the CFO moved 35,000 shares into an estate-planning trust, not a sale. The move follows news that the U.S. granted Samsung and SK Hynix annual licenses to bring chipmaking equipment into China, potentially affecting Micron’s rivals. Investors are watching Fed minutes and year-end data for signals on rates and chip demand into 2026.
30 December 2025
Comcast stock ticks lower in premarket as Versant spinoff nears — what to watch next

Comcast stock ticks lower in premarket as Versant spinoff nears — what to watch next

Comcast shares slipped 0.03% to $29.86 in premarket trading Tuesday as investors prepared for the Versant Media Group spin-off, set for distribution after the Jan. 2 close. Options markets showed increased implied volatility, signaling traders are hedging ahead of the split. President Michael Cavanagh will become co-CEO Jan. 2 under a new agreement with a $2.75 million salary and $35 million stock award.
30 December 2025
Lululemon founder Chip Wilson launches proxy fight to reshape board amid CEO transition

Lululemon founder Chip Wilson launches proxy fight to reshape board amid CEO transition

Lululemon founder Chip Wilson has nominated three independent directors for election to the board, launching a proxy fight ahead of the 2026 annual meeting. The move follows the announced January exit of CEO Calvin McDonald and a 45% drop in Lululemon shares this year. The board is searching for a permanent CEO, with two executives named as interim co-CEOs. Lululemon said it will review Wilson’s nominees.
30 December 2025
Bitcoin price today slides toward $87K as ETF outflows weigh; Strategy, Coinbase stocks in focus

Bitcoin price today slides toward $87K as ETF outflows weigh; Strategy, Coinbase stocks in focus

Bitcoin dropped 1.9% to $87,748 in early trade Tuesday, while U.S. spot bitcoin ETFs saw $19.3 million in net outflows on Dec. 29, according to Farside. Strategy Inc. disclosed buying 1,229 bitcoins for $108.8 million, funded by share sales. Crypto-linked stocks fell, with Strategy down 2.2% and Coinbase off 1.3%. Ether slipped 1.2% to $2,973.
XRP price today: Ripple token slides below $2 as Fed minutes loom, ETF inflows hold up

XRP price today: Ripple token slides below $2 as Fed minutes loom, ETF inflows hold up

XRP fell 2.1% to $1.86 in early New York trading Tuesday, slipping below $2 as cryptocurrencies weakened into year-end. CoinShares reported $70.2 million in inflows to XRP-linked funds last week, despite $446 million in total crypto outflows. Traders are watching Fed minutes due later Tuesday and key levels near $2. Bitcoin traded around $87,600, ether near $2,970.
Dow Jones today: Dow drops 249 points as tech slides; Fed minutes next on deck

Dow Jones today: Dow drops 249 points as tech slides; Fed minutes next on deck

The Dow Jones fell 249.04 points, or 0.51%, to 48,461.93 on Monday, retreating from last week’s record high. Tech shares led declines, with Tesla down 3.3% and Nvidia off 1.2%, while energy stocks rose as oil prices climbed. Trading volumes remained thin ahead of year-end, with investors awaiting Fed minutes and jobless claims.
Stock market today: S&P 500 futures flat as Fed minutes loom; Meta-Manus AI deal in focus

Stock market today: S&P 500 futures flat as Fed minutes loom; Meta-Manus AI deal in focus

S&P 500 futures dipped 0.02% and Nasdaq 100 futures slipped 0.03% in early premarket trading Tuesday as investors awaited Federal Reserve meeting minutes for rate cut signals. The Dow, S&P 500, and Nasdaq all fell in Monday’s session, led by declines in Nvidia, Palantir, and Tesla. DigitalBridge surged 9.6% after SoftBank agreed to buy it for $4 billion. Meta announced a deal to acquire AI startup Manus.
Barrick Gold stock rises premarket as gold price steadies after sharp selloff

Barrick Gold stock rises premarket as gold price steadies after sharp selloff

Barrick Mining shares rose 1.1% in premarket trading Tuesday after a 4.7% drop the previous session. Spot gold gained 0.7% to $4,361.71 an ounce, rebounding from Monday’s 4.5% slide. Traders cited thin year-end liquidity and awaited the Federal Reserve’s December meeting minutes due later in the day. Barrick last closed at $44.02 and now trades under the NYSE ticker “B.”
30 December 2025
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Stock Market Today

  • Stock Market Faces Extended 'Trump Slump' Amid Iran Conflict and High Valuations
    April 3, 2026, 4:25 AM EDT. The U.S. stock market, despite strong gains during Donald Trump's first term, has entered a turbulent phase in his second term, dubbed the 'Trump slump.' Since late February, major indexes like the Dow and Nasdaq have fallen into correction territory. Contributing factors include historically high valuations, reflected by the S&P 500's Shiller Price-to-Earnings Ratio at its second-highest level ever, and concerns over a potential artificial intelligence (AI) bubble burst. Critically, Trump's directive initiating U.S. and Israeli military action against Iran has led to the closure of the strategic Strait of Hormuz, through which about 20% of the world's oil passes. This supply shock has sent crude oil prices soaring, further pressuring markets and possibly forcing the Federal Reserve to react, extending the current equity downturn.
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