Today: 24 April 2026
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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.

Xero share price (ASX:XRO) ends lower as tech rout grinds on; what investors watch next week

Xero share price (ASX:XRO) ends lower as tech rout grinds on; what investors watch next week

Xero closed Friday down 0.4% at A$81.76, near last week’s low, as software stocks slumped. The S&P/ASX 200 Tech Index was set to end the week down about 12%, hitting levels last seen in December 2023. Global tech shares also fell, with nearly $1 trillion in value erased from U.S. software stocks since Jan. 28. Investors await fresh rate and inflation signals next week.
8 February 2026
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Huntington Bank taps ex-BNY risk boss Senthil Kumar as new chief risk officer

Huntington Bank taps ex-BNY risk boss Senthil Kumar as new chief risk officer

Huntington Bank named Senthil Kumar chief risk officer, effective Feb. 16, as it enters a stricter regulatory category after closing its Cadence Bank merger on Feb. 2. Kumar replaces Helga Houston, who becomes senior executive adviser March 1. The merger brings Huntington’s assets to about $279 billion, triggering tougher oversight. No branch closures are planned before a mid-2026 systems conversion.
8 February 2026
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REA Group share price slides after $200m buyback plan — what ASX investors watch next

REA Group share price slides after $200m buyback plan — what ASX investors watch next

REA Group shares fell 7.8% to A$168.10 after its half-year update showed a 6% rise in EBITDA and a 9% gain in core net profit, but a 24% drop in reported net profit. The company flagged softer listing volumes and announced a A$200 million buyback starting Feb. 23. Interim dividend is A$1.24 per share, ex-dividend March 3. Investors cited pressure from weaker listings and rising costs.
8 February 2026
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Stock Market Today

  • Stock Market Recap: Semiconductor ETF SOXX Hits 12th Straight Intraday High
    April 24, 2026, 11:48 AM EDT. The iShares Semiconductor ETF (SOXX) extends momentum with its 12th consecutive intraday high and approaches a 17-day winning streak. In contrast, the Technology Select Sector SPDR ETF (XLK) lags behind peers, potentially ending its 16-day ascent. Key sectors seeing intraday record highs include semiconductors, computer hardware, electrical components, and heavy construction. Notable stocks advancing are Casey's in consumer discretionary, Principal Financial in financials, and Caterpillar along with CSX in industrials. Real estate player Equinix and tech firms like Analog Devices, Cirrus Logic, and Texas Instruments also reached new intraday highs. Market action reveals divergent sector performance amid rising oil prices and falling software stocks.

Latest article

POET Stock Is Flying Again: The Marvell Link, AI Optics Buzz and Tax Fight Behind the Rally

POET Stock Is Flying Again: The Marvell Link, AI Optics Buzz and Tax Fight Behind the Rally

24 April 2026
POET Technologies shares rose 27% to $14.93 in late-morning trading Friday after CFO Thomas Mika said the company received a purchase order linked to Marvell Technology. Marvell has not confirmed the order. POET reported $341,202 in Q4 revenue and a $42.7 million net loss, as it shifts from development to production. The rally follows news of Marvell’s acquisition of Celestial AI and reported Google talks.
Marvell’s New AI Data-Center Deal Puts Optical Chips Back in Focus

Marvell’s New AI Data-Center Deal Puts Optical Chips Back in Focus

24 April 2026
Marvell Technology acquired Swiss firm Polariton Technologies, adding plasmonics-based silicon photonics to its optical-chip lineup. The company’s shares fell 2.1% to $162.01 in early Friday trading. Marvell did not disclose financial terms. The deal comes as AI data centers demand faster, lower-power optical links to move data between servers.
Elong Power Stock Jumps 26% as Heavy Volume Tests Battery Turnaround Story

Elong Power Stock Jumps 26% as Heavy Volume Tests Battery Turnaround Story

24 April 2026
Elong Power Holding shares surged 26% to $3.37 in late-morning Nasdaq trading Friday, with volume topping 58 million shares and no new filings since its April 20 annual report. The company reported 2025 revenue of $2.05 million and a narrowed net loss of $5.57 million, but auditors flagged “material uncertainty” over its ability to continue as a going concern.
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