Today: 23 April 2026

S&P 500 Hits Record High as Iran Deal Hopes, Bank Earnings Lift Wall Street

S&P 500 Hits Record High as Iran Deal Hopes, Bank Earnings Lift Wall Street

The S&P 500 closed at a record 7,022.95 and the Nasdaq at 24,016.02 on Wednesday, erasing losses from the March selloff tied to the Feb. 28 conflict. Bank of America reported $8.6 billion in first-quarter net income, up 17%, while Morgan Stanley posted record revenue. Talks between Washington and Tehran raised hopes for easing oil supply fears, but Brent crude stayed elevated at $94.93 a barrel.
16 April 2026
Tesla’s U.S. Solar Bet Faces China Export Threat as Energy Arm Becomes More Profitable Than Cars

Tesla’s U.S. Solar Bet Faces China Export Threat as Energy Arm Becomes More Profitable Than Cars

China is considering export restrictions on advanced solar-manufacturing equipment to the U.S., potentially affecting Tesla’s plans for new factories, sources told Reuters. Tesla aims to buy $2.9 billion in solar-panel equipment from China and expand U.S. solar production. China produces over 80% of global solar panel components. No final decision has been made, and consultations remain preliminary.
Hims & Hers Stock Surges as FDA Reopens Peptide Rules, Shifting Focus Beyond GLP-1 Drama

Hims & Hers Stock Surges as FDA Reopens Peptide Rules, Shifting Focus Beyond GLP-1 Drama

Hims & Hers Health shares rose 14% to $24.29 after the FDA said it will review restrictions on several peptides, including BPC-157 and TB-500. The agency set a July advisory meeting and will remove some peptides from its safety-risk list within a week. Hims, which acquired a California peptide facility last year, reported $2.35 billion in 2025 revenue and 2.511 million subscribers.
Microsoft Stock Rebound Gains Steam Ahead of April 29 Earnings as Azure, Copilot Demand Firms Up

Microsoft Stock Rebound Gains Steam Ahead of April 29 Earnings as Azure, Copilot Demand Firms Up

Microsoft shares climbed 4.5% Wednesday after Barron's cited a KeyBanc survey showing rising enterprise demand for Azure and Copilot. Nearly half of surveyed IT executives now use Copilot, and 85% plan to boost Azure spending. Microsoft reports fiscal Q3 results April 29. Azure grew 39% last quarter, with guidance for 37–38% growth this period.
Strategy (MSTR) Buys $1 Billion More Bitcoin as STRC Funding Pushes Holdings Near 800,000 BTC

Strategy (MSTR) Buys $1 Billion More Bitcoin as STRC Funding Pushes Holdings Near 800,000 BTC

Strategy bought 13,927 bitcoin for about $1 billion last week, funding the purchase entirely with sales of its STRC preferred stock, according to an April 13 filing. The company now holds 780,897 BTC, bought at an average $71,902 each. No common stock was sold during the period. STRC volume rose to 15.7 million shares on April 14, trading near $100 ahead of the April 15 dividend record date.
Natural Gas Price Falls, but Europe’s Winter Storage Crunch Keeps Traders on Edge

Natural Gas Price Falls, but Europe’s Winter Storage Crunch Keeps Traders on Edge

European natural gas prices dropped 4.5% Wednesday, with the Dutch TTF contract at 41.4 euros/MWh, after recent highs driven by Gulf supply fears. Brussels warned a prolonged Strait of Hormuz disruption could trigger new spikes. Tanker traffic remains low despite signs of easing tensions with Iran. Italy’s Edison secured seven U.S. LNG cargoes after Qatar canceled shipments, while buyers look to Canada for future supply.
15 April 2026
Mortgage Rates Today: 30-Year Fixed Holds Near One-Month Low, but Spring Buyers Stay on the Sidelines

Mortgage Rates Today: 30-Year Fixed Holds Near One-Month Low, but Spring Buyers Stay on the Sidelines

U.S. 30-year fixed mortgage rates hovered near a four-week low Wednesday, with Mortgage News Daily reporting 6.32%, up 0.01 point. Refinance applications jumped 5.1% last week as rates eased, but purchase applications fell 1%, according to the Mortgage Bankers Association. Builder sentiment dropped to a seven-month low. The 10-year Treasury yield rose to 4.278% amid Middle East tensions.
15 April 2026
Bitcoin Price Today: BTC Holds Near $74,000 After $76,000 Test as ETF Inflows Snap Back

Bitcoin Price Today: BTC Holds Near $74,000 After $76,000 Test as ETF Inflows Snap Back

Bitcoin traded at $74,395 Wednesday afternoon, after briefly topping $76,000 Tuesday. U.S.-listed spot bitcoin ETFs saw $411.4 million in inflows Tuesday, reversing Monday’s $291 million outflow. Goldman Sachs filed for a new bitcoin ETF, and corporate purchases resumed, with Strategy buying nearly $1 billion in bitcoin. The FCA launched a consultation on crypto platform rules as geopolitical tensions continued to influence markets.
Silver Price Today Slips Near $79 as New Deficit Warning Keeps Market Tight (Reuters)

Silver Price Today Slips Near $79 as New Deficit Warning Keeps Market Tight (Reuters)

Spot silver slipped 0.2% to $79.40 per ounce on Wednesday, holding near Tuesday’s close after a sharp rally. The Silver Institute projects a sixth consecutive global deficit in 2026, with stocks drawn down by 762 million ounces since 2021. Lease rates in London have mostly normalized, but analysts warn of ongoing liquidity risks. Gold fell 0.9%, platinum gained 0.8%, and palladium dropped 1.1%.
15 April 2026
Dow Jones Today: Dow Lags as S&P 500 Hits Record High on Iran Talk Hopes, Bank Earnings

Dow Jones Today: Dow Lags as S&P 500 Hits Record High on Iran Talk Hopes, Bank Earnings

The Dow Jones fell 0.4% to 48,346.52 by midday Wednesday, while the S&P 500 hit an intraday record and the Nasdaq gained 1.05%. Bank of America reported $8.6 billion in quarterly profit, beating forecasts, and Morgan Stanley posted record equities trading revenue. Hopes for renewed U.S.-Iran talks and strong bank earnings lifted broader markets despite the Strait of Hormuz remaining closed.
US Stock Market Today: S&P 500 Hits Record as Wall Street Bets Earnings Can Outrun War Shock

US Stock Market Today: S&P 500 Hits Record as Wall Street Bets Earnings Can Outrun War Shock

The S&P 500 hit a new intraday high Wednesday, its first since the U.S.-Iran conflict began, while the Nasdaq rose about 1%. Bank of America and Morgan Stanley advanced after strong earnings. Oil prices remain 40% above late February levels, and U.S. producer prices climbed 4% year-on-year in March, the fastest pace since 2021. The IMF cut its 2026 global growth forecast on Tuesday.
Super Micro Computer Launches Edge AI Servers as SMCI Faces Margin and Compliance Test

Super Micro Computer Launches Edge AI Servers as SMCI Faces Margin and Compliance Test

Super Micro Computer launched compact edge AI systems using AMD EPYC 4005 chips on Monday, targeting retailers, factories, clinics, and branch offices. Shares rose about 1% Wednesday morning. The rollout follows a quarter where revenue more than doubled to $12.68 billion but gross margin dropped to 6.3%. One customer made up 62.6% of net sales in the December quarter.
Oklo Stock Jumps After Board Shake-Up as AI Nuclear Bet Heads Toward July Test

Oklo Stock Jumps After Board Shake-Up as AI Nuclear Bet Heads Toward July Test

Oklo shares rose 11% Wednesday after the company expanded its board to 11 members and made several management changes. The moves come as Oklo pursues major nuclear projects, including a Meta-backed 1.2 GW deal in Ohio and a Department of Energy reactor deadline in Texas. Recent SEC filings showed insider stock sales, some pre-arranged and others for tax withholding. No U.S. advanced reactor developer has begun commercial power production.
IREN Stock Rebounds as Microsoft AI Deal Fuels Bull Calls, but $6 Billion Share Sale Risk Lingers

IREN Stock Rebounds as Microsoft AI Deal Fuels Bull Calls, but $6 Billion Share Sale Risk Lingers

IREN shares traded at $47.43 on Wednesday, valuing the company at $10.7 billion after a rebound from March lows. Quarterly revenue fell to $184.7 million as bitcoin mining dropped, but AI cloud services revenue more than doubled to $17.3 million. IREN secured $3.6 billion in GPU financing for its Microsoft contract and reported $2.8 billion in cash at Jan. 31.
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.
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Stock Market Today

  • Jim Cramer Eyes More Procter & Gamble Shares If Price Dips Below $140
    April 23, 2026, 1:10 PM EDT. On Thursday, Jim Cramer highlighted a market rotation from software to hardware as ServiceNow shares fell 17% post-earnings despite beating forecasts. Chip designer Arm led the hardware rally, surging 6% to record highs, though Cramer expressed concern over its CEO's expanded role at SoftBank. Investor attention turns to Procter & Gamble, which rose over 1% ahead of Friday's earnings. Cramer said he plans to "buy more" shares if the price falls below $140, praising new CEO Shailesh Jejurikar's international expertise. Analysts expect modest earnings per share growth near 1% and organic revenue growth below 2%, with eyes on cost pressures from higher resin prices, a packaging material derived from oil.

Latest article

IREN Stock Jumps as AI Cloud Bet Meets $6 Billion Dilution Test

IREN Stock Jumps as AI Cloud Bet Meets $6 Billion Dilution Test

23 April 2026
IREN shares jumped 7.3% to $51.94 in New York Thursday amid debate over its shift from bitcoin mining to AI cloud services. The company plans to deploy 150,000 Nvidia GPUs by late 2026 and reported $2.8 billion in cash as of January. AI cloud revenue remains small compared to bitcoin mining, with $17.3 million last quarter. IREN can sell up to $6 billion in stock under a new SEC filing.
Hims Adds Lilly’s Zepbound and Foundayo as GLP-1 Price Fight Moves Online

Hims Adds Lilly’s Zepbound and Foundayo as GLP-1 Price Fight Moves Online

23 April 2026
Hims & Hers Health said Thursday its providers can now send prescriptions for Eli Lilly’s Zepbound and Foundayo to LillyDirect, expanding branded obesity drug options on its platform. The move follows a similar deal with Novo Nordisk in March. Hims listed Foundayo from $149 a month and Zepbound from $299. The company previously stopped advertising compounded GLP-1s amid tighter U.S. regulations.
Warren Buffett Successor Greg Abel Tightens Grip on Berkshire Hathaway Portfolio, Pushes New Money Into Japan

Warren Buffett Successor Greg Abel Tightens Grip on Berkshire Hathaway Portfolio, Pushes New Money Into Japan

23 April 2026
Greg Abel now controls about 94% of Berkshire Hathaway’s $300 billion stock portfolio after Todd Combs’ departure, consolidating authority more than Warren Buffett had planned. Abel has kept major U.S. holdings largely intact but increased investments in Japanese firms, including a new $1.8 billion stake in Tokio Marine. Recent portfolio trims, such as Apple and Amazon, reflect Buffett’s last quarter in charge.
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