Today: 12 April 2026
Subscribe

IREN stock slides 17% ahead of earnings as bitcoin flirts with $70,000

IREN stock slides 17% ahead of earnings as bitcoin flirts with $70,000

IREN shares fell 17.4% to $44.94 Wednesday amid a sharp selloff in crypto and AI-linked stocks. Bitcoin touched $70,052 in Asian trading, its lowest since November, as investors braced for potential Fed tightening and ETF outflows. IREN will report quarterly results after Thursday’s close, with a conference call at 5 p.m. ET. Other bitcoin miners also posted steep declines premarket.
5 February 2026
········
Royal Air Philippines liquidation strands travelers as Romania’s Legend Airlines goes dormant

Royal Air Philippines liquidation strands travelers as Romania’s Legend Airlines goes dormant

Royal Air Philippines entered liquidation after halting all flights on Jan. 4, leaving 3,000 to 4,000 passengers stranded and seeking refunds, according to Kursiv and Travelling for Business. The carrier’s website said refunds are being processed but gave no timeline for resuming flights. CEO Eduardo Novillas had warned of weak demand weeks earlier. Legend Airlines, a Romanian operator, also ceased operations after retiring its last aircraft.
5 February 2026
Qualcomm stock price drops 11% premarket after weak forecast flags memory crunch

Qualcomm stock price drops 11% premarket after weak forecast flags memory crunch

Qualcomm shares fell 11.1% to $132.34 in premarket trading after forecasting weaker March-quarter revenue and earnings due to global memory-chip shortages. CEO Cristiano Amon said supply bottlenecks and rising prices are limiting handset production, especially in China. The company projected fiscal Q2 revenue of $10.2–$11.0 billion and non-GAAP EPS of $2.45–$2.65. Investors await the next update on May 6.
5 February 2026
···
Broadcom stock braces for a choppy open after AI selloff, Jefferies sticks to $500 target

Broadcom stock braces for a choppy open after AI selloff, Jefferies sticks to $500 target

Broadcom shares fell 3.9% to $308.05 Wednesday, hitting an intraday low of $295.30, as chip stocks sold off and the Nasdaq dropped 1.5%. Jefferies reiterated its Buy rating, citing Google’s higher capital spending plans and strong demand for Broadcom’s AI chips and networking gear. Broadcom launched an enterprise Wi‑Fi 8 platform this week targeting “AI-ready” networks. Earnings are due March 4.
5 February 2026
·
BAE Systems share price slides as buyback update lands and investors eye Feb 18 results

BAE Systems share price slides as buyback update lands and investors eye Feb 18 results

BAE Systems shares fell about 1.5% in early London trading Thursday, extending a two-day slide and closing near 1,847 pence. The company disclosed the purchase of 110,861 shares for cancellation as part of its buyback. Investors are watching a $195 million U.S. Marine Corps vehicle order and ongoing UK strike action ahead of full-year results due February 18.
5 February 2026
···
BP share price slips as oil drops 2% and buyback scrutiny grows before earnings

BP share price slips as oil drops 2% and buyback scrutiny grows before earnings

BP shares fell 0.6% to 474.90 pence in early London trading Thursday, retreating from a one-year high as oil prices dropped and investors awaited earnings. Brent crude slipped 2% to $68.02 a barrel after news of U.S.–Iran talks. BP repurchased 2.7 million shares on Feb. 4 under its ongoing buyback plan. Investors are watching for signals on buybacks and spending when BP reports results Feb. 10.
5 February 2026
···
NatWest share price slips as BoE rate call, Evelyn Partners bid talk crowd the tape

NatWest share price slips as BoE rate call, Evelyn Partners bid talk crowd the tape

NatWest shares fell 0.2% to 690.4 pence in early London trading, after touching 676.4 pence. Investors are watching for the Bank of England’s rate decision at midday and reports that NatWest and Barclays will bid over £2 billion for Evelyn Partners. NatWest announced a £10 billion social housing funding package and confirmed it met a previous lending target early. Annual results are due Feb. 13.
5 February 2026
··
Shell share price slips after profit miss, despite $3.5bn buyback and dividend rise

Shell share price slips after profit miss, despite $3.5bn buyback and dividend rise

Shell shares fell 1.6% after reporting fourth-quarter adjusted earnings of $3.3 billion, missing analyst estimates and marking the weakest result since early 2021. The company raised its dividend by 4% and announced a $3.5 billion buyback program. Net debt stood at $45.7 billion with gearing at 20.7%. Operating cash flow reached $9.44 billion, above forecasts but below last year’s level.
5 February 2026
···
Bank of England rate decision: Traders brace for a 3.75% hold as UK inflation stays above target

Bank of England rate decision: Traders brace for a 3.75% hold as UK inflation stays above target

The Bank of England is expected to keep its Bank Rate at 3.75% on Thursday, with inflation still at 3.4% and signs of stronger demand emerging. Sterling hit a five-month high against the euro, while the FTSE 100 reached a record 10,402.34 points. January’s UK services PMI rose to 54.0, but hiring fell as firms faced higher payroll costs. Markets now expect about 35 basis points of BoE rate cuts by year-end.
5 February 2026
····
1 … 255 256 257 258 259 … 1,848

Stock Market Today

  • Sandisk Stock Forecast for 2026 Post Nasdaq-100 Inclusion
    April 11, 2026, 11:43 PM EDT. Sandisk (NASDAQ: SNDK) has surged over 250% in 2026 following its 2025 spin-off from Western Digital, driven by strong demand for NAND flash chips in AI data centers. Trading near $851, the stock reflects a 2,500% gain over the past year amid a NAND supply shortfall and a booming AI infrastructure market. Inclusion in the Nasdaq-100 Index on April 20, 2026, is expected to boost demand via index-tracking funds. AI-based forecasts from OpenAI's ChatGPT project a 5%-40% upside by year-end 2026 in a base case, with potential highs between $1,400-$1,800 if market conditions remain tight. Bear-case scenarios estimate a drop to $500-$700, factoring tech rotation risks. Nasdaq-100 addition typically triggers early price shifts and subsequent volatility, underscoring the mixed outlook for Sandisk's stock.

Latest article

India F-35 Deal Hits Pause: Lockheed Martin Says No Direct Talks, U.S. Door Still Open

India F-35 Deal Hits Pause: Lockheed Martin Says No Direct Talks, U.S. Door Still Open

11 April 2026
Lockheed Martin said it is not in direct talks with India over the F-35, clarifying that any approach must go through official U.S. and Indian channels under the Foreign Military Sales process. Indian officials confirmed no formal discussions on acquiring the F-35 have begun. India recently approved a $40 billion military upgrade, including other fighter jets, while Lockheed’s F-21 remains in a separate competition.
Why SNOW Stock Is Falling Again: Snowflake Nears 52-Week Low as AI Worries Hit Software

Why SNOW Stock Is Falling Again: Snowflake Nears 52-Week Low as AI Worries Hit Software

11 April 2026
Snowflake shares fell 8.4% to $121.11 on Friday after an 11.7% drop Thursday, as investors sold off software stocks amid concerns over new AI tools from Anthropic and OpenAI. The stock now trades just above its 52-week low. The S&P 500 Software and Services Index is down 25.5% for the year. Snowflake reported fourth-quarter product revenue of $1.23 billion, up 30% from a year earlier.
Wall Street Feels the Heat (and Thrill): Fed Cuts, Tariffs & Mega-Mergers Set NYSE Buzz

US Stock Market Today: Live Updates 11.04.2026

11 April 2026
LIVEMarkets rolling coverageStarted: April 11, 2026, 12:00 AM EDTUpdated: April 11, 2026, 11:48 PM EDT Sandisk Stock Forecast for 2026 Post Nasdaq-100 Inclusion April 11, 2026, 11:43 PM EDT. Sandisk (NASDAQ: SNDK) has surged over 250% in 2026 following its 2025 spin-off from Western Digital, driven by strong demand for NAND flash chips in AI data centers. Trading near $851, the stock reflects a 2,500% gain over the past year amid a NAND supply shortfall and a booming AI infrastructure market. Inclusion in the Nasdaq-100 Index on April 20, 2026, is expected to boost demand via index-tracking funds. AI-based forecasts
Go toTop