Today: 24 April 2026

Sungrow shares jump as China export rebate shake-up nears — what to watch before Shenzhen reopens

Sungrow shares jump as China export rebate shake-up nears — what to watch before Shenzhen reopens

Sungrow Power Supply Class A shares closed up 3.2% at 151 yuan Friday after the company said China’s new export tax rebate cuts will not affect its PV inverters, and storage cost impact is “controllable.” Beijing will scrap VAT export rebates for photovoltaic products from April 1. Investors await more policy details and Sungrow’s earnings report.
Arm stock slips after Friday chip selloff; CEO share-sale notice puts earnings in focus

Arm stock slips after Friday chip selloff; CEO share-sale notice puts earnings in focus

Arm’s U.S.-listed ADRs fell 2.8% to $105.36 at Friday’s close amid a broad chip stock selloff. CEO Rene Haas filed to sell 6,152 shares valued at about $654,000. The drop comes ahead of Arm’s fiscal third-quarter results due Feb. 4. Investors cited uncertainty over monetary policy after Donald Trump named Kevin Warsh as his pick for Federal Reserve chair.
Cambricon Technologies stock price in focus after 2025 profit forecast, “U” tag in play

Cambricon Technologies stock price in focus after 2025 profit forecast, “U” tag in play

Cambricon Technologies expects its first annual profit since listing, forecasting 2025 net income of 1.85–2.15 billion yuan on revenue of 6–7 billion yuan, citing AI computing demand. Shares closed up 0.6% Friday in Shanghai. The company’s “U” suffix may be dropped if audited results in March confirm the turnaround. Cambricon posted a 2024 net loss of 452 million yuan on 1.17 billion yuan revenue.
1 February 2026
Advanced Micro Devices stock slips on MI450 delay chatter — what investors watch before earnings

Advanced Micro Devices stock slips on MI450 delay chatter — what investors watch before earnings

AMD shares fell 6.13% to $236.73 Friday after SemiAnalysis warned of possible MI450 AI chip delays, though Wells Fargo’s Aaron Rakers disputed the claim and kept a $345 price target. The Nasdaq Composite dropped 0.94% as investors reacted to Kevin Warsh’s nomination for Fed chair. AMD reports earnings Feb. 3, with options pricing signaling an 8.9% implied move for Feb. 6 expiries.
SK hynix stock pops above 900,000 won — what could drive the next move

SK hynix stock pops above 900,000 won — what could drive the next move

SK hynix shares jumped 5.57% to 909,000 won Friday, capping a 19% weekly gain as AI-driven memory shortages pushed chip prices higher. The KOSPI closed up 0.06%. Apple and Samsung flagged rising memory costs and tight supply, with SK hynix holding a 61% HBM market share last year. The company is weighing a U.S. AI investment arm and saw its bond rating upgraded to AA+ this week.
KLA stock tumbles on cautious outlook: what to watch before Monday’s open

KLA stock tumbles on cautious outlook: what to watch before Monday’s open

KLA shares fell 15.2% to $1,427.94 Friday after the chip-tool maker’s quarterly outlook flagged cautious 2026 spending. The company posted $3.30 billion in revenue and $8.85 adjusted EPS, topping estimates, but traders focused on softer guidance. Jefferies raised its price target but noted KLA’s 2026 forecast lags Lam Research. Investors await Applied Materials’ results next week for further sector signals.
1 February 2026
Broadcom stock price in focus: Wolfe upgrade leans on Google TPU growth as AVGO heads into Monday

Broadcom stock price in focus: Wolfe upgrade leans on Google TPU growth as AVGO heads into Monday

Broadcom shares rose 0.17% to $331.30 Friday after Wolfe Research upgraded the stock to Outperform with a $400 target. The upgrade cited Broadcom’s gains in Google’s tensor processing units and stronger AI custom-chip sales. Broadcom’s VMware partner strategy is under scrutiny in Europe. Chip and AI infrastructure stocks broadly fell, but Broadcom closed higher.
ASML stock ends week higher on Barclays upgrade as investors weigh rich valuation and looming dividend

ASML stock ends week higher on Barclays upgrade as investors weigh rich valuation and looming dividend

ASML shares closed up 1.98% at 1,215.60 euros in Amsterdam on Friday, capping a 3% weekly gain. Barclays and Berenberg raised price targets to 1,500 euros after record orders and AI demand, while ASML announced 1,700 job cuts. The stock has surged 34% in January and now trades at 42 times 2026 earnings estimates. ASML’s annual report is due February 25, with its interim dividend going ex-dividend February 9.
1 February 2026
Intuitive Surgical stock (ISRG) ends week lower as insider trades surface; what to watch next

Intuitive Surgical stock (ISRG) ends week lower as insider trades surface; what to watch next

Intuitive Surgical shares fell 0.66% to $504.22 Friday, extending a two-day slide after a 2.78% drop Thursday. EVP Myriam Curet sold 126 shares at $520.02 each under a preset plan, while CEO David Rosa received performance stock units set to vest in 2026 and 2027. The company forecasts 2026 procedure growth of 13%-15% and a 67%-68% non-GAAP gross margin, factoring in a 1.2% tariff hit. Markets reopen Monday.
1 February 2026

Stock Market Today

  • United Rentals Shares Surpass Average Analyst 12-Month Target Price
    April 24, 2026, 7:13 AM EDT. United Rentals Inc (URI) stock recently traded above the average analyst 12-month target price of $420.67, reaching $423.27 per share. This crossing prompts analysts to reconsider their valuations, either raising target prices or issuing downgrades based on new business fundamentals. The average target price is drawn from 12 analyst estimates, ranging from $269 to $498, with a standard deviation of $61.68, reflecting diverse opinions. Current analyst ratings show six strong buys and five holds, with an average rating of 2.38 on a scale where 1 is Strong Buy and 5 is Strong Sell. Investors are advised to reassess URI's valuation amid its recent price rise to determine if further upside is possible or if profit-taking is warranted.

Latest article

Silver Price Slide Deepens: Why Traders Are Watching Oil, CME Margins and the $75 Line

Silver Price Slide Deepens: Why Traders Are Watching Oil, CME Margins and the $75 Line

24 April 2026
Silver fell 0.7% to $74.88 an ounce in London on Friday as a stronger dollar, rising Treasury yields, and higher oil prices pressured metals. CME Group cut initial margin requirements for COMEX 5000 Silver futures to 11% from 14%. Brent crude climbed to $107 a barrel as the Strait of Hormuz remained blocked. India’s May silver futures dropped about 1% to 239,200 rupees per kg in early trade.
XRP’s ETF Streak Hits A Fresh Test As $1.43 Price Holds

XRP’s ETF Streak Hits A Fresh Test As $1.43 Price Holds

24 April 2026
XRP traded at $1.43 Friday after GraniteShares postponed its 3x leveraged XRP ETF launch to May 7. U.S. spot XRP ETFs saw $3.89 million in inflows on April 23, all from Franklin Templeton’s XRPZ fund, with cumulative net inflows at $1.28 billion. XRP remains fourth among cryptocurrencies by market value, holding near the mid-$1.40s despite steady ETF demand.
Bitcoin Price Nears $80,000 Again as ETF Cash Returns — What Could Stop the Rally

Bitcoin Price Nears $80,000 Again as ETF Cash Returns — What Could Stop the Rally

24 April 2026
Bitcoin traded near $77,500 in London on Friday, supported by $223.3 million in inflows to U.S.-listed spot Bitcoin ETFs on April 23. The token hit an intraday high of $78,600. Spot Ethereum ETFs saw $75.9 million in outflows, while Ether fell 1.8% to around $2,317. Brent crude rose to $106.60 a barrel amid Middle East tensions.
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