Today: 30 April 2026

Fletcher Jones is shutting down: What’s next for Australia’s century-old retailer

Fletcher Jones is shutting down: What’s next for Australia’s century-old retailer

Fletcher Jones will close all remaining stores and its online business by the end of January, launching a 30% clearance sale. Owner Matthew Gowty plans to sell the brand after the shutdown. The company, founded in 1924, currently lists three Victorian locations. The move follows Sass & Bide’s announcement to close stores and pause online sales ahead of a relaunch.
17 January 2026
Berkshire Hathaway stock holds steady — what BRK.B investors watch after the long weekend

Berkshire Hathaway stock holds steady — what BRK.B investors watch after the long weekend

Berkshire Hathaway Class B shares closed up 0.1% at $493.29 Friday, as Apple fell 1.1% and American Express rose 2.1%. The market ended the week nearly flat before the Martin Luther King Jr. holiday. Greg Abel took over as Berkshire CEO on Jan. 1, succeeding Warren Buffett. Traders watched for policy risks to card lenders and awaited Berkshire’s next portfolio update.
17 January 2026
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GE Vernova stock jumps 6% on White House push for emergency PJM power auction

GE Vernova stock jumps 6% on White House push for emergency PJM power auction

GE Vernova shares surged 6.1% to $681.55 Friday after U.S. officials urged faster power expansion for data centers, prompting a White House call for PJM Interconnection to hold an emergency auction. Constellation Energy fell 9.8% and Vistra dropped 7.5% on concerns over price caps and new supply. PJM will discuss new power user rules Jan. 22. Markets reopen Tuesday after the holiday.
17 January 2026
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Yes Bank Q3 profit jumps 55% — provisions slide and CEO flags roadmap, succession

Yes Bank Q3 profit jumps 55% — provisions slide and CEO flags roadmap, succession

Yes Bank reported a Q3 FY26 standalone net profit of 951.6 crore rupees, up from 612 crore a year earlier, as provisions fell to 22 crore. Net interest income rose 10.9% to 2,466 crore, while the gross bad-loan ratio narrowed to 1.5%. CEO Prashant Kumar said a strategic roadmap will be unveiled this quarter and succession planning is underway. Loans grew 5.2% year-on-year to 2.57 trillion rupees.
17 January 2026
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Adobe stock price ends week at $296: what ADBE traders watch after the long market break

Adobe stock price ends week at $296: what ADBE traders watch after the long market break

Adobe shares fell 2.6% to $296.12 Friday, marking a sixth straight decline as volume nearly doubled its 50-day average. The stock has dropped about 36% from its 52-week high. Chief Marketing Officer Lara Balazs sold 1,976 shares to cover taxes after restricted stock units vested, according to an SEC filing. U.S. markets will be closed Monday for Martin Luther King Jr. Day.
17 January 2026
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Intuitive Machines stock surges 11% after Morgan Stanley turns upbeat on space — what to watch next week

Intuitive Machines stock surges 11% after Morgan Stanley turns upbeat on space — what to watch next week

Intuitive Machines shares jumped 10.7% Friday to close at $21.58 after news of its $800 million Lanteris acquisition and a bullish Morgan Stanley sector call. Trading volume hit 19.6 million shares. U.S. markets will close Monday for Martin Luther King Jr. Day, with trading set to resume Tuesday. Morgan Stanley also upgraded Rocket Lab and MDA, while downgrading Iridium.
17 January 2026
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ZIM stock slides nearly 6% as freight rates cool and Suez route talk returns

ZIM stock slides nearly 6% as freight rates cool and Suez route talk returns

ZIM Integrated Shipping shares fell 5.9% to $21.36 Friday as container freight rates dropped, with Drewry’s World Container Index down 4% to $2,445 per 40-foot box. Maersk and CMA CGM began shifting services back to the Suez Canal, but Germany’s VDA warned of insurance and safety concerns. ZIM’s board is reviewing takeover bids after rejecting a management offer. U.S. markets close Monday for Martin Luther King Jr. Day.
17 January 2026
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Constellation Energy stock tumbles nearly 10% as PJM power-price curbs enter the frame

Constellation Energy stock tumbles nearly 10% as PJM power-price curbs enter the frame

Constellation Energy shares fell 9.8% to $307.71 Friday after the White House ordered PJM to hold an emergency power auction and cap capacity market prices. PJM detailed new rules for large data centers, including requiring them to provide their own generation or face curtailment. Vistra and NRG Energy also dropped. U.S. markets will be closed Monday for MLK Day.
17 January 2026
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Novo Nordisk stock jumps on Wegovy pill scripts and UK high-dose nod — what to watch next week

Novo Nordisk stock jumps on Wegovy pill scripts and UK high-dose nod — what to watch next week

Novo Nordisk shares surged 6.5% in Copenhagen and 9.1% in New York after early U.S. prescription data showed 3,071 Wegovy pill scripts filled in four days. Britain approved a higher maximum dose of Wegovy for obesity patients. A Texas compounding pharmacy sued Novo and Eli Lilly over alleged market dominance. Novo called the lawsuit “without merit.”
17 January 2026
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Super Micro Computer stock jumps 11% as TSMC’s AI outlook lifts the mood — what SMCI traders watch next

Super Micro Computer stock jumps 11% as TSMC’s AI outlook lifts the mood — what SMCI traders watch next

Super Micro Computer shares surged 11% to $32.64 Friday on heavy volume after TSMC posted a strong profit and raised its 2026 spending forecast. The broader U.S. market ended flat ahead of the holiday weekend. Chip and AI-related stocks rallied, with TSMC projecting 2026 revenue growth near 30%. U.S. markets reopen Tuesday with major earnings reports expected.
17 January 2026
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Stock Market Today

  • Is Progressive (PGR) Stock Undervalued After 24% Drop in One Year?
    April 29, 2026, 11:05 PM EDT. Progressive (ticker: PGR) shares have fallen 24.2% over the last year, sparking debate on valuation. Despite recent declines, the stock retains strong multi-year gains, up 75.6% over three years and 116.2% over five. The insurer faces investor scrutiny on underwriting, pricing, and claims amid the evolving insurance cycle. Simply Wall St's Excess Returns model values Progressive at around $432 per share-53.6% above the current $200 level-suggesting the stock is undervalued based on book value and profitability metrics. The company's return on equity at 25.61% also supports this bullish view. While the market remains cautious, these metrics indicate possible upside for investors willing to look beyond near-term price volatility.

Latest article

Soluna Holdings Stock Jumps After Sazmining Bitcoin Deal, Then SEC Resale Filing Lands

Soluna Holdings Stock Jumps After Sazmining Bitcoin Deal, Then SEC Resale Filing Lands

30 April 2026
Soluna Holdings filed to register the resale of about 2.46 million common shares, with no proceeds going to the company. The move follows Sazmining’s launch of a 3-megawatt Bitcoin mining operation at Soluna’s Project Dorothy 1B in West Texas. Soluna shares last traded at $1.28, up from a $1.08 Nasdaq sale price on April 28. The registered shares include 2.4 million issuable to YA II PN, LTD. via warrant exercise.
Brookfield Renewable Stock Drops 12% Before Q1 Results as BEPC Investors Brace for Friday

Brookfield Renewable Stock Drops 12% Before Q1 Results as BEPC Investors Brace for Friday

30 April 2026
Brookfield Renewable Corp’s NYSE shares fell 12.5% to $35.20 on Wednesday, with volume quadrupling the three-month average ahead of first-quarter results due Friday. The drop came despite a higher quarterly dividend and mixed analyst views. The company operates 47 GW of clean energy assets globally. Analysts expect a first-quarter loss of 33.92 cents per share on $1.62 billion in revenue.
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