Today: 5 April 2026

Target’s $2 billion turnaround bet: new CEO flags a path back to growth

Target’s $2 billion turnaround bet: new CEO flags a path back to growth

Target will invest an additional $2 billion in 2026, raising total capital spending to about $5 billion and planning over 30 new stores and 130 remodels. Fourth-quarter net sales fell 1.5% to $30.45 billion, with comparable sales down 2.5%. Shares jumped nearly 7% after the outlook, reaching a one-year high. Target forecasts 2026 earnings of $7.50–$8.50 per share on about 2% net sales growth.
4 March 2026
Atlassian rolls out new Government Cloud migration tools as an on‑prem deadline looms

Atlassian rolls out new Government Cloud migration tools as an on‑prem deadline looms

Atlassian launched a guided migration tool for moving Jira and Confluence data from its commercial cloud to Government Cloud and added new admin controls for session timeouts. The update comes before a March 30, 2026 cutoff for new Data Center subscriptions. Atlassian shares closed at $78.38, up 6%. The company recently raised its fiscal 2026 revenue growth forecast to 22% after posting $1.59 billion in quarterly revenue.
4 March 2026
Wix earnings jolt WIX stock: $250m Durable deal, buyback fast-track and 2026 outlook

Wix earnings jolt WIX stock: $250m Durable deal, buyback fast-track and 2026 outlook

Wix will raise up to $250 million in a private placement led by Durable Capital Partners, closing March 5. Fourth-quarter revenue rose 14% to $524.3 million, missing analyst estimates, while adjusted earnings beat forecasts. Shares gained 6% in extended trading. Wix expects mid-teens percentage growth in bookings and revenue for 2026, with a lower free cash flow margin due to increased investment.
Adidas stock drops 7% on softer 2026 profit outlook as CEO Gulden gets 2030 extension

Adidas stock drops 7% on softer 2026 profit outlook as CEO Gulden gets 2030 extension

Adidas shares dropped up to 7% after the company forecast 2026 operating profit of about 2.3 billion euros, missing analyst estimates. The company cited U.S. import tariffs and a weaker dollar as key headwinds. CEO Bjorn Gulden’s contract was extended through 2030, and Nassef Sawiris will be nominated as chairman in May, replacing Thomas Rabe. Adidas reported record 2025 revenue of 24.8 billion euros.
4 March 2026
Delixy Holdings (DLXY) stock jumps 158% after hours as Hormuz disruption rattles oil trade

Delixy Holdings (DLXY) stock jumps 158% after hours as Hormuz disruption rattles oil trade

Delixy Holdings shares soared 158% in after-hours Nasdaq trading Tuesday, rebounding from a 17% drop during the day as crude prices spiked on Middle East supply disruptions. Oil rose after fighting near Iran closed the Strait of Hormuz, halting tanker traffic and pushing up shipping and insurance costs. Delixy, a Singapore-based oil trader, ended the day with a market value of $13.4 million.
Imperial Brands share price rises on fresh buyback disclosure as investors eye next dividend

Imperial Brands share price rises on fresh buyback disclosure as investors eye next dividend

Imperial Brands (IMB.L) rose 1.7% to 3,251 pence in early London trading after disclosing it bought back 641,958 shares for cancellation on March 3. The company has 787,738,081 shares in issue after the latest repurchase. A smaller buyback of 17,066 shares was also reported for March 2. Investors await a March 31 dividend payment and an April 14 trading update.
Oil prices spike past $84 as Iran war shuts Hormuz, rattles global stocks

Oil prices spike past $84 as Iran war shuts Hormuz, rattles global stocks

Oil prices jumped over 3% Wednesday as the U.S.-Israeli war on Iran shut the Strait of Hormuz, halting tanker traffic and stranding about 200 vessels. European gas prices soared more than 50% Monday, prompting an emergency EU meeting, while South Korea’s KOSPI index plunged 12.06%, its steepest drop ever. Global stocks fell sharply as investors sought safe havens. Shipping costs and war-risk premiums surged in the Gulf region.
IAG share price today: British Airways owner slips as Middle East flight disruption drags airlines

IAG share price today: British Airways owner slips as Middle East flight disruption drags airlines

IAG shares fell about 1.8% to 372p in early London trading after senior executives at Iberia and Vueling sold company stock. British Airways said it remains unable to fly from several Middle East cities, but a Muscat–London flight is scheduled for March 5. Airline stocks continue to react to oil price spikes and travel disruptions linked to the U.S.-Israeli conflict with Iran.
4 March 2026
LSEG stock dips in London after buyback update — what investors watch next

LSEG stock dips in London after buyback update — what investors watch next

London Stock Exchange Group shares fell 1.9% to 8,390 pence by 0901 GMT after the company bought back 607,615 shares for about £52 million on March 3 and said it will cancel them. The move will reduce total voting rights to 504.7 million. The buyback is part of a £750 million programme running until May 29. Traders are watching for the FTSE UK index quarterly review results due after the close.
Tesco share price jumps as UK grocery inflation ticks up; TSCO eyes April results

Tesco share price jumps as UK grocery inflation ticks up; TSCO eyes April results

Tesco shares rose 2% to 481.5 pence in early London trading Wednesday, outperforming a flat FTSE 100. New Worldpanel data showed UK grocery inflation ticked up to 4.3% as Tesco extended its market share to 28.7%. About 1.1 million Tesco shares changed hands by 0852 GMT. Investors are watching the Bank of England’s March 19 rate decision and Tesco’s April 16 results.
Glencore share price today: GLEN steadies as Jefferies backs miners amid Iran war jitters

Glencore share price today: GLEN steadies as Jefferies backs miners amid Iran war jitters

Glencore shares rose 0.1% to 527.0 pence in early London trading Wednesday after a sharp market pullback. Analysts cited the Iran conflict and surging energy prices as drivers for commodity stocks, with Jefferies noting potential supply risks for metals. The FTSE 100 fell 2.8% Tuesday as traders trimmed bets on a Bank of England rate cut. Investors remain focused on energy prices and UK monetary policy signals.
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Stock Market Today

  • Ocugen (OCGN) Shows Strong Momentum Amid Gene Therapy Pipeline Developments
    April 5, 2026, 1:25 AM EDT. Ocugen's (OCGN) stock displayed notable volatility recently with a 30-day return of 11.18% and a 1-year gain of 170.39%, signaling growing momentum. Trading at $1.79, its share price remains well below analysts' average target of $11.57, reflecting optimism about its late-stage gene therapy candidates like OCU400 and OCU410. These therapies target large, unmet medical needs and could drive substantial future revenue. However, reliance on unapproved treatments and ongoing cash burn presents risks, with trial setbacks or funding shortfalls potentially impacting valuations. Investors are encouraged to consider both growth potential and key warning signs before positioning in OCGN shares.
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