Today: 24 April 2026
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ADX:ALDAR 22 February 2026 - 7 March 2026

Abu Dhabi Securities Exchange (ADX) loses more than 5% in three-session week after rare halt

Abu Dhabi Securities Exchange (ADX) loses more than 5% in three-session week after rare halt

Abu Dhabi’s main stock index closed Friday down 1.4%, ending the week more than 5% lower after a rare two-day shutdown following missile and drone strikes in the UAE. Heavy selling hit Aldar Properties, Abu Dhabi Commercial Bank, and Emirates Telecommunications Group. The exchange imposed a 5% daily loss limit and urged companies to disclose any material impact. Dubai’s market dropped 3.2% Friday and 9% for the week.

Stock Market Today

  • Intel, AMD, Procter & Gamble Lead Premarket Stock Moves on Strong Earnings
    April 24, 2026, 8:40 AM EDT. Intel shares surged nearly 27% after beating first-quarter earnings estimates, reporting adjusted earnings of 29 cents per share on $13.58 billion revenue, surpassing analysts' expectations of 1 cent on $12.42 billion. Its strong outlook for the second quarter fueled the rally. Procter & Gamble rose over 3% following better-than-expected fiscal third-quarter results, earning $1.59 per share on $21.24 billion revenue versus estimates of $1.56 and $20.5 billion. Advanced Micro Devices jumped nearly 12% after an upgrade from DA Davidson and Intel's strong performance renewed confidence in the AI sector. Other movers included MaxLinear (+38%), SAP (+7%), and Comfort Systems USA (+7%). Conversely, Boyd Gaming (-6%) and Hartford Insurance Group (-5%) lagged after earnings misses. The broad market is reacting sharply to mixed earnings results, highlighting investor focus on tech and consumer sectors ahead of the regular trading session.

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IREN Stock Faces May 7 Test as AI Data Center Pivot, Microsoft Deal and $6 Billion Share-Sale Risk Collide

IREN Stock Faces May 7 Test as AI Data Center Pivot, Microsoft Deal and $6 Billion Share-Sale Risk Collide

24 April 2026
IREN Limited will report fiscal third-quarter results on May 7 after its shares rose 7.5% to $52.02, bucking a broader market decline. The company, once focused on bitcoin mining, now faces scrutiny over its AI data center expansion and large contracts, including a $9.7 billion deal with Microsoft. IREN’s AI Cloud Services revenue more than doubled last quarter but remains far below mining revenue.
Palantir’s $1.1 Billion Test: Swiss Bank Defends Stake as AI Contractor Wins New U.S. Work

Palantir’s $1.1 Billion Test: Swiss Bank Defends Stake as AI Contractor Wins New U.S. Work

24 April 2026
Swiss National Bank Chairman Martin Schlegel defended the bank’s $1.1 billion stake in Palantir after Minneapolis activists urged a sale over the company’s work with U.S. immigration authorities. The SNB held 6.24 million Palantir shares at the end of 2025. Palantir shares fell 7.24% Thursday after a previous gain. Shareholders will vote June 3 on proposals for more human rights oversight.
Skillz Stock’s $420 Million Papaya Verdict Rally Faces a Fast Reality Check

Skillz Stock’s $420 Million Papaya Verdict Rally Faces a Fast Reality Check

24 April 2026
A Manhattan federal jury ordered Papaya Gaming to pay Skillz Inc. $420 million in a false-advertising case, sending Skillz shares up 238% Thursday before falling 25% pre-market Friday. The dispute centered on Papaya’s alleged use of bots in skill-based games. Judge Denise Cote will rule in June on possible disgorgement. Skillz reported a 2025 net loss of $70.4 million on $104.5 million in revenue.
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