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ADX:E 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.
7 March 2026
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Stock Market Today

  • BP Expands in Namibia with New Offshore Licenses, Eyes Strong 2026 Trading Results
    April 16, 2026, 6:36 PM EDT. BP has secured a controlling stake and operatorship in three offshore exploration licenses in Namibia's Walvis Basin, marking its first operated presence in the country. Shares trade at £5.84, near the £5.88 analyst target price, but are reportedly trading 49.4% below estimated fair value. CEO Meg O'Neill anticipates an exceptional oil trading result in Q1 2026 amid Middle East market volatility. Investors are watching how BP balances exploration risks with trading performance and capital allocation, including dividend strategies. Recent 5.8% monthly share gains reflect positive momentum as operational expansions and trading outlooks dominate investor focus. BP's current negligible profit margin and earnings quality issues highlight risks amid growth opportunities. Monitoring of Q1 2026 results and exploration progress will be key for assessing BP's valuation dynamics going forward.

Latest article

Hims & Hers Health Stock Jumps as FDA Reconsiders Peptide Restrictions

Hims & Hers Health Stock Jumps as FDA Reconsiders Peptide Restrictions

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Hims & Hers Health shares rose to $26.65 Thursday after the FDA said it would reconsider restrictions on several peptides, removing 12 from a high-risk list and scheduling a July review of seven more. The move follows Hims’ March decision to stop advertising compounded GLP-1 drugs and expand branded offerings through Novo Nordisk. The company acquired a California peptide facility last year to bolster supply.
NuScale Power Stock Whipsaws After U.S. Opens Door to Nuclear Loans, Space Reactor Push

NuScale Power Stock Whipsaws After U.S. Opens Door to Nuclear Loans, Space Reactor Push

16 April 2026
NuScale Power shares jumped to $13.23 before falling back to $11.52 Thursday after the White House ordered NASA to start a space-reactor program and Energy Secretary Chris Wright said initial U.S. reactors would likely get federal loans. NuScale remains the only U.S. firm with an approved small modular reactor design but has yet to secure firm orders or financing.
SoFi Technologies Stock Rises as FedNow Instant Transfers Set Up April 29 Earnings Test

SoFi Technologies Stock Rises as FedNow Instant Transfers Set Up April 29 Earnings Test

16 April 2026
SoFi Technologies shares rose 1.5% Thursday after launching instant bank transfers via its Galileo platform, allowing money to move between SoFi and outside banks in seconds. The stock traded near $19.08 in New York. Investors await first-quarter results April 29, with SoFi guiding to $1.04 billion in adjusted net revenue and 12 cents per share in adjusted earnings.
D-Wave Quantum Stock Jumps Again as Nvidia’s Ising Launch Reignites Quantum Rally

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16 April 2026
D-Wave Quantum shares climbed about 5% Thursday, extending a 22.6% surge after Nvidia launched Ising, a new AI model family for quantum computing. D-Wave traded at $21.81, up from last year’s lows, and reported 2025 revenue of $24.6 million with first-quarter 2026 bookings topping $32.8 million. The company completed its $250 million Quantum Circuits acquisition in January. Market cap stood near $8.4 billion.
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