Today: 23 April 2026
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ASX:A2M 16 February 2026

ASX 200 ekes out a gain as tech snaps back; miners slide on iron ore

ASX 200 ekes out a gain as tech snaps back; miners slide on iron ore

The S&P/ASX 200 closed up 0.22% at 8,937.1, lifted by a tech rebound as WiseTech surged 12.8% and Xero rose 7.5%. Rio Tinto dropped 4.1% and Fortescue fell 4.7% as iron ore prices stayed below $100 a tonne. Investors await the Reserve Bank of Australia’s February meeting minutes and key labour data later this week.

Stock Market Today

  • CenterPoint Energy Q1 Earnings and Revenues Fall Short of Estimates
    April 23, 2026, 9:15 AM EDT. CenterPoint Energy (CNP) reported first-quarter earnings of $0.56 per share, missing the Zacks Consensus Estimate of $0.58, marking a 3.78% negative earnings surprise. Revenue came in at $2.98 billion, slightly below expectations by 1.44%, rising marginally from $2.92 billion a year ago. Despite underperformance against estimates, CenterPoint shares have gained nearly 10% since the year's start, outperforming the S&P 500's 4.3% rise. The company's earnings outlook for the next quarter stands at $0.39 per share on $2.14 billion in revenues, with a full-year EPS forecast of $1.91 on $9.89 billion revenue. Industry trends remain a crucial factor for stock performance, with the Utility - Electric Power sector ranked in the top 40% by Zacks Industry Rank. The stock holds a Zacks Rank #3 (Hold), suggesting in-line market performance in the near term.

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Nvidia Stock Today: NVDA Rises as Google Unveils New AI Chips, Still Backs Vera Rubin

Nvidia Stock Today: NVDA Rises as Google Unveils New AI Chips, Still Backs Vera Rubin

23 April 2026
Nvidia shares rose 1.3% to $202.50 premarket after Google launched new TPU 8 AI chips and announced it will offer Nvidia’s Vera Rubin NVL72 server platform. Alphabet kept its 2026 spending plan at $175 billion to $185 billion. SK Hynix reported AI memory demand outstripping supply. Broadcom signed a deal to supply Google’s custom AI chips through 2031.
Microsoft Stock Falls Ahead of Earnings as $18 Billion Australia AI Bet Runs Into Fresh Wall Street Doubts

Microsoft Stock Falls Ahead of Earnings as $18 Billion Australia AI Bet Runs Into Fresh Wall Street Doubts

23 April 2026
Microsoft shares fell about 2% in premarket trading Thursday after announcing a A$25 billion ($17.9 billion) AI investment in Australia, its largest ever in the country. The drop followed sector-wide declines sparked by IBM and ServiceNow growth concerns. Microsoft’s plan includes Azure AI infrastructure, cybersecurity, and training three million Australians by 2028. Investors await April 29 earnings for signs AI spending is boosting cloud growth.
Mortgage Rates Fall Again, Homebuyers Return — but Bay Area Prices Stay Above $2 Million

Mortgage Rates Fall Again, Homebuyers Return — but Bay Area Prices Stay Above $2 Million

23 April 2026
U.S. mortgage rates fell again this week, with the average 30-year fixed rate dropping to 6.30%, according to Freddie Mac. Mortgage applications rose 7.9% for the week ending April 17, and purchase applications jumped 10%. Pending home sales increased 1.5% in March. Median home prices in San Francisco, San Mateo, and Santa Clara counties stayed above $2 million despite the rate drop.
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