Today: 23 April 2026
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ASX:SUN.AX 19 February 2026

Suncorp share price slips as storm-hit earnings hang over the next ASX session

Suncorp share price slips as storm-hit earnings hang over the next ASX session

Suncorp shares closed down 0.2% at A$15.25 after reporting a sharp fall in half-year profit to A$263 million, hit by higher natural hazard costs and lower investment income. The insurer cut its interim dividend to 17 cents from 41 cents and flagged further buybacks. Suncorp handled over 71,000 claims from nine declared events, costing about A$1.3 billion. Cash earnings missed consensus estimates.

Stock Market Today

  • Palantir Stock Falls Amid Broader Market Weakness Despite USDA Deal
    April 23, 2026, 11:51 AM EDT. Shares of Palantir Technologies (NASDAQ:PLTR) dropped 4.53% on Thursday, reversing gains from the previous session. The decline reflects broader market weakness and profit-taking rather than company-specific setbacks. Palantir recently secured a $300 million partnership with the U.S. Department of Agriculture to support the National Farm Security Action Plan. However, technical signals remain cautious, with the stock trading near its 52-week midpoint at $150.20, stuck below key moving averages. Despite this, Palantir has posted a 51.38% one-year gain, suggesting longer-term investor confidence amid short-term volatility.

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GameStop Stock Today: GME Slips as $420 Trade-In Buzz Fades and Valuation Debate Returns

GameStop Stock Today: GME Slips as $420 Trade-In Buzz Fades and Valuation Debate Returns

23 April 2026
GameStop shares fell 1.6% to $25.24 Thursday morning, reversing part of Wednesday’s rally after a limited trade-in promotion ended. The company’s offer gave Pro members up to $420.69 for console trade-ins through April 22, but values returned to normal by Thursday. GameStop reported a 14% drop in fourth-quarter revenue in March and is shifting focus to trading cards and collectibles.
IBM Earnings Beat Isn’t Enough as AI Fears Slam Software Stocks

IBM Earnings Beat Isn’t Enough as AI Fears Slam Software Stocks

23 April 2026
IBM shares dropped 9.5% Thursday despite first-quarter earnings beating estimates, as investors worried AI tools could threaten its software and consulting business. ServiceNow fell 17.5% and the iShares Expanded Tech-Software ETF lost 5.6%. IBM reported $15.9 billion in revenue, up 9%, but growth slowed from the prior quarter and guidance was unchanged.
Lululemon Stock Sinks as Heidi O’Neill CEO Hire From Nike Fails to Calm Investors

Lululemon Stock Sinks as Heidi O’Neill CEO Hire From Nike Fails to Calm Investors

23 April 2026
Lululemon Athletica named former Nike executive Heidi O’Neill as its next CEO, sending shares down about 12% Thursday morning. O’Neill starts Sept. 8 amid a proxy fight and weak U.S. sales; the stock had already dropped 38% in the past year. Fourth-quarter revenue rose 1% to $3.6 billion, with Americas revenue down 4%. Wall Street analysts voiced skepticism over the appointment and company outlook.
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