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BSE:IEX 20 January 2026

IEX share price slides as India holds firm on market coupling ahead of APTEL hearing

IEX share price slides as India holds firm on market coupling ahead of APTEL hearing

IEX shares fell 1.47% to 137.1 rupees Monday after the power minister said there was no change in market coupling policy. The Electricity Appellate Tribunal is set to review IEX’s challenge to a July 2025 order mandating day-ahead market coupling. Regulators warn the move could centralize power price-setting and disrupt competition. IEX alleges regulatory flaws and insider trading in its legal filings.
20 January 2026

Stock Market Today

  • Fossil Group Shares Surge 8.3% Amid Mixed Earnings Outlook
    April 9, 2026, 9:16 AM EDT. Fossil Group (FOSL) shares jumped 8.3% to close at $5.2 on heavy volume, extending a 19.1% gain over the past month. Despite this rally, the watchmaker is expected to report a quarterly loss of $0.22 per share, a 120% decline year over year, with revenues down 12% to $205.3 million. Consensus earnings estimates have been revised sharply lower by 236.4% in the last 30 days, typically a bearish signal. Fossil is focusing on a brand-led turnaround with full-price sales and cost tightening to support margins and growth, particularly in the U.S. and India. The stock retains a Zacks Rank #3 (Hold). Peer Urban Outfitters (URBN) gained 5.4%, but its earnings forecasts also declined slightly. Investors should watch if Fossil's price momentum can withstand its weak earnings forecast.

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When Will Gas Prices Fall? Iran Ceasefire May Not Bring Quick Relief as Oil Rebounds

When Will Gas Prices Fall? Iran Ceasefire May Not Bring Quick Relief as Oil Rebounds

9 April 2026
Brent crude rebounded 3% Thursday despite a U.S.-Iran ceasefire, with the Strait of Hormuz still nearly shut and only one oil-products tanker passing in 24 hours. U.S. gasoline averaged $4.166 a gallon on April 9, and AAA said prices could drop slowly. North Sea Forties crude hit a record $146.43 a barrel. The U.S. EIA expects Hormuz flows may take months to recover.
CoreWeave Stock Climbs on $21 Billion Meta AI Cloud Deal, but Debt Risks Stay in Focus

CoreWeave Stock Climbs on $21 Billion Meta AI Cloud Deal, but Debt Risks Stay in Focus

9 April 2026
CoreWeave said Meta Platforms committed about $21 billion for AI cloud capacity through December 2032. Shares rose 4.3% to $88.90 in premarket trading after the announcement. The deal follows an $8.5 billion loan facility and a $1.25 billion senior notes offering. CoreWeave reported $5.13 billion in 2025 revenue and ended December with a $66.8 billion backlog.
NVIDIA’s Rubin AI Chip Ramp Hits Fresh Snag as HBM4 Memory Crunch Clouds 2026

NVIDIA’s Rubin AI Chip Ramp Hits Fresh Snag as HBM4 Memory Crunch Clouds 2026

9 April 2026
TrendForce said April 8 that Nvidia’s Rubin AI chip shipments may be delayed by HBM4 memory qualification and cooling demands, shifting over 70% of 2026 high-end GPU volume to the current Blackwell line. Rubin’s projected share dropped to 22%. Samsung began shipping HBM4 to Nvidia in February, but SK Hynix and Micron face qualification delays. Broadcom signed a long-term deal to develop Google’s TPUs through 2031.
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