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UK Stock Market Today: FTSE 100 Slides as Oil Jumps, BoE Cut Bets Take Another Hit

UK Stock Market Today: FTSE 100 Slides as Oil Jumps, BoE Cut Bets Take Another Hit

London’s FTSE 100 dropped 0.7% in early trade Thursday as Brent crude topped $100 a barrel following new Gulf shipping attacks. Travel firm On the Beach suspended its profit forecast, citing weaker holiday demand tied to Middle East conflict. Legal & General shares fell 5% after missing profit targets. TP ICAP rose 3.5% on stronger trading results.

Stock Market Today

  • BlackBerry Shares Jump 13% on Expanded Nvidia Partnership
    April 20, 2026, 3:22 PM EDT. BlackBerry Ltd.'s stock surged 13% to around $7.50 after announcing an expanded partnership with Nvidia. The collaboration enables BlackBerry developers to build and deploy artificial intelligence (AI) systems on Nvidia's IGX Thor platform, designed for regulated sectors like autonomous robotics, medical imaging, and industrial automation. Once known for smartphones, BlackBerry has shifted focus to software for vehicles, medical devices, and secure communications. Nvidia, a leader in graphics processing units (GPUs) that power AI and data centers, is deepening ties with BlackBerry, underscoring growing AI integration in critical industries.

Latest article

Alphabet Stock Slips as Google-Marvell AI Chip Talks Put Spending, Earnings in Focus

Alphabet Stock Slips as Google-Marvell AI Chip Talks Put Spending, Earnings in Focus

20 April 2026
Alphabet shares fell 0.9% to $338.45 Monday after reports Google is in talks with Marvell Technology to develop two AI chips, despite ongoing investor concerns over a projected $175–$185 billion 2026 spending bill. Marvell stock rose 6.1% while Broadcom dropped 2.4%. Alphabet reports first-quarter results April 29. Google and Marvell declined to comment.
Meta Q1 2026 Earnings Set for April 29 as Ad Growth Faces AI Spending Test

Meta Q1 2026 Earnings Set for April 29 as Ad Growth Faces AI Spending Test

20 April 2026
Meta Platforms will report first-quarter earnings after markets close April 29, with a conference call set for 2:30 p.m. Pacific. Shares fell 2.3% midday Monday. Analyst Justin Post expects Meta to beat estimates, forecasting $56 billion in revenue and $7.44 EPS for the March quarter. Meta recently extended its AI chip deal with Broadcom through 2029 and faces rising energy costs and new European regulatory scrutiny.
TQQQ Is Back in Focus as Filings Reveal Bigger Bets on Leveraged Nasdaq ETF

TQQQ Is Back in Focus as Filings Reveal Bigger Bets on Leveraged Nasdaq ETF

20 April 2026
Oriental Harbor Investment Master Fund doubled its stake in ProShares UltraPro QQQ to 2.4 million shares, worth about $126.6 million, in the fourth quarter, filings show. Q3 Asset Management and Main Street Group also increased TQQQ holdings. The disclosures came as the Nasdaq fell 0.55% Monday amid renewed U.S.-Iran tensions. TQQQ’s net assets stood at $31.6 billion as of April 17.
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