Today: 22 April 2026
Subscribe
Browse Category

LSE:OTB 12 March 2026

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.
12 March 2026
···········

Stock Market Today

  • Stock Market Falls Amid US-Iran Tensions Despite Record Highs in Key Sectors
    April 22, 2026, 9:19 AM EDT. The S&P 500, Nasdaq, and Dow Jones dropped as US-Iran tensions escalated, leading to the closure of the strategic Strait of Hormuz. Despite this, several indexes hit record closing highs, including the Dow Jones Transportation Average, Russell 2000, and S&P MidCap 400. Strong performances were seen in sectors like Technology, Industrial Metals, and Commercial Vehicles. ETFs focused on semiconductors, tech, and small caps also surged. Notable consumer discretionary gains came from companies such as Avis Budget, Hilton, and Ross Stores. Financial names like Bank of New York Mellon and State Street showed resilience. Industrial stocks including Caterpillar, FedEx, and Steel Dynamics marked gains. Tech giants like Cisco, Analog Devices, and Texas Instruments contributed to sector strength. Market dynamics reflect a complex blend of geopolitical risk and selective investor confidence.

Latest article

SoundHound AI Stock Rebounds After $43 Million LivePerson Deal as Investors Reassess the Selloff

SoundHound AI Stock Rebounds After $43 Million LivePerson Deal as Investors Reassess the Selloff

22 April 2026
SoundHound AI shares rose 3.8% in premarket trading after announcing a $43 million all-stock deal to acquire LivePerson. The merger would unite 25 Fortune 100 customers and a network handling 1 billion messages monthly. SoundHound expects the combined company to be debt-free at closing and forecasts 2027 revenue of at least $350 million. The deal requires LivePerson shareholder and regulatory approvals.
AT&T Earnings Beat as Meritage, TD Waterhouse and Zurcher Stake Cuts Resurface

AT&T Earnings Beat as Meritage, TD Waterhouse and Zurcher Stake Cuts Resurface

22 April 2026
AT&T added 294,000 postpaid wireless subscribers in the first quarter, beating forecasts, and reported a 2.9% revenue rise to $31.5 billion. The company maintained its 2026 outlook. Recent reports of institutional stake cuts were based on year-end 2023 data, before AT&T’s Lumen fiber deal and latest earnings. Free cash flow dropped to $2.5 billion as capital spending increased.
Best Buy CEO Corie Barry to Step Down, Jason Bonfig Named Successor as Sales Stay Sluggish

Best Buy CEO Corie Barry to Step Down, Jason Bonfig Named Successor as Sales Stay Sluggish

22 April 2026
Best Buy said CEO Corie Barry will step down Oct. 31, with Jason Bonfig, chief customer, product and fulfillment officer, taking over Nov. 1 and joining the board. The move comes as Best Buy faces sluggish sales; fourth-quarter comparable sales fell 0.8%. Barry will remain as a strategic adviser for six months. Bonfig, with Best Buy since 1999, currently oversees merchandising, e-commerce, and supply chain.
Go toTop