Today: 16 April 2026
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NASDAQ:ASTL 11 February 2026

Dow futures tick up as delayed jobs report nears and an AI tax tool rattles Schwab

Dow futures tick up as delayed jobs report nears and an AI tax tool rattles Schwab

The Dow closed at a record 50,188.14 Tuesday, while the S&P 500 and Nasdaq slipped after weak retail sales. U.S. stock futures edged higher late as traders awaited a delayed January jobs report, expected to show a 70,000 payroll gain and 4.4% unemployment. Brokerage shares fell sharply on AI disruption fears. Robinhood dropped 6.3% after missing revenue estimates.

Stock Market Today

  • Urban Edge Properties Valuation Analysis Amid Share Price Surge
    April 15, 2026, 9:35 PM EDT. Urban Edge Properties (UE) has gained about 14.79% in the last 3 months and 24.58% over the past year, generating fresh valuation interest. The stock closed recently at $21.42, slightly below its assessed fair value of $22.14, suggesting a modest undervaluation. Analysts note redevelopment projects and signed but not open leases could boost net operating income (NOI) and future cash flow. However, the firm's price-to-earnings (P/E) ratio of 28.9x exceeds the U.S. Retail REIT sector average, raising concerns over limited margin of safety amid expected revenue and earnings declines. Further risks include tenant bankruptcies and market slowdowns in concentrated Northeast regions impacting occupancy and rents. Investors should weigh these factors as momentum builds around UE's stock price.

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Norse Atlantic Cancels All LAX Summer Flights as Fuel Costs Force Los Angeles Retreat

Norse Atlantic Cancels All LAX Summer Flights as Fuel Costs Force Los Angeles Retreat

16 April 2026
Norse Atlantic Airways has canceled all planned summer flights from Los Angeles to London Gatwick, Paris, and Rome, citing surging jet fuel costs. The airline launched a $110 million rights issue, secured a $70 million bridge loan, and withdrew its 2026 outlook. Routes disappeared from booking systems on April 14. Norse had been the only scheduled operator on the Gatwick-Los Angeles route.
S&P 500 Hits Record High as Iran Deal Hopes, Bank Earnings Lift Wall Street

S&P 500 Hits Record High as Iran Deal Hopes, Bank Earnings Lift Wall Street

16 April 2026
The S&P 500 closed at a record 7,022.95 and the Nasdaq at 24,016.02 on Wednesday, erasing losses from the March selloff tied to the Feb. 28 conflict. Bank of America reported $8.6 billion in first-quarter net income, up 17%, while Morgan Stanley posted record revenue. Talks between Washington and Tehran raised hopes for easing oil supply fears, but Brent crude stayed elevated at $94.93 a barrel.
Tesla’s U.S. Solar Bet Faces China Export Threat as Energy Arm Becomes More Profitable Than Cars

Tesla’s U.S. Solar Bet Faces China Export Threat as Energy Arm Becomes More Profitable Than Cars

16 April 2026
China is considering export restrictions on advanced solar-manufacturing equipment to the U.S., potentially affecting Tesla’s plans for new factories, sources told Reuters. Tesla aims to buy $2.9 billion in solar-panel equipment from China and expand U.S. solar production. China produces over 80% of global solar panel components. No final decision has been made, and consultations remain preliminary.
Hims & Hers Stock Surges as FDA Reopens Peptide Rules, Shifting Focus Beyond GLP-1 Drama

Hims & Hers Stock Surges as FDA Reopens Peptide Rules, Shifting Focus Beyond GLP-1 Drama

15 April 2026
Hims & Hers Health shares rose 14% to $24.29 after the FDA said it will review restrictions on several peptides, including BPC-157 and TB-500. The agency set a July advisory meeting and will remove some peptides from its safety-risk list within a week. Hims, which acquired a California peptide facility last year, reported $2.35 billion in 2025 revenue and 2.511 million subscribers.
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